Determinants of well-being

TL;DR

This paper reviews how political systems influence well-being and argues for integrating subjective indicators into policy for a more comprehensive understanding of well-being.

Contribution

It provides a systematic review highlighting the importance of subjective well-being indicators and their role in governance and policy-making.

Findings

Political systems significantly impact well-being

Subjective indicators should be included in policy decisions

A holistic approach to well-being measurement is recommended

Abstract

Traditionally, European social policies have focused on material well-being and social justice, neglecting subjective indicators. This review systematically examines the scientific understanding of well-being, its indicators, and its relationship with governance. It suggests that political systems and institutions significantly impact well-being, and that subjective indicators should be incorporated into public policy decisions. The findings advocate for a more holistic approach to well-being measurement, encompassing both objective and subjective dimensions.