Happiness and hardship

By Carol Graham, Stefano Pettinato

Subjects: Business/Economics, Macroeconomics, Government & Business, Aspect psychologique, Economic Conditions, Latin America, Economics - Theory, Répartition, BUSINESS & ECONOMICS, Development, Income distribution, Business / Economics / Finance, Economic Policy, Repartition, Bonheur (morale), General, Business Development, Business & Economics, Economie politique, BUSINESS & ECONOMICS / Development / Economic Development, Psychological aspects of Economic development, Bonheur, Economic development, Psychological aspects, Economic Development, Development - Economic Development, United states, economic conditions, 1981-2001, Structural Adjustment, Pension trusts, Developpement economique, POLITICAL SCIENCE, Happiness, Public Policy, Free Enterprise, Economics, Revenu, Développement économique, Sociology, Social Studies, Psychological aspects of Income distribution

Description: "In Happiness and Hardship, Carol Graham and Stefano Pettinato argue that the political sustainability of market-oriented growth is determined as much by relative income levels and trends as by absolute ones, as much by opportunity and mobility over time as by current distribution patterns. They believe that subjective assessments of, and expectations for, economic progress importantly affect individual responses to economic incentives and attitudes to market policies.". "This book provides a new conceptual framework for analyzing the relationship between subjective well-being, or happiness, and the political sustainability of market-oriented growth in countries where markets are newly emerging."--BOOK JACKET.