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Assessing changes in living standards in Southeast Asia in the twentieth and early twenty-first centuries -- The colonial period: population and output growth in agricultural and non-agricultural sectors -- The colonial period: measures of welfare and changing living standards -- Confronting the...
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According to western views, wealth is unambiguously good, and so human welfare is positive when wealth is in excess of needs, and negative if it is less. Islam has a substantially more sophisticated view of the relation between wealth and welfare. Excess wealth is a trial, which can bring great...
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Developing countries start the decade facing two major challenges: to continue the social and economic progress of the past 30 years in an international climate that looks less helpful; and to tackle the plight of the 800 million people living in absolute poverty, who have benefitted too little...
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This book contributes to the empirical literature on economic and human development from five different perspectives: the first chapter provides a new statistical test for bimodality of densities with an application to income data. The second chapter analyzes the worlds cross-country...
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The employment of financial development indicators without due consideration to country/regional specific financial development realities remains an issue of substantial policy relevance. Financial depth in the perspective of money supply is not equal to liquid liabilities in every development...
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