Synopsis Starting with managerial challenges in the 21 century, the volume covers a chorus of 34 papers encompassing topical areas like Japanese Management, Training for Leadership, Corporate Governance, Multinational Corporations, Foreign Investment, liberalisation, privatisation, globalisation, Government of India’s recent budgets, interest rate policy, economic sanctions, economic reforms, commerce education, E-commerce, information technology, new economy, WTO, sustainable development, technology, energy, cost effectiveness, inventory management, public sector management, PSU disinvestment, Public-Private Partnership (PPP model) and various other domains of economic and business environment. Challenges to the economic system, as such, have received incisive intellectual treatment in the chapter on Pathogenic Economics.