Index

Inclusive Developments Through Socio-economic Indicators: New Theoretical and Empirical Insights

ISBN: 978-1-80455-555-2, eISBN: 978-1-80455-554-5

Publication date: 19 July 2023

This content is currently only available as a PDF

Citation

(2023), "Index", Das, R.C. (Ed.) Inclusive Developments Through Socio-economic Indicators: New Theoretical and Empirical Insights, Emerald Publishing Limited, Leeds, pp. 333-347. https://doi.org/10.1108/978-1-80455-554-520231028

Publisher

:

Emerald Publishing Limited

Copyright © 2023 Ramesh Chandra Das


INDEX

Aberration

towards non-traded sector
, 108–109

Absolute beta convergence
, 300, 302

of forest products
, 302

Absolute convergence phenomena
, 16

Academy for Educational Development, The (AED)
, 158

Accompany Children College related matter (ACCRM)
, 313

Accompany Children for School/College related matter (ACSRM/ACCRM)
, 313, 317

Adult literacy rate (ALR)
, 205

Agenda for Sustainable Development (2030)
, 46

Agricultural/agriculture

activities
, 325

growth
, 323

output
, 322

policies
, 162

productivity
, 325

sector
, 224, 230, 322

Akaike information criterion (AIC)
, 9

Allocative efficiency
, 107

ALMPs
, 174–175

American freeways
, 142

Analysis of Variance (ANOVA)
, 49

technique
, 50

Analytical approach
, 237

Annual Development Programme (ADP)
, 129

Aqaba Water Company
, 160

Arab Spring
, 72, 79, 82

Arithmetic mean
, 327

Asia-Pacific Economic Cooperation (APEC)
, 16

Asian Development Bank (ADB)
, 171

report
, 173

Strategy 2020
, 171

Assets
, 272

Augmented Dickey Fuller (ADF)
, 183

Autoregressive distributed lag (ARDL)
, 183

Autoregressive integrated moving average (ARIMA)
, 183

Azure, IoMT FHIR Connector for
, 278–279

Azure IoT solutions
, 279

Backward linkages
, 237

Balance of payment (BoP)
, 221

Balochistan Drought Needs Assessment Report (BDNA Report)
, 117

Baluch

community
, 118, 120

people
, 119

tribal groups
, 119

Baluchistan, socio-economic profiles of tribes of
, 118–121

Baluchistan Institute of Technical Education (BITE)
, 121

Baluchistan Liberation Army (BLA)
, 120

Bangladesh
, 129

current development paradigm of Bangladesh finance for development
, 129–130

development governance in Bangladesh
, 132–135

DPs’ involvement and development effectiveness in
, 131–132

Bangladesh Development Forum (BDF)
, 132

Bangladeshi Taka (BDT)
, 133

Bank credit
, 259

data
, 262–263

methodology
, 260

observations from literature on credit and economic development
, 259–260

results
, 263–267

TOPSIS algorithm
, 261–262

Banking sector
, 258

Beta convergence (β convergence)
, 16, 63, 258, 300

Big data
, 272

Big-bang approach
, 204

BIS
, 75

Blockchain
, 272, 274

architecture
, 279

architecture for blockchain in IoMT
, 275

DLT integration with IoMT
, 276

eye hospital stores details of eye donators
, 278

IoMT FHIR connector for Azure
, 278–279

remote patient monitoring with IoMT
, 277–278

setup and requirements
, 279

standards and technology
, 273

technology
, 272

Bluetooth Low Energy (BLE)
, 276

Boron
, 36

Boston Housing’s study
, 143

Box plots for comparative macroeconomics rankings of states
, 270

Brazil, Russia, India, China, South Africa (BRICS)
, 16

countries
, 60

Break points, results of test on
, 251–254

British Indian Empire
, 119

Brush Pegan test
, 289

Business Process Management (BPM)
, 228

Business process outsourcing (BPO)
, 226

Business strategies
, 88

CA Bi-plots
, 264

for cross-tabulation based on SCB credit and macroeconomic performances
, 270

Capital constraint
, 104

Capital government expenditure (CGE)
, 181, 185

Capital-intensive production techniques
, 98

CENSUS data
, 210

Central Provident Fund
, 175

Chattogram–Cox’s Bazar Railway Project
, 132

Chhotonagpur Plateau’
, 296n1

Chi-square test statistic
, 92

Child’s right to free and compulsory education. project
, 253

Children’s Average Education (CAEd)
, 312, 318

Children’s educational attainment
, 310

in Assam
, 312

China
, 204

Classical linear multiple regression model (CLMRM)
, 49, 52

Classical theory
, 4

Climate change
, 194

Climate smart soil (CSS)
, 197

Cloud systems
, 274

Cluster analysis
, 149

Co-integration
, 183

CO2 emissions
, 20, 27, 63, 66

Cobb–Douglas production function
, 184

Coefficient of determination
, 49

Coefficient of variation (CV)
, 49, 56, 63, 327

Composite performance indicator
, 263

Compulsory education Act (1964)
, 253

Computable general equilibrium (CGE)
, 248

Conditional beta convergence
, 303

analysis
, 299

Conditional convergence concept
, 16

Confidence Interval Approach (CIA)
, 49, 279

Congolese copper belt
, 242

Construction industry stakeholders
, 201

Consumption-based services
, 227

Contextual factors influencing price of real estate

model
, 145–147

real estate market analysis
, 141

results
, 147–151

selection of variables
, 143–145

Conventional irrigation methods
, 162

Conventional method of ADF test
, 185

Conventional β-convergence hypothesis
, 64

Convergence
, 63, 258, 296, 298

σ-convergence
, 258

aims and objectives
, 49

data source
, 49

of forest products
, 302–303

of income from forestry
, 301–303

literature survey
, 61–63

methodology
, 49–50, 63

model
, 64–65

objectives
, 60–61

process
, 17

results
, 50–56

results of test on
, 251–254

review of literature
, 47–48

β-convergence
, 258

Convergence analysis
, 302

Correlation analysis
, 49

Correlation coefficient
, 49, 327

Corruption
, 134

Countries in study sample
, 30–31

COVID-19
, 128, 130, 223

pandemic process
, 196

Credit allocation
, 98

to MSME’s and formation of usurious interest rates
, 99–101

priority sector lending and
, 105–106

tariff protection for
, 104–105

Credit flow dynamics, cross-country empirical analysis of
, 111

Credit guarantee
, 107

Credit markets
, 237

Credit mobilization
, 98

through FDI
, 102–103

Crop production
, 324

Cross-country empirical analysis of credit flow dynamics
, 111

Cryptographic techniques
, 277

Current daily status (CDS)
, 225

Cutting-edge tools
, 272

Dalits in India
, 285–286

Dasherkandi Sewage Treatment Plant (Dasherkandi STP)
, 134

Data
, 80–81

accumulation
, 275

management layer
, 275

Debt autonomy (DA)
, 205, 207

Decentralization
, 209

Decision of marriage and higher education for their children (DCBMHEdC)
, 317

Decision regarding Choice Between Marriage and Higher Education of Children (DCBMHEdC)
, 313

Decision regarding Higher Education of Children (DHEdC)
, 313

Decision regarding Marriage of Children (DRMC)
, 313

Decision-making process
, 117, 120

Defensive strategy
, 77

DEI
, 286–287

Delta Plan 2100, The
, 130

DEMATEL methodology
, 38

Democratic Republic of Congo (DRC)
, 242

Department of Statistics (DoS)
, 162

Dependency ratio (DR)
, 49, 54

Depreciation of human capital
, 82

Developed countries
, 4, 8–9

dependency on MSMEs for employment in developing and less
, 99

Developing countries
, 4, 7

Development effectiveness agenda
, 128

Development effectiveness in Bangladesh
, 131–132

Development Effectiveness Wing (DEW)
, 132

Development governance in Bangladesh
, 132–135

Development process
, 241–242, 284

Development Project Proforma (DPP)
, 132

Development projects in Bangladesh
, 134

Device data
, 278

Diesel Electrical Multiple Unit (DEMU)
, 134

Difference stationary (DS)
, 251

Digital adoption
, 88–89

Digital adoption in business across countries

data analysis
, 90–91

empirical results
, 92–94

literature review
, 89–90

methodology
, 90–92

Digital Adoption Index (DAI)
, 89–90, 92–93

in business
, 90

dependent variable as
, 91

variation
, 91

Digital economy
, 88

Digital finance inclusion
, 89

Digital intensity
, 88

Digital Ledger Technology (DLT)
, 273

integration with IoMT
, 276–278

Digital transformation
, 88

Digitalization
, 90

in financial sector
, 88

information technology
, 89

process
, 220

Digitization
, 90

Digression to flexible coefficient case
, 107–108

District Primary Education Program (1997–1998)
, 253

Divergence
, 298

Divine power
, 73

Domestic economy of Nigeria
, 180

DP
, 131

involvement in Bangladesh
, 131–132

Dropping variable technique
, 292

Dummy variables
, 250

Dynamic factor model
, 18

Dynamic panel equation
, 8

Dynamic panel regression structure
, 9

Early Childhood Education and Care (ECEC)
, 311

Earnings equations
, 240

Eco Development Committees (EDC)
, 297n5

Econometric equations
, 302

Econometric technique of least square method
, 302

Econometric tools
, 49

Economic and Social Commission for Western Asia (ESCWA)
, 159

Economic cohesion
, 63

Economic convergence
, 16

Economic criterion
, 231

Economic development
, 322

observations from literature on credit and
, 259–260

Economic growth
, 6, 180, 241

literature
, 63

models
, 60

in Nigeria
, 181

Economic Relations Division (ERD)
, 132

Economists
, 6

Educated mothers
, 310

Education
, 61, 120, 248, 310–311, 322

system
, 122

Education of mother in years (MEd)
, 313

Effective demand
, 7

Elective services
, 60

Electronic commerce (e-commerce)
, 88

EMISSION
, 20

Employment
, 224–226

sectoral contribution of
, 221–224

Empowered women
, 312

Endogenous growth theory
, 184

Endogenous variables
, 104

Energy
, 198

Enthusiasm for microcredit
, 100

Entrepreneurship development
, 227

Epanechnikov Kernel function
, 206

Error correction modelling techniques (ECM techniques)
, 183

results
, 188–189

Estimation, results of
, 251

Ethnic groups
, 116

of Pakistan
, 117

Ethnic/religious fragmentation (ERF)
, 205

EU-funded SPuMoNI project
, 274

Euclidean distance
, 208

European sovereign debt crisis
, 222

Excel version (2021)
, 243

Exclusion
, 116, 220

policy of
, 119

Executive Committee of the National Economic Council (ECNEC)
, 133

Expenditure ratio (ER)
, 205–207

Explanatory variables
, 313, 317

Export
, 226

External-debt-to-GDP ratio
, 221

Factor analysis
, 145, 241

Factor score coefficient matrix
, 146

FED
, 75

Federally Administered Tribal Areas (FATA)
, 117

socio-economic profiles of tribes in
, 121–122

FERTILITY indicator
, 20

Fertility rate
, 20

Final-demand linkages
, 237

Financial institution
, 230

Financial sector reform
, 221

Financial services
, 228–229

Financialization process
, 228

Fiscal decentralization

empirical model and variable description
, 209–210

goals
, 204

index
, 206

methodology
, 206–209

results
, 211–214

Fiscal linkages
, 237

Fiscal transfers
, 215

Five Year Plans (FYP)
, 130

Fixed effect (FE)
, 92

Flexible coefficient case, digression to
, 107–108

Food and Agricultural Organization (FAO)
, 157 296

Foreign direct investment (FDI)
, 20–21, 34, 72, 99, 130, 222, 235

credit mobilization through
, 102–103

Foreign institutional investors (FII)
, 222

Forest products, convergence of
, 302–303

Forest protection Committees (FPC)
, 297n5

Forest Survey of India (FSI)
, 296

Forestry
, 296–297

convergence of income from
, 303–305

sector
, 298

Forward linkages
, 237

Fossil fuel-based energy resources
, 34

Gender
, 286

Generalized Entropy Index (GE Index)
, 208

Generalized Method of Moments strategy (GMM strategy)
, 8

GMM Kernel estimations
, 206, 210

Ghana Statistical Service 2010 Population and Housing Census (PHC)
, 243

Gini coefficient
, 209, 242

GINI index
, 204, 242

Global financial crisis
, 222

Global Gini index
, 7

Global health stagnation
, 61

Global Partnership for Effective Development Co-operation (GPEDC)
, 128

Globalization
, 221

data and methodology
, 8–9

empirical results
, 9–11

literature survey
, 5–7

process
, 45

Governance
, 72, 128–129

issue
, 128

Government
, 227

Government deficit financing (GDP)
, 185

GDP per capita (2009)
, 174–175

growth
, 222

Government expenditure (GE)
, 180

Government of Bangladesh (GoB)
, 129, 131

Government-DP Local Consultative Group (Government-DP LCG)
, 132

Granger causality tests
, 259

Great Crisis (2007–2011)
, 72, 74, 78–79

Great recession
, 46

Greenhouse gas (GHG)
, 34

Gross district domestic product (GDDP)
, 20, 301

Gross domestic product (GDP)
, 72, 90, 180, 235, 258, 272, 325

Gross enrolment ratio (GER)
, 253

Gross national product (GNP)
, 241

Gross non-performance asset ratio (GNPAR)
, 111

Gross state domestic product (GSDP)
, 249, 262

Gross value added (GVA)
, 262

Group liability
, 99

Growth

export
, 226

India’s growth story
, 221

lack of convergence in
, 258

process
, 220, 251

sectoral contribution of
, 223–226

GSDP expenditure on education (GSDPE)
, 250

Guaranteed Employment Program
, 175

Gwadar Institute of Technical Education (GITE)
, 121

Health
, 322

data
, 272

Healthcare
, 59–60

professionals
, 275

High income (HI)
, 9

‘Homoeconomicus’ concept
, 72

‘Homopoliticus’ concept
, 72

Homosapien
, 72

definition for
, 73

Household’s Annual Income (HAI)
, 313

Human being, evolution and devolution of
, 83–84

Human capital theory
, 238

Human Development Index (HDI)
, 46, 117, 248, 251

Human development report (HDR)
, 117, 248

Hypothesis testing
, 49

Implementation Monitoring and Evaluation Division (IMED)
, 134

Implementation process
, 129

Inclusive development

data presentation and analysis
, 185

ECM results
, 188–189

empirical issues
, 182–184

Johansen co-integration test result
, 186

literature review
, 181

long-run statistic regression of SMEs output
, 186–188

model specification
, 184–185

Musgrave theory of public expenditure growth
, 181–182

SMEs and
, 189

Solow’s Growth Theory
, 182

theoretical framework
, 184

unit root test
, 185

Inclusive growth
, 47, 170, 220, 230, 322

changes of benefits and coverage of SPI and spending on SPI in our study period 2009–2015
, 174–175

database and methodology
, 173

results and analysis
, 176–177

status of components of SPI across selected states
, 173–174

Inclusiveness
, 220

aims and objectives
, 49

data source
, 49

enigma to
, 230–231

methodology
, 49–50

results
, 50–56

review of literature
, 47–48

Income
, 4

convergence of income from forestry
, 303–305

data and methodology
, 8–9

data requirement and method
, 243

empirical results
, 9–11

equations
, 241

gap
, 194, 196

inequality
, 39, 50

literature review
, 236–242

literature survey
, 5–7

results
, 243–244

Income Concentration Index (ICI)
, 50

Index of democracy (ID)
, 205

India
, 204

alternative discourse
, 229–230

analyzing different subsectors of services sector to understand outperformance
, 226

enigma to inclusiveness
, 230–231

financial services
, 228–229

growth story
, 221–223

India’s growth process
, 220

India’s irrigational efficiency
, 323

information technology/information technology-enabled services
, 228

sectoral contribution of growth and employment
, 223–226

service-led growth in
, 224

Indian banking
, 258n1

Indian context
, 102

Indian economy
, 221, 259

Indian States
, 258, 262

data
, 251

methodology
, 250–251

overview of literature
, 248–249

results of estimation
, 251

results of test on convergence and break points
, 251–254

Indicators
, 60

Indigenous technology, lack of
, 102

Industrial liberalization
, 221

Industrial Revolution (IR)
, 34

Industry
, 224

Industry 5. 0
, 272

Inequality
, 4, 11, 46, 209, 214, 241

in LEB
, 50

Inequality in education (IE)
, 50

Inflationary rate (INF)
, 185–187

Information technology (IT)
, 223

information technology/information technology-enabled services
, 228

IT-BPM
, 228

Initial regression equation
, 9

Intel software guard extensions technology (Intel SGX technology)
, 273

Intellectual property rights
, 272

Intermediate goods
, 103

International aid basket
, 128

International financial institutions
, 75

International institutions
, 73

International Monetary Fund (IMF)
, 6, 75, 129

International policies for water sharing
, 161

Internet of Medical Things (IoMT)
, 274

devices
, 274, 278

DLT integration with
, 276–278

FHIR Connector for Azure
, 278–279

Internet of Thing (IoT)
, 197, 272

Irrigation facilities, disparities in
, 321–322

data descriptions and sources
, 326–327

literature review
, 324–325

major hypotheses
, 326

methodology
, 327

research gaps and objectives
, 325–326

results
, 328–332

Irrigation impact on agricultural productivity
, 325

Islamic Republic of Pakistan
, 116

Jobless growth
, 220

in Indian service sector
, 221

Johansen co-integration test result
, 186

Joint Cooperation Strategy (JCS)
, 131

Joint Forest Management (JFM)
, 297n5

Jordan
, 158

River Basin
, 159

strategies and recommendations for solving Jordan’s water problem to support socio-economic development
, 160–162

Jordan Water Authority (JWA)
, 160

Jordan’s water resources and problems
, 159–160

Jordanian-Israeli Peace Treaty
, 159

Kaiser criterion
, 146

Kalat State
, 119

Keynesianism
, 5

Khyber Pashtun Khoa, socio-economic profile of tribes of
, 122–123

Knowledge transmission
, 310

KOF Globalisation Index
, 8

Kuznets curve
, 242

Kuznets hypothesis
, 241

Labour market programs (LMP)
, 173

programs
, 171

Labour market reforms
, 221

Labour market segmentation in regional Ghanaian mining sector

data requirement and method
, 243

literature review
, 236–242

results
, 243–244

Labour-supply theory
, 238

Land

acquisition
, 132

markets
, 237

Learning without burden policy
, 253

Least square dummy variable (LSDV)
, 300

Leave-On-Out error (LOO error)
, 210

Leave-One-Out error loss function (Looloss)
, 210

LEMA (French company)
, 161

LEMA Amman Water Company
, 161

Level of education
, 151

Liberalization
, 102, 221

process
, 45

Life expectancy at birth (LEB)
, 46, 63, 65–66

Linkages
, 237

backward linkages
, 237

final-demand linkages
, 237

fiscal linkages
, 237

forward linkages
, 237

Local Consultative Group (LCG)
, 132

Location Quotient Method (LQM)
, 49, 50, 55

Log t’ regression model
, 19

Long-run statistic regression of SMEs output
, 186–188

Low income (LI)
, 9

Lower middle income (LMI)
, 9

Macroeconomic performance
, 263

data
, 262–263

methodology
, 260

observations from literature on credit and economic development
, 259–260

results
, 263–267

TOPSIS algorithm
, 261–262

Market mechanism
, 98

Marshall and Pigou’s direct effect
, 5

Mass Rapid Transit Project (MRT Project)
, 132

Mathematical tools
, 49

Medical Services Layer
, 275

MedRec
, 275

Micro, small and medium enterprises (MSME)
, 98

credit allocation to MSME’S and formation of usurious interest rates
, 99–101

credit guarantee, moral hazard and allocative efficiency
, 107

credit mobilization through FDI
, 102–103

cross-country empirical analysis of credit flow dynamics
, 111

dependency on MSMEs for employment in developing and less developed countries
, 99

digression to flexible coefficient case
, 107–108

hindrances in expansion of MSMEs
, 99

issues on unorganized sector
, 108–109

lack of credit rating of MSME
, 102

lack of indigenous technology
, 102

model
, 103

priority sector lending and credit allocation
, 105–106

impact of protection of organized sector and impact on non-traded unorganized sector
, 109–111

review of literature
, 99

tariff protection for small-scale sector and credit allocation
, 104–105

Micro and small enterprises (MSEs)
, 99

Microfinance institution (MFIs)
, 98, 100

Microfinance repayment schedules
, 100

Millennium Development Goals (MDG)
, 47

Mining
, 236

companies
, 236

industry
, 235

Ministry of Water & Irrigation (MWI)
, 158

Model-1 standard OLS. 290

Modernization of industries
, 98

Modified fundamental index of fiscal decentralization (MFDI)
, 207, 210

index
, 208

Moral hazard
, 107

Mortality rate (MR)
, 205

Mother’s Age (MA)
, 313, 318

Mother’s Decision-Making Power regarding Children’s Education (MDMPCEdu)
, 313, 315–318

index
, 315

Mother’s education
, 317

data
, 312

explained variable
, 312

explanatory variables
, 313

MDMPCEdu
, 315–318

methodology
, 312

objectives of study
, 312

reliability analysis
, 315

results
, 313–315

review of literature
, 311

Mother’s Property (MP)
, 313

MSE Exchange
, 102

MSE Rating Agency of India (MSERA)
, 102

Multi-brand retail trade (MBRT)
, 102

Multiple criteria decision-making (MCDM)
, 258

Multiple Regression Analysis (MRA)
, 49

Multiple regression equations
, 54

Multiple Regression Model (MRM)
, 49

Musgrave theory of public expenditure growth
, 181

Wagner’s Law/Theory of Increasing State Activities
, 181–182

Muslim communities of Pakistan
, 117

Myanmar Climate Smart Agriculture Strategy (MCSAS)
, 198

National Accounts Classification (NAC)
, 223

National Bank for Financing Infrastructure and Development (NaBFID)
, 230

National Human Development Report (2017)
, 121

National income (NI)
, 182

National Research Institute
, 273

National Vision and Strategy (2015)
, 162

Nationalistic spirit of Pakistan
, 121

Near-field communication (NFC)
, 276

Negative ideal situations (NS)
, 261

Neighbourhood prestige
, 151

Neo-classical economic models
, 259

Neo-classical labour economics
, 238

Neoclassical School
, 5

Neoclassical theory
, 4–5, 239

Nigerian economy
, 181

NITI Aayog database
, 210

Non-random approach
, 292

Non-revenue water (NRW)
, 160

Non-traded unorganized sector, impact on
, 109–111

Non-traditional products
, 102

Normalization, anonymity, monotonicity, proximity, uniformity and signalling (NAMPUS)
, 208

Nuclear energy
, 34–36

analysis results
, 38

data source
, 38

socio–economic indicators of nuclear energy investments
, 36

theoretical background
, 36–38

Nutrition
, 322

Nykaa (consumption-based services)
, 227

Occupational segmentation
, 240

OMI
, 143

Optical fibre-based 5G enabled telecommunication
, 223

Ordinary Least Squares (OLS)
, 73, 241, 250

standard error
, 289

Organization for Economic Cooperation and Development (OECD)
, 311

Organized money markets
, 101

Organized sector, impact of protection of
, 109–111

Orissa Education Amendment Act and Establishment, The
, 253

Output subsystem
, 109

Paddy production

data descriptions and sources
, 326–327

disparities in
, 324

literature review
, 324–325

major hypotheses
, 326

methodology
, 327

research gaps and objectives
, 325–326

results
, 328–332

three different types of
, 326

Padma Bridge
, 133

Pakistan
, 117

federal government
, 119

Pakistani nationalism
, 116, 118

Panel causality approach
, 260

Panel cointegration
, 260

Panel data

methods
, 61

regression analysis
, 111

Panel model
, 18

Panel regressions model
, 92, 251, 253

Parliament Members (MP)
, 135

Paschim Medinipur District in West Bengal
, 325

Pashtuns
, 122

Per capita income (PCI)
, 9, 89, 248

Per capita renewable water resource
, 158

Personal health data management
, 281

Perspective Plan (2021–2041)
, 129

Planning Commission Databook (2014)
, 210

Pluralist society
, 117

Politic
, 164

Positive ideal solution (PS)
, 261

Poverty
, 284

Poverty alleviation programs
, 170

Poverty headcount ratio (POV)
, 9, 204, 208

Poverty reduction
, 209

Poverty-based social tension (PBST)
, 209

Poverty-led economy of IoMT under Industry 5. 0

architecture for blockchain in IoMT
, 275–279

overview of proposed architecture
, 274–275

proposed methodology
, 274

results
, 279–280

review technique and strategy
, 273–274

Poverty-related information
, 171

Poverty–line expenditures
, 172

Pre-crisis
, 76

Predictive Analytics SoftWare (PASW)
, 147

Price equations
, 104

Price of real estate, contextual factors influencing

model
, 145–147

real estate market analysis
, 141

results
, 147–151

selection of variables
, 143–145

Principal component analysis (PCA)
, 315

Principal component method
, 145

Privacy protection
, 275

Privatization
, 221

Pro-market growth momentum
, 220

Production

process
, 224

system
, 93

Public expenditure growth, Musgrave theory of
, 181–182

Public works programs
, 171

Punjab Education Sector Reform Programme (PESRP)
, 252

Purchasing power parity (PPP)
, 4, 46, 65, 222

Quota system
, 120

Rabindra Mukta Vidhyalaya Act
, 253

Radio Frequency Identification (RFID)
, 276

Random approach
, 292

Random effects (RE)
, 81, 92

Rational economic agents
, 239

Rawlsian social justice theory
, 117

Real Estate Index (REI)
, 143

Recurrent government expenditure (RGE)
, 181, 185

Red Sea Dead Sea Canal Project, The (RSDSCP)
, 161

Regional development process
, 236, 238

Regression analysis
, 173, 317

Regression equation
, 54, 176

Reliability analysis
, 315

Remittance
, 130

Renewable energy (RE)
, 34

Research and Development intensity (R&D intensity)
, 88

Reserve Bank of India (RBI)
, 263

Revenue autonomy (RA)
, 205, 207

Right to food security
, 62

Right to nutrition
, 62

Rules of the game

concepts
, 72

data and variables
, 80–81

definition for
, 72–73

definition for Homosapien
, 73

definition for sage
, 74

descriptive statistical analysis
, 80

empirical analysis
, 80

evolution and devolution of human being
, 83–84

model and estimation results
, 81–83

theoretical perspective
, 74–80

Rural education rate
, 324

Sage, definition for
, 74

Sakta village, The
, 198

Sardar
, 118

Sardari system
, 118

Sarva Siksha Abhiyan project
, 253

Scalar identity
, 285

Scheduled Commercial Banks (SCBs)
, 258

Schnorr Identification Scheme (Schnorr IS)
, 272

Second-order auto-correlation test
, 11

Secondary data sources
, 49

Secondary sector
, 224

Security protection
, 275

Security reference architecture (SRA)
, 274

Segmentation theory
, 238–239

Segmented labour market (SLM)

approach
, 239

theory
, 238

Selection of Course of Study for the children (CSSC)
, 313

Selection of School or College for the children (SSFC/CCFC)
, 313

Sensor nodes
, 272

Service-led growth
, 222

in India
, 224

Service-oriented production system
, 102

Services sector

analyzing different subsectors of services sector to understand outperformance
, 226–227

in India
, 223

Severance payments
, 171

Share of urban population (SUP)
, 205

Sigma convergence (σ convergence)
, 50, 56, 63, 258, 300

Sigma divergence
, 303

Simple moving average (SMA)
, 326

Small-and medium-sized enterprises (SMEs)
, 99, 181

and inclusive development
, 189

long-run statistic regression of SMEs output
, 186

in Nigeria
, 180

sector
, 182, 189

subsector
, 180

Small-scale sector, tariff protection for
, 104–105

Smart Eko-Social Villages
, 198

Smart villages
, 196, 199

recommendations for smart villages effective in sustainable socio-economic development
, 196–200

Smartness transformation strategy
, 199

Social cohesion
, 63

Social exclusion
, 284

analytical perspectives
, 289–293

construction of social exclusion index
, 286–289

formalization of concept of
, 282

groundwork for measuring social exclusion
, 285–286

review of some of studies of
, 284–285

Social inclusion
, 200–201

Social Protection Index (SPI)
, 171–172

changes of benefits and coverage of SPI and spending on SPI in our study period 2009–2015
, 174–175

components of
, 173

status of components of SPI across selected states
, 173–174

Social Protection Program on Inclusive Growth
, 173

Social protection programmes
, 63

Social sector expenditure on education (SSEE)
, 248

Social sector expenditures (SSE)
, 249

on education
, 250

Social transfers
, 242

Socio-economic development

Jordan’s water resources and problems
, 159–160

strategies and recommendations for solving Jordan’s water problem to support
, 160–162

Socio-economic inclusion process
, 116

Socio-economic inclusiveness process
, 116, 123

Socio-economic indicators
, 119

analysis results
, 38

data source
, 38

drivers for transformation and establishment of villages into sustainable and smart ones
, 195–196

of ES
, 54

of nuclear energy investments
, 36

recommendations for sustainable and smart villages effective in sustainable socio-economic development
, 196–200

of SS
, 54

theoretical background
, 36–38

Socio-economic profiles

of tribes in FATA
, 121–122

of tribes of Baluchistan
, 118–121

of tribes of Khyber Pashtun Khoa
, 122–123

Socio-economic security concept
, 170

Socioeconomic aspects of society
, 310

Socioeconomic convergence
, 18

literature review
, 16–18

methodology and data
, 18–20

results
, 20

Socioeconomic status (SES)
, 47

Soil health
, 323

Solar water treatment technology
, 162

Solow model
, 299

Solow’s Growth Theory
, 182

Solow–Swan model
, 182

South Asia social protection
, 170

Spatial Data Infrastructure (SDI)
, 274

Spearman coefficient
, 150

Spearman’s correlation coefficient
, 267

Spearman’s rank correlation test
, 266

Standard deviation (SD)
, 50, 327

Static panel data model variables
, 92

Static panel regression
, 91

Statistical Package for the Social Sciences (2021) (SPSS)
, 243

Statistical tools
, 49

Subsectors of services sector to understand outperformance, analyzing different
, 226–227

Supply-leading hypothesis
, 260

Surface water resources
, 159

Sustainable Development Goals (SDGs)
, 46, 195

Sustainable management of Jordan’s water resources
, 158

Sustainable smart villages
, 197–198

Sustainable socio-economic development, recommendations for sustainable and smart villages effective in
, 196–200

Sustainable villages
, 196, 199

Swiggy (consumption-based services)
, 227

SZG
, 205

Tariff protection for small-scale sector and credit allocation
, 104–105

Tax
, 130

Technical Project Proforma (TPP)
, 132

Technique for Order Preference by Similarity to Ideal Solution (TOPSIS)
, 258, 261–262

Technology driven FDI (TFDI)
, 75

Tertiary sector
, 224

Test of Significance Approach (TOSA)
, 49

Theory of convergence
, 299

Tobit-I model
, 291

Tobit-II model
, 291

Tobit-III model
, 291

Total factor productivity growth (TFPG)
, 324

Trade liberalization
, 221

Trade openness ratio (TOR)
, 205

Transfer dependency ratio (TD)
, 205, 207

Transparency International Bangladesh (TIB)
, 135

Trend stationary (TS)
, 251

Tribes of Pakistan, The

recommendations
, 123

research objectives, questions and methodology
, 116

review of literature
, 116–117

socio-economic profile of tribes of Khyber Pashtun Khoa
, 122–123

socio-economic profiles of tribes in FATA
, 121–122

socio-economic profiles of tribes of Baluchistan
, 118–121

theoretical outline
, 117–118

Twelfth Five-Year Plan, The
, 99

Two-step cluster analysis
, 147, 149

UN 2030 Agenda, The
, 195

Unconditional Beta Convergence
, 298

UNDP 2011
, 285, 290

Unemployment insurance
, 171

Unified political block
, 62

Unit root test
, 185

United Nations (UN)
, 129, 194

United Nations University–World Institute for Development Economics Research (UNU-WIDER)
, 8

Universal Coverage Scheme
, 175

Universal Health Coverage (UHC)
, 61–62

Unorganized money markets
, 101

Unorganized sector
, 223

issues on
, 108–109

Upper middle income (UMI)
, 9

Upper middle-income country (UMIC)
, 129

Uranium
, 36

Urbanization
, 20

URBANIZATION
, 20

US-based financial MNCs
, 75

Utilities Performance Monitoring Unit (UPMU)
, 159

Variables
, 80–81

selection of
, 143–145

Variance inflation factor (VIF)
, 289–290

Village-specific sustainability
, 199

Villages into sustainable and smart ones, drivers for transformation and establishment of
, 195–196

Virtual water trade
, 162

Wagner’s Law/theory of increasing state activities
, 181–182

Washington Consensus
, 221

Water
, 158, 323

stress
, 162

sustainability
, 162

Water resources
, 158, 161, 323

efficient management of
, 162

Weighted normalized decision matrix
, 261

Welfare of children
, 310

Well-educated woman
, 311

West Bengal

convergence of forest products
, 302–303

convergence of income from forestry
, 303–305

data and methodology
, 301–302

results
, 302

review of existing literature
, 299–301

Western concept of nationalism
, 117

White test
, 289

Women
, 311

World Bank
, 129

database
, 90, 210

ratios
, 206

World Health Organization
, 160

World Income Inequality Database (WIID)
, 8

World Social Report of United Nations, The
, 48

Wu Hausman test statistic
, 92

Zomato (consumption-based services)
, 227, 229

Prelims
Section I: Growth, Convergence and Inclusive Development Through Different Socio-economic Indicators in Groups of Countries
Chapter 1: Globalization and Income Inequality: Evidence From Developing and Developed Economies
Chapter 2: The Socioeconomic Convergence Across Different Income Groups of Countries
Chapter 3: Socio-economic Indicators of Nuclear Energy Investments: A Study on Countries
Chapter 4: Convergence and Inclusiveness Aspects of Various Socio-economic Indicators in Different Income Groups Across the World
Chapter 5: Convergence of Healthcare Expenditure in the BRICS Countries: A Study
Chapter 6: The Shifting Strategies of the Rules of the Game: The Role of Governance on Global Historical Change Over the Period of 2007–2014
Chapter 7: Determinants of Digital Adoption in Business Across Countries: An Empirical Exploration on its Sustainability
Chapter 8: Credit Allocation, Sustained Growth of MSMEs and Unorganized Sector: A General Equilibrium Study with Reference to the Less Developed Economies
Chapter 9: The Tribes of Pakistan: Quest for Socio-economic Inclusiveness
Chapter 10: Rethinking Development Effectiveness and Governance in Post-COVID-19 Period: Bangladesh Perspective
Chapter 11: An Inclusive Indicator to Measure the Contextual Factors Influencing the Price of Real Estate: A Study on Genoa in Italy
Chapter 12: An Investigation into Jordan's Water Scarcity Problem and its Impacts on Socio-economic Development
Section II: Poverty and Inequality Aspects of Different Socio-economic Indicators in Countries
Chapter 13: Impact of Social Protection Programs on Inclusive Growth through Poverty Alleviation: A Study on Some Asian Countries
Chapter 14: Government Expenditure, Growth of Micro, Small and Medium Scale Enterprises in Nigeria: A Step Towards Inclusive Development
Chapter 15: Sustainable and Smart Villages' Roles in Reducing the Income Gap and Supporting Socio-economic Indicators
Chapter 16: Insights from the India-China Comparison of Fiscal Decentralization and Its Effects on Poverty and Inequality Reductions: A System GMM Approach
Chapter 17: Service-led Growth in India: An Enigma to Inclusiveness
Chapter 18: Labour Market Segmentation and Income Inequality in Regional Ghanaian Mining Sector
Chapter 19: Social Sector Expenditures on Education and HDI: Evidence From Selected Indian States
Chapter 20: Bank Credit and Macroeconomic Performances: A TOPSIS-based Comparative Annual Ranking of States in India
Chapter 21: A Blockchain-based Secure Healthcare Solution for Poverty-led Economy of IoMT Under Industry 5.0
Chapter 22: Social Exclusion and Social Wellbeing: A Study into the Indian Data
Chapter 23: Dependency on Forest Resources in Different Forest Regions of West Bengal, India
Chapter 24: The Impact of Mother's Education on Children's Educational Outcome: A Household Level Analysis
Chapter 25: Disparities in Paddy Production and Irrigation Facilities: Any Correlation So Far Across the Blocks in the Paschim Medinipur District of West Bengal, India?
Index