In many countries extreme poverty is unnecessary. Yet it persists. We propose a simple index, denoted the Miser index, to measure the extent to which societies have poverty in the midst of affluence. It builds on the generalized Lorenz curve, but can also be seen as a measure of polarization...

This paper defends the use of convergence models to study the temporary evolution of the Chilean communes socioeconomic development. To do so, we will use an indicator made up of using multivariate analysis techniques. By means of regression models of transversal section and models of...

El presente ensayo constituye la segunda parte del trabajo titulado Las Teorías del Desarrollo en América Latina", cuya primera entrega se publicó en el número anterior de esta Revista. En esta segunda entrega se examina en su orden el pensamiento monetarista y neoestructuralista sobre los...

This paper provides an analysis of people’s perceptions about the effects of the transition process and economic crisis in Macedonia, as extrapolated from UNDP surveys from 2008 and 2009 and set in the context of Macedonia’s political life. Questions were constructed in a way to compare the...

This paper aims first of all to explore the social sustainability and the quality of economic growth in a sample of 50 Emerging and Transition Economies (ETEs), which are countries experiencing a process of fast growth and institutional change in most cases. Through a series of cross-country...

Africa has been hard hit by the international crisis. Initially exogenous and above all financial, it has exacerbated various internal crises already present in the region. Like the DRC, which is a test case in many respects, Africa could experience severe setbacks that could cancel out the...

The fundamental role that agriculture plays in development has long been recognized. In the seminal work on the subject, agriculture was seen as a source of contributions that helped induce industrial growth and a structural transformation of the economy. However, globalization, integrated value...

We explore the relationships between subjective well-being and income, as seen across individuals within a given country, between countries in a given year, and as a country grows through time. We show that richer individuals in a given country are more satisfied with their lives than are poorer...

There is currently much debate about the effectiveness of foreign aid and about what kind of projects can engender economic development. There is skepticism about the ability of econometric analysis to resolve these issues, or of development agencies to learn from their own experience. In...

As the world is moving ahead, all national economies need to find their own development path. The economic growth should be continually high enough to provide for a normal and growing standard of living for the citizens and, at the same time, provide opportunities for introducing and engaging...