Capabilities, conversion factors and institutions

Shankaran Nambiar
Additional contact information
Shankaran Nambiar: School of Business Manipal International University Malaysia

Progress in Development Studies, 2013, vol. 13, issue 3, 221-230

Abstract: Sen’s capability approach emphasizes the importance of freedom and choice in leading the life that one values. In the capability approach, a person converts the vector of commodities into functionings. This conversion depends upon personal, social and environmental factors. These conversion factors are important because they constrain the capability achievement of individuals, a matter that is especially important for the poor. Using the case of a credit cooperative in Malaysia, this article seeks to demonstrate the importance of conversion factors and how it is possible to improve the capabilities of the poor.

Keywords: Functionings; capabilities; constraints; credit cooperatives (search for similar items in EconPapers)
Date: 2013
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
https://journals.sagepub.com/doi/10.1177/1464993413486547 (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:sae:prodev:v:13:y:2013:i:3:p:221-230

DOI: 10.1177/1464993413486547

Access Statistics for this article

More articles in Progress in Development Studies
Bibliographic data for series maintained by SAGE Publications ().