Showing 1 - 10 of 585
Access to finance by the poor is a sine qua non for poverty reduction through economic development thereby driving inclusive growth which can further lead to sustainable growth. This study using adequate data covering pre and postliberalisation period from 1974-75 to 2007-08 in the Indian...
Persistent link: https://www.econbiz.de/10011259337
This study while validating the increasing role for financial intermediaries in economic development has attempted to highlight the importance of reduction of transaction costs for financial deepening and consequent economic growth. It is elucidated that higher transaction costs of borrowing for...
Persistent link: https://www.econbiz.de/10011260268
This study has uniquely established that financing women though Self Help Groups has a significant role in empowering women, which is a smart economics indeed in achieving the objective of economic development of the weaker sections. The findings of this study establish using the statistical...
Persistent link: https://www.econbiz.de/10011110594
This paper investigates the theoretical and empirical foundations of the links between inclusive institutions, innovation and economic growth. Its first contribution to the literature is to provide a non-scale R&D-based growth model incorporating negative externalities linked to low...
Persistent link: https://www.econbiz.de/10011111677
Microfinance across the globe is being practiced as a tool to mitigate poverty and chiefly as an empowerment tool to uplift the downtrodden. The paper has uniquely established that Self Help Groups in India have been significantly successful in achieving the objective of economic development of...
Persistent link: https://www.econbiz.de/10011114553
There are many situations in which a principal delegates decisions to a better-informed agent but does not choose to give full discretion. This paper discusses one reason why this might be desirable: the agent may have tastes that differ from those of the principal. Limiting the agent's...
Persistent link: https://www.econbiz.de/10005109556
This paper studies the causes and consequences of political centralization and fragmentation in China and Europe. We argue that the severe and unidirectional threat of external invasion fostered political centralization in China while Europe faced a wider variety of smaller external threats and...
Persistent link: https://www.econbiz.de/10011107666
Does culture, and in particular religion, exert an independent causal effect on long-term economic growth, or do culture and religion merely reflect the latter? We explore this issue by studying the case of Protestantism in China during the late nineteenth and early twentieth centuries....
Persistent link: https://www.econbiz.de/10011258769
We exploit differences in casualties sustained in pre-modern wars to estimate the impact of fiscal capacity on economic performance. In the past, states fought different amounts of external conflicts, of various lengths and magnitudes. To raise the revenues to wage wars, states made fiscal...
Persistent link: https://www.econbiz.de/10011113133
This paper examines the role of long standing institutions – identified through geography, disease ecology, colonial … institutions. Some of the other measures of climate and geography as well as those of colonial legacy are important as long as we … spending on health and education; fertility rates; and measures of health infrastructure, the importance of geography and …
Persistent link: https://www.econbiz.de/10008645081