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Why does East Asia's "happiness index" rank last? It still can't earn its European and American counterparts, netizens: The competition is too serious

author:Baihua Finance v

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When we look at the mystery of East Asia's happiness rankings, it is worth first throwing out a seemingly unrelated phenomenon: in contemporary East Asian societies, despite rapid technological development and large economies, its residents still have the highest number of working hours in the world.

Why does East Asia's "happiness index" rank last? It still can't earn its European and American counterparts, netizens: The competition is too serious

This seems to have some hidden connection with the lack of happiness.

East Asia, including China, Japan, South Korea and other countries, has long been an important driver of the global economy.

But despite rapid economic growth and steady growth in per capita income, these regions have not been ranked in the international happiness index.

Why does East Asia's "happiness index" rank last? It still can't earn its European and American counterparts, netizens: The competition is too serious

The reasons behind this may not be explained purely by economics.

Let's start by looking at the concept of work-life balance. Work culture in East Asia, particularly in China, Japan and South Korea, is known for its high-pressure, long-hours work.

From an economic point of view, long working hours do increase productivity and economic growth, but often at the expense of individual rest time and mental health.

Why does East Asia's "happiness index" rank last? It still can't earn its European and American counterparts, netizens: The competition is too serious

This work-life imbalance may be one of the root causes of the low happiness index in East Asia.

In addition, the culture of competition plays an important role in this. East Asian societies generally emphasize achievement and success, which is often measured by professional achievement and economic status.

Why does East Asia's "happiness index" rank last? It still can't earn its European and American counterparts, netizens: The competition is too serious

In such a social environment, personal values and well-being are easily swayed by material successes, resulting in a relative lack of well-being.

In contrast, countries in Europe and the United States seem to be doing a better job of balancing work and life.

Why does East Asia's "happiness index" rank last? It still can't earn its European and American counterparts, netizens: The competition is too serious

In these countries, the work culture is more focused on the health and well-being of the individual, and there is a general perception that a high quality of life depends not only on material conditions, but also on adequate leisure time and space for personal development.

As a result, even though they are less than some East Asian countries in terms of economic aggregate or per capita income, their residents are happier than those living in these countries.

However, this does not mean that the economic model in East Asia is completely unworkable.

Why does East Asia's "happiness index" rank last? It still can't earn its European and American counterparts, netizens: The competition is too serious

In fact, the achievements of these countries in economic development, scientific and technological innovation, etc. are remarkable.

The key is how to improve the quality of life and well-being of residents while maintaining economic growth. This may require in-depth adjustments and reforms at both the level of social structure and cultural values.

Why does East Asia's "happiness index" rank last? It still can't earn its European and American counterparts, netizens: The competition is too serious

epilogue

At this point, we can't help but wonder how East Asian countries can effectively improve the happiness and quality of life of their residents while pursuing economic growth and improving productivity.

The answer to this question may require us to look for clues from multiple branches of economics, such as behavioral economics, development economics, and socioeconomics.

By in-depth analysis of the theories and practices in these areas, we may be able to find effective ways to improve the well-being of East Asian residents.

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