A survey of developed and developing countries suggests citizens’ sense of wellbeing does not rise with increasing wealth.
“Getting richer does not make a country happier in the long run, according to the largest-ever review of the links between a nation’s wealth and the wellbeing of its citizens.
The researchers looked at life satisfaction data from 37 countries collected over various time periods, from 12 to 34 years, up to 2005. The sample included nations that are developed and developing, rich and poor, ex-Communist and capitalist.”