scholarly journals Globalisation, Unemployment, and Poverty: The Need for a New Perspective on Social Protection in Malaysia

2020 ◽  
Author(s):  
A.H. Roslan ◽  
M.M. Mustafa
Keyword(s):  
Economic Growth ◽  
Social Protection ◽  
Social Values ◽  
Global Market ◽  
Standard Of Living ◽  
Role Of Government ◽  
New Perspective ◽  
The Impact

The integration of an economy to the global market, even when it leads to a higher standard of living, usually results in economic uncertainties and insecurity, as well as eroding social values and traditions of the society. Some people may gain, while some others may lose out from it, which may cause distributive conflicts to emerge. The economic uncertainties and insecurity, as well as the distributive conflicts that arise from globalisation, could disrupt the economy from securing the benefits of globalisation, and consequently could pose an impediment to economic growth. Hence, some scholars has argued that globalisation also increases the demand for greater role of government to stabilise the economy in terms of providing adequate social protection, if the benefits from globalisation are to be realised. This paper attempts to examine the impact of globalisation on the welfare of the Malaysian society, particularly on unemployment and poverty, and discusses the issues and challenges with regards to the provision of social protection in Malaysia. The paper argues that Malaysia needs a new perspective on social protection, as the existing institutions are deemed inadequate in providing protection to the society in the globalised economy.  

Robert J. Gordon, The Rise and Fall of American Growth: The U.S. Standard of Living since the Civil War.

2017 ◽  
Vol 91 (1) ◽  
pp. 169-173
Author(s):  
Gary Cross
Keyword(s):  
Combustion Engine ◽  
Living Standards ◽  
Standard Of Living ◽  
Role Of Government ◽  
Business Innovation ◽  
Economic Stagnation ◽  
History Of ◽  
The Impact ◽  
Bold Claim

By now many of you have heard about, considered reading (if not deterred by its 762-page girth), and even dipped into Robert Gordon's The Rise and Fall of American Growth. This tome well deserves the attention that it has received for addressing a burning issue today: economic stagnation and its origins. Taking the long view with both summary statistics of trends in growth between 1870 and the present, but also with an amazing variety of graphs and charts detailing patterns of growth in a wide variety of industries, Gordon chronicles the impact of the second and third industrializations. His oft-repeated argument is simple, that growth was revolutionary in the history of humanity in the century after 1870, resulting from the effects of the second industrialization (launched by electricity and the internal combustion engine especially), and raising living standards in profound but unrepeatable ways. Though he finds the 1920s to 1970 to be most dramatic in growth rates (especially resulting from technology and innovation measured by total factor productivity [TFP]—accounting for growth outside resource inputs), after 1970 that productivity was barely a third of the previous century despite the digitalization of the third industrialization, which contributes only 7 percent of gross domestic product (GDP). This lag is especially evident since 2004 with no reasonable prospects for reversal, and the decline in the rate of growth has been accompanied by increasing income inequality with demographic lags and other “headwinds” further threatening growth. The argument is predominately based on technological change, though Gordon recognizes the role of government and even unions (in raising wages) and less often business innovation in advancing growth. Much of the book's reception has been shaped by economists and economic historians addressing this bold claim, and it has been compared with Thomas Piketty's even more ambitious work on the trend toward inequality.

scholarly journals Public borrowing and their impact on growth of public well-being

KANT ◽  
2021 ◽  
Vol 38 (1) ◽  
pp. 37-41
Author(s):  
Olga Yrievna Kuzmina ◽  
Maria Eugenievna Konovalova ◽  
Anton Valerievich Kravchenko
Keyword(s):  
Economic Growth ◽  
Social Welfare ◽  
Economic System ◽  
Well Being ◽  
Standard Of Living ◽  
Slow Increase ◽  
Role Of Government ◽  
The Social ◽  
Market Relations

The article is devoted to the study of the role of government borrowing in the system of modern market relations, in which the search for tools to maintain or increase the social welfare of citizens is one of the urgent issues. In conditions of weak economic growth and a slow increase in the standard of living of the population, one of the most significant ways to activate economic growth is precisely the amount of funds raised by the state for solving key social problems. As part of the study, an analysis of internal and external government borrowings of the Russian economic system was carried out, using the tools of the theory of probability and mathematical statistics, the degree of influence of government debt on macroeconomic development was revealed, and ways to optimize government borrowing were proposed.

Economic behavior of households and their welfare: models and forms of interaction

2020 ◽  
pp. 3-8
Author(s):  
Maryana Bil ◽  
Olha Mulska
Keyword(s):  
Economic Growth ◽  
Social Protection ◽  
Well Being ◽  
Central Place ◽  
Economic Behavior ◽  
Human Potential ◽  
Modern Theory ◽  
Economic Behaviour ◽  
Theoretical Approaches ◽  
The Impact

The article defines the content of welfare as a measure of socially oriented efficiency of economic growth, which reflects the appropriate level of providing the population with material and spiritual goods with the formation of favourable conditions for human development and capitalization of human potential in a competitive mobile space. The modern theory of welfare testifies to the deepening of scientific discussions on the transformation of economic welfare into mobile and inclusive, as well as the opposition of competitive and social protection welfare policy. Another milestone in the evolution of welfare theory is the individualization of its provision. Conditions of competition and mobility increase the importance of households in providing their well-being with further reflection on the processes of economic growth of the community, region, and state. This gives grounds to actualize the issues of household welfare research and strengthening economic growth based on behavioural economics. The needs, interests, motives, and incentives determine the economic behaviour of households. At higher levels, it defines an economic culture that is closely linked to the national mentality. In this regard, the main models of economic and social behaviour of households – socialization, adaptation, integration, values, regulation, and the definition of financial development strategies are outlined. Theoretical approaches to the explanation of economic behaviour are generalized, namely religious-ethical, psychological, substantive theories, theories of motivations and acquired needs, process theories, theories of justice, and others. Based on the ideas of foreign scientists, the main determinants of the economic policy of households are proposed. Political, stabilizing, and economic determinants are distinguished in the group of general determinants. In the group of determinants directly related to households, the financial, demographic, cultural, social, empirical, and psychological are suggested. The author’s emphasis is placed on the importance of the impact of financial determinants of the households’ economic behaviour, the central place among which is occupied by savings.

A New Perspective for Understanding School Managers’ Roles: The Impact of Principals’ Boundary Activities on the Effectiveness of School Management Teams

2018 ◽  
Vol 120 (3) ◽  
pp. 1-40
Author(s):  
Pascale Benoliel ◽  
Anit Somech
Keyword(s):  
Public Schools ◽  
School Leadership ◽  
Structural Equation ◽  
Equation Model ◽  
Management Teams ◽  
Role Performance ◽  
New Perspective ◽  
Mean Differences ◽  
The Impact

Background/Context Increasingly, educational leadership research has stressed that leadership is not solely embedded in formal roles but often emerges from relationships between individuals. Senior management teams (SMTs) are an important expression of a formal management structure based on the principle of distributed leadership. Such structures may require a reconceptualization of school leadership and the role of the principal in such a way as to better meet new challenges and enable principals to manage SMTs more effectively. Accordingly, it is proposed that to improve effectiveness, principals engage in boundary activities, the principals’ internal activities directed toward the SMT aimed at dealing with internal team matters and the principals’ external activities directed toward external agents in the team's focal environment to acquire resources and protect the team. Purpose/Objective The present study attempts to advance a theoretical model of principals’ internal and external activities toward their SMTs. This study's purpose is twofold: First, the study tries to determine which of the internal and external activities principals engage in more frequently and less frequently and to what extent. Second, the study attempts to determine how these activities are related to the SMT effectiveness outcomes: in-role performance and innovation. Taking on a distributive perspective to school leadership, our goal is to extend our knowledge about the activities that might facilitate SMT effectiveness, by highlighting the principal boundary activities as fundamental. Research Design Quantitative study. Data Collection and Analysis Data were collected from two sources to minimize problems associated with same source bias: 92 SMTs and their principals from 92 public schools in Israel. Principals evaluated the SMTs’ effectiveness through validated surveys of team in-role performance and team innovation, and SMT members evaluated the internal and external activities of the principal. Findings/Results ANOVA analyses indicate significant mean differences between the principal's internal and external activities. Results from Structural Equation Model indicate that internal activities were related to SMT performance, whereas external activities were related to SMT innovation. Conclusions/Recommendations Principals who manage both the internal SMT dynamic by promoting SMT identity and building team trust, while also promoting a common mission, serve the role of coordinator between SMT members and constituencies external to the SMT, enhancing SMT effectiveness. It may be, then, that studying new models of school leadership and management, including the relationship of the principal and the SMT, may deepen our understanding of the increasingly complex role of principals today.

scholarly journals The Relationship between Team Hometown Diversity and Team Creativity: From the Chinese Perspective

2018 ◽  
Vol 10 (10) ◽  
pp. 3458
Author(s):  
Jingli Li ◽  
Min Zhao ◽  
Guanjun Xia ◽  
Chao Liu
Keyword(s):  
Information Exchange ◽  
Mediation Effect ◽  
Team Leaders ◽  
Team Creativity ◽  
Team Members ◽  
Chinese Perspective ◽  
New Perspective ◽  
The Impact ◽  
The Relationship

Since no specialized work has researched the relationship between team members’ hometown diversity (team hometown diversity) and team creativity, we investigated their underlying relationship by conducting a two-wave survey from 304 employees in 54 teams and 54 team leaders from 17 companies. The results proved that team hometown diversity was negatively related to both team information exchange and team creativity, while team information exchange was significantly positively associated with team creativity and the mediation effect of team information exchange between team hometown diversity and team creativity was verified. The moderation role of team identification in the relationship between team hometown diversity and team information exchange as well as the moderation function of team conformity on the relationship between team information exchange and team creativity were both verified. This work made at least four contributions. Firstly, it was among the first to research the impact of team hometown diversity on team creativity, which supplemented the gap and provided a new perspective for exploration of team creativity in future. Secondly, we adopted a two-wave design to check the dynamic impact of earlier team information exchange and team conformity on team creativity afterwards, which can be replicated for future studies. Thirdly, by using supervisor and subordinate ratings together and conducting electronic and paper surveys together, the results were more persuasive. Finally, we included a large dataset from a broad range of companies, which maximized the variables and generated our results. The implications and limitations were also illustrated.

UNDERSTANDING THE GREY ENTREPRENEUR

2004 ◽  
Vol 12 (02) ◽  
pp. 147-164 ◽  
Author(s):  
PAULL WEBER ◽  
MICHAEL SCHAPER
Keyword(s):  
Female Entrepreneurs ◽  
Role Of Government ◽  
Related Data ◽  
Age Related ◽  
Individual Enterprise ◽  
Management Experience ◽  
Productive Ageing ◽  
Developed World ◽  
The Impact

Demographic trends in the developed world indicate that older entrepreneurs will play an increasingly important part of economic activity as populations age, yet this cohort has been largely ignored in entrepreneurship research. This paper provides an overview of current research about the so-called "grey entrepreneur" (also known as senior, older, third age or elderly entrepreneurs), drawing on research from a number of nations. The extant literature indicates that a majority of older entrepreneurs are male, although the number of older female entrepreneurs is increasing; they are also less likely to possess formal educational qualifications than younger entrepreneurs. Some of the advantages that such entrepreneurs possess include greater levels of technical, industrial and management experience; superior personal networks; and a stronger financial asset base. Some of the disadvantages or potential barriers faced by older entrepreneurs can include lower levels of health, energy and productivity; ageism; and the value that his or her society places on active ("productive") ageing. Numerous issues still remain to be investigated in this field of research. These include the differences between younger and older entrepreneurs; their motives and success criteria; the impact of financial, knowledge and other resources on venturing behaviour; the role of government policies in fostering or hampering individual enterprise; and the significance of cultural differences amongst older entrepreneurs. Research in this field is currently also hampered by a multiplicity of terms and definitions, a lack of age-related data about different entrepreneurial cohorts, and the problems inherent in operationalising the concept of the "grey entrepreneur."

scholarly journals Impact of National Economic Empowerment and Development Strategy (NEEDS) on the Private Sector: A Case Study of Power Sector

2014 ◽  
Vol 4 (3) ◽  
pp. 144
Author(s):  
Modinat Olaitan Olusoji ◽  
Olusegun O. Oloba
Keyword(s):  
Private Sector ◽  
Development Strategy ◽  
Power Supply ◽  
Policy Formulation ◽  
Economic Empowerment ◽  
Power Sector ◽  
Role Of Government ◽  
National Economic ◽  
The Impact

The paper examines the impact of the National Economic Empowerment and Development Strategy (NEEDS) on the private sector by looking at the contribution the power sector had made in realizing the goal of making private enterprise the engine of growth in Nigeria. NEEDS reform is to  transform the power sector into one led by the private sector, with the role of government  restricted primarily in policy formulation and establishment of an appropriate legal and regulatory framework.  The paper discusses among many things: an overview of power supply in Nigeria; the effect of power sector on private sectors; challenges of the sector; as well as the ways forward. The paper concludes that there is   need to put concerted effort to generate adequate power supply to enable the private sector thrives and serves as engine of growth in Nigeria.

scholarly journals Interlinkages between Urbanization and Climate Change: Identifying and Understanding the Challenges and the Prospects

2020 ◽  
Vol 31 (3) ◽  
pp. 285-300
Author(s):  
Abhinav Alakshendra ◽  
Arjun Kumar ◽  
Simi Mehta
Keyword(s):  
Climate Change ◽  
Urban Governance ◽  
Institutional Reforms ◽  
Rapid Urbanization ◽  
Role Of Government ◽  
Government Organizations ◽  
Urban Service ◽  
The Government ◽  
The Impact

India is urbanizing at an alarming rate and the impact of climate change is becoming more visible each passing day. The rapid urbanization and climate change have severe direct and indirect consequences, such as increasing poverty, inequality, massive displacement, public health concerns, and challenges of urban governance, among others. This paper identifies some of the most pressing issues faced by urban India in the context of climate change. It also details the interventions undertaken at the local, national, and international levels to counter the effect of the climate change. In addition, it critically evaluates the role of government organizations, especially in terms of undertaking regulatory and planning functions. The paper argues that the implementation of institutional reforms would enable the government to reach out to the private sector to improve urban service delivery. It also provides examples of best practices from India and the world in combating climate change through adaptation and mitigation approaches.Abstrak. India mengalami urbanisasi pada tingkat yang mengkhawatirkan dan dampak perubahan iklim menjadi terlihat setiap hari. Urbanisasi yang cepat dan perubahan iklim memiliki konsekuensi langsung dan tidak langsung yang parah, seperti antara lain meningkatnya kemiskinan, ketimpangan, pengungsian besar-besaran, masalah kesehatan masyarakat, dan tantangan tata kelola kota. Makalah ini mengidentifikasi beberapa masalah paling mendesak yang dihadapi oleh perkotaan India dalam konteks perubahan iklim. Makalah ini juga merinci intervensi yang dilakukan di tingkat lokal, nasional, dan internasional untuk melawan dampak perubahan iklim. Selain itu, secara kritis makalah ini mengevaluasi peran organisasi pemerintah, terutama dalam menjalankan fungsi pengaturan dan perencanaan. Makalah ini berpendapat bahwa pelaksanaan reformasi kelembagaan akan memungkinkan pemerintah menjangkau sektor swasta untuk membantu meningkatkan pelayanan perkotaan. Makalah ini juga memberikan contoh praktik terbaik dari India dan dunia dalam memerangi perubahan iklim melalui pendekatan adaptasi dan mitigasi.Kata kunci. Urbanisasi, perubahan iklim, keterkaitan, tata kelola kota, mitigasi.

scholarly journals Standard of living, quality of life and per capita GDP: a South African experience

2013 ◽  
Vol 11 (1) ◽  
pp. 882-889 ◽  
Author(s):  
Raphael Tabani Mpofu
Keyword(s):  
Quality Of Life ◽  
South Africa ◽  
Human Development ◽  
Government Spending ◽  
Government Expenditure ◽  
Standard Of Living ◽  
Role Of Government ◽  
Per Capita

This study looked at the phenomenon of the quality of life (QoL) as measured by the Human Development Index (HDI), which is a composite statistic used to rank countries by the level of “human development”. Measuring and determining what is QoL is not an easy task. In this study, using HDI as the yardstick for QoL, the concepts of standard of living and per capita income were examined closely in relation to the role of government in its public expenditure programmes and how these programmes in turn influenced QoL. This research question was seen as the key to addressing the phenomenon of QoL. In particular, the role of government expenditure on health and education seems to signify the commitment of a government in improving the HDI or QoL. Using data on government expenditure of South Africa for the period 1995 to 2011, the relationships amongst these variables were examined. The findings indicate that there seems to be a significant correlation between HDI and government spending on health and education as a percentage of GDP, but there seems to be of no significance to include the variable government spending on health and education as a percentage of total government spending. The findings tell us that between 1995 and 2011, government spending on education as a percentage of GDP has had a positive impact on HDI. However, government spending on health as a percentage of GDP has had a retarding effect as shown by the negative coefficient of variation. It then implies that for South Africa to realize the MDG goals and improve on the HDI, public spending on health as a percentage of GDP needs to be significantly increased.

scholarly journals Assessment of the impact of the COVID-19 pandemic on the poverty of households

2021 ◽  
Vol 11/1 (-) ◽  
pp. 37-39
Author(s):  
Olena POSHYVALOVA
Keyword(s):  
Economic Impact ◽  
Social Protection ◽  
Economic Implications ◽  
Exogenous Shocks ◽  
Proposed Model ◽  
The Social ◽  
National Economies ◽  
The Impact ◽  
Information Basis

Introduction. The COVID-19 pandemic has caused grave and severe losses in many of the economies across the globe. The impact and the duration of the economic crisis occurring due to the pandemic among certain households is difficult to anticipate since the indeterminacy is being defined through the duration of the crisis and costs for the recovery of the economy. The purpose of the paper is to study theoretical aspects related to the assessment of the impact of the COVID-19 pandemic on the poverty of households. Methods. The theoretical and methodological basis of the study are modern theories, concepts, hypotheses. Comparative analysis is used. The methodological and information basis of the work are scientific works, materials of periodicals, information resources. Results. The paper incorporates a content analysis of studies focusing on the economic impact of the COVID-19 on the development of national economies. The majority of studies assess economic implications of the COVID-19 however they are concentrated on the macroeconomic and financial impact of the Corona Crisis. The impact on national economies is subsequently reduced to the microlevel, specifically the social and economic impact on individuals. Nonetheless, there is a need for a microanalysis which may better describe the interrelation between sectors and countries (the effect of macroeconomic aggregate indicators) and supplement the macroanalysis, providing more relevant evaluations of the impact of the distribution of income, outline the authorities of households, the role of people's savings, determine the resilience of households. The work establishes main assumptions and restrictions of formulating the model of impact of social and economic implications of the COVID-19 pandemic on the poverty of households Conclusion. Taking into consideration the distribution of incomes for various sectors, the proposed model allows to ensure the assessment of losses in the consumption of households, savings depletion and time for their recovery. It has been proven that without the social protection of the population the Corona Crisis will lead to a massive economic shock for the national economy. Prospects of further studies lie in the assessment of the impact of indirect macro-level factors, role of indeterminacy in the decision-making of households and implications in case of numerous waves of social crisis as well as the possible effect in the condition of concurrent exogenous shocks.

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