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News, Noise and Indian Business Cycle

New Keynesian Dynamic Stochastic General Equilibrium (DSGE) models with various specifications of technology, markup and interest rate shocks are estimated with Indian data using Kalman filter based p...

by Ashima Goyal | On 25 Apr 2019

What Explains the Volatility of India’s Catch-up Growth?

Indian post reform growth rates have been higher but more volatile compared to transition periods for other comparable countries. The reasons are aggravation of shocks due to unaddressed critical bott...

by Ashima Goyal | On 29 Mar 2019

Is Ayushman Bharat the answer to India’s healthcare woes?

Does India’s newest health protection mission do more than create a ‘narrative’ on health care in a pre-election year? More importantly, is health care through insurance the best option for a country...

by | On 28 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

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

Evaluating India's Exchange Rate Regime Under Global Shocks

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

by Ashima Goyal | On 24 Aug 2018

Fair play in Indian Health Insurance

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

by Shefali Malhotra | On 15 Jun 2018

The Rise of Government-Funded Health Insurance in India

India has experienced a remarkable proliferation of 48 Government Funded Health Insurance Schemes (GFHIS) from 1997 to 2018. The paper places the rise of this policy pathway in historical perspective....

by Ila Patnaik | On 15 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

Overcoming Public Sector Inefficiencies Toward Universal Health Coverage - The Case for National Health Insurance Systems in Asia and the Pacific

This paper uses the Kutzin framework as described in the WHO Bulletin in 2013.20. This version has the advantage of incorporating both health system functions and goals, and will help us in understand...

by Eduardo Banzon | On 05 Jun 2018

Crowding-Out or Crowding-In? Public and Private Investment in India

This paper contributes to the debate on the relationship between public and private investment in India along the following dimensions. First, acknowledging major structural changes that the Indian ec...

by Girish Bahal | On 07 May 2018

Performance Trends and Policy Recommendations An Evaluation of the Mass Health Insurance Scheme of Government of India

India’s health sector is characterized by modest health indicators, a paucity of medical financing schemes that have successfully scaled, high per capita out-of-pocket health expenditure, and very l...

by | On 06 Apr 2018

The World Health Report 2013

Universal health coverage, with full access to high-quality services for health promotion, prevention, treatment, rehabilitation, palliation and financial risk protection, cannot be achieved without...

by World Health Organisation (WHO) | On 06 Apr 2018

ICT investment and economic growth in India: An industry perspective

The role of information and communication technologies (ICT) in driving economic growth has been well established in the literature. By reducing communication and transaction costs, and improving the...

by K L Krishna | On 04 Apr 2018

Asia-Africa Cooperation in Human Resource Development

Sub Saharan Africa is gifted with a young population underthe age of 25 years; they are two-thirds of its population. Such a young workforce along with opportunities in industry and modern services ca...

by Santosh Mehrotra | On 14 Mar 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

Health Financing and Delivery in India: An Overview of Selected Schemes

The paper shows that a range of institutional innovations are possible in terms of bridging the health equity divide.

by Kalpana Jain | On 04 Jan 2018

Macroeconomic Impact of International Reserves: Empirical Evidence from South Asia

This paper constructs a dynamic macro model with new monetary policy rule to examine the implications of international reserve accumulation for macroeconomic outcomes such as economic growth and infla...

by Prakash Shrestha | On 18 Oct 2017

The Impact of State Medical Marijuana Laws on Social Security Disability Insurance and Workers' Compensation Benefit Claiming

The authors study the effect of state medical marijuana laws (MMLs) on Social Security Disability Insurance (SSDI) and Workers' Compensation (WC) claiming. The paper uses data on benefit claiming draw...

by Johanna Catherine Maclean | On 25 Sep 2017

Cooking Contests for Healthier Recipes: Impacts on Nutrition Knowledge and Behaviors in Bangladesh

Many poverty alleviation programs aiming to enhance nutrition include behavior change communication (BCC). This study uses a field experiment in Bangladesh to assess the impacts of BCC, focusing on...

by Berber Kramer | On 31 Jul 2017

Taking an Ecosystems Approach: Support for Advocacy Training Initiatives’ (SATHI) Public Health Work in India

Delivering accessible, inclusive and high-quality health services in India is both technically challenging and politically complex. India’s public health services have been highly decentralized for mo...

by Brendan Halloran | On 26 Jul 2017

Strengthening City Disaster Risk Financing in Vietnam

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

by Asian Development Bank Institute | On 26 Jun 2017

Vital Stats Overview of Road Accidents in India

The report narrates that in 2015, there were about five lakh road accidents in India, which killed about 1.5 lakh people and injured about five lakh people. India, as a signatory to the Brasilia decla...

by Prachee Mishra | On 30 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

Vital Stats: Overview of Road Accidents in India

In 2015, there were about five lakh road accidents in India, which killed about 1.5 lakh people and injured about five lakh people. India, as a signatory to the Brasilia declaration, intends to reduc...

by Prachee Mishra | On 30 Mar 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

Jammu and Kashmir Budget Analysis 2017-18

The Finance Minister of Jammu and Kashmir, Mr. Haseeb A. Drabu, presented the Budget for Jammu and Kashmir for financial year 2017-18 on January 11, 2017.

by Arvind Gayam | On 17 Jan 2017

The Power of Social Pensions

This paper examines the impacts of social pension provision among people of different ages. Utilizing the county-by-county rollout of the New Rural Pension Scheme in rural China, we find that, among t...

by | On 10 Jan 2017

Role of Foreign Direct Investment in India: An Analytical Study

International Economic Integration plays a vital role in Economic Development of any country. Foreign Direct Investment is one and only major instrument of attracting International Economic Integratio...

by | On 04 Jan 2017

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

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

by Satadru Das | On 09 Aug 2016

Fire-Sale Externalities

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

by Eduardo Dávila | On 29 Jul 2016

Operational Guidelines: Pradhan Mantri Fasal Bima Yojana

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

by Ministry of Agriculture GOI | On 28 Jul 2016

The General Equilibrium Impacts of Unemployment Insurance: Evidence from a Large Online Job Board

During the Great Recession, U.S. unemployment benefits were extended by up to 73 weeks. Theory predicts that extensions increase unemployment by discouraging job search, a partial equilibrium effect....

by Ioana Marinescu | On 28 Jul 2016

Analysis of the Philippine Health Insurance Corporation's Individually Paying Program and Employed Program

The provision of social health insurance has been an increasingly popular mechanism for addressing financial barriers to health care in developing countries. In the Philippines, the social health insu...

by | On 27 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

Distributional Effects of Means Testing Social Security: Income Versus Wealth

This paper compares Social Security means tests that would reduce benefits for recipients who fall in the top quarter of the income distribution with means tests aimed at those in the top quarter of t...

by Alan Gustman | On 20 Jul 2016

Does Social Health Insurance Reduce Financial Burden? Panel Data Evidence from India

Indian government launched the Rashtriya Swasthya Bima Yojana (RSBY), a national health insurance scheme, in 2008 that provides cashless health services to poor households in India. The scheme is eval...

by Mehtabul Azam | On 11 Jul 2016

Operational Guidelines: Restructured Weather Based Crop Insurance Scheme

Weather Based Crop Insurance Scheme (WBCIS) aims to mitigate the hardship of the insured farmers against the likelihood of financial loss on account of anticipated crop loss resulting from adverse wea...

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

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

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

by Jaimini Bhagwati | On 07 Jul 2016

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

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

by Jaimini Bhagwati | On 22 Jun 2016

Income Mobility among Social Groups in Indian Rural Households: Findings from the Indian Human Development Survey

The paper analyses income mobility across different social groups in India using data from the Indian Human Development Survey (IHDS) collected in 2004–05 and 2011–12. Indices signifying different n...

by Thiagu Ranganathan | On 16 Jun 2016

Unified Package Insurance Scheme

The Unified Package Insurance Scheme will be implemented in 45 selected districts on Pilot basis from Kharif 2016 season. A farmer (both Loanee and Non- Loanee) can access to Banks whereas nonloanee f...

by Department of Agriculture & Cooperation GOI | On 30 May 2016

Restructured Weather Based Crop Insurance Scheme

Weather Based Crop Insurance Scheme (WBCIS) aims to mitigate the hardship of the insured farmers against the likelihood of financial loss on account of anticipated crop loss resulting from adverse wea...

by Department of Agriculture & Cooperation GOI | On 30 May 2016

On the Road to Universal Health Coverage: Every Person Matters

In modern society, the possession of a personal official identification (ID) is critical to an individual’s access to government services, and social and economic programs. From voting to receipt of s...

by Michael Stahl | On 26 May 2016

Social Protection in East and South East Asia: A Regional Review

The paper starts with a discussion of the general context of growth and poverty across the region, exposure to risk or crisis, and the nature of vulnerability facing individuals, households and commu...

by | On 25 May 2016

Monitoring and Evaluating Progress towards Universal Health Coverage in India

While Universal health coverage (UHC)is not new to India, it was only in 2011 that the government appointed a high level expert group to develop a strategy to achieve UHC. Many of the recommendations...

by Thiagrajan Sundararaman | On 12 Apr 2016

Problems and Possible Solutions For Better Traffic Management: A Case Study of Vadodara-Ahmedabad Section of National Highway Eight

Efficient traffic management on the National Highways (NHs) is very essential in the country. The present NH system that evolved over the years has a number of deficiencies. The basic objective of the...

by Haribandhu Panda | On 20 Mar 2016

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

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

by Sowmya Dhanaraj | On 11 Mar 2016

Willingness to Purchase Health Insurance in Pakistan

The aim of this research is to assess the willingness to purchase health insurance in Pakistan and assist the policy makers in formulating a national health insurance programme that meets the needs of...

by Ajmal Jahangeer | On 10 Mar 2016

German Employers and the Origins of Unemployment Insurance: Skills Interest or Strategic Accommodation?

This paper analyzes the attitudes of industrial employers during the German Empire and the Weimar Republic towards the adoption of public unemployment insurance. While employers initially opposed unem...

by | On 09 Mar 2016

Information Frictions and Adverse Selection: Policy Interventions in Health Insurance Markets

This paper develops and implements a general framework to study insurance market equilibrium and evaluate policy interventions in the presence of choice frictions. Friction-reducing policies can incre...

by Benjamin R. Handel | On 09 Mar 2016

Satyam Failure and Changes in Indian Audit Committees

Audit committees have received considerable attention globally in recent years. We examine the effects of the Satyam failure on changes in the composition and functioning of Indian audit committees. A...

by R. Narayanaswamy | On 27 Feb 2016

Social Security Schemes: A Case for Universalisation

Prime minister’s recent introduction of new social security schemes to ensure insurance and pension for all remains a laudable step. These schemes were launched on May 9, 2015 and are expected to enha...

by Charan Singh | On 27 Feb 2016

Crop Insurance for Adaptation to Climate Change in India

In India, agriculture is inherently a risky venture due to uncertainty in production and volatility in price, and more so in the context of increased climatic aberrations and globalisation. Therefore,...

by Dr Mamata Swain | On 26 Feb 2016

Challenges in Health Services Trade: Philippine Case

There is a growing emphasis on the role of trade in health services (telehealth, health tourism and retirement, investments and deployment of medical professionals) in easing fiscal constraints, gener...

by Maria Cherry Rodolfo | On 25 Feb 2016

Social Protection in Apec in Pursuit of Inclusive Growth

The paper seeks to take stock of some of the key APEC documents/reports relevant to social protection and safety net programs, and also of the experience of APEC member-economies, with special focus o...

by Janet S. Cuenca | 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

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

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

Pesticide Policy

The aggressive media campaigns by pesticide companies do not comply with FAO guidelines for advertising pesticides. Pakistan adopts FAO guidelines on the issues where Pakistani law is silent. The Paki...

by Shahid Zia | On 02 Feb 2016

Social Insurance with Competitive Insurance Markets and Risk Misperception

This paper considers an economy where individuals differ in productivity and in risk. Rochet (1991) has shown that when private insurance markets offer full coverage at fair rates, social insurance is...

by | On 02 Feb 2016

Potential Impact of Proposed 2012 Farm Bill Commodity Programs on Developing Countries

The United States is the largest exporter of many key commodities leading to a significant impact on international markets. In this paper Bruce Babcock and Nick Paulson examine what proposed changes i...

by | On 30 Jan 2016

Microinsurance Decisions: Gendered Evidence from Rural Bangladesh

This paper draws from a field research experiment to examine the gendered aspects of willingness to pay for index-based insurance in Bangladesh. Participants were presented with risky lotteries and...

by Daniel J. Clarke | 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

Climate Change and Food Systems: Global Assessments and Implications for Food Security and Trade

This book collects the findings of a group of scientists and economists who have taken stock of climate change impacts on food and agriculture at global and regional levels over the past two decades....

by Food and Agricultural Organization [FAO] | On 20 Jan 2016

Twelfth Plan Working Group on Disadvantaged Farmers, Including Women

This working group on Disadvantaged Farmers, including women is one of the key working groups for defining agricultural policy in the Twelfth Five Year Plan. Eighty-three percent of India’s farmers cu...

by Bina Agarwal | On 19 Jan 2016

India’s Fragmented Social Protection System: Three Rights Are in Place; Two Are Still Missing

The paper touches only briefly upon the issue of social insurance because achieving this is a medium-term goal which the Indian welfare state must work towards within current fiscal constraints. It fo...

by | On 06 Jan 2016

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

Access to and Financing of Healthcare through Health Insurance Intervention in India

Health insurance is expected to promote equity in access to health, financial protection, reduce escalating healthcare cost, enhance provider networks and enable country to make an optimal use of limi...

by Shailender Hooda | On 18 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

State Food Provisioning as Social Protection: Debating India’s National Food Security Law

This report provides an overview on the main issues debated during the development and passage of the India’s National Food Security Act (2013), which legally binds national and state governments to e...

by Harsh Mander | On 20 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

India’s Food Grain Policies and the Public Distribution System: The Case of Rice. Who Wins, Who Loses, and by How Much?

Indian governments follow highly interventionist policies on food grains, especially rice and wheat. These policies include import and export controls which insulate the domestic market from world mar...

by Garry Pursell | On 14 Oct 2015

Towards Universal Access to Health Care in India

In this concept note authors aim to put forth a broad canvas of the various issues that need to be considered and positions that need to be formulated, in order to argue that it is possible to make Un...

by Dr. Abhay Shukla | On 23 Sep 2015

Universalising Health Care for All

This booklet presents a brief analysis of certain key sectors and themes related to the Health system in India on creating an integrated and comprehensive public health system that prioritizes people’...

by Jan Swasthya Abhiyan | On 09 Sep 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

Out-Of-Pocket (OOP) Financial Risk Protection: The Role of Health Insurance

Though health has been considered a fundamental human right since the Alma Ata Declaration in 1978, still a significant proportion of world population don’t get access to basic healthcare simply due t...

by S Madheswaran | On 22 Jun 2015

Report of the Committee to Review the Implementation of Crop Insurance Schemes in India

This report attempts to address some of the issues and challenges facing major crop insurance schemes being operated in India. Many of the issues and problems highlighted when the Committee interacted...

by Department of Agriculture & Cooperation GOI | On 01 Jun 2015

Union Budget 2015-16: Shocking Neglect of Health Care

The budget proposals are premised on the assumption that health care is an individual’s responsibiity. The government appears to be rapidly shedding its responsibilities to provide accessible health...

by Ravi Duggal | On 01 Mar 2015

Parliament Session Alert-Budget Session: February 23 – May 08, 2015

Lok Sabha and Rajya Sabha will meet for the Budget Session between 23rd February and 8th May, 2015. There will be a recess between 21st March and 19th April when the Standing Committees will examine D...

by Kusum Malik | On 23 Feb 2015

Social Exclusion and (RSBY) Rashtriya Swasthya Bima Yojana in Maharashtra

Out-of-pocket payments make up a large proportion of total health expenditure leading to inequity amongst the poorer sections. Recently government of India has instigated various demand side financing...

by Harshad Thakur | On 11 Nov 2014

Too Little, Too Late: Rashtriya Swasthya Bima Yojana in Maharashtra

While the union government announced its plan to extend the Rashtriya Swasthya Bima Yojana to the unorganised working class poor. The Government of Maharashtra has decided to scrap RSBY and replace it...

by Sujata Gothoskar | On 11 Nov 2014

Demand for Price Insurance among Farmers in India: A Choice Experiment-based Approach

Agriculture is an intrinsically risky economic activity. Farmers face a multitude of risks, such as production risks, on account of weather variations, and price risks, associated with falling output...

by Thaigu Ranganathan | On 24 Sep 2014

Unravelling India’s Inflation Puzzle

From 2003, the Indian economy enjoyed a boom in growth coupled with moderate inflation for five years. The economy grew at a rate close to 9 percent per year, until it was punctured by the global fina...

by Pankaj Kumar | On 19 Aug 2014

Quality Healthcare and Health Insurance Retention: Evidence from a Randomized Experiment in the Kolkata Slums

Healthcare in developing countries is often unreliable and of poor quality, thus reducing individuals incentives to use quality health services. This paper examines an innovative approach to access to...

by Clara Delavallade | On 12 Jun 2014

Weather Sensitivity of Rice Yield: Evidence from India

This study estimates the weather sensitivity of rice yield in India, using disaggregated (district) level information on rice and high resolution daily weather data over the period 1969-2007. Compare...

by Anubhab Pattanayak | On 11 Oct 2013

Out-of-pocket Expenditures and Poverty: Estimates From NSS 61st Round

Poverty needs to be measured taking into account OOP spending, since health spending is also now viewed as an essential expenditure that enhances welfare like food and other necessities. [Paper prese...

by Indrani Gupta | On 05 Aug 2013

Why Is Mobility in India So Low? Social Insurance, Inequality, and Growth

This paper examines the hypothesis that the persistence of low spatial and marital mobility in rural India, despite increased growth rates and rising inequality in recent years, is due to the existenc...

by Kaivan Munshi | On 22 Jul 2013

Motivating Knowledge Agents: Can Incentive Pay Overcome Social Distance?

This paper studies the interaction of incentive pay and social distance in the dissemination of information. BREAD Working Paper No. 380. URL: [http://ipl.econ.duke.edu/bread/papers/working/380.pdf].

by Erlend Berg | On 16 Apr 2013

Estimating Losses to Customers on Account of Mis-selling Life Insurance Policies in India

This paper presents two approaches that use publicly available data to estimate the loss to investors from mis-selling of insurance products. The first approach uses the number of lapsed policies fro...

by Monika Halan | On 12 Apr 2013

Employment Effects of Low-Skilled Immigrants in Korea

This study examines the impact of inflows of foreign workers on Korean natives’ economic performance – namely, employment – through the Employment Permit System, the basis of Korea’s system by which...

by Jungho Kim | On 03 Apr 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

MTNL: Why the Slow Death?

What is the cause of deteriorating services from MTNL? Suggestions are given to improve its services.

by Alex George | On 03 Sep 2012

State Health Insurance and Out-of-Pocket Health Expenditures in Andhra Pradesh, India

In 2007, the state of Andhra Pradesh in southern India began rolling out the Aarogyasri health insurance to reduce catastrophic health expenditures in households “below the poverty line.” The program...

by Victoria Fan | On 05 Jul 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

Agricultural Insurance in India: Problems and Prospects

The challenges of providing insurance to Indian agricultural sector in a manner that is both meaningful and sustaining. Critical assessment of the existing initiative and present possible options fo...

by M J Bhende | On 09 Mar 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

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

International Competitive Strategy Choices: Comparing Firms in China and India

The international business literature has yet to adequately explore international competitive strategy choices made by firms in developing countries. This study aims to address this gap by investiga...

by Ping Lv | On 02 Feb 2012

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

A Regulatory Approach to Financial Product Advice and Distribution

Financial distribution, where the distributor is the agent of both the product provider and the customer, has been found to inherently work against the interests of customers, in the form of high ser...

by M Sahoo | On 08 Dec 2011

Loan-to-Value Ratio as a Macro-Prudential Tool: Hong Kong's Experience and Cross-Country Evidence

This study assesses the effectiveness and drawbacks of maximum loan-to-value (LTV) ratios as a macroprudential tool based on Hong Kong’s experience and econometric analyses of panel data from 13 eco...

by Eric Wong | On 03 Oct 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

Barriers to Household Risk Management: Evidence from India

Why do many households remain exposed to large exogenous sources of non-systematic income risk? Why don’t financial markets develop to pool these risks? This paper uses a series of randomized field...

by Shawn Cole | On 06 Jul 2011

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

Are Private Defensive Expenditures against Storm Damages Affected by Public Programs and Natural Barriers? Evidence from the Coastal Areas of Bangladesh

This paper introduces a theoretical model combining household production with an endogenous risk framework in order to understand how ex-ante private spending by coastal households would evolve agai...

by Sakib Mahmud | On 01 Apr 2011

The Global Impact of the Southern Engines of Growth: China, India, Brazil and South Africa

This Policy Brief focuses on links between the developing countries of Brazil, India, China and South Africa and the global economy, with a special emphasis on the implications of China’s spectacular...

by Amelia U. Santos Paulino | On 11 Mar 2011

Institutionalising Decentralised Information Systems for Local Level Planning: Comparing Approaches Across Two States in India

Since the 1980s, administrative reform in a number of developing countries has been directed at achieving decentralisation of planning through the use of information systems. These experiments have no...

by Prof. Subhash Bhatnagar | On 01 Feb 2011

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

Employee State Insurance: For a handful of contribution, a bagful of benefits

The paper is about the Employment State Insurance Act (ESIC). It analyzes two important questions i.e. what ESTA is and whether the ESIC in Delhi is catering to the needs of its employees.

by M Gopinath | On 02 Sep 2010

Adverse Selection and Private Health Insurance Coverage in India A Rational Behaviour Model of Insurance Agents under Asymmetric Information

In the backdrop of the low level of health insurance coverage in India, this study examines the determinants of the scaling-up process of health insurance by analyzing the rational behaviour of an i...

by Sukumar Vellakkal | On 22 Jul 2010

Crop Insurance in India

This working paper discusses the dependence of Indian agriculture on uncertain rains. In addition the farmers experience other production risks as well as marketing risks related to different crop e...

by Gurdev Singh | On 06 Jul 2010

Short-Run Subsidies and Long-Run Adoption of New Health Products: Evidence from a Field Experiment

This paper is about a field experiment which was designed to estimate the relative importance of competing effects of targeted subsidies for health products. It has been found out that, for a health...

by Pascaline Dupas | On 25 May 2010

Can Social Security Boost Domestic Consumption in the People’s Republic of China?

This paper reviews the development of the social security system and trends in the urban labor market in the People’s Republic of China (PRC). Despite its remarkable economic achievement, the PRC face...

by Wang Dewen | On 20 May 2010

Vulnerability and Coping to Disasters: A Study of Household Behaviour in Flood Prone Region of India

This paper attempts to understand the various risks faced by households living in disaster prone regions of rural India and specifically examine the effectiveness of coping mechanisms adopted by ho...

by Unmesh Patnaik | On 12 Apr 2010

Government vs Weather The True Story of Crop Insurance in India

The government of India started offering widespread crop in insurance in 1985, with the Comprehensive Crop Insurance Scheme. The CCIS has been replaced by the National Agriculture Insurance Scheme....

by Jennifer Ifft | On 06 Nov 2009

Equity for Open-Access Journal Publishing

Open access journal publishing is currently at a systematic disadvantage relative to the traditional subscription-based journal publishing. A simple, cost effective remedy to this inequity is propose...

by Stuart M. Shieber | On 31 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

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

Crises, Capital Controls, and Financial Integration

This paper analyzes the effects of capital controls and crises on financial integration, using stocks from emerging economies that trade in both domestic and international markets. The cross market p...

by Eduardo Yeyati | On 27 Jun 2009

Groundwater Irrigation in India: Gains, Costs and Risks

Groundwater has rapidly emerged to occupy a dominant place in India’s agriculture and food security in the recent years. It has become the main source of growth in irrigated area over the past 3 decad...

by Vasant P Gandhi | On 23 Jun 2009

Access to Banking Services and Poverty Reduction: A State-wise Assessment in India

Financial inclusion is the broad based delivery of banking and other financial services at affordable cost to the poorest sections of the society. In India, financial inclusion emphasizes to include m...

by Amit. K. Bhandari | On 16 Jun 2009

India’s Population: Past, Present and Future

This paper presents a lecture delivered by the author under The Pravin Visaria Public Lecture in GIDR. India has made considerable demographic progress since 1947; however it seems that the country’s...

by Tim Dyson | On 16 Jun 2009

Women, Paid Work and Empowerment in India: A Review of Evidence and Issues

The paper is an attempt to review critically the association between women’s paid work and empowerment in India. As a prelude, the author seek to assess the extent of women’s participation in paid wor...

by Sunny Jose | On 15 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

Construction and Validation of ‘Science Culture Index’ Results from Comparative Analysis of Engagement, Knowledge and Attitudes to Science: India and Europe

Countries world-wide routinely collate statistics on STS performance indicators such as R&D expenditure, science publications, citations and impact, high-tech employment, and penetration of hightech g...

by Rajesh Shukla | 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

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

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

The Water and Sanitation Scenario in Indian Metropolitan Cities: Resources and Management in Delhi, Calcutta, Chennai, Mumbai

This paper reviews the urban water and sanitation scenario in metropolitan cities. Section 1 focuses on the institutional and organizational structure of the service providers by looking at the level...

by Joel Ruet | On 04 Jun 2009

Ensuring the Conformity of Domestic Law with World Trade Organisation Law India as a case study

The 1994 Marrakesh Agreement establishing the World Trade Organization (the WTO Agreement), requires each WTO member to “ensure the conformity of its laws, regulations and administrative procedures wi...

by Chaisse Julien | On 04 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

Corruption Dynamics: The Golden Goose Effect

Development scholars view corruption as a leading cause of persistent poverty in less development countries. The paper mainly studies dynamic incentives for corruption in one of the world’s largest pu...

by Paul Niehaus | On 03 Jun 2009

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

Interactions between Policy Assumptions and Rural Women’s Work –A Case Study

This paper is mainly concerned about the approaches to rural women’s development and an understanding of their work roles in the planning strategies. Changes in the economic and social participation o...

by Kumud Sharma | On 03 Jun 2009

If Technology is like Word, Institutions are like Grammar: Institutional Context of Technological Innovations and Knowledge Systems at Grassroots.

Many developing countries have taken interest in learning from the Honey Bee Network experience for replicating the model. In a UNESCO conference, the author was asked to identify the key steps that n...

by Anil K Gupta | On 27 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

Social Group Disparities and Poverty in India

This paper seeks to provide a profile of social group disparities and poverty in India,where social groups are classified as scheduled caste, scheduled tribe and other social groups, and examine the f...

by Rohit Mutatkar | On 26 May 2009

Promoting Sustainable Agriculture: Experiences from India and Canada

This paper is an attempt to examine the policy initiatives as well as experience of promoting organic farming in India and Canada where the need for promoting sustainable agriculture has been recogniz...

by Puttaswamaiah S | On 22 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

Manager’s Perceptions of the Impact of Foreign Direct Investment Liberalizations: Information Technology Firms in India

Firms differ in the effects that foreign direct investment liberalizations have on their businesses, and in the responses they make to adjust to the liberalized business environment. In this study th...

by Stanley Nollen | On 15 May 2009

Technology Adoption in a Differentiated Duopoly: Cournot versus Bertrand

This paper compares equilibrium technology adoption in a differentiated duopoly under two alternative modes of product market competition, Cournot and Bertrand. It shows that the cost of technology ha...

by Rupayan Pal | On 14 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

Promoting Sustainable Agriculture: Experiences from India and Canada

Agriculture sector, world over, has experienced a phenomenal growth since the mid-twentieth century. The growth, driven by Green Revolution technology, has made a significant dent on aggregate supply...

by Amita Shah | On 02 May 2009

Social Protection for Informal Workers: Insecurities, Instruments and Institutional Mechanisms

This paper presents a broad definition of social protection to include basic securities, such as income, food, health and shelter, and economic securities including having income generating productive...

by Jeemol Unni | On 01 May 2009

Nutritional Deprivation Among Indian Pre-School Children: Does Rural-Urban Disparity Matter ?

The rural-urban disparities are a reality in developing countries like India. Post reform, there are lot of empirical studies which has focused on this aspect of development experience in India. The v...

by Rudra Narayan Mishra | On 01 May 2009

Mitigating Spillovers and Contagion Lessons from the Global Financial Crisis

The speech mainly throws light upon the impact of financial crisis on emrging economies particulary India. [Speech delivered at Reserve Bank of India at the RBI-BIS Seminar at Hyderabad].

by Duvvuri Subbarao | On 05 Dec 2008

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

Risk, Informational Asymmetry and Product Liability: An Enquiry into Conflicting Objectives

Risky products cause two types of costs for society; the accident costs and the insurance costs. Liability rules allocate these costs between the parties involved. The expansion in the scope of produ...

by Ram Singh | On 14 Apr 2008

Kerala Budget Speech 2008-09

Budget speech 2008-09 by Finance Minister Dr. Thomas Issac

by Government of Kerala Govt | On 07 Mar 2008

The Maternity Benefit (Amendment) Bill, 2007

The Bill seeks to amend the Maternity Benefit Act, 1961.

by Parliamentary Research Service PRS | On 28 Feb 2008

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

Towards Affordable Universal Access to Health Care Through Social Health Protection

The global population covered by some kind of health welfare measure is miniscule. The need to expand coverage can be addressed by a pragmatic strategy rationalizing the use of health financing mechan...

by Xenia Scheil Adlung | On 19 Jun 2007

Recent Social Security Reforms in Asia

This presentation reviews recent social security reforms in Asia-Pacific, with emphasis on countries with major reliance on social insurance schemes. Japan, Korea, Philippines, China, Vietnam, and Tha...

by Mukul Asher | On 12 Jan 2007

China: Pension Provision and Pension Administration

In the long term, there is little doubt that China will be better off with a single and unified pension insurance system covering the whole country, just as most of other countries do. In the short...

by Shaoguang Wang | On 25 Oct 2006

Macroeconomic and Monetary Developments: Third Quarter Review, 2005-06

The robust performance of the Indian economy continued during the second quarter (July-September) of 2005-06. According to the Central Statistical Organisation (CSO), the economy recorded a real GDP...

by Reserve Bank of India | On 02 Feb 2006

The Social Cost of Foreign Exchange Reserves

There has been a very rapid rise since the early 1990s in foreign reserves held by developing countries. These reserves have climbed to almost 30 percent of developing countries' GDP and 8 months of i...

by Dani Rodrik | On 27 Jan 2006

Karnataka Yeshasvini Health Insurance Scheme: Towards Comprehensive Health Insurance Coverage in Karnataka?

This is a case study of the Yeshasvini Health Insurance Scheme for rural farmers and peasants in Karnataka. The scheme, now in its second year of operation, covers 2.2 million farmers and peasants w...

by Sarosh Kuruvilla | On 13 Jan 2006

Report on Second Global Symposium on Pensions , November 18-19, 2005 in Pune

Many developments have taken place over the years. With increase in life expectancy, retirement is becoming longer and traditional retirement models are under strain. Government is now showing serious...

by Anonymous | On 12 Jan 2006

Addressing Inequity In Indian Healthcare System: A New Financing Strategy

Countries that have universal or near universal access to healthcare have health financing mechanisms which are single-payer systems in which either a single autonomous public agency or a few coordina...

by Ravi Duggal | On 24 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

Health Insurance And The Obesity Externality

If rational individuals pay the full costs of their decisions about food intake and exercise, economists, policy makers, and public health officials should treat the obesity epidemic as a matter of in...

by Jay Bhattacharya | On 06 Aug 2005