The rise and decline of the Italian economy over the past 60 years form a surprisingly regular parabola, if the main European partner economies are taken as benchmark, so that its vertex equal to 1 means that Italy completely caught-up Europe around the 1990s. This implies that, in order to...

Objective: The paper aims at identifying and assessing the significance of work-life balance determinants between the Youth of highly developed societies and its implications for human resources management on the example of Norway. Research Design & Methods: The research target group consists of...

Notably, Africa countries have enjoyed relatively strong economic growth for the past years (decade) mainly because of impressive global demand for primary commodities. Unfortunately, Africa’s economic growth had failed to generate many good jobs and thus postponing the benefits of the...

This paper systematically presents the geographical and historical forces that have shaped the resource base, infrastructure, connectivity, socio-economic milieu and consequently the economy of Tripura determining the level of human development in the state. In spite of a great burden of...

Indigenous groups account for over one tenth of Mexico’s population and many of them suffer from constant social disadvantages and extreme marginalization. One of their few paths out of poverty is through the accumulation of human capital, which is a central element of Oportunidades’...

How can we measure economic development? Is it in money terms or in human terms? If it is the second one, how can we measure economic development in human aspects? These questions had been asked and argued for several years. Human development concept and its index gives answer for these...

The paper aims to estimate the Fisher index during the period 1994-1997 to explore how well the Laspeyres index can serve as the cost of living index. It is shown that the Laspeyres results in an upward substitution bias, and the bias appears to be higher for the ultra-poor and the poor. It...

To estimate the poverty rate at the commune level, the Ministry of Labor, Invalids and Social Affairs firstly collects information on households’ income per capita, and compares their income with a defined poverty line. A household is identified as a poor one if their income per capita is...

The Inequality-adjusted Human Development Index (IHDI) was presented in the 20th anniversary edition of the Human Development Reports, in 2010. In using a penalty setup for the calculations of the IHDI, however, the results overestimate the adjustments on the HDI. This paper suggests a revision...

GDP remains too much of an imprecise measure of the standard of living. There is a need for either substitutes or complements. Nighttime lights are a reasonable indicator of the extent, scale, and intensity of socio-economic activities, but a poor measure of national welfare. However, if...