From Progress to Happiness: Measurements for Latin America

Levy-Carciente Sary (), Phélan Luis Mauricio () and Perdomo Jhoner ()
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Levy-Carciente Sary: Universidad Central de Venezuela, Faculty of Economic and Social Sciences, Ciudad Universitaria de Caracas, Caracas, Venezuela/ Boston University, Physics Department, Center of Polymer Studies, 590 Commonwealth Avenue, Boston, MA 02215, United States
Phélan Luis Mauricio: Universidad Central de Venezuela, Faculty of Economic and Social Sciences, Ciudad Universitaria de Caracas, Caracas, Venezuela
Perdomo Jhoner: Universidad Central de Venezuela, Faculty of Economic and Social Sciences, Ciudad Universitaria de Caracas, Caracas, Venezuela

Social Change Review, 2014, vol. 12, issue 1, 73-112

Abstract: This paper is based on a transformed concept of development: from a concept of development that is single-dimensional, concrete, and mainly quantitative, into one that is multidimensional. We focus on the components of development, the measurement of which includes qualitative observations of its effect on final beneficiaries. Because a useful understanding of development policies requires an evaluation of all the different metrics that emerge, we evaluate the development indices of 19 Latin American countries. The most recent theoretical perspectives link development to both liberal philosophy - focusing on the many dimensions of human society and the fundamental rights of the individual - and utilitarianism - emphasizing an evaluation of the success of various development policies and the usefulness of their outcomes.

Keywords: Development; Latin America; Metrics; Quality of life; Social indicators (search for similar items in EconPapers)
Date: 2014
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Persistent link: https://EconPapers.repec.org/RePEc:vrs:socchr:v:12:y:2014:i:1:p:40:n:4

DOI: 10.2478/scr-2014-0004

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