The impact of childbirth on women's employment has been discussed extensively in the context of developed countries. Constraints on mothers' labour market participation and consequent fall in earnings are characterised as the 'motherhood penalty'. This phenomenon is relatively less explored in...

It is arguable that the most important event in the world economy in recent decades has been the rise of China, from being on a par with Sub Sahara Africa at the start of economic reform to being an economic superpower today. That rise remains under-researched. Moreover, the great structural...

In the presence of inequality a status-driven utility function reconciles the conflict between income-based and nutrition-based measures of poverty. Moreover, it can explain why the poor tend to save less, an established empirical fact in the developing countries. The result is independent of...