Does Difference Make a Difference in Financial Planning for Risk?

Autor:	Deborah Quilgars, Anwen Jones, David Abbott
Rok vydání:	2008
Předmět:	Public Administration Sociology and Political Science business.industry Financial risk Ethnic group Financial plan Poison control Human sexuality Development Public relations Social group Cultural diversity Mainstream Medicine business Social psychology
Zdroj:	Social Policy & Administration. 42:576-592
ISSN:	1467-9515 0144-5596
DOI:	10.1111/j.1467-9515.2008.00625.x
Popis:	Current policy-making assumes people perceive and respond to financial risk in a uniform and rational way. This research sought to investigate whether social and cultural differences along the dimensions of disability, sexuality, faith and ethnicity influence attitudes to money and approaches to planning for possible financial risk eventualities. Eighty in-depth interviews with individuals committed to different faiths (Muslim and Christian), disabled people, gays, lesbians and bisexuals, and members of black and minority ethnic groups (black and Asian) were conducted in 2005/2006. Mainstream cultural reference points were dominant in respondents’ accounts; however, difference was also found to be more determining in some areas than has previously been documented. The article explores the impact of these relationships on financial planning and draws out the policy implications of the different elements of difference on financial planning. The study argues that socio-cultural approaches to risk need to be better understood at the policy-making level.
Databáze:	OpenAIRE
Externí odkaz:	https://explore.openaire.eu/search/publication?articleId=doi_________::c57cfd4c2fde803a9742e73b383fafd5 https://doi.org/10.1111/j.1467-9515.2008.00625.x Zobrazit plný text záznamu Plný text ve formátu PDF