Evolution of Business and Market
Module 1 Onset of Business
Procurement of services
Business Business, at its core, is a form of exchange, a practice as ancient as human society it...
3 Modes of exchange
Relational Exchange: Sustaining Business Through Connections Relational exchange stands as a fund...
Embeddedness
Embeddedness of Economic Exchange in Social Structures While modern economies heavily rely on con...
Dalit Entrepreneurship and Merchant Guild
The Exclusion of Dalits from Indian Business: The Role of Social Capital and Inequality The under...
Module 2 Transformation of Business
Traditional Business
The Ubiquity of Exchange with Strangers Let's see The pervasive nature of our interactions with s...
Decline of Guilds
The Dawn of Global Trade and the Rise of Contractual Exchange in Atlantic Europe We'll now connec...
Rise of Modern Business
The Triadic Nature of Contractual Exchange: Beyond Two Parties A crucial aspect of contractual ex...
Transformation of Indian Business
India's Current Business Transformation: A Shift Towards Impersonal Exchange A Fundamental and Am...
Module 3 Evolution of Markets
Social Structure
The Divergence of Wealth: Modern vs. Traditional Economies and the Malthusian Trap The Stark Diff...
Impersonal exchange
The Challenge of Opportunism and the Foundations of Trust in Markets We now addresse the fundamen...
Business Trade Routes
The Early Modern Transformation: From Guilds to Markets in Northwestern Europe \The historical co...
Module 4 Forces Shaping Market
Introduction
The Challenges in Achieving Ideal Market Development The discussion revisits the three key ingred...
Progress isn't Natural- History
The Unevenness and Fragility of Economic Development The Puzzle of Uneven Global Development T...
Democratizing the market
The Delicate Nature of Market Development The analogy of a market as a garden aptly illustrates t...
Introduction to Institutions, Culture and Technology
Systemic Drivers of Economic and Market Development Over the past weeks, we've explored the trans...
Institutions
The Primacy of Formal Institutions in Market Development Among the various perspectives on the dr...
Culture
The Enduring Legacy: How Culture Shapes Economic Outcomes Beyond institutions, culture plays a si...
Technology
The Dual Edge of Information and Communication Technology in Market Development As previously dis...
Trajectory of North India vs South India
Applying Economic Concepts to India's Development It's excellent that we're shifting our focus to...
Hindi-heartland
The Divergent Impacts of Liberalization and Regional Disparities in India The liberalization of t...
Endogenous growth theory & Autonomy and Governance
The Power of Economic Clusters and the Need for Urban Governance The rapid growth experienced by ...