Editorial: Diversity in Higher Education Gurumurthy Kalyanaram

As an academic, I am interested in the role of diversity in educational institutions, corporate work place, non-profit organizations, and in public policy making. But, here, in this short essay, I want to focus on one important question: Should diversity be a consideration to admissions in colleges and universities? This question resonates all over the Read More …

Potential GDP Growth for China and India: What Growth Rate is Sustainable?

Author PAUL KUTASOVIC Abstract In this manuscript, we determine the sources of historic growth for the economies of India and China. Next, we estimate potential GDP growth for each country. The study concludes that India is more favorably positioned for long-term growth than China with a higher steady state growth rate. It is a large Read More …

The True Legacy of Communism

Author MAHFUZ R. CHOWDHURY Abstract The socio-economic system that we used to live in was known as capitalism, where people could use their private properties for their personal gain. With the advent of the industrial revolution in the late eighteenth century, the exploitation of the labor class under capitalism became very prominent. To counter this, Read More …

Empowerment through E-Governance in Developing Economies: The Case of India

Author SIVAKUMAR VENKATARAMANY Abstract This paper focuses on strategies undertaken in India and other developing economies to achieve empowerment of all stakeholders, particularly the rural poor, through context oriented policies of e-governance. With a strong emphasis on principles of governance, the government’s involvement in the implementation of information and communication technology at all levels of Read More …

Greening Financial Markets: Country Experiences, Challenges and Opportunities

Author SANA MOID Abstract The 2008 global financial crisis not only resulted in a turning point for regulation and practices of capital market participants, but also changed the behaviour of financial players. Investors and financial institutions are currently more concerned about allocation of funds. This paper discusses green project bonds as an alternative way of Read More …

Editorial: New Strategic Opportunities for the United States in South Asia and Its Neighborhood

A version of this article appeared in Wilson Quarterly in Spring 2016. Please see the following link: https://wilsonquarterly.com/quarterly/the-post-obama-world/why-the-rise-of-south-asiashould-interest-the-u-s/ A salient, but somewhat overlooked, element of the Obama presidency is the rise of new strategic opportunities for the United States in South Asia and its neighborhood, through the revival and strengthening of democratic governments in large Read More …

Computation of Potential GDP Growth: What Growth Rate is Sustainable?

Author Paul Kutasovic Abstract In this manuscript, we discuss applicable models to estimate Potential GDP of a country. We also present potential estimation approaches. Estimation of Potential GDP is very important for policy makers. Generally, Potential GDP refers to the sustainable level of output for an economy. In the long-run, actual and potential GDP should Read More …

Exchange Market Pressures in Egypt: Logit and Probit Early Warning Systems

Author Osama El-baz Abstract This paper investigates the nature of exchange market pressures in Egypt, monetary policy responses as well as the effectiveness of monetary interventions in the foreign exchange market. Empirical analysis revealed that the exchange market in Egypt has been exposed to persistent downward pressures, which has been exacerbated starting from 2011. The Read More …