Measuring more than just economic growth to improve well-being

It's official: The UK is in a recession. The economy has suffered its biggest slump on record with a drop in gross domestic product (GDP) of 20.4%. This is going to have a significant impact on our health and well-being. It risks creating a spiralling decay as we know good health is not only a consequence, but also a condition for sustained and sustainable economic development. In this way, the health of a nation creates a virtuous circle of improved health and improved economic prosperity. How we measure prosperity is therefore important and needs to be considered.

Automated summary

The UK officially announces recession with a record drop in GDP of 20.4%, which will have a significant impact on health and well-being. Good health is both a consequence and a condition for sustained economic development, creating a virtuous circle of improved health and prosperity.