Wellbeing and social capital are central concepts in the policy discourse of the new government. At the same time, inspired in part by the Capabilities Approach of Sen and Nussbaum, Treasury has been developing its living standards framework. This discussion paper makes a first attempt at...

Sen’s influential work on human development has led economists to explore new areas that have become increasingly important for human well-being. In particular, Sen emphasizes the importance of the "freedom to choose". Freedom, however, is not always an exact (crisp) outcome, and membership in...

There are multidimensional short- and long-term impacts of disasters (natural and man-made) on human well-being. Despite this, restitution strategies have predominantly relied on asset-based approaches to measure disaster losses and craft such strategies. There is a growing realization that for...