Education and subjective well-being. Observations from Madagascar

Abstract

Abstract This paper examines the association between education and subjective well-being (SWB). To this end, the data collected during the My Baobab Foundation's (FMB) operations in Madagascar in 2007–2020 are analyzed a posteriori. The paper offers some insight into what is required for a low-income country to follow the pathway to education, and examines how educational efforts can translate into an improvement in SWB.