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Does Effective Social Policy Guarantee Happiness?Yuriy TimofeyevFrankfurt School of Finance & Management Galina Timofeyevaaffiliation not provided to SSRN April 1, 2012 Proceedings of the World Academy of Science 'Engineering and Technology Conference on International Scientific Research and Experimental Development'. Madrid, Spain, March 28-29, 2012 Abstract: In the paper it is questioned whether effective state social policy provides happiness and social progress. For this purpose selected correlations between Human Development Index (HDI), share of public social expenditures in GDP, the Happy Planet Index (HPI), GDP per capita, and Government Effectiveness are examined and the results are graphically presented. It is shown how a government can affect well-being and happiness in different countries of modern world. Also, it is tested the hypothesis about existence of a certain optimum of well-being and public social expenditures, which affect direction of social progress. It is concluded that efficient social policy and wealth are not the only factors determining human happiness.
Number of Pages in PDF File: 8 Keywords: government effectiveness, happiness, social progress, state social policy JEL Classification: H53, H59, H89 Accepted Paper SeriesDate posted: April 2, 2012 ; Last revised: May 20, 2012Suggested Citation |
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