This book offers a pluralistic vision of the way economists have dealt with the question of power in society over the last two centuries. Economists’ ideas about power are examined from political, theoretical and policy-making points of view, with additional discussion of the active...

Introduction (Paul Dobrescu) -- Part I. Envisaging Development in the Contemporary Society: Theory and Public Debates -- Why Do Some Countries Develop and Others Not? (Ian Goldin) -- Measuring the Hard-to-Measure in Development: Dimensions, Measurement Challenges, and Responses (Anne L....

Chapter1 An Analysis of the Factors affecting New-Generation Peasant Workers’ Decision-making of Vocational Training Participation —A Micro Perspective -- Chapter2 A Theoretical and Empirical Study on over-leaping the Middle Income Trap -- Chapter3 Middle Income Trap and the Innovation of...

1. Introduction -- Part 1: Income inequality and GDP Growth and inflation regime -- 2. Income inequality and GDP growth nexus in South Africa: Does the 4.5 percent consumer price inflation threshold and other channels play a role? -- 3. Does the inflation rate below 4.5 percent matter for the...

Research background: Applied welfare economics offers various social welfare functions (SWF) for appraising income distributions. Social planners commonly use two SWFs: SWFε implied by income inequality aversion (ε) and SWFv implied by rank inequality aversion (v). However, a voluntary choice...