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Post Covid-19: Recovering and Sustaining India’s Growth

The paper discusses past virtuous growth cycles in India and argues that the post Covid-19 macro-financial package is an opportunity to trigger another such cycle, by raising marginal propensities t...

by Ashima Goyal | On 14 May 2020

Emerging Markets Perspectives on G-20 led Financial Reforms

The chapter examines progress as well as continuing concerns in G-20 led financial reforms, with particular emphasis on emerging markets (EMs). Although risks remain they are of a lower order of magni...

by Ashima Goyal | On 25 Apr 2019

When do regulatory interventions work?

Previous studies find mixed results about how a fee on high order-to-trade (OTR) ratios impacts market quality. Using a natural experiment where such a fee was introduced twice for different reasons,...

by Nidhi Aggarwal | On 25 Apr 2019

Macroprudential Policy in Asian Economies

This paper analyzes the conduct and effects of macroprudential policy in 11 Asian economies. Of these, India, the People’s Republic of China, and the Republic of Korea frequently used loan-to-value ra...

by Soyoung Kim | On 23 Apr 2019

Gender and Corporate Success: An Empirical Analysis of Gender-Based Corporate Performance on a Sample of Asian Small and Medium-Sized Enterprises

The paper will provide policy suggestions, such as establishment of credit guarantee funds for easing the female-owned SMEs’ access to finance in Asia. Implementation of supportive policies for female...

by Farhad Taghizadeh-Hesary | On 01 Apr 2019

Determinants and Impacts of Financial Literacy in the Lao PD

The paper extends the literature by conducting the survey in a relatively low-income Asian economy— the Lao PDR—and analyzing the determinants of financial literacy and the effects of financial litera...

by Peter J. Morgan | On 12 Mar 2019

Rebalancing the Economy and Reforming the Fiscal System of the People’s Republic of China

The goal of the note is to lay out and discuss a package of reforms that could be consistent with the objectives of the government. The fiscal instruments that we consider here include the division of...

by Roy Bahl | On 07 Mar 2019

The Growing Importance of Consumer Finance for Financial Inclusion in India

This paper examines the role of consumer finance, a high growth segment of the Indian financial sector in promoting financial inclusion. Consumer finance involves granting credit to consumers to enabl...

by Saon Ray | On 03 Feb 2019

Examining the Trade-Off Between Price and Financial Stability in India

In recent years, many emerging economies including India have adopted inflation targeting framework. Post the global financial crisis, there is a growing debate on whether monetary policy should targe...

by Ila Patnaik | On 23 Jan 2019

UDAY Power Debt in Retrospect and Prospects: Analyzing the Efficiency Parameters

The Government of India launched the Ujwal DISCOM Assurance Yojana (UDAY), in November 2015, with an objective of “Power for All”. Under the UDAY scheme, selected States agreed to convert 75 per cent...

by Amandeep Kaur | On 11 Jan 2019

Analyzing the Dynamic Relationship between Physical Infrastructure, Financial Development and Economic Growth in India

The paper investigates dynamic relationship between physical infrastructure, financial development and economic growth in the case of India, using an Autoregressive Distributed Lag (ARDL) and Toda-Yam...

by Ranjan Kumar Mohanty | On 11 Jan 2019

Bangladesh Goes to the Polls: A Street-side View

An informal but informed Indian professional on assignment in Dhaka sends this engaging commentary on the general elections in Bangladesh.

by Srikanth S | On 05 Jan 2019

Indian Banks and the Prevention of Corruption Act: Freedom and Discipline

Selfless activists like Mr. Pai teach us the importance of continuously interrogating the functioning of our democracy. The NPA issue has persisted for almost a decade. It has eroded the profitability...

by Ashima Goyal | On 29 Oct 2018

Insights from Behavioral Economics on Current Policy Issues

The paper examines behavioral constraints in policy-making and in achieving coordination across policies. First it applies psychological concepts to understand policy inadequacies, and next examines h...

by Ashima Goyal | On 29 Oct 2018

Do Local Currency Bond Markets Enhance Financial Stability?

This paper empirically tests conventional wisdom on the stabilizing effect of LCBMs. To do so, it analyses and compare the financial vulnerability of developing countries during two episodes of financ...

by Donghyun Park | On 26 Oct 2018

Skewed Credit and Growth Dynamics after the Global Financial Crisis

A large empirical literature finds that financial development is beneficial for economic growth, although some recent evidence suggests otherwise. The paper contributes to the finance–growth literatur...

by Gemma Estrada | On 19 Oct 2018

Harnessing Technology for Moe Inclusive and Sustainable Finance in Asia and the Pacific

This brief report documents facts of financial innovation in Asia and the Pacific that include: • Fintech redefines a specific sector at the intersection of financial services and technology sectors....

by Asian Bank | On 09 Oct 2018

Debt Traps? Market Vendors and Moneylender Debt in India and the Philippines

A debt trap occurs when someone takes on a high-interest rate loan and is barely able to pay back the interest, and thus perpetually finds themselves in debt (often by re-financing). Studying such pra...

by Dean Karlan | On 04 Oct 2018

Governing the Commons? Water and Power in Pakistan’s Indus Basin

Surface irrigation is a common pool resource characterized by asymmetric appropriation opportunities across upstream and downstream water users. Large canal systems are also predominantly state-manage...

by Hanan G. Jacoby | On 04 Oct 2018

The Changing Network of Financial Market Linkages: The Asian Experience

The paper investigates the changing network of financial markets for six periods from 1995–2016, constructing a network that captures the concepts of the direction of links between markets, the signif...

by Biplob Chowdhury | On 21 Sep 2018

Financial Market Integration and Income Inequality

This paper uncovers novel empirical evidence that financial market integration and financial market development interact to change income inequality. When other things are controlled, the effect of fi...

by Jae wook Jung | On 11 Sep 2018

Green Energy Finance in India: Challenges and Solutions

The paper presents a granular understanding of the associated challenges of mobilizing such finances, drawing from the Indian perspective. It contributes to the present understanding by identifying th...

by Gopal K. Sarangi | On 24 Aug 2018

Evaluating India's Exchange Rate Regime Under Global Shocks

The paper assesses the performance of India's managed float with respect to maintaining a real competitive exchange rate, its effect on trade, on stability of currency and financial markets, and on in...

by Ashima Goyal | On 24 Aug 2018

Financial Barriers to Development of Renewable and Green Energy Projects in Asia

The expansion of green renewable energy has been very limited in all the Asian countries, despite their various differences. The contributing factors are numerous, but, the financial factor has been t...

by Hooman Peimani | On 16 Aug 2018

Managing Credit Risk and Improving Access to Finance in Green Energy Projects

The cost of finance has a relatively high impact on the returns and viability of clean energy projects compared with fossil fuel-based energy projects, because the operating costs for renewable energy...

by Purkayastha Dhruba | On 13 Aug 2018

Financing Solar Photovoltaic Transition: From Utility to Residential Market Adoption in Emerging Economies

This paper examines the advantages and disadvantages of different financial schemes for introducing PV facilities in terms of the suitability of funding vehicles and investment mechanisms. Given the p...

by Ranaporn Tantiwechwuttikul | On 13 Aug 2018

Pendency of Cases in the Judiciary

Pendency of cases across courts in India has increased in the last decade. In this note, here, data related to pendency of cases and vacancy of judges in the Supreme Court, High Courts, and subordina...

by Roshni Sinha | On 08 Aug 2018

Financial Inclusion, Financial Regulation, Financial Literacy, and Financial education in the Kyrgyz Republic

This paper discusses recent developments in financial inclusion and financial literacy in Kyrgyz Republic. While financial inclusion is considered one of the key drivers of today’s development, it is...

by Savia Hasanova | On 19 Jul 2018

Assessment of the BUB Program: Improving Access of Local Communities to Basic Services and Strengthening Social Capital

The Aquino administration through the Human Development and Poverty Reduction Cluster (HDPRC) and Good Governance and Anti-Corruption Cluster (GGACC) launched the Bottom-up Budgeting (BUB) exercise in...

by Rosario G. Manasan | On 05 Jul 2018

Analyzing Decisiveness of Migration Intentions: Social Kinship that Matters

This paper therefore argues that using aggregate measures like migration incidence in an area wherein homogeneity is assumed and obtaining a significant and positive effect may erroneously amplify the...

by Aubrey D. Tabuga | On 28 Jun 2018

Utilisation, Fund Flows and Public Financial Management under the National Health Mission

This study provides insights on how institutional architecture for public fund flows affects budget execution. Using the case of the National Health Mission (NHM) in India, it highlights how the rules...

by Mita Choudhury | On 15 Jun 2018

Fair play in Indian Health Insurance

In recent years there has been an increased role for health insurance in Indian health care, through government funded health insurance programs and privately purchased health insurance. Our analysis...

by Shefali Malhotra | On 15 Jun 2018

Federalism, Fiscal Asymmetries and Economic Convergence: Evidence from Indian States

This paper tests economic convergence across States in India by incorporating federal fiscal asymmetries and differentials in gross fixed capital formation at the state level. Using dynamic panel mode...

by Lekha Chakraborty | On 15 Jun 2018

Financial Globalisation and Economic Growth in South Asia

The paper examines the relationship between financial globalization and growth. While the existing literature suggests divergent conclusions and mostly in the case of developed countries, there is dea...

by N R Bhanumurthy | On 14 Jun 2018

Financial Inclusion, Regulation, Financial Literacy, and Financial Education in Tajikistan

This paper provides an analysis of financial inclusion, literacy, and education issues in the Republic of Tajikistan. It discusses the recent progress in financial inclusion and the sector’s response...

by Roman Mogilevskii | On 11 Jun 2018

Assessing the Effectiveness of IMF Programs Following the Global Financial Crisis: How Did It Change Since the Asian Crisis?

The paper identifies key features of International Monetary Fund (IMF)–supported programs following the 2008 global financial crisis. The statistical analysis of a large sample of countries that borro...

by Carlos De Resende | On 09 Jun 2018

Cross- Border Portfolio Investment and Financial Integration in Asia and the Pacific Region

This paper examines the developments of cross-border portfolio assets and liabilities in the Asia and Pacific region over the periods of 2001–2017. Rapid increases in both portfolio foreign assets and...

by Sayuri Shirai | On 07 Jun 2018

Financial Inclusion, Financial Literacy, and Financial Education in AZerbaijan

This paper discusses the status of financial inclusion, education, and literacy in Azerbaijan as well as measures to foster the development of SMEs, which currently have inadequate access to financial...

by Gubad Ibadoghlu | On 07 Jun 2018

Financial Inclusion, Regulation, Financial Literacy and Financial Education in Armenia

Financial inclusion has significantly advanced in Armenia during the last decade. Rural and urban areas, however, have benefited unevenly. The high cost of providing financial services, the lack of ph...

by Armen Nurbekyan | On 07 Jun 2018

Young Enterprises and Bank Credit Denials

By employing a sample of 20,956 observations of non-financial SMEs headquartered in the Euro area, between 2009 and 2015, the paper tests whether young businesses are more likely to face credit reject...

by Danilo V. Mascia | On 06 Jun 2018

Global Banking Network and Regional Financial Contagion

This paper investigates and tests the role of regional exposures in financial contagion from advanced to emerging market economies through the global banking network using data on cross-border bilater...

by Cyn Young Park | On 31 May 2018

Determinants of Dividends among Indian Firms—An Empirical Study

The study aims to understand the determinants of dividend trends of Indian firms. The study was based on a sample of 31,234 firms representing 15 different industry sectors. Construction materials...

by | On 31 May 2018

Financial Inclusion: Indian Initiatives in the Global Perspective

This comprehensive paper attempts to critically evaluate the initiatives taken by India through the Reserve Bank of India in achieving financial inclusion and the efforts made...

by | On 28 May 2018

A Techie-Turned-Organic Farmer

Venkat Iyer was living a fast-paced life in the IT world in Mumbai when he decided to stop and take a long, hard look at where he was headed. Disheartened by his stressful existence in the city, h...

by | On 25 Apr 2018

The Global Findex Database 2017: Measuring Financial Inclusion and the Fintech Revolution

The Global Findex database is the world’s most comprehensive data set on how adults save, borrow, make payments, and manage risk. Launched with funding from the Bill & Melinda Gates Foundation, the da...

by World Bank [WB] | On 21 Apr 2018

Changing Paradigms in the Solar Industry

At the moment, there are few industries in the world as fast changing as the solar energy industry. The interest and use of solar energy is as old as mankind. However, the modern solar...

by | On 19 Apr 2018

Cow Vigilantism: Crime, Community and Livelihood January 2016 to March 2018

From 2015 there has been a spate of incidents of violence and intimidation around issues of cow slaughter and beef. These ranged from the lynching of Mohammad Akhlaq for alleged cow theft, slaughter...

by PUDR Peoples Union for Democratic Rights | On 04 Apr 2018

Domestic Resource Mobilisation for Development: An Analysis for the Past Trends and Future Options

The paper says that average saving rate over 1990-91 to 1995-96 has been only 14.7 percent of GDP.

by Sarfraz Qureshi | On 30 Mar 2018

International Commodity Prices and Domestic Bank Lending in Developing Countries

We study the role of the bank-lending channel in propagating fluctuations in commodity prices to credit aggregates and economic activity in developing countries. We use data on more than 1,600 banks...

by | On 30 Mar 2018

Triggers and Barriers for ‘Exclusion’ To ‘Inclusion’ in the Financial Sector: A Country-Wise Scrutiny

There have been very few works focusing on the determinants and barriers of financial inclusion. The objective of this study is two folded. Firstly, to measure a efficient composite multi-dimensiona...

by | On 27 Mar 2018

Policy Brief on Foreign Direct Investments (FDI)

In addition good and effective governance is also reflected in the quality of physical infrastructure like roads, electricity availability, ports and transport.

by Forum for Knowledge Sharing | On 27 Mar 2018

Changing Paradigms in the Solar Industry: A Case Study

At the moment, there are few industries in the world as fast changing as the solar energy industry. The interest and use of solar energy is as old as mankind. However, the modern solar industry truly...

by Françoise Pardos | On 26 Mar 2018

Naga media, the elections and ‘solutions’

Naga newspapers’ unwillingness to engage with the real issues plaguing the state was on display in the recent elections.

by Vikas Kumar | On 24 Mar 2018

Underground Economy and Tax Evasion in Pakistan: A Critical Evaluation

The paper says that the tax evasion refers to all the illegal actions taken to avoid the lawful assessment of taxes.

by M. Ali Kemal | On 21 Mar 2018

Financial Inclusion: New Measurement and Cross-Country Impact Assessment

This paper introduces a new index of financial inclusion for 151 economies using principal component analysis to compute weights for aggregating nine indicators of access, availability, and usage. It...

by Rogelio V. Mercado, Jr. | On 20 Mar 2018

Women in the Economy: An Untapped Resource for Growth in the Asia-Africa Region

Ensuring Women’s their participation in the economy requires access to skills, technology and finance. India and Japan have supported such initiatives in Asia and Africa in the past, but a joint effor...

by Renana Jhabvala | On 15 Mar 2018

Global Downturn and Export Sector in India: Impact on Production, Export and Employment

The paper says that the recent (2007–09) global financial meltdown and the related economic recession are seen as the worst since the Great Depression of 1930s.

by S.K. Sasikumar | On 12 Mar 2018

Budget 2018: Uttar Pradesh Budget Speech

The Finance Minister of Uttar Pradesh Mr. Rajesh Agarwal presented the budget for Uttar Pradesh, for the financial year 2018-19, on 16 February 2018. The total outlay for the year is Rs. 4,28,384.52 c...

by Ministry of Finance | On 12 Mar 2018

Managing Financial Globalization: Insights from the Recent Literature

This paper seeks to draw lessons for developing countries based on a survey of the recent literature on financial globalization. First, while capital account openness holds promises (by potentially lo...

by Shang-Jin Wei | On 10 Mar 2018

Trade, Financial Flows and Stock Market Interdependence: Evidence from Asian Markets

Liberalization and globalization of Newly Industrialized Economies have contributed to increased integration of capital markets. This study tests whether convergence of macroeconomic variables and e...

by | On 27 Feb 2018

Internationalisation of the Rupee

This paper evaluates the current status of the Indian Rupee as an international currency using the Chinn and Frankel (2008) framework, and explores the possibility of future Indian Rupee international...

by Shekhar Hari Kumar | On 27 Feb 2018

Micro Finance and Poverty Alleviation:The Case of Kerala's Kudumbashree

This paper says that micro finance is an emerging reality in contemporary development discourse and has come to occupy a significant place in financial intermediation in India.

by M.A. Oommen | On 27 Feb 2018

Education, Patriarchy, Gendering and Resistance: A Case Study of Adolescent Girls at KGBV, Ranipur

The research was important to see how the scheme is seen by the girls at KGBV, how the teachings shape them, and how does power play come to control them.

by Maitreya Jha | On 23 Feb 2018

Sexual Violence in Armed Conflict: Understanding the Motivations

The paper talks about the unequal power relations, discrimination and misogyny in patriarchal societies are exacerbated by the promotion of aggression and violence during war.

by E.J. Wood | On 21 Feb 2018

A Shift from Crime to Terrorism: Assessing D-Company

This paper offers an analysis of the causes behind the changing philosophy and practices of one of the well-known crime organizations from India to move closer towards terrorism to support its crimina...

by Ajey Lele | On 09 Feb 2018

Divisive Politics in Tamizh Nadu

While the Dravidian movement is surely a necessary counter to historical and even contemporary oppressive politics played by Brahmins and other upper castes, their militant politics and intellectual...

by Shyam Sundar | On 08 Feb 2018

Union Budget 2018-19: Budget for Children in New India

India is currently going through a major demographic transition and it is this transition that is going to make India one of the world’s youngest countries with largest young population. Of this you...

by HAQ: Centre for Child Rights | On 05 Feb 2018

Of Hits and Misses: An Analysis of Union Budget 2018-19

The report presents a comprehensive analysis of the budgetary provisions for important social sectors and the vulnerable sections of the population. It also presents an overview of the fiscal indicat...

by Centre for Budget and Governance Accountability CBGA | On 05 Feb 2018

Kerala Budget 2018-19

Budget speech of Finance Minister of Kerala.

by T.M. Thomas Issac | On 05 Feb 2018

State of State Finances 2018

Several states such as Delhi, Punjab, Haryana, Maharashtra, Tamil Nadu and Karnataka raise a majority of their revenue from their own taxes. On the other hand, Jammu and Kashmir, Assam, and Bihar rai...

by Mandira Kala | On 01 Feb 2018

Economic Survey 2017: Volume II, Chapter 2: Review of Fiscal Developments

Sound public financial management has been one of the pillars of India’s macro-economic stability in the last three years. Based on this firm footing, the Government, in partnership with the States,...

by Arun Jaitley | On 31 Jan 2018

China’s Development Finance to Asia: Characteristics and Implications

The paper ends with a discussion of the implications of possible shift in China's overseas development finance strategy since 2011.

by Oh Ah | On 31 Jan 2018

Economic Survey 2017: Volume I, Chapter 3: Investment and Saving Slowdowns and Recoveries: Cross-Country Insights for India

This chapter draws on cross-country experience to study the pattern of investment and saving slowdowns as well as recoveries in order to obtain policy lessons for India. One finding is that investme...

by Arun Jaitley | On 31 Jan 2018

Budget Speech Jharkhand 2018

The Chief Minister of Jharkhand, Shri Raghubar Das presented the Budget for the financial year 2018-19 on 23 January, 2018. Total expenditure for the year is expected to be Rs. 80,200 crore.

by Raghubar Das | On 25 Jan 2018

Budget Speech Jharkhand- 2018

The Chief Minister of Jharkhand, Shri Raghubar Das presented the Budget for the financial year 2018-19 on 23 January, 2018. Total expenditure for the year is expected to be Rs. 80,200 crore.

by Raghubar Das | On 25 Jan 2018

Accountability in Education: Meeting our Commitments

There are today 264 million children and youth not going to school – this is a failure that we must tackle together, because education is a shared responsibility and progress can only be sustainable t...

by | On 22 Jan 2018

Mitigating Threats to Girls's Education in Conflict Affected Contexts: Current Practice

Conflict amplifies existing power dynamics and inequalities in families and societies because of the insecurity and fear caused by the upheaval of support structures. Conflicts generally result in the...

by | On 22 Jan 2018

Technological Change, Automation and Employment: A Short Review of Theory and Evidence

A selective survey of recent papers in the area of technological change, automation and employment is presented. The objective is to convey analytical ideas and the empirical evidence that have inform...

by K. V. Ramaswamy | On 16 Jan 2018

Inequality, Employment and Public Policy

This paper examines dimensions of inequality including labour market inequalities and discusses public policies needed for reduction in inequalities. It discusses both inequality of outcomes and inequ...

by S.Mahendra Dev | On 16 Jan 2018

Can We Measure the Power of the Grabbing Hand?: A Comparative Analysis of Different Indicators of Corruption

This paper critically reviews the strengths and weaknesses of various objective and subjective indicators of corruption.

by Alexander Hamilton | On 15 Jan 2018

Cross-Border Spillover Effects of the G20 Financial Regulatory Reforms

The paper also emphasize the need for regulatory consistency within and between jurisdictions to ensure a level playing field.

by Clive Briault | On 15 Jan 2018

Strategic Roadmap for Implementation of UDAY Scheme

This study analyses the concerns/challenges in executing the operational targets set under the UDAY scheme for two DISCOMs in Karnataka, namely, Mangalore Electricity Supply Company Limited (MESCOM)...

by Rishu Garg | On 11 Jan 2018

Financial Literacy in Japan: Determinants and Impacts

Financial literacy is gaining increasing importance as a policy objective in many countries. However, internationally comparable information on financial literacy is still scarce. Recently, the Bank o...

by Naoyuki Yoshino | On 21 Dec 2017

Effects of Financial Market Imperfections on Indian Firms‘ Exporting Behavior

Using data from more than 6,000 manufacturing firms in India for 1996–2008, we investigate the impact of financial constraints on the exporting behavior of Indian manufacturing firms while also focusi...

by Hiro Ito | On 21 Dec 2017

The Effect of Age-Specific Sex Ratios on Crime: Instrumental Variable Estimates from India

Using data from 1961 to 2001, the paper shows the impact on crime of two age-specific sex ratios corresponding to pre-marital (ages 10 to 16) and marriageable (ages 20 to 26) age groups in India. To d...

by Rashmi Barua | On 12 Dec 2017

Inequality, Good Governance and Endemic Corruption

Can a society suffering contests between rich and poor achieve good governance in the face of endemic corruption? The paper examines a stylized poor state with weak institutions in which a “culture of...

by Gil S. Epstein | On 21 Nov 2017

The Status of Financial Inclusion, Regulation, and Education in India

India’s financial inclusion agenda has witnessed a paradigm shift over the last decade, away from an emphasis on credit to a more comprehensive approach toward financial services (e.g., opening bank a...

by | On 16 Nov 2017

Management of Capital Flows in India

Increased integration with global financial markets has amplified the complexity of macroeconomic management in India. The diverse objectives of a robust growth rate, healthy current account deficit,...

by Abhijit Sen Gupta | On 13 Nov 2017

Capital Flows and Financial Stability in Emerging Economies

There is mixed evidence for the impact of international capital flows on financial sector's stability. This paper investigates the relationship between components of gross capital flows and various fi...

by | On 10 Nov 2017

So That a Nuclear Weapon Free World can Come to Be: Putting Nuclear Weapons to Politico-Diplomatic Use

Existing initiatives and proposals for nuclear disarmament, both inter-Governmental and unofficial ones, are appraised vis-a-vis the Indian approach, with a view to identifying possibilities of synerg...

by | On 09 Nov 2017

Educational Status of De-notified Tribes A Study of Telangana

This paper deals with educational status of De-notified and Nomadic Tribes (DNT-NT) of Telangana vis-à-vis their socioeconomic conditions. The present study is based on primary data collected from Mah...

by Vijay Korra | On 27 Oct 2017

BRICS AND Illicit financial flows

There is a growing sense of anguish among the citizens across the world with the increasing number of public disclosures exposing how a small group of global elite (individuals as well as MNCs) have b...

by | On 25 Oct 2017

Trade Misinvoicing: What can we measure?

The existing studies on trade misinvoicing have focussed on the discrepancy in reported trade statistics between developing and developed countries. The estimates based on such methods rely on the ass...

by Suranjali Tandon | On 10 Oct 2017

Creating Solar Parks in Cities

These consumers expect stable returns and minimal hassles.

by Saptak Ghosh | On 10 Oct 2017

Measuring Competition in the Banking Sector of Pakistan: An Application of Boone Indicator

The banking sector of Pakistan has witnessed a notable transformation in its structure and business activities following the implementation of financial sector reforms since the early 1990s. Specific...

by Mahmood ul Hasan Khan | On 09 Oct 2017

Central Bank Communication: The Practice in Nepal Rastra Bank and Impact on Inflation

The paper says that it will contribute to make monetary policy more effective and thus enhance its impact.

by Sarthak Karki | On 06 Oct 2017

Relationship between Financial Literacy and Behavior of Small Borrowers

The analysis showed that the relationship of financial literacy of small borrowers was significant with their financial attitude and behavior.

by Ramesh Chaulagain | On 06 Oct 2017

Optimal Inflation Rate for Nepal

This paper estimates the optimal inflation rate in Nepal based on the data of the period 1978–2016.

by Nepal Rastra Bank Research Department NRB | On 28 Sep 2017

Women in Politics and the Subject of Reservations

This paper, however, demonstrates that the effective history of thinking about political representation in the form of reservations for women is as old as the women’s movement itself. Feminist enga...

by Mary E. John | On 28 Sep 2017

East Asian Financial and Economic Development

Japan, an isolated, backward country in the 1860s, industrialized rapidly to become a major industrial power by the 1930s. South Korea, among the world’s poorest countries in the 1960s,joined the rank...

by Randall Morck | On 25 Sep 2017

Financial Inclusion, Information and Communication Technology Diffusion and Economic Growth: A Panel Data Analysis

The present study has first examined whether ICT development can be an important determinant of Financial Inclusion by using a fixed effect panel data model. The results show that ICT is indeed an i...

by Amrita Chatterjee | On 25 Sep 2017

Migrant Smuggling Data and Research: A Global Review of the Emerging Evidence Base

The report narrates that the diversity of smugglers has been examined in the academic and grey literature.

by Marie McAuliffe | On 25 Sep 2017

Non-Performing Assets in Indian Banks: This Time it is Different

Growing non-performing assets is a recurrent problem in the Indian banking sector. Over the past two decades, there have been two such episodes when the banking sector was severely impaired by balance...

by Rajeswari Sengupta | On 18 Sep 2017

The Political Historiography of Modern Gujarat

The focus of this paper is on the political history of modern Gujarat, which has been an intriguing one. The paper identifies and discusses in the broad landscape of Gujarat’s politics three notable d...

by Tannen Neil Lincoln | On 14 Sep 2017

Augmenting Small Farmers Income Through Rural Non-Farm Sector: Role of Information and Institutions

The paper discusses the nature and extent of non-farm activities in India using India Human Development Survey unit record data. An exercise carried out to understand the determinants of income from n...

by Meenakshi Rajeev | On 11 Sep 2017

Indian Food and Welfare Schemes: Scope for Digitization Towards Cash Transfers

The paper presents a case for a phased rolling out of direct benefits transfer (DBT) for Food in India. By studying all states and Union Territories on three broad parameters: demographics, performanc...

by Shweta Saini | On 21 Aug 2017

India, Climate Change and Security in South Asia

South Asia faces a wide array of social, political, and economic issues that already threaten security in the region. The region has a history of border disputes, sectarian violence, and government co...

by David Antos | On 09 Aug 2017

Public Procurement in India: Assessment of Institutional Mechanism, Challenges, and Reforms

The present study assesses the public procurement system and recent reform initiatives in India and outlines the need for changes in the institutional frameworks.

by Bhabesh Hazarika | On 09 Aug 2017

Report of The Committee to Review Governance of Boards of Banks in India

The Report projects, under different scenarios, the capital requirements till March 2018 in order that provisions are prudent, there is adequate balance sheet growth to support the needs of the econom...

by Reserve Bank of India RBI | On 08 Aug 2017

Report of the Working Group on Resolution Regime for Financial Institutions

The report narrates the recent global financial crisis demonstrated the shortcomings of the frameworks to handle the failure of large and systemically important financial institutions, also known as “...

by Reserve Bank of India RBI | On 08 Aug 2017

Scarcity at the End of the Month: First Results from a Field Experiment in Bangladesh

This paper reports results of a ?eld experiment designed to test how the timing of wage payments a?ects consumption and ?nancial behaviors. Salaried employees in a large manufacturing ?rm were paid a...

by Emily Breza | On 07 Aug 2017

Report of the Working Group on Development of Corporate Bond Market in India

It has been well recognized that a well-developed corporate bond market complements a sound banking system in providing an alternative source of finance to the real sector for its long-term investme...

by Securities Board of India | On 04 Aug 2017

The Importance of Being Siliguri, or the Lack Thereof Border-Effect and the “Untimely” City in North Bengal

Debashis Chakraborty visited Siliguri for the first time in 1952. After the final examinations of Class IV, this was his first trip to Siliguri to visit the part of his family that had relocated to th...

by Atig Ghosh | On 04 Aug 2017

Making Women Count for Peace: Gender, Empowerment and Conflict in South Asia

With a focus on Northeast Indian experiences and a comparative look at Nepal, this project addresses the role of women in local governance and politics, particularly within the context of peace and se...

by Calcutta Group | On 04 Aug 2017

A Measure of Finance-Neutral Output Gap for India

In the Indian context, the present literature on estimation of potential output - the level of output that an economy can produce sustainably over the medium term is based on an understanding that sus...

by Deba Prasad Rath | On 04 Aug 2017

Corporate Leverage in EMEs: Has the Global Financial Crisis Changed the Determinants?

Has the global financial crisis changed the pivotal determinants of corporate leverage in EMEs? This paper attempts to address this issue using a panel-GMM framework and quantile-analysis for 10 maj...

by Snehal S. Herwadkar | On 04 Aug 2017

Comments of the Reserve Bank of India on A New Capital Adequacy Framework

The report narrates that the Accord provided a framework for a fair and reasonable degree of consistency in the application of capital standards in different countries, on a shared definition of capit...

by Reserve Bank of India RBI | On 03 Aug 2017

A Situational Theory of Pork Barrel Politics: The Shifting Logic of Discretionary Allocations in India

A rich panel dataset on Indian states is used to propose a situational theory of distributive politics which states that incentives for exclusive targeting of affiliated states in dominant party syst...

by | On 02 Aug 2017

Can Bihar Break the Clientelist Trap? The Political Effects of Programmatic Development Policy

It is widely recognized that politics affects policy-making, but there is little knowledge about how politics can be made more conducive to effective governance. This study reverses the relationship...

by Jonathan Phillips | On 02 Aug 2017

Reconfiguring International Financial Institutions: The BRICS Initiative

This paper examines the implications of the establishment of the New Development Bank (NDB) and the Contingent Reserve Arrangement (CRA) for the international financial system and for the BRICS coun...

by Manmohan Agarwal | On 31 Jul 2017

Is Nepal’s Renewable Energy Subsidy Reaching Poor People of Rural Areas? A Study of Biogas and Solar Home Systems

This paper analyse data from the Nepal Living Standard Survey for the year 2010/11 to determine the extent to which these programs have reached the poor. The Government of Nepal has been providing fin...

by Dipendra Bhattarai | On 28 Jul 2017

Gender Matters in Economic Empowerment Interventions: A Research Review

The article reviews the recent evaluation evidence on financial services and training interventions designed to increase the productivity and income of the poor; it includes the subset of evaluation...

by Mayra Buvinic | On 28 Jul 2017

Sanitation Tool Compendium

This document provides a list of sanitation tools; organisation of the same based on their specific features; and factsheets corresponding to every tool, which cover the objectives, descriptions, ad...

by Shramana Dey | On 27 Jul 2017

The Corporate Social Responsibility Act in India: An Early Assessment

This paper aims at providing an early assessment of the response by firms to this Act. It examines the extent to which the CSR Act has led firms to comply and increase the share of profits being spent...

by Sangeeta Bansal | On 27 Jul 2017

Are Mobile Financial Services Promoting Financial Inclusion in Bangladesh? An Assessment Study

Despite rapid progress of the financial sector in Bangladesh, there are concerns that banks have not been able to include a vast segment of the population, especially the underprivileged sections and...

by Bilkis Sultana | On 26 Jul 2017

Can Leaders Promote Better Health Behavior? Learning from a Sanitation and Hygiene Communication Experiment in Rural Bangladesh

This study looks at the roles that local women leaders can play in addressing the important environmental health issue of sanitation and hand hygiene by improving access to quality sanitation and hygi...

by Atonu Rabbani | On 25 Jul 2017

East Asia Department Knowledge Management Initiatives in 2014

This annual publication showcases the results of knowledge management initiatives of the East Asia Department of the Asian Development Bank in 2014.

by Asian Development Bank Institute | On 24 Jul 2017

Making Money Work: Financing a Sustainable Future in Asia and the Pacific

This report explores some of the ways forward. It highlights not just the need to inject more money into investments that contribute to sustainable development, but also to attract funds toward them—t...

by Asian Development Bank Institute | On 21 Jul 2017

Households' Inflation Expectations in India: Role of Economic Policy Uncertainty and Global Financial Uncertainty Spill-over

Inflation expectations are an important marker for the conduct of monetary policy. Using a Bayesian structural VAR-X model that includes the inflation expectations of general public based on the Infla...

by Taniya Ghosh | On 21 Jul 2017

Asian Development Outlook (ADO) 2017 Supplement: Cautious Optimism for Asia's Outlook

With export demand stronger than expected in the first quarter of 2017, the region’s GDP is forecast to expand somewhat faster than forecast in April in Asian Development Outlook 2017.

by Asian Development Bank Institute | On 20 Jul 2017

Facilitating Foreign Exchange Risk Management for Bond Investments in ASEAN+3

The report says that the bond investors typically have a long position in local currency bond markets. To manage their foreign exchange risk, they may want to hedge that exposure for a period of time.

by Asian Development Bank Institute | On 12 Jul 2017

Financial Soundness Indicators for Financial Sector Stability in Georgia

The results of this study can be used to strengthen the institutional and statistical capacities of Georgia to routinely collect, compile, analyze, and disseminate internationally comparable financial...

by Asian Development Bank Institute | On 07 Jul 2017

Financial Soundness Indicators for Financial Sector Stability in Viet Nam

The results of this study can be used to strengthen the institutional and statistical capacities of Viet Nam to routinely collect, compile, analyze, and disseminate internationally comparable FSIs tha...

by Asian Development Bank Institute | On 07 Jul 2017

Financial Soundness Indicators for Financial Sector Stability: A Tale of Three Asian Countries

This report presents country-case studies for Bangladesh, Georgia, and Viet Nam focusing on growing evidences in the development of financial soundness indicators to effectively monitor the financial...

by Asian Development Bank Institute | On 06 Jul 2017

Police Reforms in India

This report provides an overview of police organisation in India, and highlights key issues that affect their functioning. Note that the Standing Committee on Home Affairs is also examining two subje...

by Anviti Chaturvedi | On 04 Jul 2017

Asia Bond Monitor - November 2015

The report says that yields for 10-year local currency (LCY) government bonds in emerging East Asia were mostly down between 1 September and 31 October. Investor confidence was buoyed as financial mar...

by Asian Development Bank Institute | On 29 Jun 2017

Strengthening City Disaster Risk Financing in Vietnam

This paper presents a summary of a technical assistance project on the development of disaster risk financing solutions for the cities of Can Tho and Hue and, by extension, for other cities in Viet Na...

by Asian Development Bank Institute | On 26 Jun 2017

Asian Economic Integration Report 2015: How Can Special Economic Zones Catalyze Economic Development?

The report is an annual review of Asia’s regional economic cooperation and integration. It covers the 48 regional members of the Asian Development Bank. This issue includes Special Chapter: How Can Sp...

by Asian Development Bank Institute | On 23 Jun 2017

Asia Bond Monitor - June 2017

This issue of the Asia Bond Monitor includes two special discussion boxes. Box 1 discusses the risks to emerging Asia’s financial stability under tightening global liquidity conditions. Box 2 discusse...

by Asian Development Bank Institute | On 23 Jun 2017

Digital Financial Services in the Pacific: Experiences and Regulatory Issues

This report examines the current use of DFS in the Pacific, analyzes the issues that need to be addressed, and provides recommendations for increasing financial inclusion in the region.

by Asian Development Bank Institute | On 14 Jun 2017

Myanmar Transport Sector Policy Note: How to Improve Road User Charges

This report presents a preliminary economic analysis of road user costs and fees, partly drawing from the World Bank’s Road User Charge (RUC) model and analysis framework, and a review of the tolling...

by Asian Development Bank Institute | On 01 Jun 2017

Finding Balance 2016: Benchmarking the Performance of State-Owned Enterprises in Island Countries

This study of state-owned enterprises performance in the Pacific emphasizes political commitment to reform as a key driver for commercial results.

by Asian Development Bank Institute | On 23 May 2017

ASEAN+3 Bond Market Guide 2016: Malaysia

According to data published on AsianBondsOnline, total LCY bonds outstanding in Malaysia barely moved in the third quarter of 2015 compared with the previous quarter, standing at MYR1,076 billion at t...

by Asian Development Bank Institute | On 16 May 2017

The Emergence of Pacific Urban Villages: Urbanization Trends in the Pacific Islands

The paper narrates that the specific needs of the Pacific in the process of urbanization must be recognized and adequately addressed in the post-2015 development agenda. Key priorities include upgradi...

by Asian Development Bank Institute | On 15 May 2017

Asia Bond Monitor - November 2016

This issue of the Asia Bond Monitor includes Local currency (LCY) government bond yields in advancedeconomies and emerging East Asia climbed between 31 October and 18 November due to increased concern...

by Asian Development Bank Institute | On 11 May 2017

Asian Economic Integration Report 2016

The reports notes the regional cooperation and integration (RCI) in Asia and the Pacific continues to evolve, creating an important source for the region’s dynamic growth. This report assesses the RCI...

by Asian Development Bank Institute | On 10 May 2017

Accelerating Financial Inclusion in South-East Asia with Digital Finance

The research focuses on financial exclusion in three segments: base of pyramid (BoP); women; and micro, small, and medium enterprises (MSMEs). From our research, we estimate that addressing this oppor...

by Asian Development Bank Institute | On 09 May 2017

Compliance in Letter and Compliance in Spirit? - Evidence from Board and Audit Committee Meetings in India

This paper analyzes two notions of compliance, 'compliance in letter' and 'compliance in spirit', using data on Board and Audit Committee meetings from India under its Clause 49 corporate governance ...

by Subrata Sarkar | On 03 May 2017

Banning Slaughter Houses: Not a Hasty Move

The change in guard of Uttar Pradesh has set the stage for a new chapter in UP politics. But will the fulfilling of election promises result in serious negative economic repercussions? The case of t...

by Aritra Chakrabarty | On 04 Apr 2017

Macroeconomic Impact of Demonetisation: A Preliminary Assessment

The analysis in this paper suggests that demonetisation has impacted various sectors of the economy in varying degrees; however, in the affected sectors, the adverse impact was transient and felt ma...

by Reserve Bank of India RBI | On 21 Mar 2017

Macroeconomic Impact of Demonetisation-A Preliminary Assessment

Demonetisation announced on November 8, 2016 was aimed at addressing corruption, black money, counterfeit currency and terror financing. Although demonetisation holds huge potential benefits in the me...

by Reserve Bank of India RBI | On 15 Mar 2017

Is Domestic Violence a Lesser Crime? Countering the Backlash against Section 498A, IPC

The situation today is that domestic violence is treated as a `social crime’ when compared with violence by strangers, even though it is much more severe in nature. Why is wife beating considered as a...

by Shalu Nigam | On 21 Feb 2017

Economic Status and Adult Mortality in India

Research on economic status and adult mortality is often stymied by the reciprocity of this relationship. While financial resources increase access to healthcare and nutrition and reduce mortality, si...

by | On 15 Feb 2017

Assam Budget Analysis 20 17 - 18

The Finance Minister of Assam , MrHimanta Biswa Sarma presented the Budget for Assam for financial year 2017-18 on February 7, 2017. [PRS].

by Arvind Gayam | On 09 Feb 2017

What Do the Numbers Tell? An Analysis of Union Budget 2017-18

Budget 2017-18 is placed at an important juncture when there has been a thrust by the government for a digitised and a consequent cashless economy with the demonetisation of high value currency note...

by Centre for Budget and Governance Accountability CBGA | On 03 Feb 2017

Climate Change: Impacts, Vulnerabilities and Adaptation in Developing Countries

Developing countries are the most vulnerable to climate change impacts because they have fewer resources to adapt: socially, technologically and financially. Climate change is anticipated to have far...

by United Nations Economic and Social Commission for Asia and the Pacific | On 23 Jan 2017

Vital Stats: Participation of Members of Uttar Pradesh Legislative Assembly (2012-2017)

The Election Commission recently announced the poll schedule for the assembly elections in Uttar Pradesh. In this context, data on the composition of the 16th Uttar Pradesh Legislative Assembly (2012-...

by Jhalak Kakkar | On 10 Jan 2017

Inequalities in Secondary Education: Rashtriya Madhyamik Shiksha Abhiyan

Secondary education is an important stage in the school education ladder as it equips students with skills important for higher education and the labour market. Besides helping students to choose diff...

by | On 10 Jan 2017

The Plough, Gender Roles, and Corruption

Cross-national empirical studies of corruption commonly find that nations in which women play a greater role in economic and public life suffer less corruption. This finding has been controversial in...

by | On 10 Jan 2017

Skill Development : An Engine of Economic Growth

Indian economy is now trillion dollar economy. After introducing significant reforms in financial sector, we have improved efficiency and stability in our economy. As per most economists we will achie...

by | On 04 Jan 2017

Financial Inclusion in the Digital Age

The policies needed to promote financial inclusion in the digital age were discussed at an international conference held at the Asian Development Bank Institute. The  event took place on 7–8 April 2...

by Shawn Hunter | On 29 Dec 2016

Modelling Corporate Sector Distress in India

The paper attempts to formulate a model to predict corporate financial distress of non-government non-financial public limited companies and estimate distressed bank debt due to the sample companies...

by Manjusha Senapathi | On 27 Dec 2016

The Problem of Inequality

The paper examines consumption, income, regional, social and gender inequalities in India. Income inequalities are much higher that of consumption. It also looks at inequalities in opportunities like...

by S.Mahendra Dev | On 19 Dec 2016

Strength of Partisan and Candidate Ties in India

This study estimates the impact of incumbency on re-election prospects of parties and candidates in India, between 1977 and 2014, for Lok Sabha elections. Regression discontinuity design is used to es...

by Aditi Singhal | On 05 Dec 2016

E-governance, Accountability, and Leakage in Public Programs: Experimental Evidence from a Financial Management Reform in India

In collaboration with the Government of Bihar, India, a large-scale experiment is conducted to evaluate whether transparency in fiscal transfer systems can increase accountability and reduce corrupt...

by Abhijit Banerjee | On 02 Dec 2016

Strengthening State Legislatures: Background Note for the Conference on Effective Legislatures

State legislatures are responsible for making laws on key subjects like land, police and health. They are also tasked with approving the expenditure of money for their respective states every year. T...

by Prianka Rao | On 30 Nov 2016

Demonetisation: Impact on the Economy

The argument posited in favour of demonetisation is that the cash that would be extinguished would be “black money” and hence, should be rightfully extinguished to set right the perverse incentive s...

by | On 17 Nov 2016

Black Money, Corruption and Demonetisation

The demonetisation of currency after a long period of 38 years was a welcome and bold step taken by the Government of India on November 8, 2016. The last demonetisation was implemented in 1978 by wi...

by Martin Patrick | On 11 Nov 2016

State of State Finances

Finances of states have been changing due to (i) increased devolution of central taxes, (ii) rationalisation of the Centrally Sponsored Schemes, (iii) the introduction of the UDAY scheme, and (iv) the...

by Arvind Gayam | On 09 Nov 2016

Green Jobs Assessment

The study focuses on four industries, which were identified by the Government as the growth poles of Mauritius’ economy: sugar agriculture, textiles, tourism (hotels) and financial services.3 The empl...

by International Labour Organization [ILO] | On 08 Nov 2016

Mapping the South-Asian Political Landscape in the Context of Migration

Review on , Partha S. Ghosh’s book, ‘Migrants, Refugees and the Stateless in South-Asia’ ; Sage Publications India, 384 pages

by Aashish Khakha | On 03 Nov 2016

The Impact of Arranged Marital Customs on Women 's Autonomy in Rural India

It will be argued that while modernization in India has allowed for small improvements to women's autonomy, in rural India today the little autonomy women do have is constricted through traditional no...

by | On 02 Nov 2016

Doing Business

Against the backdrop of the global financial and economic crisis, policy makers around the world took steps in the past year to make it easier for local firms to start up and operate. This is importan...

by World Bank [WB} | On 27 Oct 2016

Investment Pattern of Youth in India with Particular Reference to Mumbai

This study examines the savings and investment pattern of select college going students (Age: 17-25 years) in the city of Mumbai who has just begun to earn. The study also looks into the basic financi...

by | On 25 Oct 2016

Analysis of the Kerala Assembly Elections, May 2016

This study attempts to understand people’s perceptions and their understanding approaching the 2016 assembly elections and how it influenced the voting pattern and behaviour while exercising their r...

by D Dhanuraj | On 21 Oct 2016

The Effect of Changing Financial Incentives on Repartnering

This paper examines how a reduction in the financial resources available to lone parents affects repartnering. We exploit natural experiment that reduced the financial resources available to a subset...

by | On 18 Oct 2016

On Measuring Uncertainty: Snakes and Ladders

The Global Crisis demonstrated to the world that Ratings Agencies had misled the public about the stability of financial institutions. The Finance literature had decided that it was impossible to have...

by | On 18 Oct 2016

Review: The Making of International Human Rights: The 1960s, Decolonization, and the Reconstruction of Global Values

Review of The Making of International Human Rights: The 1960s, Decolonization, and the Reconstruction of Global Values. Human Rights in History Series. Cambridge: Cambridge University Press, 2016.

by | On 17 Oct 2016

Productivity Dynamics in India's Service Sector: An Industry-Level Perspective

The rapid rise of service sector in India, as in its developing counterparts in Asia, follows the pattern of skipped industrialization and raises concern for sustaining economic growth in India. Whil...

by K L Krishna | On 10 Oct 2016

Financial Stability in a Weak Global Environment

Even almost eight years since resorting to the extraordinary monetary and fiscal measures to counter the after-effects of the Global Financial Crisis, authorities are still left wondering about rela...

by S.S. Mundra | On 10 Oct 2016

Why Musahars Vote ?

The most popular imagery that the 16th Lok Sabha election campaign projected was of good governance and development. What does this mean for communities that lie on the margins of body politics? Are...

by Shilp Shikha Singh | On 05 Oct 2016

Evaluating Asian FTAs: What do Gravity Equation Models Tell Us?

This research evaluates the performance of free trade agreements by analyzing the determinants of trade flows of Asian economies for a panel of thirty-one countries during 2007-2014 using a Gravity...

by Sunder Ramaswamy | On 29 Sep 2016

The Worldwide Shift of FDI to Services- How does it Impact Asia? New Evidence from Seventeen Asian Economies

The productivity spillovers of industry-level FDI on both, the sector of manufacturing and the sector of services, in seventeen South and East Asian economies. Using a dynamic panel GMM methodology,...

by Nadia Doytch | On 29 Sep 2016

Financial Inclusion in India – The Journey so far and the Way Ahead

RBI is on a journey towards the goal of universal financial inclusion in India. There are challenges encountered and the way forward. [Address delivered at at the BRICS Workshop on Financial Inclusio...

by S.S. Mundra | On 26 Sep 2016

Two Centuries of Finance and Growth in the United States, 1790-1980

Do efficient financial markets and institutions promote economic growth? Have they done so in the past? This essay, to be included in the Handbook of Finance and Development (edited by Thorsten Beck a...

by Howard Bodenhorn | On 22 Sep 2016

Life and Death at AIIMS: A Report on Construction Accidents and the Course of Justice

On 9th March 2016, the media reported an accident at a construction site of All India Institute of Medical Sciences (AIIMS), Delhi in which two workers were killed and three were injured. In less than...

by People's Union for Democratic Rights PUDR | On 20 Sep 2016

Introduction: Academic Freedom in Crisis

This essay is the first in a series on Academic Freedom in Crisis curated by socialsciencespace. In the current context of the apparent retreat of academic freedom across the world, the series of shor...

by Daniel Nehring | On 11 Sep 2016

Changing Nature of FDI: Need to Re-examine the Productivity Spillovers

FDI productivity and technology spill over theories were developed during a period when manufacturing sector dominated FDI flows, and European and the US MNEs enjoyed higher productivity levels compar...

by N S Siddharthan | On 11 Sep 2016

Substance Abuse Treatment Centers and Local Crime

This paper estimates the effects of expanding access to substance-abuse treatment on local crime. It does so using an identification strategy that leverages variation driven by substance-abuse-treatme...

by Samuel Bondurant | On 07 Sep 2016

Words Matter: A Textual Analysis of SBP’s Monetary Policy Reviews

In this paper a textual analysis is performed of monetary policy statements issued during the past ten years by State Bank of Pakistan and compare them with policy reviews of seven selected central ...

by Asif Mahmood | On 07 Sep 2016

The Independence of the Central Bank

Central banking does not mean just rates cuts and rate rising. There are many decisions to be taken sometimes unpopular or hard-to-explain ones, to be made under conditions of extreme uncertainty. The...

by Raghuram G. Rajan | On 06 Sep 2016

Abductive Reasoning in Macroeconomics

Macroeconomic analytical frameworks change with events they are unable to explain. The process is closer to abductive reasoning that is based on both events and analysis, unlike induction which is d...

by Ashima Goyal | On 31 Aug 2016

Gender Bias in Education during Conflict: Evidence from Assam

Using a large-scale novel panel dataset (2005–14) on schools from the Indian state of Assam, we test for the impact of violent conflict on female students’ enrollment rates. We find that a doubling of...

by | On 30 Aug 2016

Vital Stats: Parliament during Monsoon Session 2016

The Monsoon Session of Parliament concluded on August 12, 2016. The session had 20 sittings, during which various Bills were passed, including a Constitutional Amendment Bill enabling the levy of a G...

by Kusum Malik | On 16 Aug 2016

Brain Drain Versus Brain Gain: The Study of Remittances in Southeast Asia and Promoting Knowledge Exchange Through Diasporas

The study attempts to identify the macroeconomic determinants of remittance inflows in South Asian countries. It uses additively separable utility function as theoretical framework and the Arellano-Bo...

by | On 16 Aug 2016

The Effects of Pre-Trial Detention on Conviction, Future Crime, and Employment: Evidence from Randomly Assigned Judges

Over 20 percent of prison and jail inmates in the United States are currently awaiting trial, but little is known about the impact of pre-trial detention on defendants. This paper uses the detention t...

by Will Dobbie | On 16 Aug 2016

Gender Dimensions at Work and Employment: A Case of Sexual Harassment

The present study is an effort towards the effective implementation of this welfare piece of legislation for women and deals with employer’s perspective on sexual harassment, existing mechanism for...

by Shashi Bala | On 10 Aug 2016

Signing away Sovereignty: How Investment Agreements Threaten Regulation of the Mining Industry in the Philippines

In the last decade, the resource-rich Philippines has bet heavily on the mining industry as a development strategy, an approach that has come under growing scrutiny. With 47 large-scale mines in oper...

by Cecilia Olivet | On 10 Aug 2016

Analyzing the Impact of the World’s Largest Public Works Project on Crime

India started the implementation of a rural public works program in 2006, covering all districts of the country within three years. The program guarantees 100 days of employment per year at minimum wa...

by Satadru Das | On 09 Aug 2016

Market Integration and Price Transmission in Tajikistan’s Wheat Markets: Rising Like Rockets but Falling Like Feathers?

The extent of market integration and transmission of food price shocks is a major determinant of price stability and overall food security, particularly in developing countries. Few studies have exam...

by Jarilkasin Ilyasov | On 08 Aug 2016

Does “Ban the Box” Help or Hurt Low-Skilled Workers? Statistical Discrimination and Employment Outcomes when Criminal Histories are Hidden

Jurisdictions across the United States have adopted "ban the box" (BTB) policies preventing employers from conducting criminal background checks until late in the job application process. Their goal i...

by Jennifer Doleac | On 05 Aug 2016

Migration and Child Labour: Exploring Child Migrant Vulnerabilities and those of Children Left-Behind

The working paper attempts to describe the correlation between migration and child labour by reviewing secondary data of migrant children with or without their families, and children left-behind by th...

by | On 04 Aug 2016

The Global Crisis and the Impact on Remittances to Developing Asia

Remittances to Asia plunged during the 1997 Asian financial crisis, but the drop was temporary as the flows were increasing once again after just 1 year. The current crisis, however, is fundamentally...

by | On 29 Jul 2016

Do Government Audits Reduce Corruption: Estimating the Impacts of Exposing Corrupt Politicians

This paper examines the extent to which government audits of public resources can reduce corruption by enhancing political and judiciary accountability. It does so in the context of Brazil’s anti-corr...

by Eric Avis | On 29 Jul 2016

Fire-Sale Externalities

This paper characterizes the efficiency properties of competitive economies with financial constraints and fire sales. It shows that two distinct pecuniary externalities occur in such settings: distri...

by Eduardo Dávila | On 29 Jul 2016

Operational Guidelines: Pradhan Mantri Fasal Bima Yojana

Pradhan Mantri Fasal Bima Yojana (PMFBY) aims at supporting sustainable production in agriculture sector by way of providing financial support to farmers suffering crop loss/damage arising out of unf...

by Ministry of Agriculture GOI | On 28 Jul 2016

South-South Migration and Remittances

The impact of South-South migration on the income of migrants and natives is smaller than for South-North migration. However, even small increases in income can have substantial welfare implications f...

by | On 27 Jul 2016

Designing the Green Climate Fund: Issues for Consideration

At the 16th session of Conference of Parties (COP) to the United Nations Framework Convention on Climate Change (UNFCCC), the COP adopted decisions in which it decided to establish a Green Climate F...

by Prodipto Ghosh | On 26 Jul 2016

New Perspective on Youth Migration: Motives and Family Investment Patterns

Migration research commonly assumes that youth migrate as dependent family members or are motivated by current labor opportunities and immediate financial returns. These perspectives ignore how migrat...

by | On 25 Jul 2016

The Financial Literacy of Indians

While a lot of experimentation has been done in the realm of financial literacy, it is difficult to point to one standardised method or approach that works best in all scenarios with all kinds of targ...

by | On 20 Jul 2016

Vulnerability to Poverty: Tajikistan During and After the Global Financial Crisis

The paper examines vulnerability to poverty in Tajikistan during the global financial crisis, focusing on the roles played by international migration and remittances, using a formal, practical, and ea...

by Ira N. Gang | On 19 Jul 2016

A Study on Financial Literacy and its Determinants among Gen Y Employees in Coimbatore City

Financial literacy is the mix of one’s knowledge, skill and attitude towards financial matters. It helps to make informed decisions and well-being of an individual. Research has been conducted globall...

by | On 18 Jul 2016

Parliament Session Alert Monsoon Session : July 18 – August 1 2 , 201 6

Lok Sabha and Rajya Sabha will meet for the Monsoon Session between July 18 and August 12, 2016. There will be a total of 20 sittings. The agenda for legislation includes nine Bills for consideration...

by Kusum Malik | On 18 Jul 2016

Financial Sector Legislative Reforms Commission (FSLRC) and Financial Sector Regulation in India

This paper examines the changes in regulation in four G7 countries post the financial sector breakdown of 2008 and suggestions made by the Financial Stability Board with respect to e.g. capital adequa...

by Jaimini Bhagwati | On 07 Jul 2016

Perspectives on the Investigation, Prosecution and Prevention of Art Crime in Asia

Many art crimes exist in Asia, where looting and trafficking of regional artefacts have developed extensively in contemporary times. The sophisticated methods of looters and middlemen, the highly effi...

by Stefan Gruber | On 30 Jun 2016

Malnutrition: Unanswered Questions from Attapadi

India claims to have achieved financial growth of 7% but despite this high growth rate, poverty and inequality has also grown exponentially and social security, standard of life, security of labor ha...

by Child Rights and You CRY | On 27 Jun 2016

Challenges in Implementing the Right to Education: The Karnataka Case

This paper analyses some of the major financial and governance challenges for attaining universal elementary education following RTE norms. The focus is on Karnataka. The analysis of financ...

by | On 22 Jun 2016

Financial Sector Legislative Reforms Commission (FSLRC) and Financial Sector Regulation in India

The Financial Sector Reforms Commission (FSLRC) which was set up in 2011 by the Ministry of Finance was mandated to study existing legislation and financial sector regulatory practices in India and...

by Jaimini Bhagwati | On 22 Jun 2016

Putting Justice First: Legal Strategies to Combat Human Trafficking in India

The comprehensive research found significant impediments preventing victims of trafficking from using the courts: from the lack of specialised legal assistance, to the absence of protection for those...

by The Thomson Reuters Foundation | On 17 Jun 2016

Informal Labour Markets in Pakistan

This paper describes the results of a survey of informal-sector firms in Pakistan. Firms belong to the informal sector mainly because of scarce financial resources. There are significant differences...

by M. Ali Choudhary | On 16 Jun 2016

Engaging with the Criminal Justice System: A Guide for Survivors of Sexual Violence

In order to encourage prosecution of sexual offences, mandatory reporting was introduced by the Protection of Children from Sexual Offences Act, 2012 (“POCSO Act”), and in 2013 the Criminal Law was am...

by | On 15 Jun 2016

Migrant Workers and the Welfare State

There is wide concern that migration flows may undermine the financial viability of generous welfare arrangements. The discussion focuses on welfare arrangements as attractors of migrants, suggesting...

by | On 14 Jun 2016

Budget Speech Jammu and Kashmir: 2016-17

The Finance Minister of Jammu and Kashmir, Mr. Haseeb A. Drabu, presented the Budget for Jammu and Kashmir for financial year 2016-17 on May 30, 2016.

by Hasseeb A. Drabu | On 13 Jun 2016

Defending the Commons, Territories and the Right to Food and Water

Almost a billion people around the world are now suffering from hunger and malnutrition - a dramatic rise in number since the soaring food prices over the last three years. Of these, about half ar...

by Focus on the Global South FGS | On 10 Jun 2016

Role of Finance with a Special Focus on Microfinance in Enhancing Clean Energy Access

A number of initiatives have been taken by the government as well as the private sector to address the challenge of energy access in India. In this context, WWF-India conducted a study to measure/asse...

by | On 09 Jun 2016

Confiscation in Taiwan: The Laws and Ideas for Reform

This Occasional Paper shows the evolution of confiscation law in Taiwan. It reviews the current state of confiscation laws and policies in Taiwan and also proposes suggestions for reform of the conf...

by Helen Liu | On 08 Jun 2016

Campaigns, Digital Media and Mobilization in India

Early research in western contexts finds evidence of online participation leading to political engagement. The paper tests this hypothesis in a non-western campaign context, and discusses India’s comp...

by | On 07 Jun 2016

Nutrition Moves: States Create Promising Change in India

This publication gathers a collection of twenty case studies that illustrate how Indian states are creating promising change to ensure the delivery of essential nutrition information, counselling, sup...

by United Nations Children's Fund UNICEF | On 03 Jun 2016

How Forced Displacements Caused by a Violent Conflict Affect Wages in Colombia

In this paper, we analyze how forced displacements caused by violent conflicts affect the wages of displaced workers in Colombia, a country characterized by a long historical prevalence of violent con...

by | On 02 Jun 2016

Aid and Conflict in Afghanistan

This report examines the international community’s assistance to Afghanistan, with particular focus on U.S. efforts. It assesses the impact of the U.S.-devised counter-insurgency strategy on Afghans’...

by International Crisis Group | On 26 May 2016

Women and Conflict in Afghanistan

This report assesses the status of women in present-day Afghanistan, including the gains achieved with international support after the U.S.-led intervention in 2001. It examines gaps and challenges to...

by International Crisis Group | On 26 May 2016

Afghanistan’s Political Transition

This report reviews Afghanistan’s 2014 presidential election and the related political contests. Drawing on interviews in Kabul and the work of researchers in several provinces, this study does not se...

by International Crisis Group | On 26 May 2016

Political Conflict, Extremism and Criminal Justice in Bangladesh

Political repression is reaching new highs in Bangladesh. The government’s abuse of rule of law institutions for political ends has created an atmosphere of injustice that is increasingly exploited by...

by International Crisis Group | On 26 May 2016

Understanding the Elections in Assam (part 2)

Muslim population, and this population may play a large role in the outcome of Assam’s election. In this piece, CPR researchers Bhanu Joshi, Ashish Ranjan, and Neelanjan Sircar examine the complex con...

by Bhanu Joshi | On 20 May 2016

Performing Poriborton

Congress, stormed to power in West Bengal under the simple slogan poriborton (change). In this piece, Bhanu Joshi, Ashish Ranjan, and Neelanjan explore how Mamata went about demonstrating this change...

by Neelanjan Sircar | On 20 May 2016

Puducherry: Analysis of Asset Comparison of Re-contesting MLAs in Puducherry Assembly Elections, 2016

This report provides an analysis of Asset Comparison of Re-contesting MLAs in Puducherry Assembly Elections, 2016

by Association for Democratic Reforms ADR | On 19 May 2016

Puducherry: Analysis of Criminal Background, Financial, Education, Gender and other details of Candidates

This report provides an analysis of the financial, criminal and other backgrounds of the candidates contesting in the Puducherry Assembly Elections.

by Association for Democratic Reforms ADR | On 19 May 2016

Kerala: Analysis of Asset Comparison of Re-contesting MLAs in Kerala Assembly Elections, 2016

This report provides an analysis of the assets of the re contesting candidates in the Kerala Assembly Elections

by Association for Democratic Reforms ADR | On 19 May 2016

National Intellectual Property Rights (IPR) Policy

Creativity and innovation have been a constant in growth and development of any knowledge economy. There is an abundance of creative and innovative energies flowing in India. India has a TRIPS compl...

by Department of Industrial Policy & Promotion DIPP | On 19 May 2016

Kerala: Analysis of Criminal Background, Financial, Education, Gender and other details of Candidates

This report provides an analysis of the the financial, criminal and other backgrounds of the candidates contesting in the Kerala Assembly Elections.

by Association for Democratic Reforms ADR | On 19 May 2016

Tamil Nadu: Analysis of Asset Comparison of Re-contesting MLAs in Tamil Nadu Assembly Elections

This report analyses the assets of the candidates re contesting in the Tamil Nadu Assembly Elections

by Association for Democratic Reforms ADR | On 19 May 2016

Tamil Nadu: Analysis of Criminal Background, Financial, Education, Gender and other details of Candidates

This report provides an analysis about the financial, criminal and other backgrounds of the candidates contesting in the Tamil Nadu Assembly Elections.

by Association for Democratic Reforms ADR | On 19 May 2016

Politics, While Young

Attempts to reconstruct a young voters' bloc have been crucial to campaigns around the globe. But caste and class fissures run wide and deep among that demographic, and India's youth might converge mo...

by Anish Nair | On 13 May 2016

Where All the Water Has Gone? An Analysis of Unreliable Water Supply in Bangalore City

The demand for urban water supply service is increasing rapidly as globalisation accelerates economic development and brings improvements in living standards in India with the interactive effects of...

by | On 12 May 2016

The Global Risks Report 2016: 11th Edition

Now in its 11th edition, The Global Risks Report 2016 draws attention to ways that global risks could evolve and interact in the next decade. The year 2016 marks a forceful departure from past finding...

by [WEF] World Economic Forum | On 11 May 2016

Advancing the Interests of Bangladesh’s Migrant Workers: Issues of Financial Inclusion and Social Protection

The study is expected to contribute to stimulating debate around the broader issues of safeguarding the interests of migrant workers through financial mainstreaming of their income, raising efficacy o...

by | On 11 May 2016

Time is Running Out: Does Mumbai have Enough Water?

Mumbai has the potential to become one of the world’s ideal cities in terms of sustainable water management. With abundant natural and perennial water sources around it, the megacity is currently one...

by Dhaval D Desai | On 10 May 2016

Bill for Compulsory Voting

An analysis of electoral data in local elections shows that rural local bodies have had higher turnouts than their urban counterparts in almost all states of India. Data from 2009-13 of city corporati...

by Bhanu Joshi | On 09 May 2016

Faltering UDF, Rising LDF and the Unknown Factor of the Third Front in Kerala Elections 2016

The ruling United Democratic Front's chances of coming back to power in the forthcoming elections in Kerala seem bleak, while a resurgent Left Democratic Front is gearing up to form the government. Ho...

by N Rajendran | On 09 May 2016

India Policy Forum 2014 - 2015

The episode of volatility starting on May 22, 2013, when Federal Reserve Chairman Ben Bernanke first spoke of the possibility of the US central bank “tapering” its security purchases, had a sharp nega...

by Shekhar Shah | On 09 May 2016

Issues in India's External Sector

The lecture examines the recent developments in the external sector and address some critical issues such as the appropriate level of current account deficit, exchange rate policy, adequacy of reserve...

by C. Rangarajan | On 06 May 2016

Understanding the Election in Assam (Part 1)

The mainstream narrative on Assam is defined by an excessive focus on linguistic, ethnic, and religious strife, but many of the voters speak of development and economic growth, not social conflict, as...

by | On 05 May 2016

Health Training Programme for Adolescent Girls: Lessons from India's NGO Initiative

The paper examines the impact of the initiative taken by an NGO -SelfEmployed Women’s Association (SEWA)-in Ahmedabad, a city in western India to impart knowledge about sexual and reproductive healt...

by Leela Visaria | On 05 May 2016

West Bengal: Analysis of Asset Comparison of Re-contesting MLAs in West Bengal Assembly Elections, 2016

This report provides analysis of asset comparison of re-contesting MLAs in the West Bengal Assembly Elections

by Association for Democratic Reforms ADR | On 04 May 2016

West Bengal: Analysis of Criminal Background, Financial, Education, Gender and other details of Candidates in Phase 6

This report provides information about the criminal, financial and other background of the candidates contesting in phase 6 of the West Bengal Assembly Elections.

by Association for Democratic Reforms ADR | On 04 May 2016

Margin Requirements for Non-Centrally Cleared Derivatives

Derivatives are an integral risk management tool for business entities and financial institutions. However, derivatives markets can also lead to excessive and opaque risk taking which may result in sy...

by Reserve Bank of India RBI | On 03 May 2016

Financial Stability: Underlining Context

The paper argues that context is important in discussions of financial stability. It explores weaknesses in domestic and international reforms and ways of overcoming them, based on mitigating the fund...

by Ashima Goyal | On 02 May 2016

Analyzing the Impact of Global Financial Crisis on the Interconnectedness of Asian Stock Markets using Network Science

This study shows how 13 important stock markets in Asia namely, India, Bangladesh, Philippines, China, Japan, Indonesia, Malaysia, Singapore, Hong Kong, Pakistan, South Korea and Thailand...

by | On 02 May 2016

Weathering the Storm: Ownership Structure and Performance of Microfinance Institutions in the Wake of the Global Financial Crisis

This study investigates the effects of the 2008 global financial crisis on the performance of different microfinance ownership types. The analysis in this study relies on a novel methodological frame...

by Mahinda Wijesiri | On 02 May 2016

Political Intolerance in Bengal

Political intolerance is a bigger problem than religious intolerance in West Bengal. How will this affect the 2016 Assembly elections in West Bengal?

by | On 29 Apr 2016

Tamil Nadu: Fragmented Politics in Tamil Nadu

2014 elections in Tamil Nadu is a point of no return for the Congress much like the 1967 general elections. But consolidation of the OBCs that led to the DMK’s emergence is now over and the fragmentat...

by | On 29 Apr 2016

A Survey on Impact of Social Media on Election System

Social media is the primary resource for the information retrieval. Using the text mining field; huge amount of unstructured textual data collected by social media can be converted and displayled as u...

by Nilesh Alone | On 28 Apr 2016

Assam: Analysis of Asset Comparison of Re-contesting MLAs

This report provides an analysis of the assets owned by re contesting MLAs in the Assam Assembly Elections.

by Association for Democratic Reforms ADR | On 28 Apr 2016

Assam: Analysis of Criminal Background, Financial, Education, Gender and other details of Candidates in Phase 2

This report provides information about the financial, criminal and other backgrounds of the candidates contesting in phase 2 of Assam Assembly Elections.

by Association for Democratic Reforms ADR | On 28 Apr 2016

Assam: Analysis of Criminal Background, Financial, Education, Gender and Other Details of Candidates

This report provides information about the financial, criminal and other backgrounds about the candidates contesting in phase 1 of the Assam Assembly Elections.

by Association for Democratic Reforms ADR | On 28 Apr 2016

West Bengal: Analysis of Criminal Background, Financial, Education, Gender and other details of Candidates in Phase 5

This report provides information about the financial, criminal and other backgrounds of the candidates contesting in the phase 5 of the West Bengal Elections.

by Association for Democratic Reforms ADR | On 28 Apr 2016

West Bengal: Analysis of Criminal Background, Financial, Education, Gender and other details of Candidates in Phase 4

This report provides information about the financial, criminal and other backgrounds of the candidates contesting in the phase 4 of the West Bengal Elections.

by Association for Democratic Reforms ADR | On 28 Apr 2016

West Bengal: Analysis of Criminal Background, Financial, Education, Gender and other details of Candidates in Phase 3

This report provides information about the financial, criminal and other backgrounds of the candidates contesting in the phase 3 of the West Bengal Elections.

by Association for Democratic Reforms ADR | On 28 Apr 2016

Tamil Nadu: What Voters Want and How They Rate Government Performance

This report consists the findings of a survey carried out in February 2016 in Tamil Nadu. The purpose of the survey was to find out what voters really want from the Government and how they rate the pe...

by Association for Democratic Reforms ADR | On 28 Apr 2016

West Bengal: Analysis of Criminal Background, Financial, Education, Gender and other details of Candidates in Phase 2

This report contains information regarding the financial, criminal and other background of the candidates contesting in the Phase 2 of the West Bengal Elections.

by Association for Democratic Reforms ADR | On 28 Apr 2016

West Bengal: Analysis of Criminal Background, Financial, Education, Gender and other details of Candidates in Phase 1B

This report provides information regarding the financial, criminal and other backgrounds of the candidates contesting in the phase 1B of the West Bengal Elections.

by Association for Democratic Reforms ADR | On 28 Apr 2016

West Bengal: Analysis of Criminal Background, Financial, Education, Gender and other details of Candidates

This report provides information about the financial, criminal and other backgrounds of the candidates contesting in the phase 1A of the West Bengal Elections.

by | On 27 Apr 2016

Land, Labour and Caste Politics in Rural Tamil Nadu in the 20th Century: Iruvelpattu (1916-2008)

The “Slater” villages of Tamil Nadu that were first surveyed by the University of Madras economist, Gilbert Slater, and his students in 1916, were resurveyed in the 1930s, 1960s and the 1980s. This pa...

by John Harriss | On 27 Apr 2016

Study on Copyright Piracy in India

Worldwide it is recognized that copyright piracy is a serious crime which not only adversely affects the creative potential of the society by denying the creators their legitimate dues, it also causes...

by Ministry of Human Resource Development, GOI | On 12 Apr 2016

New Expression Meets Old Repression: Ending the Cycle of Political Arrests and Imprisonment in Myanmar

Despite five decades of agonizing slog, from an authoritarian military rule towards a more open political system, activists continue to face arrest, prosecution and imprisonment for their peaceful act...

by Amnesty International AI, | On 11 Apr 2016

The Redistributive Effects of Political Reservation for Minorities: Evidence from India

We examine the impact of political reservation for disadvantaged minority groups on poverty. To address the concern that political reservation is endogenous in the relationship between poverty and res...

by Nishith Prakash | On 11 Apr 2016

Inclusive Migration in India: A Study on Domestic Migration and Issues in Electoral Participation

The study compiled information from academic papers, government and non-government reports on the subject of domestic migration, with a specific emphasis on their political inclusion. In order to cond...

by | On 05 Apr 2016

Budget 2016-17 & The Indian Economy

A brief summary by Niti Aayog about the pre and post 2016-17 Indian Budget Analysis.

by Arvind Panagariya | On 28 Mar 2016

Elections in Four Indian States: A Test for the BJP and Modi

Elections will be held in four States and one Union Territory in April and May 2016. The polls will be a crucial test for the governing Bharatiya Janata Party at the Centre and a gauge of the populari...

by Ronojoy Sen | On 22 Mar 2016

Living the ‘Absence’ The Rajbanshis of North Bengal

While often it describe the modern era - framed by the Post-Enlightenment narrative - as one marked by an unprecedented concern for identity and identification, it often lose sight of the parallel pro...

by Samir Kumar Das | On 21 Mar 2016

Environmental Policy in a Federation with Special Interest Politics and Inter-governmental Grants

The paper explores the potential effect of intergovernmental grants (IGG) on sub-national (local) environmental policy in a federal structure. In the model, a politically-inclined local government rec...

by Divya Datt | On 15 Mar 2016

Corporate Governance, Competition and Firm Performance: Evidence from India

The aim of this paper is to show the interaction effect of product market competition and corporate governance variables on firm performance. While the linkage between internal governance mechanism an...

by Manoj Pant | On 15 Mar 2016

Capital Flows and the Impossible Trinity: The Indian Experience

This paper devises quantitative techniques to analyze the management of foreign capital flows in India over the past three decades. The paper argues that India's overall approach towards liberaliza...

by Abhijit Sen Gupta | On 15 Mar 2016

Financial Soundness Indicators for Financial Sector Stability in Vietnam

This report is the outcome of the regional technical assistance on Strengthening Institutional Capacity to Compile and Analyze Financial Soundness Indicators for Investment Climate Assessment (RETA 77...

by Asian Development Bank Institute | On 15 Mar 2016

Financial Soundness Indicators for Financial Sector Stability - A Tale of Three Asian Countries

The 1997 Asian financial crisis and the 2008 global financial and economic crisis further demonstrated the importance of financial stability. Both crises showed how balance sheets of financial institu...

by Asian Development Bank Institute | On 15 Mar 2016

Implementation of the ASEAN +3 Multi - Currency Bond Issuance Framework

ABMI aims to develop efficient and liquid bond markets in Asia, which would enable better utilization of Asian savings for Asian investments. ABMI can also contribute to the mitigation of currency and...

by Asian Development Bank Institute | On 15 Mar 2016

Financial Soundness Indicators for Financial Sector Stability in Bangladesh

This report describes the development of financial soundness indicators for Bangladesh and analyzes how these can help identify key challenges to support financial sector stability in the country.

by Asian Development Bank Institute | On 15 Mar 2016

Winners and Losers in the Arab Awakening

On January 25, 2012, one year has passed since the protests began on Cairo’s Tahrir Square. Events in the Middle East and North Africa over the past year have altered many previously held beliefs abou...

by | On 14 Mar 2016

Approaching & Counteracting Contemporary Organized Crime

Transnational organized crime is one of the greatest global threats to the security and development of open and democratic societies. It is imperative for states to develop counterstrategies against i...

by | On 14 Mar 2016

Japan: Tax Matters

On Monday September 10 the leader of the party likely to win Japan’s next general election, LDP’s SadakazuTanigaki, threw in the towel in a surprise move. He had repeatedly expressed his intention to...

by | On 14 Mar 2016

The Poverty Paradox – And How to Address It

Poverty alleviation is the cornerstone and mission of the development community. Yet perhaps the community’s focus on low-income countries (LICs) has skewed a healthy and accurate evaluation of the ef...

by | On 14 Mar 2016

Porous Borders The Study of Illegal Markets from a Sociological Perspective

State concerns about crime and security issues have strongly affected conceptions of economic action outside the law, a traditional field of research in sociology. This increasing encroachment by poli...

by Matías Dewey | On 14 Mar 2016

Global Spillovers and Monetary Policy Transmission in India

Do global spillovers clog transmission channels of monetary policy through domestic financial markets? Drawing on stylised facts and using a dynamic factor model to develop an indicator of global spil...

by Michael Debabrata Patra | On 14 Mar 2016

Politics of ‘Good Governance’ in Sri Lanka’s Parliamentary Polls

Sri Lanka’s latest parliamentary election, slated for 17 August 2015, is important not only for the political-comeback bid by former President Mahinda Rajapakse but also for the focus on issues of ‘go...

by Ayesha Wijayalath | On 14 Mar 2016

Chief Minister Sayeed’s Death could upset Jammu and Kashmir’s Stability

The death of Jammu and Kashmir Chief Minister Mufti Mohammad Sayeed has thrown into doubt the stability of the government in this strategically located Indian State. Sayeed’s death has brought into sh...

by Ronojoy Sen | On 14 Mar 2016

Basel I and Basel II Compliance: Issues for Banks in India

Random effects panel data analysis is applied to identify financial parameters that influence banks in India in complying with Basel I. The private sector and foreign banks are affected by credit risk...

by Sreejata Banerjee | On 13 Mar 2016

India's Shale Gas Boom: Dream or Reality?

As India prepares for the release of its long anticipated shale gas policy, pressure continues to mount on New Delhi. An increase in coal imports over the past 12 months has demonstrated the stress on...

by | On 12 Mar 2016

Health Shocks and Coping Strategies: State Health Insurance Scheme of Andhra Pradesh, India

The objectives of the study are three-fold: to investigate who are vulnerable to welfare loss from health shocks, what are the household responses to cope with the economic burden of health shocks and...

by Sowmya Dhanaraj | On 11 Mar 2016

Mergers and Acquisitions in the Indian Pharmaceutical Sector

Mergers and acquisitions (M and A) are common strategies of firms to increase its performance. Although, the motives of M and A are different however, the determinants are discreet. This study tries t...

by Nikita Agarwal | On 11 Mar 2016

An Analysis of Bangladesh Today: A Prognosis of its Polity

The paper, written in the context of the recent deportation of 27 Bangladeshi workers from Singapore, argues that what is required is a united front, a closing of ranks of the disparate political and...

by Iftekhar Ahmed Chowdhury | On 11 Mar 2016

Is Financial Inclusion Cause or Outcome? A State-Wise Assessment in India

Financial inclusion is considered as cause as well as outcome of inclusive growth. This study tries to construct a comprehensive measure of financial inclusion and evaluate the extent of financial inc...

by Shrabani Mukherjee | On 10 Mar 2016

Regulating International Finance and the Evolving Imbalance of Capitalisms since the 1970s

In this paper, the ongoing G20 process of improving the regulation of international finance is put into a historically informed perspective. To understand the driving forces behind and obstacles to in...

by | On 09 Mar 2016

Transboundary Pollution as an Issue in Northeast Asian Regional Politics

The paper investigates the political aspects of the coorperation between China, South Korea and Japan to address transboundary pollution in Northeast Asia. Investigating the motivations, modalities an...

by Reinhard Drifte | On 09 Mar 2016

Producing a Rationale for Dowry? Gender in the Negotiation of Exchange at Marriage in Kerala, South India

The allocation of scarce budgetary resources away from ‘alternative’ channels of social security underscores interlocking concerns: a) the financial drain that marriages of girls pose to families and...

by Praveena Kodoth | On 09 Mar 2016

How Protected are our Children in Assam?

Situation of children in Assam in 2016.

by Melvil Pereira | On 09 Mar 2016

Who Cares about Financialization? Explaining the Decline in Political Salience of Active Markets for Corporate Control

Why is unprecedented financialization failing to provoke a strong political backlash? The role of financial markets, motives, actors, and institutions has expanded continuously in recent decades, but...

by | On 08 Mar 2016

Porous Borders: The Study of Illegal Markets from a Sociological Perspective

State concerns about crime and security issues have strongly affected conceptions of economic action outside the law, a traditional field of research in sociology. This increasing encroachment by poli...

by | On 08 Mar 2016

Questioning Three Fundamental Assumptions in Financial Inclusion

Financial inclusion has rapidly ascended global development policy agendas. Between 2 billion and 2.5 billion adults worldwide do not use formal financial services, which a multifaceted coalition of a...

by Philip Mader | On 08 Mar 2016

Mitigating the Financial Crisis in Asia

While there had been agreements that the current global financial crisis which originated from the United States (US) would not be akin to the Asian Financial Crisis back in 1997- 1998, the resultant...

by S. Rajaratnam International Studies | On 06 Mar 2016

Labour migrants: diminished demand, diminished rights?

The economic crisis has had heavy exposure in international news, but its range of victims has extended beyond the subprime debtors and financial analysts of the developed world. Ignored by most devel...

by S. Rajaratnam International Studies | On 06 Mar 2016

The Nuclear Gravy Train: An Update on Southeast Asia

Notwithstanding the global financial crisis, energy security remains one of the top priorities for the Association of Southeast Asian Nations (ASEAN). The need to reduce reliance on fossil fuels in th...

by S. Rajaratnam International Studies | On 05 Mar 2016

Fighting Corruption: A Test Case for Indonesia ... and Southeast Asia

Recent anti-corruption efforts by Indonesia have once again brought attention to the longstanding issue of corruption. Indonesia established the Corruption Eradication Commission or the KomisiPemberan...

by S. Rajaratnam International Studies | On 05 Mar 2016

Transnational Organised Crime In Southeast Asia: Threat Assessment

Transnational organised crime is considered one of the major threats to human security, impeding the social, economic, political and cultural development of societies. Much attention has been given...

by S. Rajaratnam International Studies | On 04 Mar 2016

Responding to Transnational Organised Crime: Case Study of Human Trafficking and Drug Trafficking

Human trafficking and illicit drug trafficking are arguably the most intractable of all transnational crimes. They are an issue of both domestic and foreign policy concern and a subject of longstandin...

by S. Rajaratnam International Studies | On 04 Mar 2016

Landmark Verdict by The Extraordinary Chambers in the Courts of Cambodia

On 26 July 2010, the Extraordinary Chambers in the Courts of Cambodia (ECCC) delivered its first verdict against a former official of the Khmer Rouge regime, KaingGuekEav (also known as ‘Duch’). The E...

by S. Rajaratnam International Studies | On 04 Mar 2016

India Budget 2016: Old Economics, New Politics

India’s latest Budget focuses on the rural sector and the economically vulnerable sections and makes large allocations for agriculture and social sector programmes without compromising on fiscal disci...

by Amitendu Palit | On 04 Mar 2016

Transparency International Releases Its Corruption Perceptions Index 2010

The 2010 Corruption Perceptions Index reveals that nearly three quarters of the 178 countries in the index have a score of below five, on a scale of 10 (highly clean) to 0 (highly corrupt). Denmark, N...

by S. Rajaratnam International Studies | On 03 Mar 2016

Asia¬Pacific Countries Agree on Framework to Address Irregular Migration

The Fourth Bali Regional Ministerial Conference on People Smuggling, Trafficking in Persons and Related Transnational Crimes – otherwise known as the Bali Process – was held in Nusa Dua, Bali, on 29-3...

by S. Rajaratnam International Studies | On 03 Mar 2016

The Implications of the US Anti-human Trafficking Strategy for National Policies: The Case of Malaysia

This NTS Alert discusses the protection gaps in national anti-human trafficking policies perpetuated by the dominant influence of the US Trafficking in Persons (TIP) Reports. Using Malaysia as a case...

by Manpavan Kaur | On 02 Mar 2016

Corruption, a Threat to Human Development

Bribery by companies when doing business abroad is a significant form of corruption, and is particularly serious when vital sectors of a nation’s economy and public services are involved. In a recent...

by S. Rajaratnam International Studies | On 02 Mar 2016

Report on "Strategy of Coalition for Food and Nutrition Security"

The Coalition serves as a platform for the members to collaborate and achieve a common vision: "To achieve sustainable food and nutrition security for all" The Coalition aims to raise awareness, foste...

by Coalition for Food & Nutrition Security India | On 02 Mar 2016

Trafficking In Persons: Singapore’s Evolving Responses

For a long time, sending countries have been the focus of efforts to combat trafficking in persons (TIP). However, in recent years, destination countries such as Singapore have also stepped up their e...

by Pau Hangzo | On 01 Mar 2016

Comparative Analysis of Indonesian and Korean Governance

This paper overviews governance issues in Indonesia and Korea from a comparative perspective. To do so, the WGI (World Governance Index) developed by the World Bank is employed for a more objective an...

by Prof. Yunwon Hwang | On 01 Mar 2016

India and an Indian village: 50 years of economic development in Palanpur

The analysis of the paper begins in the next section by setting out broad economic changes in India as key context for change in Palanpur, with a particular focus on the three drivers set out above; s...

by Himanshu Prof | On 29 Feb 2016

Access to Finance: A Functional Approach to Supply and Demand

This paper provides a comprehensive description of the financial environment for households and small businesses in a defined geographical region. It develops a new, functional approach to financial a...

by Greg Fischer | On 29 Feb 2016

Challenges and Developments in the Financial Systems of the Southeast Asian Economies

This paper discusses the economies and financial systems of Southeast Asia (SEA) and focuses on challenges and developments in the region. Despite the diversity of SEA economies and some important exc...

by Toshiyuki Shimada | On 29 Feb 2016

Can the New Intergovernmental Structure Work in Pakistan in the Presence of Governance Challenges? Learning from China

The reform of the tax administration has been recognized as a priority since the early 1980s and the report of the Tax Reforms Commission headed by Qamar-ul Islam, which had called the then Central Bo...

by Ehtisham Ahmad | On 29 Feb 2016

Climate Change and The Agriculture Crisis as a Solution Agroecology

India's policy on agriculture in the context of climate change, is foregrounded by the need to produce enough grain to meet the food requirements of the country. To promote sustainable agriculture, po...

by | On 29 Feb 2016

Analysis of Catastrophic Health Financing by Key Institutions

Financial protection of patients is considered a key component of health systems, and has been a consistent policy goal of the DOH. Of paramount importance in this regard are catastrophic health expen...

by | On 29 Feb 2016

Justice for War Crimes: Retribution, or Reconciliation?

In February, when the International Crimes Tribunal of Bangladesh sentenced two men for crimes committed during the independence war of 1971, deadly protests followed. The violence calls into questi...

by Lina Gong | On 27 Feb 2016

Basel Banking Norms – A Primer

This paper aims to first build a deeper understanding of the emergence of Basel banking norms (Basel I), and the transition to each of the subsequent regulations (Basel II and Basel III). The primary...

by Akshay Uday Shenoy | On 27 Feb 2016

Financing of Urban Local Bodies in India

The rising level of urbanisation in India draws attention to inadequate infrastructure levels in urban areas. While many factors play a role in infrastructure development, this paper examines the fina...

by Charan Singh | On 27 Feb 2016

Money, Output and Prices in India

The dynamics of the monetary system is undergoing significant changes in India. The entire concept and flow of money; narrow, broad or base, is being influenced by measures related to financial inclus...

by Charan Singh | On 27 Feb 2016

Understanding the Response of Indian Banks to Macroeconomic Shocks: A Strategy Perspective

The vulnerability of banks to macroeconomic and financial shocks is an area of growing interest to policymakers, especially in emerging markets. Strong adverse aggregate shocks contribute heavily to l...

by Rohit Gupta | On 27 Feb 2016

Non Traditional Security Issues: Securitisation of Transnational Crime in Asia

Transnational crime involving all forms of domestic crime that traverse the international boundary with another one or more states have become a concern amongst all peoples of the Asia Pacific region....

by | On 26 Feb 2016

Food Security and the Threat from Within: Rice Policy Reforms in the Philippines

The forces of globalization, in tandem with realities of domestic natural resources, economics and politics, and the influence of international institutions such as the World Trade Organization (WTO),...

by | On 26 Feb 2016

Whither Civil Society in Thailand?

Civil activism is looming over the Samak government. Although the Royal Thai army has remained in the barracks since the 2007 elections, they may become restive again. What is the position of civil so...

by | On 26 Feb 2016

Farmers’ Suicides in India, 1995-2012: Measurement and interpretation

Farmers’ suicides have become an important socio-economic concern in India that has profound implication on the quality of life of farmers and their families. There are not many epidemiological studie...

by Srijit Mishra | On 26 Feb 2016

Options for Supporting Rice Farmers under a Post-QR Regime: Review and Assessment

Under the World Trade Organization, the Philippines has maintained special treatment for rice, which expires on July 2017. Tariffication will involve greater competition from imports and the decline o...

by Roehlano M. Briones | On 25 Feb 2016

Comparative Assessment of Proposals to Amend the Personal Income Tax Law

Proposals to reform the personal income tax has gained prominence in recent months. To date, personal income tax reform is part and parcel of the platform of a number of the candidates in the 2016 pre...

by Rosario G. Manasan | On 25 Feb 2016

Indian Railway Budget Speech 2016-17

Speech of Shri Suresh Prabhakar Prabhu introducing the Railway Budget for 2016-17.

by Suresh Prabhakar Prabhu | On 25 Feb 2016

Copenhagen: A Missed Opportunity

The failure of the Copenhagen Climate Summit has come as no surprise, and unless major developing countries take a more principled stand for development, future summits can only serve as a stage for m...

by | On 24 Feb 2016

Scaling Up Carbon Finance in India

India’s performance in the early carbon market are analysed, and proposes a series of actions to be undertaken by both the Government of India, and the private sector, if India is to take full advanta...

by World Bank | On 24 Feb 2016

Urban Nomads: The Masan Jogis Based on the Field Work Experiences in Mumbai

This paper is based on field work experiences with Masan Jogi community living in Mumbai city, which is a De-Notified Tribe. There is lack of awareness and knowledge about these communities.

by . Anjana | On 24 Feb 2016

Financial Sector Reform: Longer-Run Policy Responses to the Asian Crisis

The Asian financial crisis of 1997 involved significant economic and social costs for the affected economies, but also highlighted fundamental weaknesses in the structure and operations of their finan...

by Kevin Davis | On 24 Feb 2016

Financial Institutions and Structures for Growth in East Asia

The paper examines the changing size, shape and range of financial markets in the region indicates the extent to which regional markets have become more efficient and have improved in quality since th...

by Jenny Corbett | On 23 Feb 2016

Policy Reforms and Institutional Weaknesses: Closing the Gap

The World Bank (2005) reported that from 1985 to 2003, per capita gross domestic product increased only by about 0.7% per year, well below the 3.7% average of neighboring countries (Indonesia, Malaysi...

by Eduardo Gonzalez | On 23 Feb 2016

From Crisis to Recovery in Asia: Strategies, Achievements, and Lessons

This paper reviews and highlights lessons from the stabilisation and reform programme that Thailand, Malaysia and Korea implemented in response to the 1997 crisis. The three countries’ rapid recovery...

by Kanit Sangsubhan | On 23 Feb 2016

Civil Society from the BRICS: Emerging Roles in the New International Development Landscape

There is a burgeoning literature on the (re)emergence of the BRICS countries – Brazil, Russia, India, China and South Africa – as significant actors in international development. To date, however, mos...

by Adele Poskitt | On 23 Feb 2016

International Monetary Reform: A Critical Appraisal of Some Proposals

This paper reviews some of the current debates on the reform of the international monetary system. Despite its deficiencies, the United States (US) dollar will remain the dominant currency and Special...

by Yung Chul Park | On 22 Feb 2016

Central Banking for Financial Stability in Asia

A key lesson of the 2007–2009 global financial crisis (GFC) was the importance of containing systemic financial risk and the need for a “macroprudential” approach to surveillance and regulation that c...

by Masahiro Kawai | On 22 Feb 2016

Asymmetry In Government Bond Returns

Is there asymmetry in the distribution of government bond returns in developed countries? Can asymmetries be predicted using financial and macroeconomic variables? To answer the first question, we pro...

by Ippei Fuijwara | On 21 Feb 2016

Deepening Association of Southeast Asian Nations’ Financial Markets

This paper discusses the financial landscape of the Association of Southeast Asian Nations (ASEAN), a region engaged in building an economic community (a “single market and production base”) by 2015....

by Choong Lee | On 21 Feb 2016

Are Returns To Private Infrastructure In Developing Countries Consistent With Risks Since The Asian Crisis?

This paper presents a basic assessment of the financial performance of infrastructure service operators in developing countries. It relies on a new database of 120 companies put together to track the...

by Maria Pinglo | On 21 Feb 2016

The Economic Effects of a Borrower Bailout Evidence from an Emerging Market

This paper studies the credit market implications and real effects of one the largest borrower bailout programs in history, enacted by the government of India against the backdrop of the 2008–2009 fin...

by Xavier Giné | On 21 Feb 2016

Impact of Changes in the Global Financial Regulatory Landscape on Asian Emerging Markets

This paper discusses the relevance of Basel III to Asian emerging markets. It reviews some of the proposed regulations of Basel III in order to evaluate their likely implications for, and their abilit...

by Tarisa Watanagase | On 21 Feb 2016

The People’s Republic of China and Global Imbalances from a View of Sectorial Reforms

This paper examines the impact of sectorial reforms on current account imbalances, with a special focus on the People’s Republic of China (PRC). In particular, we investigate to what extent reforms pe...

by Hiro Ito | On 21 Feb 2016

Financial Safety Nets in Asia: Genesis, Evolution, Adequacy, and Way Forward

Financial safety nets in Asia have come a long way since the Asian Financial Crisis (AFC) of 1997–98. Not wanting to rely solely on the International Monetary Fund (IMF) again, the Chiang Mai Initiati...

by Hal Hill | On 21 Feb 2016

Creating an Association of Southeast Asian Nations Payment System: Policy and Regulatory Issues

The Association of Southeast Asian Nations (ASEAN) is expected to benefit from the significant growth in the Asia-Pacific payments market. Growth in economic activity would increase the size, scale, a...

by Tanai Khiaonarong | On 21 Feb 2016

Natural Gas Situation and LNG Supply/Demand Trends in Asia-Pacific and Atlantic Markets

This paper is an excerpt from a FY 2008 survey for the promotion of oil and natural development and utilization as commissioned by the Ministry of Economy, Trade and Industry. Since 2008, the global L...

by Yoshikazu Kobayashi | On 21 Feb 2016

A Lesson In Market Contestability: Calculating The Cost Of Chinese State Intervention In Iron Ore Price Negotiations

This article analyses the motivation and impact of the 2009 intervention of the China Iron and Steel Association (CISA) in benchmark price negotiations. The impact of the transition from benchmark pri...

by Luke Hurst | On 21 Feb 2016

Roadmap for the Responsibility to Protect (RtoP) in Asia: Personalities, Institutions and Processes

It is over six years since the 2005 UN World Summit endorsed the Responsibility to Protect (RtoP), thus recognising an individual state’s responsibility to protect its citizens from four mass atrociti...

by | On 20 Feb 2016

A Position Paper on World Rice Futures

There is a widespread belief that rice futures are not necessary for the Asian rice markets because these markets are not “broken.” In any case, it is not clear to many why a rice farmer would benefit...

by | On 20 Feb 2016

Disasters in Southeast Asia’s Megacities: Protecting the Informal Sector

In the megacities of developing Southeast Asia, the important role of the informal sector in supporting economic development is often under-recognised. Cities seeking to address the economic risks and...

by | On 19 Feb 2016

How Much Do We Know about the Impact of the Economic Downturn on the Employment of Migrants?

The employment shock of late 2008 in the People’s Republic of China (PRC) may have been a product of three different events: (i) the contractionary macroeconomic policies introduced by the government...

by Xin Meng | On 19 Feb 2016

Discourse on Kashmir: From Territoriality to ‘Enlightened Sovereignty’

The author calls for renewed focus on the idea of ‘soft borders’ between India and Pakistan, with particular reference to Jammu and Kashmir, in the light of a theory of ‘enlightened sovereignty’ that...

by | On 19 Feb 2016

The Asian Infrastructure Investment Bank: Multilateralism On The Silk Road

China’s first attempt to establish a multilateral financial institution was met with some suspicion and caution in the west. According to one interpretation, China is frustrated with the United States...

by Mike Callaghan | On 19 Feb 2016

Towards an East Asian Financial Community: An Institutionalist Perspective

This paper seeks to understand the changing financial landscape in East Asia that resulted from ongoing regional financial cooperation among ASEAN+3 countries. It examines the development of the Chian...

by | On 17 Feb 2016

Trade Liberalisation, Financial Development and Economic Growth

This paper empirically investigates the impact of trade and financial liberalisation on economic growth in Pakistan using annual observations over the period 1961-2005. The analysis is based on the bo...

by Muhammad Arshad Khan | On 16 Feb 2016

Indonesia’s Foreign Domestic Workers: Dilemma of Not Working Overseas

While the United Nations takes stock of how far women have come in getting women’s rights acknowledged as human rights, Indonesia wants to stop sending women out of the country as foreign domestic wor...

by | On 16 Feb 2016

Effectiveness of Regulatory Structure in the Power Sector of Pakistan

This paper is an attempt to study the regulatory environment in the electricity sector of Pakistan. NEPRA, a regulatory authority was formed in 1997 to protect consumer interests in the area of electr...

by Afia Malik | On 16 Feb 2016

Delivering Access to Safe Drinking Water and Adequate Sanitation in Pakistan

Water and Sanitation is the neglected sector in Pakistan. Most of the households in Pakistan do not have access to safe drinking water and lack toilets and adequate sanitation systems. These poor peop...

by Faheem Jehangir Khan | On 16 Feb 2016

Financial Globalization in Emerging Countries: Diversification vs. Offshoring

Financial globalization has gathered attention since the early 1990s because of its macrofinancial and crisis implications and its perceived large expansion. But financial globalization has taken diff...

by Francisco Ceballos | On 16 Feb 2016

Global Implications of the Renminbi’s Ascendance

This paper evaluates the prospects for the renminbi’s role as an international currency and the implications for global financial markets. Although the People’s Republic of China (PRC) does not have e...

by Eswar Prasad | On 16 Feb 2016

Use of National Currencies for Trade Settlement in East Asia: A Proposal

This paper develops a multilateral currency system where national currencies are used for trade settlement in East Asia, comprising the Association of Southeast Asian Nations (ASEAN) member countries,...

by ll Houng Lee | On 16 Feb 2016

Financial Stability and Financial Inclusion

Developing economies are seeking to promote financial inclusion, i.e., greater access to financial services for low-income households and firms, as part of their overall strategies for economic and fi...

by Peter J. Morgan | On 16 Feb 2016

Hometown Investment Trust Funds: An Analysis of Credit Risk

In Asia, small and medium-sized enterprises (SMEs) account for a major share of employment and dominate the economy. Asian economies are often characterized as having bank-dominated financial systems...

by Naoyuki Yoshino | On 16 Feb 2016

Myanmar: The Key Link between South Asia and Southeast Asia

This paper examines the road and railway links in Myanmar connecting northeast India on the one side with the rest of Southeast Asia on the other. It also discusses the importance of new deep-sea port...

by Hector Florento | On 16 Feb 2016

Thailand’s Economic Integration with Neighboring Countries and Possible Connectivity with South Asia

Thailand’s increasing importance as a regional co-production base and as an intra-regional trade and border trade hub is due mainly to recent changes in its economic structure, namely, the lack of ope...

by Suthiphand Chirathivat | On 16 Feb 2016

Financial Inclusion, Financial Education, and Financial Regulation: A Story from Indonesia

Many reforms have taken place in Indonesia following the Asian financial crisis of 1997– 1998. The government has embarked upon institutional transformation, making the country one of the region’s mos...

by Georg Inderst | On 16 Feb 2016

Well-being and Public Attitudes in Afghanistan: Some Insights from the Economics of Happiness

Afghanistan is a context where individuals have to cope with the most adverse of circumstances. In this paper, we use the tools provided by a new approach in economics, which relies on surveys of happ...

by Soumya Chattopadhyay | On 16 Feb 2016

Link between the financial inclusion and Economic Growth: Unconventional Monetary Policy in Bangladesh

Like other developing countries, Bangladesh initiated financial sector reform program during 1990’s. The main objectives of the financial sector reform programs were: i) Gradual B 3 | P a g e eliminat...

by Sayera Younus | On 15 Feb 2016

Interest Rate Spread in Bangladesh: An Analytical Review

Lower spread is a vital indicator of the efficiency and competition in the financial system and conducive to higher economic growth of a country via investment spending. In Bangladesh, the spread in t...

by Shamim Ahmed | On 15 Feb 2016

The Role of an Explicit Subordinate Debt Policy in the Smooth Transition to Basel II

The major concern for the banking sector of Bangladesh is that implementation of Basel II will cause banks to raise capital appreciably and thus undermine their existing capital position. In such a si...

by Md. Kabir Ahmed | On 15 Feb 2016

Accountability and Transparency in Political Finance

When money corrupts campaigns and candidates, political finance can undermine the same democratic values and good governance that it also supports. To prevent and address the problem, transparency and...

by Transparency International TI | On 14 Feb 2016

Bribe Payers Index 2008

Corruption and bribery are complex transactions that involve both someone who offers a benefit, often a bribe, and someone who accepts, as well as a variety of specialists or intermediaries to facilit...

by Transparency International TI | On 14 Feb 2016

Linking the Corruption, Water and Environmental Agendas to Combat Climate Change

Corruption in the water sector compromises the environmental agenda. It contributes to water scarcity, large- scale pollution and the destruction of natural habitats — all factors which make our respo...

by Transparency International TI | On 14 Feb 2016

Promoting Fairness in Judicial Appointments

Where political power plays a significant role in the appointment, promotion and conditions of service of judges there is a risk that judicial candidates, as well as sitting judges, will feel compelle...

by Transparency International TI | On 14 Feb 2016

Corruption and (In)Security

For security policies to be effective states must recognise and respond to how corruption ignites and magnifies these dangers. In some countries and regions corruption is the facilitator of insecurity...

by Transparency International TI | On 14 Feb 2016

Poverty and Corruption

The year 2007 marked a milestone in the fight against poverty and corruption. It represented the midway point on the road to meeting the Millennium Development Goals (MDGs), the ambitious global pledg...

by Transparency International TI | On 14 Feb 2016

2008 Report on Revenue Transparency of Oil and Gas Companies

A majority of leading oil and gas companies are far from transparent when it comes to the payments they make to resource-rich countries, leaving the door open to corruption and hampering efforts to fi...

by Transparency International TI | On 14 Feb 2016

War and Drugs in Afghanistan

The cultivation of opium poppy in Afghanistan is nothing new. Although the drug economy diversified and became more vertically integrated after the fall of the Taliban, it had already emerged and deep...

by Vanda Felbab-Brown | On 14 Feb 2016

Maximizing Chances for Success in Afghanistan and Pakistan

The following is a Campaign 2012 policy brief by Bruce Riedel and Michael O’Hanlon proposing ideas for the next president on America’s foreign policy toward Afghanistan and Pakistan. Vanda Felbab-Brow...

by Bruce Riedel | On 14 Feb 2016

The Afghanistan–Pakistan Challenge: Meeting Humanitarian Needs

For Campaign 2012, Bruce Riedel and Michael O’Hanlon wrote a policy brief proposing ideas for the next president on America’s foreign policy toward Afghanistan and Pakistan. The following paper is a r...

by Elizabeth Ferris | On 14 Feb 2016

Mitigating the Costs of Corruption in Water for the Poor

The water crisis, exacerbated by corruption, is exacting a high human toll on the lives of the poor and vulnerable. Corruption makes water undrinkable, inaccessible and unaffordable. In developing cou...

by Transparency International TI | On 14 Feb 2016

Standards on Political Funding and Favours

When corruption distorts political party and campaign financing, candidate competition is warped, elections are undermined and the quality of government is compromised. This paper sets forth standards...

by Transparency International TI | On 14 Feb 2016

National Integrity System Study Palestine 2009

The National Integrity System encompasses the key institutions, sectors or specific activities (the ‘pillars’) that contribute to integrity, transparency and accountability in a society. When it funct...

by Transparency International TI | On 14 Feb 2016

Corruption in the MENA Region

The characteristics of the area of the Middle East and North Africa known as the MENA region tend to fuel corruption and result in low levels of transparency. Yet anti-corruption strategies have prima...

by Transparency International TI | On 14 Feb 2016

Crime-War Battlefields

In her new article, “Crime-War Battlefields,” published in the June-July issue of Survival, Vanda Felbab-Brown discusses the evolution of war since the end of the Cold War and the eventual rise of pol...

by Vanda Felbab-Brown | On 14 Feb 2016

Afghanistan’s Deep Challenges and Transition Opportunities

The continued withdrawal of ISAF forces and the handover of responsibilities to Afghan National Security Forces (ANSF) along with a strong Taliban military push dominated the security realm. The ANSF...

by Vanda Felbab-Brown | On 14 Feb 2016

Growth Diagnostics in Pakistan

Following the Hausmann, et al. (2005) methodology, an attempt is done to identify the constraints to growth in Pakistan. It is argued that governance failure and institutional shortcomings are the h...

by Abdul Qayyum | On 14 Feb 2016

Corruption and Sport: Building Integrity and Preventing Abuses

Whenever there is money, competition or power involved, corruption is a constant threat. The sporting industry is not immune from this reality. From match-fixing to stadium construction kickbacks, the...

by Transparency International TI | On 13 Feb 2016

Strengthening Corporate Governance to Combat Corruption

The collapse of global financial markets in September 2008 has ignited a debate on what caused their quick undoing. As captured in the comments of the OECD Secretary-General, there is a growing sentim...

by Transparency International TI | On 13 Feb 2016

Public Policies For Facilitating Medical Tourism Industry In Asia

The paper attempts to analyze the role of public policy adjustments in facilitating the medical tourism sector in Asian countries in response to recent global economic events. While falling incomes ma...

by Vinay Singh | On 13 Feb 2016

Youth and Corruption

Integrity, like corruption, is learned. Unfortunately, in many countries corruption has been tolerated for generations. Young people have the potential to transform this present reality and end corrup...

by Transparency International TI | On 12 Feb 2016

Making Anti-Corruption Regulation Effective for the Private Sector

A comprehensive regulatory framework for the private sector is a prerequisite for a transparent, honest and just society: where regulation is weak, corruption risks grow strong. As the primary rule ma...

by Transparency International TI | On 12 Feb 2016

Corruption and the Private Sector

Supporting and encouraging business to do its part in tackling corruption has been a global priority for Transparency International (TI) since its inception. Our approach is firmly anchored in the bel...

by Transparency International TI | On 12 Feb 2016

Global Corruption Barometer 2009

Transparency International’s (TI) 2009 Global Corruption Barometer (the Barometer) presents the main findings of a public opinion survey that explores the general public’s views of corruption, as well...

by Transparency International TI | On 12 Feb 2016

The Good Governance Challenge: Egypt, Lebanon, Morocco and Palestine

Accountability, transparency and the fight against corruption have been high on the policy agenda in the Middle East and North Africa. Transparency International, as part of a shared endeavour by civi...

by Transparency International TI | On 12 Feb 2016

Whistleblowing: An Effective Tool in the Fight Against Corruption

Whistleblowing helps to prevent and detect corruption and other malpractice. But reporting can come at a high price and it is essential to have policy and legal measures in place that provide an alter...

by Transparency International TI | On 12 Feb 2016

Corporate Responsibility and Anti-Corruption: The Missing Link

At their best, corporate responsibility initiatives are an attempt to address the great environmental, social and ethical challenges of our times. As these programmes continue to evolve, the challenge...

by Transparency International TI | On 12 Feb 2016

Regulating the Revolving Door

The increased interaction between business and government – as result of privatisations, lobbying and public contracting - has meant increased opportunities for corruption. Conflicts of interest, and...

by Transparency International TI | On 12 Feb 2016

Corruption and Gender in Service Delivery: The Unequal Impacts

Corruption in the provision of basic services can have disproportionate and negative consequences for women and girls, compromising their own empowerment as well as the gender equality and development...

by Transparency International TI | On 12 Feb 2016

Corruption Perceptions Index 2010

The 2010 Corruption Perceptions Index draws on different assessments and business opinion surveys carried out by independent and reputable institutions. It captures information about the administrativ...

by Transparency International TI | On 12 Feb 2016

Corruption and Public Procurement

Public procurement impacts people’s lives and accounts for a big share government budgets. The large monetary transactions involved make the risk of abuse high and the need for anti-corruption safegua...

by Transparency International TI | On 12 Feb 2016

Corruption and Human Trafficking

Human trafficking is thought to affect more than 12 million victims around the world. Corruption is seen as facilitating this flow of people and feeding the impunity that prevents the prosecution of t...

by Transparency International TI | On 12 Feb 2016

Ending Corruption to Ensure Basic Education for All

Universal primary education is one of the eight pledges of the Millennium Development Goals (MDGs) that are set to be met by 2015. Since the goals have been adopted, corruption and governance deficits...

by Transparency International TI | On 12 Feb 2016

2015 and Beyond: The Governance Solution for Development

There are fewer than 1000 days remaining until the 2015 deadline for achieving the Millennium Development Goals (MDGs). Based on current progress, many will not be achieved. For Transparency Internati...

by Transparency International TI | On 12 Feb 2016

New Growth Models: Challenges and Steps to Achieving Patterns of More Equitable, Inclusive and Sustainable Growth

The global economy is growing at an unprecedented pace, bringing large swathe’s of the world’s population out of poverty. But this is not without its challenges. New Growth Models takes a closer look...

by World Economic Forum [WEF] | On 11 Feb 2016

There's No Such Thing as a Free Lunch!

The Union Budget falls on February 29- this being a leap year. An online opinion poll on a leading media website reads: “Should Arun Jaitley prefer growth or fiscal deficit?” As India emerges as the...

by Tulsi Jayakumar | On 11 Feb 2016

Clashes, Crises and Confusion: Japanese Politics at a Crossroads

The general election in Japan on August 30 resulted in a new coalition government formed by three former opposition parties. Focusing both on the short-term task of compil¬ing the national budget, and...

by | On 09 Feb 2016

Challenges of Non-Proliferation in Northeast Asia and Possible Solutions

As the world enters a new millennium, Northeast Asia has been witnessing the rising risk of nuclear weapons proliferation. This paper examines each of the specific risks that Northeast Asia is confron...

by | On 09 Feb 2016

Notes on Rohith Vemula and the Movement After

This article offers observations to Gopal Guru’s article which highlights the endemic caste discrimination in places of higher learning in India in the wake of the Rohith Vemula suicide in Hyderabad....

by Anveshi Research Centre for Women's Studies | On 09 Feb 2016

2009 World Survey on the Role of Women in Development: Women's Control over Economic Resources and Access to Financial Resources, including Microfinance

The World Survey on the Role of Women in Development is the flagship publication of the United Nations Division for the Advancement of Women. It is presented to the Second Committee of the General Ass...

by UN Women | On 08 Feb 2016

Local Labor Market Conditions and Crime: Evidence from the Brazilian Trade Liberalization

This paper estimates the effect of local labor market conditions on crime in a developing country with high crime rates. Contrary to the previous literature, which has focused exclusively on developed...

by Rafael Dix-Carneiro | On 07 Feb 2016

Promoting Revenue Transparency: 2011 Report On Oil And Gas Companies

The Promoting Revenue Transparency: 2011 Report on Oil and Gas Companies, published by Transparency International in partnership with Revenue Watch, rates 44 companies on their levels of transparency....

by Transparency International TI | On 07 Feb 2016

Global Corruption Report: Climate Change

The Global Corruption Report is the first comprehensive publication of its kind to explore the corruption risks related to tackling climate change. From international policy-making to national level m...

by Transparency International TI | On 06 Feb 2016

Corruption In The Land Sector

Unprecedented pressures on land and its governance have been created. As evident around the globe, where land governance is deficient, high levels of corruption often flourish. Under such a system, la...

by Transparency International TI | On 06 Feb 2016

Making Aid Effective: An Anti-Corruption Agenda

While aid flows topped US$ 128 billion in 2010, they have not always been good at achieving results due to corruption and mismanagement that arise from low levels of transparency, accountability and i...

by Transparency International TI | On 06 Feb 2016

Guaranteeing Public Participation In Climate Governance

Effective public participation has three interrelated elements: access to information; direct engagement; and oversight. All three factors can play a critical role in reducing corruption risks and the...

by Transparency International TI | On 06 Feb 2016

Corruption Perceptions Index 2011

The Corruption Perceptions Index ranks countries and territories according to their perceived levels of public sector corruption. It is an aggregate indicator that combines different sources of inform...

by Transparency International TI | On 06 Feb 2016

Daily Lives And Corruption: Public Opinion In South Asia

Between 2010 and 2011, more than 7500 people were interviewed in six South Asian countries – Bangladesh, India, Maldives, Nepal, Pakistan and Sri Lanka – on their views of corruption levels in their c...

by Transparency International TI | On 06 Feb 2016

Tackling Forestry Corruption Risks In Asia Pacific

This report is based on research carried out in five Asia Pacific countries – China, Indonesia, Malaysia, Papua New Guinea and the Solomon Islands. This document should serve as an instrument to help...

by Transparency International TI | On 06 Feb 2016

Building Integrity And Countering Corruption In Defence & Security

This is the second edition of the TI Defence and Security Programme's Handbook, Building Integrity and Reducing Corruption in Defence and Security: 20 Practical Reforms. This Handbook has a simple pur...

by Transparency International TI | On 06 Feb 2016

Transparency In Corporate Reporting: Assessing The World's Largest Companies

This study analyses the transparency of corporate reporting on a range of anticorruption measures among the 105 largest publicly listed multinational companies. Together these companies are worth more...

by Transparency International TI | On 06 Feb 2016

Real Lives, True Stories

When we talk about corruption in terms of statistics, it’s easy to forget the human cost of abused power. Behind every fact or figure are real people, forced to live without the services, opportunitie...

by Transparency International TI | On 06 Feb 2016

Whistleblower Protection And The Un convention Against Corruption

This study proposes ways of enhancing whistleblower protection through the review process for the UN Convention against Corruption (UNCAC). It is intended as a contribution to discussions in the UNCAC...

by Transparency International TI | On 06 Feb 2016

Global Corruption Barometer 2013

The Global Corruption Barometer 2013 draws on a survey of more than 114,000 respondents in 107 countries. It addresses people’s direct experiences with bribery and details their views on corruption in...

by Transparency International TI | On 06 Feb 2016

Impact of Financial Liberalisation and Deregulation on Banking Sector in Pakistan

The study analyses market perception about the performance of Pakistani commercial banks due to financial liberalisation and deregulation measures taken by the central bank over the last two decades....

by Kalbe Abbas | On 06 Feb 2016

It Belongs To You: Public Information in The Middle East And North Africa

This report is part of a larger, region-wide project, entitled ‘Addressing Corruption Through Information and Organized Networking’ (ACTION). ACTION is a four-country project covering Egypt, Morocco,...

by Transparency International TI | On 05 Feb 2016

Global Corruption Report: Education

Corruption and poor governance are acknowledged as major impediments to realising the right to education and to reaching global development goals. Corruption not only distorts access to education, but...

by Transparency International TI | On 05 Feb 2016

Transparency in Corporate Reporting: Assessing Emerging Market Multinationals

Transparency International conducted research into the public reporting practices of 100 emerging markets companies comprising a list of Global Challengers 2011. Based on the methodology of previous T...

by Transparency International TI | On 05 Feb 2016

Corruption Perceptions Index 2013

The Corruption Perception Index 2013 measures the perceived levels of public sector corruption in countries worldwide, scoring them from 0 (highly corrupt) to 100 (very clean). Covering 177 countries,...

by Transparency International TI | On 05 Feb 2016

Protecting Climate Finance: An Anti-Corruption Assessment of the Adaptation Fund

Protecting Climate Finance: An Anti-Corruption Assessment of the Adaptation Fund is the first in a series of reports by Transparency International aimed at analysing the policies and practices that se...

by Transparency International TI | On 05 Feb 2016

Protecting Climate Finance: An Anti-Corruption Assessment of the Climate Investment Funds

Protecting Climate Finance: An Anti-corruption Assessment of the Climate Investment Funds is the second in a series of reports by Transparency International aimed at analysing the policies and practic...

by Transparency International TI | On 05 Feb 2016

Protecting Climate Finance: An Anti-Corruption Assessment of the Global Environment Facility's Least Developed Countries Fund & Special Climate Change Fund

Protecting Climate Finance: An Anti-corruption Assessment of the Global Environment Facility’s Least Developed Countries Fund and Special Climate Change Fund is the third in a series of reports by Tra...

by Transparency International TI | On 05 Feb 2016

Pakistan National Integrity System Assessment 2014

The objective of the NIS report is to assess and evaluate the various key institutions of governance in the country. These institutions are responsible for integrity and the elimination of corruption....

by Transparency International TI | On 05 Feb 2016

Fighting Corruption in South Asia: Building Accountability

Hardly a speech is delivered in South Asia without mention of the need to fight corruption in the region. Yet despite the lofty promises, corruption is on the rise. This report shows how a serious lac...

by Transparency International TI | On 05 Feb 2016

Corruption and Sport: Building Integrity to Prevent Abuses

Sport is a global phenomenon engaging billions of people and generating annual revenues of more than US$ 145 billion. But corruption and challenges to governance threaten to undermine all the good tha...

by Transparency International TI | On 05 Feb 2016

Transparency in Corporate Reporting: Assessing the World's Largest Companies (2014)

This Transparency International report, Transparency in Corporate Reporting: Assessing the World’s Largest Companies, evaluates the transparency of corporate reporting by the world’s 124 largest publi...

by Transparency International TI | On 05 Feb 2016

Corruption Perceptions Index 2014

Based on expert opinion from around the world, the Corruption Perceptions Index measures the perceived levels of public sector corruption worldwide, and it paints an alarming picture. Not one single c...

by Transparency International TI | On 05 Feb 2016

Preventing Corruption in Humanitarian Operations

Transparency International has long held that the most directly damaging impact of corruption is the diversion of basic resources from poor people. Corruption in humanitarian aid is most egregious for...

by Transparency International TI | On 05 Feb 2016

Local Governance Integrity: Principles and Standards

The purpose of the Anti-Corruption Principles and Standards for Local Governance Systems is to provide clear guidance as to how to prevent corruption and deal with it when it occurs. Most of them appl...

by Transparency International TI | On 05 Feb 2016

Palestine National Integrity System Assessment 2013

During the period covered by this study, Palestine faced a number of positive and negative developments. The most significant was the continued political divide, resulting in an ongoing disruption to...

by Transparency International TI | On 05 Feb 2016

Speak Up: Empowering Citizens against Corruption

There are many barriers that prevent individuals from speaking up. Public trust in the ability of institutions to deal with corruption is low and reporting channels are often unclear or unreliable. La...

by Transparency International TI | On 05 Feb 2016

ASEAN Integrity Community: A Vision for Transparent and Accountable Integration

Each ASEAN member state has taken some steps to addressing corruption at the national level, such as ratifying the United Nations Convention Against Corruption (UNCAC), but much more is urgently neede...

by Transparency International TI | On 05 Feb 2016

Can Justice Be Achieved Through Settlements?

Settlements can provide an important channel to hold companies to account for wrongdoings and resolve foreign bribery and other cases without resorting to a full trial (civil or criminal), or conteste...

by Transparency International | On 05 Feb 2016

Incentivising Integrity in Banks

In the aftermath of the global financial crisis, many different cases of malfeasance and corruption at banks have been exposed. To date, settlements worth more than US$ 230 billion have been agreed be...

by Transparency International | On 05 Feb 2016

Exporting Corruption, Progress Report 2015: Assessing Enforcement of the OECD Convention on Combatting Foreign Bribery

Transparency International’s 2015 Progress Report is an independent assessment of the enforcement of the Organisation for Economic Co-operation and Development’s (OECD’s) Anti-Bribery Convention. The...

by Transparency International | On 05 Feb 2016

Just For Show? Reviewing G20 Promises on Beneficial Ownership

Major corruption scandals hitting the news often share key commonalities: the people at the centre of the scandal use a complex web of anonymous companies, trusts and other legal entities situated acr...

by Transparency International | On 04 Feb 2016

Tax Systems: A Channel for Corruption – Or A Way To Fight It?

Fighting tax evasion, corruption and opaque money flows should be seen as advancing the same end point: more equitable and better governed countries. When a tax system works right, it can create an ef...

by Transparency International | On 04 Feb 2016

People and Corruption: Africa Survey 2015 – Global Corruption Barometer

For the latest African edition of the Global Corruption Barometer, we partnered with the Afrobarometer, which spoke to 43,143 respondents across 28 countries in Sub-Saharan Africa between March 2014 a...

by Transparency International | On 03 Feb 2016

Civil Society Participation, Public Accountability and The UN Convention Against Corruption: December 2015

UNCAC Article 13 explicitly recognises the role that civil society can play in tackling corruption. That said, since the establishment of the UNCAC Review Mechanism, there has been debate amongst Stat...

by Transparency International | On 03 Feb 2016

Together Against Corruption: Transparency International Strategy 2020

Together against Corruption provides the strategic framework for Transparency International’s collective ambition and actions for the years 2016-2020. Our movement’s fourth strategy, it builds on the...

by Transparency International | On 03 Feb 2016

Assessment of the Bhutan Anti-Corruption Commission 2015

The assessment of Bhutan's Anti-Corruption Commission (ACC) represents the first time Transparency International has conducted an independent assessment of this sort. The tool will be applied to other...

by Transparency International | On 03 Feb 2016

Rent Seeking Opportunities and Economic Growth in Transitional Economies

This study empirically explores the growth effects of rent seeking activity (RSA) for a group of 52 developing/transitional countries, using a dynamic panel data approach. The modelling framework is a...

by Nasir Iqbal | On 03 Feb 2016

What Determines Payment Methods and Deal Amount in Corporate Merger and Acquisitions in Pakistan

The present study examines the determinants of payment mode choice and deal amounts in financial and nonfinancial sectors mergers and acquisitions (M&A) in Pakistan, undertaken during period 2005–2012...

by Yasmeen Akhtar | On 03 Feb 2016

Remittances and Economic Growth: The Role of Financial Development

Remittances and financial developments have been an important and overgrowing source in accelerating the growth process of many transitional economies. The economies that have enough source of remitta...

by Unbreen Qayyum | On 03 Feb 2016

The Global Financial Crisis and Investors' Behaviour: Evidence from the Karachi Stock Exchange

The present study empirically examines the short term under and overreaction effect in the Karachi Stock Exchange, Pakistan, in the context of the 2008 Global Financial Crisis considering the period f...

by Asiya Sohail | On 03 Feb 2016

Does Inside Ownership Matters in Financial Decisions and Firm Performance: Evidence from Manufacturing Sector of Pakistan

This study provides the evidence on the effect of managerial ownership on the firm’s performance and financial policies (debt and dividend) for 140 listed manufacturing firms of Pakistan.

by Haris Arshad | On 03 Feb 2016

Financial Flows, External Capital Structure, Institutions and Economic Growth in Asian Developing Economies

Present study is conducted to measure the impact of financial integration on economic growth in Asian developing economies using panel data of twelve Asian countries from 1984-2012. In first part of a...

by Madiha Bashir | On 03 Feb 2016

Building Genuine Islamic Financial Institutions

Since the spirit of Islam is in stark and violent conflict with the spirit of Capitalism, the form taken by institutions designed to express this spirit must also be different. Capitalist financial in...

by Asad Zaman | On 03 Feb 2016

MDGs to SDGs: Have We Lost the Plot?

In September this year, world leaders will meet in New York at the United Nations General Assembly. Top of the agenda will be the passage of a resolution laying out global development goals for the fi...

by Charles Kenny | On 03 Feb 2016

The Relationship between Disaggregate Energy Consumption, Economic Growth and Environment for Asian Developing Economies

This study evaluates the link between disaggregate energy consumption (coal, petroleum, electricity, renewable energy consumption), economic growth and environment for Asian Developing countries. Coin...

by Ali Cheema | On 03 Feb 2016

An Analysis of Accrual Anomaly in Case of Karachi Stock Exchange

This study investigates the existence of accrual anomaly by using a sample of 340 non-financial firms listed at Karachi Stock Exchange. The objective of the study is to examine the persistence of th...

by Jawad Mohammad | On 03 Feb 2016

The EU And Asia In The United Nations Security Council

This contribution addresses the political and legal aspects of European and Asian membership and practice in the UNSC. First, it highlights the difficulties of the European Union (EU) becoming a fully...

by Jan Wouters | On 03 Feb 2016

Financial Incentives to Industry

This paper provides details of the decisions made by the Environment Standards Committee (ESC) on Financial Incentives to industry. It also documents the progress made so far in the implementation of...

by Abdul Khan | On 02 Feb 2016

The 2014 Arab Opinion Index

The 2014 Arab Opinion Index is the third annual survey of Arab public opinion carried out by the Arab Center for Research and Policy Studies. In 2011, the survey was carried out in 12 Arab countries,...

by Arab Center for Policy Studies | On 02 Feb 2016

Corruption Perceptions Index 2015

Based on expert opinion from around the world, the Corruption Perceptions Index measures the perceived levels of public sector corruption worldwide. Not one of the 168 countries assessed in the 2015 i...

by | On 02 Feb 2016

Children Affected by Armed Conflict in South Asia: A Review of Trends and Issues Identified Through Secondary Research

‘Armed conflict’ is defined in this report as the use of armed violence to resolve local, national and/or international disputes between individuals and groups that have a political, economic, cultura...

by | On 02 Feb 2016

Pushing the Debate on Public Health

In honour of Krishna Raj, the legendary editor of Economic and Political Weekly, the Anusandhan Trust established the Krishna Raj Memorial Lecture series on Health and Social Sciences. This year’s lec...

by Padma Prakash | On 02 Feb 2016

Remittances: An Unrecognised Support Mechanism During Humanitarian Crises

Remittances – money sent home by migrants – can help families survive conflicts or natural disasters. However, humanitarian agencies often fail to consider remittances when planning interventions. Thi...

by Paul Harvey | On 01 Feb 2016

Swings and Roundabouts: A narrative on Water Policy Development in Sri Lanka

This paper deals with the ‘swings and roundabouts’ encountered in water policy development in Sri Lanka. In recent decades, policy reforms for water resource management nationally-demanded but designe...

by Rajindra Ariyabandu | On 01 Feb 2016

Voices from the South: The Impact of the Financial Crisis on Developing Countries

This report presents snapshots of the financial crisis as seen by 21 thinkers, academics and policymakers in 14 developing countries. IDS invited them to present their views on the likely impacts and...

by Neil McCulloch | On 01 Feb 2016

Water Policy Brief : Water Policy Programme

Access to clean water is central to healthy and productive lives for the poor. Yet at the beginning of the 21st Century over one billion people still lack this vital resource (WWC, 2000). A decade ago...

by Water Policy Programme WPP | On 01 Feb 2016

Pensions at a Glance: Asia/ Pacific

This study combines rigorous analysis with clear, easy-to-understand presentation of empirical results. It does not advocate any particular kind of pension system or type of reform. The goal is to inf...

by OECD Development Centre | On 01 Feb 2016

Financial Reforms - Past and Present

Industrial countries are still struggling, with a few exceptions, to grow. Our fellow BRICS all have deep problems, with confidence about China waxing and waning. India appears to be better in this l...

by Raghuram G. Rajan | On 01 Feb 2016

Research Imperatives for the Indian Banking Sector

In emerging economies like India, banking sector is very important. But banking sector is at 'crossroads'. There are many issues which this sector is facing and research which would generate fresh i...

by S.S. Mundra | On 01 Feb 2016

Pensions at a Glance: Asia and Pacific

This study combines rigorous analysis with clear, easy-to-understand presentation of empirical results. It does not advocate any particular kind of pension system or type of reform. The goal is to inf...

by OECD Development Centre | On 31 Jan 2016

The Trillion Dollar Plan

The rapidly unfolding global financial and economic crisis will severely disrupt economic growth worldwide, affect the livelihoods of billions around the world and endanger progress toward the poverty...

by United Nations Department of Economic and Social Affairs | On 31 Jan 2016

Off-shoring, Insecurity and the Protectionist Threat

The financial crash of 2008 threatens economic insecurity in industrialized countries to an extent not experienced since the Great Depression. But as discussed in the World Economic and Social Survey...

by United Nations Department of Economic and Social Affairs | On 31 Jan 2016

Can we Avert the Next Dollar Crisis?

Are we heading towards a hard landing of the United States dollar? In recent months, the value of the dollar approached another historic low vis-à-vis other major currencies. This contrasts with the i...

by United Nations Department of Economic and Social Affairs | On 31 Jan 2016

Till Debt do us Part: the Urgency of a Sovereign Debt Workout Mechanism

The danger to global economic recovery posed by the European debt turmoil throws a spotlight on a key missing international institution critical to global finance a sovereign debt resolution mechanism...

by United Nations Department of Economic and Social Affairs | On 31 Jan 2016

Fiscal Stimulus is still Needed for Global Recovery

Responding to the economic and financial crisis, a large number of countries introduced fiscal stimulus packages to support aggregate demand. These have been critical in avoiding the recession becomin...

by United Nations Department of Economic and Social Affairs | On 31 Jan 2016

A Truly Green Agricultural Revolution is Needed

The recent food price spikes have exposed deep structural flaws in the world food system. Although increased financial speculation in commodity futures and options markets seems to have amplified shor...

by United Nations Department of Economic and Social Affairs | On 31 Jan 2016

Can a Protracted Slowdown be Avoided?

The world economy is teetering on the brink of another major downturn. As in 2008, economic woes in the major developed economies are weakening economic prospects around the world. Th ere are multiple...

by United Nations Department of Economic and Social Affairs | On 31 Jan 2016

The Potential of Financial Transaction Taxes for Development Financing

Difficulties in raising sufficient resources to finance internationally agreed development goals and global objectives, such as combating climate change, have led the quest for new and innovative sour...

by United Nations Department of Economic and Social Affairs | On 31 Jan 2016

Founding of IWMI In Sri Lanka

The parliamentary general elections in 1977 was a watershed in the political landscape of Sri Lanka. The government that came into power mid-year sought a more liberalized and open economy, and hence...

by Nanda Abeywickrama | On 30 Jan 2016

Improving Transparency in Public Procurement in Bangladesh: Interplay between PPA and RTI Act

This advisory note, while accepting the existing limitations of the transparency regime in public procurement process of the country, argues that the Right to Information (RTI) Act has the potential t...

by . BRAC | On 30 Jan 2016

Institutional Approach to Anti-corruption: An Evaluation of the Anti-Corruption Commission in Bangladesh

Currently, corruption is one of the most discussed topics in the everyday life of Bangladeshi people. They experience it at almost every stage from the top lair of the bureaucracy to the petty grocery...

by Harun Rashid | On 30 Jan 2016

Are Trade Openness and Financial Development Complementary?

Trade liberalization and financial deepening have assumed greater significance for a country’s economic growth performance in recent times. This paper finds that trade openness and financial developme...

by Ram Upendra Das | On 30 Jan 2016

Relationship between Credit Rating, Capital Structure and Earning Management Behaviour: Evidence from Pakistani Listed Firms

Credit ratings have become a widely accepted measure of firms’ creditworthiness in financial markets. The present study aims to examine the impact of external credit ratings on the financial structure...

by Shoaib Ali | On 30 Jan 2016

Health Issues of a Branded Community in an Urban Slum of Mumbai

The ‘De-notified Tribes’ are those communities which were notified under the several versions of the Criminal Tribes Act (CTA) enforced during colonial rule in India between 1871 to 1947. After a sev...

by Praveenkumar Katarki | On 30 Jan 2016

A Report on the Status of Pardhis in Mumbai City

Owing to a dearth of government data and research studies on the urban existence of Pardhis, one of the principal aims of this study was to render visibility to the issue.

by Paankhi Agrawal | On 30 Jan 2016

Initiating Work with Children of Prisoners

This Handbook on “Work with Children of Prisoners” attempts to document the experience of working with children of prisoners staying with their mothers inside as well as those left outside. These chil...

by Prayas NGO | On 30 Jan 2016

Women's Leadership and Corporate Performanace

Is leadership diversified in Asian corporate boardrooms? How is gender diversity in corporate leadership associated with financial performance? What is the magnitude of potential gain by allocating hu...

by Meijun Qian | On 30 Jan 2016

Elite Politics and Dissent in Sri Lanka

The year 2015 has been dramatic for politics in Sri Lanka. A Presidential, as well as a General, Election within the first eight months of the year saw the country having a new President and a new gov...

by | On 29 Jan 2016

Consolidated Replies on State of the Sector Report 2012 for Microfinance

This document incorporates outputs of two discussions conducted on State of the Sector Report 2012. The summaries of the two discussions on SOS 2012 also find place in the State of the Sector Report...

by United Nations Development Programme (UNDP) | On 27 Jan 2016

Synthesis of Important Discussions on Livelihood and MF issues related to Domestic Workers

This publication focuses on the issues related to domestic workers such as financial inclusion of urban poor , issues related to identity proof for opening accounts in the banks, best practices for do...

by United Nations Development Programme (UNDP) | On 27 Jan 2016

Financial Inclusion and Livelihood Promotion of Rickshaw Pullers in India

The research study highlights the financial inclusion needs of cycle rickshaw pullers in India. These include access to service sectors; improvement of asset base; employment of their women; increase...

by | On 27 Jan 2016

Samruddhi - The Madhya Pradesh Model of Financial Inclusion

The report assesses the impact of Samruddhi- the Madhya Pradesh model of financial inclusion that aims to improve access of the state’s poor to finance. It examines the current level and pattern of ac...

by | On 27 Jan 2016

Payments Banks: Support Policy Framework for Enhancing Viability and Inclusion

The paper reviews the payment guidelines issued by the Reserve Bank of India, global experiences for non-banks in payments and the lessons therefrom. It also outlines the recent developments in financ...

by | On 27 Jan 2016

Focus on Children Under Six

This report is the outcome of a collective effort to bring children under six closer to the centre of attention in public debates and democratic politics. The report builds on a field survey of the In...

by | On 27 Jan 2016

The Relationship Between Services Trade And Government Procurement Commitments: Insights From Relevant WTO Agreements And Recent RTAS

To date, government procurement has been effectively carved out of the main multilateral rules of the WTO system. This paper examines the systemic and other ramifications of this exclusion, from both...

by Robert Anderson | On 26 Jan 2016

Infrastructure Provision , Trade And Development Prospects: Potential Role And Relevance Of The WTO Agreement On Government Procurement (GPA)

The paper, nonetheless, acknowledges that delivering these benefits would involve significant practical and political challenges. It concludes that if the challenges can be overcome and the mutual ben...

by Kodjo Osei-Lah | On 26 Jan 2016

Improving The Availability Of Trade Finance In Developing Countries: An Assessment Of Remaining Gaps

While conditions in trade finance markets returned to normality in the main routes of trade, the structural difficulties of poor countries in accessing trade finance have not disappeared – and might h...

by Marc Auboin | On 26 Jan 2016

Charting the Evolving Landscape of Services Trade Policies: Recent Patterns of Protection and Liberalization

While greater focus has been cast on analysis of policy changes affecting trade in goods in the aftermath of the financial crisis, little is known about the direction of policies affecting trade in se...

by Martin Roy | On 26 Jan 2016

External Shocks

After the global financial crisis, India was exposed to many external shocks from commodity prices and foreign capital flows. Although capital flow fluctuations were largely due to global risk-on risk...

by Ashima Goyal | On 24 Jan 2016

Institutional Lending and Financing Policy for SMEs in Bangladesh

Over the last few years, the government has taken a number of initiatives in terms of financial, fiscal, and related policies; adopted strategies; and implemented actions for promoting SME-led economi...

by Naima Nazneen Rikta | On 23 Jan 2016

The SLR as a Monetary Policy Instrument in Bangladesh

The statutory liquidity requirement (SLR), as a monetary policy instrument, has experienced infrequent changes in Bangladesh. Past evidence shows that reduction in SLR produced positive impact on bank...

by Sayera Younus | On 23 Jan 2016

A Quick Analysis of Deposit Interest Rates Offered by Commercial Banks

The main purpose of the survey is to collect data on the extent of the mis-reporting of deposit interest rates, as accurate data is essential for effective financial and monetary policy.

by Md. Ezazul Islam | On 23 Jan 2016

India and the BRICS Partnership

India and its partners – Brazil, China, Russia and South Africa – in the BRICS forum have launched the New Development Bank. With the leaders of these countries, who recently met at Ufa in Russia, dis...

by | On 23 Jan 2016

India’s Latest GDP Growth Figures: Glaring Macroeconomic Concerns

A close analysis of India’s higher growth rate in the last financial year reveals some disturbing signs of emerging vulnerabilities on both the supply and demand sides of the macro-economy. Stagnant a...

by | On 23 Jan 2016

Bilateral Free Trade Agreements (FTAs) Opportunities and Challenges for Bangladesh - Framework Issues

In the backdrop of rise in Free Trade Agreements (FTAs) in developing countries, particularly after the global financial and economic crisis, Bangladesh is still ambivalent in setting its strategies r...

by Khondaker Moazzem | On 23 Jan 2016

Expanding Foreign Investment in the Energy Sector Challenges and Risks For Bangladesh?

A recent project under the CMI-CPD institutional collaboration agreement has looked at the effect of corruption on investment in the energy sector. A distinction is made between the extraction of ener...

by Arne Wiig | On 23 Jan 2016

Rationalizing Interest Rate Spread in the Banking Sector: Some Policy Suggestions

Despite the removal of restrictions and reforms in the banking sector to facilitate the adoption of a market oriented interest rate policy, interest rates are yet to become fully responsive to the mar...

by Bangladesh Bank | On 23 Jan 2016

Navigating the Global Financial Storm: Challenges for Bangladesh

The present global financial crisis shows that there is no substitute of prudent government intervention and careful regulation even when market determined incentive structures operate. The pursuit of...

by Bangladesh Bank | On 23 Jan 2016

Can Targeted Transition Services for Young Offenders Foster Pro-Social Attitudes and Behaviours in Urban Settings? Evidence from the Evaluation of the Kherwadi Social Welfare Association’s Yuva Parivartan Programme

In Maharashtra, state-sponsored programmes that support school dropouts and young offenders in finding employment and integrating into society are severely limited by a lack of resources and capacity....

by Jaideep Gupte | On 23 Jan 2016

East Asia in 2015

The future political landscape of Asia-Pacific would largely be decided, arguably, by happenings in the East Asian region. It is so because in East Asia, the interests of three important players of wo...

by Sandip Kumar Mishra | On 23 Jan 2016

Pakistan: In the Cusp of Changes, Meeting Challenges

While the Pakistani military and civilian leaders, so often the opposing forces, now seem inclined for cohabitation at the highest echelons of power, the country’s latest move towards a ‘comprehensive...

by | On 23 Jan 2016

Financial Crises and Poverty in Emerging Market Economies

This study examines the impact of the principal financial crises in emerging markets in recent years on the incidence of poverty in the countries in question. The growth impact is first identified by...

by | On 22 Jan 2016

Climate Change and Cities

This paper is a study of climate change discourse in urban India. It suggests that the policies being articulated to deal with climate issues are premised on incremental changes rather than radical re...

by Abhiroop Mukhopadhyay | On 21 Jan 2016

Financial Crisis of 2008 and Shifting Economic Power Is there Convergence

This paper analyses shifts in economic power over the last almost five decades. Developing countries and regions have increased their share of incremental world income and incremental world exports ov...

by Manmohan Agarwal | On 21 Jan 2016

Rural Sanitation Transformation in Himachal Pradesh

The relationship between poor sanitation, water borne disease, mortality and malnutrition is well documented. Statistics about the number of deaths due to diarrhea as well as stunting caused by malnut...

by Deepak Sanan | On 19 Jan 2016

Women Workers and the Politics of Claims-Making in a Globalizing Economy

The paper analyses the evolving politics of claims-making by women workers in the Global South in the context of a globalized economy. It addresses the following questions. What kinds of claims are pr...

by | On 19 Jan 2016

Profile of the Protestors

This report presents the findings of a short survey of pro- and anti-government demonstrators in Bangkok conducted on November 30, 2013. The aim of the survey is two-fold: 1) to learn about the demogr...

by The Asia Foundation | On 19 Jan 2016

Evolution of Capital Structure in East Asia: Corporate Inertia or Endeavours?

The present paper examines the capital structure adjustment dynamics of listed non-financial corporations in seven East Asian countries during 1994-2002. Compared to firms in the least affected countr...

by Sarmistha Pal | On 19 Jan 2016

Human Trafficking in Southeast Asia: Results from a Pilot Project in Vietnam

Human trafficking is one of the most widely spread and fastest growing crimes in the world. However, despite the scope of the problem, the important human rights issues at stake and the professed inte...

by Ngan Dinh | On 19 Jan 2016

Conducting Elections in the World’s Largest Plural Society

The paper discusses the need to have elections completely free of crime, and abuse of money, based on a perfect electoral roll, and with full voter participation.

by S. Y. Quraishi | On 19 Jan 2016

Whose Side Are You On? Identifying The Distributive Preferences of Local Politicians in India

The literature on decentralized public programs suggests that errors in the targeting of anti-poverty programs are rooted in the capture of these programs by local elites or local politicians. Consist...

by Mark Schneider | On 18 Jan 2016

A Tale Of Two Villages: Kinship Networks And Political Preference Change In Rural India

This paper develops a theory on how voters form and change political preferences in democratic developing world contexts. In the developing world, where state institutions are often weak, voters tend...

by Neelanjan Sircar | On 18 Jan 2016

Follow-Up Study Report On Cases Worked On By Koshish Chembur Beggars’ Home, Mumbai (Male And Female Section) January – December 2012

There have been very serious linkages between destitution and beggary; both with helpless people getting into beggary as well as state punishing working poor on charges of beggary under legislations l...

by Tata Institue of Social Sciences TISS | On 18 Jan 2016

From Congress-System to Non-hegemonic Multi-party Competition: Politics in Maharashtra

The paper reviews the changing nature of politics in the state of Maharashtra – an important subnational state in India. Politics in the state underwent a shift in 1978 and later again in 1990s. The p...

by | On 18 Jan 2016

The Role of Industrial Policy as a Development Tool: New Evidence from the Globalization of Trade-and-Investment

This paper identifies the ingredients for what it calls “light-handed” industrial policy to address these obstacles. To a certain extent, emerging market hosts can carry out the policy interventions r...

by Theodore H Moran | On 15 Jan 2016

Measuring Subnational Budget Transparency, Participation, and Accountability: India

India has highly populated states and a highly devolved budget; in fact, over half of all India’s public expenditures are through state budgets, including a large share of development expenditures on...

by International Budget Partnership IBP | On 13 Jan 2016

Should Global Goal Setting Continue, and how, in the Post-2015 Era?

The Millennium Development Goals (MDGs) were introduced to monitor implementation of the United Nations Millennium Declaration which set out a vision for inclusive and sustainable globalization based...

by Sakiko Fukuda-Parr | On 13 Jan 2016

Recent Downturn in Emerging Economies and Macroeconomic Implications for Sustainable Development: A Case of India

The paper discusses the progress of Indian economy and its policies since the broadbased structural reforms initiated in 1991 with a special focus on the recent downturn following the global financial...

by | On 11 Jan 2016

Living on the Edge: Immunization Coverage among Children of Nomadic and De-notified Tribes in the Slums of M-East Ward, Mumbai

This study was carried out to assess the immunization status of the NT-DNT children in the 0 to 5 year age group and also to suggest an intervention strategy to immunize the non-immunized children....

by Praveenkumar Katarki | On 11 Jan 2016

The Impact of the Global Economic and Financial Crisis on the Youth and Children

How can young people and their future education and employment be put at the forefront of the solution to the current crisis as they represent the future of the world? These are some of the issues tha...

by Emmanuel Akoto | On 11 Jan 2016

Trade and Development Report, 2015

The Trade and Development Report (TDR) 2015: Making the international financial architecture work for development reviews recent trends in the global economy and focuses on ways to reform the internat...

by United Nations Conference on Trade and Development UNCTAD | On 09 Jan 2016

New ‘Oil Shock’ – Impact on South Asia

In the 1970s, the oil-producing and exporting countries of the Middle East delivered a shock to the global economic system that had many unexpected consequences. The then-quadrupling of the price of o...

by Shahid Javed Burki | On 09 Jan 2016

Suicide Bombings in Afghanistan

The findings of this research paper on suicide bombings largely discredit the commonly-held view that the personalities of the insurgent suicide bombers and their religion are the principal causes of...

by Riaz Hassan | On 09 Jan 2016

Impact of Participatory Forest Management on Financial Assets of Rural Communities in Northwest Pakistan

The system of participatory (or joint) forest management was commenced in the North West Frontier Province (NWFP) of Pakistan in 1996 through Asian Development Bank's funded project. These forest refo...

by Tanvir Ali | On 08 Jan 2016

Institutions for Asian Integration: Innovation and Reform

The formation of regional production networks in East Asia has occurred mainly through market forces, without much help from regional institutions in promoting the creation of a single Asian market. W...

by Masahiro Kawai | On 07 Jan 2016

Conflict through a Gender Lens

This brief suggests that those seeking an in-depth understanding of the social and political world need to apply a feminist curiosity – that is, a curiosity about the roles gender plays at all levels...

by | On 07 Jan 2016

New Measures of the Trilemma Hypothesis: Implications for Asia

The authors develop a new set of indexes of exchange rate stability, monetary policy independence, and financial market openness as the metrics for the trilemma hypothesis. In their exploration, they...

by Masahiro Kawai | On 07 Jan 2016

How Important are Exports and Foreign Direct Investment for Economic Growth in the People's Republic of China?

The global financial crisis and the recent growth slowdown in the People’s Republic of China (PRC) have led to questions about the sustainability of the PRC’s growth. The commonly used argument is tha...

by Yuqing Xing | On 07 Jan 2016

Banking Crises and 'Japanization': Origins and Implications

Japan’s “two lost decades” perhaps represent an extreme example of a weak recovery from a financial crisis, and are now referred to as “Japanization.” More recently, widespread stagnation in advanced...

by Masahiro Kawai | On 07 Jan 2016

Modern Currency Wars: The United States Versus Japan

In 2013, through massive quantitative easing by the Bank of Japan (BOJ), the yen depreciated about 25% against the US dollar, stoking fears of Japan bashing by the US. However, this sharp depreciation...

by Ronald McKinnon | On 07 Jan 2016

Regional Financial Regulation in Asia

The Asian financial crisis (1997-1998) and the global financial crisis (2007-2009) highlighted the potential value of financial regionalism, i.e., regional-level cooperation in financial policy. This...

by Masahiro Kawai | On 07 Jan 2016

Locating the Survivor in the Indian Criminal Justice System: Decoding the Law

The publication “Locating the Survivor in the Indian Criminal Justice System: Decoding the Law” serves as a guide for survivors, young lawyers, and other key stakeholders in the criminal justice syste...

by Lawyers Collective | On 06 Jan 2016

Contribution of Different Tests in Selection

The Centre for Policy Research has, during the previous years conducted a number of examinations for assisting various public undertakings in finding suitable candidates to fill in posts both at the c...

by K. Garg | On 05 Jan 2016

A Study of Unevenness in Selection due to Location

Efforts have been made in the past to develop technologies and tools for selection of personnel, which have no or little concern to the caste, race, age, gender, place of birth or location or their so...

by K. Garg | On 05 Jan 2016

Afghanistan in 2009: A Survey of the Afghan People

The findings from The Asia Foundation's fifth public opinion poll in Afghanistan, Afghanistan in 2009: A Survey of the Afghan People, which covers all 34 of Afghanistan's provinces.

by The Asia Foundation | On 02 Jan 2016

State Building, Political Progress, and Human Security in Afghanistan

Based on the Asia Foundation’s , "Afghanistan in 2006: A Survey of the Afghan People." , the papers in this volume analyze survey data on the opinions and perceptions of Afghans towards government, pu...

by | On 02 Jan 2016

Global Financial Crisis: Impact on India’s Poor Some Initial Perspectives

This report presents some initial perspectives on the impact of theglobal financial crisis on the people of India, particularly the poor, and points to the need for policy actions to transform the sit...

by | On 01 Jan 2016

Financial Literacy for Increasing Sustainable Access to Finance in Nepal

This paper explores how far the expansion of Banks and Financial Institutions including cooperatives assures the access to finance and its sustainability. The study also explores the worth of financia...

by | On 01 Jan 2016

Managing Capital Flows in Asia: An Overview of Key Issues

Global capital flows into emerging markets, including those in Asia, continue to be volatile, generating both benefits and costs. The latter are associated with episodes of currency and banking crises...

by Ramón López | On 01 Jan 2016

International Financial Reforms: Capital Standards, Resolution Regimes and Supervisory Colleges, and their Effect on Emerging Markets

This paper focuses on the relevance to emerging economies of three major financial reforms following the global financial crisis of 2007–2009: the improved capital requirements intended to reduce the...

by Duncan Alford | On 30 Dec 2015

The Effects of Financial Globalization on Global Imbalances, Employment and Inequality

This paper reviews the empirical evidence for the macroeconomic effects of financial globalization and discusses why several of the expected benefits have failed to materialize, in terms of both long-...

by | On 29 Dec 2015

Labour Standards and Development Finance Institutions: A Review of Current Policies and Activities

Development Finance Institutions (DFIs) have the purpose of providing financial resources to economic actors in regions and sectors where access to capital is limited. Rather than competing with priva...

by | On 29 Dec 2015

Strengthening Municipal Governance through Performance-based Budget Allocation in Bangladesh

In Bangladesh, pourashavas are an alternative destination to large cities. With the influx of urban residents within the next decades, governments and development partners must lead pourashavas toward...

by Norio Saito | On 29 Dec 2015

Financial Crisis as a Catalyst of Legal Reforms: The Case of Asia

This paper discusses how financial crises in emerging Asia and Japan worked as catalysts for legal reforms. Findings show that six Asian countries pursued significant legal and judicial reforms follow...

by Masahiro Kawai | On 29 Dec 2015

Gender Sensitive Police Reform in Post Conflict Societies

This briefing paper reviews UNIFEM and UNDP experiences in building the capacity of police services to respond to women's security needs. The paper distinguishes between internal reforms to facilitate...

by UN Women | On 29 Dec 2015

An Asian Perspective on Global Financial Reforms

The purpose of this study is to better understand the likely impact on Asian economies and financial institutions of various recent global financial reforms, including Basel III capital adequacy and l...

by Peter Morgan | On 29 Dec 2015

Financial Health and Firm Productivity: Firm-Level Evidence from Viet Nam

This paper empirically investigates whether financial health shores up firm productivity. It presents productivity as another driving factor in translating financial development into real economic pro...

by Shandre Thangavelu | On 29 Dec 2015

Monetary Policy Frameworks in Asia: Experience, Lessons, and Issues

This paper reviews the history of East Asian monetary policy frameworks since 1990; describes current monetary policy frameworks, including issue of price versus financial stability for a central bank...

by Peter Morgan | On 29 Dec 2015

The Gender Dividend: A Business Case for Gender Equality

This paper presents the case for investments and actions — on an unprecented scale — to broaden the range of real opportunities open to the world's 3.5 billion women and girls. Advocates for equality...

by UN Women | On 28 Dec 2015

Economic Crises and Women’s Work: Exploring Progressive Strategies in a Rapidly Changing Global Environment

This paper examines issues of women’s employment and decent work in the context of the on-going global financial and economic crisis. Recognizing that financial and economic crises affect men and wome...

by UN Women | On 28 Dec 2015

Afghanistan in 2015: A Survey of the Afghan People

The Asia Foundation's Survey of the Afghan People is Afghanistan’s broadest and longest-running public opinion poll. After the first full year of Afghanistan’s National Unity Government, 9,586 Afghans...

by Zachary Warren | On 26 Dec 2015

Ready for a Slowdown?

Are we worse off at the end of 2015 than at the start?

by T.N. Ninan | On 25 Dec 2015

Why Do SMEs Not Borrow More from Banks? Evidence from the People's Republic of China and Southeast Asia

This study examines the relationship between firm characteristics and borrowing from commercial banks by small and medium-sized enterprises (SMEs) in the People's Republic of China (PRC) and five Sout...

by Ganeshan Wignaraja | On 24 Dec 2015

Income Distributions, Inequality, and Poverty in Asia, 1992–2010

In this paper, income distributions for developing countries in Asia are modeled using beta-2 distributions, which are estimated by a method of moments procedure applied to grouped data. Estimated par...

by Duangkamon Chotikapanich | On 24 Dec 2015

Financial Inclusion, Regulation, and Education in Sri Lanka

Sri Lanka has achieved a high level of financial inclusion compared to other South Asian countries. Its financial sector comprises a wide range of financial institutions providing financial services s...

by Saman Kelegama | On 23 Dec 2015

Enhancing Youth Political Participation throughout the Electoral Cycle

This guide identifies key entry points for the inclusion of young people in political and electoral processes and compiles good practice examples of mechanisms for youth political empowerment around t...

by United Nations Development Programme [UNDP] | On 23 Dec 2015

Asymmetric Influence in Global Banking Regulation

Global regulatory standard setting is one of the most lucrative battlefields of the international political economy. Asymmetric influence and regulatory capture in setting such standards can undermine...

by Roman Goldbach | On 23 Dec 2015

Capital Structure, Ownership and Crisis: How Different Are Banks?

Employing data for 1992-2012, the article examines the factors affecting the capital structure of publicly listed Indian banks from a corporate finance perspective and compares the findings by exploit...

by Goutam Chatterjee | On 22 Dec 2015

Endangering the Investment Climate

Achieving the Sustainable Development Goals (SDGs) will require high levels of productive private and public sector investment, which in turn requires a suitable investment climate. This paper provide...

by | On 22 Dec 2015

Indo-French Defence Cooperation - Friends in Need or Friends Indeed?

This paper aims at understanding the reasons behind the institutionalization of Indo-French defence cooperation after 1998, and at assessing the future prospects for this collaboration. By retracing i...

by | On 22 Dec 2015

Cricket and Indian National Consciousness

It is recognized that there are close links between sport and politics, and in particular between sport and national consciousness. The Olympic Games and the football, rugby and cricket World Cups hav...

by | On 22 Dec 2015

Shia and Iranian Ascendance: Sunni and American Perceptions

The primary aim of this paper, however, is not to account for the historical/political rise of Shiaism or of Iran, or even debate the existence of the so-called ‘Shia Crescent,’ but to examine instead...

by | On 22 Dec 2015

The Politics of Climate Change in India: Narratives of Equity and Co-benefits

India occupies an intriguing dual position in global climate politics – a poor and developing economy with low levels of historical and per capita emissions, and a large and rapidly growing economy wi...

by Navroz Dubash | On 21 Dec 2015

Transitions to K-12 Education Systems Experiences from Five Case Countries

Preparing and implementing a K–12 transition absorbs considerable financial and human resources. It follows that the reasons for restructuring must be compelling. It follows that the reasons for restr...

by | On 21 Dec 2015

The Right of Citizens for Time Bound Delivery of Goods and Services and Redressal of their Grievances Bill, 2011: Origin, Need, and Analysis

Tabled by V. Narayanasamy, Minister of State for Personnel, Public Grievances and Pensions, in Lok Sabha in December 2011, The Right of Citizens for Time Bound Delivery of Goods and Services and Redre...

by Amit Chandra | On 21 Dec 2015

The High and Low Politics of Trade

The World Trade Organization (WTO) is in trouble. Its negotiating mechanism has mostly seized up, as reflected in the failure to conclude the long-running Doha Round. No obvious solution to this conun...

by | On 21 Dec 2015

Payment System Regulation for Improving Financial Inclusion

Drawing from existing domestic experiences and the first results of the international debate, this paper tries to identify some high-level recommendations on how the payments system should be regulate...

by Maria Malaguti | On 19 Dec 2015

A Note on Reserve Currencies with Special Reference to the G-20 Countries

It is most likely that the current reserve currencies will retain their status in the near future, given the persistence in the composition of reserve holdings. However, since we do not have complete...

by Menzie D. Chinna | On 18 Dec 2015

External Sector Openness Management: The Bangladesh Experience

Bangladesh has had impressive growth in exports, remittances and foreign exchange reserve in recent year. By analyzing the liberalizing regime from 1979 to this date by adopting a comprehensive approa...

by Abdul Wahab | On 18 Dec 2015

National Legal Framework for IDPs in Sri Lanka: A Critical Analysis

This study places special attention on evaluating constitutional provisions that affect IDPs, on legislation pertaining to displacement, and the National Legal Framework for Relief, Rehabilitation, an...

by | On 18 Dec 2015

Pakistan: Politics, Religion & Extremism

The study attempts to investigate whether it is relative deprivation as Ted Gurr suggests or the element of fear that pushed the Muslim majority Pakistan into a cycle of religious violence due to the...

by | On 17 Dec 2015

Politics of UNSC Sanctions: The Issue of Nuclear Weapons Development

The paper tries to explain the imposition of sanctions by the UNSC on Iran and North Korea and the absence of UNSC sanctions on India and Pakistan. Although there are aspects in the sanctions on Iran...

by | On 17 Dec 2015

China and Myanmar: Strategic Interests, Strategies and the Road Ahead

This research paper is divided into two parts to provide a more complete view of how both countries think in term of their ambitions and the methods they deem important to achieve them. This paper arg...

by | On 17 Dec 2015

Achieving the Malaria MDG Target: Reversing the Incidence of Malaria 2000–2015

In this joint publication, UNICEF and the World Health Organization report that between 2000 and 2015, malaria mortality rates among children under age 5 fell by 65 per cent, saving an estimated 5.9 m...

by United Nations Children's Fund UNICEF | On 17 Dec 2015

The Brics Development Bank

This policy brief recommends that these include commitments to: ending extreme poverty and inequality, with a special focus on gender equity and women’s rights; aligning with environmental and social...

by Oxfam International | On 17 Dec 2015

Building Tax Capacity in Developing Countries

The agenda for the Third International Conference on Financing for Development suggests there will be less focus on aid, and more on how developing countries can generate their own financial resources...

by Mick Moore | On 16 Dec 2015

China's Fitful Economic Reforms

Back in 2004, when I ran the Chinadesk at the International Monetary Fund, my team some written questions to Beijing ahead of our meetings with Chinese officials. China’s central bank had claimed that...

by Eswar Prasad | On 16 Dec 2015

Financial Inclusion, Education, and Regulation in the Philippines

This paper discusses the current status of financial inclusion, education, and regulation in the Philippines and measures to foster financial inclusion. The primary policy challenge faced by the gover...

by Gilberto M. Llanto | On 15 Dec 2015

The “Myth” behind China’s Territorial Claims: Fabrications in Northeast India

The bilateral relationship between India and China is much more complex and multifaceted today and elicits resolution strategies from the straight out simplistic18 to the near irreconcilable19. And af...

by Namrata Goswami | On 15 Dec 2015

National Strategy Day on India: Delivering Growth in the New Context

The World Economic Forum along with the Confederation of Indian Industry (CII) convened the National Strategy Day on India on 3rd and 4th of November to provide a platform to boost economic growth and...

by | On 09 Dec 2015

Budget for Children in Meghalaya 2015-16

Budgets are the most solid expression of a government’s priorities, performances, decisions and intentions both at the national as well as the level of the states. This budget for children (BfC) in Me...

by HAQ Centre for Child Rights HAQCRC | On 08 Dec 2015

Progress of the World’s Women 2008/2009: Who Answers to Women?

The “Progress of the World's Women 2008/2009: Who Answers to Women?” demonstrates that one of the most powerful constraints on realizing women's rights and achieving the Millennium Development Goals (...

by | On 07 Dec 2015

The Noel D'Cunha Sunday Column: Are the Women Safe in Your Workplace

This Sunday Column is about having simple safety initiatives and improvements to make your workplaces safe. With the recent incident of a woman print entrepreneur murdered in her workplace in Delhi, i...

by Noel D'Cunha | On 06 Dec 2015

Vital Stats: Overview of Issues in the Power Sector in India

In the recent past, several initiatives have been taken to address the challenges in the power sector. These include structural changes in the regulatory framework as proposed by the Electricity (Ame...

by Prachee Mishra | On 04 Dec 2015

The Indian Insolvency Regime in Practice – An Analysis of Insolvency and Debt

This paper analyses 45 cases of insolvency and bankruptcy resolution in order to measure the efficiency and problems of the present laws for firm bankruptcy in India. These cases have been selected t...

by Aparna Ravi | On 25 Nov 2015

The Global Gender Gap Report 2015

The Global Gender Gap Report quantifies the magnitude of gender based disparities and tracks their progress over time. While no single measure can capture the complete situation, the Global Gender Gap...

by World Economic Forum [WEF] | On 24 Nov 2015

Terrorism and Security in Asia: Redefining Regional Order?

While a good deal has been written and said about the threat posed by terrorism in Southeast Asia, there has been little work analyzing the impact of terrorism and the war on terror on Asian regional...

by Amitav Acharya | On 22 Nov 2015

Requiring Indian Utilities to Report: Harnessing Disclosure Legislation to Improve Water and Sanitation Services

The paper argues for a regular public reporting of key performance indicators by the WatSan utilities in India. It elaborates on how the policy behind these reforms could be operationalized.

by Premila Nazareth Satyanand | On 18 Nov 2015

Why can't an Academic deliver a Lecture on Secularism without Police Protection? - Romila Thapar

At Pratirodh, the Writers' Convention organised on 1 October 2015, Romila Thapar began with an anecdotal account of her recent lecture on secularism in Mumbai, a lecture for which she was advised to t...

by Romila Thapar | On 18 Nov 2015

Irfan Habib on Unscientific Approach Towards History and Losing Space of Dissent

Irfan Habib spoke at the writer's convention, Pratirodh, held at Mavlankar Hall on the 1st of November, in solidarity with writers who have returned their awards protesting the loss of a liberal space...

by | On 18 Nov 2015

The Sunday Edit: Bringing Back Beef

Beef bans and intolerance of the diversity that abounds in this country are clearly not the way to win elections.

by Ravi Duggal | On 15 Nov 2015

Are Juveniles Really Responsible fo Making Delhi the Rape Capital?

Statistics have been the most important criteria for the Central Government in changing the juvenile justice law and introducing treatment of 16-18 year old juveniles committing such offences as adult...

by HAQ Centre for Child Rights HAQCRC | On 13 Nov 2015

Now Focus on the Economy

What the government should is to concentrate on economic issues with diversionary issues being put back in the cupboard.

by T.N. Ninan | On 07 Nov 2015

Indian Society and the Secular: Public Lecture in Memory of Dr. Asghar Ali Engineer

In this lecture, the author discusses the concept of Indian secularism. She suggests that the concept of secularism went beyond politics. The lecture discusses on three aspects of what is involved in...

by Romila Thapar | On 28 Oct 2015

Development Central Banking: A Review of Issues and Experiences

The paper argues that central banks should play a broader role in helping developing countries meet their key challenges, such as generating productive employment, helping to allocate investment to pr...

by | On 28 Oct 2015

Child-Related Financial Transfers and Early Childhood Education and Care

This paper examines policies for the support of families with children, in particular child-related financial transfers and early childhood education and care (ECEC) services. The analysis is mainly f...

by Mary Daly | On 21 Oct 2015

The Climate Summits: Only Pledges and No Reviews

This interview is with D Raghunandan of Delhi Science Forum on India’s pledge regarding climate changes negotiations in Paris. The pledge was recently revealed in the documents presented by Prakash J...

by D Raghunandan | On 20 Oct 2015

The Gender Dimensions of Pension Systems: Policies and Constraints for the Protection of Older Women

This paper documents the pervasiveness of women’s lack of income security in old age across a large number of countries, but also points to a number of important policy measures that can be taken to a...

by | On 20 Oct 2015

The Battle for Bihar

While the politics of caste and personalities do seem to be relevant to the elections to the Legislative Assembly in the eastern Indian State of Bihar, with the multi-phase polls beginning on 12 Octob...

by | On 19 Oct 2015

Policy Tradeoffs in an Open Economy and the Role of G-20 in Global Macroeconomic Policy Coordination

In this paper the aim is to investigate the different nuances of India's capital account management through empirical analyses as well as descriptive discussions. In particular the study the evolution...

by Rajeswari Sengupta | On 19 Oct 2015

China’s One Belt One Road Strategy: The New Financial Institutions and India’s Options

This paper attempts to discuss India’s options to collaborate with China at the event of the formation of new financial institutions and how should India engage with China’s new Silk Road strategy.

by Ajay Chhibber | On 16 Oct 2015

The Influence of Industry Financial Composition on the Exports from Pakistan

the influence of the industry financial composition on the export flow between Pakistan and its trading partners is determined. The importing countries are split according to their OECD membership st...

by Aadil Nakhoda | On 16 Oct 2015

Labour Market Reforms Since the Crisis: Drivers and Consequences

The paper analyses the determinants and effects of reforms of employment protection legislation (EPL), using a novel inventory that covers 111 developed and developing countries between 2008 and 2014....

by Clemente Pignatti Morano | On 15 Oct 2015

Measuring Poverty

The General Assembly of the United Nations adopted in 2000 a set of “Millennium Development Goals” the first of which is to eradicate extreme poverty and hunger, more specifically to “reduce by half,...

by Angus Deaton | On 13 Oct 2015

Violence Against Women in Rural Bihar: A Case of Four Villages

This covers various kinds of violence in the private and public spheres faced by women in the four villages. It concludes with issues for further research and some policy suggestions.

by Shivani Satija | On 12 Oct 2015

Bihar Ten Years of Election Watch: Comprehensive Reports on Elections, Crime and Money

Ten years of election watch in Bihar.

by Association for Democratic Reforms ADR | On 12 Oct 2015

The Sunday Edit: History, Politics and Science: Temerity of Archaeology

The echoes of the execution of the Syrian archaeologist, Khaled al-Assad by ISIS for trying to protect the antiquities at Palmyra, and the attempts to brutally erase intellectual inquiry, are to be he...

by Anuradha Kumar | On 11 Oct 2015

Public Good Provision in Indian Rural Areas: The Returns to Collective Action by Microfinance Groups

Self-help groups (SHGs) are the most common form of microfinance in India. The authors provide evidence that SHGs, composed of women only, undertake collective actions for the provision of public good...

by | On 01 Oct 2015

Rural Poverty Reduction Strategy for South Asia

Roughly 40 percent of the world’s poor live in South Asia, where poverty is basically a rural problem. Therefore, a significant gain in rural poverty reduction in this sub-region will be crucial to re...

by | On 30 Sep 2015

The Global Competitiveness Report 2015–2016

The Global Competitiveness Report 2015-2016 presents the rankings of the Global Competitiveness Index (GCI). The GCI is based on 12 pillars that provide a comprehensive picture of the competitiveness...

by | On 30 Sep 2015

Cyber-Violence Against Women and Girls: A World-Wide Wake Up Call

The growing reach of the Internet, the rapid spread of mobile information and communications technologies (ICTs) and the wide diffusion of social media have presented new opportunities and enabled var...

by United Nations UN | On 28 Sep 2015

Surviving in Bihar

Can election change the condition of Bihar? At least improving the transport facilities....

by T.N. Ninan | On 26 Sep 2015

Global Nutrition Report Actions and Accountability to Advance Nutrition and Sustainable Development

The Global Nutrition Report 2015 is a report card on the world’s nutrition globally, regionally, and country by country and on efforts to improve it. It assesses countries’ progress in meeting global...

by International Food Policy Research Institute | On 24 Sep 2015

The Troubled Democracy of Bangladesh: ‘Muddling Through’ or ‘a Political Settlement’?

Is democracy in Bangladesh on a reverse course? Is there a culture of intolerance being engendered by deliberate design? Will creeping extremisms create an inevitable schism within the nation? The pap...

by | On 23 Sep 2015

Seventh, after Seven

Seven years after the financial crisis, countries have done well. India is also doing well but there is a lot of difference in the programmes announced and how they are implemented.

by T.N. Ninan | On 19 Sep 2015

Political and Economic Analysis of State Business Relations in Andhra Pradesh: Impact on the Performance of Manufacturing Sector

The central objective of this paper is to enquire into the politics of the government and business relation and how it affected the industrial development in Andhra Pradesh.

by Alivelu G | On 17 Sep 2015

Women's Participation in the History of Ideas and Reconstruction of Knowledge

"The problems of knowledge are central to feminist theorizing which has sought to destabilize androcentric, mainstream thinking in the humanities and in the social and natural sciences". The feminist...

by | On 14 Sep 2015

Women, Business and the Law 2016: Getting to Equal

The report reveal the magnitude of the challenge that the world still faces in the quest for gender equality. This report promotes the cause of inclusion of women by informing research and policy disc...

by World Bank | On 11 Sep 2015

Youth and Politics in India - II

This paper aims to uncover the features that make India’s youth politics so distinct from other forms of politics within the country, the kinds of politics young people participate in, and the kinds o...

by Rahul Advani | On 10 Sep 2015

Youth and Politics in India - I

This paper spells out the ways in which, and the reasons why, young people in India today engage in politics. An answer to this research question is attempted by first locating the politics of youth w...

by | On 10 Sep 2015

Global Nutrition Report: Actions and Accountability to Accelerate the World’s Progress on Nutrition

This report highlights the global nature of malnutrition and the successes and bottlenecks in addressing it. Malnutrition continues to affect the lives of millions of children and women worldwide. Eve...

by International Food Policy Research Institute | On 08 Sep 2015

Basel III Implementation- Challenges for Indian Banking System

In India, Basel III capital regulation has been implemented from April 1, 2013 in phases and it will be fully implemented as on March 31, 2019. Do we need Basel III for a country like India? What are...

by N.S. Viswanathan | On 08 Sep 2015

Financial Inclusion in Asia: An Overview

This paper provides an analysis of financial development and inclusion in developing Asia using data from a wide array of sources. In terms of aggregate measures of financial development, the region a...

by | On 07 Sep 2015

Street Politics

Will the changes in the names of places and streets be accepted? How should they be named?

by T.N. Ninan | On 05 Sep 2015

Indian Society and the Secular: 5th Asghar Ali Engineer Memorial Lecture

In this lecture, the author discusses the concept of Indian secularism. She suggests that the concept of secularism went beyond politics and none of the mainstream political parties adhered to it, and...

by Romila Thapar | On 31 Aug 2015

Report on the Death Penalty

The Law Commission of India received a reference from the Supreme Court in Santosh Kumar Satishbhushan Bariyar v. Maharashtra [(2009) 6 SCC 498] and Shankar Kisanrao Khade v. Maharashtra [(2013) 5 SCC...

by Law Commission India | On 31 Aug 2015

Financial Market Regulation in India-Looking back, Looking Ahead

A broad assessment of the evolution of financial markets and the issues we are grappling with are given here. We can learn right lessons from other countries. There could be different view points and...

by Harun R Khan | On 31 Aug 2015

A Policy Mix for Gender Equality? Lessons from High-Income Countries

Over the past 15 years, important gains have been made in gender equality. Gender gaps in educational attainment have shrunk substantially. In fact, in many high-income countries, young women’s educat...

by Megan Gerecke | On 31 Aug 2015

Ghar Wapsi for Logic

If there is one thing the Census 2011 shows, it's that India will remain overwhelmingly Hindu forever

by T.N. Ninan | On 29 Aug 2015

Efficacy of New Monetary Framework and Determining Inflation in India: An Empirical Analysis of Financially Deregulated Regime

Against the backdrop of the new monetary policy framework, this paper analyses the determinants of inflation in the deregulated financial regime. The paper upfront has been kept free from adherence to...

by Lekha Chakraborty | On 25 Aug 2015

The New ‘MASVAW Men’: Strategies, Dynamics and Deepening Engagements. A Case Study of a Networked Approach to Challenging Patriarchy Across Institutions in Uttar Pradesh

Uttar Pradesh is ranked second among Indian states in ‘crimes against women’, which includes rape, abduction, dowry-related deaths, mental and physical torture and sexual harassment (Government of Utt...

by Jerker Edström | On 25 Aug 2015

Children in Conflict with Law

A juvenile or a child is any person below the age of 18 years. Over the last 10 years, crimes committed by children, as a percentage of all crimes committed in the country, have risen from 1.0% to 1....

by Apoorva Shankar | On 21 Aug 2015

Criminalizing Cheque Bounce Cases – An Effective Remedy?

A review is done to understand if criminalising cheque bounce cases has been an effective remedy. The penalties imposed in other countries against cheque bounce offenders is studied and an analysis of...

by Centre for Civil Society CCS | On 14 Aug 2015

Public Debt Management in India and Related Issues

This study focuses on the marketable domestic public debt of the Government of India (GoI) in terms of size, magnitude, policy and approach followed and also discusses issues and challenges on debt m...

by Lakshmanan L | On 13 Aug 2015

Economic Growth, Financial Development and Income Inequality

The central objective of the paper is to empirically examine the relationship between financial development and income inequality. Theoretically, there are grounds for both a positive and negative re...

by Donghyun Park | On 12 Aug 2015

The Politics of Sustaining Inclusive Growth and Social Inclusion

This working paper records the findings of the project and discusses the key principles that underpin the Danish and Finnish welfare states. The paper reflects on the critical issues that must be cons...

by Valerie Koh | On 11 Aug 2015

Does Introduction of Bureaucratic Competition Reduce Corruption in Public Service Delivery?

The paper theoretically explores the impact of introducing bureaucratic competition on corruption. For this purpose it considers three different measures of corruption such as corruption incidence (CI...

by | On 04 Aug 2015

A Reality Check on Suicides in India

In this paper, we study the data from the National Crime Record Bureau (NCRB) of India and disaggregate across demographic and leading causes of suicides. We find that mental and physical health are t...

by Shamika Ravi | On 02 Aug 2015

Careful with Those Surveys

A survey's design determines its findings; understanding the logic behind measurement is key to interpretation.

by T.N. Ninan | On 01 Aug 2015

Impact of Trilemma Indicators on Macroeconomic Policy: Does Central Bank Independence Matter?

For a sample of 42 high and middle income countries analyzed over a period of 30 years ranging from 1982 till 2011, this paper shows that while an efficient trilemma policy choice can help lower inf...

by | On 31 Jul 2015

Resolving the Food Crisis – Assessing Global Policy Reforms Since 2007

The report looks beyond the proclamations and communiqués to assess what has really changed since the crisis erupted. While not exhaustive, the report looks at: Overseas Development Assistance, both i...

by | On 30 Jul 2015

Future and New Thoughts on Co-operative Banks

The co-operative movement in India is more than a century old; regulation thereof is also more than a century old with the first major impetus provided by the passage of the Co-operative Society Act i...

by R. Gandhi | On 29 Jul 2015

Study of the Global Crisis: A Question of Inevitability of the Euro Zone Crisis

The paper aims to analyse points of contention among economists and policymakers. This paper will discuss the pre-crisis conditions in the euro zone nations to gauge the extent of vulnerability of the...

by | On 28 Jul 2015

Juvenile Justice in India: Policy and Implementation Dilemmas

The article tells us about what are the positive aspects of Juvenile Justice bill what it is lacking.

by Bharti Ali | On 23 Jul 2015

Parliament Session Alert-Monsoon Session: July 21 – August 13, 2015

Lok Sabha and Rajya Sabha will meet for the monsoon session between July 21 and August 13, 2015. The legislative agenda includes 7 legislative Bills currently pending in Parliament for consideration...

by Kusum Malik | On 21 Jul 2015

Securitisation in India: Ambling Down or Revving up?

Financial sector’s primary role is intermediation between ultimate savers and ultimate investors. Initially, it was banks which were the intermediaries. As the financial sector evolved, other types of...

by R. Gandhi | On 21 Jul 2015

Can GDP-Linked Official Lending to Emerging Economies and Developing Countries Enhance Risk Management and Resilience?

This paper considers whether GDP-linked official external public debt can help address some of the challenges that developing countries face when managing international financial flows. GDP-linked off...

by United Nations Development Programme UNDP | On 20 Jul 2015

Banking on Non-solutions

Can state owned banks revive Indian economy? Let's see what the managerial solutions to revive banks show us.

by T.N. Ninan | On 18 Jul 2015

Cyclone Aila and the Sundarbans: An Enquiry into the Disaster and Politics of Aid and Relief

This paper explores the politics and problems of the governmentality of aid and relief in context of the disastrous effect of cyclone Aila on the Sundarbans and nearby areas. The author through narrat...

by Amites Mukhopadhyay | On 17 Jul 2015

Articulating a Vision for a Progressive BRICS Development Bank

Amidst calls for reform of international financial institutions and failure of existing development banks to satisfy the development financing needs of developing countries in general, and BRICS in pa...

by | On 16 Jul 2015

Women Police in the City of Delhi: Gender Hierarchies, 'Transgression', and 'Pariah Femininities'

When women personnel are incorporated in the profession of policing, there is a general assumption behind it that the presence of women makes the force sensitive to gender-crimes, and thus more effici...

by Santana Khanikar | On 09 Jul 2015

Financial Frauds-Prevention: A Question of Knowing Somebody

Banks and financial institutions are easy prey to fraudsters. As long as banks and financial institutions handle huge sums of money as financial intermediaries they will always be the target of ingeni...

by R. Gandhi | On 06 Jul 2015

Can Foreign Banks Contribute to Financial Inclusion?

If the entry of foreign banks results in a concentrated banking sector, as has been the case in several Central and Eastern European countries, then the goals of achieving financial inclusion are adve...

by Ramkishen S. Rajan | On 05 Jul 2015

The Sunday Edit: Tragedy of the Grecian Dilemma

Greek negotiations are more political than economic. Contrary to popular opinion, Greece has actually done quite well in terms of its macro fundamentals. And the case for imposing austerity measures...

by Saugata Bhattacharya | On 05 Jul 2015

A Financial Slave State

Greece is in huge financial trouble. Greece is paying the price for past follies like fictitious national accounts, unsustainable pension programmes, non-existent tax revenues and (the biggest mistake...

by T.N. Ninan | On 04 Jul 2015

Is Imperialism a Relevant Concept in Today’s World?

This paper explores some aspects of the imperialism/empire/new imperialism debate and looks at whether imperialism remains to be a valid theoretical category in analyzing contemporary economics and po...

by Subhanil Chowdhury | On 02 Jul 2015

Financial Education in Asia: Assessment and Recommendations

This paper assesses the case for promoting financial education in Asia. It argues that the benefits of investing in financial education can be substantial. Data are limited, but indicate low financial...

by | On 29 Jun 2015

The Frenemy of the People

Politicians have continued taking people for granted and managed to stay above the law.

by T.N. Ninan | On 22 Jun 2015

Out-Of-Pocket (OOP) Financial Risk Protection: The Role of Health Insurance

Though health has been considered a fundamental human right since the Alma Ata Declaration in 1978, still a significant proportion of world population don’t get access to basic healthcare simply due t...

by S Madheswaran | On 22 Jun 2015

Archiving the Nation-State in Feminist Praxis: A South Asian Perspective

This essay mainly examines the relationship between feminism and nationalism as a point from which it looks at South Asian feminist scholarship. The historical circumstances in their respective countr...

by Uma Chakravarti | On 08 Jun 2015

Youth, Social Change and Politics in India Today: An Introduction to the Delhi Studies

Events in many parts of the world over the last decade – starting with protests in Greece in December 2008, following the death of a young student at the hands of the police, and continuing through th...

by | On 05 Jun 2015

Nepal's Continuing Quest for Federalism and Peace

Nepal is currently experiencing perhaps one of the most turbulent phases in its contemporary political history. In 2008, the 240-year-old institution of monarchy—for long seen as a symbol of unity, in...

by Akanshya Shah | On 05 Jun 2015

Tailor-Made Lives: Accidents and Discontent among the Garment Industry Workers in Udyog Vihar, Haryana

On 12 February 2015, hundreds of workers of garment factories at Udyog Vihar, Gurgaon, came out on the streets and pelted stones at some of the garment factory buildings in response to the rumour of t...

by PUDR Peoples Union for Democratic Rights | On 05 Jun 2015

Tackling Myanmar’s Corruption Challenge

Corruption is widespread in Myanmar, and this has significant negative effects on the country’s economic development. In response, President U Thein Sein has made fighting corruption a priority. Howev...

by Khaing Sape Saw | On 04 Jun 2015

The Dance of the Elephant and the Dragon: The Promise and Perils of Sino-Indian Relations

India and China, two of the world's oldest civilisations, have had little historically relevant interactions with one other. Separated by the world's highest mountain range, the Himalayas, neither of...

by Himanil Raina | On 04 Jun 2015

Report of the Sixty-Eighth World Health Assembly on Contributing to Social and Economic Development: Sustainable Action across sectors to Improved Health and Health Equity (follow-up of the 8th Global Conference on Health Promotion)

The framework provides guidance to Member States on taking country-level action across sectors for improving health and health equity. Such action includes the support of the health sector to other se...

by World Health Organisation (WHO) | On 02 Jun 2015

Progress Report of the Sixty-Eighth World Health Assembly

The comprehensive mental health action plan 2013–2020 was adopted by the Sixty-sixth World Health Assembly in May 2013. The present report summarizes progress made in implementing the action plan. The...

by World Health Organisation (WHO) | On 01 Jun 2015

Report of the Sixty-Seventh World Health Assembly on WHO Global Disability Action Plan 2014–2021

This provides guidance on the draft action plan for better health to disable people. There are more than 1000 million people with disability worldwide, about 15% of the global population. The prevalen...

by World Health Organisation (WHO) | On 01 Jun 2015

Report of the Sixty-Seventh World Health Assembly on Maternal, Infant and Young Child Nutrition

This report describes progress in carrying out the comprehensive implementation plan on maternal, infant and young child nutrition, endorsed by the Health Assembly the global strategy for infant and y...

by World Health Organisation (WHO) | On 28 May 2015

Report of the Sixty-Seventh World Health Assembly on Improving the Health of Patients with Viral Hepatitis

The Health Assembly adopted resolution on viral hepatitis, in which, inter alia, it urged Member States to support or enable an integrated and cost-effective approach to the prevention, control and ma...

by World Health Organisation (WHO) | On 28 May 2015

Report of the Sixty-Eighth World Health Assembly on Global Technical Strategy and Targets for Malaria 2016–2030

Recalling resolutions on malaria control, and accelerating efforts to control and eliminate malaria in developing countries, particularly in Africa, by 2015. Acknowledging the progress made towards th...

by World Health Organisation (WHO) | On 27 May 2015

Report of the Sixty-Seventh World Health Assembly on Global Vaccine Action Plan

In May 2012, the Sixty-fifth World Health Assembly endorsed the global vaccine action plan in resolution and requested the Director-General to monitor progress and report annually, through the Executi...

by World Health Organisation (WHO) | On 27 May 2015

Draft Report of the Sixty-Seventh World Health Assembly on Global Strategy and Targets for Tuberculosis Prevention, Care and Control after 2015

At the Sixty-sixth World Health Assembly the executive board drafted a global strategy targets for tuberculosis prevention, with a aim to accelerate the global expansion of tuberculosis care and contr...

by World Health Organisation (WHO) | On 26 May 2015

Report of the Sixty-Seventh World Health Assembly on Financing of Administrative and Management Costs

An external review, commissioned by the Programme, Budget and Administration Committee of the Executive Board, was prepared in May 2013, providing detailed analysis of WHO’s administrative and managem...

by World Health Organisation (WHO) | On 26 May 2015

Report of the Sixty-Seventh World Health Assembly on Strategic Resource Allocation

At the Sixty-sixth World Health Assembly in May 2013, Member States requested the Director-General to propose, for consideration by the Sixty-seventh World Health Assembly, in consultation with Member...

by World Health Organisation (WHO) | On 26 May 2015

Report of the Sixty-Seventh World Health Assembly on Framework of Engagement with Non-State Actors

At its 134th session, in the provisional agenda the Executive Board have requested the Director-General to develop a framework of engagement with non-State actors and separate policies on the engageme...

by World Health Organisation (WHO) | On 25 May 2015

Report of the Sixty-Seventh World Health Assembly on Improved Decision Making by the Governing Bodies

At its 134th session, in the provisional agenda the Executive Board considered two reports by the Secretariat on options for improved decision-making by the governing bodies, which included four recom...

by World Health Organisation (WHO) | On 25 May 2015

WHO Reform: Progress Report on Reform Implementation

This report summarizes the progress of WHO reform since the report to the Sixty-sixth World Health Assembly. It provides an update on developments in each of the three broad areas of reform (programme...

by World Health Organisation (WHO) | On 22 May 2015

Report of the World Health Assembly Executive Board on its 133rd and 134th Sessions

The Executive Board held its 133rd session on 29 and 30 May 2013 and its 134th session from 20 to 25 January 2014. This report summarizes the main outcomes.

by World Health Organisation (WHO) | On 22 May 2015

State of Indian Farmers: A Report

The present study is based on primary survey across 18 states of India by the Centre for the Study of Developing Societies (CSDS), Delhi conducted between December 2013 and January 2014. The survey wa...

by | On 18 May 2015

India Development Update : Towards a Higher Growth Path

The India Development Update for April 2015 has two main aims. First, it reports on the key developments over the past six months in India's economy, and places these in a longer term and global conte...

by World Trade Organisation | On 18 May 2015

Draft State Sports Policy-2010

In order to achieve excellence in sports, government of Assam aims to adaopt a uniform policy so that sports activities in the state are spread over the year. Assam sports policy aims to provide sport...

by Government of Assam | On 12 May 2015

Assamese Language, Narrative and the Making of the North East Frontier of India: Beyond Regional Indian Literary Studies

This paper is divided into two broad sections. The first section deals with the Brahmaputra Valley in Assam (north east India) and its transformation into a frontier in the nineteenth century. The sec...

by Manjeet Baruah | On 05 May 2015

Infrastructure Gap in South Asia: Infrastructure Needs, Prioritization, and Financing

If the South Asia region hopes to meet its development goals and not risk slowing down or even halting growth, poverty alleviation, and shared prosperity, it is essential to make closing its huge infr...

by World Bank | On 27 Apr 2015

Why Democracy Struggles: Thailand’s Elite Coup Culture

Since the revolution of 1932 that ended absolute monarchy, Thailand has experienced sporadic military interventions, with 19 coups and coup attempts over those decades. This article explains these mil...

by | On 27 Apr 2015

Pakistan: New Cybercrime Bill Threatens the Rights to Privacy and Free Expression

ARTICLE 19 and Digital Rights Foundation Pakistan have serious concerns about measures contained in Pakistan’s proposed Prevention of Electronic Crimes Bill (‘PEC Bill’). The Bill contains a number of...

by Article 19 | On 22 Apr 2015

International Perspectives on Network Neutrality

This issue of Global Media Journal - Canadian Edition spotlights international perspectives on network neutrality focusing on the politics, policies and practices of network management. Contents - Int...

by | On 15 Apr 2015

Asian Development Outlook 2015 Financing Asia’s Future Growth

According to the Asian Development Outlook 2015, India is forecast to overtake China in terms of economic growth as the initial phase of government efforts to remove structural bottlenecks is lifting...

by Asian Development Bank Institute | On 01 Apr 2015

Two Decades of Indian Microfinance: Trajectory and Transformation

This paper critically reviews the major trends in the trajectory of evolution of Indian microfinance since the early 1990s. The debates on Indian microfinance reflect the myriad imaginations and perc...

by | On 31 Mar 2015

The Impossible Trinity: Where does India stand?

A comprehensive overview of a few empirical studies is presented that have explored the issue of Trilemma in the Indian context. Based on these studies an analysis is done on how have Indian policy ma...

by Satish Y Deodhar | On 30 Mar 2015

Financial Inclusion, Poverty, and Income Inequality in Developing Asia

Understanding the link between financial inclusion, poverty, and income inequality at the country level will help policymakers design and implement programs that will broaden access to financial serv...

by | On 27 Mar 2015

Women’s Autonomy and Experience of Physical Violence Within Marriage in Rural India: Evidence From a Prospective Study

Evidence regarding the relationship between married women’s autonomy and risk of marital violence remains mixed. Moreover, studies examining the contribution of specific aspects of women’s autonomy in...

by | On 26 Mar 2015

Budget for Children in India 2008-09 to 2013-14: A Summary

Budget for children is not a separate budget. It is merely an attempt to disaggregate from the overall allocations made, those made specifically for programmes that benefit children. This enables us t...

by HAQ Centre for Child Rights HAQCRC | On 24 Mar 2015

Assam Child Budget 2014-15

The State budget had focused the receipt and expenditure under the Consolidated Fund of the Government with dissemination of allocation under different development sectors. The fund flow towards child...

by | On 24 Mar 2015

Developing the Financial Sector and Expanding Market Instruments to Support a Post-2015 Development Agenda in Asia and the Pacific

The study discusses complementary initiatives in terms of legal and regulatory reforms necessary to sustainably support market-oriented financing options. Given market orientation, the paper is comple...

by | On 24 Mar 2015

IMI-Konnect, Volume 4, Issue 3

The March 2015 issue of IMI Konnect contains the following articles - “Perceptions on Financial Inclusion”, by Basabi Bhattacharya; “Does Innovation Lie in the Eyes of the Beholder?”, by Devjani Chatt...

by IMI Konnect | On 23 Mar 2015

Making Democracy Work: Culture, Social Capital and Elections in China

This paper aims to show that culture is an important determinant of the effectiveness of formal democratic institutions, such as elections. It is found that social capital complements democratic insti...

by Gerard Padro -i-Miquel | On 23 Mar 2015

India and the MDGs: Towards a Sustainable Future for All

India has made notable progress in achieving poverty reduction and other Millennium Development Goals (MDGs) since their adoption at the turn of the century but this progress has been uneven and milli...

by United Nations Economic and Social Commission (UNESCAP) | On 19 Mar 2015

Bhutan: Making Progress on the Path to Prosperity

his country brief highlights how ADB operations have helped support Bhutan’s efforts in advancing socioeconomic development. Since Bhutan became a member in 1982, ADB has provided $486.29 million i...

by Asian Development Bank Institute | On 17 Mar 2015

Financial Access - Measurement and Determinants: A Case Study of Unorganised Manufacturing Enterprises in India

This paper attempts to study financial access of unorganized manufacturing enterprises in India given their importance to the economy and the fact that finance has been the main constraint on their gr...

by T.A. Bhavani | On 12 Mar 2015

Global Imbalances and Bretton Woods II Postulate

The paper intends to revisit this argument, particularly in the light of the change in deficits and surpluses in the world economy. The paper tries to trace the genesis of BWII to the debates which or...

by Krishnakumar S | On 10 Mar 2015

Youth and Democratic Citizenship in East and South-East Asia

This report addresses East and South-East Asian youth’s sense of involvement and empowerment as democratic citizens, their assessments of institutions and quality of governance, and how they particip...

by United Nations Development Programme UNDP | On 10 Mar 2015

Women in Indian Labour Market - Emerging Options

Expanding women’s access to the labour market and enhancing their employability, apart from all its other impact, contributes to the GDP substantially. It is important to generate creative partnership...

by G.D Bino Paul | On 10 Mar 2015

Politics, Paisa or Priorities: Where Would Children Fit into the 2015-16 Union Budget?

It is a well-known fact that children are not getting much attention in the Union Budgets. There are some schemes by the government for children. Many of them are not properly implemented or lack fund...

by Bharti Ali | On 25 Feb 2015

Parliament Session Alert-Budget Session: February 23 – May 08, 2015

Lok Sabha and Rajya Sabha will meet for the Budget Session between 23rd February and 8th May, 2015. There will be a recess between 21st March and 19th April when the Standing Committees will examine D...

by Kusum Malik | On 23 Feb 2015

Report of the High Powered Expert Committee on Making Mumbai an International Financial Centre (Percy Mistry Report)

In the recent decade, India has made significant strides in the financial sector. Some of the important developments are strengthening of banks, de-regulation of interest rates and sector competition...

by Ministry of Finance | On 19 Feb 2015

Policy Framework for Finance SEZs

India is a large user of financial services, by virtue of a large and growing GDP and a high rate of investment and savings. At present, India is con- suming financial services produced onshore as wel...

by Ministry of Finance | On 19 Feb 2015

Financial Inclusion: Need for Differentiation between Access and Use

With no financial capacity to save and invest, a dismal record of use of bank accounts and the severe lack of trust in the current model of using business correspondents, it is extremely difficult to...

by | On 16 Feb 2015

Caste, Corruption and Political Competition in India

Voters in India are often perceived as being biased in favor of parties that claim to represent their caste. The caste bias is incorporated into voter preferences and examine its in influence on the...

by Avidit Acharya | On 12 Feb 2015

Financial Access - Measurement and Determinants: A Case Study of Unorganised Manufacturing Enterprises in India

This paper attempts to study financial access of unorganized manufacturing enterprises in India given their importance to the economy and the fact that finance has been the main constraint on their gr...

by T.A. Bhavani | On 09 Feb 2015

Parliament’s Role in Financial Oversight

This note presents an analysis of Parliament’s role of financial oversight and examines how to strengthen it. It highlights gaps and solutions to improve the existing structures affecting budgetary an...

by Apoorva Shankar | On 30 Jan 2015

Special Financial Incentive Schemes for the Girl Child in India: A Review

In order to improve the survival and welfare of girls and to reverse the distorted sex ratio at birth, both the national and state governments have launched special financial incentive schemes for gir...

by T.V Sekher | On 23 Jan 2015

Relations between Corruption and Human Rights in North Korea

North Korea’s public distribution system has been maintained somewhat perfunctorily since its severe economic hardship in the 1990s. However in reality, rationing to the working class has been suspend...

by | On 20 Jan 2015

Presidential Stakes and Sri Lanka's future

Across the great Eurasian plate these days, one can find leaders dispensing with truly competitive politics. But traverse the Himalayas to South Asia and the climate is different: Democracy is on a w...

by Chandrani Sharma | On 13 Jan 2015

Cyber Crime and Security

The purpose of this paper is Understanding Cyber crime and its phenomena, challenges and legal response to assist everyone in understanding the legal aspects of cyber security and to help harmonize le...

by Shilpa Yadav | On 13 Jan 2015

Living through Crises : How the Food, Fuel, and Financial Shocks Affect the Poor

The food, fuel, and financial crises that started in 2008 reverberated throughout the global economy, causing job losses; poverty; and economic, financial, and political upheaval in countries all...

by | On 13 Jan 2015

Militancy and Identity Politics in Assam

With the state getting tougher and the public turning against them, the militants in Assam are clearly on the defensive today. Militancy in Assam is not a mere law and order problem but a reflection o...

by | On 29 Dec 2014

Report of the detailed findings of the commission of inquiry on human rights in the Democratic People’s Republic of Korea

On 21 March 2013, at its 22nd session, the United Nations Human Rights Council established the Commission of Inquiry on Human Rights in the Democratic People’s Republic of Korea (DPRK). Resolution A/...

by | On 26 Dec 2014

Student Politics: A Game-Theoretic Exploration

The student parties on campus are essentially student wings of larger national parties, which command huge amounts of resources that are used during elections, often instigating conflict and violenc...

by Soumyanetra Munshi | On 01 Dec 2014

Violence against Women in Politics A study conducted in India, Nepal and Pakistan

This study addresses the nature, extent and reasons for women’s political participation within India, Nepal and Pakistan. All three countries have recently elected or are in the process of electing th...

by Ranjana Kumari | On 27 Nov 2014

Analysis of Criminal and Financial Details of Candidates and MLAs from Jharkhand: Based on 2009 Assembly Elections

Jharkhand Assembly elections 2009 were held in five phases from November 16, 2009 to December 13, 2009. This report includes the analysis of voting trends, criminalization, money power, gender etc in...

by Association for Democratic Reforms ADR | On 05 Nov 2014

The Global Gender Gap Report 2014

Through the Global Gender Gap Report 2014, the World Economic Forum quantifies the magnitude of gender-based disparities and tracks their progress over time. While no single measure can capture the co...

by World Economic Forum WEF | On 29 Oct 2014

Eclipse: Living in the Shadow of China’s Economic Dominance

In this book, Arvind Subramanian presents the following possibilities: What if, contrary to common belief, China's economic dominance is a present-day reality rather than a faraway possibility? What i...

by Arvind Subramanian | On 20 Oct 2014

Four Changes to Trade Rules to Facilitate Climate Change Action

The tension between trade and climate change has arisen in part because of the assumption that climate change action (e.g., carbon price increases) can be taken as a given. The question that many pape...

by Aaditya Mattoo | On 20 Oct 2014

Maharashtra Assembly Elections 2014: Analysis of Criminal Background, Financial, Education, Gender and other details of Candidates

Maharashtra Election Watch and Association for Democratic Reforms (ADR) have analysed the self-sworn affidavits of 2336 candidates out of 4119 candidates who are contesting in the Maharashtra Assemb...

by Association for Democratic Reforms ADR | On 14 Oct 2014

“Vote Share” and “Representativeness” of MLAs Elected in 2009 ASSEMBLY Elections from Maharashtra

Details of Maharashtra election in 2009.

by Association for Democratic Reforms ADR | On 13 Oct 2014

Role of Financial Sector in Spurring Growth and Expanding Financial Inclusion in North Eastern Region

The present speech analyses the significant role which can be played by the financial sector in spurring growth and expanding financial inclusion in NER. [CII Banking Collagium in Kolkata].

by P. Vijaya Bhaskar | On 13 Oct 2014

The 100 Laws Project: Compendium of Laws to be Repealed

100 laws are identified which can be repealed. The laws in this compendium need to be repealed on account of any one of three reasons: they are either redundant (having outlived their purpose), they...

by Centre for Civil Society CCS | On 08 Oct 2014

Statistics in the Reserve Bank of India

RBI has taken several steps to improve the processing of data. Information system will also be enhanced very soon. [Remarks at Reserve Bank of India at the 8th Statistics Day Conference, Mumbai].

by Deepak Mohanty | On 30 Sep 2014

Genesis and Evaluaton Political Parties in India

In the last two decades, there has been a substantial change both in the nature of politics in India as well as in nature of relationship between the state and the society. One of the very important m...

by Satri Kesalu | On 29 Sep 2014

Abolishing Indonesia’s Direct Local Elections: Missing the Forest for the Trees?

The Indonesian House of Representatives is due to pass a bill ending direct elections of local leaders, leaving the selection process to legislators in regional parliaments. Is such a move missing the...

by Jonathan Chen | On 25 Sep 2014

Worker’s Rights and Practices in the Contemporary Scenario: An Overview

This book offers a careful summary of the rights and practices of work in the Indian labour market. In specific, it deals with rights deficiency of workers in different sectors especially on agricultu...

by V.V. Giri Labour Institute | On 19 Sep 2014

Civil Society, Indian Elections and Democracy Today

Civil society in Independent India has perhaps never been as active as it is today, except in the years before and during the emergency. The author explores the role it has played in strengthening and...

by Trilochan Sastry | On 18 Sep 2014

Cutting Through the Haze: Will Singapore’s New Legislation Be Effective?

Singapore has passed legislation to hold actors accountable for fires causing transboundary haze. This demonstrates a new level of proactivity from a haze-affected state, and reveals both Singaporean...

by Jackson Ewing | On 18 Sep 2014

Unravelling India’s Inflation Puzzle

From 2003, the Indian economy enjoyed a boom in growth coupled with moderate inflation for five years. The economy grew at a rate close to 9 percent per year, until it was punctured by the global fina...

by Pankaj Kumar | On 19 Aug 2014

Finance and Opportunity in India

One of the greatest dangers to the growth of developing countries is the middle income trap, where crony capitalism creates oligarchies that slow down growth. If the debate during the elections is any...

by Raghuram G. Rajan | On 13 Aug 2014

Integrated Health and Microfinance in India, Volume II: The Way Forward

Integrated Health and Microfinance in India: The Way Forward is a follow-up report that highlights the context of integration of health and microfinance in light of India’s journey towards universal h...

by Somen Saha | On 11 Aug 2014

The Din of Silence: Reconstructing the Keezhvenmani Dalit Massacre

This paper is an attempt to reconstruct the Keezhvenmani Dalit massacre of 1968 by placing it in the larger socio-political scenario, giving it a ‘pre-history,’ scouring the various narratives of the...

by Nithila Kanagasabai | On 24 Jul 2014

Reading the Malappuram Debate: Postcolonial State and the Ethics of Place

The district of Malappuram was formed on the 16th demographics and led to intense debates and agitation in the state, with each side accusing the other of communalism and partisanship. This paper is a...

by Mohamed Shafeeq K | On 24 Jul 2014

Gender Quotas and Female Leadership: A Review

Despite significant advances in education and political participation, women remain underrepresented in leadership positions in politics and business across the globe. In many countries, policy-ma...

by Rohini Pande | On 07 Jul 2014

India's Public Distribution System: A National and International Perspective

This study examines the impact of India's Public Distribution System (PDS) on poor households in terms of income gains, reductions in the incidence and severity of poverty, as well as nutritional impr...

by R. Radhakrishna | On 07 Jul 2014

Gujarat Gender Budget Statement 2014-15

As per census 2011, there are 289.48 lakh women and girls in the state of Gujarat, comprising 47.90 per cent of total population. “Gender Budget 2014-15” shows financial allocations for women in vario...

by Ministry of Finance Government of Gujarat | On 03 Jul 2014

Crimes of Habit: A Report on Custodial Torture in Vijay Vihar Police Station

This investigation report unfolds the custodial torture which some boys had to undergo in a police station in outer Delhi.

by PUDR Peoples Union for Democratic Rights | On 01 Jul 2014

Incidence of Poor and Poverty Risk in India across NSS Regions for Rual and Urban Areas, 2004-05 and 2009-10

This note provides an estimate of incidence of poor and poverty risk in India across NSS regions for 2004-05 and 2009-10 in rural and urban areas. It raises concern on increasing poverty risk and als...

by Srijit Mishra | On 23 Jun 2014

Why India Needs the Women’s Reservation Bill

Nine out of ten parliamentarians in India are men. Such dismal figures reveal the lasting grip of unfavourable social norms. Women’s disadvantage on a complex set of social and economic factors effect...

by Lucy Dubochet | On 17 Jun 2014

Young Leaders in the Parliament - Know your MP

The 2014 General Elections has marked its place in election history- one is the margin of victory witnessed which was the largest in the history of Indian democracy. The second factor unique this time...

by IRIS Knowledge Foundation IKF | On 06 Jun 2014

Economics, Education and Unlearning

In collaboration with several respected economists in the UK, this report identifies the issues with economics education today. It is a detailed, evidence-based argument outlining the shortcomings of...

by Post Crash Economic Society | On 30 May 2014

Position Paper on Education Post-2015

This position paper identifies that there is a strong need for a new and forward-looking education agenda that completes unfinished business while going beyond the current goals in terms of depth and...

by UNESCO UNESCO | On 16 May 2014

Developing Democracies in Southeast Asia:Theorizing the Role of Parties and Elections 1 Forthcoming in Southeast Asia and Political Science: Theory, Region, and Method

Political parties and elections lie at the center of modern democratic politics. Elections function as the chief means of holding leaders accountable for their actions in democratic societies. Politic...

by Erik Kuhonta | On 28 Apr 2014

How to win an Afghan Election

Afghanistan is currently in its second round of presidential and provincial council elections since 2001. In these elections most attention by international observers and analysts is being paid to que...

by Martine Bijlert | On 21 Apr 2014

National Refugee Law in India: Benefits and Roadblocks

India’s status as a preferred refugee haven is confirmed by the steady flow of refugees from many of its subcontinental neighbours as also from elsewhere. India continues to receive them despite its o...

by Arjun Nair | On 17 Apr 2014

Issues of Exclusion and Inclusion in Decentralized Local Governance Institutions in India

This paper proposes to explore “the issues of exclusion and inclusion in decentralized local governance institutions in India”. It also tries to explore how the marginalized groups are excluded in the...

by Dr. Dasarathi Bhuyan | On 14 Apr 2014

Politics and Public Policies: Politics of Human Development in Uttar Pradesh, India

In India, public policies for human development are politically contested for many reasons like diverse political interests, commitment to specific social bases by political regimes etc. They have r...

by Shyam Singh | On 10 Apr 2014

Elections 2014: What Do the Manifestos of Political Parties Promise Children?

A quick look at the manifestos of the five national political parties, Indian National Congress (INC), Bhartiya Janta Party (BJP), Aam Admi Party (AAP), Communist Party of India (Marxist) (CPIM) and S...

by HAQ Centre for Child Rights HAQCRC | On 10 Apr 2014

Indian Youth and Electoral Politics - An Emerging Engagement

Review of the book 'Indian Youth and Electoral Politics - An Emerging Engagement' edited by Sanjay Kumar; Fellow at Centre for the Study of Developing Societies (CSDS); April 2014; pp 180; Rs 450.

by Nandini Bhattacharya | On 07 Apr 2014

Lok Sabha Elections, 2014: Fascism, Democracy’s Challenges and Role of Citizens

PUCL through this statement, wishes to bring to the attention of the people of India, the serious threat to democracy itself and the human rights challenges posed by the electoral alliances and cal...

by People's Union of Civil Liberties PUCL | On 03 Apr 2014

Decentralised Forest Governance, Institutions and Livelihoods in Odisha: A Study of Evolution of Policy Process and Politics

This paper aims to provide an analytical glimpse of the evolution of forest policies in Odisha in the post-independence era, by unraveling the major stages of evolution of such policies. The paper a...

by Bishnu Prasad Mohapatra | On 02 Apr 2014

Micro, Small, and Medium Enterprise Finance: Improving Access to Finance for Women-owned Businesses in India

This report aims to assess the gap in demand and supply of finance, highlight the opportunity in serving women entrepreneurs, and catalogue initiatives taken by financial institutions in access to f...

by International Finance Corporation | On 13 Mar 2014

Saksham: Measures for Ensuring the Safety of Women and Programmes for Gender Sensitization on Campuses

As institutions of higher education engaged in teaching, research and the spread of knowledge, (Higher Educational Institutions (HEIs) are well placed to reflect on, become sensitized to and oppose...

by University Grants Commission UGC | On 06 Mar 2014

Social Mobility of Caste and Tribes in India

Explains how the social difference between the caste system and different tribes was contained even through the caste system was officially abolished. Presents a general model of social mobility based...

by Panizza Philipp | On 28 Feb 2014

Election 2014: What Political Parties Must Commit to Children

What children need are effective institutions, equitable services and adequate resources, combined with political will and accountable leadership. This is what political leaders can promise them. [H...

by HAQ Centre for Child Rights HAQCRC | On 20 Feb 2014

Railway Budget 2014-15

Speech of Shri Mallikarjun Kharge introducing the Railway Budget 2014-15.

by Mallikarjun Kharge | On 14 Feb 2014

Land, Politics, Work and Home-Life at Adimalathura: Towards a Local History

This paper focuses on the fishing hamlet of Adimalathura located on the coast of the Thiruvananthapuram district in Kerala, which has been identified as an area of extreme developmental disadvantage...

by J. Devika | On 11 Feb 2014

Land, Politics, Work and Home-Life in a City Slum: Reconstructing History from Oral Narratives

This paper is a limited attempt at sketching the history of a prominent slum in the city of Thiruvananthapuram, using mainly the memories of residents collected as oral narratives. [CDS Working pape...

by J Devika | On 07 Feb 2014

Women and the RSS

Bound together by fraternal ties, the RSS and the various members of the Parivar share all pervasive ideas of ‘female virtue’ and the ideal of ‘Hindu family’ that serves to push aside a more comprehe...

by Namrata Ganneri | On 25 Jan 2014

The Road Ahead for Aam Aadmi Party

This paper seeks insight into the road-map followed by the Aam Aadmi Party (AAP) till date and in the coming future. There were very few who had foreseen the stunning debut of the Aam Aadmi Party (AA...

by Ronojoy Sen | On 22 Jan 2014

Bangladesh at a Crossroads: A Political Prognosis

Bangladesh is in the cusp of great changes. At this point in time it is standing at a crossroads. This is when its friends and its responsible citizenry must help point towards the right direction: on...

by Iftekhar Ahmed Chowdhury | On 22 Jan 2014

Youth and Politics in India-II

This paper aims to uncover the features that make India’s youth politics so distinct from other forms of politics within the country, the kinds of politics young people participate in, and the kinds o...

by Iftekhar Ahmed Chowdhury | On 22 Jan 2014

Youth and Politics in India-I

This paper spells out the ways in which, and the reasons why, young people in India today engage in politics. An answer to this research question is attempted by first locating the politics of youth w...

by Rahul Advani | On 22 Jan 2014

Obituary: Prof. Ila Pathak (1933-2014): A Feminist Crusader

Ila Pathak was a dedicated social activist who stood by socially excluded sections of society, especially brutalized women. She tirelessly supported women survivors of dowry harassment, rape victims,...

by Vibhuti Patel | On 21 Jan 2014

Asian Development Bank Sustainability Report

The Asian Development Bank (ADB) Sustainability Report has been issued every 2 years since 2007. The current Sustainability Report contains selected performance highlights of ADB’s operations and corp...

by Asian Development Bank Institute | On 20 Jan 2014

Changes between IPC law commission reports

Indian Penal Code (IPC, ) is the main criminal code of India. It is a comprehensive code, intended to cover all substantive aspects of criminal law. The Code has since been amended several times and...

by Lawyers Collective | On 20 Jan 2014

What is Driving the Indian Middle Class Towards Electoral Politics? Evidence from Delhi

Using the case of Delhi and drawing on examples from other metropolitan cities, this paper attempts to understand the factors that have led to the rise of middle class neighborhood associations an...

by Poulomi Chakrabarti | On 16 Jan 2014

Forty Eighth Report: The Lokpal Bill, 2011

The law has to seek not only to make corruption painful and hurtful after the event, but to make corruption unnecessary, undesirable and difficult to embark upon at the inception. Indeed many of such...

by Rajya Sabha | On 20 Dec 2013

The Return of the Prodigy Son: Do Return Migrants Make Better Leaders?

This paper investigates the impact of political leaders’ migration experience on the quality of their leadership. A database is constructed on the personal background of 932 politicians who were at...

by Marion Mercier | On 20 Dec 2013

China-ASEAN Relations: Consensus on Principles, Differences on Specifics

ASEAN, for China, is the focal point for Chinese diplomacy with Southeast Asian countries. Beyond ASEAN, China’s overall relations with Russia, Central Asia and most South Asian countries are relative...

by Chaobing Qiu | On 29 Nov 2013

Asia's Rising Power and America's Continued Purpose

This paper examines a range of possible outcomes in strategic Asia and evaluates the likelihood of each outcome based on the prospective performance of the U.S and the Chinese economies, potential pol...

by Aaron Friedberg | On 26 Nov 2013

Strengthening Democracy in Bangladesh

The paper describes of some of the critical challenges to democratization in Bangladesh. While electoral challenges are included, the paper looks beyond elections and describe other factors that can h...

by ASIA FOUNDATION | On 14 Nov 2013

Nepal’s Constituent Assembly Elections: A Lesson For The Convicted Politicians?

As Nepal prepares to hold the Constituent Assembly (CA) elections on 19th November 2013, there already seems to be one positive lesson: those “convicted of a criminal offence involving moral turpitu...

by Asian Centre for Human Rights ACHR | On 11 Nov 2013

Dishonesty and Selection into Public Service

In this paper, it is demonstrated that university students who cheat on a simple task in a laboratory setting are more likely to state a preference for entering public service. Importantly, it is also...

by Rema Hanna | On 11 Nov 2013

Economic Conditions of the In-Migrant Workers in Kerala: A Case Study in the Trivandrum District

The major objective of the paper is to examine the economic conditions of the in-migrant workers in Kerala. This has been done by analysing their savings, income and consumption pattern and nature o...

by Dilip Saikia | On 11 Nov 2013

Social Media and Elections

Social Media and search results can be readily manipulated which has remained unappreciated by the press and the general public. During time of elections, when the stakes are high, electoral candidate...

by Panagiotis Metaxas | On 06 Nov 2013

In Search of Inclusion: Informal Sector Participation in a Voluntary, Defined Contribution Pension System

This paper examines who contributes and who persists in contributing in a national, voluntary, defined contributory pension program, where the government provides the incentive of matching contributi...

by Renuka Sane | On 28 Oct 2013

Democratic Politics and Legal Rights: Employment Guarantee and Food Security in India

This paper focusses on two Indian laws that seek to guarantee socioeconomic rights: the National Rural Employment Guarantee Act (NREGA), an important example of India’s recent history of legislation...

by Reetika Khera | On 25 Oct 2013

Remittance Needs and Opportunities in India

This report synthesises a national study on domestic migration and remittance flows, four migration corridor studies, and an analysis of the Indian payment system with respect to small money transfe...

by Y S P Thorat | On 22 Oct 2013

Financial Literacy among Working Young in Urban India

The paper reports investigation of a study on the influence of various socio-demographic factors on different dimensions of financial literacy among the working young in urban India. While the influe...

by Sobhesh Kumar Agarwalla | On 14 Oct 2013

Child Focussed Questions in Parliament in 2012

One third of the population of India are children below the age of 18 years. They are citizens of this country. Even though they do not vote, they have all rights as equal citizens of the country. How...

by HAQ Centre for Child Rights HAQCRC | On 07 Oct 2013

Envisioned Scope and Challenges of National Food Security Bill

National Food Security Bill (NFSB) aims to make food easily accessible at affordable prices to people. But there are operational and financial difficulties in implementing this.

by Sweety Thomas | On 07 Oct 2013

Does Economic Growth Reduce Corruption? Theory and Evidence from Vietnam

Government corruption is more prevalent in poor countries than in rich countries. This paper uses cross-industry heterogeneity in growth rates within Vietnam to test empirically whether growth leads...

by Jie Bai | On 03 Oct 2013

A Study on Fiscal Space

In the study states’ finances is analysed to see whether all states have been able to create a fiscal space and whether their fiscal capacities have increased over time. Then the states’ spending is l...

by Kim Robin | On 23 Sep 2013

Improving Public Financial Management in India: Opportunities to Move Forward

In recent years the role of a sound PFM system to achieve the objectives of fiscal discipline, strategic planning, and improved service delivery has been getting increasing public attention in India....

by Pratap Ranjan Jena | On 12 Sep 2013

Crystallizing Fault-lines: Turkey’s Democratic Durability at Risk

In the aftermath of the anti-governmental Gezi demonstrations of May-June and the conclusion of the Ergenekon trial earlier this month, clear fault-lines are crystallizing in the Turkish political lan...

by Ozan Serdaroglu | On 05 Sep 2013

Statement by Dr. Raghuram Rajan

Statement by Dr. Raghuram Rajan on taking office on September 4, 2013. [RBI Press release].

by Sabeeta Badkar | On 05 Sep 2013

Basic Procedures to be Followed in Sexual Assault: Towards Guidelines for Support Groups and Others

The focus of this document is to explain basic hospital ,police and justice systems procedures so that individuals providing support and care are aware of the rights of survivors vis a vis law enfo...

by ... CEHAT | On 31 Aug 2013

The Youth Employment Crisis: A Call for Action

Resolution and conclusions of the 101st Session of the International Labour Conference, Geneva, 2012. [ILO].

by International Labour Organisation ILO | On 16 Aug 2013

Character Endorsements and Electoral Competition

A model built in which the media endorses the character of office-seeking candidates as a means to promote its own ideological agenda. In equilibrium, political parties completely pander to the elit...

by Archishman Chakraborty | On 12 Aug 2013

Cyberwarfare: Logged and Loaded, but Wither Asia?

Cyber operations could have as devastating an impact on populations as conventional military weapons. With militaries already in the process of developing cyberwarfare as a means of battle, there is a...

by Elina Noor | On 26 Jul 2013

Fuel Price Hike and Indonesia’s Energy Insecurity

Fuel price hikes have always been unpopular in Indonesia, largely because of their wide-ranging impact on the population. Yet, it is undeniable that the current high subsidies are unsustainable. To mo...

by Margareth Sembiring | On 26 Jul 2013

Perils of the Drug Trade: Implications and Challenges of Central Asia’s “Northern Route”

The international trade in Afghan drugs is one of the most significant transnational threats emanating from Central Asia. Exacerbated by weak border management, corruption, and lack of income-generat...

by Lars-Erik Lundin | On 26 Jul 2013

A Good Model for Grievance Redressal? Kerala’s Award-Winning Mass Contact Programme

Kerala’s innovative programme for redressing grievances and rooting out corruption has won the chief minister accolades even as it served to connect people to political leaders directly.

by Amrutha Jose Pampackal | On 22 Jul 2013

An Economic Investigation of Corruption and Electricity Theft

Theft and corruption are common in electricity distribution systems worldwide. Electricity theft is analysed in the framework of an individual’s choice under uncertainty and through a three-layered pr...

by Faisal Jamil | On 10 Jul 2013

Delhi State Budget 2013—2014 Disappoints Children Once Again

On the 20th of March 2013, the Honorable Chief Minister of Delhi presented her budget to the Legislative Assembly. What did she have in it for children? The budget has to be analysed in the light of t...

by HAQ Centre for Child Rights HAQCRC | On 03 Jun 2013

Vital Stats: Parliament Budget Session 2013

Parliament convened for the Budget Session 2013 for 32 days between February 21 and May 8. Both Houses were adjourned sine die on May 8, two days ahead of the planned schedule. There was a month long...

by Priya Soman | On 03 Jun 2013

The Criminal Law (Amendement) Bill, 2013 as passed by Lok Sabha

A bill further to amend the Indian Penal Code, the Code of Criminal Procedure, 1973, the Indian Evidence Act, 1872 and the Protection of Children from Sexual Offences Act, 2012 [PRS]. URL:[http://www...

by Parliamentary Research Service PRS | On 08 Apr 2013

Do School get Their Money? PAISA 2012

The PAISA exercise uses planning and budgeting systems as the entry point, it is an attempt to build an empirical understanding of current governance processes at the grassroots to push for a larg...

by Accountability Initiative | On 29 Mar 2013

Kerala Budget Speech 2013-14

Finance Minister Shri. K. M. Mani has presented the State Budget for the coming financial year 2013-14 in the Kerala Legislative Assembly on 15 March 2013. This is the eleventh budget by the minister...

by K.M. Mani | On 15 Mar 2013

Indian Banking Sector: Pushing the Boundaries

Asset quality of banks has come under increasing pressure with rising NPAs and Restructured loans. The Gross NPA ratio for the banking system, which was 2.4% in March 2011, increased to 3.6 per cent b...

by Chakrabarty K C | On 07 Mar 2013

Women Political Leaders, Corruption and Learning: Evidence from a Large Public Program in India

In the paper there is a use of nation-wide policy of randomly allocating village council headships to women to identify the impact of female political leadership on the governance of projects implemen...

by Farzana Afridi | On 07 Mar 2013

Nine years later…

Is the Finance Minister going to do a salvage operation? [BS week end ruminations].

by T.N. Ninan | On 27 Feb 2013

No Fireworks Railway Budget

Modernization, encouragement to PPP, integration of MGNREGA, has been given importance in the railway budget.

by IRIS India IRIS | On 27 Feb 2013

Odisha Budget 2013-14: Part II General

Budget speech presented by Prasanna Acharya. General Budget is presented.

by Government of Orissa | On 25 Feb 2013

Identification for Development: The Biometrics Revolution

This paper surveys 160 cases where biometric identification has been used for economic, political, and social purposes in developing countries. About half of these cases have been supported by donors...

by Alan Gelb | On 15 Feb 2013

Domestic Violence Prevention Bill, 2012, Bhutan

Recognizing that the domestic violence is a serious social evil; that there is incidence of domestic violence within Bhutanese Society; that victims of domestic violence are the most vulnerable membe...

by National Assembly of Bhutan | On 11 Feb 2013

The Official Emergency Continues: The Ordinance on Sexual Assault

The ordinance is a hasty piece of legislation that has not taken into consideartion situations and conditions that are widely prevalent. It does not remedy existing laws and nor is even an interim me...

by Pratiksha Baxi | On 07 Feb 2013

A Comparison of the IPC, Criminal Law (Amendment) Bill 2012, Justice Verma Committee and Criminal Law (Amendment) Ordinance 2013

A comprehensive chart mapping legal developments regarding sexual offences developed and published by Lawyers' Collective.

by Lawyers Collective | On 07 Feb 2013

The Criminal Law (Amendment) Ordinance, 2013

The Amendment was drafted taking into account the recommendations of the Justice Verma Committee that was set up following the rape and murder of a young girl in New Delhi. The Amendment was signed i...

by Government of India GOI | On 07 Feb 2013

Juvenile Justice in Different Countries: Age of Criminal Responsibility and Treatment of Juvenile Offenders

In the world, there are three models that inspire administration of juvenile justice: • The Welfare Model • The Justice Model or Control model - Retributive • The Restorative Model The age of c...

by HAQ Centre for Child Rights HAQCRC | On 06 Feb 2013

Economic Policies and Agricultural Incentives: The Philippine Case

The purpose of this paper is to analyze the impact of economic policies on Philippine agricultural incentives from 1960 up to 1992. Apart from economic policies affecting price incentives, cover publi...

by Cristina C. David | On 24 Jan 2013

Microfinance in Evolution: An Industry Between Crisis and Advancement

Following the international financial crisis that started in 2007, market growth and MFI performance started to deteriorate. Over the last decade the market has matured and become more efficient. Is...

by Cédric Lützenkirchen | On 14 Jan 2013

Political Clientelism and Capture: Theory and Evidence from West Bengal, India

There are relatively few theoretical models or empirical analyses of clientelism which analyse the sources and consequences of clientelism. Data from household surveys in rural West Bengal are used t...

by Pranab Bardhan | On 14 Jan 2013

Social Fragmentation, Public Goods and Elections: Evidence from China

This study examines how the economic effects of elections in rural China depend on voter heterogeneity, for which religious fractionalization is taken as a proxy. [BREAD Working No. 366]. URL:[http:/...

by Gerard Padro-i- Miquel | On 09 Jan 2013

How to Tackle Food Insecurity in Asia

Review of the book Food Security in Asia, by Amitava Mukherjee Sage Publications India 2011 pp. xix+392, Rs 895/-.

by Rudra Narayan Mishra | On 04 Jan 2013

Corruption Perceptions Index 2012

The Corruption Perceptions Index is constructed by the Transparency International. The Corruption Perceptions Index measures the perceived levels of public sector corruption in countries worldwide. Ba...

by Transparency International TI | On 07 Dec 2012

How Indian Voters Respond to Candidates with Criminal Charges: Evidence from the 2009 Lok Sabha Elections

What are the response of voters to candidates who have reported that they have criminal charges against them? A analysis within the framework of a simple analytical model which assumes that criminal c...

by Bhaskar Dutta | On 02 Nov 2012

Financial Stability Report Issue No. 5

The report reflects the collective assessment of the Sub Committee of the Financial Stability and Development Council (FSDC) on potential risks to financial stability. [RBI]. URL:[http://rbidocs.rbi....

by Reserve Bank of India RBI | On 04 Sep 2012

Recent Developments in Kerala State Finances

This paper covers recent trends in a series of broad indicators of the financial health of the Government of Kerala with its developmental policy as the backdrop. It examines fiscal balances in Kerala...

by Tapas K. Sen | On 30 Aug 2012

Japan’s Post-Triple-Disaster Growth Strategy

This paper discusses the scope of the many challenges and sets out a long-term strategy for overcoming them and putting the Japanese economy on a stable growth path. [Working Paper No. 376]. URL:[http...

by Masahiro Kawai | On 24 Aug 2012

National Commission for Minorities: Communalising Assam Riots?

The Asian Centre for Human Rights has alleged that the National Commission for Minorities (NCM) is communalizing the riots in Assam. [ACHR]. URL:[http://www.achrweb.org/reports/india/NCM-2012.pdf].

by Asian Centre for Human Rights ACHR | On 24 Aug 2012

Mobile Financial Services in Bangladesh: An Overview of Market Development

The objective of this report is to share a market level overview of the early stage progress of (Mobile Financial Services) MFS in Bangladesh up through the first quarter of 2012. A series of short s...

by Bangladesh Bank BB | On 23 Aug 2012

Situating Conflict and Poverty in Manipur

What is the relationship between social conflict and poverty in the context of Manipur? There is a need to recognize togetherness of the imperatives of economic well being, socio-cultural identity a...

by Anand Kumar | On 22 Aug 2012

Economic and Financial Developments in Odisha

The economic and financial structure of Odisha is highlighted. Various financial inclusion initiatives are taken by the Reserve Bank with a particular reference to Odisha. The macroeconomic policy cha...

by Deepak Mohanty | On 22 Aug 2012

The Public Interest Disclosure and Protection to Persons Making the Disclosures Bill, 2010

Commonly known as the Whistleblower's Bill, it seeks to establish a mechanism to register complaints on any allegations of corruption or wilful misuse of power against a public servant. The Bill also...

by Parliamentary Research Service PRS | On 17 Aug 2012

Constraints Faced by Industry in Punjab, Pakistan

What are the main impediments to investment and industrial productivity in Punjab which have contributed to this unprecedented decline in growth? This is done by analyzing the 2007 Investment Climate...

by Syed Turab Hussain | On 08 Aug 2012

Agricultural Credit - Accomplishments and Challenges

Agriculture’s share in GDP is less than 15 per cent but it still remains the direct domain of over half of the population whose economic prospects are linked to the performance of agriculture. There a...

by Duvvuri Subbarao | On 03 Aug 2012

National Strategy for Financial Education

India is having large population, a fast growing economy with national focus on inclusive growth and an urgent need to develop a vibrant and stable financial system, it is all the more necessary to...

by Pranab Mukherjee | On 20 Jul 2012

Reexamining the Finance–Growth Relationship for a Developing Economy: A Time Series Analysis of Post-reform India

The cross-country empirical literature on the finance-growth relationship has debated three propositions: (i) financial deepening has a strong impact on the growth process; (ii) measures of financia...

by Sabyasachi Kar | On 13 Jul 2012

How Close Does the Apple Fall to the Tree? Some Evidence on Intergenerational Occupational Mobility from India

Using data from the India Human Development Survey (IHDS) 2005, intergenerational occupational mobility in India is examined, an issue on which very few systematic and rigorous studies exist. Individ...

by Sripad Motiram | On 12 Jul 2012

Three Gorges Dam: A Model of the Past

The Three Gorges Dam on the Yangtze River is the world’s largest and most controversial hydropower project. The 600 kilometer-long reservoir has displaced 1.3 million people and is wreaking havoc wi...

by International Rivers Network IRN | On 12 Jul 2012

Domestic Violence Prevention Bill 2012: Bhutan

This Act ensures a prompt and just legal remedy for the victims of domestic violence; facilitate access to remedies for immediate and effective assistance, shelter homes and protection to the victims...

by National Assembly of Bhutan | On 11 Jul 2012

Cultural Proximity and Loan Outcomes

Evidence is presented to show that shared codes, religious beliefs, ethnicity - cultural proximity - between lenders and borrowers improves the efficiency of credit allocation. In-group preferential t...

by Raymond Fisman | On 05 Jul 2012

National Budget of Bhutan: Financial Year 2012-13

Budget of Bhutan 2012-13. URL:[http://www.mof.gov.bt/downloads/BudgetReport2012.pdf].

by Minister of Finance Bhutan | On 04 Jul 2012

Growth of Asian Pension Assets: Implications for Financial and Capital Markets

Pension assets have seen rapid growth world-wide over the past decades, although they suffered large losses during the global financial crisis of 2007–2008. Such growth is notably due to both structur...

by Yuwei Hu | On 02 Jul 2012

Income Related Inequality in Financial Inclusion and Role of Banks: Evidence on Financial Exclusion in India

This paper analyzes income related inequality in financial inclusion in India using a representative household level survey data, linked to State-level factors. This paper also provides estimates of...

by Rama Pal | On 27 Jun 2012

What Should Regulation do in the Field of Micro-finance?

Recent events in India have brought a fresh focus on the appropriate regulatory stance towards micro-finance. In this paper, facts and recent experience about Indian microfinance is reviewed. The puz...

by Renuka Sane | On 19 Jun 2012

The Effects of Democratization on Public Goods and Redistribution: Evidence from China

This study investigates the effects of introducing elections on public goods and redistribution in rural China. A large and unique survey was collected to document the history of political reforms and...

by Yang Yao | On 05 Jun 2012

Asset Price Bubble and Banks: The Case of Japan

This paper analyses the behaviour of the Japanese banks at the outset of the asset price bubble in the late 1980s. The paper argues that with the advent of financial deregulations, the declining trend...

by Hossain Monzur | On 29 May 2012

The Impact of 1998 and 2008 Financial Crises on Profitability of Islamic Banks

The paper investigates the profitability of 78 Islamic banks in 25 countries for the period of 1992-2009. The Fixed Effect Model (FEM) used to analyse profitability shows that profit efficiency is pos...

by NOR HAYATI BT AHMAD | On 24 May 2012

Trafficking in Persons: Singapore's Evolving Responses

For a long time, sending countries have been the focus of efforts to combat trafficking in persons (TIP). However, in recent years, destination countries such as Singapore have also stepped up their e...

by Pau Khan Khup Hangzo | On 23 May 2012

Black Money

The objective of this paper is to place in the public domain various facets and dimensions of black money and its complex relationship with the policy and administrative regime in the country. The pa...

by Ministry of Finance | On 22 May 2012

Private Returns to Public Office

The wealth accumulation of Indian parliamentarians using public disclosures required of all candidates since 2003 are studied. Annual asset growth of winners is on average 3 to 6 percentage points hi...

by Raymond Fisman | On 18 May 2012

Integrating Urban Datasets: The Path to Effective Socio-Economic Planning in Urban Pakistan

Effective urban policy making and implementation in Pakistan is impeded by the problem of integrating data containing incompatible spatial references. There is great heterogeneity across spatial units...

by Sohaib Khan | On 16 May 2012

Hate Crimes in India: An Economic Analysis of Violence and Atrocities against Scheduled Castes and Scheduled Tribes

Crimes against the historically marginalized Scheduled Castes and Scheduled Tribes (SC/ST) by the upper castes in India represent an extreme form of prejudice and discrimination. In this paper, the ef...

by Smriti Sharma | On 16 May 2012

Inter-Party Competition and Electoral Campaigning in Rural Malaysia: The Pendang and Anak Bukit By-Elections of 2002

The Pendang parliamentary and Anak Bukit by-elections for the Kedah state legislative assembly were among the most contentious of by-elections in recent Malaysian politics. Held simultaneously on 18...

by K Ramanathan | On 10 May 2012

Dispute Settlement in the WTO, Developing Countries and India

The paper undertakes an examination of the experience of developing countries with dispute settlement vis-à-vis developed countries during the 17 years since the entry into force of the WTO Agreement....

by Anwarul Hoda | On 08 May 2012

Corruption

In this paper, a new framework for analyzing corruption in public bureaucracies is provided. The standard way to model corruption is as an example of moral hazard, which then leads to a focus on bette...

by Abhijit Banerjee | On 24 Apr 2012

West Bengal Budget Speech: 2012-13

Speech by Amit Mitra, Minister of Finance. [Government of West Bengal]. URL:[http://www.wbfin.nic.in/writereaddata/Budget_Speech/2012_English.pdf].

by West Bengal Government | On 13 Apr 2012

The Great Depression and the Great Recession: What have we Learned?

The Financial Crisis of 2007-2008 and the Great Recession of 2007-2009 are now in the past. Again there was the debt crisis of 2010-11. During the worst of the recent financial crisis/Great Recession...

by Michael D Bordo | On 13 Apr 2012

The view, outside in

What India has to do to overcome the dents that India has suffered in its international image? India will have to play a delicate game of exercising autonomy in its pursuit of national objectives with...

by T.N. Ninan | On 10 Apr 2012

India’s Call on BRICS : Aligning with China without a Deal

China–India association in the BRICS bloc of countries is an example of multilateralism at its height. For China, the BRICS group holds a strategic significance as it is targeted towards the Western...

by Jagannath P Panda | On 04 Apr 2012

Budget Speech 2012-13: Goa

Budget speech by Ministry of Finance, Goa. [Budget Speech]. URL:[http://www.goa.gov.in/pdf/Speech12-13.pdf].

by Goa Government | On 28 Mar 2012

Odisha Budget Speech 2012-13

Budget Speech by Shri Prafulla Chandra Ghadai. [Government of Odisha]. URL:[http://www.orissa.gov.in/finance/Budgets/2012-13/BUDGET%20SPEECH%20ENGLISH.pdf].

by Government of Orissa | On 27 Mar 2012

The Marriage Laws (Amendment) Bill, 2010

A bill further to amend the Hindu Marriage Act, 1955 and the Special Marriage Act, 1954. [PRS]. URL:[http://www.prsindia.org/uploads/media/Marriage%20Laws/Marriage%20Laws%20Bill%202010.pdf].

by Parliamentary Research Service PRS | On 26 Mar 2012

National Budget of Bhutan-2011-12

Budget speech by the Finance Minister of Bhutan. [Budget Speech]. URL:[http://www.mof.gov.bt/downloads/Budgetreport2012.pdf].

by Minister of Finance Bhutan | On 22 Mar 2012

BMC Budget 2012-13

Budget presented to Municipal Commissioner. . [BMC Annual Reports]. URL:[http://www.mcgm.gov.in/irj/go/km/docs/documents/MCGM%20Department%20List/Chief%20Accountant%20(Finance)/Budget/Complete%20Engli...

by Municipal Commissioner BMC | On 22 Mar 2012

Not the Remembered Country

The food security Bill's focus ignores changes in agriculture and eating habits. [BS editorial]. URL:[http://www.business-standard.com/india/news/t-n-ninan-notremembered-country/467874/].

by T.N. Ninan | On 19 Mar 2012

Budget for Children (BfC) in the Union Budget 2012-13

What the Budget of India, 2012-13 has got for children? [HAQCRC]. URL:[http://www.haqcrc.org/sites/default/files/BfC%202012-13_0.pdf].

by HAQ Centre for Child Rights HAQCRC | On 19 Mar 2012

Sarva Shiksha Abhiyan, GOI 2012-13

This brief uses Government reported data to analyse Sarva Shiksha Ahiyan performance along the following parameters: a) Overall trends in allocation and expenditures, b) Expenditure performance across...

by Accountability Initiative | On 16 Mar 2012

Forty Eighth Report on The Lok Pal Bill, 2011

The report includes a specific recommendation to categorically have a statutory provision imparting genuine independence to the CBI by declaring, for the first time, that it shall not be subject, on...

by Rajya Sabha | On 14 Mar 2012

Federal Budget of Pakistan-2011-12

BUDGET SPEECH 2011-2012 by DR. ABDUL HAFEEZ SHAIKH, Minister for Finance, Revenue, Economic Affairs, Statistics and Planning & Development.

by Minister of Finance Pakistan | On 12 Mar 2012

The Age Distribution of Missing Women in India

Relative to developed countries, there are far fewer women than men in India. Estimates suggest that more than 25 million women are "missing". Sex selection at birth and the mistreatment of young g...

by Siwan Anderson | On 09 Mar 2012

Parents’ Economic Support of Young-Adult Children: Do Socioeconomic Circumstances Matter?

This paper assesses how the economic support provided by parents to young adults as they complete their education and enter the labor market is related to the family’s socioeconomic circumstances. W...

by Deborah Cobb clark | On 07 Mar 2012

Asia’s Wicked Environmental Problems

The developing economies of Asia are confronted by serious environmental problems that threaten to undermine future growth, food security, and regional stability. This study considers four major envir...

by Stephen Howes | On 06 Mar 2012

Budget of Nepal 2011-12

Budget speech by Nepal Finance Minister. URL:[http://www.mof.gov.np/publication/speech/2011/pdf/budgetspeech_english.pdf].

by Ministry of Finance, Government of Nepal | On 06 Mar 2012

Under trial Prisoners: Quicker Trial and Human Rights

Discussion on the human rights violation of under trial prisoners.

by Ranesh Chandra Majumdar | On 06 Mar 2012

Report of the Sub-Groups on Child Rights for 12th Five Year Plan

A Working Group on Child Rights was constituted by the Planning Commission to recommend priorities and strategies for children in the 12th Five year Plan 2012-17. Five Sub Groups of the Working group...

by Government of India Ministry of Women and Child Development | On 06 Mar 2012

The State of the World's Children 2012: Children in an Urban World

The experience of childhood is increasingly urban. Over half the world’s people – including more than a billion children – now live in cities and towns. This report adds to the growing body of eviden...

by United Nations Children's Fund UNICEF | On 01 Mar 2012

The End of the “Liberal Theory of History”? Dissecting the U.S. Congress’ Discourse on China’s Currency Policy

In the last ten years, economic issues related to currency policy have become the major ongoing dispute between China and the U.S. Especially the U.S. Congress is stridently demanding a tougher poli...

by Nicola Nymalm | On 01 Mar 2012

Subsidizing the National Food Authority: Is It a Good Policy?

National Food Authority's (NFA) twin mandate of price stabilization and food security has cost the government billions of pesos in losses over the past few decades. As such, there is a need to ...

by Senate Economic Planning Office SEPO | On 28 Feb 2012

Study on Impact of Micro Finance in Reduction of Domestic Violence Against Women

The main objective of the study is to investigate whether there is any evidence to support the view that the disbursement of micro finance to women reduces the incidence of domestic violence, and if...

by Institute of Social Studies Trust ISST | On 23 Feb 2012

Saving Mumbai

What Mumbai needs as a starting point is a city administration that is accountable to the city's residents, and a directly elected mayor, as in all great cities of the world. [BS Weekend Ruminations]....

by T.N. Ninan | On 22 Feb 2012

Regional and Global Monetary Cooperation

The increasing occurrence of national, regional, and global financial crises, together with their rising costs and complexity, have increased calls for greater regional and global monetary cooperation...

by Mario Lamberte | On 21 Feb 2012

Drawn into Violence: Evidence on 'What Makes a Criminal' from the Vietnam Draft Lotteries

Draft lottery number assignment during the Vietnam Era provides a natural experiment to examine the effects of military service on crime. Using exact dates of birth for inmates in state and federal pr...

by Jason Lindo | On 19 Feb 2012

Mumbai Riots, 1992-3: Revisiting the Affected

Review of the book 'Riots and After in Mumbai: Chronicles of Truth and Reconciliation' Meena Menon, Sage Publications India, 2011, Pp 267 + xcii, Rs. 595/-

by Irfan Engineer | On 17 Feb 2012

Are Saving and Investment Cointegrated? A Cross Country Analysis

Saving is an important part of the economic process that gives rise to investment and economic growth. In this paper an attempt is made to explore the relationship between saving and investment in t...

by Sanjib Bordoloi | On 14 Feb 2012

The Financial Structure and Performance of Philippine Credit Cooperatives

This study is an attempt to assess the importance and potential impact of any further development of the credit cooperative sector; identify development interventions that will result in a strong Fil...

by Gilberto M Llanto | On 13 Feb 2012

Comparing the Technical Efficiency of Indian Banks Operating Abroad and Foreign Banks Operating in India: A Stochastic Output Distance Function Approach

The aim of this paper is to compare the technical efficiency of Indian Banks operating abroad and foreign banks operating in India and to investigate the effect of openness of the country, ownership...

by Vivek Kumar | On 08 Feb 2012

Bank Lending and Monetary Shocks: Evidence from a Developing Economy

This paper investigates the role of credit market frictions in the transmission of monetary shocks in Pakistan. First, using macro data, it is shown that banking spreads are countercyclical, even it i...

by M. Ali Choudhary | On 08 Feb 2012

Human Rights in Malaysia: Challenges and Constraints in the Malaysian Context

The paper discusses some of the main human rights areas of concern within Malaysia, over the years. [Working Paper Series No. 12]. URL:[http://www.ieas.unimas.my/images/stories/hirmanritom.pdf].

by Mohammad Hirman Ritom Abdullah | On 07 Feb 2012

The Euro Zone Crisis and its Dimensions and Implications

The sovereign debt problems in the peripheral economies of the euro zone has started to pose a serious threat to the main economies of the Europe and perhaps to the future of the 'euro‘ itself. Such a...

by M R Anand | On 06 Feb 2012

How is Financial Regulation Different for Micro- Finance?

What is the role of financial regulation in the field of micro- finance? This paper identifi es two features of micro- finance which call for unique treatment in policy considerations as compared...

by M Sahoo | On 03 Feb 2012

Intentions vs. Implementation of Philippine Economic Reforms Under Aquino, 1986-92

This paper explains the gaps between official objectives and the actual accomplishments of the Aquino government, with an emphasis on the implementation record of agricultural-based strategies. Summar...

by V. Bruce J Tolentino | On 30 Jan 2012

Macroeconomic and Monetary Developments Third Quarter Review 2011-12

The Growth outlook has weakened as a result of adverse global and domestic factors that have been mentioned above. Business and consumer confidence has been impacted. Professional forecasters now...

by Reserve Bank of India RBI | On 25 Jan 2012

Vital Stats: Assembly Elections 2012

The Election Commission recently announced the poll schedule for Assembly elections in five States – Uttar Pradesh, Punjab, Uttarakhand, Manipur and Goa. As parties prepare for the upcoming election...

by Rohit Kumar | On 24 Jan 2012

Myanmar’s Reforms: The Challenges Ahead

The release of many high-profile political prisoners by Myanmar’s government has been applauded by the international community. Many obstacles to reform still exist, but they are not the usual suspect...

by Kyaw San Wai | On 24 Jan 2012

Banks, Policy and Risks

This paper assesses the sources of risk for Indian banks in the context of their history, structure, level of development, and policy environment and draws out implications for global and domestic pol...

by Ashima Goyal | On 18 Jan 2012

Challenges in IMS Reforms: A Global and Emerging Markets Perspective

The current global financial crisis has reopened an old debate on the international monetary system by baring weaknesses and flaws that have long been known. The debate is centred on both stability an...

by Alok Sheel | On 10 Jan 2012

Parental Education as a Criterion for Affirmative Action in Higher Education: A Preliminary Analysis

Affirmative action, especially in the form of reservation policies, to address the issues of inclusion and equity has been in place in India for a long time. Through these policies higher participatio...

by Rakesh Basant | On 09 Jan 2012

Credit and Growth Cycles in India: An Empirical Assessment of the Lead and Lag Behaviour

This paper studies the leadlag pattern in the interaction between credit and growth cycles of India at three levels i.e. at the aggregate level for annual GDP growth, at the sectoral level across a...

by Krittika Banerjee | On 06 Jan 2012

Inter-connectedness of Banks and NBFCs in India: Issues and Policy Implications

The recent global financial crisis (2007-09) has clearly highlighted the gravity of high financial inter-connectedness within the financial system. In the Indian context, this brief study attempts to...

by Karunagaran A | On 05 Jan 2012

Strengthening Banking Regulation: Amending the BSP Charter

This Policy Brief discusses the proposed amendments to Republic Act No. 7653 (RA 7653). The first part briefly presents the mandate of the Bangko Sentral ng Pilipinas (BSP). It then describes the fi...

by Senate Economic Planning Office SEPO | On 29 Dec 2011

Contribution of Services Sector in the Economy of Pakistan

The services sector has provided steady support to Pakistan’s economic growth. It share in GDP now stands a more than 50 percent. The paper analyses its continuation in the growth of the economy in...

by Ayaz Ahmed | On 29 Dec 2011

Economic and Financial Developments in Andaman and Nicobar Islands

The Reserve Bank has stepped up its efforts in recent years to enhance the penetration of the formal financial sector and promote financial inclusion with a view to improving the well-being of our soc...

by Deepak Mohanty | On 26 Dec 2011

Comparison of the Lok Pal Bill, 2011 and the Standing Committee Report on the Lok Pal Bill

The Department Related Standing Committee on Personnel, Public Grievances, Law and Justice tabled its 48th Report on the ‘Lok Pal Bill, 2011’ on December 9, 2011. The Bill was introduced in the Lok Sa...

by Kaushiki Sanyal | On 23 Dec 2011

Mullaperiyar – the Issue and the Politics

Discussions and debates are going on in Kerala over the Mullaperiyar dam. A solution is proposed here to solve the issues associated with the dam.

by Santhakumar V | On 19 Dec 2011

Monetary Neutrality in the Nepalese Economy during 1975-2008

One of the methods of measuring the effectiveness of monetary policies is via inspection of monetary neutrality in the economy. It is a concept from classical economics and it suggests that changes...

by Mukesh Khanal | On 16 Dec 2011

China’s Financial Integration into the World Economy: Scrutinising China‘s International Investment Position

Possible scenarios for China and the world economy until 2015 is looked at. In all of them, China will continue to accumulate FX reserves, so that reserve assets will remain the largest component of...

by Catherine Shu Ling Tan | On 08 Dec 2011

A Regulatory Approach to Financial Product Advice and Distribution

Financial distribution, where the distributor is the agent of both the product provider and the customer, has been found to inherently work against the interests of customers, in the form of high ser...

by M Sahoo | On 08 Dec 2011

National Urban Transport Policy

The objective of this policy is to ensure safe, affordable, quick, comfortable, reliable and sustainable access for the growing number of city residents to jobs, education, recreation and such other...

by Ministry of Urban Development GOI | On 30 Nov 2011

Legislative Brief: The Lok Pal Bill, 2011

The Bill establishes a body called the Lok Pal. It provides a process for receiving corruption complaints against public servants and investigating and prosecuting these in a time bound manner. The B...

by Kaushiki Sanyal | On 30 Nov 2011

An Estimated DSGE Model of the Indian Economy

A closed model DSGE model of the Indian economy is developed and it is estimated by Bayesian Maximum Likelihood methods using Dynare. A model is build up in stages to with a number of features impo...

by Vasco Gabriel | On 28 Nov 2011

Publishing Construction Contracts as a Tool for Efficiency and Good Governance

Construction is a $1.7 trillion industry worldwide, much of which is linked to publicly financed projects. Outcomes from this financing are frequently suboptimal. Cost and time escalation, as well a...

by Charles Kenny | On 25 Nov 2011

The Politics of Water Discourse in Pakistan

The policy brief explores the evolving discourse on water issues in Pakistan where the process of political articulation, securitization and mobilization which often links water to Kashmir is studied....

by Medha Bisht | On 24 Nov 2011

Informal Labour and Credit Markets: A Survey

This paper reviews the literature on the informal economy, focusing first on empirical findings and then on existing approaches to modelling informality within both partial and general equilibrium e...

by Nicoletta Batini | On 24 Nov 2011

The Challenge of Food Inflation

The trends in food inflation over the past 60 years are given. Having thus set the context, the factors driving structural food inflation, which should give us a perspective of the underlying dynam...

by Duvvuri Subbarao | On 24 Nov 2011

Assamese Newspapers—Losing out to Local News Channels?

Two recent IRS quarterly surveys have shown that readership of newspapers is declining in Assam. Why is this happening?

by Nava Thakuria | On 22 Nov 2011

The Pension Fund Regulatory and Development Authority Bill, 2011

A bill to provide for the establishment of an Authority to promote old age income security by establishing, developing and regulating pension funds, to protect the interests of subscribers to sche...

by Parliamentary Research Service PRS | On 17 Nov 2011

The Impossible Trinity and Capital Flows in East Asia

The Impossible Trinity doctrine still holds a powerful sway over policymakers, advisors (particularly the International Monetary Fund [IMF]) and academia. In East Asia over the past decade, however,...

by Stephen Grenville | On 15 Nov 2011

"I did not ask for it". Sexual Harassment: Impressions from Mumbai

Sexual harassment is a global issue. In a recent case in Mumbai, two young men, Keenan Santos (24) and Reuben Fernandez (29) were stabbed on 20 Oct 2011 while confronting some unknown men eve-teasing...

by Indira Gartenberg | On 14 Nov 2011

Financing Infrastructure for Connectivity: Policy Implications for Asia

This paper discusses Asia’s infrastructure needs and its corresponding financing needs and challenges. It proposes ways to address financing gaps by identifying potential financing sources and instr...

by Biswa Nath Bhattacharyay | On 09 Nov 2011

Regulate the Share Markets and Save the Country

The 1% rich and powerful have found the Occupy Wall Street movement unsettling and have also made attempts at curbing its influence and outreach. It is now possible for stock-traders in international...

by Bhalchandra Kango | On 08 Nov 2011

Monetary Operating Procedures: Principles and the Indian process

As markets deepen and interest elasticities increase it is optimal for emerging markets to shift towards an interest rate instrument since continuing monetization of the economy implies money demand...

by Ashima Goyal | On 04 Nov 2011

Economic and Financial Developments in Goa

Goa is celebrating the Golden Jubilee Year of its Liberation. The recent economic achievements of the state are highlighted. The economic and financial structure of the state as well as the various fi...

by Deepak Mohanty | On 04 Nov 2011

The Financial Accelerator: An Emerging Market Story

In support of the financial-accelerator theory, evidence is found on countercyclical price-cost banking margins possibly explaining the amplifications of business cycles in Pakistan. [WP 41]. URL:[ht...

by Shah Hussein | On 03 Nov 2011

Coordination Under Uncertain Conditions: An Analysis of the Fukushima Catastrophe

This paper analyzes the impacts of the 11 March 2011 earthquake and tsunami at the Fukushima nuclear power plant in Japan, which were amplified by a failure of coordination across the plant, corporate...

by Masahiko Aoki | On 03 Nov 2011

Growth and Election Outcomes in a Developing Country

With the exception Brander and Drazen (2008), who use a comprehensive cross-country database consisting of both developed and developing countries, the hypothesis that rapid growth helps incumbents...

by Poonam Gupta | On 31 Oct 2011

Emigration of Women Domestic Workers from Kerala: Gender, State Policy and the Politics of Movement

Restrictions imposed by the Government of India on the emigration of women in ‘unskilled’ categories such as domestic work are framed as measures intended to protect women from exploitation. Specia...

by Praveena Kodoth | On 24 Oct 2011

Does Greater Autonomy Improve Performance? Evidence from Water Service Providers in Indian Cities?

The efficiency of urban water supply in 27 Indian cities are analyzed using data envelopment analysis (DEA). Cities are grouped by the management structure of their water utilities. Utilities with g...

by Shreekant Gupta | On 24 Oct 2011

Gender, Governance and Women’s Rights in South Asia

This study focuses on gender equality and democratic governance in the five largest states of the South Asian region, namely, India, Pakistan, Bangladesh, Sri Lanka and Nepal. Beginning with a general...

by Seema Kazi | On 20 Oct 2011

What is driving the Indian middle class towards electoral politics? Evidence from Delhi

Neighborhood Associations have assumed an important role in public policy decision making as the principal voice of the middle class across urban India. In recent years, these associations have sought...

by Poulomi Chakrabarti | On 20 Oct 2011

Does Participatory Development Legitimise Collusion Mechanisms? Evidence from Karnataka Watershed Development Agency

While examining participatory development projects, existing contributions have demonstrated how aid resources are often captured by local elites. This paper hypothesises that another possible source...

by G.Ananda Vadivelu | On 18 Oct 2011

Recent Global Crisis and the Demand for Gold by Central Banks: An Analytical Perspective

When India purchased 200 tonnes of gold under the International Monetary Fund's limited gold sales programme, it was interpreted inter alia that it may further inflate the gold price when the price...

by Karunagaran A | On 17 Oct 2011

An Empirical Analysis of Monetary and Fiscal Policy Interaction in India

This study analyses the behaviour of monetary and fiscal policies interaction in India using quarterly data for 2000Q2 to 2010Q1. It finds that, even after the elimination of automatic monetisation...

by Janak Raj | On 11 Oct 2011

Food, Hunger and Ethics

Management of hunger has to look into issues of availability, accessibility and adequacy. Posing it from an ethical perspective the paper argues out in favour of right to food. But, for this to happe...

by Srijit Mishra | On 30 Sep 2011

Mitigating Climate Change Through Agriculture

Among the major challenges currently faced by humanity are food security and climate change. Agriculture plays a significant role in both. Adapting to climate change is expected to be an increasing ...

by Claire Schaffnit Chatterjee | On 26 Sep 2011

Integrated Financial MIS for Local Government Public Expenditure Management - A Case Study of Khajane in Karnataka

Expenditure Management is critical to effective public service delivery, especially at the local government level. Leveraging on information systems to aid in expenditure management is viewed as an ...

by Sandeep M S | On 20 Sep 2011

The Lok Pal Bill Debate: Lack of Accountability, not Anna Hazare's Fast, Should be the Focus

The paper analysis the current situation of corruption in India, the protests against it, the role of NGOs and the Lok Pal Bill

by Asian Centre for Human Rights ACHR | On 19 Sep 2011

Iraq’s Last Window: Diffusing the Risks of a Petro-State

This paper, examines the possibility of adopting Oil- to- Cash scheme in Iraq. Here, a new opportunity is identified which aims for direct distribution of Iraqi oil rents in the planned production exp...

by Johnny West | On 19 Sep 2011

Optional Protocol to the Convention on the Rights of the Child on the Sale of Children, Child Prostitution and Child Pornography

The Optional Protocol (OP) to the Convention on the Rights of the Child (CRC) on the Sale of Children, Child Prostitution and Child Pornography was ratified by India on September 16, 2005. This is t...

by Government of India Ministry of Women and Child Development | On 16 Sep 2011

Pakistan: 10 Year Banking Strategy Paper for the Banking Sector Reforms

This paper maps out a strategy for banking sector reforms over the next decade. It is formulated by the State Bank of Pakistan (SBP) and is centered on reforms involving the SBP. But the Banking Secto...

by State Bank of Pakistan SBP | On 15 Sep 2011

Vital Stats: Parliament in Monsoon Session 2011

In performance terms, the house fell significantly short of its initial plan. Proceedings were marred by disruptions – first on the issue of corruption and the detention of Anna Hazare, and later on t...

by Rohit Kumar | On 09 Sep 2011

Slower Growth in China: How Much of a Drag on the Global Economy?

China’s expected growth slowdown - from 10.3 per cent yoy in 2010 to 8.9 per cent this year and 8.3 per cent in 2012 - will impact the global economy. An in-depth look at how important China really is...

by Steffen Dyck | On 09 Sep 2011

Fertility Regulation in an Economic Crisis

Substantial international aid is spent reducing the cost of contraception in developing countries, as part of a larger effort to reduce global fertility and increase investment per child worldwide....

by Christopher McKelvey | On 09 Sep 2011

Comparison between the Lokpal Bill introduced in the Lok Sabha and the Jan Lokpal Bill

A note comparing the key features of the Lok Pal Bill, 2011 introduced on August 4, 2011 and the Bill prepared by civil society representatives in the Joint Drafting Committee. URL:[http://www.prsind...

by Parliamentary Research Service PRS | On 26 Aug 2011

The Jan Lokpal Bill, 2011

Bill to establish an independent authority to investigate offences under the Prevention of Corruption Act, 1988 to detect corruption by expeditious investigation and to prosecute offenders and to ensu...

by Parliamentary Research Service PRS | On 26 Aug 2011

Risks, Farmers’ Suicides and Agrarian Crisis in India: Is There A Way Out?

Poor returns to cultivation and absence of non-farm opportunities are indicative of the larger socio-economic malaise in rural India. This is accentuated by the multiple risks that the farmer faces...

by Srijit Mishra | On 23 Aug 2011

Technology in Banking- In Pursuit of Excellence

The contribution of technology to the Indian banking industry, the role played by IDRBT and the significance of banking technology awards, in fostering the technological developments of banks. Issues...

by Anand Sinha | On 23 Aug 2011

From Economic Meltdown to Social Crunch – Impact of the Global Economic Recession on Social Capital Building in Developing Countries and What We still Don't Know!

This paper draws on the experiences of the Far East Economic Crisis in 1998 and argues that: (1) the poor depended heavily on bonding social capital during the Crisis, but the crunch-point beyond wh...

by Sam Wong | On 22 Aug 2011

Identifying Systemically Important Financial Institutions (SIFIs)

In this study the analytical framework for identifying and benchmarking systemically important financial institutions is discussed. First, the main concepts underlying the SIFI definition are laid out...

by Christian Weistroffer | On 12 Aug 2011

Bond Market Development in Asia: An Empirical Analysis of Major Determinants

This study attempts to identity the major determinants of bond market development in Asian economies, through examining its relationship with selected key financial and economic factors, and to provid...

by Biswa Nath Bhattacharyay | On 10 Aug 2011

Historical Analysis Or Honest Reflection?

Review of Lost Years of the RSS by Sanjeev Kelkar; Sage India, New Delhi 2011, pp. 392, Rs 350.

by Nikhil Govind | On 05 Aug 2011

Treatment of Valuables as Capital Formation in India: Some Issues and Perspectives

As per UNSNA recommendations, valuables as a separate item had been introduced in the expenditure side of GDP. Since India is one of largest importer and user of gold for various purposes, this trea...

by Rakesh Kumar | On 04 Aug 2011

Financial Inclusion in India: A case-study of West Bengal

The study seeks to examine the extent of financial inclusion in West Bengal. It is observed from the study that although there has been an improvement in outreach activity in the banking sector, the...

by Sadhan Kumar Chattopadhyay | On 03 Aug 2011

Getting the Politics Right for the September 2011 UN High-Level Meeting on Noncommunicable Diseases

The UN General Assembly’s decision to convene a “high-level meeting on the prevention and control of noncommunicable diseases (NCDs) worldwide” in September 2011 creates a major, timely opportunity to...

by Devi Sridhar | On 02 Aug 2011

India’s Low Carbon Inclusive Growth Strategy

This paper reviews India.s low-carbon high growth inclusive policy initiatives, comments on their financial sustainability and environmental sustainability and suggests desirable changes. The focus...

by U. Sankar | On 29 Jul 2011

Government Mediated Program on Intensifying Industry-Academia Linkages for Human Resource Development; Experinces of an Innovative Model from TIFAC

The importance of academia- industry linkages for development of an economy is well recognized. With a view to make the higher technical education relevant, by forging and catalyzing functional link...

by Jancy Ayyaswamy | On 26 Jul 2011

Global Financial Crisis: Implications for Trade and Industrial Restructuring in India

This study investigates the impact of global crisis shocks on India’s trade and industry. Both panel data modeling and vector autoregression techniques are used to understand the dynamic effects of gl...

by Prabir De | On 22 Jul 2011

Final Report on the Functioning of Anganwadi Centres in Assam and Meghalya

In the states of Assam and Meghalaya the ICDS project has been in operation since 1980. Assam and Meghalaya have a total of 26,000 AWCs of which 2,218 are located in seven districts of Meghalaya and t...

by Government of India Ministry of Women and Child Development | On 19 Jul 2011

THE LOKPAL BILL, 2011

A bill to provide for the establishment of the institution of Lokpal to inquire into allegations of corruption against certain public functionaries and for matters connected therewith. URL:[http://www...

by Parliamentary Research Service PRS | On 19 Jul 2011

Mutual Funds and Market Development in India

A brief description of the role of Mutual Funds in money markets and government securities makets are provided. Some of the regulatory issues that arise are discussed. The role of Mutual Funds in fina...

by Subir Gokarn | On 08 Jul 2011

Barriers to Household Risk Management: Evidence from India

Why do many households remain exposed to large exogenous sources of non-systematic income risk? Why don’t financial markets develop to pool these risks? This paper uses a series of randomized field...

by Shawn Cole | On 06 Jul 2011

Fisher’s Equation: Some Methodological Doubts

The Fisher's equation has become a foundation stone of modern macroeconomic, monetary and financial theories. Here it is shown that despite the estabilished status of Fisher's equation, it stands on...

by Rajas Parchure | On 04 Jul 2011

Commons And Community: Evidence From Southwestern Tribal Belt Of Madhya Pradesh

Sah and Shah (2003) have shown that the incidence of poverty in the South-Western tribal belt of Madhya Pradesh is alarmingly high. About three fifths of the households in this tribal belt were catego...

by D.C. Sah | On 04 Jul 2011

New Sources of Development Finance: Funding the Millennium Development Goals

As a result of the Five Year Review of the World Summit for Social Development, the UN General Assembly in September 2000 adopted a resolution calling for 'a rigorous analysis of the advantages, disad...

by A. B. Atkinson | On 20 Jun 2011

Revenue Potential of Panchayats in Kerala

How much more taxes would it be possible for Panchayats in Kerala to collect? This question is important in deciding the financial allocations to such local governments. Information regarding this m...

by Centre for Development Studies | On 17 Jun 2011

Macroprudential Policies: Indian Experience

Reserve Bank of India (RBI) has been using macroprudential polices, more notably the countercyclical policies, since 2004 as a toolkit for ensuring financial stability though it had used them sporadic...

by Anand Sinha | On 16 Jun 2011

Report of the Working Group on Human Resource Policy for Short-Term Cooperative Credit Structure

For the revival of rural cooperative credit institutions, a Working Group was constituted by NABARD to formulate and suggest comprehensive human resource guidelines for the State Cooperative Bank (...

by National Bank for Agriculture and Rural Devt NABARD | On 15 Jun 2011

Frontier Issues on the Global Agenda- Emerging Economy Perspective

The article is a report of RBI Minister Duvvuri Subbarao on issuesing concerning the G-20 countries and also issues effecting all the countries collectively.

by Duvvuri Subbarao | On 13 Jun 2011

The Financial Crisis of 2008 and the Developing Countries

Following the financial crisis that broke in the US and other Western economies in late 2008, there is now serious concern about its impact on the developing countries. The world media almost daily...

by Wim Naudé | On 13 Jun 2011

Rethinking the Conceptual Foundations of Kerela's Decentralization in the Light of the Experience during the Past Decade

Though the decade-long decentralization in Kerala has made remarkable achievements in terms of consistent devolution of financial resources, and improvement in the implementation of poverty eradica...

by Centre for Womens Development Studies | On 10 Jun 2011

Non-financial Reporting – What, Why and How - Indian Perspective

The importance of non-financial reporting in the overall assessment of a company's performance, its risk-return trade off is steadily gaining ground, both globally and in India. [Address by Dr K. C...

by Chakrabarty K C | On 10 Jun 2011

India in the G20: Macroeconomic Policy Coordination, Regulation and Global Governance

The G20 has assumed a leading role in responding to the current financial crisis and reforming the international financial system. The G20 has emerged as the premier forum for the discussion of these...

by National Council of Applied Economic Research | On 08 Jun 2011

Globalization Crises, Trade, and Development in Vietnam

Vietnam has been among the most successful East Asian economies, especially in weathering the external shocks of recent globalization crises—the 1997-98 Asian financial crisis and the 2008-09 great...

by Philip Abbott | On 02 Jun 2011

China’s Housing Markets: Regulatory Interventions Mitigate Risk of Severe Bust

A closer look at the developments in 35 cities across China, looking for potential regional real estate bubbles. An assessment is done about the success of the various policies and their potential n...

by Ulrich Clemens | On 02 Jun 2011

Aid Supplies Over Time: Accounting for Heterogeneity, Trends, and Dynamics

The recent financial crisis has rekindled interest in the foreign aid supply behaviour of bilateral donors. Using the latest data covering the period 1960-2009, this paper examines how such behaviou...

by Sam Jones | On 01 Jun 2011

Hong Kong’s Linked Exchange Rate System

Hong Kong has had a linked exchange rate regime of one kind or another for most of its history as a trading and financial centre. In 1863 the Hong Kong Government declared the silver dollar – then a...

by Hong Kong Monetary Authority | On 27 May 2011

Trade Apprenticeship Training in India

The Indian economy was in the mode of globalization and liberalization. But global financial melt down and consequent economic recession in developed economies have clearly been a major factor in...

by Ministry of Labour and Employment | On 24 May 2011

Poverty, Inequality and Permeability to Globalisation Effects : A Study of Select Villages in Udalguri Subdivision of Assam

Globalisation is a concious and deliberate effort of a socio-economic system to permit the factors of production, the produce and the socio-economic forces to permeate across boundaries and remove any...

by S.K. Mishra | On 20 May 2011

Poverty and Inequality in Rural Assam : An Indicative Study of Seven Villages in Udalguri Subdivision

Failure of economic growth in reducing the number of people below poverty line and promotion of equality may raise questions as to the desirability of growth itself. The objective of this paper is...

by S.K. Mishra | On 19 May 2011

How to bring economics into the 3rd millennium by 2020

This paper argues four theses and outlines an action plan. 1. The Global Financial Collapse has created a climate among the intelligentsia - that strongly supports fundamental changes in economi...

by Edward Fullbrook | On 17 May 2011

Causes of Asset Shortages in Emerging Markets

In this paper it has been illustrated that emerging markets (EMs) face a shortage of financial assets, with financial assets not growing as rapidly as domestic savings. Then the asset shortage in EMs...

by Chen Jiaqian | On 17 May 2011

Towards Open and Equitable Access to Research and Knowledge for Development

Unequal access to and distribution of public knowledge is governed by Northern standards and is increasingly inappropriate in the age of the networked “Invisible College”. Academic journals remain the...

by Leslie Chan | On 14 May 2011

Bengal Diary: On the Eve of Change: SMS Updates of a West Bengal Tour, April 2011

A tour of West Bengal on the eve of the elections and the results, April 19 – 27, 2011, recorded by a young journalist-in-the-making in a collection of SMS messages.

by Kranti S. Bhatewara | On 13 May 2011

Impact and Sustainability of SHG Bank Linkage Programme

Microfinance programmes are known for their potential to generate income and employment and alleviate poverty in developing countries. They are considered for an important approach to poverty alleviat...

by National Council of Applied Economic Research | On 13 May 2011

Socio-economic Exclusion of Different Religious Communities in Meghalaya

Meghalaya is one of the prosperous states in the North Eastern region of India. Before Meghalaya was separated from Assam in the early 1970’s, its leading city, Shillong, was the capital of the er...

by S.K. Mishra | On 10 May 2011

What do you want from us?

In the past three years, two journalists for El Diario have been killed by drug-cartels and since 2000 more than 64 journalists have been killed throughout the country. The armed conflict between orga...

by Rocio Gallegos | On 08 May 2011

Non-Recourse Mortgages and Credit Market Breakdowns: A Framework for Policy Analysis

This paper illustrates that the legal structure of mortgage credit, in particular, its status in terms of recourse in foreclosure, can lead not only to the familiar problem of adverse selection ...

by Kaushik Basu | On 05 May 2011

Order of Business or The 4th Session of the National Assembly

This paper presents the agenda of the fourth session of the National Assembly of Bhutan. URL: [http://www.nab.gov.bt/publication/104TH%20SESSION%20AGENDA.pdf]

by National Assembly of Bhutan | On 05 May 2011

Deregulation of Savings Bank Deposit Interest Rate: A Discussion Paper

The paper is an attempt to deal with pros and cons of deregulating savings deposit interest rate and take on board the suggestions of various stakeholders for either maintaining the status quo or dere...

by Reserve Bank of India RBI | On 02 May 2011

Encounters

The Tarkunde Committee confirmed that the police and the government of Andhra Pradesh were involved in the cruel practice of committing planned murders and covering it up as encounter. It recommende...

by People's Union for Democratic Rights PUDR | On 28 Apr 2011

Tripura Budget 2011-12

Budget speech of Finance Minister.

by Government of Tripura | On 27 Apr 2011

Find Me the Money: Financing Climate and Other Global Public Goods

In this paper, four categories of existing resource-mobilization options are examined, including (1) transportation levies; (2) currency and financial transaction taxes; (3) capitalization of IMF S...

by Nancy Birdsall | On 21 Apr 2011

Did the Indian Capital Controls Work as a Tool of Macroeconomic Policy?

In 2010 and 2011, there has been a fresh wave of interest in cap- ital controls. India is one of the few large countries with a complex system of capital controls, and hence others an opportunity to...

by Ila Patnaik | On 21 Apr 2011

Himachal Pradesh Budget 2011-12

Budget Speech of the Finance Minister. URL: [http://admis.hp.nic.in/budget/Aspx/Anonymous/pdf/FS_Eng_2011.pdf]

by Himachal Pradesh Government of India | On 20 Apr 2011

Statement by Governor, RBI

There have been significant developments in the global economy since we met in the fall of 2010. The IMF too has moved on several fronts under its mandate which has strengthened its position in a chan...

by Duvvuri Subbarao | On 20 Apr 2011

Unique Identity Project in India: A Divine Dream or a Miscalculated Heroism?

This paper, tries to put the current Unique Identity Project (UID) project of India into a perspective to evaluate the set of issues and concerns, as pointed by various stakeholders and try to under...

by Rajanish Dass | On 19 Apr 2011

Do Local Elections in Non-Democracies Increase Accountability? Evidence from Rural China

Unique survey data is used to study whether the introduction of local elections in China made local leaders more accountable towards local constituents. A simple model is developed to predict the e...

by Monica Martinez Bravo | On 18 Apr 2011

Financial Transactions Taxes

This paper attempts to address both theoretical and practical considerations for a tax such as financial transactions taxes (FTT). It includes examples of FTT in the wider context, for example, on sto...

by Parthasarathi Shome | On 18 Apr 2011

A Policy Reponse to the Indian Micro-finance Crisis

Recent events in India have brought a fresh focus upon the problem of regulation in the field of micro-finance. This paper delineates the three distinct aspects where government needs to play a role...

by Renuka Sane | On 13 Apr 2011

Corruption Cases against Government Officials

The agitation led by Anna Hazare has focussed on the formation of a Lok Pal to address the issue of corruption. Some data on the existing systems of identifying and prosecuting cases of corruption a...

by Rohit Kumar | On 13 Apr 2011

The Lokpal Bill, 2010

A bill to provide for the establishment of the institution of Lokpal to inquire into allegations of corruption aganist public functionaries and for matters connected therewith.

by IRIS India IRIS | On 08 Apr 2011

Issues Related to the Lok Pal Bill

In January 2011, the government formed a Group of Ministers, chaired by Shri Pranab Mukherjee to suggest measures to tackle corruption, including examination of the proposal of a Lok Pal Bill.

by Kaushiki Sanyal | On 08 Apr 2011

Budget Speech

This paper presents the annual budget of the Goa Government containing the Annual Financial Statement. URL: [https://www.goa.gov.in/portalweb/login/budget_2011-12/speech.pdf]

by Goa Government | On 06 Apr 2011

Assam: Alienating the Natives

The issue of Bengali speaking Muslims has been brought up in Assam time and over again and this point has also been used at the time of elections to polarize the communities along religious lines.

by Ram Puniyani | On 05 Apr 2011

Budget 2011-12, Delhi

Budget speech by finance minister. URL: [http://delhi.gov.in/wps/wcm/connect/21d1f280463783518436871b84a2a7b0/CM+Speech+-+PRINT.pdf?MOD=AJPERES].

by Government of Delhi | On 30 Mar 2011

Request for Proposal for Selection of Consulting Agency

This paper presents a Solution Approach for Integrated Financial and Human Resource Management Systems for Government of Haryana. URL: [http://www.haryana.gov.in/misc/RFP_eGov_Consultant_IFMS_and_HRM...

by Government of Haryana | On 30 Mar 2011

Cabinet Approves Bill to Protect Children Against Sexual Crimes

The Union Cabinet on Thursday approved a watershed bill to protect children below the age of 16 against sexual offences, aimed at speedy trail through special courts and having a legal regime at par w...

by Chetan Chauhan | On 26 Mar 2011

Are Emerging Stock Markets Sideshows? Some Stylised Facts from an Emerging Economy, India

The article addresses one of the most important policy questions: what role do emerging stock markets play in influencing real decisions such as corporate private investment? In this article we pres...

by Saumitra N Bhaduri | On 18 Mar 2011

Banking and Beyond: New Challenges before Indian Financial System

A very basic and core issue for the Indian banking system and that is the challenge of achieving Financial Inclusion. Without being inclusive, financial and economic stability cannot be sustainable. F...

by Chakrabarty K C | On 17 Mar 2011

Do Interest Rates Matter? Credit Demand in the Dhaka Slums

The advent of microfinance lending in the last two decades has been hailed as a key development in the fight against poverty. The New York Times (1997), for example, on its editorial page, has promote...

by Rajeev Dehejia | On 17 Mar 2011

Budget 2011-12, Punjab

Budget speech by Finance minister. URL:[http://punjabgovt.nic.in/departments/Budget/budget/budget.htm].

by Government of Punjab | On 16 Mar 2011

Investment and Capital Market Imperfections: Some Evidence from a Developing Economy, India

The paper presents a switching regression model of investment decision, where the probability of a firm facing financial constraint is endogenously determined. The approach, therefore, obviates the...

by Saumitra N Bhaduri | On 11 Mar 2011

Future Role of Foreign Banks in Asia

Although the Asian Crisis has brought consensus on the necessity of strong domestic financial systems, there is less agreement as to the role of foreign banks in achieving the goals of economic grow...

by Heather Montgomery | On 10 Mar 2011

Brihanmumbai Municipal Corporation (BMC) Gender Budget 2011-12

The Corporation has decided to implement various schemes for females within the framework of its obligatory and discretionary functions as laid down in the M.M.C. Act. A step towards it, is a separat...

by Municipal Commissioner BMC | On 07 Mar 2011

Will it be Different this Time?

All proposals and policy measures in the forthcoming Budget may best be summed up as efforts to improve the sustainability of growth. Specific objectives are likely to be lowering inflation and defici...

by IRIS India IRIS | On 22 Feb 2011

Profitability of Foreign Banks vis-à-vis Other Bank Groups in India – A Panel Data Analysis

The paper analysed the financial performance of foreign banks in comparison with other bank groups in India. The study assumes importance in the context of the on-going preparation of roadmap for th...

by P B Rakhe | On 22 Feb 2011

Are Housing Prices Rising Too Fast in China?

Sharp increase in house prices combined with the extraordinary lending growth in Mainland China during 2009 has led to concerns of an emerging real estate bubble. We find that, for China as a whole...

by Ashvin Ahuja | On 19 Feb 2011

Central Bank Lessons from the Global Crisis

Nine preliminary lessons from the Great Recession for monetary and financial policies are presented. [3rd P. R. Brahmananda Memorial Lecture].

by Stanley Fischer | On 18 Feb 2011

Family Suicide in Kerala : An Explorative Study into Pattern , Determinants and Consequences

The paper is a study of the family suicide cases in Kerala. The aim of the study is to gather information about demographic details, method adopted and causes of suicides that happened in Kerala durin...

by K Praveenlal | On 16 Feb 2011

The Malaise of the Indian Financial System: The Need for Reforms

The world over, the financial sector is faced with adjustment problems of facing up to rapid changes in the environment. The Indian financial system cannot be immune to this universal phenomenon. What...

by S.S. Tarapore | On 16 Feb 2011

Evolving Regional Financial Architecture in East Asia

Ten years have passed since the Asian financial crisis that devastated not only the currency values and the financial systems of Indonesia, the Republic of Korea, Malaysia, and Thailand, but also t...

by Masahiro Kawai | On 16 Feb 2011

Key Principles Underlying the New Modes of Aid Governance in Asia

Based on the recent experience of several Asian developing countries and interviews in Vietnam, Indonesia and Laos with aid practitioners from donor institutions and Non Government Organizations (NGOs...

by Caroline Brassard | On 10 Feb 2011

Book Review: Last Man First

The late LC Jain’s new book titled Civil Disobedience: Two Freedom Struggles, One Life (The Book Review Literary Trust, Delhi, 2011, Rs. 375) illustrates how corruption has become the norm and ‘India...

by Nandana Reddy | On 10 Feb 2011

Moving from Them to Us: Challenges in Reframing Violence Among Youth

This paper describes framing and the challenges particular to the context of violence prevention, with the goal of moving youth violence from being understood primarily as a criminal justice issue dea...

by Lawrence Wallack | On 09 Feb 2011

Resolutions of the Sixth Session of the First Parliament of Bhutan

The following bills were resolved to be passed with corrections: The Child Care and Protection Bill; Penal Code Amendment Bill; Anti Corruption Act 2010; and others

by Jigme Tshultim | On 08 Feb 2011

Unregulated Entities, Products, and Markets: Challenges for Monitoring and Regulation

This policy brief examines hedge funds, private equity funds, and innovative financial products, particularly collateralized debt obligations and asset-backed securities, including their overall struc...

by Peter Morgan | On 08 Feb 2011

The Global Financial Crisis and Macroeconomic Policy Issues in Asia

The purpose of this policy brief is to draw lessons from the recent and ongoing macroeconomic policy experience of Asia’s economies. To do so, in each of three policy areas (monetary, fiscal, and e...

by Shinji Takagi | On 04 Feb 2011

Reforming the Indian Financial System

The key features of Indian finance is summarised. With a growing savings rate and a growing share of private corporate capital forma- tion, and with a high growth rate of GDP, Indian finance is rapi...

by Ajay Shah | On 03 Feb 2011

Rising Food Crisis and Financial Crisis in India:Impact on Women and Children and Ways of Tackling the Problem

The objective of the study is to examine the impact of rising food prices and financial crisis on the impact of women and children in India. It identifies the pathways for dealing with the effects of...

by S. Mahendra Dev | On 31 Jan 2011

Central-Bank Government Relationship in the Context of Emerging Economic Environment

This is a analysis of relationship between the Central Bank of Sir Lanka and the Sri lankan Government. It views the relationship in context of emerging economic environment and global economy.

by P. B. Jauasundera | On 30 Jan 2011

Industrial Policy of Assam 2008

At the time of India’s independence, Assam was relatively a land of plenty. It was not only among the better administered states, the per capita State Domestic Product was way above the average in the...

by Government of Assam | On 28 Jan 2011

The Assam Gazatte

The Governor of Assam is pleased to order to that the Information Technology Policy of Assam as enunciated in the enclosed document will come into force with effect from the date of publication in the...

by Government of Assam | On 28 Jan 2011

Presence of Foreign Banks in India

This discussion paper on the form of presence of foreign banks in India has been prepared taking into account, inter-alia, the lessons learnt from the recent global financial crisis and the practice...

by Reserve Bank of India | On 26 Jan 2011

Cost-benefit Analysis of CFPR

This paper presents a cost-benefit analysis of the first cohort (2002-03) of selected ultra poor (SUP) households of BRAC’s CFPR. The analysis calculates benefit of the programme using primary data...

by Sanjay Sinha | On 20 Jan 2011

Socioeconomic Divides in Tuberculosis Control: Study of Smear-Positive TB Prevalence, Care Seeking Behaviour and Role of Informal Healthcare Providers

The Government of Bangladesh (GoB) has intensified the implementation of the directly observed treatment, short-course (DOTS) strategy with the primary aims (i) to detect and treat at least 70% of T...

by Fazlul Karim | On 12 Jan 2011

The Report of the Thirteenth Finance Commission Conundrum in Conditionalities

The focus of this paper is to examine the approach of the Commission in regard to its Terms of Reference (ToR) and analyse the recommendations relating to its main task, namely tax devolution and gr...

by M Govinda Rao | On 07 Jan 2011

The Financial Deepening–Productivity Nexus in China: 1987–2001

The financial intermediation–growth nexus is a widely studied topic in the literature of development economics. Deepening financial intermediation may promote economic growth by mobilizing more...

by Jun Zhang | On 03 Jan 2011

Monetary Policy Considerations after the Crisis: Practitioners’ Perspectives

Economic stability can be seen as an essential component of any strategy for inclusive development. To the extent that central banks play a role in providing that stability, the experience of the cris...

by Subir Gokarn | On 21 Dec 2010

Response of Health System to Sexual Violence: An exploratory study of six health facilities in two districts of Maharashtra

Sexual violence is a highly stigmatising form of violence. Precisely because of this it is invisible to the public, policy makers and agencies that need to respond to it. The public health system is...

by Amita Pitre | On 20 Dec 2010

The State of the World's Children: Celebrating 20 Years of the Convention on the Rights of the Child

The Convention on the Rights of the Child (henceforth referred to as ‘the Convention’) was adopted by the UN General Assembly on 20 November 1989 and entered into force on 2 September 1990. It is t...

by United Nations Children's Fund UNICEF | On 17 Dec 2010

Integration of the Ultra Poor into Mainstream Development: How Effective is CFPR?

This paper aimed to understand the dynamics of participation of the TUP (Targeting the Ultra Poor) members of CFPR (Challenging the Frontiers of Poverty Reduction) phase I in the financial market sin...

by Raniya Shams | On 16 Dec 2010

Mid Term Appraisal for Eleventh Plan 2007-2012

The Mid Term Appraisal (MTA) reviews the experience in the first three years of the Eleventh Plan and seeks to identify areas where corrective steps may be needed. The Planning Commission has deci...

by Planning Commission, India | On 14 Dec 2010

The Future of Financial Liberalization in South Asia

The paper defines financial liberalization, distinguishing between liberalization of domestic financial markets and capital account convertibility. It then examines the stages and the strategy of Ind...

by Ashima Goyal | On 14 Dec 2010

The Change of the Financial System and Developmental State in Korea

This study examines the role of institutions and their change related to the rapid economic development and the 1997 Korean financial crisis. In Korea, the government built a state- led financial s...

by Kang-Kook Lee | On 13 Dec 2010

Policy Principles for Expanding Financial Access

Despite the rapid growth in finance worldwide over the past quarter- century—now interrupted by the global financial crisis—many low-income households and small firms remain excluded from access to...

by Centre for Global Development | On 10 Dec 2010

Consumer Confidence in Financial Markets

This paper makes an attempt to identify major factors, like currency forfeiting, loan default, capital shortfall, capital flight, etc which undermine consumer confidence in the financial services sect...

by Md. Kabir Ahmed Chowdhury | On 02 Dec 2010

Inequality, Corruption, and Competition in the Presence of Market Imperfections

In this paper they analyze the relation between inequality, corruption and competition in a developing economy context where markets are imperfect. They consider an economy where different types o...

by Indranil Dutta | On 02 Dec 2010

Thailand’s Commercial Banks’ Role in Financing Dams in Laos and the Case for Sustainable Banking

This paper puts forward the case for Thailand’s commercial banks to move towards more sustainable banking practices that proactively contribute towards socially and environmentally sustainable and j...

by Carl Middleton | On 25 Nov 2010

Budget for Children: A Summary Report 2004-05 to 2008-09

The study, offers a review of the Union Budget as well as the budgets of six states – Andhra Pradesh, Assam, Himachal Pradesh, Orissa, Uttar Pradesh and West Bengal- for a five year period of 2004-05...

by HAQ Centre for Child Rights HAQCRC | On 23 Nov 2010

Determinants of Trade Misinvoicing

Traditional explanations for trade misinvoicing -- high custom duties and weak domestic economies — are less persuasive in a world of high growth emerging markets who have low trade barriers. A 35- ...

by Ila Patnaik | On 22 Nov 2010

Mapping of Media (Print) Industry in the North East

A state-wise study of print media is done instead of taking the North Eastern region as a whole. Information about respective state's print media is given. The approach will also throw light on the di...

by Athikho Kaisii | On 22 Nov 2010

China in Africa: A Macroeconomic Perspective

In recent years, China has dramatically expanded its financing and foreign direct investment to Africa. This expansion has served the political and economic interests of China while providing Africa...

by Benedicte Vibe Christensen | On 15 Nov 2010

Korea’s Unemployment Insurance in the 1998 Asian Financial Crisis and Adjustments in the 2008 Global Financial Crisis

This paper analyzes the impacts of the 1998 and 2008 financial crises on the Korean labor market. They study the historical background of the Korean Employment Insurance System and the change of labor...

by Sung Teak Kim | On 04 Nov 2010

Prospects for Regional Cooperation between Latin America and the Caribbean Region and the Asia and Pacific Region: Perspective from East Asia

The Asia and Pacific region and Latin America and Caribbean region are two regions divided not only by vast geographic distance, but also by disparities in economics, politics, culture, and history. M...

by Erlinda M. Medalla | On 04 Nov 2010

Financial Turmoil in the Banking Sector and the Asian Lamfalussy Process: The Case of Four Economies

This paper investigates the prevailing financial regulatory structures and impact of the current financial turmoil on banking performance in four Asian economies: the People's Republic of China (PRC);...

by Chen-Min Hsu | On 03 Nov 2010

Solicited and Unsolicited Credit Ratings: A Global Perspective

They conducted a global study of the long-term issuer ratings of nonfinancial firms from Standard and Poor's Ratings Services (S&P) for the period 1998–2003. Specifically, they focused on the solicite...

by Winnie P. H. Poon | On 02 Nov 2010

Integration of India’s Financial Markets on the Domestic and International Fronts: An Emperical Analysis of the Post-Liberalisation Period. June 2010

Against the backdrop of financial liberalisation, this paper examines India’s financial integration, both on the domestic and international fronts. Preliminary analysis of the secondary data shows ...

by Gargi Sanati | On 29 Oct 2010

Private Financing Firms in Karnataka: A Boon for Tax Dodgers

The growth of government financial institutions in India both in terms of number of branches and quantum of credit has been impressive, especially in the post-blank nationalisation period. [Working Pa...

by D. Rajasekhar | On 23 Oct 2010

Financial Crisis and Crisis Management in Sweden. Lessons for Today

This paper gives an account of the Swedish financial crisis covering the period 1985–2000, dealing with financial deregulation and the boom in the late 1980s, the bust and the financial crisis in the...

by Lars Jonung | On 23 Oct 2010

Reform of the International Financial Architecture: An Asian Perspective

It has taken two crises—the Asian financial crisis of 1997-1998 and the global financial crisis of 2007-2009—for the international community to seriously focus on the reform of the international finan...

by Masahiro Kawai | On 23 Oct 2010

Political Economy of East Asian Regional Integration and Cooperation

In the last decade, East Asia has engaged in constructing numerous mechanisms to enhance regional cooperation in the areas of trade and finance. However, the region’s economic architecture exhibits ce...

by Saori N. Katada | On 21 Oct 2010

Report of the Evaluation Study on Hill Development Programme in Assam and West Bengal

The major objectives of the current evaluation study was to understand the approach and strategy for the implementation of Hill Area Development Programme (HADP) and analyze the "impact‟ of the...

by Planning Commission, India | On 20 Oct 2010

Prudential Discipline for Financial Firms: Micro, Macro, and Market Structures

The recent global financial crisis reflects numerous breakdowns in the prudential discipline of financial firms. This paper discusses ways to strengthen micro- and macroprudential supervision and...

by Larry D. Wall | On 18 Oct 2010

Fiscal Policy in the Crisis: Impact, Sustainability, and Long-Term Implications

The global economic and financial crisis has sparked an unprecedentedly large, generalized fiscal policy response in practically all major industrial and emerging economies, which will change the fi...

by Pier Carlo Padoan | On 15 Oct 2010

Impacts of the Global Financial Crisis on Small and Medium Enterprises in the People’s Republic of China

This paper conducts an in-depth analysis of the impacts of the global financial crisis on the People’s Republic of China’s (PRC’s) small and medium enterprises (SMEs). It also provides relevant policy...

by Xiangfeng Liu | On 15 Oct 2010

Developing Asian Local Currency Bond Markets: Why and How?

This paper examines the motivation for, and the success of, regional efforts in Asia to promote local currency bond markets. The analysis demonstrates that Asian local currency bond markets made sub...

by Mark M. Spiegel | On 14 Oct 2010

International Reserves and Swap Lines in Times of Financial Distress: Overview and Interpretations

In this paper I review the use of precautionary measures aimed at mitigating emerging markets’ exposure to fragility associated with financial integration. The discussion draws possible lessons from t...

by Joshua Aizenman | On 13 Oct 2010

The Financial Crisis: A Wake-Up Call for Strengthening Regional Monitoring of Financial Markets and Regional Coordination of Financial Sector Policies?

How much can regional monitoring of financial markets and coordination of financial sector policies contribute to preventing and mitigating financial crises? This paper reviews and compares the experi...

by Adalbert Winkler | On 13 Oct 2010

The Role of State Intervention in the Financial Sector: Crisis Prevention, Containment, and Resolution

This paper discusses the role of state intervention for prevention, containment, and resolution of financial crises based mainly on the Korean experience during the 1997 Asian financial crisis. Crises...

by Yoon Je Cho | On 12 Oct 2010

Birth of Women Dacoits A Case Study of U.P. and M.P.

A study of the women dacoits of the Chambal valley was undertaken to determine what special circumstances exist which pressurize women to take up dacoity, or whether these outlaws had a psychopathic d...

by Government of India Ministry of Women and Child Development | On 11 Oct 2010

Regional Monitoring of Capital Flows and Coordination of Financial Regulation: Stakes and Options for Asia

The ongoing global economic crisis has punished Asian economies severely, despite the fact that its origins derive from outside the region. The global economic crisis was transmitted through real and...

by Michael G. Plummer | On 11 Oct 2010

Securitized Products, Financial Regulation, and Systemic Risk

It is widely believed that the practice of securitization is one of the causes that led to the 2007–08 financial crisis. In this paper, I show that securitized products such as collateralized debt obl...

by Mariko Fujii | On 11 Oct 2010

Lessons from Japan’s Banking Crisis

The Japanese government’s response to the financial crisis in the 1990s was late, unprepared and insufficient; it failed to recognize the severity of the crisis, which developed slowly; faced no major...

by Mariko Fujii | On 08 Oct 2010

Transparency in Government Procurement

While in their purchase operations, as in all other activities, governments endeavour to maximise the use of scarce financial resources. Some of these objectives are to promote the development of a do...

by Anwarul Hoda | On 07 Oct 2010

Fiscal Policy Issues in Korea after the Current Crisis

This paper examines fiscal policy issues in the Republic of Korea (hereafter Korea) after the 2009 global financial crisis, including the timing of fiscal policy responses, the effectiveness of expans...

by Kiseok Hong | On 07 Oct 2010

Impact of Global Recession on Sustainable Development and Poverty Linkages

The global financial crisis and the resulting economic slowdown may be assumed to have at least the benefit of also reducing environmental degradation in the individual countries. This paper discu...

by Venkatachalam Anbumozhi | On 07 Oct 2010

Asia’s Role in the Global Financial Architecture

The global economic and financial landscape has been transformed over the past decade by the growing economic size and financial power of emerging economies. The new G20 summit process, which includes...

by Masahiro Kawai | On 05 Oct 2010

Measuring the Environmental Impacts of Changing Trade Patterns on the Poor

It is an empirical fact that it is very difficult to balance economic growth, poverty reduction, and environment protection, particularly for developing and transitional economies. While the economic...

by Kaliappa Kalirajan | On 04 Oct 2010

Risk-return Efficiency, Financial Distress Risk, and Bank Financial Strength Ratings

This paper investigates whether there is any consistency between banks’ financial strength ratings (bank rating) and their risk-return profiles. It is expected that banks with high ratings tend to ear...

by Changchun Hua | On 04 Oct 2010

Estimates of External Trade Flows of Kerela: (1975-76 and 1980-81)

Kerela is a region that is deeply integrated with the Indian and the world economy through various ways such as commodity flows, financial movements, labour migration and operations of national and in...

by T.M. Thomas Issac | On 01 Oct 2010

Emergence of Rating Agencies: Implications for Establishing a Regional Rating Agency in Asia

The present analysis sheds light on the setting up a regional rating agency in Asia in the wake of recent financial crisis. We investigate the policy facing a financial regulator while evaluat...

by Ying Yi Tsai | On 30 Sep 2010

The Role of the State in Managing and Forestalling Systemic Financial Crises: Some Issues and Perspectives

This paper reviews recent state interventions in financial crises and draws lessons for crisis management. A number of areas are identified where crisis management could be strengthened, including...

by Charles Adams | On 29 Sep 2010

Macro-prudential Approach to Regulation - Scope and Issues

It is being acknowledged that a macro prudential perspective is critical in designing and pursuing micro prudential regulation of institutions and markets. Two distinct but highly inter-related constr...

by Shyamala Gopinath | On 28 Sep 2010

Fiscal Policy Issues for India after the Global Financial Crisis (2008–2010)

The need for fiscal consolidation and sustainability is one of the key macroeconomic issues confronting Indian economy. This paper attempts to understand India’s current fiscal situation, its likely f...

by Rajiv Kumar | On 28 Sep 2010

Politics for winners

The Gandhi mother-son duo and the prime minister have come down on two sides of the land acquisition/environment debate. Manmohan Singh is focused on delivering 9 per cent economic growth; he sees a c...

by T.N. Ninan | On 24 Sep 2010

An Ethnography of Associational Life: Caste and Politics in India

In 1956 Susanne Rudolph and I arrived in India for the first of many research years there. We were among the second batch of Ford Foundation Foreign Area Training Fellows. As area scholars we were com...

by Lloyd I. Rudolf | On 15 Sep 2010

Intellectual Property Protection and the Licensing of Technology to Developing Countries

In this paper, the influence of stronger intellectual property protection on technology transfer into developing countries via licensing is analyzed. Using panel data for the post-TRIPs period 1995-20...

by Sunil Kanwar | On 09 Sep 2010

Measurement of Inflation in India: Issues and Associated Challenges for the Conduct of Monetary Policy

In India, there is a large divergence between CPI and WPI inflation trends in the past, wide dispersion in inflation across commodity groups within WPI, and significant volatility in headline WPI in...

by Nadhanael G V | On 08 Sep 2010

Asia and the IMF

This lecture series begins with a discussion of the reforms that have undertaken in the IMF since the mid-1990s, and particularly since the start of the Asian economic crisis. It concludes with a disc...

by Stanley Fischer | On 04 Aug 2010

European Views on Asia and Europe-Asian Relations

This paper examines in its first part, the views of leading European academics, politicians, lobbyists and opinion-makers on the issue of relations with Asia. The second part of this paper looks at...

by Venil Ramiah | On 29 Jul 2010

The Japanese Economy and Economic Policy in Light of the East Asian Financial Crisis

The depth and breadth of the East Asian financial crisis has added a sense of acute urgency for some concrete and credible measures by policy-makers to revitalise the Japanese economy. While steps...

by Ramkishen Rajan | On 23 Jul 2010

Sand in the Wheels of International Finance: Revisiting the Debate in Light of the East Asian Mayhem

The turmoil that has characterised the global financial markets since the 1990s, and particularly the crisis in East Asia, has generated a great deal of support for proposals to add some frictions t...

by Ramkishen Rajan | On 21 Jul 2010

Examining The Case For Reserve Pooling In East Asia: Empirical Analysis

Two features of East Asia’s recovery from the financial turmoil of 1997- 98 appear to be rather paradoxical. First, the regional economies (except Hong Kong, China and Malaysia) have allowed a relat...

by Ramkishen S. Rajan | On 20 Jul 2010

Unintended consequences?

The Reserve Bank of India (RBI) seems to have decided, somewhat belatedly, to fight for its own autonomy. Well, it’s better late than never, and there is much to recommend in the suggestion by RBI to...

by T.N. Ninan | On 14 Jul 2010

The State of the Indian Economy 2009-10

Despite signs of recovery from the global financial crisis, the GDP growth rate for the Indian economy is likely to be between 5.8 to 6.1 per cent in 2009-10, below the 6.7 per cent recorded in fisc...

by Mathew Joseph | On 14 Jul 2010

Board seat, anyone?

This editorial is about the difficulty of finding suitable candidates for board seats.

by T.N. Ninan | On 28 Jun 2010

How they don't deal with it

This article deals with the arrest of chief executive of BP, Tony Hayward, on the charge of “culpable homicide reducible to criminal negligence”.

by T.N. Ninan | On 21 Jun 2010

The Currency and Financial Crisis in Southeast Asia: A Case of 'Sudden Death' or Death Foretold'?

Almost all existing studies on the causes, consequences and policy implications of the economic and financial crisis faced by East Asia have provided only a cursory discussion of broad data at best,...

by Ramkishen Rajan | On 18 Jun 2010

The Exchange Rate Regime in Asia: From Crisis to Crisis

Prior to the Asian financial crisis, most Asian exchange rates were de facto pegged to the US Dollar. In the crisis, many economies experienced a brief period of extreme flexibility. A `fear of float...

by Ila Patnaik | On 18 Jun 2010

Analyzing Corruption Possibilities in the Gaze of the Media

In this paper analyze the economic incentives that govern the strategic relationship between the government and the independent media has been analysed using a consistent analytical framework.The an...

by Samarth Vaidya | On 17 Jun 2010

Providing Microfinance and Social Space to Empower Adolescent Girls: An Evaluation of BRAC’s ELA Centres

Lately there has been a surge in the variety of approaches to assist the adolescents, specially the girls, in building up their lives and livelihoods. With financial assistance from Nike Foundation,...

by Rizwana Shahnaz | On 10 Jun 2010

Instability at the Gate: India’s Troubled Northeast and its External Connections

This paper intends first to give a brief overview of the rise and growth of some of those separatist groups, with a special focus on the Nagas, the Mizos and the Assam movement. An analysis of the de...

by Renaud Egreteau | On 10 Jun 2010

Measuring Discrimination in Education

In this paper, a methodology to measure discrimination in educational contexts is illustrated. In India, exam competition is run through which children compete for a large financial prize and teachers...

by Rema Hanna | On 08 Jun 2010

Trade in Financial Services: India's Opportunities and Constraints

This paper analyzes the prospects for liberalizing financial services under the GATS, in view of India’s interests and concerns in this sector. The paper consists of seven sections. Section 2 discuss...

by Rupa Chanda | On 03 Jun 2010

The Importance of Being Wanted

We identify birth wantedness as a source of better child outcomes. In Vietnam, the year of birth is widely believed to determine success. As a result, cohorts born in auspicious years are 12 percent l...

by Quy-Toan Do | On 02 Jun 2010

Which Asia?

Is Asia a cohesive analytical unit in any practical sense?

by T.N. Ninan | On 17 May 2010

Book Review: Of Space and 'Spatialities'

Review of Spatialising Politics: Culture and Geography in Postcolonial Sri Lanka. Catherine Brun and Tariq Jazeel (Editors). Sage Publications, New Delhi; 2009, 260 pp, Rs. 695.

by Anandi Dantas | On 04 May 2010

Women Safety in Delhi

This paper attempts to question the state of ‘women community” at large with situation depicting the growing rate of crime, oppression and subjugation which is historically unprecedented and its re-...

by Chitra Mishra | On 03 May 2010

Commonwealth Games 2010: Displacement of Persons

This research paper analyses Government policy with regard to Jhuggi-Jhopri clusters- a particular type of housing present in Delhi. These colonies are perceived to be illegal by the Government. Wit...

by Eshaan Puri | On 13 Apr 2010

Implementation of Monetary Policy in India

How does the Reserve Bank of India implement monetary policy? The objectives and framework of monetary policy, as they have evolved, the operational aspects of monetary policy have been discussed. Th...

by Deepak Mohanty | On 08 Apr 2010

Regulatory Structure for Financial Stability and Development

Stricter regulatory surveillance in emerging market economies (EMEs) largely insulated their financial systems from the crisis. Development and convergence of regulatory apparatus has been rapid. In...

by Ashima Goyal | On 29 Mar 2010

The Impact of the Commonwealth Games 2010 on Urban Development of Delhi -An Analysis with a Historical Perspective from Worldwide Experiences and the 1982 Asian Games

The paper raises some hard questions that need to be answered before one can conclude that events such as Common Wealth Games has a positive effect on the host community. Can the financial requirement...

by Vinayak Uppal | On 23 Mar 2010

Karnataka Budget 2010-11

Budget speech by finance minister of Karnataka

by Government of Karnataka GoK | On 05 Mar 2010

State Business Relations and Performance of Manufacturing Sector in Andhra Pradesh

In this paper, an attempt is made to enquire into the politics of the government and business relation and how it affects the industrial development in general and expansion of manufacturing sector...

by Alivelu G | On 02 Mar 2010

State Aid and Competition in Banking: The Case of China in the Late Nineties

A reduced form model where banks can pursue other goals than profit maximization is presented. This allows us to test for behavioral changes of banks over time. This model provides a framework to e...

by Xiaoqiang Cheng | On 23 Feb 2010

Many Worlds of Dak Vachan: Proverbial Knowledge and the History of Rain and Weather

This paper is about deconstructing the middle class perception of the domain of the ‘folk’ in this region. With these questions, the paper sets out an agenda for writing the history of rain and weat...

by Sadan Jha | On 16 Feb 2010

Health and Healthcare in Assam-A Status Report

This report is a comprehensive and analytical compilation of health care development of Assam bringing together all available information and data on health and health care.

by Indranee Dutta | On 09 Feb 2010

Competitiveness of Firms in Indian Automobile Industry

The competitiveness among the firms in Indian automobile industry has been assessed by understanding the factors that determine its competitive advantage. The efforts have been made to construct a com...

by G Burange | On 05 Feb 2010

Transparency and Accountability in Employment Programmes The case of NREGA in Andhra Pradesh

Based upon several field visits to the state of Andhra Pradesh to observe and analyse the social audit process initiated by the Government of Andhra Pradesh under the National Rural Employment Guaran...

by Neera Burra | On 04 Feb 2010

Third Quarter Review of Monetary Policy 2009-10

The Reserve Bank has pursued an accommodative monetary policy beginning mid-September 2008 in order to mitigate the adverse impact of the global financial crisis on the Indian economy. The measures ta...

by D Subbarao | On 29 Jan 2010

Book Review: Microfinance-Is it a means of Empowering Women?

Multiple Meanings of Money: How Women See Microfinance by Smita Premchander, V. Prameela, M. Chidambaranathan, L. JeyaseelanSage publication, 2009, Pp 264, Rs. 595/-

by Sanchita Das | On 20 Jan 2010

Can Global De-Carbonization Inhibit Developing Country Industrialization?

In this paper, we seek to make a twofold contribution. On outcomes, we focus on manufacturing exports as well as on manufacturing output both in the aggregate and in selected sectors. On policy, the i...

by Aaditya Mattoo | On 19 Jan 2010

Why India Choked when Lehman Broke

India has an elaborate system of capital controls which impede cap- ital mobility and particularly short-term debt. Yet, when the global money market fell into turmoil after the bankruptcy of Lehman...

by Ila Patnaik | On 19 Jan 2010

A Marketing Scheme for Making Money off Innocent People: A User’s Manual

Firms often give away free goods with the product that they sell. Firms often give stock options to their top management and other employees. Mixing these two practices—giving stock options to consu...

by Kaushik Basu | On 15 Dec 2009

Accounting for Results: Ensuring Transparency and Accountability in Financing for Climate Change

This brief seeks to address questions on how the funds are collected, dsitributes at the international level, mechanisms to ensure that the recipient countries are managing the funds in a transparent...

by Athena Ballesteros | On 15 Dec 2009

Democratic Citizenship: From Proportionality to a Continuum Approach to Political Participation

This paper is an attempt to explore the meaning and significance of political participation within (a) the conceptual framework of democratic citizenship and (b) debates surrounding representative d...

by Anupama Roy | On 10 Dec 2009

Should Banking Be Made Boring? - An Indian Perspective

Ills of the banking system that caused the crisis. An extensive analysis of the causes is given. A brief synopsis to provide a backdrop for the ‘boring banking’ discussion is given. [Speech at the Int...

by Duvvuri Subbarao | On 25 Nov 2009

No One Barked

No reponse form the policies that the government is announcing

by T.N. Ninan | On 20 Nov 2009

Women in Self Help Groups and Panchayti Raj Institutions: Suggesting Synergistic Linkages

Questions about the processes of empowerment generated under each of these interventions and also suggests synergistic linkages between the two are raised.

by Joy Deshmukh Ranadive | On 13 Nov 2009

Track Record of Financial Institutions in Assisting the Poor in Asia

A variety of institutional forms of microfinance are being introduced in Asia including by the ADB-and financial institutions pursue different objectives, so it is difficult to assess how well micro...

by Richard L Meyer | On 13 Nov 2009

Government vs Weather The True Story of Crop Insurance in India

The government of India started offering widespread crop in insurance in 1985, with the Comprehensive Crop Insurance Scheme. The CCIS has been replaced by the National Agriculture Insurance Scheme....

by Jennifer Ifft | On 06 Nov 2009

Philosophy and Practice of Financial Sector Regulation – Space for Unorthodoxy

Evolution of the financial sector regulation in India, particularly focusing on the elements of the policy framework which have contributed to the broader stability in the financial sector is depicted...

by Shyamala Gopinath | On 05 Nov 2009

The Deluge of Debt: Understanding the Financial Needs of Poor Households

This paper is about the financial lives of poor households. It examines the different sources of income and expenditure of the poor households residing in a coastal settlement in Kerala. The method...

by B. S. Suran | On 29 Oct 2009

Second Quarter Review of Monetary Policy 2009 -10

The repo rate has been kept unchanged at 4.75%. The reverse repo rate left steady at 3.25%. The bank rate has been retained unchanged at 6.0%. The cash reserve ratio (CRR) of scheduled banks has been...

by D Subbarao | On 27 Oct 2009

Global Nutrition Institutions: Is There an Appetite for Change?

This paper describes the major institutional weaknesses in global nutrition and presents two recommendations to address the joint problems of incoherence, lack of institutional leaders, and persistent...

by Ruth Levine | On 27 Oct 2009

Learning from Crises

Recollect and recount lessons from crises. The key lessons are how to anticipate and take pre-emptive action and equally important, once you are in the middle of it, how to respond effectively namely,...

by Usha Thorat | On 22 Oct 2009

Climate Change and China: Technology, Market and Beyond

The paper discusses the impacts of climate change to the environment of China and most especially to the livelihood of Chinese people there. It analyzed the Chinese government’s position and enumerate...

by Dale Jiajun Wen | On 16 Oct 2009

Emerging Market Concerns: An Indian Perspective

From the perspective of Emerging Market Economies (EMEs) and particularly for that of India, five concerns are expressed. These are: first, timing of exit from the accommodative monetary policy in the...

by D Subbarao | On 15 Oct 2009

Emerging Asia's Middle Class-A Force to be Reckoned With

The emergence of a large and dynamic middle class raises Asia’s profile as an attractive market destination for products ranging from consumer goods to financial services. There are even hopes that th...

by Steffen Dyck | On 06 Oct 2009

New Financiers and the Environment: Ten Perspectives on How Financial Institutions can Protect the Enviornment

This new report discusses the experience with environmental standards and how it can be useful for new financiers. It contains ten papers written by experts from civil society, financial institutions...

by International Rivers Network IRN | On 01 Oct 2009

Size, Efficiency and Financial Reforms in Indian Banking

The study seeks to answer two very basic questions in the Indian context: first, are there economies of scale and scope in Indian banking? In other words, are bigger banks better for India? And, se...

by Pradeep Srivastava | On 23 Sep 2009

Chronic Poverty and Development Policy in Sri Lanka: Overview Study

The present study attempts to capture chronic poverty in Sri Lanka by examining general information on poverty and drawing conclusions on those who are likely to be among the chronic poor. Certain p...

by Indra Tudawe | On 17 Sep 2009

The Afghan Economy After the Election

There were many challenges involved in the conduct of the elections. For example, the people had to cast votes among 16 presidential candidates (2 candidates withdrew two days before the elections) i...

by Manabu Fujimura | On 17 Sep 2009

What Is the Impact of the Global Financial Crisis on the Banking System in East Asia?

This paper assesses the condition and outlook of the financial sectors—in particular, the banking sector—in the East Asia region in the aftermath of the current global financial crisis. The risks in t...

by Michael Pomerleano | On 07 Sep 2009

Ethics and the World of Finance

How do we, as individuals, approach issues of ethics and values? Are our approaches different in our personal and professional lives? Are issues of ethics different in the financial sector? What are t...

by Duvvuri Subbarao | On 02 Sep 2009

A Simple Model of the Financial Crisis of 2007-9 with Implications for the Design of a Stimulus Package

The financial crisis of 2007-09 began as a local problem in the mortgage finance market in the United States and Europe but, within months, escalated into a general global financial crisis, resulting...

by Kaushik Basu | On 17 Aug 2009

Technology, Financial Inclusion and Role of Urban Cooperative Banks

The focus should be to simplify the technology which can operate on any platform. The technology solution to the business needs should be user-friendly without much third-party or IT vendor interventi...

by Chakrabarty K C | On 11 Aug 2009

Village Development Boards (VDBs) in Nagaland

The article describes the constitution and functions of Village Development Boards (VDBs) in NAGALAND where VDBs are considered as “Financial Intermediaries” or “Non-Banking Financial Intermediaries”....

by Karmakar K G | On 06 Aug 2009

Hong Kong's Banks During the Financial Crisis

Despite the negative impact of the current crisis and many remaining uncertainties about the actual economic recovery path, the medium-term outlook for Hong Kong’s banks remains favourable.

by Robert Mülhaupt | On 15 Jul 2009

Impact of Global Financial Crisis on Reserve Bank of India (RBI) as a National Regulator

The multi-dimensional role of RBI and how it reponded to the financial crisis is depicted in the presentation. [Presentation made at the 56th EXCOM Meeting and FinPower CEO Forum organised by APRACA a...

by Usha Thorat | On 15 Jul 2009

Global Financial Architecture: Past and Present Arguments, Advice, Action

In the context of the formation of G-20, the paper points out the absence of reform in the global financial architecture (GFA) after the East Asian crisis, and assesses factors that can improve the ch...

by Ashima Goyal | On 15 Jul 2009

A Status Report on India’s Financial System: A view from the Standpoint of Intermediation and Risk Bearing

The paper seeks to analyse and discuss the impact of financial reform and related institutional change on the process of financial intermediation. In effect reforms stood the earlier quantity driven...

by Chakrabarti B.B. | On 09 Jul 2009

Financialization of Capital - Deterioration of Working Conditions

This paper addresses the issue of establishing a regulatory regime along the production, supply and value chains of multinational corporations in terms of setting labor standards and protecting worker...

by Fichter Michael | On 08 Jul 2009

Labour and Trade Unions in the Financial Sector: Challenges and Perspectives in Contemporary Brazil

The configuration of the liquid wealth involved a reorganization of society and the financial system with on labour and trade union organization in Brazil. The changes involved the redefinition of the...

by Jose Ricrado Goncalves | On 06 Jul 2009

Privatized Retirement And how the Current Crisis has Worsen Worker’s Losses

The debate around retrenchment of pension systems became really popular in the 1990’s after the pioneering experience of Chile in 1981.The disastrous outcomes of the Chilean reform were widely known b...

by Camila Gripp | On 04 Jul 2009

Report of the Internal Working Group on Debt Management

Establishing a debt management office would consolidate all debt management functions in a single agency, and be the catalyst for wider institutional reform and transparency about public debt. It is i...

by Ministry of Finance | On 04 Jul 2009

Emerging Contours of Financial Regulation: Challenges and Dynamics

The paper attempts to analyse the emerging contours of regulation of financial institutions with an emphasis on the emerging challenges and dynamics. [Paper prepared for Financial Stability Review of...

by Rakesh Mohan | On 29 Jun 2009

Preliminary Note on Financial Crisis and Trade and Investment Treaties

North-South free trade agreements (FTAs), bilateral investment treaties (BITs) and World Trade Organization (WTO) commitments often contain a number of provisions that can increase the likelihood of a...

by Third World Network | On 28 Jun 2009

Measuring Inflationary Pressure in Bangladesh: The P-Star Approach

The paper estimates the P* model for Bangladesh economy and test its forecasting ability through generating recursive forecasts. The empirical result shows that the model performs relatively well and...

by Mustafa. K. Mujeri | On 27 Jun 2009

Crises, Capital Controls, and Financial Integration

This paper analyzes the effects of capital controls and crises on financial integration, using stocks from emerging economies that trade in both domestic and international markets. The cross market p...

by Eduardo Yeyati | On 27 Jun 2009

Is the BDP Ultra Poor Approach Working? Survey of Some Key Issues

The objectives of this paper are to assess the knowledge retention on IGA training, and to explore the quality of participation in financial and non-financial services by the BDP ultra poor. We found...

by Proloy Barua | On 25 Jun 2009

Crime, City and Space: A Case of Mumbai Megapolis

The present study has been an attempt to examine spatial distribution of various forms of crimes in Mumbai city (Municipal Corporation) and find out their correlates. More specifically the attempts ha...

by Abdul Shaban | On 23 Jun 2009

City, Crime and Space: A Case of Mumbai Megapolis

The present study has been an attempt to examine spatial distribution of various forms of crimes in Mumbai city (Municipal Corporation) and find out their correlates. More specifically the attempts ha...

by | On 23 Jun 2009

Access to Banking Services and Poverty Reduction: A State-wise Assessment in India

Financial inclusion is the broad based delivery of banking and other financial services at affordable cost to the poorest sections of the society. In India, financial inclusion emphasizes to include m...

by Amit. K. Bhandari | On 16 Jun 2009

Disentangling the Global Financial Crisis: A Review of the Global Response

At this moment, the world is undergoing the worst economic crisis since the Great Depression of 1930s. It is not clear exactly which factors instigated the crisis, but there are many candidates; the f...

by H. N. Thenuwara | On 15 Jun 2009

Financial Development and Velocity of Money in Bangladesh: A Vector Auto- Regression Analysis

The study uses co-integration and vector auto-regression (VAR) techniques to identify the determinants of income velocity of money (VM) in Bangladesh, covering both narrow and broad money. The study o...

by Md. Akhtaruzzaman | On 15 Jun 2009

Employment Promoting Growth in Bangladesh: Monetary and Financial Sector Issues

Although economic growth has improved in recent years in Bangladesh, the better economic performance has not translated into satisfactory poverty reduction. The type of growth that matters Bangladesh...

by Mustafa. K. Mujeri | On 15 Jun 2009

Financing Long Term Investments in Bangladesh: Capital Market Development Issues

There has been an increase in the demand for infrastructure services and opening up of the infrastructure sector for private investment. As a result, a large number of financial intermediaries and pri...

by Mustafa. K. Mujeri | On 15 Jun 2009

Foreign Exchange Liberalization: Perceptions, Realities and Way Forward

The article focuses on understanding of the economics of the exchange control liberalisation in macroeconomic perspectives and, therefore, the article does not attempt to interpret or explore the lega...

by P Samarasiri | On 12 Jun 2009

India’s Approach to Capital Account Liberalization

In this paper, the author analyzes India’s approach to capital account liberalization through the lens of the new literature on financial globalization. India’s authorities have taken a cautious and c...

by Eswar S. Prasad | On 09 Jun 2009

Risk Management in the Midst of the Global Financial Crisis

The global economy is passing through its deepest financial and economic crisis of our time. Protecting the Indian economy from the worst impact of the crisis has been a big challenge for the governme...

by D Subbarao | On 08 Jun 2009

Health Economics for Developing Countries: A Survival Kit

Health economics is increasingly recognized as a discipline that has much to offer developing countries in addressing these problems, but how can it help? What economic concepts and tools can be appli...

by Anne Mills | On 04 Jun 2009

Corruption Dynamics: The Golden Goose Effect

Development scholars view corruption as a leading cause of persistent poverty in less development countries. The paper mainly studies dynamic incentives for corruption in one of the world’s largest pu...

by Paul Niehaus | On 03 Jun 2009

Making the Punishment Fit the Crime or Taliban Justice? Optimal Penalties without Commitment

This paper argues that graduated penalties observed in most legal systems may be an attempt to direct law enforcement efforts towards crimes that are socially more harmful, thereby achieving better de...

by Parikshit Ghosh | On 03 Jun 2009

Trading our Way Out of the Financial Crisis: The Need for WTO Reform

In the context of the deepening global crisis that is pushing millions more women, children, and men into poverty in developing countries, development should be the centerpiece of reforming the global...

by Kevin P. Gallagher | On 29 May 2009

Performance and Development Effectiveness of the Sardar Sarovar Project

The study was undertaken with the objective to review and analyse the costs and benefits of the Sardar Sarovar Dam at this stage, when efforts are being made to complete the last leg of the dam, rai...

by Tata Institue of Social Sciences TISS | On 26 May 2009

Risk Management Lessons from the Global Financial Crisis

During the global financial turmoil of 2007 and 2008, no major derivative clearing house in the world encountered distress while many banks were pushed to the brink and beyond. An important reason for...

by Jayanth R Varma | On 26 May 2009

Information Technology and Banking – A Continuing Agenda

Speech is about the role of IT in the Indian financial sector [Keynote address at the Banking Technology Awards 2008 of the Institute for Development & Research in Banking Technology, Hyderabad].

by D Subbarao | On 25 May 2009

Insecurities of the Old and Marginalized: Inflation, Oil Shocks, Financial Crisis and Social Security

The paper examines the impact of recent inflation and financial shocks on the vulnerable, and explores policy design to reduce both future shocks and vulnerability to shocks. Inflation affects the typ...

by Ashima Goyal | On 22 May 2009

Managing Prolonged Low Fertility: The Case of Singapore

This paper analyzes Singapore’s multi-pronged approach to managing prolonged low fertility which has led to population aging, labor force shortages, increasing elderly dependency ratios, and feminizat...

by Mukul. G Asher | On 15 May 2009

The Asian “Noodle Bowl”:Is It Serious for Business?

A lively debate is taking place over the impact of free trade agreements (FTAs) on East Asia's business between those who view the agreements as a harmful Asian "noodle bowl"—i.e., overlapping regiona...

by Masahiro Kawai | On 13 May 2009

The Two Waves of Service-Sector Growth

This paper will hopefully provide an important methodological tool for all researchers who may be attempting to analyze and explain the growth of the service sector and its share in the Indian GDP o...

by Barry Eichengreen | On 08 May 2009

Globalisation Produces Good Outcomes, Enhance Them: Prof Bhagwati

This paper talks of good outcomes of Globalisation which needs to be further inproved wherein Institutional response mechanisms should be designed to address any problems that may arise in specific ar...

by Jagdish Bhagwati | On 03 May 2009

Global Financial Crisis: Causes, Consequences and India’s Prospects

Presentation shows the global financial crisis, the difference between US, Europe and India, RBI’s policy response and impact, lessons from the crisis, medium-term issues and challenges. [Speech deliv...

by Rakesh Mohan | On 29 Apr 2009

Economic Growth, Governance and Voting Behaviour: an Application to Indian Elections

The focus of this paper is on the potential economic factors underlying voter behaviour in a democracy. It develops a simplified model based on economic theory (welfare & conditional probabilities)...

by Arvind Virmani | On 28 Apr 2009

Controlling Money and Politics – An Exercise in Damage Control

In many countries political financial regulations have been introduced.

by Marcin Walecki | On 28 Apr 2009

Supporting Youth at Risk: A Policy Toolkit for Middle-Income Countries

Youth at risk can be defined as individuals between the ages of 12 and 24 who face “environmental, social, and family conditions that hinder their personal development and their successful integration...

by World Bank | On 25 Apr 2009

Essential Drugs in Government Healthcare: Emerging Model of Procurement and Supply

This paper details the procedures adopted by the Tamil Nadu Medical Services Corporation in procuring and supplying essential drugs to the government health care which is a positive measure in ensurin...

by Lalitha N | On 22 Apr 2009

Vote-Buying and Reciprocity

In this paper, how social preferences overcome the commitment problems implicit in vote-buying is examined. Data used for the study is a survey information on vote-buying experienced in a 2006 munici...

by Frederico Finan | On 03 Apr 2009

EC Controversy: What are the Issues? EC Controversy: What Are the Issues

A comprehensive and logically rigorous analysis of the issues raised by the recommendation of the Chief Election Commissioner N.Gopalaswami for the removal of Election Commissioner Navin Chawla, the...

by Ramaswamy R. Iyer | On 03 Apr 2009

Budget 2009-10, Orissa

Budget speech of finance minister

by Orissa Government | On 13 Mar 2009

Impact of the Global Financial Crisis on India Collateral Damage and Response

The impact of economic crisis on India has been analysed in the speech. [Speech delivered at the Symposium on 'The Global Economic Crisis and Challenges for the Asian Economy in a Changing World'].

by Duvvuri Subbarao | On 24 Feb 2009

Voices from the South: The Impact of the Financial Crise

Twenty-one thinkers, academics and policymakers from 14 developing countries present snapshot views of how the financial crisis is affecting their countries

by Globalisation Team IDS | On 31 Jan 2009

Fiscal Federalism, State Lobbying and Discretionary Finance in India

The paper attempts to construct political influence variables and explain discrepancies in fund disbursement through proper econometric specification in the Indian context.

by Rongili Biswas | On 21 Jan 2009

Some Reflections on the Recent Global Financial Turmoil – an Indian Perspective

The speech tries to underline some lessones that be drawn from the financial crisis relevant to regulation, financial markets and the market infrastructure and to reflect on these. [Annual Conference...

by Shyamala Gopinath | On 15 Jan 2009

States Reorganisation: Contemporary Concerns

Language alone can no longer be the basis for division of states. Issues such as size, governance, economic viability and recognition of new identities are equally important to consider the demands f...

by Asha Sarangi | On 14 Jan 2009

Does Timing of Elections Instigate Riots? A Subnational Study of 16 Indian States, 1958-2004

Whether timing of the elections leads to riots or not within India. In other words, does timing of elections instigate riots? Using time series crosssectional data for 16 major Indian states for the...

by Krishna Chaitanya Vadlamannati | On 09 Jan 2009

Indian Railways in the Past Twenty Years Issues, Performance and Challenges

To understand the development process of Indian Railway’s over the past twenty years, the study covers issues and strategies related to financial and physical aspects of revenue generating freight and...

by G. Raghuram | On 06 Jan 2009

Report on the GLobal Financial Crisis and Kerala Economy: Impact and Mitigation Measures

This preliminary report has been prepared with a view to assist the state government in understanding the implications of the crisis, so that appropriate policies and programmes could be chalked to de...

by Centre for Development Studies CDS | On 02 Jan 2009

Development of What? An Exposition of the Politics of Development Economics

The present paper aims at driving home a hitherto-neglected and perhaps often muted (but important) point, namely, that the confusions and identity crisis that had gripped development economics in th...

by Arup Maharatna | On 31 Dec 2008

The Global Financial Turmoil and Challenges for the Indian Economy

Perspective on the current global turmoil, its impact on India, the outlook for the Indian economy and the challenges that lie ahead for the Indian banking system, in particular. [Speech delivered at...

by D Subbarao | On 19 Dec 2008

Reducing Currency and Maturity Mismatch

The main objectives of this report are to identify and propose policies, factors and conditions that could mitigate or avoid double mismatches. policies here means any course of action pursued and ad...

by Khee-Giap Tan | On 19 Dec 2008

Mitigating Spillovers and Contagion Lessons from the Global Financial Crisis

The speech mainly throws light upon the impact of financial crisis on emrging economies particulary India. [Speech delivered at Reserve Bank of India at the RBI-BIS Seminar at Hyderabad].

by Duvvuri Subbarao | On 05 Dec 2008

Reporting on Violence: New Ideas for Television, Print and Web

This handbook gives information about violence like domestic or family violence and youth violence. It also provides suggestions to public health departments on the ways to deal with such crimes. Addi...

by Jane Ellen Stevens | On 04 Dec 2008

Controlling Money and Politics – An Exercise in Damage Control

Whether there should be transparency in political finance? Whether there should be a control over the money that the political parties are receiving?

by Marcin Walecki | On 04 Dec 2008

The Role of Fiscal and Monetary Policies in Sustaining Growth with Stability in India

This paper focuses on the role of fiscal and monetary policies in the evolution of the Indian economy over the years, with particular attention being given to the reforms undertaken in these policies...

by Rakesh Mohan | On 28 Nov 2008

Contemporary International and Domestic Banking Developments and the Emerging Challenges

A broad overview, from the Indian perspective, of the factors underlying the credit market crisis in the west, the implications of the crisis for the financial sector, lessons learnt from it, the var...

by Leeladhar V | On 25 Nov 2008

Performance of Indian Cement Industry: The Competitive Landscape

The competitiveness among the firms in Indian cement industry has also been evaluated. For the year 2006-07, out of the sample of seventeen firms (90.21% of the total market share), about 47% have re...

by G Burange | On 19 Nov 2008

FEER, November 2008: Contents

Can Asia Consume A Way Out of Crisis? Hugo Restall, editor of the REVIEW, looks at the prospects of Asian governments' efforts to jump start domestic demand through Keynesian stimulus packages. F...

by FEER | On 10 Nov 2008

Global Financial Turmoil and India’s Look East Policy

The ongoing global financial turmoil represents an end of an era of exuberant financial capitalism. But the transition to a more sedate and scaled down financial sector will be traumatic for the world...

by Mukul Asher | On 15 Oct 2008

Lessons from the Global Financial Crisis with special reference to Emerging Market Economies and India

Each day, there is news of the crisis spreading to a newer part of the world or to a newer institution. What we are going through is an unprecedented crisis; and we will be failing the world if we do...

by Duvvuri Subbarao | On 15 Oct 2008

International Financial Regulation : The Quiet Revolution

The author points out that the general directions of change adopted by the financial authorities in countries around the world in response to the market turbulence of 1997 and 1998 are correct. But, e...

by Howard Davies | On 14 Oct 2008

Right to Drinking Water in India

This paper proceeds with approach that it is the constitutional obligation of the State to provide adequate quantity of drinking water to the citizens and also protect water resources as common good...

by Ramachandraiah C | On 13 Oct 2008

Deconstructing China’s and India’s Growth: The Role of Financial Policies

This paper uses the standard one-sector neoclassical growth model to investigate why China’s consumption has been low and investment high. This paper looks into the role played by the financial sector...

by Jahangir Aziz | On 07 Oct 2008

Maldives: Judiciary Under the President Thumb

In March 2006,President Maumoon Abdul Gayoom announced the "Roadmap for the Reform Agenda". The reform measures undertaken by the government have been half-harted. Instances of arbitrary arrests, dete...

by Asian Centre for Human Rights ACHR | On 07 Oct 2008

Another Commission is Not Enough:Ram Harri Shrestha and the Corrosive Impact of Impunity on Nepal's Unsteady Peace.

Neplal's maoists initiated the process of crippling the institution of parliamentary dempcracy by giving primacy to military meanse over the political. Mainstream parties, unable to resist petty polit...

by Asian Centre for Human Rights ACHR | On 29 Sep 2008

Population Growth Trends, Projections, Challenges and Opportunities

Demographic transition is a global phenomenon; population growth is inevitable in the initial phases of the transition. For India the current phase of the demographic transition is both a challenge an...

by Prema Ramachandran | On 26 Sep 2008

Payment and Settlement System in India

The lecture is about the payment system in India, which is an important element of the financial sector infrastructure. The lecture also shows the evolution and objectives of the Indian payment system...

by Leeladhar V | On 25 Sep 2008

Persistent Inequality: An Explanation Based on Limited Parental Altruism

This paper provides an explanation for the observed persistence in income inequality across households in terms limited parental altruism. It is postulated that the degree of parental altruism is ‘lim...

by Mausumi Das | On 24 Sep 2008

Financial Inclusion and Information Technology

Today banks have centralised operations, more and more banks and branches are moving to CBS , network based computing, new delivery channels such as networked ATMs, internet banking, smart card based...

by Usha Thorat | On 16 Sep 2008

Human rights in retreat

Is there not a worse situation today than during the Emergency? There was no colonization of the country by the foreign powers, with agriculture, industry, education, defense, health and trade being a...

by P.B. Sawant | On 05 Sep 2008

Current Problems with the IMF and Challenges Ahead – A LatinAmerican Perspective

The paper examines the current problems with the IMF which include: 1) the institution is no longer fulfilling the functions it used to fulfil, nor is there a clear vision of any new functions for it;...

by Roberto Frenkel | On 21 Aug 2008

Corruption, Default and Optimal Credit in Welfare Programs

In this paper a dynamic model of subsidized credit provision is presented to examine how asymmetric information exacerbates inefficiency caused by corruption. Though designed to empower the underprivi...

by Bibhas Saha | On 11 Aug 2008

An Agenda for Reform of the International Monetory Fund (IMF)

The International Monatory fund is facing an uncertain future. Notewithstanding the important contributions it has made in helping the global economy deal with major economic and financial changes and...

by Jack Boorman | On 06 Aug 2008

Index of Financial Inclusion

The promotion of an inclusive financial system is considered a policy priority in many countries. While the importance of financial inclusion is widely recognized, the literature lacks a comprehensive...

by Mandira Sarma | On 25 Jul 2008

Women's Reservation Bill

Women's Reservation Bill

by Parliamentary Research Service PRS | On 24 Jul 2008

The Future Role of the IMF: Asian Perspectives

The financial crisis of 1997 gave the Asian region a very hard lesson on the importance of financial stability. The severity of the crisis and the failure of IMF in assisting these countries became a...

by Titik Anas | On 17 Jul 2008

Constitutionalising Panchayats: The Response of State Legislatures

This article is an attempt to look at debates in the light of the Assemblies' tryst with panchayats. It should be noted that it is not an evaluation of what transpired in the state Assemblies. In view...

by Girish Kumar | On 03 Jul 2008

Book Review: Tales of the Displaced in India’s North-East

Review of: Internal Displacement in South Asia: The Relevance of the UN’s Guiding Principles Edited by Paula Banerjee, Sabyasachi Basu Ray Chaudhury, Samir Kumar Das, Sage Publicatons, New Delhi;...

by Ratna Bharali Talukdar | On 22 Jun 2008

Gujjar protest and Reservation Politics

Successive governmental commissions have held that Gujjars do not meet the criteria for inclusion in the Scheduled Tribes. The Gujjar protest has ramifications beyond the States where they live. If th...

by Asian Centre for Human Rights ACHR | On 28 May 2008

Towards a Less Imperfect State of the World: The Gulf Between North and South

Many developing countries assert a claim to the privilege of managing world order on a shared basis but exhibit a strong reluctance to accept the responsibility flowing from such privilege, for exampl...

by Ramesh Thakur | On 14 May 2008

Liberation, May 2008

New Mineral Policy 2008 Quota Verdict CPI(M) Coimbatore Congress SPECIAL FEATURE Democracy in S Asia: Nepal Mandate Post-Poll Pakistan Bhutan Polls and Other features.

by Liberation | On 24 Apr 2008

Draft Report of the Committee on financial Sector Reforms

The financial sector has built capabilities such that, with appropriate policy changes, it can grow tremendously, both domestically and internationally. the report touches upon two reasons for financi...

by Raghuram G. Rajan | On 14 Apr 2008

Report on SAHR Fact Finding Mission to the North and East of Sri Lanka to Assess the State of Displaced Persons

This report on the state of displaced persons in the North and East of Sri Lanka analyses the security condition and concerns of those who live in makeshifts and camps in conflict affected areas. It p...

by South Asians for Human Rights SAHR | On 11 Apr 2008

Innovation and Growth: Role of the Financial Sector

A brief overview is provided about India’s long-term growth performance. Then an attempt is made to set out the conditions for successful innovations. To assess the role of innovations in the Indian...

by Rakesh Mohan | On 03 Apr 2008

Goa Budget 2008-09

Budget presented by Goa finance minister for the year 2008-09.

by Goa Government | On 01 Apr 2008

Kerala Budget Speech 2008-09

Budget speech 2008-09 by Finance Minister Dr. Thomas Issac

by Government of Kerala Govt | On 07 Mar 2008

Islam at the Ballot Box

So far, no Islamist party has managed to win a majority of the popular vote in any of the Muslim countries where reasonably clean elections are held. If anything, the Islamist share of the vote has be...

by Amir Taheri | On 24 Feb 2008

Pakistan’s Historic Opportunity for Change

Opinion polls show less than 20 per cent of Pakistanis now approve of President Musharraf, who has been described as an indispensable ally in the war against terrorism by some members of the Bush admi...

by Husain Haqqani | On 24 Feb 2008

Regulation of Informal Financial Institutions: A Study of Money Lenders in Kerala

The working of money lenders in Kerala are analysed. Based on a sample survey, the paper has estimated the volume of deposits and credits extended by money lenders in Kerala and has brought out the un...

by P D Jeromi | On 13 Feb 2008

Book Review: Public Memory and Cultural Politics in Sri Lanka

Militarizing Sri Lanka: Popular Culture, Memory and Narrative in the Armed Conflict by Neloufer de Mel; Sage, New Delhi, 2007; pp. 329, Rs. 475.

by Pramod K. Nayar | On 14 Jan 2008

Financing Arrangements for Nuclear Power Projects in Developing Countries A Reference Book

The IAEA topical seminar on Financing of Nuclear Power Projects in Developing Countries reaffirmed that a major requirement for and constraint on the development of nuclear power projects in developin...

by International Atomic Energy Agency IAEA | On 14 Jan 2008

Management of the Capital Account in India: Some Perspectives

Management of capital accounts in the global context and in the Indian context. [Inaugural address delivered by Dr. Y. V. Reddy, Governor, Reserve Bank of India at the Annual Conference of the Indian...

by Y V Reddy | On 08 Jan 2008

Understanding Gujarat Elections: What Does it Portend for Indian Democracy?

With the re-election of Narendra Modi and the BJP will the current disarray in the party give way to strong optimism to strive for power at the centre?

by Ram Puniyani | On 24 Dec 2007

Sovereign Wealth Funds: Policy Implications for India

Sovereign Wealth Funds (SWFs) will be an integral and significant part of global financial and capital markets even in the medium term. It is important for India to put in place domestic safeguards ag...

by Mukul Asher | On 12 Dec 2007

The Growing Importance of Emerging Economies in the Globalised World and its Implications for the International Financial Architecture

The growing importance of India and other emerging economies in the globalized world are given in this lecture. This group of economies is not easy to define. However, some reflections on the implicat...

by Jean-Claude Trichet | On 30 Nov 2007

Pakistan’s Last Bid for Democracy

This Essay examines the factors retarding democracy in Pakistan and asserts that now, more than ever, the country’s political forces must work together to fight common foes.

by Colum Murphy | On 27 Nov 2007

Customer Centricity and the Reserve Bank

The Reserve Bank, as the regulator of the banking sector, has been actively engaged, from the very beginning, in the review, examination and evaluation of customer service in the banks. It has been re...

by Leeladhar V | On 26 Oct 2007

Non Deliverable Foreign Exchange Forward Market: An Overview

Recognising the growing activity in the non deliverable forward (NDF) market in the recent years, the paper attempts to present a detailed analysis of the NDF market with special focus on Indian rupee...

by Sangita Misra | On 22 Oct 2007

A Review of Trends in Banking Indicators in North Eastern Region of India

The rapid growth in banking indicators in the North Eastern region of India following nationalisation of 14 major banks in 1969 and another six in 1980 based on social banking was sustained or not are...

by Amarendra Sahoo | On 16 Oct 2007

Recent Financial Market Developments and Implications for Monetary Policy

The nature of the financial turbulence that happened recently in US and Europe, why it happened, where it happened, and the implications for central banks. Some of the forces that led up to and charac...

by Rakesh Mohan | On 12 Oct 2007

Model Nagara Raj Bill

Model bill to amend the laws relating to the Municipalities and to institutionalise citizens’ participation in municipal functions, e.g. setting priorities, budgeting provisions, etc. by setting up of...

by Ministry of Urban Development MoUD | On 08 Oct 2007

Human Tragedy in Majuli: Can Anything Be Done?

Majuli was once the largest river islands and the cultural home of the Asomiya community. Today, repeated floods of the Brahmaputra have ensured that the community has lost home and hearth to erosion...

by Apurba K. Baruah | On 07 Oct 2007

Report of the Working Group on Preparing Guidelines for Access to Payment Systems

The Reserve Bank had constituted an internal working group to review the existing access criteria and suggest changes that may be adopted for access to Payment and Settlement Systems. The Group has pr...

by Reserve Bank of India | On 05 Oct 2007

Capital Inflows, Financial Repression and Macroeconomic Policy in India since the Reforms

Since the early 1990s the Indian economy has seen a considerable relaxation of controls, as a consequence of which it has witnessed unprecedented growth. This is especially remarkable in the external...

by Partha Sen | On 04 Oct 2007

Peace, Progress and Prosperity in the Northeastern Region: Vision 2020: Volume I

Troubled by history and geo-politics, the Northeast has remained one of the most backward regions of the country.the department of the Northeastern Region entrusted the task of preparing the Vision 2...

by M.Govinda Rao | On 27 Sep 2007

Burma: Member States of the UN must Intervene: ACHR Weely Review

Reports have been pouring in that the Burmese soldiers today used baton and tear gas against the Buddhist monks and civilian protesters at Shwedagon pagoda, the holiest Buddhist place in Rangoon. The...

by Asian Centre for Human Rights ACHR | On 26 Sep 2007

Holding Companies in Banking Groups

RBI seeks comments from the public for this paper. Comments may be sent to the Chief General Manager-in-Charge, Department of Banking Operations and Development, Reserve Bank of India, Central Office,...

by Reserve Bank of India | On 19 Sep 2007

Post-Autistic Economics Review: Issue No.43, September 15, 2007

Growing inequality in the neo-liberal heartland George Irvin ................................................................................. 2 - Science, ideology and development: Is there a ‘Sust...

by PAER Post Autistic Economic Review | On 16 Sep 2007

A Change of Mood

There is a change in the financial scenario. Any sustained bout of fair weather on the markets creates business excesses as investors and consumers start discounting risk more and more. So it is healt...

by T.N. Ninan | On 20 Aug 2007

Contagion Again?

Financial contagion is dangerous because you don’t know where it will hit, and how hard. Every country has to remmber this and make arrangements so that a criris does not repeat as happenend in 1997 (...

by T.N. Ninan | On 13 Aug 2007

Tal Makeshift Camp: No One Should Have to Live Like This

There seems to be no place for the stateless Rohingya people fleeing discrimination and persecution in their own country, Myanmar. They run away from a country that does not recognize them as citizens...

by Médecins Sans Frontières MSF | On 11 Aug 2007

The Micro Financial Sector (Development and Regulation) Bill, 2007: Legislative Brief

While the Bill promotes the activities of MFOs, there are differing opinions on the cost efficiency of the MFO model. �� NABARD is designated as the regulator of the micro financial s...

by Kaushiki Sanyal | On 08 Aug 2007

The Micro Financial Sector (Development and Regulation)Bill 2007

The Micro Financial Sector (Development and Regulation) Bill, 2007 seeks to promote the sector and regulate micro financial organisations (MFO). 􀂐 National Bank for Agriculture and Rural D...

by Ministry of Law | On 08 Aug 2007

Better Than the Rest

India’s good economic performance and friendlier ties with important countries that have been either distant or hostile, is achieved by a leader with whom the country can feel at ease. But Dr. Manmoha...

by T.N. Ninan | On 06 Aug 2007

FEER: The June 2007 issue

Satisfuy China's Demand for Money by Hugo Restall Monetary Policy: China’s Last Option: Let the Yuan Soar by Michael Pettis Stop the Specter of a Rising Rupee by Vivek Moorthy Hong Kong’s Arreste...

by FEER | On 04 Aug 2007

Book Review: Debating India's Future

Review of: The Future of India – Economics, Politics and Governance by Bimal Jalan, Penguin books, New Delhi.

by G Narasimha Raghavan | On 03 Aug 2007

Indian Elderly Among Marginal Sections Programmes and Policies in the Era of Globalisation

This paper is an attempt to bring out different needs of elders from different backgrounds and socio-economic groups. The main aim of the paper is to help policy makers in identifying these difference...

by Habibullah Ansari | On 02 Aug 2007

De-risking the System

The advent of political uncertainties has led to questions about poor governance which can lead to economic under performance.

by T.N. Ninan | On 31 Jul 2007

Foreign Exchange Reserves

The report is a compilation of quantitative information with regard to external reserves, such as, level of foreign exchange reserves, sources of accretion to foreign exchange reserves, external liabi...

by Reserve Bank of India | On 26 Jul 2007

Parochial Politics: Ethnic Preferences and Politician Corruption

Increased voter ethnicization, defined as a greater preference for the party representing one's ethnic group, affects politician quality. If politics is characterized by incomplete policy commitment,...

by Abhijit Banerjee | On 19 Jul 2007

Governance Institutions and Development

The problem of corruption has become very important in recent thinking on development policy. But corruption is only a part of the more general issue of economic governance, and of more general policy...

by Avinash K Dixit | On 17 Jul 2007

Statistical System of India: Some Reflections

The historical development of statistics in India is outlined. The application of statistics in RBI and the areas where statisticians can contribute significantly are also given [Speech delivered on T...

by Rakesh Mohan | On 10 Jul 2007

Book Review: Discourses on Women’s Movement: Theory and Action

Review of Writing the Women’s Movement: A Reader Edited by Mala Khullar; Zuban (in collaboration with EWHA Women’s University Seoul).

by Veena Poonacha | On 05 Jul 2007

Reflections on Global Account Imbalances and Emerging Markets Reserve Accumulation

The lecture focuses on some implications -- both positive and normative -- of the most surprising development in the international financial system over the last half dozen years. That development is...

by Lawrence H. Summers | On 05 Jul 2007

Improving Delivery of Programmes Through Administrative Reforms

India is showing signs of poor delivery of governance. In almost all states people perceive bureaucracy as wooden, disinterested in public welfare and corrupt. It must be recognized that improvement i...

by Naresh C. Saxena | On 02 Jul 2007

Battling for Clean Environment Supreme Court, Technocrats and Populist Politics in Delhi

The role of Supreme Court in controlling air pollution in Delhi in the face of political contestation and government reluctance in implementing what had already long been on the statute books. Focus i...

by Kuldeep Mathur | On 29 Jun 2007

Impact of U.S. Federal Interest Rate and Movement of MSCI on Indian Capital Markets

The relationship between Indian macro-economic factors and economic growth has been analyzed by a number of empirical studies. This paper re-examines the sources of variability in the Indian economy f...

by Bharat Chadha | On 26 Jun 2007

Building an International Financial Centre in Mumbai

Earlier this year, the Indian government’s High Powered Expert Committee (HPEC) put forward its recommendations on how Mumbai could be made into an International Financial Center. The HPEC’s report co...

by Sanjeev Sanyal | On 19 Jun 2007

The Challenges of Financial Liberalisation for Emerging Market Economies

In this speech to the staff of the Reserve Bank of India delivered on May 14, 2007 at the RBI, Central Office, Mumbai, the author offers some comments on the challenges posed by financial liberalisati...

by Christian Noyer | On 13 Jun 2007

Three Essays on the Economics and Finance of Terrorism

Aa framework for the analytical treatment of terrorist problems is suggested and then brings out the importance of financial and socio-economic factors. The framework classifies the various causes of...

by Siddhartha Mitra | On 31 May 2007

Time to Mainstream Micro-Pensions in India

The paper has argued that to expand coverage of micro-pensions, social entrepreneurship (along with social responsibility) will be needed by the financial sector, including the MFIs, insurance compani...

by Mukul Asher | On 08 May 2007

Fiscal Deficit, Capital Formation, and Crowding Out : Evidence from India

Theoretical literature identifies two variants of crowding out in an economy–real and financial. The real (direct) crowding out occurs when the increase in public investment displaces private capital...

by Lekha S. Chakraborty | On 17 Feb 2007

When it Rains on the Sand Dunes

A desert journey, from a pool where both humans and camels drank, to a bavadi then to a water tap in Khaba village has some valuable lessons about the ground realities of the social forces around wate...

by Meera Baindur | On 16 Feb 2007

‘Autonomy On-line’: Indymedia and Practices of Alter-Globalisation

The paper examines Australian Indymedia collectives as a means to improve understanding of the practices of alter-globalisation movements. Indymedia, which emerged around the anti-World Trade Organisa...

by Jenny Pickerill | On 30 Jan 2007

Telecommunications privatisation in Taiwan: A beautiful mistake?

This paper examines the changing role of the government and market in regulating the telecommunications sector since 1996 in Taiwan. It also explores changes in the institutional framework for regula...

by Kuo-Tai Cheng | On 22 Dec 2006

Financial Center Pipedreams

There is no denying that for financiers, Singapore has plenty of buzz these days. When a large European bank held a reception there recently for its prime brokers to meet potential hedge fund clients...

by Hugo Restall | On 09 Nov 2006

Financial Center Pipedreams

Are Singapore’s efforts to become a leading regional financial center gaining as much traction as the recent buzz over hedge funds would lead one to believe?

by Hugo Restall | On 03 Nov 2006

Children of Women Prisoners in Jails: A Study in Uttar Pradesh

Imprisonment of mothers with dependent young child is a problematic issue. The effects of incarceration can be catastrophic on the children and costly to the state in terms of providing for their car...

by Planning Commission, India | On 30 Oct 2006

The China-Japan-US Triangle

The most critical factor for maintaining regional stability in East Asia over the next few decades is the relations between the three great powers in the region: China, Japan and the United States. Th...

by Ezra F.Vogel | On 24 Oct 2006

Book Review: Historical Experiences and Modern Encounters with Law

This book attempts to address how the tribes in India have perceived the State and its law. The tribes stand apart from the general population, and are made to stand outside the law, characterises the...

by Mayur Suresh | On 16 Oct 2006

Kanshi Ram: The Man and his Legacy

Kanshi Ram’s main legacy is that political mobilization and use of State power is required to provide dalits self-respect, dignity, social equality and political empowerment to fight against dominati...

by Sudha Pai | On 13 Oct 2006

Feminization of Crime: A Critical Interrogation

The issue of feminization of crime provides a vantage point in delineating the theories of crime, criminals, penology and sociology of law.

by Tapan Mohanty | On 29 Aug 2006

Victims and Villains: The construction of Female Criminality in Colonial Calcutta

This paper will examine the implications of the colonial construction of criminality for our understanding of criminology and gender today.

by Sumanta Banerjee | On 29 Aug 2006

Criminal Tribes and the Debates on Criminal Law

The relationship between itinerant and sedentary communities has become increasingly problematic in modern times.. The many strands from science, myth, religion, official ethnography which went into...

by Meena Radhakrishna | On 29 Aug 2006

Conspiracy in Criminology

This paper will examine the relationship between distributive justice, associational rights and the use of conspiracy in the law, underscoring the potential of this nexus to erode constitutional and...

by K.G. Kannabiran | On 29 Aug 2006

Report of the Sardar Sarovar Project Relief and Rehabilitation Oversight Group on the Status of Rehabilitation of Project-affected Families in Madhya Pradesh

In the light of the observations of the Supreme Court in its order dated 17th April 2006, the Prime Minister constituted the Sardar Sarovar Project Relief & Rehabilitation Oversight Group. The manda...

by V.K. Shunglu | On 28 Jul 2006

Crime and Punishment: An Analysis of Death Penalty

However despite the enuniciation of ‘rarest of rare’, there has been no decrease in the number of death sentences awarded by various courts. This essay shall attempt to chart the ‘hardening’ of the c...

by Bikram Jeet Batra | On 28 Jul 2006

Law and Life in the State of Nature: Reflections on the Stories of Legal Literacy

This paper, based on analysis of experiential accounts and responses of persons all over the country, drawn from various backgrounds over a period of 15 years, will attempt to examine the ordinary and...

by Abha Singhal Joshi | On 25 Jul 2006

Criminology and the Homosexual Subject: A Queer Critique

well into the twenty first century the legal structure in its various manifestations continues to produce knowledge of the homosexual as criminal. Equally of import is the role that the constitution...

by ARvind Narrain | On 25 Jul 2006

The Mckinnon-Shaw Hypothesis: Thirty Years on:A Review of Recent Developments in Financial Liberalization Theory

The Mckinnon-Shaw Hypothesis, in its’ various forms, is now thirty years old. This paper attempts to survey the literature on the Mckinnon-Shaw Hypothesis and tries to draw out some of the recurrent...

by Firdu Gmech | On 02 Jun 2006

Fantasm of Permanence and The Monologic of Empire

In order to understand criminal legislation, one needs to refocus from criminal legislation to its most modern form, the code ─ by turning one's historical attention to the significance of cri...

by Chowdhury Irad Ahmed Siddiky | On 27 Apr 2006

Free TV

If the DMK’s seemingly outrageous promise of a free TV set makes people sit up and look at the issue from ground level up, why, we may finally tackle our subsidy problem!

by T.N. Ninan | On 09 Apr 2006

Challenges before Cultural Resistance: Methods of Intervention

Any intervention of the Left in the field of the dominant media must be guided by an adherence to politics and seek to fundamentally alter the relations of artistic production and make art more access...

by Arjun Ghosh | On 01 Apr 2006

Voluntary Organisations, NGOs and the ‘Politics of Development’ in India: A Critical Exploration

This essay studies the domain of politics of development constituted by the state, and attempts to plot the emergence of the voluntary sector, NGOs in particular, as a representative in this contested...

by Swagato Sarkar | On 31 Mar 2006

Verdict 2004: From Identities to Issues and Interests?

This paper is a humble attempt to take an intellectual and political position while analyzing the 2004 election results in the context of neo-liberal regime in India and also tries to portray whether...

by Maidul Islam | On 31 Mar 2006

An Open Letter on Dissent, Dissenters and Petrification of Politics

Why are we – people who feel that there ought to be some space for disagreement in a democratic society, and more so in a dialogue between the world's two largest democracies -- so completely, unequiv...

by Ananya Vajpeyi | On 03 Mar 2006

Liberation, March 2006

Butcher Bush, Go Back! Tribute to Bhagat Singh AIALA’s Second National Conference Review of Rang De Basanti

by CPI (ML) | On 24 Feb 2006

Weapons of Mass Destruction? Or, of Mass Deception? Media in Iraq War and After

The close relationship, a symbiotic one, between the media and the government of the day has long existed. In the run up to the Iraq war and afterwards, the Bush Administration and legislators in t...

by Yasemin Inceoglu | On 16 Feb 2006

Financial Integration in East Asia: How Far? How Much Further to Go?

Despite numerous empirical studies examining various facets of the topic, the degree of intraregional financial integration in East Asia remains a matter of vigorous debate. This paper offers a select...

by Tony Cavoli | On 07 Feb 2006

Taking Stock of Monetary and Financial Regionalism in Asia

Lecture at RIS, New Delhi December 2005

by Ramkishen S. Rajan | On 12 Jan 2006

Corruption and Local Governance: Evidence from Karnataka

The paper examines corruption in the institutions of local government in Karnataka, using a Logit model. One of the arguments in favour of decentralisation in developing countries is that it provide...

by V. Vijayalakshmi | On 09 Jan 2006

Controlled Capital Account Liberalisation: A Proposal

This paper outlines a proposal for a controlled approach to capital account liberalization for economies experiencing large capital inflows. The proposal essentially involves securitizing a portion o...

by Eswar S. Prasad | On 09 Dec 2005

East Asian Community: Prospects and Challenges

There is a growing need to a more institutionalized economic arrangement in East Asia. East Asia Economic Community might be an ideal form of such institution. However, the road is still long and...

by A Damuri | On 23 Nov 2005

Has Financial Development Made the World Riskier?

Developments in the financial sector have led to an expansion in its ability to spread risks. The increase in the risk bearing capacity of economies, as well as in actual risk taking, has led to a ran...

by Raghuram G. Rajan | On 16 Nov 2005

Underground Gun Markets

This paper provides an economic analysis of underground gun markets drawing on interviews with gang members, gun dealers, professional thieves, prostitutes, police, public school security guards and t...

by Philip J. Cook | On 11 Nov 2005

Trends and Issues in Tax Policy and Reform in India

The Indian tax reform experience can provide useful lessons for many countries due to the largeness of the country with multilevel fiscal framework, uniqueness of the reform experience and difficult...

by M.Govinda Rao | On 10 Nov 2005

False Dawn on Budget Front

Essentially, the Outcome Budget (OB) as formulated now is nothing more than the performance budget with a promise that it would be extended to non-plan outlays too. As an idea, regardless of the labe...

by A. Premchand | On 20 Sep 2005

Economic Reforms, Electrol Politics A Welfare

The introduction of economic reforms often hurts entrenched vested interests, which had prospered under state-led evelopment. For the ruling political party that introduces reforms, alienating such in...

by Ajit Karnik | On 19 Aug 2005

Change And The Everyday Politics Of Community Based Organisations

Membership based organisations are an increasingly important institutional form, encountered both in the social theories we use and in the practices of people we study. An examination of these organis...

by Joseph Devine | On 31 Mar 2005