Senior Citizen Wellbeing: Differences between American and Finnish Societies

Jukka Laitamäki and Raija Järvinen
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Jukka Laitamäki: New York University, USA
Raija Järvinen: University of Helsinki, Finland

from University of Primorska, Faculty of Management Koper

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.

Keywords: aging population; senior citizen; wellbeing (search for similar items in EconPapers)
Date: 2015
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Persistent link: https://EconPapers.repec.org/RePEc:mgt:micp15:169-183

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