This paper analyzes the effects of the reforms initiated in India following the balance of payments (BOP) crisis of 1991 on economic performance. We do not find persuasive the contention of many analysts that growth accelerated after the mid-1980s when reforms were initiated. Nor does...

Entrepreneurship is a hot topic both in academic and policy circles.1 There is a growingrecognition that entrepreneurship is a driving force in economic growth and development in bothestablished and emerging economies. There is also an increasing body of evidence suggestingentrepreneurship that...

Ökonomen haben ein recht einfaches Weltbild. Das gilt insbesondere auchwenn sie sich mit Bildungsfragen beschäftigen. Ökonomen verstehen Bildung nämlich als Ausbildung, das heisst als Investition. Wie jede andere Investition verursacht ja auch die Bildung Kosten...