Session 2 of the virtual event series on Implementing a well-being approach to policy and international partnerships in Latin America, 28-30 June 2022, More information at: https://www.oecd.org/wise/lac-well-being-metrics.htm

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2. HOW’S LIFE IN
LATIN AMERICA?
Measuring Well-Being for Policy Making
Sebastián Nieto Parra
 OECD Development Centre

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Embedding a multidimensional approach to every stage
of the policy cycle

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Public policy uses in OECD countries: New Zealand
The Living Standards Framework
Source: New Zealand Treasure, https://www.treasury.govt.nz/publications/budgets/budget-2021
2019

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Agenda-setting
• The region has improved in the adoption
of multidimensional development
objectives into National Development
Plans
• Most development plans have made
great efforts to align with the 2030
Agenda and the Sustainable
Development Goals

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While National Development Plans are increasingly taking a multidimensional view,
economic goals remain largely dominant in the 11 dimensions of the OECD Well-
being Framework

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Policy formulation and budgeting, and implementation
• Aligning government spending with societal well-being outcomes.
• Adopting a multidimensional approach requires a better alignment
between National Development Plans and budget allocation
• Identifying an effective package of interventions following a
coordinated approach to raising well-being.
Multidimensional Poverty Indexes have greatly contributed to the
use of a multidimensional approach in targeting social programmes
and policies.

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Monitoring and evaluation
• Monitoring: Using a multidimensional lens to monitor societal progress
• Policy evaluation: Using multidimensional frameworks to evaluate ‘what
worked’ for raising societal well-being can help accelerate societal progress
• Improving the statistical infrastructure is essential for LAC
countries to strengthen multidimensional monitoring and
evaluation

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Key elements for adopting a new well-being-centred
approach to public policies
• Local leadership leveraged by international technical support and peer learning
o Regional and international development partnerships and an open, rule-based
multilateral system are essential to support development in the LAC region
• Broad public and political support beyond political cycles
• Institutional mechanisms that anchor well-being priorities into long-term government
operations though:
o Developing new capacities among civil servants
o Coordinated sectoral efforts, creating synergies and avoiding policy silos
o Further citizens’ participation

10. THANK YOU!