Major credit rating agencies give out the sovereign credit rating of each nation as an absolute grade. How other nations fare over the period under consideration does not matter in a particular nation...
On 02 Apr 2012 This paper develops an index for measuring the economic power of governments viewed as entities in themselves. The basic idea is to encapsulate the economic representative power of a nation’s governme...
On 27 Dec 2011 Inflation management is one of the hardest tasks an economic policymaker has to undertake. It appears, at first sight, that one can rely entirely on commonsense to carry out this task. But that will b...
On 28 Sep 2011 This paper illustrates that the legal structure of mortgage credit, in particular, its status in
terms of recourse in foreclosure, can lead not only to the familiar problem of adverse selection
...
On 05 May 2011 The paper puts forward a small but novel idea of how can the incidence of
bribery be cut down.There are different kinds of bribes and what this paper is concerned with are bribes that people often h...
On 05 May 2011 Starting from the early nineteenth century, when Britain began experimenting
with policies to control child labor, a lot about policy interventions for controlling child labor have been learned. At t...
On 17 Mar 2011 The simultaneous occurrence of high food inflation and large foodgrain stocks in our granaries
has been a matter of widespread concern in India. The aim of this paper is to understand the
fundamenta...
On 03 Feb 2011 The paper argues that if the Chinese economy had failed, mainstream economics would have described this as completely predictable, given the extent and nature of involvement of the Chinese state in th...
On 06 Dec 2010 The paper argues that if the Chinese economy had failed, mainstream economics would have described this as completely predictable, given the extent and nature of involvement of the Chinese state in th...
On 06 Dec 2010 The paper studies the relation between globalization, inequality and marginalization,
within and across nations. It reviews the existing evidence on globalization and global
inequality and argues,...
On 29 Nov 2010 Firms often give away free goods with the product that they sell. Firms often give stock options
to their top management and other employees. Mixing these two practices—giving stock options
to consu...
On 15 Dec 2009 The paper argues that economism and, in particular, the individual drive to maximize utility and amass profit are not enough to ensure the efficient functioning of an economy; and that even for elemen...
On 09 Oct 2009 The financial crisis of 2007-09 began as a local problem in the mortgage finance market in the United States and Europe but, within months, escalated into a general global financial crisis, resulting...
On 17 Aug 2009 This paper tries to advance the perspective that the poor and the marginalized in society lack a sense of “participatory equity,” by building a new model where a person’s community identity matters, e...
On 07 Aug 2007 Social scientists often emphasize how ‘culture’ and ‘social norms’ can be important determinants of economic behavior and development. This raises questions of the relative importance of economic ince...
On 26 Dec 2006 |