A new working paper by University of Cambridge economist Kaivan Munsh has revealed how centuries-old social structures both boost and constrain business activity. Focusing on a growing body of economic research, the paper suggests that India's caste system—a network of endogamous communities dating back nearly two to four thousand years—plays a powerful and often overlooked role in shaping the country's economy.
India faces an accelerating heat crisis that threatens the health, livelihoods, and economic stability of hundreds of millions of people — and current policy responses are failing to keep pace, according to a new white paper published in April 2026 by Harvard University's Salata Institute for Climate and Sustainability.