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Senior Citizen Wellbeing: Differences between American and Finnish Societies

Author

Listed:
  • Jukka Laitamäki

    (New York University, USA)

  • Raija Järvinen

    (University of Helsinki, Finland)

Abstract

“Democracy is not enough, economic growth is not enough — it is about the wellbeing of the population as a whole” (CMI Martti Ahtisaari Center, 2013 pp.8). Senior citizens, defined here as persons over 60 years of age, are quickly becoming the largest population group in several countries with an increasing need for wellbeing services. This study investigates national level wellbeing with focus on senior citizens in the U.S. and Finland. It applies descriptive and comparative research methods for contrasting these two countries across several wellbeing measures. The study highlights how the U.S. relies more on the private sector and Finland more on the public sector for creating wellbeing for senior citizens. The study concludes with findings that illustrate the key wellbeing differences between the U.S. and Finnish senior citizens.

Suggested Citation

  • Jukka Laitamäki & Raija Järvinen, 2015. "Senior Citizen Wellbeing: Differences between American and Finnish Societies," MIC 2015: Managing Sustainable Growth; Proceedings of the Joint International Conference, Portorož, Slovenia, 28–30 May 2015,, University of Primorska, Faculty of Management Koper.
  • Handle: RePEc:mgt:micp15:169-183
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    References listed on IDEAS

    as
    1. Angus Deaton, 2008. "Income, Health, and Well-Being around the World: Evidence from the Gallup World Poll," Journal of Economic Perspectives, American Economic Association, vol. 22(2), pages 53-72, Spring.
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