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eSS Sunday Edit: Sunrise Again for Indian Hockey?

India’s hockey performance, men’s and women’s, at Tokyo is remarkable in significant ways and may well be a portent of things to come. It's a fitting celebration of the life of Keshav Dutt, hockey vet...

by | On 20 Sep 2021

Model Nagar Raj Bill: Taking Democracy to the Grassroots

Participation of citizen in local governance is a key component for good governance. It extends the citizens’ role beyond that of a voter . It ensures a more equal distribution of power and resources...

by Kedar Diwan | On 21 Feb 2021

Know Your Publishing Space: Open Access Publishing

Publishing research in open access journals has been widely discussed over the last decade. Both free access and open access give the reader seamless access to research papers/articles. So, what’s the...

by Shubhada Nagarkar | On 05 Feb 2021

Book Review of 'Shadow States: India, China and the Himalaya'

Shadow States is a truly important work—well written and based on solid research—thatoffers a novel and necessary perspective from which to view the Sino-Indian border dispute in their shared Himalaya...

by Mahesh Shankar | On 01 Aug 2020

Further Estimations of the Likely Total Infections and Deaths Due to COVID19 in Select Countries (Version 2 dt. April 10, 2020)1

We had earlier estimated the likely cases and deaths over the course of the pandemic for a number of countries. This was an early attempt and gave somewhat tentative results. With some 7 more days of...

by Sebastian Morris | On 09 May 2020

COVID-19: Global Diagnosis and Future Policy Perspective

The macroeconomic policy responses to COVID-19 pandemic and the impact of the pandemic on economic growth, and the level of consumption are analysed. The COVID-19 crisis is a dual crisis - public hea...

by Divy Rangan | On 06 May 2020

News, Noise and Indian Business Cycle

New Keynesian Dynamic Stochastic General Equilibrium (DSGE) models with various specifications of technology, markup and interest rate shocks are estimated with Indian data using Kalman filter based p...

by Ashima Goyal | On 25 Apr 2019

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

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

by Hongyi Chen | On 01 Apr 2019

How to Modernise the Working of Courts and Tribunals in India

Indian courts are clogged with large backlogs. Part of the reason for the problem is that cases take a very long time to move through the courts. It slows progress of court cases is harmful for the In...

by Pratik Dutta | On 30 Mar 2019

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

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

by Dushni Weerakoon | On 28 Mar 2019

In Memoriam: Darryl D'Monte

Darryl D’Monte, veteran journalist passed away on March 16, 2019 in Mumbai. He was 75.

by | On 24 Mar 2019

Innovation, Efficiency and Inclusion: Integration of Digital Technologies in the Indian Microfinance Sector

This paper explores how these mechanisms - innovation, inclusion and efficiency – have been integral to microfinance operations in the past, and how innovations in digital technology may be yet anothe...

by Saon Ray | On 04 Feb 2019

Changing Structure of Employment in Indian States

The study attempts a comparative assessment of the changing employment situation in major Indian states, measured in terms of worker-population ratios and the distribution of workers into status group...

by A.V. Jose | On 01 Feb 2019

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

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

by P.L. Beena | On 31 Jan 2019

Enlargement Decisions of Regional Trading Blocs with Asymmetric Members

This paper analyzes the conditions under which an existing bilateral free trade area (FTA) prefers to expand in size and when it prefers consolidation through customs union (CU) formation when the exi...

by Sunandan Ghosh | On 31 Jan 2019

The Way Forward for Personal Insolvency in the Indian Insolvency and Bankruptcy Code

This paper describes the Indian credit market and presents an argument for the need for personal insolvency law. It provides a brief overview of the provisions on personal insolvency in the IBC. It ma...

by Renuka Sane | On 30 Jan 2019

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

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

by Nguyet Thi Minh Phi | On 28 Jan 2019

How Does Public Debt Affect the Indian Macroeconomy? A Structural VAR Approach

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

What do we Know about Changing Economic Activity of Firms?

Identification of primary economic activity of ¬firms is a prerequisite for compiling several macro aggregates. This paper takes a statistical approach to understand the extent of changes in primary e...

by Radhika Pandey | On 23 Jan 2019

Asian Development Outlook Forecast Accuracy 2007–2016

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

by Benno Ferrarini | On 22 Jan 2019

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

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

by Ben Shepherd | On 20 Jan 2019

Exporting and Firm Performance: Evidence from India

In this paper the positive correlation between firm productivity and export status is well established. This correlation can arise from multiple alternative casual models. It has investigated these re...

by Apoorva Gupta | On 12 Jan 2019

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

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

by Tadateru Hayashi | On 02 Jan 2019

Services Policies and Manufacturing Exports

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

by Ben Shepherd | On 28 Dec 2018

Transformation of Indian Agriculture? Growth, Inclusiveness and Sustainability

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

by S. Mahendra Dev | On 26 Dec 2018

How Do We Prevent a Food Crisis in the Midst of Climate Change?

The current global warming trends are extremely likely to be the result of human social and economic activity since the middle of the 20th century (NASA 2018). Evidence of rapid climate change varies...

by Kunmin Kim | On 21 Nov 2018

Insights from Behavioral Economics on Current Policy Issues

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

Skewed Credit and Growth Dynamics after the Global Financial Crisis

A large empirical literature finds that financial development is beneficial for economic growth, although some recent evidence suggests otherwise. The paper contributes to the finance–growth literatur...

by Gemma Estrada | On 19 Oct 2018

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

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

by Maria Teresa Punzi | On 19 Oct 2018

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

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

by Dean Karlan | On 04 Oct 2018

Money and Business Cycle: Evidence From India

This paper takes a New Keynesian model with non-separable money in utility to Indian data using maximum likelihood. The identification problem in isolating the effect of money on output and inflation...

by Ashima Goyal | On 21 Sep 2018

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

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

by Elaine Q. Borazon | On 20 Sep 2018

Bribes vs. Taxes: Market Structure and Incentives

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

by Francesco Amodio | On 17 Sep 2018

Vietnam’s Low National Competitiveness, Causes, Implications and Suggestions for Improvement

This study provides an in-depth analysis of main causes of Vietnam’s low competitiveness from the country’s perspective. These are structural problems due to its factor-based growth model, expansionar...

by LE Quoc Phuong | On 11 Sep 2018

Impure Impact Giving: Theory and Evidence

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

by Daniel M. Hungerman | On 01 Sep 2018

The People’s Republic of China’s Long-Run Growth through the Lens of the Export-Led Growth Model

The People’s Republic of China’s (PRC) remarkable growth performance over the last 3 decades has been associated to very robust export growth, so much so that many refer to it as a clear example of ex...

by Jesus Felipe | On 29 Aug 2018

An Empirical Analysis of the Factors that Influence Infrastructure Project Financing by Banks in Select Asian Economies

This paper analyzes a critical aspect of expanding private finance to infrastructure by examining the role of bank lending to public–private partnership (PPP) projects through the project finance moda...

by Vivek Rao | On 24 Aug 2018

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

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

by Ranaporn Tantiwechwuttikul | On 13 Aug 2018

Short-term Migration in Rural India: The Impact of Nature and Extent of Participation in Agriculture

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

by S. Chandrasekhar | On 25 Jul 2018

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

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

by Rajeswari Sengupta | On 25 Jul 2018

Breathe India: An Action Plan for Combating Air Pollution

A recent WHO database (2018) has identified several of India’s top cities with some of the highest levels of air pollution. Kanpur, Faridabad, Gaya, Varanasi and Patna are the top five most polluted c...

by Niti Aayog GOI | On 16 Jul 2018

Macroeconomic Overview of the Philippines and the New Industrial Policy

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

by Maureen Ane D. Rosellon | On 06 Jul 2018

Assessing Public Expenditure Efficiency at Indian States

This paper attempts to understand what drives the public expenditure efficiency among the States. For this, it looks at the role of economic growth as well as quality of governance. The results of inp...

by Ranjan Kumar Mohanty | On 20 Jun 2018

The Economics of Releasing the V-band and E-band Spectrum in India

The paper begins with a brief overview of the characteristics of the bands. After that, it presents a review of the approaches different countries have taken while releasing this spectrum, and a secti...

by Suyash Rai | On 20 Jun 2018

Fair play in Indian Health Insurance

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

by Shefali Malhotra | On 15 Jun 2018

The Rise of Government-Funded Health Insurance in India

India has experienced a remarkable proliferation of 48 Government Funded Health Insurance Schemes (GFHIS) from 1997 to 2018. The paper places the rise of this policy pathway in historical perspective....

by Ila Patnaik | On 15 Jun 2018

Federalism, Fiscal Asymmetries and Economic Convergence: Evidence from Indian States

This paper tests economic convergence across States in India by incorporating federal fiscal asymmetries and differentials in gross fixed capital formation at the state level. Using dynamic panel mode...

by Lekha Chakraborty | On 15 Jun 2018

Empirical Analysis of Factors Influencing Price of Solar Modules

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

by Farhad Taghizadeh-Hesary | On 11 Jun 2018

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

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

by Farhad Taghizadeh-Hesary | On 09 Jun 2018

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

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

by Carlos De Resende | On 09 Jun 2018

Young Enterprises and Bank Credit Denials

By employing a sample of 20,956 observations of non-financial SMEs headquartered in the Euro area, between 2009 and 2015, the paper tests whether young businesses are more likely to face credit reject...

by Danilo V. Mascia | On 06 Jun 2018

Book Review: The Indian Ocean as a Historical Region

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

Examining the state level heterogeneity of public health expenditure in Indi a: an empirical evidence from panel data

This study explores the relationship over an extended period of time between an increase in per capita public health expenditure and per capita state’s domestic product (per capita inc...

by Deepak Kumar Behera | On 16 May 2018

The impact of macroeconomic policies on the growth of public health expenditure: An empirical assessment from the Indian states

The impact assessment of macroeconomic policies on public health expenditure is very relevant in Indian economy because of tax reform, fiscal consoli- dation, and expenditure policy reform. These h...

by | On 11 May 2018

Growth and Childbearing in the Short- and Long-Run

Despite being key to theories of economic growth and the demographic transition, evidence on how fertility responds to aggregate income change is mixed. We analyze economic growth and fertility chan...

by | On 08 May 2018

Innovation and Trade Policy in a Globalized World

How do import tariffs and R&D subsidies help domestic firms compete globally? How do these policies affect aggregate growth and economic welfare? To answer these questions, the paper builds a dynamic...

by Ufuk Akcigit | On 02 May 2018

Forward Guidance

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

by Marcus Hagedorn | On 24 Apr 2018

Rethinking Macroeconomic Policies for Full Employment and Inclusive Growth: Some Elements

This paper reviews recent evidence and research by ILO and others concerning monetary, fiscal, exchange rate and capital account management policies, looking also at issues...

by | On 20 Apr 2018

STRUCTURAL CHANGE IN THE INDIAN ECONOMY

We analyse the evolution of the Indian economy over the past six decades, particularly identifying structural breaks. We find that usually there has been a gradual change in the indicators of the ec...

by Manmohan Agarwal | On 09 Apr 2018

Effects of Contract Governance on Public Private Partnership (PPP) Performance

This paper empirically examines the impact of differences in contract attributes on project outcomes. The hypothesis is to test whether better incentive structure and stricter administrative controls...

by Chandan Kumar | On 05 Apr 2018

Role of Bidding Method and Risk Allocation in the Performance of Public Private Partnership (PPP) Projects

This paper analyses the Indian PPP framework, including its bidding process and the standard concession agreement. The paper argues that the existing bidding method (i.e. premium/grant based method) c...

by Chandan Kumar | On 05 Apr 2018

Opportunism and Hold-up in the Incomplete Public Private Partnership (PPP) Contracts

This paper attempts to find the answer to this question. It examines the contract design of the Indian PPP road contracts and analyzes its strengths and weaknesses to avoid the opportunism or hold-up...

by Chandan Kumar | On 05 Apr 2018

Climate Policy under Cooperation and Competition between Regions with Spatial Heat Transport

The paper builds a novel stochastic dynamic regional integrated assessment model (IAM) of the climate and economic system including a number of important climate science elements that are missing in m...

by Yongyang Cai | On 04 Apr 2018

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

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

by Sarfraz Qureshi | On 30 Mar 2018

Innovation and Employment: A Firm Level Study of Indian Industries

This study based on the firm level data for eleven industries for the period ranging from 1998 through 2010 makes an attempt to capture the effect of R&D on employment in the backdrop of the debate...

by | On 29 Mar 2018

Changing Task Contents of Jobs in India: Implications and Way Forward

In this paper, we analyse the evolution of the task content of jobs in India between 1983 and 2011. Following standard literature, we calculated five task intensities by combining NSS data with O-Ne...

by | On 28 Mar 2018

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

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

by | On 27 Mar 2018

Towards a Green Public Bank in the Public Interest

Four decades of neoliberal market fundamentalism and its relentless assault on the public sector and our understandings of publicness have generated a profound crisis of social reproduction and envi...

by | On 21 Mar 2018

Exchange Rate Instability and Trade: The Case of Pakistan

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

by M. Ali Kemal | On 19 Mar 2018

People-to-People Partnership in Asia Africa Growth Corridor: Historical and Cultural Linkages

People-to-People Partnership (PPP) is an important and inevitable mode of interactions in the sphere of international relations. In any kind of developmental, diplomatic and cultural interactions and...

by | On 15 Mar 2018

Mergers and Acquisitions, Technological Efforts and Exports: A Study of Pharmaceutical Sector in India

This report attempts to examine the role of Mergers and Acquisitions (M&A) and technological efforts in determining the export competitiveness of firms belonging to Indian Pharmaceutical Industry. M...

by Vidhisha Vyas | On 13 Mar 2018

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

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

by S.K. Sasikumar | On 12 Mar 2018

Managing Financial Globalization: Insights from the Recent Literature

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

by Shang-Jin Wei | On 10 Mar 2018

Long-term Implications of Humanitarian Responses: The Case of Chennai

Following the Indian Ocean tsunami in 2004, Tamil Nadu lost about 8,000 people and the lives and livelihoods of over 897,000 families were affected. In 2015, Chennai, the capital city of Tamil Nad...

by | On 09 Mar 2018

Prenatal Exposure to Shocks and Early-Life Health: Impact of Terrorism and Flood on Birth Outcomes in Pakistan

The current paper tries to fill this gap by investigating the impact of floods on pregnancy and birth outcomes across conflict-affected and unaffected districts in Pakistan.

by Baishali Goswami | On 08 Mar 2018

Reduction in Carbon Emissions Intensity among Indian Manufacturing Firms and Its Impact on Their Export Competitiveness, 2009-2013

Between 2002-03 and 2012-13, energy consumption intensity and carbon dioxide (CO2) emissions intensity of Indian manufacturing declined by about 30 percent. During the last 10 to 15 years, Indian ma...

by | On 05 Mar 2018

Bank Liquidity, Credit Supply, and the Environment

The paper evaluates the impact of the credit conditions facing corporations on their emissions of toxic air pollutants. Exploiting cross-county, cross-time shale discoveries that generated liquidity w...

by Ross Levine | On 05 Mar 2018

Sticky Expectations and Consumption Dynamics

Macroeconomic models often invoke consumption “habits” to explain the substantial persistence of aggregate consumption growth. But a large literature has found no evidence of habits in microeconomic d...

by Christopher D. Carroll | On 05 Mar 2018

Trade with Correlation

The paper develops a trade model in which productivity—the result of a country’s ability to adopt global technologies—presents an arbitrary pattern of spatial correlation. The model generates the full...

by Nelson Lind | On 05 Mar 2018

Business Cycle Measurement in India

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

by Radhika Pandey | On 03 Mar 2018

Kerala's Education System: From Inclusion to Exclusion?

The paper examines the recent shifts in Kerala’s education system from an inclusive one to an exclusive one.

by N. Ajith Kumar | On 01 Mar 2018

An Alternative Argument of Green Solow Model in Developing Economy Context

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

by | On 27 Feb 2018

Internationalisation of the Rupee

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

by Shekhar Hari Kumar | On 27 Feb 2018

Militarisation and Armed Conflict

India's claim that all human rights violations are redressed stands sharply refuted by the report of the National Human Rights Commission (NHRC) which in its report to UPR2 stated that AFSPA remains i...

by Working Group on Human Rights (WGHR) | On 21 Feb 2018

‘Television Was Left On, a Running Tap, from Morning till Night’: The Indian Premier League (IPL)

There is no sport without television. Television has become vital to the existence and sustenance of all sport, including cricket. This paper focuses on the broadcast technologies of television and...

by | On 15 Feb 2018

Factors Affecting the Academic Achievement: A Study of Elementary School Students of NCR Delhi, India

The foremost aim of the study was to investigate and analyze the relationship of General Mental Ability, Interest and home environmentwith Academic Achievement.Methods:The participants were 110 stude...

by | On 12 Feb 2018

A Shift from Crime to Terrorism: Assessing D-Company

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

by Ajey Lele | On 09 Feb 2018

Does Gender Diversity Improve Firm Performance?: Evidence from India

This report explores how fostering gender diversity at the firm level can be good for business.

by Ruchika Joshi | On 08 Feb 2018

A New, Exciting Bird’s-Eye View of the Indian Economy Through the GST

Data on the international exports of states (the first in India’s history) suggests a strong correlation between export performance and states’ standard of living. India’s exports are unusual in tha...

by Arun Jaitley | On 30 Jan 2018

What Determined 2015 TPA Voting Pattern?: The Role of Trade Negotiating Objectives

This paper analyzes 2015-TPA voting patterns in the Congress in the context of the trade negotiating objectives.

by Yoon Joon | On 24 Jan 2018

Urban Employment in India: Recent Trends and Patterns

This paper explores trends in urban employment in India, with a focus on urban informal employment (defined as informal wage employment and self-employment in informal enterprises, as well as informal...

by Martha Alter Chen | On 02 Jan 2018

Effects of Financial Market Imperfections on Indian Firms‘ Exporting Behavior

Using data from more than 6,000 manufacturing firms in India for 1996–2008, we investigate the impact of financial constraints on the exporting behavior of Indian manufacturing firms while also focusi...

by Hiro Ito | On 21 Dec 2017

Evolution of the Infant Health Production Function

This article provides a systematic review of the published literature to date on infant health production and how it has evolved over the past 3-4 decades as data have become more available, computing...

by Hope Corman | On 19 Dec 2017

The Value of Pharmacogenomic Information

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

by John A. Graves | On 18 Dec 2017

Cities and Entrepreneurs over Time: Like a Horse and Carriage?

This paper explores the co-evolution of entrepreneurship and cities. First, it provides a stylized model of development wherein the rise of cities (urbanisation) is the outcome of the activities of en...

by Wim Naudé | On 15 Dec 2017

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

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

by Radhika Pandey | On 12 Dec 2017

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

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

by Man-Kwun Chan | On 06 Dec 2017

The Determinants of Virtue: Modelling Changes in the CSR Ratings of Chinese Firms

Most empirical studies on Corporate Social Responsibility (CSR) use cross-sectional data or case studies, making causality hard to establish. The paper overcomes this limitation by using panel data on...

by Shuangqi Wu | On 23 Nov 2017

What Constrains Indian Manufacturing ?

India has undertaken extensive reforms in its manufacturing sector in the last two decades. However, an acceleration of growth in manufacturing, and a concomitant increase in employment, has eluded I...

by Poonam Gupta | On 17 Nov 2017

Demonetisation Post-Truths

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

by | On 17 Nov 2017

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

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

by | On 16 Nov 2017

Management of Capital Flows in India

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

by Abhijit Sen Gupta | On 13 Nov 2017

Inequality and Expectations in a Model of Technology Adoption and Growth

This paper highlights the role of initial wealth inequality in determining the technology adoption decision of firms, which in turn impacts upon the overall productivity in an economy. Wealth inequali...

by Surbhi Badhwar | On 08 Nov 2017

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

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

by Shahid Raza | On 31 Oct 2017

Macroeconomic Impact of International Reserves: Empirical Evidence from South Asia

This paper constructs a dynamic macro model with new monetary policy rule to examine the implications of international reserve accumulation for macroeconomic outcomes such as economic growth and infla...

by Prakash Shrestha | On 18 Oct 2017

Understanding Judicial Delay at the Income Tax Appellate Tribunal in India

This paper creates a de novo data-set using publicly available data on cases at the Indian Income Tax Appellate Tribunal (ITAT). The paper applies the statistical techniques of hazard models to addres...

by Pratik Datta | On 17 Oct 2017

Undersea Pipedreams and Indian Energy Security

Iran’s game-changing nuclear deal with the West and imminent ending of the US-led sanctions open a window of opportunity for deeper Indo-Iranian relations. On the sidelines of the BRICS summit in Ufa...

by Research and Information System for Developing Countries | On 17 Oct 2017

How Acute is Skill Scarcity in Indian Manufacturing ? Emerging Contours

This paper investigates the nature of skill formation in Indian Manufacturing. Discussing household, personal, and labour market characteristics of manufacturing employment in India, the study discus...

by G.D Bino Paul | On 10 Oct 2017

Is Intra-Industry Trade Gainful ? Evidence from Manufacturing Industries of India

This paper identifies the increasingly dominant role of intra-industry trade (IIT) in India’s total merchandise trade at different disaggregated levels of data during the post liberalization era (1990...

by | On 09 Oct 2017

Remittances and Exchange Rate Linkages: Experiences of Nepal

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

by Bhubanesh Pant | On 09 Oct 2017

Estimating Public Spending on Health by Levels of Care for National Health Accounts: An Illustration of Use of Data on Withdrawals by Drawing and Disbursing Officers (DDOs) in India

This paper illustrates the use of information on withdrawals by Drawing and Disbursing Officers (DDOs) for improving estimates of public spending for National Health Accounts (NHAs) in India. Using in...

by Mita Choudhury | On 07 Oct 2017

Intensive and Extensive Margins of Exports: What Can India Learn from China ?

We decompose India’s export performance in manufactured products during 2000-2015 into changes at the intensive and extensive margins. India’s performance, along different margins, is compared and con...

by Veeramani C | On 06 Oct 2017

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

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

by Ranjan Kumar Mohanty | On 05 Oct 2017

The Macroeconomic Benefits of Tax Enforcement in Pakistan

The benefits of improved tax enforcement in Pakistan through simulations of a model of the Pakistani economy is studied. We begin by documenting that the effective tax rate facing firms is increasin...

by Ethan Ilzetzki | On 04 Oct 2017

On the Importance of Triangulating Datasets to Examine Indians on the Move

A chapter dedicated to migration in the Economic Survey 2016-17 signals the willingness on the part of Indian policymakers to address the linkages between migration, labour markets and economic develo...

by S. Chandrasekhar | On 03 Oct 2017

Women in Politics and the Subject of Reservations

This paper, however, demonstrates that the effective history of thinking about political representation in the form of reservations for women is as old as the women’s movement itself. Feminist enga...

by Mary E. John | On 28 Sep 2017

Financial Inclusion, Information and Communication Technology Diffusion and Economic Growth: A Panel Data Analysis

The present study has first examined whether ICT development can be an important determinant of Financial Inclusion by using a fixed effect panel data model. The results show that ICT is indeed an i...

by Amrita Chatterjee | On 25 Sep 2017

Watching India's Insolvency Reforms: A New Dataset of Insolvency Cases

This paper introduces a new dataset of orders passed by the National Company Law Tribunal (NCLT) in the insolvency cases under the Insolvency and Bankruptcy Code or IBC. It builds this dataset to atte...

by Sreyan Chatterjee | On 18 Sep 2017

Slowdown in Bank Credit Growth: Aggregate Demand or Bank Non-Performing Assets?

This paper tests the bank lending channel against the aggregate demand channel as an explanation for slow credit growth by estimating the determinants of credit and of non- performing assets (NPAs) us...

by Ashima Goyal | On 15 Sep 2017

Monetary Transmission in India: Working of Price and Quantum Channels

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

by Ashima Goyal | On 15 Sep 2017

Federalism and the Formation of States in India

In recent days, the process of federalization within the Indian Union has become more debatable due to the unequal federal development at various levels. In this context, the issues of state formation...

by Susant Kumar Naik | On 14 Sep 2017

The 1857 Indian Uprising and the British Empire

Situating the 1857 Indian uprising within an imperial context, Jill C. Bender traces its ramifications across the four different colonial sites of Ireland, New Zealand, Jamaica, and southern Africa. B...

by Elizabeth Baker | On 11 Sep 2017

Augmenting Small Farmers Income Through Rural Non-Farm Sector: Role of Information and Institutions

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

Building Inclusive Economies, Building a Better World: A Look at the APEC 2015 Priority Areas (Volume II)

This paper, mainstreaming SMEs in the regional and global market loosely refers to the internationalization of SMEs.

by Philippine Institute Studies (PIDS) | On 05 Sep 2017

Embodied Engagements: Filmmaking and Viewing Practices and the Habitus of Telugu Cinema

Viewers of South Indian devotional films, female viewers in particular, have been known to offer prayers to the gods on screen and even moved to a state of possession while watching a film. Filmmaking...

by Uma Bhrugubanda | On 31 Aug 2017

Price Distortions in Indian Agriculture

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

by Shweta Saini | On 23 Aug 2017

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

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

by Shweta Saini | On 21 Aug 2017

Can Asset Reconstruction Companies (ARCs) be Part Solution to the Indian Debt Problem?

This paper details the approaches of other countries when their banking sectors were burdened with unsustainable levels of impaired assets. The paper examines the bad debt situation in India, the circ...

by Jaimini Bhagwati | On 11 Aug 2017

Demonetisation: Macroeconomic Implications for Indian Economy

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

by Pradymna Rawat | On 09 Aug 2017

Factors Influencing Indian Manufacturing Firms’ Decision to Hire Contract Labour

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

by Jaivir Singh | On 08 Aug 2017

CAG Report Summary Electrification Projects in Indian Railways

The Comptroller and Auditor General of India submitted a report on the electrification projects in Indian Railways (between 2013-14 and 2015-16) on July 21, 2017. Trains on Indian Railways are hauled...

by PRS Legislative Research | On 07 Aug 2017

Indian Business Groups and Their Dominance in the Indian Economy

Business groups have played an important role in the development of the Indian economy by filling the institutional voids arising from weak markets and institutions. As these economic institutions dev...

by | On 04 Aug 2017

Risk-weighting under Standardised Approach of Computation of Capital for Credit Risk in Basel Framework – An Analysis of Default Experience of Credit Rating Agencies in India

The paper attempts to find out whether the credit risk regulatory capital of Indian banks is commensurate with the default experience associated with ratings assigned by the Indian rating agencies. Th...

by Ajay Kumar Choudhary | On 04 Aug 2017

Cities, Towns, and Poverty: Migration Equilibrium and Income Distribution in a Todaro-type Model with Multiple Destinations

Should public investment be targeted to big cities or to small towns, if the objective is to minimize national poverty? To answer this policy question the basic Todaro-type model of rural-urban migr...

by Luc Christiaensen | On 01 Aug 2017

Design of Solar Field and Performance Estimation of Solar Tower Plants

The major components in a ST plant are the heliostats, receivers, tower, HTF, working fluid and power block.

by G. Srilakshmi | On 28 Jul 2017

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

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

by Lei Lei | On 27 Jul 2017

Comparison of Various Business Cycle Models for Pakistan

In this paper, we compare the performance of different models, on two data frequencies, in terms of matching the business cycle moments of Pakistani economy. Out of the four models, two are simple r...

by M. Ali Choudhary | On 26 Jul 2017

Rethinking the Development of Post-War Sri Lanka Based on the Singapore Model

This study explores three major points, namely, Singapore's development process,Singapore's model of economic development, and the economic challenges of post-war Sri Lanka. This study explores pages...

by Sanika Sulochani Ramanayake | On 25 Jul 2017

Asia Bond Monitor - June 2015

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

by Asian Development Bank Institute | On 24 Jul 2017

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

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

by Taniya Ghosh | On 21 Jul 2017

Energy Efficiency Developments and Potential Energy Savings in the Greater Mekong Subregion

Greater gains in energy savings are possible from improved energy efficiency and conservation measures, both as a smart business investment, and an imperative for the global community.

by Asian Development Bank Institute | On 18 Jul 2017

Maldives: Overcoming the Challenges of a Small Island State

This report provides support to the Maldivian government in formulating its high-priority policies by identifying the critical constraints to achieving inclusive growth. The report also provides polic...

by Asian Development Bank Institute | On 12 Jul 2017

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

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

by Asian Development Bank Institute | On 11 Jul 2017

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

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

Asia Bond Monitor - September 2015

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

Cambodia: Addressing the Skills Gap

The report says that Cambodia’s growth in the last 20 years has been remarkable and the lives of its people have improved substantially. But low-cost labor advantages on a narrow economic base have dr...

by Asian Development Bank Institute | On 30 Jun 2017

Fiji: Building Inclusive Institutions for Sustained Growth

This study, using an inclusive growth framework, has identified the critical constraints that Fiji needs to address to strengthen investor sentiment even further and achieve inclusive growth.

by Asian Development Bank Institute | On 27 Jun 2017

Fiji: Building Inclusive Institutions for Sustained Growth - Executive Summary

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

by Asian Development Bank Institute | On 27 Jun 2017

Strengthening City Disaster Risk Financing in Vietnam

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

by Asian Development Bank Institute | On 26 Jun 2017

Asia Bond Monitor - June 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

Services Growth- Why is that important for growth of GDP and Employment?

Services have significantly contributed to the structural transformation of Indian economy. Sustained growth of services in India has to an extent broken the myth which has considered acceleration in...

by MC Singhi | On 22 Jun 2017

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

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

by Asian Development Bank Institute | On 14 Jun 2017

Asian Development Outlook 2016: Highlights

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

by Asian Development Bank Institute | On 14 Jun 2017

Asia Bond Monitor - June 2016

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

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

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

by Parma Chakravartti | On 26 May 2017

Tajikistan: Promoting Export Diversification and Growth

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

by Asian Development Bank Institute | On 24 May 2017

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

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

by Subrata Mukherjee | On 19 May 2017

Analysis of Simultaneous Elections : The "What", "Why" and "How"

This paper narrates that elections impact everyone in the entire country – citizens, businesses, administrative machinery, constitutional institutions, political parties, leaders and so on. Eventual i...

by Bibek Debroy | On 18 May 2017

ASEAN+3 Bond Market Guide 2016: Thailand

The paper says that the government has continued to issue bonds since then with the primary objectives being to finance the annual budget deficit, support social and economic development, and restruct...

by Asian Development Bank Institute | On 16 May 2017

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

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

by Asian Development Bank Institute | On 10 May 2017

Reinventing Mutual Recognition Arrangements: Lessons from International Experiences and Insights for the ASEAN Region

This report aims to support ASEAN policymakers and regulatory bodies by examining MRAs signed in other regions to see how well they have functioned on the ground. It focuses on the following issues: D...

by Dovelyn Rannveig Mendoza | On 08 May 2017

Dynamic Stochastic General Equilibrium (DSGE) Modelling :Theory And Practice

In recent years DSGE (dynamic stochastic general equilibrium) models have come to play an increasing role in central banks, as an aid in the formulation of monetary policy (and increasingly after th...

by DILIP NACHANE | On 04 May 2017

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

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

by Taniya Ghosh | On 04 May 2017

From Participation To Repurchase: Low Income Households And Micro-Insurance

The paper asks what drives insurance coverage in low income households by analysing repurchase patterns of micro-insurance policies. The paper uses data on customers of a financial services provider...

by Renuka Sane | On 03 May 2017

The Long Road to Transformation of Agricultural Markets in India: Lessons from Karnataka

This paper examines Karnataka's pioneering agricultural output marketing reforms with the twin goals of assessing the state and challenges of implementation and to glean lessons from Karnataka's expe...

by Nidhi Aggarwal | On 02 May 2017

Income Generation and Inequality in India's Agricultural Sector: The Consequences of Land Fragmentation

This paper is a contribution to understanding income generation and inequality in India's agricultural sector. The paper analyses the National Sample Surveys of agriculture in 2003 and 2013 using desc...

by Sanjoy Chakravorty | On 02 May 2017

Macroeconomic Impact of Demonetisation: A Preliminary Assessment

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

by Reserve Bank of India RBI | On 21 Mar 2017

Analysis of Women Participation in Indian Agriculture

Agriculture sector as a whole has developed and emerged immensely with the infusion of science and technology. But this latest emergence is not capable of plummeting the ignorance of women labour as...

by Mun Mun Ghosh | On 01 Mar 2017

Estimating Labor Force Joiners and Leavers Using a Heterogeneity Augmented Two-Tier Stochastic Frontier

We derive a non-standard unit root serial correlation formulation for intertemporal adjustments in the labor force participation rate. This leads to a tractable three-error component model, which in c...

by | On 01 Mar 2017

Leave No One Behind : A Call to Action for Gender Equality and Women’s Economic Empowerment

The report captures the importance of shaping macro-economic policies so they support inclusive growth, and ensuring that women entrepreneurs have access to technology and finance. It also highlights...

by | On 21 Feb 2017

Sheffield on Roy, 'The Indian Army in the Two World Wars'

This collection of under review certainly belongs in the latter category. The editor, Kasnik Roy, has a distinguished record of publications on the Indian Army of the Raj, and has assembled an impress...

by | On 20 Feb 2017

Educational Inequality in India: An Analysis of Gender Differences in Reading and Mathematics

This paper analyzes gender differences in reading and mathematics among Indian children ages 8-11 using data from the 2005 India Human Development Survey. Employing descriptive statistics and ordered...

by | On 15 Feb 2017

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

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

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

Vital Stats: State of the Economy 2016-17

The Union Budget for 2017-18 will be presented on February 1, 2017. In this context, we present data regarding the state of the Indian economy in 2016-17, across indicators such as gross domestic pro...

by Tanvi Deshpande | On 01 Feb 2017

The Influence of Gender Budgeting in Indian States on Gender Inequality and Fiscal Spending

This study investigates the effect of gender budgeting in India on gender inequality and fiscal spending. Gender budgeting is an approach to budgeting in which governments use fiscal policies and ad...

by Janet G Stotsky | On 23 Jan 2017

Note on Status of Accounting Reforms in Indian Railways

The focus of this note is primarily to present the background of this project, status of various activities undertaken so far and detail out the way forward in terms of timelines and implementation...

by Bibek Debroy | On 23 Jan 2017

Vital Stats: Participation of Members of Uttar Pradesh Legislative Assembly (2012-2017)

The Election Commission recently announced the poll schedule for the assembly elections in Uttar Pradesh. In this context, data on the composition of the 16th Uttar Pradesh Legislative Assembly (2012-...

by Jhalak Kakkar | On 10 Jan 2017

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

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

by Pratap Ranjan Jena | On 10 Jan 2017

From Struggle to Law Reform: Eliminating Incarceration of Children as adults in Jails in India

India’s juvenile Justice Law started its journey in 1919-20 with Indian Jail Committee’s recommendation that children be removed from Jails. This mandate remains unfulfilled till date. One will stil...

by HAQ Centre for Child Rights HAQCRC | On 23 Dec 2016

Bank Lending and Loan Quality: The Case of India

This paper analyses how non-performing loans (NPLs) of Indian banks behave through the cycle. We find that a one-percentage point increase in loan growth is associated with an increase in NPLs over...

by Pallavi Chavan | On 15 Dec 2016

Poverty Impacts of Agricultural Trade Reforms

The impact of trade policy on poverty, food security and inequality in developing countries is at the centre of a crowded international debate on the role of international trade in development. Develo...

by United Nations Environment Programme UNEP | On 24 Nov 2016

China’s Rural-Urban Migration: Structure and Gender Attributes of the Floating Rural Labor Force

This article focuses on Chinese female rural migrant workers. Based on the survey data collected in Anhui and Sichuan provinces of China, the article investigates gender aspects of Chinese rural-urban...

by | On 22 Nov 2016

Rethinking Poverty: Report on the World Social Situation 2010

This Report on the World Social Situation seeks to contribute to rethinking poverty and its eradication. It affirms the urgent need for a strategic shift away from the market fundamentalist thinking,...

by United Nations (UN) | On 17 Nov 2016

Asymmetric Impact of Relative Price Shocks in Presence of Trend Inflation

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

by Sartaj Rather | On 16 Nov 2016

Strategies to Tackle the Issue of Black Money in India

Economists and social scientists have shown considerable interest in recent years to measure the gap between the observable economic activity and the actual economic activity. This has led to the conc...

by | On 09 Nov 2016

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

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

by Asian Development Bank Institute | On 04 Nov 2016

Nonviolent Resistance in 1916-1947

The speech talks about the nationalist struggle against the British rule led by Gandhi, as well as a range of other contemporary protest campaigns. In particular, this movement is examined in the ligh...

by David Hardiman | On 28 Oct 2016

Costs and Benefits of Urbanization: The Indian Case

Urbanization has both benefits and costs. In a market economy, the trade-off between benefits and costs determines the level, speed, and place of urbanization. This paper summarizes research finding...

by Kala Seetharam Sridhar | On 28 Oct 2016

Laws and Institutions Relating to Environmental Protection in India

This paper deals with the evolution of laws, institutions and polices relating to environmental protection in India. It considers the following questions : (a) whether the laws are evolved indigenou...

by U. Sankar | On 28 Oct 2016

On Measuring Uncertainty: Snakes and Ladders

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

by | On 18 Oct 2016

Will China’s Demographic Transition Exacerbate Its Income Inequality? A CGE Modeling with Top-down Microsimulation

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

Glimpsing the End of Economic History? Unconditional Convergence and the Missing Middle Income Trap

This paper suggests a reinterpretation of global growth—encompassing notions of unconditional convergence and the middle income trap—in the past 50 years through the lens of growth theory. Two modes o...

by Sutirtha Roy | On 10 Oct 2016

Regime Shifts in India’s Monetary Policy Response Function

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

by Lokendra Kumawat | On 10 Oct 2016

Outward FDI, Exports and Technological Efforts: A Study of Indian Manufacturing Firms

In this study the hypotheses that the choice between OFDI and export decision of the firms depends on the firm level productivity is tested. Here, the productivity levels of OFDI firms vis a vis exp...

by Ronny Thomas | On 03 Oct 2016

Spillovers from FDI and Decision to Export by the Domestic Firms: The case of select Indian industries

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

Integrated Model of Computable General Equilibrium and Social Cost Benefit Analysis of an Indian Oil Refinery: Future Projections and Macroeconomic Effects

Social Cost Benefit Analysis has long been used as a useful tool to appraise the value of a range of investment projects. Various aspects of this method have been subject to scrutiny over the decade...

by Shovan Ray | On 30 Sep 2016

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

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

by Sunder Ramaswamy | On 29 Sep 2016

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

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

by Satish Y Deodhar | On 23 Sep 2016

National Income Accounting When Firms Insure Managers: Understanding Firm Size and Compensation Inequality.

Among U.S. publicly traded firms, the average firm's capital share has declined, even though the aggregate capital share has increased. This paper attributes the secular increase taken together capita...

by Barney Glaser | On 22 Sep 2016

Asset Quality of Indian Banks: Way Forward

The Indian banks in general, and the Public Sector Banks (PSBs) in particular, are grappling with the huge stock of stressed assets that has piled up in the system over the years. Any amount of discus...

by N.S. Viswanathan | On 19 Sep 2016

The Indian Steel Sector: Development and Potential

The Indian steel industry has made a rapid progress on strong fundamentals over the recent few years. The industry is getting all essential ingredients required for dynamic growth. The government is b...

by | On 19 Sep 2016

A Study of Energy Efficiency in the Indian Iron and Steel Industry

The report begins with an overview of the Iron and Steel Industry in the context of its importance to Indian economy and introduces the objective of this study. The status of the industry by productio...

by | On 19 Sep 2016

Climate Change and Health Preparedness in India

Current efforts to address global warming largely focus on mitigating climate change. However, in light of predictions of increased temperatures, rising sea levels, and changing disease patterns in In...

by | On 14 Sep 2016

For a Free and Fair Sporting Sector in India

The question that this report seeks to answer is: ‘which one can be a successful model in sports in India: Planned Approach or a Spontaneous Order?’ The study explains that planned sporting activities...

by Rahul V. Kumar | On 09 Sep 2016

Development of Grassroots and Youth Football in India: Current and Future Opportunities

According to the Basketball Federation of India, Basketball is now the fastest-growing sport among boys and girls, with five million participants-which they claim is second only to soccer 2 The Indian...

by | On 09 Sep 2016

Health Spending, Macroeconomics and Fiscal Space in Countries of the World Health Organization South-East Asia Region

The paper examines the issues around mobilization of resources for the 11 countries of the South-East Asia Region of the World Health Organization (WHO), by analysing their macroeconomic situation, he...

by | On 07 Sep 2016

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

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

by Deepthi Mary Mathew | On 07 Sep 2016

The Independence of the Central Bank

Central banking does not mean just rates cuts and rate rising. There are many decisions to be taken sometimes unpopular or hard-to-explain ones, to be made under conditions of extreme uncertainty. The...

by Raghuram G. Rajan | On 06 Sep 2016

Abductive Reasoning in Macroeconomics

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

School Feeding and Learning Achievement: Evidence from India’s Midday Meal Program

We study the effect of the world’s largest school feeding program on children’s learning outcomes. Staggered implementation across different states of a 2001 Indian Supreme Court Directive mandating t...

by | On 30 Aug 2016

Picking the Winner: Measuring Urban Sustainability in India

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

by B.Sudhakara Reddy | On 29 Aug 2016

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

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

by | On 24 Aug 2016

Higher Education In India: Issues, Concerns and New Directions

With the explosive growth of knowledge in the past century and with the development of handy tools of information and communication technologies as well as of other scientific innovations, competiti...

by University Grants Commission UGC | On 17 Aug 2016

Optimal Domestic (And External) Sovereign Default

Infrequent but turbulent episodes of outright sovereign default on domestic creditors are considered a “forgotten history” in Macroeconomics. This paper proposes a heterogeneous-agents model in which...

by Pablo D'Erasmo | On 17 Aug 2016

Macroeconomic Determinants of Remittances in South Asian countries: A Dynamic Panel Study

The study attempts to identify the macroeconomic determinants of remittance inflows in South Asian countries. It uses additively separable utility function as theoretical framework and the Arellano-Bo...

by | On 16 Aug 2016

Brain Drain Versus Brain Gain: The Study of Remittances in Southeast Asia and Promoting Knowledge Exchange Through Diasporas

The study attempts to identify the macroeconomic determinants of remittance inflows in South Asian countries. It uses additively separable utility function as theoretical framework and the Arellano-Bo...

by | On 16 Aug 2016

Infrequent but Long-Lived Zero-Bound Episodes and the Optimal Rate of Inflation

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

Can “Make In India” Make Jobs? The Challenges of Manufacturing Growth and High–Quality Job Creation in India

A new “Make in India” campaign to “transform India into a global manufacturing hub” aims to use manufacturing as a vehicle for job growth. Is this strategy realistic? This paper helps answer the quest...

by | On 10 Aug 2016

Will Services be the New Engine of Economic Growth in India?

This paper revisits the role of manufacturing and services in economic development in the light of the following new facts: (a) a faster growth of services than that of manufacturing in many developin...

by | On 08 Aug 2016

China and Socialist Countries: Role Change and Role Continuity

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

by | On 05 Aug 2016

Policy and Evidence

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

Heterogeneity and Unemployment Dynamics

This paper develops new estimates of flows into and out of unemployment that allow for unobserved heterogeneity across workers as well as direct effects of unemployment duration on unemployment-exit p...

by Hie Ahn | On 26 Jul 2016

Social Sector in India: Issues and Challenges

The social sector is usually defined as dealing with social and economic activities carried out for the purposes of benefiting society, and in the main nonprofit, not-for-profit, philanthropic and mis...

by Padmaja Mishra | On 19 Jul 2016

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

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

by Ajeet Mathur | On 18 Jul 2016

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

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

Keeping the South China Sea in Perspective

The South China Sea disputes involve the interests of the United States, particularly with regard to freedom of navigation, international norms and law, relations with important partners and allies, a...

by | On 13 Jul 2016

Evolution of the insolvency framework for non-financial firms in India

In this paper, the evolution of the corporate insolvency resolution framework, with the objective of linking it back to the policy directive of the time is described. It is concluded that when policy...

by Rajeswari Sengupta | On 09 Jul 2016

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

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

by Jaimini Bhagwati | On 07 Jul 2016

State-Focused Roadmap to India’s “Vision 2030”

By 2030, India will be amongst the youngest nations in the world with nearly 150 million people in the college-going age group. By 2030, the already existing challenges for Indian higher education – a...

by | On 07 Jul 2016

Capabilities and Skills

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

by James J. Heckman | On 28 Jun 2016

Dedicated High Speed Rail Network in India: Issues in Development

This paper examines issues with regards to route fixation, choice of technology partner and need for standards, location of stations, choice of grade level, choice of gauge and inter-operability of tr...

by G Raghuram | On 28 Jun 2016

Eradication of Child Labour- Socio–Legal Challenge and Judicial Activism in India

According to the NSSO (66th round of Survey) on Child Labour in Major Indian States, 2009-10 in the (Age group 5-14) is 49.83 lakh. Poverty and social conditions of the family are main reasons childre...

by | On 27 Jun 2016

Talent Management Systems in Indian Pharmaceutical Firms: Exploring an Emerging Typology

This study has explored the implementation of talent management process in pharmaceutical industry in India through a case study approach. Data was collected from top management and senior managers in...

by Kirti Sharda | On 24 Jun 2016

Towards Increasing Off-Farm Income Opportunities for Farmers

Small land holders dominate Indian agriculture, and need off-farm income for survival. Analysis shows that for sufficient off-farm income opportunities, growth in agriculture, manufacturing, or touri...

by Brajesh Jha | On 22 Jun 2016

Job Creation in a Multi-Sector Labor Market Model for Developing Economies

This paper proposes an overlapping generations multi-sector model of the labor market for developing countries with three heterogeneities – heterogeneity within self-employment, heterogeneity in abili...

by Arnab K. Basu | On 22 Jun 2016

Meta-Analysis for Online Retail Performance

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

by Dheeraj Sharma | On 22 Jun 2016

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

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

by Jaimini Bhagwati | On 22 Jun 2016

The Fight against Inflation: A Measure of our Institutional Development

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

by Raghuram G. Rajan | On 21 Jun 2016

Prosumers in Bengaluru: Lessons for Scaling Rooftop Solar PV

The City of Bengaluru in the Indian state of Karnataka is making progress on rooftop solar PV installations, mainly through its utility implemented net-metering program. Yet, much more needs to be don...

by Sarah Martin | On 17 Jun 2016

Income Mobility among Social Groups in Indian Rural Households: Findings from the Indian Human Development Survey

The paper analyses income mobility across different social groups in India using data from the Indian Human Development Survey (IHDS) collected in 2004–05 and 2011–12. Indices signifying different n...

by Thiagu Ranganathan | On 16 Jun 2016

Evaluating Labour Market Policy

This pper reviews major approaches and findings on the evaluation of the impact of different labour market institutions but pays particular attention to active labour market policies that play an impo...

by Werner Eichhorst | On 15 Jun 2016

Ministry of Finance and Planning Annual Report 2010

This paper contains the annual report 2010 of Ministry of Finance and Planning, Government of Sri Lanka.

by Ministry of Finance and Planning, Govt of Sri Lanka | On 15 Jun 2016

The Value of Private Schools: Evidence from Pakistan

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

by | On 09 Jun 2016

From ‘Look East’ to ‘Act East’ Policy: Continuing with an Obfuscated Vision for Northeast India

The paper deals with the above issues by analyzing the scenario in NEI, as to how the region with its present status fits into the LEP regime. In this regard, the contemporary ma...

by Gorky Chakraborty | On 06 Jun 2016

Impact of Trade Liberalisation on Employment: The Experience of India’s Manufacturing Industries

The Indian economy has entered a phase of high growth in the recent years, after a long period of low growth. Since economic growth itself is not sufficient to achieve economic development, the concer...

by | On 01 Jun 2016

Environmental Roles of Agriculture in India

The environmental impacts generated by agricultural activity could be global or regional or national or local. However, they are site-specific and tend to vary with farming systems, technologies used...

by | On 01 Jun 2016

'Steal This Book'

The extent of plagiarism in India is yet to be reckoned. Does rote learning encourage plagiarism? Does the lack of training in proper ways of acknowledging sources lead to inadvertant plagiarism? Thes...

by Shambhu Ghatak | On 30 May 2016

Golden Wheat Becomes More Golden Extending SRI to Wheat

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

Elephants in the Room: Challenges for India as an Emerging Development Partner

Emerging powers are re-shaping the norms and practices of international development. As the Indian economy continues to grow and the country bids for a seat at the great power table, the ambitions of...

by Tanoubi Ngangom | On 26 May 2016

Upgrading in the Indian Garment Industry: A Study of Three Clusters

This paper examines the process of upgrading of the Indian garment industry through a survey of 100 firms in three clusters in Delhi National Capital Region (NCR), Tirupur, and Mumbai in 2012. Upgradi...

by | On 25 May 2016

The Other Side of Indian Demographics: Accelerating Growth in Ageing and its Challenges

A primary survey of older adults was conducted in seven rapidly ageing states including Odisha, West Bengal, Maharashtra, Himachal Pradesh, Punjab, Tamil Nadu, and Kerala (Alam et al. 2012). This...

by Moneer Alam | On 25 May 2016

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

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

by Indrani Chakraborty | On 23 May 2016

Innovation (and Upgrading) in the Automobile Industry: The Case of India

This paper focuses on the automobile industry and examines the nature of global value chains in it with reference to the case of India. The aim is to explore the relation between lead firms, particula...

by Saon Ray | On 23 May 2016

National Intellectual Property Rights (IPR) Policy

Creativity and innovation have been a constant in growth and development of any knowledge economy. There is an abundance of creative and innovative energies flowing in India. India has a TRIPS compl...

by Department of Industrial Policy & Promotion DIPP | On 19 May 2016

Does Size Matter? The Productivity of Government Expenditures and the Size of States: Evidence from India

Some politicians argue for the splitting and combining of states to increase government productivity, but there is a dearth of empirical evidence on the optimal size of a state. Using data from Indian...

by Cornelis Haasnoot | On 18 May 2016

Know the Biological Diversity Act (2002) and the Rules (2004) Better!

The Act covers conservation, use of biological resources and associated knowledge occurring in India for commercial or research purposes or for the purposes of bio-survey and bio-utilisation. It prov...

by National Biodiversity Authority NBA | On 17 May 2016

Quality of Social Science Research in India

There is a growing recognition of the importance of academic research in India and is being monitored by public institutions. However the focus in these assessments has remained largely confined to...

by Amit S. Ray | On 16 May 2016

Time is Running Out: Does Mumbai have Enough Water?

Mumbai has the potential to become one of the world’s ideal cities in terms of sustainable water management. With abundant natural and perennial water sources around it, the megacity is currently one...

by Dhaval D Desai | On 10 May 2016

The Trade Marks Act, 1999

Indian trademark law statutorily protects trademarks as per the Trademark Act, 1999 and also under the common law remedy of passing off. Statutory protection of trademark is administered by the Contro...

by Ministry of Commerce and Industry GOI | On 09 May 2016

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

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

by Mohana Mondal | On 09 May 2016

Factors Impacting Railway Freight Traffic in India

The Indian Railway (IR) system is one of the four railway systems in the world that transports more than one billion tonnes of traffic annually. As against a growth of 4 per cent to 4.5 per cent in t...

by Saurabh Bandyopadhyay | On 09 May 2016

India Policy Forum 2014 - 2015

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

by Shekhar Shah | On 09 May 2016

Issues in India's External Sector

The lecture examines the recent developments in the external sector and address some critical issues such as the appropriate level of current account deficit, exchange rate policy, adequacy of reserve...

by C. Rangarajan | On 06 May 2016

Monetary Transmission in Developing Countries: Evidence from India

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

by | On 02 May 2016

India's Energy Transition - Pathways for Low-Carbon Economy

The transition to a low carbon economy heralds an economic and social transformation that is exciting as well as challenging. The challenges that face India include: enhancing economic opportunities a...

by | On 02 May 2016

Bofors Redux

Whether it was the Bofors gun in 1986 or Italian helicopters in 2012, a leak or disclosure at the source overseas is like dynamite, and usually impossible to refute.

by T.N. Ninan | On 30 Apr 2016

A Survey on Impact of Social Media on Election System

Social media is the primary resource for the information retrieval. Using the text mining field; huge amount of unstructured textual data collected by social media can be converted and displayled as u...

by Nilesh Alone | On 28 Apr 2016

Reducing Child Marriage in India: A Model to Scale Up Results, New Delhi, 2016

This paper presents a model for contextual strategizing and scaling up of interventions to accelerate the pace of reduction of child marriage, with particular reference to India, and within India with...

by Jyotsna Jha | On 18 Apr 2016

Indian Copyright Act, 1957

Copyright is a bundle of rights given by the law to the creators of literary, dramatic, musical and artistic works and the producers of cinematograph films and sound recordings. The rights provided un...

by Ministry of Law and Justice GOI | On 12 Apr 2016

Does Greater Autonomy among Women Provide the Key to Better Child Nutrition?

The paper examine the link between a mother’s autonomy – the freedom and ability to think, express, act and make decisions independently – and the nutritional status of her children. There is a desig...

by Wiji Arulampalam | On 08 Apr 2016

Youth in India: Challenges of Employment and Employability

Using the NSSO Employment and Unemployment Survey Rounds as the basis, this paper examines questions of unemployment, employment and human capital formation among Indian youth belonging to various s...

by Rajendra P. Mamgain | On 05 Apr 2016

Budget 2016-17 & The Indian Economy

A brief summary by Niti Aayog about the pre and post 2016-17 Indian Budget Analysis.

by Arvind Panagariya | On 28 Mar 2016

Budget Speech Haryana: 2016-17

Budget Speech of Finance Minister of Haryana.

by Capt. Abhimanyu | On 22 Mar 2016

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

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

by | On 22 Mar 2016

The Economic Impact of Child Labour

The paper contains a theoretical discussion and a literature survey on the economic impact of child labour. Three main categories of economic impact of child labour are analysed: 1) the effects of chi...

by Rossana Galli | On 21 Mar 2016

The Caste Gender System - A Necessary Analytic of Experience?

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

by Ritu Sen Chaudhuri | On 21 Mar 2016

Impact of JNNURM and UIDSSMT/ IHSDP Programmes on Infrastructure and Governance Outcomes in Cities/ Towns in India

The paper is based on a review of the available official data and the existing literature on the Missions. It is divided into three broad sections. The first analyzes data available from the official...

by Lalitha Kamath | On 21 Mar 2016

Rural-Urban Linkages and Socio-Economic Development: A Case Study Of Two Villages In Gujarat

Rural-urban linkages are both a cause and a consequence of socio-economic development. Though there is a vast volume of literature on this subject, there are quite a few gaps in our knowledge about th...

by RS Pundir | On 20 Mar 2016

Does Environmental Kuznet’s Curve Exist For Indoor Air Pollution? Evidence From Indian Household Level Data

Existence of Environmental Kuznet’s Curve (EKC) is an empirical issue to analyze as evidence from the literature has been mixed. This study focuses on indoor air pollution generated from the use of fu...

by K.S. Kavi Kumar | On 16 Mar 2016

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

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

by Anchal Arora | On 16 Mar 2016

Trade and Wage Inequality: A Specific Factor Model with Intermediate Goods

In this paper we have made an attempt to explain the observed rising inequality between unskilled and skilled wages, or, fall in relative wages of unskilled labour within a general equilibrium framewo...

by Alokesh Barua | On 16 Mar 2016

What Attracts FDI in Indian Manufacturing Industries?

This paper examines the pattern of inward FDI at the disaggregated industry level (NIC 3- digit), and test for the industry-specific characteristics that have been significant in attracting foreign in...

by Rashmi Rastogi | On 16 Mar 2016

Do Foreign Banks in India Indulge in Cream Skimming?

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

by Mandira Sarma | On 16 Mar 2016

Optimizing Public Expenditure Allocations between Secondary and Higher Education

With a view to define a balance in the allocation of public expenditure across secondary education and higher education, this paper compares, the relative contributions of public expenditures on secon...

by Vijay P. Ojha | On 16 Mar 2016

The Enigma of the ‘Indian Model’ of Development

The paper is an attempt to unveil the enigma of the ‘Indian model’ of development. After discussing the evolution of India’s development policies over the last six decades, the paper attempts to unfol...

by Amit S. Ray | On 16 Mar 2016

Environmental Policy in a Federation with Special Interest Politics and Inter-governmental Grants

The paper explores the potential effect of intergovernmental grants (IGG) on sub-national (local) environmental policy in a federal structure. In the model, a politically-inclined local government rec...

by Divya Datt | On 15 Mar 2016

Imperfect Certification under Cournot Duopoly

Environmental quality is often a credence good and consumers are unable to distinguish between green and brown products. The paper aims to investigate the role of certification in providing informatio...

by Charu Grover | On 15 Mar 2016

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

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

by Sonia Mukherjee | On 15 Mar 2016

Science Research and Knowledge Creation in Indian Universities: Theoretical Perspectives and Econometric Evidence

This paper presents an economic analysis of science research and knowledge creation in Indian universities. We posit that faculty’s research effort is an outcome of her optimum time allocation decisio...

by Sabyasachi Saha | On 15 Mar 2016

Capital Flows and the Impossible Trinity: The Indian Experience

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

by Abhijit Sen Gupta | On 15 Mar 2016

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

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

by Asian Development Bank Institute | On 15 Mar 2016

Asia SME Finance Monitor 2014

Asia has been continuously growing, and this growth has alleviated poverty and increased the number of middle income countries in the region. However, the recent regional and global economic slowdown...

by Asian Development Bank Institute | On 15 Mar 2016

Financial Soundness Indicators for Financial Sector Stability in Bangladesh

This report describes the development of financial soundness indicators for Bangladesh and analyzes how these can help identify key challenges to support financial sector stability in the country.

by Asian Development Bank Institute | On 15 Mar 2016

Global Spillovers and Monetary Policy Transmission in India

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

by Michael Debabrata Patra | On 14 Mar 2016

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

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

by Han Ye | On 14 Mar 2016

Reducing Child Marriage in India : A Model to Scale Up Results

This report is the result of efforts to develop strategies to accelerate the decline of child marriage in India. It breaks new conceptual ground and applies a broad social policy and governance framew...

by Debanita Chatterjee | On 14 Mar 2016

India in the Global Economy

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

by Raghuram G. Rajan | On 14 Mar 2016

Towards Rules of the Monetary Game

There are few areas of robust growth around the world, with the IMF repeatedly reducing its growth forecasts in recent quarters. This period of slow growth is particularly dangerous because both ind...

by Raghuram G. Rajan | On 14 Mar 2016

Shifting Preferences at the Fed: Evidence from Rolling Dynamic Multipliers and Impulse Response Analysis

The existing empirical literature on Taylor-type interest rate rules has failed to achieve a robust consensus. Indeed, the relatively common finding that the Taylor principle does not hold has fueled...

by Matthew Greenwood Nimmo | On 13 Mar 2016

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

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

by Sreejata Banerjee | On 13 Mar 2016

Can the Learnability Criterion Ensure Determinacy in New Keynesian Models?

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

by Patrick Minford | On 13 Mar 2016

Deep Seabed Minerals: A New Frontier in the Pacific Region

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

by | On 12 Mar 2016

Toward Crisis Management in East Asia’s Seas

Maritime disputes in in the East and South China Seas escalated in 2013 and remain locked in a dangerous cycle of action and reaction with the attendant danger of a direct military confrontation betwe...

by | On 12 Mar 2016

Productivity, Energy Intensity and Output: A Unit Level Analysis of the Indian Manufacturing Sector

This study examines the Total Factor Productivity (TFP) growth of the preexisting units on a balanced sample for ten years (1998-1999 to 2007- 2008) following the Levinsohn and Petrin (2003) technique...

by Santosh Kumar Sahu | On 11 Mar 2016

Mergers and Acquisitions in the Indian Pharmaceutical Sector

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

by Nikita Agarwal | On 11 Mar 2016

Recreational Value of Coastal and Marine Ecosystems in India:A Partial Estimate

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

Effect of Macroeconomic News Releases on Bond Yields in India China and Japan

This paper studies the effect of domestic macroeconomic news releases on the change in the bond yields of India, China and Japan. We apply event study method to observe whether the large set of new in...

by Sreejata Banerjee | On 10 Mar 2016

Female Headed Households And Poverty: Analysis Using Household Level Data

The relationship between gender and poverty is a complex and debatable topic more than ever and thus a potential area for policy makers to focus. The aim of this paper is to review existing literature...

by Sukanya Das | On 10 Mar 2016

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

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

by Sartaj Rather | On 10 Mar 2016

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

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

by Subhra Choudhury | On 10 Mar 2016

Is Financial Inclusion Cause or Outcome? A State-Wise Assessment in India

Financial inclusion is considered as cause as well as outcome of inclusive growth. This study tries to construct a comprehensive measure of financial inclusion and evaluate the extent of financial inc...

by Shrabani Mukherjee | On 10 Mar 2016

Does Corporate Governance Matter in Determinants and Use of Cash: Evidence from India

Our study investigates the determinants and use of cash holdings by Indian companies. Using a large sample of manufacturing firms that are publicly traded on Bombay Stock exchange for the period of 19...

by Ekta Selarka | On 10 Mar 2016

Consumer’s Acceptance towards Genetically Modified Crops and Growth of the Economy: A Theoretical Approach

This paper develops a three-sector theoretical growth model to capture the role of consumers’ acceptance towards the second generation of genetically modified (GM) crops in the long run growth process...

by Arpita Ghose | On 10 Mar 2016

Tariff Reduction and Functional Income Distribution in Pakistan: A CGE Model

The specific question to be explored in this study is: whether or not trade liberalisation (tariff reduction) policies improve income distribution and reduce poverty in Pakistan?

by Rizwana Siddiqui | On 10 Mar 2016

Critical Review of Literature on Computable General Equilibrium Models

This model focuses on sectoral allocation of capital and labour and distribution of sectoral output. Second, Harberger-Scarf-Shoven-Whalley models, which have their roots in welfare economics. Third,...

by Zafar Iqbal | On 10 Mar 2016

Pension System Reforms for Pakistan: Current Situation and Future Prospects

The study deals with pension system reforms for the Pakistan economy and highlights the current situation and future prospects. The study presents an overview of the problems prevailing in current pay...

by Umaima Arif | On 10 Mar 2016

Spatial Differences and Socio-economic Determinants of Health Poverty

This study has three objectives: first, to construct a health poverty index (HPI) for Pakistan using household data from Pakistan Social and Living Standards Measurement (PSLM) survey 2012-13; second,...

by Nasir Iqbal | On 10 Mar 2016

Designing Contracts for the Global Fund: Lessons from the Theory of Incentives

This paper uses contract theory to suggest simple contract designs that could be used by the Global Fund. Using a basic model of procurement, we lay out five alternative options and consider when each...

by Liam Wren-Lewis | On 10 Mar 2016

Climate Change Economics: A Review on Theoretical Understanding and Controversies

The neo-classical economics literature incorporated the notion of environment during the mid 20th century, but climate change has found its place in the economics discourse during the early 1980s. Dur...

by Unmesh Patnaik | On 09 Mar 2016

German Varieties of Capitalism and Varieties of Macroeconomic Policy: Are Some Economies More Procyclical Than Others?

The role of macroeconomic policy in the different varieties of capitalism has been largely ignored. Recent contributions to the literature have argued that nonliberal economies should be expected to h...

by | On 09 Mar 2016

Models of Affective Decision-making: How do Feelings Predict Choice?

Intuitively, how we feel about potential outcomes will determine our decisions. Indeed, one of the most influential theories in psychology, Prospect Theory, implicitly assumes that feelings govern cho...

by Caroline J. Charpentier | On 09 Mar 2016

Mass Education or a Minority Well Educated Elite in the Process of Development: the Case of India

This paper analyses whether in developing countries mass education is more growth enhancing than to have a minority well educated elite. Using the Indian census data as a benchmark and enrollment rate...

by Amparo Castelló-Climent | On 09 Mar 2016

Indian Exceptionalism? A Discussion on India’s Experiment with Constitutional Secularism

This paper speaks to the sense of unease by trying to follow the implications of what it might mean to take the sense of threat to liberal values seriously. That is, to attempt identification of the l...

by Mathew John | On 09 Mar 2016

Contrarian Lives: Christians and Contemporary Protest in Jharkhand

This paper is a preliminary attempt to assess the impact of Christian social activists on issues facing adivasis in the state of Jharkhand in contemporary India. This has been prompted by a few factor...

by Sushil J. Aaron | On 09 Mar 2016

Bringing Power Back In: A Review of the Literature on the Role of Business in Welfare State Politics

What is the impact of business interest groups on the formulation of public social policies? This paper reviews the literature in political science, history, and sociology on this question. It identif...

by | On 08 Mar 2016

Where and How Are Roads Endangering Mammals in Southeast Asia’s Forests?

Habitat destruction and overhunting are two major drivers of mammal population declines and extinctions in tropical forests. The construction of roads can be a catalyst for these two threats. In South...

by Gopalasamy Reuben Clements | On 03 Mar 2016

Economic and Political Relations Between Bhutan and Neighbouring Countries

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

by | On 02 Mar 2016

Japanese-Chinese Territorial Disputes in the East China Sea – Between Military Confrontation and Economic Cooperation.

This paper analyses the various legal, political, military and economic circumstances of the two territorial disputes in the ECS, and it evaluates the approaches by both sides to turn the ECS from a `...

by Reinhard Drifte | On 01 Mar 2016

Decentralization and Local Service Provision : What Do We Know?

What do we know about the results of decentralized service delivery? Verifying outcomes and results of decentralized policies is a very challenging exercise, given the large number of stakeholders inv...

by Ehtisham Ahmad | On 01 Mar 2016

Liberalization, Globalization And The Dynamics Of Democracy In India

In the closing decades of the twentieth century there has been an almost complete intellectual triumph of the twin principles of marketization (understood here as referring to the liberalization of do...

by D M NACHANE | On 01 Mar 2016

Should China Revisit the 1994 Fiscal Reforms?

The 1994 Fiscal Reforms in China were spectacularly successful in meeting the immediate challenges that the economy faced at that time—a sharply dropping tax/GDP ratio, and limited ability of the cent...

by Ehtisham Ahmad | On 01 Mar 2016

Railroads of the Raj: Estimating the Impact of Transportation Infrastructure

How large are the benefits of transportation infrastructure projects, and what explains these benefits? To shed new light on these questions, I collect archival data from colonial India and use it to...

by Dave Donaldson | On 29 Feb 2016

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

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

by K.C. Fung | On 29 Feb 2016

The Challenge of Employment in India An Informal Economy Perspective - Vol - II

In this paper a new set of measures of labour force, employment and unemployment has been suggested which we believe would be better suited for many purposes than those currently in use. New measures...

by National Commission for Enterprises in the Unorgan NCEUS | On 29 Feb 2016

Union Budget Speech 2016

Budget speech by Finance Minister Arun Jaitley.

by Arun Jaitley | On 29 Feb 2016

Corporate Debt Market in India: Key Issues and Some Policy Recommendations

This paper presents an overview of the corporate debt market in India. A study of the structure and the status of the corporate debt market along with the current policies initiated by Securities and...

by M. T. Raju | On 28 Feb 2016

Satyam Failure and Changes in Indian Audit Committees

Audit committees have received considerable attention globally in recent years. We examine the effects of the Satyam failure on changes in the composition and functioning of Indian audit committees. A...

by R. Narayanaswamy | On 27 Feb 2016

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

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

by Madalasa Venkataraman | On 27 Feb 2016

The Near-Eastern Roots of the Neolithic in South Asia

The Fertile Crescent in the Near East is one of the independent origins of the Neolithic, the source from which farming and pottery-making spread across Europe from 9,000 to 6,000 years ago at an aver...

by Kavita Gangal | On 27 Feb 2016

Divergence and Convergence of Firm-level Best Practices: the Case of Bajaj and Hero-Honda in India’s Two-wheeler Industry

Literature in economic development shows how countries diverge and converge in economic growth owing to technological change and capital accumulation. This paper examines micro level issues of competi...

by Murali Patibandla | On 27 Feb 2016

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

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

by Rohit Gupta | On 27 Feb 2016

A Model of Gender Inequality and Economic Growth

This paper introduces a model of gender inequality and economic growth that focuses on the determination of women’s time allocation among market production, home production, child rearing, and child e...

by Jinyoung Kim | On 27 Feb 2016

Local Property Taxation and Benefits in Developing Countries - Overcoming political resistance?

While property taxation has existed since ancient times, and the taxation of land has been a mainstay of public finances through the Middle Ages, in both Europe and Asia, it has all but ceased to be a...

by Ehtisham Ahmad | On 26 Feb 2016

Economic Survey 2015-16-Volume I

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

by Arun Jaitley | On 26 Feb 2016

Indirect Inference for Dynamic Panel Models

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

by Christian Gourieroux | On 25 Feb 2016

CO2 Emissions Reduction Strategies and Economic Development of India

This paper examines the consequences of alternative CO2 emission reduction strategies on economic development and, in particular, the implications for the poor by empirically implementing an economy-w...

by N. Murthy | On 25 Feb 2016

Government Debt

The present Status Paper for 2015-16 is fifth in this series and reinforces the Government’s commitment to keep the level of public debt within sustainable limits and follow prudent debt management pr...

by Ministry of Finance GOI | On 25 Feb 2016

Towards Comprehensive Economic Co-operation between India and Central Asian Republics

Despite some recovery in recent years, Central Asian Republics (CARs) remain in difficult economic situation and they present a serious challenge to Asia. It is in the mutual interest of both CARs and...

by Ramgopal Agarwala | On 24 Feb 2016

Grid – Connect Electricity Supply in India

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

Review of Green House Gas Emissions from the Creation of Hydro Power Reservoirs in India

This is a preliminary report for the World Bank regarding emissions of greenhouse gases from hydropower reservoirs in India. The objective of the work, according to the terms-of reference, is, inter a...

by World Bank | On 24 Feb 2016

Shades of Courage – Women & Indian Penal Code Section 498 A

This booklet is aimed at women's groups, activists, students, lawyers, police and all those who are concerned with the debate on violence against women. It provides empirical evidence gathered from po...

by Tata Institue of Social Sciences TISS | On 24 Feb 2016

Global Analysis of an Expectations Augmented Evolutionary Dynamics

We consider a deterministic evolutionary model where players form expectations about future play. Players are not fully rational and have expectations that change over time in response to current payo...

by Massimiliano Landi | On 24 Feb 2016

Report on “Dealing with Energy Vulnerabilities: Case Studies of Cooperation and Collaboration in East Asia”

Much literature on East Asia’s energy security has focused on the dynamics of competition over resources and how potential conflicts could arise from this. While this analytical perspective identifies...

by S. Rajaratnam International Studies | On 23 Feb 2016

Indian Innovation Systems and Emergence of Biopharmaceutical Sector: Issues and Prospects

The prospective entry of generic dominated Indian pharmaceutical sector in the ambit of new technologies is likely to give filip to emergence of strong biopharmaceutical sector.It is pertinent in this...

by Sachin Chaturvedi | On 23 Feb 2016

Civil Society from the BRICS: Emerging Roles in the New International Development Landscape

There is a burgeoning literature on the (re)emergence of the BRICS countries – Brazil, Russia, India, China and South Africa – as significant actors in international development. To date, however, mos...

by Adele Poskitt | On 23 Feb 2016

Central Banking for Financial Stability in Asia

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

by Masahiro Kawai | On 22 Feb 2016

Asymmetry In Government Bond Returns

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

by Ippei Fuijwara | On 21 Feb 2016

A Dynamic Stochastic General Equilibrium Model for India

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

by Parantap Basu | On 21 Feb 2016

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

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

by Govinda Timilsina | On 21 Feb 2016

How Does a Decrease in Oil Production Affect the World Economy?

The world's oil consumption has been increasing for more than a century with a few exceptions. This paper examines the impact of the decrease in oil production on major economies using a computable ge...

by Naohiko Yahaba | On 21 Feb 2016

Climate Change and Migration in Southeast Asia: Responding to a New Security Challenge

Migration and displacement are among the range of pressures on people and their communities likely to arise from the economic, social and environmental consequences of climate change. Despite fragment...

by Lorraine Elliot | On 20 Feb 2016

Euthanasia Regime: A Comparative Analysis of Dutch and Indian Positions

Euthanasia has always been in limelight as a subject matter of debate in the field of medicine and law. The euthanasia debate, being a value debate, seems to have no concrete solution, at least in the...

by Sandeepa Bhat B | On 20 Feb 2016

Does Conservation Agriculture Deliver Climate Change Mitigation Through Soil Carbon Sequestration in Tropical Agro-Ecosystems?

Conservation agriculture (CA), comprising minimum soil disturbance, retention of crop residues and crop diversification, is widely promoted for reducing soil degradation and improving agricultural sus...

by David Powlson | On 19 Feb 2016

Labor Supply Responses to the 1990s Japanese Tax Reforms

The consumption-leisure choice model implies that an exogenous change in tax rates will induce a change in labor supply. This implication is expected to be important to labor supplied by secondary ear...

by Ken Yamada | On 19 Feb 2016

Overseas WMotives and Giving Norms Behind Remittances: The Case of Filipinoorkers and their Recipient Households

The literature has focused on motives to explain remittance behavior. But as non-anonymous transfers, remittances are apt to be influenced by giving norms as well. We formula...

by Michael Alba | On 19 Feb 2016

How Much Do We Know about the Impact of the Economic Downturn on the Employment of Migrants?

The employment shock of late 2008 in the People’s Republic of China (PRC) may have been a product of three different events: (i) the contractionary macroeconomic policies introduced by the government...

by Xin Meng | On 19 Feb 2016

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

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

by Rizwana Siddiqui | On 18 Feb 2016

Budget 2016-17: Industry Expectations

The Government has to not only focus on the Indian Economic scenario but also at the World Economic scenario. The Budget will have to focus on both the long term and short term development plans and h...

by Kiron Nanda | On 18 Feb 2016

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

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

by Richard Washington | On 18 Feb 2016

Perfect Competition

In his 1987 entry on ‘Perfect Competition’ in The New Palgrave, the author reviewed the question of the perfectness of perfect competition, and gave four alternative formalisations rooted in the so-ca...

by M. Ali Khan | On 17 Feb 2016

Determinants of Interest Spread in Pakistan

This study examines the determinants of interest spread in Pakistan using panel data of 29 banks. The results show that inelasticity of deposit supply is a major determinant of interest spread whereas...

by M. Idrees Khawaja | On 16 Feb 2016

Effectiveness of Regulatory Structure in the Power Sector of Pakistan

This paper is an attempt to study the regulatory environment in the electricity sector of Pakistan. NEPRA, a regulatory authority was formed in 1997 to protect consumer interests in the area of electr...

by Afia Malik | On 16 Feb 2016

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

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

by Naoyuki Yoshino | On 16 Feb 2016

Hometown Investment Trust Funds: An Analysis of Credit Risk

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

by Naoyuki Yoshino | On 16 Feb 2016

The Taylor Rule and the Macroeconomic Performance in Pakistan

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

by Wasim Shahid Malik | On 15 Feb 2016

Monetary Policy Objectives in Pakistan: An Empirical Investigation

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

by Wasim Shahid Malik | On 15 Feb 2016

Dynamic Effects of Agriculture Trade in the Context of Domestic and Global Liberalisation: A CGE Analysis for Pakistan

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

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

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

by Sayera Younus | On 15 Feb 2016

On the Communication Policy of the Bangladesh Bank

The current thinking on the subject of the central bank communication policy centres squarely on the transparency with which the bank conveys its beliefs on the evolving pattern of macroeconomic funda...

by Bangladesh Bank BB | On 15 Feb 2016

Need to Push for Inclusive Growth

The major challenge facing the Indian economy at this juncture is to provide a big push to the growth momentum while striking a balance between the much-needed capital expenditure and fiscal consolida...

by S.D Naik | On 15 Feb 2016

Monetary Transmission through Bank Portfolio in Bangladesh

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

by Sayera Younus | On 15 Feb 2016

Interest Rate Spread in Bangladesh: An Analytical Review

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

by Shamim Ahmed | On 15 Feb 2016

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

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

by Rizwana Siddiqui | On 14 Feb 2016

China Buys into Afghanistan

This article examines three elements of the popular narrative of China’s involvement in the development of Afghanistan’s vast natural resource wealth. It argues that Chinese companies invested in Afgh...

by Erica Downs | On 14 Feb 2016

The Political Games in the Taliban Negotiations

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

by Vanda Felbab-Brown | On 14 Feb 2016

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

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

by Attiya Y. Javid | On 14 Feb 2016

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

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

by Attiya Y. Javid | On 14 Feb 2016

Reforming Institutions: Where to Begin?

The theories of institutional evolution put forth by Douglas North, Darron Acemoglu and Dani Rodrik and the historical experiences of different countries in the context of development (or non-developm...

by M. Idrees Khawaja | On 14 Feb 2016

Human Capital vs. Physical Capital: A Cross-Country Analysis of Human Development Strategies

This study estimates a small simultaneous equation model using panel data from sixty-four countries for the years 1996 and 2004. The model is estimated by various techniques—OLS, TSLS, dummy variable...

by Rizwana Siddiqui | On 14 Feb 2016

Horizontal and Vertical Inequalities in India

Indian income inequality reflects the high values typical of most low and middle income economies, well above those observed for the high income LIS countries. There is also substantial variation in i...

by Reeve Vanneman | On 14 Feb 2016

Negotiating Marriage: Examining the Gap between Marriage and Cohabitation in India

Two connected observations often loom large in discussions about marriage in India. The first is that marriage for women on the sub-continent often occurs at a relatively early age, and this is cause...

by Lester Andrist | On 13 Feb 2016

Utilization of Maternal Health Care Services in India: Understanding the Regional Differences

There is great regional variation on utilization of maternal health care services across India. While regional differences have long been established, why women in some states are more likely to utili...

by Sonalde Desai | On 12 Feb 2016

Regulating the Revolving Door

The increased interaction between business and government – as result of privatisations, lobbying and public contracting - has meant increased opportunities for corruption. Conflicts of interest, and...

by Transparency International TI | On 12 Feb 2016

Collaborating for Healthy Living: From Bottlenecks to Solutions

To help lay the groundwork for successful multistakeholder collaborations for healthy living, the World Economic Forum, in collaboration with Bain & Company, has produced the insights brief “Collabora...

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

Transport Policy and Green Technology: Ways to Abate Pollution

With growing urbanization what is required is the ease of transportation. It is now high time that Government Budgets need to have a substantial allocation for this. After all transportation is lifeli...

by Sudakshina Gupta | On 11 Feb 2016

Dropout Rates and Response Times of an Occupation Search Tree in a Web Survey

Occupation is key in socioeconomic research. As in other survey modes, most web surveys use an open-ended question for occupation, though the absence of interviewers elicits unidentifiable or aggregat...

by | On 10 Feb 2016

Rivalry and Cooperation: A New "Great Game" in Myanmar

Myanmar since its reform and opening up has become the locus for a new "Great Game" between the world's major powers. This brings with it new challenges for China which has hitherto been the preeminen...

by | On 08 Feb 2016

Market Design for Altruistic Supply: Evidence from the Lab

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

by Robert Slonim | On 07 Feb 2016

Higher Education Expansion and Labor Market Outcomes for Young College Graduates

We examine the causal impact of China's higher education expansion on labor market outcomes for young college graduates using China's 2005 1% Population Sample Survey. Exploiting variation in the expa...

by Dongshu Ou | On 07 Feb 2016

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

The migrant selection literature concentrates primarily on spatial patterns. This paper illustrates the implications of migration duration for patterns of selection by integrating two workhorses of th...

by Joyce Chen | On 07 Feb 2016

Local Labor Market Conditions and Crime: Evidence from the Brazilian Trade Liberalization

This paper estimates the effect of local labor market conditions on crime in a developing country with high crime rates. Contrary to the previous literature, which has focused exclusively on developed...

by Rafael Dix-Carneiro | On 07 Feb 2016

Algebraic Representation of Social Capital Matrix

This paper proposes a mathematical model based on a Boolean algebra involving a 4×4 social capital matrix [Shah (2008)], that emerges through interaction within and across individuals, communities, in...

by Tariq Shah | On 06 Feb 2016

Price Setting Behaviour of Pakistani Firms: Evidence from Four Industrial Cities of Punjab

Since the introduction of rational expectations in the literature, most of the research focus in the area of macroeconomics has been investigating micro foundations of macroeconomic theory and transmi...

by Wasim Shahid Malik | On 06 Feb 2016

A Dynamic Macroeconometric Model of Pakistan’s Economy

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

by Muhammad Arshad Khan | On 06 Feb 2016

An Empirical Investigation of the Relationship between Food Insecurity, Landlessness, and Violent Conflict in Pakistan

This study is an attempt to examine empirically the association between socio-economic measures of deprivation—such as food insecurity, landlessness, unemployment, and human under-development—and the...

by Sadia Mariam Malik | On 06 Feb 2016

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

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

by Muhammad Javid | On 06 Feb 2016

The Determinants of Food Prices: A Case Study of Pakistan

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

by Henna Ahsan | On 06 Feb 2016

Global Innovation Networks and their Implications for the Multilateral Trading System

This think piece examines the emergence of global innovations networks and their implications for multilateral trade rules. After pointing out, that the WTO agreements were reached with little direct...

by | On 05 Feb 2016

The Inter-linkages between Democracy and Per Capita GDP Growth: A Cross Country Analysis

The empirical growth literature gives no clear indication as to how democracy impacts growth; there is evidence of both positive and negative effects and also of no direct link in democracy and growth...

by Madeeha Gohar Qureshi | On 03 Feb 2016

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

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

by Rashid Amjad | On 03 Feb 2016

Rent Seeking Opportunities and Economic Growth in Transitional Economies

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

Foreign Aid and the Fiscal Behaviour of Government of Pakistan

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

by Rabia Butt | On 03 Feb 2016

What Determines Payment Methods and Deal Amount in Corporate Merger and Acquisitions in Pakistan

The present study examines the determinants of payment mode choice and deal amounts in financial and nonfinancial sectors mergers and acquisitions (M&A) in Pakistan, undertaken during period 2005–2012...

by Yasmeen Akhtar | On 03 Feb 2016

Remittances and Economic Growth: The Role of Financial Development

Remittances and financial developments have been an important and overgrowing source in accelerating the growth process of many transitional economies. The economies that have enough source of remitta...

by Unbreen Qayyum | On 03 Feb 2016

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

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

by Haider Ali | On 03 Feb 2016

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

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

by Abdul Qayyum | On 03 Feb 2016

Evaluation of Gold Investment as an Inflationary Hedge in Case of Pakistan

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

Financial Incentives to Industry

This paper provides details of the decisions made by the Environment Standards Committee (ESC) on Financial Incentives to industry. It also documents the progress made so far in the implementation of...

by Abdul Khan | On 02 Feb 2016

Re-reading the Myth of Fayyadism: A Critical Analysis of the Palestinian Authority’s Reform and State-building Agenda, 2008-2011

ayyadism is a term coined by New York Times columnist Tom Friedman that has gained widespread usage in the media and the quasi-academic literature emanating from various high-profile English-language...

by | On 02 Feb 2016

The “Arab Spring” in the Kingdoms

The revolutions that have rocked the presidential republics of North Africa and the Middle East since early-2011 have garnered intense scholarly and journalistic interest and, in a short time, spawned...

by | On 02 Feb 2016

Financial Reforms - Past and Present

Industrial countries are still struggling, with a few exceptions, to grow. Our fellow BRICS all have deep problems, with confidence about China waxing and waning. India appears to be better in this l...

by Raghuram G. Rajan | On 01 Feb 2016

Research Imperatives for the Indian Banking Sector

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

by S.S. Mundra | On 01 Feb 2016

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

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

by Rajesh Mehta | On 30 Jan 2016

Fiscal Consolidation and Economic Growth: A Case Study of Pakistan

Pakistan’s economy has witnessed occasional spurts in economic growth, unfortunately, the economic growth has not been sustainable. One of the culprits often cited for haphazard growth experience of P...

by Ahmed Waqar Qasim | On 30 Jan 2016

Issues in Statistical Modelling of Human Capital and Economic Growth Nexus: A Cross Country Analysis

The human capital and growth relationship has been subject to a lot of debate in economic literature. The empirical growth models are beset with problems ranging from theoretical frameworks and statis...

by Verda Salman | On 30 Jan 2016

The Day-of-the-Week Anomaly in Market Returns, Volume and Volatility in SAARC Countries

This study investigates extent of market efficiency and presence of day of week effect in stock market indices and volume and volatility in four major SAARC countries, namely Pakistan, Bangladesh, Ind...

by Sumra Abbas | On 30 Jan 2016

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

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

by Sarder Alam | On 29 Jan 2016

Public Expenditure, Employment and Poverty in Bangladesh An Empirical Analysis

The present paper titled Public Expenditure, Employment and Poverty in Bangladesh An Empirical Analysis has been prepared under the CPD-UNDP collaboration programme on Pro-Poor Macroeconomic Policies...

by Centre for Policy Dialogue CPD | On 29 Jan 2016

Poverty-Environment Nexus An Investigation of Linkage and Policy Implications

The present paper titled Poverty-Environment Nexus: An Investigation of Linkage and Policy Implications has been prepared under the CPD-UNDP collaboration programme on Pro-Poor Macroeconomic Policies...

by Centre for Policy Dialogue CPD | On 29 Jan 2016

Cyber Attacks: The Electronic Battlefield

The phenomenon of cyberattacks has produced a host of challenges. This analysis attempts to comprehensively describe the “operational” element of cyberattacks and deal with the notion of cyberspace. I...

by | On 29 Jan 2016

Tracing Qatar’s Foreign Policy and its Impact on Regional Security

Drawing strongly upon recent International Relations literature on the foreign affairs of small states, this paper elaborates several arguments on the trajectory of Qatar’s foreign policy: (1) An “act...

by | On 29 Jan 2016

Industrial Policies in Lower-Middle-Income Countries

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

by | On 29 Jan 2016

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

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

by Vladimir Smakhtin | On 28 Jan 2016

The Costs of Adaptation in Punakha, Bhutan: Loss And Damage Associated With Changing Monsoon Patterns

People in the Himalayan region are confronted with changes due to global warming. Glaciers are melting, leading to changing river flows and an increased risk of floods (Richardson and Reynolds, 2000;...

by Norbu Wangdi | On 28 Jan 2016

Economic Returns to Education: What We Know, What We Don’t Know, and Where We Are Going – Some Brief Pointers

The estimation of the economic return to education has perhaps been one of the predominant areas of analysis in applied economics for over 50 years. In this short note we consider some of the recent d...

by Colm Harmon | On 28 Jan 2016

Youth Unemployment

This paper looks at recent trends in youth unemployment and joblessness and seeks to clarify some issues related to the nature of the youth labour market ‘problem’. During the recession, the prevalenc...

by Niall O’Higgins | On 28 Jan 2016

Global Regulatory Imperatives and Small Firms: Case of the Indian Pharmaceutical Industry

This paper enquires into the implications of the technological paradigm shift for small enterprises. Those who would not consider conforming to the regulatory framework (specifically enlisted under...

by Keshab Das | On 28 Jan 2016

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

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

by B.L. Kumar | On 28 Jan 2016

Economic Growth, Labour Markets and Gender in Japan

The purpose of this paper is not to look at the Japanese growth model, which has been well researched, but to look at women’s employment in the economic development of Japan. The questions that the pa...

by Uma Rani | On 28 Jan 2016

Decentralisation Trajectories with Multiple Institutions: The Case of PIM Programme in India

One of the offshoots of the planned economic development model in India has been the increasing emphasis on effective local governance. With newer models of implementing programmes, incremental steps...

by R Parthasarathy | On 28 Jan 2016

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

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

by Satyajeet Nanda | On 28 Jan 2016

Outward Foreign Direct Investment from India: Recent Trends and Patterns

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

by Jaya Prakash Pradhan | On 28 Jan 2016

Infrastructure and Growth in a Regional Context: Indian States since the 1980s

The central focus of this paper is to underscore emerging patterns and issues in the availability of and access to physical infrastructure in major Indian states during the two decades since the 1980s...

by Keshab Das | On 28 Jan 2016

The 2014 US Farm Bill and its Effects on the World Market for Cotton

Under the 2014 US Farm Bill, US cotton producers will receive significant subsidies which will have trade-distorting effects irrespective of future cotton prices. At a futures market cotton price of U...

by | On 27 Jan 2016

Migration, Health and Dignity in South Asia: Lessons from the EMPHASIS Project on Migration, Women’s Empowerment and HIV in Bangladesh, India and Nepal

The EMPHASIS project (Enhancing Mobile Populations’ Access to HIV and AIDS Services, Information and Support) has provided a diverse range of services to crossborder migrants in India, Nepal and Bang...

by Prabodh Devkota | On 27 Jan 2016

Intellectual Property Rights Protection and Export Diversification: the Application of Utility Model Laws

We examine in this paper the impact of the tightening of IPRs, notably patents rights, and the adoption of utility model laws on export diversification. To perform our analysis, we used panel data cov...

by Kimm Gnangnon | On 26 Jan 2016

Nutritional Deprivation Among Indian Pre-school Children: Does Rural-Urban Disparity Matter?

This paper focuses on a particular aspect of such rural-urban difference, namely nutritional status of children. Over the years it is found that under nutrition among children in India; have declining...

by Rudra Narayan Mishra | On 26 Jan 2016

Overcoming Challenges to Accelerating Linear Growth in Indian Children

Early childhood stunting or linear growth retardation predicts poor human capital. While stunting rates in India are unacceptably high, the decline in stunting over the past decades demonstrates that...

by Harshpal Singh Sachdev | On 26 Jan 2016

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

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

by | On 25 Jan 2016

Total Factor Productivity of the Software Industry in India

This paper uses the Malmquist Productivity Index (MPI) to estimate change in total factor productivity (TFP) and its constituent components for software companies in India during 1999–2008. On average...

by Nira Ramachandran | On 24 Jan 2016

Gender Justice And Social Norms – Processes Of Change For Adolescent Girls

This note proposes an analytical framework for the current phase of the Overseas Development Institute (ODI) programme of research on discriminatory social norms affecting adolescent girls. The curren...

by Caroline Harper | On 24 Jan 2016

Near-Term Inflation Outlook and BB’s Policy Stance

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

by Md. Habibur Rahman | On 23 Jan 2016

Public Debt Sustainability in Bangladesh

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

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

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

by Akhand Akhtar Hossain | On 23 Jan 2016

Volatility of Stock Return in the Dhaka Stock Exchange

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

by Md. Habibour Rahman | On 23 Jan 2016

A Quick Analysis of Deposit Interest Rates Offered by Commercial Banks

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

by Md. Ezazul Islam | On 23 Jan 2016

India and the BRICS Partnership

India and its partners – Brazil, China, Russia and South Africa – in the BRICS forum have launched the New Development Bank. With the leaders of these countries, who recently met at Ufa in Russia, dis...

by | On 23 Jan 2016

Signs of India under Global Re-Focus

A flurry of quick new glances at India from different sections of the international community reflects a surge of interest in a country freshly under Narendra Modi’s leadership of anticipatory asserti...

by | On 23 Jan 2016

Social Cost-Benefit Analysis of Delhi Metro

The growing demand for public transport in mega cities has serious effects on urban ecosystems, especially due to the increased atmospheric pollution and changes in land use patterns. An ecologically...

by Rashmi Singh | On 23 Jan 2016

Rationalizing Interest Rate Spread in the Banking Sector: Some Policy Suggestions

Despite the removal of restrictions and reforms in the banking sector to facilitate the adoption of a market oriented interest rate policy, interest rates are yet to become fully responsive to the mar...

by Bangladesh Bank | On 23 Jan 2016

Trend and Characteristics of Recent Inflation in Bangladesh

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

Five Fingers or One Hand? The BRICS in Development Cooperation

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

by Institute of Development Studies IDS | On 23 Jan 2016

Learning from India's Development Cooperation

India now needs to strengthen and harmonise its institutional mechanisms for development cooperation through clear policy statements. In addition to national foreign policy and economic interests, acc...

by Institute of Development Studies IDS | On 23 Jan 2016

Import Penetration And Price-Cost Margins In Indian Manufacturing Industries

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

by Bishwanath Goldar | On 22 Jan 2016

Modeling Interest Rate Cycles in India

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

by B B Bhattacharya | On 22 Jan 2016

Access, Equity and Inclusion : Ethical Norms and S&T Policy Outcomes

In our research on science policy and inclusion and ethics in S&T policy we identified that in the Indian context Access, Equity and Inclusion (AEI) can be the norms to assess the policy outcomes and...

by Krishna Ravi Srinivas | On 21 Jan 2016

The R&D Scenario in Indian Pharmaceutical Industry

This discussion paper provides an analysis of the impact of these reforms on pharmaceutical R&D in India. It looks into the context in which the reforms were introduced, the nature and trends of R&D e...

by Reji K Joseph | On 21 Jan 2016

The Growth-Employment Relationship Since 2000

This discussion paper is a brief assessment of the employment challenge that become manifest in the Indian economy during the past decade. It analyses various available economic indicators and present...

by Shipra Nigam | On 21 Jan 2016

Debates on Food Technologies in India: R&D Priorities, Production Trends and Growing Expectations

This discussion paper examines the use of three different technological options in the Indian agriculture. It shows that support to organic farming is increasing but at this stage innovation related i...

by Sachin Chaturvedi | On 21 Jan 2016

Quantifying the International Bilateral Movements of Migrants

This paper presents five versions of an international bilateral migration stock database for 226 by 226 countries. The first four versions each consist of two matrices, the first containing migrants d...

by | On 20 Jan 2016

How Does Poverty Affect Migration Choice? A Review of Literature

The aim of this literature review is to examine the links between poverty and migration. Specifically, the paper investigates poverty and vulnerability as determinants of migration. Until recent years...

by | On 20 Jan 2016

Stunting among Children Facts and Implications

Indian children are very short, on average, compared with children living in other countries. Because height reflects early life health and net nutrition, and because good early life health also helps...

by Alessandro Tarozzi | On 20 Jan 2016

Climate Change and Food Systems: Global Assessments and Implications for Food Security and Trade

This book collects the findings of a group of scientists and economists who have taken stock of climate change impacts on food and agriculture at global and regional levels over the past two decades....

by Food and Agricultural Organization [FAO] | On 20 Jan 2016

Identifying Predictors of Childhood Anaemia in North-East India

The objective of this study is to examine the factors that influence the occurrence of childhood anaemia in North-East India by exploring dataset of the Reproductive and Child Health-II Survey (RCH-II...

by S Dey | On 20 Jan 2016

Zinc Status in South Asian Populations—An Update

This article attempts to highlight the prevalence of zinc deficiency and its health and economic consequences in South Asian developing countries and to shed light on possible approaches to combating...

by S Akhtar | On 20 Jan 2016

Neoliberal Development Macroeconomics: A Consideration of its Gendered Employment Effects

This paper expands on this contention, reviewing the primarily empirical research on the employment impacts of the macroeconomic policy environment, with a particular focus on women’s employment whene...

by | On 19 Jan 2016

Nepal: Finding a Way Forward

Nepal is no stranger to Constitution drafting, having gone through six such rounds since 1948, with the seventh culminating in September 2015. This recent exercise, however, was unique as it was condu...

by Rakesh Sood | On 19 Jan 2016

Return of Diasporas: India’s Growth Story vs. Global Crisis

The Indian Diaspora has a powerful influence on the global community where Indians constitute a diverse and a heterogeneous group that shares Indian origin and intrinsic values. Earlier migration was...

by | On 19 Jan 2016

Virtue and Vulnerability: Discourses on Women, Gender and Climate Change

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

Evolution of Capital Structure in East Asia: Corporate Inertia or Endeavours?

The present paper examines the capital structure adjustment dynamics of listed non-financial corporations in seven East Asian countries during 1994-2002. Compared to firms in the least affected countr...

by Sarmistha Pal | On 19 Jan 2016

The Skills They Want: Aspirations of Students in Emerging India

This report investigates student awareness, interests and aspirations around general and vocational education. Using a survey administered to class 12 students in one district each in Rajasthan, Chatt...

by Megha Aggarwal | On 19 Jan 2016

Complaining to the State: Grievance Redress and India’s Social Welfare Programs

Poor implementation of social welfare programs is a chronic challenge in developing countries such as India. Yet, despite the large number of people affected and the serious consequences of implementa...

by Nicholas Robinson | On 18 Jan 2016

Does Clientelism Work? A Test Of Guessability In India

Research on clientelism broadly assumes that local political agents, or brokers, possess fine-grained information on voters’ political preferences, and often can directly or indirectly monitor their v...

by Mark Schneider | On 18 Jan 2016

Whose Side Are You On? Identifying The Distributive Preferences of Local Politicians in India

The literature on decentralized public programs suggests that errors in the targeting of anti-poverty programs are rooted in the capture of these programs by local elites or local politicians. Consist...

by Mark Schneider | On 18 Jan 2016

Are Girls the Fairer Sex in India? Revisiting Intra-Household Allocation of Education Expenditure

This paper revisits the issue of the intra-household allocation of education expenditure with the recently available India Human Development Survey which refers to 2005 and covers both urban and rural...

by | On 15 Jan 2016

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

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

by | On 15 Jan 2016

The Imprudence of Labour Market Flexibilization in a Fiscally Austere World

This paper assesses the effects of combining fiscal austerity with flexibilization policies aimed at reducing labour costs and increasing competitiveness. Core to our analysis is a global perspective...

by | On 11 Jan 2016

Reason, Empathy, and Fair Play: The Climate Policy Gap

To achieve the greatest possible human welfare, the Stockholm Environment Institute’s Climate and Regional Economics of Development (CRED) model calls for rapid reduction of greenhouse gas emissions t...

by | On 11 Jan 2016

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

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

by Asif Mahmood | On 11 Jan 2016

An Aspirational ‘new wave’ of India-Pakistan Dialogue

The success of the new “comprehensive bilateral dialogue”, between India and Pakistan on terrorist strike at an Indian military installation if launched by mid-January 2016 as anticipated, is not ass...

by P S Suryanarayana | On 09 Jan 2016

India-Myanmar Ties: New Hope, Old Despair

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

by Laldinkima Sailo | On 09 Jan 2016

State of Injustice: The Indian State and Poverty

The paper throws light on the view that the Indian state has been one that has been perpetrated by injustice irrespective of a series of ground-breaking legislative acts that enshrine a number of soci...

by John Harriss | On 09 Jan 2016

Indian Military Diplomacy: Humanitarian Assistance and Disaster Relief

The paper focuses on India’s approach to collaboration on Humanitarian Assistance and Disaster Relief with major powers and within various regional initiatives. This paper begins with a brief review o...

by C. Raja Mohan | On 09 Jan 2016

Is India Making Waves in South China Sea?

The South China Sea (SCS) disputes are regarded as one of the most difficult regional conflicts in the Asia-Pacific, in an ‘arena of escalating contention. This paper looks at India’s interests and st...

by Rajeev Ranjan Chaturvedy | On 09 Jan 2016

The Indian Bond Market

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

New Maritime Silk Road: Converging Interests and Regional Responses

This paper discusses revival of the Maritime Silk Road. It begins with a narration of the historical background of MSR, its origin and development, followed by an analysis of latest announcements by t...

by | On 09 Jan 2016

India’s Popular Culture in Southeast Asia

This paper will explore India’s influence on Southeast Asia during the 20th century, with a focus on its cultural dimensions. The Indian independence movement in particular played a significant role i...

by Rahul Advani | On 09 Jan 2016

Modi’s Foreign Policy: Focus on the Diaspora

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

by C. Raja Mohan | On 09 Jan 2016

Navigating a Changing World Economy: ASEAN, the People's Republic of China, and India

Most projections envision continued rapid growth in the members of the Association of Southeast Asian Nations (ASEAN), the People’s Republic of China (PRC), and India (collectively, ACI) over the next...

by Fan Zhai | On 07 Jan 2016

Banking Crises and 'Japanization': Origins and Implications

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

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

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

by Ramachandraiah C | On 05 Jan 2016

Nepal Business Climate Survey

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 Cost of Moving Goods

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

by The Asia Foundation | On 02 Jan 2016

Review Article: Mapping India’s Future A Complementary Perspective

Review of The Turn of the Tortoise: The Challenge and Promise of India’s Future by T.N.Ninan; Allen Lane by Penguin India, 2015; Pp 368, Rs 699.

by Suryanarayana M H | On 02 Jan 2016

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

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

by Kefei You | On 01 Jan 2016

Foreign Trade Pattern of Nepal: Gravity Model Approach

This study examines the overall trade pattern of Nepal by using pooled ordinary least square (OLS) along with theone-year lag gross domestic product (GDP). It has also attempted to find the structural...

by | On 01 Jan 2016

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

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

by | On 01 Jan 2016

Service Sector Productivity and Economic Growth in Asia

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

by Jong-Wha Lee | On 30 Dec 2015

Water and People: A National Perspective Mitti Aur Pani Mein Sona Hai

The failures of water management have been extensively studied and reviewed and the shortcomings are listed.

by Ravi Chopra | On 29 Dec 2015

Illegal Immigration and the Shadow Economy

We build a general equilibrium model in which both illegal immigration and the size of the informal sector are endogenously determined. In this framework, we show that indirect policy measures such as...

by Carmen Camacho | On 29 Dec 2015

International Trade and Determinants of Price Differentials of Insulin Medicine

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

by Toshiaki Aizawa | On 29 Dec 2015

The Impact of Infrastructure on Trade and Economic Growth in Selected Economies in Asia

Infrastructure plays a key role in facilitating trade, especially since recent trade liberalization in Asia has resulted in significant tariff reductions. This study quantifies the impacts of both har...

by Jamilah Mahyideen | On 29 Dec 2015

Causes and Remedies for Japan’s Long-Lasting Recession: Lessons for the People’s Republic of China

This paper will address why the Japanese economy has been trapped in a prolonged slowdown and will provide some remedies for revitalizing the economy.

by Farhad Taghizadeh-Hesary | On 29 Dec 2015

The Effects of Financial Globalization on Global Imbalances, Employment and Inequality

This paper reviews the empirical evidence for the macroeconomic effects of financial globalization and discusses why several of the expected benefits have failed to materialize, in terms of both long-...

by | On 29 Dec 2015

Can Selective Immigration Policies Reduce Migrants' Quality?

Destination countries can adopt selective immigration policies to improve migrants' quality. Screening potential migrants on the basis of observable characteristics also influences their self-selectio...

by Simone Bertoli | On 29 Dec 2015

Global Increase in Climate-Related Disasters

Intense climate-related natural disasters—floods, storms, as well as droughts and heat waves—have been on the rise worldwide. Is there an ominous link between the global increase of these hydrometeoro...

by Ramón López | On 29 Dec 2015

Southeast Asia and the Economics of Global Climate Stabilization

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

by Jindra Samson | On 29 Dec 2015

Public Debt Sustainability in Developing Asia: An Update

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

by Benno Ferrarini | On 29 Dec 2015

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

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

by Farzana Sehrin | On 29 Dec 2015

Economic Crises and Women’s Work: Exploring Progressive Strategies in a Rapidly Changing Global Environment

This paper examines issues of women’s employment and decent work in the context of the on-going global financial and economic crisis. Recognizing that financial and economic crises affect men and wome...

by UN Women | On 28 Dec 2015

Gender on the Move: Working on the Migration-Development Nexus from a Gender Perspective

Around the world, a record number of women are now migrating to seek work and better lives. For many, migration yields these benefits; for others, it carries dangerous risks, such as exploitation in d...

by | On 28 Dec 2015

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

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

by Vinoj Abraham | On 26 Dec 2015

Housing Policies for Asia: A Theoretical Analysis by Use of a Demand and Supply Model

The main objective of this paper is to give an overview of the most commonly used housing policies and to illustrate their economic impact. To facilitate the analysis, we first introduce a simple two-...

by Naoyuki Yoshino | On 24 Dec 2015

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

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

by Naoyuki Yoshino | On 23 Dec 2015

Muslim exclusion in India: A review of the literature

It’s been 7 years since Sachar Committee published its reports, highlighting the deep and extensive deprivations Muslims in India face on the range of counts. It has been as many years since the Centr...

by Sajjad Hassan | On 23 Dec 2015

Estimating Growth-Inflation Tradeoff Threshold in Bangladesh

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

Capital Structure, Ownership and Crisis: How Different Are Banks?

Employing data for 1992-2012, the article examines the factors affecting the capital structure of publicly listed Indian banks from a corporate finance perspective and compares the findings by exploit...

by Goutam Chatterjee | On 22 Dec 2015

Indo-French Defence Cooperation - Friends in Need or Friends Indeed?

This paper aims at understanding the reasons behind the institutionalization of Indo-French defence cooperation after 1998, and at assessing the future prospects for this collaboration. By retracing i...

by | On 22 Dec 2015

The Iran-Pakistan-India Pipeline - The Intersection of Energy Politics

This paper seeks to identify the strategic and economic variables involved in India’s decision about whether or not to pursue a proposed natural gas pipeline from Iran. There is a lot of misinformatio...

by | On 22 Dec 2015

The Sikh Diaspora and the Quest for Khalistan: A Search for Statehood or for Self-preservation?

This paper will reexamine the role of the Sikh Diaspora in the Sikh separatist movement, commencing in the 1980s, that loomed over the political, security, social, and humanitarian makeup of the Indi...

by | On 22 Dec 2015

Challenges to School Edupreneurs in the Existing Policy Environment: Case Study of Delhi and Gujarat

The Indian education ecosystem today consists of the government, private sector, and nongovernmental organisations (NGOs) that have helped provide education to millions of children. The enactment of t...

by Meril Antony | On 21 Dec 2015

The Right of Citizens for Time Bound Delivery of Goods and Services and Redressal of their Grievances Bill, 2011: Origin, Need, and Analysis

Tabled by V. Narayanasamy, Minister of State for Personnel, Public Grievances and Pensions, in Lok Sabha in December 2011, The Right of Citizens for Time Bound Delivery of Goods and Services and Redre...

by Amit Chandra | On 21 Dec 2015

Now Corporate Paralysis

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

by T.N. Ninan | On 18 Dec 2015

Basic Entrepreneurship: A Big New Idea in Development

The question of what keeps people mired in poverty is one of great importance to policy-makers and economists alike. The world’s poor typically lack both capital and skills, and each of these two fact...

by Oriana Bandiera | On 18 Dec 2015

Assessing Teacher Quality in India

Using administrative data from linked private schools from one of districts in India that matches 8,319 pupils to their subject specific teachers at the senior secondary level, we estimate the importa...

by Mehtabul Azam | On 18 Dec 2015

Managing Firms in an Emerging Economy: Evidence From The Time Use of Indian CEOS

The success or failure of a company is often ascribed to the behavior of its CEO. Yet little is known about what top managers actually do, whether this matters for firm performance, and why it differ...

by Oriana Bandiera | On 18 Dec 2015

Access to and Financing of Healthcare through Health Insurance Intervention in India

Health insurance is expected to promote equity in access to health, financial protection, reduce escalating healthcare cost, enhance provider networks and enable country to make an optimal use of limi...

by Shailender Hooda | On 18 Dec 2015

Exchange Rate Reform in South Sudan

This paper considers the role of the exchange rate in the economy and its importance as a macroeconomic instrument, and outlines the policy choices that are available to governments in general, and th...

by Keith Jefferis | On 18 Dec 2015

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

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

by Gloria Kuzur | On 18 Dec 2015

Meta-Study of Literature on Budget Private Schools in India

Budget Private Schools (BPS) are privately-run schools that charge very low fees, operating among the poorer sections of the society and have become relevant to the education discourse of India. This...

by Centre for Civil Society CCS | On 18 Dec 2015

Agriculture and Nutrition in Bangladesh: Mapping Evidence to Pathways

This paper assesses the emphasis of the literature on different agriculture–nutrition pathways in Bangladesh. More research is needed on the links between agriculture and nutrition in country-specific...

by | On 18 Dec 2015

Nepal: A Failing State or a State in Transition?

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

by Oliver Housden | On 17 Dec 2015

MQSUN Determinants of Child Undernutrition in Bangladesh Literature Review

The DFID Programme to Accelerate Improved Nutrition for the Extreme Poor in Bangladesh aims to improve nutrition outcomes for children, mothers and adolescent girls by integrating the delivery of a nu...

by Ahmed F. | On 16 Dec 2015

Surrogacy: Law’s Labour Lost?

The article presents the inconsistencies in the revised Draft ART Bill of 2010, particularly with regard to provisions about surrogacy and citizenship of the babies born from a surrogate mother.

by Aastha Sharma | On 16 Dec 2015

The Journey: Essays on the Indian Railways 1853 - 1920 : The Early Enthusiasts

The railways in India would not have been possible without the efforts of a few ambitious and adventurous men, who had dreams, took tremendous risks and had the ability and dexterity to persuade a ran...

by Anuradha Kumar | On 16 Dec 2015

Is Access to Loan Adequate for Financing Capital Expenditure? A Household-level Analysis on Some Selected States of India

This paper attempts to identify the factors that determine access to credit for financing capital expenditures across selected developed, less developed and middle performing states in India. Using a...

by Meenakshi Rajeev | On 16 Dec 2015

A Room of Our Own?

For decades, the creative process in Goa has been stymied by the lack of a market, of production facilities, of free speech (for a significant part of the 20th century), and even a shortage of role mo...

by | On 15 Dec 2015

Global Increase in Climate - Related Disasters

Is there an ominous link between the global increase of the hydrometeorological and climatological events on the one side and anthropogenic climate change on the other? This paper considers three main...

by Vinod Thomas | On 15 Dec 2015

National Strategy Day on India: Delivering Growth in the New Context

The World Economic Forum along with the Confederation of Indian Industry (CII) convened the National Strategy Day on India on 3rd and 4th of November to provide a platform to boost economic growth and...

by | On 09 Dec 2015

Follow-up and Review of the SDGs: Fulfilling our Commitments

This paper considers the challenge of establishing a robust follow-up and review mechanism to support such implementation. The paper underscores the importance of the follow-up and review process taki...

by | On 04 Dec 2015

Paris Climate Change Summit: Why it is Bound to Fail

Expectations are high for a good and fair new climate change agreement at the much anticipated on-going climate change summit in Paris. Such expectations are elusive if the negotiations fail to face...

by Raman Letchumanan | On 03 Dec 2015

International Migration, Trade and Aid: A Survey

This paper surveys the voluminous literature on migration affecting trade and the somewhat less developed literature linking aid flows to migration. It aims to guide the reader through the two literat...

by | On 27 Nov 2015

The Indian Insolvency Regime in Practice – An Analysis of Insolvency and Debt

This paper analyses 45 cases of insolvency and bankruptcy resolution in order to measure the efficiency and problems of the present laws for firm bankruptcy in India. These cases have been selected t...

by Aparna Ravi | On 25 Nov 2015

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

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

by Lekha S. Chakraborty | On 16 Nov 2015

Employment and Economic Class in the Developing World

This paper introduces a model for generating national estimates and projections of the distribution of the employed across five economic classes for 142 developing countries over the period 1991 to 20...

by | On 10 Nov 2015

Eradicating Extreme Poverty in Bangladesh: National Strategies and Activities

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

by Nayma Qayum | On 09 Nov 2015

Meta - Study of Literature on Budget Private Schools in India

Despite lack of infrastructure and facilities, studies over the past decade has shown that learning outcomes in these schools are equal to or better than those of far more resourcefu...

by Centre for Civil Society CCS | On 29 Oct 2015

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

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

by Rajeswari Sengupta | On 19 Oct 2015

Mr Modi and Mrs Gandhi

Narendra Modi is the first PM after Indira Gandhi with the power and possibly the intention to change the Indian system.

by T.N. Ninan | On 16 Oct 2015

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

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

by Harendra Behera | On 16 Oct 2015

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

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

by | On 15 Oct 2015

Dividend Policy and Role of Corporate Governance in Manufacturing Sector of Pakistan

This study examines the relationship between internal mechanisms and external mechanisms of corporate governance and dividend policy for 100 manufacturing firms listed on Karachi Stock Exchange over...

by | On 08 Oct 2015

Now for the Reality Play

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

by T.N. Ninan | On 02 Oct 2015

Public Good Provision in Indian Rural Areas: The Returns to Collective Action by Microfinance Groups

Self-help groups (SHGs) are the most common form of microfinance in India. The authors provide evidence that SHGs, composed of women only, undertake collective actions for the provision of public good...

by | On 01 Oct 2015

State, Ideas and Economic Reform in India

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

by | On 28 Sep 2015

Impact of Climate Change on Yield of Major Food Crops in Tamil Nadu, India

This study uses panel data for 39 years and 13 districts to estimate the yield sensitivity of major food crops to climate change in the South Indian state of Tamil Nadu. It first estimated the margina...

by V. Saravanakumar | On 25 Sep 2015

Determinants of Energy and CO2 Emission Intensities: A Study of Manufacturing Firms in India

This paper investigates the determinants of energy and emission intensities of manufacturing firms in India, from 2000 to 2014. Given that Indian manufacturing sector is one of the world’s most pollut...

by Santosh K. Sahu | On 25 Sep 2015

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

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

by | On 25 Sep 2015

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

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

by | On 24 Sep 2015

Book Review: Universal Man: The Seven Lives of John Maynard Keynes

Review of Universal Man: The Seven Lives of John Maynard Keynes by Richard Davenport-Hines. New York: Basic Books, 2015. 418 pp. Rs. 1,729/- (cloth), IISBN-13: 978-0007519804.

by John Graham | On 23 Sep 2015

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

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

by Nilabja Ghosh | On 21 Sep 2015

The Role of English in Culture Preservation in Bhutan

This study explores issues surrounding the preservation and promotion of culture in the context of the secondary school English curriculum in Bhutan. The languages of Bhutan carry a rich and diverse t...

by | On 21 Sep 2015

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

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

by SK Sriharsha | On 19 Sep 2015

Do the ‘Asian’ Categories in the British Censuses Adequately Capture the Indian Sub-continent Diaspora Population?

Categories that capture the Indian sub-continent-origin population – ‘Indian’, ‘Pakistani’, ‘Bangladeshi’ – have been included on all the British census forms (1991, 2001, 2011) that have asked about...

by | On 17 Sep 2015

Losing Our Minds? New Research Directions on Skilled Migration and Development

This paper critiques the last decade of research on the effects of high-skill emigration from developing countries, and proposes six new directions for fruitful research. The study singles out a cor...

by Michael Clemens | On 16 Sep 2015

Price Rigidity, Inflation and the Distribution of Relative Price Changes

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

by Sartaj Rather | On 14 Sep 2015

Book Review: Mapping a Dwindling Community: Kolkata Tales

Review of Christmas in Calcutta: Anglo Indian Stories and Essays by Robyn Andrews; Sage Publications, 2014; pp 208, Rs. 695.

by Nandini Bhattacharya | On 10 Sep 2015

Social Security for International Labour Migrants: Issues and Policy Options

Cross-border population movement, an indispensible feature of the current phase of globalisation, has led to significant changes in the migration landscape. Factors like temporisation of labour flows,...

by | On 09 Sep 2015

Book Review: Translation as Touchstone

Review of Translation as a Touchstone. Raji Narasimhan, Sage Publications, 2013. 167 pp, Rs. 595 ISBN: 978-81-321-0954-9

by Supurna Dasgupta | On 09 Sep 2015

Basel III Implementation- Challenges for Indian Banking System

In India, Basel III capital regulation has been implemented from April 1, 2013 in phases and it will be fully implemented as on March 31, 2019. Do we need Basel III for a country like India? What are...

by N.S. Viswanathan | On 08 Sep 2015

Interrelation Between Growth and Inequality

The paper highlights the importance of “broad-based growth” as a framework to support economic growth and inclusiveness at the same time. Different countries show different dynamics between economic g...

by Jong Woo Kang | On 07 Sep 2015

Change in Efficiency Level in Achieving Human Development: Inter-Temporal Comparison of Indian States

In India, research on human development has received considerable importance from both the academic and policy point of view. However, all the previous studies on human development mainly focused on t...

by Swati Dutta | On 04 Sep 2015

Income Inequality, Poverty and Labor Migration in Thailand

This paper explores the dynamics of economic growth, poverty, inequality and migration in Thailand, and evaluates the relevance of Lewis model to Thailand’s long-term development. Thai economy seems t...

by Somchai Jitsuchon | On 03 Sep 2015

Financial Market Regulation in India-Looking back, Looking Ahead

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

by Harun R Khan | On 31 Aug 2015

Identity, Interests and Indian Foreign Policy

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

by | On 25 Aug 2015

Reforming Internet Governance and the Role of China

This paper examines the issue of internet governance and analyzes the developments and challenges in reforming the current system. With state and non-state actors alike seeking to influence the way th...

by | On 25 Aug 2015

Strong Sustainable Growth for the Indian Economy

How is the RBI helping the government to create the conditions for a sustainable growth? Structural reforms will help strengthen this growth – two weeks ago, the Government announced Indradhanush, la...

by Raghuram G. Rajan | On 25 Aug 2015

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

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

by Viswanathan P K | On 25 Aug 2015

Poverty Reduction in China and India: Policy Implications of Recent Trends

This paper compares the experience of poverty reduction in China and India. It finds that more than economic growth per se, what has mattered crucially is the nature of the growth: whether it is assoc...

by Jayati Ghosh | On 21 Aug 2015

Child Work and Schooling in Pakistan— To What Extent Poverty and Other Demographic and Parental Background Matter?

Keeping into consideration the far-reaching social and economic impact of child work both for the children involved and society as a whole, in this study an attempt has been made to disentangle the c...

by Madeeha Gohar Qureshi | On 18 Aug 2015

The Sunday Edit: Monetary Policy Transmission: Visible Disconnect

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

by Ramkishen S. Rajan | On 16 Aug 2015

Regulatory Barriers to Micro, Small and Medium Enterprises

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

by Amit Chandra | On 13 Aug 2015

Book Review: Visions of Dystopia in China's New Historical Novels

Review of Visions of Dystopia in China's New Historical Novels. New York: Columbia University Press, 2014. 304 pp. $50.00 (cloth), ISBN 978-0-231-16768-0.

by Nathaniel Isaacson | On 13 Aug 2015

Public Debt Management in India and Related Issues

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

by Lakshmanan L | On 13 Aug 2015

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

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

by Gopinath Reddy | On 13 Aug 2015

Urban Policies and the Right to the City in India: Rights, Responsibilities and Citizenship

This publication highlights the relevance in India and the multiplicity of entry points of the right to the city as a vehicle for social inclusion and sustainable social development for Indian cities....

by Centre de Sciences Humaines CSH | On 12 Aug 2015

Equilibrium Exchange Rate Estimation for Taka – A Co integration Analysis

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

by Md. Akhtaruzzaman | On 11 Aug 2015

Moving Beyond ‘Supply And Demand’ Catchphrases: Assessing the Uses and Limitations of Demand-Based Approaches in Anti-Trafficking

The need to reduce ‘demand’ for trafficked persons is widely mentioned in the anti-trafficking sector but few have looked at ‘demand’ critically or substantively. Some ‘demand’-based approaches have b...

by Global Alliance Against Trafficking in Women (GAATW) | On 10 Aug 2015

The Socially Responsible Company as a Strategic Second-Order Observer: An Indian Case

The emergence of Corporate Social Responsibility (CSR) as a global component of business-society relationships has triggered many controversial debates in which CSR is either advocated as a source of...

by Damien Krichewsky | On 07 Aug 2015

Myanmar: Unlocking the Potential - A Strategy for High, Sustained, and Inclusive Growth

Recognizing the need to formulate policy strategies for the changes it faces, Myanmar started a multifaceted reform process in 2011. But speeding up development requires a multipronged but more cohere...

by | On 04 Aug 2015

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

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

by | On 31 Jul 2015

Food Inflation in India: Causes and Consequences

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

Child Work and Schooling in Pakistan - To What Extent Poverty and Other Demographic and Parental Background Matter?

In this study an attempt has been made to disentangle the child employment and schooling tradeoff with perspective to understand the effect of income deprivation measures and other non-income factors...

by Saman Nazir | On 15 Jul 2015

Inflation Targeting for India? The Implications of Limited Asset Market Participation

This paper considers the implications of an imperfect monetary transmission mechanism for optimal monetary policy choices in an open economy. The asset market channel is restricted in this paper as so...

by | On 09 Jul 2015

Welfare Comparisons with Multidimensional Well-Being Indicators: An Indian Illustration

This paper attempts a welfare comparison of population where only ordinal information is available at the micro level in terms of multi-dimensional discrete well-being indicators. This does not involv...

by Udaya S. Mishra | On 08 Jul 2015

Book Review: The Oxford Companion to Pakistani History

Review of The Oxford Companion to Pakistani History ed. Ayesha Jalal. Oxford: Oxford University Press, 2012. 558 pp. Rs. 4,488.75. ISBN-13: 978-0195475784.

by Rohit Wanchoo | On 02 Jul 2015

The Sunday Edit: The House that Constitution Built

The right to acquire/rent property anywhere in the nation is a fantasy fostered by the Constitution and the rhetoric of modernisation and urbanisation.

by Pramod K. Nayar | On 28 Jun 2015

Reflections on India's Emergence in the World Economy

This paper attempts to capture how India embraced the world economy against the backdrop of the evolving domestic and international economic policy environment. It began with a brief overview of the...

by | On 24 Jun 2015

The Frenemy of the People

Politicians have continued taking people for granted and managed to stay above the law.

by T.N. Ninan | On 22 Jun 2015

Book Review: Tagore and the Feminine: A Journey in Translations

Review of Tagore and the Feminine: A Journey in Translations Malashri Lal (ed). New Delhi: Sage Publications 2015. pp 332. Rs. 995/- ISBN: 978-93-515-0067-4.

by Supurna Dasgupta | On 22 Jun 2015

Inflation Targeting India: Select Issues

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

by Charan Singh | On 18 Jun 2015

Mid-Year Review of the Indian Economy 2014-15

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

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

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

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

by Anjali Masarguppi | On 10 Jun 2015

When the Kerala Model of Development is Historicised: A Chronological Perspective

It is proposed in this study that the development experience in Kerala has resulted ultimately in weakening the material basis of public action. On limited evidence it is pointed out that the poor in...

by P.K.Michael Tharakan | On 10 Jun 2015

Analysis of Trends in India’s Agricultural Growth

The present study discusses the trends and patterns in agricultural growth at the national and sub-national levels in India. Data on important variables like area, production, input use and value of o...

by Elumalai Kannan | On 04 Jun 2015

Second Bi-monthly Monetary Policy Statement, 2015-16

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

by Raghuram G. Rajan | On 03 Jun 2015

Maul in India - What Next?

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

by PrintWeek India PWI | On 28 May 2015

Report of the Working Group on Agricultural Research and Education for the Twelfth Five Year Plan 2012-17

This report mainly focuses on agricultural research and education so as to make the system demand-driven, enhance technology flow to farmers and bring transformational changes in Indian agriculture. T...

by Planning Commission | On 28 May 2015

India Development Update : Towards a Higher Growth Path

The India Development Update for April 2015 has two main aims. First, it reports on the key developments over the past six months in India's economy, and places these in a longer term and global conte...

by World Trade Organisation | On 18 May 2015

Instability and Regional Variation in Indian Agriculture

This study has taken up two seemingly different but connected aspects of Indian agriculture, the first part dealing with the analysis of agricultural instability at the national and state levels and t...

by Ramesh Chand | On 13 May 2015

Youth Participation in Civil Society and Political Life in Bihar

This policy brief documents the participation of youth in Bihar in civil society, the extent to which they uphold secular attitudes and their perceptions about and participation in political processe...

by Environmental Management & Policy Research Institute | On 12 May 2015

Assamese Language, Narrative and the Making of the North East Frontier of India: Beyond Regional Indian Literary Studies

This paper is divided into two broad sections. The first section deals with the Brahmaputra Valley in Assam (north east India) and its transformation into a frontier in the nineteenth century. The sec...

by Manjeet Baruah | On 05 May 2015

Guide on Right to Information Act, 2005

The present guide is an updated and consolidated guide for the use of all stakeholders. This guide contains five parts. Part I of the guide discusses some aspects of the Act which all the stake-holder...

by Government of India GOI | On 27 Apr 2015

Infrastructure Gap in South Asia: Infrastructure Needs, Prioritization, and Financing

If the South Asia region hopes to meet its development goals and not risk slowing down or even halting growth, poverty alleviation, and shared prosperity, it is essential to make closing its huge infr...

by World Bank | On 27 Apr 2015

The Coal Mines (Special Provisions) Act, 2015.

An Act to provide for allocation of coal mines and vesting of the right, title and interest in and over the land and mine infrastructure together with mining leases to successful bidders and allottees...

by Ministry of Law and Justice GOI | On 20 Apr 2015

Separating Shocks from Cyclicality in Indian Aggregate Supply

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

by Ashima Goyal | On 02 Apr 2015

The Impossible Trinity: Where does India stand?

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

by Satish Y Deodhar | On 30 Mar 2015

Investing in Health for Economic Development in Vietnam

This report present the findings from a mission undertaken by the authors in Vietnam in 2005. This report provides some of the particular aspects of the health sector from an economic perspective. It...

by | On 24 Mar 2015

BRICS Trade Policies, Institutions and Areas for Deepening Cooperation

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

by | On 24 Mar 2015

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

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

by Dr Anandi Subramanian | On 23 Mar 2015

Electoral Reforms 2015, India

The law Commission of India has submitted its Report No. 255 on “Electoral Reforms” to the Union Law and Justice Ministry. Informing this to the Media persons here in New Delhi Justice Shri A. P. Shah...

by Law Commission India | On 18 Mar 2015

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

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

by | On 12 Mar 2015

Stability and Transitions in Emerging Market Policy Rules

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

Women in Indian Labour Market - Emerging Options

Expanding women’s access to the labour market and enhancing their employability, apart from all its other impact, contributes to the GDP substantially. It is important to generate creative partnership...

by G.D Bino Paul | On 10 Mar 2015

Obituary - Meera Kosambi (1939 - 2015)

Uma Chakravarti reminisces about the historian and feminist scholar Dr Meera Kosambi who carved her own distinctive space within a legendary family.

by Uma Chakravarti | On 09 Mar 2015

Cleanliness and Sanitation: Underlying Constraints in India

Open defecation and improper garbage disposal are a reality of public spaces in India, not just due to poverty or a lack of initiative on the government, but social acceptance of attitudes which disr...

by Poorva Awasthi | On 24 Feb 2015

Democracy, Inclusion, and Prosperity

People want to live in a safe prosperous country where they enjoy freedom of thought and action, and where they can exercise their democratic rights to choose their government. But how do countries en...

by Raghuram G. Rajan | On 24 Feb 2015

Pre-Budget Memorandum 2015-16

This document provides an overview the current state of the Indian economy; lists the issues related to investment and finance for various Indian industries; finally makes a list of suggestions for th...

by Federation of Indian Chambers of Commerce and Industry | On 19 Feb 2015

Financial Inclusion: Need for Differentiation between Access and Use

With no financial capacity to save and invest, a dismal record of use of bank accounts and the severe lack of trust in the current model of using business correspondents, it is extremely difficult to...

by | On 16 Feb 2015

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

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

by T.A. Bhavani | On 09 Feb 2015

Book Review: Citizenship and Its Discontents: An Indian History

Review of Citizenship and Its Discontents: An Indian History. Cambridge: Harvard University Press, 2013. viii + 366 pp. $45.00 (cloth), ISBN 978-0-674-06684-7.

by Environmental Management & Policy Research Institute | On 09 Feb 2015

Determinants of Regional Patterns of Manufacturing Exports: Indian Firms since the Mid-1990s

A preliminary analysis of the spatial determinants of firms’ export activities by Indian states has been undertaken in this study. Thus, the present study attempts to fill the gap by focusing on issue...

by Jaya Prakash Pradhan | On 06 Feb 2015

Real Pride of Ancient Indian Science

Do we really have the time to waste on controversies like what ancient India did or did not achieve by way of scientific discoveries? This is when there is the huge unfinished agenda to use the best o...

by Sunita Narain | On 03 Feb 2015

New Challenges Before the Indian Nation

What are the new challenges before the Indian nation, its new government and the people's movement? (In Hindi)

by Abhay Kumar Dubey | On 29 Jan 2015

Agribusiness Franchising in India: Experience and Potential

This paper locates the rationale for franchising in agribusiness from global literature and from the Indian smallholder agricultural context where other ways of reaching small farmers or linking them...

by Sukhpal Singh | On 23 Jan 2015

Towards A Pareto Efficient Indian Agricultural Market - with Specific Focus on Rice and Wheat Markets

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

by Anandi Subramanian | On 16 Jan 2015

Global Economic Prospects

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

by World Bank | On 14 Jan 2015

Trade Liberalization, Poverty and Food Security in India

This paper attempts to assess the impact of trade liberalization on growth, poverty, and food security in India with the help of a national level computable general equilibrium (CGE) model. It shows t...

by | On 29 Dec 2014

‘Coin of Blood’: Savarkar’s 'The Indian War of Independence – 1857'

Savarkar’s chief claim from the outset is that the Revolution was the manifestation of deep underlying principles. Indeed this sense of the underlying principles can alone justify such massive loss of...

by Nikhil Govind | On 27 Dec 2014

The Impact of Temperature on Productivity and Labor Supply: Evidence from Indian Manufacturing

This paper shows that high temperatures may reduce manufactur- ing output by lowering worker productivity via heat stress. Using an annual panel of manufacturing plants in India, and daily primary m...

by E. Somanathan | On 01 Dec 2014

The Indian Institutes of Information Technology Bill, 2014

A bill to declare certain institutions of information technology to be institutions of national importance, with a view to develop new knowledge in information technology and to provide manpower o...

by Parliamentary Research Service PRS | On 26 Nov 2014

Mapping the World of Women's Work: Regional Patterns and Perspectives

The impact on the Indian labour market of the slowing down of global economy is a complex issue. It is evident that women have become 'shock absorbers' in the overall functioning of labour market dyna...

by Michael Levien | On 14 Oct 2014

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

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

by Sheila Bhalla | On 01 Oct 2014

Evolution and Critique of Buffer Stocking Policy of India

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

by Shweta Saini | On 26 Sep 2014

Causes of Indian Rupee Depreciation and its Impact on Bangladesh Economy

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

by Sayera Younus | On 25 Sep 2014

Does Parental Education Affect the Impact of Provision of Health Care on Health Status of Children? - Evidence from India

The objective of the study is to analyse the impact of provision of health care facilities on the child health status taking into account the utilization of these available facilities. The study offer...

by Runu Bhatka | On 19 Sep 2014

Civil Society, Indian Elections and Democracy Today

Civil society in Independent India has perhaps never been as active as it is today, except in the years before and during the emergency. The author explores the role it has played in strengthening and...

by Trilochan Sastry | On 18 Sep 2014

Spatial Convergence and Growth in Indian Agriculture: 1967-2010

Inter-state diversity has been a perennial feature of Indian agriculture. The study probes if per capita income in Indian agriculture has converged across states in the last four and a half decades. I...

by Tirtha Chaterjee | On 06 Sep 2014

Child Work and Schooling in Pakistan— To What Extent Poverty and Other Demographic and Parental Background Matter?

Keeping into consideration the far-reaching social and economic impact of child work both for the children involved and society as a whole, in this study an attempt has been made to disentangle the ch...

by Madeeha Gohar Qureshi | On 04 Sep 2014

Unravelling India’s Inflation Puzzle

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

Budget 2014-15: The Continuing Neglect of the 'Rural'

The Union Budget remains significant for the agricultural sector in the country for at least the following two reasons. First, the budget comes in the background of an agrarian crisis in the country,...

by Arindam Banerjee | On 04 Aug 2014

Salient Features of Measuring, Interpreting and Addressing Indian Inflation

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

by Kirti Gupta | On 22 Jul 2014

Union Budget 2014: Marginal Realignment of Tactics to Strategy

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

Horizontal Devolution of States in India-Suggestions Before the Fourteenth Finance Commission

The focus of the paper is to suggest an alternate methodology for horizontal devolution from divisible pool of Central taxes and disbursement of grants. Tax devolution criteria suggested are populat...

by R. Mohan | On 16 Jul 2014

Book Review - Indian Culture through a Television Screen

Book Review - Understanding India: Cultural Influences on Indian Television Commercials discusses Indian Television Commercials in the context of marketing interests and visual culture. The author exa...

by Hemali Sanghavi | On 09 Jul 2014

Speech of the Minister for Railways 2014-15

Railway budget 2014-15.

by D.V. Sadananda Gowda | On 09 Jul 2014

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

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

by R. Radhakrishna | On 07 Jul 2014

Book Review - Between Love and Freedom: The Revolutionary in the Hindi Novel

Book Review - Between Love and Freedom: The Revolutionary in the Hindi Novel by Nikhil Govind, Routledge India; February 2014; pp 200; Rs. 432

by Sandeep Dubey | On 26 Jun 2014

Three Decades of Human Development across Indian States: Inclusive Growth or Perpetual Disparity?

The importance of strengthening the human development (HD) achievements in a country to augment its growth potential is well known in development literature. Several initiatives to enhance the HD leve...

by Sacchidananda Mukherjee | On 24 Jun 2014

The Market Valuation of Innovation: The Case of Indian Manufacturing

The relationship between market value and innovation in the context of manufacturing firms in India was analysed, using data for 2001-2010. In a milieu where most firms do not patent, the concern was...

by Sunil Kanwar | On 10 Jun 2014

Organised Labour and Economic Liberalisation India: Past, Present and Future.

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

Labour Market Information System - An Indian Perspective

The concept paper is conceptualization of a well-structured LMIS to assist planning and delivery of training for NSDC. The report is structured into key sections which unfold the blueprint for buildin...

by National Skill Development Corporation (NSDC) | On 23 May 2014

Agricultural Research and Productivity Growth in India

This research report, which examines the effects of research and development on productivity in India, finds that India is still benefiting from these investments. The report shows that the public ben...

by Robert E Evenson | On 29 Apr 2014

Politics and Public Policies: Politics of Human Development in Uttar Pradesh, India

In India, public policies for human development are politically contested for many reasons like diverse political interests, commitment to specific social bases by political regimes etc. They have r...

by Shyam Singh | On 10 Apr 2014

Psychology, Cyclicality or Social Programs: Rural Wage and Inflation Dynamics in India

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

Elections 2014: What Do the Manifestos of Political Parties Promise Children?

A quick look at the manifestos of the five national political parties, Indian National Congress (INC), Bhartiya Janta Party (BJP), Aam Admi Party (AAP), Communist Party of India (Marxist) (CPIM) and S...

by HAQ Centre for Child Rights HAQCRC | On 10 Apr 2014

Indian Youth and Electoral Politics - An Emerging Engagement

Review of the book 'Indian Youth and Electoral Politics - An Emerging Engagement' edited by Sanjay Kumar; Fellow at Centre for the Study of Developing Societies (CSDS); April 2014; pp 180; Rs 450.

by Nandini Bhattacharya | On 07 Apr 2014

Gender and Land Tenure Security : Challenges and Barriers to Women’s Entitlement to Land in India

The study seeks to understand women’s land rights by documenting how women acquire land, their feelings about tenure security to that land, exploring their knowledge of their land rights, and the exte...

by UN Women | On 14 Mar 2014

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

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

by Mukesh Kumar Anand | On 13 Mar 2014

Social Mobility of Caste and Tribes in India

Explains how the social difference between the caste system and different tribes was contained even through the caste system was officially abolished. Presents a general model of social mobility based...

by Panizza Philipp | On 28 Feb 2014

Measuring Urbanization around a Regional Capital: The Case of Bhopal District

The starting point of this study is the observation that many villages in India seem to possess urban characteristics. As compared to definitions of urbanization adopted by other countries, the Indi...

by Anima Gupta | On 21 Feb 2014

Banks Competition, Managerial Efficiency and the Interest Rate Pass-through in India.

If banks solve an inter-temporal problem under adverse selection and moral hazard, then bank specific factors, regulatory and supervisory features, market structure, and macroeconomic factors affect ...

by Jugnu Ansari | On 21 Feb 2014

The Potential Effects of Tobacco Control in China: Projections from the China SimSmoke Simulation Model

This paper studies the potential impact of the programme ‘SimSmoke Tobacco Control Policy’ in China. China is home to about one third of the world's smokers and reducing smoking in China could have an...

by David Levy | On 19 Feb 2014

Jewels of the Qila: A Review

Review of Hugh J. M. Johnston's Jewels of the Qila, University of British Columbia Press, Vancouver, 2012. 336 pp. $35.95 (paper), ISBN 978-0-7748-2217-6.

by Shezan Muhammedi | On 12 Feb 2014

Online Promotions: Exploring the Emerging Opportunity in Indian Market

In this paper, the phenomena of online promotions is examined, its impact so far and its promise as we go forward. The paper traces the origins of the concept and its evolution and progress in India...

by Nidhi Mathen | On 29 Jan 2014

Using IPRs to Protect Niches? Evidence from the Indian Textile and Apparel Industry

This paper focuses on the Indian T&A sector and on non-patent IP rights, such as trademarks, industrial designs, copyrights, and geographical indication as well as informal protections to examine whet...

by Suparna Karmakar | On 28 Jan 2014

Do Indian States have the Power to Devise their Own Policies? A Study on Fiscal Space

With the decentralization process of the 1990s, linked to economic liberalization, there emerged new decisional scope for regional governments to shape their own policies. But the decentralization pro...

by Kim Robin | On 24 Jan 2014

India’s Development Cooperation: Charting New Approaches in a Changing World

This report first briefly delves into the historical context within which India's development cooperation must be seen and the role, objectives and the functioning of the DPA is explained. The report...

by Vivan Sharan | On 21 Jan 2014

Changes between IPC law commission reports

Indian Penal Code (IPC, ) is the main criminal code of India. It is a comprehensive code, intended to cover all substantive aspects of criminal law. The Code has since been amended several times and...

by Lawyers Collective | On 20 Jan 2014

What is Driving the Indian Middle Class Towards Electoral Politics? Evidence from Delhi

Using the case of Delhi and drawing on examples from other metropolitan cities, this paper attempts to understand the factors that have led to the rise of middle class neighborhood associations an...

by Poulomi Chakrabarti | On 16 Jan 2014

Rainfall Forecasts, Weather and Wages over the Agricultural Production Cycle

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

by Mark Rosenzweig | On 13 Jan 2014

Child Work and Schooling in Rural North India: What do Time Use Data Say about Tradeoffs and Drivers of Human Capital Investment?

This study examines time use data for 1244 children in the age-group 6-12 years in 274 villages in eight states in rural north India to understand the tradeoffs between time spent in school, time sp...

by Sudha Narayanan | On 02 Dec 2013

Remoteness and Unbalanced Growth: Understanding Divergence Across Indian Districts

The existing literature on Indian growth finds no evidence of convergence across states. This represents a puzzle given the relatively free flows of capital, labor and commodities across state borde...

by Samarjit Das | On 27 Nov 2013

Leveling with Friends: Social Networks and Indian Farmers’ Demand for Agricultural Custom Hire Services

This research was undertaken to understand how information about a new agricultural technology is transmitted through social networks, and what effect information gained through social networks has on...

by Nicholas Magnan | On 26 Nov 2013

Subnational-level Fiscal Health: Stability and Sustainability Implications for Kerala, Punjab, and West Bengal

The Government of India has recently announced that Kerala, Punjab, and West Bengal are fiscally unsound at the level of general category states. The study reviews this projection and assesses their...

by Nimai Das | On 26 Nov 2013

Carbon Dioxide Emissions from Indian Manufacturing Industries: Role of Energy and Technology Intensity

This paper is an attempt to compute Carbon Dioxide (CO2) emission from fossil fuel consumption for firms in Indian manufacturing sector from 2000 to 2011 by adopting the IPCC Reference Approach. Th...

by Santosh Kumar Sahu | On 26 Nov 2013

When  Ideas Trump Interests :  Preferences, World Views, and Policy  Innovations

The contemporary approach to political economy is built around vested interests -- elites,  lobbies, and rent-seeking groups which get their way at the expense of the general public. The  role of id...

by Dani Rodrik | On 06 Nov 2013

Democratic Politics and Legal Rights: Employment Guarantee and Food Security in India

This paper focusses on two Indian laws that seek to guarantee socioeconomic rights: the National Rural Employment Guarantee Act (NREGA), an important example of India’s recent history of legislation...

by Reetika Khera | On 25 Oct 2013

Human Influence on Climate Change

According to new assessment by the Intergovernmental Panel on Climate Change (IPCC), human influence on the climate is clearly evident. It is extremely likely that human influence has been the domina...

by Intergovernmental Panel on Climate Change IPCC | On 23 Oct 2013

Rationalism Rationed

The gruesome murder of Dabolkar, who had been spearheading a movement against superstitions in Maharashtra, has plunged all people of rationalist disposition in shock. Voices are rising that laws sho...

by Oscar F Picazo | On 22 Oct 2013

Missing Labour Force or ‘De-Feminization’ of Labour Force in India ?

The gendered division of household labour, stigma attached to paid labour and status production has precipitated withdrawal from paid work as a strategy to reduce the double burden of women. Upward s...

by Vinoj Abraham | On 09 Oct 2013

Transforming State-Citizen Relations in Food Security Schemes: The Computerized Ration Card Management System in Kerala

In this paper the application of ICTs to the improvement of state-citizen relations in a developing country context. To maximise the responsiveness of the government, ICTs need to target the structura...

by Silvia Masiero | On 07 Oct 2013

Envisioned Scope and Challenges of National Food Security Bill

National Food Security Bill (NFSB) aims to make food easily accessible at affordable prices to people. But there are operational and financial difficulties in implementing this.

by Sweety Thomas | On 07 Oct 2013

Fiscal Reforms, Fiscal Rule and Development Spending: How Indian States have Performed?

In this paper it is examined whether a favourable fiscal rule had impact on fiscal balance but what lies behind a particular outcome in a rule based fiscal regime. Often time it is argued that fiscal...

by Pinaki Chakraborty | On 30 Sep 2013

Madras Cafe: A Timely Interrogation

The film, MAdras Cafe, offers us an opportunity to revisit memory and ask important questions as to what happened in the early years of the civil war in Sri Lanka. An introspection that is necessary i...

by Aaranya Rajasingam | On 13 Sep 2013

Bridging Education Gender Gaps in Developing Countries: The Role of Female Teachers

Recruiting female teachers is frequently suggested as a policy option for improving girls' education outcomes in developing countries, but there is surprisingly little evidence on the effectiveness of...

by Karthik Muralidharan | On 06 Sep 2013

Climate Variability and Internal Migration: A Test on Indian Inter-State Migration

Migration data is matched from the Indian census with climate data to test the hypothesis of climate variability as a push factor for internal migration. The main contribution of the analysis is to...

by Ingrid Dallmann | On 06 Sep 2013

Food Prices, Wages, and Welfare in Rural India

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

by Hanan G Jacoby | On 22 Aug 2013

Forecasting Profitability

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

by Mark Rosenzweig | On 16 Aug 2013

Role of Culture in Celebrity Endorsement: Brand Endorsement by Celebrities in Indian Context-A Review, Synthesis and Research Propositions

This paper uses the lens of culture to develop propositions on how customer attitude towards celebrity endorsements is a function of cultural parameters in emerging countries like India. [W.P. No. 201...

by . Abhishek | On 08 Aug 2013

Obituary: Sharmila Rege (1964 to 2013)

Obituary: Sharmila Rege (1964 to 2013)

by Vibhuti Patel | On 30 Jul 2013

Fuel Price Hike and Indonesia’s Energy Insecurity

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

by Margareth Sembiring | On 26 Jul 2013

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

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

by K.V. Ramaswamy | On 23 Jul 2013

Why Is Mobility in India So Low? Social Insurance, Inequality, and Growth

This paper examines the hypothesis that the persistence of low spatial and marital mobility in rural India, despite increased growth rates and rising inequality in recent years, is due to the existenc...

by Kaivan Munshi | On 22 Jul 2013

Supreme Court rejects ban on dance bars; upholds women’s right to work as bar dancers

16 July, 2013, New Delhi: The Supreme Court of India today rejected the Maharashtra Government’s decision to forbid dancing in beer bars, calling the ban unconstitutional. The ban dates back to August...

by Lawyers Collective | On 17 Jul 2013

Examining Private Participation in Embankment Maintenance in the Indian Sundarbans

This paper analyses the complementarities between land productivity and conservation investments in the context of river embankment maintenance in the Indian Sundarbans.[SANDEE]. URL:[http://www.san...

by Prasenjit Sarkhel | On 06 Jun 2013

Rural Migration, Weather and Agriculture: Evidence from Indian Census Data

This study explores the three way linkage between weather variability, agricultural performance and internal migration in India at state and district level using Indian Census data.[MSE].

by Brinda Viswanathan | On 06 Jun 2013

Weather and Migration in India: Evidence from NSS Data

The present study attempts to, (a) analyse the broad patterns of temporary and permanent migration in India; and (b) explore the determinants of temporary and permanent migration with special focus...

by K S Kavi Kumar | On 06 Jun 2013

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

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

by Bharatee Bhushan Dash | On 05 Jun 2013

Compensating Wages for Occupational Risks of Farm Workers in India

Farm workers incur various occupational related risks. The question is whether they are adequately compensated for facing these risks? This paper attempts to measure the wage premiums that farm worker...

by Indira Devi P | On 22 May 2013

Understanding the Dynamics of Socio-Economic Mobility: Tales from Two Indian Villages

The study takes a comparative approach by examining household livelihood mobility within two very different villages, in the same district administration of Madhya Pradesh (MP), India. [ODI Working Pa...

by Caroline Wilson | On 26 Apr 2013

Media monitoring on Corruption in Indian print Media

To explore how much coverage is given by Leading Indian newspaper to 2G Scam and Common Wealth Games during the period of study. To explore what kind of image of India is famed by all four newspape...

by Daniel Drache | On 25 Apr 2013

Climate Change, Agriculture, Poverty and Livelihoods: A Status Report

This paper assesses the impact of climate change on Indian agriculture covering a cross section of crops, seasons and regions based on existing literature. The study notes that the impact of climate...

by K N Ninan | On 24 Apr 2013

Land Acquisition Bill: Past and Present

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

by iGovernment. in | On 19 Apr 2013

Efficiency of Raising Health Outcomes in the Indian States

This study measures the efficiency of Indian states in raising health outcomes, using the stochastic frontier methodology for panel data for the period 2000-2009. [MSE WORKING PAPER 70/2012]. URL: [...

by Prachitha J | On 16 Apr 2013

The Criminal Law (Amendement) Bill, 2013 as passed by Lok Sabha

A bill further to amend the Indian Penal Code, the Code of Criminal Procedure, 1973, the Indian Evidence Act, 1872 and the Protection of Children from Sexual Offences Act, 2012 [PRS]. URL:[http://www...

by Parliamentary Research Service PRS | On 08 Apr 2013

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

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

by Anil K Gupta | On 20 Mar 2013

Indian Banking Sector: Pushing the Boundaries

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

by Chakrabarty K C | On 07 Mar 2013

Empowering the Street Vendors in Changing Indian Cities: A Case Study of Bhubaneswar (Orissa)

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

No Fireworks Railway Budget

Modernization, encouragement to PPP, integration of MGNREGA, has been given importance in the railway budget.

by IRIS India IRIS | On 27 Feb 2013

Indian economy: Kal, Aaj aur Kal

Why has the economy landed in a trough of growth and high inflation and does not look like getting out of it in the year ahead?

by Sumita Kale | On 14 Feb 2013

Expecting a Smooth Ride

Indian Railways have to be investor friendly. The railway budget will have to deal with core issues such as mobilizing resources, controlling costs and offering competitive freight structure with an e...

by Sachin Bhanushali | On 14 Feb 2013

The Distributional Impacts of Climate Change on Indian Agriculture : A Quantile Regression Approach

Using a 30-year dataset on district level yields with more than 200 districts and pairing it with a newly available gridded weather data set this paper estimates the impact of climate change on major...

by Chandra Kiran B Krishnamurthy | On 12 Feb 2013

The Companies Bill, 2011: FIfty-Seventh Report

According to the Ministry of Corporate Affairs, most of the recommendations made by the Committee in their earlier Report (21st Report) on the Companies Bill, 2009 have been accepted by the Government...

by Lok Sabha Secretariat | On 12 Feb 2013

Juvenile Justice in Different Countries: Age of Criminal Responsibility and Treatment of Juvenile Offenders

In the world, there are three models that inspire administration of juvenile justice: • The Welfare Model • The Justice Model or Control model - Retributive • The Restorative Model The age of c...

by HAQ Centre for Child Rights HAQCRC | On 06 Feb 2013

Property Tax System in India: Problems and Prospects of Reform

This paper analyses the property tax system in India, examines the reasons for its low revenue productivity, reviews the recent reform initiatives and identifies further reform areas. [NIPFP Working P...

by M. Govinda Rao | On 06 Feb 2013

Vital Stats: Parliament in Winter Session 2012

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

by Devika Malik | On 21 Dec 2012

An Assessment of Livelihood and Educational Status of Sanitation Workers in Ahmedabad, Gujarat

This study was conducted in 25 neighborhoods and 5 zones of the Ahmedabad Municipal Corporation (AMC). A total of 50 sanitation workers were interviewed and through them the condition of their famil...

by Ashish Mishra | On 05 Dec 2012

Provide Human Security through Human Development

Review of the book 'Peace is Everybody's Business: Strategy for Conflict Prevention' by Arjun Ray. Number of pages: 264, Price Rs. 495/-.

by Irfan Engineer | On 03 Dec 2012

Learning and Capability Acquisition: A Case Study of the Indian Automobile Industry

This study analyzes the impact of government policy regime on the learning and capability acquisition of firms over time. Through a case study analysis of the Indian automotive industry, the study d...

by Madhuri Saripalle | On 19 Nov 2012

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

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

by N R Bhanumurthy | On 05 Nov 2012

How Indian Voters Respond to Candidates with Criminal Charges: Evidence from the 2009 Lok Sabha Elections

What are the response of voters to candidates who have reported that they have criminal charges against them? A analysis within the framework of a simple analytical model which assumes that criminal c...

by Bhaskar Dutta | On 02 Nov 2012

Why was the Participation of Indian States in the Growth Turnaround so Patchy? Some Evidence Based on Robustness Analysis

In Ghate & Wright Journal of Development Economics, vol. 99 (2012) pp 58–67, it was noted that there was considerable variation in the extent to which different Indian states participated in the Gr...

by Chetan Ghate | On 02 Nov 2012

Mid Term Appraisal of Eleventh Five Year Plan - 2007 - 2012

The Mid-Term Appraisal (MTA) reviews the experience in the first three years of the Plan and seeks to identify areas where corrective steps may be needed. The chapter presents a broad overview of the...

by Planning Commission | On 05 Oct 2012

The Sexual Harrasment of Women at Workplace (Prevention, Prohibition and Redressal) Bill, 2012: Commentary

The Lok Sabha (the Lower House of the Parliament) has, on 3 September 2012, passed the Sexual Harassment of Women at Workplace (Prevention, Prohibition and Redressal) Bill, 2012 (Bill). The Bill now r...

by Trilegal Bulletin | On 01 Oct 2012

Poverty, Human Development and Health Financing in India

This study aims at analyzing the differentials across rich and poor states and across rich and poorer strata and rural urban segments of 19 major Indian states. The study indicates that besides ind...

by Brijesh C Purohit | On 28 Sep 2012

Bihar: What went wrong? And what changed?

A historical narrative of Bihar is provided context to much of its current state, Focus is given on its contemporary economy in the past three decades to better understand the moribund state of its ec...

by Arnab Mukherji | On 28 Sep 2012

On the Internal Mobility of Indians: Knowledge Gaps and Emerging Concerns

This paper identifies key knowledge gaps on the issue of migration and commuting workers in India. [WP-2012-023]. URL:[http://www.igidr.ac.in/pdf/publication/WP-2012-023.pdf].

by S. Chandrasekhar | On 27 Sep 2012

Notional Contracts: The Moral Economy of Contract Farming Arrangements in India

This study examines the moral economy of firm-farmer contracts in contract farming schemes in India, bringing together data from field surveys, conducted between 2007 and 2010, of 42 agribusinesses a...

by Sudha Narayanan | On 20 Sep 2012

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

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

by Manish Gupta | On 17 Sep 2012

The Heterogeneous Welfare Impacts of Participation in Contract Farming Schemes: Evidence from Southern India

The heterogeneity of welfare impacts of contract farming participation is demonstrated by estimating an endogenous switching model using survey data for 474 farmers in four commodity sectors, gherkin...

by Sudha Narayanan | On 06 Sep 2012

The Challenge of Employment in India: An Informal Economy Perspective Volume I - Main Report

India is perhaps the first country to set up, at the national level, a commission to study the problems and challenges being faced by what in India is called the unorganized economy - or the informal...

by NCEUS NCEUS | On 05 Sep 2012

Economic and Financial Developments in Uttarakhand

A brief outline of the economic and financial structure of the State and the various financial inclusion initiatives taken by the Reserve Bank is highlighted. But there are some policy challenges in s...

by Deepak Mohanty | On 03 Sep 2012

MTNL: Why the Slow Death?

What is the cause of deteriorating services from MTNL? Suggestions are given to improve its services.

by Alex George | On 03 Sep 2012

Creating a Vibrant Entrepreneurial Ecosystem in India: Report of the Committee on Angel Investment and Early Stage Venture Capital

Even though the economic and social benefits of thriving entrepreneurship and innovation are evident, it is critical to recognize that these benefits will only accrue if the key gaps in the ecosystem...

by Planning Commission | On 31 Aug 2012

Integrating Mental Health and Development: A Case Study of the BasicNeeds Model in Nepal

The BasicNeeds model of Mental Health and Development (MHD), Nepal emphasizes user empowerment, community development, strengthening of health systems, and policy influencing. The Nepal program was...

by Shoba Raja | On 24 Aug 2012

Economic and Financial Developments in Odisha

The economic and financial structure of Odisha is highlighted. Various financial inclusion initiatives are taken by the Reserve Bank with a particular reference to Odisha. The macroeconomic policy cha...

by Deepak Mohanty | On 22 Aug 2012

Coordinating Healthcare and Pension Policies: An Exploratory Study

Rapid ageing of the population globally represents an unprecedented historical trend. As pension and healthcare costs are positively correlated with rising incomes, ageing, urbanization, and a shift f...

by Azad Singh Bali | On 20 Aug 2012

The Public Interest Disclosure and Protection to Persons Making the Disclosures Bill, 2010

Commonly known as the Whistleblower's Bill, it seeks to establish a mechanism to register complaints on any allegations of corruption or wilful misuse of power against a public servant. The Bill also...

by Parliamentary Research Service PRS | On 17 Aug 2012

Deriving India’s Potential Growth from Theory and Structure

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

The Quality of Governance How Have Indian States Performed?

What is ‘good’ governance? Can the quality of governance be measured? And how do state governments in India measure up by such a measure? [Working Paper no. 104]. URL:[http://www.nipfp.org.in/neww...

by Sudipto Mundle | On 02 Aug 2012

Structuring the Dedicated Freight Corridor Project a Lost Opportunity

This paper explores the evolution of two dedicated freight corridors in India (covering a distance of around 3300 kilometers), and critique them from the perspective of delivering the intended rail...

by Sobhesh Kumar Agarwalla | On 31 Jul 2012

Determinants of On-the-job Search in India: Macro and Micro Evidences

The main aim of this paper is to examine two core features of on-the-job search in India. First, based on National Sample Survey (NSS) 66th round unit level data, we identify the factors influencing t...

by Krishna M | On 27 Jul 2012

Raining problems

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

by T.N. Ninan | On 18 Jul 2012

Determinants of Child Morbidity and Factors Governing Utilisation of Child Health Care: Evidence from Rural India

The objective in this paper is to estimate the role played by such factors in determining the utilisation of formal health care to cure diarrhoea and certain respiratory illnesses plaguing young ch...

by Anindita Chakrabarti | On 02 Jul 2012

Has India Emerged? Business Cycle Stylized Facts from a Transitioning Economy

A comprehense documentation - using both annual and quarterly data - an exhaustive set of stylized facts for the Indian business cycle in the pre and post reform period, the data is used to report...

by Chetan Ghate | On 19 Jun 2012

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

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

by David A. Jaeger | On 01 Jun 2012

Climate Change Vulnerability of Mountain Ecosystems in the Eastern Himalayas

The ecosystem of the Eastern Himalayas are vulnerable to climate change as a result of their ecological fragility and economic marginality. The conservation policies at national and regional levels ar...

by Karma Tse-ring | On 28 May 2012

Obituary: Leela Dube (1923-2012)

Obituary: Leela Dube (1923-2012)

by Vibhuti Patel | On 22 May 2012

Private Returns to Public Office

The wealth accumulation of Indian parliamentarians using public disclosures required of all candidates since 2003 are studied. Annual asset growth of winners is on average 3 to 6 percentage points hi...

by Raymond Fisman | On 18 May 2012

Estimation of Capacity Utilisation in Indian Industries: Issues and Challenges

The estimation of capacity utilisation (CU) derives its significance from the fact that, if properly assessed, it may provide a reliable indication of incipient inflationary pressure in an economy. Me...

by Atri Mukherjee | On 09 May 2012

An Assessment of Inflation Modelling in India

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

by Karan Singh | On 26 Apr 2012

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

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

by Guillaume P Gruere | On 25 Apr 2012

Exports of Services: Indian Experience in Perspective

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

by Barry Eichengreen | On 23 Apr 2012

Draft National Early Childhood Care and Education (ECCE) Policy

The National Early Childhood Care and Education (ECCE) Policy reaffirms the commitment of the Government of India to provide integrated services for holistic development of all children, along the con...

by Government of India Ministry of Women and Child Development | On 20 Apr 2012

Rural Labor and Rural Nonagricultural Activities in the Philippines

The study examines the different aspects of labor in the rural household economy. It identifies the factors that significantly determine the rural households' labor allocation decisions. Moreover, i...

by Maria Teresa C Sanchez | On 18 Apr 2012

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

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

by Nidhi Aggarwal | On 10 Apr 2012

Monetary Transmission in Pakistan: The Balance Sheet Channel

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

by Safia Shabbir | On 09 Apr 2012

Jayati Ghosh on aid to India

Interviewed at the Guardian's Open Weekend festival, Indian economist Jayati Ghosh says aid from Britain benefits the UK more than it does India, and makes a negligible difference to relieving poverty...

by Jayati Ghosh | On 07 Apr 2012

Patterns of Labour Market Insecurity in Rural India: A Multidimensional and Multivariate Analysis

Labour market insecurity, recognised as pervasive in rural India, is multi-faceted. This study attempts to fill a gap in the research on key dimensions of labour market insecurity by using the Natio...

by Padmini Desikachar | On 02 Apr 2012

Price and Income Elasticity of Imports: The Case of Pakistan

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

by Khurram Ashfaq Baluch | On 30 Mar 2012

Budget Speech 2012-13: Mizoram

Budget Speech of PU H.LIANSAILOVA HON’BLE FINANCE MINISTER. [Government of Mizoram]. URL:[http://mizoram.nic.in/budget/Interim%20Budget%20Speech%2012-13.pdf].

by Finance Minister Mizoram | On 29 Mar 2012

Political Determinants of the Allocation of Public Expenditures: A Study of the Indian States

This study examines whether the allocation of public expenditures of the Indian states are significantly influenced by government specific political characteristics. Three types of government specif...

by Bharatee Bhusana Dash | On 27 Mar 2012

Is Community Forest Management Good for the Environment and the Poor? – A Review

Over the last two decades, community-based forest management has graduated from being an experimental strategy to becoming a much more mainstream approach. In developing countries, an estimated 22 p...

by Priya Shyamsundar | On 19 Mar 2012

Annual Report (2011-12) on The Working of State Power Utilities and Electricity Departments

Major shifts in the policy initiated in the electricity sector are well documented, only then the effect of the policy change can be analyzed, especially from the point of view of laying down future p...

by Planning Commission | On 19 Mar 2012

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

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

by N R Bhanumurthy | On 16 Mar 2012

Railway Budget 2012

The Minister of Railways, Dinesh Trivedi, presented the Railways Budget 2012 to Parliament on 14th March. In his address, he commented on the performance of Railways in 2011-12 and laid out his bud...

by Rohit Kumar | On 16 Mar 2012

Report of the Expert Group for Modernizaion of Indian Railways

There is in urgent need for modernization and generational Change need to be done in the Indian railways to assure safety, improve productivity, take advantage of advanced technology, respond to ever...

by Ministry of Railways | On 14 Mar 2012

State of Indian Agriculture 2011-12

The report reviews the status and performance of agriculture, especially during the last two decades, and also presents what could be the way forward, given our objectives of accelerated growth, inc...

by Ministry of Agriculture GOI | On 14 Mar 2012

The Global Race for Excellence and Skilled Labour: A Status Report

In this context, higher education as well as research and development (R&D) have long since ceased to be purely the domain of the developed Western economies. Numerous regions of the world, some in th...

by Ingo Rollwagen | On 09 Mar 2012

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

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

by Rakesh Basant | On 07 Mar 2012

Budget of Nepal 2011-12

Budget speech by Nepal Finance Minister. URL:[http://www.mof.gov.np/publication/speech/2011/pdf/budgetspeech_english.pdf].

by Ministry of Finance, Government of Nepal | On 06 Mar 2012

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

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

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

On the Road: Access to Transportation Infrastructure and Economic Growth in China

This paper estimates the effect of access to transportation networks on regional economic outcomes in China over a twenty-period of rapid income growth. It addresses the problem of the endogenous pl...

by Abhijit Banerjee | On 02 Mar 2012

India Cheapest, Japan Priciest for Pancakes

How much does it cost to make a pancake in India? The Economist had this fun infographic/chart where it charts the cost of ingredients that are used in making a pancake. A comment

by Sriram Vadlamani | On 01 Mar 2012

Capital Accumulation and Convergence in a Small Open Economy

Outward-oriented economies seem to grow faster than inward-looking ones. Does the literature on convergence have anything to say on this? In the dynamic Heckscher-Ohlin-Samuelson model, with factor-pr...

by Partha Sen | On 28 Feb 2012

Can Institutions be Reformed from Within? Evidence from a Randomized Experiment with the Rajasthan Police

Institutions in developing countries, particularly those inherited from the colonial period, are often thought to be subject to strong inertia. This study presents the results of a unique randomized t...

by Abhijit Banerjee | On 27 Feb 2012

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

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

by Danilo C Israel | On 27 Feb 2012

Indian Islam in the Age of Industry

Review of Bombay Islam: The Religious Economy of the West Indian Ocean, 1840-1915. by Nile Green. Cambridge University Press, New York 2011. xvi + 327 pp. $90.00 (cloth), ISBN 978-0-521-76924-2.

by Fahad A. Bishara | On 26 Feb 2012

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

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

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

Violent Conflict and Human Capital Accumulation

This paper reviews and discusses available empirical research on the impact of violent conflict on the level and access to education of civilian and combatant populations affected by violence. Three ...

by Patricia Justino | On 15 Feb 2012

Formalizing the Informal Economy: Women’s Autonomous Self-Employment in Rural South India

This paper considers the effects of contemporary restructuring of women and men’s employment in rural south India alongside ongoing efforts to recast India’s poor rural women as entrepreneurs. This s...

by Samantha Watson | On 15 Feb 2012

Selling Formal Insurance to the Informally Insured

Unpredictable rainfall is an important risk for agricultural activity, and farmers in developing countries often receive incomplete insurance from informal risk-sharing networks. The demand for, and...

by A. Mushfiq Mobarak | On 10 Feb 2012

Business and Growth Rate Cycles in India

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

by Pami Dua | On 10 Feb 2012

Comparing the Technical Efficiency of Indian Banks Operating Abroad and Foreign Banks Operating in India: A Stochastic Output Distance Function Approach

The aim of this paper is to compare the technical efficiency of Indian Banks operating abroad and foreign banks operating in India and to investigate the effect of openness of the country, ownership...

by Vivek Kumar | On 08 Feb 2012

The Euro Zone Crisis and its Dimensions and Implications

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

by M R Anand | On 06 Feb 2012

Who is the Identifiable Victim?: Caste Interacts with Sympathy in India

Earlier studies have documented an “identifiable victim effect”: people donate more to help individual people than to groups. Evidence suggests that this is in part due to an emotional reaction to the...

by Ashwini Deshpande | On 03 Feb 2012

Inflation in Nepal

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

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

Fiscal Policy in India: Trends and Trajectory

This essay examines the trajectory of India?s fiscal policy with a focus on historical trends, fiscal discipline frameworks, fiscal responses to the global financial crisis and subsequent return to a...

by Supriyo De | On 31 Jan 2012

“Reserve Bank of India Post-Policy Conference Call”

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

by Reserve Bank of India RBI | On 30 Jan 2012

India’s Food Security Bill: A Waste or Win for the Hungry?

Home to over 25 per cent of the world’s hungry poor, India faces major food security challenges and the situation has barely improved in two decades. Will the National Food Security Bill that the Indi...

by Sally Trethewie | On 27 Jan 2012

Third Quarter Review of Monetary Policy 2011-12

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

by Duvvuri Subbarao | On 25 Jan 2012

Macroeconomic and Monetary Developments Third Quarter Review 2011-12

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

by Reserve Bank of India RBI | On 25 Jan 2012

To Bt or Not to Bt? Risk and Uncertainty Considerations in Technology Assessment

Production costs and crop incomes in drought years are analyzed to test a simplistic theory of risk based on first principles. A mixed-methods framework is employed to draw inferences by combining da...

by Sarthak Gaurav | On 24 Jan 2012

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

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

by Madhuri Malhotra | On 24 Jan 2012

Stop the 'Chindia' talk

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

Energy in the Development Strategy of Indian Households-The Missing Half

The present paper explores the nexus between gender-energy-poverty, highlights areas of gender concern, and suggests actions. It is analyzed how women from rural areas and low income households are...

by B. Sudhakara Reddy | On 19 Jan 2012

On the Blowout Preventer Testing Problem: An Approach to Checking for Leakage in BOP Networks

Blowout Preventers (BOPs) and choke manifolds are key pieces of drilling rig equipment to prevent the uncontrolled release of potentially hazardous formation fluids to surface. The blowout prevent...

by Diptesh Ghosh | On 19 Jan 2012

Banks, Policy and Risks

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

by Ashima Goyal | On 18 Jan 2012

Challenges in IMS Reforms: A Global and Emerging Markets Perspective

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

by Alok Sheel | On 10 Jan 2012

The Evolving Dynamics of Global Economic Power in the Post-crisis World: Revelations from a New Index of Government Economic Power

This paper develops an index for measuring the economic power of governments viewed as entities in themselves. The basic idea is to encapsulate the economic representative power of a nation’s governme...

by Kaushik Basu | On 27 Dec 2011

A Conceptual Overview of Structural Equation Modeling

A synthesized version of Structural Equation Modelling (SEM) and its possible applications in Management problems is presented. The main contribution of the paper is its simple description of a some...

by Tathagata Banerjee | On 27 Dec 2011

Social Implications of Economic Reforms in India

Review of the book 'Economic Reforms and Social Exclusion: Impact of Liberalization on Marginalized Groups in India', by K S Chalam, Sage Publications, New Delhi, India.

by Rajesh Komath | On 26 Dec 2011

Monetary Neutrality in the Nepalese Economy during 1975-2008

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

by Mukesh Khanal | On 16 Dec 2011

On Learning, Innovation and Competence Building in India’s SMEs: Challenges Ahead

With a vast and diverse SME sector India’s industrialization owes much to the technological dynamism of enterprises. Various institutional interventions have been made to promote innovativeness in t...

by Keshab Das | On 13 Dec 2011

Why Full Open Access Matters

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

by Michael W Carroll | On 13 Dec 2011

Consumption Taxes: Their Ramifications for Income Distribution

The distribution effects or incidence of consumption taxes such as the Value Added Tax (VAT), Goods and Services Tax (GST) remains a contentious issue. Three aspects have to be distinguished. First is...

by Parthasarathi Shome | On 13 Dec 2011

Monetary and Fiscal Policy in the Presence of Informal Labour Markets

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

by Nicoletta Batini | On 02 Dec 2011

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

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

by Kaveri Prakash | On 01 Dec 2011

Impact of the Retail FDI Policy on Indian Consumers and the Way Forward

This paper analyses the impact of the retail FDI policy on Indian consumers and make policy recommendations for the Indian government. Based on a primary survey of Indian consumers, the paper examines...

by Arpita Mukherjee | On 28 Nov 2011

An Estimated DSGE Model of the Indian Economy

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

by Vasco Gabriel | On 28 Nov 2011

Informal Labour and Credit Markets: A Survey

This paper reviews the literature on the informal economy, focusing first on empirical findings and then on existing approaches to modelling informality within both partial and general equilibrium e...

by Nicoletta Batini | On 24 Nov 2011

How Prudent are Rural Households in Developing Transition Economies: Evidence from Zhejiang, China

Rural households in developing economies frequently use precautionary saving to cope with income risk. Such prudent behavior can be strengthened in transition economies where more risks are typically...

by Ling Jin | On 23 Nov 2011

Do Auction Bids Betray Expectations-Based Reference Dependent Preferences? A Test, Experimental Evidence, and Estimates of Loss Aversion

A novel experimental auction design that exploits an exogenous variation in the probability of winning to test for the presence of expectations-based reference dependent preferences is provided. [Wo...

by Abhijit Banerji | On 22 Nov 2011

Geographical Agglomeration of Indian and Chinese Multinationals in Europe: A Comparative Analysis (Preliminary version)

The outward FDI from emerging economies to developed countries is of great interest to international business researchers and policy makers, also with regard to their location and sectoral patterns....

by Haiyan Zhang | On 21 Nov 2011

The Impossible Trinity and Capital Flows in East Asia

The Impossible Trinity doctrine still holds a powerful sway over policymakers, advisors (particularly the International Monetary Fund [IMF]) and academia. In East Asia over the past decade, however,...

by Stephen Grenville | On 15 Nov 2011

Energy Intensity and Firm Performance: Do Energy Clusters Matter?

In analyzing this phenomenon for Indian manufacturing industries, this study tries to find out the determinants of profitability of firms based on three energy clusters (natural gas, petroleum, coal)...

by Santosh Kumar Sahu | On 10 Nov 2011

Brand India: No Equity for Children

India has embarked upon an economic model driven by the free market incorporating processes of liberalisation, privatisation and globalisation. Our children today live, in what some describe as “Brand...

by HAQ Centre for Child Rights HAQCRC | On 10 Nov 2011

Feminist Economics of Trade: Reflections on the Indian Manufacturing Sector

This paper examines the socio-economic condition of women in India. The paper begins by delving into different forms of violence faced by women in India, giving special attention to the work sphere a...

by Susana Barria | On 09 Nov 2011

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

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

by Changqi Wu | On 08 Nov 2011

Explorations in Cultural Process

Review of the book 'Locating Cultural Change Theory, Method, Process' Partha Pratim Basu and Ipshita Chanda (eds.) Sage Publications, New Delhi, 2011, 279 pp, Rs.795/.

by Hemali Sanghavi | On 04 Nov 2011

Monetary Operating Procedures: Principles and the Indian process

As markets deepen and interest elasticities increase it is optimal for emerging markets to shift towards an interest rate instrument since continuing monetization of the economy implies money demand...

by Ashima Goyal | On 04 Nov 2011

The Financial Accelerator: An Emerging Market Story

In support of the financial-accelerator theory, evidence is found on countercyclical price-cost banking margins possibly explaining the amplifications of business cycles in Pakistan. [WP 41]. URL:[ht...

by Shah Hussein | On 03 Nov 2011

Hospital based Crisis Centre for Domestic Violence: The Dilassa Model

The brief is based on the experience and the success of a hospital based Crisis Centres for women facing domestic violence in Mumbai - Dilaasa. It is a joint initiative of the MCGM and CEHAT, establ...

by ... CEHAT | On 02 Nov 2011

Macro-Economic Policy Outcomes and Agriculture Relation between Fiscal Deficits and Investment in Agriculture

In an earlier paper (Alagh, Munish, 2011) it was shown that macro economics matters in agriculture. The relevance of understanding the impact of macro-economic policy on agriculture was outlined. A...

by Munish Alagh | On 24 Oct 2011

Kakkanadan: the Oracle of Strength in Malayalam

Born on 23rd April, 1935, Kakkanadan, a Malayalam language short story writer and novelist from Kerala state, South India passed away on 19th October 2011. He is often credited with laying the foundat...

by Alex George | On 24 Oct 2011

Dorm Spaces and Sociability

Physical spaces may significantly shape social interaction. This study has explored how the residential provisions (Dormitories) for students at IIM-Ahmedabad impact their social life. This paper ad...

by Arvind Shatdal | On 21 Oct 2011

Gender, Governance and Women’s Rights in South Asia

This study focuses on gender equality and democratic governance in the five largest states of the South Asian region, namely, India, Pakistan, Bangladesh, Sri Lanka and Nepal. Beginning with a general...

by Seema Kazi | On 20 Oct 2011

Environmental Journalism in South Asia

Book review 'The Green pen: Environmental Journalism in India and South Asia' by Keya Acharya and Frederick Noronha (eds) Sage, 2010, page 312, Rs 395.

by Vrijendra | On 19 Oct 2011

Institutional and Procedural Challenges to Generic Production in India: Antiretrovirals in Focus

With a review of the historic role of India as a supplier of Antiretrovirals (ARV) medicines the paper outlines some of the key rulings in Indian courts as the interpretation of the new patent laws ar...

by Cassandra Sweet | On 19 Oct 2011

Comparison of Privatization Processes of Telecom Services in India and Brazil

Apart from being BRIC countries, what India and Brazil have in common is a large service sector that contributes significantly to the GDP. The service sector contributed 66% to the Brazilian GDP and 5...

by Rekha Jain | On 18 Oct 2011

Evaluation of Value-Added Agricultural Advisory Services: Case Study of Agriclinics in Southern India

The Indian national program of agriclinics and agribusiness centers, started in 2002, aims to provide farmers with a reliable alternative to the private input dealer by subsidizing technically trained...

by Claire J Glendenning | On 14 Oct 2011

Knowledge Flows and Capability Building in the Indian IT Sector: A Comparative Analysis of Cluster and Non-Cluster Locations

In this study, a comparative analysis of the role of knowledge flows in capability formation among firms in the Indian Information Technology sector (IT sector) across cluster and non-cluster location...

by Rakesh Basant | On 13 Oct 2011

Global Economic Crisis: Impact and Restructuring of the Services Sector in India

The Indian economy has shown considerable resilience to the global economic crisis by maintaining one of the highest growth rates in the world. The services sector accounted for around 88 per cent of...

by Abhijit Das | On 13 Oct 2011

Paraiyans’ Self-assertion for Identity

Review of Nandanar’s Children: The Paraiyans’ Tryst with Destiny Tamil Nadu 1850—1956, Raj Sekhar Basu, Sage India, New Delhi, 2011, 492 pp, Rs 895

by Rajesh Komath | On 11 Oct 2011

User-based Financing of Marine Protection in the Maldives

This paper provides an economic valuation of the recreational uses of atoll-based marine resources in the Republic of the Maldives. A travel demand model to estimate the benefits of atoll-based marin...

by Mahadev G Bhat | On 30 Sep 2011

Global Production Networks in Electronics and Intra-Asian Trade

The growth of East Asia’s intra-regional trade is driven largely by increased component trade within global electronics production networks. Data on both electronics trade and production elucidate a...

by Byron Gangnes | On 29 Sep 2011

Understanding Inflation and Controlling It

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

by Kaushik Basu | On 28 Sep 2011

Labour Market in Urban Agglomerations: A case from an Indian Global City

The study explores different aspects of employment and labour market prevalent in large in UAs, in particular global cities. To capture the role of labour market in urban agglomeration, particularly...

by G.D Bino Paul | On 27 Sep 2011

Monetary Policy Dilemmas: Some RBI Perspectives

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

by Duvvuri Subbarao | On 27 Sep 2011

Opening India’s Garments Sector to South Asia

This paper examines the competitiveness of the Indian garments industry vis-à-vis the other South Asian countries Bangladesh, Pakistan and Sri Lanka. Under the SAFTA agreement, many of the garment i...

by Saon Ray | On 16 Sep 2011

Agricultural Productivity and Credit- Issues and Way Forward

Certain trends in agricultural productivity, agricultural finance are outlined. Recommendations for improving agricultural productivity are given here. [Address at The National Seminar on Productivity...

by Chakrabarty K C | On 12 Sep 2011

Productivity Dynamics in the Indian Pharmaceutical Industry: Evidences from Plant-level Panel Data

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

Mortality, the Family and the Indian Ocean Tsunami

Over 160,000 people died in the 2004 Indian Ocean tsunami. The correlates of survival are examined using data from the Study of the Tsunami Aftermath and Recovery (STAR), a population-representative...

by Elizabeth Frankenberg | On 06 Sep 2011

Agricultural Economy of India and Macro-Economic Effects: Some Empirical Results and a Research Agenda based on the Literature

This paper focuses on macroeconomic linkages with agriculture. From an extensive literature review the question that emerges is: is there a structural constraint in Indian agriculture or does Indian...

by Munish Alagh | On 02 Sep 2011

Infrastructure Investment and Regional Economic Growth: A Case Study of Maharashtra

The study initially reviews the infrastructure facilities for the 33 districts of Maharashtra for one year i.e.1999-2000. Using this, the extent of disparities between these regions is found. Further...

by A M Swaminathan | On 29 Aug 2011

Institutional Innovations and Models in the Development of Agro-Food Industries in India: Strengths, Weaknesses and Lessons

Agro-industries are given high priority in India particularly because of their great potential for contributing to development. The emphasis on village-based agro-industries was introduced almost a...

by Vasant P Gandhi | On 29 Aug 2011

Agriculture’s Role in the Indian Enigma: Help or Hindrance to the Undernutrition Crisis?

In this paper agriculture’s role in the Indian enigma is reassessed by exploring two key pathways, an income–consumption pathway and an employment–time use pathway, linking agricultural conditions to...

by Derek Headey | On 29 Aug 2011

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

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

by Sandra Polaski | On 26 Aug 2011

Indian Social Democracy: The Resource Perspective

This paper examines the strategy for obtaining adequate resources for the Indian State, where the goals of the State comprise the provision of public goods (which, by de nition, bene t everyone) and...

by P.V. Srinivasan | On 24 Aug 2011

The Role of Macroeconomic Policy in Rebalancing Growth

The aftermath of the global financial crisis of 2007–2009 has called the export-led growth model of Asian economies into question. This paper describes the contribution that macroeconomic policy can m...

by Peter Morgan | On 23 Aug 2011

Technology in Banking- In Pursuit of Excellence

The contribution of technology to the Indian banking industry, the role played by IDRBT and the significance of banking technology awards, in fostering the technological developments of banks. Issues...

by Anand Sinha | On 23 Aug 2011

Reforms in Indian Agro-processing and Agriculture Sectors in the Context of Unilateral and Multilateral Trade Agreements

In this paper, the potential impacts of trade and investment-related policy reforms on India’s agro-processing sector is explored. The direct effects of policy reforms within the processing sector, an...

by A. Ganesh-Kumar | On 22 Aug 2011

Urbanization in India: Evidence on Agglomeration Economies

The paper examines the urbanization pattern with context of India. The paper deals with various demographic aspects of urbanization. Also the paper focuses on characteristics and classes of cities, an...

by Arup Mitra | On 19 Aug 2011

Does Land Reform Matter? An Empirical Analysis of Indian States

This article looks into the role of land reform in comparison to concentric ef fort to augment agricultural GDP. Redistribut ive land reform policy aims to improve land endowments of poor, though va...

by Debdatta Pal | On 18 Aug 2011

Tackling Malnutrition: What can Targeted Nutritional Interventions Achieve?

A key queestion is: which groups should receive priority in a situation of constrained resources? Ideally the twin dangers of leaving out malnourished groups from the purview of the policy, and cov...

by Gopalakrishna Kumar | On 17 Aug 2011

Foreign Direct Investment and Technology Spillover: An Evaluation Across Different Clusters in India

The paper attempts to explore the technology spillover effects of Foreign Direct Investment (FDI) in Indian manufacturing industries across different selected clusters in India. To measure the spillov...

by Pami Dua | On 12 Aug 2011

Bond Market Development in Asia: An Empirical Analysis of Major Determinants

This study attempts to identity the major determinants of bond market development in Asian economies, through examining its relationship with selected key financial and economic factors, and to provid...

by Biswa Nath Bhattacharyay | On 10 Aug 2011

Determinants of Primary Yield Spreads of States in India: An Econometric Analysis

An attempt is made to identify the determinants of yield spreads between the State and Central government securities in a panel data framework as has been used in several cross-country studies. This...

by Dhritidyuti Bose | On 08 Aug 2011

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

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

by Rakesh Kumar | On 04 Aug 2011

Efficiency and Productivity Growth in Indian Banking

This paper attempts to examine technical efficiency and productivity performance of Indian scheduled commercial banks, for the period 1979-2008. A model is constructed using multiple output/multiple i...

by S S Rajan | On 03 Aug 2011

Tracking India Growth in Real Time

This paper compares different approaches to the short term forecasting (nowcasting) of real GDP growth in India and evaluates methods to optimally gauge the current state of the economy. Univariate ...

by Rudrani Bhattacharya | On 02 Aug 2011

Draft National Competition Policy for India

National Competition Policy is necessitated, as an overarching Policy framework, in continuation of the 1991-reforms, to infuse greater competition across sectors, and unleash fuller growth potential...

by Ministry of Corporte Affairs GOI | On 01 Aug 2011

Government Mediated Program on Intensifying Industry-Academia Linkages for Human Resource Development; Experinces of an Innovative Model from TIFAC

The importance of academia- industry linkages for development of an economy is well recognized. With a view to make the higher technical education relevant, by forging and catalyzing functional link...

by Jancy Ayyaswamy | On 26 Jul 2011

“Indian” Literatures Today: English and Bhasha Literatures in an Uneasy Relationship

Review of Other Tongues: Rethinking the Language Debates in India. Edited byNalini Iyer, Bonnie Zare,Rodopi, Amsterdam. 2009. 248 pp. $71.00 (cloth), ISBN 978-90-420-2519-6.

by KumKum Chatterjee | On 23 Jul 2011

Global Financial Crisis: Implications for Trade and Industrial Restructuring in India

This study investigates the impact of global crisis shocks on India’s trade and industry. Both panel data modeling and vector autoregression techniques are used to understand the dynamic effects of gl...

by Prabir De | On 22 Jul 2011

Pendency of Cases in Indian Courts

The Union Law Minister recently launched the ‘Mission Mode Programme for Reduction of Pendency of Arrears in Courts’. According to media reports, the programme aims to dispose of 40 per cent of the...

by Rohit Kumar | On 15 Jul 2011

Shocks, Economic Growth and the Indian Economy

This paper analyses the impact of domestic and external shocks on the Indian economy. A macro-modelling framework is developed that evaluates the impact of two domestic shocks (rainfall shortfall an...

by B B Bhattacharya | On 15 Jul 2011

Improving Reading Skills by Encouraging Children to Read: A Randomized Evaluation of the Sa Aklat Sisikat Reading Program in the Philippines

An evaluation of a program that aims to improve children’s reading skills by providing classes with age‐appropriate reading material and incentivizing children to read through a 31 day readR...

by Ama Baafra Abeberese | On 12 Jul 2011

Poverty, RCH-Care Utilization and Fertility in India: A District Level Analysis

The study highlights interlinkages amongst district level poverty, socioeconomic developmental indices, RCH-care utilization and fertility. Thereby the study formulates a recursive model to highlight...

by S C Gulati | On 11 Jul 2011

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

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

by Alivelu G | On 11 Jul 2011

Socio-Economic Characteristics of the Tall and not so Tall Women of India

New studies are increasingly appearing based on historical data across the world that better socio-economic status is associated with taller men and women. This study based on a recent Indian data ana...

by Brinda Viswanathan | On 08 Jul 2011

Board Interlocks and Their Impact on Corporate Governance: The Indian Experience - Coping with Corporate Cholesterol

Board interlocks and corporate elites are an engaging field of ongoing academic and policy research around the world, especially because of the concentration of economic power in few individuals or en...

by Bala N Balasubramanian | On 08 Jul 2011

Media and Much Else

Review of Political Economy of Communications in India: The Good, the Bad and the Ugly by Pradip Ninan Thomas; Sage, India; 2010, Rs 650.

by Vrijendra | On 07 Jul 2011

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

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

by Dipak Dasgupta | On 06 Jul 2011

Fisher’s Equation: Some Methodological Doubts

The Fisher's equation has become a foundation stone of modern macroeconomic, monetary and financial theories. Here it is shown that despite the estabilished status of Fisher's equation, it stands on...

by Rajas Parchure | On 04 Jul 2011

Socio-economic Dimensions of Globalization in India

After Independence, the managers of the Indian economy took very cautious steps. They found the world sharply divided into two blocs: the one led by the capitalist economies (the US in particular) a...

by S.K. Mishra | On 24 Jun 2011

Challenges and Opportunities in a Trillion Dollar Economy

The Indian economy reached the trillion US dollar GDP milestone in 2007 and joined other countries of the trillion dollar club, namely, the US, UK, Japan, Germany, China, France, Italy, Spain, Canada,...

by Chakrabarty K C | On 21 Jun 2011

Fixed Costs, The Balanced-Budget Multiplier and Welfare

In a two-sector model, where one of the sectors is monopolistically competitive and subject to increasing returns to scale but without love for variety, the effects of a balanced budget fiscal expansi...

by Partha Sen | On 20 Jun 2011

Foodgrains Policy and Management in India: Responding to Today’s Challenges and Opportunities

Indian public foodgrains management, perhaps still motivated by the experiences of the 1960s to attain and maintain self-sufficiency in foodgrains to achieve food security, has outlived its’ usefulnes...

by A. Ganesh Kumar | On 16 Jun 2011

Alvida, Maqbool Fida: M.F. Husain, Free at Last

In a television interview not so long ago when the interviewer painfully and persistently asked Husain yet again, why he had chosen Qatar over Hindustan, he said laughing, playfully invoking and twis...

by Shuddhabrata Sengupta | On 15 Jun 2011

City Governments and Public Water Supply in India: Analysing the Institutional Economics

Given that the 74th amendment to the Indian Constitution stipulates that the water supply service is to be transferred to the city/urban governments this note analyses the institutional economics of...

by Centre for Global Development | On 15 Jun 2011

Efficiency Spillovers from FDI in the Indian Machinery Industry: A Firm Level Study Using Panel Data Models

Adopting a micro-level framework of impact of FDI in an industry, this study empirically examines the following three issues in the context of Indian machinery industry (IMI) - division 28 of Nation...

by Pradeep Kumar Keshari | On 14 Jun 2011

Finding the Meaning of the Word ‘Livelihood’

Livelihood has many meanings. To many it is that which gives you a source of income. Yet it is only when livelihoods come to mean sustainable ways of living that we will move towards an alternative...

by Collin Furtado | On 13 Jun 2011

WRR: Special Focus on Restoring the Flow

The June issue of World Rivers Review is overflowing with ideas on on how to maintain healthy flows in rivers, for their health and our own. If a river's flow is its heartbeat, then we humans have bec...

by International Rivers Network IRN | On 13 Jun 2011

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

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

by Chakrabarty K C | On 10 Jun 2011

GAVI’s Future: Steps to Build Strategic Leadership, Financial Sustainability, and Better Partnerships

On June 13, the GAVI Alliance will hold its first pledging conference, seeking to obtain commitments for US$ 3.7 billion for the 2011–15 period. Remarkably, in the midst of a historic global recession...

by Lisa Carty | On 09 Jun 2011

Aid Supplies Over Time: Accounting for Heterogeneity, Trends, and Dynamics

The recent financial crisis has rekindled interest in the foreign aid supply behaviour of bilateral donors. Using the latest data covering the period 1960-2009, this paper examines how such behaviou...

by Sam Jones | On 01 Jun 2011

Demand or Supply for Schooling in Rural India?

Is the poor human capital investment by rural Indian families primarily a supply side or a demand side issue? School attendance and total human capital investment time (time in school plus travel ti...

by Sripad Motiram | On 01 Jun 2011

Right to Food in India

The objective of this paper is to examine right to food in the Indian context. The right to food is analysed in terms of availability, accessibility, adequacy and sustainability. These are examined...

by S. Mahendra Dev | On 27 May 2011

Indian Railways Statistical Statement (2009-2010)

This paper presents the statistical statement of the Ministry of Railways, India. URL: [http://www.indianrailways.gov.in/railwayboard/uploads/directorate/stat_econ/Stat_0910/Annual_Statistical_Stateme...

by Ministry of Railways | On 26 May 2011

Trade Apprenticeship Training in India

The Indian economy was in the mode of globalization and liberalization. But global financial melt down and consequent economic recession in developed economies have clearly been a major factor in...

by Ministry of Labour and Employment | On 24 May 2011

REalisation of 'Self'n Vijay Tendulkar's 'Kamala'

In India, today too, majority of educated women are unaware of their true self and still stuck in the process of self realisation. Moreover, there are some women who are aware of their self, their rig...

by Sachin S. Bhumbe | On 09 May 2011

India at 75: Towards Inclusive Growth through Labour Market Reforms

The policy of free hiring and firing, leading to a high labour turnover is in nobody’s interest: employers lose industrially accumulated useful skills while workers lose jobs and incomes. Yet job secu...

by Snehal Barai | On 09 May 2011

History in Bengali Literature: A Study of Selected Bengali Novels

Great novelists through their writings placed the history of the Indian national and social awakening movement in literature.The context of this article is great three novels of three great littérat...

by Sarmistha Ghoshal | On 09 May 2011

Monetary Policy Statement 2011-12

This Statement sets out the Reserve Bank’s assessment of the current macroeconomic situation and projections. URL:[http://rbidocs.rbi.org.in/rdocs/notification/PDFs/APS030511F.pdf].

by Duvvuri Subbarao | On 03 May 2011

Is Economic Growth Sustainable? Environmental Quality of Indian States Post 1991

This study is an attempt to investigate the relationship between environmental quality and per capita NSDP i.e., (Environmental Kuznets Curve, EKC) of four major Indian States in the light of their ve...

by Sacchidananda Mukherjee | On 02 May 2011

Measuring Energy Use Efficiency in Presence of Undesirable Output: An Application of Data Envelopment Analysis (DEA) to Indian Cement Industry

In most cases, energy use in the production of a given desirable output results in the generation of undesirable output also as a by-product. Thus, the aim of this paper is to estimate energy use...

by Sabuj Kumar Mandal | On 02 May 2011

Deregulation of Savings Bank Deposit Interest Rate: A Discussion Paper

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

by Reserve Bank of India RBI | On 02 May 2011

Has India Emerged? Business Cycle Stylized Facts from a Transitioning Economy

This paper presents a comprehensive set of stylised facts for business cycles in India from 1950 - 2009. India's business cycle in the pre 1991 economy is compared with the post 1991 Indian economy,...

by Ila Patnaik | On 27 Apr 2011

Did the Indian Capital Controls Work as a Tool of Macroeconomic Policy?

In 2010 and 2011, there has been a fresh wave of interest in cap- ital controls. India is one of the few large countries with a complex system of capital controls, and hence others an opportunity to...

by Ila Patnaik | On 21 Apr 2011

Short Duration Migration in India: An Appraisal from Census 2001

This paper tries to focus on the method to assess the magnitude of short/seasonal migration based on its broad characteristics. It attempts to analyse the contrasting characteristics of short durat...

by Vijay Korra | On 18 Apr 2011

Indian Gendercide: A Great Threat to Security

The result of 2011 census of India is almost all heartening. Literacy is up; life expectancy is up; family size is stabilizing. But there is one grim exception- India’s already skewed infant sex rati...

by Gursharan Singh Kainth | On 15 Apr 2011

A Policy Reponse to the Indian Micro-finance Crisis

Recent events in India have brought a fresh focus upon the problem of regulation in the field of micro-finance. This paper delineates the three distinct aspects where government needs to play a role...

by Renuka Sane | On 13 Apr 2011

Financing Pattern of Indian Corporate Sector Under Libaralisation: With Focus on Acquiring Firms Abroad

An attempt has been made in this paper to analyse the financing pattern of Indian corporate sector during 1990-2009. This paper further seeks to identify the pattern of resource mobilisation of Ind...

by P L Beena | On 08 Apr 2011

On The Optimal Coordination Of Uninformed Agents by an Informed Principal

They consider organizations with a single principal and many agents who interact in an environment with the following features: (a) Nature imperfectly informs the principal via a state-contingent si...

by Sudhir A. Shah | On 30 Mar 2011

How to Boost Environmental Literacy – A Case Study from Bangladesh

South Asia, faces a range of environmental problems. Environmental education and increased awareness play an important role in addressing these challenges. [Policy Brief No. 45 -10] URL: [http://ww...

by M. Jahangir Alam Chowdhury | On 25 Mar 2011

Hot Topics for the Future of PRC and Hong Kong, China

At the end of 2004, the macroeconomic balance in the People’s Republic of China (PRC) raises some interesting options. The external sector enjoys a huge surplus, with significant increases in the cu...

by Toshiki Kanamori | On 25 Mar 2011

Macroeconomic Uncertainty and Corporate Liquidity: The Indian Case

Interest in the uncertainties prevailing at the macroeconomic level has always been well known in economic literature. This paper analyses the effect of firm level and macroeconomic uncertainty on t...

by Mrinal Kanti | On 22 Mar 2011

Book Review: Power, Identity, and Moral Order in the Indian Railway

Lines of the Nation: Indian Railway Workers, Bureaucracy, and the Intimate Historical Self by Laura Bear. The Culture of History Series, Columbia University Press, New York 2007. 360 pp. $49.00 (cloth...

by David A. Campion | On 22 Mar 2011

Banking and Beyond: New Challenges before Indian Financial System

A very basic and core issue for the Indian banking system and that is the challenge of achieving Financial Inclusion. Without being inclusive, financial and economic stability cannot be sustainable. F...

by Chakrabarty K C | On 17 Mar 2011

Health, Technical Efficiency And Agricultural Production In Indian Districts

In this study, they attempt to quantify the effect of improved population health on technical efficiency in agricultural production. Using data for over 260 districts in 15 Indian states, they emplo...

by Atheendar S. Venkataramani | On 17 Mar 2011

DHR panel on ‘guidelines for accreditation of health research organizations’ submits report

March 15, 2011: The 16-member Dr Rajinder Kumar committee, constituted by the Department of Health Research to evolve guidelines for accreditation of health research organisations has submitted its re...

by | On 15 Mar 2011

Stimulus, Recovery and Exit Policy G20 Experience and Indian Strategy

There are large variations among the G20 countries in their deceleration experiences, transmission mechanisms and their current macroeconomic outlook. Hence, this paper argues that each country nee...

by Sudipto Mundle | On 14 Mar 2011

Salient Aspects of the Growth Story of Indian Railways 1981-82 through 2007-08

This paper makes an attempt to provide a broad overview of the salient aspects of the growth story of Indian Railways (IR) since independence. More specifically, the study aims to analyse the trends...

by G. Alivelu | On 10 Mar 2011

The (mis)allocation of Capital

Is capital allocated so that its marginal product is equated to the market interest rate? Is the marginal product of capital equalized across its alternative uses. This paper attempts to answer both...

by Abhijit V. Banerjee | On 08 Mar 2011

Brihanmumbai Municipal Corporation (BMC) Gender Budget 2011-12

The Corporation has decided to implement various schemes for females within the framework of its obligatory and discretionary functions as laid down in the M.M.C. Act. A step towards it, is a separat...

by Municipal Commissioner BMC | On 07 Mar 2011

Female Labour Migration in India : Insights From NSSO Data

The objective of this working paper is to examine the extent of employment oriented migration of females in India and the inter–state variations in its magnitude using NSSO 55th Round Household level...

by Shanthi. K | On 04 Mar 2011

No Protection for the AamBachcha

Despite some commendable efforts and achievements of the Indian state, it is an explicit fact that the majority of children in India are suffering, deprived of basic resources and needs for an average...

by HAQ Centre for Child Rights HAQCRC | On 01 Mar 2011

Indian Railway Budget 2011-12

Railway Budget 2011-12.

by Mamata Banerjee | On 25 Feb 2011

Economic Growth and the Rise of Forests

Although forests have diminished globally over the past 400 years, forest cover has increased in some areas, including India in the last two decades. Aggregate time-series evidence on forest growth...

by Mark Rosenzweig | On 25 Feb 2011

Will it be Different this Time?

All proposals and policy measures in the forthcoming Budget may best be summed up as efforts to improve the sustainability of growth. Specific objectives are likely to be lowering inflation and defici...

by IRIS India IRIS | On 22 Feb 2011

Acreage and Yield Response for Major Crops in the Pre- and Post-Reform Periods in India: A Dynamic Panel Data Approach

Supply response to price changes is likely to increase with the increasing liberalization of the agricultural sector in India. Past studies revealed a weak supply response for Indian agriculture. No...

by G. Mythili | On 21 Feb 2011

Macroeconomic Forecasting using Dynamic Factor Models

This study attempts to develop a dynamic factor model (DFM) to forecast industrial production and price level in India. For this purpose, domestic as well as external economic indicators, that appea...

by Sanjib Bordoloi | On 21 Feb 2011

Central Bank Lessons from the Global Crisis

Nine preliminary lessons from the Great Recession for monetary and financial policies are presented. [3rd P. R. Brahmananda Memorial Lecture].

by Stanley Fischer | On 18 Feb 2011

Informal Regulation of Pollution in a Developing Country

Recent literature has not only recognized the implementation limitations of formal regulation, but also appreciated the significance of informal regulation for achieving environmental goals for develo...

by Vinish Kathuria | On 18 Feb 2011

Indian Social Democracy:The Resource perspective

This paper examines the strategy for obtaining adequate resources for the Indian State, where the goals of the State comprise the provision of public goods (which, by defi nition, benefi t everyone)...

by Vijay Kelkar | On 17 Feb 2011

The Malaise of the Indian Financial System: The Need for Reforms

The world over, the financial sector is faced with adjustment problems of facing up to rapid changes in the environment. The Indian financial system cannot be immune to this universal phenomenon. What...

by S.S. Tarapore | On 16 Feb 2011

National Programme for the Health Care of the Elderly-Better Late than Never

While there are many path-breaking elements in the Programme document, the stress is on a top down programme that leaves little room for accommodating regional needs. Nor is there much emphasis on enc...

by Syam Prasad | On 15 Feb 2011

Valuing the Environment in Developing Countries: Modeling the Impact of Distrust in Public Authorities’ Ability to Deliver on the Citizens’ Willingness to Pay for Improved Environmental Quality

This paper employs the choice experiment method to estimate local  citizens’ valuation of a public intervention which proposes to improve the  quality of an important environmental resource, namel...

by Ekin Birol | On 09 Feb 2011

Sustaining Employment and Equitable Growth: Policies For Structural Transformation of The Indian Economy

Broad ranging economic reforms were introduced in the Indian economy in the early 1990s. Yet there was no evidence of a statistical break in the rate of growth of the Indian economy during the ninet...

by Arvind Virmani | On 08 Feb 2011

The Global Financial Crisis and Macroeconomic Policy Issues in Asia

The purpose of this policy brief is to draw lessons from the recent and ongoing macroeconomic policy experience of Asia’s economies. To do so, in each of three policy areas (monetary, fiscal, and e...

by Shinji Takagi | On 04 Feb 2011

Reforming the Indian Financial System

The key features of Indian finance is summarised. With a growing savings rate and a growing share of private corporate capital forma- tion, and with a high growth rate of GDP, Indian finance is rapi...

by Ajay Shah | On 03 Feb 2011

Third Quarter Review of Monetary Policy 2010-11

This statement sets out the Reserve Bank’s assessment of the current macroeconomic situation and forward projections.

by D Subbarao | On 31 Jan 2011

Singapore's Exchange Rate-Based Monetary Policy: A Critical Evaluation

The exchange rate-based monetary policy followed by the Monetary Authority of Singapore (MAS) is outlined. Possible theoretical frameworks, including a reaction function is outlined. The way the MAS h...

by Partha Sen | On 31 Jan 2011

Draft National Health Research Policy

The Indian Council of Medical Research, an autonomous agency within the Ministry of Health, was the apex organization responsible for guiding, supporting and conducting medical research in the c...

by Indian Council of Medical Research ICMR | On 30 Jan 2011

Structural Adjustment in India: A Survey of Recent Studies & Issues for Further Research

Since the early nineties the Indian economy has been subjected to a process of stabilization-cum-structural adjustment. Stabilization involves short-term demand management through monetary and fiscal...

by K.J. Joseph | On 28 Jan 2011

The United Arab Emirates: Some Lessons in Economic Development

Oil was discovered in the United Arab Emirates (UAE) just 50 years ago. During that time, UAE has been able to transform itself into a rapidly modernizing country, which is fast becoming a major e...

by Yaw Nyarko | On 27 Jan 2011

Voluntary Contribution in the Field: An Experiment in the Indian Himalayas

In this paper is a study of trend of voluntary contribution for community services in the Indian Himalayan region. The study is done by using an experimental game method of face-to-face communication...

by Sujoy Chakravarty | On 25 Jan 2011

Combining Health and Social Protection Measures to Reach the Ultra Poor: Experiences of BRAC

Life expectancy and other indicators of health status have, on average, increased markedly across the world during the last century. At the same time, however, health inequities within and between pop...

by Syed Masud Ahmed | On 20 Jan 2011

Cost-benefit Analysis of CFPR

This paper presents a cost-benefit analysis of the first cohort (2002-03) of selected ultra poor (SUP) households of BRAC’s CFPR. The analysis calculates benefit of the programme using primary data...

by Sanjay Sinha | On 20 Jan 2011

The Impact of Social and Economic Development Programmes on Health and Well-being: a BRAC-ICDDR,B Collaborative Project in Matlab

ICDDR,B is an international health research institution. It is equipped with necessary research facilities including excellent field study areas. The field areas are specifically designed for resear...

by Abbas Bhuiya | On 14 Jan 2011

Evolution of India’s Exchange Rate Regime

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 French Nuclear Energy Experience: Lessons for India

This study seeks to derive lessons from the French nuclear energy experience that can be used to guide the Indian programme as it steps on the pedal to fast track nuclear expansion. [Occasional Paper...

by Manpreet Sethi | On 13 Jan 2011

The Disinterested Government: An Interpretation of China’s Economic Success in the Reform Era

In the last 30 years, China has achieved high economic growth and successfully transformed its economy from a planned economy to a market-based system. The country, to a large extent, has attaine...

by Yang Yao | On 10 Jan 2011

To Develop or to Conserve? The Case of the Diyawanna Oya Wetlands in Sri Lanka

The Diyawanna Oya wetland ecosystem has proven to be an important recreational site in the greater Colombo area in the face of the growing demand for urban recreational amenities. It provides a wide s...

by Thusita Dilhani Marawila | On 06 Jan 2011

Pentavalent and other New Combination Vaccines: Solutions in Search of Problems

The pentavalent vaccine and many other combination vaccines waiting to enter Universal immunization Programme (UIP) have brought into sharp focus the gaping gap between lofty slogans of ‘evidence ba...

by Y Madhavi | On 05 Jan 2011

Income Distribution and Labour Movement in China after WTO Membership: A CGE Analysis

Using a CGE model, PRCGEM, with an updated 2002 I/O table, this paper explores how earnings will be affected in each of 40 separate industries across 31 regions (or 8 regional blocks) of China for...

by Jiao Wang | On 05 Jan 2011

Effects of Socio-economic Development on Health Status and Human Well-being

Bangladesh is popularly described in the literature as a ‘test case for development’ in view of the complex nature of its socioeconomic and cultural problems, coupled with severe resource constraints...

by Mushtaque Chowdhury | On 29 Dec 2010

Three Studies on the Effect of BRAC Interventions on the Lives of the Poor Women

This paper addressed two current debates within the female empowerment literature using data from BRAC-ICDDR,B Joint research project at Matlab collected during April-July 1995. The first part explore...

by Hassan Zaman | On 24 Dec 2010

Urban Poverty in Developing Countries: A Scoping Study for Future Research

This paper is a scoping exercise to explore options for research on urban poverty in developing countries. Based on a review of the literature and experience, the first part of the paper reviews the c...

by Johannes F. Linn | On 21 Dec 2010

Monetary Policy Considerations after the Crisis: Practitioners’ Perspectives

Economic stability can be seen as an essential component of any strategy for inclusive development. To the extent that central banks play a role in providing that stability, the experience of the cris...

by Subir Gokarn | On 21 Dec 2010

Sex Trafficking Of Girls And Women: Evidence From Anantapur District, Andhra Pradesh

A crucial gap in the trafficking literature from India is the dearth of primary data and micro studies that could be used for vulnerability mapping of the source areas and addressing the identified...

by U. Vindhya | On 20 Dec 2010

Economic Aspects of Access to Medicines after 2005: Product Patent Protection and Emerging Firm Strategies in the Indian Pharmaceutical Industry

An analysis of the innovation in the Indian pharmaceutical industry is done. This section traces the origins, the strengths and weaknesses of the innovation system in the pharmaceutical sector in In...

by Padmashree Gehl Sampath | On 17 Dec 2010

A Technical Paper on “Inflation Indexed Bonds (IIBs)"

This technical paper sets out the benefits and downsides of issuing IIBs along with explaining its structure comprising of indexation (principal or interest), inflation index lag, issuance method, met...

by Reserve Bank of India | On 17 Dec 2010

Sources of Heterogeneity in the Efficiency of Indian Pharmaceutical Firms

Using the non parametric approach of Data Envelopment Analysis (DEA) this paper examines the input and output efficiencies of the Indian pharmaceutical firms for the period 1991 to 2005.

by Subhash C Ray | On 17 Dec 2010

Asymmetric Federalism in India

The paper examines the asymmetric features in Indian federalism and evaluates its contribution. There are discussions on the special arrangements in the Indian constitution to accommodate special ca...

by M Govinda Rao | On 14 Dec 2010

The Future of Financial Liberalization in South Asia

The paper defines financial liberalization, distinguishing between liberalization of domestic financial markets and capital account convertibility. It then examines the stages and the strategy of Ind...

by Ashima Goyal | On 14 Dec 2010

Some Speculation on Growth, Disparity and Capital Reorganisation in the Indian Economy

This paper is all about speculations on growth, disparity and Capital reorganisation in Indian Economy. [Working Paper No. 124]

by Sudipto Mundle | On 06 Dec 2010

Egovernment: Lessons from Implementation in Developing Countries

E-government applications from a large number of developing countries are reviewed. Different models of electronic delivery of services are compared. Delivery through conveniently located service cent...

by Prof. Subhash Bhatnagar | On 06 Dec 2010

Free Trade Agreement between People’s Republic of China and India: Likely Impact and Its Implications to Asian Economic Community

Open regionalism and trade cooperation between the world’s two largest developing countries, the People’s Republic of China (PRC) and India, can foster outward-oriented development and intra-regio...

by Swapan K. Bhattacharya | On 06 Dec 2010

Census of Castes

The present system of making Census has many advantages such as, taking stock of Indian situation with detailed data regarding the wide diversity of our people and the finding of conditions of life ha...

by Rajesh Komath | On 01 Dec 2010

Linking Vertical and Horizontal Markets for Innovations at Grassroots: Sustainability Imperative

The supply chain management is at the core of globalising world. Today the large corporations are able to source materials from all around the world and sell it in the most interior parts of the dev...

by Anil K Gupta | On 01 Dec 2010

Consultation Paper on Revenue Sharing Arrangement for Intelligent Network Services

This consultation paper aims to seek the views of stakeholders to assist TRAI in arriving at a framework by which interconnecting service providers may be fairly compensated for Intelligent Network...

by Telecom Regulatory Authority of India TRAI | On 30 Nov 2010

Contemporary lessons in Economic Philosophy drawn from two recent Indian Films

The aim of this paper is to derive some important lessons in economic philosophy from two recent Indian films. The two films, Mani Ratnam’s Guru (2007) and Madhur Bhandarkar’s Corporate (2006), are...

by Tejas A Desai | On 29 Nov 2010

Partnerships with the Private Sector in Health: What the International Community Can Do to Strengthen Health Systems in Developing Countries

The private sector plays a significant role in delivering health care to people in developing countries. By some estimates, more than one-half of all health care—even to the poorest people—is provided...

by (Centre for Global Development) Advisory Faculty | On 26 Nov 2010

FDI Outflows from India: An Examination of the Underlying Economics, Policies and their Impacts

This paper discusses the trends in India's outward FDI over the last decade and then attempts to identify the driving factors for the same. The aim is to provide policy makers with insights regardin...

by Ravi Subramanian | On 24 Nov 2010

The Composition of Aid and the Fiscal Sector in an Aid-Recipient Economy: A Model

Building on recent work in the fiscal response literature, the present paper develops a new fiscal response model, which, for the first time in the relevant literature, combines the ideas of both en...

by George Mavrotas | On 24 Nov 2010

Cross-country Diffusion of the Internet

This paper investigates the factors which determine the diffusion of the Internet across countries. The Gompertz model of technology diffusion is estimated using data on Internet hosts per capita for...

by Sampsa Kiiski | On 23 Nov 2010

Determinants of Trade Misinvoicing

Traditional explanations for trade misinvoicing -- high custom duties and weak domestic economies — are less persuasive in a world of high growth emerging markets who have low trade barriers. A 35- ...

by Ila Patnaik | On 22 Nov 2010

Convergence Club Empirics: Some Dynamics and Explanations of Unequal Growth across Indian States

This paper documents the convergence of incomes across Indian states over the period 1965 to 1998. It departs from traditional analyses of convergence by tracking the evolution of the entire income...

by Sanghamitra Bandyopadhyay | On 22 Nov 2010

The level of Nutrition in Kerela

A considerable proportion of the Indian population is generally believed to suffer from under-nutrition and malnutrition. The proportion of India's population falling below the minimum level of nutrit...

by P.G.K. Panikar | On 19 Nov 2010

The Effect of Information Technology on Wage Inequality: Evidence from Indian Manufacturing Sector

A persistent widening of skill based wage inequality in the Indian Organised Manufacturing sector has been reported by many researchers. Two main hypotheses had been tested in developed economies to...

by Vinoj Abraham | On 17 Nov 2010

Foreign Shareholding: A Decomposition Analysis

A decomposition in the ownership of shares by foreigners is offered into three parts: the change in insider shareholding, the change in market capitalisation and the change in the fraction of outsi...

by Ajay Shah | On 16 Nov 2010

Determinants of Fixed Investment:A Study of Indian Private Corporate Manufacturing Sector

This paper analyses the determinants of fixed investment in the Indian Private Corporate Manufacturing sector for the period 1973-2002, using Annual Survey of Industries Data. It is argued that econ...

by V.R. Prabhakaran Nair | On 16 Nov 2010

Living Standard and Economic Growth: A Fresh Look at the Relationship Through The Nonparametric Approach

The relative role of economic growth vis-a-vis public action in raising living standards in developing countries has been a point of contention for quite some time now. The arguments on both sides a...

by Indrani Chakraborty | On 12 Nov 2010

Shanghaied, not Bangalored

American jobs are being lost because of outsourcing, to places like Bangalore. So, unlike many other visiting dignitaries, President Obama is going to give that city a careful miss during his three-da...

by T.N. Ninan | On 11 Nov 2010

Foreign Technology Licensing in Indian Industry: An Econometric Analysis of the choice of Partners, Terms of Contract and the Effect on Licensees' performance

Using a unique panel data set on Indian firms, some basic but important and often neglected aspects of technology licensing agreements and their effect on the licenses have been analysed. [Working Pap...

by Robert E Evenson | On 11 Nov 2010

Industrial Distribution of Working Force in Kerala

Economic development brings about, with rising national product and income per capita, certain broad changes in the structure of production and industrial distribution of the working force. It has lo...

by P.G.K. Panikar | On 10 Nov 2010

India's IT Export Boom: Challenges Ahead

Given the manifold ways, in which the information technology could contribute to human welfare, the developing countries have invested in Information Technology (IT) as a short cut to prosperity. I...

by K.J. Joseph | On 01 Nov 2010

Macroeconomic Impacts of Foreign Exchange Reserve Accumulation: Theory and International Evidence

Recently, a dramatic accumulation in foreign exchange reserves has been widely observed in developing countries. This paper explores the possible long-run impacts of this trend on macroeconomic variab...

by Shin-ichi Fukuda | On 01 Nov 2010

Labour and Energy Intensity: A Study of Pulp & Paper Industries in India

This paper is an attempt to understand the relationship between the labour and energy intensity for firms drawn from pulp and paper industries in Indian manufacturing. Pulp and paper industry account...

by K. Narayanan | On 29 Oct 2010

India's 1990-91 Crisis: Reforms, Myths and Paradoxes

For most people the story of Indian reforms starts in the nineties, following the BOP crisis of 1990-91. There was a detectable increase in the rate of growth of the Indian economy in the 1980s aris...

by Arvind Virmani | On 26 Oct 2010

External Economic Situation In India - Recent Trends and Policy Implications

This paper reviews the status of the external sector of the Indian economy. It is divided into 5 broad sections. Section I gives the trends of imports and exports, as well as the composition and dire...

by Archana S Mathur | On 26 Oct 2010

The Rationale and the Result of the Current Stabilisation Programme

Apart from the episode of the mid-sixties, macroeconomic crises have not played a major part in India's economic development. A certain sort of stability had accompanied the lack-lustre grow...

by Pulapre Balakrishnan | On 23 Oct 2010

Fiscal Developments and Outlook in India

The paper identifies those elements in the configuration of fiscal parameters confronting the country that give cause for concern, and examines whether the fiscal reform measures taken address these...

by Indira Rajaraman | On 20 Oct 2010

Agricultural Development of Kerela from 1800 AD to 1980 AD: A Survey of Studies

This paper attempts to survey the published literature on agricultural development of Kerala covering a period between 1800 AD and 1980 AD. The Survey covers both academic studies as well as governme...

by B.A. Prakash | On 18 Oct 2010

Global Production Networks and the People’s Republic of China’s Processing Trade

This paper unveils a systematic pattern in the People’s Republic of China’s (PRC) processing trade. In a cross-section of the PRC’s provinces, the average distance traveled by processing imports (...

by Alyson C. Ma | On 18 Oct 2010

Inflation and Economic Growth in Bangladesh: 1981-2005

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

by Shamim Ahmed | On 14 Oct 2010

Liberalization of Capital Inflows and the Real Exchange Rate in India: A VAR Analysis

The East Asian crisis of 1997-98 and the Mexican crisis of 1994 generated much concern among policy analysts regarding the role of macroeconomic policies in the management of capital inflows. A seri...

by Indrani Chakraborty | On 14 Oct 2010

A Diagnostic Study of Wives Deserted by NRIs

There is an urgent need to study the social compulsions/ factors that lead parents to marry off their daughters to NRIs who ruin their lives completely. It is also to be examined whether any safeguard...

by M.K. Jabbi | On 13 Oct 2010

Transfers and the Terms of Trade in an Overlapping Generations Model

This paper explores the steady state welfare implications of permanent transfers in a two-country, two-sector overlapping generations model. At the golden rule and with Walrasian stability, we demonst...

by Emily T. Cremers | On 08 Oct 2010

Towards an Economic Approach to Sustainable Forest Development

The present paper looks at the various dimensions of contributions by forests in the context of the Indian economy. Based on a detailed review of literature on importance and valuation of forests, s...

by Archana S Mathur | On 08 Oct 2010

Constructions of Community in Communication Research: A Study of Radio Broadcasting in India

The paper attempts to capture the construction of 'community' in Indian communication research. This paper attempts to trace the genealogy, interrogates its usage in Indian communication studies and s...

by Biswajit Das | On 05 Oct 2010

Nutrition in India: Facts and Interpretations

The Indian economy has recently grown at historically unprecedented rates and is now one of the fastest-growing economies in the world. Real GDP per head grew at 3.95 percent a year from 1980 to 2...

by Angus Deaton | On 05 Oct 2010

Determinants of Firm-level Export Performance: A Case Study of Indian Textile Garments and Apparel Industry

A major reform process in the Indian economic policy regime away from a four- decade-long inward orientation has been under way since July 1991 in response to a serious macro-economic crisis. The n...

by T.A. Bhavani | On 05 Oct 2010

Role of the Leading Input in Shaping Institutions: Tendency in the Context of Irrigation Uncertainty

The past three decades have witnessed the growth of a voluminous literature on tenancy arid reIated institutions. Problems of resource use efficiency, role of markets, inter-linkages between markets...

by D. Narayana | On 04 Oct 2010

Estimates of External Trade Flows of Kerela: (1975-76 and 1980-81)

Kerela is a region that is deeply integrated with the Indian and the world economy through various ways such as commodity flows, financial movements, labour migration and operations of national and in...

by T.M. Thomas Issac | On 01 Oct 2010

A Leading Index for the Indian Economy

Over the last few decades, the Indian economy has experienced both classical business cycles and the cyclical fluctuations in its growth rate known as growth rate cycles. In the years since the li...

by Pami Dua | On 01 Oct 2010

Sustainable Economic Growth for India: An Exercise in Macroeconomic Scenario Building

Use of Macroeconometric models has by now assumed a measure of universality as an unavoidable aid to forecasting and policy analysis; challenges and controversies spread over more than two decades n...

by V. Pandit | On 29 Sep 2010

The ASEAN Services Sector and the Growth Rebalancing Model

The growth rebalancing model, which places the nontradable services sector on center stage, is important to spur on faster growth in this sector and tap its potential to become another engine of growt...

by Rafaelita M. Aldaba | On 29 Sep 2010

Cyclicality in Industrial Growth in lndia: An Exploratory Analysis

A review of the literature on industrial growth in India, bows that barring a few studies [e.g.,Raj (1976,1984), Shetty (1978)], Industrial growth has been interpreted by merely fitting statistical m...

by R. Anandaraj | On 29 Sep 2010

Debt Policy in a Competitive Two-Sector Overlapping Generations Model

In this paper debt policy in a two-period, two-sector overlapping generations model with Leontief technologies has been analysed. It has been found that debt, issued to transfer resources to the initi...

by Partha Sen | On 28 Sep 2010

Promoting Learning and Industrial Upgrading in ASEAN Countries

This paper traces the effects of the “East Asian Miracle,” the 1997–1998 Asian Crisis, the recovery, and the 2008–2009 global financial crisis on ASEAN countries. It also considers how ASEAN countries...

by Willem Thorbecke | On 28 Sep 2010

Fiscal Policy Issues for India after the Global Financial Crisis (2008–2010)

The need for fiscal consolidation and sustainability is one of the key macroeconomic issues confronting Indian economy. This paper attempts to understand India’s current fiscal situation, its likely f...

by Rajiv Kumar | On 28 Sep 2010

Tackle the inflows

An issue that has attracted surprisingly little notice is the size and growth of the trade deficit. Even more worrisome is the flat trajectory for exports — which escapes notice because comparisons ar...

by T.N. Ninan | On 24 Sep 2010

Lessons from PPPs of Indian Railways and Way Forward

The Indian Railways (IR) have grand plans. They would like to leapfrog to a higher growth trajectory during 2010-20. Towards this, they would like to see a total investment of Rs 14,00,000 crores (cr...

by G. Raghuram | On 23 Sep 2010

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

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

by T.N. Srinivasan | On 20 Sep 2010

Commodity and Credit in Upland Maharashtra

The notion that the backwardness of Indian Agriculture may be explained in terms of the institutional, and more particularly, the market structure within its functions, is not wholly novel one, elemen...

by Sumit Guha | On 20 Sep 2010

Policy Intervention and Response: A Study of the Pharmaceutical Industry in India during the Last Decade

The pharmaceutical industry in India has provoked much debate and sharp criticism, on account of its insensitivity towards the health needs of the Indian people. The vulnerability of the indu...

by P. Mohanan Pillai | On 20 Sep 2010

Developing Economies and the Environment: The Role of Trade and Capital Flows

This paper reviews (critically and selectively) the literature on the link between economic development, the environment and international trade (and capital flows). In particular, how stricter...

by Partha Sen | On 16 Sep 2010

The Transfer Paradox in a One-Sector Overlapping Generations Model

This paper examines the effects of international income transfers on welfare and capital accumulation in a one-sector overlapping generations model. It is shown that a strong form of the transfer para...

by Partha Sen | On 15 Sep 2010

Evasion at the top

The government gave out some interesting numbers on Monday. The revenue secretary told a news conference that nearly 96 per cent of the 32.5 million who pay income tax reported a taxable income of und...

by T.N. Ninan | On 14 Sep 2010

Constitutional Guarantees: The Unequal Sex

Long before Independence, the theme on which Gandhiji wrote repeatedly, was the need to improve the status of Indian women. He drew attention to the fact that the woman was ‘not only.... condemned t...

by Lotika Sarkar | On 14 Sep 2010

Determinants of Weekly Yields on Government Securities in India

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

by Pami Dua | On 13 Sep 2010

Technology Acquisition and Growth of Firms Under Changing Policy Regimes : A Study of the Indian Automobile Sector

The objective of this paper is to analyse the determinants of the growth of firms in the Indian automobile industry during the period 1980-81 to 1995-96. It re-examines certain issues that have a...

by K. Narayanan | On 09 Sep 2010

Fiscal Consolidation with High Growth A Policy Simulation Model for India

In this paper a fiscal consolidation program for India has been presented based on a policy simulation model that enables us to examine the macroeconomic implications of alternative fiscal strateg...

by Sudipto Mundle | On 09 Sep 2010

Rural Non-Ahricultural Employment in India:The Residual Sector Hypothesis Revisited

The literature on Rural Non-Agricultural Employment (RNAE) in India is replete with references as to its nature - whether or not it is residual. Vaidyanathan (1986) advanced the view that for the se...

by C. S. Murty | On 08 Sep 2010

Tiger Conservation in India

The primary focus of the paper is to analyze the Indian Tiger Conservation program – Project Tiger. The circumstances that lead to and the conditions under which the program was launched are discuss...

by Varun Khandelwal | On 03 Sep 2010

Disarticulation of Indegenous People: Can the Judiciary Saviour Them

The paper aims at bringing out and explaining the problems faced by tribals. The paper also analyzes various laws made for protecting the tribals and giving them justice.

by Ketan Mukhija | On 03 Sep 2010

Structural Shift in Demand for Food: Projections for 2020

Knowledge of demand structure and consumer behaviour is essential for a wide range of development policy questions like improvement in nutritional status, food subsidy, sectoral and macroeconomic poli...

by Surabhi Mittal | On 25 Aug 2010

Indian Software Industry: Distortions and Consolidations of Gains

The Indian software industry is at the bottom of knowledge hierarchy, where the bottom is highly segmented. The political process that successfully thwarted the automation of Indian manufacturing sect...

by Pradosh Nath | On 20 Aug 2010

Do Labor Intensive Industries Generate Employment? Evidence from firm level survey in India

This study attempts to address the issue of declining labour intensity in India’s organized manufacturing in order to understand the constraints on employment generation in the labour intensive sect...

by Deb Kusum Das | On 13 Aug 2010

Betit: A Family that Nests Probit and Logit

This paper proposes a dichotomous choice model that is based on a transformed beta (or z”) distribution. This model, called betit, nests both logit and probit and allows for various skewed and peak...

by Wim P.M. Vijverberg | On 13 Aug 2010

The Predictive Value of Subjective Labour Supply Data: A Dynamic Panel Data Model with Measurement Error

This paper tests the predictive value of subjective labour supply data for adjustments in working hours over time. The idea is that if subjective labour supply data help to predict next year’s wor...

by Rob Euwals | On 12 Aug 2010

Monetary Policy in an Uncertain World: Probability Models and the Design of Robust Monetary Rules

The past forty years or so has seen a remarkable transformation in macro-models used by central banks, policymakers and forecasting bodies.This papers describes this trans formation from reduced-for...

by Paul Levine | On 11 Aug 2010

Determinants of Small-Scale Farmer inclusion in Emerging Moder Agrifood Markets: A Study of the Dairy Industry in India

In response to structural transformations taking place in the Indian dairy sector mainly in processing segment this paper examines determinants of market channel choices of milk produce...

by Vijay Paul Sharma | On 02 Aug 2010

Leveraging the Integration of Sales Career Cycle with Brand Life Cycle in Indian Pharmaceutical Firms

Indian pharmaceutical sector is currently witnessing faster introduction of new drugs, with shorter life cycles, given the intense competition. Often, pharma companies fail to strategically align th...

by Basant Kumar Purohit | On 02 Aug 2010

Determinants of Competitiveness of the Indian Auto Industry

This paper analyses the determinants of competitiveness of auto industry in India, based on a field survey and a quantitative analysis of secondary data. It highlights that all segments of Indian auto...

by Badri Narayanan G. | On 29 Jul 2010

The Japanese Economy and Economic Policy in Light of the East Asian Financial Crisis

The depth and breadth of the East Asian financial crisis has added a sense of acute urgency for some concrete and credible measures by policy-makers to revitalise the Japanese economy. While steps...

by Ramkishen Rajan | On 23 Jul 2010

Trends in Technical Progress in India – Analysis of Input-Output Tables from 1968 to 2003

The paper is based on the 8 Input – Output (I-O) tables for the Indian economy available over a period of 36 years from 1968-69 to 2003-04. The technical progress (TP) in the context of the I-O tabl...

by Ravindra H Dholakia | On 22 Jul 2010

A study on the Current Role of SME’s in the Indian IT Industry and Hypotheses on an Ecosystem for their Sustenance and Evolution

This paper looks at the current challenges faced by the SME’s in the Indian IT industry and formulates hypotheses on how an intermediary can create an ecosystem to ensure the sustenance and evolution...

by Prashant John | On 21 Jul 2010

Morbidity Costs of Vehicular Air Pollution: Examining Dhaka City in Bangladesh

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

Big Industry Before Independence: 1860-1950

The world over, in the eighteenth and nineteenth centuries, private sector units were of a laissez-faire variety i.e., the private sector was completely free of state interference. Private enterprise...

by Anupriya Singhal | On 16 Jul 2010

Indian takeover regulation – under reformed and over modified

The takeover of substantial number of shares, voting rights or control in a listed Indian company attracts the provision of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations 1997. T...

by Sandeep Parekh | On 14 Jul 2010

The State of the Indian Economy 2009-10

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

by Mathew Joseph | On 14 Jul 2010

Supply Response of Indian Farmers: Pre and Post Reforms

This study estimates supply response for major crops during pre and post reform periods using Nerlovian adjustment cum adaptive expectation model. Estimation is based on dynamic panel data approach wi...

by G. Mythili | On 06 Jul 2010

Crop Insurance in India

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

by Gurdev Singh | On 06 Jul 2010

The Exchange Rate Regime in Asia: From Crisis to Crisis

Prior to the Asian financial crisis, most Asian exchange rates were de facto pegged to the US Dollar. In the crisis, many economies experienced a brief period of extreme flexibility. A `fear of float...

by Ila Patnaik | On 18 Jun 2010

Not Just Mad Englishmen and a Dog: The Colonial Tuning of 'Music on Record', 1900-1908

The paper excavates how the advent of commercial audiography, through 'Recording Expeditions' between 1902 and 1907, shaped configurations of the nascent business in, and culture around, 'music on rec...

by Vibodh Parthasarathi | On 16 Jun 2010

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

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

by Walt Kilroy | On 16 Jun 2010

Limitations on Universality: The “Right to Health” and the Necessity of Legal Nationality

The fact that statelessness as a concept is largely absent from the medical literature has been on e of the central motivatin factor for this essay which aims for a discussion, primarily to illustr...

by Lindsey N. Kingston | On 15 Jun 2010

Instability at the Gate: India’s Troubled Northeast and its External Connections

This paper intends first to give a brief overview of the rise and growth of some of those separatist groups, with a special focus on the Nagas, the Mizos and the Assam movement. An analysis of the de...

by Renaud Egreteau | On 10 Jun 2010

A Perspective on Fisheries Sector Interventions for Livelihood Promotion

The ultimate goal of this paper is to derive inspiration from Coase Theorem and the Japanese model of Keiretsu to empower the producers and suppliers of fish – namely, the fisher folk and to place the...

by Samar K. Datta | On 09 Jun 2010

East and West: The Twain Shall Meet: A Cross-cultural Perspective on Higher Education

This paper seeks to explain certain cultural differences that may have contributed to this imbalance between the Indian and American higher education systems.[W.P. No. 2009-04-03]

by Tejas A. Desai | On 08 Jun 2010

Transcending Boundaries: Indian Nurses in Internal and International Migration

This paper discusses the case of Indian nurses who take up their profession as part of a family strategy, where planning for education and migration are intrinsic to the whole process. In effect, th...

by Sreelekha Nair | On 03 Jun 2010

Endogenous Skill Acquisition and Export Manufacturing in Mexico

This paper confirms that for Mexico over the period 1986-2000, the export sector pays higher wages than other sectors, but school drop out increases with the arrival of new export jobs. The workers...

by David Atkin | On 28 May 2010

Education Impact Study: The Global Recession and the Capacity of Colleges and Universities to Serve Vulnerable Populations in Asia

This paper reviews the capacity of colleges and universities to serve poor and vulnerable populations during past and present economic shocks. The main argument is that the environment of the global r...

by Gerard Postiglione | On 27 May 2010

Debt Policy and Economic Growth in a Small Open Economy Model with Productive Government Spending

In this paper, the effects of introducing constraints on government borrowing have been examined by using a continuous-time overlapping generations model of a small open economy. Government placing co...

by Koichi Futagami | On 27 May 2010

Do Reservation Policies Affect Productivity In The Indian Railways?

The objective in this paper is to shed some empirical light on a claim often made by critics of affirmative action policies: that increasing the representation of members of marginalized communities i...

by Ashwini Deshpande | On 26 May 2010

Adaptation, Plasticity, and Extinction in a Changing Environment: Towards a Predictive Theory

A simple evolutionary model is used to understand the critical rate of environmental change beyond which a population must decline and go extinct. The model is used to highlight the major determinants...

by Luis-Miguel Chevin | On 21 May 2010

Executive Blogging: Indian Corporate Heads in the Blogosphere

This study analyzes the content, usability, interactivity and connectivity of Indian executive blogs. Results indicate that among the Indian CEOs and top executives who blog, most are associated wit...

by Smeeta Mishra | On 14 May 2010

The Shape of Temptation: Implications for the Economic Lives of the Poor

This paper argues that the relation between temptations and the level of consumption plays a key role in explaining the observed behaviors of the poor. Temptation goods are defined to be the set of...

by Abhijit Banerjee | On 13 May 2010

Energy Intensity of Indian Manufacturing Firms: Effect of Energy Prices, Technology and Firm Characteristics

The paper examines the factors that influence energy intensity in Indian industries. It has two parts. In the first part, trends in energy intensity are analysis and cross-industry panel data (taken...

by Bishwanath Goldar | On 13 May 2010

OTC Derivatives Market in India: Recent Regulatory Initiatives and Open Issues for Market Stability and Development

The paper seeks to prove the point that the Indian OTC derivatives markets, unlike many other jurisdictions, are well regulated. Only contracts where one party to the contract is an RBI regulated e...

by Dayanand Arora | On 03 May 2010

Impact of ASEAN-India FTA on India’s Plantation Commodities: A Simulation Analysis

The present study attempts a quantitative assessment of the impact of recently signed ASEAN-India FTA (AIFTA) for selected plantation commodities (coffee, tea and pepper) in India. Partial equilibri...

by C. Veeramani | On 20 Apr 2010

Indian Fisheries-A Historical Alternative

This paper aims at touching on the main divisions of fisheries management, with an insight into the state mechanism and the extra legal systems in place. The principal focus is the history of Indian m...

by Rohan Dominic Mathews | On 16 Apr 2010

Vulnerability and Coping to Disasters: A Study of Household Behaviour in Flood Prone Region of India

This paper attempts to understand the various risks faced by households living in disaster prone regions of rural India and specifically examine the effectiveness of coping mechanisms adopted by ho...

by Unmesh Patnaik | On 12 Apr 2010

The EU India FTA in Agriculture and Likely Impact on Indian Women

This study attempts to provide an analysis of the gender concerns of the proposed EU India FTA in the field of agriculture and suggest policy changes both in the FTA text as well as in domestic poli...

by Roopam Singh | On 08 Apr 2010

Regulatory Structure for Financial Stability and Development

Stricter regulatory surveillance in emerging market economies (EMEs) largely insulated their financial systems from the crisis. Development and convergence of regulatory apparatus has been rapid. In...

by Ashima Goyal | On 29 Mar 2010

Planning for Human Settlements in India-Spatial Perspective

This paper examines the basis upon which rural and urban areas are classified as such. It looks into various criteria for the above all over the world and re-iterates the Indian definition of an ‘urba...

by V.K. Dhar | On 22 Mar 2010

Karnataka Budget 2010-11

Budget speech by finance minister of Karnataka

by Government of Karnataka GoK | On 05 Mar 2010

The EU India FTA in Agriculture and Likely Impact on Indian Women

This study attempts to provide an analysis of the gender concerns of the proposed EU India FTA in the field of agriculture and suggest policy changes both in the FTA text as well as in domestic poli...

by Roopam Singh | On 04 Mar 2010

Socio-Economic Impact of Mobile Phones on Indian Agriculture

This paper investigates a series of questions that explore this topic: What kind of information do farmers value the most to improve agricultural productivity? Do mobile phones and mobile-enabled ag...

by Surabhi Mittal | On 03 Mar 2010

State Aid and Competition in Banking: The Case of China in the Late Nineties

A reduced form model where banks can pursue other goals than profit maximization is presented. This allows us to test for behavioral changes of banks over time. This model provides a framework to e...

by Xiaoqiang Cheng | On 23 Feb 2010

Prevalence and Costs of Childhood Diarrhoea in the Slums of Dhaka

This study seeks to identify the engineering, behavioural and socio-economic determinants of childhood diarrhoea and its duration and to compute the resulting costs borne by slum dwellers. The study...

by M. Jahangir Alam | On 22 Feb 2010

Many Worlds of Dak Vachan: Proverbial Knowledge and the History of Rain and Weather

This paper is about deconstructing the middle class perception of the domain of the ‘folk’ in this region. With these questions, the paper sets out an agenda for writing the history of rain and weat...

by Sadan Jha | On 16 Feb 2010

Graduating to Globalisation: A Study of Southern Multinationals

FDI by firms in developing countries is a recent phenomenon and demands a study of relationship between firm productivity and different modes of globalisation activities. This paper attempts to unde...

by Dilek Demirbas | On 16 Feb 2010

Post-Independence Educational Development among Women in India

This paper aims to examine the policy debates on women's education and highlight some of the basic issues affecting the progress of women's education since the introduction of planned development in...

by Balaji Pandey | On 08 Feb 2010

Climate Sensitivity of Indian Agriculture Do Spatial Effects Matter?

Climate change impact studies on agriculture can be broadly divided into those that employ agro-economic approaches and those that employ the Ricardian approach. This study uses the Ricardian approa...

by K S Kavi Kumar | On 05 Feb 2010

Competitiveness of Firms in Indian Automobile Industry

The competitiveness among the firms in Indian automobile industry has been assessed by understanding the factors that determine its competitive advantage. The efforts have been made to construct a com...

by G Burange | On 05 Feb 2010

Analysis of Non Suburban Passenger Coaching Stock Utilization

The utilization of coaches on the parameters per cent of runtime, kilometers per day, and average speed of rakes servicing express per mails and passenger trains in the South Central Railway (SCR), t...

by G. Raghuram | On 04 Feb 2010

Understanding Industrial Energy Use: Physical Energy Intensity Changes in Indian Manufacturing Sector

Physical energy intensity indicators for Indian manufacturing sector is developed and analyzed. Energy consumption in five industrial sub-sectors, namely, iron and steel, aluminium, textiles, paper...

by Binay Kumar Ray | On 02 Feb 2010

Dilli Sarkar’s Advertisement Expenditure: Information or Publicity?

To find out whether our government is spending an astronomical amount of taxpayer’s money publicising itself rather than disseminating information, facts and figures were assimilated. By tracking f...

by Kumar Gaurav | On 29 Jan 2010

Third Quarter Review of Monetary Policy 2009-10

The Reserve Bank has pursued an accommodative monetary policy beginning mid-September 2008 in order to mitigate the adverse impact of the global financial crisis on the Indian economy. The measures ta...

by D Subbarao | On 29 Jan 2010

Human Resources for Health: Requirements and Availability in the Context of Scaling-Up Priority Interventions in Low-Income Countries

The purpose of this study was to explore the role and importance of human resources for the scaling up of health services in low income countries. In the case studies, the following have been analyze...

by Christoph Kurowski | On 28 Jan 2010

Assessing the Fiscal Capacity of Indian Governments

The record of different post reform governments in meeting their targets and improving both delivery and finances is assessed. A variety of indices are constructed, and consistency checks devised to m...

by Ashima Goyal | On 27 Jan 2010

The Dynamic Relationship between Price and Trading Volume: Evidence from Indian Stock Market

This study investigates the nature of relationship between price and trading volume for 50 Indian stocks. Firstly the contemporaneous and asymmetric relation between price and volume are examined. T...

by Brajesh Kumar | On 25 Jan 2010

Water Democracy: Reclaiming Public Water in Asia

This collection of 19 new essays written by civil society activists, trade unionists and other water practitioners, presents examples of ongoing struggles against water privatization and commercia...

by Focus on the Global South FGS | On 22 Jan 2010

Measures of Inflation in India: Issues and Perspectives

A review of the various primary measures of inflation with a particular reference to the divergence between WPI and CPI. Focus is also given on different secondary (derived) measures of inflation, par...

by Deepak Mohanty | On 21 Jan 2010

Why India Choked when Lehman Broke

India has an elaborate system of capital controls which impede cap- ital mobility and particularly short-term debt. Yet, when the global money market fell into turmoil after the bankruptcy of Lehman...

by Ila Patnaik | On 19 Jan 2010

The Nature of Rural Infrastructure: Problems and Prospects

This paper looks at rural infrastructure facilities in India, the lack of which is demonstrated to be an impediment to sustained economic development. It is argued that problems of rural infrastruct...

by Suman Bery | On 15 Jan 2010

Bihar’s Miraculous Economic Performance: Myth or Reality?

The Indian media has wrongly compared Bihar's (that is, 11.03per cent) average annual growth during the period 2004-05 to 2008-09 with that of Gujarat (that is, 11.05per cent). While the media has quo...

by Shambhu Ghatak | On 14 Jan 2010

Many Poverties

Discusses about the different poverty measuements.

by T.N. Ninan | On 22 Dec 2009

Fuel for the Clean Energy Debate – A Study of Fuelwood Collection and Purchase in Rural India

In many parts of rural India the use of wood for fuel is the cause of significant environmental and health problems. Efforts to help people switch to cleaner fuels have not been effective and fuelwood...

by ARABINDA MISHRA | On 18 Dec 2009

Mobile Commerce, Mobile Banking - The Emerging Paradigm

What is m-banking, Basic characteristics of m-commerce/e-commerce, Evolution of electronic financial services (e-banking/e-commerce/m-banking/m-commerce), Role of non-banks in Indian Payment Scenario....

by Chakrabarty K C | On 14 Dec 2009

Rethinking Food Security Policies: IDSAsr Declaration

Declaration made at the end of two days national seminar on Food security and Sustainability in India held on November 7-8, 2009 organized by GAD Institute of Development Studies, PO Naushera, Amritsa...

by Gursharan Singh Kainth | On 14 Dec 2009

Women’s Experience in New Panchayats: The Emerging Leadership of Rural Women

This paper presents some of the findings of our recent study on women’s representation and participation in panchayats. Some of the findings of the study (Buch; 1999) of women in panchayats after the...

by Nirmala Buch | On 04 Dec 2009

The Difficulties of the Chinese and Indian Exchange Rate Regimes

China and India have both attempted distorting the exchange rate in order to foster exports-led growth. This is described as the Bretton Woods II framework, where developing countries buy bonds in the...

by Ila Patnaik | On 30 Nov 2009

Himalyan Glaciers

A detailed historical review of the research to date spanning more than 50 years, and includes a perspective on the impact of climate change on the glaciers. The Ministry invites comments on the Paper...

by V K Raina | On 30 Nov 2009

Valuing the Land of Tigers – What Indian Visitors are Willing to Pay

The study uses an assessment of visitors’ travel costs to estimate the annual recreational value of the Sundarban. It calculates this to be at least INR 15 million (US$ 377,000) for domestic visitor...

by Indrila Guha | On 27 Nov 2009

No One Barked

No reponse form the policies that the government is announcing

by T.N. Ninan | On 20 Nov 2009

Can Public Private Partnership reduce Maternal Mortality? Assessing Efforts Made by the ‘Chiranjeevi’ Scheme in Gujarat

The Chiranjeevi Yojna is considered to be a successful PPP model and has also received a prestigious Asian Innovations Award by the Wall Street Journal. It is a flagship scheme of the Gujarat state mi...

by Akash Acharya | On 13 Nov 2009

Organizing the Un-Organized? The Rise, Recession and Revival of the Indian Diamond Industry

This paper presents summary of findings from research conducted in the Indian diamond industry over a period of last four years. Insights about the remarkable rise, growth and the unique working of t...

by Indu Rao | On 10 Nov 2009

A Profession on the Margins: Status Issues in Indian Nursing

This joint paper attempts an unusual collaborative approach that offers an understanding of the problems that registered nurses of India have faced. Through this paper, the problem of ‘social status’...

by Sreelekha Nair | On 10 Nov 2009

Engaging Communities to Improve Health and Nutrition Outcomes: The Role of Community Volunteers in INHP

INHP adopted a multiple volunteer per village model, with one volunteer serving the immediate neighborhood of about 20-30 households to rationalize volunteer workloads and to ensure cultural compatibi...

by CARE India | On 09 Nov 2009

The Sexual Harassment of Women at the Workplace (Prevention and Redressal) Bill, 2007: A Critique

Before 1997, women experiencing sexual harassment at workplace had to lodge a complaint under Indian Penal Code, 1860, ss. 354 and 509. But the Supreme Court, applying Convention on the Elimination...

by Mahalaxmi Tiwary | On 09 Nov 2009

Philosophy and Practice of Financial Sector Regulation – Space for Unorthodoxy

Evolution of the financial sector regulation in India, particularly focusing on the elements of the policy framework which have contributed to the broader stability in the financial sector is depicted...

by Shyamala Gopinath | On 05 Nov 2009

Shariat Courts and Women’s Rights in India

The main thrust of this paper is: Why should women go to these courts to settle matrimonial disputes while there are provisions for them in secular courts? Do women face less harassment and get quic...

by Sabiha Hussain | On 05 Nov 2009

Second Quarter Review of Monetary Policy 2009 -10

The repo rate has been kept unchanged at 4.75%. The reverse repo rate left steady at 3.25%. The bank rate has been retained unchanged at 6.0%. The cash reserve ratio (CRR) of scheduled banks has been...

by D Subbarao | On 27 Oct 2009

Crash Boom Bang: Second Hand Car Imports in India

The paper analyzes and enumerates the various causes for accidents in Delhi and also suggests possible solution solution to counter the problem and bring down accident rates.

by Arjun Bhattacharya | On 21 Oct 2009

Relevance of Trained Traditional Birth Attendants in Maternal Health Case Study of Tehri Garhwal District Uttaranchal State

The methodology had two parts - secondary data analysis and a descriptive cross sectional study. Secondary date analysis was carried our using a sample of 1,028 men and 1,028 women in the reproductive...

by Pratibha Esther Singh | On 16 Oct 2009

Civil War: A Review of Fifty Years of Research

A review of several decades of scholarship on civil war, focusing on the answers to key questions: Why do wars begin? Who fights? How are armed groups organized? How can we end and prevent internal wa...

by Christopher Blattman | On 05 Oct 2009

New Financiers and the Environment: Ten Perspectives on How Financial Institutions can Protect the Enviornment

This new report discusses the experience with environmental standards and how it can be useful for new financiers. It contains ten papers written by experts from civil society, financial institutions...

by International Rivers Network IRN | On 01 Oct 2009

Size, Efficiency and Financial Reforms in Indian Banking

The study seeks to answer two very basic questions in the Indian context: first, are there economies of scale and scope in Indian banking? In other words, are bigger banks better for India? And, se...

by Pradeep Srivastava | On 23 Sep 2009

Doha Declaration and Compulsory License for Access to Medicines

The Doha Declaration provides for access to medicines particularly by simplifying the compulsory licensing (CL) clause. This paper tries to provide a comprehensive review of the working of CL in the d...

by Lalitha N | On 21 Sep 2009

Monetary Policy, Forex Markets and Feedback Under Uncertainity in an Opening Economy

Options for monetary policy arising from interactions between it and Indian foreign exchange (FX) markets. A brief survey covers recent rapid changes providing a snapshot of current microstructure, ...

by Ashima Goyal | On 14 Sep 2009

Definitional and Statistical Issues Relating to Workers in Informal Employment

This paper based on Indian and international documents assesses existing definition, criteria and methodologies for estimating employment and income generated in the informal economy in India. [NCEUS...

by Sheila Bhalla | On 02 Sep 2009

Do Remittances Impact the Economy? Some Empirical Evidences from A Developing Economy

The study attempts to examine the impact of remittances on macroeconomic activities (private consumption and investment) and its implications on economic growth in India for the period from 1966-67 to...

by Hrushikesh Mallick | On 01 Sep 2009

Equity for Open-Access Journal Publishing

Open access journal publishing is currently at a systematic disadvantage relative to the traditional subscription-based journal publishing. A simple, cost effective remedy to this inequity is propose...

by Stuart M. Shieber | On 31 Aug 2009

An Analysis of Household's Tobacco Consumption Decisions: Evidence from India

The consumption patterns, socio-economic distribution and the household choice of a variety of tobacco products across rural and urban India are analyzed. Using a Multinomial Logit Model, the choice...

by Rijo M John | On 19 Aug 2009

Workbook on Life Skills

RGNIYD planned to develop a workbook on Life Skills which would help adolescents to both understand the concepts of the ten core Life Skills and practice them. The workbook has been carefully designed...

by Rajiv Gandhi National Institute of Youth Developme RGNIYD | On 19 Aug 2009

Employment and Income in India: Case of a City Economy

This paper analyses the pattern of growth observed in the city economy of Ahmedabad, a metropolitan city in the industrially developed state of Gujarat. The growth of this city is placed in the cont...

by Jeemol Unni | On 17 Aug 2009

Analyzing Industrial Water Demand in India: An Input Distance Function Approach

This study investigates the water demand of Indian manufacturing plants. It adopts an input distance function approach and approximates it by a translog form. Duality between cost function and input d...

by Surender Kumar | On 17 Aug 2009

Developing The Indian Debt Capital Markets: Small Investor Perspectives

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

A Glimpse of the Tiger: How Much are Indians Willing to Pay for It?

The recreational demand for the Indian Sundarban, which is a World Heritage site and a complex mangrove ecosystem that borders India and Bangladesh is estimated. Two alternative methodologies exist f...

by Indrila Guha | On 13 Aug 2009

Swine Flu Casts its Spell across the Globe

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

Aggregate Productivity Growth in Indian Manufacturing: An Application of Domar Aggregation

An attempt is made to compute the aggregate productivity growth using the Domar aggregation technique. Building up from the Total Factor Productivity Growth (TFPG) estimates for 3-digit industries, we...

by Deb Kusum Das | On 12 Aug 2009

The Behavioral Equivalence of Organizational Culture

This paper presents findings from an extensive review of literature on organizational cultural (OC) and highlights the relevance of OC with respect to individual, organizational, intra-organizational...

by Indu Rao | On 10 Aug 2009

National Innovation System and the Emergence of Indian Information and Software Technology Multinationals

This study analyzes the factors leading to the emergence of these Indian IST firms as multinationals in the global market. Applying the theoretical framework of national innovation system (NIS), the...

by Jaya Prakash Pradhan | On 07 Aug 2009

Village Development Boards (VDBs) in Nagaland

The article describes the constitution and functions of Village Development Boards (VDBs) in NAGALAND where VDBs are considered as “Financial Intermediaries” or “Non-Banking Financial Intermediaries”....

by Karmakar K G | On 06 Aug 2009

Peasant Classes, Farm Incomes and Rural Indebtedness: An Analysis of Household Production Data from Two States

The paper attempts to appraise the extent of the constraint of credit relations on agricultural production and its differential impact across peasant classes. Additionally, the analysis of the structu...

by Arindam Banerjee | On 04 Aug 2009

Marry for What? Caste and Mate Selection in Modern India

This paper studies the role played by caste, education and other social and economic attributes in arranged marriages among middle-class Indians. A unique data set on individuals who placed matrimon...

by Abhijit Banerjee | On 28 Jul 2009

Value Addition by the Marine Fisheries Sector

The article describes the important role played by Marine fishereis in the Indian economy. It elaborates the issues associated with value addition of this sector with special reference to optimum capa...

by Karmakar K G | On 27 Jul 2009

Where the State Makes War on its own People

A report on violation of people's rights during the Salwa Judum campaign in Dantewada, Chhattisgarh.

by People's Union for Democratic Rights PUDR | On 23 Jul 2009

Union Budget-First Cut Analysis 2009-2010

The thrust of this budget on the expenditure side is twofold. Continue with the fiscal stimulus measures and extend these for another six months or one years as the case maybe. Significant among these...

by IRIS India IRIS | On 09 Jul 2009

Self-help Co-operatives, Deposit Mobilisation and Supply of Credit

The paper is aimed at exploring as to how such co-operatives (i) function and deal with members while delivering micro finance; (ii) mobilise funds, and (iii) get shaped and reshape the contents of me...

by Gagan Bihari Sahu | On 09 Jul 2009

Budget 2009-2010

Budget 2009-2010 by Pranab Mukherjee

by Pranab Mukherjee | On 09 Jul 2009

Indian Railway Budget 2009-2010

Railway Budget 2009-10

by Mamata Banerjee | On 06 Jul 2009

Report of the Internal Working Group on Debt Management

Establishing a debt management office would consolidate all debt management functions in a single agency, and be the catalyst for wider institutional reform and transparency about public debt. It is i...

by Ministry of Finance | On 04 Jul 2009

Emerging Contours of Financial Regulation: Challenges and Dynamics

The paper attempts to analyse the emerging contours of regulation of financial institutions with an emphasis on the emerging challenges and dynamics. [Paper prepared for Financial Stability Review of...

by Rakesh Mohan | On 29 Jun 2009

Measuring Inflationary Pressure in Bangladesh: The P-Star Approach

The paper estimates the P* model for Bangladesh economy and test its forecasting ability through generating recursive forecasts. The empirical result shows that the model performs relatively well and...

by Mustafa. K. Mujeri | On 27 Jun 2009

Sources of FDI Flows to Developing Asia: The Roles of Distance and Time Zones

This paper investigates sources and determinants of foreign direct investment (FDI) flows to developing Asia using bilateral FDI flows for the period 1990-2005. With regard to the determinants of FDI...

by Rabin Hattari | On 27 Jun 2009

The Sunny Indian

If recent survey data are to be believed, Indians are among the most optimistic people on earth.

by T.N. Ninan | On 23 Jun 2009

Impact of Monetary Policy Changes in a Semi-Global Economy: Evidence from Bangladesh

The study examines the impact of changes in monetary policy in Bangladesh. Specifically, the study examines the impact of domestic and foreign monetary shocks on Bangladesh’s major economic aggregate...

by Sayera Younus | On 22 Jun 2009

A Roof Over One's Head

Owning a house has become very costly now. If more land were thrown into the market, home ownership will not be a deam for the majority.

by T.N. Ninan | On 19 Jun 2009

Employment Promoting Growth in Bangladesh: Monetary and Financial Sector Issues

Although economic growth has improved in recent years in Bangladesh, the better economic performance has not translated into satisfactory poverty reduction. The type of growth that matters Bangladesh...

by Mustafa. K. Mujeri | On 15 Jun 2009

Construction and Validation of ‘Science Culture Index’ Results from Comparative Analysis of Engagement, Knowledge and Attitudes to Science: India and Europe

Countries world-wide routinely collate statistics on STS performance indicators such as R&D expenditure, science publications, citations and impact, high-tech employment, and penetration of hightech g...

by Rajesh Shukla | On 12 Jun 2009

Risk Management in the Midst of the Global Financial Crisis

The global economy is passing through its deepest financial and economic crisis of our time. Protecting the Indian economy from the worst impact of the crisis has been a big challenge for the governme...

by D Subbarao | On 08 Jun 2009

Database for Disease Burden Estimation Malaria, Filaria, Dengue & Diarrhoeal Diseases

The Report of the study is in two parts – Part A gives the findings of the literature survey, the limitations of the database and the data gaps for each infection; Part B is the annotated bibliography...

by Indian Council of Medical Research ICMR | On 05 Jun 2009

Blunt Instruments: On Establishing the Causes of Economic Growth

Despite intense concern that many instrumental variables used in growth regressions may be invalid, or both, top journals studies of economic growth based on problematic instruments. doing so risks p...

by Samuel Bazzi | On 04 Jun 2009

Making the Punishment Fit the Crime or Taliban Justice? Optimal Penalties without Commitment

This paper argues that graduated penalties observed in most legal systems may be an attempt to direct law enforcement efforts towards crimes that are socially more harmful, thereby achieving better de...

by Parikshit Ghosh | On 03 Jun 2009

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

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

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

Labor Force Participation among Indian Elderly: Does Health Matter?

The paper analyzes the effect of health status on labour force participation for aged Indians. The potential endogeneity in health and labour force participation has been taken care of by using full i...

by Manoj K Pandey | On 27 May 2009

Risk Management Lessons from the Global Financial Crisis

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

Information Technology and Banking – A Continuing Agenda

Speech is about the role of IT in the Indian financial sector [Keynote address at the Banking Technology Awards 2008 of the Institute for Development & Research in Banking Technology, Hyderabad].

by D Subbarao | On 25 May 2009

Book Review: Surgery Kills

Cutting For Stone by Abraham Verghese; Random House India; 2009, paperback, pp.542, Rs.595.

by Mohan Rao | On 23 May 2009

Aids In India

This paper revolves around the Public health related aspects of industrial and intellectual property rights policies in a developing country with respect to Aids in India. It also focusses on its prev...

by Samira Guennif | On 22 May 2009

Assessing Policy Choices For Managing SO2 Emisions From Indian Power Sector

The production, transportation and consumption of energy resources, especially of fossil fuels such as coal, oil and natural gas, generate negative environmental externalities including air pollution....

by Deepa Menon Choudhary | On 18 May 2009

Macroeconometric Policy Modeling for India: A Review of Some Analytical Issues

Macroeconomic modelling is generally motivated by two objectives: forecasting and more significantly, policy analysis. In pursuit of both these objectives, every model must ideally satisfy four crite...

by V. Pandit | On 16 May 2009

Measurement of Employment And Unemployment in India : Some Issues

This paper offers a review of the concepts and definitions used in the NSS Employment-Unemployment Surveys (EUS, for short) which have remained virtually unchanged since they were introduced in the NS...

by K. Sundaram | On 15 May 2009

Intellectual Property Protection And Technology Transfer The Case Of Overseas R & D

This paper investigates whether, in what direction, and to what extent one mode of technology transfer – namely, overseas R&D – is influenced by the strength of intellectual property protection that h...

by Sunil Kanwar | On 15 May 2009

Manager’s Perceptions of the Impact of Foreign Direct Investment Liberalizations: Information Technology Firms in India

Firms differ in the effects that foreign direct investment liberalizations have on their businesses, and in the responses they make to adjust to the liberalized business environment. In this study th...

by Stanley Nollen | On 15 May 2009

Book Review: Indian Neo-realist Cinema

Review of John W. Hood. Beyond the World of Apu: The Films of Satyajit Ray. New Delhi Orient Longman, 2008. xi + 476 pp. $36.95 (paper),

by Sakti Sengupta | On 15 May 2009

The Two Waves of Service-Sector Growth

This paper will hopefully provide an important methodological tool for all researchers who may be attempting to analyze and explain the growth of the service sector and its share in the Indian GDP o...

by Barry Eichengreen | On 08 May 2009

Agricultural Impact of Climate Change: A General Equilibrium Analysis with Special Reference to Southeast Asia

Capitalizing on the most recent worldwide estimates of the impacts of climate change on agriculture production, this paper assesses the economic effects of climate change for Southeast Asian countries...

by Fan Zhai | On 01 May 2009

Sharing Traditinal Knowledge for Commerce-the Power of Bargaining Strength

The paper is motivated by concerns about the depletion of traditional knowledge and recent efforts to preserve this knowledge through commercial use. The study looks at incentives that can induce comp...

by Aparna K Bhagirathi | On 30 Apr 2009

Poverty, Undernutrition and Vulnerability in Rural India: Public Works versus Food Subsidy

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

Making the Politician and the Bureaucrat Deliver: Employment Guarantee in India

The paper examines the division of tasks required between politicians and bureaucrats to run an effective rural employment guarantee scheme (EGS) in India, in the context of Indian history and habits.

by Ashima Goyal | On 21 Apr 2009

India – 1947-79 Six Parliaments and Democratic Rights

Communal riots have become an annual feature of Indian life, although their number varies from year to year. A situation has come to pacs where maddening communal violence, arbitrary actions of exe...

by People's Union for Democratic Rights PUDR | On 16 Apr 2009

Macroeconomic Effects Of Public Invesment In Infrastructure In India

This paper attempts to build an aggregative, structural,macroeconometric model for India. Investment and output in the model are disaggregated into four sectors namely(a) agriculture including forestr...

by K.N Murty | On 02 Mar 2009

Karnataka Budget 2009-10

Budget speech by finance minister of Karnataka

by Government of Karnataka GoK | On 24 Feb 2009

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

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

by Duvvuri Subbarao | On 24 Feb 2009

Cities with Suburbs: Evidence from India

For a country like India that contains a large number of Urban Agglomerations (UAs), suburbanisation has drawn little attention of the literature. I focus on this sparsely studied issue in this work....

by Kala Seetharam Sridhar | On 20 Feb 2009

Children Out of Focus....Interim Budget at a Glance 2009-10

Examines whether there are any funds for children related activities.

by HAQ Centre for Child Rights HAQCRC | On 19 Feb 2009

Governance in Public Transport Systems: Comparing Indian Railways and Airways

The paper examines the basic reasons and feasible remedies for organizational weakness, and the possible contribution of ownership, industry and management structure, leadership, social norms, and i...

by Ashima Goyal | On 12 Feb 2009

Fiscal Federalism, State Lobbying and Discretionary Finance in India

The paper attempts to construct political influence variables and explain discrepancies in fund disbursement through proper econometric specification in the Indian context.

by Rongili Biswas | On 21 Jan 2009

Health Damage Cost of Automotive Air Pollution: Cost Benefit Analysis of Fuel Quality Upgradation for Indian Cities

An analysis of the economic implication of judicial activism of the apex court of India in the regulation of automotive air pollution is analysed. It estimates the health damage cost of urban air po...

by Ramprasad Sengupta | On 16 Jan 2009

Some Reflections on the Recent Global Financial Turmoil – an Indian Perspective

The speech tries to underline some lessones that be drawn from the financial crisis relevant to regulation, financial markets and the market infrastructure and to reflect on these. [Annual Conference...

by Shyamala Gopinath | On 15 Jan 2009

Conflict in Cross Border Mergers: Effect of Firm and Market Size

This paper tries to analyze the interrelationship between possibilities of conflict in cross border mergers and acquisitions and firm and market characteristics in a two country three firm model. Th...

by Poonam Mehra | On 14 Jan 2009

Women's Contribution to the Economy Through Their Unpaid Household Work

An attempt has been made to discuss various aspects of unpaid household work such as its treatment in the system of National Accounts, and the methodologies of its valuation. With the help relevant da...

by R N Pandey | On 09 Jan 2009

Does Timing of Elections Instigate Riots? A Subnational Study of 16 Indian States, 1958-2004

Whether timing of the elections leads to riots or not within India. In other words, does timing of elections instigate riots? Using time series crosssectional data for 16 major Indian states for the...

by Krishna Chaitanya Vadlamannati | On 09 Jan 2009

Consultation Paper on Review of Interconnection Usage Charge (IUC)

Written comments on the issues raised for consultation may please be furnished to Principal Advisor (FN), TRAI by 30th January, 2009. The comments may be sent in writing and also preferably be sent in...

by Telecom Regulatory Authority of India TRAI | On 08 Jan 2009

Indian Railways in the Past Twenty Years Issues, Performance and Challenges

To understand the development process of Indian Railway’s over the past twenty years, the study covers issues and strategies related to financial and physical aspects of revenue generating freight and...

by G. Raghuram | On 06 Jan 2009

Through a Glass Darkly: Deciphering the Impact of Oil Price Shocks

In order to examine if the impact of oil price shocks depends on the structure of an economy, a vertical (VSC) and a horizontal (HSC) long-run supply curve identification are successively imposed on a...

by Ashima Goyal | On 05 Jan 2009

Mitigating Carbon Emission through Economic Instruments: An Indian Perspective

The paper has two objectives. One, to analyse the pattern of energy usage in India and the implications thereof for carbon emission; two, to examine whether pricing and taxation policies have any ro...

by Samantak Das | On 24 Dec 2008

The Global Financial Turmoil and Challenges for the Indian Economy

Perspective on the current global turmoil, its impact on India, the outlook for the Indian economy and the challenges that lie ahead for the Indian banking system, in particular. [Speech delivered at...

by D Subbarao | On 19 Dec 2008

Reducing Currency and Maturity Mismatch

The main objectives of this report are to identify and propose policies, factors and conditions that could mitigate or avoid double mismatches. policies here means any course of action pursued and ad...

by Khee-Giap Tan | On 19 Dec 2008

Traveling Agents: Political Change and Bureaucratic Turnover in India

Politicians face high-powered electoral pressures while bureaucrats face longer-term, low powered incentives. Given constitutional constraints, what incentives do politicians employ to control bureauc...

by Lakshmi Iyer | On 02 Dec 2008

Inside the Family A Report on Democratic Rights of Women

The report highlights the following aspects: 1. the inability of the legal system to recognise the unique unequal , 2. position of women; 3. the perception of women as peripheral to economic develo...

by PUDR Peoples Union for Democratic Rights | On 01 Dec 2008

The Role of Fiscal and Monetary Policies in Sustaining Growth with Stability in India

This paper focuses on the role of fiscal and monetary policies in the evolution of the Indian economy over the years, with particular attention being given to the reforms undertaken in these policies...

by Rakesh Mohan | On 28 Nov 2008

Contemporary International and Domestic Banking Developments and the Emerging Challenges

A broad overview, from the Indian perspective, of the factors underlying the credit market crisis in the west, the implications of the crisis for the financial sector, lessons learnt from it, the var...

by Leeladhar V | On 25 Nov 2008

The Incidence and Performance Effects of Interlocking Directorates in Emerging Market Business Groups: Evidence from India

The structure and extent of interlocking directorates within Indian business groups is studied and analyses the performance effects of such interlocks. It finds that large groups tend to have more int...

by Bikram De | On 21 Nov 2008

Strategies for Improved Servicing of the Customers: Case of Ghaziabad Goods Shed of the Indian Railways

The paper provides a comprehensive description of GZB (Ghaziabad) goods shed, including facilities, traffic flow, customer interface, processes, etc. In this context, the paper raises questions regard...

by G. Raghuram | On 12 Nov 2008

Semi-Feudalism and Perpetual Indebtedness

The implications of removing some of the restrictive assumptions of a model of semi-feudalism formulated by A.Bhaduri are examined. [WP no. 16].

by N. Krishnaji | On 10 Nov 2008

India’s Macroeconomic Performance

The paper reviews India’s macroeconomic performance and policies since 2000. The first section briefly summarizes key macroeconomic developments regarding economic growth, inflation, external bala...

by Shankar Acharya | On 02 Nov 2008

The Role of Intellectual Property Rights in Information and Communication Technologies

The paper starts by recapitulating the basic arguments provided by economic theory to explain the existence of the patent system. The paper then concentrates on the three important ICT industries viz....

by C Niranjan Rao | On 30 Oct 2008

Dynamics of Rural Water Supply in Coastal Kerala: A Sustainable Development View

This paper examines empirically within sustainable development framework the dynamics of coverage in rural drinking water supply of 180 demand-driven schemes from Malappuram, predominantly a coastal...

by K Pushpangadan | On 27 Oct 2008

Heterodox Macroeconomics and the Design of Monetary Institutions

Two agendas of the heterodox economics programme; the stock-flow consistent models pioneered by Wynne Godley, and the monetary circuit approach researched in France and Italy are discussed. The object...

by Romar Correa | On 10 Oct 2008

Renewable Energy Strategies for Indian Power Sector

Specific policy issues linked to renewable energy development with recommendations for future strategies and measures have been discussed in the article. [CSH WP no. 3]

by Debyani Ghosh | On 07 Oct 2008

Issues Before the Thirteenth Finance Commission

The paper argues that irrespective of the wording of the Terms of Reference (ToR), the Commission would do well to focus on its primary task of recommending transfers to serve the objective of equit...

by M.Govinda Rao | On 06 Oct 2008

Consultation Paper on Media Ownership

The objective of the paperis to obtain the inputs of stakeholders and to generate a discussion on the appropriate policy relating to cross media and ownership restrictions in India. The comments of al...

by Telecom Regulatory Authority of India TRAI | On 03 Oct 2008

Technology Sourcing and Internationalisation of IT firms in India

The paper analyzes the determinants of internationalisation, defined in terms of export intensity and overseas investments, of the IT firms in India. In particular, the paper examines the role of tech...

by Narayanan K | On 01 Oct 2008

Carrying Over: Analysing Female Utopias and Narratives of Education from 17th-century France to 18th-century Britain and 20th Century India

The paper carries the reader across and over great spans of space and time, with an Indian feminist woman academic journeying back to seventeenth-century ancien regime France, to 1770s Scotland, to 17...

by Bagchi B | On 01 Oct 2008

Pluralism, Tenancy and Poverty: Cultivating Open-Mindedness in Poverty Studies

This paper applies theoretical pluralism to studies of poverty. However in order to be more specific it takes as a case study some competing studies of Indian rural tenancy relations. In the paper, sp...

by Wendy Olsen | On 25 Sep 2008

Persistent Inequality: An Explanation Based on Limited Parental Altruism

This paper provides an explanation for the observed persistence in income inequality across households in terms limited parental altruism. It is postulated that the degree of parental altruism is ‘lim...

by Mausumi Das | On 24 Sep 2008

Food Processing in Andhra Pradesh Opportunities and Challenges

The study is taken up in the state of Andhra Pradesh with the following objectives: 1. To study the opportunities and challenges in processing of rice, fruits and vegetables, oilseeds and livestock...

by S.Mahendra Dev | On 17 Sep 2008

Can Insurance Reduce Catastrophic Out-of-Pocket Health Expenditure

It is argued that for households below poverty line any expenditure on health is catastrophic as they are unable to attain the subsistence level of consumption. Thus, zero percent is taken as a thres...

by Rama Joglekar | On 15 Sep 2008

Structural Modeling under Challenge

It is interesting to note that nearly three decades of new paradigms in macroeconomic theory and policy have hardly gone beyond the ivory towers of the academic world. The extent to which a scientif...

by V. Pandit | On 28 Aug 2008

Another Look at Renewables on India’s Sagar Island

Much existing literature champions renewables implementation on India’s Sagar Island as an unqualified rural electrification success story. Photovoltaic (PV) and wind systems put in place by the West...

by Sam Shrank | On 25 Aug 2008

Does Tourism Contribute to Local Livelihoods? A Case Study of Tourism, Poverty and Conservation in the Indian Sundarbans

This study examines the contribution of tourism towards improving the livelihoods of local people in a remote island village of the Indian Sundarbans.

by Indrila Guha | On 18 Aug 2008

Growing Services in India - An Inter-Sectoral Analysis Based on State-Level Data

This study is an inter-sectoral analysis of state domestic product data to understand the determinants of the services sector growth in India during the recent years. It is a demand side analysis wh...

by Deepita Chakravarty | On 11 Aug 2008

The Indian Banking Industry – A Retrospect of Select Aspects

A broad overview of the achievements and progress made by the Indian banking sector in the last two decades and the emerging frontiers of the Indian banking system, in the post-reform era. [Address d...

by Leeladhar V | On 11 Aug 2008

Impact of Proposed Commodity Transaction Tax

The relationship between trading activity, volatility and transaction cost using a three-equation structural model for five top selected commodities namely Gold, Copper, Petroleum Crude, Soya Oil and...

by Pravakar Sahoo | On 07 Aug 2008

Factors Influencing the Performance of Indian and Chinese Software Firms

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

by N.S. Siddharthan | On 30 Jul 2008

Measuring Sustainability with Macroeconomic Data for India

This paper investigates certain macro data on the Indian economy to draw inferences on the sustainability of the economic growth experienced over the last couple of decades. Interpreting sustainabilit...

by Purnamita Dasgupta | On 24 Jul 2008

Managing Capital Flows: The Case of India

From the early 1990s, India embarked on easing capital controls. Liberalization emphasised openness towards equity flows, both FDI and portfolio flows. In particular, there are few barriers in the fa...

by Ajay Shah | On 24 Jul 2008

Women's Reservation Bill

Women's Reservation Bill

by Parliamentary Research Service PRS | On 24 Jul 2008

Are Fair Trade Labels Effective Against Child Labor?

In this paper, a model of North-South trade is developed to analyze the impact of a label certifying the absence of child labour in the export production of the South. [WP no 144].

by Jean Marie Baland | On 19 Jul 2008

Sustainable Economic Growth for India

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

by V. Pandit | On 26 Jun 2008

Interest Rate Modeling and Forecasting in India

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

by Pami Dua | On 13 Jun 2008

Inclusive Growth in Andhra Pradesh: Challenges in Agriculture, Poverty, Social Sector and Regional Disparities

The important elements of inclusive growth are: agricultural growth, employment generation and poverty reduction, social sector (health and education) and reduction in regional and other disparities...

by S.Mahendra Dev | On 31 May 2008

New issues in Indian macro policy

For many decades, macro-policy in India was conducted in an environment with five key elements: ˆ Agricultural shocks rather than a conventional business cycle; A closed economy; deeply distorti...

by Ajay Shah | On 13 May 2008

Reprioritisation of Public Expenditure for Human Development

An important method of managing resources to finance consistent and balanced human development lies in the reprioritisation of current expenditure in accordance with the urgent needs and shortfalls...

by Tapas K. Sen | On 13 May 2008

Action Plan to Address Agrarian Distress in India

The government of India has appointed many committees to look into the issue of agrarian distress in India. An Expert Panel was constituted by the National Bank for Agricultural and Rural Development...

by Satish Chander | On 12 May 2008

Inflation: Sign and Symptom of Mismanagement

Inflation impacts on the social and political life and it is the poor who bear the consequences most. There can be no room for tardiness in taking measures to control inflation. [See synopses of par...

by Shambhu Ghatak | On 21 Apr 2008

Sins of Omission

The question today is whether all the issues that were neglected when things were going well, will now get due attention when we can see even more clearly what needs to get done.

by T.N. Ninan | On 19 Apr 2008

Sins of Omission

The question today is whether all the issues that were neglected when things were going well, will now get due attention when we can see even more clearly what needs to get done.

by T.N. Ninan | On 19 Apr 2008

Risk, Informational Asymmetry and Product Liability: An Enquiry into Conflicting Objectives

Risky products cause two types of costs for society; the accident costs and the insurance costs. Liability rules allocate these costs between the parties involved. The expansion in the scope of produ...

by Ram Singh | On 14 Apr 2008

Draft Report of the Committee on financial Sector Reforms

The financial sector has built capabilities such that, with appropriate policy changes, it can grow tremendously, both domestically and internationally. the report touches upon two reasons for financi...

by Raghuram G. Rajan | On 14 Apr 2008

India, Democracy and the Press

The impressive growth of the Indian media is largely taking place outside of the voting classes, ensuring that the media are not playing a significant public service role. Ultimately, the author sugge...

by James Mutti | On 11 Apr 2008

Report of High Level Group on Services Sector

The Planning Commission constituted a high level committee for comprehensively examining the different aspects influencing the performance of the services sector and suggest short-term and long-term p...

by Anwarul Hoda | On 09 Apr 2008

Innovation and Growth: Role of the Financial Sector

A brief overview is provided about India’s long-term growth performance. Then an attempt is made to set out the conditions for successful innovations. To assess the role of innovations in the Indian...

by Rakesh Mohan | On 03 Apr 2008

Consultation Paper on Policy Guidelines for Television Audience Measurement (TAM)/ Television Rating Points (TRP)

Reliability of audience measurement reports both from the perspective of viewers and competitive relations between broadcasters have been of concern to the Regulators in most countries. Internationall...

by Telecom Regulatory Authority of India TRAI | On 01 Apr 2008

Competitiveness of India's Manufacturing Sector: An Assessment of Related Issues

An analysis of the various parameters of manufacturing competitiveness of the Indian economy is provided. The paper notes that India is one of the leading producers and exporters of a number of commod...

by Lakshmanan L | On 19 Feb 2008

The Growth Record of the Indian Economy, 1950-2008: A Story of Sustained Savings and Investment

A review of the overall macroeconomic performance in India since independence, the prospects for the coming five years and finally the issues that need to be addressed for sustaining the growth of the...

by Rakesh Mohan | On 16 Feb 2008

Requirement of Public Holding for Listing

It is proposed to amend the Securities Contracts (Regulation) Rules, 1957 (SCRR) to make provisions to implement the proposals as suggested at Para 11 in the paper. The comments on these proposals are...

by Ministry of Finance | On 05 Feb 2008

Third Quarter Review of Annual Monetary Policy for the Year 2007-08

Review consists of three sections: I. Assessment of Macroeconomic and Monetary Developments; II. Stance of Monetary Policy; and III. Monetary Measures. An analytical profile of macroeconomic a...

by Y V Reddy | On 30 Jan 2008

Book Review: Visualizing Children: Images and Imagination

Review of Erika Langmuir Imagining Childhood. New Haven: Yale University Press, 2006. 256 pp. Illustrations, notes, index. $55.00 (cloth), ISBN 978-0-300-10131-7.

by Loren Lerner | On 15 Jan 2008

Intergrated Energy Policy

The report of the Expert Committee provides a broad overarching framework for guiding the policies governing the production and use of different forms of energy from various sources. It makes specific...

by Planning Commission, India | On 10 Jan 2008

Management of the Capital Account in India: Some Perspectives

Management of capital accounts in the global context and in the Indian context. [Inaugural address delivered by Dr. Y. V. Reddy, Governor, Reserve Bank of India at the Annual Conference of the Indian...

by Y V Reddy | On 08 Jan 2008

Transgenics in Indian Agriculture: Experiences so far and implications of KIA proposals on Indian Farmers

KIA proposes to bring a paradigm shift in Indian Agriculture in terms of human resource development, research, technology generation, technology dissemination and commercialization. In the short run,...

by Ramanjaneyulu G V | On 05 Jan 2008

Drains, Hoards and Foreigners: Does the 19th Century Indian Economy have any Lessons for the 21st Century India?

With the 19th century drain, no one was certain if the benefit exceeded the cost and since the rulers were foreign the suspicion was that any investment they made was not beneficial. But the lesson f...

by Lord Meghnad Desai | On 25 Dec 2007

Does Energy Consumption Fuel Economic Growth In India?

Whether energy use drives economic growth or vice versa in the Indian context during the period 1970-71 to 2004-05 is examined. Utilizing the Granger causality test, the study suggests that it is the...

by Hrushikesh Mallick | On 17 Dec 2007

Bancassurance : A Feasible Strategy for Banks in India ?

The scope for bancassurance models as feasible source of sustainable income to banking sector is explored by exploiting the synergy in the context of India having the largest banking network on the on...

by Karunagaran A | On 27 Nov 2007

Vaccine Policy in India

The success of an immunisation programme in any country depends more upon local realities and national policies. This is particularly true for a huge and diverse developing country such as India, with...

by Yennapu Madhavi | On 12 Nov 2007

Monetary Conditions Index for India

The authors attempt to construct a monetary conditions index (MCI) for India in order to take both interest rate and exchange rate channels simultaneously into consideration while evaluating the stanc...

by Kannan R | On 08 Nov 2007

Performance Budget 2005-2006 AYUSH

Performance Budget for 2005-2006 of Department of Ayurveda, Yoga and Naturopathy, Unani, Siddha and Homeopathy (AYUSH).

by Ministry of Health and Family Welfare H & FW | On 06 Nov 2007

Customer Centricity and the Reserve Bank

The Reserve Bank, as the regulator of the banking sector, has been actively engaged, from the very beginning, in the review, examination and evaluation of customer service in the banks. It has been re...

by Leeladhar V | On 26 Oct 2007

Enhancing Rural Livelihoods

The Overseas Development Institute in the UK recently carried out a study on ICT for rural livelihoods, commissioned by InfoDev. The study included a literature and donor review in collaboration with...

by Paul Matthews | On 26 Oct 2007

‘A People United In Development’: Developmentalism In Modern Malayalee Identity

The attempt is to draw upon public sphere debates in Malayalee society in the immediate post-independence decades, more specifically on speech and writing accruing around the distinctiveness of Malaya...

by J Devika | On 23 Oct 2007

Non Deliverable Foreign Exchange Forward Market: An Overview

Recognising the growing activity in the non deliverable forward (NDF) market in the recent years, the paper attempts to present a detailed analysis of the NDF market with special focus on Indian rupee...

by Sangita Misra | On 22 Oct 2007

Going Places? Visitors, Enthusiasts and the Public History of Transport

The ways in which the public learns about the histories of transport and travel are explored. The role of displays put on by museums and by heritage transport attractions - organisations such as steam...

by Colin Divall | On 11 Oct 2007

Why Don’t Small and Medium Enterprises Innovate More : Creating a Cooperative Learning Environment at Individual, Firm and Regional Level

In a globalising economy, regional or national benchmarks do not suffice any more. Be it technology or business method or practices, Indian small scale entrepreneurs will have to benchmark their curre...

by Anil K Gupta | On 10 Oct 2007

Capital Inflows, Financial Repression and Macroeconomic Policy in India since the Reforms

Since the early 1990s the Indian economy has seen a considerable relaxation of controls, as a consequence of which it has witnessed unprecedented growth. This is especially remarkable in the external...

by Partha Sen | On 04 Oct 2007

Periurbanisation in Tamil Nadu: A Quantitative Approach

This paper is an attempt to measure the extent of peri-urbanisation that has taken place in TamilNadu. Geographical data is used based on the 1991 census for TamilNadu and Pondicherry. A systematic e...

by Sébastien Oliveau | On 04 Oct 2007

What Can Economists Explain by Taking into Account People’s Perceptions of Fairness: Punishing Cheats, Bargaining Impasse, and Self-Perpetuating Inequalities

Evidence abounds that individuals have preferences for being fairly treated and treating others fairly. These preferences do not affect economic outcomes in competitive markets with standardized prod...

by Karla Hoff | On 03 Oct 2007

Two Indian Birth Anniversaries: The Meteor and the Mahatma

In popular belief, Bhagat Singh and Gandhi occupy two antipodes in India's struggle for freedom – the former representing the young generation impatient to overthrow foreign rule by any means necessar...

by Niranjan Ramakrishnan | On 03 Oct 2007

The Indian Economic Journal, January 2007

CHIUNG-JU HUANG : Wagner's Law : Empirical Evidence for China and Taiwan CHIAO-YI CHANG, CHING-FU CHEN AND I-YUAN CHUANG : Does Asian Financial Crisis Change Price Co-Movements in East Asia. G. RAM...

by Department of Economics DoE, Allahabad University | On 01 Oct 2007

Review of Rural Non-farm Sector in India: Recent Evidence

During the period 1972-73 to 2004-05 in rural India, the total number of workers expanded more in the non-farm sector than the farm sector with the rise in male workers being sharper than that of fema...

by Sharad Ranjan | On 30 Sep 2007

Models of Equilibrium Real Exchange Rates Revisited: A Selective Review of the Literature

One of the more important concepts in open macroeconomics is the “equilibrium real exchange rate” (ERER). Real exchange rate misalignments are argued to have been the cause of loss of competitivene...

by Reza Y. Siregar | On 20 Sep 2007

Educational Policy and the Economics of the Family

The implications of alternative ways to model decisionmaking by families for educational policy are analysed. Many of the policy implications associated with credit constraints cannot be distinguished...

by Abhijit Banerjee | On 11 Sep 2007

Monetary Policy Developments in India: An Overview

A review of the recent developments in the Indian Economy. Review of the trends in monetary policy challenges globally and for emerging market economies (EMEs) in particular. The monetary policy frame...

by Y V Reddy | On 10 Sep 2007

Price Incentives, Nonprice factors, and Crop Supply Response: The Indian Cash Crops

Agriculture as a source of growth was sorely neglected in the early development strategies of the currently developing countries. Realisation of this shortcoming prompted public policy in these countr...

by Sunil Kanwar | On 06 Sep 2007

Should NABARD be Micro Finance Regulator?

NABARD is a key participant in the micro finance sector and has been closely associated with one of the two prevailing modes i.e. SHG-bank linkage mode of delivery of micro finance services. The devel...

by Mukul Asher | On 04 Sep 2007

Report of the Inter-ministerial Task Force on Convergence of Securities and Commodity Derivative Market

With the abolition of prohibition on forward trade in all the commodities at the beginning of 2003, the commodity derivativesmarket has been totally liberalized. The Ramamoorthy Committee set up by SE...

by Ministry for Consumer Affairs,Food and Public Dist MCAFP | On 26 Aug 2007

The Indian Economy since Independence

India's has been a unique path of economic development—internally decided in a democratic framework, constantly debated between different ideologies and interest groups, and increasingly engaging wi...

by Vinod Vyasulu | On 21 Aug 2007

Demand and Supply Factors in the Determination of India's Disaggragated Manufactured Exports: A Simultaneous Error-Correction Approach

An investigation of the demand and supply factors underlying the long-term behaviour of India’s disaggregated manufactured exports. An imperfect substitutes demand-supply model of export determination...

by Saikat Sinha Roy | On 20 Aug 2007

India: Large and Small

The past and present of India can be seen in many different perspectives. There is a case for focusing particularly on the long history of the argumentative tradition in India, and its continuing rele...

by Amartya Sen | On 17 Aug 2007

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

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

by Pami Dua | On 14 Aug 2007

First Quarter Review of Monetary Policy: Underlying Macroeconomics

An overview of domestic and global macroeconomic developments [Valedictory address at the High Powered Macroeconomic Workshop organised by the State Bank of India].

by Rakesh Mohan | On 08 Aug 2007

Dowry and Property Rights

Modernisation necessarily leads to the emergence of dowry as a direct transfer to the groom ("groom-price"). The historical instances of dowry can be classified according to the schema implied by the...

by Siwan Anderson | On 31 Jul 2007

Think Productivity

Export growth and rate of increase in bank credit have slowed down, oil prices are very high, becasuse of the interest rate hike, housing demand has reduced. Even though Sensex has crossed 15000, GDP...

by T.N. Ninan | On 10 Jul 2007

The Trade-Off Among Carbon Emissions, Economic Growth and Poverty Reduction in India

This study examines the consequences of a) a domestic carbon tax policy, and, b) participation in a global tradable emission permits regime on carbon emissions, Gross Domestic Product (GDP), and pover...

by Vijay Prakash Ojha | On 07 Jul 2007

Newsletter on Regional Economy: A bi-monthly four-state update

A monthly compilation by IRIS.

by IRIS India IRIS | On 06 Jul 2007

Glimpses of Indian Economy and its Financial Sector

A brief introduction to Reserve Bank of India, followed by glimpses of the Indian economy. A detailed account of reforms in India’s financial sector, in particular, the banking sector, and financial m...

by Y V Reddy | On 05 Jul 2007

Impact of U.S. Federal Interest Rate and Movement of MSCI on Indian Capital Markets

The relationship between Indian macro-economic factors and economic growth has been analyzed by a number of empirical studies. This paper re-examines the sources of variability in the Indian economy f...

by Bharat Chadha | On 26 Jun 2007

Investment Climate and Total Factor Productivity in Manufacturing: Analysis of Indian States

Liberalisation initiatives have been taken by India with a view to improve the efficiency of manufacturing industries and achieving faster GDP growth. The present paper investigates the influence of...

by C Veermani | On 01 Jun 2007

Ethics in Organizations: The Case of Tata Steel

The concern for ethical decision-making among the regulators, social groups and managers has substantially increased since failure of some of the prominent business organizations like Shell and Enron...

by Sunil Kumar Maheshwari | On 30 May 2007

Economic Reforms And Entry Barriers In Indian Manufacturing

Analysis is made to the extent of barriers to entry in Indian manufacturing by empirically quantifying the height of these barriers. Econometric estimation of the height of the barriers for 1991 and 1...

by M Suresh Babu | On 28 May 2007

On The Distributional Consequences Of Child Labor Legislation

A dynamic heterogeneous agent general equilibrium model is constructed to quantify the effects of child labor legislation on human capital accumulation and the distribution of wealth and welfare. Cruc...

by Dirk Krueger | On 23 May 2007

Public Investment and Agricultural Productivity: A State-wise Analysis of Foodgrains in India

The main objective of the study is to examine the long-run relationship between public investment and foodgrain productivity across the fifteen major states of India. The analysis is confined to the p...

by Shyjan D | On 19 Mar 2007

Editorial: Outlays Only, Not Outcomes?

The Budget does not sufficiently recognize the need for re-balancing the role of the state and the market, and of the public and the private sectors for managing increasingly complex economic and stra...

by Mukul Asher | On 07 Mar 2007

Turnaround of Indian Railways: A Critical Appraisal of Strategies and Processes

Indian Railways (IR), which was declared to be heading towards bankruptcy as per the Expert Group on Indian Railways in 2001, is today the second largest profit making Public Sector Undertaking after...

by G. Raghuram | On 27 Feb 2007

Fiscal Deficit, Capital Formation, and Crowding Out : Evidence from India

Theoretical literature identifies two variants of crowding out in an economy–real and financial. The real (direct) crowding out occurs when the increase in public investment displaces private capital...

by Lekha S. Chakraborty | On 17 Feb 2007

Report of the Technical Expert Group on Patent Law Issues

A Technical Expert Group on Patent Law Issues was set up by the Government of India, Ministry of Commerce & Industry, Department of Industrial Policy & Promotion to examine whether it would be TRIPS c...

by R.A. Mashelkar | On 14 Feb 2007

Grounding the Spirit: Revival of Irula Art as a Form of Narrative Tradition

Kriebish had, for a long time, cherished a dream of setting up a learning and documentation centre dedicated to the study of oral literature, village religion and customs, music and dance, traditional...

by Leena Pascal | On 12 Feb 2007

Outcome of the review of the trends in receipts and expenditure in relation to the budget at the end of the second quarter of the financial year 2006-2007

This mid-year review reports developments in the economy in the first half of 2006- 07, with a particular focus on Central Government finances, outlining the performances in the real sector, economi...

by Ministry of Finance | On 06 Feb 2007

What Drives Forward Premia in Indian Forex Market?

This paper explores the behaviour of the forward premia for US$ vis-à-vis INR during the five-year period of September 2000 to September 2005. Indian forex market experienced a peculiar phenomenon i...

by Anil Kumar Sharma | On 10 Jan 2007

Organisational Morphology of Rural Industries in Liberalised India: A Study of West Bengal

Recent interest on rural industries derives from recognition of the limits of agriculture and organised manufacturing sector in employment generation especially during the post-liberalisation period...

by Dibyendu S. Maiti | On 19 Dec 2006

Economic Causes of Tropical Deforestation - A Global Empirical Application

The paper investigates the complex system of causes affecting tropical deforestation at a worldwide level. There is no generally accepted theory in the deforestation literature to indicate which varia...

by Silviu S. Scrieciu | On 27 Nov 2006

Prospective Study of One Million Deaths in India: Rationale, Design, and Validation Results

Over 75% of the annual estimated 9.5 million deaths in India occur in the home, and the large majority of these do not have a certified cause. India and other developing countries urgently need reliab...

by Prabhat Jha | On 31 Oct 2006

Midterm Review of Annual Policy Statement for the year 2006-07

* Repo Rate increased to 7.25 per cent from 7.0 per cent. * The flexibility to conduct overnight repo or longer term repo including the right to accept or reject tender(s) under the LAF, wholl...

by Reserve Bank of India | On 31 Oct 2006

Cautionary tale

Investors in today’s India should not need to seek escape from poor infrastructure and irrational labour laws, in special zones; rather, the underlying problems should be tackled in the country as a w...

by T.N. Ninan | On 01 Oct 2006

Take-off

The world economy is slowing down, the commodity sector is headed for bleaker times, the downswing phase of the business cycle could see problems emerge that are hidden during the good times, protecti...

by T.N. Ninan | On 01 Oct 2006

Wrong focus

If business gains at the expense of other stake-holders (consumers, the tax department, farmers), economic benefits get captured by a small minority at the top of the pyramid. Even without skewed poli...

by T.N. Ninan | On 01 Oct 2006

Who's in Crisis?

If one might attempt a hypothesis, it would be that India’s communist parties would like to adjust to the reality of the day by giving up their old identities and becoming social democratic parties, b...

by T.N. Ninan | On 01 Oct 2006

Social Exclusion And Criminal Law

This paper will examine the network of consitutional and penal provisions on the question of social exclusion and will explore the implications of these realities for an understanding of criminology...

by S.R. Sankaran | On 29 Aug 2006

Community Contribution for Environmental Sanitation: Myth or Reality?

Reforms in water and sanitation sector intended to make stakeholders part of the implementation process. In the process beneficiaries share partial capital cost and meet 100 per cent of operation and...

by Veerashekarappa | On 12 Aug 2006

Does Repayment Indicate the Success of Micro-Finance Programme?

This paper examines the patterns of loan utilisation and repayment among micro-finance group members for Wayland district of Kerala. It argues that 100 per cent repayment by members need not always in...

by Emil Mathew | On 12 Aug 2006

Sub-National Innovation Networks in India: An Emerging Scenario

Proliferation of sub-national innovation networks, a relatively new concept, promises to be an alternative to centralized national innovation system. To be an independent entity, its growth must come...

by A.S. Rao | On 03 Jun 2006

Non-equity Alliances and the Performance of Indian Software Firms

The Indian software industry has grown very rapidly for more than a decade. In this study we report the results of a multivariate statistical analysis of the determinants of sales revenue growth and p...

by N.S. Siddharthan | On 03 Jun 2006

SEPHIS e-journal, Volume 2:3, May 2006

Editorial: Samita Sen, Shamil Jeppie, Carlos Degregori Articles: Hlonipha Mokoena: The Making of a Kholwa Intellec- tual: Introducing Magema Magwaza Fuze. Iman Kumar Mitra:The Economics of Sex in...

by SEPHIS | On 23 May 2006

Estimating the Value of Agricultural Cropland and Pasteurland in India

The main aim of this study is to develop an accounting framework that reflects the real contribution of agricultural land and pastureland to society. The more specific objectives are to: 1 estimate...

by Haripriya Gundimeda | On 23 May 2006

The Value of Timber, Carbon, Fuelwood,and Non-Timber Forest Products in India's Forests

Accounting for forest wealth is an important ingredient in creating a framework for analysing policy trade-offs. This study describes forestry-related stocks and flows in terms of land area (under fo...

by Haripriya Gundimeda | On 15 May 2006

Integrating poverty reduction in IMF-World Bank Models

This paper outlines the Fund-Bank analytical frameworks and presents a critical appraisal indicating the importance of both demand and supply constraints in the countries undertaking Fund adjustment p...

by Brigitte Granville | On 27 Apr 2006

India’s Demographic Trends: Implications for Growth and Capital Markets

India is in a favourable demographic phase, which has the potential to increase its trend rate of growth and depth of its financial and capital markets. These effects however are not likely to be au...

by Mukul Asher | On 17 Apr 2006

India Needs to Separate Debt from Monetary Management

The Reserve Bank of India, in its Annual Policy Statement on April 28, 2005, for the year 2005-06, announced its intention to reorient government debt management operations entailing functional separ...

by Charan Singh | On 14 Apr 2006

Constituting Development: Encountering the deprivation of the ‘poor’ under the ‘reform’ apparatus in India

The paper addresses three main issues: The nature of economic reforms and how growth is segregated within the sectors; secondly, limitations of the poverty line approach to estimate the development of...

by Saji M. | On 31 Mar 2006

An Emerging Knowledge Economy and a Stagnating Agrarian Economy: Contradictions in Andhra Pradesh under Globalization

This paper presents some features of the contradictions in Andhra Pradesh’s economy today: the fast growth of IT and other technology-intensive industries in Hyderabad, and the alarming levels of dist...

by Jayan Jose Thomas | On 30 Mar 2006

India’s Post-Liberalisation Growth Experience: An Analysis by the Demand Components

This paper tries to examine the sustainability aspect of the rate of growth (rog) in recent years, designated as ‘the second phase of liberalisation’. This paper is based on the Keynesian framework wh...

by Anamitra Roychowdhury | On 29 Mar 2006

India’s Pharmaceutical Industry in the WTO Regime: A SWOT Analysis

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

Trends and Patterns of Technology Acquisition in Indian Organized Manufacturing: An Inter-industry Exploration

With liberalization of foreign technology import policy in the 1990s, India has seen declining R&D intensity at national level. This has generated a general concern on how Indian industries are doin...

by Jaya Prakash Pradhan | On 28 Mar 2006

Foreign Direct Investment and Technology Spillovers:Evidence from the Indian Manufacturing Sector

During the recent period, many countries compete with each other to attract foreign investment. When MNCs invest in a host country, it is assumed that a part of their technology spills to the host cou...

by Subash Sasidharan | On 26 Mar 2006

Chronicles of Tragedies and Harbingers of Hope: Resistance to Neo-Liberalism-- People’s Movements and Alternatives

Neo-liberal economic policies have threatened land security, security of employment opportunities and food security. In the background representatives of the peasantry have to transform themselves int...

by Vijoo Krishnan | On 26 Mar 2006

Neoliberal Economic Reforms and Targeted Public Distribution System: Case study of two Orissa villages

This paper draws on a study on functioning of public distribution system in Orissa based on secondary data as well as primary data. The first section of this paper discusses in brief the policy change...

by Rajshree Bedamatta | On 26 Mar 2006

Coping with Risk or Courting More Risk?report on changing rural livelihoods during agrarian distress in Kerala

This paper deals with the agrarian distress experienced in parts of rural Kerala from the latter half of the 1990s, and the ways in which the distress affected the livelihoods of cultivating household...

by R. Ramakumar | On 26 Mar 2006

Regional and Gender Disparities in Agricultural Wages

This study on agricultural wages shows that states like West Bengal and Gujarat have performed well in providing gender equal wages to men and women. Kerala’s performance in maintaining gender equal w...

by Shambhu Ghatak | On 26 Mar 2006

Gender Audit of Budgets

The Budget is an important tool in the hands of state for affirmative action for improvement of gender relations through reduction of gender gap in the development process. Budgets garner resources th...

by Vibhuti Patel | On 09 Mar 2006

The Extent of Exchange Rate Flexibility in India: Basket Pegger or Closet US Dollar Pegger?

This paper examines the degree of de facto exchange rate flexibility for India over the last two decades. While there is a diversity of methods that measure de facto exchange rate regimes, none indivi...

by Tony Cavoli | On 08 Mar 2006

Union Budget : Financing Social Sector Budgets

There has been a perception that since the introduction of what have derisively been called “neo-liberal” reforms, the social sectors i.e. those dealing with education and health, have suffered. Is...

by Ajit Karnik | On 07 Mar 2006

The Budget, Outlays, and Inequality

Growth, or more accurately, the quality of growth, is intricately linked to inequality and so the Finance Minister and the government need to do more by addressing problems of governance as well. htt...

by Errol D'souza | On 06 Mar 2006

The Budget, Outlays, and Inequality

Growth, or more accurately, the quality of growth, is intricately linked to inequality and so the Finance Minister and the government need to do more by addressing problems of governance as well.

by Errol D'souza | On 06 Mar 2006

Editorial: Union Budget: Securing its Legacy

Union Budget 2006-07 breaks new ground in many areas, and continues on the path of modernizing the tax system. It also gives deserved recognition to key allocation priorities. But its legacy will be...

by Mukul Asher | On 05 Mar 2006

Union Budget 2006-07: Speech

The bulk of the resources must go to the UPA Government’s eight flagship programmes: Sarva Siksha Abhiyan, Mid-day Meal Scheme, Rajiv Gandhi Drinking Water Mission, Total Sanitation Campaign, National...

by Ministry of Finance | On 28 Feb 2006

Gujarat: Budget Speech 2006-07

by Ministry of Finance Government of Gujarat | On 27 Feb 2006

Economic Survey 2005-06, Chapter 10

Social Sectors

by Ministry of Finance | On 27 Feb 2006

Economic Survey 2005-06, Chapter 9

Infrastructure

by Ministry of Finance | On 27 Feb 2006

Economic Survey 2005-06, Chapter 8

Agriculture

by Ministry of Finance | On 27 Feb 2006

Economy Survey 2005-06, Chapter 7

Industry

by Ministry of Finance | On 27 Feb 2006

Economic Survey 2005-06, Chapter 6

External Sector

by Ministry of Finance | On 27 Feb 2006

Economic Survey 2005-06, Chapter 5

Prices and Food Management

by Ministry of Finance | On 27 Feb 2006

Economic Survey 2005-06, Chapter 4

Securities Markets

by Ministry of Finance | On 27 Feb 2006

Economic Survey 2005-06, chapter 3

Monetary and Banking Developments

by Ministry of Finance | On 27 Feb 2006

Economic Survey 2005-06,Chapter 2

Public Finance

by Ministry of Finance | On 27 Feb 2006

Economic Survey 2005-06, Chapter 1

General Review

by Ministry of Finance | On 27 Feb 2006

Indican Council of Medical Research Bulletin, Volume 34, 2004, November-December

Closing Gaps to Achieve the Millennium Development Goals: Roles

by Indian Council of Medical Research | On 08 Feb 2006

Social Security Policy in an Era of Globalization and Competition: Challenges for Southeast Asia

There are several themes which emerge from the comparative analysis of social security systems in Southeast Asia. Each country will need to address the limitations of their respective system in relati...

by Mukul Asher | On 06 Feb 2006

Transition to Market and Normative Framework of Fiscal Federalism

This paper deals with the challenges of fiscal federalism in planned economies. Planned economies through their various policy instruments to control the resource allocation introduce several source...

by M.Govinda Rao | On 06 Feb 2006

Macroeconomic and Monetary Developments: Third Quarter Review, 2005-06

The robust performance of the Indian economy continued during the second quarter (July-September) of 2005-06. According to the Central Statistical Organisation (CSO), the economy recorded a real GDP...

by Reserve Bank of India | On 02 Feb 2006

Raising the Tax Ratio by Reining in the 'Tax Breaks': An Agenda for Action

The increase in direct taxes has not been able to offset the decline that resulted from the reduction in customs tariff and decline in excise revenue. The task facing the policymakers now is to explor...

by Amaresh Bagchi | On 01 Feb 2006

The Social Cost of Foreign Exchange Reserves

There has been a very rapid rise since the early 1990s in foreign reserves held by developing countries. These reserves have climbed to almost 30 percent of developing countries' GDP and 8 months of i...

by Dani Rodrik | On 27 Jan 2006

Real Sector Shocks and Monetary Policy Responses in a in a financially vulnerable Emerging Economy

When analyzing the appropriate response for monetary policy during a currency crisis it is important to keep in mind two distinct channels: (a) the impact of raising interest rates on exchange rates...

by Ramkishen S. Rajan | On 27 Jan 2006

Macroeconomic and Monetary Developments: Third Quarter Review 2005-06

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

by Reserve Bank of India | On 25 Jan 2006

Agricultural Biotechnology and Biosafety in India: Expectations, Outcomes and Lessons

The concept of ‘agricultural biotechnology’ covers two main categories of activities, one of which is characterised by genetic modification using recombinant DNA techniques (GM-technology), while the...

by A. Indira | On 22 Nov 2005

B.S.Minhas: 'Prescribing Rationality'

In his early years, B S Minhas, who passed away recently, enriched economics with his valued theoretical contributions that are today an integral part of economic literature. These were both acknowled...

by Deena Khatkhate | On 21 Nov 2005

Trends and Issues in Tax Policy and Reform in India

The Indian tax reform experience can provide useful lessons for many countries due to the largeness of the country with multilevel fiscal framework, uniqueness of the reform experience and difficult...

by M.Govinda Rao | On 10 Nov 2005

Review of Uma Dhupelia-Mesthrie's 'Gandhi's Prisoner?: The Life of Gandhi's Son Manilal'

The book opens new debates relevant to post-apartheid South Africa, in particular the relationship of Indians and Africans. Contemporary discussion of this sensitive issue is always framed with refere...

by Goolam Vahed | On 22 Sep 2005

Why Do Governments Lack “Political Will”? An Explanation

This paper proposes “lack of political will” as the most important reason why a ruling political party is unable to commit itself to economically efficient choices or policies. The notion of political...

by Ajit Karnik | On 19 Aug 2005

The Problem

Introduction to the issue on Revitilising Science, a symposium on the importance of science and technology in our society.

by Anonymous | On 08 Aug 2005

European Slave Routes in the Indian Ocean

This paper attempts to discuss the implications of the European slave trade in the Indian Ocean from 15th century onwards; duplicity of the European policy of slave trade; the conflict of interests am...

by Aparajita Biswas | On 08 Aug 2005

Understanding Indian Society: The Relevance of Perspective from Below

Indian society is a product of long and complex historical process. The seven major events contributed to the formation of this process are Aryan `advent', the emergence of Indian Protestant religion...

by T Oommen | On 05 Aug 2005

Designing A Best Reponse With A Human Face In The Context Of Paradigm Shift In Macroeconomic Management: A Case For Civil Society Intervention

The paper is intended to serve as a background note for the seminar organised by KSWA. It looks at the paradigmatic change in the Indian economic environment and situates the 74th CAA in the context....

by Abhay Pethe | On 05 Aug 2005

Indian Ports – The Current Scenario

This paper has tried to study and compare the efficiency of Major Ports in India. It also tries to make the comparison of Indian Ports to that of the Ports like Singapore and other developed countries...

by Atul Deskmukh | On 05 Aug 2005