Why are some countries richer than others? We suggest in the line of political economy theory that traditional production factors cannot explain the observed differences. Rather, differences in the quality of formal institutions are crucial to economic wealth. However, this type of political economy theory accentuating the role of formal institutions cannot stand on its own. This implies a soci...

Capital-account liberalization was once seen as an inevitable step along the path to economic development for poor countries. Liberalizing the capital account, it was said, would permit financial resources to flow from capitalabundant countries, where expected returns were low, to capital-scarce countries, where expected returns were high. The flow of resources into the liberalizing countries w...

Forest exploitation in British Columbia is currently unsustainable. Economic analysis is frequently used to justify the high rate of cut by documenting the revenue, job and wage benefits of current industrial forestry. However, Hicks’ definition of income implies that it is poor accounting practice to count the consumption of natural capital as income. Yet in BC, economic analysis fails to make...

Foreign direct investment (FDI) is an investment in a business by an investor from another country for which the foreign investor has control over the company purchased. The need for foreign capital for a developing country like India could arise on account of the following reasons reasons. Foreign capital is usually essential atleast as temporary measure during the period of development. Forei...

In this article we adopt a Bourdieu-based approach to study social inequalities in perceptions of mental and physical health. Most research takes into account the impact of economic or social capital on health inequalities. Bourdieu, however, distinguishes between three forms of capital that can determine peoples' social position: economic, social and cultural capital. Health research examining...

health lifestyle is known pattern of collective behaviors that engage in risky health problems and their causes and reasons of health to ensure. accomplished explanations mainly have considered on determinatives such as structural and social factors individual choices. this survey, as a similar approach, focused on discovers the capital causes that influencing on individual choices, which affec...

 In this paper, a version of the Vector Auto Regression (VAR) model has been used to investigate the interacted and dynamic effects between social capital and economic development in Iran during the period 1987-2006. To this purpose, variables of human capital, health and income distribution have been considered as the proxies of economic development. In addition, the volume of risky bank chequ...

Despite the tremendous destruction wrought by catastrophes, social science holds few quantitative assessments of explanations for the rate of recovery. This article illuminates four factors-damage, population density, human capital, and economic capital-that are thought to explain the variation in the pace of population recovery following disaster; it also explores the popular but relatively un...