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Social and Behavioral Sciences Commons™
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Full-Text Articles in Social and Behavioral Sciences
Economic Measurements And Quality Of Life In Mexico, Constantine P. Danopoulos
Economic Measurements And Quality Of Life In Mexico, Constantine P. Danopoulos
Faculty Publications
Using the Genuine Progress Indicator (GPI), the article seeks to evaluate the quality of life in modern Mexico. The GPI employs the same indicators used to arrive at per capita GDP, but adds positive and negative monetary and non-monetary actors that affect people's lives. Monetary factors include income distribution, increased health care cost due to air and water pollution, and loss of wetlands. Non-monetary factors involve parenting, time spent in highways, loss of leisure time, the cost of volunteer work, and other social costs. If one takes these into account, the purchasing power and quality of life of Mexican citizens …
Microfinance And Third World Development: A Critical Analysis, Elahi Khandakar, Constantine P. Danopoulos
Microfinance And Third World Development: A Critical Analysis, Elahi Khandakar, Constantine P. Danopoulos
Faculty Publications
Microfinance is emerging as an integral part of the new development paradigm, described by the phrase "participation and development. "Although the idea has become quite popular among donor agencies, development practitioners, and academicians, theoretical premises on which this idea is founded seem entirely unexamined. Accordingly, this article investigates the academic merits, as well as potential consequences, of this popular poverty alleviating model from the supply-side perspective and asks a provocative question: Do the microfinance ventures have features which suggest that the establishment of this new finance industry in the Third World countries might further complicate their pervasive poverty problems? The …