The report explained: “Higher ranges of volunteering and giving should be encouraged as they are a potent way of increasing subjective wellbeing.
“Governments could have a position in presenting evidence on the positive results of volunteering, and creating it straightforward and appealing to give and volunteer.”
Lord O’Donnell, who as Sir Gus O’Donnell served three Prime Ministers as Cabinet secretary, informed The Everyday Telegraph that this particularly applied to the elderly after they end working.
He stated: “Loneliness is the fundamental equivalent of smoking 15 cigarettes a day in terms of what it will do for your existence expectancy.
“The ageing population is quite expensive. Some men and women are generally really lonely and, if they are lonely, their well being deteriorates and they end up investing far more time in hospital.”
He explained that elderly individuals who are 60 or 65 “have a lot to give to society”, including: “There are two groups who genuinely need to have them – the older group and the very younger in terms of demands for childcare – helping out at the two ends of the spectrum.
“It is actually very good for the 65 to 80 group simply because in volunteering their sense of wellbeing their sense that they are necessary nevertheless, gets enhanced and they come to feel significantly far better as opposed to sitting around not performing quite a lot.”
Other suggestions of the report integrated requiring colleges to educate “character building” life skills to kids, alongside normal lessons.
Teachers should also be offered advice on how to monitor the psychological health of kids in their care.
In long term careers advice for students need to incorporate taking into consideration whether they may be satisfied – rather than just if they may possibly be paid ample, he said.
Lord O’Donnell mentioned that placing people’s well being and wellbeing at the heart of policy creating was “the next stage of public sector reform”, adding: “This is about much better Government, not bigger Government.”
He urged officials at the Treasury to use the Legatum report to function out how maintaining men and women pleased in policy producing can conserve the state funds in hospital and care payments.
This incorporated recognising that in the economy it may well be required “to trade off a minor bit on average growth” to boost happiness across the population.
Lord O’Donnell mentioned: “The total ‘no much more boom and bust’ was in fact a quite great objective since in the downturn individuals get unemployed and the price of unemployment and wellbeing are considerably, a lot more than just reduction of income.
“People’s health deteriorates when they are unemployed, their capability to get back into the labour marketplace goes down, so you are significantly far better off smoothing things out. People care a lot far more about a loss of revenue than the equivalent rise in earnings.”
Lord O’Donnell extra: “GDP alone is not enough. To measure a country’s progress, we also need to have to search at how happy we are with our lives and how worthwhile our lives are.
“Our report shows how to do this: how to measure wellbeing, how to analyse it and how to act on it. We demonstrate how governments and individuals can use this data to make greater decisions and in the end a better society.”