How’s Life in Latin America?
Measuring Well-being for Policy Making
Many Latin American countries have experienced improvements in income over recent
decades, with several of them now classified as high-income or upper middle-income
in terms of conventional metrics. But has this change been mirrored in improvements
across the different areas of people’s lives? How’s Life in Latin America? Measuring
Well-being for Policy Making addresses this question by presenting comparative evidence
for Latin America and the Caribbean (LAC) with a focus on 11 LAC countries (Argentina,
Brazil, Chile, Colombia, Costa Rica, the Dominican Republic, Ecuador, Mexico, Paraguay,
Peru and Uruguay). Spanning material conditions, quality of life, resources for future
well-being, and inequalities, the report presents available evidence on well-being
both before and since the onset of the pandemic, based on the OECD Well-being Framework.
It also identifies priorities for addressing well-being gaps and describes how well-being
frameworks are used in policy within Latin America and elsewhere around the world,
providing lessons for governments on what is needed to put people’s well-being at
the centre of their action. The report is part of the EU Regional Facility for Development
in Transition for Latin America and the Caribbean.
Published on October 28, 2021