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Sovereign nations grow faster than non-sovereign ones. When Pakistan ceded economic management to the IMF in the late 1980s, the turn to neo-liberalism led to 14 years of decline in long-run rate of investment and growth from which it hasn't recovered. This cost the economy an estimated $75.6...
Persistent link: https://www.econbiz.de/10013240764
This research is an attempt to assess the impact of trust, helpfulness, and fairness on economic growth in Europe. The …: generalized trust, helpfulness, and fairness, which can be combined into an aggregated variable, called 'cooperation capital'. The … show, fairness and trust are key factors for economic growth in Europe. …
Persistent link: https://www.econbiz.de/10013407469
India has witnessed a tremendous economic growth, as measured by GDP, over the past 10 years. Many experts have pointed out that FDI (Foreign Direct Investment) has been one of the major factors taking India to this growth level. Foreign investment in India has increased continuously since...
Persistent link: https://www.econbiz.de/10012952294
Thomas Piketty's widely-noted and bestselling book, Capital in the Twenty-First Century, does much to advance our empirical understanding of rising high-end wealth concentration, which is one of the central issues of our time. But its theoretical approach and policy recommendations differ...
Persistent link: https://www.econbiz.de/10013044641
The newly born, one year old State of Southern Sudan faces multiple challenges, economic, administrative, ethnic and most of all, civil conflicts with its previous mother country, Sudan. Building a state is an arduous mission and building a nation comprised of many ethnicities is the most...
Persistent link: https://www.econbiz.de/10014040250
Ever since the dire predictions of The Limits to Growth (Meadows & al. 1972) failed to come true on time, it's been all too easy to ridicule environmentally-based arguments against economic growth as pessimistic and "Malthusian." In contrast, this paper accepts, for the sake of argument, the...
Persistent link: https://www.econbiz.de/10014189105
Indonesia has a very good record of poverty reduction, having halved its incidence over the past two decades. Nevertheless, almost 30 million people still live below the national poverty line, mostly in rural areas and in certain provinces. In order to make further progress in lifting these...
Persistent link: https://www.econbiz.de/10011399569
This study reviews the conceptual framework of the economic-productive sphere and of gender equality, the aim of which is to establish theoretical-practical lines allowing progress in engaging these two spheres. In this context, equality in opportunities and in rights can be harmonized, though...
Persistent link: https://www.econbiz.de/10014480855
This paper argues that an increase in the inequality of wealth prompts a stronger quest for status that in turn fosters the accumulation of wealth. It proposes a measure for an individual's want of social status. For a given level of a population?s wealth, the corresponding aggregate measure of...
Persistent link: https://www.econbiz.de/10010265917
This paper argues that an increase in the inequality of wealth prompts a stronger quest for status that in turn fosters the accumulation of wealth. It proposes a measure for an individual’s want of social status. For a given level of a population’s wealth, the corresponding aggregate measure...
Persistent link: https://www.econbiz.de/10009729676