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Tribute: Diego Maradona

Even now, over 30 years after he scored that incredible ‘goal of the century’ against the English team in the World Cup, and despite his later descent into drugs and addictions, Maradona remains an ic...

by Shibaji Bose | On 29 Dec 2020

Real is radical: Drop subsidies, offer basic minimum income to farmers

You could run a sensible subsidy and price support system at a fraction of today's cost, and still have enough money left over to offer a more generous income support to all farmers.

by T.N. Ninan | On 02 Jun 2020

Rapid Policy Briefing: Fair and equitable access to COVID-19 treatments and vaccines

• The development of an effective treatment and vaccine for COVID-19 is key to ending the pandemic and resuming social and economic activity. An international research effort to this end is underway. ...

by | On 02 Jun 2020

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

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

by Ashima Goyal | On 14 May 2020

Urban Food Markets and the Lockdown in India

On March 24, 2020, the Government of India announced a 21-day national lockdown that has since been extended to May 3, 2020. The lockdown has left urban food markets in disarray with severe supply b...

by Sudha Narayanan | On 06 May 2020

When do regulatory interventions work?

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

by Nidhi Aggarwal | On 25 Apr 2019

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

The case of the spurious drug kingpin: Shifting pills in Chennai

The public lecture by Dr. Sarah Hodges, organised by the Forum for Medical Ethics Society with the Centre for Law and Society, School of Law, and Constitutional Governance, Centre for Public Health, S...

by Sarah Hodges | On 22 Mar 2019

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

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

by | On 28 Feb 2019

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

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

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

by Naoko Nemoto | On 07 Jan 2019

Services Policies and Manufacturing Exports

This paper uses a structural gravity model to show the effects of services policies on manufacturing exports. Whereas the previous literature has focused on indirect effects of policies—flowing throug...

by Ben Shepherd | On 28 Dec 2018

Competition in Two Sided Markets with Congestion

This paper analyses competition in a two sided market with congestion. The existing literature’s pricing mechanisms of two-sided markets has concluded that pricing mechanism depends on the following t...

by Swapnil Sharma | On 27 Dec 2018

Transformation of Indian Agriculture? Growth, Inclusiveness and Sustainability

This paper provides 10 conclusions on the policies needed to achieve three goals of agricultural development in India. These are : (1) There is a need for change in the narrative in the new context; (...

by S. Mahendra Dev | On 26 Dec 2018

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

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

by Susann Roth | On 09 Oct 2018

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

Bribes vs. Taxes: Market Structure and Incentives

Firms in developing countries often avoid paying taxes by making informal payments to tax officials. These bribes may raise the cost of operating a business, and the price charged to consumers. To dec...

by Francesco Amodio | On 17 Sep 2018

Bride Price and Female Education

The paper examines how the effects of school construction on girls’ education vary with a widely-practiced marriage custom called bride price, which is a payment made by the husband and/or his family...

by Nava Ashraf | On 17 Sep 2018

Impure Impact Giving: Theory and Evidence

The paper presents a new model of charitable giving where individuals regard out-of-pocket donations and the matches they induce as different. The paper shows that match-price elasticities combine con...

by Daniel M. Hungerman | On 01 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

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

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

by Ranaporn Tantiwechwuttikul | On 13 Aug 2018

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

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

by Savia Hasanova | On 19 Jul 2018

Welfare Issues in Price Control on Occasions of Calamities, Emergencies, and Like Occurrences

This study focuses on the implications of RA7581 during disaster events, and answer issues on the effects of price control on consumer protection and local economic recovery as well as provides discou...

by Sonny N. Domingo | On 05 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

Urban and Rural Households’ Energy Use: Sets, Shocks, and Strategies in the Philippines

This paper aims to analyze the determinants of household energy portfolio in urban and rural areas and to determine how choices are affected by price shocks and weather variabilities in the Philippine...

by Connie Bayudan-Dacuycuy | On 29 Jun 2018

Fair play in Indian Health Insurance

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

by Shefali Malhotra | On 15 Jun 2018

Market Integration, Demand and the Growth of Firms: Evidence from a Natural Experiment in India

In many developing countries, the average firm is small, does not grow and has low productivity. Lack of market integration and limited information on non-local products often leave consumers unaware...

by Robert T. Jensen | On 12 Jun 2018

Economic Policy for Artificial Intelligence

Recent progress in artificial intelligence (AI) – a general purpose technology affecting many industries - has been focused on advances in machine learning, which recast as a quality adjusted drop in...

by Ajay K. Agrawal | On 12 Jun 2018

Empirical Analysis of Factors Influencing Price of Solar Modules

The solar energy market has seen huge growth in recent years with a vast increase in solar cumulative capacity worldwide. One of the key drivers behind this growth is the decline in solar module price...

by Farhad Taghizadeh-Hesary | On 11 Jun 2018

Financial Inclusion, Financial Literacy, and Financial Education in AZerbaijan

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

by Gubad Ibadoghlu | On 07 Jun 2018

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

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

by Armen Nurbekyan | On 07 Jun 2018

Estimating Elasticity of Transport Fuel Demand in Pakistan

This study investigates the fuel demand elasticities separately for petrol, diesel, and CNG using data from July 2004 to June 2015 for Pakistan. The results show that fuel demands are generally (own...

by Muhammad Omer | On 06 Jun 2018

Accessing Opportunities: Policy Decisions for Enhancing Urban Mobility

This paper first considers the challenges of urban mobility faced by developing cities, before exploring the role for policy in improving connectivity. In Section 2, this paper looks at options for...

by Paul Collier | On 30 May 2018

Shadow Price of CO 2 Emissions in Indian Thermal Power Sector

This paper estimates production efficiency and shadow prices of CO2 emissions for thermal power plants in India. It employs a unique sample of 56 power plants for 2000-2013 acquired primarily...

by | On 29 May 2018

The Impact of New Drug Launches on Life-Years Lost in 2015 from 19 Types of Cancer in 36 Countries

This study employs a two-way fixed effects research design to measure the mortality impact and cost-effectiveness of cancer drugs: it analyzes the correlation across 36 countries between relative mort...

by Frank R. Lichtenberg | On 02 May 2018

Labour Regulations in India: Improving the Social Security Framework

An important segment of labour regulations concerns the protection aspects of social security. These regulations provide safety nets or fall back mechanisms to enable workers to cope with crises that...

by Anwarul Hoda | On 30 Apr 2018

Labour Regulations in India: Rationalising the Laws Governing Wages

In this paper, we undertake an evaluation of the laws governing wages in India, identify their shortcomings and offer suggestions for improvement. In doing so, we analyze the provisions in the rel...

by | On 30 Apr 2018

ICT Investments and Growth of Small and Medium Firms: A Study of Food Processing Industry in India

Small and medium enterprises (SMEs) cover a wide range of industries and play a major role in both developed and developing economies. They are considered as significant sources of ent...

by Navyashree G. R. | On 19 Apr 2018

Migration Monitoring Study, 2008 : Emigration and Remittances in the context Of Surge in Oil Prices

A decade ago, the Centre for Development Studies started migration research based on large-scale field surveys covering the whole of Kerala State as a one-time study. However, it soon develo...

by Zachariah KC | On 12 Apr 2018

International Commodity Prices and Domestic Bank Lending in Developing Countries

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

by | On 30 Mar 2018

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

An Alternative Argument of Green Solow Model in Developing Economy Context

The paper attempts to understand the significance of the Green Solow Model, in the context of a developing country such as India. It gives particular importance to the role of population density, in...

by | On 27 Feb 2018

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

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

by M.A. Oommen | On 27 Feb 2018

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

Maritime Terrorism and Piracy: Security Challenges in South East Asia

The paper says that the region is plagued with piracy and has also witnessed maritime terrorism related activities, drug smuggling, gun running and illegal migration.

by Vijay Sakhuja | On 09 Feb 2018

Union Budget 2018: Budget Speech

Speech of Arun Jaitley, Minister of Finance on February 1, 2018

by Arun Jaitley | On 01 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

Recent Changes in Measurement of India’s GDP: Overall Issues and Some Focus on Agriculture

This paper discusses (a) changes in measurement in industry and services (b) changes made in agriculture sector and (c) major issues on the measurement of GDP in new series. There are long term or l...

by S.Mahendra Dev | On 29 Jan 2018

Fiscal Devaluations

We show that even when the exchange rate cannot be devalued, a small set of conventional fiscal instruments can robustly replicate the real allocations attained under a nominal exchange rate devalua...

by | On 25 Jan 2018

Selection, Firm Turnover, and Productivity Growth: Do Emerging Cities Speed up the Process?

This paper identifies and estimates the impact of firm entry and exit on plant-level productivity in Ethiopia as part of a selection mechanism that might be driving aggregate productivity growth in ci...

by Patricia Jones | On 16 Jan 2018

Cross-Border Spillover Effects of the G20 Financial Regulatory Reforms

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

by Clive Briault | On 15 Jan 2018

Fossil Fuel Subsidy Reform In The WTO: Options For Constraining Dual Pricing In The Multilateral Trading System

This paper discusses the practice of energy dual pricing in the broader context of fossil fuel subsidy reform.

by Anna Marhold | On 20 Dec 2017

The Value of Pharmacogenomic Information

This paper studies of couple evidence from a real-world implementation of pharmacogenomic testing with a discrete event simulation model. It uses the framework to evaluate the cost-effectiveness of va...

by John A. Graves | On 18 Dec 2017

Philippine Telecommunications Laws and Regulations: A TPP Gap Analysis

This paper aims to promote competitive access for telecommunications providers.

by Krystal Uy | On 14 Dec 2017

Access To Medicines In The Philippines: Overcoming The Barriers

The study says that the said passage has led to the decline of medicine prices since 2009, primarily through the efforts of the Department of Health (DOH) to implement the law using measures on maximu...

by Ramon Clarete | On 12 Dec 2017

What does the new 2011-12 IIP series tell us about the Indian manufacturing sector?

The paper discusses the changes in the new 2011-12 base year series of the Index of Industrial Production (IIP) to ask, whether the new series has improved our under-standing of the growth in the manu...

by Radhika Pandey | On 12 Dec 2017

Inclusive Urban Planning for the Working Poor: Planning Education Trends and Potential Shifts

The report outlines and critically assesses trends in urban planning education across the globe, specifically in countries of the global South, and the extent to which curricula address issues of incl...

by Vanessa Watson | On 07 Dec 2017

Labour Regulations in India: Improving the Social Security Framework

An important segment of labour regulations concerns the protection aspects of social security. These regulations provide safety nets or fall back mechanisms to enable workers to cope with crises that...

by | On 30 Nov 2017

India-Pakistan Trade: An Analysis of the Pharmaceutical Sector

The study says that the pharmaceutical sector is crucial to health issues in developing economies and would be an ideal segment to focus on in improving trade relations between the two countries.

by Manoj Pant | On 29 Nov 2017

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

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

by | On 16 Nov 2017

Taming the Fishing Blues : Reforming the Marine Fishery Regulatory Regime in India

Against the backdrop of a dwindling marine fisheries resource base, declining catch rates, and escalating conflicts about securing rights over oceanic resources, this paper emphasises the need to relo...

by | On 15 Nov 2017

Price Discovery in some Primary Commodity Markets in India

With the onset of wide-ranging economic reforms in India in 1991, agents have been exposed to increased price risk in commodity markets. Futures markets are one important instrument for reducing price...

by Raushan Kumar | On 07 Nov 2017

Labour Regulations in India: Rationalising the Laws Governing Wages

The paper undertakes an evaluation of the laws governing wages in India, identify their shortcomings and offer suggestions for improvement. In doing so, it analyzes the provisions in the relevant ILO...

by Anwarul Hoda | On 01 Nov 2017

New Issues Puzzle: Experience from Karachi Stock Exchange

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

by Henna Malik | On 30 Oct 2017

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

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

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

Recent Changes in Measurement of India's GDP: Overall Issues and Some Focus on Agriculture

This paper discusses (a) changes in measurement in industry and services (b) changes made in agriculture sector and (c) major issues on the measurement of GDP in new series. There are long term or leg...

by S. Mahendra Dev | On 18 Sep 2017

State Intervention: A Gift or Threat to India’s Sugarcane Sector?

This paper examines the nature, changes and factors responsible for issues and problems faced by the sugarcane growers and sugar mills in India. This paper is based on the latest available secondary d...

by Abnave Vikas B. | On 12 Sep 2017

Price Distortions in Indian Agriculture

The study is about estimating the extent to which domestic prices of major Indian agriculture commodities deviate from their corresponding free trade reference prices. The free trade reference prices...

by Shweta Saini | On 23 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

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

Strengthening the Governance for Effective Tobacco Control in India

One of the key components in achieving a substantial reduction in tobacco use and associated disease, economic and ecologic burden in India is to strengthen the governance for tobacco control. In the...

by Dr. Upendra Bhojani | On 01 Aug 2017

Building Synergies: Matching Business Reforms to Improved 'Ease of Doing Business'

The study explores ground-level realities linked with initiatives on tax administration, construction permits, transparency, compliance with environmental and labour laws and regulations, and inspecti...

by Research National Council of Applied Economic | 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

The Corporate Social Responsibility Act in India: An Early Assessment

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

by Sangeeta Bansal | On 27 Jul 2017

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

Asian Development Outlook (ADO) 2015 Supplement: Growth Prospects Soften for Developing Asia

The growth forecast for developing countries in Asia in 2015 is cut to 6.1% from 6.3%, amidst slower-than-expected economic activity in the United States and the People’s Republic of China.

by Asian Development Bank Institute | On 21 Jul 2017

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

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

by Taniya Ghosh | On 21 Jul 2017

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

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

by Asian Development Bank Institute | On 12 Jul 2017

Asia Small and Medium-sized Enterprise (SME) Finance Monitor 2014

This publication reviews various country aspects of SME finance covering the banking sector, nonbank sector, and capital markets. It is expected to support evidence-based policy making and regulations...

by Asian Development Bank Institute | On 11 Jul 2017

Financial Soundness Indicators for Financial Sector Stability in Georgia

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

by Asian Development Bank Institute | On 07 Jul 2017

Fossil Fuel Subsidies in Indonesia: Trends, Impacts, and Reforms

This study measures the size of fossil fuel subsidies such as underpricing of petroleum products and electricity, tax exemptions, and subsidized credit; examines the potential economic, energy, and en...

by Asian Development Bank Institute | On 04 Jul 2017

Fossil Fuel Subsidies in Thailand: Trends, Impacts, and Reforms

This study measures the size of fossil fuel subsidies such as tax breaks for diesel and natural gas, market price support for natural gas for vehicles, and free electricity for low-income consumers as...

by Asian Development Bank Institute | On 04 Jul 2017

Fossil Fuel Subsidies in Asia: Trends, Impacts, and Reforms - Integrative Report

This report measures the size of associated subsidies on these fossil fuels including direct transfers, tax exemptions, subsidized credit, and losses of state enterprises in India, Indonesia, and Thai...

by Asian Development Bank Institute | On 14 Jun 2017

Emissions Trading Schemes and Their Linking: Challenges and Opportunities in Asia and the Pacific

The report as that there are currently 17 emissions trading systems (ETS) in place in four continents and account for nearly 40% of global gross domestic product. In Asia and the Pacific region, there...

by Asian Development Bank Institute | On 12 Jun 2017

Myanmar Transport Sector Policy Note: How to Reduce Transport Costs

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

by Asian Development Bank Institute | On 02 Jun 2017

Myanmar Transport Sector Policy Note: How to Reform Transport Institutions

Myanmar's transport sector institutions are currently ill adapted to the new situation. Although government reform attempts have been in the right direction, more is needed to shape a strong basis for...

by Asian Development Bank Institute | On 02 Jun 2017

Competition Issues in India's Online Economy

The world of high technology companies is seen as a dynamic area with a rapid pace of creative destruction. There is, however, a class of industries where there are strong network effects, where the m...

by Smriti Parsheera | On 25 May 2017

Study Report on Agricultural Marketing and Farmer Friendly Reforms Across Indian States and UTs

An important reason for this dichotomy between agriculture and non agricultural sectors is that the former is a state subject under the Indian Constitution placing the burden of implementation of refo...

by Ramesh Chand | On 18 May 2017

OECD: Economic Survey India- 2017

Economic growth of around 7½% makes India the fastest-growing G20 economy. The acceleration of structural reforms, the move towards a rule-based policy framework and low commodity prices have provided...

by OECD Development Centre | On 06 Mar 2017

Anger Management: Aggression and Punishment in the Provision of Public Goods

The ability to punish free-riders can increase the provision of public goods. However, sometimes the benefit of increased public good provision is outweighed by the costs of punishments. One reason a...

by | On 21 Feb 2017

Securing Property Rights in India Through Distributed Ledger Technology

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

by | On 11 Jan 2017

Cost of Controlling Water Pollution and its Impact on Industrial Efficiency

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

by Asha Gunawardena | On 23 Dec 2016

An Analysis of Urban Growth Trends in the Post-Economic Reforms Period in India

Significant changes have been observed since 1991 in the nature and pattern of urban growth in India. Our cities are in the midst of restructuring space, in terms of both use and form. The paper addre...

by | On 14 Dec 2016

Inflation in Pakistan: Money or Oil Prices

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

by Mehak Moazam | On 07 Dec 2016

Technology for Transformation

India is committed to solve many problems that it is facing today. the human condition can improve more here in the next two decades than anywhere in the world. And the benefit, to India and to the...

by Bill Gates | On 30 Nov 2016

Asymmetric Impact of Relative Price Shocks in Presence of Trend Inflation

This study examines whether skewness of cross sectional distribution of relative price shocks has asymmetric impact on aggregate inflation. The empirical evidence from various countries suggests tha...

by Sartaj Rather | On 16 Nov 2016

A Stagnant Agriculture in Kerala: The Role of the State

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

by Lekshmi R Nair | On 08 Nov 2016

Estimates of the Economic Contributions of the Bidi Manufacturing Industry in India

Bidis, the most common smoking tobacco product in India, remain largely untaxed and are subject to very few regulations to discourage their use. A major argument against tax increases is the large pot...

by | On 03 Nov 2016

Gender Quotas: Challenging the Boards, Performance, and the Stock Market

Comparing before and after the reform within firms, we find that quotas are associated with a higher share of female board directors, higher levels of education of board members, and a lower share of...

by | On 12 Oct 2016

Trade Shocks and the Provision of Local Public Goods

We analyze the impact of trade-induced income shocks on the size of local government, and the provision of public services. Areas in the US with declining labor demand and incomes due to increasing im...

by | On 10 Oct 2016

Concerns of Food Security, Role of Gender, and Intrahousehold Dynamics in Pakistan

The available literature in Pakistan is generally lacking in a critical examination of the issues related to intrahousehold resource allocation. This black box is due largely to the lack of individua...

by Hina Nazli | On 10 Oct 2016

Law, Skills and the Creation of Jobs as ‘Contract’ Work in India: Exploring Survey Data to make Inferences for Labour Law Reform

The paper begins with a discussion of Indian labour law and the increasing use of ‘contract labour’ in Indian formal manufacturing. It questions the widespread perception that employment of contract l...

by Jaivir Singh | On 30 Sep 2016

Orphan Food? Nay, Future of Food ! Understanding the Pulse of the Indian Market

India can substantially increase her production and yield in pulses with a strategic emphasis on research in public and private sector, expanding irrigation infrastructure, provision of MSP to pulse...

by Satish Y Deodhar | On 23 Sep 2016

Agricultural Prices and Food Policy

Supply-demand imbalance at a given time is the main problem in India. Not much can be done with demand, as increase and shifting patterns in demand are normal with economic growth and urbanisation. St...

by C S C Sekhar | On 20 Sep 2016

Zoning and the Economic Geography of Cities

Comprehensive zoning is ubiquitous in U.S. cities, yet surprisingly little is known about its long-run impacts. This paper provides the first attempt to measure the causal effect of land use regulatio...

by Allison Shertzer | On 19 Sep 2016

Making Pulses Affordable Again: Policy Options from the Farm to Retail in India

Rising prices and declining consumption of pulses cause concern in terms of both nutrition and food inflation in India. This paper outlines policy strategies to increase the availability of pulses at...

by P.K. Joshi | On 16 Sep 2016

ICT Investments and Growth of Small and Medium Firms: A Study of Food Processing Industry in India

The objective of the present study is to examine the effect of ICT investments on the sales growth of SMEs from the food processing industry in India. Secondary data is collected from the Prowess d...

by Navyashree G. R. | On 08 Sep 2016

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

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

by Deepthi Mary Mathew | On 07 Sep 2016

How Can India Help Prevent Food Price Volatility?

This article is about India's role in reducing food price volatility in the world. India has come a long way from a ‘ship to mouth existence’ to a country that is ready to confer legal right to food t...

by M. S. Swaminathan | On 02 Sep 2016

Call to Action: Hunger, Under-Nutrition and Food Security in India

This policy brief presents to parliamentarians and other policy makers, to examine the hunger, undernutrition and food security situation prevailing in India. It advances the need to undertake effecti...

by N.C. Saxena | On 31 Aug 2016

How does Supply Chain Distortion affect Food Inflation in India?

During the recent episode of persistently high food inflation in India, the role of rent seeking activities of food suppliers emerged as the centre of debate in the country. The rent seeking activitie...

by Rudrani Bhattacharya | On 29 Aug 2016

Food Security and Agricultural Development in Times of High Commodity Prices

Efforts to promote food security must distinguish between short-term and medium-term measures, but also between countries with agricultural potential and without such potential, argues this paper. Fur...

by | On 24 Aug 2016

Trends and Patterns in the Triple Burden of Malnutrition in India

This paper brings together recent evidence on what has come to be referred to as the triple burden of malnutrition—consisting of overnutrition, undernutriton, and micronutrient deficiencies—using va...

by Meenakshi J V | On 19 Aug 2016

The Consequences of Spatially Differentiated Water Pollution Regulation in China

China’s environmental regulators have sought to reduce the Yangtze River’s water pollution. This paper documents that this regulatory effort has had two unintended consequences. First, the regulation’...

by Zhao Chen | On 18 Aug 2016

Estimation of the Food Poverty Line

To monitor changes in absolute poverty across time, it is crucial to ensure that the established poverty line is a fixed standard of living that represents the minimum standard required by an individu...

by Jose Ramon Alber | On 17 Aug 2016

An Introduction to the Basic Concepts of Food Security

Food security exists when all people, at all times, have physical and economic access to sufficient safe and nutritious food that meets their dietary needs and food preferences for an active and healt...

by Food and Agricultural Organization [FAO] | On 16 Aug 2016

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

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

by Sudha Narayanan | On 10 Aug 2016

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

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

by Cecilia Olivet | On 10 Aug 2016

GST in India: Chasing a Mirage or Reality?

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

by Sacchidananda Mukherjee | On 09 Aug 2016

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

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

by Jarilkasin Ilyasov | On 08 Aug 2016

Anatomy of Input Demand Functions for Indian Farmers across Regions

This study models the optimum use of production inputs and analyse the behaviour of input demand functions of agricultural production through restricted transcendental logarithm profit function for...

by Shrabani Mukherjee | On 04 Aug 2016

Business as Usual: Responses within ASEAN to the Food Crisis

The United Nations estimates that the number of people worldwide who suffer from chronic food shortages might now exceed one billion. That skyrocketing prices of food in general, and...

by Randall Arnst | On 22 Jul 2016

Is “Make in India” Constrained by Indian Labour Market Regulations?

This paper examines whether “Make in India” policies are constrained by over-regulation or under-regulation in the Indian labour market. Specific labour law provisions and the scope of circumventing t...

by Ajeet Mathur | 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

Rising Food Prices in South Asia: A Policy Framework to Mitigate Adverse Effects

The recent commodity boom has seriously affected South Asia, particularly due to higher food prices and their impact on the welfare of poor and vulnerable populations. This paper describes the food cr...

by S.Mahendra Dev | On 12 Jul 2016

Labour Law and Governance Reforms in India: A Partial and Misguided View of Employment Relations

Labour regulation in India has engaged the attention of not only policy makers but also social actors, researchers and practioners. Policy measures have started rolling out from the state governments...

by Shyam Sundar | On 11 Jul 2016

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

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

by Jayati Sarkar | On 09 Jul 2016

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

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

by Jaimini Bhagwati | On 07 Jul 2016

Improving Taxation Environment: Attracting Foreign Direct Investment

This paper broadly deals with the concerns of the multinationals in the area of taxation environment. Section two of this paper deals with the genesis of the recent crisis in this area and issues invo...

by R Singh | On 07 Jul 2016

Energy Security for India: Petroleum Demand Estimations and Projections

Crude oil and other petroleum products play an important role in India’s energy security and in sustaining its high growth rate. Against that background, this document empirically analyses petroleum d...

by Pradeep Agrawal | On 07 Jul 2016

Guidelines For Improving Water Use Efficiency in Irrigation, Domestic & Industrial Sectors

There is a need for a paradigm shift in approach from development to efficient management by making concerted efforts to achieve higher standards of efficiency in water use in all the three sectors....

by Ministry of Water Resources GOI | On 04 Jul 2016

Water Resource Management and Sustainable Development

All living beings on earth need water for their daily life. As it is becoming scarce and the demand is increasing proper management of water is needed.

by Aakriti Singh | On 30 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 even deflation in some ...

by Muhammad Nadim Hanif | On 30 Jun 2016

Best Practices in Regulation of Private Education

Current paper aims to understand how the governments in different parts of the world have leveraged upon the private sector to achieve specific educational goals. The idea here is not to recommend o...

by Centre for Civil Society CCS | On 29 Jun 2016

Food Security Challenges in Asia

The problems of food security and agriculture should be viewed within the context of the broader structural transformation as Asia becomes increasingly urban and nonagricultural. This paper aims to re...

by Asian Bank | On 23 Jun 2016

Coerced Labor in the Cotton Sector: How Global Commodity Prices (Don’t) Transmit to the Poor

This paper investigates the economic fortunes of coerced vs. free workers in a global supply chain. To identify the differential treatment of otherwise similar workers we resort to a unique exogenous...

by Alexander M. Danzer | On 22 Jun 2016

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

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

by Jaimini Bhagwati | On 22 Jun 2016

The Fight against Inflation: A Measure of our Institutional Development

There are efforts to control inflation. A new governor and the committee should try to bring low inflation future for India which has got many benefits.

by Raghuram G. Rajan | On 21 Jun 2016

The Value of Private Schools: Evidence from Pakistan

Using unique data from Pakistan we estimate a model of demand for differentiated products in 112 rural education markets with significant choice among public and private schools. Our model accounts fo...

by | On 09 Jun 2016

The Economics of Copyright and the Internet: Moving to an Empirical Assessment Relevant in the Digital Age

Technology and the Internet have triggered important changes to how creative works are created, accessed and how creators and copyright-based industries generate their revenues. In this chapter, the e...

by Sacha Wunsch-Vincent | On 08 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

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

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

by | On 02 Jun 2016

Degradation and Loss of Peri-Urban Ecosystems

Rapid degradation of peri-urban ecosystems is resulting in a loss of associated ecosystem services. Water provision, storm- and waste-water regulation, along with protection from natural disasters and...

by Rockeffeller Foundation RF | On 25 May 2016

Priorities for India’s National Health Policy

In this paper we will argue that India’s health policy needs to focus more on delivering those aspects of healthcare which are public or quasi-public goods to correct this balance, and to regulate and...

by Rahul Ahluwalia | On 18 May 2016

Biodiversity: Importance and Climate Change Impacts

Biodiversity is the variability among living organisms, including genetic and structural difference between individual and within and between individual and within and between species. Biodiversity pl...

by | On 18 May 2016

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

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

by | On 12 May 2016

Evaluation Study of Targeted Public Distribution System in Selected States

The Ministry of Food, Public Distribution and Consumer Affairs has entrusted a study to the NCAER to assess whether, and to what extent, the weaknesses noted by past evaluation studies on the TPDS ha...

by Sohini Paul | On 09 May 2016

Does Carbon Tax Makes Sense? Assessing Global Scenario and Addressing Indian Perspective

This paper presents a plan that provides an achievable path toward a global policy on Green House Gas (GHG) emissions. At the heart of it is a small carbon tax (actually a GHG tax). The proceeds of...

by Mohana Mondal | On 09 May 2016

Agricultural Outlook and Situation Analysis Reports: Rabi Outlook Report January 2016

Accordingly, the agricultural outlook and situation analysis undertaken in this study refers to the main crop based food items: cereals (specifically rice, wheat, jowar, bajra, maize and overall coars...

by Rajesh Chadha | On 09 May 2016

Ninety-Third Report on Demand for Grants 2016-17 (Demand No. 42) of Department of Health and Family Welfare

The Department of Health and Family Welfare comprises NHM Sector and Health Sector. The various activities under the Health Sector to name a few include Pradhan Mantri Swasthya Suraksha Yojana (PMSS...

by N. Lalitha | On 05 May 2016

Incentives and Outcomes: China's Environmetal Policy

Using 2000-2009 data, the report finds that, while spending on environmental infrastructure has visible positive environmental impact, city spending is strongly tilted towards transportation infrastru...

by | On 04 May 2016

The Mines and Minerals (Development and Regulation Amendment Bill, 2015)

A bill further to amend the Mines and Minerals (Development and Regulation) Act, 1957.

by Lok Sabha Secretariat | On 03 May 2016

Building an Institution of Insolvency Practitioners in India

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

by Anirudh Burman | On 02 May 2016

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

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

by Nidhi Aggarwal | On 02 May 2016

Inequality, Neighbourhoods and Variation in Prices

In this study we examine the link between of income distribution and wholesale price of wheat using panel data. We have weekly time series data on prices for wheat for 3 districts in Uttar-Pradesh in...

by | On 02 May 2016

Energy Union: Secure, Sustainable, Competitive, Affordable Energy for every European

Energy is used to heat and to cool buildings and homes, transport goods, and power the economy. But with ageing infrastructure, poorly integrated markets, and uncoordinated policies, our consumers, h...

by European union | On 26 Apr 2016

Taxes: Price of Civilization or Tribute to Leviathan?

The report considers the question of taxes as price versus tribute for contemporary India and makes three points. First, if the accounting cost of services provided exceeds the economic cost (the min...

by | On 15 Apr 2016

International Food Security Assessment, 2015-2025

Food security in the 76 low- and middle-income countries included in this report is expected to improve between 2014 and 2015. These countries are low- and middle-income countries as classified by the...

by Anthony Murray | On 12 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

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

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

by | On 06 Apr 2016

Global Food Policy Report 2016

IFPRI’s Flagship Report puts into perspective the major food policy issues, developments, and decisions of 2015 and highlights challenges and opportunities for 2016. This year’s report takes an in-dep...

by International Food Policy Research Institute | On 04 Apr 2016

Evaluation of Fixed Dose Combinations (FDCs) considered as Irrational and where Showcause Notices were Issued to the Applicants for Submitting their Replies

The Expert Committee evaluated the FDCs in the interest of public health so that public health of people is not compromised. The committee noted that legacy products are available in the market which...

by Ministry of Health and Family Welfare MoH&FW | On 01 Apr 2016

Can Iron-Fortified Salt Control Anemia? Evidence from Two Experiments in Rural Bihar

This paper reports on the impact of a potential strategy to address iron deficiency anemia in rural areas: double fortified salt (DFS) — salt fortified with iron and iodine. They conducted a large-sc...

by Abhijit Banerjee | On 23 Mar 2016

Review and Compendium of Environmental Policies and Laws in Bhutan

This review and compendium of our country’s environmental laws, policies, and regulations aims to enhance the accessibility to information by judges, lawyers, government officials, and stakeholders in...

by Antonia Gawel | On 18 Mar 2016

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

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

by Anchal Arora | On 16 Mar 2016

Diffusion of Bt Cotton in India: Impact of Seed Prices and Technological Development

Recent studies have analyzed the adoption of Bt cotton in the light of government seed price interventions. According to one view, reduction in seed prices enabled the farmers to buy seeds at lower pr...

by | On 15 Mar 2016

Global Health Donors Viewed as Regulators of Monopolistic Service Providers: Lessons from Regulatory Literature

Controlling healthcare costs while promoting maximum health impact in the recipient countries is one the biggest challenges for global health donors. This paper views global health donors as the regul...

by Han Ye | On 14 Mar 2016

US-WTO Shadow on India’s Solar Power Plans

With last week’s WTO ruling against India on a complaint by the US in early 2013 that India’s Domestic Content Requirement (DCR) for some solar power projects violating WTO prohibitions, it is incumbe...

by D Raghunandan | On 14 Mar 2016

Tallying the Hidden Environmental Costs of Drug Production

Drug production is a significant factor in widespread environmental degradation, yet a lack of reliable data makes it difficult to pinpoint the extent of this damage. Future research should be directe...

by | On 12 Mar 2016

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

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

by Sartaj Rather | On 10 Mar 2016

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

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

by Subhra Choudhury | On 10 Mar 2016

Epistemic Communities and Social Movements Transnational Dynamics in the Case of Creative Commons

While the existence of transnational communities is increasingly recognized in globalization studies, very little is yet known about their impact on global governance. Studies investigating the role o...

by Sigrid Quack | On 09 Mar 2016

Where Do Prices Come From? Sociological Approaches to Price Formation

The article provides an overview of the state of the art of sociological research on price formation. The dominant trait of the sociological approach to prices is to understand price formation not as...

by Jens Beckert | On 09 Mar 2016

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

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

by | On 09 Mar 2016

Report of the Committee on High Trade Margins in Sale of Drugs

In order to examine specific cases of high trade margins, the high-level committee lists out recommendations to address the issue. In this regard, the recommendations aim to significantly bring down p...

by Pharmaceuticals Department of | On 09 Mar 2016

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

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

by Itishree Patnaik | On 09 Mar 2016

Are We Still Modern? Inheritance Law and the Broken Promise of the Enlightenment

The regulation of the transfer of property mortis causa has been a major concern of social reformers since the Enlightenment. Today, by contrast, the issue of the bequest of wealth from generation to...

by | On 08 Mar 2016

Bihar Budget Analysis 2016-17

The Finance Minister of Bihar, Mr. Abdul Bari Siddiqui, presented the Budget for Bihar for the financial year 2016-17.

by Arvind Gayam | On 03 Mar 2016

Infectious Diseases and Their Outbreaks in Asia-Pacific: Biodiversity and Its Regulation Loss Matter

Despite increasing control measures, numerous parasitic and infectious diseases are emerging, re-emerging or causing recurrent outbreaks particularly in Asia and the Pacific region, a hot spot of both...

by Serge Morand | On 03 Mar 2016

Impact of China Slowdown on India

After three decades of double-digit growth, China is slowing as it is rebalancing its economy from export-driven to less-volatile domestic consumption driven economy. The paper looks at the impact of...

by Geetima Das Krishna | On 02 Mar 2016

Occupational Health Among Workers in the Informal Sector in India

Despite having laws and regulations to protect health of workers in industries in India, little has been effective in ensuring and protecting health and safety especially in case of small and medium f...

by Amrita Ghatak | On 01 Mar 2016

International Price Dispersion and Market Segmentation in Japan and the United States: Theory and Empirics

This paper focuses on the pricing behavior of Japanese and United States firms selling their identical products in New York City, Chicago, Osaka, and Tokyo. The authors utilize some simple models of i...

by K.C. Fung | On 29 Feb 2016

GEF India Enabling Transformations

The GoI, in collaboration with Global Environment Facility (GEF), has been addressing critical gaps related to policy, regulation, capacity, technology, management and finance. The completed GEF proje...

by Ministry of Environment, Forests and Climate Chang GOI | On 29 Feb 2016

Price Discovery and Volatility on NSE Futures Market

This paper studies price discovery and volatility in the context of introduction of Nifty futures at the National Stock Exchange (NSE) in June 2000. Cointegration and Generalised Auto Regressive Cond...

by M. T. Raju | On 28 Feb 2016

The World’s first ever Arms Trade Treaty: Implications for Southeast Asia

After seven years of negotiations, the UN finally approved the first ever Arms Trade Treaty by an overwhelming majority. The treaty covers a range of conventional arms, from battle tanks to combat a...

by Pau Hangzo | On 27 Feb 2016

Reinforcing Health Security in ASEAN

With the recent rise of emerging and re-emerging infectious diseases such as Middle East Respiratory Syndrome, Ebola, multi-drug resistant tuberculosis, it is important to further reinforce ASEAN’s pr...

by S. Rajaratnam International Studies | On 27 Feb 2016

Basel Banking Norms – A Primer

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

by Akshay Uday Shenoy | On 27 Feb 2016

Rising Milk Price – A Cause for Concern on Food Security

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

by S. Rajeshwaran | On 27 Feb 2016

What is Title Guarantee Worth in Land Markets? Evidence from Bengaluru, India

Land reforms require urgent attention in emerging market economies, and there is a vast body of literature that deals with the economic impact land reforms, especially land titling (Acemoglu et al., 2...

by Madalasa Venkataraman | 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

Retesting the estimation of a utility-based asset pricing model using normal mixture GARCH (1, 1)

The main purpose of this paper is to derive the process of estimating dynamic RRA with the maximum likelihood and a Bayesian method having a weakly informative prior density while assuming that the lo...

by Rohit Gupta | On 27 Feb 2016

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

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

by Rohit Gupta | On 27 Feb 2016

Non Traditional Security Issues: Securitisation of Transnational Crime in Asia

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

by | On 26 Feb 2016

Crop Insurance for Adaptation to Climate Change in India

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

by Dr Mamata Swain | On 26 Feb 2016

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

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

by Roehlano M. Briones | On 25 Feb 2016

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

Scaling Up Carbon Finance in India

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

by World Bank | On 24 Feb 2016

Sustainable Sand mining Management Guideline

Removing sediment from the active channel bed in river sand mining interrupt the continuity of sediment transport through the river system, disrupting the sediment mass balance in the river downstream...

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

The Puzzle of Small Farming in Japan

Japan’s small farming represents a puzzle. Currently nearly three-quarters of farmland is operated by farmers whose farm size is well under optimal size. Being too small is the main reason for the hig...

by Yoshihisa Godo | On 24 Feb 2016

China and East Asian Energy: Prospects and Issues

Adequate supplies of natural resources have always been preconditions for economic growth. The requirements for energy and metallic mineral resources have been larger and more obvious with the modern...

by Dominic Meagher | On 23 Feb 2016

Central Banking for Financial Stability in Asia

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

by Masahiro Kawai | On 22 Feb 2016

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

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

by Tarisa Watanagase | On 21 Feb 2016

Price of Daily Essentials: A Diagnostic Study of Recent Trends

The present report summarises major results that seeks to trace the supply chains of a group of essential commodities and, in view of their future supply (domestic production and import) prospect, att...

by Centre for Policy Dialogue CPD | On 21 Feb 2016

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

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

by Luke Hurst | On 21 Feb 2016

Wheat Markets and Price Stabilisation in Pakistan: An Analysis of Policy Options

This article provides a quantitative analysis of the effects of Pakistan government domestic wheat procurement, sales, and trade policies on wheat supply, demand, prices, and overall inflation. Analys...

by Paul Dorosh | 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

Stock Market Reaction to Catastrophic Shock: Evidence from Listed Pakistani Firms

This study examines the effect of the earthquake of October 8, 2005 on the price behaviour and activities of Karachi Stock Exchange (KSE). Sixty firms are selected from those listed on Karachi Stock E...

by Attiya Y. Javid | 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

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

Inflation in Bangladesh: Supply Side Perspectives

This policy note is an exploratory attempt to verify the popular argument that cost side factors are no less contributory than demand side factors in stimulating inflation in the Bangladesh economy. T...

by Md. Alauddin Majumder | 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

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

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

by Md. Kabir Ahmed | On 15 Feb 2016

Measures of Monetary Policy Stance: The Case of Pakistan

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

by Farooq Pasha | On 14 Feb 2016

War and Drugs in Afghanistan

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

by Vanda Felbab-Brown | On 14 Feb 2016

Political Finance Regulations: Bridging the Enforcement Gap

Political finance regulations have been introduced in a majority of democracies to promote fair political competition, but all too often political party and campaign finance laws are breached with imp...

by Transparency International TI | On 14 Feb 2016

Calibrating Law Enforcement and Its Purpose

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

by Vanda Felbab-Brown | On 14 Feb 2016

The Conditional Capital Asset Pricing Model:- Evidence from Karachi Stock Exchange

This is an attempt to empirically investigate the risk and return relationship of individual stocks traded at Karachi Stock Exchange (KSE), the main equity market in Pakistan. The analysis is based on...

by Attiya Y. Javid | On 14 Feb 2016

Test of Multi-moment Capital Asset Pricing Model: Evidence from Karachi Stock Exchange

This study examines the Capital Asset Pricing Model of Sharpe (1964) Lintner (1965) and Black (1972) as the benchmark model in the asset pricing theory. The empirical findings indicate that the Sharpe...

by Attiya Y. Javid | On 14 Feb 2016

Building Corporate Integrity Systems to Address Corruption Risks

Corporate integrity is often perceived to be the product of ethical leadership, strong compliance and effective regulations that prevent and sanction wrong-doing. While these elements are essential, e...

by Transparency International TI | 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

Literature Survey on Intellectual Property Rights and Sustainable Human Development

This version of the literature survey updates and expands a working draft produced in ugust 2000 as part of a project funded by the U.K. Department for International Development (DFID). It will contin...

by | On 10 Feb 2016

Self-Identification of Occupation in Web Surveys - Requirements for Search Trees and Look-Up Tables

Can self-identification of occupation be applied in web surveys by using a look-up table with coded occupational titles, in contrast to other survey modes where an open format question with office-cod...

by | On 10 Feb 2016

Aquaculture: Issues and Opportunities for Sustainable Production and Trade

This issue paper – published in the context of the ICTSD project on Fisheries, International Trade and Sustainable Development – aims to contribute to debates to develop fisheries and trade policies a...

by | On 08 Feb 2016

Market Design for Altruistic Supply: Evidence from the Lab

Volunteer supply is widespread, yet without a price inefficiencies occur due to suppliers’ inability to coordinate with each other and with demand. For these contexts, we propose a market clearinghous...

by Robert Slonim | On 07 Feb 2016

A Modi Index?

One way to do a reality check on the official numbers will be to develop a desi version of what came to be called the Li index in China.

by T.N. Ninan | On 06 Feb 2016

Working to Improve Price Indices Development in Pakistan

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

by Mahmood Khalid | On 06 Feb 2016

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

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

by Abdul Rashid | On 06 Feb 2016

Impact of Financial Liberalisation and Deregulation on Banking Sector in Pakistan

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

by Kalbe Abbas | On 06 Feb 2016

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 Determinants of Food Prices: A Case Study of Pakistan

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

by Henna Ahsan | On 06 Feb 2016

Implementing Energy Subsidy Reforms: Evidence from Developing Countries

This report aims to provide the emerging lessons from a representative sample of 20 country case studies that could help policy makers to address implementation challenges, including overcoming politi...

by | On 05 Feb 2016

Liquidity Benefits from Underpricing: Evidence from Initial Public Offerings Listed at Karachi Stock Exchange

This study explains the underpricing phenomenon through the relationship of underpricing (initial returns), ownership structure and aftermarket liquidity empirically by using cross-sectional data of 5...

by Malik Muhammad Shehr Yar | On 03 Feb 2016

An Analysis of Accrual Anomaly in Case of Karachi Stock Exchange

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

by Jawad Mohammad | On 03 Feb 2016

Reaching a Climate Deal in Copenhagen

There is a growing awareness that action is urgently needed to seriously address the climate change problem. The multilateral process that began with the United Nations Framework Convention on Climate...

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

Coordinating Capital Account Regulation

There is a renewed consensus on the need to re-regulate international capital movements. But there is a collective action problem, which puts developing countries at a particular disadvantage. Countri...

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

A Truly Green Agricultural Revolution is Needed

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

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

Increasing Public Spending in Agricultural R&D to Ensure Food Security in Developing Countries

Arguably, ensuring food and nutrition security for all people in the coming decades is the major challenge for the global community. Food demand is increasing in aggregate and per capita values, in pa...

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

The Limited Promise of Agricultural Trade Liberalization

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

by Timothy A. Wise | On 31 Jan 2016

Value Chains and Tropical Products in a Changing Global Trade Regime

In the last decade, the commodity issues have re-emerged as central to development initiatives and poverty alleviation strategies. The objective of this Issue Paper by Charles Mather is to contribute...

by | On 30 Jan 2016

Trade Policy for Food Security: Farm Policies of Developed Countries

Early studies on the potential impacts of climate change indicated that agriculture was not likely to be severely affected, as carbon fertilization and trade flows were thought to be able to compensat...

by | On 30 Jan 2016

Food Security, Price Volatility and Trade: Some Reflections for Developing Countries

Eugenio Diaz Bonilla and Juan Francisco Ron work up from the household level to connect international trade rules to the national strategies needed to achieve food security. Their paper surveys the po...

by | On 30 Jan 2016

Global Food Stamps: An Idea Worth Considering?

In this paper, Prof. Tim Josling analyses whether an international scheme for targeted consumer food subsidies could represent a practical contribution to overcoming food insecurity in developing coun...

by | On 30 Jan 2016

Food Reserves in Developing Countries: Trade Policy Options for Improved Food Security

Agricultural prices, along with the prices of primary commodities in general, have been both high and volatile over 2006-11. These developments impact the poor and other vulnerable non-farm households...

by | On 30 Jan 2016

Trade Policy Responses to Food Price Volatility in Poor Net Food-Importing Countries

In recent years, high and volatile prices have contributed to acute shortages of basic foodstuffs in poor, net food-importing countries. This paper examines the new challenges these countries face, an...

by | On 30 Jan 2016

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

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

by | On 30 Jan 2016

Agricultural Trade and Food Security: Some Thoughts about a Continuous Debate Food Reserves in Developing Countries: Trade Policy Options for Improved Food Security

Previous agricultural trade negotiations were conducted when global prices were lower. They focused on policies that artificially expanded supply in some countries, or reduced demand in other countrie...

by | On 30 Jan 2016

India’s Trade in Drugs and Pharmaceuticals: Emerging Trends, Opportunities and Challenges

The paper looks into the recent experience in exports and imports of drugs and pharmaceutical products. It is found that there is a tremendous growth in the exports. The paper suggests the removal of...

by Reji K Joseph | On 30 Jan 2016

Technological Change and New Actors: Debate on Returns and Regulations

New technology in the seed sector has brought in new actors and new requirements for regulation. It is important to discuss how far India is working on new opportunities and policy options for effecti...

by Sachin Chaturvedi | On 30 Jan 2016

International Food Safety Standards and India's Food Exports An Analysis Based on Gravity Model Using Three-Dimensional Data

The paper tries to understand precisely how the food safety regulations applied by the industrialized countries have an effect on India’s export of processed food to these markets. It also examines th...

by Rajesh Mehta | 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

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

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

by Praveenkumar Katarki | On 30 Jan 2016

Factors Behind the Steep Decline in Crude Oil Prices

The price of crude oil has lost 54% of its value since September 2014 and there are no indications that the fall in prices will stop here unless a major production cut by OPEC is declared. The reasons...

by | On 29 Jan 2016

Oilseeds and Pulses in Indian Agriculture: A Review of Development Policy and Production Performance

The study finds that a high order of technology and yield gap exists and indicates that there is enormous scope to accelerate the pace of growth in the production of both oilseeds as well as pulses....

by B.L. Kumar | On 28 Jan 2016

Competition and Response in Small Firm Clusters: Two Cases from Western India

This paper addresses the different firm level strategies adopted to face up to the pressures of competition by two industrial clusters in the highly industrialised state of Gujarat. The overwhelming p...

by Keshab Das | On 28 Jan 2016

Microinsurance Decisions: Gendered Evidence from Rural Bangladesh

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

by Daniel J. Clarke | On 28 Jan 2016

How Can We Know (More) About the Trade Effects of Regulation?

Standards and regulations have externalities for other governments, citizens, and economic actors. The vector for those externalities is international trade, which is the reason that trade agreements...

by | On 27 Jan 2016

Agricultural Trade And Development: A Value Chain Perspective

The system of global agricultural and food trade is undergoing rapid processes of change, with important implications for economic development. In this paper we document and discuss these changes; inc...

by Johan Swinnen | On 26 Jan 2016

Export Quality in Advanced and Developing Economies: Evidence from a New Dataset

This paper develops new estimates of export quality, far more extensive than previous efforts, covering 178 countries and hundreds of products during the period 1962—2010. It finds that quality upgrad...

by Christian Henn | On 26 Jan 2016

Tbt Provisions In Regional Trade Agreements: To What Extent Do They Go Beyond The WTO TBT Agreement?

This paper investigates whether TBT provisions included in RTAs differ from those under the WTO TBT Agreement, and, if they do, whether they entail broader commitments. Our analysis covers 238 RTAs, o...

by Vira Khoroshavina | On 26 Jan 2016

Government Intervention and Prices of Medicines: Lessons from Tamil Nadu

This paper looks at the approach adopted by the government of Tamil Nadu where drug procurement and supply is done through an autonomous agency. The paper emphasises the need for such goverment interv...

by N. Lalitha | On 26 Jan 2016

A Status Paper on the Pharmaceutical Industry in France

This paper attempts to provide a comprehensive view of the status of the Pharmaceutical industry in France. As a background to the discussion, the paper first elaborates on the demographic features of...

by N. Lalitha | On 26 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

External Shocks

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

by Ashima Goyal | On 24 Jan 2016

Volatility of Stock Return in the Dhaka Stock Exchange

This note examines the volatility in stock prices in the Dhaka Stock Exchange (DSE) during 2003- 2007. Excessive volatility and fluctuations in stock price fail to provide the correct signal on compan...

by Md. Habibour Rahman | On 23 Jan 2016

Inflation Accounting Across Income Groups: Does Inflation Hurt the Poor More in Bangladesh?

This note provides estimates of the contribution of food prices to inflation in Bangladesh. The results suggest that the current inflation takes a bigger toll on the poor because they spend more of th...

by M. Golam Mortaza | 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

Should Bangladesh Monitor Core Inflation for Conducting Monetary Policy?

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

by Bangladesh Bank | On 23 Jan 2016

Rationalizing Food Demand and Supply Estimates: An Exploratory Note

This note examines the current methodology of setting the requirements and availability of food grains used by FPMU and identifies areas where efforts are needed to rationalize demand and supply estim...

by Bangladesh Bank | On 23 Jan 2016

Import Penetration And Price-Cost Margins In Indian Manufacturing Industries

An econometric analysis of the impact of import liberalization on price-cost margins in Indian industries in the post-reform period is carried out using firm-level data for eight manufacturing industr...

by Bishwanath Goldar | On 22 Jan 2016

Dynamics of Pharmaceutical Quality Systems for the Export of Pharmaceuticals from India to Africa

India’s pharmaceutical industry of more than 10,000 manufacturing sites is estimated to generate US$ 22 billion in revenue , half of which is exported to more than 150 countries across the globe. Expo...

by Empower School of Health ESH | On 22 Jan 2016

Strategic Trade Policy for Network Goods Oligopolies

The paper analyzes strategic trade policy for differentiated network goods oligopolies under alternative scenarios, when there is export-rivalry between two countries. We show that, under price compet...

by Anomita Ghosh | On 22 Jan 2016

The Impacts of Diesel Price Increases on India’s Trucking Industry

In the fiscal year 2011–12, under-recoveries1 incurred by Indian oil-marketing companies for diesel rose to an all-time high of INR81,192 crore (US$15 billion) (Government of India, 2012a). Diesel con...

by Gayatri Khedkar | On 21 Jan 2016

Assessment of the Reliability and Relevance of the Food Data Collected in National Household Consumption and Expenditure Surveys

Food consumption data are collected in most countries through a variety of household surveys. The primary objective of these surveys is usually to measure poverty, to derive consumption patterns neede...

by Lisa C. Smith | On 21 Jan 2016

Equity and Health­ Care in the Era of Reforms

Two important policy shifts occurred with the period of economic reforms: one, the sharp reduction in the controlled drug list leading to significant increase in drug prices, and second, the introdu...

by Gita Sen | On 18 Jan 2016

Raising Agricultural Productivity and Making Farming Remunerative for Farmers

The paper identifies five important aspects of agriculture that need immediate attention to bring economic advantages to millions of farm families. First, output per hectare, which is a common measu...

by Niti Aayog GOI | On 18 Jan 2016

Clinical Trials and Health Regulation in India

In the recent past, attention has focused on the ethical, legal and social issues in the conduct of clinical trials. This is largely based on reports of people being harmed when participating in a t...

by Annelies den Boer | On 18 Jan 2016

Trade and Development Report 2007

The Trade and Development Report 2007, subtitled "Regional cooperation for development", recommends that developing countries should strengthen regional cooperation with other developing countries, bu...

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

Trade and Development Report, 2013

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

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

Cross-Border Price Differentials and Goods Market Integration in East Asia

As cross-border movements of goods, capital, and labor are intensifying, it is likely that goods markets in East Asia will become increasingly integrated. This study investigates the current state of...

by Woosik Moon | 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

Antibiotics on the Farm: Agriculture’s Role in Drug Resistance

The evidence that antibiotic use in agriculture creates a pool of resistant bacteria in farm animals is not in dispute. The key questions relate to the magnitude of the risk to human health, and the p...

by | On 06 Jan 2016

A Disclosure-based Approach to Climate Change in India? Early Lessons from Business Regulation

This paper argues that as a step towards improving Indian corporate response to climate change, it is worth exploring an appropriate disclosure-based regulation system. It sets out reasons why Indian...

by Bharath Jairaj | On 05 Jan 2016

Plan vs. Performance: Winter Session 2015

This note compares the legislative business planned by Parliament and compares it with the actual performance, during the Winter Session 2015.

by Kusum Malik | On 05 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

International Trade and Determinants of Price Differentials of Insulin Medicine

Empirical studies on pharmaceuticals pricing across countries have found evidence that prices vary according to per capita income. These studies are typically based on survey data from a subset of cou...

by Toshiaki Aizawa | On 29 Dec 2015

An Asian Perspective on Global Financial Reforms

The purpose of this study is to better understand the likely impact on Asian economies and financial institutions of various recent global financial reforms, including Basel III capital adequacy and l...

by Peter Morgan | On 29 Dec 2015

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

Assessing the Experience of South Asia–East Asia Integration and India's Role

This paper examines the gains for South Asian economies from integratingwith East Asia and India’s role in this process. Evidence of increased pan-Asian integration exists but the process is uneven. B...

by Ganeshan Wignaraja | On 24 Dec 2015

Financial Inclusion, Regulation, and Education in Sri Lanka

Sri Lanka has achieved a high level of financial inclusion compared to other South Asian countries. Its financial sector comprises a wide range of financial institutions providing financial services s...

by Saman Kelegama | On 23 Dec 2015

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

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

by Naoyuki Yoshino | On 23 Dec 2015

Asymmetric Influence in Global Banking Regulation

Global regulatory standard setting is one of the most lucrative battlefields of the international political economy. Asymmetric influence and regulatory capture in setting such standards can undermine...

by Roman Goldbach | On 23 Dec 2015

Seaports, Dry ports, Development Corridors: Implications for Regional Development in Globalizing India

This paper highlights the emerging significance of newer and non-major ports and the consequent changes in the port system, both hierarchical and regional. The relevance of port focused development co...

by Gloria Kuzur | On 18 Dec 2015

External Sector Openness Management: The Bangladesh Experience

Bangladesh has had impressive growth in exports, remittances and foreign exchange reserve in recent year. By analyzing the liberalizing regime from 1979 to this date by adopting a comprehensive approa...

by Abdul Wahab | On 18 Dec 2015

Achieving the Malaria MDG Target: Reversing the Incidence of Malaria 2000–2015

In this joint publication, UNICEF and the World Health Organization report that between 2000 and 2015, malaria mortality rates among children under age 5 fell by 65 per cent, saving an estimated 5.9 m...

by United Nations Children's Fund UNICEF | On 17 Dec 2015

Commercialisation of Surrogacy in the Indian Context

This article talks about some of the important concerns regarding commercialisation in surrogacy arrangements and issues that are left unaddressed in the guidelines on ART issued by government.

by Ashok Vaidya | 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

Enabling war and peace: Drugs, logs, gems, and wildlife in Thailand and Burma

In this policy paper, Vanda Felbab-Brown explores the relationship between conflict, peace dynamics, and drugs and other illicit economies in Thailand and Myanmar/Burma since the 1960s through...

by Vanda Felbab-Brown | On 16 Dec 2015

Merchants of Labor: Agents of the Evolving Migration Infrastructure

The special focus of this paper are the merchants of labour, the public and private agents who move workers over borders. The ILO Convention 97 (1949) recommended that migrants move over borders with...

by Philip Martin | On 15 Dec 2015

Financial Inclusion, Education, and Regulation in the Philippines

This paper discusses the current status of financial inclusion, education, and regulation in the Philippines and measures to foster financial inclusion. The primary policy challenge faced by the gover...

by Gilberto M. Llanto | On 15 Dec 2015

How Can Food Subsidies Work Better? Answers from India and the Philippines

This study explores the outcomes of food subsidies to the poor in the case of India and the Philippines. Both countries operate in-kind food subsidy programs with similar mandates, commonalities in...

by Shikha Jha | On 15 Dec 2015

Notes on Land, Long Run Food Security and the Agrarian Crisis in India

These Notes are mainly about three interconnected themes; the international and Indian ‘take’ on control over land (and water); the distinction between an agricultural crisis and an agrarian crisis;...

by Sheila Bhalla | On 09 Dec 2015

Comparing Emissions Mitigation Efforts across Countries

A framework for comparing mitigation effort is drawn, drawing from a set of principles for designing and implementing informative metrics. A template for organizing metrics on mitigation effort is pr...

by William Pizer | On 09 Dec 2015

Ensuring and Protecting the Land Leasing Right of Poor Women in India

This paper critically examines how lease farming can be a viable livelihood option for landless rural poor, especially women in India. In the absence of land ownership and education, the majority of l...

by | On 08 Dec 2015

The Sun Gets Bigger

The government should encourage the use of solar energy.

by T.N. Ninan | On 04 Dec 2015

The Future of Forests: Emissions from Tropical Deforestation With and Without a Carbon Price, 2016-2050

The future of tropical deforestation is projected from 2016-2050 with and without carbon pricing policies, based on 18 million observations of historical forest loss spanning 101 tropical countries.

by Jonah Busch | On 04 Dec 2015

Delicious, Disgusting, Dangerous: Eating in a Time of Food Price Volatility

Changes in food habits mean people are finding new ways to enjoy food and new foods to enjoy, often with greater convenience and ease. Most people feel they understand little about how new foods affec...

by | On 03 Dec 2015

A Behaviour-based Approach to the Estimation of Poverty in India

Almost a sixth of the world’s population and a large fraction of its poorest people live in India. Until recently, national poverty estimates were widely criticized because they relied on aggregate pr...

by | On 02 Dec 2015

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

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

by Neha Gupta | On 02 Dec 2015

Trade Liberalization, Labour Law, and Development: A Contextualization

This paper is a literature review that emphasizes institutional analyses of trade law, and explores some of the linkages with the development literature. The paper contends that the development of tra...

by | On 02 Dec 2015

What do Economists have to say about Climate Impacts on South Asia?

South Asia’s changing climate has had many different impacts including changes in ecosystems, more severe storms, rainfall that is more concentrated in a few days per year leading to more floods and m...

by E. Somanathan | On 01 Dec 2015

A Review of Issues Pertaining to Distribution of Liquefied Petroleum Gas and Superior Kerosene Oil in Bhutan

LPG and Superior Kerosene Oil (SKO), are not only important sources of fuel, but also commodities whose price is subsidized to benefit the people of Bhutan. Therefore, it is important to ensure smooth...

by National Council Economic Affairs Committee | On 27 Nov 2015

Agricultural Outlook and Situation Analysis Reports: Fourth Semi-annual Medium-term Agricultural Outlook Report

This report attempts to compare the latest medium-term projections for wheat, rice, coarse grains, oilseeds, vegetable oils and sugar made by four international institutions (OECD/FAO, USDA, FAPRI, an...

by National Council of Applied Economic Research | On 18 Nov 2015

Toward Better Global Poverty Measures

While much progress has been made over the last 25 years in measuring global poverty, there are a number of challenges ahead. The paper discusses three sets of problems: (i) how to allow for social...

by Martin Ravallion | On 16 Nov 2015

Whither the Co-operative Banking?

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

by R. Gandhi | On 04 Nov 2015

Skyrocketing Prices of Pulses and the Agrarian Crisis: Impact of Neo-liberal Policies

This interview with Vijoo Krishnan, Joint Secretary All India Kisan Sabha, on the agrarian crises leading to farmer suicides and rising prices of food grains traces backs the agrarian crises to the ne...

by Vijoo Krishnan | On 02 Nov 2015

The Gender Dimensions of Pension Systems: Policies and Constraints for the Protection of Older Women

This paper documents the pervasiveness of women’s lack of income security in old age across a large number of countries, but also points to a number of important policy measures that can be taken to a...

by | On 20 Oct 2015

Corporate Social Responsibility in India - An Effort to Bridge the Welfare Gap

This paper analyses the potential implications of mandated CSR under the recently enacted Companies Act, 2013 in India on firm incentives, likely responses of corporates that come under the ambit of t...

by Jayati Sarkar | On 19 Oct 2015

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

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

by Garry Pursell | On 14 Oct 2015

Investment in Agricultural Marketing and Market Infrastructure: A Case Study of Bihar

Present study has been undertaken to understand that to what extent reforms measures in terms of repeal of the act has affected investment in agricultural marketing infrastructure. The present s...

by Vijay Intodia | On 14 Oct 2015

Food and Nutrition in India: Facts and Interpretations

This paper reviews recent evidence on food intake and nutrition in India. It attempts to make sense of various puzzles, particularly the decline of average calorie intake during the last 25 years. Th...

by Angus Deaton | On 13 Oct 2015

The Consumer Protection Bill, 2015

A bill to provide for adequate protection of the interests of consumers and for prevention of unfair trade practices and for the said purposes to make provisions for establishment of the Consumer Prot...

by Lok Sabha Secretariat | On 13 Oct 2015

The New Dread-word

The new dread-word is deflation. What does this mean for India? This can cause a threat for domestic producers. This is because of the global situation. We can be prepared and by improving efficiency...

by T.N. Ninan | On 09 Oct 2015

India Needs Rapid Manufacturing-LED Growth

The paper discusses India’s rapid services-led growth has always seemed rather fortuitous and unsustainable. For, both historical experience and economic reasoning lead us to expect growth at India’s...

by | On 01 Oct 2015

Food Security, Productivity, and Gender Inequality

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

by Bina Agarwal | On 29 Sep 2015

State, Ideas and Economic Reform in India

This paper argues that the state is an important institution for initiating economic reforms in India. Ideas held within the state are especially important. When the state reposed faith in a closed ec...

by | On 28 Sep 2015

Poverty and Social Protection in Urban India

This paper, highlights the need for provisioning adequate social protection coverage to the vulnerable sections of population in urban India, assesses the role of the TPDS in reaching out to the depri...

by R. Radhakrishna | On 28 Sep 2015

Role and Effectiveness of Public Distribution System in Assuring Food Security in India: An Appraisal

This paper tries to identify food insecure population of the country, analyse the availability, storage, procurement of food grain , assess the effectiveness of PDS, identify the discrepancies in the...

by Ishita Aditya Ray | On 28 Sep 2015

Surviving in Bihar

Can election change the condition of Bihar? At least improving the transport facilities....

by T.N. Ninan | On 26 Sep 2015

Housing Finance Mechanisms in India

India is home to over 1.1 billion people. With about one in every sixth person in the world living in India, housing perforce assumes significant importance. Successive Indian governments have regarde...

by UN-HABITAT | On 25 Sep 2015

Demand for Piped Drinking Water and a formal Sewer System in Bhutan

In this study, it is estimate the demand for sewage connections and piped drinking water in Bhutan. To estimate household willingness to pay for these services, the data is used from a sample of 18,76...

by | On 24 Sep 2015

Environmental Regulations and Compliance in the Textile Processing Sector in Pakistan: Empirical Evidence

This paper, seeks to understand why firms in the garment and textile sector choose to comply with or ignore Pakistan’s environmental regulations and effluent standards. Based on survey of 60 firms, it...

by Ghulam Samad | On 23 Sep 2015

Production, Market Structure and the Role of Public Policy: Foodgrains in the New Economy

Although India’s plans for market reforms and opening up agriculture with earnest optimism and anticipation, every step on the way was laced with caution and deliberation and every action was weighed...

by Nilabja Ghosh | On 21 Sep 2015

Report of the Working Group on Public Distribution System and Food Security for the Tenth Five Year Plan (2002-2007)

This planning commission report on Food Security deals with the changing consumption pattern for food in India and reviews some studies on demand and supply projections for cereals in India. It also e...

by Planning Commission | On 21 Sep 2015

Do Consumer Price Subsidies Really Improve Nutrition?

In this paper results are analysed from a field experiment exploring the response of poor households in China to food price subsidies. Many developing countries use food price subsidies or price cont...

by | On 18 Sep 2015

Evolution of Minimum Wage Policy and Regulatory Framework: An Inter Country Perspective

The issue of wages is perhaps the most vital issue for various categories of workers, especially those engaged in the informal and unorganized sector. This study points out that in spite of various d...

by | On 15 Sep 2015

Assessment of State Implementation of Business Reforms

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

by World Bank | On 15 Sep 2015

Price Rigidity, Inflation and the Distribution of Relative Price Changes

This study examines whether skewness of the cross sectional distribution of relative price changes is positively associated with aggregate inflation as predicted by the Menu cost model of Ball and Man...

by Sartaj Rather | On 14 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

Excess Food Stocks, PDS and Procurement Policy

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

by Arvind Virmani | On 25 Aug 2015

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

Has Indian Plantation Sector Weathered the Crisis? A Critical Assessment of Tea Plantation Industry in the Post-reforms Context

the paper provides an overview of the growth and status of Indian tea plantation sector delineating the trends in economic performance in the global context in a historic perspective. It then examine...

by Viswanathan P K | On 25 Aug 2015

Safety First

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

by T.N. Ninan | On 21 Aug 2015

The WTO Agreement on Agriculture and Food Security

This study aims to help identify how a future multilateral agreement on agricultural trade can provide a secure framework within which developing countries can pursue effective policies to ensure thei...

by Stephen Devereux | On 21 Aug 2015

Property Rights of Street Vendors

Street vendors’ rights to carry on their trade in public spaces, has been the subject matter of debate and discussion in India for a very long time. In fact it has taken numerous judgments of the Supr...

by Amit Chandra | On 13 Aug 2015

The Rising Cost of a Healthy Diet – Changing Relative prices of Foods in High- Income and Emerging Economies

In 2014 our previous study ‘Future Diets’ (Keats and Wiggins 2014) described how across the world an increasing share of the population is overweight and obese, with the rate of increase particularly...

by Rafael Moreira Claro | On 12 Aug 2015

Economic Growth, Financial Development and Income Inequality

The central objective of the paper is to empirically examine the relationship between financial development and income inequality. Theoretically, there are grounds for both a positive and negative re...

by Donghyun Park | On 12 Aug 2015

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

Resolving the Food Crisis – Assessing Global Policy Reforms Since 2007

The report looks beyond the proclamations and communiqués to assess what has really changed since the crisis erupted. While not exhaustive, the report looks at: Overseas Development Assistance, both i...

by | On 30 Jul 2015

Future and New Thoughts on Co-operative Banks

The co-operative movement in India is more than a century old; regulation thereof is also more than a century old with the first major impetus provided by the passage of the Co-operative Society Act i...

by R. Gandhi | On 29 Jul 2015

Clinical Trials Industry in India: A Systematic Review

This study shows that many global clinical trials organisations have relocated their clinical trial (CT) research units to India. The Indian CT industry has become one of the most cost-efficient desti...

by Dinesh Abrol | On 23 Jul 2015

Net Neutrality: DoT Committee Report

In March 2015, the Telecom Regulatory Authority of India (TRAI) issued a consultation paper titled “Regulatory Framework for Over-the-Top (OTT) Services” wherein the issue of Net Neutrality in the bac...

by DoT Committee on Net Neutrality | On 16 Jul 2015

Contract Labour (Regulation and Abolition) Act 1970 and Labour Market Flexibility: An Exploratory Assessment of Contract Labour use in India’s Formal Manufacturing

This paper seeks to examine this Act and its implication for manufacturing employment in India. While empirical evidence seems to indicate the presence of large number of ‘contract’ workers in the Ind...

by Deb Kusum Das | On 13 Jul 2015

A Financial Slave State

Greece is in huge financial trouble. Greece is paying the price for past follies like fictitious national accounts, unsustainable pension programmes, non-existent tax revenues and (the biggest mistake...

by T.N. Ninan | On 04 Jul 2015

Comprehensive Review of the Land Act of Bhutan, 2007 for Revision

The need for revision of the 1979 land legislation was being felt for a long time and hence the then Ministry of Agriculture started the work on it with the formation of a multi-sector committee in 20...

by Dasho Kinzang Dorji | On 26 Jun 2015

Twelfth Report on Pricing of Agricultural Produce

This Report of the Committee on Agriculture deals with the action taken by the Government on the recommendations contained in the Sixtieth Report of the Committee on Agriculture (2013-14) on ‘Pricing...

by Lok Sabha Secretariat | On 24 Jun 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

Developing a New Perspective on Child Labour: Exploring the Aftermath of Mumbai Raids Conducted from 2008 Onwards

India has 12.6 million child labourers in the age group of 5 to 14 years as per the National Census 2001. Our country is yet to commit itself towards elimination of child labour. espite the ratificati...

by Child Rights and You CRY | 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

A Noodle-Bowl of Issues

Will those who promote ayurvedic products that have iron as a standard ingredient, get the same treatment as Maggi noodles, or benefit from benign neglect?

by T.N. Ninan | On 15 Jun 2015

The Sunday Edit: The Maggi Order

Indigestible noodle soup.

by S Srinivasan | On 15 Jun 2015

The Thursday Edit: No 'instant' fixes

The Maggie noodles episode makes a case for fine-tuning food-related regulations

by Padma Prakash | 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

A Value Chain Approach to Measuring Distortions to Incentives and Food Policy Effects (with application to Pakistan’s grain policy)

An extended Nominal Rate of Assistance (NRA) methodology is used to disentangle the welfare impacts of policies for various interest groups along the value chain (to disaggregate effects within the “p...

by Elena Briones Alonso | On 02 Jun 2015

Report of the Working Group on Labour Laws and other Regulations for the Twelfth Five Year Plan (2012-17)

The Working Group aims to deliberate on the existing labour laws and the need for review of these laws in order to protect the interest of workers more effectively while at the same time promoting gro...

by Ministry of Labour and Employment GoI | On 26 May 2015

Report of the Working Group on AYUSH for the 12th Five-Year Plan (2012-17)

The mandate of AYUSH Department encompasses seven key areas of activity and intervention, namely AYUSH services, Medicinal Plants, Research & Development, Human Resource Development, International Col...

by Ministry of Health and Family Welfare H & FW | On 26 May 2015

Report of the Working Group on Drugs & Food Regulations

Strengthening of Drugs Regulatory Mechanisms is one of the major public health interventions. This ensures that safe, efficacious and quality drugs are made available to the people. Keeping in view th...

by Ministry of Health and Family Welfare H & FW | On 21 May 2015

Fortieth Report: The Child Labour (Prohibition and Regulation) Amendment Bill, 2012

The Standing Committee on Labour and Employment (Chairman: Mr. Dara Singh Chauhan) presented its 40th report on the Child Labour (Prohibition and Regulation) Amendment Bill, 2012 on December 13, 2013....

by Ministry of Labour and Employment | On 14 May 2015

The Coal Mines (Conservation & Development) Amendment Bill, 2012: Standing Committee on Coal and Steel (2012-2013)

Standing Committee on Coal and Steel present this Thirty-Seventh Report (Fifteenth Lok Sabha) on "The Coal Mines (Conservation & Development) Amendment Bill, 2012" relating to the Ministry of Coal. Th...

by Lok Sabha Secretariat | On 14 May 2015

Nutritional Intake in India (July 2009 - June 2010)

This report presents the information on nutritional intake by the Indian population. Among the different nutrients only three nutrients – viz, calorie, protein and fat – are discussed in this report....

by National Sample Survey Office NSSO | On 05 May 2015

Economic Distress and Farmer Suicides in India: An Econometric Investigation

This paper empirically analyses sources of extreme economic distress in rural India. We use district-level data on farmers’ suicides in two major states during the years 1998 to 2004 to estimate the e...

by | On 29 Apr 2015

India in Figures 2013

This reports reflects development in the fields of population, Human development index, labour and houses, employment, prices, agriculture, industry.

by Environmental Management & Policy Research Institute | On 24 Apr 2015

Network Neutrality: A Thematic Analysis of Policy Perspectives Across the Globe

This policy review looks at four types of Internet traffic management policies across the globe: legal regulation, transparency, non-neutrality, and government control. Each of these has been employed...

by Christine Stover | On 16 Apr 2015

Keeping the Internet Neutral: Net Neutrality and its Role in Protecting Political Expression on the Internet

As Internet-use rises and becomes more widely available, it has become an increasingly important medium of political communication. This article explores internet regulation frameworks in the United S...

by Jennifer L. Newman | On 15 Apr 2015

The Political Economy of Governing ISPs in China: Perspectives of Net Neutrality and Vertical Integration

Internet service providers (ISPs) have played an important role in China's internet regulation regime. This article illustrates how ISPs are governed to serve the government's regulatory goals.

by Henry L. Hu | On 15 Apr 2015

Policy Matters Now and in the Future: Net Neutrality, Corporate Data Mining, and Government Surveillance

This article details three key policy issues that have a profound effect on the future of the World Wide Web and Internet-based communications: net neutrality, corporate data mining, and government su...

by Heidi A. McKee | On 15 Apr 2015

Regulatory Framework for Over-the-top (OTT) services

The objective of this Consultation Paper (CP) is to analyse the implications of the growth of OTTs and consider whether or not changes are required in the current regulatory framework. To understand...

by Telecom Regulatory Authority of India (TRAI) | On 13 Apr 2015

Economic Survey of Maharashtra 2014-15

Maharashra Government, State Economy, Population, State income, Prices & Public Distribution System, Public Finance, Institutional Finance & Capital Market, Agriculture & Allied Activities, infrastru...

by Government of Maharashtra | On 09 Apr 2015

Separating Shocks from Cyclicality in Indian Aggregate Supply

An ongoing debate on the shape of the Indian aggregate supply curve (AS) raises interesting econometric and policy issues. Systematic steps were taken to improve the estimation. On adding better vari...

by Ashima Goyal | On 02 Apr 2015

The National Food Security Act (NFSA) 2013 - Challenges, Buffer Stocking and the Way Forward

The paper empirically maps the annual distribution commitment (61.43 MMTs) of the government with the procurement pattern of rice and wheat, for each quarter, to estimate the quarterly operational sto...

by Shweta Saini | On 01 Apr 2015

Intellectual Property Rights and Innovation: MNCs in Pharmaceutical Industry in India after TRIPS

The paper discusses several patent cases to argue that MNCs are aggressively asserting their patent rights not for getting genuine patents which they are entitled to but for preventing generic competi...

by Sudip Chaudhuri | On 30 Mar 2015

Walk the talk on carbon tax, Mr Finance Minister

Budget 2015, presented by Finance Minister Arun Jaitley, has a first. In it, India has accepted that it has a de-facto carbon tax—on petroleum products and dirty coal. Arguably, the only big green ini...

by Sunita Narain | On 25 Mar 2015

IMI Konnect Volume 4 Issue 2 - February 2015

The February 2015 issue of IMI Konnect (Volume 4, Issue 2) has the following articles - Reinventing India as an Innovation Nation? by Raghunath Anand Mashelkar; Understanding the Underpricing of IPOs...

by IMI Konnect | On 25 Mar 2015

Towards A Pareto Efficient Indian Agricultural Market - with specific focus on rice and wheat markets

The paper examines the policies of the central as well as state governments with respect to the agricultural market, specifically in rice and wheat markets, analyses their shortcomings and argues for...

by Dr Anandi Subramanian | On 23 Mar 2015

Nanotechnology Development in India An Overview

This discussion paper attempts to capture the nanotechnology development in India by highlighting the various initiatives undertaken by the government to promote basic R&D in it, the major actors invo...

by | On 19 Mar 2015

IP Rights, Innovation and Development Priorities: Need for Balance

The present policy initiative by the Government of India may be seen in the light of IP concerns and complaints have been hurled at India by key intellectual property exporters, given pro-consumer ve...

by | On 18 Mar 2015

The Fiscal and Welfare Impacts of Reforming Fuel Subsidies in India

This paper evaluates the fiscal and welfare implications of fuel subsidy reform in India. Fuel subsidies are found to be badly targeted, with the richest ten percent of households receiving seven time...

by | On 11 Mar 2015

Parliamentary Procedures

The purpose of this primer is to assist newly elected Rajya Sabha MPs in navigating the Rules of Procedure of the Rajya Sabha. It has been organised in a manner that highlights the opportunities for p...

by | On 10 Mar 2015

Policy Framework for Finance SEZs

India is a large user of financial services, by virtue of a large and growing GDP and a high rate of investment and savings. At present, India is con- suming financial services produced onshore as wel...

by Ministry of Finance | On 19 Feb 2015

Asymmetric Price Adjustment - Evidence for India

The study tries to examine whether there exists asymmetry in the price adjustment of firms while using the commodity wise whole sale price indices belonging to three different sectors - primary, manuf...

by Sartaj Rather | On 12 Feb 2015

Approaches to Food Security in Brazil, China, India, Malaysia, Mexico, and Nigeria: Lessons for Developing Countries

This paper provides a review of the national experiences of six emerging and developing economies, two from Latin America (Brazil and Mexico), three from Asia (China, India, and Malaysia), and one fro...

by Pooja Sharma | On 23 Jan 2015

Trade Policy Uncertainty and the WTO

This paper discusses the impact of WTO commitments on changes in MFN applied tariffs, isolating pure trade policy changes from any other change in the level of protection due to market conditions by f...

by Valeria Groppo | On 22 Jan 2015

A Farming System Model to Leverage Agriculture for Nutritional Outcomes

The objective of paper is to demonstrate feasibility of nutrition-sensitive agriculture. The proposed model is being tested in two select locations to demonstrate improvement in nutrition status throu...

by M S Swaminathan | On 21 Jan 2015

Creating Jobs in India’s Organised Manufacturing Sector

This paper attempts to study the factors holding back the growth of output and employment in this manufacturing sector. The creation of a large number of industrial jobs made possible by the rapid gro...

by Radhicka Kapoor | On 15 Jan 2015

Global Economic Prospects

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

by World Bank | On 14 Jan 2015

Living through Crises : How the Food, Fuel, and Financial Shocks Affect the Poor

The food, fuel, and financial crises that started in 2008 reverberated throughout the global economy, causing job losses; poverty; and economic, financial, and political upheaval in countries all...

by | On 13 Jan 2015

Food Security and Nutritional scenario of India- An overview

The purpose of this paper is to assess the availability of food to poor and nutritional situation of national households. The growth of production of food grains is 2.12 per cent in 2000-01 to 2010-1...

by | On 26 Dec 2014

Freedom of Religion and Anti-Conversion Laws in India: An Overview

Indian constitution stands on the bedrock of secularism though nowhere in the original constitution the word secularism‘ was mentioned. Indian political circuit, in recent times has seen the dirtiest...

by Saadiya Suleman | On 23 Dec 2014

Food and Nutrition Security Status in India: Opportunities for Investment Partnerships

Ensuring food and nutrition security is a challenge for India, given its huge population and high levels of poverty and malnutrition. India is a net agricultural exporter, particularly of milk, fruit...

by T. Nanda Kumar | On 18 Dec 2014

A Nutrition Secure India: Role of Agriculture

India continues to suffer from under-nutrition among large sections of its population. The country is unlikely to realise the first millennium development goal by 2015. How can agriculture be us...

by Suneetha Kadiyala | On 18 Dec 2014

Price Movements for Rice and Wheat: A Structuralist Policy Perspective

This paper examines the price movements in rice and wheat, following structuralist principles emphasizing the necessity of long term solutions in combination with short and medium term management. How...

by K U Gopakumar | On 17 Dec 2014

Food Price Subsidies and Nutrition: Evidence from State Reforms to India’s Public Distribution System

It investigate whether food price subsidies affect household nutrition using a dramatic expansion of the availability of subsidized rice in the Indian state of Chhattisgarh in the early 2000’s. Hous...

by Prasad Krishnamurthy | On 28 Nov 2014

Poverty-Hunger Divergence in India

The usual explanations for the divergence between calorie intake and consumption expenditure in India ignore the enormous squeeze on food budgets arising from dispossession (leading to loss of a...

by Deepankar Basu | On 28 Nov 2014

Agricultural Transformation and Food Security in India: Lessons for Southeast Asia

This article seeks firstly to look at the three aspects of food security in India, viz., food availability, accessibility, and absorption. Secondly, an attempt has been made to study food security in...

by Reshmi Banerjee | On 27 Nov 2014

Global Report on Trafficking in Persons

The exploitation of one human being by another is the basest crime. And yet trafficking in persons remains all too common, with all too few consequences for the perpetrators. Trafficking happens every...

by United Nations Drugs and Crime | On 26 Nov 2014

Need for and Access to Health Care and Medicines: Are There Gender Inequities?

Differences between women and men in political and economic empowerment, education, and health risks are well-documented. Similar gender inequities in access to care and medicines have been hypothesiz...

by Anita K. Wagner | On 26 Nov 2014

Enhancing the Nutrition-Sensitivity of Agricultural Development Interventions in the Eastern Gangetic Plains: Challenges and Options

This background paper aims first is to outline the rationale and merits for enhancing the nutrition-sensitivity of agricultural interventions in general, highlighting recognised pathways which lin...

by Toni Darbas | On 20 Nov 2014

Global Slavery Index 2014

This is the second edition of the Global Slavery Index (‘the Index’) which provides estimates the number of people in modern slavery in 167 countries. The Index estimates there are 35.8 million people...

by Walk Free Foundation | On 18 Nov 2014

Global Nutrition Report 2014

This Global Nutrition Report is the first in an annual series. It tracks worldwide progress in improving nutrition status, identifies bottlenecks to change, highlights opportunities for action, and co...

by Independent Expert Group (IEG) | On 17 Nov 2014

Neighborhood and Agricultural Clusters across States of India

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

by Tirtha Chaterjee | On 14 Nov 2014

Prioritizing Demand-Driven Agricultural Research for Development in India

India has shown an impressive economic growth of about 8 percent per year in the last decade. But the coexistence of impressive growth with widespread poverty and hunger is a real worry and a seri...

by Asia-Pacific Association of Agricultural Research Institutions | On 12 Nov 2014

A Spatial Integration Analysis of the Regional Fertilizer Markets in the Philippines

Fertilizer, which is an important production input, holds a significant share in total cost of production for some crops. Based on the available fertilizer price data, it can be observed that pr...

by Ivory Myka R. Galang | On 30 Oct 2014

The Myth of Tough Labour Laws

In the post-reform period no opportunity has been missed out by the employers, the critics of labour regulation and the government in describing the labour laws in denouncing manner, viz. archaic, num...

by K.R. Shyam Sundar | On 28 Oct 2014

Creating Jobs in India’s Organised Manufacturing Sector

Despite witnessing a decade of rapid economic growth, an acceleration of growth in the organised manufacturing sector has eluded India. Using data from the Annual Survey of Industries, the factors hol...

by Radhicka Kapoor | On 27 Oct 2014

The Soya Project: Farm Evangelists

In 2008, two earnest young men set out to boost soya bean yields in the semi-arid region of Bundi in Rajasthan. Rainfall there is meagre and the soil lacks nutrients. But there are ready buyers for so...

by Civil Society | On 20 Oct 2014

Four Changes to Trade Rules to Facilitate Climate Change Action

The tension between trade and climate change has arisen in part because of the assumption that climate change action (e.g., carbon price increases) can be taken as a given. The question that many pape...

by Aaditya Mattoo | On 20 Oct 2014

Fighting Child Malnutrition

India has the dubious distinction of having the highest burden of malnutrition in the world – higher than Sub-Saharan Africa. Nearly 50 per cent of our children are underweight and stunted and 70...

by National Academy of Agricultural Sciences, India | On 16 Oct 2014

Analytics of Food Inflation in India

Food inflation in India has remained stubborn in recent years. A number of proximate factors such as increasing demand particularly arising from higher rural wages, rising agricultural cost of produ...

by Thangzason Sonna | On 14 Oct 2014

Estimating Workers' Bargaining Power and Firms' Markup in India: Implications of Reforms and Labour Regulations

Implications of industrial deregulations, trade liberalisation and labour regulations on workers' bargaining power and firms' markup in Indian manufacturing industries is examined, using state-wise th...

by Rupayan Pal | On 29 Sep 2014

Evolution and Critique of Buffer Stocking Policy of India

An evaluation of the country’s buffer stock policy reveals gaps and inefficiencies. Large quantities of food grains have accumulated in the godowns of the Food Corporation of India (FCI) and its nom...

by Shweta Saini | On 26 Sep 2014

Causes of Indian Rupee Depreciation and its Impact on Bangladesh Economy

The intention of this paper is to examine the impact of Indian Rupee depreciation on Bangladesh Economy. The empirical results obtained from OLS for the sample period from 2007:10 to 2013:10 show tha...

by Sayera Younus | On 25 Sep 2014

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

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

by Thaigu Ranganathan | On 24 Sep 2014

Food Security and Nutrition: Vision 2020

The concept of food security has undergone considerable changes in recent years. Food availability and stability were considered good measures of food security till the seventies and the achievement o...

by K. Venkata Reddy | On 18 Sep 2014

SEWA: Supporting Village-Level Organizations to Improve Rural Livelihoods

In spite of the rapid growth of the Indian economy, the fraction of the rural population living in poverty has declined only modestly. Increasing indebtedness, rises in input prices, and rapid commerc...

by Raj M. Desai | On 17 Sep 2014

Scaling up Agricultural Supply Chains in the Private Sector

This brief is one of series on scaling up in agriculture, rural development, and nutrition. PepsiCo is a global business operating in more than 200 countries and territories and rooted in creating and...

by Beth Sauerhaft | On 17 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

Rising Food Prices in South Asia: A Policy Framework to Mitigate Adverse Effects

The global economic crises that started in 2008 have exposed commodity markets to increasing price volatility and raised concerns for higher inflation, food security and poverty reduction. This seri...

by S.Mahendra Dev | On 12 Sep 2014

Background Paper on Issues related to Land Economics - Urbanisation, Development and Housing Requirements in the National Capital Region (NCR)

The mechanism adopted to keep the rise in property prices under check until 2000 was the active participation of the public sector in keeping supply ahead of demand. This seems to have worked well in...

by Jatinder S. Bedi | On 08 Sep 2014

Food Stamps: A Model for India

About 4.5 lakh fair price shops in India sell 10-20 lakh tons of rice and wheat at the subsidized rate per month. Majority of the ration shops are in urban areas, they are hardly ever open and only a...

by Parth Shah | On 27 Aug 2014

Finance and Opportunity in India

One of the greatest dangers to the growth of developing countries is the middle income trap, where crony capitalism creates oligarchies that slow down growth. If the debate during the elections is any...

by Raghuram G. Rajan | On 13 Aug 2014

Three Blind Men and an Elephant: The Case of Energy Indices to Measure Energy Security and Sustainability

An 'Energy Index', which is aggregated from energy indicators is a rich source of information and is helpful in providing an assessment of a country's performance. This has, however, resulted in mus...

by Kapil Narula | On 24 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

Employment Stagnancy in India: Policy Plus Monetary reform

The Indian economy is witnessing a dichotomous trend- an increasing share of employment in industry with decline in Value Added to output. When compared to other Asian economies, we’re adding workers...

by Aritra Chakrabarty | On 10 Jul 2014

The Role of Mineral Fertilizers in Transforming Philippine Agriculture

Fertilizer policy in the country has evolved from pervasive interventionism in the 1970s to today's market-oriented regime. Government has abandoned price policies and subsidies, focusing rather on...

by Roehlano M. Briones | On 20 Jun 2014

Child labour in India

To study the various definitions of a child as highlighted under the Constitution as well as under various other legislations and compare the various objectives which led to the differential criteria...

by Mubashshir Sarshar | On 09 Jun 2014

Price, Markups and Trade Reforms

This paper examines how prices, markups and marginal costs respond to trade liberalization. Multi-product firms are used in the study. [BREAD WP No. 418].

by Jan De Loecker | On 02 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

The Economic Cost of General Strikes in Nepal

This paper reviews the key aspects of general strikes and analyses the economic cost of such strikes in Nepal. Data analysis shows that average direct cost of general strikes stood at NRs. 1.8 billi...

by Min Bahadur Shrestha | On 11 Apr 2014

The State of Food Insecurity in the World : Addressing food insecurity in protracted crises

The number and proportion of hungry people in the world are declining as the global economy recovers and food prices remain below their peak levels, but hunger remains higher than before the foo...

by World Food Programme WFP | On 04 Apr 2014

National Manufacturing Policy (2011)

The concern about the stagnant and low share of the manufacturing sector in India‘s GDP necessitated a dedicated policy for the sector with a view to accelerated development, inclusive growth and prov...

by Ministry of Commerce and Industry GOI | On 01 Apr 2014

Food Prices and Child Nutrition in Andhra Pradesh

This paper makes an attempt to assess the impact of food price rise on the nutritional status of children of five year old. Young lives panel data provides the nutritional status of the children whe...

by S. Galab | On 27 Mar 2014

Price Transmission and Market Power in Modern Agricultural Value Chains

Price transmission is theoretically examined and how exogenous consumer price shocks (triggered for instance by income changes, global shocks, or by changes in consumer preferences) are transmitted to...

by Johan F.M. Swinnen | On 20 Mar 2014

Direct and Indirect use of Fossil Fuels in Farming: Cost of Fuel-price Rise for Indian Agriculture

This paper focusses on the interaction between fossil fuels and farming in India, to capture total intensity of fossils in farming and offer some evidence on inflationary impact of fossil fuel price i...

by Mukesh Kumar Anand | On 13 Mar 2014

National Food Security Bill Challenges and Options

Despite ensuring ample availability of food, existence of food insecurity at the micro-level in the country has remained a formidable challenge for India. The recently introduced National Food Securit...

by Ashok Gulati | On 23 Jan 2014

Factors Driving Drug Abuse in India’s Punjab

This paper explores the phenomenon of drug abuse among the youth of Punjab, India. In aiming to identify the factors influencing the problem, the paper focuses on the importance of the exceptional asp...

by Rahul Advani | On 22 Jan 2014

Growth and Redistribution: Is there 'Trickle Down' Effect in the Philippines?

The aim of this research is to explore the determinants of household income and expenditure growth, and assess whether the poor are benefitting from economic development. Using regression analysis,...

by Danileen Kristel C Parel | On 17 Jan 2014

Functioning of the Public Distribution System: An Analytical Report

During September 2013, Parliament passed the National Food Security Act (NFSA), 2013. The NFSA seeks to make the right to food a legal entitlement by providing subsidised food grains to nearly two-th...

by Sakshi Balani | On 07 Jan 2014

Monsoon 2013: Estimating the Impact on Agriculture

This paper attempts to project the likely impact of robust monsoon rains of 2013 on the Agricultural Gross Domestic Product (GDP) growth in India. The model hypothesizes that the performance of agricu...

by Ashok Gulati | On 17 Dec 2013

Attitudes Towards Risk of Forest Dependent Communities Evidence from Andhra Pradesh

This study is an attempt to generate empirical evidence on attitude towards risk of forest dependent communities (FDCs). The FDCs covered in the study include two different geographical regions from...

by B. Sundar | On 05 Dec 2013

Asymmetric Information and Middleman Margins: An Experiment with West Bengal Potato Farmers

A study middleman margins, trading mechanisms and the role of asymmetric information about prices between potato farmers and local trade intermediaries, in West Bengal, India is conducted. Farmers in...

by Sandip Mitra | On 23 Oct 2013

Fifty Ninth Report on the Functioning of the Central Drugs Standards Control Organisation

The Committee is of the firm opinion that most of the ills besetting the system of drugs regulation in India are mainly due to the skewed priorities and perceptions of CDSCO. For decades together it h...

by Parliamentary Standing Committee Health and Family Welfare | On 15 Sep 2013

Do Open Sewers Lead to a Reduction in Housing Prices? Evidence from Rawalpindi, Pakistan

The Hedonic property value method is used to estimate how a dismenity, bad odor from an open sewer system, affects housing prices in the city of Rawalpindi in Pakistan. An estimate of the benefits of...

by Mohammad Irfan | On 05 Sep 2013

A Tale of Two Farms: Agricultural support in India and Thailand

For agricultural subsidies to be efficient in improving farmers’ incomes and eradicating hunger, holistic policy intervention is required. Complementary policies such as increased access to credit and...

by Maria C.S. Morales | On 30 Aug 2013

Food Prices, Wages, and Welfare in Rural India

This paper considers the welfare and distributional consequences of higher relative food prices in rural India through the lens of a specific-factors, general equilibrium, trade model applied at the...

by Hanan G Jacoby | On 22 Aug 2013

National Data Sharing and Accessibility Policy-2012 (NDSAP-2012)

The National Data Sharing and Accessibility Policy (NDSAP) is designed so as to apply to all sharable non-sensitive data available either in digital or analog forms but generated using public funds by...

by Ministry of Science and Technology GOI | On 30 Jul 2013

Fuel Price Hike and Indonesia’s Energy Insecurity

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

by Margareth Sembiring | On 26 Jul 2013

Size-Dependent Labour Regulations and Threshold Effects: The Case of Contract-worker Intensity in Indian Manufacturing

Labour regulations like employment protection legislation in India are size-dependent rules and therefore constitute a basis for threshold effects. Firms could use non-permanent workers to stay below...

by K.V. Ramaswamy | On 23 Jul 2013

Four Years of Progress: Bangladesh Marches On-Budget Speech 2013-14

Supplementary Budget for the fiscal year 2012-13 and the Budget Estimates for the fiscal year 2013-14. [http://www.mof.gov.bd/en/budget/13_14/budget_speech/speech_en.pdf].

by Abul Maal Abdul Muhith | On 07 Jun 2013

Market Power and Industrial Performance in Pakistan

Using a panel of eight Pakistani manufacturing industries, We have examined the changes in price-cost margin (gross profitability) during 1998-2009. In this study the traditional industrial organizati...

by Akbar Ullah | On 23 May 2013

The Political Economy of Food Pricing Policy in China

The overall goal of this paper is to analyse the political economy of food price policies in China during the global food crisis. The results show that given China’s unique economic and political co...

by Jikun Huang | On 18 Apr 2013

Food Price Inflation in India: Causes and Cures

Inflation in general and food price inflation in particular has been a persistent problem in India over the past few years. Price stability is crucial for sustainable growth as persistent inflation...

by Pradeep Agrawal | On 16 Apr 2013

Indian Banking Sector: Pushing the Boundaries

Asset quality of banks has come under increasing pressure with rising NPAs and Restructured loans. The Gross NPA ratio for the banking system, which was 2.4% in March 2011, increased to 3.6 per cent b...

by Chakrabarty K C | On 07 Mar 2013

Nine years later…

Is the Finance Minister going to do a salvage operation? [BS week end ruminations].

by T.N. Ninan | On 27 Feb 2013

Target the Beneficiaries in the 2013-14 Budget

In spite of several programmes in the country to reduce undernutrition, India continues to have a large number malnourished women and children. In the coming Budget the government has to make some eff...

by Rudra Narayan Mishra | On 26 Feb 2013

Neutral Expectations from Automobile Sector

Budget expectations for automobile sector. [IRIS India].

by IRIS India IRIS | On 19 Feb 2013

Standing Committee on Food, Consumer Affairs and Public Distribution

The proposed legislation marks a paradigm shift in addressing the problem of food security – from the current welfare approach to a right based approach. About two thirds of the population will be ent...

by MINISTRY OF CONSUMER AFFAIRS, FOOD AND PUBLIC DIST GOI | On 15 Feb 2013

The Companies Bill, 2011

A bill to consolidate and amend the law relating to companies. [PRS]. URL:[http://www.prsindia.org/uploads/media/Company/companies%20bill%202011.pdf].

by Parliamentary Research Service PRS | On 11 Feb 2013

Positive and Normative Aspects of Food Policy and the Market in Indian Agriculture-An Empirical Analysis of Government Policy Interventions in Food Management

There are discussions about food management and food policy issues in India in the backdrop of largely unchanging dynamics of slow growth of the farm sector in India. First we deal with the manner in...

by Munish Alagh | On 30 Jan 2013

How to Tackle Food Insecurity in Asia

Review of the book Food Security in Asia, by Amitava Mukherjee Sage Publications India 2011 pp. xix+392, Rs 895/-.

by Rudra Narayan Mishra | On 04 Jan 2013

Review of Input and Output Policies for Cereals Production in Pakistan

This report reviews the input and output policies for cereals implemented in Pakistan during the period 1996–2010. Pakistan has a long and varied history of intervening in farm input and output market...

by Abdul Salam | On 16 Nov 2012

Co-movement of Skill Premium and Stock Prices

We examine the empirical phenomenon of co-movement of skill premium and share prices by appealing to the techniques of cointegration. The US data (1984--2010) reveals that stock prices and skill premi...

by Kausik Gangopadhyay | On 05 Nov 2012

WEATHER SHOCKS, SPOT AND FUTURES AGRICULTURAL COMMODITY PRICES: AN ANALYSIS FOR INDIA

We analyze the impact of climate shocks on price formation in spot and futures market for food in India where until the recent introduction of commodity futures markets in 2005, the transmission of th...

by N R Bhanumurthy | On 05 Nov 2012

Diesel Pricing in India: Entangled in Policy Maze

This paper identifies the important economic activities that use diesel and discusses the contribution of those sectors in GDP. Other important petroleum products and, their limited substitution possi...

by Mukesh Kumar Anand | On 17 Oct 2012

Food Subsidy in India: Trends, Causes and Policy Reform Options

This paper analyses the trends in volume of food subsidy in the post-reforms period (1991-92 to 2012-13) and then examines various components of food subsidy, which are under the control of FCI and th...

by Vijay Paul Sharma | On 20 Sep 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

Gender Impact of Trade Reforms in Indian Plantation Sector: An Exploratory Ananlysis

This paper examines the potential gender impacts of the trade reforms in plantation agriculture in the emerging context of the two prominent FTAs, viz. the Indo-ASEAN and the proposed EU-India FTA....

by Viswanathan P K | On 14 Sep 2012

Mobile Financial Services in Bangladesh: An Overview of Market Development

The objective of this report is to share a market level overview of the early stage progress of (Mobile Financial Services) MFS in Bangladesh up through the first quarter of 2012. A series of short s...

by Bangladesh Bank BB | On 23 Aug 2012

Mango Travellers Stealing Rural Jobs

Mangoes from Andhra Pradesh reach everywhere in India. This has caused the conversion of large tracts of paddy fields into mango farms in Andhra. It affects the rural employment. Use of chemicals to r...

by Alex George | On 14 Aug 2012

Gender Wage Discrimination in India: Glass Ceiling or Sticky Floor?

Traditional analysis of gender wage gaps has largely focused on average gaps between men and women, and mean wage decompositions such as the Blinder-Oaxaca (1973) decomposition method. To answer the q...

by Shantanu Khanna | On 26 Jul 2012

Vital Stats: Pricing of Petroleum Products

Government owned Oil Marketing Companies (OMCs) raised the price of petrol on 23rd May 2012. After the inclusion of local taxes, this amounted to a hike of Rs 7.54 per litre in Delhi. A snapshot of t...

by Karan Malik | On 24 Jul 2012

Obituary: Mrinal Gore (1928-2012)

Obituary: Mrinal Gore (1928-2012)

by Vibhuti Patel | On 23 Jul 2012

Raining problems

Recent history tells us that the growth rate of the economy does not automatically go up and down with good and bad monsoons. [BS Weekend Ruminations]. URL:[http://www.business-standard.com/india/news...

by T.N. Ninan | On 18 Jul 2012

Review of Philippine Migration Laws and Regulations Gains, Gaps, Prospects

The Philippines has often been cited as the global model in managing international labor migration. Despite the complexity of our management infrastructure, however, some gaps still remain. This pap...

by Julyn S Ambito | On 12 Jul 2012

Intrinsic Inflation Persistence in a Developing Country

This study estimates degree of intrinsic inflation persistence in Pakistan using aggregate price index, group level price indices, and individual commodity prices. Monthly data from 1959 to 2011 is us...

by Muhammad Nadim Hanif | On 09 Jul 2012

Inclusive National Accounts: Introduction

An outline of what would be ideally needed for a comprehensive set of national accounts is given. National governments and international agencies ought ideally to go even beyond green national accoun...

by Partha Dasgupta | On 22 Jun 2012

What Should Regulation do in the Field of Micro-finance?

Recent events in India have brought a fresh focus on the appropriate regulatory stance towards micro-finance. In this paper, facts and recent experience about Indian microfinance is reviewed. The puz...

by Renuka Sane | On 19 Jun 2012

Price Support, Domestic Procurement Programme and Public Stock Management

This Policy Brief discusses the policy options for improving effectiveness of price support, domestic procurement programme and public stock management in Bangladesh. It has been funded by th...

by Quazi Shahabuddin | On 01 Jun 2012

Asset Price Bubble and Banks: The Case of Japan

This paper analyses the behaviour of the Japanese banks at the outset of the asset price bubble in the late 1980s. The paper argues that with the advent of financial deregulations, the declining trend...

by Hossain Monzur | On 29 May 2012

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

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

An Assessment of Inflation Modelling in India

This study analyses India’s inflation using the Phillips curve theory. To estimate an open-economy Phillips curve, we need three variables: (1) inflation (2) the output gap and (3) the real effective...

by Karan Singh | On 26 Apr 2012

Measuring the Contribution of Bt Cotton Adoption to India’s Cotton Yields Leap

This study examines the contribution of Bt cotton adoption to long- term average cotton yields in India using a panel data analysis of production variables in nine Indian cotton-producing states from...

by Guillaume P Gruere | On 25 Apr 2012

Modeling Optimal Time-Differential Pricing of Electricity Under Uncertainty: Revisiting the Welfare Foundations

Modeling of the seasonal time-of-day pricing is done of electricity for two types of power systems – pure hydro and hydro-thermal under four structural welfare assumptions – first-best, second-best,...

by N. Vijayamohanan Pillai | On 20 Apr 2012

Construction and Seasonal Patterns of Islamic Hijri Calendar Monthly Time Series: An Application to Consumer Price Index (CPI) in Pakistan

Time series data are compiled and analysed in accordance with Gregorian calendar, given its world-wise use. This paper presents a simple method of constructing time series in accordance with Hijri Cal...

by Riaz Riazuddin | 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

Highlights of Madhya Pradesh Budget 2012-13

The salient features of the budget estimates of 2012-13 of Madhya Pradesh. [Ministry of Finance Madhya Pradesh]. URL:[http://www.mp.gov.in/finance/index.htm].

by Madhya Pradesh Government | On 04 Apr 2012

Price and Income Elasticity of Imports: The Case of Pakistan

The paper estimates the elasticity of Imports with respect to relative prices and income for Pakistan from 1971 to 2009. What distinguishes this paper from the earlier studies is the use of robust est...

by Khurram Ashfaq Baluch | On 30 Mar 2012

Budget Speech 2012-13: Goa

Budget speech by Ministry of Finance, Goa. [Budget Speech]. URL:[http://www.goa.gov.in/pdf/Speech12-13.pdf].

by Goa Government | On 28 Mar 2012

Uses and Misuses of Statistics

Statistics is used in our day to day life. Examples are there to show that statistics is misused in many. This can happen when people are information illiterate. [Address at DST-CIMS, BHU on Mar 20, 2...

by Chakrabarty K C | On 27 Mar 2012

Odisha Budget Speech 2012-13

Budget Speech by Shri Prafulla Chandra Ghadai. [Government of Odisha]. URL:[http://www.orissa.gov.in/finance/Budgets/2012-13/BUDGET%20SPEECH%20ENGLISH.pdf].

by Government of Orissa | On 27 Mar 2012

Maharashtra Budget Speech 2012-13: Part I

Budget for the year 2012-13. [Government of Maharashtra]. URL:[http://maharashtra.gov.in/pdf/english_speech_part_I.pdf].

by Maharashtra Government | On 27 Mar 2012

Ethics of Public Health Interventions: A View from the Frontline

Rural people are deprived even of the basic facilities of medical care. Is this ethical? [6th K R Memorial lecture].

by Yogesh Jain | On 16 Mar 2012

Budget Speech 2012-2013: India

Speech of Pranab Mukherjee Minister of Finance, India. [Budget Speech]. URL:[http://indiabudget.nic.in/ub2012-13/bs/bs.pdf].

by Pranab Mukherjee | On 16 Mar 2012

Oil Price Shock, Pass-through Policy and its Impact on India

This paper analyses the impact of transmission of international oil prices and domestic oil price pass-through policy on major macroeconomic variables in India with the help of a macroeconomic policy...

by N R Bhanumurthy | On 16 Mar 2012

The Second Fundamental Theorem of Positive Economics

Welfare Economics is fortunate that there are two Fundamental Theorems of Welfare Economics. Positive Economics on the other hand is seemingly endowed with none. One of the fundamental results of Posi...

by Anjan Mukherji | On 15 Mar 2012

Report on China's Central, Local Budgets (2012)

REPORT ON THE IMPLEMENTATION OF CENTRAL AND LOCAL BUDGETS FOR 2011 AND ON DRAFT CENTRAL AND LOCAL BUDGETS FOR 2012. [Ministry of Finance Report]. URL:[http://www.npc.gov.cn/englishnpc/news/...

by Ministry of Finance China | On 15 Mar 2012

Final Report-Water Security and Climate Change: Challenges and Strategies

The main objectives of this seminar has been to contribute to the understanding of the development processes and problems related to water security and climate change; to focus on studies relating t...

by Gursharan Singh Kainth | On 12 Mar 2012

Report of the Sub-Groups on Child Rights for 12th Five Year Plan

A Working Group on Child Rights was constituted by the Planning Commission to recommend priorities and strategies for children in the 12th Five year Plan 2012-17. Five Sub Groups of the Working group...

by Government of India Ministry of Women and Child Development | On 06 Mar 2012

Subsidizing the National Food Authority: Is It a Good Policy?

National Food Authority's (NFA) twin mandate of price stabilization and food security has cost the government billions of pesos in losses over the past few decades. As such, there is a need to ...

by Senate Economic Planning Office SEPO | On 28 Feb 2012

Review of Macroeconomic Methods and Microeconomic Valuation Methods Applied in the Natural Resources and Environment Sector

The general objective of the paper is to review the different macroeconomic models and microeconomic valuation methods applied in the analysis of the natural resource and enviromnent sector which ar...

by Danilo C Israel | On 27 Feb 2012

Terms of Trade and Its Implications: Bangladesh Perspective

This paper explores the key reasons behind the movements in the terms of trade and the real net gain and loss from trade in the long run. Like some selected Asian countries (Vietnam, China and South...

by Mohammad Masuduzzaman | On 23 Feb 2012

Saving Mumbai

What Mumbai needs as a starting point is a city administration that is accountable to the city's residents, and a directly elected mayor, as in all great cities of the world. [BS Weekend Ruminations]....

by T.N. Ninan | On 22 Feb 2012

Towards a Model for Analyzing the Impact of Macroeconomic Adjustment Policies on Households: A Review of Empirical Household Models in the Philippines

The paper has two objectives, namely: (a) determine and assess how existing empirical household models are able to capture the effects of changes in the macroeconomic variables on the welfare of the...

by Aniceto C. Orbeta Jr. | On 17 Feb 2012

Economics of Mango Cultivation

The paper is based on "Commodity Specific Study on Mango" undertaken by NABARD in the states of Andhra Pradesh, Maharashtra and West Bengal. For the study, A total sample of 186 respondents was sele...

by G.D. Banerjee | On 17 Feb 2012

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

Business and Growth Rate Cycles in India

This paper describes business and growth rate cycles with special reference to the Indian economy. It uses the classical NBER approach to determine the timing of recessions and expansions in the India...

by Pami Dua | On 10 Feb 2012

Agriculture-Nutrition Linkages and Policies in India

This paper looks at some key entry points for agriculture to influence nutrition and suggests policies for nutrition-sensitive agricultural development, within the current policy framework. In additi...

by S.Mahendra Dev | On 07 Feb 2012

The Euro Zone Crisis and its Dimensions and Implications

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

by M R Anand | On 06 Feb 2012

How is Financial Regulation Different for Micro- Finance?

What is the role of financial regulation in the field of micro- finance? This paper identifi es two features of micro- finance which call for unique treatment in policy considerations as compared...

by M Sahoo | On 03 Feb 2012

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

“Reserve Bank of India Post-Policy Conference Call”

RBI Governor D. Subbarao answering to researchers after publishing the monetary policy. [RBI]. URL:[http://rbidocs.rbi.org.in/rdocs/Content/PDFs/RBIRA27012012.pdf]

by Reserve Bank of India RBI | On 30 Jan 2012

Frozen Food Products Marketing and Distribution Challenges in a Developing Country Case Study: Pakistan

The aim of this case study is to understand the challenges the frozen food industry in a developing country like Pakistan has faced in the past, and is facing currently. The study reveals that inste...

by Shehla Riza Arifeen | On 27 Jan 2012

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

Evidence on Changes in Time Varying Volatility around Bonus and Rights Issue Announcements

The short term and long term stock price volatility changes around bonus and rights issue announcements have been examined using historical volatility estimation and time varying volatility approach...

by Madhuri Malhotra | On 24 Jan 2012

Building World Class Businesses for the Long Term

This report identifies some of the factors complicating the debate on role of the company in society. It focuses particularly on the changing models of ownership and differing time horizons and on how...

by Gillian Lee | On 23 Jan 2012

The Assisted Reproductive Technologies (Regulation) Bill & Rules (Draft 2010): A Comment

The Draft Assisted Reproductive Technology Bill and Rules 2010, is the latest draft of following the incorporation of additions and modifications to the Draft Bill 2008. The new Draft was expected to...

by SAMA .. | On 21 Jan 2012

Input Prices, Subsidies and Farmers' Incentives

The paper studies the subsidy policy in Bangladesh. It analyses implications of subsidy policies; both pros and cons and also suggests some possible solutions.

by M Asaduzzaman | On 20 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

Power, Profits and Inflation: A Study of Inflation and Influence in Pakistan

The analysis seeks to look at inflation as a political economic phenomenon, based on a framework devised by Jonathan Nitzan and christened differential accumulation. The theory of differential accumul...

by Syed Ozair Ali | On 05 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

Time for elections

Even though it would be considered politically premature by both the Congress and the BJP – it may be best to think in terms of fresh elections. URL:[http://www.business-standard.com/india/news/t-n-ni...

by T.N. Ninan | On 03 Jan 2012

The Primacy of Public Health Considerations in Defining Poor Quality Medicines

Poor quality essential medicines, both substandard and counterfeit, are serious but neglected public health problems. Anti-infective medicines are particularly afflicted. Unfortunately, attempts...

by Paul N Newton | On 03 Jan 2012

Moving up the Quality ladder? EU-China Trade Dynamics in Clothing

A simple method is applied to study the relative quality of Chinese versus European products exported in the clothing sector after the end of the Multi-Fiber Arrangement. Based on the model of Foste...

by Hylke Vandenbussche | On 03 Jan 2012

Vital Stats: Parliament in 2011

The year in Parliament was characterised by frequent disruptions and protests over a host of issues. The issue of the establishment of a Lokpal prompted both disruption as well as intense debate. A...

by Rohit Kumar | On 02 Jan 2012

The National Food Security Bill, 2011-as introduced in Lok Sabha

A bill to provide for food and nutritional security in human life cycle approach, by ensuring access to adequate quantity of quality food at affordable prices to people to live a life with dignity...

by Lok Sabha | On 30 Dec 2011

The Broken Broker System? Transacting on Agricultural Wholesale Markets in India (Uttarakhand)

The focus is on the central role played by state-regulated commission agents, known as brokers: agents who are widely present in Indian markets to assist sellers in finding buyers through organizing a...

by Bart Minten | On 29 Dec 2011

Consultation Report on Strengthening the Role of Agriculture for a Nutrition Secure India

The Indira Gandhi Institute of Development Research (IGIDR), Mumbai and the International Food Policy Research Institute (IFPRI), New Delhi organized a workshop ‘Strengthening the Role of Agriculture...

by Srijit Mishra | On 27 Dec 2011

Will Neoliberal Policies Resolve Water Sector Dilemmas? Learnings from Maharashtra and Gujarat

This paper examines how the neoliberal policies have influenced the water sector reform policies and interventions in India, particularly, in the states of Maharashtra and Gujarat. In doing so, the...

by Viswanathan P K | On 26 Dec 2011

Root Problem: Labour Laws

Delivering the third Business Standard lecture on Thursday night, Raghuram Rajan provided an interesting insight into the reason for high inflation in India. The professor of finance at Chicago, who i...

by T.N. Ninan | On 23 Dec 2011

Why Full Open Access Matters

Scientific authors who pay to publish their articles in an open-access publication should be congratulated for doing so. They also should be aware that they may not be getting full open access fro...

by Michael W Carroll | On 13 Dec 2011

Comparative Analysis of Inflation in Nepal and India

Inflation data for the past few years (August 2007 to October 2011 of Nepal and August 2007 to July 2011 of India for the analysis of monthly annual variation) have been taken into consideration for...

by Nepal Rastra Bank Research Department NRB | On 12 Dec 2011

A Regulatory Approach to Financial Product Advice and Distribution

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

by M Sahoo | On 08 Dec 2011

'You Want to Win, Don't You?' Need for a Psychological Model of PED Use in Developing Countries

The social, cultural, economic and demographic context of a country need to be integrated with a psychological paradigm for examining PED use especially in developing countries i.e. The models ...

by Kaveri Prakash | On 01 Dec 2011

How to Improve the Fight Against Doping A perspective from the German Sport University and the Institute of Biochemistry

A review of the progress in controlling of doping in sports and the current state of research in the field.

by Parliamentary Research Service PRS | On 01 Dec 2011

Coordination Under Uncertain Conditions: An Analysis of the Fukushima Catastrophe

This paper analyzes the impacts of the 11 March 2011 earthquake and tsunami at the Fukushima nuclear power plant in Japan, which were amplified by a failure of coordination across the plant, corporate...

by Masahiko Aoki | On 03 Nov 2011

Draft National Pharmaceuticals Pricing Policy, 2011 (NPPP 2011)

The Drug Policy, 1994 needed to be revised to  meet  the  challenges  brought  about  by  the  competitive  international  pharmaceutical  industry  in  a  globalised  economic  environment,  as muc...

by Pharmaceuticals Department of | On 02 Nov 2011

Task Force to Explore Options other than Price Control for Achieving the Objective of Making Available Life-saving Drugs at Reasonable Prices

The Task Force was constituted to explore options other than price control for achieving the objective of making available life-saving drugs at reasonable prices. The Task Force recommends that pr...

by Department of Chemicals and Petrochemicals | On 02 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

Does Greater Autonomy Improve Performance? Evidence from Water Service Providers in Indian Cities?

The efficiency of urban water supply in 27 Indian cities are analyzed using data envelopment analysis (DEA). Cities are grouped by the management structure of their water utilities. Utilities with g...

by Shreekant Gupta | On 24 Oct 2011

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

Report of the Expert Group to Review the Methodology for Estimation of Poverty

There has been a growing concern on the official estimates of poverty released by the Planning commission. The official poverty estimates have been severely criticised on various counts. In view of...

by Planning Commission | On 21 Oct 2011

Recent Global Crisis and the Demand for Gold by Central Banks: An Analytical Perspective

When India purchased 200 tonnes of gold under the International Monetary Fund's limited gold sales programme, it was interpreted inter alia that it may further inflate the gold price when the price...

by Karunagaran A | On 17 Oct 2011

An Economic Policy and Legal Analysis of The Micro Finance Institutions (Development & Regulation) Bill, 2011

In response to the Second Micro Finance Crisis in Andhra Pradesh, which took place in October 2010, the Ministry of Finance has pro- posed a new Micro Finance Institutions (Development & Regulation) ...

by Shubho Roy | On 17 Oct 2011

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

Why Drug Safety Should Not Take a Back Seat to Efficacy

It is argued that methodological challenges in monitoring the safety of prescription medications should not mean that drug safety be considered less important a topic of study than efficacy. It is als...

by PLoS Medicine Editors | On 04 Oct 2011

Draft Mines and Minerals (Development and Regulation) Bill, 2011

A bill to consolidate and amend the law relating to the scientific development and regulation of mines and minerals under the control of the Union. URL:[http://pib.nic.in/archieve/others/2011/sep/d2...

by Ministry of Mines GOI | On 03 Oct 2011

Understanding Inflation and Controlling It

Inflation management is one of the hardest tasks an economic policymaker has to undertake. It appears, at first sight, that one can rely entirely on commonsense to carry out this task. But that will b...

by Kaushik Basu | On 28 Sep 2011

Monetary Policy Dilemmas: Some RBI Perspectives

Over the last decade, the profile of central banks has gone up. First, we had the Great Moderation - a period of extraordinary benign macroeconomic environment globally, characterized by steady growth...

by Duvvuri Subbarao | On 27 Sep 2011

Civil Service and Military Pensions in India

The New Pension System in India and the progress that has been made since its introduction in 2004 is described. It then identifies the challenges ahead. It also documents the state of military pens...

by Renuka Sane | On 26 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

The National Food Security Bill, 2011

A Bill to provide for food and nutritional security, in human life cycle approach, by ensuring access to adequate quantity of quality food at affordable prices, for people to live a life with dign...

by Department of Food and Public Distribution Fcamin | On 14 Sep 2011

The Land Acquisition Bill: A Critique and a Proposal

The new Bill on land acquisition recently tabled in Parliament is well intentioned but seriously flawed. Its principal defect is that it attaches an arbitrary mark-up to the historical market price to...

by Maitreesh Ghatak | On 12 Sep 2011

Slower Growth in China: How Much of a Drag on the Global Economy?

China’s expected growth slowdown - from 10.3 per cent yoy in 2010 to 8.9 per cent this year and 8.3 per cent in 2012 - will impact the global economy. An in-depth look at how important China really is...

by Steffen Dyck | On 09 Sep 2011

Fertility Regulation in an Economic Crisis

Substantial international aid is spent reducing the cost of contraception in developing countries, as part of a larger effort to reduce global fertility and increase investment per child worldwide....

by Christopher McKelvey | On 09 Sep 2011

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

The Price and Trade Effects of Strict Information Requirements for Genetically Modified Commodities under the Cartagena Protocol on Biosafety

This paper assesses the global economic implications of the proposed strict documentation requirements on traded shipments of potentially genetically modified (GM) commodities under the Cartagena Prot...

by Antoine Bouët | On 31 Aug 2011

Working Group on the Issues and Concerns in the NBFC Sector: Report and Recommendations

The Working Group was constituted to review the existing regulatory and supervisory framework of non-banking finance companies (NBFCs) with special focus on the risks in the sector. The approach adopt...

by Reserve Bank of India RBI | On 30 Aug 2011

Market Dynamics in Supply Chains: The Impact of Globalisation and Consolidation on Food Companie's Mark-ups

This paper examines whether ownership and increased competitive pressure affect food retailers’ market power, analysing whether all actors involved in the food supply chain deviate from the pricing be...

by Eleni A Kaditi | On 29 Aug 2011

Policy Dilemmas in India: The Impact of Changes in Agricultural Prices on Rural and Urban Poverty

Trade policy reforms which lead to changes in world prices of agricultural commodities or domestic policies aimed at affecting agricultural prices are often seen as causing a policy dilemma: a fall...

by Sandra Polaski | On 26 Aug 2011

Household Out-Of-Pocket Healthcare Expenditure in India: Levels, Patterns and Policy Concerns

This paper uses the most recent wave of Consumer Expenditure Survey 2004-05 to examine the distribution of Out of Pocket (OOP) healthcare payments in India. The purpose of the paper is threefold; f...

by William Joe | On 25 Aug 2011

When do Stock Futures Dominate Price Discovery?

Stock futures offer leveraged positions and are expected to attract informed traders. Many researchers have found that the information share of the stock futures is surprisingly small; the equity sp...

by Jeffrey Vincent | On 24 Aug 2011

The Controversial Vaccine Is HPV a Public Health Concern?

The HPV vaccine is being proposed as a mandatory measure to be introduced in the public system to control the spread of cervix of the cancer. The pros and cons of the proposal.

by Gopal Dabade | On 24 Aug 2011

The Juvenile Justice (Care and Protection of Children) Amendment Bill, 2010

A bill further to amend the Juvenile Justice (Care and Protection of Children) Act, 2000. [Rajya Sabha passed this bill]. URL:[http://www.prsindia.org/uploads/media/Juvenile%20Justice/juvenile%20jus...

by Parliamentary Research Service PRS | On 23 Aug 2011

Risks, Farmers’ Suicides and Agrarian Crisis in India: Is There A Way Out?

Poor returns to cultivation and absence of non-farm opportunities are indicative of the larger socio-economic malaise in rural India. This is accentuated by the multiple risks that the farmer faces...

by Srijit Mishra | On 23 Aug 2011

Treatment of Valuables as Capital Formation in India: Some Issues and Perspectives

As per UNSNA recommendations, valuables as a separate item had been introduced in the expenditure side of GDP. Since India is one of largest importer and user of gold for various purposes, this trea...

by Rakesh Kumar | On 04 Aug 2011

Food Quality in Domestic Markets of Developing Economies: A Comparative Study of two Countries

Food quality has become an important determinant of success in global food trade and growers for international markets have to continuously adjust to buyers’ requirements. It is however not clear to w...

by Anneleen Vandeplas | On 03 Aug 2011

Demand for Fertiliser in India: Determinants and Outlook for 2020

The paper begins with an overview of fertiliser consumption trends and then identifies important determinants of fertiliser demand and develops projects demand scenarios for fertilisers in India in 20...

by Vijay Paul Sharma | On 29 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

Environmental Regulations, Air and Water Pollution, and Infant Mortality in India

Using the most comprehensive data file ever compiled on air pollution, water pollution, environmental regulations, and infant mortality from a developing country, the paper examines the effectivenes...

by Michael Greenstone | On 11 Jul 2011

A Framework for Developing a Research Agenda for Diseases Disproportionately Affecting the Poor:The Cases of Malaria, Diabetes, Rotavirus

In this paper three diseases- malaria,diabetes and rotavirus- selected because of their contrast. The paper examines the severity of their presence in developing countries and suggests viable solution...

by Alyna C Smith | On 07 Jul 2011

Barriers to Household Risk Management: Evidence from India

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

by Shawn Cole | On 06 Jul 2011

Domestic Wheat Price Formation and Food Inflation in India: International Prices, Domestic Drivers (Stocks, Weather, Public Policy), and the Efficacy of Public Policy Interventions in Wheat Markets

This paper gives information on global wheat market developments, price transmission and impacts on Indian domestic markets, as well as an assessment of public policies to manage domestic prices. This...

by Dipak Dasgupta | On 06 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

Medical Students' Exposure to and Attitudes about the Pharmaceutical Industry: A Systematic Review

The relationship between health professionals and the pharmaceutical industry has become a source of controversy. Physicians’ attitudes towards the industry can form early in their careers, but littl...

by Kirsten E Austad | On 22 Jun 2011

India - Reforming Farm Support Policies for Grains

The objective of this study is to analyze some of the recent reforms proposed in the operation of government buffer stocks and provision of price support to wheat and rice farmers in India. Based o...

by Shikha Jha | On 17 Jun 2011

Tank Degradation and Poverty Reduction-The Importance of Common Property Resources in Sustaining the Rural Poor

This study reveals the importance of tank irrigation in the lives of poor households and suggests that the poor may bear the bulk of burden from tank deterioration. Tank-based agricultural income make...

by R. Balasubramaniam | On 16 Jun 2011

Closure for the Sraffa System: A Theory of Value, Distribution and Growth

The purpose of this paper is to pursue the implications of closing, in the sense of rendering determinate, the Sraffa equations of production, prices and distribution [Sraffa (1960)] by adding to th...

by Rajas Parchure | On 01 Jun 2011

Tank Degradation and Poverty Reduction-The Importance of Common Property Resources in Sustaining the Rural Poor

This study reveals the importance of tank irrigation in the lives of poor households and suggests that the poor may bear the bulk of the burden from tank deterioration. Tank-based agricultural income...

by South Asian Network for Development and Environmen Economics | On 19 May 2011

Moving to Goods and Services Tax in India: Impact on India’s Growth and International Trade

The broad objectives of this study refer to analysing the impact of introducing comprehensive goods and services tax (GST) on economic growth and international trade; changes in rewards to the fac...

by National Council of Applied Economic Research | On 19 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

Report of the Task Force on Plantations Sector

Today there is no credible alternative facility available to a grower to meet the risks of price movements and the art of price risk management is unknown to the small growers. (In this entire report,...

by Ministry of Commerce and Industry GOI | On 02 May 2011

Deregulation of Savings Bank Deposit Interest Rate: A Discussion Paper

The paper is an attempt to deal with pros and cons of deregulating savings deposit interest rate and take on board the suggestions of various stakeholders for either maintaining the status quo or dere...

by Reserve Bank of India RBI | On 02 May 2011

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

Ramadan Effect on Price Movements: Evidence from Pakistan

This paper attempts to verify the widespread perception that general price level tends to rise due to the month of Ramadan in Pakistan. For this purpose, the ARIMA methodology (simple and extended f...

by Muhammad Akmal | On 19 Apr 2011

A Policy Reponse to the Indian Micro-finance Crisis

Recent events in India have brought a fresh focus upon the problem of regulation in the field of micro-finance. This paper delineates the three distinct aspects where government needs to play a role...

by Renuka Sane | On 13 Apr 2011

Liquidity Considerations in Estimating Implied Volatility

Some option series in the market are far less liquid than others. Market illiquidity can reduce the informativeness of option prices. In this paper, an alternative schemes are proposed to estimate im...

by Rohini Grover | On 09 Apr 2011

The Banking Laws (Amendment) Bill, 2011

A BILL further to amend the Banking Regulation Act, 1949, the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970 and the Banking Companies (Acquisition and Transfer of Undertak...

by Parliamentary Research Service PRS | On 23 Mar 2011

Where are Food Prices Heading?

This paper aims to review the main considerations around food price movements. It includes a discussion on the impact of speculation. URL:[https://www.dbresearch.com/PROD/DBR_INTERNET_EN-PROD/PROD00...

by Claire Schaffnit Chatterjee | On 16 Mar 2011

Fuel Demand Elasticities for Energy and Environmental Policies Indian Sample Survey Evidence

India has been running large-scale interventions in the energy sector over the last decades. Still, there is a dearth of reliable and readily available price and income elasticities of demand to bas...

by Haripriya Gundimeda | On 14 Mar 2011

Innovation in India and China: Challenges and Prospects in Pharmaceuticals and Biotechnology

India and China are important players in an evolving process of globalization of research and development (R&D). Focusing on pharmaceuticals and biotechnology industries, this paper analyses the ch...

by Jayan Jose Thomas | 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

Acreage and Yield Response for Major Crops in the Pre- and Post-Reform Periods in India: A Dynamic Panel Data Approach

Supply response to price changes is likely to increase with the increasing liberalization of the agricultural sector in India. Past studies revealed a weak supply response for Indian agriculture. No...

by G. Mythili | On 21 Feb 2011

Macroeconomic Forecasting using Dynamic Factor Models

This study attempts to develop a dynamic factor model (DFM) to forecast industrial production and price level in India. For this purpose, domestic as well as external economic indicators, that appea...

by Sanjib Bordoloi | On 21 Feb 2011

Are Housing Prices Rising Too Fast in China?

Sharp increase in house prices combined with the extraordinary lending growth in Mainland China during 2009 has led to concerns of an emerging real estate bubble. We find that, for China as a whole...

by Ashvin Ahuja | On 19 Feb 2011

Central Bank Lessons from the Global Crisis

Nine preliminary lessons from the Great Recession for monetary and financial policies are presented. [3rd P. R. Brahmananda Memorial Lecture].

by Stanley Fischer | On 18 Feb 2011

Informal Regulation of Pollution in a Developing Country

Recent literature has not only recognized the implementation limitations of formal regulation, but also appreciated the significance of informal regulation for achieving environmental goals for develo...

by Vinish Kathuria | On 18 Feb 2011

Kerala Budget 2011-12

The Minister for Finance, Dr. T. M. Thomas Issac presented the Budget for the financial year 2011-2012.

by Government of Kerala Govt | On 14 Feb 2011

Asymmetric Shocks and Co-movement of Price Indices

This paper is an attempt to gauge the relationship between the long run paths of consumer price index and wholesale price index of Pakistan. For the empirical analysis the Johansen cointegration tec...

by Nasir Hamid Rao | On 07 Feb 2011

Rising Food Crisis and Financial Crisis in India:Impact on Women and Children and Ways of Tackling the Problem

The objective of the study is to examine the impact of rising food prices and financial crisis on the impact of women and children in India. It identifies the pathways for dealing with the effects of...

by S. Mahendra Dev | On 31 Jan 2011

Consultation Paper on Encouraging Telecom Equipment Manufacturing in India

How the telecom manufacturing value chain needs to be altered to benefit the Indian telecom industry and the country and what needs to be done to make India a telecom manufacturing powerhouse.

by Telecom Regulatory Authority of India TRAI | On 27 Jan 2011

Rethinking the Informal Economy: Linkages with the Formal Economy and the Formal Regulatory Environment

This paper explores the relationship of the informal economy to the formal economy and to the formal regulatory environment. It begins with a comparison of the earlier concept of the ‘informal sec...

by | On 18 Jan 2011

Rethinking Food Security Strategy: Self-sufficiency or Self-reliance

This Policy Brief discusses whether Bangladesh should continue to pursue a national food security strategy based on self-reliance or return to its earlier policy of food self-sufficiency through ...

by Uttam Kumar Deb | On 17 Jan 2011

The Race Against Drug Resistance

The Center for Global Development’s Drug Resistance Working Group urges pharmaceutical companies, governments, donors, global health institutions, health providers, and patients to collectively and...

by Rachel Nugent | On 10 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

Microcredit Programmes: Who Participates And To That Extent?

Land ceilings, occupational criteria and asset valuations are commonly used for targeting purposes by credit agencies aiming to direct resources to the rural poor. However a mixture of demand and sup...

by Hassan Zaman | On 28 Dec 2010

A Technical Paper on “Inflation Indexed Bonds (IIBs)"

This technical paper sets out the benefits and downsides of issuing IIBs along with explaining its structure comprising of indexation (principal or interest), inflation index lag, issuance method, met...

by Reserve Bank of India | On 17 Dec 2010

The Future of Financial Liberalization in South Asia

The paper defines financial liberalization, distinguishing between liberalization of domestic financial markets and capital account convertibility. It then examines the stages and the strategy of Ind...

by Ashima Goyal | On 14 Dec 2010

Venture Capital and Micro-finance Instituted Business Plan for a School Edupreneur

The report is a study of possibilities for the institutionally disabled entrepreneurs to raise capital from private players like venture capitalists and micro-finance institutions.

by Mallika Chawla | On 13 Dec 2010

Five Years of NRHM 2005-2010

Health is a State subject and the Government of India has always tried to work in partnership with states to meet people's needs. As the report will indicate, it is through this partnership with const...

by Ministry of Health and Family Welfare H & FW | On 08 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

Partnerships with the Private Sector in Health: What the International Community Can Do to Strengthen Health Systems in Developing Countries

The private sector plays a significant role in delivering health care to people in developing countries. By some estimates, more than one-half of all health care—even to the poorest people—is provided...

by (Centre for Global Development) Advisory Faculty | On 26 Nov 2010

Does Aid Mitigate External Shocks?

This paper investigates the role of aid in mitigating the adverse effects of commodity export price shocks on growth in commodity-dependent countries. Using a large cross- country dataset, they fin...

by Paul Collier | On 25 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

Understanding NREGA: A Simple Theory and Some Facts

A developing economy like India is often characterised by a labour market with demand and supply of labour and a wage that even if competitively determined may not be adequate for the poor household t...

by Diganta Mukherjee | On 29 Oct 2010

Drug Companies Should Be Held More Accountable for Their Human Rights Responsibilities

The PLoS Medicine Editors argue that drug companies should be held much more accountable for their human rights responsibilities

by PLoS Medicine | On 20 Oct 2010

Regional Monitoring of Capital Flows and Coordination of Financial Regulation: Stakes and Options for Asia

The ongoing global economic crisis has punished Asian economies severely, despite the fact that its origins derive from outside the region. The global economic crisis was transmitted through real and...

by Michael G. Plummer | On 11 Oct 2010

Towards an Economic Approach to Sustainable Forest Development

The present paper looks at the various dimensions of contributions by forests in the context of the Indian economy. Based on a detailed review of literature on importance and valuation of forests, s...

by Archana S Mathur | On 08 Oct 2010

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

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

by P. Mohanan Pillai | On 08 Oct 2010

Asian Property Markets: No Significant Bubbles-Yet!

After house price bubbles burst in many OECD countries, investors are keeping a very watchful eye for price developments on asset markets that signal a bubble.

by Steffen Dyck | On 08 Oct 2010

Determinants of Firm-level Export Performance: A Case Study of Indian Textile Garments and Apparel Industry

A major reform process in the Indian economic policy regime away from a four- decade-long inward orientation has been under way since July 1991 in response to a serious macro-economic crisis. The n...

by T.A. Bhavani | On 05 Oct 2010

Commodity Taxation and Social Welfare : The Generalised Ramsey Rule

Commodity taxes have three distinct roles: (1) revenue collection, (2) interpersonal redistribution, and (3) resource allocation. The paper presents an integrated treatment of these three concerns...

by David Coady | On 01 Oct 2010

GATS : Domestic Regulations versus Market Access

The paper highlights the dilemma faced by developing countries in balancing market access rights with the need to regulate service providers, in light of the ongoing negotiations under Article VI:4 of...

by Suparna Karmakar | On 24 Sep 2010

Extending Labour Inspections to the Informal Sector and Agriculture

Labour inspections could, in theory, improve labour standards and help countries move towards decent work goals and the elimination of chronic poverty. But, in practice, inspections are either not con...

by Priya Deshingkar | On 21 Sep 2010

Markets, Institutions and Efficiency: Ground Water Irrigation in North India

This paper analyzes the institutions and markets that govern groundwater allocation in the sugarcane belt of Uttar Pradesh, India, using primary, plot-level data from a village which shares the typic...

by A. Banerji | On 14 Sep 2010

Entry Threats and Inefficiency in ‘Efficient Bargaining’

Whether the outcome of bargaining over wage and employment between an incumbent firm and a union remains efficient under entry threat is examined. The workers\' reservation wage is not known to the ...

by Rupayan Pal | On 10 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

Fertilizer Subsidy in India: Who are the Beneficiaries?

Agricultural subsidies that encourage production and productivity have been widely criticized because of the cost of subsidies and they are perceived to be far from uniformly distributed. There is a...

by Vijay Paul Sharma | On 27 Aug 2010

Leveraging the Integration of Sales Career Cycle with Brand Life Cycle in Indian Pharmaceutical Firms

Indian pharmaceutical sector is currently witnessing faster introduction of new drugs, with shorter life cycles, given the intense competition. Often, pharma companies fail to strategically align th...

by Basant Kumar Purohit | On 02 Aug 2010

Competition and Collusion in Grain Markets: Basmati Auctions in North India

Many small wholesale grain markets in India are characterized by large numbers of sellers and a relatively small number of buyers, thereby lending the price formation process open to manipulation th...

by J.V. Meenakshi | On 26 Jul 2010

Radio drug advertisement situation and regulation in Thailand

Drug consumption in Thailand is high in comparison with other countries. A key factor influencing this over consumption is advertising. Radio is the media that can easily reach a lot of people, in...

by Tanattha Kittisopee | On 23 Jul 2010

Indian takeover regulation – under reformed and over modified

The takeover of substantial number of shares, voting rights or control in a listed Indian company attracts the provision of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations 1997. T...

by Sandeep Parekh | On 14 Jul 2010

Bridging the Gap: Improving Clinical Development and the Regulatory Pathways for Health Products for Neglected Diseases

There has been tremendous progress over the last decade in the development of health products for neglected diseases. These include drugs, vaccines, and diagnostics for malaria and tuberculosis, whi...

by Thomas J. Bollyky | On 08 Jul 2010

Fiscal Responsibility and Budget Management Bill 2000

The paper provides information about the Fiscal Responsibility and Budget Management Bill and also discuses some issues related to this bill.

by Shruti Rajagopalan | On 06 Jul 2010

How Would an Appreciation of the Yuan Affect the People's Republic of China's Surplus in Processing Trade?

Enormous trade surpluses are problematic for the People’s Republic of China (PRC) and the rest of the world. They primarily stem from processing trade. This paper investigates how exchange rate ch...

by Willem Thorbecke | On 30 Jun 2010

Call Auctions: A Solution to Some Difficulties in Indian Finance

Call auctions represent an alternative strategy, where the order ow over a certain time period is pooled, and the market-clearing price obtained through an aggregated supply and demand curve. Cal...

by Susan Thomas | On 22 Jun 2010

Auto Rickshaw Regulation In Vadodara A Reality Check

This paper makes a reality check regulation of auto rickshaw regulation in Vadodara.[Working Paper No.0065].

by Nimisha Srivastava | On 22 Jun 2010

Less Smoke, More Mirrors: Where India Really Stands on Solar Power and Other Renewables

Until recently, India’s intransigent negotiating posture has conveyed the impression that it will not accept any carbon emissions limits without full compensation and more stringent carbon limitation...

by David Wheeler | On 20 May 2010

Energy Intensity of Indian Manufacturing Firms: Effect of Energy Prices, Technology and Firm Characteristics

The paper examines the factors that influence energy intensity in Indian industries. It has two parts. In the first part, trends in energy intensity are analysis and cross-industry panel data (taken...

by Bishwanath Goldar | On 13 May 2010

OTC Derivatives Market in India: Recent Regulatory Initiatives and Open Issues for Market Stability and Development

The paper seeks to prove the point that the Indian OTC derivatives markets, unlike many other jurisdictions, are well regulated. Only contracts where one party to the contract is an RBI regulated e...

by Dayanand Arora | On 03 May 2010

Household Out-Of-Pocket Healthcare Expenditure in India: Levels, Patterns and Policy Concerns

This paper uses the most recent wave of Consumer Expenditure Survey 2004-05 to examine the distribution of Out of Pocket (OOP) healthcare payments in India. [WP 418].

by Udaya S. Mishra | On 08 Mar 2010

Negotiating the Terms of A New Social Contract: Private Companies, Civil Society and the State in India

A detailed analysis of the stakes and dynamics at play in the public, civil and self-regulation of companies in India is offered. With the rapid growth and modernization of the country as the backdro...

by Damien Krichewsky | On 02 Feb 2010

Third Quarter Review of Monetary Policy 2009-10

The Reserve Bank has pursued an accommodative monetary policy beginning mid-September 2008 in order to mitigate the adverse impact of the global financial crisis on the Indian economy. The measures ta...

by D Subbarao | On 29 Jan 2010

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

Bihar’s Miraculous Economic Performance: Myth or Reality?

The Indian media has wrongly compared Bihar's (that is, 11.03per cent) average annual growth during the period 2004-05 to 2008-09 with that of Gujarat (that is, 11.05per cent). While the media has quo...

by Shambhu Ghatak | On 14 Jan 2010

Non-Tariff Measures Affecting India’s Textiles and Clothing Exports: Findings from the Survey of Exporters

This paper reports findings from the survey of India’s textiles and clothing exporters. The survey method has been used to identify and assess the impact of Non-Tariff Measures (NTMs) and the Cost of...

by Gordhan K Saini | On 11 Dec 2009

The Limits of Intellectual Property Rights: Lessons from the Spread of Illegal Transgenic Cotton Seeds in India

This paper examines these difficulties of regulation in the context of spread of unapproved transgenic Bt cotton seeds in India. This paper also examines the impact of the cultivation of approved and...

by Bharat Ramaswami | On 08 Dec 2009

Statistical Trends in Pharmaceutical Research for Poor Countries

Introducing patent rights in developing country markets might stimulate greater R and D investment targeting their specific health needs – areas long neglected. This paper examines this argument using...

by Jean O Lanjouw | On 26 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

Institutional and Economic Perspectives on Government Capacity to Assume New Roles in the Health Sector: a Review of Experience

This review paper provides the background to research that will take place in four country case-studies to examine these issues. A key focus of this paper concerns government's capacity to fulfil the...

by Sara Bennett | On 09 Nov 2009

Delegation and Emission Tax in a Differentiated Oligopoly

How product differentiation as well as strategic managerial delegation affects optimal emission tax rate, environmental damage and social welfare, under alternative modes of product market competiti...

by Rupayan Pal | On 04 Nov 2009

Drug Regulation and Incentives for Innovation: The Case of ASEAN

The focus of this paper is to examine the ways in which regulatory framework affect the pharmaeutical innovations in developing countries using member countries of the Association of South-east Asian...

by Sauwakon Ratanawijitrasin | On 16 Oct 2009

Emerging Market Concerns: An Indian Perspective

From the perspective of Emerging Market Economies (EMEs) and particularly for that of India, five concerns are expressed. These are: first, timing of exit from the accommodative monetary policy in the...

by D Subbarao | On 15 Oct 2009

Coping with Rising Food Prices: Policy Dilemmas in the Developing World

Rising food prices cause considerable policy dilemmas for developing country governments. Letting domestic prices adjust to reflect the full change in international prices generates inflationary pres...

by Nora Lustig | On 09 Oct 2009

Note on the Maharashtra Government Resolution, April 2006

The Child Labour (Prohibition and Regulation) Act was passed in 1986. It banned Child Labour from a list of hazardous industries, and over the next 25 years, continued to add sectors and tasks to the...

by Child Rights and You CRY | On 07 Oct 2009

Doha Declaration and Compulsory License for Access to Medicines

The Doha Declaration provides for access to medicines particularly by simplifying the compulsory licensing (CL) clause. This paper tries to provide a comprehensive review of the working of CL in the d...

by Lalitha N | On 21 Sep 2009

End of the Recession

The best economic news of the past two years can be that the worst recession in 80 years may be over.

by T.N. Ninan | On 31 Aug 2009

Analyzing Industrial Water Demand in India: An Input Distance Function Approach

This study investigates the water demand of Indian manufacturing plants. It adopts an input distance function approach and approximates it by a translog form. Duality between cost function and input d...

by Surender Kumar | On 17 Aug 2009

Reforming Foodgrains Management: Achieving Food Security with Cost-Effectiveness

This paper examines the efficacy of the current system of public foodgrains management and policies in promoting food security in the country. It argues that the system has outlived its usefulness,...

by A. Ganesh Kumar | On 13 Aug 2009

Peasant Classes, Farm Incomes and Rural Indebtedness: An Analysis of Household Production Data from Two States

The paper attempts to appraise the extent of the constraint of credit relations on agricultural production and its differential impact across peasant classes. Additionally, the analysis of the structu...

by Arindam Banerjee | On 04 Aug 2009

R&D for Development of New Drugs for Neglected Diseases How Can India Contribte?

The focus of this paper is India. In line with TRIPS India has introduced a product patent regime in pharmaceuticals from 1 January, 2005. WIll this lead increase in resources deveoted to R and D by I...

by Sudip Chaudhuri | On 31 Jul 2009

The Sraffa System for Continuous Industrial Production

This paper articulates a model of industrial production in which technologies are of continuous-input continuous output-type. It is shown that the model nevertheless has all the essential properties...

by Rajas Parchure | On 31 Jul 2009

Global Financial Architecture: Past and Present Arguments, Advice, Action

In the context of the formation of G-20, the paper points out the absence of reform in the global financial architecture (GFA) after the East Asian crisis, and assesses factors that can improve the ch...

by Ashima Goyal | On 15 Jul 2009

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

Transmission of International Commodity Prices to Domestic Prices in Bangladesh

In recent years, Bangladesh has experienced persistent price increases, especially of food items, in the domestic market in the backdrop of global increase in food prices. Such price developments in t...

by M. Golam Mortaza | On 22 Jun 2009

Drug Regulation in the Philippines

Access to essential drugs is vital for the promotion of better health for the entire population. High prices of drugs are being used as an argument for greater government role in the drugs sector thro...

by Allan Grand A. Sobrepeña | On 16 Jun 2009

Technical Note on Employment for the Eleventh Five Year Plan (2007 – 2012)

This 'Technical Note on Employment for the Eleventh Five Year Plan' presents the quantitative basis for determining the targets and projections on employment, and the related variables given in the El...

by Planning Commission Labour, Employment & Manpower Division | On 06 Jun 2009

Regulation of Organ Transplantation in Thailand: Does it Work?

End stage organ failure is very distressing condition. Initially, there was only palliativetreatment for end stage organ failure such as hemodialysis or peritoneal dialysis. Later on, the advancement...

by Viroj Tangcharoensathien | On 04 Jun 2009

An inquiry into the regulation of pharmaceuticals and medical practice in Sri Lanka

The study brings out several organizational, social, cultural and political constraints, which hinder effective implementation of regulations. Lack of human resources and skills, poor allocations, del...

by Nimal Attanayake | On 04 Jun 2009

An Assessment of the Impacts of Floods on Sanitation in Rural Bangladesh

Bangladesh faces multiple challenges in the sanitation, hygiene and water sector. This study aims to review the damage to sanitation facilities during floods. It also explored the possibilities of ove...

by Shamim Ahmed | On 03 Jun 2009

Conceptualising Informality: Regulation and Enforcement

The informality discourse is large and vibrant, and is expanding rapidly. But there is a certain conceptual incoherence to the literature. New definitions of informality compete with old definitions l...

by Ravi Kanbur | On 02 Jun 2009

Aids In India

This paper revolves around the Public health related aspects of industrial and intellectual property rights policies in a developing country with respect to Aids in India. It also focusses on its prev...

by Samira Guennif | On 22 May 2009

Summary of the Welcome Remarks by Dr.Bimal Jalan, Governor, at the 11th C.D. Deshmukh Memorial Lecture

Dr. Bimal Jalan, Governor gave a welcome remark to Prof. Charles Goodhart on his 11th C. D. Deshmukh Memorial Lecture on 'Whither Central Banking ?' This paper revolves around Dr. Jalan's summary and...

by Dr Bimal Jalan | On 21 May 2009

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

Economic and Social Survey of Asia and the Pacific 2008: Addresing Triple Threats to Development

In 2008, three global crises converged to threaten development in the Asia-Pacific region, bringing to the fore particularly testing challenges for policymakers – a Great Recession in developed coun...

by Economic and Social Commission for Asia Pacific ESCAP | On 16 May 2009

No Through Road: The Limitations of Food Miles

The focus of this paper is on food miles issues associated with the import of products from developing countries. As the concept of food miles has been an issue in organic agriculture since before the...

by Els Wynen | On 14 May 2009

Technology Adoption in a Differentiated Duopoly: Cournot versus Bertrand

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

by Rupayan Pal | On 14 May 2009

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

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

by Lalitha N | On 14 May 2009

Global Burden of Disease Measures for Depression - Time for a Rethink

This paper reassesses the nature of the epidemiological evidence underpinning one of the Global Burden of Disease topics: the estimate for the global burden of depression. Specifically, we look at the...

by Petra Brhlikova | On 14 May 2009

Labour Management: Oxytocin in the context of the Millennium Development Goals

The appropriate use of oxytocin, one of the drugs on which is the focus in the ‘Tracing Pharmaceuticals’ project, is directly linked to Millennium Development Goals 4 and 5 (relating to child mortali...

by Patricia Jeffrey | On 14 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

AIDAN Policy Brief: Drug Prices and Affordability

India has a booming drug industry and has contributed to making generics at low prices worldwide. But medicines within India are overpriced and unaffordable. Price regulation of medicines is a key pub...

by All India Drug Action Forum AIDAN | On 25 Apr 2009

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

This paper details the procedures adopted by the Tamil Nadu Medical Services Corporation in procuring and supplying essential drugs to the government health care which is a positive measure in ensurin...

by Lalitha N | On 22 Apr 2009

India – 1947-79 Six Parliaments and Democratic Rights

Communal riots have become an annual feature of Indian life, although their number varies from year to year. A situation has come to pacs where maddening communal violence, arbitrary actions of exe...

by People's Union for Democratic Rights PUDR | On 16 Apr 2009

Commit to Reduction in Prices of Medicines

Press Release at press conference on April 10, 2009 at New Delhi. AIDAN appeals to Political Parties Contesting Elections arguing that it is the one thing that will contribute to the lowering of...

by All India Drug Action Forum AIDAN | On 13 Apr 2009

Trade in Energy Services: GATS and India

India’s opportunities and constraints to trade in energy services within the GATS framework are examined. The study found that India has the capability of exporting high-skilled manpower at competit...

by Arpita Mukherjee | On 25 Feb 2009

Science Commons: Towards Free and Open Knowledge Systems

The free/open source software movement is an economic, social and political movement that has triggered a new recognition of the importance of open knowledge systems, especially in developing countrie...

by Shambhu Ghatak | On 06 Feb 2009

Consultation Paper on Review of Interconnection Usage Charge (IUC)

Written comments on the issues raised for consultation may please be furnished to Principal Advisor (FN), TRAI by 30th January, 2009. The comments may be sent in writing and also preferably be sent in...

by Telecom Regulatory Authority of India TRAI | On 08 Jan 2009

Through a Glass Darkly: Deciphering the Impact of Oil Price Shocks

In order to examine if the impact of oil price shocks depends on the structure of an economy, a vertical (VSC) and a horizontal (HSC) long-run supply curve identification are successively imposed on a...

by Ashima Goyal | On 05 Jan 2009

Employment Growth in Rural India: Distress Driven?

The 61st round of NSS shows that there is a turnaround in employment growth in rural India after a phase of ‘jobless growth’. Paradoxically, this employment growth occurred during a period of wide ...

by Vinoj Abraham | On 05 Jan 2009

Mitigating Carbon Emission through Economic Instruments: An Indian Perspective

The paper has two objectives. One, to analyse the pattern of energy usage in India and the implications thereof for carbon emission; two, to examine whether pricing and taxation policies have any ro...

by Samantak Das | On 24 Dec 2008

Micro and Small Enterprises During Reforms: Policy and Concerns

This paper addresses some key policy issues relating to the micro and small enterprises in India during the reforms period. A close look into the definitional changes in terms of the criterion of inve...

by Keshab Das | On 16 Dec 2008

Inda's Pharmaceutical Industry on Course for Globalisation

The pharmaceutical industry is expanding worldwide. For some years now, it has been benefiting from the particular dynamics of the Asian economies as both purchasers and producers. It is not only the...

by Uwe Perlitz | On 12 Dec 2008

Consultation Paper on Quality of Service Issues for Cable TV Services in Non-CAS Areas and DTH Services

This consultation paper attempts to solicit the views of stakeholders on the issues involving quality of service aspects of cable television service in non-CAS area. Additionally, some new quality of...

by Telecom Regulatory Authority of India TRAI | On 08 Dec 2008

Global and Regional Shocks: Challenges to Asian

Two major economic problems are currently shadowing Asian economies. On the one hand, the slowdown in the US economy, ignited by the subprime mortgage crisis, may not be confined to the US region...

by Kwanho Shin | On 05 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

Doping

You may have heard the word doping used in sporting circles and in the media. While some of what you know about doping might be true, it is important to know the facts.

by UNESCO UNESCO | On 21 Nov 2008

Agflation and the PDS: Some Issues

In the context of the current public policy focus on rising food prices and their implications for food security, this paper examines two major issues raised: (i) Universalization of the public distri...

by Suryanarayana M H | On 04 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

Measuring the Value of Life and Limb: Estimating Compensating Wage Differentials Among Workers in Chennai and Mumbai

Policy makers confronted with the need to introduce health and safty regulations often wonder how to value the benifites of these regulations. One way that a monetory value could be placed on reductio...

by S. Madheswaran | On 06 Oct 2008

Payment and Settlement System in India

The lecture is about the payment system in India, which is an important element of the financial sector infrastructure. The lecture also shows the evolution and objectives of the Indian payment system...

by Leeladhar V | On 25 Sep 2008

Early Warnings of Inflation in India

In India, year-on-year percentage changes of price indexes are widely used as the measure of inflation. In terms of monthly data, each observation of a one-year change in inflation is the sum of twelv...

by Rudrani Bhattacharya | On 25 Sep 2008

A New Era of World Hunger?- The Global Food Crisis Analyzed

This paper is an account of the main streams discussed in an international conference, held in New York in April 2008, organized by the Friedrich Ebert Foundation and Global Policy Forum, which cons...

by James A. Paul | On 24 Sep 2008

Protocol on Prevention,Rescue, Repatriation and Rehabilitation of Trafficked & Migrant Child Labour

The draft protocol provides practical guidelines to key stakeholders on crucial issues relating to prevention, rescue, repatriation and rehabilitation of trafficked and migrant child labour. Comment...

by Ministry of Labour and Employment MoL&E | On 30 Aug 2008

Fighting Drugs and Building Peace: Towards Policy Coherence between Counter-Narcotics and Peace Building

Over the past years, increasing attention to how “lootable” natural resources fund armed conflict has spurred the development of innovative policies and mechanisms, like the Kimberly Process – a dia...

by Barnett R. Rubin | On 14 Aug 2008

Impact of Proposed Commodity Transaction Tax

The relationship between trading activity, volatility and transaction cost using a three-equation structural model for five top selected commodities namely Gold, Copper, Petroleum Crude, Soya Oil and...

by Pravakar Sahoo | On 07 Aug 2008

Distress Debt and Suicides among Agrarian Households: Findings from Three Villages in Kerala

The factors and process underlying agrarian distress in Kerala by undertaking the case studies of three villages situated in Wayanad and Idukki districts namely, Cherumad, Kappikkunnu and Upputhara. T...

by K.N. Nair | On 31 Jul 2008

Are Fair Trade Labels Effective Against Child Labor?

In this paper, a model of North-South trade is developed to analyze the impact of a label certifying the absence of child labour in the export production of the South. [WP no 144].

by Jean Marie Baland | On 19 Jul 2008

Drug Development for Maternal Health Cannot Be Left to the Whims of the Market

The development of drugs for maternal health cannot be constrained by market-driven needs. What is needed is a political will.

by PLoS Medicine | On 16 Jul 2008

The Sectoral System of Innovation of Indian Pharmaceutical Industry

The paper undertakes a detailed mapping out of the sectoral system of innovation of India's pharmaceutical industry. The industry is one of the most innovative industries in the Indian manufacturing s...

by Sunil Mani | On 15 Jun 2008

Liberation, May 2008

New Mineral Policy 2008 Quota Verdict CPI(M) Coimbatore Congress SPECIAL FEATURE Democracy in S Asia: Nepal Mandate Post-Poll Pakistan Bhutan Polls and Other features.

by Liberation | On 24 Apr 2008

Inflation: Sign and Symptom of Mismanagement

Inflation impacts on the social and political life and it is the poor who bear the consequences most. There can be no room for tardiness in taking measures to control inflation. [See synopses of par...

by Shambhu Ghatak | On 21 Apr 2008

Sins of Omission

The question today is whether all the issues that were neglected when things were going well, will now get due attention when we can see even more clearly what needs to get done.

by T.N. Ninan | On 19 Apr 2008

Ethics in Indian Journalism: The Context for the Discussion

The rapid growth of the Indian media has occurred in a regulatory vacuum. Nor are there are accepted standards on the exercise of the free speech right in the Indian media. In this draft discussion no...

by Sukumar Muralidharan | On 11 Apr 2008

Innovation and Growth: Role of the Financial Sector

A brief overview is provided about India’s long-term growth performance. Then an attempt is made to set out the conditions for successful innovations. To assess the role of innovations in the Indian...

by Rakesh Mohan | On 03 Apr 2008

Missing the Wood for the Trees? Ill-thought Moves on Drugs and Drug Industry

Nothing less than price regulation with ceiling prices is going to achieve lower drug prices. Excise duty cuts eventually end up enriching the manufacturers as what will be ‘passed on’ to the consumer...

by S Srinivasan | On 24 Mar 2008

Maharashtra Budget 2008-09 Part I

Budget presented by the finance minister for the year 2008-09.

by Maharashtra Government | On 20 Mar 2008

A Sugar Policy for India Comment on D R Gadgil

D.R. Gadgil, wrote at length about the need for a long-term sugar policy and its efficient implementation is needed in India. What is the current relevance of his ideas?

by Aparna Mitheel Jaikar | On 13 Mar 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

Medical Abortion: Some Exploratory Findings from Gujarat

The present study based on Gujarat provides interesting insights on medical abortion. Based on interviews with a few chemists, drug industries and the service providers, maladies in the provision of m...

by Leela Visaria | On 11 Feb 2008

Union-Oligopoly Bargaining and Entry Deterrence:A Reassessment of Limit Pricing

This paper introduces wage bargaining in the framework of Milgrom and Roberts where the workers' reservation wage is the relevant information parameter critical for entry. The authors show that ent...

by Rupayan Pal | On 06 Feb 2008

Patents and Biopharmaceuticals in India: Emerging Issues

This paper highlights the status of the Indian biopharmaceutical industry and also makes a comparison with the global scenario. It also discusses the current situation regarding patenting biopharmaceu...

by Lalitha N | On 05 Feb 2008

Market Failure and the Poverty of New Drugs in Maternal Health

A new survey finds that only 17 drugs are under active development for maternal health indications, which is less than 3% of the pipeline in cardiovascular health (660 drugs). The international agenci...

by Nicholas M Fisk | On 30 Jan 2008

A Review of the Pharmaceutical Industry of Canada

Three important aspects of the Canadian pharmaceutical industry-viz. compulsory licence, price control on patented drugs and the R&D scenario. Unlike other developed countries, which have adopted the...

by Lalitha N | On 18 Jan 2008

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

Recent Financial Market Developments and Implications for Monetary Policy

The nature of the financial turbulence that happened recently in US and Europe, why it happened, where it happened, and the implications for central banks. Some of the forces that led up to and charac...

by Rakesh Mohan | On 12 Oct 2007

Elements of Effective Central Banking: Theory, Practice, and History

The key elements of effective central banking that account for much of the improvement in monetary policy around the world today are outlined and explained. The past quarter of the century has been a...

by Marvin Goodfriend | On 09 Oct 2007

Inter-firm differences in FII portfolio investment in India

This paper has the objective of analysing the determinants of FII investment in firms in high-tech corporate sectors like automobiles, drugs and pharmaceuticals, IT software and IT hardware for the pe...

by B.L. Pandit | On 08 Oct 2007

Guidelines for the Examination of Pharmaceutical Patents: Developing a Public Health Perspective

This paper is intended to be a contribution towards the improvement of transparency and efficiency of patentability examination for pharmaceuticals inventions, particularly in developing countries. I...

by Carlos Correa | On 23 Sep 2007

Broadcasting Services Regulation: Draft of Proposed Bill

The Broadcast media is a powerful purveyor of ideas and values and plays a pivotal role in not only providing entertainment but also disseminating information, nurturing and cultivating diverse opin...

by Ministry of Information and Broadcasting MIB | On 16 Sep 2007

Volatality of Agricultural Prices – An Analysis of Major International and Domestic Markets

The price volatility of agricultural commodities assumes critical importance in the context of the ongoing debate regarding agricultural trade liberalisation in India. The arguments against agricultur...

by C S C Sekhar | On 12 Sep 2007

Price Incentives, Nonprice factors, and Crop Supply Response: The Indian Cash Crops

Agriculture as a source of growth was sorely neglected in the early development strategies of the currently developing countries. Realisation of this shortcoming prompted public policy in these countr...

by Sunil Kanwar | On 06 Sep 2007

Should NABARD be Micro Finance Regulator?

NABARD is a key participant in the micro finance sector and has been closely associated with one of the two prevailing modes i.e. SHG-bank linkage mode of delivery of micro finance services. The devel...

by Mukul Asher | On 04 Sep 2007

Report of the Inter-ministerial Task Force on Convergence of Securities and Commodity Derivative Market

With the abolition of prohibition on forward trade in all the commodities at the beginning of 2003, the commodity derivativesmarket has been totally liberalized. The Ramamoorthy Committee set up by SE...

by Ministry for Consumer Affairs,Food and Public Dist MCAFP | On 26 Aug 2007

A Change of Mood

There is a change in the financial scenario. Any sustained bout of fair weather on the markets creates business excesses as investors and consumers start discounting risk more and more. So it is healt...

by T.N. Ninan | On 20 Aug 2007

Demand and Supply Factors in the Determination of India's Disaggragated Manufactured Exports: A Simultaneous Error-Correction Approach

An investigation of the demand and supply factors underlying the long-term behaviour of India’s disaggregated manufactured exports. An imperfect substitutes demand-supply model of export determination...

by Saikat Sinha Roy | On 20 Aug 2007

Public Health Policy Making and Drug Industry: Issues in Knowledge Legitimation

The political economy of the pharmaceutical industry defines truth significantly, if not substantially and wholly, in medicine as much as does dominant medical practice. This mediated wisdom of medici...

by S Srinivasan | On 19 Aug 2007

The Micro Financial Sector (Development and Regulation)Bill 2007

The Micro Financial Sector (Development and Regulation) Bill, 2007 seeks to promote the sector and regulate micro financial organisations (MFO). 􀂐 National Bank for Agriculture and Rural D...

by Ministry of Law | On 08 Aug 2007

Working Draft for Revised Medical Curriculum: Paraclinical: Pharmacology

At the end of the course the learner will be able to understand the general principles of drug action and handling of drugs by the body in normal individuals including children, elderly, women during...

by Ministry of Health and Family Welfare H & FW | On 03 Aug 2007

Dowry and Property Rights

Modernisation necessarily leads to the emergence of dowry as a direct transfer to the groom ("groom-price"). The historical instances of dowry can be classified according to the schema implied by the...

by Siwan Anderson | On 31 Jul 2007

Intellectual Property and Access to Medicines

This report analyzes the ITRIPS agreement. It discuses the problems and stakes, and consequences of this agreement. The report also provides case studies related to the topic and finally gives a sugge...

by Andrea Onori | On 21 Jul 2007

Handbook on Pre-conception and Pre-Natal Diagnostic Techniques Act, 1994 and Rules and Amendments

A law to prevent sex determination tests was passed in Maharashtra known as Maharashtra Regulation of Pre-natal Diagnostic Techniques Act, 1988. In 1994 the the Parliament enacted the Pre-Natal Diagn...

by Ministry of Health and Family Welfare H & FW | On 05 Jul 2007

Building an International Financial Centre in Mumbai

Earlier this year, the Indian government’s High Powered Expert Committee (HPEC) put forward its recommendations on how Mumbai could be made into an International Financial Center. The HPEC’s report co...

by Sanjeev Sanyal | On 19 Jun 2007

Time to Mainstream Micro-Pensions in India

The paper has argued that to expand coverage of micro-pensions, social entrepreneurship (along with social responsibility) will be needed by the financial sector, including the MFIs, insurance compani...

by Mukul Asher | On 08 May 2007

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

Groundwater Irrigation in North India: Institutions and Markets

This paper analyzes the institutions and markets that govern groundwater allocation in the sugarcane belt of Uttar Pradesh, India, using primary, plot-level data from a village which shares the typica...

by Banerji A | On 21 Mar 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

Union Budget 2007-08: A Touch of ‘Magic Realism’

The Budget is ‘exciting’ precisely because it has at least decided to pay a little more than lip service to the so-called social sector. And Finance Ministers then tend to increase allocations for the...

by S Srinivasan | On 08 Mar 2007

Corporate Farming in India:Is it Must for Agricultural Development?

Indian agriculture is under policy reforms for some time now. One of the issues it faces is that of lack of viability of smallholdings and lack of international competitiveness of its produce. In this...

by Sukhpal Singh | On 07 Mar 2007

AIDAN Statement on the Report of the Technical Expert Group on Patent Law Issues

While welcoming the move to withdraw the Report of the Technical Expert Group on Patent Law Issues AIDAN has issued a statement that the group must not be allowed to re-submit the report. The matter m...

by All India Drug Action Forum AIDAN | On 04 Mar 2007

Health System in India: Crisis and Alternatives

The objective of universal access to good quality, appropriate healthcare, envisaged over half a century ago at the dawn of Independence, today remains unrealised. Public health haseffectively remaine...

by Jan Swasthya Abhiyan | On 16 Feb 2007

Medico Friend Circle Bulletin, 318-319, August-November 2006

Contents: Data Exclusivity: Another Self-Goal and a Trade Barrier S.Srinivasan. Medico Friend Circle Letter to PM on DE. DE in International Trade Agreements. IDMA on DP and DE. Safeguards if...

by Medico Friend Circle | On 01 Feb 2007

Medico Friend Circle Bulletin, 316-317, April-June 2006

Contents: Impressions from a Rural Laboratory - Jan Swasthya Sahyog Surgical Care for Rural India – A Perspective - George Mathew Excessive Use of Screening and Diagnostic Tests - Anant Phadke ...

by Medico Friend Circle | On 01 Feb 2007

Policy, Economic Federalism & Product Market Entry: The Indian Experience

Productivity growth has long been associated with, among others, contestability of markets which, in turn, is dependent on the ease with which potential competitors to the incumbent firms can enter t...

by Sumon Kumar Bhaumik | On 11 Jan 2007

Identifying Asset Price Bubbles in the Housing Market in India - Preliminary Evidence

Devoted to the analysis of housing market in India, the paper employs a special decomposition scheme for the structural VAR proposed by Blanchard and Quah to study the impact of permanent shocks to...

by Himanshu Joshi | On 10 Jan 2007

Estimating the Effects of Global Patent Protection in Pharmaceuticals: A Case Study of Quinolones in India

In the context of the TRIPS agreement and the accompanying debate about the merits of the requirement to enforce product patents for pharmaceuticals, this paper provides a rigorously-derived estimate...

by Shubham Chaudhuri | On 27 Dec 2006

Textile and Clothing Trade with European Union: Impact of year-old EU Generalised System of Preferences

Taking into account the latest data of exports of textiles and clothing to the European Union from South Asia and China, a year-end assessment of the impact of the Generalised System of Preferences (...

by C. Satapathy | On 14 Dec 2006

Telecommunications Reform and the Emerging ‘New-Economy’: The Case of India

Telecommunications reform in recent years in almost all developed and developing nations created an opportunity to attract foreign direct investment. The investments have been taking place mainly in...

by Moazzem Hossain | On 27 Nov 2006

Availability and Price Management of Drugs and Pharmaceuticals

The Committee’s present examination of ‘Availability and Price Management of Drugs and Pharmaceuticals’ is with the objective of making available quality medicines at affordable prices to the masses....

by Ministry of Chemicals and Fertilisers, Government | On 21 Nov 2006

The Future of Drug Development: the Economics of Pharmacogenomics

This paper models how the evolving field of pharmacogenomics (PG), which is the science of using genomic markers to predict drug response, may impact drug development times, attrition rates, costs,and...

by John A. Vernon | On 17 Aug 2006

Data Exclusivity: Another Self-Goal and a Trade Barrier

Introducing data exclusivity would require intending generic manufacturers to conduct their own duplicate trials – a process guaranteed to add further costs. The immediate entry of competitors after e...

by S Srinivasan | On 11 Jul 2006

Data Exclusivity: Another Self-Goal and a Trade Barrier

Introducing data exclusivity would require the intending generic manufacturers to conduct their own duplicate trials – a process guaranteed to add costs. The immediate entry of competitors after exclu...

by S Srinivasan | On 11 Jul 2006

Strengthening the Export Competitiveness of firms in the Indian Pharmaceutical Industry

This paper attempts to identify the factors that determine the export competitiveness of firms in the Indian pharmaceutical industry. Our findings suggest that the competitiveness of firms depends not...

by Aradhna Aggarwal | On 21 Apr 2006

Understanding ‘Crises’ in a Traditional Industry: Case of Coir in Kerala

The paper attempts to critically analyse the issues that are an offshoot of the open market regime pursued in the industry. Intense competition between exporters for developed country suppliers along...

by I. Kalamani | On 28 Mar 2006

Why is Exchange Rate Pass-through So Low?

Policy makers are particularly concerned about the extent and speed of exchange rate pass-through into domestic prices. However, in recent times there seems to be a growing degree of disconnect betw...

by Amit Ghosh | On 14 Mar 2006

Union Budget 2006-07: Securing its Legacy

Union Budget 2006-07 breaks new ground in many areas, and continues on the path of modernizing the tax system. It also gives deserved recognition to key allocation priorities. But its legacy will be...

by Mukul Asher | On 04 Mar 2006

Medico Friend Circle Bulletin, 315, February-March 2006

Wishing away a Condition: Issues of Concern in the Control and Treatment of Leprosy - Jan Swasthya Sahayog(JSS) How to Count the Poor Correctly versus Illogical Official Procedures - Utsa Patnaik...

by Medico Friend Circle | On 04 Mar 2006

Union Budget 2006-07: Speech

The bulk of the resources must go to the UPA Government’s eight flagship programmes: Sarva Siksha Abhiyan, Mid-day Meal Scheme, Rajiv Gandhi Drinking Water Mission, Total Sanitation Campaign, National...

by Ministry of Finance | On 28 Feb 2006

Economic Survey 2005-06, Chapter 5

Prices and Food Management

by Ministry of Finance | On 27 Feb 2006

Some Key Issues in Policy, Pricing, Regulation, and Financing of Irrigation Development in India Today

This paper discusses the stylised problems relating to water and irrigation in India and argues tht most of the inefficeincies, misuse and environmental damage have their roots in the mispricing of wa...

by Sebastian Morris | On 24 Feb 2006

Will Russia win the ‘Gas War’?

Russia’s Gazprom, the world’s largest gas company, has precipitated serious tensions among the post-Soviet countries by sharply hiking gas prices this winter. Gazprom has been supplying gas to these c...

by R.G. Gidadhubli | On 07 Feb 2006

Discussion Note: Draft National Pharmaceutical Policy 2006

A note on the long-awaited Draft National Pharmaceutical Policy 2006. The Policy appears to have taken into consideration consumer needs, paying respect to rational therapeutics. A closer examinati...

by All-India Drug Action Network (AIDAN) | On 28 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

Medico Friend Circle Bulletin, 313-314, October 2005-January 2006

Contents Why we do not need to give Hepatitis B Vaccine for all newborns 1 Cost and Quality Issue in Hospital Care - Anant Phadke 4 Local Production of Oseltamivir (Tamiflu): Options - D. G. Shah 6...

by Medico Friend Circle | On 20 Jan 2006

Draft National Pharmaceutical Policy, 2006

In 2002 the government had formulated a new Drug Policy, but the same could not be implemented due to litigation involving it. As a consequence, the policy of 1994 continues to be in force.The pr...

by Department of Chemicals and Petrochemicals | On 16 Jan 2006

Gender, Work and Organizational Culture: A Southeast Asian Experience

Organizations operate in the social milieu and therefore the socio-cultural factors greatly influence the organizational culture. The Asian societies are patriarchal in nature that gives superior posi...

by Sunita Singh-Sengupta | On 13 Jan 2006

Regulation and Supervision of Pension Funds in India

Power Point Presentation. Occupational pension funds need to be regulated and supervised. A statutory role in the form of Scheme Actuary needs to be created for DB pensions.Adequate information need...

by S.P. Subedar | On 12 Jan 2006

International Best Practices in Pension Supervision

Power Point Presentation. Pension funds must be operated solely for the benefit of participants. • Regulator must be strong and politically independent; • Laws must focus on safety and soundness; •...

by Thomas E. Power | On 12 Jan 2006

Regional and Gender Disparity in Agricultural Wages

This study on agricultural wages shows that states like West Bengal and Gujarat have performed well in providing gender equal wages to men and women. Kerala’s performance in maintaining gender equal w...

by Shambhu Ghatak | On 11 Jan 2006

Consultation Paper on Issues Relating to Convergence and Competition in Broadcasting and Telecommunications

This Consultation Paper, being issued with a view to making recommendations to the Government under section 11(1)(a)(iv) of the TRAI Act, focuses on the need to bring about convergence in all aspects...

by Telecom Regulatory Authority of India (TRAI) | On 04 Jan 2006

Task Force to Explore Options other than Price Control for Achieving the Objective of Making Available Life-saving Drugs at Reasonable Prices

The Task Force recommends that price regulation should be on the basis of ‘Essentiality’ of the drug and it should be applied only to formulations and not to upstream products, such as bulk drugs. No...

by Task Force on Pharmaceutical Pricing | On 22 Dec 2005

Supreme Court Judgement on Unaided Private Colleges

The Supreme Court judgement of Augutst 12, 2005 on four questions regarding higher education in unaided educational institutions including quota and fee structure. Q.1. Unaided educational instituti...

by Supreme Court of India | On 08 Dec 2005

Pharmaceuticals, WTO/TRIPs and Women

This paper looks at the effects of WTO/TRIPS and pharmaceuticals on women. The focus is on the poor and women. The first part of the paper tries to show the linkages between the idea of intellectual p...

by S Srinivasan | On 27 Nov 2005

Mughal Decline, Climate Change, and Britain’s Industrial Ascent:An Integrated Perspective on India’s 18th and 19th Century Deindustrialization

India was a major player in the world export market for textiles in the early 18th century, but by the middle of the 19th century it had lost all of its export market and much of its domestic market....

by David Clingingsmith | On 10 Nov 2005

Recent Social Security Reforms In Selected Asian Countries

There are considerable variations in the philosophy, coverage, investment policies and performance, design of schemes, governance structures, degree of professionalism and adequacy of benefits among A...

by Mukul Asher | On 11 Oct 2005

The Drugs And Cosmetics (Amendment) Bill, 2005

THE DRUGS AND COSMETICS (AMENDMENT) BILL, 2005 A Bill further to amend the Drugs and Cosmetics Act, 1940. Under examination with the Committee on Health and Family Welfare On adulterated and spurious...

by Anonymous | On 30 Aug 2005

Discussion Paper on Pension Reform and New Pensiion System

PFRDA 1) Current provision of Pensions in India 2) Why review Pension Systems? 3) Governments’ Initiatives 4) New Pension System (NPS) 5) Present Status 6) Why PFRDA Bill? 7) Some clarificatio...

by Anonymous | On 28 Aug 2005

Medico Friend Circle Bulletin 310, April-May 2005

Medico Friend Circle, April-May 2005, featuring Background papers for annual Theme Meet on Quality and Cost of Health Care

by Anonymous | On 24 Aug 2005

Price Elasticity Estimates for Tobacco and Other Addictive Goods in India

The tax base of tobacco in India is found to be heavily depended on about fteen per cent of the tobacco users who represent cigarettes smokers. Non-cigarette tobacco products used by the majority of...

by Rijo John | On 22 Aug 2005

Drug Pricing: Rajya Sabha August 17, 2005

Rising drug prices and misuse of drugs: Calling Attention

by Anonymous | On 19 Aug 2005

Pharmaceutical Policy, 2002

Pharmaceutical Policy of 2002 covering issues of pricing, ,marketing, size of market, quality, production, investment, regulatory authority, monitoring, ethical issues

by Anonymous | On 10 Aug 2005

NPPA-Procedures for Formulations, DPCO 1995

Procedures of determining prices of formulations as per directions of Drug Price Control Order, 1995

by Anonymous | On 10 Aug 2005

NPPA-Procedures for Bulk Drug Price Fixation, DPCO 1995

Procedures for fixing of prices of bulk drugs

by Anonymous | On 10 Aug 2005

Modifications in Drug Policy 1986

Modifications to Drug Policy 1986

by Anonymous | On 10 Aug 2005

Drug Policy 1986

Drug Policy of 1986

by | On 10 Aug 2005

Pharma Pricing in India : A failure of the Market(s)?

In economic literature, market failure is said to occur when inter alia under the following conditions. 1) When adequate competition does not exist. 2) Buyers and sellers are not well informed. Withou...

by S Srinivasan | On 10 Aug 2005

Comment:Draft Nep: A Flawed Vision

The draft National Environment Policy represents the first-ever attempt to draft a policy for the environment as a whole. the draft is fundamentally flawed in its vision and its analysis of socio-envi...

by Sharatchandra Lele | On 08 Aug 2005

The Pension Fund Regulatory And Development Authority Ordinance, 2004

An Ordinance to provide for the establishment of an Authority to promote old age income security by establishing, developing and regulating pension funds, to protect the interests of subscribers to sc...

by Government of India GOI | On 06 Aug 2005

Issues of Pricing Urban Water

With urban expansion and the growth of population, Indian cities are not able to supply water services that are adequate both quantitatively and qualitatively. Most urban water supply authorities pref...

by Rajan Padwal | On 05 Aug 2005