Niemieckie zmagania ze społeczną gospodarką rynkową - wskaźnik W

Since 1948 Federal Republic of Germany functions in a system of social market economy. This system underwent various evolutions and now requires constant renewal and updates. This is due to the rapid changes that occur in the contemporary economy. The consequence of the dynamic development was negligent in the protection in the environment, which in turn influenced reduction of welfare and quality of life. Hence, the German parliament decided to appoint a Committee of Experts, which was to take care of the ways to overcome the negative effects of economic development. The aim of this paper is to present a method of creating a new alternative measure of well- being (indicator W3), as well as conclusions included in a Commission of Ex¬perts' final report and selected recommendations for economic politicians.