Purpose – Since the mid-1980s focus has shifted from stabilization to economic growth as a national goal. A large number of studies have been undertaken to explain economic growth. It is intended to show that the current debate between those who claim only institutions matter to economic...

Purpose – Both researchers and policy makers have increasingly focused their energies in exploring the sources of economic growth. The purpose of this paper is to explore the very first ideas on the sources of economic growth of Kautilya during the fourth century BCE....

Purpose – Both researchers and policy makers have increasingly focused their energies in exploring the sources of economic growth. The purpose of this paper is to explore the very first ideas on the sources of economic growth of Kautilya during the fourth century BCE....

Purpose – Since the mid‐1980s focus has shifted from stabilization to economic growth as a national goal. A large number of studies have been undertaken to explain economic growth. It is intended to show that the current debate between those who claim only institutions matter to economic...