Well-Being in Developing Countries: Case of Albania

Abstract

This thesis emphasizes Well-being of developing countries, more precisely focusing on perception of Albanian population for Well-being, considering different group ages of the society. Conceptual framework will be examined by summering literature and theoretical explanation for Well-being perceptions and understandings. Detailed analysis of Well-being concepts and perceptions will be done for developing countries, considering Albania as sample. In recent year, there have been many concerns about the adequacy of macro-economic indicators that are measuring the growth, development and prosperity of the countries. Also a broad concern is the fact that the measurements are not including social factor aspect of population while deciding on enhancement level of countries. Well-being could measure the quality of life, satisfaction level, living conditions and wealth of population in a country, by inter relating these factors with macro indicators to come up with a measure for development level of countries. This thesis will define well-being components and the effect that it would have on measuring the overall prosperity of the societies, by evaluating the results of the survey done on Albanian society, with a sample of people.