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Regional Economics: Theory and Practice
 

Institutional functions in analyzing the elderly generation's resource potential

Vol. 19, Iss. 5, MAY 2021

Received: 22 March 2021

Received in revised form: 30 March 2021

Accepted: 5 April 2021

Available online: 14 May 2021

Subject Heading: POPULATION AND DEMOGRAPHY

JEL Classification: B52, I31, J00, J11, J14

Pages: 972–1002

https://doi.org/10.24891/re.19.5.972

Irina A. PAVLOVA National Research Tomsk Polytechnic University (TPU), Tomsk, Russian Federation
iapav@mail.ru

https://orcid.org/0000-0003-3620-4278

Ol'ga P. NEDOSPASOVA Tomsk State University (TSU), Tomsk, Russian Federation
olgaeconomy@mail.ru

https://orcid.org/0000-0001-8272-4616

Subject. This article discusses the challenges and prospects for mapping institutional functions to assess the extent to which the resource potential of the older generation is being realized in regional society.
Objectives. The article aims to develop a mapping profile of institutional functions to assess the extent to which the resource potential of the older generation is being realized.
Methods. For the study, we used analysis and synthesis, logical and systems approaches, and theoretical generalization.
Results. The article identifies the most important institutions for realizing the resource potential of the older generation and presents a typology of institutional functions through mapping across the three basic institutional spheres, namely the economic, social, and health ones. The article highlights certain system-based gaps in the analyzed institutional environment and dysfunctions in the institutional interactions in the field of the older generation's resource potential.
Conclusions. The Older Generation's Institutional Capacity Implementation Map methodological model can be a significant tool to identify shortcomings in the implementation of government social programmes aimed to improve the quality of life of older people.

Keywords: institutional functions, resource potential, older generation, well-being, quality of life

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