It is the popular belief that employment growth should have been at an equal pace with the growth of Manufacturing industry in India post major economic reforms in 1991, but number of studies show that it hasn’t been so. Though it’s seen that employment has indeed increased post 1991 reforms...

The international markets have been the major influence spurring economic growth and development in the Malaysian economy even until today. There were two sources of growth, namely foreign capital and exports of commodities. The government particularly beginning in 1971 moved to develop human...

This paper investigates the relationship among energy, emissions and economic growth in Malaysia with the presence of trade activities. We employ Johansen’s (1995) approach to investigate the relationship. Using annual data from 1971 to 2007, the empirical results shows that there are long-run...

The present paper aims to study the causal relationship between the US and Indian equity markets using Johansen’s cointegration and variance decomposition analyses. Since the opening up of the economy and subsequent economic and political reforms, India has made tremendous strides in the...

The budget of the European Union is an important tool of effective and productive implementation of common policies that are pursued within the Union. The European Commission was authorised with the review of the Union budget for the 2008-2009 period. In this study, after explanation of the...

This paper explores the elements of continuity and change associated with Indian capitalism’s transition to its liberal phase after 1991. While acknowledging the significant changes since then, it is argued that the origins, nature, and consequences of Indian liberalization cannot be...

Over the past few decades, while trade has contributed significantly to economic growth in various economies including India, openness has also exposed them to vagaries of external shocks. While recent global financial crisis (GFC) essentially originated in advanced economies, it got transmitted...

The great debates of most fields associated with economic development rest on emergence versus intention and the interplay between the two. The “residual” of unexplained divergence between goal and outcome, in this sense, can be ascribed in part to the interplay, or co-evolution, between...

The present study explores the historical sources of educational deprivation of children in Telangana region of the Andhra Pradesh during its pre-independence period. Telangana was part of Nizam’s Hyderabad state prior to independence and later independent Hyderbad state until it was unified...

India’s health care and health financing provision is characterized by too little Government spending on health, meager health insurance coverage, declining public health care use contrasted by highest levels of private out-of-pocket health spending in the world. To understand the...