A proposed sustainable welfare measurement for Indonesia

Abstract

Welfare is said to be the main goal of economic development in every country, and it is almost believed that the development goal of all existing development concepts is toward prosperity. the concept and measurement of the level of community welfare have very various complex problems. Various researchers have made attempts to measure the welfare of society. The measurement method has also undergone an evolutionary process, from simple to very complex. Measuring sustainable welfare has recently become an alternative measure of welfare, considering the target of achieving the Sustainable Development Goals. This study will review thirteen articles related to measuring sustainable welfare and propose how to measure sustainable welfare in Indonesia. The results of this study found that researchers in various countries have made various modifications to Index of Sustainable Economic Welfare (ISEW) to suit the conditions in their respective countries. However, apart from Putra & Arini (2018), no one has included a digital dimension as a response to current technological developments. Therefore, this study proposes measuring sustainable welfare by adding aspects that can increase or decrease sustainable welfare, namely, the dimensions of digitalization and religiosi ty.