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In this paper, we analyze some aspects of cronyism and corruption in India. We develop a three-stage game-theoretic model where the ruling political party and a capitalist interact with each other. The ruling party, in return of a donation from the capitalist, sets a policy that favors the...
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The paper attempts to analyse the effectiveness of different trade-related price policies that affect the incidence of child labour in a small open developing economy using a four-factor, four-sector general equilibrium model with an endogenized supply of child labour which is derived from...
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The paper analyses some selective aspects of economic crises, namely skilled-sector recession, reversed international migration of labour and decline in foreign capital inflow on the informal sector employment and wage rate in developing economies and seeks to explain the non-monotonic effect on...
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