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Economics and the Ecosystem

The essays collected here grapple with different aspects of what, if natural scientists are to be believed, is the most profound set of issues humanity has ever faced. The United Nations Framework Con...

by World Economics Association | On 29 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

Improving Subnational Government Development Finance in Emerging and Developing Economies: Towards a Strategic Approach

This paper reviews the rationale and potential for improving subnational development finance, outlines the overall landscape of institutional arrangements available for this purpose, and considers bro...

by Paul Smoke | On 18 Feb 2019

Outward FDI and Crossborder M&As by Indian Firms: A Host Country-Level Analysis

This paper tries to understand the trends and the pattern of Outward Foreign Direct Investment (OFDI) by Indian firms and the factors that determine OFDI from India through Cross-Border Mergers and Ac...

by P.L. Beena | On 31 Jan 2019

Multi- Product Firms, Tariff Liberalization and Product Churning in Vietnamese Manufacturing

This study documents the frequency and characteristics of multi-product firms in Vietnamese manufacturing. The major findings are as follows. First, multi-product firms are larger, more capital-intens...

by Ha Thi Thanh Doan | On 29 Jan 2019

Health and Disaster Risk Management in India

This paper presents an overview of India’s health capacity in managing disaster risks. It looks at demographic, epidemiological and developmental transitions in India and how that impacts decision mak...

by Supriya Krishnan | On 14 Jan 2019

Industrialization of Developing Countries in a Multicountry, Multisector Capital Accumulation Model

This paper shows that industrialization of developing countries, defined as start of production of investment goods, happens when their share in global production exceeds the global demand for consump...

by Tadateru Hayashi | On 02 Jan 2019

The Impact of Trade Conflict on Developing Asia

This paper analyzes the effects of the current trade conflict on developing Asia using the Asian Development Bank’s Multiregional Input–Output Table (MRIOT), allowing us to calculate the impact on ind...

by Abdul Abiad | On 21 Dec 2018

Social Funding of Green Financing: An Application of Distributed Ledger Technologies

This paper contributes to the literature in two ways: First, it delineates a concrete application of DLTs in the field of green financing, which offers the potential to increase social welfare. Second...

by Naoyuki Yoshino | On 20 Nov 2018

Translating Women’s Voices into Action in Mongolia: Addressing Gender-Based Violence through Investments in Infrastructure

The aim of the paper is to contribute to the discussion on the role of multilateral financing in directly addressing gender-based violence; specifically, the ways in which infrastructure investments c...

by Tsolmon Begzsuren | On 29 Oct 2018

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

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

by Cyn-Young Park | On 26 Oct 2018

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

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

by Maria Teresa Punzi | On 19 Oct 2018

Rationale and Institution for Public – Private Partnerships

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

by Jungwook Kim | On 19 Sep 2018

Bride Price and Female Education

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

by Nava Ashraf | On 17 Sep 2018

The Impact of Nationally Determined Contributions on the Energy Sector: Implications for ADB and Its Developing Member Countries

This report assesses the impact of NDCs on the energy sectors of ADB’s DMCs in terms of projected changes to the power mix, anticipated investment in energy technologies, as well the resulting emissio...

by Yongping Zhai | On 16 Aug 2018

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

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

by Ranaporn Tantiwechwuttikul | On 13 Aug 2018

Deriving Macroeconomic Benefits from Public–Private Partnerships in Developing Asia

This paper develops a framework identifying channels through which economic gains can be derived from PPP arrangement. The framework helps derive an empirically tractable specification that examines h...

by Minsoo Lee | On 11 Aug 2018

Determinants of Public–Private Partnerships in Infrastructure in Asia: Implications for Capital Market Development

This study attempts to understand the role of greater access to finance, i.e., stocks, bonds, and bank loans, in public–private partnership (PPP) investment in developing countries. Most developing co...

by Suk Hyun | On 10 Aug 2018

Hazard Analysis on Public–Private Partnership Projects in Developing Asia

. This paper applies survival time hazard analysis to estimate how project-related, macroeconomic, and institutional factors affect the hazard rate of the projects. Empirical results show that governm...

by Minsoo Lee | On 25 Jul 2018

Alternate Instruments to Manage the Capital Flow Conundrum: A Study of Selected Asian Economies

The paper analyses a nationally representative data set from India for the year 2013 in order to provide evidence on how short term migration is affected by household's ownership of land, and particip...

by Rajeswari Sengupta | On 25 Jul 2018

Portfolio Composition and Valuation Effects in Emerging Market Economies

Gross capital inflows and outflows to and from emerging market economies (EMEs) have witnessed a significant increase since early 2000s. This rapid increase in these flows accompanied by sharp rise in...

by Ashima Goyal | On 25 Jul 2018

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

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

by Savia Hasanova | On 19 Jul 2018

Results of the Assessment of the Motor Vehicle User’s Charge Utilization in the Philippines

This paper finds that transparency and efficiency in collection should be improved through automation and accurate recording. Project identification and investment programming must also adhere to the...

by Sheilah G. Napalang | On 29 Jun 2018

Maternal Education, Parental Investment and Non-Cognitive Characteristics in Rural China

This paper evaluates the parental response to non-cognitive variation across siblings in rural Gansu province, China, employing a household fixed effects specification; the non-cognitive measures of i...

by Jessica Leight | On 26 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

Global Banking Network and Regional Financial Contagion

This paper investigates and tests the role of regional exposures in financial contagion from advanced to emerging market economies through the global banking network using data on cross-border bilater...

by Cyn Young Park | On 31 May 2018

Accessing Opportunities: Policy Decisions for Enhancing Urban Mobility

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

by Paul Collier | On 30 May 2018

Shadow Price of CO 2 Emissions in Indian Thermal Power Sector

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

by | On 29 May 2018

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

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

by Girish Bahal | On 07 May 2018

Cold Chain Development for Fruits & Vegetables in India

This supply chain allows us to analyze the time- and distance-related aspects of cold-chain investment.

by Man Mohan Sodhi | On 27 Apr 2018

Revisiting Rates of Return to Agricultural R&D Investment

This study proposes the use of partial least squares to determine the key parameters of the perpetual inventory method model of capital stock as a new approach to calculate research and development (R...

by Alejandro Nin Pratt | On 13 Apr 2018

Special Economic Zones for Myanmar

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

by Amit K. Khandelwal | On 12 Apr 2018

ICT investment and economic growth in India: An industry perspective

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

by K L Krishna | On 04 Apr 2018

Domestic Resource Mobilisation for Development: An Analysis for the Past Trends and Future Options

The paper says that average saving rate over 1990-91 to 1995-96 has been only 14.7 percent of GDP.

by Sarfraz Qureshi | On 30 Mar 2018

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

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

by Fazal Hussain | On 27 Mar 2018

Fiscal Policy, as the “Employer of Last Resort”: Impact of MGNREGS on Labour Force Participation Rates in India

The paper examines the impact of conditional fiscal transfers on public employment across gender in India taking the case of the Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS). Th...

by Lekha Chakraborty | On 19 Mar 2018

It’s all in the Stars: The Chinese Zodiac and the Effects of Parental Investments on Offspring’s Cognitive and Noncognitive Skill Development

The importance of (early) parental investments in children’s cognitive and noncognitive outcomes is a question of deep policy significance. However, because parental investments are arguably endogeno...

by Chih Ming Tan | On 16 Mar 2018

The Contribution of Workers’ Remittances to Economic Growth in Pakistan

The paper says that the role of workers’ remittances in economic development of recipient countries is considered to be an important area of research.

by Zafar Iqbal | On 15 Mar 2018

Investment Choice with Managerial Incentive Schemes

In this paper we show that firms might get an additional strategic benefit from using marginal-cost-reducing investments in conjunction with a managerial incentive scheme. While both these instrumen...

by | On 12 Mar 2018

Managing Financial Globalization: Insights from the Recent Literature

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

by Shang-Jin Wei | On 10 Mar 2018

The Multilateral Legal Instrument: A Developing Country Perspective

This paper makes an attempt to assess whether this instrument has succeeded in bringing about the desired changes. A unique database is constructed on the basis of these country positions. Using this...

by Suranjali Tandon | On 03 Mar 2018

Business Cycle Measurement in India

This paper presents the business cycle chronology for the Indian economy. Two distinct phases are analysed. The pre-1991 period when the cycles were mainly driven by monsoon shocks. The post 1991 phas...

by Radhika Pandey | On 03 Mar 2018

Internationalisation of the Rupee

This paper evaluates the current status of the Indian Rupee as an international currency using the Chinn and Frankel (2008) framework, and explores the possibility of future Indian Rupee international...

by Shekhar Hari Kumar | On 27 Feb 2018

Indigenisation of Lithium ion Battery Manufacturing: A Techno-economic Feasibility Assessment

The paper says that the Government of India (GoI) recently announced plans for transition to all electric transportation by 2030.

by Tanmay Sarkar | On 26 Feb 2018

India and Bhutan: The Strategic Imperative

Prime Minister Narendra Modi seemed aware about the nuances that underpin India's cultural and political obligations in Asia. By making Bhutan as his first visit abroad followed by a visit to Nepal, h...

by | On 20 Feb 2018

Determinants of R&D Behavior of Foreign Firms in India

In the recent past researchers have observed paradigm shifts in the location and nature of R&D activities undertaken by multinationals in host countries. India is one of the host countries for the R...

by Savita Bhat | On 13 Feb 2018

Pakistan’s Inter Services Intelligence (ISI) in North East India

The report says that the ISI has been equally thorough and ruthless in repressing political opponents to the military regimes that have ruled over Pakistan for more than half of its fiftyseven years o...

by Harinder Sekhon | On 12 Feb 2018

The 2018 Budget Speech: Malaysia

Budget speech by Finance Minister of Malaysia.

by Minister of Finance Malaysia | On 09 Feb 2018

A Shift from Crime to Terrorism: Assessing D-Company

This paper offers an analysis of the causes behind the changing philosophy and practices of one of the well-known crime organizations from India to move closer towards terrorism to support its crimina...

by Ajey Lele | On 09 Feb 2018

Proceedings of the Workshop: State of the Art of Local Governance - Challenges for the Next Decade

The discussions in the workshop ranged from scrutinizing overall models of governance via technical and administrative applications to philosophical debates about the core values of democracy

by Bent Jörgensen | On 07 Feb 2018

Citizen Engagement, Deliberative Spaces and the Consolidation of a Post-Authoritarian Democracy: The Case of Indonesia

This paper argues that support for citizen participation and accountability among civil society actors can consolidate local deliberative spaces and improve the performance of local government.

by Hans Antlöv | On 07 Feb 2018

A New Measure of Inter-industry Distance and Its Application to the U.S. Regional Growth

The paper also suggests that our index can serve as an alternative measure of the industrial linkages.

by Yoon Joon | On 01 Feb 2018

State of State Finances 2018

Several states such as Delhi, Punjab, Haryana, Maharashtra, Tamil Nadu and Karnataka raise a majority of their revenue from their own taxes. On the other hand, Jammu and Kashmir, Assam, and Bihar rai...

by Mandira Kala | On 01 Feb 2018

Economic Survey 2017: Volume II, Chapter 10: Social Infrastructure, Employment and Human Development

The report says that investment in human capital is a prerequisite for a healthy and productive population for nation building.

by Arun Jaitley | On 31 Jan 2018

Economic Survey 2017: Volume II, Chapter 9: Services Sector

The report says that as per the UN National Accounts Statistics data, India’s ranking improved from 14th position in 2006 to 7th position in 2016, among the world’s 15 largest economies in terms of ov...

by Arun Jaitley | On 31 Jan 2018

Economic Survey 2017: Volume II: Chapter 6: External Sector

India’s external sector continued to be resilient and strong in 2017-18 so far, with the Balance of Payments situation continuing to be comfortable with the Current Account Deficit at 1.8 percent of ...

by Arun Jaitley | On 31 Jan 2018

Economic Survey 2017: Volume II, Chapter 2: Review of Fiscal Developments

Sound public financial management has been one of the pillars of India’s macro-economic stability in the last three years. Based on this firm footing, the Government, in partnership with the States,...

by Arun Jaitley | On 31 Jan 2018

Economic Survey 2017: Volume I: Chapter 9: Ease of Doing Business’ Next Frontier: Timely Justice

The government’s efforts to make business and commerce easy have been widely acknowledged. The next frontier on the ease of doing business is addressing pendency, delays and backlogs in the appellat...

by Arun Jaitley | On 31 Jan 2018

Economic Survey 2017: Volume I, Chapter 4: Reconciling Fiscal Federalism and Accountability: Is there a Low Equilibrium Trap?

Long-run institutional development co-evolves with fiscal accountability involving, perhaps requiring, a low and declining dependence on devolved resources and a high and rising share of direct taxe...

by Arun Jaitley | On 31 Jan 2018

Economic Survey 2017: Volume I, Chapter 3: Investment and Saving Slowdowns and Recoveries: Cross-Country Insights for India

This chapter draws on cross-country experience to study the pattern of investment and saving slowdowns as well as recoveries in order to obtain policy lessons for India. One finding is that investme...

by Arun Jaitley | On 31 Jan 2018

Economic Survey 2017: Volume I, Chapter 1: State of the Economy: An Analytical Overview and Outlook for Policy

The GST Council offers a model “technology” of cooperative federalism to apply to many other policy reforms. Over the medium term, three areas of policy focus stand out: Employment: finding good job...

by Arun Jaitley | On 29 Jan 2018

Investment Puzzle: Deeper Roots

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

by Kim Sujin | On 29 Jan 2018

Federalism and Foreign Direct Investment: How Political Affiliation Determines the Spatial Distribution of FDI – Evidence from India

This paper links the foreign economic engagement of India’s states with the literature on federalism, thereby contributing to an understanding of the political economy of FDI in- flows in a parliame...

by Chanchal Kumar Sharma | On 22 Jan 2018

Social Protection, Citizenship and the Employment Relationship

This paper addresses the issues of social protection, citizenship and the employment relationship, through the lens of South Africa.

by Francie Lund | On 02 Jan 2018

Technology Transfer & Intellectual Property Rights

This article summarises a case study conducted by the author based on a long period of research on the behaviour of firms in technology transfer and local capacity building in that country.

by Linsu Kim | On 27 Dec 2017

Effective Public Investments to Improve Food Security

This paper focuses on public investments to improve food security can be placed into five broad categories.

by Livia Bizikova | On 18 Dec 2017

Evaluation and Assessment of the Effectiveness of the DSWD Internal and External Convergence as Operationalized by the Regional, Provincial, and City/Municipality Action Teams

This study aims to describe and examine organizational structures, business processes, and capacity development, as they relate to the design of DSWD’s Convergence Strategy.

by Jose Ramon G. Albert | On 11 Dec 2017

Global Investment Competitiveness Report 2017/2018 : Foreign Investor Perspectives and Policy Implications

This inaugural issue of the World Bank Group’s Global Investment Competitiveness Report presents novel analytical insights and empirical evidence on foreign direct investment’s (FDI) drivers and contr...

by World Bank [WB] | On 08 Dec 2017

Fund-Raising For Energy Projects In Pakistan

This paper reviews the investment situation in energy sector of Pakistan. Using secondary data sources, official documents and pledges by development partners.

by Huma Khan | On 30 Nov 2017

India-Pakistan Trade: An Analysis of the Pharmaceutical Sector

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

by Manoj Pant | On 29 Nov 2017

Pakistan’s Highly Taxed Telecom Market: Fall out and Impact

The study aims to create awareness among both the public and private sectors about the importance of exploiting useful information resources.

by Brig (Retd) Yasin | On 21 Nov 2017

The Effect of Public Sector Development Expenditures and Investment on Economic Growth: Evidence from Pakistan

The study will use data from 1980-81 to 2015-16 in this regard and employ Johansen cointegration to investigate the long run relationship.

by Syed Ahmed | On 20 Nov 2017

Outsourcing Under Incomplete Information

The Author considers outsourcing decision of a firm in a Cournot duopoly with incomplete information. There is incomplete information about the production technology of one firm. It is shown that outs...

by Tarun Kabiraj | On 14 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

Daily Stock Market Movements: From the Lens of News and Events

This study analyzes the effect of daily movements in KSE-100 Index due to different policies announced as well as incidents/events happened in the country.

by Shahid Raza | On 31 Oct 2017

Remittances for Growth: Initiatives for Remitters and Remittances

This paper argues that by some monetary and fiscal reforms, the investable part of remittances could be diverted to labour intensive and development projects, creating hundreds of thousands employment...

by Atiq Rehman | On 30 Oct 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

Opening the Black Box: Managing the Aid Policy Process in Pakistan

This research responds to this gap in the literature by exploring how donors and the Pakistan government interact in game and network settings to manage foreign aid in the complex aid policy network.

by Faheem Jehangir Khan | On 27 Oct 2017

An Assessment of Pakistan's Export Performance and the Way Forward

This paper examines in detail Pakistan’s export performance in the light of emerging global challenges and identifies key structural and policy issues that stifle Pakistan’s exports.

by Afia Malik | On 25 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

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

DRRM's Design and Implementation Need to Be Beefed Up

This, according to researchers Sonny Domingo and Ma. Divina Olaguera from the state think tank Philippine Institute for Development Studies (PIDS), is the problem the government needs to address to re...

by Philippine Institute Studies (PIDS) | On 03 Oct 2017

Optimal Inflation Rate for Nepal

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

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

East Asian Financial and Economic Development

Japan, an isolated, backward country in the 1860s, industrialized rapidly to become a major industrial power by the 1930s. South Korea, among the world’s poorest countries in the 1960s,joined the rank...

by Randall Morck | On 25 Sep 2017

Estimating the Relationship between the Current Account, the Capital Account and Investment for India

Causality from the capital account (KA) to the current account (CA) of the balance of payments indicates disruption from capital flows while the reverse can indicate smooth financing of the CA that al...

by Ashima Goyal | On 15 Sep 2017

Evaluation of Fiscal Incentives in the Philippines

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

by Danileen Kristel C Parel | On 04 Sep 2017

Incentivising Domestic Manufacturing for a Sustainable Solar Industry

The report says that the global financial meltdown contributed to slowing down of global solar deployment, and allowed Indian developers to squeeze their costs further, demanding preferential rates an...

by Mohd. Ali | On 29 Aug 2017

Development of Backward Areas- Outcome of the interventions so far

This paper by Centad looks at the initiatives and their outcome through the construction of an Improvement Index and suggests a relook.

by S Jagadeesan | On 25 Aug 2017

Current Challenges for the Economy and Priorities of the New Government

As this paper has observed that the macro fundamentals were indeed pointing to this slowdown, notwithstanding the smart recovery in two years of 2009-2011, immediately after the global economic meltdo...

by S Jagadeesan | On 25 Aug 2017

Manufacturing Centric Fiscal Policy

The report says that the manufacturing sector has significant fiscal policy implications.

by M. Singhi | On 24 Aug 2017

Indian Food and Welfare Schemes: Scope for Digitization Towards Cash Transfers

The paper presents a case for a phased rolling out of direct benefits transfer (DBT) for Food in India. By studying all states and Union Territories on three broad parameters: demographics, performanc...

by Shweta Saini | On 21 Aug 2017

Developments in Iran’s Agriculture Sector and Prospects for U.S. Trade

With one of the Middle East’s largest economies, a growing population, and rising incomes, Iran contributes significantly to the region’s agricultural commodity consumption. Iran’s rising food demand...

by Mesbah Motamed | On 18 Aug 2017

Promoting Organic Food Products and Exports - Status, Issues and Way Forward

This paper, based on a primary survey of companies engaged in organic food business in India and the United Kingdom (UK), examines how organic food can attract more investment (domestic and foreign) a...

by Arpita Mukherjee | On 08 Aug 2017

Report of the Working Group on Development of Corporate Bond Market in India

It has been well recognized that a well-developed corporate bond market complements a sound banking system in providing an alternative source of finance to the real sector for its long-term investme...

by Securities Board of India | On 04 Aug 2017

What is Causing Radicalism in the MENA?

The emergence of Al-Qaeda as a global terrorist organization carrying out devastating strikes across the USA, Europe, Middle East and Africa shed a spotlight on terrorism, and by extension on radicali...

by Fadi Farasin | On 03 Aug 2017

Reversing Pre-mature Deindustrialization for Jobs Creation: Lessons for ‘Make-in-India’ from Experiences of Industrialized and East Asian Countries

This paper presents new evidence on pre-mature deindustrialization being witnessed by India in terms of rising share of imports in final consumption. Given the compulsions of creation of jobs for 12...

by | On 03 Aug 2017

Reviving and Accelerating India's Exports: Policy Issues and Suggestions

This paper based on both desk research and interactions with stakeholders makes a comparative analysis of trade of world, India and its trading partners; examines the various dimensions of India’s t...

by H.A.C. Prasad | On 03 Aug 2017

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

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

by Tooraj Jamasb | On 31 Jul 2017

The NCAER State Investment Potential Index (N-SIPI 2017)

The NCAER State Investment Potential Index 2017 (N-SIPI 2017) is the second edition in the annual series of rankings of states on their growth and investment potential. It is a systematic and evidence...

by Research National Council of Applied Economic | On 31 Jul 2017

Handbook on Assessment of Labour Provisons in Trade and Investment Arrangements

Labour provisions have become more commonplace in trade agreements and increasingly comprehensive in their scope. The Handbook provides practical information in a format geared towards non-specialist...

by International Organisation | On 28 Jul 2017

Sanitation Tool Compendium

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

by Shramana Dey | On 27 Jul 2017

Village Transportation Infrastructure and Women’s Non-agricultural Employment in India: The Conditioning Role of Community Gender Context

Previous studies have examined how demographic characteristics, education, culture, and labor policy suppress Indian women’s labor supply. However, not enough attention has been paid to the role of po...

by Lei Lei | On 27 Jul 2017

2014 Clean Energy Investments: Project Summaries

This report summarizes the investments in clean energy made by the operations departments of the Asian Development Bank (ADB) in 2014.

by Asian Development Bank Institute | On 26 Jul 2017

Can Leaders Promote Better Health Behavior? Learning from a Sanitation and Hygiene Communication Experiment in Rural Bangladesh

This study looks at the roles that local women leaders can play in addressing the important environmental health issue of sanitation and hand hygiene by improving access to quality sanitation and hygi...

by Atonu Rabbani | On 25 Jul 2017

Stock Market Participation in the Aftermath of an Accounting Scandal

This paper studies the impact on investor behaviour of fraud revelation. The paper ask if investors with direct exposure to stock market fraud (treated investors) are more likely to decrease their par...

by Renuka Sane | On 22 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

Business Models to Realize the Potential of Renewable Energy and Energy Efficiency in the Greater Mekong Subregion

The report provides outlines of business models relevant to pursuing the renewable energy and energy efficiency targets adopted by the five Greater Mekong Subregion countries: Cambodia, the Lao People...

by Asian Development Bank Institute | On 20 Jul 2017

Asian Development Outlook (ADO) 2017 Supplement: Cautious Optimism for Asia's Outlook

With export demand stronger than expected in the first quarter of 2017, the region’s GDP is forecast to expand somewhat faster than forecast in April in Asian Development Outlook 2017.

by Asian Development Bank Institute | On 20 Jul 2017

Local Currency Bonds and Infrastructure Finance in ASEAN+3

This study was undertaken under ABMI. It addresses two key questions: (i) Why is local currency bond financing not more widely used for infrastructure projects in ASEAN+3? and (ii) What can be done to...

by Asian Development Bank Institute | On 18 Jul 2017

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

The People’s Republic of China (PRC) implemented a Fuel Tax Reform in 2009 that made significant changes to the way the country funds and delivers its ‘ordinary road’ program.

by Asian Development Bank Institute | On 17 Jul 2017

A Region at Risk: The Human Dimensions of Climate Change in Asia and the Pacific

The report discusses the most recent projections pertaining to climate change and climate change impacts in Asia and the Pacific, and the consequences of these changes to human systems, particularly f...

by Asian Development Bank Institute | On 14 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

Implementation of the ASEAN+3 Multi-Currency Bond Issuance Framework: ASEAN+3 Bond Market Forum Sub-Forum 1 Phase 3 Report

The report says that the ASEAN+3 Multi-Currency Bond Issuance Framework (AMBIF) is a policy initiative under the Asian Bond Markets Initiative (ABMI) to help facilitate intraregional transactions thro...

by Asian Development Bank Institute | On 11 Jul 2017

Economic Analysis of Climate-Proofing Investment Projects

This report describes the conduct of the cost-benefit analysis of climate proofing investment projects. An important message is that the presence of uncertainty about climate change does not invalidat...

by Asian Development Bank Institute | On 10 Jul 2017

Financial Soundness Indicators for Financial Sector Stability in Viet Nam

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

by Asian Development Bank Institute | On 07 Jul 2017

Climate Change, Food Security, and Socioeconomic Livelihood in Pacific Islands

The results of the study indicate that climate change will likely have significant negative impacts on agricultural output in Fiji, Papua New Guinea, and Solomon Islands.

by M.W. Rosegrant | On 05 Jul 2017

GST in India: A Key Tax Reform

GST is one of the most crucial tax reforms in India which has been long pending. It was supposed to be implemented from April 2010, but due to political issues and conflicting interests of various s...

by Monika Sehrawat | On 03 Jul 2017

Trust Funds and Fiscal Risks in the North Pacific: Analysis of Trust Fund Rules and Sustainability in the Marshall Islands and the Federated States of Micronesia

This report focuses on the relatively complex account structure and drawdown rules of the two funds, which are the same in the CTFs of the RMI and the FSM. Using an investment return simulation model,...

by Asian Development Bank Institute | On 30 Jun 2017

Innovative Strategies in Technical and Vocational Education and Training for Accelerated Human Resource Development in South Asia: Sri Lanka

This publication is part of a series of six country reports on technical and vocational education and training (TVET) and higher education in Bangladesh, Nepal, and Sri Lanka. Each report presents cur...

by Asian Development Bank Institute | On 29 Jun 2017

Strengthening City Disaster Risk Financing in Vietnam

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

by Asian Development Bank Institute | On 26 Jun 2017

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

Integrated Information and Communication Technology Strategies for Competitive Higher Education in Asia and the Pacific

The report narrates that early adoption of information and communication technology can allow developing countries in Asia and the Pacific to move from labor-intensive, natural resources-based to know...

by Jouko Sarvi | On 22 Jun 2017

Thailand: Industrialization and Economic Catch-Up

This report identifies some of Thailand’s critical development constraints and discusses policy measures and economic reforms needed to accelerate economic transformation toward a more modern and serv...

by Asian Development Bank Institute | On 20 Jun 2017

The Asian Bond Markets Initiative: Policy maker achievements and challenges

This paper also provides recommendations for addressing new sources of market volatility and other challenges within and outside the framework of the Asian Bond Markets Initiative.

by Asian Development Bank Institute | On 15 Jun 2017

Asian Development Outlook 2016: Highlights

The paper narrates that the risks are tilted to the downside as tightening US monetary policy may heighten financial volatility, further moderation in the People’s Republic of China could spill over i...

by Asian Development Bank Institute | On 14 Jun 2017

Enhancing Community-Driven Development through Convergence: A Case Study of Household- and Community-Based Initiatives in Philippine Villages

The study examines the Philippine government’s convergence initiative, and how it relates to community-driven development (CDD) that can impact rural communities in the Philippines.

by Asian Development Bank Institute | On 09 Jun 2017

ASEAN Corporate Governance Scorecard Country Reports and Assessments 2014

In this fourth round of the Association of Southeast Asian Nations (ASEAN) Corporate Governance initiative of the Asian Development Bank and the ASEAN Capital Markets Forum, over 500 top publicly list...

by Asian Development Bank Institute | On 05 Jun 2017

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

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

by Asian Development Bank Institute | On 02 Jun 2017

Myanmar Transport Sector Policy Note: Trunk Roads

This report reviews how the road sector in Myanmar can make the greatest contribution to the country’s national ambitions as possible. It seeks to identify bottlenecks and attempts to formulate possi...

by Asian Development Bank Institute | On 01 Jun 2017

Myanmar Transport Sector Policy Note: Road Safety

Myanmar is at a critical point in terms of road safety. In 2014, road-related deaths reached 4,300, which is twice as many as in 2009. Substantial and decisive action is needed, including early fundin...

by Asian Development Bank Institute | On 31 May 2017

Myanmar Transport Sector Policy Note: River Transport

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

by Asian Development Bank Institute | On 31 May 2017

Promoting Inland Waterway Transport in the People's Republic of China

This publication examines the constraints in developing inland waterway transport (IWT) based on a study in the PRC’s Hunan province. Six major challenges threatening the viability of IWT and its inte...

by Asian Development Bank Institute | On 30 May 2017

Envisioning Tax Policy for Accelerated Development in India

The objective of the paper is to highlight the reforms needed in the tax system to improve the revenue productivity of the tax system to conform to the vision of accelerating economic growth and dev...

by M. Govinda Rao | On 26 May 2017

Judicial Review and Money Bills

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

by Pratik Datta | On 26 May 2017

Changing Tax Capacity and Tax Effort of Indian States in the Era of High Economic Growth, 2001-2014

Growing demand for public expenditures, limitations in expanding fiscal space and limited scope to deviate from common harmonized tax system under the proposed Goods and Services Tax (GST) regime may...

by Sacchidananda Mukherjee | On 25 May 2017

Tajikistan: Promoting Export Diversification and Growth

Tajikistan has sustained high economic growth since its civil war ended in 1997. Real gross domestic product (GDP) during 1997–2015 grew at an average 7.2% a year, driven mainly by agriculture and ser...

by Asian Development Bank Institute | On 24 May 2017

Bangladesh: Consolidating Export-led Growth - Country Diagnostic Study

This study argues that some of the policies that allowed Bangladesh to prosper in the last few years will become less effective, and the economy will need to “switch gears” to consolidate the growth m...

by Asian Development Bank Institute | On 23 May 2017

Financing Asian Irrigation: Choices Before Us

The paper says irrigation schemes in the region are aging and underperforming, and, with land in short supply, there is little scope for creating major new schemes. Persistent inability to attract ade...

by Asian Development Bank Institute | On 19 May 2017

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

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

by Asian Development Bank Institute | On 16 May 2017

Monitoring Universal Health Coverage in the Western Pacific: Framework, Indicators, and Dashboard

The report narrates that the SDGs are integrated and indivisible with a clear focus on equity, including equity focused monitoring and evaluation (M&E), to ensure not only that the targets are being m...

by Asian Development Bank Institute | On 15 May 2017

Sanitation and Sustainable Development in Japan

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

by Asian Development Bank Institute | On 12 May 2017

ASEAN+3 Bond Market Guide 2016: Hong Kong, China

The paper narrates that the bond market in Hong Kong, China has for some time been a significant market place for issuers and investors in both domestic and foreign currencies. The range of product of...

by Asian Development Bank Institute | On 11 May 2017

Toward a National Eco-Compensation Regulation in the People’s Republic of China

The study recognized the need for consideration of numerous issues when developing ecocompensation regulations. These include (i) provision of guidance for determining the ecocompensation rate; (ii) e...

by Asian Development Bank Institute | On 11 May 2017

Asia Bond Monitor - November 2016

This issue of the Asia Bond Monitor includes Local currency (LCY) government bond yields in advancedeconomies and emerging East Asia climbed between 31 October and 18 November due to increased concern...

by Asian Development Bank Institute | On 11 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

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

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

by Asian Development Bank Institute | On 10 May 2017

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

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

by Asian Development Bank Institute | On 09 May 2017

Accelerating Financial Inclusion in South-East Asia with Digital Finance

The research focuses on financial exclusion in three segments: base of pyramid (BoP); women; and micro, small, and medium enterprises (MSMEs). From our research, we estimate that addressing this oppor...

by Asian Development Bank Institute | On 09 May 2017

Meeting Asia's Infrastructure Needs

This report updates by presenting infrastructure investment needs for all 45 DMCs from 2016 to 2030, the final year of the United Nations Sustainable Development Goals. Two sets of estimates are pre...

by Asian Development Bank Institute | On 05 May 2017

Energy Storage in Grids with High Penetration of Variable Generation

The focus of this report is on energy storage for the power grid in support of larger penetration of renewable energy. The emphasis is on energy storage and associated power electronics that are dep...

by Pramod Jain | On 05 May 2017

Asia Bond Monitor - March 2017

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

by Asian Development Bank Institute | On 05 May 2017

Compliance in Letter and Compliance in Spirit? - Evidence from Board and Audit Committee Meetings in India

This paper analyzes two notions of compliance, 'compliance in letter' and 'compliance in spirit', using data on Board and Audit Committee meetings from India under its Clause 49 corporate governance ...

by Subrata Sarkar | On 03 May 2017

Impact of Goods and Service Tax (GST) on Indian Economy

GST also known as the Goods and Services Tax is defined as the giant indirect tax structure designed to support and enhance the economic growth of a country. More than 150 countries have implemented G...

by | On 13 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

Budget Speech 2017-18

Budget speech by Finance Minister of India, Mr.Arun Jaitley.

by Arun Jaitley | On 01 Feb 2017

Federalism, Fiscal Space and Public Investment Spending: Do Fiscal Rules Impose Hard Budget Constriants?

The core emphasis of rules-based fiscal legislation at the subnational level in India is to achieve debt sustainability through a numerical ceiling on borrowing and the use of borrowed resources for...

by Pinaki Chakraborty | On 23 Jan 2017

Women’s Role in Economic Development: Overcoming the Constraints

This short paper aims to highlight the important role women have and can play in economic development. It addresses three questions: what is the evidence base to support investing in women? What are t...

by | On 04 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

Demonetization, the Cash Shortage and the Black Money

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

by Ashok K. Lahiri | On 02 Jan 2017

Economic Impacts of Inadequate Sanitation in India

The Water and Sanitation Program (WSP) has launched a multicountry Economics of Sanitation Initiative (ESI) to study the economic impacts of poor sanitation and the costs and benefits of improved sani...

by | On 27 Dec 2016

India’s Sanitation for All: How to Make It Happen

This discussion paper examines the current state of sanitation services in India in relation to two goals—Goal 7 of the Millennium Development Goals (MDGs), which calls on countries to halve, by 2015,...

by Asian Bank | On 27 Dec 2016

Migration, Scientific Diasporas and Development: Impact of Skilled Return Migration on Development in India

The contemporary discourse on migration and development is starting to consider the agency role of both diaspora communities and highly skilled returnees on equal terms, and we can observe how several...

by | On 19 Dec 2016

Government’s Role in India’s Ailing Cold Storage Sector

Every year, India wastes about 18 per cent of fruits and vegetables, due to lack of post-harvest storage facilities. The cold storage sector has been one of the most undermined sectors in India, devo...

by Madhu Sivaraman | On 05 Dec 2016

Labour Market trends analysis and labour migration from South Asia to Gulf Cooperation Council countries, India and Malaysia

Temporary labour migration is often touted as a triple-win: a win for destination countries that can support a level of economic activity that would be impossible without foreign labour; a win for cou...

by | On 24 Nov 2016

Nurse Migration: The Asian Perspective

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

by | On 24 Nov 2016

Report Summary: White Paper on Black Money

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

by Vishnu Padmanabhan | On 17 Nov 2016

Cross-country Econometric Study on the Impact of Fiscal Incentives on FDI

The increasing level of competition for foreign direct investment (FDI) in the ‘90s triggered many countries to offer various fiscal incentives. Specifically, many Asian countries persistently keep...

by Ma. Laarni D. Revilla | On 11 Nov 2016

The Elephant That Became a Tiger 20 Years of Economic Reform in India

A foreign exchange crisis in 1991 induced India to abandon decades of inward-looking socialism and adopt economic reforms that have converted the once-lumbering elephant into the latest Asian tiger. I...

by | On 28 Oct 2016

Ease of Doing Business

When arriving at the ‘Doing Business’ rankings, the World Bank ranks 11 parameters that impact businesses across various stages of their lifecycle – at start-up, getting a location, getting financing,...

by | On 28 Oct 2016

Investment Pattern of Youth in India with Particular Reference to Mumbai

This study examines the savings and investment pattern of select college going students (Age: 17-25 years) in the city of Mumbai who has just begun to earn. The study also looks into the basic financi...

by | On 25 Oct 2016

Rail Revolution-2025

This policy brief proposes reorganisation of current industry structure and proposes a new organizational structure for the railways to meet the needs of the 21st century . [CPPR Policy Brief Series...

by Centre for Public Policy Research CPPR | On 21 Oct 2016

On Measuring Uncertainty: Snakes and Ladders

The Global Crisis demonstrated to the world that Ratings Agencies had misled the public about the stability of financial institutions. The Finance literature had decided that it was impossible to have...

by | On 18 Oct 2016

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

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

by | On 12 Oct 2016

Financial Stability in a Weak Global Environment

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

by S.S. Mundra | On 10 Oct 2016

MenEngage Global Alliance 2015 Annual Report

This is the third annual report for the MenEngage Alliance’s Global Strategic Plan 2012-2016, in which the main activities and achievements of 2015, based on the four strategic objectives are reported...

by MenEngage Global Alliance | On 07 Oct 2016

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

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

by Alejandro Nin Pratt | On 30 Sep 2016

Evaluating Asian FTAs: What do Gravity Equation Models Tell Us?

This research evaluates the performance of free trade agreements by analyzing the determinants of trade flows of Asian economies for a panel of thirty-one countries during 2007-2014 using a Gravity...

by Sunder Ramaswamy | On 29 Sep 2016

Determinants of Outsourcing in the Automobile Sector in India

This study involves the determination of outsourcing based on the market structure technology imports and technical efficiency for the automotive sector in India. An important characteristic of this...

by Santhosh K. Sahu | On 26 Sep 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

Agricultural Prices and Food Policy

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

by C S C Sekhar | On 20 Sep 2016

Multi-Sectoral Approaches to Nutrition: The Case for Investment by Agriculture

Globally, 165 million children under the age of 5 suffer from chronic malnutrition, or stunting, and more than half (85 million) of these children live in Asia. Increasing access to nutritious diets b...

by United Nations Children's Fund UNICEF | On 12 Sep 2016

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

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

by Navyashree G. R. | On 08 Sep 2016

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

The Impact of Akshara Ganitha: A Longitudinal Study 2012-13 to 2014-15

This report outlines the findings of a longitudinal study conducted by Akshara Foundation in Hoskote Block of Bangalore Rural district. The study employed a controlled before-and-after design to com...

by K. Vaijayanti | On 31 Aug 2016

Gender Dimensions on Farmers’ Preferences for Direct-Seeded Rice with Drum Seeder in India

This study measures the willingness of male and female farmers to pay for climate-smart technology in rice. Rice is the most important crop in India in terms of area, production, and consumption. It...

by Md. Tajuddin Khan | On 31 Aug 2016

Does Development Aid Undermine Political Accountability? Leader and Constituent Responses to a Large-Scale Intervention

Comprehensive program evaluation requires capturing indirect effects of an intervention, such as changes in leaders’ efforts and constituents’ attitudes towards leaders. We study political economy r...

by | On 30 Aug 2016

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

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

by World Bank [WB] | On 25 Aug 2016

India’s Economic Growth and Market Potential: Benchmarked Against China

This paper addresses some aspects related to these two important research questions, and thus builds on the base of knowledge. The paper is organized as follows. First, we discuss the economic growth...

by | On 24 Aug 2016

The Clinical and Public Health Challenges of Diabetes Prevention: A Search for Sustainable Solutions

The economic cost of dealing with the consequences of diabetes is not only a threat to health systems but is a far broader economic and social problem and thus a threat to future long-term sustainable...

by Nicholas J Wareham | On 16 Aug 2016

Myanmar Transport Sector Policy Note: Urban Transport

This note presents a review of Myanmar’s urban transport. It focuses on the country’s main cities, Yangon and Mandalay, where issues are most severe, to also help solve similar problems in secondary c...

by Asian Development Bank Institute | On 12 Aug 2016

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

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

by Cecilia Olivet | On 10 Aug 2016

Make in India – Scheme For Transforming India

Make in India is an international marketing strategy, conceptualized by the Prime Minister of India, Narendra Modi on 25 September 2014 to attract investments from businesses around the world and make...

by | On 10 Aug 2016

China and Socialist Countries: Role Change and Role Continuity

This paper analyses changes in China’s relations with socialist countries. It uses Chinese academic publications to add an inside-out perspective to the interpretation of Chinese foreign policy and ou...

by | On 05 Aug 2016

Goods and Services Tax in India Taking Stock and Setting Expectations

The spread of Value Added Tax (VAT) or Goods and Services Tax (GST) system of Indirect taxes across the globe is showing an increasing trend with more than 160 countries, including 33 of the 34 member...

by | On 05 Aug 2016

GST in India: A Big Leap in the Indirect Taxation System

The replacement of the Central excise duty of the government of India by Central Value Added Tax (CENVAT) and sales tax system of the State governments by the VAT marked a major mile stone in the refo...

by | On 05 Aug 2016

Subsidies to Coal Production in China

A further subsidy in the form of credit support was estimated to be between CNY 3.5 and 35.7 billion (USD 0.57 billion and USD 5.8 billion). The major subsidies included tax relief, investment in asse...

by | On 02 Aug 2016

South-South Migration and Remittances

The impact of South-South migration on the income of migrants and natives is smaller than for South-North migration. However, even small increases in income can have substantial welfare implications f...

by | On 27 Jul 2016

Network Externalities And Process R&D: A Cournot-Bertrand Comparison

This paper examines the implication of the nature of competition in a market with network externalities on strategic investment in process R&D by firms. It shows that network externalities have a posi...

by Mili Naskar | On 25 Jul 2016

Estimating Local Fiscal Multipliers

This paper proposes a new source of cross-sectional variation that may identify causal impacts of Government spending on the economy. It uses the fact that a large number of federal spending programs...

by Juan Serrato | On 20 Jul 2016

State and the IT Industry in India: A Policy Critique

By adopting a historical comparative perspective,this paper assesses the role of state (both national and subnational) in industrialisation through the growth and policy experience of an ‘achieving’ s...

by Keshab Das | On 20 Jul 2016

Economic Reform and Social Sector Expenditures: A Study of Fifteen Indian States

This paper examines social sector expenditures in fifteen Indian states between 1980/81 and 1999/2000 to find out whether the far-reaching economic reforms that began in 1991 had any significant impac...

by | On 19 Jul 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

Compliance in Letter and Compliance in Spirit? : Evidence from Board and Audit Committee Meetings in India

This paper analyzes two notions of compliance, 'compliance in letter' and 'compliance in spirit', using data on Board and Audit Committee meetings from India under its Clause 49 corporate governance r...

by Subrata Sarkar | On 11 Jul 2016

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

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

by Jayati Sarkar | On 09 Jul 2016

Impact of Independent Directors’ Resignations on Firm’s Governance

Directors are liable for any act of omission or commission. They have a reputation to protect. While Independent directors might engage in passive monitoring; when apprised of a decision where the pro...

by Preet Singh | On 05 Jul 2016

The “Engine of Economic Growth”: An Overview of Private Investment Policies, Trends, and Projects in Cambodia

This paper aims to present an overview and analysis of the current investment landscape in Cambodia, as well as its impacts on people and the environment. It is hoped that the information ...

by Mark Grimsditch | On 01 Jul 2016

Parental Unemployment and Child Health in China

This paper studies the causal effect of maternal and paternal unemployment on child health in China, analyzing panel data for the period 1997-2004, when the country underwent economic reforms leading...

by Janneke Pieters | On 30 Jun 2016

Cyclicality of Social Sector Expenditures: Evidence from Indian States

This paper attempts to study the cyclical behaviour of social sector spending including that on education and health for the 17 non-special category states covering the period 2000-01 to 2012-13. It f...

by | On 30 Jun 2016

Water Resource Management and Sustainable Development

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

by Aakriti Singh | On 30 Jun 2016

Resolving Stress in the Banking System

The slowdown in credit growth has been largely because of stress in the public sector banking and not because of high interest rates. As such, what is required is a clean-up of the balance sheets of p...

by Raghuram G. Rajan | On 29 Jun 2016

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

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

by Sumon Kumar Bhaumik | On 27 Jun 2016

Peace, Terrorism, or Civil Conflict? Understanding the Decision of an Opposition Group

This paper models an opposition group’s choice between peace, terrorism, and open conflict. Terrorism emerges if executive constraints are intermediate and rents are sizeable. Open conflict is predict...

by Michael Jetter | On 27 Jun 2016

Factors Determining the Roles Board Members Play in Firms

This paper studies how the directors play an important role in influencing board’s action and its effectiveness. This paper attempts to contribute to the existing literature. In this paper, propositio...

by Chitra Singla | On 27 Jun 2016

Choosing a Partner for Social Exchange: Charitable Giving as a Signal of Trustworthiness

People benefit from being perceived as trustworthy. Examples include sellers trying to attract buyers, or candidates in elections trying to attract voters. In a laboratory experiment using exchange ga...

by Sebastian Fehrler | On 24 Jun 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

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

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

by Jaimini Bhagwati | On 22 Jun 2016

The Fight against Inflation: A Measure of our Institutional Development

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

by Raghuram G. Rajan | On 21 Jun 2016

Inter-Regional Comparisons of Humanitarian Action

Throughout the conference it became clear that there are two emerging trends in humanitarian action across the Asia–Pacific. The first is the increasing activity of selected Asia-Pacific states engage...

by | On 09 Jun 2016

Compendium of Good Practices in Training for Gender Equality

The Compendium of Good Practices in Training for Gender Equality aims to make both an empirical and an analytical contribution to the field of training for gender equality. The Compendium offers in-de...

by | On 31 May 2016

UN Women Training Centre Annual Report 2015

The Report details results from the 27 courses offered by the UN Women Training Centre. It also highlights the role of the Training Centre as a training resource hub by delivering training of trainers...

by UN Women | On 31 May 2016

IT Vision @ UP 2012

The aim of the IT policy is: 1.To position Uttar Pradesh as the preferred IT/ITES investment destination in India 2. To leverage IT as an engine of growth for UP 3.To transform physical communit...

by Uttar Pradesh Government UP | On 27 May 2016

Impact of Social Risks on Indian Businesses

This report has tried identifying the various social risks associated with and caused by businesses and other players, that may have negative social impacts on the stakeholders associated with the fu...

by Oxfam India | On 27 May 2016

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

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

by Victor Kwadwo | On 25 May 2016

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

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

by Pratap R Jena | On 23 May 2016

The Republic of Korea’s Economic Growth and Catch-Up: Implications for the People’s Republic of China

This study investigates the economic growth and catch-up of the Republic of Korea over the past half-century. The gap of output per worker between the Republic of Korea and United States has decreas...

by Jong-Wha Lee | On 19 May 2016

Philippines’ Next President: Implications for ASEAN

As Filipinos elect their new president in one of most hotly contested elections in 30 years, the prospects of a maverick becoming their leader raises questions about the return of strong-man rule an...

by Mely Caballero-Anthony | On 16 May 2016

Incentives and Outcomes: China's Environmetal Policy

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

by | On 04 May 2016

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 | On 02 May 2016

Foreign Exchange Markets, Intervention and Exchange Rate Regimes

The paper describes the institutional features of these markets, with special emphasis on the process of liberalization and deepening in Indian FX markets, in the context of global integration. Since...

by Ashima Goyal | On 02 May 2016

Words Matter but so Does Intent

For effective communication there has to be mutual respect among the speakers. To reach our goals don't accept jobs which you don't like. To have a joyful life it is important to enjoy the work which...

by Raghuram G. Rajan | On 28 Apr 2016

Maritime Failures

India's trade infrastructure is in a bad shape. India's imports are very high than its exports. The government has promised some investments and policies in this sector.

by T.N. Ninan | On 16 Apr 2016

FDI, Technology Transfer and Spillover: A Case Study of India

As developing countries increasingly open their economies to foreign direct investment (FDI) one of their principal objective has been to achieve technology transfer from foreign firms to host country...

by | On 22 Mar 2016

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

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

by Alokesh Barua | On 21 Mar 2016

Improving Rice Production and Commercialization in Cambodia - Findings from a Farm Investment Climate Assessment

In 2010, Cambodia outlined a plan aimed at developing its rice sector into a major rice exporting country. The rice sector was chosen due to comparative advantages in land, perceptions of significant...

by Asian Development Bank Institute | On 18 Mar 2016

More Ghost Savings: Understanding the Fiscal Impact of India’s Direct Transfer Program — Update

Since April 1, 2015, India’s cooking gas subsidies have been distributed by electronic transfer through the Direct Benefit Transfer for Liquefied Petroleum Gas (LPG) scheme (known as DBTL, or PAHAL1 )...

by | On 18 Mar 2016

Cybersecurity, Internet Governance and India’s Foreign Policy: Historical Antecedents

India’s stances in global Internet governance debates have often been noted, and criticised, for their strong preference for multilateral models of engagement, as different from the multistakeholder a...

by Saikat Datta | 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

Do Foreign Banks in India Indulge in Cream Skimming?

Foreign banks in developing countries are often found to indulge in cream skimming, a lending strategy that targets only wealthy segments of the credit market and exclude small and marginal borrowers...

by Mandira Sarma | On 16 Mar 2016

R & D Sector Outsourcing, Human Capital Formation and Growth in the Context of Developed versus Developing Economies

This paper theoretically examines the impact of R & D outsourcing from an economy which is in the innovation-only regime to an economy which is in the imitation-innovation regime. It shows that depend...

by Sujata Basu | On 15 Mar 2016

Capital Flows and the Impossible Trinity: The Indian Experience

This paper devises quantitative techniques to analyze the management of foreign capital flows in India over the past three decades. The paper argues that India's overall approach towards liberaliza...

by Abhijit Sen Gupta | On 15 Mar 2016

Financial Soundness Indicators for Financial Sector Stability in Vietnam

This report is the outcome of the regional technical assistance on Strengthening Institutional Capacity to Compile and Analyze Financial Soundness Indicators for Investment Climate Assessment (RETA 77...

by Asian Development Bank Institute | On 15 Mar 2016

Investing in Natural Capital for a Sustainable Future in the Greater Mekong Subregion

The Greater Mekong Subregion (GMS) is poised to continue developing at a significant pace. The subregion is well placed to benefit from the emerging Association of Southeast Asian Nations Economic Com...

by Asian Development Bank Institute | On 15 Mar 2016

Implementation of the ASEAN +3 Multi - Currency Bond Issuance Framework

ABMI aims to develop efficient and liquid bond markets in Asia, which would enable better utilization of Asian savings for Asian investments. ABMI can also contribute to the mitigation of currency and...

by Asian Development Bank Institute | On 15 Mar 2016

Economic Analysis of Climate - Proofing Investment Projects

Recent years have witnessed a large number of studies and reports aimed generally at providing estimates of the economic costs of climate change and of the economic costs of adaptation to climate chan...

by Asian Development Bank Institute | On 15 Mar 2016

The Value of Improved Public Services: An Application of the Choice Experiment Method to Estimate the Value of Improved Wastewater Treatment Infrastructure in India

In this paper we employ a stated preference environmental valuation technique, namely the choice experiment method, to estimate local public?s willingness to pay (WTP) for improvements in the capacity...

by Ekin Birol | On 13 Mar 2016

Basel I and Basel II Compliance: Issues for Banks in India

Random effects panel data analysis is applied to identify financial parameters that influence banks in India in complying with Basel I. The private sector and foreign banks are affected by credit risk...

by Sreejata Banerjee | On 13 Mar 2016

North Korea: Nukes, Nationalism & Negotiations

As South Korea this month takes up the rotating presidency of the United Nations Security Council, concerns over North Korea’s nuclear program grow. Pyongyang’s recent rocket tests, its anticipated th...

by Sangsoo Lee | On 12 Mar 2016

Shale Gas: The Key in the US’ Asia Pivot?

The “shale gas revolution” in the US could provide significant leverage in the US “pivot” to Asia. As China looks to absorb the technological know-how of shale gas extraction from North America, great...

by | On 12 Mar 2016

Carving up the Skies: China's New Air Defense Zone

China’s establishment of a new Air Defense Identification Zone has heightened tensions in Northeast Asia, with Japan, South Korea, and the United States having been swift to react to Beijing’s announc...

by Sangsoo Lee | On 12 Mar 2016

Rebalancing Act: China’s Fiscal Reform Challenge

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

by | On 12 Mar 2016

Power Crisis in Pakistan: A Crisis in Governance?

The objective in this study is to examine the issues and constraints faced by the power sector in Pakistan. The paper will try to evaluate the reasons behind the current energy crisis despite present...

by Afia Malik | On 10 Mar 2016

Imagined Futures:Fictionality in Economic Action

Starting from the assumption that decision situations in economic contexts are characterized by fundamental uncertainty, the paper argues that the decision-making of intentionally rational actors is a...

by Jens Beckert | On 09 Mar 2016

Producing a Rationale for Dowry? Gender in the Negotiation of Exchange at Marriage in Kerala, South India

The allocation of scarce budgetary resources away from ‘alternative’ channels of social security underscores interlocking concerns: a) the financial drain that marriages of girls pose to families and...

by Praveena Kodoth | On 09 Mar 2016

Capitalist Dynamics Fictional Expectations and the Openness of the Future

Capitalism is an economic and social order oriented toward the future. In this paper, I describe the unfolding of the temporal order of capitalism and relate it to the restless dynamism of capitalism...

by | On 08 Mar 2016

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

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

by Stephany Griffith-Jones | On 08 Mar 2016

India Budget 2016: Old Economics, New Politics

India’s latest Budget focuses on the rural sector and the economically vulnerable sections and makes large allocations for agriculture and social sector programmes without compromising on fiscal disci...

by Amitendu Palit | On 04 Mar 2016

Impact of China Slowdown on India

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

by Geetima Das Krishna | On 02 Mar 2016

Political Economy of Natural Resource Revenue Sharing in Indonesia

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

by Cut Agustina | On 01 Mar 2016

Vital Stats: Union Budget 2016-17

Trends regarding the central government’s sources of financing including tax revenue, disinvestments, and its revenue and capital expenditure, including subsidies. Estimates are presented in the 2016-...

by Mandira Kala | On 01 Mar 2016

Access to Finance: A Functional Approach to Supply and Demand

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

by Greg Fischer | On 29 Feb 2016

Challenges and Developments in the Financial Systems of the Southeast Asian Economies

This paper discusses the economies and financial systems of Southeast Asia (SEA) and focuses on challenges and developments in the region. Despite the diversity of SEA economies and some important exc...

by Toshiyuki Shimada | On 29 Feb 2016

Economy for Life in our Earth community

This living document is a result of an extensive process led by the Social Movements for an Alternative Asia (SMAA), GerakLawan, La ViaCampesina and the supporters of the EndWTO Campaign.

by Focus on the Global South FGS | On 29 Feb 2016

Agricultural investments in Southeast Asia: Legal tools forpublic accountability

In Southeast Asia, the rise in agricultural investments takes place against the backdrop of a fast-evolving regional context. In this ‘Asian Century’, trade and investment flows are flourishing across...

by Shalmali Guttal | On 29 Feb 2016

GEF India Enabling Transformations

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

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

"Direct Access" to Climate Finance: Lessons Learned by National Institutions

Implementation of the Adaptation Fund and GCF direct access modalities is still in a relatively early stage. (The Adaptation Fund accredited its first implementing entities in 2010; the GCF did so in...

by Indira Masullo | On 29 Feb 2016

Information for Climate Change Adaptation: Lessons and Needs in South Asia

This paper serves as background for a South Asian regional workshop that will bring together adaptation information users and producers to inform likely new investments in the information base for cli...

by Ayesha Dinshaw | On 29 Feb 2016

Planning for Asian food security towards 2025

Higher investment in the agricultural and food sectors, food price stability and regulatory barriers are among the key issues for Asia, according to experts at a recent meeting to discuss the region...

by S. Rajaratnam International Studies | On 27 Feb 2016

Basel Banking Norms – A Primer

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

by Akshay Uday Shenoy | On 27 Feb 2016

Diasporas Transforming Homelands: Nuancing ‘Collective Remittance’ Practices in a Western Indian Village

Diasporic communities that advance their ancestral homelands through forging links with it can be best examined in the context of the history of migration of these communities and the culture of devel...

by Sudeep Basu | On 26 Feb 2016

Governance and Institutions: The role of multilevel fiscal institutions in generating sustainable and inclusive growth

Differences in political ideology might lead to different views about the role of the state in the provision of public services across countries, or even in the same country over time.2 At the same ti...

by Ehtisham Ahmad | On 26 Feb 2016

Location Determinants of Foreign Direct Investment in Services: Evidence from Chinese Provincial-level data

This article analyzes the location determinants of foreign direct investment in services, both theoretically and empirically. It hypothesizes four sets of factors as the location determinants of FDI i...

by Feng Yin | On 26 Feb 2016

Political Economy of Multilevel Information Generation and Liability Management

The issue of managing sub-national liabilities is not only an issue in the EU, but is also being a major concern in South Asia, China and Brazil as much of the public investment needed for sustainable...

by Ehtisham Ahmad | On 26 Feb 2016

Involving the Private Sector and PPPs in Financing Public Investments: Some Opportunities and Challenges

Given that public investment requirements far exceed available resources in most developing countries, there is a need to both channel public resources wisely and also best leverage the opportunities...

by Ehtisham Ahmad | On 26 Feb 2016

India’s GDP Growth: Confusion Amidst Cheers

India’s latest GDP numbers project 7.6% growth for its economy in 2015-16. But there continues to be confusion over the quality of India’s economic performance as the statistically robust GDP estimate...

by Amitendu Palit | On 26 Feb 2016

Budget 2016: Lagging Quality Education; Increase Public Investment to Improve Basic Infrastructure

In the Union Budget 2015-16, there was a reduction in the allocation for school education on account of more untied funds being given to States following the 14th Finance Commission recommendation. Ho...

by Provita Kundu | On 26 Feb 2016

Economic Survey 2015-16-Volume I

This year’s Economic Survey comes at a time of unusual volatility in the international economic environment. Markets have begun to swing on fears that the global recovery may be faltering, while ris...

by Arun Jaitley | On 26 Feb 2016

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

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

by Roehlano M. Briones | On 25 Feb 2016

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

Challenges in Health Services Trade: Philippine Case

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

by Maria Cherry Rodolfo | On 25 Feb 2016

Trade Liberalization under New Realities

The last decade has witnessed significant influx of direct foreign investment in developing countries. The increased flow of foreign investment has contributed to the ability of developing countries t...

by Syed Ali | On 25 Feb 2016

The US and Myanmar: Moving into a New Phase

At the recent United Nations general debate, US President Barack Obama outlined his vision for US foreign policy, making a clear break with the previous administration. The shift has significant impli...

by | 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

Industrial Growth And Environmental Industrial Growth And Environmental Industrial Growth And Environmental Degradation: Degradation: Degradation: A Case Study Of Tiruppur Textile Cluster A Case Study Of Tiruppur Textile Cluster A Case Study Of Tiruppur Textile Cluster

The rapid economic growth achieved after globalization by most of the developing countries, has imposed considerable social costs and has become a major threat to sustainable development. However it i...

by Prakash Nelliyat | 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

Dissecting the China Puzzle: Asymmetric Liberalization and Cost Distortion

In this paper we attempt to explain the China Puzzle: coexistence of accelerating economic growth and worsening growth outlook. The root cause lies in China’s unique liberalization approach, i.e., the...

by Huang Yiping | On 22 Feb 2016

Redefining Food Security in the Face of Foreign Land Investors: The Philippine Case

The Philippines is a country targeted by foreign investors seeking agricultural land. It is promoting itself to them in the hope of securing their business. These investors frequently use food securit...

by Ben Shepherd | On 22 Feb 2016

A Dynamic Stochastic General Equilibrium Model for India

Over the last decade, the Dynamic Stochastic General Equilibrium (DSGE) framework has become a workhorse for macroeconomic analysis in both academic and policy circles. Following this emerging trend,...

by Parantap Basu | On 21 Feb 2016

Regional Integration in South Asia: What Role for Trade Facilitation?

The trade performance of countries in South Asia over the past two decades has been poor relative to other regions. Exports from South Asia have doubled over the past 20 years to approximately USD 100...

by John Wilson | On 21 Feb 2016

How Much Could South Asia Benefit from Regional Electricity Cooperation and Trade?

The South Asia region is lagging behind many regions in the world in regional electricity cooperation and trading, despite the huge anticipated benefits. This study uses an electricity planning model...

by Govinda Timilsina | On 21 Feb 2016

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

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

by Tarisa Watanagase | On 21 Feb 2016

Making and Faking

It is true that India is having improvements in the economic fronts. But what are the real numbers? Why does the government say exaggerated numbers?

by T.N. Ninan | On 20 Feb 2016

Savings and Investment Estimates in Bangladesh: Some Issues and Perspectives in the Context of an Open Economy

This paper examines the conceptual issues surrounding the estimation of savings and investment in Bangladesh and explains why there exist perceptible differences between the estimates of savings and i...

by Mustafa K. Mujeri | On 20 Feb 2016

Quick Rental Power Plants in Bangladesh: An Economic Appraisal

One important aspect of recent developments is that a significant portion of the additional electricity generation has come from liquid fuel based power plants which has raised the total contribution...

by Mustafa K. Mujeri | On 20 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

Transforming Cities with Transit

In rapidly urbanizing and motorizing cities of the world, massive investments are being made in high-capacity transit systems to fend off worsening traffic congestion. Most investments have been guide...

by | On 19 Feb 2016

Impact of Services Trade Liberalization on Employment and People Movement in South Asia

Services have been a key driver of overall economic growth in South Asia since the 1990s. This paper examines how the growth of services output, trade and investment have affected service sector emplo...

by Rupa Chanda | On 19 Feb 2016

China’s Outbound Investment: The US Experience

U.S. policy expressly welcomes Chinese investment, and since 2000 Chinese companies have invested nearly $50 billion in the United States. Notwithstanding those facts, the U.S. regulatory environment...

by Mark Feldman | On 19 Feb 2016

China’s Sovereign Investment Funds In International Perspective: The Exceptionalism Of Cic And Safe

China is the only country in the world with two sovereign investment vehicles dedicated to managing excess foreign reserves for return, not just safety and liquidity. As the investment profile and beh...

by Angela Cummine | On 19 Feb 2016

A Strategic Analysis of The Australian Foreign Investment Regime and The Prospect of Reform

This paper uses a strategic framework developed by Harvard’s Kennedy School of Government to assess whether Australia’s foreign investment regime is sufficiently delivering on its four main objectives...

by Alan Fels | On 19 Feb 2016

China’s Rising Outbound Investment: Trends And Issues

This paper aims to facilitate China’s globalisation process and to enable destination countries to benefit from Chinese ODI potential by having a clear understanding of the institutional background ag...

by Mei Wang | On 19 Feb 2016

Poverty-reducing or Poverty-inducing? A CGE-based Analysis of Foreign Capital Inflows in Pakistan

Foreign capital inflows (FKI) help an economy by financing the imbalance between income and expenditure. However, their impact on poverty in the recipient economy is a controversial issue. In this stu...

by Rizwana Siddiqui | 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

Demographic Dividend or Demographic Threat in Pakistan

This paper looks into the demographic dividend available to Pakistan and its implications for the country, mainly through three mechanisms: labour supply, savings, and human capital. For economic bene...

by Durr-e- Nayab | On 17 Feb 2016

Indonesia’s Foreign Domestic Workers: Dilemma of Not Working Overseas

While the United Nations takes stock of how far women have come in getting women’s rights acknowledged as human rights, Indonesia wants to stop sending women out of the country as foreign domestic wor...

by | On 16 Feb 2016

Implications for Investment in ASEAN Agriculture

Successful implementation of the AEC2015 should have a positive impact on ASEAN’s agri-food sector, leading to improved food availability for the region and increased exports. Sadly, early signs are n...

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

Exchange Market Pressure and Monetary Policy: Evidence from Pakistan

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

by M. Idrees Khawaja | On 16 Feb 2016

Financial Globalization in Emerging Countries: Diversification vs. Offshoring

Financial globalization has gathered attention since the early 1990s because of its macrofinancial and crisis implications and its perceived large expansion. But financial globalization has taken diff...

by Francisco Ceballos | On 16 Feb 2016

Effectiveness of the Easing of Monetary Policy in the Japanese Economy, Incorporating Energy Prices

Japan has reached the limits of conventional macroeconomic policy. In order to overcome deflation and achieve sustainable economic growth, the Bank of Japan (BOJ) recently set an inflation target of 2...

by Naoyuki Yoshino | On 16 Feb 2016

Hometown Investment Trust Funds: An Analysis of Credit Risk

In Asia, small and medium-sized enterprises (SMEs) account for a major share of employment and dominate the economy. Asian economies are often characterized as having bank-dominated financial systems...

by Naoyuki Yoshino | On 16 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

Interest Rate Spread in Bangladesh: An Analytical Review

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

by Shamim Ahmed | On 15 Feb 2016

Recent Experiences in the Foreign Exchange and Money Markets

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

by Md. Habibur Rahman | On 15 Feb 2016

Foreign Direct Investment: Impact on Sectoral Growth in Bangladesh

This paper focuses on the impact of Foreign Direct Investment (FDI) on the sectoral (agriculture, industry and service) growth pattern of Bangladesh economy over the last 11 years, 1995-2005. The rese...

by Iftekhar Ahmed Robin | On 15 Feb 2016

Tax Expenditures in Bangladesh: An Introductory Analysis

This policy note attempts to introduce the concept and size of tax expenditures in the context of Bangladesh with special references to experiences of India and Pakistan. It shows that the amount of t...

by M. Golam Mortaza | On 15 Feb 2016

Monetary Policy and Capital Market Development in Bangladesh

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

by Shubhasish Barua | On 15 Feb 2016

Income, Public Social Services, and Capability Development: A Cross-district Analysis of Pakistan

Is household income enough for human development or should government direct resources towards the provision of social services to improve capabilities of individuals? The former is emphasised by the...

by Rizwana Siddiqui | On 14 Feb 2016

Maximizing Chances for Success in Afghanistan and Pakistan

The following is a Campaign 2012 policy brief by Bruce Riedel and Michael O’Hanlon proposing ideas for the next president on America’s foreign policy toward Afghanistan and Pakistan. Vanda Felbab-Brow...

by Bruce Riedel | On 14 Feb 2016

The Afghanistan–Pakistan Challenge: Meeting Humanitarian Needs

For Campaign 2012, Bruce Riedel and Michael O’Hanlon wrote a policy brief proposing ideas for the next president on America’s foreign policy toward Afghanistan and Pakistan. The following paper is a r...

by Elizabeth Ferris | On 14 Feb 2016

The Political Games in the Taliban Negotiations

That the Taliban has agreed to negotiations is not surprising. It has much to gain from participating in negotiations – yet almost no incentives to agree to any sort of a deal before 2015. Nor should...

by Vanda Felbab-Brown | On 14 Feb 2016

Afghanistan’s Displaced People: 2014 and Beyond

Afghanistan is the largest refugee repatriation operation in the world. More than 5.7 million people have returned in the last ten years, representing nearly a quarter of the current population of 28...

by Aidan O'Leary | On 14 Feb 2016

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

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

by Muttukrishna Sarvananthan | On 13 Feb 2016

Monitoring Climate Adaptation Financing to Ensure Effectiveness

Financing efforts by countries to adapt to climate change will require enormous amounts of resources and investments, both from the public and private sectors. How climate financing is generated, gove...

by Transparency International TI | On 12 Feb 2016

Demystifying the Arctic

To this day, the general public thinks of the Arctic in visions of unspoiled ocean and landscapes, expansive ice, clean water, unique species and aboriginal cultures – essentially it reminds everyone...

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

There's No Such Thing as a Free Lunch!

The Union Budget falls on February 29- this being a leap year. An online opinion poll on a leading media website reads: “Should Arun Jaitley prefer growth or fiscal deficit?” As India emerges as the...

by Tulsi Jayakumar | On 11 Feb 2016

Towards Fiscal Consolidation and a Simplified Tax Structure?

The forthcoming union budget 2016-17 faces several fiscal challenges and it will be tough task for the government to provide positive signals to revive the private investment while pursuing the fiscal...

by Pratap Jena | On 11 Feb 2016

Future of Healthy How to Realize Returns on Health

After demonstrating in Maximizing Healthy Life Years that health can have a positive return on investment, the 2016 report How to Realize Returns on Healthshows how to tackle the silent NCD pandemic:...

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

Exceptions to Patent Rights in Developing Countries

he present paper on Exceptions to Patent Rights in Developing Countries is a part of the efforts of the UNCTAD/ICTSD Project to contribute to a better understanding of the use of patent exceptions for...

by | On 10 Feb 2016

Multilateralism and China–UN Relations

Composed of 192 member states, the United Nations (UN) is the largest and most comprehensive international organization as well as the most important international platform for multilateral diplomacy....

by | On 09 Feb 2016

Bangladesh: Bangladesh: The Adolescence of an Ancient Land Ancient Land

On January 11, 2007, a state of emergency was declared in Bangladesh. A new caretaker government which condoned greater military involvement in the governing of Bangladesh was installed. This is the t...

by | On 09 Feb 2016

Addressing Barriers to Digital Trade

This paper addresses the question of whether it is possible to balance the need for a free flow of information across borders with legitimate government concerns related to public order, consumer priv...

by | On 08 Feb 2016

Planning Communication for Agricultural Disaster Risk Management: a Field Guide

Reducing risk and increasing resilience to natural disasters and climate change requires access to knowledge, information and the active participation of vulnerable population. Planning Communication...

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

Statement 22: Recognition of Budget for Children in India

This paper traces the process of recognition of children’s budget and the introduction of Statement 22- Budget Provisions for Schemes for the Welfare of Children in the Expenditure Budget Volume 1. I...

by HAQ Centre for Child Rights HAQCRC | On 08 Feb 2016

Remittances and Expenditure Patterns of the Left Behinds in Rural China

This paper investigates how private transfers from internal migration in China affect the expenditure behaviour of families left behind in rural areas. Using data from the Rural-Urban Migration in Chi...

by Sylvie Démurger | On 07 Feb 2016

A Dynamic Macroeconometric Model of Pakistan’s Economy

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

by Muhammad Arshad Khan | On 06 Feb 2016

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

Remittances and Poverty Linkages in Pakistan: Evidence and Some Suggestions for Further Analysis

This exercise is envisaged to provide a brief account of the research studies on inter-relationship between remittance inflows from abroad and the poverty levels obtained in the country. This is discu...

by Mohammad Irfan | On 06 Feb 2016

It Belongs To You: Public Information in The Middle East And North Africa

This report is part of a larger, region-wide project, entitled ‘Addressing Corruption Through Information and Organized Networking’ (ACTION). ACTION is a four-country project covering Egypt, Morocco,...

by Transparency International TI | On 05 Feb 2016

Protecting Climate Finance: An Anti-Corruption Assessment of the Adaptation Fund

Protecting Climate Finance: An Anti-Corruption Assessment of the Adaptation Fund is the first in a series of reports by Transparency International aimed at analysing the policies and practices that se...

by Transparency International TI | On 05 Feb 2016

Protecting Climate Finance: An Anti-Corruption Assessment of the Climate Investment Funds

Protecting Climate Finance: An Anti-corruption Assessment of the Climate Investment Funds is the second in a series of reports by Transparency International aimed at analysing the policies and practic...

by Transparency International TI | On 05 Feb 2016

Nepal National Integrity System Assessment 2014

Transparency International Nepal’s (TIN) National Integrity System Assessment Nepal 2014 describes the latest status of 11 pillars of NIS in terms of their capacity, governance and role besides pointi...

by Transparency International TI | On 05 Feb 2016

WTO in Times of Major Changes

The relationship between these groups needs to be defined in order for the organization to move forward. The need for this is evident from the standoff in the Doha Round negotiations, where China, Bra...

by | On 05 Feb 2016

Can Justice Be Achieved Through Settlements?

Settlements can provide an important channel to hold companies to account for wrongdoings and resolve foreign bribery and other cases without resorting to a full trial (civil or criminal), or conteste...

by Transparency International | On 05 Feb 2016

Exporting Corruption, Progress Report 2015: Assessing Enforcement of the OECD Convention on Combatting Foreign Bribery

Transparency International’s 2015 Progress Report is an independent assessment of the enforcement of the Organisation for Economic Co-operation and Development’s (OECD’s) Anti-Bribery Convention. The...

by Transparency International | On 05 Feb 2016

Preliminary Study: Explaining the Ten-fold Increase in Remittances to Pakistan 2001-2012

This study is part of a broader study being undertaken by PIDE on remittances and their impact on the Pakistan economy including explaining its over ten-fold increase between 2001–2012 from around US$...

by Rashid Amjad | On 03 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

Institutional Quality, Conflict and Aid Dependency

This study attempts to explore the impact of foreign aid on the quality of governance and how conflicts, whether internal or external affect the overall situation. Conflicts affect governance directly...

by Unbreen Qayyum | On 03 Feb 2016

Foreign Aid and the Fiscal Behaviour of Government of Pakistan

This study examines the effect of foreign aid on the fiscal behaviour of the Government of Pakistan. It applies the Autoregressive Distributed Lag model to analyse the relationship that prevailed betw...

by Rabia Butt | On 03 Feb 2016

Governance and the Effectiveness of Foreign Capital

This study empirically investigates the impact of foreign capital and governance on the economic growth by employing country level data from 1984 to 2010 for Asian developing countries. Governance; fo...

by Unbreen Qayyum | On 03 Feb 2016

Dynamic Relationship and Volatility Spillover between the Stock Market and the Foreign Exchange Market in Pakistan: Evidence from VAR-EGARCH Modelling

The paper examines the dynamic relationship and volatility spillovers between the stock market and the foreign exchange market in Pakistan using weekly data from 02 July, 1997 to 04 July 2012. Johanse...

by Abdul Qayyum | On 03 Feb 2016

The Relationship between Disaggregate Energy Consumption, Economic Growth and Environment for Asian Developing Economies

This study evaluates the link between disaggregate energy consumption (coal, petroleum, electricity, renewable energy consumption), economic growth and environment for Asian Developing countries. Coin...

by Ali Cheema | On 03 Feb 2016

Infrastructure Investment, Private Finance, and Institutional Investors: Asia from a Global Perspective

This study evaluates infrastructure investment and finance in Asia from a global perspective. It provides an overview on infrastructure needs and the various sources of private finance, globally and w...

by Georg Inderst | On 02 Feb 2016

Pakistan: The Impact of Economic Liberalisation on Poverty

The reform program that Pakistan gradually implemented during the 1980s and the early 1990s dismantled many of the components of the ISI strategy.1 The extent of dependence on quantitative import cont...

by Zafar Mahmood | On 02 Feb 2016

Towards a Framework for Achieving Food Security in the Mountains of Pakistan

The agriculture sector in Pakistan sustains the livelihoods of 45 per cent of the national population. Both the direct and indirect contributions of the agriculture sector to overall growth and wellbe...

by Golam Rasul | On 02 Feb 2016

Disciplining Investment Incentives: A Lost Cause?

Investment incentives rank among the most important policy instruments governments employ to influence the locational decisions of multinational firms. In the wake of the recent increase in locational...

by International Centre for Sustainable Trade and Development | On 02 Feb 2016

Foreign Labor and Questions of Identity in the Arabian Gulf

Numerous studies have concluded that the large presence of foreign labor in the Gulf could eventually lead to a loss of national identity. Large concentrations of foreigners, composed of numerous ethn...

by | On 01 Feb 2016

Financing Mitigation and Adaptation by Developing Countries

There is a broad consensus that without the active participation of developing countries, global temperatures cannot be stabilized at a safe level. It is also agreed that even if temperatures are cont...

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

Challenges of Financing Human and Sustainable Development

Accelerating progress to achieve the Millennium Development Goals (MDGs) will serve to advance human development and also to lay a solid foundation for the pursuance of sustainable development goals a...

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

Achieving Sustainable Development: The Energy Investment Challenge

There is an emerging consensus holding that sustainable development requires a radical transformation of the world’s energy system. This brief suggests that countries will need to manage large and com...

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

Savings Behaviour In South Asia

Savings behaviour is important because of the close relation between savings and growth. Further, the direction of causality between savings and growth is of critical importance for development policy...

by Ranjan Kumar Dash | On 30 Jan 2016

State Capacity and Inclusive Development: New Challenges and Directions.

This paper takes stock of recent advancements in the literature on state capacity and connects them tothe study of inclusive development. Specifically, four particular lines of argument are presented....

by Matthias Hau | On 30 Jan 2016

Founding of IWMI In Sri Lanka

The parliamentary general elections in 1977 was a watershed in the political landscape of Sri Lanka. The government that came into power mid-year sought a more liberalized and open economy, and hence...

by Nanda Abeywickrama | On 30 Jan 2016

Trade Policy and Food Security: Farm Policies of Developed Countries: What Kind of Trade Policy Framework is needed to Support Food Security Goals?

Farm Policies in developed countries have been widely blamed for creating problems for food security in developing countries. These problems have included high barriers to developing country exports,...

by | On 30 Jan 2016

Impact of Debt on Aggregate Investment and Productivity in Developing Asian Countries

This study attempts to investigate the empirical relationship between debt and productivity and debt and investment for the Developing Asian Countries over the period of 1984-2007. The study uses two...

by Hasan Shahzad | 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

Strengthening Community Engagement of Higher Education Institutions

It was expected that education would address these problems to a large extent. However, inspite of enhanced investment on expenditure, leading to increased enrolment, these issues remain largely unatt...

by (Field Action Project on Homelessness and Destitut Koshish | On 30 Jan 2016

Ecosystem-based Approaches to Adaptation Evidence from two sites in Bangladesh

The ARCAB programme has a well-developed theory of change (ARCAB 2012). This encompasses broader issues relating to the scaling up and out of CBA that are central to ARCAB as a whole and its goal of a...

by Sarder Alam | On 29 Jan 2016

Healing Wounds: How the International Centers of the CGIAR Help Rebuild Agriculture in Countries Affected by Conflicts and Natural Disasters

This study first reviews current thinking on the underlying causes of conflicts and disasters, identifying poverty as a major driver of both. Poverty breeds frustration, compelling the poor to turn to...

by Surendra Varma | On 29 Jan 2016

Russian Intervention in Syria: Geostrategy is Paramount

Russia’s military intervention in Syria is the only direct military intervention there by a state from outside the region. Iran was there first, but its intervention took different forms. No state, be...

by | On 29 Jan 2016

Investment and Trade Regimes Conjoined: Economic Facts and Regulatory Frameworks

Recent research suggests that trade and investment are closely linked as two-way economic complements. Trade liberalization facilitates investment, but even complete trade openness will not overcome a...

by | On 29 Jan 2016

Trade Secrets, Innovation and the WTO

The intersection of trade secrets, innovation, and the World Trade Organization (WTO) forms a topic that is increasingly debated as part of the public discourse on intangible capital and intellectual...

by | On 28 Jan 2016

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

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

by Vladimir Smakhtin | On 28 Jan 2016

Establishing an International Advisory Centre on Investment Disputes?

In the light of growing globalization and the significant increase in the number of investor-state disputes that has taken place over recent years, this paper proposes that it is time to establish an...

by | On 28 Jan 2016

Trade and Investment Frameworks in Extractive Industries: Challenges and Options

At the domestic level, if managed properly, the revenues from extractive industries can have a substantial impact on income and prosperity while respecting community needs and the environment. To achi...

by | On 28 Jan 2016

The Evolving International Investment Law and Policy Regime: Ways Forward

International investment needs are tremendous. This requires that the international investment regime constitutes a framework for increased flows of sustainable foreign direct investment for sustainab...

by | On 28 Jan 2016

Inequality and Growth Reconsidered: Lessons from East Asia

East Asian economies have experienced rapid growth over three decades, with relatively low levels of income inequality, and appear to have also achieved reductions in income inequality. We argue that...

by | On 28 Jan 2016

Subcontracted Women Workers in the Garment Industry in India

This paper analyse the situation of the women working in subcontracting arrangements in the industry. In the analysis of value chains we found that women workers in all segments were not the direct...

by Jeemol Unni | On 28 Jan 2016

TRIPS and Pharmaceutical Industry: Issues of Strategic Importance

Trade Related Intellectual Property Rights (TRIPS) brings in uniformity in the standards of intellectual property rights among the member countries of the WTO irrespective of their developmental statu...

by N. Lalitha | On 28 Jan 2016

Healthcare Challenges in Urbanizing India

Rapid urbanisation in India, driven by a globalised economy and its accelerated growth, will increasingly demand attention of policy makers. The objective of this policy note is to throw light on heal...

by Rajeev Ahuja | On 28 Jan 2016

Outward Foreign Direct Investment from India: Recent Trends and Patterns

This paper provides an overview of the changing patterns of O-FDI from India over 1975-2001. It shows that the increasing number of Indian TNCs during 1990s has been accompanied by a number of changes...

by Jaya Prakash Pradhan | On 28 Jan 2016

How could Mega-Regional Trade Negotiations Affect Agricultural and Food Trade?

A new generation of 'mega-regional' trade deals have the potential to reshape the landscape of global agricultural trade, by establishing new commitments on market access as well as new regulatory nor...

by | On 27 Jan 2016

Enabling the Energy Transition and Scale-up of Clean Energy Technologies: Options for the Global Trade System

With the challenges of access to energy, energy security, and the imperative of climate change becoming more pronounced in recent years, interest in clean energy has surged. Mitigation efforts to limi...

by | On 27 Jan 2016

Triple Wins for Sustainable Development

As countries prepare for the ‘Rio+20’ United Nations Conference on Sustainable Development, UNDP is pleased to share this report. It sets out national examples of progress toward sustainable developme...

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

Multinationals and Foreign Investment Policies in a Digital World

The purpose of this paper is to discuss the future of the multinational enterprise (MNE) and implications for the international investment regime. The paper begins by summarising current thinking on m...

by | On 27 Jan 2016

Global Production With Export Platforms

Most international commerce is carried out by multinational firms, which use their foreign affiliates for the majority of their foreign sales. In this paper, I examine the determinants of multinationa...

by Penn Stat | On 27 Jan 2016

Small World of Inter-Firm Network and Firm's Acquisition Behaviour

This study finds that the inter-firm network in India on account of director interlocks is a small world and the network has become more integrated since the introduction of corporate governance regul...

by | On 27 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

Pro-Nutrition Agriculture in India: Entry Points and Policy Options

India should comprehensively address its challenge of undernutrition. This includes, pursuing agricultural policies to strengthen agriculture-nutrition linkages. This note suggests that agricultural p...

by S. Mahendra Dev | On 26 Jan 2016

The 1000 Day Window of Opportunity for Improving Child Nutrition in India: Insights from National-level Data

Using Data from National Family Health Surveys (NFHS), this note shows the patterns of child growth in India. It also shows that in India the status of recommended essential interventions in this wind...

by Purnima Menon | On 26 Jan 2016

Economic Reforms and Expenditure on Health in India

In this paper an attempt has been made to analyse the impact of economic reforms on the public health expenditure of 15 major states and the centre as well as the combined expenditure of both the stat...

by Shiddalingaswami Hanagodimath | On 26 Jan 2016

India’s Sri Lanka Policy: Towards Economic Engagement

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

by | On 25 Jan 2016

India in the Emerging World Order: A status quo power or a revisionist force?

This chapter sets out to trace the changing contours of India’s foreign policy by throwing light on: (i) the historical and sociological compulsions shaping India’s strategic trends and the evolution...

by | On 25 Jan 2016

Regulating Microfinance through Codes of Conduct: A Critical Review of the Indian Experience

The paper critically reviews the course of events that led to the development of codes of conduct for the microfinance industry in the country and examines their effectiveness in motivating microfinan...

by Tara S Nair | On 25 Jan 2016

Does Exchange Rate Intervention Trigger Volatility?

This study aims at investigating two important issues concerning the exchange rate intervention policy of the Reserve Bank of India: (1) whether there is any asymmetry in intervention; and (2) whether...

by M. Ramachandran | On 24 Jan 2016

External Shocks

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

by Ashima Goyal | On 24 Jan 2016

Nexus among Output, Inflation and Private Sector Credit in Bangladesh

This study examines the relationship if any among economic growth (output), private sector credit and inflation in Bangladesh. In many developed and developing countries, private sector credit has pla...

by Sayera Younus | On 23 Jan 2016

Impact of Foreign Direct Investment on Bangladesh’s Balance of Payments: Some Policy Implications

This study reports high positive correlation between FDI inflows and Bangladesh’s aggregate exports and imports. The net impact on the current account balance and the balance of payments is positive....

by Muhammad Amir Hossain | On 23 Jan 2016

The SLR as a Monetary Policy Instrument in Bangladesh

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

by Sayera Younus | On 23 Jan 2016

New Trade Links: A Step towards Asian Economic Integration?

This paper states that the sheaf of trade- and investment-agreements that India and Bangladesh have now signed will open up opportunities for New Delhi to look at, and beyond, its near-East neighbour...

by | On 23 Jan 2016

A New Touch of Realism in Bilateral Talks

This paper contends that the complex and chequered Sino-Indian relationship entered a new phase following India’s Prime Minister Narendra Modi’s talks with Chinese President Xi Jinping in his hometown...

by | On 23 Jan 2016

India’s New Neighbourhood-Test

India’s political landscape is likely to be dominated by a new leader, Narendra Modi of the Bharatiya Janata Party (BJP), in ways that the international community is yet to decipher. For now, as Mr Mo...

by | On 23 Jan 2016

Ecosystem-based Approaches to Adaptation : Evidence from two sites in Bangladesh

The ARCAB programme has a well-developed theory of change (ARCAB 2012). This encompasses broader issues relating to the scaling up and out of CBA that are central to ARCAB as a whole and its goal of a...

by Hannah Reid | On 23 Jan 2016

Expanding Foreign Investment in the Energy Sector Challenges and Risks For Bangladesh?

A recent project under the CMI-CPD institutional collaboration agreement has looked at the effect of corruption on investment in the energy sector. A distinction is made between the extraction of ener...

by Arne Wiig | On 23 Jan 2016

Impact of Water and Sanitation Interventions on Childhood Diarrhea: Evidence from Bangladesh

This paper analyses the possible relevance of water and sanitation improvements for diarrhoea reduction in the context of Bangladesh. Much of the public policy thinking in the past was guided by publi...

by Binayak Sen | On 23 Jan 2016

An Analysis of Private Commercial Borrowing from Foreign Sources in Bangladesh

The intention of this study is to get an indication of the trends and uses of private sector commercial borrowing from external sources in Bangladesh. In this paper, an overall picture of the private...

by Sayera Younus | On 23 Jan 2016

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

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

by Bangladesh Bank | On 23 Jan 2016

Creating Alliances for Renewable Energy Investment: Lessons from China and India

Alliances’ of public and private actors can play a crucial role in accelerating the transition to sustainable energy systems, and these groupings can be ‘engineered’. Based on research findings from I...

by Institute of Development Studies IDS | On 23 Jan 2016

What Drives Wind and Solar Energy Investment in India and China?

The focus of this research is on the determinants of low-carbon investment in the world’s two largest emerging economies: China and India. While these countries are responsible for the biggest growth...

by Stephen Spratt | On 23 Jan 2016

East Asia in 2015

The future political landscape of Asia-Pacific would largely be decided, arguably, by happenings in the East Asian region. It is so because in East Asia, the interests of three important players of wo...

by Sandip Kumar Mishra | On 23 Jan 2016

The Impact of Digital Content: Opportunities and Risks of Creating and Sharing Information Online

The Global Agenda Council on Social Media white paper to be launched at the Forum's Annual Meeting 2016, The Impact of Digital Content: Opportunities and Risks of Creating and Sharing Information Onli...

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

The E15 Initiative: Strengthening the Global Trade and Investment System in the 21st Century

World trade has experienced a significant slowdown since the 2008 financial crisis. Over this period, the global ratio of trade expansion to income growth has halved. An effective global trade and inv...

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

The Trans-Pacific Partnership: Implications for India

The Trans-Pacific Partnership (TPP) agreement was signed on 5 October 2015 by the US and 11 countries in the Asia- Pacific. The writers of the TPP expect the agreement to result in the dynamic evoluti...

by Geethanjali Nataraj | On 21 Jan 2016

India and APEC An Appraisal

This Study surveys the progress that APEC has made towards promoting regional economic cooperation and integration. It examines the desirability of India joining APEC and looks at possible benefits an...

by V. S. Seshadri | On 21 Jan 2016

Productivity in the Era of Trade and Investment Liberalization in India

Very recent years India has witnessed wide-ranging economic reforms in her policies governing international trade and FDI flows. As per the findings of the paper, some of the important determinants of...

by Ram Upendra Das | On 21 Jan 2016

The Trans Pacific Partnership (TPP)

The Trans Pacific Partnership (TPP) has emerged as a major regional initiative for trade and investment liberalisation and towards enhancing competitiveness of the twelve participant countries drawn f...

by V. S. Seshadri | On 21 Jan 2016

The European Union's Proposed Carbon Equalisation System: Some Implications for India's Exports

In 2009, the European Union (EU) proposed to use border carbon measures, which could take the form of a direct or indirect “carbon tax”, against imports from its partner countries that were not follow...

by Biswajit Dhar | On 21 Jan 2016

Strengthening Public Health Nurition Education in India

Malnutrition remains a major challenge for public health and for human and economic development in India. A lack of adequately trained public health professionals and nutritionists means that this cha...

by Shweta Khandelwal | On 20 Jan 2016

United Nations E-Government Survey 2014

E-government—digital interactions between governments and people—varies greatly among and within regions, but most countries are making progress on providing greater access, according to the 2014 UN E...

by United Nations (UN) | On 19 Jan 2016

Designing Nutrition-Sensitive Agriculture Investments

The present document is designed to serve as a tool to guide programme planners who are aiming to apply these recommendations in the design of agricultural investments and programmes. The persistence...

by Anna Lartey | On 19 Jan 2016

Crucial Collaborators or Petty Players? The Globalization of R&D and the Rise of China and India

In recent decades, research and development has become a key new arena of globalization. Whereas multinational corporations once conducted R&D primarily in their home countries, it is now often disper...

by Andrew Kennedy | On 18 Jan 2016

Where is India’s Growth Headed?

In this paper, we analyze the sources of output growth in the past three decades and discuss the outlook going forward. Projections are made for the growth of factors of production and the growth of...

by Ila Patnaik | On 18 Jan 2016

Raising Agricultural Productivity and Making Farming Remunerative for Farmers

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

by Niti Aayog GOI | On 18 Jan 2016

The Role of Industrial Policy as a Development Tool: New Evidence from the Globalization of Trade-and-Investment

This paper identifies the ingredients for what it calls “light-handed” industrial policy to address these obstacles. To a certain extent, emerging market hosts can carry out the policy interventions r...

by Theodore H Moran | On 15 Jan 2016

Public Infrastructure as a Determinant of Intertemporal and Interregional Productive Performance in China

This paper focuses on the question whether public infrastructure capital matters for labor productivity in China, both over time and across regions. It finds that public infrastructure is a significan...

by | On 15 Jan 2016

Rebalancing Growth in Asia

Rebalancing growth patterns of Asian economies is an important component of the overall rebalancing effort that will be required in the world economy. In this paper, I provide an empirical characteriz...

by Eswar S. Prasad | On 15 Jan 2016

Beyond Market Access: Trade-related Measures for the Least Developed Countries. What Strategy?

This paper assesses the effectiveness of non-tariff special and differential treatment (SDT) offered exclusively to the least developed countries by WTO agreements. SDTs are inefficient in at least fo...

by | On 11 Jan 2016

Recipients and Contributors: Middle income countries and the future of development cooperation

The new role that middle-income countries (MICs) play in the global landscape obliges international community to review the configuration of the development cooperation system. On the one hand, MICs s...

by | On 11 Jan 2016

The Least Developed Countries Report, 2008

Least developed countries are achieving record rates of economic expansion, but growth is failing to trickle down into significantly improved well-being for the majority of their population. The Least...

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

Urgency of Understanding Sanitation Drivers in ‘Smaller Cities’ in India: National and International Relevance

The paper emphasises the fact that the fastest growth in India’s urban population is occurring in its smaller cities and towns. They have glaringly inadequate sewerage and public sanitation infrastruc...

by Shubhagato Dasgupta | On 09 Jan 2016

Towards ‘Make in South Asia’ Theoretical Basis and Policy Responses for Evolving Regional Values Chains

The paper presents the theoretical canvass emphasising the need to adopt an integrated approach towards trade in goods, trade in services and investment in a regional framework. In this context, rules...

by Ram Upendra Das | On 09 Jan 2016

India-Myanmar Ties: New Hope, Old Despair

India’s current trade negotiations have three agreements as top priorities. Two of these the India ASEAN services agreement and the bilateral trade and investment agreement with the European Union (EU...

by Laldinkima Sailo | On 09 Jan 2016

TRIPS and the Balance between Private Rights and Public Welfare: The Case of Pharmaceutical Sector

This paper tries to analyse the effects of TRIPS on public welfare in the context of the pharmaceutical sector. It takes a closer look at the policies of some developing countries and their usage of t...

by Deeparghya Mukherjee | On 09 Jan 2016

Modi’s Foreign Policy: Focus on the Diaspora

The paper reviews the evolution of India’s diaspora policy and examines the possibilities and pitfalls that could arise from Delhi’s new political enthusiasm for overseas Indian communities. Engagemen...

by C. Raja Mohan | On 09 Jan 2016

Indian agricultural development in the context of economic reforms. Causes of change and issues for a future reform agenda.

This work examines the influence of reforms in the 1990s regarding the agricultural development in India. Many studies have analysed the impact of these reforms but most of them focused on foreign tra...

by Marion Künzler | On 08 Jan 2016

Double Bubble Trouble

Sustaining anything in the region of 7% growth should be good enough in a troubled and risk-laden world.

by T.N. Ninan | On 08 Jan 2016

Prevention and Resolution of Foreign Exchange Crises in East Asia

This paper discusses mechanisms to prevent and resolve foreign exchange crises in East Asia. Policies and mechanisms at the country level as well as regional and global levels are discussed. Policies...

by Andrew Cooper | On 07 Jan 2016

Activity Based Training of WaterAid India Partners in Water Quality Monitoring & Management

Effective monitoring of access to, quantity of and quality of water is a key consideration for India. Given the large investments and big programmes and schemes including the current thrust of Sector...

by People's Science Institute PSI | On 07 Jan 2016

Household Decision-Making Under Threat of Violence: A Micro Level Study in the Chittagong Hill Tracts of Bangladesh

The rural household livelihood and children’s educational investment decisions are analyzed in a post-conflict setting located in the Chittagong Hill Tracts region of Bangladesh. The study represents...

by | 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

Financing Development Cooperation in Northeast Asia

Infrastructure connectivity in Northeast Asia — comprising the northeastern People’s Republic of China, Japan, the Democratic People’s Republic of Korea, the Republic of Korea, Mongolia, and the Russi...

by Masahiro Kawai | On 07 Jan 2016

How Important are Exports and Foreign Direct Investment for Economic Growth in the People's Republic of China?

The global financial crisis and the recent growth slowdown in the People’s Republic of China (PRC) have led to questions about the sustainability of the PRC’s growth. The commonly used argument is tha...

by Yuqing Xing | 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

Contracting out the Last-Mile of Service Delivery: Subsidized Food Distribution in Indonesia

The paper examines these issues by conducting a randomized field experiment in 572 Indonesian localities in which a procurement process was introduced that allowed citizens to bid to take over the imp...

by Abhijit Banerjee | On 07 Jan 2016

Temporary and Permanent Migrant Selection: Theory and Evidence of Ability–Search Cost Dynamics

In this paper, patterns of selection into temporary and permanent migration are described. The simultaneity of migration, education, and other investment decisions creates a stark trade-off between...

by Joyce J Chen | On 06 Jan 2016

ASEAN Economic Integration through Trade and Foreign Direct Investment: Long-Term Challenges

This paper explores the long-term challenges for trade and foreign direct investment (FDI) of the Association of Southeast Asian Nations (ASEAN). The region has emerged as an important production base...

by Masahiro Kawai | On 06 Jan 2016

Estimates of Urban Infrastructure Financing Requirements in India 2006-2031

The paper describes the estimation exercise, i.e. the Urban Infrastructure Per Capita Investment Cost estimation and projection of urban finance requirements for the period 2006-2031 referred to as th...

by Shubhagato Dasgupta | On 05 Jan 2016

2010 Survey of the Sri Lankan People: Findings from a Public Perceptions Survey

In late 2010 The Asia Foundation in Sri Lanka commissioned a public perceptions survey that aimed to capture the post-war mood of the nation. The survey sought to gauge public opinion about the overal...

by The Asia Foundation | On 02 Jan 2016

National Values Survey: Sri Lanka 2011

Sri Lanka is a multi-¬ethnic, multi-¬religious society with four major religions: Buddhism, Hinduism, Islam, and Roman Catholicism. As the country emerges from decades of war, new ethno-¬religious...

by The Asia Foundation | On 02 Jan 2016

The Cost of Moving Goods

Road Transportation, Regulations and Charges in Indonesia. To assess the size and nature of domestic road transportation costs, The Asia Foundation, in partnership with the University of Indonesia's I...

by The Asia Foundation | On 02 Jan 2016

Afghanistan in 2009: A Survey of the Afghan People

The findings from The Asia Foundation's fifth public opinion poll in Afghanistan, Afghanistan in 2009: A Survey of the Afghan People, which covers all 34 of Afghanistan's provinces.

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

Foreign Direct Investment and Poverty

It is widely proclaimed that capital account liberalisation would immensely benefit developing economies because once capital controls are lifted capital would flow from the capital abundant rich coun...

by Pragya Atri | On 01 Jan 2016

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

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

by Kefei You | On 01 Jan 2016

Indo-Nepal Trade Relation: The Phenomenon of Black Hole Effect

In the field of international trade, an economy is assumed to be reeling under the 'BLACK HOLE EFFECT' of another economy, if all the major variables of international trade, irrespective of in which c...

by | On 01 Jan 2016

Gender differences in health expenditure of rural cancer patients: Evidence from a public tertiary care facility in India

This paper investigates if there are gender differences in health expenditures and treatment seeking behavior among cancer patients and finds that the results are consistent with gender discriminati...

by Abhiroop Mukhopadhyay | On 01 Jan 2016

Open Educational Resources: Enhancing Education Provision and Practice

Open educational resources made their appearance in early 2002 as a promising tool for enhancing the quality of and access to education and were perceived to have the potential to reduce costs by reus...

by Jouko Sarvi | On 01 Jan 2016

Service Sector Productivity and Economic Growth in Asia

This paper explores the impacts of more rapid growth in labor productivity in the service sector in Asia based on an empirical general equilibrium model. The model allows for input-output linkages and...

by Jong-Wha Lee | On 30 Dec 2015

Deepening the Social Dimensions of Regional Integration

The present report presents an overview of some recent trends and future challenges regarding the deepening of the social dimensions of regional integration, in light of the Recommendations of the Rep...

by | On 29 Dec 2015

Labour Standards and Development Finance Institutions: A Review of Current Policies and Activities

Development Finance Institutions (DFIs) have the purpose of providing financial resources to economic actors in regions and sectors where access to capital is limited. Rather than competing with priva...

by | On 29 Dec 2015

Trade in Value Added: An East Asian Perspective

This paper aims to provide a non-technical explanation of the concept of trade in value added, with particular reference to East Asia. The trade in value added approach allows us to redefine the relat...

by Satoshi Inomata | 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

Connecting South Asia to Southeast Asia: Cross-Border Infrastructure Investments

Most of the trade between South Asia and Southeast Asia is by sea. However, with improved infrastructure and easier border crossing procedures, land traffic could grow to boost trade in goods, service...

by Jean-Francois Gautrin Gautrin | On 29 Dec 2015

The Role of Sri Lanka in Enhancing Connectivity between South Asia and Southeast Asia

Improving physical connectivity between South and Southeast Asia has long been recognized as a key element in promoting greater trade and investment linkages within the region. As an island economy, S...

by Dushni Weerakoon | On 29 Dec 2015

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

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

by Farhad Hesary | On 29 Dec 2015

A Connectivity-Driven Development Strategy for Nepal: From a Landlocked to a Land-Linked State

Nepal's lackluster economic performance during the post-conflict period (that is, after November 2006) has been driven by remittances from the export of labor services and the improved performance of...

by Pradumna Rana | On 29 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

Policy Options for India in Afghanistan

This brief explores the potential future policy options for the Indian government and does not touch upon the initiatives already undertaken by New Delhi in Afghanistan. New Delhi must try to optimise...

by Rajeshwari Krishnamurthy | On 23 Dec 2015

Fiscal Decentralization And Tax Incentives In The Developing world

Many developing countries use tax incentives to attract foreign direct investment, sacrificing immediate revenue from foreign capital, even though the effects of tax incentives on investment, growth,...

by Quan Li | On 23 Dec 2015

Endangering the Investment Climate

Achieving the Sustainable Development Goals (SDGs) will require high levels of productive private and public sector investment, which in turn requires a suitable investment climate. This paper provide...

by | On 22 Dec 2015

Thailand’s Investment in India’s Northeast: Strategies, Potentials and Risks

The imperatives for Thailand’s investment in the Northeast have come from two important considerations, reflecting longterm strategic objectives of the Look West Policy of Thailand. First, India’s nor...

by | On 22 Dec 2015

Now Corporate Paralysis

Public investment financed by the government's own or borrowed resources do not provide an adequate answer to the problem of relatively low investment.

by T.N. Ninan | On 18 Dec 2015

Managing the Family Firm: Evidence from CEOs at Work

We develop a new survey instrument to codify CEOs’ diaries in large samples and use it to measure the labor supply of 1,114 family and professional CEOs of manufacturing firms across six countries...

by Oriana Bandiera | On 18 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

External Sector Openness Management: The Bangladesh Experience

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

by Abdul Wahab | On 18 Dec 2015

India's Sri Lanka Policy: Towards Economic Engagement

India's Sri Lanka policy has built upon economic engagement to cooperate on initiatives of strategic importance. The lesson one can learn from this is the potential of economic linkages to overcome a...

by | On 18 Dec 2015

Channelling Household Savings to Productive uses Through the Capital Markets

Savings provides the means for investments. Typically, investments are primarily funded through domestic savings and the rest through foreign capital inflows. Domestic savings are from three sources -...

by Vardhana Pawaskar | On 17 Dec 2015

Nepal: A Failing State or a State in Transition?

The modest intention of this paper is to question the above assertion that Nepal is a failing state. To this end, it shall firstly outline the broad definition of failing states. Secondly, it will off...

by Oliver Housden | On 17 Dec 2015

Contemporary Naxal Movement in India: New Trends, State Responses and Recommendations

This paper makes an attempt to map the Maoist conflict in its present state of affairs and while describing its present manifestations, the past links have always been revisited. The paper also attemp...

by | On 17 Dec 2015

Post - Harvest Management of Mushrooms with Special Reference to Himachal Pradesh

The mushrooms of Himachal Pradesh should be established 'As a quality produce of India' in foreign markets to exploit present declining trend of mushroom production in many producing countries. In a...

by Ministry of Agriculture GOI | On 17 Dec 2015

The Economic Case for Devoting Public Resources to Health

Major health problems persist, particularly in tropical countries, which are still struggling with infectious diseases while increasingly having to deal with noncommunicable diseases. Several classic...

by David E. Bloom | On 17 Dec 2015

Connecting the Disconnected: Improving Education and Employment Outcomes Among Disadvantaged Youth

In this paper we will briefly review recent trends in employment outcomes for disadvantaged youth, focusing specifically on those who have become "disconnected" from school and the labor market, and w...

by Peter Edelman | On 17 Dec 2015

Building Tax Capacity in Developing Countries

The agenda for the Third International Conference on Financing for Development suggests there will be less focus on aid, and more on how developing countries can generate their own financial resources...

by Mick Moore | On 16 Dec 2015

Can Green Growth Really Work and What Are the True (Socio-) Economics of Climate Change?

Many economists and policymakers advocate a fundamental shift towards "green growth" as the new, qualitatively-different growth paradigm, largely based on enhanced material/resource/energy efficiency,...

by Ulrich Hoffmann | On 16 Dec 2015

Information Goes Global: Protecting Privacy, Security, and the New Economy in a World of Cross-border Data Flows

information across borders with legitimate government concerns related to public order, consumer privacy, and security. The paper begins by highlighting the risks associated with limitations on free i...

by | On 16 Dec 2015

Climate-Smart Agriculture: Smallholder Adoption and Implications for Climate Change Adaptation and Mitigation

There are a wide range of agriculture-based practices and technologies that have the potential to increase food production and the adaptive capacity of the food production system, as well as reduce em...

by | On 09 Dec 2015

Regional Inequality and ‘Inclusive Growth’ in India under Globalization: Identification of Lagging States for Strategic Intervention

This paper analyses the trends and patterns of economic inequality across Indian states since the early 1990s. The inter-state inequality in per capita income and consumption expenditure show a clear...

by | On 04 Dec 2015

Vital Stats: Overview of Issues in the Power Sector in India

In the recent past, several initiatives have been taken to address the challenges in the power sector. These include structural changes in the regulatory framework as proposed by the Electricity (Ame...

by Prachee Mishra | On 04 Dec 2015

Call Centre as an Emerging Work Space – A Study of its Workers in Indian Context

An attempt is made in this paper to understand the different dimensions of the call centre as an emerging workspace. The paper provides a critical narrative of the profile of respondents (N=22), natur...

by B.Devi Prasad | On 02 Dec 2015

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

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

by E. Somanathan | On 01 Dec 2015

Investment and Growth in India under Liberalization: Asymmetries and Instabilities

This paper makes the case that the growth trajectory of the Indian economy in the post-1991 liberalization period is characterised by an inherent source of instability in manufacturing and industrial...

by | On 20 Nov 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

Workfare and Human Capital Investment: Evidence from India

The paper examines the effect of India's National Rural Employment Guarantee Scheme (NREGS), one of the largest workfare programs in the world, on human capital investment. Since NREGS increases labor...

by | On 16 Nov 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 the analysis is based on diffe...

by Naoyuki Yoshino | On 13 Nov 2015

The Promise and Perils of Participatory Policy Making

This paper examines evidence on the advantages and limitations of participatory governance. The study compares theoretical predictions with the experience of South Africa, where policy-making fora ope...

by | On 04 Nov 2015

Beyond Drugs: TB Patients in Bangladesh need Urgent Attention for Nutrition Support during Convalescene

This study measures the nutritional status (using Body Mass Index or BMI) of TB patients before, at two months, and after completion of TB treatment (DOTS) to study the changes during treatment and it...

by Environmental Management & Policy Research Institute | On 29 Oct 2015

Global Employment Trends for Youth 2015

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

by | On 28 Oct 2015

Process Evaluation of a Project on Vulnerability Reduction of Women Affected by Climate Change

It is evident that the poor, especially women and children are highly vulnerable to the impacts of climate change because of their limited adaptive capacity. In such circumstances, BRAC Disaster, Envi...

by Tahera Akter | On 26 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

Delivering the Post-2015 Development Agenda

This report looks in depth at the factors within each country that will support or impede implementation. A set of Dialogues has been exploring these factors and are still capturing ideas around these...

by | On 15 Oct 2015

Utilization of ICDS Services and their Impact on Child Health Outcomes Evidence from Three East Indian States

The study analyses a rural household’s decision to participate in a public pre-school intervention called the Integrated Child Development Scheme (ICDS), and evaluates its impact on anthropometric out...

by Meenakshi J V | On 15 Oct 2015

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

Bihar has lowest per capita income amongst the major states of India and high rate of persistent poverty with social structure fragmented based on caste lines. Therefore present study has been underta...

by | On 14 Oct 2015

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

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

by Vijay Intodia | On 14 Oct 2015

Policies for a Better-Fed World

A wide range of interventions, from subsidized grains all the way to conditions on nutrition in conditional cash transfers, have either been tried or put in place in different countries in order to fi...

by Abhijit Banerjee | On 12 Oct 2015

Now for the Reality Play

What the government needs to do, perhaps, is to spell out an action agenda for the next four months, in the run-up to the 2016 Budget.

by T.N. Ninan | On 02 Oct 2015

Ground Water and Farm Incomes at Risk from Climate Change in Tamil Nadu, India

Research from South India suggests that climate change will affect ground water availability with serious and negative implications for agriculture. Any increase in temperature above a threshold of ...

by R. Balasubramanian | On 30 Sep 2015

Finances for Health in India: Are New Sources the Way to Go?

The Government of India has proposed the National Health Assurance Mission (NHAM) to move the country rapidly towards universal health coverage (UHC), by providing all citizens with specified drugs, d...

by Indrani Gupta | On 30 Sep 2015

The Power of Parity: How Advancing Women's Equality can Add $12 trillion to Global Growth

In this report, MGI explores the economic potential available if the global gender gap were to be closed. The research finds that, in a full-potential scenario in which women play an identical role...

by Jonathan Woetzel | On 30 Sep 2015

Institutional Changes Favouring FDI Inflows to India: Gradual Transformation Since 1969

How did India respond to globalization in the realm of inward foreign direct investment (FDI)? This paper presents the economic institutional change favouring FDI inflows at the union level of India b...

by | On 25 Sep 2015

Global Nutrition Report Actions and Accountability to Advance Nutrition and Sustainable Development

The Global Nutrition Report 2015 is a report card on the world’s nutrition globally, regionally, and country by country and on efforts to improve it. It assesses countries’ progress in meeting global...

by International Food Policy Research Institute | On 24 Sep 2015

Present State of Goods and Services Tax (GST) Reform in India

There are several challenges before introduction of GST and these can be classified into two broad heads – a) GST Design and Structure related, and b) GST Administration and Institutional. On design r...

by Sacchidananda Mukherjee | On 24 Sep 2015

The Nexus between Agriculture and Nutrition: Do Growth Patterns and Conditional Factors Matter?

This paper seeks to provide an overview of the complex and dynamic relationship between nutrition and growth, examine how different growth patterns lead to different nutritional outcomes, and identif...

by | On 22 Sep 2015

Building Tax Capacity in Developing Countries

The agenda for the Third International Conference on Financing for Development suggests there will be less focus on aid, and more on how developing countries can generate their own financial resources...

by | On 22 Sep 2015

The Sunday Edit: A Depressing Malady

The rising incidence of suicides, and mental health problems in India, especially among youth, cannot be wished away. There is a critical need to recognise the malevolent neglect of the state of ment...

by Nikhil Govind | On 20 Sep 2015

Seventh, after Seven

Seven years after the financial crisis, countries have done well. India is also doing well but there is a lot of difference in the programmes announced and how they are implemented.

by T.N. Ninan | On 19 Sep 2015

Foreign Investment in Hospital Sector in India: Trends, Pattern and Issues

This study examines the status of and trends in foreign investment inflow into the Indian hospital sector and highlights the emerging issues from 2000 to 2014, the era of liberalised foreign investmen...

by | On 14 Sep 2015

Space 2.0: Shaping India's Leap into the Final Frontier

As a long-term investor in space technology and infrastructure, India aspires to be one among the top nations in the world in terms of government space investment. Though space investment has been gro...

by | On 07 Sep 2015

Institutional Constraints to Innovation: Artisan Clusters in Rural India

The paper offers a ctitical understanding of the policy approaches for rural industrialization by underscoring inadequate understanding of the dynamics understanding of the dynamics or specificities...

by Keshab Das | On 03 Sep 2015

Identity, Interests and Indian Foreign Policy

This paper argues that India’s foreign economic policies were shaped to a substantial extent by developmental ideas within the Indian state and by the international context of the Cold War. Individual...

by | On 25 Aug 2015

Globalisation, Growth and Employment in the Organised Sector of the Indian Economy

One of the most important forces that have shaped India’s economy in the last two and a half decades is the process of globalization. This has been a world-wide phenomenon, and India could not have re...

by B.N. Goldar | On 24 Aug 2015

Strategies for Building Livelihoods for the Poorest of the Poor

Building livelihoods and assets for the poorest of poor (PoP) has been an area of serious concern for development practitioners the world over. This is an even bigger challenge for India as the poores...

by Ranu Bhogal | On 24 Aug 2015

Addressing Long-term Challenges to Food Security and Rural Livelihoods in South Asia

Notwithstanding its impressive economic growth, food insecurity in South Asia continues to be a stark reality for a large number of households. Despite several successful policy interventions by Gover...

by K. S. Kavi Kumar | On 19 Aug 2015

Recent Developments in Myanmar and New Opportunities for Sub-Regional Cooperation: A Bangladesh Perspective

The paper analyses the potential opportunities between Bangladesh and Myanmar stemming from sub-regional cooperation. The paper examines Myanmar’s integration into the regional and global economy toge...

by Debapriya Bhattacharya | On 18 Aug 2015

Don’t Target the Media

It is not correct to blame the media when effective communication suffer. The government will have to recheck its media policies and the distance it has to keep the media.

by T.N. Ninan | On 15 Aug 2015

Regulatory Barriers to Micro, Small and Medium Enterprises

Against the post-New Industrial Policy (1991) growth witnessed in large-scale industries, a corresponding boom in the small and mid-sized domestic industry has been conspicuously absent. The paper see...

by Amit Chandra | On 13 Aug 2015

Effectiveness of School Input Norms under the Right to Education Act, 2009

The Right of Children to Free and Compulsory Education Act (RTE), 2009 ratified education as a fundamental right and seeks to promote equitable access to education for all children up to the age of 14...

by Centre for Civil Society CCS | On 13 Aug 2015

Reduction of GHG Emissions and Attainment of Energy Security through Sustainable Production of Biofuels: Is it a Viable Option? A Review of Experinces

The National Policy on Biofuels sets an indicative target of 20per cent blending of biofuels by 2017 to tackle the twin problem of energy security and climate change. Although biofuels seem to be the...

by Gopinath Reddy | On 13 Aug 2015

Trade and Transport Facilitation in Bangladesh: An Audit of the State of Play

This working paper embodies the results of trade and transport facilitation audit which was carried out in the Bangladesh context, as part of a South Asian regional study.The study documents the major...

by Naimul Saif | On 11 Aug 2015

IT Governance and IT Strategy: Board's Eye View

Banking in India and globally is undergoing and there are many challenges that are lying ahead. The basic underlying theme that runs through this changing landscape is the ever increasing reliance on...

by Harun R Khan | On 04 Aug 2015

The Role of Technical and Vocational Education in the National Development of Bangladesh

Education is a basic human right and considered by many as a key tool for national development. However, this tenet has been challenged by several economists, especially Pritchett (1996). His empirica...

by Gazi Mahabubul Alam | On 03 Aug 2015

Foreign Investment in Hospital Sector in India: Trends, Pattern and Issues

This study examines the status of and trends in foreign investment inflow into the Indian hospital sector and highlights the emerging issues from 2000 to 2014, the era of liberalised foreign investmen...

by | On 31 Jul 2015

Resolving the Food Crisis – Assessing Global Policy Reforms Since 2007

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

by | On 30 Jul 2015

Research Productivity in Management Schools of India: A Directional Benefit-of-Doubt Model Analysis

Given the growing emphasis on research productivity in management schools in India, composite indicator (CI) of research productivity is developed, using the directional benefit-of-doubt (D-BOD) model...

by Biresh K Sahoo | On 20 Jul 2015

Safeguard Implementation: How Can We Make It More Meaningful?

The report presents the (i) safeguard systems of Bhutan, India and Nepal; (ii) differences in national safeguard laws and institutional processes with the Asian Development Bank’s safeguards policy; (...

by Asian Development Bank Institute | On 13 Jul 2015

Can Foreign Banks Contribute to Financial Inclusion?

If the entry of foreign banks results in a concentrated banking sector, as has been the case in several Central and Eastern European countries, then the goals of achieving financial inclusion are adve...

by Ramkishen S. Rajan | On 05 Jul 2015

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

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

by Dasho Kinzang Dorji | On 26 Jun 2015

Assessing Development Assistance for Mental Health in Developing Countries: 2007–2013

Despite an expanding body of evidence suggesting that sustainable mental health care can be effectively integrated into existing health systems at relatively low cost, mental health has not received s...

by Barnabas J Gilbert | On 16 Jun 2015

Mid-Year Review of the Indian Economy 2014-15

This economic outlook by NCAER, analyses expected growth, inflation, balance of payments, fiscal balances, savings and investment trends, and covers the state of important sectors of the economy, inc...

by National Council of Applied Economic Research | On 15 Jun 2015

The Dance of the Elephant and the Dragon: The Promise and Perils of Sino-Indian Relations

India and China, two of the world's oldest civilisations, have had little historically relevant interactions with one other. Separated by the world's highest mountain range, the Himalayas, neither of...

by Himanil Raina | On 04 Jun 2015

Maul in India - What Next?

Direct mail is in danger of being vanished from this country. Mismanagement and lack of interest from the government bodies has made mail’s future precarious, finds out PrintWeek India.

by PrintWeek India PWI | On 28 May 2015

Mail in India - What Next?

Direct mail is in danger of being vanished from this country. Mismanagement and lack of interest from the government bodies has made mail’s future precarious, finds out PrintWeek India

by PrintWeek India PWI | On 28 May 2015

Towards a Water and Food Secure Future

The aim of this paper is to provide policy-makers with a helpful overview of the technical and economic aspects of water use in agriculture, with particular emphasis on crop and livestock production....

by Food and Agriculture Organization of the UN UN | On 15 Apr 2015

Prospects of Asian Infrastructure Investment Bank

AIIB is expected to accelerate economic development and integration of Asia through the promotion of investment in the infrastructure sector. AIIB have several priority areas include transport, energy...

by Makmun Syadullah | On 03 Apr 2015

Foreign Trade Policy: 1st April, 2015 – 31st March, 2020

The new five year foreign trade policy, 2015-2020 provides a framework for increasing exports of goods and services as well as generation of employment and increasing value addition in the country. Th...

by Ministry of Commerce and Industry GOI | On 02 Apr 2015

State Effectiveness, Growth, and Development

This paper discusses recent developments in the literature on state effectiveness. Each section covers the relevant theory with a special focus on the current knowledge about the mechanisms highlighte...

by | On 01 Apr 2015

BRICS Trade Policies, Institutions and Areas for Deepening Cooperation

This document studies the Trade Policies and Institutions of BRICS, India and BRICS: issues of trade and technology; and examines the scope for deepening cooperation in services among BRICS members. T...

by | On 24 Mar 2015

A Dynamic Economic Model of Soil Conservation Involving Genetically Modified Crop

This paper attempts to model the positive role of cultivation of Genetically Modified (GM) crop with its soil-anchoring root-characteristic and use of conservation-tillage technology, in saving orga...

by Amrita Chatterjee | On 23 Mar 2015

Capturing the Demographic Dividend in Pakistan

Currently, 28 per cent of Pakistan is between ages 15 and 29. Translating this “youth bulge” into a “demographic dividend” is a principal challenge and the main theme of this volume. A key message is...

by Zeba Sathar | On 19 Mar 2015

Nanotechnology Development in India An Overview

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

by | On 19 Mar 2015

Structural Changes in India’s Foreign Trade

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

by | On 18 Mar 2015

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

Financial Access - Measurement and Determinants: A Case Study of Unorganised Manufacturing Enterprises in India

This paper attempts to study financial access of unorganized manufacturing enterprises in India given their importance to the economy and the fact that finance has been the main constraint on their gr...

by T.A. Bhavani | On 12 Mar 2015

Economic Survey 2014-15: Vol II

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

by Ministry of Finance | On 28 Feb 2015

Budget Speech 2015-16

Budget speech of Finance Minister

by Arun Jaitley | On 28 Feb 2015

Indian Railway Budget Speech 2015-16

Speech of Shri Suresh Prabhakar Prabhu introducing the Railway Budget for 2015-16

by Suresh Prabhakar Prabhu | On 26 Feb 2015

Public Private Sector Partnerships in an Agricultural System of Innovation: Concepts and Challenges

The purpose of this paper is to explore current practice, speculate on future patterns of PPP and discuss how partnership can be leveraged in the development process. The paper seeks to view PPP exper...

by Andy Hall | On 16 Feb 2015

Financing for Infrastructure Investment in G-20 Countries.

This study looks into various sources of financing infrastructure and the demands for infrastructure investments and highlights the mismatch between demand and supply of funds for infrastructure finan...

by Ramprasad Sengupta | On 11 Feb 2015

Indian Public Finance Statistics 2013-14

Indian Public Finance Statistics' is an annual publication prepared by the Economic Division of the Department of Economic Affairs, Ministry of Finance. This provides a comprehensive overview of the b...

by Ministry of Finance | On 10 Feb 2015

Financial Access - Measurement and Determinants: A Case Study of Unorganised Manufacturing Enterprises in India

This paper attempts to study financial access of unorganized manufacturing enterprises in India given their importance to the economy and the fact that finance has been the main constraint on their gr...

by T.A. Bhavani | On 09 Feb 2015

A Post-2015 World Fit for Children

This issue brief outlines a roadmap for human progress over the next 15 years. Known as the Sustainable Development Goals, these new global targets will drive investment and action in virtually every...

by United Nations Children's Fund UNICEF | On 20 Jan 2015

Designing Policies in the Presence of Hawala Markets

The paper explores the impact of the existence of such a mechanism on the effectiveness of various policy instruments in influencing outcomes on the official foreign exchange markets and GDP. The pape...

by R.Kavita Rao | On 13 Jan 2015

Food Security and Nutritional scenario of India- An overview

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

by | On 26 Dec 2014

China and Its Peripheries: Contentious Relations with North Korea

This brief discusses China's political, economic, territorial, and security relations with North Korea. It suggests that although China remains North Korea's most important ally as well as its biggest...

by | On 26 Dec 2014

Student Politics: A Game-Theoretic Exploration

The student parties on campus are essentially student wings of larger national parties, which command huge amounts of resources that are used during elections, often instigating conflict and violenc...

by Soumyanetra Munshi | On 01 Dec 2014

Myth of Chinese Labour Flexibility

India has been a land of myths. Industrial relations are no exception to this trend. The arguments in the name of supporting the chorus for labour law and governance reforms, when reviewed carefully w...

by K.R. Shyam Sundar | On 14 Nov 2014

Criss-Crossing Globalization: Uphill Flows of Skill-Intensive Goods and Foreign Direct Investment

This paper documents an unusual and possibly significant phenomenon: the export of skills, embodied in goods, services or capital from poorer to richer countries. A set of stylized facts is presente...

by Aaditya Mattoo | On 06 Nov 2014

International Migration and Development in East Asia and the Pacific

The East Asia and Pacific (EAP) region has an international emigrant population of more than 21 million people who remitted US$112 billion to their home countries in 2013. The region also hosts more t...

by Ahmad Ahsan | On 31 Oct 2014

Infrastructure Challenges in India: The Role of Public-Private Partnerships

Inadequate infrastructure was recognized in the Eleventh Plan as a major constraint for rapid growth. The Plan had, therefore, emphasized on the need for massive expansion on investment in infrastruct...

by Geethanjali Nataraj | On 16 Oct 2014

Youth in Transition: The Challenges of Transitional Change in Asia

This book originates from a conference of the Association of Asian Social Science Research Councils and contains writings and research reports on Youth in Transition in the Asia and Pacific region. Th...

by UNESCO UNESCO | On 16 Oct 2014

Political Economy of Transition from Manmohanomics to Modinomics

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

by Surajit Mazumdar | On 22 Sep 2014

Economic and Financial Outlook

A picture about the macroeconomy that is, the world economy and the domestic economy is given. The two recent regulatory measures are given here. [FICCI/IBA Annual Banking Conference].

by Raghuram G. Rajan | On 18 Sep 2014

Real Estate and Hosing-A Sensitive Sector or Samvriddhi Sector ?

The speech shows the investment government has done for the housing and real estate sector. There are recommendations on how the sector can be improved.

by R. Gandhi | On 22 Aug 2014

A BRIC Development Bank: A Dream Coming True?

BRICS leaders have approved creating a new development bank which would fund long-term investment in infrastructure and more sustainable development. This paper documents the scale of unmet needs in t...

by Stephany Jones | On 21 Aug 2014

Modified Budget Rajasthan: 2014-15

Budget speech by chief minister Vasundhara Raje

by Vasundhara Raje | On 21 Jul 2014

No Shortage of Money

The new government wants to increase investment in various sectors. The government has funds but the Finance Minister has said about lack of funds in the Budget. Public private partnerships (PPPs) can...

by T.N. Ninan | On 17 Jul 2014

Railway Budget 2014-15: Analysis

The Minister of Railways, D V Sadananda Gowda, presented the Railways Budget 2014 to Parliament on July 8, 2014. In his address, he assessed the performance of Railways in 2013-14 and laid out his...

by Prachee Mishra | On 16 Jul 2014

BCIM Economic Corridor: Prospects and Challenges

Given the commonalities in terms of history, culture, languages and trade complementarity in many cases, the Bangladesh-China-India-Myanmar (BCIM) Corridor is a win-win arrangement. The linkages of tr...

by Pravakar Sahoo | On 15 Jul 2014

Employment Stagnancy in India: Policy Plus Monetary reform

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

by Aritra Chakrabarty | On 10 Jul 2014

Speech of the Minister for Railways 2014-15

Railway budget 2014-15.

by D.V. Sadananda Gowda | On 09 Jul 2014

Connecting South Asia to Southeast Asia: Cross-Border Infrastructure Investments

Most of the trade between South Asia and Southeast Asia is by sea. However, with improved infrastructure and easier border crossing procedures, land traffic could grow to boost trade in goods, service...

by Jean-Francois Gautrin Gautrin | On 02 Jun 2014

Deregulating the Transfer of Agricultural Technology: Lessons from Bangladesh, India, Turkey, and Zimbabwe

Many transition and developing economies have reduced direct public involvement in the production and trade of seed and other agricultural inputs. This trend creates opportunities for farmers to reali...

by David Gisselquist | On 23 May 2014

Agricultural Research and Productivity Growth in India

This research report, which examines the effects of research and development on productivity in India, finds that India is still benefiting from these investments. The report shows that the public ben...

by Robert E Evenson | On 29 Apr 2014

Addressing the Global Food Crisis: Key trade, investment and commodity policies in ensuring sustainable food security and alleviating poverty

The recent global food crisis can be seen as a wake-up call which can be turned into an opportunity by developing countries and the international community to revitalize global agriculture producti...

by United Nations Conference on Trade and Development | On 22 Apr 2014

Measuring Value In Global Value Chains

This paper compares alternative ways of measuring participation of a country in Global Value Chains (GVCs) and estimates distribution of gains between countries in terms of Countries' shares in total...

by Rashmi Banga | On 10 Mar 2014

Global Value Chains And Development

Global trade in goods and services, which today amounts to more than $20 trillion, includes a significant amount of double counting. Raw material extracted in one country may be exported first to a se...

by United Nations Conference on Trade and Development | On 10 Mar 2014

National Food Security Bill Challenges and Options

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

by Ashok Gulati | On 23 Jan 2014

Overcoming Child Malnutrition in Developing Countries: Past Achievements and Future Choices

"About 167 million children under five years of age —almost one-third of the developing world's children —are malnourished. If they survive childhood, many of these children will suffer from poorer co...

by Lisa C. Smith | On 22 Jan 2014

The Way Forward for Northeast India

This paper seeks to explain the idea of linking Northeast India to Southeast Asia, which gained popular imagination following the release of the North Eastern Region Vision 2020 document in 2008. Howe...

by Laldinkima Sailo | On 22 Jan 2014

Financing Infrastructure in Bangladesh – Some Options

This paper seeks to outline the infrastructure needs of Bangladesh with respect to domestic sources of finance. While infrastructure encompasses energy, transportation, telecommunications, water and...

by Ishraq Ahmed | On 22 Jan 2014

India’s Development Cooperation: Charting New Approaches in a Changing World

This report first briefly delves into the historical context within which India's development cooperation must be seen and the role, objectives and the functioning of the DPA is explained. The report...

by Vivan Sharan | On 21 Jan 2014

India’s Regional Security Cooperation: The Nehru Raj Legacy

The paper explores the logic of continuity in independent India’s security policy from where the British Raj had left off. Much like the Raj, Nehru’s India sought to provide security to its smaller ne...

by prashant kumar | On 21 Jan 2014

Governance and Development Outcomes in Asia

The relationship between governance and economic development is one of the most important areas of research in international development. Much of the previous literature has focused on whether better...

by Kunal Sen | On 20 Jan 2014

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

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

by Krisztina Kis Katos | On 17 Jan 2014

Regional Cooperation on the Ganga Basin: Yet a mirage?

Ganges is one of the important rivers of South Asia. It is a trans-boundary river between India and Bangladesh. Some rivers, originating in the Tibetan Autonomous region of the People's Republic of Ch...

by Dwarika Dhungel | On 15 Nov 2013

Regional Comprehensive Economic Partnership: Reform Challenges and Key Tasks for the Philippines

The paper calls the attention of policymakers to address critical constraints affecting the effective utilization of free trade agreements, growth, trade facilitation and customs administration, servi...

by Gilberto M. Llanto | On 15 Nov 2013

Welfare and Poverty Impacts of India’s National Rural Employment Guarantee Scheme: Evidence from Andhra Pradesh

India’s National Rural Employment Guarantee Scheme (NREGS) is one of the largest public works programs globally. Understanding the impacts of NREGS and the pathway through which its impacts are realiz...

by Songqing Jin | On 14 Oct 2013

Changing Leadership in Computer and Information Services, Emergence of India as the Current World Leader in Computer and Information Services

The paper analyses the changing leadership in Computer and Information Services (CIS). Leadership is measured in terms of export shares. The leadership appears to have changed from United States of ...

by Sunil Mani | On 10 Oct 2013

Measuring International Remittances in India: Concepts and Empirics

India is the top remittance receiving nation in the world. The international remittance receipts in India have grown at an impressive rate of 300 per cent during the past decade. Understanding the tru...

by Puja Guha | On 13 Sep 2013

Preliminary Evidence on Internal Migration, Remittances, and Teen Schooling in India

Migration can serve as an outlet for employment, higher earnings, and reduced income risk for households in developing countries. The 2004–2005 Human Development Profile of India survey is used to exa...

by Valerie Mueller | On 06 Sep 2013

Statement by Dr. Raghuram Rajan

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

by Sabeeta Badkar | On 05 Sep 2013

Malaysia: Recent Developments in Agricultural Research

Main issues of concern looking to the future include ongoing maintenance of capacity and infrastructure given government funding cuts, and the training and mentoring of junior staff needed to replace...

by Kathleen Flaherty | On 04 Sep 2013

Migration and Poverty in India: A Multi-Patterned and Complex Reality

The paper reviews the existing evidence on migration-poverty interface in the light of the macro and micro level studies in India. It also discusses the extent, patterns, and correlates of short term...

by Amita Shah | On 03 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

The Companies Bill, 2012

A bill to consolidate and amend the law relating to companies. [Ministry of Corporate Affairs]. URL:[http://www.mca.gov.in/Ministry/pdf/The_Companies_Bill_2012.pdf].

by Ministry of Corporate Affairs GOI | On 09 Aug 2013

Innovation, Efficiency, Productivity and Intellectual Property Rights: Evidence from a BRIC Economy

The innovation, efficiency and productivity responses to the stronger protection of intellectual property rights post-TRIPs, with reference to manufacturing industry in India is studied. The fact that...

by Sunil Kanwar | On 12 Jul 2013

Driving Force: Labour Struggles and Violation of Rights in Maruti Suzuki India Limited

As reports of severe harassment of Maruti workers and their families trickled in in late July 2012, Peoples Union for Democratic Rights (PUDR) undertook a fact finding investigation into the inciden...

by PUDR Peoples Union for Democratic Rights | On 07 Jun 2013

Examining Private Participation in Embankment Maintenance in the Indian Sundarbans

This paper analyses the complementarities between land productivity and conservation investments in the context of river embankment maintenance in the Indian Sundarbans.[SANDEE]. URL:[http://www.san...

by Prasenjit Sarkhel | On 06 Jun 2013

Addressing Long - term Challenges to Food Security and Rural Livelihoods in South Asia

Notwithstanding its impressive economic growth, food insecurity in South Asia continues to be a stark reality for a large number of households. Despite several successful policy interventions by Gover...

by K.S. Kavi Kumar | On 23 May 2013

What Is Wrong With Kerala’s Education System?

The question that is increasingly being posed is whether Kerala's education can continue to play a major role in the future without keeping up with the vast changes taking place in all disciplines. It...

by K.K. George | On 25 Apr 2013

The Political Economy of Food Pricing Policy in China

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

by Jikun Huang | On 18 Apr 2013

Promoting Democracy in Myanmar: Political Party Capacity Building

The importance of the political parties in Myanmar and their role as the creators of the future of the country. The course of the present developments relies on the ability of the political parties....

by Aung Aung (IR) | On 09 Apr 2013

Employment Effects of Low-Skilled Immigrants in Korea

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

by Jungho Kim | On 03 Apr 2013

Federal Budget Pakistan: 2012-13

Budget speech by Minister of Finance. [Ministry of Finance]. URL:[http://www.finance.gov.pk/budget/budget_Speech_12_13.pdf].

by Minister of Finance Pakistan | On 22 Mar 2013

Repayment and Exclusion in a Microfinance Experiment

The experiment is designed to explore the effectiveness of such sanctions in improving repayment incentives. Groups of 10 members are provided with joint-liability loans for a specific investment pr...

by Jean Marie Baland | On 07 Mar 2013

Gambling on the Private Sector at the Cost of the Working Class: NTUI Statement

The budget offers no programme for job creation or any substantive policy measures to contain inflation that continues to erode the real wage while it commits itself to cash transfers and cuts in subs...

by Gautam Mody | On 01 Mar 2013

No Fireworks Railway Budget

Modernization, encouragement to PPP, integration of MGNREGA, has been given importance in the railway budget.

by IRIS India IRIS | On 27 Feb 2013

Railway Budget Speech 2013-14

Speech of Sh. Pawan Kumar Bansal. URL:[http://www.indianrailways.gov.in/railwayboard/uploads/directorate/finance_budget/Budget_2013-14/English_Speech_2013-14.pdf].

by Sh. Pawan Kumar Bansal | On 26 Feb 2013

Address by the President of India, Shri Pranab Mukherjee to Parliament

Reviving economic growth is the priority of the government. [http://presidentofindia.nic.in/sp210213.html].

by Pranab Mukherjee | On 22 Feb 2013

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

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

by Claudia Astarita | On 21 Feb 2013

The Companies Bill, 2011: FIfty-Seventh Report

According to the Ministry of Corporate Affairs, most of the recommendations made by the Committee in their earlier Report (21st Report) on the Companies Bill, 2009 have been accepted by the Government...

by Lok Sabha Secretariat | On 12 Feb 2013

Standing Committee on Finance on Companies Bill

The Companies Bill, 2009 was introduced on August 3rd 2009. The Standing Committee presented its report on August 31st 2010. The central government withdrew this Bill in the winter session of 2011. I...

by Parliamentary Research Service PRS | On 11 Feb 2013

Economic Policies and Agricultural Incentives: The Philippine Case

The purpose of this paper is to analyze the impact of economic policies on Philippine agricultural incentives from 1960 up to 1992. Apart from economic policies affecting price incentives, cover publi...

by Cristina C. David | On 24 Jan 2013

The New Great Walls: A New Guide to China's Overseas Dam Industry, Second Edition

Chinese hydropower companies and banks are now the largest dam builders in the world. Chinese banks have stepped in to fill the gap left by traditional dam funders such as the World Bank. The Chines...

by International Rivers Network IRN | On 15 Jan 2013

Indian Antidumping Measures against China: Evidence from Monthly Trade Data

This paper provides a detailed analysis of trade flows between the two emerging economies and investigates on which type of products and in which sectors the Indian government applies antidumping m...

by Hylke Vandenbussche | On 23 Nov 2012

Review of Input and Output Policies for Cereals Production in Pakistan

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

by Abdul Salam | On 16 Nov 2012

Foreign Investment in Farmland No Low-hanging Fruit

A key driver of foreign investment in land, food security is a challenge mankind has been confronted with in various times and places. Wherever human societies have developed, growing needs have led t...

by Claire Schaffnit Chatterjee | On 15 Nov 2012

Mid Term Appraisal of Eleventh Five Year Plan - 2007 - 2012

The Mid-Term Appraisal (MTA) reviews the experience in the first three years of the Plan and seeks to identify areas where corrective steps may be needed. The chapter presents a broad overview of the...

by Planning Commission | On 05 Oct 2012

The Rajiv Gandhi National Institute of Youth Development Bill, 2011

To declare the institution known as the Rajiv Gandhi National Institute of Youth Development, to be an institution of National importance and to provide for its incorporation and for matters connected...

by Ministry of Youth and Sports Affairs YAS | On 05 Oct 2012

On China’s Traditional Culture and Peaceful Development Strategy

This article discusses the cultural basis and origins of the idea of this strategy from the point of view of China’s traditional culture and historical development and analyzes the the reality of C...

by Wang Dewen | On 27 Sep 2012

Creating a Vibrant Entrepreneurial Ecosystem in India: Report of the Committee on Angel Investment and Early Stage Venture Capital

Even though the economic and social benefits of thriving entrepreneurship and innovation are evident, it is critical to recognize that these benefits will only accrue if the key gaps in the ecosystem...

by Planning Commission | On 31 Aug 2012

Coordinating Healthcare and Pension Policies: An Exploratory Study

Rapid ageing of the population globally represents an unprecedented historical trend. As pension and healthcare costs are positively correlated with rising incomes, ageing, urbanization, and a shift f...

by Azad Singh Bali | On 20 Aug 2012

Averting an Impending Storm: Can We Reengineer Health Systems to Meet the Needs of Aging Populations?

The proportion of elderly in the world population is increasing. Health systems across the globe are ill prepared to meet the needs of aging populations. The needs of the elderly are different from t...

by Arlene S Bierman | On 08 Aug 2012

Structuring the Dedicated Freight Corridor Project a Lost Opportunity

This paper explores the evolution of two dedicated freight corridors in India (covering a distance of around 3300 kilometers), and critique them from the perspective of delivering the intended rail...

by Sobhesh Kumar Agarwalla | On 31 Jul 2012

New Thinking on Corporate Bond Market in India

What are major factors behind underdevelopment of corporate bond market in India? One of the major bottlenecks to the development of this market lies in relatively larger costs of financing which diss...

by Sanjay Banerji | On 17 Jul 2012

Climate Change Mitigation and Green Growth in Developing Asia

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

by Stephen Howes | On 16 Jul 2012

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

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

by Julyn S Ambito | On 12 Jul 2012

India's SEZ Policy

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

by Ebba Mårtensson | On 11 Jul 2012

Intra- and Inter-national University-Industry Linkage and Innovation in Emerging Economies: Evidence from China

The different role of intra- and inter-national university-industry collaboration in industrial innovation in emerging economies are investigated. Based on a national firm-level survey database from...

by Xiaolan Fu | On 09 Jul 2012

Small Farmers in India: Challenges and Opportunities

This paper examines the roles and challenges of small holding agriculture in India. It covers trends in agricultural growth, cultivation patterns, participation of small holding agriculture, productiv...

by S. Mahendra Dev | On 06 Jul 2012

Vital Stats: Some Data on Power Supply

The deficit in the supply of electricity relative to demand at peak hours in 2011-12 was 11 per cent. While generation capacity has increased, the fuel supply situation has deteriorated. Here, some f...

by Karan Malik | On 04 Jul 2012

The Impact of 1998 and 2008 Financial Crises on Profitability of Islamic Banks

The paper investigates the profitability of 78 Islamic banks in 25 countries for the period of 1992-2009. The Fixed Effect Model (FEM) used to analyse profitability shows that profit efficiency is pos...

by NOR HAYATI BT AHMAD | On 24 May 2012

Where There Is No Health Research: What Can Be Done to Fill the Global Gaps in Health Research?

Efforts to strengthen capacity in health research have, so far, concentrated on countries where there is existing capacity rather than those where it is almost completely lacking. Judged by absolut...

by Martin McKee | On 10 May 2012

Estimation of Capacity Utilisation in Indian Industries: Issues and Challenges

The estimation of capacity utilisation (CU) derives its significance from the fact that, if properly assessed, it may provide a reliable indication of incipient inflationary pressure in an economy. Me...

by Atri Mukherjee | On 09 May 2012

Up in Smoke: The Influence of Household Behavior on the Long-Run Impact of Improved Cooking Stoves

It is conventional wisdom that it is possible to reduce exposure to indoor air pollution, improve health outcomes, and decrease greenhouse gas emissions in the rural areas of developing countries thro...

by Rema Hanna | On 03 May 2012

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

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

by Yuqing Xing | On 27 Apr 2012

Behavior of Remittance Inflows and its Determinants in Bangladesh

The paper examines the determinants of remittance inflow by applying ordinary least square method (OLS). The model include the weighted average GDP of the six (Saudi Arabia (KSA), United Arab Emirat...

by Mst. Nurnaher Begum | On 24 Apr 2012

Exports of Services: Indian Experience in Perspective

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

by Barry Eichengreen | On 23 Apr 2012

Draft National Early Childhood Care and Education (ECCE) Policy

The National Early Childhood Care and Education (ECCE) Policy reaffirms the commitment of the Government of India to provide integrated services for holistic development of all children, along the con...

by Government of India Ministry of Women and Child Development | On 20 Apr 2012

Brides for Sale: Cross-Border Marriages and Female Immigration

Every year, a large number of women immigrate as brides from developing countries to developed countries in East Asia. This phenomenon virtually did not exist in the early 1990s, but foreign brides...

by Daiji Kawaguchi | On 16 Apr 2012

A Corporate Governance Index for Large Listed Companies in India

A Corporate Governance Index for 500 large listed Indian firms for the period from 2003 to 2008 is constructed. The index construction uses information on four important corporate governance mechan...

by Jayati Sarkar | On 04 Apr 2012

Price and Income Elasticity of Imports: The Case of Pakistan

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

by Khurram Ashfaq Baluch | On 30 Mar 2012

Budget Speech 2012-13: Goa

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

by Goa Government | On 28 Mar 2012

Odisha Budget Speech 2012-13

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

by Government of Orissa | On 27 Mar 2012

Tamil Nadu Budget Speech: 2012-13

Speech of Thiru O. Panneerselvam, Hon’ble Minister for Finance, Government of Tamil Nadu, presenting the Budget for the year 2012-2013 to the Legislative Assembly on 26th March, 2012. [Government...

by Tamil Nadu Government | On 27 Mar 2012

Annual Report (2011-12) on The Working of State Power Utilities and Electricity Departments

Major shifts in the policy initiated in the electricity sector are well documented, only then the effect of the policy change can be analyzed, especially from the point of view of laying down future p...

by Planning Commission | On 19 Mar 2012

Close Eye or Closed Eye: The Case of Export Misinvoicing in Bangladesh

The effect of export subsidies on the under-invoicing of exports in Bangladesh is analyzed. In a framework that allows for unobserved heterogeneity among importing countries and product specificities,...

by Pranav Kumar Gupta | On 16 Mar 2012

Budget Speech 2012-2013: India

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

by Pranab Mukherjee | On 16 Mar 2012

Railway Budget 2012

The Minister of Railways, Dinesh Trivedi, presented the Railways Budget 2012 to Parliament on 14th March. In his address, he commented on the performance of Railways in 2011-12 and laid out his bud...

by Rohit Kumar | On 16 Mar 2012

Outline of the 12th Five Year Plan: Plan for Development of Trade in Services

To greatly develop trade in services and realize the transition from a big trade country to a strong trade country, the 12th Five Year Plan is formulated based on Outline of the 12th Five Year Plan f...

by Ministry of Commerce China | On 15 Mar 2012

Railway Budget 2012-2013

Budget 2012-2013

by Dinesh Trivedi | On 14 Mar 2012

The Global Race for Excellence and Skilled Labour: A Status Report

In this context, higher education as well as research and development (R&D) have long since ceased to be purely the domain of the developed Western economies. Numerous regions of the world, some in th...

by Ingo Rollwagen | On 09 Mar 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

Tax Policy in Developing Countries: Looking Back and Forward

The changing nature of tax policy in developing countries over the last 30 years is reviewed and studied the factors determining the level and structure of tax revenues in such countries and how such...

by Roy Bahl | On 07 Mar 2012

Penance time

The time has come for the governmant to make up for its sins of the past three years. The Budget must be judged on whether it shows that the govt is in the mood to recognize its follies, and in a posi...

by T.N. Ninan | On 05 Mar 2012

Capital Accumulation and Convergence in a Small Open Economy

Outward-oriented economies seem to grow faster than inward-looking ones. Does the literature on convergence have anything to say on this? In the dynamic Heckscher-Ohlin-Samuelson model, with factor-pr...

by Partha Sen | On 28 Feb 2012

Terms of Trade and Its Implications: Bangladesh Perspective

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

by Mohammad Masuduzzaman | On 23 Feb 2012

Myanmar Economy: A Comparative View

A stated objective of Myanmar is to become a modern developed nation that will stand shoulder to shoulder – proud, dignified and tall – with the countries of the world. How far has Myanmar come in a...

by U Myint | On 15 Feb 2012

Are Saving and Investment Cointegrated? A Cross Country Analysis

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

by Sanjib Bordoloi | On 14 Feb 2012

Economic Growth, Comparative Advantage, and Gender Differences in Schooling Outcomes: Evidence from the Birthweight Differences of Chinese Twins

Data from two surveys of twins in China are used to contribute to an improved understanding of the role of economic development in affecting gender differences in the trends in, levels of, and retur...

by Mark Rosenzweig | On 13 Feb 2012

The Financial Structure and Performance of Philippine Credit Cooperatives

This study is an attempt to assess the importance and potential impact of any further development of the credit cooperative sector; identify development interventions that will result in a strong Fil...

by Gilberto M Llanto | On 13 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

Comparing the Technical Efficiency of Indian Banks Operating Abroad and Foreign Banks Operating in India: A Stochastic Output Distance Function Approach

The aim of this paper is to compare the technical efficiency of Indian Banks operating abroad and foreign banks operating in India and to investigate the effect of openness of the country, ownership...

by Vivek Kumar | On 08 Feb 2012

Bank Lending and Monetary Shocks: Evidence from a Developing Economy

This paper investigates the role of credit market frictions in the transmission of monetary shocks in Pakistan. First, using macro data, it is shown that banking spreads are countercyclical, even it i...

by M. Ali Choudhary | On 08 Feb 2012

Human Rights in Malaysia: Challenges and Constraints in the Malaysian Context

The paper discusses some of the main human rights areas of concern within Malaysia, over the years. [Working Paper Series No. 12]. URL:[http://www.ieas.unimas.my/images/stories/hirmanritom.pdf].

by Mohammad Hirman Ritom Abdullah | On 07 Feb 2012

Foreign R&D Centres in India: An Analysis of their Size, Structure and Implications

The study measures the contribution of MNCs to the generation of innovations from India. The focus is on innovations that are carried out in foreign R&D Centres. After having mapped out the size of...

by Rakesh Basant | On 06 Feb 2012

Fiscal Policy in India: Trends and Trajectory

This essay examines the trajectory of India?s fiscal policy with a focus on historical trends, fiscal discipline frameworks, fiscal responses to the global financial crisis and subsequent return to a...

by Supriyo De | On 31 Jan 2012

“Reserve Bank of India Post-Policy Conference Call”

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

by Reserve Bank of India RBI | On 30 Jan 2012

Child Gender And Parental Investments In India: Are Boys And Girls Treated Differently?

Although previous research has not always found that boys and girls are treated differently in rural India, son-biased stopping rules imply that estimates of the effect of gender on parental investmen...

by Silvia H. Barcellos | On 30 Jan 2012

A Study on Emigration Attitudes of Young Singaporeans (2010)

The study examines the intention to work abroad based on a representative sample of young Singaporeans residing in the city-state. Two thousand and thirteen Singaporeans between the age of 19 to 30 ye...

by Leong Chan Hoong | On 27 Jan 2012

Macroeconomic and Monetary Developments Third Quarter Review 2011-12

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

by Reserve Bank of India RBI | On 25 Jan 2012

Report of the Task Force on Irrigation

The Task Force has identified that there is a need to re-assess the ultimate irrigation potential in the country. The report identifies that there is a need to increase irrigation efficiency and has s...

by Planning Commission | On 06 Jan 2012

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

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

by Karunagaran A | On 05 Jan 2012

Strengthening Banking Regulation: Amending the BSP Charter

This Policy Brief discusses the proposed amendments to Republic Act No. 7653 (RA 7653). The first part briefly presents the mandate of the Bangko Sentral ng Pilipinas (BSP). It then describes the fi...

by Senate Economic Planning Office SEPO | On 29 Dec 2011

The Evolving Dynamics of Global Economic Power in the Post-crisis World: Revelations from a New Index of Government Economic Power

This paper develops an index for measuring the economic power of governments viewed as entities in themselves. The basic idea is to encapsulate the economic representative power of a nation’s governme...

by Kaushik Basu | On 27 Dec 2011

Redifining Food Security in the Face of Foreign Land Investors: The Philippine Case

This paper proposes to redefine food security in terms of protecting vulnerable populations from the structural violence of involuntary hunger. [NTS-Asia Research Paper No.6]. URL:[http://www.rsis.edu...

by Ben Shepherd | On 23 Dec 2011

Seasonal Migration and Risk Aversion

Pre-harvest lean seasons are widespread in the agrarian areas of Asia and Sub-Saharan Africa. Every year, these seasonal famines force millions of people to succumb to poverty and hunger. An incentive...

by Gharad Bryan | On 20 Dec 2011

The Welfare Impacts of Leasehold Forestry in Nepal

The study analyzes the role of the leasehold forestry (LHF) program in improving household welfare in Nepal. Both the time saved in biomass collection and the addition to income through increases in b...

by Bishnu Prasad Sharma | On 15 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

A Regulatory Approach to Financial Product Advice and Distribution

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

by M Sahoo | On 08 Dec 2011

Report Summary: Standing Committee on Commerce Report on FDI in Retail Sector (June 2009)

The Parliamentary Standing Committee on Commerce examined the subject of Foreign and Domestic Investment in the Retail sector beginning April 5, 2007 under the chairmanship of Dr. Murli Manohar Joshi....

by Anirudh Burman | On 05 Dec 2011

Legislative Brief: The Pension Fund Regulatory and Development Authority Bill, 2011

The Pension Fund Regulatory and Development Authority Bill, 2011 was introduced in the Lok Sabha by Mr. Pranab Mukherjee, Minister for Finance on March 24, 2011. The Bill was referred to the St...

by M. R. Madhavan | On 01 Dec 2011

Impact of the Retail FDI Policy on Indian Consumers and the Way Forward

This paper analyses the impact of the retail FDI policy on Indian consumers and make policy recommendations for the Indian government. Based on a primary survey of Indian consumers, the paper examines...

by Arpita Mukherjee | On 28 Nov 2011

Social Security and Labor Migration in ASEAN

This policy brief takes a preliminary look at portability of social security in ASEAN, particularly old-age, retirement, and survivor benefits. The next section discusses the growth of intra-ASEAN...

by Gloria O. Pasadilla | On 28 Nov 2011

Geographical Agglomeration of Indian and Chinese Multinationals in Europe: A Comparative Analysis (Preliminary version)

The outward FDI from emerging economies to developed countries is of great interest to international business researchers and policy makers, also with regard to their location and sectoral patterns....

by Haiyan Zhang | On 21 Nov 2011

In Search of Growth

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

by Klaus Deutsch | On 21 Nov 2011

Regulate the Share Markets and Save the Country

The 1% rich and powerful have found the Occupy Wall Street movement unsettling and have also made attempts at curbing its influence and outreach. It is now possible for stock-traders in international...

by Bhalchandra Kango | On 08 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

German Companies Engaging in China: Decision-Making Processes at Home and Management Practices in Chinese Subsidiaries

This paper attempts to explain why internationalization processes to China are growing despite the significant difficulties that foreign direct investments into China encounter. The answer to this q...

by Geny Piotti | On 04 Nov 2011

Agriculture, Food, and Water Nanotechnologies for the Poor: Opportunities and Constraints

This brief presents a review of the potential opportunities and challenges of using nanotech applications for agriculture, food, and water in developing countries. [IFPRI Policy Brief 19]. URL:[http...

by Guillaume Gruère | On 01 Nov 2011

A Comparison of the Industrialization Paths for Asian Services Outsourcing Industries, and Implications for Poverty Alleviation

This paper examines three software and/or information technology enabled services (ITES) industries—two in the early stages of development (in the People’s Republic of China [PRC] and the Philippines)...

by F Ted Tschang | On 25 Oct 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

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

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

by Karunagaran A | On 17 Oct 2011

Knowledge Flows and Capability Building in the Indian IT Sector: A Comparative Analysis of Cluster and Non-Cluster Locations

In this study, a comparative analysis of the role of knowledge flows in capability formation among firms in the Indian Information Technology sector (IT sector) across cluster and non-cluster location...

by Rakesh Basant | On 13 Oct 2011

Competition for Foreign Capital: Endogenous Objective, Public Investment and Tax

In this paper the objective functions of the regions as well as their decision to provide public investment are endogenized in a model of competition for foreign owned mobile capital. It is demonstra...

by Rupayan Pal | On 04 Oct 2011

Valuing the Recreational Uses of Pakistan’s Wetlands: An Application of the Travel Cost Method

This study applies a single-site truncated count data travel cost model in order to estimate the value visitors place on recreation in Keenjhar. The recreational use value associated with Keenjhar...

by Ali Dehlavi | On 27 Sep 2011

Mitigating Climate Change Through Agriculture

Among the major challenges currently faced by humanity are food security and climate change. Agriculture plays a significant role in both. Adapting to climate change is expected to be an increasing ...

by Claire Schaffnit Chatterjee | On 26 Sep 2011

Innovation and Entrepreneurship in Developing Countries

How does innovation impact on development? How, and under what conditions, do entrepreneurs in developing countries innovate? And what can be done to support innovation by entrepreneurs in develo...

by Wim Naude | On 16 Sep 2011

Agrofuels – A Boost of Energy for the Mekong Region?

This background paper seeks to brief readers on the extent of the development, production and consumption of agrofuels, particularly liquid fuels for transport, in the Mekong region. The area of focu...

by Rebeca Leonard | On 12 Sep 2011

Fertility Regulation in an Economic Crisis

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

by Christopher McKelvey | On 09 Sep 2011

Returns to Education in India: Some Recent Evidence

This paper estimates returns to education in India using a nationally representative survey. The standard Mincerian wage equation separately for rural and urban sectors is estimated. To account for th...

by Tushar Agrawal | On 06 Sep 2011

Strategic Outsourcing with Technology Transfer

The outsourcing decision of a firm for a key input of a final good production to an independent input supplier even though the firm has an option of producing that key input in-house at a lower cost w...

by Tarun Kabiraj | On 02 Sep 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

The Gender Implications of Large-Scale Land Deals

Whether viewed as “land grabs” or as agricultural investment for development, large-scale land deals by investors in developing countries are generating considerable attention. However, investors,...

by Julia Behrman | On 29 Aug 2011

Trans-border Identities: (A Study on the Impact of Bangladeshi and Nepali Migration to India)

This paper deals with migration into India from adjoining neighbours and its impact on security and other issues of national interest. Unlike other studies on migration, it focuses on the ethnic ident...

by Subhakanta Behera | On 26 Aug 2011

Reforms in Indian Agro-processing and Agriculture Sectors in the Context of Unilateral and Multilateral Trade Agreements

In this paper, the potential impacts of trade and investment-related policy reforms on India’s agro-processing sector is explored. The direct effects of policy reforms within the processing sector, an...

by A. Ganesh-Kumar | On 22 Aug 2011

Public Investment in Agricultural and GDP Growth: Another Look at the Inter Sectoral Linkages and Policy Implications

The crowding-in phenomenon together with inter-sectoral linkages is used in this paper to examine the effect of higher public investment for agriculture on the stable growth of this sector as well as...

by Harish Mani | On 17 Aug 2011

Foreign Direct Investment and Technology Spillover: An Evaluation Across Different Clusters in India

The paper attempts to explore the technology spillover effects of Foreign Direct Investment (FDI) in Indian manufacturing industries across different selected clusters in India. To measure the spillov...

by Pami Dua | On 12 Aug 2011

Indian Education System – Issues and Challenges

The role played by Reserve Bank of India (RBI) and the banking system in India in strengthening education system. Realizing the importance of education for the economic development and the overall liv...

by Chakrabarty K C | On 10 Aug 2011

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

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

by Rakesh Kumar | On 04 Aug 2011

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

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

by Anneleen Vandeplas | On 03 Aug 2011

Efficiency and Productivity Growth in Indian Banking

This paper attempts to examine technical efficiency and productivity performance of Indian scheduled commercial banks, for the period 1979-2008. A model is constructed using multiple output/multiple i...

by S S Rajan | On 03 Aug 2011

Shocks, Economic Growth and the Indian Economy

This paper analyses the impact of domestic and external shocks on the Indian economy. A macro-modelling framework is developed that evaluates the impact of two domestic shocks (rainfall shortfall an...

by B B Bhattacharya | On 15 Jul 2011

Inter-State Imbalances in Essential Services: Some Perspectives

This paper analyzes the inter-state imbalances in three major sectors of the economy, namely, education, health and family welfare, and water supply and sanitation for fifteen major states. It uses...

by C Bhujanga Rao | On 14 Jul 2011

Mutual Funds and Market Development in India

A brief description of the role of Mutual Funds in money markets and government securities makets are provided. Some of the regulatory issues that arise are discussed. The role of Mutual Funds in fina...

by Subir Gokarn | On 08 Jul 2011

Understanding Foreign Direct Investment in East Asia

The authors recount East Asia's experience with foreign direct investment (FDI). They document that, contrary to the Rybczynski theorem, capital flows in the region cause the host country's labor-inte...

by Willem Thorbecke | On 04 Jul 2011

Report of Fact-finding Team on Threat of Displacement of Naga River Village [Kabo Leikai], Imphal

National Integration Council member and Secretary General of All India Christian Council, Dr. John Dayal appeals Indian National Congress President Mrs Sonia Gandhi to intervene Manipur government’s t...

by All India Christian Council | On 04 Jul 2011

Incidence and Performance Effects of Interlocking Directorates in Emerging Market Business Groups: Evidence From India

The phenomenon of interlocking directorates is widespread among corporate across the world. This paper studies the structure and extent of interlocking directorates within Indian business groups and ...

by Bikram De | On 24 Jun 2011

Tailored Aid for a Tailored Age?

In this short essay, senior fellow David Wheeler compares the world’s foreign assistance architecture to how the rest of the world operates in the digital age. He suggests that multilateral and bilat...

by David Wheeler | On 24 Jun 2011

The Global Economic Crisis after One Year: Is a New Paradigm for Recovery in Developing Countries Emerging?

One year into the global economic crisis, it has become clear that the paradigm for international development has changed irrevocably. With leadership, moral authority and the capacity of the West in...

by Wim Naudé | On 22 Jun 2011

Challenges and Opportunities in a Trillion Dollar Economy

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

by Chakrabarty K C | On 21 Jun 2011

Aggregate Net Financial Flows to India: The Relative Importance of Private Loan vis-a-vis Foreign Direct Investments

In recent years perhaps in a un-precendented fashion development relating to India's external sector have captured the undivided attention of domestic as well as foreign observers. In India considerab...

by Sunil Mani | On 03 Jun 2011

Globalization Crises, Trade, and Development in Vietnam

Vietnam has been among the most successful East Asian economies, especially in weathering the external shocks of recent globalization crises—the 1997-98 Asian financial crisis and the 2008-09 great...

by Philip Abbott | On 02 Jun 2011

Aid Supplies Over Time: Accounting for Heterogeneity, Trends, and Dynamics

The recent financial crisis has rekindled interest in the foreign aid supply behaviour of bilateral donors. Using the latest data covering the period 1960-2009, this paper examines how such behaviou...

by Sam Jones | On 01 Jun 2011

Demand or Supply for Schooling in Rural India?

Is the poor human capital investment by rural Indian families primarily a supply side or a demand side issue? School attendance and total human capital investment time (time in school plus travel ti...

by Sripad Motiram | On 01 Jun 2011

Putting CROs on the radar

This is an exploratory study on the outsourcing of clinical trials by pharmaceutical companies to contract research organisations in non-traditional trial regions. URL: [http://www.cser.in/uploads/Pub...

by Centre for Studies in Ethics and Rights | On 18 May 2011

What Constrains Business? The Role of the ‘Single Window’ in Gujarat, India

The investment climate of a region reflects the location specific factors that provide opportunities and incentives for firms to invest, create jobs, and expand. A good investment cl...

by Errol D'souza | On 11 May 2011

Growing Business or Development Priority? Multilateral Development Banks’ Direct Support to Private Firms

Direct support to private firms in developing countries constitutes a large and growing share of multilateral development banks’ financial activities. This trend contrasts with the advice MDBs gave de...

by Guillermo Perry | On 05 May 2011

Is Economic Growth Associated with Reduction in Child Undernutrition in India?

Economic growth is widely perceived as a major policy instrument in reducing childhood undernutrition in India. The association between changes in state per capita income and the risk of undernutriti...

by Malavika A Subramanyam | On 13 Apr 2011

Presentation - Managing Foreign Exchange Reserves During and After the Crisis

This presentation was given at the Managing Foreign Exchange Reserves in the Crisis and After Seminar by Robert N. McCauley, which was held in Tokyo, Japan on 15 March 2011. URL: [http://www.adbi.org/...

by Robert N. McCauley | On 06 Apr 2011

Parliament Session Wrap: Budget Session – February 21 to March 25, 2011

Nine legislative Bills were introduced during the session. Five Bills were passed and one Bill was withdrawn during the session. Several hours were lost due to interruptions on the issues of appointme...

by Kusum Malik | On 28 Mar 2011

Locational Determinants of Acquisitions from China and India:The Role of Human Capital

MNEs are increasingly seeking to augment, as well as exploit, their global competitive advantage. Foreign direct investments are being directed to augmenting the competitive ownership specific...

by De Beule Filip | On 23 Mar 2011

Foreign Direct Investment in East Asia and Latin America: Is there a People’s Republic of China Effect?

In recent years, the People’s Republic of China (PRC) has emerged as the world’s largest recipient of foreign direct investment (FDI). Many analysts and government officials in the developing world...

by Busakorn Chantasasawat | On 22 Mar 2011

Link between Exporting and Productivity: Firm Level analysis for Indian Chemical Industry

The objective of the paper is to test the empirical regularity that exporters are more productive than non-exporters in India. TFP is calculated from the Cobb-Douglas Production function using a fixe...

by Vinish Kathuria | On 21 Mar 2011

Are Emerging Stock Markets Sideshows? Some Stylised Facts from an Emerging Economy, India

The article addresses one of the most important policy questions: what role do emerging stock markets play in influencing real decisions such as corporate private investment? In this article we pres...

by Saumitra N Bhaduri | On 18 Mar 2011

Sri Lanka Budget 2011-12

Budget speech by Finance Minister.

by Ministry of Finance and Planning Sri Lanka | On 17 Mar 2011

Cambodia enters the WTO: Lessons learned for Least Developed Countries

The Government of the Kingdom of Cambodia applied for accession to the World Trade Organization in October 1994. At its meeting on 21 December 1994, the Preparatory Committee for the WTO establishe...

by Sok Siphana | On 16 Mar 2011

Track Record of Microfinance for the Poor

Major investments have been made in developing microfinance in Asia with reducing poverty as one of the frequently stated objectives. A variety of institutional forms of microfinance are being introdu...

by Richard Meyer | On 14 Mar 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

Investment and Capital Market Imperfections: Some Evidence from a Developing Economy, India

The paper presents a switching regression model of investment decision, where the probability of a firm facing financial constraint is endogenously determined. The approach, therefore, obviates the...

by Saumitra N Bhaduri | On 11 Mar 2011

The Miracle of Microfinance? Evidence from a Randomized Evaluation

Microcredit has spread extremely rapidly since its beginnings in the late 1970s, but whether and how much it helps the poor is the subject of intense debate.This paper reports on the first randomize...

by Abhijit Banerjee | On 10 Mar 2011

Future Role of Foreign Banks in Asia

Although the Asian Crisis has brought consensus on the necessity of strong domestic financial systems, there is less agreement as to the role of foreign banks in achieving the goals of economic grow...

by Heather Montgomery | On 10 Mar 2011

Round-Tripping Foreign Direct Investment in the People’s Republic of China

There is no doubt that part of foreign direct investment (FDI) inflows to the People’s Republic of China (PRC) FDI belongs to the return of Chinese capital that has gone abroad. The World Bank and o...

by Xiao Geng | On 08 Mar 2011

Failed States, Vicious Cycles, and a Proposal

The problems of failed states, including the repeated return to power of former warlords are examined. It is argued that this causes institutions to become weaker and people to get poorer. It is argue...

by Raghuram G. Rajan | On 04 Mar 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

Budget Expectations

Budget expectations from various sectors are given. URL:[ http://www.myiris.com/newsCentre/storyShow.php?fileR=20110217120638043&secID=fromnewsroom&secTitle=From the News Room&dir=2011/02/17].

by IRIS India IRIS | On 21 Feb 2011

Mixed Duopoly and Environment

They show under general demand and cost conditions that in a mixed duopoly with pollution the government can (and will) implement the socially optimal outputs and abatements by a tax-subsidy scheme...

by Rupayan Pal | On 16 Feb 2011

Sustainability of External Development Financing to Developing Countries

External development finance consists of those foreign sources of funds that promote or at least have the potential to promote development in the destination countries if delivered in the appropriate...

by Matthew Odedokun | On 14 Feb 2011

How Effciently is Capital Allocated? Evidence from the Knitted Garment Industry in Tirupur

This paper studies the effect of community identity on investment behavior in the knitted garment industry in the South Indian town of Tirupur. [BREAD Working Paper No. 004] URL: [http://ipl.econ.duk...

by Abhijit Banerjee | On 03 Feb 2011

Singapore's Exchange Rate-Based Monetary Policy: A Critical Evaluation

The exchange rate-based monetary policy followed by the Monetary Authority of Singapore (MAS) is outlined. Possible theoretical frameworks, including a reaction function is outlined. The way the MAS h...

by Partha Sen | On 31 Jan 2011

On the Economics of Regional Powers: Comparing China, India, Brazil, and South Africa

As the conception of and debates on regional powers have been led by political science, this paper aims to contribute to the discussion from an economics perspective. Based on the discussion of differ...

by Robert KAppel | On 28 Jan 2011

Presence of Foreign Banks in India

This discussion paper on the form of presence of foreign banks in India has been prepared taking into account, inter-alia, the lessons learnt from the recent global financial crisis and the practice...

by Reserve Bank of India | On 26 Jan 2011

On the Causal Links between FDI and Growth in Developing Countries

In this paper they analyse the Granger causal relationships between foreign direct investment (FDI) and GDP in a sample of 31 developing countries covering 31 years. Using estimators for heteroge...

by Henrik Hansen | On 18 Jan 2011

Globalization and the Human Development Trap

The feeble results of liberalization policies in Latin America are explained in terms of a multiple steady state model including a dynamic human development trap, endogenous technological change, ...

by David Mayer- Foulkes | On 13 Jan 2011

Firm Location Choice in Cities: Evidence from China, India, and Brazil

In this paper they use large survey data sets of firms provided by the World Bank for China, India, and Brazil—Investment Climate Surveys—to address the important question: what determines the loc...

by Kala Seetharam Sridhar | On 12 Jan 2011

Monetary Policy, Capital Flows, and the Exchange Rate

The use of monetary policy in India has been constrained by a loose fiscal policy and capital flows. Capital inflows have the potential to cause a Dutch Disease-type situation. The RBI has carried out...

by Partha Sen | On 06 Jan 2011

Transforming Conflict with an Economic Dividend: The Sri Lankan Experience

Peace can generate an economic dividend, which can be further increased by appropriate economic reform. This dividend can in turn be used to raise popular support for conflict resolution measures...

by Saman Kelegama | On 31 Dec 2010

Toward the Enhanced Effectiveness of Foreign Aid

At the very time that professional skepticism concerning the effectiveness of foreign aid has reached new heights, donors seem to be ready to substantially increase the volume of aid they are will...

by Gustav Ranis | On 30 Dec 2010

Profitability of BRAC-financed Projects: A Study of Seven Microenterprises in Matlab

The basic objective of this study was to look at the profit rates made by VO members once they have made investments in projects financed through BRAC loans. BRAC’s twin objectives of employment and ...

by Hassan Zaman | On 28 Dec 2010

Assailing Poverty and Patriarchy: How does Small Money Fare?

This report is based on the findings of the case tracking study of 35 BRAC borrowers from Matlab RDP over a period of one year. Tracking began in July, 1996, and in all cases more than three months...

by Monirul Islam Khan | On 23 Dec 2010

Education Under Gram Daridro Bimochan Committee: Present Status and Future Directions

Challenging the Frontiers of Poverty Reduction (CFPR) is a BRAC programme targeting the ultra poor households in various locations in the country. This programme targets the women of the bottom decile...

by Rafiath Rashid | On 22 Dec 2010

How much can Asset Transfers help the Poorest? The Five Cs of Community-level Development and BRAC’s Ultra-Poor Programme

They develop a framework for assessing community-level development programmes, building upon five related elements that are centrally important: confidence, cohesion, capacity, connections and cash (t...

by Anirudh Krishna | On 22 Dec 2010

Sifting, Selecting, Relocating: Citizenship at the Commencement of Republic

The date of the enforcement of the Constitution, 26th January 1950, marked a crucial change in the legal status of the people of India. They were no longer British subjects, but citizens of the Repu...

by Anupama Roy | On 22 Dec 2010

It Works; It Doesn’t; It Can, But That Depends…: 50 Years of Controversy over the Macroeconomic Impact of Development Aid

This paper surveys 50 years of empirical research on the macroeconomic impact of aid, looking mainly at studies examining the link between aid and growth. It argues that studies dating until the l...

by Mark McGillivray | On 16 Dec 2010

Mid Term Appraisal for Eleventh Plan 2007-2012

The Mid Term Appraisal (MTA) reviews the experience in the first three years of the Eleventh Plan and seeks to identify areas where corrective steps may be needed. The Planning Commission has deci...

by Planning Commission, India | On 14 Dec 2010

Cash on Delivery: A New Approach to Foreign Aid

Foreign aid often works, but it is often criticized for being ineffective or even for undermining progress in developing countries. This brief describes a new approach, Cash on Delivery Aid, which...

by Nancy Birdsall | On 13 Dec 2010

People’s Republic of China and its Neighbors: Partners or Competitors for Trade and Investment?

The very rapid economic growth of the People’s Republic of China (henceforth PRC), its dramatic success in world export markets and its heavy receipts of foreign direct investment (FDI) have generat...

by John Weiss | On 10 Dec 2010

More than Money: Impact Investing for Development

Much of development policy is geared toward increasing investment and creating the conditions that allow private capital flows to take the place of development assistance. The renowned development s...

by John Simon | On 10 Dec 2010

Commitment to Development Index 2010

The Commitment to Development Index (CDI) ranks 22 of the world’s richest countries on their dedication to policies that benefit the five billion people living in poorer nations. Moving beyond standar...

by David Roodman | On 29 Nov 2010

Thailand’s Commercial Banks’ Role in Financing Dams in Laos and the Case for Sustainable Banking

This paper puts forward the case for Thailand’s commercial banks to move towards more sustainable banking practices that proactively contribute towards socially and environmentally sustainable and j...

by Carl Middleton | On 25 Nov 2010

Mega projects in India Environmental and Land Acquisition Issues in the Road Sector

Mega projects (primarily infrastructure) receive a sizable investment (~10%) of the gross fixed capital formation in India. Environmental clearances and land acquisitions have been the two major rea...

by G. Raghuram | On 25 Nov 2010

FDI Outflows from India: An Examination of the Underlying Economics, Policies and their Impacts

This paper discusses the trends in India's outward FDI over the last decade and then attempts to identify the driving factors for the same. The aim is to provide policy makers with insights regardin...

by Ravi Subramanian | On 24 Nov 2010

The Composition of Aid and the Fiscal Sector in an Aid-Recipient Economy: A Model

Building on recent work in the fiscal response literature, the present paper develops a new fiscal response model, which, for the first time in the relevant literature, combines the ideas of both en...

by George Mavrotas | On 24 Nov 2010

Convergence Club Empirics: Some Dynamics and Explanations of Unequal Growth across Indian States

This paper documents the convergence of incomes across Indian states over the period 1965 to 1998. It departs from traditional analyses of convergence by tracking the evolution of the entire income...

by Sanghamitra Bandyopadhyay | On 22 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

Foreign Shareholding: A Decomposition Analysis

A decomposition in the ownership of shares by foreigners is offered into three parts: the change in insider shareholding, the change in market capitalisation and the change in the fraction of outsi...

by Ajay Shah | On 16 Nov 2010

Determinants of Fixed Investment:A Study of Indian Private Corporate Manufacturing Sector

This paper analyses the determinants of fixed investment in the Indian Private Corporate Manufacturing sector for the period 1973-2002, using Annual Survey of Industries Data. It is argued that econ...

by V.R. Prabhakaran Nair | On 16 Nov 2010

Incarnating into Cross-Cultural Values: An Effective way to Deliver Experiences

The present paper examines the cultural orientation of foreign students who secured admission in Osmania University (Andhra Pradesh, India) in terms of time orientation and event orientation, dichot...

by S. V. Satyanarayana | On 03 Nov 2010

Going private

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

by T.N. Ninan | On 01 Nov 2010

The Challenges Posed by Globalization for Economic Liberalization inTwo Asian Transitional Countries: Laos and Vietnam

This paper examines the impact of globalization on two transitional economies in Asia. Both countries have undergone a radical economic reform process over the past decade, assisted by increases in...

by Nick. J Freeman | On 01 Nov 2010

Macroeconomic Impacts of Foreign Exchange Reserve Accumulation: Theory and International Evidence

Recently, a dramatic accumulation in foreign exchange reserves has been widely observed in developing countries. This paper explores the possible long-run impacts of this trend on macroeconomic variab...

by Shin-ichi Fukuda | On 01 Nov 2010

Socioeconomic Impacts of Cross-Border Transport Infrastructure Development in South Asia

Although the overall economic performance of economies in South Asia in recent years has been impressive, there is concern that an aging and increasingly inadequate infrastructure may limit the potent...

by John Gilbert | On 01 Nov 2010

Regional Cooperation, Infrastructure, and Trade Costs in Asia

International trade has played an essential role in Asia’s remarkable growth, development, and integration in recent decades. Infrastructure, both hard and soft, has played an integral part in facil...

by Douglas H. Brooks | On 28 Oct 2010

Asia’s Infrastructure Challenges: Issues of Institutional Capacity

The Asian region has experienced substantial growth over the past several decades. Indeed, a quarter of all world exports now come from East Asia. Strong infrastructure underpinnings have often been...

by Susan Stone | On 28 Oct 2010

Global Determinants of Stress and Risk in Public-Private Partnerships (PPP) in Infrastructure

This study analyzes the determinants of stress in public-private partnerships (PPPs) in infrastructure investment. While project failures seldom occur, there are many stresses that hinder success. O...

by Renato E. Reside, Jr. | On 27 Oct 2010

Strategic Choice of Freight Mode and Investments in Transport Infrastructure within Production Networks

In the context of production linkages in which downstream producers require freight services provided by transport operators, the author show that the strategic choice of using an alternative transp...

by Ying Yi Tsai | On 27 Oct 2010

External Economic Situation In India - Recent Trends and Policy Implications

This paper reviews the status of the external sector of the Indian economy. It is divided into 5 broad sections. Section I gives the trends of imports and exports, as well as the composition and dire...

by Archana S Mathur | On 26 Oct 2010

China, India, Brazil and South Africa in the World Economy: Engines of Growth?

This paper attempts to analyse the economic implications of the rise of China, India, Brazil and South Africa, for developing countries situated in the wider context of the world economy. It exami...

by Deepak Nayyar | On 15 Oct 2010

Economic Reforms and Industrial Performance: An Analysis of Capacity Utilisation in Indian Manufacturing

This paper examines the performance of Indian manufacturing sector in terms of economic capacity utilization (CU), over 1974-1998. An attempt is also made to understand the impact of policy changes,...

by E. Abdul Azeez | On 14 Oct 2010

Outsourcing Versus Foreign Direct Investment: A Welfare Analysis

Foreign direct investment may not necessarily be the most welfare enhancing form of international investment. The host country may avail options like – Joint venture, technology licensing, franchi...

by Arti Grover | On 11 Oct 2010

Big Push versus Absorptive Capacity: How to Reconcile the Two Approaches

In this paper they examine whether absorptive capacity can constitute sufficient justification for rejecting the proposal of a large aid increase to support the ‘big push’. They argue that the pro...

by Patrick Guillaumont | On 08 Oct 2010

Aid to Fragile States: Do Donors Help or Hinder?

The record of aid to fragile and poorly-performing states is the real test of aid effectiveness. Rich countries can justify aid to fragile states both through altruism and self-interest. But, wit...

by Stephen Browne | On 06 Oct 2010

Assessing Socioeconomic Impacts of Transport Infrastructure Projects in the Greater Mekong Subregion

This study attempts to quantify the links between infrastructure investment and poverty reduction using a multi-region general equilibrium model, supplemented with household survey data for the Greate...

by Susan Stone | On 05 Oct 2010

Asian Tigers’ Choices: An Overview

This paper considers the choices facing the Asian tiger economies regarding growth strategies that foster trans-Pacific rebalancing. A review of historical data spanning 2000 to 2008 reveals only...

by Hwee Kwan Chow | On 30 Sep 2010

Promoting Learning and Industrial Upgrading in ASEAN Countries

This paper traces the effects of the “East Asian Miracle,” the 1997–1998 Asian Crisis, the recovery, and the 2008–2009 global financial crisis on ASEAN countries. It also considers how ASEAN countries...

by Willem Thorbecke | On 28 Sep 2010

Estimating Demand for Infrastructure in Energy, Transport, Telecommunications, Water and Sanitation in Asia and the Pacific: 2010-2020

This paper estimates the need for infrastructure investment, including energy, transport, telecommunications, water, and sanitation during 2010-2020, in order to meet growing demands for services and...

by Biswa Nath Bhattacharyay | On 27 Sep 2010

Econometric Approach to Water Use Estimation in Power Plants

The purpose of this paper is to examine water use estimation in hydel and thermal electric power plants in selected regions i.e. Coastal, Rayalaseema and Telangana regions of Andhra Pradesh. The stud...

by Perini Praveena Sri | On 20 Sep 2010

Higher Education in India: Seizing the Opportunity

This paper reviews the prevailing policy environment to evaluate its efficacy in ensuring that India is successfully able to address these challenges in the education sector. Given the well establishe...

by Sanat Kaul | On 17 Sep 2010

The Role of Technological Complexity and Absorptive Capacity in Internalization Decision

Technology transfer costs have a profound influence on the firm’s entry mode into a production sharing relationship. To explore this nexus, they associate technological complexity of the off-shored in...

by Arti Grover | On 14 Sep 2010

Looking Beyond Universal Primary Education: Gender Differences in Time Use among Children in Rural Bangladesh

This paper addresses gender equity in parents‘ educational investments in children in a context of rising school attendance in rural Bangladesh. Our premise is that in addition to factors such as sc...

by Sajeda Amin | On 13 Sep 2010

History Institutions and Economic Performance: The Legacy of Colonial Land Tenure Systems in India

This paper analyze the colonial institutions set up by the British to collect land revenue in India, and show that differences in historical property rights institutions lead to sustained differences...

by Abhijit Banerjee | On 03 Sep 2010

Inspector Raj for Garment Export Business

The export of textiles from India accounts for about one-third of India’s total exports. What is more significant is that textiles as a group, is also the largest net foreign exchange earner in as...

by Avih Rastogi | On 01 Sep 2010

Fertilizer Subsidy in India: Who are the Beneficiaries?

Agricultural subsidies that encourage production and productivity have been widely criticized because of the cost of subsidies and they are perceived to be far from uniformly distributed. There is a...

by Vijay Paul Sharma | On 27 Aug 2010

Sports Retailing in India: Opportunities, Constraints and Way Forward

Sports retail is a small but fast growing segment of modern retail in India. Recently, the country has been hosting many international sports and this has given a boost to this sector. Many foreign...

by Arpita Mukherjee | On 13 Aug 2010

What Singapore Can Learn from Indonesia

This report series is all about the growing recognition that Singapore can also learn from the experiences of Indonesia. [Report No.1]

by H.P. Desker | On 06 Aug 2010

Private Sector in the Revised National Tuberculosis Control Programme: A Study of the Implementation of Private-Public Partnership Strategy in Tamil Nadu and Kerala (India)

During the past one decade, the concept of Public-Private Partnership (PPP) has gained much prominence in healthcare sector in India. The foremost objective of such partnerships has been to improve th...

by Vangal R Muraleedharan | On 23 Jul 2010

Not a matter of choice

This editorial questions whether the two values freedom and liberty can come together?

by T.N. Ninan | On 19 Jul 2010

Strategic Orientation of Outsourcing Firms: Demystifying Key Differentiators

Despite the importance of outsourcing firms and the highly competitive nature of the outsourcing industry, there has been minimal examination of outsourcing firm strategy. This paper investigates...

by Kirti Sharda | On 16 Jul 2010

International Outsourcing Hurdles in Value-added Services

International Outsourcing has been traditionally looked upon as a low end cost effective servicing option to take advantage of the cost arbitrage that exists across countries. Of late, many outsourcin...

by Arindam Banerjee | On 15 Jul 2010

State Capacity, Conflict and Development

This paper is a report on an on-going project, which asks a number of questions relevant to the study of state capacity. What are the main economic and political determinants of the state’s capacity...

by Timothy Besley | On 15 Jul 2010

Insurance and Investment within Family Networks

In this paper family networks affecting informal insurance and investment is being studied. Panel data from the randomized evaluation of PROGRESA in rural Mexico and the information on surnames of hou...

by Manuela Angelucci | On 09 Jul 2010

Licenses to Open a School: It’s All About Money

In Delhi, 14 lakh children are out of school. So why is there a shortfall in the supply of schools? Does the government help to better the situation? Why or Why not? In the light of these mind-boggl...

by Mayank Wadhwa | On 07 Jul 2010

Estimating human resource requirements for scaling up priority health interventions in Lowincome countries of Sub-Saharan Africa: A methodology based on service quantity, tasks and productivity (THE QTP METHODOLOGY)

This study was carried out under the auspices of the LSHTM Health Economics and Financing Program, which, at the time of the work, received a research programme grant from DFID. The findings, conclu...

by Christoph Kurowski | On 25 Jun 2010

India-Japan Investment Relations:Trends & Prospects

Though Japan had been one of the top five investors in India for long, its share in India’s total FDI inflows has been dwindling since 2000. Other countries have surpassed Japan in terms of the...

by Geethanjali Nataraj | On 25 Jun 2010

Customized Development Interventions for the Ultra Poor: Preliminary Change Assessments of Health and Health-seeking Behaviour (CFPR/TUP 2002 to 2004)

A mid-term survey of the CFPR/TUP programme participants (at the end of 1st cycle of 18 months intervention) on health and related issues was done during July-September 2004. The survey involved re-in...

by Syed Masud Ahmed | On 16 Jun 2010

Understanding Vietnam: A Look Beyond Facts and Figures

Vietnam's (re) discovery in recent years by the international investor community gives the country a second chance to become and Asia tiger. The article looks into the economic, social, political, per...

by Tamara Trinh | On 16 Jun 2010

Trade in Financial Services: India's Opportunities and Constraints

This paper analyzes the prospects for liberalizing financial services under the GATS, in view of India’s interests and concerns in this sector. The paper consists of seven sections. Section 2 discuss...

by Rupa Chanda | On 03 Jun 2010

Aid and Growth Have We Come Full Circle?

This paper first assesses the aid-growth literature with a focus on recent contributions. The aid-growth literature is then framed, for the first time, in terms of the Rubin Causal Model, applied...

by Channing Arndt | On 02 Jun 2010

Endogenous Skill Acquisition and Export Manufacturing in Mexico

This paper confirms that for Mexico over the period 1986-2000, the export sector pays higher wages than other sectors, but school drop out increases with the arrival of new export jobs. The workers...

by David Atkin | On 28 May 2010

Education Impact Study: The Global Recession and the Capacity of Colleges and Universities to Serve Vulnerable Populations in Asia

This paper reviews the capacity of colleges and universities to serve poor and vulnerable populations during past and present economic shocks. The main argument is that the environment of the global r...

by Gerard Postiglione | On 27 May 2010

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

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

by Homi Kharas | On 20 May 2010

The Shape of Temptation: Implications for the Economic Lives of the Poor

This paper argues that the relation between temptations and the level of consumption plays a key role in explaining the observed behaviors of the poor. Temptation goods are defined to be the set of...

by Abhijit Banerjee | On 13 May 2010

Kerala Budget 2010-11

Budget speech by finance minister Dr. Thomas Issac

by Government of Kerala Govt | On 05 Mar 2010

Now for the Hard Part

Cutting the deficit this year was the easy part; the real fiscal challenge lies ahead

by T.N. Ninan | On 03 Mar 2010

Railway Budget 2010-11

Railway Budget 2010-11.

by Mamata Banerjee | On 25 Feb 2010

Tax Devolution and Grant Distribution to States in India Analysis and Roadmap for Alternatives

The paper attempts to analyse the impact of devolution of taxes and distribution grants by the Centre to the States in India by taking fourteen major States for the time period 1980-81 to 2006-07. T...

by R Mohan | On 15 Feb 2010

Transport Infrastructure and Poverty Infrastructure

The main issues surrounding this concern and provides a range of policy, regulatory, and institutional measures that could help strengthen the impact of transport infrastructure on poverty reduction...

by Sununtar Setboonsarng | On 10 Feb 2010

Exchange Market Pressure and Monetary Policy

The objective of this study is to examine empirically the impact of monetary policy on exchange market pressure (EMP) in Bangladesh. EMP is measured as the sum of percentage change of international re...

by Sayera Younus | On 29 Jan 2010

Towards A Competitive Economy: VAT and Customs Duty Reform

In this paper the issue of indirect tax reform, with a special focus on customs duty reform is examined. [WP]

by Arvind Virmani | On 28 Jan 2010

Assessing the Fiscal Capacity of Indian Governments

The record of different post reform governments in meeting their targets and improving both delivery and finances is assessed. A variety of indices are constructed, and consistency checks devised to m...

by Ashima Goyal | On 27 Jan 2010

Japan’s Foreign Direct Investment Experiences in India: Lessons Learnt from Firm Level Surveys

The paper first gives a brief history and comparison of Japanese foreign direct investment into India and other Asian countries, highlighting the fact that Japanese investment into India is quite lo...

by Srabani Roy Choudhury | On 19 Jan 2010

Consultation Paper on Foreign Investment in Broadcasting Sector

Department of Industrial Policy and promotion has recently issued revised guidelines for calculation of total foreign investment i.e. direct and indirect foreign investment in Indian companies for bri...

by Telecom Regulatory Authority of India TRAI | On 18 Jan 2010

India-Korea Trade and Investment Relations

The present paper analyses trade and investment relations and explores future areas of potential co-operation between India and Korea. The study also suggests the areas where there is huge scope for i...

by Pravakar Sahoo | On 14 Jan 2010

Obstacles to Private Power Investments in India

This paper aims to highlight the critical importance of cost recovery in attracting and sustaining private investment for power development. Based on a brief review of Indian experience, it suggests...

by Vishvanath V. Desai | On 24 Dec 2009

The Effect of Direct Foreign Investment on Domestic Firms: Evidence from Firm Level Panel Data in Emerging Economies

This paper uses firm level panel data to investigate empirically the effects of direct foreign investment (DFI) on the productivity performance of domestic firms in three emerging economies of Centr...

by Jozef Konings | On 11 Dec 2009

Statistical Trends in Pharmaceutical Research for Poor Countries

Introducing patent rights in developing country markets might stimulate greater R and D investment targeting their specific health needs – areas long neglected. This paper examines this argument using...

by Jean O Lanjouw | On 26 Nov 2009

Should Banking Be Made Boring? - An Indian Perspective

Ills of the banking system that caused the crisis. An extensive analysis of the causes is given. A brief synopsis to provide a backdrop for the ‘boring banking’ discussion is given. [Speech at the Int...

by Duvvuri Subbarao | On 25 Nov 2009

Innovation through Long-distance Conversations? Lessons from Offshoring-based Software Clusters in Bangalore

This paper is aganist the popular assertion regarding the links between innovation and clustering and it is found that the main sources of knowledge transfer and innovation among key firms in Bangalor...

by Aya Okada | On 23 Nov 2009

Institutional and Economic Perspectives on Government Capacity to Assume New Roles in the Health Sector: a Review of Experience

This review paper provides the background to research that will take place in four country case-studies to examine these issues. A key focus of this paper concerns government's capacity to fulfil the...

by Sara Bennett | On 09 Nov 2009

Learning from Crises

Recollect and recount lessons from crises. The key lessons are how to anticipate and take pre-emptive action and equally important, once you are in the middle of it, how to respond effectively namely,...

by Usha Thorat | On 22 Oct 2009

New Financiers and the Environment: Ten Perspectives on How Financial Institutions can Protect the Enviornment

This new report discusses the experience with environmental standards and how it can be useful for new financiers. It contains ten papers written by experts from civil society, financial institutions...

by International Rivers Network IRN | On 01 Oct 2009

State-Led or Market-Led Green Revolution? Role of Private Irrigation Investment vis-a-vis Local Government Programs in West Bengal’s Farm Productivity Growth

This paper estimates respective roles of private investments in irrigation and local government programs (land reforms, extension services, and infrastructure investments) in the growth of farm prod...

by Pranab Bardhan | On 14 Sep 2009

Monetary Policy, Forex Markets and Feedback Under Uncertainity in an Opening Economy

Options for monetary policy arising from interactions between it and Indian foreign exchange (FX) markets. A brief survey covers recent rapid changes providing a snapshot of current microstructure, ...

by Ashima Goyal | On 14 Sep 2009

Do Remittances Impact the Economy? Some Empirical Evidences from A Developing Economy

The study attempts to examine the impact of remittances on macroeconomic activities (private consumption and investment) and its implications on economic growth in India for the period from 1966-67 to...

by Hrushikesh Mallick | On 01 Sep 2009

A Simple Model of the Financial Crisis of 2007-9 with Implications for the Design of a Stimulus Package

The financial crisis of 2007-09 began as a local problem in the mortgage finance market in the United States and Europe but, within months, escalated into a general global financial crisis, resulting...

by Kaushik Basu | On 17 Aug 2009

A Model of Market Clearing Exchange Rates

This paper formulates a model of exchange rate determination that describes the market processes by which the foreign exchange markets are cleared and international receipts of countries are brought...

by Rajas Parchure | On 06 Aug 2009

Value Addition by the Marine Fisheries Sector

The article describes the important role played by Marine fishereis in the Indian economy. It elaborates the issues associated with value addition of this sector with special reference to optimum capa...

by Karmakar K G | On 27 Jul 2009

Hong Kong's Banks During the Financial Crisis

Despite the negative impact of the current crisis and many remaining uncertainties about the actual economic recovery path, the medium-term outlook for Hong Kong’s banks remains favourable.

by Robert Mülhaupt | On 15 Jul 2009

Union Budget-First Cut Analysis 2009-2010

The thrust of this budget on the expenditure side is twofold. Continue with the fiscal stimulus measures and extend these for another six months or one years as the case maybe. Significant among these...

by IRIS India IRIS | On 09 Jul 2009

What Rachna Has Done So Far: Program Description

This paper provides an overview of the background, objectives, interventions and impact hypotheses of Integrated Nutrition and Health Project (INHP-II) and Chayan rural, the implementation approaches...

by Rachna Program | On 07 Jul 2009

Preliminary Note on Financial Crisis and Trade and Investment Treaties

North-South free trade agreements (FTAs), bilateral investment treaties (BITs) and World Trade Organization (WTO) commitments often contain a number of provisions that can increase the likelihood of a...

by Third World Network | On 28 Jun 2009

Basic Infrastructure for a Nuclear Power Project

This publication was produced as a direction to increase the capability of Member States to plan and implement nuclear power programmes and to establish and enhance national nuclear infrastructure....

by International Atomic Energy Agency IAEA | On 19 Jun 2009

Financing Long Term Investments in Bangladesh: Capital Market Development Issues

There has been an increase in the demand for infrastructure services and opening up of the infrastructure sector for private investment. As a result, a large number of financial intermediaries and pri...

by Mustafa. K. Mujeri | On 15 Jun 2009

Fiscal Health of Selected Indian Cities

The paper aims to assess the fiscal health of five urban agglomerations (UAs) in India viz. Delhi, Hyderabad, Kolkata, Chennai, and Pune. The sample consists of five corporations and sixty three small...

by Simanti Bandyopadhyay | On 14 Jun 2009

Goods and Services Tax for India

The paper contours of a feasible design of VAT in India. It also takes on board the various alternatives proposed. It looks at the issues that need resolution and the options available for resolving t...

by R.Kavita Rao | On 12 Jun 2009

Foreign Exchange Liberalization: Perceptions, Realities and Way Forward

The article focuses on understanding of the economics of the exchange control liberalisation in macroeconomic perspectives and, therefore, the article does not attempt to interpret or explore the lega...

by P Samarasiri | On 12 Jun 2009

Agriculture, Food Security,and Poverty in China; Past Performance, Future Prospects, and Implications for Agricultural R&D Policy

China’s experience demonstrates the importance of technological development and public investment in improving agricultural productivity, farmer income, and food security in a nation with limited supp...

by Jikun Huang | On 07 Jun 2009

The EU-India FTA Critical Considerations in a Time of Crisis

The paper broadly examines the core trade interests of the EU and India, the content of the negotiations and outlines some key concerns of a potential deal for India in the areas of goods, services an...

by Shefali Sharma | On 05 Jun 2009

Background Paper: Investment Liberalization in the EU-ASEAN FTA

This background paper focuses on the implications of investment liberalization on ASEAN nations. [FGS OP NO 5]

by Ignacio Jose Minambres | On 31 May 2009

Backward Linkages of Foreign Subsidiaries in Guangdong, China: A Country- of –Origin Analysis

Multinational companies exercise their impact on the economic development of the host countries and regions through Foreign Direct Investments (FDI). The host countries tap the benefits from these FDI...

by Filip De Beule | On 15 May 2009

Measurement of Employment And Unemployment in India : Some Issues

This paper offers a review of the concepts and definitions used in the NSS Employment-Unemployment Surveys (EUS, for short) which have remained virtually unchanged since they were introduced in the NS...

by K. Sundaram | On 15 May 2009

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

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

by Stanley Nollen | On 15 May 2009

Agricultural Impact of Climate Change: A General Equilibrium Analysis with Special Reference to Southeast Asia

Capitalizing on the most recent worldwide estimates of the impacts of climate change on agricultural production, this paper assesses the economic effects of climate change for Southeast Asian countrie...

by Fan Zhai | On 14 May 2009

Sri Lanka Budget 2009

2009 Budget speech

by Ministry of Finance and Planning Sri Lanka | On 20 Apr 2009

Macroeconomic Effects Of Public Invesment In Infrastructure In India

This paper attempts to build an aggregative, structural,macroeconometric model for India. Investment and output in the model are disaggregated into four sectors namely(a) agriculture including forestr...

by K.N Murty | On 02 Mar 2009

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

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

by Duvvuri Subbarao | On 24 Feb 2009

Andhra Pradesh Budget Speech 2009-10

Speech of Sri K. Rosaiah

by Government Andhra Pradesh | On 23 Feb 2009

Key Features of Interim Budget 2009-10

Key features of Budget presented by Shri Pranab Mukherjee

by Ministry of Finance | On 16 Feb 2009

Some Reflections on the Recent Global Financial Turmoil – an Indian Perspective

The speech tries to underline some lessones that be drawn from the financial crisis relevant to regulation, financial markets and the market infrastructure and to reflect on these. [Annual Conference...

by Shyamala Gopinath | On 15 Jan 2009

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

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

by Hrushikesh Mallick | On 22 Dec 2008

Micro and Small Enterprises During Reforms: Policy and Concerns

This paper addresses some key policy issues relating to the micro and small enterprises in India during the reforms period. A close look into the definitional changes in terms of the criterion of inve...

by Keshab Das | On 16 Dec 2008

Mitigating Spillovers and Contagion Lessons from the Global Financial Crisis

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

by Duvvuri Subbarao | On 05 Dec 2008

Controlling Money and Politics – An Exercise in Damage Control

Whether there should be transparency in political finance? Whether there should be a control over the money that the political parties are receiving?

by Marcin Walecki | On 04 Dec 2008

The Role of Fiscal and Monetary Policies in Sustaining Growth with Stability in India

This paper focuses on the role of fiscal and monetary policies in the evolution of the Indian economy over the years, with particular attention being given to the reforms undertaken in these policies...

by Rakesh Mohan | On 28 Nov 2008

The Incidence and Performance Effects of Interlocking Directorates in Emerging Market Business Groups: Evidence from India

The structure and extent of interlocking directorates within Indian business groups is studied and analyses the performance effects of such interlocks. It finds that large groups tend to have more int...

by Bikram De | On 21 Nov 2008

World Development Report 2007 Development and the Next Generation

The Report examines five pivotal phases of life that can help unleash the development of young people’s potential with the right government policies: learning, working, staying healthy, forming famili...

by World Bank | On 11 Nov 2008

India’s Macroeconomic Performance

The paper reviews India’s macroeconomic performance and policies since 2000. The first section briefly summarizes key macroeconomic developments regarding economic growth, inflation, external bala...

by Shankar Acharya | On 02 Nov 2008

The Role of Intellectual Property Rights in Information and Communication Technologies

The paper starts by recapitulating the basic arguments provided by economic theory to explain the existence of the patent system. The paper then concentrates on the three important ICT industries viz....

by C Niranjan Rao | On 30 Oct 2008

India’s Macroeconomic Performance and Policies Since 2000

The paper reviews India’s macroeconomic performance and policies since 2000. The first section briefly summarizes key macroeconomic developments regarding economic growth, inflation, external balance...

by Shankar Acharya | On 29 Oct 2008

Deconstructing China’s and India’s Growth: The Role of Financial Policies

This paper uses the standard one-sector neoclassical growth model to investigate why China’s consumption has been low and investment high. This paper looks into the role played by the financial sector...

by Jahangir Aziz | On 07 Oct 2008

Technology Sourcing and Internationalisation of IT firms in India

The paper analyzes the determinants of internationalisation, defined in terms of export intensity and overseas investments, of the IT firms in India. In particular, the paper examines the role of tech...

by Narayanan K | On 01 Oct 2008

Pakistan Budget in Brief 2008

Budget in Brief is designed to summarize the detailed information into an overview comprising essential information about expenditure and receipt and the resulting budget balance.

by Ministry of Finance, Government of Pakistan, | On 22 Sep 2008

Educational Attainment of Youth and Implications forIndian Labour Market: An Exploration through Data

The link between education and labour market has a profound intellectual lineage, spanning across schools. An integrating view shared by these perspectives is the significance of education as a pivo...

by G.D Bino Paul | On 10 Sep 2008

Current Problems with the IMF and Challenges Ahead – A LatinAmerican Perspective

The paper examines the current problems with the IMF which include: 1) the institution is no longer fulfilling the functions it used to fulfil, nor is there a clear vision of any new functions for it;...

by Roberto Frenkel | On 21 Aug 2008

Measuring Sustainability with Macroeconomic Data for India

This paper investigates certain macro data on the Indian economy to draw inferences on the sustainability of the economic growth experienced over the last couple of decades. Interpreting sustainabilit...

by Purnamita Dasgupta | On 24 Jul 2008

Changing Paradigm of Indo-Japan Relations: Opportunities and Challenges

This paper presents an overview of Indo-Japan cooperation since late 18th and early 19th century till date. In the light of the changing paradigm in India-Japan relations over the past several years,...

by PG Rajamohan | On 23 Jun 2008

Newsletter on Regional Economy: A bi-monthly four state update from IRIS India

A monthly compilation by IRIS.

by IRIS India IRIS | On 09 Apr 2008

A Sugar Policy for India Comment on D R Gadgil

D.R. Gadgil, wrote at length about the need for a long-term sugar policy and its efficient implementation is needed in India. What is the current relevance of his ideas?

by Aparna Mitheel Jaikar | On 13 Mar 2008

Information Technology and Productivity: Evidence From India's Manufacturing Sector

An attempt is made at addressing the question about how has India fared in terms of harnessing this technology for enhancing manufacturing productivity. issue by analyzing an unpublished data set on...

by K.J. Joseph | On 10 Mar 2008

Budget 2008-09 and Children A First Glance

Budget for Children (BfC) is not a separate budget. It is merely an attempt to disaggregate from the overall budget, the allocations made specifically for programmes that benefit children. From 2000-0...

by HAQ Centre for Child Rights HAQCRC | On 04 Mar 2008

Speech of the Finance Minister at the Annual Economic Editors’ Conference

Shows how the macro economic variables of Indian Economy are performing.

by P Chidambaram | On 11 Feb 2008

Patents and Biopharmaceuticals in India: Emerging Issues

This paper highlights the status of the Indian biopharmaceutical industry and also makes a comparison with the global scenario. It also discusses the current situation regarding patenting biopharmaceu...

by Lalitha N | On 05 Feb 2008

What is Middle Class About the Middle Classes Around the World?

Household surveys from 13 developing countries are used to describe consumption choices, health and education investments, employment patterns and other features of the of the economic lives of the “m...

by Abhijit Banerjee | On 31 Jan 2008

Municipal Finance in India:An Assessment

This study, entitled “Municipal Finance in India – An Assessment”, undertaken for the Development Research Group (DRG), Reserve Bank of India examines the performance of Urban Local Bodies (ULBs) in I...

by P K Mohanty | On 29 Jan 2008

Managing Migration in thePhilippines: Lessons for India

The significance of international migration in the Philippines economy and society is discussed. The Government of Philippines plays a supportive and regulatory role promoting internationational migr...

by S. Irudaya Rajan | On 19 Jan 2008

Newsletter on Regional Economy A bi-monthly four-state update from IRIS

A monthly compilation by IRIS.

by IRIS India IRIS | On 11 Jan 2008

Girls, Educational Equity and Mother Tongue-based Teaching

One of the principal mechanisms through which inequality is reproduced is language, specifically the language used as the medium of instruction. The learner’s mother tongue holds the key to making sc...

by Carol Benson | On 21 Dec 2007

Does Energy Consumption Fuel Economic Growth In India?

Whether energy use drives economic growth or vice versa in the Indian context during the period 1970-71 to 2004-05 is examined. Utilizing the Granger causality test, the study suggests that it is the...

by Hrushikesh Mallick | On 17 Dec 2007

De-couple from China

Chindia isa word that came up recently. There are comparisons between the two countries about their economic growth. But there are differences between the two countries.

by T.N. Ninan | On 13 Dec 2007

The Growing Importance of Emerging Economies in the Globalised World and its Implications for the International Financial Architecture

The growing importance of India and other emerging economies in the globalized world are given in this lecture. This group of economies is not easy to define. However, some reflections on the implicat...

by Jean-Claude Trichet | On 30 Nov 2007

Newsletter on Regional Economy: A bi-monthly four-state update

A monthly compilation by IRIS.

by IRIS India IRIS | On 22 Oct 2007

Report on National Mineral Policy

Even after five years of after the liberalisation of the investment regime India has failed to attract FDI to come to the mining sector. In the last decade, many developing countries have significantl...

by Planning Commission, India | On 18 Oct 2007

Elements of Effective Central Banking: Theory, Practice, and History

The key elements of effective central banking that account for much of the improvement in monetary policy around the world today are outlined and explained. The past quarter of the century has been a...

by Marvin Goodfriend | On 09 Oct 2007

Inter-firm differences in FII portfolio investment in India

This paper has the objective of analysing the determinants of FII investment in firms in high-tech corporate sectors like automobiles, drugs and pharmaceuticals, IT software and IT hardware for the pe...

by B.L. Pandit | On 08 Oct 2007

Conserving Biodiversity Efficiently: What to Do, Where, and When

Conservation priority-setting schemes have not yet combined geographic priorities with a framework that can guide the allocation of funds among alternate conservation actions that address specific thr...

by Kerrie A Wilson | On 21 Sep 2007

Educational Policy and the Economics of the Family

The implications of alternative ways to model decisionmaking by families for educational policy are analysed. Many of the policy implications associated with credit constraints cannot be distinguished...

by Abhijit Banerjee | On 11 Sep 2007

Monetary Policy Developments in India: An Overview

A review of the recent developments in the Indian Economy. Review of the trends in monetary policy challenges globally and for emerging market economies (EMEs) in particular. The monetary policy frame...

by Y V Reddy | On 10 Sep 2007

Get a Life!

The life of an investment banker in New York who is dealing in the collateralised debt obligation (CDO) market.

by T.N. Ninan | On 28 Aug 2007

Newsletter on Regional Economy: A bi-monthly four-state update

A monthly compilation by IRIS.

by IRIS India IRIS | On 22 Aug 2007

A Change of Mood

There is a change in the financial scenario. Any sustained bout of fair weather on the markets creates business excesses as investors and consumers start discounting risk more and more. So it is healt...

by T.N. Ninan | On 20 Aug 2007

Essays: Monetary Policy: Satisfy China’s Demand for Money

A talk with Nobel economics laureate Robert Mundell on how Beijing can keep the yuan’s value fixed and still avoid inflation. China’s high balance of payments surplus and pressure on the yuan could be...

by Hugo Restall | On 04 Aug 2007

Institutional Influences on Human Capital Accumulation: Micro Evidence from Children Vulnerable to Bondage

The paper examines child labour, lower schooling attendance and attainment, and significantly elevated fertility in families vulnerable to debt bondage.

by Eric Edmonds | On 02 Aug 2007

Foreign Exchange Reserves

The report is a compilation of quantitative information with regard to external reserves, such as, level of foreign exchange reserves, sources of accretion to foreign exchange reserves, external liabi...

by Reserve Bank of India | On 26 Jul 2007

The Rise in Remittances to India: A Closer Look

India has clearly achieved a large sustained level of remittances. Policy initiatives by the government and banking institutions have achieved two significant results. First, most remittances flow tho...

by Muzaffar Chisti | On 11 Jul 2007

Economic Reforms, Capital Inflows and Macro Economic Impact in India

The effects of the inflows of private foreign capital on some major macroeconomic variables in India are analyzed using quarterly data for the period 1993-99. Cointegration test and The Granger Causal...

by Indrani Chakraborty | On 11 Jul 2007

Offshoring in a Ricardian World

Falling costs of coordination and communication have allowed firms in rich countries to fragment their production process and offshore an increasing share of the value chain to low-wage countries. Thi...

by Andrés Rodríguez-Clare | On 05 Jul 2007

Medico Friend Circle Bulletin, 320-321, DEcember 2006-March 2007

Public Health Education in India -Ritu Priya 1 Public Health Education in India - Some Reflections -Ravi and Thelma Narayan 4 A Few Additional Issues for Discussion at the MFC Meet -Anant Phadke 19 ...

by Medico Friend Circle | On 04 Jul 2007

Rent a Womb: Surrogate Selection, Investment Incentives and Contracting

The paper develops a model of gestational surrogacy, in which a childless couple faces heterogeneous prospective surrogates. High-type surrogates add more value but also have higher outside options....

by Swapnendu Banerjee | On 25 Jun 2007

Role of UNU-IIGH in Capacity Building for Sustainable Global

Globalisation promises positive economic impact through faster growth, increase in foreign direct investment and poverty reduction. However, there are growing evidence showing that the undesirable eff...

by Mohammed Yasin Salleh | On 19 Jun 2007

Productivity and Efficiency at Public and Private Sector Banks in India

A comparison between PSBs and their private sector counterparts based on measures of efficiency and productivity that use quantities of outputs and inputs. Efficiency measures a firm’s performance rel...

by TT Ram Mohan | On 04 Jun 2007

Investment Climate and Total Factor Productivity in Manufacturing: Analysis of Indian States

Liberalisation initiatives have been taken by India with a view to improve the efficiency of manufacturing industries and achieving faster GDP growth. The present paper investigates the influence of...

by C Veermani | On 01 Jun 2007

Infrastructure Development in India An Appraisal

Infrastructure is generally defined as the physical framework of facilities through which goods and services are provided to the public. a strong correlation exists between per capita GDP and availabi...

by P. Nayak | On 29 May 2007

Lesons Government Failure: Public Goods Provision and Quality of Public Investment

This paper focuses on government investment and expenditure policies. Going beyond the growth experience, the author also tries to relate the policy experience to the issues of aggregate poverty, in...

by Arvind Virmani | On 25 Apr 2007

Indo-Sri Lanka Trade In Services: FTA II And Beyond

India and Sri Lanka are in the process of negotiating Comprehensive Economic Partnership Agreement. In this context, the study shows that since there has been an increase in services trade between the...

by Nisha Taneja | On 09 Apr 2007

Public Investment and Agricultural Productivity: A State-wise Analysis of Foodgrains in India

The main objective of the study is to examine the long-run relationship between public investment and foodgrain productivity across the fifteen major states of India. The analysis is confined to the p...

by Shyjan D | On 19 Mar 2007

Outlays Only, Not Outcomes?

The Budget does not sufficiently recognize the need for re-balancing the role of the state and the market, and of the public and the private sectors for managing increasingly complex economic and stra...

by Mukul Asher | On 07 Mar 2007

Fiscal Deficit, Capital Formation, and Crowding Out : Evidence from India

Theoretical literature identifies two variants of crowding out in an economy–real and financial. The real (direct) crowding out occurs when the increase in public investment displaces private capital...

by Lekha S. Chakraborty | On 17 Feb 2007

What Drives Forward Premia in Indian Forex Market?

This paper explores the behaviour of the forward premia for US$ vis-à-vis INR during the five-year period of September 2000 to September 2005. Indian forex market experienced a peculiar phenomenon i...

by Anil Kumar Sharma | On 10 Jan 2007

Building Technological Capability in Developing Countries: The Case for a Technology Policy

The paper offers some reflections on technological capability building in the context of low-income developing countries. The issue is of particular concern, especially in an economic climate of liber...

by Mozammel Huq | On 22 Dec 2006

Foreign Direct Investment to Developing Countries in the Globalised World

This paper discusses the key issues related to foreign direct investment flows to developing countries in the globalised world. In particular, the paper focuses on the recent trend and direction of fo...

by Sandy Kyaw | On 22 Dec 2006

Chasing the dragon: Accounting for the under-performance of India by comparison with China in attracting foreign direct investment

This paper compares and contrasts the performance of India and China in attracting foreign direct investment (FDI). Both economies are large emerging markets that had rather similar profiles in 1978....

by John S Henley | On 22 Dec 2006

Buying spree

It is astonishing, and entirely unpredicted, that India’s outbound investment should begin to rival inbound FDI. The numbers quoted in a full-page report by the Financial Times earlier this week say t...

by T.N. Ninan | On 07 Oct 2006

Land of Opportunity?

While the last 15 years have seen a flowering of enterprise because of the opening up of the Indian economy, today’s more open trading and investment system (which allows the big international players...

by T.N. Ninan | On 16 Apr 2006

India’s Post-Liberalisation Growth Experience: An Analysis by the Demand Components

This paper tries to examine the sustainability aspect of the rate of growth (rog) in recent years, designated as ‘the second phase of liberalisation’. This paper is based on the Keynesian framework wh...

by Anamitra Roychowdhury | On 29 Mar 2006

Trends and Patterns of Technology Acquisition in Indian Organized Manufacturing: An Inter-industry Exploration

With liberalization of foreign technology import policy in the 1990s, India has seen declining R&D intensity at national level. This has generated a general concern on how Indian industries are doin...

by Jaya Prakash Pradhan | On 28 Mar 2006

Foreign Direct Investment and Technology Spillovers:Evidence from the Indian Manufacturing Sector

During the recent period, many countries compete with each other to attract foreign investment. When MNCs invest in a host country, it is assumed that a part of their technology spills to the host cou...

by Subash Sasidharan | On 26 Mar 2006

Regional Diffferences in FDI Inflows: China – India Comparison

An analysis of regional differences in the flow of FDI in China and India is important as in both these countries a few regions account for the bulk of FDI inflows. There are very few studies on regi...

by N.S. Siddharthan | On 23 Mar 2006

Union Budget 2006-07: Reforms in Indirect Taxes: Long on Rhetoric

The Finance Minister’s speech presenting the Union Budget 2006-07 indicated that long-overdue reforms of the tariff structure had been undertaken in this year’s budget. But a careful analysis of thes...

by Sukumar Mukhopadhyay | On 22 Mar 2006

Does a Rising Tide Lift All Boats Evenly?Health Investments and Gender Inequality in India

Gender inequality in South Asia is an important policy issue; gender imbalances in mortality have been of particular concern. Policy makers often argue that increasing the level of development and ac...

by Emily Oster | On 21 Mar 2006

Economic Survey 2005-06, Chapter 4

Securities Markets

by Ministry of Finance | On 27 Feb 2006

Economic Survey 2005-06,Chapter 2

Public Finance

by Ministry of Finance | On 27 Feb 2006

Widening of Tax Base and Evasion of Tax: Thirty-third Report of the Standing Committee on Finance (2005-06)

The challenge to the tax system to expand both the revenue base and progressively bring into the net larger number of taxpayers remains as daunting as ever. The object is not to ignore the generally...

by Standing Committee on Finance | On 26 Feb 2006

The Economic Costs of the Iraq War: An Appraisal Three Years After the Beginning of the Conflict

Many aspects of the Iraq venture have turned out differently from what was purported before the war: there were no weapons of mass destruction, no clear link between Al Qaeda and Iraq, no imminent dan...

by Linda Bilmes | On 25 Feb 2006

Some Key Issues in Policy, Pricing, Regulation, and Financing of Irrigation Development in India Today

This paper discusses the stylised problems relating to water and irrigation in India and argues tht most of the inefficeincies, misuse and environmental damage have their roots in the mispricing of wa...

by Sebastian Morris | On 24 Feb 2006

Attracting Export-Oriented FDI:Can India Win the Race?

Why has India has performed poorly in attracting export oriented foreign direct investment (EFDI) as compared to its peer groups such as China. The empirical literature on the location of EFDI indic...

by Jaya Prakash Pradhan | On 20 Feb 2006

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

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

by Reserve Bank of India | On 02 Feb 2006

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

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

by Amaresh Bagchi | On 01 Feb 2006

The Social Cost of Foreign Exchange Reserves

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

by Dani Rodrik | On 27 Jan 2006

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

Controlled Capital Account Liberalisation: A Proposal

This paper outlines a proposal for a controlled approach to capital account liberalization for economies experiencing large capital inflows. The proposal essentially involves securitizing a portion o...

by Eswar S. Prasad | On 09 Dec 2005

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

Dams

The construction of large dams is one of the most costly and controversial forms of public infrastructure investment in developing countries, but little is known about their impact. This paper studies...

by Esther Duflo | On 21 Nov 2005

Recent Social Security Reforms In Selected Asian Countries

There are considerable variations in the philosophy, coverage, investment policies and performance, design of schemes, governance structures, degree of professionalism and adequacy of benefits among A...

by Mukul Asher | On 11 Oct 2005

Demographics And Global Savings Glut

There is growing evidence that demographic changes have played an important role in driving Asia’s economic transformation by generating high savings rates.In this report, the author argues that high...

by Sanjeev Sanyal | On 01 Sep 2005

Crop Insurance Scheme: A Case Study Of Banana Farmers In Wayanad Districts

Crop insurance is recognised to be a basic instrument for maintaining stability in farm income, through promoting technology, encouraging investment, and increasing credit flow in the agricultural sec...

by Manoj Kumar K | On 11 Aug 2005

Pharmaceutical Policy, 2002

Pharmaceutical Policy of 2002 covering issues of pricing, ,marketing, size of market, quality, production, investment, regulatory authority, monitoring, ethical issues

by Anonymous | On 10 Aug 2005

Modifications in Drug Policy 1986

Modifications to Drug Policy 1986

by Anonymous | On 10 Aug 2005

Work in a Globalising Economy: Role of Outsourcing in India

This paper attempts to examine the different types of outsourcing in India. It is usually believed that globalisation has encouraged the developed countries to outsource their production to the less d...

by Sharit Bhowmik | On 05 Aug 2005