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Latin Americans rank as happiest people on planet

Mexico City, Dec 21: The world's happiest people aren't in Qatar, the richest country by most measures.  They aren't in Japan, the nation with the highest life expectancy.  Canada, with its chart-topping percentage of college

India TV News Desk Published : Dec 20, 2012 16:46 IST, Updated : Dec 21, 2012 6:15 IST


Prosperous nations can be deeply unhappy ones. And poverty-stricken ones are often awash in positivity, or at least a close approximation of it.



It's a paradox with serious implications for a relatively new and controversial field called happiness economics that seeks to improve government performance by adding people's perceptions of their satisfaction to traditional metrics such as life expectancy, per capita income and graduation rates.

The Himalayan kingdom of Bhutan famously measures policies by their impact on a concept called Gross National Happiness.

British Prime Minister David Cameron announced a national well-being program in 2010 as part of a pledge to improve Britons' lives in the wake of the global recession.  

A household survey sent to 200,000 Britons asks questions like "How satisfied are you with your life nowadays?"

The Organization for Economic Co-operation and Development, which unites 34 of the world's most advanced countries, recently created a Better Life Index allowing the public to compare countries based on quality of life in addition to material well-being.

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