Related Articles

Matching keywords : Companies Bill, finance, Capitalisation, directors, stakeholders, foreign companies, Company Liquidator, bonus shares

3rd Urban Economy Forum 2021:The Brampton Resolution

The 3rd Urban Economy Forum is one of the world’s most premier urban gatherings on sustainable urban economies and urban management. The collaborative approach for collective action taken by the organ...

by | On 07 Jan 2022

Climate finance for Cities and Urban Governments

Ambitious actions taken to reduce urban emissions and increase resilience can enhance cities’ quality of life and social equity in far-reaching ways.4 However, building just cities in an era of clim...

by | On 09 Nov 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

Impact of Covid-19 on the Indian Economy: An Analysis of Fiscal Scenarios

Amidst the economic slowdown triggered by the outbreak of the Covid-19 pandemic in India there have been many demands for the government to announce a large fiscal stimulus to support the economy. E...

by Ila Patnaik | On 08 Oct 2020

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

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

by | On 02 Jun 2020

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

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

by Ashima Goyal | On 14 May 2020

Inter-Governmental Fiscal Transfers in the Presence of Revenue Uncertainty: The Case of Goods and Services Tax (GST) in India

A comprehensive multistage Value Added Tax (VAT) system, viz., Goods and Services Tax (GST), is introduced in India since 1 July 2017. GST encompasses various taxes from Union and State indirect tax b...

by Sacchidananda Mukherjee | On 02 Apr 2019

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

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

by Farhad Taghizadeh-Hesary | On 01 Apr 2019

Impact of Changes in Fiscal Federalism and Fourteenth Finance Commission Recommendations Scenarios on States Autonomy and Social Sector Priorities

This paper compares the additional gains from higher tax devolution in the post 14th FC period, with the additional burden due to the withdrawal of certain central schemes and the changes in the shar...

by Amarnath H. K. | 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

The Labor Share of Income Around the World: Evidence from a Panel Dataset

This study provides an evaluation of five different methodologies of estimation commonly used in the labor share literature and propose a new measurement. Theglobal dataset of the labor income share a...

by Marta Guerriero | On 20 Feb 2019

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

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

by Paul Smoke | On 18 Feb 2019

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

The Growing Importance of Consumer Finance for Financial Inclusion in India

This paper examines the role of consumer finance, a high growth segment of the Indian financial sector in promoting financial inclusion. Consumer finance involves granting credit to consumers to enabl...

by Saon Ray | On 03 Feb 2019

Trends and Patterns of Corporate Social Responsibility Expenditure: A Study of Manufacturing Firms in India

This paper analysed the trends and pattern of Corporate Social Responsibility (CSR) expenditure of manufacturing firms in India in both voluntary and mandatory period. For the analysis, this study use...

by P. Kavitha | 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

The Business of Greening: Policy Measures for Green Business Development in Asia

The paper reviews green markets, technologies, and practices with a focus on developing Asian countries, and offers a set of policy options to enable governments and development finance institutions t...

by Daniele Ponzi | On 29 Jan 2019

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

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

by Ha Thi Thanh Doan | On 29 Jan 2019

Why is Green Finance Important ?

In 2017, global investment in renewables and energy efficiency declined by 3% and there is a risk that it will slow further; clearly fossil fuels still dominate energy investment. This could threaten...

by Jeffrey D. Sachs | On 28 Jan 2019

Green Finance in Singapore: Barriers and Solutions

This study reviews how green finance in Singapore is working, examines existing barriers, and suggests some solutions. Singapore, a well-established financial hub in Asia, aims to be a hub for green f...

by Youngho Chang | On 20 Jan 2019

Impact of Intergovernmental Fiscal Transfers on Gender Equality in India: An Empirical Analysis

Intergovernmental fiscal transfers (IGFT) are, in theory, neither good nor bad for tackling gender inequalities. Fiscal federalism with asymmetry in revenue and expenditure assignments inevitably lead...

by Janet G. Stotsky | On 14 Jan 2019

UDAY Power Debt in Retrospect and Prospects: Analyzing the Efficiency Parameters

The Government of India launched the Ujwal DISCOM Assurance Yojana (UDAY), in November 2015, with an objective of “Power for All”. Under the UDAY scheme, selected States agreed to convert 75 per cent...

by Amandeep Kaur | On 11 Jan 2019

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

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

by Cyn-Young Park | On 26 Oct 2018

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

Harnessing Technology for Moe Inclusive and Sustainable Finance in Asia and the Pacific

This brief report documents facts of financial innovation in Asia and the Pacific that include: • Fintech redefines a specific sector at the intersection of financial services and technology sectors....

by Asian Bank | On 09 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

Fiscal Challenges to Financing Social Protection to Achieve the Sustainable Development Goals: A Case of Three Countries

This working paper summarizes the findings from three of the countries chosen by the study—Mongolia, Myanmar, and Timor-Leste—to represent the range of challenges countries face and need to contend wi...

by Sri Wening Handayani | On 27 Sep 2018

Infrastructure Financing in South Asia

This paper discusses public and private sector financing of infrastructure, and examines the factors driving infrastructure investment in this subregion. Using a panel of three large South Asian count...

by Shikha Jha | On 26 Sep 2018

Green Energy Finance in India: Challenges and Solutions

The paper presents a granular understanding of the associated challenges of mobilizing such finances, drawing from the Indian perspective. It contributes to the present understanding by identifying th...

by Gopal K. Sarangi | On 24 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

Public–Private Partnership Development in Southeast Asia

Infrastructure development in Southeast Asia has been financed mainly by public funds, which leave wide gaps in majority of countries. Governments have tried to attract the private sector by offering...

by Fauziah Zen | On 16 Aug 2018

Managing Credit Risk and Improving Access to Finance in Green Energy Projects

The cost of finance has a relatively high impact on the returns and viability of clean energy projects compared with fossil fuel-based energy projects, because the operating costs for renewable energy...

by Purkayastha Dhruba | On 13 Aug 2018

Credit Risk Reduction Effect on Small and Medium- Sized Enterprise Finance Through the Use of Bank Account Information

This paper verifies the impact of bank account information, such as information on deposits and withdrawals, that is not necessarily fully accounted for in conventional internal ratings and that can a...

by Naoko Nemoto | On 10 Aug 2018

An Overview of Islamic Banking and Finance in Asia

The Islamic finance industry has grown substantially in Asia over the last 2 decades. The Muslim populations in different Asian countries, especially in Southeast Asia, are increasing. Rapid Muslim po...

by Akbar Komijani | On 27 Jul 2018

Portfolio Composition and Valuation Effects in Emerging Market Economies

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

by Ashima Goyal | On 25 Jul 2018

Climate-sensitive Decisions and Use of Climate Information: Insights from selected La Trinidad and Atok, Benguet Agricultural Producers

Valuing climate information is now an important discourse in mainstream economic thinking with the development of the von Neumann-Morgenstern utility hypothesis and of the refinement of decision theor...

by Celia M. Reyes | On 06 Jul 2018

School Participation of Children with Disability: The Case of San Remigio and Mandaue City, Cebu, Philippines

This paper is part of the joint project of the Philippine Institute for Development Studies (PIDS) and the Institute of Developing Economies looked into the school participation of children with disab...

by Adrian D. Agbon | On 03 Jul 2018

Lessons on Providing Cash Transfers to Disaster Victims: A Case Study of UNICEF’s Unconditional Cash Transfer Program for super typhoon Yolanda Victims

This paper describes and assesses the design of the UCT program. It evaluates the UCT based on data collected from three survey rounds from a sample of UCT household beneficiaries, as well as other pr...

by Celia M. Reyes | On 29 Jun 2018

Process Evaluation of the CHED K to 12 Adjustment Assistance Program

This paper evaluates the implementation of the Commission on Higher Education (CHED) K to 12 Adjustment Assistance Program, established following the full implementation of the Enhanced Basic Educatio...

by Alex Brillantes | On 29 Jun 2018

National Strategy for Artificial Intelligence

This strategy document is premised on the proposition that India, given its strengths and characteristics, has the potential to position itself among leaders on the global AI map – with a unique bran...

by Niti Aayog GOI | On 19 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

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

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

by Sayuri Shirai | On 07 Jun 2018

Special Economic Zones for Myanmar

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

by Amit K. Khandelwal | On 12 Apr 2018

Understanding Gendered Empowerment Through a Government-run Microfinance Programme: The case of Stree Shakti in Karnataka

The report indicated a widespread stagnation of women’s work participation in poorer districts, a narrowing of their work, income, prospects and opportunities, growing wage differentials between men a...

by Centre for Budget and Policy Studies CBPS | On 23 Mar 2018

Would UDAY Brighten Up Rajasthan Finances?

Ujwal DISCOM Assurance Yojana (UDAY) required number of State governments to take over debt of power distribution companies in their books of accounts. Though this one time intervention made both debt...

by Pinaki Chakraborty | On 19 Mar 2018

Rehabilitation of Child Labour in India Lessons Learnt from the Evaluation of NCLPs

The paper says that the children continue to form a sizeable section of the labour force in several fields of employment around the world.

by | On 13 Mar 2018

Budget 2018: Uttar Pradesh Budget Speech

The Finance Minister of Uttar Pradesh Mr. Rajesh Agarwal presented the budget for Uttar Pradesh, for the financial year 2018-19, on 16 February 2018. The total outlay for the year is Rs. 4,28,384.52 c...

by Ministry of Finance | On 12 Mar 2018

Measuring the Equilibrium Impacts of Credit: Evidence from the Indian Microfinance Crisis

In October 2010, the state government of Andhra Pradesh, India issued an emergency ordinance, bringing microfinance activities in the state to a complete halt and causing a nation-wide shock to the li...

by Emily Breza | On 10 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

Incentives Can Reduce Bias in Online Reviews

Online reviews are a powerful means of propagating the reputations of products, services, and even employers. However, existing research suggests that online reviews often suffer from selection bias—p...

by Ioana Marinescu | On 07 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

The Multilateral Legal Instrument: A Developing Country Perspective

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

by Suranjali Tandon | On 03 Mar 2018

Kerala’s Development Experience: Its Implications for Finance Commissions

This paper examines critically the awards of the recent Finance Commissions (FCs) in the specific context of the ongoing work of the Thirteenth Finance Commission (13FC).

by K.K. George | On 28 Feb 2018

Regaining the Constitutional Identity of the Finance Commission: A Daunting Task for the Thirteenth Commission

The paper argues that the Thirteenth Finance Commission has got to find its own track if it does not want to remain as a pale shadow of its constitutional self. It should ignore those terms of referen...

by K.K. George | On 28 Feb 2018

Microfinance and Women EmpowermentEmpirical Evidence from the Indian States

Microcredit is essentially utilised as the source of empowerment among the poor women in both rural and urban areas of the Indian states. Based on a panel of the Indian states for the period 2007 to...

by | On 27 Feb 2018

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

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

by M.A. Oommen | On 27 Feb 2018

India and Bhutan: The Strategic Imperative

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

by | On 20 Feb 2018

Budget 2018: Chhattisgarh Budget Speech

Budget presented Chhattisgarh Finance Minister.

by Finance Ministry Chhattisgarh | On 19 Feb 2018

Centre-State Relations, Finance Commissions and Kerala’s Fiscal Crisis

The paper takes a look at the past record of vertical transfers viz., transfers from the Centre to the States as a whole.

by K.K. George | On 16 Feb 2018

Karnataka Electricity Demand Forecasting FY17-22

A study was conducted to forecast the electricity consumption and demand for Karnataka (as seen by the utilities) for 2017-2022.

by Arijit Chanda | On 13 Feb 2018

Determinants of R&D Behavior of Foreign Firms in India

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

by Savita Bhat | On 13 Feb 2018

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

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

by Harinder Sekhon | On 12 Feb 2018

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

In the Long Run We are Dead, says Keynes Amen, says the Government!

This is a dreamy and populist Budget talking high numbers while missing out on empirical realities. The irony is that, looked at closely, it has neither pleased the free market theorists nor has it do...

by K.R. Shyam Sundar | On 09 Feb 2018

Financing Small and Medium Towns: An Action Research Study from Bemetara Town in India

This research project studied the emerging challenges of small and medium towns in India to improve their finances and provide good services to their inhabitants.

by Yogesh Kumar | On 02 Feb 2018

State of State Finances 2018

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

by Mandira Kala | On 01 Feb 2018

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

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

by Arun Jaitley | On 31 Jan 2018

China’s Development Finance to Asia: Characteristics and Implications

The paper ends with a discussion of the implications of possible shift in China's overseas development finance strategy since 2011.

by Oh Ah | On 31 Jan 2018

Green Paper on Farmers, Farming and Rural Economy: 4 Years… 4 Budgets: What has this Central Government Delivered?

most of the major policy measures promised by this government to the Indian farmers have not seen the light of the day. No social security measures have been taken for farmers above the age of 60 or...

by ASHA Kisan Swaraj Alliance | On 31 Jan 2018

Determinants and Consequences of Corporate Social Responsibility: Evidence from the Revision of the Company Act in India

The paper also indicate that the revision is effective to increase the eligible firms' profits by 3.5 percent, compared to the ineligible firms.

by Lee Woong | On 30 Jan 2018

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

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

by Chanchal Kumar Sharma | On 22 Jan 2018

The National Bank for Agriculture and Rural Development (Amendment) Bill, 2017

A Bill further to amend the National Bank for Agriculture and Rural Development Act, 1981. Be it enacted by Parliament in the Sixty-eighth Year of the Republic of India as follows: This Act may be ca...

by Lok Sabha Secretariat | On 09 Jan 2018

The Regularization of Street Vending in Bhubaneshwar, India: A Policy Model

The papers says that police and municipal inspectors would persistently harass the vendors by threatening them and confiscating their merchandise.

by Randhir Kumar | On 05 Jan 2018

Technology Transfer & Intellectual Property Rights

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

by Linsu Kim | On 27 Dec 2017

Response of Firms to Listing: Evidence from SME Exchanges

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

by | On 11 Dec 2017

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

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

by World Bank [WB] | On 08 Dec 2017

PPP Infrastructure Finance: An Empirical Evidence from India

Financing of infrastructure is vital for the creation and maintenance of adequate infrastructure. The present paper has attempted to analyse various infra financing methods practised in India, namely,...

by | On 04 Dec 2017

Relationship Between Fiscal Deficit Composition and Economic Growth in India: A Time Series Econometric Analysis

High and persistent fiscal deficit is one of the major macroeconomic problems in India since the mid-1980s. Fiscal consolidation is in the forefront of policy discussion in India not only at present b...

by | On 04 Dec 2017

Graduation Incentives Through Conditional Student Loan Forgiveness

The paper evaluates a Finish student financing reform which created substantial financial incentives for on-time graduation, and had the side effect of turning expected nominal interest rates on stude...

by Ulla Hämäläinen | On 01 Dec 2017

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

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

by Syed Ahmed | On 20 Nov 2017

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

Socially Disadvantaged Groups and Microfinance in India

About two-thirds of microfinance clients in India are reported to be in Self-Help Groups (SHGs). These mostly women’s groups have been promoted by nationalized banks since the early nineties to improv...

by | On 08 Nov 2017

Socially Disadvantaged Groups and Micro-finance in India

About two-thirds of microfinance clients in India are reported to be in Self-Help Groups (SHGs). These mostly women’s groups have been promoted by nationalized banks since the early nineties to improv...

by Jean-Marie Baland | On 06 Nov 2017

Labour Regulations in India: Rationalising the Laws Governing Wages

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

by Anwarul Hoda | On 01 Nov 2017

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

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

by Shahid Raza | On 31 Oct 2017

Remittances for Growth: Initiatives for Remitters and Remittances

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

by Atiq Rehman | On 30 Oct 2017

New Issues Puzzle: Experience from Karachi Stock Exchange

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

by Henna Malik | On 30 Oct 2017

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

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

by Faheem Jehangir Khan | On 27 Oct 2017

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

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

by Afia Malik | On 25 Oct 2017

BRICS AND Illicit financial flows

There is a growing sense of anguish among the citizens across the world with the increasing number of public disclosures exposing how a small group of global elite (individuals as well as MNCs) have b...

by | On 25 Oct 2017

Remittances and Exchange Rate Linkages: Experiences of Nepal

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

by Bhubanesh Pant | On 09 Oct 2017

Relationship between Financial Literacy and Behavior of Small Borrowers

The analysis showed that the relationship of financial literacy of small borrowers was significant with their financial attitude and behavior.

by Ramesh Chaulagain | On 06 Oct 2017

Optimal Inflation Rate for Nepal

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

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

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

Non-Performing Assets in Indian Banks: This Time it is Different

Growing non-performing assets is a recurrent problem in the Indian banking sector. Over the past two decades, there have been two such episodes when the banking sector was severely impaired by balance...

by Rajeswari Sengupta | On 18 Sep 2017

Public Health Innovation and Intellectual Property Rights

The World Health Organization considered that its mission demanded it should play a part in this debate, with the objective of illuminating how intellectual property rights might affect public health...

by World Health Organisation (WHO) | On 14 Sep 2017

Livelihoods, Conservation and Forest Rights Act in a National Park: An Oxymoron?

The paper suggests certain measures to reduce the conflicts across conservation, livelihoods and forest rights. National Parks in India are highly vulnerable due to excessive pressure on their ecosyst...

by Subhashree Banerjee | On 07 Sep 2017

Evaluation of Fiscal Incentives in the Philippines

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

by Danileen Kristel C Parel | On 04 Sep 2017

Incentivising Domestic Manufacturing for a Sustainable Solar Industry

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

by Mohd. Ali | On 29 Aug 2017

Transformation Pathways And Investment Needs For The MultiPurpose Agricultural Sector

To meet the challenges of the 2030 Agenda for Sustainable Development, agricultural and food systems requires fundamental changes. The FAO, the IFAD and the WFP (2015) estimate that around 60% of the...

by Marie-Hélène Schwoob | On 23 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

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

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

by Arpita Mukherjee | On 08 Aug 2017

Scarcity at the End of the Month: First Results from a Field Experiment in Bangladesh

This paper reports results of a ?eld experiment designed to test how the timing of wage payments a?ects consumption and ?nancial behaviors. Salaried employees in a large manufacturing ?rm were paid a...

by Emily Breza | On 07 Aug 2017

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

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

by Securities Board of India | On 04 Aug 2017

Measuring Women’s Self-Help Group Performance in India

Women’s SHGs increasingly facilitate the decentralized delivery of agriculture and nutrition interventions around the world. Since their origins in the microfinance revolution of the 1980s, SHGs i...

by | On 04 Aug 2017

What is Causing Radicalism in the MENA?

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

by Fadi Farasin | On 03 Aug 2017

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

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

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

Strengthening the Governance for Effective Tobacco Control in India

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

by Dr. Upendra Bhojani | On 01 Aug 2017

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

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

by Noah Kaufman | On 28 Jul 2017

Sanitation Tool Compendium

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

by Shramana Dey | On 27 Jul 2017

The Corporate Social Responsibility Act in India: An Early Assessment

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

by Sangeeta Bansal | On 27 Jul 2017

Gender Equality Results Case Study: Bangladesh - Small and Medium-Sized Enterprise Development Project

The report narrates that in Bangladesh, women-owned SMEs have different characteristics when compared with men-owned SMEs and tend to face specific challenges and obstacles.

by Asian Development Bank Institute | On 25 Jul 2017

Gender Equality Results Case Study: Nepal - Community-Based Water Supply and Sanitation Sector Project

The project developed a gender, caste, and ethnicity (GCE) strategy that sought to ensure the participation of women and ethnic minorities in decision-making processes, as well as their increased repr...

by Asian Development Bank Institute | On 25 Jul 2017

East Asia Department Knowledge Management Initiatives in 2014

This annual publication showcases the results of knowledge management initiatives of the East Asia Department of the Asian Development Bank in 2014.

by Asian Development Bank Institute | On 24 Jul 2017

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

This report takes stock of how AfT has contributed to these trends and considers some constructive ways to move forward, to continue to address trade costs in Asia and the Pacific.

by Asian Development Bank Institute | On 17 Jul 2017

Assessing Financial Protection against Disasters: A Guidance Note on Conducting a Disaster Risk Finance Diagnostic

The purpose of this note is to help development practitioners gather relevant information, conduct analysis, and present both in a standardized diagnostic framework. In addition to the guidance note i...

by Asian Development Bank Institute | On 14 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

Financial Soundness Indicators for Financial Sector Stability in Georgia

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

by Asian Development Bank Institute | On 07 Jul 2017

Gender Mainstreaming Case Study: Sri Lanka - North East Coastal Community Development Project and Tsunami-Affected Areas Rebuilding Project

This case study looks at the gender dimensions of two projects that focus on the community development component that advocated community participation, social inclusion, and gender equality in commun...

by Asian Development Bank Institute | On 05 Jul 2017

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

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

by Asian Development Bank Institute | On 04 Jul 2017

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

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

by Asian Development Bank Institute | On 04 Jul 2017

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

Timor-Leste: Development Effectiveness Brief

The report narrates that the related technical assistance has focused on infrastructure management, financial and private sector development, preparations for regional economic integration, and region...

by Asian Development Bank Institute | On 23 Jun 2017

Thailand: Industrialization and Economic Catch-Up

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

by Asian Development Bank Institute | On 20 Jun 2017

The Asian Bond Markets Initiative: Policy maker achievements and challenges

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

by Asian Development Bank Institute | On 15 Jun 2017

Disaster-Resilient Microfinance: Learning from Communities Affected by Typhoon Haiyan

The report sets out the experience, analysis and conclusions of VisionFund International and their Philippine microfinance operation Community Economic Ventures Incorporated (CEVI). This analysis foll...

by Asian Development Bank Institute | On 09 Jun 2017

Papua New Guinea: Development Effectiveness Brief

This report narrates that ADB has scaled up its assistance to Papua New Guinea for power infrastructure, with an emphasis on clean energy solutions, in line with the government’s prioritization of pow...

by Asian Development Bank Institute | On 08 Jun 2017

Innovative Strategies in Higher Education for Accelerated Human Resource Development in South Asia: Sri Lanka

This report presents current arrangements and initiatives in the country’s skills development strategies. These are complemented by critical analyses to determine key issues, challenges, and opportuni...

by Asian Development Bank Institute | On 06 Jun 2017

Incentives for Reducing Disaster Risk in Urban Areas

The rapid growth of urban areas has often resulted in the siting of poorly designed infrastructure and assets in hazard-prone areas, increasing disaster risk.

by Asian Development Bank Institute | On 05 Jun 2017

ASEAN Corporate Governance Scorecard Country Reports and Assessments 2014

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

by Asian Development Bank Institute | On 05 Jun 2017

Judicial Review and Money Bills

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

by Pratik Datta | On 26 May 2017

Safety and Intelligent Transport Systems Development in the People’s Republic of China

This report identifies factors which contribute to collisions that can be addressed by intelligent transport systems technologies in the People’s Republic of China. It examines opportunities for estab...

by Asian Development Bank Institute | On 24 May 2017

Tajikistan: Promoting Export Diversification and Growth

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

by Asian Development Bank Institute | On 24 May 2017

Bangladesh: Consolidating Export-led Growth - Country Diagnostic Study

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

by Asian Development Bank Institute | On 23 May 2017

Financing Asian Irrigation: Choices Before Us

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

by Asian Development Bank Institute | On 19 May 2017

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: Hong Kong, China

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

by Asian Development Bank Institute | On 11 May 2017

Asian Economic Integration Report 2016

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

by Asian Development Bank Institute | On 10 May 2017

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

Bangladesh: Development Effectiveness Brief 2017

The project has dramatically changed the life of Rabeya Sultana, chair of the women-led slum improvement committee formed under the project in Cox's Bazar. "Managing people and money gave me more co...

by Asian Development Bank Institute | On 08 May 2017

Sustainable Land Management in Asia: Introducing the Landscape Approach

This paper introduces that the landscape approach has provided a platform for a wide-ranging discussion about these issues, but has simultaneously opened up the opportunity for a discussion about su...

by Asian Development Bank Institute | On 08 May 2017

The Long Road Ahead: Status Report on the Implementation of the ASEAN Mutual Recognition Arrangements on Professional Services

In the report there has been progress primarily in two areas: (1) the creation of implementing offices and bodies at the regional and national levels as outlined in the MRAs; and (2) the incorporation...

by Dovelyn Rannveig Mendoza | On 05 May 2017

Asia Bond Monitor - March 2017

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

by Asian Development Bank Institute | On 05 May 2017

The Emerging Indonesian Data Center Market And Energy Efficiency Opportunities

This study contributes to a growing body of research demonstrating that adoption of internationally available and well-proven energy efficiency measures can improve the effectiveness, sustainability...

by Asian Development Bank Institute | On 04 May 2017

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

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

by Subrata Sarkar | On 03 May 2017

Macroeconomic Impact of Demonetisation-A Preliminary Assessment

Demonetisation announced on November 8, 2016 was aimed at addressing corruption, black money, counterfeit currency and terror financing. Although demonetisation holds huge potential benefits in the me...

by Reserve Bank of India RBI | On 15 Mar 2017

Unexplored “Bill of Rights” : A Magna Carta for Gender Justice and Budgeting in India

This paper explores the “Bill of Rights” in the Justice Verma Committee Report as an analytical framework for gender budgeting in justice. Gender budgeting in justice, as a public good, needs effectiv...

by Lekha Chakraborty | On 03 Mar 2017

Indian Roots, American Soil: A survey of Indian companies' state-by-state operations in the United States

Every year, the Confederation of Indian Industry (CII) undertakes a survey of Indian companies operating in the United States to discern their growing presence. Previous studies over the last three ye...

by | On 21 Feb 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

Assam Budget: 2017-18

The Finance Minister of Assam , MrHimanta Biswa Sarma presented the Budget for Assam for financial year 2017-18 on February 7, 2017.

by Government of Assam | On 09 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

Improving Farmers’ Income and Employment through Budget 2017

The 2017 Budget would be special in two ways – first, it would be presented by Finance Minister on 1st February, 2017. Usually, it was presented in the last week of February each year. It will give...

by Amarnath Tripathi | On 25 Jan 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

Children 's Protein Consumption in Southeast Asia: Consideration of Quality as Well as Quantity of Children 's Protein Consumption in Southeast Asia

Inadequate dietary intake and prolonged undernourishment can lead to short term and long term consequences, which can deplete financial, physical, and social capital, further exacerbating the cycle of...

by | On 18 Jan 2017

Securing Property Rights in India Through Distributed Ledger Technology

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

by | On 11 Jan 2017

Role of Foreign Direct Investment in India: An Analytical Study

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

by | On 04 Jan 2017

Demonetization, the Cash Shortage and the Black Money

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

by Ashok K. Lahiri | On 02 Jan 2017

Modelling Corporate Sector Distress in India

The paper attempts to formulate a model to predict corporate financial distress of non-government non-financial public limited companies and estimate distressed bank debt due to the sample companies...

by Manjusha Senapathi | On 27 Dec 2016

Vital Stats: Parliament functioning in the Winter Session 2016

Winter Session 2016 has been one of the least productive sessions for both Houses in the last 15 years, with repeated disruptions on the issue of demonetisation of currency. While eight Bills were int...

by Kusum Malik | On 19 Dec 2016

Technology for Transformation

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

by Bill Gates | On 30 Nov 2016

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

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

by | On 24 Nov 2016

Nurse Migration: The Asian Perspective

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

by | On 24 Nov 2016

Demonetisation: Impact on the Economy

The argument posited in favour of demonetisation is that the cash that would be extinguished would be “black money” and hence, should be rightfully extinguished to set right the perverse incentive s...

by | On 17 Nov 2016

Parliament Session Alert Winter Session: November 16 – December 16, 2016

Lok Sabha and Rajya Sabha will meet for the Winter Session between November 16 and December 16, 2016. There will be a total of 22 sittings. The agenda for legislation includes ten Bills for consider...

by Kusum Malik | On 14 Nov 2016

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

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

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

State of State Finances

Finances of states have been changing due to (i) increased devolution of central taxes, (ii) rationalisation of the Centrally Sponsored Schemes, (iii) the introduction of the UDAY scheme, and (iv) the...

by Arvind Gayam | On 09 Nov 2016

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

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

by | On 28 Oct 2016

Ease of Doing Business

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

by | On 28 Oct 2016

Doing Business

Against the backdrop of the global financial and economic crisis, policy makers around the world took steps in the past year to make it easier for local firms to start up and operate. This is importan...

by World Bank [WB} | On 27 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

The Transgender Persons (Protection of Rights) Bill, 2016

To provide for protection of rights of transgender persons and their welfare and for matters connected therewith and incidental thereto. [Standing Committee on Social Justice and Empowerment unde...

by Parliamentary Research Service PRS | On 13 Oct 2016

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

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

by | On 12 Oct 2016

Two Centuries of Finance and Growth in the United States, 1790-1980

Do efficient financial markets and institutions promote economic growth? Have they done so in the past? This essay, to be included in the Handbook of Finance and Development (edited by Thorsten Beck a...

by Howard Bodenhorn | On 22 Sep 2016

A Vision for the Least Developed Countries Fund in a Post-Paris Climate Regime

The 48 Least Developed Countries (LDCs) are the only country grouping to have a dedicated article in the UN Framework Convention on Climate Change (UNFCCC). Article 4.9 commits all parties to the conv...

by | On 22 Sep 2016

How Can India Help Prevent Food Price Volatility?

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

by M. S. Swaminathan | On 02 Sep 2016

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

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

by Alan Gelb | On 01 Sep 2016

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

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

by | On 30 Aug 2016

Encouraging Women to be Entrepreneurs

There are many states in India which have high number of women entrepreneurs. There are states which have many policies to encourage women entrepreneurs.

by Lakshmi Priya | On 30 Aug 2016

The Biotechnology Regulatory Authority of India (BRAI) Bill 2013: A Threat to our Food and Farming

The primary purpose of this policy brief is to expose the dangerous aspects of the Bill before Parliamentarians who must consider the potential harms to be caused by this Bill to our food and farming...

by Shubhi Sharma | On 30 Aug 2016

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

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

by | On 29 Aug 2016

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

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

by World Bank [WB] | On 25 Aug 2016

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

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

by | On 24 Aug 2016

Credit Surety Fund: A Credit Innovation for Micro, Small, and Medium-Sized Enterprises in the Philippines

Micro, small, and medium-sized enterprises are a backbone of the Philippine economy. One factor that hinders the growth of these enterprises is their difficulty in accessing finance from banks and o...

by Gary V Maningo | On 19 Aug 2016

Vital Stats: Parliament during Monsoon Session 2016

The Monsoon Session of Parliament concluded on August 12, 2016. The session had 20 sittings, during which various Bills were passed, including a Constitutional Amendment Bill enabling the levy of a G...

by Kusum Malik | On 16 Aug 2016

Feeding Climate Change: What the Paris Agreement Means for Food and Beverage Companies

This paper presents new data commissioned from the research consultancy CE Delft on the greenhouse gas emissions footprints and water scarcity footprints of major food commodities. The data demonstrat...

by Oxfam International | On 16 Aug 2016

The Maternity Benefit (Amendment) Bill, 2016

A Bill to further amend the Maternity Benefit Act, 2016. The 44th session of Indian Labour Conference, has recommended for enhancing maternity leave under Maternity Benefit Act, 1961 from existing twe...

by Ministry of Labour and Employment GoI | On 12 Aug 2016

The National Medical Commission Bill, 2016, Draft

The Preliminary Report and the draft National Medical Commission Bill, 2016 is placed for seeking public opinion. Please send comments/suggestions/feedback on the draft bill latest by 31st August, 201...

by Niti Aayog GOI | On 11 Aug 2016

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

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

by Cecilia Olivet | On 10 Aug 2016

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

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

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

by | On 05 Aug 2016

First Discussion Paper on Goods and Services Tax in India

If the Value Added Tax (VAT) is considered to be a major improvement over the pre-existing Central excise duty at the national level and the sales tax system at the State level, then the Goods and Ser...

by Government of India | On 05 Aug 2016

Tobacco Regulation and Cost-Benefit Analysis: How Should we Value Foregone Consumer Surplus?

This paper outlines the history of the FDA’s recent attempts to regulate cigarettes and other tobacco products and how they have valued foregone consumer surplus in cost-benefit analyses. It discusses...

by Helen Levy | On 03 Aug 2016

South-South Migration and Remittances

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

by | On 27 Jul 2016

Distributional Effects of Means Testing Social Security: Income Versus Wealth

This paper compares Social Security means tests that would reduce benefits for recipients who fall in the top quarter of the income distribution with means tests aimed at those in the top quarter of t...

by Alan Gustman | On 20 Jul 2016

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

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

by | On 19 Jul 2016

Reimagining India’s Urban Future: A Framework for Securing High-Growth, Low-Carbon, Climate-Resilient Urban Development in India

This paper reviews the current state of the literature on Indian urbanization to analyze existing urban development trajectories at the state level in order to understand the challenges Indian cities...

by Meenu Tewari | On 15 Jul 2016

Understanding the BRICS Evolving Influence and Role in Global Governance and Development

The BRICS Summit process was inaugurated in 2009 as a signal that the global governance system of the future would need to be constituted to reflect a politically diverse, multipolar world. At this...

by | On 15 Jul 2016

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

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

by | On 14 Jul 2016

Reaping India’s Promised Demographic Dividend

India is expected to become one of the most populous nations by 2025, with a headcount of around 1.4 billion1. The country’s population pyramid is expected to “bulge” across the 15–64 age bracket over...

by | On 11 Jul 2016

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

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

by Subrata Sarkar | On 11 Jul 2016

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

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

by Jayati Sarkar | On 09 Jul 2016

Indonesian Labor Migrants in Malaysia: A Study from China

Malaysia is now a major receiving country with estimated over 2 million migrant workers. Such large inflow was caused by scarcity of jobs in plantation, construction and domestic growth. Migrant worke...

by | On 08 Jul 2016

Impact of Independent Directors’ Resignations on Firm’s Governance

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

by Preet Singh | On 05 Jul 2016

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

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

by Sumon Kumar Bhaumik | On 27 Jun 2016

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

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

by Michael Jetter | On 27 Jun 2016

Factors Determining the Roles Board Members Play in Firms

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

by Chitra Singla | On 27 Jun 2016

Budget Speech Jammu and Kashmir: 2016-17

The Finance Minister of Jammu and Kashmir, Mr. Haseeb A. Drabu, presented the Budget for Jammu and Kashmir for financial year 2016-17 on May 30, 2016.

by Hasseeb A. Drabu | On 13 Jun 2016

Role of Finance with a Special Focus on Microfinance in Enhancing Clean Energy Access

A number of initiatives have been taken by the government as well as the private sector to address the challenge of energy access in India. In this context, WWF-India conducted a study to measure/asse...

by | On 09 Jun 2016

Market for Corporate Control and Takeover Regulations: Trends and Analysis

Optimising wealth creation and management is the new game that the corporate leaders across the continents have to play with pragmatism, sagacity and dexterity. Slow movers, lower performers, standa...

by | On 06 Jun 2016

Indicators for Monitoring the Millennium Development Goals

The present handbook is designed to provide United Nations country teams and national and international stakeholders with guidance on the definitions, rationale, concepts and sources of the data for t...

by United Nations (UN) | On 27 May 2016

Impact of Social Risks on Indian Businesses

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

by Oxfam India | On 27 May 2016

Organised Forest-Farm Producers Mitigate Climate Change Through Adaptive Resilience

Climate mitigation programmes and finance mechanisms like Reducing Emissions from Deforestation and Forest Degradation (REDD+) must engage millions of forest farmers if they are to halt deforestation...

by Jeffrey Campbell | On 25 May 2016

Achieving More Together: Empowered Forest and Farm Producer Organizations

Getting organized puts smallholders in charge. Through farmers groups, cooperatives and networks, forest and farm producers can help each other not only through marketing advantages and access to fina...

by Jeffrey Campbell | On 25 May 2016

Sustainable Consolidation: Suggesting the Way Ahead for Kerala

The paper examines the fiscal scene of Kerala, during the last one and a half decades, by looking at the trends in receipts and expenditure. It finds that a revenue led fiscal consolidation is the w...

by T.M. Thomas Issac | On 20 May 2016

Tamil Nadu: Analysis of Criminal Background, Financial, Education, Gender and other details of Candidates

This report provides an analysis about the financial, criminal and other backgrounds of the candidates contesting in the Tamil Nadu Assembly Elections.

by Association for Democratic Reforms ADR | On 19 May 2016

Vital Stats: Parliament Functioning in Budget Session 2016

The Budget Session 2016 was scheduled from February 23 to March 16, and from April 25 to May 13, 2016. However, during the recess period, Parliament was prorogued to allow the government to issue an...

by Kusum Malik | On 17 May 2016

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

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

by Kusum Malik | On 17 May 2016

Philippines’ Next President: Implications for ASEAN

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

by Mely Caballero-Anthony | On 16 May 2016

Economic Incentives for the Conservation of Bharathapuzha River: Focus on Sand Mining

Rivers in Kerala are assailed by pollution, sedimentation, sand mining, and constriction of flows. The indiscriminate and unscientific sand mining, even in the midst of many regulatory and protective...

by Lakshmi Sreedhar | On 04 May 2016

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

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

by Lok Sabha Secretariat | On 03 May 2016

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

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

by | On 02 May 2016

Foreign Exchange Markets, Intervention and Exchange Rate Regimes

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

by Ashima Goyal | On 02 May 2016

Analyzing the Impact of Global Financial Crisis on the Interconnectedness of Asian Stock Markets using Network Science

This study shows how 13 important stock markets in Asia namely, India, Bangladesh, Philippines, China, Japan, Indonesia, Malaysia, Singapore, Hong Kong, Pakistan, South Korea and Thailand...

by | On 02 May 2016

Impact of Trilemma Indicators on Macroeconomic Policy: Does Central Bank Independence Matter?

This paper shows that the institutional changes such as Inflation Targeting (IT) helps lower inflation without depending upon the level of Central Bank Independence (CBI) in a country as is suggested...

by | On 02 May 2016

Reassessing Exchange Rate Overshooting in a Monetary Framework

This paper revisits the Dornbusch exchange rate overshooting in a different model setting.

by Taniya Ghosh | On 02 May 2016

Weathering the Storm: Ownership Structure and Performance of Microfinance Institutions in the Wake of the Global Financial Crisis

This study investigates the effects of the 2008 global financial crisis on the performance of different microfinance ownership types. The analysis in this study relies on a novel methodological frame...

by Mahinda Wijesiri | On 02 May 2016

A SVAR Approach to Evaluation of Monetary Policy in India

This paper rediscovers the efficacy of K&R contemporaneous restriction (customized for the Indian economy which is a developing G20 nation unlike advanced G6 nations that K&R worked wi...

by | On 02 May 2016

Tamil Nadu: State Income Report

This government report provides information about the state income of Tamil Nadu

by Tamil Nadu Government | On 29 Apr 2016

Issues in SME Financing

This study has been undertaken to examine the maladies and conceivable remedies that associate with Small and Medium Enterprises and related establishments in India. The researcher uncovers a myriad o...

by | On 29 Apr 2016

Questions and Answers on the European Commission Communication: The Paris Protocol – A Blueprint for Tackling Global Climate Change beyond 2020

The Communication sets out the EU's vision for a transparent and dynamic, legally binding United Nations climate change agreement that sets the world on a pathway to prevent global warming from reachi...

by European union | On 26 Apr 2016

Elderly in India

Population ageing has profound social, economic and political implications for a country. The increasing number of older persons put a strain on health care and social care systems in the country. O...

by Ministry of Statistics and Prog Implementation (MOSPI) | On 25 Apr 2016

State Finances: A Study of Budgets of 2015-16

Empirical findings across a swathe of countries, advanced and emerging, confirm that the composition of government expenditure can have perceptible growth implications.

by Reserve Bank of India RBI | On 12 Apr 2016

Budget Speech Uttarakhand: 2016-17

Budget speech of Uttarakhand finance minister.

by Finance Minister Uttarakhand | On 30 Mar 2016

Minimum Wage Setting Practices in Domestic Work: An Inter-State Analysis

The aim of the study is to do a comparative analysis of the states that have notified minimum wages for domestic workers with a view to draw lessons from their experiences. The experiences of various...

by Neetha N | On 23 Mar 2016

Budget Speech Uttar Pradesh: 2016-17

Budget speech of the finance minister of Uttar Pradesh.

by Uttar Pradesh Government UP | 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

Budget Speech Odisha Part II: 2016-17

Part II of the Budget speech of the finance minister.

by Pradip Kumar Amat | On 21 Mar 2016

Problems and Possible Solutions For Better Traffic Management: A Case Study of Vadodara-Ahmedabad Section of National Highway Eight

Efficient traffic management on the National Highways (NHs) is very essential in the country. The present NH system that evolved over the years has a number of deficiencies. The basic objective of the...

by Haribandhu Panda | On 20 Mar 2016

Review and Compendium of Environmental Policies and Laws in Bhutan

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

by Antonia Gawel | On 18 Mar 2016

Money Matters Local Government Finance in the People's Republic of China

Public finance systems in the People’s Republic of China (PRC) have evolved substantially over the last three decades. The evolution is continuing, with wide-ranging reforms in budget and debt managem...

by Asian Development Bank Institute | On 18 Mar 2016

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

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

by Saikat Datta | On 17 Mar 2016

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

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

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

Growing Inclusive Businesses in the Philippines: The Role of Government Policies and Programs

Inclusive business (IB) is a private sector approach to providing goods, services, and livelihoods on a commercially viable basis, either at scale or scalable, to people at the base of the pyramid by...

by Roehlano M. Briones | On 14 Mar 2016

The Housing Market and Housing Policies in Japan

Housing policies in Japan after World War II were focused on the quantitative supply of houses with a wide range of targeted groups and public rental houses. The Japan Housing Corporation (now the Urb...

by Masahiro Kobayashi | On 14 Mar 2016

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

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

by Panchanan Das | On 14 Mar 2016

Dependence of States on Central Transfers: Aggregate and State-wise Analysis

This paper examines the dependence of states on central fiscal transfers. It particularly focuses on the role of transfers through tax devolution under the recommendation of the Finance Commissions. T...

by D K Srivastava | On 13 Mar 2016

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

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

by Sreejata Banerjee | On 13 Mar 2016

North Korea: Nukes, Nationalism & Negotiations

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

by Sangsoo Lee | On 12 Mar 2016

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

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

by | On 12 Mar 2016

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

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

by Sangsoo Lee | On 12 Mar 2016

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

Blurring the Lines: Strategic Deception and Self-Deception in Markets

Building on the results of a participant observation in a Chinese IT-sector company located in the northern part of China, this paper aims to clarify the nature of deception in markets. Contrary to th...

by | On 09 Mar 2016

Challenges for Urban Local Governments in India

The findings of this study show that urban local governments in India continue to remain plagued by numerous problems, which affect their performance in the efficient discharge of their duties. These...

by Rumi Aijaz | On 09 Mar 2016

Fiscal Austerity and Public Investment: Is the Possible the Enemy of the Necessary?

In most rich democracies one finds a tendency for the share in public finance that is available for discretionary spending to shrink. This is because tax revenues do not keep pace with simultaneous in...

by | On 08 Mar 2016

Economic Nationalism, Network-based Coordination, and the Market for Corporate Control Motives for Political Resistance to Foreign Takeovers

Why does political resistance to foreign takeovers vary across countries and over time? Rational choice accounts of economic nationalism fail to provide an answer. The present article proposes an inst...

by | On 08 Mar 2016

Corruption, a Threat to Human Development

Bribery by companies when doing business abroad is a significant form of corruption, and is particularly serious when vital sectors of a nation’s economy and public services are involved. In a recent...

by S. Rajaratnam International Studies | On 02 Mar 2016

Design of Economic Instruments and Participatory Institutions for Environmental Management in India

This paper examines the possibilities of using economic instruments, especially pollution taxes and bargaining approaches resulting in people’s participation for environmental management in India. It...

by M.N. Murty | On 02 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

Madhya Pradesh Budget Analysis 2016-17

The Madhya Pradesh Finance Minister, Mr. Jayant Mallayya, presented the Budget for Madhya Pradesh for the financial year 2016-17 on February 26, 2016.

by Arvind Gayam | On 01 Mar 2016

Access to Nutrition Index: Global Index 2016

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

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

Budget for Children 2016-2017: Not Even Halfway through its Demographic Dividend

The share of children in the Union Budget 2016-17 goes up to 3.32% showing a slight increase from 3.26% in the last years Budget 2015.

by HAQ Centre for Child Rights HAQCRC | On 01 Mar 2016

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

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

by Toshiyuki Shimada | On 29 Feb 2016

Joining Pre-existing International Production Networks: Implications for India’s Economic Integration to East Asia

This study provides a conceptual framework to explain what kinds of difficulties a late-follower will suffer from when it tries to join pre-existing International Production Networks (IPNs). We consid...

by Jeongmeen Suh | On 29 Feb 2016

GEF India Enabling Transformations

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

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

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

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

by Indira Masullo | On 29 Feb 2016

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

10th CII Corporate Governance Summit

The role of media in corporate governance, role of board of directors, stakeholders' response to news media coverage of corporate governance and the challenges of managing information risk in the digi...

by U.K. Sinha | On 28 Feb 2016

The Green Climate Fund: An Opportunity to Rationalise Climate Finance?

Is the new Green Climate Fund (GCF) set to be yet another unwieldy addition to the climate finance web? While the form of the GCF, and its functions, has yet to be fully determined, it has been framed...

by Sofiah Jamil | On 27 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

Financing of Urban Local Bodies in India

The rising level of urbanisation in India draws attention to inadequate infrastructure levels in urban areas. While many factors play a role in infrastructure development, this paper examines the fina...

by Charan Singh | On 27 Feb 2016

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

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

by Feng Yin | On 26 Feb 2016

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

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

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

by Ehtisham Ahmad | On 26 Feb 2016

Social Innovation: A Guide to Achieving Corporate and Societal Value

As a central effort in the Global Challenge Initiative on Economic Growth and Social Inclusion, this is a “how to guide” for companies to create social and business value. Drawn from a series of works...

by World Economic Forum [WEF] | 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

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

Trade Liberalization under New Realities

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

by Syed Ali | On 25 Feb 2016

The US and Myanmar: Moving into a New Phase

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

by | On 24 Feb 2016

Scaling Up Carbon Finance in India

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

by World Bank | On 24 Feb 2016

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

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

by Prakash Nelliyat | On 23 Feb 2016

Parliament Session Alert-Budget Session: February 23 – May 13, 2016

The Budget Session of Parliament will be held between February 23, 2016 and May 13, 2016. The session will have a recess from March 17 to April 24, when the Standing Committees will examine the Dema...

by Kusum Malik | On 23 Feb 2016

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

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

by Ben Shepherd | On 22 Feb 2016

Tamil Nadu Interim Budget Speech 2016-2017

Budget speech by the Hon’ble Minister for Finance and Public Works, Government of Tamil Nadu

by O Panneerselvam | On 22 Feb 2016

Deepening Association of Southeast Asian Nations’ Financial Markets

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

by Choong Lee | On 21 Feb 2016

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

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

by Maria Pinglo | On 21 Feb 2016

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

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

by Michael Gestrin | On 19 Feb 2016

Mass housing requires mass housing finance

In this lecture Marja Hoek Smit argues that housing finance is critical to solve the housing problem, increasing, as it does, the number of households that can afford to acquire a house in the formal...

by | On 19 Feb 2016

China’s Outbound Investment: The US Experience

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

by Mark Feldman | On 19 Feb 2016

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

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

by Angela Cummine | On 19 Feb 2016

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

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

by Alan Fels | On 19 Feb 2016

China’s Rising Outbound Investment: Trends And Issues

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

by Mei Wang | On 19 Feb 2016

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

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

by Rizwana Siddiqui | On 18 Feb 2016

Enhancing Forage Integration And Access For Smallholder Livestock Production

In the upland areas of Southeast Asia, most smallholder farmers keep animals. Buffalo provide a traditional source of draught power for land preparation or transport, and animal manure is often used t...

by Research Consultative Group on International Agricultural | On 18 Feb 2016

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

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

by Abdul Qayyum | On 17 Feb 2016

Methods for Identifying Low Emissions Development Options for Agriculture

Low emissions development strategies (LEDS) are national economic and social development plans that promote sustainable development while reducing GHG emissions. While LEDS programs have helped to mai...

by Sonja Vermeulen | On 17 Feb 2016

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

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

by | On 16 Feb 2016

Towards a Transboundary Haze-Free ASEAN by 2020: Prevention and Collaboration

This commentary discusses the importance of preventive and preparedness actions and inclusive participatory collaboration with all stakeholders to sustain the efforts of a transboundary haze-free ASEA...

by | On 16 Feb 2016

State and Region Public Finances in Myanmar

This paper focuses on understanding the role of state and region governments in relation to Myanmar's public finances. This has been done to take stock of existing research, better understand the comp...

by The Asia Foundation | On 16 Feb 2016

Exchange Market Pressure and Monetary Policy: Evidence from Pakistan

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

by M. Idrees Khawaja | On 16 Feb 2016

National Finance Commission Awards in Pakistan: A Historical Perspective

This study explores the evolution of fiscal resource distribution in Pakistan. Pakistan is a federation comprising four provinces, federally administered areas, and the Islamabad Capital Territory. Be...

by Iftikhar Ahmed | On 16 Feb 2016

Financial Globalization in Emerging Countries: Diversification vs. Offshoring

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

by Francisco Ceballos | On 16 Feb 2016

The World Bank and the Asian Development Bank: Should Asia Have Both?

The World Bank and the Asian Development Bank (ADB) face three sets of challenges: those that are common to others in the official development finance community; those that are common to the World Ban...

by Vikram Nehru | On 16 Feb 2016

Global Implications of the Renminbi’s Ascendance

This paper evaluates the prospects for the renminbi’s role as an international currency and the implications for global financial markets. Although the People’s Republic of China (PRC) does not have e...

by Eswar Prasad | On 16 Feb 2016

Impact Assessment of Bangladesh Bank's Re-finance Scheme for Financing Agricultural & Non-farm Rural Borrowers of Bangladesh Krishi Bank and Rajshahi Krishi Unnayan Bank

The main objective of this study report is to find out the impact(s) of the refinance scheme of Bangladesh Bank (BB) through comparing the economic well-being of the target group people who have taken...

by Md. Julhas Uddin | On 15 Feb 2016

Mainstreaming Children in the Union Budget 2016-17: The ‘Mantra’ of Inclusive Development

in order to ensure the inclusion and social security of children, the Central government must pay attention to the concerns raised by Sates and the upcoming Union Budget must include some of the point...

by Kumar Shailabh | On 15 Feb 2016

Recent Experiences in the Foreign Exchange and Money Markets

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

by Md. Habibur Rahman | On 15 Feb 2016

Foreign Direct Investment: Impact on Sectoral Growth in Bangladesh

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

by Iftekhar Ahmed Robin | On 15 Feb 2016

Monetary Policy and Capital Market Development in Bangladesh

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

by Shubhasish Barua | On 15 Feb 2016

Accountability and Transparency in Political Finance

When money corrupts campaigns and candidates, political finance can undermine the same democratic values and good governance that it also supports. To prevent and address the problem, transparency and...

by Transparency International TI | On 14 Feb 2016

2008 Report on Revenue Transparency of Oil and Gas Companies

A majority of leading oil and gas companies are far from transparent when it comes to the payments they make to resource-rich countries, leaving the door open to corruption and hampering efforts to fi...

by Transparency International TI | On 14 Feb 2016

Maximizing Chances for Success in Afghanistan and Pakistan

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

by Bruce Riedel | On 14 Feb 2016

The Afghanistan–Pakistan Challenge: Meeting Humanitarian Needs

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

by Elizabeth Ferris | On 14 Feb 2016

Political Finance Regulations: Bridging the Enforcement Gap

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

by Transparency International TI | On 14 Feb 2016

A Study of Cases Filed under Section 498A, IPC; Closed as False in Two Districts and Two Cities of Rajasthan

This study explores closed cases filed under section 498A of the IPC, which pertains to cruelty to a married woman by her marital family. It draws from two datasets of both primary and secondary data,...

by Anjali Dave | On 14 Feb 2016

Pharmaceutical policy study in Hong Kong

The objective of this study is to achieve contextual understanding of pharmaceutical policymaking in Hong Kong by describing its processes and explaining how policymaking works. There are two stages i...

by Benjamin Chan | On 13 Feb 2016

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

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

by Muttukrishna Sarvananthan | On 13 Feb 2016

The Good Governance Challenge: Egypt, Lebanon, Morocco and Palestine

Accountability, transparency and the fight against corruption have been high on the policy agenda in the Middle East and North Africa. Transparency International, as part of a shared endeavour by civi...

by Transparency International TI | On 12 Feb 2016

Exceptions to Patent Rights in Developing Countries

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

by | On 10 Feb 2016

Mapping Prevailing Ideas on Intellectual Property: Preliminary Findings from a Survey

Mapping Prevailing Ideas on Intellectual Property by Professor Jean-Frédéric Morin, Universitélibre de Bruxelles, examines an overlooked yet critical dimension of global IP governance: where do IP ide...

by | On 10 Feb 2016

Bonus Payments in the Indian Formal Sector, 2008-2014

Bonus continues to be an important component of the pay mix of employees. This practice is followed by most of the organizations to keep employees committed, motivated and dedicated towards their orga...

by | On 10 Feb 2016

Multilateralism and China–UN Relations

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

by | On 09 Feb 2016

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

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

by | On 09 Feb 2016

Trade, Finance & Development: Overview of Challenges and Opportunities

Although there is an extremely robust positive correlation between various measures of trade and financial development on the one hand, and economic growth, on the other, the evidence concerning the d...

by | On 08 Feb 2016

2009 World Survey on the Role of Women in Development: Women's Control over Economic Resources and Access to Financial Resources, including Microfinance

The World Survey on the Role of Women in Development is the flagship publication of the United Nations Division for the Advancement of Women. It is presented to the Second Committee of the General Ass...

by UN Women | On 08 Feb 2016

Progress of the World's Women 2000

Launched in June of 2000, "Progress of the World's Women" is UNIFEM's biennial investigation of progress made towards a world where women live free from violence, poverty and inequality. The first iss...

by UN Women | On 08 Feb 2016

Promoting Revenue Transparency: 2011 Report On Oil And Gas Companies

The Promoting Revenue Transparency: 2011 Report on Oil and Gas Companies, published by Transparency International in partnership with Revenue Watch, rates 44 companies on their levels of transparency....

by Transparency International TI | On 07 Feb 2016

Achieving Greater Disclosure In The Oil And Gas Industry

Natural resources can bring considerable amounts of wealth to a country. But transparency must be present for these riches to benefit citizens. Strong disclosure policies on the part of companies help...

by Transparency International TI | On 07 Feb 2016

Bribe Payers Index 2011

The 2011 Bribe Payers Index ranks 28 of the world’s largest economies according to the perceived likelihood of companies from these countries to pay bribes abroad. It is based on the views of business...

by Transparency International TI | On 06 Feb 2016

Transparency In Corporate Reporting: Assessing The World's Largest Companies

This study analyses the transparency of corporate reporting on a range of anticorruption measures among the 105 largest publicly listed multinational companies. Together these companies are worth more...

by Transparency International TI | 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

Fiscal Federalism in Pakistan: The 7th National Finance Commission Award and Its Implications

Pakistan is a federal country. Distribution of resources has a profound impact on income, development, backwardness, and poverty. The paper briefly discusses the federation, its needs and importance i...

by Usman Mustafa | On 06 Feb 2016

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

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

by Mohammad Irfan | On 06 Feb 2016

Business Principles for Countering Bribery

The Business Principles for Countering Bribery provide a framework for companies to develop comprehensive anti-bribery programmes. Whilst many large companies have no-bribes policies all too few imple...

by Transparency International TI | On 05 Feb 2016

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

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

by Transparency International TI | On 05 Feb 2016

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

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

by Transparency International TI | On 05 Feb 2016

Protecting Climate Finance: An Anti-Corruption Assessment of the Global Environment Facility's Least Developed Countries Fund & Special Climate Change Fund

Protecting Climate Finance: An Anti-corruption Assessment of the Global Environment Facility’s Least Developed Countries Fund and Special Climate Change Fund is the third in a series of reports by Tra...

by Transparency International TI | On 05 Feb 2016

Can Justice Be Achieved Through Settlements?

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

by Transparency International | On 05 Feb 2016

Curbing Illicit Financial Flows to Unlock A Sustainable Future

Achieving the sustainable development goals and countering climate change will require considerably more resources than what public finances alone can afford. By curbing illicit financial flows and re...

by Transparency International | On 05 Feb 2016

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

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

by Rashid Amjad | On 03 Feb 2016

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

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

by Unbreen Qayyum | On 03 Feb 2016

Foreign Aid and the Fiscal Behaviour of Government of Pakistan

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

by Rabia Butt | On 03 Feb 2016

Governance and the Effectiveness of Foreign Capital

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

by Unbreen Qayyum | On 03 Feb 2016

Market Imperfections and Dividend Policy Decisions ofManufacturing Sector of Pakistan

Dividend policy is an important issue of corporate finance and the present study examines the effect of market imperfections such as asymmetric information, agency costs and transaction cost of issuin...

by Darakhshan Younis | 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

Central Asia And The EU’S Drive Towards Energy Diversification

In recent years, Central Asia has increasingly come under the focus of the European Union (EU). This development occurred not least due to a series of interruptions in the supply of Russian natural ga...

by Sijbren Jong | On 03 Feb 2016

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

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

by Georg Inderst | On 02 Feb 2016

Pakistan: The Impact of Economic Liberalisation on Poverty

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

by Zafar Mahmood | On 02 Feb 2016

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

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

by Golam Rasul | On 02 Feb 2016

The Armed Syrian Opposition: Common Aim but No Vision

In response to the dearth of academic studies written on the Syrian opposition, this study reviews the various Syrian military organizations that are currently active against the Syrian regime, and di...

by | On 01 Feb 2016

Foreign Labor and Questions of Identity in the Arabian Gulf

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

by | On 01 Feb 2016

A Taste of Success: Examples of the Budget Work of NGOs

This report is a compilation of examples of the budget work undertaken by nongovernmental organizations from around the world. Although many of these organizations are new to budget analysis, they h...

by International Budget Partnership IBP | On 01 Feb 2016

Finance for Forests and Climate Change

In addition to providing multiple services and goods, forests can play a key role in tackling climate change. Forestry, as defined by the IPCC accounts for around 17.4 per cent of global GHG emissions...

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

Till Debt do us Part: the Urgency of a Sovereign Debt Workout Mechanism

The danger to global economic recovery posed by the European debt turmoil throws a spotlight on a key missing international institution critical to global finance a sovereign debt resolution mechanism...

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

The Potential of Financial Transaction Taxes for Development Financing

Difficulties in raising sufficient resources to finance internationally agreed development goals and global objectives, such as combating climate change, have led the quest for new and innovative sour...

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

Savings Behaviour In South Asia

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

by Ranjan Kumar Dash | On 30 Jan 2016

Pigs on Two Feet

Is it a tit for tat play going on here between Congress and BJP?

by T.N. Ninan | On 30 Jan 2016

Russian Intervention in Syria: Geostrategy is Paramount

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

by | On 29 Jan 2016

Scientific Framework for ICIMOD’s Regional Programme on Adaptation to Change

This document elaborates the scientific framework of the Adaptation to Change Programme in an attempt to improve the connections between science, policy, practice, and stakeholders and to tackle chall...

by International Centre for Integrated Mountain Devel ICIMOD | 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

Management by Participation? Village Institutions and Drinking Water Supply in Gujarat

One of the critical dimensions of rural water supply has been participation by the local community in managing the source and finances. Drawing upon case studies of 20 villages (spread across 17 distr...

by Keshab Das | On 28 Jan 2016

Promoting Agricultural Growth in Myanmar: A Review of Policies and an Assessment of Knowledge Gaps

This paper reviews the agricultural policy environment in Myanmar up until 2014 with an eye towards identifying policies that can help to accelerate productivity and profitability in the agricultural...

by Ulrike Nischan | On 28 Jan 2016

Triple Wins for Sustainable Development

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

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

Synthesis of Important Discussions on Microfinance and Livelihood Support to Small and Marginal Farmers

This publication incorporates all the discussions on marginal and small farmers such as micro financing for agricultural value chains, MahilaKisanSashaktikaranPariyojna, MF for small farmers through e...

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

Consolidated Replies on State of the Sector Report 2012 for Microfinance

This document incorporates outputs of two discussions conducted on State of the Sector Report 2012. The summaries of the two discussions on SOS 2012 also find place in the State of the Sector Report...

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

Financial Inclusion and Livelihood Promotion of Rickshaw Pullers in India

The research study highlights the financial inclusion needs of cycle rickshaw pullers in India. These include access to service sectors; improvement of asset base; employment of their women; increase...

by | On 27 Jan 2016

Financial Inclusion of Excluded Segments - Learning from Experience Delivery of Financial Services to People with Disabilities

The case study focuses on the unique initiative in India undertaken by the Center for Financial Inclusion at Accion International in partnership with v-shesh Learning Services Pvt. Ltd. and three Micr...

by | On 27 Jan 2016

The Microfinance Bill: Need for a Fresh Outlook

This policy paper presents the past efforts of regulating the Microfinance sector, analyses the merits and demerits of various attempts beginning from the report of the Task Force1 in 1999 and present...

by | On 27 Jan 2016

Global Production With Export Platforms

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

by Penn Stat | On 27 Jan 2016

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

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

by Kodjo Osei-Lah | On 26 Jan 2016

Improving The Availability Of Trade Finance In Developing Countries: An Assessment Of Remaining Gaps

While conditions in trade finance markets returned to normality in the main routes of trade, the structural difficulties of poor countries in accessing trade finance have not disappeared – and might h...

by Marc Auboin | On 26 Jan 2016

Power to Women through Finance: Revisiting the Microfinance Promise

The relationship between women’s access to credit and their empowerment is a theme that seems to have lost much of its sheen and sharpness during the phase of commercialization of microfinance in Indi...

by Tara Nair | 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

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

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

by Tara S Nair | On 25 Jan 2016

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

Does Exchange Rate Intervention Trigger Volatility?

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

by M. Ramachandran | On 24 Jan 2016

External Shocks

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

by Ashima Goyal | On 24 Jan 2016

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

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

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

by Muhammad Amir Hossain | On 23 Jan 2016

A New Touch of Realism in Bilateral Talks

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

by | On 23 Jan 2016

India’s New Neighbourhood-Test

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

by | On 23 Jan 2016

Ensuring Access for the Climate Vulnerable in Bangladesh

Drawing on secondary literature and interviews and discussions with community members, local government officials, and various experts, the report proposes a mechanism through which LGIs could provide...

by International Centre for Climate Change and Develo ICCCAD | On 23 Jan 2016

An Analysis of Private Commercial Borrowing from Foreign Sources in Bangladesh

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

by Sayera Younus | On 23 Jan 2016

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

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

by Bangladesh Bank | On 23 Jan 2016

Scenarios of Waste and Resource Management: for Cities in India and Elsewhere

The report identifies four future scenarios of this complex waste/resource management landscape using tools from Foresight methods and political economy analysis. We also identify the dynamics within...

by Ashish Chaturvedi | On 23 Jan 2016

National Development Banks in the BRICS: Lessons for the Post-2015 Development Finance Framework

While there is now broad agreement that National Development Banks (NDBs) have the potential to contribute positively to development objectives, it is less clear how this can best be done in practice....

by Institute of Development Studies IDS | On 23 Jan 2016

East Asia in 2015

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

by Sandip Kumar Mishra | On 23 Jan 2016

ADB: Deepening Cooperation with Civil Society in 2014

This brief reports on civil society organization (CSO) engagements of ADB in 2014, highlighting representative ADB operations and technical assistance projects approved or ongoing in 2014 that have CS...

by Asian Development Bank Institute | On 22 Jan 2016

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

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

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

Fostering Synergy between Health and ICDS for Advancing Child Survival and Development

This case study was undertaken to understand and document the experiences of the Valsad district. The researchers spent two weeks in Valsad collecting data. Interviews were conducted with functionarie...

by Climate Modelling Forum CMF | On 22 Jan 2016

The Coordination of Climate Finance In India

In India, institutional arrangements around climate finance have mostly followed national policy responses to climate change. This paper maps the emergence of climate change policy in India and subseq...

by Vyoma Jha | On 21 Jan 2016

Accelerating Reductions in Undernutrition: What can nutrition governance tell us?

In order to accelerate progress on undernutrition reduction we need to understand how the governance of nutrition programmes leads to successful outcomes. Based on evidence from six countries: Banglad...

by Institute of Development Studies IDS | On 21 Jan 2016

Balancing State and Community Participation in Development Partnership Projects: Emerging Evidence from Indian SDPs in Nepal

This paper evaluates the impact and potential of development programmes known as Small Development Projects (SDPs), introduced by India as part of its development cooperation portfolio in Nepal. Throu...

by Sachin Chaturvedi | On 21 Jan 2016

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

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

by Biswajit Dhar | On 21 Jan 2016

Role of Private Sector in Higher Education

The Standing Committee on Human Resource Development is currently examining the subject 'Role of Private Sector in Higher Education'. In this context, an analysis of the role of the private sector...

by Apoorva Shankar | On 20 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

Housing Policies in China: Issues and Options

This article consists in three parts. The first part deals with theory. We evaluate the pros and cons of government involvement in urban housing and of renting versus ownership. In the second part, we...

by Yves Zenou | On 14 Jan 2016

Introductory Guide to Gender and Climate Change

For years, civil society organisations and researchers have highlighted that, as weather patterns become increasingly unpredictable and extreme events such as floods, heatwaves or storms become more c...

by A Otzelberger | On 13 Jan 2016

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

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

by | On 11 Jan 2016

Recent Downturn in Emerging Economies and Macroeconomic Implications for Sustainable Development: A Case of India

The paper discusses the progress of Indian economy and its policies since the broadbased structural reforms initiated in 1991 with a special focus on the recent downturn following the global financial...

by | On 11 Jan 2016

Absorbing Innovative Financial Flows: Looking at Asia

This paper explores the scope for Innovative Development Finance (IDF) to compensate for declining Official Development Assistance (ODA) and/or to enhance the efficiency of ODA. It shows that IDF has...

by | On 11 Jan 2016

Living on the Edge: Immunization Coverage among Children of Nomadic and De-notified Tribes in the Slums of M-East Ward, Mumbai

This study was carried out to assess the immunization status of the NT-DNT children in the 0 to 5 year age group and also to suggest an intervention strategy to immunize the non-immunized children....

by Praveenkumar Katarki | On 11 Jan 2016

Data-Driven Planning for Solid Waste Management in Chennai

The paper reports the advantages of data-based planning for solid waste management in a major Indian city, which have been demonstrated through three steps undertaken as part of a pilot project in a C...

by | On 09 Jan 2016

The Least Developed Countries Report, 2004

The Least Developed Countries Report 2004 assesses the relationship between international trade and poverty within the LDCs, and identifies national and international policies that can make trade a mo...

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

The Least Developed Countries Report, 2011

The least developed countries (LDCs) are a group of countries that have been classified by the United Nations as least developed in terms of their low gross domestic product (GDP) per capita, weak hum...

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

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

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

by Deeparghya Mukherjee | On 09 Jan 2016

Modi’s Foreign Policy: Focus on the Diaspora

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

by C. Raja Mohan | On 09 Jan 2016

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

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

by Marion Künzler | On 08 Jan 2016

Prevention and Resolution of Foreign Exchange Crises in East Asia

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

by Andrew Cooper | On 07 Jan 2016

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

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

by Yuqing Xing | On 07 Jan 2016

The Single Best Health Policy in the World: Tobacco Taxes

The single most cost-effective way to save lives in developing countries is in the hands of developing countries themselves: raising tobacco taxes.

by | On 06 Jan 2016

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

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

by Masahiro Kawai | On 06 Jan 2016

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

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

by Bharath Jairaj | On 05 Jan 2016

Estimates of Urban Infrastructure Financing Requirements in India 2006-2031

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

by Shubhagato Dasgupta | On 05 Jan 2016

Habitat III Issue Papers : 22 – Informal Settlements

Although some governments acknowledge the existence of slums and informal settlements, many do not. This lack of recognition and subsequent response directly undermines city-wide sustainable developme...

by | On 05 Jan 2016

Plan vs. Performance: Winter Session 2015

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

by Kusum Malik | On 05 Jan 2016

Financial Literacy for Increasing Sustainable Access to Finance in Nepal

This paper explores how far the expansion of Banks and Financial Institutions including cooperatives assures the access to finance and its sustainability. The study also explores the worth of financia...

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

Ability Drain

Is ability drain (AD) economically significant? That immigrants or their children founded over 40% of theFortune 500 US companies suggests it is. Moreover, brain drain (BD) induces a brain gain (BG)....

by Maurice Schiff | On 29 Dec 2015

Trade in Value Added: An East Asian Perspective

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

by Satoshi Inomata | On 29 Dec 2015

Vital Stats: Functioning of Parliament in Winter Session 2015

This note presents data regarding Parliament’s productivity during Winter Session 2015.

by Kusum Malik | On 26 Dec 2015

Where Next for Aid? The Post-2015 Opportunity

This joint ODI-UNDP paper looks at whether development aid will remain important in the post-2015 era, and asks how the old aid model should change in response to a dramatically new world and new sust...

by GAIL HURLEY | On 24 Dec 2015

Financial Inclusion, Regulation, and Education in Sri Lanka

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

by Saman Kelegama | On 23 Dec 2015

Land Reform: A Revised Agenda for the 21st Century

This report explores how best to implement effective land reform, based on past experience in less-developed and transitional economies. The authors discuss the potential benefits of land reform, fact...

by | On 23 Dec 2015

Asymmetric Influence in Global Banking Regulation

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

by Roman Goldbach | On 23 Dec 2015

Fiscal Decentralization And Tax Incentives In The Developing world

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

by Quan Li | On 23 Dec 2015

Oil and State Capitalism: Government-Firm Coopetition in China and India

This paper examines the domestic sources of the internationalization of national oil companies (NOCs) in China and India. It argues that – counter to notions of state-led internationalization – the go...

by Jonas Mecklinga | On 23 Dec 2015

Mobile Financial Services in Bangladesh: An Overview of Market Development

The objective of this report is to share a market level overview of the early stage progress of MFS in Bangladesh up through the first quarter of 2012. With this goal in mind Bangladesh...

by Bangladesh Bank | On 22 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

The High and Low Politics of Trade

The World Trade Organization (WTO) is in trouble. Its negotiating mechanism has mostly seized up, as reflected in the failure to conclude the long-running Doha Round. No obvious solution to this conun...

by | 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

India’s Manufacturing Sector Export Performance during 1999-2013: A Focus on Missing Domestic Inter-Sectoral Linkages

The paper focuses on eight selected major manufactured export sectors for undertaking detailed study, six of which are also India's largest manufactured import sectors. After analysing India's current...

by Smitha Francis | On 18 Dec 2015

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

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

by Mst. Nurnaher Begum | On 18 Dec 2015

External Sector Openness Management: The Bangladesh Experience

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

by Abdul Wahab | On 18 Dec 2015

Global Sustainable Development Report, 2015 edition

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

by United Nations UN | On 17 Dec 2015

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

Income Inequality and Labour Income Share in G20 Countries: Trends, Impacts and Causes

The paper present concise evidence of recent trends in inequality and labour income shares and to identify possible causes as a basis for developing potential policy responses. This report takes up th...

by Internaional Labour Organization [ILO] | On 17 Dec 2015

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

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

by Ministry of Agriculture GOI | On 17 Dec 2015

Rethinking India’s Climate Policy and the Global Negotiations

This essay examines India’s position in international negotiations on climate change and domestic mitigation actions, based on scientific evidence and equity. It is argued that India’s stance has larg...

by D Raghunandan | On 17 Dec 2015

The Design and Implementation of Public Pension Systems in Developing Countries: Issues and Options

Developing countries are increasingly aware of the need to design and implement improvements in public systems for providing pensions to the elderly. Such systems may aim to smooth consumption and thu...

by David Bloom | On 17 Dec 2015

Progress of the World’s Women 2005: Women, Work and Poverty

This report marks the fifth anniversary of the UN Millennium Declaration and the tenth anniversary of the Beijing Platform for Action. It argues that unless governments and policymakers pay more atten...

by Martha Chen | 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

Technology in the 2015 Paris Climate Agreement and Beyond

The Paris Conference of the Parties (COP) of the United Framework Convention on Climate Change (UNFCCC) is expected to be an important milestone in global efforts to combat climate change. Such effort...

by | On 16 Dec 2015

National Experiences in Building Social Protection Floors: India’s Mahatma Gandhi National Rural Employment Guarantee Scheme

This study highlights three central themes of the MGNREGA: first, the innovative policy framework of the Act, which brings together rights-based entitlements, demand-driven employment, and citizen-cen...

by Ellen Ehmke | 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

SkyShares: Modelling the Distributive and Economic Implications of a Future Global Emissions Budget

The SkyShares model helps policy-makers explore a range of diffe ent policy scenarios. It enables users to relate a target limit for temperature change to a global emissions ceiling; to allocate this...

by Owen Barder | On 11 Dec 2015

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

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

by Prachee Mishra | On 04 Dec 2015

Parliament Session Alert-Winter Session Alert: November 26 – December 23, 201 5

Lok Sabha and Rajya Sabha will meet for the Winter Session between November 26th and December 23rd, 2015. The legislative agenda includes 19 Bills currently pending in Parliament for consideration an...

by Kusum Malik | On 25 Nov 2015

The Journey: Essays on the Indian Railways 1853 - 2015: The Coming of the Railways

Tracking the the Indian Railways is as much an exercise in history as it is an excursion into the political and social debates of the period that determined the fate of a nation. This is the first i...

by Anuradha Kumar | On 21 Nov 2015

Key Indicators of Social Consumption in India: Education

Key Indicators of Social Consumption in India on Education Show Continued Gender Gap and Rural Urban Differences. In rural areas, literacy rate was seen as 71% compared to 86% in urban areas. Also amo...

by National Sample Survey Office NSSO | On 17 Nov 2015

The Tax Puzzle

If the surge in tax collections is sustainable, the finance minister has the elbow room to shoot for a fiscal deficit that is significantly lower than the Budget's 3.9 per cent of GDP, or to bump up.

by T.N. Ninan | On 13 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

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

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

by Jayati Sarkar | On 19 Oct 2015

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

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

by Rajeswari Sengupta | On 19 Oct 2015

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

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

by Jayati Sarkar | On 16 Oct 2015

Integrating SMEs into Global Value Chains: Challenges and Policy Actions in Asia

Globalized production networks, or global value chains, provide an opportunity for small and medium enterprises to upscale their business models and to grow across borders, though with global opportun...

by Asian Development Bank Institute | On 16 Oct 2015

The Influence of Industry Financial Composition on the Exports from Pakistan

the influence of the industry financial composition on the export flow between Pakistan and its trading partners is determined. The importing countries are split according to their OECD membership st...

by Aadil Nakhoda | On 16 Oct 2015

E-Retailing and the Consumer Protection Bill, 2015: Drawing from the European Union Consumer Directives

E-retailing has exponentially grown in the past decade. Alongside, consumer grievances have also started surfacing. The Consumer Protection Bill, 2015 addresses this by giving the right to the consu...

by Akhileshwar Pathak | On 15 Oct 2015

The Consumer Protection Bill, 2015

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

by Lok Sabha Secretariat | On 13 Oct 2015

Attempting the Production of Public Goods through Microfinance: The Case of Water and Sanitation

This paper evaluates the attempt to create public goods via microfinance loans. Microfinance loans in the production of goods with public goods characteristics signify an emergent micro-privatisation....

by Philip Mader | On 06 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

Housing Finance Mechanisms in India

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

by UN-HABITAT | On 25 Sep 2015

Planning and Design for Sustainable Urban Mobility: Global Report on Human Settlements 2013

Planning and Design for Sustainable Urban Mobility argues that the development of sustainable urban transport systems requires a conceptual leap. The purpose 'transportation' and 'mobility' is to gain...

by UN-HABITAT | 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

Education for All 2000-2015: Achievements and Challenges

This Report draws on all of this experience, to make sharp recommendations for the place of education in the future global sustainable development agenda. The lessons are clear. New education targets...

by United Nations Educational, Scientific and Cultura [UNESCO] | On 22 Sep 2015

The Elephant in the Dark: Finding Ways to End India’s Hunger and Malnutrition

This paper tries to map some of the major debates exploring the 'elephant‘ of India‘s failure to end hunger and malnutrition. The authors identify five main hurdles towards addressing the issue of hun...

by | On 17 Sep 2015

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

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

by | On 14 Sep 2015

Financial Inclusion in Asia: An Overview

This paper provides an analysis of financial development and inclusion in developing Asia using data from a wide array of sources. In terms of aggregate measures of financial development, the region a...

by | On 07 Sep 2015

Identity, Interests and Indian Foreign Policy

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

by | On 25 Aug 2015

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

Parliament Session Wrap Monsoon Session – July 21 to August 13, 2015

Bills Passed by Parliament during the Monsoon Session

by Kusum Malik | On 24 Aug 2015

Vital Stats: Parliament Functioning in Monsoon Session 2015

This note presents data regarding Parliament productivity during Monsoon Session 2015. This session has been one of the least productive sessions in the last 15 years with repeated disruptions in both...

by Kusum Malik | On 24 Aug 2015

Case Studies of Policy Coherence Initiatives in Developing Asia

This paper highlights four case studies of national efforts in developing Asia towards greater policy coherence and coordination, ranging from institutional cooperation in poverty reduction programmes...

by Internaional Labour Organization [ILO] | On 19 Aug 2015

Don’t Target the Media

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

by T.N. Ninan | On 15 Aug 2015

Criminalizing Cheque Bounce Cases – An Effective Remedy?

A review is done to understand if criminalising cheque bounce cases has been an effective remedy. The penalties imposed in other countries against cheque bounce offenders is studied and an analysis of...

by Centre for Civil Society CCS | On 14 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

Social Enterprises and Employment: Mainstreaming SMEs and Employment Creation

This paper argues that mainstreaming SMEs and SE into various international treaties will require the assumption of positive externalities which markets cannot fully evaluate. To show this, the possib...

by Leonardo Lanzona | On 12 Aug 2015

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

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

by Naimul Saif | On 11 Aug 2015

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

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

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

by | On 31 Jul 2015

The Right to Fair Compensation and Transparency in Land Acquisition, Rehabilitation and Resettlement (Second Amendment) Bill, 2015

This Bill amends the principal Act passed in 2013. The Bill enables the government to exempt five categories of projects from the requirements of social impact assessment, restrictions on acquisition...

by Ministry of Law and Justice GOI | On 21 Jul 2015

The Right to Fair Compensation and Transparency in Land Acquisition, Rehabilitation and Resettlement (Amendment) Bill, 2015

This is a Bill to further amend the Right to Fair Compensation and Transparency in Land Acquisition, Rehabilitation and Resettlement Act, 2013. The Right to Fair Compensation and Transparency in Land...

by Ministry of Law and Justice GOI | On 21 Jul 2015

Parliament Session Alert-Monsoon Session: July 21 – August 13, 2015

Lok Sabha and Rajya Sabha will meet for the monsoon session between July 21 and August 13, 2015. The legislative agenda includes 7 legislative Bills currently pending in Parliament for consideration...

by Kusum Malik | On 21 Jul 2015

Can GDP-Linked Official Lending to Emerging Economies and Developing Countries Enhance Risk Management and Resilience?

This paper considers whether GDP-linked official external public debt can help address some of the challenges that developing countries face when managing international financial flows. GDP-linked off...

by United Nations Development Programme UNDP | On 20 Jul 2015

The Role of Subsidy Uncertainty in Mission Drift of Microfinance Institutions of Asia

This study sheds light on the mission drift arguments for 149 MFIs working in continent Asia over the period 2003 to 2013. The mission drift is captured by average loan size, total number of borrower...

by | On 08 Jul 2015

Can Foreign Banks Contribute to Financial Inclusion?

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

by Ramkishen S. Rajan | On 05 Jul 2015

Fifteenth Report on the Rights of Persons with Disabilities Bill, 2014

The Persons with Disabilities (Equal Opportunities, Protection of Rights and Full Participation) Act, 1995 was enacted to give effect to the Proclamation on the Full Participation and Equality of the...

by Lok Sabha Secretariat | On 22 Jun 2015

How Empowered is Microfinance in Empowering Women ? Evidence from India

Drawing upon the data from the recent period, this paper explores the relationship between women’s involvement in microfinance programs and improvement in their empowerment status. The significant d...

by | On 19 Jun 2015

Medium-Term Budgetary Framework (MTBF) of Ministry of Public Administration Bangladesh

The statement discusses the need of development of a competent and accountable public service by attracting, developing, engaging and managing an efficient and innovative organizational, functional an...

by Ministry of Finance Bangladesh | On 18 Jun 2015

Medium Term Budget Framework: Pre Budget Document 1390-1392

This Pre Budget Report incorporates the Medium-Term Budget Framework (MTBF). The MTBF links the spending plans of budgetary units to overall government policy objectives.The purpose of the Report is t...

by Ministry of Finance Afghanistan | On 16 Jun 2015

Afghanistan Quarterly Fiscal Bulletin, 1390

This edition of the Afghanistan bulletin provides a snapshot of the actual domestic revenues collection and core budget execution during the quarter. An attempt has been made to provide analytical ana...

by Ministry of Finance Afghanistan | On 16 Jun 2015

Monetary Policy and Informal Finance

This article utilises state-level data for 1961–2012 to examine the interlinkage between informal finance and monetary policy. The analysis suggests that in response to a monetary contraction, borrowi...

by Saibal Ghosh | On 15 Jun 2015

Budget FY11: Report on the Implementation Status, Income and Expenditure Trend and Macroeconomic Analysis (up to December 2010)

Budget FY11 contains Speech of the Bangladesh Finance Minister on the implementation status and macroeconomic analysis up to second quarter (July-December).

by | On 12 Jun 2015

Islamic Republic of Afghanistan 1390 Citizens Budget

The Government’s main budgetary objective is to allocate fiscal resources in line with Afghanistan National Development Strategy (ANDS). In this way, it will be assured that resources are allocated to...

by Ministry of Finance Afghanistan | On 11 Jun 2015

Citizens’ Guide to the 1390 National Budget

This guide explains, in simple and easily understood language, the 1390 Budget Statement presented to Parliament by the Minister of Finance on 5 February 2011. The guide is designed to help the genera...

by Ministry of Finance Afghanistan | On 11 Jun 2015

In Search of a Model Land Legislation the New Land Acquisition Bill and its Challenges

The draft Land Acquisition and Rehabilitation and Resettlement Bill, which was introduced in the Lok Sabha on September 7, 2011 is one of the most important legislations waiting for Parliamentary appr...

by Niranjan Sahoo | On 05 Jun 2015

Making It Happen: Technology, Finance and Statistics for Sustainable Development in Asia and the Pacific

This report assesses the state of progress on the Millennium Development Goals (MDGs) and then considers how the international community can embark on a post-2015 development agenda and do so in an in...

by Asian Development Bank Institute | On 04 Jun 2015

Fourteenth Finance Commission: Continuity, Change and Way Forward

In preparation of its report, the Fourteenth Finance Commission was guided by the terms of reference; the approach of the previous finance commissions; the prevailing macroeconomic situation in the co...

by | On 03 Jun 2015

Making it Happen: Technology, Finance and Statistics for Sustainable Development in Asia and the Pacific:Asia-Pacific Regional MDGs Report 2014/15

This is a historic year: the end of 2015 is the target date for the Millennium Development Goals. Since 2001, governments across Asia and the Pacific have been striving to meet ambitious goals that ai...

by Economic and Social Commission for Asia Pacific ESCAP | On 31 May 2015

Report of the Working Group on Outreach of Institutional Finance, Cooperatives and Risk Management for the 12th Five Year Plan (2012-17)

The working group is of the opinion that the credit strategy should be aligned to agriculture growth strategy which in turn has to address broader macro economy concerns of supply management and issu...

by Planning Commission | On 21 May 2015

The Constitution (One Hundred and Fifteenth Amendment) Bill, 2011

This Bill is further amendment to the constitution on levy and collection of goods and service tax and trade in India. It provides the parliament with exclusive powers to make laws with respect to goo...

by Ministry of Finance | On 19 May 2015

YOJANA Volume 58, Issue 1- January 2014

The January 2014 issue of YOJANA contains the following articles - Tribal and Marginalized Communities, Constitutional Provisions, Laws and Tribes, Actualising Adivasi Self-Rule, The Food Bill, Wild F...

by Ministry of Information and Broadcasting MIB | On 11 May 2015

Fifteenth Report of the Social Justice and Empowerment Committee on “The Rights of Persons with Disabilities Bill, 2014

The Committee are of the view that the disabled group in our country still remains an invisible group in the mind of policy makers. A vast number of the disabled are excluded from the existing servic...

by Lok Sabha Secretariat | On 11 May 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

A Land Acquisition Bill With Many Faultlines

This paper discusses the problems with the much revised and much delayed Land Acquisition, Rehabilitation and Resettlement Bill, and how they may be addressed. A democratization of the land acquisitio...

by Prasenjit Bose | On 24 Apr 2015

Pakistan: New Cybercrime Bill Threatens the Rights to Privacy and Free Expression

ARTICLE 19 and Digital Rights Foundation Pakistan have serious concerns about measures contained in Pakistan’s proposed Prevention of Electronic Crimes Bill (‘PEC Bill’). The Bill contains a number of...

by Article 19 | On 22 Apr 2015

Budget 2015 - What's In It For the Common Man ?

This is analysis of this year's Union Budget in Hindi. This video discusses on how the government categories budget and how the budget document should be viewed.

by | On 13 Apr 2015

Economic Survey of Maharashtra 2014-15

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

by Government of Maharashtra | On 09 Apr 2015

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

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

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

State Effectiveness, Growth, and Development

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

by | On 01 Apr 2015

Two Decades of Indian Microfinance: Trajectory and Transformation

This paper critically reviews the major trends in the trajectory of evolution of Indian microfinance since the early 1990s. The debates on Indian microfinance reflect the myriad imaginations and perc...

by | On 31 Mar 2015

Banker-Borrower Interplay: Synergies and Challenges

A determining aspect of the banker-borrower relationship is built on trust and understanding. It is also important that these relationships neither get too cosy nor do they get too strained as either...

by S.S. Mundra | On 27 Mar 2015

Outcome Budget 2015-2016

The “Outcome Budget” reflects the endeavour of the Government to convert “Outlays” into “Outcomes” by planning expenditure, fixing appropriate targets and quantifying deliverables of each scheme. The...

by Ministry of Finance | On 26 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

Structural Changes in India’s Foreign Trade

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

by | On 18 Mar 2015

Kerala Budget 2015-16

Budget speech of Kerala Finance Minister K M Mani.

by K.M. Mani | On 13 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

LARR (Amendment) Bill, 2015: Amendments proposed on March 9, 2015

The Right to Fair Compensation and Transparency in Land Acquisition, Rehabilitation and Resettlement (Amendment) Bill, 2015 was introduced in Lok Sabha on February 24, 2015 to replace an Ordinance. T...

by PRS Legislative Research | On 11 Mar 2015

Economic Survey 2014-15: Vol II

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

by Ministry of Finance | On 28 Feb 2015

The Land Acquisition Ordinance

The ruling government’s Land Acquisition Ordinance is viewed with suspicion by most politically active groups, as well as the industry. Consent, compensation, relief and rehabilitation are some of the...

by Maitreesh Ghatak | On 25 Feb 2015

Road Infrastructure: Issues in Financing

Equity and efficiency are two issues that arise again and again the area of infrastructure finance. If the financing of infrastructure projects is to be sustainable the private sector must be entruste...

by Sudakshina Gupta | On 25 Feb 2015

The Railways (Amendment) Bill, 2014

This Brief has been written on the basis of the Railways (Amendment) Bill, 2014 which was introduced in Lok Sabha. It highlights the key issues and analysis in the Bill

by | On 25 Feb 2015

Report of the Fourteenth Finance Commission

The Fourteenth Finance Commission (FC-XIV) was constituted by the President under Article 280 of the Constitution on 2 January 2013 to make recommendations for the period 2015- 20. Dr. Y. V. Reddy w...

by Finance Commission | On 24 Feb 2015

Budget Transparency and Participation: Recommendations to the Fourteenth Finance Commission

This paper explores the need for a Pre-Budget Statement, sub-national transparency and civil society participation to make the budgetary process in India more transparent, accountable and participator...

by Ravi Duggal | On 20 Feb 2015

Policy Asks and Expectations from Union Budget 2015-16

Important processes relating to government budgets in India have been constrained by some widely-acknowledged challenges in governance in the country. These challenges pertain to lack of adequate tran...

by Centre for Budget and Governance Accountability | On 20 Feb 2015

Report of the High Powered Expert Committee on Making Mumbai an International Financial Centre (Percy Mistry Report)

In the recent decade, India has made significant strides in the financial sector. Some of the important developments are strengthening of banks, de-regulation of interest rates and sector competition...

by Ministry of Finance | On 19 Feb 2015

Budget Track - Issues before the 14th Finance Commission

This edition of Budget Track focuses on the ‘Issues before the 14th Finance Commission’, which is due to submit its report to the Union Government this year. The Finance Commission of India, a Constit...

by Centre for Budget and Governance Accountability | On 19 Feb 2015

Policy Framework for Finance SEZs

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

by Ministry of Finance | On 19 Feb 2015

Microfinance for Decent Work – Enhancing the Impact of Microfinance: Evidence from an Action Research Programme

In many emerging markets, Micro FinanceInstitutions have significant outreach, providing financial services to thousands, if not millions of small and micro enterprises. Since their primary relationsh...

by International Labour Organisation ILO | On 18 Feb 2015

The Paradox of Gender Responsive Budgeting

Despite the steps towards gender responsive budgeting, the budgetary allocations for promoting gender equality and women’s empowerment show a decline. Not only has the magnitude of the gender budget a...

by | On 17 Feb 2015

Financing for Infrastructure Investment in G-20 Countries.

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

by Ramprasad Sengupta | On 11 Feb 2015

Indian Public Finance Statistics 2013-14

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

by Ministry of Finance | On 10 Feb 2015

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

The Questions We Should be Asking Frequently about the Land Acquisition Act -And Answers From an Expert

A look at Land Acquisition Act, 2013, and the amendments to it from the perspective to those who live close to the land.

by Usha Ramanathan | On 02 Feb 2015

World Employment and Social Outlook - Trends 2015

Formerly entitled Global Employment Trends, the World Employment and Social Outlook – Trends 2015 includes a forecast of global unemployment levels and explains the factors behind this trend, includin...

by International Labour Organisation ILO | On 22 Jan 2015

Governance in Sri Lanka: Lessons from Post-Tsunami Rebuilding

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

by | On 13 Jan 2015

China and Its Peripheries: Contentious Relations with North Korea

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

by | On 26 Dec 2014

Parliament as a Law Making Body: Background Note for the Conference on Effective Legislatures

Parliament performs several essential functions including that of making laws, scrutinising and passing the budget, conducting oversight on the activities of the government and representing citizens....

by Prianka Rao | On 06 Dec 2014

Safeguarding Security and Sovereignty

K.G.KANNABIRAN MEMORIAL LECTURE.

by Justice C.V. WIGNESWARAN | On 20 Nov 2014

Draft Road Transport and Safety Bill

To provide a framework for safer, faster, cost effective and inclusive movement of passengers and freight in the country thus enabling the mission of ‘Make in India’.

by Ministry of Road Transport and Safety GOI | On 13 Nov 2014

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

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

by Aaditya Mattoo | On 06 Nov 2014

International Migration and Development in East Asia and the Pacific

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

by Ahmad Ahsan | On 31 Oct 2014

Youth in Transition: The Challenges of Transitional Change in Asia

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

by UNESCO UNESCO | On 16 Oct 2014

Statistics in the Reserve Bank of India

RBI has taken several steps to improve the processing of data. Information system will also be enhanced very soon. [Remarks at Reserve Bank of India at the 8th Statistics Day Conference, Mumbai].

by Deepak Mohanty | On 30 Sep 2014

Financing Migration, Generating Remittances and the Building of Livelihood Strategies: A Case Study of Indonesian Migrant Women as Domestic Workers in Singapore

Using the case study of Indonesian women migrating as domestic workers to Singapore, this paper draws on a quantitative survey and qualitative in-depth interviews to examine the migration trajectories...

by Maria Platt | On 24 Sep 2014

India: Third and Fourth Combined Periodic Report on the Convention on the Rights of the Child

‘India: Third and Fourth Combined Periodic Report on the Convention on the Rights of the Child’ is a product of extensive consultations with all stakeholders. The Report has been prepared after consul...

by Government of India Ministry of Women and Child Development | On 15 Sep 2014

A BRIC Development Bank: A Dream Coming True?

BRICS leaders have approved creating a new development bank which would fund long-term investment in infrastructure and more sustainable development. This paper documents the scale of unmet needs in t...

by Stephany Jones | On 21 Aug 2014

Integrated Health and Microfinance in India, Volume II: The Way Forward

Integrated Health and Microfinance in India: The Way Forward is a follow-up report that highlights the context of integration of health and microfinance in light of India’s journey towards universal h...

by Somen Saha | On 11 Aug 2014

The Juvenile Justice (Care and Protection of Children) Bill, 2014

An act to consolidate and amend the law relating to children in conflict with law and children in need of care and protection by catering to their developmental needs through proper care, protection a...

by Government of India Ministry of Women and Child Development | On 08 Aug 2014

Creative Budgeting or Actual Deficit Reduction? The case of FRBM Act

The FRBM Act was reflective of the shared commitment across political parties towards fiscal conservatism. A decade later, the picture, as reflected in the Union Budget, is yet to change for the bette...

by Surajit Mazumdar | On 07 Aug 2014

Union Budget 2014: New Government, Same Ol'Budget

If the Union Budget 2014 is anything to go by , the fiscal policy of the new government shows no change. In fact, there is an amazing continuity with the previous few Budgets. Significantly however,...

by Ravi Duggal | On 23 Jul 2014

Bhutan - National Youth Policy 2011

This National Youth Policy seeks to respond to the needs of the country’s youth by providing a broad framework within which all stakeholders can contribute comprehensively and in a coordinated manner...

by National Assembly of Bhutan | On 21 Jul 2014

New Government Gives Little Hope to Children: Budget for Children 2014-15

Children have been given only 4.6 per cent of the total budget of 2014 -15. In fact the share of children in has decreased. Is this the Finance Minister’s gift to children on India?

by HAQ Centre for Child Rights HAQCRC | On 17 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

Union Budget 2014 - Education, Employment and Skill Building

According to Census estimates, more than half the population of the country, 51.8 per cent, to be precise, is less than 35 years of age, while the population in the critical demography category of 18-...

by Nandini Bhattacharya | On 16 Jul 2014

Vital Stats: Union Budget 2014-15

The Minister of Finance, Mr. Arun Jaitley, presented the Union Budget 2014-15 to Parliament on July 10, 2014. In this context, some statistics related to budget expenditures, receipts and deficits.

by Saumya Vaishnava | On 16 Jul 2014

BCIM Economic Corridor: Prospects and Challenges

Given the commonalities in terms of history, culture, languages and trade complementarity in many cases, the Bangladesh-China-India-Myanmar (BCIM) Corridor is a win-win arrangement. The linkages of tr...

by Pravakar Sahoo | On 15 Jul 2014

State of the Economy: Economic Survey Report

In 2014-15, the Indian economy is poised to overcome the sub-5 per cent growth of gross domestic product (GDP) witnessed over the last two years. The growth slowdown in the last two years was broad ba...

by Planning Commission | On 10 Jul 2014

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

Why India Needs the Women’s Reservation Bill

Nine out of ten parliamentarians in India are men. Such dismal figures reveal the lasting grip of unfavourable social norms. Women’s disadvantage on a complex set of social and economic factors effect...

by Lucy Dubochet | On 17 Jun 2014

PRS Legislative Research: Annual Policy Review-April 2013 – March 2014

The PRS Annual Policy Review aims to capture the key legislative and policy developments in India during the fiscal year 2013-14. The objective of this document is to summarise all the major devel...

by Parliamentary Research Service PRS | On 05 Jun 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

Dynamic Effects of Microcredit in Bangladesh

This paper uses long panel survey data spanning over 20 years to examine the dynamics of microcredit programs in Bangladesh. With the phenomenal growth of microfinance institutions representing...

by Shahidur R. Khandker | On 26 Apr 2014

Market Opportunitiesin Environmental Goods And Services, Renewable Energy,Carbon Finance And CATS

The report considers the general market opportunities presented in the selected countries. It is based on desk research that drew on the most readily available and accessible information sourced from...

by UK DEVELOPMENT | On 12 Mar 2014

Measuring Value In Global Value Chains

This paper compares alternative ways of measuring participation of a country in Global Value Chains (GVCs) and estimates distribution of gains between countries in terms of Countries' shares in total...

by Rashmi Banga | On 10 Mar 2014

Human Rights and Public Finance: Budgets and the Promotion of Economic and Social Rights

Is there sufficient allocation for children in the budgets? [HAQ CRC].

by Enakshi Ganguly Thukral | On 05 Mar 2014

Illness and Injury as Contributors to Bankruptcy

In 2001, 1.458 million American families filed for bankruptcy. To investigate medical contributors to bankruptcy, we surveyed 1,771 personal bankruptcy filers in five federal courts and subsequently c...

by Himmelstein DU | On 04 Mar 2014

Vital Stats: Performance of Parliament during the15th Lok Sabha

Over its five year term, the 15th Lok Sabha was disrupted frequently and witnessed a decline in time spent on legislation and oversight of the government. Disruptions over the allocation of 2G spectru...

by Kusum Malik | On 25 Feb 2014

Revival of Mining Sector in India: Analysing Legislations and Royalty Regime

This paper on the mining sector is an attempt to analyse the sector, in particular, at its competitiveness. Against the backdrop of the Planning Commission’s High-level Committee Report on National Mi...

by Lekha Chakraborty | On 05 Feb 2014

Urbanization beyond Municipal Boundaries: Nurturing Metropolitan Economies and Connecting Peri-Urban Areas in India

This study identifies three priority areas for India's policymakers as they try to harness economic efficiency and manage spatial equity associated with urbanization. First, to enhance productivity, i...

by World Bank | On 28 Jan 2014

Financing Infrastructure in Bangladesh – Some Options

This paper seeks to outline the infrastructure needs of Bangladesh with respect to domestic sources of finance. While infrastructure encompasses energy, transportation, telecommunications, water and...

by Ishraq Ahmed | On 22 Jan 2014

India’s Regional Security Cooperation: The Nehru Raj Legacy

The paper explores the logic of continuity in independent India’s security policy from where the British Raj had left off. Much like the Raj, Nehru’s India sought to provide security to its smaller ne...

by prashant kumar | On 21 Jan 2014

Economics of Migration and Remittances: A Review Article

The aim of this paper is to analyse the different generations of migration theory and remittances from the development economics perspective, examining in particular the dichotomy between economic a...

by Puja Guha | On 02 Jan 2014

The Nature of the Beast: What Behavioral Economics is Not

There are many misconceptions on what behavioral economics is. This is essay clearly says what is behavioral economics. [CGD essay].

by Matthew Darling | On 11 Dec 2013

Migrants' Private Giving and Development: Diasporic Influences on Development in Central Gujarat, India

The paper addresses the migration-development debate by developing a framework for understanding who are the migrants, what they are sending back, and how these transfers are being utilised in the lo...

by Puja Guha | On 28 Nov 2013

Regional Cooperation on the Ganga Basin: Yet a mirage?

Ganges is one of the important rivers of South Asia. It is a trans-boundary river between India and Bangladesh. Some rivers, originating in the Tibetan Autonomous region of the People's Republic of Ch...

by Dwarika Dhungel | On 15 Nov 2013

In Search of Inclusion: Informal Sector Participation in a Voluntary, Defined Contribution Pension System

This paper examines who contributes and who persists in contributing in a national, voluntary, defined contributory pension program, where the government provides the incentive of matching contributi...

by Renuka Sane | On 28 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

A Study on Fiscal Space

In the study states’ finances is analysed to see whether all states have been able to create a fiscal space and whether their fiscal capacities have increased over time. Then the states’ spending is l...

by Kim Robin | On 23 Sep 2013

Measuring International Remittances in India: Concepts and Empirics

India is the top remittance receiving nation in the world. The international remittance receipts in India have grown at an impressive rate of 300 per cent during the past decade. Understanding the tru...

by Puja Guha | On 13 Sep 2013

Vital Stats: Parliament in the Monsoon Session 2013

The Monsoon Session ended with the passage of Bills on food security, land acquisition, companies, and pension. During the session, significant time was lost due to frequent disruptions over issues su...

by Kusum Malik | On 12 Sep 2013

Statement by Dr. Raghuram Rajan

Statement by Dr. Raghuram Rajan on taking office on September 4, 2013. [RBI Press release].

by Sabeeta Badkar | On 05 Sep 2013

Death of a Rationalist Crusader

The murder of Narendra Dabholkar is emblematic of the deep fear of knowledge and its democratization.

by Amit Sengupta | On 23 Aug 2013

Essays on Banking

This thesis comprises three essays on various aspects of the relationship between a firm or a country and its creditor banks. The first essay focuses on a firm's choice between borrowing from banks an...

by Raghuram G. Rajan | On 19 Aug 2013

Asia: ‘The Explosive Transformation’

There is a growing literary assessment of the ideology and practice of Asian capitalism. In Sea of Poppies and River of Smoke, the first two volumes of a projected trilogy of novels, Amitav Ghosh pano...

by Pankaj Mishra | On 10 Aug 2013

The Companies Bill, 2012

A bill to consolidate and amend the law relating to companies. [Ministry of Corporate Affairs]. URL:[http://www.mca.gov.in/Ministry/pdf/The_Companies_Bill_2012.pdf].

by Ministry of Corporate Affairs GOI | On 09 Aug 2013

Breaking New Ground: Enacting a National Land Use Policy

With only a total land area of 30 million hectares and a population of 92.3 million growing at an average rate of 2.12 percent, how should the Philippines allocate a very scarce and important resource...

by Senate Economic Planning Office SEPO | On 24 Jul 2013

Mumbaikars’ last supper

The National Food Security Bill is all set to become an Act/ordinance and give legal entitlement to the citizens of the country to food. However the Bill does not define what food security is; but sim...

by Mousumi Das | On 19 Jul 2013

Draft National Sports Development Bill, 2013

To provide for promotion and development of sports and welfare measures for sportspersons, promotion of ethical practices in sports (including elimination of doping practices, fraud of age and sexual...

by Ministry of Youth and Sports Affairs YAS | On 12 Jul 2013

Food Security Bill: Time To Act

The basic objective of the Congress led- United Progressive Alliance (UPA) government’s proposed Food Security Bill is to address the acute problems of hunger and malnutrition in India. Despite of hav...

by Niranjan Chichuan | On 28 Jun 2013

Vital Stats: Parliament Budget Session 2013

Parliament convened for the Budget Session 2013 for 32 days between February 21 and May 8. Both Houses were adjourned sine die on May 8, two days ahead of the planned schedule. There was a month long...

by Priya Soman | On 03 Jun 2013

Amended National Food Security Bill Introduced in Lok Sabha

Minister for Food and Consumer Affairs K.V. Thomas introduced the amended National Food Security Bill in Lok Sabha on Thursday. The Bill was introduced in the Lok Sabha on December 22, 2011, to addre...

by Anonymous | On 27 May 2013

Disability and Gender: The Case of the Philippines

Addressing gender gaps is a major development objective anywhere in the world. This paper aims to illustrate that this is far more critical in the presence of another social layer –disability. Among p...

by Christian Mina | On 24 May 2013

Water in India: Situation and Prospects

This report attempts to provide a comprehensive analysis of the state of water resource development and management in India, based on secondary information. It maps the current challenges and sugg...

by Anjal Prakash | On 30 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

Estimating Losses to Customers on Account of Mis-selling Life Insurance Policies in India

This paper presents two approaches that use publicly available data to estimate the loss to investors from mis-selling of insurance products. The first approach uses the number of lapsed policies fro...

by Monika Halan | On 12 Apr 2013

Promoting Democracy in Myanmar: Political Party Capacity Building

The importance of the political parties in Myanmar and their role as the creators of the future of the country. The course of the present developments relies on the ability of the political parties....

by Aung Aung (IR) | On 09 Apr 2013

Employment Effects of Low-Skilled Immigrants in Korea

This study examines the impact of inflows of foreign workers on Korean natives’ economic performance – namely, employment – through the Employment Permit System, the basis of Korea’s system by which...

by Jungho Kim | On 03 Apr 2013

Federal Budget Pakistan: 2012-13

Budget speech by Minister of Finance. [Ministry of Finance]. URL:[http://www.finance.gov.pk/budget/budget_Speech_12_13.pdf].

by Minister of Finance Pakistan | On 22 Mar 2013

Repayment and Exclusion in a Microfinance Experiment

The experiment is designed to explore the effectiveness of such sanctions in improving repayment incentives. Groups of 10 members are provided with joint-liability loans for a specific investment pr...

by Jean Marie Baland | On 07 Mar 2013

Analysis of Railway Budget 2013

The Minister of Railways, Pawan Kumar Bansal, presented the Railway Budget 2013 to Parliament on 26th February. In his address, he commented on the performance of Railways in 2012-13 and laid out his...

by Vishnu Padmanabhan | On 28 Feb 2013

Nine years later…

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

by T.N. Ninan | On 27 Feb 2013

Target the Beneficiaries in the 2013-14 Budget

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

by Rudra Narayan Mishra | On 26 Feb 2013

Indian Special Economic Zones: The Difficulties of Repeating China’s Triumph

New Delhi launched its SEZ revolution in April 2000 to secure the country a two digit growth rate, copying from China what during the previous two decades proved to be an excellent strategy, this pa...

by Claudia Astarita | On 21 Feb 2013

Standing Committee on Food, Consumer Affairs and Public Distribution

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

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

The Companies Bill, 2011: FIfty-Seventh Report

According to the Ministry of Corporate Affairs, most of the recommendations made by the Committee in their earlier Report (21st Report) on the Companies Bill, 2009 have been accepted by the Government...

by Lok Sabha Secretariat | On 12 Feb 2013

Standing Committee on Finance on Companies Bill

The Companies Bill, 2009 was introduced on August 3rd 2009. The Standing Committee presented its report on August 31st 2010. The central government withdrew this Bill in the winter session of 2011. I...

by Parliamentary Research Service PRS | On 11 Feb 2013

The Companies Bill, 2011

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

by Parliamentary Research Service PRS | On 11 Feb 2013

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

The New Great Walls: A New Guide to China's Overseas Dam Industry, Second Edition

Chinese hydropower companies and banks are now the largest dam builders in the world. Chinese banks have stepped in to fill the gap left by traditional dam funders such as the World Bank. The Chines...

by International Rivers Network IRN | On 15 Jan 2013

Microfinance in Evolution: An Industry Between Crisis and Advancement

Following the international financial crisis that started in 2007, market growth and MFI performance started to deteriorate. Over the last decade the market has matured and become more efficient. Is...

by Cédric Lützenkirchen | On 14 Jan 2013

How to Tackle Food Insecurity in Asia

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

by Rudra Narayan Mishra | On 04 Jan 2013

Indian Antidumping Measures against China: Evidence from Monthly Trade Data

This paper provides a detailed analysis of trade flows between the two emerging economies and investigates on which type of products and in which sectors the Indian government applies antidumping m...

by Hylke Vandenbussche | On 23 Nov 2012

Foreign Investment in Farmland No Low-hanging Fruit

A key driver of foreign investment in land, food security is a challenge mankind has been confronted with in various times and places. Wherever human societies have developed, growing needs have led t...

by Claire Schaffnit Chatterjee | On 15 Nov 2012

Demographics, Labor Mobility, and Productivity

This paper considers two major issues that need to be treated as matters of urgency. First, internal (within country) migrations in the Asian (ACI) region are mostly undocumented and large. It is show...

by E J Wilson | On 05 Nov 2012

Diesel Pricing in India: Entangled in Policy Maze

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

by Mukesh Kumar Anand | On 17 Oct 2012

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

Legislative Brief: The National Food Security Bill, 2011

The National Food Security Bill, 2011 was introduced in the Lok Sabha by the Minister of Food, Consumer Affairs and Public Distribution on December 22, 2011. The Bill was referred to the Stand...

by Sakshi Balani | On 28 Sep 2012

On China’s Traditional Culture and Peaceful Development Strategy

This article discusses the cultural basis and origins of the idea of this strategy from the point of view of China’s traditional culture and historical development and analyzes the the reality of C...

by Wang Dewen | On 27 Sep 2012

Exposure Draft National Youth Policy 2012

The NYP 2012 is a step forward from the earlier Policy formulated in 1988 and, later, in 2003. It reaffirms commitment of the nation to the rights and holistic development of the young people of the c...

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

Vital Stats: Parliament in Monsoon Session 2012

Little business was transacted in the Monsoon Session of Parliament as protests over the CAG audit of coal block allocations regularly disrupted proceedings. Both houses fell significantly short of t...

by Devika Malik | On 12 Sep 2012

Recent Developments in Kerala State Finances

This paper covers recent trends in a series of broad indicators of the financial health of the Government of Kerala with its developmental policy as the backdrop. It examines fiscal balances in Kerala...

by Tapas K. Sen | On 30 Aug 2012

Budget 2012-13, Nepal

Statement Delivered by Finance Minister Mr. Barshaman Pun on 15 July 2012. URL:[http://www.mof.gov.np/ajw/uploads/uploaded_image/Main_text.pdf].

by Ministry of Finance, Government of Nepal | On 28 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

Network Structure and the Aggregation of Information: Theory and Evidence from Indonesia

A unique data-set from Indonesia is analysed to understand what individuals know about the income distribution in their village to test theories such as Jackson and Rogers (2007) that link informatio...

by Vivi Alatas | On 23 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

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

Constraints Faced by Industry in Punjab, Pakistan

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

by Syed Turab Hussain | On 08 Aug 2012

Agricultural Credit - Accomplishments and Challenges

Agriculture’s share in GDP is less than 15 per cent but it still remains the direct domain of over half of the population whose economic prospects are linked to the performance of agriculture. There a...

by Duvvuri Subbarao | On 03 Aug 2012

New Thinking on Corporate Bond Market in India

What are major factors behind underdevelopment of corporate bond market in India? One of the major bottlenecks to the development of this market lies in relatively larger costs of financing which diss...

by Sanjay Banerji | On 17 Jul 2012

Reexamining the Finance–Growth Relationship for a Developing Economy: A Time Series Analysis of Post-reform India

The cross-country empirical literature on the finance-growth relationship has debated three propositions: (i) financial deepening has a strong impact on the growth process; (ii) measures of financia...

by Sabyasachi Kar | On 13 Jul 2012

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

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

by Julyn S Ambito | On 12 Jul 2012

India's SEZ Policy

Over the last few decades India has emerged as an economic giant. In 2000 the Special Economic Zone (SEZs) policy became part of a strategy to maintain high growth and promote India’s manufacturing ...

by Ebba Mårtensson | On 11 Jul 2012

Intra- and Inter-national University-Industry Linkage and Innovation in Emerging Economies: Evidence from China

The different role of intra- and inter-national university-industry collaboration in industrial innovation in emerging economies are investigated. Based on a national firm-level survey database from...

by Xiaolan Fu | On 09 Jul 2012

Small Farmers in India: Challenges and Opportunities

This paper examines the roles and challenges of small holding agriculture in India. It covers trends in agricultural growth, cultivation patterns, participation of small holding agriculture, productiv...

by S. Mahendra Dev | On 06 Jul 2012

Cultural Proximity and Loan Outcomes

Evidence is presented to show that shared codes, religious beliefs, ethnicity - cultural proximity - between lenders and borrowers improves the efficiency of credit allocation. In-group preferential t...

by Raymond Fisman | On 05 Jul 2012

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

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

by Renuka Sane | On 19 Jun 2012

Analysis of Gender Wage Differential in China’s Urban Labor Market

This paper estimates the gender wage gap and its composition in China’s urban labor market using the 2009 survey data from the Chinese Family Panel Studies. Several estimation and decomposition meth...

by Biwei Su | On 01 Jun 2012

Asset Price Bubble and Banks: The Case of Japan

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

by Hossain Monzur | On 29 May 2012

Cambodia’s Hydropower Development and China’s Involvement

The research was undertaken to better understand the current policy and plans of the Cambodian government for the electricity sector; map the decision-making process; develop a greater understanding...

by Carl Middleton | On 25 May 2012

Vital Stats: Parliament Budget Session 2012

Parliament met for the Budget Session between March 16 and May 22 with a three-week recess in April. Both Houses met for 35 days each. A special sitting was convened on Sunday, May 13 to commemorate 6...

by Rohit Kumar | On 23 May 2012

Group Norms and the BRAC Village Organization – Enhancing Social Capital Baseline

This study used social capital as an organizing framework to capture VO members’ group behaviour, and their current status along programme activities. The study compared the status of intervention...

by Nayma Qayum | On 22 May 2012

Vital Stats: 60 Years of Parliament

On May 13, 2012 Parliament completes 60 years since its first sitting. To mark the occasion, a special sitting of both Houses has been organised on the day. Recently, there has been much public scru...

by Rohit Kumar | On 16 May 2012

The People’s Republic of China’s High-Tech Exports: Myth and Reality

The PRC’s leading position in high-tech exports is a myth created by outdated trade statistics which are inconsistent with trade based on global supply chains. It is argued that a value-added-based ap...

by Yuqing Xing | On 27 Apr 2012

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

The BRICS Report: A Study of Brazil, Russia, India, China, and South Africa with Special Focus on Synergies and Complementarities

Th is study, which is supported by the ministries of fi nance and the central banks of the BRICS, focuses on synergies and complementarities between the economies, highlighting their role as growth ...

by Ministry of Finance | On 18 Apr 2012

Brides for Sale: Cross-Border Marriages and Female Immigration

Every year, a large number of women immigrate as brides from developing countries to developed countries in East Asia. This phenomenon virtually did not exist in the early 1990s, but foreign brides...

by Daiji Kawaguchi | On 16 Apr 2012

Development Trajectory, Emission Profile, and Policy Actions: Thailand

Thailand has made significant progresses toward green and low-carbon development; however, there is a need to further address the issue. The country has to focus on the implementation of no-regret pol...

by Qwanruedee Chotichanathawewong | On 16 Apr 2012

Highlights of Madhya Pradesh Budget 2012-13

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

by Madhya Pradesh Government | On 04 Apr 2012

A Corporate Governance Index for Large Listed Companies in India

A Corporate Governance Index for 500 large listed Indian firms for the period from 2003 to 2008 is constructed. The index construction uses information on four important corporate governance mechan...

by Jayati Sarkar | On 04 Apr 2012

State Finances: A Study of Budgets of 2011-12

The budgetary data for 2011-12 indicates the commitment of States to carry forward fiscal correction, as evident from the emergence of revenue surplus after a gap of two years and consequent reductio...

by Reserve Bank of India RBI | On 03 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

The 2012 Budget Speech: Malaysia

Budget speech by Finance Minister. [Ministry of Finance, Malaysia]. URL:[http://www.treasury.gov.my/index.php?option=com_content&view=article&id=2008%3Abajet-2012&catid=87%3Acatbajet-tahunan&Itemid=19...

by Minister of Finance Malaysia | On 29 Mar 2012

Maharashtra Budget Speech 2012-13: Part I

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

by Maharashtra Government | On 27 Mar 2012

National Budget of Bhutan-2011-12

Budget speech by the Finance Minister of Bhutan. [Budget Speech]. URL:[http://www.mof.gov.bt/downloads/Budgetreport2012.pdf].

by Minister of Finance Bhutan | On 22 Mar 2012

BMC Budget 2012-13

Budget presented to Municipal Commissioner. . [BMC Annual Reports]. URL:[http://www.mcgm.gov.in/irj/go/km/docs/documents/MCGM%20Department%20List/Chief%20Accountant%20(Finance)/Budget/Complete%20Engli...

by Municipal Commissioner BMC | On 22 Mar 2012

Kerala Budget 2012-13

Minister for Finance, Sri. K. M. Mani presented his 10th Budget for the year 2012-13. The Kerala government raised the retirement age of government employees from 55 years to 56 years. [Budget Spe...

by Government of Kerala Govt | On 20 Mar 2012

Not the Remembered Country

The food security Bill's focus ignores changes in agriculture and eating habits. [BS editorial]. URL:[http://www.business-standard.com/india/news/t-n-ninan-notremembered-country/467874/].

by T.N. Ninan | On 19 Mar 2012

Budget for Children (BfC) in the Union Budget 2012-13

What the Budget of India, 2012-13 has got for children? [HAQCRC]. URL:[http://www.haqcrc.org/sites/default/files/BfC%202012-13_0.pdf].

by HAQ Centre for Child Rights HAQCRC | On 19 Mar 2012

Close Eye or Closed Eye: The Case of Export Misinvoicing in Bangladesh

The effect of export subsidies on the under-invoicing of exports in Bangladesh is analyzed. In a framework that allows for unobserved heterogeneity among importing countries and product specificities,...

by Pranav Kumar Gupta | On 16 Mar 2012

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

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

by Ministry of Finance China | On 15 Mar 2012

Outline of the 12th Five Year Plan: Plan for Development of Trade in Services

To greatly develop trade in services and realize the transition from a big trade country to a strong trade country, the 12th Five Year Plan is formulated based on Outline of the 12th Five Year Plan f...

by Ministry of Commerce China | On 15 Mar 2012

Forty Eighth Report on The Lok Pal Bill, 2011

The report includes a specific recommendation to categorically have a statutory provision imparting genuine independence to the CBI by declaring, for the first time, that it shall not be subject, on...

by Rajya Sabha | On 14 Mar 2012

The Union Budget: A Primer

This week, the finance minister presents a statement to Parliament of how much money the central government expects to raise in the next financial year, and how it will spend that money. The budget sp...

by Avinash Celestine | On 12 Mar 2012

Issues and Challenges with the Philippines' Public Corporate Sector

Government-ownedand- controlled corporations were initially created as solutions to market imperfections. It is ironic therefore, that in recent years, they have come to be seen as problems t...

by Senate Economic Planning Office SEPO | On 06 Mar 2012

Penance time

The time has come for the governmant to make up for its sins of the past three years. The Budget must be judged on whether it shows that the govt is in the mood to recognize its follies, and in a posi...

by T.N. Ninan | On 05 Mar 2012

Capital Accumulation and Convergence in a Small Open Economy

Outward-oriented economies seem to grow faster than inward-looking ones. Does the literature on convergence have anything to say on this? In the dynamic Heckscher-Ohlin-Samuelson model, with factor-pr...

by Partha Sen | On 28 Feb 2012

Terms of Trade and Its Implications: Bangladesh Perspective

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

by Mohammad Masuduzzaman | On 23 Feb 2012

Study on Impact of Micro Finance in Reduction of Domestic Violence Against Women

The main objective of the study is to investigate whether there is any evidence to support the view that the disbursement of micro finance to women reduces the incidence of domestic violence, and if...

by Institute of Social Studies Trust ISST | On 23 Feb 2012

Comparing the Technical Efficiency of Indian Banks Operating Abroad and Foreign Banks Operating in India: A Stochastic Output Distance Function Approach

The aim of this paper is to compare the technical efficiency of Indian Banks operating abroad and foreign banks operating in India and to investigate the effect of openness of the country, ownership...

by Vivek Kumar | On 08 Feb 2012

Bank Lending and Monetary Shocks: Evidence from a Developing Economy

This paper investigates the role of credit market frictions in the transmission of monetary shocks in Pakistan. First, using macro data, it is shown that banking spreads are countercyclical, even it i...

by M. Ali Choudhary | On 08 Feb 2012

Human Rights in Malaysia: Challenges and Constraints in the Malaysian Context

The paper discusses some of the main human rights areas of concern within Malaysia, over the years. [Working Paper Series No. 12]. URL:[http://www.ieas.unimas.my/images/stories/hirmanritom.pdf].

by Mohammad Hirman Ritom Abdullah | On 07 Feb 2012

Foreign R&D Centres in India: An Analysis of their Size, Structure and Implications

The study measures the contribution of MNCs to the generation of innovations from India. The focus is on innovations that are carried out in foreign R&D Centres. After having mapped out the size of...

by Rakesh Basant | On 06 Feb 2012

How is Financial Regulation Different for Micro- Finance?

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

by M Sahoo | On 03 Feb 2012

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

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

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

by Shehla Riza Arifeen | On 27 Jan 2012

A Study on Emigration Attitudes of Young Singaporeans (2010)

The study examines the intention to work abroad based on a representative sample of young Singaporeans residing in the city-state. Two thousand and thirteen Singaporeans between the age of 19 to 30 ye...

by Leong Chan Hoong | On 27 Jan 2012

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

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

Inefficiency and Abuse of Compulsory Land Acquisition: An Enquiry into the Way Forward

This paper focuses on two issues: the problems with the compulsory acquisition of land, and the regulatory and institutional impediments that obstruct voluntary land transactions. It is argued that an...

by Ram Singh | On 19 Jan 2012

Inter-connectedness of Banks and NBFCs in India: Issues and Policy Implications

The recent global financial crisis (2007-09) has clearly highlighted the gravity of high financial inter-connectedness within the financial system. In the Indian context, this brief study attempts to...

by Karunagaran A | On 05 Jan 2012

Can the Bill Bring Desired Outcomes?

The Land Acquisition, Rehabilitation and Resettlement Bill (LARR) is considered to be a flawed piece of legislation. An alternative method based on auction based pricing mechanism is suggested here.

by Maitreesh Ghatak | On 05 Jan 2012

Vital Stats: Parliament in 2011

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

by Rohit Kumar | On 02 Jan 2012

Right to Food Security Bill: Challenges and Opportunities

The financial implications of the food security bill can be questioned. But the Bill proposes to protect the citizens from hunger and improve the nutritional intake of women and children.

by Rudra Narayan Mishra | On 30 Dec 2011

Plan vs. Performance Winter Session – November 22 to December 29, 2011

This note lists the legislative business planned by Parliament and compares it with the actual performance during the Winter Session. [PRS Note]. URL:[http://www.prsindia.org/administrator/uploads/ge...

by Kusum Malik | On 30 Dec 2011

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

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

by Lok Sabha | On 30 Dec 2011

Strengthening Banking Regulation: Amending the BSP Charter

This Policy Brief discusses the proposed amendments to Republic Act No. 7653 (RA 7653). The first part briefly presents the mandate of the Bangko Sentral ng Pilipinas (BSP). It then describes the fi...

by Senate Economic Planning Office SEPO | On 29 Dec 2011

The Lokpal and Lokayukatas Bill, 2011-as passed by Lok Sabha

The bill as passed by Lok Sabha. URL:[http://www.prsindia.org/uploads/media/Lok%20Pal%20Bill%202011/Lokpal%20and%20Lokayuktas%20Bill%20as%20passed%20by%20LS.pdf].

by Parliamentary Research Service PRS | On 28 Dec 2011

The Evolving Dynamics of Global Economic Power in the Post-crisis World: Revelations from a New Index of Government Economic Power

This paper develops an index for measuring the economic power of governments viewed as entities in themselves. The basic idea is to encapsulate the economic representative power of a nation’s governme...

by Kaushik Basu | On 27 Dec 2011

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

This paper proposes to redefine food security in terms of protecting vulnerable populations from the structural violence of involuntary hunger. [NTS-Asia Research Paper No.6]. URL:[http://www.rsis.edu...

by Ben Shepherd | On 23 Dec 2011

Comparison of the Lok Pal Bill, 2011 and the Standing Committee Report on the Lok Pal Bill

The Department Related Standing Committee on Personnel, Public Grievances, Law and Justice tabled its 48th Report on the ‘Lok Pal Bill, 2011’ on December 9, 2011. The Bill was introduced in the Lok Sa...

by Kaushiki Sanyal | On 23 Dec 2011

Union Power November 2011

The three year journey of the G-20 Heads of Government Summit from Washington in 2008 to Paris this November is signified by two markers of the depth of the global capitalist crisis. First, that the c...

by Louise Ross | On 14 Dec 2011

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

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

by Catherine Shu Ling Tan | On 08 Dec 2011

Report Summary: Standing Committee on Commerce Report on FDI in Retail Sector (June 2009)

The Parliamentary Standing Committee on Commerce examined the subject of Foreign and Domestic Investment in the Retail sector beginning April 5, 2007 under the chairmanship of Dr. Murli Manohar Joshi....

by Anirudh Burman | On 05 Dec 2011

Legislative Brief: The Pension Fund Regulatory and Development Authority Bill, 2011

The Pension Fund Regulatory and Development Authority Bill, 2011 was introduced in the Lok Sabha by Mr. Pranab Mukherjee, Minister for Finance on March 24, 2011. The Bill was referred to the St...

by M. R. Madhavan | On 01 Dec 2011

Legislative Brief: The Judicial Standards and Accountability Bill, 2010

The Judicial Standards and Accountability Bill, 2010 was introduced in the Lok Sabha on December 1, 2010. The Bill was introduced by the Minister of Law and Justice. The Bill was referred to the Stand...

by Anirudh Burman | On 30 Nov 2011

Legislative Brief: The Lok Pal Bill, 2011

The Bill establishes a body called the Lok Pal. It provides a process for receiving corruption complaints against public servants and investigating and prosecuting these in a time bound manner. The B...

by Kaushiki Sanyal | On 30 Nov 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

Publishing Construction Contracts as a Tool for Efficiency and Good Governance

Construction is a $1.7 trillion industry worldwide, much of which is linked to publicly financed projects. Outcomes from this financing are frequently suboptimal. Cost and time escalation, as well a...

by Charles Kenny | On 25 Nov 2011

Torture in India 2011

Torture in India series have been instrumental for bringing national and international spotlight on torture in india. The Government of India regrettably has been reluctant to address torture. It draf...

by Asian Centre for Human Rights ACHR | On 21 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 Pension Fund Regulatory and Development Authority Bill, 2011

A bill to provide for the establishment of an Authority to promote old age income security by establishing, developing and regulating pension funds, to protect the interests of subscribers to sche...

by Parliamentary Research Service PRS | On 17 Nov 2011

The Public Procurement Bill, 2011

An Act to regulate public procurement with the objective of maximising economy and efficiency, promoting competition among suppliers and contractors while ensuring a fair, transparent and equitable...

by Planning Commission | On 08 Nov 2011

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

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

by Changqi Wu | On 08 Nov 2011

German Companies Engaging in China: Decision-Making Processes at Home and Management Practices in Chinese Subsidiaries

This paper attempts to explain why internationalization processes to China are growing despite the significant difficulties that foreign direct investments into China encounter. The answer to this q...

by Geny Piotti | On 04 Nov 2011

Economic and Financial Developments in Goa

Goa is celebrating the Golden Jubilee Year of its Liberation. The recent economic achievements of the state are highlighted. The economic and financial structure of the state as well as the various fi...

by Deepak Mohanty | On 04 Nov 2011

Citizens Right to Grievance Redress Bill

Common man faces day-to-day hassles with regard to delivery of public services and corruption in service delivery. Currently inadequate institutionalised mechanism to address these problems. Lok Pal...

by Department of Administrative Reforms Public Grievances | On 03 Nov 2011

Coordination Under Uncertain Conditions: An Analysis of the Fukushima Catastrophe

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

by Masahiko Aoki | On 03 Nov 2011

Unilateral Carbon Border Measures: Key Legal Issues

Parties to the United Nations Framework Convention on Climate Change (UNFCCC) have been engaged in discussions on the future of the climate change regime. While the principle of “common but differenti...

by Anuradha R. V. | On 01 Nov 2011

The Pricing Problem of Public Transport in Kerala

The mainstay of the public transport system in Kerala is the private stage carriages (PSC), the economics of operation of which is the subject of this paper. The long run sustainability of the secto...

by Narayana D | On 28 Oct 2011

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

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

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

by Karunagaran A | On 17 Oct 2011

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

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

by Shubho Roy | On 17 Oct 2011

Urban Transport Sustainability Indicators – Application of Multi-view Black-box (MVBB) Framework

In a recent work Nathan and Reddy (2011a) have proposed a Multi-view Black-box (MVBB) framework for development of sustainable development indicators (SDIs) for an urban setup. The framework is flex...

by Hippu Salk Kristle Nathan | On 10 Oct 2011

Competition for Foreign Capital: Endogenous Objective, Public Investment and Tax

In this paper the objective functions of the regions as well as their decision to provide public investment are endogenized in a model of competition for foreign owned mobile capital. It is demonstra...

by Rupayan Pal | On 04 Oct 2011

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

Civil Service and Military Pensions in India

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

by Renuka Sane | On 26 Sep 2011

The Lok Pal Bill Debate: Lack of Accountability, not Anna Hazare's Fast, Should be the Focus

The paper analysis the current situation of corruption in India, the protests against it, the role of NGOs and the Lok Pal Bill

by Asian Centre for Human Rights ACHR | On 19 Sep 2011

The National Food Security Bill, 2011

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

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

The Land Acquisition Bill: A Critique and a Proposal

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

by Maitreesh Ghatak | On 12 Sep 2011

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

The Land Acquisition, Rehabilitation and Resettlement Bill, 2011

A bill to ensure a humane, participatory, informed consultative and transparent process for land acquisition for industrialisation, development of essential infrastructural facilities and urbanisa...

by Parliamentary Research Service PRS | On 08 Sep 2011

Plan vs. Performance: Monsoon Session – August 01 to September 08, 2011

This note lists the legislative business planned by Parliament and compares it with the actual performance during the Monsoon Session. URL:[http://www.prsindia.org/administrator/uploads/general/13154...

by Kusum Malik | On 08 Sep 2011

Evolution of Property Rights Regimes in the Groundwater Economy of India-Constraints on Moving Towards a Common Property Regime

The paper paper reviews the 'model' central and state government bills, pertaining to groundwater, through a conceptual framework and discusses the Andhra Pradesh experience in the developing governme...

by G.Ananda Vadivelu | On 30 Aug 2011

Status of Micro Finance 2009-10

The data presented covers information relating to savings of Self Help Groups (SHGs) with banks as on 31 March 2010, loans disbursed by banks to SHGs during the year 2009-10, loans outstanding of th...

by National Bank for Agriculture and Rural Devt NABARD | On 29 Aug 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

The Gender Implications of Large-Scale Land Deals

Whether viewed as “land grabs” or as agricultural investment for development, large-scale land deals by investors in developing countries are generating considerable attention. However, investors,...

by Julia Behrman | On 29 Aug 2011

Comparison between the Lokpal Bill introduced in the Lok Sabha and the Jan Lokpal Bill

A note comparing the key features of the Lok Pal Bill, 2011 introduced on August 4, 2011 and the Bill prepared by civil society representatives in the Joint Drafting Committee. URL:[http://www.prsind...

by Parliamentary Research Service PRS | On 26 Aug 2011

The Jan Lokpal Bill, 2011

Bill to establish an independent authority to investigate offences under the Prevention of Corruption Act, 1988 to detect corruption by expeditious investigation and to prosecute offenders and to ensu...

by Parliamentary Research Service PRS | On 26 Aug 2011

Trans-border Identities: (A Study on the Impact of Bangladeshi and Nepali Migration to India)

This paper deals with migration into India from adjoining neighbours and its impact on security and other issues of national interest. Unlike other studies on migration, it focuses on the ethnic ident...

by Subhakanta Behera | On 26 Aug 2011

The Insider: Parasite or Legitimate Profit-Maker?

In the lore of finance and investing, the insider takes his place alongside embezzlers, frauds, and all other varieties of scam artists. He uses privileged knowledge gained from executive friends tol...

by Mark Miller | On 24 Aug 2011

The Controversial Vaccine Is HPV a Public Health Concern?

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

by Gopal Dabade | On 24 Aug 2011

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

Identifying Systemically Important Financial Institutions (SIFIs)

In this study the analytical framework for identifying and benchmarking systemically important financial institutions is discussed. First, the main concepts underlying the SIFI definition are laid out...

by Christian Weistroffer | On 12 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

The Draft National Land Acquisition and Rehabilitation and Resettlement Bill, 2011

The draft Bill puts in place a new institutional mechanism to ensure that the Rehabilition and Resettlement (R&R) provisions are implemented effectively as an integral part of land acquisition.

by Ministry of Rural Development GOI | On 10 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

Parliament Session Alert: Monsoon Session: August 01 – September 08, 2011

Parliament meets for the Monsoon Session between August 01 and September 08, 2011. There will be a total of 26 sittings. The agenda for government Bills includes 35 pending Bills for consideration...

by Kusum Malik | On 01 Aug 2011

Proposals of Working Group for Consideration of NAC-II: Suggestions for Land Acquisition (Amendment) Bill 2009 and Resettlement and Rehabilitation Bill, 2009

Land acquisition and involuntary displacement continue to result in great distress and resistance – and often violence – in many parts of the country. NAC-I had reflected carefully on these issues, an...

by National Advisory Council NAC | On 26 Jul 2011

Consultation Paper on Mobile Value Added Services

TRAI has initiated this consultation paper suo-motu focusing on future looking regulatory framework for provisioning of Mobile Value Added Services. URL:[http://www.trai.gov.in/WriteReadData/trai/uplo...

by Telecom Regulatory Authority of India (TRAI) | On 26 Jul 2011

Prevention of Communal and Targeted Violence (Access to Justice and Reparations) Bill, 2011

The Bill intends to create a framework for prevention and control of communal and sectarian violence. It also aims to provide relief to victims of such violence. URL:[http://nac.nic.in/pdf/pctvb_amend...

by | On 22 Jul 2011

Prevention of Communal and Targeted Violence (Access to Justice and Reparations) Bill, 2011

The Bill intends to create a framework for prevention and control of communal and sectarian violence. It also aims to provide relief to victims of such violence. URL:[http://nac.nic.in/pdf/pctvb_amend...

by | On 22 Jul 2011

Final Report on the Functioning of Anganwadi Centres in Assam and Meghalya

In the states of Assam and Meghalaya the ICDS project has been in operation since 1980. Assam and Meghalaya have a total of 26,000 AWCs of which 2,218 are located in seven districts of Meghalaya and t...

by Government of India Ministry of Women and Child Development | On 19 Jul 2011

THE LOKPAL BILL, 2011

A bill to provide for the establishment of the institution of Lokpal to inquire into allegations of corruption against certain public functionaries and for matters connected therewith. URL:[http://www...

by Parliamentary Research Service PRS | On 19 Jul 2011

EGoM cleared the Draft National Food Security Bill

The empowered group of ministers on food on Monday approved the draft National Food Security Bill, bringing the ambitious social security programme that guarantees highly subsidized food grains to abo...

by Economic Times ET | On 12 Jul 2011

Barriers to Household Risk Management: Evidence from India

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

by Shawn Cole | On 06 Jul 2011

Understanding Foreign Direct Investment in East Asia

The authors recount East Asia's experience with foreign direct investment (FDI). They document that, contrary to the Rybczynski theorem, capital flows in the region cause the host country's labor-inte...

by Willem Thorbecke | On 04 Jul 2011

Report of Fact-finding Team on Threat of Displacement of Naga River Village [Kabo Leikai], Imphal

National Integration Council member and Secretary General of All India Christian Council, Dr. John Dayal appeals Indian National Congress President Mrs Sonia Gandhi to intervene Manipur government’s t...

by All India Christian Council | On 04 Jul 2011

Tailored Aid for a Tailored Age?

In this short essay, senior fellow David Wheeler compares the world’s foreign assistance architecture to how the rest of the world operates in the digital age. He suggests that multilateral and bilat...

by David Wheeler | On 24 Jun 2011

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

The Financial Crisis of 2008 and the Developing Countries

Following the financial crisis that broke in the US and other Western economies in late 2008, there is now serious concern about its impact on the developing countries. The world media almost daily...

by Wim Naudé | 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

Aggregate Net Financial Flows to India: The Relative Importance of Private Loan vis-a-vis Foreign Direct Investments

In recent years perhaps in a un-precendented fashion development relating to India's external sector have captured the undivided attention of domestic as well as foreign observers. In India considerab...

by Sunil Mani | On 03 Jun 2011

Globalization Crises, Trade, and Development in Vietnam

Vietnam has been among the most successful East Asian economies, especially in weathering the external shocks of recent globalization crises—the 1997-98 Asian financial crisis and the 2008-09 great...

by Philip Abbott | On 02 Jun 2011

Aid Supplies Over Time: Accounting for Heterogeneity, Trends, and Dynamics

The recent financial crisis has rekindled interest in the foreign aid supply behaviour of bilateral donors. Using the latest data covering the period 1960-2009, this paper examines how such behaviou...

by Sam Jones | On 01 Jun 2011

The Future of Development Finance

Development finance is at a turning point. There is talk about a “triple revolution of goals, actors and tools.” As much of Asia grows its way out of poverty, aid will increasingly be focused on Afr...

by Nemat Shafik | On 13 May 2011

Impact and Sustainability of SHG Bank Linkage Programme

Microfinance programmes are known for their potential to generate income and employment and alleviate poverty in developing countries. They are considered for an important approach to poverty alleviat...

by National Council of Applied Economic Research | On 13 May 2011

Ministry of Finance and Planning Annual Report

This paper contains the annual report of Ministry of Finance and Planning, Government of Sri Lanka. URL: [http://www.treasury.gov.lk/FPPFM/fpd/pdfdocs/annualreports/annualreport2009-eng.pdf]

by Ministry of Finance and Planning, Govt of Sri Lanka | On 10 May 2011

Statement Delivered by Secretary of the Ministry of Finance

This paper presents the Statement Delivered by Mr. Krishna Hari Baskota, Secretary of the Ministry of Finance in the 44th Annual Meeting of the Board of Governors of the Asian Development in the capa...

by Ministry of Finance, Government of Nepal | On 09 May 2011

Federalism and Fiscal Reform in India

This paper attempts to analyse the experience of incentivising economic reforms at the state level through central transfers to states. It reviews the experiences of the central government introdu...

by M. Govinda Rao | On 09 May 2011

Order of Business or The 4th Session of the National Assembly

This paper presents the agenda of the fourth session of the National Assembly of Bhutan. URL: [http://www.nab.gov.bt/publication/104TH%20SESSION%20AGENDA.pdf]

by National Assembly of Bhutan | On 05 May 2011

Report of the Task Force on Plantations Sector

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

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

Guidelines for Human-Leopard Conflict Management

After careful consideration of the inputs received from a variety of stakeholders, the following framework guidelines are suggested for managing the humanleopard conflict situations in areas where l...

by Ministry of Environment and Forests GOI | On 22 Apr 2011

Statement by Governor, RBI

There have been significant developments in the global economy since we met in the fall of 2010. The IMF too has moved on several fronts under its mandate which has strengthened its position in a chan...

by Duvvuri Subbarao | On 20 Apr 2011

National Youth Policy 2010 (NYP 2010)

The NYP 2010 is a step forward from the earlier Policy formulated in 1988 and, later, in 2003. It reaffirms commitment of the nation to the holistic development of the young people of the country....

by Ministry of Youth and Sports Affairs YAS | On 19 Apr 2011

Unique Identity Project in India: A Divine Dream or a Miscalculated Heroism?

This paper, tries to put the current Unique Identity Project (UID) project of India into a perspective to evaluate the set of issues and concerns, as pointed by various stakeholders and try to under...

by Rajanish Dass | On 19 Apr 2011

Maharashtra Budget 2011-2012 Part I

Part I of the Budget speech by Finance Minister

by Maharashtra Government | On 18 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

Corruption Cases against Government Officials

The agitation led by Anna Hazare has focussed on the formation of a Lok Pal to address the issue of corruption. Some data on the existing systems of identifying and prosecuting cases of corruption a...

by Rohit Kumar | On 13 Apr 2011

Financial Regulatory Harmonization in East Asia: Balancing Domestic and International Pressures for Corporate Governance Reforms

Focusing on corporate governance, which many see as a critical part of the 1997 Asian financial crisis, and which is also seen as unresponsive to calls for change, this paper argues that such harmoniz...

by Richard W Carney | On 12 Apr 2011

How to Read the Budget

This note is intended as a brief guide on how the budget papers are organised, and how to find the exact information that a reader wants (expenditure on a particular scheme of interest, or total budge...

by Avinash Celestine | On 12 Apr 2011

Comments from HAQ:Centre for Child Rights

The Protection of Children from Sexual Offences Bill, 2011

by HAQ Centre for Child Rights HAQCRC | On 08 Apr 2011

The Lokpal Bill, 2010

A bill to provide for the establishment of the institution of Lokpal to inquire into allegations of corruption aganist public functionaries and for matters connected therewith.

by IRIS India IRIS | On 08 Apr 2011

Issues Related to the Lok Pal Bill

In January 2011, the government formed a Group of Ministers, chaired by Shri Pranab Mukherjee to suggest measures to tackle corruption, including examination of the proposal of a Lok Pal Bill.

by Kaushiki Sanyal | On 08 Apr 2011

Economic Survey 2010-11

This paper contains the economic survey report for the state of Haryana. URL: [http://web1.hry.nic.in/budget/Economic%20Survey%202010-11.pdf]

by Haryana Government | On 06 Apr 2011

Presentation - Managing Foreign Exchange Reserves During and After the Crisis

This presentation was given at the Managing Foreign Exchange Reserves in the Crisis and After Seminar by Robert N. McCauley, which was held in Tokyo, Japan on 15 March 2011. URL: [http://www.adbi.org/...

by Robert N. McCauley | On 06 Apr 2011

Hong Kong's Anti-Terrorism Measures Under Fire

Following behind other jurisdictions, Hong Kong tabled its post September 11th anti-terrorism legislation for first reading on April 17, 2002. The United Nations (Anti-Terrorism Measures) Bill (herein...

by Simon N.M. Young | On 05 Apr 2011

Deficit Fundamentalism vs Fiscal Federalism: Implications of 13th Finance Commission’s Recommendations

The important recommendations of the Thirteenth Finance Commission (THFC) can be categorised under the following heads: • Enhanced vertical devolution from 30.5 to 32 per cent of divisible pool of ...

by Pinaki Chakraborty | On 31 Mar 2011

Budget 2011-12, Meghalaya

Budget 2011-12 presented by the Finance Minister.

by Government of Meghalaya Govt | On 28 Mar 2011

Parliament Session Wrap: Budget Session – February 21 to March 25, 2011

Nine legislative Bills were introduced during the session. Five Bills were passed and one Bill was withdrawn during the session. Several hours were lost due to interruptions on the issues of appointme...

by Kusum Malik | On 28 Mar 2011

Cabinet Approves Bill to Protect Children Against Sexual Crimes

The Union Cabinet on Thursday approved a watershed bill to protect children below the age of 16 against sexual offences, aimed at speedy trail through special courts and having a legal regime at par w...

by Chetan Chauhan | On 26 Mar 2011

The Protection Children from Sexual Offences Bill, 2011

Current Status of the Bill: Pending URL:[http://prsindia.org/uploads/media/children%20against%20sexual%20offences.pdf].

by Parliamentary Research Service PRS | On 25 Mar 2011

The Institutes of Technology (Amendment) Bill, 2010

A BILL further to amend the Institutes of Technology Act, 1961. URL: [http://prsindia.org/uploads/media/Institute%20of%20Technology%20Bill%202010.pdf].

by Parliamentary Research Service PRS | On 25 Mar 2011

The Banking Laws (Amendment) Bill, 2011

A BILL further to amend the Banking Regulation Act, 1949, the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970 and the Banking Companies (Acquisition and Transfer of Undertak...

by Parliamentary Research Service PRS | On 23 Mar 2011

Economic Survey, 2010-11, Maharashtra

State income, public finances, agriculture and animal husbandry, education, health, population etc are given importance in the economic survey. URL: [http://mahades.maharashtra.gov.in/files/publicatio...

by Maharashtra Government | On 23 Mar 2011

Reforming Indirect Taxes in India : Role of Environmental Taxes

Extensive reforms of India's indirect taxes at the central and the state levels has prepared the necessary ground for the implementation of a comprehensive goods and services tax (GST). The Empowere...

by D K Srivastava | On 23 Mar 2011

Locational Determinants of Acquisitions from China and India:The Role of Human Capital

MNEs are increasingly seeking to augment, as well as exploit, their global competitive advantage. Foreign direct investments are being directed to augmenting the competitive ownership specific...

by De Beule Filip | On 23 Mar 2011

Foreign Direct Investment in East Asia and Latin America: Is there a People’s Republic of China Effect?

In recent years, the People’s Republic of China (PRC) has emerged as the world’s largest recipient of foreign direct investment (FDI). Many analysts and government officials in the developing world...

by Busakorn Chantasasawat | On 22 Mar 2011

Link between Exporting and Productivity: Firm Level analysis for Indian Chemical Industry

The objective of the paper is to test the empirical regularity that exporters are more productive than non-exporters in India. TFP is calculated from the Cobb-Douglas Production function using a fixe...

by Vinish Kathuria | On 21 Mar 2011

Issues Before the Eleventh Finance Commission: Presented and Discussed at the Seminar on The Issues Before the Eleventh Finance Commission

In their tasks to fulfill their constitutional obligations, the Eleventh Finance Commission have to face and solve two broad group of issues. The first relates to the basic principles that ought to go...

by Chelliah Raja J | On 21 Mar 2011

Managing Common Pool Resources for Poverty Reduction in Tribal Areas of Eastern India

The main objectives of the study were to analyze the role of non-timber forest products in poverty alleviation in Chhattisgarh; to examine the system of governance, institutional framework and prog...

by R S Deshpande | On 17 Mar 2011

Do Interest Rates Matter? Credit Demand in the Dhaka Slums

The advent of microfinance lending in the last two decades has been hailed as a key development in the fight against poverty. The New York Times (1997), for example, on its editorial page, has promote...

by Rajeev Dehejia | On 17 Mar 2011

Sri Lanka Budget 2011-12

Budget speech by Finance Minister.

by Ministry of Finance and Planning Sri Lanka | On 17 Mar 2011

Budget 2011-12, Punjab

Budget speech by Finance minister. URL:[http://punjabgovt.nic.in/departments/Budget/budget/budget.htm].

by Government of Punjab | On 16 Mar 2011

Cambodia enters the WTO: Lessons learned for Least Developed Countries

The Government of the Kingdom of Cambodia applied for accession to the World Trade Organization in October 1994. At its meeting on 21 December 1994, the Preparatory Committee for the WTO establishe...

by Sok Siphana | On 16 Mar 2011

Budget 2011-12, Rajasthan

Budget speech by Finance minister. URL:[http://www.finance.rajasthan.gov.in/speech/budget2011.shtm].

by Rajasthan Government | On 15 Mar 2011

Counting the Costs of Vehicular Pollution in Dhaka, Bangladesh

Dhaka, like so many other cities in South Asia, is struggling to cope with traffic congestion and air pollution. This policy brief examines the economic costs associated with illness caused by traf...

by Tanzir Ahmed Chowdhury | On 15 Mar 2011

Track Record of Microfinance for the Poor

Major investments have been made in developing microfinance in Asia with reducing poverty as one of the frequently stated objectives. A variety of institutional forms of microfinance are being introdu...

by Richard Meyer | On 14 Mar 2011

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

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

by Amelia U. Santos Paulino | On 11 Mar 2011

The Miracle of Microfinance? Evidence from a Randomized Evaluation

Microcredit has spread extremely rapidly since its beginnings in the late 1970s, but whether and how much it helps the poor is the subject of intense debate.This paper reports on the first randomize...

by Abhijit Banerjee | On 10 Mar 2011

Future Role of Foreign Banks in Asia

Although the Asian Crisis has brought consensus on the necessity of strong domestic financial systems, there is less agreement as to the role of foreign banks in achieving the goals of economic grow...

by Heather Montgomery | On 10 Mar 2011

Gender Responsive Budgeting: The Case of Kerala

This paper we make an attempt to understand and analyze the budget from a gender perspective. The paper looks into the different areas of allocations, how far it is ‘pro woman’ budget or a ‘gender re...

by Aleyamma Vijayan | On 08 Mar 2011

Round-Tripping Foreign Direct Investment in the People’s Republic of China

There is no doubt that part of foreign direct investment (FDI) inflows to the People’s Republic of China (PRC) FDI belongs to the return of Chinese capital that has gone abroad. The World Bank and o...

by Xiao Geng | On 08 Mar 2011

Draft of The Animal Welfare Act, 2011

Comments can be sent to animalwelfareact2011@gmail.com by March 20, 2011.

by Ministry of Environment and Forests GOI | On 07 Mar 2011

Draft National Food Security Bill: Explanatory Note

This Explanatory Note highlights the rationale and major considerations that form the basis of the NAC proposals on food security. It supplements (i) the NAC recommendations on food security relea...

by National Advisory Council NAC | On 04 Mar 2011

Failed States, Vicious Cycles, and a Proposal

The problems of failed states, including the repeated return to power of former warlords are examined. It is argued that this causes institutions to become weaker and people to get poorer. It is argue...

by Raghuram G. Rajan | On 04 Mar 2011

Madhya Pradesh Budget 2011-12

Budget speech by Finance Minister. URL: [http://www.mp.gov.in/finance/index.htm].

by Madhya Pradesh Government | On 04 Mar 2011

Orissa Budget 2011-2012

This paper contains the budget speech of Sri Prafulla Chandra Ghadai, Minister Finance, in the Orissa Legislative Assembly on the occasion of presentation of budget for the year 2011-2012. URL: [http:...

by Government of Orissa | On 03 Mar 2011

BMC Budget 2011-12

Budget presented to Municipal Commissioner

by Municipal Commissioner BMC | On 01 Mar 2011

Andhra Pradesh: Budget Speech 2011-2012

The Budget Speech by the State Finance Minister tabling the Finance Bill asserted that all welfare programmes like Rs.2 per KG rice, free power supply to the farmers, Rajiv Arogyasri, old age pensions...

by Sri Anam Ramanarayana Reddy | On 25 Feb 2011

Measuring Accuracy of Projections of Central Taxes by the Finance Commission

This paper looks at the quality of forecasts/assessments made by some of the recent Finance Commissions for the shareable central taxes and own tax revenues of selected states. The Commissions cover...

by D K Srivastava | On 22 Feb 2011

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

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

by P B Rakhe | On 22 Feb 2011

Mixed Duopoly and Environment

They show under general demand and cost conditions that in a mixed duopoly with pollution the government can (and will) implement the socially optimal outputs and abatements by a tax-subsidy scheme...

by Rupayan Pal | On 16 Feb 2011

Sustainability of External Development Financing to Developing Countries

External development finance consists of those foreign sources of funds that promote or at least have the potential to promote development in the destination countries if delivered in the appropriate...

by Matthew Odedokun | On 14 Feb 2011

Tamil Nadu Budget Speech

Tamil Nadu Budget Speech of the Finance Minister.

by Government of Tamil Nadu | On 14 Feb 2011

Kerala Budget 2011-12

The Minister for Finance, Dr. T. M. Thomas Issac presented the Budget for the financial year 2011-2012.

by Government of Kerala Govt | On 14 Feb 2011

Russia’s Quasi-Sovereign Debt: A Sizeable Contingent Liability

An overview of corporate and quasi-sovereign debt in Russia is provided. Fiscal sustainability in Russia in a broader framework analysed. Scenarios for public debt developments until 2020, also taking...

by Maria Arakelyan | 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

Report of the Sub-Committee of the Central Board of Directors of Reserve Bank of India to Study Issues and Concerns in the MFI Sector

While this growth is impressive, a number of studies both in India and abroad have questioned whether growth alone is effective in addressing poverty and what the adverse consequences of a too rapid g...

by Reserve Bank of India | On 30 Jan 2011

Presence of Foreign Banks in India

This discussion paper on the form of presence of foreign banks in India has been prepared taking into account, inter-alia, the lessons learnt from the recent global financial crisis and the practice...

by Reserve Bank of India | On 26 Jan 2011

Remittances and Financial Inclusion in Development

In this paper they focus on the relationship between remittance inflows and financial inclusion in developing countries. They present single equation estimates on remittances and financial inclusi...

by Helen S. Toxopeus | On 21 Jan 2011

On the Causal Links between FDI and Growth in Developing Countries

In this paper they analyse the Granger causal relationships between foreign direct investment (FDI) and GDP in a sample of 31 developing countries covering 31 years. Using estimators for heteroge...

by Henrik Hansen | On 18 Jan 2011

Rethinking Food Security Strategy: Self-sufficiency or Self-reliance

This Policy Brief discusses whether Bangladesh should continue to pursue a national food security strategy based on self-reliance or return to its earlier policy of food self-sufficiency through ...

by Uttam Kumar Deb | On 17 Jan 2011

Foreign Direct Investment in Small Island Developing States

The role of foreign direct investment (FDI) in small island developing states (SIDS) is an issue that has been neglected until relatively recently. The reasons for this lack of interest are unsurp...

by Robert Read | On 12 Jan 2011

The Race Against Drug Resistance

The Center for Global Development’s Drug Resistance Working Group urges pharmaceutical companies, governments, donors, global health institutions, health providers, and patients to collectively and...

by Rachel Nugent | On 10 Jan 2011

The Report of the Thirteenth Finance Commission Conundrum in Conditionalities

The focus of this paper is to examine the approach of the Commission in regard to its Terms of Reference (ToR) and analyse the recommendations relating to its main task, namely tax devolution and gr...

by M Govinda Rao | On 07 Jan 2011

Monetary Policy, Capital Flows, and the Exchange Rate

The use of monetary policy in India has been constrained by a loose fiscal policy and capital flows. Capital inflows have the potential to cause a Dutch Disease-type situation. The RBI has carried out...

by Partha Sen | On 06 Jan 2011

Financing SMEs and its Effect on Employment Generation: A Study of Brac Bank’s SME Lending

Financial and development assistance designed specially for small and medium enterprises in Bangladesh is a new and upcoming trend. After the surge of micro-finance in the last two decades, small and...

by Mehnaz Rabbani | On 05 Jan 2011

Transforming Conflict with an Economic Dividend: The Sri Lankan Experience

Peace can generate an economic dividend, which can be further increased by appropriate economic reform. This dividend can in turn be used to raise popular support for conflict resolution measures...

by Saman Kelegama | On 31 Dec 2010

Toward the Enhanced Effectiveness of Foreign Aid

At the very time that professional skepticism concerning the effectiveness of foreign aid has reached new heights, donors seem to be ready to substantially increase the volume of aid they are will...

by Gustav Ranis | On 30 Dec 2010

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

Integration of the Ultra Poor into Mainstream Development: How Effective is CFPR?

This paper aimed to understand the dynamics of participation of the TUP (Targeting the Ultra Poor) members of CFPR (Challenging the Frontiers of Poverty Reduction) phase I in the financial market sin...

by Raniya Shams | On 16 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

Parliament Session Wrap: Winter Session – November 09 to December 13, 2010

List of Bills passed, withdrawn, introcuced and pending during the Winter Session

by Kusum Malik | On 14 Dec 2010

Venture Capital and Micro-finance Instituted Business Plan for a School Edupreneur

The report is a study of possibilities for the institutionally disabled entrepreneurs to raise capital from private players like venture capitalists and micro-finance institutions.

by Mallika Chawla | On 13 Dec 2010

Cash on Delivery: A New Approach to Foreign Aid

Foreign aid often works, but it is often criticized for being ineffective or even for undermining progress in developing countries. This brief describes a new approach, Cash on Delivery Aid, which...

by Nancy Birdsall | On 13 Dec 2010

People’s Republic of China and its Neighbors: Partners or Competitors for Trade and Investment?

The very rapid economic growth of the People’s Republic of China (henceforth PRC), its dramatic success in world export markets and its heavy receipts of foreign direct investment (FDI) have generat...

by John Weiss | On 10 Dec 2010

Policy Principles for Expanding Financial Access

Despite the rapid growth in finance worldwide over the past quarter- century—now interrupted by the global financial crisis—many low-income households and small firms remain excluded from access to...

by Centre for Global Development | On 10 Dec 2010

More than Money: Impact Investing for Development

Much of development policy is geared toward increasing investment and creating the conditions that allow private capital flows to take the place of development assistance. The renowned development s...

by John Simon | On 10 Dec 2010

When index dissemination goes wrong: How fast can traders add and multiply?

This paper studies an episode of dissemination of wrong stock index values in real time due to a software bug in the Indian Nifty index futures market on the morning of January 18, 2006. The episod...

by Jayanth R Varma | On 01 Dec 2010

Commitment to Development Index 2010

The Commitment to Development Index (CDI) ranks 22 of the world’s richest countries on their dedication to policies that benefit the five billion people living in poorer nations. Moving beyond standar...

by David Roodman | On 29 Nov 2010

Economic Growth and Financial Depth: Is the Relationship Extinct Already?

Although the finance–growth nexus has become firmly entrenched in the empirical literature, studies that question the strength of the empirical results have appeared and seem to have become more f...

by Peter L. Rousseau | On 26 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

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

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

by Roghieh Gholami | On 22 Nov 2010

India's Twelfth Finance Commission:A View from Kerala

The focus of the paper is to review the Terms of Reference (TOR) of the Twelfth Finance Commission with special reference to Kerala. It also critically examines the emphasis on fiscal deficit reduct...

by K. P. Kannan | On 18 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

Social Responsibility of Indian Microfinance: A Critical Review

This paper discusses the issue of social responsibility of Indian microfinance using two theoretical streams from business social responsibility research – stakeholder theory and social contract the...

by Tara S Nair | On 15 Nov 2010

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

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

by Joshua Aizenman | On 08 Nov 2010

Incarnating into Cross-Cultural Values: An Effective way to Deliver Experiences

The present paper examines the cultural orientation of foreign students who secured admission in Osmania University (Andhra Pradesh, India) in terms of time orientation and event orientation, dichot...

by S. V. Satyanarayana | On 03 Nov 2010

The Challenges Posed by Globalization for Economic Liberalization inTwo Asian Transitional Countries: Laos and Vietnam

This paper examines the impact of globalization on two transitional economies in Asia. Both countries have undergone a radical economic reform process over the past decade, assisted by increases in...

by Nick. J Freeman | On 01 Nov 2010

Macroeconomic Impacts of Foreign Exchange Reserve Accumulation: Theory and International Evidence

Recently, a dramatic accumulation in foreign exchange reserves has been widely observed in developing countries. This paper explores the possible long-run impacts of this trend on macroeconomic variab...

by Shin-ichi Fukuda | On 01 Nov 2010

Equality or fairness?

A list put out by Forbes India says that India has 69 dollar-billionaires. That gives the country a near 7 per cent share of the world’s billionaires (said to total 1,011), whereas its share of world...

by T.N. Ninan | On 27 Oct 2010

External Economic Situation In India - Recent Trends and Policy Implications

This paper reviews the status of the external sector of the Indian economy. It is divided into 5 broad sections. Section I gives the trends of imports and exports, as well as the composition and dire...

by Archana S Mathur | On 26 Oct 2010

Drug Companies Should Be Held More Accountable for Their Human Rights Responsibilities

The PLoS Medicine Editors argue that drug companies should be held much more accountable for their human rights responsibilities

by PLoS Medicine | On 20 Oct 2010

China, India, Brazil and South Africa in the World Economy: Engines of Growth?

This paper attempts to analyse the economic implications of the rise of China, India, Brazil and South Africa, for developing countries situated in the wider context of the world economy. It exami...

by Deepak Nayyar | On 15 Oct 2010

Outsourcing Versus Foreign Direct Investment: A Welfare Analysis

Foreign direct investment may not necessarily be the most welfare enhancing form of international investment. The host country may avail options like – Joint venture, technology licensing, franchi...

by Arti Grover | On 11 Oct 2010

Towards an Economic Approach to Sustainable Forest Development

The present paper looks at the various dimensions of contributions by forests in the context of the Indian economy. Based on a detailed review of literature on importance and valuation of forests, s...

by Archana S Mathur | On 08 Oct 2010

Long Term Trends in the Growth and Structure of the Net State Domestic Product in Kerala

Kerala has been a model to other states for her achievements in social development. But in terms of economic growth her performance has for long been very poor and a matter of deep concern. In this...

by P. Mohanan Pillai | On 08 Oct 2010

Fiscal Management in Haryana: A Review

An attempt has been made to understand the factors leading to the worsening situation of the state finances. Investigations reveal that the revenue receipts of the state could not keep pace with ex...

by N K Bishnoi | On 05 Oct 2010

Public Debt Management in Sri Lanka-Performance in 2009 and Strategies for 2010 and Beyond

The information included in this publication covers the public debt management strategies adopted in 2009, the movements in debt stock during the year and the related costs and risks and the primar...

by Central Bank of SriLanka CBSL | On 30 Sep 2010

Promoting Learning and Industrial Upgrading in ASEAN Countries

This paper traces the effects of the “East Asian Miracle,” the 1997–1998 Asian Crisis, the recovery, and the 2008–2009 global financial crisis on ASEAN countries. It also considers how ASEAN countries...

by Willem Thorbecke | On 28 Sep 2010

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

Handbook on Nuclear Law: Implementing Legislation

Access to a well organized body of resource materials for helping States in drafting nuclear legislation is possible with the help of this handbook. [IAEA]. http://www-pub.iaea.org/books/IAEABooks/...

by Carlton Stoiber | On 17 Sep 2010

Higher Education in India: Seizing the Opportunity

This paper reviews the prevailing policy environment to evaluate its efficacy in ensuring that India is successfully able to address these challenges in the education sector. Given the well establishe...

by Sanat Kaul | On 17 Sep 2010

Joining the Fight Against Global Poverty: A Menu for Corporate Engagement

This paper speaks to companies seeking practical ways to alleviate global poverty. The private sector has several inherent competitive advantages to bring to bear in this effort through which they c...

by Staci Warden | On 15 Sep 2010

The Role of Technological Complexity and Absorptive Capacity in Internalization Decision

Technology transfer costs have a profound influence on the firm’s entry mode into a production sharing relationship. To explore this nexus, they associate technological complexity of the off-shored in...

by Arti Grover | On 14 Sep 2010

Economic Governance of MFIs: Inside the Black Box

This paper investigates a relationship between economic governance and the dual objectives of Microfinance Institutions (MFIs): poverty reduction and financial viability. Using an unbalanced pan...

by Thankom Arun | On 06 Sep 2010

Inspector Raj for Garment Export Business

The export of textiles from India accounts for about one-third of India’s total exports. What is more significant is that textiles as a group, is also the largest net foreign exchange earner in as...

by Avih Rastogi | On 01 Sep 2010

Sports Retailing in India: Opportunities, Constraints and Way Forward

Sports retail is a small but fast growing segment of modern retail in India. Recently, the country has been hosting many international sports and this has given a boost to this sector. Many foreign...

by Arpita Mukherjee | On 13 Aug 2010

Stakeholders, Bargaining and Strikes

In this paper they study bilateral bargaining problems with interested third parties, the stakeholders that enjoy benefits upon a bilateral agreement. We explore the strategic implications of this th...

by Paola Manzini | On 10 Aug 2010

What Singapore Can Learn from Indonesia

This report series is all about the growing recognition that Singapore can also learn from the experiences of Indonesia. [Report No.1]

by H.P. Desker | On 06 Aug 2010

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

Sand in the Wheels of International Finance: Revisiting the Debate in Light of the East Asian Mayhem

The turmoil that has characterised the global financial markets since the 1990s, and particularly the crisis in East Asia, has generated a great deal of support for proposals to add some frictions t...

by Ramkishen Rajan | On 21 Jul 2010

Political Economy of Directed Credit

Imagine you are a bank manager and you have to decide to whom you will lend money. One prospect is an industrial company and the other is a farmer. As someone who wants the largest possible profits,...

by Mark Miller | On 19 Jul 2010

Indian takeover regulation – under reformed and over modified

The takeover of substantial number of shares, voting rights or control in a listed Indian company attracts the provision of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations 1997. T...

by Sandeep Parekh | On 14 Jul 2010

Bridging the Gap: Improving Clinical Development and the Regulatory Pathways for Health Products for Neglected Diseases

There has been tremendous progress over the last decade in the development of health products for neglected diseases. These include drugs, vaccines, and diagnostics for malaria and tuberculosis, whi...

by Thomas J. Bollyky | On 08 Jul 2010

Fiscal Responsibility and Budget Management Bill 2000

The paper provides information about the Fiscal Responsibility and Budget Management Bill and also discuses some issues related to this bill.

by Shruti Rajagopalan | On 06 Jul 2010

Microfinance Engagements of the ‘Graduated’ TUP Members

This study takes a look at the beneficiaries who were selected at the first round in 2002 to explain various dimensions of their engagement with microfinance. With a lower borrower-member ratio and re...

by Munshi Sulaiman | On 02 Jul 2010

The Benefits of Regional Infrastructure Investment in Asia: A Quantitative Exploration

Capitalizing on recent estimates of infrastructure financing requirements in Asia, this paper frames a scenario for infrastructure development in the region and estimates the external effects of infra...

by Fan Zhai | On 30 Jun 2010

Sex Workers and Condom Use-the Political Economy of HIV/AIDS in Bangladesh

A study was undertaken in Madaripur brothel to understand condom use reality within the social context of the commercial sex workers' (CSW) lives in brothel and to critically analyze BRAC's HIV/AIDS...

by Raihana Karim | On 29 Jun 2010

The Distributive Impact of Reforms in Credit Enforcement: Evidence from Indian Debt Recovery Tribunals

It is generally presumed that strengthening the legal enforcement of lender rights increases credit access for all borrowers, by expanding the set of incentive compatible loan contracts. This presu...

by Ulf Lilienfeld Toal | On 28 Jun 2010

Estimating human resource requirements for scaling up priority health interventions in Lowincome countries of Sub-Saharan Africa: A methodology based on service quantity, tasks and productivity (THE QTP METHODOLOGY)

This study was carried out under the auspices of the LSHTM Health Economics and Financing Program, which, at the time of the work, received a research programme grant from DFID. The findings, conclu...

by Christoph Kurowski | On 25 Jun 2010

India-Japan Investment Relations:Trends & Prospects

Though Japan had been one of the top five investors in India for long, its share in India’s total FDI inflows has been dwindling since 2000. Other countries have surpassed Japan in terms of the...

by Geethanjali Nataraj | On 25 Jun 2010

Aid, Debt Relief and New Sources of Finance for Meeting the Millennium Development Goals

The Millennium Development Goals (MDGs) have lofty expectations regarding the impact of official development aid. Are these expectations valid? This paper surveys the literature on aid and growth...

by Tony Addison | On 21 Jun 2010

Quality and Coordination of Official Development Aid in Pakistan

Pakistan has historically received large volumes of aid but it has also faced an increasingly difficult task of aid coordination. In 2007, Pakistan received more than U.S.$2.2 billion in Official Deve...

by Abdul Malik | On 18 Jun 2010

Theun-Hinboun: Expanding Failure

The Theun-Hinboun Expansion Project – a dam and diversion project under construction in Central Laos – violates the Equator Principles and Lao law, according to this report. It documents how Lao villa...

by Ikuko Matsumoto | On 17 Jun 2010

Understanding Vietnam: A Look Beyond Facts and Figures

Vietnam's (re) discovery in recent years by the international investor community gives the country a second chance to become and Asia tiger. The article looks into the economic, social, political, per...

by Tamara Trinh | On 16 Jun 2010

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

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

by Mehnaz Rabbani | On 15 Jun 2010

Providing Microfinance and Social Space to Empower Adolescent Girls: An Evaluation of BRAC’s ELA Centres

Lately there has been a surge in the variety of approaches to assist the adolescents, specially the girls, in building up their lives and livelihoods. With financial assistance from Nike Foundation,...

by Rizwana Shahnaz | On 10 Jun 2010

Commercialisation of Microfinance in India: A Discussion on the Emperor’s Apparel

The paper looks at the growth and commercialization of microfinance in India. It starts out be looking at how the commercial microfinance has evolved internationally by discussing two specific ex...

by M S Sriram | On 08 Jun 2010

Affordability to Finance Poverty Reduction Programmes

This paper addresses the question of affordability to finance poverty reduction programs in a dynamic context. In doing so, it stresses the need for approaching the problem from a human rights perspec...

by Omar Haider Chowdhury | On 04 Jun 2010

Aid and Growth Have We Come Full Circle?

This paper first assesses the aid-growth literature with a focus on recent contributions. The aid-growth literature is then framed, for the first time, in terms of the Rubin Causal Model, applied...

by Channing Arndt | On 02 Jun 2010

Endogenous Skill Acquisition and Export Manufacturing in Mexico

This paper confirms that for Mexico over the period 1986-2000, the export sector pays higher wages than other sectors, but school drop out increases with the arrival of new export jobs. The workers...

by David Atkin | On 28 May 2010

All the PM's men

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

by T.N. Ninan | On 27 May 2010

Urban Governance and Finance in India

Over 330 million people live in India’s cities; 35 cities have a population of over a million and three (Mumbai, Delhi, and Kolkata) of the 10 largest metropolises in the world are in India. India’s...

by M. Govinda Rao | On 21 May 2010

Karnataka Budget 2010-11

Budget speech by finance minister of Karnataka

by Government of Karnataka GoK | On 05 Mar 2010

Now for the Hard Part

Cutting the deficit this year was the easy part; the real fiscal challenge lies ahead

by T.N. Ninan | On 03 Mar 2010

Railway Budget 2010-11

Railway Budget 2010-11.

by Mamata Banerjee | On 25 Feb 2010

Tax Devolution and Grant Distribution to States in India Analysis and Roadmap for Alternatives

The paper attempts to analyse the impact of devolution of taxes and distribution grants by the Centre to the States in India by taking fourteen major States for the time period 1980-81 to 2006-07. T...

by R Mohan | On 15 Feb 2010

Negotiating the Terms of A New Social Contract: Private Companies, Civil Society and the State in India

A detailed analysis of the stakes and dynamics at play in the public, civil and self-regulation of companies in India is offered. With the rapid growth and modernization of the country as the backdro...

by Damien Krichewsky | On 02 Feb 2010

Exchange Market Pressure and Monetary Policy

The objective of this study is to examine empirically the impact of monetary policy on exchange market pressure (EMP) in Bangladesh. EMP is measured as the sum of percentage change of international re...

by Sayera Younus | On 29 Jan 2010

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

Where Are India’s International Reserves Invested?

Most standard indicators suggest that India’s reserve stock is more than adequate. The rapid stockpiling of foreign exchange reserves implies that the RBI has been leaning-against-the-wind to keep dow...

by Ramkishen S. Rajan | On 25 Jan 2010

Microfinance and the Millennium Development Goals in Pakistan: Impact Assessment Using Propensity Score Matching

Using data from a survey of clients of a microfinance bank, Khushhali Bank, in 2005, the study revisited the survey data and found that despite the Bank’s strict poverty-targeting program used in cl...

by Sununtar Setboonsarng | On 25 Jan 2010

Book Review: Microfinance-Is it a means of Empowering Women?

Multiple Meanings of Money: How Women See Microfinance by Smita Premchander, V. Prameela, M. Chidambaranathan, L. JeyaseelanSage publication, 2009, Pp 264, Rs. 595/-

by Sanchita Das | On 20 Jan 2010

Japan’s Foreign Direct Investment Experiences in India: Lessons Learnt from Firm Level Surveys

The paper first gives a brief history and comparison of Japanese foreign direct investment into India and other Asian countries, highlighting the fact that Japanese investment into India is quite lo...

by Srabani Roy Choudhury | On 19 Jan 2010

Consultation Paper on Foreign Investment in Broadcasting Sector

Department of Industrial Policy and promotion has recently issued revised guidelines for calculation of total foreign investment i.e. direct and indirect foreign investment in Indian companies for bri...

by Telecom Regulatory Authority of India TRAI | On 18 Jan 2010

Obstacles to Private Power Investments in India

This paper aims to highlight the critical importance of cost recovery in attracting and sustaining private investment for power development. Based on a brief review of Indian experience, it suggests...

by Vishvanath V. Desai | On 24 Dec 2009

Accounting for Results: Ensuring Transparency and Accountability in Financing for Climate Change

This brief seeks to address questions on how the funds are collected, dsitributes at the international level, mechanisms to ensure that the recipient countries are managing the funds in a transparent...

by Athena Ballesteros | On 15 Dec 2009

The Effect of Direct Foreign Investment on Domestic Firms: Evidence from Firm Level Panel Data in Emerging Economies

This paper uses firm level panel data to investigate empirically the effects of direct foreign investment (DFI) on the productivity performance of domestic firms in three emerging economies of Centr...

by Jozef Konings | On 11 Dec 2009

Innovation through Long-distance Conversations? Lessons from Offshoring-based Software Clusters in Bangalore

This paper is aganist the popular assertion regarding the links between innovation and clustering and it is found that the main sources of knowledge transfer and innovation among key firms in Bangalor...

by Aya Okada | On 23 Nov 2009

No One Barked

No reponse form the policies that the government is announcing

by T.N. Ninan | On 20 Nov 2009

Low Income Shelter Financing in Slum Upgrading: India Urban Initiatives

This report summarises findings from the USAID-sponsored project on models of financing for slum upgrading in India, undertaken on behalf of SPARC,a Mumbai-based NGO involved in slum upgrading and th...

by Sally Merrill | On 19 Nov 2009

Women in Self Help Groups and Panchayti Raj Institutions: Suggesting Synergistic Linkages

Questions about the processes of empowerment generated under each of these interventions and also suggests synergistic linkages between the two are raised.

by Joy Deshmukh Ranadive | On 13 Nov 2009

Track Record of Financial Institutions in Assisting the Poor in Asia

A variety of institutional forms of microfinance are being introduced in Asia including by the ADB-and financial institutions pursue different objectives, so it is difficult to assess how well micro...

by Richard L Meyer | On 13 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

Horizontal Equity and the Thirteenth Finance Commission: Issues and Ponderables

An attempt has been made in this paper to critically analyse the parameters/ criteria on which basis awards are finalized. With special reference to poorer states, the following aspects have been di...

by Keshab Das | On 03 Nov 2009

Learning from Crises

Recollect and recount lessons from crises. The key lessons are how to anticipate and take pre-emptive action and equally important, once you are in the middle of it, how to respond effectively namely,...

by Usha Thorat | On 22 Oct 2009

Financing the Panchayati Raj Institutions: Flagging Some Issues For The 13th CFC

The Finances of the PRIs are looked into. The role of 13th Finance Commission is explained. Some ‘learnings’ from International experience is given.

by Abhay Pethe | On 15 Oct 2009

Rural Health Services at Cross-Roads: Insights from Gujarat

The objective of the paper is to i) understand and document the morbidity profile, ii) examine utilisation of health services, and iii) estimate approximate expenses on health care by th...

by Ratnawali Sinha | On 07 Oct 2009

Ghostwriting: The Dirty Little Secret of Medical Publishing That Just Got Bigger

What is ghost writing? How it can be tackled?

by Plos medicine Editors | On 05 Oct 2009

Doha Declaration and Compulsory License for Access to Medicines

The Doha Declaration provides for access to medicines particularly by simplifying the compulsory licensing (CL) clause. This paper tries to provide a comprehensive review of the working of CL in the d...

by Lalitha N | On 21 Sep 2009

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

UCLG Policy Paper on Local Finance

The Policy Paper seeks to give voice to a local government vision on financing and stems from a shared understanding of the challenges we face. The Policy Paper contains 25 concrete recom- mendations...

by UCLG Committee on Local Finance and Development UCLG | On 12 Sep 2009

Middlemen Margins and Globalization

A theory of trading middlemen or entrepreneurs who finance and market goods produced by workers are developed. A two sector two country model of competitive equilibrium, with endogenous sorting of age...

by Pranab Bardhan | On 02 Sep 2009

Ethics and the World of Finance

How do we, as individuals, approach issues of ethics and values? Are our approaches different in our personal and professional lives? Are issues of ethics different in the financial sector? What are t...

by Duvvuri Subbarao | On 02 Sep 2009

Introducing Expenditure Quality in Intergovernmental Transfers: A Triple-E Framework

The present study has sought to introduce, conceptualise and operationalise a scheme for integrating the ‘quality’ dimension of public spending into the devolution scheme of intergovernmental transf...

by Mala Lalvani | On 20 Aug 2009

A Simple Model of the Financial Crisis of 2007-9 with Implications for the Design of a Stimulus Package

The financial crisis of 2007-09 began as a local problem in the mortgage finance market in the United States and Europe but, within months, escalated into a general global financial crisis, resulting...

by Kaushik Basu | On 17 Aug 2009

Strengthening Decentralization - Augmenting The Consolidated Fund of the States by the Thirteenth Finance Commission: A Normative Approach

The present study examines issues related to fiscal federalism at the third tier in general and grants to local bodies in particular. The study presents a normative framework to estimate the requireme...

by Abhay Pethe | On 14 Aug 2009

A Model of Market Clearing Exchange Rates

This paper formulates a model of exchange rate determination that describes the market processes by which the foreign exchange markets are cleared and international receipts of countries are brought...

by Rajas Parchure | On 06 Aug 2009

Nepal Budget 2009-10

Budget presented by Finance minister of Nepal.

by Surendra Pandey | On 27 Jul 2009

Hong Kong's Banks During the Financial Crisis

Despite the negative impact of the current crisis and many remaining uncertainties about the actual economic recovery path, the medium-term outlook for Hong Kong’s banks remains favourable.

by Robert Mülhaupt | On 15 Jul 2009

Impact of Global Financial Crisis on Reserve Bank of India (RBI) as a National Regulator

The multi-dimensional role of RBI and how it reponded to the financial crisis is depicted in the presentation. [Presentation made at the 56th EXCOM Meeting and FinPower CEO Forum organised by APRACA a...

by Usha Thorat | On 15 Jul 2009

Is the BDP Ultra Poor Approach Working? Survey of Some Key Issues

The objectives of this paper are to assess the knowledge retention on IGA training, and to explore the quality of participation in financial and non-financial services by the BDP ultra poor. We found...

by Proloy Barua | On 25 Jun 2009

Basic Infrastructure for a Nuclear Power Project

This publication was produced as a direction to increase the capability of Member States to plan and implement nuclear power programmes and to establish and enhance national nuclear infrastructure....

by International Atomic Energy Agency IAEA | On 19 Jun 2009

Goods and Services Tax for India

The paper contours of a feasible design of VAT in India. It also takes on board the various alternatives proposed. It looks at the issues that need resolution and the options available for resolving t...

by R.Kavita Rao | On 12 Jun 2009

Foreign Exchange Liberalization: Perceptions, Realities and Way Forward

The article focuses on understanding of the economics of the exchange control liberalisation in macroeconomic perspectives and, therefore, the article does not attempt to interpret or explore the lega...

by P Samarasiri | On 12 Jun 2009

A New Debt Crisis? Assessing the Impact of the Financial Crisis on Developing Countries

This report is intended as a wake-up call to anyone who thinks the developing world debt crisis has been resolved. In fact, it assesses fears of a new debt crisis, more serious than before, spreading...

by Sarah Edwards | On 11 Jun 2009

Health Economics for Developing Countries: A Survival Kit

Health economics is increasingly recognized as a discipline that has much to offer developing countries in addressing these problems, but how can it help? What economic concepts and tools can be appli...

by Anne Mills | On 04 Jun 2009

Regulation of Organ Transplantation in Thailand: Does it Work?

End stage organ failure is very distressing condition. Initially, there was only palliativetreatment for end stage organ failure such as hemodialysis or peritoneal dialysis. Later on, the advancement...

by Viroj Tangcharoensathien | On 04 Jun 2009

Background Paper: Investment Liberalization in the EU-ASEAN FTA

This background paper focuses on the implications of investment liberalization on ASEAN nations. [FGS OP NO 5]

by Ignacio Jose Minambres | On 31 May 2009

Aids In India

This paper revolves around the Public health related aspects of industrial and intellectual property rights policies in a developing country with respect to Aids in India. It also focusses on its prev...

by Samira Guennif | On 22 May 2009

Summary of the Welcome Remarks by Dr.Bimal Jalan, Governor, at the 11th C.D. Deshmukh Memorial Lecture

Dr. Bimal Jalan, Governor gave a welcome remark to Prof. Charles Goodhart on his 11th C. D. Deshmukh Memorial Lecture on 'Whither Central Banking ?' This paper revolves around Dr. Jalan's summary and...

by Dr Bimal Jalan | On 21 May 2009

Himalayan Journal of Development and Democracy Vol 3:1, 2008

Papers and Proceedings of The Third Annual Himalayan Policy Research ConferenceSession Chairs and Discussants Session 1A: Conflict Resolution and Democratic Transitions Chair: Christopher Can...

by Vijaya R. Sharma | On 19 May 2009

Backward Linkages of Foreign Subsidiaries in Guangdong, China: A Country- of –Origin Analysis

Multinational companies exercise their impact on the economic development of the host countries and regions through Foreign Direct Investments (FDI). The host countries tap the benefits from these FDI...

by Filip De Beule | On 15 May 2009

Managing Prolonged Low Fertility: The Case of Singapore

This paper analyzes Singapore’s multi-pronged approach to managing prolonged low fertility which has led to population aging, labor force shortages, increasing elderly dependency ratios, and feminizat...

by Mukul. G Asher | 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

Gender and Innovation in South Asia

To understand how gender, women’s rights and citizenship intersect with innovation in SouthAsia, one must begin by considering some of the main features of life for South Asian women, about a half of...

by Sujata Byravan | On 06 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

Andhra Pradesh Budget Speech 2009-10

Speech of Sri K. Rosaiah

by Government Andhra Pradesh | On 23 Feb 2009

Kerala Budget Speech 2009-10

Budget speech by finance minister Dr. Thomas Issac

by Government of Kerala Govt | On 23 Feb 2009

Consultation Paper on Licensing Issues Related to Next Generation Networks

Telecom operators in India have initiated their move towards Next Generation Networks (NGN) by implementing IP based core network. In order to identify & address various issues related to Next Gen...

by Telecom Regulatory Authority of India TRAI | On 04 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

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

Costs of Basic Services in Kerala, 2007, Education, Health, Childbirth and Finance (Loans)

The focus of this study is to analyze the pattern and costs of services in four areas, which critically affect most households in Kerala . The major concerns of this paper include answers to questio...

by Zachariah KC | On 12 Jan 2009

Suggesting Effective Policy Frames for Chronic Poverty Alleviation in India

This is a continuation of an earlier paper (2005) by the author which dealt with policy implications based on the work done by CPRC in India. There is no map of chronic poverty in India, but have an a...

by N C B Nath | On 16 Dec 2008

Inda's Pharmaceutical Industry on Course for Globalisation

The pharmaceutical industry is expanding worldwide. For some years now, it has been benefiting from the particular dynamics of the Asian economies as both purchasers and producers. It is not only the...

by Uwe Perlitz | On 12 Dec 2008

Consultation Paper on Quality of Service Issues for Cable TV Services in Non-CAS Areas and DTH Services

This consultation paper attempts to solicit the views of stakeholders on the issues involving quality of service aspects of cable television service in non-CAS area. Additionally, some new quality of...

by Telecom Regulatory Authority of India TRAI | On 08 Dec 2008

Mitigating Spillovers and Contagion Lessons from the Global Financial Crisis

The speech mainly throws light upon the impact of financial crisis on emrging economies particulary India. [Speech delivered at Reserve Bank of India at the RBI-BIS Seminar at Hyderabad].

by Duvvuri Subbarao | On 05 Dec 2008

Controlling Money and Politics – An Exercise in Damage Control

Whether there should be transparency in political finance? Whether there should be a control over the money that the political parties are receiving?

by Marcin Walecki | On 04 Dec 2008

The 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

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

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

Women in the Calcutta Municipal Corporation: A Study in the Context of the Debate on the Women's Reservation Bill

This article presents the findings of a survey conducted in 2000 in the Calcutta Municipal Corporation (CMC), where quotas – 33 per cent of seats - for women have been implemented since 1995. [CSH Oc...

by Stephanie Tawa Lema-Rewal | On 30 Sep 2008

Goa Musings: Mining

Men who will stop the water: vignettes from Goa's mining heartland

by Hartman de Souza | On 26 Sep 2008

A New Era of World Hunger?- The Global Food Crisis Analyzed

This paper is an account of the main streams discussed in an international conference, held in New York in April 2008, organized by the Friedrich Ebert Foundation and Global Policy Forum, which cons...

by James A. Paul | On 24 Sep 2008

Pakistan Budget in Brief 2008

Budget in Brief is designed to summarize the detailed information into an overview comprising essential information about expenditure and receipt and the resulting budget balance.

by Ministry of Finance, Government of Pakistan, | On 22 Sep 2008

Sri Laka Budget Speech

2008 Budget presented by His Excellency the President Mahinda Rajapaksa

by Ministry of Finance and Planning Sri Lanka | On 18 Sep 2008

Tax Challenges Facing Developing Countries

Most developing countries continue to face serious problems in developing adequate and responsive tax systems. This paper reviews the three principal ways in which developing countries may expand and...

by Richard M. Bird | On 25 Aug 2008

Current Problems with the IMF and Challenges Ahead – A LatinAmerican Perspective

The paper examines the current problems with the IMF which include: 1) the institution is no longer fulfilling the functions it used to fulfil, nor is there a clear vision of any new functions for it;...

by Roberto Frenkel | On 21 Aug 2008

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

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...

by Poonam Gupta | On 11 Aug 2008

Between Citizens and Institutions: The Dyamics of the Integration of Water Supply and Sanitation Services in Hyderabad

The purpose of this study is to review the changes that have taken place recently in water supply and sanitation services and examine the role of various stakeholders involved in urban governance in...

by Agnes Huchon | On 15 Jul 2008

Constitutionalising Panchayats: The Response of State Legislatures

This article is an attempt to look at debates in the light of the Assemblies' tryst with panchayats. It should be noted that it is not an evaluation of what transpired in the state Assemblies. In view...

by Girish Kumar | On 03 Jul 2008

Changing Paradigm of Indo-Japan Relations: Opportunities and Challenges

This paper presents an overview of Indo-Japan cooperation since late 18th and early 19th century till date. In the light of the changing paradigm in India-Japan relations over the past several years,...

by PG Rajamohan | On 23 Jun 2008

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

Ethics in Indian Journalism: The Context for the Discussion

The rapid growth of the Indian media has occurred in a regulatory vacuum. Nor are there are accepted standards on the exercise of the free speech right in the Indian media. In this draft discussion no...

by Sukumar Muralidharan | On 11 Apr 2008

Debating with the Ideology of Globalisation

In this paper the authors share their experience in attempting to critically engage a set of young persons on their understanding of the present regime of globalisation through a semester-long course...

by Rahul Varman | On 13 Mar 2008

Andhra Pradesh Budget 2008-09

SPEECH OF SRI K. ROSAIAH, HONOURABLE FINANCE MINISTER WHILE PRESENTING THE BUDGET FOR THE YEAR 2008-09 TO THE ANDHRA PRADESH STATE LEGISLATURE.

by Government Andhra Pradesh | On 10 Mar 2008

The Maternity Benefit (Amendment) Bill, 2007

The Bill seeks to amend the Maternity Benefit Act, 1961.

by Parliamentary Research Service PRS | On 28 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

Consultation Paper on Issues Arising out of Plethora of Tariff Offers in Access Service Provision

This consultation paper discusses the various issues arising out of the plethora of tariff offers in the access segment and the need to address the consumer issues arising out of it. [All the stakehol...

by Telecom Regulatory Authority of India TRAI | On 31 Jan 2008

Market Failure and the Poverty of New Drugs in Maternal Health

A new survey finds that only 17 drugs are under active development for maternal health indications, which is less than 3% of the pipeline in cardiovascular health (660 drugs). The international agenci...

by Nicholas M Fisk | On 30 Jan 2008

Municipal Finance in India:An Assessment

This study, entitled “Municipal Finance in India – An Assessment”, undertaken for the Development Research Group (DRG), Reserve Bank of India examines the performance of Urban Local Bodies (ULBs) in I...

by P K Mohanty | On 29 Jan 2008

Managing Migration in thePhilippines: Lessons for India

The significance of international migration in the Philippines economy and society is discussed. The Government of Philippines plays a supportive and regulatory role promoting internationational migr...

by S. Irudaya Rajan | On 19 Jan 2008

Public Notice for Terms of Reference by 13th Finance Commission

The 13th finance commission invites suggestions on issues related to its terms of reference from the members of general public, instituitions, and organizations.

by Finance Commission | On 16 Jan 2008

WCD Thematic Review V.5 Participation, Negotiation and Conflict Management in Large Dams Projects

This thematic review focuses on the siting, construction and operation of large dam facilities (or their alternatives) as sources of significant conflict, and as opportunities to involve many interest...

by RESOLVE Inc et al | On 26 Dec 2007

Capitalisation of Nature and Accumulation by Dispossession: At the Heart and the Frontier of Capitalism

The concept of `capitalisation of nature’ put forward by Martin O’Connor is a fruitful concept that brings together many red and green concerns into a single abstract concept. The term resonates acro...

by Suhas Paranjape | On 25 Dec 2007

Girls, Educational Equity and Mother Tongue-based Teaching

One of the principal mechanisms through which inequality is reproduced is language, specifically the language used as the medium of instruction. The learner’s mother tongue holds the key to making sc...

by Carol Benson | On 21 Dec 2007

PPP at Work

Two years later Delhi will have an airport that can handle 40-50 million passengers-making it one of the 10 largest in the world. And it will have been built in barely half the time that it took Singa...

by T.N. Ninan | On 19 Dec 2007

The Growing Importance of Emerging Economies in the Globalised World and its Implications for the International Financial Architecture

The growing importance of India and other emerging economies in the globalized world are given in this lecture. This group of economies is not easy to define. However, some reflections on the implicat...

by Jean-Claude Trichet | On 30 Nov 2007

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

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

Elements of Effective Central Banking: Theory, Practice, and History

The key elements of effective central banking that account for much of the improvement in monetary policy around the world today are outlined and explained. The past quarter of the century has been a...

by Marvin Goodfriend | On 09 Oct 2007

Inter-firm differences in FII portfolio investment in India

This paper has the objective of analysing the determinants of FII investment in firms in high-tech corporate sectors like automobiles, drugs and pharmaceuticals, IT software and IT hardware for the pe...

by B.L. Pandit | On 08 Oct 2007

The New Mumbai: Defining Systemic Reforms for the Governance of Mumbai City and Mumbai Metropolitan Region

The 73rd and 74th Amendments to the Constitution of India were made with an express objective or purpose of restoring power back to people by legally encouraging “local self-governance”. At the same...

by A.K. Shende | On 08 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

The 40:40 Team

Some of the company managers tune their business strategy to match the quarterly cycle of results announcements. Rapidly growing economies will deliver such high valuations, and many of them will be s...

by T.N. Ninan | On 01 Oct 2007

NOVARTIS vs. Union of India: Some Lessons

TRIPS is a reality and India has to rework its patent law to conform to it. But that does not mean that we have a patent law that provides for TRIPS plus rules. Our interest lies in taking full advant...

by Sheela Rai | On 20 Sep 2007

Holding Companies in Banking Groups

RBI seeks comments from the public for this paper. Comments may be sent to the Chief General Manager-in-Charge, Department of Banking Operations and Development, Reserve Bank of India, Central Office,...

by Reserve Bank of India | On 19 Sep 2007

Going ethical

Many companies have realized the need to talk of, and do something about, corporate social responsibility (CSR), but in many cases this is merely CPR: corporate public relations. The correct thing for...

by T.N. Ninan | On 17 Sep 2007

Broadcast Bill: Content Code

The Ministry expects that putting such a code in place will have the following important positive impact, among others. • The public will be provided with a mechanism through which they can voice t...

by Ministry of Information and Broadcasting MIB | On 16 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

A Change of Mood

There is a change in the financial scenario. Any sustained bout of fair weather on the markets creates business excesses as investors and consumers start discounting risk more and more. So it is healt...

by T.N. Ninan | On 20 Aug 2007

On the Relevance of the Median Voter to Resource Allocation amongst Jurisdictions

Allocation of local public good over three jurisdictions with individuals with heterogeneous tastes, in a model with democratic institutions and majority rule. The nature of electoral uncertainty, the...

by Santhanu Gupta | On 16 Aug 2007

The Micro Financial Sector (Development and Regulation) Bill, 2007: Legislative Brief

While the Bill promotes the activities of MFOs, there are differing opinions on the cost efficiency of the MFO model. �� NABARD is designated as the regulator of the micro financial s...

by Kaushiki Sanyal | On 08 Aug 2007

The Micro Financial Sector (Development and Regulation)Bill 2007

The Micro Financial Sector (Development and Regulation) Bill, 2007 seeks to promote the sector and regulate micro financial organisations (MFO). 􀂐 National Bank for Agriculture and Rural D...

by Ministry of Law | On 08 Aug 2007

Essays: Monetary Policy: Satisfy China’s Demand for Money

A talk with Nobel economics laureate Robert Mundell on how Beijing can keep the yuan’s value fixed and still avoid inflation. China’s high balance of payments surplus and pressure on the yuan could be...

by Hugo Restall | On 04 Aug 2007

Microfinance Bill: Too Many Wrinkles

A regulator should promote social entrepreneurship and tap into the considerable expertise existing in the micro-finance sector. The aim should be to lower transaction costs and generate savings in re...

by Mukul Asher | On 30 Jul 2007

Foreign Exchange Reserves

The report is a compilation of quantitative information with regard to external reserves, such as, level of foreign exchange reserves, sources of accretion to foreign exchange reserves, external liabi...

by Reserve Bank of India | On 26 Jul 2007

The Rise in Remittances to India: A Closer Look

India has clearly achieved a large sustained level of remittances. Policy initiatives by the government and banking institutions have achieved two significant results. First, most remittances flow tho...

by Muzaffar Chisti | On 11 Jul 2007

Economic Reforms, Capital Inflows and Macro Economic Impact in India

The effects of the inflows of private foreign capital on some major macroeconomic variables in India are analyzed using quarterly data for the period 1993-99. Cointegration test and The Granger Causal...

by Indrani Chakraborty | On 11 Jul 2007

SAN: Newsletter of All India Secular Forum, II:7, July 2007

Purdah, Haren Pandya Verdict, MP Freedom of Religion Bill, Misdirected Hyderabad Investigation/ Special Religious Zone Concerns: Communal Violence Bill Other regular sections

by Secular Action Network SAN | On 05 Jul 2007

Review of Public Finance in Developing and Transitional Countries: RBI Occasional Papers

Review of Public Finance in Developing and Transitional Countries by Jorge Martinez-Vazquez and James Alm in RBI Occasional Papers, Vol. 27, No. 1 and 2, Summer and Monsoon 2006.

by Jai Chander | On 05 Jul 2007

Role of UNU-IIGH in Capacity Building for Sustainable Global

Globalisation promises positive economic impact through faster growth, increase in foreign direct investment and poverty reduction. However, there are growing evidence showing that the undesirable eff...

by Mohammed Yasin Salleh | On 19 Jun 2007

The Challenges of Financial Liberalisation for Emerging Market Economies

In this speech to the staff of the Reserve Bank of India delivered on May 14, 2007 at the RBI, Central Office, Mumbai, the author offers some comments on the challenges posed by financial liberalisati...

by Christian Noyer | On 13 Jun 2007

Productivity and Efficiency at Public and Private Sector Banks in India

A comparison between PSBs and their private sector counterparts based on measures of efficiency and productivity that use quantities of outputs and inputs. Efficiency measures a firm’s performance rel...

by TT Ram Mohan | On 04 Jun 2007

In Conversation with Mohammed Yunus

In Mumbai to open an office of the Grameen Foundation, Professor Yunus spoke on the growing role of microfinance in the global economy, the challenges the sector faces in moving from the informal t...

by Kala Rao | On 14 May 2007

Time to Mainstream Micro-Pensions in India

The paper has argued that to expand coverage of micro-pensions, social entrepreneurship (along with social responsibility) will be needed by the financial sector, including the MFIs, insurance compani...

by Mukul Asher | On 08 May 2007

Pension Liabilities of the Central Government: Projections and Implications

The commonly held belief that the Central government pension bill has the potential to reach an unsustainable level does not appear to be based on any realistic assessment of such liabilities in the...

by Pronab Sen | On 25 Apr 2007

Lesons Government Failure: Public Goods Provision and Quality of Public Investment

This paper focuses on government investment and expenditure policies. Going beyond the growth experience, the author also tries to relate the policy experience to the issues of aggregate poverty, in...

by Arvind Virmani | On 25 Apr 2007

Right To Education Bill, 2005

The bill tells us about the child's right to free and compulsory education which is of equitable quality. The reposibility of the state, reponsibility of the schools to give education, entry age, repo...

by Pratham Pratham | On 30 Mar 2007

Editorial:Union budget 2007-08: A Touch of ‘Magic Realism’

The Budget is ‘exciting’ precisely because it has at least decided to pay a little more than lip service to the so-called social sector. And Finance Ministers then tend to increase allocations for the...

by S Srinivasan | On 08 Mar 2007

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

Union Budget 2007-08: What May We Expect?

It is unrealistic to expect all problems to be solved in one budget. But it is possible for one budget to do a great deal of damage.

by Vinod Vyasulu | On 27 Feb 2007

Union budget 2007-08: What May We Expect?

It is unrealistic to expect all problems to be solved in one budget. But it is possible for one budget to do a great deal of damage

by Vinod Vyasulu | On 27 Feb 2007

Parliament Session Wrap: Winter Session – November 22 to December 19, 2006

List of Bills passed, withdrawn, introcuced and pending during the Winter Session.

by M. R. Madhavan | On 23 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

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

Declining Trends in Public Health Expenditure in Maharashtra

This analysis of the trends in public health expenditure in Maharashtra shows that the State has to become more proactive in raising resources being allocated to the health sector. The level of publi...

by Ravi Duggal | On 01 Feb 2007

Natural Resource Conservation, Use and Sustainability in Drylands

This keynote address of the conference on Natural Resource Conservation Use and Sustainability in Drylands, focuses mainly on some new concepts of resource assessments in dry areas, some recent debate...

by Yoginder Alagh | On 30 Jan 2007

State Finances and Effectiveness of Policy Measures: An Analysis of Indian States

This paper provides a phase-wise analytical review of the fiscal situation of the Indian major States over the previous two and half decades and examines the effectiveness of the policy measures to s...

by Rajmal | On 10 Jan 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

Foreign Direct Investment to Developing Countries in the Globalised World

This paper discusses the key issues related to foreign direct investment flows to developing countries in the globalised world. In particular, the paper focuses on the recent trend and direction of fo...

by Sandy Kyaw | On 22 Dec 2006

Chasing the dragon: Accounting for the under-performance of India by comparison with China in attracting foreign direct investment

This paper compares and contrasts the performance of India and China in attracting foreign direct investment (FDI). Both economies are large emerging markets that had rather similar profiles in 1978....

by John S Henley | On 22 Dec 2006

The Role of Self Help Group Bank Linkage Programme in Preventing Rural Emergencies in India

The Self-Help Emergency Prevention (SHEPherd) programme aims to use lessons from CRS/Orissa’s emergency responses in 1999 and 2001 to inspire an India-wide response to emergency prevention. The progr...

by Kim Wilson | On 03 Dec 2006

Performance Analysis of Fisherwomen Self-help Groups in Tamil Nadu

The present study attempted to assess the performance of Fisherwomen's self help groups (SHGs) in Tamil Nadu . Primary data required for the study were collected from 725 fisherwomen SHG members repr...

by R. Jayaraman | On 03 Dec 2006

Book Review: Managing Natural Resources: Learning from People

The management of natural resources is quite complex and requires the involvement of multiple social actors or stakeholders. Managing natural resources sustainably requires learning from local people,...

by Haripriya Gundimeda | On 09 Nov 2006

Fiscal Decentralisation and Gender Responsive Budgeting in Mexico: Some Observations

This paper analyses the scope and limitations of gender responsive budgeting in Mexico within the overall framework of fiscal decentralisation. However, decentralised gender responsive budgeting can b...

by Lekha S. Chakraborty | On 31 Oct 2006

Monetary Regionalism in Asia Revisited

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

by Ramkishen S. Rajan | On 30 Oct 2006

Monetary Regionalism in Asia Revisited

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

by Ramkishen S. Rajan | On 30 Oct 2006

Targeting the Poorest in Microfinance: Poverty Outreach of BDP Ultra Poor Programme

Despite the general consensus that microfinance does not reach the poorest; recent evidence suggests that nearly 15% of microfinance clients in Bangladesh are among the poorest. It is from the realiza...

by Proloy Barua | On 25 Oct 2006

Studies on Self-Help Groups of the Rural Poor

In pursuance of a recommendation made by the Asian and Pacific Regional Agricultural Credit Association (APRACA), the National Bank for Agriculture and Rural Development, in collaboration with some...

by | On 23 Oct 2006

Linking Banks and (Financial) Self Help Groups in India: An Assessment

A review of the progress and impact of the overall strategy for scaling up the SHG Bank Linkage Programme over the last decade. [Paper presented at the Seminar on SHG-bank Linkage Programme at New Del...

by Erhard. W. Kropp | On 23 Oct 2006

Using Change Rankings to Understand Poverty Dynamics: Examining the Impact of CFPR/TUP from Community Perspective

Studies of poverty dynamics relying solely on household income-expenditure surveys can yield noisy results, overestimating transient poverty and underestimating persistence of poverty, especially for...

by Munshi Sulaiman | On 23 Oct 2006

Buying spree

It is astonishing, and entirely unpredicted, that India’s outbound investment should begin to rival inbound FDI. The numbers quoted in a full-page report by the Financial Times earlier this week say t...

by T.N. Ninan | On 07 Oct 2006

Legislative Brief: The Seeds Bill, 2004

The Seeds Bill, 2004 aims to regulate the quality of seeds sold, and replaces the Seeds Act, 1966. The proposed Act would replace the Seeds Act, 1966. The Bill seeks to update the existing Act in or...

by M. R. Madhavan | On 01 Oct 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

Our Future: Sustainable Cities--Turning Ideas into Action

In convening the third session of the World Urban Forum in Vancouver, the United Nations Human Settlements Program has asked us to focus our attention on the Sustainable City and consider critical cha...

by Patricia L. McCarney | On 13 Jul 2006

Ways of Paying for Global Public-Goods

simple schedule of governmental contributions, of paying for global public-goods and common purposes: use of IMF Special Drawing Rights (SDRs); the United Kingdom’s International Finance Facility (IFF...

by Anthony Clunies-Ross, | On 02 Jun 2006

Land of Opportunity?

While the last 15 years have seen a flowering of enterprise because of the opening up of the Indian economy, today’s more open trading and investment system (which allows the big international players...

by T.N. Ninan | On 16 Apr 2006

Weekend Ruminations: Land of Opportunity?

While the last 15 years have seen a flowering of enterprise because of the opening up of the Indian economy, today’s more open trading and investment system (which allows the big international players...

by T.N. Ninan | On 16 Apr 2006

Legislative Brief: The Food Safety and Standards Bill, 2005

The main objectives of the Bill are: (a) to introduce a single statute relating to food, and (b) to provide for scientific development of the food processing industry. The Bill aims to establish a sin...

by M. R. Madhavan | On 14 Apr 2006

American housing market: a source of relief or weakness?

In late March the release of data on sale of new homes in the US showed that it had dropped 10 per cent, the biggest drop in nine years. In the immediate aftermath of this report, the US currency gav...

by V. Anantha Nageswaran | On 07 Apr 2006

Trends and Patterns of Technology Acquisition in Indian Organized Manufacturing: An Inter-industry Exploration

With liberalization of foreign technology import policy in the 1990s, India has seen declining R&D intensity at national level. This has generated a general concern on how Indian industries are doin...

by Jaya Prakash Pradhan | On 28 Mar 2006

Foreign Direct Investment and Technology Spillovers:Evidence from the Indian Manufacturing Sector

During the recent period, many countries compete with each other to attract foreign investment. When MNCs invest in a host country, it is assumed that a part of their technology spills to the host cou...

by Subash Sasidharan | On 26 Mar 2006

Regional Diffferences in FDI Inflows: China – India Comparison

An analysis of regional differences in the flow of FDI in China and India is important as in both these countries a few regions account for the bulk of FDI inflows. There are very few studies on regi...

by N.S. Siddharthan | On 23 Mar 2006

Union Budget 2006-07: Reforms in Indirect Taxes: Long on Rhetoric

The Finance Minister’s speech presenting the Union Budget 2006-07 indicated that long-overdue reforms of the tariff structure had been undertaken in this year’s budget. But a careful analysis of thes...

by Sukumar Mukhopadhyay | On 22 Mar 2006

Finance Bill 2005

To give effect to the financial proposals of the Federal Government for the year beginning on the first day of July, 2005, and to enact and amend certain laws:

by Ministry of Finance, Government of Pakistan, | On 15 Mar 2006

Sri Lanka: Recent Economic Developments: Highlights of 2005 and Prospects for 2006

Economic Review of Developments in 2005 and Prospects for 2006. Presented before the Budget for 2006.

by Ministry of Finance and Planning Sri Lanka | On 05 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: Securing its Legacy

Union Budget 2006-07 breaks new ground in many areas, and continues on the path of modernizing the tax system. It also gives deserved recognition to key allocation priorities. But its legacy will be...

by Mukul Asher | On 04 Mar 2006

Economic Survey 2005-06, Chapter 4

Securities Markets

by Ministry of Finance | On 27 Feb 2006

Economic Survey 2005-06,Chapter 2

Public Finance

by Ministry of Finance | On 27 Feb 2006

The Economic Costs of the Iraq War: An Appraisal Three Years After the Beginning of the Conflict

Many aspects of the Iraq venture have turned out differently from what was purported before the war: there were no weapons of mass destruction, no clear link between Al Qaeda and Iraq, no imminent dan...

by Linda Bilmes | On 25 Feb 2006

Attracting Export-Oriented FDI:Can India Win the Race?

Why has India has performed poorly in attracting export oriented foreign direct investment (EFDI) as compared to its peer groups such as China. The empirical literature on the location of EFDI indic...

by Jaya Prakash Pradhan | On 20 Feb 2006

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

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

Medico Friend Circle Bulletin, 312, August - September 2005

Contents Good Practices of the “Good Practice Study”! - Dhruv Mankad 1 Disbanding the CGHS 4 Involving Self-Help Groups in Reproductive Health - Rajani Ved 9 Women’s Narratives from Kashmir-3 - Za...

by Medico Friend Circle | On 20 Jan 2006

Elementary Education: Rising Expenditure, Poor Quality: Book Review

Review of 'The Economics of Elementary Education in India: The Challenge of Public Finance, Private Provision and Household Costs' edited by Santosh Mehrotra; Sage, New Delhi; 2005, pp.328.

by P. Geetha Rani . | On 20 Jan 2006

Draft National Pharmaceutical Policy, 2006

In 2002 the government had formulated a new Drug Policy, but the same could not be implemented due to litigation involving it. As a consequence, the policy of 1994 continues to be in force.The pr...

by Department of Chemicals and Petrochemicals | On 16 Jan 2006

The Right to Education Bill, 2005: A Constructive Critique

This policy note aims to provide a constructive critique of the Bill and its provisions. It is divided into the following sections: Section I sets out the meaning and implications of the right to educ...

by Rohan Mukherjee | On 11 Jan 2006

Controlled Capital Account Liberalisation: A Proposal

This paper outlines a proposal for a controlled approach to capital account liberalization for economies experiencing large capital inflows. The proposal essentially involves securitizing a portion o...

by Eswar S. Prasad | On 09 Dec 2005

Opportunities and Challenges in Building an East Asian Community

Inherenet weaknesses in AFTA and AEC and the need to counter regionalism in other parets of the world are some of the important reasons for evolving an East Asian Community. However, there are severa...

by Joseph Yap | On 23 Nov 2005

Banking on Limited Freedom

Successive finance ministers have been calling the public sector banks “to brace for a wave of consolidation” to become global players. However, calling for world-beaters does not produce them; vision...

by Aruni Mukherjee | On 22 Oct 2005

Discussion Paper on Pension Reform and New Pensiion System

PFRDA 1) Current provision of Pensions in India 2) Why review Pension Systems? 3) Governments’ Initiatives 4) New Pension System (NPS) 5) Present Status 6) Why PFRDA Bill? 7) Some clarificatio...

by Anonymous | On 28 Aug 2005

A Fair Plan Approach For Devolution Under The Twelfth Central Finance Commission: Some Suggestions

This study has made some suggestions for the consideration of the Twelfth Finance Commission. We have provided a conceptual framework comprising eight cardinal principles abbreviated as FAIR PLAN. We...

by Abhay Pethe | On 05 Aug 2005

Infrastructure Finance In The Time Of Revenue Crunch: Exploring New Avenues for Urban Local Bodies

Infrastructure in general and urban infrastructure in particular has proved to be a pons asinorum of economic development. Whilst infrastructure is an umbrella term, provision of many of its component...

by Abhay Pethe | On 05 Aug 2005

Internal Control Of Community Finance Institutions In Cambodia

The working paper offers a conceptual basis for action research on internal controls in community finance institutions (CFIs) in rural Cambodia. A CFI is defined as “an institution that specializes in...

by Brett Matthews | On 31 Mar 2005