Measuring, modeling, and forecasting the Mental Wealth of Nations

Occhipinti, J.-A. et al. (2022) Measuring, modeling, and forecasting the Mental Wealth of Nations. Frontiers in Public Health, 10, 879183. (doi: 10.3389/fpubh.2022.879183)

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Abstract

The COVID-19 pandemic has exposed the deep links and fragility of economic, health and social systems. Discussions of reconstruction include renewed interest in moving beyond GDP and recognizing “human capital”, “brain capital”, “mental capital”, and “wellbeing” as assets fundamental to economic reimagining, productivity, and prosperity. This paper describes how the conceptualization of Mental Wealth provides an important framing for measuring and shaping social and economic renewal to underpin healthy, productive, resilient, and thriving communities. We propose a transdisciplinary application of systems modeling to forecast a nation's Mental Wealth and understand the extent to which policy-mediated changes in economic, social, and health sectors could enhance collective mental health and wellbeing, social cohesion, and national prosperity. Specifically, simulation will allow comparison of the projected impacts of a range of cross-sector strategies (education sector, mental health system, labor market, and macroeconomic reforms) on GDP and national Mental Wealth, and provide decision support capability for future investments and actions to foster Mental Wealth. Finally, this paper introduces the Mental Wealth Initiative that is harnessing complex systems science to examine the interrelationships between social, commercial, and structural determinants of mental health and wellbeing, and working to empirically challenge the notion that fostering universal social prosperity is at odds with economic and commercial interests.

Item Type:Articles
Additional Information:This work was primarily supported by the Mental Wealth Initiative funded by the University of Sydney, and additionally supported by philanthropic funding to the Brain and Mind Centre, University of Sydney. PM is supported by the UK Prevention Research Partnership (SIPHER Consortium, MR/S037578/1, MR/S037578/2) and the Systems Science in Public Health Programme (MRC: MC_UU_00022/5 and CSO: SPHSU20).
Status:Published
Refereed:Yes
Glasgow Author(s) Enlighten ID:Meier, Professor Petra
Authors: Occhipinti, J.-A., Buchanan, J., Skinner, A., Song, Y. J. C., Tran, K., Rosenberg, S., Fels, A., Doraiswamy, P. M., Meier, P., Prodan, A., and Hickie, I. B.
College/School:College of Medical Veterinary and Life Sciences > School of Health & Wellbeing > MRC/CSO SPHSU
Journal Name:Frontiers in Public Health
Publisher:Frontiers Media
ISSN:2296-2565
ISSN (Online):2296-2565
Copyright Holders:Copyright © 2022 Occhipinti, Buchanan, Skinner, Song, Tran, Rosenberg, Fels, Doraiswamy, Meier, Prodan and Hickie
First Published:First published in Frontiers in Public Health 10: 879183
Publisher Policy:Reproduced under a Creative Commons License

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Project CodeAward NoProject NamePrincipal InvestigatorFunder's NameFunder RefLead Dept
3048231Systems science research in public healthPetra MeierMedical Research Council (MRC)MC_UU_00022/5HW - MRC/CSO Social and Public Health Sciences Unit
3048231Systems science research in public healthPetra MeierOffice of the Chief Scientific Adviser (CSO)SPHSU20HW - MRC/CSO Social and Public Health Sciences Unit