"The Global Flourishing Study reveals that high-income countries have higher life evaluation and financial security, yet middle-income countries often excel in meaning, pro-social character, and relationships. This disparity raises critical questions about how to pursue economic development without compromising these essential aspects of well-being."
"Eudaimonia, or flourishing, is traditionally understood as action in accord with virtue. Good character is essential for promoting the flourishing of oneself and others, although measuring such qualities presents significant challenges."
"In well-being assessments, a distinction is made between eudaimonic approaches, which emphasize fulfilling human potential, and hedonic approaches, which focus on happiness and life satisfaction. Carol Ryff's work highlights the importance of purpose, personal growth, and self-acceptance in understanding psychological well-being."
Economic development and well-being promotion should occur simultaneously. The Global Flourishing Study indicates that while high-income countries excel in life evaluation and financial security, middle-income countries often have stronger aspects of well-being like meaning and relationships. This raises questions about achieving economic growth without sacrificing these vital elements. Measuring well-being globally, particularly aspects like character and virtue, is essential. Distinctions exist between eudaimonic approaches, which focus on human potential, and hedonic approaches, which center on happiness and life satisfaction.
Read at Psychology Today
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