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The Noel D'Cunha Sunday Column: The Tale of Typesetting

The first time, printing interns at PrintWeek saw an old newspaper, they were stupefied. It was so difficult to imagine typesetting, one by one, by hand, every tiny letter of metal in complex lockups...

by Noel D'Cunha | On 14 Feb 2021

Weekend Ruminations: Advice for shoot-from-the-hip nationalists: Take aim before firing

It's all good to be tactical - keep China out of strategic markets; hit back in the same coin if it looks to keep India's key sectors out - but don't shoot yourself in the foot.

by T.N. Ninan | On 21 Jun 2020

COVID-19 and Macroeconomic Uncertainty: Fiscal and Monetary Policy Response

The macroeconomic uncertainty created by COVID-19 is hard to measure. The situation demands simultaneous policy intervention in terms of public health infrastructure and livelihood. Along with the g...

by Lekha S. Chakraborty | On 29 Apr 2020

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

Exchange Rate Movements and Fundamentals: Impact of Oil Prices and the People’s Republic of China’s Growth

This paper identifies five factors that can capture 95% of the variance across 39 US dollar exchange rates based on the principal component method. A time-varying parameter factor-augmented vector aut...

by Hongyi Chen | On 01 Apr 2019

Price Discovery in Indian Government Securities Market, Monetary Management and the Cost of Government Borrowing

Over 2017-18 there was a sharp rise in Indian government securities (G-Secs) interest rates unrelated to fundamentals. Examining each of the standard explanatory variables shows them to be inadequate...

by Ashima Goyal | On 29 Mar 2019

Money and Central Bank Digital Currency

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

by Sayuri Shirai | On 18 Feb 2019

International Monetary Affairs in the Inter War Years: Limits of Cooperation

There were intensive efforts at monetary cooperation in the interwar years to overcome the imbalances accumulated during the war years to reduce the rate of inflation, reduce the rate of unemployment...

by Manmohan Agarwal | On 01 Feb 2019

Towards India’s New Fiscal Federalism

The paper explored deep analytical issues such as the nature of the objective function to be optimized, planning horizon, choice of the discount rates, etc. No wonder, his book “Capital and Developmen...

by Vijay Kelkar | On 30 Jan 2019

Testing the Friedman-Schwartz Hypothesis Using Time Varying Correlation

This study analyses the time varying correlation of money and output using the DCC GARCH model for the Euro, India, Poland, the UK and the US. Apart from simple sum money, this model uses Divisia mone...

by Taniya Ghosh | On 30 Jan 2019

Expected Work Experience: A New Human Capital Measure

This paper constructs a better proxy: expected work experience—the sum of the annual probabilities that an individual worked in the past. This measure can be generated using commonly available data on...

by Joseph E. Zveglich, Jr | On 28 Jan 2019

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

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

by Nguyet Thi Minh Phi | On 28 Jan 2019

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

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

by Ila Patnaik | On 23 Jan 2019

Asian Development Outlook Forecast Accuracy 2007–2016

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

by Benno Ferrarini | On 22 Jan 2019

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

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

by Cyn-Young Park | On 26 Oct 2018

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

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

by Maria Teresa Punzi | On 19 Oct 2018

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

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

by Dean Karlan | On 04 Oct 2018

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

Rationale and Institution for Public – Private Partnerships

Private–public partnership (PPP) methods are considered to be an effective way to narrow the gap between demand and supply of social infrastructure. If successfully pursued, PPP can deliver benefits t...

by Jungwook Kim | On 19 Sep 2018

Investing in Health Security for Sustainable Development in Asia and the Pacific: Managing Health Threats Through Regional and Intersectoral Cooperation

Asia is a hot spot for emerging and reemerging infectious diseases, including those with pandemic potential. At the same time, the region is grappling with growing antimicrobial resistance and the hea...

by Megan Counahan | On 24 Aug 2018

Macroeconomic Overview of the Philippines and the New Industrial Policy

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

by Maureen Ane D. Rosellon | On 06 Jul 2018

Countering the Discriminatory Impact of Minimum Wages Against Disadvantaged Workers: Literature Review and Experimental Design Development

This research reviews the global experience on initiatives to counter the discriminatory impact of LMW and related labor regulations. It also summarizes the analyses done to date for similar programs...

by Aniceto C. Orbeta Jr. | On 03 Jul 2018

Analyzing Decisiveness of Migration Intentions: Social Kinship that Matters

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

by Aubrey D. Tabuga | On 28 Jun 2018

Preliminary Environmental Impact Assessment (EIA) Study of China-Pakistan Economic Corridor (CPEC) Northern Route Road Construction Activities in Khyber Pakhtunkhwa (KPK), Pakistan

Pakistan-China relations date back to the Silk Route, but the formal ties began in 1950. Pakistan was the first Muslim country to recognize China as People's Republic and Pakistan International Airlin...

by Mahmood A. Khwaja | On 28 Jun 2018

Cash Holdings and Tax Evaded Incomes in India – A Discussion

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

by R. Mohan | On 21 Jun 2018

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

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

by Farhad Taghizadeh-Hesary | On 09 Jun 2018

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

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

by Carlos De Resende | On 09 Jun 2018

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

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

by Cyn-Young Park | On 06 Jun 2018

Demographics and FDI: Lessons from China’s One-Child Policy

Lucas (1990) argues that the neoclassical adjustment process fails to explain the relative paucity of FDI inflows from rich to poor countries. In this paper we consider a natural experiment: using Ch...

by | On 02 May 2018

Forward Guidance

The paper assesses the power of forward guidance—promises about future interest rates—as a monetary tool in a liquidity trap using a quantitative incomplete-markets model. The results suggest the effe...

by Marcus Hagedorn | On 24 Apr 2018

Understanding Well-Being: An Indian Experience

Book Review of Sociology of Well-Being: Lession from India. by Steve Derne Sage India, 2017, Rs.850 INR, (Harcover) Pp.xv+327, ISBN: 9789385985720

by Kishor Podh | On 24 Apr 2018

Special Economic Zones for Myanmar

This report examines the current state of Myanmar’s industrial sector, draws comparisons to its neighboring countries, and discusses the potential impacts of SEZ policy on the economy. A key finding...

by Amit K. Khandelwal | On 12 Apr 2018

Beyond Borders: A Report Produced by the Environmental Justice Foundation Our Changing Climate – Its Role in Conflict and Displacement

Climate change is an environmental and a human rights issue. EJF views climate change as a primary threat to world peace and security, development and human rights in the 21st century.

by Environmental Justice Foundation (EJF) | On 06 Apr 2018

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

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

by | On 27 Mar 2018

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

University – Industry Collaborations: Asian Experience

Literature on the relationships and collaborations between universities, government aided research institutions and industrial enterprises is very rich. However, most of the studies deal with the Eu...

by N.S. Siddharthan | On 26 Mar 2018

An Ethnographic Study of the Mathru Poorna Yojana (One Full Meal) Pilot Project for Pregnant and Lactating Mothers in Two Blocks of Two Districts in Karnataka

The present study was undertaken to review the pilot implementation of the programme and its uptake by beneficiaries, in order to provide data to the DWCD, before scaling up the programme to all distr...

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

Urbanization and India’s Slum Continuum: Evidence on the Range of Policy Needs and Scope of Mobility

In contrast with historical precedent, urbanization across the Global South is associated with increasing levels of urban poverty. These trends engender unique challenges for practitioners and schola...

by Emily Rains | On 21 Mar 2018

Exchange Rate Instability and Trade: The Case of Pakistan

The paper says that the exchange rate is a vital macroeconomic variable and backbone of trade.

by M. Ali Kemal | On 19 Mar 2018

Tribute: Death of a Physicist Stephen Hawking 1942 - 2018

Stephen William Hawking, physicist, born January 8, 1942, died on March 14, 2018, aged 76. By the time he was 21 he was diagnosed to be suffering from an unspecified incurable disease, later identifie...

by S. Srinivasan | On 19 Mar 2018

Monetary Policy: Its Changing Objectives, Instruments and Results

This paper seeks to examine how the objectives of monetary policy have changed over the years from one of supporting public investment to one of inflation control and still later to inflation targetin...

by | On 15 Mar 2018

Managing Financial Globalization: Insights from the Recent Literature

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

by Shang-Jin Wei | On 10 Mar 2018

Urban refugees in Delhi Refugee networks, faith and well-being

This paper explores the faith context of displacement and settlement for the Sikh and Christian Afghan refugees and Muslim Rohingya refugees in Delhi. It examines the foundation of community faith...

by | On 09 Mar 2018

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

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

by | On 06 Mar 2018

Social Rewards and the Design of Voluntary Incentive Mechanism for Biodiversity Protection on Farmland

The paper examines how endogenous social preferences could affect economic incentive design to encourage biodiversity protection on private land. A 'green' farmer may enjoy esteem from leading by exam...

by Rupayan Pal | On 22 Feb 2018

The Growth Slowdown and the Working of Inflation Targeting in India

The paper presents a variety of indicators to show that demand constrained output during the period of growth slowdown 2011-17. It also draws on research to show the macroeconomic structure of the eco...

by Ashima Goyal | On 22 Feb 2018

In the Long Run We are Dead, says Keynes Amen, says the Government!

This is a dreamy and populist Budget talking high numbers while missing out on empirical realities. The irony is that, looked at closely, it has neither pleased the free market theorists nor has it do...

by K.R. Shyam Sundar | On 09 Feb 2018

Enhancing Climate Resilience of India’s Coastal Communities

The project aims to enhance the resilience of the lives and livelihoods of the most vulnerable populations, particularly women, in the coastal areas of India to climate change and extreme events.

by United Nations Development Programme (UNDP) | On 08 Feb 2018

Kerala Budget 2018-19

Budget speech of Finance Minister of Kerala.

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

Choosing Democracy: Natural Resource Management for Environmental Policy Makers, Donors and Practitioners

The brief talks about supporting local democracy in forestry is crucial for enhancing local people’s wellbeing.

by Jesse Ribot | On 02 Feb 2018

Economic Survey 2017: Volume II, Chapter 4: Prices and Inflation

Inflation in the country continued to moderate during 2017-18. CPI based headline inflation averaged 3.3 per cent during April-December 2017-18, the lowest in the last six financial years. The signi...

by Arun Jaitley | On 31 Jan 2018

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

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

by Arun Jaitley | On 31 Jan 2018

General practitioners and doping in sport: attitudes and experience

This article seeks to examine the attitudes to, and knowledge of, doping in sport of French general practitioners (GPs), and their contact with drug taking athletes on an everyday basis.

by | On 27 Jan 2018

Livelihoods, Conservation and Forest Rights Act in a National Park: An Oxymoron ?

National Parks in India are highly vulnerable due to excessive pressure on their ecosystems as a result of growing population and high dependency of forest dwellers on these resources. This has led...

by Syed Ajmal Pasha | On 24 Jan 2018

A Guide to Transparency Under the UNFCCC and the Paris Agreement

This guide is for government officials in Least Developed Countries (LDCs) who will be preparing reports and communications on their country’s climate change circumstances and actions under the UN Fra...

by | On 23 Jan 2018

Forward and Backward Linkages of Migrants to Slums in Delhi

Linkages with the native place as well as integration within the city constitute backward and forward linkages of slum dwellers. Remittances are important part of these linkages. The paper explores t...

by | On 18 Jan 2018

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

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

by K. V. Ramaswamy | On 16 Jan 2018

Inequality, Employment and Public Policy

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

by S.Mahendra Dev | On 16 Jan 2018

One Year Later.... Community Disaster Resilience Fund (CDRF), Learning From the Pilot Initiative in India

The paper says that the Community Disaster Resilience Fund (CDRF) is viewed as a mechanism to direct resources for DRR to at risk and vulnerable communities in the context of local implementation of t...

by National Alliance for Disaster Risk Reduction NADRR | On 10 Jan 2018

Survey of Parental Contribution in Basic Education

The Survey of Parent Contributions to Basic Education was required as a deliverable of ACDP 6, Free Basic Education Strategy. Its draft methodology and instruments were approved as a part of the proje...

by | On 19 Dec 2017

The Potential for Carbon Dioxide Equivalent Sequestration in Agro-Manitoba

The report says that Manitoba is a province rich in agricultural lands, where the agriculture sector is a cornerstone for the economy.

by International Centre and Sustainable Development | On 18 Dec 2017

Impact of India's Demonetization on Domestic Agricultural Markets

This paper estimates the impact on domestic trade in agricultural commodities of India's demonetization exercise that invalidated 86% of the currency in circulation. Using data on arrivals and prices...

by Nidhi Aggarwal | On 10 Dec 2017

Informal Workers in Global Horticulture and Commodities Value Chains: A Review of Literature

This paper presents and analyzes the key findings from a comprehensive review of value chain-related studies on the commodities and horticulture sectors, focusing on what this literature reveals about...

by Man-Kwun Chan | On 06 Dec 2017

Monetary Policy and Credit Demand in India and Some EMEs

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

by | On 01 Dec 2017

Does Information Empower the Poor? Evidence from Indonesia’s Social Security Card

In 2013, the Government of Indonesia conducted one of the largest information interventions in history, in an attempt to further alleviate poverty and as a complement to the Social Protection Card (KP...

by Achmad Tohari | On 20 Nov 2017

Demonetisation Post-Truths

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

by | On 17 Nov 2017

BRICS AND Illicit financial flows

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

by | On 25 Oct 2017

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

Selecting Appropriate Methodological Framework for Time Series Data Analysis

This paper discusses the properties of time series data, compares common data analysis methods and presents a methodological framework for time series data analysis

by Dr. Min Shrestha | On 09 Oct 2017

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

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

by Mahmood ul Hasan Khan | On 09 Oct 2017

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

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

by Sarthak Karki | On 06 Oct 2017

The Effects of Energy Price Changes: Heterogeneous Welfare Impacts, Energy Poverty, and CO2 Emissions in Indonesia

The empirical context of our study is Indonesia, a country with a long tradition of regulating consumer energy prices and a recent change in subsidy policies, facilitated by dramatically falling oil p...

by Sebastian Renner | On 29 Sep 2017

Optimal Inflation Rate for Nepal

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

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

Money's Causal Role in Exchange Rate: Do Divisia Monetary Aggregates Explain More?

The paper investigate the predictive power of Divisia monetary aggregates in explaining exchange rate variations for India, Israel, Poland, UK and the US, in the years leading up to and following the...

by Taniya Ghosh | On 18 Sep 2017

The Plutocratic Bias in the Indian CPI

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

by Dilip M. Nachane | On 18 Sep 2017

Monetary Transmission in India: Working of Price and Quantum Channels

The paper examines the strength and efficacy of transmission from the policy rate and liquidity provision to market rates in India, using event window regression analysis. The paper finds the interest...

by Ashima Goyal | On 15 Sep 2017

Livelihoods, Conservation and Forest Rights Act in a National Park: An Oxymoron?

The paper suggests certain measures to reduce the conflicts across conservation, livelihoods and forest rights. National Parks in India are highly vulnerable due to excessive pressure on their ecosyst...

by Subhashree Banerjee | On 07 Sep 2017

Womanhood Beyond Motherhood: Exploring Experiences of Voluntary Childless Women

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

by Chandni Bhambhani | On 07 Sep 2017

Chronic and Transient Poverty and Weather Variability in the Philippines: Evidence Using Components Approach

The paper narrates that the weather is an integral part of our life and weather shocks can have severe implications on income and on household consumption.

by Connie Bayudan-Dacuycuy | On 06 Sep 2017

Evaluation of Fiscal Incentives in the Philippines

This paper (1) assesses how the Philippines fares in attracting investments compared with its neighboring countries, and (2) evaluates pending incentive reforms in the country.

by Danileen Kristel C Parel | On 04 Sep 2017

Thirsting for Justice: Transparency and Poor People’s Struggle for Clean Water in Indonesia, Mongolia, and Thailand

This report explores the challenges facing rural communities in Indonesia, Thailand, and Mongolia when they try to obtain information on pollution and evaluates the multiple laws and pathways in e...

by Carole Excell | On 01 Sep 2017

India’s Phytonutrient Report - A Snapshot of Fruits and Vegetables Consumption, Availability and Implications for Phytonutrient Intake

The objective of the study is to understand the ‘actual’ consumption patterns of fruits and vegetables in India and compare this to the World Health Organization (WHO) ‘recommended’ quantity for an ad...

by Arpita Mukherjee | On 31 Aug 2017

Demonetisation: Macroeconomic Implications for Indian Economy

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

by Pradymna Rawat | On 09 Aug 2017

A Political Economy Analysis of the Southeast Asian Haze and Some Solutions

This paper studies the political economy of the Southeast Asian haze and discusses the obstacles that, unless overcome, could prevent a permanent and effective solution to this transboundary pollution...

by Parkash Chander | On 08 Aug 2017

Factors Influencing Indian Manufacturing Firms’ Decision to Hire Contract Labour

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

by Jaivir Singh | On 08 Aug 2017

Comparison of Consumer and Wholesale Prices Indices in India: An Analysis of Properties and Sources of Divergence

This paper provides a comparative assessment of CPI and WPI in terms of its key characteristics, particularly on the method of compilation, distributional properties and measures of underlying inflat...

by Praggya Das | On 04 Aug 2017

Balance of Payments Manual for India

The report says that the BoP, thus, includes all transactions showing: (a) transactions in goods, services and income between an economy and the rest of the world, (b) changes of ownership and other c...

by Reserve Bank of India RBI | On 03 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

Phillips Curve Relationship in India: Evidence from State-Level Analysis

This paper revisits the issue of determinants of inflation in India in a Phillips curve framework and makes two key contributions in relation to existing studies. First, in the context of the Reserve...

by Harendra Behera | On 03 Aug 2017

Indian Economy and Demonetisation: Way Forward

The delegalisation1 of the two highest value currency notes announced by Indian government on November 8th has created an impact on the economy at a scale which no other piece of policy has riva...

by | On 03 Aug 2017

Gender, Islam, and law

This paper considers arguments about Islam and women’s welfare, and, at greater length, how legal systems with Islamic elements treat women, with a focus on how women fare in Islamic family courts. Ke...

by John R. Bowen | On 02 Aug 2017

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

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

by | On 02 Aug 2017

Aid for Trade in Action

The case stories show clear results of how aid for trade programmes are helping developing countries to build human, institutional and infrastructure capacity to integrate into regional and global ma...

by World Trade Organisation WTO | On 02 Aug 2017

Rethinking Electricity Sector Reform in Developing Asia: Balancing Economic and Environmental Objectives

The OECD or ‘standard’ model of electricity sector reforms has been widely adopted in non-OECD Asian countries since the 1990s. However, despite two decades of attempts at reforms, no notable progress...

by Tooraj Jamasb | On 31 Jul 2017

Reconfiguring International Financial Institutions: The BRICS Initiative

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

by Manmohan Agarwal | On 31 Jul 2017

Does Government Borrowing Crowd out Private Sector Credit in Pakistan

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

by Sajjad Zaheer | On 31 Jul 2017

Energy, Poverty and Development: A Primer for the Sustainable Development Goals

The seventh goal of the Sustainable Development Goals (SDGs) is dedicated to ensuring access to affordable, reliable, sustainable and modern energy for all by 2030. While energy was implicit in the Mi...

by Hannah Goozee | On 28 Jul 2017

Sanitation Tool Compendium

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

by Shramana Dey | On 27 Jul 2017

Valuation of Subsoil Minerals: Application of SEEA for Bangladesh

The present paper is an attempt to conduct a valuation of the three most important exhaustible natural resources, viz., natural gas, coal and hard rock, via the System of Environmental-Economic Accou...

by Mahfuz Kabir | On 27 Jul 2017

Asia Bond Monitor - June 2015

The report narrates that the local currency bond market in emerging East Asia continued to expand in 1Q15 to reach US$8.3 trillion at end-March.

by Asian Development Bank Institute | On 24 Jul 2017

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

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

by Taniya Ghosh | On 21 Jul 2017

Aid for Trade in Asia and the Pacific: Promoting Connectivity for Inclusive Development

This report highlights emerging trends in AfT in the context of evolving trade performance in Asia and the Pacific.

by Asian Development Bank Institute | On 13 Jul 2017

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

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

by Asian Development Bank Institute | On 11 Jul 2017

Asia Bond Monitor - November 2015

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

by Asian Development Bank Institute | On 29 Jun 2017

Fiji: Building Inclusive Institutions for Sustained Growth - Executive Summary

The report says Fiji’s economy has seen 5 years of positive growth since 2010 - one of its few episodes of sustained growth since 1970. Growth averaged 3.3% a year during 2010-2014, which is nearly fo...

by Asian Development Bank Institute | On 27 Jun 2017

Digital Financial Services in the Pacific: Experiences and Regulatory Issues

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

by Asian Development Bank Institute | On 14 Jun 2017

Incentives for Reducing Disaster Risk in Urban Areas

The rapid growth of urban areas has often resulted in the siting of poorly designed infrastructure and assets in hazard-prone areas, increasing disaster risk.

by Asian Development Bank Institute | On 05 Jun 2017

Asian Development Outlook 2016 Supplement: Asia's Growth Prospects Undimmed by Brexit Vote

Growth in Central Asia is weaker than predicted, while expansion in the Pacific is now expected to be a touch higher. Forecasts are unchanged for East, South, and Southeast Asia. While the Brexit vote...

by Asian Development Bank Institute | On 02 Jun 2017

Myanmar Transport Sector Policy Note: River Transport

Myanmar has an extensive river network that is well positioned to serve the country’s main transport corridors, including the link between Yangon and Mandalay. However, main rivers are difficult to na...

by Asian Development Bank Institute | On 31 May 2017

Judicial Review and Money Bills

Under the Constitution of India, for a bill to be enacted into a law, it has to be approved by both Houses of the Parliament - the Lower House (Lok Sabha) and the Upper House (Rajya Sabha). There is o...

by Pratik Datta | On 26 May 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

Asia Bond Monitor - September 2016

The report notes that yields for 2-year and 10-year local currency government bonds in emerging East Asia were mostly lower between 1 June and 15 August and stock markets in the region recorded gains...

by Asian Development Bank Institute | On 23 May 2017

Rural Medical Practitioners: Who are they? What do they do? Should they be trained for improvement? Evidence from rural West Bengal

The private healthcare sector in rural India is often dominated by unqualified rural medical practitioners (RMPs). However, there is limited evidence on RMPs and potential for an intervention to reduc...

by Subrata Mukherjee | On 19 May 2017

Quick Evaluation Study on Indira Gandhi Matritva Sahyog Yojana (IGMSY)

Indira Gandhi Matritva Sahyog Yojana (IGMSY) is a Conditional Maternity Benefit (CMB) Scheme of the Government of India launched in 2010. The scheme is being implemented by the Ministry of Women and C...

by Niti Aayog GOI | On 17 May 2017

Asian Development Outlook 2016 Update: Meeting the Low-Carbon Growth Challenge

This Update retains the projections previously published in Asian Development Outlook 2016 (ADO 2016) in March. Gross domestic product (GDP) in the region is expected to grow at 5.7% in 2016 and 2017,...

by Asian Development Bank Institute | On 16 May 2017

Asian Development Outlook Supplement: Asia's Economies Steady Despite Global Uncertainty

The outlook for developing Asia remains broadly as forecast in Asian Development Outlook 2016 Update. Despite an extraordinary and temporary growth dip affecting one of the region’s largest economies,...

by Asian Development Bank Institute | On 10 May 2017

Philippines: Management of Contingent Liabilities Arising from Public-Private Partnership Projects

The paper says that the government has already initiated reforms to strengthen the institutional framework for managing contingent liabilities arising from PPP projects. Among these reforms are (i) es...

by Asian Development Bank Institute | On 10 May 2017

The India Freedom Report

On the occasion of World Press Freedom Day 2017 it becomes important to view the level of press freedom in India in the wider context of societal freedom. The press cannot be truly free when facilitat...

by The Hoot the hoot.org | On 08 May 2017

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

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

by Taniya Ghosh | On 04 May 2017

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

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

by International Labour Organization [ILO] | On 14 Apr 2017

Macroeconomic Impact of Demonetisation: A Preliminary Assessment

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

by Reserve Bank of India RBI | On 21 Mar 2017

Macroeconomic Impact of Demonetisation-A Preliminary Assessment

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

by Reserve Bank of India RBI | On 15 Mar 2017

Haryana Budget : 2017-18

Haryana Budget presented by Hon'ble Minister Capt. Abhimanyu.

by Haryana Government | On 07 Mar 2017

Kerala Budget 2017-18

Kerala budget presented by Hon.Finance Minister Thomas Issac.

by T.M. Thomas Issac | On 06 Mar 2017

Assam Budget: 2017-18

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

by Government of Assam | On 09 Feb 2017

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

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

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

Economic Survey 2016-17

This year has been marked by several historic economic policy developments. On the domestic side, a constitutional amendment paved the way for the long-awaited and transformational goods and services...

by Arun Jaitley | On 31 Jan 2017

In Defence of Traditional Healers: Not What They’re Quack-ed Up To Be

The serious concern over quackery is a shared one, and not solely the province of allopaths, or the courts for that matter. In a plural system like ours, this is to be expected. But looking only to th...

by Devaki Nambiar | On 30 Jan 2017

Budget in the Time of Demonetisation

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

by Rakesh Mumbai | On 27 Jan 2017

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

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

by P Shekar | On 25 Jan 2017

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

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

by Nara Chandrababu Naidu | On 25 Jan 2017

Dealing with GST in the Union Budget 2017

Goods and Services Tax (GST) is a harmonized tax regime and it can curb black money through practicing clean "invoices" to redeem input credit. In the Union Budget 2017, central government may announc...

by Lekha Chakraborty | On 23 Jan 2017

Demonetization of Currency Notes: Significance and Challenges

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

by | On 18 Jan 2017

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

Going Cashless: Is India Ready for Digital?

Cash, alas, is not free; its use comes at a significant cost. I have studied the cost of cash in over 70 countries, in research outlined in a recent article in the Harvard Business Review, titled ‘The...

by | On 04 Jan 2017

Demonetization, the Cash Shortage and the Black Money

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

by Ashok K. Lahiri | On 02 Jan 2017

Local Institutional Structure and Clientelistic Access to Employment: The Case of MGNREGS in Three States of India

This work is a contribution, first, toward measuring and characterizing some features of rural clientelistic institutions and then toward exploring its impact on household access to an employment sc...

by Anindya Bhattacharya | On 30 Dec 2016

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

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

by Shyam Sundar | On 27 Dec 2016

Vital Stats: Parliament functioning in the Winter Session 2016

Winter Session 2016 has been one of the least productive sessions for both Houses in the last 15 years, with repeated disruptions on the issue of demonetisation of currency. While eight Bills were int...

by Kusum Malik | On 19 Dec 2016

Inflation in Pakistan: Money or Oil Prices

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

by Mehak Moazam | On 07 Dec 2016

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

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

by Abhijit Banerjee | On 02 Dec 2016

What is Gender Budgeting: An Illustration though the Analysis of two Health-related Schemes in Karnataka (ThayiBhagya and Vajpayee ArogyashreeYojna)

Taking note of the limitations and challenges pertaining to gender budget exercise, the Government of Karnataka has set up a Task Force constituting of academics working in this area to review the p...

by Jyotsna Jha | On 29 Nov 2016

Nurse Migration: The Asian Perspective

This paper aims to capture the current situation of nurse migration from an Asian perspective. Asian countries are sources of nurses as well as hosts for foreign nurses. They also provide opportunit...

by | On 24 Nov 2016

Demonetization and its Impact

The move by the government to demonetize Rs.500 and Rs.1000 notes by replacing them with new Rs.500 and Rs.2000 notes has taken the country with surprise. The move by the government is to tackle the m...

by | On 18 Nov 2016

Demonetisation: Impact on the Economy

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

by | On 17 Nov 2016

Report Summary: White Paper on Black Money

According to the Paper, black money is a serious issue because it has a ‘debilitating effect’ on governance and public policy and this affects the poor disproportionately. [PRS Report Summary].

by Vishnu Padmanabhan | On 17 Nov 2016

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

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

by R. Gandhi | On 17 Nov 2016

Black Money, Corruption and Demonetisation

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

by Martin Patrick | On 11 Nov 2016

A Study on Widening of Tax Base and Tackling Black Money

Beyond the issue of unaccounted monies lying overseas, however, is the issue of unaccounted monies lying in India and what is perceived to be the parallel economy. There is, of course, this issue of w...

by FICCI Federation of Indian Chambers of Commerce and Indu | On 09 Nov 2016

Female Labor Force Participation in Asia: Key Trends, Constraints, and Opportunities

This brief reports on findings from four country studies and a companion macroeconomic study calibrated using an average Asian economy. Almost 28% of the world’s working-age women are accounted for in...

by Asian Development Bank Institute | On 04 Nov 2016

Valuation of Coastal and Marine Ecosystem Services in India: Macro Assessment

The aim of this study is to value, in monetary units, coastal and marine ecosystem services in India. The reasons for doing so are two–fold: i) the destruction and degradation of coastal ecosystems...

by K. S. Kavi Kumar | On 25 Oct 2016

Prevalence of Long Hours and Skilled Women’s Occupational Choices

Gender differences in occupations account for a sizable portion of the persistent gender pay gap. This paper examines the relationship between the demand for long hours of work (as proxied for by the...

by | On 10 Oct 2016

Regime Shifts in India’s Monetary Policy Response Function

The objectives of monetary policy have always been a topic of intensive debate. This debate has resurfaced during the past few years. In India too monetary policy-making appears to have undergone si...

by Lokendra Kumawat | On 10 Oct 2016

Financial Stability in a Weak Global Environment

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

by S.S. Mundra | On 10 Oct 2016

Campaign for Release of Political Prisoners

A large number of people are being imprisoned largely under ordinary laws, just because they happen to live in regions where conflict/movement is going on. People are randomly picked up and booked und...

by Coordination for Democratic Rights Organisations CDRO | On 03 Oct 2016

Comparing Apples to Apples: A New Indicator of Research and Development Investment Intensity in Agriculture

It is conventional wisdom in the economic development literature that there is a significant underinvestment in agricultural R&D in developing countries. Evidence supporting this belief is provided,...

by Alejandro Nin Pratt | On 30 Sep 2016

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

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

by Nadia Doytch | On 29 Sep 2016

Role of Institutions and Policies in Diffusion of Micro-irrigation in Gujarat, Western India

the role of institutional innovations and subsidy policy interventions in the diffusion of micro-irrigation across the state in the recent years. While the first part makes a comprehensive review o...

by Chandra Sekhar Bahinipati | On 26 Sep 2016

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

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

by Asif Mahmood | On 07 Sep 2016

You Can Silence Me, But You cannot Silence the Truth

Discrimination against dalits and minority communities has only become more brazen and open. Freedoms – of thought and expression, of scientific enquiry and of rational dissent – continue to be stifle...

by Newsclick Newsclick | On 06 Sep 2016

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

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

by World Bank [WB] | On 25 Aug 2016

Combating Haze: Holding One’s Breath A Year On

Indonesia’s efforts to combat forest fires have thus far shown some signs of progress. Doubts over Indonesia’s commitment and the effectiveness of its measures however seem to remain.

by | On 19 Aug 2016

Opening the Black Box of the Matching Function: The Power of Words.

How do employers attract the right workers? How important are posted wages vs. other job characteristics? Using data from the leading job board CareerBuilder.com, this paper shows that most vacancies...

by Ioana Marinescu | On 17 Aug 2016

Rising China Confronts Maritime Southeast Asia

China’s rejection of the Permanent Court of Arbitration ruling on its expansive claim to the South China Sea has set itself up for confrontation with maritime states in Southeast Asia. It will also he...

by | On 18 Jul 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

Old-Age Pension and Extended Families: How is Adult Children’s Internal Migration Affected?

This paper makes use of the most recent social pension reform in rural China to examine whether receipt of the pension payment equips adult children of pensioners to migrate. Employing a regression di...

by Xi Chen | On 11 Jul 2016

Deciphering Reproductive Mobilities in Indonesia: Trajectories of Infertility, Adoption and Migration

This paper engages the concept of reproductive mobilities to explore the nexus between the migration of female domestic workers and the adoption of their birth children by infertile couples who remain...

by | On 08 Jul 2016

Indonesian Labor Migrants in Malaysia: A Study from China

Malaysia is now a major receiving country with estimated over 2 million migrant workers. Such large inflow was caused by scarcity of jobs in plantation, construction and domestic growth. Migrant worke...

by | On 08 Jul 2016

Vital Stats: Overview of Central Government Employees

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

by Vatsal Khullar | On 07 Jul 2016

Is Marketing a Science: Debate Revisited

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

by Dheeraj Sharma | On 01 Jul 2016

Global Commodity Prices and Inflation in a Small Open Economy

Global commodity prices surge of 2007-08 sent an inflationary shock across the countries. 2014 global prices descend resulted in significant disinflation in many countries and even deflation in some ...

by Muhammad Nadim Hanif | On 30 Jun 2016

Capabilities and Skills

This paper discusses the relevance of recent research on the economics of human development to the work of the Human Development and Capability Association. The recent economics of human development b...

by James J. Heckman | On 28 Jun 2016

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

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

by Sumon Kumar Bhaumik | On 27 Jun 2016

Empathetic Climate Resilient Frugal Innovations for Sustainable Communities

This study is to scout, spawn and sustain grassroots green innovations and outstanding traditional knowledge. It studies the creative and innovative coping strategies of knowledge rich-economically po...

by Anil K Gupta | On 24 Jun 2016

Slum Free India: Myths and Realities- A Status Report on Rajiv Awas Yojana

The present report is a result of efforts that were spread over a period of more than a year (2013 – 2014) and included two national level consultations and sharing meetings held in Delhi, visit to m...

by Simpreet . | On 23 Jun 2016

Case Study on AID Effectiveness in Tajikistan

This case study aims at presenting Tajikistan’s perspective of, experiences with, and challenges to foreign aid. The objective of the study is to raise awareness about different dimensions of aid f...

by Rustam Aminjanov | On 20 Jun 2016

Farms, Families, and Markets: New Evidence on the Completeness of Markets in Agricultural Settings

The farm household model has played a central role in improving the understanding of small-scale agricultural households and non-farm enterprises. Under the assumptions that all current and future mar...

by Daniel LaFave | On 17 Jun 2016

Global Commodity Prices and Inflation in a Small Open Economy

Global commodity prices surge of 2007-08 sent an inflationary shock across the countries. 2014 global prices descend resulted in significant disinflation in many countries and...

by Muhammad Nadim Hanif | On 06 Jun 2016

Global Slavery Index 2016

The Global Slavery Index (‘the Index’) provides an estimate of the number of people in modern slavery, the factors that make individuals vulnerable to this crime, and an assessment of government actio...

by | On 01 Jun 2016

The Harvest is in My Blood: Hazardous Child Labor in Tobacco Farming in Indonesia

This report—based on extensive research including interviews with more than 130 children who work on tobacco farms in Indonesia—shows that child workers are being exposed to serious health and safety...

by Human Rights Watch | On 31 May 2016

The Affordability of the Sustainable Development Goals : A Myth or Reality?

It is important to understand the fiscal capacity that underlies any potential mechanism to implement the social agenda of the SDGs, particularly if the international community wants to hold governmen...

by Victor Kwadwo | On 25 May 2016

Democratising Forest Business: A Compendium of Successful Locally Controlled Forest Business Organisations

This book presents 19 case studies from 14 developing countries that show how local people have been democratising forest business and draws a set of conclusions from analysis of these case studies wh...

by | On 25 May 2016

Search for Resources in a High Income State: A Study of State Finances of Sikkim

The paper examines the public financial management (PFM) of Sikkim focusing mainly on resources generation effort and budget management practices. We note that any deviation from the Central transfers...

by Pratap R Jena | On 23 May 2016

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

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

by Indrani Chakraborty | On 23 May 2016

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

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

by Association for Democratic Reforms ADR | On 19 May 2016

Biodiversity for Sustainable Development: Delivering Results for Asia and the Pacific

The aim is to develop capacity at the individual, institutional and systemic levels to identify and implement new options for effective democratic governance for biodiversity and ecosystem management...

by United Nations Development Programme (UNDP) | On 18 May 2016

For Whom Does the Phone (not) Ring? Discrimination in the Rental Housing Market in Delhi, India

Using an audit experiment carried out on of India’s largest real estate websites, this study documents striking variations between landlords’ treatment of upper-caste Hindus, Other Backward Castes, Sc...

by Saugato Datta | On 18 May 2016

Game Theoretical Approach to Regulate the Public-Owned River Water Utilities: A Case Study of Cauvery River

Management of regulated water systems has become increasingly complex due to rapid socio-economic growth and environmental changes in river basins over recent decades. This paper focusses on the publ...

by Zareena Begum Irfan | On 17 May 2016

Vital Stats: Parliament Functioning in Budget Session 2016

The Budget Session 2016 was scheduled from February 23 to March 16, and from April 25 to May 13, 2016. However, during the recess period, Parliament was prorogued to allow the government to issue an...

by Kusum Malik | On 17 May 2016

Multiple Impacts of Droughts and Assessment of Drought Policy in Major Drought Prone States in India

This study is a result of initiatives taken by the Planning Commission, Government of India, to investigate the multiple impact of drought in one of the India’s drought-prone states i.e. Gujarat. Drou...

by Anil Kumar Roy | On 11 May 2016

India Policy Forum 2014 - 2015

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

by Shekhar Shah | On 09 May 2016

The Federation Model of Community Organising

In the past two decades through a process called “Enumeration” through which the members collect at city level data about slums, Slum Dwellers International have created a mechanism which serves to cr...

by Sheela Patel | On 06 May 2016

Combatting Climate Change: Involving Indigenous Communities

Climate change combat is often in the hands of policy-makers, researchers and governments. However it is the marginalised and indigenous communities that feel the full force of climate change effect...

by Serina Rahman | On 03 May 2016

Government Expenditure in India: Composition, Cyclicality and Multipliers

This paper assesses the fiscal space and cyclicality of total Indian Central Government expenditure and its major components

by Ashima Goyal | On 02 May 2016

Monetary Transmission in Developing Countries: Evidence from India

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

by | On 02 May 2016

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

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

by | On 02 May 2016

Reassessing Exchange Rate Overshooting in a Monetary Framework

This paper revisits the Dornbusch exchange rate overshooting in a different model setting.

by Taniya Ghosh | On 02 May 2016

Stitches to Riches? Apparel Employment, Trade, and Economic Development in South Asia

This report is aimed at better informing that debate by demystifying the global and South Asian apparel markets, estimating the potential gains in exports and jobs (including for women), and identify...

by Gladys Lopez Acevedo | On 29 Apr 2016

Report of the Commission on Farmers’ Welfare, Government of Andhra Pradesh

Agriculture in Andhra Pradesh is in an advanced stage of crisis. While this is a generalised rural crisis, the burden has fallen disproportionately on small and marginal farmers, tenant farmers and ru...

by Government Andhra Pradesh | On 12 Apr 2016

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

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

by Amnesty International AI, | On 11 Apr 2016

Global Report on Diabetes

Diabetes is a serious, chronic disease that occurs either when the pancreas does not produce enough insulin (a hormone that regulates blood sugar, or glucose), or when the body cannot effectively use...

by World Health Organisation (WHO) | On 07 Apr 2016

Need for Self Regulation of Health Care: A Case Study with Details for Replication

This report is a case study based on a preliminary comparative evaluation, which suggests that many other state medical councils can adopt practices initiated by the MMC, especially those regarding th...

by Dr. Nirmalya Bagchi | On 04 Apr 2016

Rules of the Monetary Game

Aggressive monetary policy actions by one country can lead to significant adverse cross-border spillovers on others, especially as countries contend with the zero lower bound. If countries do not inte...

by Prachi Mishra | On 31 Mar 2016

The West Sumatra Earthquakes: Not Learning Our Lessons?

A big earthquake hit the ocean floor off Southwestern Sumatra, Indonesia on 2 March 2016. Tsunami warnings were issued by the government to the whole Sumatran regions. How effective are Indonesia’s...

by Jonatan Lassa | On 28 Mar 2016

The Caste Gender System - A Necessary Analytic of Experience?

This paper formulates a conceptual category called the caste-gender system and tends to follow how the institution of caste operates in systematic complicity with discriminatory gender norms. It talks...

by Ritu Sen Chaudhuri | On 21 Mar 2016

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

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

by Waqas Ahmed | On 21 Mar 2016

Institutional Choices in the Shadow of History: Decentralization in Indonesia

This series is a continuation of WRI’s ‘Environmental Accountability in Africa’ working paper series (Working Papers number 1 through 22). The series was renamed to reflect the Equity Poverty and Envi...

by Institue World Resources | On 20 Mar 2016

Money Matters Local Government Finance in the People's Republic of China

Public finance systems in the People’s Republic of China (PRC) have evolved substantially over the last three decades. The evolution is continuing, with wide-ranging reforms in budget and debt managem...

by Asian Development Bank Institute | On 18 Mar 2016

Fossil Fuel Subsidies in Indonesia Trends, Impacts, and Reforms

The objective of this study is to systematically assess the prevalence of different types of fossil fuel subsidies in Indonesia and analyze the potential impacts of their removal. It is hoped that thi...

by Asian Development Bank Institute | On 15 Mar 2016

Global Spillovers and Monetary Policy Transmission in India

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

by Michael Debabrata Patra | On 14 Mar 2016

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

Can the Learnability Criterion Ensure Determinacy in New Keynesian Models?

Forward-looking RE models such as the popular New Keynesian (NK) model do not provide a unique prediction about how the model economy behaves. We need some mechanism that ensures determinacy. McCallum...

by Patrick Minford | On 13 Mar 2016

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

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

by Saumitra N Bhaduri | On 13 Mar 2016

Deep Seabed Minerals: A New Frontier in the Pacific Region

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

by | On 12 Mar 2016

The Transcending Power of Goods: Imaginative Value in the Economy

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

by Jens Beckert | On 09 Mar 2016

Taking Capitalism Seriously: Toward an Institutionalist Approach to Contemporary Political Economy

This paper outlines an institutionalist political economy approach to capitalism as a specific type of social order. Social science institutionalism considers social systems to be structured by sancti...

by Wolfgang Streeck | On 09 Mar 2016

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

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

by Stephany Griffith-Jones | On 08 Mar 2016

Human Factors Determine Extreme Weather Impact

The beginning of 2011 was marked by a series of rain-related disasters in various parts of the globe. Australia experienced one of the most severe (and most probably the costliest) wave of floods in i...

by S. Rajaratnam International Studies | On 03 Mar 2016

Myanmar’s National Reconciliation Process: A Positive for the Region?

Since taking office in March 2011, Myanmar’s new government has implemented a host of reforms. These include the release of some political prisoners,a lifting of restrictions on media freedoms, the...

by S. Rajaratnam International Studies | On 02 Mar 2016

An Assessment of the International Legal Obligations Owed to the Rohingya Refugees

This paper considers the issue of migration of the Rohingyas from the lens of international law. It evaluates the responses of the countries that have been the destination of these migration flows – n...

by Ramandeep Kaur | On 01 Mar 2016

Comparative Analysis of Indonesian and Korean Governance

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

by Prof. Yunwon Hwang | On 01 Mar 2016

Political Economy of Natural Resource Revenue Sharing in Indonesia

In this paper, we examine the asymmetric approaches to sharing natural resource revenues in Indonesia. We examine in Section 2, some of the potential theoretical arguments underlying...

by Cut Agustina | On 01 Mar 2016

Environment And The Aging Experience Among South Indian Hunter-Gatherers

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

by Seetha Kakkoth | On 01 Mar 2016

Access to Finance: A Functional Approach to Supply and Demand

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

by Greg Fischer | On 29 Feb 2016

Is the ASEAN plus Three Emergency Rice Reserve (APTERR) the Answer Tt Southeast Asia’s Food Security Challenges?

The recently launched ASEAN Plus Three Emergency Rice Reserve (APTERR) aims to safeguard the region’s food security in times of calamity, disaster, supply shock or extreme price spike. The region had...

by Sally Trethewie | On 27 Feb 2016

20 Years of Human Security: A special focus on food security

This year is the 20th anniversary of the release of the 1994 United Nations Development Programme’s (UNDP) Human Development Report, which defined the concept of human security and brought it to int...

by S. Rajaratnam International Studies | On 27 Feb 2016

2015: A Year for Reflection

2015 is a critical year for global and regional institutions, and for the international community as a whole, as it represents a milestone in the big push for achieving global goals of peace, human se...

by S. Rajaratnam International Studies | On 27 Feb 2016

Money, Output and Prices in India

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

by Charan Singh | On 27 Feb 2016

The Myanmar Nargis Aftermath: A Disaster in Governance

Cyclone Nargis in Myanmar, which made headline news across the globe, triggered denunciations of the military regime in delaying the international humanitarian relief efforts. The cyclone-struck count...

by | On 26 Feb 2016

Economic Survey 2015-16-Volume II

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

by Arun Jaitley | On 26 Feb 2016

Identity-driven Cooperation versus Competition

This paper seeks to extend the domain of identity economics by exploring motivational foundations of in-group cooperation and out-group competition. On this basis, we explore the reflexive interaction...

by | On 26 Feb 2016

Cheating in the Lab Predicts Fraud in the Field: An Experiment in Public Transportations

We conduct an artefactual field experiment using a diversified sample of passengers of public transportations to study attitudes towards dishonesty. We find that the diversity of behavior in terms of...

by | On 26 Feb 2016

ASEAN Petroleum Security Agreement: Sealed or Leaking?

The ASEAN Petroleum Security Agreement signed recently in Thailand marks a milestone for ensuring regional energy security by including a provision for voluntary oil stockpiles. However, mandatory, as...

by | On 25 Feb 2016

Female Labour Force Participation in Asia: Indonesia Country Study

Indonesia has experienced robust, sustained growth over the past 30 years, accompanied by swift socioeconomic change. However, Indonesian women have remained only moderately engaged in the labor marke...

by Simone Schaner | On 25 Feb 2016

Development Policies and Democratic Disruptions: Predicaments of the Marxist Left

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

by | On 25 Feb 2016

The Political Economy of Trade Policy in Indonesia

This paper focuses on Indonesia’s trade policies after the economic crisis. It examines the trend towards protection and addresses the issues of competitiveness. The concluding part briefly discusses...

by M. Basri | On 25 Feb 2016

Typhoon Kestana: Asia’s Katrina

The devastation and catastrophe wrought by Typhoon Kestana on the Philippines’ capital Manila reflect a huge gap between rising vulnerabilities and preparedness at the national and regional levels. As...

by | On 24 Feb 2016

Regional Cooperation towards Multilateral Arrangements on Agriculture, Labour, and Environment in the Context of Globalisation: The Case of Indonesia

This study looks at Indonesia’s commitments to multilateral trade agreements, and assesses policies adopted by the government to meet the criteria set by those agreements. Particularly, three sectors...

by Titik Anas | On 24 Feb 2016

The 2004 Global Labor Survey: Workplace Institutions and Practices Around the World

This paper reports on an Internet-based survey designed to collect information on the state of workplace practices from labor experts and practitioners around the world -- the 2004 Global Labor Survey...

by Richard B. Freeman | On 24 Feb 2016

Rising Food Prices and Food Security: Impact of the 2008 Food Crisis on Asia

The trend of rising food prices has made this basic human need inaccessible to an increasing number of people. The impact on vulnerable groups, especially the poor, is immense. Food price rise has imp...

by | On 23 Feb 2016

Policy Reforms and Institutional Weaknesses: Closing the Gap

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

by Eduardo Gonzalez | On 23 Feb 2016

Security Sector Governance and Conflict Management in Southeast Asia

Security sector governance (SSG) poses a huge challenge to states transitioning to democracy, particularly in cases where the military and other components of the security sector had been very influen...

by | On 22 Feb 2016

International Monetary Reform: A Critical Appraisal of Some Proposals

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

by Yung Chul Park | On 22 Feb 2016

Regional Financial Arrangements and the International Monetary Fund

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

by Barry Eichengreen | On 21 Feb 2016

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

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

by Hal Hill | On 21 Feb 2016

Asian Monetary Integration: A Japanese Perspective

This paper discusses Japan’s strategy for Asian monetary integration. It argues that Japan faces three major policy challenges when promoting intraregional exchange rate stability. First, there must b...

by Masahiro Kawai | On 21 Feb 2016

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

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

by Yoshikazu Kobayashi | On 21 Feb 2016

Managing Cross-border Movements of People in Southeast Asia: Promoting Capacity and Response for Irregular Migration in Southeast Asia

This NTS Issues Brief outlines themes highlighted at the roundtable workshop on Managing Cross-Border Movements of People in Southeast Asia: Promoting Capacity and Response for Irregular Migration hel...

by S. Rajaratnam International Studies | On 19 Feb 2016

10 Things Designers Need to Work on

The 10 considerations are based on Christian Werthmann’s five year investigation of numerous small and large scale improvement projects in Latin America as wells as the outcome of two symposia titled...

by Christian Werthmann | On 19 Feb 2016

Destined for Destitution: Intergenerational Poverty Persistence in Indonesia

We estimate intergenerational poverty persistence in Indonesia using a panel dataset. To the best of our knowledge, this is the first such study looking at the issue in the Indonesian context. Differe...

by Yus Pakpahan | On 19 Feb 2016

Heterogeneity in Returns to Work Experience: A Dynamic Model of Female Labor Force Participation

This paper provides structural estimates of heterogeneous returns to work experience for Japanese married women. A dynamic model of labor force participation is used to account for dynamic selfselecti...

by Ken Yamada | On 19 Feb 2016

Incremental Housing – The New Site & Services

Informal builders provide the bulk of affordable housing and define large areas of our cities. Originally created for those long considered as poor and unable to house themselves, over time the result...

by Dr. Reinhard Goethert | On 19 Feb 2016

Making Room for a Planet of Cities

The Making Room Paradigm draws on data collected from a sample of 120 cities, extracted from a much larger database, and is based on the realization that rapid urban population growth and its rapid co...

by Shlomo Angel | On 19 Feb 2016

Gender perspectives in urban planning

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

by | On 19 Feb 2016

The Asian Infrastructure Investment Bank: Multilateralism On The Silk Road

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

by Mike Callaghan | On 19 Feb 2016

The Federation Model Of Community Organizing

In the past two decades through a process called “Enumeration” through which the members collect at city level data about slums, Slum Dwellers International have created a mechanism which serves to cr...

by | On 18 Feb 2016

A Significant Shift in Casual Relations of Money, income, and Prices in Pakistan: The Price Hikes in the Early 1970s

This study extends the analysis of causality by Husain and Rashid (2006) by taking care of the shift in the variables due to the price hikes in the early 1970s. Casual relation between real income and...

by Fazal Husain | On 17 Feb 2016

A Fresh Assessment of the Underground Economy and Tax Evasion in Pakistan: Causes, Consequences, and Linkages with the Formal Economy

Rise in the underground economy creates problems for the policy-makers to formulate economic policies, especially the monetary and fiscal policies. It is found that if there was no tax evasion, budget...

by M. Ali Kemal | On 17 Feb 2016

Why Civil Service Reforms Do Not Work

(Public Sector Reforms) PSR must be based on the recognition that people are at the heart of public service. As a result, managing human resources must be at the centre of any effort. The people who...

by Nadeem Ul Haque | On 16 Feb 2016

Exchange Market Pressure and Monetary Policy: Evidence from Pakistan

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

by M. Idrees Khawaja | On 16 Feb 2016

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

Monetary Policy Objectives in Pakistan: An Empirical Investigation

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

by Wasim Shahid Malik | On 15 Feb 2016

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

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

by Sayera Younus | On 15 Feb 2016

Notes on the Monetary Policy Strategy of the Bangladesh Bank

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

by Bangladesh Bank BB | On 15 Feb 2016

Monetary Transmission through Bank Portfolio in Bangladesh

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

by Sayera Younus | On 15 Feb 2016

Towards a Measure of Core Inflation in Bangladesh: Conceptual Issues

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

by Md. Shahiduzzaman | On 15 Feb 2016

Interest Rate Spread in Bangladesh: An Analytical Review

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

by Shamim Ahmed | On 15 Feb 2016

Recent Experiences in the Foreign Exchange and Money Markets

This paper attempts to analyze the underlying causes and impact of the recent developments in the foreign exchange and money markets.

by Md. Habibur Rahman | On 15 Feb 2016

Volatility in the Overnight Money-Market Rate in Bangladesh: Recent Experiences

This paper tries to investigate the pattern of volatility in the overnight money market rate (call money rate) in Bangladesh using subjective judgment as well as econometric techniques during the peri...

by Md. Shahiduzzaman | On 15 Feb 2016

Monetary Policy and Capital Market Development in Bangladesh

Bangladesh Bank (BB) adjusted its monetary policy stance during 2005 in order to contain inflationary pressures and facilitate stability in the foreign exchange market. At the end of 2005, interest ra...

by Shubhasish Barua | On 15 Feb 2016

Measures of Monetary Policy Stance: The Case of Pakistan

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

by Farooq Pasha | On 14 Feb 2016

Poverty and Corruption

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

by Transparency International TI | On 14 Feb 2016

Monetary Policy Transparency in Pakistan: An Independent Analysis

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

by Wasim Shahid Malik | On 14 Feb 2016

Corruption and Sport: Building Integrity and Preventing Abuses

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

by Transparency International TI | On 13 Feb 2016

Corruption in the Education Sector

All parents hope for a good education for their children. It is the key to the next generation’s future, particularly for the poor. It equips young citizens with the knowledge and skills to thrive in...

by Transparency International TI | On 13 Feb 2016

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

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

by Muttukrishna Sarvananthan | On 13 Feb 2016

Making Anti-Corruption Regulation Effective for the Private Sector

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

by Transparency International TI | On 12 Feb 2016

Corruption and Public Procurement

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

by Transparency International TI | On 12 Feb 2016

Bonus Payments in the Indian Formal Sector, 2008-2014

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

by | On 10 Feb 2016

Ensuring Identity and Entitlements of India’s Urban Poor

Can we create awareness among the urban poor and create documents for them? What are the steps to be followed for that?

by K.R. Antony | On 09 Feb 2016

Trade and Innovation: Policy Options for a New Innovation Landscape

This paper assesses whether current trade regulatory frameworks, in particular WTO agreements, adequately support innovation as a policy objective in the context of the knowledge economy and the digit...

by | On 08 Feb 2016

The State of the World's Plant Genetic Resources for Food and Agriculture

The Report on the State of the World’s Plant Genetic Resources for Food and Agriculture provides a comprehensive overview on the status and trends of conservation and use of plant genetic resources at...

by Food and Agricultural Organization [FAO] | On 08 Feb 2016

Low Paid Employment in Britain: Estimating State-Dependence and Stepping Stone Effects

Using 18 waves of the British Household Panel Study, this paper examines state dependence and stepping stone effects of low pay. A distinguishing feature is that five types of transition- not in the l...

by Lixin Cai | On 07 Feb 2016

Global Corruption Barometer 2013

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

by Transparency International TI | On 06 Feb 2016

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

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

by Abdul Rashid | On 06 Feb 2016

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

Budget Speech by BMC Municipal Commissioner-2016-17

Statement of Municipal Commissioner.

by Ajoy Mehta | On 05 Feb 2016

BMC Budget at a Glance-2016-17

Budget at a glance as prepared by Municipal Commissioner.

by Municipal Commissioner BMC | On 05 Feb 2016

Egypt 2014: National Integrity System Assessment

Between 2011 and 2014, Egypt experienced perhaps the most turbulent and uncertain phase in its modern history. The elimination of widespread corruption was one of the key issues galvanising Egyptians...

by Transparency International | On 05 Feb 2016

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

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

by Haider Ali | On 03 Feb 2016

Urbanization and Inequality in Hypertension Diagnosis and Medication in Indonesia

Urbanization has been progressing quickly in Indonesia and the consequences on health and health inequities are still not well understood. In this paper, new empirical evidence is presented on the dif...

by Matthias Helble | On 02 Feb 2016

A New Model for Constructing Poverty Lines

In this paper, we present a new model for constructing poverty lines. The model uses consumer theory to construct both food and nonfood poverty thresholds. Although one cannot completely eliminate the...

by Nanak Kakwani | On 02 Feb 2016

Remittances: An Unrecognised Support Mechanism During Humanitarian Crises

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

by Paul Harvey | On 01 Feb 2016

Research Imperatives for the Indian Banking Sector

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

by S.S. Mundra | On 01 Feb 2016

The Challenges of Adapting to a Warmer Planet for Urban Growth and Development

The United Nations estimates that more than half of the world’s population lives in urban areas. It is expected that the proportion of city dwellers globally will have risen to three quarters by 2050,...

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

The Politics Of What Works In Service Delivery: An Evidence-Based Review

This paper examines the evidence on the forms of politics likely to promote inclusive social provisioning and enable, as opposed to constrain, improvements in service outcomes. It focuses on eight rel...

by Claire Mcloughlin | On 30 Jan 2016

The Future and the WTO: Confronting the Challenges: A collection of short essays

Mutually agreeable solutions have yet to be found for moving the WTO’s stalled Doha Round forward. This collection of short essays aims to help in the search for consensus by providing brief but thoro...

by | On 30 Jan 2016

Monetary Paradoxes of Baby-Sitting Cooperatives

Many authors have described and modelled Keynesian effects in a Babysitting Cooperative (BSC), which has the underlying structure of a single good barter economy. A simple model of the BSC economy is...

by Asad Zaman | On 30 Jan 2016

Initiating Work with Children of Prisoners

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

by Prayas NGO | On 30 Jan 2016

Initiating Work In Prison Settings

This Handbook on “Social Work Intervention in the Prison Setting” attempts to document the intervention strategies in working with various groups found in prison e.g. male and female prisoners, under...

by Prayas NGO | On 30 Jan 2016

Russo-Iranian Relations and the Vienna Nuclear Agreement

Russo-Iranian relations have undergone a series of often-erratic ups and downs. Looking at the period since the Islamic Revolution, a number of periods can be drawn out, each marked by a series of com...

by | On 29 Jan 2016

Russia and the Arab Spring: Changing Narratives and Implications for Regional Policies

The Arab Spring was a milestone for contemporary Middle Eastern history. The global phenomenon not only transformed the Arab world from within, but also challenged the regional status of major externa...

by | On 29 Jan 2016

Industrial Policies in Lower-Middle-Income Countries

Lower-middle-income countries (LMICs) are heterogeneous countries with various economic experiences. Many underwent different types of structural transformation from agriculture to manufacturing and s...

by | On 29 Jan 2016

Trade Preferences for the Least Developed Countries: Opportunities Not Panaceas

One of the main aims of trade is to enable consumers to choose from a wider variety of goods at lower prices and firms to grow and create more jobs by becoming more productive and accessing larger mar...

by | On 29 Jan 2016

Evidence from the Frontlines of Climate Change: Loss and Damage to Communities Despite Coping and Adaptation

New thinking and practical approaches are needed to address the threats to human security that climate change combined with social vulnerability pose for current and future patterns of loss and damage...

by Koko Warner | On 28 Jan 2016

Micro Determinants of Human Fertility: Study of Selected Physiological and Behavioural Variables in SC and ST Population

This paper is an attempt to study plausible causal relationship of women’s physiology and behaviour components with fertility in more or less non-industrial rural populations in Orissa, an Eastern Ind...

by Satyajeet Nanda | On 28 Jan 2016

Consolidated Replies on State of the Sector Report 2012 for Microfinance

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

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

Civil Unrest and Government Transfers in India

This paper investigates empirically the role of government expenditure on social services in mitigating and preventing civil unrest (riots) in India. The empirical analysis makes use of a unique longi...

by | On 26 Jan 2016

When the Hen Crows: Obstacles that Prevent Indigenous Women from Influencing Health-care Policies – A Case Study of Shillong, Meghalaya, India

Meghalaya is a landlocked and largely agrarian state in northeast India with an approximate population of three million. Various government surveys report that roughly half the state lives below the p...

by | On 26 Jan 2016

India’s Sri Lanka Policy: Towards Economic Engagement

India's Sri Lanka policy since 1991 is one example of how India's foreign policy imperatives, redefined by the end of the Cold War and the introduction of liberal economic reforms, have impacted relat...

by | On 25 Jan 2016

Protecting IPRs of Siddha Practitioners through People’s Biodiversity Register

Siddha system of medicine (SSM) focuses on addressing the root cause of the disease rather than treating the disease symptoms, and combinations of herbs, medicinal plants, animal and marine resources...

by N. Lalitha | On 25 Jan 2016

Determinants of Farm-level Adaptation Practices to Climate Extremes: A Case Study from Odisha, India

A large number of rural households in the state of Odisha, India are dependent on agriculture for their basic livelihoods, which is affected by the frequent occurrence of climate externalities like cy...

by Chandra Sekhar Bahinipati | On 25 Jan 2016

Climate Change and Vulnerability in Bangladesh

It is predicted that climate change will aggravate the presence of sudden (e.g. cyclones, floods etc.) and chronic (e.g. drought, erosion) hazards to agrarian communities in Bangladesh. According to t...

by Md Maniruzzaman | On 23 Jan 2016

Interest Rates and the Demand for Money in Bangladesh: An Empirical Investigation with Quarterly Data, 1997Q4-2006Q4

This paper investigates the sensitivity of money demand to interest rates on treasury bills in Bangladesh with quarterly data for the period 1997Q4-2006Q4. A standard demand for money function is spec...

by Akhand Akhtar Hossain | On 23 Jan 2016

Estimating Inflation Rates of Import-Concentrated Commodities

This note provides estimates of inflation rate of import-concentrated commodities and their contribution to overall inflation in Bangladesh. The results suggest that the Bangladesh economy has been ex...

by M. G. Mortaza | On 23 Jan 2016

The SLR as a Monetary Policy Instrument in Bangladesh

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

by Sayera Younus | On 23 Jan 2016

A Quick Analysis of Deposit Interest Rates Offered by Commercial Banks

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

by Md. Ezazul Islam | On 23 Jan 2016

The Quota Movement in Gujarat: Implications for Modi and India’s Democracy

The Patel agitation of Gujarat should not be seen merely as a one-issue movement. More than merely an attempt by youthful members of the Patel community who feel they have been denied their just share...

by | On 23 Jan 2016

Better Ask the Parrot

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

by T.N. Ninan | On 23 Jan 2016

Should Bangladesh Monitor Core Inflation for Conducting Monetary Policy?

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

by Bangladesh Bank | On 23 Jan 2016

Monetary Policy Stance and Recent Movements in Monetary Aggregates: Policy Implications

This note examines recent movements in net domestic asset (NDA) and net foreign asset (NFA) of BB vis-à-vis the proposed monetary program for FY09 and brings out possible policy implications and manag...

by Bangladesh Bank | On 23 Jan 2016

Five Fingers or One Hand? The BRICS in Development Cooperation

The BRICS countries (Brazil, Russia, India, China, and South Africa) are increasingly prominent in development cooperation activities in low-income countries in Africa and worldwide, presenting a pote...

by Institute of Development Studies IDS | On 23 Jan 2016

Modeling Interest Rate Cycles in India

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

by B B Bhattacharya | On 22 Jan 2016

Statistics and Indicators for the Post-2015 Development Agenda

This report highlights the experience from the Millennium Development Goals has shown that well-defined, objectively measurable indicators can help to maintain focus on internationally agreed developm...

by United Nations (UN) | On 20 Jan 2016

2014 revision of the World Urbanization Prospects

Today, 54 per cent of the world’s population lives in urban areas, a proportion that is expected to increase to 66 per cent by 2050. Projections show that urbanization combined with the overall growth...

by United Nations (UN) | On 19 Jan 2016

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

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

by Chris Béné | On 19 Jan 2016

Global Capitalism, Deflation and Agrarian Crisis in Developing Countries

The issue of land rights and that of gender equality are strongly affected by the prevalent economic and social policy regimes, at both national and global levels. The dominant policy regimes decide t...

by | 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

Conducting Elections in the World’s Largest Plural Society

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

by S. Y. Quraishi | On 19 Jan 2016

Indian Media’s Dickensian Age

What has allowed the Indian print media to grow, while newspapers are declining in the west? The first is literacy. Back in 1981, shortly after India’s magazine market got new life, only 40 percent of...

by T. N. Ninan | On 19 Jan 2016

Group Violence, Ethnic Diversity, and Citizen Participation: Evidence from Indonesia

This paper addresses the impact of violent conflict on social capital, as measured by citizen participation in community groups defined for four activity types: governance, social service, infrastruct...

by | On 18 Jan 2016

Navigating Climate Change: Extenuating Strategies to Combat Climate Migration Threats

This paper aims to test the validity of the hypothesis that climate change in the coming years is likely to induce massive migration to and from South Asia, both within and across the borders. This pa...

by | On 11 Jan 2016

The Effect of Childhood Migration on Human Capital Accumulation: Evidence from Rural-Urban Migrants in Indonesia

Developing countries are experiencing unprecedented levels of urbanization. Although most of these movements are motivated by economic reasons, they could affect the human capital accumulation of the...

by | On 11 Jan 2016

Transmission of Volatility of Money Market Overnight Repo Rate along the Yield Curve in Pakistan

This paper presents the empirical results of the volatility transmission of money market overnight repo rate along the yield curve in Pakistan. The results indicate that the transmission of volatilit...

by Asif Mahmood | On 11 Jan 2016

New ‘Oil Shock’ – Impact on South Asia

In the 1970s, the oil-producing and exporting countries of the Middle East delivered a shock to the global economic system that had many unexpected consequences. The then-quadrupling of the price of o...

by Shahid Javed Burki | On 09 Jan 2016

Gender, work and development in northwest Pakistan: working environments of Pakistani female development practitioners

The research identifies the development sector as a complex and often contested work environment. Many local residents perceive ‘development’ as an instrument of the ‘West’ for pursuing its interests,...

by Julia Grünenfelder | On 08 Jan 2016

New Measures of the Trilemma Hypothesis: Implications for Asia

The authors develop a new set of indexes of exchange rate stability, monetary policy independence, and financial market openness as the metrics for the trilemma hypothesis. In their exploration, they...

by Masahiro Kawai | On 07 Jan 2016

Regional Trade Agreements and Enterprises in Southeast Asia

This paper undertakes a comparative and firm-level analysis of the impact of regional trade agreements (RTAs) in Indonesia, Malaysia and the Philippines. It finds that firm-heterogeneity matters in RT...

by Ganeshan Wignaraja | On 07 Jan 2016

Regional Financial Regulation in Asia

The Asian financial crisis (1997-1998) and the global financial crisis (2007-2009) highlighted the potential value of financial regionalism, i.e., regional-level cooperation in financial policy. This...

by Masahiro Kawai | On 07 Jan 2016

Japan’s Lost Decade: Lessons for Other Economies

Japan has suffered from sluggish economic growth and recession since the 1990s, a phenomenon dubbed “Japan’s Lost Decade.” The People’s Republic of China, many countries in the eurozone, and the Unite...

by Naoyuki Yoshino | On 06 Jan 2016

Supplier Reliability and Economic Reforms

Production around the world is now increasingly characterized by shorter product cycles and just-in-time processes. Consequently, the reliability of the supplier is an important distinguishing charact...

by Mokhopadhyay Partha | On 05 Jan 2016

Internal Migration, Poverty and Development in Asia

This article explores the relationship between internal migration and economic growth and development in Asia, concentrating on four countries: China, India, Vietnam and Indonesia. Levels of internal...

by | On 05 Jan 2016

Habitat III Issue Papers : 22 – Informal Settlements

Although some governments acknowledge the existence of slums and informal settlements, many do not. This lack of recognition and subsequent response directly undermines city-wide sustainable developme...

by | On 05 Jan 2016

Land Laws, Administration and Forced Displacement in Andhra Pradesh, India

The present study was taken up in this context with the objective of examining the land laws and administration in AP and see how the existing laws are implemented, forced acquisition of lands is ta...

by Ramachandraiah C | On 05 Jan 2016

Summary of Indonesia's Poverty Analysis

Economic growth averaging 5.8% since 2010 has helped to lift 3.3 million Indonesians out of poverty. Yet 28 million were still living below the government’s poverty line in March 2014. Indonesia’s nat...

by Priasto Aji Aji | On 01 Jan 2016

Summary of Indonesia's Education Sector Assessment

The Indonesian school system is one of the largest and most diverse in the world, with more than 50 million students, 4 million teachers and more than 250,000 schools. Over the past 15 years, the gove...

by Norman LaRocque | On 01 Jan 2016

Summary of Indonesia's Gender Analysis

Indonesia has made significant progress in promoting gender equality. Gender gaps in the youth literacy rate have been eliminated. Near parity in enrollment rates in elementary up to tertiary levels h...

by Uzma Hoque | On 01 Jan 2016

Summary of Indonesia's Agriculture, Natural Resources, and Environment Sector Assessment

Indonesia is a net importer of grains, horticulture and livestock produce. The instability of food prices since 2008 has led to a renewed emphasis on food security. Despite increasing food crop produc...

by Victor Pontines | On 01 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

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 Asian Development Bank Institute | On 01 Jan 2016

Transitional Jobs after release from Prison: Effects on Employment and Recidivism

This paper presents the results of two experimental evaluations of transitional jobs programs for recently released former prisoners: the Evaluation of the Center for Employment Opportunities (CEO) an...

by Cindy Redcross | On 01 Jan 2016

Is Fiscal Decentralization Conflict Abating? Routine Violence and District Level Government in Java, Indonesia

Utilising a newly created data set we examine the relationship between routine/everyday violence and fiscal decentralization in 98 districts of the Indonesian island of Java. By examining possible rel...

by Mohammad Tadjoeddin | On 30 Dec 2015

Impact of Production Linkages on Industrial Upgrading in ASEAN, the People's Republic of China, and India: Organizational Evidence of a Global Supply Chain

This paper presents a simple model of industrial upgrading as a result of backward and forward information linkages between upstream and downstream relations. It also serves as an empirical investigat...

by Tomohiro Machikita | On 30 Dec 2015

Southeast Asia and the Economics of Global Climate Stabilization

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

by Jindra Samson | On 29 Dec 2015

Investing In Renewable Energy Generation and Power Transmission In Eastern Indonesia

This paper documents lessons learned during the implementation of two loans: the Renewable Energy Development Sector Project, and the Power Transmission Improvement Sector Project.Electrification in I...

by Bagus Mudiantoro | On 29 Dec 2015

Monetary Policy Frameworks in Asia: Experience, Lessons, and Issues

This paper reviews the history of East Asian monetary policy frameworks since 1990; describes current monetary policy frameworks, including issue of price versus financial stability for a central bank...

by Peter Morgan | On 29 Dec 2015

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

Response of Stock Markets to Monetary Policy: An Asian Stock Market Perspective

We estimate the response of Asian stock market prices to exogenous monetary policy shocks using a vector error correction model. In our paper, monetary policy transmits to stock market price through t...

by Farzana Sehrin | On 29 Dec 2015

Empowering Women Migrant Workers in Asia: A Briefing Kit

A new feature of international migration for work is the increase in the numbers of overseas women migrant workers, which in countries like the Philippines, Indonesia and Sri Lanka exceed the numbe...

by | On 28 Dec 2015

Why Do SMEs Not Borrow More from Banks? Evidence from the People's Republic of China and Southeast Asia

This study examines the relationship between firm characteristics and borrowing from commercial banks by small and medium-sized enterprises (SMEs) in the People's Republic of China (PRC) and five Sout...

by Ganeshan Wignaraja | On 24 Dec 2015

Income Distributions, Inequality, and Poverty in Asia, 1992–2010

In this paper, income distributions for developing countries in Asia are modeled using beta-2 distributions, which are estimated by a method of moments procedure applied to grouped data. Estimated par...

by Duangkamon Chotikapanich | On 24 Dec 2015

Lending Rates Behavior in Bangladesh: Some Facts and Determinants

The intention of this study is to analyze lending rate behavior in Bangladesh and also to determine the factors that mostly affect the lending rates. For this purpose, a set of macro and bank specific...

by Shahana Nasrin | On 22 Dec 2015

Gendered Vulnerabilities: Women's Health and Access to Healthcare in India.

Indian society has remained deeply entrenched by the patriarchal norms and values. Needs of women emerge and progress through the life cycle; from childhood to adolescent to womanhood. Women's health...

by | On 21 Dec 2015

Teacher Incentives: Evidence from Schools in Delhi

The paper reports on existing incentive structures in a sample of government and private schools in Delhi and elicits teachers’ perspectives on factors which motivate them. It is found that performanc...

by | On 21 Dec 2015

Social Exclusion and Discrimination in the Labour Market

Social exclusion of certain groups on the basis of race, creed, colour and caste has been practised in most societies. This paper explores the sources and implications of such exclusion, especially as...

by T.S. Papola | On 18 Dec 2015

Labour Processes and the Dynamics of Global Value Chain: A Developing Country Perspective

This paper with specific reference to India argues that limited view of verticality of production fails to appreciate the fact that choices of locations, the amount of rent created, the shift of value...

by Satyaki Roy | On 18 Dec 2015

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

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

by | On 17 Dec 2015

The Brics Development Bank

This policy brief recommends that these include commitments to: ending extreme poverty and inequality, with a special focus on gender equity and women’s rights; aligning with environmental and social...

by Oxfam International | On 17 Dec 2015

GATS, Migration, and Labor Standards

There are an estimated 190 million international migrants in 2005, persons outside their countries of birth or citizenship, and 95 million are in the labor forces of their host countries. The World Co...

by Philip Martin | On 16 Dec 2015

China's Fitful Economic Reforms

Back in 2004, when I ran the Chinadesk at the International Monetary Fund, my team some written questions to Beijing ahead of our meetings with Chinese officials. China’s central bank had claimed that...

by Eswar Prasad | On 16 Dec 2015

An Analysis of the Turmoil in the Stock Market: Issues and Challenges for Monetary Policy

The objective of this study is to examine the characteristics of the stock market bubble burst in Bangladesh and policy response for the sample period from 2004:7-2013:2. This paper also discusses the...

by Dr. Sayera Younus | On 15 Dec 2015

A Proposal for an Open University of Nepal for Providing Higher Education to the Rural and Marginalized People

The disadvantaged and marginalized groups in Nepal, and particularly women and Dalits, face grave hurdles to acquire post secondary education. Lack of educational access has deprived the rural and m...

by Pramod Dhakal | On 15 Dec 2015

Overview of Central Government Employees

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

by Vatsal Khullar | On 10 Dec 2015

Skill Transferability, Migration, and Development: Evidence from Population Resettlement in Indonesia

We use a natural experiment in Indonesia to provide causal evidence on the role of location-specific human capital and skill transferability in shaping the spatial distribution of productivity. From 1...

by Samuel Bazzi | On 08 Dec 2015

Preparing for El Nino: Policy Options

cientists are forecasting that there may be a severe El Niño weather event lasting through mid- 2016. For Indonesia, El Niño events are associated with prolonged drought, with adverse effects on food...

by Steven Tabor Tabor | On 06 Dec 2015

One-Child Policy, Marriage Distortion, and Welfare Loss

Using plausibly exogenous variations in the ethnicity-specific assigned birth quotas and different fertility penalties across Chinese provinces over time, the paper provide new evidence for the transf...

by | On 01 Dec 2015

How Much is Enough?

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

by T.N. Ninan | On 21 Nov 2015

Indonesia’s Missing Millions: Erasing Discrimination in Birth Certification in Indonesia’s Missing Millions

Indonesia’s rate of birth registration is imprecisely measured but is low, especially among the poorer, rural, population. At the same time, the country has developed a system of population registrati...

by Cate Sumner | On 20 Nov 2015

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

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

by Lekha S. Chakraborty | On 16 Nov 2015

Eradicating Extreme Poverty in Bangladesh: National Strategies and Activities

Although Bangladesh has achieved fairly steady economic growth, as of 2011, almost half of its population still lived in extreme poverty. As a result, the Government of Bangladesh and its development...

by Nayma Qayum | On 09 Nov 2015

Development Central Banking: A Review of Issues and Experiences

The paper argues that central banks should play a broader role in helping developing countries meet their key challenges, such as generating productive employment, helping to allocate investment to pr...

by | On 28 Oct 2015

An Exploratory Analysis of Deprivation and Ill-Health led Poverty in Urban India: A Case Study of Delhi

This paper examines the multi-dimensional nature of urban poverty with special emphasis on ill-health led deprivation. As a driver of poverty, ill-health reduces the income earning potential and incre...

by Samik Chowdhury | On 20 Oct 2015

Policy Tradeoffs in an Open Economy and the Role of G-20 in Global Macroeconomic Policy Coordination

In this paper the aim is to investigate the different nuances of India's capital account management through empirical analyses as well as descriptive discussions. In particular the study the evolution...

by Rajeswari Sengupta | On 19 Oct 2015

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

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

by Harendra Behera | On 16 Oct 2015

Military Build-up in the Indian Ocean: Implications for Regional Stability

As the Indian Ocean region increasingly becomes a more important geopolitical space, global powers and smaller states are laying down their stakes. This paper examines the military build-up of major I...

by | On 15 Oct 2015

Report on Evaluation of the Impact of the Scheme for Mega Food Park of the Ministry of Food Processing Industries

This scheme was rolled-out in 2008-09 and at present is in its fourth phase. The objective includes a comparative analysis of the scheme with similar schemes of the government, an evaluation of select...

by Indian Council for Research on International Econo ICRIER | On 13 Oct 2015

Bihar Ten Years of Election Watch: Comprehensive Reports on Elections, Crime and Money

Ten years of election watch in Bihar.

by Association for Democratic Reforms ADR | On 12 Oct 2015

Development Strategy in Bihar through Revitalizing the Agricultural Sector: A Preliminary Analysis

Based mainly on secondary data and partly on primary information obtained through field surveys in selected rural areas in Bihar in 2011, this paper firstly argues the critical importance of agricultu...

by | On 11 Oct 2015

Determination of Farm-Level Adaption Diversity to Cyclone and Flood: Insights from a Household-Level Survey in Eastern India

The present study aims to assess determinants of adaptation diversity (i.e., a number of adaptation mechanisms undertaken by the farm households). For empirical assessment, a farm household-level s...

by Chandra Sekhar Bahinipati | On 09 Oct 2015

User Perceptions of Shared Sanitation among Rural Households in Indonesia and Bangladesh

The practice of sharing sanitation facilities does not meet the current World Health Organization/UNICEF definition for what is considered improved sanitation. Recommendations have been made to catego...

by | On 30 Sep 2015

The Challenge of Slums - Global Report on Human Settlements 2003

The Challenge of Slums presents the first global assessment of slums, emphasizing their problems and prospects. It presents estimates of the numbers of urban slum dwellers and examines the factors tha...

by United Nations Human Settlements Programme UN-Habitat | On 23 Sep 2015

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

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

by | On 22 Sep 2015

The Evolution and Impact of Literacy Campaigns and Programmes 2000–2014

This paper was originally commissioned by the Education for All (EFA) Global Monitoring Report as background information to assist in drafting the 2015 report. This report aims to provide an additiona...

by Ulrike Hanemann | On 22 Sep 2015

Book Review: India’s Fighter Pilots in the 1971 War: Daring and Devilry

Review of Death Wasn't Painful: Death Wasn’t Painful: Stories of Indian Fighter Pilots from the 1971 War by Dhirendra S Jafa, New Delhi, Sage Publications; 2014. pp. 268, Rs. 445/-. ISBN-13: 978-81321...

by SK Sriharsha | On 19 Sep 2015

The Bali Agreement: An Assessment from the Perspective of Developing Countries

This paper discusses the different agreements and decisions reached in the Bali Ministerial Conference and the potential implications for the post-Bali work program. The results of the Bali Minister...

by Eugenio Díaz Bonilla | On 16 Sep 2015

Money and Inflation: Evidence from P-Star Model

This study uses P-star model to examine the role of money in explaining inflation in India. In particular, we compare the performance of traditional Phillips curve approach against P-star model in for...

by Sunil Paul | On 14 Sep 2015

Drones and India: Exploring Policy and Regulatory Challenges Posed by Civilian Unmanned Aerial Vehicles

India currently operates close to 50 drones in various military, reconnaissance and intelligence gathering configurations, a number more than that of France, Germany and Italy combined. Yet the Direct...

by R. Swaminathan | On 07 Sep 2015

The Great Expectations: Impact of One-Child Policy on Education of Girls

The findings of the paper highlights the role of fertility policies in women’s empowerment of last century. This paper investigates the impact of the birth control policies on teenage girls’ education...

by Wei Huang | On 03 Sep 2015

Global Recession and Eurozone Debt Crisis: Impact on Exports of China and India

The study tries to evaluate the impact of recent crisis episodes viz. the global recession of 2008-09 and the Eurozone debt crisis of 2010-122 on the Emerging Market Economies (EMEs) of China and Ind...

by Pami Dua | On 03 Sep 2015

Human Traffcking and Contemporary Slavery

The article begins with a discussion of definitional issues regarding human trafficking and modern slavery and then briefly critiques some popular claims regarding each problem. Examples of macro-leve...

by Ronald Weitzer Weitzer | On 03 Sep 2015

Indonesia: Concerted Efforts Needed to Find Solutions for Protracted IDPs

IDMC estimates that as of July 2015 at least 31,400 people are internally displaced as a result of conflict and violence in Indonesia. Nearly all are protracted internally displaced persons (IDPs) who...

by Internal Displacement Monitoring Centre | On 03 Sep 2015

Issues in Employment and Poverty

The paper analyses the nexus between growth, employment and poverty and points out situations where high economic growth may fail to bring about a commensurate rate of poverty reduction if simultaneo...

by | On 02 Sep 2015

Financial Market Regulation in India-Looking back, Looking Ahead

A broad assessment of the evolution of financial markets and the issues we are grappling with are given here. We can learn right lessons from other countries. There could be different view points and...

by Harun R Khan | On 31 Aug 2015

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

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

by Jong-il Kim | On 31 Aug 2015

The Effect of Family Size on Education: New Evidence from China’s One Child Policy

Social scientists theorize that the inverse relationship between socio-economic status and family size represents a trade-off between the quality and quantity of children. Evaluating this hypothesis e...

by Susan Averett | On 26 Aug 2015

Efficacy of New Monetary Framework and Determining Inflation in India: An Empirical Analysis of Financially Deregulated Regime

Against the backdrop of the new monetary policy framework, this paper analyses the determinants of inflation in the deregulated financial regime. The paper upfront has been kept free from adherence to...

by Lekha Chakraborty | On 25 Aug 2015

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

Understanding Children’s Risk and Agency in Urban Areas and their Implications for Child-centred Urban Disaster Risk Reduction in Asia: Insights From Dhaka, Kathmandu, Manila and Jakarta

This paper presents the findings of a study undertaken by IIED in partnership with Plan International on urban children’s risk and agency in four large Asian cities: Dhaka (Bangladesh), Kathmandu (Nep...

by | On 24 Aug 2015

Safety First

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

by T.N. Ninan | On 21 Aug 2015

The Sunday Edit: Monetary Policy Transmission: Visible Disconnect

Enhancing bank competition, among other measures, could adequately strengthen interest rate transmission; but the danger is in overreaching and losing leverage.

by Ramkishen S. Rajan | On 16 Aug 2015

Public Debt Management in India and Related Issues

This study focuses on the marketable domestic public debt of the Government of India (GoI) in terms of size, magnitude, policy and approach followed and also discusses issues and challenges on debt m...

by Lakshmanan L | On 13 Aug 2015

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 11 Aug 2015

Greece, In A Post-Colonial Bind

Countries of Europe's periphery are now playing out a script, already in play severally in the post-colony. It is a script in which populism has remained one of the principal weapons in the hands of t...

by Ranabir Samaddar | On 09 Aug 2015

Land Marked by Policy Distortions

Of all the markets in which politicians interfere with prices, the land market is probably the last that will be reformed.

by T.N. Ninan | On 08 Aug 2015

Monetary Policy Credibility: Is There a Magic Bullet?

This paper examines the concept of monetary policy credibility from both the theoretical and practical viewpoints. It also discusses the advantages of high credibility and explains measures that can b...

by Naveen Srinivasan | On 31 Jul 2015

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

For a sample of 42 high and middle income countries analyzed over a period of 30 years ranging from 1982 till 2011, this paper shows that while an efficient trilemma policy choice can help lower inf...

by | On 31 Jul 2015

Study of the Global Crisis: A Question of Inevitability of the Euro Zone Crisis

The paper aims to analyse points of contention among economists and policymakers. This paper will discuss the pre-crisis conditions in the euro zone nations to gauge the extent of vulnerability of the...

by | On 28 Jul 2015

Cyclone Aila and the Sundarbans: An Enquiry into the Disaster and Politics of Aid and Relief

This paper explores the politics and problems of the governmentality of aid and relief in context of the disastrous effect of cyclone Aila on the Sundarbans and nearby areas. The author through narrat...

by Amites Mukhopadhyay | On 17 Jul 2015

Inflation Targeting in India: Select Issues

The adoption of inflation targeting in India has been a much debated topic which also becomes a challenge for the emerging economy. Though inflation targeting has already been adopted in many emerging...

by Charan Singh | On 17 Jul 2015

Articulating a Vision for a Progressive BRICS Development Bank

Amidst calls for reform of international financial institutions and failure of existing development banks to satisfy the development financing needs of developing countries in general, and BRICS in pa...

by | On 16 Jul 2015

Indonesia’s Missing Millions: Erasing Discrimination in Birth Certification in Indonesia

Indonesia’s rate of birth registration is imprecisely measured but is low, especially among the poorer, rural, population. At the same time, the country has developed a system of population regist...

by Cate Sumner | On 16 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

Financial Frauds-Prevention: A Question of Knowing Somebody

Banks and financial institutions are easy prey to fraudsters. As long as banks and financial institutions handle huge sums of money as financial intermediaries they will always be the target of ingeni...

by R. Gandhi | On 06 Jul 2015

Structural Conditions and Agency in Migrant Decision-Making: A Case of Domestic and Construction Workers from Java, Indonesia

This working paper examines the migration drivers into the two low-paid and insecure occupations of domestic work and construction work from rural areas in Indonesia. While the ideas of migration exis...

by Khoo Choon Yen | On 06 Jul 2015

The Sunday Edit: Tragedy of the Grecian Dilemma

Greek negotiations are more political than economic. Contrary to popular opinion, Greece has actually done quite well in terms of its macro fundamentals. And the case for imposing austerity measures...

by Saugata Bhattacharya | On 05 Jul 2015

Street Vendors in India get Legal Protection

This paper briefly summarizes the major implications of the Street Vendors (Protection of Livelihood and Regulation of Street Vending) Act, 2014 and the details of its provisions as well as the proces...

by Sharit Bhowmik | On 22 Jun 2015

Inflation Targeting India: Select Issues

The adoption of inflation targeting in India has been a much debated topic which also becomes a challenge for the emerging economy. Though inflation targeting has already been adopted in many emerging...

by Charan Singh | On 18 Jun 2015

Book Review: Buddhists: Understanding Buddhism through the Lives of Practitioners

Review of Buddhists: Understanding Buddhism through the Lives of Practitioners Ed. Todd Lewis. Chichester, West Sussex; Malden, MA: Wiley Blackwell, 2014. 352 pp. Rs 2,215/- (paperback) ISBN-13: 978-0...

by Mavis Fenn | On 15 Jun 2015

Monetary Policy and Informal Finance

This article utilises state-level data for 1961–2012 to examine the interlinkage between informal finance and monetary policy. The analysis suggests that in response to a monetary contraction, borrowi...

by Saibal Ghosh | On 15 Jun 2015

Inter-State Disparities in Economic Growth in India: Some Policy Implications for Laggard States

Faster economic growth of some of the backward states like Bihar, Uttarakhand and Chhattisgarh in the post 2004-05 compels us to think if it is any indicative of convergence among states of India. How...

by Anjali Masarguppi | On 10 Jun 2015

Implementation of Forest Rights Act: Undoing the Historical Injustices?

This paper is based on a critical literature review and looks into the implementation of the Forest Rights Act (FRA) in India, with particular reference to the two states of Chhattisgarh and Gujarat....

by Madhusudan Bandi | On 09 Jun 2015

Universal Food Security Program and Nutritional Intake: Evidence from the Hunger Prone KBK Districts in Odisha

This article provides evidence on the role of consumer food subsidies in improving nutritional intake and diet quality by evaluating the expansion of the government food assistance program coverage i...

by Andaleeb Rahman | On 05 Jun 2015

Impact of Interbank Liquidity on Monetary Transmission Mechanism: A Case Study of Pakistan

The transmission mechanism of policy-induced changes are is analysed in the discount rate and required reserves in Pakistan. The results suggest that the pass through to the lending rate is complete f...

by Muhammed Omar | On 05 Jun 2015

Second Bi-monthly Monetary Policy Statement, 2015-16

On the basis of an assessment of the current and evolving macroeconomic situation the statement suggest that the global recovery is still slow and getting increasingly differentiated across regions.

by Raghuram G. Rajan | On 03 Jun 2015

Experiences of Exploitation and Human Trafficking among a Sample of Indonesian Migrant Domestic Workers

Indonesia has one of the highest rates of workers seeking employment abroad, with the majority of these workers being females employed in domestic service. Due to the nature of recruitment, the proces...

by | On 15 May 2015

Indonesia - Nutrition at a Glance

Malnutrition is responsible for nearly half (45 percent) of all deaths in children under five. Children who are undernourished between conception and age two are at high risk for impaired cognitive de...

by World Bank | On 11 May 2015

Banker-Borrower Interplay: Synergies and Challenges

A determining aspect of the banker-borrower relationship is built on trust and understanding. It is also important that these relationships neither get too cosy nor do they get too strained as either...

by S.S. Mundra | On 27 Mar 2015

Women’s Autonomy and Experience of Physical Violence Within Marriage in Rural India: Evidence From a Prospective Study

Evidence regarding the relationship between married women’s autonomy and risk of marital violence remains mixed. Moreover, studies examining the contribution of specific aspects of women’s autonomy in...

by | On 26 Mar 2015

IMI Konnect Volume 4 Issue 1 - January 2015

The January 2015 issue of IMI Konnect (Volume 4, Issue 1) contains the following articles - Does Monetary Policy Limit Lending Behaviour of Banks? by Samaresh Bardhan; Entrepreneurship Education in In...

by IMI Konnect | On 24 Mar 2015

Migrant Workers’ Right to Social Protection in ASEAN: Case Study of Indonesia, Philippines, Singapore and Thailand

The report concludes with key recommendations to address the situation where there is currently a concerning lack of social protection for migrants within the ASEAN region from which MFA, FES, Parliam...

by | On 20 Mar 2015

Addressing Inequality in South Asia

An outcome report of IMF-World Bank meetings held in October 2014, this report highlights the stark inequalities in human development in South Asia. Based on parameters such as monetary indicators, he...

by Martin Rama | On 17 Feb 2015

Governance and Domestic Politics in Indonesia: Contemporary Challenges & Achievements

Indonesia until recently, was the product of two dictatorships, the last of which ended only in 1998. This extended dose of dictatorship in Indonesia has lead to a failure of institutional growt...

by Navrekha Sharma | On 28 Jan 2015

Surge in Solar-Powered Homes: Experience in Off-Grid Rural Bangladesh

The studies broad aim is to access the welfare impact of solar home systems (SHS) on households and to evaluate the present institutional structure and financing mechanisms. Also it accesses the direc...

by Shahidur R. Khandker | On 27 Jan 2015

The Effect of China's One-Child Family Policy after 25 Years

China's one-child family policy has had a great effect on the lives of nearly a quarter of the world's population for a quarter of a century. When the policy was introduced in 1979, the Chinese govern...

by | On 13 Jan 2015

mNutrition and ICT: Mobile Phones as the Next Avenue to Improve Nutrition

This paper overviews of the nutrition problem, and locates ICT and mobile phones as a major role player in improving the nutritional status of the people, especially women and children, in developing...

by Rituparna Dutta | On 12 Jan 2015

Youth Policies in Indonesia: Activating the Role of Youth

This policy review consisted of analyses on the existence of policies related to Indonesian youth, including how the state viewed its youth as policy instruments, and the problems in the existing poli...

by Lawrence Haddad | On 01 Dec 2014

Extended Families and Child Well-being

Using rich longitudinal survey data from the Indonesia Family Life Survey (IFLS), evidence is presented on the relationship between three measures of health- and education-related human capital of c...

by Daniel LaFave | On 17 Nov 2014

Analysis of Criminal and Financial Details of Candidates and MLAs from Jharkhand: Based on 2009 Assembly Elections

Jharkhand Assembly elections 2009 were held in five phases from November 16, 2009 to December 13, 2009. This report includes the analysis of voting trends, criminalization, money power, gender etc in...

by Association for Democratic Reforms ADR | On 05 Nov 2014

Ozone-smart, climate-cool

HFC has been a bugbear in the India-US relationship. One item on the agenda of the much-discussed Narendra Modi-Barack Obama meeting that has Indian commentators flummoxed is hydrofluorocarbons (HFCs)...

by Sunita Narain | On 29 Oct 2014

Abolishing Indonesia’s Direct Local Elections: Missing the Forest for the Trees?

The Indonesian House of Representatives is due to pass a bill ending direct elections of local leaders, leaving the selection process to legislators in regional parliaments. Is such a move missing the...

by Jonathan Chen | On 25 Sep 2014

Financing Migration, Generating Remittances and the Building of Livelihood Strategies: A Case Study of Indonesian Migrant Women as Domestic Workers in Singapore

Using the case study of Indonesian women migrating as domestic workers to Singapore, this paper draws on a quantitative survey and qualitative in-depth interviews to examine the migration trajectories...

by Maria Platt | On 24 Sep 2014

Political Economy of Transition from Manmohanomics to Modinomics

The inaugural budget of the NDA led government has been a cause of some surprise and disappointment amongst those who were eagerly expecting a new radical dose of neo-liberal reforms. It appeared that...

by Surajit Mazumdar | On 22 Sep 2014

Nutritional Status of Women and Children and Working of ICDS in Flood Prone Districts of Bihar 2005

ICDS is one of the most critical programmes of the Government of India, implemented by Department of Women and Child Development. In course of several fieldwork in North Bihar the investigating team o...

by Government of India Ministry of Women and Child Development | On 15 Sep 2014

Production, Procurement and Inflation: A Market Model for Food Grains

Rapid rise in the price of food grains and their continued upsurge is a matter of concern for not only the government and policy makers but also for all concerned with social welfare. This is particul...

by Gopakumar K.U. | On 15 Sep 2014

The Effects of Mortality on Fertility: Population Dynamics after a Natural Disaster

Understanding how mortality and fertility are linked is essential to the study of population dynamics. The fertility response to an unanticipated mortality shock is investigated that resulted from the...

by Jenna Nobles | On 02 Sep 2014

Doing more than Lip-service to the Backward Sections

The Scheduled Castes form 16 percent of the population yet their issues have largely remained silent. It’s high time to bring into line the discord between election commitments and budgetary allocatio...

by P.S Krishnan | On 19 Aug 2014

UN World Youth Report 2013 – Youth and Migration

THE WORLD YOUTH REPORT explores the situation of young migrants from the perspective of young migrants themselves. The report highlights some of the concerns, challenges and successes experienced by y...

by UN Department of Economic and Social Affairs UNDESA | On 12 Aug 2014

Creative Budgeting or Actual Deficit Reduction? The case of FRBM Act

The FRBM Act was reflective of the shared commitment across political parties towards fiscal conservatism. A decade later, the picture, as reflected in the Union Budget, is yet to change for the bette...

by Surajit Mazumdar | On 07 Aug 2014

Looking at Science through the Lens of Diversity: Views of Indian Students and Teachers

The study examined middle school students' and science teachers' ideas on science and diversity parameters like religion. 1522 students from Mumbai completed a survey designed to elicit their percepti...

by Pooja Birwatkar | On 28 Jul 2014

Salient Features of Measuring, Interpreting and Addressing Indian Inflation

The paper reviews the calculation of Indian wholesale and consumer price indices and suggests improvements in the light of past experience and international best practices. It confirms that food infla...

by Kirti Gupta | On 22 Jul 2014

State of the Economy: Economic Survey Report

In 2014-15, the Indian economy is poised to overcome the sub-5 per cent growth of gross domestic product (GDP) witnessed over the last two years. The growth slowdown in the last two years was broad ba...

by Planning Commission | On 10 Jul 2014

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

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

by R. Radhakrishna | On 07 Jul 2014

Workers in the Shadows: Abuse and Exploitation of Child Domestic Workers in Indonesia

This report documents how hundreds of thousands of girls in Indonesia, some as young as 11, are employed as domestic workers in other people’s households, performing tasks such as cooking, cleaning, l...

by Human Rights Watch | On 09 Jun 2014

Monetary Incentives to Reduce Open-Field Rice-Straw Burning in the Plains of Nepal

In southern Nepal, rice straw burning in open fields is common practice. This is problematic because biomass burning contributes to smoke, black carbon and greenhouse gases. While some studies have ex...

by Krishna Prasad Pant | On 02 Jun 2014

Mobile Phones in Everyday Life of Mao Naga Youth: Mobile Cultures and Online Social Networking Practices of Mao, Manipur

Mobile phones have facilitated connectivity in the north eastern region of India in terms of Information and Communication technology (ICT). The convergence of Mobile phones and social networking site...

by Kaikho Paphro Chachei | On 13 May 2014

Overcoming Barriers: Human Mobility and Development

The report investigates migration in the context of demographic changes and trends in both growth and inequality. It also presents more detailed and nuanced individual, family and village experiences,...

by Jeni Klugman | On 06 May 2014

Productivity Response to a Contract Change

This paper studies the productivity impact of a contract change. The setting is a tea plantation in India. The activity in question is tea-plucking, the output from which is measurable and contractib...

by Rajshri Jayaraman | On 24 Jan 2014

A Turbulent Pakistan: India’s Choices in Response

The fate and future of Pakistan has been an issue of considerable concern and anxiety not only inside Pakistan but in the world at large and South Asia in particular. The Fund for Peace project on the...

by S.D. Muni | On 22 Jan 2014

India and International Sanctions: Delhi's Role as a Sanctioner

Over the years, sanctions have emerged as a preferred foreign-policy tool for many States, especially in the West. Sanctions serve a number of purposes, including the application of economic and polit...

by Rishika Chauhan | On 21 Jan 2014

Safety Nets and Food Programs in Asia: A Comparative Perspective

Many countries adopted safety net programs to deal with the food crisis of 2008. However, such programs are often beset with targeting errors, inefficiencies, and fraud. Despite this, there is no sys...

by Shikha Jha | On 20 Jan 2014

The Impact of Fiscal and Political Decentralization on Local Public Investments in Indonesia

The effects of the Indonesian decentralization and democratization process on budget allocation at the sub-national level is analyzed. Based on panel data for 271 Indonesian districts for the years...

by Krisztina Kis Katos | On 17 Jan 2014

Reducing Vulnerability and Exposure to Disasters

The past two years have been challenging ones for the Asia-Pacific region in several respects, but 2011 has been particularly unforgettable for how it has focused the attention of so many people on th...

by ... CEHAT | On 13 Dec 2013

When and Why does Bangladesh’s Inflation Differ from India’s?

India and Bangladesh share a common historical background, geographical proximity, institutional similarities, and a policy shift towards economic liberalization since the early 1990s. Inflation betw...

by Biru Paksha Paul | On 05 Dec 2013

A Review of Internal and Regional Migration Policy in Southeast Asia

This working paper provides an overview of migration policy analysis in academic and policy (‘grey’) literature for Southeast Asia, as well as a brief outline of the current migration policy environme...

by Maureen Hickey | On 27 Nov 2013

Ethical Issues in Community Based Monitoring of Health Programmes: Reflections from India

This paper explores the different sets of power relationships and resultant ethical dilemmas that arise when developing community monitoring systems. Community Based Monitoring and Planning, as part o...

by Renu Khanna | On 22 Nov 2013

Gender Pay Gap in the Formal Sector: 2006 - 2013: Preliminary Evidence from Paycheck India Data

This report aims at quantifying the magnitude of gender-based disparities that women face in the organized sector of the Indian labour market, and track their progress over time. The extent of the gen...

by Biju Varkkey | On 13 Nov 2013

Dishonesty and Selection into Public Service

In this paper, it is demonstrated that university students who cheat on a simple task in a laboratory setting are more likely to state a preference for entering public service. Importantly, it is also...

by Rema Hanna | On 11 Nov 2013

Southeast Asia’s Food Security Challenge: More than ‘Stock’ Solution Needed

Countries in Southeast Asia face a fresh challenge to their food security as food consumption patterns change, and reliance on imports increases to meet such shifts. Consequently, they may be left wit...

by Belinda Chng | On 01 Nov 2013

Judgement of Supreme Court of India on Voting Option

The apex court of India has decided to allow the NOTA (none of the above) option in the voting system. Noting that democracy was all about choice the Court has stated that by providing NOTA button in...

by Supreme Court of India | On 29 Oct 2013

Disaster Management in India

India has been traditionally vulnerable to natural disasters on account of its unique geo-climatic conditions. About 60% of the landmass is prone to earthquakes of various intensities; over 40 million...

by Government of India Ministry of Home Affairs | On 17 Oct 2013

Statement by Dr. Raghuram Rajan

Statement by Dr. Raghuram Rajan on taking office on September 4, 2013. [RBI Press release].

by Sabeeta Badkar | On 05 Sep 2013

Committing to Child Survival - A Promise Renewed

To advance Every Woman Every Child, a strategy launched by United Nations Secretary-General Ban Ki-moon, UNICEF and other UN organizations are joining partners from the public, private and civil socie...

by United Nations Children's Fund UNICEF | On 30 Aug 2013

Five Years of Leading the Reserve Bank: Looking Ahead by Looking Back

This Tenth Nani A. Palkhivala Memorial lecture lecture centres around the role and responsibility of a central bank in a democratic structure. Central banks make macroeconomic policy that influences t...

by Duvvuri Subbarao | On 30 Aug 2013

The Innovation of Loneliness

What is the connection between Social Networks and Being Lonely?

by Shimi Cohen | On 26 Aug 2013

The Impact of Parental Death on Child Well-being: Evidence from the Indian Ocean Tsunami

Identifying the impact of parental death on the well-being of children is complicated because parental death is likely to be correlated with other, unobserved, factors that affect child well-being....

by Ava Gail Gas | On 16 Aug 2013

For Love or Money? Motivating Workers

An analysis of the ability of employers to provide care and attention as a way to motivate their employees is done. Workers not only compare their wages, as pointed out in previous literature, but als...

by Saima Naeem | On 09 Aug 2013

Fuel Price Hike and Indonesia’s Energy Insecurity

Fuel price hikes have always been unpopular in Indonesia, largely because of their wide-ranging impact on the population. Yet, it is undeniable that the current high subsidies are unsustainable. To mo...

by Margareth Sembiring | On 26 Jul 2013

The Health Effects of Motorization

The decisions taken by countries will determine the levels of physical activity, vehicular emissions, and crash risks, and thus influence Non-Commucable Diseases (NCD) and injury rates for future gene...

by Kavi Bhalla | On 12 Jul 2013

Valuing the Damage Caused by Invasive Plant Species in a Low-income Community in Nepal

This paper presents a choice experiment designed to estimate the willingness-to-pay (WTP) of rural farmers to mitigate damages caused by invasive plant species, particularly Mikania micrantha, in the...

by Rajesh Kumar Rai | On 27 May 2013

Land Acquisition Bill: Past and Present

Land acquisition, which refers to the process of a government forcibly acquiring private property for public purpose, has been the cause of over a third of the legal conflicts in India in the past dec...

by iGovernment. in | On 19 Apr 2013

Policy Gaps for Promoting Green Grassroots Innovations and Traditional Knowledge in Developing Countries: Learning from Indian Experience

In this paper, the building blocks of a sustainable innovation eco system have been identified. The concept of National Innovation System [NIS], which ignored the knowledge of informal sector, has b...

by Anil K Gupta | On 20 Mar 2013

A Reality Checkpoint for Mobile Health: Three Challenges to Overcome

It has been predicted that by 2017 there will be ‘‘more mobile phones than people’’ on the planet, and currently three-quarters of the world’s population have access to a mobile phone. Amidst the inte...

by PLoS Medicine | On 08 Mar 2013

Explaining Access to Credit by Rural Households: Results based on a Study of Several States in India

Against the backdrop of evolution of rural credit system in India as well as its observed failure to be inclusive in character, this paper makes use of a fairly large data set of the Center for Manage...

by Saugandh Datta | On 07 Mar 2013

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

Indian Special Economic Zones: The Difficulties of Repeating China’s Triumph

New Delhi launched its SEZ revolution in April 2000 to secure the country a two digit growth rate, copying from China what during the previous two decades proved to be an excellent strategy, this pa...

by Claudia Astarita | On 21 Feb 2013

PUDR's Submission of Suggestions to Verma Commission for Changes in Law and Procedure Regarding Violence Against Women

Legal mechanisms to achieve justice should factor in the challenges and roadblocks of its implementation, structural or otherwise, right from the stage of planning and framing the law. Law can be expe...

by D Manjit | On 08 Jan 2013

Vital Stats: Parliament in Winter Session 2012

The first half of the Winter Session of Parliament, 2012 was dominated by disruptions over and discussion on the government's notification to allow 51% FDI in the retail sector. The issue was finally...

by Devika Malik | On 21 Dec 2012

It’s a Boy! Women and Non-Monetary Benefits from a Son in India

Son preference is widespread in a number of developing countries. Anecdotal evidence suggests that women may contribute to the persistence of this phenomenon because they derive substantial long-run...

by Laura Zimmermann | On 19 Nov 2012

Security Sector Governance (SSG) and Conflict Management in Indonesia: The Aceh Case

This paper examines the evolution of security sector governance (SSG) in Indonesia, focusing in particular on the effects of security sector reform (SSR) on the management of the secessionist conflict...

by Rizal Sukma | On 26 Oct 2012

‘Grand Challenges to Global Mental Health’: Critical perspectives on the US-NIMH initiative

In 2011 the US National Institute of Mental Health launched the Grand Challenges to Global Mental Health on the lines of earlier initiatives on ‘Global Health’ and on ‘Global Chronic Non-Common-commun...

by Anonymous | On 05 Oct 2012

Energy Savings Potential and Policy for Energy Conservation in Selected Indian Manufacturing Industries

This paper focuses on the assessment of energy savings potential in seven highly energy consuming industries. The paper estimates the energy savings potential for each of these industries using unit l...

by Manish Gupta | On 17 Sep 2012

Health Policy Processes in Gujarat: A Case Study of the Policy for Independent Nurse Practitioners in Midwifery

The policy processes of the policy on ‘Nurse practitioners in midwifery’ (NPM) are described. The policy aims to educate and create a new cadre of competent midwives in the government hospitals as an...

by Sharma Bharati | On 03 Sep 2012

The Economic Consequences of Excess Men: Evidence from a Natural Experiment in Taiwan

As sex ratio imbalances have become a problem in an increasing number of countries, it is important to understand their consequences. With the defeat of the Kuomintang Party in China, more than one mi...

by Simon Chang | On 28 Aug 2012

Network Structure and the Aggregation of Information: Theory and Evidence from Indonesia

A unique data-set from Indonesia is analysed to understand what individuals know about the income distribution in their village to test theories such as Jackson and Rogers (2007) that link informatio...

by Vivi Alatas | On 23 Aug 2012

Musical Melody and Speech Intonation: Singing a Different Tune?

The processing of pitch information differs significantly for speech and music; specifically, there are two pitch-related processing systems, one for more coarse-grained, approximate analysis and one...

by Robert J Zatorre | On 01 Aug 2012

Examination of Intense Climate-Related Disasters in Asia-Pacific

The frequency of intense floods and storms is increasing globally, particularly in Asia-Pacific, amid the specter of climate change. Associated with these natural disasters are more variable and ext...

by Vinod Thomas | On 26 Jul 2012

Climate Change Mitigation and Green Growth in Developing Asia

Developing Asia is the driver of today's emissions intensive global economy. As the principle source of future emissions, the region is critical to the task of global climate change mitigation. Reflec...

by Stephen Howes | On 16 Jul 2012

The New Age of Food Marketing: How Companies are Targeting and Luring our Kids — and What Advocates can do About it

Why should health advocates be concerned about the new marketing paradigm? Because young people's choices about what to eat and when are largely shaped by food and beverage marketing -- and these indu...

by Berkeley Media Studies Group BMSG | On 13 Jul 2012

India's SEZ Policy

Over the last few decades India has emerged as an economic giant. In 2000 the Special Economic Zone (SEZs) policy became part of a strategy to maintain high growth and promote India’s manufacturing ...

by Ebba Mårtensson | On 11 Jul 2012

Engaging Small and Medium Enterprises in Production Networks: Firm-level Analysis of Five ASEAN Economies

The Association of Southeast Asian Nations (ASEAN) small and medium enterprises (SMEs) are under scrutiny for their engagement in production networks following recent emphasis on increasing intra-reg...

by Ganeshan Wignaraja | On 06 Jul 2012

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

Are Drone Strikes Effective in Afghanistan and Pakistan? On the Dynamics of Violence between the United States and the Taliban

Strikes by unmanned aerial vehicles, or drones, have been the primary weapon used by the United States to combat the Taliban and Al-Qaeda in Afghanistan and Pakistan. This paper examines the dynamic...

by David A. Jaeger | On 01 Jun 2012

Black Money

The objective of this paper is to place in the public domain various facets and dimensions of black money and its complex relationship with the policy and administrative regime in the country. The pa...

by Ministry of Finance | On 22 May 2012

The Domestic Workers Convention 2011: Implications for Migrant Domestic Workers in Southeast Asia

The recent International Labour Organization (ILO) Convention concerning Decent Work for Domestic Workers (Domestic Workers Convention 2011) offers an opportunity to finally address the longstanding...

by Pau Khan Khup Hangzo | On 09 May 2012

The Political Economy of Deforestation in the Tropics

Tropical deforestation accounts for almost one-fifth of greenhouse gas emissions worldwide and threatens the world.s most diverse ecosystems. The prevalence of illegal forest extraction in the tropi...

by Robin Burgess | On 08 May 2012

Developing Asia’s Pension Systems and Old-Age Income Support

A broad overview of the current state of pension systems in the People’s Republic of China, Indonesia, Republic of Korea, Malaysia, Philippines, Singapore, Thailand, and Viet Nam is provided. An anal...

by Donghyun Park | On 30 Apr 2012

The People’s Republic of China’s High-Tech Exports: Myth and Reality

The PRC’s leading position in high-tech exports is a myth created by outdated trade statistics which are inconsistent with trade based on global supply chains. It is argued that a value-added-based ap...

by Yuqing Xing | On 27 Apr 2012

Corruption

In this paper, a new framework for analyzing corruption in public bureaucracies is provided. The standard way to model corruption is as an example of moral hazard, which then leads to a focus on bette...

by Abhijit Banerjee | On 24 Apr 2012

Exports of Services: Indian Experience in Perspective

India’s experience with exporting services is examined. The country’s experience is distinctive in that services, especially modern tradable services, comprise a significantly larger share of GDP tha...

by Barry Eichengreen | On 23 Apr 2012

The BRICS Report: A Study of Brazil, Russia, India, China, and South Africa with Special Focus on Synergies and Complementarities

Th is study, which is supported by the ministries of fi nance and the central banks of the BRICS, focuses on synergies and complementarities between the economies, highlighting their role as growth ...

by Ministry of Finance | On 18 Apr 2012

The Great Depression and the Great Recession: What have we Learned?

The Financial Crisis of 2007-2008 and the Great Recession of 2007-2009 are now in the past. Again there was the debt crisis of 2010-11. During the worst of the recent financial crisis/Great Recession...

by Michael D Bordo | On 13 Apr 2012

Monetary Transmission in Pakistan: The Balance Sheet Channel

Using data of non-financial listed firms over a period of 1999-2010, this paper investigates the effectiveness of balance sheet channel in monetary transmission mechanism in Pakistan. By classifying f...

by Safia Shabbir | On 09 Apr 2012

India’s Call on BRICS : Aligning with China without a Deal

China–India association in the BRICS bloc of countries is an example of multilateralism at its height. For China, the BRICS group holds a strategic significance as it is targeted towards the Western...

by Jagannath P Panda | On 04 Apr 2012

Policy and Processes that Enable Honey Export: A Case Study from India

India started exporting a small amount of honey in 1991-1992 and has now established itself as an important honey exporter to the world market. The quantity exported has increased substantially, and t...

by Harish K Sharma | On 02 Apr 2012

Towards Building A Happy, Prosperous and Caring Bangladesh: Budget Speech 2011-12

Budget speech 2011-12 by Finance minister. URL:[http://www.mof.gov.bd/en/budget/11_12/budget_speech/speech_en.pdf].

by Abul Maal Abdul Muhith | On 14 Mar 2012

Federal Budget of Pakistan-2011-12

BUDGET SPEECH 2011-2012 by DR. ABDUL HAFEEZ SHAIKH, Minister for Finance, Revenue, Economic Affairs, Statistics and Planning & Development.

by Minister of Finance Pakistan | On 12 Mar 2012

Time Poverty, Work Status and Gender: The Case of Pakistan

Time is an important economic resource that can be spent in a variety of ways. Diverse demands on a person’s time may reach a point where the individual may be categorized as time poor. Time poverty...

by Najam us Saqib | On 09 Mar 2012

Under trial Prisoners: Quicker Trial and Human Rights

Discussion on the human rights violation of under trial prisoners.

by Ranesh Chandra Majumdar | On 06 Mar 2012

More Money or More Development: What Have the MDGs Achieved?

What have the MDGs achieved? And what might their achievements mean for any second generation of MDGs or MDGs 2.0? We argue that the MDGs may have played a role in increasing aid and that developmen...

by Charles Kenny | On 24 Feb 2012

Study on Impact of Micro Finance in Reduction of Domestic Violence Against Women

The main objective of the study is to investigate whether there is any evidence to support the view that the disbursement of micro finance to women reduces the incidence of domestic violence, and if...

by Institute of Social Studies Trust ISST | On 23 Feb 2012

Regional and Global Monetary Cooperation

The increasing occurrence of national, regional, and global financial crises, together with their rising costs and complexity, have increased calls for greater regional and global monetary cooperation...

by Mario Lamberte | On 21 Feb 2012

Estimating Standard Error of Inflation in Pakistan: A Stochastic Approach

Standard errors (S.Es.) of month on month and year on year inflation in Pakistan are estimated based on data for the period of July 2001 to June 2010 using stochastic approach as well as extended s...

by Javed Iqbal | On 15 Feb 2012

Are Saving and Investment Cointegrated? A Cross Country Analysis

Saving is an important part of the economic process that gives rise to investment and economic growth. In this paper an attempt is made to explore the relationship between saving and investment in t...

by Sanjib Bordoloi | On 14 Feb 2012

From REDD to Green: A Global Incentive System to Stop Tropical Forest Clearing

A prototype incentive system is developed for promoting rapid reduction of forest clearing in tropical countries. The proposed Tropical Forest Protection Fund (TFPF) is a cash-on-delivery system that...

by David Wheeler | On 09 Feb 2012

The Euro Zone Crisis and its Dimensions and Implications

The sovereign debt problems in the peripheral economies of the euro zone has started to pose a serious threat to the main economies of the Europe and perhaps to the future of the 'euro‘ itself. Such a...

by M R Anand | On 06 Feb 2012

Stability and Policy Rules in Emerging Markets

Stability results for an open economy DSGE adapted to an emerging market (SOEME) with a dualistic structure have the same structure as in the original model, but those derived for the simulated versi...

by Ashima Goyal | On 02 Feb 2012

Inflation in Nepal

A large number of studies in Nepal have been conducted to identify the factors responsible for inflation based on the different theories of inflation. Although these studies provide insight into the...

by Nepal Rastra Bank Research Department NRB | On 02 Feb 2012

Global Health and the New Bottom Billion: How Funders Should Respond to Shifts in Global Poverty and Disease Burden

After a decade of rapid economic growth, many developing countries have attained middle-income status. But poverty reduction in these countries has not kept pace with economic growth. As a result, mos...

by Amanda Glassman | On 31 Jan 2012

More and Better Jobs in South Asia

This report investigates how more and better jobs can be created in South Asia. It does so for two reasons. First, this region will contribute nearly 40 percent of the growth in the world’s workin...

by Reema Nayar | On 30 Jan 2012

Third Quarter Review of Monetary Policy 2011-12

This policy review is set in the context of a highly uncertain global environment and a delicately poised domestic balance between growth and inflation. It should be read and understood together...

by Duvvuri Subbarao | On 25 Jan 2012

Macroeconomic and Monetary Developments Third Quarter Review 2011-12

The Growth outlook has weakened as a result of adverse global and domestic factors that have been mentioned above. Business and consumer confidence has been impacted. Professional forecasters now...

by Reserve Bank of India RBI | On 25 Jan 2012

The Relationship between Inflation and Relative Price Variability in Pakistan

This paper explores the relationship between inflation and relative price variability (RPV) by using disaggregated CPI data for Pakistan. Three methods have been used to assess the functional form and...

by Muhammad Akmal | On 25 Jan 2012

Banks, Policy and Risks

This paper assesses the sources of risk for Indian banks in the context of their history, structure, level of development, and policy environment and draws out implications for global and domestic pol...

by Ashima Goyal | On 18 Jan 2012

Challenges in IMS Reforms: A Global and Emerging Markets Perspective

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

by Alok Sheel | On 10 Jan 2012

Inter-connectedness of Banks and NBFCs in India: Issues and Policy Implications

The recent global financial crisis (2007-09) has clearly highlighted the gravity of high financial inter-connectedness within the financial system. In the Indian context, this brief study attempts to...

by Karunagaran A | On 05 Jan 2012

An Adaptive Probabilistic Model for Broadcasting in Mobile Ad Hoc Networks

Ad hoc peer-to-peer mobile phone networks (phone MANETs) enable cheap village level telephony for cash-strapped, off-the-grid communities. Broadcasting is a fundamental operation in such manets and...

by Kavitha Ranganathan | On 04 Jan 2012

Plan vs. Performance Winter Session – November 22 to December 29, 2011

This note lists the legislative business planned by Parliament and compares it with the actual performance during the Winter Session. [PRS Note]. URL:[http://www.prsindia.org/administrator/uploads/ge...

by Kusum Malik | On 30 Dec 2011

Economic Dynamics and Forest Clearing: A Spatial Econometric Analysis for Indonesia

This paper uses a large panel database to investigate the determinants of forest clearing in Indonesian kabupatens since 2005. The study incorporates short-run changes in prices and demand for palm...

by David Wheeler | On 28 Dec 2011

Monetary Neutrality in the Nepalese Economy during 1975-2008

One of the methods of measuring the effectiveness of monetary policies is via inspection of monetary neutrality in the economy. It is a concept from classical economics and it suggests that changes...

by Mukesh Khanal | On 16 Dec 2011

Where Socrates Fears to Tread……

Review of the book 'Social Income and Insecurity: A Study in Gujarat' by Guy Standing, Jeemol Unni, Renana Jhabvala, and Uma Rani Routledge India, 2010 216 pages.

by N. Vijayamohanan Pillai | On 12 Dec 2011

Monetary and Fiscal Policy in the Presence of Informal Labour Markets

How does informality in emerging economies affect the conduct of monetary and fiscal policy? To answer this question two-sector, formal-informal new Keynesian closed-economy is constructed. The inf...

by Nicoletta Batini | On 02 Dec 2011

An Estimated DSGE Model of the Indian Economy

A closed model DSGE model of the Indian economy is developed and it is estimated by Bayesian Maximum Likelihood methods using Dynare. A model is build up in stages to with a number of features impo...

by Vasco Gabriel | On 28 Nov 2011

Publishing Construction Contracts as a Tool for Efficiency and Good Governance

Construction is a $1.7 trillion industry worldwide, much of which is linked to publicly financed projects. Outcomes from this financing are frequently suboptimal. Cost and time escalation, as well a...

by Charles Kenny | On 25 Nov 2011

The Challenge of Food Inflation

The trends in food inflation over the past 60 years are given. Having thus set the context, the factors driving structural food inflation, which should give us a perspective of the underlying dynam...

by Duvvuri Subbarao | On 24 Nov 2011

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

Juveniles of Jammu and Kashmir: Unequal Before the Law and Denied Justice in Custody

While the arrests of dozens of juveniles during the mass uprising in the Kashmir valley from June to September 2010 brought the abuse of the Public Safety Act against the children in conflict with the...

by Asian Centre for Human Rights ACHR | On 16 Nov 2011

Where is the Virtue in the Middle Class?

It is widely agreed by economists and political scientists that the middle class is vital to progress because of its many virtues. But it is difficult to define a middle class by income in a manner t...

by Charles Kenny | On 16 Nov 2011

The Impossible Trinity and Capital Flows in East Asia

The Impossible Trinity doctrine still holds a powerful sway over policymakers, advisors (particularly the International Monetary Fund [IMF]) and academia. In East Asia over the past decade, however,...

by Stephen Grenville | On 15 Nov 2011

"I did not ask for it". Sexual Harassment: Impressions from Mumbai

Sexual harassment is a global issue. In a recent case in Mumbai, two young men, Keenan Santos (24) and Reuben Fernandez (29) were stabbed on 20 Oct 2011 while confronting some unknown men eve-teasing...

by Indira Gartenberg | On 14 Nov 2011

Predicting Calendars (and saving money if you want to)

How calendars are repeated in some years can be understood by doing simple calculations.

by S Srinivasan | On 10 Nov 2011

Consumption and Social Identity: Evidence from India

Spending on consumption items is examined which have signaling value in social interactions across groups with distinctive social identities in India, where social identities are defined by caste an...

by Melanie Khamis | On 10 Nov 2011

Financing Infrastructure for Connectivity: Policy Implications for Asia

This paper discusses Asia’s infrastructure needs and its corresponding financing needs and challenges. It proposes ways to address financing gaps by identifying potential financing sources and instr...

by Biswa Nath Bhattacharyay | On 09 Nov 2011

The G20: Engine of Asian Regionalism?

The paper scrutinizes the functioning of the G20 and its role in increasing coordination. and cooperation between Asian countries. It highlights divergent agendas amongst the A6 as regards the future...

by Hugo Dobson | On 09 Nov 2011

Dial “A” for Agriculture: A Review of Information and Communication Technologies for Agricultural Extension in Developing Countries

This article outlines the potential mechanisms through which ICT could facilitate agricultural adoption and the provision of extension services in developing countries. It then reviews existing prog...

by Jenny C Aker | On 07 Nov 2011

Monetary Operating Procedures: Principles and the Indian process

As markets deepen and interest elasticities increase it is optimal for emerging markets to shift towards an interest rate instrument since continuing monetization of the economy implies money demand...

by Ashima Goyal | On 04 Nov 2011

The Financial Accelerator: An Emerging Market Story

In support of the financial-accelerator theory, evidence is found on countercyclical price-cost banking margins possibly explaining the amplifications of business cycles in Pakistan. [WP 41]. URL:[ht...

by Shah Hussein | On 03 Nov 2011

Macro-Economic Policy Outcomes and Agriculture Relation between Fiscal Deficits and Investment in Agriculture

In an earlier paper (Alagh, Munish, 2011) it was shown that macro economics matters in agriculture. The relevance of understanding the impact of macro-economic policy on agriculture was outlined. A...

by Munish Alagh | On 24 Oct 2011

Production and Marketing of Coconut in India

The production and marketing scenario of coconut in the country has witnessed a phenomenal development, particularly in the field of production such as development of improved high yielding dwarf va...

by Ministry of Agriculture GOI | On 21 Oct 2011

Relation between Population, Gender and Reproductive Health

Review of the book 'Population, Gender and Reproductive Health'. F Ram, Sayeed Unisa and T V Sekher (eds.), Rawat publications, 2011, 416 pp, Rs 925

by K.S. James | On 20 Oct 2011

An Empirical Analysis of Monetary and Fiscal Policy Interaction in India

This study analyses the behaviour of monetary and fiscal policies interaction in India using quarterly data for 2000Q2 to 2010Q1. It finds that, even after the elimination of automatic monetisation...

by Janak Raj | On 11 Oct 2011

ASEAN Auto Market Growing in the Shadow of China and India

The automobile industry in the ASEAN countries has expanded rapidly over the last few years. The growth potential of the ASEAN auto market and its now very major absolute importance for the industr...

by Eric Heymann | On 03 Oct 2011

Global Production Networks in Electronics and Intra-Asian Trade

The growth of East Asia’s intra-regional trade is driven largely by increased component trade within global electronics production networks. Data on both electronics trade and production elucidate a...

by Byron Gangnes | On 29 Sep 2011

Monetary Policy Dilemmas: Some RBI Perspectives

Over the last decade, the profile of central banks has gone up. First, we had the Great Moderation - a period of extraordinary benign macroeconomic environment globally, characterized by steady growth...

by Duvvuri Subbarao | On 27 Sep 2011

History of Monetary Policy in India since Independence

An SIIO paradigm, based on structure and ideas that become engraved in institutions and affect outcomes, is developed to examine and assesses monetary policy in India after independence. Narrative h...

by Ashima Goyal | On 16 Sep 2011

Pakistan: 10 Year Banking Strategy Paper for the Banking Sector Reforms

This paper maps out a strategy for banking sector reforms over the next decade. It is formulated by the State Bank of Pakistan (SBP) and is centered on reforms involving the SBP. But the Banking Secto...

by State Bank of Pakistan SBP | On 15 Sep 2011

Report of the Expert Committee on Licensing New Urban Co-operative Banks

With a view to increasing the coverage of banking services amongst local communities, it was proposed in the Annual Policy Statement for the year 2010-11 to set up a Committee comprising of all stakeh...

by Reserve Bank of India RBI | On 15 Sep 2011

Fertility Regulation in an Economic Crisis

Substantial international aid is spent reducing the cost of contraception in developing countries, as part of a larger effort to reduce global fertility and increase investment per child worldwide....

by Christopher McKelvey | On 09 Sep 2011

Mortality, the Family and the Indian Ocean Tsunami

Over 160,000 people died in the 2004 Indian Ocean tsunami. The correlates of survival are examined using data from the Study of the Tsunami Aftermath and Recovery (STAR), a population-representative...

by Elizabeth Frankenberg | On 06 Sep 2011

Agricultural Economy of India and Macro-Economic Effects: Some Empirical Results and a Research Agenda based on the Literature

This paper focuses on macroeconomic linkages with agriculture. From an extensive literature review the question that emerges is: is there a structural constraint in Indian agriculture or does Indian...

by Munish Alagh | On 02 Sep 2011

Agricultural Practice and its Relation to Poverty and Food Security in Selected River Basins in Bangladesh: A Situation Analysis

Poverty and food security in the context of Bangladesh has become a major concern over time. While efforts have been intensified to increase crop yield through increased land use, using inorganic fe...

by Shyamal C Ghosh | On 30 Aug 2011

Fertilizing Nature: A Tragedy of Excess in the Commons

Globally, we are applying excessive nitrogen (N) fertilizers to our agricultural crops, which ultimately causes nitrogen pollution to our ecosphere. The atmosphere is polluted by N2O and NOx gas...

by Allen G Good | On 17 Aug 2011

Financial Inclusion in India: A case-study of West Bengal

The study seeks to examine the extent of financial inclusion in West Bengal. It is observed from the study that although there has been an improvement in outreach activity in the banking sector, the...

by Sadhan Kumar Chattopadhyay | On 03 Aug 2011

Consultation Paper on Mobile Value Added Services

TRAI has initiated this consultation paper suo-motu focusing on future looking regulatory framework for provisioning of Mobile Value Added Services. URL:[http://www.trai.gov.in/WriteReadData/trai/uplo...

by Telecom Regulatory Authority of India (TRAI) | On 26 Jul 2011

"Why do I have to Clean Teeth Regularly?”: Perceptions and State of Oral and Dental Health in a Low-income Rural Community in Bangladesh

The general perception that dentistry is expensive keeps many people away from seeking treatment from registered professionals and make them hostage to the services of non-registered lay practitione...

by Syed Masud Ahmed | On 20 Jul 2011

A Voice for the Voiceless: Peer-to-peer Mobile Phone Networks for a Community Radio Service

A new application for mobile ad-hoc networks (MANETs) – community radio is proposed. How MANETS help overcome important limitations in how community radio is currently operationalized is shown here. A...

by Kavitha Ranganathan | On 19 Jul 2011

Shocks, Economic Growth and the Indian Economy

This paper analyses the impact of domestic and external shocks on the Indian economy. A macro-modelling framework is developed that evaluates the impact of two domestic shocks (rainfall shortfall an...

by B B Bhattacharya | On 15 Jul 2011

Lives and Livelihoods on the Streets of Dhaka City: Findings from a Population-based Exploratory Survey

BRAC has long been working to empower people and communities in situations of poverty, illiteracy, disease and social injustice. In recent years, BRAC has extended its activities to include the urba...

by Syed Masud Ahmed | On 11 Jul 2011

Mutual Funds and Market Development in India

A brief description of the role of Mutual Funds in money markets and government securities makets are provided. Some of the regulatory issues that arise are discussed. The role of Mutual Funds in fina...

by Subir Gokarn | On 08 Jul 2011

Detection and Forecasting of Islamic Calendar Effects in Time Series Data: Revisited

This paper is an attempt to revisit the pioneering work of Riazuddin and Khan (2002). A complete business cycle has been elapsed (2002-2010) since their study, so there is need to review the results ...

by Syed Kalim Hyder Bukhari | On 05 Jul 2011

Fisher’s Equation: Some Methodological Doubts

The Fisher's equation has become a foundation stone of modern macroeconomic, monetary and financial theories. Here it is shown that despite the estabilished status of Fisher's equation, it stands on...

by Rajas Parchure | On 04 Jul 2011

India’s Experience in Navigating the Trilemma: Do Capital Controls Help?

Managing capital flows is the key policy challenge for emerging economies like India in the aftermath of the crisis. In contrast to other emerging markets who are levying capital controls, India‘s mac...

by R. Kohli | On 04 Jul 2011

Evaluation of Food-for-Work (FFW) Component of Sampoorna Grameen Rozgar Yojana (SGRY) in Selected Districts of Maharashtra

The present study is an evaluation of the food-for-work component of Sampoorna Grameen Rozgar Yojana (SGRY) in Satara, Aurangabad, Gadchiroli and Akola districts of Maharashtra. SGRY was launched al...

by Manoj Panda | On 21 Jun 2011

Social Assistance and the ‘Dependency Syndrome'

This policy brief discusses the fact that social assistance is critical to counter the insecurity and vulnerability experienced by chronically poor people. Evidence shows that as well as preventing pe...

by Andrew Shepherd | On 30 May 2011

Labour Law and Special Economic Zones in India

Upon an initial reading of the SEZ Act it is not apparent whether the labour law governing Special Economic Zones (SEZs) in India is distinguishable from the law prevailing outside the zones. Howe...

by Jaivir Singh | On 25 May 2011

Monetary Policy and Credit Demand in India and Some EMEs

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

by B L Pandit | On 24 May 2011

Financial Sector Legislation: (Random) Lessons from (Random) Experinces

In this distinguished lecture on Law and Economics, the author shares the lessons in economics that he has learnt from random experiences of the same. [IGDIR PP-067] URL: [http://www.igidr.ac.in/pdf/p...

by Y. Venugopal Reddy | On 18 May 2011

Impact of Mobile Phones on College Activities

The college environment has totally altered with the extensive use of mobile phones. What is the nature of this change? What is the nature of use of different categories such as students, teachers an...

by Omkar Khandekar | On 16 May 2011

Monetary Operations and Central Bank Balance Sheets in a World of Limited Government Securities

The limited supply of government securities in some industrial countries has important ramifications for the operating techniques used by central banks to implement monetary policy, provide credit to...

by Mark Zelmer | On 16 May 2011

A Floating versus Managed Exchange Rate Regime in a DSGE Model of India

In this paper the authors first develop a two-bloc model of an emerging open economy interacting with the rest of the world calibrated using Indian and US data. The model features a fina...

by Nicoletta Batini | On 11 May 2011

Federalism and Fiscal Reform in India

This paper attempts to analyse the experience of incentivising economic reforms at the state level through central transfers to states. It reviews the experiences of the central government introdu...

by M. Govinda Rao | On 09 May 2011

How to Measure inflation in India?

What is the best inflation measure in India? What inflation measure is most relevant for monetary policy making in India? Questions of timeliness, weights in the price index, accuracy of food price m...

by Ila Patnaik | On 06 May 2011

Monetary Policy Statement 2011-12

This Statement sets out the Reserve Bank’s assessment of the current macroeconomic situation and projections. URL:[http://rbidocs.rbi.org.in/rdocs/notification/PDFs/APS030511F.pdf].

by Duvvuri Subbarao | On 03 May 2011

Deregulation of Savings Bank Deposit Interest Rate: A Discussion Paper

The paper is an attempt to deal with pros and cons of deregulating savings deposit interest rate and take on board the suggestions of various stakeholders for either maintaining the status quo or dere...

by Reserve Bank of India RBI | On 02 May 2011

Report of the Task Force on Credit Related Issues of Farmers

The Task Force visited 45 villages across 17 states and held state and regional level consultations to understand from women and men farmers, bankers, civil society, academicians, planners, activists,...

by National Bank for Agriculture and Rural Devt NABARD | On 27 Apr 2011

Van Panchayats in Three Villages: Dependency and Access

This particular field study is concerned with Van Panchayats, which can be seen as a variant of Common Property Resources. A comparison of the efficacy of this specific CPR across three villages in U...

by Chandana Anusha | On 27 Apr 2011

Find Me the Money: Financing Climate and Other Global Public Goods

In this paper, four categories of existing resource-mobilization options are examined, including (1) transportation levies; (2) currency and financial transaction taxes; (3) capitalization of IMF S...

by Nancy Birdsall | On 21 Apr 2011

Did the Indian Capital Controls Work as a Tool of Macroeconomic Policy?

In 2010 and 2011, there has been a fresh wave of interest in cap- ital controls. India is one of the few large countries with a complex system of capital controls, and hence others an opportunity to...

by Ila Patnaik | On 21 Apr 2011

Statement by Governor, RBI

There have been significant developments in the global economy since we met in the fall of 2010. The IMF too has moved on several fronts under its mandate which has strengthened its position in a chan...

by Duvvuri Subbarao | On 20 Apr 2011

Do Local Elections in Non-Democracies Increase Accountability? Evidence from Rural China

Unique survey data is used to study whether the introduction of local elections in China made local leaders more accountable towards local constituents. A simple model is developed to predict the e...

by Monica Martinez Bravo | On 18 Apr 2011

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

Foretelling the Mekong: Key Findings of the MRC’s Strategic Environmental Assessment on Mekong Mainstream Dams

With 11 large hydropower dams proposed to block the Lower Mekong River’s mainstream, the future of the river lies at a crossroads. To inform decision-making, in October 2010, the Mekong River Commiss...

by International Rivers Network IRN | On 29 Mar 2011

Economic Survey, 2010-11, Maharashtra

State income, public finances, agriculture and animal husbandry, education, health, population etc are given importance in the economic survey. URL: [http://mahades.maharashtra.gov.in/files/publicatio...

by Maharashtra Government | On 23 Mar 2011

Budget for Gender Equity

The budgetary policy of the Government has a major role to play in achieving objectives of gender equality and growth through content and direction of Fiscal and Monetary Policies, measures for r...

by Government of India Ministry of Women and Child Development | On 08 Mar 2011

Governance in Indonesia:Some Comments

Governance is often a difficult process. Proper governance ideally involves formulating an overall strategy of operations, translating this strategy into specific policies and decisions, and then im...

by Peter McCawley | On 03 Mar 2011

Budget 2011-2012

Budget speech 2011-2012 by Pranab Mukherjee.

by Pranab Mukherjee | On 01 Mar 2011

Forests in Global Warming

The multidisciplinary research project on the Forest in the North and the South, organised by UNU-WIDER, shows that, in spite of modest forest expansions in the North, the ongoing deforestation of the...

by Patrick Humphreys | On 28 Feb 2011

Economic Survey, 2010-11, Chapter 1

State of the Economy and prospects. URL:[http://www.indiabudget.nic.in/es2010-11/echap-01.pdf].

by Ministry of Finance | On 28 Feb 2011

Central Bank Lessons from the Global Crisis

Nine preliminary lessons from the Great Recession for monetary and financial policies are presented. [3rd P. R. Brahmananda Memorial Lecture].

by Stanley Fischer | On 18 Feb 2011

Punishing the Poor? A Look at Evidence and Action Regarding User Fees in Health Care

This policy brief aims to summarise evidence and discuss various concerns about charging user fees from a low-income perspective.

by ... CEHAT | On 16 Feb 2011

Report to the People on Environment and Forests: 2009-2010

The present report aims to generate greater awareness and environmental consciousness amongst our citizens. The objective of the report, therefore, is to generate a national debate among various s...

by Ministry of Environment and Forests GOI | On 16 Feb 2011

Towards Universal, Comprehensive and Equitable National Health Systems: The 22 Years Brazilian Experience in its Context

The presentation outlines the 22 years of Brazilian experience in of evolving a comprehensive health care strategy

by Armando De Negri Filho | On 10 Feb 2011

The Global Economic Crisis and Rebalancing Growth in East Asia

Since the beginning of the second quarter of 2009, Asia has staged an impressive recovery. The People’s Republic of China (PRC), Indonesia, Republic of Korea, and Singapore grew by an average annua...

by Yung Chul Park | On 07 Feb 2011

India’s Fiscal and Monetary Framework: Growth in An Opening Economy

Since a crisis is a shock impinging on a system, the response can be used to deduce aspects of the system’s structure. Analysis of the crisis and recovery suggests aggregate supply in India is elasti...

by Ashima Goyal | On 01 Feb 2011

Third Quarter Review of Monetary Policy 2010-11

This statement sets out the Reserve Bank’s assessment of the current macroeconomic situation and forward projections.

by D Subbarao | On 31 Jan 2011

Singapore's Exchange Rate-Based Monetary Policy: A Critical Evaluation

The exchange rate-based monetary policy followed by the Monetary Authority of Singapore (MAS) is outlined. Possible theoretical frameworks, including a reaction function is outlined. The way the MAS h...

by Partha Sen | On 31 Jan 2011

Importance of Technological Innovation for SME Growth: Evidence from India

This paper probes the drivers, dimensions, achievements, and outcomes of technological innovations carried out by SMEs in the auto components, electronics, and machine tool sectors of Bangalore in...

by M. H. Bala Subrahmanya | On 25 Jan 2011

Revisiting Matlab: Repeat Survey 1999

Linkage between socioeconomic development and improved health and well-being has been a matter of growing interest among social scientists and development practitioners, especially the processes and...

by Syed Masud Ahmed | On 14 Jan 2011

Ethnic Minority Poverty in Vietnam

The paper examines various aspects of development of minority in Vietnam.

by Bob Baulch | On 07 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

Engaging Elite Support for the Poorest? BRAC’s Experience with the Ultra Poor Programme

This paper describes and draws lessons from the experience of engaging village elites in support of the ultrapoor through the Gram Shahayak Committees (GSC), as part of BRAC’s CFPR/TUP programme. [C...

by Naomi Hossain | On 07 Jan 2011

Monetary Policy, Capital Flows, and the Exchange Rate

The use of monetary policy in India has been constrained by a loose fiscal policy and capital flows. Capital inflows have the potential to cause a Dutch Disease-type situation. The RBI has carried out...

by Partha Sen | On 06 Jan 2011

Measuring the Quality of Life across Countries: A Sensitivity Analysis of Well-being Indices

This paper attempts to provide a comprehensive analysis of interrelationships among the determinants of the quality of life (QOL). They show that various measures of well-being are highly sensitiv...

by Tauhidur Rahman | On 28 Dec 2010

The Two Cultures Revisited: Some Reflections on the Environment-Development Debate in India

The speech is mainly about the "two cultures” (modern society—the cultures of the science and that of the humanities) syndrome—the apparent gap between those espousing the case for faster economic g...

by Jairam Ramesh | On 23 Dec 2010

Monetary Policy Considerations after the Crisis: Practitioners’ Perspectives

Economic stability can be seen as an essential component of any strategy for inclusive development. To the extent that central banks play a role in providing that stability, the experience of the cris...

by Subir Gokarn | On 21 Dec 2010

Technology and Indonesia’s Industrial Competitiveness

This paper will discuss the major factors, which affect Indonesia’s industrial competitiveness, specifically the determinants of its industrial technology development, which is crucial to raising Indo...

by Thee Kian Wie | On 09 Dec 2010

Transparency and Corruption: Does E-Government Help?

Through its pioneering surveys in recent years, the Transparency International (TI) has tried to gauge the extent of corruption in different countries, identify Government departments where corruption...

by Prof. Subhash Bhatnagar | On 06 Dec 2010

Consultation Paper on Revenue Sharing Arrangement for Intelligent Network Services

This consultation paper aims to seek the views of stakeholders to assist TRAI in arriving at a framework by which interconnecting service providers may be fairly compensated for Intelligent Network...

by Telecom Regulatory Authority of India TRAI | On 30 Nov 2010

The Relationship between Income Inequality, Poverty, and Globalization

This paper introduces two composite indices of globalization. The first is based on the Kearney/Foreign Policy magazine and the second is obtained from principal component analysis. They indicate...

by Almas Heshmati | On 30 Nov 2010

How Responsive is Poverty to Growth? A Regional Analysis of Poverty, Inequality, and Growth in Indonesia, 1984-99

This paper uses six nationally representative household consumption surveys to develop successive poverty profiles for Indonesia over a fifteen-year period of sustained high growth followed by rapi...

by Jed Friedman | On 11 Nov 2010

Monetary Policy Strategies in the Asia and Pacific Region: What Way Forward?

Monetary policy frameworks in the Asia and Pacific region have performed well in the past decade as judged by inflation outcomes. We argue that this is due to three principal factors: (i) central bank...

by Andrew Filardo | On 08 Nov 2010

Asset Market Structures and Monetary Policy in a Small Open Economy

This paper sets up a canonical new Keynesian small open economy model with nominal price rigidities to explore the impact of habit persistence and exchange rate pass-through on the welfare ranking of...

by Yongseung Jung | On 01 Nov 2010

On Some Monetarist Arithmetic

The paper improves upon the original Sargent-Wallace (SW) version which had to resort to numerical simulations to prove this point It is also shown that incorporating the Mundeil-Tobin and Darby-Tanzi...

by M J Manohar Rao | On 13 Oct 2010

Stemming Girls’ Chronic Poverty: Catalysing Development Change by Building Just Social Institutions

Childhood, adolescence and early adulthood remain for many girls and young women a period of deprivation, danger and vulnerability, resulting in a signifcant lack of agency and critical developm...

by Nicola Jones | 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

Critical Evaluation of Cross-Border Infrastructure Projects in Asia

This paper attempts to fill gaps faced by policymakers and practitioners in the evaluation of cross-border infrastructure projects. It first defines what constitutes cross-border infrastructure projec...

by Manabu Fujimura | On 07 Oct 2010

Beyond Short-Term Thinking: How to Spend Billions Well in Pakistan, for Them and for Us

This essay draws on the work of the Center for Global Development’s Study Group on U.S. Development Strategy in Pakistan and on the ideas in the group’s open letters to Ambassador Richard Holbrooke...

by Nancy Birdsall | On 05 Oct 2010

Asia’s Role in the Global Financial Architecture

The global economic and financial landscape has been transformed over the past decade by the growing economic size and financial power of emerging economies. The new G20 summit process, which includes...

by Masahiro Kawai | On 05 Oct 2010

The Transfer Paradox in a One-Sector Overlapping Generations Model

This paper examines the effects of international income transfers on welfare and capital accumulation in a one-sector overlapping generations model. It is shown that a strong form of the transfer para...

by Partha Sen | On 15 Sep 2010

Who Leaves and Who Returns? Deciphering Immigrant Self-Selection from a Developing Country

Existing research examining the self-selection of immigrants suffers from a lack of information on the immigrants’ labor force activities in the home country, quotas limiting who is allowed to enter t...

by Randall K. Q. Akee | On 09 Sep 2010

Measurement of Inflation in India: Issues and Associated Challenges for the Conduct of Monetary Policy

In India, there is a large divergence between CPI and WPI inflation trends in the past, wide dispersion in inflation across commodity groups within WPI, and significant volatility in headline WPI in...

by Nadhanael G V | On 08 Sep 2010

ICTs and Urban Microenterprises: Identifying and Maximizing Opportunities for Economic Development

The research reported here was guided by three questions: (1) What are the current and potential patterns of mobile phone, landline, PC, and Internet café use among urban microentrepreneurs? (2) Are m...

by Vigneswara Ilavarasan | On 06 Sep 2010

'Follow the money'

This editorial is about understanding the mining business in the state of Orissa by following the money.

by T.N. Ninan | On 30 Aug 2010

Encouraging Cooperation in Ad-hoc Mobile-Phone Mesh Networks for Rural Connectivity

This paper proposes a rating based scheme for encouraging user participation in adhoc mobile phone mesh networks. These networks are particularly attractive for remote/rural areas in developing coun...

by Kavitha Ranganathan | On 06 Aug 2010

What Singapore Can Learn from Indonesia

This report series is all about the growing recognition that Singapore can also learn from the experiences of Indonesia. [Report No.1]

by H.P. Desker | On 06 Aug 2010

Do Emotions Improve Labor Market Outcomes?

Traditionally, models of economic decision-making assume that individuals are rational and emotionless. This chapter argues that the neglect of emotion in economic models explains their inability to...

by Lorenz Goette | On 06 Aug 2010

Exchange Rate Arrangements For East Asia Post-Crisis: Examining The Case For Open Economy Inflation Targeting

The infeasibility of a monetary union for East Asia in the near future, as well as the limitations of other forms of super fixes, appears to leave a flexible regime as the only viable policy option....

by Tony Cavoli | On 30 Jul 2010

The Japanese Economy and Economic Policy in Light of the East Asian Financial Crisis

The depth and breadth of the East Asian financial crisis has added a sense of acute urgency for some concrete and credible measures by policy-makers to revitalise the Japanese economy. While steps...

by Ramkishen Rajan | On 23 Jul 2010

Implications Of The Economic Rise Of The PRC For Asean and India: Trade and Foreign Direct Investment

An important and vigorous policy debate ongoing in Asia concerns the impact of the economic rise of the PRC on the rest of the region. This paper examines the relative performances of the PRC, selec...

by Sadhana Srivastava | On 20 Jul 2010

Examining The Case For Reserve Pooling In East Asia: Empirical Analysis

Two features of East Asia’s recovery from the financial turmoil of 1997- 98 appear to be rather paradoxical. First, the regional economies (except Hong Kong, China and Malaysia) have allowed a relat...

by Ramkishen S. Rajan | On 20 Jul 2010

Cutting the costs of attrition: Results from the Indonesia Family Life Survey

Attrition is the Achilles heel of longitudinal surveys. Drawing on our experience in the Indonesia Family Life Survey, we describe survey design and field strategies that contributed to minimizing a...

by Duncan Thomas | On 13 Jul 2010

Collective Action in Diverse Sierra Leone Communities

Scholars have pointed to ethnic and other social divisions as a leading cause of economic underdevelopment, due in part to their adverse effects on public good provision and collective action. We inve...

by Rachel Glennerster | On 13 Jul 2010

Price Impact of Block Trades and Price Behavior Surrounding Block Trades in Indian Capital Market

This paper analyzes the permanent (information effect) and temporary (liquidity effect) impact of block trades transacted in the National Stock Exchange of India.[W.P. No. 2010-04-02]

by Sobhesh Kumar Agarwalla | On 29 Jun 2010

How Long Can The G20 old Itself Together?A Power Analysis

Since its emergence before the Cancun Ministerial in September 2003, the Group of 20 developing countries (which includes South Africa, India, China, Indonesia, Thailand and Pakistan) has become an im...

by Prabhash Ranjan | On 21 Jun 2010

NAMA Tariff Negotiations: What Are South Asia's Best Options?

This paper looks at the possible impact of ongoing tariff negotiations on South Asian countries, namely Bangladesh, India, Nepal, Pakistan and Sri Lanka, at an aggregate level or at the Multilateral T...

by Prabhash Ranjan | On 21 Jun 2010

The Currency and Financial Crisis in Southeast Asia: A Case of 'Sudden Death' or Death Foretold'?

Almost all existing studies on the causes, consequences and policy implications of the economic and financial crisis faced by East Asia have provided only a cursory discussion of broad data at best,...

by Ramkishen Rajan | On 18 Jun 2010

The Exchange Rate Regime in Asia: From Crisis to Crisis

Prior to the Asian financial crisis, most Asian exchange rates were de facto pegged to the US Dollar. In the crisis, many economies experienced a brief period of extreme flexibility. A `fear of float...

by Ila Patnaik | On 18 Jun 2010

Wine Industry in Maharashtra: An Analysis

Two of the countryʹs biggest grape-producing districts, Nasik and Sangli, are in Maharashtra; 20,000 hectares of vineyards here grow more than one lac tons of grapes a year. As much as 99 per ce...

by Sudipto Mitra | On 15 Jun 2010

Addressing Agricultural Power Subsidy: A Case Study of North Gujarat

This paper on the basis of fieldwork in the region of North Gujarat tries to analyze the perceptions among various sections of the farmers and examines whether the subsidy is pro-poor in nature. The...

by Vidyut Joshi | On 07 Jun 2010

Grassroot Empowerment (1975-1990): A Discussion Paper

The discussion focusses on women in poverty their concentration in rural and urban areas, and the organisational approach for their mobilization and empowerment. Maximum emphasis has been placed on...

by Narayana K Banerjee | On 17 May 2010

Commonwealth Games 2010: Displacement of Persons

This research paper analyses Government policy with regard to Jhuggi-Jhopri clusters- a particular type of housing present in Delhi. These colonies are perceived to be illegal by the Government. Wit...

by Eshaan Puri | On 13 Apr 2010

Education Impact Study: The Global Recession and the Capacity of Colleges and Universities to Serve Vulnerable Populations in Asia

This paper reviews the capacity of colleges and universities to serve poor and vulnerable populations during past and present economic shocks. The main argument is that the environment of the global r...

by Gerard Postiglione | On 12 Apr 2010

Implementation of Monetary Policy in India

How does the Reserve Bank of India implement monetary policy? The objectives and framework of monetary policy, as they have evolved, the operational aspects of monetary policy have been discussed. Th...

by Deepak Mohanty | On 08 Apr 2010

Climate Change and the Future Impacts of Storm-Surge Disasters in Developing Countries

The implications of sea-level rise and storm surges for 84 developing countries and 577 of their cyclone-vulnerable coastal cities with populations greater than 100,000 are explored. Combining the mos...

by Susmita Dasgupta | On 25 Feb 2010

Prevalence and Costs of Childhood Diarrhoea in the Slums of Dhaka

This study seeks to identify the engineering, behavioural and socio-economic determinants of childhood diarrhoea and its duration and to compute the resulting costs borne by slum dwellers. The study...

by M. Jahangir Alam | On 22 Feb 2010

Asia Confronts the Impossible Trinity

Capital account openness and exchange rate flexibility in 11 Asian countries are examined. Asia has made slow progress on de jure capital account openness, but has made much more progress on de facto...

by Ila Patnaik | On 04 Feb 2010

Dilli Sarkar’s Advertisement Expenditure: Information or Publicity?

To find out whether our government is spending an astronomical amount of taxpayer’s money publicising itself rather than disseminating information, facts and figures were assimilated. By tracking f...

by Kumar Gaurav | On 29 Jan 2010

Exchange Market Pressure and Monetary Policy

The objective of this study is to examine empirically the impact of monetary policy on exchange market pressure (EMP) in Bangladesh. EMP is measured as the sum of percentage change of international re...

by Sayera Younus | On 29 Jan 2010

Third Quarter Review of Monetary Policy 2009-10

The Reserve Bank has pursued an accommodative monetary policy beginning mid-September 2008 in order to mitigate the adverse impact of the global financial crisis on the Indian economy. The measures ta...

by D Subbarao | On 29 Jan 2010

Can Mangroves Minimize Property Loss during Big Storms? An Analysis of House Damage due to the Super Cyclone in Orissa

This paper estimates the storm protection benefits due to mangroves during the super cyclone of 1999 in Orissa. By combining GIS data with census information, the paper examines the mangrove mediate...

by Saudamini Das | On 25 Jan 2010

Water Democracy: Reclaiming Public Water in Asia

This collection of 19 new essays written by civil society activists, trade unionists and other water practitioners, presents examples of ongoing struggles against water privatization and commercia...

by Focus on the Global South FGS | On 22 Jan 2010

Examining Role of the State in Health Care: A Study of Motikhavadi-Special Economic Zone (SEZ-Jamnagar)

This paper examines the health services provided by Reliance Industries in the village, Motikhavadi, which comes under the Special economic Zone- Jamnagar to scrutinise the role of the state, especi...

by Shilpa Jadhav Bhakre | On 22 Jan 2010

Measures of Inflation in India: Issues and Perspectives

A review of the various primary measures of inflation with a particular reference to the divergence between WPI and CPI. Focus is also given on different secondary (derived) measures of inflation, par...

by Deepak Mohanty | On 21 Jan 2010

Book Review: Microfinance-Is it a means of Empowering Women?

Multiple Meanings of Money: How Women See Microfinance by Smita Premchander, V. Prameela, M. Chidambaranathan, L. JeyaseelanSage publication, 2009, Pp 264, Rs. 595/-

by Sanchita Das | On 20 Jan 2010

Why India Choked when Lehman Broke

India has an elaborate system of capital controls which impede cap- ital mobility and particularly short-term debt. Yet, when the global money market fell into turmoil after the bankruptcy of Lehman...

by Ila Patnaik | On 19 Jan 2010

A Marketing Scheme for Making Money off Innocent People: A User’s Manual

Firms often give away free goods with the product that they sell. Firms often give stock options to their top management and other employees. Mixing these two practices—giving stock options to consu...

by Kaushik Basu | On 15 Dec 2009

The Difficulties of the Chinese and Indian Exchange Rate Regimes

China and India have both attempted distorting the exchange rate in order to foster exports-led growth. This is described as the Bretton Woods II framework, where developing countries buy bonds in the...

by Ila Patnaik | On 30 Nov 2009

Should Asian Countries Adopt Gm Crops Despite Trade Regulations

This brief summarizes a study evaluating the potential economic effects of introducing genetically modified (GM) food crops in India, Bangladesh, Indonesia, and the Philippines in the presence of trad...

by Guillaume Gruère | On 11 Nov 2009

The Deluge of Debt: Understanding the Financial Needs of Poor Households

This paper is about the financial lives of poor households. It examines the different sources of income and expenditure of the poor households residing in a coastal settlement in Kerala. The method...

by B. S. Suran | On 29 Oct 2009

Learning from Crises

Recollect and recount lessons from crises. The key lessons are how to anticipate and take pre-emptive action and equally important, once you are in the middle of it, how to respond effectively namely,...

by Usha Thorat | On 22 Oct 2009

Telecommunications Infrastructure and Economic Growth: Evidence from Developing Countries

Simultaneous relationship between telecommunications and the economic growth, using data for developing countries are examined. Using 3SLS, a system of equations that endogenize economic growth and...

by Kala Seetharam Sridhar | On 15 Oct 2009

Emerging Market Concerns: An Indian Perspective

From the perspective of Emerging Market Economies (EMEs) and particularly for that of India, five concerns are expressed. These are: first, timing of exit from the accommodative monetary policy in the...

by D Subbarao | On 15 Oct 2009

Kerala Fights Clock in ASEAN Free-Trade Deal

The paper discusses the impacts of free-trade policy on the agricultural exports of Kerala.

by Ranjit Devraj | On 08 Oct 2009

Monetary Policy, Forex Markets and Feedback Under Uncertainity in an Opening Economy

Options for monetary policy arising from interactions between it and Indian foreign exchange (FX) markets. A brief survey covers recent rapid changes providing a snapshot of current microstructure, ...

by Ashima Goyal | On 14 Sep 2009

Do Remittances Impact the Economy? Some Empirical Evidences from A Developing Economy

The study attempts to examine the impact of remittances on macroeconomic activities (private consumption and investment) and its implications on economic growth in India for the period from 1966-67 to...

by Hrushikesh Mallick | On 01 Sep 2009

Aam Admi Budget Bypasses India’s Children

Money for Education, Health, Child Protection not enough for 400 million children’s basic rights

by Juhi H | On 17 Jul 2009

Impact of Global Financial Crisis on Reserve Bank of India (RBI) as a National Regulator

The multi-dimensional role of RBI and how it reponded to the financial crisis is depicted in the presentation. [Presentation made at the 56th EXCOM Meeting and FinPower CEO Forum organised by APRACA a...

by Usha Thorat | On 15 Jul 2009

Key Features of Budget 2009-2010

Key features of budget presented by the Finance Minister

by Pranab Mukherjee | On 06 Jul 2009

Report of the Internal Working Group on Debt Management

Establishing a debt management office would consolidate all debt management functions in a single agency, and be the catalyst for wider institutional reform and transparency about public debt. It is i...

by Ministry of Finance | On 04 Jul 2009

Emerging Contours of Financial Regulation: Challenges and Dynamics

The paper attempts to analyse the emerging contours of regulation of financial institutions with an emphasis on the emerging challenges and dynamics. [Paper prepared for Financial Stability Review of...

by Rakesh Mohan | On 29 Jun 2009

Inflation and the Poor in Bangladesh

This note analyses the major characteristics of the current inflationary episode in the economy along with its probable impact on different population groups in Bangladesh. The note also draws some po...

by Mustafa. K. Mujeri | On 27 Jun 2009

Inflation in Bangladesh: Does the Changing Consumption Pattern Affect its Measurement ?

The paper analyzes the effects of changes in consumption factor on the calculation of inflation calculation in Bangladesh. This is important as there might exist some volatile and non-trend components...

by Md. Habibour Rahman | On 27 Jun 2009

Measuring Inflationary Pressure in Bangladesh: The P-Star Approach

The paper estimates the P* model for Bangladesh economy and test its forecasting ability through generating recursive forecasts. The empirical result shows that the model performs relatively well and...

by Mustafa. K. Mujeri | On 27 Jun 2009

Relative Effectiveness of Monetary and Fiscal Policies on Output Growth in Bangladesh: A VAR Approach

This paper investigates the relative importance of monetary and fiscal policies in altering real output of Bangladesh. An unrestricted vector auto regression (VAR) framework based on the St. Louis equ...

by Md. Habibur Rahman | On 27 Jun 2009

Sources of FDI Flows to Developing Asia: The Roles of Distance and Time Zones

This paper investigates sources and determinants of foreign direct investment (FDI) flows to developing Asia using bilateral FDI flows for the period 1990-2005. With regard to the determinants of FDI...

by Rabin Hattari | On 27 Jun 2009

Impact of Monetary Policy Changes in a Semi-Global Economy: Evidence from Bangladesh

The study examines the impact of changes in monetary policy in Bangladesh. Specifically, the study examines the impact of domestic and foreign monetary shocks on Bangladesh’s major economic aggregate...

by Sayera Younus | On 22 Jun 2009

Financial Development and Velocity of Money in Bangladesh: A Vector Auto- Regression Analysis

The study uses co-integration and vector auto-regression (VAR) techniques to identify the determinants of income velocity of money (VM) in Bangladesh, covering both narrow and broad money. The study o...

by Md. Akhtaruzzaman | On 15 Jun 2009

Employment Promoting Growth in Bangladesh: Monetary and Financial Sector Issues

Although economic growth has improved in recent years in Bangladesh, the better economic performance has not translated into satisfactory poverty reduction. The type of growth that matters Bangladesh...

by Mustafa. K. Mujeri | On 15 Jun 2009

Foreign Exchange Liberalization: Perceptions, Realities and Way Forward

The article focuses on understanding of the economics of the exchange control liberalisation in macroeconomic perspectives and, therefore, the article does not attempt to interpret or explore the lega...

by P Samarasiri | On 12 Jun 2009

Role of Science & Technology, Higher Education and Research in Regional Socio-Economic Development

This paper is an attempt to focus on the role of Science and Technology (S&T) on regional development of India by considering 21 Indian states. The Index approach using the Principal Component techniq...

by Rajesh Shukla | On 12 Jun 2009

Does the Currency Regime Shape Unhedged Currency Exposure?

This paper examines how unhedged currency exposure of firms varies with changes in currency exibility. A sequence of four time-periods with alternating high and low currency volatility in India prov...

by Ila Patnaik | On 11 Jun 2009

A New Debt Crisis? Assessing the Impact of the Financial Crisis on Developing Countries

This report is intended as a wake-up call to anyone who thinks the developing world debt crisis has been resolved. In fact, it assesses fears of a new debt crisis, more serious than before, spreading...

by Sarah Edwards | On 11 Jun 2009

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

Determination of Inflation in an Open Economy Phillips Curve Framework: The Case of Developed and Developing Asian Countries

This paper investigates the determination of inflation in the framework of an open economy forward-looking as well as conventional backward-looking Phillips curve for eight Asian countries- Japan, Ho...

by Pami Dua | On 22 May 2009

Regional Monetary Units for East Asia: Lessons from Europe

This paper reports the European experience with a basket currency, the ECU. The ECU was initially introduced as a reference unit and later became the anchor of the European Monetary System. Public pol...

by Girardin Eric | On 22 May 2009

Summary of the Welcome Remarks by Dr.Bimal Jalan, Governor, at the 11th C.D. Deshmukh Memorial Lecture

Dr. Bimal Jalan, Governor gave a welcome remark to Prof. Charles Goodhart on his 11th C. D. Deshmukh Memorial Lecture on 'Whither Central Banking ?' This paper revolves around Dr. Jalan's summary and...

by Dr Bimal Jalan | On 21 May 2009

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...

by Anil K Gupta | On 21 May 2009

Macroeconometric Policy Modeling for India: A Review of Some Analytical Issues

Macroeconomic modelling is generally motivated by two objectives: forecasting and more significantly, policy analysis. In pursuit of both these objectives, every model must ideally satisfy four crite...

by V. Pandit | On 16 May 2009

Agricultural Impact of Climate Change: A General Equilibrium Analysis with Special Reference to Southeast Asia

Capitalizing on the most recent worldwide estimates of the impacts of climate change on agricultural production, this paper assesses the economic effects of climate change for Southeast Asian countrie...

by Fan Zhai | On 14 May 2009

Agricultural Impact of Climate Change: A General Equilibrium Analysis with Special Reference to Southeast Asia

Capitalizing on the most recent worldwide estimates of the impacts of climate change on agriculture production, this paper assesses the economic effects of climate change for Southeast Asian countries...

by Fan Zhai | On 01 May 2009

Global Financial Crisis: Causes, Consequences and India’s Prospects

Presentation shows the global financial crisis, the difference between US, Europe and India, RBI’s policy response and impact, lessons from the crisis, medium-term issues and challenges. [Speech deliv...

by Rakesh Mohan | On 29 Apr 2009

Controlling Money and Politics – An Exercise in Damage Control

In many countries political financial regulations have been introduced.

by Marcin Walecki | On 28 Apr 2009

EC Controversy: What are the Issues? EC Controversy: What Are the Issues

A comprehensive and logically rigorous analysis of the issues raised by the recommendation of the Chief Election Commissioner N.Gopalaswami for the removal of Election Commissioner Navin Chawla, the...

by Ramaswamy R. Iyer | On 03 Apr 2009

Macroeconomic Effects Of Public Invesment In Infrastructure In India

This paper attempts to build an aggregative, structural,macroeconometric model for India. Investment and output in the model are disaggregated into four sectors namely(a) agriculture including forestr...

by K.N Murty | On 02 Mar 2009

Impact of the Global Financial Crisis on India Collateral Damage and Response

The impact of economic crisis on India has been analysed in the speech. [Speech delivered at the Symposium on 'The Global Economic Crisis and Challenges for the Asian Economy in a Changing World'].

by Duvvuri Subbarao | On 24 Feb 2009

Cities with Suburbs: Evidence from India

For a country like India that contains a large number of Urban Agglomerations (UAs), suburbanisation has drawn little attention of the literature. I focus on this sparsely studied issue in this work....

by Kala Seetharam Sridhar | On 20 Feb 2009

Some Reflections on the Recent Global Financial Turmoil – an Indian Perspective

The speech tries to underline some lessones that be drawn from the financial crisis relevant to regulation, financial markets and the market infrastructure and to reflect on these. [Annual Conference...

by Shyamala Gopinath | On 15 Jan 2009

Reducing Currency and Maturity Mismatch

The main objectives of this report are to identify and propose policies, factors and conditions that could mitigate or avoid double mismatches. policies here means any course of action pursued and ad...

by Khee-Giap Tan | On 19 Dec 2008

Controlling Money and Politics – An Exercise in Damage Control

Whether there should be transparency in political finance? Whether there should be a control over the money that the political parties are receiving?

by Marcin Walecki | On 04 Dec 2008

The Role of Fiscal and Monetary Policies in Sustaining Growth with Stability in India

This paper focuses on the role of fiscal and monetary policies in the evolution of the Indian economy over the years, with particular attention being given to the reforms undertaken in these policies...

by Rakesh Mohan | On 28 Nov 2008

The Chinese Export Bundles: Patterns, Puzzles and Possible Explanations

Using product-level data on exports from different cities within China, this paper investigates the contributing factors to the rising export sophistication. [WP no. 226].

by Zhi Wang | On 26 Nov 2008

International Financial Regulation : The Quiet Revolution

The author points out that the general directions of change adopted by the financial authorities in countries around the world in response to the market turbulence of 1997 and 1998 are correct. But, e...

by Howard Davies | On 14 Oct 2008

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

The Natural Interest Rate in Emerging Markets

An optimizing model of a small open emerging market economy (SOEME) with dualistic labour markets and two types of consumers, is used to derive the natural interest rate, terms of trade and potentia...

by Ashima Goyal | On 24 Sep 2008

An Investigation of Incongruency and Distraction Hypotheses: The Context of Dubbed TV Commercials

The current study seeks to understand the effectiveness of commercials that are basically nation-wide commercials dubbed in the regional languages, while not changing any part of the visual: thus they...

by Venkatesh P | On 16 Aug 2008

Fiscal Policy and Economic Reforms

A practitioner’s perspective of fiscal policy, and economic reforms.

by Y V Reddy | On 14 Aug 2008

Banking Sector Reforms and Equity a Sub-Regional Analysis in Andhra Pradesh

In this study an attempt is made to examine the equity aspect due to reforms in the banking sector at sub-regional level in the state of Andhra Pradesh covering the period 1985 to 2004. [CESS WP 68]...

by K S Reddy | On 04 Aug 2008

Macroeconomic and Monetary Developments First Quarter Review 2008-09

The Reserve Bank released the document “Macroeconomic and Monetary Developments: First Quarter Review 2008-09” to serve as a backdrop to the First Quarter Review of Annual Policy Statement for 2008-0...

by Reserve Bank of India | On 28 Jul 2008

Managing Capital Flows: The Case of India

From the early 1990s, India embarked on easing capital controls. Liberalization emphasised openness towards equity flows, both FDI and portfolio flows. In particular, there are few barriers in the fa...

by Ajay Shah | On 24 Jul 2008

The Unqualified Medical Practitioners Methods of Practice and Nexus with the Qualified Doctors

The presence of a large number of unqualified medical practitioners in the rural areas and urban slums indicate that they provide most of the outpatient services in the private sector. Given the huge...

by Naryana K V | On 08 Jul 2008

FEER, June 2008

Table of Contents Agriculture: More Pain Ahead for China’s Food Prices Huang Jikun, Qiu Huanguan and Scott Rozelle, agricultural economists, show that expensive oil is driving China’s high food pric...

by FEER | On 18 Jun 2008

Innovation and Growth: Role of the Financial Sector

A brief overview is provided about India’s long-term growth performance. Then an attempt is made to set out the conditions for successful innovations. To assess the role of innovations in the Indian...

by Rakesh Mohan | On 03 Apr 2008

Markets, politics and freedom in the work of Hannah Arendt

Like the alchemist's philosopher's stone of old, though, the heavy artillery of game theory is being wheeled out in more and more sophisticated models, in the hope of converting the lead of individual...

by Kevin Quinn | On 17 Mar 2008

Budget 2008-09 and Children A First Glance

Budget for Children (BfC) is not a separate budget. It is merely an attempt to disaggregate from the overall budget, the allocations made specifically for programmes that benefit children. From 2000-0...

by HAQ Centre for Child Rights HAQCRC | On 04 Mar 2008

Introducing the Railway Budget 2008-2009

Speech of Lalu Prasad

by Lalu Prasad | On 27 Feb 2008

Regulation of Informal Financial Institutions: A Study of Money Lenders in Kerala

The working of money lenders in Kerala are analysed. Based on a sample survey, the paper has estimated the volume of deposits and credits extended by money lenders in Kerala and has brought out the un...

by P D Jeromi | On 13 Feb 2008

Environmentally Sound Technologies for Sustainable Development of China and India

The paper compares policy responses of China and India to the global requirements of trade and environment regimes as well as the domestic compulsions are compared.

by Sankar U | On 11 Feb 2008

Release Dr. Binayak Sen: Health Human Right and Development Activist--Prisoner of Conscience in Chhatisgarh, 2007-08

Dr. Binayak Sen – paediatrician, public health professional and civil liberties activist – was arrested by the Chhattisgarh police on 14th May 2007 at Bilaspur, Chhattisgarh. Asked by the Superintende...

by Medico Friend Circle | On 07 Feb 2008

Third Quarter Review of Annual Monetary Policy for the Year 2007-08

Review consists of three sections: I. Assessment of Macroeconomic and Monetary Developments; II. Stance of Monetary Policy; and III. Monetary Measures. An analytical profile of macroeconomic a...

by Y V Reddy | On 30 Jan 2008

Remembering Suharto

Suharto's image abroad will mostly be as a Cold Warrior and unwanted tyrant, but most Indonesians see him through a more complicated filter. His death may now mark the beginning of a journey to a grea...

by Jeremy Wagstaff | On 30 Jan 2008

Judging Suharto

Will history treat Suharto kindly? Certainly many of his countrymen today do not. But the pendulum of condemnation has swung too far, and Suharto’s death last week should be the impetus for a reapprai...

by Hugo Restall | On 30 Jan 2008

Macro-economic Management of the Indian Economy: Capital Flows, Interest Rates and Inflation

The paper lays out a consistent frame work for monetary management in the context of excess capital inflows. There is an urgent need for developing competitive, open and well regulated markets for (...

by Arvind Virmani | On 24 Jan 2008

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

Management of the Capital Account in India: Some Perspectives

Management of capital accounts in the global context and in the Indian context. [Inaugural address delivered by Dr. Y. V. Reddy, Governor, Reserve Bank of India at the Annual Conference of the Indian...

by Y V Reddy | On 08 Jan 2008

People’s Health Movement in India

‘Health movement’ as an area of social work has been comparatively a newer tradition that has emerged during last 25 years. In India, today about 10 million people are pushed below the poverty line an...

by Anant Phadke | On 28 Dec 2007

Mangroves - A Natural Defense against Cyclones: An investigation from Orissa, India

Following this disaster in Orissa caused by a super cyclone there was a great deal of controversy over whether the high levels of mangrove forest destruction in the area had increased the impact of th...

by Saudamini Das | On 13 Dec 2007

FEER: The November 2007 Issue

Asia’s Bill of Health: A REVIEW Focus On Health Care Pakistan’s Last Bid for Democracy By Colum Murphy Pakistan: Defusing Pakistan’s Tribal Rebellion By Shaukat Qadir Taiwan: The Father of Tai...

by FEER | On 27 Nov 2007

Fasten Your Seatbelts! Monetary Policy Challenges in Turbulent Times

One of the burning issues at the moment relates to increasing the “voice” or representation of emerging-market economies in international financial institutions such as the IMF and World Bank. There a...

by Mboweni T.T. | On 13 Nov 2007

Vaccine Policy in India

The success of an immunisation programme in any country depends more upon local realities and national policies. This is particularly true for a huge and diverse developing country such as India, with...

by Yennapu Madhavi | On 12 Nov 2007

Monetary Conditions Index for India

The authors attempt to construct a monetary conditions index (MCI) for India in order to take both interest rate and exchange rate channels simultaneously into consideration while evaluating the stanc...

by Kannan R | On 08 Nov 2007

Socio-Economic Empowerment of Women through SHGs Case Study from Orissa

In a remote tribal village of Kandhamal District of Orissa, where there there are visible signs of empowerment of women due to the formation of SHG in the village. The confidence level of women, who...

by Pradeep Baisakh | On 05 Nov 2007

Report on National Mineral Policy

Even after five years of after the liberalisation of the investment regime India has failed to attract FDI to come to the mining sector. In the last decade, many developing countries have significantl...

by Planning Commission, India | On 18 Oct 2007

Recent Financial Market Developments and Implications for Monetary Policy

The nature of the financial turbulence that happened recently in US and Europe, why it happened, where it happened, and the implications for central banks. Some of the forces that led up to and charac...

by Rakesh Mohan | On 12 Oct 2007

Elements of Effective Central Banking: Theory, Practice, and History

The key elements of effective central banking that account for much of the improvement in monetary policy around the world today are outlined and explained. The past quarter of the century has been a...

by Marvin Goodfriend | On 09 Oct 2007

Governance and Health

As we celebrate 60 years of political independence and take pride in our dynamic private sector, our remarkable IT successes and all the other usual dimensions of success, let us remind ourselves that...

by Shankar Acharya | On 08 Oct 2007

Monetary Policy Developments in India: An Overview

A review of the recent developments in the Indian Economy. Review of the trends in monetary policy challenges globally and for emerging market economies (EMEs) in particular. The monetary policy frame...

by Y V Reddy | On 10 Sep 2007

Book Review: Anti-Imperialism and Individualism

Organizing Empire: Individualism, Collective Agency, and India. By Purnima Bose; Duke University Press, Durham and London, South Asian Reprint, Zubaan, New Delhi, 2006.

by Barnita Bagchi | On 13 Aug 2007

Contagion Again?

Financial contagion is dangerous because you don’t know where it will hit, and how hard. Every country has to remmber this and make arrangements so that a criris does not repeat as happenend in 1997 (...

by T.N. Ninan | On 13 Aug 2007

First Quarter Review of Monetary Policy: Underlying Macroeconomics

An overview of domestic and global macroeconomic developments [Valedictory address at the High Powered Macroeconomic Workshop organised by the State Bank of India].

by Rakesh Mohan | On 08 Aug 2007

Essays: Monetary Policy: Satisfy China’s Demand for Money

A talk with Nobel economics laureate Robert Mundell on how Beijing can keep the yuan’s value fixed and still avoid inflation. China’s high balance of payments surplus and pressure on the yuan could be...

by Hugo Restall | On 04 Aug 2007

FEER: The June 2007 issue

Satisfuy China's Demand for Money by Hugo Restall Monetary Policy: China’s Last Option: Let the Yuan Soar by Michael Pettis Stop the Specter of a Rising Rupee by Vivek Moorthy Hong Kong’s Arreste...

by FEER | On 04 Aug 2007

Social Science Research Methods and Knowledge-Claims

This paper explores three important but interrelated issues: The power of example; the fragment as evidence; and finally, the field experience and the possibility of generalisation. These issues are...

by Paramjit S Judge | On 03 Aug 2007

Impact of Special Economic Zones on Employment, Poverty and Human Development

There are three channels through which SEZs address these issues: employment generation, skill formation (human capital development), and technology and knowledge upgradation. It examines how the imp...

by Aradhna Aggarwal | On 02 Aug 2007

First Quarter Review of the Annual Policy Statement on Monetary Policy for the Year 2007-08

*Bank Rate kept unchanged *Cash Reserve Ratio to be increased by 50 basis points to 7.0 per cent with effect from the fortnight beginning August 4, 2007 *GDP growth projection for 2007-08...

by Y V Reddy | On 31 Jul 2007

A Water Monetary Standard: An Economic Thesis

In emerging markets and economies with limited supplies of potable water, the current monetary policy governing water distribution has failed or will eventually fail. This paper offers an alternative...

by Michael P. Jackson | On 09 Jul 2007

SAN: Newsletter of All India Secular Forum, II:7, July 2007

Purdah, Haren Pandya Verdict, MP Freedom of Religion Bill, Misdirected Hyderabad Investigation/ Special Religious Zone Concerns: Communal Violence Bill Other regular sections

by Secular Action Network SAN | On 05 Jul 2007

SEZ Policy: Ceiling on size will limit growth

The government’s recent decision of putting a ceiling limit for Special Economic Zones (SEZs) may well result in defining a ceiling on equitable economic growth harming not just industrial development...

by Savita Kulkarni | On 17 Apr 2007

Wheat Marketing and its Efficiency in India

The study examines the marketing of wheat in India, focusing on the private marketing system, the marketing efficiency and quality. Wheat is now a major food staple in India, crucial to India’s food e...

by Vasant P Gandhi | On 14 Mar 2007

Interlinked Agrarian Credit Markets in a Developing Economy: A Case Study of Indian Punjab

This paper attempts to analyse the various aspects of informal rural credit market of which interlinked contracts occupy the central place. In particular, the nature and extent of interlinked credit...

by Anita Gill | On 22 Dec 2006

The North American Journal of Economics and Finance, October 2006: Asian Regionalism: a Symposium

Introduction: Regional integration in Asia editorial by Ramkishen S. Rajan Production fragmentation and trade integration: East Asia in a global context by Prema-chandra Athukorala and Nobuaki Yamas...

by The North American Journal of Economics and Finance | On 05 Nov 2006

Overview of Bilateral Free Trade and Investment Agreements

A comprehensive inventory of bilateral FTAs on a global scale, with sections on Africa and the Middle East, Asia and the Pacific, and Latin America and the Caribbean. It highlights the key points of e...

by Bilaterals.org | On 03 Nov 2006

Midterm Review of Annual Policy Statement for the year 2006-07

* Repo Rate increased to 7.25 per cent from 7.0 per cent. * The flexibility to conduct overnight repo or longer term repo including the right to accept or reject tender(s) under the LAF, wholl...

by Reserve Bank of India | On 31 Oct 2006

Children of Women Prisoners in Jails: A Study in Uttar Pradesh

Imprisonment of mothers with dependent young child is a problematic issue. The effects of incarceration can be catastrophic on the children and costly to the state in terms of providing for their car...

by Planning Commission, India | On 30 Oct 2006

Policy Brief: OECD: Decentralisation in Asian Health Sectors: Friend or Foe?

Decentralising health services – the transfer of power and responsibility from the central to the local level should help the poor if local resources, accountability and governance are in good shape....

by Hiroko Uchimura | On 25 Oct 2006

Do Television and Radio Destroy Social Capital? Evidence from Indonesian Villages

In "Bowling Alone," Putnam (1995) famously argued that the rise of television may be responsible for social capital's decline. I investigate this hypothesis in the context of Indonesian villages. To i...

by Benjamin A. Olken | On 13 Oct 2006

Cautionary tale

Investors in today’s India should not need to seek escape from poor infrastructure and irrational labour laws, in special zones; rather, the underlying problems should be tackled in the country as a w...

by T.N. Ninan | On 01 Oct 2006

State Against Democracy: Case Study in Orissa, India.

The tribal communities of Orissa face a massive new threat from legislation for conservation and forestry and their judicial interpretations, as well as from the increasing onslaughts of globalisat...

by Shyama Prasad Rout | On 29 Aug 2006

Freedom of Expression, Marginality and the Right to Livelihood

By tracking adivasi protest movements on threat of eviction and loss of livelihood, since 2000 and situation of the urban slum dwellers in one city – Delhi the paper analyses legislative and judicia...

by Seema Misra | On 29 Aug 2006

Three Observations on the Challenges of Growth and Poverty Reduction in Asia

While Asia’s success in growth and poverty reduction is to be greatly welcomed, and should be analysed for the lessons it has for other countries, the policy discourse should take on board three key p...

by Ravi Kanbur | On 21 Apr 2006

Empowerment of Women and Social Services: Needs Assessment, Obstacles and Strategies

Ensuing changes in the socio-economic structures and policies have a gender dimension and differentially impact on men and women. Prevailing ideas about gender relationships create an unequal access f...

by Veena Poonacha | On 21 Apr 2006

India Needs to Separate Debt from Monetary Management

The Reserve Bank of India, in its Annual Policy Statement on April 28, 2005, for the year 2005-06, announced its intention to reorient government debt management operations entailing functional separ...

by Charan Singh | On 14 Apr 2006

India’s Post-Liberalisation Growth Experience: An Analysis by the Demand Components

This paper tries to examine the sustainability aspect of the rate of growth (rog) in recent years, designated as ‘the second phase of liberalisation’. This paper is based on the Keynesian framework wh...

by Anamitra Roychowdhury | On 29 Mar 2006

The Urban Siliguri and Adjacent Rural Stone Crushers

The river Balasan near Siliguri carries the natural resources like stone, sand, boulders. People live on the riverside and are involved in work like collection of stones and sand, crushing the stones...

by Somenath Bhattacharjee | On 27 Mar 2006

Economic Survey 2005-06, Chapter 4

Securities Markets

by Ministry of Finance | On 27 Feb 2006

Economic Survey 2005-06, chapter 3

Monetary and Banking Developments

by Ministry of Finance | On 27 Feb 2006

Attracting Export-Oriented FDI:Can India Win the Race?

Why has India has performed poorly in attracting export oriented foreign direct investment (EFDI) as compared to its peer groups such as China. The empirical literature on the location of EFDI indic...

by Jaya Prakash Pradhan | On 20 Feb 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

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

Macroeconomic and Monetary Developments: Third Quarter Review 2005-06

Contents I. The Real Economy -- 1 Agricultural Situation Industrial Performance Business Expectations Surveys Services Sector II. Fiscal Situation 14 Combined Government Fi...

by Reserve Bank of India | On 25 Jan 2006

Inflation Targeting Arrangements in Asia: Exploring the rate of the Exchange rate

Since the Asian crisis it has been recognized that exchange rate and monetary policy strategies must involve a “fairly high” element of flexibility rather than a single-minded defense of a particular...

by Ramkishen S. Rajan | On 19 Jan 2006

Taking Stock of Monetary and Financial Regionalism in Asia

Lecture at RIS, New Delhi December 2005

by Ramkishen S. Rajan | On 12 Jan 2006

Choosing not to Participate--Evidence from Drought-Prone Area Programme in Chitradurg, Karnataka

This paper examines the evidence on the constraints that farmers face in participating in a programme evolved by 'somebody else' viz, ‘the government’, . The paper begins with a discussion on the typ...

by G.Ananda Vadivelu | On 09 Jan 2006

Monitoring Works: Getting Teachers to Come to School

In the rural areas of developing countries, teacher absence is a widespread problem. This paper tests whether a simple incentive programme based on teacher presence can reduce teacher absence, and whe...

by Esther Duflo | On 30 Dec 2005

East Asian Community: Prospects and Challenges

There is a growing need to a more institutionalized economic arrangement in East Asia. East Asia Economic Community might be an ideal form of such institution. However, the road is still long and...

by A Damuri | On 23 Nov 2005

Asian Reserves and the Dollar: Is Gradual Adjustment Possible?

Large dollar reserves in Asian EMEs accompany large U.S. fiscal and current account deficits. Analysis of strategic sales by Asian EMEs suggests that an attack on the dollar is not certain but is poss...

by Ashima Goyal | On 21 Nov 2005

Has Financial Development Made the World Riskier?

Developments in the financial sector have led to an expansion in its ability to spread risks. The increase in the risk bearing capacity of economies, as well as in actual risk taking, has led to a ran...

by Raghuram G. Rajan | On 16 Nov 2005

Riots in Mau: Report on an Investigation

On October 13-14, 2005 Mau in Uttar Pradesh, India experienced widespread violence and communal tension. Mau has a long history of communal tensions. It is largely rural district with a minority of...

by Rooprekha Verma | On 16 Nov 2005

Shack/Slum Dwellers International: One experience of the contribution of membership organizations to

This paper considers the experience of the membership organizations that make up the international network of Shack or Slum Dwellers International (SDI,3 an international network of national urban poo...

by Diana Mitlin | On 31 Mar 2005