The aim of this paper is to show that the dynamics of Schumpeterian economics, in addition to explain the creation of wealth, also implicitly contain the elements of a theory of relative poverty. It is argued that the German tradition of economics, of which Schumpeter is a part, has always...

Bangladesh is potentially capable of rapid, self-reliant and equitable development under a committed development-oriented leadership. The crucial tactical question right now, is how the currently successful policies can be continued and even better policies devised for the future. Thinking...

In India, Bihar is amongst poorest state, with poverty incidence of 42.6%. Bihar constitutes about 3% of national geographical area, but supports, 8 % of its population. The state is characterized as most backward state of India. In Bihar there has been a slow decline in the incidence of...

Journal impact factor (IF) as a gauge of influence and impact of a particular journal comparing with other journals in the same area of research, reports the mean number of citations to the published articles in particular journal. Although, IF attracts more attention and being used more...

Purpose – In a meta-study, we have bridged the gap between the pros and cons of a questionable finance-growth nexus. Design/methodology/approach – Over 20 fundamental characteristics that have influenced the debate over the last decades have been examined. The empirical evidence is based on...

This is a secondary stage of theory of economic development. This research study is covering the secondary phase of development which rules the tactical plans of the main strategy. In this stage, the social and economical demands varies from country to country and we have developed the theory...

Under the circumstances of an accelerated world economy globalization during the last decades, the local-global tensions occur, with various intensity, in all significant aspects of human life: social, politic, economic, cultural, religious. The study tries, in a holistic approach, to identify...

Foreign aid critics, supporters, recipients, and donors have produced eloquent rhetoric on the need for better aid practices— has this translated into reality? This paper attempts to monitor the best and worst of aid practices among bilateral, multilateral, and UN agencies. We create aid...

Advancements in the areas of Information Technologies (IT) and the New Life Sciences (NLS) are helping redefine the boundaries of Intellectual Property Rights (IPRs). Although the fast growth of these technological areas may very well be fueled by the existence of the IPR system itself, in...

This paper investigates the effects of religion on a broad set of development outcomes in sub-Saharan Africa. We regroup these outcomes into three broad categories, namely, development process outcomes (growth, investment, conflict, and government quality), institutional outcomes (property...