TY - JOUR
T1 - The Brain Economy
T2 - Advancing Brain Science to Better Understand the Modern Economy
AU - Eyre, Harris A.
AU - Hynes, William
AU - Ayadi, Rym
AU - Swieboda, Pawel
AU - Berk, Michael
AU - Ibanez, Agustin
AU - Castelló, María E.
AU - Jeste, Dilip V.
AU - Tempest, Michelle
AU - Abdullah, Jafri Malin
AU - O’brien, Kelly
AU - Carnevale, Steve
AU - Njamnshi, Alfred K.
AU - Martino, Michael
AU - Mannix, Dan
AU - Maestri, Katrina
AU - Yu, Ruojuan
AU - Chen, Shuo
AU - Ng, Chee H.
AU - Volmink, Heinrich C.
AU - Ahuja, Rajiv
AU - Destrebecq, Frederic
AU - Vradenburg, George
AU - Schmied, Astrid
AU - Manes, Facundo
AU - Platt, Michael L.
N1 - Publisher Copyright:
© Penerbit Universiti Sains Malaysia, 2024.
PY - 2024
Y1 - 2024
N2 - 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. These formidable challenges are not exogenous to the economy but are in some cases generated by the system itself. They can be overcome, but only with far-reaching changes to global economics. Our current socio-economic paradigm is insufficient for addressing these complex challenges, let alone sustaining human development, well-being and happiness. To support the flourishing of the global population in the age of polycrisis, we need a novel, person-centred and collective paradigm. The brain economy leverages insights from neuroscience to provide a novel way of centralising the human contribution to the economy, how the economy in turn shapes our lives and positive feedbacks between the two. The brain economy is primarily based on Brain Capital, an economic asset integrating brain health and brain skills, the social, emotional, and the diversity of cognitive brain resources of individuals and communities. People with healthy brains are essential to navigate increasingly complex systems. Policies and investments that improve brain health and hence citizens’ cognitive functions and boost brain performance can increase productivity, stimulate greater creativity and economic dynamism, utilise often underdeveloped intellectual resources, afford social cohesion, and create a more resilient, adaptable and sustainability-engaged population.
AB - 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. These formidable challenges are not exogenous to the economy but are in some cases generated by the system itself. They can be overcome, but only with far-reaching changes to global economics. Our current socio-economic paradigm is insufficient for addressing these complex challenges, let alone sustaining human development, well-being and happiness. To support the flourishing of the global population in the age of polycrisis, we need a novel, person-centred and collective paradigm. The brain economy leverages insights from neuroscience to provide a novel way of centralising the human contribution to the economy, how the economy in turn shapes our lives and positive feedbacks between the two. The brain economy is primarily based on Brain Capital, an economic asset integrating brain health and brain skills, the social, emotional, and the diversity of cognitive brain resources of individuals and communities. People with healthy brains are essential to navigate increasingly complex systems. Policies and investments that improve brain health and hence citizens’ cognitive functions and boost brain performance can increase productivity, stimulate greater creativity and economic dynamism, utilise often underdeveloped intellectual resources, afford social cohesion, and create a more resilient, adaptable and sustainability-engaged population.
KW - brain health
KW - brain science
KW - brain skills
KW - economy
KW - finance
KW - medicine
KW - mental health
KW - neuroscience
KW - psychiatry
KW - research
UR - http://www.scopus.com/inward/record.url?scp=85183320446&partnerID=8YFLogxK
U2 - 10.21315/mjms2024.31.1.1
DO - 10.21315/mjms2024.31.1.1
M3 - Editorial
AN - SCOPUS:85183320446
SN - 1394-195X
VL - 31
SP - 1
EP - 13
JO - Malaysian Journal of Medical Sciences
JF - Malaysian Journal of Medical Sciences
IS - 1
ER -