{"id":15220,"date":"2019-10-07T14:04:25","date_gmt":"2019-10-07T18:04:25","guid":{"rendered":"https:\/\/globalwellnessinstitute.org\/?page_id=15220"},"modified":"2024-12-10T16:26:22","modified_gmt":"2024-12-10T21:26:22","slug":"gwi-releases-2nd-white-paper-in-its-understanding-wellness-series","status":"publish","type":"page","link":"https:\/\/globalwellnessinstitute.org\/press-room\/press-releases\/gwi-releases-2nd-white-paper-in-its-understanding-wellness-series\/","title":{"rendered":"GWI Releases 2nd White Paper in its \u201cUnderstanding Wellness\u201d Series"},"content":{"rendered":"

Media Contact: Beth McGroarty
\nbeth.mcgroarty@globalwellnessinstitute.org<\/a>\u00a0\u2022 +1.213.300.0107<\/p>\n

Global Wellness Institute Releases 2nd White Paper in its
\n\u201cUnderstanding Wellness\u201d Series
\n<\/strong><\/h3>\n

Second report explores the opportunities and impact the wellness economy has for regional development; series brings clear, expert insights on how wellness is evolving now and into the future<\/em><\/p>\n

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Miami, FL \u2013 October 8, 2019 <\/strong>\u2013 The Global Wellness Institute\u2122 (GWI), a nonprofit research and educational resource for the world wellness industry, today\u00a0released the second white paper in its \u201cUnderstanding Wellness\u201d series. The white papers are designed to serve as primers for policymakers, businesspeople, researchers and students on how wellness has become a major force around the world and the ways it will evolve in the future.<\/p>\n

This second paper,\u00a0<\/em>\u201cOpportunities and Impacts of the Wellness Economy for Regional Development,\u201d outlines the ways a growing wellness industry can facilitate development and growth in countries, regions and communities around the world.<\/p>\n

READ THE WHITE PAPER HERE<\/strong><\/a><\/p>\n

\u201cThe wellness economy is now a $4.2 trillion global industry, yet the growth has been largely a private sector phenomenon and off the radar of most government leaders, policymakers and economic developers,\u201d explained Ophelia Yeung, GWI senior researcher and coauthor of the series.<\/p>\n

\u201cWe think it\u2019s time governments around the world start paying more attention to this crucial sector, not only because it enables economic development, competitiveness and growth, but because it has massive implications in the arenas of health, urban planning, environmental and cultural sustainability, workforce equity and diversity, social and cultural affairs, and much more,\u201d continued Katherine Johnston, GWI senior researcher and coauthor of the series.<\/p>\n

Wellness is now over half the size of global health expenditures, which were estimated at $7.3 trillion in 2015*. As an industry, wellness is a major force in the global economy\u2014close in size to the information and communications technology (ICT) industry and larger than the sports, pharmaceuticals, and travel and tourism industries.<\/p>\n

Expect in-depth, digestible analysis on the following topics<\/strong>:<\/p>\n

Wellness is an economic growth driver.<\/p>\n