The brain-positive economy, or brain economy, is a global goal to stop and reverse the loss of Brain Capital, which puts a premium on brain health and brain skills in accomplishing socio-economic objectives. This economic transition is not just good for people, but also for the economy and nature. Here we outline public, private, and philanthropic solutions to advance this transition.
The coming years are likely to be turbulent due to a myriad of factors or polycrisis, including an escalation in climate extremes, emerging public health threats, weak productivity, increases in global economic instability, and further weakening in the integrity of global democracy. The Institute for Health Metrics and Evaluation’s data shows that the burden of brain disorders is more significant than cardiovascular diseases or cancers, impacting the economic security of nations.
Indeed, Christine Lagarde, President of the European Central Bank, noted at the 2023 US Reserve Bank’s three-day symposium that there is "no playbook" for the changing and complex global economy and society. She noted our economy is in a new age and past economic models may not be a good guide for our collective future. We believe the brain economy transition to boost brain capital, fueled by a renaissance in brain science, is a new economic model fit for the coming decades.
Brain Capital provides a new lens for dealing with economic insecurity, productivity slow down, sustainability, gender equity, creativity shortcomings, as well as mental and brain health, thereby affecting education.
This brain-based economic transition strategy was inspired significantly by the World Economic Forum (WEF) and McKinsey’s work on the nature-positive economy.
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