Globalization, Poverty, Inequality, and Insecurity: Some Insights from the Economics of Happiness
Published By: UNU-WIDER on eSS | Published Date: June, 30 , 2005The literature on the economics of happiness in the developed economies finds
discrepancies between reported measures of wellbeing and income measures. The
‘Easterlin paradox’, for example, shows that average happiness levels do not increase as
countries grow wealthier. This article explores how the economics of happiness can
help explain gaps between standard measures of poverty and inequality and reported
assessments of welfare in countries in the process of integrating into the global
economy. [Research Paper No. 2005/33]
Author(s): Carol Graham | Posted on: Nov 30, 2010 | Views(772) | Download (78)