Why do factors of production, especially the labour, migrate from one region or sector to another? This question, which remains fundamental to economic and human resource development, has been a major topic among researchers. While considerable progress has been made in developing a theoretical...

The women's initiative launched by the United Nations Decade for Women has sparked unresolved controversy over the consequences of mothers' increased participation in economically productive activities on children's well-being. Clearly, in many developing countries, poor mothers face stringent...

Poverty is a complex phenomenon, a consequence of lack of growth and inequality. Effective policies require technical and empirical understanding of poverty that is combined with efficient institutions and a supportive system of social values. We focus on four basic tenants of the Islamic...

It is fair to say that the 2007 Credit Crisis was born a year ago, in August 2007. Since its onset, economists and finance experts have been conjecturing whether as a result, the world economy will be moving into a depression and at what final cost? By the end of 2007, the United States and...

Using an evolutionary perspective that places the present phase of human development in a historical context, the paper examines the state and nature of human development and identifies factors that determine its enhancement for the 21st Century. For many millennia, the evolution of Homo sapiens...

The paper is divided into two parts: conceptual and factual. A conceptual review of the historical processes that led to the present state of human diversities and differentiations has not been optimistic. Technological changes, especially those associated with the industrial revolution that...

Poverty is a complex phenomenon, a consequence of lack of growth and inequality. Effective policies require technical and empirical understanding of poverty that is combined with efficient institutions and a supportive system of social values. The paper focuses on four basic tenants of the...

Social Security (SS) programs are integral parts of a generous welfare system instituted in the oil economies during the past quarter century. This paper assesses the future viability of these programs with special reference to the case of Kuwait. A review of the financial structure of the SS...