Issue: October 2014
 
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Cover Story 
Early in the morning, the door-bell rings. The paperwala throws the bundle of newspaper at our door-step and moves away hurriedly. Soon afterwards, we g...
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Lead Article

The urban urban informal sector plays a crucial role in providing sources of livelihood particularly to the rural migrants and several low income households residing in urban slums. This paper examines the relative size and composition of the informal sector and delineates the recent changes relatin...

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Articles
  Urban Informal Sector in India
Arup Mitra
  The urban urban informal sector plays a crucial role in providing sources of livelihood particularly to the rural migrants and several low income hous...
  The Informal Sector from a Knowledge Perspective
Amit Basole
  The informal sector is commonly thought of as a site of low-skilled or unskilled work. The National Commission on Enterprises in the Unorganised Secto...
  Gandhi and Sanitation
Sudarshan Iyengar
  Only the other day, one of our best extension workers and teachers expressed his concern over the dubious attitude of village and block level governme...
  The Role of India’s Informal Economy
Barbara Harriss-White
  India is probably unique in the world in the size and significance of her informal economy. While the concept has been much criticised by academics1,‘...
  Roadmap to Financial Inclusion: Pradhan Mantri Jan Dhan Yojana
Pravakar Sahoo
  The state of financial inclusion in India, measured by any standard, leaves much to be desired. As in 2012, only 35 per cent of Indians older than 15 ...
Economic Paradigms and Democracy in the Age of Financial Globalization
Srinivas Raghavendra

Whether or not there exists a standard definition of the term Globalization, there is a broad agreement with the fact that the process of Globalization has had and continues to have profound impact on various aspects of human life. Globalization is not a new phenomenon for it has been a long-term gradual process of change, which affects every aspect of human life and being affected by the human enterprise, since the days of Columbus, and yet at the same time it is irregularly punctuated by episodes of dramatic change. Ever since the Columbian voyage initiated the process of intermingling of the continents of Europe and the Americas, Globalization has been influencing and reshaping every part of the world in all aspects of human life – social, cultural, economic, political, biological and ecological aspects. In the recent past, there were two intense periods where the process of globalization induced dramatic changes across the world. The first wave happened in the late nineteenth century up to the First World War, which was characterized by extensive trade networks across various continents under European Colonialism. The second wave happened in the twentieth century, starting from the 1980s to the present day, characterized as free market Capitalism led by the phenomenal development of the financial markets, and called as the financialization phase of Globalization or simply Financial Globalization.

 
 
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Forensic auditing refers to the auditing with the main aim to employ accounting techniques and methods to gather evidence to investigate the crimes on financial front such as theft, fraud etc.
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