ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

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Is Brexit Moment a Lehman Moment?

The Lehman moment is the moment when Lehman Brothers—one of the largest investment banks in the United States (US) at the time—collapsed. The collapse happened on 15 September 2008. Almost nobody disagrees that the Lehman moment has been the most important moment in the ongoing global financial...

Human Development and Civic Community in India

This paper tries to show that the central methodology of Robert Putnam's Making Democracy Work can be fruitfully applied to the study of the Indian states. It reports some of the results of the author's replication of Putnam's Italian study for the states. While a clear relationship can be demonstrated between state government performance in development and levels of civic engagement, it is harder to replicate Putnam's findings concerning the crucial role of social capital. In the Indian context, levels of education are more important and the implications of this unexpected result are addressed.
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