Little work has been done in the conjunction of Microfinance and Religion. This paper explores the findings of the extant research. It then provides future research directions on a number of subjects within this broad area, available for researchers from a large number of fields: anthropology,...

This paper develops a proxy measure of the inequality of influence on the basis of survey evidence from 2002 Business Environment and Enterprise Performance Survey (BEEPS) conducted among 6,500 firms in 27 transition countries. We refer to the resulting inequality as crony bias in the political...

This paper is dedicated to the relation between market development and democracy. We distinguish contexts and preferences and ask whether it is true that the demand for democracy only emerges after a certain degree of market development is reached, and whether, conversely, democratization is...

We examine the dynamics of a country’s growth, consumption, and sovereign debt, assuming that the government is myopic and wants to maximize short-term, self-interested spending. Surprisingly, government myopia can increase a country’s access to external borrowing. In turn, access to...

The India's most exploited people, the Dalits, have been raising voice against the ongoing process of globalisation fearing that it would gradually lead to a total dismantling of whatever protective and developmental measures, including the reservation policy, guaranteed in their favour in the...

This open access book explores the role of family, public, market and third sector welfare provision for individual and households’ decisions regarding geographical mobility. It challenges the state-centred approach in research on welfare and migration by emphasising migrants’ own...

Religion is the most paradox, intriguing and social active factor in the world history since the beginning of human society and till the end of it, no matter how evolved or primitive its precepts ever were. For that reason Religion was always a subject for endless study in different perspectives...

We have developed a self‐enforcing contract model to show that better economic fundamentals can help an area or a region under a weak rule of law – but with order – to attract foreign direct investments (FDIs), whereas lowering taxes does not necessarily help. Using a cross‐region...

The aim of this paper is to acquire feasible and practical solutions to climate change. Alternatives to the existing economic system are examined from a interdisciplinary philosophical and politico-economical perspectives. Two mechanisms have been proposed to internalize natural capital as a...