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This dissertation will explore how gender wage gap and political capacity represented by relative political extraction affect change in economic growth rate of a country. The main argument of the study is that gender wage gap is affecting the labor market by discouraging productive female labor force from entering the labor market. This in turn affects the efficiency and productivity of the labor market reflected in negative economic growth or economic growth potential being compromised. Here the case of Indian economy is examined. The important policy implication of this study is that it could account for the wage differential between genders and it could show how economies are missing out on the labor productivity and in turn negatively affecting the rate of economic growth. Various sociological literatures have dealt in depth with the gender wage gap and its effect on the socio-cultural fabric of a society. While the current study recognizes existence of extensive sociological theories on gender wage gap, the focus is on the economic impact of gender wage gap on the growth rate change of a country. The argument is that gender wage gap negatively affects the economic growth rate change. Economic growth literature have proved beyond doubt that economic and political factor together contribute to the economic growth of a country. Political variables such as political capacity reflects the efficiency of the government in resource extraction, its reach and allocation of those resources extracted. Such an efficient government provides the necessary environment for the economic growth. However, this political variable alone is not enough to increase economic growth of an economy. Rather governments must also possess the economic tools necessary, such as capital stock, human labor and labor force. These economic and political variables together can contribute towards an increased economic growth. How these political and economic factors combine to achieve economic growth of a country? Hence this study looks at both the economic and political variables in a model to see how they affect economic growth.

The idea of cooperation is not new to man. It is as old as man himself. Cooperatives are an almost universal form of organization today found in practically all countries and used by people in many ways. The cooperatives are formed to secure low cost credit, to purchase supplies and equipment for farming and household needs, to market products, even to secure many services, like electric power, irrigation, health, and insurance. Cooperatives can be used in many ways to benefit people in the everyday needs of life. The meaning of cooperation is that isolated and powerless individuals can, by combining with one another, achieve advantages available to the rich and the powerful so that they may advance not only materially but also morally. In other words a cooperative is a business organization that is owned by those who use its services, the control of which rests equally with all the members. It is voluntary and democratic and the moral element is as important as the material one. Furthermore, it recognizes social, educational, and community values. It is easier to understand the concept of the cooperative by knowing its specific objectives. They can be summed as follows: 1) They aim to provide goods and services. 2) They aim to eliminate the unnecessary profits of middlemen in trade and commerce. 3) They seek to prevent the exploitation of the weaker members of society. 4) They aim to protect the rights of people both as producers and consumers. 5) They promote mutual understanding and education among their members and people in general. Mr. W. P. Watkins of International Cooperative Alliance defines cooperation as: "A system of social organization based on the principles of unity, economy, democracy, equity, and liberty." 1

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Bibliography: leaves 277-281.

This thesis provides the background to and an analysis of the economics of exploring for and developing oil and gas discoveries in India. It is aimed at helping the oil and gas industry assess the financial attractiveness of investment in that country. The thesis describes the geography, climate, infrastructure, and energy market with an emphasis on how these affect upstream oil and gas industry investment. A detailed description and analysis is given of the petroleum production sharing contract (&quotPSC&quot) terms embodied in India's New Exploration Licensing Policy (&quotNELP&quot), and demonstrates that, depending on negotiations, Government Take under NELP terms is likely to be in the range 50% to 60% for a stand-alone petroleum development. However, PSC terms are regressive for marginal discoveries. In particular, State royalties might hinder the development of small or marginal discoveries and render them uneconomic. As an illustration, depending on the oil price, up to 6 MMbbls of oil in otherwise economically viable small fields in a geological basin might be made uneconomic and left stranded because of the effect of royalties. The thesis also analyses the economics of developing a sample of actual Indian oil and gas fields offshore the east and west coasts of the country in shallow and deep water. Onshore field developments are not analysed because of lack of data. All of the offshore developments analysed are profitable based on past and current economic conditions and knowledge. The majority are also relatively low-risk investments. Finally, the thesis evaluates the profitability of new oil and gas exploration and development offshore the east and west coasts of India. The required minimum size of new exploration prospects are in the range 10 to 17 MMbbls for oil prospects and 138 to 1,100 Bcf for gas prospects assuming a low probability of success. Once a new discovery is made, the required minimum economically developable reserves are 4 to 12 MMbbls for oil discoveries and 63 to 1,400 Bcf for gas discoveries.