This paper documents stylized facts on rates of returns to education during economic crises. It shows from three middle-income countries - Indonesia, Pakistan, and South Africa - that the rate of return to university education (versus secondary education) has increased during economic crises....

Corporate Social Responsibility (CSR) is like a chameleon, that changes its colour according to the context it is in. In the developed economy, it takes the form of sustainability and/ or philanthropy, whereas, in emerging economies, it speaks the language of religious, political and/or mandated...