scholarly journals EVOLUTION OF WELLBEING THEORIES IN THE POSTULATES OF ECONOMIC SCHOOLS AND CONCEPTS

2020 ◽  
Vol 1(13) ◽  
pp. 17-22
Author(s):  
Iryna M. Hrynchyshyn ◽  
◽  
Keyword(s):  
Quality Of Life ◽  
Economic Growth ◽  
Economic Development ◽  
Regional Development ◽  
Human Development ◽  
Local Economic Development ◽  
Local Development ◽  
Well Being ◽  
Endogenous Development

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

scholarly journals Foreign Economic Development: The Need and How Well It Is Being Met

1970 ◽  
Vol 2 (1) ◽  
pp. 53-59
Author(s):  
Ralph K. Davidson
Keyword(s):  
Quality Of Life ◽  
Economic Development ◽  
Gross National Product ◽  
Well Being ◽  
Developed Countries ◽  
Land Area ◽  
The People ◽  
Per Capita ◽  
Ultimate Objective

Today, the need for economic development is self-evident to the millions of people in Asia, Africa and Latin America who suffer from malnutrition, are ill-housed, poorly educated, and either unemployed or grossly underemployed. The ultimate objective of economic development is to raise the standard of life – the quality of life - for the mass of the people, to widen their area of choice, to open up new opportunities for human well-being. The less developed countries have two-thirds of the 3.5 billion people but receive only 12.5 percent of the world's gross national product. Life appears to be an economic treadmill with the future blighted by an excessive rate of population growth for millions of people. India provides a good illustration of the problem. With an estimated population of 525 million at mid-1968, India had 15 percent of the world's population, 2.4 percent of the world's land area, hardly 2 percent of the world's income, and an annual per capita income level of around $75.

Urbanization and Socio-Economic Growth in South Asia Region

2018 ◽  
pp. 843-867
Author(s):  
Jyoti Chandiramani ◽  
Aanchal Airy
Keyword(s):  
Quality Of Life ◽  
Economic Growth ◽  
South Asia ◽  
Human Development ◽  
World Bank Report ◽  
The People ◽  
Sustainable Urbanization ◽  
The World ◽  
Large Investment

Urbanization in the South Asia Region (SAR) stood at 34% (2014) and is relatively sluggish when compared to that of the World at 54%. The World Urbanization Prospects (2014) and World Bank Report (2016) reveals that the future urbanization globally will be concentrated in Asia and predominantly in the select countries of SAR - Bangladesh, India and Pakistan. The chapter analyses the demographic and socio-economic characteristics of the select countries, which are indicative of the quality of life of citizens, benchmarking it with that of Asia and the world. The analysis reveals the slow, messy and hidden nature of urbanization in the region which is required to be addressed. The conclusions recommend large investment and policy imperatives which should bring about sustainable urbanization ensuring basic urban services resulting in improved demographics, Human Development Indices and other socio-economic characteristics of the people in the region.

scholarly journals Sustainable Local Economic Development in Tanzania: Exploring Economic Challenges in Growing the Economy

2021 ◽  
Vol 11 (2) ◽  
Author(s):  
Kaihula P. Bishagazi
Keyword(s):  
Economic Growth ◽  
Economic Development ◽  
Local Economic Development ◽  
Local Development ◽  
Economic Policies ◽  
Economic Activities ◽  
Top Down ◽  
Growth Center ◽  
The Government

The failure of macro-economic policies to deliver meaningful reductions in poverty and achieve basic needs in Tanzania has provoked a deep questioning of the relevance of economic growth center policies in Local Economic Development (LED). The government and development partners are increasingly shifting from the traditional top down approaches to the all-inclusive bottom up approaches for effective local development. The concept of sustainable Local Economic Development is thus examined in the context of economic activities and challenges using a case study of Shinyanga region in Tanzania. 

Urbanization and Socio-Economic Growth in South Asia Region

2018 ◽  
pp. 130-154
Author(s):  
Jyoti Chandiramani ◽  
Aanchal Airy
Keyword(s):  
Quality Of Life ◽  
Economic Growth ◽  
South Asia ◽  
Human Development ◽  
World Bank Report ◽  
The People ◽  
Sustainable Urbanization ◽  
The World ◽  
Large Investment

Urbanization in the South Asia Region (SAR) stood at 34% (2014) and is relatively sluggish when compared to that of the World at 54%. The World Urbanization Prospects (2014) and World Bank Report (2016) reveals that the future urbanization globally will be concentrated in Asia and predominantly in the select countries of SAR - Bangladesh, India and Pakistan. The chapter analyses the demographic and socio-economic characteristics of the select countries, which are indicative of the quality of life of citizens, benchmarking it with that of Asia and the world. The analysis reveals the slow, messy and hidden nature of urbanization in the region which is required to be addressed. The conclusions recommend large investment and policy imperatives which should bring about sustainable urbanization ensuring basic urban services resulting in improved demographics, Human Development Indices and other socio-economic characteristics of the people in the region.

Slow Tourism in Low-Density Territories

2022 ◽  
pp. 106-130
Author(s):  
Mafalda Marques ◽  
João Reis
Keyword(s):  
Quality Of Life ◽  
Local Development ◽  
Tourism Development ◽  
Well Being ◽  
Host Community ◽  
Low Density ◽  
Positive Effects ◽  
Serra Da Estrela ◽  
To Receive

This research focuses on slow tourism in low-density areas of Beiras and Serra da Estrela, Portugal, and explores how these genuine and authentic spaces can become attractive for tourism development. Compared to visitors who travel to a destination to visit as many attractions as possible in the shortest time, slow tourists refuse to be treated as a number and seek to receive from and give to their destination in the same proportion. Their involvement in a host community, practiced in a personalized, deep, and informed way, contributes to their well-being. The community's inhabitants recognize that their cultural identity is valued, feel motivated to serve as ambassadors, and note that tourist activities can lead to improvements in their quality of life. This research includes the results of interviews, a benchmarking in Italy, and an analysis of a village tourism. The findings reveal the opportunities they hold for slow tourism, with very positive effects for local development.

Indian Economy after Independence

2020 ◽  
pp. 317-342
Author(s):  
Tirthankar Roy
Keyword(s):  
Quality Of Life ◽  
Economic Growth ◽  
Human Development ◽  
Political System ◽  
Economic Change ◽  
Income Growth ◽  
The Political ◽  
Indian Economy ◽  
And Shifts

Chapter 13 surveys economic change and shifts in the political context of economic change in the Indian Union, 1950–2010. Based on the survey, the chapter answers three larger questions. First, why was economic growth relatively low in the first 35 years after the end of colonialism, and why was there a turnaround in the pace of economic change in the 1980s? Second, why did human development lag achievements in income growth after the turnaround? If the quality of life failed to improve enough, then a third question follows, why did the democratic political system survive at all if it did not fairly distribute the benefits from growth?

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