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3038 Hennepin Ave Minneapolis, MN
612-822-4611
Measuring Wellbeing: A History of Italian Living Standards

Measuring Wellbeing: A History of Italian Living Standards

Hardcover

Business GeneralEconomicsItalian History

ISBN10: 0199944598
ISBN13: 9780199944590
Publisher: Oxford University Press
Published: Feb 17 2017
Pages: 672
Weight: 2.80
Height: 1.50 Width: 6.30 Depth: 9.40
Language: English
In 150 years Italy transformed itself from a poor and backward country into one where living standards are among the highest in the world. In Measuring Wellbeing, Giovanni Vecchi provides an innovative analysis of this change by drawing on family accounts that provide engaging insights into life and are the micro data that create the foundations for the macro picture of variations and fluctuations in the development of Italy.

Vecchi provides a nuanced account of the changes. He emphasizes that the concept of wellbeing is multidimensional and must include non-monetary aspects of life: nutrition, health and education, as well as less tangible elements such as freedom or the possibility to exercise one's political rights. The book deals with this polyhedral nature of wellbeing.

Among the insights are that Italians succeeded in combining growth with equity, but that the gap between the North and South did not narrow; the while longevity has increased, education has not improved as much as it could have; and that for close to three decades, Italy's virtuous path has come to a halt: the wellbeing of the Italian people is at the crossroads between progress and decline. Measuring Wellbeing engagingly combines a unique dataset and an innovative statistical method that can be adapted to other countries.

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