The "quality of life" concept of quality of life is a broad one.
It incorporates basic needs but also extends beyond them to include
capabilities, the "livability" of the environment, and life
appreciation and happiness. Latin America's diversity in culture
and levels of development provide a laboratory for studying how
quality of life varies with a number of objective and subjective
measures. These measures range from income levels to job insecurity
and satisfaction, to schooling attainment and satisfaction, to
measured and self-assessed health, among others.
"Paradox and Perception" greatly improves our understanding of
the determinants of well-being in Latin America based on a broad
"quality of life" concept that challenges some standard assumptions
in economics, including those about the relationship between
happiness and income.
The authors' analysis builds upon a number of new approaches in
economics, particularly those related to the study of happiness and
finds a number of paradoxes as the region's respondents evaluate
their well-being. These include the paradox of unhappy growth at
the macroeconomic level, happy peasants and frustrated achievers at
the microlevel, and surprisingly high levels of satisfaction with
public services among the region's poorest. They also have
important substantive links with several of the region's realities,
such as high levels of income inequality, volatile macroeconomic
performance, and low expectations of public institutions and faith
in the capacity of the state to deliver. Identifying these
perceptions, paradoxes, and their causes will contribute to the
crafting of better public policies, as well as to our understanding
of why "populist" politics still pervade in much of the region.
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