Year: 2024
Type: article
Abstract: This study examines the parallels and discrepancies between modern economic governance ideas and Kautilya's Arthashastra, a classical Indian treatise on statecraft and economics. With a focus on administration, taxation, and governance, Kautilya's Arthashastra, which dates to the fourth century BCE, offers insights into prehistoric Indian economic and political ideas. In contrast, modern economic governance emphasizes government action, market mechanisms, and ethical issues while drawing from a variety of economic theories and practices. The comparative study explores a number of important aspects, such as the breadth and emphasis of each framework, the economic theories that are promoted, governance strategies, ethical issues, and the technology environment. The main topics of the two Arthashastras are the state's involvement in economic concerns and ethical governance; yet, throughout time, developments in technology, governance structures, and societal standards have caused them to diverge dramatically.
Language: English
Field: Social Sciences
Domain: Social Sciences
Open Access status: hybrid
OpenAlex ID: W4402998144