India’s software industry presents the case of an internationally competitive high-tech industry from a developing economy. This paper takes the evolution of the industry in terms of human capital accumulation. The initial stock of human capital in India led to entry of TNCs, which triggers a...

Corruption is a major political and economic issue in India. The stakes, value, frequency, and costs of corruption have become exceptionally high in the history of modern India. This is partly because some of the tenets of free market mechanism are implemented in the absence of underlying...

Cooperatives as organizational arrangements of collective economic activity can break up interlocked capital, labour and output markets in rural areas and alleviate poverty. The recent parallel law on cooperatives provides and opportunity to take a fresh look at this issue. There is no coherent...