In the post-war world, there have been many attempts at all levels—multinational, bilateral and domestic—to foster growth and development in the low income world so that these countries could catch up with their richer brethren from the industrial countries. Why has growth not been faster? What can be done to make these countries achieve a …
In 1215 A. D, King John of England signed the Magna Carta (“The Great Charter”) – a historic power-sharing arrangement with a group of rebel barons. The British legal system, and the American Constitution, enshrine its philosophy. What were the principles of Magna Carta that led to the emergence of two successive super powers? In its …
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