The hypothesis of Extended Phillips Curve is examined in the present paper using the Indian data over the period 1950-51 to 1984-85. The empirical evidence does not suggest any substantial trade-off between inflation and unemployment even in the short run in the LDCs like India. The labor...

The purpose of the paper is to identify responses of organizations undergoing crisis when they are subjected to either much competition or little competition. In this paper, the literature on organizational crises and responses to them is surveyed to identify main organizational responses to...

In this paper we prove the existence, restricted efficiency and incremental fairness of constrained equilibrium allocations.

Neglect of Ecological (i.e. edaphic, climatic and natural resource endowments besides man-biotic interactions) variables in organizational theory literature in west is understandable due to near complete subsumption of ecological forces by market forces. Such a neglect in developing agrarian...

Land use planning in tropical developing countries has posed a tremendous challenge to planners owing to high ecological diversity. The problem is particularly complex in semi-arid regions where due to high degree of environmental uncertainty, the traditional land use practices have been evolved...

Here we view rationing as an instrument available in the hands of a social planner to effect a more equitable distribution of goods. We introduce a separate currency (like a coupon) alongside money, and both money as well as this auxiliary currency are used in the purchase of commodities. It is...

This study is an attempt to formulate a monetary policy reaction function for India. In particular I model backward and forward looking Taylor and McCallum rules for the period post BoP crisis. It is found that backward-looking McCallum rule tracks the evolution of monetary base over the sample...

The aim of this paper is to derive some important lessons in economic philosophy from two recent Indian films. The two films, Mani Ratnam.s Guru (2007) and Madhur Bhandarkar.s Corporate (2006), are explicitly about the world of business and the people who inhabit it. The former film is not only...

This paper examines the structure and functions of Indian Trade Unions in the background of popular notions about the role of trade unions in society. A trade union is essentially on interest group of its members. Consequently one of its basic roles is to act as a conflict group as well as a...

This paper is based on a series of workshops and seminars held in Africa on issues of management training for women managers and trainers. Like many third world countries many nations of Africa have focused on economic growth through industrialization. Industrialization leads to creation of...