Kerala has a high status in infrastructure development in India and her experiences in social infrastructure development rank her one among many developed countries. This study seeks to analyse the development experiences of Kerala, and to examine what worked behind these experiences. A...

Wellbeing in general is represented in terms of the quality of life of an individual or group. The different objective and subjective indicators that go into the composition of quality of life leave its definition and measurement elusive, despite its global recognition as a policy goal. Attempts...

This paper analyzes the effect of globalization on subjective well-being by using a dataset that combines micro- and macro-level variables for the EU-15 countries from 1975 to 2000. The estimations provide evidence that - in line with theoretical predictions - globalization has benefited...

This paper analyses whether large governments in Europe reflect efficient responses to a changing social and economic environment (‘welfare economic view’) as opposed to wasteful spending (‘public choice view’). To this end, the effect of government size on subjective well-being is...

The present paper discusses the ‘battle of methods’ in economics in its epistemic pursuit in the framework of a dialectics between science and art. The traditional distinction between deduction and induction has come to be characterized as a ‘theory-data confrontation’; while the former...

This brief note was prepared for the State Planning Board of Kerala in India in response to a question on how to double Kerala’s net state domestic product in three years and on its implications for investment and its financing. We show that this ambition lies in the realm of impossibles.