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In modern economies a substantial proportion of resources is increasingly allocated to transaction costs. An improvement in the definition of transaction costs to include both the information role and efficiency role requires an integration of the approaches of positive economics and normative economics. In The Economics of Transaction Costs P.K.Rao provides a comprehensive analytical treatment of the subject and suggests a few directions for formal economic models.

The study is intended to investigate the major demographic determinants of life insurance demand in Ethiopia, government employees in Wolaita Sodo town. The study focuses on the relation of life insurance with eight selected individual variables namely gender, age, marital status, religion, organisation, monthly income, educational level and family size. In order to meet the objectives, primary data were obtained by distributing self-administered questionnaires to a sample of 150 respondents. The data were distributed to the respondents using covenant sampling technique. Logistic regression model was used to analyze the effect of explanatory variables, like gender, age, marital status; religion, organisation, monthly income, educational level and family size on the dependent variable which is intend to purchase life insurance. A total of eight explanatory variables were included in the regression. The results obtained from the analyses conclude that only age variable of the government employees have a significant impact on demand for life insurance on government employees. Finally, it is recommended that the insurance companies to provide policies based on the age of the people in the study area and it should be considered by insurance companies as a strategic determinant in their business.

This book studies India's evolving naval engagements with other nations of the Indian Ocean region. It traces the growth of the Indian Navy and discusses its role as an instrument of meeting national objectives, particularly for furthering foreign policy. The volume analyses themes such as Indian Navy's (IN) transition from a brown water to blue water force, Indian maritime debates and doctrines, naval bridge-building' missions, and Sino-Indian maritime competitions. It examines Indian Navy's regional roles within the broader framework of its diplomatic objectives in particular regions and looks at how keen regional states are to accept India as a crisis manager and would allow it to build a regional maritime security architecture. The author also discusses state control over naval diplomatic roles and investigates if Indian Navy can effectively hedge extra-regional, mainly Chinese, involvement in the Indian Ocean. An important study of India's naval prowess, this book will be indispensable to students and researchers of political science, international relations, maritime and naval studies, strategic studies, geopolitics, defence studies, conflict studies, diplomacy, Indian Ocean studies, South Asian studies and those interested in India-China maritime rivalry.

The role of environmental analysis in economic policy making has remained largely limited despite vast literature on environmental economics and governance. An effective integration of economic and environmental sciences with pragmatic design of institutions and policies is still urgently needed for practical use. This book offers a policy framework for economic policies that meaningfully integrate environmental and ecological resource factors. Based on analyses and new insights on sustainable development, this book provides pragmatic approaches for economic policy formulation and implementati.

Intensified competition among domestic private and public sector companies and multinational companies consequent upon globalisation along with strides in information technology brought significant shifts in various behavioural concepts, issues and applications. This Book is wrritten as per the syllabus of MBA SEM-II of J.N.T.U KAKINADA.

With reference to case study done for Guntur District, India

Improved understanding of the key role of financial aspects in the growth and development of economic systems is an important aspect of economic analysis. This first textbook on development finance provides a comprehensive coverage of this new area of economics. The book integrates relevant theoretical approaches and their policy applications. A unique perspective combines transaction cost economics and neoclassical economics. The author also treats important policy issues of national and international relevance. The roles of public and private finance, domestic and external finance, short-term and long-term capital flows, sovereign debt management features, country risk and other determinants of foreign direct investments, multilateral official development assistance and development of financial institutions are some of the topics examined in this book