The paper argues that the Indian Managing Agencies that controlled most industrial firms and their associated enterprises were themselves embodiments of pre-industrial forms of capital, accumulated through trading and moneylending. This militated against technological dynamism within the...

Economic development presumes not only the existence of formal institutions such as property rights and the rule of law under which behave economic agents, but also certain norms or social values that promote exchange, savings and investments. In this context, we discuss cultural dimension of...

Religion and work are seldom discussed. The two have caused scholars to question the religion’s role with work. This paper reviews research on the integrate between religion and work by examining issues of concept, definition, measurement, and reviewing research that examines the relationship...

This article presents a brief review of the literature on the effect of supermarkets on productivity, employment, the survival of small retailers, prices, and competition in retailing. The following stylized facts emerge: (1) the retail sector has undergone a major concentration around the...

We analyze the impact of the Strengthening Women Entrepreneurship in Peru (SWEP) program. SWEP trained female micro-entrepreneurs on business management practices (e.g. accounting, marketing, etc.). The training was provided in 4-5 hour sessions using soap operas and practical exercises...

More and more companies are using RFID radio chip technology to boost their competitiveness. Yet RFID not only enhances the efficiency of the company deploying it. It also promotes innovativeness in the economy as a whole. Nevertheless, not every RFID project driven by a technological vision...

This article presents the last mile problem occurring in e-commerce. In the first part of the article we discusses the area of delivery to the customer. Next, we present the causes of the last mile problem, and we characterize the costs of dealing with this issue. In the next part the...

The Private Sector Development Project (PSDP) was a culmination of the renewed commitment of the Government of Ghana to accelerate the pace of development of Ghana’s private sector. The project was also a direct result of the Business Community’s own assessment of Lingering issues which...

This study of the impact of economic freedom on per capita real GDP among OECD nations over the 2003-2006 period, with each OECD nation during this time frame being treated as a de facto “economic region” within the OECD, finds strong initial support for the hypothesis proffered here that...

Although many economists do a serious and respectable work, main stream economic theory contains an almost complete disregard for the importance of social, cultural and political structures which are the very foundation of the society. Worse than that, such disregard is developed into arrogance...