posted on 2024-11-16, 10:32authored byMichael Thorpe, Payyazhi Jayashree, Peter J Hosie
An area of considerable debate amongst social scientists and the wider public is the nature of the relationship between an individual’s level of material wealth and that person’s perceived “happiness” or well being. In discussion and research on this topic, the term subjective well-being (SWB) has become widely used and encompasses a number of measures or meanings. This paper provides a comprehensive review of the theoretical and empirical literature in this area. Several key drivers of SWB are identified and discussed in the context of the Middle East and North African (MENA) region using data from survey data collected by the World Values Survey (WVS) from 1981–2007. A comparison is made of approaches to measuring “development” or “human progress” employing aggregate objective measures as opposed to individual survey responses.
History
Citation
Thorpe, M., Jayashree, P. & Hosie, P. 2010, 'Subjective wellbeing and the MENA region', Business & Economics Society International (B&ESI) Conference, Business and Economics Society International.
Parent title
Business & Economics Society International Conference