South Korea's finance minister said on Nov. 27, 2018 that the most important thing to people is their quality of life, adding that the country is focusing on boosting job creation and narrowing income inequality.
"The growing public interest in these statistics can be attributed to the current unemployment and income distribution situation in Korea. In the past, people used to focus mostly on the country's growth and export numbers," Finance Minister Kim Dong-yeon said in a speech at the OECD World Forums on Statistics, Knowledge and Policy in Incheon, west of Seoul.
The minister said this is a departure from the past when more interest was on exports and economic growth-related data.
"This is a strong signal that the quality of life and the well-being of people are being valued highly," he said.
Such a move is in line with the OECD's efforts to boost well-being, he added. (Yonhap)