One of the distressingly overwhelming scenes which followed the sudden announcement of lockdown was mass reverse migration of lakhs of migrant workers from more industrialized and urbanized states and...
by | On 02 Jun 2020 This article explores the psychological, social, and neuroscientific effects of COVID-19 and set out the immediate priorities and longer-term strategies for mental health science research. These prior...
by | On 21 May 2020 New Keynesian Dynamic Stochastic General Equilibrium (DSGE) models with various specifications of technology, markup and interest rate shocks are estimated with Indian data using Kalman filter based p...
by Ashima Goyal | On 25 Apr 2019 This paper identifies five factors that can capture 95% of the variance across 39 US dollar exchange rates based on the principal component method. A time-varying parameter factor-augmented vector aut...
by Hongyi Chen | On 01 Apr 2019 Over 2017-18 there was a sharp rise in Indian government securities (G-Secs) interest rates unrelated to fundamentals. Examining each of the standard explanatory variables shows them to be inadequate...
by Ashima Goyal | On 29 Mar 2019 There were intensive efforts at monetary cooperation in the interwar years to overcome the imbalances accumulated during the war years to reduce the rate of inflation, reduce the rate of unemployment...
by Manmohan Agarwal | On 01 Feb 2019 The paper explored deep analytical issues such as the nature of the objective function to be optimized, planning horizon, choice of the discount rates, etc. No wonder, his book “Capital and Developmen...
by Vijay Kelkar | On 30 Jan 2019 This study analyses the time varying correlation of money and output using the DCC GARCH model for the Euro, India, Poland, the UK and the US. Apart from simple sum money, this model uses Divisia mone...
by Taniya Ghosh | On 30 Jan 2019 This paper investigates the effects of the Basel II capital requirement implementation in Viet Nam on the bank lending rate and national output. The paper provides a theoretical framework as well as e...
by Nguyet Thi Minh Phi | On 28 Jan 2019 This study investigates the macroeconomic effects of public debt in India using a Structural Vector Auto regression (SVAR) framework for the period from 1980 to 2017. The objective of this study is to...
by Ranjan Kumar Mohanty | On 23 Jan 2019 In recent years, many emerging economies including India have adopted inflation targeting framework. Post the global financial crisis, there is a growing debate on whether monetary policy should targe...
by Ila Patnaik | On 23 Jan 2019 This paper assesses the accuracy of Asian Development Outlook growth and inflation forecasts for 43 Asian economies from 2007 to 2016, against the benchmark of World Economic Outlook projections by th...
by Benno Ferrarini | On 22 Jan 2019 This paper uses a structural gravity model to show the effects of services policies on manufacturing exports. Whereas the previous literature has focused on indirect effects of policies—flowing throug...
by Ben Shepherd | On 28 Dec 2018 The paper examines behavioral constraints in policy-making and in achieving coordination across policies. First it applies psychological concepts to understand policy inadequacies, and next examines h...
by Ashima Goyal | On 29 Oct 2018 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 This paper takes a New Keynesian model with non-separable money in utility to Indian data using maximum likelihood. The identification problem in isolating the effect of money on output and inflation...
by Ashima Goyal | On 21 Sep 2018 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 The paper assesses the performance of India's managed float with respect to maintaining a real competitive exchange rate, its effect on trade, on stability of currency and financial markets, and on in...
by Ashima Goyal | On 24 Aug 2018 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 This short paper has two main sections. The first section presents a more detailed picture and overview of the macroeconomic performance of the Philippines behind the Philippines’ remarkable growth. T...
by Maureen Ane D. Rosellon | On 06 Jul 2018 This paper aims to analyze the determinants of household energy portfolio in urban and rural areas and to determine how choices are affected by price shocks and weather variabilities in the Philippine...
by Connie Bayudan-Dacuycuy | On 29 Jun 2018 The paper makes an analysis of cash holdings in India and attempts to test its association with tax effort and government spending. The finding arrived is that the ratio of Cash holding to Nominal GDP...
by R. Mohan | On 21 Jun 2018 This paper assesses the effects of the most recent monetary policy behavior of the Bank of Japan (BOJ) (in particular, zero interest rate policy and negative interest rate policy) and Japanese tax pol...
by Farhad Taghizadeh-Hesary | On 09 Jun 2018 The paper identifies key features of International Monetary Fund (IMF)–supported programs following the 2008 global financial crisis. The statistical analysis of a large sample of countries that borro...
by Carlos De Resende | On 09 Jun 2018 Review of
'The Indian Ocean in World History' by Edward A. Alpers, Oxford World History Series. Oxford: Oxford University Press, 2013. 172 pp. Illustrations, maps. $19.95 (paper), ISBN 978-0-19-5337...
by | On 06 Jun 2018 This paper studies the relationship between rural wage growth and inflation in
India to assess the risk of a wage
-
price spiral to the inflation trajectory.
The
results...
by Sujata Kundu | On 14 May 2018 The paper assesses the power of forward guidance—promises about future interest rates—as a monetary tool in a liquidity trap using a quantitative incomplete-markets model. The results suggest the effe...
by Marcus Hagedorn | On 24 Apr 2018 India’s health sector is characterized by modest health indicators, a paucity of medical
financing schemes that have successfully scaled, high per capita out-of-pocket health expenditure,
and very l...
by | On 06 Apr 2018 There have been very few works focusing on the determinants and
barriers of financial inclusion. The objective of this study is two folded.
Firstly, to measure a efficient composite multi-dimensiona...
by | On 27 Mar 2018 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 This paper seeks to examine how the objectives of monetary policy have changed over the years from one of supporting public investment to one of inflation control and still later to inflation targetin...
by | On 15 Mar 2018 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 paper attempts to understand the significance of the Green Solow
Model, in the context of a developing country such as India. It gives
particular importance to the role of population density, in...
by | On 27 Feb 2018 The paper examines how endogenous social preferences could affect economic incentive design to encourage biodiversity protection on private land. A 'green' farmer may enjoy esteem from leading by exam...
by Rupayan Pal | On 22 Feb 2018 The paper presents a variety of indicators to show that demand constrained output during the period of growth slowdown 2011-17. It also draws on research to show the macroeconomic structure of the eco...
by Ashima Goyal | On 22 Feb 2018 Inflation in the country continued to moderate during 2017-18. CPI based headline inflation
averaged 3.3 per cent during April-December 2017-18, the lowest in the last six financial
years. The signi...
by Arun Jaitley | On 31 Jan 2018 During 2017-18 (till January), monetary policy remained steady with only one policy rate cut
in August. As the Y-o-Y effect of demonetisation wore off, the growth rate of both Currency in
Circulatio...
by Arun Jaitley | On 31 Jan 2018 The tenth chapter of Economic Survey 2018 has sown that investments in social infrastructure and human development has paid off well. The policies and schemes have also been mentioned in detail. The g...
by Lakshmi Priya | On 31 Jan 2018 Introduction: India bears a disproportionate burden of open defecation in spite of investing
more and more funds and ushering in several institutional efforts including Swachh Bharat
Mission in the...
by Arijita Dutta | On 23 Jan 2018 A selective survey of recent papers in the area of technological change, automation and employment is presented. The objective is to convey analytical ideas and the empirical evidence that have inform...
by K. V. Ramaswamy | On 16 Jan 2018 This paper examines dimensions of inequality including labour market inequalities and discusses public policies needed for reduction in inequalities. It discusses both inequality of outcomes and inequ...
by S.Mahendra Dev | On 16 Jan 2018 The paper discusses the changes in the new 2011-12 base year series of the Index of Industrial Production (IIP) to ask, whether the new series has improved our under-standing of the growth in the manu...
by Radhika Pandey | On 12 Dec 2017 Fifty years ago, Milton Friedman articulated the natural rate hypothesis. It was composed of two sub-hypotheses: First, the natural rate of unemployment is independent of monetary policy. Second, ther...
by | On 08 Dec 2017 Impact of changes in policy rate of interest on demand for bank credit is examined for seven emerging market economies including India for the period 2002 to 2010. Panel data techniques are used after...
by | On 01 Dec 2017 This paper uses detailed production data from a half million Chinese manufacturing plants over 1998-2007 to estimate the effects of temperature on firm-level total factor productivity (TFP), factor in...
by Peng Zhang | On 28 Nov 2017 The paper says that locally evolved institutions and their social and cultural norms are central to people’s identities and local governance in KP.
by Dr. Abid Suleri | On 23 Nov 2017 The paper uses a six-year panel of 6,500 students at three international schools in a major city in north China to estimate how fluctuation in ambient PM2.5 over the preceding fortnight impacts daily...
by Haoming Liu | On 20 Nov 2017 The report shows that the rationality arguments used to establish the existence of
subjective probabilities depend essentially on the identification of acting-as-ifyou-believe and actually believing.
by Asad Zaman | On 26 Oct 2017 The report narrates that the COBRA is the web-based system for the WageIndicator Labour Law database.
by Kea Tijdens | On 23 Oct 2017 This paper constructs a dynamic macro model with new monetary policy rule to examine the implications of international reserve accumulation for macroeconomic outcomes such as economic growth and infla...
by Prakash Shrestha | On 18 Oct 2017 The report narrates that threefold increase in percapita income in urban areas is expected during this period of time.
by S.V. Ranganath | On 12 Oct 2017 The paper says that it will contribute to make monetary policy more effective and thus enhance its impact.
by Sarthak Karki | On 06 Oct 2017 The empirical context of our study is Indonesia, a country with a long tradition of regulating consumer energy prices and a recent change in subsidy policies, facilitated by dramatically falling oil p...
by Sebastian Renner | On 29 Sep 2017 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 The paper investigate the predictive power of Divisia monetary aggregates in explaining exchange rate variations for India, Israel, Poland, UK and the US, in the years leading up to and following the...
by Taniya Ghosh | On 18 Sep 2017 The Laspeyres-type consumer price index (CPI) is traditionally used to measure the changes in cost-of-living over time. Studies indicate this CPI suffers from a plutocratic bias, attaching greater wei...
by Dilip M. Nachane | On 18 Sep 2017 The paper examines the strength and efficacy of transmission from the policy rate and liquidity provision to market rates in India, using event window regression analysis. The paper finds the interest...
by Ashima Goyal | On 15 Sep 2017 The paper discusses the nature and extent of non-farm activities in India using India Human Development Survey unit record data. An exercise carried out to understand the determinants of income from n...
by Meenakshi Rajeev | On 11 Sep 2017 This paper analyses the effect of economic globalization on income inequality in both cross-country and country-specific framework using panel data techniques and policy simulations. The sample compri...
by Sovna Mohanty | On 07 Sep 2017 This paper aims to assess the implications of these bills on the distribution of tax burden across income groups, economic incentives in affected sectors, national government revenues, and likely impa...
by Rosario G. Manasan | On 01 Sep 2017 The objective of the study is to understand the ‘actual’ consumption patterns of fruits and vegetables in India and compare this to the World Health Organization (WHO) ‘recommended’ quantity for an ad...
by Arpita Mukherjee | On 31 Aug 2017 The report says that a fresh wave of globalisation since the early 1990s has created both hope and despair.
by Sudarshan Iyengar | On 23 Aug 2017 The 1986 US Immigration Reform and Control Act (IRCA) was directed at tackling the problem of growing unauthorized migration through legalization of unauthorized immigrants, increasing border security...
by Jan van Ours | On 17 Aug 2017 In the Indian context, the present literature on estimation of potential output - the level of output that an economy can produce sustainably over the medium term is based on an understanding that sus...
by Deba Prasad Rath | On 04 Aug 2017 This paper provides a comparative assessment of CPI and WPI in terms of its key characteristics, particularly on the method of compilation, distributional properties and measures of underlying inflat...
by Praggya Das | On 04 Aug 2017 The report says that the BoP, thus, includes all transactions showing: (a) transactions in goods, services and income between an economy and the rest of the world, (b) changes of ownership and other c...
by Reserve Bank of India RBI | On 03 Aug 2017 The study focuses on various drivers of overnight inter-bank rate spread under
the new liquidity management framework during July 2013 to December 2016.
Applying OLS with Newey-West estimator and va...
by Sunil Kumar | On 03 Aug 2017 This paper revisits the issue of determinants of inflation in India in a Phillips curve framework and makes two key contributions in relation to existing studies. First, in the context of the Reserve...
by Harendra Behera | On 03 Aug 2017 This paper considers arguments about Islam and women’s welfare, and, at greater length, how legal systems with Islamic elements treat women, with a focus on how women fare in Islamic family courts. Ke...
by John R. Bowen | On 02 Aug 2017 It is widely recognized that politics affects policy-making, but there is little knowledge
about how politics can be made more conducive to effective governance. This
study reverses the relationship...
by Jonathan Phillips | On 02 Aug 2017 This paper examines the implications of the establishment of the
New Development Bank (NDB) and the Contingent Reserve Arrangement
(CRA) for the international financial system and for the BRICS coun...
by Manmohan Agarwal | On 31 Jul 2017 An analysis of the impact of government borrowing from the scheduled banks on the credit to private
sector in Pakistan, using monthly data from 1998:M6 to 2015:M12. We find that a one percentage
poi...
by Sajjad Zaheer | On 31 Jul 2017 The seventh goal of the Sustainable Development Goals (SDGs) is dedicated to ensuring access to affordable, reliable, sustainable and modern energy for all by 2030. While energy was implicit in the Mi...
by Hannah Goozee | On 28 Jul 2017 The present paper is an attempt to conduct a valuation of the three most important exhaustible natural resources, viz., natural gas, coal and hard rock, via
the System of Environmental-Economic Accou...
by Mahfuz Kabir | On 27 Jul 2017 The paper estimates the relationship between the current account and fiscal deficit, and the real exchange rate, in a structural vector auto regression, with Indian data for the managed float period 1...
by Ashima Goyal | On 22 Jul 2017 Inflation expectations are an important marker for the conduct of monetary policy. Using a Bayesian structural VAR-X model that includes the inflation expectations of general public based on the Infla...
by Taniya Ghosh | On 21 Jul 2017 This report presents country-case studies for Bangladesh, Georgia, and Viet Nam focusing on growing evidences in the development of financial soundness indicators to effectively monitor the financial...
by Asian Development Bank Institute | On 06 Jul 2017 The publication reviews recent developments in East Asian local currency bond markets along with the outlook, risks, and policy options. This issue includes a special section on Sukuk (Islamic bonds)...
by Asian Development Bank Institute | On 06 Jul 2017 The report says that yields for 10-year local currency (LCY) government bonds in emerging East Asia were mostly down between 1 September and 31 October. Investor confidence was buoyed as financial mar...
by Asian Development Bank Institute | On 29 Jun 2017 The report says Fiji’s economy has seen 5 years of positive growth since 2010 - one of its few episodes of sustained growth since 1970. Growth averaged 3.3% a year during 2010-2014, which is nearly fo...
by Asian Development Bank Institute | On 27 Jun 2017 This issue of the Asia Bond Monitor includes two special discussion boxes. Box 1 discusses the risks to emerging Asia’s financial stability under tightening global liquidity conditions. Box 2 discusse...
by Asian Development Bank Institute | On 23 Jun 2017 The report narrates that the yields of local currency bonds in most emerging East Asian markets remained on a downward trajectory in the first month and a half of 2016, pressured by worries over globa...
by Asian Development Bank Institute | On 15 Jun 2017 The report says that the global economic environment also affects the region’s bond yields, emphasizing the importance of domestic macroeconomic stability and bond market resilience in the face of glo...
by Asian Development Bank Institute | On 06 Jun 2017 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 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 The report notes that yields for 2-year and 10-year local currency government bonds in emerging East Asia were mostly lower between 1 June and 15 August and stock markets in the region recorded gains...
by Asian Development Bank Institute | On 23 May 2017 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 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 This paper analyzes optimal monetary policy under zero lower bound in the
presence of cost channel. Cost channel introduces trade-o¤ between output and
inflation when economy is out of ZLB. As a res...
by Taniya Ghosh | On 04 May 2017 This new ILO Global Wage Report – the fifth in a series that now spans over a decade – contributes to this agenda by making comparative data and information on recent wage trends available to governme...
by International Labour Organization [ILO] | On 14 Apr 2017 The analysis in this paper
suggests that demonetisation has impacted various sectors of the economy in varying
degrees; however, in the affected sectors, the adverse impact was transient and felt ma...
by Reserve Bank of India RBI | On 21 Mar 2017 Demonetisation announced on November 8, 2016 was aimed at addressing corruption, black money, counterfeit currency and terror financing. Although demonetisation holds huge potential benefits in the me...
by Reserve Bank of India RBI | On 15 Mar 2017 Using government data, this brief reports on trends for SBM-G along the following
parameters:
• Allocations and expenditures
• Physical progress of toilets
built
• Expenditures incurred under
...
by Avani Kapur | On 27 Jan 2017 Pulses in India have recently become a topic of concern among policymakers. Members of the Opposition, for instance, have pointed to the 'exceptionally high' cost of certain pulses as an indication of...
by | On 15 Dec 2016 The study attempted to investigate the determinants of inflation in case of
Pakistan and to check the validity of monetarist stance that inflation is always
and everywhere a monetary phenomenon by i...
by Mehak Moazam | On 07 Dec 2016 In collaboration with the Government of Bihar, India, a large-scale experiment is conducted to evaluate whether transparency in fiscal transfer systems can increase
accountability and reduce corrupt...
by Abhijit Banerjee | On 02 Dec 2016 This study examines whether skewness of cross sectional distribution of
relative price shocks has asymmetric impact on aggregate inflation. The
empirical evidence from various countries suggests tha...
by Sartaj Rather | On 16 Nov 2016 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 study focuses on four industries, which were identified by the Government as the growth poles of Mauritius’ economy: sugar agriculture, textiles, tourism (hotels) and financial services.3 The empl...
by International Labour Organization [ILO] | On 08 Nov 2016 The aim of this study
is to value, in monetary units, coastal and marine ecosystem services in India. The
reasons for doing so are two–fold: i) the destruction and degradation of coastal
ecosystems...
by K. S. Kavi Kumar | On 25 Oct 2016 This article describes recent trends in female education and labor force participation
in developing countries. It also reviews the literature on the causes and effects of the recent
changes in fema...
by Rachel Heath | On 21 Oct 2016 The International Panel on Climate Change (IPCC) Fifth Assessment Report notes that up to 2050, the main impact of climate change on health will be an increase in illness and deaths related to the env...
by World Health Organisation (WHO) | On 13 Oct 2016 Measuring the gender peer effects on student achievement has recently attracted a lot of attention in the literature. Yet, the results are inconclusive. A substantial amount of research shows that hav...
by | On 12 Oct 2016 Demographic transition due to population aging is an emerging trend throughout the developing world,
and it is especially acute in China, which has undergone demographic transition more rapidly than...
by Xinxin Wang | On 10 Oct 2016 The objectives of monetary policy have always been a topic of intensive debate. This debate has
resurfaced during the past few years. In India too monetary policy-making appears to have
undergone si...
by Lokendra Kumawat | On 10 Oct 2016 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 Objectives of this paper are to empirically examine the roles of three channels of FDI liked
spillovers in enabling domestic firms (DFs) to take decision to export (DTE). The findings suggest that
c...
by Pradeep Kumar Keshari | On 03 Oct 2016 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 Climate change has the potential to influence the earth’s biological systems, however, its effects on human health are not well defined. Developing nations with limited resources are expected to face...
by | On 12 Sep 2016 The question here is, whether it’s the responsibility of the Government or the Central Bank to ensure price stability in an economy? For instance, what was the role of the RBI when the prices of pulse...
by Deepthi Mary Mathew | On 07 Sep 2016 In this paper a textual analysis is performed of monetary policy statements issued during the past ten
years by State Bank of Pakistan and compare them with policy reviews of seven selected central
...
by Asif Mahmood | On 07 Sep 2016 Macroeconomic analytical frameworks change with events they are unable to explain. The process is
closer to abductive reasoning that is based on both events and analysis, unlike induction which is
d...
by Ashima Goyal | On 31 Aug 2016 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 During the recent episode of persistently high food inflation in India, the role of rent seeking activities of food suppliers emerged as the centre of debate in the country. The rent seeking activitie...
by Rudrani Bhattacharya | On 29 Aug 2016 This paper argues that differences in the cost structure across sectors play an important role in the decision of firms to adjust their prices. It develops a menu-cost model of pricing in which retail...
by Craig Benedict | On 18 Aug 2016 The Monsoon Session of Parliament concluded on August 12, 2016. The session had 20 sittings, during which various
Bills were passed, including a Constitutional Amendment Bill enabling the levy of a G...
by Kusum Malik | On 16 Aug 2016 Countries rarely hit the zero-lower bound on interest rates, but when they do, these episodes tend to be very long-lived. These two features are difficult to jointly incorporate into macroeconomic mod...
by Marc Carreras | On 16 Aug 2016 We study the evolution of trade liberalization’s effects on local labor markets, following
Brazil’s early 1990s trade liberalization. Regions that initially specialized in industries facing
larger t...
by Rafael Dix-Carneiro | On 16 Aug 2016 There has to be evidence in the policy dialogue. Some may believe that all it takes to convince the body politic of the necessity to choose one policy over another is to present the evidence, complete...
by Raghuram G. Rajan | On 03 Aug 2016 It is widely believed that teacher turnover adversely affects the quality of instruction in urban schools serving predominantly disadvantaged children, and a growing body of research investigates vari...
by Eric Hanushek | On 03 Aug 2016 This paper examines the impact of micro-credit on employment. Household-level data was collected, following a quasi-experimental design, in Bangladesh and Pakistan. Three borrower groups are compared:...
by Azhar Kahn | On 19 Jul 2016 This paper analyzes the optimal discretionary monetary policy under Zero Lower Bound (ZLB) for varying degree of interest rate pass-through. This paper finds that (i) exit date from ZLB becomes endoge...
by Siddhartha Chattopadhyay | On 13 Jul 2016 The paper investigates the dynamic relationship between movements in oil prices and exchange rates with macroeconomic variables like price, output, interest rate and money by using structural vector a...
by Taniya Ghosh | On 12 Jul 2016 Indian government launched the Rashtriya Swasthya Bima Yojana (RSBY), a national health insurance scheme, in 2008 that provides cashless health services to poor households in India. The scheme is eval...
by Mehtabul Azam | On 11 Jul 2016 Global commodity prices surge of 2007-08 sent an inflationary shock across the countries. 2014 global
prices descend resulted in significant disinflation in many countries and even deflation in some
...
by Muhammad Nadim Hanif | On 30 Jun 2016 The paper finds a systematic and economically sizeable relationship between income levels and life expectancy in a panel dataset of 197 countries over 213 years. By itself, GDP/capita explains more th...
by Michael Jetter | On 28 Jun 2016 This paper discusses the relevance of recent research on the economics of human development to the work of the Human Development and Capability Association. The recent economics of human development b...
by James J. Heckman | On 28 Jun 2016 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 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 Global commodity prices surge of 2007-08 sent an inflationary shock across the countries. 2014 global prices descend
resulted in significant disinflation in many countries and...
by Muhammad Nadim Hanif | On 06 Jun 2016 People’s Science Institute carried out the first trials of the
System of Wheat Intensification (SWI) during rabi 2006-
07. Starting with systematic research trials on farmers’
fields, SWI practice...
by Ravi Chopra | On 27 May 2016 The study directs the attention to the role of Small and Medium Enterprises (SMEs) in overcoming these structural rigidities and ushering-in structural transformation in an economy. To explore the iss...
by Mausumi Das | On 26 May 2016 Now in its 11th edition, The Global Risks Report 2016 draws attention to ways that global risks could evolve and interact in the next decade. The year 2016 marks a forceful departure from past finding...
by [WEF] World Economic Forum | On 11 May 2016 What are the management interventions that can be done to reduce the air pollution in Delhi?
by Prashant Gargava | On 11 May 2016 Accordingly, the agricultural outlook and situation analysis undertaken in this study refers to the main crop based food items: cereals (specifically rice, wheat, jowar, bajra, maize and overall coars...
by Rajesh Chadha | On 09 May 2016 The episode of volatility starting on May 22, 2013, when Federal Reserve Chairman Ben Bernanke first spoke of the possibility of the US central bank “tapering” its security purchases, had a sharp nega...
by Shekhar Shah | On 09 May 2016 The Department of Health and Family Welfare comprises NHM Sector and Health
Sector. The various activities under the Health Sector to name a few include Pradhan
Mantri Swasthya Suraksha Yojana (PMSS...
by N. Lalitha | On 05 May 2016 This paper assesses the fiscal space and cyclicality of total Indian Central Government expenditure and its
major components
by Ashima Goyal | On 02 May 2016 This paper examines what the empirical evidence has to say about the strength of monetary transmission in India, using the structural vector autoregression (SVAR) methods that have been applied broadl...
by | On 02 May 2016 This paper analyzes optimal strategies of an incumbent intermediary, who matches agents on the two
sides of a market, in the presence of entry threat under alternative scenarios.
by Rupayan Pal | On 02 May 2016 The paper argues that context is important in discussions of financial stability. It explores weaknesses in domestic and international reforms and ways of overcoming them, based on mitigating the fund...
by Ashima Goyal | On 02 May 2016 In an infinitely repeated Cournot game with trigger strategy punishment, we demonstrate that the relationship between market concentration and collusion sustainability depends on the strength of netwo...
by | On 02 May 2016 This paper shows that the institutional changes such as Inflation Targeting (IT) helps lower inflation without depending upon the level of Central Bank Independence (CBI) in a country as is suggested...
by | On 02 May 2016 This paper revisits the Dornbusch exchange rate overshooting in a different model setting.
by Taniya Ghosh | On 02 May 2016 Annual Status of Education Report is the largest annual household survey of children in rural India that focuses on the status of schooling and basic learning to find out whether children in rural Ind...
by Annual status of education report ASER | On 27 Apr 2016 This WHO report released on World Malaria Day, 2016 shows that, although an ambitious goal, eliminating malaria from 35 countries by 2030 is achievable. Malaria mortality rates have declined by 60% gl...
by World Health Organisation (WHO) | On 27 Apr 2016 Aggressive monetary policy actions by one country can lead to significant adverse cross-border spillovers on others, especially as countries contend with the zero lower bound. If countries do not inte...
by Prachi Mishra | On 31 Mar 2016 Optimality of pro-cyclical monetary policy in the presence of informal sector and firm level
constraint is analysed. The findings suggest that in case of export demand shock pro-cyclical monetary pol...
by Waqas Ahmed | On 21 Mar 2016 As part of a national experiment, in 2008 Chengdu prefecture implemented ambitious property rights reforms, including complete registration of all land together with measures to ease transferability a...
by Songqing Jin | On 20 Mar 2016 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 The Camp David Accords signed in 1979 by Egyptian President Anwar Sadat and Israeli Prime Minister Menachem Begin are often cited as a watershed event in the modern history of Israeli-Arab relations....
by Svante Cornell | On 14 Mar 2016 Do global spillovers clog transmission channels of monetary policy through domestic financial markets? Drawing on stylised facts and using a dynamic factor model to develop an indicator of global spil...
by Michael Debabrata Patra | On 14 Mar 2016 The global economy is finding it hard to restore pre-Great Recession growth rates – every report of the IMF seemingly downgrades its previous growth forecasts. Why has the recovery been so slow? When
...
by Raghuram G. Rajan | On 14 Mar 2016 There are few areas of robust growth around the world, with the IMF repeatedly reducing its
growth forecasts in recent quarters. This period of slow growth is particularly dangerous
because both ind...
by Raghuram G. Rajan | On 14 Mar 2016 Forward-looking RE models such as the popular New Keynesian (NK) model do not provide a unique prediction about how the model economy behaves. We need some mechanism that ensures determinacy. McCallum...
by Patrick Minford | On 13 Mar 2016 We test the effect of excess money growth on inflation using Threshold Regression technique developed by Hansen (2000). The empirical test is conducted using annual data from India for the period from...
by Saumitra N Bhaduri | On 13 Mar 2016 After conditions of crisis reigning on the Korean Peninsula in the first half of the year, the reopening of the Kaesong Industrial Complex, among other recent developments, heralds renewed hope for be...
by | On 12 Mar 2016 When it comes to measuring inflation persistence, a common practice in empirical research is to estimate univariate autoregressive moving average (ARMA) time series models and measure persistence as t...
by Naveen Srinivasan | On 11 Mar 2016 Biofuels are acquiring importance due to their potential to mitigate greenhouse gas emissions. The two most important biofuels – viz., bioethanol and bio-diesel, are largely considered supplementary t...
by K.S. Kavi Kumar | On 11 Mar 2016 Recreation is an important ecosystem service in coastal and marine ecosystems. The methodology for valuing recreational services is well developed in the literature. To the best of our knowledge, this...
by Pranab Mukhopadhyay | On 10 Mar 2016 Unlike earlier literature that documented positive association between inflation and the dispersion of relative prices over time, the empirical evidence from this study suggests that the relative pric...
by Sartaj Rather | On 10 Mar 2016 The adverse fiscal effects of fuel subsidies in developing countries like India are well documented. More recently, few studies have highlighted the fiscal, welfare and environmental effects of possib...
by Brinda Viswanathan | On 10 Mar 2016 In a new survey we ask respondents, after a standard Subjective Well-Being (SWB) question, if they can think of changes in their lives that would improve their SWB score. If the SWB score is just one...
by Marc Fleurbaey | On 09 Mar 2016 Multiproduct firms dominate production, and their product turnover contributes substantially to aggregate growth. Firms continually adapt their product mix, but what determines which products firms ex...
by Johannes Boehm | On 09 Mar 2016 Due to the pragmatic need for ensuring energy security, governments of the Association of Southeast Asian Nations (ASEAN) have to date emphasised the potential economic and technological benefits of n...
by S. Rajaratnam International Studies | On 06 Mar 2016 The controversy surrounding the Australia¬Malaysia refugee swap agreement that would have seen 800 asylum seekers sent to Malaysia in exchange for 4,000 processed refugees took a decisive turn on 31...
by S. Rajaratnam International Studies | On 02 Mar 2016 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 The dynamics of the monetary system is undergoing significant changes in India. The entire concept and flow of money; narrow, broad or base, is being influenced by measures related to financial inclus...
by Charan Singh | On 27 Feb 2016 The vulnerability of banks to macroeconomic and financial shocks is an area of growing interest to policymakers, especially in emerging markets. Strong adverse aggregate shocks contribute heavily to l...
by Rohit Gupta | On 27 Feb 2016 India’s growth story has largely remained positive on the strength of domestic absorption, and the country has registered a robust and steady pace of economic growth in 2015-16 as it did in 2014-15....
by Arun Jaitley | On 26 Feb 2016 After years of concern about H5N1 bird flu, the new flu causing global alarm is a pig virus of the H1N1 family. As influenza reports erupt around the world, inevitable questions are arising. Is this t...
by Mely Caballero-Anthony | On 25 Feb 2016 Speech of Shri Suresh Prabhakar Prabhu introducing the Railway
Budget for 2016-17.
by Suresh Prabhakar Prabhu | On 25 Feb 2016 This paper describes the methodology, data and key assumptions used for the power sector supply-side module of the India Low Carbon Growth study and presents preliminary results. The module is used to...
by World Bank | On 24 Feb 2016 This paper reviews some of the current debates on the reform of the international monetary system. Despite its deficiencies, the United States (US) dollar will remain the dominant currency and Special...
by Yung Chul Park | On 22 Feb 2016 The rise of regional monetary arrangements poses a challenge for the International Monetary Fund (IMF)'s global surveillance efforts. This paper reviews how the IMF has responded to earlier regional i...
by Barry Eichengreen | On 21 Feb 2016 Financial safety nets in Asia have come a long way since the Asian Financial Crisis (AFC) of 1997–98. Not wanting to rely solely on the International Monetary Fund (IMF) again, the Chiang Mai Initiati...
by Hal Hill | On 21 Feb 2016 This paper discusses Japan’s strategy for Asian monetary integration. It argues that Japan faces three major policy challenges when promoting intraregional exchange rate stability. First, there must b...
by Masahiro Kawai | On 21 Feb 2016 Informal builders provide the bulk of affordable housing and define large areas of our cities. Originally created for those long considered as poor and unable to house themselves, over time the result...
by Dr. Reinhard Goethert | On 19 Feb 2016 Based on a survey of 1,268 firms in 12 Chinese cities, this paper empirically studies the effects of unions on three aspects of workers’ welfare, namely, hourly wages, monthly working hours, and pensi...
by Ninghua Zhong | On 19 Feb 2016 The present study has examined the changes in the employment scenario of Bangladesh following the pursuance of the trade liberalisation strategy and the possible effects of further trade liberalisatio...
by Wasel Shadat | On 19 Feb 2016 China’s first attempt to establish a multilateral financial institution was met with some suspicion and caution in the west. According to one interpretation, China is frustrated with the United States...
by Mike Callaghan | On 19 Feb 2016 This article provides a quantitative analysis of the effects of Pakistan government domestic wheat procurement, sales, and trade policies on wheat supply, demand, prices, and overall inflation. Analys...
by Paul Dorosh | On 18 Feb 2016 This study investigated the effects of different mixing ratios of crop residues and biochar with liquid digestate from anaerobically treated pig manure on CH4, CO2, and N2O emissions over 84 days in a...
by Vu Quynh | On 18 Feb 2016 Many Asian countries are highly susceptible to climate hazards, resulting in food insecurity. The magnitude of the devastation of typhoon Haiyan should serve as a clarion call for regional action to i...
by | On 17 Feb 2016 Rise in the underground economy creates problems for the policy-makers to formulate economic policies, especially the monetary and fiscal policies. It is found that if there was no tax evasion, budget...
by M. Ali Kemal | On 17 Feb 2016 Poor air quality has been shown to harm the health and development of children. Research on these relationships has focused almost exclusively on the effects of human-made pollutants, and has not full...
by Dave Marcotte | On 17 Feb 2016 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 The purpose of this paper is to emphasize the importance of Europe’s structural problems and governance as the cause of the current euro area crisis. The euro may have led to bubbles, but member econo...
by Sahoko Kaji | On 16 Feb 2016 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 A widely agreed proposition in modern economics is that policy rules have greater advantage over discretion in improving economic performance. Simple monetary policy instrument rules are feasible opti...
by Wasim Shahid Malik | On 15 Feb 2016 The Taylor rule (1993) focuses only on two objectives: output and inflation. In practice, the central bank’s loss function (especially in developing countries) contains objectives other than these two...
by Wasim Shahid Malik | On 15 Feb 2016 This paper studies dynamic effects of agriculture trade in the context of domestic and global liberalisation. Being the largest sector of the economy, the agriculture sector contributes substantially...
by Rizwana Siddiqui | On 15 Feb 2016 Like other developing countries, Bangladesh initiated financial sector reform program during 1990’s. The main objectives of the financial sector reform programs were: i) Gradual B 3 | P a g e eliminat...
by Sayera Younus | On 15 Feb 2016 This document is designed to present a brief but comprehensive view of the real and monetary developments during the immediate past quarters and project the expected developments in the immediate futu...
by Bangladesh Bank BB | On 15 Feb 2016 This paper examines whether monetary policy transmits through bank assets or liabilities or both. This is an important policy issue since in order to know the effectiveness of monetary policy it is ne...
by Sayera Younus | On 15 Feb 2016 Identifying core inflation has become a very important issue for the Central Banks of the world for last few years. It has also become a practice to monitor the core inflation along side the headline...
by Md. Shahiduzzaman | On 15 Feb 2016 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 This policy note is an exploratory attempt to verify the popular argument that cost side factors are no less contributory than demand side factors in stimulating inflation in the Bangladesh economy. T...
by Md. Alauddin Majumder | On 15 Feb 2016 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 In this paper two measures of the monetary policy stance are constructed. The stance of monetary policy, regarded as a quantitative measure of whether the policy is too tight, neutral, or too loose re...
by Farooq Pasha | On 14 Feb 2016 This paper analyses monetary policy transparency of the central bank (SBP) using the Eijffinger and Geraats (2006) index. The results show that the SBP scores 4.5 out of 15, which is lower than any of...
by Wasim Shahid Malik | On 14 Feb 2016 Private schooling in India has expanded rapidly in the past decade. However, few studies have looked at its implications for educational quality. Using data from the recently collected India Human Dev...
by Sonalde Desai | On 14 Feb 2016 This paper utilizes a newly collected nationally representative survey data from over 41,550 households to examine social inequality in children’s educational outcomes. The focus is on 8 to11 year old...
by Sonalde Desai | On 13 Feb 2016 Public procurement impacts people’s lives and accounts for a big share government budgets. The large monetary transactions involved make the risk of abuse high and the need for anti-corruption safegua...
by Transparency International TI | On 12 Feb 2016 Bonus continues to be an important component of the pay mix of employees. This practice is followed by most of the organizations to keep employees committed, motivated and dedicated towards their orga...
by | On 10 Feb 2016 The Report on the State of the World’s Plant Genetic Resources for Food and Agriculture provides a comprehensive overview on the status and trends of conservation and use of plant genetic resources at...
by Food and Agricultural Organization [FAO] | On 08 Feb 2016 Using 18 waves of the British Household Panel Study, this paper examines state dependence and stepping stone effects of low pay. A distinguishing feature is that five types of transition- not in the l...
by Lixin Cai | On 07 Feb 2016 We exploit supply-driven heterogeneity in the expansion of cable television across Norwegian municipalities to identify developmental effects of commercial television exposure during childhood. We fin...
by Øystein Hernæs | On 07 Feb 2016 One way to do a reality check on the official numbers will be to develop a desi version of what came to be called the Li index in China.
by T.N. Ninan | On 06 Feb 2016 The study investigates the impact of changes in terms of trade in Pakistan on its income and consumption potentials, by employing two measures of terms of trade, namely, barter terms of trade and inco...
by Nishat Fatima | On 06 Feb 2016 Given the importance of Consumer Price Index (CPI), there has been long debate on its measurement issues. It is the best and most well-known indicator of inflation, which is further used for evaluatin...
by Mahmood Khalid | On 06 Feb 2016 In this study, an investigation of the effects of capital inflows on domestic price level, monetary expansion and exchange rate volatility. To proceed with this, linear and nonlinear cointegration and...
by Abdul Rashid | On 06 Feb 2016 Since the introduction of rational expectations in the literature, most of the research focus in the area of macroeconomics has been investigating micro foundations of macroeconomic theory and transmi...
by Wasim Shahid Malik | On 06 Feb 2016 Monetary policy has changed in a number of ways during the last two decades. Along with the other characteristics, modern monetary policy is forward-looking, and the central banks respond contemporane...
by Muhammad Nasir | On 06 Feb 2016 This study empirically explores the growth effects of rent seeking activity (RSA) for a group of 52 developing/transitional countries, using a dynamic panel data approach. The modelling framework is a...
by Nasir Iqbal | On 03 Feb 2016 This paper analyzes the relative performance of inflation and price-level targeting regimes in an AS-IS-LM framework under alternative policy instruments used by the central bank.
by Haider Ali | On 03 Feb 2016 The present study aims at empirically testing the status of gold as a potential hedge against inflation. The study whirls around analysing the nature of the relationship of expected and actual inflati...
by Nadeem Ul Haque | On 02 Feb 2016 Many authors have described and modelled Keynesian effects in a Babysitting Cooperative (BSC), which has the underlying structure of a single good barter economy. A simple model of the BSC economy is...
by Asad Zaman | On 30 Jan 2016 The Arab Spring was a milestone for contemporary Middle Eastern history. The global phenomenon not only transformed the Arab world from within, but also challenged the regional status of major externa...
by | On 29 Jan 2016 In order to understand the importance of reducing air pollution and its likely trans-boundary effects, it is important to first review the socioeconomic situation of the South Asian member states. Sou...
by Mahmood Khwaja | On 28 Jan 2016 Conventionally, shifting cultivation (also known as Swidden) has been interpreted as inefficient (economically), destructive (ecologically) and an inflexible static form (institutionally) of agricultu...
by Amalendu Jyotishi | On 28 Jan 2016 India’s comparative advantage in health care is due to a large resource pool and competence in English. Indian migration to the US, UK or Australia has been widely studied, but not much attention has...
by Ayona Bhattacharjee | On 27 Jan 2016 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 This paper uses three alternative forecasting techniques, namely, Box-Jenkins’s Autoregressive Integrated Moving Average (ARIMA) model, unrestricted Vector Autoregression (UVAR) model and Hsiao’s Fina...
by Md. Habibur Rahman | On 23 Jan 2016 This policy note reviews the trend in debt composition and sources of debt financing and analyzes debt sustainability of Bangladesh. Along with historical data on level of debt and sources of financin...
by Md. Ezazul Islam | On 23 Jan 2016 This note provides estimates of the contribution of food prices to inflation in Bangladesh. The results suggest that the current inflation takes a bigger toll on the poor because they spend more of th...
by M. Golam Mortaza | On 23 Jan 2016 This note provides estimates of inflation rate of import-concentrated commodities and their contribution to overall inflation in Bangladesh. The results suggest that the Bangladesh economy has been ex...
by M. G. Mortaza | On 23 Jan 2016 The 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 The main purpose of the survey is to collect data on the extent of the mis-reporting of deposit interest rates, as accurate data is essential for effective financial and monetary policy.
by Md. Ezazul Islam | On 23 Jan 2016 It may be time to look at the market forecasts that pundits had made earlier.
by T.N. Ninan | On 23 Jan 2016 Over the years, the Bangladesh Bank (BB) has been using changes in consumer price index (CPI) inflation as the operational guide to measuring price stability in Bangladesh. In recent years, it has how...
by Bangladesh Bank | On 23 Jan 2016 In the backdrop of recent global developments, this note examines some of the characteristics of inflation in Bangladesh including the contribution of major commodity groups to overall inflation in ru...
by Bangladesh Bank | On 23 Jan 2016 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 Following from the Global Economic Crisis of 2008, the paper comprises four substantive sections. The first offers the briefest of descriptions of the economic crisis. It is followed by a discussion o...
by | On 20 Jan 2016 In the limited literature on gender and climate change, two themes predominate – women as vulnerable or virtuous in relation to the environment. Two viewpoints become obvious: women in the South will...
by Seema Arora-Jonsson | On 19 Jan 2016 The paper discusses the progress of Indian economy and its policies since the broadbased structural reforms initiated in 1991 with a special focus on the recent downturn following the global financial...
by | On 11 Jan 2016 This paper presents the empirical results of the volatility transmission of money market overnight
repo rate along the yield curve in Pakistan. The results indicate that the transmission of volatilit...
by Asif Mahmood | On 11 Jan 2016 The paper reports the advantages of data-based planning for solid waste management in a major Indian city, which have been demonstrated through three steps undertaken as part of a pilot project in a C...
by | On 09 Jan 2016 The paper explains the indignities and deeply-held attitudes that stigmatize those who deal with waste, garbage and human excreta in India. It outlines how such attitudes make the goals of the ‘Swachh...
by | On 09 Jan 2016 In the 1970s, the oil-producing and exporting countries of the Middle East delivered a shock to the global economic system that had many unexpected consequences. The then-quadrupling of the price of o...
by Shahid Javed Burki | On 09 Jan 2016 This paper tries to explain the main characteristics of the Indian government and corporate bond markets and what has contributed to the poor development of the latter. It goes on to show that an oppo...
by Chandrani Sarma | On 09 Jan 2016 The study of geography of poverty and peoples’ changing livelihood and their relation with globalization are some of the major areas of geographic research in the present context (Subedi, 2005). So, P...
by Basant Adhikari | On 08 Jan 2016 The authors develop a new set of indexes of exchange rate stability, monetary policy independence, and financial market openness as the metrics for the trilemma hypothesis. In their exploration, they...
by Masahiro Kawai | On 07 Jan 2016 Japan’s “two lost decades” perhaps represent an extreme example of a weak recovery from a financial crisis, and are now referred to as “Japanization.” More recently, widespread stagnation in advanced...
by Masahiro Kawai | On 07 Jan 2016 The Asian financial crisis (1997-1998) and the global financial crisis (2007-2009) highlighted the potential value of financial regionalism, i.e., regional-level cooperation in financial policy. This...
by Masahiro Kawai | On 07 Jan 2016 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 The evidence that antibiotic use in agriculture creates a pool of resistant bacteria in farm animals is not in dispute. The key questions relate to the magnitude of the risk to human health, and the p...
by | On 06 Jan 2016 The paper touches only briefly upon the issue of social insurance because achieving this is a medium-term goal which the Indian welfare state must work towards within current fiscal constraints. It fo...
by | On 06 Jan 2016 The Centre for Policy Research has, during the previous years conducted a number of examinations for assisting various public undertakings in finding suitable candidates to fill in posts both at the c...
by K. Garg | On 05 Jan 2016 This is a perception survey of business owners and operators in four districts of Nepal. The survey provides a snapshot of prevailing state of business environment in Nepal and identifies most critica...
by Bal Khadka | On 02 Jan 2016 The paper examines a crucial component of public sanitation and waste management – the role of local government. It concludes that improvement of public sanitation in India, which is the goal of the B...
by Robin Jeffrey | On 30 Dec 2015 This paper presents a simple model of industrial upgrading as a result of backward and forward information linkages between upstream and downstream relations. It also serves as an empirical investigat...
by Tomohiro Machikita | On 30 Dec 2015 This paper reviews the history of East Asian monetary policy frameworks since 1990; describes current monetary policy frameworks, including issue of price versus financial stability for a central bank...
by Peter Morgan | On 29 Dec 2015 “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 We estimate the response of Asian stock market prices to exogenous monetary policy shocks using a vector error correction model. In our paper, monetary policy transmits to stock market price through t...
by Farzana Sehrin | On 29 Dec 2015 The goal of this paper is to examine the impact of crude oil price movements on two macro variables, the gross domestic product (GDP) growth rate and the consumer price index (CPI) inflation rate, in...
by Naoyuki Yoshino | On 23 Dec 2015 The objective of this study is to explore the inflation-economic growth linkage, if any, in Bangladesh. With this view, various tables and charts, correlation matrices, pair-wise Granger Causality tes...
by Sayera Younus | On 22 Dec 2015 The intention of this study is to analyze lending rate behavior in Bangladesh and also to determine the factors that mostly affect the lending rates. For this purpose, a set of macro and bank specific...
by Shahana Nasrin | On 22 Dec 2015 The paper reports on existing incentive structures in a sample of government and private schools in Delhi and elicits teachers’ perspectives on factors which motivate them. It is found that performanc...
by | On 21 Dec 2015 While the government continues to press for an unconditional surrender of arms and men as a precondition to a dialogue and settlement; the other side is also adamant on its demands including the withd...
by | On 18 Dec 2015 This policy brief recommends that these include commitments to: ending extreme poverty and inequality, with a special focus on gender equity and women’s rights; aligning with environmental and social...
by Oxfam International | On 17 Dec 2015 This paper reconsiders the link between welfare state provision, globalisation and competitiveness empirically. We challenge the conventional wisdom that welfare states, large-scale public provision o...
by Yu-Fu Chen | On 16 Dec 2015 Minimum wage increases are not a very effective mechanism for reducing poverty. They are not related to decreases in poverty rates. They can cost some low-income workers their jobs. And most minimum w...
by Richard Burkhauser | On 16 Dec 2015 Back in 2004, when I ran the Chinadesk at the International Monetary Fund, my team some written questions to Beijing ahead of our meetings with Chinese officials. China’s central bank had claimed that...
by Eswar Prasad | On 16 Dec 2015 The objective of this study is to examine the characteristics of the stock market bubble burst in Bangladesh and policy response for the sample period from 2004:7-2013:2. This paper also discusses the...
by Dr. Sayera Younus | On 15 Dec 2015 Post-7th Pay Commission recommendations, the pay being offered now should not be a disincentive for public-spirited people with ability. Can the government afford this hike?
by T.N. Ninan | On 21 Nov 2015 It is often emphasised that seigniorage financing of public sector deficits is technically a “free
lunch” if the economy has not attained the full employment levels. However, conservative
macroecono...
by Lekha S. Chakraborty | On 16 Nov 2015 While much progress has been made over the last 25 years in measuring global poverty, there are
a number of challenges ahead. The paper discusses three sets of problems: (i) how to allow for
social...
by Martin Ravallion | On 16 Nov 2015 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 paper argues that central banks should play a broader role in helping developing countries meet their key challenges, such as generating productive employment, helping to allocate investment to pr...
by | On 28 Oct 2015 There must be a way of combining sensible policy, based on a certain worldview and an agenda, with a bias for action.
by T.N. Ninan | On 26 Oct 2015 This is an analytical narrative about post-conflict dynamics of poverty in a block of villages in north Bihar known as ‘the Mushahari Project’. It is related with the socio-economic and political cons...
by Anand Kumar | On 20 Oct 2015 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 Using a theoretical framework that
combines the essence of Ramsay’s growth model and the New-Keynesian macrodynamics,
and applying the Kalman filter estimation technique, this paper finds that
Indi...
by Harendra Behera | On 16 Oct 2015 In this concept note authors aim to put forth a broad canvas of the various issues that need to be considered and positions that need to be formulated, in order to argue that it is possible to make Un...
by Dr. Abhay Shukla | On 23 Sep 2015 Although India’s plans for market reforms and opening up agriculture with earnest optimism and anticipation, every step on the way was laced with caution and deliberation and every action was weighed...
by Nilabja Ghosh | On 21 Sep 2015 This study uses P-star model to examine the role of money in explaining inflation in India. In particular, we compare the performance of traditional Phillips curve approach against P-star model in for...
by Sunil Paul | On 14 Sep 2015 This study examines whether skewness of the cross sectional distribution of relative price changes is positively associated with aggregate inflation as predicted by the Menu cost model of Ball and Man...
by Sartaj Rather | On 14 Sep 2015 Ramaswamy Iyer, former union secretary of Water Resources for the government of India, and professor at the Center for Policy Research, and well known advocate of alternatives to big dams, passed awa...
by Aravinda P | On 11 Sep 2015 This paper provides a descriptive summary of India’s experience with school feeding programmes (SFPs), focussing mainly on the period since 1995, the year that saw the launch of a national initiative...
by M S Swaminathan Research Foundation India | On 08 Sep 2015 Sanitation in India has to be improved. Women and children are the most affected due to the low sanitation. A check list is given to parliamentarians on how to improve sanitation in the country.
by Parliamentarian's Group for Children PGC | On 08 Sep 2015 Against the backdrop of the new monetary policy framework, this paper analyses the determinants of inflation in the deregulated financial regime. The paper upfront has been kept free from adherence to...
by Lekha Chakraborty | On 25 Aug 2015 How is the RBI helping the government to create the conditions for a sustainable growth? Structural reforms will help
strengthen this growth – two weeks ago, the Government announced Indradhanush, la...
by Raghuram G. Rajan | On 25 Aug 2015 Enhancing bank competition, among other measures, could adequately strengthen interest rate transmission; but the danger is in overreaching and losing leverage.
by Ramkishen S. Rajan | On 16 Aug 2015 This study focuses on the marketable
domestic public debt of the Government of India (GoI) in terms of size, magnitude, policy and approach followed and also discusses issues and challenges on debt m...
by Lakshmanan L | On 13 Aug 2015 This paper considers the implications of an imperfect monetary transmission mechanism for optimal monetary policy choices in an open economy. The asset market channel is restricted in this paper as so...
by | On 11 Aug 2015 A survey's design determines its findings; understanding the logic behind measurement is key to interpretation.
by T.N. Ninan | On 01 Aug 2015 This paper examines the concept of monetary policy credibility from both the theoretical and practical viewpoints. It also discusses the advantages of high credibility and explains measures that can b...
by Naveen Srinivasan | On 31 Jul 2015 For a sample of 42 high and middle income countries analyzed over a period
of 30 years ranging from 1982 till 2011, this paper shows that while an efficient trilemma policy choice
can help lower inf...
by | On 31 Jul 2015 This document is based on a literature review and which was prepared for the Regional Office of South-East Asia. The Food and Agriculture Organization (FAO) and WHO have encouraged countries to phase...
by World Health Organisation (WHO) | On 20 Jul 2015 Average food inflation in India during the period 2006-2013 was one of the
highest among emerging market economies, and nearly double the inflation
witnessed in India during the previous decade. In...
by Rudrani Bhattacharya | On 20 Jul 2015 The adoption of inflation targeting in India has been a much debated topic which also becomes a challenge for the emerging economy. Though inflation targeting has already been adopted in many emerging...
by Charan Singh | On 17 Jul 2015 Amidst calls for reform of international financial institutions and failure of existing development banks to satisfy the development financing needs of developing countries in general, and BRICS in pa...
by | On 16 Jul 2015 This paper considers the implications of an imperfect monetary transmission mechanism for optimal monetary policy choices in an open economy. The asset market channel is restricted in this paper as so...
by | On 09 Jul 2015 The adoption of inflation targeting in India has been a much debated topic which also becomes a challenge for the emerging economy. Though inflation targeting has already been adopted in many emerging...
by Charan Singh | On 18 Jun 2015 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 This article utilises state-level data for 1961–2012 to examine the interlinkage between informal finance and monetary policy. The analysis suggests that in response to a monetary contraction, borrowi...
by Saibal Ghosh | On 15 Jun 2015 The transmission mechanism of policy-induced changes are is analysed in the discount rate and required reserves in Pakistan. The results suggest that the pass through to the lending rate is complete f...
by Muhammed Omar | On 05 Jun 2015 On the basis of an assessment of the current and evolving macroeconomic situation the statement suggest that the global recovery is still slow and getting increasingly differentiated across regions.
by Raghuram G. Rajan | On 03 Jun 2015 Standing Committee on Labour (2014-15) present this Third Report on `The Factories (Amendment) Bill, 2014’ relating to the Ministry of Labour and Employment. The Factories Act enables labour administr...
by Lok Sabha Secretariat | On 11 May 2015 The April 2015 issue of IMI Konnect contains the following articles - “A Grand Design”, by Rajat Kathuria; “Budget 2015-16 and India's “Vishva Guru”; Dream”, by Vighneswara Swamy; “Micro Vs Macro Impa...
by IMI Konnect | On 08 May 2015 This Report is an update of the Rural Food Insecurity Atlas of 2001 released by the M S Swaminathan Research Foundation (MSSRF) and the World Food Programme (WFP). Since then, numerous new programmes...
by V B Athreya | On 06 May 2015 An ongoing debate on the shape of the Indian aggregate supply curve (AS) raises interesting econometric and policy issues. Systematic steps were taken to improve the estimation. On adding better vari...
by Ashima Goyal | On 02 Apr 2015 Budget 2015, presented by Finance Minister Arun Jaitley, has a first. In it, India has accepted that it has a de-facto carbon tax—on petroleum products and dirty coal. Arguably, the only big green ini...
by Sunita Narain | On 25 Mar 2015 The January 2015 issue of IMI Konnect (Volume 4, Issue 1) contains the following articles - Does Monetary Policy Limit Lending Behaviour of Banks? by Samaresh Bardhan; Entrepreneurship Education in In...
by IMI Konnect | On 24 Mar 2015 Conditions for stability in an open economy dynamic stochastic general equilibrium model adapted to a
dualistic labor market (SOEME) are the same as for a mature economy. But the introduction of
mon...
by Ashima Goyal | On 11 Mar 2015 What does the decision to save groundwater in Punjab or Haryana have to do with air pollution in Delhi? Plenty. We need to know this because many actions have unintended and deadly consequences.
by Sunita Narain | On 26 Feb 2015 Access to water and sanitation are strongly influenced by identities of caste, class and gender. The launch of the Swachh Bharat Abhiyan presents an opportunity to address some concerns pertaining to...
by Kanika Kaul | On 19 Feb 2015 An outcome report of IMF-World Bank meetings held in October 2014, this report highlights the stark inequalities in human development in South Asia. Based on parameters such as monetary indicators, he...
by Martin Rama | On 17 Feb 2015 The easiest way to clear air pollution is to not know how bad it is. This is what India practices—in most parts of the country. There is virtually no equipment to monitor the air we breathe and no sys...
by Sunita Narain | On 22 Jan 2015 The paper estimates the minimum wage's effects on low-skilled workers' employment and income trajectories. The increased binding minimum wage had significant, negative effects on the employment and in...
by Jeffrey Clemens | On 19 Jan 2015 The paper examines the policies of the central as well as state governments with respect to the agricultural market, specifically in rice and wheat markets, analyses their shortcomings and argues for...
by Anandi Subramanian | On 16 Jan 2015 Savarkar was not only a revolutionary, but also one who could reflect on the revolutionary life. The earlier generation of 1857 perhaps lacked the ability or at the very least, the opportunity to refl...
by Nikhil Govind | On 26 Dec 2014 This paper examines the price movements in rice and wheat, following structuralist principles emphasizing the necessity of long term solutions in combination with short and medium term management. How...
by K U Gopakumar | On 17 Dec 2014 The Jan Swasthya Abhiyan, Sama Resource Group for Women and Health, Commonhealth and National Alliance for Maternal Health and Human Rights are shocked at the death of 11 women and the critical condit...
by Nivedita Menon | On 13 Nov 2014 While correlations between maternal education and child health have been observed in diverse parts of
the world, the causal pathways explaining how maternal education improves child health remain far...
by Kriti Vikram | On 30 Oct 2014 This paper estimates the impact of China’s exchange rate changes on exports of competitor
countries in third markets, which is called as the “spillover effect. Recent theory is used to
develop an id...
by Aaditya Mattoo | On 29 Oct 2014 Food inflation in India has remained stubborn in recent years. A number of proximate
factors such as increasing demand particularly arising from higher rural wages, rising
agricultural cost of produ...
by Thangzason Sonna | On 14 Oct 2014 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 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 India is at the beginning of industrial food production focused on efficiency and profits, and not on consumer safety, so it still has a choice to get it right. Why should the country not exercise its...
by Sunita Narain | On 04 Sep 2014 From 2003, the Indian economy enjoyed a boom in growth coupled with moderate inflation for five years. The economy grew at a rate close to 9 percent per year, until it was punctured by the global fina...
by Pankaj Kumar | On 19 Aug 2014 The FRBM Act was reflective of the shared commitment across political parties towards fiscal conservatism. A decade later, the picture, as reflected in the Union Budget, is yet to change for the bette...
by Surajit Mazumdar | On 07 Aug 2014 The paper reviews the calculation of Indian wholesale and consumer price indices and suggests improvements in the light of past experience and international best practices. It confirms that food infla...
by Kirti Gupta | On 22 Jul 2014 The article examines the restructuring of expenditure in the first budget of the new government, and its
feasibility. It compares the increase in budget allocations for key macroeconomic aggregates a...
by Ashima Goyal | On 21 Jul 2014 In 2014-15, the Indian economy is poised to overcome the sub-5 per cent growth of gross domestic product (GDP) witnessed over the last two years. The growth slowdown in the last two years was broad ba...
by Planning Commission | On 10 Jul 2014 The 2014 General Elections has marked its place in election history- one is the margin of victory witnessed which was the largest in the history of Indian democracy. The second factor unique this time...
by IRIS Knowledge Foundation IKF | On 06 Jun 2014 In southern Nepal, rice straw burning in open fields is common practice. This is problematic because biomass burning contributes to smoke, black carbon and greenhouse gases. While some studies have ex...
by Krishna Prasad Pant | On 02 Jun 2014 This paper examines the role of organised labour in India in a structural and historical context. It attempts to trace the economic, political and social effects of the trade union movement and its st...
by Debashish Bhattacharjee | On 23 May 2014 This paper uses long panel survey data spanning over
20 years to examine the dynamics of microcredit
programs in Bangladesh. With the phenomenal growth
of microfinance institutions representing...
by Shahidur R. Khandker | On 26 Apr 2014 This paper reviews the key aspects of general strikes and analyses the economic cost of
such strikes in Nepal. Data analysis shows that average direct cost of general strikes
stood at NRs. 1.8 billi...
by Min Bahadur Shrestha | On 11 Apr 2014 The paper analyzes causes of movements in Indian wages for rural unskilled male laborers, and
assesses their impact on inflation. Theoretical priors derived from an analytical framework based on the
...
by Ashima Goyal | On 10 Apr 2014 Budget speech by 2014-15.
by P Chidambaram | On 17 Feb 2014 This paper propounds a contract-theoretic model where dowry acts as a screening device to
differentiate grooms of varying qualities. In 'arranged' marriage settings that are characterized by
incompl...
by Soumyanetra Munshi | On 31 Jan 2014 Bound together by fraternal ties, the RSS and the various members of the Parivar share all pervasive ideas of ‘female virtue’ and the ideal of ‘Hindu family’ that serves to push aside a more comprehe...
by Namrata Ganneri | On 25 Jan 2014 This paper studies the productivity impact of a contract change. The setting is a tea plantation in
India. The activity in question is tea-plucking, the output from which is measurable and contractib...
by Rajshri Jayaraman | On 24 Jan 2014 The fate and future of Pakistan has been an issue of considerable concern and anxiety not only inside Pakistan but in the world at large and South Asia in particular. The Fund for Peace project on the...
by S.D. Muni | On 22 Jan 2014 High food inflation, which has averaged 10% during FY 2008-09 to December 2012, has been a major concern for policy makers in India. This is all the more important as an average household in India sti...
by Ashok Gulati | On 21 Oct 2013 Statement by Dr. Raghuram Rajan on taking office on September 4, 2013. [RBI Press release].
by Sabeeta Badkar | On 05 Sep 2013 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 This Tenth Nani A. Palkhivala Memorial lecture lecture centres around the role and responsibility of a central bank in a democratic structure. Central banks make macroeconomic policy that influences t...
by Duvvuri Subbarao | On 30 Aug 2013 The Ministry of Housing and Urban Poverty Alleviation has proposed to launch a “National Urban Livelihoods Mission (NULM)” in 12th Five Year Plan.
by Anonymous | On 27 May 2013 Motivated by the concern that the recent surge in inflation could retard growth, the paper revisits the nexus between inflation and growth from the perspective of an emerging economy, India. Examining...
by Saumitra N Bhaduri | On 23 May 2013 Inflation in general and food price inflation in particular has been a persistent problem in
India over the past few years. Price stability is crucial for sustainable growth as persistent
inflation...
by Pradeep Agrawal | On 16 Apr 2013 The case of Bhubaneswar vending zone perfectly qualifies the theme of making market
work for the poor. This is a pioneering lead taken to develop an exclusive market for the vendors
which presents a...
by Randhir Kumar | On 01 Mar 2013 Budget Speech by Chidambaram.
by P Chidambaram | On 28 Feb 2013 Is the Finance Minister going to do a salvage operation? [BS week end ruminations].
by T.N. Ninan | On 27 Feb 2013 The present study is an attempt to analyse the
labour market of unorganized saleswomen (working in the registered as well as unregistered shops) in
Ernakulam District, Kerala.
by Martin Patrick | On 25 Feb 2013 Son preference is widespread in a number of developing countries. Anecdotal evidence
suggests that women may contribute to the persistence of this phenomenon because they
derive substantial long-run...
by Laura Zimmermann | On 19 Nov 2012 Home-based work has a much wider scope of activity than the singular task of an individual working from
his/her home. This essential service is tied in with a larger chain of forward and backward lin...
by Indira Gartenberg | On 16 Oct 2012 During the current year so far, inflation at the retail level in oils and fats has been higher than at the wholesale level. While this phenomenon can be attributed to a number of factors, improvement...
by Harun R Khan | On 27 Sep 2012 This paper focuses on the assessment of energy savings potential in seven highly energy consuming industries. The paper estimates the energy savings potential for each of these industries using unit l...
by Manish Gupta | On 17 Sep 2012 A primary census-type panel household survey is show that in 18 villages in rural China, child health status has barely improved in the past decades despite more than double digit of annual per capita...
by Xi Chen | On 07 Sep 2012 This paper examines the impact of fertilizer agrichemicals in water on infant and child health
using data on water quality combined with data on the health outcomes of infants and children from the
...
by Elizabeth Brainerd | On 31 Aug 2012 The Editors examine the lack of correlation between the size of a city and its air quality, noting that the strength of environmental laws and the accountability of the country's government have a gre...
by PLoS Medicine Editors | On 30 Aug 2012 Estimates suggest that Indian aggregate supply is elastic but subject to upward shocks. If supply shocks
make a high persistent contribution to inflation, it implies second round pass through is occu...
by Ashima Goyal | On 16 Aug 2012 India is having large population, a fast growing economy with
national focus on inclusive growth and an urgent need to develop a vibrant and
stable financial system, it is all the more necessary to...
by Pranab Mukherjee | On 20 Jul 2012 A randomized evaluation of a school library program on children’s language skills is conducted. The program had little impact on students’ scores on a language test administered 16 months after implem...
by Evan Borkum | On 09 Jul 2012 This study estimates degree of intrinsic inflation persistence in Pakistan using aggregate price index, group level price indices, and individual commodity prices. Monthly data from 1959 to 2011 is us...
by Muhammad Nadim Hanif | On 09 Jul 2012 Biometric procedures are already accepted by millions of people every day on a variety of (social) internet platforms. Biometric identification procedures and their potential applications in everyday...
by Thomas F Dapp | On 05 Jul 2012 A comprehense documentation - using
both annual and quarterly data - an exhaustive set of stylized facts for the
Indian business cycle in the pre and post reform period, the data is used to
report...
by Chetan Ghate | On 19 Jun 2012 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 The aim of this paper
is to examine the driving forces behind China’s military modernization efforts
followed by an assessment of the goals and foci of China’s military modernization
at present and...
by Jiao Liang | On 08 May 2012 This study analyses India’s inflation using the Phillips curve theory. To estimate an open-economy Phillips curve, we need three variables: (1) inflation (2) the output gap and (3) the real effective...
by Karan Singh | On 26 Apr 2012 Learning profiles that track changes in student skills per year of schooling often find shockingly
low learning gains. Using data from three recent studies in South Asia and Africa, it is shown that
...
by Lant Pritchett | On 23 Apr 2012 Th is study, which is supported by the ministries of fi nance and
the central banks of the BRICS, focuses on synergies and complementarities
between the economies, highlighting their role as growth
...
by Ministry of Finance | On 18 Apr 2012 Time series data are compiled and analysed in accordance with Gregorian calendar, given its world-wise use. This paper presents a simple method of constructing time series in accordance with Hijri Cal...
by Riaz Riazuddin | On 13 Apr 2012 The Financial Crisis of 2007-2008 and the Great Recession of 2007-2009 are now in the past. Again there was the debt crisis of 2010-11. During the worst of the recent financial crisis/Great Recession...
by Michael D Bordo | On 13 Apr 2012 The main objective of this paper is to explore the potential role of social pensions and other noncontributory schemes in Asia, informed by insights from theory and international experience. The paper...
by Armando Barrientos | On 13 Apr 2012 Using data of non-financial listed firms over a period of 1999-2010, this paper investigates the effectiveness of balance sheet channel in monetary transmission mechanism in Pakistan. By classifying f...
by Safia Shabbir | On 09 Apr 2012 The single row facility layout is the NP-Hard problem of arranging facilities with given lengths on a line, so as to minimize the weighted sum of the distances between all pairs of facilities. Owing t...
by Uma Kothari | On 09 Apr 2012 Jetz and Fine that we are in the midst of the sixth
mass extinction event on this planet and
the cause is us. By achieving greater
understanding of the underlying causes
and correlates of current-...
by Jonathan Chase | On 29 Mar 2012 Statistics is used in our day to day life. Examples are there to show that statistics is misused in many. This can happen when people are information illiterate. [Address at DST-CIMS, BHU on Mar 20, 2...
by Chakrabarty K C | On 27 Mar 2012 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 Budget for the year 2012-13. [Government of Maharashtra]. URL:[http://maharashtra.gov.in/pdf/english_speech_part_I.pdf].
by Maharashtra Government | On 27 Mar 2012 Budget presented to Municipal Commissioner. . [BMC Annual Reports]. URL:[http://www.mcgm.gov.in/irj/go/km/docs/documents/MCGM%20Department%20List/Chief%20Accountant%20(Finance)/Budget/Complete%20Engli...
by Municipal Commissioner BMC | On 22 Mar 2012 What the Budget of India, 2012-13 has got for children? [HAQCRC]. URL:[http://www.haqcrc.org/sites/default/files/BfC%202012-13_0.pdf].
by HAQ Centre for Child Rights HAQCRC | On 19 Mar 2012 This paper analyses the impact of transmission of international oil prices and domestic oil price pass-through policy on major macroeconomic variables in India with the help of a macroeconomic policy...
by N R Bhanumurthy | On 16 Mar 2012 BUDGET SPEECH 2011-2012 by
DR. ABDUL HAFEEZ SHAIKH, Minister for Finance, Revenue, Economic Affairs, Statistics and
Planning & Development.
by Minister of Finance Pakistan | On 12 Mar 2012 Time is an important economic resource that can be spent in a variety of
ways. Diverse demands on a person’s time may reach a point where the
individual may be categorized as time poor. Time poverty...
by Najam us Saqib | On 09 Mar 2012 Five years age, International Rivers started monitoring the Kyoto Protocol’s Clean
Development Mechanism (CDM), concerned that funds marked for climate change mitigation would be
used to encourage c...
by Barbara Haya | On 01 Mar 2012 The talk elaborates on the use of low cost technology in health care at MIT, USA. Organised by the Association for India's Development, MIT and Boston Chapters.
by Yogesh Jain | On 26 Feb 2012 The increasing occurrence of national, regional, and global financial crises, together with their rising costs and complexity, have increased calls for greater regional and global monetary cooperation...
by Mario Lamberte | On 21 Feb 2012 Standard errors (S.Es.) of month on month and year on year inflation in Pakistan are estimated
based on data for the period of July 2001 to June 2010 using stochastic approach as well as
extended s...
by Javed Iqbal | On 15 Feb 2012 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 The sovereign debt problems in the peripheral economies of the euro zone has started to pose a serious threat to the main economies of the Europe and perhaps to the future of the 'euro‘ itself. Such a...
by M R Anand | On 06 Feb 2012 Stability results for an open economy DSGE adapted to an emerging market (SOEME) with a dualistic
structure have the same structure as in the original model, but those derived for the simulated versi...
by Ashima Goyal | On 02 Feb 2012 A large number of studies in Nepal have been conducted to identify the factors responsible for
inflation based on the different theories of inflation. Although these studies provide insight
into the...
by Nepal Rastra Bank Research Department NRB | On 02 Feb 2012 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 This policy review is set in the
context of a highly uncertain global
environment and a delicately poised
domestic balance between growth
and inflation. It should be read and
understood together...
by Duvvuri Subbarao | On 25 Jan 2012 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 This paper explores the relationship between inflation and relative price variability (RPV) by using disaggregated CPI data for Pakistan. Three methods have been used to assess the functional form and...
by Muhammad Akmal | On 25 Jan 2012 While studying the economic growth of the two rising giants of Asia (India and China) it is seen that India is far behind China in many aspects. URL:[http://www.business-standard.com/india/news/t-n-ni...
by T.N. Ninan | On 23 Jan 2012 This paper assesses the sources of risk for Indian banks in the context of their history, structure, level of development, and policy environment and draws out implications for global and domestic pol...
by Ashima Goyal | On 18 Jan 2012 The current global financial crisis has reopened an old debate on the international monetary system by baring weaknesses and flaws that have long been known. The debate is centred on both stability an...
by Alok Sheel | On 10 Jan 2012 Many Sri Lankan companies, particularly in the food processing sector, do
not have adequate management systems in place to control and dispose
solid waste. In order to address this challenge, a new...
by South Asian Network for Development SANDEE | On 09 Jan 2012 This paper studies the leadlag
pattern in the interaction between credit and growth cycles of India at three
levels i.e. at the aggregate level for annual GDP growth, at the sectoral level
across a...
by Krittika Banerjee | On 06 Jan 2012 The analysis seeks to look at inflation as a political economic phenomenon, based on a framework devised by Jonathan Nitzan and christened differential accumulation. The theory of differential accumul...
by Syed Ozair Ali | On 05 Jan 2012 This note lists the legislative business planned by Parliament and compares it with the actual
performance during the Winter Session. [PRS Note]. URL:[http://www.prsindia.org/administrator/uploads/ge...
by Kusum Malik | On 30 Dec 2011 The Indira Gandhi Institute of Development Research (IGIDR), Mumbai and the International Food Policy Research Institute (IFPRI), New Delhi organized a workshop ‘Strengthening the Role of Agriculture...
by Srijit Mishra | On 27 Dec 2011 Delivering the third Business Standard lecture on Thursday night, Raghuram Rajan provided an interesting insight into the reason for high inflation in India. The professor of finance at Chicago, who i...
by T.N. Ninan | On 23 Dec 2011 One of the methods of measuring the effectiveness of monetary policies is via inspection of
monetary neutrality in the economy. It is a concept from classical economics and it suggests that
changes...
by Mukesh Khanal | On 16 Dec 2011 Scientific authors who pay to publish
their articles in an open-access publication
should be congratulated for doing so. They
also should be aware that they may not be
getting full open access fro...
by Michael W Carroll | On 13 Dec 2011 Inflation data for the past few years (August 2007 to October 2011 of Nepal and August 2007 to
July 2011 of India for the analysis of monthly annual variation) have been taken into consideration for...
by Nepal Rastra Bank Research Department NRB | On 12 Dec 2011 How does informality in emerging economies affect the conduct of monetary and
fiscal policy? To answer this question two-sector, formal-informal new
Keynesian closed-economy is constructed. The inf...
by Nicoletta Batini | On 02 Dec 2011 A closed model DSGE model of the Indian economy is developed and it is estimated
by Bayesian Maximum Likelihood methods using Dynare. A model is build up in stages to
with a number of features impo...
by Vasco Gabriel | On 28 Nov 2011 The trends in food
inflation over the past 60 years are given. Having thus set the context, the factors
driving structural food inflation, which should give us a perspective of the
underlying dynam...
by Duvvuri Subbarao | On 24 Nov 2011 With deep crisis weakening potential output growth, the need for an
explicit growth policy is emerging most starkly in Japan, the EU and
the US. If properly shaped, this will help to consolidate bud...
by Klaus Deutsch | On 21 Nov 2011 The study tries to better understand three fields which seems
to be essential with respect to the problem of a facilitated
access to medicines :
1. the ambiguous position of intellectual property...
by Bastein Briand | On 17 Nov 2011 The Impossible Trinity doctrine still holds a powerful sway over policymakers, advisors
(particularly the International Monetary Fund [IMF]) and academia. In East Asia over the past
decade, however,...
by Stephen Grenville | On 15 Nov 2011 As markets deepen and interest elasticities increase it is optimal for emerging markets to shift towards
an interest rate instrument since continuing monetization of the economy implies money demand...
by Ashima Goyal | On 04 Nov 2011 Goa is celebrating the Golden Jubilee Year of its Liberation. The recent economic achievements of the state are highlighted. The economic and financial structure of the state as well as the various fi...
by Deepak Mohanty | On 04 Nov 2011 In support of the financial-accelerator theory, evidence is found on countercyclical price-cost
banking margins possibly explaining the amplifications of business cycles in Pakistan. [WP 41]. URL:[ht...
by Shah Hussein | On 03 Nov 2011 The mainstay of the public transport system in Kerala is the private
stage carriages (PSC), the economics of operation of which is the subject
of this paper. The long run sustainability of the secto...
by Narayana D | On 28 Oct 2011 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 This study analyses the behaviour of monetary and fiscal policies
interaction in India using quarterly data for 2000Q2 to 2010Q1. It finds that,
even after the elimination of automatic monetisation...
by Janak Raj | On 11 Oct 2011 Inflation management is one of the hardest tasks an economic policymaker has to undertake. It appears, at first sight, that one can rely entirely on commonsense to carry out this task. But that will b...
by Kaushik Basu | On 28 Sep 2011 Over the last decade, the profile of central banks has gone up. First, we had the Great Moderation - a period of extraordinary benign macroeconomic environment globally, characterized by steady growth...
by Duvvuri Subbarao | On 27 Sep 2011 An SIIO paradigm, based on structure and ideas that become engraved in institutions and affect
outcomes, is developed to examine and assesses monetary policy in India after independence. Narrative
h...
by Ashima Goyal | On 16 Sep 2011 This paper maps out a strategy for banking sector reforms over the next decade. It is formulated by the State Bank of Pakistan (SBP) and is centered on reforms involving the SBP. But the Banking Secto...
by State Bank of Pakistan SBP | On 15 Sep 2011 With a view to increasing the coverage of banking services amongst local communities, it was proposed in the Annual Policy Statement for the year 2010-11 to set up a Committee comprising of all stakeh...
by Reserve Bank of India RBI | On 15 Sep 2011 This paper investigates the effects of plants' dynamics on productivity growth in the Indian pharmaceutical industry across five regions: north, north-west, west, south and the rest of India, during t...
by Atsuko Kamiike | On 06 Sep 2011 This paper assesses the global economic implications of the proposed strict documentation requirements on traded shipments of potentially genetically modified (GM) commodities under the Cartagena Prot...
by Antoine Bouët | On 31 Aug 2011 Stock futures offer leveraged positions and are expected to attract informed traders. Many
researchers have found that the information share of the stock futures is surprisingly small; the equity
sp...
by Jeffrey Vincent | On 24 Aug 2011 The 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 The ever-growing number of preferential trade agreements (PTAs) is a prominent feature of international trade. The World Trade Report 2011 describes the historical development of PTAs and the current...
by World Trade Organisation WTO | On 22 Jul 2011 There is a burgeoning academic literature on happiness polls that has used a range of different
measures and approaches across countries rich and poor alike to answer the question, “what makes
peopl...
by Charles Kenny | On 21 Jul 2011 The general perception that dentistry is expensive keeps many people away from
seeking treatment from registered professionals and make them hostage to the
services of non-registered lay practitione...
by Syed Masud Ahmed | On 20 Jul 2011 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 This paper estimates the short-run aggregate supply curve for the Indian economy over the period 1950-51 to 2008-09. Methodological improvements in this paper include the technique of estimating adapt...
by Ravindra H Dholakia | On 14 Jul 2011 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 The Fisher's equation has become a foundation stone of
modern macroeconomic, monetary and financial theories. Here it is shown that despite the estabilished status of Fisher's equation, it stands on...
by Rajas Parchure | On 04 Jul 2011 Managing capital flows is the key policy challenge for emerging economies like India in the aftermath of the crisis. In contrast to other emerging markets who are levying capital controls, India‘s mac...
by R. Kohli | On 04 Jul 2011 The objective of this study is to estimate potential output vis-à-vis output gap for Pakistan’s economy. This paper reviews six commonly used techniques to estimate potential output and from that the...
by S. Adnan H. A. S. Bukhari | On 09 Jun 2011 Impact of changes in policy rate of interest on demand for bank credit is examined for seven emerging market economies including India for the period 2002 to 2010. Panel data techniques are used after...
by B L Pandit | On 24 May 2011 The limited supply of government securities in some industrial countries has important ramifications for the operating techniques used by central banks to implement monetary policy, provide credit to...
by Mark Zelmer | On 16 May 2011 Despite the long history of accommodation and tolerance of diversity and multiculturalism that
constituted a previous generation of Bengali culture and nationalism, it is evident that in
Banglades...
by South Asians for Human Rights | On 13 May 2011 In this paper the authors first develop a two-bloc model of an emerging open economy interacting with
the rest of the world calibrated using Indian and US data. The model features a
fina...
by Nicoletta Batini | On 11 May 2011 In a week when the Reserve Bank of India (RBI) has said that combating inflation is now its primary focus, it is important to ask: is RBI fighting yesterday’s war, instead of peering into the future t...
by T.N. Ninan | On 08 May 2011 All across the board growth forecasts for this year are being revised downwards. What has changed in the last few months?
http://www.indicus.net
by Sumita Kale | On 08 May 2011 What is the best inflation measure in India? What inflation measure is most relevant for monetary policy making in India? Questions
of timeliness, weights in the price index, accuracy of food price m...
by Ila Patnaik | On 06 May 2011 This Statement sets out the Reserve Bank’s assessment of the current macroeconomic situation and projections. URL:[http://rbidocs.rbi.org.in/rdocs/notification/PDFs/APS030511F.pdf].
by Duvvuri Subbarao | On 03 May 2011 The paper is an attempt to deal with pros and cons of deregulating savings deposit interest rate and take on board the suggestions of various stakeholders for either maintaining the status quo or dere...
by Reserve Bank of India RBI | On 02 May 2011 Budget speech of Finance Minister.
by Government of Tripura | On 27 Apr 2011 GDP growth likely to average 8.2 per cent over 11th Plan: short of the 9% target, but remarkable given the global crisis and drought. Basic objective : Faster, More Inclusive, and Sustainable Growth
...
by Planning Commission | On 25 Apr 2011 In 2010 and 2011, there has been a fresh wave of interest in cap-
ital controls. India is one of the few large countries with a complex
system of capital controls, and hence others an opportunity to...
by Ila Patnaik | On 21 Apr 2011 Budget Speech of the Finance Minister. URL: [http://admis.hp.nic.in/budget/Aspx/Anonymous/pdf/FS_Eng_2011.pdf]
by Himachal Pradesh Government of India | On 20 Apr 2011 There have been significant developments in the global economy since we met in the fall of 2010. The IMF too has moved on several fronts under its mandate which has strengthened its position in a chan...
by Duvvuri Subbarao | On 20 Apr 2011 Budget 2011-12 presented by the Finance Minister.
by Government of Meghalaya Govt | On 28 Mar 2011 This
paper aims to review the main considerations around food price
movements. It includes a discussion on the impact of speculation. URL:[https://www.dbresearch.com/PROD/DBR_INTERNET_EN-PROD/PROD00...
by Claire Schaffnit Chatterjee | On 16 Mar 2011 Policy coherence implies that donors in pursuing domestic policy objectives should avoid adversely affecting the development prospects of poor countries. To achieve policy coherence donors and multila...
by Amelia U. Santos Paulino | On 14 Mar 2011 The
budgetary policy of the Government has a major
role to play in achieving objectives of gender
equality and growth through content and
direction of Fiscal and Monetary Policies,
measures for r...
by Government of India Ministry of Women and Child Development | On 08 Mar 2011 Japan experienced sharp appreciations of the yen twice after World War II,
the first followed by hyperinflation and the second by the “economic bubble”
in the late 1980s. The country then underwent...
by Toshiki Kanamori | On 07 Mar 2011 Budget speech 2011-2012 by Pranab Mukherjee.
by Pranab Mukherjee | On 01 Mar 2011 State of the Economy and prospects. URL:[http://www.indiabudget.nic.in/es2010-11/echap-01.pdf].
by Ministry of Finance | On 28 Feb 2011 The Economic Advisory Council in its review of the economy has predicted a continued high growth but has suggested steps to sustain this growth, chief among them:Containing inflation by focusing both...
by C. Rangarajan | On 21 Feb 2011 This study attempts to develop a dynamic factor model (DFM) to
forecast industrial production and price level in India. For this purpose, domestic as well as
external economic indicators, that appea...
by Sanjib Bordoloi | On 21 Feb 2011 Nine preliminary lessons from the Great Recession for monetary and financial policies are presented. [3rd P. R. Brahmananda Memorial Lecture].
by Stanley Fischer | On 18 Feb 2011 This paper is an attempt to gauge the relationship between the long run paths of consumer
price index and wholesale price index of Pakistan. For the empirical analysis the Johansen cointegration
tec...
by Nasir Hamid Rao | On 07 Feb 2011 The simultaneous occurrence of high food inflation and large foodgrain stocks in our granaries
has been a matter of widespread concern in India. The aim of this paper is to understand the
fundamenta...
by Kaushik Basu | On 03 Feb 2011 Since a crisis is a shock impinging on a system, the response can be used to deduce aspects of the
system’s structure. Analysis of the crisis and recovery suggests aggregate supply in India is elasti...
by Ashima Goyal | On 01 Feb 2011 This statement sets out the Reserve Bank’s assessment of the current
macroeconomic situation and forward projections.
by D Subbarao | On 31 Jan 2011 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 The paper analyzes the changing INR trends over the reform period, in the context of fundamental
determinants of exchange rates. [WP-2010-024].
by Ashima Goyal | On 13 Jan 2011 The paper examines various aspects of development of minority in Vietnam.
by Bob Baulch | On 07 Jan 2011 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 Economic stability can be seen as an essential component of any strategy for inclusive development. To the extent that central banks play a role in providing that stability, the experience of the cris...
by Subir Gokarn | On 21 Dec 2010 Health evidence confirms that the
burden of disease associated with inadequate
Hygience, Sanitation, Water (HSW) is overwhelmingly (although
not exclusively) carried by the poor and
disadvantaged...
by Jamie Bartram | On 16 Dec 2010 Monetary policy frameworks in the Asia and Pacific region have performed well in the past decade as judged by inflation outcomes. We argue that this is due to three principal factors: (i) central bank...
by Andrew Filardo | On 08 Nov 2010 This paper sets up a canonical new Keynesian small open economy model with nominal price rigidities to explore the impact of habit persistence and exchange rate pass-through on the welfare ranking of...
by Yongseung Jung | On 01 Nov 2010 This paper empirically explores the present relationship between inflation and economic growth in the context of Bangladesh. Using annual data set on real GDP and CPI for the period of 1980 to 2005, a...
by Shamim Ahmed | On 14 Oct 2010 The paper improves upon the original Sargent-Wallace (SW) version which had to resort to numerical simulations to prove this point It is also shown that incorporating the Mundeil-Tobin and Darby-Tanzi...
by M J Manohar Rao | On 13 Oct 2010 The paper examines the recent European crisis management programs of the International Monetary Fund (IMF) to see how the lessons of Asia were applied. Compared to the Asian programs of 1997, the Euro...
by Shinji Takagi | On 11 Oct 2010 The global economic and financial landscape has been transformed over the past decade by the growing economic size and financial power of emerging economies. The new G20 summit process, which includes...
by Masahiro Kawai | On 05 Oct 2010 This paper speaks to companies seeking practical ways to alleviate global poverty. The
private sector has several inherent competitive advantages to bring to bear in this effort
through which they c...
by Staci Warden | On 15 Sep 2010 In India, there is a large divergence between CPI and WPI inflation trends in
the past, wide dispersion in inflation across commodity groups within WPI,
and significant volatility in headline WPI in...
by Nadhanael G V | On 08 Sep 2010 In this paper we demonstrate that the positive effects of comparative advertising are
significantly diluted when a compared-to brand retaliates. Retaliation introduces
sequencing in advertisements....
by Patrali Chakrabarty | On 24 Aug 2010 High rewards or the threat of severe punishment do not only provide incentives to exert high
levels of effort but also create pressure. Such pressure can cause paradoxical performance
effects, namel...
by Thomas J. Dohmen | On 06 Aug 2010 The infeasibility of a monetary union for East Asia in the near future, as
well as the limitations of other forms of super fixes, appears to leave a flexible
regime as the only viable policy option....
by Tony Cavoli | On 30 Jul 2010 The depth and breadth of the East Asian financial crisis has
added a sense of acute urgency for some concrete and credible
measures by policy-makers to revitalise the Japanese economy.
While steps...
by Ramkishen Rajan | On 23 Jul 2010 Two features of East Asia’s recovery from the financial turmoil of 1997-
98 appear to be rather paradoxical. First, the regional economies (except
Hong Kong, China and Malaysia) have allowed a relat...
by Ramkishen S. Rajan | On 20 Jul 2010 This study estimates the morbidity costs of reduction in air pollution in Dhaka, the capital of
Bangladesh, using the Cost-of-Illness (COI) approach. COI is defined as the sum of lost earnings
due t...
by Tanzir Chowdhury | On 19 Jul 2010 The paper provides information about the Fiscal Responsibility and Budget Management Bill and also discuses some issues related to this bill.
by Shruti Rajagopalan | On 06 Jul 2010 This paper considers the distribution of HIV testing in Botswana in 2002 and 2004. Botswana
is a country with a high prevalence of HIV in the general population and HIV testing is
considered to be a...
by Divya Rajaraman | On 25 Jun 2010 Prior to the Asian financial crisis, most Asian exchange rates were de facto pegged
to the US Dollar. In the crisis, many economies experienced a brief period of extreme flexibility. A `fear of float...
by Ila Patnaik | On 18 Jun 2010 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 How does the Reserve Bank of India implement monetary policy? The objectives and framework of monetary policy, as they have evolved, the operational aspects of monetary policy have been discussed. Th...
by Deepak Mohanty | On 08 Apr 2010 Capital account openness and exchange rate flexibility in 11 Asian countries are examined. Asia has made slow progress on de jure capital account openness,
but has made much more progress on de facto...
by Ila Patnaik | On 04 Feb 2010 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 The Reserve Bank has pursued an accommodative monetary policy beginning mid-September 2008 in order to mitigate the adverse impact of the global financial crisis on the Indian economy. The measures ta...
by D Subbarao | On 29 Jan 2010 A review of the various primary measures of inflation with a particular reference to the divergence between WPI and CPI. Focus is also given on different secondary (derived) measures of inflation, par...
by Deepak Mohanty | On 21 Jan 2010 China and India have both attempted distorting the exchange rate in order to foster exports-led growth. This is described as the Bretton Woods II framework, where developing countries buy bonds in the...
by Ila Patnaik | On 30 Nov 2009 This brief summarizes a study evaluating the potential economic effects of introducing genetically modified (GM) food crops in India, Bangladesh, Indonesia, and the Philippines in the presence of trad...
by Guillaume Gruère | On 11 Nov 2009 From the perspective of Emerging Market Economies (EMEs) and particularly for that of India, five concerns are expressed. These are: first, timing of exit from the accommodative monetary policy in the...
by D Subbarao | On 15 Oct 2009 Rising food prices cause considerable policy dilemmas for developing country
governments. Letting domestic prices adjust to reflect the full change in international prices generates inflationary pres...
by Nora Lustig | On 09 Oct 2009 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 This paper argues that with the recent economic reforms, an efficient and active debt market, particularly in long-term private debt instruments, is essential for the
country to realize the full bene...
by Pronab Sen | On 13 Aug 2009 The swine flu has come to India also. What measures have been taken by the government to fight against the pandemic?
by Rajeev Mavani | On 12 Aug 2009 This study examines household behaviour related to fuelwood collection and use. The focus is on
identifying the behavioral transition of fuelwood-using households from collection to purchase.
The st...
by ARABINDA MISHRA | On 29 Jul 2009 The multi-dimensional role of RBI and how it reponded to the financial crisis is depicted in the presentation. [Presentation made at the 56th EXCOM Meeting and FinPower CEO Forum organised by APRACA a...
by Usha Thorat | On 15 Jul 2009 The method used to measure Human Development are reviewed in order to measure Human Development Index for rural AP by considering indicators such as economic attainment, longevity and education. The e...
by Jatinder S Bedi | On 07 Jul 2009 Key features of budget presented by the Finance Minister
by Pranab Mukherjee | On 06 Jul 2009 Establishing a debt management office would consolidate all debt management functions in a single agency, and be the catalyst for wider institutional reform and transparency about public debt. It is i...
by Ministry of Finance | On 04 Jul 2009 The paper attempts to analyse the emerging contours of regulation of financial institutions with an emphasis on the emerging challenges and dynamics. [Paper prepared for Financial Stability Review of...
by Rakesh Mohan | On 29 Jun 2009 This note analyses the major characteristics of the current inflationary episode in the economy along with its probable impact on different population groups in Bangladesh. The note also draws some po...
by Mustafa. K. Mujeri | On 27 Jun 2009 The paper analyzes the effects of changes in consumption factor on the calculation of inflation calculation in Bangladesh. This is important as there might exist some volatile and non-trend components...
by Md. Habibour Rahman | On 27 Jun 2009 The paper estimates the P* model for Bangladesh economy and test its forecasting ability through generating recursive forecasts. The empirical result shows that the model performs relatively well and...
by Mustafa. K. Mujeri | On 27 Jun 2009 This paper investigates the relative importance of monetary and fiscal policies in altering real output of Bangladesh. An unrestricted vector auto regression (VAR) framework based on the St. Louis equ...
by Md. Habibur Rahman | On 27 Jun 2009 The study examines the impact of changes in monetary policy in Bangladesh. Specifically, the study examines the impact of domestic and foreign monetary shocks on Bangladesh’s major economic aggregate...
by Sayera Younus | On 22 Jun 2009 The study uses co-integration and vector auto-regression (VAR) techniques to identify the determinants of income velocity of money (VM) in Bangladesh, covering both narrow and broad money. The study o...
by Md. Akhtaruzzaman | On 15 Jun 2009 Although economic growth has improved in recent years in Bangladesh, the better economic performance has not translated into satisfactory poverty reduction. The type of growth that matters Bangladesh...
by Mustafa. K. Mujeri | On 15 Jun 2009 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 This report is intended as a wake-up call to anyone who thinks the developing world debt crisis has been resolved. In fact, it assesses fears of a new debt crisis, more serious than before, spreading...
by Sarah Edwards | On 11 Jun 2009 The article provides information pertaining to the recent outbreak of "swine flu", which has spread beyond Mexico and the US. The present study shows that the outbreak has lot to do with industrial fa...
by Shambhu Ghatak | On 09 Jun 2009 During the global financial turmoil of 2007 and 2008, no major derivative clearing house in the world encountered distress while many banks were pushed to the brink and beyond. An important reason for...
by Jayanth R Varma | On 26 May 2009 The paper examines the impact of recent inflation and financial shocks on the vulnerable, and explores policy design to reduce both future shocks and vulnerability to shocks. Inflation affects the typ...
by Ashima Goyal | On 22 May 2009 This paper investigates the determination of inflation in the framework of an open economy forward-looking as well as conventional backward-looking Phillips curve for eight Asian countries- Japan, Ho...
by Pami Dua | On 22 May 2009 This paper reports the European experience with a basket currency, the ECU. The ECU was initially introduced as a reference unit and later became the anchor of the European Monetary System. Public pol...
by Girardin Eric | On 22 May 2009 Dr. Bimal Jalan, Governor gave a welcome remark to Prof. Charles Goodhart on his 11th C. D. Deshmukh Memorial Lecture on 'Whither Central Banking ?' This paper revolves around Dr. Jalan's summary and...
by Dr Bimal Jalan | On 21 May 2009 Macroeconomic modelling is generally motivated by two objectives: forecasting and more significantly, policy analysis. In pursuit of both these objectives,
every model must ideally satisfy four crite...
by V. Pandit | On 16 May 2009 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 Presentation shows the global financial crisis, the difference between US, Europe and India, RBI’s policy response and impact, lessons from the crisis, medium-term issues and challenges. [Speech deliv...
by Rakesh Mohan | On 29 Apr 2009 This paper analyses the effects of access to Rural Public Works (RPW) and the Public
Distribution System (PDS), a public food subsidy programme, on consumption poverty,
vulnerability and undernutrit...
by Raghbendra Jha | On 27 Apr 2009 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 Nouriel Roubini, professor of Economics at the Stern School of Business, New York University, christened Dr.Doom by the US business media, is not given to wearing rose coloured glasses. He does not se...
by Charles Krusen | On 24 Jan 2009 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 In order to examine if the impact of oil price shocks depends on the structure of an economy, a vertical (VSC) and a horizontal (HSC) long-run supply curve identification are successively imposed on a...
by Ashima Goyal | On 05 Jan 2009 The main objectives of this report are to identify and propose policies,
factors and conditions that could mitigate or avoid double mismatches. policies here means any course of action pursued and ad...
by Khee-Giap Tan | On 19 Dec 2008 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 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 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 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 The author points out that the general directions of change adopted by the financial authorities in countries around the world in response to the market turbulence of 1997 and 1998 are correct. But, e...
by Howard Davies | On 14 Oct 2008 Two agendas of the heterodox economics programme; the stock-flow consistent models pioneered by Wynne Godley, and the monetary circuit approach researched in France and Italy are discussed. The object...
by Romar Correa | On 10 Oct 2008 In India, year-on-year percentage changes of price indexes are widely used as the measure of inflation. In terms of monthly data, each observation of a one-year change in inflation is the sum of twelv...
by Rudrani Bhattacharya | On 25 Sep 2008 An optimizing model of a small open emerging market economy (SOEME) with
dualistic labour markets and two types of consumers, is used to derive the natural
interest rate, terms of trade and potentia...
by Ashima Goyal | On 24 Sep 2008 Over 50 persons, mainly Christians, have been killed since the Hindu fundamentalists launched an attack on the Christians following the murder of four members of the VHP including 90 year old Laxmanan...
by Asian Centre for Human Rights ACHR | On 22 Sep 2008 This paper suggests a new tariff reduction formula using the declaration adopted at the Honk Kong ministerial conference.
by Prabash Ranjan | On 08 Sep 2008 A practitioner’s perspective of fiscal policy, and economic reforms.
by Y V Reddy | On 14 Aug 2008 In this study an attempt is made to examine the equity aspect due to
reforms in the banking sector at sub-regional level in the state of Andhra Pradesh
covering the period 1985 to 2004. [CESS WP 68]...
by K S Reddy | On 04 Aug 2008 The Reserve Bank released the document “Macroeconomic and Monetary
Developments: First Quarter Review 2008-09” to serve as a backdrop to the First Quarter Review of Annual Policy Statement for 2008-0...
by Reserve Bank of India | On 28 Jul 2008 From the early 1990s, India embarked on easing capital controls. Liberalization
emphasised openness towards equity flows, both FDI and portfolio flows. In particular, there are few barriers in the fa...
by Ajay Shah | On 24 Jul 2008 This article is an attempt to look at debates in the light of the Assemblies' tryst with panchayats. It should be noted that it is not an evaluation of what transpired in the state Assemblies. In view...
by Girish Kumar | On 03 Jul 2008 Inflation impacts on the social and political life and it is the poor who bear the consequences most. There can be no room for tardiness in taking measures to control inflation.
[See synopses of par...
by Shambhu Ghatak | On 21 Apr 2008 The question today is whether all the issues that were neglected when things were going well, will now get due attention when we can see even more clearly what needs to get done.
by T.N. Ninan | On 19 Apr 2008 A brief overview is provided about India’s long-term growth performance. Then an attempt is made to set out the conditions for successful innovations. To assess the role of innovations in the Indian...
by Rakesh Mohan | On 03 Apr 2008 Budget and Annual Financial Statement for the year 2008-09.
by West Bengal Government | On 25 Mar 2008 Budget presented by the finance minister for the year 2008-09.
by Maharashtra Government | On 20 Mar 2008 The good times may be ending. There have been worries for years about the global imbalances caused by America’s huge overseas borrowing. America, in turn, said that the world should be thankful: by li...
by Joseph E. Stiglitz | On 17 Mar 2008 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 Recent behavioral and neuroimaging studies with humans and monkeys provide compelling evidence of shared numerical capacities across species. In this primer, it is explained why our understanding of t...
by Michael J. Beran | On 12 Feb 2008 People living in almost fifty percent of the districts in West Bengal are exposed to arsenic contaminated water. The economic costs imposed by arsenic-related health problems are estimated. Data from...
by Joyashree Roy | On 08 Feb 2008 Review consists of three sections:
I. Assessment of Macroeconomic and Monetary Developments;
II. Stance of Monetary Policy; and
III. Monetary Measures.
An analytical profile of macroeconomic a...
by Y V Reddy | On 30 Jan 2008 The paper lays out a consistent frame work for monetary management in the
context of excess capital inflows. There is an urgent need for developing
competitive, open and well regulated markets for (...
by Arvind Virmani | On 24 Jan 2008 Management of capital accounts in the global context and in the Indian context. [Inaugural address delivered by Dr. Y. V. Reddy, Governor, Reserve Bank of India at the Annual Conference of the Indian...
by Y V Reddy | On 08 Jan 2008 Sovereign Wealth Funds (SWFs) will be an integral and significant part of global financial and capital markets even in the medium term. It is important for India to put in place domestic safeguards ag...
by Mukul Asher | On 12 Dec 2007 One of the burning issues at the moment relates to increasing the “voice” or representation of emerging-market economies in international financial institutions such as the IMF and World Bank. There a...
by Mboweni T.T. | On 13 Nov 2007 The authors attempt to construct a monetary conditions index (MCI) for India in order to take both interest rate and exchange rate channels simultaneously into consideration while evaluating the stanc...
by Kannan R | On 08 Nov 2007 The social, environmental and economic impacts of dams are summarised and outlines better options for water management and energy supply. [IRN Brief].
by International Rivers Network IRN | On 18 Oct 2007 The nature of the financial turbulence that happened recently in US and Europe, why it happened, where it happened, and the implications for central banks. Some of the forces that led up to and charac...
by Rakesh Mohan | On 12 Oct 2007 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 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 An overview of domestic and global macroeconomic developments [Valedictory address at the High Powered Macroeconomic Workshop organised by the State Bank of India].
by Rakesh Mohan | On 08 Aug 2007 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 Satisfuy China's Demand for Money by Hugo Restall
Monetary Policy: China’s Last Option: Let the Yuan Soar by Michael Pettis
Stop the Specter of a Rising Rupee by Vivek Moorthy
Hong Kong’s Arreste...
by FEER | On 04 Aug 2007 *Bank Rate kept unchanged
*Cash Reserve Ratio to be increased by 50 basis points to 7.0 per cent with effect from
the fortnight beginning August 4, 2007
*GDP growth projection for 2007-08...
by Y V Reddy | On 31 Jul 2007 In emerging markets and economies with limited supplies of potable water, the current monetary policy governing water distribution has failed or will eventually fail. This paper offers an alternative...
by Michael P. Jackson | On 09 Jul 2007 This paper investigates the relationship between capital account openness and
inflation since the 1980s. It argues that widespread capital account liberalization
during the last two decades appears...
by Abhijit Sen Gupta | On 23 Feb 2007 This paper, one among a series for the Jan Swasthya Abhiyan addresses the issue of the impact of globalisation on health. How has globalisation affected different countries and who are the winners an...
by Jan Swasthya Abhiyan | On 25 Jan 2007 China and India have one of the largest telecommunications equipment markets in the world. The paper employs a sectoral system of innovation framework towards understanding the differential outcomes i...
by Sunil Mani | On 19 Dec 2006 Korea is one of the four from the developing world to have built
up substantial innovation capability in the design and manufacture of state-of-the-art telecommunications equipments. The paper undert...
by Sunil Mani | On 19 Dec 2006 The present paper proposes certain statistical tests, both
conceptually simple and computationally easy, for analysing state-specific
prima facie probabilistic causality and error correction mechani...
by N. Vijayamohanan Pillai | On 19 Dec 2006 Introduction: Regional integration in Asia editorial by Ramkishen S. Rajan
Production fragmentation and trade integration: East Asia in a global context by
Prema-chandra Athukorala and Nobuaki Yamas...
by The North American Journal of Economics and Finance | On 05 Nov 2006 * Repo Rate increased to 7.25 per cent from 7.0 per cent.
* The flexibility to conduct overnight repo or longer term repo including the right to accept or reject tender(s) under the LAF, wholl...
by Reserve Bank of India | On 31 Oct 2006 Ensuing changes in the socio-economic structures and policies have a gender dimension and differentially impact on men and women. Prevailing ideas about gender relationships create an unequal access f...
by Veena Poonacha | On 21 Apr 2006 The Reserve Bank of India, in its Annual Policy Statement on April 28, 2005, for the year 2005-06, announced its intention to reorient government debt management
operations entailing functional separ...
by Charan Singh | On 14 Apr 2006 A SWOT analysis of the Indian Pharmaceutical Industry (IPI) in the WTO regime
reveals that the much acclaimed IPI’s expertise in process development skills
were made possible by the amendments made...
by N. Lalitha | On 28 Mar 2006 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 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 When analyzing the appropriate response for monetary policy during a currency
crisis it is important to keep in mind two distinct channels: (a) the impact of raising
interest rates on exchange rates...
by Ramkishen S. Rajan | On 27 Jan 2006 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 Since the Asian crisis it has been recognized that exchange rate and monetary policy strategies must involve a “fairly high” element of flexibility rather than a single-minded defense of a particular...
by Ramkishen S. Rajan | On 19 Jan 2006 Lecture at RIS, New Delhi December 2005
by Ramkishen S. Rajan | On 12 Jan 2006 A fresh wave of globalisation since the early 1990s has created both hope and despair. Failure of state has reaffirmed faith in market based institutions. Expansion in trade across national borders an...
by Sudarshan Iyengar | On 07 Dec 2005 As developing countries including those from South Asia, rally forces and evaluate options ahead of the Hong Kong Ministerial meeting in December 2005, Non Agricultural Market Access (NAMA) assumes im...
by Prabash Ranjan | On 29 Nov 2005 Developments in the financial sector have led to an expansion in its ability to spread risks. The increase in the risk bearing capacity of economies, as well as in actual risk taking, has led to a ran...
by Raghuram G. Rajan | On 16 Nov 2005 In tribute, a brief note on the rich intellectual trajectory described by I. G. Patel
by Deena Khatkhate | On 28 Sep 2005 Medico Friend Circle, April-May 2005, featuring Background papers for annual Theme Meet on Quality and Cost of Health Care
by Anonymous | On 24 Aug 2005 |