scholarly journals Country Differences in Financial Preparation: What Do People Expect From the State?

2021 ◽  
Vol 5 (Supplement_1) ◽  
pp. 192-193
Author(s):  
Maria Clara P de Paula Couto ◽  
Sylvie Graf ◽  
Klaus Rothermund ◽  
Jana Nikitin

Abstract A considerable gap between one’s pension and living expenses in old age exists in almost all developed countries, making savings and financial preparation for old age inevitable. Nevertheless, financial preparation for old age substantially differs across countries. Using the data from the AAF project, we investigated what motivates people in different countries (USA, Germany, Czech Republic, Hong Kong, and Taiwan) to financially prepare for old age. Financial preparation was the highest in the USA, followed by Germany and the Czech Republic. The lowest levels of financial preparation were found in Hong Kong and Taiwan. These differences were explained by age-related expectations on a “paternalistic” role of the state: Greater endorsement of the idea that the state should provide financial support to older citizens led to less preparation. These findings are in line with the idea that individuals’ beliefs and expectations regarding the role of institutions shape personal actions.

2021 ◽  
Vol 0 (0) ◽  
Author(s):  
Brian-Vincent Ikejiaku

Abstract The current radical strategies by which there is, on one hand, an increasing European assistance to developing poor countries of Africa/Middle East and on the other hand, tightened border-security within Europe as a means to reduce migration from the South; may worsen the state of poverty in Europe, particularly on the immigrants and impact on the workforce in Europe with implication on development. Though, these strategies may sound radically appealing, they are however, unlikely to reduce migration flows to Europe. While there is still a “wide development gap” between the poor countries of Africa/Middle East and industrialised countries of Europe, migration will often increase, at least in the next two-three decades. Radical border security in Europe will expose the migrants to human trafficking in different form and manifestation contrary to Article 3 UN Protocol on Trafficking in Person. The paper examines the role of the State and Law and development, in addressing the issues of poverty and migration within the industrialised countries of Europe. The research argues that there is the likelihood that poverty and human right issues will increase in Europe in the near-future, if the State/EU fails to play their role, by changing their policy direction and repositioning themselves by improving their Law and development stance. The research employs the human rights-based approach, interdisciplinary and critical-analytical perspective within the framework of international Law and development. It employs qualitative empirical evidence from developed countries of Europe and poor developing countries for analysis.


Author(s):  
V.I. Semenova ◽  
◽  
M.F. Fridman ◽  

This article is devoted to the most important issue of ensuring an innovative breakthrough in socio-economic development in the conditions of information and economic confrontation. Today, humanity is entering an era of a fundamentally different system of social relations, values and meanings. The emergence of a multipolar world model increases the competition of developed countries, on the one hand, and weakens the role of the state in society, on the other. Economic sanctions significantly hinder innovative development, so the state, as one of the main social institutions, still needs qualitatively new, more productive, innovative solutions, the emergence and implementation of which is impossible without appropriate personnel: researchers, analysts, developers, managers and workers.


2019 ◽  
Vol 3 (Supplement_1) ◽  
pp. S749-S749
Author(s):  
Helene H Fung

Abstract With population aging, many people can expect to spend 30 or more years in old age. The five papers included in this symposium aim at shedding light on whether and how to make plans for old age, using data from the “Aging as Future” Project. First, Park and Hess used data spanning across adulthood from Germany, Hong Kong and the USA to examine how changes experienced in domains of functioning and the importance attached to these domains influenced preparations for old age. Next, de Paula Couto and Rothermund, examining Germans aged 40-90 years, pointed out that prescriptive age stereotypes might be the main drive for why people make preparations for age-related changes. The remaining three papers use qualitative data to qualify the above quantitative findings. Adamson and Ekerdt interviewed older Midwest US residents. They observed that SES greatly impacted how older adults perceived and made plans for their future. The final two papers examined how rural vs. urban contexts might affect preparations for future. Liou interviewed older adults in rural Tainan and found that their ideal old age was one about no future preparation, at least not about making plans for themselves (called “tranquil life”). Ho and colleagues, in contrast, found that for older Chinese residing in urban Hong Kong, not preparing for the future (called “time freeze”) was negatively related to physical and psychological well-being. The symposium will end with an overall discussion on future research directions on whether and how to make plans for old age.


2020 ◽  
pp. 113-138
Author(s):  
D. Hugh Whittaker ◽  
Timothy J. Sturgeon ◽  
Toshie Okita ◽  
Tianbiao Zhu

Chapter 5 explores the ways in which less-developed countries experience the era-related effects of compressed development and try to cope with them. Chapter 4 compared late-developer Japan and compressed-developer China, but countries with poor or mixed records of economic development also face the opportunities and constraints of compression, and must do so with institutions, policies, and industries which emerged under prior conditions. Large-market less-developed countries such as Brazil, India, and even China face the era effects of compression, with legacies that are often poorly suited and sometimes antithetical to the demands of global value chains and technology ecosystems. Discontinuities and differences across sectors further complicate the role of the state in the era of compressed development.


Author(s):  
Anna Sapozhnikova ◽  
Evgeny Gaishun

The formation of the spectrum of global economic and political challenges for Russia is a factor in returning the issues of economic modernization to the public administration agenda, taking into account the current state and development trends of the country’s economy as a whole and its regions. As a research tool, the system method and the method of statistical observations are used. In Russia, the role of the state in regulating economic processes and its predominance in the structure of Russian economy remains significant. All this makes it necessary to consider the participation of the state in the process of modernization transformations. The article discusses the historical experience of modernization in developed countries with significant state participation, as well as modern Russian goals of state participation in economy, the role of the relevant policy in achieving the goals of modernization (on the example of the “May Decree” of the President of the Russian Federation of May 7, 2018), its contingency with the practices and role of big business as an integral part of the modernization process. The paper suggests ways to optimize public policy in the direction of modernization, taking into account the priorities formulated for the management system.


2002 ◽  
Vol 45 (3-4) ◽  
pp. 225-232
Author(s):  
Ana Tot

On the basis of the researches on the new (post-capitalist) way of production, in developed countries, the author points to, very concisely, the appearance of relations and legality of the new way of production. Considering this, the author expresses her attitudes on the roles of the state in the new way of production. As this article is in a direct link with the previous ones (cited in the literature), getting familiar with their contents is recommendable in order to understand the subject better.


2008 ◽  
Vol 38 ◽  
pp. 83-106 ◽  
Author(s):  
Ayşe Buğra ◽  
Sinem Adar

AbstractAs part of the institutional changes in Turkey since the 1980s that laid down the foundations of a market economy, the transformation of the social security system has recently come on the agenda. This article discusses the possible outcome of this transformation by situating the case of Turkey in the context of the contemporary international social policy environment shaped by neo-liberal globalization.It is possible to suggest that throughout the world a new system of welfare governance has recently emerged, which is characterized, first, by a novel emphasis on workfare as opposed to welfare. It modifies, second, redistributive action by the state through diverse partnerships between the state, private sector and voluntary initiatives in the provision of social care and public services. The impact of this new system of welfare governance on social policy is especially important in less developed countries where the role of the state in welfare provision is recently being taken more seriously. With the new emphasis on workfare accompanied by the increasing role of non-state actors, the newly introduced social policy measures might not necessarily consolidate the basis of citizenship rights but they might mainly serve to keep under control the socio-economic insecurity aggravated by the expansion of market relations. This observation is of particular significance for the analysis of the contemporary social policy environment in Turkey that this article presents.


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