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.

scholarly journals Remittances and Quality of Life of Emigrant Families in Kerala

2016 ◽  
Vol 2 (02) ◽  
Author(s):  
RUKSANA. M.M. ◽  
Dr. K. GANGADHARAN
Keyword(s):  
Quality Of Life ◽  
Economic Development ◽  
Developed Countries ◽  
Living Standards ◽  
Survey Report ◽  
The People ◽  
Unskilled Labour ◽  
The Developed Countries ◽  
The Impact

International migration has an important role in the economic development of every economy.In Kerala, most of the people prefer to emigrate for skilled and unskilled labour to the developed countries to improve the living standards oftheir families.According to Kerala Migration Survey Report, forevery 100 households in the state, there were 29.3 emigrants in 2014and the number of emigrants has increased graduallyover the years, from13.6 lakhs in 1998 to 24.0 lakhs in 2014.Kerala is receiving an increasing amount of money from abroad as workers’ remittances and total remittancesto Kerala in 2014 was estimated to be Rs71,142 crores.Remittances per household were Rs 86,843 in 2014 compared to Rs. 63,315 in 2011 and Rs. 57,227 in2008.The present study is to find out trend and growthof household remittance in Kerala and to analyze the impact of these remittance to the living standards of emigrant families.

scholarly journals The problems of optimization the quality of life in modern Russia through the prism of economic theory and practice

2018 ◽  
Vol 80 (3) ◽  
pp. 386-391
Author(s):  
T. A. Nekrasova
Keyword(s):  
Quality Of Life ◽  
Economic Development ◽  
Well Being ◽  
Developed Countries ◽  
Theory And Practice ◽  
Human Potential ◽  
Subsistence Level ◽  
Structural Problems ◽  
Social And Economic Development

The article deals with theoretical and economic, social and practical aspects of improving the quality of life as a target criterion for the development of modern Russia. Approved in 2008, "The Concept of Long-Term Social and Economic Development of the Russian Federation for the Period to 2020" contains tasks to achieve high standards of human well-being and social well-being, the formation of a leadership and innovation economy, the expansion of economic freedom and maintenance of social justice, the transition to an innovative socially-oriented type of development. The transition from a resource-resource model of the economy to an innovation requires the development of human potential and the improvement of the quality of life of the population at the level of indicators characteristic of developed countries. In the article, a comparative analysis of the target targets for the development of human potential established by the Concept was carried out, with their actual values published by the Federal Service for State Statistics: the average annual increase in the gross domestic product, the population with cash incomes below the subsistence level, public spending on education, public expenditure on health , the dynamics of the coefficient of funds. The conducted analysis showed that the considered indicators of the development of human potential and the quality of life of the population have not been achieved at present. This is due to unfavorable external and internal factors affecting the Russian economy. The decline in oil prices and the imposition of sanctions against Russia exacerbated structural problems in the economy, which resulted in 2014-2016. to a depreciation of the national currency, an increase in inflation, a decrease in consumer demand, an outflow of capital and a fall in real incomes of the population. Thus, it is necessary to adjust the Concept of Russia's social and economic development taking into account the prevailing macroeconomic situation.

scholarly journals Towards a Comprehensive Framework of the Relationships between Resource Footprints, Quality of Life, and Economic Development

2020 ◽  
Vol 12 (11) ◽  
pp. 4734 ◽  
Author(s):  
Stefan Cibulka ◽  
Stefan Giljum
Keyword(s):  
Quality Of Life ◽  
Sustainable Development ◽  
Economic Development ◽  
Social Boundaries ◽  
Gdp Per Capita ◽  
Environmental Implications ◽  
Per Capita ◽  
Comprehensive Framework ◽  
The Relationship

The relationship between economic affluence, quality of life, and environmental implications of production and consumption activities is a recurring issue in sustainability discussions. A number of studies examined selected relationships, but the general implications for future development options to achieve environmentally and socially sustainable development of countries at different levels of per capita resource footprints, quality of life, and income have not yet been investigated in detail. In this study, we use a global dataset with 173 countries to assess the overall relationship between resource footprints, quality of life, and economic development over the period of 1990–2015. We select the material footprint and carbon footprint and contrast them with the Human Development Index, the Happiness Index, and GDP per capita. Regression analyses show that the relationship between various resource footprints and quality of life generally follows a logarithmic path of development, while resource footprints and GDP per capita are linearly connected. From the empirical results, we derive a generalized path of development and cluster countries along this path. Within this comprehensive framework, we discuss options to change the path to respect planetary and social boundaries through a combination of resource efficiency increases, substitution of industries and sufficiency of consumption. We conclude that decoupling and green growth will not realize sustainable development if planetary boundaries have already been transgressed.

scholarly journals Measurement of Quality of Life in Spanish Regions

2020 ◽  
Author(s):  
Manuel de Maya Matallana ◽  
María López-Martínez ◽  
Prudencio José Riquelme-Perea
Keyword(s):  
Quality Of Life ◽  
Distance Measure ◽  
Empirical Studies ◽  
Well Being ◽  
Academic Training ◽  
Subjective Well Being ◽  
Cultural Goods ◽  
Material Growth ◽  
Per Capita

Abstract The present paper measures quality of life through a set of dimensions included in the following partial indicators of objective well-being: demography, economic endowment, academic training, employment, health, cultural goods, environment, housing habitability, security and family. Additionally, and independently, subjective well-being is studied to measure the degree of happiness of the population. As a result, a quality of life indicator is obtained that combines both objective and subjective indicators. The methodology used corresponds to that provided by Pena Trapero through the distance measure DP2, which has been widely used in many empirical studies on well-being and quality of life. Among the results obtained, it is worth noting that happiness diminishes as per capita income grows, and that prosperity, understood as social welfare, can be achieved without relying exclusively on material growth. Thus, the Spanish development model must be revised since the material objectives and economic growth do not guarantee the happiness of the population.

A Convenient Truth?

2021 ◽  
pp. 9-41
Author(s):  
Peter Railton
Keyword(s):  
Climate Change ◽  
Quality Of Life ◽  
Political Behavior ◽  
Well Being ◽  
Developed Countries ◽  
Subjective Well Being ◽  
History Of ◽  
And Function ◽  
The Sacrifice

Justice would appear to require that those who are the principal beneficiaries of a history of economic and political behavior that has produced dramatic climate change bear a correspondingly large share of the costs of getting it under control. Yet a widespread material ideology of happiness suggests that this would require sacrificing “quality of life” in the most-developed countries—hardly a popular program. However, an empirically-grounded understanding of the nature and function of “subjective well-being”, and of the factors that most influence it, challenges this ideology and suggests instead that well-being in more-developed as well as less-developed societies could be improved consistently with sustainable resource-utilization. If right, this could refocus debates over climate change from the sacrifice of “quality of life” to the enhancement and more equitable distribution of well-being within a framework of sustainable relations with one another and with the rest of nature.

Identity, mood, and quality of life in people with early-stage dementia

2012 ◽  
Vol 24 (8) ◽  
pp. 1306-1315 ◽  
Author(s):  
Lisa S. Caddell ◽  
Linda Clare
Keyword(s):  
Quality Of Life ◽  
Positive Impact ◽  
Early Stage ◽  
Well Being ◽  
Cross Sectional ◽  
Early Stages ◽  
The People ◽  
People With Dementia ◽  
Relationship Of

ABSTRACTBackground: There is little empirical research regarding the relationships between identity and well-being in people with dementia. The aim of the study was to explore the relationship of identity with mood and quality of life (QoL) in the people in the early stages of dementia.Method: This was a cross-sectional questionnaire-based study. Fifty people in the early stages of dementia completed measures pertaining to different aspects of identity, mood, and QoL. Multiple regression analyses were carried out to determine whether it was possible to predict any of the variance in mood and QoL from aspects of identity.Results: It was possible to predict 12.8% of the variance in anxiety, 23.4% of the variance in depression, and 25.1% of the variance in QoL from different aspects of identity. Predictors varied for each dependent variable.Conclusions: Aspects of identity predict a modest proportion of the variance in anxiety, depression, and QoL. This suggests that supporting identity in people with dementia who are experiencing difficulties in this regard might have a positive impact on mood and QoL. However, the majority of the variance in mood and QoL must be accounted for by other variables.

scholarly journals Resources and capabilities in emerging countries: Which causality?

2019 ◽  
pp. 45-54
Author(s):  
Nechad Dr. Abdelhamid
Keyword(s):  
Quality Of Life ◽  
Developing Countries ◽  
Economic Development ◽  
Well Being ◽  
Emerging Countries ◽  
Economic Progress ◽  
Financial Difficulties ◽  
Resources And Capabilities ◽  
The Impact

The article deals with analysis of the observations and results that point to the contrast between useful-based and resource-based approaches and the possibilities-based approach, founded by Amartya Sina (Nobel Prize in Economics in 1998). Thus, a possibilities-based approach seeks to remedy the situation by focusing on the ability to achieve specific goals rather than on the means. The nature of real existence has always been of interest to social thinkers for centuries. If the current criteria of economic progress, reflected in a number of ‘turnkey’ statistics, are orientated on the growth of inanimate "comfort objects" (such as GNP and GDP in the basis of countless economic development studies), this focus can only be justified by the impact of these objects on human lives (that they directly or indirectly affect). The interest in replacing them with direct indicators of the quality of life, well-being and freedom that people enjoy is becoming more and more apparent. The article is presented in two parts. In the first part, we will try to highlight the imperfections of traditional currency indicators, as well as the difficulties of measuring various aspects of poverty, especially in developing countries such as Morocco. We argue that poverty is not simply an idea of the inadequacy of an individual's economic means, but rather a fundamental shortcoming that entails deprivations. The second part of the paper focuses on the reorientation of ability to explain the extent to which a possibilities-based approach could be the basis for assessing the level of financial difficulties rather than resource-focused income and wealth.

scholarly journals A Real Data-Driven Analytical Model to Predict Happiness

2021 ◽  
Author(s):  
Aditya Chakraborty ◽  
Chris P. Tsokos
Keyword(s):  
Quality Of Life ◽  
Risk Factors ◽  
Analytical Model ◽  
Well Being ◽  
Developed Countries ◽  
Data Driven ◽  
Individual Risk ◽  
Proposed Model ◽  
High Degree

Abstract Purpose: Philosophers and many modern-day researchers are convinced by the fact that the pursuit of happiness is the ultimate goal for humankind. Aristotle believed that the utmost goal of human life was eudaimonia (interpreted as “happiness,” “human flourishing,” or “a good life.”). Recently, many economists and physiologists have been doing applied research in the areas of subjective well-being (SWB) or happiness and trying to understand how it improves the quality of life of individual beings. Thus, searching for a data-driven analytical model is crucial to predict SWB and enhance the quality of lifeMethods: Our present study utilizes the world happiness database obtained from the Gallup World Poll on the happiness of 156 countries. However, our study focuses on using only the data of fifty-four developed countries, based on the human development index (HDI). We have developed a non-linear analytical model that predicts the average happiness score based on eleven risk factors with a high degree of accuracy. We also compared our analytical model with three other statistical models, and our model outperformed the rest of the three in terms of RMSE and MAE. Results: Our analytical model includes five important findings. The response of the proposed model is the average score of happiness of individuals in developed countries. In addition to predicting the happiness score, our model identifies the individual risk factors and their corre-sponding interactions that significantly contribute to happiness. We rank these risk factors by their percentage of contributions to the happiness score. We also proceed to rank the developed countries with respect to their predicted happiness score from our developed model. From our study, we found Finland being number one, followed by Denmark. The U.S is fifth and Romania being 54th.Conclusion: The proposed model offers other useful information on the subject area. Our ana-lytical model has been validated and tested to be of high quality, and our prediction of happiness is with a high degree of accuracy. We created a survey questionnaire (appendix 1) based on the data that can be used along with our model by any company for the strategic planning or decision making.

scholarly journals QUALITY OF LIFE ASSESSMENT BASED ON ECONOMIC WELLBEING PERSPECTIVE: A CASE STUDY OF JOHOR BAHRU AND PETALING, SELANGOR

2019 ◽  
Vol 17 ◽  
Author(s):  
Mariana Mohamed Osman ◽  
Nur Farhanah Rosli ◽  
Noor Suzilawati Rabe
Keyword(s):  
Quality Of Life ◽  
Well Being ◽  
Living Condition ◽  
Life Assessment ◽  
The People ◽  
Educational Satisfaction ◽  
Definition Of ◽  
The Individual

The definition of quality of life is varied. Different individuals may perceive the quality of life in a different form of other individuals. Over more than four decades, Malaysia has made remarkable achievements regarding its economic growth as well as its socio-economic development. Numerous factors have been identified that may influence the quality of life of the people according to their personal preferences. This article assessed the perception of 100 respondent's lives in two major cities in Malaysia namely Johor Bharu and Petaling. These cities are also the major district in Johor Darul Takzim and Selangor Darul Ehsan. These study also would be focusing on the economic well-being of the individual. The economic individual is economic capacity, transportation, living condition and educational satisfaction.

scholarly journals Mapping Basic Needs Economic Development, Progress and Sustainable Development at the Iberoamerican Region

2016 ◽  
Vol 7 (1) ◽  
pp. 54
Author(s):  
João Almeida Santos ◽  
Maria Cristina Sanches Amorim
Keyword(s):  
Quality Of Life ◽  
Sustainable Development ◽  
Economic Development ◽  
Strategic Planning ◽  
Food Quality ◽  
Food Production ◽  
Basic Needs ◽  
Developed Countries ◽  
Less Developed Countries

This article studies the performance of 132 countries ranked in 3 Regions –Iberoamerican Region( AIBER ), AVECO Region (more developed countries) and OTHERS Region(less developed countries ) analyzing indicators related to Basic Needs: Food, Water, Electricity,Energy. Basic Needs Conditions are closely interconnected, reflect development conditions, andmay be monitored and analyzed through a set of worldwide country indicators; so they may helpfor a Regional Diagnosis as well as for Developing Strategic Planning. As a matter of fact the studysuggests that even countries with low GDP may still improve food quality through increasedinvestment in food production; so that appropriate public policies may find ways that lead toimprove quality of life with food, water and energy where is more needed at The IberoamericanRegion. All this may Foster Sustainable Development locally and Globally speaking.

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