Living Standards in Southern Europe over the Long Run

2021 ◽  
pp. 151-176
Author(s):  
Manos Matsaganis
Keyword(s):  
Labour Productivity ◽  
Well Being ◽  
Living Standards ◽  
Social Spending ◽  
Southern Europe ◽  
Distribution Of Wealth ◽  
The Great Recession ◽  
Long Run ◽  
Employment Education ◽  
Material Conditions

This chapter reviews how material conditions improved in Italy, Spain, Portugal, and Greece over many decades from the postwar period to the onset of the Eurozone crisis and the Great Recession; how Southern Europe lost ground in the 2010s; and how changes in living standards affected different population groups. The chapter unfolds in 15 short sections. Section 4.1 sets the scene by briefly discussing similarities and differences between the four countries. Section 4.2 recounts how life in Southern Europe was transformed since the mid-20th century in terms of material well-being. Sections 4.3–4.14 look at changes in gross domestic product, consumption, investment, labour productivity, employment, education attainment, population health, social spending, income inequality, poverty and social exclusion, the distribution of wealth, and life satisfaction. Section 4.15 concludes.

Middle and Below Living Standards: What Can We Learn from Beyond Income Measures of Economic Well-being?

2018 ◽  
Author(s):  
Marii Paskov ◽  
Joan E. Madia ◽  
Tim Goedemé
Keyword(s):  
Well Being ◽  
Material Deprivation ◽  
Living Standards ◽  
Household Level ◽  
The Great Recession ◽  
Level Data ◽  
Working Age ◽  
Household Incomes ◽  
The Relationship ◽  
Economic Well Being

This chapter complements the income-based measures of living standards on which earlier chapters have focused by incorporating non-income dimensions of economic well-being into its analysis, including indicators of material deprivation, economic burdens, and financial stress. It analyses how working-age households around and below the middle of the income distribution fared in European countries in the years before, during, and after the Great Recession. Harmonized household-level data across the members of the EU are analysed to see whether the evolution of these various non-income measures present a similar or different picture to household incomes over time. To probe what lies behind the patterns this reveals, four quite different countries are then examined in greater depth. Finally, the chapter also explores the relationship between material deprivation for households around and below the middle and overall income inequality.

scholarly journals The Distribution of Well-Being Among Europeans

2021 ◽  
pp. 39-103
Author(s):  
Andrea Brandolini ◽  
Alfonso Rosolia
Keyword(s):  
Income Inequality ◽  
Poverty Reduction ◽  
Well Being ◽  
Careful Consideration ◽  
Living Standards ◽  
The European Union ◽  
Income Convergence ◽  
The Great Recession ◽  
Accession Countries ◽  
Eu Policies

The authors analyse the evolution of citizens’ living standards in the European Union (EU), considering the EU as a single country. Average living standards have improved considerably as the European integration process has unfolded. EU28 income inequality has steadily declined, mostly as a result of the macroeconomic convergence of new EU-accession countries. EU15 income inequality fell steadily until the mid-1980s, but picked up again during the economic turmoil following the Great Recession, largely reflecting the divergence between periphery and core countries in the Euro Area. Using a common EU standard reveals more progress in terms of poverty reduction. It also shows that the patterns of income convergence across member states differ across categories of residents, thus calling for a more careful consideration of the personal and national dimensions of EU policies.

Analysis of Distributional Equity of Public Physical Infrastructure in Pakistan

2020 ◽  
Vol Volume 4 (Issue 3) ◽  
pp. 90-109
Author(s):  
Ayza Shoukat ◽  
Muhammad Abdullah
Keyword(s):  
Economic Indicator ◽  
Well Being ◽  
Living Standards ◽  
Panel Ardl ◽  
Long Run ◽  
Equity Principle ◽  
Physical Infrastructure ◽  
Mixed Order ◽  
Short Run ◽  
Economic Well Being

The significance of public physical infrastructure (PPI) is hard to brush aside. Whereas, misallocation of PPI tends to overshadow the growth as well as creates disruption and unrest among the territories. The theory of public choice proposes that embracing the equity effect in distribution of PPI can improve overall economic growth as well as concord the economic well-being. The current study has empirically tested the equity approach in distribution of PPI among the provinces of Pakistan. We have adopted an innovative approach by analyzing the equity principle. Panel data for provinces of Pakistan has been employed for the period of 1988-2018. The stationarity of the variables has been checked through Levin, Lin & Chu test. As we get mixed order of integration, panel ARDL is used to estimate the results. The study concludes that the distribution of PPI in provinces of Pakistan is based on the equity principle. Whereas the other economic indicator efficiency is traded off against equity. The short run negative and significant ECT term also confirms the existence of long run relationship between variables. These results ensure that despite the heterogenous characteristics of each province, the distribution of PPI is done to equalize the living standards across the country.

An Econometric Analysis on the Relationship between Globalisation and Inequality in South Africa

2020 ◽  
Vol 11 (1) ◽  
pp. 89-89
Author(s):  
Jacques de Jongh
Keyword(s):  
South Africa ◽  
Well Being ◽  
Causality Analysis ◽  
Global Integration ◽  
Development Indicators ◽  
Long Run ◽  
The World ◽  
Distribution Of Resources ◽  
Short Run ◽  
The Impact

Globalisation has had an unprecedented impact on the development and well-being of societies across the globe. Whilst the process has been lauded for bringing about greater trade specialisation and factor mobility many have also come to raise concerns on its impact in the distribution of resources. For South Africa in particular this has been somewhat of a contentious issue given the country's controversial past and idiosyncratic socio-economic structure. Since 1994 though, considerable progress towards its global integration has been made, however this has largely coincided with the establishment of, arguably, the highest levels of income inequality the world has ever seen. This all has raised several questions as to whether a more financially open and technologically integrated economy has induced greater within-country inequality (WCI). This study therefore has the objective to analyse the impact of the various dimensions of globalisation (economic, social and political) on inequality in South Africa. Secondary annual time series from 1990 to 2018 were used sourced from the World Bank Development indicators database, KOF Swiss Economic Institute and the World Inequality database. By using different measures of inequality (Palma ratios and distribution figures), the study employed two ARDL models to test the long-run relationships with the purpose to ensure the robustness of the results. Likewise, two error correction models (ECM) were used to analyse the short-run dynamics between the variables. As a means of identifying the casual effects between the variables, a Toda-Yamamoto granger causality analysis was utilised. Keywords: ARDL, Inequality, Economic Globalisation; Social Globalisation; South Africa

LIVING STANDARDS AND PROPORTIONS AFFECTING FOR STRUCTURAL CHANGES IN THE ECONOMY

2020 ◽  
Vol 2 (9) ◽  
pp. 42-46
Author(s):  
G. T. PULATOVA ◽  
◽  
T. A. KADYROV ◽  
Keyword(s):  
Economic Growth ◽  
Theoretical Analysis ◽  
Structural Changes ◽  
Well Being ◽  
The State ◽  
Living Standards ◽  
Total Production ◽  
Direct Connection ◽  
Fund Industry ◽  
Time Changes

This article considers the direct connection of the state of living of the population with the structures of the economy. In this regard, it is noted that the territorial aspects of the structure of the economy are also factors in shaping the structure of people 's needs, despite the fact that the latter are poorly structured. The study showed that the extent of structural changes in the economy, apart from the needs of the population, is affected by such critical proportions as the ratio of production to consumption, the savings fund to consumption fund, industry and agriculture, growth of production and transport development, growth of cash incomes of the population and their commodity coverage. In total production theoretical analysis has also shown that structural changes in the economy depend on the level of change in the share of each sector of the economy At the same time, changes also affect economic growth and human well-being in different ways.

From Help Giving to Helping Relations

2018 ◽  
pp. 464-488
Author(s):  
Arie Nadler
Keyword(s):  
Well Being ◽  
Psychological Research ◽  
Psychological Needs ◽  
Social Psychological ◽  
Significant Relationships ◽  
Long Run ◽  
Help Giving ◽  
Social Psychological Research ◽  
Practical Implications

This chapter reviews social psychological research on help giving and helping relations from the 1950s until today. The first section considers the conditions under which people are likely to help others, personality dispositions that characterize helpful individuals, and motivational and attributional antecedents of helpfulness. The second section looks at long-term consequences of help and examines help in the context of enduring and emotionally significant relationships. Research has shown that in the long run help can increase psychological and physical well-being for helpers but discourage self-reliance for recipients. The third section analyzes helping from intra- and intergroup perspectives, considering how its provision can contribute to helpers’ reputations within a group or promote the positive social identity of in-groups relative to out-groups. Help is thus conceptualized as a negotiation between the fundamental psychological needs for belongingness and independence. Theoretical and practical implications are discussed.

scholarly journals Preventing NEETs during the Great Recession: the effects of mandatory activation programs for young welfare recipients

2021 ◽  
Author(s):  
Emile Cammeraat ◽  
Egbert Jongen ◽  
Pierre Koning
Keyword(s):  
The Netherlands ◽  
Great Recession ◽  
Economic Recession ◽  
Welfare Recipients ◽  
Employment Effects ◽  
The Great Recession ◽  
Employment Education ◽  
The Impact

AbstractWe study the impact of mandatory activation programs for young welfare recipients in the Netherlands. What makes this reform unique is that it clashed head on with the Great Recession. We use differences-in-differences and data for the period 1999–2012 to estimate the effects of this reform. We find that the reform reduced the number of welfare recipients but had no effect on the number of NEETs (individuals not in employment, education or training). The absence of employment effects contrasts with previous studies on the impact of mandatory activation programs, which we argue is due to the reform taking place during a severe economic recession.

scholarly journals Planned relocation in Peru: advancing from well-meant legislation to good practice

2021 ◽  
Author(s):  
Jonas Bergmann
Keyword(s):  
Market Access ◽  
Good Practice ◽  
Well Being ◽  
Community Action ◽  
Third Party ◽  
Subjective Well Being ◽  
Hazard Exposure ◽  
Material Conditions ◽  
Vulnerable Households ◽  
Strategic Solution

AbstractAlong Peru’s rainforest rivers, rising flood extremes are increasingly exceeding coping capacities of vulnerable households. Peru has detailed legislation that embraces planned relocation as a strategic solution to such situations and various relocation projects are underway across the country. This research brief analyzes well-being consequences for two communities requesting relocation, using qualitative data collected from experts and 30 affected people. Initial results emphasize that weak governance, poverty, third-party involvement, and community action have influenced relocation outcomes. Delays and fragmented implementation have threatened people’s well-being. One community, waiting for land to relocate since 2015, has suffered from continued hazard exposure, deteriorated material conditions, and reduced subjective well-being. The second community achieved relocation only after a decade in detrimental limbo. Although livelihood challenges persist, its inhabitants now benefit from better market access and decreased exposure, leading to higher subjective well-being. With rising needs for relocation worldwide, the cases highlight that detailed legislation is not sufficient to safeguard people’s well-being. Advancing from well-meant legislation to good practice requires adequate institutional capacity, effective mechanisms for oversight and accountability, better engagement of third parties, and dedicated efforts to strengthen community agency.

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