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Union Budget 2023-24: Towards Gender Equality?

Surprisingly, even though the government had been presented with the recommendations of gender economists and the Feminist Policy Collective for moving towards Transformative Financing for Women and G...

by Vibhuti Patel | On 18 Feb 2023

3rd Urban Economy Forum 2021:The Brampton Resolution

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

by | On 07 Jan 2022

Climate finance for Cities and Urban Governments

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

by | On 09 Nov 2021

PAISA for Municipalities: A Study of Fund Flows and Public Expenditure in the Geographic Jurisdiction of Tumakuru City Municipal Corporation, Tumakuru District, Karnataka

In 2009, 36 per cent of Karnataka’s population was urban, and 32.7 per cent was poor- higher than the all-India level.This study aims to understand the nature and compute the size of the local public...

by | On 03 Feb 2021

Employment Generation in Difficult Times: Reflections on Kerala Budget

Despite high educational attaintments, educated unemployment is a worrying feature of Kerala. Some of the suggestions made by the Kerala Finance Minister are discussed below. The note suggests that tu...

by Rakkee Thimothy | On 02 Feb 2021

Budget Speech of Finance Minister of India, 2021

Budget speech by the Finance Minister of India.

by Nirmala Seetharaman | On 01 Feb 2021

ADB’s Comprehensive Response to the COVID-19 Pandemic

The coronavirus disease (COVID-19) pandemic has become a major global crisis that requires country, regional, and global intervention, as well as collaboration to mitigate damage to economies and peop...

by Asian Development Bank | On 25 Jan 2021

Budget Speech of Kerala Finance Minister 2021-22

Kerala Budget presented by the Finance Minister.

by T.M. Thomas Issac | On 18 Jan 2021

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

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

by Ila Patnaik | On 08 Oct 2020

Beyond Alliteration

Anyone can string together alliterative words, but are they a substitute for serious thought and coherent action? Real economics involves choices, or every day would be Christmas.

by T.N. Ninan | On 14 Jun 2020

Inequality in a Global Perspective

The basic story of global inequality in the last three decades has been an overall decline, but one which is composed of quite intricate patterns. There has been a decline in between country inequalit...

by Ravi Kanbur | On 08 Jun 2020

Why Centre is left with little fiscal cushion to deal with Covid pandemic

When emerging from this crisis, the govt must consider a fresh approach to reviving growth, revisiting the Centre-state fiscal balance, and devising a re-imagined GST 2.0.

by T.N. Ninan | On 07 Jun 2020

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

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

by Ashima Goyal | On 14 May 2020

COVID-19: Global Diagnosis and Future Policy Perspective

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

by Divy Rangan | On 06 May 2020

COVID-19 and Macroeconomic Uncertainty: Fiscal and Monetary Policy Response

The macroeconomic uncertainty created by COVID-19 is hard to measure. The situation demands simultaneous policy intervention in terms of public health infrastructure and livelihood. Along with the g...

by Lekha S. Chakraborty | On 29 Apr 2020

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

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

by Sacchidananda Mukherjee | On 02 Apr 2019

The Political Economy of Gender Budgeting: Empirical Evidence from India

Gender budgeting is a public policy innovation to transform the gender commitments into budgetary commitments. The political economy process of gender budgeting in India has encompassed four distinct...

by Lekha Chakraborty | On 02 Apr 2019

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

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

by Farhad Taghizadeh-Hesary | On 01 Apr 2019

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

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

by Amarnath H. K. | On 30 Mar 2019

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

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

by Dushni Weerakoon | On 28 Mar 2019

Services and Manufacturing in Global Value Chains: Is the Dstinction Obsolete?

This paper introduces a taxonomy of service activities in GVCs and describes the main statistical challenges in assessing the contribution of manufacturing and services to output, value added, or trad...

by Sébastien Miroudot | On 07 Mar 2019

Rebalancing the Economy and Reforming the Fiscal System of the People’s Republic of China

The goal of the note is to lay out and discuss a package of reforms that could be consistent with the objectives of the government. The fiscal instruments that we consider here include the division of...

by Roy Bahl | On 07 Mar 2019

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

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

by Paul Smoke | On 18 Feb 2019

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

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

by Saon Ray | On 04 Feb 2019

The Growing Importance of Consumer Finance for Financial Inclusion in India

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

by Saon Ray | On 03 Feb 2019

Towards India’s New Fiscal Federalism

The paper explored deep analytical issues such as the nature of the objective function to be optimized, planning horizon, choice of the discount rates, etc. No wonder, his book “Capital and Developmen...

by Vijay Kelkar | On 30 Jan 2019

Why is Green Finance Important ?

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

by Jeffrey D. Sachs | On 28 Jan 2019

Green Finance in Singapore: Barriers and Solutions

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

by Youngho Chang | On 20 Jan 2019

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

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

by Janet G. Stotsky | On 14 Jan 2019

Indian Banks and the Prevention of Corruption Act: Freedom and Discipline

Selfless activists like Mr. Pai teach us the importance of continuously interrogating the functioning of our democracy. The NPA issue has persisted for almost a decade. It has eroded the profitability...

by Ashima Goyal | On 29 Oct 2018

Insights from Behavioral Economics on Current Policy Issues

The paper examines behavioral constraints in policy-making and in achieving coordination across policies. First it applies psychological concepts to understand policy inadequacies, and next examines h...

by Ashima Goyal | On 29 Oct 2018

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

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

by Cyn-Young Park | On 26 Oct 2018

Skewed Credit and Growth Dynamics after the Global Financial Crisis

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

by Gemma Estrada | On 19 Oct 2018

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

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

by Asian Bank | On 09 Oct 2018

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

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

by Dean Karlan | On 04 Oct 2018

An Assessment of the Fiscal Features of the PDP Laban Model of Philippine Federalism 1.0 and the Gonzales-De Vera Federal Model

The paper highlights the importance of the design of the fiscal features of the federal system of government in ensuring that the potential benefits from its adoption are realized. The economic litera...

by Rosario G. Manasan | On 03 Oct 2018

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

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

by Sri Wening Handayani | On 27 Sep 2018

Infrastructure Financing in South Asia

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

by Shikha Jha | On 26 Sep 2018

Bribes vs. Taxes: Market Structure and Incentives

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

by Francesco Amodio | On 17 Sep 2018

Impure Impact Giving: Theory and Evidence

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

by Daniel M. Hungerman | On 01 Sep 2018

Green Energy Finance in India: Challenges and Solutions

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

by Gopal K. Sarangi | On 24 Aug 2018

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

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

by Vivek Rao | On 24 Aug 2018

Public–Private Partnership Development in Southeast Asia

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

by Fauziah Zen | On 16 Aug 2018

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

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

by Purkayastha Dhruba | On 13 Aug 2018

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

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

by Suk Hyun | On 10 Aug 2018

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

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

by Naoko Nemoto | On 10 Aug 2018

An Overview of Islamic Banking and Finance in Asia

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

by Akbar Komijani | On 27 Jul 2018

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

Breathe India: An Action Plan for Combating Air Pollution

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

by Niti Aayog GOI | On 16 Jul 2018

Assessment of the BUB Program: Improving Access of Local Communities to Basic Services and Strengthening Social Capital

The Aquino administration through the Human Development and Poverty Reduction Cluster (HDPRC) and Good Governance and Anti-Corruption Cluster (GGACC) launched the Bottom-up Budgeting (BUB) exercise in...

by Rosario G. Manasan | On 05 Jul 2018

Designing the Fiscal Features of a Federal Form of Government: Autonomy, Accountability, and Equity Considerations

The paper provides estimates of the cost of shifting to a federal form of government under different scenarios in terms of the number of regions. Finally, it concludes with the discussion of why adopt...

by Rosario G. Manasan | On 03 Jul 2018

Methods to Investigate the Hydrology of the Himalayan Springs: A Review

This paper reviews the methods that investigate the hydrology of springs, with a focus on the Himalayan region. The methods are classified as field-based empirical and desk-based analytical. Field-bas...

by Pennan Chinnasamy | On 27 Jun 2018

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

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

by Jessica Leight | On 26 Jun 2018

A Framework for Understanding Climate Change Responsiveness of the Union Budget in India

This paper discusses the significance of considering climate change responsiveness in the Union Budget and what are the existing practices and gaps in documenting climate change financing in India. ...

by Jyotsna Goel | On 21 Jun 2018

Cash Holdings and Tax Evaded Incomes in India – A Discussion

The paper makes an analysis of cash holdings in India and attempts to test its association with tax effort and government spending. The finding arrived is that the ratio of Cash holding to Nominal GDP...

by R. Mohan | On 21 Jun 2018

Utilisation, Fund Flows and Public Financial Management under the National Health Mission

This study provides insights on how institutional architecture for public fund flows affects budget execution. Using the case of the National Health Mission (NHM) in India, it highlights how the rules...

by Mita Choudhury | On 15 Jun 2018

The Rise of Government-Funded Health Insurance in India

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

by Ila Patnaik | On 15 Jun 2018

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

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

by Lekha Chakraborty | On 15 Jun 2018

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

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

by Farhad Taghizadeh-Hesary | On 09 Jun 2018

Social Sector Expenditure of States Pre & Post Fourteenth Finance Commission ( 2014 - 15 & 2015 - 16 )

This paper seeks to analyze the change in total central transfers to the States and its impact on expenditure on Social Sector in 2015-16(post FFC period) in comparison with 2014-15(pre-FFC pe...

by | On 28 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

Goods and Services Tax (GST)

India introduced the Goods and Services Tax (GST) on 1 July 2017 after a decade of preparation. Ideally, GST should reduce tax driving the market by enabling businesses to invest, reflecting...

by Parthasarathi Shome | On 07 May 2018

Union Budget 2018-19: Allocation for Supplementary Foods for TB patients: How Adequate?

The Union Budget takes the long needed step of allocating funds specifically for addressing the nutritional concerns of TB patients, taking note of the considerable evidence of the association between...

by | On 30 Apr 2018

Informality, Governance and Growth

This paper develops a growth framework of a typical developing and democratic setting with formal and informal sectors, which faces trade-off of redistribution through either direct subsidy or strat...

by Dibyendu Maiti | On 05 Apr 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

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

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

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

Underground Economy and Tax Evasion in Pakistan: A Critical Evaluation

The paper says that the tax evasion refers to all the illegal actions taken to avoid the lawful assessment of taxes.

by M. Ali Kemal | On 21 Mar 2018

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

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

by Lekha Chakraborty | On 19 Mar 2018

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

Fiscal Policy Effectiveness and Inequality: Efficacy of Gender Budgeting in Asia Pacific

Gender budgeting is a fiscal approach that seeks to use a country’s national and/or local budget(s) to reduce inequality and promote economic growth and equitable development. While literature has exp...

by Lekha Chakraborty | On 16 Mar 2018

The Contribution of Workers’ Remittances to Economic Growth in Pakistan

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

by Zafar Iqbal | On 15 Mar 2018

Cash Holding and Tax Evaded Incomes in India – A Discussion

The paper makes an analysis of cash holdings in India and attempts to test its association with tax effort and government spending. The finding arrived is that the ratio of Cash holding to Nominal GDP...

by R. Mohan | On 14 Mar 2018

Budget 2018: Uttar Pradesh Budget Speech

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

by Ministry of Finance | On 12 Mar 2018

Budget 2018: Maharashtra Budget Speech Part 2

Mahrashtra Buget speech Part 2

by Sudhir Mungamtiwar | On 12 Mar 2018

Budget 2018: Maharashtra Budget Speech Part 1

Budget speech of the Finance Minister of Maharashtra.

by Sudhir Mungamtiwar | On 12 Mar 2018

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

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

by Emily Breza | On 10 Mar 2018

Incentives Can Reduce Bias in Online Reviews

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

by Ioana Marinescu | On 07 Mar 2018

Bali Ministerial of the WTO and the Way Forward: Safeguarding LDC Interests

The paper critically examines the outcomes of the Bali Ministerial of the WTO, held in December 2013, from the lens of issues of interest and concern to the least developed countries (LDCs). In this...

by | On 06 Mar 2018

The Multilateral Legal Instrument: A Developing Country Perspective

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

by Suranjali Tandon | On 03 Mar 2018

Kerala’s Development Experience: Its Implications for Finance Commissions

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

by K.K. George | On 28 Feb 2018

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

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

by K.K. George | On 28 Feb 2018

Microfinance and Women EmpowermentEmpirical Evidence from the Indian States

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

by | On 27 Feb 2018

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

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

by M.A. Oommen | On 27 Feb 2018

Budget 2018: Chhattisgarh Budget Speech

Budget presented Chhattisgarh Finance Minister.

by Finance Ministry Chhattisgarh | On 19 Feb 2018

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

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

by K.K. George | On 16 Feb 2018

Fiscal Management in Kerala: Constraints and Policy Options

The paper says that this pattern of financing fiscal deficit is reflected in the changing composition of Kerala’s public debt.

by K.K. George | On 15 Feb 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

Karnataka Electricity Demand Forecasting FY17-22

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

by Arijit Chanda | On 13 Feb 2018

Rajasthan Budget Speech 2018

Budget speech Smt. Vasundhara Raje.

by Vasundhara Raje | On 12 Feb 2018

The 2018 Budget Speech: Malaysia

Budget speech by Finance Minister of Malaysia.

by Minister of Finance Malaysia | On 09 Feb 2018

Budget 2018: Highlights of the Draft FY2018 Japan Budget

FY2018 budget, the budget for final year of the intensive reform period set in the Fiscal Consolidation Plan, continues to pursue both economic revitalization and fiscal consolidation.

by | On 09 Feb 2018

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

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

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

Union Budget 2018-19: Budget for Children in New India

India is currently going through a major demographic transition and it is this transition that is going to make India one of the world’s youngest countries with largest young population. Of this you...

by HAQ: Centre for Child Rights | On 05 Feb 2018

Of Hits and Misses: An Analysis of Union Budget 2018-19

The report presents a comprehensive analysis of the budgetary provisions for important social sectors and the vulnerable sections of the population. It also presents an overview of the fiscal indicat...

by Centre for Budget and Governance Accountability CBGA | On 05 Feb 2018

BMC Budget 2018: Budget Estimates E

The estimates of income, receipts and expenditure for the financial year 2018-19 with respect to the budget “E” (Primary Education) Fund Code – 30, as required under the provisions of section 126C...

by Ajoy Mehta | On 05 Feb 2018

BMC Budget 2018: Budget Estimates A, B and G

Budget Speech by Municipal Commissioner

by Ajoy Mehta | On 05 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

Kerala Budget 2018-19

Budget speech of Finance Minister of Kerala.

by T.M. Thomas Issac | On 05 Feb 2018

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

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

by Yogesh Kumar | On 02 Feb 2018

What Explains Current Account Surplus in Korea?

The paper says that this idiosyncrasy of Korea’s current account surplus seems to be related to increasing saving propensity of households especially among aged people.

by Han Chirok | On 01 Feb 2018

Union Budget 2018: Budget Speech

Speech of Arun Jaitley, Minister of Finance on February 1, 2018

by Arun Jaitley | On 01 Feb 2018

State of State Finances 2018

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

by Mandira Kala | On 01 Feb 2018

Invoking the Science ‘mantra’ Once Again

It is not surprising that science and technology finds important mention in the Economic Survey indicating that the upcoming Union Budget may well sharply increase spending on it. But it is disappoin...

by Tanisha Parihar | On 01 Feb 2018

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

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

by Arun Jaitley | On 31 Jan 2018

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

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

by Arun Jaitley | On 31 Jan 2018

China’s Development Finance to Asia: Characteristics and Implications

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

by Oh Ah | On 31 Jan 2018

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

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

by Arun Jaitley | On 31 Jan 2018

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

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

by ASHA Kisan Swaraj Alliance | On 31 Jan 2018

Social Infrastructure: Way Forward

The tenth chapter of Economic Survey 2018 has sown that investments in social infrastructure and human development has paid off well. The policies and schemes have also been mentioned in detail. The g...

by Lakshmi Priya | On 31 Jan 2018

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

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

by Arun Jaitley | On 30 Jan 2018

Budget Speech Jharkhand 2018

The Chief Minister of Jharkhand, Shri Raghubar Das presented the Budget for the financial year 2018-19 on 23 January, 2018. Total expenditure for the year is expected to be Rs. 80,200 crore.

by Raghubar Das | On 25 Jan 2018

Budget Speech Jharkhand- 2018

The Chief Minister of Jharkhand, Shri Raghubar Das presented the Budget for the financial year 2018-19 on 23 January, 2018. Total expenditure for the year is expected to be Rs. 80,200 crore.

by Raghubar Das | On 25 Jan 2018

Fiscal Devaluations

We show that even when the exchange rate cannot be devalued, a small set of conventional fiscal instruments can robustly replicate the real allocations attained under a nominal exchange rate devalua...

by | On 25 Jan 2018

A Guide to Using Budget Analysis

Budget analysis entails analysis and assessment of budget from the lens of marginalised sections of population with the objective of prioritisation of public expenditures and collection of revenues...

by Happy Pant | On 17 Jan 2018

Technological Change, Automation and Employment: A Short Review of Theory and Evidence

A selective survey of recent papers in the area of technological change, automation and employment is presented. The objective is to convey analytical ideas and the empirical evidence that have inform...

by K. V. Ramaswamy | On 16 Jan 2018

Jammu and Kashmir Budget 2018-19

The Finance Minister of Jammu and Kashmir, Dr Haseeb Drabu, presented the State Budget for the financial year 2018-19 on 11 January 2018. The total expenditure for the year is estimated to be Rs. 80,3...

by Haseeb Drabu | On 16 Jan 2018

Inequality, Employment and Public Policy

This paper examines dimensions of inequality including labour market inequalities and discusses public policies needed for reduction in inequalities. It discusses both inequality of outcomes and inequ...

by S.Mahendra Dev | On 16 Jan 2018

India’s National Policy on Urban Street Vendors

This Briefing Note describes the process by which India’s National Policy on Urban Street Vendors was developed, the content of the policy, and the ongoing story of its implementation.

by Shalini Sinha | On 05 Jan 2018

Mechanics of Replacing Benefit Systems with a Basic Income: Comparative Results from a Microsimulation Approach

Recent debates of basic income (BI) proposals shine a useful spotlight on the challenges that traditional forms of income support are increasingly facing, and highlight gaps in social provisions that...

by James Browne | On 15 Dec 2017

PIDS Calls For ‘Intelligent’ Discourse On Federalism

The study says that the policymakers should see merit in examining whether federalism can indeed address the sociopolitical and economic problems that hamper the country’s growth.

by PIDS Information Staff | On 11 Dec 2017

Can Social Safety Nets Protect Public Health? The Effect of India's Workfare and Foodgrain Subsidy Programmes on Anaemia

This paper focuses on the consequences of a countrywide guaranteed workfare programme (MGNREGA) and subsidised food distribution scheme (PDS) in India for the prevalence of anaemia, examining whether...

by Sudha Narayanan | On 11 Dec 2017

Response of Firms to Listing: Evidence from SME Exchanges

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

by | On 11 Dec 2017

PPP Infrastructure Finance: An Empirical Evidence from India

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

by | On 04 Dec 2017

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

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

by | On 04 Dec 2017

Graduation Incentives Through Conditional Student Loan Forgiveness

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

by Ulla Hämäläinen | On 01 Dec 2017

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

Inequality, Good Governance and Endemic Corruption

Can a society suffering contests between rich and poor achieve good governance in the face of endemic corruption? The paper examines a stylized poor state with weak institutions in which a “culture of...

by Gil S. Epstein | 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

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

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

by Syed Ahmed | On 20 Nov 2017

Socially Disadvantaged Groups and Microfinance in India

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

by | On 08 Nov 2017

Socially Disadvantaged Groups and Micro-finance in India

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

by Jean-Marie Baland | On 06 Nov 2017

India Power Supply Position 2010

The generation is insufficient to meet the demand, resulting in a shortfall of both peak capacity as well as energy overall (officially 12.6% and 9.9%, respectively).

by Rahul Tongia | On 02 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

BRICS AND Illicit financial flows

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

by | On 25 Oct 2017

Understanding Judicial Delay at the Income Tax Appellate Tribunal in India

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

by Pratik Datta | On 17 Oct 2017

Relationship between Financial Literacy and Behavior of Small Borrowers

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

by Ramesh Chaulagain | On 06 Oct 2017

Resource requirements for Right to Education (RTE): Normative and the Real

The paper examines the issue of resource adequacy for Right to Education (RTE) by estimating the resource requirement for universalization of elementary education across twelve Indian States. Using RT...

by Sukanya Bose | On 05 Oct 2017

The Macroeconomic Benefits of Tax Enforcement in Pakistan

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

by Ethan Ilzetzki | On 04 Oct 2017

Elasticity and Buoyancy of Taxation in Nepal: A Revisit of the Empirical Evidence

In this paper, we use autoregressive distributed lag (ARDL) approach to cointegration developed by Pesaran et al. (1999) to estimate the elasticity and buoyancy coefficients of various revenue heads.

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

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

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

by Ashima Goyal | On 15 Sep 2017

Public Health Innovation and Intellectual Property Rights

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

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

Evaluation of Fiscal Incentives in the Philippines

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

by Danileen Kristel C Parel | On 04 Sep 2017

Assessment of the 2017 Tax Reform for Acceleration and Inclusion

This paper aims to assess the implications of these bills on the distribution of tax burden across income groups, economic incentives in affected sectors, national government revenues, and likely impa...

by Rosario G. Manasan | On 01 Sep 2017

Indian Defence Budget 2016-17: A Curtain Raiser

The report narrates about, should India’s national defence budget be discussed and deliberated in public domain?

by Deba Mohanty | On 28 Aug 2017

Current Challenges for the Economy and Priorities of the New Government

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

by S Jagadeesan | On 25 Aug 2017

Manufacturing Centric Fiscal Policy

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

by M. Singhi | On 24 Aug 2017

Transformation Pathways And Investment Needs For The MultiPurpose Agricultural Sector

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

by Marie-Hélène Schwoob | On 23 Aug 2017

Devolution, Democracy and Development in Kenya

The report says that the practice of local democracy has so far mirrored the problems at the national level, with vote-buying, compromised primaries and allegations of vote-rigging in many gubernatori...

by Agnes Cornell | On 10 Aug 2017

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

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

by Arpita Mukherjee | On 08 Aug 2017

Measuring Women’s Self-Help Group Performance in India

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

by | On 04 Aug 2017

Building Synergies: Matching Business Reforms to Improved 'Ease of Doing Business'

The study explores ground-level realities linked with initiatives on tax administration, construction permits, transparency, compliance with environmental and labour laws and regulations, and inspecti...

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

24x7 Power for All: Strategies for Karnataka

The report concludes with the strategies that Karnataka should focus on in order to achieve the objectives of 24x7 Power for All.

by Center for Study of Science, Technology and Policy CSTEP | On 31 Jul 2017

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

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

by Asian Development Bank Institute | On 25 Jul 2017

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

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

by Asian Development Bank Institute | On 25 Jul 2017

East Asia Department Knowledge Management Initiatives in 2014

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

by Asian Development Bank Institute | On 24 Jul 2017

The Effect of Oil Shocks and Cyclicality in Hiding Indian Twin Deficits

The paper estimates the relationship between the current account and fiscal deficit, and the real exchange rate, in a structural vector auto regression, with Indian data for the managed float period 1...

by Ashima Goyal | On 22 Jul 2017

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

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

by Asian Development Bank Institute | On 17 Jul 2017

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

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

by Asian Development Bank Institute | On 14 Jul 2017

Maldives: Overcoming the Challenges of a Small Island State

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

by Asian Development Bank Institute | On 12 Jul 2017

Financial Soundness Indicators for Financial Sector Stability in 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

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

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

by Asian Development Bank Institute | On 05 Jul 2017

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

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

by Asian Development Bank Institute | On 04 Jul 2017

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

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

by Asian Development Bank Institute | On 04 Jul 2017

GST in India: A Key Tax Reform

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

by Monika Sehrawat | On 03 Jul 2017

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

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

by Asian Development Bank Institute | On 30 Jun 2017

Ola and Uber failing to live up to the promises made

With mushrooming of commercial drivers, incomes are falling and expenses are rising. Unable to pay monthly loan instalments, cars are being seized, while contracted employees cannot quit. Will legal p...

by Amrit B L S | On 29 Jun 2017

Fiji: Building Inclusive Institutions for Sustained Growth

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

by Asian Development Bank Institute | On 27 Jun 2017

Timor-Leste: Development Effectiveness Brief

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

by Asian Development Bank Institute | On 23 Jun 2017

Addressing Climate Change Risks, Disasters, and Adaptation in the People’s Republic of China

This study informs decision makers regarding major climate change risks to development and provides feasible policy recommendations for consideration to increase resilience and reduce vulnerability in...

by Asian Development Bank Institute | On 22 Jun 2017

Transitions to K–12 Education Systems: Experiences from Five Case Countries

The paper says that preparing and implementing a K–12 transition absorbs considerable financial and human resources. It follows that the reasons for restructuring must be compelling.

by Jouko Sarvi | On 21 Jun 2017

Thailand: Industrialization and Economic Catch-Up

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

by Asian Development Bank Institute | On 20 Jun 2017

Toward Mainstreaming and Sustaining CDD in Indonesia: Understanding Local Initiatives and the Transition from PNPM-Rural to the Villlage Law

The report summarizes important lessons learned and policy implications from the first year of Village Law implementation.

by Asian Development Bank Institute | On 16 Jun 2017

The Asian Bond Markets Initiative: Policy maker achievements and challenges

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

by Asian Development Bank Institute | On 15 Jun 2017

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

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

by Asian Development Bank Institute | On 14 Jun 2017

Trade and Transport Facilitation Monitoring Mechanism: Baseline Study in Bangladesh

This report reviews trade and transport procedures in Bangladesh, highlights the importance of monitoring trade and transport facilitation, and lays a foundation for future studies and establishment o...

by Asian Development Bank Institute | On 12 Jun 2017

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

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

by Asian Development Bank Institute | On 09 Jun 2017

Papua New Guinea: Development Effectiveness Brief

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

by Asian Development Bank Institute | On 08 Jun 2017

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

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

by Asian Development Bank Institute | On 02 Jun 2017

Myanmar Transport Sector Policy Note: How to Reform Transport Institutions

Myanmar's transport sector institutions are currently ill adapted to the new situation. Although government reform attempts have been in the right direction, more is needed to shape a strong basis for...

by Asian Development Bank Institute | On 02 Jun 2017

Myanmar Transport Sector Policy Note: How to Improve Road User Charges

This report presents a preliminary economic analysis of road user costs and fees, partly drawing from the World Bank’s Road User Charge (RUC) model and analysis framework, and a review of the tolling...

by Asian Development Bank Institute | On 01 Jun 2017

Envisioning Tax Policy for Accelerated Development in India

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

by M. Govinda Rao | On 26 May 2017

Judicial Review and Money Bills

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

by Pratik Datta | On 26 May 2017

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

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

by Sacchidananda Mukherjee | On 25 May 2017

Tajikistan: Promoting Export Diversification and Growth

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

by Asian Development Bank Institute | On 24 May 2017

Bangladesh: Consolidating Export-led Growth - Country Diagnostic Study

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

by Asian Development Bank Institute | On 23 May 2017

A Comparative Analysis of Tax Administration in Asia and the Pacific: 2016

The analysis and practical guidance provided in this report are based on surveys of revenue bodies conducted in 2014 and 2015, along with accompanying research of revenue bodies’ corporate documents,...

by Asian Development Bank Institute | On 22 May 2017

Financing Asian Irrigation: Choices Before Us

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

by Asian Development Bank Institute | On 19 May 2017

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

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

by Asian Development Bank Institute | On 10 May 2017

Bangladesh: Development Effectiveness Brief 2017

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

by Asian Development Bank Institute | On 08 May 2017

Goods and Services Tax in India: An Opportunities and Challenges

Value added tax was first introduced by Maurice Laure, a French economist, in 1954. The tax was designed such that the burden is borne by the final consumer. Since VAT can be applied on goods as well...

by | On 13 Apr 2017

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

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

by | On 13 Apr 2017

Budget Speech Maharashtra: 2017-18: Part II

Finance Minister of Maharashtra presenting the Budget

by Sudhir Mungantiwar | On 20 Mar 2017

Budget Speech Maharashtra: 2017-18 Part I

Maharashtra Budget speech by the Honorable Finance Minister.

by Sudhir Mungamtiwar | On 20 Mar 2017

Macroeconomic Impact of Demonetisation-A Preliminary Assessment

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

by Reserve Bank of India RBI | On 15 Mar 2017

Himachal Pradesh Budget 2017-18

The Chief Minister of Himachal Pradesh, Shri Virbhadra Singh, presented a budget on 10 March 2017 for the financial year 2017-18. The total proposed budget for the FY 2017-18 is Rs. 35,783 crore.

by | On 14 Mar 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

Delhi Budget: 2017-18

Finance Minister of Delhi Shri Manish Sisodia presented the budget of Delhi.

by Manish Sisodia | On 10 Mar 2017

Chhattisgarh Budget 2017-18

Chhattisgarh budget speech by Hon. Finance minister Raman Singh.

by Raman Singh | On 09 Mar 2017

Haryana Budget : 2017-18

Haryana Budget presented by Hon'ble Minister Capt. Abhimanyu.

by Haryana Government | On 07 Mar 2017

Kerala Budget 2017-18

Kerala budget presented by Hon.Finance Minister Thomas Issac.

by T.M. Thomas Issac | On 06 Mar 2017

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

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

by Lekha Chakraborty | On 03 Mar 2017

Odisha General Budget : 2017-18

General Budget of Odisha presented by the Finance Minister.

by Pradip Kumar Amat | On 01 Mar 2017

Odisha Agriculture Budget : 2017-18

The first part is the Agriculture Budget, which not only covers the outlay and programmes relating to Agriculture and allied activities, but also presents the macro-economic outlook as well as the...

by Pradip Kumar Amat | On 01 Mar 2017

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

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

by | On 21 Feb 2017

Assam Budget: 2017-18

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

by Government of Assam | On 09 Feb 2017

Assam Budget Analysis 20 17 - 18

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

by Arvind Gayam | On 09 Feb 2017

Union Budget: A Window of Opportunity for Our Children?

In the context of social sector and particularly for children, the Union Budgets have disappointed the marginalized community and the Union Budget 2017-18 further pushed its children to the peripher...

by HAQ Centre for Child Rights HAQCRC | On 06 Feb 2017

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

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

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

Union Budget 2017-18: Social Sector Largesse Does Not Tell the Whole Story

While there has been a a big jump in allocations to health overall, there is no indication that it will be sustained and will mark a trend.

by Ravi Duggal | On 01 Feb 2017

Latest Highlights of Union Budget Rally 2017

These are the latest union budget highlights. Gear up to enjoy subsidies, pay newer taxes and enjoy greater freedom, as that covers a major part of the Union Budget 2017.

by | On 01 Feb 2017

Budget Speech 2017-18

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

by Arun Jaitley | On 01 Feb 2017

Union Budget 2017-18: Budget Speech

Union Budget 2017-18: Budget Speech by Union Finance Minister Shri Arun Jaitley

by Arun Jaitley | On 01 Feb 2017

Vital Stats: State of the Economy 2016-17

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

by Tanvi Deshpande | On 01 Feb 2017

Economic Survey 2016-17

This year has been marked by several historic economic policy developments. On the domestic side, a constitutional amendment paved the way for the long-awaited and transformational goods and services...

by Arun Jaitley | On 31 Jan 2017

Budget in the Time of Demonetisation

Demonetisation is a weapon to stop the black money in the country. But cash is only a small portion of black money. Also the economy has been affected by this step. How will the government tackle this...

by Rakesh Mumbai | On 27 Jan 2017

Safety of Women in Public Spaces in Delhi: Governance and Budgetary Challenges

The study attempts to highlight some of the major hurdles in Delhi’s governance and fiscal policy in ensuring the safety of women in public spaces. Though violence against women is widespread and oc...

by Kanika Kaul | On 27 Jan 2017

Swachh Bharat Mission - Gramin (SBM-G): GOI, 2016-17

Using government data, this brief reports on trends for SBM-G along the following parameters: • Allocations and expenditures • Physical progress of toilets built • Expenditures incurred under ...

by Avani Kapur | On 27 Jan 2017

Improving Farmers’ Income and Employment through Budget 2017

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

by Amarnath Tripathi | On 25 Jan 2017

Demonetisation: A Positive Effect on Budget to Channelise Nation's Growth Prospects

The aim of this article is to present that the Positive effect of demonetisation on upcoming budget for national growth. And demonetisation is one of the tools to be used for minimize the counterfeit...

by P Shekar | On 25 Jan 2017

Fertility, Mortality and Environmental Policy

This article examines pollution and environmental mortality in an economy where fertility is endogenous and output is produced from labor and capital by two sectors, dirty and clean. An emission tax c...

by | On 24 Jan 2017

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

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

by Janet G Stotsky | On 23 Jan 2017

Note on Status of Accounting Reforms in Indian Railways

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

by Bibek Debroy | On 23 Jan 2017

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

Dealing with GST in the Union Budget 2017

Goods and Services Tax (GST) is a harmonized tax regime and it can curb black money through practicing clean "invoices" to redeem input credit. In the Union Budget 2017, central government may announc...

by Lekha Chakraborty | On 23 Jan 2017

How have States Designed their School Education Budgets?

After the implementation of the Right of Children to Free and Compulsory Education Act (RTE) in 2010, states have brought about some improvement in school education in terms of infrastructure, enro...

by Child Rights and You CRY | On 18 Jan 2017

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

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

by | On 18 Jan 2017

Demonetization of Currency Notes: Significance and Challenges

Demonetization is the act of stripping a currency unit of its status as legal tender. Demonetization is necessary whenever there is a change of national currency. The old unit of currency must be reti...

by | On 18 Jan 2017

Jammu and Kashmir Budget Analysis 2017-18

The Finance Minister of Jammu and Kashmir, Mr. Haseeb A. Drabu, presented the Budget for Jammu and Kashmir for financial year 2017-18 on January 11, 2017.

by Arvind Gayam | On 17 Jan 2017

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

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

by Pratap Ranjan Jena | On 10 Jan 2017

Demonetization, the Cash Shortage and the Black Money

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

by Ashok K. Lahiri | On 02 Jan 2017

Plan vs. Performance Winter Session – November 16 to December 16, 2016

This note lists the legislative business planned by Parliament and compares it with the actual performance during Winter Session 2016.

by Kusum Malik | On 19 Dec 2016

Vital Stats: Parliament functioning in the Winter Session 2016

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

by Kusum Malik | On 19 Dec 2016

Amma Deivamanar (Amma became Goddess)

A benevolent dictator but one who sincerely loved the masses. She is unforgivably not a leader who believed in the collectivity of a Party to afford democracy. But she did what was needed. She display...

by Shyam Sundar | On 14 Dec 2016

Resilient and Responsive Health Systems for a Changing World

A health system should be responsive, resilient, self-regulating. It should be able to respond to health emergencies and changing development scenarios. Governments all over the world should see to it...

by Rajeev B.R. | On 14 Dec 2016

India and the Global Economy

Drawing attention to a high dropout rate in upper primary schools, Singapore Deputy Prime Minister Tharman Shanmugaratnam today said schools are facing the “biggest crisis” in India. Delivering the f...

by Tharman Shanmugaratnam | On 08 Dec 2016

Strengthening State Legislatures: Background Note for the Conference on Effective Legislatures

State legislatures are responsible for making laws on key subjects like land, police and health. They are also tasked with approving the expenditure of money for their respective states every year. T...

by Prianka Rao | On 30 Nov 2016

What is Gender Budgeting: An Illustration though the Analysis of two Health-related Schemes in Karnataka (ThayiBhagya and Vajpayee ArogyashreeYojna)

Taking note of the limitations and challenges pertaining to gender budget exercise, the Government of Karnataka has set up a Task Force constituting of academics working in this area to review the p...

by Jyotsna Jha | On 29 Nov 2016

Demonetisation: Impact on the Economy

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

by | On 17 Nov 2016

Report Summary: White Paper on Black Money

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

by Vishnu Padmanabhan | On 17 Nov 2016

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

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

by Kusum Malik | On 14 Nov 2016

Endogenous Leadership in a Federal Transfer Game

Conventional wisdom suggests that, to negate fiscal externalities imposed by provinces which spend too much and raise lower local resources, central authority should always be a first mover in the t...

by Bodhisattva Sengupta | On 14 Nov 2016

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

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

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

A Study on Widening of Tax Base and Tackling Black Money

Beyond the issue of unaccounted monies lying overseas, however, is the issue of unaccounted monies lying in India and what is perceived to be the parallel economy. There is, of course, this issue of w...

by FICCI Federation of Indian Chambers of Commerce and Indu | On 09 Nov 2016

State of State Finances

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

by Arvind Gayam | On 09 Nov 2016

Estimates of the Economic Contributions of the Bidi Manufacturing Industry in India

Bidis, the most common smoking tobacco product in India, remain largely untaxed and are subject to very few regulations to discourage their use. A major argument against tax increases is the large pot...

by | On 03 Nov 2016

Ease of Doing Business

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

by | On 28 Oct 2016

Doing Business

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

by World Bank [WB} | On 27 Oct 2016

Student Responses to the Changing Content of School Meals in India

Can countries with binding budget constraints increase the benefits of school transfers through better program design? A cost-neutral change is used in the design of India’s school meal program to s...

by Farzana Afridi | On 20 Oct 2016

On Measuring Uncertainty: Snakes and Ladders

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

by | On 18 Oct 2016

Financial Stability in a Weak Global Environment

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

by S.S. Mundra | On 10 Oct 2016

Recent Changes in the Fiscal Architecture in India and Implications for Financing Climate Change Interventions

The recent changes in the institutional and fiscal architecture of the country following the constitution of NITI Aayog and release of report of the Fourteenth Finance Commission, have implications...

by Centre for Budget and Governance Accountability CBGA | On 04 Oct 2016

Parental Resources and College Attendance: Evidence from Lottery Wins

This paper examines more than one million children whose parents won a state lottery to trace out the effect of additional household resources on college outcomes. The analysis draws on the universe o...

by George Bulman | On 28 Sep 2016

Prime Minister Narendra Modi inaugurates 'NITI Lectures: Transforming India'

NITI Aayog aims to build strong States that will come together to build a strong India. As the government’s premier think-tank, we view knowledge building & transfer as the enabler of real transformat...

by Niti Aayog GOI | On 27 Sep 2016

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

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

by Howard Bodenhorn | On 22 Sep 2016

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

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

by | On 22 Sep 2016

Quantitative Spatial Economics

The observed uneven distribution of economic activity across space is influenced by variation in exogenous geographical characteristics and endogenous interactions between agents in goods and factor m...

by Stephen Redding | On 20 Sep 2016

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

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

by | On 07 Sep 2016

Encouraging Women to be Entrepreneurs

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

by Lakshmi Priya | On 30 Aug 2016

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

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

by Gary V Maningo | On 19 Aug 2016

Revisiting the Tax Compliance Problem using Prospect Theory

The paper presents a model for tax compliance based on prospect theory wherein an individual makes the decision whether to file, and declare a certain amount of income, or to not file based on a set...

by R.Kavita Rao | On 17 Aug 2016

Vital Stats: Parliament during Monsoon Session 2016

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

by Kusum Malik | On 16 Aug 2016

The Dominant Borrower Syndrome: The Case of Pakistan

The pressure fiscal expansion exerts on the economy via credit markets in Pakistan is analysed. Melina and Villa (2014) is extended by allowing government to compete with the private borrowers (firms...

by Sajawal Khan | On 16 Aug 2016

GST in India: Chasing a Mirage or Reality?

India is moving towards introducing a Goods and Services Tax (GST). The GST would be a multistage comprehensive value added tax (VAT) encompassing both goods and services. Given the federal structur...

by Sacchidananda Mukherjee | On 09 Aug 2016

Market Integration and Price Transmission in Tajikistan’s Wheat Markets: Rising Like Rockets but Falling Like Feathers?

The extent of market integration and transmission of food price shocks is a major determinant of price stability and overall food security, particularly in developing countries. Few studies have exam...

by Jarilkasin Ilyasov | On 08 Aug 2016

Goods and Services Tax in India Taking Stock and Setting Expectations

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

by | On 05 Aug 2016

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

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

by | On 05 Aug 2016

First Discussion Paper on Goods and Services Tax in India

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

by Government of India | On 05 Aug 2016

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

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

by Helen Levy | On 03 Aug 2016

International Evidence on Long Run Money Demand

This paper explores the long-run demand for M1 based on a dataset comprising 31 countries since 1851. In many cases, co integration tests identify a long-run equilibrium relationship between either ve...

by Luca Benati | On 01 Aug 2016

Fire-Sale Externalities

This paper characterizes the efficiency properties of competitive economies with financial constraints and fire sales. It shows that two distinct pecuniary externalities occur in such settings: distri...

by Eduardo Dávila | On 29 Jul 2016

Finders, Keepers?

Natural resource taxation and investment often exhibit cyclical behaviour, associated with shifts in political power. Why do finders get to keep more of their discoveries in some periods than others?...

by Niko Jaakkola | On 22 Jul 2016

Distributional Effects of Means Testing Social Security: Income Versus Wealth

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

by Alan Gustman | On 20 Jul 2016

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

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

by | On 19 Jul 2016

Social Sector in India: Issues and Challenges

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

by Padmaja Mishra | On 19 Jul 2016

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

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

by Meenu Tewari | On 15 Jul 2016

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

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

by | On 15 Jul 2016

Indonesian Labor Migrants in Malaysia: A Study from China

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

by | On 08 Jul 2016

Improving Taxation Environment: Attracting Foreign Direct Investment

This paper broadly deals with the concerns of the multinationals in the area of taxation environment. Section two of this paper deals with the genesis of the recent crisis in this area and issues invo...

by R Singh | On 07 Jul 2016

A Theory of Tax Evasion in Developing Countries

This paper argues that taxpayers use tax evasion to compensate for imperfect financial markets as well as government expenditure patterns that do not benefit them. This paper demonstrates that imperfe...

by Errol D'souza | On 07 Jul 2016

Feasibility of Incentive Based Environmental Instruments in State and Central Taxation Regimes

Taxation policies in India have historically not been environmentally oriented. A tax system is needed whic is environmentally more rational. It is argued in this study that India is currently going...

by D K Srivastava | On 01 Jul 2016

Cyclicality of Social Sector Expenditures: Evidence from Indian States

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

by | On 30 Jun 2016

An Analysis of Perceptions of Domestic Violence and Efficacy of the Implementation of the PWDV Act (2005) in Bihar

The present study has been conducted in the rural and urban areas of 9 districts of 9 commissionaries in Bihar. A random sample of 375 families is drawn from different socio-economic backgrounds. The...

by CARE India | On 20 Jun 2016

Federal Budget of Pakistan 2016

Budget speech of Pakistan 2016-17.

by Mohammad Ishaq Dar | On 17 Jun 2016

Evaluating Labour Market Policy

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

by Werner Eichhorst | On 15 Jun 2016

Budget Speech Jammu and Kashmir: 2016-17

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

by Hasseeb A. Drabu | On 13 Jun 2016

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

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

by | On 09 Jun 2016

The Mixture as Before? Student Responses to the Changing Content of School Meals in India

We study how attendance rates of primary school children respond to cost neutral changes in the design of India’s school meal program. Municipal schools in the capital region of Delhi switched from pa...

by | On 02 Jun 2016

Health Sector Financing by Centre and States/UTs in India: [2013-14 to 2015]

Public expenditure data has been sourced from the State budget documents, detailed demand for grants of MoHFW and other Central Ministries/Departments. This document gives in totality classification...

by Ministry of Health and Family Welfare MoH&FW | On 02 Jun 2016

The GATS Atlas: Global Adult Tobacco Survey

The Global Adult Tobacco Survey (GATS) Atlas presents tobacco statistics from 22 countries in a visual formatting, using GATS data that cover nearly 60 percent of the world’s population. It describes...

by | On 31 May 2016

Earmarked Tobacco Taxes: Lessons Learnt from Nine Countries

This publication looks at the experience of nine countries that have an experience in earmarking tobacco tax revenues for health purposes. It describes the challenges, setbacks and achievements of tho...

by World Health Organisation (WHO) | On 31 May 2016

Indicators for Monitoring the Millennium Development Goals

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

by United Nations (UN) | On 27 May 2016

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

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

by Victor Kwadwo | On 25 May 2016

Organised Forest-Farm Producers Mitigate Climate Change Through Adaptive Resilience

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

by Jeffrey Campbell | On 25 May 2016

Achieving More Together: Empowered Forest and Farm Producer Organizations

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

by Jeffrey Campbell | On 25 May 2016

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

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

by Pratap R Jena | On 23 May 2016

Sustainable Consolidation: Suggesting the Way Ahead for Kerala

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

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

Scheme for Facilitating Start-Ups Intellectual Property Protection (SIPP)

SIPP is envisaged to facilitate protection of patents, trademarks and design of innovative and interested startups.

by Department of Industrial Policy & Promotion DIPP | On 20 May 2016

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

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

by Association for Democratic Reforms ADR | On 19 May 2016

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

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

by Cornelis Haasnoot | On 18 May 2016

Vital Stats: Parliament Functioning in Budget Session 2016

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

by Kusum Malik | On 17 May 2016

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

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

by Kusum Malik | On 17 May 2016

The Global Risks Report 2016: 11th Edition

Now in its 11th edition, The Global Risks Report 2016 draws attention to ways that global risks could evolve and interact in the next decade. The year 2016 marks a forceful departure from past finding...

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

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

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

by Mohana Mondal | On 09 May 2016

Factors Impacting Railway Freight Traffic in India

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

by Saurabh Bandyopadhyay | On 09 May 2016

India Policy Forum 2014 - 2015

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

by Shekhar Shah | On 09 May 2016

Issues in India's External Sector

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

by C. Rangarajan | On 06 May 2016

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

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

by Lakshmi Sreedhar | On 04 May 2016

Government Expenditure in India: Composition, Cyclicality and Multipliers

This paper assesses the fiscal space and cyclicality of total Indian Central Government expenditure and its major components

by Ashima Goyal | On 02 May 2016

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

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

by | On 02 May 2016

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

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

by | On 02 May 2016

Reassessing Exchange Rate Overshooting in a Monetary Framework

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

by Taniya Ghosh | On 02 May 2016

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

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

by Mahinda Wijesiri | On 02 May 2016

A SVAR Approach to Evaluation of Monetary Policy in India

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

by | On 02 May 2016

Size Dependent Tax incentives, Threshold Effects and Horizontal Subcontracting in Indian Manufacturing: Evidence from Factory and Firm-level Panel Data Sets

ndia's industrial protection and promotion policies for small-scale enterprises have figured prominently in the literature on industrialization policies in developing countries. These size dependent t...

by K.V. Ramaswamy | On 02 May 2016

Tamil Nadu: State Income Report

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

by Tamil Nadu Government | On 29 Apr 2016

Issues in SME Financing

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

by | On 29 Apr 2016

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

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

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

by European union | On 26 Apr 2016

Taxes: Price of Civilization or Tribute to Leviathan?

The report considers the question of taxes as price versus tribute for contemporary India and makes three points. First, if the accounting cost of services provided exceeds the economic cost (the min...

by | On 15 Apr 2016

Water and Agriculture: Facing Water Scarcity and Environmental Challenges

Agricultural water use is the main one among all water uses. Despite this use plays an essential role in food and fiber world supplies, provides for mitigating poverty in many regions, and produces a...

by Luis Santos Pereira | On 13 Apr 2016

PAISA for Panchayats - Tracking Fiscal Devolution toLocal Goverments: A case study from Kolar district, Karnataka

The PAISA for Panchayats research project extends AI’s PAISA methodology to track fund flows and implementations processes at the Panchayat level. By focusing on understanding the state of fiscal devo...

by | On 13 Apr 2016

State Finances: A Study of Budgets of 2015-16

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

by Reserve Bank of India RBI | On 12 Apr 2016

The 2016 National Budget: Philippines

The 2016 Budget reaffirms the belief that no one should be left behind as the country progresses.

by Strategic Communication Unit Philippines | On 11 Apr 2016

The 2016 Budget Speech: Malaysia

Budget speech by Finance Minister of Malaysia.

by Minister of Finance Malaysia | On 06 Apr 2016

Role of National Food Security Mission (NFSM) in Improving Agricultural Productivity in Selected Districts

A study was undertaken by the Council for Social Development with the sponsorship of Planning Commission, Government of India with the following specific objectives to analyse the impact of NFSM initi...

by Ankita Goyal | On 05 Apr 2016

Budget Speech Meghalaya: 2016-17

Speech by Donkupar Roy, Finance Minister of Meghalaya.

by Donkupar Roy | On 31 Mar 2016

Budget Speech Chhattisgarh: 2016-17

Budget speech of Chhattisgarh 2016

by Raman Singh | On 30 Mar 2016

Budget Speech Uttarakhand: 2016-17

Budget speech of Uttarakhand finance minister.

by Finance Minister Uttarakhand | On 30 Mar 2016

Budget Speech Delhi: 2016-17

Budget speech by Finance Minister Manish Sisodia.

by Manish Sisodia | On 29 Mar 2016

Hong Kong Budget Speech 2016

Speech by the Financial Secretary.

by Hon John C Tsang | On 28 Mar 2016

Singapore Budget Speech 2016

Budget Speech of 2016 by Finance Minister of Singapore.

by Heng Swee Keat | On 28 Mar 2016

Budget 2016-17 & The Indian Economy

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

by Arvind Panagariya | On 28 Mar 2016

Budget Speech Haryana: 2016-17

Budget Speech of Finance Minister of Haryana.

by Capt. Abhimanyu | On 22 Mar 2016

Budget Speech Uttar Pradesh: 2016-17

Budget speech of the finance minister of Uttar Pradesh.

by Uttar Pradesh Government UP | On 22 Mar 2016

Labor Supply Models: Unobserved Heterogeneity, Nonparticipation and Dynamics

This chapter is concerned with the identification and estimation of models of labor supply. The focus is on the key issues that arise from unobserved heterogeneity, nonparticipation and dynamics. We e...

by Richard Blundell | On 21 Mar 2016

Budget Speech Odisha Part II: 2016-17

Part II of the Budget speech of the finance minister.

by Pradip Kumar Amat | On 21 Mar 2016

Budget Speech Odisha-Part 1: 2016-17

Budget Speech by Pradip Kumar Amat.

by Pradip Kumar Amat | On 21 Mar 2016

Budget Speech Maharashtra: 2016-17-Part II

Budget speech

by Sudhir Mungantiwar | On 18 Mar 2016

Budget Speech Maharashtra: 2016-17-Part I

Budget Speech by Finance Minister of Maharashtra

by Sudhir Mungamtiwar | On 18 Mar 2016

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

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

by Asian Development Bank Institute | On 18 Mar 2016

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

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

by | On 18 Mar 2016

Dynamics of Political Budget Cycle

Using the method of optimal control, when an incumbent politician derives utility from voting support and dis-utility from budgetary deficit, the equilibrium time paths of both voting support and budg...

by Ganesh Manjhi | On 17 Mar 2016

Budget Speech Telangana: 2016-17

Budget Speech of finance minister of Telangana.

by K Chandrashekar | On 17 Mar 2016

Gender Concerns in the Union Budget 2016-17

The Union Budget has failed to allocate substantiate funds. With less gender mainstreaming and with lack of assurance of safety to women the budget fails to make an impact in this regard.

by Vibhuti Patel | On 17 Mar 2016

Budget Speech Gujarat: 2016-17

Budget speech of finance minister of Gujarat, Saurabh Patel.

by Saurabh Patel | On 16 Mar 2016

Budget Speech Andhra Pradesh 2016-17

Budget Speech of Yanamala Ramakrishnudu Minister of Finance.

by Yanamala Ramakrishnudu | On 16 Mar 2016

Asia SME Finance Monitor 2014

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

by Asian Development Bank Institute | On 15 Mar 2016

Financial Soundness Indicators for Financial Sector Stability in Bangladesh

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

by Asian Development Bank Institute | On 15 Mar 2016

Japan’s ODA Still Going Strong

In the 1990s, Japan was the world’s top donor. This position was lost in 2001, after a prolonged economic slump, a deteriorating fiscal situation, and increasingly critical public view of ODA made the...

by | On 14 Mar 2016

Japan: Tax Matters

On Monday September 10 the leader of the party likely to win Japan’s next general election, LDP’s SadakazuTanigaki, threw in the towel in a surprise move. He had repeatedly expressed his intention to...

by | On 14 Mar 2016

Politics of ‘Good Governance’ in Sri Lanka’s Parliamentary Polls

Sri Lanka’s latest parliamentary election, slated for 17 August 2015, is important not only for the political-comeback bid by former President Mahinda Rajapakse but also for the focus on issues of ‘go...

by Ayesha Wijayalath | On 14 Mar 2016

The Housing Market and Housing Policies in Japan

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

by Masahiro Kobayashi | On 14 Mar 2016

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

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

by Panchanan Das | On 14 Mar 2016

India in the Global Economy

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

by Raghuram G. Rajan | On 14 Mar 2016

Budget Speech West Bengal: 2016-17

Speech of Finance Minister, 2016.

by West Bengal Government | On 14 Mar 2016

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

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

by D K Srivastava | On 13 Mar 2016

Kerosene Consumption in India: Welfare and Environmental Issues

The adverse fiscal effects of fuel subsidies in developing countries like India are well documented. More recently, few studies have highlighted the fiscal, welfare and environmental effects of possib...

by Brinda Viswanathan | On 10 Mar 2016

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

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

Climate Change Economics: A Review on Theoretical Understanding and Controversies

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

by Unmesh Patnaik | On 09 Mar 2016

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

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

by | On 09 Mar 2016

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

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

by Praveena Kodoth | On 09 Mar 2016

Challenges for Urban Local Governments in India

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

by Rumi Aijaz | On 09 Mar 2016

Budget Speech, Rajasthan-2016-17

Budget speech by Vasundhara Raje.

by Vasundhara Raje | On 09 Mar 2016

How Protected are our Children in Assam?

Situation of children in Assam in 2016.

by Melvil Pereira | On 09 Mar 2016

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

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

by | On 08 Mar 2016

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

India’s Union Budget: Changing Scope and the Evolving Content

The paper reflects on the changing scope of the Union Budget and the Finance Minister’s speech and assesses the evolving content of these policy instruments in recent years. The analysis undertaken...

by | On 08 Mar 2016

Middle Class is among the Better Off, They Need to Pay More

When the state is unable to provide adequately for the bottom half of the population, should it be giving tax benefits to the well-off?

by T.N. Ninan | On 05 Mar 2016

India Budget 2016: Old Economics, New Politics

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

by Amitendu Palit | On 04 Mar 2016

Bihar Budget Analysis 2016-17

The Finance Minister of Bihar, Mr. Abdul Bari Siddiqui, presented the Budget for Bihar for the financial year 2016-17.

by Arvind Gayam | On 03 Mar 2016

Budget Speech 2016: Bihar

The Finance Minister of Bihar, Mr. Abdul Bari Siddiqui, presented the Budget for Bihar for the financial year 2016-17.

by | On 03 Mar 2016

Connecting the Dots: An Analysis of Union Budget 2016-17

It presents a comprehensive analysis of the priorities and proposals in Union Budget 2016-17, focusing on social sectors (such as education, health, drinking water and sanitation, food security etc.)...

by Centre for Budget and Governance Accountability CBGA | On 02 Mar 2016

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

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

by M.N. Murty | On 02 Mar 2016

Impact of China Slowdown on India

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

by Geetima Das Krishna | On 02 Mar 2016

Budget 2016: Once Again Fails to Deliver for the Dalit Adivasis

The Union Budget has failed to deliver on the needs of the marginalised section of population. The spending has been much lower than what was budgeted.

by Paul Divakar | On 01 Mar 2016

Not a ‘Healthy’ Budget

Disappointingly, the new health policy that appeared to be robust one, has received little support in the Union Budget.

by | On 01 Mar 2016

Fiscal Policy Instruments and the Political Economy of Designing Programs to Reach the Poorest

This paper examines the fiscal instruments available to different levels of government and their interactions to enhance the effectiveness of public policies for the poorest and hungry groups. Address...

by Ehtisham Ahmad | On 01 Mar 2016

Effective Carbon Taxes and Public Policy Options: Insights from India and Pakistan

In this paper, we take as given the need for public action on climate change (see Stern, 2007), and that carbon taxation is one of the key instruments for influencing both behaviour of consumers and p...

by Ehtisham Ahmad | On 01 Mar 2016

Madhya Pradesh Budget Analysis 2016-17

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

by Arvind Gayam | On 01 Mar 2016

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

Budget Speech of Madhya Pradesh 2016

Budget Speech of Finance Minister of Madhya Pradesh.

by Finance Minister of MP Govt of MP | On 01 Mar 2016

Political Economy of Natural Resource Revenue Sharing in Indonesia

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

by Cut Agustina | On 01 Mar 2016

Vital Stats: Union Budget 2016-17

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

by Mandira Kala | On 01 Mar 2016

Financing Social Policy in the Presence of Informality

We present a framework for the analysis of tax and benefit policy in countries with significant informality. Our framework allows us to jointly analyse the e!ects of various taxes and benefits on ince...

by Ehtisham Ahmad | On 01 Mar 2016

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

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

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

Should China Revisit the 1994 Fiscal Reforms?

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

by Ehtisham Ahmad | On 01 Mar 2016

Poor Budgeting Leads to Huge Under Spending

Regardless of the allocations for healthcare, there is a systemic reluctance to spend on health care. This trend needs to be reversed and a more transparent citizen-centred process of budget-making...

by Ravi Duggal | 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

Can the New Intergovernmental Structure Work in Pakistan in the Presence of Governance Challenges? Learning from China

The reform of the tax administration has been recognized as a priority since the early 1980s and the report of the Tax Reforms Commission headed by Qamar-ul Islam, which had called the then Central Bo...

by Ehtisham Ahmad | On 29 Feb 2016

Adverse Impacts Of Climate Change On Development Of Bhutan: Integrating Adaption Into Policies And Activities

From the existing development plans and vulnerability assessment report it is found that adverse effects of climate change including variability and natural disaster has a significant implication on t...

by | On 29 Feb 2016

GEF India Enabling Transformations

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

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

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

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

by Indira Masullo | On 29 Feb 2016

Highlights of the Draft Budget of Japan for FY2016

Highlights of the budget of Japan for the year 2016.

by Ministry of Finance, Japan MOF, Japan | On 29 Feb 2016

Union Budget Speech 2016

Budget speech by Finance Minister Arun Jaitley.

by Arun Jaitley | On 29 Feb 2016

Narendra Modi, Mark II

Has Narendra Modi re-set his political sights? What's there in the Budget?

by T.N. Ninan | 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

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

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

by Sofiah Jamil | On 27 Feb 2016

Financing of Urban Local Bodies in India

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

by Charan Singh | On 27 Feb 2016

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

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

by Ehtisham Ahmad | On 26 Feb 2016

Political Economy of Multilevel Information Generation and Liability Management

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

by Ehtisham Ahmad | On 26 Feb 2016

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

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

by Ehtisham Ahmad | On 26 Feb 2016

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

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

by Provita Kundu | On 26 Feb 2016

An In-Depth Analysis of Railway Budget 2016-17

An analysis of the railway budget.

by Manoj Singh | On 26 Feb 2016

Social Innovation: A Guide to Achieving Corporate and Societal Value

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

by World Economic Forum [WEF] | On 26 Feb 2016

Economic Survey 2015-16-Volume II

India’s growth story has largely remained positive on the strength of domestic absorption, and the country has registered a robust and steady pace of economic growth in 2015-16 as it did in 2014-15....

by Arun Jaitley | On 26 Feb 2016

Railway Budget 2016-17: Preliminary Analysis

The Minister of Railways, Mr. Suresh Prabhu, presented the Railway Budget 2016-17 to Parliament on February 25, 2016. In his address, he commented on the performance of Railways in 2015-16 and laid o...

by Prachee Mishra | On 26 Feb 2016

Land Reform and Changes in Land Ownership Concentration: Evidence from Rice-Growing Villages

This paper examines the effect of land reform and land transfer actions of farmer beneficiaries on land ownership concentration. A case study of two rice-growing villages was used to track down owners...

by Marife M. Ballesteros | On 25 Feb 2016

Accra Conference on Aid Effectiveness Perspectives from Bangladesh

The Centre for Policy Dialogue (CPD), established in 1993, is a civil society initiative to promote an ongoing dialogue between the principal partners in the decision-making and implementing process....

by Dialogue Centre for Policy | On 25 Feb 2016

Government Debt

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

by Ministry of Finance GOI | On 25 Feb 2016

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

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

by Roehlano M. Briones | On 25 Feb 2016

Comparative Assessment of Proposals to Amend the Personal Income Tax Law

Proposals to reform the personal income tax has gained prominence in recent months. To date, personal income tax reform is part and parcel of the platform of a number of the candidates in the 2016 pre...

by Rosario G. Manasan | On 25 Feb 2016

Indian Railway Budget Speech 2016-17

Speech of Shri Suresh Prabhakar Prabhu introducing the Railway Budget for 2016-17.

by Suresh Prabhakar Prabhu | On 25 Feb 2016

Trade Policy at the Cross-Roads

It is now widely agreed that the World Trade Organization (WTO) is in trouble, struggling to deliver the national rewards available from liberalising through multilateral negotiations. Prime Minister...

by Bill Carmichael | On 25 Feb 2016

The Political Economy of Trade Policy in Indonesia

This paper focuses on Indonesia’s trade policies after the economic crisis. It examines the trend towards protection and addresses the issues of competitiveness. The concluding part briefly discusses...

by M. Basri | On 25 Feb 2016

Cost Effectiveness Assessment of Green House Gas Mitigation Options: A Proposed Methodology

The World Bank has been requested by the government of India to undertake a study, “Strategies for Low Carbon Growth.” The study considers different options for low-carbon growth trajectories to fisca...

by Ministry of Environment and Forests GOI | On 24 Feb 2016

Scaling Up Carbon Finance in India

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

by World Bank | On 24 Feb 2016

The Puzzle of Small Farming in Japan

Japan’s small farming represents a puzzle. Currently nearly three-quarters of farmland is operated by farmers whose farm size is well under optimal size. Being too small is the main reason for the hig...

by Yoshihisa Godo | On 24 Feb 2016

Pulp Friction: Southern Environment or Western Agendas?

Campaigns against big pulp and palm oil producers in Indonesia appear to be driven by local activists on the ground. In reality, they are facilitated by huge budgets and shaped by agendas emanating fr...

by | On 23 Feb 2016

Post-Crisis Investment Performance Of ASEAN Countries: Impact Of FDI

The paper studies the post-Asian crisis investment performance of crisis affected countries in ASEAN. The empirical evidence clearly indicates that the ASEAN and East Asian countries are emerging from...

by Aekapol Chongvilaivan | On 23 Feb 2016

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

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

by Kusum Malik | On 23 Feb 2016

Tamil Nadu Interim Budget Speech 2016-2017

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

by O Panneerselvam | On 22 Feb 2016

Labor Supply Responses to the 1990s Japanese Tax Reforms

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

by Ken Yamada | On 19 Feb 2016

The Goods & Services Tax Debate in India: Concepts and Issues

The chequered but ongoing political efforts to introduce a uniform Goods & Services Tax (GST) throughout India should actually be seen through a larger economic prism. The current sense of urgency, re...

by | On 19 Feb 2016

Mass housing requires mass housing finance

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

by | On 19 Feb 2016

Budget 2016-17: Industry Expectations

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

by Kiron Nanda | On 18 Feb 2016

Adaptation to Climate Change in India: A Study of Union Budgets

The present study reviews the framework on adaptation in India and provides an estimation of the public resources devoted to this sector.

by Kaushik Ganguly | On 18 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

Bumpy Road Ahead for Agriculture Sector

Agriculture is important sector for Indian economy. The agricultural growth output and rural income has to increase, only then can we think of an all-inclusive development of the economy. The problems...

by Environmental Management & Policy Research Institute | On 17 Feb 2016

Agriculture’s Contribution To National Emissions

Agriculture is an important source of greenhouse gas emissions globally, but how do emissions differ among countries? The relative contribution of agriculture to countries’ emissions budgets can infor...

by Meryl Richards | On 17 Feb 2016

State and Region Public Finances in Myanmar

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

by The Asia Foundation | On 16 Feb 2016

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

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

by Vikram Nehru | On 16 Feb 2016

Economic Stability and Choice of Exchange Rate Regimes

The purpose of this paper is to emphasize the importance of Europe’s structural problems and governance as the cause of the current euro area crisis. The euro may have led to bubbles, but member econo...

by Sahoko Kaji | On 16 Feb 2016

Global Implications of the Renminbi’s Ascendance

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

by Eswar Prasad | On 16 Feb 2016

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

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

by Md. Julhas Uddin | On 15 Feb 2016

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

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

by Kumar Shailabh | On 15 Feb 2016

Need to Push for Inclusive Growth

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

by S.D Naik | On 15 Feb 2016

Kerala Budget 2016-17

Budget speech by Oommen Chandy.

by Oommen Chandy | On 15 Feb 2016

Interest Rate Spread in Bangladesh: An Analytical Review

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

by Shamim Ahmed | On 15 Feb 2016

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

Accountability and Transparency in Political Finance

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

by Transparency International TI | On 14 Feb 2016

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

Political Finance Regulations: Bridging the Enforcement Gap

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

by Transparency International TI | On 14 Feb 2016

Reforming Institutions: Where to Begin?

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

by M. Idrees Khawaja | On 14 Feb 2016

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

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

by Muttukrishna Sarvananthan | On 13 Feb 2016

Corruption and Public Procurement

Public procurement impacts people’s lives and accounts for a big share government budgets. The large monetary transactions involved make the risk of abuse high and the need for anti-corruption safegua...

by Transparency International TI | On 12 Feb 2016

Ending Corruption to Ensure Basic Education for All

Universal primary education is one of the eight pledges of the Millennium Development Goals (MDGs) that are set to be met by 2015. Since the goals have been adopted, corruption and governance deficits...

by Transparency International TI | On 12 Feb 2016

New Growth Models: Challenges and Steps to Achieving Patterns of More Equitable, Inclusive and Sustainable Growth

The global economy is growing at an unprecedented pace, bringing large swathe’s of the world’s population out of poverty. But this is not without its challenges. New Growth Models takes a closer look...

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

There's No Such Thing as a Free Lunch!

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

by Tulsi Jayakumar | On 11 Feb 2016

Transport Policy and Green Technology: Ways to Abate Pollution

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

by Sudakshina Gupta | On 11 Feb 2016

Towards Fiscal Consolidation and a Simplified Tax Structure?

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

by Pratap Jena | On 11 Feb 2016

Inequities in Health Services in Mumbai

In absolute terms, the MCGM has presented a budget for the year 2015-16 wherein its income is Rs. 33,000 crores and expenditure is Rs 31,000 crores. Out of this expenditure, it has allotted Rs. 2,552...

by Sadanand Nadkarni | On 09 Feb 2016

Mitigation and Adaptation Strategies to Minimise GHG Footprint in Transportation Sector, India

India has a number of policies that contribute to climate mitigation but what is required to implement these into action is proper planning and allocation in the budget

by T. V. Ramachandra | On 09 Feb 2016

An Index of Fiscal Democracy

Over the past four decades, the accumulation of policy legacies and public debt has led to a decline in fiscal flexibility in Germany and the United States. By applying an index of fiscal democracy to...

by | On 08 Feb 2016

Trade, Finance & Development: Overview of Challenges and Opportunities

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

by | On 08 Feb 2016

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

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

by UN Women | On 08 Feb 2016

Progress of the World's Women 2000

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

by UN Women | On 08 Feb 2016

Poor Budgeting Leads to Huge Under Spending

Regardless of the allocations for healthcare, there is a systemic reluctance to spend on health care. This trend needs to be reversed and a more transparent citizen-centred process of budget-making...

by Ravi Duggal | On 08 Feb 2016

Statement 22: Recognition of Budget for Children in India

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

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

How Soon Is Now? Evidence of Present Bias from Convex Time Budget Experiments

Empirically observed intertemporal choices about money have long been thought to exhibit present bias, i.e. higher short-term compared to long-term discount rates. Recently, this view has been called...

by Uttara Balakrishnan | On 07 Feb 2016

A Modi Index?

One way to do a reality check on the official numbers will be to develop a desi version of what came to be called the Li index in China.

by T.N. Ninan | On 06 Feb 2016

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

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

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

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

by Transparency International TI | On 05 Feb 2016

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

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

by Transparency International TI | On 05 Feb 2016

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

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

by Transparency International TI | On 05 Feb 2016

Budget Speech by BMC Municipal Commissioner-2016-17

Statement of Municipal Commissioner.

by Ajoy Mehta | On 05 Feb 2016

BMC Budget at a Glance-2016-17

Budget at a glance as prepared by Municipal Commissioner.

by Municipal Commissioner BMC | On 05 Feb 2016

Can Justice Be Achieved Through Settlements?

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

by Transparency International | On 05 Feb 2016

Curbing Illicit Financial Flows to Unlock A Sustainable Future

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

by Transparency International | On 05 Feb 2016

Tax Systems: A Channel for Corruption – Or A Way To Fight It?

Fighting tax evasion, corruption and opaque money flows should be seen as advancing the same end point: more equitable and better governed countries. When a tax system works right, it can create an ef...

by Transparency International | On 04 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

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

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

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

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

by Georg Inderst | On 02 Feb 2016

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

Social Insurance with Competitive Insurance Markets and Risk Misperception

This paper considers an economy where individuals differ in productivity and in risk. Rochet (1991) has shown that when private insurance markets offer full coverage at fair rates, social insurance is...

by | On 02 Feb 2016

The Armed Syrian Opposition: Common Aim but No Vision

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

by | On 01 Feb 2016

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

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

by International Budget Partnership IBP | On 01 Feb 2016

Massive, Globally Coordinated Fiscal Stimulus is Needed: Going From the Drawing Board to Swift Action

In just over a year, the mid-2007 sub-prime housing debacle in the United States has escalated into a global financial crisis and pushed the world economy into recession arguably the deepest since Wor...

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

A Global Green New Deal for Sustainable Development

Seventy-six years ago, in the midst of the Great Depression, the United States government introduced the New Deal. The New Deal effectively harnessed the fiscal stimulus for environmental as well as d...

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

Finance for Forests and Climate Change

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

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

Can we Avert the Next Dollar Crisis?

Are we heading towards a hard landing of the United States dollar? In recent months, the value of the dollar approached another historic low vis-à-vis other major currencies. This contrasts with the i...

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

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

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

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

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

The Potential of Financial Transaction Taxes for Development Financing

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

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

Global Liquidity for Global Development

Official development assistance declined in real terms in 2011 as a result, in part, of fiscal austerity in many donor countries. Traditional forms of funding have fallen well short of needs to financ...

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

Improving Tax Compliance in Bangladesh: A Study of Value-Added Tax (VAT)

In recent years, tax compliance has come to the centre of both academic and policy discourse for several reasons. In the first place, tax-GDP ratio in Bangladesh is very low (10.6%) when compared with...

by Nasiruddin Ahmed | 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

Renewable Energy and Process and Production Methods

In the debate on climate change, methods of producing products and energy are of paramount importance. While the product or the form of energy resulting may be the same, diverging production processes...

by | On 28 Jan 2016

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

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

by Keshab Das | On 28 Jan 2016

Report of the National Consultation on "Children and Governance: In the Context of Federalism and Devolution"

Economists and experts have been batting for bringing the fiscal federalism, the activist fora has been criticizing the newly brought in fiscal arrangements between Centre and States. This contradict...

by HAQ Centre for Child Rights HAQCRC | On 28 Jan 2016

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

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

by Ulrike Nischan | On 28 Jan 2016

Triple Wins for Sustainable Development

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

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

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

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

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

Consolidated Replies on State of the Sector Report 2012 for Microfinance

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

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

Financial Inclusion and Livelihood Promotion of Rickshaw Pullers in India

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

by | On 27 Jan 2016

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

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

by | On 27 Jan 2016

The Microfinance Bill: Need for a Fresh Outlook

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

by | On 27 Jan 2016

The Relationship Between Services Trade And Government Procurement Commitments: Insights From Relevant WTO Agreements And Recent RTAS

To date, government procurement has been effectively carved out of the main multilateral rules of the WTO system. This paper examines the systemic and other ramifications of this exclusion, from both...

by Robert Anderson | On 26 Jan 2016

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

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

by Marc Auboin | On 26 Jan 2016

Power to Women through Finance: Revisiting the Microfinance Promise

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

by Tara Nair | On 26 Jan 2016

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

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

by Tara S Nair | On 25 Jan 2016

External Shocks

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

by Ashima Goyal | On 24 Jan 2016

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

Institutional Lending and Financing Policy for SMEs in Bangladesh

Over the last few years, the government has taken a number of initiatives in terms of financial, fiscal, and related policies; adopted strategies; and implemented actions for promoting SME-led economi...

by Naima Nazneen Rikta | On 23 Jan 2016

Prospects and Challenges of Bond Market Development in Bangladesh

The thin bond market in Bangladesh faces manifold challenges emanating from several sources including excessive reliance on bank credit, government debt instruments dominated by primary auction based...

by Md. Akhtaruzzaman | On 23 Jan 2016

Estimating Inflation Rates of Import-Concentrated Commodities

This note provides estimates of inflation rate of import-concentrated commodities and their contribution to overall inflation in Bangladesh. The results suggest that the Bangladesh economy has been ex...

by M. G. Mortaza | On 23 Jan 2016

Ensuring Access for the Climate Vulnerable in Bangladesh

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

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

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

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

by Institute of Development Studies IDS | On 23 Jan 2016

Do Government Transfers Reduce Conflict?

Social conflicts have been solved through fiscal policy and the provision of public goods and services over the centuries. Data from India, too, show government expenditure on social services has had...

by Institute of Development Studies IDS | On 23 Jan 2016

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

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

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

The Impacts of Diesel Price Increases on India’s Trucking Industry

In the fiscal year 2011–12, under-recoveries1 incurred by Indian oil-marketing companies for diesel rose to an all-time high of INR81,192 crore (US$15 billion) (Government of India, 2012a). Diesel con...

by Gayatri Khedkar | On 21 Jan 2016

The Coordination of Climate Finance In India

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

by Vyoma Jha | On 21 Jan 2016

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

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

by Biswajit Dhar | On 21 Jan 2016

Role of Private Sector in Higher Education

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

by Apoorva Shankar | On 20 Jan 2016

Impact of Climate Related Shocks and Stresses on Nutrition and Food Security in Selected Areas of Rural Bangladesh

This study attempts to break down ‘climate change’ into ‘climate related shocks and stresses in the course of time’ and conceptualizes the food security and nutrition outcomes as combination of the ad...

by Chris Béné | On 19 Jan 2016

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

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

by Sarmistha Pal | On 19 Jan 2016

Carbon Tax Brief

This brief outlines the context, current proposals and concerns around the proposed carbon tax and summarises the recommendations of the Davis Tax Committee on the carbon tax, which were released as p...

by Trade & Industrial Policy Strategies TIPS | On 19 Jan 2016

Power To The States Making Fiscal Transfers Work For Better Health

This report is a result of that endeavor and reflects the unique perspectives and expertise of center and state actors, health and fiscal policymakers, academics, and civil society actors. It is based...

by (Centre for Global Development) Advisory Faculty | On 18 Jan 2016

A Survey of the Role of Fiscal Policy in Addressing Income Inequality, Poverty Reduction and Inclusive Growth

A growing concern on widening income gap between the rich and the poor, the policy mismatch in tackling the relative poverty and income inequality have invited increasing volumes of research focusing...

by | On 15 Jan 2016

Housing Policies in China: Issues and Options

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

by Yves Zenou | On 14 Jan 2016

Globalization, Brain Drain and Development

This paper reviews four decades of economics research on the brain drain, with a focus on recent contributions and on development issues. We first assess the magnitude, intensity and determinants of t...

by Frédéric Docquier | On 14 Jan 2016

Introductory Guide to Gender and Climate Change

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

by A Otzelberger | On 13 Jan 2016

Measuring Subnational Budget Transparency, Participation, and Accountability: India

India has highly populated states and a highly devolved budget; in fact, over half of all India’s public expenditures are through state budgets, including a large share of development expenditures on...

by International Budget Partnership IBP | On 13 Jan 2016

The Imprudence of Labour Market Flexibilization in a Fiscally Austere World

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

by | On 11 Jan 2016

The New Aid Paradigm: A Case of Policy Incoherence

From around 2000 onward, donors and recipient governments embarked upon a new aid paradigm. The most important elements include increased selectivity in the aid allocation, more ownership of recipient...

by | On 11 Jan 2016

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

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

by | On 11 Jan 2016

Absorbing Innovative Financial Flows: Looking at Asia

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

by | On 11 Jan 2016

Redistributive Policies for Sustainable Development: Looking at the Role of Assets and Equity

Analyses of redistributive policies often focus on income flows to examine the nexus between redistribution and economic growth. With strengthening signs of growing economic inequality in many countri...

by | On 11 Jan 2016

The Least Developed Countries Report, 2004

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

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

The Least Developed Countries Report, 2011

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

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

Modi’s Foreign Policy: Focus on the Diaspora

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

by C. Raja Mohan | On 09 Jan 2016

Food Insecurity, Conflict and Livelihood Threats in Nepal

This chapter examines the food security situation in Nepal and the impact of the recent armed conflict on the food security situation. It argues that food security is understood in different ways and...

by Bishnu Upreti | On 07 Jan 2016

How Low-Carbon Green Growth Can Reduce Inequalities

Half of the world’s population — 3 billion people — lives below the poverty line, and Asia has the largest share. In pursuit of sustainable economic development and poverty alleviation, there is great...

by Anbumozhi Venkatachalam | On 07 Jan 2016

The Single Best Health Policy in the World: Tobacco Taxes

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

by | On 06 Jan 2016

Estimates of Urban Infrastructure Financing Requirements in India 2006-2031

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

by Shubhagato Dasgupta | On 05 Jan 2016

Habitat III Issue Papers : 22 – Informal Settlements

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

by | On 05 Jan 2016

Plan vs. Performance: Winter Session 2015

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

by Kusum Malik | On 05 Jan 2016

Summary of Indonesia's Education Sector Assessment

The Indonesian school system is one of the largest and most diverse in the world, with more than 50 million students, 4 million teachers and more than 250,000 schools. Over the past 15 years, the gove...

by Norman LaRocque | On 01 Jan 2016

Financial Literacy for Increasing Sustainable Access to Finance in Nepal

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

by | On 01 Jan 2016

Local Funds and Political Competition: Evidence from the National Rural Employment Guarantee Scheme in India

This paper examines how local politics affects public fund allocations. It uses the context of the National Rural Employment Guarantee Scheme in India which was introduced by the Indian National Congr...

by Abhiroop Mukhopadhyay | On 01 Jan 2016

Is Fiscal Decentralization Conflict Abating? Routine Violence and District Level Government in Java, Indonesia

Utilising a newly created data set we examine the relationship between routine/everyday violence and fiscal decentralization in 98 districts of the Indonesian island of Java. By examining possible rel...

by Mohammad Tadjoeddin | On 30 Dec 2015

Illegal Immigration and the Shadow Economy

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

by Carmen Camacho | On 29 Dec 2015

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

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

by Farhad Taghizadeh-Hesary | On 29 Dec 2015

Do Labour Market Institutions Matter in Transition Economies? An Analysis of Labour Market Flexibility in the Late Nineties

The objectives of this paper are to develop initiatives on how to measure the flexibility of the labour markets of transition countries and shed some light on the ongoing debate on the role of labour...

by | On 29 Dec 2015

Self-Employment amongst Migrant Groups in England and Wales: New Evidence from Census Microdata

Self-employment constitutes a vital part of the economy since entrepreneurs can provide not only employment for themselves but also for others. The link between self-employment and immigration is, how...

by Ken Clark | On 29 Dec 2015

Public Debt Sustainability in Developing Asia: An Update

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

by Benno Ferrarini | On 29 Dec 2015

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

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

by Farhad Hesary | On 29 Dec 2015

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

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

by UN Women | On 28 Dec 2015

Vital Stats: Functioning of Parliament in Winter Session 2015

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

by Kusum Malik | On 26 Dec 2015

Financial Inclusion, Regulation, and Education in Sri Lanka

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

by Saman Kelegama | On 23 Dec 2015

The ‘Missing Women’ in India

Twenty-five years ago Nobel Laureate Amartya Sen used the concept of ‘missing women’ to highlight the gender bias in mortality that results in a huge deficit of women in substantial parts of Asia and...

by Riaz Hassan | On 23 Dec 2015

Asymmetric Influence in Global Banking Regulation

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

by Roman Goldbach | On 23 Dec 2015

Fiscal Decentralization And Tax Incentives In The Developing world

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

by Quan Li | On 23 Dec 2015

Mobile Financial Services in Bangladesh: An Overview of Market Development

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

by Bangladesh Bank | On 22 Dec 2015

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

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

by | On 22 Dec 2015

Disability, Health and Human Rights

This paper addresses the issue of disability and its public health implications within the human rights framework. It also throws light on people with physical disabilities at least get noticed but th...

by Leni Chaudhari | On 21 Dec 2015

Transitions to K-12 Education Systems Experiences from Five Case Countries

Preparing and implementing a K–12 transition absorbs considerable financial and human resources. It follows that the reasons for restructuring must be compelling. It follows that the reasons for restr...

by | On 21 Dec 2015

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

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

by Amit Chandra | On 21 Dec 2015

Doing Business Differently with Subnationals: Recommendations for Global Health Donors in Highly Decentralized Countries

This note builds on lessons learned from the Center for Global Development’s work on intergovernmental fiscal transfers for health and lays out three strategies for donors that fund organizations and...

by Amanda Glassman | On 21 Dec 2015

The High and Low Politics of Trade

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

by | On 21 Dec 2015

Basic Entrepreneurship: A Big New Idea in Development

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

by Oriana Bandiera | On 18 Dec 2015

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

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

by Smitha Francis | On 18 Dec 2015

External Sector Openness Management: The Bangladesh Experience

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

by Abdul Wahab | On 18 Dec 2015

Meta-Study of Literature on Budget Private Schools in India

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

by Centre for Civil Society CCS | On 18 Dec 2015

Rethinking India’s Climate Policy and the Global Negotiations

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

by D Raghunandan | On 17 Dec 2015

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

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

by David Bloom | On 17 Dec 2015

Why Minimum Wage Increases Are a Poor Way to Help the Working Poor

Minimum wage increases are not a very effective mechanism for reducing poverty. They are not related to decreases in poverty rates. They can cost some low-income workers their jobs. And most minimum w...

by Richard Burkhauser | On 16 Dec 2015

Will Changes to the international Tax System Benefit Low- income Countries?

In recent months tax has climbed up the political agenda in ways that would have been unthinkable only a couple of years ago. Creating a fairer international tax system was a central ambition of both...

by Mick Moore | On 16 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

Building Tax Capacity in Developing Countries

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

by Mick Moore | On 16 Dec 2015

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

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

by Martha Chen | On 16 Dec 2015

Determinants of Unemployment Flows,LabourMarket Institutions and Macroeconomic Policies

The paper makes use of newly developped information on unemployment dynamics. On the basis of a matching model of the labour market the paper analyses the economic, institutional and policy determinan...

by Ekkehard Ernst | On 16 Dec 2015

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

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

by Ellen Ehmke | On 16 Dec 2015

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

This paper attempts to identify the factors that determine access to credit for financing capital expenditures across selected developed, less developed and middle performing states in India. Using a...

by Meenakshi Rajeev | On 16 Dec 2015

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

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

by Owen Barder | On 11 Dec 2015

Budget for Children in Meghalaya 2015-16

Budgets are the most solid expression of a government’s priorities, performances, decisions and intentions both at the national as well as the level of the states. This budget for children (BfC) in Me...

by HAQ Centre for Child Rights HAQCRC | On 08 Dec 2015

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

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

by Prachee Mishra | On 04 Dec 2015

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

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

by Kusum Malik | On 25 Nov 2015

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

Key Indicators of Social Consumption in India: Education

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

by National Sample Survey Office NSSO | On 17 Nov 2015

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

The Tax Puzzle

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

by T.N. Ninan | On 13 Nov 2015

Now Focus on the Economy

What the government should is to concentrate on economic issues with diversionary issues being put back in the cupboard.

by T.N. Ninan | On 07 Nov 2015

Performance of Targeted Public Distribution System in Kerala

Targeted Public Distribution System was introduced in the country following the failure of the Universal PDS to serve below the poverty line and poorest of the poor households.It is being implemente...

by T Jayan | On 04 Nov 2015

Meta - Study of Literature on Budget Private Schools in India

Despite lack of infrastructure and facilities, studies over the past decade has shown that learning outcomes in these schools are equal to or better than those of far more resourcefu...

by Centre for Civil Society CCS | On 29 Oct 2015

Mr Modi and Mrs Gandhi

Narendra Modi is the first PM after Indira Gandhi with the power and possibly the intention to change the Indian system.

by T.N. Ninan | On 16 Oct 2015

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

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

by Asian Development Bank Institute | On 16 Oct 2015

The Influence of Industry Financial Composition on the Exports from Pakistan

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

by Aadil Nakhoda | On 16 Oct 2015

Natural Interest Rate: Assessing the Stance of India’s Monetary Policy under Uncertainty

Using a theoretical framework that combines the essence of Ramsay’s growth model and the New-Keynesian macrodynamics, and applying the Kalman filter estimation technique, this paper finds that Indi...

by Harendra Behera | On 16 Oct 2015

Inequality: Trends, Harms and New Agendas

The paper focuses on within-country inequalities. It discusses in particular how the consequences of inequality are shaped by specific mechanisms that operate at the national, community and individual...

by | On 13 Oct 2015

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

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

by Philip Mader | On 06 Oct 2015

Now for the Reality Play

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

by T.N. Ninan | On 02 Oct 2015

Public Good Provision in Indian Rural Areas: The Returns to Collective Action by Microfinance Groups

Self-help groups (SHGs) are the most common form of microfinance in India. The authors provide evidence that SHGs, composed of women only, undertake collective actions for the provision of public good...

by | On 01 Oct 2015

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

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

by Indrani Gupta | On 30 Sep 2015

Safe Cities and Gender Budgeting

Women in the communities make efforts to seek allocation under appropriate budget heads to identify streams of revenue, available revenue and the required expenditure. Town planners, policy makers and...

by Vibhuti Patel | On 28 Sep 2015

Surviving in Bihar

Can election change the condition of Bihar? At least improving the transport facilities....

by T.N. Ninan | On 26 Sep 2015

Housing Finance Mechanisms in India

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

by UN-HABITAT | On 25 Sep 2015

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

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

by UN-HABITAT | On 25 Sep 2015

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

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

by Sacchidananda Mukherjee | On 24 Sep 2015

Building Tax Capacity in Developing Countries

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

by | On 22 Sep 2015

Education for All 2000-2015: Achievements and Challenges

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

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

Seventh, after Seven

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

by T.N. Ninan | On 19 Sep 2015

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

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

by | On 14 Sep 2015

Making the Indian Budget: How Open and Participatory?

Open and participatory budget making is imperative for good governance; yet by international standards India fares badly on this count. This article analyses the process of budget preparation and...

by Vinod Bhanu | On 11 Sep 2015

Civil Society Briefs: Sri Lanka

This brief provides an overview of civil society in Sri Lanka. With a view to strengthening ADB cooperation with civil society organizations, the NGO and Civil Society Center periodically prepares rep...

by Asian Development Bank Institute | On 07 Sep 2015

Financial Inclusion in Asia: An Overview

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

by | On 07 Sep 2015

Efficacy of New Monetary Framework and Determining Inflation in India: An Empirical Analysis of Financially Deregulated Regime

Against the backdrop of the new monetary policy framework, this paper analyses the determinants of inflation in the deregulated financial regime. The paper upfront has been kept free from adherence to...

by Lekha Chakraborty | On 25 Aug 2015

Strong Sustainable Growth for the Indian Economy

How is the RBI helping the government to create the conditions for a sustainable growth? Structural reforms will help strengthen this growth – two weeks ago, the Government announced Indradhanush, la...

by Raghuram G. Rajan | On 25 Aug 2015

Case Studies of Policy Coherence Initiatives in Developing Asia

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

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

The Public Education System and What the Costs Imply

There are basic methodological and conceptual problems with recent research that ends up arguing that private school education is more effective than public education. Such findings have obvious polic...

by | On 17 Aug 2015

Don’t Target the Media

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

by T.N. Ninan | On 15 Aug 2015

Public Debt Management in India and Related Issues

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

by Lakshmanan L | On 13 Aug 2015

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

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

by Gopinath Reddy | On 13 Aug 2015

Long-Run Trends in the Distribution of Income and Wealth

This paper reviews the long run developments in the distribution of personal income and wealth. It also discusses suggested explanations for the observed patterns. It tries to answer questions such as...

by | On 30 Jul 2015

India: Trade in Healthcare Services

During the last two decades international trade in healthcare services has expanded under the GATS. Increasingly it has acquired new dimensions with application of advanced information and communicati...

by T.P. Bhat | On 23 Jul 2015

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

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

by United Nations Development Programme UNDP | On 20 Jul 2015

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

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

by | On 08 Jul 2015

Disabled Definitions, Impaired Policies: Reflections on Limits of Dominant Concepts of Disability

Disability is a complex category as it is understood and interpreted in very different ways. While disability has been defined primarily in terms of medical deficit, socio-cultural constructions give...

by Nandini Ghosh | On 06 Jul 2015

A Financial Slave State

Greece is in huge financial trouble. Greece is paying the price for past follies like fictitious national accounts, unsustainable pension programmes, non-existent tax revenues and (the biggest mistake...

by T.N. Ninan | On 04 Jul 2015

Financial Education in Asia: Assessment and Recommendations

This paper assesses the case for promoting financial education in Asia. It argues that the benefits of investing in financial education can be substantial. Data are limited, but indicate low financial...

by | On 29 Jun 2015

Wrong Target for Benign Neglect

The school education system needs a desperate overhaul. The human resource development minister in New Delhi be focusing on it too, in the middle of her other pressing concerns.

by T.N. Ninan | On 27 Jun 2015

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

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

by Dasho Kinzang Dorji | On 26 Jun 2015

Reprioritizing Government Spending on Health: Pushing an Elephant up the Stairs?

Countries vary widely with respect to the share of government spending on health, a metric that can serve as a proxy for the extent to which health is prioritized by governments. World Health Organiza...

by Ajay Tandon | On 25 Jun 2015

Minimising Selection Failure and Measuring Tax Gap: An Empirical Model

This paper presents an empirical model for minimising selection failure by tax departments in selecting cases for scrutiny assessment. This model also provides a new methodology for estimating tax gap...

by Sudhanshu Kumar | On 23 Jun 2015

How Empowered is Microfinance in Empowering Women ? Evidence from India

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

by | On 19 Jun 2015

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

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

by Ministry of Finance Bangladesh | On 18 Jun 2015

Medium-Term Budgetary Framework (MTBF) of Bangladesh Election Commission

The statement aims to stand firmly as an independent institution and to conduct every election honestly, fairly and transparency and in accordance with the Constitution and laws of the country. The st...

by Ministry of Finance Bangladesh | On 18 Jun 2015

Medium-Term Budgetary Framework (MTBF) of Bangladesh Cabinet Division 2011-12

Statement aims to establish good governance by coordinating activities of different ministries & divisions and supervising activities of field administration in pursuing government policy and strategy...

by Ministry of Finance Bangladesh | On 17 Jun 2015

Medium-Term Budgetary Framework (MTBF) of Prime Minister’s Office 2011-12

The statement aims to build a knowledge-based and digital Bangladesh and to advance the socio-economic conditions of all sections of the nation, through the establishment of good governance in the all...

by Ministry of Finance Bangladesh | On 17 Jun 2015

Bangladesh Monthly Report on Fiscal Position

The data generated by the Budgeting Information System has been used to prepare this report which put forward the following major findings- Up to April FY11, 80.2% of the Revenue target of the budget...

by Ministry of Finance Bangladesh | On 17 Jun 2015

Medium Term Budget Framework: Pre Budget Document 1390-1392

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

by Ministry of Finance Afghanistan | On 16 Jun 2015

Afghanistan Quarterly Fiscal Bulletin, 1390

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

by Ministry of Finance Afghanistan | On 16 Jun 2015

Islamic Republic of Afghanistan 1390 National Budget Statement Draft

The national budget is the primary tool for implementing the priorities and policies of the government as a whole. The 1390 budget maintains the Government’s major budgetary objective of allocating fi...

by Ministry of Finance Afghanistan | On 15 Jun 2015

Mid-Year Review of the Indian Economy 2014-15

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

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

Monetary Policy and Informal Finance

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

by Saibal Ghosh | On 15 Jun 2015

Bangladesh Budget 2010-11: Budget Speech

Budgetary speech presents an outline of the the Budget Implementation Progress report for FY 2010-11. The speech discuss briefly budget framework of bangladesh government and also analyse macroeconomi...

by Ministry of Finance Bangladesh | On 12 Jun 2015

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

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

by | On 12 Jun 2015

Islamic Republic of Afghanistan 1390 Citizens Budget

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

by Ministry of Finance Afghanistan | On 11 Jun 2015

Citizens’ Guide to the 1390 National Budget

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

by Ministry of Finance Afghanistan | On 11 Jun 2015

Test open Budget

Open budget documents

by test Auth11055 fgdfgdx | On 10 Jun 2015

Financing Healthcare for All in India: Towards a Common Goal

India continues to have among the lowest public health budgets in the world at just over 1% of Gross Domestic Product (GDP) and it gets reflected in the performance of the public healthcare delivery s...

by Oommen C. Kurian | On 08 Jun 2015

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

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

by Asian Development Bank Institute | On 04 Jun 2015

Fourteenth Finance Commission: Continuity, Change and Way Forward

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

by | On 03 Jun 2015

Second Bi-monthly Monetary Policy Statement, 2015-16

On the basis of an assessment of the current and evolving macroeconomic situation the statement suggest that the global recovery is still slow and getting increasingly differentiated across regions.

by Raghuram G. Rajan | On 03 Jun 2015

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

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

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

Report of the Sixty-Seventh World Health Assembly on Financing of Administrative and Management Costs

An external review, commissioned by the Programme, Budget and Administration Committee of the Executive Board, was prepared in May 2013, providing detailed analysis of WHO’s administrative and managem...

by World Health Organisation (WHO) | On 26 May 2015

Report of the Sixty-Seventh World Health Assembly on Strategic Resource Allocation

At the Sixty-sixth World Health Assembly in May 2013, Member States requested the Director-General to propose, for consideration by the Sixty-seventh World Health Assembly, in consultation with Member...

by World Health Organisation (WHO) | On 26 May 2015

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

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

by Planning Commission | On 21 May 2015

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

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

by Ministry of Finance | On 19 May 2015

GST Reforms and Intergovernmental Considerations in India

This paper reviews the replacement of the state sales taxes by the Value Added Tax in 2005 marked a significant step forward in the reform of domestic trade taxes in India. Implemented under the leade...

by | On 19 May 2015

IMI- Konnect, Volume 4, Issue 4

The April 2015 issue of IMI Konnect contains the following articles - “A Grand Design”, by Rajat Kathuria; “Budget 2015-16 and India's “Vishva Guru”; Dream”, by Vighneswara Swamy; “Micro Vs Macro Impa...

by IMI Konnect | On 08 May 2015

Demands for Grants 2015-16 (Demand No. 48) of the Department of Health and Family Welfare

The National Health Policy framed from time to time provides the framework for the implementation of policies and programmes for health care. The Eleventh Five Year Plan had focused on the poor and th...

by Ministry of Health and Family Welfare H & FW | On 28 Apr 2015

Infrastructure Gap in South Asia: Infrastructure Needs, Prioritization, and Financing

If the South Asia region hopes to meet its development goals and not risk slowing down or even halting growth, poverty alleviation, and shared prosperity, it is essential to make closing its huge infr...

by World Bank | On 27 Apr 2015

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

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

by | On 13 Apr 2015

Economic Survey of Maharashtra 2014-15

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

by Government of Maharashtra | On 09 Apr 2015

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

Are Current Tax and Spending Regimes Sustainable in Developing Asia?

This study projects government spending on education, health care, and social protection in developing Asia up to 2050 as a result of demographic changes and economic growth.

by Sang-Hyop Lee | On 06 Apr 2015

State Effectiveness, Growth, and Development

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

by | On 01 Apr 2015

Two Decades of Indian Microfinance: Trajectory and Transformation

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

by | On 31 Mar 2015

Banker-Borrower Interplay: Synergies and Challenges

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

by S.S. Mundra | On 27 Mar 2015

The Poor Get Left Behind

The Union Budget is a political statement of the current Government’s aims, with considerable sops being given to corporations. The redistribution of funds from essential schemes to others suggests th...

by | On 26 Mar 2015

Fiscal Federalism: Opportunities and Challenges for Nepal

There has been a furious debate by political parties and intellectuals alike in Nepal on making the transition to federal system of governance. The attempt to evolve a federal constitution has stumble...

by | On 26 Mar 2015

Outcome Budget 2015-2016

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

by Ministry of Finance | On 26 Mar 2015

Walk the talk on carbon tax, Mr Finance Minister

Budget 2015, presented by Finance Minister Arun Jaitley, has a first. In it, India has accepted that it has a de-facto carbon tax—on petroleum products and dirty coal. Arguably, the only big green ini...

by Sunita Narain | On 25 Mar 2015

Budget for Children in India 2008-09 to 2013-14: A Summary

Budget for children is not a separate budget. It is merely an attempt to disaggregate from the overall allocations made, those made specifically for programmes that benefit children. This enables us t...

by HAQ Centre for Child Rights HAQCRC | On 24 Mar 2015

Assam Child Budget 2014-15

The State budget had focused the receipt and expenditure under the Consolidated Fund of the Government with dissemination of allocation under different development sectors. The fund flow towards child...

by | On 24 Mar 2015

Budget (2015-16) Speech of Haryana Finance Minister

Budget speech of Haryana Finance Minister

by Capt. Abhimanyu | On 24 Mar 2015

Budget Speech of Maharashtra Part II

Speech by Finance Minister of Maharashtra.

by Sudhir Mungamtiwar | On 23 Mar 2015

Budget Speech of Maharashtra Part I 2015-16

Speech of Finance Minister of Maharashtra

by | On 23 Mar 2015

Women in Indian Labour Market What Are the Emerging Options?

If women in the unpaid domestic employment categories were to be provided even part-time regular work, they would immensely contribute to the GDP. It is important to generate creative partnerships be...

by Bino Paul G.D | On 15 Mar 2015

Kerala Budget 2015-16

Budget speech of Kerala Finance Minister K M Mani.

by K.M. Mani | On 13 Mar 2015

Breaking New Frontiers for Gender Responsive Budgeting: the Kerala Model

Kerala is chartering a new course and addressing some of the long standing gaps that have existed in Gender Responsive Budgeting work in several countries. Although the state has initiated the process...

by Yamini Mishra | On 13 Mar 2015

Finance Commission of India’s Assessments: A Political Economy Contention between Expectations and Outcomes

The objective of this study is to examine the structural basis on which Finance Commissions make their awards rather than examining the predictability of the forecasts. The story of Finance Commission...

by | On 12 Mar 2015

Budget Brief 2015-16 Gujarat State

It is the budget brief of Gujarat state for the year 2015-16.

by Saurabh Patel | On 11 Mar 2015

The Fiscal and Welfare Impacts of Reforming Fuel Subsidies in India

This paper evaluates the fiscal and welfare implications of fuel subsidy reform in India. Fuel subsidies are found to be badly targeted, with the richest ten percent of households receiving seven time...

by | On 11 Mar 2015

Women in Indian Labour Market - Emerging Options

Expanding women’s access to the labour market and enhancing their employability, apart from all its other impact, contributes to the GDP substantially. It is important to generate creative partnership...

by G.D Bino Paul | On 10 Mar 2015

Union Budget 2015-16 through Gender Lens

Union Budget 2015-16 fails to provide for the needs of the women in the country, with budgetary allocation for most women’s development schemes facing a steep reduction. This article reviews the budge...

by Vibhuti Patel | On 09 Mar 2015

Budget for the Rich to get Richer and throw Crumbs to the Poor

A substantial part of the 2015 Budget Statement is interspersed with the promise that ‘every rupee of public expenditure…will contribute to the betterment of people’s lives through job creation, pover...

by Gautam Mody | On 03 Mar 2015

Of Bold Strokes and Fine Prints - An Analysis of Union Budget 2015-16

This publication highlights a range of pertinent issues primarily focusing on social sectors (such as education, health, drinking water and sanitation, food security etc.) and the responsiveness of th...

by Centre for Budget and Governance Accountability | On 02 Mar 2015

Union Budget 2015-16: Shocking Neglect of Health Care

The budget proposals are premised on the assumption that health care is an individual’s responsibiity. The government appears to be rapidly shedding its responsibilities to provide accessible health...

by Ravi Duggal | On 01 Mar 2015

Economic Survey 2014-15: Volume I

A flagship annual document of the Ministry of Finance, Government of India, Economic Survey 2014–15 reviews the developments in the Indian economy over the previous 12 months, summarizes the performan...

by Ministry of Finance | On 28 Feb 2015

Budget Speech 2015-16

Budget speech of Finance Minister

by Arun Jaitley | On 28 Feb 2015

India's Union Budget: Changing Scope and the Evolving Content

The paper reflects on the changing scope of the Union Budget and the Finance Minister’s speech and assesses the evolving content of these policy instruments in recent years. The analysis undertaken is...

by | On 27 Feb 2015

Highlights of the Railway Budget 2015-16

Railway Budget also referred as Rail Budget is the Annual Financial Statement of the state-owned Indian Railways, which handles rail transport in India. It is presented every year by the Minister of R...

by | On 26 Feb 2015

Recognising Gender Biases, Rethinking Budgets

Gender Budgeting highlights that a government policy or intervention, if formulated and implemented without any attention to the gender-based disadvantages confronting women, might even end up reinfor...

by Pooja Parvati | On 26 Feb 2015

Small Farming Needs a Budget Boost

The asks of the Agriculture sector are many but what all must the budget focus on? A National Convention on Budget 2015-16 by the Centre for Budget and Governance Accountability looks at these.

by Centre for Budget and Governance Accountability | On 26 Feb 2015

Climate Change: Slow It Down or Deal With It?

Climate change is for real and there are two responses – mitigation or adaptation. What does the Union Budget need to do about climate change adaptation?

by Centre for Budget and Governance Accountability | On 26 Feb 2015

Budget 'Asks' for Food and Nutrition Security

With the budget round the corner what are the asks from the standpoint of food sovereignty? A Convention on Budget 2015-16 by the Centre for Budget and Governance Accountability looks at these.

by Centre for Budget and Governance Accountability | On 26 Feb 2015

Indian Railway Budget Speech 2015-16

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

by Suresh Prabhakar Prabhu | On 26 Feb 2015

Gujarat Budget Speech: 2015-16

Gujarat Budget 2015-16.

by Saurabh Patel | On 26 Feb 2015

The Land Acquisition Ordinance

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

by Maitreesh Ghatak | On 25 Feb 2015

Hunger, Undernutrition and Food Security in India

In spite of an increase in the number of government schemes to address the problem of undernutrition, the situation has improved only marginally. A number of factors such as spaces, ethnicities, incom...

by Rudra Narayan Mishra | On 25 Feb 2015

Politics, Paisa or Priorities: Where Would Children Fit into the 2015-16 Union Budget?

It is a well-known fact that children are not getting much attention in the Union Budgets. There are some schemes by the government for children. Many of them are not properly implemented or lack fund...

by Bharti Ali | On 25 Feb 2015

Road Infrastructure: Issues in Financing

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

by Sudakshina Gupta | On 25 Feb 2015

Economic Policy for Revival of Mining

There is a need for public policy revival in mining sector as its contribution to GDP is declining. India has coal reserves but it is one of the highest importers of coal in the world. There is a need...

by Lekha Chakraborty | On 24 Feb 2015

Cleanliness and Sanitation: Underlying Constraints in India

Open defecation and improper garbage disposal are a reality of public spaces in India, not just due to poverty or a lack of initiative on the government, but social acceptance of attitudes which disr...

by Poorva Awasthi | On 24 Feb 2015

Report of the Fourteenth Finance Commission

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

by Finance Commission | On 24 Feb 2015

Working Group Report for XII PLAN - Railway Sector

Planning Commission’s Approach Paper to the Twelfth Plan lays down the objective for the Twelfth Plan as faster, more inclusive and sustainable growth. Unsettled global economy, volatile commodity pri...

by Planning Commission | On 24 Feb 2015

Trends in India’s Education Budgeting

The Union education budget has seen an increase in monetary allocation every year and the enrolment rate across the country has also been largely moving upwards. It becomes important to scrutinise the...

by | On 24 Feb 2015

President Pranab Mukherjee's Opening Speech in Parliament on Budget Session

Indian President Pranab Mukherjee said at the opening of the budget session of Parliament on Monday that the government was committed to developing India in a way that lifts up everyone in the country...

by Pranab Mukherjee | On 23 Feb 2015

Parliament Session Alert-Budget Session: February 23 – May 08, 2015

Lok Sabha and Rajya Sabha will meet for the Budget Session between 23rd February and 8th May, 2015. There will be a recess between 21st March and 19th April when the Standing Committees will examine D...

by Kusum Malik | On 23 Feb 2015

Cracks in Budgetary Policies towards the Social Sectors

The union budget for 2014-15 offers few changes in terms of policy priorities from the United Progressive Alliance government interim budget for 2014-15, and it fails to recognise the cracks in the co...

by Subrat Das | On 20 Feb 2015

Budget Transparency and Participation: Recommendations to the Fourteenth Finance Commission

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

by Ravi Duggal | On 20 Feb 2015

Public Spending Towards Harnessing Renewable Energy in India

The energy sector unquestionably constitutes one of the major driving forces of Indian economy. Ever since the 12th Plan has projected the growth rate of 8-9 per cent per annum for the economy for the...

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

Policy Asks and Expectations from Union Budget 2015-16

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

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

Budgeting for Improved Nutritional Status of Tribal Children through the Tribal Sub Plan Strategy

Nutritional deprivation is the highest among tribal children in india. However, fiscal policy strategy to improve nutritional status for this section of the population depends a lot on the implementat...

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

Social Exclusion in the Context of Swachh Bharat Abhiyan

Access to water and sanitation are strongly influenced by identities of caste, class and gender. The launch of the Swachh Bharat Abhiyan presents an opportunity to address some concerns pertaining to...

by Kanika Kaul | On 19 Feb 2015

Pre-Budget Memorandum 2015-16

This document provides an overview the current state of the Indian economy; lists the issues related to investment and finance for various Indian industries; finally makes a list of suggestions for th...

by Federation of Indian Chambers of Commerce and Industry | On 19 Feb 2015

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

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

by Ministry of Finance | On 19 Feb 2015

Has the Tide Turned? : Response to Union Budget 2014-15

Union Budget 2014-15 is the first budget of the new government at the Centre. Some of the complex issues like price rise and corruption were central to the General Elections held in early 2014; hence...

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

Budget Track - Issues before the 14th Finance Commission

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

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

Budget 2015-16: Expectations

Government of India (GoI) will present its Budget for 2015-16 on February 28, 2015. After the new Government was sworn in during May 2014, it had a short period of six weeks before presenting the Revi...

by Aditi Nayar | On 19 Feb 2015

Policy Framework for Finance SEZs

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

by Ministry of Finance | On 19 Feb 2015

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

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

by International Labour Organisation ILO | On 18 Feb 2015

Sarva Shiksha Abhiyan, GOI 2014-15

This brief uses government reported data to analyse Sarva Shiksha Abhiyan (SSA) performance.

by Accountability Initiative | On 18 Feb 2015

The Paradox of Gender Responsive Budgeting

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

by | On 17 Feb 2015

Guidelines for Preparation of Outcome Budget 2015-2016

Outcome Budgets have become an integral part of the budgeting process since 2005-06. Outcome Budget 2015-16 will broadly indicate the physical dimensions of the financial budgets as also the actual ph...

by Ministry of Finance GOI | On 17 Feb 2015

Outcome Budget 2014-2015

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

by | On 17 Feb 2015

Economic Survey 2013–14

A flagship annual document of the Ministry of Finance, Government of India, Economic Survey 2013–14 reviews the developments in the Indian economy over the previous 12 months, summarizes the performan...

by Government of India GOI | On 16 Feb 2015

Key Features of Budget 2014-15

This document highlights the key features of Budget 2014-15. It also shows the current economic situations and challenges that India is facing

by Government of India GOI | On 16 Feb 2015

Financing for Infrastructure Investment in G-20 Countries.

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

by Ramprasad Sengupta | On 11 Feb 2015

Indian Public Finance Statistics 2013-14

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

by Ministry of Finance | On 10 Feb 2015

Determinants of Regional Patterns of Manufacturing Exports: Indian Firms since the Mid-1990s

A preliminary analysis of the spatial determinants of firms’ export activities by Indian states has been undertaken in this study. Thus, the present study attempts to fill the gap by focusing on issue...

by Jaya Prakash Pradhan | On 06 Feb 2015

Parliament’s Role in Financial Oversight

This note presents an analysis of Parliament’s role of financial oversight and examines how to strengthen it. It highlights gaps and solutions to improve the existing structures affecting budgetary an...

by Apoorva Shankar | On 30 Jan 2015

Addressing Inequality in Southeast Asia through Regional Economic Integration

The paper mainly discusses the issues and policies relating to inequality in Southeast Asia. Policies to reduce inequality include more efficient fiscal policies, improve infrastructure and generating...

by Josef Yap | On 29 Jan 2015

Redistributive Policies for Sustainable Development: Looking at the Role of Assets and Equity

The paper distinguishes between the stock of income generating assets such as human capital and wealth and deriving income flows in order to clarify the differences between growth-equity trade off deb...

by Pierre Kohler | On 28 Jan 2015

National Health Policy 2015 Draft

This National Health Policy addresses the urgent need to improve the performance of health systems. It is being formulated at the last year of the Millennium Declaration and its Goals, in the global c...

by Ministry of Health and Family Welfare H & FW | On 15 Jan 2015

Designing Policies in the Presence of Hawala Markets

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

by R.Kavita Rao | On 13 Jan 2015

Participation in Decision Making

This is the 5th chapter from the report 'Women and Men in India 2014' by CSO. This is shows the participation of women in India.

by Central Statistical Organization CSO | On 05 Nov 2014

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

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

by Geethanjali Nataraj | On 16 Oct 2014

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

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

by Maria Platt | On 24 Sep 2014

Political Economy of Transition from Manmohanomics to Modinomics

The inaugural budget of the NDA led government has been a cause of some surprise and disappointment amongst those who were eagerly expecting a new radical dose of neo-liberal reforms. It appeared that...

by Surajit Mazumdar | On 22 Sep 2014

Worker’s Rights and Practices in the Contemporary Scenario: An Overview

This book offers a careful summary of the rights and practices of work in the Indian labour market. In specific, it deals with rights deficiency of workers in different sectors especially on agricultu...

by V.V. Giri Labour Institute | On 19 Sep 2014

Vital Stats: Participation of Lok Sabha MPs in Budget Session 2014

Statistics of participation of MPs in budget session 2014 is shown here.

by Mandira Kala | On 10 Sep 2014

ICT policy 2014 - Information & Communication Technology Policy

The Government of Odisha has striven to make Odisha the preferred IT destination for IT / ITES / ESDM companies by providing a congenial business environment, an investor friendly policy framework wit...

by Government of Odisha | On 09 Sep 2014

Food Stamps: A Model for India

About 4.5 lakh fair price shops in India sell 10-20 lakh tons of rice and wheat at the subsidized rate per month. Majority of the ration shops are in urban areas, they are hardly ever open and only a...

by Parth Shah | On 27 Aug 2014

Real Estate and Hosing-A Sensitive Sector or Samvriddhi Sector ?

The speech shows the investment government has done for the housing and real estate sector. There are recommendations on how the sector can be improved.

by R. Gandhi | On 22 Aug 2014

A BRIC Development Bank: A Dream Coming True?

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

by Stephany Jones | On 21 Aug 2014

Doing more than Lip-service to the Backward Sections

The Scheduled Castes form 16 percent of the population yet their issues have largely remained silent. It’s high time to bring into line the discord between election commitments and budgetary allocatio...

by P.S Krishnan | On 19 Aug 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

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

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

by Somen Saha | On 11 Aug 2014

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

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

by Surajit Mazumdar | On 07 Aug 2014

Budget 2014-15: The Continuing Neglect of the 'Rural'

The Union Budget remains significant for the agricultural sector in the country for at least the following two reasons. First, the budget comes in the background of an agrarian crisis in the country,...

by Arindam Banerjee | On 04 Aug 2014

A Study of Policies Related to Science Education for Diversity in India

This paper presents the findings of a study concerning educational policies related to science education and diversity in India which is a geographically and socio-politically diverse country. If the...

by Sugra Chunawala | On 28 Jul 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

Power and Resistance: Silence and Secrecy in Avatar - The Last Airbender

In the American animated television series, Avatar: The Last Airbender (ATLA), a visually Asian-influenced world of humans, animals and spirits plays out a history of violence, trauma and resistance....

by Gayatri Viswanath | On 24 Jul 2014

Expert Opinions on the Budget 2014: Analyzing for Rural India

A group of economists presented their views on what the Union Budget 2014-15 offered for India's agricultural sector and farmers, during a conference entitled Analyzing the Budget 2014 for Rural India...

by Shambhu Ghatak | On 23 Jul 2014

Union Budget 2014: New Government, Same Ol'Budget

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

by Ravi Duggal | On 23 Jul 2014

Union Budget 2014: Marginal Realignment of Tactics to Strategy

The article examines the restructuring of expenditure in the first budget of the new government, and its feasibility. It compares the increase in budget allocations for key macroeconomic aggregates a...

by Ashima Goyal | On 21 Jul 2014

Modified Budget Rajasthan: 2014-15

Budget speech by chief minister Vasundhara Raje

by Vasundhara Raje | On 21 Jul 2014

What is in Store for Women in Union Budget 2014-15?

Union budget 2014-15 offers up old and new schemes but fails to address macro-economic and social causes of exploitation and subordination of women.

by Vibhuti Patel | On 18 Jul 2014

No Shortage of Money

The new government wants to increase investment in various sectors. The government has funds but the Finance Minister has said about lack of funds in the Budget. Public private partnerships (PPPs) can...

by T.N. Ninan | On 17 Jul 2014

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

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

by HAQ Centre for Child Rights HAQCRC | On 17 Jul 2014

Horizontal Devolution of States in India-Suggestions Before the Fourteenth Finance Commission

The focus of the paper is to suggest an alternate methodology for horizontal devolution from divisible pool of Central taxes and disbursement of grants. Tax devolution criteria suggested are populat...

by R. Mohan | On 16 Jul 2014

Union Budget 2014 - Education, Employment and Skill Building

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

by Nandini Bhattacharya | On 16 Jul 2014

Vital Stats: Union Budget 2014-15

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

by Saumya Vaishnava | On 16 Jul 2014

Union Budget 2014: Budgetary Resources for Public Goods

India’s health policy has focused on primary health centers and hospitals. The numbers of hospital beds, doctors, and nurses per 1000 persons have often been treated less as inputs and more as measure...

by Aarti Salve | On 14 Jul 2014

Gender Equality Must Become A Lived Reality: Gender Budgeting, Our First Step Towards It

The term gender budgeting has become a catch phrase to describe various government initiatives that seek to address gender issues in the domain of public expenditure and policy. In India, the strategi...

by Rituparna Dutta | On 14 Jul 2014

Employment Stagnancy in India: Policy Plus Monetary reform

The Indian economy is witnessing a dichotomous trend- an increasing share of employment in industry with decline in Value Added to output. When compared to other Asian economies, we’re adding workers...

by Aritra Chakrabarty | On 10 Jul 2014

State of the Economy: Economic Survey Report

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

by Planning Commission | On 10 Jul 2014

Budget Speech 2014-15

Budget Speech 2014-15 by Arun Jaitley.

by Arun Jaitley | On 10 Jul 2014

Budgetary Process in Parliament

The bulletin shows what are the process in presenting budget and the terms used in the budget.

by Lok Sabha Secretariat | On 10 Jul 2014

Article 2 and Government Budgets

Governments’ budgets are fundamentally about people’s human rights. Budgets are the central means by which governments can help realize their people’s access to quality education, decent health care s...

by International Budget Partnership IBP | On 10 Jul 2014

Speech of the Minister for Railways 2014-15

Railway budget 2014-15.

by D.V. Sadananda Gowda | On 09 Jul 2014

India's Public Distribution System: A National and International Perspective

This study examines the impact of India's Public Distribution System (PDS) on poor households in terms of income gains, reductions in the incidence and severity of poverty, as well as nutritional impr...

by R. Radhakrishna | On 07 Jul 2014

Gujarat Gender Budget Statement 2014-15

As per census 2011, there are 289.48 lakh women and girls in the state of Gujarat, comprising 47.90 per cent of total population. “Gender Budget 2014-15” shows financial allocations for women in vario...

by Ministry of Finance Government of Gujarat | On 03 Jul 2014

Three Decades of Human Development across Indian States: Inclusive Growth or Perpetual Disparity?

The importance of strengthening the human development (HD) achievements in a country to augment its growth potential is well known in development literature. Several initiatives to enhance the HD leve...

by Sacchidananda Mukherjee | On 24 Jun 2014

World Social Protection Report 2014/15 - Building economic recovery, inclusive development and social justice

This ILO flagship report: (i) provides a global overview of the organisation of social protection systems, their coverage and benefits, as well as public expenditures on social security; (ii) followin...

by International Labour Organisation ILO | On 17 Jun 2014

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

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

by Parliamentary Research Service PRS | On 05 Jun 2014

Dynamic Effects of Microcredit in Bangladesh

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

by Shahidur R. Khandker | On 26 Apr 2014

Psychology, Cyclicality or Social Programs: Rural Wage and Inflation Dynamics in India

The paper analyzes causes of movements in Indian wages for rural unskilled male laborers, and assesses their impact on inflation. Theoretical priors derived from an analytical framework based on the ...

by Ashima Goyal | On 10 Apr 2014

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

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

by UK DEVELOPMENT | On 12 Mar 2014

Financing Infrastructure in the Philippines: Fiscal Landscape and Resources Mobilization

This study assessed the sources and levels of infrastructure financing in the Philippines for the last five years (2008-2012). [PIDS Discussion Paper No. 2014-01].

by Adoracion M. Navarro | On 12 Mar 2014

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

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

by Enakshi Ganguly Thukral | On 05 Mar 2014

Gender Responsive Budgeting, as Fiscal Innovation: Evidence from India on “Processes”

Gender Responsive Budgeting (GRB) as an innovation has four specific components: knowledge processes and networking; institutional mechanisms; learning processes and building capacities; and public ac...

by Lekha Chakraborty | On 05 Mar 2014

Illness and Injury as Contributors to Bankruptcy

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

by Himmelstein DU | On 04 Mar 2014

Vital Stats: Performance of Parliament during the15th Lok Sabha

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

by Kusum Malik | On 25 Feb 2014

Interim Budget 2014-15

Budget speech by 2014-15.

by P Chidambaram | On 17 Feb 2014

Railway Budget 2014-15

Speech of Shri Mallikarjun Kharge introducing the Railway Budget 2014-15.

by Mallikarjun Kharge | On 14 Feb 2014

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

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

by Lekha Chakraborty | On 05 Feb 2014

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

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

by World Bank | On 28 Jan 2014

Do Indian States have the Power to Devise their Own Policies? A Study on Fiscal Space

With the decentralization process of the 1990s, linked to economic liberalization, there emerged new decisional scope for regional governments to shape their own policies. But the decentralization pro...

by Kim Robin | On 24 Jan 2014

Financing Infrastructure in Bangladesh – Some Options

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

by Ishraq Ahmed | On 22 Jan 2014

The Impact of Fiscal and Political Decentralization on Local Public Investments in Indonesia

The effects of the Indonesian decentralization and democratization process on budget allocation at the sub-national level is analyzed. Based on panel data for 271 Indonesian districts for the years...

by Krisztina Kis Katos | On 17 Jan 2014

Economics of Migration and Remittances: A Review Article

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

by Puja Guha | On 02 Jan 2014

The Nature of the Beast: What Behavioral Economics is Not

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

by Matthew Darling | On 11 Dec 2013

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

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

by Puja Guha | On 28 Nov 2013

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

Integrating Time in Public Policy: Any Evidence from Gender Diagnosis and Budgeting

Time use statistics is highly neglected in the studies on gender budgeting. The integration of this into this process remains partial or even nil across countries. This paper takes up these issues and...

by Lekha Chakraborty | On 06 Nov 2013

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

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

by Renuka Sane | On 28 Oct 2013

Incentive Effects of Capital Gains and Inheritance Taxes on Interstate Migration: The Holt and Shelton Analysis Revisited

The present study attempts to analyse the effect of capital gains and inheritance taxes on individual decisions to migrate. [NIPFP WP no. 81].

by Martin David | On 11 Oct 2013

Changing Leadership in Computer and Information Services, Emergence of India as the Current World Leader in Computer and Information Services

The paper analyses the changing leadership in Computer and Information Services (CIS). Leadership is measured in terms of export shares. The leadership appears to have changed from United States of ...

by Sunil Mani | On 10 Oct 2013

Child Focussed Questions in Parliament in 2012

One third of the population of India are children below the age of 18 years. They are citizens of this country. Even though they do not vote, they have all rights as equal citizens of the country. How...

by HAQ Centre for Child Rights HAQCRC | On 07 Oct 2013

Fiscal Reforms, Fiscal Rule and Development Spending: How Indian States have Performed?

In this paper it is examined whether a favourable fiscal rule had impact on fiscal balance but what lies behind a particular outcome in a rule based fiscal regime. Often time it is argued that fiscal...

by Pinaki Chakraborty | On 30 Sep 2013

A Study on Fiscal Space

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

by Kim Robin | On 23 Sep 2013

Improving Public Financial Management in India: Opportunities to Move Forward

In recent years the role of a sound PFM system to achieve the objectives of fiscal discipline, strategic planning, and improved service delivery has been getting increasing public attention in India....

by Pratap Ranjan Jena | On 12 Sep 2013

Five Years of Leading the Reserve Bank: Looking Ahead by Looking Back

This Tenth Nani A. Palkhivala Memorial lecture lecture centres around the role and responsibility of a central bank in a democratic structure. Central banks make macroeconomic policy that influences t...

by Duvvuri Subbarao | On 30 Aug 2013

India Shadow Report

The gains made since ratification of the Convention on the Rights of the Child (CRC) are plenty, but the reality of children’s situation is disturbing on many counts calling for urgent and serious att...

by HAQ Centre for Child Rights HAQCRC | On 26 Aug 2013

Essays on Banking

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

by Raghuram G. Rajan | On 19 Aug 2013

Obituary: Sharmila Rege (1964 to 2013)

Obituary: Sharmila Rege (1964 to 2013)

by Vibhuti Patel | On 30 Jul 2013

Analysis of the President's Budget for 2013

This paper evaluates the President’s Budget (PB) or the National Expenditure Program (NEP) for 2013. The assessment is composed of four parts: (i) an evaluation of the overall fiscal picture as proj...

by Rosario G. Manasan | On 25 Jul 2013

Mapping Budget Processes in the Public Health Sector in Maharashtra

This study looked at budget processes related to health in two districts of Maharashtra and found that there was a significant variation in the way budget estimation was practiced at the level of Prim...

by Prashant Raymus | On 17 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

Four Years of Progress: Bangladesh Marches On-Budget Speech 2013-14

Supplementary Budget for the fiscal year 2012-13 and the Budget Estimates for the fiscal year 2013-14. [http://www.mof.gov.bd/en/budget/13_14/budget_speech/speech_en.pdf].

by Abul Maal Abdul Muhith | On 07 Jun 2013

Delhi State Budget 2013—2014 Disappoints Children Once Again

On the 20th of March 2013, the Honorable Chief Minister of Delhi presented her budget to the Legislative Assembly. What did she have in it for children? The budget has to be analysed in the light of t...

by HAQ Centre for Child Rights HAQCRC | On 03 Jun 2013

Vital Stats: Parliament Budget Session 2013

Parliament convened for the Budget Session 2013 for 32 days between February 21 and May 8. Both Houses were adjourned sine die on May 8, two days ahead of the planned schedule. There was a month long...

by Priya Soman | On 03 Jun 2013

Submission of 1392 National Budget, Afghanistan

H.E Finance Minister’s Speech for Mishrano Jirga. [Ministry of Finance, Afghanistan]. URL:[http://mof.gov.af/Content/files/HE%20Minister%20Speech%20to%20Mishranow%20Jirga-%20English%20after%20review....

by Ministry of Finance Afghanistan | On 10 Apr 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

The 2013 Empowerment Budget: Philippines

The national budget is truly a potent tool for the economy to journey towards inclusive growth that would empower Filipinos through deliverance from backbreaking poverty. [Senate of the Philippines]....

by Senate Economic Planning Office SEPO | On 08 Apr 2013

Do School get Their Money? PAISA 2012

The PAISA exercise uses planning and budgeting systems as the entry point, it is an attempt to build an empirical understanding of current governance processes at the grassroots to push for a larg...

by Accountability Initiative | On 29 Mar 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

Report of China’s Local and Central Budgets 2013

Following is the full text of report on the implementation of central and local budgets in 2012 and on draft central and local budgets for 2013, which was submitted for review on March 5, 2013 at the...

by Ministry of Finance China | On 21 Mar 2013

Kerala Budget Speech 2013-14

Finance Minister Shri. K. M. Mani has presented the State Budget for the coming financial year 2013-14 in the Kerala Legislative Assembly on 15 March 2013. This is the eleventh budget by the minister...

by K.M. Mani | On 15 Mar 2013

Sarva Shiksha Abhiyan, GOI, 2013-14

This brief gives the idea about the allocations to Sarva Shiksha Abhiyan by Government of India in 2013-14 [Accountability Initiative]. URL:[http://www.accountabilityindia.in/sites/default/files/ssa_2...

by Accountability Initiative | On 07 Mar 2013

Repayment and Exclusion in a Microfinance Experiment

The experiment is designed to explore the effectiveness of such sanctions in improving repayment incentives. Groups of 10 members are provided with joint-liability loans for a specific investment pr...

by Jean Marie Baland | On 07 Mar 2013

Monthly Policy Review: February 2013

Justice Usha Mehra report on Delhi gang rape case, Railway Budget, Union Budget were the important highlights on this months. [PRS]. URL:[http://www.prsindia.org/announcements/monthly-policy-review-26...

by Parliamentary Research Service PRS | On 02 Mar 2013

Economic Survey 2012-13: A Comedy of Errors?

There is lack of clarity and concepts in the Economic Survey. The Survey has not covered many topics which it was expected to cover.

by Suryanarayana M H | On 02 Mar 2013

Gambling on the Private Sector at the Cost of the Working Class: NTUI Statement

The budget offers no programme for job creation or any substantive policy measures to contain inflation that continues to erode the real wage while it commits itself to cash transfers and cuts in subs...

by Gautam Mody | On 01 Mar 2013

Much Ado about Nothing…Budget for Children a Mere Lip Service! India Fails to Protect its Children Once Again

Share of Dudget for Children in the Union Budget. [HAQCRC]. URL:[http://www.haqcrc.org/sites/default/files/BfC%20Analysis%202013-14-1.pdf]

by HAQ Centre for Child Rights HAQCRC | On 01 Mar 2013

Focus on Rural India

The budget has come with schemes for rural India. It has got schemes for women, youth and poor.

by Sunil Duggal | On 28 Feb 2013

Budget Speech 2013-2014

Budget Speech by Chidambaram.

by P Chidambaram | On 28 Feb 2013

Analysis of Railway Budget 2013

The Minister of Railways, Pawan Kumar Bansal, presented the Railway Budget 2013 to Parliament on 26th February. In his address, he commented on the performance of Railways in 2012-13 and laid out his...

by Vishnu Padmanabhan | On 28 Feb 2013

Nine years later…

Is the Finance Minister going to do a salvage operation? [BS week end ruminations].

by T.N. Ninan | On 27 Feb 2013

No Fireworks Railway Budget

Modernization, encouragement to PPP, integration of MGNREGA, has been given importance in the railway budget.

by IRIS India IRIS | On 27 Feb 2013

Bihar Budget at a Glance 2013-14

Budget at a glance.

by Government of Bihar | On 26 Feb 2013

Railway Budget Speech 2013-14

Speech of Sh. Pawan Kumar Bansal. URL:[http://www.indianrailways.gov.in/railwayboard/uploads/directorate/finance_budget/Budget_2013-14/English_Speech_2013-14.pdf].

by Sh. Pawan Kumar Bansal | On 26 Feb 2013

Target the Beneficiaries in the 2013-14 Budget

In spite of several programmes in the country to reduce undernutrition, India continues to have a large number malnourished women and children. In the coming Budget the government has to make some eff...

by Rudra Narayan Mishra | On 26 Feb 2013

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

Odisha Budget 2013-14: Part 1 Agriculture

Budget presented by Shri Prasanna Acharya. The first part contains the Agriculture Budget.

by Orissa Government | On 25 Feb 2013

Budget Speech, 2013-2014: Uttar Pradesh

Budget speech, 2013-2014. [Uttar Pradesh Government]. URL:[http://budget.up.nic.in/budgetbhashan/budgetbhashan2013-2014.pdf].

by Uttar Pradesh Government UP | On 20 Feb 2013

Neutral Expectations from Automobile Sector

Budget expectations for automobile sector. [IRIS India].

by IRIS India IRIS | On 19 Feb 2013

Open Budget Survey 2012: India

India's Open Budget score is 68 out of 100. India's budget documents have been found to be informative and as providing substantial relevant information to people.

by MINISTRY OF CONSUMER AFFAIRS, FOOD AND PUBLIC DIST GOI | On 15 Feb 2013

Open Budget Survey 2012

reveals that the national budgets of 77 of the 100 countries assessed – these 77 countries are home to half the world’s population – fail to meet basic standards of budget transparency; the average sc...

by International Budget Partnership IBP | On 14 Feb 2013

Expecting a Smooth Ride

Indian Railways have to be investor friendly. The railway budget will have to deal with core issues such as mobilizing resources, controlling costs and offering competitive freight structure with an e...

by Sachin Bhanushali | On 14 Feb 2013

Standing Committee on Finance on Companies Bill

The Companies Bill, 2009 was introduced on August 3rd 2009. The Standing Committee presented its report on August 31st 2010. The central government withdrew this Bill in the winter session of 2011. I...

by Parliamentary Research Service PRS | On 11 Feb 2013

BMC Budget Speech-Education, 2013-14

estimates of receipts and expenditure for the financial year 2013-14 with respect to the primary education. [BMC]. URL:[http://www.mcgm.gov.in/irj/go/km/docs/documents/MCGM%20Department%20List/Chief%...

by Municipal Commissioner BMC | On 11 Feb 2013

BMC Budget Speech, 2013-14

The estimates of receipt and income and expenditure pertaining to the Budgets ‘A’ (Fund code 11, 12, 60, 70), ‘B’ (Fund Code 21, 22, 23) and ‘E’ (Fund Code 40) for the financial year 2013-14 in pursua...

by Municipal Commissioner BMC | On 11 Feb 2013

Property Tax System in India: Problems and Prospects of Reform

This paper analyses the property tax system in India, examines the reasons for its low revenue productivity, reviews the recent reform initiatives and identifies further reform areas. [NIPFP Working P...

by M. Govinda Rao | On 06 Feb 2013

Economic Policies and Agricultural Incentives: The Philippine Case

The purpose of this paper is to analyze the impact of economic policies on Philippine agricultural incentives from 1960 up to 1992. Apart from economic policies affecting price incentives, cover publi...

by Cristina C. David | On 24 Jan 2013

Microfinance in Evolution: An Industry Between Crisis and Advancement

Following the international financial crisis that started in 2007, market growth and MFI performance started to deteriorate. Over the last decade the market has matured and become more efficient. Is...

by Cédric Lützenkirchen | On 14 Jan 2013

How to Tackle Food Insecurity in Asia

Review of the book Food Security in Asia, by Amitava Mukherjee Sage Publications India 2011 pp. xix+392, Rs 895/-.

by Rudra Narayan Mishra | On 04 Jan 2013

Action Alert! Even Money Does not Make them Accountable to Children: Children Still Die in India’s Oldest Paediatric Hospital

The one and only one government hospital for children in the country supported by the Central Government with a budget of Rs. 55.40 Crore in the year 2012-13 is once again in news for miserable cond...

by HAQ Centre for Child Rights HAQCRC | On 26 Nov 2012

The Buoyant Billions: How “Middle Class” Are the New Middle Classes in Developing Countries? (And Why Does It Matter?)

Middle-income countries (MICs) are now home to most of the world’s extreme poor—the billion people living on less than $1.25 a day and a further billion people living on between $1.25 and $2. At the s...

by Andy Sumner | On 05 Nov 2012

Demographics, Labor Mobility, and Productivity

This paper considers two major issues that need to be treated as matters of urgency. First, internal (within country) migrations in the Asian (ACI) region are mostly undocumented and large. It is show...

by E J Wilson | On 05 Nov 2012

Diesel Pricing in India: Entangled in Policy Maze

This paper identifies the important economic activities that use diesel and discusses the contribution of those sectors in GDP. Other important petroleum products and, their limited substitution possi...

by Mukesh Kumar Anand | On 17 Oct 2012

Bihar: What went wrong? And what changed?

A historical narrative of Bihar is provided context to much of its current state, Focus is given on its contemporary economy in the past three decades to better understand the moribund state of its ec...

by Arnab Mukherji | On 28 Sep 2012

NATIONAL PROGRAMME FOR YOUTH AND ADOLESCENT DEVELOPMENT

The scheme titled National Programme for Youth Adolescent Development (NPYAD) has been formulated by merger of four 100% central sector grants-in-aid schemes of the Ministry of Youth Affairs & Sports...

by Ministry of Youth and Sports Affairs YAS | On 28 Sep 2012

What Do Teachers Do? Teacher Quality Vis-a-vis Teacher Quantity in a Model of Public Education and Growth

This paper analyses the contribution of teachers in a public education system and its implication for growth. Focus is given exclusively on two teacher-specfi?c inputs (teacher quality and teacher q...

by Mausumi Das | On 21 Sep 2012

Energy Savings Potential and Policy for Energy Conservation in Selected Indian Manufacturing Industries

This paper focuses on the assessment of energy savings potential in seven highly energy consuming industries. The paper estimates the energy savings potential for each of these industries using unit l...

by Manish Gupta | On 17 Sep 2012

Financial Stability Report Issue No. 5

The report reflects the collective assessment of the Sub Committee of the Financial Stability and Development Council (FSDC) on potential risks to financial stability. [RBI]. URL:[http://rbidocs.rbi....

by Reserve Bank of India RBI | On 04 Sep 2012

Recent Developments in Kerala State Finances

This paper covers recent trends in a series of broad indicators of the financial health of the Government of Kerala with its developmental policy as the backdrop. It examines fiscal balances in Kerala...

by Tapas K. Sen | On 30 Aug 2012

Budget 2012-13, Nepal

Statement Delivered by Finance Minister Mr. Barshaman Pun on 15 July 2012. URL:[http://www.mof.gov.np/ajw/uploads/uploaded_image/Main_text.pdf].

by Ministry of Finance, Government of Nepal | On 28 Aug 2012

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

Network Structure and the Aggregation of Information: Theory and Evidence from Indonesia

A unique data-set from Indonesia is analysed to understand what individuals know about the income distribution in their village to test theories such as Jackson and Rogers (2007) that link informatio...

by Vivi Alatas | On 23 Aug 2012

Economic and Financial Developments in Odisha

The economic and financial structure of Odisha is highlighted. Various financial inclusion initiatives are taken by the Reserve Bank with a particular reference to Odisha. The macroeconomic policy cha...

by Deepak Mohanty | On 22 Aug 2012

Coordinating Healthcare and Pension Policies: An Exploratory Study

Rapid ageing of the population globally represents an unprecedented historical trend. As pension and healthcare costs are positively correlated with rising incomes, ageing, urbanization, and a shift f...

by Azad Singh Bali | On 20 Aug 2012

The Group of Twenty: Input and Output Legitimacy, Reforms, and Agenda

The paper examines the debates and makes specific policy recommendations by which regionalism, the engagement of small states (through the role of Singapore and the 3-G coalition), and the expansion o...

by Andrew F Cooper | On 09 Aug 2012

Constraints Faced by Industry in Punjab, Pakistan

What are the main impediments to investment and industrial productivity in Punjab which have contributed to this unprecedented decline in growth? This is done by analyzing the 2007 Investment Climate...

by Syed Turab Hussain | On 08 Aug 2012

Agricultural Credit - Accomplishments and Challenges

Agriculture’s share in GDP is less than 15 per cent but it still remains the direct domain of over half of the population whose economic prospects are linked to the performance of agriculture. There a...

by Duvvuri Subbarao | On 03 Aug 2012

The Quality of Governance How Have Indian States Performed?

What is ‘good’ governance? Can the quality of governance be measured? And how do state governments in India measure up by such a measure? [Working Paper no. 104]. URL:[http://www.nipfp.org.in/neww...

by Sudipto Mundle | On 02 Aug 2012

Vital Stats: Pricing of Petroleum Products

Government owned Oil Marketing Companies (OMCs) raised the price of petrol on 23rd May 2012. After the inclusion of local taxes, this amounted to a hike of Rs 7.54 per litre in Delhi. A snapshot of t...

by Karan Malik | On 24 Jul 2012

Raining problems

Recent history tells us that the growth rate of the economy does not automatically go up and down with good and bad monsoons. [BS Weekend Ruminations]. URL:[http://www.business-standard.com/india/news...

by T.N. Ninan | On 18 Jul 2012

New Thinking on Corporate Bond Market in India

What are major factors behind underdevelopment of corporate bond market in India? One of the major bottlenecks to the development of this market lies in relatively larger costs of financing which diss...

by Sanjay Banerji | On 17 Jul 2012

Reexamining the Finance–Growth Relationship for a Developing Economy: A Time Series Analysis of Post-reform India

The cross-country empirical literature on the finance-growth relationship has debated three propositions: (i) financial deepening has a strong impact on the growth process; (ii) measures of financia...

by Sabyasachi Kar | On 13 Jul 2012

Domestic Violence Prevention Bill 2012: Bhutan

This Act ensures a prompt and just legal remedy for the victims of domestic violence; facilitate access to remedies for immediate and effective assistance, shelter homes and protection to the victims...

by National Assembly of Bhutan | On 11 Jul 2012

Political Strongholds and Budget Allocation for Developmental Expenditure: Evidence from Indian States, 1971-2005

This paper examines the effects of political factors on allocation of revenue budget for developmental expenditure by the sub-national governments, using data from 15 major states in India during the...

by Arun Kaushik | On 10 Jul 2012

Priority-Setting in Health: Building Institutions for Smarter Public Spending

Creating and developing fair and evidence-based national and global systems to more rationally set priorities for public spending on health. An interim secretariat should be there to incubate a global...

by Amanda Glassman | On 10 Jul 2012

Small Farmers in India: Challenges and Opportunities

This paper examines the roles and challenges of small holding agriculture in India. It covers trends in agricultural growth, cultivation patterns, participation of small holding agriculture, productiv...

by S. Mahendra Dev | On 06 Jul 2012

Cultural Proximity and Loan Outcomes

Evidence is presented to show that shared codes, religious beliefs, ethnicity - cultural proximity - between lenders and borrowers improves the efficiency of credit allocation. In-group preferential t...

by Raymond Fisman | On 05 Jul 2012

National Budget of Bhutan: Financial Year 2012-13

Budget of Bhutan 2012-13. URL:[http://www.mof.gov.bt/downloads/BudgetReport2012.pdf].

by Minister of Finance Bhutan | On 04 Jul 2012

Budget for Children in CM’s ‘Caring City’! A Brief analysis of the Delhi Budget 2012-13

Status of Children in India’s Capital. [HAQCRC]. URL:[http://www.haqcrc.org/sites/default/files/BfC%202012-13%20final.pdf].

by HAQ Centre for Child Rights HAQCRC | On 02 Jul 2012

What Should Regulation do in the Field of Micro-finance?

Recent events in India have brought a fresh focus on the appropriate regulatory stance towards micro-finance. In this paper, facts and recent experience about Indian microfinance is reviewed. The puz...

by Renuka Sane | On 19 Jun 2012

The Effects of Democratization on Public Goods and Redistribution: Evidence from China

This study investigates the effects of introducing elections on public goods and redistribution in rural China. A large and unique survey was collected to document the history of political reforms and...

by Yang Yao | On 05 Jun 2012

Vital Stats: Parliament Budget Session 2012

Parliament met for the Budget Session between March 16 and May 22 with a three-week recess in April. Both Houses met for 35 days each. A special sitting was convened on Sunday, May 13 to commemorate 6...

by Rohit Kumar | On 23 May 2012

Black Money

The objective of this paper is to place in the public domain various facets and dimensions of black money and its complex relationship with the policy and administrative regime in the country. The pa...

by Ministry of Finance | On 22 May 2012

Group Norms and the BRAC Village Organization – Enhancing Social Capital Baseline

This study used social capital as an organizing framework to capture VO members’ group behaviour, and their current status along programme activities. The study compared the status of intervention...

by Nayma Qayum | On 22 May 2012

Obituary: Leela Dube (1923-2012)

Obituary: Leela Dube (1923-2012)

by Vibhuti Patel | On 22 May 2012

Where There Is No Health Research: What Can Be Done to Fill the Global Gaps in Health Research?

Efforts to strengthen capacity in health research have, so far, concentrated on countries where there is existing capacity rather than those where it is almost completely lacking. Judged by absolut...

by Martin McKee | On 10 May 2012

China’s Rising Military Power and Its Implications

The aim of this paper is to examine the driving forces behind China’s military modernization efforts followed by an assessment of the goals and foci of China’s military modernization at present and...

by Jiao Liang | On 08 May 2012

An Assessment of Inflation Modelling in India

This study analyses India’s inflation using the Phillips curve theory. To estimate an open-economy Phillips curve, we need three variables: (1) inflation (2) the output gap and (3) the real effective...

by Karan Singh | On 26 Apr 2012

The BRICS Report: A Study of Brazil, Russia, India, China, and South Africa with Special Focus on Synergies and Complementarities

Th is study, which is supported by the ministries of fi nance and the central banks of the BRICS, focuses on synergies and complementarities between the economies, highlighting their role as growth ...

by Ministry of Finance | On 18 Apr 2012

Development Trajectory, Emission Profile, and Policy Actions: Thailand

Thailand has made significant progresses toward green and low-carbon development; however, there is a need to further address the issue. The country has to focus on the implementation of no-regret pol...

by Qwanruedee Chotichanathawewong | On 16 Apr 2012

Madhya Pradesh Budget Speech: 2012-13

Hon’ble Finance Minister Shri Raghavji presented the budget for year 2012-13. The salient features of the budget estimates of 2012-13 are as follows:- • Total expenditure of ` 80030.98 crores for th...

by Madhya Pradesh Government | On 13 Apr 2012

West Bengal Budget Speech: 2012-13

Speech by Amit Mitra, Minister of Finance. [Government of West Bengal]. URL:[http://www.wbfin.nic.in/writereaddata/Budget_Speech/2012_English.pdf].

by West Bengal Government | On 13 Apr 2012

What is the Role of Social Pensions in Asia?

The main objective of this paper is to explore the potential role of social pensions and other noncontributory schemes in Asia, informed by insights from theory and international experience. The paper...

by Armando Barrientos | On 13 Apr 2012

Gujarat Budget 2012-13

Budget Speech by Minister of Finance. [Government of Gujarat]. URL:[http://financedepartment.gujarat.gov.in/budget12_13_pdf/FM_Speech_English_Part_A_Final.pdf].

by Ministry of Finance Government of Gujarat | On 12 Apr 2012

Highlights of Madhya Pradesh Budget 2012-13

The salient features of the budget estimates of 2012-13 of Madhya Pradesh. [Ministry of Finance Madhya Pradesh]. URL:[http://www.mp.gov.in/finance/index.htm].

by Madhya Pradesh Government | On 04 Apr 2012

State Finances: A Study of Budgets of 2011-12

The budgetary data for 2011-12 indicates the commitment of States to carry forward fiscal correction, as evident from the emergence of revenue surplus after a gap of two years and consequent reductio...

by Reserve Bank of India RBI | On 03 Apr 2012

Price and Income Elasticity of Imports: The Case of Pakistan

The paper estimates the elasticity of Imports with respect to relative prices and income for Pakistan from 1971 to 2009. What distinguishes this paper from the earlier studies is the use of robust est...

by Khurram Ashfaq Baluch | On 30 Mar 2012

The 2012 Budget Speech: Malaysia

Budget speech by Finance Minister. [Ministry of Finance, Malaysia]. URL:[http://www.treasury.gov.my/index.php?option=com_content&view=article&id=2008%3Abajet-2012&catid=87%3Acatbajet-tahunan&Itemid=19...

by Minister of Finance Malaysia | On 29 Mar 2012

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

Highlights of the Budget for FY2012: Japan

1) Allocating budget to the measure for the real revitalization of Japan to recover Japan’s economy and society 2) Reviewing the existing budget based on the result of evaluation by the Policy Propos...

by Ministry of Finance, Japan MOF, Japan | On 28 Mar 2012

1391 National Budget of Afghanistan

According to M Mustafa Mastoor, the Deputy Minister of Finance, “The national budget is more than just a financial document. It is government’s plan for the development of Afghanistan. We are committ...

by Ministry of Finance Afghanistan | On 28 Mar 2012

Budget Speech 2012-13: Goa

Budget speech by Ministry of Finance, Goa. [Budget Speech]. URL:[http://www.goa.gov.in/pdf/Speech12-13.pdf].

by Goa Government | On 28 Mar 2012

Political Determinants of the Allocation of Public Expenditures: A Study of the Indian States

This study examines whether the allocation of public expenditures of the Indian states are significantly influenced by government specific political characteristics. Three types of government specif...

by Bharatee Bhusana Dash | On 27 Mar 2012

Uses and Misuses of Statistics

Statistics is used in our day to day life. Examples are there to show that statistics is misused in many. This can happen when people are information illiterate. [Address at DST-CIMS, BHU on Mar 20, 2...

by Chakrabarty K C | On 27 Mar 2012

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

Rajasthan Budget Speech: 2012-13

Speech by Finance Minister. [Government of Rajasthan]. URL:[http://finance.rajasthan.gov.in/speech/1213/budgetspeech201213.pdf].

by Rajasthan Government | On 27 Mar 2012

Maharashtra Budget Speech 2012-13: Part II

Part of the Budget speech. [Maharashta Budget]. URL:[http://maharashtra.gov.in/pdf/english_speech_part_II.pdf].

by Maharashtra Government | On 27 Mar 2012

Tamil Nadu Budget Speech: 2012-13

Speech of Thiru O. Panneerselvam, Hon’ble Minister for Finance, Government of Tamil Nadu, presenting the Budget for the year 2012-2013 to the Legislative Assembly on 26th March, 2012. [Government...

by Tamil Nadu Government | On 27 Mar 2012

How Can Bill and Melinda Gates Increase Other People’s Donations to Fund Public Goods?

A simple theory is developed which formally describes how charities can resolve the information asymmetry problems faced by small donors by working with large donors to generate quality signals. To t...

by Dean Karlan | On 26 Mar 2012

National Budget of Bhutan-2011-12

Budget speech by the Finance Minister of Bhutan. [Budget Speech]. URL:[http://www.mof.gov.bt/downloads/Budgetreport2012.pdf].

by Minister of Finance Bhutan | On 22 Mar 2012

BMC Budget 2012-13

Budget presented to Municipal Commissioner. . [BMC Annual Reports]. URL:[http://www.mcgm.gov.in/irj/go/km/docs/documents/MCGM%20Department%20List/Chief%20Accountant%20(Finance)/Budget/Complete%20Engli...

by Municipal Commissioner BMC | On 22 Mar 2012

The Conclusion of a Korean Peace Treaty and the U.S. Strategy in the Asia Pacific Region

The current century has witnessed every country locked in a hot race to increase its national power through peaceful development, which made Koreans ever more desirous of peace. But why has the Kore...

by Ho Hak Rim | On 20 Mar 2012

Kerala Budget 2012-13

Minister for Finance, Sri. K. M. Mani presented his 10th Budget for the year 2012-13. The Kerala government raised the retirement age of government employees from 55 years to 56 years. [Budget Spe...

by Government of Kerala Govt | On 20 Mar 2012

Health Care Financing Reforms in India

The transfer system in India is discussed and analyses expenditure needs of States to provide essential health infrastructure. It also analyzes the fiscal space for health care in terms of stimulati...

by M Govinda Rao | On 19 Mar 2012

Not the Remembered Country

The food security Bill's focus ignores changes in agriculture and eating habits. [BS editorial]. URL:[http://www.business-standard.com/india/news/t-n-ninan-notremembered-country/467874/].

by T.N. Ninan | On 19 Mar 2012

Budget for Children (BfC) in the Union Budget 2012-13

What the Budget of India, 2012-13 has got for children? [HAQCRC]. URL:[http://www.haqcrc.org/sites/default/files/BfC%202012-13_0.pdf].

by HAQ Centre for Child Rights HAQCRC | On 19 Mar 2012

Close Eye or Closed Eye: The Case of Export Misinvoicing in Bangladesh

The effect of export subsidies on the under-invoicing of exports in Bangladesh is analyzed. In a framework that allows for unobserved heterogeneity among importing countries and product specificities,...

by Pranav Kumar Gupta | On 16 Mar 2012

Budget Speech 2012-2013: India

Speech of Pranab Mukherjee Minister of Finance, India. [Budget Speech]. URL:[http://indiabudget.nic.in/ub2012-13/bs/bs.pdf].

by Pranab Mukherjee | On 16 Mar 2012

Oil Price Shock, Pass-through Policy and its Impact on India

This paper analyses the impact of transmission of international oil prices and domestic oil price pass-through policy on major macroeconomic variables in India with the help of a macroeconomic policy...

by N R Bhanumurthy | On 16 Mar 2012

Sarva Shiksha Abhiyan, GOI 2012-13

This brief uses Government reported data to analyse Sarva Shiksha Ahiyan performance along the following parameters: a) Overall trends in allocation and expenditures, b) Expenditure performance across...

by Accountability Initiative | On 16 Mar 2012

Railway Budget 2012

The Minister of Railways, Dinesh Trivedi, presented the Railways Budget 2012 to Parliament on 14th March. In his address, he commented on the performance of Railways in 2011-12 and laid out his bud...

by Rohit Kumar | On 16 Mar 2012

Report on China's Central, Local Budgets (2012)

REPORT ON THE IMPLEMENTATION OF CENTRAL AND LOCAL BUDGETS FOR 2011 AND ON DRAFT CENTRAL AND LOCAL BUDGETS FOR 2012. [Ministry of Finance Report]. URL:[http://www.npc.gov.cn/englishnpc/news/...

by Ministry of Finance China | On 15 Mar 2012

Railway Budget 2012-2013

Budget 2012-2013

by Dinesh Trivedi | On 14 Mar 2012

Towards Building A Happy, Prosperous and Caring Bangladesh: Budget Speech 2011-12

Budget speech 2011-12 by Finance minister. URL:[http://www.mof.gov.bd/en/budget/11_12/budget_speech/speech_en.pdf].

by Abul Maal Abdul Muhith | On 14 Mar 2012

Forty Eighth Report on The Lok Pal Bill, 2011

The report includes a specific recommendation to categorically have a statutory provision imparting genuine independence to the CBI by declaring, for the first time, that it shall not be subject, on...

by Rajya Sabha | On 14 Mar 2012

The Union Budget: A Primer

This week, the finance minister presents a statement to Parliament of how much money the central government expects to raise in the next financial year, and how it will spend that money. The budget sp...

by Avinash Celestine | On 12 Mar 2012

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

The Age Distribution of Missing Women in India

Relative to developed countries, there are far fewer women than men in India. Estimates suggest that more than 25 million women are "missing". Sex selection at birth and the mistreatment of young g...

by Siwan Anderson | On 09 Mar 2012

Tax Policy in Developing Countries: Looking Back and Forward

The changing nature of tax policy in developing countries over the last 30 years is reviewed and studied the factors determining the level and structure of tax revenues in such countries and how such...

by Roy Bahl | On 07 Mar 2012

Budget of Nepal 2011-12

Budget speech by Nepal Finance Minister. URL:[http://www.mof.gov.np/publication/speech/2011/pdf/budgetspeech_english.pdf].

by Ministry of Finance, Government of Nepal | On 06 Mar 2012

Under trial Prisoners: Quicker Trial and Human Rights

Discussion on the human rights violation of under trial prisoners.

by Ranesh Chandra Majumdar | On 06 Mar 2012

Theft and Loss of Electricity in an Indian State

Utilizing data from the power corporation of Uttar Pradesh, India’s most populous state, the politics of electricity theft over a ten year period (2000–09) is studied. It is seen that electricity the...

by Miriam Golden | On 06 Mar 2012

Issues and Challenges with the Philippines' Public Corporate Sector

Government-ownedand- controlled corporations were initially created as solutions to market imperfections. It is ironic therefore, that in recent years, they have come to be seen as problems t...

by Senate Economic Planning Office SEPO | On 06 Mar 2012

Penance time

The time has come for the governmant to make up for its sins of the past three years. The Budget must be judged on whether it shows that the govt is in the mood to recognize its follies, and in a posi...

by T.N. Ninan | On 05 Mar 2012

The End of the “Liberal Theory of History”? Dissecting the U.S. Congress’ Discourse on China’s Currency Policy

In the last ten years, economic issues related to currency policy have become the major ongoing dispute between China and the U.S. Especially the U.S. Congress is stridently demanding a tougher poli...

by Nicola Nymalm | On 01 Mar 2012

Why Does Mental Health Not Get the Attention It Deserves? An Application of the Shiffman and Smith Framework

More than 13% of the global burden of disease for mental disorders is due to neuro psychiatric disorders, and over 70% of this burden lies in low- and middleincome countries. Suicide is one of the...

by Mark Tomlinson | On 01 Mar 2012

Sri Lanka Budget Speech 2012

Budget speech 2012.

by Mahinda Rajapaksa | On 24 Feb 2012

Sarva Shiksha Abhiyan, GOI 2011-12

Using government data, this brief reports on SSA performance along the following parameters: a) Overall trends in allocation and expenditure, b) Expenditure performance across key SSA activities...

by Accountability Initiative | On 23 Feb 2012

Study on Impact of Micro Finance in Reduction of Domestic Violence Against Women

The main objective of the study is to investigate whether there is any evidence to support the view that the disbursement of micro finance to women reduces the incidence of domestic violence, and if...

by Institute of Social Studies Trust ISST | On 23 Feb 2012

Electoral Rules, Forms of Government and Redistributive Policy: Evidence from Agriculture and Food Policies

The effect of electoral rules and forms of government on public policy outcomes using a new dataset on agriculture and food policies from 74 countries over the 1960-2005 period is investigated. Using...

by Alessandro Olper | On 22 Feb 2012

Citizens, Legislators, and Executive Disclosure: The Political Determinants of Fiscal Transparency

Empirical evidence on the beneficial effects of fiscal transparency ranges from improved budgetary outcomes, to lower sovereign borrowing costs and decreased corruption. Despite this, hardly any effor...

by Joachim Wehner | On 19 Feb 2012

Budgets: No Longer a State Secret in China?

Since 1999 the Chinese government implemented budget reform measures to streamline administrative processes. The government made considerable technical and process advances in just a few years, includ...

by Julian Wu | On 19 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

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

“Reserve Bank of India Post-Policy Conference Call”

RBI Governor D. Subbarao answering to researchers after publishing the monetary policy. [RBI]. URL:[http://rbidocs.rbi.org.in/rdocs/Content/PDFs/RBIRA27012012.pdf]

by Reserve Bank of India RBI | On 30 Jan 2012

A Study on Emigration Attitudes of Young Singaporeans (2010)

The study examines the intention to work abroad based on a representative sample of young Singaporeans residing in the city-state. Two thousand and thirteen Singaporeans between the age of 19 to 30 ye...

by Leong Chan Hoong | On 27 Jan 2012

Toward a Framework for Implementation of Climate Change Treaty through Self-enforcing Mechanisms

The paper discusses the pros and cons of the already proposed international cooperative mechanisms toward climate change mitigation and highlights the problem of information revelation, particularly...

by Meeta Keswani Mehra | On 27 Jan 2012

Does Budget Transparency Lead to Stronger Human Development Outcomes and Commitments to Economic and Social Rights?

The aim of this paper is to explore the relationship between the quality of the budget process and human development outcomes. It looks in particular at at the relationship between the OBI and human d...

by Sakiko Fukuda-Parr | On 17 Jan 2012

Vital Stats: Parliament in 2011

The year in Parliament was characterised by frequent disruptions and protests over a host of issues. The issue of the establishment of a Lokpal prompted both disruption as well as intense debate. A...

by Rohit Kumar | On 02 Jan 2012

Plan vs. Performance Winter Session – November 22 to December 29, 2011

This note lists the legislative business planned by Parliament and compares it with the actual performance during the Winter Session. [PRS Note]. URL:[http://www.prsindia.org/administrator/uploads/ge...

by Kusum Malik | On 30 Dec 2011

The Lokpal and Lokayukatas Bill, 2011-as passed by Lok Sabha

The bill as passed by Lok Sabha. URL:[http://www.prsindia.org/uploads/media/Lok%20Pal%20Bill%202011/Lokpal%20and%20Lokayuktas%20Bill%20as%20passed%20by%20LS.pdf].

by Parliamentary Research Service PRS | On 28 Dec 2011

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

Consumption Taxes: Their Ramifications for Income Distribution

The distribution effects or incidence of consumption taxes such as the Value Added Tax (VAT), Goods and Services Tax (GST) remains a contentious issue. Three aspects have to be distinguished. First is...

by Parthasarathi Shome | On 13 Dec 2011

Data from State Assemblies: Some trends

How often do our State Assemblies meet? Do MLAs get enough opportunity to scrutinize Bills? Are all budget demands discussed on the floor of the House? PRS studied the work done by 13 State Assemblies...

by Parliamentary Research Service PRS | On 07 Dec 2011

Monetary and Fiscal Policy in the Presence of Informal Labour Markets

How does informality in emerging economies affect the conduct of monetary and fiscal policy? To answer this question two-sector, formal-informal new Keynesian closed-economy is constructed. The inf...

by Nicoletta Batini | On 02 Dec 2011

Legislative Brief: The Lok Pal Bill, 2011

The Bill establishes a body called the Lok Pal. It provides a process for receiving corruption complaints against public servants and investigating and prosecuting these in a time bound manner. The B...

by Kaushiki Sanyal | On 30 Nov 2011

Publishing Construction Contracts as a Tool for Efficiency and Good Governance

Construction is a $1.7 trillion industry worldwide, much of which is linked to publicly financed projects. Outcomes from this financing are frequently suboptimal. Cost and time escalation, as well a...

by Charles Kenny | On 25 Nov 2011

In Search of Growth

With deep crisis weakening potential output growth, the need for an explicit growth policy is emerging most starkly in Japan, the EU and the US. If properly shaped, this will help to consolidate bud...

by Klaus Deutsch | On 21 Nov 2011

Brand India: No Equity for Children

India has embarked upon an economic model driven by the free market incorporating processes of liberalisation, privatisation and globalisation. Our children today live, in what some describe as “Brand...

by HAQ Centre for Child Rights HAQCRC | On 10 Nov 2011

Economic and Financial Developments in Goa

Goa is celebrating the Golden Jubilee Year of its Liberation. The recent economic achievements of the state are highlighted. The economic and financial structure of the state as well as the various fi...

by Deepak Mohanty | On 04 Nov 2011

The Pricing Problem of Public Transport in Kerala

The mainstay of the public transport system in Kerala is the private stage carriages (PSC), the economics of operation of which is the subject of this paper. The long run sustainability of the secto...

by Narayana D | On 28 Oct 2011

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

An Economic Policy and Legal Analysis of The Micro Finance Institutions (Development & Regulation) Bill, 2011

In response to the Second Micro Finance Crisis in Andhra Pradesh, which took place in October 2010, the Ministry of Finance has pro- posed a new Micro Finance Institutions (Development & Regulation) ...

by Shubho Roy | On 17 Oct 2011

From Monasteries to Multinationals (and Back): A Historical Review of the Beer Economy

This article reviews beer production, consumption and the industrial organization of breweries throughout history. Monasteries were the centers of the beer economy in the early Middle Ages. Innovation...

by Eline Poelmans | On 14 Oct 2011

An Empirical Analysis of Monetary and Fiscal Policy Interaction in India

This study analyses the behaviour of monetary and fiscal policies interaction in India using quarterly data for 2000Q2 to 2010Q1. It finds that, even after the elimination of automatic monetisation...

by Janak Raj | On 11 Oct 2011

Urban Transport Sustainability Indicators – Application of Multi-view Black-box (MVBB) Framework

In a recent work Nathan and Reddy (2011a) have proposed a Multi-view Black-box (MVBB) framework for development of sustainable development indicators (SDIs) for an urban setup. The framework is flex...

by Hippu Salk Kristle Nathan | On 10 Oct 2011

Competition for Foreign Capital: Endogenous Objective, Public Investment and Tax

In this paper the objective functions of the regions as well as their decision to provide public investment are endogenized in a model of competition for foreign owned mobile capital. It is demonstra...

by Rupayan Pal | On 04 Oct 2011

User-based Financing of Marine Protection in the Maldives

This paper provides an economic valuation of the recreational uses of atoll-based marine resources in the Republic of the Maldives. A travel demand model to estimate the benefits of atoll-based marin...

by Mahadev G Bhat | On 30 Sep 2011

Civil Service and Military Pensions in India

The New Pension System in India and the progress that has been made since its introduction in 2004 is described. It then identifies the challenges ahead. It also documents the state of military pens...

by Renuka Sane | On 26 Sep 2011

Why Worry about How Many Species and Their Loss?

We are astonishingly ignorant about how many species are alive on earth today, and even more ignorant about how many we can lose yet still maintain ecosystem services that humanity ultimately depen...

by Robert M May | On 19 Sep 2011

Agricultural Productivity and Credit- Issues and Way Forward

Certain trends in agricultural productivity, agricultural finance are outlined. Recommendations for improving agricultural productivity are given here. [Address at The National Seminar on Productivity...

by Chakrabarty K C | On 12 Sep 2011

Plan vs. Performance: Monsoon Session – August 01 to September 08, 2011

This note lists the legislative business planned by Parliament and compares it with the actual performance during the Monsoon Session. URL:[http://www.prsindia.org/administrator/uploads/general/13154...

by Kusum Malik | On 08 Sep 2011

Agricultural Economy of India and Macro-Economic Effects: Some Empirical Results and a Research Agenda based on the Literature

This paper focuses on macroeconomic linkages with agriculture. From an extensive literature review the question that emerges is: is there a structural constraint in Indian agriculture or does Indian...

by Munish Alagh | On 02 Sep 2011

Status of Micro Finance 2009-10

The data presented covers information relating to savings of Self Help Groups (SHGs) with banks as on 31 March 2010, loans disbursed by banks to SHGs during the year 2009-10, loans outstanding of th...

by National Bank for Agriculture and Rural Devt NABARD | On 29 Aug 2011

Infrastructure Investment and Regional Economic Growth: A Case Study of Maharashtra

The study initially reviews the infrastructure facilities for the 33 districts of Maharashtra for one year i.e.1999-2000. Using this, the extent of disparities between these regions is found. Further...

by A M Swaminathan | On 29 Aug 2011

Comparison between the Lokpal Bill introduced in the Lok Sabha and the Jan Lokpal Bill

A note comparing the key features of the Lok Pal Bill, 2011 introduced on August 4, 2011 and the Bill prepared by civil society representatives in the Joint Drafting Committee. URL:[http://www.prsind...

by Parliamentary Research Service PRS | On 26 Aug 2011

The Jan Lokpal Bill, 2011

Bill to establish an independent authority to investigate offences under the Prevention of Corruption Act, 1988 to detect corruption by expeditious investigation and to prosecute offenders and to ensu...

by Parliamentary Research Service PRS | On 26 Aug 2011

The Insider: Parasite or Legitimate Profit-Maker?

In the lore of finance and investing, the insider takes his place alongside embezzlers, frauds, and all other varieties of scam artists. He uses privileged knowledge gained from executive friends tol...

by Mark Miller | On 24 Aug 2011

Tax Devolution and Grant Distribution to States in India Analysis and Roadmap for Alternatives, December 2009

The paper attempts to analyse the impact of devolution of taxes and distribution grants by the Centre to the States in India by taking fourteen major States for the time period 1980-81 to 2006-07. T...

by R. Mohan | On 24 Aug 2011

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

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

by Dhritidyuti Bose | On 08 Aug 2011

Treatment of Valuables as Capital Formation in India: Some Issues and Perspectives

As per UNSNA recommendations, valuables as a separate item had been introduced in the expenditure side of GDP. Since India is one of largest importer and user of gold for various purposes, this trea...

by Rakesh Kumar | On 04 Aug 2011

India’s Low Carbon Inclusive Growth Strategy

This paper reviews India.s low-carbon high growth inclusive policy initiatives, comments on their financial sustainability and environmental sustainability and suggests desirable changes. The focus...

by U. Sankar | On 29 Jul 2011

Pendency of Cases in Indian Courts

The Union Law Minister recently launched the ‘Mission Mode Programme for Reduction of Pendency of Arrears in Courts’. According to media reports, the programme aims to dispose of 40 per cent of the...

by Rohit Kumar | On 15 Jul 2011

Shocks, Economic Growth and the Indian Economy

This paper analyses the impact of domestic and external shocks on the Indian economy. A macro-modelling framework is developed that evaluates the impact of two domestic shocks (rainfall shortfall an...

by B B Bhattacharya | On 15 Jul 2011

Inter-State Imbalances in Essential Services: Some Perspectives

This paper analyzes the inter-state imbalances in three major sectors of the economy, namely, education, health and family welfare, and water supply and sanitation for fifteen major states. It uses...

by C Bhujanga Rao | On 14 Jul 2011

EGoM cleared the Draft National Food Security Bill

The empowered group of ministers on food on Monday approved the draft National Food Security Bill, bringing the ambitious social security programme that guarantees highly subsidized food grains to abo...

by Economic Times ET | On 12 Jul 2011

Barriers to Household Risk Management: Evidence from India

Why do many households remain exposed to large exogenous sources of non-systematic income risk? Why don’t financial markets develop to pool these risks? This paper uses a series of randomized field...

by Shawn Cole | On 06 Jul 2011

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

On Graham’s Theory of Multicountry Multicommodity Trade

Mathematical formulations of Frank D. Graham’s theory of multicountry multicommodity trade have not provided numerical methods for finding the world trade equilibrium. Graham was in possession of su...

by Rajas Parchure | On 27 Jun 2011

Fixed Costs, The Balanced-Budget Multiplier and Welfare

In a two-sector model, where one of the sectors is monopolistically competitive and subject to increasing returns to scale but without love for variety, the effects of a balanced budget fiscal expansi...

by Partha Sen | On 20 Jun 2011

Revenue Potential of Panchayats in Kerala

How much more taxes would it be possible for Panchayats in Kerala to collect? This question is important in deciding the financial allocations to such local governments. Information regarding this m...

by Centre for Development Studies | On 17 Jun 2011

The Financial Crisis of 2008 and the Developing Countries

Following the financial crisis that broke in the US and other Western economies in late 2008, there is now serious concern about its impact on the developing countries. The world media almost daily...

by Wim Naudé | On 13 Jun 2011

Inequality, Growth and Poverty in the Era of Liberalization and Globalization

This policy brief reports the main findings of the study on changes in within-country income inequality over the last two decades and on the links between poverty, inequality, and growth. It focuses o...

by Giovanni Andrea Cornia | On 08 Jun 2011

Budget for Children Analysis: A Beginner's Guide

This toolkit is designed to train individuals and civil society on how to conduct a child centered budget analysis to support their advocacy work and to hold state accoutable for the fulfilment of chi...

by HAQ Centre for Child Rights HAQCRC | On 02 Jun 2011

Moving to Goods and Services Tax in India: Impact on India’s Growth and International Trade

The broad objectives of this study refer to analysing the impact of introducing comprehensive goods and services tax (GST) on economic growth and international trade; changes in rewards to the fac...

by National Council of Applied Economic Research | On 19 May 2011

The Future of Development Finance

Development finance is at a turning point. There is talk about a “triple revolution of goals, actors and tools.” As much of Asia grows its way out of poverty, aid will increasingly be focused on Afr...

by Nemat Shafik | On 13 May 2011

Impact and Sustainability of SHG Bank Linkage Programme

Microfinance programmes are known for their potential to generate income and employment and alleviate poverty in developing countries. They are considered for an important approach to poverty alleviat...

by National Council of Applied Economic Research | On 13 May 2011

The Consolidated Medium-Term Income and Expenditure Framework: Prepared by the Finance Department and the Office of Budget and Planning

This paper updates the Fund’s consolidated income and expenditure outlook from the projections in January 2011. The paper incorporates and extends the income and budget projections in the companion...

by International Monetary Fund | On 13 May 2011

Framework Administered Account for Selected Fund Activities: World Bank Subaccount for Selected Fund Activities

In March 2009, the Fund established a new Framework Administered Account to administer external financial resources for selected Fund Activities (the “SFA Instrument”). The financing of activities u...

by International Monetary Fund | On 12 May 2011

Ministry of Finance and Planning Annual Report

This paper contains the annual report of Ministry of Finance and Planning, Government of Sri Lanka. URL: [http://www.treasury.gov.lk/FPPFM/fpd/pdfdocs/annualreports/annualreport2009-eng.pdf]

by Ministry of Finance and Planning, Govt of Sri Lanka | On 10 May 2011

Budget Speech 2010-2011 (Nepal)

This paper contains the public statement on income and expenditure of Fiscal Year 2010‐11. URL: [http://www.mof.gov.np/publication/speech/2010_1/pdf/budgetspeech_english.pdf]

by Ministry of Finance, Government of Nepal | On 10 May 2011

Statement Delivered by Secretary of the Ministry of Finance

This paper presents the Statement Delivered by Mr. Krishna Hari Baskota, Secretary of the Ministry of Finance in the 44th Annual Meeting of the Board of Governors of the Asian Development in the capa...

by Ministry of Finance, Government of Nepal | On 09 May 2011

Federalism and Fiscal Reform in India

This paper attempts to analyse the experience of incentivising economic reforms at the state level through central transfers to states. It reviews the experiences of the central government introdu...

by M. Govinda Rao | On 09 May 2011

National Budget Making: Bottom Up Approach and Inclusiveness

National Budget of the country is the annual program of the Government's expenditure and income for a fiscal year. In a developing economy like Bangladesh, the national annual budgets reflect the gove...

by Atiur Rahman | On 03 May 2011

Tripura Budget 2011-12

Budget speech of Finance Minister.

by Government of Tripura | On 27 Apr 2011

Find Me the Money: Financing Climate and Other Global Public Goods

In this paper, four categories of existing resource-mobilization options are examined, including (1) transportation levies; (2) currency and financial transaction taxes; (3) capitalization of IMF S...

by Nancy Birdsall | On 21 Apr 2011

Himachal Pradesh Budget 2011-12

Budget Speech of the Finance Minister. URL: [http://admis.hp.nic.in/budget/Aspx/Anonymous/pdf/FS_Eng_2011.pdf]

by Himachal Pradesh Government of India | On 20 Apr 2011

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

Maharashtra Budget 2011-2012 Part II

Maharashtra Budget Part II

by Maharashtra Government | On 18 Apr 2011

Maharashtra Budget 2011-2012 Part I

Part I of the Budget speech by Finance Minister

by Maharashtra Government | On 18 Apr 2011

Financial Transactions Taxes

This paper attempts to address both theoretical and practical considerations for a tax such as financial transactions taxes (FTT). It includes examples of FTT in the wider context, for example, on sto...

by Parthasarathi Shome | On 18 Apr 2011

A Policy Reponse to the Indian Micro-finance Crisis

Recent events in India have brought a fresh focus upon the problem of regulation in the field of micro-finance. This paper delineates the three distinct aspects where government needs to play a role...

by Renuka Sane | On 13 Apr 2011

Our Tahrir Square

The government has alienated the public through months of scandal on a scale not seen till now. URL:[http://www.business-standard.com/india/news/t-n-ninan-our-tahrir-square/431532/]

by T.N. Ninan | On 13 Apr 2011

Financial Regulatory Harmonization in East Asia: Balancing Domestic and International Pressures for Corporate Governance Reforms

Focusing on corporate governance, which many see as a critical part of the 1997 Asian financial crisis, and which is also seen as unresponsive to calls for change, this paper argues that such harmoniz...

by Richard W Carney | On 12 Apr 2011

How to Read the Budget

This note is intended as a brief guide on how the budget papers are organised, and how to find the exact information that a reader wants (expenditure on a particular scheme of interest, or total budge...

by Avinash Celestine | On 12 Apr 2011

Economic Survey 2010-11

This paper contains the economic survey report for the state of Haryana. URL: [http://web1.hry.nic.in/budget/Economic%20Survey%202010-11.pdf]

by Haryana Government | On 06 Apr 2011

Budget Speech

This paper presents the annual budget of the Goa Government containing the Annual Financial Statement. URL: [https://www.goa.gov.in/portalweb/login/budget_2011-12/speech.pdf]

by Goa Government | On 06 Apr 2011

Deficit Fundamentalism vs Fiscal Federalism: Implications of 13th Finance Commission’s Recommendations

The important recommendations of the Thirteenth Finance Commission (THFC) can be categorised under the following heads: • Enhanced vertical devolution from 30.5 to 32 per cent of divisible pool of ...

by Pinaki Chakraborty | On 31 Mar 2011

Budget 2011-12, Delhi

Budget speech by finance minister. URL: [http://delhi.gov.in/wps/wcm/connect/21d1f280463783518436871b84a2a7b0/CM+Speech+-+PRINT.pdf?MOD=AJPERES].

by Government of Delhi | On 30 Mar 2011

Delhi Fails to Protect its Children

Can Delhi really hold its head high when it cannot even protect its own children? URL: [http://www.haqcrc.org/sites/default/files/Delhi%20Fails%20to%20Protect%20its%20Children_BfC%202011-12(2).pdf]

by HAQ Centre for Child Rights HAQCRC | On 30 Mar 2011

Budget 2011-12, Meghalaya

Budget 2011-12 presented by the Finance Minister.

by Government of Meghalaya Govt | On 28 Mar 2011

Parliament Session Wrap: Budget Session – February 21 to March 25, 2011

Nine legislative Bills were introduced during the session. Five Bills were passed and one Bill was withdrawn during the session. Several hours were lost due to interruptions on the issues of appointme...

by Kusum Malik | On 28 Mar 2011

Cabinet Approves Bill to Protect Children Against Sexual Crimes

The Union Cabinet on Thursday approved a watershed bill to protect children below the age of 16 against sexual offences, aimed at speedy trail through special courts and having a legal regime at par w...

by Chetan Chauhan | On 26 Mar 2011

Economic Survey, 2010-11, Maharashtra

State income, public finances, agriculture and animal husbandry, education, health, population etc are given importance in the economic survey. URL: [http://mahades.maharashtra.gov.in/files/publicatio...

by Maharashtra Government | On 23 Mar 2011

Reforming Indirect Taxes in India : Role of Environmental Taxes

Extensive reforms of India's indirect taxes at the central and the state levels has prepared the necessary ground for the implementation of a comprehensive goods and services tax (GST). The Empowere...

by D K Srivastava | On 23 Mar 2011

Issues Before the Eleventh Finance Commission: Presented and Discussed at the Seminar on The Issues Before the Eleventh Finance Commission

In their tasks to fulfill their constitutional obligations, the Eleventh Finance Commission have to face and solve two broad group of issues. The first relates to the basic principles that ought to go...

by Chelliah Raja J | On 21 Mar 2011

Do Interest Rates Matter? Credit Demand in the Dhaka Slums

The advent of microfinance lending in the last two decades has been hailed as a key development in the fight against poverty. The New York Times (1997), for example, on its editorial page, has promote...

by Rajeev Dehejia | On 17 Mar 2011

Sri Lanka Budget 2011-12

Budget speech by Finance Minister.

by Ministry of Finance and Planning Sri Lanka | On 17 Mar 2011

Budget 2011-12, Punjab

Budget speech by Finance minister. URL:[http://punjabgovt.nic.in/departments/Budget/budget/budget.htm].

by Government of Punjab | On 16 Mar 2011

Cambodia enters the WTO: Lessons learned for Least Developed Countries

The Government of the Kingdom of Cambodia applied for accession to the World Trade Organization in October 1994. At its meeting on 21 December 1994, the Preparatory Committee for the WTO establishe...

by Sok Siphana | On 16 Mar 2011

Budget 2011-12, Rajasthan

Budget speech by Finance minister. URL:[http://www.finance.rajasthan.gov.in/speech/budget2011.shtm].

by Rajasthan Government | On 15 Mar 2011

Track Record of Microfinance for the Poor

Major investments have been made in developing microfinance in Asia with reducing poverty as one of the frequently stated objectives. A variety of institutional forms of microfinance are being introdu...

by Richard Meyer | On 14 Mar 2011

The Miracle of Microfinance? Evidence from a Randomized Evaluation

Microcredit has spread extremely rapidly since its beginnings in the late 1970s, but whether and how much it helps the poor is the subject of intense debate.This paper reports on the first randomize...

by Abhijit Banerjee | On 10 Mar 2011

Budget Impact on Various Sectors

Budget reactions from various sectors

by Leena Chandan | On 09 Mar 2011

Gender Responsive Budgeting: The Case of Kerala

This paper we make an attempt to understand and analyze the budget from a gender perspective. The paper looks into the different areas of allocations, how far it is ‘pro woman’ budget or a ‘gender re...

by Aleyamma Vijayan | On 08 Mar 2011

Budget for Gender Equity

The budgetary policy of the Government has a major role to play in achieving objectives of gender equality and growth through content and direction of Fiscal and Monetary Policies, measures for r...

by Government of India Ministry of Women and Child Development | On 08 Mar 2011

Brihanmumbai Municipal Corporation (BMC) Gender Budget 2011-12

The Corporation has decided to implement various schemes for females within the framework of its obligatory and discretionary functions as laid down in the M.M.C. Act. A step towards it, is a separat...

by Municipal Commissioner BMC | On 07 Mar 2011

Panchayats and Economic Development

The objective of this study is to review the analytical literature on the relationship between decentralisation and development, bring out the impact of decentralisation on economic development from...

by M.Govinda Rao | On 07 Mar 2011

Union Budget 2011-12: High Growth Not Reflected in Public Spending

With shrinking public spending, State’s health care concerns are specious. The rise in allocations on the health sector will only have limited impact on its efficiency and availability.

by Ravi Duggal | On 06 Mar 2011

Budget 2011-12 High Growth Not Reflected in Public Spending

With shrinking public spending, State’s health care concerns are specious. The rise in allocations on the health sector will only have limited impact on its efficiency and availability.

by Ravi Duggal | On 06 Mar 2011

Madhya Pradesh Budget 2011-12

Budget speech by Finance Minister. URL: [http://www.mp.gov.in/finance/index.htm].

by Madhya Pradesh Government | On 04 Mar 2011

Orissa Budget 2011-2012

This paper contains the budget speech of Sri Prafulla Chandra Ghadai, Minister Finance, in the Orissa Legislative Assembly on the occasion of presentation of budget for the year 2011-2012. URL: [http:...

by Government of Orissa | On 03 Mar 2011

No Protection for the AamBachcha

Despite some commendable efforts and achievements of the Indian state, it is an explicit fact that the majority of children in India are suffering, deprived of basic resources and needs for an average...

by HAQ Centre for Child Rights HAQCRC | On 01 Mar 2011

BMC Budget 2011-12

Budget presented to Municipal Commissioner

by Municipal Commissioner BMC | On 01 Mar 2011

Budget 2011-2012

Budget speech 2011-2012 by Pranab Mukherjee.

by Pranab Mukherjee | On 01 Mar 2011

Sarva Shiksha Abhiyan, GOI 2010-11

Using government data, this brief reports on Sarva Shiksha Abhiyan (SSA) performance along the following parameters: a) Overall trends in allocation and expenditures, b) Expenditure performance across...

by Avani Kapur | On 26 Feb 2011

Indian Railway Budget 2011-12

Railway Budget 2011-12.

by Mamata Banerjee | On 25 Feb 2011

Andhra Pradesh: Budget Speech 2011-2012

The Budget Speech by the State Finance Minister tabling the Finance Bill asserted that all welfare programmes like Rs.2 per KG rice, free power supply to the farmers, Rajiv Arogyasri, old age pensions...

by Sri Anam Ramanarayana Reddy | On 25 Feb 2011

Will it be Different this Time?

All proposals and policy measures in the forthcoming Budget may best be summed up as efforts to improve the sustainability of growth. Specific objectives are likely to be lowering inflation and defici...

by IRIS India IRIS | On 22 Feb 2011

Measuring Accuracy of Projections of Central Taxes by the Finance Commission

This paper looks at the quality of forecasts/assessments made by some of the recent Finance Commissions for the shareable central taxes and own tax revenues of selected states. The Commissions cover...

by D K Srivastava | On 22 Feb 2011

Budget Manual

The Budget process of India predates the independence. The Budget was first introduced on 7th April, 1860, two years after the transfer of Indian administration from East-India Company to British Crow...

by Ministry of Finance | On 22 Feb 2011

Budget Expectations

Budget expectations from various sectors are given. URL:[ http://www.myiris.com/newsCentre/storyShow.php?fileR=20110217120638043&secID=fromnewsroom&secTitle=From the News Room&dir=2011/02/17].

by IRIS India IRIS | On 21 Feb 2011

Open Budget Survey 2010

The Open Budget Survey is the only independent and comparative measure of government budget practices, with its rigorous approach receiving substantial praise from international public finance experts...

by Vivek Ramkumar | On 17 Feb 2011

Mixed Duopoly and Environment

They show under general demand and cost conditions that in a mixed duopoly with pollution the government can (and will) implement the socially optimal outputs and abatements by a tax-subsidy scheme...

by Rupayan Pal | On 16 Feb 2011

Sustainability of External Development Financing to Developing Countries

External development finance consists of those foreign sources of funds that promote or at least have the potential to promote development in the destination countries if delivered in the appropriate...

by Matthew Odedokun | On 14 Feb 2011

Tamil Nadu Budget Speech

Tamil Nadu Budget Speech of the Finance Minister.

by Government of Tamil Nadu | On 14 Feb 2011

Kerala Budget 2011-12

The Minister for Finance, Dr. T. M. Thomas Issac presented the Budget for the financial year 2011-2012.

by Government of Kerala Govt | On 14 Feb 2011

Indian Economy: Selected Methodological Advances

This paper develops tools to examine selected major issues in the Indian economy. The study computes the potential growth rate of the economy and the agricultural sector, extends the analysis of fisca...

by Mathew Joseph | On 11 Feb 2011

Democracy and Decentralisation: a Study of Local Budgets in two Districts of Karnataka

The aim of this paper is to study the devolution of finances in Karnataka. For facilitating the study the budgets of Zilla Panchayats of four districts are analyzed and also development of these regio...

by A. Indira | On 07 Feb 2011

The Global Financial Crisis and Macroeconomic Policy Issues in Asia

The purpose of this policy brief is to draw lessons from the recent and ongoing macroeconomic policy experience of Asia’s economies. To do so, in each of three policy areas (monetary, fiscal, and e...

by Shinji Takagi | On 04 Feb 2011

India’s Fiscal and Monetary Framework: Growth in An Opening Economy

Since a crisis is a shock impinging on a system, the response can be used to deduce aspects of the system’s structure. Analysis of the crisis and recovery suggests aggregate supply in India is elasti...

by Ashima Goyal | On 01 Feb 2011

Conditionality and Endogenous Policy Formation in a Political Setting

The paper examines two issues associated with aid and fiscal policy. First, how best the conditionality behind foreign aid, sometimes non-economic, is complied within a principal-agent framework. In...

by S Mansoob Murshed | On 01 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

Open Budgets. Transform Lives: The Open Budget Survey 2010

Budget transparency has become central to a number of international development discourses, ranging from the financing of climate change mitigation, to country- level actions to meet interna...

by International Budget Partnership IBP | On 30 Jan 2011

Report of the Sub-Committee of the Central Board of Directors of Reserve Bank of India to Study Issues and Concerns in the MFI Sector

While this growth is impressive, a number of studies both in India and abroad have questioned whether growth alone is effective in addressing poverty and what the adverse consequences of a too rapid g...

by Reserve Bank of India | On 30 Jan 2011

India's Low Carbon Inclusive Growth Strategy

India’s low carbon inclusive growth strategy is framed in the context of  multiple goals and its national circumstances. In many cases, co­benefits  such as energy security, universal access to cl...

by U. Sankar | On 28 Jan 2011

Remittances and Financial Inclusion in Development

In this paper they focus on the relationship between remittance inflows and financial inclusion in developing countries. They present single equation estimates on remittances and financial inclusi...

by Helen S. Toxopeus | On 21 Jan 2011

Postconflict Countries: Strategy for Rebuilding Fiscal Institutions

This paper reviews the challenges and experiences in rebuilding fiscal institutions in postconflict environments, based on advice from the IMF’s Fiscal Affairs Department to selected countries. Th...

by Sanjeev Gupta | On 20 Jan 2011

Designing Economic Instruments and Participatory Institutions for Environmental Management in India

This paper examines the possibility of using economic instruments, especially pollution taxes and bargaining approaches, as a means to encourage or improve people's participation in environmental mana...

by N.M. Murty | On 13 Jan 2011

Evolution of India’s Exchange Rate Regime

The paper analyzes the changing INR trends over the reform period, in the context of fundamental determinants of exchange rates. [WP-2010-024].

by Ashima Goyal | On 13 Jan 2011

Foreign Direct Investment in Small Island Developing States

The role of foreign direct investment (FDI) in small island developing states (SIDS) is an issue that has been neglected until relatively recently. The reasons for this lack of interest are unsurp...

by Robert Read | On 12 Jan 2011

Economic Reforms and Infrastructure Spending: Evidence from China and India

This paper examines the country specific effect of policy reform on infrastructure spending in China and India. In China we have examined how marketization and decentralization has affected the co...

by Pinaki Chakraborty | On 10 Jan 2011

Impact of Char Development and Settlement Project on Improving the Livelihood of Char Dwellers

The Char Development and Settlement Project (CDSP) was a joint initiative of the Embassy of the Kingdom of the Netherlands and the Government of Bangladesh to achieve sustainable livelihood developm...

by Wameq Raza | On 10 Jan 2011

The Report of the Thirteenth Finance Commission Conundrum in Conditionalities

The focus of this paper is to examine the approach of the Commission in regard to its Terms of Reference (ToR) and analyse the recommendations relating to its main task, namely tax devolution and gr...

by M Govinda Rao | On 07 Jan 2011

Monetary Policy, Capital Flows, and the Exchange Rate

The use of monetary policy in India has been constrained by a loose fiscal policy and capital flows. Capital inflows have the potential to cause a Dutch Disease-type situation. The RBI has carried out...

by Partha Sen | On 06 Jan 2011

Financing SMEs and its Effect on Employment Generation: A Study of Brac Bank’s SME Lending

Financial and development assistance designed specially for small and medium enterprises in Bangladesh is a new and upcoming trend. After the surge of micro-finance in the last two decades, small and...

by Mehnaz Rabbani | On 05 Jan 2011

Monetary Policy Considerations after the Crisis: Practitioners’ Perspectives

Economic stability can be seen as an essential component of any strategy for inclusive development. To the extent that central banks play a role in providing that stability, the experience of the cris...

by Subir Gokarn | On 21 Dec 2010

Integration of the Ultra Poor into Mainstream Development: How Effective is CFPR?

This paper aimed to understand the dynamics of participation of the TUP (Targeting the Ultra Poor) members of CFPR (Challenging the Frontiers of Poverty Reduction) phase I in the financial market sin...

by Raniya Shams | On 16 Dec 2010

The Future of Financial Liberalization in South Asia

The paper defines financial liberalization, distinguishing between liberalization of domestic financial markets and capital account convertibility. It then examines the stages and the strategy of Ind...

by Ashima Goyal | On 14 Dec 2010

Venture Capital and Micro-finance Instituted Business Plan for a School Edupreneur

The report is a study of possibilities for the institutionally disabled entrepreneurs to raise capital from private players like venture capitalists and micro-finance institutions.

by Mallika Chawla | On 13 Dec 2010

Policy Principles for Expanding Financial Access

Despite the rapid growth in finance worldwide over the past quarter- century—now interrupted by the global financial crisis—many low-income households and small firms remain excluded from access to...

by Centre for Global Development | On 10 Dec 2010

Preventing Odious Obligations: A New Tool for Protecting Citizens from Illegitimate Regimes

This report sets out a way to prevent an all-too-common form of theft from some of the world’s poorest people. An illegitimate, unelected regime signs a contract with a foreign agent, handing ov...

by Centre for Global Development | On 10 Dec 2010

When index dissemination goes wrong: How fast can traders add and multiply?

This paper studies an episode of dissemination of wrong stock index values in real time due to a software bug in the Indian Nifty index futures market on the morning of January 18, 2006. The episod...

by Jayanth R Varma | On 01 Dec 2010

Economic Growth and Financial Depth: Is the Relationship Extinct Already?

Although the finance–growth nexus has become firmly entrenched in the empirical literature, studies that question the strength of the empirical results have appeared and seem to have become more f...

by Peter L. Rousseau | On 26 Nov 2010

The Composition of Aid and the Fiscal Sector in an Aid-Recipient Economy: A Model

Building on recent work in the fiscal response literature, the present paper develops a new fiscal response model, which, for the first time in the relevant literature, combines the ideas of both en...

by George Mavrotas | On 24 Nov 2010

Budget for Children: A Summary Report 2004-05 to 2008-09

The study, offers a review of the Union Budget as well as the budgets of six states – Andhra Pradesh, Assam, Himachal Pradesh, Orissa, Uttar Pradesh and West Bengal- for a five year period of 2004-05...

by HAQ Centre for Child Rights HAQCRC | On 23 Nov 2010

Environmental Taxation and Revenue for Development

This paper considers the role of global environmental taxes both as instruments for improving the global environment and as a source of revenue for funding economic development. It reviews the gene...

by Agnar Sandmo | On 22 Nov 2010

Fiscal Effects of Aid

It is clear from the implications of growth theory that the impact of aid depends on how it affects savings, investment and government behaviour. In respect of low-income countries, which are the pr...

by Mark McGillivray | On 19 Nov 2010

India's Twelfth Finance Commission:A View from Kerala

The focus of the paper is to review the Terms of Reference (TOR) of the Twelfth Finance Commission with special reference to Kerala. It also critically examines the emphasis on fiscal deficit reduct...

by K. P. Kannan | On 18 Nov 2010

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

Social Responsibility of Indian Microfinance: A Critical Review

This paper discusses the issue of social responsibility of Indian microfinance using two theoretical streams from business social responsibility research – stakeholder theory and social contract the...

by Tara S Nair | On 15 Nov 2010

Fiscal Policy in a Growth Framework

This paper assesses recent theorising and empirical evidence on the impact of fiscal policy—taxes, public expenditures and budget deficits—on long-run growth. It considers the relevance of recent ad...

by Norman Gemmell | On 12 Nov 2010

Fiscal Policy Design in Low-Income Countries

For many low-income countries, there has been an extended period in which fiscal policy was not a choice, or was a choice made by authorities external to the country. For a number of them, this situ...

by Christopher S. Adam | On 12 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 Financial Crisis, Rethinking of the Global Financial Architecture, and the Trilemma

This paper extends their previous paper (Aizenman, Chinn, and Ito 2008) and explores some of the unexplored questions. First, they examine the channels through which the trilemma policy configurations...

by Joshua Aizenman | On 08 Nov 2010

Does Partial Privatization Improve the Environment?

This paper shows that, in case of differentiated products mixed duopoly, environmental damage increases (decreases) with the level of privatization, if the level of privatization is less (more) than ...

by Rupayan Pal | On 03 Nov 2010

Estimation of Tax Leakage and its Impact on Fiscal Health in Kerala

This paper is an attempt to analyse the tax leakage in the broader context of fiscal crisis in Kerala, highlighting the relationship between the two. Tax leakage by causing a revenue drain may adver...

by Rakhe PB | On 27 Oct 2010

India's 1990-91 Crisis: Reforms, Myths and Paradoxes

For most people the story of Indian reforms starts in the nineties, following the BOP crisis of 1990-91. There was a detectable increase in the rate of growth of the Indian economy in the 1980s aris...

by Arvind Virmani | On 26 Oct 2010

Transforming the North-East: Tackling Backlogs in Basic Minimum Services and Infrastructural Needs

The Prime Minister's economic package and offer of unconditional talks announced on the occasion of his visit to the Northeast last October has aroused great expectations in the Region. The conseque...

by Planning Commission | On 21 Oct 2010

Fiscal Developments and Outlook in India

The paper identifies those elements in the configuration of fiscal parameters confronting the country that give cause for concern, and examines whether the fiscal reform measures taken address these...

by Indira Rajaraman | On 20 Oct 2010

Emerging Market Economies Leading Global Growth

The three issues laid out in today’s agenda are particularly relevant at this juncture and how we answer them in the months ahead will determine how the world regains and then sustains economic grow...

by Duvvuri Subbarao | On 18 Oct 2010

China, India, Brazil and South Africa in the World Economy: Engines of Growth?

This paper attempts to analyse the economic implications of the rise of China, India, Brazil and South Africa, for developing countries situated in the wider context of the world economy. It exami...

by Deepak Nayyar | On 15 Oct 2010

Fiscal Policy in the Crisis: Impact, Sustainability, and Long-Term Implications

The global economic and financial crisis has sparked an unprecedentedly large, generalized fiscal policy response in practically all major industrial and emerging economies, which will change the fi...

by Pier Carlo Padoan | On 15 Oct 2010

The Global Economic Crisis: An Opportunity for Strengthening Asia’s Social Protection Systems?

The current global economic crisis has led to greater prominence for the issue of strengthening social protection systems in Asia. This paper analyzes the key factors determining and the possible aven...

by Mukul G. Asher | On 12 Oct 2010

Applying the Lessons of Asia: The IMF’s Crisis Management Strategy in 2008

The paper examines the recent European crisis management programs of the International Monetary Fund (IMF) to see how the lessons of Asia were applied. Compared to the Asian programs of 1997, the Euro...

by Shinji Takagi | On 11 Oct 2010

Taxing Powers and Developmental Role of the Indian States: A Study with Reference to Kerala

The study analyses whether the growing State Domestic Product (SDP) of Kerala since the latter half of the 1980s, has acted as a larger resource base for the State and finds that it has not. While...

by R. Mohan | On 08 Oct 2010

Fiscal Policy Issues in Korea after the Current Crisis

This paper examines fiscal policy issues in the Republic of Korea (hereafter Korea) after the 2009 global financial crisis, including the timing of fiscal policy responses, the effectiveness of expans...

by Kiseok Hong | On 07 Oct 2010

Fiscal Management in Haryana: A Review

An attempt has been made to understand the factors leading to the worsening situation of the state finances. Investigations reveal that the revenue receipts of the state could not keep pace with ex...

by N K Bishnoi | On 05 Oct 2010

India as a Global Leader in Science: A Vision for India

In the next two decades, India is likely to become an economically prosperous nation and move significantly towards being a far more inclusive society, with the bulk of its population gaining acces...

by Science Advisory Council to PM SAC to PM | On 01 Oct 2010

Commodity Taxation and Social Welfare : The Generalised Ramsey Rule

Commodity taxes have three distinct roles: (1) revenue collection, (2) interpersonal redistribution, and (3) resource allocation. The paper presents an integrated treatment of these three concerns...

by David Coady | On 01 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

The ASEAN Services Sector and the Growth Rebalancing Model

The growth rebalancing model, which places the nontradable services sector on center stage, is important to spur on faster growth in this sector and tap its potential to become another engine of growt...

by Rafaelita M. Aldaba | On 29 Sep 2010

Fiscal Policy Issues for India after the Global Financial Crisis (2008–2010)

The need for fiscal consolidation and sustainability is one of the key macroeconomic issues confronting Indian economy. This paper attempts to understand India’s current fiscal situation, its likely f...

by Rajiv Kumar | On 28 Sep 2010

Tackle the inflows

An issue that has attracted surprisingly little notice is the size and growth of the trade deficit. Even more worrisome is the flat trajectory for exports — which escapes notice because comparisons ar...

by T.N. Ninan | On 24 Sep 2010

Poverty and Vulnerability in Rural China: Effects of Taxation

This paper studies the impact of taxation on poverty and ex ante vulnerability of households in rural China based on national household survey data in 1988, 1995 and 2002. It has been confirmed that...

by Katsushi S. Imai | On 21 Sep 2010

Evasion at the top

The government gave out some interesting numbers on Monday. The revenue secretary told a news conference that nearly 96 per cent of the 32.5 million who pay income tax reported a taxable income of und...

by T.N. Ninan | On 14 Sep 2010

Fiscal Consolidation with High Growth A Policy Simulation Model for India

In this paper a fiscal consolidation program for India has been presented based on a policy simulation model that enables us to examine the macroeconomic implications of alternative fiscal strateg...

by Sudipto Mundle | On 09 Sep 2010

Economic Governance of MFIs: Inside the Black Box

This paper investigates a relationship between economic governance and the dual objectives of Microfinance Institutions (MFIs): poverty reduction and financial viability. Using an unbalanced pan...

by Thankom Arun | On 06 Sep 2010

Direct Taxation of Agriculture

Extension of the wealth tax to agriculture, it will be recalled, was opposed on the ground that it would hurt even the small and medium-sized farmers. This argument was advanced...

by K. N. Raj | On 01 Sep 2010

'Follow the money'

This editorial is about understanding the mining business in the state of Orissa by following the money.

by T.N. Ninan | On 30 Aug 2010

Moving to Goods and Services Tax in India: Impact on India’s Growth and International Trade

The differential multiple tax regime across sectors of production leads to distortions in allocation of resources thus introducing inefficiencies in the sectors of domestic production. With regard t...

by Rajesh Chadha | On 12 Aug 2010

Fertility, Female Labor Supply and Public Policy

Historically, in virtually all developed economies there seems to be clear evidence of an inverse relationship between female labor supply and fertility. However, particularly in the last decade or...

by Patricia Apps | On 10 Aug 2010

'Cause I'm the taxman

This piece is a discussion of the pros and cons of incomes tax, and the people who administer it, initiated on the occasion of Income Tax Day.

by T.N. Ninan | On 03 Aug 2010

Sand in the Wheels of International Finance: Revisiting the Debate in Light of the East Asian Mayhem

The turmoil that has characterised the global financial markets since the 1990s, and particularly the crisis in East Asia, has generated a great deal of support for proposals to add some frictions t...

by Ramkishen Rajan | On 21 Jul 2010

Designing Economic Instruments and Participatory Institutions for Environmental Management in India

This paper examines the possibility of using economic instruments, especially pollution taxes and bargaining approaches, as a means to encourage or improve people’s participation in environmental ma...

by M.N. Murty | On 19 Jul 2010

The State of the Indian Economy 2009-10

Despite signs of recovery from the global financial crisis, the GDP growth rate for the Indian economy is likely to be between 5.8 to 6.1 per cent in 2009-10, below the 6.7 per cent recorded in fisc...

by Mathew Joseph | On 14 Jul 2010

Privacy, time consistent optimal labor income taxation and education policy

Incomplete information is a commitment device for time consistency problems. In the context of time consistent labour income taxation privacy can lead to a Pareto superior outcome and increases the ef...

by Kai A. Konrad | On 09 Jul 2010

Fiscal Responsibility and Budget Management Bill 2000

The paper provides information about the Fiscal Responsibility and Budget Management Bill and also discuses some issues related to this bill.

by Shruti Rajagopalan | On 06 Jul 2010

Microfinance Engagements of the ‘Graduated’ TUP Members

This study takes a look at the beneficiaries who were selected at the first round in 2002 to explain various dimensions of their engagement with microfinance. With a lower borrower-member ratio and re...

by Munshi Sulaiman | On 02 Jul 2010

Sex Workers and Condom Use-the Political Economy of HIV/AIDS in Bangladesh

A study was undertaken in Madaripur brothel to understand condom use reality within the social context of the commercial sex workers' (CSW) lives in brothel and to critically analyze BRAC's HIV/AIDS...

by Raihana Karim | On 29 Jun 2010

The Distributive Impact of Reforms in Credit Enforcement: Evidence from Indian Debt Recovery Tribunals

It is generally presumed that strengthening the legal enforcement of lender rights increases credit access for all borrowers, by expanding the set of incentive compatible loan contracts. This presu...

by Ulf Lilienfeld Toal | On 28 Jun 2010

Industrial Tariffs and South Asia I Interpreting for Development

This paper analyses one of the most contentious issues in ongoing negotiations on Non-Agricultural Market Access (NAMA) under the purview of the World Trade Organisation (WTO): the tariff reduction mo...

by Prabhash Ranjan | On 22 Jun 2010

Aid, Debt Relief and New Sources of Finance for Meeting the Millennium Development Goals

The Millennium Development Goals (MDGs) have lofty expectations regarding the impact of official development aid. Are these expectations valid? This paper surveys the literature on aid and growth...

by Tony Addison | On 21 Jun 2010

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

Impact Assessment of CFPR/TUP: A Descriptive Analysis Based on 2002-2005 Panel Data

This paper looks at the overall performance of the CFPR/TUP programme using the 2002 baseline survey and 2005 repeat survey. All the topics covered in this study could be analysed more deeply, but tha...

by Mehnaz Rabbani | On 15 Jun 2010

Wine Industry in Maharashtra: An Analysis

Two of the countryʹs biggest grape-producing districts, Nasik and Sangli, are in Maharashtra; 20,000 hectares of vineyards here grow more than one lac tons of grapes a year. As much as 99 per ce...

by Sudipto Mitra | On 15 Jun 2010

Restraints On Capital Flows: What Are They?

Though there has been much general debate recently about the pros and cons of capital controls, there remains substantial confusion and uncertainty about what exactly is entailed by the term ‘restra...

by Ramkishen Rajan | On 11 Jun 2010

Providing Microfinance and Social Space to Empower Adolescent Girls: An Evaluation of BRAC’s ELA Centres

Lately there has been a surge in the variety of approaches to assist the adolescents, specially the girls, in building up their lives and livelihoods. With financial assistance from Nike Foundation,...

by Rizwana Shahnaz | On 10 Jun 2010

Commercialisation of Microfinance in India: A Discussion on the Emperor’s Apparel

The paper looks at the growth and commercialization of microfinance in India. It starts out be looking at how the commercial microfinance has evolved internationally by discussing two specific ex...

by M S Sriram | On 08 Jun 2010

Affordability to Finance Poverty Reduction Programmes

This paper addresses the question of affordability to finance poverty reduction programs in a dynamic context. In doing so, it stresses the need for approaching the problem from a human rights perspec...

by Omar Haider Chowdhury | On 04 Jun 2010

The (Indispensable) Middle Class in Developing Countries; or, The Rich a the Rest, Not the Poor and the Rest

In this paper an argument is made that the concept of inclusive growth should go beyond the traditional emphasis on the poor (and the rest) and take into account changes in the size and economic c...

by Nancy Birdsall | On 31 May 2010

All the PM's men

In this article TN Ninan looks at the how the 15 economic ministers have performed. He starts with the finance minister whose record seems very patchy as he has not been able to deal with inflation an...

by T.N. Ninan | On 27 May 2010

Urban Governance and Finance in India

Over 330 million people live in India’s cities; 35 cities have a population of over a million and three (Mumbai, Delhi, and Kolkata) of the 10 largest metropolises in the world are in India. India’s...

by M. Govinda Rao | On 21 May 2010

Budget 2010-11, Rajasthan

Budget presented by the government of Rajasthan 2010-11.

by Rajasthan Government | On 22 Mar 2010

Kerala Budget 2010-11

Budget speech by finance minister Dr. Thomas Issac

by Government of Kerala Govt | On 05 Mar 2010

Karnataka Budget 2010-11

Budget speech by finance minister of Karnataka

by Government of Karnataka GoK | On 05 Mar 2010

Now for the Hard Part

Cutting the deficit this year was the easy part; the real fiscal challenge lies ahead

by T.N. Ninan | On 03 Mar 2010

Children not included in "Inclusive‟ Budget: Where is the "Aam Bachcha” in the Budget, Mr FM?

Finance Minister’s Pranab Mukherjee’s “inclusive” Budget 2010-11 does not include children, who are over 42 per cent of the population. Out of every rupee spent in the budget, he has allotted only 4.6...

by HAQ Centre for Child Rights HAQCRC | On 02 Mar 2010

Budget 2010-2011

Budget speech 2010-2011 by Pranab Mukherjee

by Pranab Mukherjee | On 26 Feb 2010

Railway Budget 2010-11

Railway Budget 2010-11.

by Mamata Banerjee | On 25 Feb 2010

Escaping Chronic Poverty Through Economic Growth

The paper discusses the participation of poor participate in growth, and how different forms of growth connect to poverty. Also the paper discusses important policy levers, in relation to agriculture,...

by Chronic Poverty Research Centre CPRC | On 18 Feb 2010

Tax Devolution and Grant Distribution to States in India Analysis and Roadmap for Alternatives

The paper attempts to analyse the impact of devolution of taxes and distribution grants by the Centre to the States in India by taking fourteen major States for the time period 1980-81 to 2006-07. T...

by R Mohan | On 15 Feb 2010

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

Dilli Sarkar’s Advertisement Expenditure: Information or Publicity?

To find out whether our government is spending an astronomical amount of taxpayer’s money publicising itself rather than disseminating information, facts and figures were assimilated. By tracking f...

by Kumar Gaurav | On 29 Jan 2010

Towards A Competitive Economy: VAT and Customs Duty Reform

In this paper the issue of indirect tax reform, with a special focus on customs duty reform is examined. [WP]

by Arvind Virmani | On 28 Jan 2010

Assessing the Fiscal Capacity of Indian Governments

The record of different post reform governments in meeting their targets and improving both delivery and finances is assessed. A variety of indices are constructed, and consistency checks devised to m...

by Ashima Goyal | On 27 Jan 2010

Where Are India’s International Reserves Invested?

Most standard indicators suggest that India’s reserve stock is more than adequate. The rapid stockpiling of foreign exchange reserves implies that the RBI has been leaning-against-the-wind to keep dow...

by Ramkishen S. Rajan | On 25 Jan 2010

Microfinance and the Millennium Development Goals in Pakistan: Impact Assessment Using Propensity Score Matching

Using data from a survey of clients of a microfinance bank, Khushhali Bank, in 2005, the study revisited the survey data and found that despite the Bank’s strict poverty-targeting program used in cl...

by Sununtar Setboonsarng | On 25 Jan 2010

Book Review: Microfinance-Is it a means of Empowering Women?

Multiple Meanings of Money: How Women See Microfinance by Smita Premchander, V. Prameela, M. Chidambaranathan, L. JeyaseelanSage publication, 2009, Pp 264, Rs. 595/-

by Sanchita Das | On 20 Jan 2010

Japan’s Foreign Direct Investment Experiences in India: Lessons Learnt from Firm Level Surveys

The paper first gives a brief history and comparison of Japanese foreign direct investment into India and other Asian countries, highlighting the fact that Japanese investment into India is quite lo...

by Srabani Roy Choudhury | On 19 Jan 2010

Obstacles to Private Power Investments in India

This paper aims to highlight the critical importance of cost recovery in attracting and sustaining private investment for power development. Based on a brief review of Indian experience, it suggests...

by Vishvanath V. Desai | On 24 Dec 2009

Accounting for Results: Ensuring Transparency and Accountability in Financing for Climate Change

This brief seeks to address questions on how the funds are collected, dsitributes at the international level, mechanisms to ensure that the recipient countries are managing the funds in a transparent...

by Athena Ballesteros | On 15 Dec 2009

A Note on Estimating Tax Elasticities

The most popular technique for estimating tax elasticities is the “Proportional Adjustment” method. This paper shows that the standard methodology used will almost invariably lead to biased elastici...

by Pronab Sen | On 04 Dec 2009

Post-Conflict Recovery: Does the Global Economy Work for Peace?

This paper mainly addresses the economic dimensions, concentrating on the importance of international trade to state-building and the need for global public goods in a global market economy. The focu...

by Tony Addison | On 23 Nov 2009

Gender, Poverty And Development: Gender Sensitive Budgeting And Other 'Best Practices'

The dominance of the mainstream paradigm of growth is being increasingly superseded by the Sustainable Human Development approach. No Concept of development, however, can be complete unless and until...

by Ritu Dewan | On 20 Nov 2009

Low Income Shelter Financing in Slum Upgrading: India Urban Initiatives

This report summarises findings from the USAID-sponsored project on models of financing for slum upgrading in India, undertaken on behalf of SPARC,a Mumbai-based NGO involved in slum upgrading and th...

by Sally Merrill | On 19 Nov 2009

Women in Self Help Groups and Panchayti Raj Institutions: Suggesting Synergistic Linkages

Questions about the processes of empowerment generated under each of these interventions and also suggests synergistic linkages between the two are raised.

by Joy Deshmukh Ranadive | On 13 Nov 2009

Track Record of Financial Institutions in Assisting the Poor in Asia

A variety of institutional forms of microfinance are being introduced in Asia including by the ADB-and financial institutions pursue different objectives, so it is difficult to assess how well micro...

by Richard L Meyer | On 13 Nov 2009

Delegation and Emission Tax in a Differentiated Oligopoly

How product differentiation as well as strategic managerial delegation affects optimal emission tax rate, environmental damage and social welfare, under alternative modes of product market competiti...

by Rupayan Pal | On 04 Nov 2009

Horizontal Equity and the Thirteenth Finance Commission: Issues and Ponderables

An attempt has been made in this paper to critically analyse the parameters/ criteria on which basis awards are finalized. With special reference to poorer states, the following aspects have been di...

by Keshab Das | On 03 Nov 2009

Learning from Crises

Recollect and recount lessons from crises. The key lessons are how to anticipate and take pre-emptive action and equally important, once you are in the middle of it, how to respond effectively namely,...

by Usha Thorat | On 22 Oct 2009

Emerging Market Concerns: An Indian Perspective

From the perspective of Emerging Market Economies (EMEs) and particularly for that of India, five concerns are expressed. These are: first, timing of exit from the accommodative monetary policy in the...

by D Subbarao | On 15 Oct 2009

Financing the Panchayati Raj Institutions: Flagging Some Issues For The 13th CFC

The Finances of the PRIs are looked into. The role of 13th Finance Commission is explained. Some ‘learnings’ from International experience is given.

by Abhay Pethe | On 15 Oct 2009

Rural Health Services at Cross-Roads: Insights from Gujarat

The objective of the paper is to i) understand and document the morbidity profile, ii) examine utilisation of health services, and iii) estimate approximate expenses on health care by th...

by Ratnawali Sinha | On 07 Oct 2009

Emerging Asia's Middle Class-A Force to be Reckoned With

The emergence of a large and dynamic middle class raises Asia’s profile as an attractive market destination for products ranging from consumer goods to financial services. There are even hopes that th...

by Steffen Dyck | On 06 Oct 2009

Assessing the Impact of Fiscal Policy on Poverty

Fiscal policy measures are a key means by which governments can influence distribution and poverty, but in fact the relationships between fiscal policy and poverty are not well understood. The most c...

by Andrew McKay | On 05 Oct 2009

UCLG Policy Paper on Local Finance

The Policy Paper seeks to give voice to a local government vision on financing and stems from a shared understanding of the challenges we face. The Policy Paper contains 25 concrete recom- mendations...

by UCLG Committee on Local Finance and Development UCLG | On 12 Sep 2009

Middlemen Margins and Globalization

A theory of trading middlemen or entrepreneurs who finance and market goods produced by workers are developed. A two sector two country model of competitive equilibrium, with endogenous sorting of age...

by Pranab Bardhan | On 02 Sep 2009

Ethics and the World of Finance

How do we, as individuals, approach issues of ethics and values? Are our approaches different in our personal and professional lives? Are issues of ethics different in the financial sector? What are t...

by Duvvuri Subbarao | On 02 Sep 2009

Introducing Expenditure Quality in Intergovernmental Transfers: A Triple-E Framework

The present study has sought to introduce, conceptualise and operationalise a scheme for integrating the ‘quality’ dimension of public spending into the devolution scheme of intergovernmental transf...

by Mala Lalvani | On 20 Aug 2009

A Simple Model of the Financial Crisis of 2007-9 with Implications for the Design of a Stimulus Package

The financial crisis of 2007-09 began as a local problem in the mortgage finance market in the United States and Europe but, within months, escalated into a general global financial crisis, resulting...

by Kaushik Basu | On 17 Aug 2009

Strengthening Decentralization - Augmenting The Consolidated Fund of the States by the Thirteenth Finance Commission: A Normative Approach

The present study examines issues related to fiscal federalism at the third tier in general and grants to local bodies in particular. The study presents a normative framework to estimate the requireme...

by Abhay Pethe | On 14 Aug 2009

Nepal Budget 2009-10

Budget presented by Finance minister of Nepal.

by Surendra Pandey | On 27 Jul 2009

Aam Admi Budget Bypasses India’s Children

Money for Education, Health, Child Protection not enough for 400 million children’s basic rights

by Juhi H | On 17 Jul 2009

Budget Reactions

Budget reactions from various sectors and by various people in the industry

by Leena Chandan | On 10 Jul 2009

Union Budget-First Cut Analysis 2009-2010

The thrust of this budget on the expenditure side is twofold. Continue with the fiscal stimulus measures and extend these for another six months or one years as the case maybe. Significant among these...

by IRIS India IRIS | On 09 Jul 2009

Budget 2009-2010

Budget 2009-2010 by Pranab Mukherjee

by Pranab Mukherjee | On 09 Jul 2009

Key Features of Budget 2009-2010

Key features of budget presented by the Finance Minister

by Pranab Mukherjee | On 06 Jul 2009

Indian Railway Budget 2009-2010

Railway Budget 2009-10

by Mamata Banerjee | On 06 Jul 2009

Relative Effectiveness of Monetary and Fiscal Policies on Output Growth in Bangladesh: A VAR Approach

This paper investigates the relative importance of monetary and fiscal policies in altering real output of Bangladesh. An unrestricted vector auto regression (VAR) framework based on the St. Louis equ...

by Md. Habibur Rahman | On 27 Jun 2009

Is the BDP Ultra Poor Approach Working? Survey of Some Key Issues

The objectives of this paper are to assess the knowledge retention on IGA training, and to explore the quality of participation in financial and non-financial services by the BDP ultra poor. We found...

by Proloy Barua | On 25 Jun 2009

Financing Strategy for Achievement of the MDGs and Implementation of the Tenth Five Year Plan

This report presents an analysis of the strategy required to generate the required resources for investment in various services necessary to achieve the MDGs. The analysis attempts to quantify the fis...

by M. Govinda Rao | On 20 Jun 2009

Subnational Taxes in Developing Countries: The Way Forward

It is critical to emphasize that intergovernmental fiscal relations must be thought of as a system and that all the pieces in the system must fit together if decentralization is to work properly. Vari...

by Richard.M. Bird | On 16 Jun 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

Fiscal Health of Selected Indian Cities

The paper aims to assess the fiscal health of five urban agglomerations (UAs) in India viz. Delhi, Hyderabad, Kolkata, Chennai, and Pune. The sample consists of five corporations and sixty three small...

by Simanti Bandyopadhyay | On 14 Jun 2009

Goods and Services Tax for India

The paper contours of a feasible design of VAT in India. It also takes on board the various alternatives proposed. It looks at the issues that need resolution and the options available for resolving t...

by R.Kavita Rao | On 12 Jun 2009

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

Toolkit Putting on an Exhibition About Your Research

This toolkit is designed to help one plan and hold an exhibition to disseminate ones research for a non-academic audience. It draws mainly on our experiences of organising an exhibition in connection...

by Hazel Burke | On 05 Jun 2009

Health Economics for Developing Countries: A Survival Kit

Health economics is increasingly recognized as a discipline that has much to offer developing countries in addressing these problems, but how can it help? What economic concepts and tools can be appli...

by Anne Mills | On 04 Jun 2009

Summary of the Welcome Remarks by Dr.Bimal Jalan, Governor, at the 11th C.D. Deshmukh Memorial Lecture

Dr. Bimal Jalan, Governor gave a welcome remark to Prof. Charles Goodhart on his 11th C. D. Deshmukh Memorial Lecture on 'Whither Central Banking ?' This paper revolves around Dr. Jalan's summary and...

by Dr Bimal Jalan | On 21 May 2009

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

Himalayan Journal of Development and Democracy Vol 3:1, 2008

Papers and Proceedings of The Third Annual Himalayan Policy Research ConferenceSession Chairs and Discussants Session 1A: Conflict Resolution and Democratic Transitions Chair: Christopher Can...

by Vijaya R. Sharma | On 19 May 2009

Macroeconometric Policy Modeling for India: A Review of Some Analytical Issues

Macroeconomic modelling is generally motivated by two objectives: forecasting and more significantly, policy analysis. In pursuit of both these objectives, every model must ideally satisfy four crite...

by V. Pandit | On 16 May 2009

Backward Linkages of Foreign Subsidiaries in Guangdong, China: A Country- of –Origin Analysis

Multinational companies exercise their impact on the economic development of the host countries and regions through Foreign Direct Investments (FDI). The host countries tap the benefits from these FDI...

by Filip De Beule | On 15 May 2009

Managing Prolonged Low Fertility: The Case of Singapore

This paper analyzes Singapore’s multi-pronged approach to managing prolonged low fertility which has led to population aging, labor force shortages, increasing elderly dependency ratios, and feminizat...

by Mukul. G Asher | On 15 May 2009

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

Sri Lanka Budget 2009

2009 Budget speech

by Ministry of Finance and Planning Sri Lanka | On 20 Apr 2009

Budget 2009-10 Uttar Pradesh

Budget speech by Lalji Varma

by Uttar Pradesh Government UP | On 17 Mar 2009

Budget 2009-10, Orissa

Budget speech of finance minister

by Orissa Government | On 13 Mar 2009

Macroeconomic Effects Of Public Invesment In Infrastructure In India

This paper attempts to build an aggregative, structural,macroeconometric model for India. Investment and output in the model are disaggregated into four sectors namely(a) agriculture including forestr...

by K.N Murty | On 02 Mar 2009

Karnataka Budget 2009-10

Budget speech by finance minister of Karnataka

by Government of Karnataka GoK | On 24 Feb 2009

Tamil Nadu Budget Speech 2009-10

Budget speech by Prof. Anbazhagan

by Tamil Nadu Government | On 24 Feb 2009

Andhra Pradesh Budget Speech 2009-10

Speech of Sri K. Rosaiah

by Government Andhra Pradesh | On 23 Feb 2009

Kerala Budget Speech 2009-10

Budget speech by finance minister Dr. Thomas Issac

by Government of Kerala Govt | On 23 Feb 2009

Children Out of Focus....Interim Budget at a Glance 2009-10

Examines whether there are any funds for children related activities.

by HAQ Centre for Child Rights HAQCRC | On 19 Feb 2009

Key Features of Interim Budget 2009-10

Key features of Budget presented by Shri Pranab Mukherjee

by Ministry of Finance | On 16 Feb 2009

Introducing the Railway Budget 2009-10

Speech of Lalu Prasad

by Ministry of Railways | On 13 Feb 2009

Does Organic Agriculture Lead to Better Health among Organic and Conventional Farmers in Thailand? An Investigation of Health Expenditure among Organic and Conventional Farmers in Thailand

The study attempts to empirically examine whether the adoption of organic farming practices leads to better health. As a proxy for health status, a comparison of the health expenditure patterns of or...

by Sunantar Setboonsarng | On 22 Jan 2009

Fiscal Federalism, State Lobbying and Discretionary Finance in India

The paper attempts to construct political influence variables and explain discrepancies in fund disbursement through proper econometric specification in the Indian context.

by Rongili Biswas | On 21 Jan 2009

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

Mitigating Carbon Emission through Economic Instruments: An Indian Perspective

The paper has two objectives. One, to analyse the pattern of energy usage in India and the implications thereof for carbon emission; two, to examine whether pricing and taxation policies have any ro...

by Samantak Das | On 24 Dec 2008

Government Spending, Trade Openness and Economic Growth in India: A Time Series Analysis

The study examines the impact of aggregate government expenditure and its two broader components such as revenue expenditure and capital expenditure on the growth rate of output in the Indian contex...

by Hrushikesh Mallick | On 22 Dec 2008

Reducing Currency and Maturity Mismatch

The main objectives of this report are to identify and propose policies, factors and conditions that could mitigate or avoid double mismatches. policies here means any course of action pursued and ad...

by Khee-Giap Tan | On 19 Dec 2008

Suggesting Effective Policy Frames for Chronic Poverty Alleviation in India

This is a continuation of an earlier paper (2005) by the author which dealt with policy implications based on the work done by CPRC in India. There is no map of chronic poverty in India, but have an a...

by N C B Nath | On 16 Dec 2008

Controlling Money and Politics – An Exercise in Damage Control

Whether there should be transparency in political finance? Whether there should be a control over the money that the political parties are receiving?

by Marcin Walecki | On 04 Dec 2008

The Role of Fiscal and Monetary Policies in Sustaining Growth with Stability in India

This paper focuses on the role of fiscal and monetary policies in the evolution of the Indian economy over the years, with particular attention being given to the reforms undertaken in these policies...

by Rakesh Mohan | On 28 Nov 2008

The Incidence and Performance Effects of Interlocking Directorates in Emerging Market Business Groups: Evidence from India

The structure and extent of interlocking directorates within Indian business groups is studied and analyses the performance effects of such interlocks. It finds that large groups tend to have more int...

by Bikram De | On 21 Nov 2008

India’s Macroeconomic Performance

The paper reviews India’s macroeconomic performance and policies since 2000. The first section briefly summarizes key macroeconomic developments regarding economic growth, inflation, external bala...

by Shankar Acharya | On 02 Nov 2008

India’s Macroeconomic Performance and Policies Since 2000

The paper reviews India’s macroeconomic performance and policies since 2000. The first section briefly summarizes key macroeconomic developments regarding economic growth, inflation, external balance...

by Shankar Acharya | On 29 Oct 2008

Dynamics of Rural Water Supply in Coastal Kerala: A Sustainable Development View

This paper examines empirically within sustainable development framework the dynamics of coverage in rural drinking water supply of 180 demand-driven schemes from Malappuram, predominantly a coastal...

by K Pushpangadan | On 27 Oct 2008

Heterodox Macroeconomics and the Design of Monetary Institutions

Two agendas of the heterodox economics programme; the stock-flow consistent models pioneered by Wynne Godley, and the monetary circuit approach researched in France and Italy are discussed. The object...

by Romar Correa | On 10 Oct 2008

Issues Before the Thirteenth Finance Commission

The paper argues that irrespective of the wording of the Terms of Reference (ToR), the Commission would do well to focus on its primary task of recommending transfers to serve the objective of equit...

by M.Govinda Rao | On 06 Oct 2008

Political Economy of Child Rights in India Inc and Child Budget Analysis: A Concept Note

Over the last decade countries across the world have embarked on changing existing economic models in favour of ones driven by the free market, incorporating the process of liberalisation, privatisati...

by HAQ Centre for Child Rights HAQCRC | On 03 Oct 2008

Pollution Across Chinese Provinces

The environmental Kuznets curve (EKC) hypothesis is revisited using 1987-1995 data for Chinese provinces.

by Catherine Yap Co | On 29 Sep 2008

Pakistan Budget in Brief 2008

Budget in Brief is designed to summarize the detailed information into an overview comprising essential information about expenditure and receipt and the resulting budget balance.

by Ministry of Finance, Government of Pakistan, | On 22 Sep 2008

Sri Laka Budget Speech

2008 Budget presented by His Excellency the President Mahinda Rajapaksa

by Ministry of Finance and Planning Sri Lanka | On 18 Sep 2008

India's Climate Change Policy and Trade Concerns: Issues, Barriers and Solutions

This study assesses the Five Year Plans and relevant government policies adopted to garner India's climate change goals and priorities. It attempts to highlight key climate change concerns from a brie...

by Centre for Trade and Development CENTAD | On 17 Sep 2008

Tax Challenges Facing Developing Countries

Most developing countries continue to face serious problems in developing adequate and responsive tax systems. This paper reviews the three principal ways in which developing countries may expand and...

by Richard M. Bird | On 25 Aug 2008

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

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

by Roberto Frenkel | On 21 Aug 2008

Fiscal Policy and Economic Reforms

A practitioner’s perspective of fiscal policy, and economic reforms.

by Y V Reddy | On 14 Aug 2008

What Constrains Indian Manufacturing

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

by Poonam Gupta | On 11 Aug 2008

Impact of Proposed Commodity Transaction Tax

The relationship between trading activity, volatility and transaction cost using a three-equation structural model for five top selected commodities namely Gold, Copper, Petroleum Crude, Soya Oil and...

by Pravakar Sahoo | On 07 Aug 2008

Banking Sector Reforms and Equity a Sub-Regional Analysis in Andhra Pradesh

In this study an attempt is made to examine the equity aspect due to reforms in the banking sector at sub-regional level in the state of Andhra Pradesh covering the period 1985 to 2004. [CESS WP 68]...

by K S Reddy | On 04 Aug 2008

Constitutionalising Panchayats: The Response of State Legislatures

This article is an attempt to look at debates in the light of the Assemblies' tryst with panchayats. It should be noted that it is not an evaluation of what transpired in the state Assemblies. In view...

by Girish Kumar | On 03 Jul 2008

New issues in Indian macro policy

For many decades, macro-policy in India was conducted in an environment with five key elements: ˆ Agricultural shocks rather than a conventional business cycle; A closed economy; deeply distorti...

by Ajay Shah | On 13 May 2008

Reprioritisation of Public Expenditure for Human Development

An important method of managing resources to finance consistent and balanced human development lies in the reprioritisation of current expenditure in accordance with the urgent needs and shortfalls...

by Tapas K. Sen | On 13 May 2008

Goa Budget 2008-09

Budget presented by Goa finance minister for the year 2008-09.

by Goa Government | On 01 Apr 2008

West Bengal Budget 2008-09

Budget and Annual Financial Statement for the year 2008-09.

by West Bengal Government | On 25 Mar 2008

Tamil Nadu Budget 2008-09

Speech of Prof. K. Anbazhagan, Minister for Finance, Government of Tamil Nadu, presenting the Budget for 2008-2009 to the Legislative Assembly on 20th March, 2008.

by Tamil Nadu Government | On 25 Mar 2008

Missing the Wood for the Trees? Ill-thought Moves on Drugs and Drug Industry

Nothing less than price regulation with ceiling prices is going to achieve lower drug prices. Excise duty cuts eventually end up enriching the manufacturers as what will be ‘passed on’ to the consumer...

by S Srinivasan | On 24 Mar 2008

Maharashtra Budget 2008-09 Part II

Part II of the budget presented by finance minister of Maharashtra 2008-09

by Maharashtra Government | On 20 Mar 2008

Maharashtra Budget 2008-09 Part I

Budget presented by the finance minister for the year 2008-09.

by Maharashtra Government | On 20 Mar 2008

Madhya Pradesh Budget Highlights 2008-09

The Finance Minister Shri Raghavji presented the budget for the year 2008-09, with a budgetary deficit of Rs 91.43 crore.

by Madhya Pradesh Government | On 13 Mar 2008

Highlights Of Karnataka’s Budget 2008-09

Highlights of budget 2008-09 presented by the Finance Minister

by Government of Karnataka Ministry of Finance | On 11 Mar 2008

Andhra Pradesh Budget 2008-09

SPEECH OF SRI K. ROSAIAH, HONOURABLE FINANCE MINISTER WHILE PRESENTING THE BUDGET FOR THE YEAR 2008-09 TO THE ANDHRA PRADESH STATE LEGISLATURE.

by Government Andhra Pradesh | On 10 Mar 2008

Kerala Budget Speech 2008-09

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

by Government of Kerala Govt | On 07 Mar 2008

Budget at a Glance 2008-09, Rajasthan

A glance at the budget presented by the government of Rajasthan 2008-09.

by Rajasthan Government | On 05 Mar 2008

Budget 2008-09 and Children A First Glance

Budget for Children (BfC) is not a separate budget. It is merely an attempt to disaggregate from the overall budget, the allocations made specifically for programmes that benefit children. From 2000-0...

by HAQ Centre for Child Rights HAQCRC | On 04 Mar 2008

Union Budget 2008-09: A Bag of Tricks to Get the Vote

The budget is an election budget. There are lots of sectors which needs more attention. Many questions are raised at the end of the document which the government may fail to answer

by Arun Kumar | On 04 Mar 2008

Key Features of Budget 2008-2009

Budget presented by Finance Minister

by P Chidambaram | On 29 Feb 2008

Economic Survey: State of the Economy

Economy Survey 2007-08. website:http://indiabudget.nic.in

by Ministry of Finance | On 29 Feb 2008

Introducing the Railway Budget 2008-2009

Speech of Lalu Prasad

by Lalu Prasad | On 27 Feb 2008

A Quick Look at Orissa Budget 2008-09

Quick findings for feedback as well as further analysis. [Contact Pravas Ranjan Mishra CYSD, E-1, Institutional Area, RRL PO., Bhubaneswar India - 751 013 Tel. +91-674-2300774, 2301725 Fax: +91-674-...

by Orissa Government | On 22 Feb 2008

Gender Planning, Budgeting and Auditing

This manual is intended to help local governments to uphold the human rights of women, by involving them in identifying their needs and with their participation, to find possible solutions and move to...

by Aleyamma Vijayan | On 04 Feb 2008

From Theory to Practice: Translating Research into Health Outcomes

Commenting on recent research articles which look at the potential health benefits of behaviour change, the PLoS Medicine Editors say that publication of the findings of such research is only one part...

by PLoS Medicine | On 01 Feb 2008

Third Quarter Review of Annual Monetary Policy for the Year 2007-08

Review consists of three sections: I. Assessment of Macroeconomic and Monetary Developments; II. Stance of Monetary Policy; and III. Monetary Measures. An analytical profile of macroeconomic a...

by Y V Reddy | On 30 Jan 2008

Municipal Finance in India:An Assessment

This study, entitled “Municipal Finance in India – An Assessment”, undertaken for the Development Research Group (DRG), Reserve Bank of India examines the performance of Urban Local Bodies (ULBs) in I...

by P K Mohanty | On 29 Jan 2008

Managing Migration in thePhilippines: Lessons for India

The significance of international migration in the Philippines economy and society is discussed. The Government of Philippines plays a supportive and regulatory role promoting internationational migr...

by S. Irudaya Rajan | On 19 Jan 2008

Public Notice for Terms of Reference by 13th Finance Commission

The 13th finance commission invites suggestions on issues related to its terms of reference from the members of general public, instituitions, and organizations.

by Finance Commission | On 16 Jan 2008

Drains, Hoards and Foreigners: Does the 19th Century Indian Economy have any Lessons for the 21st Century India?

With the 19th century drain, no one was certain if the benefit exceeded the cost and since the rulers were foreign the suspicion was that any investment they made was not beneficial. But the lesson f...

by Lord Meghnad Desai | On 25 Dec 2007

A Success Story

India's economic reforms are evaluated.

by T.N. Ninan | On 26 Nov 2007

Performance Budget 2005-2006 AYUSH

Performance Budget for 2005-2006 of Department of Ayurveda, Yoga and Naturopathy, Unani, Siddha and Homeopathy (AYUSH).

by Ministry of Health and Family Welfare H & FW | On 06 Nov 2007

Newsletter on Regional Economy: A bi-monthly four-state update

A monthly compilation by IRIS.

by IRIS India IRIS | On 22 Oct 2007

A Hostage in Office

What is the position of the Prime Minister among his Cabinet colleagues after signing the nuclear deal with the US?

by T.N. Ninan | On 15 Oct 2007

Capital Inflows, Financial Repression and Macroeconomic Policy in India since the Reforms

Since the early 1990s the Indian economy has seen a considerable relaxation of controls, as a consequence of which it has witnessed unprecedented growth. This is especially remarkable in the external...

by Partha Sen | On 04 Oct 2007

Tracking Functional Devolution by States to Panchayats

The Eleventh Schedule added to the Constitution by the Seventy-third Amendment lists twenty-nine functions devolvable by States to Panchayati Raj Institutions (PRIs). States were free to set the sp...

by Indira Rajaraman | On 28 Sep 2007

The Reserve Bank and the State Governments: Partners in Progress

The States, relative to the Centre, have taken the centre-stage in the reform process since the areas of highest national priority now fall essentially within the purview of the States. The unique and...

by Y V Reddy | On 26 Sep 2007

Should NABARD be Micro Finance Regulator?

NABARD is a key participant in the micro finance sector and has been closely associated with one of the two prevailing modes i.e. SHG-bank linkage mode of delivery of micro finance services. The devel...

by Mukul Asher | On 04 Sep 2007

RBI Annual Report for 2006-07

Annual report of RBI for the year 2006-07

by Reserve Bank of India | On 31 Aug 2007

On the Relevance of the Median Voter to Resource Allocation amongst Jurisdictions

Allocation of local public good over three jurisdictions with individuals with heterogeneous tastes, in a model with democratic institutions and majority rule. The nature of electoral uncertainty, the...

by Santhanu Gupta | On 16 Aug 2007

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

The Micro Financial Sector (Development and Regulation) Bill, 2007: Legislative Brief

While the Bill promotes the activities of MFOs, there are differing opinions on the cost efficiency of the MFO model. �� NABARD is designated as the regulator of the micro financial s...

by Kaushiki Sanyal | On 08 Aug 2007

The Micro Financial Sector (Development and Regulation)Bill 2007

The Micro Financial Sector (Development and Regulation) Bill, 2007 seeks to promote the sector and regulate micro financial organisations (MFO). 􀂐 National Bank for Agriculture and Rural D...

by Ministry of Law | On 08 Aug 2007

Cities, Gender Budgeting and Civic Governance

The Budget is an important tool in the hands of the state for affirmative action for improvement of gender relations through reduction of gender gap in the development process. It can help to reduce e...

by Vibhuti Patel | On 03 Aug 2007

Microfinance Bill: Too Many Wrinkles

A regulator should promote social entrepreneurship and tap into the considerable expertise existing in the micro-finance sector. The aim should be to lower transaction costs and generate savings in re...

by Mukul Asher | On 30 Jul 2007

Child Development, the Life Course, and Social Exclusion: Are the Frameworks Used in the UK Relevant for Developing Countries?

It is suggested that there are several aspects of the social exclusion approach that are valuable in both the UK and developing country contexts. A summary of research on the intergenerational transmi...

by John Hobcraft | On 09 Jul 2007

The Trade-Off Among Carbon Emissions, Economic Growth and Poverty Reduction in India

This study examines the consequences of a) a domestic carbon tax policy, and, b) participation in a global tradable emission permits regime on carbon emissions, Gross Domestic Product (GDP), and pover...

by Vijay Prakash Ojha | On 07 Jul 2007

National Health Accounts, 2001-02

National Health Accounts (NHA) is a tried and tested tool for summarizing, describing, and analyzing the financing of national health systems. The estimates prepared provide clues regarding the essent...

by National Health Acounts Cell NHA Cell | On 05 Jul 2007

Review of Public Finance in Developing and Transitional Countries: RBI Occasional Papers

Review of Public Finance in Developing and Transitional Countries by Jorge Martinez-Vazquez and James Alm in RBI Occasional Papers, Vol. 27, No. 1 and 2, Summer and Monsoon 2006.

by Jai Chander | On 05 Jul 2007

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

BMC Budget 2006-07

Budget presented to Municipal Commissioner

by Municipal Commissioner BMC | On 18 Jun 2007

The Challenges of Financial Liberalisation for Emerging Market Economies

In this speech to the staff of the Reserve Bank of India delivered on May 14, 2007 at the RBI, Central Office, Mumbai, the author offers some comments on the challenges posed by financial liberalisati...

by Christian Noyer | On 13 Jun 2007

Budget 2007-08, Orissa

Budget 2007-08 presented by Sri Prafulla Chandra Ghadai, Minister, Finance.

by Orissa Government | On 15 May 2007

In Conversation with Mohammed Yunus

In Mumbai to open an office of the Grameen Foundation, Professor Yunus spoke on the growing role of microfinance in the global economy, the challenges the sector faces in moving from the informal t...

by Kala Rao | On 14 May 2007

Time to Mainstream Micro-Pensions in India

The paper has argued that to expand coverage of micro-pensions, social entrepreneurship (along with social responsibility) will be needed by the financial sector, including the MFIs, insurance compani...

by Mukul Asher | On 08 May 2007

Budget 2007-2008, Meghalaya

Budget presented by Fianance Minister for 2007-08.

by Government of Meghalaya Govt | On 04 May 2007

Pension Liabilities of the Central Government: Projections and Implications

The commonly held belief that the Central government pension bill has the potential to reach an unsustainable level does not appear to be based on any realistic assessment of such liabilities in the...

by Pronab Sen | On 25 Apr 2007

Lesons Government Failure: Public Goods Provision and Quality of Public Investment

This paper focuses on government investment and expenditure policies. Going beyond the growth experience, the author also tries to relate the policy experience to the issues of aggregate poverty, in...

by Arvind Virmani | On 25 Apr 2007

Budget 2007-08, Haryana

Budget presented by Honourable Finance Minister Shri Birender Singh

by Haryana Government | On 17 Apr 2007

Budget 2007-08

Budget Speech by Finance Minister Dr. Asim Kumar Das Gupta

by West Bengal Government | On 03 Apr 2007

State Budget 2007-08: Maharashtra No Reforms on the Agenda

With the state economy registering a robust growth, this was the time for the finance minister to launch much-needed reforms. But he has chosen to deliver no more than an accounts and expenditure sta...

by Savita Kulkarni | On 03 Apr 2007

Mid Day Meal Scheme: Understanding Critical Issues with Reference to Ahmedabad City

Gujarat started the scheme of Mid Day Meal Scheme in 1984 and was the only State after Tamil Nadu to start it so early. The objective was to provide one meal a day to students studying in primary clas...

by Satish Y Deodhar | On 30 Mar 2007

Maharashtra Budget 2007-08

Budget presented by Fianance Minister of MaharashtraShri Jayant Patil, for the year 2007-08.

by Maharashtra Government | On 28 Mar 2007

State Budget, 2007-08: Kerala: New Development Agenda: Will the State Overcome Obstacles?

The Budget for 2007-08, the year being the first year of the Eleventh Plan, has done reasonable justice to support the Plan and take Kerala on a higher growth path. However, there are external constr...

by K.Ramachandran Nair | On 27 Mar 2007

Union Budget 2007-08: Continuing Neglect of Public Health Care

Allocations to the budget for health appear to be impressive but a closer look shows that this is not so, especially taking into consideration the high inflation rate in the previous year. A substanti...

by Vinish Kathuria | On 21 Mar 2007

Union budget 2007-08: Have the Elderly Benefited?

While new schemes like reverse mortgage on houses show a measure of some serious thought going into the structuring of programmes for the elderly, the Union Budget 2007-08 falls short of comprehensive...

by Lakshmi Priya | On 21 Mar 2007

Rajasthan Budget 2007-08

Budget presentation by finance minister 2007-08

by Rajasthan Government | On 19 Mar 2007

Madhya Pradesh Budget 2007-08

High lights of the budget 2007-08, presented by Finance Minister, Madhya Pradesh

by Madhya Pradesh Government | On 16 Mar 2007

Goa Budget 2007-08

Budget speech of finance minister 2007-08

by Goa Government | On 16 Mar 2007

Andhra Pradesh Budget 2007-08

Budget Speech of Finance Minister 2007-08

by Government Andhra Pradesh | On 16 Mar 2007

Kerala Budget Speech

Kerala State Budget 2007-08. Speech by Finance Minister Dr. T M Thomas Issac.

by Government of Kerala Govt | On 13 Mar 2007

Chhatisgarh Budget 2007-08

Finance Secretary's Memorandum on Budget Estimates year 2007-2008

by Finance Ministry Chhattisgarh | On 09 Mar 2007

Union Budget 2007-08: A Touch of ‘Magic Realism’

The Budget is ‘exciting’ precisely because it has at least decided to pay a little more than lip service to the so-called social sector. And Finance Ministers then tend to increase allocations for the...

by S Srinivasan | On 08 Mar 2007

Editorial:Union budget 2007-08: A Touch of ‘Magic Realism’

The Budget is ‘exciting’ precisely because it has at least decided to pay a little more than lip service to the so-called social sector. And Finance Ministers then tend to increase allocations for the...

by S Srinivasan | On 08 Mar 2007

Editorial: Outlays Only, Not Outcomes?

The Budget does not sufficiently recognize the need for re-balancing the role of the state and the market, and of the public and the private sectors for managing increasingly complex economic and stra...

by Mukul Asher | On 07 Mar 2007

Outlays Only, Not Outcomes?

The Budget does not sufficiently recognize the need for re-balancing the role of the state and the market, and of the public and the private sectors for managing increasingly complex economic and stra...

by Mukul Asher | On 07 Mar 2007

Budget 2007-08 and Children: A First Glance

Of every 100 rupees in the Union Budget 2007-08, only 4 rupees and 84 paise has been promised by the Finance Minister for children. Within the child budget, the share of education and child protectio...

by HAQ Centre for Child Rights HAQCRC | On 05 Mar 2007

Union Budget 2007-08: Investing in the Next Level in Education

The Economic Survey, 2006-07 has turned the spotlight on the inequalities in higher education enrolment and the severe shortfall in facilities at this level. Will the Union Budget, 2007-08 unveil inn...

by Padma Prakash | On 27 Feb 2007

Union Budget 2007-08: What May We Expect?

It is unrealistic to expect all problems to be solved in one budget. But it is possible for one budget to do a great deal of damage.

by Vinod Vyasulu | On 27 Feb 2007

Union budget 2007-08: What May We Expect?

It is unrealistic to expect all problems to be solved in one budget. But it is possible for one budget to do a great deal of damage

by Vinod Vyasulu | On 27 Feb 2007

Fiscal Deficit, Capital Formation, and Crowding Out : Evidence from India

Theoretical literature identifies two variants of crowding out in an economy–real and financial. The real (direct) crowding out occurs when the increase in public investment displaces private capital...

by Lekha S. Chakraborty | On 17 Feb 2007

Outcome of the review of the trends in receipts and expenditure in relation to the budget at the end of the second quarter of the financial year 2006-2007

This mid-year review reports developments in the economy in the first half of 2006- 07, with a particular focus on Central Government finances, outlining the performances in the real sector, economi...

by Ministry of Finance | On 06 Feb 2007

Declining Trends in Public Health Expenditure in Maharashtra

This analysis of the trends in public health expenditure in Maharashtra shows that the State has to become more proactive in raising resources being allocated to the health sector. The level of publi...

by Ravi Duggal | On 01 Feb 2007

State Finances and Effectiveness of Policy Measures: An Analysis of Indian States

This paper provides a phase-wise analytical review of the fiscal situation of the Indian major States over the previous two and half decades and examines the effectiveness of the policy measures to s...

by Rajmal | On 10 Jan 2007

Fiscal Decentralisation and Local Level Gender Responsive Budgeting in Morocco: Some Observations

During the last few years there has been a significant attempt to change the status of women in Morocco. Considerable efforts have been made to incorporate mainstream gender in socio-economic policies...

by M.Govinda Rao | On 27 Dec 2006

Fiscal Decentralisation and Local Level Gender Responsive Budgeting In The Philippines: An Empirical Analysis

With the strengthening of the fiscal decentralisation process in the Philippines, local government units (LGUs) were provided with more opportunities in terms of local level gender responsive budge...

by Lekha S. Chakraborty | On 27 Dec 2006

Chasing the dragon: Accounting for the under-performance of India by comparison with China in attracting foreign direct investment

This paper compares and contrasts the performance of India and China in attracting foreign direct investment (FDI). Both economies are large emerging markets that had rather similar profiles in 1978....

by John S Henley | On 22 Dec 2006

Central Finances in India- Alternative to Procrustean Fiscal Correction

This paper examines the trends in Central finances over a threedecadal period beginning from the 1970s. It is found that there is a lack of buoyancy in all the major sources of revenue of the Centra...

by R Mohan | On 19 Dec 2006

The Role of Self Help Group Bank Linkage Programme in Preventing Rural Emergencies in India

The Self-Help Emergency Prevention (SHEPherd) programme aims to use lessons from CRS/Orissa’s emergency responses in 1999 and 2001 to inspire an India-wide response to emergency prevention. The progr...

by Kim Wilson | On 03 Dec 2006

Performance Analysis of Fisherwomen Self-help Groups in Tamil Nadu

The present study attempted to assess the performance of Fisherwomen's self help groups (SHGs) in Tamil Nadu . Primary data required for the study were collected from 725 fisherwomen SHG members repr...

by R. Jayaraman | On 03 Dec 2006

Mahatma Gandhi and the Prisoner’s Dilemma: Strategic Civil Disobedience and Great Britain’s Great Loss of Empire in India

This paper examines the relationship between statutory monopoly and collective action as a multi-person assurance game culminating in an end to British Empire in India. In a simple theoretical model,...

by Chowdhury Irad Ahmed Siddiky | On 27 Nov 2006

Fiscal Decentralisation and Local Public Good Provision in China

Fiscal incentive is closely related with extra budgetary revenues.This paper examines the impact of fiscal revenues under decentralisation on responsiveness of public goods provision to real local nee...

by Xin-Qiao Ping | On 21 Nov 2006

Fiscal Decentralisation and Gender Responsive Budgeting in Mexico: Some Observations

This paper analyses the scope and limitations of gender responsive budgeting in Mexico within the overall framework of fiscal decentralisation. However, decentralised gender responsive budgeting can b...

by Lekha S. Chakraborty | On 31 Oct 2006

Monetary Regionalism in Asia Revisited

Given the divergence in economic and institutional structures in the region, any attempt to create a common currency absent macroeconomic policy coordination and mechanism for automatic intra-regional...

by Ramkishen S. Rajan | On 30 Oct 2006

Monetary Regionalism in Asia Revisited

Given the divergence in economic and institutional structures in the region, any attempt to create a common currency absent macroeconomic policy coordination and mechanism for automatic intra-regional...

by Ramkishen S. Rajan | On 30 Oct 2006

Targeting the Poorest in Microfinance: Poverty Outreach of BDP Ultra Poor Programme

Despite the general consensus that microfinance does not reach the poorest; recent evidence suggests that nearly 15% of microfinance clients in Bangladesh are among the poorest. It is from the realiza...

by Proloy Barua | On 25 Oct 2006

Studies on Self-Help Groups of the Rural Poor

In pursuance of a recommendation made by the Asian and Pacific Regional Agricultural Credit Association (APRACA), the National Bank for Agriculture and Rural Development, in collaboration with some...

by | On 23 Oct 2006

Linking Banks and (Financial) Self Help Groups in India: An Assessment

A review of the progress and impact of the overall strategy for scaling up the SHG Bank Linkage Programme over the last decade. [Paper presented at the Seminar on SHG-bank Linkage Programme at New Del...

by Erhard. W. Kropp | On 23 Oct 2006

Using Change Rankings to Understand Poverty Dynamics: Examining the Impact of CFPR/TUP from Community Perspective

Studies of poverty dynamics relying solely on household income-expenditure surveys can yield noisy results, overestimating transient poverty and underestimating persistence of poverty, especially for...

by Munshi Sulaiman | On 23 Oct 2006

Wrong focus

If business gains at the expense of other stake-holders (consumers, the tax department, farmers), economic benefits get captured by a small minority at the top of the pyramid. Even without skewed poli...

by T.N. Ninan | On 01 Oct 2006

Make it a Habit

Dr Singh in fact has a rare blessing: alone among all governments of the past four decades, his government is not faced with a mid-life crisis; all that it needs to do is avoid mid-life paralysis. And...

by T.N. Ninan | On 19 Aug 2006

Does Repayment Indicate the Success of Micro-Finance Programme?

This paper examines the patterns of loan utilisation and repayment among micro-finance group members for Wayland district of Kerala. It argues that 100 per cent repayment by members need not always in...

by Emil Mathew | On 12 Aug 2006

Our Future: Sustainable Cities--Turning Ideas into Action

In convening the third session of the World Urban Forum in Vancouver, the United Nations Human Settlements Program has asked us to focus our attention on the Sustainable City and consider critical cha...

by Patricia L. McCarney | On 13 Jul 2006

Ways of Paying for Global Public-Goods

simple schedule of governmental contributions, of paying for global public-goods and common purposes: use of IMF Special Drawing Rights (SDRs); the United Kingdom’s International Finance Facility (IFF...

by Anthony Clunies-Ross, | On 02 Jun 2006

MDGs : Millennium or Moving Development Goals?Health Sector Starved of Funds

The budget 2006-07 proposals in health care fell well short of India’s march towards achieving Millennium Development Goals(MDGs), the National Health Policy (NHP) goals and fully operationalising the...

by Vinish Kathuria | On 09 May 2006

Strengthening the Export Competitiveness of firms in the Indian Pharmaceutical Industry

This paper attempts to identify the factors that determine the export competitiveness of firms in the Indian pharmaceutical industry. Our findings suggest that the competitiveness of firms depends not...

by Aradhna Aggarwal | On 21 Apr 2006

Gender Critiques of Budgets: How Useful?

While critical perspectives on the budget are certainly necessary and are useful, they are not sufficient to produce the change necessary. For that we need to encourage civil society initiatives on en...

by Maithreyi Krishnaraj | On 07 Apr 2006

American housing market: a source of relief or weakness?

In late March the release of data on sale of new homes in the US showed that it had dropped 10 per cent, the biggest drop in nine years. In the immediate aftermath of this report, the US currency gav...

by V. Anantha Nageswaran | On 07 Apr 2006

Union Budget 2006-07: Reforms in Indirect Taxes: Long on Rhetoric

The Finance Minister’s speech presenting the Union Budget 2006-07 indicated that long-overdue reforms of the tariff structure had been undertaken in this year’s budget. But a careful analysis of thes...

by Sukumar Mukhopadhyay | On 22 Mar 2006

Finance Bill 2005

To give effect to the financial proposals of the Federal Government for the year beginning on the first day of July, 2005, and to enact and amend certain laws:

by Ministry of Finance, Government of Pakistan, | On 15 Mar 2006

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

Union Budget 2006-07: Too Little Attention to Agriculture

While there is much support for technology institutions in agriculture, little attention has been paid to raise agricultural productivity or prepare the ground for a coming technological change.

by Yoginder Alagh | On 13 Mar 2006

Gender Audit of Budgets

The Budget is an important tool in the hands of state for affirmative action for improvement of gender relations through reduction of gender gap in the development process. Budgets garner resources th...

by Vibhuti Patel | On 09 Mar 2006

Union Budget : Financing Social Sector Budgets

There has been a perception that since the introduction of what have derisively been called “neo-liberal” reforms, the social sectors i.e. those dealing with education and health, have suffered. Is...

by Ajit Karnik | On 07 Mar 2006

The Budget, Outlays, and Inequality

Growth, or more accurately, the quality of growth, is intricately linked to inequality and so the Finance Minister and the government need to do more by addressing problems of governance as well. htt...

by Errol D'souza | On 06 Mar 2006

The Budget, Outlays, and Inequality

Growth, or more accurately, the quality of growth, is intricately linked to inequality and so the Finance Minister and the government need to do more by addressing problems of governance as well.

by Errol D'souza | On 06 Mar 2006

Sri Lanka: Budget Speech by Finance Minister in Parliament

'Mahinda Chintana' : Towards a New Sri Lanka

by Ministry of Finance and Planning Sri Lanka | On 05 Mar 2006

Sri Lanka: Budget Brief, 2006: Towards a New Sri Lanka

Tax Proposals and Administration Summary of Budget 2006

by Ministry of Finance and Planning Sri Lanka | On 05 Mar 2006

Sri Lanka: Recent Economic Developments: Highlights of 2005 and Prospects for 2006

Economic Review of Developments in 2005 and Prospects for 2006. Presented before the Budget for 2006.

by Ministry of Finance and Planning Sri Lanka | On 05 Mar 2006

Editorial: Union Budget: Securing its Legacy

Union Budget 2006-07 breaks new ground in many areas, and continues on the path of modernizing the tax system. It also gives deserved recognition to key allocation priorities. But its legacy will be...

by Mukul Asher | On 05 Mar 2006

Union Budget 2006-07: Securing its Legacy

Union Budget 2006-07 breaks new ground in many areas, and continues on the path of modernizing the tax system. It also gives deserved recognition to key allocation priorities. But its legacy will be...

by Mukul Asher | On 04 Mar 2006

Union Budget 2006-07: Speech

The bulk of the resources must go to the UPA Government’s eight flagship programmes: Sarva Siksha Abhiyan, Mid-day Meal Scheme, Rajiv Gandhi Drinking Water Mission, Total Sanitation Campaign, National...

by Ministry of Finance | On 28 Feb 2006

Gujarat: State Budget 2006-07 Part A

by Ministry of Finance Government of Gujarat | On 27 Feb 2006

Economic Survey 2005-06,Chapter 2

Public Finance

by Ministry of Finance | On 27 Feb 2006

Widening of Tax Base and Evasion of Tax: Thirty-third Report of the Standing Committee on Finance (2005-06)

The challenge to the tax system to expand both the revenue base and progressively bring into the net larger number of taxpayers remains as daunting as ever. The object is not to ignore the generally...

by Standing Committee on Finance | On 26 Feb 2006

COAI Proposals for Union Budget 2006-07

Measures sought by the association.

by Cellular Operators Asociation of India (COAI) | On 16 Feb 2006

Social Security Policy in an Era of Globalization and Competition: Challenges for Southeast Asia

There are several themes which emerge from the comparative analysis of social security systems in Southeast Asia. Each country will need to address the limitations of their respective system in relati...

by Mukul Asher | On 06 Feb 2006

Transition to Market and Normative Framework of Fiscal Federalism

This paper deals with the challenges of fiscal federalism in planned economies. Planned economies through their various policy instruments to control the resource allocation introduce several source...

by M.Govinda Rao | On 06 Feb 2006

Macroeconomic and Monetary Developments: Third Quarter Review, 2005-06

The robust performance of the Indian economy continued during the second quarter (July-September) of 2005-06. According to the Central Statistical Organisation (CSO), the economy recorded a real GDP...

by Reserve Bank of India | On 02 Feb 2006

Raising the Tax Ratio by Reining in the 'Tax Breaks': An Agenda for Action

The increase in direct taxes has not been able to offset the decline that resulted from the reduction in customs tariff and decline in excise revenue. The task facing the policymakers now is to explor...

by Amaresh Bagchi | On 01 Feb 2006

Real Sector Shocks and Monetary Policy Responses in a in a financially vulnerable Emerging Economy

When analyzing the appropriate response for monetary policy during a currency crisis it is important to keep in mind two distinct channels: (a) the impact of raising interest rates on exchange rates...

by Ramkishen S. Rajan | On 27 Jan 2006

Macroeconomic and Monetary Developments: Third Quarter Review 2005-06

Contents I. The Real Economy -- 1 Agricultural Situation Industrial Performance Business Expectations Surveys Services Sector II. Fiscal Situation 14 Combined Government Fi...

by Reserve Bank of India | On 25 Jan 2006

Elementary Education: Rising Expenditure, Poor Quality: Book Review

Review of 'The Economics of Elementary Education in India: The Challenge of Public Finance, Private Provision and Household Costs' edited by Santosh Mehrotra; Sage, New Delhi; 2005, pp.328.

by P. Geetha Rani . | On 20 Jan 2006

Doha Work Programme: Draft Ministerial Text, Hong Kong, Decemnbr 18, 2005

Revised Minsterial text adopted at the Hong Kong Ministerial Conference

by World Trade Organisation | On 20 Dec 2005

Doha Work Programme: Draft Ministerial Text circulated (December 7, 2005) prior to the Sixth Ministerial Meeting in Hong Kong

The Draft document circulated at the beginning of the Sixth WTO Ministerial Conference held in Hong Kong, China, 13–18 December 2005.

by World Trade Organisation | On 19 Dec 2005

Current WTO Negotiations on domestic Subsidies in Agriculture: Implications for India

This paper analyses the present state of play of WTO negotiations and evaluates how effective the current WTO provisions will be to reduce domestic subsidies in developed countries. The findings sugg...

by Parthaprathim Pal | On 12 Dec 2005

Controlled Capital Account Liberalisation: A Proposal

This paper outlines a proposal for a controlled approach to capital account liberalization for economies experiencing large capital inflows. The proposal essentially involves securitizing a portion o...

by Eswar S. Prasad | On 09 Dec 2005

Tariff Negotiations in NAMA and South Asia: July Agreement and Beyond

As developing countries including those from South Asia, rally forces and evaluate options ahead of the Hong Kong Ministerial meeting in December 2005, Non Agricultural Market Access (NAMA) assumes im...

by Prabash Ranjan | On 29 Nov 2005

Opportunities and Challenges in Building an East Asian Community

Inherenet weaknesses in AFTA and AEC and the need to counter regionalism in other parets of the world are some of the important reasons for evolving an East Asian Community. However, there are severa...

by Joseph Yap | On 23 Nov 2005

Asian Reserves and the Dollar: Is Gradual Adjustment Possible?

Large dollar reserves in Asian EMEs accompany large U.S. fiscal and current account deficits. Analysis of strategic sales by Asian EMEs suggests that an attack on the dollar is not certain but is poss...

by Ashima Goyal | On 21 Nov 2005

Trends and Issues in Tax Policy and Reform in India

The Indian tax reform experience can provide useful lessons for many countries due to the largeness of the country with multilevel fiscal framework, uniqueness of the reform experience and difficult...

by M.Govinda Rao | On 10 Nov 2005

Banking on Limited Freedom

Successive finance ministers have been calling the public sector banks “to brace for a wave of consolidation” to become global players. However, calling for world-beaters does not produce them; vision...

by Aruni Mukherjee | On 22 Oct 2005

False Dawn on Budget Front

Essentially, the Outcome Budget (OB) as formulated now is nothing more than the performance budget with a promise that it would be extended to non-plan outlays too. As an idea, regardless of the labe...

by A. Premchand | On 20 Sep 2005

Price Elasticity Estimates for Tobacco and Other Addictive Goods in India

The tax base of tobacco in India is found to be heavily depended on about fteen per cent of the tobacco users who represent cigarettes smokers. Non-cigarette tobacco products used by the majority of...

by Rijo John | On 22 Aug 2005

A Fair Plan Approach For Devolution Under The Twelfth Central Finance Commission: Some Suggestions

This study has made some suggestions for the consideration of the Twelfth Finance Commission. We have provided a conceptual framework comprising eight cardinal principles abbreviated as FAIR PLAN. We...

by Abhay Pethe | On 05 Aug 2005

Infrastructure Finance In The Time Of Revenue Crunch: Exploring New Avenues for Urban Local Bodies

Infrastructure in general and urban infrastructure in particular has proved to be a pons asinorum of economic development. Whilst infrastructure is an umbrella term, provision of many of its component...

by Abhay Pethe | On 05 Aug 2005

Internal Control Of Community Finance Institutions In Cambodia

The working paper offers a conceptual basis for action research on internal controls in community finance institutions (CFIs) in rural Cambodia. A CFI is defined as “an institution that specializes in...

by Brett Matthews | On 31 Mar 2005