This Working paper proposes four new composite indicators to measure the wellbeing’s sustainability by using the stock of capitals passed on to the future generations. These indicators measure the evolution of the human, social, natural and economic capital. Their analysis shows that wellbeing’s sustainability in Belgium is questioned due to the diminution of the natural capital.
This Working paper proposes eleven new composite indicators to measure changes in well-being for women, men, four age groups and five income categories (quintiles) in Belgium. They were constructed using a statistical analysis of the drivers of well-being specific to these population groups. These indicators are complementary to the indicator Well-being here and now that measures the average development in well-being in Belgium.
This Working Paper proposes an indicator to measure the development in well-being in Belgium. It was built from a statistical analysis of the determinants of well-being in Belgium. It has the advantage of being transparent, divisible and easy to communicate. The analysis shows that the well-being of Belgians generally decreased between 2005 and 2016. This decrease is mainly due to a deterioration in the health of Belgians.
This Working Paper analyses the determinants of individual well-being in Belgium, using data from the EU-SILC survey. The analysis shows that on average health, both mental and physical, is the key determinant of well-being for Belgians. Enjoying sufficient income to access what is regarded as the prevailing standard of living in Belgium, having a job and being surrounded by loved ones also have a significant and positive impact on well-being. Besides these results for "average" Belgians, the analysis of different sub-groups highlights that these determinants are not of equal importance to all Belgians. These results contribute to the FPB’s work on the search for indicators complementary to GDP.
One of the main sections in the current draft of the 2011-2012 Interprofessional Agreement concerns the welfare adjustment of social benefits. This draft results from a long process and fits in with the law concerning the Solidarity Pact between the Generations, which established a structural mechanism at the end of 2005, linking social benefits to welfare evolution. This working paper ‘Welfare adjustment of social benefits’ describes the first stage of that process: estimating the disposable financial means for the welfare adjustment of social benefits for the period 2011-2012, to which the Federal Planning Bureau contributed. In the employees scheme these means amount to 233.8 million in 2011 and to 497.9 million in 2012, of which the draft of the Interprofessional Agreement proposes to utilize merely 60%. Furthermore, this paper offers an overview of Belgian social policy by portraying its main turning points on the one hand and analysing the evolution of the average amounts of the main social benefits since 1980 on the other. The outcome is marked with contrast: over the period 1980-2009 the relative standard of living globally improved for pensioners, as opposed to the unemployed and the disabled.