Related Articles

Matching keywords : RRBs, Restructuring Strategy, Panel GMM, Banking, Economics

“If you compete with us, we shan't marry you” : The (Mary Paley and) Alfred Marshall Lecture

Alfred Marshall and Mary Paley Marshall are often described as the first academic economist couple. Both studied at Cambridge University, where Paley became one of the first women to take the Tripos e...

by | On 15 Nov 2021

Urban Development Perspectives of Affordable Housing Strategy

Although, under the current institutional dispensations, both national and local governments have significant roles to play in providing infrastructure, services and housing in urban areas, the limite...

by Narayanan Edadan | On 08 Oct 2020

COVID-19 pandemic – A focused review for clinicians

The COVID-19 pandemic caused by SARS-CoV-2 remains a significant issue for global health, economics and society. A wealth of data has been generated since its emergence in December 2019 and it is v...

by | On 27 May 2020

Containment Strategies and Support for Vulnerable Households

Policymakers across the developing world are facing the need to make rapid decisions on their COVID-19 response with little available data or guidance. Policies that help deal with the economic cri...

by Jonathan Leape | On 18 May 2020

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

The Rise of the People’s Republic of China and its Competition Effects on Innovation in Japan

This paper empirically examines the “defensive innovation” hypothesis that firms with higher exposure to low-wage economy import competition intensively undertake more innovative activity by using a h...

by Nobuaki Yamashita | On 01 Apr 2019

Economics and the Ecosystem

The essays collected here grapple with different aspects of what, if natural scientists are to be believed, is the most profound set of issues humanity has ever faced. The United Nations Framework Con...

by World Economics Association | On 29 Mar 2019

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

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

by Dushni Weerakoon | On 28 Mar 2019

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

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

by Marta Guerriero | On 20 Feb 2019

International Monetary Affairs in the Inter War Years: Limits of Cooperation

There were intensive efforts at monetary cooperation in the interwar years to overcome the imbalances accumulated during the war years to reduce the rate of inflation, reduce the rate of unemployment...

by Manmohan Agarwal | On 01 Feb 2019

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

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

by Daniele Ponzi | On 29 Jan 2019

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

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

by Nguyet Thi Minh Phi | On 28 Jan 2019

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

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

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

by Maria Teresa Punzi | On 19 Oct 2018

Strengthening India’s External Intelligence Infrastructure: An Assessment .

This paper outlines a number of points, which would help to develop a more superior external intelligence infrastructure. In absence of a national security strategy (NSS), the task of intelligence age...

by Shantanu K. Bansal | On 04 Sep 2018

The Spread of Deposit Insurance and the Global Rise in Bank Asset Risk since the 1970s

The paper constructs a new measure of the changing generosity of deposit insurance for many countries, empirically model the international influences on the adoption and generosity of deposit insuranc...

by Charles W. Calomiris | On 03 Sep 2018

Assessing the Effects of Simple and Complex Innovation Strategies on the Performance of Firms in the Philippines

Innovation is the synergistic use of resources, technology, capital, and information to achieve growth at different levels of the economy. Many studies abroad have already supported the hypothesis tha...

by Connie Bayudan-Dacuycuy | On 27 Aug 2018

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

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

by Ranaporn Tantiwechwuttikul | On 13 Aug 2018

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

Risk Management Innovation for Philippine Banking

This Policy Note revisits the risk management policy of BSP as a guide in strengthening the competitiveness of Philippine banks. It also recommends measures to further refine the banking system in the...

by Roberto Miguel S. Roque | On 29 Jun 2018

On Existence and Properties of Pure-strategy Equilibria under Contests

This paper strictly convex cost functions and demonstrate existence of pure strategy Nash equilibrium for the difference form. Moreover, it shows that several properties of equilibria and the comparat...

by Sakshi Gupta | On 22 Jun 2018

Fair play in Indian Health Insurance

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

by Shefali Malhotra | On 15 Jun 2018

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

Financial Inclusion, Regulation, Financial Literacy and Financial Education in Armenia

Financial inclusion has significantly advanced in Armenia during the last decade. Rural and urban areas, however, have benefited unevenly. The high cost of providing financial services, the lack of ph...

by Armen Nurbekyan | On 07 Jun 2018

Constructing the Asia-Pacific Regional Cooperation and Integration Index: A Panel Approach

This paper proposes a panel approach in the construction of the Asia-Pacific Regional Cooperation and Integration Index (ARCII) to strengthen the index’s ability to track the progress of economic inte...

by Cyn-Young Park | On 06 Jun 2018

Global Banking Network and Regional Financial Contagion

This paper investigates and tests the role of regional exposures in financial contagion from advanced to emerging market economies through the global banking network using data on cross-border bilater...

by Cyn Young Park | On 31 May 2018

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

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

by Deepak Kumar Behera | On 16 May 2018

Growth and Childbearing in the Short- and Long-Run

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

by | On 08 May 2018

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

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

by | On 20 Apr 2018

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

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

by Chandan Kumar | On 05 Apr 2018

Characteristics of the Workers in the Urban Informal Sector of Pakistan

The informal sector is widely considered as a crucial segment of the economy, whose mere presence convince the policy-maker to reorient the development strategy to promote jobs and equity.

by A. R. Kemal | On 02 Apr 2018

The Impact of Global Labour Standards on Export Performance

The issue of global labour standards has been at the forefront of both regional and multilateral trade negotiations over the past two decades, and will likely remain high on the agenda of future tra...

by | On 28 Mar 2018

Money, Income, Prices, and Causality in Pakistan: A Trivariate Analysis

The report says that there has been a long debate in economics regarding the role of money in an economy particularly in the determination of income and prices.

by Fazal Hussain | On 27 Mar 2018

Gender Pay Gap: A Macro Perspective

This paper examines the factors influencing the gender wage gap by using an unbalanced crosscountry aggregated panel data set for a sample covering 53 economies for the period 1995–2010. Using robus...

by | On 20 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

Economic Survey 2017: Volume II: Chapter 3: Monetary Management and Financial Intermediation

During 2017-18 (till January), monetary policy remained steady with only one policy rate cut in August. As the Y-o-Y effect of demonetisation wore off, the growth rate of both Currency in Circulatio...

by Arun Jaitley | On 31 Jan 2018

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

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

by | On 07 Jan 2018

WTO Negotiating Strategy on Environmental Goods and Services for Asian Developing Countries

The paper advocates carefully tailoring EGS liberalisation so that it can deliver meaningful trade and development benefits while responding to environmental priorities in Asian developing countries.

by Vicente Yu III | On 01 Jan 2018

The Effect of Age-Specific Sex Ratios on Crime: Instrumental Variable Estimates from India

Using data from 1961 to 2001, the paper shows the impact on crime of two age-specific sex ratios corresponding to pre-marital (ages 10 to 16) and marriageable (ages 20 to 26) age groups in India. To d...

by Rashmi Barua | On 12 Dec 2017

Evaluation and Assessment of the Effectiveness of the DSWD Internal and External Convergence as Operationalized by the Regional, Provincial, and City/Municipality Action Teams

This study aims to describe and examine organizational structures, business processes, and capacity development, as they relate to the design of DSWD’s Convergence Strategy.

by Jose Ramon G. Albert | On 11 Dec 2017

Informal Economy Budget Analysis in Philippines and Quezon City

The study says that the poverty reduction targets in the Philippines were incorporated for the first time in the 1987–1992 Development Plan and, after that, anti-poverty became the centerpiece program...

by Francie Lund | On 07 Dec 2017

Demonetisation Post-Truths

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

by | On 17 Nov 2017

Public–Private Cooperation for Secure and Inclusive Rural Economies

How do public–private collaborations enable secure and inclusive rural economies? Alongside private sector investment, government provision of infrastructure, research and extension services and suppo...

by Institute of Development Studies IDS | On 31 Oct 2017

Subjective Probability Does Not Exist

The report shows that the rationality arguments used to establish the existence of subjective probabilities depend essentially on the identification of acting-as-ifyou-believe and actually believing.

by Asad Zaman | On 26 Oct 2017

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

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

by Mahmood ul Hasan Khan | On 09 Oct 2017

Central Bank Communication: The Practice in Nepal Rastra Bank and Impact on Inflation

The paper says that it will contribute to make monetary policy more effective and thus enhance its impact.

by Sarthak Karki | On 06 Oct 2017

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

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

Bolder Disinvestment or Better Performance Contracts? Which Way Forward for India’s State-Owned Enterprises

This paper analyses the performance of India’s Public Sector Undertakings (PSUs) using measures of labour and overall efficiency and productivity indicators as opposed to financial returns. Using meth...

by Ajay Chhibber | On 03 Oct 2017

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

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

by Amrita Chatterjee | On 25 Sep 2017

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

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

by Rajeswari Sengupta | On 18 Sep 2017

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

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

by Ashima Goyal | On 15 Sep 2017

Development of Backward Areas- Outcome of the interventions so far

This paper by Centad looks at the initiatives and their outcome through the construction of an Improvement Index and suggests a relook.

by S Jagadeesan | On 25 Aug 2017

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

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

by Jaimini Bhagwati | On 11 Aug 2017

Making Rapid Strides Agriculture in Madhya Pradesh: Sources, Drivers, and Policy Lessons

This paper study the composition, sources and drivers of agricultural growth in Madhya Pradesh to identify the factors that have contributed to robust agricultural growth in the state and discuss the...

by Ashok Gulati | On 11 Aug 2017

Demonetisation: Macroeconomic Implications for Indian Economy

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

by Pradymna Rawat | On 09 Aug 2017

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

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

by Securities Board of India | On 04 Aug 2017

Tracking Change Islamabad in Livelihoods, Service Delivery and Governance: Evidence from a 2012-2015 Panel Survey in Pakistan

The subject of this study is the relationship between the delivery of services, social protection and livelihoods assistance, and state legitimacy (measured here using perceptions of government perfor...

by Babar Shahbaz | On 01 Aug 2017

Is Nepal’s Renewable Energy Subsidy Reaching Poor People of Rural Areas? A Study of Biogas and Solar Home Systems

This paper analyse data from the Nepal Living Standard Survey for the year 2010/11 to determine the extent to which these programs have reached the poor. The Government of Nepal has been providing fin...

by Dipendra Bhattarai | On 28 Jul 2017

Making Money Work: Financing a Sustainable Future in Asia and the Pacific

This report explores some of the ways forward. It highlights not just the need to inject more money into investments that contribute to sustainable development, but also to attract funds toward them—t...

by Asian Development Bank Institute | On 21 Jul 2017

Renewable Energy Developments and Potential in the Greater Mekong Subregion

Renewable energy is a challenge, but also an opportunity for new industries, employment, and new ways to reduce dependency on fuel imports, provide electricity to poor remote areas, reduce air polluti...

by Asian Development Bank Institute | On 18 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

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

Economic Vision of Lord Mahaveera: Building Blocks of Relative Economics

The central themes of Jainism are ahimsa (non-violence), anekant (nonabsolutism) and aprigraha (non-possession). Non-violence strengthens the autonomy of life of every being and if one believes that e...

by MC Singhi | On 22 Jun 2017

Integrated Information and Communication Technology Strategies for Competitive Higher Education in Asia and the Pacific

The report narrates that early adoption of information and communication technology can allow developing countries in Asia and the Pacific to move from labor-intensive, natural resources-based to know...

by Jouko Sarvi | On 22 Jun 2017

Southeast Asia and the Economics of Global Climate Stabilization - Report

The paper suggests that the impacts of climate change in Southeast Asia may be larger than previously estimated, possibly reaching 11% of gross domestic product by 2100.

by David Raitzer | On 19 Jun 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

Uncovering Heterogeneity in the Relationship between Competition, Corporate Governance and Firm Performance using Quantile Regression on Indian Data

This paper investigates the relation between product market competition, corporate governance and firm performance in Indian manufacturing industries covering the period 2005-2015. Evidence suggests t...

by Indrani Chakraborty | On 19 May 2017

Credit Guarantees: Challenging Their Role in Improving Access to Finance in the Pacific Region

This paper draws on the background research by Saumya Mitra. PSDI thanks Erik Aelbers for preparing Appendix 2: Credit Guarantee Schemes in the Pacific, and Melissa Dayrit and Amanda Lucas-Frith for h...

by Asian Development Bank Institute | On 11 May 2017

Accelerating Financial Inclusion in South-East Asia with Digital Finance

The research focuses on financial exclusion in three segments: base of pyramid (BoP); women; and micro, small, and medium enterprises (MSMEs). From our research, we estimate that addressing this oppor...

by Asian Development Bank Institute | On 09 May 2017

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

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

by Subrata Sarkar | On 03 May 2017

Promotion Incentives in the Public Sector: Evidence from Chinese Schools

We provide evidence that promotion incentives influence the effort of public employees by studying China’s system of promotions for teachers. Predictions from a tournament model of promotion are teste...

by | On 06 Mar 2017

The Economics of Replication

Replication studies are considered a hallmark of good scientific practice. Yet they are treated among researchers as an ideal to be professed but not practiced. To provide incentives and favorable bou...

by | On 01 Mar 2017

Family, Community, and Educational Outcomes in South Asia

In this article, we review research on the economics and sociology of education to assess the relationships between family and community variables and children’s educational outcomes in South Asia. At...

by | On 14 Feb 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

The Role of Learning in Technology Adoption: Evidence on Hybrid Rice Adoption in Bihar, India

Much empirical research has shown that individuals’ decisions to adopt a new technology are the result of learning–both through personal experimentation through observing the experimentation of others...

by Jared Gars | On 03 Jan 2017

Financial Inclusion in the Digital Age

The policies needed to promote financial inclusion in the digital age were discussed at an international conference held at the Asian Development Bank Institute. The  event took place on 7–8 April 2...

by Shawn Hunter | On 29 Dec 2016

Economic Impacts of Inadequate Sanitation in India

The Water and Sanitation Program (WSP) has launched a multicountry Economics of Sanitation Initiative (ESI) to study the economic impacts of poor sanitation and the costs and benefits of improved sani...

by | On 27 Dec 2016

The Changing Contours of Inter group Disparities and the Role of Preferential Policies in a Globalizing World: Evidence from India

How persistent are traditional socioeconomic hierarchies in the face of marketization, significant structural shifts in the economy, and increased political representation of lower-ranked groups, and...

by Ashwini Deshpande | On 15 Dec 2016

From Proof of Concept to Scalable Policies: Challenges and Solutions, with an Application

The promise of randomized controlled trials (RCTs) is that evidence gathered through the evaluation of a specific program helps us—possibly after several rounds of fine-tuning and multiple replicatio...

by Abhijit Banerjee | On 14 Dec 2016

Tribute

Sulabha Bramhe was a remarkable scholar-activist. Daughter of an eminent economist and trained in top notch universities, she could have launched into a focused career in economics in any global inst...

by | On 14 Dec 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

Laws and Institutions Relating to Environmental Protection in India

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

by U. Sankar | On 28 Oct 2016

Protecting Women’s and Children’s Health From a Changing Climate

The International Panel on Climate Change (IPCC) Fifth Assessment Report notes that up to 2050, the main impact of climate change on health will be an increase in illness and deaths related to the env...

by World Health Organisation (WHO) | On 13 Oct 2016

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

Demographic transition due to population aging is an emerging trend throughout the developing world, and it is especially acute in China, which has undergone demographic transition more rapidly than...

by Xinxin Wang | On 10 Oct 2016

Financial Inclusion in India – The Journey so far and the Way Ahead

RBI is on a journey towards the goal of universal financial inclusion in India. There are challenges encountered and the way forward. [Address delivered at at the BRICS Workshop on Financial Inclusio...

by S.S. Mundra | On 26 Sep 2016

Substance Abuse Treatment Centers and Local Crime

This paper estimates the effects of expanding access to substance-abuse treatment on local crime. It does so using an identification strategy that leverages variation driven by substance-abuse-treatme...

by Samuel Bondurant | On 07 Sep 2016

The End of Cheap Labour: Are Foreign Investors Leaving China?

China’s government is promoting the shift towards a consumption-based economy since a few years. The explicit goal to significantly raise the percentage of wages in the national household income is in...

by | On 31 Aug 2016

Abductive Reasoning in Macroeconomics

Macroeconomic analytical frameworks change with events they are unable to explain. The process is closer to abductive reasoning that is based on both events and analysis, unlike induction which is d...

by Ashima Goyal | On 31 Aug 2016

Optimal Domestic (And External) Sovereign Default

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

by Pablo D'Erasmo | On 17 Aug 2016

Migration Patterns and Challenges for Indians Seeking Work Abroad: A Special Focus on South India

This research concentrates mainly on out-migration in an analysis of primary and secondary sources available with government agencies such as the Emigration Division, the Ministry of Labour (Union Gov...

by | On 12 Aug 2016

Myanmar Transport Sector Policy Note: Urban Transport

This note presents a review of Myanmar’s urban transport. It focuses on the country’s main cities, Yangon and Mandalay, where issues are most severe, to also help solve similar problems in secondary c...

by Asian Development Bank Institute | On 12 Aug 2016

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

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

by Cecilia Olivet | On 10 Aug 2016

Make in India – Scheme For Transforming India

Make in India is an international marketing strategy, conceptualized by the Prime Minister of India, Narendra Modi on 25 September 2014 to attract investments from businesses around the world and make...

by | On 10 Aug 2016

Chinese Returnees and High-tech Sector Outward FDI: The Case of Changzhou

The rapid growth and high levels of internationalization by Chinese firms, raise a natural interest in the study of the factors which have led the notable international presence of Chinese firms. In t...

by Zhao Chen | On 19 Jul 2016

The Empirical Economics of Online Attention

This paper models and characterizes how households allocate their scarce attention in arguably the largest market for attention: the Internet. It identifies vast and expected changes in those househol...

by Andre Boik | On 19 Jul 2016

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

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

by Ajeet Mathur | On 18 Jul 2016

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

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

by Rajeswari Sengupta | On 09 Jul 2016

Beautiful Minds: The Nobel Memorial Prize in Economics

This is that time of the year when the economics fraternity is abuzz with the news of potential winners of the prestigious prize in economics, the Nobel Memorial Prize. This will be the 45th year of a...

by Saibal Ghosh | On 30 Jun 2016

Resolving Stress in the Banking System

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

by Raghuram G. Rajan | On 29 Jun 2016

The Intimate Link between Income Levels and Life Expectancy: Global Evidence from 213 Years

The paper finds a systematic and economically sizeable relationship between income levels and life expectancy in a panel dataset of 197 countries over 213 years. By itself, GDP/capita explains more th...

by Michael Jetter | On 28 Jun 2016

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

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

by Sumon Kumar Bhaumik | On 27 Jun 2016

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

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

by Kirti Sharda | On 24 Jun 2016

The Economics of Copyright and the Internet: Moving to an Empirical Assessment Relevant in the Digital Age

Technology and the Internet have triggered important changes to how creative works are created, accessed and how creators and copyright-based industries generate their revenues. In this chapter, the e...

by Sacha Wunsch-Vincent | On 08 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

ICDS Mission: The Broad Framework for Implementation

Around 40 per cent of children remain undernourished with their growth and development impeded irrevocably, over the lifetime. Strong Constitutional, legislative policy, plan and programme commitments...

by Government of India Ministry of Women and Child Development | On 23 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

Economics and Biodiversity

The challenges faced by biodiversity and the relation between biodiversity and economics are shown.

by Prakash Nelliyat | On 17 May 2016

Advancing the Interests of Bangladesh’s Migrant Workers: Issues of Financial Inclusion and Social Protection

The study is expected to contribute to stimulating debate around the broader issues of safeguarding the interests of migrant workers through financial mainstreaming of their income, raising efficacy o...

by | On 11 May 2016

Tacit Collusion and Market Concentration under Network Effects

In an infinitely repeated Cournot game with trigger strategy punishment, we demonstrate that the relationship between market concentration and collusion sustainability depends on the strength of netwo...

by | On 02 May 2016

Is there a Case for Exchange Rate Coordination in South Asia?

This paper evaluates the case for greater exchange rate coordination in South Asia. With inter-regional integration in South Asia progressing at a faster pace than the region's integration with the wo...

by Rajeswari Sengupta | 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

Inequality, Neighbourhoods and Variation in Prices

In this study we examine the link between of income distribution and wholesale price of wheat using panel data. We have weekly time series data on prices for wheat for 3 districts in Uttar-Pradesh in...

by | On 02 May 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

Evaluating the Role of Media in Averting Heat Stroke Mortality: A Daily Panel Data Analysis

This paper investigates the relative effectiveness of the different media used by the state government of Odisha, India to disseminate Information, Education and Communication (IEC) material to avert...

by Saudamini Das | On 28 Apr 2016

Intellectual Property Rights: Indian Scenario

Global competitiveness has redefined business strategies worldwide and the focus has certainly shifted to examining how our knowledge resources can reposition our stand in the world market. It means t...

by Sachin Mangal | On 28 Apr 2016

Dynamics of Emigration and Remittances in Kerala: Results from the Kerala Migration Survey 2014

Kerala Migration Survey (KMS) 2014 is the sixth in the series of studies on international and internal migration from Kerala undertaken by the Centre for Development Studies as an ongoing project si...

by K.C. Zachariah | On 28 Mar 2016

Mixed-Design Approach in Impact Evaluation: Principles and Practice

There is no single method in impact evaluation that can always address the different aspects better than others. Importance of mixed design approach in impact evaluation studies arises with the need f...

by Navneet Kaur | On 21 Mar 2016

Cambodia Diversifying Beyond Garments and Tourism Country Diagnostic Study

The Royal Government of Cambodia is grateful for the timely conduct of the study. The ideas and findings in this report will certainly be useful in providing inputs to support and operationalize the R...

by Asian Development Bank Institute | On 18 Mar 2016

Structural Transformation in the North-Eastern Region of India: Charting out an agriculture-based development policy

In this paper we attempt to explore the process of structural transformation in the North Eastern States of India, positing it in the paradigm of agriculture led development. The paper tries to examin...

by Alwin D’souza | On 16 Mar 2016

Innovative Strategies in Technical and Vocational Education and Training for Accelerated Human Resource Development in South Asia Bangladesh

Improving the quality of skills among its labor force will help further economic growth in Bangladesh. Thus, there is an urgent need to provide better access to TVET to help increase productivity and...

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

North Korean Economic Reform: New Changes or Old, Empty Promises?

In June, North Korean authorities announced agricultural reforms called the “6.28 policy,” which promises to recalculate the ratio of distributed planned products (70 percent to the country, 30 percen...

by | On 14 Mar 2016

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

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

by Sreejata Banerjee | On 13 Mar 2016

Rethinking National Security: China's New Security Commission

The newly established Central National Security Commission (CNSC) of China held its first meeting on April 15. The inaugural meeting of this body marks a significant milestone in the reorganization of...

by | On 12 Mar 2016

People's or Party's Army in Vietnam?

While the Vietnam Communist Party’s grip over the army remains strong, Zachary Abuza examines the growing calls challenging the Vietnam People’s Army’s duty to defend the ruling party over national in...

by | On 11 Mar 2016

‘China 2030: Building a Modern, Harmonious, and Creative Society’

China is unique among developing countries in achieving sustained economic and social success. So, policymakers in South Asia will do well to factor a robust Chinese economic future into their thinkin...

by Shahid Javed Burki | On 11 Mar 2016

Critical Review of Literature on Computable General Equilibrium Models

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

by Zafar Iqbal | On 10 Mar 2016

Prevalence and Determinants of Overweight and Obesity Among Adults in Pakistan

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

by Maryam Naeem Satti | On 10 Mar 2016

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

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

by Maryam Naeem Satti | On 10 Mar 2016

The Social Order of Markets

This article develops a proposal for the theoretical vantage point of the sociology of markets, focusing on the problem of the social order of markets. The initial premise is that markets are highly d...

by Jens Beckert | On 09 Mar 2016

Neoliberal Restructuring in Turkey: From State to Oligarchic Capitalism

How have neoliberal reform policies changed Turkey’s political economy? The aim of this paper is to counter claims of convergence towards a liberal capitalist order. Given the historical dynamics of t...

by | On 09 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

Institutional Change in Market-Liberal State Capitalism: An Integrative Perspective on the Development of the Private Business Sector in China

This paper shows that a more accurate depiction of the development of China’s private sector is gained by considering the complex interaction between bottom-up and top- down processes. First, the pape...

by | 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

Imagined Futures:Fictionality in Economic Action

Starting from the assumption that decision situations in economic contexts are characterized by fundamental uncertainty, the paper argues that the decision-making of intentionally rational actors is a...

by Jens Beckert | On 09 Mar 2016

India's Policy on Genetically Modified Crops

Agricultural biotechnology is highly contested site in India, encompassing debates on impact of technology on society, economic development, and India’s future agricultural Strategy. Proponents of b...

by Anitha Ramanna | On 09 Mar 2016

Class Gains in Fisheries Management in India: Reflections from Two States

The debate on common property resource centres on issues of a particular strategy for managing it in order to cater to the growing demand for communities that depend on it and the economy at large tha...

by Jharna Pathak | On 09 Mar 2016

The Many Faces Of Migrants : Exploring the Nexus of Migration and Human Security

Against the backdrop of the changing global demographic trends, this edition highlights issues which mitigate migration as a viable strategy to cope with threats to human welfare and dignity. It does...

by S. Rajaratnam International Studies | On 06 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

Economic and Political Relations Between Bhutan and Neighbouring Countries

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

by | On 02 Mar 2016

Indradhanush-Banking Sector Reforms

The Indradhanush framework with its seven pronged plan was unveiled by Finance Minister Mr Arun Jaitley on 14th August 2015 for revamping Public Sector Banks (PSBs) of India. In this paper, we look at...

by Sakshi Bhardwaj | On 02 Mar 2016

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

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

by Toshiyuki Shimada | On 29 Feb 2016

Basel Banking Norms – A Primer

This paper aims to first build a deeper understanding of the emergence of Basel banking norms (Basel I), and the transition to each of the subsequent regulations (Basel II and Basel III). The primary...

by Akshay Uday Shenoy | On 27 Feb 2016

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

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

by Rohit Gupta | On 27 Feb 2016

Food Security and the Threat from Within: Rice Policy Reforms in the Philippines

The forces of globalization, in tandem with realities of domestic natural resources, economics and politics, and the influence of international institutions such as the World Trade Organization (WTO),...

by | On 26 Feb 2016

Is Nuclear Energy a Viable Option for All?

The prospect of nuclear energy as an alternative to traditional fossil fuels has increased sharply due to soaring oil prices. This has been further boosted by the challenge of global climate change. D...

by | On 26 Feb 2016

Prospects for an ASEAN Nuclear Cooperation: A Common Nuclear Facility?

Nuclear energy has emerged as a viable option to provide base load power for many nations. However, countries in Southeast Asia planning to develop nuclear reactors could face a multitude of problems....

by | On 26 Feb 2016

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

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

by Ehtisham Ahmad | On 26 Feb 2016

Indirect Inference for Dynamic Panel Models

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

by Christian Gourieroux | On 25 Feb 2016

Inadequate N Application of Rice Farmers in the Philippines Problems, Causes, Solutions

Inadequate application of nitrogen (N) fertilizer has been identified by the Food Staples Sufficiency Program (FSSP) as a major constraint in achieving rice self-sufficiency. The available literature...

by Roehlano M. Briones | On 24 Feb 2016

Why Inequality Matters in Poverty Reduction and Why the Middle Class Needs Policy Attention

While the Philippines has had a new economic growth trajectory in recent years, the country has had little progress in reducing poverty and in making growth more inclusive. In this paper, the authors...

by Jose Ramon G. Albert | 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

‘Mind the Gap’: Reducing Waste and Losses in the Food Supply Chain

One oft-neglected strategy to improve food availability is the simple act of reducing waste. Inefficiencies across the entire food supply chain – from ‘farm to fork’ – result in significant food losse...

by | On 22 Feb 2016

An Examination of the Least Developed Countries in the IPCC AR5 WGII

The Fifth Assessment Report of Working Group II of the Intergovernmental Panel on Climate Change (IPCC AR5 WGII), on Impacts, Adaptation and Vulnerability, was released in March 2014. In providing the...

by Clare Stott | On 21 Feb 2016

Impact of Changes in the Global Financial Regulatory Landscape on Asian Emerging Markets

This paper discusses the relevance of Basel III to Asian emerging markets. It reviews some of the proposed regulations of Basel III in order to evaluate their likely implications for, and their abilit...

by Tarisa Watanagase | On 21 Feb 2016

Asian Monetary Integration: A Japanese Perspective

This paper discusses Japan’s strategy for Asian monetary integration. It argues that Japan faces three major policy challenges when promoting intraregional exchange rate stability. First, there must b...

by Masahiro Kawai | On 21 Feb 2016

Street-led city-wide slum upgrading

This lecture proposes a fundamental shift in addressing the problems of slums, and suggests an approach that focuses on streets as the engine for urban transformation. The strategy brought forward by...

by | On 19 Feb 2016

Impact Of Trade Liberalisation On Employment In Bangladesh

The present study has examined the changes in the employment scenario of Bangladesh following the pursuance of the trade liberalisation strategy and the possible effects of further trade liberalisatio...

by Wasel Shadat | On 19 Feb 2016

The Harris-Todaro Hypothesis

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

by M. Ali Khan | On 17 Feb 2016

Determinants of Interest Spread in Pakistan

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

by M. Idrees Khawaja | On 16 Feb 2016

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

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

by Abdul Qayyum | On 16 Feb 2016

Use of National Currencies for Trade Settlement in East Asia: A Proposal

This paper develops a multilateral currency system where national currencies are used for trade settlement in East Asia, comprising the Association of Southeast Asian Nations (ASEAN) member countries,...

by ll Houng Lee | On 16 Feb 2016

Financial Inclusion, Financial Education, and Financial Regulation: A Story from Indonesia

Many reforms have taken place in Indonesia following the Asian financial crisis of 1997– 1998. The government has embarked upon institutional transformation, making the country one of the region’s mos...

by Georg Inderst | On 16 Feb 2016

Well-being and Public Attitudes in Afghanistan: Some Insights from the Economics of Happiness

Afghanistan is a context where individuals have to cope with the most adverse of circumstances. In this paper, we use the tools provided by a new approach in economics, which relies on surveys of happ...

by Soumya Chattopadhyay | On 16 Feb 2016

The Taylor Rule and the Macroeconomic Performance in Pakistan

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

by Wasim Shahid Malik | On 15 Feb 2016

On the Communication Policy of the Bangladesh Bank

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

by Bangladesh Bank BB | On 15 Feb 2016

Notes on the Monetary Policy Strategy of the Bangladesh Bank

This document is designed to present a brief but comprehensive view of the real and monetary developments during the immediate past quarters and project the expected developments in the immediate futu...

by Bangladesh Bank BB | On 15 Feb 2016

Monetary Transmission through Bank Portfolio in Bangladesh

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

by Sayera Younus | On 15 Feb 2016

Interest Rate Spread in Bangladesh: An Analytical Review

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

by Shamim Ahmed | On 15 Feb 2016

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

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

by Md. Kabir Ahmed | On 15 Feb 2016

War and Drugs in Afghanistan

The cultivation of opium poppy in Afghanistan is nothing new. Although the drug economy diversified and became more vertically integrated after the fall of the Taliban, it had already emerged and deep...

by Vanda Felbab-Brown | On 14 Feb 2016

Special Cell for Women and Children: The Spirit and Strategies to Meet the Challenges

The aim of the present endeavour is to highlight these commonalities in the nature of the work and individual functioning and thereby adhere to the team spirit and democratic principles of the Special...

by Tata Institue of Social Sciences TISS | On 14 Feb 2016

A Strategy of the Special Cell

The primary objective of this study is to understand if the strategy which was developed by and for the violated woman, is at all detrimental to her and her access to rights.

by Anjali Dave | On 14 Feb 2016

Climate Adaptation: Seizing the Challenge

The World Economic Forum’s Global Agenda Council on Climate Change’s report, Climate Adaptation: Seizing the Challenge, captures some of the latest thinking in the field of climate adaptation and fina...

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

The February 13 Agreement: A New Dawn for North Korea’s Denuclearization?

The aim of this paper is to analyze the February 13 Agreement’s implementation along with the prospects for the denuclearization of North Korea. The paper starts with an overview of North Korea’s comp...

by | On 09 Feb 2016

Low Paid Employment in Britain: Estimating State-Dependence and Stepping Stone Effects

Using 18 waves of the British Household Panel Study, this paper examines state dependence and stepping stone effects of low pay. A distinguishing feature is that five types of transition- not in the l...

by Lixin Cai | On 07 Feb 2016

Can Welfare Conditionality Combat High School Dropout?

Based on administrative data, we analyze empirically the effects of stricter conditionality for social assistance receipt on welfare dependency and high school completion rates among Norwegian youths....

by Øystein Hernæs | On 07 Feb 2016

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

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

by Rafael Dix-Carneiro | On 07 Feb 2016

Pakistan’s Wage Structure, during 1990-91–2006-07

This paper attempts to document changes in the wage levels of different categories of workers employed in various segments of the labour market during the period 1990-91–2006-07, according to the info...

by Mohammad Irfan | On 06 Feb 2016

Impact of Financial Liberalisation and Deregulation on Banking Sector in Pakistan

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

by Kalbe Abbas | On 06 Feb 2016

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

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

by Wasim Shahid Malik | On 06 Feb 2016

A Dynamic Macroeconometric Model of Pakistan’s Economy

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

by Muhammad Arshad Khan | On 06 Feb 2016

The Determinants of Food Prices: A Case Study of Pakistan

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

by Henna Ahsan | On 06 Feb 2016

Iraq, From Security to Political Management

This study begins with an assessment of the years of US occupation in Iraq, focusing on its repercussions, explicating its outcomes, and exploring the horizons of political evolution in this country a...

by | On 03 Feb 2016

Rent Seeking Opportunities and Economic Growth in Transitional Economies

This study empirically explores the growth effects of rent seeking activity (RSA) for a group of 52 developing/transitional countries, using a dynamic panel data approach. The modelling framework is a...

by Nasir Iqbal | On 03 Feb 2016

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

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

by Unbreen Qayyum | On 03 Feb 2016

Islam Versus Economics

The paper shows that fundamental Islamic principles regarding organisation of economic affairs are directly and strongly in conflict with teachings of conventional economic theories.

by Asad Zaman | On 03 Feb 2016

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

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

by Syed Akther Shah | On 02 Feb 2016

Pakistan: The Impact of Economic Liberalisation on Poverty

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

by Zafar Mahmood | On 02 Feb 2016

The Contribution of Palestinian Civil Society Organisations toward Achieving National Reconciliation in Palestine, 2007-2010

This study is an attempt to comprehensively examine the contribution of Palestinian Civil Society organizations toward ending Palestinian division and achieving national reconciliation. To this end, a...

by | On 01 Feb 2016

US Goals and Strategies toward the Arab World

This essay tries to delineate US interests and goals in the Arab region by trying to answer two fundamental questions: First, in light of its promise for change and following the dramatic transformati...

by | On 01 Feb 2016

Research Imperatives for the Indian Banking Sector

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

by S.S. Mundra | On 01 Feb 2016

Financing Mitigation and Adaptation by Developing Countries

There is a broad consensus that without the active participation of developing countries, global temperatures cannot be stabilized at a safe level. It is also agreed that even if temperatures are cont...

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

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

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

by N Manoharan | On 31 Jan 2016

Savings Behaviour In South Asia

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

by Ranjan Kumar Dash | On 30 Jan 2016

Are Trade Openness and Financial Development Complementary?

Trade liberalization and financial deepening have assumed greater significance for a country’s economic growth performance in recent times. This paper finds that trade openness and financial developme...

by Ram Upendra Das | On 30 Jan 2016

Determinants of Cesarean Deliveries in Pakistan

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

by Saman Nazir | On 30 Jan 2016

Expansion and Evaluation of Social Science Disciplines in Public Sector Universities of Pakistan from 1947 to 2013

The purpose of this research study was to examine the expansion and to evaluate the social sciences in Pakistan. The sample consisted of 60 departments of social sciences from five disciplines (Econom...

by Muhammad Arslan Haider | On 30 Jan 2016

Inadequate N Application of Rice Farmers in the Philippines: Problems, Causes, Solutions

Inadequate application of nitrogen (N) fertilizer has been identified by the Food Staples Sufficiency Program as a major constraint in achieving rice self-sufficiency. The available literature on fert...

by | On 29 Jan 2016

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

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

by Colm Harmon | On 28 Jan 2016

Climate Change and Vulnerability in Bangladesh

It is predicted that climate change will aggravate the presence of sudden (e.g. cyclones, floods etc.) and chronic (e.g. drought, erosion) hazards to agrarian communities in Bangladesh. According to t...

by Md Maniruzzaman | On 23 Jan 2016

Climate and Development Outlook

This publication summarises CDKN’s partnership work with Bangladesh to date, highlighting key achievements and signposting further information. We are involved at many levels, by investing in policy-r...

by Climate and Development Outlook CDO | On 23 Jan 2016

The SLR as a Monetary Policy Instrument in Bangladesh

The statutory liquidity requirement (SLR), as a monetary policy instrument, has experienced infrequent changes in Bangladesh. Past evidence shows that reduction in SLR produced positive impact on bank...

by Sayera Younus | On 23 Jan 2016

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

Impact of Climate Change on Least Developed Countries: Are The SDGs Possible?

The Sustainable Development Goals (SDGs) will define the priorities of the UN’s development agendabeyond 2015. But the reality of climate change impacts will render these aspirational goals almost imp...

by Intergovernmental Panel on Climate Change IPCC | On 23 Jan 2016

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

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

by Bangladesh Bank | On 23 Jan 2016

A Note on the Contribution of Small and Medium Enterprises to GDP in Bangladesh

Despite the importance, the contribution of SMEs to the country’s GDP and employment has remained somewhat unclear especially in view of the multiplicity of the definition of SMEs adopted by different...

by Bangladesh Bank | On 23 Jan 2016

Economics of Fisheries and Aquaculture in the Coral Triangle Economics of Fisheries and Aquaculture in the Coral Triangl

Consolidates information on fisheries and aquaculture using a regional lens and analytical tools. Cover the Coral Triangle countries: Indonesia, Malaysia, Papua New Guinea, Philippines, Solomon Island...

by Asian Development Bank Institute | On 22 Jan 2016

INDIA’S GHG Emissions Profile: Results of Five Climate Modelling Studies

The effort has been to ensure that these studies are fact-based and objective and are not seen as a “government study”. We believe that the debates and negotiations on climate change are best served b...

by Climate Modelling Forum CMF | On 22 Jan 2016

Mechanics of Intra-Industry Trade and FTA Implications for India in RCEP

The paper highlights the economics of IIT in the context of FTAs in a manner not explored before, by building on the new trade theories. The paper demonstrates both theoretically and empirically, with...

by Ram Upendra Das | On 21 Jan 2016

Quantifying the International Bilateral Movements of Migrants

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

by | On 20 Jan 2016

Neoliberal Development Macroeconomics: A Consideration of its Gendered Employment Effects

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

by | On 19 Jan 2016

Does Clientelism Work? A Test Of Guessability In India

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

by Mark Schneider | On 18 Jan 2016

Household Survey Data for Research on Well-Being and Behavior in Central Asia

This paper summarizes the micro-level survey evidence from Central Asia generated and analyzed between 1991 and 2012. We provide an exhaustive overview over all accessible individual and household-lev...

by Tilman Brück | On 15 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

The Imprudence of Labour Market Flexibilization in a Fiscally Austere World

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

by | On 11 Jan 2016

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

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

by | On 11 Jan 2016

Is India Making Waves in South China Sea?

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

by Rajeev Ranjan Chaturvedy | On 09 Jan 2016

New Maritime Silk Road: Converging Interests and Regional Responses

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

by | On 09 Jan 2016

Collapsing ‘Government’, Emerging ‘Governances’

Contrary to widespread belief, the collapse of ‘government’ does not automatically entail the collapse of ‘governance’. In a setting of ‘unstable’ livelihoods, households’ coping strategies, coupled w...

by | On 07 Jan 2016

Banking Crises and 'Japanization': Origins and Implications

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

by Masahiro Kawai | On 07 Jan 2016

Malaysia Business Environment Index 2012: Challenges and Opportunities for Accelerating Local Business

The Malaysia Business Environment Index (BEI) Pilot Study 2012 is the first survey that investigates firms' perceptions about the business environment at the district level. Utilizing data collected f...

by The Asia Foundation | On 02 Jan 2016

Foreign Trade Pattern of Nepal: Gravity Model Approach

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

by | On 01 Jan 2016

Carrot or Stick? Redistributive Transfers Versus Policing in Contexts of Civil Unrest

Recurrent episodes of civil unrest significantly reduce the potential for economic growth and poverty reduction. Yet the economics literature offers little understanding of what triggers civil unrest...

by Patricia Justino | On 30 Dec 2015

International Trade and Determinants of Price Differentials of Insulin Medicine

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

by Toshiaki Aizawa | On 29 Dec 2015

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

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

by Jamilah Mahyideen | On 29 Dec 2015

Financial Health and Firm Productivity: Firm-Level Evidence from Viet Nam

This paper empirically investigates whether financial health shores up firm productivity. It presents productivity as another driving factor in translating financial development into real economic pro...

by Shandre Thangavelu | 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

Ready for a Slowdown?

Are we worse off at the end of 2015 than at the start?

by T.N. Ninan | On 25 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

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

How Does ADB Engage Civil Society Organizations in Its Operations? Findings of an Exploratory Inquiry in South Asia

The focus is on South Asia and the starting point of inquiry is on 33 projects that illustrate the roles and forms of NGO and CBO engagement in Bangladesh, Bhutan, India, Nepal, and Sri Lanka. The rep...

by Asian Development Bank Institute | 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

Now Corporate Paralysis

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

by T.N. Ninan | On 18 Dec 2015

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

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

by Gloria Kuzur | On 18 Dec 2015

Meta-Study of Literature on Budget Private Schools in India

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

by Centre for Civil Society CCS | On 18 Dec 2015

The Challenges of Climate Change: Children on the Front Line

The challenge of climate change is huge; it requires an urgent response from all generations. As the effects of climate change become more visible and extreme, they are likely to affect adversely the...

by United Nations Children's Fund UNICEF | On 17 Dec 2015

MQSUN Mixed Methods Report: Impact Evaluation of the DFID Programme to Accelerate Improved Nutrition for the Extreme Poor in Bangladesh, Phase II

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

by Barnett I. | On 16 Dec 2015

National Strategy Day on India: Delivering Growth in the New Context

The World Economic Forum along with the Confederation of Indian Industry (CII) convened the National Strategy Day on India on 3rd and 4th of November to provide a platform to boost economic growth and...

by | On 09 Dec 2015

The Sunday Edit: Deaton, the Development Economist

Angus Deaton’s contributions to economics have been seminal providing development economists with new tools of analysis that have yielded policy-altering insights.

by Suryanarayana M H | On 07 Nov 2015

Whither the Co-operative Banking?

Current status of the urban co-operative banking in India, how it reached there, what recent initiatives the Reserve Bank has taken to strengthen the sector and what is the way forward. [Speech deliv...

by R. Gandhi | On 04 Nov 2015

Development Central Banking: A Review of Issues and Experiences

The paper argues that central banks should play a broader role in helping developing countries meet their key challenges, such as generating productive employment, helping to allocate investment to pr...

by | On 28 Oct 2015

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

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

by Ajay Chhibber | On 16 Oct 2015

The Influence of Industry Financial Composition on the Exports from Pakistan

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

by Aadil Nakhoda | On 16 Oct 2015

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

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

by Akhileshwar Pathak | On 15 Oct 2015

Bihar Economic Survey 2014 - 15

Bihar clocked an economic growth rate of 9.92 per cent during financial year 2013-14, while its per capita Gross State Domestic Product (GSDP) shot up to Rs 17,294 during this period from Rs 15,931 in...

by Government of Bihar | On 13 Oct 2015

Development Strategy in Bihar through Revitalizing the Agricultural Sector: A Preliminary Analysis

Based mainly on secondary data and partly on primary information obtained through field surveys in selected rural areas in Bihar in 2011, this paper firstly argues the critical importance of agricultu...

by | On 11 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

Rural Poverty Reduction Strategy for South Asia

Roughly 40 percent of the world’s poor live in South Asia, where poverty is basically a rural problem. Therefore, a significant gain in rural poverty reduction in this sub-region will be crucial to re...

by | On 30 Sep 2015

Role and Effectiveness of Public Distribution System in Assuring Food Security in India: An Appraisal

This paper tries to identify food insecure population of the country, analyse the availability, storage, procurement of food grain , assess the effectiveness of PDS, identify the discrepancies in the...

by Ishita Aditya Ray | On 28 Sep 2015

Transforming our World: the 2030 Agenda for Sustainable Development

This Agenda is a plan of action for people, planet and prosperity. It also seeks to strengthen universal peace in larger freedom. It recognises that eradicating poverty in all its forms and dimensions...

by United Nations UN | On 28 Sep 2015

Impact of Climate Change on Yield of Major Food Crops in Tamil Nadu, India

This study uses panel data for 39 years and 13 districts to estimate the yield sensitivity of major food crops to climate change in the South Indian state of Tamil Nadu. It first estimated the margina...

by V. Saravanakumar | On 25 Sep 2015

Climate Sensitivity of Groundwater Systems Critical for Agricultural Incomes in South India

This study examines the implications of variations in climate variables on ground water sources of irrigation and agricultural income in the Indian state of Tamil Nadu. Our findings, based on a panel...

by Balasubramanian R | On 24 Sep 2015

Technology, Development and the Role of the State

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

by | On 24 Sep 2015

Book Review: Universal Man: The Seven Lives of John Maynard Keynes

Review of Universal Man: The Seven Lives of John Maynard Keynes by Richard Davenport-Hines. New York: Basic Books, 2015. 418 pp. Rs. 1,729/- (cloth), IISBN-13: 978-0007519804.

by John Graham | On 23 Sep 2015

The Nexus between Agriculture and Nutrition: Do Growth Patterns and Conditional Factors Matter?

This paper seeks to provide an overview of the complex and dynamic relationship between nutrition and growth, examine how different growth patterns lead to different nutritional outcomes, and identif...

by | On 22 Sep 2015

Book Review: Climate Insurgency: A Strategy for Survival

Review of Climate Insurgency: A Strategy for Survival by Jeremy Brecher. Boulder: Paradigm Publishers, 2015. 170 pp. Rs. 8.925/- Hardcover, IISBN-13: 978-1612058207.

by Peter St. Clair | On 15 Sep 2015

Money and Inflation: Evidence from P-Star Model

This study uses P-star model to examine the role of money in explaining inflation in India. In particular, we compare the performance of traditional Phillips curve approach against P-star model in for...

by Sunil Paul | On 14 Sep 2015

The Conundrum of Profitability Versus Soundness for Banks by Ownership Type: Evidence from the Indian Banking Sector

Banks pursue profit like any business, but in their role as custodians of domestic savings, they are required to be cautious. Riskier but profitable advances may cause asset quality deterioration, thu...

by Sreejata Banerjee | On 14 Sep 2015

India: Death Without Legal Sanction

This study highlights that India has not been complying with its obligations under the ICCPR and has indeed been imposing death penalty without legal sanction. While the violations of international fa...

by Asian Centre for Human Rights ACHR | On 14 Sep 2015

The Costs and Benefits of Domestic Work as a Livelihood Strategy

Domestic work remains one of the key occupations for many female migrants in Southeast Asia. As a low skilled, low-wage job with often inadequate legal protection, domestic work is an occupation that...

by | On 14 Sep 2015

Gender and Distributional Preferences: Experimental Evidence from India

This paper is the result of a lab experiment conducted to assess whether gender of dictators and recipients, and distributional preferences affect allocations in a modified dictator game where both pa...

by Smriti Sharma | On 01 Sep 2015

Addressing Urban Poverty: Relevance of Conditional Cash Transfers

This paper from a two-day conference in New Delhi explores the relevance of CCTs in addressing entrenched issues of urban poverty even as across Asia there remain few social protection measures that p...

by United Nations Development Programme UNDP | On 31 Aug 2015

A Policy Mix for Gender Equality? Lessons from High-Income Countries

Over the past 15 years, important gains have been made in gender equality. Gender gaps in educational attainment have shrunk substantially. In fact, in many high-income countries, young women’s educat...

by Megan Gerecke | On 31 Aug 2015

The Youth Guarantee Programme in Europe: Features, Implementation and Challenges

The recommendation to establish a Youth Guarantee was adopted by the Council in April 2013 in response to unprecedented levels of youth unemployment, which reached 23.5 per cent in Europe at the end o...

by | On 24 Aug 2015

Science and Economics for Sustainable Development of India

This paper deals with the interface between science and economics in environmental policy making in India. It explains Nehru‘s concept of scientific temper and its influence in the formulation of scie...

by U. Sankar | On 19 Aug 2015

The Hidden Costs of the 2014 Gaza – Israeli Conflicts – Adolescent Girls’ Psycho- Social Wellbeing

The research focuses and is part of a broader project supported by the ReBUILD Consortium, which is funded by the UK Department for International Development (DFID), to look at the linkages between me...

by | On 12 Aug 2015

Inflation Targeting for India?: The Implications of Limited Asset Market Participation

This paper considers the implications of an imperfect monetary transmission mechanism for optimal monetary policy choices in an open economy. The asset market channel is restricted in this paper as so...

by | On 11 Aug 2015

In Search of Economic Alternatives for Gender and Social Justice: Voices from India

How can we shape an alternative economic and gender just development? This document from Heinrich Böll Foundationand WIDE is a collection of Indian voices in the form of short essays on economic alter...

by | On 11 Aug 2015

Economics of Human Trafficking

This paper presents an economic model of human trafficking that encompasses all known economic factors that affect human trafficking both across and within national borders. The authors envision human...

by Elizabeth M. Wheaton | On 05 Aug 2015

Does Introduction of Bureaucratic Competition Reduce Corruption in Public Service Delivery?

The paper theoretically explores the impact of introducing bureaucratic competition on corruption. For this purpose it considers three different measures of corruption such as corruption incidence (CI...

by | On 04 Aug 2015

IT Governance and IT Strategy: Board's Eye View

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

by Harun R Khan | On 04 Aug 2015

Monetary Policy Credibility: Is There a Magic Bullet?

This paper examines the concept of monetary policy credibility from both the theoretical and practical viewpoints. It also discusses the advantages of high credibility and explains measures that can b...

by Naveen Srinivasan | On 31 Jul 2015

The Environments of the Poor in South Asia: Simultaneously Reducing Poverty, Protecting the Environment, and Adapting to Climate Change

Poverty and environmental factors are interlinked and hold crucial importance for economic development. The poor depend so much on their natural resource base and primary production sources that the d...

by | On 30 Jul 2015

Future and New Thoughts on Co-operative Banks

The co-operative movement in India is more than a century old; regulation thereof is also more than a century old with the first major impetus provided by the passage of the Co-operative Society Act i...

by R. Gandhi | On 29 Jul 2015

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

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

by | On 28 Jul 2015

Clinical Trials Industry in India: A Systematic Review

This study shows that many global clinical trials organisations have relocated their clinical trial (CT) research units to India. The Indian CT industry has become one of the most cost-efficient desti...

by Dinesh Abrol | On 23 Jul 2015

Public Economics and Sustainable Developments Policy

The domain of public economics is increasing as governments‘ policy goal is shifting from economic development to sustainable development. The government has to act as a trustee representing future ge...

by U. Sankar | On 22 Jul 2015

Banking on Non-solutions

Can state owned banks revive Indian economy? Let's see what the managerial solutions to revive banks show us.

by T.N. Ninan | On 18 Jul 2015

Inflation Targeting for India? The Implications of Limited Asset Market Participation

This paper considers the implications of an imperfect monetary transmission mechanism for optimal monetary policy choices in an open economy. The asset market channel is restricted in this paper as so...

by | On 09 Jul 2015

Is Imperialism a Relevant Concept in Today’s World?

This paper explores some aspects of the imperialism/empire/new imperialism debate and looks at whether imperialism remains to be a valid theoretical category in analyzing contemporary economics and po...

by Subhanil Chowdhury | On 02 Jul 2015

Stereotypical Occupational Segregation & Gender Inequality: An Experimental Study

This paper attempts to distinguish ‘trust in cooperation’ from ‘trust in ability’ with respect to gender through an experimental trust game. ‘Trust in ability’ is explored in the context of hands-on m...

by Savita Kulkarni | On 10 Jun 2015

Five Growth Strategies for Myanmar: Re-engagement with the Global Economy

After decades of isolation, Myanmar is now actively re-engaging with the global economy. For successful re-engagement, Myanmar needs to implement comprehensive economic reforms based on a shared visio...

by So Umezaki | On 10 Jun 2015

Water for Food Security and Nutrition

This report is a report by the High Level Panel of Experts on Food Security and Nutrition of the Committee on World Food Security. Water is key to food security and nutrition. However there are many c...

by Food and Nutrition Division FAO | On 10 Jun 2015

The Economics of Peace: A Nepalese Perspective

Understanding the importance of peace has been accorded high priority in many religions, such as Hinduism, Jainism, Buddhism and Sikhism. In recent years, many economists have realized the monetary va...

by Hari Bansh Jha | On 05 Jun 2015

Nepal's Continuing Quest for Federalism and Peace

Nepal is currently experiencing perhaps one of the most turbulent phases in its contemporary political history. In 2008, the 240-year-old institution of monarchy—for long seen as a symbol of unity, in...

by Akanshya Shah | On 05 Jun 2015

'Look East through Northeast': Challenges and Prospects for India

This paper focuses on the considerable hurdles and limitations encountered in carrying forward India's 'Look East' through Northeast—problems caused by the nature of physical terrain, the history of v...

by Subir Bhaumik | 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

Report of the Sixty-Eighth World Health Assembly on Global Technical Strategy and Targets for Malaria 2016–2030

Recalling resolutions on malaria control, and accelerating efforts to control and eliminate malaria in developing countries, particularly in Africa, by 2015. Acknowledging the progress made towards th...

by World Health Organisation (WHO) | On 27 May 2015

Draft Report of the Sixty-Seventh World Health Assembly on Global Strategy and Targets for Tuberculosis Prevention, Care and Control after 2015

At the Sixty-sixth World Health Assembly the executive board drafted a global strategy targets for tuberculosis prevention, with a aim to accelerate the global expansion of tuberculosis care and contr...

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

Report of the Working Group on Agriculture and Related Issues on Dryland / Rainfed Farming System Including Regeneration of Degraded / Waste Land, Watershed Development Programme

The report provides a strategy in the field of agriculture related issues on Dryland / Rainfed Farming System including Regeneration of Degraded / Waste Land, Watershed Development Programme.

by Ministry of Agriculture GOI | On 13 May 2015

Understanding Poverty in India

Inclusive growth needs to be achieved to reduce poverty and other disparities and raise economic growth. This book develops a poverty profile for India in view of the ongoing national and global effor...

by Asian Development Bank Institute | On 08 May 2015

Infrastructure Gap in South Asia: Infrastructure Needs, Prioritization, and Financing

If the South Asia region hopes to meet its development goals and not risk slowing down or even halting growth, poverty alleviation, and shared prosperity, it is essential to make closing its huge infr...

by World Bank | On 27 Apr 2015

The Impossible Trinity: Where does India stand?

A comprehensive overview of a few empirical studies is presented that have explored the issue of Trilemma in the Indian context. Based on these studies an analysis is done on how have Indian policy ma...

by Satish Y Deodhar | On 30 Mar 2015

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

Investing in Health for Economic Development in Vietnam

This report present the findings from a mission undertaken by the authors in Vietnam in 2005. This report provides some of the particular aspects of the health sector from an economic perspective. It...

by | On 24 Mar 2015

Two Approaches to the Dynamics of Employment and Economic Growth in India

One of the most salient features of India’s labour market in the last two decades has been its relatively weak performance in terms of employment generation. The labour market experience of low and de...

by | On 23 Mar 2015

Investing to Overcome the Global Impact of Neglected Tropical Diseases

This report repositions a group of 17 neglected tropical diseases on the global development agenda at a time of profound transitions in the economies of endemic countries and in thinking about the ove...

by World Health Organisation (WHO) | On 09 Mar 2015

Global Strategy for Women' s and Children's Health

The global strategy for women’s and children’s health reports the challenges on health and services provided to women and children around the world. It sets out the key areas where action is urgently...

by United Nations UN | On 03 Mar 2015

Real-world Economic Review Issue 70

Table of Contents The euro area’s secular stagnation and what can be done about it 2 Leon Podkaminer Six core assumptions for a new conceptual framework for economics 17 Gustavo Marqués The Federal...

by PAER Post Autistic Economic Review | On 19 Feb 2015

Mid-Year Economic Analysis 2014-2015

In July 2013, India was teetering on the edge of macroeconomic crisis with double digit inflation, a high and rising current account deficit (CAD), and a falling rupee as investor sentiment turned s...

by Ministry of Finance GOI | On 18 Feb 2015

Report of High Level Committee on Reorienting the Role and Restructuring of Food Corporation of India (FCI)

Government of India (GoI) set up a High Level Committee (HLC) to suggest restructuring or unbundling of FCI with a view to improve its operational efficiency and financial management. GoI also asked H...

by Food Corporation of India | On 04 Feb 2015

Annual Day Lecture of the Delhi School of Economics, India

The lecture focuses on the continuing relevance of the founding principles of the School, viz., academic freedom, academic excellence, social commitment with technical competence.

by C.H. Hanumantha Rao | On 21 Jan 2015

Economic Sociology and Political Economy: A Programmatic Perspective

The paper presents some of the ideas underlying the current research program of the Max Planck Institute for the Study of Societies (MPIfG). It begins with a discussion of how the institute’s pro- gra...

by Jens Beckert | On 18 Jan 2015

Last Call to Get Climate Deal Right

The US “peaked” its emissions in 2012. Countries which were required to cut emissions did not do so at the scale or pace needed. The Durban CoP agreed that the world would work to finalise a new agree...

by Sunita Narain | On 03 Dec 2014

Multidimensional Poverty and Child Survival in India

Though the concept of multidimensional poverty has been acknowledged cutting across the disciplines (among economists, public health professionals, development thinkers, social scientists, policy make...

by Sanjay K. Mohanty | On 02 Dec 2014

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

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

by Anita Raj | On 02 Dec 2014

Pathways of Economic Inequalities in Maternal and Child Health in Urban India: A Decomposition Analysis

Children and women comprise vulnerable populations in terms of health and are gravely affected by the impact of economic inequalities through multi-dimensional channels. Urban areas are believed to ha...

by Srinivas Goli | On 19 Nov 2014

Economic Inequalities in Maternal Health Care: Prenatal Care and Skilled Birth Attendance in India

The use of maternal health care is limited in India despite several programmatic efforts for its improvement since the late 1980's. The use of maternal health care is typically patterned on socioecono...

by Praveen Kumar Pathak | On 06 Nov 2014

Agriculture, Income and Nutrition Linkages in India

India contains the majority of the world’s malnourished children, yet malnutrition has declined only very slowly in recent years, despite rapid economic growth and apparent improvements in food securi...

by Suneetha Kadiyala | On 31 Oct 2014

Women and Labour Markets in Asia: Rebalancing for Gender Equality

The report is a joint undertaking by the ADB and the ILO’s Regional Office for Asia and the Pacific, reflecting the high-level commitment of both organizations to gender equality in the region, as an...

by International Labour Organisation ILO | On 29 Oct 2014

India’s Economy: From Where to Where?

The economic policies that our founding fathers conceived for India defy easy characterization. They were an exasperating combination of simultaneously supporting and stifling private entreprene...

by Arvind Subramanian | On 20 Oct 2014

What Undermines Aid’s Impact on Growth?

Why it is so hard to find a robust effect of aid on the long-term growth of poor countries, even those with good policies. A possible offset to the beneficial effects of aid is examined using a meth...

by Raghuram G. Rajan | On 20 Oct 2014

Banking Renaissance: Inclusion, Innovation and Implementation

Innovative measures needed in our banking sector which would render it more inclusive, vibrant, productive, efficient and above all, customer-centric. [ seventh Annual Banking Conference “Bank on it ,...

by S.S. Mundra | On 17 Oct 2014

The Cult of Statistical Significance - A Review

A review and extended discussion is presented of The Cult of Statistical Significance: How the Standard Error Costs Us Jobs, Justice and Lives by Deirdre McCloskey and Stephen Ziliak, a work that rai...

by Sripad Motiram | On 29 Sep 2014

Estimating Workers' Bargaining Power and Firms' Markup in India: Implications of Reforms and Labour Regulations

Implications of industrial deregulations, trade liberalisation and labour regulations on workers' bargaining power and firms' markup in Indian manufacturing industries is examined, using state-wise th...

by Rupayan Pal | On 29 Sep 2014

Letting Girls Learn: Promising Approaches in Primary and Secondary Education

This paper analyses the benefits from female education (who gains and in what ways) and the constraints (direct and opportunity costs, reflecting economics and tradition). It then outlines promising a...

by Barbara Herz | On 01 Aug 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

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

Economics, Education and Unlearning

In collaboration with several respected economists in the UK, this report identifies the issues with economics education today. It is a detailed, evidence-based argument outlining the shortcomings of...

by Post Crash Economic Society | On 30 May 2014

The Role of Agriculture in Poverty Reduction: The Indian Experience

Poverty alleviation has been a pre-eminent goal of India’s development efforts since its Independence. Though there has been a significant decline in the incidence of poverty at the national level in...

by Alakh Sharma | On 29 Apr 2014

The Food Security Policy Context in South Africa

The analysis in this report leads to an overall conclusion that the IFSS is an excellent strategy on paper and a relevant framework for different stakeholders, but in reality it lacks implementing pow...

by Josee Koch | On 29 Apr 2014

Does Women’s Empowerment Reduce Prevalence of Stunted and Underweight Children in Rural India?

This study investigates whether mother’s empowerment as measured by her bargaining power relative to father’s affects children’s nutritional status by using three rounds of NFHS data in India. First,...

by Katsushi S Imai | On 17 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

Banks Competition, Managerial Efficiency and the Interest Rate Pass-through in India.

If banks solve an inter-temporal problem under adverse selection and moral hazard, then bank specific factors, regulatory and supervisory features, market structure, and macroeconomic factors affect ...

by Jugnu Ansari | On 21 Feb 2014

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

Rainfall Forecasts, Weather and Wages over the Agricultural Production Cycle

The effects of rainfall forecasts and realized rainfall on equilibrium agricultural wages are analysed over the course of the agricultural production cycle. It is shown theoretically that a forecast o...

by Mark Rosenzweig | On 13 Jan 2014

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

Asia's Rising Power and America's Continued Purpose

This paper examines a range of possible outcomes in strategic Asia and evaluates the likelihood of each outcome based on the prospective performance of the U.S and the Chinese economies, potential pol...

by Aaron Friedberg | On 26 Nov 2013

Bridging Education Gender Gaps in Developing Countries: The Role of Female Teachers

Recruiting female teachers is frequently suggested as a policy option for improving girls' education outcomes in developing countries, but there is surprisingly little evidence on the effectiveness of...

by Karthik Muralidharan | On 06 Sep 2013

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

Forecasting Profitability

Newly-available Indian panel data is used to estimate how the returns to planting-stage investments vary by rainfall realizations. [BREAD Working Paper No. 392]. URL:[http://ipl.econ.duke.edu/bread/pa...

by Mark Rosenzweig | On 16 Aug 2013

Asia: ‘The Explosive Transformation’

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

by Pankaj Mishra | On 10 Aug 2013

Why Is Mobility in India So Low? Social Insurance, Inequality, and Growth

This paper examines the hypothesis that the persistence of low spatial and marital mobility in rural India, despite increased growth rates and rising inequality in recent years, is due to the existenc...

by Kaivan Munshi | On 22 Jul 2013

Issue of Declining Child Sex Ratio

As per the Census, the child sex ratio (0-6 years) has shown a sharp decline from 927 females per thousand males in 2001 to 914 females per thousand males in 2011.

by Anonymous | On 27 May 2013

Efficiency of Raising Health Outcomes in the Indian States

This study measures the efficiency of Indian states in raising health outcomes, using the stochastic frontier methodology for panel data for the period 2000-2009. [MSE WORKING PAPER 70/2012]. URL: [...

by Prachitha J | On 16 Apr 2013

Indian Banking Sector: Pushing the Boundaries

Asset quality of banks has come under increasing pressure with rising NPAs and Restructured loans. The Gross NPA ratio for the banking system, which was 2.4% in March 2011, increased to 3.6 per cent b...

by Chakrabarty K C | On 07 Mar 2013

Explaining Access to Credit by Rural Households: Results based on a Study of Several States in India

Against the backdrop of evolution of rural credit system in India as well as its observed failure to be inclusive in character, this paper makes use of a fairly large data set of the Center for Manage...

by Saugandh Datta | On 07 Mar 2013

The Distributional Impacts of Climate Change on Indian Agriculture : A Quantile Regression Approach

Using a 30-year dataset on district level yields with more than 200 districts and pairing it with a newly available gridded weather data set this paper estimates the impact of climate change on major...

by Chandra Kiran B Krishnamurthy | On 12 Feb 2013

The Companies Bill, 2011

A bill to consolidate and amend the law relating to companies. [PRS]. URL:[http://www.prsindia.org/uploads/media/Company/companies%20bill%202011.pdf].

by Parliamentary Research Service PRS | On 11 Feb 2013

Vital Stats: Parliament in Winter Session 2012

The first half of the Winter Session of Parliament, 2012 was dominated by disruptions over and discussion on the government's notification to allow 51% FDI in the retail sector. The issue was finally...

by Devika Malik | On 21 Dec 2012

Poverty, Human Development and Health Financing in India

This study aims at analyzing the differentials across rich and poor states and across rich and poorer strata and rural urban segments of 19 major Indian states. The study indicates that besides ind...

by Brijesh C Purohit | On 28 Sep 2012

On China’s Traditional Culture and Peaceful Development Strategy

This article discusses the cultural basis and origins of the idea of this strategy from the point of view of China’s traditional culture and historical development and analyzes the the reality of C...

by Wang Dewen | On 27 Sep 2012

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

Issues in Development Studies in the 21st Century

Review of the book Challenges for Development in 21st Century by Ruby Ojha, B.R. Publications, 2011.

by Vibhuti Patel | On 14 Aug 2012

Estimation of Discount Factor ß and Coefficient of Relative Risk Aversion ? in Selected Countries

The long-run discount factor for a group of developed and developing countries is estimated through standard methodology incorporating adaptive expectations of inflation. In the second part, while con...

by Waqas Ahmed | On 07 Aug 2012

Are Embankments a Good Flood-­-Control Strategy? A Case Study of the Kosi River

This paper makes a first pass at evaluating embankments. Using two years or more of data from 504 households in 28 villages in the floodplain of the Kosi river in north Bihar, a comparison of the agri...

by E Somanathan | On 25 Jul 2012

How Close Does the Apple Fall to the Tree? Some Evidence on Intergenerational Occupational Mobility from India

Using data from the India Human Development Survey (IHDS) 2005, intergenerational occupational mobility in India is examined, an issue on which very few systematic and rigorous studies exist. Individ...

by Sripad Motiram | On 12 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

Homo Biometricus: Biometric Recognition Systems and Mobile Internet Services

Biometric procedures are already accepted by millions of people every day on a variety of (social) internet platforms. Biometric identification procedures and their potential applications in everyday...

by Thomas F Dapp | On 05 Jul 2012

Growth of Asian Pension Assets: Implications for Financial and Capital Markets

Pension assets have seen rapid growth world-wide over the past decades, although they suffered large losses during the global financial crisis of 2007–2008. Such growth is notably due to both structur...

by Yuwei Hu | 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

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

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

by Nadeem Ul Haque | On 28 May 2012

The Impact of 1998 and 2008 Financial Crises on Profitability of Islamic Banks

The paper investigates the profitability of 78 Islamic banks in 25 countries for the period of 1992-2009. The Fixed Effect Model (FEM) used to analyse profitability shows that profit efficiency is pos...

by NOR HAYATI BT AHMAD | On 24 May 2012

Internal vs. International Migration: Impacts of Remittances on Child Well-Being in Vietnam

This paper focuses on the effects of domestic and international remittances on children’s well-being. Using data from the 1992/93 and 1997/98 Vietnam Living Standards Surveys, an investigation of the...

by Michele Binci | On 11 May 2012

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

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

by Guillaume P Gruere | On 25 Apr 2012

Labour Migration and Remittances in Uttarakhand

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

by Anmol Jain | On 18 Apr 2012

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

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

by Michael D Bordo | On 13 Apr 2012

Monetary Transmission in Pakistan: The Balance Sheet Channel

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

by Safia Shabbir | On 09 Apr 2012

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

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

The Second Fundamental Theorem of Positive Economics

Welfare Economics is fortunate that there are two Fundamental Theorems of Welfare Economics. Positive Economics on the other hand is seemingly endowed with none. One of the fundamental results of Posi...

by Anjan Mukherji | On 15 Mar 2012

Sri Lanka Budget Speech 2012

Budget speech 2012.

by Mahinda Rajapaksa | On 24 Feb 2012

Towards a Model for Analyzing the Impact of Macroeconomic Adjustment Policies on Households: A Review of Empirical Household Models in the Philippines

The paper has two objectives, namely: (a) determine and assess how existing empirical household models are able to capture the effects of changes in the macroeconomic variables on the welfare of the...

by Aniceto C. Orbeta Jr. | On 17 Feb 2012

Economics of Mango Cultivation

The paper is based on "Commodity Specific Study on Mango" undertaken by NABARD in the states of Andhra Pradesh, Maharashtra and West Bengal. For the study, A total sample of 186 respondents was sele...

by G.D. Banerjee | On 17 Feb 2012

Bank Lending and Monetary Shocks: Evidence from a Developing Economy

This paper investigates the role of credit market frictions in the transmission of monetary shocks in Pakistan. First, using macro data, it is shown that banking spreads are countercyclical, even it i...

by M. Ali Choudhary | On 08 Feb 2012

Estimating the Middle Class in Pakistan

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

by Durr-e- Nayab | On 06 Feb 2012

International Competitive Strategy Choices: Comparing Firms in China and India

The international business literature has yet to adequately explore international competitive strategy choices made by firms in developing countries. This study aims to address this gap by investiga...

by Ping Lv | On 02 Feb 2012

Fiscal Policy in India: Trends and Trajectory

This essay examines the trajectory of India?s fiscal policy with a focus on historical trends, fiscal discipline frameworks, fiscal responses to the global financial crisis and subsequent return to a...

by Supriyo De | On 31 Jan 2012

Challenges in IMS Reforms: A Global and Emerging Markets Perspective

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

by Alok Sheel | On 10 Jan 2012

Inter-connectedness of Banks and NBFCs in India: Issues and Policy Implications

The recent global financial crisis (2007-09) has clearly highlighted the gravity of high financial inter-connectedness within the financial system. In the Indian context, this brief study attempts to...

by Karunagaran A | On 05 Jan 2012

The Open Knowledge Foundation: Open Data Means Better Science

This article focuses on the Open Knowledge Definition and the Panton Principles for Open Data in Science. Some of the tools the group has developed to facilitate the generation and use of open dat...

by Jennifer C Molloy | On 03 Jan 2012

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

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

by Muhammad Arshad Khan | On 03 Jan 2012

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

The Financial Accelerator: An Emerging Market Story

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

by Shah Hussein | On 03 Nov 2011

Complex, Historical, Self-reflexive: Expect the Unexpected!

The object world of the social sciences is complex, historical and self-reflexive. It generates nonlinear effects, it is unique, and it is able to understand the theories developed about it and resp...

by Sandra Mitchell | On 01 Nov 2011

Unilateral Carbon Border Measures: Key Legal Issues

Parties to the United Nations Framework Convention on Climate Change (UNFCCC) have been engaged in discussions on the future of the climate change regime. While the principle of “common but differenti...

by Anuradha R. V. | On 01 Nov 2011

Recent Global Crisis and the Demand for Gold by Central Banks: An Analytical Perspective

When India purchased 200 tonnes of gold under the International Monetary Fund's limited gold sales programme, it was interpreted inter alia that it may further inflate the gold price when the price...

by Karunagaran A | On 17 Oct 2011

Global Economic Crisis: Impact and Restructuring of the Services Sector in India

The Indian economy has shown considerable resilience to the global economic crisis by maintaining one of the highest growth rates in the world. The services sector accounted for around 88 per cent of...

by Abhijit Das | On 13 Oct 2011

Loan-to-Value Ratio as a Macro-Prudential Tool: Hong Kong's Experience and Cross-Country Evidence

This study assesses the effectiveness and drawbacks of maximum loan-to-value (LTV) ratios as a macroprudential tool based on Hong Kong’s experience and econometric analyses of panel data from 13 eco...

by Eric Wong | On 03 Oct 2011

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

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

by State Bank of Pakistan SBP | On 15 Sep 2011

Report of the Expert Committee on Licensing New Urban Co-operative Banks

With a view to increasing the coverage of banking services amongst local communities, it was proposed in the Annual Policy Statement for the year 2010-11 to set up a Committee comprising of all stakeh...

by Reserve Bank of India RBI | On 15 Sep 2011

Productivity Dynamics in the Indian Pharmaceutical Industry: Evidences from Plant-level Panel Data

This paper investigates the effects of plants' dynamics on productivity growth in the Indian pharmaceutical industry across five regions: north, north-west, west, south and the rest of India, during t...

by Atsuko Kamiike | On 06 Sep 2011

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

Indian Social Democracy: The Resource Perspective

This paper examines the strategy for obtaining adequate resources for the Indian State, where the goals of the State comprise the provision of public goods (which, by de nition, bene t everyone) and...

by P.V. Srinivasan | On 24 Aug 2011

Technology in Banking- In Pursuit of Excellence

The contribution of technology to the Indian banking industry, the role played by IDRBT and the significance of banking technology awards, in fostering the technological developments of banks. Issues...

by Anand Sinha | On 23 Aug 2011

Identifying Systemically Important Financial Institutions (SIFIs)

In this study the analytical framework for identifying and benchmarking systemically important financial institutions is discussed. First, the main concepts underlying the SIFI definition are laid out...

by Christian Weistroffer | On 12 Aug 2011

Indian Education System – Issues and Challenges

The role played by Reserve Bank of India (RBI) and the banking system in India in strengthening education system. Realizing the importance of education for the economic development and the overall liv...

by Chakrabarty K C | On 10 Aug 2011

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

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

by Dhritidyuti Bose | On 08 Aug 2011

In the Shadow: Illegal Markets and Economic Sociology

Illegal markets differ from legal markets in many respects. Although illegal markets have economic significance and are of theoretical importance, they have been largely ignored by economic sociology....

by Jens Beckert | On 05 Aug 2011

Financial Inclusion in India: A case-study of West Bengal

The study seeks to examine the extent of financial inclusion in West Bengal. It is observed from the study that although there has been an improvement in outreach activity in the banking sector, the...

by Sadhan Kumar Chattopadhyay | On 03 Aug 2011

Efficiency and Productivity Growth in Indian Banking

This paper attempts to examine technical efficiency and productivity performance of Indian scheduled commercial banks, for the period 1979-2008. A model is constructed using multiple output/multiple i...

by S S Rajan | On 03 Aug 2011

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

Global Financial Crisis: Implications for Trade and Industrial Restructuring in India

This study investigates the impact of global crisis shocks on India’s trade and industry. Both panel data modeling and vector autoregression techniques are used to understand the dynamic effects of gl...

by Prabir De | On 22 Jul 2011

Structural Changes in Economics during the Last Fifty Years

The pre-classical economics, if this term can be used to denote an enquiry regarding the system of livelihood of the people and forces determining their prosperity that existed before the rise of sc...

by S.K. Mishra | On 23 Jun 2011

Economic Growth and Poverty Dynamics

This paper briefly reviews the literature on economic growth and poverty and then examines whether economic growth influences poverty dynamics. The literature relating to the impact of economic growth...

by Shashanka Bhide | On 22 Jun 2011

Macroprudential Policies: Indian Experience

Reserve Bank of India (RBI) has been using macroprudential polices, more notably the countercyclical policies, since 2004 as a toolkit for ensuring financial stability though it had used them sporadic...

by Anand Sinha | On 16 Jun 2011

City Governments and Public Water Supply in India: Analysing the Institutional Economics

Given that the 74th amendment to the Indian Constitution stipulates that the water supply service is to be transferred to the city/urban governments this note analyses the institutional economics of...

by Centre for Global Development | On 15 Jun 2011

Efficiency Spillovers from FDI in the Indian Machinery Industry: A Firm Level Study Using Panel Data Models

Adopting a micro-level framework of impact of FDI in an industry, this study empirically examines the following three issues in the context of Indian machinery industry (IMI) - division 28 of Nation...

by Pradeep Kumar Keshari | On 14 Jun 2011

Financial Sector Legislation: (Random) Lessons from (Random) Experinces

In this distinguished lecture on Law and Economics, the author shares the lessons in economics that he has learnt from random experiences of the same. [IGDIR PP-067] URL: [http://www.igidr.ac.in/pdf/p...

by Y. Venugopal Reddy | On 18 May 2011

How to bring economics into the 3rd millennium by 2020

This paper argues four theses and outlines an action plan. 1. The Global Financial Collapse has created a climate among the intelligentsia - that strongly supports fundamental changes in economi...

by Edward Fullbrook | On 17 May 2011

What Determines the Academic and Professional Participation of Economists?

A casual overview of rankings of economics departments and economists conducted by Internet Documents in Economics Access Service (IDEAS) would reveal that economists of some countries participat...

by S.K. Mishra | On 17 May 2011

What Constrains Business? The Role of the ‘Single Window’ in Gujarat, India

The investment climate of a region reflects the location specific factors that provide opportunities and incentives for firms to invest, create jobs, and expand. A good investment cl...

by Errol D'souza | On 11 May 2011

Which Type of Stove is Best? An Environmental Impact Assessment from Nepal

This study investigates whether the type of cook stove a household uses has an impact on its level of firewood use. Not surprisingly, the study finds that households with traditional mud stoves use...

by Mani Nepal | On 05 May 2011

Bucking Tobacco Sponsorship at Rodeos: Strategies for Media Advocacy and Public Engagement

This paper attempts to explore a media advocacy plan to counter the aggressive marketing by the tobacco industry at family sporting events, and to shift the focus from current arguments that frame tob...

by Berkeley Media Studies Group | On 02 May 2011

Report of the Task Force on Plantations Sector

Today there is no credible alternative facility available to a grower to meet the risks of price movements and the art of price risk management is unknown to the small growers. (In this entire report,...

by Ministry of Commerce and Industry GOI | On 02 May 2011

Has India Emerged? Business Cycle Stylized Facts from a Transitioning Economy

This paper presents a comprehensive set of stylised facts for business cycles in India from 1950 - 2009. India's business cycle in the pre 1991 economy is compared with the post 1991 Indian economy,...

by Ila Patnaik | On 27 Apr 2011

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

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

What Regulatory Policies Work for Emerging Markets?

This paper discusses the banking regulatory and supervisory practices in People’s Republic of China (PRC) with reference to the international standard for banking supervision, namely, the Basel Core P...

by Luo Ping | On 28 Mar 2011

Banking Laws Amendment Bill

The government introduced a bill in the Lok Sabha on Tuesday that seeks to align voting rights in private banks with shareholding, enhance the central bank’s regulatory powers over banks and give grea...

by Economic Times ET | On 23 Mar 2011

The Banking Laws (Amendment) Bill, 2011

A BILL further to amend the Banking Regulation Act, 1949, the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970 and the Banking Companies (Acquisition and Transfer of Undertak...

by Parliamentary Research Service PRS | On 23 Mar 2011

Trade in Services and Human Development: A First Look at the Links.

Some services directly produce outputs that are important for human development, such as basic human services. Many other services are important inputs into the production and distribution of goods th...

by Ben Shepherd | On 21 Mar 2011

Banking and Beyond: New Challenges before Indian Financial System

A very basic and core issue for the Indian banking system and that is the challenge of achieving Financial Inclusion. Without being inclusive, financial and economic stability cannot be sustainable. F...

by Chakrabarty K C | On 17 Mar 2011

Stimulus, Recovery and Exit Policy G20 Experience and Indian Strategy

There are large variations among the G20 countries in their deceleration experiences, transmission mechanisms and their current macroeconomic outlook. Hence, this paper argues that each country nee...

by Sudipto Mundle | On 14 Mar 2011

Enhancing Development through Policy Coherence

Policy coherence implies that donors in pursuing domestic policy objectives should avoid adversely affecting the development prospects of poor countries. To achieve policy coherence donors and multila...

by Amelia U. Santos Paulino | On 14 Mar 2011

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

The Uses of Economic Theory: Against a Purely Positive Interpretation of Theoretical Results

Economists are excessively influenced by the so-called positive economics view, which says that economists should only describe and not prescribe. Here the author argue that this view is flawed beca...

by Abhijit V. Banerjee | On 04 Mar 2011

Governance in Indonesia:Some Comments

Governance is often a difficult process. Proper governance ideally involves formulating an overall strategy of operations, translating this strategy into specific policies and decisions, and then im...

by Peter McCawley | On 03 Mar 2011

An Ethnobiography of Teyyam Performance from a Practitioner’s Perspective

Rajesh Komath gives a description the conflicts between his socio-material position as a Teyyam performer, and persona/personality as a student of economics.

by Smriti Vohra | On 26 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

Indian Social Democracy:The Resource perspective

This paper examines the strategy for obtaining adequate resources for the Indian State, where the goals of the State comprise the provision of public goods (which, by defi nition, benefi t everyone)...

by Vijay Kelkar | On 17 Feb 2011

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

Valuing the Environment in Developing Countries: Modeling the Impact of Distrust in Public Authorities’ Ability to Deliver on the Citizens’ Willingness to Pay for Improved Environmental Quality

This paper employs the choice experiment method to estimate local  citizens’ valuation of a public intervention which proposes to improve the  quality of an important environmental resource, namel...

by Ekin Birol | On 09 Feb 2011

Regulating Bioprospecting: Institutions for Drug Research, Access and Benefit-Sharing

This policy brief summarizes the main arguments and conclusions of a forthcoming book by United Nations University Press, which examines the regulation of bioprospecting for drug research from an inte...

by Padmashree Gehl Sampath | On 08 Feb 2011

Women's Movements Engagement With the Law: Existing Contradictions and Emerging Challenges

Through over a century-long history, the women’s movement in India has been engaged with law as an instrument with which to negotiate women’s rights. To a great extent this strategy has been successf...

by Centre for Women's Development Studies | On 31 Jan 2011

Report of the Sub-Committee of the Central Board of Directors of Reserve Bank of India to Study Issues and Concerns in the MFI Sector

While this growth is impressive, a number of studies both in India and abroad have questioned whether growth alone is effective in addressing poverty and what the adverse consequences of a too rapid g...

by Reserve Bank of India | On 30 Jan 2011

Development Strategies: Lessons from the Experiences of South Korea, Malaysia, Thailand and Vietnam

This piece synthesizes the development strategies of Korea, Malaysia, Thailand and Vietnam and draws some relevant lessons. Using a complex adaptive systems approach, strategic openness, a set of...

by Haider A. Khan | On 27 Jan 2011

Presence of Foreign Banks in India

This discussion paper on the form of presence of foreign banks in India has been prepared taking into account, inter-alia, the lessons learnt from the recent global financial crisis and the practice...

by Reserve Bank of India | On 26 Jan 2011

Voluntary Contribution in the Field: An Experiment in the Indian Himalayas

In this paper is a study of trend of voluntary contribution for community services in the Indian Himalayan region. The study is done by using an experimental game method of face-to-face communication...

by Sujoy Chakravarty | On 25 Jan 2011

On the Causal Links between FDI and Growth in Developing Countries

In this paper they analyse the Granger causal relationships between foreign direct investment (FDI) and GDP in a sample of 31 developing countries covering 31 years. Using estimators for heteroge...

by Henrik Hansen | On 18 Jan 2011

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

Profitability of BRAC-financed Projects: A Study of Seven Microenterprises in Matlab

The basic objective of this study was to look at the profit rates made by VO members once they have made investments in projects financed through BRAC loans. BRAC’s twin objectives of employment and ...

by Hassan Zaman | On 28 Dec 2010

Healthcare Delivery and Stakeholder’s Satisfaction under Social Health Insurance Schemes in India: An Evaluation of Central Government Health Scheme (CGHS) and Exservicemen Contributory Health Scheme (ECHS)

This study attempted to evaluate the working of the Central Government Health Scheme (CGHS) and Ex-servicemen Contributory Health Scheme (ECHS) by assessing patient satisfaction as well as the issue...

by Sukumar Vellakkal | On 21 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

The Dynamics of Farmers’ Market: A Case Analysis of “Uzhavar Sandhai” of Tamil Nadu

The paper is a study to examine the impact of Uzhavar Sandhai on farmers' standards of living. It also gives some insightful policy suggestions.

by Murali Kallummal | On 09 Dec 2010

Asian Century: A Comparative Analysis of Growth in China, India and other Asian Economies

The paper argues that if the Chinese economy had failed, mainstream economics would have described this as completely predictable, given the extent and nature of involvement of the Chinese state in th...

by Kaushik Basu | On 06 Dec 2010

Thailand’s Commercial Banks’ Role in Financing Dams in Laos and the Case for Sustainable Banking

This paper puts forward the case for Thailand’s commercial banks to move towards more sustainable banking practices that proactively contribute towards socially and environmentally sustainable and j...

by Carl Middleton | On 25 Nov 2010

Convergence Club Empirics: Some Dynamics and Explanations of Unequal Growth across Indian States

This paper documents the convergence of incomes across Indian states over the period 1965 to 1998. It departs from traditional analyses of convergence by tracking the evolution of the entire income...

by Sanghamitra Bandyopadhyay | On 22 Nov 2010

Prospects for Regional Cooperation between Latin America and the Caribbean Region and the Asia and Pacific Region: Perspective from East Asia

The Asia and Pacific region and Latin America and Caribbean region are two regions divided not only by vast geographic distance, but also by disparities in economics, politics, culture, and history. M...

by Erlinda M. Medalla | On 04 Nov 2010

Government mediated program on intensifying industry- academia linkages for human resource development; Experiences of an innovative model from TIFAC

The importance of academia- industry linkages for development of an economy is well recognized. With a view to make the higher technical education relevant, by forging and catalyzing functional linka...

by Jancy Ayyaswamy | On 03 Nov 2010

Informalization of Industrial Labour in India: Are labour market rigidities and growing import competition to blame?

Since the 1980s, there has been increasing informalization of industrial labour in India. It has taken two forms: rising share of the unorganized sector in manufacturing employment and informalizatio...

by Bishwanath Goldar | On 03 Nov 2010

Human Capital and Manufacturing Productivity Growth in India

Empirical studies on total factor productivity growth (TFPG) in developing countries highlight trade openness, research and development and market structure as being the most important determinants...

by Vinish Kathuria | On 02 Nov 2010

Rankings of Economics Journals and Departments in India

This paper is the first attempt to rank economics departments of Indian Institutions based on their research output. Two rankings, one based on publications in international journals, and the other b...

by Tilak Mukhopadhyay | On 02 Nov 2010

Skills, Informality and Development

This paper makes an attempt to estimate the index of informal sector employment which can be attributed to the supply-push phenomenon. Factors which explain the inter-state variations include the...

by Dibyendu S. Maiti | On 02 Nov 2010

Human Capital, Labour Productivity and Employment

This paper analyses the importance of human capital in determining the inter-state differences in labour productivity and its growth in India. The paper also examines the impact of human capital d...

by Savita Bhat | On 01 Nov 2010

Human Capital and Development: A Tale of Two Cities--Software Sector in Hyderabad and Bangalore

This paper discusses the factors that promote clusters and the role of clusters in the generation and spread of human capital The analysis in the paper is based on a comparative study of software fir...

by V. N. Balasubramanyam | On 29 Oct 2010

Labour and Energy Intensity: A Study of Pulp & Paper Industries in India

This paper is an attempt to understand the relationship between the labour and energy intensity for firms drawn from pulp and paper industries in Indian manufacturing. Pulp and paper industry account...

by K. Narayanan | On 29 Oct 2010

Impact of Remittances on Poverty in Developing Countries

Remittances are increasingly becoming an important source of external financing for the developing countries. For some of the developing countries, it forms almost 40-50% of their GDP. Though there is...

by Rashmi Banga | On 29 Oct 2010

Understanding NREGA: A Simple Theory and Some Facts

A developing economy like India is often characterised by a labour market with demand and supply of labour and a wage that even if competitively determined may not be adequate for the poor household t...

by Diganta Mukherjee | On 29 Oct 2010

ASEAN Open Skies and the Implications for Airport Development Strategy in Malaysia

“Open Skies,” in general, refers to the liberalization of aviation markets that can be pursued on a bilateral, regional, or multilateral basis. At the Association of Southeast Asian Nations (ASEAN)...

by Siew Yean Tham | On 29 Oct 2010

The Impact of Free Trade Agreements on Business Activity: A Survey of Firms in the People's Republic of China

The People’s Republic of China (PRC) has emerged as a major player in the global economy and considers free trade agreements (FTAs) an important part of its global trading strategy. The PRC’s export i...

by Yunling Zhang | On 12 Oct 2010

Towards an Economic Approach to Sustainable Forest Development

The present paper looks at the various dimensions of contributions by forests in the context of the Indian economy. Based on a detailed review of literature on importance and valuation of forests, s...

by Archana S Mathur | On 08 Oct 2010

Some Notes on the Conceptual Foundations of the MDG Process

Before we can assess where we are with the MDG Process, we need to be clear about what the objectives are of setting the MDGs and the MDG Process. In order to do this, two fundamental questions need t...

by Ravi Kanbur | On 21 Sep 2010

Concentrating Solar Power in China and India: A Spatial Analysis of Technical Potential and the Cost of Deployment

This study provides an in-depth assessment of Concentrating solar power (CSP) potential in China and India using high-resolution spatial data for site selection and modeling of plant performance, ass...

by Kevin Ummel | On 03 Sep 2010

The Predictive Value of Subjective Labour Supply Data: A Dynamic Panel Data Model with Measurement Error

This paper tests the predictive value of subjective labour supply data for adjustments in working hours over time. The idea is that if subjective labour supply data help to predict next year’s wor...

by Rob Euwals | On 12 Aug 2010

Speeding Up the Estimation of Expected Maximum Flows Through Reliable Networks

In this paper we present a strategy for speeding up the estimation of expected maximum flows through reliable networks. Our strategy tries to minimize the repetition of computational effort while ev...

by Megha Sharma | On 23 Jul 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

Morbidity Costs of Vehicular Air Pollution: Examining Dhaka City in Bangladesh

This study estimates the morbidity costs of reduction in air pollution in Dhaka, the capital of Bangladesh, using the Cost-of-Illness (COI) approach. COI is defined as the sum of lost earnings due t...

by Tanzir Chowdhury | On 19 Jul 2010

Immigrant Assimilation and Welfare Participation: Do Immigrants Assimilate Into or Out-of Welfare

This paper analyzes differences in welfare utilization between immigrants and natives in Sweden using a large panel data set, LINDA, for the years 1990 to 1996. Both welfare expenditures and immigra...

by Jörgen Hansen | On 09 Jul 2010

Supply Response of Indian Farmers: Pre and Post Reforms

This study estimates supply response for major crops during pre and post reform periods using Nerlovian adjustment cum adaptive expectation model. Estimation is based on dynamic panel data approach wi...

by G. Mythili | On 06 Jul 2010

Estimating human resource requirements for scaling up priority health interventions in Lowincome countries of Sub-Saharan Africa: A methodology based on service quantity, tasks and productivity (THE QTP METHODOLOGY)

This study was carried out under the auspices of the LSHTM Health Economics and Financing Program, which, at the time of the work, received a research programme grant from DFID. The findings, conclu...

by Christoph Kurowski | On 25 Jun 2010

Understanding Vietnam: A Look Beyond Facts and Figures

Vietnam's (re) discovery in recent years by the international investor community gives the country a second chance to become and Asia tiger. The article looks into the economic, social, political, per...

by Tamara Trinh | On 16 Jun 2010

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

Transcending Boundaries: Indian Nurses in Internal and International Migration

This paper discusses the case of Indian nurses who take up their profession as part of a family strategy, where planning for education and migration are intrinsic to the whole process. In effect, th...

by Sreelekha Nair | On 03 Jun 2010

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

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

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

by D. Kumara Charyulu | On 25 May 2010

Determinants of the Choice of Migration Destination

This paper examines migrants choice of destination conditional on migration. To this end, an empirical strategy is designed which remedies both migration selection and unobserved heterogeneity probl...

by Marcel Fafchamps | On 18 Mar 2010

State Aid and Competition in Banking: The Case of China in the Late Nineties

A reduced form model where banks can pursue other goals than profit maximization is presented. This allows us to test for behavioral changes of banks over time. This model provides a framework to e...

by Xiaoqiang Cheng | On 23 Feb 2010

Graduating to Globalisation: A Study of Southern Multinationals

FDI by firms in developing countries is a recent phenomenon and demands a study of relationship between firm productivity and different modes of globalisation activities. This paper attempts to unde...

by Dilek Demirbas | On 16 Feb 2010

Climate Sensitivity of Indian Agriculture Do Spatial Effects Matter?

Climate change impact studies on agriculture can be broadly divided into those that employ agro-economic approaches and those that employ the Ricardian approach. This study uses the Ricardian approa...

by K S Kavi Kumar | On 05 Feb 2010

Human Resources for Health: Requirements and Availability in the Context of Scaling-Up Priority Interventions in Low-Income Countries

The purpose of this study was to explore the role and importance of human resources for the scaling up of health services in low income countries. In the case studies, the following have been analyze...

by Christoph Kurowski | On 28 Jan 2010

Social Business: A Step Toward Creating a New Economic and Social Order

The concept of social business flows from a firm conviction that profit or benefit is not the only motivating factor for an entrepreneur and an entrepreneur can also be motivated by social goals and e...

by Mohammad Yunus | On 27 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

A Marketing Scheme for Making Money off Innocent People: A User’s Manual

Firms often give away free goods with the product that they sell. Firms often give stock options to their top management and other employees. Mixing these two practices—giving stock options to consu...

by Kaushik Basu | On 15 Dec 2009

Mobile Commerce, Mobile Banking - The Emerging Paradigm

What is m-banking, Basic characteristics of m-commerce/e-commerce, Evolution of electronic financial services (e-banking/e-commerce/m-banking/m-commerce), Role of non-banks in Indian Payment Scenario....

by Chakrabarty K C | On 14 Dec 2009

The Effect of Direct Foreign Investment on Domestic Firms: Evidence from Firm Level Panel Data in Emerging Economies

This paper uses firm level panel data to investigate empirically the effects of direct foreign investment (DFI) on the productivity performance of domestic firms in three emerging economies of Centr...

by Jozef Konings | On 11 Dec 2009

Poverty Dynamics in Rural Sindh, Pakistan

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

by Hari Ram Lohano | On 10 Dec 2009

Literacy Traps: Society-wide Education and Individual Skill Premia

Using a model of O-ring production function, the paper demonstrates how certain communities can get caught in a low-literacy trap in which each individual finds it not worthwhile investing in higher...

by Vidya Atal | On 01 Dec 2009

GenNext Banking: Issues and Perspectives

The speech covers the macro setting for GenNext banking by way of discussing the demographic composition of India’s population and the nexus between low dependency ratio and saving. It also provides...

by Chakrabarty K C | On 30 Nov 2009

Should Banking Be Made Boring? - An Indian Perspective

Ills of the banking system that caused the crisis. An extensive analysis of the causes is given. A brief synopsis to provide a backdrop for the ‘boring banking’ discussion is given. [Speech at the Int...

by Duvvuri Subbarao | On 25 Nov 2009

Philosophy and Practice of Financial Sector Regulation – Space for Unorthodoxy

Evolution of the financial sector regulation in India, particularly focusing on the elements of the policy framework which have contributed to the broader stability in the financial sector is depicted...

by Shyamala Gopinath | On 05 Nov 2009

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

How Sapient is Homo Economicus? The Evolutionary Origins of Trade, Ethics and Economic Rationality

The paper argues that economism and, in particular, the individual drive to maximize utility and amass profit are not enough to ensure the efficient functioning of an economy; and that even for elemen...

by Kaushik Basu | On 09 Oct 2009

The Place of Nature in Economic Development

Review of the most salient issues in ecological economics when the subject is applied to the field of economic development. The aim here has not been to be scholastic but to examine the lives of the...

by Partha Dasgupta | On 06 Oct 2009

Civil War: A Review of Fifty Years of Research

A review of several decades of scholarship on civil war, focusing on the answers to key questions: Why do wars begin? Who fights? How are armed groups organized? How can we end and prevent internal wa...

by Christopher Blattman | On 05 Oct 2009

Size, Efficiency and Financial Reforms in Indian Banking

The study seeks to answer two very basic questions in the Indian context: first, are there economies of scale and scope in Indian banking? In other words, are bigger banks better for India? And, se...

by Pradeep Srivastava | On 23 Sep 2009

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

What Is the Impact of the Global Financial Crisis on the Banking System in East Asia?

This paper assesses the condition and outlook of the financial sectors—in particular, the banking sector—in the East Asia region in the aftermath of the current global financial crisis. The risks in t...

by Michael Pomerleano | On 07 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

Technology, Financial Inclusion and Role of Urban Cooperative Banks

The focus should be to simplify the technology which can operate on any platform. The technology solution to the business needs should be user-friendly without much third-party or IT vendor interventi...

by Chakrabarty K C | On 11 Aug 2009

Village Development Boards (VDBs) in Nagaland

The article describes the constitution and functions of Village Development Boards (VDBs) in NAGALAND where VDBs are considered as “Financial Intermediaries” or “Non-Banking Financial Intermediaries”....

by Karmakar K G | On 06 Aug 2009

Policies and Strategies for Radioactive Waste Management

The spent fuel and radioactive waste management strategy sets out the means for achieving the goals and requirements set out in the national policy. It is normally established by the relevant waste...

by International Atomic Energy Agency IAEA | On 04 Aug 2009

Hong Kong's Banks During the Financial Crisis

Despite the negative impact of the current crisis and many remaining uncertainties about the actual economic recovery path, the medium-term outlook for Hong Kong’s banks remains favourable.

by Robert Mülhaupt | On 15 Jul 2009

Self-help Co-operatives, Deposit Mobilisation and Supply of Credit

The paper is aimed at exploring as to how such co-operatives (i) function and deal with members while delivering micro finance; (ii) mobilise funds, and (iii) get shaped and reshape the contents of me...

by Gagan Bihari Sahu | On 09 Jul 2009

Labour and Trade Unions in the Financial Sector: Challenges and Perspectives in Contemporary Brazil

The configuration of the liquid wealth involved a reorganization of society and the financial system with on labour and trade union organization in Brazil. The changes involved the redefinition of the...

by Jose Ricrado Goncalves | On 06 Jul 2009

Access to Banking Services and Poverty Reduction: A State-wise Assessment in India

Financial inclusion is the broad based delivery of banking and other financial services at affordable cost to the poorest sections of the society. In India, financial inclusion emphasizes to include m...

by Amit. K. Bhandari | On 16 Jun 2009

Adding Insecurity to Live: Erratum Annual Report and Accounts: Unilever

The aim of this Erratum to the Annual report and Accounts, is to inform Unilever shareholders and other interested parties of the full story behind the good revenues and efficient restructuring pr...

by FNV Mondiaal FNV | 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

Technical Note on Employment for the Eleventh Five Year Plan (2007 – 2012)

This 'Technical Note on Employment for the Eleventh Five Year Plan' presents the quantitative basis for determining the targets and projections on employment, and the related variables given in the El...

by Planning Commission Labour, Employment & Manpower Division | On 06 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

Blunt Instruments: On Establishing the Causes of Economic Growth

Despite intense concern that many instrumental variables used in growth regressions may be invalid, or both, top journals studies of economic growth based on problematic instruments. doing so risks p...

by Samuel Bazzi | On 04 Jun 2009

Information Technology and Banking – A Continuing Agenda

Speech is about the role of IT in the Indian financial sector [Keynote address at the Banking Technology Awards 2008 of the Institute for Development & Research in Banking Technology, Hyderabad].

by D Subbarao | On 25 May 2009

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

Mapping Indian Districts Across Census Years, 1971-2001

The Indian states have been the standard unit of analysis for research on India that uses official data sources. For many empirical questions, states are a natural starting point because state governm...

by Hemanshu Kumar | On 15 May 2009

Agricultural Impact of Climate Change: A General Equilibrium Analysis with Special Reference to Southeast Asia

Capitalizing on the most recent worldwide estimates of the impacts of climate change on agricultural production, this paper assesses the economic effects of climate change for Southeast Asian countrie...

by Fan Zhai | On 14 May 2009

The Two Waves of Service-Sector Growth

This paper will hopefully provide an important methodological tool for all researchers who may be attempting to analyze and explain the growth of the service sector and its share in the Indian GDP o...

by Barry Eichengreen | On 08 May 2009

Listen Up Economists, Why Might History Matter for Development Policy?

History matters, and it matters in important and interesting ways for policy  today. But it is not just actual events in the past. It is how they are recorded, interpreted,  and the interpretation...

by Ravi Kanbur | On 22 Apr 2009

Reserve Bank of India Platinum Jubilee Celebrations - Governor’s Address to Staff

The main question that the Governor is asking to the RBI staff is "how can I do my job better so that I can make a positive difference to the country?"

by Duvvuri Subbarao | On 08 Apr 2009

Impact of the Global Financial Crisis on India Collateral Damage and Response

The impact of economic crisis on India has been analysed in the speech. [Speech delivered at the Symposium on 'The Global Economic Crisis and Challenges for the Asian Economy in a Changing World'].

by Duvvuri Subbarao | On 24 Feb 2009

Moving Beyond the Privatisation Debate: Different Approaches to financing Water and Electricity in Developing Countries

In today’s developing world the vast majority of water and electricity services are provided by public utilities. Rather than asking “who should provide the services”, the authors adopt a financing po...

by Daniel Platz | On 09 Feb 2009

Beyond Industrialization New Approaches to Development Strategy Based on the Service Sector

This paper argues that it is becoming increasingly difficult for most developing countries to achieve rapid growth through industrialization, and especially through export oriented activities. But th...

by Peter Sheehan | On 03 Feb 2009

Addressing 'Stagdeflation' with Nouriel Roubini

Nouriel Roubini, professor of Economics at the Stern School of Business, New York University, christened Dr.Doom by the US business media, is not given to wearing rose coloured glasses. He does not se...

by Charles Krusen | On 24 Jan 2009

Development of What? An Exposition of the Politics of Development Economics

The present paper aims at driving home a hitherto-neglected and perhaps often muted (but important) point, namely, that the confusions and identity crisis that had gripped development economics in th...

by Arup Maharatna | On 31 Dec 2008

The Global Financial Turmoil and Challenges for the Indian Economy

Perspective on the current global turmoil, its impact on India, the outlook for the Indian economy and the challenges that lie ahead for the Indian banking system, in particular. [Speech delivered at...

by D Subbarao | On 19 Dec 2008

Reducing Currency and Maturity Mismatch

The main objectives of this report are to identify and propose policies, factors and conditions that could mitigate or avoid double mismatches. policies here means any course of action pursued and ad...

by Khee-Giap Tan | On 19 Dec 2008

Mitigating Spillovers and Contagion Lessons from the Global Financial Crisis

The speech mainly throws light upon the impact of financial crisis on emrging economies particulary India. [Speech delivered at Reserve Bank of India at the RBI-BIS Seminar at Hyderabad].

by Duvvuri Subbarao | On 05 Dec 2008

Contemporary International and Domestic Banking Developments and the Emerging Challenges

A broad overview, from the Indian perspective, of the factors underlying the credit market crisis in the west, the implications of the crisis for the financial sector, lessons learnt from it, the var...

by Leeladhar V | On 25 Nov 2008

Why Current Publication May Distort Science

The current system of publication in biomedical research provides a distorted view of the reality of scientific data that are generated in the laboratory and clinic. This system can be studied by appl...

by Neal S Young | On 12 Nov 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

Deconstructing China’s and India’s Growth: The Role of Financial Policies

This paper uses the standard one-sector neoclassical growth model to investigate why China’s consumption has been low and investment high. This paper looks into the role played by the financial sector...

by Jahangir Aziz | On 07 Oct 2008

Payment and Settlement System in India

The lecture is about the payment system in India, which is an important element of the financial sector infrastructure. The lecture also shows the evolution and objectives of the Indian payment system...

by Leeladhar V | On 25 Sep 2008

The Economics of Arsenic Water Pollution – A Study from Bangladesh

Bangladesh is facing a major health crisis because arsenic is poisoning a large percentage of the country’s drinking water. Although the government has taken a number of positive steps to address this...

by Zakir Husain Khan | On 04 Sep 2008

Structural Modeling under Challenge

It is interesting to note that nearly three decades of new paradigms in macroeconomic theory and policy have hardly gone beyond the ivory towers of the academic world. The extent to which a scientif...

by V. Pandit | On 28 Aug 2008

Another Look at Renewables on India’s Sagar Island

Much existing literature champions renewables implementation on India’s Sagar Island as an unqualified rural electrification success story. Photovoltaic (PV) and wind systems put in place by the West...

by Sam Shrank | On 25 Aug 2008

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

The Indian Banking Industry – A Retrospect of Select Aspects

A broad overview of the achievements and progress made by the Indian banking sector in the last two decades and the emerging frontiers of the Indian banking system, in the post-reform era. [Address d...

by Leeladhar V | On 11 Aug 2008

Willingness to Pay for Improved Sanitation Services and its Implication on Demand Responsive Approach of BRAC Water, Sanitation and Hygiene Programme

This study aimed to provide some insights into sanitation-related strategies taken by the BRAC Water, Sanitation and Hygiene (WASH) Programme from an economic point of view. The aim of this report i...

by Kazi Faisal Bin Seraj | On 06 Aug 2008

Bangladesh and Climate Change: Need for a Comprehensive Adaptive Strategy

The aim of this paper is to examine the effects climate change will have on Bangladesh and also gives some possible solutions for tackling climate change.

by Centre for Trade and Development CENTAD | On 24 Jul 2008

Impact of Organic Farming on Economics of Sugarcane Cultivation in Maharashtra

The primary goal of this paper is to examine the impact of organic farming on economics of sugarcane cultivation in Maharashtra. The study is based on primary data collected from two districts coverin...

by Kshirsagar K G | On 14 Jul 2008

Book Review: Tales of the Displaced in India’s North-East

Review of: Internal Displacement in South Asia: The Relevance of the UN’s Guiding Principles Edited by Paula Banerjee, Sabyasachi Basu Ray Chaudhury, Samir Kumar Das, Sage Publicatons, New Delhi;...

by Ratna Bharali Talukdar | On 22 Jun 2008

Chairman’s Introduction to the Draft NAMA Modalities

The introduction of the Chairman to the Draft presented for discussion based upon the 2006 text and to move the negotiations forward by proposing specific outcomes, not rehearsing everyone’s position,...

by World Trade Organisation WTO | On 19 Jun 2008

Towards NAMA Modalities

Submitted to Trade Negotiations Committee in response to request of members for language of full modalities on non-agricultural market access (NAMA) negotiations. As a result of the failure of the neg...

by World Trade Organisation WTO | On 19 Jun 2008

Process, People, Power and Conflict: Some Lessons from a Participatory Policy Process in Andhra Pradesh, India

A large body of empirical literature highlights the need for stakeholder participation within the context of policy change and democratic governance. This makes intuitive sense and may appear to be a...

by Vinod Ahuja | On 19 Jun 2008

The Sectoral System of Innovation of Indian Pharmaceutical Industry

The paper undertakes a detailed mapping out of the sectoral system of innovation of India's pharmaceutical industry. The industry is one of the most innovative industries in the Indian manufacturing s...

by Sunil Mani | On 15 Jun 2008

Inclusive Growth in Andhra Pradesh: Challenges in Agriculture, Poverty, Social Sector and Regional Disparities

The important elements of inclusive growth are: agricultural growth, employment generation and poverty reduction, social sector (health and education) and reduction in regional and other disparities...

by S.Mahendra Dev | On 31 May 2008

Food Failures and Futures

The paper is an analysis of food aid, rising food prices and its implications.

by Laurrie Garrett | On 31 May 2008

Towards Public Policy Education: Imparting Economic and Financia Literacy

Financial and economic literacy is essential for understanding forces that are driving social change in India, and globally. It is also an essential contributing factor in determining employability an...

by Mukul Asher | On 28 May 2008

New issues in Indian macro policy

For many decades, macro-policy in India was conducted in an environment with five key elements: ˆ Agricultural shocks rather than a conventional business cycle; A closed economy; deeply distorti...

by Ajay Shah | On 13 May 2008

Action Plan to Address Agrarian Distress in India

The government of India has appointed many committees to look into the issue of agrarian distress in India. An Expert Panel was constituted by the National Bank for Agricultural and Rural Development...

by Satish Chander | On 12 May 2008

Why Tank Systems Need to be Revitalized: Kaveripakkam Tank in Tamil Nadu

In the past tank systems of water storage and use played an important role in the region’s prosperity. In recent times these tanks are being neglected. A case in point is the Kaveripakkam tank in Tam...

by K Sivasubramaniyan | On 03 May 2008

Risk, Informational Asymmetry and Product Liability: An Enquiry into Conflicting Objectives

Risky products cause two types of costs for society; the accident costs and the insurance costs. Liability rules allocate these costs between the parties involved. The expansion in the scope of produ...

by Ram Singh | On 14 Apr 2008

Seeking Knowledge Initiatives in Agriculture: Staving Off a Collapse

While sections of the central ministry of agriculture might recognize that major developments in the sector can only come about now with drastic and comprehensive changes little is being done to revol...

by Prabhakar Tamboli | On 14 Apr 2008

Draft Report of the Committee on financial Sector Reforms

The financial sector has built capabilities such that, with appropriate policy changes, it can grow tremendously, both domestically and internationally. the report touches upon two reasons for financi...

by Raghuram G. Rajan | On 14 Apr 2008

Report of High Level Group on Services Sector

The Planning Commission constituted a high level committee for comprehensively examining the different aspects influencing the performance of the services sector and suggest short-term and long-term p...

by Anwarul Hoda | On 09 Apr 2008

PAE Review (Real-World Economics Review), No 45, March 15, 2008

Risk, inequality and the economics of disaster Marcellus Andrews .................................................................................. 2 A XXI-century alternative to XX-century peer r...

by Post Autistic Economic Review PAE Review | On 24 Mar 2008

The Case for Mitigating Greenhouse Gas Emissions

Last fall, the United Kingdom issued a major government report on global climate change directed by Sir Nicholas Stern, a top-flight economist. The Stern Review Report on the Economics of Climate Chan...

by Kenneth J. Arrow | On 24 Mar 2008

A 21st Century Alternative to 20th-Century Peer Review

The paper starts with a brief review of some criticisms of the Peer Review system – labelled ex-ante top-down PR system – for the evaluation of academic works. The critiques are grouped into efficienc...

by Grazia Ietto-Gillies | On 24 Mar 2008

Risk, Inequality and the Economics of Disaster

The discipline of economics tends to gloss over the central role of power and violence in the creation of wealth, the distribution of opportunity and the fact that suffering and well-being are tightl...

by Marcellus Andrews | On 24 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

Beyond Economic Fundamentalism

This paper sets in a historical perspective, beginning with Cantillon, the Physiocrats and Smith, the contemporary challenge posed to neoclassical/neoliberal orthodoxy by heterodox economics. It shows...

by Ricardo Baldissone | On 17 Mar 2008

A short critique of the Stern Review

The Stern Review (2006) and the Intergovernmental Panel on Climate Change (IPCC) assert that the greenhouse problem can be solved at a negligible cost. this articls details the argument that both th...

by Ted Trainer | On 17 Mar 2008

Markets, politics and freedom in the work of Hannah Arendt

Like the alchemist's philosopher's stone of old, though, the heavy artillery of game theory is being wheeled out in more and more sophisticated models, in the hope of converting the lead of individual...

by Kevin Quinn | On 17 Mar 2008

Opinion: The Case for Mitigating Greenhouse Gas Emissions

Critics of the Stern Review do not think serious action to limit CO2 emissions is justified, because there remains substantial uncertainty about the extent of the costs of global climate change, and b...

by Kenneth J. Arrow | On 17 Mar 2008

Stagflation Cometh

The good times may be ending. There have been worries for years about the global imbalances caused by America’s huge overseas borrowing. America, in turn, said that the world should be thankful: by li...

by Joseph E. Stiglitz | On 17 Mar 2008

Stagflation Cometh

The good times may be ending. There have been worries for years about the global imbalances caused by America’s huge overseas borrowing. America, in turn, said that the world should be thankful: by li...

by | On 17 Mar 2008

His and Her Economics

Economics has always been, and remains, a male-dominated occupation. In Mark Blaug’s mid-1980s surveys of great economists before and after Keynes, only three females – Rosa Luxemburg, Irma Adelman an...

by Brian Snowdon | On 17 Mar 2008

REal-world Economic Review: Issue no. 45, March 15, 2008

Contents Page Risk, inequality and the economics of disaster Marcellus Andrews A XXI-century alternative to XX-century peer review Grazia Ietto-Gillies Trade and inequality: The role of econ...

by Post Autistic Economic Review PAE Review | On 17 Mar 2008

Emerging Poverty Scenario: Alternative Development Paradigm for Poverty Elimination

This paper argues that at the present juncture in India’s development the window of poverty elimination provides the appropriate perspective to search for an alternative development paradigm. The alte...

by V.M. Rao | On 13 Mar 2008

Book Review: Building Industry under State Planning

Review of Locked in Place: State-building and Late Industralization in India By Vivek Chibber; Princeton University Press, Princeton and Oxford,

by N.S. Siddharthan | On 25 Feb 2008

Current Issues in Agriculture Credit in India: An Assessment

This paper attempts to analyse the issues in agricultural credit in India. The analysis reveals that the credit delivery to the agriculture sector continues to be inadequate. It appears that the banki...

by Ramesh Golait | On 22 Feb 2008

Visible Hand: Public Policy nd Economic Growth in the Nehru Era

This paper investigates the relationship between the policy regime and growth during 1950-64 termed here ‘the Nehru era’. While there exist valuable early appraisals of the period, access to new data...

by Pulapre Balakrishnan | On 28 Jan 2008

Review of The Economics of Information Technology: An Introduction

Review of The Economics of Information Technology: An Introduction" by Hal R. Varian, Joseph Farrell, Carl Shapiro, Cambridge University Press, Cambridge, 2004, pages 102, Price Rs. 795 RBI Occasional...

by Brijesh Pazhayathodi | On 22 Jan 2008

Advice for Ms Gandhi

Congress party has to find out why the aam aadmi has deserted the party? There are some advice to Sonia Gandhi which she will not get from her advisors.

by T.N. Ninan | On 31 Dec 2007

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

Sovereign Wealth Funds: Policy Implications for India

Sovereign Wealth Funds (SWFs) will be an integral and significant part of global financial and capital markets even in the medium term. It is important for India to put in place domestic safeguards ag...

by Mukul Asher | On 12 Dec 2007

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

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

by Nisha Taneja | On 29 Nov 2007

Bancassurance : A Feasible Strategy for Banks in India ?

The scope for bancassurance models as feasible source of sustainable income to banking sector is explored by exploiting the synergy in the context of India having the largest banking network on the on...

by Karunagaran A | On 27 Nov 2007

Customer Centricity and the Reserve Bank

The Reserve Bank, as the regulator of the banking sector, has been actively engaged, from the very beginning, in the review, examination and evaluation of customer service in the banks. It has been re...

by Leeladhar V | On 26 Oct 2007

A Review of Trends in Banking Indicators in North Eastern Region of India

The rapid growth in banking indicators in the North Eastern region of India following nationalisation of 14 major banks in 1969 and another six in 1980 based on social banking was sustained or not are...

by Amarendra Sahoo | On 16 Oct 2007

Why do Indian Children Work, and is it Bad for Them?

The causes and consequences of child labour are examined theoretically and empirically within a household decision framework, with endogenous fertility and mortality. The data come from a nationally r...

by Alessandro Cigno | On 16 Oct 2007

Elements of Effective Central Banking: Theory, Practice, and History

The key elements of effective central banking that account for much of the improvement in monetary policy around the world today are outlined and explained. The past quarter of the century has been a...

by Marvin Goodfriend | On 09 Oct 2007

Inter-firm differences in FII portfolio investment in India

This paper has the objective of analysing the determinants of FII investment in firms in high-tech corporate sectors like automobiles, drugs and pharmaceuticals, IT software and IT hardware for the pe...

by B.L. Pandit | On 08 Oct 2007

Human Tragedy in Majuli: Can Anything Be Done?

Majuli was once the largest river islands and the cultural home of the Asomiya community. Today, repeated floods of the Brahmaputra have ensured that the community has lost home and hearth to erosion...

by Apurba K. Baruah | On 07 Oct 2007

Multilateralising Regionalism: Sphagetti Bowls as building Blocs on the Path to Global Free Trade

This paper addresses the final steps to global free trade -- the political economy forces that might drive them, and the role the WTO might play in guiding them. Two facts form the departure point: 1)...

by Richard Baldwin | On 05 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

Groundwater Users, Wake up: Danger Ahead! Message from the Experts

The Expert Group constituted by the Planning commission to examine issues related to groundwater management and ownership has made extensive recommendations tha need to be taken seriously. Most impor...

by K.V. Raju | On 04 Oct 2007

What Can Economists Explain by Taking into Account People’s Perceptions of Fairness: Punishing Cheats, Bargaining Impasse, and Self-Perpetuating Inequalities

Evidence abounds that individuals have preferences for being fairly treated and treating others fairly. These preferences do not affect economic outcomes in competitive markets with standardized prod...

by Karla Hoff | On 03 Oct 2007

The Indian Economic Journal, January 2007

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

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

Food Consumption and Calorie Intake in Contemporary India

This paper examines how the patterns of India’s food consumption have been changing in recent times as a consequence of its faster economic growth and generally rising affluence levels. The study, als...

by Srikanta Chatterjee | On 30 Sep 2007

Review of Rural Non-farm Sector in India: Recent Evidence

During the period 1972-73 to 2004-05 in rural India, the total number of workers expanded more in the non-farm sector than the farm sector with the rise in male workers being sharper than that of fema...

by Sharad Ranjan | On 30 Sep 2007

Peace, Progress and Prosperity in the Northeastern Region: Vision 2020: Volume I

Troubled by history and geo-politics, the Northeast has remained one of the most backward regions of the country.the department of the Northeastern Region entrusted the task of preparing the Vision 2...

by M.Govinda Rao | On 27 Sep 2007

Holding Companies in Banking Groups

RBI seeks comments from the public for this paper. Comments may be sent to the Chief General Manager-in-Charge, Department of Banking Operations and Development, Reserve Bank of India, Central Office,...

by Reserve Bank of India | On 19 Sep 2007

Post-Autistic Economics Review: Issue No.43, September 15, 2007

Growing inequality in the neo-liberal heartland George Irvin ................................................................................. 2 - Science, ideology and development: Is there a ‘Sust...

by PAER Post Autistic Economic Review | On 16 Sep 2007

India’s Preparedness for Basel II Implementation

Evolution of the revised framework, its broad structure, preparatory measures taken by the RBI for implementing this framework and the challenges that will need to be tackled in migration to Basel II...

by Leeladhar V | On 14 Sep 2007

Educational Policy and the Economics of the Family

The implications of alternative ways to model decisionmaking by families for educational policy are analysed. Many of the policy implications associated with credit constraints cannot be distinguished...

by Abhijit Banerjee | On 11 Sep 2007

What Happens if We Think About Railways as a Kind of Consumption? Towards a New Historiography of Transport and Citizenship in Early-Twentieth-Century Britain

Historians have been rather unconcerned about how the provision and use of transport, both personal and collective, might have influenced consumption in these and related areas up to 1939. In particul...

by Colin Divall | On 05 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

Market Access: Unfinished Business: Post-Uruguay Round Inventory and Issues

This study has two closely related objectives: to evaluate post-Uruguay Round market access conditions and to contribute to a clarification of the stakes in the ongoing process of multilateral trade n...

by Marc Bacchetta. | On 27 Aug 2007

The Contribution of Services Liberalisation to Poverty Reduction: What Role for the GATS?

There are various conceivable links between services liberalization and poverty reduction, including the efficiency effects associated with increased competition in intermediate (infrastructural) serv...

by Rolf Adlung | On 27 Aug 2007

Reforming the WTO: Toward More Democratic Governance and Decision-Making

This paper takes a critical approach to the World Trade Organization (WTO) and proposes a radical solution involving more direct involvement of civil society and the private sector in WTO governing...

by Saif Al-Islam Alqadhafi | On 27 Aug 2007

Sustainability of Indian Agriculture: Towards an Assessment

This paper presents a systemic framework to look at the prospects for sustainability of Indian agriculture. The framework is based on trends, indicators and assessment by experts spanning three domain...

by V.M. Rao | On 27 Aug 2007

Report of the Inter-ministerial Task Force on Convergence of Securities and Commodity Derivative Market

With the abolition of prohibition on forward trade in all the commodities at the beginning of 2003, the commodity derivativesmarket has been totally liberalized. The Ramamoorthy Committee set up by SE...

by Ministry for Consumer Affairs,Food and Public Dist MCAFP | On 26 Aug 2007

The Indian Economy since Independence

India's has been a unique path of economic development—internally decided in a democratic framework, constantly debated between different ideologies and interest groups, and increasingly engaging wi...

by Vinod Vyasulu | On 21 Aug 2007

Predicting Indian Business Cycles: Leading Indices for External and Domestic Sectors

This paper evaluates the real-time performance of the growth rate of the DSE-ECRI Indian leading index for exports for predicting cyclical downturns and upturns in the growth rate of Indian exports. T...

by Pami Dua | On 14 Aug 2007

Towards a Corporate Response to Climate Change

The recently concluded conclave of Indian corporate leaders in Palampur to discuss the scary situation of climate change in the world left the delegates more bewildered than clear on the strategies to...

by Manu N. Kulkarni | On 10 Aug 2007

Business Cycles in India

This paper describes business and growth rate cycles with special reference to the Indian economy. It uses the classical NBER approach to determine the timing of recessions and expansions in the Ind...

by Pami Dua | On 08 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

Safeguard Measures in WTO

The doctrine of precedent is getting established in WTO and seems to be there to stay however much it is argued otherwise. Neglect of this fact means that we are overlooking some of the problematic de...

by Sheela Rai | On 08 Aug 2007

Essays: Monetary Policy: Satisfy China’s Demand for Money

A talk with Nobel economics laureate Robert Mundell on how Beijing can keep the yuan’s value fixed and still avoid inflation. China’s high balance of payments surplus and pressure on the yuan could be...

by Hugo Restall | On 04 Aug 2007

FEER: The June 2007 issue

Satisfuy China's Demand for Money by Hugo Restall Monetary Policy: China’s Last Option: Let the Yuan Soar by Michael Pettis Stop the Specter of a Rising Rupee by Vivek Moorthy Hong Kong’s Arreste...

by FEER | On 04 Aug 2007

Book Review: Debating India's Future

Review of: The Future of India – Economics, Politics and Governance by Bimal Jalan, Penguin books, New Delhi.

by G Narasimha Raghavan | On 03 Aug 2007

Employment and Poverty in India: 2000-2005

This paper is principally focused on the changes in the size and structure of work force and the changes in labour productivity, wages and poverty in India in the first quinquennuim of the 21st centur...

by K. Sundaram | On 30 Jul 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

Economic and Social Dynamics of Migration in Kerala, 1999-2004 Analysis of Panel Data

Panel studies based on the same set of sample households or individuals at two points of time 5 or 10 years apart are time consuming and are relatively rare in social science research. Such a method,...

by Zachariah KC | On 23 Jul 2007

Book Review: FDI: Patterns and Trends

Review of Foreign Capital Inflows to China, India and the Caribbean: Trends, Assessments and Determinants by Arindam Banik and Pradip K. Bhaumik; Palgrave-Macmillan, London.

by Anurag Kaushik | On 13 Jul 2007

The Rise in Remittances to India: A Closer Look

India has clearly achieved a large sustained level of remittances. Policy initiatives by the government and banking institutions have achieved two significant results. First, most remittances flow tho...

by Muzaffar Chisti | On 11 Jul 2007

A Water Monetary Standard: An Economic Thesis

In emerging markets and economies with limited supplies of potable water, the current monetary policy governing water distribution has failed or will eventually fail. This paper offers an alternative...

by Michael P. Jackson | On 09 Jul 2007

The Trade-Off Among Carbon Emissions, Economic Growth and Poverty Reduction in India

This study examines the consequences of a) a domestic carbon tax policy, and, b) participation in a global tradable emission permits regime on carbon emissions, Gross Domestic Product (GDP), and pover...

by Vijay Prakash Ojha | On 07 Jul 2007

Newsletter on Regional Economy: A bi-monthly four-state update

A monthly compilation by IRIS.

by IRIS India IRIS | On 06 Jul 2007

Conceptualizing Economic Marginalization

What exactly is 'economic marginalization'? How should one conceptualize it, and what are the implications of such conceptualization? Economic marginalization can be conceptualized as outcome or as p...

by Ravi Kanbur | On 05 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 High-Tech Industries in China: RBI Occasional Papers

Review of High-Tech Industries in China by Chien-Hsun Chen and Hui- Tzu Shih. RBI Occasional Papers, Vol. 27, No. 1 and 2, Summer and Monsoon 2006.

by Brijesh Pazhayathodi | On 05 Jul 2007

Glimpses of Indian Economy and its Financial Sector

A brief introduction to Reserve Bank of India, followed by glimpses of the Indian economy. A detailed account of reforms in India’s financial sector, in particular, the banking sector, and financial m...

by Y V Reddy | On 05 Jul 2007

Offshoring in a Ricardian World

Falling costs of coordination and communication have allowed firms in rich countries to fragment their production process and offshore an increasing share of the value chain to low-wage countries. Thi...

by Andrés Rodríguez-Clare | On 05 Jul 2007

Reflections on Global Account Imbalances and Emerging Markets Reserve Accumulation

The lecture focuses on some implications -- both positive and normative -- of the most surprising development in the international financial system over the last half dozen years. That development is...

by Lawrence H. Summers | On 05 Jul 2007

APEC 2007: How Strong is India’s Case for Membership?

The September 2007 annual summit of APEC to be hosted by Australia will witness the ending of the decade long moratorium on membership. A major anomaly of the APEC is that while the three largest econ...

by Mukul Asher | On 26 Jun 2007

Impact of U.S. Federal Interest Rate and Movement of MSCI on Indian Capital Markets

The relationship between Indian macro-economic factors and economic growth has been analyzed by a number of empirical studies. This paper re-examines the sources of variability in the Indian economy f...

by Bharat Chadha | On 26 Jun 2007

Growth Data: What's the Real Story

What will be the country’s real growth story after the data revision?

by Savita Kulkarni | On 19 Jun 2007

Effect of Structural and Conditional Rigidities on Moving a Beneficiary from Passive to Active State: An Empirical Investigation in a Poverty Reduction Programme in Rural India

Most studies on poverty alleviation and reduction programmes emphasize structural bottlenecks, asymmetric information, and rent seeking behaviour. This paper provides an analytical characterization of...

by Arindam Banik | On 19 Jun 2007

Building an International Financial Centre in Mumbai

Earlier this year, the Indian government’s High Powered Expert Committee (HPEC) put forward its recommendations on how Mumbai could be made into an International Financial Center. The HPEC’s report co...

by Sanjeev Sanyal | On 19 Jun 2007

The Challenges of Financial Liberalisation for Emerging Market Economies

In this speech to the staff of the Reserve Bank of India delivered on May 14, 2007 at the RBI, Central Office, Mumbai, the author offers some comments on the challenges posed by financial liberalisati...

by Christian Noyer | On 13 Jun 2007

Book Review: Growth, Justice and Globalisation

Review of: Globalizing Rural Development: Competing Paradigms and Emerging Realities by M. C. Behera; Sage Publications, 2006.

by Mohan Kanda | On 12 Jun 2007

Book Review: Quick Overview

Review of : India’s Long-Term Growth Experience: Lessons and Prospects by Sadiq Ahmed. Sage India, New Delhi, February 2007.

by S. Chandrasekhar | On 31 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

Ensuring Adequate Flexibility through Special Products: A Case Study of India

Stalemate in agricultural negotiations at the WTO has persisted with a continued lack of convergence on most important issues of trade-distorting domestic support, market access and related flex...

by Linu Mathew Philip | On 08 May 2007

Time to Mainstream Micro-Pensions in India

The paper has argued that to expand coverage of micro-pensions, social entrepreneurship (along with social responsibility) will be needed by the financial sector, including the MFIs, insurance compani...

by Mukul Asher | On 08 May 2007

Pension Liabilities of the Central Government: Projections and Implications

The commonly held belief that the Central government pension bill has the potential to reach an unsustainable level does not appear to be based on any realistic assessment of such liabilities in the...

by Pronab Sen | On 25 Apr 2007

Lesons Government Failure: Public Goods Provision and Quality of Public Investment

This paper focuses on government investment and expenditure policies. Going beyond the growth experience, the author also tries to relate the policy experience to the issues of aggregate poverty, in...

by Arvind Virmani | On 25 Apr 2007

IBSAC (INDIA, BRAZIL, SOUTH AFRICA, CHINA): A Potential Developing Country Coalition in WTO Negotiations

This paper argues that IBSA( India, Brazil, South Africa) as opposed to IBSAC (with China) is a far more coherent group when it comes to WTO negotiations as its interests coincide given the agenda tha...

by Debashis Chakraborty | On 25 Apr 2007

Implications of the Growing Role of Services in Asia

This article analyses the importance of international commercial service transactions relating to both trade and investment, which form an essential element of analyzing production fragmentation and e...

by Mukul Asher | On 17 Apr 2007

Post-Autistic Economics Review : No. 41, March 2007

- What would post-autistic trade policy be? Alan Goodacre (UK) On the need for a heterodox health economics : Robert McMaster (University of Aberdeen, UK) - True cost environment...

by PAER Post Autistic Economic Review | On 17 Apr 2007

SEZ Policy: Ceiling on size will limit growth

The government’s recent decision of putting a ceiling limit for Special Economic Zones (SEZs) may well result in defining a ceiling on equitable economic growth harming not just industrial development...

by Savita Kulkarni | On 17 Apr 2007

Book Review: A Pioneering Study

Review of 'United Nations Development Aid: A Study in History and Politics' by Digambar Bhouraskar, Academic Foundation, New Delhi.

by V.V. Bhatt | On 07 Apr 2007

China-India and the Global Talent shortage

Economic growth in China and India is exponentially increasing the global demand for skills. In turn, this will cause a severe talent shortage in the world over the next few years. What does this...

by Sanjeev Sanyal | On 02 Apr 2007

Trade Facilitation: A Brief Negotiating History

This article traces the history of negotiations in the WTO on Trade Facilitation, the only Singapore issue that has survived beyond Doha and Cancun. Last ten years of sustained work by the negotiators...

by Shashank Priya | 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

Supply Reponse Of Indian Farmers In Pre And Post Reform Periods: A Dynamic Panel Data Approach

Supply response to price changes is likely to increase with the increasing liberalization of the agricultural sector. Past studies revealed weak supply response for Indian agriculture. There are no r...

by Mythili G | On 19 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

Can Singapore Sustain its Current Globalisation Strategy? Singapore's 2007 Budget

Singapore’s 2007 budget reaffirms government’s determination to continue with the current globalization strategy of high growth, high net in-migration and minimal social risk pooling in financing old...

by Mukul Asher | On 05 Mar 2007

Book Review: Economists on the Couch

Review of 'Inside the Economist’s Mind: Conversations with Eminent Economists' Edited by Paul Samuelson and William A. Barnett No review can do adequate justice to the embarrassment of riches in th...

by Anand Chandavarkar | On 05 Mar 2007

Public Expenditure on Education : A Review of Selected Issues and Evidence

The role of education in economic development has been recognised for quite some time in mainstream economic literature. Divergence between the private and social rate of return from education is th...

by Anit Mukherjee | On 02 Mar 2007

Turnaround of Indian Railways: A Critical Appraisal of Strategies and Processes

Indian Railways (IR), which was declared to be heading towards bankruptcy as per the Expert Group on Indian Railways in 2001, is today the second largest profit making Public Sector Undertaking after...

by G. Raghuram | On 27 Feb 2007

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

Identifying models of Best Practices in the Provision of Technical Assistance to Facilitate the Implementation of TRIPS Agreement

The report intends to provide general and specific recommendations to both provider and recipient nations that they should take into consideration while undertaking any TA programme in a recipient nat...

by Rajesh Sagar | On 25 Feb 2007

Assessing the Applicability of Geographical Indications as a Means to Improve Environmental Quality in Affected Ecosystems and the Competitiveness of Agricultural Products

the objective of this report is to analyse the existing and potential links that can be established between current Geographical Indications (GIs) and regional sustainable development. A case study a...

by Mariano Riccheri, | On 24 Feb 2007

Does Capital Account Openness Lower Inflation?

This paper investigates the relationship between capital account openness and inflation since the 1980s. It argues that widespread capital account liberalization during the last two decades appears...

by Abhijit Sen Gupta | On 23 Feb 2007

Property Rights and Natural Resources: Socio-Economic Heterogeneity and Distributional Implications of Common Property Resource Management

Poverty, property rights and distributional implications of community-based resource management have become major topics of discussion and debate in recent years. This study tries to examine the contr...

by Bhim Adhikari | On 17 Feb 2007

Transaction Costs and Institutional Innovation: Sustainability of Tank Aquaculture in Sri Lanka

Freshwater community-based aquaculture was introduce to village irrigation tanks in the dry zones of Sri Lanka in order to off-set the limited supply of animal protein available to residents in inla...

by Athula Senaratne | On 17 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

Reforming Delivery of Urban Services in Developing Countries: Evidence from a Case Study in India

Given the importance of urban public services in attracting firm location, increasing employment and facilitating economic growth, in this paper, the author examines the following questions: Is there...

by Kala Seetharam Sreedhar | On 17 Feb 2007

When it Rains on the Sand Dunes

A desert journey, from a pool where both humans and camels drank, to a bavadi then to a water tap in Khaba village has some valuable lessons about the ground realities of the social forces around wate...

by Meera Baindur | On 16 Feb 2007

Report of the Technical Expert Group on Patent Law Issues

A Technical Expert Group on Patent Law Issues was set up by the Government of India, Ministry of Commerce & Industry, Department of Industrial Policy & Promotion to examine whether it would be TRIPS c...

by R.A. Mashelkar | On 14 Feb 2007

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

Paying Out-of-Pocket for Health Care in Asia: Catastrophic and Poverty Impact

Out-of-pocket (OOP) payments are the principal means of financing health care throughout much of Asia. The paper describe the magnitude and distribution of OOP payments for health care in 14 countrie...

by Eddy van Doorslaer | 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

Poverty Begins at Home? Questioning some (Mis)conceptions about Children, Poverty and Privation in Female-Headed Households

Grounded in a popular stereotype that female-headed households are the ‘poorest of the poor’, it is often assumed that women and children suffer greater poverty than in households which conform with a...

by Sylvia Chant | On 30 Jan 2007

Approximate Poverty

The changed survey methodology of the 55th round (and the consequent furore that has ensued) has demonstrated that there is indeed uncertainty surrounding estimates of poverty. The uncertainties conce...

by David Williams | On 30 Jan 2007

Natural Resource Conservation, Use and Sustainability in Drylands

This keynote address of the conference on Natural Resource Conservation Use and Sustainability in Drylands, focuses mainly on some new concepts of resource assessments in dry areas, some recent debate...

by Yoginder Alagh | On 30 Jan 2007

Work Participation Rates in Madhya Pradesh : Comparison of Estimates based on Census and NSSO

This study estimates the work participation rates in Madhya Pradesh (including Chhatisgarh, prior to 2000) using both Census data and NSSO for relevant periods and compares these trends in the same wi...

by Sheetal Verma | On 29 Jan 2007

Dynamics of Caste-based Deprivation in Child Under-Nutrition in India

This paper makes an attempt at illustrating the dynamics of caste-based deprivation considering the case of child under-nutrition. It essentially demonstrates the patterns of differentials in nutrit...

by Rudra Narayan Mishra | On 26 Jan 2007

Globalisation and Health

This paper, one among a series for the Jan Swasthya Abhiyan addresses the issue of the impact of globalisation on health. How has globalisation affected different countries and who are the winners an...

by Jan Swasthya Abhiyan | On 25 Jan 2007

We Can Work It Out - The Globalisation of ICT-enabled Services

This paper examines the relationship between the share of employment potentially affected by offshoring and economic and structural factors, including trade in business services and foreign direct inv...

by Desiree Welsum | On 12 Jan 2007

Recent Social Security Reforms in Asia

This presentation reviews recent social security reforms in Asia-Pacific, with emphasis on countries with major reliance on social insurance schemes. Japan, Korea, Philippines, China, Vietnam, and Tha...

by Mukul Asher | On 12 Jan 2007

Banking Sector Developments in India, 1980-2005: What the Annual Accounts Speak?

Banking sector in India is currently passing through an exciting and challenging phase. The reform measures have brought about sweeping changes in this vital sector of the country's economy. This pa...

by Ramasastri A.S. | On 10 Jan 2007

State Finances and Effectiveness of Policy Measures: An Analysis of Indian States

This paper provides a phase-wise analytical review of the fiscal situation of the Indian major States over the previous two and half decades and examines the effectiveness of the policy measures to s...

by Rajmal | On 10 Jan 2007

What Drives Forward Premia in Indian Forex Market?

This paper explores the behaviour of the forward premia for US$ vis-à-vis INR during the five-year period of September 2000 to September 2005. Indian forex market experienced a peculiar phenomenon i...

by Anil Kumar Sharma | On 10 Jan 2007

The Performance of Regional Rural Banks (RRBs) in India:Has Past Anything to Suggest for Future?

Since their inception, regional rural banks (RRBs) have taken deep roots and have become a sort of inseparable part of the rural credit structure in India. The financial viability of the RRBs has, h...

by Biswa Swarup Misra | On 10 Jan 2007

Identifying Asset Price Bubbles in the Housing Market in India - Preliminary Evidence

Devoted to the analysis of housing market in India, the paper employs a special decomposition scheme for the structural VAR proposed by Blanchard and Quah to study the impact of permanent shocks to...

by Himanshu Joshi | On 10 Jan 2007

A Review of Cross-Country Experience in Capital Account Liberalisation

The paper reviews the experience of select countries - both advanced and emerging markets - in regard to capital account liberalisation (CAL). The advanced countries' experience with regard to CAL is...

by Mohua Roy | On 10 Jan 2007

Agricultural Growth and Price Fluctuations: A Case Study of Production and Prices of Potato in Tripura

In Tripura also, potato as a crop has been associated with agricultural diversification and modernization. The area under cultivation of potato has increased remarkably during the plan period. This...

by P. Nayak | On 09 Jan 2007

Globalization and Structural Changes in the Indian Industrial Sector: An Analysis of Production Functions

The paper reports a study to investigate the structural changes in the manufacturing sector of India (possibly) brought about by liberalization and globalization of the economy. It assesses the struct...

by S.K. Mishra | On 09 Jan 2007

Doctrine of Precedent in WTO

This paper contends that the general understanding that precedent system does not apply in the WTO Dispute Settlement Mechanism. The author argues that the drafters or the negotiators always wanted to...

by Sheela Rai | On 09 Jan 2007

Singapore: The Art of Building a Global City

This article discusses the art of deliberately creating a global city for Asiain Singapore. Twnty-first century cities exist in order to allow human interaction and enhance lifestyle. Such clusters...

by Sanjeev Sanyal | On 09 Jan 2007

Creating Development Friendly Rules of Origin in the EU

The EU Commission argues that radical changes to he origin rules will both simplify processes and make them more development friendly. Will they? There are different opinions on what Rules of Origin s...

by Christopher Stevens | On 06 Jan 2007

Social Cleavages, Multiculturalism and Emerging Space for State in India under Globalisation Regime

This paper focuses on social cleavages based on class , caste,religion and ethnicity in India. It examines the political salience of caste and class conflicts and addresses the translation of social c...

by Sarojini Mishra | On 29 Dec 2006

The International Mobility of Technical Talent: Trends and Development Implications

This paper charts the complex dynamics of the movement of technical talent in the world economy and assesses broadly the impact of such mobility on both sending and receiving countries. Based on sec...

by Anthony P. D'Costa | On 29 Dec 2006

Global Patterns of Income and Health: Facts, Interpretations, and Policies

People in poor countries live shorter lives than people in rich countries so that, if we scale income by some index of health, there is more inequality in the world than if we consider income alone. S...

by Angus S. Deaton | On 28 Dec 2006

Food Retailing, Supermarkets and Food Security: Highlights from Latin America

The importance of supermarkets in the world food economy has increased radically since the early 1990s. They are now major sellers and buyers of food items not only in developed but also in developin...

by Mehmet Arda | On 27 Dec 2006

NIPFP Policy Brief: Public Spending on Health in Low Income States and Central Transfers

There are two factors that make additional central transfers for reinforcing health services essential: (a) while the prescription of spending 3 percent of GDP on health may be an appropriate objec...

by Mita Choudhury | On 26 Dec 2006

Teacher Truancy in India: The Role of Culture, Norms and Economic Incentives

Social scientists often emphasize how ‘culture’ and ‘social norms’ can be important determinants of economic behavior and development. This raises questions of the relative importance of economic ince...

by Kaushik Basu | On 26 Dec 2006

Policymaking under Globalization Pressures: Reforming Public Utilities in Latin America

To analyse the role of partisan beliefs and interests, this paper focuses on two industries—telecoms and electricity—which have been subject to strong pressures for policy diffusion and thereby are u...

by Maria Victoria Murillo | On 21 Dec 2006

Using Micro Data to Understand Better the Intergenerational Transmission of Poverty in Low Income Developing Countries: Methdological Note

Good empirical analysis of the intergenerational transmission (IGT) of poverty is challenging. This note clarifies this challenge and possible contributions by considering: (1) what estimated relati...

by Jere R. Behrman | On 20 Dec 2006

An Index of Uncertainty for Business Cycle Leading Indicators

Leading indicators based on correlations with reference cycles are regularly used to monitor the economy. It would be useful if we could have a quantitative measure of the risk associated with leadi...

by Minakshy Iyer | On 20 Dec 2006

GATS Negotiations and India: Evolution and State of Play

India’s negotiating position on services has undergone a paradigm shift since the Uruguay Round. From being a leading opponent of the GATS in the early stages, India has now emerged as one of the cham...

by Kasturi Das | On 16 Dec 2006

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

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

by C. Satapathy | On 14 Dec 2006

System of Rice Intensification in India: Innovation History and Institutional Challenges

This report documents the history of the systems of rice intensification (SRI, for short) in India in the last few years and presents some of the institutional changes and challenges that SRI throws u...

by C. Shambu Prasad | On 06 Dec 2006

State Level Reform and Role of Research

The role of the Reserve Bank of India (RBI) in the current stage of reform is crucial. The need for research and information collection not just at the national level but at the state-level has never...

by Vidya Pitre | On 05 Dec 2006

Making and Unmaking Poverty: Social Science, Social Programmes, and Poverty Reduction in India and Elsewhere

How does growth actually trickle down to remove an individual’s poverty? Is it through increases in employment? What other avenues did the benefits of growth travel through before reaching and helpi...

by Anirudh Krishna | On 05 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

The Age of Milton Friedman

Milton Friedman`s place in the world of economics is well assured not only because of his concepts and theorems but also due to his demonstration that free market can be an instrument of social justic...

by Deena Khatkhate | On 01 Dec 2006

Poverty in Remote Rural Areas in India: A Review of Evidence and Issues

Ironically the poverty situation, as reflected in the official statistics, depicts a rather contrary scenario with dryland regions having lower incidence of poverty despite their adverse agro-climat...

by Amita Shah | On 29 Nov 2006

Telecommunications Reform and the Emerging ‘New-Economy’: The Case of India

Telecommunications reform in recent years in almost all developed and developing nations created an opportunity to attract foreign direct investment. The investments have been taking place mainly in...

by Moazzem Hossain | On 27 Nov 2006

Economic Causes of Tropical Deforestation - A Global Empirical Application

The paper investigates the complex system of causes affecting tropical deforestation at a worldwide level. There is no generally accepted theory in the deforestation literature to indicate which varia...

by Silviu S. Scrieciu | On 27 Nov 2006

China's Pharmaceutical Industry: Typologies and Characteristics

This paper uses aggregate and firm level data to examine the characteristics of the Chinese pharmaceutical industry in general and its geographical agglomeration in particular. It addresses the foll...

by Hayan Zhang | On 27 Nov 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

Premature Mortality and Poverty Measurement

There is a glaring paradox in all commonly used measures of poverty. The death of a poor person, because of poverty, reduces poverty according to these measures. This surely violates our basic intui...

by Ravi Kanbur | On 27 Nov 2006

Alternative Dispute Resolution Procedure for Agreements on Trade Facilitation

This paper outlines a facilitative procedure for settlement of disputes in the area of trade facilitation when the party against which a complaint has been lodged in a dispute happens to be a developi...

by C. Satapathy | On 23 Nov 2006

Commercial Aspects of SHG Banking in India

Nabard’s Linking Banks and Self-Help Groups: with an outreach to 500,000 SHGs and a population of 40m rural poor, it is the largest non-directed microsavings & microcredit programme in the developing...

by Hans Dieter Seibel | On 21 Nov 2006

Book Review: Managing Natural Resources: Learning from People

The management of natural resources is quite complex and requires the involvement of multiple social actors or stakeholders. Managing natural resources sustainably requires learning from local people,...

by Haripriya Gundimeda | On 09 Nov 2006

Gender Equality as Smart Economics: A World Bank Group Gender Action Plan (Fiscal Years 2007-10)

An action plan to emplement World Bank's strategies.

by World Bank | On 08 Nov 2006

The North American Journal of Economics and Finance, October 2006: Asian Regionalism: a Symposium

Introduction: Regional integration in Asia editorial by Ramkishen S. Rajan Production fragmentation and trade integration: East Asia in a global context by Prema-chandra Athukorala and Nobuaki Yamas...

by The North American Journal of Economics and Finance | On 05 Nov 2006

Malaysia's Hazy Future

Malaysia is finding it difficult to translate current favourable macro-economic environment, and the commodity boom into sustainable competitive advantage in manufacturing and services and to cope wit...

by Mukul Asher | On 03 Nov 2006

Malaysia’s Hazy Future

Malaysia is finding it difficult to translate current favourable macro-economic environment, and the commodity boom into sustainable competitive advantage in manufacturing and services and to cope wit...

by Mukul Asher | On 03 Nov 2006

Overview of Bilateral Free Trade and Investment Agreements

A comprehensive inventory of bilateral FTAs on a global scale, with sections on Africa and the Middle East, Asia and the Pacific, and Latin America and the Caribbean. It highlights the key points of e...

by Bilaterals.org | On 03 Nov 2006

Valuation of Urban Air Pollution: A Case Study of Kanpur City in India

This study estimates the monetary benefits to individuals from health damages avoided as a result on reductions in air pollution in the urban industrial city of Kanpur in India. A notable feature of t...

by Usha Gupta | On 31 Oct 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

Midterm Review of Annual Policy Statement for the year 2006-07

* Repo Rate increased to 7.25 per cent from 7.0 per cent. * The flexibility to conduct overnight repo or longer term repo including the right to accept or reject tender(s) under the LAF, wholl...

by Reserve Bank of India | On 31 Oct 2006

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

China: Pension Provision and Pension Administration

In the long term, there is little doubt that China will be better off with a single and unified pension insurance system covering the whole country, just as most of other countries do. In the short...

by Shaoguang Wang | On 25 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

Understanding South Africa's Economic Puzzles

South Africa has undergone a remarkable transformation since its democratic transition in 1994, but economic growth and employment generation have been disappointing. Most worryingly, unemployment is...

by Dani Rodrik | On 13 Oct 2006

China's Embrace of Globalisation

As China has become an increasingly important part of the global trading system over the past two decades, interest in the country and its international economic policies has increased among internati...

by Lee Branstetter | On 13 Oct 2006

Buying spree

It is astonishing, and entirely unpredicted, that India’s outbound investment should begin to rival inbound FDI. The numbers quoted in a full-page report by the Financial Times earlier this week say t...

by T.N. Ninan | On 07 Oct 2006

PAER Issue No. 39, October 2006

* The Future of Economic Policy Making by Left-of-Center Governments in Latin America by Juan Carlos Moreno-Brid and Igor Paunovic (United Nations, Mexico) * Latin America: The End of an Era b...

by Post-Autistic Economics Movement | On 02 Oct 2006

Cautionary tale

Investors in today’s India should not need to seek escape from poor infrastructure and irrational labour laws, in special zones; rather, the underlying problems should be tackled in the country as a w...

by T.N. Ninan | On 01 Oct 2006

Take-off

The world economy is slowing down, the commodity sector is headed for bleaker times, the downswing phase of the business cycle could see problems emerge that are hidden during the good times, protecti...

by T.N. Ninan | On 01 Oct 2006

Wrong focus

If business gains at the expense of other stake-holders (consumers, the tax department, farmers), economic benefits get captured by a small minority at the top of the pyramid. Even without skewed poli...

by T.N. Ninan | On 01 Oct 2006

Book Review: W. Arthur Lewis: A Life in Development Economics

Tignor’s book attempts to give us the measure of the man in his professional life, with enough insight into personal development to help in this task. Lewis comes across as a man of brilliant insight...

by Ravi Kanbur | On 27 Sep 2006

A Cartography of Contemporary Developments in IPR of Plant Materials

This paper engages with the literature on intellectual property rights by adopting an evolutionary economist’s approach to the study of technologies.

by Dwijen Rangnekar | On 29 Aug 2006

The Future of Drug Development: the Economics of Pharmacogenomics

This paper models how the evolving field of pharmacogenomics (PG), which is the science of using genomic markers to predict drug response, may impact drug development times, attrition rates, costs,and...

by John A. Vernon | On 17 Aug 2006

Community Contribution for Environmental Sanitation: Myth or Reality?

Reforms in water and sanitation sector intended to make stakeholders part of the implementation process. In the process beneficiaries share partial capital cost and meet 100 per cent of operation and...

by Veerashekarappa | On 12 Aug 2006

Report of the Sardar Sarovar Project Relief and Rehabilitation Oversight Group on the Status of Rehabilitation of Project-affected Families in Madhya Pradesh

In the light of the observations of the Supreme Court in its order dated 17th April 2006, the Prime Minister constituted the Sardar Sarovar Project Relief & Rehabilitation Oversight Group. The manda...

by V.K. Shunglu | On 28 Jul 2006

An Approach to the 11th Five Year Plan: Towards Faster and More Inclusive Growth

The 11th Plan provides an opportunity to restructure policies to achieve a new vision of growth that will be much more broad based and inclusive, bringing about a faster reduction in poverty and hel...

by Planning Commission | On 19 Jul 2006

Research Ethics in Use of Statistical Methods*

Disagreements and confrontations are common among social scientists regarding conclusions obtained by two researchers on a similar premise. Such disagreements highlight two critical aspects of researc...

by Udaya S. Mishra | On 19 Jul 2006

Ethics of Social Research

As society develops, it is important to keep ethical problems under continuing scrutiny and debate. It should also be recognized that a productive balance is between society’s need for knowledge and i...

by Pradip Kumar Bose | On 19 Jul 2006

Issues and Options in the Pay-out Phase in Defined Contribution Pension Schemes

Consistent with international trends, the role of a Defined Contribution (DC) schemes is expected to grow substantially in India. The payout phase of DC schemes has received relatively less attention...

by Mukul Asher | On 17 Jul 2006

Post-Autistic Economics Review: Issue no. 38, 1 July 2006

- What Is Neoclassical Economics? Christian Arnsperger (University of Louvain, Belgium) Yanis Varoufakis (University of Athens, Greece) - The Autistic Economist Stanley...

by Post-Autistic Economics Movement | On 16 Jul 2006

From a Rights Perspective

The collection of papers demonstrates that the human right to development in essence brings together several distinct but not mutually inconsistent streams of philosophical, political, economic and so...

by Vijay Kumar Nagaraj | On 15 Jul 2006

Report of the third Session of the World Urban Forum

The quest for innovative ideas and practical solutions – rare for a meeting convened by the United Nations – was underscored in the six Dialogues, 13 Roundtables and more than 160 Networking Events. M...

by UN-HABITAT | On 13 Jul 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

Keynote Address on Social Inclusion and Cohesion

A central challenge facing us here – how do we ensure that the issue of the urban poor, in particular, is given as much attention by the international community, beyond speaking about it?

by L.N. Sisulu | On 13 Jul 2006

Business Roundtable on Corporate Leadership for Sustainable Urbanization: Discussion Paper

The reality of urban development is that commerce and industry are two of its core drivers. Without the full participation of the private sector in efforts towards sustainable human settlements, the p...

by Rob Sinclair | On 13 Jul 2006

Mumbai/Shanghai: Prospects/Problems--Imitating Global, Failing Local

Do we aspire to be a ‘global’ city like Shanghai, with all the spit and polish to attract foreign investors by the drove? Or can we aim to be a city with a sustainable plan for its development – one t...

by Kalpana Sharma | On 13 Jul 2006

The Wealth of Cities: Towards an Assets-based Development of Newly Urbanizing Regions

The argument in this paper is in four parts: First, the author suggests that we can no longer treat cities apart from the regions surrounding them with which they are intensively entwined. Second, t...

by John Freidman | On 13 Jul 2006

Data Exclusivity: Another Self-Goal and a Trade Barrier

Introducing data exclusivity would require intending generic manufacturers to conduct their own duplicate trials – a process guaranteed to add further costs. The immediate entry of competitors after e...

by S Srinivasan | On 11 Jul 2006

Sub-National Innovation Networks in India: An Emerging Scenario

Proliferation of sub-national innovation networks, a relatively new concept, promises to be an alternative to centralized national innovation system. To be an independent entity, its growth must come...

by A.S. Rao | On 03 Jun 2006

Non-equity Alliances and the Performance of Indian Software Firms

The Indian software industry has grown very rapidly for more than a decade. In this study we report the results of a multivariate statistical analysis of the determinants of sales revenue growth and p...

by N.S. Siddharthan | On 03 Jun 2006

WCD Thematic Papers I.1: Contributing Paper: Dams and Benefit-Sharing

Historically, hydropower developed in the early 1900s as a local activity with small projects supplying local communities and industry: projects had local impacts and provided local benefits. As dams...

by Joseph Milewski | On 03 Jun 2006

Why Are We Still Arguing about Globalisation

This paper addresses the following question: why are we still arguing about globalisation? It analyses the recent evolution of debates relating to the impact of globalisation on poverty and economic...

by Andrew Sumner | On 02 Jun 2006

The Mckinnon-Shaw Hypothesis: Thirty Years on:A Review of Recent Developments in Financial Liberalization Theory

The Mckinnon-Shaw Hypothesis, in its’ various forms, is now thirty years old. This paper attempts to survey the literature on the Mckinnon-Shaw Hypothesis and tries to draw out some of the recurrent...

by Firdu Gmech | On 02 Jun 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

An evaluation of the developmental implications of the World Bank and IMF lending policies

This paper dwells on the essential requirements of economic development and the role of international credit,. It is also an incursion into the operational principles and strategies of the World Ba...

by Musa Jega Ibrahim | On 01 Jun 2006

Antidumping Duties as a Measure of Contingent Protection: an Analysis of Indian Experience

The aim of this paper is to analyse India's anti dumping behaviour. India has become a major user of anti dumping measures, initiating more than 300 cases against many of its trading partners. After...

by Nandana Baruah | On 23 May 2006

The Role and Nature of Non-Contributory Social Security in the Design of Social Protection Strategies for Older People in DCs

Non-contributory social security is increasingly attracting the attention of developing country policymakers and observers, not least as a mechanism to help address the perceived failure of contributo...

by Roddy McKinnon | On 23 May 2006

Implications of Rules of Origin: An Analysis

The formulation of appropriate criteria for origin determination is crucial for any country or regional trading block interested in ensuring growth and economic. Perhaps this is the single most impor...

by C. Satapathy | On 19 May 2006

The Value of Timber, Carbon, Fuelwood,and Non-Timber Forest Products in India's Forests

Accounting for forest wealth is an important ingredient in creating a framework for analysing policy trade-offs. This study describes forestry-related stocks and flows in terms of land area (under fo...

by Haripriya Gundimeda | On 15 May 2006

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

And Now a Car Story

The country’s export of automobiles has grown faster than software over the last four years. it does look as though automobile manufacture will be a new arrow in the country’s quiver. [Editorial . B...

by T.N. Ninan | On 03 May 2006

And Now a Car Story

It does look as though automobile manufacture will be a new arrow in the country’s quiver. This may be hard to believe, when one looks at the strengths of the automobile industries in the US and Japa...

by T.N. Ninan | On 03 May 2006

Integrating poverty reduction in IMF-World Bank Models

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

by Brigitte Granville | On 27 Apr 2006

Making globalisation work for the poor: The 2000 White Paper Reconsidered

The argument of the White Paper are Basically robust, but could be improved Long-term determinants of prosperity •Relatively less emphasis on openness •More emphasis on incentives to invest Short...

by Adrian Wood | On 27 Apr 2006

Rivers for Life: Inspirations and Insights from the 2nd International Meeting of Dam-Affected and their Allies

On November 28, 2003, roughly 300 grassroots activists, people affected by large dams and representatives from NGOs gathered in a small village in Rasi Salai district in Northeast Thailand. They met...

by Susanne Wong | On 25 Apr 2006

Dams and Development

The dams debate is simple because behind the array of facts and figures, of economic statistics and engineering calculations, lie a number of basic and easily understood principles. If adhered to and...

by World Commission on Dams WCD | On 24 Apr 2006

Weekend Ruminations: Casting for jobs

The reality of caste representation in the corporate sector may not be out of line with what the government would like.

by T.N. Ninan | On 23 Apr 2006

Three Observations on the Challenges of Growth and Poverty Reduction in Asia

While Asia’s success in growth and poverty reduction is to be greatly welcomed, and should be analysed for the lessons it has for other countries, the policy discourse should take on board three key p...

by Ravi Kanbur | On 21 Apr 2006

Impact on India of Tariff and Quantitative Restrictions under WTO

This paper assesses the impact of India’s unilateral tariff reductions and lowering of quantitative restrictions since 1991. It then evaluates the WTO commitments on nonagricultural market access in...

by Bishwanath Goldar | On 21 Apr 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

The Role of Price and cost Competitiveness in Apparel Exports, post MFA: A Review

Global outsourcing, technical change, and falling barriers to trade worldwide have transformed the structure of production and global competition in the textile and apparel industry. This sector has...

by Meenu Tiwari | On 20 Apr 2006

Technological Change in Kerala Industry:Lessons from Coir Yarn Spinning

Technological backwardness is a crucial fact of Kerala's industrial life. The major industries in Kerala, coir processing, handloom weaving, and beedi-making are marked by the use of low productive te...

by K.T. Rammohan | On 20 Apr 2006

India’s Demographic Trends: Implications for Growth and Capital Markets

India is in a favourable demographic phase, which has the potential to increase its trend rate of growth and depth of its financial and capital markets. These effects however are not likely to be au...

by Mukul Asher | On 17 Apr 2006

Public health, Innovation and Intellectual Property Rights: Report of the Commission on Intellectual Property Rights,Innovation and Public Health

On April 3, 2006, an independent commission on Intellectual Property Rights (IPR), innovation and public health presented its report to the World Health Organisation (WHO). The report was commissioned...

by | On 14 Apr 2006

India Needs to Separate Debt from Monetary Management

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

by Charan Singh | On 14 Apr 2006

Legislative Brief: The Food Safety and Standards Bill, 2005

The main objectives of the Bill are: (a) to introduce a single statute relating to food, and (b) to provide for scientific development of the food processing industry. The Bill aims to establish a sin...

by M. R. Madhavan | On 14 Apr 2006

Minimal Visible Inequality is Human Development

The urgent task ahead is the reduction of the visible inequalities in education, health and housing, thus contributing to a broad based evolution of human capabilities. As for the macroeconomic envir...

by Bhanoji Rao | On 11 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

An Emerging Knowledge Economy and a Stagnating Agrarian Economy: Contradictions in Andhra Pradesh under Globalization

This paper presents some features of the contradictions in Andhra Pradesh’s economy today: the fast growth of IT and other technology-intensive industries in Hyderabad, and the alarming levels of dist...

by Jayan Jose Thomas | On 30 Mar 2006

India’s Post-Liberalisation Growth Experience: An Analysis by the Demand Components

This paper tries to examine the sustainability aspect of the rate of growth (rog) in recent years, designated as ‘the second phase of liberalisation’. This paper is based on the Keynesian framework wh...

by Anamitra Roychowdhury | On 29 Mar 2006

India’s Pharmaceutical Industry in the WTO Regime: A SWOT Analysis

A SWOT analysis of the Indian Pharmaceutical Industry (IPI) in the WTO regime reveals that the much acclaimed IPI’s expertise in process development skills were made possible by the amendments made...

by N. Lalitha | On 28 Mar 2006

Trends and Patterns of Technology Acquisition in Indian Organized Manufacturing: An Inter-industry Exploration

With liberalization of foreign technology import policy in the 1990s, India has seen declining R&D intensity at national level. This has generated a general concern on how Indian industries are doin...

by Jaya Prakash Pradhan | On 28 Mar 2006

Migration and Labour mobility in the Leather Accessories Manufacture in India

Liberalisation and the policies thereafter have lead to a definite increase in production and export from the leather accessories industry in India. The focus of this paper is on migration and labour...

by Jesim Pais | On 28 Mar 2006

Understanding ‘Crises’ in a Traditional Industry: Case of Coir in Kerala

The paper attempts to critically analyse the issues that are an offshoot of the open market regime pursued in the industry. Intense competition between exporters for developed country suppliers along...

by I. Kalamani | On 28 Mar 2006

Foreign Direct Investment and Technology Spillovers:Evidence from the Indian Manufacturing Sector

During the recent period, many countries compete with each other to attract foreign investment. When MNCs invest in a host country, it is assumed that a part of their technology spills to the host cou...

by Subash Sasidharan | On 26 Mar 2006

The Persistence of Underdevelopment:Institutions, Human Capital or Constituencies?

Why is underdevelopment so persistent? One explanation is that poor countries do not have institutions that can support growth. Because institutions (both good and bad) are persistent, underdevelopmen...

by Raghuram G. Rajan | On 26 Mar 2006

Post-Autistic Economics Review, Issue No 36, February 2006

Results of Greatest Twentieth-Century Economists Poll Towards a Concrete Utopian Model of Green Political Economy by John Barry Economics Is Structured Like a Language by William Kaye-Blake ...

by Post-Autistic Economics Movement | On 26 Mar 2006

Chronicles of Tragedies and Harbingers of Hope: Resistance to Neo-Liberalism-- People’s Movements and Alternatives

Neo-liberal economic policies have threatened land security, security of employment opportunities and food security. In the background representatives of the peasantry have to transform themselves int...

by Vijoo Krishnan | On 26 Mar 2006

Coping with Risk or Courting More Risk?report on changing rural livelihoods during agrarian distress in Kerala

This paper deals with the agrarian distress experienced in parts of rural Kerala from the latter half of the 1990s, and the ways in which the distress affected the livelihoods of cultivating household...

by R. Ramakumar | On 26 Mar 2006

Regional and Gender Disparities in Agricultural Wages

This study on agricultural wages shows that states like West Bengal and Gujarat have performed well in providing gender equal wages to men and women. Kerala’s performance in maintaining gender equal w...

by Shambhu Ghatak | On 26 Mar 2006

Regional Diffferences in FDI Inflows: China – India Comparison

An analysis of regional differences in the flow of FDI in China and India is important as in both these countries a few regions account for the bulk of FDI inflows. There are very few studies on regi...

by N.S. Siddharthan | On 23 Mar 2006

Union Budget 2006-07: Reforms in Indirect Taxes: Long on Rhetoric

The Finance Minister’s speech presenting the Union Budget 2006-07 indicated that long-overdue reforms of the tariff structure had been undertaken in this year’s budget. But a careful analysis of thes...

by Sukumar Mukhopadhyay | On 22 Mar 2006

Hans Singer: Obituary

Hans Wolfgang Singer, development economist, died on February 26 2006. Singer's best known work relates to the declining terms of trade experienced by developing countries. First published in 1949,...

by Richard Jolly | On 22 Mar 2006

Does a Rising Tide Lift All Boats Evenly?Health Investments and Gender Inequality in India

Gender inequality in South Asia is an important policy issue; gender imbalances in mortality have been of particular concern. Policy makers often argue that increasing the level of development and ac...

by Emily Oster | On 21 Mar 2006

A Changed World: A Plea for New Thinking

This paper queries the rightness of the current mainstream thinking on development and technological change; expresses the apprehension that the much-feared climate change seems to have begun, and con...

by Ramaswamy R. Iyer | On 20 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

Why is Exchange Rate Pass-through So Low?

Policy makers are particularly concerned about the extent and speed of exchange rate pass-through into domestic prices. However, in recent times there seems to be a growing degree of disconnect betw...

by Amit Ghosh | On 14 Mar 2006

Indo-US Nuclear Deal: Time to be Wary

Now that the nuclear deal has been struck, there is a real danger of India now settling comfortably into a de facto NWS status within a welcoming international non-proliferation architecture. This wil...

by D.Raghunandan | On 14 Mar 2006

Hunger and Health: Addressing Urgent Issues

This statement following a workshop on ‘Hunger and Health: An Interdisciplinary Dialogue attended by a cross-section of India’s nutritional scientists, health professionals, public health specialists,...

by Workshop on Hunger and Health Interdisciplinary Dialogue | 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

The Extent of Exchange Rate Flexibility in India: Basket Pegger or Closet US Dollar Pegger?

This paper examines the degree of de facto exchange rate flexibility for India over the last two decades. While there is a diversity of methods that measure de facto exchange rate regimes, none indivi...

by Tony Cavoli | On 08 Mar 2006

Union Budget : Financing Social Sector Budgets

There has been a perception that since the introduction of what have derisively been called “neo-liberal” reforms, the social sectors i.e. those dealing with education and health, have suffered. Is...

by Ajit Karnik | On 07 Mar 2006

FEER :The March Issue

Technology: The Siren Song of Technonationalism by David Kang and Adam Segal India’s Coming Eclipse of China by Hugo Restall Trade: Social Justice and Global Trade by Joseph Stiglitz Law: Chinese L...

by Far Eastern Economic Review | On 07 Mar 2006

The Siren Song of Technonationalism

Technological development in Asia is driven by government policy, and that policy is motivated in large part by technonationalism, or the desire of Asian states to free themselves from dependence on W...

by David Kang | 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

Medico Friend Circle Bulletin, 315, February-March 2006

Wishing away a Condition: Issues of Concern in the Control and Treatment of Leprosy - Jan Swasthya Sahayog(JSS) How to Count the Poor Correctly versus Illogical Official Procedures - Utsa Patnaik...

by Medico Friend Circle | On 04 Mar 2006

What’s So Special about China’s Exports?

Much more than comparative advantage and free markets have been at play in shaping China's export success. Government policies have helped nurture domestic capabilities in consumer electronics and oth...

by Dani Rodrik | 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: Budget Speech 2006-07

by Ministry of Finance Government of Gujarat | On 27 Feb 2006

Economic Survey 2005-06, Chapter 10

Social Sectors

by Ministry of Finance | On 27 Feb 2006

Economic Survey 2005-06, Chapter 9

Infrastructure

by Ministry of Finance | On 27 Feb 2006

Economic Survey 2005-06, Chapter 8

Agriculture

by Ministry of Finance | On 27 Feb 2006

Economy Survey 2005-06, Chapter 7

Industry

by Ministry of Finance | On 27 Feb 2006

Economic Survey 2005-06, Chapter 6

External Sector

by Ministry of Finance | On 27 Feb 2006

Economic Survey 2005-06, Chapter 5

Prices and Food Management

by Ministry of Finance | On 27 Feb 2006

Economic Survey 2005-06, Chapter 4

Securities Markets

by Ministry of Finance | On 27 Feb 2006

Economic Survey 2005-06, chapter 3

Monetary and Banking Developments

by Ministry of Finance | On 27 Feb 2006

Economic Survey 2005-06, Chapter 1

General Review

by Ministry of Finance | On 27 Feb 2006

Role of Japan in BIMSTEC

The main objective of the paper is to explore the role of Japan in the Bay of Bengal Initiative for Multi-Sectoral and Technical Cooperation (BIMSTEC). The analysis suggests that BIMSTEC-Japan cooper...

by Mukul Asher | On 26 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

Financial Health of Private Hospitals in India

Hospitals are an important component of the healthcare delivery system. Over the years, India has experienced a significant increase in the number iof hospital beds to meet the growing health demands...

by Ramesh Bhat | On 24 Feb 2006

Some Key Issues in Policy, Pricing, Regulation, and Financing of Irrigation Development in India Today

This paper discusses the stylised problems relating to water and irrigation in India and argues tht most of the inefficeincies, misuse and environmental damage have their roots in the mispricing of wa...

by Sebastian Morris | On 24 Feb 2006

Home-based Work in India: A Disappearing Continuum of Dependence?

In India, the recent decade has seen particularly dynamic changes in the economy due to the economic reforms. This might have had a significant impact on the labour markets and also led to expansion...

by Jeemol Unni | On 16 Feb 2006

IEEMA Pre-Budget Memorandum

EEMA is however deeply concerned with regard to a few issues, particularly about the recent FTA’s with neighboring countries like Thailand, Singapore, Bangladesh and other countries. EEMA fears that,...

by Indian Electrical & Electronics Manufacturers` IEEMA | On 16 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

Financial Integration in East Asia: How Far? How Much Further to Go?

Despite numerous empirical studies examining various facets of the topic, the degree of intraregional financial integration in East Asia remains a matter of vigorous debate. This paper offers a select...

by Tony Cavoli | On 07 Feb 2006

Assessing Effectiveness of Child Marriage Restraint Act, 1929: Toothless is not Useless

Not all forms of tradition are good. How does civil society attempt to change these conventions? In particular can legislation be effective at all in such cases? Have there been instances when societ...

by Neeraj Hatekar | On 07 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

What’s Social Policy Got To Do With Economic Growth?

So what’s social policy got to do with economic growth? Quite a lot, it would appear, if one takes the results of cross-country growth regressions at face value, as they are by many social policy anal...

by Ravi Kanbur | On 03 Feb 2006

India-Taiwan: Case for Robust Economic Partnership

As India continues to pursue calibrated globalisation and expand external linkages, this is an opportune time to develop robust economic partnership with Taiwan, an economy with a GDP of over US$300b...

by Mukul Asher | On 02 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

Discussion Note: Draft National Pharmaceutical Policy 2006

A note on the long-awaited Draft National Pharmaceutical Policy 2006. The Policy appears to have taken into consideration consumer needs, paying respect to rational therapeutics. A closer examinati...

by All-India Drug Action Network (AIDAN) | On 28 Jan 2006

The Social Cost of Foreign Exchange Reserves

There has been a very rapid rise since the early 1990s in foreign reserves held by developing countries. These reserves have climbed to almost 30 percent of developing countries' GDP and 8 months of i...

by Dani Rodrik | On 27 Jan 2006

Real Sector Shocks and Monetary Policy Responses in a in a financially vulnerable Emerging Economy

When analyzing the appropriate response for monetary policy during a currency crisis it is important to keep in mind two distinct channels: (a) the impact of raising interest rates on exchange rates...

by Ramkishen S. Rajan | On 27 Jan 2006

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

Social Capital, Diversity and (Economic) DEvelopment: Evidence from Indian IT Industry, Bangalore

This paper addresses two sets of questions related to IT development and lessons to be drawn for other regions both in and outside India. Firstly, based on original fieldwork an additional argument t...

by Florian A. Taube | On 19 Jan 2006

ICT sector and regional economic development:Evidence from Karnataka State

This paper distinguishes the contribution of information and communication technology (ICT) sector to economic development by manufacturing and service activities in Karnataka State. Using the availab...

by M.R. Narayana | On 19 Jan 2006

Social Mobility in the Context of occupational Health: Case of Silk Reeling

Karnataka is the single largest producer of silk in the country.As an income generation activity,sericulture has been seen as part of anti-poverty efforts of both the state and central governments. Ho...

by Anand Inbanathan | On 19 Jan 2006

Irrigation, Agrarian Change and Local Politics: in South Telengana, 1960-1996

This paper deals with the impact of irrigation on agrarian change and local politics in the period, 1960 to 1996 in the irrigated region of South Telengana, Andhra Pradesh. The article is based on a p...

by V. Anil Kumar | On 17 Jan 2006

Draft National Pharmaceutical Policy, 2006

In 2002 the government had formulated a new Drug Policy, but the same could not be implemented due to litigation involving it. As a consequence, the policy of 1994 continues to be in force.The pr...

by Department of Chemicals and Petrochemicals | On 16 Jan 2006

AT Times When Limbs May Fail: Social Security for Unorganised Workers in Karnataka

Policy makers, therefore, often encounter the following questions while formulating the social security schemes. What are the priority social security needs of unorganized workers? What existing mecha...

by D. Rajasekhar | On 13 Jan 2006

Karnataka Yeshasvini Health Insurance Scheme: Towards Comprehensive Health Insurance Coverage in Karnataka?

This is a case study of the Yeshasvini Health Insurance Scheme for rural farmers and peasants in Karnataka. The scheme, now in its second year of operation, covers 2.2 million farmers and peasants w...

by Sarosh Kuruvilla | On 13 Jan 2006

Report on Second Global Symposium on Pensions , November 18-19, 2005 in Pune

Many developments have taken place over the years. With increase in life expectancy, retirement is becoming longer and traditional retirement models are under strain. Government is now showing serious...

by Anonymous | On 12 Jan 2006

Regulation and Supervision of Pension Funds in India

Power Point Presentation. Occupational pension funds need to be regulated and supervised. A statutory role in the form of Scheme Actuary needs to be created for DB pensions.Adequate information need...

by S.P. Subedar | On 12 Jan 2006

International Best Practices in Pension Supervision

Power Point Presentation. Pension funds must be operated solely for the benefit of participants. • Regulator must be strong and politically independent; • Laws must focus on safety and soundness; •...

by Thomas E. Power | On 12 Jan 2006

Recent Social Security Reforms In Selected Asian Countries

Power Point presentation. In countries such as China, transition (and legacy) issues are a major challenge. This is also the case with civil service reforms in countries such as India, Sri Lanka, Mal...

by Mukul Asher | On 12 Jan 2006

Pension Benefits/Business in India

Power Point Presentation on Pension Benefits/business

by K. Subramanyam | On 12 Jan 2006

The Dynamics of Population Ageing

Power Point Presentation Fertility decline can play a role in economic development if the period of “demographic window of opportunity” is characterised by: a) More workers producing more total out...

by R. Nagarajan | On 12 Jan 2006

Agrarian Reform for a Liberal Pattern of Society? Karnataka's Land Policy and the New Dispensation

It is puzzling how much the discourse of development has backed away from the seemingly central question of rural poverty: land. Elaborate rules concerning its distribution, rights, regulation, prot...

by Ronald Herring | On 12 Jan 2006

Regional and Gender Disparity in Agricultural Wages

This study on agricultural wages shows that states like West Bengal and Gujarat have performed well in providing gender equal wages to men and women. Kerala’s performance in maintaining gender equal w...

by Shambhu Ghatak | On 11 Jan 2006

Choosing not to Participate--Evidence from Drought-Prone Area Programme in Chitradurg, Karnataka

This paper examines the evidence on the constraints that farmers face in participating in a programme evolved by 'somebody else' viz, ‘the government’, . The paper begins with a discussion on the typ...

by G.Ananda Vadivelu | On 09 Jan 2006

The Mystery of China’s Sinking Stocks

The article exposes the shortcomings of China’s stock markets and examines the failed attempts by the government to introduce meaningful stock-market reform. China has largely avoided major policy blu...

by Weijian Shan | On 07 Jan 2006

Consultation Paper on Issues Relating to Convergence and Competition in Broadcasting and Telecommunications

This Consultation Paper, being issued with a view to making recommendations to the Government under section 11(1)(a)(iv) of the TRAI Act, focuses on the need to bring about convergence in all aspects...

by Telecom Regulatory Authority of India (TRAI) | On 04 Jan 2006

India-ASEAN Cooperation in Services: An Overview

This paper analyses the opportunities in services trade that may arise out of the India-ASEAN Economic Cooperation to makes an assessment of the net gains that could arise from liberalisation of the c...

by Suparna Karmakar | On 24 Dec 2005

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

The Impact of Mode 4 Liberalization on Bilateral Trade Flows

This paper gives insights into the possible trade creating effects of service trade liberalization via Mode 4. In particular we expect that temporary movements of persons, like permanent movements, h...

by Marion Jansen | On 19 Dec 2005

Multilateral Solutions to the Erosion of Non-Reciprocal Preferences in NAMA

This paper analyzes the risks of preference erosion arising from MFN trade liberalization in manufactured products. It focuses on developing countries that receive non-reciprocal preferences in the m...

by Patrick Low | On 19 Dec 2005

The Economic Impact of EPAs in SADC Countries

The Cotonou Agreement introduces new fundamental principles with respect to trade between the European Union and African, Caribbean and Pacific countries relative to the Lomé Convention: in particula...

by Alexander Keck | On 19 Dec 2005

Public Services and GATS

The status of public services is one of the most hotly debated issues surrounding the GATS. There are two approaches to distinguish such services from any other services: an institutional approach t...

by Rolf Adlung | On 19 Dec 2005

Who’s Going Broke? Comparing Growth in Healthcare Costs in Ten OECD Countries

Government healthcare expenditures have been growing much more rapidly than GDP in OECD countries. For example, between 1970 and 2002 these expenditures grew 2.3 times faster than GDP in the U.S., 2.0...

by Laurence J. Kotlikoff | On 16 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

Evolution of Anti Dumping Measures

This paper looks at how the term ‘dumping’ is understood by the economists, trade and trade officials and multilateral bodies like the WTO and traces the origin and evolution of antidumping measures...

by C. Satapathy | On 12 Dec 2005

Environmental Quality Provision and Eco-labelling: Some Issues

This paper is a literature survey of some relevant issues arising from environmental quality provision and eco-labelling schemes. First of all it is shown how the two topics are strictly related. Firm...

by Laura Valentini | On 11 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

India: From White Collar to Blue

India has joined China as the darling of the global investor community. Much of this is well deserved since 14 years of economic reform have genuinely transformed the economy. However, the main driver...

by Sanjeev Sanyal | On 09 Dec 2005

‘Urban Bias’ in the Flow of Funds and Deposit Mobilisation:Evidence from Karnataka, India

Until banking sector reforms were introduced in India in 1991, the emphasis in the credit provision through formal banking system was to meet the targets at the expense of the quality of credit and vi...

by Gagan Bihari Sahu | On 08 Dec 2005

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

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

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

Poverty Knowledge and Poverty Action: Evidence from Three States in India

Even as some households are coming out of poverty, other households are concurrently falling into poverty. Poverty creation and poverty destruction are proceeding alongside. A bottom-up methodology...

by Anirudh Krishna | On 08 Dec 2005

Gandhi’s Economic Thought and Modern Economic Development: Some Reflections

A fresh wave of globalisation since the early 1990s has created both hope and despair. Failure of state has reaffirmed faith in market based institutions. Expansion in trade across national borders an...

by Sudarshan Iyengar | On 07 Dec 2005

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

Pharmaceuticals, WTO/TRIPs and Women

This paper looks at the effects of WTO/TRIPS and pharmaceuticals on women. The focus is on the poor and women. The first part of the paper tries to show the linkages between the idea of intellectual p...

by S Srinivasan | On 27 Nov 2005

Hepatitis B and the Case of the Missing Women

In many Asian countries the ratio of male to female population is higher than in the West -- as high as 1.07 in China and India, and even higher in Pakistan. A number of authors (most notably Sen, 19...

by Emily Oster | On 27 Nov 2005

East Asian Community: Prospects and Challenges

There is a growing need to a more institutionalized economic arrangement in East Asia. East Asia Economic Community might be an ideal form of such institution. However, the road is still long and...

by A Damuri | On 23 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

WTO News and Views

by ICRIER | On 22 Nov 2005

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

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

by A. Indira | On 22 Nov 2005

Development of National Infrastructures open to Asia and the Role of Fukuoka

The Asian Age is coming and these are some of the factors aiding it. The reduction of the domestic market (decrease in population, development of service economy and increase in imports); Dissolution...

by Akira Yamasaki | On 22 Nov 2005

East Asian Integration: Opportunities for Fukuoka and Japan

In order to advance regional integration in East Asia, there needs to be a rapid expansion of FTAs. The obstacles in promotion of FTAs need to be resolved. Some of the features in realising FTAs are:...

by Shujiro Urata | On 22 Nov 2005

Singapore's Role in Building of an East Asian Community

An East Asian community(EAC) is an idea now being seriously pursued in spite of significant challenges. Proliferating bilateral deals in Asia could emerge as building blocks towards the EAC, provided...

by Rahul Sen | On 22 Nov 2005

Dams

The construction of large dams is one of the most costly and controversial forms of public infrastructure investment in developing countries, but little is known about their impact. This paper studies...

by Esther Duflo | On 21 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

B.S.Minhas: 'Prescribing Rationality'

In his early years, B S Minhas, who passed away recently, enriched economics with his valued theoretical contributions that are today an integral part of economic literature. These were both acknowled...

by Deena Khatkhate | On 21 Nov 2005

Has Financial Development Made the World Riskier?

Developments in the financial sector have led to an expansion in its ability to spread risks. The increase in the risk bearing capacity of economies, as well as in actual risk taking, has led to a ran...

by Raghuram G. Rajan | On 16 Nov 2005

Riots in Mau: Report on an Investigation

On October 13-14, 2005 Mau in Uttar Pradesh, India experienced widespread violence and communal tension. Mau has a long history of communal tensions. It is largely rural district with a minority of...

by Rooprekha Verma | On 16 Nov 2005

Contract Farming for Agricultural Development:Review of Theory and Practice with Special Reference to India

The present paper examines contract farming and its situation in India on the basis of nature of contracts, nature of contract growers, practice and implementation of contract farming and techniques,...

by Sukhpal Singh | On 11 Nov 2005

Underground Gun Markets

This paper provides an economic analysis of underground gun markets drawing on interviews with gang members, gun dealers, professional thieves, prostitutes, police, public school security guards and t...

by Philip J. Cook | On 11 Nov 2005

Tradable Permits for Environmental Protection: Case Study of an Integrated Steel Plant in India

Cost effective policies allow minimising the compliance costs associated to reaching a desired environmental quality target. In this paper a conceptual model has been developed to examine the complia...

by Rita Pandey | On 11 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

Mughal Decline, Climate Change, and Britain’s Industrial Ascent:An Integrated Perspective on India’s 18th and 19th Century Deindustrialization

India was a major player in the world export market for textiles in the early 18th century, but by the middle of the 19th century it had lost all of its export market and much of its domestic market....

by David Clingingsmith | On 10 Nov 2005

A sustainable and scalable approach in Indian pension reform

India is making sound progress on poverty elimination for those who can work. Poverty amongst the elderly will then become the dominant form of poverty in India, since the elderly do not work and thu...

by Ajay Shah | On 08 Nov 2005

Globalisation, Demographic Transition and Reform of Social Safety Nets in India

This paper accepts Rodrik’s premise that globalization and associated changes have increased the urgency of developing social safety nets to: Cushion transition; Help maintain legitimacy of reform, a...

by Mukul Asher | On 08 Nov 2005

Private (Occupational) Pensions in China: A Note on Recent Developments

China, as the most populous country in the world, is ageing rapidly. Against the background of dramatic demographic changes in this century, China’s current pension system is badly structured, and not...

by Yu-Wei Hu | On 22 Oct 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

Economic Backwardness in History: Deviation from a Eurocentric Theme

This paper aims to demonstrate that the economic behaviour of ordinary men and women in the pre-colonial Deccan was as much ‘capitalistic’ as that of similar agents in contemporary Europe. The differe...

by Neeraj Hatekar | On 21 Oct 2005

The Development Of Development Thinking

This essay examines the evolution of thinking on development and development policy, with a special focus on economic issues, in the last fifty years. In particular, it explores the interaction betwee...

by Ravi Kanbur | On 30 Aug 2005

The Future Of Democracy

This paper examines the future of democracy in Nepal against the current debate on political reforms, referred to in popular discourse as ‘restructuring the state'

by Krishna Khanal | On 29 Aug 2005