The quality of welfare spending, not just the quantity, influences household debt levels between countries. Welfare systems that focus spending on the elderly (high elderly-biased social spending index/EBiSS) correspond to lower borrowing among young people. Younger individuals in countries with more balanced welfare spending have more stable financial expectations, making them less risk-averse and more willing to take on long-term debt like mortgages. The author proposes studying the relationship between different types of welfare regimes and levels of household debt, including consumer credit.
Makes for interesting reading, whether you are in the industry or a consumer the message is clear: Funeral Planning should be on your list of things to do, whether you are 50 or 75!
Emotionally and financially it makes sense: Visit www.over50choices.co.uk for more.
HOW THE PANDEMIC DESTROYED OUR ‘SOCIAL CAPITAL’? A HOLISTIC REVIEWIAEME Publication
The COVID-19 pandemic shacked up our ability to work physically together, to solve complex problems in the field, and form initiatives that make up the new developments of our communities. This paper reviews how our social capital is being threatened, especially in unprecedented times. The research explores what challenges the pandemic and the new normal brought to our social capital, social mobility, social behaviours, while created an appreciation for our spiritual- and social being. The researcher investigates how our social capital values, and beliefs, besides our attitudes, have been affected by the changes in the social interactions that became more virtual since the outbreak. The implication of the paper carries early notes for mitigation against loss or destruction of social capital, which usually plays a puffer against collective social cognitive impairment. The paper concludes with recommendations and a scope for future framework that could help to bring initiatives that focus on citizens engagement, and optimising multidisciplinary thinking that targets the enhancement of future generations social networks capacity; taking in consideration the rise of aging populations.
As who lives in our rural communities changes, so too are the way these communities support themselves. As tax dollars shrink, the philanthropy community is finding itself being asked to play a bigger role.
Addresses US, South Dakota, and Sioux Falls area statistics involving nonprofits and their role in employment and the economy. Regulatory influences and public perception of nonprofits is also addressed.
Presented to the "Leadership Sioux Falls" group of the Sioux Falls Area Chamber of Commerce in April, 2013. This presentation has been made to many audiences in the past ten years, regularly updated.
Designed to give nonprofit professionals, volunteer board members, and community leaders perspective on the importance and reach of the nonprofit sector. Preparation for leaders to consider nonprofit board service in the larger context of economic development, employment, and governance duty.
Makes for interesting reading, whether you are in the industry or a consumer the message is clear: Funeral Planning should be on your list of things to do, whether you are 50 or 75!
Emotionally and financially it makes sense: Visit www.over50choices.co.uk for more.
HOW THE PANDEMIC DESTROYED OUR ‘SOCIAL CAPITAL’? A HOLISTIC REVIEWIAEME Publication
The COVID-19 pandemic shacked up our ability to work physically together, to solve complex problems in the field, and form initiatives that make up the new developments of our communities. This paper reviews how our social capital is being threatened, especially in unprecedented times. The research explores what challenges the pandemic and the new normal brought to our social capital, social mobility, social behaviours, while created an appreciation for our spiritual- and social being. The researcher investigates how our social capital values, and beliefs, besides our attitudes, have been affected by the changes in the social interactions that became more virtual since the outbreak. The implication of the paper carries early notes for mitigation against loss or destruction of social capital, which usually plays a puffer against collective social cognitive impairment. The paper concludes with recommendations and a scope for future framework that could help to bring initiatives that focus on citizens engagement, and optimising multidisciplinary thinking that targets the enhancement of future generations social networks capacity; taking in consideration the rise of aging populations.
As who lives in our rural communities changes, so too are the way these communities support themselves. As tax dollars shrink, the philanthropy community is finding itself being asked to play a bigger role.
Addresses US, South Dakota, and Sioux Falls area statistics involving nonprofits and their role in employment and the economy. Regulatory influences and public perception of nonprofits is also addressed.
Presented to the "Leadership Sioux Falls" group of the Sioux Falls Area Chamber of Commerce in April, 2013. This presentation has been made to many audiences in the past ten years, regularly updated.
Designed to give nonprofit professionals, volunteer board members, and community leaders perspective on the importance and reach of the nonprofit sector. Preparation for leaders to consider nonprofit board service in the larger context of economic development, employment, and governance duty.
The roots of our crisis presentation to the thunderbird school of global mana...Prabhu Guptara
Explores globlal trends to identify the roots of the current crisis, as well as to promote some possible solutions which have the potential to carry the day.
Generational Equity and its professionals work with middle-market business owners who are contemplating a sale or seeking merger and acquisition opportunities. We assist owners in all areas of stock or asset sales, mergers, or divestitures. Our highly experienced Merger and Acquisition specialists provide insight and strategies on such matters as: When is the right time to sell? Should all or part of the business be sold? Is the company ready for sale, or should the focus be on building value for a future sale?
A Tropical Island Retirement - A Resource GuideNoreen Whysel
I created a research guide for my LIS course on Information Services and Resources. Since I was coming to the end of a very jam-packed semester and also was recovering from a rather brutal respiratory virus, I decided to do my project on tropical island retirement. As it happens it was not all dreams of leisure. There are a number of legal, financial and psychological considerations around retiring, whether your destination includes the tropics or not.
SOCIAL CAPITAL ROLE IN ADDRESSING AGING PARENTS LONELINESSIAEME Publication
The challenges of caring for aging parents have different inputs and outputs; however, the one common factor that appears in both ends is the challenge of maintaining their social capital, regardless of their condition. In this paper, the social capital relevant to loneliness is addressed. The author, as a close carer, reviews the work that helped in addressing social capital maintenance, besides the mitigation mechanisms of both loneliness and its impact on cognitive decline. Based on the strategic framework that is synthesized from the literature, a communication model is proposed for close carers and the concerned stakeholders. The framework and the communication model mitigate the risks of loneliness by optimizing the social capital of the aging parents, and raising the best approaches for quality of life.
The Center for Responsible Lending (CRL) assesses the impact of the financial crisis on American families, showing the magnitude of the damage to their financial security--that is, their household balance sheet. In addition, this study looks at a broad range of current lending practices and their impacts.
Whose Welfare State Now? - Adrian SinfieldOxfam GB
Professor Adrian Sinfield, Emeritus Professor of Social Policy at the University of Edinburgh, talks about the welfare state.
Stephen Boyd, Assistant Secretary of the Scottish Trade Unions Congress, talks about how the Scottish economy works.
The Whose Economy? seminars, organised by Oxfam Scotland and the University of the West of Scotland, brought together experts to look at recent changes in the Scottish economy and their impact on Scotland's most vulnerable communities.
Held over winter and spring 2010-11 in Edinburgh, Inverness, Glasgow and Stirling, the series posed the question of what economy is being created in Scotland and, specifically, for whom?
To find out more and view other Whose Economy? papers, presentations and videos visit:
http://www.oxfamblogs.org/ukpovertypost/whose-economy-seminar-series-winter-2010-spring-2011/
The roots of our crisis presentation to the thunderbird school of global mana...Prabhu Guptara
Explores globlal trends to identify the roots of the current crisis, as well as to promote some possible solutions which have the potential to carry the day.
Generational Equity and its professionals work with middle-market business owners who are contemplating a sale or seeking merger and acquisition opportunities. We assist owners in all areas of stock or asset sales, mergers, or divestitures. Our highly experienced Merger and Acquisition specialists provide insight and strategies on such matters as: When is the right time to sell? Should all or part of the business be sold? Is the company ready for sale, or should the focus be on building value for a future sale?
A Tropical Island Retirement - A Resource GuideNoreen Whysel
I created a research guide for my LIS course on Information Services and Resources. Since I was coming to the end of a very jam-packed semester and also was recovering from a rather brutal respiratory virus, I decided to do my project on tropical island retirement. As it happens it was not all dreams of leisure. There are a number of legal, financial and psychological considerations around retiring, whether your destination includes the tropics or not.
SOCIAL CAPITAL ROLE IN ADDRESSING AGING PARENTS LONELINESSIAEME Publication
The challenges of caring for aging parents have different inputs and outputs; however, the one common factor that appears in both ends is the challenge of maintaining their social capital, regardless of their condition. In this paper, the social capital relevant to loneliness is addressed. The author, as a close carer, reviews the work that helped in addressing social capital maintenance, besides the mitigation mechanisms of both loneliness and its impact on cognitive decline. Based on the strategic framework that is synthesized from the literature, a communication model is proposed for close carers and the concerned stakeholders. The framework and the communication model mitigate the risks of loneliness by optimizing the social capital of the aging parents, and raising the best approaches for quality of life.
The Center for Responsible Lending (CRL) assesses the impact of the financial crisis on American families, showing the magnitude of the damage to their financial security--that is, their household balance sheet. In addition, this study looks at a broad range of current lending practices and their impacts.
Whose Welfare State Now? - Adrian SinfieldOxfam GB
Professor Adrian Sinfield, Emeritus Professor of Social Policy at the University of Edinburgh, talks about the welfare state.
Stephen Boyd, Assistant Secretary of the Scottish Trade Unions Congress, talks about how the Scottish economy works.
The Whose Economy? seminars, organised by Oxfam Scotland and the University of the West of Scotland, brought together experts to look at recent changes in the Scottish economy and their impact on Scotland's most vulnerable communities.
Held over winter and spring 2010-11 in Edinburgh, Inverness, Glasgow and Stirling, the series posed the question of what economy is being created in Scotland and, specifically, for whom?
To find out more and view other Whose Economy? papers, presentations and videos visit:
http://www.oxfamblogs.org/ukpovertypost/whose-economy-seminar-series-winter-2010-spring-2011/
Simon Duffy was asked by the Mayor’s Greater Manchester Charity and UBI Lab Manchester to talk at a recent roundtable event on the relevance of Universal Basic Income (UBI) to the problem of homelessness.
These are the slides from that talk. In summary Duffy argued that UBI is relevant to reducing homelessness in two slightly different ways:
1. UBI would help prevent homelessness - UBI addresses the inequalities in income and housing that create the risk of homelessness.
2. UBI would help people escape homelessness - UBI gives people a vital tool which significantly helps people change their situation in times of crisis.
Find more free resources on basic income at: www.citizen-network.org
Dr Simon Duffy gave this talk to Directors of Public Health and other professionals in Birmingham in July 2016. He contends that there is no fundamental problem with the welfare state other than (a) we have abandoned concern for equality and (b) we have not designed a welfare state to effectively promote our own active citizenship. He sets out a series of possible changes to genuinely reform (rather than cut and undermine) the welfare state based on real community-based initiatives.
Gary Trennepohl presents "Financial Markets in 2012" during the annual 2012 Reynolds Business Journalism Seminars, hosted by the Donald W. Reynolds National Center for Business Journalism.
For more information about free training for business journalists, please visit businessjournalism.org.
US Economic Outlook - Being Decided - M Capital Group August 2021.pdfpchutichetpong
The U.S. economy is continuing its impressive recovery from the COVID-19 pandemic and not slowing down despite re-occurring bumps. The U.S. savings rate reached its highest ever recorded level at 34% in April 2020 and Americans seem ready to spend. The sectors that had been hurt the most by the pandemic specifically reduced consumer spending, like retail, leisure, hospitality, and travel, are now experiencing massive growth in revenue and job openings.
Could this growth lead to a “Roaring Twenties”? As quickly as the U.S. economy contracted, experiencing a 9.1% drop in economic output relative to the business cycle in Q2 2020, the largest in recorded history, it has rebounded beyond expectations. This surprising growth seems to be fueled by the U.S. government’s aggressive fiscal and monetary policies, and an increase in consumer spending as mobility restrictions are lifted. Unemployment rates between June 2020 and June 2021 decreased by 5.2%, while the demand for labor is increasing, coupled with increasing wages to incentivize Americans to rejoin the labor force. Schools and businesses are expected to fully reopen soon. In parallel, vaccination rates across the country and the world continue to rise, with full vaccination rates of 50% and 14.8% respectively.
However, it is not completely smooth sailing from here. According to M Capital Group, the main risks that threaten the continued growth of the U.S. economy are inflation, unsettled trade relations, and another wave of Covid-19 mutations that could shut down the world again. Have we learned from the past year of COVID-19 and adapted our economy accordingly?
“In order for the U.S. economy to continue growing, whether there is another wave or not, the U.S. needs to focus on diversifying supply chains, supporting business investment, and maintaining consumer spending,” says Grace Feeley, a research analyst at M Capital Group.
While the economic indicators are positive, the risks are coming closer to manifesting and threatening such growth. The new variants spreading throughout the world, Delta, Lambda, and Gamma, are vaccine-resistant and muddy the predictions made about the economy and health of the country. These variants bring back the feeling of uncertainty that has wreaked havoc not only on the stock market but the mindset of people around the world. MCG provides unique insight on how to mitigate these risks to possibly ensure a bright economic future.
Lecture slide titled Fraud Risk Mitigation, Webinar Lecture Delivered at the Society for West African Internal Audit Practitioners (SWAIAP) on Wednesday, November 8, 2023.
Yes of course, you can easily start mining pi network coin today and sell to legit pi vendors in the United States.
Here the telegram contact of my personal vendor.
@Pi_vendor_247
#pi network #pi coins #legit #passive income
#US
how can I sell pi coins after successfully completing KYCDOT TECH
Pi coins is not launched yet in any exchange 💱 this means it's not swappable, the current pi displaying on coin market cap is the iou version of pi. And you can learn all about that on my previous post.
RIGHT NOW THE ONLY WAY you can sell pi coins is through verified pi merchants. A pi merchant is someone who buys pi coins and resell them to exchanges and crypto whales. Looking forward to hold massive quantities of pi coins before the mainnet launch.
This is because pi network is not doing any pre-sale or ico offerings, the only way to get my coins is from buying from miners. So a merchant facilitates the transactions between the miners and these exchanges holding pi.
I and my friends has sold more than 6000 pi coins successfully with this method. I will be happy to share the contact of my personal pi merchant. The one i trade with, if you have your own merchant you can trade with them. For those who are new.
Message: @Pi_vendor_247 on telegram.
I wouldn't advise you selling all percentage of the pi coins. Leave at least a before so its a win win during open mainnet. Have a nice day pioneers ♥️
#kyc #mainnet #picoins #pi #sellpi #piwallet
#pinetwork
Abhay Bhutada Leads Poonawalla Fincorp To Record Low NPA And Unprecedented Gr...Vighnesh Shashtri
Under the leadership of Abhay Bhutada, Poonawalla Fincorp has achieved record-low Non-Performing Assets (NPA) and witnessed unprecedented growth. Bhutada's strategic vision and effective management have significantly enhanced the company's financial health, showcasing a robust performance in the financial sector. This achievement underscores the company's resilience and ability to thrive in a competitive market, setting a new benchmark for operational excellence in the industry.
What price will pi network be listed on exchangesDOT TECH
The rate at which pi will be listed is practically unknown. But due to speculations surrounding it the predicted rate is tends to be from 30$ — 50$.
So if you are interested in selling your pi network coins at a high rate tho. Or you can't wait till the mainnet launch in 2026. You can easily trade your pi coins with a merchant.
A merchant is someone who buys pi coins from miners and resell them to Investors looking forward to hold massive quantities till mainnet launch.
I will leave the telegram contact of my personal pi vendor to trade with.
@Pi_vendor_247
How Does CRISIL Evaluate Lenders in India for Credit RatingsShaheen Kumar
CRISIL evaluates lenders in India by analyzing financial performance, loan portfolio quality, risk management practices, capital adequacy, market position, and adherence to regulatory requirements. This comprehensive assessment ensures a thorough evaluation of creditworthiness and financial strength. Each criterion is meticulously examined to provide credible and reliable ratings.
What website can I sell pi coins securely.DOT TECH
Currently there are no website or exchange that allow buying or selling of pi coins..
But you can still easily sell pi coins, by reselling it to exchanges/crypto whales interested in holding thousands of pi coins before the mainnet launch.
Who is a pi merchant?
A pi merchant is someone who buys pi coins from miners and resell to these crypto whales and holders of pi..
This is because pi network is not doing any pre-sale. The only way exchanges can get pi is by buying from miners and pi merchants stands in between the miners and the exchanges.
How can I sell my pi coins?
Selling pi coins is really easy, but first you need to migrate to mainnet wallet before you can do that. I will leave the telegram contact of my personal pi merchant to trade with.
Tele-gram.
@Pi_vendor_247
2. Why does the quantity of household debt varies
so much between countries?
If welfare is primary focused on the elderly
(mainly pensions), young people are less willing
to borrow money.
I argue that the quantity of household debt is
influenced by the quality of welfare spending.
3. Structure
• What the current literature is saying, and what is missing:
• Substitutive relationship
• Complementary relationship
• An alternative explanation:
• How is household debt is distributed in Europe between citizens?
• How is household debt is distributed in Europe between countries?
• How does welfare programs influence that distribution?
• Patterns of Welfare and Debt.
But first…
4. Why should we care?
• Private debt matters for understanding economic
instability. (Mian & Sufi, King, Minsky, Fisher)
• “Financial stability risks have been increasingly
linked to […] lending booms which are typically
followed by deeper recessions and slower
recoveries.” (Moritz Schularick, Òscar Jordà and
Alan Taylor)
5. Macro: Trade-off between welfare and debt.
(Prasad, Trumbull, Rajan, Kus, etc…)
Household debt:
Hypotheses in the literature?
Micro: “Keeping up with the Joneses” (Veblen
consumption, ex: Rancière & Kumhof)
Macro: Financial innovation (Fligstein & Goldstein,
Fourcade & Healy, Poon, MacKenzie)
12. Yes, but still…
With a micro explanation we fail to explain macro
differences…
https://fullfact.org/factchecks/is_uk_household_debt_to_income_ratio_highest_in_the_world-2986
14. 14
It’s not the quantity of
welfare spending that
influences the quantity of
household debt.
15. 15
…but the quality of welfare
spending that influences
the quantity of household
debt.
16. • Macro data:
• Comparative Welfare Entitlements Dataset
(2014) - compiled by Lyle Scruggs, Kati Kuitto,
Detlef Jahn. (Decommodification)
• Comparative Welfare States Data Set (2014) -
compiled by David Brady, Evelyne Huber, and
John D. Stephens. (Spending)
• OECD (National Accounts at a Glance)
17. 17
It’s not the quantity of welfare spending that
influences the quantity of household debt.
18. 18
…it is the quality of welfare spending that
influences the quantity of household debt. (1/2)
22. 22
It is the quality of welfare spending that
influences the quantity of household debt…
…and by quality I mean who gets welfare
money and services.
23.
24. 24
Ok, but do you have a theory?
• The expectation that personal finances will be stable makes
people less risk averse.
• That’s why the rich borrow more in general.
• Northern welfare states facilitate the expectation that personal /
household finances will be stable, especially for youth.
• That’s why Scandinavians borrow more in general.
• Continental welfare states fail to guarantee stable financial
expectations, especially for youth.
• That’s why continentals borrow less.
25. 25
Do you have a (research) agenda?
• Stable financial perspectives make people less risk
averse.
• That’s why Scandinavians have an higher fertility rate.
• …and that’s why continental Europe (with the
exception of France) has a very low fertility rate.
• Babies and families are like debt: a long term risk.
• Debt, children, startups, etc…
26. 26
…How does the quality of welfare spending
influences the quality of household debt?
(Mary Caplan & Me)
But what about short term risks?
And in particular short term debt?
Consumer credit
28. 28
The Three Worlds of
Debtfare Capitalism
Welfare /
Debt
Continental Universal Liberal
Short term
(Consumer
credit)
Low Low High
Long Term
(Mortgages)
Low High Medium
29. 29
…to take away.
Unexplored relationship between welfare
and financialization of households.
(household debt)
Welfare for the young encourages risk-
taking behaviours.
Debtfare regimes.
31. 31
“EBiSS is calculated as follows. On the elderly-oriented spending side (the
numerator), the following public spending programs were included: (1) old-age-
related benefits in cash (pensions, early-retirement pensions, other cash benefits)
and in kind (residential care/home-help services, other benefits in kind); (2)
survivor’s benefits in cash and in kind (funeral expenses, other in-kind benefits),
(3) disability pensions, (4) occupational injury and disease- related pensions, and
(5) early retirement for labor market reasons.
On the nonelderly-oriented side of the EBiSS (the denominator), the following
public spending programs were included: (1) family benefits in cash (family
allowances, maternity and parental leave, other cash benefits) and in kind (day
care/home-help services, other in-kind benefits), (2) active labor market
programs (employment services and administration, labor market training, youth
measures, subsidized employment, employment measures for the disabled), (3)
income maintenance cash benefits, (4) unemployment compensation and
severance pay cash benefits, and (5) education spending for all levels of
education from early childhood to university.29
To adjust for demographic structure
(spending need), the resulting elderly/nonelderly social spending ratio in each
country has been multiplied by the country’s old-age support ratio, that is, the
number of persons aged 20 – 64 over the number of persons aged 65 or more.”
Pieter Vanhuysse, Intergenerational Justice in Aging Societies, http://www.bertelsmann-stiftung.de/fileadmin/system/flexpaper/
rsmbstpublications/download_file/3359/3359_26.pdf