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Capabilities, conversion factors and institutions

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  • Shankaran Nambiar

    (School of Business Manipal International University Malaysia)

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.

Suggested Citation

  • Shankaran Nambiar, 2013. "Capabilities, conversion factors and institutions," Progress in Development Studies, , vol. 13(3), pages 221-230, July.
    • Handle: RePEc:sae:prodev:v:13:y:2013:i:3:p:221-230
    DOI: 10.1177/1464993413486547
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    References listed on IDEAS

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    Cited by:

    1. Tumuheki, Peace Buhwamatsiko & Zeelen, Jacques & Openjuru, George Ladaah, 2016. "Towards a conceptual framework for developing capabilities of ‘new’ types of students participating in higher education in Sub-Saharan Africa," International Journal of Educational Development, Elsevier, vol. 47(C), pages 54-62.

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