This paper is a short history of the Indian economy since 1968. India today is a changed country from what it was half a century ago, when Myrdal published his Asian Drama. The stranglehold of low growth has been broken, its population below the poverty line has fallen markedly, and India has...

The concept of business ethics and CSR has been developed or adopted widely by the business/companies in the recent years and it has its specific impact on the development of the country and also the welfare of the organisations. The prominent reciprocal benefits that these two concepts can...

Based on empirical data, a two-equation game-type corruption reaction function model was developed. A "data to model" approach was used rather than the usual a priori approach. The general hypothesis tested was the "monkey see, monkey do" principle. The latest data on corruption among developing...

This paper seeks to propose monitoring and evaluation method for the County governments in Kenya, which are regarded as a solution to balanced distribution of resources to the grassroots of the Kenyan populace. County governments in Kenya are a new phenomenon having been introduced by the...

Economic behavior strives for efficiency. Therefore, also evolving network structures should be a result of such a goal-oriented behavior. Traditionally, networks were assumed to be only temporary phenomena, since the prevailing organizational forms that comply with the efficiency postulate are...

This paper, based on the introductory remarks made at the two-day conference on “The State of the Economy, the State of the World,” is an idiosyncratic stocktaking of the trajectory of economics from Adam Smith to contemporary times, with special attention to the rise of development...

Modern economic development is accompanied by the structural transformation from an agrarian to an industrial economy. Since the 18th century, all countries that industrialized successfully have followed their comparative advantages and leveraged the latecomer advantage, including emerging...

This paper highlights the relationship between economic science and Christian moral in order to analyze the idea of socio-economic development promoted by the Catholic Social Teaching (CST). This analysis shows how the perspective of Catholic thought concerning socio-economic development is...

From the standpoint of policies, the different branches of economics may be aggregated into two categories: dirigiste and laissez fairist. Dirigiste theories in economics have been based primarily on the complexity of commodities: this allows commodities to be ranked according to the...