Wealth-Income Ratios in a Small, Late-Industrializing, Welfare-State Economy: Sweden, 1810-2014

A win-win case of CSR 3.0 for wellbeing economics: digital currencies as a tool to improve the personnel income, the environmental respect & the general wellness

REVESCO Revista de Estudios Cooperativos ◽

10.5209/reve.75564 ◽

2021 ◽

Vol 138 ◽

pp. e75564

Author(s):

Antonio Sánchez Bayón ◽

Miguel Ángel García Ramos

Keyword(s):

Global Convergence ◽

Welfare State ◽

Environmental Protection ◽

Institutional Economics ◽

Good Practice ◽

Austrian Economics ◽

Convergence Process ◽

State Economy ◽

Digital Transition ◽

The Welfare State

This is a critical paper (based in knowledge review with a constructivist proposal), under the Institutional Economics (including Austrian Economics), which analyzes the digital transition (from the welfare state economy to the authentic welfare or wellbeing economics) and the happiness management possibilities (as a part of the requirement for the global convergence process of Horizon 2030). Attention is focused on the digital currencies, as an example of technovation for personnel income and motivation management, environmental protection and a good practice of CSR 3.0 (in organizations oriented towards people wellness & happiness with sustainability). The paper explains how it works this win-win practice, with a real case of a Spanish cooperative company, with benefits for the whole stakeholders, the environment, other companies and the next generations.

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Spanish Bussiness Schools paradox and the accreditation system expiry: when the success becomes a risk

Revista Galega de Economía ◽

10.15304/rge.30.2.6926 ◽

2021 ◽

pp. 1-18

Author(s):

Antonio Sánchez ◽

Estrella Trincado Aznar

Keyword(s):

Welfare State ◽

Business Schools ◽

Digital Economy ◽

Sunk Costs ◽

Accreditation System ◽

State Economy ◽

The World ◽

The Welfare State

This paper is an analytical-empirical review of the evolution of Spanish Business Schools and how they have been affected by the accreditation system. This system has made it possible for the Spanish Business Schools to rank among the best (10 of them are in the World top-25 and 4 have been accredited with the triple crown, which is the highest distinction). However, it has also led to the denaturalization of the Business Schools (B-Schools), which have been “devoured” by the Schools of Economics and Business at universities. In addition, the accreditation system has entailed an increase in costs (opportunity, marginal, sunk costs and so on). An explanation of the Spanish B-Schools paradox is offered in the article: the more accreditations achieved,the more difficult it is to maintain them, due to contradictions in the compliance regulation and to the difficulty in updating academic programmes since their success and assimilation into the welfare state economy is a risk for B-Schools and their adaptation to digital economy. Finally, the paper gives some keys to correct the problem detected and thus to adapt B-Schools to the emerging wellbeing economics, a new stage of the digital economy.

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