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Digital Initiatives: The Nature of the Beast

During and after COVID, Digital Education has emerged as clear major, and thick, discursive field with inclusivity being a core concern. Any critique of the inequities in the field must necessarily in...

by Pramod K. Nayar | On 09 Jul 2022

eSS Sunday Edit: The Entrepreneurial University and its Questions

In an entrepreneurial university where quantification, evaluation and interdisciplinarity are insisted upon, we need several issues sorted out before embracing the idea.

by Pramod K. Nayar | On 07 Mar 2022

eSS Sunday Edit: Do the Liberal Arts Have Any Authority in the Digital Age?

It is likely that the ‘authority’ of the literary text requires a rethinking. The teacher has traditionally been invested with epistemic authority: the legitimate exercise of knowledge and expertise-a...

by Pramod K. Nayar | On 17 Oct 2021

Know Your Publishing Space: Institutional Repositories

Institutional repositories(IRs), if established in various universities, would help bring out the contributions by Indian researchers on the world map, especially in the field of Arts, Humanities, and...

by Shubhada Nagarkar | On 19 Feb 2021

States of Control: COVID, Cuts and Impunity: South Asia Press Freedom Report, 2019-2020

he media had the task of reporting the growing humanitarian crisis, working in difficult circumstances and amidst unprecedented physical curbs due to lockdowns and restrictions, particularly in contai...

by | On 16 Feb 2021

Know Your Publishing Space: Open Access Publishing

Publishing research in open access journals has been widely discussed over the last decade. Both free access and open access give the reader seamless access to research papers/articles. So, what’s the...

by Shubhada Nagarkar | On 05 Feb 2021

eSS Sunday Edit: The New Cultures of Learning : Pedagogy Online

With online education, multimodal literacy is poised for a boom. To ensure that the enhancement made possible by this form of literacy reaches more demographics, a radical rethinking of pedagogics see...

by Pramod K. Nayar | On 29 Dec 2020

Redressing Violence Against Women in COVID 19: Experience of Hospital-based Centres in Mumbai, India

The pandemic has brought a sharp focus on the issue of domestic violence. Over the last few months while COVID 19 has in general led to deaths and disruption of lives, it has, in particular, been an e...

by Sangeeta Rege | On 24 Nov 2020

The next Gold Rush: Medical and health data

The messy, digital data-rich universe that is emerging rapidly is being nurtured and bolstered by powerful tech companies. Whatever the potential benefits for human welfare, the development is posing...

by Anurag Mehra | On 24 May 2020

Adverse Selection and Credit Certificates: Evidence from a P2P Platform

Certificates are widely used as a signaling mechanism to mitigate adverse selection when information is asymmetric. To reduce information asymmetry between lenders and borrowers, Chinese peer-to-peer...

by Maggie Rong Hu | On 24 Apr 2019

Public Expenditure on Old-Age Income Support in India: Largesse for a Few, Illusory for Most

Extant studies deciphering public expenditure on old-age income support in India carry limitations on (a) system expanse, (b) corresponding data collation, and therefore (c) depth of resource conscrip...

by Mukesh Kumar Anand | On 02 Apr 2019

Free To Be Mobile

What do we talk about when we talk about technology-enabled violence? We mostly talk about online violence, or violence on the internet. Verbal abuse. Rape threats. Images spreading without consent. S...

by Point of View . | On 12 Mar 2019

Money and Central Bank Digital Currency

This paper takes an overview of the concepts and features of central bank money and private sector money and focuses on the actual performance of these types of money in selected advanced and emerging...

by Sayuri Shirai | On 18 Feb 2019

Innovation, Efficiency and Inclusion: Integration of Digital Technologies in the Indian Microfinance Sector

This paper explores how these mechanisms - innovation, inclusion and efficiency – have been integral to microfinance operations in the past, and how innovations in digital technology may be yet anothe...

by Saon Ray | On 04 Feb 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

Is There a Demand for Reverse Mortgages in China? Evidence from Two Online Surveys

Reverse mortgages provide an alternative source of retirement funding by allowing older homeowners to borrow against their home. However, a recent pilot program of reserve mortgage products in several...

by Katja Hanewald | On 03 Feb 2019

Enlargement Decisions of Regional Trading Blocs with Asymmetric Members

This paper analyzes the conditions under which an existing bilateral free trade area (FTA) prefers to expand in size and when it prefers consolidation through customs union (CU) formation when the exi...

by Sunandan Ghosh | On 31 Jan 2019

The Way Forward for Personal Insolvency in the Indian Insolvency and Bankruptcy Code

This paper describes the Indian credit market and presents an argument for the need for personal insolvency law. It provides a brief overview of the provisions on personal insolvency in the IBC. It ma...

by Renuka Sane | On 30 Jan 2019

The Business of Greening: Policy Measures for Green Business Development in Asia

The paper reviews green markets, technologies, and practices with a focus on developing Asian countries, and offers a set of policy options to enable governments and development finance institutions t...

by Daniele Ponzi | On 29 Jan 2019

The Basel Capital Requirement, Lending Interest Rate and Aggregate Economic Growth: An Empirical Study of Vietnam

This paper investigates the effects of the Basel II capital requirement implementation in Viet Nam on the bank lending rate and national output. The paper provides a theoretical framework as well as e...

by Nguyet Thi Minh Phi | On 28 Jan 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

Asian Development Outlook Forecast Accuracy 2007–2016

This paper assesses the accuracy of Asian Development Outlook growth and inflation forecasts for 43 Asian economies from 2007 to 2016, against the benchmark of World Economic Outlook projections by th...

by Benno Ferrarini | On 22 Jan 2019

Value Destruction and Wealth Transfer Under the Insolvency and Bankruptcy Code, 2016

This article applies theoretical concepts from the law and economics literature on insolvency to identify the sources of these two problems in insolvency law. It then applies these theoretical concept...

by Pratik Datta | On 07 Jan 2019

Optimal Regulation of P2P Lending for Small and Medium-Sized Enterprises

This paper describes and evaluates the range of P2P lending systems on offer to small and medium-sized enterprises (SMEs) in several countries, considering different regulatory regimes. In some countr...

by Naoko Nemoto | On 07 Jan 2019

Marketing: The Crucial Success Factor for Pakistan’s Credit Guarantee Scheme

This paper, confines the focus to a discussion of how inadequate marketing diluted the scheme’s impact. Specifically, several commercial banks could not tailor elements of their marketing mix—includin...

by Talha Nadeem | On 03 Jan 2019

The Role of SMEs in Asia and Their Difficulties in Accessing Finance

Small and medium-sized enterprises (SMEs) are the backbone of the Asian economy. They make up more than 96% of all Asian businesses, providing two out of three private-sector jobs on the continent. Th...

by Naoyuki Yoshino | On 02 Jan 2019

Social Funding of Green Financing: An Application of Distributed Ledger Technologies

This paper contributes to the literature in two ways: First, it delineates a concrete application of DLTs in the field of green financing, which offers the potential to increase social welfare. Second...

by Naoyuki Yoshino | On 20 Nov 2018

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

Does Regional Integration Matter for Inclusive Growth? Evidence from the Multidimensional Regional Integration Index

This paper employs a multidimensional approach to gauge the degree of regional integration and analyze impact on growth, inequality, and poverty. It constructs a multidimensional regional integration...

by Cyn-Young 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

Role of Bank Lending in Financing Green Projects: A Dynamic Stochastic General Equilibrium Approach

This paper develops an environmental dynamic stochastic general equilibrium (E-DSGE) model with heterogeneous production sectors. In particular, the model comprises some low-carbon emission firms that...

by Maria Teresa Punzi | 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

Strong Regulation of Medical Products: Cornerstone of Public Health and Regional Health Security

National regulatory agencies (NRAs) are the gatekeepers of the supply chain of medical products such as pharmaceuticals and medical devices. It is through registration with an NRA that a manufacturer...

by Susann Roth | On 09 Oct 2018

Demand for Information on Environmental Health Risk, Mode of Delivery, and Behavioral Change: Evidence from Sonargaon, Bangladesh

Lack of access to reliable information on environmental exposure limits opportunities for risk avoiding behavior, particularly in developing countries. Private markets could potentially play a role in...

by Ricardo Maertens | On 04 Oct 2018

Money and Business Cycle: Evidence From India

This paper takes a New Keynesian model with non-separable money in utility to Indian data using maximum likelihood. The identification problem in isolating the effect of money on output and inflation...

by Ashima Goyal | On 21 Sep 2018

The Spread of Deposit Insurance and the Global Rise in Bank Asset Risk since the 1970s

The paper constructs a new measure of the changing generosity of deposit insurance for many countries, empirically model the international influences on the adoption and generosity of deposit insuranc...

by Charles W. Calomiris | On 03 Sep 2018

E-Education in the Philippines: The Case of Technical Education and Skills Development Authority (TESDA) Online Program (TOP)

Education and training for productive employment play a crucial role in the social and economic plans of a developing country like the Philippines. Technical and vocational education and training (TVE...

by Madeline Dumaua-Cabautan | On 30 Aug 2018

E-Education in the Philippines: The Case of Technical Education and Skills Development Authority Online Program

Education and training for productive employment play a crucial role in the social and economic plans of a developing country like the Philippines. Technical and vocational education and training (TVE...

by Madeline Dumaua-Cabautan | On 30 Aug 2018

Preparing the Philippines for the Fourth Industrial Revolution: A Scoping Study

Technological breakthroughs and the interplay of a number of fields, including advanced robotics, artificial intelligence (AI), nanotechnology, neurotech, data analytics, blockchain, cloud technology,...

by Elmer P. Dadios | On 29 Aug 2018

The People’s Republic of China’s Long-Run Growth through the Lens of the Export-Led Growth Model

The People’s Republic of China’s (PRC) remarkable growth performance over the last 3 decades has been associated to very robust export growth, so much so that many refer to it as a clear example of ex...

by Jesus Felipe | On 29 Aug 2018

An Empirical Analysis of the Factors that Influence Infrastructure Project Financing by Banks in Select Asian Economies

This paper analyzes a critical aspect of expanding private finance to infrastructure by examining the role of bank lending to public–private partnership (PPP) projects through the project finance moda...

by Vivek Rao | On 24 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

Determinants of Public–Private Partnerships in Infrastructure in Asia: Implications for Capital Market Development

This study attempts to understand the role of greater access to finance, i.e., stocks, bonds, and bank loans, in public–private partnership (PPP) investment in developing countries. Most developing co...

by Suk Hyun | On 10 Aug 2018

Credit Risk Reduction Effect on Small and Medium- Sized Enterprise Finance Through the Use of Bank Account Information

This paper verifies the impact of bank account information, such as information on deposits and withdrawals, that is not necessarily fully accounted for in conventional internal ratings and that can a...

by Naoko Nemoto | On 10 Aug 2018

An Overview of Islamic Banking and Finance in Asia

The Islamic finance industry has grown substantially in Asia over the last 2 decades. The Muslim populations in different Asian countries, especially in Southeast Asia, are increasing. Rapid Muslim po...

by Akbar Komijani | On 27 Jul 2018

Portfolio Composition and Valuation Effects in Emerging Market Economies

Gross capital inflows and outflows to and from emerging market economies (EMEs) have witnessed a significant increase since early 2000s. This rapid increase in these flows accompanied by sharp rise in...

by Ashima Goyal | On 25 Jul 2018

Macroeconomic Overview of the Philippines and the New Industrial Policy

This short paper has two main sections. The first section presents a more detailed picture and overview of the macroeconomic performance of the Philippines behind the Philippines’ remarkable growth. T...

by Maureen Ane D. Rosellon | On 06 Jul 2018

Decentralization and Health in the Philippines: A Systematic Review of Empirical Evidences

This study provides a systematic review and summary of the extant knowledge on the impacts of decentralization on health in the Philippines. Despite the country’s twenty-five years of experience in de...

by Michael R.M. Abrigo | On 03 Jul 2018

Risk Management Innovation for Philippine Banking

This Policy Note revisits the risk management policy of BSP as a guide in strengthening the competitiveness of Philippine banks. It also recommends measures to further refine the banking system in the...

by Roberto Miguel S. Roque | On 29 Jun 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

Cash Holdings and Tax Evaded Incomes in India – A Discussion

The paper makes an analysis of cash holdings in India and attempts to test its association with tax effort and government spending. The finding arrived is that the ratio of Cash holding to Nominal GDP...

by R. Mohan | On 21 Jun 2018

Stock Market Trading in the Aftermath of an Accounting Scandal

This paper studies the impact of fraud revelation on trading behaviour of investors. It ask, if investors with direct exposure to stock market fraud (treated investors) are more likely to cash out of...

by Renuka Sane | On 20 Jun 2018

Trade Costs, Time, and Supply Chain Reliability

This paper uses measures of international transport time, in median and standard deviation, based on shipment-level data from the Universal Postal Union, to analyze the effect of time on trade costs....

by Utsav Kumar | On 14 Jun 2018

The Morbidity Cost of Air Pollution: Evidence from Consumer Spending in China

This paper provides knowledge the first analysis of the morbidity cost of PM2.5 for the entire population of a developing country. To address potential endogeneity in pollution exposure, it constructs...

by Panle Jia Barwick | On 12 Jun 2018

The Impact of Monetary and Tax Policy on Income Inequality in Japan

This paper assesses the effects of the most recent monetary policy behavior of the Bank of Japan (BOJ) (in particular, zero interest rate policy and negative interest rate policy) and Japanese tax pol...

by Farhad Taghizadeh-Hesary | On 09 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

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

Constructing the Asia-Pacific Regional Cooperation and Integration Index: A Panel Approach

This paper proposes a panel approach in the construction of the Asia-Pacific Regional Cooperation and Integration Index (ARCII) to strengthen the index’s ability to track the progress of economic inte...

by Cyn-Young Park | On 06 Jun 2018

Do Information and Communication Technologies Empower Female Workers? Firm-Level Evidence from Viet Nam

This paper studies the effects of firms’ investments in information and communication technologies (ICT) on their demand for female and skilled workers. Using the gradual liberalization of the broadba...

by Natalie Chun | On 31 May 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

Guidance for Investing in Digital Health

Digital technologies are increasingly underpinning almost all aspects of daily life, including health care. But there is not yet sufficient awareness of the issues to be considered when investing in d...

by Peter Drury | On 29 May 2018

Can Interlinking Rivers and Greening their Banks Save our Cities?

In what turned out to be a most engrossing discussion on “Can Inter-linking our Rivers and Greening their Banks save our Cities?” organized by Environment Support Group at Ashirvad, Bangalore, on Dece...

by Environment Support Group (ESG) | On 25 May 2018

National Digital Communications Policy 2018

The National Digital Communications Policy, 2018 seeks to unlock the transformative power of digital communications networks - to achieve the goal of digital empowerment and well b...

by | On 02 May 2018

Cold Chain Development for Fruits & Vegetables in India

This supply chain allows us to analyze the time- and distance-related aspects of cold-chain investment.

by Man Mohan Sodhi | On 27 Apr 2018

Implementation of the POCSO Act: Goals, Gaps and Challenges

The study comes at a crucial time when key actors as well as the general public would like to know more about how effective is the implementation of the main law protecting children from sexual abus...

by Bharti Ali | On 24 Apr 2018

Asian Development Outlook (ADO) 2018: How Technology Affects Jobs

The economic growth outlook for developing Asia remains vibrant. Asian Development Outlook 2018 foresees continued momentum after growth accelerated to 6.1% in 2017. The region is expected to ex...

by Asian Bank | On 12 Apr 2018

Effects of Contract Governance on Public Private Partnership (PPP) Performance

This paper empirically examines the impact of differences in contract attributes on project outcomes. The hypothesis is to test whether better incentive structure and stricter administrative controls...

by Chandan Kumar | On 05 Apr 2018

Role of Bidding Method and Risk Allocation in the Performance of Public Private Partnership (PPP) Projects

This paper analyses the Indian PPP framework, including its bidding process and the standard concession agreement. The paper argues that the existing bidding method (i.e. premium/grant based method) c...

by Chandan Kumar | On 05 Apr 2018

Opportunism and Hold-up in the Incomplete Public Private Partnership (PPP) Contracts

This paper attempts to find the answer to this question. It examines the contract design of the Indian PPP road contracts and analyzes its strengths and weaknesses to avoid the opportunism or hold-up...

by Chandan Kumar | On 05 Apr 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

A Comparison of Global Governance Across Sectors: Global Health, Trade and Multilateral Development Finance

To what extent do the World Health Organization, the World Trade Organization, and the World Bank remain central today and how much influence do they still wield in shaping the global agenda? While...

by | On 30 Mar 2018

Education and Earnings In Pakistan

The conventional theory of human capital developed by Becker (1962) and Mincer (1974) views education and training as the major sources of human capital accumulation that, in turn, have direct and pos...

by Zafar Mueen Nasir | On 29 Mar 2018

Understanding Gendered Empowerment Through a Government-run Microfinance Programme: The case of Stree Shakti in Karnataka

The report indicated a widespread stagnation of women’s work participation in poorer districts, a narrowing of their work, income, prospects and opportunities, growing wage differentials between men a...

by Centre for Budget and Policy Studies CBPS | On 23 Mar 2018

Towards a Green Public Bank in the Public Interest

Four decades of neoliberal market fundamentalism and its relentless assault on the public sector and our understandings of publicness have generated a profound crisis of social reproduction and envi...

by | On 21 Mar 2018

A New Model of Mergers and Innovation

This paper reexamines the impact of merger on innovation. Unlike as in Federico et al (2017), it considers the scenario where merged firms combine their research labs. It shows that, in equilibrium, e...

by Piuli Roy Chowdhury | On 14 Mar 2018

Measuring the Equilibrium Impacts of Credit: Evidence from the Indian Microfinance Crisis

In October 2010, the state government of Andhra Pradesh, India issued an emergency ordinance, bringing microfinance activities in the state to a complete halt and causing a nation-wide shock to the li...

by Emily Breza | On 10 Mar 2018

Incentives Can Reduce Bias in Online Reviews

Online reviews are a powerful means of propagating the reputations of products, services, and even employers. However, existing research suggests that online reviews often suffer from selection bias—p...

by Ioana Marinescu | On 07 Mar 2018

SAARC Food Bank (SFB) Institutional Architecture and Issues of Operationalisation

In view of the need for an appropriate institutional architecture to address the food security concerns in South Asia, issues of proper operationalisation of the SAARC Food Bank (SFB) have assumed cr...

by | On 06 Mar 2018

The Multilateral Legal Instrument: A Developing Country Perspective

This paper makes an attempt to assess whether this instrument has succeeded in bringing about the desired changes. A unique database is constructed on the basis of these country positions. Using this...

by Suranjali Tandon | On 03 Mar 2018

Microfinance and Women EmpowermentEmpirical Evidence from the Indian States

Microcredit is essentially utilised as the source of empowerment among the poor women in both rural and urban areas of the Indian states. Based on a panel of the Indian states for the period 2007 to...

by | On 27 Feb 2018

The Contribution of Gender-Based Violence and Network Trauma to Gender Differences in Post-Traumatic Stress Disorder

The paper narrates that the two common domains of trauma, network trauma and gender based violence (GBV), may contribute to this gender difference in PTSD rates.

by Derrick Silove | On 21 Feb 2018

‘Television Was Left On, a Running Tap, from Morning till Night’: The Indian Premier League (IPL)

There is no sport without television. Television has become vital to the existence and sustenance of all sport, including cricket. This paper focuses on the broadcast technologies of television and...

by | On 15 Feb 2018

Pakistan’s Inter Services Intelligence (ISI) in North East India

The report says that the ISI has been equally thorough and ruthless in repressing political opponents to the military regimes that have ruled over Pakistan for more than half of its fiftyseven years o...

by Harinder Sekhon | On 12 Feb 2018

Kerala Budget 2018-19

Budget speech of Finance Minister of Kerala.

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

Economic Survey 2017: Volume II, Chapter 9: Services Sector

The report says that as per the UN National Accounts Statistics data, India’s ranking improved from 14th position in 2006 to 7th position in 2016, among the world’s 15 largest economies in terms of ov...

by Arun Jaitley | On 31 Jan 2018

Economic Survey 2017: Volume II: Chapter 6: External Sector

India’s external sector continued to be resilient and strong in 2017-18 so far, with the Balance of Payments situation continuing to be comfortable with the Current Account Deficit at 1.8 percent of ...

by Arun Jaitley | On 31 Jan 2018

Economic Survey 2017: Volume II: Chapter 3: Monetary Management and Financial Intermediation

During 2017-18 (till January), monetary policy remained steady with only one policy rate cut in August. As the Y-o-Y effect of demonetisation wore off, the growth rate of both Currency in Circulatio...

by Arun Jaitley | 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

Green Paper on Farmers, Farming and Rural Economy: 4 Years… 4 Budgets: What has this Central Government Delivered?

most of the major policy measures promised by this government to the Indian farmers have not seen the light of the day. No social security measures have been taken for farmers above the age of 60 or...

by ASHA Kisan Swaraj Alliance | On 31 Jan 2018

Ecommerce and Firm Performance: Evidence from Korea

The paper aims to characterize and test performance differences between ecommerce and non-ecommerce firms or establishments.

by Lee Yub | On 26 Jan 2018

Regulating the Digital Economy: Are we Moving Towards a 'win‐ win' or a 'lose‐lose' ?

The digital economy has been growing by leaps and bounds in recent years, mostly as a result of new digital technologies that are promoting a global transformation to industry 4.0. The resulting expa...

by Padmashree Gehl Sampath | On 23 Jan 2018

Ebola Outbreak: Lessons Learnt and Future Challenges

The article discusses the devastating effect of Ebola outbreak and challenges in terms of combating this lethal disease.

by Anshu Joshi | On 18 Jan 2018

The Politics of Institutional Reform and Post-Conflict Violence in Nepal

How does the reform of state institutions shape prospects for peace after war? Existing re- search on the institutional causes of peace focuses on how institutional designs, as the out- comes of ref...

by Julia Strasheim | On 17 Jan 2018

Impact Assessment Study of Digital Saksharta Abhiyan

An "Impact Assessment Study of the Digital Saksharta Abhiyan under National Digital Literacy Mission” was initiated in November 2016 by Centre for Innovations in Public Systems (CIPS), Hyderabad, Te...

by Centre for Innovations in Public System | On 16 Jan 2018

Negotiating Placeness Tribal Communities in Western Ghats

‘Lived place’ refers to the subject perception of place. It is concrete and based on experience. For the tribal communities staying or camping in the forest, it is their ‘lived place’ about which they...

by | On 12 Jan 2018

The National Bank for Agriculture and Rural Development (Amendment) Bill, 2017

A Bill further to amend the National Bank for Agriculture and Rural Development Act, 1981. Be it enacted by Parliament in the Sixty-eighth Year of the Republic of India as follows: This Act may be ca...

by Lok Sabha Secretariat | On 09 Jan 2018

Fuelling Trade in the Digital Era: The Global Landscape and Implications for Southeast Asia

The purpose of this paper is to propose specific ways in which developing countries can best fuel trade in the digital era.

by Kati Suominen | On 21 Dec 2017

Evolution of the Infant Health Production Function

This article provides a systematic review of the published literature to date on infant health production and how it has evolved over the past 3-4 decades as data have become more available, computing...

by Hope Corman | On 19 Dec 2017

Can Cheap Oil Hurt Net Importers? Evidence from the Philippines

This paper evaluates the impact of oil price shocks on the Philippines—a developing country and a net oil-importing economy.

by Arlan Brucal | On 15 Dec 2017

Toward A Common Framework For Informal Employment Across Developed And Developing Countries

This paper addresses the importance of developing a common framework for defining informal employment in developed countries, and highlights issues that arise when applying the definition of informal...

by Françoise Carré | On 06 Dec 2017

Monetary Policy and Credit Demand in India and Some EMEs

Impact of changes in policy rate of interest on demand for bank credit is examined for seven emerging market economies including India for the period 2002 to 2010. Panel data techniques are used after...

by | On 01 Dec 2017

India-Pakistan Trade: Perspectives from the Automobile Sector in Pakistan

This paper proposes a way forward whereby the commerce ministries of India and Pakistan can address the concerns of Pakistan’s auto sector and create a win-win milieu.

by Vaqar Ahmed | On 29 Nov 2017

A Region at Risk : The Human Dimensions of Climate Change in Asia and the Pacific

Asia and the Pacific continues to be exposed to climate change impacts. Home to the majority of the world’s poor, the population of the region is particularly vulnerable to those impacts. Unabated war...

by Asian Bank | On 23 Nov 2017

The Determinants of Virtue: Modelling Changes in the CSR Ratings of Chinese Firms

Most empirical studies on Corporate Social Responsibility (CSR) use cross-sectional data or case studies, making causality hard to establish. The paper overcomes this limitation by using panel data on...

by Shuangqi Wu | On 23 Nov 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

Severe Air Pollution and School Absences: Longitudinal Data on Expatriates in North China

The paper uses a six-year panel of 6,500 students at three international schools in a major city in north China to estimate how fluctuation in ambient PM2.5 over the preceding fortnight impacts daily...

by Haoming Liu | On 20 Nov 2017

Creating Good Employment Opportunities for the Rural Sector

This paper examines the potential for sector-specific productivity growth, human capital, credit markets, and infrastructure to contribute to the development of stable, well-paid employment in rural a...

by | On 20 Nov 2017

Demonetisation Post-Truths

On the day when the Reserve Bank of India (RBI) finally reported that almost 99% of the proscribed currency notes of ?500 and ?1,000 denomination had returned to the banking system by 30 June 2017, th...

by | On 17 Nov 2017

Knowledge attitude and practice survey on social protection schemes in selective districts

The study focus on the existing social assistance schemes targeted towards the extreme poor.

by Rabia Tabassum | On 16 Nov 2017

Socially Disadvantaged Groups and Micro-finance in India

About two-thirds of microfinance clients in India are reported to be in Self-Help Groups (SHGs). These mostly women’s groups have been promoted by nationalized banks since the early nineties to improv...

by Jean-Marie Baland | On 06 Nov 2017

Impact Assessment Study of Digital Saksharta Abhiyaan

An "Impact Assessment Study of the Digital Saksharta Abhiyan under National Digital Literacy Mission” was initiated in November 2016 by Centre for Innovations in Public Systems (CIPS), Hyderabad, Tela...

by | On 03 Nov 2017

From reference levels to results reporting: REDD+ under the UNFCCC

This report will also summarize experiences with the technical assessment process as of early 2017 and offer an overview of initial REDD+ results reporting and technical analyses of those reports.

by Food and Agricultural Organization [FAO] | On 31 Oct 2017

Daily Stock Market Movements: From the Lens of News and Events

This study analyzes the effect of daily movements in KSE-100 Index due to different policies announced as well as incidents/events happened in the country.

by Shahid Raza | On 31 Oct 2017

New Issues Puzzle: Experience from Karachi Stock Exchange

Study finds that both groups of IPOs outperforms on first trading day, as average initial market adjusted returns of SOE and non-SOE IPOs are 27.65 percent and 22.53 percent respectively.

by Henna Malik | On 30 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

Working Group on Education: Digital Skills for Life and Work

The reports says that the question of how digital skills and competencies can be developed by all people — young and old, girls and boys, rich and poor — on a sustainable basis is an ongoing challenge...

by Broadband Commission Development | On 26 Sep 2017

The Plutocratic Bias in the Indian CPI

The Laspeyres-type consumer price index (CPI) is traditionally used to measure the changes in cost-of-living over time. Studies indicate this CPI suffers from a plutocratic bias, attaching greater wei...

by Dilip M. Nachane | On 18 Sep 2017

Watching India's Insolvency Reforms: A New Dataset of Insolvency Cases

This paper introduces a new dataset of orders passed by the National Company Law Tribunal (NCLT) in the insolvency cases under the Insolvency and Bankruptcy Code or IBC. It builds this dataset to atte...

by Sreyan Chatterjee | On 18 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

Slowdown in Bank Credit Growth: Aggregate Demand or Bank Non-Performing Assets?

This paper tests the bank lending channel against the aggregate demand channel as an explanation for slow credit growth by estimating the determinants of credit and of non- performing assets (NPAs) us...

by Ashima Goyal | On 15 Sep 2017

Estimating the Relationship between the Current Account, the Capital Account and Investment for India

Causality from the capital account (KA) to the current account (CA) of the balance of payments indicates disruption from capital flows while the reverse can indicate smooth financing of the CA that al...

by Ashima Goyal | On 15 Sep 2017

Public Health Innovation and Intellectual Property Rights

The World Health Organization considered that its mission demanded it should play a part in this debate, with the objective of illuminating how intellectual property rights might affect public health...

by World Health Organisation (WHO) | On 14 Sep 2017

Growth Effects of Economic Globalization: A Cross-Country Analysis

This paper analyses the effect of economic globalization indicators on economic growth through the channels of Total Factor Productivity (TFP) by using panel data approach and conducting policy simula...

by Sovna Mohanty | On 13 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

Womanhood Beyond Motherhood: Exploring Experiences of Voluntary Childless Women

This study attempts to explore the emerging issue among women in Indian cities who voluntarily chose to be childless, with an emphasis on the reasons accorded for opting out of motherhood. Findings of...

by Chandni Bhambhani | On 07 Sep 2017

Economic Globalization and Income Inequality: Cross-country Empirical Evidence

This paper analyses the effect of economic globalization on income inequality in both cross-country and country-specific framework using panel data techniques and policy simulations. The sample compri...

by Sovna Mohanty | On 07 Sep 2017

The Operation of the Gold Standard in the Core and the Periphery Before the First World War

This paper examines the operation of the gold standard (GS) during the period 1870-1914, its heyday. It discusses the theory of balance of payments adjustment under the GS. Theory postulates automatic...

by Manmohan Agarwal | On 06 Sep 2017

Toward a New Frame for Regional Films: Manbhum Videos and the Other Side of (Indian) Cinema

This article focuses on the production and mass circulation of locally produced videos in and across socially marginalized areas of Bengal. It emerges from the research conducted on the video industry...

by Madhuja Mukherjee | On 31 Aug 2017

'Urban Bias' in the Flow of Funds and Deposit Mobilisation: Evidence from Karnataka, India

The paper argues that as bankers consider deposits a means for security, easy and attractive deposit schemes should be introduced in rural areas.

by Gagan Bihari Sahu | On 23 Aug 2017

Taking it to the Bank: Gender Issues at the New Development Bank

BRICS is a hot topic today. It is the new “kid” or the next big thing in global governance and in macro economics today. Set up in 2009, in the aftermath of 2008 global financial crisis with four coun...

by Shubha Chacko | On 22 Aug 2017

Negotiating Placeness: Tribal Communities in Western Ghats

By way of this contact, communities have re-constituted their relation with the forest, their identity and relations with others.

by M. Suresh | On 22 Aug 2017

Estimating the Value of New Generation Internet Based Applications in India

The study attempts to measure growth elasticity based on Internet usage and not Internet penetration. It is a refinement in the approach to measure impacts given that subscriptions sometimes do not tr...

by Rajat Kathuria | On 21 Aug 2017

Extreme Heat And Migration

The impacts of climate change on global temperatures profoundly affect people’s ability to sustain their livelihoods as well as their health; both of these dimensions in turn influence the migration o...

by International Organisation for Migration | On 18 Aug 2017

World Trade Statistical Review

The report provides a detailed analysis of the latest developments in world trade.

by World Trade Organisation WTO | On 17 Aug 2017

Can Asset Reconstruction Companies (ARCs) be Part Solution to the Indian Debt Problem?

This paper details the approaches of other countries when their banking sectors were burdened with unsustainable levels of impaired assets. The paper examines the bad debt situation in India, the circ...

by Jaimini Bhagwati | On 11 Aug 2017

Demonetisation: Macroeconomic Implications for Indian Economy

The present paper attempts to explore the macroeconomic implications of the “demonetisation” exercise announced on November 8, 2016, for the Indian economy on three board parameters of growth, distrib...

by Pradymna Rawat | On 09 Aug 2017

Factors Influencing Indian Manufacturing Firms’ Decision to Hire Contract Labour

The study attempts to investigate the factors affecting a firm’s decision to hire contract workers. The information from a specially commissioned survey of manufacturing firms undertaken in 2014 by IC...

by Jaivir Singh | 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

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

Risk-weighting under Standardised Approach of Computation of Capital for Credit Risk in Basel Framework – An Analysis of Default Experience of Credit Rating Agencies in India

The paper attempts to find out whether the credit risk regulatory capital of Indian banks is commensurate with the default experience associated with ratings assigned by the Indian rating agencies. Th...

by Ajay Kumar Choudhary | 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

Reviving and Accelerating India's Exports: Policy Issues and Suggestions

This paper based on both desk research and interactions with stakeholders makes a comparative analysis of trade of world, India and its trading partners; examines the various dimensions of India’s t...

by H.A.C. Prasad | On 03 Aug 2017

Decoding the Committee on the Future Economy (CFE) Report 2017: Structuring Partnerships, Changing Mindsets and Nurturing Creativity

The purpose of this research is to elucidate and analyse the underlying thinking behind the CFE strategies in order to determine potential gaps that could arise as the strategies are implemented in po...

by Tan Tai Loong Alex | On 01 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

Does Government Borrowing Crowd out Private Sector Credit in Pakistan

An analysis of the impact of government borrowing from the scheduled banks on the credit to private sector in Pakistan, using monthly data from 1998:M6 to 2015:M12. We find that a one percentage poi...

by Sajjad Zaheer | On 31 Jul 2017

Nuclear Waste Management

This report may lead other nations to follow suit, but countries which do not have large quantities of SNF may find it difficult to justify geological repositories from economic considerations.

by | On 31 Jul 2017

Technology Options for the Sanitation Value Chain

The compendium details the characteristics, advantages and disadvantages of the different technology options, and also describes the different types of systems formed as a combination of the technolog...

by Center for Study of Science, Technology and Policy CSTEP | On 28 Jul 2017

Village Transportation Infrastructure and Women’s Non-agricultural Employment in India: The Conditioning Role of Community Gender Context

Previous studies have examined how demographic characteristics, education, culture, and labor policy suppress Indian women’s labor supply. However, not enough attention has been paid to the role of po...

by Lei Lei | 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

The Impact of Skills Development Initiatives for Adolescents on Climate Adaptive Livelihoods in South-western Bangladesh

BRAC has implemented a pilot project titled ‘Skills Development Initiatives for Adolescents (SDIA) on climate adaptive livelihoods’in two districts of south-western Bangladesh to promote some agricult...

by Md Hasib Reza | On 26 Jul 2017

Gender Equality Results Case Study: Bangladesh - Small and Medium-Sized Enterprise Development Project

The report narrates that in Bangladesh, women-owned SMEs have different characteristics when compared with men-owned SMEs and tend to face specific challenges and obstacles.

by Asian Development Bank Institute | On 25 Jul 2017

The Effect of Oil Shocks and Cyclicality in Hiding Indian Twin Deficits

The paper estimates the relationship between the current account and fiscal deficit, and the real exchange rate, in a structural vector auto regression, with Indian data for the managed float period 1...

by Ashima Goyal | On 22 Jul 2017

Stock Market Participation in the Aftermath of an Accounting Scandal

This paper studies the impact on investor behaviour of fraud revelation. The paper ask if investors with direct exposure to stock market fraud (treated investors) are more likely to decrease their par...

by Renuka Sane | On 22 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

Business Models to Realize the Potential of Renewable Energy and Energy Efficiency in the Greater Mekong Subregion

The report provides outlines of business models relevant to pursuing the renewable energy and energy efficiency targets adopted by the five Greater Mekong Subregion countries: Cambodia, the Lao People...

by Asian Development Bank Institute | On 20 Jul 2017

Aid for Trade in Asia and the Pacific: Thinking Forward About Trade Costs and the Digital Economy

This report takes stock of how AfT has contributed to these trends and considers some constructive ways to move forward, to continue to address trade costs in Asia and the Pacific.

by Asian Development Bank Institute | On 17 Jul 2017

Trade Facilitation for a More Inclusive and Connected Asia and Pacific Region: Progress and Way Forward

This study also describes trade facilitation projects that promote development through deepening regional cooperation and integration.

by Asian Development Bank Institute | On 14 Jul 2017

Harmonization and Standardization of Bond Market Infrastructures in ASEAN+3: ASEAN+3 Bond Market Forum Sub-Forum 2 Phase 3 Report

This report is an outcome of Phase 3 discussions under the ASEAN+3 Bond Market Forum Sub-Forum 2, which have focused on making bond market infrastructures in the region more inter-operable through the...

by Asian Development Bank Institute | On 11 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

Ola and Uber failing to live up to the promises made

With mushrooming of commercial drivers, incomes are falling and expenses are rising. Unable to pay monthly loan instalments, cars are being seized, while contracted employees cannot quit. Will legal p...

by Amrit B L S | On 29 Jun 2017

Fiji: Building Inclusive Institutions for Sustained Growth

This study, using an inclusive growth framework, has identified the critical constraints that Fiji needs to address to strengthen investor sentiment even further and achieve inclusive growth.

by Asian Development Bank Institute | On 27 Jun 2017

Asian Development Outlook 2015 Supplement: Growth Holds Its Own in Developing Asia

The report says Asia’s developing economies remain on track to post growth of 5.8% in 2015 and 6.0% in 2016, as the region’s economies remain resilient to continued economic weakness in industrialized...

by Asian Development Bank Institute | On 26 Jun 2017

Economic Vision of Lord Mahaveera: Building Blocks of Relative Economics

The central themes of Jainism are ahimsa (non-violence), anekant (nonabsolutism) and aprigraha (non-possession). Non-violence strengthens the autonomy of life of every being and if one believes that e...

by MC Singhi | On 22 Jun 2017

Transitions to K–12 Education Systems: Experiences from Five Case Countries

The paper says that preparing and implementing a K–12 transition absorbs considerable financial and human resources. It follows that the reasons for restructuring must be compelling.

by Jouko Sarvi | On 21 Jun 2017

Sri Lanka: Development Effectiveness Brief

The paper says that Sri Lanka has emerged in recent years as one of the most dynamic countries in South Asia. With a rich cultural heritage, an increasingly sophisticated work force, and a strategic l...

by Asian Development Bank Institute | On 19 Jun 2017

The Asian Bond Markets Initiative: Policy maker achievements and challenges

This paper also provides recommendations for addressing new sources of market volatility and other challenges within and outside the framework of the Asian Bond Markets Initiative.

by Asian Development Bank Institute | On 15 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

Asian Development Outlook 2016: Highlights

The paper narrates that the risks are tilted to the downside as tightening US monetary policy may heighten financial volatility, further moderation in the People’s Republic of China could spill over i...

by Asian Development Bank Institute | On 14 Jun 2017

Myanmar Transport Sector Policy Note: How to Reduce Transport Costs

This report includes proposed measures for Myanmar’s road sector, rail sector, river transport, and policy measures, summarizing the costs and benefits of each, ranked by their benefit-to-cost-ratio.

by Asian Development Bank Institute | On 02 Jun 2017

Safety and Intelligent Transport Systems Development in the People’s Republic of China

This report identifies factors which contribute to collisions that can be addressed by intelligent transport systems technologies in the People’s Republic of China. It examines opportunities for estab...

by Asian Development Bank Institute | On 24 May 2017

ASEAN+3 Bond Market Guide 2016: Japan

The paper narrates that the Government of Japan raises significant amounts from domestic capital markets to finance government expenditures, mainly through the issuance of Japanese Government Bonds (J...

by Asian Development Bank Institute | On 16 May 2017

Identity for Development in Asia and the Pacific

The objective of this report is to help governments and multilateral institutions assess and integrate ID systems into their development activities. The intended audience includes government policy ma...

by Asian Development Bank Institute | On 15 May 2017

Credit Guarantees: Challenging Their Role in Improving Access to Finance in the Pacific Region

This paper draws on the background research by Saumya Mitra. PSDI thanks Erik Aelbers for preparing Appendix 2: Credit Guarantee Schemes in the Pacific, and Melissa Dayrit and Amanda Lucas-Frith for h...

by Asian Development Bank Institute | On 11 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

Bangladesh: Development Effectiveness Brief 2017

The project has dramatically changed the life of Rabeya Sultana, chair of the women-led slum improvement committee formed under the project in Cox's Bazar. "Managing people and money gave me more co...

by Asian Development Bank Institute | On 08 May 2017

Eradicating Poverty and Promoting Prosperity in a Changing Asia-Pacific

This report explores three entry points to the theme of poverty and prosperity: (i) managing urbanization for inclusive development, (ii) strengthening responses to rural poverty in the context of t...

by Asian Development Bank Institute | On 04 May 2017

Cost Channel, Interest Rate Pass-Through and Optimal Policy under Zero Lower Bound

This paper analyzes optimal monetary policy under zero lower bound in the presence of cost channel. Cost channel introduces trade-o¤ between output and inflation when economy is out of ZLB. As a res...

by Taniya Ghosh | On 04 May 2017

From Participation To Repurchase: Low Income Households And Micro-Insurance

The paper asks what drives insurance coverage in low income households by analysing repurchase patterns of micro-insurance policies. The paper uses data on customers of a financial services provider...

by Renuka Sane | On 03 May 2017

Policies to Expand Digital Skills for the Machine Age

A new technological epoch is underway – the so-called Machine Age – reflecting advances in artificial intelligence, digitalisation and Big Data. Some commentators have claimed that this epoch is diffe...

by | On 27 Apr 2017

Smart Cities Movement in BRICS

BRICS nations are today cooperating on numerous matters of mutual concern. The cooperation is the result of years of deliberation, hard work and commitment. Since the formation of the grouping in the...

by | On 14 Apr 2017

Global Wage Report 2016/17: Wage Inequality in the Workplace

This new ILO Global Wage Report – the fifth in a series that now spans over a decade – contributes to this agenda by making comparative data and information on recent wage trends available to governme...

by International Labour Organization [ILO] | On 14 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

Marriage Markets in Developing Countries

This chapter reviews the literature on marriage in developing countries. We describe how marital matching occurs; the trends in age at marriage; assortative mating patterns; marriage payments; and spo...

by | On 16 Mar 2017

The Inclusive Growth and Development Report 2017

This Report, and the System Initiative on Economic Growth and Social Inclusion of which it is part, exemplify the World Economic Forum’s ambition to serve as a platform to enable closer cooperation be...

by | On 27 Feb 2017

The Origins and Extent of Entrepreneurial Action-Orientedness: An Experimental Study

We test the hypothesis, based on popular and theoretical perspectives, that entrepreneurs are more action-oriented than other occupational groups. We compare their playing strategies in an optimal sto...

by | On 21 Feb 2017

The Cyber Command: Upgrading India's National Security Architecture

India is increasingly vulnerable to cyber attacks that range from intrusions that affect the integrity of data to large-scale attacks aimed at bringing down critical infrastructure. This vulnerability...

by | On 03 Feb 2017

Budget Speech 2017-18

Budget speech by Finance Minister of India, Mr.Arun Jaitley.

by Arun Jaitley | On 01 Feb 2017

Budget in the Time of Demonetisation

Demonetisation is a weapon to stop the black money in the country. But cash is only a small portion of black money. Also the economy has been affected by this step. How will the government tackle this...

by Rakesh Mumbai | On 27 Jan 2017

Stakeholders' Engagements with the Community Health Worker: The Accredited Social Health Activist (ASHA)

In India the Community Health Worker has long been a part of health care services for rural populations across the voluntary sector. As far as India?s public health sector is concerned, Community Heal...

by Kavita Bhatia | On 27 Jan 2017

Demonetisation: A Positive Effect on Budget to Channelise Nation's Growth Prospects

The aim of this article is to present that the Positive effect of demonetisation on upcoming budget for national growth. And demonetisation is one of the tools to be used for minimize the counterfeit...

by P Shekar | On 25 Jan 2017

CMs Committee on Digital Payments Presents Interim RepoT to the Prime Minister

The presentation shows the methods through which non-cash payments can be made, the constraints to it, efforts needed for proposed actions from key stakeholders, policies needed to promote digital pa...

by Nara Chandrababu Naidu | On 25 Jan 2017

Demonetization of Currency Notes: Significance and Challenges

Demonetization is the act of stripping a currency unit of its status as legal tender. Demonetization is necessary whenever there is a change of national currency. The old unit of currency must be reti...

by | On 18 Jan 2017

Securing Property Rights in India Through Distributed Ledger Technology

India registered rapid economic growth over the past couple of years, with the GDP growing 7.6 percent in 2015-2016. While economic activity remains buoyant, however, the country still has a long way...

by | On 11 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

Impact of Internet and Digitisation on SMBs in India

“Small and Medium Businesses (SMBs) form the backbone of the Indian economy making large contributions to important economic indicators as well as household incomes. Digital technologies have transfor...

by | On 05 Jan 2017

Demonetization, the Cash Shortage and the Black Money

Demonetisation of INR 500 and INR 1,000 notes in India on November 8, 2016 is different from many other countries’ scrapping of high value notes in two respects – the withdrawal of their legal tende...

by Ashok K. Lahiri | On 02 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

The Move to Cashless Economy May be Modernity But Definitely Death of Social Relations

There is an enormous mismatch between expectation and reality on this issue. Some people seem to assume that India could quickly go cashless during this period of remonetisation of cash. This prematur...

by Shyam Sundar | On 27 Dec 2016

Cost of Controlling Water Pollution and its Impact on Industrial Efficiency

This paper estimates the cost of effluent discharge regulations for firms located in the lower Kelani River catchment in Sri Lanka. The river provides water for many economic purposes including drin...

by Asha Gunawardena | On 23 Dec 2016

Air Pollution and Health Damages in China: An Introduction and Review

The authorities have responded to this challenge, and there has been clear progress in some areas of pollution control. As a result of these actions, and concurrent changes in economic policies and th...

by | On 23 Dec 2016

Bank Lending and Loan Quality: The Case of India

This paper analyses how non-performing loans (NPLs) of Indian banks behave through the cycle. We find that a one-percentage point increase in loan growth is associated with an increase in NPLs over...

by Pallavi Chavan | On 15 Dec 2016

Digital Payments: Step by Step Instructions for Various Modes of Payment-Cards, USSD, AEPS, UPI, Wallets

After the demonetization, it has become difficult to make payments through cash. How make digital payments is explained here. [MoEF].

by Niti Aayog GOI | On 14 Dec 2016

Inflation in Pakistan: Money or Oil Prices

The study attempted to investigate the determinants of inflation in case of Pakistan and to check the validity of monetarist stance that inflation is always and everywhere a monetary phenomenon by i...

by Mehak Moazam | On 07 Dec 2016

The "Discouraged Worker Effect" in Public Works Programs:Evidence from the MGNREGA in India

This study investigates the consequences of poor implementation in public workfare programs, focusing on the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) in India. Using national...

by Sudha Narayanan | On 29 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

Evolution of Payment Systems in India: Or is it a Revolution?

A silent revolution is sweeping the country. That is because, the payment systems has been evolving and changes have been continuous over the last 35 years, it has rarely got noticed as a revolutio...

by R. Gandhi | 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

A Stagnant Agriculture in Kerala: The Role of the State

The paper shows that disincentives generated by the successive governments in Kerala through imposing artificial barriers on the freedom of farmers and agricultural entrepreneurs resulted in the coll...

by Lekshmi R Nair | On 08 Nov 2016

The Ease of Doing Business Rank: An Assessment of its Macroeconomic Relevance

This paper examines the macroeconomic impact of World Bank’s Ease of Doing Business (EDB) rank, of increasing importance to policy makers, using simple but robust cross-country regressions. Its main f...

by | On 27 Oct 2016

Men, Masculinities & Climate Change: A Discussion Paper

“Men, Masculinities and Climate Change: A Discussion Paper” aims to establish a rationale for understanding boys’ and men’s multiple roles in climate change by conducting an analysis of masculinities...

by | On 13 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

Let's Play - An Action Plan to achieve 50 Olympic Medals

NITI Aayog presents a 20 point action plan that highlights some key areas in sports that require improvement. These action points have been divided to a short term vision (4 to 8 years) and a medium...

by Niti Aayog GOI | On 27 Sep 2016

Determinants of Outsourcing in the Automobile Sector in India

This study involves the determination of outsourcing based on the market structure technology imports and technical efficiency for the automotive sector in India. An important characteristic of this...

by Santhosh K. Sahu | On 26 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

Do Men Matter to Female Competition Even When They Don’t?

A large literature attempts to identify factors that contribute to gender differences in performance and in the decision to compete. We exploit a highly competitive environment in which elite-female a...

by Erica G. Birk | On 22 Sep 2016

A Vision for the Least Developed Countries Fund in a Post-Paris Climate Regime

The 48 Least Developed Countries (LDCs) are the only country grouping to have a dedicated article in the UN Framework Convention on Climate Change (UNFCCC). Article 4.9 commits all parties to the conv...

by | On 22 Sep 2016

Asset Quality of Indian Banks: Way Forward

The Indian banks in general, and the Public Sector Banks (PSBs) in particular, are grappling with the huge stock of stressed assets that has piled up in the system over the years. Any amount of discus...

by N.S. Viswanathan | On 19 Sep 2016

The Indian Steel Sector: Development and Potential

The Indian steel industry has made a rapid progress on strong fundamentals over the recent few years. The industry is getting all essential ingredients required for dynamic growth. The government is b...

by | On 19 Sep 2016

Defined by Absence: Women and Research in South Asia

There is a closing of the gender gap in many parts of the world in terms of female access to education and enrolments at various levels of secondary and tertiary level. The World Economic Forum recent...

by | On 09 Sep 2016

Does Government Spending on Social Sector Impacts Growth? An Analysis Across Indian States for the Last Two Decades

This paper attempts to examine the impact of government expenditure in social sector on economic growth at the state level for 15 major states. The study reveals that the share of social sector expend...

by | On 07 Sep 2016

Who Takes a Call on Price Stability, the Government or the RBI?

The question here is, whether it’s the responsibility of the Government or the Central Bank to ensure price stability in an economy? For instance, what was the role of the RBI when the prices of pulse...

by Deepthi Mary Mathew | 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

Impact of Store Format on Shopping Involvement

Store formats exist in three forms of convenience, variety and experience. Shopping involvement tends to change across these formats. This current study (a) establishes the role of store formats on...

by Piyush Kumar Sinha | On 01 Sep 2016

Should Countries Be More Like Shopping Malls? A Proposal for Service Performance Guarantees

Many developing countries have made progress in political openness and economic management but still struggle to attract private sector investments, at least outside of narrow, resource-based enclaves...

by Alan Gelb | On 01 Sep 2016

ABCD of MSME Credit

According to MSME Ministry’s Annual Report for 2015-16, MSME sector in India today is a network of 51 million enterprises providing employment to 117.1 million persons and contributing 37.5 per cent...

by S.S. Mundra | On 29 Aug 2016

Large-Scale Migration and Remittance in Nepal: Issues, Challenges, and Opportunities

Almost half of all households have at least one migrant abroad or a returnee. Estimates of the number of Nepali migrants abroad vary widely, but the most frequently cited estimate, including seasonal...

by World Bank [WB] | On 25 Aug 2016

Microcredit Program Participation and Household Food Security in Rural Bangladesh

We use a relatively new and unique panel dataset collected from rural households in Bangladesh to examine the effect of microcredit program participation on household food security. The main distingui...

by | On 25 Aug 2016

Credit Surety Fund: A Credit Innovation for Micro, Small, and Medium-Sized Enterprises in the Philippines

Micro, small, and medium-sized enterprises are a backbone of the Philippine economy. One factor that hinders the growth of these enterprises is their difficulty in accessing finance from banks and o...

by Gary V Maningo | On 19 Aug 2016

Optimal Domestic (And External) Sovereign Default

Infrequent but turbulent episodes of outright sovereign default on domestic creditors are considered a “forgotten history” in Macroeconomics. This paper proposes a heterogeneous-agents model in which...

by Pablo D'Erasmo | On 17 Aug 2016

The Dominant Borrower Syndrome: The Case of Pakistan

The pressure fiscal expansion exerts on the economy via credit markets in Pakistan is analysed. Melina and Villa (2014) is extended by allowing government to compete with the private borrowers (firms...

by Sajawal Khan | On 16 Aug 2016

Productivity of Agricultural Credit in India: Assessing the Recent Role of Institutional Credit to Agriculture in India using State Level Data

the study has been able to highlight the increasing role that agriculture credit is playing in supporting agriculture production in recent times- credit accounted for 16% of the total value of paid...

by Sudha Narayanan | On 10 Aug 2016

GST in India: Chasing a Mirage or Reality?

India is moving towards introducing a Goods and Services Tax (GST). The GST would be a multistage comprehensive value added tax (VAT) encompassing both goods and services. Given the federal structur...

by Sacchidananda Mukherjee | On 09 Aug 2016

Policy and Evidence

There has to be evidence in the policy dialogue. Some may believe that all it takes to convince the body politic of the necessity to choose one policy over another is to present the evidence, complete...

by Raghuram G. Rajan | On 03 Aug 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

From participation to repurchase: Low-income households and micro-insurance

The paper asks what drives insurance coverage in low-income households by analysing repurchase patterns of micro-insurance policies. It uses data on customers of a financial services provider from thr...

by Renuka Sane | On 26 Jul 2016

The Impact of Micro-Credit on Employment: Evidence from Bangladesh and Pakistan

This paper examines the impact of micro-credit on employment. Household-level data was collected, following a quasi-experimental design, in Bangladesh and Pakistan. Three borrower groups are compared:...

by Azhar Kahn | On 19 Jul 2016

The Empirical Economics of Online Attention

This paper models and characterizes how households allocate their scarce attention in arguably the largest market for attention: the Internet. It identifies vast and expected changes in those househol...

by Andre Boik | On 19 Jul 2016

Economic Reform and Social Sector Expenditures: A Study of Fifteen Indian States

This paper examines social sector expenditures in fifteen Indian states between 1980/81 and 1999/2000 to find out whether the far-reaching economic reforms that began in 1991 had any significant impac...

by | On 19 Jul 2016

A More Sustainable Energy Strategy for India

This paper analyses what is possible as a low carbon scenario for India using India Energy Security Scenarios-2047 tool developed by the erstwhile Planning Commission and later refined by its successo...

by Montek Ahluwalia | On 19 Jul 2016

Bank Ownership, Board Characteristics and Performance: Evidence from Commercial Banks in India

This paper examines the importance of board size and board composition in determining bank outcomes using data from an emerging economy, India, and using a sample that includes both public and priva...

by Jayati Sarkar | On 09 Jul 2016

Evolution of the insolvency framework for non-financial firms in India

In this paper, the evolution of the corporate insolvency resolution framework, with the objective of linking it back to the policy directive of the time is described. It is concluded that when policy...

by Rajeswari Sengupta | On 09 Jul 2016

All India Report on Input Survey 2011-12

The third phase of the Agriculture Census comprises the Input Survey. This survey provides valuable information on the pattern of usage of agricultural inputs such as chemical fertilizers, organic man...

by Department of Agriculture & Cooperation GOI | On 07 Jul 2016

Vital Stats: Overview of Central Government Employees

The central government periodically constitutes a Pay Commission, to evaluate and recommend revisions of salaries and pensions, for its employees. Recently, the Seventh Central Pay Commission has mad...

by Vatsal Khullar | On 07 Jul 2016

Impact of Board and CEO characteristics on Firms’ Performance

Corporate governance characteristics like board composition and leadership impact a firm’s performance. Researchers have attempted to explain the relationship using different theoretical perspectives...

by Chitra Singla | On 05 Jul 2016

Feasibility of Incentive Based Environmental Instruments in State and Central Taxation Regimes

Taxation policies in India have historically not been environmentally oriented. A tax system is needed whic is environmentally more rational. It is argued in this study that India is currently going...

by D K Srivastava | On 01 Jul 2016

Is Marketing a Science: Debate Revisited

The study conducts a formal analysis of various schools of thought of science. Specifically, the study offers a comparison between historical relativism, scientific realism, logical empiricism, and lo...

by Dheeraj Sharma | On 01 Jul 2016

The Effect of Pollution on Worker Productivity: Evidence from Call-Center Workers in China

The paper investigates the effect of pollution on worker productivity in the service sector by focusing on two call centers in China. Using precise measures of each worker’s daily output linked to dai...

by Tom Chang | On 30 Jun 2016

Farm Women Friendly Hand Book

This Handbook contains special provisions and package of assistance which women farmers can claim under various on-going Missions/ Submissions/ Schemes of DAC & FW, Ministry of Agriculture & Farmer...

by Ministry of Agriculture GOI | On 29 Jun 2016

Resolving Stress in the Banking System

The slowdown in credit growth has been largely because of stress in the public sector banking and not because of high interest rates. As such, what is required is a clean-up of the balance sheets of p...

by Raghuram G. Rajan | On 29 Jun 2016

How Successful Are Banking Sector Reforms in Emerging Market Economies? Evidence from Impact of Monetary Policy on Levels and Structures of Firm Debt in India

In this paper investigates the success of banking reforms in India where significant banking reforms have been introduced since 1990s. Using the argument that well functioning credit markets would ref...

by Sumon Kumar Bhaumik | On 27 Jun 2016

Factors Determining the Roles Board Members Play in Firms

This paper studies how the directors play an important role in influencing board’s action and its effectiveness. This paper attempts to contribute to the existing literature. In this paper, propositio...

by Chitra Singla | On 27 Jun 2016

Can War Foster Cooperation?

In the past decade, nearly 20 studies have found a strong, persistent pattern in surveys and behavioral experiments from over 40 countries: individual exposure to war violence tends to increase social...

by Michal Bauer | On 24 Jun 2016

Implementing the Right to Education Act 2009: The Real Challenges

This study is based on the fact that the implementation of the Act involves serious financial and governance challenges. Considering that different Indian states are at different stages of development...

by Jyotsna Jha | On 23 Jun 2016

Meta-Analysis for Online Retail Performance

The meta-analysis, by combining and synthesizing research of past two decades, attempts to identify key constructs that explain the details of online retail performance in a more coherent manner. The...

by Dheeraj Sharma | On 22 Jun 2016

Changes in Wage Structure in Urban India 1983-2004: A Quantile Regression Decomposition

This paper examines changes in the wage structure in urban India during the past two decades (1983-2004) across the entire wage distribution using the Machado and Mata (2005) decomposition approach. R...

by Mehtabul Azam | On 22 Jun 2016

Labor Migration, Skills & Student Mobility in Asia

Labor migration from and within Asia is a key and growing component of international migration flows, and the joint roundtable by the Asian Development Bank Institute (ADBI), the International Labour...

by OECD Development Centre’s Social Cohesion Uni Social Cohesion Unit | On 21 Jun 2016

Federal Budget of Pakistan 2016

Budget speech of Pakistan 2016-17.

by Mohammad Ishaq Dar | On 17 Jun 2016

Migration and Remittances: Recent Developments and Outlook

According to the World Bank’s Migration and Remittances Factbook 2016, more than 250 million people, or 3.4 percent of the world population, live outside their countries of birth (Figure 1). The volum...

by | On 14 Jun 2016

Landed Property and Credit in Colonial India

The chapter tries to identify three dimensions of land rights – the type of ownership, tenants’ rights, and the right to transfer – to categorise the diversity of land tenures in colonial India. Also,...

by Anand Swamy | On 08 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

Health Sector Financing by Centre and States/UTs in India: [2013-14 to 2015]

Public expenditure data has been sourced from the State budget documents, detailed demand for grants of MoHFW and other Central Ministries/Departments. This document gives in totality classification...

by Ministry of Health and Family Welfare MoH&FW | On 02 Jun 2016

Guidelines for Disposal of Thermoset Plastic Waste including Sheet Moulding Compound (SMC)/Fiber Reinforced Plastic (FRP)

Thermoset plastic when cured by heat or other means, changes into a substantially infusible or insoluble product. The thermoset polymer is a kind of plastic, which due to its composite chemical stru...

by Ministry of Environment, Forests and Climate Chang GOI | On 26 May 2016

Integrated Approaches to SDG Implementation and Indicators: Focus on Forests

Despite their universal and holistic ambition, the Sustainable Development Goals (SDGs) and their targets are shaping up to be too compartmentalised to deliver the integrated approach required. In thi...

by | On 25 May 2016

Effects of Ownership Structure on Capital Structure of Indian Listed Firms: Role of Business Groups vis-a-vis Stand-Alone Firms

The objective of this study was to explore the relationship between promoter ownership and capital structure of firms using a sample of Indian publicly listed firms for the period from 2006 to 2013, d...

by Indrani Chakraborty | On 23 May 2016

Innovation (and Upgrading) in the Automobile Industry: The Case of India

This paper focuses on the automobile industry and examines the nature of global value chains in it with reference to the case of India. The aim is to explore the relation between lead firms, particula...

by Saon Ray | On 23 May 2016

Does Agricultural Credit Play Any Role in Reducing Rural Poverty in Bangladesh?

Since its independence the government of Bangladesh had taken various measures to reduce the intensity of poverty on rural people in Bangladesh. Therefore, the purpose of this study is to examine wh...

by Mahfuza Akther | On 20 May 2016

Occupational Health and Safety and the Poorest

The decline of jobs with secure and lasting contracts and work-related social benefits as well as the corresponding rise in precarious and unprotected work are phenomena affecting both industrialized...

by Anna Marriot | On 18 May 2016

Pursuing Development: The Perils of the Beaten Track

The report of a high level committee led by Vijay Kelkar to promote balanced development in Maharashtra has several important recommendations. But will it all come to nought because of its failure to...

by | On 11 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

Economic Incentives for the Conservation of Bharathapuzha River: Focus on Sand Mining

Rivers in Kerala are assailed by pollution, sedimentation, sand mining, and constriction of flows. The indiscriminate and unscientific sand mining, even in the midst of many regulatory and protective...

by Lakshmi Sreedhar | On 04 May 2016

Building an Institution of Insolvency Practitioners in India

This paper identifies the rationale for creating a cadre of insolvency professionals who can play an important role in the process of rescuing, restructuring or liquidating a distresse...

by Anirudh Burman | On 02 May 2016

Reforming Personal Insolvency Law in India

This paper motivates the need for a personal bankruptcy law, and study the existing Indian legal framework in the form of the Presidency Towns Insolvency Act, 1909 (PTIA) for Calcutta, Bombay and Mad...

by Siva Raman | On 02 May 2016

The Indian Insolvency Regime in Practice-An Analysis of Insolvency and Debt Recovery Proceedings

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.

by | On 02 May 2016

Towards a Tribunal Services Agency

The performance of Indian tribunals has been unsatisfactory. Yet, policy-makers continue to rely heavily on tribunals to achieve their end objective. One example of this are the tribunals which will a...

by | On 02 May 2016

Monetary Transmission in Developing Countries: Evidence from India

This paper examines what the empirical evidence has to say about the strength of monetary transmission in India, using the structural vector autoregression (SVAR) methods that have been applied broadl...

by | On 02 May 2016

Will a Matchmaker Invite her Potential Rival in?

This paper analyzes optimal strategies of an incumbent intermediary, who matches agents on the two sides of a market, in the presence of entry threat under alternative scenarios.

by Rupayan Pal | On 02 May 2016

Limits to Arbitrage: The Case of Single Stock Futures and Spot Prices

Market frictions limit arbitrage, but these frictions affect different stocks differently. Using intraday data on a liquid single stock futures and spot market, we examine the arbitrage efficiency of...

by Nidhi Aggarwal | On 02 May 2016

Impact of Trilemma Indicators on Macroeconomic Policy: Does Central Bank Independence Matter?

This paper shows that the institutional changes such as Inflation Targeting (IT) helps lower inflation without depending upon the level of Central Bank Independence (CBI) in a country as is suggested...

by | On 02 May 2016

Reserve Currencies: Can Multiplicity Work?

The paper analyzes the potential rise of new reserve currencies in the context of the economic and political determinants of an international currency. Two models analyze the role of soft political p...

by | On 02 May 2016

‘Credit’ Transfer, ‘Capital’ Gains and Intellectual Property in the University: Points from a Case Study

An absolute insistence on profits in numbers is increasingly driving the modern University system today. The insistence on metrics as an index of scholarship has entailed a shift toward the market mod...

by Pramod K. Nayar | On 02 May 2016

Issues in SME Financing

This study has been undertaken to examine the maladies and conceivable remedies that associate with Small and Medium Enterprises and related establishments in India. The researcher uncovers a myriad o...

by | On 29 Apr 2016

Intellectual Property Rights: Indian Scenario

Global competitiveness has redefined business strategies worldwide and the focus has certainly shifted to examining how our knowledge resources can reposition our stand in the world market. It means t...

by Sachin Mangal | On 28 Apr 2016

The Designs Act, 2000

India's Design Act, 2000 was enacted to consolidate and amend the law relating to protection of design and to comply with the articles 25 and 26 of TRIPS agreement. The new act, (earlier Patent and De...

by Ministry of Commerce and Industry GOI | On 26 Apr 2016

Piracy of Intellectual Property: Past, Present, and Future

The last few decades have seen enormous growth in piracy of copyrighted goods and, in particular, an enormous growth in piracy of creative works that employ a digital format. In this paper we discuss...

by Michael Waldman | On 15 Apr 2016

Indian Copyright Act, 1957

Copyright is a bundle of rights given by the law to the creators of literary, dramatic, musical and artistic works and the producers of cinematograph films and sound recordings. The rights provided un...

by Ministry of Law and Justice GOI | On 12 Apr 2016

Distortions in Land Markets and their Implications to Credit Generation in India

Land and buildings are a preferred collateral for lenders in India due to its ease of valuation and disposal in the event of default. Yet several distortions afflict Indian land markets that make thi...

by K.P. Krishnan | On 12 Apr 2016

Book Review: Citizenship and Identity in the Age of Surveillance

Review of Citizenship and Identity in the Age of Surveillance. Pramod Nayar, Cambridge University Press, 2015.

by Bhushan Arekar | On 06 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

The New Biosociality

The term ‘biosociality’ was coined in 1996 to describe social identities and sociality founded on genomic diagnosis, but may be extended to include social relationships based on a sharing of knowledge...

by Pramod K. Nayar | On 01 Apr 2016

Temporal Change Detection (2001- 2008): Study of Sundarban

Rate of coastal erosion in the Indian Sundarban have been measured to be about5.50 sq kms / year within the time frame of 2001 - 2009 and eventually it is most dominant in the south western edges of...

by Sugata Hazra | On 29 Mar 2016

Singapore Budget Speech 2016

Budget Speech of 2016 by Finance Minister of Singapore.

by Heng Swee Keat | On 28 Mar 2016

Labor Supply Models: Unobserved Heterogeneity, Nonparticipation and Dynamics

This chapter is concerned with the identification and estimation of models of labor supply. The focus is on the key issues that arise from unobserved heterogeneity, nonparticipation and dynamics. We e...

by Richard Blundell | On 21 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

Post-tsunami Socio-cultural Changes among the Nicobarese: An Ethnography of the Nicobarese of the Southern Nicobar Islands.

The paper traces the impact of welfare and development on the Nicobarese not only in terms of economic and social domination, but in relation to its influence on cultural meanings and practices. The ...

by Ajay Saini | On 21 Mar 2016

Optimal Monetary Policy in the Presence of Sizable Informal Sector and Firm Level Credit Constraint

Optimality of pro-cyclical monetary policy in the presence of informal sector and firm level constraint is analysed. The findings suggest that in case of export demand shock pro-cyclical monetary pol...

by Waqas Ahmed | On 21 Mar 2016

Linkages between Dispersed Urbanisation and Rural Industrialisation: A Case Study from West Bengal

In some poor parts of the world, rural areas are known as pastoral folk; for their heavily dependence on agricultural activities; and for having poor infrastructure, limited employment opportunities a...

by Subrata Dutta | On 20 Mar 2016

Changing Wage Structure in India in the Post-Reform Era

This paper documents the changing structure of wages in India over the post-reform era, the roughly two-decade period since 1993. To investigate the factors underlying these changes, a supply-demand f...

by Basab Dasgupta | On 20 Mar 2016

Is the Worst over for Banks?

Many stalled projects are about to get going again, providing potential relief to banks

by T.N. Ninan | On 19 Mar 2016

Aid for Trade in Asia and the Pacific - Thinking Forward About Trade Costs and the Digital Economy

Aid for Trade (AfT) flows have increased each year since 2006 in the region. And while regional aggregate trade costs continue to fall, many subregions continue to struggle with trade costs that are s...

by Asian Development Bank Institute | On 17 Mar 2016

Price Control on Bt Cotton Seeds in India: Impact on Seed Providers

This paper attempts to examine the impact of such price controls on the revenue and profitability of the seed providers in India. Using a panel data for 9 cotton growing states in India over 2002- 200...

by Anchal Arora | On 16 Mar 2016

Do Foreign Banks in India Indulge in Cream Skimming?

Foreign banks in developing countries are often found to indulge in cream skimming, a lending strategy that targets only wealthy segments of the credit market and exclude small and marginal borrowers...

by Mandira Sarma | On 16 Mar 2016

Cross-Country Analysis of Composition of Human Capital and Total Factor Productivity Growth depending on its Distance to Frontier

This paper empirically examines human capital’s contribution to economy-wide technological progress and also on technical efficiency gain depending on its distance to frontier in a panel of 75 countri...

by Sujata Basu | On 15 Mar 2016

Intergenerational Mobility, Human Capital Composition and Distance to Technological Frontier

The focus of this study is to analyze the relation between intergenerational mobility (upward and downward mobility) and wage inequality (between skilled and unskilled workers) in a dynamic endogenous...

by Sujata Basu | On 15 Mar 2016

The Role of Services in Enhancing Indian Manufacturing Exports: A Firm Level Analysis, 2000-01 to 2011-12

This paper tries to examine and assess the contribution of services towards India’s manufacturing exports at the firm level. The findings confirm that services have contributed to enhanced export comp...

by Sonia Mukherjee | 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

Endogenous Human Capital Formation, Distance to Frontier and Growth

The paper examines human capital’s contribution to economy-wide technological progress through two channels – imitation and innovation – innovation being more skilled-intensive than innovation. It d...

by Sujata Basu | On 15 Mar 2016

Metaguidelines for Water and Climate Change For practitioners in Asia and the Pacific

The Metaguidelines for Water and Climate Change were developed by the Asia–Pacific Water Forum (APWF) and Asian Development Bank (ADB) in collaboration with the Global Water Partnership (GWP). This pu...

by Asian Development Bank Institute | On 15 Mar 2016

Investing in Natural Capital for a Sustainable Future in the Greater Mekong Subregion

The Greater Mekong Subregion (GMS) is poised to continue developing at a significant pace. The subregion is well placed to benefit from the emerging Association of Southeast Asian Nations Economic Com...

by Asian Development Bank Institute | On 15 Mar 2016

Gender mainstreaming Case Study - North East Coastal Community Development Project and Tsunami Affected Areas Rebuilding Project

This case study covers two related projects funded by the Asian Development Bank: the North East Coastal Community Development Project (NECCDP), which aimed to improve sustainable livelihood and natur...

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

Israel-Palestine: New Leadership Needed

With rumors of Israeli-Palestinian negotiations on the verge of restarting, a closer examination of the Israeli political situation and the intentions and calculations of teh current government shows...

by | On 14 Mar 2016

Illegal Markets Boundaries and Interfaces between Legality and Illegality

In sociology generally, the infringement of legal norms is not treated as a special kind of norm violation, the sociology of law being an obvious exception. The study of illegal markets therefore face...

by Renate Mayntz | 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

Results of an Impact Evaluation Study on DepED's School-Based Feeding Program

This paper presents the findings from the impact evaluation of the School Year (SY) 2013–2014 implementation of the program. This is a follow-up on the process evaluation conducted by the PIDS. The st...

by Ana Maria L. Tabunda | On 14 Mar 2016

Liberalizing Lease Market The Andhra Pradesh Land Licensed Cultivators Act

Tenancy has been on the rise in the post economic liberalization period from the decades of 1990s. It was also viewed that freeing the lease market for land may contribute to equity as well as efficie...

by E Revathi | On 14 Mar 2016

Shifting Preferences at the Fed: Evidence from Rolling Dynamic Multipliers and Impulse Response Analysis

The existing empirical literature on Taylor-type interest rate rules has failed to achieve a robust consensus. Indeed, the relatively common finding that the Taylor principle does not hold has fueled...

by Matthew Greenwood Nimmo | On 13 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

A Note on Excess Money Growth and Inflation Dynamics: Evidence from Threshold Regression

We test the effect of excess money growth on inflation using Threshold Regression technique developed by Hansen (2000). The empirical test is conducted using annual data from India for the period from...

by Saumitra N Bhaduri | On 13 Mar 2016

R and D Spillovers Across the Supply Chain: Evidence from the Indian Automobile Industry

This study attempts to capture the impact of vertical and horizontal R and D spillovers across the supply chain. Empirical studies have captured vertical spillovers while finding the role of horizonta...

by Madhuri Saripalle | On 13 Mar 2016

Threats of Nuclear Terrorism: A Case Study of India

In the post-9/11 world, India’s nuclear establishment is threatened by nuclear terrorism. Some analysts suggest that India may be home to up to 36 active terrorist organizations. It is thus crucial th...

by | On 12 Mar 2016

Deep Seabed Minerals: A New Frontier in the Pacific Region

Minerals, such as rare earth metals, are increasingly becoming an important commodity in a resource-constrained world economy. As a result new frontiers both onshore and offshore, to the depths of the...

by | On 12 Mar 2016

Careful Stewardship: Managing Myanmar's Bumpy Road Ahead

Myanmar’s transition process has proceeded apace with significant results already achieved. However, bumps are to be expected on the road ahead which may temporarily throw Myanmar off track. Thus ther...

by | On 12 Mar 2016

Toward Crisis Management in East Asia’s Seas

Maritime disputes in in the East and South China Seas escalated in 2013 and remain locked in a dangerous cycle of action and reaction with the attendant danger of a direct military confrontation betwe...

by | On 12 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

Human Rights in North Korea: Pressure and Engagement

Over a year since its report was published, what are the implications and limitations of the UN Commission of Inquiry’s investigation into human rights violations in North Korea, and what is the best...

by | On 10 Mar 2016

Why South Korea Needs THAAD Missile Defense

South Korea, Japan, and the U.S. need a more effective anti-ballistic missile system to counter North Korea’s increased nuclear and missile threats. Yet Seoul has so far wavered in agreeing to the dep...

by | On 10 Mar 2016

Inflation and the Dispersion of Component Price Indices: A Case for Four Percent Solution

Unlike earlier literature that documented positive association between inflation and the dispersion of relative prices over time, the empirical evidence from this study suggests that the relative pric...

by Sartaj Rather | On 10 Mar 2016

Related Party Transactions and Stock Price Crash Risk: Evidence from India

Related Party Transactions disclosures in Annual Reports have recently gained more attention of the Indian policymakers. This paper aims at finding out the effect of related party transactions disclos...

by Subhra Choudhury | On 10 Mar 2016

Hydropower and Social Conflict in Vietnam: Lessons for Myanmar

Harnessing Myanmar’s hydropower, while essential for the country’s development, has significant potential to stir social unrest in ethnic states. Trang Do and Elliot Brennan argue that Vietnam’s exper...

by | On 10 Mar 2016

Profile of Poverty in Pakistan, 1998-99

The present study while decomposing poverty across different socio-economic groups has included this variable in the analysis. The determinants of poverty based on logistic regressions have also been...

by Sarfraz K. Qureshi | On 10 Mar 2016

An Introduction to the 1998-99 Pakistan Socioeconomic Survey (PSES)

This brief paper is quite focused. It describes the methodology and scope of the household survey carried out by the PIDE between March and July 1999, with an aim to generate nationally representative...

by G. M. Arif | On 10 Mar 2016

Pension System Reforms for Pakistan: Current Situation and Future Prospects

The study deals with pension system reforms for the Pakistan economy and highlights the current situation and future prospects. The study presents an overview of the problems prevailing in current pay...

by Umaima Arif | On 10 Mar 2016

Prevalence and Determinants of Overweight and Obesity Among Adults in Pakistan

The present study ascertains the prevalence and possible causes of overweight and obesity among adult population using Pakistan Panel Household Survey for 2010. The results of the present research sho...

by Maryam Naeem Satti | On 10 Mar 2016

The Transcending Power of Goods: Imaginative Value in the Economy

What do we value? For markets to operate and for economies to grow, producers must attract purchasers to the products they offer. In advanced capitalist economies, market saturation and decline of dem...

by Jens Beckert | On 09 Mar 2016

Top Incomes and Human Well-Being Around the World

The share of income held by the top 1 percent in many countries around the world has been rising persistently over the last 30 years. But we continue to know little about how the rising top income sha...

by Richard V. Burkhauser | On 09 Mar 2016

Stagnation Traps

The provide a Keynesian growth theory in which pessimistic expectations can lead to very persistent, or even permanent, slumps characterized by unemployment and weak growth. We refer to these episodes...

by Gianluca Benigno | On 09 Mar 2016

On the Allocation of Public Goods to Villages in India

The paper tries to analyse the effect of religious composition on the provision of public services captured mainly by infrastructure index, of four types, (i) basic amenities such as water, housing an...

by Santanu Gupta | On 09 Mar 2016

Agricultural Growth and Decomposition of Crop Output in Gujarat: Recent Trends

The growth story of Gujarat’s agriculture has received significant recognition (with around 10 percent growth rate in recent years) and is often being hailed as a role model for other states to follow...

by Itishree Patnaik | On 09 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

The Asian Infrastructure Investment Bank: What Can It Learn From, and Perhaps Teach To, the Multilateral Development Banks?

A striking phenomenon of recent global economic change is the emergence of new development actors, with alternative development experiences and development financing capacity. These actors are now cre...

by Stephany Griffith-Jones | On 08 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

Mega¬ Sporting Events Fuelling Human Trafficking?

The upcoming 2010 FIFA World Cup scheduled to take place in South Africa between 11 June and 11 July 2010 has once again raised concerns over the possibility of human trafficking. A study by the Human...

by S. Rajaratnam International Studies | On 05 Mar 2016

Libya – The Risky Business of Internal Conflict

What started off as a peaceful protest has descended into a full-scale armed insurrection, pitching opposition forces in the east against loyalist forces (estimated at 8,000 and 40,000 respectively)....

by S. Rajaratnam International Studies | On 04 Mar 2016

Growing Optimism Marks Cancún Climate Change Talks

The recent UN Climate Change Conference (COP16) in Cancun, Mexico concluded on a generally positive note as growing optimism replaced the disappointment that defined the 2009 talks in Copenhagen.While...

by S. Rajaratnam International Studies | On 03 Mar 2016

Indradhanush-Banking Sector Reforms

The Indradhanush framework with its seven pronged plan was unveiled by Finance Minister Mr Arun Jaitley on 14th August 2015 for revamping Public Sector Banks (PSBs) of India. In this paper, we look at...

by Sakshi Bhardwaj | On 02 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

Environment And The Aging Experience Among South Indian Hunter-Gatherers

There has been much discussion on aging and peoples’ concerns for old age. However, few studies have been done on the aging experience from an emic perspective. This geroanthropological paper makes an...

by Seetha Kakkoth | On 01 Mar 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

Do Exporting Firms in the People’s Republic of China Innovate?

This paper undertakes econometric analysis of innovation, learning, and exporting in automobiles and electronics firms in the PRC using a large-scale dataset to identify the most appropriate innovatio...

by Ganeshan Wignaraja | On 29 Feb 2016

"Direct Access" to Climate Finance: Lessons Learned by National Institutions

Implementation of the Adaptation Fund and GCF direct access modalities is still in a relatively early stage. (The Adaptation Fund accredited its first implementing entities in 2010; the GCF did so in...

by Indira Masullo | On 29 Feb 2016

Growth Pole Programme For Unorganised Sector Enterprise Development

Government of India constituted the National Commission for Enterprises in the Unorganised Sector (NCEUS) in September 2004 as an advisory body and a watchdog for the informal sector to bring about im...

by National Commission for Enterprises in the Unorgan NCEUS | On 29 Feb 2016

10th CII Corporate Governance Summit

The role of media in corporate governance, role of board of directors, stakeholders' response to news media coverage of corporate governance and the challenges of managing information risk in the digi...

by U.K. Sinha | On 28 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

Rising Milk Price – A Cause for Concern on Food Security

Continuous rise in food prices has been posing a serious policy challenge in India. Milk is a major contributor to the food price rise due to its high growth in demand in the domestic and internationa...

by S. Rajeshwaran | 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

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

Juxtaposing Scientific Uncertainty with Legal Certainty The Carbon conundrum

This paper problematizes the basis for international policies and regulations towards adaptation, mitigation and adjustment for ‘climate change’. Specific aspects of Fourth Assessment Report of IPCC h...

by Nandan Nawn | On 27 Feb 2016

Measuring HDI – The Old, the New and the Elegant: Implications for multidimensional development and social inclusiveness

The Human Development Index (HDI) is calculated using normalized indicators from three dimensions- health, education, and standard of living (or income). This paper evaluates three aggregation methods...

by Srijit Mishra | On 26 Feb 2016

Location Determinants of Foreign Direct Investment in Services: Evidence from Chinese Provincial-level data

This article analyzes the location determinants of foreign direct investment in services, both theoretically and empirically. It hypothesizes four sets of factors as the location determinants of FDI i...

by Feng Yin | On 26 Feb 2016

Economic Survey 2015-16-Volume II

India’s growth story has largely remained positive on the strength of domestic absorption, and the country has registered a robust and steady pace of economic growth in 2015-16 as it did in 2014-15....

by Arun Jaitley | On 26 Feb 2016

Indirect Inference for Dynamic Panel Models

It is well-known that maximum likelihood (ML) estimation of the autoregressive parameter of a dynamic panel data model with Öxed e§ects is inconsistent under Öxed time series sample size (T) and large...

by Christian Gourieroux | On 25 Feb 2016

Accra Conference on Aid Effectiveness Perspectives from Bangladesh

The Centre for Policy Dialogue (CPD), established in 1993, is a civil society initiative to promote an ongoing dialogue between the principal partners in the decision-making and implementing process....

by Dialogue Centre for Policy | On 25 Feb 2016

Nuclear Energy: Addressing the Not-in-my-Backyard Syndrome

The nuclear power states have not resolved the issue of permanent storage of nuclear spent fuel. Countries with existing nuclear facilities also face challenges to the temporary storage of their spent...

by | On 25 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

Massive Open Online Courses: A Primer for Philippine State Universities and Colleges

Massive Open Online Courses and their advent and rising popularity have had a profound impact on the sphere of education in Philippines. Does this new model present an opportunity to re-envision how t...

by Philippine Institute for Development Studies | On 25 Feb 2016

Development Policies and Democratic Disruptions: Predicaments of the Marxist Left

This paper argues that development policies operate in Indian democracy at the interstices of two largely different yet interconnected worlds – of technical formulation and political formations. The I...

by | On 25 Feb 2016

The Use of MOOCs as a Potential Avenue to Modernize Learning in the Philippines

A framework is proposed for understanding the potential value-added of massive open online courses (MOOCs) along the lines of curation, credentialling, and cost. MOOCs are likely to appeal differently...

by Emmanuel S. de Dios | On 25 Feb 2016

Prospects of Wheat and Sugar Trade between India and Pakistan: A Simple Welfare Analysis

Due to a long history of strained political relations between India and Pakistan, trade possibilities between the two neighbouring countries have rarely been studied [Nabi and Nasim (2001), Mukherji (...

by Abid Burki | On 24 Feb 2016

Cost Effectiveness Assessment of Green House Gas Mitigation Options: A Proposed Methodology

The World Bank has been requested by the government of India to undertake a study, “Strategies for Low Carbon Growth.” The study considers different options for low-carbon growth trajectories to fisca...

by Ministry of Environment and Forests GOI | On 24 Feb 2016

Growth and CO2 Emissions: How Does India Compare to Other Countries?

The key question therefore is what India, as a member of the global community which is to collectively address the global challenge of climate change, can be expected to do?and what it has been alread...

by World Bank | On 24 Feb 2016

Clean Coal Power Generation Technology Review: World Wide Experience and Implications for India

The purpose of this report is to provide an overview of the clean coal technologies (CCT) used in power generation worldwide and draw preliminary recommendations regarding the utilization of CCT optio...

by World Bank | On 24 Feb 2016

National Hazardous Waste Management Strategy

National Hazardous Waste management Strategy has now been formulated to complement and strengthen the regulatory regime. This is based on the understanding and experience of diverse issues connected w...

by Ministry of Environment and Forest | On 24 Feb 2016

Modi’s Urban Initiatives – a Paradigm-shift?

A number of new initiatives announced by India’s Prime Minister Narendra Modi now, with the phased goal of transforming the overall quality of life in the country’s urban centres, have been conceptual...

by S Narayan | 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

Food (In)Security in Urban Populations

The food crisis at the end of the last decade and the resulting food riots that occurred in cities all over the world exposed the vulnerability and fragility of the current global food system and high...

by | 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

Post-Crisis Investment Performance Of ASEAN Countries: Impact Of FDI

The paper studies the post-Asian crisis investment performance of crisis affected countries in ASEAN. The empirical evidence clearly indicates that the ASEAN and East Asian countries are emerging from...

by Aekapol Chongvilaivan | 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

Agriculture and Food Security in Asia by 2030

Rapid trade-led economic growth in emerging Asia has been shifting the global economic and industrial centres of gravity away from the north Atlantic, raising the importance of Asia in world trade but...

by Kym Anderson | 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

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

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

Regional Financial Arrangements and the International Monetary Fund

The rise of regional monetary arrangements poses a challenge for the International Monetary Fund (IMF)'s global surveillance efforts. This paper reviews how the IMF has responded to earlier regional i...

by Barry Eichengreen | 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

Pakistan, India and Kashmir: Will Nature force an Aceh Effect?

A recent seismic study has raised questions about the possibility of a “big earthquake” in the Kashmir region, “anytime”. Should one occur with the magnitude that caused the massive Indian Ocean tsuna...

by | On 20 Feb 2016

From Kyoto to Durban: The Fits and Starts of Global Climate Change Negotiations

The 2011 outcomes from the UN’s annual climate change meetings have again been met with both cautious optimism and charges that the process shows few signs of effectively addressing global climate cha...

by | On 20 Feb 2016

Would a Southeast Asian Rice Futures Market Be Feasible, and What of Food Security?

In 2010, it was proposed that Singapore consider hosting an international rice futures market, with cited benefits being enhanced price discovery and price stabilisation. The RSIS Centre for Non-Tradi...

by Sally Trethewie | On 20 Feb 2016

Euthanasia Regime: A Comparative Analysis of Dutch and Indian Positions

Euthanasia has always been in limelight as a subject matter of debate in the field of medicine and law. The euthanasia debate, being a value debate, seems to have no concrete solution, at least in the...

by Sandeepa Bhat B | On 20 Feb 2016

Rio+20 Incorporated? Assessing Diplomatic Outcomes and Private Sector Actions on Sustainable Development

The May 2012 NTS Alert entitled ‘Back to the future: Is Rio+20 a 1992 redux or is there cause for optimism?’ explored the prospects for the June 2012 UN Conference on Sustainable Development (Rio+20),...

by | On 19 Feb 2016

Reducing Indonesia’s Health Risks: Filtering a Smoke-Free ASEAN?

Despite a tobacco control bill, the holding of a tobacco exposition in Jakarta this week 19-21 September thwarts the Indonesian government’s smoke-free initiatives. The expo has the effect of making t...

by | On 19 Feb 2016

Risk and Resilience: Securing Energy in Insecure Spaces

This issues brief outlines key points brought up at an Energy Security Seminar on ‘Risk and Resilience: Securing Energy in Insecure Spaces’ held on 29-30 October 2012 in Singapore. Energy vulnerabilit...

by S. Rajaratnam International Studies | On 19 Feb 2016

Post-Industrial Dynamics and Urban Housing

In his lecture on “Post-industrial dynamics and urban housing”, Hugo Priemus advocates a mixed urban housing strategy to provide high-quality urban housing for knowledge workers and affordable housing...

by Hugo Priemus | 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

Impact Of Trade Liberalisation On Employment In Bangladesh

The present study has examined the changes in the employment scenario of Bangladesh following the pursuance of the trade liberalisation strategy and the possible effects of further trade liberalisatio...

by Wasel Shadat | On 19 Feb 2016

China’s Outbound Investment: The US Experience

U.S. policy expressly welcomes Chinese investment, and since 2000 Chinese companies have invested nearly $50 billion in the United States. Notwithstanding those facts, the U.S. regulatory environment...

by Mark Feldman | On 19 Feb 2016

Gender perspectives in urban planning

Ana Falú from the National University of Cordoba – and the Coordinator of the UN-Habitat UNI Gender Hub – in this lecture discusses urban planning from a gender perspective, with emphasis on both who...

by | On 19 Feb 2016

Where Have China’s State Monopolies Gone?

If China’s economy is an example of ‘state-capitalism’, then its large, state-owned enterprises (SOEs) could be expected to monopolise key sectors. But previous estimates of industrial concentration u...

by Paul Hubbard | 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

Penalising Environmental Violations: An Analysis of The Ministry’s Proposal

In October 2015, the Ministry of Environment, Forest and Climate Change released a Draft Environment Laws (Amendment) Bill 2015 proposing amendments to the Environment (Protection) Act 1986 and the Na...

by Shibani Ghosh | On 18 Feb 2016

Will Rapid Development in Johor Impact Water Access, Quality or Price in Singapore?

Johor’s growth has been both rapid and encompassing, and includes evolving trends in demographic, industrial, transportation and social spheres. Such growth raises significant questions for Singapore,...

by | On 17 Feb 2016

Reflections on an Inclusive and Equitable ASEAN Community in 2015

The ASEAN-Canada Research Partnership was launched in 2012 by the Centre for Non-Traditional Security (NTS) Studies at the S. Rajaratnam School of International Studies (RSIS), Nanyang Technological U...

by S. Rajaratnam International Studies | On 17 Feb 2016

A Social Accounting Matrix for Pakistan, 2001-02: Methodology and Results

This paper describes the structure and construction of a social accounting matrix (SAM) for Pakistan for 001-02. A SAM is an internally consistent extended set of national accounts that disaggregates...

by Paul Dorosh | On 17 Feb 2016

Can Parental Migration Reduce Petty Corruption in Education?

Educational outcomes of children are highly dependent on household and school-level inputs. In poor countries remittances from migrants can provide additional funds for the education of the left behin...

by Lisa Höckel | On 17 Feb 2016

Achieving Skill Mobility in the ASEAN Economic Community Challenges, Opportunities, and Policy Implications

Despite clear aspirations by the Association of Southeast Asian Nations (ASEAN) to create an effective framework to facilitate movements among skilled professionals within the ASEAN Economic Community...

by Demetrios G. Papademetriou | On 16 Feb 2016

Implications for Investment in ASEAN Agriculture

Successful implementation of the AEC2015 should have a positive impact on ASEAN’s agri-food sector, leading to improved food availability for the region and increased exports. Sadly, early signs are n...

by | On 16 Feb 2016

Determinants of Interest Spread in Pakistan

This study examines the determinants of interest spread in Pakistan using panel data of 29 banks. The results show that inelasticity of deposit supply is a major determinant of interest spread whereas...

by M. Idrees Khawaja | On 16 Feb 2016

X-efficiency, Scale Economies, Technological Progress and Competition: A Case of Banking Sector in Pakistan

This study aims at empirical investigation of the x-efficiency, scale economies, and technological progress of commercial banks operating in Pakistan using balance panel data for 29 banks.

by Abdul Qayyum | On 16 Feb 2016

Exchange Market Pressure and Monetary Policy: Evidence from Pakistan

The study employs Girton and Roper (1977) measure of exchange market pressure—sum of exchange rate depreciation and foreign reserves outflow, to examine the interaction between exchange market pressur...

by M. Idrees Khawaja | On 16 Feb 2016

The World Bank and the Asian Development Bank: Should Asia Have Both?

The World Bank and the Asian Development Bank (ADB) face three sets of challenges: those that are common to others in the official development finance community; those that are common to the World Ban...

by Vikram Nehru | On 16 Feb 2016

Supply Chains and Credit-Market Shocks: Some Implications for Emerging Markets

Driven by the increasingly important role of supply chains in global production, this paper studies empirical association between global credit-market shocks and firm behavior towards liquidity needs...

by Yothin Jinjarak | 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

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

From Global Factory to Global Mall: East Asia’s Changing Trade Composition

This paper studies how East Asia’s trade composition and orientation have changed over the past decade and analyzes the implications for the region and beyond. Over the last 2 decades we have witnesse...

by Matthias Helble | On 16 Feb 2016

Effectiveness of the Easing of Monetary Policy in the Japanese Economy, Incorporating Energy Prices

Japan has reached the limits of conventional macroeconomic policy. In order to overcome deflation and achieve sustainable economic growth, the Bank of Japan (BOJ) recently set an inflation target of 2...

by Naoyuki Yoshino | 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

The Taylor Rule and the Macroeconomic Performance in Pakistan

A widely agreed proposition in modern economics is that policy rules have greater advantage over discretion in improving economic performance. Simple monetary policy instrument rules are feasible opti...

by Wasim Shahid Malik | On 15 Feb 2016

Monetary Policy Objectives in Pakistan: An Empirical Investigation

The Taylor rule (1993) focuses only on two objectives: output and inflation. In practice, the central bank’s loss function (especially in developing countries) contains objectives other than these two...

by Wasim Shahid Malik | On 15 Feb 2016

A Primary Survey on Banks in Promoting Women Entrepreneurship in Bangladesh

Bangladesh Bank, the central bank of Bangladesh is contributing significantly to commercial banks to promote women entrepreneurship in Bangladesh. Various helpful policies are initiated to promote w...

by Bangladesh Bank BB | On 15 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

Impact Assessment of Bangladesh Bank's Re-finance Scheme for Financing Agricultural & Non-farm Rural Borrowers of Bangladesh Krishi Bank and Rajshahi Krishi Unnayan Bank

The main objective of this study report is to find out the impact(s) of the refinance scheme of Bangladesh Bank (BB) through comparing the economic well-being of the target group people who have taken...

by Md. Julhas Uddin | On 15 Feb 2016

On the Communication Policy of the Bangladesh Bank

The current thinking on the subject of the central bank communication policy centres squarely on the transparency with which the bank conveys its beliefs on the evolving pattern of macroeconomic funda...

by Bangladesh Bank BB | On 15 Feb 2016

Notes on the Monetary Policy Strategy of the Bangladesh Bank

This document is designed to present a brief but comprehensive view of the real and monetary developments during the immediate past quarters and project the expected developments in the immediate futu...

by Bangladesh Bank BB | On 15 Feb 2016

Monetary Transmission through Bank Portfolio in Bangladesh

This paper examines whether monetary policy transmits through bank assets or liabilities or both. This is an important policy issue since in order to know the effectiveness of monetary policy it is ne...

by Sayera Younus | On 15 Feb 2016

Basel II and Bangladesh: The Challenges Ahead

Basel II consists of three pillars such as Pillar I, II and III. Implementation of this New Accord is a challenge for many developing countries including Bangladesh. This study has made an attempt to...

by Md. Kabir Ahmed | On 15 Feb 2016

Towards a Measure of Core Inflation in Bangladesh: Conceptual Issues

Identifying core inflation has become a very important issue for the Central Banks of the world for last few years. It has also become a practice to monitor the core inflation along side the headline...

by Md. Shahiduzzaman | 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

Measures of Monetary Policy Stance: The Case of Pakistan

In this paper two measures of the monetary policy stance are constructed. The stance of monetary policy, regarded as a quantitative measure of whether the policy is too tight, neutral, or too loose re...

by Farooq Pasha | 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

Income, Public Social Services, and Capability Development: A Cross-district Analysis of Pakistan

Is household income enough for human development or should government direct resources towards the provision of social services to improve capabilities of individuals? The former is emphasised by the...

by Rizwana Siddiqui | 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

Calibrating Law Enforcement and Its Purpose

In “Calibrating Law Enforcement and Its Purpose,” published by Addiction on November 10, 2014, Vanda Felbab-Brown comments on Harold Pollack and Peter Reuter’s article “Does tougher enforcement make d...

by Vanda Felbab-Brown | On 14 Feb 2016

Integrating Disaster Risk Reduction and Climate Change Adaptation into Ecosystem Management of Coastal and Marine Areas in South Asia

The Toolkit o#ers a step-by-step guide for integrating Disaster Risk Reduction and Climate Change Adaptation into the coastal and marine ecosystem management that will be quite useful for the "eld pra...

by Sriyanie Miththapala | On 14 Feb 2016

Monetary Policy Transparency in Pakistan: An Independent Analysis

This paper analyses monetary policy transparency of the central bank (SBP) using the Eijffinger and Geraats (2006) index. The results show that the SBP scores 4.5 out of 15, which is lower than any of...

by Wasim Shahid Malik | On 14 Feb 2016

Let Them Fly - A Multi-Agency Response to Child Marriages in Haryana

The Prohibition of Child Marriages Act (PCMA), 2006 came into effect on 1 November, 2007 replacing the Child Marriage Restraint Act of 1929. PCMA is a social re-engineering mechanism which mandates St...

by Trupti Jhaveri Panchal | On 14 Feb 2016

Foreign Direct Investment in Health Services

The purpose of this paper is to document the emergence and growth of FDI in health services, and to discuss its drivers, potential benefits and risks associated with this FDI, as well as policy issues...

by Zbigniew Zimny | On 13 Feb 2016

The Government Budget : A Critical Appraisal with Reference to Transparency and Accountability

Budget is the major economic policy document of the government for a particular year and perhaps beyond. Therefore, it is imperative to study the processes, institutional mechanisms, and decision-maki...

by Muttukrishna Sarvananthan | On 13 Feb 2016

Social Capital in India: Networks, Organizations, and Confidence

Using original data from a newly collected nationally representative survey for 40,000 households in India, we examine associations of various dimensions of social capital with each other and with con...

by Reeve Vanneman | On 13 Feb 2016

Social Networks in India: Caste, Tribe and Religious Variation

Using original data from a newly collected nationwide survey for 40,000 households in India, we examine variation in social capital in India across caste, tribe, and religion. Our primary measure uses...

by Reeve Vanneman | On 13 Feb 2016

Can Conditional Cash Transfers Improve Education and Nutrition Outcomes for Poor Children in Bangladesh?

This paper uses panel data from a pilot project and evaluates the impact of conditional cash transfers on consumption, education, and nutrition outcomes among poor rural families in Bangladesh. Given...

by Céline Ferré | 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

Global Risks 2014

The Global Risks 2014 report highlights how global risks are not only interconnected but also have systemic impacts. Based on a survey of the World Economic Forum’s multistakeholder communities, the r...

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

Norms and Values in Digital Media: Rethinking Intellectual Property in the Digital Age

In 2013, The Media, Entertainment and Information Industries community of the World Economic Forum took a deep look into intellectual property issues in the digital age. "Norms and Values in Digital M...

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

Bonus Payments in the Indian Formal Sector, 2008-2014

Bonus continues to be an important component of the pay mix of employees. This practice is followed by most of the organizations to keep employees committed, motivated and dedicated towards their orga...

by | On 10 Feb 2016

Urbanization, Inequity and Health in India: a Landscape

In India an official definition of the term urban by Census is: over 5000 population; a population density of over 400 persons per sq km; over 75% of male workforce in non-primary activities. This art...

by Organising Team (MFC) | On 09 Feb 2016

Trade, Finance & Development: Overview of Challenges and Opportunities

Although there is an extremely robust positive correlation between various measures of trade and financial development on the one hand, and economic growth, on the other, the evidence concerning the d...

by | On 08 Feb 2016

How Soon Is Now? Evidence of Present Bias from Convex Time Budget Experiments

Empirically observed intertemporal choices about money have long been thought to exhibit present bias, i.e. higher short-term compared to long-term discount rates. Recently, this view has been called...

by Uttara Balakrishnan | On 07 Feb 2016

Television, Cognitive Ability, and High School Completion

We exploit supply-driven heterogeneity in the expansion of cable television across Norwegian municipalities to identify developmental effects of commercial television exposure during childhood. We fin...

by Øystein Hernæs | On 07 Feb 2016

Leader Networks and Transaction Costs: A Chinese Experiment in Interjurisdictional Contracting

Do leader networks promote efficient intergovernmental contracts? We examine a groundbreaking policy in China where subprovincial governments freely traded land conversion quotas and investigate the r...

by Nancy H. Chau | On 07 Feb 2016

Pakistan’s Wage Structure, during 1990-91–2006-07

This paper attempts to document changes in the wage levels of different categories of workers employed in various segments of the labour market during the period 1990-91–2006-07, according to the info...

by Mohammad Irfan | On 06 Feb 2016

Working to Improve Price Indices Development in Pakistan

Given the importance of Consumer Price Index (CPI), there has been long debate on its measurement issues. It is the best and most well-known indicator of inflation, which is further used for evaluatin...

by Mahmood Khalid | On 06 Feb 2016

Capital Inflows, Inflation and Exchange Rate Volatility: An Investigation for Linear and Nonlinear Causal Linkages

In this study, an investigation of the effects of capital inflows on domestic price level, monetary expansion and exchange rate volatility. To proceed with this, linear and nonlinear cointegration and...

by Abdul Rashid | 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

The Contemporaneous Correlation of Structural Shocks and Inflation— Output Variability in Pakistan

Monetary policy has changed in a number of ways during the last two decades. Along with the other characteristics, modern monetary policy is forward-looking, and the central banks respond contemporane...

by Muhammad Nasir | On 06 Feb 2016

Fiscal Federalism in Pakistan: The 7th National Finance Commission Award and Its Implications

Pakistan is a federal country. Distribution of resources has a profound impact on income, development, backwardness, and poverty. The paper briefly discusses the federation, its needs and importance i...

by Usman Mustafa | On 06 Feb 2016

Using Online Vacancies and Web Surveys to Analyse the Labour Market: A Methodological Inquiry – 2016

This paper discusses methodological issues arising from the use of online job vacancy data and voluntary web-based surveys to analyse the labour market. It highlights the advantages and possible disad...

by | On 05 Feb 2016

Should there be New Multilateral Rules for Digital Trade?

This think piece addresses the interface between the global trading system and the digital environment. In recent years, the role of digital technologies as a key driver of innovation has dramatically...

by | 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

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

Diplomacy Facing the Revolution of “Transparent Society” and “Risk Society” WikiLeaks: international and regional ramifications

Contrary to the assumption that the leaks of the diplomatic cables represented a heavy and unexpected pressure on American diplomacy - through their exposition of a mode of operation based on hypocris...

by Hichem Al-Karoui | On 03 Feb 2016

The New Role of the World Bank

The World Bank was founded to correct failures in international capital markets. That role has shifted over the past 70 years. Modern analyses should proceed from the premise that the Bank’s central g...

by Michael Clemens | On 03 Feb 2016

Market Imperfections and Dividend Policy Decisions ofManufacturing Sector of Pakistan

Dividend policy is an important issue of corporate finance and the present study examines the effect of market imperfections such as asymmetric information, agency costs and transaction cost of issuin...

by Darakhshan Younis | 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

Choice of Monetary Policy Instrument under Targeting Regimes in a Simple Stochastic Macro Model

This paper analyzes the relative performance of inflation and price-level targeting regimes in an AS-IS-LM framework under alternative policy instruments used by the central bank.

by Haider Ali | On 03 Feb 2016

Effect of Credit Rating on Firm Performance and Stock Return: Evidence form KSE Listed Firms

This study investigates the determinants of credit ratings of firms and the impact of credit rating on firms’ performance and stock return for listed firms in Pakistan. For empirical analysis of this...

by Rubina Shaheen | On 03 Feb 2016

Infrastructure Investment, Private Finance, and Institutional Investors: Asia from a Global Perspective

This study evaluates infrastructure investment and finance in Asia from a global perspective. It provides an overview on infrastructure needs and the various sources of private finance, globally and w...

by Georg Inderst | On 02 Feb 2016

The Determinants of the Turkish Position towards the Syrian crisis: The Immediate Dimensions and Future Repercussions

This research paper aims at studying the elements determining the Turkish position towards the Syrian crisis, especially in the period ranging from the start of the protests in mid-March 2011 to the b...

by Ali Bakir | On 02 Feb 2016

Apostasy and the Freedom of Belief: A New Islamic Perspective

This paper offers a novel perspective on the concept of freedom of conscience in Islam and the rules of apostasy in which the author, YehyaJad revises the notion of the death penalty for the apostate....

by | On 02 Feb 2016

The Role of Religion in the Public Domain in Egypt after the January 25 Revolution

This study argues that religion will have an important role in determining the form and nature of the democratic transition in Egypt during its next phase. It also demonstrates that there is no longer...

by | On 02 Feb 2016

Repercussions of the Arab Spring on GCC States

Regardless of the final outcome of the Arab Spring, it is beyond doubt that the Arab Homeland is undergoing an exceptional revolutionary moment and has witnessed a formative year, which does not often...

by | On 02 Feb 2016

Nutrition Political Economy, Pakistan Province Report: Khyber Pakhtunkhwa

In this report we take a look at strategic opportunities and barriers for action on under-nutrition, particularly for women and children in KP Province in the post-devolution context. We will assess u...

by Shehla Zaidi | 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

The Armed Syrian Opposition: Common Aim but No Vision

In response to the dearth of academic studies written on the Syrian opposition, this study reviews the various Syrian military organizations that are currently active against the Syrian regime, and di...

by | 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

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

Global Liquidity for Global Development

Official development assistance declined in real terms in 2011 as a result, in part, of fiscal austerity in many donor countries. Traditional forms of funding have fallen well short of needs to financ...

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

The Limited Promise of Agricultural Trade Liberalization

It has become an article of faith in international trade negotiations that farmers in developing countries have much to gain from agricultural trade liberalization. This paper assesses the evidence fo...

by Timothy A. Wise | On 31 Jan 2016

Savings Behaviour In South Asia

Savings behaviour is important because of the close relation between savings and growth. Further, the direction of causality between savings and growth is of critical importance for development policy...

by Ranjan Kumar Dash | On 30 Jan 2016

Constructing a Composite Index of Market Access

Trade barriers are often opaque and difficult to compare. All too often, an exporter faces costs well in excess of a simple tariff when seeking entry to a market. However, to date, there exist few too...

by | On 30 Jan 2016

Addressing Malnutrition Multisectorally: What Have We Learned From Recent International Experience?

Authors Jim Levinson and Yarlini Balarajan of UNICEF New York and Alessandra Marini of the World Bank present three major case studies from Peru, Brazil and Bangladesh, but also a historical review of...

by Jim Levinson | 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

Creating a Club of Carbon Markets: Implications of the Trade System

In the wake of the Copenhagen Accord in 2009 and amid frustration with the slow pace of the United Nations Framework Convention on Climate Change (UNFCCC) talks, a number of bilateral and plurilateral...

by | On 28 Jan 2016

New WTO Trade Rules for Bits and Bytes?

The major trading nations have been busy with trade agreements—free, preferential, and bilateral—incorporating Trade-Related Aspects of Intellectual Property Rights (TRIPS)-plus and World Intellectual...

by | On 28 Jan 2016

Maximizing the Opportunities of the Internet for International Trade

The last decade has witnessed remarkable developments in the digital economy, creating new opportunities for cross-border trade and investment and the ongoing emergence of novel and disruptive busines...

by | On 28 Jan 2016

Subcontracted Women Workers in the Garment Industry in India

This paper analyse the situation of the women working in subcontracting arrangements in the industry. In the analysis of value chains we found that women workers in all segments were not the direct...

by Jeemol Unni | On 28 Jan 2016

Potable Water for the Rural Poor in Arid Rajasthan: Traditional Water Harvesting as an Option

This paper enquires into the potential of wells (as TWHS) in the Thar Desert area of Rajasthan. Following a detailed analysis of hydrological and structural aspects of the source and quality of water,...

by Keshab Das | On 28 Jan 2016

Effect of Maternal Mental Health on Infant Growth in Low Income Countries: New Evidence from South Asia

Impaired infant growth, a major problem in South Asia, may require interventions to improve maternal mental health in addition to current interventions targeting infant nutrition. Unicef estimates tha...

by Marcus Hughes | On 28 Jan 2016

Synthesis of Important Discussions on Microfinance and Livelihood Support to Small and Marginal Farmers

This publication incorporates all the discussions on marginal and small farmers such as micro financing for agricultural value chains, MahilaKisanSashaktikaranPariyojna, MF for small farmers through e...

by United Nations Development Programme (UNDP) | 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

Multinationals and Foreign Investment Policies in a Digital World

The purpose of this paper is to discuss the future of the multinational enterprise (MNE) and implications for the international investment regime. The paper begins by summarising current thinking on m...

by | On 27 Jan 2016

Services And Global Value Chains – Some Evidence On Servicification Of Manufacturing And Services Networks

This paper analyses the role of services in international trade through the lens of global value chains (GVCs). Services account for more than 70% of world GDP but only for around 20% of world trade i...

by Rainer Lanz | On 26 Jan 2016

Best Practices in the Integrated Child Development Services: Some Lessons for its Restructuring and Strengthening

Some innovations within the Integrated Child Development Services (ICDS) have demonstrated significant improvements in the nutritional status of children. This note discusses four such innovations, as...

by Ashi Kohli Kathuria | On 26 Jan 2016

Power to Women through Finance: Revisiting the Microfinance Promise

The relationship between women’s access to credit and their empowerment is a theme that seems to have lost much of its sheen and sharpness during the phase of commercialization of microfinance in Indi...

by Tara Nair | On 26 Jan 2016

Naxal Movement in India: A Profile

In order to understand the current phase of Naxalism, we need to understand different aspects of organizational transformation that have occurred within the Naxal movement, since the genesis and curre...

by | On 25 Jan 2016

India in the Emerging World Order: A status quo power or a revisionist force?

This chapter sets out to trace the changing contours of India’s foreign policy by throwing light on: (i) the historical and sociological compulsions shaping India’s strategic trends and the evolution...

by | On 25 Jan 2016

Does Exchange Rate Intervention Trigger Volatility?

This study aims at investigating two important issues concerning the exchange rate intervention policy of the Reserve Bank of India: (1) whether there is any asymmetry in intervention; and (2) whether...

by M. Ramachandran | On 24 Jan 2016

Nexus among Output, Inflation and Private Sector Credit in Bangladesh

This study examines the relationship if any among economic growth (output), private sector credit and inflation in Bangladesh. In many developed and developing countries, private sector credit has pla...

by Sayera Younus | On 23 Jan 2016

Public Debt Sustainability in Bangladesh

This policy note reviews the trend in debt composition and sources of debt financing and analyzes debt sustainability of Bangladesh. Along with historical data on level of debt and sources of financin...

by Md. Ezazul Islam | On 23 Jan 2016

Impact of Foreign Direct Investment on Bangladesh’s Balance of Payments: Some Policy Implications

This study reports high positive correlation between FDI inflows and Bangladesh’s aggregate exports and imports. The net impact on the current account balance and the balance of payments is positive....

by Muhammad Amir Hossain | On 23 Jan 2016

Prospects and Challenges of Bond Market Development in Bangladesh

The thin bond market in Bangladesh faces manifold challenges emanating from several sources including excessive reliance on bank credit, government debt instruments dominated by primary auction based...

by Md. Akhtaruzzaman | 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

Better Ask the Parrot

It may be time to look at the market forecasts that pundits had made earlier.

by T.N. Ninan | On 23 Jan 2016

Fertility Transition in India: 1985-2003

Using the data available through the Sample Registration System, the present paper employs a decomposition methodology to analyse the transition in fertility in India and in 15 of major states for the...

by Alok Chaurasia | On 23 Jan 2016

Should Bangladesh Monitor Core Inflation for Conducting Monetary Policy?

Over the years, the Bangladesh Bank (BB) has been using changes in consumer price index (CPI) inflation as the operational guide to measuring price stability in Bangladesh. In recent years, it has how...

by Bangladesh Bank | 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

PDS ‘To Go’? ‘Portability’ of Rights through Real-time Monitoring: the Centralised Online Real-time Electronic PDS in Chhattisgarh, India

Information and communications technology (ICT)-based reforms are increasingly being used to improve the delivery of public services. The main question which the research reported here addressed is th...

by Anuradha Joshi | On 23 Jan 2016

National Development Banks in the BRICS: Lessons for the Post-2015 Development Finance Framework

While there is now broad agreement that National Development Banks (NDBs) have the potential to contribute positively to development objectives, it is less clear how this can best be done in practice....

by Institute of Development Studies IDS | On 23 Jan 2016

Understanding The Rising Powers' Contribution to the Sustainable Development Goals

Rising powers such as Brazil, India and China have been criticised for being obstructive in the negotiations on the post-2015 development agenda. The start of the United Nations (UN) negotiations saw...

by Institute of Development Studies IDS | 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

Post-Harvest Profile of Mandarin

The profile covers all aspects of Post-harvest management i.e. collection. curing, pretreatment, grading, packaging, pre-cooling, low temperature storage. pallet loading, transportation, market practi...

by Department of Agriculture & Cooperation GOI | On 22 Jan 2016

Post-Harvest Profile of Chilli

Chillies are integral and the most important ingredient in many different cuisines around the world as it adds pungency, taste, flavour and color to the dishes. Indian chilli is considered to be world...

by Department of Agriculture & Cooperation GOI | On 22 Jan 2016

Post-Harvest Profile of Grapes

This profile has been prepared on the recommendation of the Inter-Ministerial Task Force with a view to enable the farming community to scientifically manage the post-harvest operations and to widenin...

by Department of Agriculture & Cooperation GOI | On 22 Jan 2016

POST-HARVEST PROFILE OF MANGO

This profile has been prepared on the recommendation of the Inter-Ministerial Task Force with a view to enable the farming community to scientifically manage the post-harvest operations and to widenin...

by Department of Agriculture & Cooperation GOI | On 22 Jan 2016

Modeling Interest Rate Cycles in India

The present study tries to examine the behaviour of various Indian interest rates such as call money rate, and yields on secondary market securities with maturity periods of 15 to 91 days, 1-year, 5-y...

by B B Bhattacharya | On 22 Jan 2016

Rising Powers in International Development

The setting up of the New Development Bank was first suggested by India in early 2012 in order to fund its domestic energy and infrastructure needs, namely power transmission, 11 roads and ports. Fina...

by Stephen Spratt | On 22 Jan 2016

The Impact of Digital Content: Opportunities and Risks of Creating and Sharing Information Online

The Global Agenda Council on Social Media white paper to be launched at the Forum's Annual Meeting 2016, The Impact of Digital Content: Opportunities and Risks of Creating and Sharing Information Onli...

by World Economic Forum [WEF] | On 22 Jan 2016

The E15 Initiative: Strengthening the Global Trade and Investment System in the 21st Century

World trade has experienced a significant slowdown since the 2008 financial crisis. Over this period, the global ratio of trade expansion to income growth has halved. An effective global trade and inv...

by World Economic Forum [WEF] | On 22 Jan 2016

Access, Equity and Inclusion : Ethical Norms and S&T Policy Outcomes

In our research on science policy and inclusion and ethics in S&T policy we identified that in the Indian context Access, Equity and Inclusion (AEI) can be the norms to assess the policy outcomes and...

by Krishna Ravi Srinivas | On 21 Jan 2016

Principles and Good Practice for Preserving Data

This guidance aims to assist official data producers (national statistical offices and line ministries) in defining and meeting their digital preservation requirements and obligations. The recommendat...

by Nancy McGovern | On 21 Jan 2016

2009 World Survey on the Role of Women in Development

The 2009 World Survey on the Role of Women in Development addresses the important theme of “Women’s control over economic resources and access to financial resources, including microfinance”. The Worl...

by UN Department of Economic and Social Affairs UNDESA | On 20 Jan 2016

Impact of Climate Related Shocks and Stresses on Nutrition and Food Security in Selected Areas of Rural Bangladesh

This study attempts to break down ‘climate change’ into ‘climate related shocks and stresses in the course of time’ and conceptualizes the food security and nutrition outcomes as combination of the ad...

by Chris Béné | On 19 Jan 2016

Long-term care protection for older persons: A review of coverage deficits in 46 countries

This paper: (i) examines long-term care (LTC) protection in 46 developing and developed countries covering 80 per cent of the world’s population; (ii) provides (data on LTC coverage for the population...

by Xenia Scheil-Adlung | On 19 Jan 2016

The Current Global Economic Crisis and Migration: Policies and Practice in Origin and Destination

Migration flows exhibit both long-term shifts and short-term fluctuations in terms of volume and pattern. The root causes of these shifts and fluctuations can most generally be linked to the term ‘dev...

by Ronald Skeldon | On 19 Jan 2016

Reappraising the Greed and Grievance Explanations for Violent Internal Conflict

Two phenomena have been recently utilised to explain conflict onset among rational choice analysts: greed and grievance. The former reflects elite competition over valuable natural resource rents. The...

by | On 18 Jan 2016

Implementation of Basel III Liquidity Risk Framework in India – Regulatory Perspective

The liquidity framework of Basel III assumes added significance for banks in India and many banks have been approaching us to comprehend the finer points of the liquidity regulations, as also with req...

by Reserve Bank of India RBI | On 18 Jan 2016

Migration, Education and the Gender Gap in Labour Force Participation

Women who want to work often face many more hurdles than men. This is true in Tajikistan where there is a large gender gap in labour force participation. We highlight the role of two factors – interna...

by Myeong Su Yun | On 14 Jan 2016

Women Migrants and their Mental Health: A Study of Working Women Hostellers in Mumbai

Mental health is an important component of the total positive health and is interwoven closelywith the physical and physiological dynamics of the human body. Migrant population, being a non-native pop...

by Reshmi R S | On 13 Jan 2016

Towards a Sustainable Social Model: Implications for the Post-2015 Agenda

Implementation of the Agenda 21 bifurcated into two tracks. While the economic and social development agenda gelled into the Millennium Development Goals (MDGs), the environmental protection agenda mo...

by | On 11 Jan 2016

Redistributive Policies for Sustainable Development: Looking at the Role of Assets and Equity

Analyses of redistributive policies often focus on income flows to examine the nexus between redistribution and economic growth. With strengthening signs of growing economic inequality in many countri...

by | On 11 Jan 2016

Trade and Development Report, 2013

Five years after the onset of the global financial crisis the world economy remains in a state of disarray, with global output growing at around 2 per cent and global trade growth virtually grounding...

by United Nations Conference on Trade and Development UNCTAD | On 09 Jan 2016

Modi’s Foreign Policy: Focus on the Diaspora

The paper reviews the evolution of India’s diaspora policy and examines the possibilities and pitfalls that could arise from Delhi’s new political enthusiasm for overseas Indian communities. Engagemen...

by C. Raja Mohan | On 09 Jan 2016

Indian agricultural development in the context of economic reforms. Causes of change and issues for a future reform agenda.

This work examines the influence of reforms in the 1990s regarding the agricultural development in India. Many studies have analysed the impact of these reforms but most of them focused on foreign tra...

by Marion Künzler | On 08 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

Household Decision-Making Under Threat of Violence: A Micro Level Study in the Chittagong Hill Tracts of Bangladesh

The rural household livelihood and children’s educational investment decisions are analyzed in a post-conflict setting located in the Chittagong Hill Tracts region of Bangladesh. The study represents...

by | On 07 Jan 2016

Remittances and Labor Supply in Post-Conflict Tajikistan

This paper analyzes the impact of remittances on the labor supply of men and women in post-conflict Tajikistan. It is found that on average men and women from remittance-receiving households are less...

by Olga Shemyakina | On 07 Jan 2016

Navigating a Changing World Economy: ASEAN, the People's Republic of China, and India

Most projections envision continued rapid growth in the members of the Association of Southeast Asian Nations (ASEAN), the People’s Republic of China (PRC), and India (collectively, ACI) over the next...

by Fan Zhai | On 07 Jan 2016

Financing Development Cooperation in Northeast Asia

Infrastructure connectivity in Northeast Asia — comprising the northeastern People’s Republic of China, Japan, the Democratic People’s Republic of Korea, the Republic of Korea, Mongolia, and the Russi...

by Masahiro Kawai | 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

Malaysia Business Environment Index 2012: Challenges and Opportunities for Accelerating Local Business

The Malaysia Business Environment Index (BEI) Pilot Study 2012 is the first survey that investigates firms' perceptions about the business environment at the district level. Utilizing data collected f...

by The Asia Foundation | On 02 Jan 2016

Survey on Good Local Governance

The Survey on Good Local Governance is a 38-item survey that aims to obtain a broader data to help set the agenda for local government reforms in the Philippines. It covers the following: citizen perc...

by The Asia Foundation | On 02 Jan 2016

Developing Myanmar’s Information and Communication Technology Sector toward Inclusive Growth

Myanmar is expected to grow at least 6.8% per year in the coming years. Accompanying this growth will be an increase in demand for infrastructure services, including ICT-related services, both for co...

by Kee-Yung Nam | On 01 Jan 2016

Open Educational Resources: Enhancing Education Provision and Practice

Open educational resources made their appearance in early 2002 as a promising tool for enhancing the quality of and access to education and were perceived to have the potential to reduce costs by reus...

by Jouko Sarvi | On 01 Jan 2016

Better Migrants, Better PISA Results: Findings From a Natural Experiment

Switzerland changed its migration policy in the 1990s from a “non-qualified only” policy to one of almost free movement of labor. To analyze the impact of this policy change on the schooling outcomes...

by Maria Cattaneo | 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

Left Behind but Doing Good? Civic Engagement in Two Post-Socialist Countries

The fall of socialism in Central and Eastern Europe restored ordinary citizens' rights and freedoms and ended their political and social isolation. While the freedom of movement was quickly embraced,...

by Milena Nikolova | On 29 Dec 2015

Southeast Asia and the Economics of Global Climate Stabilization

Southeast Asia is vulnerable to climate change, yet is also on a carbon intensive development trajectory.The Asian Development Bank (ADB) has analyzed the potential role the region can play in climate...

by Jindra Samson | 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

Myanmar’s Agriculture Sector: Unlocking the Potential for Inclusive Growth

Myanmar’s agriculture sector offers substantial unexploited potential to underpin the country’s inclusive economic development. With extensive land, water, and labor resources, as well as proximity to...

by Jindra Samson | On 29 Dec 2015

Women 2000 and Beyond: The Role of Men and Boys in Achieving Gender Equality

Gender equality is not a women's issue; it concerns men and boys as well as women and girls. Garnering sufficient support for the profound social changes required by the gender equality agenda cannot...

by UN Women | 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

Connecting South and Southeast Asia: Implementation Challenges and Coordination

With closer regional integration there is increasing interest within the Association of Southeast Asian Nations (ASEAN) and on the part of ASEAN's dialogue partners in the potential gains of closer co...

by Termsak Chalermpalanupap | On 29 Dec 2015

Migration from North-East to Urban Centres: A Study of Delhi Region

It is only very recently that out-migration of natives of the North East Region to other localities in India became a problem of apprehension. Though the natives of the North East Region are tradition...

by Babu Remesh | 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

Housing Policies for Asia: A Theoretical Analysis by Use of a Demand and Supply Model

The main objective of this paper is to give an overview of the most commonly used housing policies and to illustrate their economic impact. To facilitate the analysis, we first introduce a simple two-...

by Naoyuki Yoshino | 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

Understanding Developing Country Resistance to the Doha Round

The Doha Round negotiations at the World Trade Organization have come to a halt. The vast majority of analyses of the (at least temporary) demise of the Doha Round have focused on the lack of the Unit...

by Timothy Sturgeon | On 23 Dec 2015

Report On the Study Of The Indira Gandhi MatritvaSahyogYojna

The quick pace of India’s economic growth over the past few decades has failed to translate into the well being of many of its people, especially women and children. India ranks 55th out of 76 countri...

by Dipa Sinha | On 23 Dec 2015

State Capacity for Pro-Poor Delivery: Constructing Ownership, Forging Accountability

Severe chronic poverty persists in India, partly because of the poor capacity of the state in India to provide for its poor. An action research project, underway in five poorest districts in the count...

by Sajjad Hassan | 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

Fiscal Decentralization And Tax Incentives In The Developing world

Many developing countries use tax incentives to attract foreign direct investment, sacrificing immediate revenue from foreign capital, even though the effects of tax incentives on investment, growth,...

by Quan Li | On 23 Dec 2015

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 MFS in Bangladesh up through the first quarter of 2012. With this goal in mind Bangladesh...

by Bangladesh Bank | On 22 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

Gender and Financial Inclusion through the Post

Women form a disproportionately large share of the world’s unbanked population. Gender inequalities in employment and earnings mean that women have lower incomes, making them less able to open account...

by | On 21 Dec 2015

Now Corporate Paralysis

Public investment financed by the government's own or borrowed resources do not provide an adequate answer to the problem of relatively low investment.

by T.N. Ninan | On 18 Dec 2015

Global Financial Crisis: A Classic ‘Ponzi’ Affair?

This paper seeks to identify the roots of the financial crisis in US which is now has spread to the rest of the global economy. These include the dominance of uncertainty as a force in financial marke...

by Sunanda Sen | On 18 Dec 2015

Assessing Teacher Quality in India

Using administrative data from linked private schools from one of districts in India that matches 8,319 pupils to their subject specific teachers at the senior secondary level, we estimate the importa...

by Mehtabul Azam | On 18 Dec 2015

Challenge of In-vitro Diagnostics for Resource Poor Settings: An Assessment

This article reviews the diagnostic needs and challenges of resource poor settings and the impact of present institutional and policy regime on the development of ecosystem for innovation making in ca...

by Dinesh Abrol | On 18 Dec 2015

India's Sri Lanka Policy: Towards Economic Engagement

India's Sri Lanka policy has built upon economic engagement to cooperate on initiatives of strategic importance. The lesson one can learn from this is the potential of economic linkages to overcome a...

by | On 18 Dec 2015

Channelling Household Savings to Productive uses Through the Capital Markets

Savings provides the means for investments. Typically, investments are primarily funded through domestic savings and the rest through foreign capital inflows. Domestic savings are from three sources -...

by Vardhana Pawaskar | On 17 Dec 2015

Global Sustainable Development Report, 2015 edition

The 2015 Global Sustainable Development Report, an intergovernmental-mandated report on the science-policy interface for sustainable development, was presented to UN Member States at the High Level Po...

by United Nations UN | On 17 Dec 2015

Peacekeeping and Peacebuilding in Post-Conflict Environments: A Critical Analysis of the UN Approach in Timor-Leste, Liberia and Nepal

This paper looks at possible alternatives to UN peacekeeping and peacebuilding missions with a view to establishing if there are organizations or other interested parties, which may be more effective...

by | 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

Why Minimum Wage Increases Are a Poor Way to Help the Working Poor

Minimum wage increases are not a very effective mechanism for reducing poverty. They are not related to decreases in poverty rates. They can cost some low-income workers their jobs. And most minimum w...

by Richard Burkhauser | On 16 Dec 2015

Technology in the 2015 Paris Climate Agreement and Beyond

The Paris Conference of the Parties (COP) of the United Framework Convention on Climate Change (UNFCCC) is expected to be an important milestone in global efforts to combat climate change. Such effort...

by | On 16 Dec 2015

How are inpatient mortality and uncured discharges determined in China?

Main causes of inpatient death and uncured discharges are concerned by all stakeholders of healthcare sector. This paper studies determinants of inpatient death and uncured discharges in China. Based...

by Qiao Yu | 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

Is Access to Loan Adequate for Financing Capital Expenditure? A Household-level Analysis on Some Selected States of India

This paper attempts to identify the factors that determine access to credit for financing capital expenditures across selected developed, less developed and middle performing states in India. Using a...

by Meenakshi Rajeev | 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

Human Development Report 2015- Work for Human Development

From a human development perspective, work, rather than jobs oremployment is the relevant concept. A job is a narrow concept with a set of pre-determined time-bound assigned tasks or activities, in an...

by United Nations Development Programme [UNDP] | On 15 Dec 2015

Overview of Central Government Employees

The central government periodically constitutes a Pay Commission, to evaluate and recommend revisions of salaries and pensions, for its employees. Recently, the Seventh Central Pay Commission has mad...

by Vatsal Khullar | On 10 Dec 2015

Water in the Post-2015 Development Agenda and Sustainable Development Goals

The objective of this discussion paper was to provide background for discussions of the UNESCO-IHP Side-Event on "Water in the Post-2015 Development Agenda and Sustainable Development Goals" during th...

by | On 08 Dec 2015

The Sun Gets Bigger

The government should encourage the use of solar energy.

by T.N. Ninan | On 04 Dec 2015

Look to the Forests: How Performance Payments can Slow Climate Change

This report argues that what is urgently needed is a tested but far from fully exploited approach to funding forest conservation: pay-for-performance transfers, under which public (and private) funder...

by Nancy Birdsall | On 03 Dec 2015

The Socio-Economic Impact of HIV at the Household Level in Asia: A Regional Analysis of the Impact on Women and Girls

An important element of the socio-economic impact of HIV is how it disproportionately affects women and girls, in terms of their vulnerability to infection, constrained access to services and the a...

by United Nations Development Programme (UNDP) | On 01 Dec 2015

Global Increase in Climate-Related Disasters

Intense climate-related disasters—floods, storms, droughts, and heat waves—have been on the rise worldwide. At the same time and coupled with an increasing concentration of greenhouse gases in the atm...

by Vinod Thomas | On 30 Nov 2015

Twenty Sixth Report on Insolvency Laws

The Report brings out the different aspects of the insolvency laws which has a two-fold purpose- (i) to give relief to the debtor from the harassment of his creditors whose claims he is unable to meet...

by Ministry of Law and Justice GOI | On 25 Nov 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

How Much is Enough?

Post-7th Pay Commission recommendations, the pay being offered now should not be a disincentive for public-spirited people with ability. Can the government afford this hike?

by T.N. Ninan | On 21 Nov 2015

Fiscal Seigniorage “Laffer-curve effect” on Central Bank Autonomy in India

It is often emphasised that seigniorage financing of public sector deficits is technically a “free lunch” if the economy has not attained the full employment levels. However, conservative macroecono...

by Lekha S. Chakraborty | On 16 Nov 2015

Evaluation of Multipurpose Community Learning Centres of BRAC in Rural Areas of Bangladesh

This study aimed to evaluate the Multipurpose Learning Centres or Gonokendros (GK) operated by BRAC jointly with the local community in rural areas of Bangladesh. Two main goals were process evaluatio...

by | On 09 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

Whither the Co-operative Banking?

Current status of the urban co-operative banking in India, how it reached there, what recent initiatives the Reserve Bank has taken to strengthen the sector and what is the way forward. [Speech deliv...

by R. Gandhi | On 04 Nov 2015

Monitoring Gender Equality and the Empowerment of Women and Girls in the 2030 Agenda for Sustainable Development: Opportunities and Challenges

On 2 August 2015, the outcome document of the United Nations Sustainable Development Summit 2015 was agreed by consensus by Member States. The outcome document will be presented to the Summit for adop...

by UN Women | On 30 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 Labour and Health Hazards

The document titled “Child Labour and Health Hazards” has been prepared with the objective to generate awareness on the dangers faced by children at the workplace through various training and other in...

by | On 26 Oct 2015

Performance and Challenges of Newspapers in India: A Case Study on English versus Vernacular Dailies in India

Newspapers has shown steep decline of circulation and advertising revenue in the west. Online advertising is taking away the majority of advertising revenue from print Increasing printing costs also a...

by V.V.S. Sarma | On 23 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

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

Natural Interest Rate: Assessing the Stance of India’s Monetary Policy under Uncertainty

Using a theoretical framework that combines the essence of Ramsay’s growth model and the New-Keynesian macrodynamics, and applying the Kalman filter estimation technique, this paper finds that Indi...

by Harendra Behera | On 16 Oct 2015

Delivering the Post-2015 Development Agenda

This report looks in depth at the factors within each country that will support or impede implementation. A set of Dialogues has been exploring these factors and are still capturing ideas around these...

by | On 15 Oct 2015

E-Retailing and the Consumer Protection Bill, 2015: Drawing from the European Union Consumer Directives

E-retailing has exponentially grown in the past decade. Alongside, consumer grievances have also started surfacing. The Consumer Protection Bill, 2015 addresses this by giving the right to the consu...

by Akhileshwar Pathak | On 15 Oct 2015

Bihar Economic Survey 2014 - 15

Bihar clocked an economic growth rate of 9.92 per cent during financial year 2013-14, while its per capita Gross State Domestic Product (GSDP) shot up to Rs 17,294 during this period from Rs 15,931 in...

by Government of Bihar | On 13 Oct 2015

Panchayats and Household Vulnerability in Rural India

This paper tries to assess the impact of coping strategies on household welfare. The paper tries to identify the components of vulnerability to better focus policy. India, particularly rural India, h...

by Raghbendra Jha | On 12 Oct 2015

Development Goals in an Era of Demographic Change

The 2015-16 Global Monitoring Report, produced jointly by the World Bank and International Monetary Fund, details the progress the world has made towards global development goals and examines the impa...

by International Monetary Fund [IMF] | On 09 Oct 2015

Soil Health: Issues and Concerns - A Review

This paper brings out the importance of soil fertility management (SFM) with respect to agricultural production and livelihood contribution to the rural people. It looks into the farmers' own knowledg...

by B. Suresh Reddy | On 08 Oct 2015

Now for the Reality Play

What the government needs to do, perhaps, is to spell out an action agenda for the next four months, in the run-up to the 2016 Budget.

by T.N. Ninan | On 02 Oct 2015

Food Security, Productivity, and Gender Inequality

This paper examines the relationship between gender inequality and food security, with a particular focus on women as food producers, consumers, and family food managers. The discussion is set against...

by Bina Agarwal | On 29 Sep 2015

Disadvantage and Discrimination in Self-Employment: Caste Gaps in Earnings in Indian Small Businesses

Using the 2004-05 India Human Development Survey data, The paper aims to estimate and decompose the earnings of household businesses owned by historically marginalized social groups known as Scheduled...

by Ashwini Deshpande | On 24 Sep 2015

An Asessment of Implementation of the POCSO Act in Two Major Cities -Delhi and Mumbai

Almost three years since the enforcement of POSCP Act is a good time to review its implementation and build evidence that can be used to seek improvement and/or appropriate changes.

by HAQ Centre for Child Rights HAQCRC | On 24 Sep 2015

Mobile Phones: The Next Step towards Healthcare Delivery in Rural India?

Given the ubiquity of mobile phones, their use to support healthcare in the Indian context is inevitable. It is however necessary to assess end-user perceptions regarding mobile health interventions e...

by | On 22 Sep 2015

Education for All 2000-2015: Achievements and Challenges

This Report draws on all of this experience, to make sharp recommendations for the place of education in the future global sustainable development agenda. The lessons are clear. New education targets...

by United Nations Educational, Scientific and Cultura [UNESCO] | On 22 Sep 2015

Book Review: Beyond Partition: Gender, Violence, and Representation in Postcolonial India

Review of Beyond Partition: Gender, Violence, and Representation in Postcolonial India by Deepti Misri. Urbana: University of Illinois Press, 2014. 224 pp. Rs. 2,109/- (paper), ISBN 978-0-252-08039-5.

by Taveeshi Singh | On 21 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

BRICS Development Bank an Instrument for Globalization

The establishment of a development bank by the BRICS association of Brazil, Russia, India, China, and South Africa is being described by both proponents and opponents of globalization as a rebellion...

by | On 18 Sep 2015

Assessment of State Implementation of Business Reforms

This report – “Assessment of State Implementation of Business Reforms” is a scorecard to take stock of what reforms have happened, and to identify the way forward for States. The report highlights the...

by World Bank | On 15 Sep 2015

Health Shocks and Short-Term Consumption Growth

Health shocks can affect the household economy through a substantial rise in out-of-pocket medical expenditure and/or loss of income. In such a situation, households use a range of coping mechanisms t...

by Sowmya Dhanaraj | On 14 Sep 2015

The Conundrum of Profitability Versus Soundness for Banks by Ownership Type: Evidence from the Indian Banking Sector

Banks pursue profit like any business, but in their role as custodians of domestic savings, they are required to be cautious. Riskier but profitable advances may cause asset quality deterioration, thu...

by Sreejata Banerjee | On 14 Sep 2015

Debt-Bondage Slavery in India

There have been numerous investigations in recent years to determine the incidence and prevalence of modern slavery worldwide, and debt bondage in India has been found to be the most extensive form of...

by Sarah Knight | On 10 Sep 2015

The Role of Establishments and the Concentration of Occupations in Wage Inequality

This paper uses the microdata of the Occupational Employment Statistics (OES) Survey to assess the contribution of occupational concentration to wage inequality between establishments and its growth o...

by | On 09 Sep 2015

Book Review: Translation as Touchstone

Review of Translation as a Touchstone. Raji Narasimhan, Sage Publications, 2013. 167 pp, Rs. 595 ISBN: 978-81-321-0954-9

by Supurna Dasgupta | On 09 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

Needs vs Expediency - Poverty Reduction and Social Development in Post-Conflict Countries

Conflict depletes all forms of human and social capital, as well as supporting institutions. The scale of the human damage can overwhelm public action, as there are many competing priorities and resou...

by Tony Addison | On 01 Sep 2015

Report on Early Childhood Development and Legal Entitlements

The Report consists of seven Chapters. While Chapter I introduces the issue at hand, Chapter II captures various International Conventions, Treaties and Declarations that concern the issue of ECD. Cha...

by Law Commission India | On 31 Aug 2015

Lessons for South Asia from the Industrial Cluster Development Experience of the Republic of Korea

This report presents the industrial cluster development policy of the Republic of Korea and draws lessons from that experience for South Asia. It briefly reviews Korean industrial policy since the 196...

by Jong-il Kim | On 31 Aug 2015

Excess Food Stocks, PDS and Procurement Policy

This planning commission paper tries to examine some of the factors that have led to accumulation of excess food grain stocks and make policy prescription on how to deal with the problem of surplus fo...

by Arvind Virmani | On 25 Aug 2015

Women in NREGA: Issues of Child Care

The present study on evaluation of the NREGA Scheme is intended to assess the impact of this scheme on the status of child care services at worksites of the NREGA, status of facilities available to wo...

by Madhuri Karak | On 25 Aug 2015

Strong Sustainable Growth for the Indian Economy

How is the RBI helping the government to create the conditions for a sustainable growth? Structural reforms will help strengthen this growth – two weeks ago, the Government announced Indradhanush, la...

by Raghuram G. Rajan | On 25 Aug 2015

Safety First

Global market is in a turmoil. How can India have a stable economy? There are no easy solutions but to play safe.

by T.N. Ninan | On 21 Aug 2015

Impact of Bank Credit on Economic Growth in Nepal

This study examines the impact of commercial bank credit to the private sector on the economic growth in Nepal from supply side perspectives. The study has applied Johansen co-integration approach and...

by | On 17 Aug 2015

The Sunday Edit: Monetary Policy Transmission: Visible Disconnect

Enhancing bank competition, among other measures, could adequately strengthen interest rate transmission; but the danger is in overreaching and losing leverage.

by Ramkishen S. Rajan | On 16 Aug 2015

Measuring ‘Subjective Resilience’ – Using People’s Perceptions to Quantify Household Resilience

This paper advocates for the use of one such alternative: the measurement of ‘subjective’ resilience at the household level. The concept of subjective resilience stems from the premise that people hav...

by Thomas Tanner | On 12 Aug 2015

The Hidden Costs of the 2014 Gaza – Israeli Conflicts – Adolescent Girls’ Psycho- Social Wellbeing

The research focuses and is part of a broader project supported by the ReBUILD Consortium, which is funded by the UK Department for International Development (DFID), to look at the linkages between me...

by | On 12 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

Greece, In A Post-Colonial Bind

Countries of Europe's periphery are now playing out a script, already in play severally in the post-colony. It is a script in which populism has remained one of the principal weapons in the hands of t...

by Ranabir Samaddar | On 09 Aug 2015

IT Governance and IT Strategy: Board's Eye View

Banking in India and globally is undergoing and there are many challenges that are lying ahead. The basic underlying theme that runs through this changing landscape is the ever increasing reliance on...

by Harun R Khan | On 04 Aug 2015

Social Sector and Economic Reforms (With Special Reference to Public Health)

Social Sector performs an effective function in human resource development and hence it is very important to study how the economic reforms are influencing social sector expenditures. Any economic re...

by Runa Paul | On 03 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

Monetary Policy Credibility: Is There a Magic Bullet?

This paper examines the concept of monetary policy credibility from both the theoretical and practical viewpoints. It also discusses the advantages of high credibility and explains measures that can b...

by Naveen Srinivasan | On 31 Jul 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

After-Life of Mobile Phones: Waste or Return to Production?

This study extends the understanding of global production network (GPN) analysis by considering the post-consumption activities of the product in question, namely mobile phones. The authors examine th...

by Parvez Alam | On 29 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

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

A Review of the Accreditation System for Philippine Higher Education Institutions

This paper reviewed the existing accreditation processes and roles of accrediting bodies of Philippine to present a clearer perspective on the current situation of higher education institutions. Simil...

by Marites M. Tiongco | On 20 Jul 2015

The State of Social Safety Nets, 2015

This report documents the state of the social safety net agenda in low- and middle-income countries. In recent years, a true policy revolution has been under way. Th e statistics in this report captur...

by World Bank | 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

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

Safeguard Implementation: How Can We Make It More Meaningful?

The report presents the (i) safeguard systems of Bhutan, India and Nepal; (ii) differences in national safeguard laws and institutional processes with the Asian Development Bank’s safeguards policy; (...

by Asian Development Bank Institute | On 13 Jul 2015

Inflation Targeting for India? The Implications of Limited Asset Market Participation

This paper considers the implications of an imperfect monetary transmission mechanism for optimal monetary policy choices in an open economy. The asset market channel is restricted in this paper as so...

by | On 09 Jul 2015

Nepal Earthquake 2015: Post Disaster Needs Assessment - Executive Summary

The Government of Nepal officially launched a Post-Disaster Needs Assessment (PDNA) to determine the impacts of the devastating earthquake on April 25, 2015 and a series of aftershocks since, includin...

by National planning commission Government of Nepal | On 07 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

Waste Pickers in Pune, India

Recent statistics show the majority of workers in developing countries earn their livelihoods in the informal sector. For this paper, a sample of 150 was randomly drawn from the membership database of...

by Poornima Chikarmane | 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

Book Review: The Oxford Companion to Pakistani History

Review of The Oxford Companion to Pakistani History ed. Ayesha Jalal. Oxford: Oxford University Press, 2012. 558 pp. Rs. 4,488.75. ISBN-13: 978-0195475784.

by Rohit Wanchoo | On 02 Jul 2015

Understanding Northeast India Through a ‘Spatial’ Lens

Applying ‘spatial’ lens to Northeast India (NEI) is merely not for hermeneutic purposes but for a nuanced understanding of the flux accompanying the region. Spatial analysis helps us to move beyond th...

by Gorky Chakraborty | On 01 Jul 2015

Agricultural Credit and its Impact on Farm Productivity: A Case Study of Kailali District

This study was carried out by Banking Development and Research Unit of Nepal Rastra Bank, Dhangadhi Office. The study aims at exploring the problems related to the procurement and use of agricultural...

by Nepal Rastra Bank NRB | On 26 Jun 2015

Urban Informal Workers: Representative Voice & Economic Rights

he purpose of this paper is to provide a summary analysis of five case studies prepared for the 2013 World Development Report team that illustrate why and how the representative voice and economic rig...

by Martha Chen | On 24 Jun 2015

Bangladesh Monthly Report on Fiscal Position

The data generated by the Budgeting Information System has been used to prepare this report which put forward the following major findings- Up to April FY11, 80.2% of the Revenue target of the budget...

by Ministry of Finance Bangladesh | On 17 Jun 2015

Inter-State Disparities in Economic Growth in India: Some Policy Implications for Laggard States

Faster economic growth of some of the backward states like Bihar, Uttarakhand and Chhattisgarh in the post 2004-05 compels us to think if it is any indicative of convergence among states of India. How...

by Anjali Masarguppi | On 10 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

Impact of Interbank Liquidity on Monetary Transmission Mechanism: A Case Study of Pakistan

The transmission mechanism of policy-induced changes are is analysed in the discount rate and required reserves in Pakistan. The results suggest that the pass through to the lending rate is complete f...

by Muhammed Omar | On 05 Jun 2015

Maul in India - What Next?

Direct mail is in danger of being vanished from this country. Mismanagement and lack of interest from the government bodies has made mail’s future precarious, finds out PrintWeek India.

by PrintWeek India PWI | On 28 May 2015

Mail in India - What Next?

Direct mail is in danger of being vanished from this country. Mismanagement and lack of interest from the government bodies has made mail’s future precarious, finds out PrintWeek India

by PrintWeek India PWI | On 28 May 2015

Report of the Working Group on Outreach of Institutional Finance, Cooperatives and Risk Management for the 12th Five Year Plan (2012-17)

The working group is of the opinion that the credit strategy should be aligned to agriculture growth strategy which in turn has to address broader macro economy concerns of supply management and issu...

by Planning Commission | On 21 May 2015

ASEAN Community 2015: Managing Integration for Better Jobs and Shared Prosperity

This joint study of the Asian Development Bank and the International Labour Organization examines the impact of the ASEAN Economic Community (AEC) on labor. It highlights the challenges and opportunit...

by Asian Development Bank Institute | On 22 Apr 2015

Realizing Sustainable Food Security in the Post-2015 Development Era: South Asia’s Progress, Challenges and Opportunities

This paper reviews South Asia’s progress, challenges and opportunities for realizing sustainable food security in the post-2015 development agenda. The review finds that South Asia’s average dietary e...

by | On 14 Apr 2015

Prospects of Asian Infrastructure Investment Bank

AIIB is expected to accelerate economic development and integration of Asia through the promotion of investment in the infrastructure sector. AIIB have several priority areas include transport, energy...

by Makmun Syadullah | On 03 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

The People’s Republic of China's Potential Growth Rate: The Long-Run Constraints

In this paper People’s Republic of China’s (PRC’s) potential growth rate during the last 30 years is analysed. The PRC’s potential growth rate is not demand constrained, in particular by the balance...

by Juzhong Zhuang | On 27 Mar 2015

Capital for House-Based Industries: A Case Study in West Bengal

The lack of access to formal credit at affordable cost (effective interest) is the most critical constraint faced by the rural entrepreneurs to get involved in productive profitable business activit...

by Shrabani Mukherjee | On 27 Mar 2015

Banker-Borrower Interplay: Synergies and Challenges

A determining aspect of the banker-borrower relationship is built on trust and understanding. It is also important that these relationships neither get too cosy nor do they get too strained as either...

by S.S. Mundra | On 27 Mar 2015

IMI Konnect Volume 4 Issue 2 - February 2015

The February 2015 issue of IMI Konnect (Volume 4, Issue 2) has the following articles - Reinventing India as an Innovation Nation? by Raghunath Anand Mashelkar; Understanding the Underpricing of IPOs...

by IMI Konnect | On 25 Mar 2015

IMI Konnect Volume 4 Issue 1 - January 2015

The January 2015 issue of IMI Konnect (Volume 4, Issue 1) contains the following articles - Does Monetary Policy Limit Lending Behaviour of Banks? by Samaresh Bardhan; Entrepreneurship Education in In...

by IMI Konnect | On 24 Mar 2015

Kerala Budget 2015-16

Budget speech of Kerala Finance Minister K M Mani.

by K.M. Mani | On 13 Mar 2015

Malaysia - Workforce Development

Malaysia has embarked on an ambitious plan to transform the economy with the aim of becoming a developed economy by the year 2020. The country's technical and vocational education and training (TVET)...

by World Bank | On 13 Mar 2015

Stability and Transitions in Emerging Market Policy Rules

Conditions for stability in an open economy dynamic stochastic general equilibrium model adapted to a dualistic labor market (SOEME) are the same as for a mature economy. But the introduction of mon...

by Ashima Goyal | On 11 Mar 2015

Cleanliness and Sanitation: Underlying Constraints in India

Open defecation and improper garbage disposal are a reality of public spaces in India, not just due to poverty or a lack of initiative on the government, but social acceptance of attitudes which disr...

by Poorva Awasthi | On 24 Feb 2015

Addressing Inequality in South Asia

An outcome report of IMF-World Bank meetings held in October 2014, this report highlights the stark inequalities in human development in South Asia. Based on parameters such as monetary indicators, he...

by Martin Rama | On 17 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

Financing for Infrastructure Investment in G-20 Countries.

This study looks into various sources of financing infrastructure and the demands for infrastructure investments and highlights the mismatch between demand and supply of funds for infrastructure finan...

by Ramprasad Sengupta | On 11 Feb 2015

Report of the Working Group on Agricultural Marketing Infrastructure, Secondary Agriculture and Policy Required for Internal and External Trade

The report reviews existing agricultural marketing system. It deals with improving efficiency and reducing transaction cost in Agricultural Marketing by strengthening the physical markets, encouraging...

by Planning Commission | On 11 Feb 2015

Indian Public Finance Statistics 2013-14

Indian Public Finance Statistics' is an annual publication prepared by the Economic Division of the Department of Economic Affairs, Ministry of Finance. This provides a comprehensive overview of the b...

by Ministry of Finance | On 10 Feb 2015

Impending Water Crisis in India and Comparing Clean Water Standards among Developing and Developed Nations

This paper is an overview of the issues surrounding India’s water scarcity, and also comparison of clean water standards between developing and developed nations. Water security is emerging as an incr...

by | On 06 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

Addressing Inequality in Southeast Asia through Regional Economic Integration

The paper mainly discusses the issues and policies relating to inequality in Southeast Asia. Policies to reduce inequality include more efficient fiscal policies, improve infrastructure and generating...

by Josef Yap | On 29 Jan 2015

Redistributive Policies for Sustainable Development: Looking at the Role of Assets and Equity

The paper distinguishes between the stock of income generating assets such as human capital and wealth and deriving income flows in order to clarify the differences between growth-equity trade off deb...

by Pierre Kohler | On 28 Jan 2015

The Productivity of Agricultural Credit in India

This study examines the nature of the relationship between formal agricultural credit and agricultural GDP in India, specifically the role of the former in supporting agricultural growth, using state...

by Sudha Narayanan | On 23 Jan 2015

Role of Audit Committees in Financial Conglomerates

The speech tells us about the expectations of the regulators from the Audit Committees and highlight emerging trends in the regulatory/supervisory domain that should engage the minds of the Audit Comm...

by S.S. Mundra | On 21 Jan 2015

mNutrition and ICT: Mobile Phones as the Next Avenue to Improve Nutrition

This paper overviews of the nutrition problem, and locates ICT and mobile phones as a major role player in improving the nutritional status of the people, especially women and children, in developing...

by Rituparna Dutta | On 12 Jan 2015

Changing Norms about Gender Inequality in Education: Evidence from Bangladesh

This paper examines norms about gender equality of the education of children and adults in Bangladesh using a recent household survey for two cohorts of married women. Education norms are found to dif...

by Niels-Hugo Blunch | On 29 Dec 2014

Logged On : Smart Government Solutions from South Asia

Mobile technology is helping to fight corruption in Pakistan, improve health delivery in Bangladesh, provide access to government by the ordinary citizen in India, and help monitor elections in Afghan...

by Zubair Bhatti | On 18 Dec 2014

The Indian Institutes of Information Technology Bill, 2014

A bill to declare certain institutions of information technology to be institutions of national importance, with a view to develop new knowledge in information technology and to provide manpower o...

by Parliamentary Research Service PRS | On 26 Nov 2014

What are the Headwaters of Formal Savings? Experimental Evidence from Sri Lanka

When households increase their deposits in formal bank savings accounts, what is the source of the money? High-frequency surveys are combined with an experiment in which a Sri Lankan bank used mobil...

by Michael Callen | On 13 Nov 2014

Location Identification for Rapid Evacuation from a Disaster Site: A Case Study from KAPS

Robust plans need to be developed for rapidly evacuating victims from a nuclear disaster site. Although nuclear plants are constructed with multiple redundant safety features, the chances of a leak ca...

by Debjit Roy | On 30 Oct 2014

Banking Renaissance: Inclusion, Innovation and Implementation

Innovative measures needed in our banking sector which would render it more inclusive, vibrant, productive, efficient and above all, customer-centric. [ seventh Annual Banking Conference “Bank on it ,...

by S.S. Mundra | On 17 Oct 2014

Voice and Agency: Empowering Women and Girls for Shared Prosperity

Despite recent advances in important aspects of the lives of girls and women, pervasive challenges remain. These challenges reflect widespread deprivations and constraints and include epidemic levels...

by Jeni Klugman | On 14 Oct 2014

Institutional Credit in Rainfed Areas: District Level Analysis in Southern States

Dryland regions of the country, poorly endowed as they are with natural resources including water are likely to be disadvantaged in terms of access to credit. Within the dryland areas too inter-pers...

by Satyasai K J S | 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

Reducing Poverty by Closing South Asia’s Infrastructure Gap

“Reducing Poverty by Closing South Asia’s Infrastructure Gap” reveals that the region’s growing demands for infrastructure has enlarged an existing infrastructure gap. According to the report, address...

by Luis Andrés | On 22 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

Assessing the Costs of Climate Change and Adaptation in South Asia

With a population of 1.43 billion people, one-third of whom live in poverty, the South Asia developing members of ADB face the challenge of achieving and sustaining rapid economic growth to reduce pov...

by Sanjay Upadhyaya | On 19 Sep 2014

Asia-Pacific Aspirations: Perspectives for a Post 2015 Development Agenda

This report is the sixth in the series of Asia-Pacific MDG reports produced since 2004 by the Economic and Social Commission for Asia and the Pacific/Asian Development Bank/United Nations Development...

by United Nations Development Programme UNDP | On 19 Sep 2014

Making Education a Priority in the Post-2015 Development Agenda: Report of the Global Thematic Consultation on Education in the Post-2015 Development Agenda

‘Making Education a Priority in the Post-2015 Development Agenda: Report of the Global Thematic Consultation on Education in the Post-2015 Development Agenda’ offers a summary of the main themes...

by United Nations Children's Fund UNICEF | On 18 Sep 2014

A BRIC Development Bank: A Dream Coming True?

BRICS leaders have approved creating a new development bank which would fund long-term investment in infrastructure and more sustainable development. This paper documents the scale of unmet needs in t...

by Stephany Jones | On 21 Aug 2014

Letting Girls Learn: Promising Approaches in Primary and Secondary Education

This paper analyses the benefits from female education (who gains and in what ways) and the constraints (direct and opportunity costs, reflecting economics and tradition). It then outlines promising a...

by Barbara Herz | On 01 Aug 2014

A Study of Policies Related to Science Education for Diversity in India

This paper presents the findings of a study concerning educational policies related to science education and diversity in India which is a geographically and socio-politically diverse country. If the...

by Sugra Chunawala | On 28 Jul 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

The Memories of a Spark: Reconstructing the 1965 riots in Madurai against the imposition of Hindi

The paper aims to capture the synthesis and popular reconstruction of one of independent India’s earliest instances of large-scale violence over the emotive issue of language, i.e. the January 1965 Ma...

by Sriram Mohan | On 24 Jul 2014

Fertility Decline and Missing Women

This paper empirically measures the relationship between desired fertility and the sex ratio. Standard survey questions on fertility preferences ask the respondent her desired number of children of...

by Seema Jayachandran | On 01 Jul 2014

Police and the Rule of Law: Recent Developments in India

This paper examines some of the recent pronouncements of the Supreme Court and other High Courts and tries to analyse them vis-à-vis the understanding of the rule of law in India. [IIMA W.P. No.2014-0...

by Anurag K Agarwal | On 11 Jun 2014

Unfree Mobility: Adivasi Women's Migration

Tribal community practices and cultures, particularly the lack of traditional restrictions on women’s work and labour, have indeed been a significant factor in bringing larger proportions of tribal w...

by Indrani Mazumdar | On 02 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

Industrial Unrest: Past trend and & Lessons for Future

This paper highlights the trends of industrial unrest in India, and their frequency in the post-liberalisation period. It plots a chart of the instances of union unrests and links it to the various in...

by All India Employers | On 23 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

Barnaparichay – a mall in progress, a street in transition

This paper examines the politics of the changing spatial order in Indian cities, post-liberalisation, with particular reference to College Street. The spatial reconstruction of College Street is large...

by Anurag Mazumdar | On 13 May 2014

Mobile Phones in Everyday Life of Mao Naga Youth: Mobile Cultures and Online Social Networking Practices of Mao, Manipur

Mobile phones have facilitated connectivity in the north eastern region of India in terms of Information and Communication technology (ICT). The convergence of Mobile phones and social networking site...

by Kaikho Paphro Chachei | On 13 May 2014

Columbo Declaration On Youth ‘Mainstreaming Youth in the Post-2015 Development Agenda’

This declaration is intended to be a framework for the outcome of the World Conference on Youth to be held in Sri Lanka in 2014. It is based on agreed principles from previous outcomes and is intend...

by World Conference on Youth 2014 | On 13 May 2014

World Atlas of Gender Equality in Education

Gender equality is one of the six goals of the global Education for All campaign that UNESCO leads. This was launched in 2000, when the countries of the world agreed to “eliminate gender disparities i...

by Edward B. Fiske | On 12 May 2014

Dynamic Effects of Microcredit in Bangladesh

This paper uses long panel survey data spanning over 20 years to examine the dynamics of microcredit programs in Bangladesh. With the phenomenal growth of microfinance institutions representing...

by Shahidur R. Khandker | On 26 Apr 2014

Is Self-Employment the Answer to Caste Discrimination? Decomposing the Earnings Gap in Indian Household Nonfarm Businesses

Using the India Human Development Survey data for 2004-05, two methodologies are used to estimate the earnings structure of household nonfarm businesses owned by Scheduled Castes and Tribes (SCSTs)...

by Ashwini Deshpande | On 20 Mar 2014

The Governance Of Global Value Chains

This article builds a theoretical framework to help explain governance patterns in global value chains. It draws on three streams of literature – transaction costs economics, production networks, and...

by Gary Gereffi | On 10 Mar 2014

Illness and Injury as Contributors to Bankruptcy

In 2001, 1.458 million American families filed for bankruptcy. To investigate medical contributors to bankruptcy, we surveyed 1,771 personal bankruptcy filers in five federal courts and subsequently c...

by Himmelstein DU | On 04 Mar 2014

CAO Audit of IFC Investment in Coastal Gujarat Power Limited , India

CAO received a complaint regarding IFC’s investment in CGPL from Machimar Adhikar Sangharsh Sangathan (MASS), the Association for the Struggle for Fishworkers’ Rights , representing fisher people li...

by O ffice of the Compliance Advisor Ombudsman CAO | On 26 Feb 2014

Banks Competition, Managerial Efficiency and the Interest Rate Pass-through in India.

If banks solve an inter-temporal problem under adverse selection and moral hazard, then bank specific factors, regulatory and supervisory features, market structure, and macroeconomic factors affect ...

by Jugnu Ansari | On 21 Feb 2014

Is Self-Employment the Answer to Caste Discrimination? Decomposing the Earnings Gap in Indian Household NonFarm Business

Using the India Human Development Survey data for 2004-05, two methodologies are employed to estimate the earnings structure of household nonfarm businesses owned by Scheduled Castes and Tribes (SCS...

by Ashwini Deshpande | On 17 Feb 2014

Online Promotions: Exploring the Emerging Opportunity in Indian Market

In this paper, the phenomena of online promotions is examined, its impact so far and its promise as we go forward. The paper traces the origins of the concept and its evolution and progress in India...

by Nidhi Mathen | On 29 Jan 2014

Do Indian States have the Power to Devise their Own Policies? A Study on Fiscal Space

With the decentralization process of the 1990s, linked to economic liberalization, there emerged new decisional scope for regional governments to shape their own policies. But the decentralization pro...

by Kim Robin | On 24 Jan 2014

The Way Forward for Northeast India

This paper seeks to explain the idea of linking Northeast India to Southeast Asia, which gained popular imagination following the release of the North Eastern Region Vision 2020 document in 2008. Howe...

by Laldinkima Sailo | On 22 Jan 2014

The Price of Steel-Human Rights and forced evictions in the POSCO-India Steel Project

The POSCO project in India is a story all too familiar. This is a story about attempts to forcibly evict thousands of families from their homes, their fields, and their forests to make way for a massi...

by Smita Narula | On 22 Jan 2014

India’s Development Cooperation: Charting New Approaches in a Changing World

This report first briefly delves into the historical context within which India's development cooperation must be seen and the role, objectives and the functioning of the DPA is explained. The report...

by Vivan Sharan | On 21 Jan 2014

Gender Equality and Women’s Empowerment Operational Plan, 2013–2020

Gender equity is one of the five drivers of change in the Asian Development Bank(ADB) Strategy 2020. ADB recognizes that without harnessing the talents, human capital and economics potential of women,...

by Asian Development Bank Institute | On 20 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

When and Why does Bangladesh’s Inflation Differ from India’s?

India and Bangladesh share a common historical background, geographical proximity, institutional similarities, and a policy shift towards economic liberalization since the early 1990s. Inflation betw...

by Biru Paksha Paul | On 05 Dec 2013

Delivering Environmentally Sustainable Economic Growth: The Case of China

China has achieved miraculous economic growth over the past 30 years to become the world’s second largest single-country economy. The economic boom is attributed to China’s market-oriented reforms, wh...

by Dr. Junjie Zhang | On 23 Oct 2013

Taming Food Inflation in India

High food inflation, which has averaged 10% during FY 2008-09 to December 2012, has been a major concern for policy makers in India. This is all the more important as an average household in India sti...

by Ashok Gulati | On 21 Oct 2013

Fifty Ninth Report on the Functioning of the Central Drugs Standards Control Organisation

The Committee is of the firm opinion that most of the ills besetting the system of drugs regulation in India are mainly due to the skewed priorities and perceptions of CDSCO. For decades together it h...

by Parliamentary Standing Committee Health and Family Welfare | On 15 Sep 2013

Measuring International Remittances in India: Concepts and Empirics

India is the top remittance receiving nation in the world. The international remittance receipts in India have grown at an impressive rate of 300 per cent during the past decade. Understanding the tru...

by Puja Guha | On 13 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

Five Years of Leading the Reserve Bank: Looking Ahead by Looking Back

This Tenth Nani A. Palkhivala Memorial lecture lecture centres around the role and responsibility of a central bank in a democratic structure. Central banks make macroeconomic policy that influences t...

by Duvvuri Subbarao | On 30 Aug 2013

Essays on Banking

This thesis comprises three essays on various aspects of the relationship between a firm or a country and its creditor banks. The first essay focuses on a firm's choice between borrowing from banks an...

by Raghuram G. Rajan | On 19 Aug 2013

Goa: A Postcolonial Society between Cultures

David Jackson is a Professor of Spanish and Portuguese. His research interests include Portuguese and Brazilian Literatures; Camões, Machado de Assis, Fernando Pessoa; modernist, vanguardist, and inte...

by Yale University | On 14 Aug 2013

Position Paper on Breastfeeding and Work

The role of the lactation consultant is to provide care, problem-solving, education, and counseling to breastfeeding mothers and their families. These clinical services, however, make up just one pa...

by International lactation Consultant Association | On 07 Aug 2013

Sleep Management, Breastfeeding & Postpartum Depression

There are research that indicates that mothers with PPD who do not get enough sleep are at greater risk for more severe depression. The authors conclude that clinicians must address measures to improv...

by Katherine Stone | On 01 Aug 2013

Allotment of Ration Cards and Ration to the Families Migrating from Drought Areas

Government resolution (GR) by Maharashtra government for migrant workers from drought areas. [Government of Maharashtra]. URL:[https://www.maharashtra.gov.in/Site/Upload/Government%20Resolutions/Engli...

by Food, Civil Supplies And Consumer Protection Depar Govt. Of Maharastra | On 18 Jun 2013

Driving Force: Labour Struggles and Violation of Rights in Maruti Suzuki India Limited

As reports of severe harassment of Maruti workers and their families trickled in in late July 2012, Peoples Union for Democratic Rights (PUDR) undertook a fact finding investigation into the inciden...

by PUDR Peoples Union for Democratic Rights | On 07 Jun 2013

Examining Private Participation in Embankment Maintenance in the Indian Sundarbans

This paper analyses the complementarities between land productivity and conservation investments in the context of river embankment maintenance in the Indian Sundarbans.[SANDEE]. URL:[http://www.san...

by Prasenjit Sarkhel | On 06 Jun 2013

An Observer

An Observer portrays the plight of inter state migrants in India. Dreams are limns of reality that sometimes remain shattered, which also signifies the fact that life is a beautiful 'bitter fruit'. ...

by Raghu Raman | On 04 Jun 2013

National Urban Health Mission

The Union Cabinet gave its approval to launch a National Urban Health Mission (NUHM) as a new sub-mission under the over-arching National Health Mission (NHM).

by Anonymous | On 27 May 2013

The National Policy for Children, 2012

The Union Cabinet gave its approval to the National Policy for Children, 2012. The Policy reaffirms the government’s commitment to the realization of the rights of all children in the country.

by Anonymous | On 27 May 2013

Farm Productivity Loss due to Flood-Induced Sand Deposition: A Study in Dhemaji, India

It is widely believed that the decline in agricultural productivity in the Dhemaji district of Assam, India, is due to flood-induced sand depositions in paddy fields. Increased sand content reduces th...

by Kalyan Das | On 27 May 2013

Revisiting the Growth-Inflation Nexus: A Wavelet Analysis

Motivated by the concern that the recent surge in inflation could retard growth, the paper revisits the nexus between inflation and growth from the perspective of an emerging economy, India. Examining...

by Saumitra N Bhaduri | On 23 May 2013

A Reality Checkpoint for Mobile Health: Three Challenges to Overcome

It has been predicted that by 2017 there will be ‘‘more mobile phones than people’’ on the planet, and currently three-quarters of the world’s population have access to a mobile phone. Amidst the inte...

by PLoS Medicine | On 08 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

Explaining Access to Credit by Rural Households: Results based on a Study of Several States in India

Against the backdrop of evolution of rural credit system in India as well as its observed failure to be inclusive in character, this paper makes use of a fairly large data set of the Center for Manage...

by Saugandh Datta | On 07 Mar 2013

The Street Vendors (Protection of Livelihood and Regulation of Street Vending) Bill, 2012

A bill to protect the rights of urban street vendors and to regulate street vending activities and for matters connected therewith or incidental thereto [PRS India]. URL:[http://www.prsindia.obill, rg...

by Parliamentary Research Service PRS | 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

Evaluation Study of Tribal/Folk Arts and Culture in West Bengal, Orissa, Jharkhand, Chhatisgrah and Bihar

The status of various forms of tribal and folk art and culture are explored. The influence of tribal and folk art & culture on the socio-economic conditions of the subjects covered under survey are...

by Gramin Vikas Seva Sanshtha GVSS | On 26 Feb 2013

Odisha Budget 2013-14: Part 1 Agriculture

Budget presented by Shri Prasanna Acharya. The first part contains the Agriculture Budget.

by Orissa Government | On 25 Feb 2013

Historical Sources of Institutional Trajectories in Economic Development: China, Japan, and Korea Compared

This essay provides a game-theoretic, endogenous view of institutions, and then applies the idea to identify the sources of institutional trajectories of economic development in China, Japan, and Kore...

by Masahiko Aoki | On 22 Feb 2013

Neutral Expectations from Automobile Sector

Budget expectations for automobile sector. [IRIS India].

by IRIS India IRIS | On 19 Feb 2013

The Companies Bill, 2011: FIfty-Seventh Report

According to the Ministry of Corporate Affairs, most of the recommendations made by the Committee in their earlier Report (21st Report) on the Companies Bill, 2009 have been accepted by the Government...

by Lok Sabha Secretariat | On 12 Feb 2013

Virtual Violence: Are Sections 66A and 67 of the IT Act the Answer?

The Internet has created possibilities for those who access the online world, but it has also spawned new avenues of gendered violence. While the law can provide legal recourse for a woman who faces h...

by Network of Women in Media NWMI | On 12 Feb 2013

The Companies Bill, 2011

A bill to consolidate and amend the law relating to companies. [PRS]. URL:[http://www.prsindia.org/uploads/media/Company/companies%20bill%202011.pdf].

by Parliamentary Research Service PRS | On 11 Feb 2013

The New Great Walls: A New Guide to China's Overseas Dam Industry, Second Edition

Chinese hydropower companies and banks are now the largest dam builders in the world. Chinese banks have stepped in to fill the gap left by traditional dam funders such as the World Bank. The Chines...

by International Rivers Network IRN | On 15 Jan 2013

Vital Stats: Parliament in Winter Session 2012

The first half of the Winter Session of Parliament, 2012 was dominated by disruptions over and discussion on the government's notification to allow 51% FDI in the retail sector. The issue was finally...

by Devika Malik | On 21 Dec 2012

Learning and Capability Acquisition: A Case Study of the Indian Automobile Industry

This study analyzes the impact of government policy regime on the learning and capability acquisition of firms over time. Through a case study analysis of the Indian automotive industry, the study d...

by Madhuri Saripalle | On 19 Nov 2012

It’s a Boy! Women and Non-Monetary Benefits from a Son in India

Son preference is widespread in a number of developing countries. Anecdotal evidence suggests that women may contribute to the persistence of this phenomenon because they derive substantial long-run...

by Laura Zimmermann | On 19 Nov 2012

Rajiv Gandhi Scheme for Empowerment of Adolescent Girls (RGSEAG) - Sabla

A new comprehensive scheme, called Rajiv Gandhi Scheme for Empowerment of Adolescent Girls or Sabla, merging the erstwhile Kishori Shakti Yojana (KSY) and Nutrition Programme for Adolescent Girls (NPA...

by Government of India Ministry of Women and Child Development | On 05 Oct 2012

NATIONAL PROGRAMME FOR YOUTH AND ADOLESCENT DEVELOPMENT

The scheme titled National Programme for Youth Adolescent Development (NPYAD) has been formulated by merger of four 100% central sector grants-in-aid schemes of the Ministry of Youth Affairs & Sports...

by Ministry of Youth and Sports Affairs YAS | On 28 Sep 2012

National Policy on Skill development

Skills and knowledge are the driving forces of economic growth and social development for any country. Countries with higher and better levels of skills adjust more effectively to the challenges and o...

by Ministry of Labour and Employment MoL&E | On 28 Sep 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

Economic and Financial Developments in Uttarakhand

A brief outline of the economic and financial structure of the State and the various financial inclusion initiatives taken by the Reserve Bank is highlighted. But there are some policy challenges in s...

by Deepak Mohanty | On 03 Sep 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

Capital Market Bank Funding: (Not such a) Brave New World …

What degree the financial crisis and the resulting developments have impacted and will impact long-term, capital market bank funding. [DB research] URL:[http://www.dbresearch.com/PROD/DBR_INTERNET_EN-...

by Meta Zähres | On 23 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

Capitalism as a System of Contingent Expectations: Toward a Sociological Microfoundation of Political Economy

Political economy and economic sociology have developed in relative isolation from each other. While political economy focuses largely on macrophenomena, economic sociology focuses on the level of soc...

by Jens Beckert | On 07 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

Gender Wage Discrimination in India: Glass Ceiling or Sticky Floor?

Traditional analysis of gender wage gaps has largely focused on average gaps between men and women, and mean wage decompositions such as the Blinder-Oaxaca (1973) decomposition method. To answer the q...

by Shantanu Khanna | On 26 Jul 2012

Are Embankments a Good Flood-­-Control Strategy? A Case Study of the Kosi River

This paper makes a first pass at evaluating embankments. Using two years or more of data from 504 households in 28 villages in the floodplain of the Kosi river in north Bihar, a comparison of the agri...

by E Somanathan | On 25 Jul 2012

The Salween River Basin: Dam Cascades Threaten Biological and Cultural Diversity

F rom its headwaters in the Tibetan Plateau to its estuary in Burma, the Salween River supports over ten million people. For many decades, it was the longest free-flowing river in Southeast Asia. It...

by International Rivers Network IRN | On 17 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

The New Age of Food Marketing: How Companies are Targeting and Luring our Kids — and What Advocates can do About it

Why should health advocates be concerned about the new marketing paradigm? Because young people's choices about what to eat and when are largely shaped by food and beverage marketing -- and these indu...

by Berkeley Media Studies Group BMSG | On 13 Jul 2012

The Higher Education and Research Bill, 2011

A bill to promote autonomy of higher educational institutions and universities for free pursuit of knowledge and innovation and to provide for comprehensive and integrated growth of higher educati...

by Parliamentary Research Service PRS | On 12 Jul 2012

Small Farmers in India: Challenges and Opportunities

This paper examines the roles and challenges of small holding agriculture in India. It covers trends in agricultural growth, cultivation patterns, participation of small holding agriculture, productiv...

by S. Mahendra Dev | On 06 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

Homo Biometricus: Biometric Recognition Systems and Mobile Internet Services

Biometric procedures are already accepted by millions of people every day on a variety of (social) internet platforms. Biometric identification procedures and their potential applications in everyday...

by Thomas F Dapp | On 05 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

Is the Deposit Refund System for Lead Batteries in Delhi and the National Capital Region Effective?

Lead recycling is often supported through a well-functioning Deposit Refund System (DRS) in the market for batteries (branded and generic). In this system, people can get a discount on the purchase o...

by Yamini Gupt | On 18 Jun 2012

Analysis of Gender Wage Differential in China’s Urban Labor Market

This paper estimates the gender wage gap and its composition in China’s urban labor market using the 2009 survey data from the Chinese Family Panel Studies. Several estimation and decomposition meth...

by Biwei Su | On 01 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

Arsenic Contamination of Groundwater in Bangladesh

Shallow groundwater with high arsenic concentrations from naturally occurring sources is the primary source of drinking water for millions of people in Bangladesh. It has resulted in a major public...

by Imran Matin | On 28 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

The Impact of Infrastructure on Agricultural Productivity

This paper provides an empirical basis for the perceived link between rural infrastructure and agricultural productivity. It validates the hypothesis that deficiencies in rural infrastructure e.g.,...

by Gilberto M Llanto | On 24 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

The Motor Vehicles (Amendment) Bill, 2007

With the aim of better regulation of traffic systems in cities, this Bill amends the existing Motor Vehicles Act, 1988. Among other provisions, it makes way for state governments to allow recognised a...

by Parliamentary Research Service PRS | On 21 May 2012

Vital Stats: 60 Years of Parliament

On May 13, 2012 Parliament completes 60 years since its first sitting. To mark the occasion, a special sitting of both Houses has been organised on the day. Recently, there has been much public scru...

by Rohit Kumar | 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

Role of Communication in Stigma and Discrimination

The objective of the study was to review media coverage (print ) related to HIV/AIDS in three states (Gujarat, Haryana and Madhya Pradesh) in order to determine the gaps in reporting. [CCMG Working Pa...

by Biswajit Das | On 10 May 2012

The Political Economy of Deforestation in the Tropics

Tropical deforestation accounts for almost one-fifth of greenhouse gas emissions worldwide and threatens the world.s most diverse ecosystems. The prevalence of illegal forest extraction in the tropi...

by Robin Burgess | On 08 May 2012

Up in Smoke: The Influence of Household Behavior on the Long-Run Impact of Improved Cooking Stoves

It is conventional wisdom that it is possible to reduce exposure to indoor air pollution, improve health outcomes, and decrease greenhouse gas emissions in the rural areas of developing countries thro...

by Rema Hanna | On 03 May 2012

Behavior of Remittance Inflows and its Determinants in Bangladesh

The paper examines the determinants of remittance inflow by applying ordinary least square method (OLS). The model include the weighted average GDP of the six (Saudi Arabia (KSA), United Arab Emirat...

by Mst. Nurnaher Begum | On 24 Apr 2012

Measuring and Explaining the Asymmetry of Liquidity

This paper examines transactions costs in buying versus selling using a large database of snapshots of the limit order book. On the equity spot market, there is clear evidence of asymmetry in liquid...

by Rajat Tayal | On 19 Apr 2012

The BRICS Report: A Study of Brazil, Russia, India, China, and South Africa with Special Focus on Synergies and Complementarities

Th is study, which is supported by the ministries of fi nance and the central banks of the BRICS, focuses on synergies and complementarities between the economies, highlighting their role as growth ...

by Ministry of Finance | On 18 Apr 2012

Innovative Approaches to Managing Longevity Risk in Asia: Lessons from the West

This paper discusses what is longevity risk, why it is important, approaches used by the West to manage longevity risk and what lessons can be learnt by Asian countries from the experiences of the Wes...

by Amlan Roy | On 18 Apr 2012

Signpost for Community Policing

Review of the book Community Policing: Misnomer or Fact? Author: Veerendra Mishra Sage, New Delhi.

by Vijay Raghavan | On 16 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 Iban Population of Sarawak: 1947-2000

The paper gives an analysis and description of the quantity and quality of the Iban population of Sarawak. The information about the pattern and trends of change of the population over time is also sh...

by Lam Chee Kheung | On 09 Apr 2012

Monetary Transmission in Pakistan: The Balance Sheet Channel

Using data of non-financial listed firms over a period of 1999-2010, this paper investigates the effectiveness of balance sheet channel in monetary transmission mechanism in Pakistan. By classifying f...

by Safia Shabbir | On 09 Apr 2012

Price and Income Elasticity of Imports: The Case of Pakistan

The paper estimates the elasticity of Imports with respect to relative prices and income for Pakistan from 1971 to 2009. What distinguishes this paper from the earlier studies is the use of robust est...

by Khurram Ashfaq Baluch | On 30 Mar 2012

Political Determinants of the Allocation of Public Expenditures: A Study of the Indian States

This study examines whether the allocation of public expenditures of the Indian states are significantly influenced by government specific political characteristics. Three types of government specif...

by Bharatee Bhusana Dash | On 27 Mar 2012

Maharashtra Budget Speech 2012-13: Part I

Budget for the year 2012-13. [Government of Maharashtra]. URL:[http://maharashtra.gov.in/pdf/english_speech_part_I.pdf].

by Maharashtra Government | On 27 Mar 2012

The Second Fundamental Theorem of Positive Economics

Welfare Economics is fortunate that there are two Fundamental Theorems of Welfare Economics. Positive Economics on the other hand is seemingly endowed with none. One of the fundamental results of Posi...

by Anjan Mukherji | On 15 Mar 2012

Railway Budget 2012-2013

Budget 2012-2013

by Dinesh Trivedi | On 14 Mar 2012

State of Indian Agriculture 2011-12

The report reviews the status and performance of agriculture, especially during the last two decades, and also presents what could be the way forward, given our objectives of accelerated growth, inc...

by Ministry of Agriculture GOI | 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

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

Theft and Loss of Electricity in an Indian State

Utilizing data from the power corporation of Uttar Pradesh, India’s most populous state, the politics of electricity theft over a ten year period (2000–09) is studied. It is seen that electricity the...

by Miriam Golden | On 06 Mar 2012

Failed Mechanism: How the CDM is Subsidizing Hydro Developers and Harming the Kyoto Protocol

Five years age, International Rivers started monitoring the Kyoto Protocol’s Clean Development Mechanism (CDM), concerned that funds marked for climate change mitigation would be used to encourage c...

by Barbara Haya | On 01 Mar 2012

Annual Report 2011-12 On the Working of State Power Utilities and Electricity Departments

Major shifts in the policy initiated in the electricity sector are well documented so that the effect of this policy change can be analyzed especially from the point of view of laying down future poli...

by Planning Commission | On 28 Feb 2012

Capital Accumulation and Convergence in a Small Open Economy

Outward-oriented economies seem to grow faster than inward-looking ones. Does the literature on convergence have anything to say on this? In the dynamic Heckscher-Ohlin-Samuelson model, with factor-pr...

by Partha Sen | On 28 Feb 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

More Money or More Development: What Have the MDGs Achieved?

What have the MDGs achieved? And what might their achievements mean for any second generation of MDGs or MDGs 2.0? We argue that the MDGs may have played a role in increasing aid and that developmen...

by Charles Kenny | On 24 Feb 2012

Terms of Trade and Its Implications: Bangladesh Perspective

This paper explores the key reasons behind the movements in the terms of trade and the real net gain and loss from trade in the long run. Like some selected Asian countries (Vietnam, China and South...

by Mohammad Masuduzzaman | On 23 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

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

Economics of Mango Cultivation

The paper is based on "Commodity Specific Study on Mango" undertaken by NABARD in the states of Andhra Pradesh, Maharashtra and West Bengal. For the study, A total sample of 186 respondents was sele...

by G.D. Banerjee | On 17 Feb 2012

Violent Conflict and Human Capital Accumulation

This paper reviews and discusses available empirical research on the impact of violent conflict on the level and access to education of civilian and combatant populations affected by violence. Three ...

by Patricia Justino | On 15 Feb 2012

Myanmar Economy: A Comparative View

A stated objective of Myanmar is to become a modern developed nation that will stand shoulder to shoulder – proud, dignified and tall – with the countries of the world. How far has Myanmar come in a...

by U Myint | On 15 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

Selling Formal Insurance to the Informally Insured

Unpredictable rainfall is an important risk for agricultural activity, and farmers in developing countries often receive incomplete insurance from informal risk-sharing networks. The demand for, and...

by A. Mushfiq Mobarak | On 10 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

Estimating the Middle Class in Pakistan

Using the Pakistan Social and Living Measurement Survey (PSLM), conducted in 2007-08, the paper measures the magnitude of the middle class (definition given by Thurow (1987); Birdsall, Graham and Pe...

by Durr-e- Nayab | 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

“Reserve Bank of India Post-Policy Conference Call”

RBI Governor D. Subbarao answering to researchers after publishing the monetary policy. [RBI]. URL:[http://rbidocs.rbi.org.in/rdocs/Content/PDFs/RBIRA27012012.pdf]

by Reserve Bank of India RBI | On 30 Jan 2012

Frozen Food Products Marketing and Distribution Challenges in a Developing Country Case Study: Pakistan

The aim of this case study is to understand the challenges the frozen food industry in a developing country like Pakistan has faced in the past, and is facing currently. The study reveals that inste...

by Shehla Riza Arifeen | On 27 Jan 2012

Rural to Urban Migration in Pakistan: The Gender Perspective

This paper analyses gender dimensions in rural to urban migration (age 10 years and above) in Pakistan. The study is based on Labour Force Surveys 1996-2006. The findings of the study show that over...

by Shahnaz Hamid | On 20 Jan 2012

Inefficiency and Abuse of Compulsory Land Acquisition: An Enquiry into the Way Forward

This paper focuses on two issues: the problems with the compulsory acquisition of land, and the regulatory and institutional impediments that obstruct voluntary land transactions. It is argued that an...

by Ram Singh | On 19 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

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

State Focus Paper 2012-13: Karnataka

The State Focus Paper (SFP) consolidates the PLPs of all the 30 districts and highlights the potential for flow of credit to various sectors in agriculture and rural development. The credit potential...

by National Bank for Agriculture and Rural Devt NABARD | 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

An Adaptive Probabilistic Model for Broadcasting in Mobile Ad Hoc Networks

Ad hoc peer-to-peer mobile phone networks (phone MANETs) enable cheap village level telephony for cash-strapped, off-the-grid communities. Broadcasting is a fundamental operation in such manets and...

by Kavitha Ranganathan | On 04 Jan 2012

Ethanol Blending Policy in India: Demand and Supply Issues

In the year 2008, the Government of India announced its National Policy on biofuels, mandating a phase-wise implementation of the programme of ethanol blending with petrol in various states. This stud...

by Saon Ray | On 02 Jan 2012

Right to Food Security Bill: Challenges and Opportunities

The financial implications of the food security bill can be questioned. But the Bill proposes to protect the citizens from hunger and improve the nutritional intake of women and children.

by Rudra Narayan Mishra | On 30 Dec 2011

The Broken Broker System? Transacting on Agricultural Wholesale Markets in India (Uttarakhand)

The focus is on the central role played by state-regulated commission agents, known as brokers: agents who are widely present in Indian markets to assist sellers in finding buyers through organizing a...

by Bart Minten | On 29 Dec 2011

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

Consultation Report on Strengthening the Role of Agriculture for a Nutrition Secure India

The Indira Gandhi Institute of Development Research (IGIDR), Mumbai and the International Food Policy Research Institute (IFPRI), New Delhi organized a workshop ‘Strengthening the Role of Agriculture...

by Srijit Mishra | On 27 Dec 2011

Approach Paper: Vulnerabilities of Women Homebased Workers`

This paper focuses on homebased women workers and discusses the specific issues of their vulnerability as women and as workers, in the framework of their basic citizenship right to economic and soci...

by Indrani Mazumdar | On 26 Dec 2011

Non-regular Workers in India: Social Dialogue and Organizational and Bargaining Strategies and Practices

Both secondary and primary sources of information and data have been used. In order to provide the context of the study, data relating to the labour market indicators and employment of some categori...

by K.R. Shyam Sundar | On 22 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

Why Full Open Access Matters

Scientific authors who pay to publish their articles in an open-access publication should be congratulated for doing so. They also should be aware that they may not be getting full open access fro...

by Michael W Carroll | On 13 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

Monetary and Fiscal Policy in the Presence of Informal Labour Markets

How does informality in emerging economies affect the conduct of monetary and fiscal policy? To answer this question two-sector, formal-informal new Keynesian closed-economy is constructed. The inf...

by Nicoletta Batini | On 02 Dec 2011

Rejigging the Elephant Dance

India's development challenges. The India growth story was thrown off track by the global financial crisis which engulfed virtually every country in the world. We recovered from the crisis sooner than...

by Duvvuri Subbarao | 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

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

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

The Public Procurement Bill, 2011

An Act to regulate public procurement with the objective of maximising economy and efficiency, promoting competition among suppliers and contractors while ensuring a fair, transparent and equitable...

by Planning Commission | On 08 Nov 2011

The Determinants of Export Performance of China's Township-Village Enterprises

The rapid export growth of China's township-village enterprises (TVEs) has not been well understood and explained. Using a simple analytical model and exploring a unique dataset on China's TVEs the...

by Changqi Wu | On 08 Nov 2011

Dial “A” for Agriculture: A Review of Information and Communication Technologies for Agricultural Extension in Developing Countries

This article outlines the potential mechanisms through which ICT could facilitate agricultural adoption and the provision of extension services in developing countries. It then reviews existing prog...

by Jenny C Aker | On 07 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

Macro-Economic Policy Outcomes and Agriculture Relation between Fiscal Deficits and Investment in Agriculture

In an earlier paper (Alagh, Munish, 2011) it was shown that macro economics matters in agriculture. The relevance of understanding the impact of macro-economic policy on agriculture was outlined. A...

by Munish Alagh | On 24 Oct 2011

A Case for Case Studies

This essay attempts to look beyond the long-standing qualitative-quantitative tug of war in studying society. It takes as an example one approach, the case study, that often acts as a bridge between...

by Ipsita Sapra | On 19 Oct 2011

Transactions Matter but They Hardly Cost: Irrigation Management in the Kathmandu Valley

This study estimates the transaction costs entailed in maintaining Farmer Managed Irrigation Systems (FMIS) in Nepal based on a case study of 60 irrigation systems in the Kathmandu valley. It analyz...

by Ram Chandra Bhattarai | 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 Economic Policy and Legal Analysis of The Micro Finance Institutions (Development & Regulation) Bill, 2011

In response to the Second Micro Finance Crisis in Andhra Pradesh, which took place in October 2010, the Ministry of Finance has pro- posed a new Micro Finance Institutions (Development & Regulation) ...

by Shubho Roy | On 17 Oct 2011

Evaluation of Value-Added Agricultural Advisory Services: Case Study of Agriclinics in Southern India

The Indian national program of agriclinics and agribusiness centers, started in 2002, aims to provide farmers with a reliable alternative to the private input dealer by subsidizing technically trained...

by Claire J Glendenning | On 14 Oct 2011

Global Economic Crisis: Impact and Restructuring of the Services Sector in India

The Indian economy has shown considerable resilience to the global economic crisis by maintaining one of the highest growth rates in the world. The services sector accounted for around 88 per cent of...

by Abhijit Das | On 13 Oct 2011

Competition for Foreign Capital: Endogenous Objective, Public Investment and Tax

In this paper the objective functions of the regions as well as their decision to provide public investment are endogenized in a model of competition for foreign owned mobile capital. It is demonstra...

by Rupayan Pal | On 04 Oct 2011

ASEAN Auto Market Growing in the Shadow of China and India

The automobile industry in the ASEAN countries has expanded rapidly over the last few years. The growth potential of the ASEAN auto market and its now very major absolute importance for the industr...

by Eric Heymann | On 03 Oct 2011

Workshops Without Walls: Broadening Access to Science around the World

The National Aeronautics and Space Administration (NASA) Astrobiology Institute (NAI) conducted two “Workshops Without Walls” during 2010 that enabled global scientific exchange—with no travel require...

by Betul K Arslan | On 28 Sep 2011

Monetary Policy Dilemmas: Some RBI Perspectives

Over the last decade, the profile of central banks has gone up. First, we had the Great Moderation - a period of extraordinary benign macroeconomic environment globally, characterized by steady growth...

by Duvvuri Subbarao | On 27 Sep 2011

The New Great Walls: A Guide to China's Overseas Dam Industry

The purpose of this guide is to support groups addressing the impacts of dams built by Chinese companies and financiers. The guide is intended for use by non-governmental organizations (NGOs) and in...

by International Rivers Network IRN | 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

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

Report of the Expert Committee on Licensing New Urban Co-operative Banks

With a view to increasing the coverage of banking services amongst local communities, it was proposed in the Annual Policy Statement for the year 2010-11 to set up a Committee comprising of all stakeh...

by Reserve Bank of India RBI | On 15 Sep 2011

Agricultural Productivity and Credit- Issues and Way Forward

Certain trends in agricultural productivity, agricultural finance are outlined. Recommendations for improving agricultural productivity are given here. [Address at The National Seminar on Productivity...

by Chakrabarty K C | On 12 Sep 2011

Why Big Dams are the Wrong Response to Climate Change

International Rivers strongly supports policy measures that can promote a rapid expansion of renewable energy sources. But these measures need to be based on a holistic understanding of sustainabili...

by International Rivers Network IRN | On 07 Sep 2011

Mortality, the Family and the Indian Ocean Tsunami

Over 160,000 people died in the 2004 Indian Ocean tsunami. The correlates of survival are examined using data from the Study of the Tsunami Aftermath and Recovery (STAR), a population-representative...

by Elizabeth Frankenberg | On 06 Sep 2011

Working Group on the Issues and Concerns in the NBFC Sector: Report and Recommendations

The Working Group was constituted to review the existing regulatory and supervisory framework of non-banking finance companies (NBFCs) with special focus on the risks in the sector. The approach adopt...

by Reserve Bank of India RBI | On 30 Aug 2011

Status of Micro Finance 2009-10

The data presented covers information relating to savings of Self Help Groups (SHGs) with banks as on 31 March 2010, loans disbursed by banks to SHGs during the year 2009-10, loans outstanding of th...

by National Bank for Agriculture and Rural Devt NABARD | On 29 Aug 2011

Infrastructure Investment and Regional Economic Growth: A Case Study of Maharashtra

The study initially reviews the infrastructure facilities for the 33 districts of Maharashtra for one year i.e.1999-2000. Using this, the extent of disparities between these regions is found. Further...

by A M Swaminathan | On 29 Aug 2011

Drivers of Agricultural Diversification in India, Haryana and the Greenbelt Farms of India

The present study discusses factors responsible for agricultural diversification at different levels: country (India), state (Haryana) and farms of Kurukshetra district in Haryana. The study regress...

by Brajesh Jha | On 29 Aug 2011

Consultation Paper on IMT – Advanced Mobile Wireless Broadband Services

In order to facilitate introduction of International Mobile Telecommunications (IMT) Advanced mobile broadband services, the Authority has decided to deliberate on various related issues including sui...

by Telecom Regulatory Authority of India TRAI | On 24 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

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

India-Pakistan Trade

On the basis of a survey conducted in three cities viz., Delhi, Mumbai and Amritsar the paper examines the characteristics of firms engaged in Indo- Pakistan trade. It also estimates the transaction...

by Nisha Taneja | On 11 Aug 2011

Indian Education System – Issues and Challenges

The role played by Reserve Bank of India (RBI) and the banking system in India in strengthening education system. Realizing the importance of education for the economic development and the overall liv...

by Chakrabarty K C | On 10 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

Efficiency and Productivity Growth in Indian Banking

This paper attempts to examine technical efficiency and productivity performance of Indian scheduled commercial banks, for the period 1979-2008. A model is constructed using multiple output/multiple i...

by S S Rajan | On 03 Aug 2011

The Digital Society: New Ways to More Transparency, Participation and Innovation

The study makes specific recommendations for decisionmakers in industry, society and politics on how to handle new network technologies. URL:[http://www.dbresearch.com/PROD/DBR_INTERNET_EN-PROD/PROD...

by Thomas F Dapp | On 02 Aug 2011

Consultation Paper on Mobile Value Added Services

TRAI has initiated this consultation paper suo-motu focusing on future looking regulatory framework for provisioning of Mobile Value Added Services. URL:[http://www.trai.gov.in/WriteReadData/trai/uplo...

by Telecom Regulatory Authority of India (TRAI) | On 26 Jul 2011

A Voice for the Voiceless: Peer-to-peer Mobile Phone Networks for a Community Radio Service

A new application for mobile ad-hoc networks (MANETs) – community radio is proposed. How MANETS help overcome important limitations in how community radio is currently operationalized is shown here. A...

by Kavitha Ranganathan | On 19 Jul 2011

Report of the Two Day Consultation on Access to Health Care of Vulnerable Groups in Mumbai

The two day consultation on access to health care of vulnerable groups in Mumbai was organised by the Mumbai chapter JSA. Vulnerable groups taken are people living in institutions, queer women, sex...

by Jan Swasthya Abhiyan | On 08 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

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

Poverty and Inequality in Uttar Pradesh during 1993-94 to 2004-05: A Decomposition Analysis

This paper attempts a decomposition analysis of Poverty scenario in UP during 1993-94 and 2004-05. It was found that poverty has decreased but inequality has increased between these years. The main ...

by Durgesh Chandra Pathak | On 01 Jul 2011

Policies and Measures to Mitigate Potential Environmental Impacts of Cross Border Infrastructure Projects in Asia

While bringing positive impacts and benefits, cross-border infrastructure projects face additional challenges relative to national projects. Moreover, such projects involve a variety of technical, reg...

by ZhongXiang Zhang | On 27 Jun 2011

Strategies for the Replication of Urban Environmental Innovations – A Case of Community-based Decentralized Composting in Dhaka

Traditionally sanitary services are provided by the State or State owned bodies. However, with the ever increasing population and waste generation rates coupled with lack of financial resources and in...

by Sudhakar Yedla | On 27 Jun 2011

Tailored Aid for a Tailored Age?

In this short essay, senior fellow David Wheeler compares the world’s foreign assistance architecture to how the rest of the world operates in the digital age. He suggests that multilateral and bilat...

by David Wheeler | On 24 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

India’s Trade Policy Choices

India’s economic growth has accelerated in recent years, and its share of world trade has expanded. These are welcome developments for the country and, given India’s large share of the world’s popul...

by Sandra Polaski | 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

Book Review:Toilet Reading

Review of: The Culture of Flushing: A Social And Legal History of Sewage Jamie Benidickson. UBC Press,Vancouver, 2007. xxiv + 404 pp. $93.95 (cloth), ISBN 978-0-7748-1291-7; $32.95 (paper), ISBN 9...

by Katie Schroeder | On 09 Jun 2011

Is it Desirable to Take a World Bank Loan for Strengthening Local Governments in Kerela?

This note analyses the desirability of a loan from the World Bank for strengthening local governments of Kerala under two scenarios. First, is the case where the loan supplements the resources of th...

by Centre for Global Development | On 09 Jun 2011

The Mobile Communications Services Industry in India: Has it Led to India Becoming a Manufacturing Hub for Telecommunication Equipments

The paper is an analysis of the growth in services leading to the emergence of a manufacturing industry. Although the industry is dominated by MNCs, domestic firms have started making an entry into do...

by Sunil Mani | On 07 Jun 2011

Monetary Policy and Credit Demand in India and Some EMEs

Impact of changes in policy rate of interest on demand for bank credit is examined for seven emerging market economies including India for the period 2002 to 2010. Panel data techniques are used after...

by B L Pandit | On 24 May 2011

Business Group Ownership of Banks: Issues and Implications

This paper introduces the phenomenon of business groups in the theory of financial intermediation by banks, developed by Diamond (1984) with a view to analyzing their impact on the result of finan...

by Ashish Taru Deb | 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

Impact of Mobile Phones on College Activities

The college environment has totally altered with the extensive use of mobile phones. What is the nature of this change? What is the nature of use of different categories such as students, teachers an...

by Omkar Khandekar | On 16 May 2011

Monetary Operations and Central Bank Balance Sheets in a World of Limited Government Securities

The limited supply of government securities in some industrial countries has important ramifications for the operating techniques used by central banks to implement monetary policy, provide credit to...

by Mark Zelmer | On 16 May 2011

History in Bengali Literature: A Study of Selected Bengali Novels

Great novelists through their writings placed the history of the Indian national and social awakening movement in literature.The context of this article is great three novels of three great littérat...

by Sarmistha Ghoshal | On 09 May 2011

Behavioural Risks in Early Adolescents with HIV Positive Mothers

Although advances in medical treatment have reduced mortality in people living with HIV, thousands of children will continue to cope with the stress of living with a parent who has a chronic, potentia...

by Asha Menon | On 09 May 2011

The Wrong War

In a week when the Reserve Bank of India (RBI) has said that combating inflation is now its primary focus, it is important to ask: is RBI fighting yesterday’s war, instead of peering into the future t...

by T.N. Ninan | 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

Analysis of Gender Disparity in Meghalaya by Various Types of Composite Indices

In this paper the author analyses the gender disparities in Meghalaya by various types of Composite Indices. URL: [http://www.freewebs.com/nehu_economics-a/meghalaya-gender.pdf]

by S.K. Mishra | On 04 May 2011

Half Yearly Monetary and Financial Stability Report (March 2011)

The Hong Kong economy grew strongly in the second half of 2010. The unemployment rate has now dipped below the trend rate of the past 10 years and the momentum of rising consumer prices has picked...

by Hong Kong Monetary Authority | On 04 May 2011

Monetary Policy Statement 2011-12

This Statement sets out the Reserve Bank’s assessment of the current macroeconomic situation and projections. URL:[http://rbidocs.rbi.org.in/rdocs/notification/PDFs/APS030511F.pdf].

by Duvvuri Subbarao | On 03 May 2011

A Review of India's Industrial Policy and Performance

When India’s industrial policy chronicle is reviewed, it is found that the country has mainly followed three regimes after independence. These are the planned or controlled period till the end of th...

by G Burange | On 02 May 2011

Report of the Task Force on Plantations Sector

Today there is no credible alternative facility available to a grower to meet the risks of price movements and the art of price risk management is unknown to the small growers. (In this entire report,...

by Ministry of Commerce and Industry GOI | On 02 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

Report of the Task Force on Credit Related Issues of Farmers

The Task Force visited 45 villages across 17 states and held state and regional level consultations to understand from women and men farmers, bankers, civil society, academicians, planners, activists,...

by National Bank for Agriculture and Rural Devt NABARD | 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

Targeting and Distribution of Post-Tsunami Aid in Sri Lanka : A Critical Appraisal

In this study, two types of aid transfers - boats and houses are examined- that were made to rehabilitate tsunami-affected fishery households in Sri Lanka. The goal is to investigate the distributio...

by Asha Gunawardena | 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

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

Budget 2011-12, Meghalaya

Budget 2011-12 presented by the Finance Minister.

by Government of Meghalaya Govt | On 28 Mar 2011

Parliament Session Wrap: Budget Session – February 21 to March 25, 2011

Nine legislative Bills were introduced during the session. Five Bills were passed and one Bill was withdrawn during the session. Several hours were lost due to interruptions on the issues of appointme...

by Kusum Malik | On 28 Mar 2011

What Regulatory Policies Work for Emerging Markets?

This paper discusses the banking regulatory and supervisory practices in People’s Republic of China (PRC) with reference to the international standard for banking supervision, namely, the Basel Core P...

by Luo Ping | On 28 Mar 2011

Iron and Steal: The POSCO India Story

This  report  presents  a  comprehensive  analysis  of  the  claims  advanced  by  the  State  and  Central  governments  and  the  POSCO  company  itself,  of  the  various  benefits  that  would  ac...

by Anu Mandavilli | On 25 Mar 2011

Banking Laws Amendment Bill

The government introduced a bill in the Lok Sabha on Tuesday that seeks to align voting rights in private banks with shareholding, enhance the central bank’s regulatory powers over banks and give grea...

by Economic Times ET | On 23 Mar 2011

The Banking Laws (Amendment) Bill, 2011

A BILL further to amend the Banking Regulation Act, 1949, the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970 and the Banking Companies (Acquisition and Transfer of Undertak...

by Parliamentary Research Service PRS | On 23 Mar 2011

IDA at 65: Heading Toward Retirement or a Fragile Lease on Life?

Even under conservative assumptions, IDA will likely face a wave of country graduations by 2025. We project that it will lose more than half of its client countries and that the total population l...

by Todd Moss | On 22 Mar 2011

Relationship Banking and Its Role in Corporate Governance

Bank-based systems of corporate governance are certainly an alternative in many Asian economies. In spite of the great efforts directed to strengthening corporate governance along the Anglo- America...

by Sang-Woo Nam | 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

Protecting Rivers and Rights: The World Commission on Dams Recommendations in Action

The briefing kit highlights key examples of policies, regulations and laws that reflect these WCD recommendations and references specific projects that demonstrate them in action. [IRN brief]. URL:...

by International Rivers Network IRN | On 17 Mar 2011

Discussion Paper: e-Development Index

As per economic theory, digitalisation of the economy impacts economic growth in two ways: one as an input in to production process and the other as an enhancer of productivity through technological...

by Mr. R. Venkatesan | On 11 Mar 2011

Poverty Targeting in Asia: Experiences from India, Indonesia, the Philippines, People’s Republic of China and Thailand

Poverty targeting, defined as the use of policy instruments to channel resources to a target group identified below an agreed national poverty line, is used by all governments in Asia in one form or...

by John Weiss | On 11 Mar 2011

e-development? Development and the New Economy

The world economy has recently changed. A new world economy has emerged over the last decade as two long-run broad trends, globalization and advances in information and communication technology (I...

by Matthew Clarke | On 10 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

Budget Impact on Various Sectors

Budget reactions from various sectors

by Leena Chandan | On 09 Mar 2011

Round-Tripping Foreign Direct Investment in the People’s Republic of China

There is no doubt that part of foreign direct investment (FDI) inflows to the People’s Republic of China (PRC) FDI belongs to the return of Chinese capital that has gone abroad. The World Bank and o...

by Xiao Geng | On 08 Mar 2011

Draft of The Animal Welfare Act, 2011

Comments can be sent to animalwelfareact2011@gmail.com by March 20, 2011.

by Ministry of Environment and Forests GOI | On 07 Mar 2011

Report Cards: The Impact of Providing School and Child Test-scores on Educational Markets

Recent evidence on the impact of information provision on service delivery has been mixed, with overall outcomes even worsening in certain cases. We examine the market-wide impact of an experimental i...

by Tahir Andrabi | On 07 Mar 2011

Governing Globalization: Issues and Institutions

This policy brief is intended to outline suggestions and stimulate discussion at a time when the world community is thinking about, and is engaged in, a debate on global governance. The policy brief n...

by Deepak Nayyar | On 04 Mar 2011

The Uses of Economic Theory: Against a Purely Positive Interpretation of Theoretical Results

Economists are excessively influenced by the so-called positive economics view, which says that economists should only describe and not prescribe. Here the author argue that this view is flawed beca...

by Abhijit V. Banerjee | On 04 Mar 2011

Giving Credit Where it is Due

This paper shows how the productive interplay of theory and experimental work has furthered our understanding of credit markets in developing countries. Descriptive facts motivated a body of theory,...

by Abhijit V. Banerjee | On 28 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

Explaining the incidence of catastrophic expenditures on health care: Comparative evidence from Asia

Out-of-pocket (OOP) financing of health care leaves households exposed to the risk of unforeseen expenditures that absorb a large share of the household budget. Here, they explain variation in the inc...

by Eddy van Doorslaer | On 21 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

Punishing the Poor? A Look at Evidence and Action Regarding User Fees in Health Care

This policy brief aims to summarise evidence and discuss various concerns about charging user fees from a low-income perspective.

by ... CEHAT | On 16 Feb 2011

Indian Economy: Selected Methodological Advances

This paper develops tools to examine selected major issues in the Indian economy. The study computes the potential growth rate of the economy and the agricultural sector, extends the analysis of fisca...

by Mathew Joseph | On 11 Feb 2011

The Dynamics of Competition: Phasing of Domestic and External Liberalisation in India

The focus of the analysis is on the post-colonial period after India attained independence in 1947. This paper covers the period from 1950-51 onwards for which consistent data series are available....

by Arvind Virmani | On 03 Feb 2011

Cost-effectiveness Assessment of Greenhouse Gas Mitigation Options: A Proposed Methodology

The World Bank has been requested by the government of India to undertake a study, “Strategies for Low Carbon Growth.” The study considers different options for low-carbon growth trajectories to fis...

by Ministry of Environment and Forest | On 03 Feb 2011

Third Quarter Review of Monetary Policy 2010-11

This statement sets out the Reserve Bank’s assessment of the current macroeconomic situation and forward projections.

by D Subbarao | On 31 Jan 2011

Singapore's Exchange Rate-Based Monetary Policy: A Critical Evaluation

The exchange rate-based monetary policy followed by the Monetary Authority of Singapore (MAS) is outlined. Possible theoretical frameworks, including a reaction function is outlined. The way the MAS h...

by Partha Sen | 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

Report of the Sub-Committee of the Central Board of Directors of Reserve Bank of India to Study Issues and Concerns in the MFI Sector

While this growth is impressive, a number of studies both in India and abroad have questioned whether growth alone is effective in addressing poverty and what the adverse consequences of a too rapid g...

by Reserve Bank of India | On 30 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

Microfinance and Moneylender Interest Rate: Evidence from Bangladesh

The linkage between the formal and informal credit markets has long been of great interest to development economists. This paper addressed one aspect of the linkage by empirically investigating the...

by Debdulal Mallick | On 25 Jan 2011

Revisiting Jamuna Bridge Resettlement Areas: Exploring Livelihood Status of the Affected People

Jamuna Multipurpose Bridge (JMB) project was the first of its kind which incorporated resettlement activities facilitating livelihood restoration of the project affected people (PAP). This study was...

by Shyamal C Ghosh | On 21 Jan 2011

Designing Economic Instruments and Participatory Institutions for Environmental Management in India

This paper examines the possibility of using economic instruments, especially pollution taxes and bargaining approaches, as a means to encourage or improve people's participation in environmental mana...

by N.M. Murty | On 13 Jan 2011

Environmental Literacy and NGOs: Experience from the Microcredit Based Social Forestry Program of Proshika in Bangladesh

This study assesses the impact of participation in the social forestry program of Proshika on the environmental literacy of participating households in Bangladesh. Proshika--a non-governmental organiz...

by Md. Jahangir Alam Chowdhury | On 13 Jan 2011

Two Studies on the Impact of Meghna-Dhonagoda Flood Control, Drainage and Irrigation Project

The Meghna-Dhonagoda Embankment (MDE) is an example of a flood control scheme which also regulates irrigation and drainage of the area inside it. This intervention in the natural functioning of the e...

by Saira Ansary | On 06 Jan 2011

Monetary Policy, Capital Flows, and the Exchange Rate

The use of monetary policy in India has been constrained by a loose fiscal policy and capital flows. Capital inflows have the potential to cause a Dutch Disease-type situation. The RBI has carried out...

by Partha Sen | On 06 Jan 2011

Dynamics of Urban Mobility: A Comparative Analysis of Megacities of India

This paper aims to analyse urban mobility patterns and consequent impacts on energy and environment in India. We investigate the quantity of energy use in 23 metropolitan regions for the period 1981–...

by B. Sudhakara Reddy | On 03 Jan 2011

Why Do Poverty Rates Differ From Region to Region? The Case of Urban China

This paper proposes a semi-parametric method for poverty decomposition, which combines the data-generating procedure of Shorrocks and Wan (2004) with the Shapley value framework of Shorrocks (1999...

by Yin Zhang | On 29 Dec 2010

Problems of the Women Headed Households

The objective of this study was to identify and understand the problems faced by women-headed households. The study was undertaken with two assumptions: (1) a support system is in place which ensure...

by Naomi Hossain | On 28 Dec 2010

The Political Economy of Poverty Reduction

Large-scale antipoverty programs have achieved significant and positive results in many developing countries around the world in the past decade. This paper explores the challenges of “scaling up” sma...

by Raj M. Desai | On 21 Dec 2010

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

Repayment Incentives and the Distribution of Gains from Group Lending

Group loans with joint liability have been a distinguishing feature of many micro nance programs. While such lending has bene tted millions of borrowers, major lending insti- tutions have acknowledg...

by Jean-Marie Baland | On 17 Dec 2010

Globalization, Development, and Mobility of Technical Talent: India and Japan in Comparative Perspectives

The objective here is to understand how the mobility of technical talent might be changing the structural relationship between rich and poor countries. This paper examines the under-researched relat...

by Anthony P. D'Costa | On 15 Dec 2010

Negotiating Placeness:Tribal Communities in Western Ghats

The paper discuses the differences tribals and government have in understanding of and perception about the forest. It also discuses the outcomes of these differences.

by M. Suresh | On 15 Dec 2010

NGOs’ Strategies and the Challenge of Development and Democracy in Bangladesh

The paper argues that while Bangladesh is reported to have more NGOs per capita than other developing countries, those organisations have gradually abandoned social mobilising and collective action...

by Naila Kabeer | On 14 Dec 2010

Decomposing Spatial Differences in Poverty in India

Over the last decade, India has been one of the fastest growing economies, and has experienced considerable decline in overall income poverty. However, in a vast country like India, poverty levels v...

by Shatakshee Dhongde | On 03 Dec 2010

Composite Indices of Human Well-being: Past, Present, and Future

This paper surveys the various composite well-being indices that have been inter-country assessments over the last 40 or soy ears, including the well known Human Development Index (HDI). A number of...

by Mark McGillivray | On 03 Dec 2010

E-Grantz Revolution

This short commentary is about the introduction of e-grantz, an online scheme of distribution of educational assistance to dalit students in Kerala. At the time of admission to a course, students fil...

by Rajesh Komath | 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

Globalization and Regional Income Inequality: Evidence from within China

China’s recent accession to the WTO is expected to accelerate its integration into the world economy, which aggravates concerns over the impact of globalization on the already rising inter-region in...

by Guanghua Wan | On 16 Nov 2010

The Asian Development Bank Loan for Kerala (India): The Adverse Implications and Search for Alternatives

The privileging of internal resources over external finance is not only the most democratic but also the most politically desirable option. The implications of the ADB loan for Kerala is situated ag...

by K. Ravi Raman | On 09 Nov 2010

Monetary Policy Strategies in the Asia and Pacific Region: What Way Forward?

Monetary policy frameworks in the Asia and Pacific region have performed well in the past decade as judged by inflation outcomes. We argue that this is due to three principal factors: (i) central bank...

by Andrew Filardo | On 08 Nov 2010

The Chiang Mai Initiative Multilateralization: Origin, Development and Outlook

This paper discusses the Chiang Mai Initiative Multilateralization (CMIM); its origin, development and future outlook. It puts forward a number of proposals to make the liquidity support role of the C...

by Chalongphob Sussangkarn | On 02 Nov 2010

Linking Asia’s Trade, Logistics, and Infrastructure

Infrastructure services, from both hard and soft infrastructure, play a vital role in facilitating Asia’s export-led growth by keeping the prices of delivered goods in export markets competitive. Ef...

by Douglas H. Brooks | On 28 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

Consultation Paper on Certain Issues Relating to Telecom Tariffs

This consultation paper brings out various issues that have a bearing on telecom tariff offers. In line with established practice, the Authority seeks the views of all stakeholders by 15th November,...

by Telecom Regulatory Authority of India TRAI | On 20 Oct 2010

Going Beyond Gender as Usual: Why and How Global HIV/AIDS Donors Can Do More for Women and Girls

This brief shows how three of the biggest donors to global HIV/AIDS programs can go beyond their stated commitments to address gender inequality and more effectively combat HIV and AIDS.

by Christina Droggitis | On 20 Oct 2010

Mekong Mainstream Dams: Threatening Southeast Asia's Food Security

The Mekong is under threat. The governments of Cambodia, Laos, and Thailand are considering plans to build eleven big hydropower dams on the Mekong River’s lower mainstream. If built, these dams wou...

by International Rivers Network IRN | On 19 Oct 2010

A Macro Policy for Poverty Eradication through Structural Change

This paper argues that poverty originates in the structural injustices of a social order which incapacitates the poor from participating in the growth generating sectors of the economy and leaves th...

by Rehman Sobhan | On 13 Oct 2010

The Syrian Christians of Kerala: Demographic and Socioeconomic Transition in the Twentieth Century

The twentieth century has witnessed a process of significant transition of the Syrian Christian community in Kerala in terms of its demographic and socio-economic status. In this paper, the transitio...

by K.C. Zachariah | On 05 Oct 2010

Determinants of Firm-level Export Performance: A Case Study of Indian Textile Garments and Apparel Industry

A major reform process in the Indian economic policy regime away from a four- decade-long inward orientation has been under way since July 1991 in response to a serious macro-economic crisis. The n...

by T.A. Bhavani | On 05 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

Dynamics of Chronic Poverty: Variations in Factors Influencing Entry and Exit of the Chronic Poor

India experienced high economic growth in the 1990s. Some earlier studies, which attempted to identify the influence of growth on poverty dynamics in the country by including growth variables among th...

by Nidhi Dhamija | On 04 Oct 2010

Peasants and Formal Credit in Thiruvithamcore: The State Institutions and Social Structure 1914-1940

Considerations of credit mechanism as a suitable mode of appropriation of surplus, compared to rent, explains to a great extent the motivation, behind state intervention in the money market in pea...

by T.T. Sreekumar | 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

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

Econometric Approach to Water Use Estimation in Power Plants

The purpose of this paper is to examine water use estimation in hydel and thermal electric power plants in selected regions i.e. Coastal, Rayalaseema and Telangana regions of Andhra Pradesh. The stud...

by Perini Praveena Sri | On 20 Sep 2010

Determinants of Weekly Yields on Government Securities in India

This paper examines the determinants of the Government yields in India using weekly data from April 2001 through March 2009. The analysis covers Treasury Bills with residual maturity of 15-91 day...

by Pami Dua | On 13 Sep 2010

Technology Acquisition and Growth of Firms Under Changing Policy Regimes : A Study of the Indian Automobile Sector

The objective of this paper is to analyse the determinants of the growth of firms in the Indian automobile industry during the period 1980-81 to 1995-96. It re-examines certain issues that have a...

by K. Narayanan | On 09 Sep 2010

Understanding the ADR premium under market segmentation

Capital controls can induce large and persistent deviations from the Law of One Price for cross-listed stocks in international capital markets. A considerable literature has explored rm-speci c fac...

by Matthieu Stigler | 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

ICTs and Urban Microenterprises: Identifying and Maximizing Opportunities for Economic Development

The research reported here was guided by three questions: (1) What are the current and potential patterns of mobile phone, landline, PC, and Internet café use among urban microentrepreneurs? (2) Are m...

by Vigneswara Ilavarasan | On 06 Sep 2010

Economic Governance of MFIs: Inside the Black Box

This paper investigates a relationship between economic governance and the dual objectives of Microfinance Institutions (MFIs): poverty reduction and financial viability. Using an unbalanced pan...

by Thankom Arun | On 06 Sep 2010

CRISP Framework for Post-Project Evaluation

Development projects do not continue for infinite duration. Funding and implementing agencies withdraw from the program area after a certain point of time. Phasing out of programs is a critical phas...

by Bikram Gupta | On 02 Sep 2010

Examining the Nonlinear Effects in Satisfaction-Loyalty-Behavioral Intentions Model

Extant research has widely investigated linear functional forms in satisfaction and loyalty models. In this study with the use of nonlinear form, the relationship between satisfaction, attitudinal loy...

by Anand Kumar Jaiswal | On 25 Aug 2010

Structural Shift in Demand for Food: Projections for 2020

Knowledge of demand structure and consumer behaviour is essential for a wide range of development policy questions like improvement in nutritional status, food subsidy, sectoral and macroeconomic poli...

by Surabhi Mittal | On 25 Aug 2010

An Eye for an Eye: Impact of Sequelization and Comparison in Advertisements on Consumer’s Perception of Brands

In this paper we demonstrate that the positive effects of comparative advertising are significantly diluted when a compared-to brand retaliates. Retaliation introduces sequencing in advertisements....

by Patrali Chakrabarty | On 24 Aug 2010

Addressing New Service Sectors in WTO/FTAs: Express Delivery and India

The service sector is evolving. New services and new modes of delivering existing services have increased the complexities of services negotiations in the WTO and in FTAs. The WTO negotiations focu...

by Arpita Mukherjee | On 20 Aug 2010

Book Review: Promoting Economic Cooperation in South Asia

Review of 'Promoting Economic Cooperation in South Asia'; S. Ahmed, S. Kalegama and E. Ghani (Editors). Published by Sage Publications, New Delhi, 2010

by Sandhya S . Iyer | On 17 Aug 2010

Addressing Key Issues in the Light of Structural Adjustment Programme (SAP) in Health and Family Welfare Sector in India

The policies including that of ‘World Bank’ and the recent ‘Indian Health Report (WHO) 2000’, now recognise the importance of investing in health & also providing for a ‘safety net’ for the poor and...

by Samir K. Mondal | On 12 Aug 2010

Encouraging Cooperation in Ad-hoc Mobile-Phone Mesh Networks for Rural Connectivity

This paper proposes a rating based scheme for encouraging user participation in adhoc mobile phone mesh networks. These networks are particularly attractive for remote/rural areas in developing coun...

by Kavitha Ranganathan | On 06 Aug 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

Designing Economic Instruments and Participatory Institutions for Environmental Management in India

This paper examines the possibility of using economic instruments, especially pollution taxes and bargaining approaches, as a means to encourage or improve people’s participation in environmental ma...

by M.N. Murty | On 19 Jul 2010

Political Economy of Directed Credit

Imagine you are a bank manager and you have to decide to whom you will lend money. One prospect is an industrial company and the other is a farmer. As someone who wants the largest possible profits,...

by Mark Miller | On 19 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

Point of Purchase Communication: Role of Information Search, Store Benefit and Shopping Involvement

Point of Purchase (PoP) is the place where a customer is about to buy the product. This is the crucial point where the exchange takes place. It offers us a last chance to remind or attract customers...

by Dwarika Prasad Uniyal | On 14 Jul 2010

Licenses to Open a School: It’s All About Money

In Delhi, 14 lakh children are out of school. So why is there a shortfall in the supply of schools? Does the government help to better the situation? Why or Why not? In the light of these mind-boggl...

by Mayank Wadhwa | On 07 Jul 2010

Alcohol Marketing in the Digital Age

This paper talks about alcohol marketing in digital age.

by Jeff Chester | On 30 Jun 2010

The Distributive Impact of Reforms in Credit Enforcement: Evidence from Indian Debt Recovery Tribunals

It is generally presumed that strengthening the legal enforcement of lender rights increases credit access for all borrowers, by expanding the set of incentive compatible loan contracts. This presu...

by Ulf Lilienfeld Toal | On 28 Jun 2010

Kisan Credit Card

Provision of timely and adequate credit has been one of the major challenges for banks in India in dispensation of agricultural and rural credit to the farmers. Constant innovation is required in or...

by Danish Faruqui | On 24 Jun 2010

Matching for Credit: Risk and Diversification in Thai Microcredit Groups

How has the microcredit movement managed to push financial frontiers? In a context in which borrowers vary in unobservable risk, Ghatak (1999, 2000) shows that group-based, joint liability contracts p...

by Christian Ahlin | On 21 Jun 2010

Quality and Coordination of Official Development Aid in Pakistan

Pakistan has historically received large volumes of aid but it has also faced an increasingly difficult task of aid coordination. In 2007, Pakistan received more than U.S.$2.2 billion in Official Deve...

by Abdul Malik | On 18 Jun 2010

Theun-Hinboun: Expanding Failure

The Theun-Hinboun Expansion Project – a dam and diversion project under construction in Central Laos – violates the Equator Principles and Lao law, according to this report. It documents how Lao villa...

by Ikuko Matsumoto | On 17 Jun 2010

Understanding Vietnam: A Look Beyond Facts and Figures

Vietnam's (re) discovery in recent years by the international investor community gives the country a second chance to become and Asia tiger. The article looks into the economic, social, political, per...

by Tamara Trinh | On 16 Jun 2010

Impact Assessment of CFPR/TUP: A Descriptive Analysis Based on 2002-2005 Panel Data

This paper looks at the overall performance of the CFPR/TUP programme using the 2002 baseline survey and 2005 repeat survey. All the topics covered in this study could be analysed more deeply, but tha...

by Mehnaz Rabbani | On 15 Jun 2010

Capital Adequacy Regime in India: An Overview

In this paper an analytical review of the capital adequacy regime and the present state of capital to risk-weighted asset ratio (CRAR) of the banking sector in India has been presented. In the curre...

by Mandira Sarma | On 14 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

Reproductive Health Practices And Health Seeking Behaviour Of Female Sex Workers in Tamil Nadu

This paper is about the research study of health practices and health-seeking behaviour of the Female Sex Workers for their reproductive health needs in terms of pregnancy and postpartum care, contra...

by Rachna Williams | On 04 Jun 2010

Diversity and Endangerment of Languages in Nepal

The purpose of this paper is to disseminate among a wider public insights gained from the UNESCO Language Survey Report (2002) for Nepal. The emphasis is put on the linguistic diversity of Nepal o...

by Sueyoshi Toba | On 03 Jun 2010

Debt Policy and Economic Growth in a Small Open Economy Model with Productive Government Spending

In this paper, the effects of introducing constraints on government borrowing have been examined by using a continuous-time overlapping generations model of a small open economy. Government placing co...

by Koichi Futagami | On 27 May 2010

Do Reservation Policies Affect Productivity In The Indian Railways?

The objective in this paper is to shed some empirical light on a claim often made by critics of affirmative action policies: that increasing the representation of members of marginalized communities i...

by Ashwini Deshpande | On 26 May 2010

The EU-India FTA in Services and Possible Gender Impact in India: Concern Areas

This paper studies the impact of services trade liberalization under the currently negotiated EU-India FTA on women’s lives in India and tries to delineate the concern areas. Relevant sectors of int...

by Ranja Sengupta | On 25 May 2010

OTC Derivatives Market in India: Recent Regulatory Initiatives and Open Issues for Market Stability and Development

The paper seeks to prove the point that the Indian OTC derivatives markets, unlike many other jurisdictions, are well regulated. Only contracts where one party to the contract is an RBI regulated e...

by Dayanand Arora | On 03 May 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

'Bed and Board' in Lieu of Salary: Women and Girl Children Domestics in Post Partition Calcutta (1951-1981)

The present study attempts to see how a particular labour market, that is, domestic service, a traditionally male domain, became segregated both by gender and age in post partition West Bengal (WB) a...

by Deepita Chakravarty | On 25 Mar 2010

Socio-Economic Impact of Mobile Phones on Indian Agriculture

This paper investigates a series of questions that explore this topic: What kind of information do farmers value the most to improve agricultural productivity? Do mobile phones and mobile-enabled ag...

by Surabhi Mittal | On 03 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

The World Bank: Toward a Global Club

In the light of this simple idea of the bank as a global credit club, what are the issues that arise with respect to its current governance structure? How might various proposals for reform strength...

by Nancy Birdsall | On 11 Feb 2010

Post-Independence Educational Development among Women in India

This paper aims to examine the policy debates on women's education and highlight some of the basic issues affecting the progress of women's education since the introduction of planned development in...

by Balaji Pandey | On 08 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

The Path to Purchase During Shopping

The proposed study aims to identify and analyse the path to purchase for shoppers. This study will attempt to understand the impact of the major factors on the purchase behaviour of shoppers by exami...

by Dwarika Prasad Uniyal | On 02 Feb 2010

Exchange Market Pressure and Monetary Policy

The objective of this study is to examine empirically the impact of monetary policy on exchange market pressure (EMP) in Bangladesh. EMP is measured as the sum of percentage change of international re...

by Sayera Younus | On 29 Jan 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

Social Business: A Step Toward Creating a New Economic and Social Order

The concept of social business flows from a firm conviction that profit or benefit is not the only motivating factor for an entrepreneur and an entrepreneur can also be motivated by social goals and e...

by Mohammad Yunus | On 27 Jan 2010

Microfinance and the Millennium Development Goals in Pakistan: Impact Assessment Using Propensity Score Matching

Using data from a survey of clients of a microfinance bank, Khushhali Bank, in 2005, the study revisited the survey data and found that despite the Bank’s strict poverty-targeting program used in cl...

by Sununtar Setboonsarng | On 25 Jan 2010

The Dynamic Relationship between Price and Trading Volume: Evidence from Indian Stock Market

This study investigates the nature of relationship between price and trading volume for 50 Indian stocks. Firstly the contemporaneous and asymmetric relation between price and volume are examined. T...

by Brajesh Kumar | On 25 Jan 2010

Measures of Inflation in India: Issues and Perspectives

A review of the various primary measures of inflation with a particular reference to the divergence between WPI and CPI. Focus is also given on different secondary (derived) measures of inflation, par...

by Deepak Mohanty | On 21 Jan 2010

Market-Based Approaches to Environmental Management: A Review of Lessons from Payment for Environmental Services in Asia

Market-based approaches to environmental management, such as payment for environmental services (PES), have attracted unprecedented attention during the past decade. PES policies, in particular, hav...

by Bhim Adhikari | On 20 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

Mobile Commerce, Mobile Banking - The Emerging Paradigm

What is m-banking, Basic characteristics of m-commerce/e-commerce, Evolution of electronic financial services (e-banking/e-commerce/m-banking/m-commerce), Role of non-banks in Indian Payment Scenario....

by Chakrabarty K C | On 14 Dec 2009

Public Private Partnership in Uttar Pradesh Health Care Delivery System- UPHSDP as an Initiative

The objective of the study is to find out the primary reason to encourage public private participation in health care delivery system in Uttar Pradesh and the study also aim to analyse UPHSDP -a Wor...

by Bibi Ishrat Jahan | On 07 Dec 2009

GenNext Banking: Issues and Perspectives

The speech covers the macro setting for GenNext banking by way of discussing the demographic composition of India’s population and the nexus between low dependency ratio and saving. It also provides...

by Chakrabarty K C | On 30 Nov 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

Low Income Shelter Financing in Slum Upgrading: India Urban Initiatives

This report summarises findings from the USAID-sponsored project on models of financing for slum upgrading in India, undertaken on behalf of SPARC,a Mumbai-based NGO involved in slum upgrading and th...

by Sally Merrill | On 19 Nov 2009

Effects of Court Errors on Efficiency of Liability Rules: When Individuals are Imperfectly Informed

The aim of this paper is to study the effects of court errors in estimating the harm, on the parties' behaviour regarding the levels of care they take, and their decision to buy the information about...

by Ram Singh | On 17 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

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

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

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

The Pilot Maternal, Neonatal and Child Health Project (MNCH) at Nilphamari: Profiling the Changes During 2006-07

BRAC health programme (BHP) initiated a pilot maternal, neonatal and child health project (MNCH) in Nilphamari in 2006 to improve the health status of women of reproductive age including neonates an...

by Shahnawaz Mohammad Rafi | On 15 Oct 2009

Door-to-Door Garbage Collection Program in Surat city

This paper focuses on the evaluation study of door-to-door Garbage Collection (DDGC) program carried out by the Centre for Social Studies, Surat in 2005. The study was based on the information gath...

by Vimal Trivedi | On 06 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

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

Food Security in South Asia: Issues and Opportunities

The study aims to identify issues relating to food security, the policy initiatives taken to tackle these issues, evaluate these policies and suggest measures to overcome identified constraints in ord...

by Surabhi Mittal | On 11 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

Do Remittances Impact the Economy? Some Empirical Evidences from A Developing Economy

The study attempts to examine the impact of remittances on macroeconomic activities (private consumption and investment) and its implications on economic growth in India for the period from 1966-67 to...

by Hrushikesh Mallick | On 01 Sep 2009

Crossed and Crucified Parivar's War Aganist Minorities in Orissa

The report attempts to contextualize the exploitation of those who are aafected by the one of the worst communal riots in history and document how dominant interests have used this situation of chron...

by People's Union of Civil Liberties PUCL | On 31 Aug 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

Developing The Indian Debt Capital Markets: Small Investor Perspectives

This paper argues that with the recent economic reforms, an efficient and active debt market, particularly in long-term private debt instruments, is essential for the country to realize the full bene...

by Pronab Sen | On 13 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

Commodities, Comforts, and Chaos

There is an incessant flow of technical innovations for newer and newer consumer goods and gadgets in our contemporary times. Even though technology has benefitted modern civilization through major sc...

by Arup Maharatna | On 10 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

A Model of Market Clearing Exchange Rates

This paper formulates a model of exchange rate determination that describes the market processes by which the foreign exchange markets are cleared and international receipts of countries are brought...

by Rajas Parchure | On 06 Aug 2009

Peasant Classes, Farm Incomes and Rural Indebtedness: An Analysis of Household Production Data from Two States

The paper attempts to appraise the extent of the constraint of credit relations on agricultural production and its differential impact across peasant classes. Additionally, the analysis of the structu...

by Arindam Banerjee | On 04 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

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

Self-help Co-operatives, Deposit Mobilisation and Supply of Credit

The paper is aimed at exploring as to how such co-operatives (i) function and deal with members while delivering micro finance; (ii) mobilise funds, and (iii) get shaped and reshape the contents of me...

by Gagan Bihari Sahu | On 09 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

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

Reserve Bank of India Statistics Day- Governor's Inaugural Address

The third Annual Statistics Day Conference of the Reserve Bank. It has now become a tradition for to mark the Statistics Day as a tribute to late Professor P.C. Mahalanobis and his colossal contributi...

by D Subbarao | On 02 Jul 2009

Relative Effectiveness of Monetary and Fiscal Policies on Output Growth in Bangladesh: A VAR Approach

This paper investigates the relative importance of monetary and fiscal policies in altering real output of Bangladesh. An unrestricted vector auto regression (VAR) framework based on the St. Louis equ...

by Md. Habibur Rahman | On 27 Jun 2009

Rise of the ‘Posthumanities’: Exit, the Human…Pursued by a Cyborg

The Humanities in the 21st century has to contend with both critique and context. It has to account as an anthropocentric, imperial discipline that not only privileged the human over other forms of...

by Pramod K. Nayar | On 25 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

Goods and Services Tax for India

The paper contours of a feasible design of VAT in India. It also takes on board the various alternatives proposed. It looks at the issues that need resolution and the options available for resolving t...

by R.Kavita Rao | On 12 Jun 2009

Role of Science & Technology, Higher Education and Research in Regional Socio-Economic Development

This paper is an attempt to focus on the role of Science and Technology (S&T) on regional development of India by considering 21 Indian states. The Index approach using the Principal Component techniq...

by Rajesh Shukla | On 12 Jun 2009

Does the Currency Regime Shape Unhedged Currency Exposure?

This paper examines how unhedged currency exposure of firms varies with changes in currency exibility. A sequence of four time-periods with alternating high and low currency volatility in India prov...

by Ila Patnaik | On 11 Jun 2009

A Distributional Analysis of Social Group Inequality in Rural India

This paper examines the differences in welfare, as measured by per capita expenditure (PCE), between social groups in rural India across the entire welfare distribution. The paper establishes that the...

by Mehtabul Azam | On 11 Jun 2009

Educating Women and Non-Brahmins as 'Loss of Nationality' : Bal Gangadhar Tilak and the Nationalist Agenda in Maharashtra

This paper deals with the nationalist discourse in Maharashtra spanning over forty years. This discourse argued that educating women and non-Brahmins would amount to a loss of nationality. The nationa...

by Parimala V Rao | On 11 Jun 2009

A New Debt Crisis? Assessing the Impact of the Financial Crisis on Developing Countries

This report is intended as a wake-up call to anyone who thinks the developing world debt crisis has been resolved. In fact, it assesses fears of a new debt crisis, more serious than before, spreading...

by Sarah Edwards | On 11 Jun 2009

Why Do Mothers Breastfeed Girls Less Than Boys? Evidence and Implications for Child Health in India

Medical research indicates that breastfeeding suppresses post-natal fertility. The implications for breastfeeding decisions are modelled and test has been done to predict model's predictions us- ing...

by Seema Jayachandran | On 09 Jun 2009

Initiatives of NGOs in Kutch Region

Many NGOs occupy a space between public and private sector organisations, and the papers in this special issue demonstrate that the mechanisms required for effective accountability by these NGOs are u...

by Kalpana C Satija | On 06 Jun 2009

An inquiry into the regulation of pharmaceuticals and medical practice in Sri Lanka

The study brings out several organizational, social, cultural and political constraints, which hinder effective implementation of regulations. Lack of human resources and skills, poor allocations, del...

by Nimal Attanayake | On 04 Jun 2009

The Relationship Between Socio-Economic Status and Malaria: A Review of the Literature

Malaria is frequently referred to as a disease of the poor or a disease of poverty. A better understanding of the linkages between malaria and poverty is needed to guide the design of coherent and eff...

by Eve Worrall | On 03 Jun 2009

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 03 Jun 2009

China- India Economic Engagement Building Mutual Confidence

China and India, Asia's two largest and most dynamic societies, have come to be important players in regional and global decision-making. Both countries have had their share of experience in colonial...

by Swaran Singh | On 03 Jun 2009

Women’s Work in the Post Reform Period: An Exploration of Macro Data

An important aspect that is often highlighted in the context of economic reforms, is the translation of labour market changes into defining or redefining gender relations and empowerment of women. In...

by Neetha N | On 03 Jun 2009

An Evaluation Study of NSS in India 2008-09

This paper is an evaluation study of NSS in India wherein a study is conducted to learn Volunteer strength in Andhra Pradesh from 1969-1994; Year wise Targets and Achievements of Chandigarh Regional C...

by Tata Institue of Social Sciences TISS | On 31 May 2009

Contribution of the Unorganised sector to GDP Report of the Sub Committee of a NCEUS Task Force

The task of the Sub-committee was to review the existing methodologies for estimating the contribution of unorganised/informal sector to GDP and suggest measures to facilitate direct estimation. The G...

by NCEUS NCEUS | On 28 May 2009

Effect of Mobiles on Socio-economic Life of Urban Poor

Using a survey of 1774 users and non-users in 84 slums in three metropolitan cities (Delhi, Ahmedabad and Kolkata), we try to understand the impact of mobiles on their social and economic lives. Urban...

by Ankur Sarin | On 27 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

Aids In India

This paper revolves around the Public health related aspects of industrial and intellectual property rights policies in a developing country with respect to Aids in India. It also focusses on its prev...

by Samira Guennif | On 22 May 2009

Summary of the Welcome Remarks by Dr.Bimal Jalan, Governor, at the 11th C.D. Deshmukh Memorial Lecture

Dr. Bimal Jalan, Governor gave a welcome remark to Prof. Charles Goodhart on his 11th C. D. Deshmukh Memorial Lecture on 'Whither Central Banking ?' This paper revolves around Dr. Jalan's summary and...

by Dr Bimal Jalan | On 21 May 2009

Straddling Faultlines : India's Foreign Policy Toward The Great Middle East

India’s foreign policy has had an anomalous quality since the time Jawaharlal Nehru resolutely attempted to steer clear of Cold War alliances. This continues to be so given India’s unique situation of...

by Sushil J Aaron | On 21 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 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

Gender and Innovation in South Asia

To understand how gender, women’s rights and citizenship intersect with innovation in SouthAsia, one must begin by considering some of the main features of life for South Asian women, about a half of...

by Sujata Byravan | On 06 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

Reserve Bank of India Platinum Jubilee Celebrations - Governor’s Address to Staff

The main question that the Governor is asking to the RBI staff is "how can I do my job better so that I can make a positive difference to the country?"

by Duvvuri Subbarao | On 08 Apr 2009

Karnataka Budget 2009-10

Budget speech by finance minister of Karnataka

by Government of Karnataka GoK | On 24 Feb 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

Micro, Small and Medium Enterprises in India: Unfair Trade

This paper attempts a critical review of the performance and policy concerning the micro, small and medium enterprises (MSMEs) in globalizing India since the early 1990s whence economic reforms were...

by Keshab Das | On 02 Jan 2009

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

Suggesting Effective Policy Frames for Chronic Poverty Alleviation in India

This is a continuation of an earlier paper (2005) by the author which dealt with policy implications based on the work done by CPRC in India. There is no map of chronic poverty in India, but have an a...

by N C B Nath | On 16 Dec 2008

Heterogeneity, Commons and Privatization: Agrarian Institutional Change in Goa

A case study in Goa is used to examine whether tenure security and asset re-distribution can lead to environmentally sustainable outcomes.

by Pranab Mukhopadhyay | On 28 Nov 2008

Utilizing Information Technology Tools to Provide Affordable Access to Evidence -based Resources in the Developing World

This paper will is a review of the development of the virtual health sciences libraries. Virtual/digital libraries provide full text access to selected journals and books. Since, the needs of research...

by Ashish Atreja | On 27 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

India’s Macroeconomic Performance and Policies Since 2000

The paper reviews India’s macroeconomic performance and policies since 2000. The first section briefly summarizes key macroeconomic developments regarding economic growth, inflation, external balance...

by Shankar Acharya | On 29 Oct 2008

Hobbes, Coase and Baliraja: Equity and Equality in Surface Water Distribution

It is attempted to understand the implications of equality in water distribution on social welfare with a simple abstract analysis using Leontief-type fixed production function.

by Sashi Sivramakrishna | On 16 Oct 2008

Heterodox Macroeconomics and the Design of Monetary Institutions

Two agendas of the heterodox economics programme; the stock-flow consistent models pioneered by Wynne Godley, and the monetary circuit approach researched in France and Italy are discussed. The object...

by Romar Correa | On 10 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

Issues Before the Thirteenth Finance Commission

The paper argues that irrespective of the wording of the Terms of Reference (ToR), the Commission would do well to focus on its primary task of recommending transfers to serve the objective of equit...

by M.Govinda Rao | On 06 Oct 2008

Consultation Paper on Media Ownership

The objective of the paperis to obtain the inputs of stakeholders and to generate a discussion on the appropriate policy relating to cross media and ownership restrictions in India. The comments of al...

by Telecom Regulatory Authority of India TRAI | On 03 Oct 2008

On the Economics of Higher Education in India, With Special Reference to Women

The paper investigates the role of economic factors in the enrolment decision at the higher education level in India. The study concludes that the rate of participation of women is in a disadvantage...

by Sugeeta Upadhyay | On 29 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

Findings oF the Jury Independent People's Tribunal on the World Bank in India

It was considered important to undertake a broad-spectrum enquiry into the World Bank and the functioning of its allies and to review their impacts nationally. This is the origin of the Independent Pe...

by Independent People's Tribunal | On 24 Sep 2008

Pakistan Budget in Brief 2008

Budget in Brief is designed to summarize the detailed information into an overview comprising essential information about expenditure and receipt and the resulting budget balance.

by Ministry of Finance, Government of Pakistan, | On 22 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

Can Insurance Reduce Catastrophic Out-of-Pocket Health Expenditure

It is argued that for households below poverty line any expenditure on health is catastrophic as they are unable to attain the subsistence level of consumption. Thus, zero percent is taken as a thres...

by Rama Joglekar | On 15 Sep 2008

WCD Thematic Review 1.3:Social Aspects: Contributing Paper: Displacement, Resettlement, Rehabilitation, Reparation and Development

This paper seeks primarily to establish some benchmarks for policy and law for displacement and rehabilitation in India. It will do this by looking briefly at the actual experience of displacement due...

by Ravi Hemadri | On 14 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

The Indian Banking Industry – A Retrospect of Select Aspects

A broad overview of the achievements and progress made by the Indian banking sector in the last two decades and the emerging frontiers of the Indian banking system, in the post-reform era. [Address d...

by Leeladhar V | On 11 Aug 2008

Impact of Proposed Commodity Transaction Tax

The relationship between trading activity, volatility and transaction cost using a three-equation structural model for five top selected commodities namely Gold, Copper, Petroleum Crude, Soya Oil and...

by Pravakar Sahoo | On 07 Aug 2008

Banking Sector Reforms and Equity a Sub-Regional Analysis in Andhra Pradesh

In this study an attempt is made to examine the equity aspect due to reforms in the banking sector at sub-regional level in the state of Andhra Pradesh covering the period 1985 to 2004. [CESS WP 68]...

by K S Reddy | On 04 Aug 2008

Macroeconomic and Monetary Developments First Quarter Review 2008-09

The Reserve Bank released the document “Macroeconomic and Monetary Developments: First Quarter Review 2008-09” to serve as a backdrop to the First Quarter Review of Annual Policy Statement for 2008-0...

by Reserve Bank of India | On 28 Jul 2008

Interest Rate Modeling and Forecasting in India

The interest rate is a key financial variable that affects decision of consumers, businesses, financial institutions, professional investors and policymakers. Timely forecast of interest rates can the...

by Pami Dua | On 13 Jun 2008

Poverty targeting in public programs: A Comparison of Some Nonparametric Tests and their Application to Indian Microfinance

Many popular social programmes have limited coverage among households at the very bottom of the income and wealth distribution. If a programme reaches the poor, but neglects the destitute, the (pre-...

by Isha Dewan | On 12 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

Improving the Economic Condition of Farmers

The Official Group would like to recommend a set of policy initiatives for the consideration of the Government of Karnataka. The recommendations of the Official Group are grouped under the following h...

by Government of Karnataka GoK | On 04 May 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

PAE Review (Real-World Economics Review), No 45, March 15, 2008

Risk, inequality and the economics of disaster Marcellus Andrews .................................................................................. 2 A XXI-century alternative to XX-century peer r...

by Post Autistic Economic Review PAE Review | On 24 Mar 2008

REal-world Economic Review: Issue no. 45, March 15, 2008

Contents Page Risk, inequality and the economics of disaster Marcellus Andrews A XXI-century alternative to XX-century peer review Grazia Ietto-Gillies Trade and inequality: The role of econ...

by Post Autistic Economic Review PAE Review | On 17 Mar 2008

Inclusive Growth - The Role of Banks in Emerging Economies

Speech describes India’s experiences on ‘Inclusive Growth’ - a topic which is both current and close to the hearts of public policymakers and central bankers of emerging economies. [Independence Comme...

by Usha Thorat | On 14 Mar 2008

Introducing the Railway Budget 2008-2009

Speech of Lalu Prasad

by Lalu Prasad | On 27 Feb 2008

Current Issues in Agriculture Credit in India: An Assessment

This paper attempts to analyse the issues in agricultural credit in India. The analysis reveals that the credit delivery to the agriculture sector continues to be inadequate. It appears that the banki...

by Ramesh Golait | On 22 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

Speech of the Finance Minister at the Annual Economic Editors’ Conference

Shows how the macro economic variables of Indian Economy are performing.

by P Chidambaram | On 11 Feb 2008

Health and Millennium Development Goal 1: Reducing Out-of-pocket Expenditures to Reduce Income Poverty - Evidence from India

The first of the eight Millennium Development Goals is to halve extreme poverty and hunger by 2015. In India, thirty two and a half million people fall below the national poverty line by making out-of...

by Charu C. Garg | On 07 Feb 2008

The Rehabilitation and Resettlement Bill, 2007

A bill to provide for the rehabilitation and resettlement of persons affected by the acquisition of land for projects of public purpose or involuntary displacement due to any other reason, and for mat...

by Lok Sabha | On 07 Feb 2008

Macro-economic Management of the Indian Economy: Capital Flows, Interest Rates and Inflation

The paper lays out a consistent frame work for monetary management in the context of excess capital inflows. There is an urgent need for developing competitive, open and well regulated markets for (...

by Arvind Virmani | On 24 Jan 2008

Who Can Rule?

As the title of the article says, the question asked here is who can fight terrorisn in Pakistan?

by T.N. Ninan | On 21 Jan 2008

Pulling the Strings of China’s Internet

Three years ago Yahoo!, Intel, Nokia and Ericsson, formed the Beijing Association of Online Media (BAOM) ostensibly to ensure a check on media content especially pertaining to pornography, etc. Today...

by David Bandurski | On 10 Jan 2008

Does Energy Consumption Fuel Economic Growth In India?

Whether energy use drives economic growth or vice versa in the Indian context during the period 1970-71 to 2004-05 is examined. Utilizing the Granger causality test, the study suggests that it is the...

by Hrushikesh Mallick | On 17 Dec 2007

Bancassurance : A Feasible Strategy for Banks in India ?

The scope for bancassurance models as feasible source of sustainable income to banking sector is explored by exploiting the synergy in the context of India having the largest banking network on the on...

by Karunagaran A | On 27 Nov 2007

Fasten Your Seatbelts! Monetary Policy Challenges in Turbulent Times

One of the burning issues at the moment relates to increasing the “voice” or representation of emerging-market economies in international financial institutions such as the IMF and World Bank. There a...

by Mboweni T.T. | On 13 Nov 2007

Traditional Chinese Medicine Could Make “Health for One” True

The present paper analyzes the possibilities of Traditional Chinese Medicine to become a perfect medicine.

by Qian Jia | On 12 Nov 2007

Monetary Conditions Index for India

The authors attempt to construct a monetary conditions index (MCI) for India in order to take both interest rate and exchange rate channels simultaneously into consideration while evaluating the stanc...

by Kannan R | On 08 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

‘A People United In Development’: Developmentalism In Modern Malayalee Identity

The attempt is to draw upon public sphere debates in Malayalee society in the immediate post-independence decades, more specifically on speech and writing accruing around the distinctiveness of Malaya...

by J Devika | On 23 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

Report on National Mineral Policy

Even after five years of after the liberalisation of the investment regime India has failed to attract FDI to come to the mining sector. In the last decade, many developing countries have significantl...

by Planning Commission, India | On 18 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

A Hostage in Office

What is the position of the Prime Minister among his Cabinet colleagues after signing the nuclear deal with the US?

by T.N. Ninan | On 15 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

Elements of Effective Central Banking: Theory, Practice, and History

The key elements of effective central banking that account for much of the improvement in monetary policy around the world today are outlined and explained. The past quarter of the century has been a...

by Marvin Goodfriend | On 09 Oct 2007

Inter-firm differences in FII portfolio investment in India

This paper has the objective of analysing the determinants of FII investment in firms in high-tech corporate sectors like automobiles, drugs and pharmaceuticals, IT software and IT hardware for the pe...

by B.L. Pandit | On 08 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

The Indian Economic Journal, January 2007

CHIUNG-JU HUANG : Wagner's Law : Empirical Evidence for China and Taiwan CHIAO-YI CHANG, CHING-FU CHEN AND I-YUAN CHUANG : Does Asian Financial Crisis Change Price Co-Movements in East Asia. G. RAM...

by Department of Economics DoE, Allahabad University | On 01 Oct 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

India’s Preparedness for Basel II Implementation

Evolution of the revised framework, its broad structure, preparatory measures taken by the RBI for implementing this framework and the challenges that will need to be tackled in migration to Basel II...

by Leeladhar V | On 14 Sep 2007

Educational Policy and the Economics of the Family

The implications of alternative ways to model decisionmaking by families for educational policy are analysed. Many of the policy implications associated with credit constraints cannot be distinguished...

by Abhijit Banerjee | On 11 Sep 2007

RBI Annual Report for 2006-07

Annual report of RBI for the year 2006-07

by Reserve Bank of India | On 31 Aug 2007

Get a Life!

The life of an investment banker in New York who is dealing in the collateralised debt obligation (CDO) market.

by T.N. Ninan | On 28 Aug 2007

Pesticide Use in the Rice Bowl of Kerala: Health Costs and Policy Options

The pesticide use in Kuttanad, India, an ecologically sensitive area often referred to as the rice bowl of Kerala is examined. Using primary data collected from pesticide applicators and farm labor, t...

by Indira Devi P | On 17 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

Working Draft for Revised Medical Curriculum: Paraclinical: Forensic Medicine

At the end of the course in Forensic Medicine, the learner shall be able to: 1. Identify, examine and prepare report or certificate in medico-legal cases/situations in accordance with the law of lan...

by Ministry of Health and Family Welfare H & FW | On 08 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

First Quarter Review of Monetary Policy: Underlying Macroeconomics

An overview of domestic and global macroeconomic developments [Valedictory address at the High Powered Macroeconomic Workshop organised by the State Bank of India].

by Rakesh Mohan | On 08 Aug 2007

Essays: Monetary Policy: Satisfy China’s Demand for Money

A talk with Nobel economics laureate Robert Mundell on how Beijing can keep the yuan’s value fixed and still avoid inflation. China’s high balance of payments surplus and pressure on the yuan could be...

by Hugo Restall | On 04 Aug 2007

First Quarter Review of the Annual Policy Statement on Monetary Policy for the Year 2007-08

*Bank Rate kept unchanged *Cash Reserve Ratio to be increased by 50 basis points to 7.0 per cent with effect from the fortnight beginning August 4, 2007 *GDP growth projection for 2007-08...

by Y V Reddy | 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

Janani Suvidha Yojna Promoting Institutional Deliveries in the Urban Slums Initially in Eight Districts of Haryana

The institutional delivery rate of Haryana is only 23 which is even lower than the all India figures (33). In order to reduce MMR and IMR, Govt. of Haryana has already initiated some programs. The imp...

by Haryana Health Ministry | On 20 Jul 2007

Glimpses of Indian Economy and its Financial Sector

A brief introduction to Reserve Bank of India, followed by glimpses of the Indian economy. A detailed account of reforms in India’s financial sector, in particular, the banking sector, and financial m...

by Y V Reddy | 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

Medico Friend Circle Bulletin, 320-321, DEcember 2006-March 2007

Public Health Education in India -Ritu Priya 1 Public Health Education in India - Some Reflections -Ravi and Thelma Narayan 4 A Few Additional Issues for Discussion at the MFC Meet -Anant Phadke 19 ...

by Medico Friend Circle | On 04 Jul 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

Labour Quality in Indian Manufacturing A State Level Analysis

The paper provides the educational composition of the manufacturing workers in the eighteen selected states of India during the last four NSSO rounds on Employment and Unemployment in India covering...

by Suresh Chand Aggarwal | On 13 Jun 2007

Productivity of Rural Credit: A Review of Issues and Some Recent Literature

It is argued that Indian agriculture is undergoing fundamental change wherein the technology and inputs are moving out of the hands of the farmers to external suppliers. This, over a period of time ma...

by M S Sriram | On 13 Jun 2007

Productivity and Efficiency at Public and Private Sector Banks in India

A comparison between PSBs and their private sector counterparts based on measures of efficiency and productivity that use quantities of outputs and inputs. Efficiency measures a firm’s performance rel...

by TT Ram Mohan | On 04 Jun 2007

In Conversation with Mohammed Yunus

In Mumbai to open an office of the Grameen Foundation, Professor Yunus spoke on the growing role of microfinance in the global economy, the challenges the sector faces in moving from the informal t...

by Kala Rao | On 14 May 2007

IBSAC (INDIA, BRAZIL, SOUTH AFRICA, CHINA): A Potential Developing Country Coalition in WTO Negotiations

This paper argues that IBSA( India, Brazil, South Africa) as opposed to IBSAC (with China) is a far more coherent group when it comes to WTO negotiations as its interests coincide given the agenda tha...

by Debashis Chakraborty | On 25 Apr 2007

India's Informal Trade With SriLanka

The study is based on an extensive survey carried out in the Indian cities of Chennai, Trichy, Thiruvananthapuram, Tuticorin, Mumbai and Rameshwaram. Informal trade between India and Sri Lanka is larg...

by Nisha Taneja | On 19 Apr 2007

Implications of the Growing Role of Services in Asia

This article analyses the importance of international commercial service transactions relating to both trade and investment, which form an essential element of analyzing production fragmentation and e...

by Mukul Asher | On 17 Apr 2007

Post-Autistic Economics Review : No. 41, March 2007

- What would post-autistic trade policy be? Alan Goodacre (UK) On the need for a heterodox health economics : Robert McMaster (University of Aberdeen, UK) - True cost environment...

by PAER Post Autistic Economic Review | On 17 Apr 2007

Primary Education in India Prospects of Meeting the MDG Target

By using two large repeated cross-sections, one for the early 1990s, and one for the late 1990s, the growth in school enrolment is described and completion rates for boys and girls in India, and to ex...

by Sonia Bhalotra | On 22 Mar 2007

Agricultural Development and Sources of Output Growth in Maharashtra State

An attempt has been made to analyse agricultural growth and the contribution of various components to the overall output growth of the Maharashtra State for the period from 1961-62 to 1997-98. It is o...

by Shrikant Kalamkar | On 02 Mar 2007

Transaction Costs and Institutional Innovation: Sustainability of Tank Aquaculture in Sri Lanka

Freshwater community-based aquaculture was introduce to village irrigation tanks in the dry zones of Sri Lanka in order to off-set the limited supply of animal protein available to residents in inla...

by Athula Senaratne | On 17 Feb 2007

Paying Out-of-Pocket for Health Care in Asia: Catastrophic and Poverty Impact

Out-of-pocket (OOP) payments are the principal means of financing health care throughout much of Asia. The paper describe the magnitude and distribution of OOP payments for health care in 14 countrie...

by Eddy van Doorslaer | On 06 Feb 2007

Banking Sector Developments in India, 1980-2005: What the Annual Accounts Speak?

Banking sector in India is currently passing through an exciting and challenging phase. The reform measures have brought about sweeping changes in this vital sector of the country's economy. This pa...

by Ramasastri A.S. | On 10 Jan 2007

The Performance of Regional Rural Banks (RRBs) in India:Has Past Anything to Suggest for Future?

Since their inception, regional rural banks (RRBs) have taken deep roots and have become a sort of inseparable part of the rural credit structure in India. The financial viability of the RRBs has, h...

by Biswa Swarup Misra | On 10 Jan 2007

Identifying Asset Price Bubbles in the Housing Market in India - Preliminary Evidence

Devoted to the analysis of housing market in India, the paper employs a special decomposition scheme for the structural VAR proposed by Blanchard and Quah to study the impact of permanent shocks to...

by Himanshu Joshi | On 10 Jan 2007

Impact of Reservations of Panchayat Pradhans on Targeting in West Bengal

The effect of randomized reservations of Pradhan (chief executive) positions in West Bengal local governments (panchayats) for women and members of Scheduled Caste/Scheduled Tribes (SC/ST) following t...

by Pranab Bardhan | On 27 Dec 2006

Interlinked Agrarian Credit Markets in a Developing Economy: A Case Study of Indian Punjab

This paper attempts to analyse the various aspects of informal rural credit market of which interlinked contracts occupy the central place. In particular, the nature and extent of interlinked credit...

by Anita Gill | On 22 Dec 2006

The Dragon vs. The Elephant: Comparative Analysis of Innovation Capability in the Telecommunications Equipment Industry in China and India

China and India have one of the largest telecommunications equipment markets in the world. The paper employs a sectoral system of innovation framework towards understanding the differential outcomes i...

by Sunil Mani | On 19 Dec 2006

Keeping Pace with Globalisation Innovation Capability in Korea's Telecommunications Equipment Industry

Korea is one of the four from the developing world to have built up substantial innovation capability in the design and manufacture of state-of-the-art telecommunications equipments. The paper undert...

by Sunil Mani | On 19 Dec 2006

Revisiting Primary Health Care in the 21st Century

Although ‘Primary Health Care’, as outlined in the famous Alma Ata Declaration has been a central concept and strategy in the field of health care in the late 20th century, it has not found mention in...

by Anant Phadke | On 11 Dec 2006

State Level Reform and Role of Research

The role of the Reserve Bank of India (RBI) in the current stage of reform is crucial. The need for research and information collection not just at the national level but at the state-level has never...

by Vidya Pitre | On 05 Dec 2006

Commercial Aspects of SHG Banking in India

Nabard’s Linking Banks and Self-Help Groups: with an outreach to 500,000 SHGs and a population of 40m rural poor, it is the largest non-directed microsavings & microcredit programme in the developing...

by Hans Dieter Seibel | On 21 Nov 2006

Gender Equality as Smart Economics: A World Bank Group Gender Action Plan (Fiscal Years 2007-10)

An action plan to emplement World Bank's strategies.

by World Bank | On 08 Nov 2006

Midterm Review of Annual Policy Statement for the year 2006-07

* Repo Rate increased to 7.25 per cent from 7.0 per cent. * The flexibility to conduct overnight repo or longer term repo including the right to accept or reject tender(s) under the LAF, wholl...

by Reserve Bank of India | On 31 Oct 2006

Monetary Regionalism in Asia Revisited

Given the divergence in economic and institutional structures in the region, any attempt to create a common currency absent macroeconomic policy coordination and mechanism for automatic intra-regional...

by Ramkishen S. Rajan | On 30 Oct 2006

Studies on Self-Help Groups of the Rural Poor

In pursuance of a recommendation made by the Asian and Pacific Regional Agricultural Credit Association (APRACA), the National Bank for Agriculture and Rural Development, in collaboration with some...

by | On 23 Oct 2006

Linking Banks and (Financial) Self Help Groups in India: An Assessment

A review of the progress and impact of the overall strategy for scaling up the SHG Bank Linkage Programme over the last decade. [Paper presented at the Seminar on SHG-bank Linkage Programme at New Del...

by Erhard. W. Kropp | On 23 Oct 2006

PAER Issue No. 39, October 2006

* The Future of Economic Policy Making by Left-of-Center Governments in Latin America by Juan Carlos Moreno-Brid and Igor Paunovic (United Nations, Mexico) * Latin America: The End of an Era b...

by Post-Autistic Economics Movement | On 02 Oct 2006

Forms of Resistance: Postcoloniality as Critique in/of the Time That Remains

Within the context of the mere posit of resistance, who is the remnant within the time of the now? Does the remnant include the postcolonial juridical subject as the index of a cultural and political...

by Tawai Ansah | On 29 Aug 2006

Post-Liberalisation India: and the Importance of Legal Reform

The main purpose of this paper is to draw attention to the central importance of legal reform within the context of second generation reforms. Unfortunately, this area is usually seen as peripheral to...

by Sanjeev Sanyal | On 19 Aug 2006

Does Repayment Indicate the Success of Micro-Finance Programme?

This paper examines the patterns of loan utilisation and repayment among micro-finance group members for Wayland district of Kerala. It argues that 100 per cent repayment by members need not always in...

by Emil Mathew | On 12 Aug 2006

Trade Liberalisation and Digital Divide: an Analysis of the Information Technology Agreement of WTO

This article reflects on the effectiveness of trade liberalization, as envisaged in the Information Technology Agreement (ITA) of the WTO, for promoting ICT use and production in developing countrie...

by K.J. Joseph | On 29 Jul 2006

Ways of Paying for Global Public-Goods

simple schedule of governmental contributions, of paying for global public-goods and common purposes: use of IMF Special Drawing Rights (SDRs); the United Kingdom’s International Finance Facility (IFF...

by Anthony Clunies-Ross, | On 02 Jun 2006

An evaluation of the developmental implications of the World Bank and IMF lending policies

This paper dwells on the essential requirements of economic development and the role of international credit,. It is also an incursion into the operational principles and strategies of the World Ba...

by Musa Jega Ibrahim | On 01 Jun 2006

And Now a Car Story

The country’s export of automobiles has grown faster than software over the last four years. it does look as though automobile manufacture will be a new arrow in the country’s quiver. [Editorial . B...

by T.N. Ninan | On 03 May 2006

And Now a Car Story

It does look as though automobile manufacture will be a new arrow in the country’s quiver. This may be hard to believe, when one looks at the strengths of the automobile industries in the US and Japa...

by T.N. Ninan | On 03 May 2006

Integrating poverty reduction in IMF-World Bank Models

This paper outlines the Fund-Bank analytical frameworks and presents a critical appraisal indicating the importance of both demand and supply constraints in the countries undertaking Fund adjustment p...

by Brigitte Granville | On 27 Apr 2006

The Role of Price and cost Competitiveness in Apparel Exports, post MFA: A Review

Global outsourcing, technical change, and falling barriers to trade worldwide have transformed the structure of production and global competition in the textile and apparel industry. This sector has...

by Meenu Tiwari | On 20 Apr 2006

Post-Autistic Economics Review, Issue No 36, February 2006

Results of Greatest Twentieth-Century Economists Poll Towards a Concrete Utopian Model of Green Political Economy by John Barry Economics Is Structured Like a Language by William Kaye-Blake ...

by Post-Autistic Economics Movement | On 26 Mar 2006

Objectivity and Bias in Sociological Studies: A Rejoinder to 'Social Science Knowledge and Its Evaluation'

Does a social scientist need to renounce his ethnicity in order to be objective and unbiased? The issue of how and why scholars choose their subjects and approaches has been debated for almost a centu...

by Darshan Tatla | On 15 Mar 2006

The Extent of Exchange Rate Flexibility in India: Basket Pegger or Closet US Dollar Pegger?

This paper examines the degree of de facto exchange rate flexibility for India over the last two decades. While there is a diversity of methods that measure de facto exchange rate regimes, none indivi...

by Tony Cavoli | On 08 Mar 2006

Sri Lanka: Budget Speech by Finance Minister in Parliament

'Mahinda Chintana' : Towards a New Sri Lanka

by Ministry of Finance and Planning Sri Lanka | On 05 Mar 2006

Sri Lanka: Budget Brief, 2006: Towards a New Sri Lanka

Tax Proposals and Administration Summary of Budget 2006

by Ministry of Finance and Planning Sri Lanka | On 05 Mar 2006

Economic Survey 2005-06, chapter 3

Monetary and Banking Developments

by Ministry of Finance | On 27 Feb 2006

Will Russia win the ‘Gas War’?

Russia’s Gazprom, the world’s largest gas company, has precipitated serious tensions among the post-Soviet countries by sharply hiking gas prices this winter. Gazprom has been supplying gas to these c...

by R.G. Gidadhubli | On 07 Feb 2006

Macroeconomic and Monetary Developments: Third Quarter Review 2005-06

Contents I. The Real Economy -- 1 Agricultural Situation Industrial Performance Business Expectations Surveys Services Sector II. Fiscal Situation 14 Combined Government Fi...

by Reserve Bank of India | On 25 Jan 2006

The Mystery of China’s Sinking Stocks

The article exposes the shortcomings of China’s stock markets and examines the failed attempts by the government to introduce meaningful stock-market reform. China has largely avoided major policy blu...

by Weijian Shan | On 07 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

‘Urban Bias’ in the Flow of Funds and Deposit Mobilisation:Evidence from Karnataka, India

Until banking sector reforms were introduced in India in 1991, the emphasis in the credit provision through formal banking system was to meet the targets at the expense of the quality of credit and vi...

by Gagan Bihari Sahu | On 08 Dec 2005

Banking on Limited Freedom

Successive finance ministers have been calling the public sector banks “to brace for a wave of consolidation” to become global players. However, calling for world-beaters does not produce them; vision...

by Aruni Mukherjee | On 22 Oct 2005

I G.Patel: Qua Economist and Policy Maker

In tribute, a brief note on the rich intellectual trajectory described by I. G. Patel

by Deena Khatkhate | On 28 Sep 2005

NAC Concept Paper-A Note On Agriculture And Irrigation

This note highlights the main issues and outlines the proposed action plan in respect of the following five major areas in Agriculture and Irrigation: (1) Augmentation of water resources for irrigati...

by C.H. Hanumantha Rao | On 09 Sep 2005

Singapore: Asia's Global City?

The dynamics of a 21st century city are very different from those that created the urban agglomerations of the past. The economics of post-industrial cities are driven are driven by lifestyle, consump...

by Sanjeev Sanyal | On 27 Aug 2005

Why Do Governments Lack “Political Will”? An Explanation

This paper proposes “lack of political will” as the most important reason why a ruling political party is unable to commit itself to economically efficient choices or policies. The notion of political...

by Ajit Karnik | On 19 Aug 2005

Crop Insurance Scheme: A Case Study Of Banana Farmers In Wayanad Districts

Crop insurance is recognised to be a basic instrument for maintaining stability in farm income, through promoting technology, encouraging investment, and increasing credit flow in the agricultural sec...

by Manoj Kumar K | On 11 Aug 2005

Protecting Intellectual Property

The importance of IPR in the Indian economy will have to be understood properly. Tomorrow’s wars will be fought not by conventional weapons, guns, missiles and so on, but in the knowledge markets with...

by R A Mashelkar | On 08 Aug 2005

Towards Bank Financing of Urban Infrastructure

Provision of quality urban infrastructure is an area of major concern for the Indian Economy. The financing of this component of infrastructure may turn out to be a somewhat tractable problem, even in...

by Abhay Pethe | On 05 Aug 2005

Whether SHG-Based Micro-Credit Programmes Can Remove Poverty? A Case Study Of SHG-Based Programmes In Patan District Of Gujarat

In India, the organization of self-help groups, especially for microfinance and microenterprise development programmes constitute a widely accepted development strategy for poverty reduction. This str...

by Anand Tiwari | On 31 Mar 2005