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Income and Well-Being in Latin America

  • Mariano RojasEmail author
Chapter
Part of the Human Well-Being Research and Policy Making book series (HWBRPM)

Abstract

In general terms the Latin American region is a middle-income one. On average, it is not a region where starvation and economic calamities prevail, but in some countries large segments of the population may be in difficult economic situation. The income situation usually attracts the attention of policy makers because a close and strong relations between income and well-being is assumed; however, this chapter shows that the relationship between income and well-being is neither simple nor straightforward; it also shows that economic growth is not necessarily associated to greater well-being.

Keywords

Latin America Income Well-being Gross Domestic Product Economic growth Beyond GDP 

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Copyright information

© Springer Nature Switzerland AG 2020

Authors and Affiliations

  1. 1.Universidad Internacional de La Rioja (UNIR)LogroñoSpain
  2. 2.Universidad Popular Autónoma del Estado de Puebla (UPAEP)PueblaMexico

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