It has long been realised that factor accumulation and technological development are only proximate causes of economic development, and focus has now shifted to investigating the ‘deeper determinants’ of economic growth. Two such forces are highlighted in literature: institutions and...

This paper explores the concept of city ranking as a way to measure the dynamics and complexities of urban life. These rankings have various dimensions and uses. Both the context in which these rankings are done and their nature have changed considerably over time. These rankings face many...

What explains poverty of Sub Saharan Africa and South Asia? One view holds the disease environment of these regions as the primary culprit. Others see it as a typical symptom of growth retarding institutions. We test validity of these competing assertions for a cross section of countries. Our...

What explains poverty of Sub Saharan Africa and South Asia? One view holds the disease environment of these regions as the primary culprit. Others see it as a typical symptom of growth retarding institutions. We test validity of these competing assertions for a cross section of countries. Our...

China-Pakistan Economic Corridor (CPEC) is a multi-dimensional development project that offers a unique opportunity to Pakistan for equitable and sustainable development. This study investigates the potential of selected districts of Punjab alongside CPEC routes, based on six social and economic...

Rule of Law and strong legal systems are considered a pre-condition for sustained development. Their relative weakness in the under-developed world is considered as the main obstacle to growth. Strengthening Rule of Law and legal systems has, therefore, become a standard advice from the...

This paper explores the prospects of success of ‘Local Economic Development’ (LED) for the less developed countries. The concept had much success in the context of the developed world. The less developed countries, however, present a scenario where power and social structures present a...

This paper revisits the debate about communal management of natural resources and brings together various issues confronting it. Much of the criticism against common property regimes stems from an incorrect modeling of a common property situation, and misunderstandings about the terms and their...