What matters to the rich and the poor? Subjective well-being, financial satisfaction, and postmaterialist needs across the world.

This paper discusses the material aspects of globalisation and the effects of the movements of trade, capital and people around the world on older men and women. While some older people have benefited, most notably where pensions and health care are well developed, the majority of older men and women are among the poor who have not. Free trade, economic restructuring, the globalisation of finance, and the surge in migration, have in most parts of the world tended to produce harmful consequences for older people. These developments have been overseen, and sometimes dictated, by inter-governmental organisations (IGOs) such as the International Monetary Foundation (IMF), the World Bank and the World Trade Organisation (WTO), while other IGOs with less power have been limited to anti-ageist exhortation. Globalisation transfers resources from the poor to the rich within and between countries. It therefore increases social problems while simultaneously diminishing the freedom and capacity of countries to make social policy. Nonetheless, the effects of globalisation, and particularly its financial dimensions, on a nation's capacity for making social policy can be exaggerated. Political will can combat international economic orthodoxy, but the evident cases are the exception rather than the rule.

Download Full-text

Social Media and the Quality of Subjective Well-Being; Counseling Perspective in Digital Era

10.31219/osf.io/am7tr ◽

2018 ◽

Author(s):

Zadrian Ardi ◽

Indah Sukmawati

Keyword(s):

Social Media ◽

Well Being ◽

Subjective Well Being ◽

Social Community ◽

Digital Era ◽

Internet Users ◽

The Social ◽

The World ◽

The Impact

Various studies in the information technology revealed that there has been a change in the trend of internet use in recent years. Internet users in the world prefer to spend time accessing the internet through the social media. Social media with a variety of platforms provides special communities with their own uniqueness and allows users to share lots of content. The members involves creates a new social community with various phenomena, both positive and negative. Counselors in the millennium era are required to have the insight andknowledge that is qualified to deal with the well being conditions of individuals from activities in social media. Counselors are also required to have specific skills in providing handling with the condition of well being individuals related to the impact of activities on social media.

Download Full-text

KONSEP HAK MILIK DALAM EKONOMI ISLAM

Mu'amalat: Jurnal Kajian Hukum Ekonomi Syariah ◽

10.20414/mu.v9i2.2018 ◽

2017 ◽

Vol 9 (2) ◽

pp. 189-207

Author(s):

AN Ras Try Astuti ◽

Andi Faisal

Keyword(s):

Developing Countries ◽

Social Justice ◽

Economic System ◽

The Other ◽

Private Ownership ◽

The Poor ◽

The World ◽

Joint Ownership ◽

The Rich ◽

The Individual

Capitalism as an economic system that is implemented by most countries in the world today, in fact it gave birth to injustice and social inequalityare increasingly out of control. Social and economic inequalities are felt both between countries (developed and developing countries) as well as insociety itself (the rich minority and the poor majority). The condition is born from the practice of departing from faulty assumptions about the man. In capitalism the individual to own property released uncontrollably, causing a social imbalance. On the other hand, Islam never given a state model that guarantees fair distribution of ownership for all members of society, ie at the time of the Prophet Muhammad established the Islamic government in Medina. In Islam, the private ownership of property was also recognized but not absolute like capitalism. Islam also recognizes the forms of joint ownership for the benefit of society and acknowledges the ownership of the state that aims to create a balance and social justice.

Download Full-text

Philip Albert Theodor Kircher. Poverty Reduction Strategies. Gottingen Studies in Development Economics. Frankfurt, Germany: Peter Lang, 2002. xiv+275 pages. Paperback. Price not given.

The Pakistan Development Review ◽

10.30541/v44i1pp.108-111 ◽

2005 ◽

Vol 44 (1) ◽

pp. 108-111

Author(s):

Faheem Jehangir Khan

Keyword(s):

International Development ◽

Poverty Alleviation ◽

Poverty Reduction ◽

Well Being ◽

Development Cooperation ◽

International Consensus ◽

Systematic Analysis ◽

Poor Countries ◽

The World ◽

The Rich

Poverty is one of the most depressing global problems in the world today. Therefore, there is a growing consensus among development organisations that poverty alleviation should be the primary goal of cooperation between the rich and the poor countries. This consensus is due to the awareness that a widening international income gap threatens the well-being of people in the rich countries. In this volume, the author, Philip Kircher, offers a comprehensive study on the evolution, the content, the different national accentuations, and the problem of the international consensus on poverty alleviation, and provides a systematic analysis of today’s donor strategies for development cooperation for poverty reduction. The study focuses specifically on the strategic positions of the World Bank, the Department for International Development (DFID) of the United Kingdom, the Ministry for Economic Cooperation and Development (BMZ) of Germany, and the Swedish International Development Agency (SIDA), as well as the positions presented by the governments of these countries in regard to development.

Download Full-text

Income Redistribution Predicts Greater Life Satisfaction Across Individual, National, and Cultural Characteristics.

10.31234/osf.io/m53y7 ◽

2017 ◽

Author(s):

Felix Cheung

Keyword(s):

Life Satisfaction ◽

Income Redistribution ◽

Well Being ◽

Negative Consequences ◽

Cultural Characteristics ◽

The Poor ◽

Strong Hypothesis ◽

Nationally Representative ◽

The Rich ◽

Over Time

The widening income gap between the rich and the poor has important social implications. Governmental-level income redistribution through tax and welfare policies presents an opportunity to reduce income inequality and its negative consequences. The current longitudinal studies examined whether within-region changes in income redistribution over time relate to life satisfaction. Moreover, I examined potential moderators of this relationship to test the strong versus weak hypotheses of income redistribution. The strong hypothesis posits that income redistribution is beneficial to most. The weak hypothesis posits that income redistribution is beneficial to some and damaging to others. Using a nationally representative sample of 57,932 German respondents from 16 German states across 30 years (Study 1) and a sample of 112,876 respondents from 33 countries across 24 years (Study 2), I found that within-state and within-nation changes in income redistribution over time were associated with life satisfaction. The models predicted that a 10% reduction in Gini through income redistribution in Germany increased life satisfaction to the same extent as an 37% increase in annual income (Study 1), and a 5% reduction in Gini through income redistribution increased life satisfaction to the same extent as a 11% increase in GDP (Study 2). These associations were positive across individual, national, and cultural characteristics. Increases in income redistribution predicted greater satisfaction for tax-payers and welfare-receivers, for liberals and conservatives, and for the poor and the rich. These findings support the strong hypothesis of income redistribution and suggest that redistribution policies may play an important role in societal well-being.

Download Full-text

Deconstructing the ‘Digital Divide’ In Africa

Digital Economy Innovations and Impacts on Society ◽

10.4018/978-1-4666-1556-4.ch014 ◽

2012 ◽

pp. 222-236

Author(s):

Stephen Mutula

Keyword(s):

Developing Countries ◽

Digital Divide ◽

Information Society ◽

Wealth Creation ◽

World Summit ◽

Cable Tv ◽

The Poor ◽

The World ◽

The Rich ◽

Developed World

The debate about whether the digital divide between Africa and the developed world is narrowing or widening has intensified over the last five years. Some believe that access to technology is positively correlated to economic development and wealth creation, however, since the dawn of the last century, the gap between the rich and the poor within and between developed and developing countries has continued to grow. The protagonists in this debate do not seem to appreciate the notion that the digital divide is not about a single technology, and is driven by a complex set of factors that exist beyond wires. This paper attempts to deconstruct the concept of the digital divide beyond access to PCs, telephones, Internet, cable TV, etc… The authors argue that the phenomenon as currently conceived is misleading and flawed, and so are the indices for its measurement. Suggestions that a new model for mapping the phenomenon is made in order to bridge the divide between developed and developing countries. In deconstructing the digital divide, the authors use the Declaration of Principles of the World Summit on Information Society and the indices used to measure e-readiness, information society, digital opportunity, and e-government.

Download Full-text

Structural Equation Modelling for Determining Subjective Well-Being Factors of the Poor Children in Bad Environment

Procedia Computer Science ◽

10.1016/j.procs.2018.08.156 ◽

2018 ◽

Vol 135 ◽

pp. 113-119

Author(s):

Bagus Sumargo ◽

Theresa Novalia

Keyword(s):

Structural Equation Modelling ◽

Structural Equation ◽

Well Being ◽

Subjective Well Being ◽

The Poor ◽

Equation Modelling ◽

Poor Children

Download Full-text

The U.N. and the (Economic) Education of Henry Kissinger

Worldview ◽

10.1017/s0084255900051986 ◽

1976 ◽

Vol 19 (1-2) ◽

pp. 7-14 ◽

Cited By ~ 1

Author(s):

Helena Stalson

Keyword(s):

New York ◽

International System ◽

The United States ◽

Economic Education ◽

Henry Kissinger ◽

Poor Countries ◽

The Poor ◽

The World ◽

The Rich ◽

Rich Countries

Something remarkable and of historic importance took place in New York during the first two weeks of September, 1975. At a Special Session of the United Nations the poor countries of the world, who have 70 per cent of its people and 30 per cent of its income, demanded that the rich, countries make some major changes in the international system. And the rich countries, including the United States, responded in new ways. Most reporters failed to notice how remarkable the events were, but the evidence is there.

Download Full-text