... are required to ensure that the developmental gaps across the states are reduced and the pattern of socioeconomic development shows fair distribution across the states and local communities. Furthermore, the variation in economic growth between Malaysian states must be ascertained based on the development gaps...

... population prospects project that the population in Africa is going to double by 2036 and account for about a fifth of the world’s population by the year 2050 (UN, 2009). In essence, one of the main challenges to contemporary and future development is high unemployment. The AERC (2014) has maintained...

... and the Developmental State in Africa: The Case for Transformation”, Working Paper Nos 2011-18, Department of Economics, University of Massachusetts Amherst, Amherst. Wantchekon, L. , Klasnja, M. and Novta, N. (2014), “ Education and human...

... in order to give policymakers guidance on the Kose et al. and Henry hypothesis. Its object is to assess whether financial benefits of financial globalization are questionable until greater domestic financial development has taken place in African countries. The paper aims to discuss these issues...

... is followed here. Exports Economic growth Cause and effect analysis South Asia Development In testing the relationship between income and exports the logs of real GDP (LRY) and real exports (LRX) have been used so that the first differences can be interpreted as growth rates. The results...

...John Creedy; Norman Gemmell Purpose This paper aims to examine the growth effects of human capital investment achieved through publicly‐provided, compulsory education, financed from income and consumption taxes. Design/methodology/approach Constructs an endogenous growth model for developing...

...Renee Prendergast This paper is an attempt to understand how Amartya Sen's thinking on development and freedom has evolved from his critique of welfare economics and his concern with underdevelopment and poverty. It is argued that Sen has done a great deal to rescue welfare economics from...

... different schools and brings out a clearer picture of Young. Young's analysis of endogenous growth retains its relevance for the contemporary problems facing developing countries today. Also, seen from the Youngian perspective scarcity becomes an opportunity. This has the potential to transform...

...Khalid Aftab Carl   Liedholm and Donald C.   Mead . Small Enterprises and Economic Development: The Dynamics of Micro and Small Enterprises . Routledge, London , 1999 . © MCB UP Limited 2001 --> Small firms Economics Development This book brings...

..., educational and cultural credentials” of the “twentieth‐century developmentalism” are no less suspect than those of earlier versions of colonialism[4]. One of the critical themes that Carmen has explored in several different contexts with remarkable sensitivity and understanding is the complex...

...Dipak Ghush Yujiro   Hayami . Development Economics: from the Poverty to the Wealth of Nations . Oxford : The Clarendon Press   1998 . © MCB UP Limited 2000 --> Economic growth Development Technological change According to the author, this book is intended...

... of an environmental asset unrelated to its direct use) on rare species of plants or animals. Naturally if the country of location were to develop eco‐tourism, some of this valuation of bio‐diversity could be captured in charges to visit protected areas. However, it would be highly unlikely that all those who value...

...Roger Perman; P.B. Anand This paper has two objectives. First, it investigates some conceptual linkages between the sub‐disciplines of development economics and environmental economics. We find common methodological orientations, and shared interests in growth processes, resources...

...S.M. Naseem Unfortunately, this appreciation of the quintessential East Asian experience has come a bit too late in the day for most developing countries. Globalisation not only of trade but investment and unpredictable capital movements have gone too far to be reversed to a situation where...

... the “development agenda” – of improving human development. Progress with regard to the former is not sufficient to produce results concerning the latter. Viewing as a student of economic history, one could divide India’s 50 years of economic policy management into four phases. The Nehruvian era (1947‐1965...

...Abdullah Yavas The purpose of this paper is to understand how the effect of the government size per capita on the steady‐state level of output and on the growth rate differs between LDC’s and developed countries. It is shown that an increase in government size will increase the steady‐state level...

..., an area which has received only sporadic attention in the literature. It is this supply aspect which is critical to economic development and economists should now devote more attention to it. © MCB UP Limited 1994 Capitalism Development Economic Theory Economists Entrepreneurs Motivation...

... middle‐income households, (2) such a reduction in GFR may take place at the expense of a lower FLPR which is also found to be negatively affected by a ceteris paribus improvement in income distribution, and (3) an increase in FLPR in developing countries may not necessarily lower GFR possibly...