People who are unable to maintain the same standard of living as others around them experience a sense of relative deprivation that has been shown to reduce feelings of well-being. Relative deprivation reflects conditions of worsening relative poverty despite striking reductions in absolute...

Social investment funds are prominent instruments in developing countries that aim at providing financial resources for social infrastructure projects to poor municipalities. In contrast to traditional, more centralised distribution mechanisms of such funds, the Bolivian Fondo de Inversión...

Purpose – The purpose of this paper is to provide new empirical evidence on the relationship between social expenditure and poverty in Turkey. Design/methodology/approach – There are voluminous studies in the literature and many of which contain contradictory results. The authors use panel...

This paper presents the Philippine hunger and poverty condition. It explores on the causes of the poverty and the impact of the price changes in the hunger incidence. Policy promulgations were found to primarily cause hunger and poverty in a country with high-wealth concentration. An economic...

Using a macro panel of 31 European countries, this paper shows that the application of a QR procedure to the estimation of poverty risk offers a picture of poverty determinants and cross country poverty differences more reliable than that emerging from conditional mean estimations. The extent...

When tourism's impressive potential for poverty alleviation is considered, the lack of attention is even more striking. Reasons for the apparent neglect are complex, and include a lack of awareness of tourism as an export sector, the fragmented nature of the industry and low political influence,...

On the basis of in-depth case studies of four Russian regions, Kirov and Voronezh oblasts and Krasnoyarsk and Perm' krais, the trade-offs among social and economic policy at the regional level in Russia are examined. All four regional governments seek to develop entrepreneurship while preserving...

A detailed examination of Amartya Sen's theory of famines shows that it is logically impossible: it cannot work in the real world. His attempt to apply it to the Bengal Famine of 1943 relies on repeated and consistent misstatements of the evidence in his sources. He relies almost entirely on the...

What accounts for the differences in the “wealth of nations”; that is, the differing levels of opulence across countries? Adam Smith’s answer is complex and has yet to be fully understood. Moreover, Smith's argument is as relevant today as it was in his time. On the economic side, his...

The relationship between the abundance of natural resources and socio-economic performance has been a main object of study in the economic development field since Adam Smith. Dominated by the verification of the so called curse of natural resource, the mainstream literature on the topic has been...