This short paper revisits two questions that were central to Joel Mokyr's Why Ireland Starved (2nd edition, 1985). These are, first, what determined the variation in population change across Ireland during the Great Famine decade of 1841-1851 and, second, whether and in what sense can pre-famine...

Much of the recent interest in the relationship between growth and distribution has focused on advanced economies and neglected issues of development and structural transformation. The purpose of this paper is to make a contribution to this gap by arguing that, even in the short-run, some of the...

This paper seeks to test if the disillusionment theory developed by Sokolov et al. (2018) to explain the rise of anti-Americanism in post-Soviet Russia, can also explain the recent growth of Euroscepticism in East-Central Europe (ECE). We provide anecdotal evidence of anti-EU disillusionment in...

China is the odd man out in the research on social capital and economic performance. A brief survey of recent World Values Survey data depicts China to be a high-trust, achievement oriented society, which does not fit into popular pictures of rampant corruption and abuses of power. I argue that...

The current situation in the world has inverted the perspective, showing us that the coronavirus and its global spread are already causing a widespread economic crisis. Today the economy is a hostage to medicine. The spread of the coronavirus has given rise to ideas that oppose free trade...

India has witnessed a tremendous economic growth, as measured by GDP, over the past 10 years. Many experts have pointed out that FDI (Foreign Direct Investment) has been one of the major factors taking India to this growth level. Foreign investment in India has increased continuously since...

The objective of this book is to discuss a moment in China's recent history that contributed the last, so far, period of an intellectual and cultural engagement with national, state-dominated political life

Thomas Piketty's widely-noted and bestselling book, Capital in the Twenty-First Century, does much to advance our empirical understanding of rising high-end wealth concentration, which is one of the central issues of our time. But its theoretical approach and policy recommendations differ...

This study uses an annual data to study the recent contribution of performance of stock markets (London Stock Exchange) in the economic performance of United Kingdom from 2001 to 2009. Economic growth indicators that have got direct impact on economy were identified through the primary data...

This paper provides a multifaceted review and analysis of the Schumpeter's Theory of Economic Development and specifically the creative destruction effect intertwined with the business cycles, and their effectiveness in explaining the long-run economic growth by first, looking into the main...