noun
net national welfare; NNW
Economic indicator measuring national welfare after deducting negative externalities such as pollution and adding non-market benefits. Technical term used in policy and academic contexts.
国民純福祉はGDPでは捉えられない生活の質を評価する指標です。
Net National Welfare is an indicator that evaluates quality of life not captured by GDP.
Compound of 国民 (kokumin, 'national') + 純 (jun, 'net') + 福祉 (fukushi, 'welfare'), calque of English 'net national welfare'.