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Welfare Dynamics in BRICS Countries
The purpose of this paper is to consider certain role beaving upon the happiness economy in the welfare level of countries. This work also conduct the analysis of the impact of sustainable microeconomic regularities between personal characteristics of respondents, macroeconomic indicators and socio-economic inequality on the level of life satisfaction in the BRICS countries. The distinctive features of the welfare level dynamics in each BRICS country, due to the cultural-historical and socio-economic conditions of these states, are revealed.