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Inequality: Economic and Social Issues
This book presents wide-ranging perspectives on economic inequality, as measured by differences in incomes and wealth. The contributors to this book explore how the economy is shaped in such a way as to generate differences in economic and social welfare between individuals, regions and nations.
The Law of Riba in Islamic Banking
The issue of riba, that is, interest/the "excess" or "surplus" on loans is crucial for both Islamic and non-Islamic countries. Western economic systems use interest to distribute financial resources efficiently for investment and/or consumption, while Islamic economies pursue a completely different strategy for financing loans, which adheres to Islamic laws and prohibits the activities of conventional banking systems with regard to interest. This book argues that there is scope for new definitions and analysis based on alternative concepts which respect Islamic values and principles, yet pave the way for modification and debate. The book comprises of two parts. Theoretical issues are dealt w...
Poverty in Contemporary Economic Thought
Poverty in Contemporary Economic Thought aims to describe and critically examine how economic thought deals with poverty, including its causes, consequences, reduction and abolition. This edited volume traces the ideas of key writers and schools of modern economic thought across a significant period, ranging from Friedrich Hayek and Keynes to latter-day economists like Amartya Sen and Angus Deaton. The chapters relate poverty to income distribution, asserting the point that poverty is not always conceived of in absolute terms but that relative and social deprivation matters also. Furthermore, the contributors deal with both individual poverty and the poverty of nations in the context of the ...
Inequality: Economic and Social Issues
Inequalities of opportunity affect a person’s life expectancy and access to basic services and human rights through discrimination, abuse, and lack of access to justice. High levels of inequality of opportunity discourage skill accumulation, choke economic and social mobility, and, consequently, depress economic growth. Inequality also entrenches uncertainty, vulnerability, and insecurity; undermines trust in institutions and government, increases social discord and tensions, and triggers violence and conflicts. This book presents wide-ranging perspectives on economic inequality, as measured by differences in incomes and wealth. The contributors to the book explore how the economy is shape...
Vulnerable Daughters in India
In India, girls are aborted on a massive scale merely because they are girls. Underlying this widespread problem is the puzzling fact that daughters have become vulnerable in a time of general improvement of welfare, female status and deep economic and social changes. The findings centre on a contradiction between the continued importance of the cultural factors which for so long have established that a son is necessary, and socio-economic changes that are challenging the importance of these very same factors. This contradiction entails an uncertainty over sons fulfilling expectations which has, rather than tilt the balance in favour of daughters, instead increased the relative importance of sons and intensified negative consequences for daughters. The original findings are based on set theoretic systematic comparisons of eight villages in Himachal Pradesh that facilitate a reconceptualization and an alternative analysis that takes contextual differences into account. It builds on extensive fieldwork and collection of both qualitative and quantitative data.
Poverty in the History of Economic Thought
Poverty in the History of Economic Thought: From Mercantilism to Neoclassical Economics aims to describe and critically examine how economic thought deals with poverty and the poor, including its causes, consequences, reduction, and abolition. This edited volume traces the economic ideas of key writers and schools of thought across a significant period, ranging from Adam Smith and Malthus through to Wicksell, Cassel, and Heckscher. The chapters relate poverty to income distribution, asserting that poverty is not always conceived of in absolute terms, and that relative and social deprivation matter also. Furthermore, the contributors deal with both individual poverty and the poverty of nation...
Development Economics and Policy
Hans Singer is undoubtedly one of, if not the, world's major scholars in the field of Development Economics. Over the last six decades he has made numerous contributions to the subject both as scholar and practitioner. This book contains 27 essays that were prepared for a conference that was held in Innsbruck Austria in May 1996 to celebrate his 85th birthday and represents a major and important overview of issues in development economics from the most eminent scholars in the field.
Poverty, Justice, and Western Political Thought
The number of people who live in poverty has always far exceeded the number who do not. The normative question of how governments ought to treat the poor goes to the heart of the idea of justice and thus it is an essential element of political theory. Yet, there has been no formal study of the treatment of poverty in Western political thought. The chapters ofPoverty, Justice, and Western Political Thought include an analysis of the main arguments of Plato, Aristotle, Locke, Rousseau, Smith, Mill, Tocqueville, Hegel, Marx, Rawls, and Nozick about the causes, effects, and solutions to the problem of poverty and how their treatments of poverty relate to the idea of a just society. This book ask...
