Since the late 1980s, almost all Latin American countries have undergone a series of far-reaching economic reforms, particularly in the areas of financial and capital account liberalization and trade. This book provides a comparative and analytical framework for assessing the impact of these...

Improves our understanding of the determinants of well-being in Latin America using a broad "quality-of-life" concept that challenges standard assumptions in economics, including those about the relationship between happiness and income. Builds upon new economic approaches related to the study...