One of the constraints in policy analysis of tribal issues in India has been the lack of analytical approaches that have looked at the existential problem of tribal communities in an integrated manner. While restrictive forest policies have played a major role in fomenting tribal unrest in India...

Emerging countries like India, China and Russia who are under pressure to contribute to a mandatory mitigation regime in the forthcoming climate protocol also view the issue of financing as crucial to their future role in ensuring a low carbon pathway of growth. Whether they contribute to the...

The volume discusses global commons against the complex global political relations. It explores the nature of the global economic crisis, the search for finding a solution to the climate change problem, and efforts to conserve biodiversity in their centres of origin. The narratives from within...

Over the last three decades, the capital asset pricing model has occupied a central and often controversial place in most corporate finance analysts’ tool chests. The model requires three inputs to compute expected returns – a riskfree rate, a beta for an asset and an expected risk premium...

AbstractThe following sections are included:Equity Risk Premiums: Importance and DeterminantsWhy Does the Equity Risk Premium Matter?A price for riskExpected returns and discount ratesInvestment and policy implicationsWhat are the Determinants of Equity Risk Premiums?Risk aversion and...

Valuing banks, insurance companies and investment banks has always been difficult, but the rolling market crises of the last few years has elevated the concern to the top of the list of valuation issues. The problems with valuing financial service firm stem from two key characteristics. The...