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Journal articles on the topic 'Economic wellbeing'

Author: Grafiati

Published: 4 June 2021

Last updated: 25 January 2023

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1

Aassve, Arnstein, Gianni Betti, Stefano Mazzuco, and Letizia Mencarini. "Marital disruption and economic wellbeing." Significance 5, no. 3 (August 28, 2008): 108–11. http://dx.doi.org/10.1111/j.1740-9713.2008.00304.x.

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2

Hungerman, Daniel. "Religious Institutions and Economic Wellbeing." Future of Children 30, no. 2020 (2020): 9–28. http://dx.doi.org/10.1353/foc.2020.0003.

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3

Carmel, Stephen M. "Globalisation, security, and economic wellbeing." Australian Journal of Maritime & Ocean Affairs 3, no. 4 (January 2011): 109–17. http://dx.doi.org/10.1080/18366503.2011.10815687.

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4

Faiz ur Rahim, Posha Gul, and Madiha Asma. "Impact of Public Education Expenditures on Economic Wellbeing in Developing Economies." International Journal of Innovation in Teaching and Learning (IJITL) 6, no. 1 (July 1, 2020): 122–39. http://dx.doi.org/10.35993/ijitl.v6i1.874.

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Education can affect economic growth and wellbeing through different channels like by increasing the efficiency of the workforce, reducing inequality, and increasing the knowledge and the innovative capacity of an economy. The key objective of the present research is to explore the impact of public education expenditures on economic wellbeing in developing economies. The present study explored the impact of public education expenditures on economic wellbeing by using panel dataset of 21 developing economies over the period of 1980-2014. Household Final Consumption Expenditure Per Capita was used as a proxy to measure economic wellbeing. The panel estimation technique of Generalized Method of Moments (GMM) was used for the analysis. Research findings revealed that there was a positive and significant relationship between education expenditure and economic wellbeing. Economic wellbeing of the society was directly linked with more priority to educational expenditures in public budget. Hence, developing economies should enhance their public spending on education. Keywords: Economics of Education, Public Education Expenditure, Economic Wellbeing, Household Final Consumption Expenditure per Capita, Developing Economies

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5

Peksen, Dursun. "Pro-market economic policies and women’s economic wellbeing." Journal of International Relations and Development 22, no. 1 (May 8, 2017): 159–83. http://dx.doi.org/10.1057/s41268-017-0095-z.

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6

Voznyak, Halyna, Olha Mulska, Mariana Bil, and Yuriy Radelytskyy. "Financial wellbeing of households in instability." Investment Management and Financial Innovations 19, no. 1 (February 10, 2022): 135–44. http://dx.doi.org/10.21511/imfi.19(1).2022.10.

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In instability and economic turbulence, the wellbeing of households as market economy entities constitutes the financial-investment capacity of a region, the level of which is determined by the conditions of the competitive socio-economic environment. The paper aims to estimate the financial wellbeing of households on the example of the oblasts of the Carpathian region of Ukraine in instability. The study is based on a system-integral estimation method, which includes the implementation of three stages: (1) development of a system of indicators, (2) determination and substantiation of weight significance, and (3) construction of time series of empirical parameters of households’ wellbeing based on temporal and spatial approaches. The analysis reveals that the financial wellbeing of households differentiates in a competitive economic environment and with the spread of behavioral factors (COVID-19, consumer reflections). Among the oblasts of the Carpathian region of Ukraine, the highest values of empirical parameters of financial wellbeing were in Zakarpatska (0.537) and Chernivetska (0.459) oblasts (2019). Meanwhile, the level of the financial wellbeing of households is higher in Lvivska oblast by several indicators. The divergence of the Carpathian region from Ukraine by the level of the financial wellbeing of households was mostly observed in 2018–2019. Zakarpatska oblast was the leader by the level of the financial wellbeing of households in 2010–2019. The study is of the practical nature for framing the regional economic policy in terms of detecting the critical “pressure” of financial wellbeing on the economic growth of the region and economic ability to increase investment capacity. AcknowledgmentsThe study has been conducted within the framework of the Applied Research “Financial determinants of the provision of economic growth in the regions and territorial communities based on behavioural economy” with the support of the National Research Foundation of Ukraine (M. Dolishniy Institute of Regional Research of the National Academy of Sciences of Ukraine, the grant Reg. No. 2020.02/0215, 2020–2022).

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Bakar, Aisyah Abu, Mariana Mohamed Osman, Syahriah Bachok, Mansor Ibrahim, and Mohd Zin Mohamed. "Modelling Economic Wellbeing and Social Wellbeing for Sustainability: A Theoretical Concept." Procedia Environmental Sciences 28 (2015): 286–96. http://dx.doi.org/10.1016/j.proenv.2015.07.037.

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8

Rus, Adina Viorica. "IQ level, education and economic wellbeing." Virgil Madgearu Review of Economic Studies and Research 11, no. 2 (November 15, 2018): 109–18. http://dx.doi.org/10.24193/rvm.2018.11.29.

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9

Hellerstein, Judith K., and David Neumark. "Social Capital, Networks, and Economic Wellbeing." Future of Children 30, no. 2020 (2020): 127–52. http://dx.doi.org/10.1353/foc.2020.0002.

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10

Coscieme, Luca, Paul Sutton, Lars F. Mortensen, Ida Kubiszewski, Robert Costanza, Katherine Trebeck, Federico M. Pulselli, Biagio F. Giannetti, and Lorenzo Fioramonti. "Overcoming the Myths of Mainstream Economics to Enable a New Wellbeing Economy." Sustainability 11, no. 16 (August 13, 2019): 4374. http://dx.doi.org/10.3390/su11164374.

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Increasingly, empirical evidence refutes many of the theoretical pillars of mainstream economics. These theories have persisted despite the fact that they support unsustainable and undesirable environmental, social, and economic outcomes. Continuing to embrace them puts at risk the possibility of achieving the Sustainable Development Goals and overcoming other global challenges. We discuss a selection of paradoxes and delusions surrounding mainstream economic theories related to: (1) efficiency and resource use, (2) wealth and wellbeing, (3) economic growth, and (4) the distribution of wealth within and between rich and poor nations. We describe a wellbeing economy as an alternative for guiding policy development. In 2018, a network of Wellbeing Economy Governments (WEGo), (supported by, but distinct from, the larger Wellbeing Economy Alliance—WEAll) promoting new forms of governance that diverge from the ones on which the G7 and G20 are based, has been launched and is now a living project. Members of WEGo aim at advancing the three key principles of a wellbeing economy: Live within planetary ecological boundaries, ensure equitable distribution of wealth and opportunity, and efficiently allocate resources (including environmental and social public goods), bringing wellbeing to the heart of policymaking, and in particular economic policymaking. This network has potential to fundamentally re-shape current global leadership still anchored to old economic paradigms that give primacy to economic growth over environmental and social wealth and wellbeing.

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Briguglio, Marie, Gilmour Camilleri, and Melchior Vella. "Artists, audiences & wellbeing: An economic analysis." International Journal of Wellbeing 10, no. 4 (September 30, 2020): 20–34. http://dx.doi.org/10.5502/ijw.v10i4.1205.

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12

Assari MD MPH, Shervin. "Understanding America: Unequal Economic Returns of Years of Schooling in Whites and Blacks Race, Years of Schooling, and Economic Wellbeing." World Journal of Educational Research 7, no. 2 (May 25, 2020): p78. http://dx.doi.org/10.22158/wjer.v7n2p78.

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Background: Higher schooling is associated with higher economic wellbeing. Marginalization-related Diminished Returns (MDRs) framework, however, refers to smaller returns of schooling for non-Hispanic Blacks (NHBs) compared to non-Hispanic Whites (NHWs). Aim: Using a national sample of American adults, the current study compared NHBs and NHWs for the effects of each incremental increase in the years of schooling (gradient of educational level) among American adults. Methods: Data came from the Understanding America Study (UAS), a national online survey with a nationally representative sample. A total of 5715 adults (18+ years old) were included. From this number, 4,826 (84.4%) were NHWs, and 889 (15.6%) were NHBs. Years of schooling was the independent variable. Economic wellbeing was the main outcome. Age and gender were the covariates. Race was the moderator. Results: Overall, each additional year of schooling was associated with higher economic wellbeing, net of age, and gender. A statistically significant interaction was found between race and years of schooling on the outcome, indicating a smaller boosting effect of any incremental increase in the years of education on the economic wellbeing of NHBs compared to NHWs. Conclusion: In line with MDRs, highly educated Black people experience low economic wellbeing. The MDRs of education on economic wellbeing may be why highly educated, and middle-class Black Americans still report poor health. Policy solutions should address multi-level causes of MDR-related health disparities.

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13

Shapee, Nur Amira Syafiqah, Ahmad Ariffian Bujang, Mohd Nadzri Jaafar, Wilson Rangga Anthony Jiram, and Hasmah Abu Zarin. "Household’s Economic Wellbeing in Homeownership Affordability: A Review." Advanced Science Letters 24, no. 6 (June 1, 2018): 4290–94. http://dx.doi.org/10.1166/asl.2018.11591.

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14

Balakireva, O. M. "Socio-economic wellbeing of the population: summer 2009." Ukrainian Society 30, no. 3 (October 9, 2009): 153–69. http://dx.doi.org/10.15407/socium2009.03.153.

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In the article the results of public opinion monitoring, concerning the socioeconomic wellbeing of the Ukraine population by the results of two national polls, that were held on the 27th of June – 7th of July and the 15-16th of August 2009, are given.

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Balakireva, Olga, and Yuliia Sereda. "Socio-economic wellbeing of Ukraine’s population: March 2012." Ukrainian society 2012, no. 2 (2012): 172–92. http://dx.doi.org/10.15407/socium2012.02.172.

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The article presents the results of monitoring research of public opinion of Ukraine’s population about socio-economic evaluations of the situation in Ukraine, presents the dynamics of self-assessments of financial position, indexes of the segment of shadow component of wages, index of current personal social and financial position in 2006–2012.

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16

Chen, Y. "LIVING ARRANGEMENTS, INTERGENERATIONAL TRANSFERS, AND GRANDPARENTS’ ECONOMIC WELLBEING." Innovation in Aging 2, suppl_1 (November 1, 2018): 469. http://dx.doi.org/10.1093/geroni/igy023.1753.

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17

Kuy, Kakada, and Sojung Park. "INFLUENCE OF ECONOMIC WELL-BEING ON HEALTH, AND MODERATING EFFECT OF SOCIAL ENGAGEMENT AMONG OLDER CAMBODIANS." Innovation in Aging 3, Supplement_1 (November 2019): S5. http://dx.doi.org/10.1093/geroni/igz038.014.

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Abstract Similar to other post-conflict nations in Southeast Asia, impacts of civil wars and violence, coupled with the present poverty, place older Cambodians in vulnerable health conditions. Older Cambodians have limited access to basic healthcare and decent living conditions. To date, little research has been conducted to understand their health and related determinants. This study aimed to examine the influence of economic wellbeing and the moderating effect of social engagement on the physical health of older Cambodians. Data came from Survey of Elderly Cambodia (2004), the only existing nationally representative dataset of older Cambodians age 60 and above (N=1,273). Economic wellbeing was measured in two dimensions: (1) subjective economic wellbeing with three indicators of self-rated economic satisfaction and (2) objective economic wellbeing with household item possession and current housing conditions. Social engagement was examined with four types of engagement in the community. For physical health, the number of health complaints was examined. Results of Poisson regression showed objective economic wellbeing, such as access to basic household items and decent housing conditions, was significantly related to physical health (p < .001). However, we found no role of social engagement in the association between the subjective economic wellbeing and health. Furthermore, social engagement has a significant moderating effect on the association between objective economic wellbeing and physical health (p < .001), controlling for all covariates. For anti-poverty and health policy development for older Cambodians, a promising intervention effort may focus on the ways to facilitate social engagement in later years.

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18

Petrie, Murray. "Integrating Economic and Environmental Policy." Policy Quarterly 18, no. 2 (May 20, 2022): 10–17. http://dx.doi.org/10.26686/pq.v18i2.7569.

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Integrating environmental policies into economic policy making is vital for environmental sustainability. This article explores three keyintegration mechanisms: enhanced national state of the environment reporting, expanded environmental target setting, and mainstreaming the environment in fiscal policy and the annual budget cycle. The article discusses environmental reporting, resource management and wellbeing budgeting in New Zealand, including recent reviews and proposed reforms. It outlines the rapidly developing international practices in green budgeting. Entry points are identified for operationalising the current wellbeing budgeting framework by progressively exposing environmentally harmful fiscal policies, highlighting win–win tax and expenditure policies that are good for both the environment and the economy, and exposing trade-offs for more transparent deliberation.

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19

Makuya, Victoria, and Hadija Salum. "Contribution of retirement benefits on economic wellbeing of pensioners in Dodoma City." African Social Science and Humanities Journal 2, no. 2 (May 20, 2021): 85–103. http://dx.doi.org/10.57040/asshj.v2i2.42.

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This study assesses the contribution of retirement benefits to the economic wellbeing of pensioners in Tanzania. Data were collected from 136 pensioners and 12 interviewees and analysed empirically using descriptive and regression models. The research findings revealed that the economic wellbeing of pensioners is not good after retirement. Furthermore, the study found that monthly pension and pre-retirement training are key contributing factors to pensioners' economic well-being. Moreover, other sources of income available to pensioners, education, and salary level have a significant contribution to economic wellbeing regardless of the retirement benefits one receives. Thus, the study recommends that institutions, stakeholders, and pensioners should work on a pension formula in order to increase the monthly pension amount to improve economic wellbeing of the pensioners. Future studies on social interactions are also recommended.

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20

Pennock, Michael. "Wellbeing, economic development and economic growth: a literature synthesis and proposed theory." International Journal of Happiness and Development 3, no. 1 (2016): 44. http://dx.doi.org/10.1504/ijhd.2016.076196.

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21

Baqutayan, Shadiya Mohamed Salleh, Sharizal Abdul Shatar, Husni Alhan Md Salimun, and Norihan Abu Hassan. "Towards the Sustainable Development by 2020: Malaysia Perspective on Economic Growth and Wellbeing." American Journal of Trade and Policy 4, no. 1 (April 30, 2017): 33–38. http://dx.doi.org/10.18034/ajtp.v4i1.414.

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This paper has prioritizes on the impact of national growth on wellbeing. This is a review paper that contributes to define the 14 components of Malaysia Wellbeing Index (MWI, 2012) and its relation to country’s economic growth (the Gross Domestic Products (GSP)). The aim is to introduce and analyze the 10th Malaysia Plan (10MP), the 11th Malaysia plan Strategic Thrusts, achievement from macroeconomic indicators, average monthly incomes, Malaysia Wellbeing Index, and the sustainability by 2020. The findings are of a great value to both theory and practice and have important implications for the country growth. Furthermore, the paper argues that although MWI projected to increase about 1.7% per year with estimated growth of 5-6% every year from 2016-2020, some challenges are expected to undermine the target set by Economic Planning Unit (EPU) if not given a proper attention. Furthermore, the study shared few wellbeing indicators that used internationally, which only concerned about material aspects and outcomes without looking into the spiritual part of wellbeing. This paper concludes with possibilities for future study to consider the importance of spiritual aspect in the wellbeing index.

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Hrynchyshyn, Iryna M. "EVOLUTION OF WELLBEING THEORIES IN THE POSTULATES OF ECONOMIC SCHOOLS AND CONCEPTS." Scientific Bulletin of Mukachevo State University. Series “Economics” 1(13) (2020): 17–22. http://dx.doi.org/10.31339/2313-8114-2020-1(13)-17-22.

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The article presents the evolution of wellbeing theories in the postulates of economic schools and concepts. It has been established that the first period of development of economic wellbeing theories was marked by polarized tendencies of market or state domination, which led to the consideration of social wellbeing by economists-theorists in the macroeconomic aspect. It has also been found out that forming the foundation of future scientific research their representatives laid the foundations for methodological understanding and development of many economic theories. The second direction of development of wellbeing theories is based on the imperatives of economic growth (location theories, neoclassical theories, theories of cumulative growth, institutional theories and new theories of regional development). It has been found that the rethinking of approaches to local and regional development at the present stage is associated with the actualization of the theory of endogenous development and the concept of local economic development (place-based theory). It has been found out that along with theories of well-being based on the economic concept, theories that determine the social status of people from the standpoint of their high standard of living and human development are widespread in international research. The third direction of wellbeing theories, related to the search for measures of human development that go beyond GDP, is now formed from an alternative flow of scientific thought in the established scientific direction. The end of the last century was marked by a significant interest in social indicators, outlined in various doctrinal forms: social progress, human development, quality of life, wellbeing in a new sense, as well as increasing attention to the individual and their original organizational groups (family, households, communities), and the definition of their weight in the relationship «state-market». Common expression of these concepts is a person whose view transformed from a purely materialist understanding of their wellbeing to a broader point of view – a person who professes values and is in collective interaction. The present study of the evolution of wellbeing theory indicates the need for the formation and implementation of public policy in the direction of intensifying local development and provision of high quality public services based on the principle of subsidiarity. Keywords: wellbeing, state, market, territorial community, economic growth, local economic development, human development, quality of life, subjective well-being

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23

Mellor, Mary. "The Unsustainability of Economic Man." Ökologisches Wirtschaften - Fachzeitschrift 28, no. 4 (November 28, 2013): 30. http://dx.doi.org/10.14512/oew.v30i4.1312.

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Modern economics is not sufficiently accounting for the work women do or the damage done to the environment. To account for this, economics should focus on social and ecological wellbeing. But what would a sustainable, sufficiency economy look like?

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Sharmin, Mowshumi, Sima Rani Dey, and Md Tariqul Islam. "Measuring economic, social and environmental wellbeing of Asian economies." Environmental Science and Pollution Research 29, no. 13 (October 25, 2021): 18591–604. http://dx.doi.org/10.1007/s11356-021-16999-1.

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25

Duchrow, Ulrich. "Political and Economic Wellbeing and Justice: a Global View." Studies in Christian Ethics 3, no. 1 (April 1990): 61–92. http://dx.doi.org/10.1177/095394689000300106.

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26

Grogan, Louise, and Katerina Koka. "Economic crises and wellbeing: Social norms and home production." Journal of Economic Behavior & Organization 92 (August 2013): 241–58. http://dx.doi.org/10.1016/j.jebo.2013.05.007.

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27

Lutsenko, Sergey. "Putting the economic indicators of society wellbeing on the agenda." Obshchestvo i ekonomika, no. 8 (2021): 62. http://dx.doi.org/10.31857/s020736760016140-3.

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The author considers three indicators which characterize the development of national economies: energy intensity of GDP, labor productivity and the index of human development (an indicator of quality of life of the population). Some other indicators are discussed characterizing a macroeconomic imbalance and estimating sustainable development of the economy and wellbeing of society. The indicator of human wellbeing is connected with desires (preferences) of people or satisfaction with life.

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Onyando, Lynette A. Ogada, Billy Wadongo, and George Otieno Obonyo. "Influence of Informal Hospitality Services on Women Entrepreneurs’ Socio-Economic Wellbeing in Kenya." European Journal of Hospitality and Tourism Research 10, no. 2 (February 15, 2022): 16–39. http://dx.doi.org/10.37745/ejhtr.2013vo10n2pp1639.

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Socio-economic wellbeing of women can be realized through the provision of informal hospitality, which is on the increase globally and in Kenya. The sector's growth is attributed to increasing life demands which requires intensification and divesofication of income generating opportunities hence the emergence of hospitality services. The extent to which informal hospitality services improve women's socio-economic wellbeing is not explicit. This study set to investigate how the provision of informal hospitality services contributes to the socio-economic wellbeing of women entrepreneurs in Kenya. Mixed methods approach using sequential exploratory design was used. A sample size of 265 was used for the quantitative survey, while eight women from 4 counties and eight members for 1 FGD from Nakuru County were used for qualitative. Framework and multiple regression analysis were used for qualitative and quantitative, respectively. This study provided information on how informal hospitality services have contributed to the socio-economic wellbeing of women.

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DÍAZ-VENEGAS, CARLOS, JOSEPH L. SÁENZ, and REBECA WONG. "Family size and old-age wellbeing: effects of the fertility transition in Mexico." Ageing and Society 37, no. 3 (October 29, 2015): 495–516. http://dx.doi.org/10.1017/s0144686x15001221.

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ABSTRACTThe present study aims to determine how family size affects psycho-social, economic and health wellbeing in old age differently across two cohorts with declining fertility. The data are from the 2012 Mexican Health and Ageing Study (MHAS) including respondents aged 50+ (N = 13,102). Poisson (standard and zero-inflated) and logistic regressions are used to model determinants of wellbeing in old age: psycho-social (depressive symptoms), economic (consumer durables and insurance) and health (chronic conditions). In the younger cohort, having fewer children is associated with fewer depressive symptoms and chronic conditions, and better economic wellbeing. For the older cohort, having fewer children is associated with lower economic wellbeing and higher odds of being uninsured. Lower fertility benefited the younger cohort (born after 1937), whereas the older cohort (born in 1937 or earlier) benefited from lower fertility only in chronic conditions. Further research is needed to continue exploring the old-age effects of the fertility transition.

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PRATSCHKE, JONATHAN, TRUTZ HAASE, and KIERAN McKEOWN. "Direct and indirect influences of socio-economic position on the wellbeing of older adults: a Structural Equation Model using data from the first wave of the Irish Longitudinal Study on Ageing." Ageing and Society 37, no. 9 (June 20, 2016): 1770–97. http://dx.doi.org/10.1017/s0144686x1600060x.

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ABSTRACTThe authors use Structural Equation Modelling techniques to analyse the determinants of wellbeing amongst older adults using data from the first wave of the Irish Longitudinal Study on Ageing (TILDA), a rich source of data on people aged over 50 and living in private households. The analysis uses a two-group linear statistical model to explore the influence of socio-economic position on the wellbeing of men and women, with Full Information Maximum Likelihood estimation to handle missing data. The fit indices for the final model are highly satisfactory and the measurement structure is invariant by gender and age. The results indicate that socio-economic position has a significant direct influence on wellbeing and a strong indirect influence which is mediated by health status and lifestyle. The total standardised effect of Socio-economic Position on Socio-emotional Wellbeing is statistically significant (p⩽ 0.05) and equal to 0.32 (men) and 0.43 (women), a very strong influence which risks being underestimated in standard multivariate models. The authors conclude that health, cognitive functioning and wellbeing reflect not just the ageing process, but also the impact of social inequalities across the lifecourse and how they are transmitted across different life spheres. These results can help to orient future research on factors which mediate between socio-economic position and wellbeing, an important policy-related issue.

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Soldić Frleta, Daniela. "Perceived wellbeing – mature vs. developing tourist destination." European Journal of Tourism Research 32 (August 5, 2022): 3219. http://dx.doi.org/10.54055/ejtr.v32i.2623.

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The development of sustainable tourism has the wellbeing of residents as its primary objective, so it is of great importance to consider their perceptions and attitudes towards tourism. This study analyses residents' perceived tourism-related benefits and costs in their community, personal economic benefits of tourism, and overall wellbeing in two types of destinations - mature and developing. In addition, the study identifies determinants of resident wellbeing. Understanding these determinants could be useful for destination managers to gain resident support and improve their wellbeing. The results show that there are significant differences between residents’ perceptions of different types of destinations on all observed concepts. The findings also suggest that perceived overall wellbeing is influenced by a number of factors: place of residence (mature/developing destination), level of support for tourism development, income, age, and perceived benefits and costs of tourism. However, perceived personal economic benefits of tourism were not associated with wellbeing.

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Douglas, Heather, Buriata Eti-Tofinga, and Gurmeet Singh. "Hybrid organisations contributing to wellbeing in Small Pacific Island Countries." Sustainability Accounting, Management and Policy Journal 9, no. 4 (September 3, 2018): 490–514. http://dx.doi.org/10.1108/sampj-08-2017-0081.

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Purpose This paper aims to examine the contributions of hybrid organisations to wellbeing in small Pacific island countries. Design/methodology/approach The concept and different forms of hybrid organisations are examined, and then the operation and contributions to wellbeing of three Fijian hybrid organisations are considered. Findings Hybrid organisations in this region operate with a commitment to the common good and an ethic of care. Fijian hybrid organisations improve social and economic wellbeing for individuals, families and communities by providing employment, schools and training facilities, financial and support services, sustainable agriculture projects and facilitating networking. These services improve individual and community social and economic wellbeing, build resilience, add to personal and family security, offer opportunities for the future, advance leadership skills and sustain the environment. Commercial activities that support these organisations in their wellbeing endeavours include product sales, service fees, project levies and investment income. Research limitations/implications Generalisability beyond the Pacific region is not assured, as this review only examines hybrid organisations in small Pacific island countries. Practical implications Hybrid organisations offer an alternative pathway to achieve a sustainable enterprise economy, an approach that is more culturally relevant for the Pacific region. Policies to nurture the development of these organisations, and research into the startup, operation, impact and effectiveness of different hybrid organisation models would help to improve wellbeing in this region. International charities and aid agencies could advance the wellbeing of people living in this region by supporting the development of hybrid organisations. External agencies seeking to support hybrid organisation development are advised to consider providing funding through a regional agency rather than engaging directly with national governments. Social implications Developing a robust hybrid organisation sector will improve social and economic wellbeing for people living in small island nations. Originality/value As one of the first studies to examine wellbeing and hybrid organisations, this review adds to hybrid business theory by its consideration of small Pacific island countries. The authors add to existing understandings of how hybrid organisations contribute to social and economic wellbeing for individuals, families and communities. The review identifies each form hybrid organisational form adopts. Each has a central commitment to generating social and economic value but different revenue sources. The review adds valuable new knowledge to the limited scholarship of this region by identifying the philosophical foundations and contributions to wellbeing of these hybrid organisations. A future research agenda and policy development process is proposed to improve wellbeing and advance hybrid organisations in the region.

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Meier, Petra, Robin Purshouse, Marion Bain, Clare Bambra, Richard Bentall, Mark Birkin, John Brazier, et al. "The SIPHER Consortium: Introducing the new UK hub for systems science in public health and health economic research." Wellcome Open Research 4 (November 12, 2019): 174. http://dx.doi.org/10.12688/wellcomeopenres.15534.1.

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The conditions in which we are born, grow, live, work and age are key drivers of health and inequalities in life chances. To maximise health and wellbeing across the whole population, we need well-coordinated action across government sectors, in areas including economic, education, welfare, labour market and housing policy. Current research struggles to offer effective decision support on the cross-sector strategic alignment of policies, and to generate evidence that gives budget holders the confidence to change the way major investment decisions are made. This open letter introduces a new research initiative in this space. The SIPHER (Systems Science in Public Health and Health Economics Research) Consortium brings together a multi-disciplinary group of scientists from across six universities, three government partners at local, regional and national level, and ten practice partner organisations. The Consortium’s vision is a shift from health policy to healthy public policy, where the wellbeing impacts of policies are a core consideration across government sectors. Researchers and policy makers will jointly tackle fundamental questions about: a) the complex causal relationships between upstream policies and wellbeing, economic and equality outcomes; b) the multi-sectoral appraisal of costs and benefits of alternative investment options; c) public values and preferences for different outcomes, and how necessary trade-offs can be negotiated; and d) creating the conditions for intelligence-led adaptive policy design that maximises progress against economic, social and health goals. Whilst our methods will be adaptable across policy topics and jurisdictions, we will initially focus on four policy areas: Inclusive Economic Growth, Adverse Childhood Experiences, Mental Wellbeing and Housing.

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Dasgupta, Partha. "Including nature in economic understanding." FST Journal 23, no. 01 (February 28, 2022): 17–19. http://dx.doi.org/10.53289/zrac7551.

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Summary - There is no intrinsic reason why ecology cannot be accommodated within economics - An inventory measuring the increase or decrease in natural resources is needed - To properly discuss welfare or wellbeing requires a focus on assets - It would be a mistake to use GDP to discuss economic success over the long run - Humanity’s demand for nature’s goods and services vastly exceeds the earth’s capacity to supply them on a sustainable basis.

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Chichkanov, Valery, Alexander Kuklin, Sergey Okhotnikov, and Ilia Korobkov. "Impact of socio-economic growth and economic potential on the sustainable development of region." E3S Web of Conferences 258 (2021): 06004. http://dx.doi.org/10.1051/e3sconf/202125806004.

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This article presents a methodological approach to assessing the real wellbeing of citizens in the territory of their residence. An attempt was made to comprehensively assess wellbeing, taking into account the economic factors of potential and growth. Moreover, under crisis conditions, these factors may demonstrate a different dynamic. The ongoing economic uncertainly inherent in the development of Russian regions has intensified with the unfolding of the Covid-19 pandemic. The structural heterogeneity of the domestic economy, manifested in the underfunding of human development, led to an increase in poverty, population decline and, ultimately, to a decrease in welfare. The principle of catch-up modernization has not justified itself for over almost three decades of its application. We propose a diagnostic approach to assessing the state of a region’s economy taking into account the dynamics of indicators and impulse response behaviour of turning points. In order to provide a timely manner of calculations, techniques of express diagnostics were used, which enabled estimation of the development trajectory in the context of a certain crisis type. The proposed methodology was tested using the example of the Ural Federal District.

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Grimes, Arthur, Judd Ormsby, Anna Robinson, and Siu Yuat Wong. "Subjective Wellbeing Impacts of National and Subnational Fiscal Policies." REGION 3, no. 1 (May 15, 2016): 43. http://dx.doi.org/10.18335/region.v3i1.121.

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<p>We study the association between fiscal policy and subjective wellbeing using fiscal data on 34 countries across 129 country-years, combined with over 170,000 people’s subjective wellbeing scores. While past research has found that ‘distortionary taxes’ (e.g. income taxes) are associated with slow growth relative to ‘non-distortionary’ taxes (GST/VAT), we find that distortionary taxes are associated with higher levels of subjective wellbeing than non-distortionary taxes. This relationship holds when we control for macro-economic variables and country fixed effects. If this relationship is causal, it would offer an explanation as to why governments pursue these policies that harm economic growth. We find that richer people’s subjective wellbeing is less harmed by indirect taxes than people with lower incomes, while “unproductive expenditure” is associated with higher wellbeing for the middle class relative to others, possibly reflecting middle class capture. We see little evidence for differential effects of fiscal policy on people living in different sized settlements. Devolving a portion of expenditure to subnational government is associated with higher subjective wellbeing but devolving tax collection to subnational government is associated with monotonically lower subjective wellbeing.</p>

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Altman, Morris. "The Living Wage, Economic Efficiency, and Socio-Economic Wellbeing in a Competitive Market Economy." Forum for Social Economics 41, no. 2-3 (July 2012): 166–86. http://dx.doi.org/10.1007/s12143-011-9095-8.

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Husbands, Samantha, Paul Mark Mitchell, Isabella Floredin, Tim J. Peters, Philip Kinghorn, Sarah Byford, Paul Anand, Cara Bailey, and Joanna Coast. "The Children and Young People Quality of Life Study: A protocol for the qualitative development of attributes for capability wellbeing measures for use in health economic evaluation with children and young people." Wellcome Open Research 7 (March 30, 2022): 117. http://dx.doi.org/10.12688/wellcomeopenres.17801.1.

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Background: Health services face difficult choices regarding how to allocate scarce health and social care resources. Economic evaluation can aid this process of decision making by allowing competing healthcare interventions or services to be compared in terms of their costs and consequences. However, existing use of economic evaluation of health services largely focuses on comparing interventions in terms of their impact on health only, missing factors potentially important to broader wellbeing. The capability approach measures outcomes in terms of what people are able to do and be. It provides an alternative evaluative space for economic evaluation, which may be especially beneficial for populations such as children and young people, for whom health might not be the only outcome of importance to their wellbeing. Study aims: This study aims to develop conceptual attributes and descriptive systems for capability wellbeing measures for children and young people to be used in economic evaluation, using qualitative methods with children and young people directly and their parents/guardians. Methods: Qualitative interviews will be used with children and young people and parents/guardians to develop the conceptual attributes (items) and wording for the capability wellbeing measures. Recruitment will be undertaken through organisations such as schools and charities and online using Facebook. Interviews will be face-to-face or online and will focus on identifying factors important to children and young people’s wellbeing to create an initial draft of the capability wellbeing measures. Subsequent interviews will focus on refining the wording used in the measures. Interviews will be analysed using methods of constant comparison, to explore similarities and differences in what participants considered important to children and young people’s wellbeing and to develop appropriate wording for the measures based on participant responses. Ethics: The study received approval from the University of Bristol Faculty of Health Sciences Research Ethics Committee (reference 77121).

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Akume, Michael A., Gylych Jelilov, and Benedict Akanegbu. "The Impact of Military Spending on Economic Wellbeing in Nigeria." International Journal of Business, Economics and Management 6, no. 4 (2019): 186–200. http://dx.doi.org/10.18488/journal.62.2019.64.186.200.

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Simeu, Natalie, and Sophie Mitra. "Disability and household economic wellbeing: evidence from Indonesian longitudinal data." Oxford Development Studies 47, no. 3 (February 13, 2019): 275–88. http://dx.doi.org/10.1080/13600818.2019.1575348.

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Balakireva, O. M., D. A. Dmytruk, and Yu V. Sereda. "Socio-economic wellbeing of population and expectations in springtime 2011." Ukrainian Society 2011, no. 2 (July 11, 2011): 161–78. http://dx.doi.org/10.15407/socium2011.02.161.

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Njoya, Wanjiru. "The Acceptable Face of Capitalism: Law, Corporations and Economic Wellbeing." King's Law Journal 29, no. 1 (January 2, 2018): 142–75. http://dx.doi.org/10.1080/09615768.2018.1478204.

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Tonts, Matthew, Paul Plummer, and Misty Lawrie. "Socio-economic wellbeing in Australian mining towns: A comparative analysis." Journal of Rural Studies 28, no. 3 (July 2012): 288–301. http://dx.doi.org/10.1016/j.jrurstud.2011.10.006.

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Copestake, James, Monica Guillen-Royo, Wan-Jung Chou, Tim Hinks, and Jackeline Velazco. "The Relationship Between Economic and Subjective Wellbeing Indicators in Peru." Applied Research in Quality of Life 4, no. 2 (June 2009): 155–77. http://dx.doi.org/10.1007/s11482-009-9070-1.

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Altman, Morris. "Economic Freedom, Material Wellbeing, and the Good Capitalist Governance Index." Journal of Economic Issues 47, no. 1 (March 2013): 247–68. http://dx.doi.org/10.2753/jei0021-3624470111.

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Chakraborty, Kalyan. "Economic Benefits from Biking Trails and Greenways." Business and Economic Research 9, no. 2 (June 2, 2019): 199. http://dx.doi.org/10.5296/ber.v9i2.14727.

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Due to a growing need for health and wellbeing of the urban population and revitalization of the rural economies biking has become one of the top recreational activities is the U.S. While the impact of individual health and wellbeing from biking activities well recognized in the literature, the economic impact of bike tourism in rural communities is less recognized. The purpose of this paper is to review the studies on the economic impact of biking trails and greenways on the local communities and provide a guideline on how to undertake such studies based on available methodologies in the literature. In doing so, the paper discusses the objectives and goals for creating infrastructure for greenway and biking trails in the local communities including methodologies used to assess the economic impacts. This study concludes that for a long-run sustainable development, local community’s social and economic resources that already exist can be utilized for building biker friendly communities.

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Spencer, Daniel T. "“All My Means are Sane, My Motive and My Object Mad”." Worldviews 19, no. 3 (2015): 282–302. http://dx.doi.org/10.1163/15685357-01903005.

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Neoliberal economic globalization is motivated by the quest for ever-increasing profits and endless economic growth. Both the motive and means of economic globalization prove to be irrational in the context of the ecological limits of the planet. Rising rates of social and economic inequality coupled with growing ecological breakdown and climate change demonstrate that this economic model is neither socially just nor environmentally sustainable. Ethical analysis of different models of globalization provides alternatives rooted in moral norms of justice, equity, democratic participation and environmental sustainability. Studies of human happiness demonstrate that once basic needs are met, there is little to no correlation between increasing levels of per capita consumption and human wellbeing and happiness (Diener et al., 2009; Helliwell, Layard & Sachs, 2012). Hence affluent nations can and must decrease rates of per capita consumption, which can be accomplished while enhancing happiness and wellbeing. While economic growth for poor nations remains a priority to meet basic needs, affluent nations such as the United States need to shift away from neoliberal economics based on endless growth to more localized and sustainable ways of living.

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Giampiccoli, Andrea, Anna Dłużewska, and Erasmus Mzobanzi Mnguni. "Host Population Well-Being through Community-Based Tourism and Local Control: Issues and Ways Forward." Sustainability 14, no. 7 (April 6, 2022): 4372. http://dx.doi.org/10.3390/su14074372.

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The importance and role of tourism around the world is not new; it is enough to mention that tourism represents one of the fastest-growing and most profitable global economic sectors. However, tourism has negative impacts in destinations, such as the displacement and relocation of communities and disruption of economic systems, socio-political processes and organizations. It must be recognized that new strategies are required, because growth itself is not sufficient to fight poverty and inequality. Local people, especially the disadvantaged sections of the communities, need to be protagonists and able to control the tourism sector and benefit from it. The aim of this paper is to contribute to wellbeing, sustainability, and tourism research by proposing issues and ways forward related to enhancing well-being through community-based tourism (CBT). The paper is divided into three sections. The first focuses on CBT approaches. The second concerns the conceptual framework of wellbeing, with special emphasis on wellbeing in tourism, including host/guest relations; we present different evaluations of wellbeing, e.g., (socio-cultural, psychological, economic, and environmental). The third section discusses how wellbeing is presented in CBT and proposes ways forward for research. The paper is theoretical, and is based on previous literature and institutional and organizational documents.

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Belesova, Kristine, Ilan Kelman, and Roger Boyd. "Governance through Economic Paradigms: Addressing Climate Change by Accounting for Health." Politics and Governance 4, no. 4 (December 28, 2016): 87–96. http://dx.doi.org/10.17645/pag.v4i4.729.

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Climate change is a major challenge for sustainable development, impacting human health, wellbeing, security, and livelihoods. While the post-2015 development agenda sets out action on climate change as one of the Sustainable Development Goals, there is little provision on how this can be achieved in tandem with the desired economic progress and the required improvements in health and wellbeing. This paper examines synergies and tensions between the goals addressing climate change and economic progress. We identify reductionist approaches in economics, such as ‘externalities’, reliance on the metric of the Gross Domestic Product, positive discount rates, and short-term profit targets as some of the key sources of tensions between these goals. Such reductionist approaches could be addressed by intersectoral governance mechanisms. Health in All Policies, health-sensitive macro-economic progress indicators, and accounting for long-term and non-monetary values are some of the approaches that could be adapted and used in governance for the SDGs. Policy framing of climate change and similar issues should facilitate development of intersectoral governance approaches.

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Iemmi, Valentina, David Crepaz-Keay, Eva Cyhlarova, and Martin Knapp. "Peer-led self-management for people with severe mental disorders: an economic evaluation." Journal of Mental Health Training, Education and Practice 10, no. 1 (March 9, 2015): 14–25. http://dx.doi.org/10.1108/jmhtep-08-2014-0019.

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Purpose – The purpose of this paper is to evaluate the effectiveness and cost-effectiveness of a peer-led self-management intervention for people with severe mental disorders. Design/methodology/approach – This is a one-arm longitudinal study without control group. In all, 262 adults with (self-reported) severe mental disorders, who have used secondary mental health services and were living in the community were evaluated at three time points (baseline, six and 12 months). Socio-demographic data were collected at baseline. Wellbeing (Warwick-Edinburgh Mental Wellbeing Scale), functional living skills (Health Promoting Lifestyle Profile II) and service use (Client Service Receipt Inventory) data were assessed over time. Findings – Self-management for people with severe mental disorders improved wellbeing and health-promoting lifestyles. After an increase in the short term, costs appeared to decrease in the longer term, although this change was not statistically significant. Due to the lack of a control group, the authors are unable to attribute those changes to the intervention only. Nevertheless, the self-management intervention appears to warrant further attention on both wellbeing and economic grounds. Originality/value – Self-management may facilitate recovery, helping to support people with severe mental disorders at no additional cost. Given recent emphasis on recovery, peer workers and self-management, this peer-led self-management approach for people with severe mental disorders appears to have potential.

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