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The relationship between the Living Standards Framework and the Sustainable Development Goals Judd Ormsby

By: Ormsby, Judd.
Material type: materialTypeLabelBookSeries: Living Standards Series: Discussion Paper.Publisher: Wellington, New Zealand : New Zealand Treasury, 2018Description: electronic document (14 pages) ; PDF file ; HTML version available.ISBN: 978-1-98-855654-3.Subject(s): New Zealand. Treasury | ECONOMIC ANALYSIS | GOVERNMENT POLICY | Living Standards Framework | SOCIAL POLICY | WELLBEING | NEW ZEALANDOnline resources: Click here to access online | Living Standards Framework Living Standards Series: Discussion Paper:18/06, July 2018Summary: Those familiar with both the Sustainable Development Goals (SDGs) and the Treasury’s Living Standards Framework (LSF) have often asked us what the relationship is between the two. This paper, drawing on work done by the Organisation for Economic Cooperation and Development (OECD), provides an answer to that question. While there are conceptual differences between the two – the SDGs are a set of policy goals, the LSF a framework for thinking about wellbeing – there is a large degree of overlap. This paper shows that each of the SDGs relate to an aspect of the LSF, while three of the LSF’s domains of wellbeing do not map well to an SDG (though even here, the flexible nature of the SDGs mean it would not be hard to adapt SDG reporting processes to include these areas). (Executive summary). For more information on Treasury's approach to the Living Standards Framework, access the website. Record #5934
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Living Standards Series: Discussion Paper:18/06, July 2018

Those familiar with both the Sustainable Development Goals (SDGs) and the Treasury’s Living Standards Framework (LSF) have often asked us what the relationship is between the two. This paper, drawing on work done by the Organisation for Economic Cooperation and Development (OECD), provides an answer to that question. While there are conceptual differences between the two – the SDGs are a set of policy goals, the LSF a framework for thinking about wellbeing – there is a large degree of overlap. This paper shows that each of the SDGs relate to an aspect of the LSF, while three of the LSF’s domains of wellbeing do not map well to an SDG (though even here, the flexible nature of the SDGs mean it would not be hard to adapt SDG reporting processes to include these areas). (Executive summary).

For more information on Treasury's approach to the Living Standards Framework, access the website. Record #5934