This study provides formal theoretical evidence that an agenda for economic development of a `Village' that is built around an aggressive foray into provision of Microfinance is more likely to fail, than to succeed. The Microfinance strategy fails, because any businesses formed by `Villagers'...

For several decades, the international community has aspired to integrate the social, economic and environmental dimensions of sustainability. Yet, no country has achieved the patterns of consumption and production that could sustain global prosperity in the coming decades. Thus, with the...

This contribution shows that high-efficiency coordination via strategy sorting is possible even within a modest number of rounds and with minimal informational feedback. The results of our study challenge one of the widely established mechanisms to enhance coordination on high-efficiency...

In 2010, the Population Council conducted a review to: a) provide current status of ICT use in Bihar's health sector; b) explore ICT applications with promises for enabling health providers achieving their goals; and c) provide a set of recommendations for developing appropriate ICT interventions

Market-based instruments, bioenergy, clean development mechanism, Africa, offset mechanism, ecosystem service, economic experiment. - Marktbasierte Instrumente, Bioenergie, Afrika, Ausgleichshandel, Ökosystemleistung, ökonomische Experimente

In this paper, we develop a multi-country open economy extension of the famous Big Push model for a closed economy by Murphy et al. (1989). We show under which conditions the global economy in our model is caught in a poverty trap, characterised by a low-income equilibrium from which an escape...

Despite a growing interest in African political parties, no comparative analyses of political ideology in Africa have been undertaken to date. This study addresses this shortcoming by applying the Manifesto Research Group's (MRG) coding scheme to a complete set of African party manifestos in...