The growing inequality of market income has attracted considerable attention; less so the redistribution of income …. This article analyses key trends and drivers of income redistribution in the EU and the world. It shows that in the EU … increasing redistribution has largely stabilised the dispersion of disposable income since the late 1990s. Only some advanced …

of focusing on growth or employment, as hitherto, the new development strategy now focuses on elimination of mass poverty …

happiness. The evidence reveals that the negative effect of an economic recession on happiness can be at least twice the … positive effect of economic growth. In short, a single year of recession can undo the happiness gains from years of economic … nil relationship between macroeconomic performance and happiness. The evidence indicates that stable rather than rapid …