This study builds a simultaneous equation model that establishes inter-connections among the measures of globalization, measures of democracy, human development, corruption perception index and per capita income, which in turn jointly influence social progress. The model has eleven equations in...

Our goal is to analyse the inequality aspects of Human Development Index and to propose a new aggregation function that can adjust it by considering inequality penalisation. We take into account inequality across dimensions and across individuals and three laws of inequality penalisation:...

Growing interest in the analysis of interrelationships between income distribution and economic growth has recently stimulated new theoretical as well as empirical research. Since existing theoretical models propose inequality is detrimental to growth, while others point at income inequality as...

Among the many factors that cause project delays or cancellations are disruptions, that is, unforeseen events occurring during the implementation of a project, which postpone or interrupt the performance of project activities. Examples of disruptions include employee absenteeism, addition of new...

Having biased and unjustified income distribution in a country can have many unpleasant consequences such as, poor health, frustration and dissatisfaction, increase in social problems and criminal activities, unreliable education systems, etc. Therefore, determining the income distribution of a...

Among the many factors that cause project delays or cancellations are disruptions, that is, unforeseen events occurring during the implementation of a project, which postpone or interrupt the performance of project activities. Examples of disruptions include employee absenteeism, addition of new...

We study the mechanism of inequality due to educational lock-in effects. Recent research on inequality such as Brock and Durlauf (2000a, b) and Durlauf (1999a, b, 2000) has emphasized the fact that the composition and behavior of groups to which a person belongs play an important role for...

This review discusses the use of discrete choice dynamic programming (DCDP) methods for evaluating policies of particular relevance to developing countries, such as policies to reduce child labor and increase school attendance, improve school quality, affect immigration flows, expand old-age...

In this paper we extend the multi-regime framework to variables involved in the debate on economic growth and environmental quality, starting from a reexamination of the so-called Environmental Kuznets Curve. The aim is to discuss the double convergence hypothesis that implicitly stems from a...

Aim and Objective: The aim and objective of this study is to explore the real value of land and the unfavourable factors that affects the demand and supply of land. The study aims to prove my theory about land. This theory suggests that all natural resource gains its logic of ‘buying and...