In this interview with BCG, Nobel laureate and professor of economics at the Stern School of Business at New York University, A. Michael Spense, discusses the increasing attention being paid worldwide to well-being, the critical role of governance in raising living standards, and what government leaders can do to maximize the impact of their policies.

Value for Dubai

Dubai has been consistently dedicated to promoting the happiness of its citizens, residents and visitors. These valuable insights to the role of governence in promoting people's will be beneficial in guiding Smart Dubai's vision to make Dubai the happiest city on earth.