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We examine human capital's contribution to economy-wide technological progress through two channels – imitation and innovation – innovation being more skill-intensive than imitation. We develop a growth model based on the endogenous ability-driven skill acquisition decision of an individual....
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Purpose – The purpose of the paper is to examine the interdependencies between trade and environment policies, as they get jointly determined in a political-economy model of a small open economy. In theoretical literature, government is usually modeled as benevolent. In real economies,...
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Introduction / G. Venkat Raman and Rajan Kumar -- Liberal international order and the evolution of BRICS / Bappaditya Mukherjee -- Evolution of BRICS : history and politics / Ajay Patnaik -- BRICS in blues : potentialities of the maritime world : lessons from the history of money, metallism &...
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