Well-being and Happiness: How it fits on development policy?

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Continuing with our line of though regarding the better way of measuring poverty, the concept of well being appears to be a closer and more holistic approximation on the path to development growth. As we have said in our previous post  ( 12/02/2015 ) the Happy Planet Index shows that a subjective element as happiness could be able to change substantially the results of measuring well-being. It s inclusion in a development policy represents an important challenge in terms of measure and make us redefine the originals goals of the MDG´s.

The following article of Kroll in The Guardian: “What makes people happy and why it matter for development” shows clearly the importance of this subjective factor of difficult measure that however, needs objective results.

Read more: http://www.theguardian.com/global-development-professionals-network/2013/sep/03/happiness-economics-wellbeing-mdgs

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