Конкуренция, сотрудничество и удовлетворенность жизнью Часть 1. Семерка европейских лидеров

Polterovich, Victor (2022): Конкуренция, сотрудничество и удовлетворенность жизнью Часть 1. Семерка европейских лидеров. Forthcoming in: Economic and social changes: facts, trends, forecast , Vol. 15, No. 2 : pp. 31-43.

Abstract

The first part of this paper demonstrates that a group of seven European countries is significantly ahead of other Western states, including the United States, in the development of economic and political institutions. The Seven are Denmark, Norway, Sweden, Finland, Iceland, Switzerland, and the Netherlands. They rank first in the life satisfaction index (happiness index) and are leaders in the integral index of quality of life, civic culture, and institutional effectiveness which is formed by aggregating ten most important indicators. These include healthy life expectancy at birth, the corruption perception index, the democracy index, the human development index, the Gini index and a number of others. When this index is used to cluster the set of developed countries, the Seven appears to be the leading cluster. This result suggests that the achievement of high values of the proposed index contributes to the country's advancement to the leading positions in life satisfaction. An analysis of the dynamics of institutional indicators showed that the U.S. lagging behind the Seven has been increasing over time. In recent years, the U.S. has been among the flawed democracies, the levels of generalized trust of U.S. citizens as well as trust in political institutions and in the government are decreasing, the U.S. advantages in terms of global competitiveness and per capita GDP are diminishing. The second part of the paper will consider what qualitative features of socio-economic and political mechanisms provide leadership, and how our findings can be used to develop catch-up strategies.

• Item Type: MPRA Paper
• English Title: Competition, Collaboration, and Life Satisfaction Part 1. The Seven of European Leaders
• Language: Russian
• Keywords: happiness index, Nordic exceptionalism, U.S. lagging behind, collaboration, clustering, nearest neighbor method
• Subjects: O - Economic Development, Innovation, Technological Change, and Growth > O1 - Economic Development > O10 - General; O - Economic Development, Innovation, Technological Change, and Growth > O5 - Economywide Country Studies > O52 - Europe; P - Economic Systems > P1 - Capitalist Systems > P10 - General; P - Economic Systems > P4 - Other Economic Systems > P41 - Planning, Coordination, and Reform; P - Economic Systems > P5 - Comparative Economic Systems > P51 - Comparative Analysis of Economic Systems

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