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Matching keywords : Structural modeling, Macroeconomics

Sri Lanka’s Macroeconomic Challenges: A Tale of Two Deficits

The paper provides a narrative of Sri Lanka’s history of twin deficits, examines macroeconomic performance from the lens of twin deficits, and discusses the policies adopted to address macroeconomic i...

by Dushni Weerakoon | On 28 Mar 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

How Does Public Debt Affect the Indian Macroeconomy? A Structural VAR Approach

This study investigates the macroeconomic effects of public debt in India using a Structural Vector Auto regression (SVAR) framework for the period from 1980 to 2017. The objective of this study is to...

by Ranjan Kumar Mohanty | On 23 Jan 2019

Looking Beyond the Farm and Household: Determinants of On-farm Diversification in India

This paper analyses the factors affecting on-farm diversification decision. Notwithstanding the influence of farm and household conditions, studies have also highlighted the role of external pull fact...

by Varun Kumar Das | On 20 Nov 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

Effect of Supply Chain Integration on the Business Performance and Competitiveness of the Philippine Small and Medium Enterprises

This study aims to determine the effect of supply chain integration on the business performance and competitiveness of small and medium enterprises in the Philippines. A survey of 384 small and medium...

by Elaine Q. Borazon | On 20 Sep 2018

Growth and Childbearing in the Short- and Long-Run

Despite being key to theories of economic growth and the demographic transition, evidence on how fertility responds to aggregate income change is mixed. We analyze economic growth and fertility chan...

by | On 08 May 2018

Rethinking Macroeconomic Policies for Full Employment and Inclusive Growth: Some Elements

This paper reviews recent evidence and research by ILO and others concerning monetary, fiscal, exchange rate and capital account management policies, looking also at issues...

by | On 20 Apr 2018

STRUCTURAL CHANGE IN THE INDIAN ECONOMY

We analyse the evolution of the Indian economy over the past six decades, particularly identifying structural breaks. We find that usually there has been a gradual change in the indicators of the ec...

by Manmohan Agarwal | On 09 Apr 2018

Human Trafficking in Taiwan’s Fisheries Sector

Taiwan has one of the world’s largest DWFs, with over 1,800 vessels flying the Taiwanese flag operating across the world and hundreds of Taiwanese-owned vessels flying other flags.

by Environmental Justice Foundation (EJF) | On 09 Apr 2018

Changing Task Contents of Jobs in India: Implications and Way Forward

In this paper, we analyse the evolution of the task content of jobs in India between 1983 and 2011. Following standard literature, we calculated five task intensities by combining NSS data with O-Ne...

by | On 28 Mar 2018

Money, Income, Prices, and Causality in Pakistan: A Trivariate Analysis

The report says that there has been a long debate in economics regarding the role of money in an economy particularly in the determination of income and prices.

by Fazal Hussain | On 27 Mar 2018

Trade, Technology, and Prosperity An Account of Evidence from a Labor-market Perspective

This report assesses the state of economic research into those areas, with a particular focus on empirical methodologies and their adequacy for an assessment of general-equilibrium outcomes. While di...

by Marc-Andreas Muendler | On 20 Mar 2018

New Series of National Accounts Better Estimation or Over Estimation?

Revision in the estimates of domestic product (GDP) is a continuous process. Availability of more update data and changes in methodology which enlarges the access of data are the two factors which res...

by M. C. Singhi | On 16 Mar 2018

Investment Puzzle: Deeper Roots

The paper talks about the main estimation results show that they have affected negatively the business investment over the period 1980-2014.

by Kim Sujin | On 29 Jan 2018

Characterization Of Agricultural Workers In The Philippines

The paper narrates that the inclusive growth requires boosting incomes of workers currently in agriculture, either by shifting them to better-paying jobs outside agriculture or raising wages within ag...

by Roehlano M. Briones | On 13 Dec 2017

Industry Origins of Economic Growth and Structural Change in India

This paper is an attempt to document the evolution of India’s aggregate productivity, decomposed into the contributions of detailed industrial sectors and structural change during 1980-2011. Using the...

by K L Krishna | On 08 Nov 2017

The Macroeconomic Benefits of Tax Enforcement in Pakistan

The benefits of improved tax enforcement in Pakistan through simulations of a model of the Pakistani economy is studied. We begin by documenting that the effective tax rate facing firms is increasin...

by Ethan Ilzetzki | On 04 Oct 2017

Structural Change and Labour Productivity Growth in India: Role of Informal Workers

Labour productivity in an economy or industry may increase due to intrinsic increase in productivity (due to capital deepening or TFP growth) or due to the reallocation of workers to more productive s...

by Rosa Abraham | On 11 Sep 2017

Real Democratization in Cambodia? An Empirical Review of the Potential of a Decentralization Reform

This has facilitated the growth of a (more) positive relationship between civil society and the local state reduced the governance gap and enhanced the legitimacy of the local state.

by Joakim Öjendal | On 01 Sep 2017

New Series of National Accounts- Better Estimation or Over Estimation?

The report says that the base year of GDP is also revised regularly to have it aligned with the structural shifts that the economy witnesses continuously.

by M. Singhi | On 24 Aug 2017

What Explains Call Money Rate Spread in India?

The study focuses on various drivers of overnight inter-bank rate spread under the new liquidity management framework during July 2013 to December 2016. Applying OLS with Newey-West estimator and va...

by Sunil Kumar | On 03 Aug 2017

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

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

by Taniya Ghosh | On 21 Jul 2017

Transforming Towards a High-Income People's Republic of China: Challenges and Recommendations

This report summarizes findings and policy recommendations for the government's 13th Five-Year Plan.

by Asian Development Bank Institute | On 29 Jun 2017

Strengthening City Disaster Risk Financing in Vietnam

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

by Asian Development Bank Institute | On 26 Jun 2017

Services Growth- Why is that important for growth of GDP and Employment?

Services have significantly contributed to the structural transformation of Indian economy. Sustained growth of services in India has to an extent broken the myth which has considered acceleration in...

by MC Singhi | On 22 Jun 2017

Asia Bond Monitor - March 2016

The report narrates that the yields of local currency bonds in most emerging East Asian markets remained on a downward trajectory in the first month and a half of 2016, pressured by worries over globa...

by Asian Development Bank Institute | On 15 Jun 2017

Asia Bond Monitor - June 2016

The report says that the global economic environment also affects the region’s bond yields, emphasizing the importance of domestic macroeconomic stability and bond market resilience in the face of glo...

by Asian Development Bank Institute | On 06 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

An Automatic Leading Indicator Based Growth Forecast For 2016-17 and The Outlook Beyond

Building on the early work of Mitchell and Burns (1938,1946), the automatic leading indicator (ALI) approach has been developed over the last few decades by Geweke (1977), Sargent and Sims (1977), Sto...

by Parma Chakravartti | On 26 May 2017

Mapping Fragile and Conflict-Affected Situations in Asia and the Pacific: The ADB Experience

ADB recognizes four types of fragile and conflict-affected situations (FCAS)—conflict-affected, fragile,transitional, and subnational—and each situation has its own unique set of characteristics, and...

by Asian Development Bank Institute | On 12 May 2017

Sanitation and Sustainable Development in Japan

The paper outlines that the sanitation has long been “beneath the radar” on the development agendas of governments worldwide. Aside from the massive investment requirements for putting in place sanita...

by Asian Development Bank Institute | On 12 May 2017

Structural Change and Moderating Growth in the People’s Republic of China: Implications for Developing Asia and Beyond

The paper states that the People’s Republic of China (PRC) is currently undergoing a number of important changes, which have wide-ranging implications for activity in the PRC, the rest of developing A...

by Asian Development Bank Institute | On 09 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

Asia Bond Monitor - March 2017

This issue of the Asia Bond Monitor includes three special discussion boxes. Box 1 discusses the risk of Federal Reserve rate hikes to emerging Asia’s financial stability. Box 2 analyzes the risks to...

by Asian Development Bank Institute | On 05 May 2017

Dynamic Stochastic General Equilibrium (DSGE) Modelling :Theory And Practice

In recent years DSGE (dynamic stochastic general equilibrium) models have come to play an increasing role in central banks, as an aid in the formulation of monetary policy (and increasingly after th...

by DILIP NACHANE | On 04 May 2017

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

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

by Shalu Nigam | On 21 Feb 2017

Will China’s Demographic Transition Exacerbate Its Income Inequality? A CGE Modeling with Top-down Microsimulation

Demographic transition due to population aging is an emerging trend throughout the developing world, and it is especially acute in China, which has undergone demographic transition more rapidly than...

by Xinxin Wang | On 10 Oct 2016

Interactions between Policy Assumptions and Rural Women's Work - A Case Study

The concern of this paper is limited to the approaches to rural women's development and an understanding of their work roles in the planning strategies. [CWDS Working paper].

by Kumud Sharma | On 30 Sep 2016

Abductive Reasoning in Macroeconomics

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

by Ashima Goyal | On 31 Aug 2016

Picking the Winner: Measuring Urban Sustainability in India

This study provides a snapshot of the sustainability of selected Indian cities by employing 57 indicators in four dimensions to develop an overall city sustainability index. In recent years, its comp...

by B.Sudhakara Reddy | On 29 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

Will Services be the New Engine of Economic Growth in India?

This paper revisits the role of manufacturing and services in economic development in the light of the following new facts: (a) a faster growth of services than that of manufacturing in many developin...

by | On 08 Aug 2016

Oil Price, Exchange Rate and the Indian Macro Economy

The paper investigates the dynamic relationship between movements in oil prices and exchange rates with macroeconomic variables like price, output, interest rate and money by using structural vector a...

by Taniya Ghosh | On 12 Jul 2016

Returns to Education: The Causal Effects of Education on Earnings, Health and Smoking

This paper estimates returns to education using a dynamic model of educational choice that synthesizes approaches in the structural dynamic discrete choice literature with approaches used in the reduc...

by | On 09 Jun 2016

Impact of Antenatal Check-ups on Institutional Deliveries in Delhi

This paper focuses on the scenario of antenatal care (ANC) check-ups and institutional deliveries of beneficiaries across five districts of Delhi. The study analyses the socioeconomic parameters and...

by Suresh Sharma | On 03 Jun 2016

The Role of Small and Medium Enterprises in Structural Transformation and Economic Development

The study directs the attention to the role of Small and Medium Enterprises (SMEs) in overcoming these structural rigidities and ushering-in structural transformation in an economy. To explore the iss...

by Mausumi Das | On 26 May 2016

World Employment and Social Outlook 2016 – Transforming Jobs to End Poverty

This edition of the World Employment and Social Outlook (WESO) examines the relationship between decent work and poverty reduction. It starts by documenting trends in poverty around the world while pa...

by International Labour Organisation ILO | On 19 May 2016

World Debt Figures : 2015

Since the 1980s, public debt, both in the Third World countries and in the industrialised nations, has been systematically used to impose austerity policies in the name of structural adjustment. Acc...

by Eric Toussaint | On 22 Apr 2016

Moderating Growth and Structural Change in the People’s Republic of China: Implications for Developing Asia and Beyond

A gradual moderation in growth is currently underway in the People’s Republic of China (PRC). This is the result of a combination of factors, including a shrinking working-age population, the natural...

by | On 06 Apr 2016

Structural Change, Economic Growth and Trade: Case for Regional Reallocation of Investment in India

The economic structure and rates of growth across the states in India are markedly different, with significant disparities in income per capita growth as well as sector-specific performance. The high-...

by Alokesh Barua | On 21 Mar 2016

A Case for China’s Security Role in South Asia

The paper focuses on the constructive role that China can play in enhancing security in South Asia. The potential contribution that China can make to enhancing non-traditional security in the region i...

by Ramandeep Kaur | On 21 Mar 2016

Rural Diversification: What Hope for the Poor?

This short paper considers the poverty impacts of livelihood diversification and the potential challenges of creating a pro-poor rural non-farm economy (RNFE). Rural diversification can be defined as...

by Daniel Start | On 20 Mar 2016

Structural Transformation in the North-Eastern Region of India: Charting out an agriculture-based development policy

In this paper we attempt to explore the process of structural transformation in the North Eastern States of India, positing it in the paradigm of agriculture led development. The paper tries to examin...

by Alwin D’souza | On 16 Mar 2016

Structural Change and Non-Standard Forms of Employment in India

In the context of EU and OECD countries, formal employment contracts between the employer and employee for full time work can still be taken to be the norm, despite the growth of non-standard forms of...

by | On 15 Mar 2016

Towards Rules of the Monetary Game

There are few areas of robust growth around the world, with the IMF repeatedly reducing its growth forecasts in recent quarters. This period of slow growth is particularly dangerous because both ind...

by Raghuram G. Rajan | On 14 Mar 2016

Rebalancing Act: China’s Fiscal Reform Challenge

This policy brief examines China’s inter-connected economic challenges of structural and fiscal reform, arguing that promotion of domestic consumption away from fixed-asset investment could further ex...

by | On 12 Mar 2016

Determinants of Child Health: An Empirical Analysis

Infant and child mortality rates in India have fallen by almost half from the time of adoption of millennium development goals to 2012 but there has not been a concurrent decrease in morbidity and und...

by Sowmya Dhanaraj | On 10 Mar 2016

Mimap Synthesis Report: Major Conclusions and Policy Implications

Pakistan has implemented various structural change and stabilisation programmes over the last twelve years with a view to improving the levels of efficiency and consequently higher levels of output an...

by A.R. Kemal | On 10 Mar 2016

Distributional Impact of Structural Adjustment on Income Inequality in Pakistan: A SAM-based Analysis

This study intends to analyze the impact of fiscal policy relating to subsidies (production and consumption subsidies), government current expenditure and expenditure on health and education on income...

by Zafar Iqbal | On 10 Mar 2016

Economic Crises, High Public Pension Spending and Blame-avoidance Strategies: Pension Policy Retrenchments in 14 Social-insurance Countries, 1981–2005

This paper examines the determinants of the timing of public pension policy retrenchments in 14 affluent democracies. Available research does not satisfactorily capture the multidimensionality of thes...

by | On 09 Mar 2016

German Varieties of Capitalism and Varieties of Macroeconomic Policy: Are Some Economies More Procyclical Than Others?

The role of macroeconomic policy in the different varieties of capitalism has been largely ignored. Recent contributions to the literature have argued that nonliberal economies should be expected to h...

by | On 09 Mar 2016

Corporate Debt Market in India: Key Issues and Some Policy Recommendations

This paper presents an overview of the corporate debt market in India. A study of the structure and the status of the corporate debt market along with the current policies initiated by Securities and...

by M. T. Raju | On 28 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

Operationalising Regimes and Recognising Actors: Responding to Crises in Southeast Asia

Southeast Asia as a region has a unique history, and the evolving relationships between its communities, states, regional organisations and the international community reflect this. Given this context...

by Alistair Cook | On 24 Feb 2016

Indonesia’s National Defence Forces: Recent Strategic Changes and Implications

Following President SusiloBambangYudhoyono’s re-election in November 2009, the Indonesian National Defence Forces (TNI) have been undergoing several significant structural changes. What are the implic...

by | On 23 Feb 2016

Development Strategy, Optimal Industrial Structure and Economic Growth in Less Developed Countries

In this paper, we develop an endogenous growth model that combines structural change with repeated product improvements. There are two sectors in the present paper, one is traditional sector, and the...

by Justin Yifu Lin | On 23 Feb 2016

Civil Servants’ Salary Structure

The paper looks at the trends in nominal and real salaries of the Federal Government employees over the period 1990-2006. It examines the structural defects in the existing salary structure and the an...

by Faiz Bilquees | On 18 Feb 2016

Economic Stability and Choice of Exchange Rate Regimes

The purpose of this paper is to emphasize the importance of Europe’s structural problems and governance as the cause of the current euro area crisis. The euro may have led to bubbles, but member econo...

by Sahoko Kaji | 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

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

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

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

North Korea’s Third Hereditary Succession: Determining Factors and Hidden Meanings

North Korea appointed Kim Jong Un, the youngest son of Kim Jong Il, to the position of vice-chairman of the Central Military Commission of the Workers' Party of Korea (WPK) at the third Party Conventi...

by | On 09 Feb 2016

Price Setting Behaviour of Pakistani Firms: Evidence from Four Industrial Cities of Punjab

Since the introduction of rational expectations in the literature, most of the research focus in the area of macroeconomics has been investigating micro foundations of macroeconomic theory and transmi...

by Wasim Shahid Malik | On 06 Feb 2016

A Dynamic Macroeconometric Model of Pakistan’s Economy

In this study, an attempt has been made of develop a dynamic macroeconometric model of Pakistan’s economy to examine the behaviour of major macroeconomic variables such as output, consumption, investm...

by Muhammad Arshad Khan | 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

The Determinants of Food Prices: A Case Study of Pakistan

Controlling prices is one of the major tasks for the macroeconomic policy-makers. The recent oil price hike that shifted the policy towards biofuels and some natural calamities increased food prices a...

by Henna Ahsan | On 06 Feb 2016

Food Security Post-2015: What Countries Need to Do So That Regional Collaboration Can Be Effective

Attempts to explain why ending hunger has been so hard, so here the focus is on four main themes: the complex role of markets, the importance of government policies, the historical process of structur...

by C. Peter Timmer | On 03 Feb 2016

Structural Change, Global Imbalances, and Employment in the Least Developed Countries

This paper addresses the effects of changes in the level and composition of global demand, and especially of global rebalancing, on trade flows and employment from a demand perspective. It emphasizes...

by International Centre for Sustainable Trade and Development | On 03 Feb 2016

A Truly Green Agricultural Revolution is Needed

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

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

Regional Economic Integration in South Asia: Prospects and Challenges

This paper dwells upon some of the conceptual issues pertaining to regional economic cooperation in general and specific to the South Asian region. It also documents the progress made in SAARC, the SA...

by Ram Upendra Das | On 30 Jan 2016

Glacier Systems and Seasonal Snow Cover in Six Major Asian River Basins: Water Storage Properties under Changing Climate

The publications in this series cover a wide range of subjects—from computer modeling to experience with water user associations—and vary in content from directly applicable research to more basic stu...

by Vladimir Smakhtin | On 28 Jan 2016

Internal Migration in Developing Economies: An Overview

An overview is provided of the state of knowledge on internal migration in developing economies, with particular emphasis on recent contributions to the literature. The overview is divided into five s...

by | 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

Agriculture and Structural Transformation in Developing Asia: Review and Outlook

Extrapolating from past trends, and taking to account emerging conditions, many countries of developing Asia will be expected to move on to the next phase of agricultural development; however even in...

by Roehlano M. Briones | On 25 Jan 2016

Engaging Men for Effective Activism against Sexual and Gender-based Violence

To maximise the potential of working with men to ensure inclusion, and sustainability in the response to SGBV, the global programme on Effective Organised Activism against Gender-based Violence highli...

by Institute of Development Studies IDS | On 23 Jan 2016

The Growth-Employment Relationship Since 2000

This discussion paper is a brief assessment of the employment challenge that become manifest in the Indian economy during the past decade. It analyses various available economic indicators and present...

by Shipra Nigam | On 21 Jan 2016

Economic Crises and Migration: Learning From the Past and the Present

Following from the Global Economic Crisis of 2008, the paper comprises four substantive sections. The first offers the briefest of descriptions of the economic crisis. It is followed by a discussion o...

by | On 20 Jan 2016

Dietary Diversity and Women’s BMI among Farm Households in Rural India

The evidence on the link between agriculture and nutrition has so far been tenuous. On the one hand, undernutrition rates are severe and more widespread among those involved in agriculture. This evide...

by R V Bhavani | On 19 Jan 2016

Neoliberal Development Macroeconomics: A Consideration of its Gendered Employment Effects

This paper expands on this contention, reviewing the primarily empirical research on the employment impacts of the macroeconomic policy environment, with a particular focus on women’s employment whene...

by | On 19 Jan 2016

Social Institutions & Gender Index : 2014 Synthesis Report

Discrimination against women and girls carries a high development cost. This third edition of the SIGI captures and measures gender-based discrimination in social institutions- social norms, practices...

by OECD Development Centre | On 13 Jan 2016

The Imprudence of Labour Market Flexibilization in a Fiscally Austere World

This paper assesses the effects of combining fiscal austerity with flexibilization policies aimed at reducing labour costs and increasing competitiveness. Core to our analysis is a global perspective...

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

South Asia’s Economic Changes and Diaspora Groups

The paper looks at the flow of ideas from the South Asian Diaspora groups to their original homelands. This is occurring in the areas of economic management and political change. As a result of the in...

by Shahid Javed Burki | 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

Asia-Latin America Free Trade Agreements: An Instrument for Inter-Regional Liberalization and Integration?

Trade integration and free trade agreement (FTA)-led cooperation between Asia and Latin America has increased since the early 2000s. Using new criteria, this paper examines whether Asia-Latin America...

by Ganeshan Wignaraja | On 07 Jan 2016

Labour Migration for Employment: A Status Report for Nepal

This report reflects efforts to capture the trends in labour migration from Nepal, identify the structural gaps and suggests ways to move forward for the Government and stakeholders. Although various...

by The Asia Foundation | On 02 Jan 2016

Social Protection Brief: Social Security Reform and Economic Modeling Capacity Building in Indonesia

While official poverty in Indonesia is relatively low at 12%, an additional 27% of the population live just above the poverty line and small shocks can drive them back into poverty. Poor and vulnerabl...

by Kefei You | On 01 Jan 2016

Universal Access for Women and Girls

This report presents findings from a study undertaken to understand the barriers that inhibit access to HIV services for women. Two different scenarios were studied - female sex workers and wives of m...

by United Nations Development Programme (UNDP) | On 01 Jan 2016

The Relationship between Structural Change and Inequality: A Conceptual Overview with Special Reference to Developing Asia

Structural change has a far-reaching impact on inequality. Extensive structural change is both a cause and consequence of the exceptionally rapid economic growth, which enabled developing Asia to rais...

by Donghyun Park | On 30 Dec 2015

Three Arrows of 'Abenomics' and the Structural Reform of Japan: Inflation Targeting Policy of the Central Bank, Fiscal Consolidation, and Growth Strategy

“Abenomics” refers to the economic policies advocated by Prime Minister Shinzo Abe who became prime minister of Japan for a second time when his party, the Liberal Democratic Party, won an overwhelmin...

by Farhad Hesary | On 29 Dec 2015

Mapping Barriers to Trade in South Asia

This paper, Mapping Barriers to Trade in South Asia, examines the structural and procedural barriers to South Asian trade. In doing so, it finds many of these barriers are not as rooted in regional ge...

by Sagar Prasai | On 26 Dec 2015

Macroeconomic Effects of Oil Price Fluctuations on Emerging and Developed Economies in a Model Incorporating Monetary Variables

The goal of this paper is to examine the impact of crude oil price movements on two macro variables, the gross domestic product (GDP) growth rate and the consumer price index (CPI) inflation rate, in...

by Naoyuki Yoshino | On 23 Dec 2015

Can basic entrepreneurship transform the economic lives of the poor?

The world’s poorest people lack capital and skills and toil for others in occupations that others shun. Using a large-scale and long-term randomized control trial in Bangladesh this paper demonstrates...

by Munshi Sulaiman | 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

Democracy in Bhutan: An Analysis of Constitutional Change in a Buddhist Monarchy

The report attempts to provide a comprehensive overview of the constitutional developments in the Kingdom of Bhutan. Starting from the premonarchy era and looking closely at the different phases of m...

by | On 17 Dec 2015

Government Intervention in Grain Markets in India: Rethinking the Procurement Policy

This paper reviews the rice procurement operations of the Government of India from the standpoints of cost of procurement as well as effectiveness in supporting farmers’ incomes. The two channels used...

by Neha Gupta | On 02 Dec 2015

Developments In Higher Education In India – A Critique

The strategy of economic development followed by India from 1951 onwards started undergoing changes from the middle of the eighties. The Soviet model of central planning of the economy started yield...

by Reji Raman | On 10 Nov 2015

Global Employment Trends for Youth 2015

The Global Employment Trends for Youth 2015 provides an update on key youth labour market indicators and trends, focusing both on the continuing labour market instability and on structural issues in y...

by | On 28 Oct 2015

Public Good Provision in Indian Rural Areas: The Returns to Collective Action by Microfinance Groups

Self-help groups (SHGs) are the most common form of microfinance in India. The authors provide evidence that SHGs, composed of women only, undertake collective actions for the provision of public good...

by | On 01 Oct 2015

Book Review: Universal Man: The Seven Lives of John Maynard Keynes

Review of Universal Man: The Seven Lives of John Maynard Keynes by Richard Davenport-Hines. New York: Basic Books, 2015. 418 pp. Rs. 1,729/- (cloth), IISBN-13: 978-0007519804.

by John Graham | On 23 Sep 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

Poverty Reduction in China and India: Policy Implications of Recent Trends

This paper compares the experience of poverty reduction in China and India. It finds that more than economic growth per se, what has mattered crucially is the nature of the growth: whether it is assoc...

by Jayati Ghosh | On 21 Aug 2015

Structural Changes in a Small and Open Economy: Evidences from Nepal

This paper reviews existing structural transformation models and prominent literatures and then empirically examines Nepalese economic structure. The research findings reveal that industrial sector is...

by | On 17 Aug 2015

The BPO Challenge: Leveraging Capabilities, Creating Opportunities

There may not be a single standard approach to developing the ICT-BPO sector, the successful experiences of developing countries can provide useful insights and practical lessons for countries contemp...

by Fatima Lourdes E. Del Prado | On 12 Aug 2015

Economic Transition and Private-Sector Labor Demand: Evidence from Urban China

This paper studies the policy determinants of economic transition and estimates the demand for labor in the infant private sector in urban China. It shows that a reform that untied access to housing i...

by Lakshmi Iyer | On 20 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

Trade Liberalisation and Women’s Employment Intensity: Analysis of India’s Manufacturing

In the context of increasing contribution of developing countries in world trade, an important question is whether trade can be used as an instrument to stimulate higher participation of women in the...

by Purna Banerjee | On 25 Jun 2015

Infrastructure Gap in South Asia: Infrastructure Needs, Prioritization, and Financing

If the South Asia region hopes to meet its development goals and not risk slowing down or even halting growth, poverty alleviation, and shared prosperity, it is essential to make closing its huge infr...

by World Bank | On 27 Apr 2015

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

Investing in Health for Economic Development in Vietnam

This report present the findings from a mission undertaken by the authors in Vietnam in 2005. This report provides some of the particular aspects of the health sector from an economic perspective. It...

by | On 24 Mar 2015

Structural Changes in India’s Foreign Trade

This working paper reflects Indis's domestic production on exports and imports. The paper also highlights upon India’s two policy instruments, namely price controls and reserving market segment for sm...

by | On 18 Mar 2015

Economic Survey 2014-15: Vol II

State of the Economy - an overview Public Finance monetary management and financial intermediation External Sector Price, Agriculture and Food Management Industrial, Corporate and Infrastructur...

by Ministry of Finance | On 28 Feb 2015

Global Economic Prospects

The report argues the recent setback in global economy and ways to strengthen the growth in developing countries. with a view to undertake growth and recovery in high-income countries, there is need t...

by World Bank | On 14 Jan 2015

Neighborhood and Agricultural Clusters across States of India

In this study how number and members of income clusters have changed in Indian agriculture over the last four and a half decades are traced. Two features which stand out in our results are that not a...

by Tirtha Chaterjee | On 14 Nov 2014

India's Public Distribution System: A National and International Perspective

This study examines the impact of India's Public Distribution System (PDS) on poor households in terms of income gains, reductions in the incidence and severity of poverty, as well as nutritional impr...

by R. Radhakrishna | On 07 Jul 2014

Global Employment Trends for Youth 2013: A Generation at Risk

This issue of Global Employment Trends for Youth provides an update on youth labour markets around the world, focusing both on the continuing labour market crisis and on structural issues in youth lab...

by International Labour Organisation ILO | On 30 May 2014

Growth and Structure of Employment in India: Long term and Post Reform Performance and the Emerging Challenge

This paper describes the growth and structural changes in employment in the long and short periods, with a special focus on the period since economic liberalisation. It assesses the employment challen...

by T. S. Papola | On 23 May 2014

Structural Reforms and Agriculture: Issues and Policies

The performance of Agriculture in India is important as the sector not only contributes to overall growth of the economy but also provides employment and food security to majority of the population...

by S. Mahendra Dev | On 23 Jan 2014

Skill Development Initiatives in India

Structural changes in the Indian economy have precipitated changes in the patterns of demand for industrial labour. Recent trends in the composition of employment indicate that the Indian workforce is...

by Sandhya Srinivasan | On 22 Jan 2014

Reach out to Peasant Women: A Study from Punjab

Review of the book Those who did not die: Impact of Agarian Crisis on Women in Punjab by Gursharan Singh Kainth.

by Gursharan Singh Kainth | On 15 Apr 2013

Has India Emerged? Business Cycle Stylized Facts from a Transitioning Economy

A comprehense documentation - using both annual and quarterly data - an exhaustive set of stylized facts for the Indian business cycle in the pre and post reform period, the data is used to report...

by Chetan Ghate | On 19 Jun 2012

BMC Budget 2012-13

Budget presented to Municipal Commissioner. . [BMC Annual Reports]. URL:[http://www.mcgm.gov.in/irj/go/km/docs/documents/MCGM%20Department%20List/Chief%20Accountant%20(Finance)/Budget/Complete%20Engli...

by Municipal Commissioner BMC | On 22 Mar 2012

Services-led Growth, Employment and Job Quality: A Study of Manufacturing and Service-sector in Urban India

This is a study of employment growth, structure, and job quality outcomes in manufacturing and service-sector in urban India spanning the period 1999-2000 to 2009-10. The context is that of dynamic...

by K.V. Ramaswamy | On 12 Mar 2012

Challenges in IMS Reforms: A Global and Emerging Markets Perspective

The current global financial crisis has reopened an old debate on the international monetary system by baring weaknesses and flaws that have long been known. The debate is centred on both stability an...

by Alok Sheel | On 10 Jan 2012

A Conceptual Overview of Structural Equation Modeling

A synthesized version of Structural Equation Modelling (SEM) and its possible applications in Management problems is presented. The main contribution of the paper is its simple description of a some...

by Tathagata Banerjee | On 27 Dec 2011

Do Auction Bids Betray Expectations-Based Reference Dependent Preferences? A Test, Experimental Evidence, and Estimates of Loss Aversion

A novel experimental auction design that exploits an exogenous variation in the probability of winning to test for the presence of expectations-based reference dependent preferences is provided. [Wo...

by Abhijit Banerji | On 22 Nov 2011

In Search of Growth

With deep crisis weakening potential output growth, the need for an explicit growth policy is emerging most starkly in Japan, the EU and the US. If properly shaped, this will help to consolidate bud...

by Klaus Deutsch | On 21 Nov 2011

The Land Acquisition, Rehabilitation and Resettlement Bill, 2011

A bill to ensure a humane, participatory, informed consultative and transparent process for land acquisition for industrialisation, development of essential infrastructural facilities and urbanisa...

by Parliamentary Research Service PRS | On 08 Sep 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

Challenges and Opportunities in a Trillion Dollar Economy

The Indian economy reached the trillion US dollar GDP milestone in 2007 and joined other countries of the trillion dollar club, namely, the US, UK, Japan, Germany, China, France, Italy, Spain, Canada,...

by Chakrabarty K C | On 21 Jun 2011

Has India Emerged? Business Cycle Stylized Facts from a Transitioning Economy

This paper presents a comprehensive set of stylised facts for business cycles in India from 1950 - 2009. India's business cycle in the pre 1991 economy is compared with the post 1991 Indian economy,...

by Ila Patnaik | On 27 Apr 2011

Social and Economic Policies to Prevent Complex Humanitarian Emergencies Lessons from Experience

In simple language and with numerous concrete examples, this policy brief analyses the impact - among others - of key ex-ante factors such as acute 'horizontal inequality' between social groups in the...

by Jeni Klugman | On 22 Mar 2011

Survey of Corporate Governance Practices in Indonesia, Thailand and Korea

Poor corporate governance is viewed as one of the structural weaknesses responsible for the outbreak of the Asian crisis in late 1997. Controlling family owners could pursue private interests with r...

by Sang-Woo Nam | On 09 Mar 2011

Structural Adjustment in India: A Survey of Recent Studies & Issues for Further Research

Since the early nineties the Indian economy has been subjected to a process of stabilization-cum-structural adjustment. Stabilization involves short-term demand management through monetary and fiscal...

by K.J. Joseph | On 28 Jan 2011

What Accounts for China’sTrade Balance Dynamics?

This paper proposes a structural VAR model which extends the frameworks of Hoffmaister and Roldós (2001) and Prasad (1999). The model is then used to analyse the sources of China’s trade balance flu...

by Yin Zhang | On 07 Jan 2011

At Different Speeds: Policy Complementarities and the Recovery from the Asian Crisis

This paper begins with a short review and discussion of the literature on policy complementarities and their implications in terms of (sustainable) growth strategies and the possible emergence of a ne...

by Bruno Rocha | On 09 Dec 2010

Agribusiness in South Asia: A Fact Sheet

Agribusiness is the single largest sector of the economy in many developing countries and is growing fast. The present paper examines the situation of agribusiness in different countries of South Asia...

by Sukhpal Singh | On 09 Dec 2010

Does the HIPC Initiative Achieve its Goal of Debt Sustainability?

This paper examines the question if the Heavily Indebted Poor Country (HIPC) Initiative provides a good basis for the HIPCs to exit from repeated debt rescheduling. Building on other reviews of the...

by Bernhard G. Gunter | On 23 Nov 2010

The Effect of IMF and World Bank Programmes on Poverty

Structural adjustment, as measured by the number of adjustment loans from the IMF and World Bank, reduces the growth elasticity of poverty reduction. Growth does reduce poverty, but the author find...

by William Easterly | On 19 Nov 2010

Import and Domestic Production of Capital Goods From Substitution to Complementarity

Structural Adjustment is aimed at altering the Incentive framework for private enterprise so as to bring it to the centre stage of domestic economic activity. The prime mover for investment and grow...

by D. Narayana | On 08 Nov 2010

Going private

Many structural changes have taken place in the economy over the past two decades — a greater share for international trade in GDP, higher savings and investment rates, even increased investment in in...

by T.N. Ninan | On 01 Nov 2010

Finance of Modern Economic Growth - The Historical Role of Agricultural Resources

The importance of an 'agricultural surplus' for the structural transformation accompanying economic growth is often stressed in development literature. 'Agricultural surplus', defined as the physical...

by Ashoka Mody | On 21 Oct 2010

Transforming the North-East: Tackling Backlogs in Basic Minimum Services and Infrastructural Needs

The Prime Minister's economic package and offer of unconditional talks announced on the occasion of his visit to the Northeast last October has aroused great expectations in the Region. The conseque...

by Planning Commission | On 21 Oct 2010

Inflation and Economic Growth in Bangladesh: 1981-2005

This paper empirically explores the present relationship between inflation and economic growth in the context of Bangladesh. Using annual data set on real GDP and CPI for the period of 1980 to 2005, a...

by Shamim Ahmed | On 14 Oct 2010

Looking Beyond Literacy: Disparities in Levels of and Access to Education in a Kerala Village

This paper makes an attempt at understanding why inequalities continue to exist in the educational profile of the population despite high literacy, universal enrollment in schools and relatively be...

by Suma Scaria | On 12 Oct 2010

Applying the Lessons of Asia: The IMF’s Crisis Management Strategy in 2008

The paper examines the recent European crisis management programs of the International Monetary Fund (IMF) to see how the lessons of Asia were applied. Compared to the Asian programs of 1997, the Euro...

by Shinji Takagi | On 11 Oct 2010

Long Term Trends in the Growth and Structure of the Net State Domestic Product in Kerala

Kerala has been a model to other states for her achievements in social development. But in terms of economic growth her performance has for long been very poor and a matter of deep concern. In this...

by P. Mohanan Pillai | On 08 Oct 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

Issues in Infrastructure for Export of Rice from India

Rice is exported in two varities, basmati and non-basmati. The basmati rice exports are in three categories: white, brown and parboiled. India earned Rs 18.4 billion in 2001-02 from exports of basmati...

by G. Raghuram | On 15 Jul 2010

External Assistance for Urban Development: A Scoping Study for Further Research

Analysis of developing country cities indicates that neither policy frameworks nor infrastructural investments have kept up with urban growth, that the wrong choices with long-term consequences are be...

by Homi Kharas | On 20 May 2010

Human Resources for Health: Requirements and Availability in the Context of Scaling-Up Priority Interventions in Low-Income Countries

The purpose of this study was to explore the role and importance of human resources for the scaling up of health services in low income countries. In the case studies, the following have been analyze...

by Christoph Kurowski | On 28 Jan 2010

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

Essential Drugs in Government Healthcare: Emerging Model of Procurement and Supply

Medicines are important in curing and preventing diseases, and hence, the ultimate goal of `Health for All’ cannot be achieved if people do not have adequate access to essential drugs. Evidences show...

by Lalitha N | On 14 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

Government Spending, Trade Openness and Economic Growth in India: A Time Series Analysis

The study examines the impact of aggregate government expenditure and its two broader components such as revenue expenditure and capital expenditure on the growth rate of output in the Indian contex...

by Hrushikesh Mallick | On 22 Dec 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

Evolving Structural Patterns in the Enlarging European Division of Labour: Sectoral and Branch Specialisation and the Potentials for Closing the Productivity Gap

Within the past decade, national levels of labour productivity in CEECs have converged significantly towards the levels predominant in the EU. Yet, levels are still significantly lower, large gaps are...

by Dr Johannes Stephan | On 16 Sep 2008

Structural Modeling under Challenge

It is interesting to note that nearly three decades of new paradigms in macroeconomic theory and policy have hardly gone beyond the ivory towers of the academic world. The extent to which a scientif...

by V. Pandit | On 28 Aug 2008

New issues in Indian macro policy

For many decades, macro-policy in India was conducted in an environment with five key elements: ˆ Agricultural shocks rather than a conventional business cycle; A closed economy; deeply distorti...

by Ajay Shah | On 13 May 2008

Book Review: Symbolic Ordering in Communication Process

Review of The Social and the Symbolic edited by Edited by Bernard Bel, Jan Brouwer, Biswajit Das, Vibodh Parthasarathi, Guy Poitevin; Sage, New Delhi; 2007, pp 481, Rs 895.

by Ratnawali Sinha | On 22 Jan 2008

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

Globalization and Structural Changes in the Indian Industrial Sector: An Analysis of Production Functions

The paper reports a study to investigate the structural changes in the manufacturing sector of India (possibly) brought about by liberalization and globalization of the economy. It assesses the struct...

by S.K. Mishra | On 09 Jan 2007

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

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

Raising the Tax Ratio by Reining in the 'Tax Breaks': An Agenda for Action

The increase in direct taxes has not been able to offset the decline that resulted from the reduction in customs tariff and decline in excise revenue. The task facing the policymakers now is to explor...

by Amaresh Bagchi | On 01 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

Real Sector Shocks and Monetary Policy Responses in a in a financially vulnerable Emerging Economy

When analyzing the appropriate response for monetary policy during a currency crisis it is important to keep in mind two distinct channels: (a) the impact of raising interest rates on exchange rates...

by Ramkishen S. Rajan | On 27 Jan 2006