Abstract
This paper: (1) describes New Zealand's 2019 Wellbeing policy and process reforms, including the Living Standards Framework policy analysis tool; (2) assesses the potential for New Zealand's recent budget process changes to lead to transformative policy change; and (3) assesses the extent to which the New Zealand approach can be replicated or adapted by other countries. Background working paper/research draft for International Budget Partnership paper “New Zealand’s ‘Wellbeing Budget’: A New Model for Managing Public Finances?”. All errors, omissions, and views in this draft are mine alone and not attributable to the International Budget Partnership.
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