scholarly journals The European system between franciscan vocation and lutheran capitalism

2020 ◽  
Vol 7 (2) ◽  
pp. 123-131
Author(s):  
Catia Eliana Gentilucci

This paper argues that: a) economic systems are an expression of their own cultures and histories and they cannot therefore be exported to places where the local culture does not support their implementation; b) the indiscriminate  application of the German (Lutheran) model to all European countries (mainly to Mediterranean Catholic countries) has fostered economic growth in the EU at different speeds; c) Italy, the cradle of Catholic capitalism, is currently attempting to react against austerity measures —imposed by the economic constrictions of the German model— by focusing on the third sector and non-profit companies, which are an expression of Catholic capitalism originating in the Franciscan Third Order.

2009 ◽  
Vol 54 (1) ◽  
pp. 97-109 ◽  
Author(s):  
Sabrina Fusari

Abstract This paper describes the problems that arise in the translation of texts on – and by – the nonprofit sector from English (especially American English) into Italian. First of all, we focus on the main problems of translation, deriving from the disparity between the third sector in Italy and in the US. Secondly, we present a corpus-based project aimed at monitoring the differences between nonprofit discourse (especially fundraising letters) in Italy and the US. Lastly, we show a number of practical examples to illustrate how this type of corpus can meet the needs of translators and draw some conclusions on the importance of using monitor (i.e., continuously updated) corpora to produce successful translations in specialised fields where there are sizeable differences between source and the target cultures.


Author(s):  
Sharon Cheuk

Non-profit organisation financial failure has been a prevalent problem in developed and developing economies. Such incidences bring adverse effects to the reputation of the non-profit organisation in question and the third sector as a whole, especially if the organisation in question is significantly large in size, leading to possible knock-on effects such as disruption to society, litigation, loss of investor confidence in the economic environment, and a worsening of a country's ranking under the Corruption Perceptions Index. This chapter examines past financial failures amongst non-profits and reviews past literature on attempts to predict non-profit failures before they occur. Finally, it proposes an additional governance-related factor to be taken into consideration when considering potential financial distress amongst non-profit organisations. Suggestions for further research are made accordingly.


2021 ◽  
Vol 250 ◽  
pp. 04008
Author(s):  
Alexander Pyanov ◽  
Elena Drannikova ◽  
Evgeny Shevchenko ◽  
Zarema Kochkarova

This article aims at analysing the financial and organizational mechanisms of the third sector, namely the non-profit organisations (NPOs) and non-governmental organisations (NGOs). In addition, it focuses on the sustainable development of non-profit and non-governmental organizations. The paper shows that in order to achieve sustainable development and embark upon the path of the “green economy”, NPOs and NGOs need to apply effective financial and organisational mechanisms that would also coincide with their regional priorities and socio-economic objectives that would take into account the environmental specifics and priorities of the given region. The article draws various examples and case studies from various countries and regions around the world to prove its points and provide some guidelines for relevant stakeholders and regulators.


Significance While most attention has fixed on populist parties’ views on immigration and cultural integration, their rhetoric often targets other policy areas, notably climate and energy. Impacts Populist parties are likely to remain a significant force in many Western European countries, particularly if economic growth remains slow. Commitments to clean energy are vulnerable to concerns about affordability and competitiveness. These challenges are likely to impact on the EU and blunt the Commission’s ambition to pursue its own energy and climate strategies.


Author(s):  
Meera Bhat ◽  
Swapnil Barai

This chapter on “Socioeconomic Development in India: Lessons from the Third Sector” is a broad overview of India’s economic growth and human development since independence in 1947. It traces the evolving role of government, market, and civil society in navigating the global political economy and the creative tension in which they have coexisted. The chapter dives deeply into the civil society sector which once inspired the founding of Ashoka and is now referred to as a hotbed of social enterprises. The sector which once had firm foundations in pluralist social movements and a focus on social innovation now struggles to distinguish social business from social entrepreneurship. The current ecosystem, while extensive, lacks focus, disregards questions of power, and lacks accountability mechanisms. The goals of improving lives and affecting social change would be better served by focusing on social innovation, treating people as stakeholders rather than clients, and protecting and promoting citizen participation in a democratic economy, society, and polity.


Author(s):  
Meghan Joy ◽  
John Shields

The politics of austerity has pushed the third sector to the centre of attention as governments turn to non-governmental institutions to pick up the social deficits created by economic recession and the state’s retreat from social provision. Some governments have begun supporting alternative service funding through such innovations as social impact bonds (SIBs), a financial product used to encourage the upfront investment of project-oriented service delivery. This paper provides a clearer understanding of what SIBs are and traces their emergence within Canada while linking them to their cross national origins. SIBs are situated conceptually within broader contemporary developments within the non-profit sector, particularly the agenda of public sector reform and third sector marketization. The analysis focuses on the potential impact of SIBs on non-profit policy voice and capacity to represent and meet diverse community needs as it is this function that to a significant degree defines the third sector’s ability to be innovative.


2020 ◽  
Vol 12 (14) ◽  
pp. 5834 ◽  
Author(s):  
Cristina Ortega-Rodríguez ◽  
Ana Licerán-Gutiérrez ◽  
Antonio Luis Moreno-Albarracín

The purpose of this article is to present a framework to understand transparency in the third sector and then to explore the main research streams regarding the disclosure of information and accountability by conducting a systematic literature review on the antecedents and dimensions of the transparency of information disclosed by non-profit organizations (NPOs). The essential questions of this work are addressed from an international perspective. In particular, we explore three research questions: (1) why should NPOs disclose transparent information to stakeholders? (2) Why do not all NPOs disclose transparent information? (3) What means do NPOs use to disclose transparent information? Our results highlight the lack of transparency legislation in the third sector, leading NPOs to adopt the voluntary disclosure of information policies to improve the perceived credibility of these entities by their stakeholders. In conclusion, our study highlights the importance of developing a systematic body of knowledge regarding the situation of transparent, voluntary information disclosure in the sector. Moreover, the Sustainable Development Goals promulgated by the United Nations place a high value on transparency for the accountability of institutions. To achieve sustainable development, both peace and the governance of institutions are needed. Reducing corruption and promoting transparency are among the goals which should be reached to achieve social sustainability.


2018 ◽  
Author(s):  
Lukman Hakim

This research has double objectives first, to find out the main sectors of Sumbawa regency’s economy based on the interconnection between all sectors, sectors that lead into economic growth, sectors that increase the households’ incomes, sectors that offer job opportunities and second, to find out the priority sectors that should be developed by the regency authorities based on four criteria such as interconnection between sectors, outputs, incomes and job opportunities. Inpout-Outpout analysis (I-O analysis) is used for achieving the first objective that is finding out the main sectors, whereas Analytical Hierarchy Process (AHP) is used to achieve the second objective that is finding out the priority sectors. The research findings showed that the main sector based on interconnection between all sectors of Sumbawa regency is agricultures, based on economic growth is industry, based on household’s incomes is bank and services, and based on job opportunities is agriculture. The ranking of the priority sectors that should be developed by the regency is as follows. The agricultural sector is ranked at the first position, followed by transport and communication, and the third sector is the industry.


2013 ◽  
Vol 13 (2) ◽  
pp. 67-83
Author(s):  
Nina C. Lück

Abstract The lively debate about European cross-border donations and the European philanthropic landscape that has been started has seemingly reached a slight standstill since the global financial crisis and austerity plans are dominating the every day discussion. However, the European non-profit sector remains an area that is of crucial importance for the European labour market, the European Research Area, and most importantly, the participation of European civil society which directly influences questions of citizenship and European identity. The paper will compare the origin and legal framework of the English and the German charitable foundations and link it to the EU’s third sector where the European Foundation Centre (EFC) as a key representative for civil society actors in the non-profit area and the Commission play a pivotal role in the establishment of a European Foundation Statute (FE) that is meant to facilitate cross-border donations and non-profit activities throughout the EU. In the concluding part, the wider meaning of a strong third sector in the EU will be analysed.


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