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The research aims to explain the relationship between governance and welfare, analysing 20 countries, some of the richest and most developed countries in Europe, and some developing countries. The period analysed is 2002–2016. While the World Database of Happiness is the source for welfare data, for governance we used the Worldwide Governance Indicators from the World Bank. The latter ones are widely used as some of the best comparable international governance indicators, having perception-based measures from th...