The paper criticizes the conception of value on behalf of the conventional economic theory, blaming it for the current economic school’s incapacity to explain the actual economic crisis and to offer an adequate perspective to settle a solution. It proposes an explanation based on the tendency...

Using the latest nationally representative household survey for Chile, this paper empirically assesses multidimensional poverty both at the national and subnational level. Based on the Alkire-Foster method and focusing on four dimensions of well-being –education, health, income and living...

In this paper, a framework is developed to consider collective action, sustainability and the capability approach with regard to resolution of water disputes, followed by a brief discussion of how identity can hinder cooperation or the development of universalism. This framework is then examined...

This paper analyzes the relationship between poverty and armed conflict in Antioquia, Colombia. The poverty analysis is framed within Sen’s capability approach, which forms the conceptual basis of the multidimensional poverty index (Alkire and Foster, 2011). The MPI is measured with data from...

The aim of this study was twofold. First, despite the vast amount of empirical studies on income poverty in Indonesia, very few studies have examined multidimensional household welfare deprivations. We attempted to fill this gap by utilizing for the first time the annually conducted National...

This research aims to shed light on the role of the Islamic Waqf as a tools of corporate social responsibility.Islamic Waqf can play an important role in activating the principle of corporate social responsibility through the following: achieving sustainable development , developing small and...

The paper aims at comparing some of the most influential theories of development with the notion of Innovation Systems (IS). The objective is to understand if this comparison can be used to delve into the role of innovation within the development process. We start defining the main features that...

The industrialization process of a country is often plagued by a failure to coordinate investment decisions. Using the Global Games approach we can solve this coordination problem and eliminate the problem of multiple equilibria. We show how appropriate information provision enhances efficiency....

The aim of this study is to review the Islamic principles of CSR, and the definition of a structured social corporate responsibility (CSR), and based on this responsibility. And provide a practical through the international financial institutions that can implement CSR policies framework. This...