This article analyzes the relations between capital and labor in the aspects of reproductive processes and social and economic development. Labour and capital are linked through the production and consumption. However, if this link is positive in the production, then all the contradictions...

Nelson Mandela said, “During my lifetime I have dedicated myself to this struggle of the African people. I have fought against White domination, and I have fought against Black domination. I have cherished the ideal of a democratic and free society in which all persons live together in harmony...

The paper discusses report of The Spellings Commission for Future of Higher Education that was set up to look into the issues facing the higher education system in the U.S., outline the challenges and offer recommendations to tackle the problems. Most importantly, The Spellings Commission Report...

The paper discusses the major issues connected with the accreditation procedures in higher education system in the U.S. The questions raised are as follows: what are the reliable and credible indicators of quality instruction that could be measured in the process of accreditation of higher...

In addition to the material market, there is also a positional market in human society. The channel of social mobility â the institutional system that regulates the performance of individuals and groups in the positional market â is a critical dimension of the overall institutional foundation...

The essay aims at arguing that investing in knowledge is one of the main cause of the deep transformations in the structure of modern economies and also a strategic engine for the long run growth. In the recent years a clear long-standing trend in the OECD area have emerged, which is reflected...

Empirically, the importance of natural resource abundance on economic growth in natural-resource-rich countries has not been in doubt. In this paper, we investigate this role in the context of petroleum resource abundance, institutional quality and economic growth in Nigeria. Share of oil...

Resumen El presente artículo es un recorrido histórico a partir de la visita de las dos misiones Kemmerer, Currie, Lebret y del Banco Mundial, que quiere hacer evidente la creciente búsqueda de fórmulas que generen desarrollo, sin llevar a cabo los cambios estructurales que un país con la...

The paper examines the notion of a 'developmental state' and shows that China possesses the characteristics of a developmental state.  It explains the political economy which generated such a state in China and in some other economies.  It analyses the methods and mechanisms that were...