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For dozens of developing countries, the financial upheavals of the 1980s have set back economic development by a decade or more. Poverty in those countries has intensified as they struggle under the burden of an enormous external debt. In 1988, more than six years after the onset of the crisis,...
Persistent link: https://www.econbiz.de/10012675715
We describe the patterns of economic growth and social progress in Colombian "functional territories". Unlike political/administrative divisions that emerge at least partly for historical reasons unrelated to economic interactions, functional territories reflect the patterns of spatial...
Persistent link: https://www.econbiz.de/10012907916
In the late 1990s, as economists looked back the development period in Africa since 1970s, they put forward the notion “African growth tragedy” , meaning that Africa's poor growth and resulting low income is associated with low schooling, political instability, underdeveloped financial...
Persistent link: https://www.econbiz.de/10012910710
This paper examines the relationship between FDI inflows and welfare improvement in North African countries. Using net per capita FDI inflows and the UNDP's HDI as the principal variables, our analyses confirm the positive and strongly significant relationship between net FDI inflows and welfare...
Persistent link: https://www.econbiz.de/10013034646
This paper asks what low-income countries can expect from growth in terms of happiness. It interprets the set of available international evidence pertaining to the relationship between income growth and subjective well-being. Consistent with the Easterlin paradox, higher income is always...
Persistent link: https://www.econbiz.de/10009235175
Purpose – The purpose of this paper is to provide a conceptual framework on the relationship between corruption and development. The paper demonstrates how the impact of corruption on economic development (ED) might vary substantially from sustainable development (SD)....
Persistent link: https://www.econbiz.de/10012984977
Many scholars have argued that once "basic needs" have been met, higher income is no longer associated with higher in subjective well-being. We assess the validity of this claim in comparisons of both rich and poor countries, and also of rich and poor people within a country. Analyzing multiple...
Persistent link: https://www.econbiz.de/10009738762
Persistent link: https://www.econbiz.de/10003461739
considerable number of children. Using an observational checklist tool, we find strong rapport between visitors and families, and … consistent involvement of caregivers and children in practicing activities during the visit. However, visitors rarely explain the …
Persistent link: https://www.econbiz.de/10011571942
strike Guatemala since rainfall records have been kept - on household welfare. The analysis reveals substantial negative … labor supply (on the intensive margin) and simultaneously relying on the labor supply of their children and withdrawing them … seen in urban Guatemala between 2006 and 2011, which national authorities and analysts previously attributed solely to the …
Persistent link: https://www.econbiz.de/10010472574