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Indebtedness among the Rural Poor in Kerala

This study intends to understand the magnitude and nature of indebtedness among rural poor households in Kerala. The study d analyses the role played by various sources in meeting the credit requir...

by Aswathi Rebecca Asok | On 08 Mar 2021

Price Discovery in Indian Government Securities Market, Monetary Management and the Cost of Government Borrowing

Over 2017-18 there was a sharp rise in Indian government securities (G-Secs) interest rates unrelated to fundamentals. Examining each of the standard explanatory variables shows them to be inadequate...

by Ashima Goyal | On 29 Mar 2019

Emerging Trends in India-Pakistan Trade

The study finds that there has been a limited impact of trade liberalization on the volume of trade between the two countries. The shift from positive list to negative list has not resulted in any maj...

by Nisha Taneja | On 05 Feb 2019

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

This study investigates the macroeconomic effects of public debt in India using a Structural Vector Auto regression (SVAR) framework for the period from 1980 to 2017. The objective of this study is to...

by Ranjan Kumar Mohanty | On 23 Jan 2019

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

Marketing: The Crucial Success Factor for Pakistan’s Credit Guarantee Scheme

This paper, confines the focus to a discussion of how inadequate marketing diluted the scheme’s impact. Specifically, several commercial banks could not tailor elements of their marketing mix—includin...

by Talha Nadeem | On 03 Jan 2019

Investment in Research and Development for Basmati Rice in Pakistan

Basmati rice is Pakistan’s celebrated export. After years of growth, Pakistan’s production and export of basmati has slipped and is on a downward trend. The absence of a strong research and developmen...

by Asian Development Bank Institute | On 13 Dec 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

Governing the Commons? Water and Power in Pakistan’s Indus Basin

Surface irrigation is a common pool resource characterized by asymmetric appropriation opportunities across upstream and downstream water users. Large canal systems are also predominantly state-manage...

by Hanan G. Jacoby | On 04 Oct 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

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

Fiscal policy Conditions for Government Budget Stability and Economic Recovery: Comparative Analysis of Japan and Greece

This paper first shows that the Domar condition is obtained only from the government budget constraint (namely the supply of government bonds) and does not take into account the demand for government...

by Naoyuki Yoshino | On 19 Jul 2018

Activist to Entrepreneur – The Role of Social Enterprise in Supporting Women’s Empowerment in Pakistan

This report sets out to establish how well social enterprise really does address gender inequality and women's empowerment in Pakistan. It is part of a series of reports commissioned by the British Co...

by Mark Richardson | On 28 Jun 2018

Preliminary Environmental Impact Assessment (EIA) Study of China-Pakistan Economic Corridor (CPEC) Northern Route Road Construction Activities in Khyber Pakhtunkhwa (KPK), Pakistan

Pakistan-China relations date back to the Silk Route, but the formal ties began in 1950. Pakistan was the first Muslim country to recognize China as People's Republic and Pakistan International Airlin...

by Mahmood A. Khwaja | On 28 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

Estimating Elasticity of Transport Fuel Demand in Pakistan

This study investigates the fuel demand elasticities separately for petrol, diesel, and CNG using data from July 2004 to June 2015 for Pakistan. The results show that fuel demands are generally (own...

by Muhammad Omer | On 06 Jun 2018

Gender and Intersecting Inequalities in Local Government in South Asia

This paper is an evidence review of how intersecting forms of inequalities influence women’s political participation and representation at the local level in Bangladesh, India and Pakistan. The r...

by | On 11 May 2018

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

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

by | On 11 May 2018

The Underground Economy and Tax Evasion in Pakistan: A Fresh Assessment

Recently, not only economists but also sociologists, political leaders, policy-makers, non-governmental organizations, and the press are taking a lively interest in the size of the under ground econom...

by Zafar Iqbal | On 28 Mar 2018

Analysing Institutional Set-up of Forest Management in Pakistan

This study will focus on the natural hill forests found in the northern region of Pakistan, particularly the North Western Frontier Province (NWFP).

by Lubna Hasan | On 26 Mar 2018

The Water Gap – The State of the World’s Water 2018

In a startling reminder that our world’s most precious resource is becoming increasingly scarce for too much of the population, reminding us of the need for better and fairer management of Earth’s...

by Water Aid NGO | On 22 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

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

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

by Baishali Goswami | On 08 Mar 2018

State Level Fiscal Reforms in India: Some Core Issues

This paper has introduced instability in the budgets and has added to the burden of public debt.

by K.K. George | On 15 Feb 2018

Budget Speech West Bengal: 2018

Finance Minister, Dr. Amit Mitra presented the West Bengal budget on 31st January, 2018.

by Amit Mitra FM, WB | On 05 Feb 2018

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

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

by Arun Jaitley | On 31 Jan 2018

Military Courts in Pakistan: Will they return? What are the implications?

This paper narrates that during the first week of January 2017, many in Pakistan were surprised, when the government allowed the earlier Parliamentary legislation on the military courts to elapse.

by D. Chandran | On 09 Jan 2018

Book Review: Inappropriate Technology and Markets Kill Cotton Farmers and Weavers: A Passionate Account since Colonial Times

Review of A Frayed History: The Journey of Cotton in India by Meena Menon and Uzramma. Oxford University Press, 2018. USD 685.50.

by | On 07 Jan 2018

Opportunities and Risks of Liberalising Trade in Services in Pakistan

This study seeks to examine how locking-in of our unilateral liberalisation at the WTO and further liberalisation of services trade would affect Pakistan’s competitiveness.

by Abid Burki | On 28 Dec 2017

Trade & Transit Cooperation with Afghanistan: Results from a Firm-level survey from Pakistan

This paper aims to inform academia and policymakers about ways and means to first increase trade with Afghanistan, and second, to discuss trade-related procedures and processes that could be streamlin...

by Vaqar Ahmed | On 04 Dec 2017

Climate induced rural-to-urban migration in Pakistan

The results of this study indicate that climate change acts in combination with many other socioeconomic determinants of migration.

by Fahad Saeed | On 04 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

Fund-Raising For Energy Projects In Pakistan

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

by Huma Khan | On 30 Nov 2017

India-Pakistan Trade: Perspectives from the Automobile Sector in Pakistan

This paper proposes a way forward whereby the commerce ministries of India and Pakistan can address the concerns of Pakistan’s auto sector and create a win-win milieu.

by Vaqar Ahmed | On 29 Nov 2017

India-Pakistan Trade: An Analysis of the Pharmaceutical Sector

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

by Manoj Pant | On 29 Nov 2017

Socio-economic and Cultural Factors of Violence against Women in Pakistan

This study discusses the socio-economic, cultural, religious and institutional factors that sustain abuse conducted against women.

by Ayesha Qaisrani | On 24 Nov 2017

Appraisal of Informal Political Associations and Institutions: Implications for Democratic Decentralisation in Punjab

This study by using mixed research strategy disentangled the process by which local governments are formed in Punjab.

by Asad Rehman | On 24 Nov 2017

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

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

by Brig (Retd) Yasin | On 21 Nov 2017

Revitalizing economy by balancing defence & development

In this context, a government that is in doubt regarding re-election will give a popular or election-oriented budget and go on a spending spree.

by Dr. Abid Suleri | On 20 Nov 2017

Knowledge attitude and practice survey on social protection schemes in selective districts

The study focus on the existing social assistance schemes targeted towards the extreme poor.

by Rabia Tabassum | On 16 Nov 2017

Another War Is Looming

The study discusses the problems Pakistan may face in near future in the hands of Pakistani volunteers fighting in Syria.

by Rubab Syed | On 16 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

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

On Using Exchange Rate for Promoting Exports

The report says that there are well known explanations in contemporary economic literature which explain this counterproductive impact of depreciation.

by . Atiq-ur-Rehman | On 26 Oct 2017

Measuring Competition in the Banking Sector of Pakistan: An Application of Boone Indicator

The banking sector of Pakistan has witnessed a notable transformation in its structure and business activities following the implementation of financial sector reforms since the early 1990s. Specific...

by Mahmood ul Hasan Khan | On 09 Oct 2017

The Macroeconomic Benefits of Tax Enforcement in Pakistan

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

by Ethan Ilzetzki | On 04 Oct 2017

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

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

by Ashima Goyal | On 15 Sep 2017

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

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

by Shweta Saini | On 21 Aug 2017

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

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

by Jaimini Bhagwati | On 11 Aug 2017

SG 50 and Beyond: Protecting the Public Space in the New Era of Singaporean Pluralism

Over the last ten years or so it have begun to see public lobbying over moral and cultural issues such as lesbian, gay, bisexual and transsexual (LGBT) rights, Sanctity of Life issues including aborti...

by Johannis Bin Abdul Aziz | On 02 Aug 2017

Does Government Borrowing Crowd out Private Sector Credit in Pakistan

An analysis of the impact of government borrowing from the scheduled banks on the credit to private sector in Pakistan, using monthly data from 1998:M6 to 2015:M12. We find that a one percentage poi...

by Sajjad Zaheer | On 31 Jul 2017

The Health Burden of Dust Pollution in the Textile Industry of Faisalabad, Pakistan

The study focuses on the high incidence of occupational health hazards faced by women and men working in the textile industry of Pakistan. One of the most relevant risk factors is exposure to airborne...

by Muhammad Khan | On 27 Jul 2017

Comparison of Various Business Cycle Models for Pakistan

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

by M. Ali Choudhary | On 26 Jul 2017

Book Review: Notes from the 'Other' Side

Book review of Reporting Pakistan By Meena Menon; Penguin Random House, Pp. 340, Rs 599.

by Amrit B L S | On 24 Jul 2017

Asia Bond Monitor - June 2015

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

by Asian Development Bank Institute | On 24 Jul 2017

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

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

by Asian Development Bank Institute | On 17 Jul 2017

Financial Soundness Indicators for Financial Sector Stability in Viet Nam

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

by Asian Development Bank Institute | On 07 Jul 2017

Book Review : Other Women, Other Lives

Book Review of We Are All Revolutionaries Here: Militarism, Political Islam and Gender in Pakistan, By Aneela Zeb Babar; Sage Yoda Press, Pp.196, Rs 695.

by Meena Menon | On 12 Jun 2017

The Railway Refugees: Sealdah, 1950s -1960s

This paper provides a micro-history of Sealdah Station as a halt of the refugee population coming from East Pakistan in the 1950s and ‘60s. The station as a site of refugee concentration was very diff...

by Anwesha Sengupta | On 19 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

Budget 2017-18: Business as Usual

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

by M Govinda Rao | On 10 Mar 2017

The Case Against Weaponising Water

With growing water scarcity across many parts of the world, competition over access to this vital resource has been known to spark conflict. Following the September 2016 Uri attack in India, the gover...

by | On 14 Feb 2017

Games Pakistanis Play

This paper presents a typology for three groups of intra-state actors in Pakistan. ese three groups termed complicit, culpable, and collateral have their own, dierent stakes in promoting transnational...

by | On 02 Feb 2017

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

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

by Pinaki Chakraborty | On 23 Jan 2017

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

Impacts of the Training and Visit Extension System on Farmers' knowledge and Adoption of Technology: Evidence from Pakistan

This paper provides quantitative evidence on the impact of the Training and Visit (T & V) extension system in the irrigated Punjab of Pakistan. Three models are analyzed using limited dependent variab...

by Paul Heisey | On 08 Dec 2016

Inflation in Pakistan: Money or Oil Prices

The study attempted to investigate the determinants of inflation in case of Pakistan and to check the validity of monetarist stance that inflation is always and everywhere a monetary phenomenon by i...

by Mehak Moazam | On 07 Dec 2016

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

Policy Brief on Female Labor Force Participation in Pakistan

In Pakistan, women work primarily in the home or on the farm. Their participation in work outside these areas, particularly in formal employment, is extremely low. It is possible that some forms of wo...

by Asian Development Bank Institute | On 04 Nov 2016

World Population Data Sheet 2016

The Population Reference Bureau informs people around the world about population, health, and the environment, and empowers them to use that information to advance the well-being of current and futu...

by | On 21 Oct 2016

Concerns of Food Security, Role of Gender, and Intrahousehold Dynamics in Pakistan

The available literature in Pakistan is generally lacking in a critical examination of the issues related to intrahousehold resource allocation. This black box is due largely to the lack of individua...

by Hina Nazli | On 10 Oct 2016

India-Pakistan Bilateral Trade: Past, Present and Future

Formal trade between India and Pakistan due to tariff barriers and quota problems is not significant; significance is diminishing year after year.The reason for diminishing India-Pakistan bilateral...

by PHD Chamber of Commerce and Industry PHD Chamber | On 29 Sep 2016

Words Matter: A Textual Analysis of SBP’s Monetary Policy Reviews

In this paper a textual analysis is performed of monetary policy statements issued during the past ten years by State Bank of Pakistan and compare them with policy reviews of seven selected central ...

by Asif Mahmood | On 07 Sep 2016

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

Migration and Refugee Issue Between India and Bangladesh

In the era of globalisation, where opening of borders is being advocated all over the world, there is one issue over which no nation-state is ready to compromise with its territorial borders. The issu...

by | On 22 Aug 2016

Optimal Domestic (And External) Sovereign Default

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

by Pablo D'Erasmo | On 17 Aug 2016

The Impact of Micro-Credit on Employment: Evidence from Bangladesh and Pakistan

This paper examines the impact of micro-credit on employment. Household-level data was collected, following a quasi-experimental design, in Bangladesh and Pakistan. Three borrower groups are compared:...

by Azhar Kahn | On 19 Jul 2016

India’s Informal Trade with Pakistan

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

by Nisha Taneja | On 13 Jul 2016

Gender Specific Barriers to Female Entrepreneurs in Pakistan: A Study in Urban Areas of Pakistan

The paper shows that the female entrepreneurs in Pakistan are very important to economic and social development but they are facing serious troubles. Women’s entrepreneurship, properly exploited, has...

by Salman Khalid | On 12 Jul 2016

India –Pakistan Trade: Textiles and Clothing

This study analyses the reasons for low levels of trade, the nature of trade in this sector and the intra-industry trade between the countries. The study also throws light on the informal trade in tex...

by Nisha Taneja | On 11 Jul 2016

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

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

by Rajeswari Sengupta | On 09 Jul 2016

Global Commodity Prices and Inflation in a Small Open Economy

Global commodity prices surge of 2007-08 sent an inflationary shock across the countries. 2014 global prices descend resulted in significant disinflation in many countries and even deflation in some ...

by Muhammad Nadim Hanif | On 30 Jun 2016

Impact of Ownership Structure on Agency Cost of Debt in India

The paper attempts to answer the question namely the management-principal or the principal-principal is given more significance by the debt holders in the Indian context. It also examines the relation...

by Sakina Kachwala | On 29 Jun 2016

Resolving Stress in the Banking System

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

by Raghuram G. Rajan | On 29 Jun 2016

Best Practices in Regulation of Private Education

Current paper aims to understand how the governments in different parts of the world have leveraged upon the private sector to achieve specific educational goals. The idea here is not to recommend o...

by Centre for Civil Society CCS | On 29 Jun 2016

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

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

by Sumon Kumar Bhaumik | On 27 Jun 2016

Coerced Labor in the Cotton Sector: How Global Commodity Prices (Don’t) Transmit to the Poor

This paper investigates the economic fortunes of coerced vs. free workers in a global supply chain. To identify the differential treatment of otherwise similar workers we resort to a unique exogenous...

by Alexander M. Danzer | On 22 Jun 2016

Hurting the Host: The Dynamics of Refugee-Related Violence in South Asia

This paper assesses the proclivity towards refugee-related violence in India, Pakistan, and Bangladesh, using an original dataset. I show that the host’s attitude towards refugees depend on local fact...

by | On 17 Jun 2016

Federal Budget of Pakistan 2016

Budget speech of Pakistan 2016-17.

by Mohammad Ishaq Dar | On 17 Jun 2016

Informal Labour Markets in Pakistan

This paper describes the results of a survey of informal-sector firms in Pakistan. Firms belong to the informal sector mainly because of scarce financial resources. There are significant differences...

by M. Ali Choudhary | On 16 Jun 2016

The Value of Private Schools: Evidence from Pakistan

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

by | On 09 Jun 2016

Corporate Debt Market in India: Key Issues and Policy Recommendations

The working paper outlines the significance of debt market in general and its role in accelerating the development of economic growth in particular. It reviews various regulatory and non-regulatory de...

by Anubhuti Sahay | On 06 Jun 2016

Global Commodity Prices and Inflation in a Small Open Economy

Global commodity prices surge of 2007-08 sent an inflationary shock across the countries. 2014 global prices descend resulted in significant disinflation in many countries and...

by Muhammad Nadim Hanif | On 06 Jun 2016

Global Slavery Index 2016

The Global Slavery Index (‘the Index’) provides an estimate of the number of people in modern slavery, the factors that make individuals vulnerable to this crime, and an assessment of government actio...

by | On 01 Jun 2016

Understanding Productivity in the Pakistani Garment Sector: Comparisons with Bangladesh

The report is on a pilot project in the ready-made garment sector in Pakistan. The pilot had two objectives. The first objective was to develop a methodology for benchmarking productivity in the garme...

by | On 26 May 2016

The Indian Insolvency Regime in Practice-An Analysis of Insolvency and Debt Recovery Proceedings

This paper analyses 45 cases of insolvency and bankruptcy resolution in order to measure the efficiency and problems of the present laws for firm bankruptcy in India.

by | 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

Public Financing of Education in Pakistan: Analysis of Federal, Provincial and District Budgets

Although significant, the share of education in total provincial budgets is declining except for Balochistan. This year, the government of Khyber Pakhtunkhwa has allocated the highest share of its p...

by Institute of Social and Policy Sciences I-SAPS | On 29 Apr 2016

World Debt Figures : 2015

Since the 1980s, public debt, both in the Third World countries and in the industrialised nations, has been systematically used to impose austerity policies in the name of structural adjustment. Acc...

by Eric Toussaint | On 22 Apr 2016

Rules of the Monetary Game

Aggressive monetary policy actions by one country can lead to significant adverse cross-border spillovers on others, especially as countries contend with the zero lower bound. If countries do not inte...

by Prachi Mishra | On 31 Mar 2016

How the Collapse of ‘Chimerica’ Will Affect South Asia

India and Pakistan, the two large countries in South Asia, must work for the region’s collective good rather than moving closer to the United States and China, respectively, and promoting the interest...

by Shahid Javed Burki | On 28 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

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

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

by Anchal Arora | On 16 Mar 2016

Diffusion of Bt Cotton in India: Impact of Seed Prices and Technological Development

Recent studies have analyzed the adoption of Bt cotton in the light of government seed price interventions. According to one view, reduction in seed prices enabled the farmers to buy seeds at lower pr...

by | On 15 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

Towards Rules of the Monetary Game

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

by Raghuram G. Rajan | On 14 Mar 2016

Tariff Reduction and Income Distribution: A CGE-based Analysis for Urban and Rural Households in Pakistan

This paper intends to explore functional and households personal income distribution across four different income groups in both the urban and rural areas. Using Social Accounting framework, Siddiqui...

by A. R. Kemal | On 10 Mar 2016

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

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

by Rizwana Siddiqui | On 10 Mar 2016

Nutritional Status in Pakistan

In Pakistan, despite an increase in per capita food availability and resultant rise in per capita calorie and protein intake, the prevalence of malnutrition has not improved over last 20 years [Nation...

by Sarfraz K. Qureshi | On 10 Mar 2016

Poverty and Labour Market Linkages in Pakistan

The present study provides the link between poverty and labour market. The other strength of the paper is the use of newly conducted Pakistan Socio-economic Survey 1998-99, which provides the latest i...

by Zafar Mueen Nasir | On 10 Mar 2016

Poverty and Child Mortality in Pakistan

The present analysis is based on the Pakistan Socio-Economic Survey (PSES) data. The survey was conducted nationwide between April and July, 1999 and collected data on household information, incidence...

by Syed Mubashir Ali | On 10 Mar 2016

An Introduction to the 1998-99 Pakistan Socioeconomic Survey (PSES)

This brief paper is quite focused. It describes the methodology and scope of the household survey carried out by the PIDE between March and July 1999, with an aim to generate nationally representative...

by G. M. Arif | On 10 Mar 2016

Mimap Synthesis Report: Major Conclusions and Policy Implications

Pakistan has implemented various structural change and stabilisation programmes over the last twelve years with a view to improving the levels of efficiency and consequently higher levels of output an...

by A.R. Kemal | On 10 Mar 2016

Distributional Impact of Structural Adjustment on Income Inequality in Pakistan: A SAM-based Analysis

This study intends to analyze the impact of fiscal policy relating to subsidies (production and consumption subsidies), government current expenditure and expenditure on health and education on income...

by Zafar Iqbal | On 10 Mar 2016

Salient Features of Social Accounting Matrix of Pakistan for 1989-90: Disaggregation of the Households Sector

In the present SAM, the input-output industry classifications have been condensed into five main production accounts namely agriculture, industry, health, education and other sectors. The SAM 1989-90...

by Rizwana Siddiqui | On 10 Mar 2016

Poverty Reduction in Pakistan: Learning from the Experience of China

Three major objectives of this study are: (i) to understand China’s success against poverty, particularly the mechanism through which, the economic reforms led to poverty reduction; (ii) to give a his...

by G. M. Arif | On 10 Mar 2016

Pension System Reforms for Pakistan: Current Situation and Future Prospects

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

by Umaima Arif | On 10 Mar 2016

Spatial Differences and Socio-economic Determinants of Health Poverty

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

by Nasir Iqbal | On 10 Mar 2016

Prevalence and Determinants of Overweight and Obesity Among Adults in Pakistan

The present study ascertains the prevalence and possible causes of overweight and obesity among adult population using Pakistan Panel Household Survey for 2010. The results of the present research sho...

by Maryam Naeem Satti | On 10 Mar 2016

Willingness to Purchase Health Insurance in Pakistan

The aim of this research is to assess the willingness to purchase health insurance in Pakistan and assist the policy makers in formulating a national health insurance programme that meets the needs of...

by Ajmal Jahangeer | On 10 Mar 2016

Health and Economic Consequences of Overweight and Obesity Among Adults in Pakistan

The present study ascertains the possible consequences of overweight and obesity among adult population using Pakistan Panel Household Survey for 2010.

by Maryam Naeem Satti | On 10 Mar 2016

Migration and Health Outcomes: The Case of a High Migration District in South Punjab

Given the importance of health in overall living standard of people, the present study has attempted to probe into the role of migration in affecting health status and outcomes of population. The heal...

by Shujaat Farooq | On 10 Mar 2016

The Politics of Public Debt: Neoliberalism, Capitalist Development, and the Restructuring of the State

Rising public debt has been widespread in democratic-capitalist political economies since the 1970s, generally accompanied among other things by weak economic growth, rising unemployment, increasing i...

by | On 08 Mar 2016

Labour migrants: diminished demand, diminished rights?

The economic crisis has had heavy exposure in international news, but its range of victims has extended beyond the subprime debtors and financial analysts of the developed world. Ignored by most devel...

by S. Rajaratnam International Studies | On 06 Mar 2016

Measuring Women’s Disempowerment in Agriculture in Pakistan

This paper calculates a Women’s Disempowerment Index to examine women’s control over production, resources, income, household decisions, and time burden. The index is based on a slightly modified me...

by Nuzhat Ahmad | On 04 Mar 2016

The Political-economy of Tax Reforms in Pakistan: The Ongoing Saga of the GST

Should tax reforms be guided by rules of thumb suggested by the IMF, or directions or reform based on analytical approaches, such as optimal tax theory? In many cases, the applications of the directio...

by Ehtisham Ahmad | On 01 Mar 2016

Contesting Identities in Bangladesh: A Study of Secular and Religious Frontiers

The birth of Bangladesh in 1971 was an epoch-making event within the post-colonial order of South Asia. Led by the middle classes, a bitter and bloody war of Liberation from Pakistan was fought, based...

by Sanjay Bhardwaj | On 01 Mar 2016

Tax Reforms in the Presence of Informality in Developing Countries: Incentives to Cheat in Mexico

In this paper we examine incentives to cheat in the Mexican tax system and argue that these are affected by interactions between taxes. We use variation in tax status between Mexican firms and variati...

by Ehtisham Ahmad | On 29 Feb 2016

Pakistan, the United States and the IMF: Great game or a curious case of Dutch Disease without the oil?

A history of Pakistan’s relations with the IMF (and the Bretton Woods Institutions in general) 2 cannot be told without reference to the complex and changing role played by the United States, es...

by Ehtisham Ahmad | 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

Crop Insurance for Adaptation to Climate Change in India

In India, agriculture is inherently a risky venture due to uncertainty in production and volatility in price, and more so in the context of increased climatic aberrations and globalisation. Therefore,...

by Dr Mamata Swain | On 26 Feb 2016

Farmers’ Suicides in India, 1995-2012: Measurement and interpretation

Farmers’ suicides have become an important socio-economic concern in India that has profound implication on the quality of life of farmers and their families. There are not many epidemiological studie...

by Srijit Mishra | 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

Combed Cotton Yarn Exports of Pakistan to the US: A Dispute Settlement Case

On December 24, 1998 the Government of Pakistan (GOP) received a Call Notice from the US Government for consultation regarding the establishment of quantitative restraints on Pakistani exports of Comb...

by S. M. Hussain | On 25 Feb 2016

Prospects of Wheat and Sugar Trade between India and Pakistan: A Simple Welfare Analysis

Due to a long history of strained political relations between India and Pakistan, trade possibilities between the two neighbouring countries have rarely been studied [Nabi and Nasim (2001), Mukherji (...

by Abid Burki | On 24 Feb 2016

Impact of Management Practices on Employee Effectiveness in South Asia

South Asian organizations in countries like Bangladesh, India, Pakistan, and Sri Lanka are trying to professionalize management practices in recent years. Inspite of such efforts, employees indiscipli...

by Zafar Qureshi | On 24 Feb 2016

The Lure of Lahore: Need for India-Pakistan Détente

India and Pakistan must learn that Pathankot and Peshawar were mindless acts of terror, to prevent whose recurrence, there is the need to enhance cooperation, not diminish it. Pakistan must continue t...

by Iftekhar Ahmed Chowdhury | On 22 Feb 2016

Preferential Trading In South Asia

This paper examines the economic case for the South Asia Free Trade Area (SAFTA) Agreement signed on January 6 th, 2004 by India, Pakistan, Bangladesh, Sri Lanka, Nepal, Bhutan, and the Maldives. It s...

by Tercan Baysan | On 21 Feb 2016

Remittances, Trade Liberalisation, and Poverty in Pakistan: The Role of Excluded Variables in Poverty Change Analysis

This study attempts to assess the impact of two shocks-trade liberalization and a deline in remittances from abroad-on poverty in Pakistan using a CGE framework.

by Rizwana Siddiqui | On 19 Feb 2016

Discourse on Kashmir: From Territoriality to ‘Enlightened Sovereignty’

The author calls for renewed focus on the idea of ‘soft borders’ between India and Pakistan, with particular reference to Jammu and Kashmir, in the light of a theory of ‘enlightened sovereignty’ that...

by | On 19 Feb 2016

Urbanization & Demographics: The Coordination Problem

The lecture is based on the realization that little attention is being paid to the inexorable increase in urban populations, particularly in very low income countries. Almost all of the world’s next 2...

by | 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

Bureaucracy and Pro-poor Change

This paper takes a political economy perspective in analysing the nature and causes on the decline in bureaucratic conduct.

by Ali Cheema | On 18 Feb 2016

Wheat Markets and Price Stabilisation in Pakistan: An Analysis of Policy Options

This article provides a quantitative analysis of the effects of Pakistan government domestic wheat procurement, sales, and trade policies on wheat supply, demand, prices, and overall inflation. Analys...

by Paul Dorosh | On 18 Feb 2016

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

A Social Accounting Matrix for Pakistan, 2001-02: Methodology and Results

This paper describes the structure and construction of a social accounting matrix (SAM) for Pakistan for 001-02. A SAM is an internally consistent extended set of national accounts that disaggregates...

by Paul Dorosh | On 17 Feb 2016

Demographic Dividend or Demographic Threat in Pakistan

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

by Durr-e- Nayab | On 17 Feb 2016

A Fresh Assessment of the Underground Economy and Tax Evasion in Pakistan: Causes, Consequences, and Linkages with the Formal Economy

Rise in the underground economy creates problems for the policy-makers to formulate economic policies, especially the monetary and fiscal policies. It is found that if there was no tax evasion, budget...

by M. Ali Kemal | On 17 Feb 2016

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

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

by Attiya Y. Javid | On 17 Feb 2016

Perfect Competition

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

by M. Ali Khan | On 17 Feb 2016

The Harris-Todaro Hypothesis

The Harris-Todaro hypothesis replaces the equality of wages by the equality of ‘expected’ wages as the basic equilibrium condition in a segmented but homogeneous labour market, and in so doing it gene...

by M. Ali Khan | On 17 Feb 2016

Wage Differentials, Rate of Return to Education, and Occupational Wage Share in the Labour Market of Pakistan

This paper examines the magnitude of public/private wage differentials in Pakistan using data drawn from the 2001-02 Labour Force Survey. Pakistan Labour Force Survey is a nationwide survey containing...

by Asma Hyder | On 16 Feb 2016

Trade Liberalisation, Financial Development and Economic Growth

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

by Muhammad Arshad Khan | On 16 Feb 2016

Preference for Public Sector Jobs and Wait Unemployment: A Micro Data Analysis

This paper exploits responses on the stated preferences for public sector jobs among a sample of unemployed in Pakistan to inform on the existence of public sector job queues.

by Asma Hyder | On 16 Feb 2016

Citizen-Led Accountability and Inclusivity in Pakistan

This ‘theory in practice’ paper examines the experiences of citizens groups seeking to hold Pakistan’s elected representatives and governance institutions accountable. A sustained period of democracy,...

by | On 16 Feb 2016

Awareness and the Demand of Safe Drinking Water Practices

The demand for environmental goods is often low in developing countries. The major causes are awareness regarding the contamination of water and poverty, but less attention has been paid to the former...

by Eatzaz Ahmed | On 16 Feb 2016

Determinants of Interest Spread in Pakistan

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

by M. Idrees Khawaja | On 16 Feb 2016

X-efficiency, Scale Economies, Technological Progress and Competition: A Case of Banking Sector in Pakistan

This study aims at empirical investigation of the x-efficiency, scale economies, and technological progress of commercial banks operating in Pakistan using balance panel data for 29 banks.

by Abdul Qayyum | On 16 Feb 2016

Why Civil Service Reforms Do Not Work

(Public Sector Reforms) PSR must be based on the recognition that people are at the heart of public service. As a result, managing human resources must be at the centre of any effort. The people who...

by Nadeem Ul Haque | On 16 Feb 2016

Effectiveness of Regulatory Structure in the Power Sector of Pakistan

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

by Afia Malik | On 16 Feb 2016

Impact of Export Subsidies on Pakistan’s Exports

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

by Nadeem Ul Haque | On 16 Feb 2016

Efficiency of Large Scale Manufacturing in Pakistan: A Production Frontier Approach

This paper examines the efficiency of the large scale manufacturing sector of Pakistan using the stochastic production frontier approach. A stochastic production frontier is estimated for two periods—...

by Tariq Mahmood | On 16 Feb 2016

International Competitiveness— Where Pakistan Stands?

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

by Uzma Zia | On 16 Feb 2016

Entrepreneurship in Pakistan

In Pakistan innovation and risk taking is severely inhibited by the intrusive role of government in the marketplace. From the early days of planning when protection and subsidy policies determined win...

by Nadeem Ul Haque | On 16 Feb 2016

Delivering Access to Safe Drinking Water and Adequate Sanitation in Pakistan

Water and Sanitation is the neglected sector in Pakistan. Most of the households in Pakistan do not have access to safe drinking water and lack toilets and adequate sanitation systems. These poor peop...

by Faheem Jehangir Khan | 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

Health Care Services and Government Spending in Pakistan

The study has been carried out to measure the incidence of government spending on health in Pakistan at provincial, both rural and urban level; using the primary data of the Pakistan Social Standard L...

by Muhammad Akram | 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

The Taylor Rule and the Macroeconomic Performance in Pakistan

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

by Wasim Shahid Malik | On 15 Feb 2016

Monetary Policy Objectives in Pakistan: An Empirical Investigation

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

by Wasim Shahid Malik | On 15 Feb 2016

What Determines Private Investment? The Case of Pakistan

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

by Farooq Pasha | On 15 Feb 2016

Stock Market Reaction to Catastrophic Shock: Evidence from Listed Pakistani Firms

This study examines the effect of the earthquake of October 8, 2005 on the price behaviour and activities of Karachi Stock Exchange (KSE). Sixty firms are selected from those listed on Karachi Stock E...

by Attiya Y. Javid | On 15 Feb 2016

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

This paper studies dynamic effects of agriculture trade in the context of domestic and global liberalisation. Being the largest sector of the economy, the agriculture sector contributes substantially...

by Rizwana Siddiqui | On 15 Feb 2016

Tax Expenditures in Bangladesh: An Introductory Analysis

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

by M. Golam Mortaza | On 15 Feb 2016

The Role of an Explicit Subordinate Debt Policy in the Smooth Transition to Basel II

The major concern for the banking sector of Bangladesh is that implementation of Basel II will cause banks to raise capital appreciably and thus undermine their existing capital position. In such a si...

by Md. Kabir Ahmed | On 15 Feb 2016

Public Provision of Education and Government Spending in Pakistan

The study has been carried out to measure the incidence of government spending on education in Pakistan at the provincial (both rural and urban) level, using the primary data of the Pakistan Social St...

by Muhammad Akram | On 14 Feb 2016

Household Budget Analysis for Pakistan under Varying the Parameter Approach

Using micro-level household data for rural and urban Pakistan, this study estimates Engel equations for 22 commodity groups with quadratic spline specification, in which the number and locations of kn...

by Eatzaz Ahmad | On 14 Feb 2016

Pension and Social Security Schemes in Pakistan: Some Policy Options

An examination of the public pension and social security schemes in Pakistan reveals that the provision of regular pensions is limited to formal sector employees only. A number of social security sche...

by Naushin Mahmood | On 14 Feb 2016

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

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

by Rizwana Siddiqui | On 14 Feb 2016

Pakistan Seeks Control of Its Afghanistan Endgame

Encouraging Taliban attacks on NATO, leaders of the Pakistan military and its intelligence service are impatient for the US to abandon the war in Afghanistan. The Pakistani goal is to prevent a pro-In...

by Bruce Riedel | On 14 Feb 2016

A Deadly Triangle: Afghanistan, Pakistan and India

The hostility between India and Pakistan lies at the heart of the current war in Afghanistan. Most observers in the West view the Afghanistan conflict as a battle between the U.S. and the NATO-led Int...

by William Dalrymple | On 14 Feb 2016

Pakistan's Relations with Afghanistan and Implications for Regional Politics

This essay, published originally by the National Bureau of Asian Research, discusses the long-term and current relationship between Pakistan and Afghanistan, the intertwined militancy in the two count...

by Vanda Felbab-Brown | On 14 Feb 2016

Monetary Policy Transparency in Pakistan: An Independent Analysis

This paper analyses monetary policy transparency of the central bank (SBP) using the Eijffinger and Geraats (2006) index. The results show that the SBP scores 4.5 out of 15, which is lower than any of...

by Wasim Shahid Malik | On 14 Feb 2016

Bilateral J-Curves between Pakistan and Her Trading Partners

Earlier studies that investigated the J-Curve phenomenon for Pakistan employed aggregate trade data. These studies suffered from the “aggregation bias” problem. In order to overcome this constraint, t...

by Zehra Aftab | On 14 Feb 2016

On Measuring the Complexity of Urban Living

This paper explores the concept of city ranking as a way to measure the dynamics and complexities of urban life. These rankings have various dimensions and uses. Both the context in which these rankin...

by Lubna Hasan | On 14 Feb 2016

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

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

by Attiya Y. Javid | On 14 Feb 2016

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

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

by Attiya Y. Javid | On 14 Feb 2016

Does Governance Contribute to Pro-poor Growth? Evidence from Pakistan

This paper explores linkages between governance and pro-poor growth in Pakistan for the period 1996 to 2005. The analysis indicates that governance indicators have low scores and rank at the lowest pe...

by Rashida Haq | On 14 Feb 2016

Trends in Inequality, Welfare, and Growth in Pakistan, 1963-64 to 2004-05

The present study investigates the trends in inequality, welfare, and growth based on per capita household income/consumption in Pakistan, both its rural and urban areas, from 1963-64 to 2004-05. It e...

by Nadia Zakir | On 14 Feb 2016

Pakistan’s Trade Policy, 1999–2008: An Assessment

Employing the Annual Trade Policy issued each year by the Ministry of Commerce as a simplified case study, this paper examines the reasons for the ineffectiveness of this policy instrument and the inh...

by Mirza Qamar Baig | On 07 Feb 2016

Corporate Governance in Pakistan: Corporate Valuation, Ownership and Financing

In this study the relationship between corporate governance and corporate valuation, ownership structure and need of external financing for the Karachi Stock Market is examined for the period 2003 to...

by Attiya Y. Javid | On 06 Feb 2016

Analysing the Terms of Trade Effect for Pakistan

The study investigates the impact of changes in terms of trade in Pakistan on its income and consumption potentials, by employing two measures of terms of trade, namely, barter terms of trade and inco...

by Nishat Fatima | On 06 Feb 2016

Determinants of Urban Poverty: The Case of Medium Sized City in Pakistan

Urban poverty, which is distinct from rural poverty due to demographic, economic and political aspects remain hitherto unexplored, at the city level in Pakistan. The determinants of urban poverty in S...

by Masood Sarwar Awan | On 06 Feb 2016

Working to Improve Price Indices Development in Pakistan

Given the importance of Consumer Price Index (CPI), there has been long debate on its measurement issues. It is the best and most well-known indicator of inflation, which is further used for evaluatin...

by Mahmood Khalid | On 06 Feb 2016

Impact of Financial Liberalisation and Deregulation on Banking Sector in Pakistan

The study analyses market perception about the performance of Pakistani commercial banks due to financial liberalisation and deregulation measures taken by the central bank over the last two decades....

by Kalbe Abbas | On 06 Feb 2016

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

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

by Wasim Shahid Malik | On 06 Feb 2016

A Dynamic Macroeconometric Model of Pakistan’s Economy

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

by Muhammad Arshad Khan | On 06 Feb 2016

The Contemporaneous Correlation of Structural Shocks and Inflation— Output Variability in Pakistan

Monetary policy has changed in a number of ways during the last two decades. Along with the other characteristics, modern monetary policy is forward-looking, and the central banks respond contemporane...

by Muhammad Nasir | On 06 Feb 2016

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

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

by Sadia Mariam Malik | On 06 Feb 2016

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

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

by Muhammad Javid | On 06 Feb 2016

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

The Persistence and Transition of Rural Poverty in Pakistan: 1998-2004

This study has used two rounds of the two panel data sets to examine the poverty dynamics in rural Pakistan (Sindh and Punjab). The Pakistan SocioEconomic Survey (PSES ) covers two periods, 1998 and 2...

by G. M. Arif | 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

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

Fiscal Decentralisation and Economic Growth: Role of Democratic Institutions

This study attempts to analyse the impact of fiscal decentralisation on economic growth. It also examines the complementarity between fiscal decentralisation and democratic institutions in promoting g...

by Nasir Iqbal | 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

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

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

by Yasmeen Akhtar | On 03 Feb 2016

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

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

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

by Haris Arshad | On 03 Feb 2016

Employment Strategy and Equitable Growth: A Social Capital Perspective for KPK

Although labour force participation in Pakistan has improved from 50.33 percent in 2006-07 to 57.24 percent in 2010-111 as well as employment has increased from 47.65 million to 53.84 million, however...

by Syed Akther Shah | 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

Financial Incentives to Industry

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

by Abdul Khan | On 02 Feb 2016

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

Pesticide Policy

The aggressive media campaigns by pesticide companies do not comply with FAO guidelines for advertising pesticides. Pakistan adopts FAO guidelines on the issues where Pakistani law is silent. The Paki...

by Shahid Zia | On 02 Feb 2016

The Political Economy of Undernutrition National Report: Pakistan

In this report, we use political economy analysis to demonstrate that nutrition in Pakistan has remained off the policy agenda because of large disconnects between key sectors, a lack of integrated cr...

by Shehla Zaidi | On 02 Feb 2016

A New Model for Constructing Poverty Lines

In this paper, we present a new model for constructing poverty lines. The model uses consumer theory to construct both food and nonfood poverty thresholds. Although one cannot completely eliminate the...

by Nanak Kakwani | On 02 Feb 2016

Property Tax Experiment in Punjab, Pakistan

Pakistan faces important policy challenges in improving service delivery and growth and development. Low levels of tax revenue act as a serious constraint to economic growth, provision of services and...

by Benjamin Olken | On 02 Feb 2016

Tariqa Islam: Layers of Authentication

Sufism, in its contemporary expression within the Sufi Orders is without doubt substantially different to the theosophical Sufism created by the masters of Islamic mysticism.In this study attempts wil...

by | On 01 Feb 2016

Research Imperatives for the Indian Banking Sector

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

by S.S. Mundra | On 01 Feb 2016

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

Fiscal Stimulus is still Needed for Global Recovery

Responding to the economic and financial crisis, a large number of countries introduced fiscal stimulus packages to support aggregate demand. These have been critical in avoiding the recession becomin...

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

Can a Protracted Slowdown be Avoided?

The world economy is teetering on the brink of another major downturn. As in 2008, economic woes in the major developed economies are weakening economic prospects around the world. Th ere are multiple...

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

China and its Peripheries: Beijing and India-Sri Lanka Relations

China has emerged as one of the important factors in India-Sri Lanka relations. It is important to contextualise this intervening variable, before going into various aspects of China’s footprints in S...

by N Manoharan | On 31 Jan 2016

How Would A Trade Deal On Cotton Affect Exporting And Importing Countries?

This paper assesses the likely implications for exporting and importing countries from a trade deal in cotton. The study estimates the price, production and trade effects of reforming cotton subsidies...

by | On 30 Jan 2016

Determinants of Cesarean Deliveries in Pakistan

Role of cesarean section (C Section) is acknowledged worldwide to safe maternal and neonatal life, and especially in countries like Pakistan where maternal health care is not satisfactory. But there i...

by Saman Nazir | On 30 Jan 2016

Fiscal Consolidation and Economic Growth: A Case Study of Pakistan

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

by Ahmed Waqar Qasim | On 30 Jan 2016

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

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

by Hasan Shahzad | On 30 Jan 2016

Russia and the Arab Spring: Changing Narratives and Implications for Regional Policies

The Arab Spring was a milestone for contemporary Middle Eastern history. The global phenomenon not only transformed the Arab world from within, but also challenged the regional status of major externa...

by | On 29 Jan 2016

Survey of ICTs for Education in India and South Asia, Extended Summary

The Survey on Information and Communication Technology (ICT) for Education in India and South Asia was commissioned by infoDev to be undertaken by PricewaterhouseCoopers, India. The Survey is a third...

by The Survey on Information and Communication Techno ICT | On 28 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

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

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

by | On 27 Jan 2016

Tbt Provisions In Regional Trade Agreements: To What Extent Do They Go Beyond The WTO TBT Agreement?

This paper investigates whether TBT provisions included in RTAs differ from those under the WTO TBT Agreement, and, if they do, whether they entail broader commitments. Our analysis covers 238 RTAs, o...

by Vira Khoroshavina | On 26 Jan 2016

Public Debt Sustainability in Bangladesh

This policy note reviews the trend in debt composition and sources of debt financing and analyzes debt sustainability of Bangladesh. Along with historical data on level of debt and sources of financin...

by Md. Ezazul Islam | On 23 Jan 2016

A Quick Analysis of Deposit Interest Rates Offered by Commercial Banks

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

by Md. Ezazul Islam | On 23 Jan 2016

Economic Growth In South Asia: Role Of Infrastructure

The paper examines the output elasticity of infrastructure for four South Asian countries viz., India,Pakistan, Bangladesh and Sri Lanka using Pedroni’s panel cointegration technique for the period 19...

by Ranjan Kumar Dash | On 23 Jan 2016

Prospects for Regional Cooperation on Cross-Border Electricity Trade in South Asia

Energy remains one of the key inputs to socio-economic progress in developing societies. South Asian nations, namely Afghanistan, Bangladesh, Bhutan, India, the Maldives, Nepal, Pakistan, and Sri Lank...

by Anoop Singh | 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

Children still battling to go to school

The 2011 EFA Global Monitoring Report exposed the hidden crisis of education in conflict-affected countries. Two years later, to mark the birthday of Malala, the Pakistani schoolgirl shot by the Talib...

by United Nations Educational, Scientific and Cultura UNESCO | On 23 Jan 2016

Manual on Good Agricultural Marketing Practices for Cotton

In spite of the advances in cotton production, it has to propagate the cause at the national & international level by joining the forces and harmonizing of the interest of the producers, users & other...

by Department of Agriculture & Cooperation GOI | On 22 Jan 2016

Remittances, Migration and Social Development: A Conceptual Review of Literature

This paper reviews the empirical literature on the relationship between remittances and various dimensions of social development in the developing world within a broader conceptual framework of migrat...

by | On 19 Jan 2016

The Perils Of Peace: Re-Imagining Risk And Reward In South Asia

There are India studies programs around the country in many institutions, but no university has made the commitment to dedicate a graduate level and senior research level focus on contemporary India i...

by Steve Coll | On 19 Jan 2016

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

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

by Asif Mahmood | On 11 Jan 2016

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

An Aspirational ‘new wave’ of India-Pakistan Dialogue

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

by P S Suryanarayana | On 09 Jan 2016

Sharing of Social Sectors Experiences in IBSA: Assessment of Initiatives and Way Forward

The paper analyses the select Communiqués and Declarations pertaining to social sectors issued from time to time. In this context, it evaluates the status and performance of social development in each...

by | On 09 Jan 2016

A Tortured History : Federalism and Democracy in Pakistan

The Pakistan Army’s ideological hegemony, especially in the country’s Punjabi-speaking heartland, the continuing focus on the state’s narrative of a religion-based unitary identity which is under a co...

by Aasim Akhtar | On 08 Jan 2016

Impact of Participatory Forest Management on Financial Assets of Rural Communities in Northwest Pakistan

The system of participatory (or joint) forest management was commenced in the North West Frontier Province (NWFP) of Pakistan in 1996 through Asian Development Bank's funded project. These forest refo...

by Tanvir Ali | On 08 Jan 2016

Analysis of Myths and Realities of Deforestation in Northwest Pakistan: Implications for Forestry Extension

Pakistan is among those countries, which have very high deforestation rate. The remaining forests are very diverse in nature and of significant importance for the country’s economy and livelihoods of...

by Tanvir Ali | On 08 Jan 2016

A Tortured History: Federalism and Democracy in Pakistan

This paper looks at the Pakistan Army’s ideological hegemony, especially in the country’s Punjabi-speaking heartland, the continuing focus on the state’s narrative of a religion-based unitary identity...

by | On 07 Jan 2016

Banking Crises and 'Japanization': Origins and Implications

Japan’s “two lost decades” perhaps represent an extreme example of a weak recovery from a financial crisis, and are now referred to as “Japanization.” More recently, widespread stagnation in advanced...

by Masahiro Kawai | On 07 Jan 2016

The Impact of Household Health Shocks on Female Time Allocation and Agricultural Labor Participation in Rural Pakistan

There have been few empirical studies in the developing world and the agricultural sector, on the impact of negative health shocks on household well-being. Does the pervasive effect of a negative hous...

by | On 07 Jan 2016

Open Educational Resources: Enhancing Education Provision and Practice

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

by Jouko Sarvi | On 01 Jan 2016

Public Debt Sustainability in Developing Asia: An Update

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

by Benno Ferrarini | On 29 Dec 2015

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

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

by Dushni Weerakoon | On 29 Dec 2015

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

Politics of UNSC Sanctions: The Issue of Nuclear Weapons Development

The paper tries to explain the imposition of sanctions by the UNSC on Iran and North Korea and the absence of UNSC sanctions on India and Pakistan. Although there are aspects in the sanctions on Iran...

by | On 17 Dec 2015

Tax Revenue Mobilistation In Developing Countries: Issues and Challenges

In recent years, domestic revenue mobilisation in developing countries gained increasing prominence in the policy debate. Several factors explain this, including the potential benefits of taxation for...

by Mick Moore | On 16 Dec 2015

Financial Inclusion, Education, and Regulation in the Philippines

This paper discusses the current status of financial inclusion, education, and regulation in the Philippines and measures to foster financial inclusion. The primary policy challenge faced by the gover...

by Gilberto M. Llanto | On 15 Dec 2015

Ensuring and Protecting the Land Leasing Right of Poor Women in India

This paper critically examines how lease farming can be a viable livelihood option for landless rural poor, especially women in India. In the absence of land ownership and education, the majority of l...

by | On 08 Dec 2015

Twenty Sixth Report on Insolvency Laws

The Report brings out the different aspects of the insolvency laws which has a two-fold purpose- (i) to give relief to the debtor from the harassment of his creditors whose claims he is unable to meet...

by Ministry of Law and Justice GOI | On 25 Nov 2015

The Indian Insolvency Regime in Practice – An Analysis of Insolvency and Debt

This paper analyses 45 cases of insolvency and bankruptcy resolution in order to measure the efficiency and problems of the present laws for firm bankruptcy in India. These cases have been selected t...

by Aparna Ravi | On 25 Nov 2015

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

How Much is Enough?

Post-7th Pay Commission recommendations, the pay being offered now should not be a disincentive for public-spirited people with ability. Can the government afford this hike?

by T.N. Ninan | On 21 Nov 2015

Fiscal Seigniorage “Laffer-curve effect” on Central Bank Autonomy in India

It is often emphasised that seigniorage financing of public sector deficits is technically a “free lunch” if the economy has not attained the full employment levels. However, conservative macroecono...

by Lekha S. Chakraborty | On 16 Nov 2015

Drivers of Migration

This paper explores the relationship between determinants of migration which are often deeply embedded in the economic, social, political, cultural and environmental context, and more immediate factor...

by | On 06 Nov 2015

Improving the Environmental Performance of Pakistan's Textile Sector

Pakistan's textile industry, the country's largest manufacturing industry and second largest employer, is also responsible for large discharges of waste water. Three steps can help improve the environ...

by Vaqar Ahmed | On 22 Oct 2015

Aspirations and the Role of Social Protection: Evidence from a Natural Disaster in Rural Pakistan

This article uses Pakistan’s 2010 floods to identify the effects of a natural disaster on citizens’ aspirations. Aspirations were significantly reduced—especially among the poorest and most vulnerab...

by Katrina Kosec | On 19 Oct 2015

China’s One Belt One Road Strategy: The New Financial Institutions and India’s Options

This paper attempts to discuss India’s options to collaborate with China at the event of the formation of new financial institutions and how should India engage with China’s new Silk Road strategy.

by Ajay Chhibber | 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

India’s FTA with East Asia: Impact of India-Malaysia CECA on the Edible Oil Value Chain

This paper formulates an analytical framework to assess the impacts of India's Free Trade Agreements (FTAs) on commodity value chains. This paper views such methodology as reductionist, and instead of...

by | On 15 Oct 2015

Book Review: Creating a New Medina: State Power, Islam, and the Quest for Pakistan in Late Colonial North India

Review of Creating a New Medina: State Power, Islam, and the Quest for Pakistan in Late Colonial North India New York: Cambridge University Press, 2015. 554 pp. Rs 940 (Hardcover) ISBN 978-1-107-05212...

by Gail Minault | On 14 Oct 2015

Dividend Policy and Role of Corporate Governance in Manufacturing Sector of Pakistan

This study examines the relationship between internal mechanisms and external mechanisms of corporate governance and dividend policy for 100 manufacturing firms listed on Karachi Stock Exchange over...

by | On 08 Oct 2015

Inside the News: Challenges and Aspirations of Women Journalists in Asia and the Pacific

Why does gender equality in the media matter? Because of the many influences that shape the way we see men and women, media are among the most powerful. Media shape our daily lives, infusing their mes...

by UNESCO UNESCO | On 07 Oct 2015

Technology, Development and the Role of the State

South Asian countries like India and Pakistan had in the beginning placed the State at the “commanding heights of the economy”. Later, the State was justifiably displaced from that high pedestal. Howe...

by | On 24 Sep 2015

Environmental Regulations and Compliance in the Textile Processing Sector in Pakistan: Empirical Evidence

This paper, seeks to understand why firms in the garment and textile sector choose to comply with or ignore Pakistan’s environmental regulations and effluent standards. Based on survey of 60 firms, it...

by Ghulam Samad | On 23 Sep 2015

Book Review: Beyond Partition: Gender, Violence, and Representation in Postcolonial India

Review of Beyond Partition: Gender, Violence, and Representation in Postcolonial India by Deepti Misri. Urbana: University of Illinois Press, 2014. 224 pp. Rs. 2,109/- (paper), ISBN 978-0-252-08039-5.

by Taveeshi Singh | On 21 Sep 2015

Book Review: India’s Fighter Pilots in the 1971 War: Daring and Devilry

Review of Death Wasn't Painful: Death Wasn’t Painful: Stories of Indian Fighter Pilots from the 1971 War by Dhirendra S Jafa, New Delhi, Sage Publications; 2014. pp. 268, Rs. 445/-. ISBN-13: 978-81321...

by SK Sriharsha | On 19 Sep 2015

Do the ‘Asian’ Categories in the British Censuses Adequately Capture the Indian Sub-continent Diaspora Population?

Categories that capture the Indian sub-continent-origin population – ‘Indian’, ‘Pakistani’, ‘Bangladeshi’ – have been included on all the British census forms (1991, 2001, 2011) that have asked about...

by | On 17 Sep 2015

Developing Regional Value Chains in South Asian Leather Clusters: Issues, Options and an Indian Case

The possibility of developing regional production networks in specific sectors between nations of South Asia has been explored in this paper. The case of the leather and leather goods cluster in T...

by Keshab Das | On 11 Sep 2015

The Dismal State of the Social Sciences in Pakistan

The report measures the development of social sciences against several criteria, some of which are listed here: the number of Pakistani social scientists who have made internationally recognised contr...

by S. Akbar Zaidi | On 11 Sep 2015

Debt-Bondage Slavery in India

There have been numerous investigations in recent years to determine the incidence and prevalence of modern slavery worldwide, and debt bondage in India has been found to be the most extensive form of...

by Sarah Knight | On 10 Sep 2015

Global Recession and Eurozone Debt Crisis: Impact on Exports of China and India

The study tries to evaluate the impact of recent crisis episodes viz. the global recession of 2008-09 and the Eurozone debt crisis of 2010-122 on the Emerging Market Economies (EMEs) of China and Ind...

by Pami Dua | On 03 Sep 2015

Human Traffcking and Contemporary Slavery

The article begins with a discussion of definitional issues regarding human trafficking and modern slavery and then briefly critiques some popular claims regarding each problem. Examples of macro-leve...

by Ronald Weitzer Weitzer | On 03 Sep 2015

Curbing Militancy: Regulating Pakistan's Madrassas

Thousands of madrassas in Pakistan remain completely unregulated by the government and their sources of funding unknown while many more thousands offer an education to their students with bleak employ...

by | On 25 Aug 2015

Safety First

Global market is in a turmoil. How can India have a stable economy? There are no easy solutions but to play safe.

by T.N. Ninan | On 21 Aug 2015

Capturing Willingness to Pay and Its Determinants for Improved Solid Waste Management

A dignified and healthy life remains a distant nightmare to the large majority of population in developing countries including Pakistan. Large masses living in this world particularly South Asian cou...

by | On 18 Aug 2015

Profile of Educational Outcomes by Gender: An Age Cohort Analysis

How to achieve target of universal primary education in Pakistan and how do we keep students that have enrolled to continue with schooling to higher levels are the most important policy questions whi...

by Madeeha Gohar Qureshi | On 18 Aug 2015

Deconstructing Indian Cotton: Weather, Yields, and Suicides

Cotton with coevolving pests has been grown in India more than 5000 years. Hybrid cotton was introduced in the 1970s with increases in fertilizer and in insecticide use against pink bollworm that caus...

by Andrew Gutierrez | On 17 Aug 2015

Public Debt Management in India and Related Issues

This study focuses on the marketable domestic public debt of the Government of India (GoI) in terms of size, magnitude, policy and approach followed and also discusses issues and challenges on debt m...

by Lakshmanan L | On 13 Aug 2015

Greece, In A Post-Colonial Bind

Countries of Europe's periphery are now playing out a script, already in play severally in the post-colony. It is a script in which populism has remained one of the principal weapons in the hands of t...

by Ranabir Samaddar | On 09 Aug 2015

IT Governance and IT Strategy: Board's Eye View

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

by Harun R Khan | On 04 Aug 2015

A Reality Check on Suicides in India

In this paper, we study the data from the National Crime Record Bureau (NCRB) of India and disaggregate across demographic and leading causes of suicides. We find that mental and physical health are t...

by Shamika Ravi | On 02 Aug 2015

The Sunday Edit: Greek Crisis: Back to Basics

The willingness to distribute pain between both debtors and creditors is the only sensible way forward for the fragile currency bloc.

by Ramkishen S. Rajan | On 02 Aug 2015

Cotton’s Forgotten Children: Child Labour and Below Minimum Wages in Hybrid Cottonseed Production in India

Data for 2014-15 shows that children under 14 years still account for nearly 25% of the total workforce in cottonseed farms in India. In 2014-15, a total of around 200,000 children below 14 years were...

by Davuluri Venkateswarlu | On 30 Jul 2015

Study of the Global Crisis: A Question of Inevitability of the Euro Zone Crisis

The paper aims to analyse points of contention among economists and policymakers. This paper will discuss the pre-crisis conditions in the euro zone nations to gauge the extent of vulnerability of the...

by | On 28 Jul 2015

Book Review: Partitioned Lives: Migrants, Refugees, Citizens in India and Pakistan, 1947-65

Review of Partitioned Lives: Migrants, Refugees, Citizens in India and Pakistan, 1947-65. New Delhi: Oxford University Press, 2012. xii + 254 pp. Rs. 521/-, ISBN 978-0-19-808177-7.

by Rohini Hensman | On 22 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

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

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

by Biresh K Sahoo | On 20 Jul 2015

Alternative Report on the State of Child Rights in Pakistan

The Alternative Report has been prepared by Save the Children UK (Pakistan office) and the Society for the Protection of the Rights of the Child (SPARC). It reflects the views of a large number of civ...

by ECHO Save the Children (U.K) | On 17 Jul 2015

Child Work and Schooling in Pakistan - To What Extent Poverty and Other Demographic and Parental Background Matter?

In this study an attempt has been made to disentangle the child employment and schooling tradeoff with perspective to understand the effect of income deprivation measures and other non-income factors...

by Saman Nazir | On 15 Jul 2015

The Sunday Edit: Tragedy of the Grecian Dilemma

Greek negotiations are more political than economic. Contrary to popular opinion, Greece has actually done quite well in terms of its macro fundamentals. And the case for imposing austerity measures...

by Saugata Bhattacharya | On 05 Jul 2015

Book Review: The Oxford Companion to Pakistani History

Review of The Oxford Companion to Pakistani History ed. Ayesha Jalal. Oxford: Oxford University Press, 2012. 558 pp. Rs. 4,488.75. ISBN-13: 978-0195475784.

by Rohit Wanchoo | On 02 Jul 2015

The Global Economic Crisis and Asian Developing Countries: Impact, Policy Response and Medium Term Prospects

After several years of impressive growth, the world economy encountered an equally impressive downturn starting in the third quarter of 2008, triggered by financial fragility and imbalances generated...

by Yilmaz Akyuz | On 29 Jun 2015

The Risk of Disaster-Induced Displacement in South Asia

This technical paper provides evidence-based estimates of the likelihood of disaster-induced displacement in Afghanistan, Bangladesh, Bhutan, India, the Maldives, Nepal, Pakistan and Sri Lanka. It att...

by Justin Ginnetti | On 24 Jun 2015

Inflation Targeting India: Select Issues

The adoption of inflation targeting in India has been a much debated topic which also becomes a challenge for the emerging economy. Though inflation targeting has already been adopted in many emerging...

by Charan Singh | On 18 Jun 2015

Minorities and Inclusive Electoral Processes in South Asia

This overview brings together major findings and crosscutting issues in the “country situation reports” from Bangladesh, India, Nepal, Pakistan and Sri Lanka respectively, which were commissioned b...

by South Asians for Human Rights SAHR | On 15 Jun 2015

India and Bangladesh Land Boundary Agreement

Attempts have been made to arrive at a comprehensive settlement of the land boundary between India and Bangladesh (the erstwhile East Pakistan) since 1947. The Nehru-Noon agreement of 1958 and the agr...

by Ministry of External Affairs, GoI MEA | On 07 Jun 2015

Impact of Interbank Liquidity on Monetary Transmission Mechanism: A Case Study of Pakistan

The transmission mechanism of policy-induced changes are is analysed in the discount rate and required reserves in Pakistan. The results suggest that the pass through to the lending rate is complete f...

by Muhammed Omar | On 05 Jun 2015

Flawed Urban Development Policies in Pakistan

History and civilisation move in cities. All major scientific, social, political, economic and technological innovations have happened in human agglomerations known as cities. Great civilisations and...

by | On 04 Jun 2015

A Value Chain Approach to Measuring Distortions to Incentives and Food Policy Effects (with application to Pakistan’s grain policy)

An extended Nominal Rate of Assistance (NRA) methodology is used to disentangle the welfare impacts of policies for various interest groups along the value chain (to disaggregate effects within the “p...

by Elena Briones Alonso | On 02 Jun 2015

Book Review: Civil Wars in South Asia: State, Sovereignty, Development

Review of Civil Wars in South Asia: State, Sovereignty, Development ed. Aparna Sundar and Nandini Sundar. New Delhi: Sage Publications, 2014. pp. 273. Rs. 850/-, ISBN: 9789351500407.

by Pramod K. Nayar | On 28 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

The Internet and State Intervention in Asia: A Comparative Study of Selected Countries

In context of contemporary debates about censorship, net neutrality and the role of the state in today’s globalising world, it becomes vital to examine the stand taken by various Asian governments tow...

by Nandini Bhattacharya | On 17 Apr 2015

Book Review: Home, Uprooted: Oral Histories of India's Partition

Review of Home, Uprooted: Oral Histories of India's Partition. New York: Fordham University Press, 2014. 288 pp. Rs. 1875.00, ISBN 978-0-8232-5644-0.

by Nishat Zaidi | On 17 Apr 2015

Personalities and Public Sector Performance: Evidence from a Health Experiment in Pakistan

This paper provides evidence that the personality traits of policy actors matter for policy outcomes in the context of two large-scale experiments in Punjab, Pakistan. Three results support the releva...

by | On 14 Apr 2015

Women, Violence and Conflict in Pakistan

This report presents an overview of both legal frameworks that have institutionalised discrimination and fuelled religious intolerance and violence against women and a dysfunctional criminal justice s...

by International Crisis Group | On 13 Apr 2015

Pakistan: The Worsening IDP Crisis

Internally displaced persons operation was one of the first against armed anti-state fighters in the tribal belt, and marked the beginning of operations across the seven tribal agencies of the Federal...

by International Crisis Group | On 06 Apr 2015

Situation Analysis of Children and Women in Pakistan

This Situation Analysis shows that females in Pakistan face discrimination, exploitation and abuse at many levels, starting with girls who are prevented from exercising their basic right to education,...

by United Nations Children's Fund UNICEF | On 01 Apr 2015

Pakistan’s Water Crisis

‘One of the most water-stressed countries in the world, not far from being classified as water scarce’, Pakistan faces an existential threat- one that could potentially hobble its already modest econo...

by | On 20 Mar 2015

Capturing the Demographic Dividend in Pakistan

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

by Zeba Sathar | On 19 Mar 2015

Searching for Security: The Rising Marginalization of Religious Communities in Pakistan

Despite some recent signs of progress in Pakistan, there continues to be high levels of religious discrimination in the country. Drawing on an extensive review of the literature and interviews with a...

by | On 19 Mar 2015

The Economic Impacts of Inadequate Sanitation in Pakistan

In Pakistan, the deterioration of the environment continues to harm livelihoods and health, increasing the vulnerability of the nation’s poor. It has long been clear that lack of access to clean wat...

by | On 13 Mar 2015

Global Imbalances and Bretton Woods II Postulate

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

by Krishnakumar S | On 10 Mar 2015

The Effect of Women’s Decision-Making Power on Reproductive Health Services Uptake - Evidence from Pakistan

A large body of research has attempted to explore the links between women's autonomy and their uptake of reproductive health services in the South Asia region, but the evidence so far is inconclusive...

by Xiaohui Hou | On 04 Feb 2015

India-Pakistan Trade: A Case Study of the Pharmaceutical Sector

This paper attempts to evaluate the possible gains and losses arising from the gradual opening up of pharmaceutical trade between India and Pakistan. The comparative advantages of both countries at a...

by Vaqar Ahmed | On 22 Dec 2014

Pakistan and Afghanistan: Understanding Islamabad’s Objectives and Strategies

Pakistan plays a vital role in Afghanistan and is its most prominent neighbor given its strategic location, geographical proximity, historical and cultural ties with the exception of political influen...

by | On 18 Dec 2014

Cross-Sectional Time Series Analysis of Associations between Education and Girl Child Marriage in Bangladesh, India, Nepal and Pakistan

Girl education is believed to be the best means of reducing girl child marriage (marriage <18 years) globally. However, in South Asia, where the majority of girl child marriages occur, substantial imp...

by Anita Raj | On 02 Dec 2014

Violence against Women in Politics A study conducted in India, Nepal and Pakistan

This study addresses the nature, extent and reasons for women’s political participation within India, Nepal and Pakistan. All three countries have recently elected or are in the process of electing th...

by Ranjana Kumari | On 27 Nov 2014

Education System Reform in Pakistan: Why, When, and How?

Pakistan’s education system faces long-standing problems in access, quality, and equal opportunity at every level: primary and secondary schools, higher education and vocational education. In spit...

by Mehnaz Aziz | On 10 Nov 2014

Debt Sustainability at the State Level in India

The debt position of the state governments in India, which deteriorated sharply between 1997-98 and 2003-04, has witnessed significant improvement since 2004-05, reflecting the impact of both favourab...

by Atri Mukherjee | On 19 Aug 2014

Public Debt Management: Reflections on Strategy and Structure

The strategy and structure of public debt management in India is shown here. [ Keynote address delivered at 9th Annual International Conference on “Public Policy & Management: Debt Management” at Ind...

by Harun R Khan | On 13 Aug 2014

The Questions the Cotton Hill Incident is Raising

The Head Mistress of Cotton Hill School, Thiruvananthapuram, Kerala (the biggest girls' school in Asia, student strength wise), expressed her concern over the losing of school hours as the children ar...

by Roshni Padmanabhan | On 28 Jul 2014

Determinants for the Demand and Supply of Texile Exports of Pakistan

This study analyses the demand and supply side determinants of textile and garments’ exports of Pakistan using time series data for the period 1972– 2010. Eight trading partners (US, UK, Canada, It...

by Rabia Latif | On 01 Jul 2014

Water Security in South Asia: Issues and Policy Recommendations

It is estimated that by 2030, only 60 per cent of the world's population will have access to fresh water supplies. This would mean that about 3 billion people would be living without reliable source...

by Wilson John | On 15 May 2014

Health and Poverty Linkages: Perspectives of the chronically poor

This paper identifies the mediating factors that underpin a spiral or descent into chronic poverty and identifies points at which intervention will most likely make a difference.

by Ursula Grant | On 27 Feb 2014

A Turbulent Pakistan: India’s Choices in Response

The fate and future of Pakistan has been an issue of considerable concern and anxiety not only inside Pakistan but in the world at large and South Asia in particular. The Fund for Peace project on the...

by S.D. Muni | On 22 Jan 2014

Subnational-level Fiscal Health: Stability and Sustainability Implications for Kerala, Punjab, and West Bengal

The Government of India has recently announced that Kerala, Punjab, and West Bengal are fiscally unsound at the level of general category states. The study reviews this projection and assesses their...

by Nimai Das | On 26 Nov 2013

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

Economic and Environmental Impacts of Bt Cotton: Evidence from Pakistan

This study estimates the benefits from adopting Bt cotton seeds in Punjab, Pakistan over two cropping seasons in 2008 and 2009. This study uses reduced-form panel models to determine the average eff...

by Khuda Bakhsh | On 11 Sep 2013

Do Open Sewers Lead to a Reduction in Housing Prices? Evidence from Rawalpindi, Pakistan

The Hedonic property value method is used to estimate how a dismenity, bad odor from an open sewer system, affects housing prices in the city of Rawalpindi in Pakistan. An estimate of the benefits of...

by Mohammad Irfan | On 05 Sep 2013

Migration and Poverty in India: A Multi-Patterned and Complex Reality

The paper reviews the existing evidence on migration-poverty interface in the light of the macro and micro level studies in India. It also discusses the extent, patterns, and correlates of short term...

by Amita Shah | On 03 Sep 2013

Cyberwarfare: Logged and Loaded, but Wither Asia?

Cyber operations could have as devastating an impact on populations as conventional military weapons. With militaries already in the process of developing cyberwarfare as a means of battle, there is a...

by Elina Noor | On 26 Jul 2013

An Economic Investigation of Corruption and Electricity Theft

Theft and corruption are common in electricity distribution systems worldwide. Electricity theft is analysed in the framework of an individual’s choice under uncertainty and through a three-layered pr...

by Faisal Jamil | On 10 Jul 2013

Federal Budget in Brief 2013-14: Pakistan

Budget brief Pakistan 2013-14. [Government of Pakistan]. URL:[http://www.finance.gov.pk/budget/Budget_in_Brief_2013_14.pdf].

by Minister of Finance Pakistan | On 14 Jun 2013

Market Power and Industrial Performance in Pakistan

Using a panel of eight Pakistani manufacturing industries, We have examined the changes in price-cost margin (gross profitability) during 1998-2009. In this study the traditional industrial organizati...

by Akbar Ullah | On 23 May 2013

Budget Analysis: Kerala Budget 2013-14

The Minister of Finance, K.M Mani , presented the General Budget 2013 to the State Assembly on March 15, 2013. In his address, he commented on the fiscal performance of the State in 2012-13 and laid...

by Vishnu Padmanabhan | On 09 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

Odisha Budget 2013-14: Part II General

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

by Government of Orissa | On 25 Feb 2013

New Frontiers, New Struggles: Press Freedom in South Asia 2011-12

Journalism in South Asia is facing many challenges with physical security being a major issue in most of the region. Several countries may have improved relatively due to decisions to reduce the risks...

by International Federation of Journalists IFJ | On 04 Feb 2013

Women Workers from Asia to Gulf: Its Outcomes

Review of the book 'Migration of Women Workers from South Asia to the Gulf' By Rakkee Thimothy, S.K. Sasikumar, UN Women, 2012

by R. S. Reshmi | On 24 Dec 2012

Review of Input and Output Policies for Cereals Production in Pakistan

This report reviews the input and output policies for cereals implemented in Pakistan during the period 1996–2010. Pakistan has a long and varied history of intervening in farm input and output market...

by Abdul Salam | On 16 Nov 2012

The Air that We Breathe: Addressing the Risks of Global Urbanization on Health

The Editors examine the lack of correlation between the size of a city and its air quality, noting that the strength of environmental laws and the accountability of the country's government have a gre...

by PLoS Medicine Editors | On 30 Aug 2012

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

Japan’s Post-Triple-Disaster Growth Strategy

This paper discusses the scope of the many challenges and sets out a long-term strategy for overcoming them and putting the Japanese economy on a stable growth path. [Working Paper No. 376]. URL:[http...

by Masahiro Kawai | On 24 Aug 2012

Capital Market Bank Funding: (Not such a) Brave New World …

What degree the financial crisis and the resulting developments have impacted and will impact long-term, capital market bank funding. [DB research] URL:[http://www.dbresearch.com/PROD/DBR_INTERNET_EN-...

by Meta Zähres | On 23 Aug 2012

Applying an Equity Lens to Maternal Health Care Practices in Pakistan

The focus of this study is to see how equitable the access and utilisation of health services are among married women in Pakistan. It examines the changes in the pattern of maternal health care prac...

by Naushin Mahmood | On 20 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

Environmental Changes and Ripples for Water Security in Southern States

Environmental change is regarded by many geopolitical experts as one of the biggest threats to international security in the coming years. In Southern Asia, its impact on rivers, and thus water secur...

by Dhanasree Jayaram | On 07 Aug 2012

National Strategy for Financial Education

India is having large population, a fast growing economy with national focus on inclusive growth and an urgent need to develop a vibrant and stable financial system, it is all the more necessary to...

by Pranab Mukherjee | On 20 Jul 2012

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

Intrinsic Inflation Persistence in a Developing Country

This study estimates degree of intrinsic inflation persistence in Pakistan using aggregate price index, group level price indices, and individual commodity prices. Monthly data from 1959 to 2011 is us...

by Muhammad Nadim Hanif | On 09 Jul 2012

Are Drone Strikes Effective in Afghanistan and Pakistan? On the Dynamics of Violence between the United States and the Taliban

Strikes by unmanned aerial vehicles, or drones, have been the primary weapon used by the United States to combat the Taliban and Al-Qaeda in Afghanistan and Pakistan. This paper examines the dynamic...

by David A. Jaeger | On 01 Jun 2012

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

Awake the Sleeper Within: Releasing the Energy of Stifled Domestic Commerce!

Policy in Pakistan has been fairly path-dependant, placing a higher weight on export promotion and domestic industrialisation development than on domestic commerce. Yet domestic commerce is growing...

by Nadeem Ul Haque | On 28 May 2012

The Cost of Unserved Energy: Evidence from Selected Industrial Cities of Pakistan

This study is an attempt to explore the cost of unserved energy due to power outages in Pakistan that started in 2007. The study is based on a survey conducted for four major industrial cities of Pu...

by Rehana Siddiqui | On 24 May 2012

How Much is a Life Worth? Examining the Risk-Wages Trade Off in Pakistan

Governments across the world use estimates of people’s willingness to pay for a reduction in the probability of death and injury to develop a wide range of environmental, industrial and developmenta...

by South Asian Network for Development SANDEE | On 21 May 2012

Integrating Urban Datasets: The Path to Effective Socio-Economic Planning in Urban Pakistan

Effective urban policy making and implementation in Pakistan is impeded by the problem of integrating data containing incompatible spatial references. There is great heterogeneity across spatial units...

by Sohaib Khan | On 16 May 2012

Adolescent Fertility in Low- and Middle-Income Countries: Effects and Solutions

Adolescent fertility in low- and middle-income countries presents a severe impediment to development and can lead to school dropout, lost productivity, and the intergenerational transmission of pover...

by Kate McQueston | On 15 May 2012

Measuring the Contribution of Bt Cotton Adoption to India’s Cotton Yields Leap

This study examines the contribution of Bt cotton adoption to long- term average cotton yields in India using a panel data analysis of production variables in nine Indian cotton-producing states from...

by Guillaume P Gruere | On 25 Apr 2012

Trans-boundary River Basins in South Asia: Options for Conflict Resolution

India's trans-boundary riparian policies affect four countries - Pakistan, Nepal, Bhutan and Bangladesh - on three river systems - the Indus, the Ganga and the Brahmaputra-Mehgna. China's riparian pol...

by Gopal Siwakoti Chintan | On 25 Apr 2012

The Demographic Dividend: Effects of Population Change on School Education in Pakistan

This study examines how the changing demographics in Pakistan, resulting primarily from fertility transition, would affect educational attainment of school-age population during the next two decades...

by Naushin Mahmood | On 23 Apr 2012

Labour Migration and Remittances in Uttarakhand

The type, volume, and mode of transfer of remittances in Uttarakhand is analysed. The impact of remittances, in terms of both financial flows and transfer of new skills and the perceptions in relat...

by Anmol Jain | On 18 Apr 2012

Construction and Seasonal Patterns of Islamic Hijri Calendar Monthly Time Series: An Application to Consumer Price Index (CPI) in Pakistan

Time series data are compiled and analysed in accordance with Gregorian calendar, given its world-wise use. This paper presents a simple method of constructing time series in accordance with Hijri Cal...

by Riaz Riazuddin | On 13 Apr 2012

The Great Depression and the Great Recession: What have we Learned?

The Financial Crisis of 2007-2008 and the Great Recession of 2007-2009 are now in the past. Again there was the debt crisis of 2010-11. During the worst of the recent financial crisis/Great Recession...

by Michael D Bordo | On 13 Apr 2012

Monetary Transmission in Pakistan: The Balance Sheet Channel

Using data of non-financial listed firms over a period of 1999-2010, this paper investigates the effectiveness of balance sheet channel in monetary transmission mechanism in Pakistan. By classifying f...

by Safia Shabbir | On 09 Apr 2012

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

Budget Speech 2012-13: Mizoram

Budget Speech of PU H.LIANSAILOVA HON’BLE FINANCE MINISTER. [Government of Mizoram]. URL:[http://mizoram.nic.in/budget/Interim%20Budget%20Speech%2012-13.pdf].

by Finance Minister Mizoram | On 29 Mar 2012

Odisha Budget Speech 2012-13

Budget Speech by Shri Prafulla Chandra Ghadai. [Government of Odisha]. URL:[http://www.orissa.gov.in/finance/Budgets/2012-13/BUDGET%20SPEECH%20ENGLISH.pdf].

by Government of Orissa | On 27 Mar 2012

Federal Budget of Pakistan-2011-12

BUDGET SPEECH 2011-2012 by DR. ABDUL HAFEEZ SHAIKH, Minister for Finance, Revenue, Economic Affairs, Statistics and Planning & Development.

by Minister of Finance Pakistan | On 12 Mar 2012

Time Poverty, Work Status and Gender: The Case of Pakistan

Time is an important economic resource that can be spent in a variety of ways. Diverse demands on a person’s time may reach a point where the individual may be categorized as time poor. Time poverty...

by Najam us Saqib | On 09 Mar 2012

Estimating Standard Error of Inflation in Pakistan: A Stochastic Approach

Standard errors (S.Es.) of month on month and year on year inflation in Pakistan are estimated based on data for the period of July 2001 to June 2010 using stochastic approach as well as extended s...

by Javed Iqbal | On 15 Feb 2012

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

Estimating the Middle Class in Pakistan

Using the Pakistan Social and Living Measurement Survey (PSLM), conducted in 2007-08, the paper measures the magnitude of the middle class (definition given by Thurow (1987); Birdsall, Graham and Pe...

by Durr-e- Nayab | On 06 Feb 2012

The Euro Zone Crisis and its Dimensions and Implications

The sovereign debt problems in the peripheral economies of the euro zone has started to pose a serious threat to the main economies of the Europe and perhaps to the future of the 'euro‘ itself. Such a...

by M R Anand | On 06 Feb 2012

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

Transparency in Parliament: A Review of the Procedures and Practices in South Asia along with Recommended Guidelines for Increasing Openness

This paper examines the functioning of Parliaments in Bangladesh, India, Pakistan and Sri Lanka1 in order to gauge the extent of openness and access from the point of view of both Members of Parliam...

by South Asians for Human Rights SAHR | On 31 Jan 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

Global Health and the New Bottom Billion: How Funders Should Respond to Shifts in Global Poverty and Disease Burden

After a decade of rapid economic growth, many developing countries have attained middle-income status. But poverty reduction in these countries has not kept pace with economic growth. As a result, mos...

by Amanda Glassman | On 31 Jan 2012

More and Better Jobs in South Asia

This report investigates how more and better jobs can be created in South Asia. It does so for two reasons. First, this region will contribute nearly 40 percent of the growth in the world’s workin...

by Reema Nayar | On 30 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

The Relationship between Inflation and Relative Price Variability in Pakistan

This paper explores the relationship between inflation and relative price variability (RPV) by using disaggregated CPI data for Pakistan. Three methods have been used to assess the functional form and...

by Muhammad Akmal | On 25 Jan 2012

To Bt or Not to Bt? Risk and Uncertainty Considerations in Technology Assessment

Production costs and crop incomes in drought years are analyzed to test a simplistic theory of risk based on first principles. A mixed-methods framework is employed to draw inferences by combining da...

by Sarthak Gaurav | On 24 Jan 2012

Rural to Urban Migration in Pakistan: The Gender Perspective

This paper analyses gender dimensions in rural to urban migration (age 10 years and above) in Pakistan. The study is based on Labour Force Surveys 1996-2006. The findings of the study show that over...

by Shahnaz Hamid | On 20 Jan 2012

Challenges in IMS Reforms: A Global and Emerging Markets Perspective

The current global financial crisis has reopened an old debate on the international monetary system by baring weaknesses and flaws that have long been known. The debate is centred on both stability an...

by Alok Sheel | On 10 Jan 2012

Power, Profits and Inflation: A Study of Inflation and Influence in Pakistan

The analysis seeks to look at inflation as a political economic phenomenon, based on a framework devised by Jonathan Nitzan and christened differential accumulation. The theory of differential accumul...

by Syed Ozair Ali | On 05 Jan 2012

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

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

by Muhammad Arshad Khan | On 03 Jan 2012

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

Contribution of Services Sector in the Economy of Pakistan

The services sector has provided steady support to Pakistan’s economic growth. It share in GDP now stands a more than 50 percent. The paper analyses its continuation in the growth of the economy in...

by Ayaz Ahmed | On 29 Dec 2011

Poverty Dynamics of Female-headed Households in Pakistan: Evidence from PIHS 2000-01 and PSLM 2004-05

The paper attempts to empirically test a naïve version of what is rather stylistically termed as “feminisation of poverty”, using the sub-sample of female -headed households (FHHs) from two househol...

by Umer Khalid | On 21 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

Exposing the Plight of Farmers in Punjab

Review of the book 'Debt and Death in Rural India: The Punjab Story' by Aman Sidhu and Inderjit Singh Jaijee Sage Publications India, New Delhi, 2011, Rs 750/-, pp 360.

by Gursharan Singh Kainth | On 13 Dec 2011

The Effect of Foreign Remittances on Schooling: Evidence from Pakistan

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

by Muhammad Nasir | On 13 Dec 2011

Estimating the Value of Statistical Life in Pakistan

The study estimates the Value of Statistical Life and Limb in Pakistan based on the compensating wage differential among blue-collar industrial workers in the city of Lahore. The data for this study...

by Mohammad Rafi | On 07 Dec 2011

The Politics of Water Discourse in Pakistan

The policy brief explores the evolving discourse on water issues in Pakistan where the process of political articulation, securitization and mobilization which often links water to Kashmir is studied....

by Medha Bisht | On 24 Nov 2011

The Financial Accelerator: An Emerging Market Story

In support of the financial-accelerator theory, evidence is found on countercyclical price-cost banking margins possibly explaining the amplifications of business cycles in Pakistan. [WP 41]. URL:[ht...

by Shah Hussein | On 03 Nov 2011

Macro-Economic Policy Outcomes and Agriculture Relation between Fiscal Deficits and Investment in Agriculture

In an earlier paper (Alagh, Munish, 2011) it was shown that macro economics matters in agriculture. The relevance of understanding the impact of macro-economic policy on agriculture was outlined. A...

by Munish Alagh | On 24 Oct 2011

Gender, Governance and Women’s Rights in South Asia

This study focuses on gender equality and democratic governance in the five largest states of the South Asian region, namely, India, Pakistan, Bangladesh, Sri Lanka and Nepal. Beginning with a general...

by Seema Kazi | On 20 Oct 2011

Valuing the Recreational Uses of Pakistan’s Wetlands: An Application of the Travel Cost Method

This study applies a single-site truncated count data travel cost model in order to estimate the value visitors place on recreation in Keenjhar. The recreational use value associated with Keenjhar...

by Ali Dehlavi | On 27 Sep 2011

Pesticide Applications in Bt Cotton Farms: Issues Relating to Environment and Non-Tariff Barriers

This paper is undertaken to examine various aspects of farm level adoption of Bt cotton in Gujarat as well as explore issues relating to environment and non-tariff barriers affecting the cotton trade...

by N. Lalitha | On 27 Sep 2011

Opening India’s Garments Sector to South Asia

This paper examines the competitiveness of the Indian garments industry vis-à-vis the other South Asian countries Bangladesh, Pakistan and Sri Lanka. Under the SAFTA agreement, many of the garment i...

by Saon Ray | On 16 Sep 2011

Pakistan: 10 Year Banking Strategy Paper for the Banking Sector Reforms

This paper maps out a strategy for banking sector reforms over the next decade. It is formulated by the State Bank of Pakistan (SBP) and is centered on reforms involving the SBP. But the Banking Secto...

by State Bank of Pakistan SBP | On 15 Sep 2011

India-Pakistan Trade

On the basis of a survey conducted in three cities viz., Delhi, Mumbai and Amritsar the paper examines the characteristics of firms engaged in Indo- Pakistan trade. It also estimates the transaction...

by Nisha Taneja | On 11 Aug 2011

The Challenge of Aid in Pakistan: Is Cash on Delivery Part of the Solution?

This brief examines options for a (Cash on Delivery) COD Aid contract in Pakistan’s education sector and its potential benefits for improving the relationship between official donors and the governm...

by Wren Elhai | On 08 Aug 2011

Determinants of Primary Yield Spreads of States in India: An Econometric Analysis

An attempt is made to identify the determinants of yield spreads between the State and Central government securities in a panel data framework as has been used in several cross-country studies. This...

by Dhritidyuti Bose | On 08 Aug 2011

Detection and Forecasting of Islamic Calendar Effects in Time Series Data: Revisited

This paper is an attempt to revisit the pioneering work of Riazuddin and Khan (2002). A complete business cycle has been elapsed (2002-2010) since their study, so there is need to review the results ...

by Syed Kalim Hyder Bukhari | On 05 Jul 2011

Fiscal Policy for Poverty Reduction, Reconstruction, and Growth

Growth, poverty reduction, and social peace are all undermined when public expenditure management and taxation are weak and when the fiscal deficit and public debt are not managed successfully. And la...

by Tony Addison | On 04 Jul 2011

Estimating Output Gap for Pakistan Economy: Structural and Statistical Approaches

The objective of this study is to estimate potential output vis-à-vis output gap for Pakistan’s economy. This paper reviews six commonly used techniques to estimate potential output and from that the...

by S. Adnan H. A. S. Bukhari | On 09 Jun 2011

Captured by Cotton: Exploited Dalit Girls Produce Garments in India for European and US Markets

In this report, the widespread use of the Sumangali Scheme in Tamil Nadu is illustrated by four case studies of such vertically integrated enterprises of which the European and US buyers were identif...

by HAQ Centre for Child Rights HAQCRC | On 08 Jun 2011

Beyond Bullets and Bombs: Fixing the U.S. Approach to Development in Pakistan

In a new CGD report, U.S. and Pakistani development experts urge a substantial revamp of the U.S. approach to Pakistan, saying that U.S. efforts to build prosperity in the nuclear-armed nation with a...

by Nancy Birdsall | On 02 Jun 2011

India Pakistan Trade Possibilities and Non-tariff Barriers

This paper aims to identify the bilateral trade possibilities and non-tariff barriers between India and Pakistan. The study shows that there is a large untapped trade potential between the two coun...

by Nisha Taneja | On 31 May 2011

Report of the Expert Group on Agricultural Indebtedness

The issue of farmers’ indebtedness becomes a matter of intense debate whenever the agricultural sector faces distress. But, the root cause of the current crisis is not indebtedness alone - indebtedn...

by Indira Gandhi Institute of Development Research | On 30 May 2011

History Revisited: Narratives on Political and Constitutional Changes in Kashmir (1947-1990)

One of the main conflicts prevailing in South Asia today is that of the row over Kashmir. The long history of the conflict, the states involved in the conflict and its geo-political position has...

by Khalid Wasim Hassan | On 26 May 2011

Staff Guidance Note on Debt Limits in Fund-Supported Programs

In August 2009, the Executive Board approved new guidelines on external debt limits in Fund-supported programs. Debt limits seek to prevent the build-up of unsustainable debts, while allowing for adeq...

by International Monetary Fund | On 18 May 2011

New media: problems and prospects

The author advocates liberal and secular ideas in a country, Pakistan, too-often torn by religious extremism and strives for the defence and promotion of press freedom under difficult circumstances an...

by Najam Sethi | On 08 May 2011

Enhancing Intra-SAARC Trade: Pruning India’s Sensitive List under SAFTA

The study suggests an approach to reduce India’s sensitive list under SAFTA. The concept of Revealed Comparative Advantage has been used to pair the RCAs for products on India’s sensitive list with th...

by Nisha Taneja | On 29 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

Ramadan Effect on Price Movements: Evidence from Pakistan

This paper attempts to verify the widespread perception that general price level tends to rise due to the month of Ramadan in Pakistan. For this purpose, the ARIMA methodology (simple and extended f...

by Muhammad Akmal | On 19 Apr 2011

Anti-worker Stance of Higher Courts of Pakistan: Brewing Protests

With Pakistan’s higher courts’ growing trend towards discriminatory judgements in cases involving workers or on labour issues, protests are brewing.

by Farooq Tariq | On 22 Mar 2011

Report Cards: The Impact of Providing School and Child Test-scores on Educational Markets

Recent evidence on the impact of information provision on service delivery has been mixed, with overall outcomes even worsening in certain cases. We examine the market-wide impact of an experimental i...

by Tahir Andrabi | On 07 Mar 2011

Report of the Expert Group on Agricultural Indebtedness

The issue of farmers’ indebtedness becomes a matter of intense debate whenever the agricultural sector faces distress. But, the root cause of the current crisis is not indebtedness alone - indebtedn...

by Ministry of Finance | On 28 Feb 2011

Teacher Absence as a Factor in Gender Inequalities in Access to Primary Schooling in Rural Pakistan

Public-sector education in many countries in western and southern Asia, including Pakistan, is characterized by separate schools for boys and girls at the primary and secondary levels. In this paper...

by Sharon Ghuman | On 25 Feb 2011

Revitalizing the Planning Commission: Some Recommendations

This paper considers the key problems confronting the Pakistan Planning Commission; briefly examines the essentials of planning for a mixed economy; draws lessons from the experience of countrie...

by Khalid Ikram | On 09 Feb 2011

Asymmetric Shocks and Co-movement of Price Indices

This paper is an attempt to gauge the relationship between the long run paths of consumer price index and wholesale price index of Pakistan. For the empirical analysis the Johansen cointegration tec...

by Nasir Hamid Rao | On 07 Feb 2011

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

Book Reviews: Common Origins, Divergent Paths

Philip Oldenburg. India, Pakistan, and Democracy: Solving the Puzzle of Divergent Paths. Milton Park, Abingdon, Oxon: Routledge, 2010. x + 273 pp. $145.00 (cloth), $39.95 (paper). [H-Net Review]

by Sumit Ganguly | On 30 Jan 2011

Shared Goals: Measuring Overall Development in Pakistan

Five possible indicators are suggested that illustrate the type of measurable targets that could help the United States and Pakistan meet shared goals for effective and transparent development. [CGD...

by Nancy Birdsall | On 17 Jan 2011

The French Nuclear Energy Experience: Lessons for India

This study seeks to derive lessons from the French nuclear energy experience that can be used to guide the Indian programme as it steps on the pedal to fast track nuclear expansion. [Occasional Paper...

by Manpreet Sethi | On 13 Jan 2011

Asymmetric Federalism in India

The paper examines the asymmetric features in Indian federalism and evaluates its contribution. There are discussions on the special arrangements in the Indian constitution to accommodate special ca...

by M Govinda Rao | On 14 Dec 2010

Does the HIPC Initiative Achieve its Goal of Debt Sustainability?

This paper examines the question if the Heavily Indebted Poor Country (HIPC) Initiative provides a good basis for the HIPCs to exit from repeated debt rescheduling. Building on other reviews of the...

by Bernhard G. Gunter | On 23 Nov 2010

Aid, Public Sector Fiscal Behaviour and Developing Country Debt

This paper looks at public sector debt in developing countries, being concerned specifically with the relationship between aid inflows and the public sector borrowing requirement net of aid loans. A...

by Simon Feeny | On 17 Nov 2010

External Debt and Growth in Developing Countries: A Sensitivity and Causal Analysis

The paper aims to enhance the existing literature on the debt-growth nexus by analysing the relationship in two separate country groups using the extreme bounds analysis for sensitivity tests and th...

by Abdur R. Chowdhury | On 10 Nov 2010

The Asian Development Bank Loan for Kerala (India): The Adverse Implications and Search for Alternatives

The privileging of internal resources over external finance is not only the most democratic but also the most politically desirable option. The implications of the ADB loan for Kerala is situated ag...

by K. Ravi Raman | On 09 Nov 2010

The WTO Agreement on Rules of Origin: Implications for South Asia

From neutral trade policy devices employed to identity country of origin of commodities, the rules of origin are emerging as protectionist tools. Nation-states, as they are increasingly denied of co...

by K N Harilal | On 09 Nov 2010

Temptations of power

China is not only on the path to Great Power status, it also means to exercise its newfound muscle. What is difficult to understand is why it wants to behave like a rogue power when the world would wa...

by T.N. Ninan | On 05 Nov 2010

Accelerating Economic Growth and Reducing Poverty: The Road Ahead

It outlines the broad framework and the strategy for poverty reduction based on four pillars: (a) accelerating economic growth while maintaining the macroeconomic stability; (b) improving the govern...

by Ministry of Finance, Government of Pakistan, | On 19 Oct 2010

On Some Monetarist Arithmetic

The paper improves upon the original Sargent-Wallace (SW) version which had to resort to numerical simulations to prove this point It is also shown that incorporating the Mundeil-Tobin and Darby-Tanzi...

by M J Manohar Rao | On 13 Oct 2010

Beyond Short-Term Thinking: How to Spend Billions Well in Pakistan, for Them and for Us

This essay draws on the work of the Center for Global Development’s Study Group on U.S. Development Strategy in Pakistan and on the ideas in the group’s open letters to Ambassador Richard Holbrooke...

by Nancy Birdsall | 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

Debt Policy in a Competitive Two-Sector Overlapping Generations Model

In this paper debt policy in a two-period, two-sector overlapping generations model with Leontief technologies has been analysed. It has been found that debt, issued to transfer resources to the initi...

by Partha Sen | On 28 Sep 2010

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

How Long Can The G20 old Itself Together?A Power Analysis

Since its emergence before the Cancun Ministerial in September 2003, the Group of 20 developing countries (which includes South Africa, India, China, Indonesia, Thailand and Pakistan) has become an im...

by Prabhash Ranjan | 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

Instability at the Gate: India’s Troubled Northeast and its External Connections

This paper intends first to give a brief overview of the rise and growth of some of those separatist groups, with a special focus on the Nagas, the Mizos and the Assam movement. An analysis of the de...

by Renaud Egreteau | On 10 Jun 2010

Constitutional Fiats: Presidential Legislation in India’s Parliamentary Democracy

his article (the first in a two-part series) evaluates the nature and scope of executive controls over primary legislation in India and Pakistan. A Parliament, in a representative democracy, is the pr...

by Shubhankar Dam | On 05 Jun 2010

Economics and Efficiency of Organic Farming vis-à-vis Conventional Farming in India

The present paper focuses mainly on the issues like economics and efficiency of organic farming visà- vis conventional farming in India. Four states namely Gujarat, Maharashtra, Punjab and U.P were...

by D. Kumara Charyulu | On 25 May 2010

The Size of Informal Economy in Pakistan

This paper estimates the size of informal economy in Pakistan by using monetary approach with some modifications, electricity consumption approach and MIMIC model. Under monetary approach, we take car...

by Muhammad Farooq Arby | On 20 May 2010

Nuclear Deterrence in Second Tier Nuclear Weapon States: A Case Study of India

The study examines the manner in which India is engaged in constructing a credible and stable deterrence relationship with two of its nuclear armed adversaries, Pakistan and China with an arsenal mu...

by Manpreet Sethi | On 16 Feb 2010

Gujarat Consultation on Bt Brinjal

Farmers, students , organic farmers, anti-GM activists thronged to the consultation on Bt-Brinjal held late last month in Gujarat with the government.

by Claude Alvares | On 05 Feb 2010

India's Public Finances: Do They Matter

India’s general government deficits and public debt have remained high despite faster economic growth in recent years and periodic attempts to instil greater fiscal discipline. Modest fiscal tighten...

by Paul Rawkins | On 04 Feb 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

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

Poverty Dynamics in Rural Sindh, Pakistan

This paper focuses on poverty dynamics and their determinants, using panel survey data for rural Sindh, Pakistan. Households interviewed by the International Food Policy Research Institute (IFPRI) d...

by Hari Ram Lohano | On 10 Dec 2009

The Limits of Intellectual Property Rights: Lessons from the Spread of Illegal Transgenic Cotton Seeds in India

This paper examines these difficulties of regulation in the context of spread of unapproved transgenic Bt cotton seeds in India. This paper also examines the impact of the cultivation of approved and...

by Bharat Ramaswami | On 08 Dec 2009

Combining Data, Enhancing Explanation

In this paper the author analyzes the pros and cons of combining data from different sources to revisit some explanatory problems. The problems discussed have risen from a theoretical and analytic g...

by Sarah Irwin | On 18 Nov 2009

New Steps to Faster and Broader Debt Relief for Developing Countries

This paper mainly describes he concepts of FTAP and explains the current political state of affairs in the international discussions. [FES]

by Jürgen Kaiser | On 09 Nov 2009

The Deluge of Debt: Understanding the Financial Needs of Poor Households

This paper is about the financial lives of poor households. It examines the different sources of income and expenditure of the poor households residing in a coastal settlement in Kerala. The method...

by B. S. Suran | On 29 Oct 2009

The Afghan Economy After the Election

There were many challenges involved in the conduct of the elections. For example, the people had to cast votes among 16 presidential candidates (2 candidates withdrew two days before the elections) i...

by Manabu Fujimura | On 17 Sep 2009

Do Remittances Impact the Economy? Some Empirical Evidences from A Developing Economy

The study attempts to examine the impact of remittances on macroeconomic activities (private consumption and investment) and its implications on economic growth in India for the period from 1966-67 to...

by Hrushikesh Mallick | On 01 Sep 2009

Developing The Indian Debt Capital Markets: Small Investor Perspectives

This paper argues that with the recent economic reforms, an efficient and active debt market, particularly in long-term private debt instruments, is essential for the country to realize the full bene...

by Pronab Sen | On 13 Aug 2009

Peasant Classes, Farm Incomes and Rural Indebtedness: An Analysis of Household Production Data from Two States

The paper attempts to appraise the extent of the constraint of credit relations on agricultural production and its differential impact across peasant classes. Additionally, the analysis of the structu...

by Arindam Banerjee | On 04 Aug 2009

Report of the Internal Working Group on Debt Management

Establishing a debt management office would consolidate all debt management functions in a single agency, and be the catalyst for wider institutional reform and transparency about public debt. It is i...

by Ministry of Finance | On 04 Jul 2009

Disentangling the Global Financial Crisis: A Review of the Global Response

At this moment, the world is undergoing the worst economic crisis since the Great Depression of 1930s. It is not clear exactly which factors instigated the crisis, but there are many candidates; the f...

by H. N. Thenuwara | On 15 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

Archiving the Nation –State in Feminist Praxis: A South Asian Perspective

This essay mainly examines the relationship between feminism and nationalism as a point from which it looks at South Asian feminist scholarship. The historical circumstances in their respective countr...

by Uma Chakravarti | On 03 Jun 2009

Straddling Faultlines : India's Foreign Policy Toward The Great Middle East

India’s foreign policy has had an anomalous quality since the time Jawaharlal Nehru resolutely attempted to steer clear of Cold War alliances. This continues to be so given India’s unique situation of...

by Sushil J Aaron | On 21 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

Promoting Sustainable Agriculture: Experiences from India and Canada

Agriculture sector, world over, has experienced a phenomenal growth since the mid-twentieth century. The growth, driven by Green Revolution technology, has made a significant dent on aggregate supply...

by Amita Shah | On 02 May 2009

FEER, April 2009

FEER, April 2009 Table of Contents

by FEER | On 06 Apr 2009

Asia Enters an Era of Strife

The author argues that deep-seated religious conflicts will mar the region's prospects unless nations truly embrace secularism.

by Michael Wesley | On 06 Apr 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

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

A Pakistani Perspective on Nuclear Disarmament and Non-proliferation

This paper studies the status of nuclear weapons programs of Pakistan and its perspective on nuclear disarmament and non-proliferation. [FES Paper 9]

by A. H. NAYYAR | On 03 Sep 2008

Current Problems with the IMF and Challenges Ahead – A LatinAmerican Perspective

The paper examines the current problems with the IMF which include: 1) the institution is no longer fulfilling the functions it used to fulfil, nor is there a clear vision of any new functions for it;...

by Roberto Frenkel | On 21 Aug 2008

The Politics of Negotiation: MVF and Multinational Corporations on Child Labour in Cottonseed Field.

Child Labour in the hybrid cottonseed fields has caused much attention locally and internationally. Inexpensive labour is crucial for the farmers, as 52% of the cost of production goes toward human la...

by Yumi Lifer | On 13 Aug 2008

Distress Debt and Suicides among Agrarian Households: Findings from Three Villages in Kerala

The factors and process underlying agrarian distress in Kerala by undertaking the case studies of three villages situated in Wayanad and Idukki districts namely, Cherumad, Kappikkunnu and Upputhara. T...

by K.N. Nair | On 31 Jul 2008

Human Rights Commission of Pakistan - Annual Report Highlights

For a better part of the year 2007 the state of Pakistan was only half alive. That naturally reduced its capacity, never rated high, to guarantee the people's human rights. Thus, from the point of vi...

by South Asians for Human Rights SAHR | On 18 Jul 2008

Girl Child Bonded Labour in Cottonseed Field

A new system of employing girl children as `bonded labourers' in cottonseed field has come into practice in recent years in the rural South India. The main reason for this is the introduction of hybri...

by Davaluri Venkateshwaralu | On 23 Jun 2008

Liberation, May 2008

New Mineral Policy 2008 Quota Verdict CPI(M) Coimbatore Congress SPECIAL FEATURE Democracy in S Asia: Nepal Mandate Post-Poll Pakistan Bhutan Polls and Other features.

by Liberation | On 24 Apr 2008

Kerala Budget Speech 2008-09

Budget speech 2008-09 by Finance Minister Dr. Thomas Issac

by Government of Kerala Govt | On 07 Mar 2008

Islam at the Ballot Box

So far, no Islamist party has managed to win a majority of the popular vote in any of the Muslim countries where reasonably clean elections are held. If anything, the Islamist share of the vote has be...

by Amir Taheri | On 24 Feb 2008

Pakistan’s Historic Opportunity for Change

Opinion polls show less than 20 per cent of Pakistanis now approve of President Musharraf, who has been described as an indispensable ally in the war against terrorism by some members of the Bush admi...

by Husain Haqqani | On 24 Feb 2008

Who Can Rule?

As the title of the article says, the question asked here is who can fight terrorisn in Pakistan?

by T.N. Ninan | On 21 Jan 2008

Transgenics in Indian Agriculture: Experiences so far and implications of KIA proposals on Indian Farmers

KIA proposes to bring a paradigm shift in Indian Agriculture in terms of human resource development, research, technology generation, technology dissemination and commercialization. In the short run,...

by Ramanjaneyulu G V | On 05 Jan 2008

HDI in Context

The United Nations Development Programme has just put out its latest Human Development Report, containing the human development index (HDI) for 177 countries, with the data being for 2005. India ranks...

by T.N. Ninan | On 03 Dec 2007

Trade Possibilities and Non-Tariff Barriers to Indo-Pak Trade

There is a large untapped trade potential between the two countries. Using the potential trade approach, the study finds that the export potential from India to Pakistan is to the tune of US$ 9.5 bill...

by Nisha Taneja | On 29 Nov 2007

Pakistan’s Last Bid for Democracy

This Essay examines the factors retarding democracy in Pakistan and asserts that now, more than ever, the country’s political forces must work together to fight common foes.

by Colum Murphy | On 27 Nov 2007

FEER: The November 2007 Issue

Asia’s Bill of Health: A REVIEW Focus On Health Care Pakistan’s Last Bid for Democracy By Colum Murphy Pakistan: Defusing Pakistan’s Tribal Rebellion By Shaukat Qadir Taiwan: The Father of Tai...

by FEER | On 27 Nov 2007

Marketing of Bt Cotton in India: Aggressive, Unscrupulous and False….

The paper examines the prevailing situation of Bt cotton marketing in India. It tells a story of how aggressive and unethical marketing practices are adopted for luring faemers into the Bt cotton trap...

by Centre for Sustainable Agriculture CSA | On 04 Oct 2007

The Indian Economic Journal, January 2007

CHIUNG-JU HUANG : Wagner's Law : Empirical Evidence for China and Taiwan CHIAO-YI CHANG, CHING-FU CHEN AND I-YUAN CHUANG : Does Asian Financial Crisis Change Price Co-Movements in East Asia. G. RAM...

by Department of Economics DoE, Allahabad University | On 01 Oct 2007

Intellectual Property Protection to Plant Varieties: Issues in Transgenic Cotton Cultivation

As Trade Related Aspects of Intellectual Property Rights have been extended to agriculture, member countries are forced to provide intellectual property protection to plant varieties. As a member coun...

by Lalitha N | On 28 Aug 2007

Get a Life!

The life of an investment banker in New York who is dealing in the collateralised debt obligation (CDO) market.

by T.N. Ninan | On 28 Aug 2007

ACHR Weekly Review: Pakistan: The Land of Religious Apartheid and Jackboot Justice

On 14 August 2007, the United Nations Committee on the International Convention Elimination of All Forms of Racial Discrimination (CERD Committee) is tentatively scheduled to examine the situation of...

by Asian Centre for Human Rights ACHR | On 11 Aug 2007

Institutional Influences on Human Capital Accumulation: Micro Evidence from Children Vulnerable to Bondage

The paper examines child labour, lower schooling attendance and attainment, and significantly elevated fertility in families vulnerable to debt bondage.

by Eric Edmonds | On 02 Aug 2007

Dowry and Property Rights

Modernisation necessarily leads to the emergence of dowry as a direct transfer to the groom ("groom-price"). The historical instances of dowry can be classified according to the schema implied by the...

by Siwan Anderson | On 31 Jul 2007

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

Pakistan Budget 2007-08

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

by Omar Ayub Khan | On 29 Jun 2007

Agrarian Scenario in Post-reform India:A Story of Distress, Despair and Death

Indian agriculture today is under a large crisis. An average farmer- household’s returns from cultivation would be around one thousand rupees per month. The state of the vast majority of small and mar...

by Srijit Mishra | On 22 Jun 2007

Trade in Services and South Asia: An Aggressive Agenda

This paper outlines the significance of services for South Asia and discusses the possible strategies to secure the region's trade and development interests through the GATS negotiations.

by Rupa Chanda | On 05 Apr 2007

Agricultural Biotechnology in India: Ethics, Business and Politics

Development of sustainable pest management strategies in agriculture has become necessary in view of increasing non-viability of chemical based approach. Among various approaches for the purpose, po...

by Anil K Gupta | On 13 Mar 2007

Suicides by Cotton Farmers in Andhra Pradesh

The paper disuses and analyzes the condition of cotton farmers of Andra Pradesh and the reasons for their committing suicides.

by Reji K Joseph | On 05 Mar 2007

Textile and Clothing Trade with European Union: Impact of year-old EU Generalised System of Preferences

Taking into account the latest data of exports of textiles and clothing to the European Union from South Asia and China, a year-end assessment of the impact of the Generalised System of Preferences (...

by C. Satapathy | On 14 Dec 2006

CSA Briefing Paper on Bt Brinjal

Bt Brinjal is being developed in India by Mahyco [Maharashtra Hybrid Seeds Company] and the company wants to take up large scale field trials with the permission of the regulatory authority, GEAC. N...

by Centre for Sustainable Agriculture CSA | On 03 Jun 2006

Integrating poverty reduction in IMF-World Bank Models

This paper outlines the Fund-Bank analytical frameworks and presents a critical appraisal indicating the importance of both demand and supply constraints in the countries undertaking Fund adjustment p...

by Brigitte Granville | On 27 Apr 2006

India Needs to Separate Debt from Monetary Management

The Reserve Bank of India, in its Annual Policy Statement on April 28, 2005, for the year 2005-06, announced its intention to reorient government debt management operations entailing functional separ...

by Charan Singh | On 14 Apr 2006

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

Pakistan: Budget Speech: 2005-06

1. The development budget has been increased by 34.7%, which is the highest increase to date. 2. Current expenditures will increase by 18%. The main reasons for the increase are the relief that gov...

by Ministry of Finance, Government of Pakistan, | On 14 Mar 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

FEER December 2005

Weijian Shan, economist and avid private equity investor, exposes the shortcomings of China’s stock markets and examines the failed attempts by the government to introduce meaningful stock-market ref...

by Far Eastern Economic Review | On 07 Jan 2006

Realising Universal Labour Rights:Labour Standards for Small Enterprises in Pakistan

Labour protection has largely failed as enterprise contribution to social protection. Much labour legislation does not apply to micro and small enterprises (MSE) ; those laws that do apply are complie...

by Pakistan Institute of Labour Education & Research (PILER) | On 08 Dec 2005

Agricultural Biotechnology and Biosafety in India: Expectations, Outcomes and Lessons

The concept of ‘agricultural biotechnology’ covers two main categories of activities, one of which is characterised by genetic modification using recombinant DNA techniques (GM-technology), while the...

by A. Indira | On 22 Nov 2005