For over three decades, the capability approach proposed and developed by Amartya Sen and Martha Nussbaum has had a distinct impact on development theories and approaches because it goes beyond an economic conception of development and engages with the normative aspects of development. This book...

""Discusses the implications of domestic debt upon consumption, prices and economic growth in India and tests the concept of Ricardian Equivalence using a permanent income approach incorporating Rational Expectations"...Provided by publisher"...

The book examines how corruption is viewed in theoretical and empirical literature and how various macro- and micro-level approaches have been followed to study the issue. It offers an inter-country comparison of corruption, indicating the role of governance in the context of growth. The volume...

In this book, economist Jean-Philippe Platteau addresses the question: does Islam, the religion of Muslims, bear some responsibility for a lack of economic development in the countries in which it dominates? In his nuanced approach, Platteau challenges the widespread view that the doctrine of...

Why would the removal of authoritarian institutions in some developing countries lead to sustained socio-economic crisis, while others experience explosive growth despite 'persisting' informal, insecure and rent-seeking institutional arrangements? A key to solving this enigma lies in...

This unique book provides comparative economic studies of Taiwan and Korea, and compares them mostly with Japan and the United States and finds that, in terms of the real GDP per capita in PPP, these emerging East Asian countries are still emerging in the world economy. This book contributes to...

Inequality is a global concern, for its social and human consequences, and its impact on the pace and pattern of economic growth. In India and Brazil, this issue has received increasing attention in recent years. In Brazil, inequality grew until the 1980s, when it reached extreme levels, but has...