A Study on Economic Growth and Well-Being Metrics of Better Life Index (The Case of BRICS Countries)

2019 ◽  
Author(s):  
Rıdvan Karacan

<div><br></div><div><div>Dear Editor,</div><div>Please find attached the paper, A Study on Economic Growth and Well-Being Metrics of Better Life Index (The Case of BRICS Countries) by Rıdvan Karacan, which I would like to submit for possible publication to.</div><div>The difference of this paper from other studies is that it involves BRICS; Brazil (Federative Republic of Brazil) Russia (Russian Federation), India (Republic of India), China (People's Republic of China),South Africa (Republic of South Africa) countries and the method which is used. Our claim is the fact that the economic growth doesn’t represent the welfare increase by itself. This study has made with this aim.</div><div>Thank you for your consideration of this manuscript</div><div>Yours sincerely,</div><div>Rıdvan Karacan Associate Professor</div></div>

2019 ◽  
Author(s):  
Rıdvan Karacan

<div><br></div><div><div>Dear Editor,</div><div>Please find attached the paper, A Study on Economic Growth and Well-Being Metrics of Better Life Index (The Case of BRICS Countries) by Rıdvan Karacan, which I would like to submit for possible publication to.</div><div>The difference of this paper from other studies is that it involves BRICS; Brazil (Federative Republic of Brazil) Russia (Russian Federation), India (Republic of India), China (People's Republic of China),South Africa (Republic of South Africa) countries and the method which is used. Our claim is the fact that the economic growth doesn’t represent the welfare increase by itself. This study has made with this aim.</div><div>Thank you for your consideration of this manuscript</div><div>Yours sincerely,</div><div>Rıdvan Karacan Associate Professor</div></div>


Author(s):  
Mark Britnell

Australia has set a new world record by enjoying 27 consecutive years of economic growth. It is on the right side of the world at just the right time in history, as Asia rises. It consistently ranks highly in the OECD Better Life Index which looks at the level of well-being in society. Indeed, the title of this chapter takes some of the lyrics out of the Australian national anthem, Advance Australia Fair. Its healthcare staff are well paid and looked after and clinical facilities are often good, but Australia’s workforce challenges are shaped by the vastness of its land and the enduring inequalities in health outcomes of its Aboriginal and Torres Strait Islander people. In this chapter, Mark Britnell takes a closer look at the Australian healthcare system and how it affects the country as a whole.


2020 ◽  
Vol 4 (1) ◽  
pp. 42-53
Author(s):  
Evgenia Serova

The article examines the importance of e-commerce in the modern world, as well as the level of its development and legal regulation in the BRICS countries. The author studied the problems of functioning of international electronic commerce during the 2020 coronavirus pandemic. For the purpose of comparative legal research, the legislation on electronic commerce of the Russian Federation, the People’s Republic of China, Brazil, India, and the Republic of South Africa was considered. In the course of the study, it was concluded that the existence of a single normative act regulating exclusively legal relations within the framework of electronic commerce was the most effective way of legal regulation in this area.


2021 ◽  
Vol 13 (20) ◽  
pp. 11138
Author(s):  
Huan Zhang

This study selects the panel data of five BRICS nations (Brazil, Russia, India, China, South Africa) from 1990 to 2019 to empirically explore the impact of technological innovation and economic growth on carbon emissions under the context of carbon neutrality. Granger causality test results signify that there exists a one-way causality from technology patent to carbon emission and from economic growth to carbon emission. We also constructed an improved Stochastic Impacts by Regression on Population, Affluence, and Technology (STIRPAT) model. The regression results manifest that technology patents contribute to the realization of carbon emission reduction and carbon neutralization, while the economic growth of emerging economies represented by BRICS countries significantly improves carbon emissions, but every single BRICS country shows differentiated carbon emissions conditions with their economic development stages. The impact of the interaction term on carbon emissions for the five BRICS countries also presents country-specific heterogeneity. Moreover, the Environmental Kuznets Curve (EKC) test results show that only Russia and South Africa have an inverted U-shaped curve relationship between economic growth and carbon emissions, whereas Brazil, India and China have a U-shaped curve relationship. There exists no EKC relationship when considering BRICS nations as a whole. Further robustness tests also verify that the conclusions obtained in this paper are consistent and stable. Finally, the paper puts forward relevant policy suggestions based on the research findings.


Author(s):  
Verónica Andía Flores

<div><p class="Els-Abstract-head">Resumen</p></div><p class="Els-body-text">Definir y evaluar la felicidad es y ha sido una búsqueda permanente del ser humano, relacionarla con el bienestar económico vinculado a la capacidad material por satisfacer las necesidades, es el paradigma actual, sin embargo, la disparidad entre indicadores económicos que ostenta nuestro país y resultados negativos de mediciones sobre niveles de felicidad, invitan al análisis de la percepción de felicidad y su vinculación con el bienestar material, en tal sentido esta investigación se propuso responder ¿Cuál es el nivel de felicidad de docentes y alumnos de la Escuela Profesional de Administración de la Universidad Nacional del Altiplano Puno en el 2014?; el método de investigación fue cuali-cuantitativo, descriptivo, aplicado sobre una población de 670 alumnos y<em> </em><em>29 docentes,</em> utilizando como instrumentos de evaluación al Índice de Felicidad Global, Better Life Index, y la escala de afectos positivos y negativos; como instrumento de recolección de datos, a componentes de servicio integrado Google Drive función formulario y la red social Facebook, abordando a conclusiones referente a los estudiantes como que: a pesar de una condición económica negativa pasada y presente, estos se encuentran en una puntuación media y media alta, traducida en una percepción que va desde una ligera satisfacción, hasta una declaración de bastante felicidad, evaluando su vida, bajo una apreciación más positiva que negativa, con alto impulso por mejorar sus condiciones futuras; estos resultados apoyan las críticas al sistema de medición basados en criterios económicos y se encuentra en armonía con el desarrollo de nuevos esquemas que ponderan el bienestar y satisfacción bajo perspectivas más integrales y sostenibles del bienestar; por tanto la medición del ingreso es insuficiente para evaluar el grado de felicidad de las personas, existiendo otros factores que inciden en dicha medición.</p><div><p class="Els-keywords"> </p></div><p>Abstract.</p><p> </p><p>Define and evaluate the happiness is and has been a lifelong pursuit of human being, and to relate it to the economic well being linked to the ability to meet the material needs, is the current paradigm, however, the disparity between economic indicators that holds our country and negative results of measurements on levels of happiness, they invite to the analysis of the perception of happiness and its link with the material well-being, this research is proposed respond What is the level of happiness of teachers and students in the Professional School of Management at the National University of the Altiplano Puno in the 2014 ?; the research method was qualitative-quantitative, descriptive, applied on a population of 670 students and 29 teachers, using As assessment tools for the Global Index of Happiness, Better Life Index, and the scale of positive and negative emotions; as an instrument of data collection, to components of integrated service Google Drive function form and the social network Facebook, coming to conclusions concerning the students how to: in spite of an economic condition negative past and present, these are found in an average score and a half high, translated in a perception that goes from a slight satisfaction, up to a declaration of quite happiness, evaluating its life under a appreciation more positive than negative, with high momentum to improve their future conditions; these results support the criticism of the system of measurement based on economic criteria and is in harmony With the development of new schemes to weigh the well-being and satisfaction under perspectives more integrated and sustainable welfare; therefore the measurement of income is insufficient to assess the degree of happiness of the people, still other factors that affect the measurement.</p>


2021 ◽  
Vol 10 (2, special issue) ◽  
pp. 290-299
Author(s):  
Adrino Mazenda ◽  
Priviledge Cheteni

An effective governance structure is central to growth, sustainable development and equal income distribution (economic welfare) (Glass & Newig, 2020). Brazil-Russia-India-China-South Africa (BRICS) countries differ in governance structure with varying outcomes on economic welfare. This article explores the extent to which governance impacts economic welfare in BRICS countries viewed as an emerging powerhouse, with significant growth prospects — yet distinct in their governance systems, and income variability amongst its population. The article utilised panel static models (pooled ordinary least squares (OLS) and fixed effects (FEs) estimator) from 1996 to 2019 to investigate the effects of governance proxied by the World Bank World Governance Indicators (WGI) on economic welfare (proxied from two channels): quantitative (output stock/economic growth) and qualitative (reduced income inequality). The two channels combine the ordinary measure of welfare: gross domestic product (GDP), a proxy for economic growth, household and income distribution, and a proxy for income inequality drawing (Heys, 2019). The findings revealed that governance produced varying results on the economic welfare in BRICS. Democratic countries which practise good governance principles (South Africa and Brazil) had a negative economic welfare effect from both channels compared to one-party states, such as China and Russia. Therefore, the findings invalidate the null hypothesis that good governance is a catalyst for economic welfare. Sound policies, especially on structural change and equitable income distribution are necessary to enhance economic welfare in BRICS countries. The article is relevant and discloses iterations of the distinction between good governance and sound policy implications on developing nations’ economic welfare.


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