However, global economic uncertainties persist following what is sometimes referred to as the Great Recession43 Low growth and higher unemployment is profoundly affecting many economies (e.g. USA, UK and Southern Europe). The Great Recession is likely to alter the way in which academics and policy makers think about how best to deliver economic growth in the years ahead. This has led leading economists and experts to explore to what extent economic growth alone should be seen as the ultimate goal, and whether other measures of success, such as happiness and environmental sustainability, should be incorporated as part of a wider more sophisticated measure of economic and social progress.