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Weekend Rumniations: Don't bet just yet on Bangladesh as South Asia's economic champion

Bangladesh might overtake India this year by per capita income in nominal dollars, but it is not yet close to becoming South Asia's economic powerhouse anytime soon.

by T.N. Ninan | On 17 Oct 2020

Gender and Corporate Success: An Empirical Analysis of Gender-Based Corporate Performance on a Sample of Asian Small and Medium-Sized Enterprises

The paper will provide policy suggestions, such as establishment of credit guarantee funds for easing the female-owned SMEs’ access to finance in Asia. Implementation of supportive policies for female...

by Farhad Taghizadeh-Hesary | On 01 Apr 2019

Environmental Governance and Environmental Performance

Along with the continuous development of the global economy, environmental deterioration has been widely recognized as a pressing issue nowadays, bringing environmental governance to the forefront of...

by Chun-Ping Chang | On 28 Mar 2019

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

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

by Dushni Weerakoon | On 28 Mar 2019

Asian Development Outlook Forecast Accuracy 2007–2016

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

by Benno Ferrarini | On 22 Jan 2019

Productivity and Trade Growth in Services: How Services Helped Power Factory Asia

This paper uses a theory-based measure of productivity-based comparative advantage to examine the trade performance of developing Asian economies in manufacturing and services over the 1995–2011 perio...

by Ben Shepherd | On 20 Jan 2019

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

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

by Cyn-Young Park | On 26 Oct 2018

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

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

by Elaine Q. Borazon | On 20 Sep 2018

Financial Market Integration and Income Inequality

This paper uncovers novel empirical evidence that financial market integration and financial market development interact to change income inequality. When other things are controlled, the effect of fi...

by Jae wook Jung | On 11 Sep 2018

Market Expanding or Market Stealing? Platform Competition in Bike-Sharing

The recent rise of dockless bike-sharing is dominated by two platforms: one started first in 82 Chinese cities, 59 of which were subsequently entered by the second platform. Using these variations, th...

by Guangyu Cao | On 01 Sep 2018

Assessing the Effects of Simple and Complex Innovation Strategies on the Performance of Firms in the Philippines

Innovation is the synergistic use of resources, technology, capital, and information to achieve growth at different levels of the economy. Many studies abroad have already supported the hypothesis tha...

by Connie Bayudan-Dacuycuy | On 27 Aug 2018

Review of High-Value Agriculture in the Philippines with Comprehensive Subsectoral Focus: Livestock Industries

The main objective of this paper is to review the status and performance of the Philippine livestock sector. This review provides discourse on the livestock subsector’s performance over the years, and...

by Sonny N. Domingo | On 05 Jul 2018

Trade Costs, Time, and Supply Chain Reliability

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

by Utsav Kumar | On 14 Jun 2018

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

Cross- Border Portfolio Investment and Financial Integration in Asia and the Pacific Region

This paper examines the developments of cross-border portfolio assets and liabilities in the Asia and Pacific region over the periods of 2001–2017. Rapid increases in both portfolio foreign assets and...

by Sayuri Shirai | On 07 Jun 2018

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

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

by Cyn-Young Park | On 06 Jun 2018

Vertical Integration, Market Structure and Competition Policy: Experiences of Indian Manufacturing Sector during the Post - Reform Period

In the context of declining degrees of vertical integration in major industries of Indian manufacturing sector during the post - reform period, the present paper is an att...

by Pulak Mishra | On 15 May 2018

Does Export Intensity Affect Firm Performance? Evidence from Basic Metal Industry in India

With technological advancement, the world has shrunk in the form of a ‘global village’. Acknowledging this fact, the main question of this study is going to be: whether...

by | On 08 May 2018

The Impact of Global Labour Standards on Export Performance

The issue of global labour standards has been at the forefront of both regional and multilateral trade negotiations over the past two decades, and will likely remain high on the agenda of future tra...

by | On 28 Mar 2018

Regional Cooperation to Combat Climate Change: The Way Forward

This paper is based on the presentation given by the author at the Fifth WIEF roundtable on climate change held in Dhaka, organized by the WIEF secretariat on 20 March 2012. The paper will introduce t...

by | On 21 Mar 2018

Global Downturn and Export Sector in India: Impact on Production, Export and Employment

The paper says that the recent (2007–09) global financial meltdown and the related economic recession are seen as the worst since the Great Depression of 1930s.

by S.K. Sasikumar | On 12 Mar 2018

Does Export Intensity Affect Firm Performance ? Evidence from Basic Metal Industry in India

With technological advancement, the world has shrunk in the form of a ‘global village’. Acknowledging this fact, the main question of this study is going to be: whether participation of a firm in th...

by | On 14 Feb 2018

Economic Survey 2017: Volume I, Chapter 6: Climate, Climate Change, and Agriculture

Using district-level data on temperature, rainfall and crop production, this chapter documents a long-term trend of rising temperatures, declining average precipitation, and increase in extreme prec...

by Arun Jaitley | On 31 Jan 2018

Ecommerce and Firm Performance: Evidence from Korea

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

by Lee Yub | On 26 Jan 2018

Regional Analysis of Sanitation Performance in India

Introduction: India bears a disproportionate burden of open defecation in spite of investing more and more funds and ushering in several institutional efforts including Swachh Bharat Mission in the...

by Arijita Dutta | On 23 Jan 2018

Can We Measure the Power of the Grabbing Hand?: A Comparative Analysis of Different Indicators of Corruption

This paper critically reviews the strengths and weaknesses of various objective and subjective indicators of corruption.

by Alexander Hamilton | On 15 Jan 2018

Vertical Integration, Market Structure and Competition Policy: Experiences of Indian Manufacturing Sector during the Post-Reform Period

In the context of declining degrees of vertical integration in major industries of Indian manufacturing sector during the post-reform period, the present paper is an attempt to examine how such ‘verti...

by Pulak Mishra | On 11 Dec 2017

Response of Firms to Listing: Evidence from SME Exchanges

Public equity markets have increasingly become accessible to small and medium firms with the introduction of dedicated exchange that lower listing criteria to allow such firms to list their equity. Th...

by | On 11 Dec 2017

Cracking the Code: Girls’ and Women’s Education in Science, Technology, Engineering and Mathematics (STEM)

This report aims to ‘crack the code’, or to decipher the factors that hinder or facilitate girls’ and women’s participation, achievement and continuation in STEM education, and what can be done by the...

by United Nations Educational, Scientific and Cultura UNESCO | On 21 Nov 2017

Impact of Human capital on Economic Growth: Evidence from Pakistan

The papers says that there is a need to invest in educational sector to maximize the human capital, which not only helps in economic growth but also contributes to economic development of the country.

by Syed Kazmi | On 17 Nov 2017

Management of Capital Flows in India

Increased integration with global financial markets has amplified the complexity of macroeconomic management in India. The diverse objectives of a robust growth rate, healthy current account deficit,...

by Abhijit Sen Gupta | On 13 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

Remittances and Exchange Rate Linkages: Experiences of Nepal

This paper concentrates on the impact of a few macroeconomic variables—nominal exchange rate, economic activity in host countries and workers' outflow—in determining the remittance inflows to Nepal.

by Bhubanesh Pant | On 09 Oct 2017

Picking the Winner : Measuring Urban Sustainability in India

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

by | On 06 Oct 2017

Examining the Eco-Macroeconomic Performance Index of India: A Data Envelopment Analysis Approach

The prime objective of the paper is to construct a robust macroeconomic performance (MEP) index of India using Data Envelopment Analysis (DEA) approach. Six major macro indicators, namely, economic gr...

by Ranjan Kumar Mohanty | On 05 Oct 2017

Towards ‘Make in South Asia’: Evolving Regional Values Chains

One of the most important ways in which several of the common developmental challenges in South Asia could be addressed is by focusing on manufacturing. In the new context, manufacturing becomes key...

by Ram Upendra Das | On 04 Oct 2017

Bolder Disinvestment or Better Performance Contracts? Which Way Forward for India’s State-Owned Enterprises

This paper analyses the performance of India’s Public Sector Undertakings (PSUs) using measures of labour and overall efficiency and productivity indicators as opposed to financial returns. Using meth...

by Ajay Chhibber | On 03 Oct 2017

Electricity Consumption and Economic Growth in Karnataka

The paper aims to study the trend and pattern of electricity consumption in Karnataka, to investigate the direction of causality between electricity consumption and economic growth, and to forecast th...

by Laxmi Rajkumari | On 11 Sep 2017

Return Migrants’ Perceptions of Living Conditions in Ethiopia: A Gendered Analysis

It is widely accepted that people migrate to seek better living opportunities, and migration experiences affect life conditions considerably upon return. Research focused on gendered perspectives has...

by Özge Bilgili | On 28 Aug 2017

Economic Integration and Development Partnerships: Southern Perspectives

Regional integration (RI) is a process by which countries enter into an agreement to upgrade cooperation through common institutions and rules. The objectives of the agreement could range from economi...

by Research and Information System for Developing Countries | On 24 Aug 2017

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

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

by M. Singhi | On 24 Aug 2017

Getting Punjab Agriculture Back on High Growth Path: Sources, Drivers and Policy Lessons

The study finds that among the many steps taken by the state, three interventions played the most important role in the state’s impressive performance in agriculture. They are irrigation facilities, a...

by Ashok Gulati | On 23 Aug 2017

The Economic Impacts of the Clean Power Plan: How Studies of the Same Regulation can Produce such Different Results

The main objective of the paper is to of add clarity to the debate over the economic effects of regulations like the CPP. It is shown that studies of the same regulation using similar methodologies c...

by Noah Kaufman | On 28 Jul 2017

Making Money Work: Financing a Sustainable Future in Asia and the Pacific

This report explores some of the ways forward. It highlights not just the need to inject more money into investments that contribute to sustainable development, but also to attract funds toward them—t...

by Asian Development Bank Institute | On 21 Jul 2017

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

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

by Asian Development Bank Institute | On 13 Jul 2017

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

Asian Economic Integration Report 2015: How Can Special Economic Zones Catalyze Economic Development?

The report is an annual review of Asia’s regional economic cooperation and integration. It covers the 48 regional members of the Asian Development Bank. This issue includes Special Chapter: How Can Sp...

by Asian Development Bank Institute | On 23 Jun 2017

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

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

by Asian Development Bank Institute | On 02 Jun 2017

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

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

by Parma Chakravartti | On 26 May 2017

A Comparative Analysis of Tax Administration in Asia and the Pacific: 2016

The analysis and practical guidance provided in this report are based on surveys of revenue bodies conducted in 2014 and 2015, along with accompanying research of revenue bodies’ corporate documents,...

by Asian Development Bank Institute | On 22 May 2017

INDIA Leaps Ahead: Transformative Mobility Solutions For All

The report says India can save 64% of anticipated passenger road-based mobility-related energy demand and 37% of carbon emissions in 2030 by pursuing a shared, electric, and connected mobility future....

by Shikha Juyal | On 17 May 2017

Asian Economic Integration Report 2016

The reports notes the regional cooperation and integration (RCI) in Asia and the Pacific continues to evolve, creating an important source for the region’s dynamic growth. This report assesses the RCI...

by Asian Development Bank Institute | On 10 May 2017

LED Street Lighting Best Practices - Lessons Learned from the Pilot LED Municipal Streetlight and PLN Substation Retrofit Project (Pilot LED Project) in Indonesia

The Pilot LED Project was successful in demonstrating significant savings and in developing new specifications for LED luminaires that focused on luminaire performance, quality of delivered illuminati...

by Asian Development Bank Institute | On 07 May 2017

Picking The Winner: Measuring Urban

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

by B.Sudhakara Reddy | On 03 May 2017

Towards a Better Future for Women and Work: Voices of Women and Men

Decent work, the core mandate of the ILO, is defined as productive work for women and men in conditions of freedom, equity, security and human dignity.Decent work involves opportunities for work that:...

by International Labour Organization [ILO] | On 17 Apr 2017

Budget 2017-18: Business as Usual

Budget 2017-18 was presented at the time when the global situation is inhospitable, marked with protectionism and domestic environment is constrained by the twin balance sheet crisis. The investment ...

by M Govinda Rao | On 10 Mar 2017

Collective Action on South Asia's 'Wicked Problems'

The problems of water, energy, climate change, and urbanisation, are all intertwined; they are, also, all 'wicked'. There is little consensus on how to effectively navigate these problems, let alone,...

by | On 02 Feb 2017

Performance on Health Outcomes: A Reference Guide Book

It is anticipated that this health index will assist in State level monitoring of performance, serve as an input for providing performance based incentives and improvement in health outcomes, thereby...

by Niti Aayog GOI | On 18 Jan 2017

Indian Variant of MTEF: The Scope and Opportunities to Develop an Effective Budget Planning Process

The paper examines the medium-term fiscal policy (MTFP) and a more conventional medium-term expenditure framework (MTEF) adopted in India under the provisions of the fiscal rules. The MTFP and the MTE...

by Pratap Ranjan Jena | On 10 Jan 2017

Role of Foreign Direct Investment in India: An Analytical Study

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

by | On 04 Jan 2017

Plan vs. Performance Winter Session – November 16 to December 16, 2016

This note lists the legislative business planned by Parliament and compares it with the actual performance during Winter Session 2016.

by Kusum Malik | On 19 Dec 2016

Regulatory Responsiveness in India: A Normative and Empirical Framework for Assessment

This paper seeks to measure the extent to which Indian regulators are responsive in the performance of their functions. The paper focuses on one function common to all Indian statutory regulators, na...

by Anirudh Burman | On 08 Nov 2016

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

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

by Erica G. Birk | On 22 Sep 2016

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

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

by Alan Gelb | On 01 Sep 2016

Picking the Winner: Measuring Urban Sustainability in India

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

by B.Sudhakara Reddy | On 29 Aug 2016

Impact of Caregiver Incentives on Child Health: Evidence from an Experiment with Anganwadi Workers in India

This paper provides evidence of effectiveness for performance pay among government caregivers to improve child health in India. In a controlled study of 160 daycare centers serving over 4,000 children...

by | On 29 Aug 2016

The Concept of Integration in Refugee and Immigrant Studies

The concept of integration is quite a popular one, debated and discussed majorly in developed Nations. Integration is an imperative area of empirical apprehension and inquiry in refugee and immigrant...

by | On 23 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

Cognitive Performance and Labour Market Outcomes

This paper uses information from the National Longitudinal Survey of Youth 1979 (NLSY79) and supplementary data sources to examine how cognitive performance, measured at approximately the end of secon...

by Dajun Lin | On 03 Aug 2016

Trajectories of China’s Integration with the World Economy through SEZs: A Study on Shenzhen SEZ

By exploring the role of SEZs in China’s integration with the world economy, we also investigate the underlining challenges faced by the economy. The analysis brings forth the indisputable fact that S...

by | On 14 Jul 2016

India’s Informal Trade with Pakistan

This study (i) identifies factors determining informal trade, (ii) prepares estimates of India's informal trade with Pakistan (iii) examines the modalities of informal trade (iv) analyzes the transact...

by Nisha Taneja | On 13 Jul 2016

Conflicts in the South China Sea and China ASEAN Economic Interdependence: A Challenge to Cooperation

This paper analyzes the absence of correlation between China-ASEAN economic interdependence and dispute settlement in the South China Sea, against liberals’ prediction. It argues that there are a few...

by | On 13 Jul 2016

Trends in Strategies and Performance of the Indian Corporate Sector: What has changed in two decades of economic reforms?

This paper documents strategies followed by firms in the last two decades and the resultant changes in business conditions. It is found that although the rate of growth of the industry sector has not...

by Rakesh Basant | On 04 Jul 2016

Meta-Analysis for Online Retail Performance

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

by Dheeraj Sharma | On 22 Jun 2016

A Practical Note on Predictive Analytics Usage in Marketing Applications

This paper is an attempt to provide a simplified approach to this practical problem of evaluating model performance taking account of the decision context. Two scenarios are discussed; a) a classifica...

by Arindam Banerjee | On 21 Jun 2016

Height and Cognition at Work: Labor Market Productivity in a Low Income Setting

This paper evaluates the relative importance of these mechanisms that potentially underly the link between adult stature and labor market productivity. Drawing on twelve waves of longitudinal survey...

by Daniel LaFave | On 31 May 2016

The Juvenile Justice (Care and Protection of Children) Act, 2015

An Act to consolidate and amend the law relating to children alleged and found to be in conflict with law and children in need of care and protection by catering to their basic needs through proper ca...

by Government of India Ministry of Women and Child Development | On 27 May 2016

Plan vs. Performance Budget Session – February 23 to May 13, 2016

The Budget Session was originally planned to be held in two parts: from February 23 to March 16 and April 25 to May 13. However, at the end of March, the government decided to convert these into two...

by Kusum Malik | On 17 May 2016

Payment systems to facilitate South Asian integration

The paper examines the role payment systems can play in greater South Asian integration, including intra regional trade facilitation. As payment systems become more sophisticated and thei...

by | On 02 May 2016

The Copyright (Amendment) Act, 2012

An Act to amend the Copyright Act, 1957.

by Ministry of Law and Justice GOI | On 25 Apr 2016

Global Energy Architecture Performance Index Report 2016

The Global Energy Architecture Performance Index Report 2016 ranks 126 countries on their ability to deliver secure, affordable and sustainable energy. The results of the global Energy Architecture Pe...

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

Co-operatives and Rural Development in India

This paper characterises and distinguishes co-operatives from other forms of organisations and highlights the important place they occupy in India‘s rural economy. It examines their contribution to ru...

by Katar Singh | On 20 Mar 2016

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

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

by Asian Development Bank Institute | On 17 Mar 2016

Reforming the Financing System for the Road Sector in the People's Republic of China

This report recommends the creation of a National Roads and Funding Administration and a central road trust fund with dedicated revenues; changes to roles and responsibilities of different levels of g...

by Asian Development Bank Institute | On 17 Mar 2016

The Role of Technological Conditions of Production in Explaining India's Manufacturing Growth, 1998-99 to 2007-08: Some Policy Perspectives

This paper tries to explain India’s manufacturing growth performance in terms of the technological conditions of production, namely, the returns to scale (RTS) and the elasticity of substitution (ES)...

by Alokesh Barua | On 15 Mar 2016

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

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

by Sonia Mukherjee | On 15 Mar 2016

Corporate Governance, Competition and Firm Performance: Evidence from India

The aim of this paper is to show the interaction effect of product market competition and corporate governance variables on firm performance. While the linkage between internal governance mechanism an...

by Manoj Pant | On 15 Mar 2016

Financial Soundness Indicators for Financial Sector Stability - A Tale of Three Asian Countries

The 1997 Asian financial crisis and the 2008 global financial and economic crisis further demonstrated the importance of financial stability. Both crises showed how balance sheets of financial institu...

by Asian Development Bank Institute | On 15 Mar 2016

The National System of Technical Vocational Education and Training in the Philippines: Review and Reform Ideas

The role of the National System of Technical Vocational Education and Training (NSTVET) is critical in skill upgrading and development. The rapidly changing technology highlights this need even more....

by Aniceto C. Orbeta, Jr. | On 14 Mar 2016

Debt Dynamics, Fiscal Deficit, and Stability in Government Borrowing in India: A Dynamic Panel Analysis

Despite the initiatives of the Finance Commission of India, fiscal performance has been deteriorating and increasingly diverging across Indian states. Given that the state governments are endowed with...

by Panchanan Das | On 14 Mar 2016

India in the Global Economy

The global economy is finding it hard to restore pre-Great Recession growth rates – every report of the IMF seemingly downgrades its previous growth forecasts. Why has the recovery been so slow? When ...

by Raghuram G. Rajan | On 14 Mar 2016

Mergers and Acquisitions in the Indian Pharmaceutical Sector

Mergers and acquisitions (M and A) are common strategies of firms to increase its performance. Although, the motives of M and A are different however, the determinants are discreet. This study tries t...

by Nikita Agarwal | On 11 Mar 2016

The Transcending Power of Goods: Imaginative Value in the Economy

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

by Jens Beckert | On 09 Mar 2016

Energy Security in Northeast Asia: Putin, Progress and Problems

This article intends to bring to light the energy security concept in the region, while analyzing how this multilateral cooperative energy scheme can contribute to building a new regional economic sec...

by Se Hyun Ahn | 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

Economic and Political Relations Between Bhutan and Neighbouring Countries

The diversification of Bhutan’s relations began with its entry into the United Nations in 1971, and while external relations continued to be largely confined to India, the establishment of its relatio...

by | On 02 Mar 2016

Access to Nutrition Index: Global Index 2016

ATNI is a global initiative that evaluates the largest food and beverage manufacturers’ policies, practices and disclosure related to all types of poor nutrition. It provides companies with a tool to...

by Access to Nutrition Index (ATNI) | On 01 Mar 2016

India and an Indian village: 50 years of economic development in Palanpur

The analysis of the paper begins in the next section by setting out broad economic changes in India as key context for change in Palanpur, with a particular focus on the three drivers set out above; s...

by Himanshu Prof | On 29 Feb 2016

The Future of Australia's Productivity: Some Insights from Productivity Analysis

The Productivity Commission program of studies on the productivity of different sectors — to date, Mining, Electricity, gas and water, and Manufacturing — provide some insight into what lies behind th...

by Jenny Gordon | On 29 Feb 2016

India'a Services Sector: Performance, Some Issues and Suggestions

This paper examines the performance of India’s services sector; the recent policy reforms in some important services sectors; issues and suggestions in services sector and in particular the four impor...

by H.A.C. Prasad | 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

Indirect Inference for Dynamic Panel Models

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

by Christian Gourieroux | On 25 Feb 2016

Energy Development in ASEAN Countries and Sino-ASEAN Energy Cooperation

East Asia is one of the three main economic blocks in the world. Association of Southeast Asian Nations (ASEAN) countries – as New Industrial Economies (NIEs) – and China – as an emerging power – are...

by | On 25 Feb 2016

Indian Railway Budget Speech 2016-17

Speech of Shri Suresh Prabhakar Prabhu introducing the Railway Budget for 2016-17.

by Suresh Prabhakar Prabhu | On 25 Feb 2016

Exploring Priority Areas for Philippine APEC 2015 Hosting: Building Inclusive Economies, Building a Better World

This paper is an integration of the studies commissioned under the DFA-PIDS memorandum of agreement to explore the priority areas during the Philippines' APEC hosting in 2015 under the theme: "Buildin...

by Erlinda M. Medalla | On 25 Feb 2016

Trade Policy at the Cross-Roads

It is now widely agreed that the World Trade Organization (WTO) is in trouble, struggling to deliver the national rewards available from liberalising through multilateral negotiations. Prime Minister...

by Bill Carmichael | On 25 Feb 2016

Integration and Trade Specialization in East Asia

The 1990s saw East Asia becoming more integrated as trade barriers fell, trade intensity and intra-industry trade increased, and production networks formed. This greater integration has resulted in ch...

by Yose Damuri | On 24 Feb 2016

Asean-China Trade Relations :15 Years of Development and Prospects",The Gioi Publishers,2008 Recent Development of China-ASEAN Trade and Economic Relations: From Regional Perspective

Abstract: The development of China-ASEAN trade and economic relations within the recent 15 years has of great significance not only for both sides but also for the whole East-Asia region. This paper i...

by Zhao Jianglin | On 24 Feb 2016

A Critical Analysis of Purchasing of Health Services in the Philippines: A Case Study of PhilHealth

This study is a critical analysis of health services purchasing undertaken by Phil Health which implements the National Health Insurance Program of the Philippines. Purchasing is about how an institut...

by Oscar F. Picazo | 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

Financial Institutions and Structures for Growth in East Asia

The paper examines the changing size, shape and range of financial markets in the region indicates the extent to which regional markets have become more efficient and have improved in quality since th...

by Jenny Corbett | On 23 Feb 2016

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

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

by Justin Yifu Lin | On 23 Feb 2016

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

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

by Aekapol Chongvilaivan | On 23 Feb 2016

Asymmetry In Government Bond Returns

Is there asymmetry in the distribution of government bond returns in developed countries? Can asymmetries be predicted using financial and macroeconomic variables? To answer the first question, we pro...

by Ippei Fuijwara | On 21 Feb 2016

Deepening Association of Southeast Asian Nations’ Financial Markets

This paper discusses the financial landscape of the Association of Southeast Asian Nations (ASEAN), a region engaged in building an economic community (a “single market and production base”) by 2015....

by Choong Lee | On 21 Feb 2016

Are Returns To Private Infrastructure In Developing Countries Consistent With Risks Since The Asian Crisis?

This paper presents a basic assessment of the financial performance of infrastructure service operators in developing countries. It relies on a new database of 120 companies put together to track the...

by Maria Pinglo | On 21 Feb 2016

The Economic Effects of a Borrower Bailout Evidence from an Emerging Market

This paper studies the credit market implications and real effects of one the largest borrower bailout programs in history, enacted by the government of India against the backdrop of the 2008–2009 fin...

by Xavier Giné | On 21 Feb 2016

Asian Monetary Integration: A Japanese Perspective

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

by Masahiro Kawai | On 21 Feb 2016

A Comparative Study Of Mergers And Acquisitions By Privately- And State-Owned Enterprises

Governments have become much more welcoming towards foreign investors over the past several decades. The widespread use of screening, performance requirements, and outright restrictions on foreign own...

by Michael Gestrin | On 19 Feb 2016

Technical Report: Observations and Reanalyses Data: Comparison and Trends in Southeast Asia

Reanalyses data sets, being temporally and spatially complete and available on six hourly timescales, are extremely convenient to use. Real observations represent the climate system with greater fidel...

by Richard Washington | On 18 Feb 2016

Volatility Spillover between the Stock Market and the Foreign Market in Pakistan

The paper examines the volatility spillover between the stock market and the foreign exchange market in Pakistan. For the longrun relationship we use the Engle Granger two-step procedure and the volat...

by Abdul Qayyum | On 17 Feb 2016

The Relationship between Corporate Governance Indicators and Firm Value: A Case Study of Karachi Stock Exchange

It is investigated whether differences in quality of firm-level corporate governance can explain the firm-level performance in a cross-section of companies listed at Karachi Stock Exchange. Therefore,...

by Attiya Y. Javid | On 17 Feb 2016

Trade Liberalisation, Financial Development and Economic Growth

This paper empirically investigates the impact of trade and financial liberalisation on economic growth in Pakistan using annual observations over the period 1961-2005. The analysis is based on the bo...

by Muhammad Arshad Khan | On 16 Feb 2016

Transboundary Pollution: Arrival of the Haze Refugee?

The ‘climate refugee’ is not a new phenomenon. We are most likely set to see thousands displaced within their own countries or across borders as a result of adverse weather in future. This year’s fore...

by | On 16 Feb 2016

Impact of Export Subsidies on Pakistan’s Exports

Throughout Pakistan’s history, policy has sought to promote exports through government support and incentives. The government machinery is geared to export promotion especially through direct and indi...

by Nadeem Ul Haque | On 16 Feb 2016

International Competitiveness— Where Pakistan Stands?

This paper attempts to assess the position of Pakistan in the International Competitiveness. As a survey paper, the concept, definition and the measurement of competitiveness have been analysed furthe...

by Uzma Zia | On 16 Feb 2016

The Emerging “Post-Doha” Agenda and the New Regionalism in the Asia-Pacific

This paper considers emerging commercial policy challenges facing the Asia-Pacific region in light of the impasse reached at the Eighth World Trade Organization (WTO) Ministerial Meeting in December 2...

by Michael Plummer | On 16 Feb 2016

Use of National Currencies for Trade Settlement in East Asia: A Proposal

This paper develops a multilateral currency system where national currencies are used for trade settlement in East Asia, comprising the Association of Southeast Asian Nations (ASEAN) member countries,...

by ll Houng Lee | On 16 Feb 2016

The Taylor Rule and the Macroeconomic Performance in Pakistan

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

by Wasim Shahid Malik | On 15 Feb 2016

What Determines Private Investment? The Case of Pakistan

This study is an attempt to analyse the determinants of private investment in Pakistan over the period 1972-2005. The ARDL co-integration approach is employed to check the existence of a long-run rela...

by Farooq Pasha | On 15 Feb 2016

Corporate Governance: An essential mechanism to curb malpractices by Organizations

The corporate governance mechanisms are market, institution and legal settings that protect outside investors from opportunistic behavior of managers or controlling shareholders. In the absence of suc...

by M. Bakhtear Uddin Talukdar | On 15 Feb 2016

The Global Energy Architecture Performance Index Report 2014

This report looks at what a new energy architecture might look like and how best-in-class enabling environments have already helped some high-ranking countries begin their transitions to more efficien...

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

Global Risks 2014

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

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

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

Foreign Aid and Growth Nexus in Pakistan: The Role of Macroeconomic Policies

Despite receiving large quantities of foreign aid, Pakistan, like many other developing countries, has remained stagnant and become more aid dependent. This grim reality has provoked a vigorous debate...

by Muhammad Javid | On 06 Feb 2016

ASEAN Integrity Community: A Vision for Transparent and Accountable Integration

Each ASEAN member state has taken some steps to addressing corruption at the national level, such as ratifying the United Nations Convention Against Corruption (UNCAC), but much more is urgently neede...

by Transparency International TI | On 05 Feb 2016

Inter-linkage between Foreign Direct Investment and Foreign Trade in Pakistan: Are they Complements or Substitute?

This study tries to investigate the inter-linkage between foreign trade and Foreign Direct Investment (FDI) in case of Pakistan. Annual data for the period 1985–2010 have been considered for eight maj...

by Unbreen Qayyum | On 03 Feb 2016

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

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

by Haider Ali | On 03 Feb 2016

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

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

by Rubina Shaheen | On 03 Feb 2016

Does Inside Ownership Matters in Financial Decisions and Firm Performance: Evidence from Manufacturing Sector of Pakistan

This study provides the evidence on the effect of managerial ownership on the firm’s performance and financial policies (debt and dividend) for 140 listed manufacturing firms of Pakistan.

by Haris Arshad | On 03 Feb 2016

Financial Flows, External Capital Structure, Institutions and Economic Growth in Asian Developing Economies

Present study is conducted to measure the impact of financial integration on economic growth in Asian developing economies using panel data of twelve Asian countries from 1984-2012. In first part of a...

by Madiha Bashir | On 03 Feb 2016

Trade Policy and Manufacturing Performance: Exploring the Level of Trade Openness in India’s Organized Manufacturing in the Period 1990-2010

This study presents industry-level evidence regarding the connection between trade policy reforms and manufacturing performance. It contributes to the existing literature in several respects. The stu...

by Deb Kusum Das | On 02 Feb 2016

Nutrition Political Economy, Pakistan Province Report: Khyber Pakhtunkhwa

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

by Shehla Zaidi | On 02 Feb 2016

Promoting Empowerment of People in Achieving Poverty Eradication, Social Integration and Full Employment Integration and Full Employment and Decent Work for All

The responses collected from the online survey on people’s empowerment contained in this report represent a collaborative effort, made possible by the answers received from people across the world on...

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

Regional Economic Integration in South Asia: Prospects and Challenges

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

by Ram Upendra Das | On 30 Jan 2016

Regional Cooperation for Regional Infrastructure Development: Challenges and Policy Options for South Asia

This paper discusses the emerging scenario in regional infrastructure development in South Asia, identifies the infrastructure challenges for the future, and provides some policy options in order to b...

by Prabir De | On 30 Jan 2016

Are Trade Openness and Financial Development Complementary?

Trade liberalization and financial deepening have assumed greater significance for a country’s economic growth performance in recent times. This paper finds that trade openness and financial developme...

by Ram Upendra Das | On 30 Jan 2016

The Impact of Formal and Informal Institutions on Economic Performance: A Cross-Country Analysis

This study is an attempt to understand the relative contribution of culture and economic freedom to economic growth. Through applying fixed effect to the panel of fifty four developed, developing and...

by Yasir Khan | On 30 Jan 2016

Women's Leadership and Corporate Performanace

Is leadership diversified in Asian corporate boardrooms? How is gender diversity in corporate leadership associated with financial performance? What is the magnitude of potential gain by allocating hu...

by Meijun Qian | On 30 Jan 2016

Making Regional Cooperation Work for South Asia’s Poor

South Asia has attracted global attention because it has experienced rapid GDP growth over the last two decades. What is not so well known is that South Asia is the least integrated region in the worl...

by Ejaz Ghani | On 29 Jan 2016

Vulnerability Indicators for Aid Allocation

Any donor has a model for allocating assistance to developing countries. The model is implicit, most often so for bilateral donors, or explicit, most often so for international institutions. Why this...

by Patrick Guillaumont | On 28 Jan 2016

Services Trade Agreement in South Asia Contours and Modalities

Available literature on regional trade integration in South Asia points to a variety of economic and non-economic factors that have slowed the integration process. The major non-economic factors inclu...

by South Asia Watch on Trade, Economics & Environment SAWTEE | On 28 Jan 2016

Enhancing Coherence and Inclusiveness in the Global Trading System in the Era of Regionalism

Over the past two decades, regional trade agreements (RTAs) have proliferated alongside the WTO system, involving a wide variety of agreements. In the absence of significant progress on the multilater...

by | On 28 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

The Relationship Between Services Trade And Government Procurement Commitments: Insights From Relevant WTO Agreements And Recent RTAS

To date, government procurement has been effectively carved out of the main multilateral rules of the WTO system. This paper examines the systemic and other ramifications of this exclusion, from both...

by Robert Anderson | On 26 Jan 2016

Infrastructure Provision , Trade And Development Prospects: Potential Role And Relevance Of The WTO Agreement On Government Procurement (GPA)

The paper, nonetheless, acknowledges that delivering these benefits would involve significant practical and political challenges. It concludes that if the challenges can be overcome and the mutual ben...

by Kodjo Osei-Lah | On 26 Jan 2016

Overcoming the Challenges of Urban Food and Nutrition Security

Despite the high contribution of urban areas to the Gross Domestic Product (GDP), urban poverty and nutrition security in India remains a challenge. Poor infrastructure, high unemployment, poor state...

by M. S. Swaminathan Research Foundation | On 26 Jan 2016

Analysis of Agricultural Performance of Andhra Pradesh and Orissa: 1960-61 to 2005-06

Persistent inter-state disparity in terms of economic and agricultural growth has emerged as a key issue in recent discussions of development policy. he present paper examines the factors that influen...

by Itishree Patnaik | On 26 Jan 2016

Decentralisation in India: A Review of Panchayati Raj Institutions in Gujarat

This paper examines how the decentralisation process has evolved over time in India from the ancient times through to the British regime to modern era. It focuses specifically on Panchayati Raj Instit...

by Madhusudan Bandi | On 25 Jan 2016

Near-Term Inflation Outlook and BB’s Policy Stance

This paper uses three alternative forecasting techniques, namely, Box-Jenkins’s Autoregressive Integrated Moving Average (ARIMA) model, unrestricted Vector Autoregression (UVAR) model and Hsiao’s Fina...

by Md. Habibur Rahman | On 23 Jan 2016

Issues of South Asian Security, and the China Factor

As the diverse countries of South Asia seek to manage changes at home, this paper suggests that China, with its new links to the region, can play a significant role, as both sides are developing stake...

by | On 23 Jan 2016

Better Ask the Parrot

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

by T.N. Ninan | On 23 Jan 2016

Expanding Education Opportunities Expanding Education Opportunities Delhi’s SC/ST tution fee reimbursement scheme

The Department for the Welfare of SC/ST/OBC/Minorities introduced the SC/ST tuition-fee reimbursement scheme in 2003-2004 for SC and ST students of Delhi enrolled in recognized unaided private schools...

by | On 22 Jan 2016

Nowcasting Indonesia

Predictions of the current state of the Indonesian economy are done by estimating a Dynamic Factor Model on a dataset of 11 indicators (also followed closely by market operators) over the time period...

by | On 22 Jan 2016

Social Inclusion, Poverty Eradication and the 2030 Agenda for Sustainable Development

This paper refers to social inclusion as a goal, process and outcome. As a universal goal, social inclusion aims to achieve an inclusive society that entails respect for human rights, cultural diversi...

by | On 19 Jan 2016

Openness and Technological Innovation in East Asia: Have They Increased the Demand for Skills?

This paper asks whether the increased openness and technological innovation in East Asia have contributed to an increased demand for skills in the region. We explore a unique firm level data set acros...

by Rita Almeida | On 19 Jan 2016

International Migration, Transfers of Norms and Home Country Fertility

This paper examines the relationship between international migration and source country fertility. The impact of international migration on source country fertility may have a number of causes, includ...

by Maurice Schiff | On 15 Jan 2016

Looking Within The Household: A Study On Gender, Food Security, And Resilience In Cocoa-Growing Communities

This study, relying primarily on qualitative data from Côte d’Ivoire, examines how income allocation and intra-household dynamics affect household resilience during the lean season. Its findings indic...

by Elizabeth Kiewisch | On 14 Jan 2016

Economic Outlook for Southeast Asia, China and India 2016

Regional integration efforts have intensified at varying levels over the years to implement the regional integration initiatives of ASEAN, ASEAN+3 and ASEAN+6. Current efforts are still not enough to...

by OECD Development Centre | On 13 Jan 2016

Institutions for Asian Integration: Innovation and Reform

The formation of regional production networks in East Asia has occurred mainly through market forces, without much help from regional institutions in promoting the creation of a single Asian market. W...

by Masahiro Kawai | On 07 Jan 2016

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

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

by Ganeshan Wignaraja | On 07 Jan 2016

Production Networks, Profits, and Innovative Activity: Evidence from Malaysia and Thailand

Cross-border production networks have been playing an increasingly important role in the Association of Southeast Asian Nations (ASEAN) countries’ trade in recent years, but micro-level studies are ra...

by Ganeshan Wignaraja | On 07 Jan 2016

Thailand Industrialization and Economic Catch-Up Country Diagnostic Study

This report identifies the main constraints to Thailand’s transition to a more modern industrial and service economy. Further major transformation is in order: this includes accelerating market reform...

by Asian Development Bank Institute | On 07 Jan 2016

The 2030 Architecture of Association of Southeast Asian Nations Free Trade Agreements

This paper investigates and analyzes the present status, potential, and prospects of Association of Southeast Asian Nations (ASEAN) free trade agreements (FTAs). The move towards the ASEAN Economic Co...

by Suthiphand Chirathivat | On 07 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

Negotiations for the Trans-Pacific Partnership Agreement: Evaluation and Implications for East Asian Regionalism

The Trans-Pacific Partnership (TPP) agreement seems to have reached a crossroads: it could either be a building block toward achieving economic integration in Asia and the Pacific, or trigger the form...

by Inkyo Cheong | On 07 Jan 2016

Multilateralizing Asian Regionalism

Motivated by the proliferation of free trade agreements (FTAs) in Asia over the last decade, this paper studies the challenges faced by the Asian “noodle bowl” — overlapping, multiple trade rules, reg...

by Richard Baldwin | On 07 Jan 2016

Regional Trade Agreements and Enterprises in Southeast Asia

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

by Ganeshan Wignaraja | On 07 Jan 2016

Regional Financial Regulation in Asia

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

by Masahiro Kawai | On 07 Jan 2016

Contribution of Different Tests in Selection

The Centre for Policy Research has, during the previous years conducted a number of examinations for assisting various public undertakings in finding suitable candidates to fill in posts both at the c...

by K. Garg | On 05 Jan 2016

Survey on Good Local Governance

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

by The Asia Foundation | On 02 Jan 2016

Democracy in Indonesia A Survey of the Indonesian Electorate 2003

This report presents the findings of The Asia Foundation’s third national survey of the ndonesian electorate. The aim of the research was to assess voter knowledge and opinion, and to identify key iss...

by The Asia Foundation | On 02 Jan 2016

Towards 'Make in South Asia' Evolving Regional Values Chains

One of the most important ways in which several of the common developmental challenges in South Asia could be addressed is by focusing on manufacturing. This paper highlights insights from the status...

by Ram Das | On 02 Jan 2016

Strategies for implementation of National Rural Livelihood Mission (NRLM)

This document clearly informs about the possible strategies that can be applied for the implementation of the NRLM. The publication not only incorporates outputs of the discussions on NRLM design but...

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

Public Debt Sustainability in Developing Asia: An Update

The paper updates debt sustainability analysis (DSA) for developing Asia, conducted in 2011. With the benefit of hindsight, the accuracy of the earlier debt ratio forecasts and underlying macroeconomi...

by Benno Ferrarini | On 29 Dec 2015

The ASEAN Economic Community: Progress, Challenges, and Prospects

The ASEAN Economic Community (AEC) was set up in 2003 with the objectives of creating a single market and production base, enhancing equitable economic development as well as facilitating the integrat...

by Siowyue Chia | On 29 Dec 2015

The India-Sri Lanka Free Trade Agreement and the Proposed Comprehensive Economic Partnership Agreement: A Closer Look

The India–Sri Lanka Free Trade Agreement has been in operation for more than a decade. The paper provides the Sri Lankan perspective of the Free Trade Agreement (FTA) highlighting both the positive ou...

by Saman Kelegama | On 29 Dec 2015

Economic Implications of Deeper South Asian–Southeast Asian Integration: A CGE Approach

The paper estimates the potential gains to be large, particularly for South Asia, assuming that the policy- and infrastructure-related variables that increase trade costs are reduced via economic coop...

by Fan Zhai | On 29 Dec 2015

Labour Cost and Export Behaviour of Firms in Indian Textile and Clothing Industry

The implementation of the Agreement on Textile and Clothing (ATC) of the World Trade Organization (WTO) renders both threats and opportunities to India’s Textile and Clothing (T&C) industry in the wak...

by Vinoj Abraham | On 26 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

On the Road to Sustainable Development: Promoting Gender Equality and Addressing Climate Change

During the 1995 Fourth World Conference on Women, the Beijing Declaration and Platform for Action reflected the importance of the interface between gender equality and sustainable development. It reco...

by United Nations Development Programme (UNDP) | On 24 Dec 2015

Connecting South Asia and Southeast Asia: A Bangladesh Country Study

Economic integration is being inhibited by the poor state of transport connectivity between Bangladesh, and South Asia and Southeast Asia. This study reviews connectivity initiatives of Bangladesh and...

by Mustafizur Rahman | On 23 Dec 2015

An Impact Evaluation of Investment in Infrastructure: The Case of the Railway Connection in Uzbekistan

The objective of this paper is to examine the nature and magnitude of the effects of infrastructure provision on regional economic performance. The empirical evidence of our analysis is based on diffe...

by Umid Abidhadjaev | On 23 Dec 2015

Doing Business Differently with Subnationals: Recommendations for Global Health Donors in Highly Decentralized Countries

This note builds on lessons learned from the Center for Global Development’s work on intergovernmental fiscal transfers for health and lays out three strategies for donors that fund organizations and...

by Amanda Glassman | On 21 Dec 2015

Teacher Incentives: Evidence from Schools in Delhi

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

by | On 21 Dec 2015

Real Exchange Rate and its Impact on Export, Import and Trade Balance: Is There any J Curve Effect in Bangladesh?

The intention of this paper is to examine whether Real Exchange Rate (RER)depreciation has any impact on export, import and trade balance of Bangladesh. Real exchange rate is calculated using Tk./do...

by Maidul Chowdhury | On 19 Dec 2015

Reserve Accumulation and Sterilized Intervention in the Foreign Exchange Market in Bangladesh: An Empirical analysis

The main intention of the paper is to investigate the extent of sterilization of Bangladesh Bank to offset the monetary expansionary effect of reserve accumulation in the foreign exchange market. To...

by Mst. Nurnaher Begum | On 18 Dec 2015

Global Sustainable Development Report, 2015 edition

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

by United Nations UN | On 17 Dec 2015

In a Weak State: Status and Reintegration of Children Associated with Armed forces and Armed Groups (CAAFAG) in Nepal

The Comprehensive Peace Agreement (CPA) signed on 21 November 2006, made an unprecedented commitment to those children who had been involved in Nepal’s decade long civil war. It stipulated that those ...

by | On 17 Dec 2015

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

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

by Nancy Birdsall | On 03 Dec 2015

Requiring Indian Utilities to Report: Harnessing Disclosure Legislation to Improve Water and Sanitation Services

The paper argues for a regular public reporting of key performance indicators by the WatSan utilities in India. It elaborates on how the policy behind these reforms could be operationalized.

by Premila Nazareth Satyanand | On 18 Nov 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

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

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

by Rajeswari Sengupta | On 19 Oct 2015

Women on Board and Performance of Family Firms: Evidence from India

This paper provides evidence on the effect of women directors on the performance of family firms with a case study of India.

by Jayati Sarkar | On 16 Oct 2015

Development Goals in an Era of Demographic Change

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

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

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

The Experience with Regional Economic Cooperation Organizations: Lessons for Central Asia

Since the collapse of the Soviet Union, Central Asia has witnessed repeated efforts to strengthen regional integration through cooperation with the establishment of a number of regional organizations...

by Johannes F. Linn | On 25 Aug 2015

Impact of Bank Credit on Economic Growth in Nepal

This study examines the impact of commercial bank credit to the private sector on the economic growth in Nepal from supply side perspectives. The study has applied Johansen co-integration approach and...

by | On 17 Aug 2015

Results from the Perception and Attitudes Towards Ageing and Seniors Survey ( 2013/2014)

In this paper the results are documented which derived from the Perception and Attitudes towards Ageing and seniors (PATAS) survey completed in early 2014. These results delve into respondents beliefs...

by Mathew Mathews | On 11 Aug 2015

Equilibrium Exchange Rate Estimation for Taka – A Co integration Analysis

This paper is an attempt to know the equilibrium exchange rate of Taka to measure exchange rate misalignment. To estimate the equilibrium real exchange rate we use macroeconomic balance approach, wh...

by Md. Akhtaruzzaman | On 11 Aug 2015

Performance of Flagship Programmes in Tamil Nadu

This study aims to provide a mid-term appraisal of the Eleventh Five Year Plan (2007-12), focusing on the performance of flagship programmes in Tamil Nadu. In this paper, a brief note on the Eleventh...

by K. R. Shanmugam | On 27 Jul 2015

Integrating South and Southeast Asia through Services Value Chain: The Case of India and Thailand

The objective of this paper is to understand the prospects of enhancing services trade, investment and co-operation between South and Southeast Asia, taking the example of India and Thailand, by focus...

by | On 13 Jul 2015

The Cost of "Coupling": The Global Crisis and the Indian Economy

This paper argues that the presumption that the Indian economy was on a robust growth trajectory decoupled in important ways from the international system is questionable. Rather, the recent boom was...

by C.P. Chandrasekhar | On 29 Jun 2015

The Similarity and Liking Effects on Interpersonal Attraction: A Test of the Two-Dimensional Cognitive Model

In the two-dimensional model of interpersonal attraction, cognitively evaluated respect for capacity of and trust in willingness to facilitate goals/needs of each other have been postulated to be nec...

by Ramadhar Singh | On 25 Jun 2015

Performance Audit of Mahatma Gandhi National Rural Employment Guarantee Scheme

This report of comptroller and auditor general of India containing the results of performance audit of the implementation of the Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGA) hig...

by Ministry of Rural Development GOI | On 02 Jun 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

The ASEAN Economic Community: Progress, Challenges, and Prospects

Serious efforts at economic integration among the Association of Southeast Asian Nations (ASEAN) members started only in 1992. Initial obstacles included the widespread pursuit of import substitution...

by Siow Yue Chia | On 14 Apr 2015

The Impossible Trinity: Where does India stand?

A comprehensive overview of a few empirical studies is presented that have explored the issue of Trilemma in the Indian context. Based on these studies an analysis is done on how have Indian policy ma...

by Satish Y Deodhar | On 30 Mar 2015

IMI-Konnect, Volume 4, Issue 3

The March 2015 issue of IMI Konnect contains the following articles - “Perceptions on Financial Inclusion”, by Basabi Bhattacharya; “Does Innovation Lie in the Eyes of the Beholder?”, by Devjani Chatt...

by IMI Konnect | On 23 Mar 2015

The India–Sri Lanka Free Trade Agreement and the Proposed Comprehensive Economic Partnership Agreement: A Closer Look

The paper provides the Sri Lankan perspective of the Free Trade Agreement (FTA) highlighting both the positive outcomes and the negative aspects. The paper shows that the FTA has worked in favor of Sr...

by Saman Kelegama | On 16 Mar 2015

Finance Commission of India’s Assessments: A Political Economy Contention between Expectations and Outcomes

The objective of this study is to examine the structural basis on which Finance Commissions make their awards rather than examining the predictability of the forecasts. The story of Finance Commission...

by | On 12 Mar 2015

Global Imbalances and Bretton Woods II Postulate

The paper intends to revisit this argument, particularly in the light of the change in deficits and surpluses in the world economy. The paper tries to trace the genesis of BWII to the debates which or...

by Krishnakumar S | On 10 Mar 2015

Working Group Report for XII PLAN - Railway Sector

Planning Commission’s Approach Paper to the Twelfth Plan lays down the objective for the Twelfth Plan as faster, more inclusive and sustainable growth. Unsettled global economy, volatile commodity pri...

by Planning Commission | On 24 Feb 2015

Mazdoor Bigul Vol.11, Jan-2015

The January 2015 edition of the periodical Mazdoor Bigul (Vol. 11).

by Subrat Das | On 20 Feb 2015

Addressing Inequality in Southeast Asia through Regional Economic Integration

The paper mainly discusses the issues and policies relating to inequality in Southeast Asia. Policies to reduce inequality include more efficient fiscal policies, improve infrastructure and generating...

by Josef Yap | On 29 Jan 2015

Governance in Sri Lanka: Lessons from Post-Tsunami Rebuilding

This article applies complex evolving systems theory to investigating the governance factors affecting rebuilding in the wake of the 2004 tsunami in Sri Lanka. It also examines the crucial processes o...

by | On 13 Jan 2015

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 Evolution of Institutions in India and its Relationship with Economic Growth

The tepid-to-torrid transformation in India’s economic growth since the early 1980s is one of the big stories of recent times. Whereas “Midnight’s children” saw their standard of living double ove...

by Arvind Subramanian | On 22 Oct 2014

Four Facts on India’s Growth in the 2000's

This paper marks the first attempt at examining the growth performance across Indian states for the 2000s, a period also marked by the global financial crisis. Four key finding emerge from the paper...

by Arvind Subramanian | On 21 Oct 2014

Economic Implications of Deeper South Asian–Southeast Asian Integration

South and Southeast Asian economic integration via increased trade flows has been increasing significantly over the past 2 decades, but the level of trade continues to be relatively low. This under pe...

by Ganeshan Wignaraja | On 22 Aug 2014

Performance of Major Social Sector Schemes: A Sample Survey Report

In this paper based on both desk research and selected sample survey of some districts in two states in India, an attempt has been made to see the efficacy and performance of the various central gover...

by H A C Prasad | On 31 Jul 2014

A Study of Policies Related to Science Education for Diversity in India

This paper presents the findings of a study concerning educational policies related to science education and diversity in India which is a geographically and socio-politically diverse country. If the...

by Sugra Chunawala | On 28 Jul 2014

The Rise of the South: Human Progress in a Diverse World

The 2013 Human Development Report, The Rise of the South: Human Progress in a Diverse World looks at the evolving geopolitics of our times, examining emerging issues and trends and also the new actors...

by Khalid Malik | On 06 May 2014

A Comparative Analysis of Recent Export Performances of China and India

Drawing on the convergence theory, one would expect that as a latecomer to integrate with the globalized economy India’s export performance would be at least on par with that of China because China’s...

by Kaliappa Kalirajan | On 12 Mar 2014

Micro, Small And Medium Enterprises In India – An Overview

MSME sector play extremely significant role in Indian economy. MSMEs have the advantages of generating gainful employment with low investment, diversifying the industrial base, reducing regional dispa...

by Puli Subramanyam | On 11 Mar 2014

Education For All Global Monitoring Report 2013/4

This edition of the Education for All (EFA) Global Monitoring Report demonstrates the reasons why education is pivotal for development in a rapidly changing world. It explains how investing wisely in...

by UNESCO UNESCO | On 30 Jan 2014

India’s Role For Promotion of Human Rights in Third Countries Through Universal Periodic Review

This report analyses India’s Role For Promotion of Human Rights in Third Countries Through Universal Periodic Review. Under the Universal Periodic Review (UPR) mechanism, the United Nations Human Righ...

by Asian Centre for Human Rights ACHR | On 23 Jan 2014

Rainfall Forecasts, Weather and Wages over the Agricultural Production Cycle

The effects of rainfall forecasts and realized rainfall on equilibrium agricultural wages are analysed over the course of the agricultural production cycle. It is shown theoretically that a forecast o...

by Mark Rosenzweig | On 13 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

Improving Public Financial Management in India: Opportunities to Move Forward

In recent years the role of a sound PFM system to achieve the objectives of fiscal discipline, strategic planning, and improved service delivery has been getting increasing public attention in India....

by Pratap Ranjan Jena | On 12 Sep 2013

Forecasting Profitability

Newly-available Indian panel data is used to estimate how the returns to planting-stage investments vary by rainfall realizations. [BREAD Working Paper No. 392]. URL:[http://ipl.econ.duke.edu/bread/pa...

by Mark Rosenzweig | On 16 Aug 2013

Does Political Competition Influence Human Development? Evidence from the Indian States

Recently, it has been argued that political competition may have similar effects on economic performance as market competition. This study empirically examines this proposition by linking political co...

by Bharatee Bhushan Dash | On 05 Jun 2013

Odisha Budget 2013-14: Part II General

Budget speech presented by Prasanna Acharya. General Budget is presented.

by Government of Orissa | On 25 Feb 2013

Performance of PDS: Better in Richer States?

How well has the PDS been functioning across the country? Do the poorer states do better or worse than the richer states? Interpreting data on PDS can be misleading unless they are read against seve...

by Shambhu Ghatak | On 14 Feb 2013

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

NATIONAL YOUTH POLICY 2003

The earlier National Youth Policy was formulated in 1988. The socio-economic conditions in the country have since undergone a significant change and have been shaped by wide-ranging technological adva...

by Ministry of Youth and Sports Affairs YAS | On 12 Sep 2012

Constraints Faced by Industry in Punjab, Pakistan

What are the main impediments to investment and industrial productivity in Punjab which have contributed to this unprecedented decline in growth? This is done by analyzing the 2007 Investment Climate...

by Syed Turab Hussain | On 08 Aug 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

Philippine Productivity Dynamics in the Last Five Decades and Determinants of Total Factor Productivity

The paper reviews the economic growth and productivity dynamics of Philippine economy in the past fifty years. The paper also provides an estimation of determinants of total factor productivity and la...

by Gilberto M Llanto | On 29 May 2012

Philippine Economy: Sluggish in 2011, Bullish in 2012?

The Philippine domestic economy shrunk to 3.7 percent in 2011, after a growth of 7.6 per cent in 2010. Outlook for 2012 is relatively sanguine with the government hinging its optimism on robust ...

by Senate Economic Planning Office SEPO | On 20 Apr 2012

Do Changes in Distance-to-default Anticipate Changes in the Credit Rating?

Distance-to-default (DtD) from the Merton model has been used in the credit risk literature, most successfully as an input into reduced form models for forecasting default. [WP-2012-010]. URL:[http:...

by Nidhi Aggarwal | On 10 Apr 2012

How has the Indian Corporate Sector Responded to Two Decades of Economic Reforms in India? An Exploration of Patterns and Trends

In the context of various policy initiatives made during the last two decades to reform the Indian economy in general and corporate sector in particular, the present paper attempts to assess how the...

by Rakesh Basant | On 07 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

Are Saving and Investment Cointegrated? A Cross Country Analysis

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

by Sanjib Bordoloi | On 14 Feb 2012

Causal Relationship between Saving, Investment and Economic Growth for India – What does the Relation Imply?

This study investigates the relationship between saving, investment and economic growth for India over the period 1950-51 to 2007-08. The literature on the role of saving in promoting economic growt...

by Ramesh Jangili | On 09 Feb 2012

Myanmar’s Reforms: The Challenges Ahead

The release of many high-profile political prisoners by Myanmar’s government has been applauded by the international community. Many obstacles to reform still exist, but they are not the usual suspect...

by Kyaw San Wai | On 24 Jan 2012

India’s Draft Universal Periodic Report-II: A Case of Forced Marriage?

The paper has the objective of viewing the condition of women in terms of freedom of choice, freedom and expression and right of privacy. Also it views violence against women.

by Asian Centre for Human Rights ACHR | On 20 Jan 2012

Foreign Direct Investment and Economic Growth in Pakistan: A Sectoral Analysis

This paper establishes an empirical relationship between industry -specific foreign direct investment (FDI) and output under the framework of Granger causality and panel cointegration for Pakistan o...

by Muhammad Arshad Khan | On 03 Jan 2012

The Effect of Foreign Remittances on Schooling: Evidence from Pakistan

The underlying study intends to show the impact of foreign remittances on the educational performance of children in the households receiving these remittances. Much of the literature in this area c...

by Muhammad Nasir | On 13 Dec 2011

China’s Financial Integration into the World Economy: Scrutinising China‘s International Investment Position

Possible scenarios for China and the world economy until 2015 is looked at. In all of them, China will continue to accumulate FX reserves, so that reserve assets will remain the largest component of...

by Catherine Shu Ling Tan | On 08 Dec 2011

'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 Are Markets Made?

The purpose of this paper is to analyze the making of markets. The paper identifies two ideal-typical processes in which markets are made – organized making and spontaneous making – which are often...

by Patrik Aspers | On 29 Nov 2011

The Determinants of Export Performance of China's Township-Village Enterprises

The rapid export growth of China's township-village enterprises (TVEs) has not been well understood and explained. Using a simple analytical model and exploring a unique dataset on China's TVEs the...

by Changqi Wu | On 08 Nov 2011

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

The Seed and Agricultural Biotechnology Industries in India: An Analysis of Industry Structure, Competition, and Policy Options

This paper examines the structure of India’s cereal seed and agbiotech industries, its potential effects on innovation and social welfare, and the policies that may improve both industry performance a...

by David J Spielman | On 31 Aug 2011

Objects and Accomplishments of Participatory Irrigation Management Programme in India: An Open Pair of Scissors

Participatory irrigation management programme as a prelude to irrigation management transfer to users is being set up by many states for over five years now. Though it is recognized that the governm...

by R Parthasarathy | On 25 Aug 2011

Configuring Balanced Scorecards for Measuring Health System Performance: Evidence from 5 Years’ Evaluation in Afghanistan

In 2004, Afghanistan pioneered a balanced scorecard (BSC) performance system to manage the delivery of primary health care services. This study examines the trends of 29 key performance indicators ov...

by Edward Anbrasi | On 04 Aug 2011

Transfer Paths and Academic Performance: The Primary School Merger Program in China

In this paper, the overall goal is to examine the impact of the Rural Primary School Merger Program on academic performance of students using a dataset from a survey that we designed to reflect tran...

by Alexis Medina | On 27 Jul 2011

A Thousand Industries In A Thousand Days? State Business Relations and The Puzzle of Orissa's Industrial Performance

In this paper, the phenomenon of 'two types of industrialisation' in Orissa is documented where a fast growing resource based manufacturing sector has co-existed with a stagnant non-resource based...

by Alivelu G | On 11 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

Non-financial Reporting – What, Why and How - Indian Perspective

The importance of non-financial reporting in the overall assessment of a company's performance, its risk-return trade off is steadily gaining ground, both globally and in India. [Address by Dr K. C...

by Chakrabarty K C | On 10 Jun 2011

HIV/AIDS Monitor: Are Funding Decisions Based on Performance?

Linking funding decisions to performance can help the best programs continue and give program managers strong incentives to lead their programs well. Performance-based funding can also have unintended...

by Nandini Oomman | On 31 May 2011

India’s Policy Deficit: As I Look At It

Policies, be they administrative, economic, educational, scientific, social or regarding anything else, are necessarily grounded in some ideology; relating to the conception of an ideal man, an i...

by S.K. Mishra | On 24 May 2011

A State in Periodic Crisis: Andhra Pradesh

This monograph looks at the periodic crisis that overwhelmed the state of Hyderabad. URL: [http://www.cess.ac.in/cesshome/mono/CESS_Monograph_11_BPR.pdf]

by B P R Vithal | On 17 May 2011

India: Kal, Aaj Aur Kal

All across the board growth forecasts for this year are being revised downwards. What has changed in the last few months? http://www.indicus.net

by Sumita Kale | On 08 May 2011

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

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

by Amelia U. Santos Paulino | On 11 Mar 2011

Sarva Shiksha Abhiyan, GOI 2010-11

Using government data, this brief reports on Sarva Shiksha Abhiyan (SSA) performance along the following parameters: a) Overall trends in allocation and expenditures, b) Expenditure performance across...

by Avani Kapur | On 26 Feb 2011

An Ethnobiography of Teyyam Performance from a Practitioner’s Perspective

Rajesh Komath gives a description the conflicts between his socio-material position as a Teyyam performer, and persona/personality as a student of economics.

by Smriti Vohra | On 26 Feb 2011

Profitability of Foreign Banks vis-à-vis Other Bank Groups in India – A Panel Data Analysis

The paper analysed the financial performance of foreign banks in comparison with other bank groups in India. The study assumes importance in the context of the on-going preparation of roadmap for th...

by P B Rakhe | On 22 Feb 2011

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

South Asian Integration Prospects and Lessons from East Asia

In the context of the low levels of regional cooperation among South Asian countries when compared with the successful results from cooperation in East Asia (consisting of South East and East Asian...

by Ramesh Chandra | On 18 Feb 2011

Decentralization, Corruption, and Government Accountability: An Overview

The impact of government decentralization on economic performance and growth is a hotly contested issue. Waves of decentralization occurred in many developing countries over the past few decades, fo...

by Pranab Bardhan | On 10 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

The Contribution of the New Institutional Economics to an Understanding of the Transition Problem

Institutions and the way they evolve shape economic performance. Institutions affect economic performance by determining (together with technology employed) the cost of transacting and producing. They...

by Douglass C. North | On 04 Feb 2011

Learning about Schools in Development

There has been considerable progress in school construction and enrollment worldwide. Paying kids to go to school can help overcome remaining demand-side barriers to enrollment. Nonetheless, the qual...

by Charles Kenny | On 29 Dec 2010

Revisiting Group Dynamic and Legal Rights

BRAC Human Rights and Legal Services Programme (HRLS) has initiated to form ward-based Legal Rights Implementation Committee (LRIC) comprised of 19 members to ensure justice for the vulnerable women...

by Debasish Kumar Kundu | On 14 Dec 2010

How Can Donors Create Incentives for Results and Flexibility for Fragile States? A Proposal for IDA

International Development Association (IDA) donors and others operating a country performance-based allocation system face two difficult problems: how to strengthen incentives to produce and document...

by Alan Gelb | On 29 Nov 2010

The Causal Relationship between Information and Communication Technology and Foreign Direct Investment

This paper investigates the simultaneous causal relationship between investments in information and communication technology (ICT) and foreign direct investment (FDI), with reference to its implica...

by Roghieh Gholami | On 22 Nov 2010

The Financial Crisis, Rethinking of the Global Financial Architecture, and the Trilemma

This paper extends their previous paper (Aizenman, Chinn, and Ito 2008) and explores some of the unexplored questions. First, they examine the channels through which the trilemma policy configurations...

by Joshua Aizenman | On 08 Nov 2010

Integration of India’s Financial Markets on the Domestic and International Fronts: An Emperical Analysis of the Post-Liberalisation Period. June 2010

Against the backdrop of financial liberalisation, this paper examines India’s financial integration, both on the domestic and international fronts. Preliminary analysis of the secondary data shows ...

by Gargi Sanati | On 29 Oct 2010

Imperatives of Regional Economic Integration in Asia in the Context of Developmental Asymmetries: Some Policy Suggestions

Regional economic integration agreements are considered to be important policy mechanisms to address regional developmental asymmetries. The Asian reality is characterized by developmental asymmetri...

by Ram Upendra Das | On 15 Oct 2010

Inflation and Economic Growth in Bangladesh: 1981-2005

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

by Shamim Ahmed | On 14 Oct 2010

Financial Crisis, Trade Finance, and SMEs: Case of Central Asia

This paper surveys studies of the importance of Central Asian small- and medium-sized enterprises (SME) in the economy and their experience during the Russian financial crisis. It also uses survey dat...

by Gloria O. Pasadilla | On 13 Oct 2010

Modelling and Forecasting Seasonality in Indian Macroeconomic Time Series

This paper models the univariate dynamics of seasonally unadjusted quarterly macroeconomic time series for the Indian economy including industrial production, money supply (broad and narrow measures...

by Pami Dua | On 08 Oct 2010

Electricity Demand Analysis and Forecasting- The Tradition is Questioned

The present paper seeks to cast scepticism on the validity and value of the results of all earlier studies in India on energy demand analysis and forecasting based on time series regression, on three...

by N. Vijayamohanan Pillai | On 05 Oct 2010

An Analysis of Padddy Productive Growth in West Bangal and Orrisa

Eastern India has emerged as a new center of growth in the agricultural sector since 1980’s. Over the period 1984/85-1994/95, the foodgrain production increased at a compound annual rate of 3.1% pe...

by Renuka Pillai | On 05 Oct 2010

Who Are the MDG Trailblazers? A New MDG Progress Index

In September, world leaders will assemble in New York to review progress towards the Millennium Development Goals (MDGs). Ahead of the ensuing discussions, we examine how individual countries are fari...

by Benjamin Leo | On 29 Sep 2010

India in the Global and Regional Trade: Determinants of Aggregate and Bilateral Trade Flows and Firms’ Decision to Export

This paper contributes to two strands of literature on empirical models of trade flows and trade policy. The first and the older strand is that of gravity models of bilateral trade flows going back...

by T.N. Srinivasan | On 20 Sep 2010

Determinants of Weekly Yields on Government Securities in India

This paper examines the determinants of the Government yields in India using weekly data from April 2001 through March 2009. The analysis covers Treasury Bills with residual maturity of 15-91 day...

by Pami Dua | On 13 Sep 2010

Understanding the ADR premium under market segmentation

Capital controls can induce large and persistent deviations from the Law of One Price for cross-listed stocks in international capital markets. A considerable literature has explored rm-speci c fac...

by Matthieu Stigler | On 09 Sep 2010

Rice Economy of Kerala: A Disaggregate Analysis of Performance

This working paper discusses the rice economy of Kerala, with a disaggregate analysis of its performance. [Working Paper No. 231]

by P.S. George | On 31 Aug 2010

Do Professionals Choke Under Pressure?

High rewards or the threat of severe punishment do not only provide incentives to exert high levels of effort but also create pressure. Such pressure can cause paradoxical performance effects, namel...

by Thomas J. Dohmen | On 06 Aug 2010

Asian Economic Integration ASEAN+3+1 or ASEAN+1s?

In this paper an attempt is made to evaluate the most efficient approach to regional economic integration in Asia. Given that ASEAN is an existing regional bloc in Asia, alternative approaches to the...

by Amita Batra | On 04 Aug 2010

Regional Economic Integration and FDI in South Asia : Prospects and Problems

The slow progress and modest achievements of regional integration in South Asia have generated a huge amount of skepticism about its role as an effective strategy of growth. The present study, howev...

by Aradhna Aggarwal | On 22 Jul 2010

The State of the Indian Economy 2009-10

Despite signs of recovery from the global financial crisis, the GDP growth rate for the Indian economy is likely to be between 5.8 to 6.1 per cent in 2009-10, below the 6.7 per cent recorded in fisc...

by Mathew Joseph | On 14 Jul 2010

Crop Insurance in India

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

by Gurdev Singh | On 06 Jul 2010

Disarmament, Demobilization, and Reintegration: The co-evolution of concepts, practices, and understanding

The paper examines the programs for Disarmament, Demobilization and Reintegration (DDR) and concludes that DDR is set to remain an important tool, and that it is most effective when used flexibly, app...

by Walt Kilroy | On 16 Jun 2010

Impact Assessment of CFPR/TUP: A Descriptive Analysis Based on 2002-2005 Panel Data

This paper looks at the overall performance of the CFPR/TUP programme using the 2002 baseline survey and 2005 repeat survey. All the topics covered in this study could be analysed more deeply, but tha...

by Mehnaz Rabbani | On 15 Jun 2010

Girls in Science and Technology Education: A Study on Access, Participation, and Performance of Girls in Nepal

This paper is a study on Access, Participation, and Performance of Girls in Science and Technology in Nepal. This study was undertaken essentially to achieve four objectives, viz. to review curricular...

by Dr. Vidya Nath Koirala | On 03 Jun 2010

All the PM's men

In this article TN Ninan looks at the how the 15 economic ministers have performed. He starts with the finance minister whose record seems very patchy as he has not been able to deal with inflation an...

by T.N. Ninan | On 27 May 2010

Restoring the Asian Silk Route: Toward an Integrated Asia

Lack of full regional connectivity is one of the major constraints hindering regional growth and integration in Asia, as well as with the rest of the world. One of the conclusions of this paper is tha...

by Biswa N Bhattacharyay | On 11 Aug 2009

Enhancing Newborn Care

INHP-II promoted a set of simple interventions to influence neonatal outcomes, including antenatal tetanus toxoid, clean delivery and core care, early and exclusive breastfeeding and thermal care, as...

by Rachna Program | On 07 Jul 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

Crises, Capital Controls, and Financial Integration

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

by Eduardo Yeyati | On 27 Jun 2009

Financial Development and Velocity of Money in Bangladesh: A Vector Auto- Regression Analysis

The study uses co-integration and vector auto-regression (VAR) techniques to identify the determinants of income velocity of money (VM) in Bangladesh, covering both narrow and broad money. The study o...

by Md. Akhtaruzzaman | On 15 Jun 2009

India’s Approach to Capital Account Liberalization

In this paper, the author analyzes India’s approach to capital account liberalization through the lens of the new literature on financial globalization. India’s authorities have taken a cautious and c...

by Eswar S. Prasad | On 09 Jun 2009

Liberalization with Endogenous Institutions: A Comparative Analysis of Agricultural Reform in Africa, Asia and Europe

Thirty years ago, a vast share of the poor and the middle income countries were heavily state-controlled. The effects of the liberalizations in the 1980s and 1990s differed strongly between regions in...

by Johan F.M. Swinnen | On 02 Jun 2009

The Asian “Noodle Bowl”:Is It Serious for Business?

A lively debate is taking place over the impact of free trade agreements (FTAs) on East Asia's business between those who view the agreements as a harmful Asian "noodle bowl"—i.e., overlapping regiona...

by Masahiro Kawai | On 13 May 2009

Motivating Politicians: The Impacts of Monetary Incentives on Quality and Performance

Using exogenous variation in the salaries of local legislators across Brazil’s municipal governments this paper examines whether higher wages attract better quality politicians and improve political p...

by Claudio Ferraz | On 16 Apr 2009

Impact of the Global Financial Crisis on India Collateral Damage and Response

The impact of economic crisis on India has been analysed in the speech. [Speech delivered at the Symposium on 'The Global Economic Crisis and Challenges for the Asian Economy in a Changing World'].

by Duvvuri Subbarao | On 24 Feb 2009

Al Qaeda in the West as a Youth Movement: The Power of a Narrative

In recent years there has been a strong focus on ‘Islamic radicalisation’ in Europe, due both to the threat of terrorism and its security implications, and to the issue of integrating second generat...

by Olivier Roy | On 22 Jan 2009

Performance of Indian Cement Industry: The Competitive Landscape

The competitiveness among the firms in Indian cement industry has also been evaluated. For the year 2006-07, out of the sample of seventeen firms (90.21% of the total market share), about 47% have re...

by G Burange | On 19 Nov 2008

Traditional Water Harvesting for Domestic Use: Potential and Relevance of Village Tanks in Gujarat's Desert Region

Recognising the dearth of detailed analyses of economic and environmental performance of traditional water harvesting systems (TWHS) meant exclusively for domestic use, this paper enquires into the re...

by Keshab Das | On 26 Sep 2008

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

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

by Dr Johannes Stephan | On 16 Sep 2008

Factors Influencing the Performance of Indian and Chinese Software Firms

This paper analyses the determinants of growth and profit behaviour of the Chinese and Indian IT Software firms.

by N.S. Siddharthan | On 30 Jul 2008

Sustainable Economic Growth for India

Use of Macroeconometric models has by now assumed a measure of universality as an unavoidable aid to forecasting and policy analysis; challenges and controversies spread over more than two decades not...

by V. Pandit | On 26 Jun 2008

Interest Rate Modeling and Forecasting in India

The interest rate is a key financial variable that affects decision of consumers, businesses, financial institutions, professional investors and policymakers. Timely forecast of interest rates can the...

by Pami Dua | On 13 Jun 2008

Hindi Periodicals: The Little Tradition

How is it that India’s leading language does not even have a national magazine, commercial or otherwise, worth its name but can yet support a number of literary periodicals with readerships running...

by mahmood farooqui | On 28 May 2008

Introducing the Railway Budget 2008-2009

Speech of Lalu Prasad

by Lalu Prasad | On 27 Feb 2008

Visible Hand: Public Policy nd Economic Growth in the Nehru Era

This paper investigates the relationship between the policy regime and growth during 1950-64 termed here ‘the Nehru era’. While there exist valuable early appraisals of the period, access to new data...

by Pulapre Balakrishnan | On 28 Jan 2008

Technology Acquisition and Managing Technology Discontinuity

This paper lays a new road map with (a) technology forecasting capabilities, (b) technology acquisition with strategic fit, and (c) investing in strategic options as key responses to management of tec...

by A.S. Rao | On 14 Jan 2008

Reproductive Health Research Priorities in India: a Framework for Action

A research framework is proposed that needs to be pursued in order to achieve RCH goals in time bound manner. It is being argued that need for additional research inputs largely stems from the current...

by Dinesh Agarwal | On 01 Oct 2007

Predicting Indian Business Cycles: Leading Indices for External and Domestic Sectors

This paper evaluates the real-time performance of the growth rate of the DSE-ECRI Indian leading index for exports for predicting cyclical downturns and upturns in the growth rate of Indian exports. T...

by Pami Dua | On 14 Aug 2007

Participatory Equity, Identity, and Productivity Policy Implications for Promoting Development

This paper tries to advance the perspective that the poor and the marginalized in society lack a sense of “participatory equity,” by building a new model where a person’s community identity matters, e...

by Kaushik Basu | On 07 Aug 2007

Better Than the Rest

India’s good economic performance and friendlier ties with important countries that have been either distant or hostile, is achieved by a leader with whom the country can feel at ease. But Dr. Manmoha...

by T.N. Ninan | On 06 Aug 2007

Book Review: Debating India's Future

Review of: The Future of India – Economics, Politics and Governance by Bimal Jalan, Penguin books, New Delhi.

by G Narasimha Raghavan | On 03 Aug 2007

Pakistan Budget 2007-08

Budget speech for the year 2007-08 by Minister of Finance, Omar Ayub Khan

by Omar Ayub Khan | On 29 Jun 2007

Implications of the Growing Role of Services in Asia

This article analyses the importance of international commercial service transactions relating to both trade and investment, which form an essential element of analyzing production fragmentation and e...

by Mukul Asher | On 17 Apr 2007

Supply Chain Issues In The Indian Poultry-meat Industry: The Case Of a Vertically-integrated Farm

The world poultry-meat industry is growing the fastest among all the meat categories due to increasing concerns for health, safety, convenience and variety, and price-competitiveness. Issues related t...

by Subrata Mitra | On 08 Mar 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

The Integration of Religious Minorities in China: The Case of Chinese Muslims

This paper discusses the integration of religious minorities in China, in particular, of the Hui Muslims. From the pre-Islamic relations between Arabia and China, to the Song period, the Mongol period...

by Donald Daniel Leslie | On 14 Dec 2006

The North American Journal of Economics and Finance, October 2006: Asian Regionalism: a Symposium

Introduction: Regional integration in Asia editorial by Ramkishen S. Rajan Production fragmentation and trade integration: East Asia in a global context by Prema-chandra Athukorala and Nobuaki Yamas...

by The North American Journal of Economics and Finance | On 05 Nov 2006

High Achievement in Mathematics and the Girl Child

This article reports on an investigation of the position of girls in respect of high achievement in mathematics. It is also aimed to collect and accumulate the reflections of of peopla asociated with...

by Satyendra N. Giri | On 30 Oct 2006

Monetary Regionalism in Asia Revisited

Given the divergence in economic and institutional structures in the region, any attempt to create a common currency absent macroeconomic policy coordination and mechanism for automatic intra-regional...

by Ramkishen S. Rajan | On 30 Oct 2006

Financial Integration in East Asia: How Far? How Much Further to Go?

Despite numerous empirical studies examining various facets of the topic, the degree of intraregional financial integration in East Asia remains a matter of vigorous debate. This paper offers a select...

by Tony Cavoli | On 07 Feb 2006

Macroeconomic and Monetary Developments: Third Quarter Review 2005-06

Contents I. The Real Economy -- 1 Agricultural Situation Industrial Performance Business Expectations Surveys Services Sector II. Fiscal Situation 14 Combined Government Fi...

by Reserve Bank of India | On 25 Jan 2006

Taking Stock of Monetary and Financial Regionalism in Asia

Lecture at RIS, New Delhi December 2005

by Ramkishen S. Rajan | On 12 Jan 2006

Development of National Infrastructures open to Asia and the Role of Fukuoka

The Asian Age is coming and these are some of the factors aiding it. The reduction of the domestic market (decrease in population, development of service economy and increase in imports); Dissolution...

by Akira Yamasaki | On 22 Nov 2005

East Asian Integration: Opportunities for Fukuoka and Japan

In order to advance regional integration in East Asia, there needs to be a rapid expansion of FTAs. The obstacles in promotion of FTAs need to be resolved. Some of the features in realising FTAs are:...

by Shujiro Urata | On 22 Nov 2005

False Dawn on Budget Front

Essentially, the Outcome Budget (OB) as formulated now is nothing more than the performance budget with a promise that it would be extended to non-plan outlays too. As an idea, regardless of the labe...

by A. Premchand | On 20 Sep 2005

Aid and Growth: What Does The Cross-Country Evidence Really Show?

We examine the effects of aid on growth--in cross-sectional and panel data--after correcting for the bias that aid typically goes to poorer countries, or to countries after poor performance. Even afte...

by Raghuram G. Rajan | On 06 Aug 2005