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Weekend Rumniations: Don't bet just yet on Bangladesh as South Asia's economic champion

Bangladesh might overtake India this year by per capita income in nominal dollars, but it is not yet close to becoming South Asia's economic powerhouse anytime soon.

by T.N. Ninan | On 17 Oct 2020

Weekend Ruminations: Advice for shoot-from-the-hip nationalists: Take aim before firing

It's all good to be tactical - keep China out of strategic markets; hit back in the same coin if it looks to keep India's key sectors out - but don't shoot yourself in the foot.

by T.N. Ninan | On 21 Jun 2020

The COVID-19, Migration and Livelihood in India

Sudden eruption of migration crisis resulting from the out-break of COVID-19 again reminds us the urgency of the matter. This policy paper presents how our understanding of migration and livelihood...

by R. B. Bhagat | On 08 May 2020

Urban Food Markets and the Lockdown in India

On March 24, 2020, the Government of India announced a 21-day national lockdown that has since been extended to May 3, 2020. The lockdown has left urban food markets in disarray with severe supply b...

by Sudha Narayanan | On 06 May 2020

Class Struggle, Environment and the Corona Virus Pandemic

Unless militant actions are undertaken, workers will find more and more of their rights trampled in the name of fighting the Corona virus. Parties, trade unions, and social movement organisations and...

by Kunal Chattopadhyay | On 25 Apr 2020

Emerging Markets Perspectives on G-20 led Financial Reforms

The chapter examines progress as well as continuing concerns in G-20 led financial reforms, with particular emphasis on emerging markets (EMs). Although risks remain they are of a lower order of magni...

by Ashima Goyal | On 25 Apr 2019

When do regulatory interventions work?

Previous studies find mixed results about how a fee on high order-to-trade (OTR) ratios impacts market quality. Using a natural experiment where such a fee was introduced twice for different reasons,...

by Nidhi Aggarwal | On 25 Apr 2019

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

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

by Hongyi Chen | On 01 Apr 2019

Emerging Trends in India-Pakistan Trade

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

by Nisha Taneja | On 05 Feb 2019

Trade, Trade Agreements and Subsidies: The Case of the Indian Apparel Industry

This paper presents India’s trade in apparel products by sub-sectors and key markets, and analyses its trade competitiveness across different sub-sectors. It examines the impact of trade agreements an...

by Arpita Mukherjee | On 04 Feb 2019

Changing Structure of Employment in Indian States

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

by A.V. Jose | On 01 Feb 2019

Enlargement Decisions of Regional Trading Blocs with Asymmetric Members

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

by Sunandan Ghosh | On 31 Jan 2019

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

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

by Daniele Ponzi | On 29 Jan 2019

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

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

by Ha Thi Thanh Doan | On 29 Jan 2019

Examining the Trade-Off Between Price and Financial Stability in India

In recent years, many emerging economies including India have adopted inflation targeting framework. Post the global financial crisis, there is a growing debate on whether monetary policy should targe...

by Ila Patnaik | On 23 Jan 2019

Responses to Trade Opening: Evidence and Lessons from Asia

In various Asian countries, international trade has raised productivity, lowered mark ups through import competition (while increasing them through cheaper inputs that can be imported), raised wages,...

by Devashish Mitra | On 22 Jan 2019

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

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

by Ben Shepherd | On 20 Jan 2019

Data Localisation in India: Questioning the Means and Ends

This paper classifies the arguments around data localisation into three broad categories - the civil liberties perspective; the government functions perspective and the economic perspective. It examin...

by Rishab Bailey | On 12 Jan 2019

Exporting and Firm Performance: Evidence from India

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

by Apoorva Gupta | On 12 Jan 2019

Services Policies and Manufacturing Exports

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

by Ben Shepherd | On 28 Dec 2018

Competition in Two Sided Markets with Congestion

This paper analyses competition in a two sided market with congestion. The existing literature’s pricing mechanisms of two-sided markets has concluded that pricing mechanism depends on the following t...

by Swapnil Sharma | On 27 Dec 2018

Transformation of Indian Agriculture? Growth, Inclusiveness and Sustainability

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

by S. Mahendra Dev | On 26 Dec 2018

The Impact of Trade Conflict on Developing Asia

This paper analyzes the effects of the current trade conflict on developing Asia using the Asian Development Bank’s Multiregional Input–Output Table (MRIOT), allowing us to calculate the impact on ind...

by Abdul Abiad | On 21 Dec 2018

Does the Exposure to Routinization Explain the Evolution of the Labour Share of Income ? Evidence from Asia

This paper analyzes the evolution of the labor share of income in Asia, a region where countries have experienced steep declines and increases as well as stable labor income shares in the quarter-cent...

by Mitali Das | On 13 Dec 2018

Do Local Currency Bond Markets Enhance Financial Stability?

This paper empirically tests conventional wisdom on the stabilizing effect of LCBMs. To do so, it analyses and compare the financial vulnerability of developing countries during two episodes of financ...

by Donghyun Park | On 26 Oct 2018

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

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

by Cyn-Young Park | On 26 Oct 2018

Prospects for trade and cooperation under the Philippines-Taiwan EPA

This Policy Note assesses the extent to which the products of the Philippines and Taiwan compete with or complement each other using the Balassa revealed comparative advantage (RCA) index and other tr...

by Ritchelle J. Alburo | On 03 Oct 2018

Money and Business Cycle: Evidence From India

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

by Ashima Goyal | On 21 Sep 2018

The Changing Network of Financial Market Linkages: The Asian Experience

The paper investigates the changing network of financial markets for six periods from 1995–2016, constructing a network that captures the concepts of the direction of links between markets, the signif...

by Biplob Chowdhury | On 21 Sep 2018

Risk Management in Maldives: Sharing Practical Experience and Lessons Learned

Risk management is a systematic approach to determine which goods and passengers need to be examined in detail when entering a country. It involves (i) collecting, storing, and analyzing data to und...

by Asian Development Bank | On 19 Sep 2018

Rationale and Institution for Public – Private Partnerships

Private–public partnership (PPP) methods are considered to be an effective way to narrow the gap between demand and supply of social infrastructure. If successfully pursued, PPP can deliver benefits t...

by Jungwook Kim | On 19 Sep 2018

Bribes vs. Taxes: Market Structure and Incentives

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

by Francesco Amodio | On 17 Sep 2018

Is Employment Globalizing?

The paper investigates the claim that national labor markets have become more globally interconnected in recent decades. It is done so by deriving estimates over time of three different notions of int...

by Liming Chen | On 10 Sep 2018

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

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

by Vivek Rao | On 24 Aug 2018

Investing in Health Security for Sustainable Development in Asia and the Pacific: Managing Health Threats Through Regional and Intersectoral Cooperation

Asia is a hot spot for emerging and reemerging infectious diseases, including those with pandemic potential. At the same time, the region is grappling with growing antimicrobial resistance and the hea...

by Megan Counahan | On 24 Aug 2018

Evaluating India's Exchange Rate Regime Under Global Shocks

The paper assesses the performance of India's managed float with respect to maintaining a real competitive exchange rate, its effect on trade, on stability of currency and financial markets, and on in...

by Ashima Goyal | On 24 Aug 2018

Building Food Security in Asia through International Agreements on Rice Reserves

The policy brief aims to mitigate the impact of natural disasters on food security, ASEAN established a rice reserve on 4 October 1979. The rice reserve was developed to alleviate poverty and to eradi...

by Asian Development Bank Institute | On 10 Aug 2018

Enabling Smart Urban Redevelopment in India through Floor Area Ratio Incentives

This working paper assesses the potential of incentive FAR approaches in two Indian cities, Mumbai and Ahmedabad, for leveraging the economic value of urban land. A thorough analysis of Mumbai’s clust...

by Apoorva Shenvi | On 25 Jul 2018

Financial Inclusion, Financial Regulation, Financial Literacy, and Financial education in the Kyrgyz Republic

This paper discusses recent developments in financial inclusion and financial literacy in Kyrgyz Republic. While financial inclusion is considered one of the key drivers of today’s development, it is...

by Savia Hasanova | On 19 Jul 2018

Status of Labour Rights in Pakistan 2016

The PILER 2016 report on the Status of Labour Rights, sixth in the series, based on the secondary research, aims to present an overview of the status of labour and the issues in the year impacting lab...

by Pakistan Institute of Labour Education & Research (PILER) | On 14 Jun 2018

Trade Costs, Time, and Supply Chain Reliability

This paper uses measures of international transport time, in median and standard deviation, based on shipment-level data from the Universal Postal Union, to analyze the effect of time on trade costs....

by Utsav Kumar | On 14 Jun 2018

Market Integration, Demand and the Growth of Firms: Evidence from a Natural Experiment in India

In many developing countries, the average firm is small, does not grow and has low productivity. Lack of market integration and limited information on non-local products often leave consumers unaware...

by Robert T. Jensen | On 12 Jun 2018

Economic Policy for Artificial Intelligence

Recent progress in artificial intelligence (AI) – a general purpose technology affecting many industries - has been focused on advances in machine learning, which recast as a quality adjusted drop in...

by Ajay K. Agrawal | On 12 Jun 2018

Empirical Analysis of Factors Influencing Price of Solar Modules

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

by Farhad Taghizadeh-Hesary | On 11 Jun 2018

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

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

by Sayuri Shirai | On 07 Jun 2018

Young Enterprises and Bank Credit Denials

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

by Danilo V. Mascia | On 06 Jun 2018

Book Review: The Indian Ocean as a Historical Region

Review of 'The Indian Ocean in World History' by Edward A. Alpers, Oxford World History Series. Oxford: Oxford University Press, 2013. 172 pp. Illustrations, maps. $19.95 (paper), ISBN 978-0-19-5337...

by | On 06 Jun 2018

Estimating Elasticity of Transport Fuel Demand in Pakistan

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

by Muhammad Omer | On 06 Jun 2018

Adjustment to Trade Opening: The Case of Labor Share in India’s Manufacturing Industry

This paper is to studies how manufacturing plants in India adjusted to trade liberalization during the period 1998–99 to 2007–08. It estimates how the labor share changed due to tariff reduction. The...

by Prachi Gupta | On 05 Jun 2018

Mythili Sivaraman: An Interview

First published in 1999, this video interview of Mythili Sivraman, who was vice president All India Democratic Women's Association, with Gnani, Tamil journalist with English subtitles.Mythily speaks a...

by Gnani Gnani | On 04 Jun 2018

FDI in Services and India

Developing countries, including India, are increasing relying on foreign direct investments (FDI) for raising finance for infrastructure development and other projects. Consequently, coun...

by Tanu M Goyal | On 09 May 2018

Innovation and Trade Policy in a Globalized World

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

by Ufuk Akcigit | On 02 May 2018

India and Trade Facilitation in Services (TFS) Agreement: Concerns and Way Forward

Services are a major component of global gross domestic product and employment, and a rising component of global trade and investment flows. This is the largest sector of the Indian ...

by Avantika Kapoor | On 25 Apr 2018

The Impact Of The EU IUU Regulation On Seafood Trade flows: Identification of Intra-EU Shifts in Import Trends Related to the Catch Certification Scheme and Third Country Carding Process

Previous studies have shown how analyses of publicly available fisheries trade datasets – whether the analysis of a single dataset or comparative analysis between two or more datasets – can support th...

by Environmental Justice Foundation (EJF) | On 10 Apr 2018

International Commodity Prices and Domestic Bank Lending in Developing Countries

We study the role of the bank-lending channel in propagating fluctuations in commodity prices to credit aggregates and economic activity in developing countries. We use data on more than 1,600 banks...

by | On 30 Mar 2018

A Comparison of Global Governance Across Sectors: Global Health, Trade and Multilateral Development Finance

To what extent do the World Health Organization, the World Trade Organization, and the World Bank remain central today and how much influence do they still wield in shaping the global agenda? While...

by | On 30 Mar 2018

The Geography of Patenting in India: Patterns and Determinants

This study examines the regional profiles of patenting activities in India. The number of most dynamic sub-national spaces in patent applications is found to be limited to just two to three regions...

by Jaya Prakash Pradhan | On 29 Mar 2018

An Analysis of Nepal’s Transit through India

Nepal, a landlocked country, relies on transit access from neighbouring countries to participate in international trade. For Nepal, the nearest sea-port is that of Kolkata in India and the transit a...

by Isha Dayal | On 28 Mar 2018

Trade Facilitation Measures to Enhance Women’s Participation in Cross-border Trade in BBIN

Trade facilitation measures improve the trading environment by reducing transaction costs and thereby increasing the gains from trade. Although the use of trade facilitation measures for tackling tr...

by Sanjana Joshi | On 28 Mar 2018

Trade Rules in E-commerce: WTO and India

Electronic commerce (e-commerce) is an integral part of business activities, and various models of e-commerce have emerged with liberalisation and technological developments. Global e-commerce trade...

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

Demand for Textile and Clothing Exports of Pakistan

This study says that for a long time, textile and clothing have played an important role in the economic development of the country.

by Afia Malik | On 26 Mar 2018

The State of the World's Land and Water Resources for Food and Agriculture: Managing Systems at Risk

The issue of land and water for crops. It examines the kinds of production responses needed to meet demand. It also assesses the potential of the world’s land and water resources to support these de...

by Food and Agricultural Organization [FAO] | On 22 Mar 2018

Status of Labour Rights in Pakistan 2015

The PILER 2015 Report on the Status of Labour Rights, fifth in the series, based on secondary research, aims to present an overview of the status of labour and the issues in the year impacting labour...

by Pakistan Institute of Labour Education & Research (PILER) | On 21 Mar 2018

Trade, Technology, and Prosperity An Account of Evidence from a Labor-market Perspective

This report assesses the state of economic research into those areas, with a particular focus on empirical methodologies and their adequacy for an assessment of general-equilibrium outcomes. While di...

by Marc-Andreas Muendler | On 20 Mar 2018

Exchange Rate Instability and Trade: The Case of Pakistan

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

by M. Ali Kemal | On 19 Mar 2018

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

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

by S.K. Sasikumar | On 12 Mar 2018

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

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

by | On 06 Mar 2018

Bank Liquidity, Credit Supply, and the Environment

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

by Ross Levine | On 05 Mar 2018

Sticky Expectations and Consumption Dynamics

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

by Christopher D. Carroll | On 05 Mar 2018

Trade with Correlation

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

by Nelson Lind | On 05 Mar 2018

The Multilateral Legal Instrument: A Developing Country Perspective

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

by Suranjali Tandon | On 03 Mar 2018

Trade, Financial Flows and Stock Market Interdependence: Evidence from Asian Markets

Liberalization and globalization of Newly Industrialized Economies have contributed to increased integration of capital markets. This study tests whether convergence of macroeconomic variables and e...

by | On 27 Feb 2018

Internationalisation of the Rupee

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

by Shekhar Hari Kumar | On 27 Feb 2018

The 2018 Budget Speech: Malaysia

Budget speech by Finance Minister of Malaysia.

by Minister of Finance Malaysia | On 09 Feb 2018

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

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

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

Citizen Engagement, Deliberative Spaces and the Consolidation of a Post-Authoritarian Democracy: The Case of Indonesia

This paper argues that support for citizen participation and accountability among civil society actors can consolidate local deliberative spaces and improve the performance of local government.

by Hans Antlöv | On 07 Feb 2018

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

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

by Arun Jaitley | On 31 Jan 2018

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

Economic Effects of Anti-Dumping Duties: Protectionist Measures or Trade Remedies?

This paper also investigated whether an anti-dumping duty is terminated in the case that the injury would not be likely to continue or recur if the duty were removed.

by | On 31 Jan 2018

Trade in Intermediate Goods: Implications for Productivity and Welfare in Korea

The paper find technical changes and the degree of inefficiency are related with the magnitude of multipliers, but we leave a fundamental identification problem to future research.

by Kim Gui | On 30 Jan 2018

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

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

by Arun Jaitley | On 30 Jan 2018

Anatomy of the Trade Collapse, Recovery, and Slowdown: Evidence from Korea

The paper says that the bilateral trade barriers between Korea and its important trading partners are universally tightening.

by Lee Sooyoung | On 29 Jan 2018

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

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

by Yoon Joon | On 24 Jan 2018

Arctic Council and Asian Initiatives

The paper also examines the Indian narrative on the Arctic and argues that it is important to monitor the evolving developments in the Arctic region.

by Vijay Sakhuja | On 24 Jan 2018

Regulating the Digital Economy: Are we Moving Towards a 'win‐ win' or a 'lose‐lose' ?

The digital economy has been growing by leaps and bounds in recent years, mostly as a result of new digital technologies that are promoting a global transformation to industry 4.0. The resulting expa...

by Padmashree Gehl Sampath | On 23 Jan 2018

China's Arctic Calculus and Iceland

The brief says that China has been proactive in intelligence gathering and has even installed signal and intelligence equipment in other countries.

by Vijay Sakhuja | On 23 Jan 2018

Securing India's Littorals in the Twenty-first Century: Issues and Challenges

The brief narrates that the twenty-first century marked paradigm shifts in the changing world order.

by W.Lawrence S.Prabhakar | On 22 Jan 2018

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

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

by K. V. Ramaswamy | On 16 Jan 2018

Inequality, Employment and Public Policy

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

by S.Mahendra Dev | On 16 Jan 2018

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

Informal Economy Budget Analysis in Pakistan and Ravi Town, Lahore

The papers says that the informal sector in developing countries seems not only to be growing but also contributing to economic growth and linked with the formal sector of the economy.

by Khawar Mumtaz | On 04 Jan 2018

An Evaluation of Domestic and Trade Policies in Building Environmental Services Capacity in Asia: Balancing Diverse Interests and Priorities

This paper provides an overview of the state of the environmental services sector in Asia, by focusing on the most significant segments of infrastructural services namely, water, sanitation and munici...

by Aparna Sawhney | On 01 Jan 2018

Opportunities and Risks of Liberalising Trade in Services in Pakistan

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

by Abid Burki | On 28 Dec 2017

How Regulation and Standards Can Support Social and Environmental Dynamics in Global Value Chains

This paper explores the policy measures that will best lead to the most positive outcomes as standards diffuse through global value chains.

by Raphael Kaplinsky | On 26 Dec 2017

Fuelling Trade in the Digital Era: The Global Landscape and Implications for Southeast Asia

The purpose of this paper is to propose specific ways in which developing countries can best fuel trade in the digital era.

by Kati Suominen | On 21 Dec 2017

Effects of Financial Market Imperfections on Indian Firms‘ Exporting Behavior

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

by Hiro Ito | On 21 Dec 2017

Prospects of India–Bangladesh Economic Cooperation: Implications for South Asian Regional Cooperation

In recent years, South Asia has received growing attention as a region that is integrating successfully into the global economy. To maximize the benefits in terms of faster growth and poverty reductio...

by Prabir De | On 19 Dec 2017

Philippine Telecommunications Laws and Regulations: A TPP Gap Analysis

This paper aims to promote competitive access for telecommunications providers.

by Krystal Uy | On 14 Dec 2017

Access To Medicines In The Philippines: Overcoming The Barriers

The study says that the said passage has led to the decline of medicine prices since 2009, primarily through the efforts of the Department of Health (DOH) to implement the law using measures on maximu...

by Ramon Clarete | On 12 Dec 2017

Impact of India's Demonetization on Domestic Agricultural Markets

This paper estimates the impact on domestic trade in agricultural commodities of India's demonetization exercise that invalidated 86% of the currency in circulation. Using data on arrivals and prices...

by Nidhi Aggarwal | On 10 Dec 2017

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

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

by Vaqar Ahmed | On 04 Dec 2017

India and Trade Facilitation in Services (TFS) Agreement: Concerns and Way Forward

Services are a major component of global gross domestic product and employment, and a rising component of global trade and investment flows. This is the largest sector of the Indian economy contributi...

by | On 30 Nov 2017

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

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

by Vaqar Ahmed | On 29 Nov 2017

India-Pakistan Trade: An Analysis of the Pharmaceutical Sector

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

by Manoj Pant | On 29 Nov 2017

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

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

by Shuangqi Wu | On 23 Nov 2017

Exploring the Trade– Urbanisation Nexus in Developing Economies: Evidence and Implications

Developing countries have seen a rapid rise in population urbanization in the past decades. At the same time, they have participated actively in the process of globalization. However, possible interli...

by | On 20 Nov 2017

Tariff Liberalization and Trade Specialization in India

Since the early 1990s, India has embarked on economic reforms that have progressively opened up the country to international trade. This paper analyzes the effects of reform on India’s trading struc...

by Michele Alessandrini | On 17 Nov 2017

India’s Emerging Connectivity with Southeast Asia: Progress and Prospects

Connectivity is the key building block of convergence and cohesion in any regional integration initiative. Development of connectivity across any region—especially of transportation linkages, energy p...

by | On 16 Nov 2017

Effects of Trade and Services Liberalization on Wage Inequality in India

We examine the effects of trade and services liberalization on wage inequality in India. We find that labor reallocations and wage shifts attributable to liberalization account for at most 29% of the...

by | On 14 Nov 2017

Price Discovery in some Primary Commodity Markets in India

With the onset of wide-ranging economic reforms in India in 1991, agents have been exposed to increased price risk in commodity markets. Futures markets are one important instrument for reducing price...

by Raushan Kumar | On 07 Nov 2017

Reduction of GHG Emissions and Attainment of Energy Security through Sustainable Production of Biofuels: Is it a Viable Option ?

This study is a part of Indo-US bilateral JCERDC project for Development of Sustainable Advanced Ligno-cellulosic Biofuels Systems (SALBS). We profusely thank our Director, Prof. S. Galab for his cons...

by M. Gopinath Reddy | On 27 Oct 2017

On Using Exchange Rate for Promoting Exports

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

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

Deepening Economic Cooperation between India and Sri Lanka

This study analyzes the India–Sri Lanka Free Trade Agreement (FTA) over the past decade. It is noted that bilateral trade between the countries has increased steadily and India became the most favored...

by Kavita Iyengar | On 13 Oct 2017

Trade Misinvoicing: What can we measure?

The existing studies on trade misinvoicing have focussed on the discrepancy in reported trade statistics between developing and developed countries. The estimates based on such methods rely on the ass...

by Suranjali Tandon | On 10 Oct 2017

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

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

by | On 09 Oct 2017

The Macroeconomic Benefits of Tax Enforcement in Pakistan

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

by Ethan Ilzetzki | On 04 Oct 2017

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

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

by S. Chandrasekhar | On 03 Oct 2017

The Effects of Energy Price Changes: Heterogeneous Welfare Impacts, Energy Poverty, and CO2 Emissions in Indonesia

The empirical context of our study is Indonesia, a country with a long tradition of regulating consumer energy prices and a recent change in subsidy policies, facilitated by dramatically falling oil p...

by Sebastian Renner | On 29 Sep 2017

East Asian Financial and Economic Development

Japan, an isolated, backward country in the 1860s, industrialized rapidly to become a major industrial power by the 1930s. South Korea, among the world’s poorest countries in the 1960s,joined the rank...

by Randall Morck | On 25 Sep 2017

Recent Changes in Measurement of India's GDP: Overall Issues and Some Focus on Agriculture

This paper discusses (a) changes in measurement in industry and services (b) changes made in agriculture sector and (c) major issues on the measurement of GDP in new series. There are long term or leg...

by S. Mahendra Dev | On 18 Sep 2017

Trade Potential of the Fishery Sector: Evidence from India

The contribution of fisheries sector to Indian merchandise trade and to world fishery trade is substantial. The items traded have gained reputation over the years which will help to keep the momentum...

by Veena Renjini K K | On 13 Sep 2017

State Intervention: A Gift or Threat to India’s Sugarcane Sector?

This paper examines the nature, changes and factors responsible for issues and problems faced by the sugarcane growers and sugar mills in India. This paper is based on the latest available secondary d...

by Abnave Vikas B. | On 12 Sep 2017

Economic Globalization and Income Inequality: Cross-country Empirical Evidence

This paper analyses the effect of economic globalization on income inequality in both cross-country and country-specific framework using panel data techniques and policy simulations. The sample compri...

by Sovna Mohanty | On 07 Sep 2017

Economic Integration and Development Partnerships: Southern Perspectives

Regional integration (RI) is a process by which countries enter into an agreement to upgrade cooperation through common institutions and rules. The objectives of the agreement could range from economi...

by Research and Information System for Developing Countries | On 24 Aug 2017

Price Distortions in Indian Agriculture

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

by Shweta Saini | On 23 Aug 2017

Taking it to the Bank: Gender Issues at the New Development Bank

BRICS is a hot topic today. It is the new “kid” or the next big thing in global governance and in macro economics today. Set up in 2009, in the aftermath of 2008 global financial crisis with four coun...

by Shubha Chacko | On 22 Aug 2017

Developments in Iran’s Agriculture Sector and Prospects for U.S. Trade

With one of the Middle East’s largest economies, a growing population, and rising incomes, Iran contributes significantly to the region’s agricultural commodity consumption. Iran’s rising food demand...

by Mesbah Motamed | On 18 Aug 2017

World Trade Statistical Review

The report provides a detailed analysis of the latest developments in world trade.

by World Trade Organisation WTO | On 17 Aug 2017

Transitioning Towards a Green Economy in Karnataka

This report focused on agriculture, buildings, industries, transport, and power supply – sectors that account for all the state’s energy requirement and over 70% of its Greenhouse Gas (GHG) emission...

by Center for Study of Science, Technology and Policy CSTEP | On 14 Aug 2017

International Trade and Productivity Growth: Evidence from the Organised Manufacturing Sector in India

The present study is an attempt to examine the impact of international trade on manufacturing productivity in India. The literature on international trade suggests that the productivity of domestic ma...

by R Rijesh | On 09 Aug 2017

Environment and Labour on the Trade Agenda: Lessons for India from the TPP Agreement

This paper undertakes an evaluation of the Labour and Environment chapters of the TPP Agreement, with a view to determining India’s stand if the same or similar provisions are proposed in multilateral...

by Anwarul Hoda | On 08 Aug 2017

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

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

by Arpita Mukherjee | On 08 Aug 2017

Report of the Working Group on Resolution Regime for Financial Institutions

The report narrates the recent global financial crisis demonstrated the shortcomings of the frameworks to handle the failure of large and systemically important financial institutions, also known as “...

by Reserve Bank of India RBI | On 08 Aug 2017

Corporate Leverage in EMEs: Has the Global Financial Crisis Changed the Determinants?

Has the global financial crisis changed the pivotal determinants of corporate leverage in EMEs? This paper attempts to address this issue using a panel-GMM framework and quantile-analysis for 10 maj...

by Snehal S. Herwadkar | On 04 Aug 2017

Trade in High Technology Products Trends and Policy Imperatives for BRICS

This paper examines the emerging strength of BRICS in hightechnology trade. We reviewed trends in high-technology trade primarily in BICS (excluding Russia). Given that China and India are leading e...

by | On 03 Aug 2017

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

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

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

Aid for Trade in Action

The case stories show clear results of how aid for trade programmes are helping developing countries to build human, institutional and infrastructure capacity to integrate into regional and global ma...

by World Trade Organisation WTO | On 02 Aug 2017

The WTO Agreements Series: Agriculture

The publication includes the Agriculture Agreement as well as the decisions taken on agriculture at the 2013 Bali Ministerial Conference and the 2015 Nairobi Ministerial Conference.

by World Trade Organisation WTO | On 02 Aug 2017

Rethinking Electricity Sector Reform in Developing Asia: Balancing Economic and Environmental Objectives

The OECD or ‘standard’ model of electricity sector reforms has been widely adopted in non-OECD Asian countries since the 1990s. However, despite two decades of attempts at reforms, no notable progress...

by Tooraj Jamasb | On 31 Jul 2017

Regional Comprehensive Economic Partnership Agreement: Need for a Strategy

RCEP member countries cover half the world population, 30 per cent of world GDP and a quarter of world trade. The regional grouping has several countries including China whose economies are among th...

by V Seshadri | On 31 Jul 2017

A Case for Institutional Demand as Effective Social Protection: Supporting Smallholders Through Procurement and Food Assistance Programmes

This paper focuses on the rationale for state-based market interventions to support smallholder production along with some case studies that follow the evolution and impact of what we call ‘institutio...

by Ryan Nehring | On 28 Jul 2017

Handbook on Assessment of Labour Provisons in Trade and Investment Arrangements

Labour provisions have become more commonplace in trade agreements and increasingly comprehensive in their scope. The Handbook provides practical information in a format geared towards non-specialist...

by International Organisation | On 28 Jul 2017

Fuel Blending in India: Learnings and Way Forward

The expert paper further estimates significant potential for an overall improvement in balance of trade with increased blending in the context of an expected recovery in global crude oil prices.

by Center for Study of Science, Technology and Policy CSTEP | On 27 Jul 2017

Asia Bond Monitor - June 2015

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

by Asian Development Bank Institute | On 24 Jul 2017

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

Business Models to Realize the Potential of Renewable Energy and Energy Efficiency in the Greater Mekong Subregion

The report provides outlines of business models relevant to pursuing the renewable energy and energy efficiency targets adopted by the five Greater Mekong Subregion countries: Cambodia, the Lao People...

by Asian Development Bank Institute | On 20 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

Local Currency Bonds and Infrastructure Finance in ASEAN+3

This study was undertaken under ABMI. It addresses two key questions: (i) Why is local currency bond financing not more widely used for infrastructure projects in ASEAN+3? and (ii) What can be done to...

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

Trade Facilitation for a More Inclusive and Connected Asia and Pacific Region: Progress and Way Forward

This study also describes trade facilitation projects that promote development through deepening regional cooperation and integration.

by Asian Development Bank Institute | On 14 Jul 2017

Aid for Trade in Asia and the Pacific: Promoting Connectivity for Inclusive Development

This report highlights emerging trends in AfT in the context of evolving trade performance in Asia and the Pacific.

by Asian Development Bank Institute | On 13 Jul 2017

Facilitating Foreign Exchange Risk Management for Bond Investments in ASEAN+3

The report says that the bond investors typically have a long position in local currency bond markets. To manage their foreign exchange risk, they may want to hedge that exposure for a period of time.

by Asian Development Bank Institute | On 12 Jul 2017

Asia Small and Medium-sized Enterprise (SME) Finance Monitor 2014

This publication reviews various country aspects of SME finance covering the banking sector, nonbank sector, and capital markets. It is expected to support evidence-based policy making and regulations...

by Asian Development Bank Institute | On 11 Jul 2017

Financial Soundness Indicators for Financial Sector Stability in Georgia

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

by Asian Development Bank Institute | On 07 Jul 2017

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

This report presents country-case studies for Bangladesh, Georgia, and Viet Nam focusing on growing evidences in the development of financial soundness indicators to effectively monitor the financial...

by Asian Development Bank Institute | On 06 Jul 2017

Asia Bond Monitor - September 2015

The publication reviews recent developments in East Asian local currency bond markets along with the outlook, risks, and policy options. This issue includes a special section on Sukuk (Islamic bonds)...

by Asian Development Bank Institute | On 06 Jul 2017

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

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

by Asian Development Bank Institute | On 04 Jul 2017

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

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

by Asian Development Bank Institute | On 04 Jul 2017

Asia Bond Monitor - November 2015

The report says that yields for 10-year local currency (LCY) government bonds in emerging East Asia were mostly down between 1 September and 31 October. Investor confidence was buoyed as financial mar...

by Asian Development Bank Institute | On 29 Jun 2017

Asian Economic Integration Report 2015: How Can Special Economic Zones Catalyze Economic Development?

The report is an annual review of Asia’s regional economic cooperation and integration. It covers the 48 regional members of the Asian Development Bank. This issue includes Special Chapter: How Can Sp...

by Asian Development Bank Institute | On 23 Jun 2017

Trade and Transport Facilitation Monitoring Mechanism: Baseline Study in Bangladesh

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

by Asian Development Bank Institute | On 12 Jun 2017

2015 Clean Energy Investments: Project Summaries

This report summarizes the investments in clean energy made by ADB in 2015, condensing information from project databases and formal reports in an easy-to-reference format. This report was prepared by...

by Asian Development Bank Institute | On 08 Jun 2017

Asia Bond Monitor - June 2016

The report says that the global economic environment also affects the region’s bond yields, emphasizing the importance of domestic macroeconomic stability and bond market resilience in the face of glo...

by Asian Development Bank Institute | On 06 Jun 2017

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

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

by Asian Development Bank Institute | On 02 Jun 2017

Myanmar Transport Sector Policy Note: How to Reduce Transport Costs

This report includes proposed measures for Myanmar’s road sector, rail sector, river transport, and policy measures, summarizing the costs and benefits of each, ranked by their benefit-to-cost-ratio.

by Asian Development Bank Institute | On 02 Jun 2017

Envisioning Tax Policy for Accelerated Development in India

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

by M. Govinda Rao | On 26 May 2017

Asia Bond Monitor - September 2016

The report notes that yields for 2-year and 10-year local currency government bonds in emerging East Asia were mostly lower between 1 June and 15 August and stock markets in the region recorded gains...

by Asian Development Bank Institute | On 23 May 2017

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

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

by Asian Development Bank Institute | On 22 May 2017

Probabilistic Patents, Alternative Damage Rules and Optimal Trade Policy

This paper analyzes interdependencies between optimal trade policy and 'preferred' liability doctrine to assess infringement damages, when intellectual property rights are probabilistic, in a model of...

by Apurva Dey | On 16 May 2017

Asia Bond Monitor - November 2016

This issue of the Asia Bond Monitor includes Local currency (LCY) government bond yields in advancedeconomies and emerging East Asia climbed between 31 October and 18 November due to increased concern...

by Asian Development Bank Institute | On 11 May 2017

Asian Development Outlook Supplement: Asia's Economies Steady Despite Global Uncertainty

The outlook for developing Asia remains broadly as forecast in Asian Development Outlook 2016 Update. Despite an extraordinary and temporary growth dip affecting one of the region’s largest economies,...

by Asian Development Bank Institute | On 10 May 2017

Asia Bond Monitor - March 2017

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

by Asian Development Bank Institute | On 05 May 2017

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

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

by Nidhi Aggarwal | On 02 May 2017

The Puzzle of Indian Urbanisation

This paper uses simultaneous equations error component three-stage least squares (EC3SLS) panel data technique to find out both the direct as well as the indirect impact of trade, industrial dissimi...

by Pronab Sen | On 17 Apr 2017

Odisha Agriculture Budget : 2017-18

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

by Pradip Kumar Amat | On 01 Mar 2017

Economic Survey 2016-17

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

by Arun Jaitley | On 31 Jan 2017

Cost of Controlling Water Pollution and its Impact on Industrial Efficiency

This paper estimates the cost of effluent discharge regulations for firms located in the lower Kelani River catchment in Sri Lanka. The river provides water for many economic purposes including drin...

by Asha Gunawardena | On 23 Dec 2016

The State of India's Pulses Sector

Pulses in India have recently become a topic of concern among policymakers. Members of the Opposition, for instance, have pointed to the 'exceptionally high' cost of certain pulses as an indication of...

by | On 15 Dec 2016

Identity, Household Work, and Subjective Well-Being among Rural Women in Bangladesh

Despite increases in women’s employment, significant gender disparity exists in the time men and women spend on household and care work. Understanding how social expectations govern gender roles and c...

by Greg Seymour | On 15 Dec 2016

Inflation in Pakistan: Money or Oil Prices

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

by Mehak Moazam | On 07 Dec 2016

Craft Clusters and Work in Rural India: An Exploration

With the farm sector continuing with unimpressive performance in terms of the growth of value of output, agricultural infrastructure and also sustained massive rise in the landless agricultural labo...

by Keshab Das | On 28 Nov 2016

Poverty Impacts of Agricultural Trade Reforms

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

by United Nations Environment Programme UNEP | On 24 Nov 2016

Rethinking Poverty: Report on the World Social Situation 2010

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

by United Nations (UN) | On 17 Nov 2016

A Stagnant Agriculture in Kerala: The Role of the State

The paper shows that disincentives generated by the successive governments in Kerala through imposing artificial barriers on the freedom of farmers and agricultural entrepreneurs resulted in the coll...

by Lekshmi R Nair | On 08 Nov 2016

Trade Liberalization and Child Labor in China

This paper exploits a quasi-natural experiment the U.S. Granting of Permanent Normal Trade Relations (PNTR) to China after China’s accession to the World Trade Organization – to examine whether t...

by Liqiu Zhao | On 03 Nov 2016

Costs and Benefits of Urbanization: The Indian Case

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

by Kala Seetharam Sridhar | On 28 Oct 2016

Laws and Institutions Relating to Environmental Protection in India

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

by U. Sankar | On 28 Oct 2016

Trade Shocks and the Provision of Local Public Goods

We analyze the impact of trade-induced income shocks on the size of local government, and the provision of public services. Areas in the US with declining labor demand and incomes due to increasing im...

by | On 10 Oct 2016

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

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

by Hina Nazli | On 10 Oct 2016

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

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

by Ronny Thomas | On 03 Oct 2016

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

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

by Sunder Ramaswamy | On 29 Sep 2016

India-Pakistan Bilateral Trade: Past, Present and Future

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

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

The Worldwide Shift of FDI to Services- How does it Impact Asia? New Evidence from Seventeen Asian Economies

The productivity spillovers of industry-level FDI on both, the sector of manufacturing and the sector of services, in seventeen South and East Asian economies. Using a dynamic panel GMM methodology,...

by Nadia Doytch | On 29 Sep 2016

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

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

by Satish Y Deodhar | On 23 Sep 2016

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

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

by Barney Glaser | On 22 Sep 2016

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

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

by Howard Bodenhorn | On 22 Sep 2016

Agricultural Prices and Food Policy

Supply-demand imbalance at a given time is the main problem in India. Not much can be done with demand, as increase and shifting patterns in demand are normal with economic growth and urbanisation. St...

by C S C Sekhar | On 20 Sep 2016

Making Pulses Affordable Again: Policy Options from the Farm to Retail in India

Rising prices and declining consumption of pulses cause concern in terms of both nutrition and food inflation in India. This paper outlines policy strategies to increase the availability of pulses at...

by P.K. Joshi | On 16 Sep 2016

ICT Investments and Growth of Small and Medium Firms: A Study of Food Processing Industry in India

The objective of the present study is to examine the effect of ICT investments on the sales growth of SMEs from the food processing industry in India. Secondary data is collected from the Prowess d...

by Navyashree G. R. | On 08 Sep 2016

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

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

by Deepthi Mary Mathew | On 07 Sep 2016

Prospects and Challenges of Out-Migration from South Asia and its Neighbouring Countries

This paper analyses the trends, nature and extent of out-migration from South Asia and its neighbouring countries like Afghanistan and Iran and examines the economic implications in both sending and r...

by | On 06 Sep 2016

How Can India Help Prevent Food Price Volatility?

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

by M. S. Swaminathan | On 02 Sep 2016

Call to Action: Hunger, Under-Nutrition and Food Security in India

This policy brief presents to parliamentarians and other policy makers, to examine the hunger, undernutrition and food security situation prevailing in India. It advances the need to undertake effecti...

by N.C. Saxena | On 31 Aug 2016

Potential Effects of the Regional Comprehensive Economic Partnership on the Philippine Economy

Using a global computable general equilibrium model, the paper analyzes the potential effects of Regional Comprehensive Economic Partnership (RCEP) on the Philippine economy. The analysis involves an...

by | On 30 Aug 2016

How does Supply Chain Distortion affect Food Inflation in India?

During the recent episode of persistently high food inflation in India, the role of rent seeking activities of food suppliers emerged as the centre of debate in the country. The rent seeking activitie...

by Rudrani Bhattacharya | On 29 Aug 2016

ABCD of MSME Credit

According to MSME Ministry’s Annual Report for 2015-16, MSME sector in India today is a network of 51 million enterprises providing employment to 117.1 million persons and contributing 37.5 per cent...

by S.S. Mundra | On 29 Aug 2016

Food Security and Agricultural Development in Times of High Commodity Prices

Efforts to promote food security must distinguish between short-term and medium-term measures, but also between countries with agricultural potential and without such potential, argues this paper. Fur...

by | On 24 Aug 2016

Trends and Patterns in the Triple Burden of Malnutrition in India

This paper brings together recent evidence on what has come to be referred to as the triple burden of malnutrition—consisting of overnutrition, undernutriton, and micronutrient deficiencies—using va...

by Meenakshi J V | On 19 Aug 2016

Diversity in Donorship: The Changing Landscape of Official Humanitarian Aid

The lead agency in India’s assistance strategy is the Ministry of External Affairs (MEA). The MEA is directly responsible for assistance to Bhutan, Nepal and Afghanistan, and advises the Department of...

by | On 19 Aug 2016

Estimation of the Food Poverty Line

To monitor changes in absolute poverty across time, it is crucial to ensure that the established poverty line is a fixed standard of living that represents the minimum standard required by an individu...

by Jose Ramon Alber | On 17 Aug 2016

Revisiting RP's Hybrid Rice Program

The United Nations General Assembly declared 2004 the International Year of the Rice (IYR). The IYR is a venue to promote improved production and development of sustainable rice-based systems that wil...

by Philippine Institute for Development Studies | On 16 Aug 2016

The State of Food and Agriculture: Social Protection and Agriculture: Breaking the Cycle of Rural Poverty

This edition of The State of Food and Agriculture 2015 reviews the effectiveness of social protection interventions in reducing poverty, raising food consumption, relieving household food insecurity a...

by Food and Agricultural Organization [FAO] | On 16 Aug 2016

An Introduction to the Basic Concepts of Food Security

Food security exists when all people, at all times, have physical and economic access to sufficient safe and nutritious food that meets their dietary needs and food preferences for an active and healt...

by Food and Agricultural Organization [FAO] | On 16 Aug 2016

Trade Liberalization and Regional Dynamics

We study the evolution of trade liberalization’s effects on local labor markets, following Brazil’s early 1990s trade liberalization. Regions that initially specialized in industries facing larger t...

by Rafael Dix-Carneiro | On 16 Aug 2016

Level versus Variability Trade-Offs in Wind and Solar Generation Investments: The Case of California

Hourly plant-level wind and solar generation output and real-time price data for one year from the California ISO control area is used to estimate the vector of means and the contemporaneous covarianc...

by | On 12 Aug 2016

Productivity of Agricultural Credit in India: Assessing the Recent Role of Institutional Credit to Agriculture in India using State Level Data

the study has been able to highlight the increasing role that agriculture credit is playing in supporting agriculture production in recent times- credit accounted for 16% of the total value of paid...

by Sudha Narayanan | On 10 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

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

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

by Jarilkasin Ilyasov | On 08 Aug 2016

Informality in South Asia: A Review

Labour markets in South Asia have been characterized as dualistic, with a relatively small, well-protected formal sector and a large unprotected informal sector. Indeed, the formal workforce is very s...

by | On 29 Jul 2016

Fire-Sale Externalities

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

by Eduardo Dávila | On 29 Jul 2016

Review of Agri-Food Value Chain Interventions Aimed at Enhancing Consumption of Nutritious Food by the Poor: Pakistan

How can agriculture play a more effective role in improving nutrition in countries with a high burden of hidden hunger and where an increasing proportion of the poor sources its food from the market?...

by | On 27 Jul 2016

Business as Usual: Responses within ASEAN to the Food Crisis

The United Nations estimates that the number of people worldwide who suffer from chronic food shortages might now exceed one billion. That skyrocketing prices of food in general, and...

by Randall Arnst | On 22 Jul 2016

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

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

by | On 14 Jul 2016

India’s Informal Trade with Pakistan

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

by Nisha Taneja | On 13 Jul 2016

Women’s Economic Empowerment and Inclusive Growth: Labour Markets and Enterprise Development

This paper view to locating the growing concern with women’s economic empowerment within its growth research programmes. Inclusive growth, as defined by IDRC, is growth which ensures opportunities fo...

by Naila Kabeer | On 13 Jul 2016

Conflicts in the South China Sea and China ASEAN Economic Interdependence: A Challenge to Cooperation

This paper analyzes the absence of correlation between China-ASEAN economic interdependence and dispute settlement in the South China Sea, against liberals’ prediction. It argues that there are a few...

by | On 13 Jul 2016

Rising Food Prices in South Asia: A Policy Framework to Mitigate Adverse Effects

The recent commodity boom has seriously affected South Asia, particularly due to higher food prices and their impact on the welfare of poor and vulnerable populations. This paper describes the food cr...

by S.Mahendra Dev | On 12 Jul 2016

Labour Law and Governance Reforms in India: A Partial and Misguided View of Employment Relations

Labour regulation in India has engaged the attention of not only policy makers but also social actors, researchers and practioners. Policy measures have started rolling out from the state governments...

by Shyam Sundar | On 11 Jul 2016

India –Pakistan Trade: Textiles and Clothing

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

by Nisha Taneja | On 11 Jul 2016

Valuing Air Quality Using Happiness Data: The Case of China

This paper estimates the monetary value of cutting PM2.5, a dominant source of air pollution in China. By matching hedonic happiness in a nationally representative survey with daily air quality data a...

by Xin Zhang | On 30 Jun 2016

Perspectives on the Investigation, Prosecution and Prevention of Art Crime in Asia

Many art crimes exist in Asia, where looting and trafficking of regional artefacts have developed extensively in contemporary times. The sophisticated methods of looters and middlemen, the highly effi...

by Stefan Gruber | On 30 Jun 2016

Ad(d)venture with Knowledge: Stepping ahead with Intellectual Property Rights

Human society has witnessed adventure with knowledge resulting in scientific understanding of the secrets of nature and converting them into technological innovations resulting in metamorphosis of...

by Prabuddha Ganguli | On 30 Jun 2016

Global Commodity Prices and Inflation in a Small Open Economy

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

by Muhammad Nadim Hanif | On 30 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

Food Security Challenges in Asia

The problems of food security and agriculture should be viewed within the context of the broader structural transformation as Asia becomes increasingly urban and nonagricultural. This paper aims to re...

by Asian Bank | On 23 Jun 2016

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

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

by Jaimini Bhagwati | On 22 Jun 2016

Farms, Families, and Markets: New Evidence on the Completeness of Markets in Agricultural Settings

The farm household model has played a central role in improving the understanding of small-scale agricultural households and non-farm enterprises. Under the assumptions that all current and future mar...

by Daniel LaFave | On 17 Jun 2016

The Revival of the Silk Roads (Land Connectivity) in Asia

This paper argues that contrary to popular belief, in the bygone era, there was not one but two Silk Roads in Asia – the Northern and the less well-known South-western Silk Road (SSR). The SSR connect...

by | On 10 Jun 2016

Contracting by Small Farmers in Commodities with Export Potential: Assessing Farm Profits of Lentil Growers in Nepal

This study is undertaken to quantify the benefits of contract farming (CF) on farmers’ income in a case where new market opportunities are emerging for smallholder farmers in Nepal. CF is...

by Anjani Kumar | On 07 Jun 2016

Global Action on Climate Change in Agriculture: Linkages to Food Security, Markets and Trade Policies in Developing Countries

The objective of this report is to catalyse thinking about the ways in which agriculture – which has a vital role in global food security, development and natural resources use – can and must be fully...

by Aziz Elbehri | On 06 Jun 2016

Global Commodity Prices and Inflation in a Small Open Economy

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

by Muhammad Nadim Hanif | On 06 Jun 2016

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

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

by Gorky Chakraborty | On 06 Jun 2016

The Tradeoffs between GHGs Emissions, Income Inequality and Productivity

Rising emission of greenhouse gasses (GHGs) and growing economic inequalities have emerged as key challenges for policymakers over the past two decades and the problems are likely to intensify in th...

by Unmesh Patnaik | On 03 Jun 2016

Intellectual Property Rights and Preferential Trade Agreements: Data, Ceoncepts and Research Avenues

Today, more than half of international trade is regulated through preferential trade agreements (PTAs). While in the past, these agreements served as tools to eliminate further tariffs between the pa...

by | On 01 Jun 2016

Height and Cognition at Work: Labor Market Productivity in a Low Income Setting

This paper evaluates the relative importance of these mechanisms that potentially underly the link between adult stature and labor market productivity. Drawing on twelve waves of longitudinal survey...

by Daniel LaFave | On 31 May 2016

Indicators for Monitoring the Millennium Development Goals

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

by United Nations (UN) | On 27 May 2016

Charcoal Supply Chains from Mabalane to Maputo: Who Benefits?

Charcoal is the main cooking energy source for people living in Maputo city. It is also a crucial source of income for rural producers in Mabalane district, a key supplier of Maputo’s charcoal. But Ma...

by Sophia Baumert | On 25 May 2016

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

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

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

Discussion Paper on Standard Essential Patents and their Availability on FRAND Terms

This paper aims to sensitize the stakeholders, concerned organization and citizens towards need and importance of regulating SEPs as well as facilitating their availability at Fair, Reasonable and N...

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

Biodiversity and Sustainable Development

The present publication reinforces the importance of biodiversity, particularly in the context of sustainable development. It attempts to give an overview of the issue, by analysing the main thematic...

by | On 18 May 2016

The Trade Marks Act, 1999

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

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

Agricultural Outlook and Situation Analysis Reports: Rabi Outlook Report January 2016

Accordingly, the agricultural outlook and situation analysis undertaken in this study refers to the main crop based food items: cereals (specifically rice, wheat, jowar, bajra, maize and overall coars...

by Rajesh Chadha | On 09 May 2016

India Policy Forum 2014 - 2015

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

by Shekhar Shah | On 09 May 2016

Quality Control in Non-Staple Food Markets: Evidence from India

Using original data collected about growers, traders, processors, markets, and village communities, the situation in four states – Tamil Nadu, Uttar Pradesh, Maharashtra, and Orissa is compared. The w...

by Marcel Fafchamps | On 06 May 2016

Incentives and Outcomes: China's Environmetal Policy

Using 2000-2009 data, the report finds that, while spending on environmental infrastructure has visible positive environmental impact, city spending is strongly tilted towards transportation infrastru...

by | On 04 May 2016

Margin Requirements for Non-Centrally Cleared Derivatives

Derivatives are an integral risk management tool for business entities and financial institutions. However, derivatives markets can also lead to excessive and opaque risk taking which may result in sy...

by Reserve Bank of India RBI | On 03 May 2016

Foreign Exchange Markets, Intervention and Exchange Rate Regimes

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

by Ashima Goyal | On 02 May 2016

Welfare Ranking of Alternative Export Tariffs Revisited

This paper revisits the welfare ranking of tariff revenue maximizing export tariff and welfare maximizing export tariff in an imperfectly substitutable network goods oligopoly. The results are often s...

by Anomita 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

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

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

by K.V. Ramaswamy | On 02 May 2016

West Bengal: Economic Review

This report has been prepared by the West Bengal Chamber of Commerce. It includes data on various sectors including but not limited to: Employment, Industry, Agriculture, Power and Trade.

by Chamber of Commerce | On 27 Apr 2016

Joint Recommendation Concerning Provisions on the Protection of Marks, and Other Industrial Property Rights in Signs, on the Internet

The provisions aim at providing a clear legal framework for trademark owners who wish to use their marks on the Internet and to participate in the development of electronic commerce. They are intended...

by WIPO WORLD INTELLECTUAL PROPERTY ORGANIZATION. | On 26 Apr 2016

Draft Designs (Amendment) Rules, 2013

India's Design Act, 2000 was enacted to consolidate and amend the law relating to protection of design and to comply with the articles 25 and 26 of TRIPS agreement. The new act, (earlier Patent and De...

by Ministry of Commerce and Industry GOI | On 26 Apr 2016

Maritime Failures

India's trade infrastructure is in a bad shape. India's imports are very high than its exports. The government has promised some investments and policies in this sector.

by T.N. Ninan | On 16 Apr 2016

Study on Copyright Piracy in India

Worldwide it is recognized that copyright piracy is a serious crime which not only adversely affects the creative potential of the society by denying the creators their legitimate dues, it also causes...

by Ministry of Human Resource Development, GOI | On 12 Apr 2016

International Food Security Assessment, 2015-2025

Food security in the 76 low- and middle-income countries included in this report is expected to improve between 2014 and 2015. These countries are low- and middle-income countries as classified by the...

by Anthony Murray | On 12 Apr 2016

Report of the Commission on Farmers’ Welfare, Government of Andhra Pradesh

Agriculture in Andhra Pradesh is in an advanced stage of crisis. While this is a generalised rural crisis, the burden has fallen disproportionately on small and marginal farmers, tenant farmers and ru...

by Government Andhra Pradesh | On 12 Apr 2016

Moderating Growth and Structural Change in the People’s Republic of China: Implications for Developing Asia and Beyond

A gradual moderation in growth is currently underway in the People’s Republic of China (PRC). This is the result of a combination of factors, including a shrinking working-age population, the natural...

by | On 06 Apr 2016

Global Food Policy Report 2016

IFPRI’s Flagship Report puts into perspective the major food policy issues, developments, and decisions of 2015 and highlights challenges and opportunities for 2016. This year’s report takes an in-dep...

by International Food Policy Research Institute | On 04 Apr 2016

Hong Kong Budget Speech 2016

Speech by the Financial Secretary.

by Hon John C Tsang | On 28 Mar 2016

How the Collapse of ‘Chimerica’ Will Affect South Asia

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

by Shahid Javed Burki | On 28 Mar 2016

India-APEC Products Trade: Importance of Trade in Intermediate Products and the Challenges Ahead

India’s principal trade partners are countries/economies in the Asia-Pacific Economic Cooperation (APEC) region, and over the last decade the share of APEC in India’s trade has been growing. Specifica...

by Deeparghya Mukherjee | On 28 Mar 2016

Impact of the People’s Republic of China’s Growth Slowdown on Emerging Asia: A General Equilibrium Analysis

As an important global and regional economic power, the PRC’s growth slowdown may cause large spillover effects to its neighboring economies. Using a multi-sectoral global computable general equilibri...

by Fan Zhai | On 22 Mar 2016

Structural Change, Economic Growth and Trade: Case for Regional Reallocation of Investment in India

The economic structure and rates of growth across the states in India are markedly different, with significant disparities in income per capita growth as well as sector-specific performance. The high-...

by Alokesh Barua | On 21 Mar 2016

Budget Speech Odisha Part II: 2016-17

Part II of the Budget speech of the finance minister.

by Pradip Kumar Amat | On 21 Mar 2016

Performing Modernity Musicophilia in Bombay/Mumbai

This paper outlines the place of Hindustani art music in the metropolis of Bombay/Mumbai, and its role in the fashioning of public spaces from the late 19th century to the 1960s. This music began to t...

by Tejaswini Niranjana | On 21 Mar 2016

India-Bangladesh Relations: Moving towards Friendship

India-Bangladesh relations are advancing rapidly in recent times. There are of course some impediments such as non-tariff barriers (NTBs) in trade, and the Teesta water-sharing dispute that need to be...

by Chandrani Sarma | On 21 Mar 2016

Rural Diversification: What Hope for the Poor?

This short paper considers the poverty impacts of livelihood diversification and the potential challenges of creating a pro-poor rural non-farm economy (RNFE). Rural diversification can be defined as...

by Daniel Start | On 20 Mar 2016

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

Aid for Trade (AfT) flows have increased each year since 2006 in the region. And while regional aggregate trade costs continue to fall, many subregions continue to struggle with trade costs that are s...

by Asian Development Bank Institute | On 17 Mar 2016

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

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

by Alokesh Barua | On 16 Mar 2016

On Wage Inequality, Trade and Technology: Theory and Empirics

This paper is intended to contribute in the analysis of the movements of real wages of skilled and unskilled labour in Indian manufacturing over the last two decades and thereby trying to provide plau...

by Alokesh Barua | On 15 Mar 2016

Implementation of the ASEAN +3 Multi - Currency Bond Issuance Framework

ABMI aims to develop efficient and liquid bond markets in Asia, which would enable better utilization of Asian savings for Asian investments. ABMI can also contribute to the mitigation of currency and...

by Asian Development Bank Institute | On 15 Mar 2016

Women at Work Trends 2016

Over the last two decades, women’s significant progress in educational achievements has not translated into a comparable improvement in their position at work. In many regions in the world, in compari...

by International Labour Organization [ILO] | On 15 Mar 2016

Porous Borders The Study of Illegal Markets from a Sociological Perspective

State concerns about crime and security issues have strongly affected conceptions of economic action outside the law, a traditional field of research in sociology. This increasing encroachment by poli...

by Matías Dewey | On 14 Mar 2016

Illegal Markets Boundaries and Interfaces between Legality and Illegality

In sociology generally, the infringement of legal norms is not treated as a special kind of norm violation, the sociology of law being an obvious exception. The study of illegal markets therefore face...

by Renate Mayntz | On 14 Mar 2016

Global Spillovers and Monetary Policy Transmission in India

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

by Michael Debabrata Patra | On 14 Mar 2016

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

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

by Roehlano M. Briones | On 14 Mar 2016

Towards Rules of the Monetary Game

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

by Raghuram G. Rajan | On 14 Mar 2016

The South China Sea: Challenge for ASEAN

ASEAN plays a proactive role in regard to dispute management in the South China Sea. In spite of this, it is argued here that the Association must overcome problems of internal cohesion to find a unif...

by Ramses Amer | On 12 Mar 2016

The Limits of Russia's "Pivot to Asia"

Forging closer economic and strategic ties with East Asia constitutes a rebalancing act in Moscow’s attempts to diversify its markets and counter its increased isolation in the wake of the Ukraine cri...

by | On 11 Mar 2016

Biofuel Feedstock Cultivation in India: Implications for Food Security and Rural Livelihoods

Biofuels are acquiring importance due to their potential to mitigate greenhouse gas emissions. The two most important biofuels – viz., bioethanol and bio-diesel, are largely considered supplementary t...

by K.S. Kavi Kumar | 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

Breaking the Deadlock: Security Building on the Korean Peninsula

Economic aid has failed to induce North Korea to denuclearize. Instead, reducing tensions and addressing mutual security concerns is the only way to break the stalemate in denuclearization negotiation...

by | On 10 Mar 2016

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

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

by Sartaj Rather | On 10 Mar 2016

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

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

by Rizwana Siddiqui | On 10 Mar 2016

In Search of a Better Match: Qualification Mismatches in Developing Asia

This paper empirically tests the role of search frictions in driving qualification mismatches in the labor market. Using new data from several low-income economies in urban Asia we find that overeduca...

by Kenn Chua | On 10 Mar 2016

Skills and Politics: General and Specific

Skills and skill formation have become central topics in contemporary political economy. This essay traces a key concept in current debates – the distinction between general and specific skills – back...

by | On 09 Mar 2016

Where Do Prices Come From? Sociological Approaches to Price Formation

The article provides an overview of the state of the art of sociological research on price formation. The dominant trait of the sociological approach to prices is to understand price formation not as...

by Jens Beckert | On 09 Mar 2016

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 | On 09 Mar 2016

Information Frictions and Adverse Selection: Policy Interventions in Health Insurance Markets

This paper develops and implements a general framework to study insurance market equilibrium and evaluate policy interventions in the presence of choice frictions. Friction-reducing policies can incre...

by Benjamin R. Handel | On 09 Mar 2016

The Evolution of Gender Gaps in Industrialized Countries

Women in developed economies have made major inroads in labor markets throughout the past century, but remaining gender differences in pay and employment seem remarkably persistent. This paper documen...

by Claudia Olivetti | On 09 Mar 2016

Energy Security in Northeast Asia: Putin, Progress and Problems

This article intends to bring to light the energy security concept in the region, while analyzing how this multilateral cooperative energy scheme can contribute to building a new regional economic sec...

by Se Hyun Ahn | On 09 Mar 2016

Report of the Committee on High Trade Margins in Sale of Drugs

In order to examine specific cases of high trade margins, the high-level committee lists out recommendations to address the issue. In this regard, the recommendations aim to significantly bring down p...

by Pharmaceuticals Department of | On 09 Mar 2016

Who Cares about Financialization? Explaining the Decline in Political Salience of Active Markets for Corporate Control

Why is unprecedented financialization failing to provoke a strong political backlash? The role of financial markets, motives, actors, and institutions has expanded continuously in recent decades, but...

by | On 08 Mar 2016

Is There a Closure Penalty? Cohesive Network Structures, Diversity, and Gender Inequalities in Career Advancement

That social capital matters is an established fact in the social sciences. How different forms of social capital affect gender disadvantages in career advancement is less clear, however. Qualitative r...

by | On 08 Mar 2016

The Asian Infrastructure Investment Bank: What Can It Learn From, and Perhaps Teach To, the Multilateral Development Banks?

A striking phenomenon of recent global economic change is the emergence of new development actors, with alternative development experiences and development financing capacity. These actors are now cre...

by Stephany Griffith-Jones | On 08 Mar 2016

Maritime Predations in Southeast Asia: Three Case Studies

While piracy in Southeast Asia has been addressed better over time, maritime predations continue to occur in the region. These predations, on small traders and maritime communities, afflict these grou...

by S. Rajaratnam International Studies | On 05 Mar 2016

Transnational Organised Crime and its Ever¬- growing Threat

The United Nations, in its new report The Globalization of Crime, underscored the urgency of combating organised crime. The report examines major trafficking flows of drugs, firearms, counterfeit pro...

by S. Rajaratnam International Studies | On 04 Mar 2016

Bihar Budget Analysis 2016-17

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

by Arvind Gayam | On 03 Mar 2016

New Institutional Developments In ASEAN: Towards A More Effective (Genuine) Security Architecture?

The recent establishment of the ASEAN Defence Ministers’ Meeting-Plus (ADMM-Plus) as an integral part of the ADMM, a forum created in 2006 as a means of fostering defence and security dialogue and coo...

by | On 02 Mar 2016

Impact of China Slowdown on India

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

by Geetima Das Krishna | On 02 Mar 2016

Enhancing GCC¬ASEAN Relations via Non- ¬traditional Security

The past decade has seen economic links between the Gulf Arab region and Southeast Asia increase considerably – from just USD20 billion in 2002 to about USD100 billion in 2010. Notable factors driving...

by S. Rajaratnam International Studies | On 01 Mar 2016

Liberalization, Globalization And The Dynamics Of Democracy In India

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

by D M NACHANE | On 01 Mar 2016

Developments in education in Palanpur, a village in Uttar Pradesh

This paper examines developments in literacy and education in Palanpur. We consider schooling facilities and other related services available in this village and its neighbourhood. Schooling levels ar...

by Ruth Kattumuri | On 01 Mar 2016

Railroads of the Raj: Estimating the Impact of Transportation Infrastructure

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

by Dave Donaldson | On 29 Feb 2016

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

Keeping Land Local: Reclaiming Governance from the Market

Land struggles in countries like Cambodia, Myanmar, Philippines

by Focus on the Global South FGS | On 29 Feb 2016

Impact of the ASEAN Economic Community on ASEAN Production Networks

Empirical evidence suggests that the emergence of international production networks in East Asia results from market-driven forces such as vertical specialization and higher production costs in the ho...

by Kornkarun Cheewatrakoolpong | On 29 Feb 2016

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

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

by K.C. Fung | On 29 Feb 2016

Asia-Pacific Migration Report 2015 Migrants' Contributions to Development

The Report assesses the development impacts of migrants in the countries of the Asia-Pacific region and provides guidance on the steps countries, regional organizations, civil society actors and other...

by United Nations Economic and Social Commission (UNESCAP) | On 29 Feb 2016

Alternative Opportunities to Cut through the Haze

The intensity of the recent haze came as a shock to many in Singapore, as the pollutant standards index (PSI) went beyond the level considered hazardous. The economic and health impacts from this ep...

by Sofiah Jamil | On 27 Feb 2016

Post¬Arab Spring: Political transitions in retreat?

A recent cover of the Economist magazine asked: ‘Has the Arab Spring failed?’ More questions along this line will certainly come as the international community follows closely the political developm...

by Mely Caballero-Anthony | On 27 Feb 2016

'Stock’ solution to regional food security: Which way forward?

Consumption patterns in Southeast Asia are changing rapidly. As the region becomes more affluent, demand for protein and wheat is expected to increase. Such shifts may leave countries with no choice...

by Belinda Chng | On 27 Feb 2016

Perspectives for Climate Diplomacy in Southeast Asia

Southeast Asia is a region highly vulnerable to near and long-term climatic changes. In order to jointly address emerging climate risks and to complement multilateral negotiations through enhanced reg...

by S. Rajaratnam International Studies | On 27 Feb 2016

Rising Milk Price – A Cause for Concern on Food Security

Continuous rise in food prices has been posing a serious policy challenge in India. Milk is a major contributor to the food price rise due to its high growth in demand in the domestic and internationa...

by S. Rajeshwaran | On 27 Feb 2016

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

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

by Madalasa Venkataraman | On 27 Feb 2016

Financing of Urban Local Bodies in India

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

by Charan Singh | On 27 Feb 2016

Money, Output and Prices in India

The dynamics of the monetary system is undergoing significant changes in India. The entire concept and flow of money; narrow, broad or base, is being influenced by measures related to financial inclus...

by Charan Singh | On 27 Feb 2016

Retesting the estimation of a utility-based asset pricing model using normal mixture GARCH (1, 1)

The main purpose of this paper is to derive the process of estimating dynamic RRA with the maximum likelihood and a Bayesian method having a weakly informative prior density while assuming that the lo...

by Rohit Gupta | 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

Workshop Report on “Energy and Non-Traditional Security”

From the Subregional Workshop on Energy Security and Non-Traditional Security Singapore 27 – 29 August 2008, Grand Copthorne Waterfront Hotel. The workshop on Energy and Non-Traditional Security (NTS)...

by | On 26 Feb 2016

Social Innovation: A Guide to Achieving Corporate and Societal Value

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

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

Mapping the Discipline of the Olympic Games An AuthorCocitation Analysis

An established method for identifying the different components of a discipline is author cocitation analysis (ACA). ACA is a bibiometric technique that enables a map of the discipline, over a finite t...

by Peter Warning | On 25 Feb 2016

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

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

by Roehlano M. Briones | On 25 Feb 2016

National Treatment on Internal Taxation: Revisiting GATT Article III:2

The principle of non-discrimination which comprises national treatment and most-favored-nation (MFN) treatment is an important pillar of the multilateral trading system. The World Trade Organization (...

by Sherzod Shadikhodjaev | On 25 Feb 2016

Challenges in Health Services Trade: Philippine Case

There is a growing emphasis on the role of trade in health services (telehealth, health tourism and retirement, investments and deployment of medical professionals) in easing fiscal constraints, gener...

by Maria Cherry Rodolfo | On 25 Feb 2016

Biosafety Protocol, International Trade and Agricultural Biotechnology: Policy Inferences for India

The growing development in and possibly greater diffusion of biotechnology products have further accentuated the intensity of trade restrictions on the entry of these goods in countries like EU, Japan...

by Sachin Chaturvedi | On 25 Feb 2016

Trade Policy at the Cross-Roads

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

by Bill Carmichael | On 25 Feb 2016

Trade Liberalization under New Realities

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

by Syed Ali | On 25 Feb 2016

The Political Economy of Trade Policy in Indonesia

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

by M. Basri | On 25 Feb 2016

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

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

by Abid Burki | On 24 Feb 2016

Integration and Trade Specialization in East Asia

The 1990s saw East Asia becoming more integrated as trade barriers fell, trade intensity and intra-industry trade increased, and production networks formed. This greater integration has resulted in ch...

by Yose Damuri | On 24 Feb 2016

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

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

by Ramgopal Agarwala | On 24 Feb 2016

Recent Trends in China’s Trade

Who would have thought thirty years ago China could become one of the world’s most influential trading nations? At that time the Chinese government was reluctant to open up its door for foreigners and...

by Alice Wang | On 24 Feb 2016

Improving the Business Climate in NTT: The Case of Agriculture Trade in West Timor

Efforts to improve the business climate in East Nusa Tenggara (NTT) Province are still facing significant obstacles. Moreover, a healthy business climate is needed to create conditions conducive to ha...

by Widjajanti Suharyo | On 24 Feb 2016

Asean-China Trade Relations :15 Years of Development and Prospects",The Gioi Publishers,2008 Recent Development of China-ASEAN Trade and Economic Relations: From Regional Perspective

Abstract: The development of China-ASEAN trade and economic relations within the recent 15 years has of great significance not only for both sides but also for the whole East-Asia region. This paper i...

by Zhao Jianglin | On 24 Feb 2016

Regional Cooperation towards Multilateral Arrangements on Agriculture, Labour, and Environment in the Context of Globalisation: The Case of Indonesia

This study looks at Indonesia’s commitments to multilateral trade agreements, and assesses policies adopted by the government to meet the criteria set by those agreements. Particularly, three sectors...

by Titik Anas | On 24 Feb 2016

Forest – Based Bamboo Trade in Mendha Lekha and Jamguda

This paper documents two different models that can be adopted by tribal villages for forest-based bamboo trade under the ambit of the FRA, 2006.

by Centre for Civil Society CCS | On 24 Feb 2016

Ensuring Urban Food Security in ASEAN

This policy brief provides the main findings of the Food Security Expert Group Meeting which was convened by the RSIS Centre for Non-Traditional Security (NTS) Studies in Singapore on 4-5 August 2010....

by | On 23 Feb 2016

Financial Institutions and Structures for Growth in East Asia

The paper examines the changing size, shape and range of financial markets in the region indicates the extent to which regional markets have become more efficient and have improved in quality since th...

by Jenny Corbett | On 23 Feb 2016

Policy Reforms and Institutional Weaknesses: Closing the Gap

The World Bank (2005) reported that from 1985 to 2003, per capita gross domestic product increased only by about 0.7% per year, well below the 3.7% average of neighboring countries (Indonesia, Malaysi...

by Eduardo Gonzalez | On 23 Feb 2016

Food Production and Environmental Health in Southeast Asia: The Search for Complementary Strategies

Growing food demands and escalating environmental stresses create a series of challenges throughout Southeast Asia. Projected population and consumption patterns strongly suggest that food production...

by J. Ewing | On 22 Feb 2016

Dissecting the China Puzzle: Asymmetric Liberalization and Cost Distortion

In this paper we attempt to explain the China Puzzle: coexistence of accelerating economic growth and worsening growth outlook. The root cause lies in China’s unique liberalization approach, i.e., the...

by Huang Yiping | On 22 Feb 2016

Agriculture and Food Security in Asia by 2030

Rapid trade-led economic growth in emerging Asia has been shifting the global economic and industrial centres of gravity away from the north Atlantic, raising the importance of Asia in world trade but...

by Kym Anderson | On 22 Feb 2016

India’s Bid for APEC Membership: Trade Policy is the Stumbling Block

India’s chances of becoming a member of the APEC (Asia-Pacific Economic Cooperation) forum brightened considerably after the United States welcomed its interest in early 2015. But till now, there has...

by Amitendu Palit | On 22 Feb 2016

The Lure of Lahore: Need for India-Pakistan Détente

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

by Iftekhar Ahmed Chowdhury | On 22 Feb 2016

Deepening Association of Southeast Asian Nations’ Financial Markets

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

by Choong Lee | On 21 Feb 2016

Preferential Trading In South Asia

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

by Tercan Baysan | On 21 Feb 2016

Regional Integration in South Asia: What Role for Trade Facilitation?

The trade performance of countries in South Asia over the past two decades has been poor relative to other regions. Exports from South Asia have doubled over the past 20 years to approximately USD 100...

by John Wilson | On 21 Feb 2016

Cross-Border Electricity Cooperation in South Asia

South Asian countries, facing challenges in efficiently meeting growing electricity demand, can benefit from increased cross-border electricity cooperation and trade by harnessing complementarities in...

by Anoop Singh | On 21 Feb 2016

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

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

by Govinda Timilsina | On 21 Feb 2016

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

Financial Safety Nets in Asia: Genesis, Evolution, Adequacy, and Way Forward

Financial safety nets in Asia have come a long way since the Asian Financial Crisis (AFC) of 1997–98. Not wanting to rely solely on the International Monetary Fund (IMF) again, the Chiang Mai Initiati...

by Hal Hill | On 21 Feb 2016

Natural Gas Situation and LNG Supply/Demand Trends in Asia-Pacific and Atlantic Markets

This paper is an excerpt from a FY 2008 survey for the promotion of oil and natural development and utilization as commissioned by the Ministry of Economy, Trade and Industry. Since 2008, the global L...

by Yoshikazu Kobayashi | On 21 Feb 2016

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

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

by Naohiko Yahaba | On 21 Feb 2016

Price of Daily Essentials: A Diagnostic Study of Recent Trends

The present report summarises major results that seeks to trace the supply chains of a group of essential commodities and, in view of their future supply (domestic production and import) prospect, att...

by Centre for Policy Dialogue CPD | On 21 Feb 2016

The Road to Rio+20: Ambitious Goals for Sustainable Development

The world’s biggest summit on environment and development in 20 years will take place in Rio de Janeiro, Brazil, in June this year. What are the opportunities and challenges for this global multilater...

by | On 20 Feb 2016

In Search of Food Security: Addressing Opacity and Price Volatility in ASEAN’s Rice Sector

The availability of rice has long been considered a key indicator of food security in Southeast Asia. However, for largely strategic reasons, there is a paucity of information in the public domain on...

by Sally Trethewie | On 20 Feb 2016

A Position Paper on World Rice Futures

There is a widespread belief that rice futures are not necessary for the Asian rice markets because these markets are not “broken.” In any case, it is not clear to many why a rice farmer would benefit...

by | On 20 Feb 2016

Would a Southeast Asian Rice Futures Market Be Feasible, and What of Food Security?

In 2010, it was proposed that Singapore consider hosting an international rice futures market, with cited benefits being enhanced price discovery and price stabilisation. The RSIS Centre for Non-Tradi...

by Sally Trethewie | On 20 Feb 2016

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

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

by Rizwana Siddiqui | On 19 Feb 2016

Rio+20 Incorporated? Assessing Diplomatic Outcomes and Private Sector Actions on Sustainable Development

The May 2012 NTS Alert entitled ‘Back to the future: Is Rio+20 a 1992 redux or is there cause for optimism?’ explored the prospects for the June 2012 UN Conference on Sustainable Development (Rio+20),...

by | On 19 Feb 2016

Impact of Services Trade Liberalization on Employment and People Movement in South Asia

Services have been a key driver of overall economic growth in South Asia since the 1990s. This paper examines how the growth of services output, trade and investment have affected service sector emplo...

by Rupa Chanda | 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

Discourse on Kashmir: From Territoriality to ‘Enlightened Sovereignty’

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

by | On 19 Feb 2016

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

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

by Paul Dorosh | On 18 Feb 2016

Towards an East Asian Financial Community: An Institutionalist Perspective

This paper seeks to understand the changing financial landscape in East Asia that resulted from ongoing regional financial cooperation among ASEAN+3 countries. It examines the development of the Chian...

by | On 17 Feb 2016

A Significant Shift in Casual Relations of Money, income, and Prices in Pakistan: The Price Hikes in the Early 1970s

This study extends the analysis of causality by Husain and Rashid (2006) by taking care of the shift in the variables due to the price hikes in the early 1970s. Casual relation between real income and...

by Fazal Husain | On 17 Feb 2016

Climate Change Impacts and Mitigation in the Developing World

This paper conducts an integrated assessment of climate change impacts and climate mitigation on agricultural commodity markets and food availability in low- and middle-income countries. The analysis...

by Petr Havlík | On 17 Feb 2016

Trade Liberalisation, Financial Development and Economic Growth

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

by Muhammad Arshad Khan | On 16 Feb 2016

Financial Globalization in Emerging Countries: Diversification vs. Offshoring

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

by Francisco Ceballos | On 16 Feb 2016

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

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

by Vikram Nehru | On 16 Feb 2016

The Emerging “Post-Doha” Agenda and the New Regionalism in the Asia-Pacific

This paper considers emerging commercial policy challenges facing the Asia-Pacific region in light of the impasse reached at the Eighth World Trade Organization (WTO) Ministerial Meeting in December 2...

by Michael Plummer | On 16 Feb 2016

Supply Chains and Credit-Market Shocks: Some Implications for Emerging Markets

Driven by the increasingly important role of supply chains in global production, this paper studies empirical association between global credit-market shocks and firm behavior towards liquidity needs...

by Yothin Jinjarak | On 16 Feb 2016

The Trans-Pacific Partnership Agreement: Looking Ahead to the Next Steps

Pressure has been building for the conclusion of the 12-country Trans-Pacific Partnership (TPP) negotiations. Getting the deal done is important, but the TPP is not just another free trade agreement (...

by Deborah Elms | On 16 Feb 2016

Global Implications of the Renminbi’s Ascendance

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

by Eswar Prasad | On 16 Feb 2016

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

From Global Factory to Global Mall: East Asia’s Changing Trade Composition

This paper studies how East Asia’s trade composition and orientation have changed over the past decade and analyzes the implications for the region and beyond. Over the last 2 decades we have witnesse...

by Matthias Helble | On 16 Feb 2016

Hometown Investment Trust Funds: An Analysis of Credit Risk

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

by Naoyuki Yoshino | On 16 Feb 2016

Myanmar: The Key Link between South Asia and Southeast Asia

This paper examines the road and railway links in Myanmar connecting northeast India on the one side with the rest of Southeast Asia on the other. It also discusses the importance of new deep-sea port...

by Hector Florento | On 16 Feb 2016

Towards “Trade Policy Analysis 2.0”: From National Comparative Advantage to Firm-Level Trade Data

This paper makes the case for the need to “upgrade” current analytical tools used for trade policy analysis and complement them with more detailed firm-level data. Such an upgrade should be based on t...

by Lucian Cernat | On 16 Feb 2016

Thailand’s Economic Integration with Neighboring Countries and Possible Connectivity with South Asia

Thailand’s increasing importance as a regional co-production base and as an intra-regional trade and border trade hub is due mainly to recent changes in its economic structure, namely, the lack of ope...

by Suthiphand Chirathivat | On 16 Feb 2016

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

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

by Rizwana Siddiqui | On 15 Feb 2016

Towards a Measure of Core Inflation in Bangladesh: Conceptual Issues

Identifying core inflation has become a very important issue for the Central Banks of the world for last few years. It has also become a practice to monitor the core inflation along side the headline...

by Md. Shahiduzzaman | On 15 Feb 2016

Future Prospects of Bangladesh’s Ready-Made Garments Industry and the Supportive Policy Regime

Emergence of the global market has heightened the role of trade in world economy and made industrialization as an integral system of global trade and production. Bangladesh economy at present is more...

by Md. Nehal Ahmed | On 15 Feb 2016

Recent Experiences in the Foreign Exchange and Money Markets

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

by Md. Habibur Rahman | On 15 Feb 2016

Monetary Policy and Capital Market Development in Bangladesh

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

by Shubhasish Barua | On 15 Feb 2016

Security and Political Developments in Afghanistan in 2014 and After : Endgame or New

The excerpt below introduces a book chapter written by Vanda Felbab-Brown for the Austrian Federal Ministry of the Interior anthology, Afghanistan 2014, published in March 2014. In this chapter, Dr. F...

by Vanda Felbab-Brown | On 14 Feb 2016

Bilateral J-Curves between Pakistan and Her Trading Partners

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

by Zehra Aftab | On 14 Feb 2016

Strengthening Corporate Governance to Combat Corruption

The collapse of global financial markets in September 2008 has ignited a debate on what caused their quick undoing. As captured in the comments of the OECD Secretary-General, there is a growing sentim...

by Transparency International TI | On 13 Feb 2016

Foreign Direct Investment in Health Services

The purpose of this paper is to document the emergence and growth of FDI in health services, and to discuss its drivers, potential benefits and risks associated with this FDI, as well as policy issues...

by Zbigniew Zimny | On 13 Feb 2016

Regulating the Revolving Door

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

by Transparency International TI | On 12 Feb 2016

Asia-Pacific Human Development Report 2006: Trade on Human Terms

This report highlights that free trade can benefit the poor of Asia-Pacific if countries adopt bold new policies that harness trade and economic growth to promote people’s well-being. It also highligh...

by United Nations Development Programme (UNDP) | On 12 Feb 2016

India and Central Asia: Trade Routes and Trade Potential

In an environment of increasing importance of South–South bilateral trade partnerships, we assess the potential for improving bilateral trade between India and five Central Asian countries in this pap...

by Pradeep Agrawal | On 11 Feb 2016

Foreign Direct Investment as a Key Driver for Trade, Growth and Prosperity: The Case for a Multilateral Agreement on Investment

Foreign direct investment (FDI) is a powerful instrument for growth and development, and is key to enhancing prosperity worldwide and boosting the global economy. Building on its previous work on the...

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

The Global Competitiveness Report 2013–2014

The Global Competitiveness Report 2013-2014 features a record number of 148 economies, and thus continues to be the most comprehensive assessment of its kind. It contains a detailed profile for each o...

by | On 11 Feb 2016

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

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

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

Intellectual Property and Computer Software, a Battle of Competing Use and Access Visions for Countries of the South

This report was commissioned to examine a range of economic, political and developmental issues connected with the use and expansion of computer software in countries of the South. In particular, it e...

by | On 10 Feb 2016

Cross-Retaliation in TRIPS: Options for Developing Countries

The possibility for developing WTO Members to suspend concessions in the field of trade-related intellectual property rights (TRIPS) to redress an injury suffered with respect to trade in goods or ser...

by | On 10 Feb 2016

The Influence of Preferential Trade Agreements on the Implementation of Intellectual Property Rights in Developing Countries: A First Look

This paper finds that PTAs are clearly drivers of significant IP reform in developing countries and that the implementation challenge for these countries is real and complex. The challenge does not on...

by | On 10 Feb 2016

Protecting Shared Traditional Knowledge: Issues, Challenges and Options

Shared and widely distributed traditional knowledge, among communities and across national borders is often the norm rather than the exception. However, it remains an area for which policy and legal s...

by | On 10 Feb 2016

The Decent Work Agenda: A Gender Perspective

This is a report from Incomes Data Services (IDS) for the International Trade Union Confederation (ITUC) on the gender perspective of the ‘Decent Work’ agenda. Decent Work, Decent Life for Women is th...

by | On 10 Feb 2016

Multilateralism and China–UN Relations

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

by | On 09 Feb 2016

Addressing Barriers to Digital Trade

This paper addresses the question of whether it is possible to balance the need for a free flow of information across borders with legitimate government concerns related to public order, consumer priv...

by | On 08 Feb 2016

Trade and Innovation: Policy Options for a New Innovation Landscape

This paper assesses whether current trade regulatory frameworks, in particular WTO agreements, adequately support innovation as a policy objective in the context of the knowledge economy and the digit...

by | On 08 Feb 2016

Fisheries, International Trade and Sustainable Development

This paper aims to provide a framework for those making and influencing policies to better understand and analyse how key trade policy issues and tools in fisheries relate to and impact on their susta...

by International Centre and Sustainable Development | On 08 Feb 2016

Trade and Sustainable Land Management in Drylands

This publication aims to provide a wide range of perspectives from various stakeholders on how trade policies and processes could contribute to advancing the objectives of sustainable land management...

by International Centre and Sustainable Development | On 08 Feb 2016

Climate-related Single-use Environmental Goods

The purpose of this issue paper is to support public understanding of the possible environmental, trade and developmental implications of the WTO negotiations on Environmental Goods (EGs), in particul...

by | On 08 Feb 2016

Progress of the World's Women 2000

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

by UN Women | On 08 Feb 2016

Leader Networks and Transaction Costs: A Chinese Experiment in Interjurisdictional Contracting

Do leader networks promote efficient intergovernmental contracts? We examine a groundbreaking policy in China where subprovincial governments freely traded land conversion quotas and investigate the r...

by Nancy H. Chau | 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 Trade Policy, 1999–2008: An Assessment

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

by Mirza Qamar Baig | On 07 Feb 2016

Whistleblower Protection And The Un convention Against Corruption

This study proposes ways of enhancing whistleblower protection through the review process for the UN Convention against Corruption (UNCAC). It is intended as a contribution to discussions in the UNCAC...

by Transparency International TI | On 06 Feb 2016

A Modi Index?

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

by T.N. Ninan | On 06 Feb 2016

Analysing the Terms of Trade Effect for Pakistan

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

by Nishat Fatima | On 06 Feb 2016

Capital Inflows, Inflation and Exchange Rate Volatility: An Investigation for Linear and Nonlinear Causal Linkages

In this study, an investigation of the effects of capital inflows on domestic price level, monetary expansion and exchange rate volatility. To proceed with this, linear and nonlinear cointegration and...

by Abdul Rashid | 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

Transparency in Corporate Reporting: Assessing Emerging Market Multinationals

Transparency International conducted research into the public reporting practices of 100 emerging markets companies comprising a list of Global Challengers 2011. Based on the methodology of previous T...

by Transparency International TI | On 05 Feb 2016

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

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

by Transparency International TI | On 05 Feb 2016

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

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

by Transparency International TI | On 05 Feb 2016

WTO in Times of Major Changes

The relationship between these groups needs to be defined in order for the organization to move forward. The need for this is evident from the standoff in the Doha Round negotiations, where China, Bra...

by | On 05 Feb 2016

Standards, Innovation and their Role in the Context of the World Trade Organization

This think piece discusses the role of standards in the WTO context, including their impact on innovation. It argues that the WTO concept of standards as captured in the Technical Barriers to Trade (T...

by | On 05 Feb 2016

Do Yesterday’s Disciplines Fit Today’s Farm Trade?

This piece explores how trade and trade policies have evolved over the last decade and considers the possible implications for the multilateral trading system. Since the Doha Round was launched, the i...

by | On 05 Feb 2016

Palestine National Integrity System Assessment 2013

During the period covered by this study, Palestine faced a number of positive and negative developments. The most significant was the continued political divide, resulting in an ongoing disruption to...

by Transparency International TI | On 05 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

Pak-SAARC Intra-industry Trade

This paper analyses country-specific and industry-specific determinants of intra-industry trade (IIT) between Pakistan and other SAARC countries using panel data techniques. This paper also disentangl...

by Adnan Akram | On 03 Feb 2016

The New Role of the World Bank

The World Bank was founded to correct failures in international capital markets. That role has shifted over the past 70 years. Modern analyses should proceed from the premise that the Bank’s central g...

by Michael Clemens | On 03 Feb 2016

Trade Integration and Labour Market Trends in India: an Unresolved Unemployment Problem

This paper focuses on the Indian pre-crisis strategy of liberalization and integration into the world economy and its impact on labour market trends. It then examines the specific ways in which the cr...

by International Centre for Sustainable Trade and Development | On 03 Feb 2016

Food Security Post-2015: What Countries Need to Do So That Regional Collaboration Can Be Effective

Attempts to explain why ending hunger has been so hard, so here the focus is on four main themes: the complex role of markets, the importance of government policies, the historical process of structur...

by C. Peter Timmer | On 03 Feb 2016

An Analysis of Accrual Anomaly in Case of Karachi Stock Exchange

This study investigates the existence of accrual anomaly by using a sample of 340 non-financial firms listed at Karachi Stock Exchange. The objective of the study is to examine the persistence of th...

by Jawad Mohammad | 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

Biopiracy: The Patenting of Basmati by Ricetec

The paper discusses the North-South context for biopiracy, explains the process by which RiceTec acquired its patent, ascertains why it amounted to biopiracy and examines its implications for southern...

by Uzma Jamil | On 02 Feb 2016

Deepening India’s Engagement with the LDCs: An in-depth Analysis of India’s Duty-free Tariff Preference Scheme

India’s engagement with Africa through trade, investment, aid and technological collaboration can support growth and structural transformation in African economies. This paper, which is part of a majo...

by Environmental Management & Policy Research Institute | On 02 Feb 2016

Disciplining Investment Incentives: A Lost Cause?

Investment incentives rank among the most important policy instruments governments employ to influence the locational decisions of multinational firms. In the wake of the recent increase in locational...

by International Centre for Sustainable Trade and Development | On 02 Feb 2016

Trade Policy and Manufacturing Performance: Exploring the Level of Trade Openness in India’s Organized Manufacturing in the Period 1990-2010

This study presents industry-level evidence regarding the connection between trade policy reforms and manufacturing performance. It contributes to the existing literature in several respects. The stu...

by Deb Kusum Das | On 02 Feb 2016

Social Insurance with Competitive Insurance Markets and Risk Misperception

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

by | On 02 Feb 2016

Rural Transport, Safety and Security

By 2020, road accidents are expected to be the third highest cause of death and disability globally. Transport safety concerns in poor countries have focused mainly on roads and motorised traffic, but...

by International Forum for Rural Transport and Develo IFRTD | On 01 Feb 2016

Voices from the South: The Impact of the Financial Crisis on Developing Countries

This report presents snapshots of the financial crisis as seen by 21 thinkers, academics and policymakers in 14 developing countries. IDS invited them to present their views on the likely impacts and...

by Neil McCulloch | On 01 Feb 2016

Financial Reforms - Past and Present

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

by Raghuram G. Rajan | On 01 Feb 2016

Reaching a Climate Deal in Copenhagen

There is a growing awareness that action is urgently needed to seriously address the climate change problem. The multilateral process that began with the United Nations Framework Convention on Climate...

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

Coordinating Capital Account Regulation

There is a renewed consensus on the need to re-regulate international capital movements. But there is a collective action problem, which puts developing countries at a particular disadvantage. Countri...

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

A Truly Green Agricultural Revolution is Needed

The recent food price spikes have exposed deep structural flaws in the world food system. Although increased financial speculation in commodity futures and options markets seems to have amplified shor...

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

Can a Protracted Slowdown be Avoided?

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

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

Increasing Public Spending in Agricultural R&D to Ensure Food Security in Developing Countries

Arguably, ensuring food and nutrition security for all people in the coming decades is the major challenge for the global community. Food demand is increasing in aggregate and per capita values, in pa...

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

The Limited Promise of Agricultural Trade Liberalization

It has become an article of faith in international trade negotiations that farmers in developing countries have much to gain from agricultural trade liberalization. This paper assesses the evidence fo...

by Timothy A. Wise | On 31 Jan 2016

Climate-Smart Agriculture in Sri Lanka

The climate-smart agriculture (CSA) concept reflects the ambition to improve the integration of agriculture development and climate responsiveness. CSA aims to achieve food security and broader develo...

by World Bank [WB] | On 30 Jan 2016

Identifying Products with Climate and Development Benefits for an Environmental Goods Agreement

caling-up renewable energy as a means to address climate change will require addressing impediments to the global diffusion of sustainable energy goods and services. Trade policy can contribute in thi...

by | On 30 Jan 2016

Deploying Climate-Related Technologies in the Transport Sector: Exploring Trade Links

This paper focuses on liberalizing environmental goods (EGs) in the transport sector. The reduction or removal of trade restrictions affecting transport-related EGs supports the deployment of cl...

by | On 30 Jan 2016

Comparing Safeguard Measures in Regional and Bilateral Agreements

This study provides trade negotiators, policy-makers and other stakeholders with a clear, practical comparative analysis of the advantages and disadvantages of the various safeguard clauses included i...

by | On 30 Jan 2016

Constructing a Composite Index of Market Access

Trade barriers are often opaque and difficult to compare. All too often, an exporter faces costs well in excess of a simple tariff when seeking entry to a market. However, to date, there exist few too...

by | On 30 Jan 2016

Value Chains and Tropical Products in a Changing Global Trade Regime

In the last decade, the commodity issues have re-emerged as central to development initiatives and poverty alleviation strategies. The objective of this Issue Paper by Charles Mather is to contribute...

by | On 30 Jan 2016

Trade Policy for Food Security: Farm Policies of Developed Countries

Early studies on the potential impacts of climate change indicated that agriculture was not likely to be severely affected, as carbon fertilization and trade flows were thought to be able to compensat...

by | On 30 Jan 2016

Food Reserves in Developing Countries: Trade Policy Options for Improved Food Security

Agricultural prices, along with the prices of primary commodities in general, have been both high and volatile over 2006-11. These developments impact the poor and other vulnerable non-farm households...

by | On 30 Jan 2016

Trade Policy Responses to Food Price Volatility in Poor Net Food-Importing Countries

In recent years, high and volatile prices have contributed to acute shortages of basic foodstuffs in poor, net food-importing countries. This paper examines the new challenges these countries face, an...

by | On 30 Jan 2016

Transparency, Monitoring & Surveillance: Policy Options for the Multilateral Trade System

Transparency is essential to the smooth functioning of a trade system. Improved transparency in agricultural policies and markets will allow trade to play a full role in achieving global food security...

by | On 30 Jan 2016

Trade and Food Security

The evolving food security agenda offers governments a chance to address some urgent concerns and strengthen the multilateral trade system. The Doha Agenda has been overtaken by time and events. Many...

by | On 30 Jan 2016

Agricultural Trade and Food Security: Some Thoughts about a Continuous Debate Food Reserves in Developing Countries: Trade Policy Options for Improved Food Security

Previous agricultural trade negotiations were conducted when global prices were lower. They focused on policies that artificially expanded supply in some countries, or reduced demand in other countrie...

by | On 30 Jan 2016

International Trade Disciplines and Policy Measures to Address Climate Change Mitigation and Adaptation in Agriculture

An increasing concentration of greenhouse gases (GHGs) in the atmosphere is believed to be contributing to global warming. Agriculture is a significant contributor to GHG emissions through crop and an...

by | On 30 Jan 2016

Trade Facilitation, Information Technology and SMEs: Emerging Evidences from India

This paper looks into the key issues concerning trade facilitation and SMEs, particularly how information technology related measures have influenced SMEs. India undertook focused and dedicated trade...

by Sachin Chaturvedi | On 30 Jan 2016

Regional Economic Integration in South Asia: Prospects and Challenges

This paper dwells upon some of the conceptual issues pertaining to regional economic cooperation in general and specific to the South Asian region. It also documents the progress made in SAARC, the SA...

by Ram Upendra Das | On 30 Jan 2016

India’s Trade in Drugs and Pharmaceuticals: Emerging Trends, Opportunities and Challenges

The paper looks into the recent experience in exports and imports of drugs and pharmaceutical products. It is found that there is a tremendous growth in the exports. The paper suggests the removal of...

by Reji K Joseph | On 30 Jan 2016

Revision of India-Nepal Treaty of Trade and Its Implications for Strengthening Bilateral Trade and Investment Linkages

The paper highlights the trend in bilateral trade between the two countries. It notes that barring setbacks in certain years, the bilateral trade between the two countries has been growing briskly. It...

by Indra Nath Mukherji | On 30 Jan 2016

Rules of Origin under Regional Trade Agreements

It is argued in this paper that both the negotiations and the analytical literature pertaining to Rules of origin (ROO) display a lack of sound understanding of the implications of rules of origin. De...

by Ram Upendra Das | On 30 Jan 2016

Does Governance Matter for Enhancing Trade? Empirical Evidence from Asia

The primary objective of this paper is to find whether or not the governance and institutions matter for enhancing Asia’s trade. In this study, we have performed a comprehensive empirical analysis of...

by Prabir De | 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

Assessing Barriers to Trade in Services in India

This study analyses the linkages between India’s services trade flow and its probable barriers. The results of the analysis show that the linkages between services export and services trade barriers a...

by Prabir De | On 30 Jan 2016

Monetary Paradoxes of Baby-Sitting Cooperatives

Many authors have described and modelled Keynesian effects in a Babysitting Cooperative (BSC), which has the underlying structure of a single good barter economy. A simple model of the BSC economy is...

by Asad Zaman | On 30 Jan 2016

Public Expenditure, Employment and Poverty in Bangladesh An Empirical Analysis

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

by Centre for Policy Dialogue CPD | On 29 Jan 2016

Poverty-Environment Nexus An Investigation of Linkage and Policy Implications

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

by Centre for Policy Dialogue CPD | On 29 Jan 2016

Cyber Attacks: The Electronic Battlefield

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

by | On 29 Jan 2016

Investment and Trade Regimes Conjoined: Economic Facts and Regulatory Frameworks

Recent research suggests that trade and investment are closely linked as two-way economic complements. Trade liberalization facilitates investment, but even complete trade openness will not overcome a...

by | On 29 Jan 2016

Trade Preferences for the Least Developed Countries: Opportunities Not Panaceas

One of the main aims of trade is to enable consumers to choose from a wider variety of goods at lower prices and firms to grow and create more jobs by becoming more productive and accessing larger mar...

by | On 29 Jan 2016

Subsidies and Spillovers in a Value Chain World: New Rules Required?

The use of subsidy instruments, broadly defined to include fiscal measures and investment incentives, has been a constant feature of government policy in both high-income and emerging economies. This...

by | On 29 Jan 2016

Food Security and WTO Domestic Support Disciplines Post-Bali

Trade ministers in Bali agreed an interim solution to the problem of food security and WTO domestic support disciplines, but also committed to begin discussions on a "permanent solution" once the mini...

by Alan Matthews | On 28 Jan 2016

New WTO Trade Rules for Bits and Bytes?

The major trading nations have been busy with trade agreements—free, preferential, and bilateral—incorporating Trade-Related Aspects of Intellectual Property Rights (TRIPS)-plus and World Intellectual...

by | On 28 Jan 2016

Rethinking International Intellectual Property Law: What Institutional Environment for the Development and Enforcement of IP Law?

The establishment of the WTO Agreement on TRIPS (Trade Related Aspects of Intellectual Property Rights) and the proliferation of plurilateral, bilateral and regional agreements have significantly cont...

by | On 28 Jan 2016

Regulatory Cooperation: Lessons from the WTO and the World Trade Regime

Trade friction today is largely due to regulatory diversity as contemporary markets are chiefly segmented through non-tariff barriers. The purpose of the paper is to enquire into regulatory cooperatio...

by | On 28 Jan 2016

Services Trade Agreement in South Asia Contours and Modalities

Available literature on regional trade integration in South Asia points to a variety of economic and non-economic factors that have slowed the integration process. The major non-economic factors inclu...

by South Asia Watch on Trade, Economics & Environment SAWTEE | On 28 Jan 2016

Enhancing Coherence and Inclusiveness in the Global Trading System in the Era of Regionalism

Over the past two decades, regional trade agreements (RTAs) have proliferated alongside the WTO system, involving a wide variety of agreements. In the absence of significant progress on the multilater...

by | On 28 Jan 2016

The Evolving International Investment Law and Policy Regime: Ways Forward

International investment needs are tremendous. This requires that the international investment regime constitutes a framework for increased flows of sustainable foreign direct investment for sustainab...

by | On 28 Jan 2016

Maximizing the Opportunities of the Internet for International Trade

The last decade has witnessed remarkable developments in the digital economy, creating new opportunities for cross-border trade and investment and the ongoing emergence of novel and disruptive busines...

by | On 28 Jan 2016

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

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

by B.L. Kumar | On 28 Jan 2016

TRIPS and Pharmaceutical Industry: Issues of Strategic Importance

Trade Related Intellectual Property Rights (TRIPS) brings in uniformity in the standards of intellectual property rights among the member countries of the WTO irrespective of their developmental statu...

by N. Lalitha | On 28 Jan 2016

Economic Growth, Labour Markets and Gender in Japan

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

by Uma Rani | On 28 Jan 2016

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

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

by Ulrike Nischan | On 28 Jan 2016

How Can We Know (More) About the Trade Effects of Regulation?

Standards and regulations have externalities for other governments, citizens, and economic actors. The vector for those externalities is international trade, which is the reason that trade agreements...

by | On 27 Jan 2016

How could Mega-Regional Trade Negotiations Affect Agricultural and Food Trade?

A new generation of 'mega-regional' trade deals have the potential to reshape the landscape of global agricultural trade, by establishing new commitments on market access as well as new regulatory nor...

by | On 27 Jan 2016

Competition Law/Policy and the Multilateral Trading System: A Possible Agenda for the Future

Important synergies or complementarities exist between trade liberalization initiatives and the application of measures to suppress anti-competitive practices or arrangements. In fact, both anti-compe...

by | On 27 Jan 2016

Enabling the Energy Transition and Scale-up of Clean Energy Technologies: Options for the Global Trade System

With the challenges of access to energy, energy security, and the imperative of climate change becoming more pronounced in recent years, interest in clean energy has surged. Mitigation efforts to limi...

by | On 27 Jan 2016

Agriculture and Food Security: New Challenges and Options for International Policy

New challenges are facing the global food and agriculture trading system in the 21st century. The present paper identifies options for how policies and international trade rules can respond to this ne...

by | On 27 Jan 2016

Multinationals and Foreign Investment Policies in a Digital World

The purpose of this paper is to discuss the future of the multinational enterprise (MNE) and implications for the international investment regime. The paper begins by summarising current thinking on m...

by | On 27 Jan 2016

A New Look at the Extensive Trade Margin Effects of Trade Facilitation

We estimate the effects of trade facilitation on the extensive margins of trade. Using OECD Trade Facilitation Indicators – which closely reflect the Trade Facilitation Agreement negotiated at the Bal...

by Robert Teh | On 27 Jan 2016

Intellectual Property Provisions in Regional Trade Agreements: Revision and Update

The paper assembles detailed information about the IP provisions contained in active RTAs notified to the WTO. The goal was to expand beyond the more commonly studied RTAs, to review the full array of...

by Maegan McCann | On 27 Jan 2016

The Determinants of Quality Specialization

A growing literature suggests that high-income countries export high-quality goods. Two hypotheses may explain such specialization, with different implications for welfare, inequality, and trade polic...

by Roberta Piermartini | On 26 Jan 2016

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

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

by Robert Anderson | On 26 Jan 2016

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

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

by Kodjo Osei-Lah | On 26 Jan 2016

Agricultural Trade And Development: A Value Chain Perspective

The system of global agricultural and food trade is undergoing rapid processes of change, with important implications for economic development. In this paper we document and discuss these changes; inc...

by Johan Swinnen | On 26 Jan 2016

Services And Global Value Chains – Some Evidence On Servicification Of Manufacturing And Services Networks

This paper analyses the role of services in international trade through the lens of global value chains (GVCs). Services account for more than 70% of world GDP but only for around 20% of world trade i...

by Rainer Lanz | On 26 Jan 2016

Export Quality in Advanced and Developing Economies: Evidence from a New Dataset

This paper develops new estimates of export quality, far more extensive than previous efforts, covering 178 countries and hundreds of products during the period 1962—2010. It finds that quality upgrad...

by Christian Henn | On 26 Jan 2016

The Layers of the IT Agreement's Trade Impact

The WTO’s plurilateral Information Technology Agreement (ITA) reduced tariffs to zero on many IT products. This paper presents a comprehensive study of its trade impacts by incorporating recent insigh...

by Christian Henn | On 26 Jan 2016

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

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

by Marc Auboin | On 26 Jan 2016

Trade Policy Uncertainty as Barrier to Trade

This paper studies the effects of trade policy uncertainty on the extensive and the intensive margins of trade for a sample of 149 exporters at the HS6 digit level. We measure trade policy uncertainty...

by Nadia Rocha | On 26 Jan 2016

Charting the Evolving Landscape of Services Trade Policies: Recent Patterns of Protection and Liberalization

While greater focus has been cast on analysis of policy changes affecting trade in goods in the aftermath of the financial crisis, little is known about the direction of policies affecting trade in se...

by Martin Roy | On 26 Jan 2016

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

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

by Vira Khoroshavina | On 26 Jan 2016

Aid for Trade, Foreign Direct Investment and Export Upgrading in Recipient Countries

This paper examines empirically whether Aid for Trade (AfT) programmes and Foreign Direct Investment (FDI) inflows affect export upgrading and, if so, whether their effects are complementary or substi...

by Sèna Gnangnon | On 26 Jan 2016

Covered or not Covered: That is The Question - Services Classification and Its Implications for Specific Commitments under the GATS

This paper attempts to make contribution by providing an overview of services classification and highlighting its relevance to both trade negotiations and WTO dispute settlement. It consists of four s...

by Ruosi Zhang | On 26 Jan 2016

TRIPS Plus Agreements and Issues in Access to Medicines in Developing Countries

Harmonisation of intellectual property rights among the members of WTO has in the recent years seen informed debates on access to medicines. While the developing countries are lured to such agreements...

by Samira Guennif | On 26 Jan 2016

Government Intervention and Prices of Medicines: Lessons from Tamil Nadu

This paper looks at the approach adopted by the government of Tamil Nadu where drug procurement and supply is done through an autonomous agency. The paper emphasises the need for such goverment interv...

by N. Lalitha | On 26 Jan 2016

India’s Sri Lanka Policy: Towards Economic Engagement

India's Sri Lanka policy since 1991 is one example of how India's foreign policy imperatives, redefined by the end of the Cold War and the introduction of liberal economic reforms, have impacted relat...

by | On 25 Jan 2016

India-Korea CEPA: An Appraisal of Progress

The Comprehensive Economic Partnership Agreement (CEPA) between India and the Republic of Korea is the first such free trade agreement signed by India with an OECD country. It was signed in August 200...

by | On 25 Jan 2016

Ageing in Emerging Markets

This report describes the outcomes of a 2015 symposium on Ageing in Emerging Markets convened by the Emerging Markets Symposium at Green Templeton College, Oxford. It focusses on the causes and conseq...

by | On 25 Jan 2016

The Future of Electricity in Fast-Growing Economies

Electricity markets in fast-growing economies face different challenges than those in more mature markets. Mature markets with stable demand for electricity are transitioning to a more sustainable mix...

by World Economic Forum [WEF] | On 25 Jan 2016

Internet Fragmentation: An Overview

A thriving and open Internet provides the foundation for the fourth industrial revolution. There has been growing concern that the Internet may be in danger of splintering into a series of bordered cy...

by World Economic Forum [WEF] | On 25 Jan 2016

External Shocks

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

by Ashima Goyal | On 24 Jan 2016

Volatility of Stock Return in the Dhaka Stock Exchange

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

by Md. Habibour Rahman | On 23 Jan 2016

Inflation Accounting Across Income Groups: Does Inflation Hurt the Poor More in Bangladesh?

This note provides estimates of the contribution of food prices to inflation in Bangladesh. The results suggest that the current inflation takes a bigger toll on the poor because they spend more of th...

by M. Golam Mortaza | On 23 Jan 2016

Estimating Inflation Rates of Import-Concentrated Commodities

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

by M. G. Mortaza | On 23 Jan 2016

Economic Drivers of India’s External Engagement Strategy

In less than a year since assuming office, Mr. Modi has travelled to more than a dozen countries. Most of these travels have been state visits, occasionally interspersed with multilateral missions (e....

by | On 23 Jan 2016

Opportunities and Challenges in Rice Seeds Trade Between India and Bangladesh

Rice, a major staple crop for India and Bangladesh is important not only for ensuring food security, but also the livelihood security of large number of small and marginal farmers engaged in rice cult...

by Neha Jain | On 23 Jan 2016

Trans-Pacific Partnership, India and South Asia

The Trans-Pacific Partnership (TPP) will have multiple impacts on India and South Asia, ranging from a short-term effect, such as the loss of preferential access for exports, to the longer-term impact...

by | On 23 Jan 2016

Climate Change, Food Security and Trade Linkages in South Asia

This Briefing Paper examines the linkages between climate change, food security and trade in South Asia. Studies suggest that in Asia the heat stress due to climate change will reduce crop yields in t...

by Ram Jha | On 23 Jan 2016

Economic Growth In South Asia: Role Of Infrastructure

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

by Ranjan Kumar Dash | On 23 Jan 2016

Bilateral Free Trade Agreements (FTAs) Opportunities and Challenges for Bangladesh - Framework Issues

In the backdrop of rise in Free Trade Agreements (FTAs) in developing countries, particularly after the global financial and economic crisis, Bangladesh is still ambivalent in setting its strategies r...

by Khondaker Moazzem | On 23 Jan 2016

Framework for the  Proposed Comprehensive Trade Policy for Bangladesh

A number of studies have indicated that trade liberalisation did not have any significant impact on poverty reduction although the impact on employment generation had been positive (e.g. Raihan 2007)....

by Mehruna Chowdhury | On 23 Jan 2016

Impact of Water and Sanitation Interventions on Childhood Diarrhea: Evidence from Bangladesh

This paper analyses the possible relevance of water and sanitation improvements for diarrhoea reduction in the context of Bangladesh. Much of the public policy thinking in the past was guided by publi...

by Binayak Sen | On 23 Jan 2016

Rationalizing Food Demand and Supply Estimates: An Exploratory Note

This note examines the current methodology of setting the requirements and availability of food grains used by FPMU and identifies areas where efforts are needed to rationalize demand and supply estim...

by Bangladesh Bank | On 23 Jan 2016

Import Penetration And Price-Cost Margins In Indian Manufacturing Industries

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

by Bishwanath Goldar | On 22 Jan 2016

Advancing Sustainable Innovations for a Food Secure Future in India: Major Impacts of the Cereal Systems Initiative for South Asia

The paper focuses to reduce hunger and increase food and income security of resource poor farm families in South Asia through the development and inclusive adoption of new cereal varieties, sustainabl...

by | On 22 Jan 2016

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

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

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

Strategic Trade Policy for Network Goods Oligopolies

The paper analyzes strategic trade policy for differentiated network goods oligopolies under alternative scenarios, when there is export-rivalry between two countries. We show that, under price compet...

by Anomita Ghosh | On 22 Jan 2016

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

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

by Gayatri Khedkar | On 21 Jan 2016

The Trans-Pacific Partnership: Implications for India

The Trans-Pacific Partnership (TPP) agreement was signed on 5 October 2015 by the US and 11 countries in the Asia- Pacific. The writers of the TPP expect the agreement to result in the dynamic evoluti...

by Geethanjali Nataraj | On 21 Jan 2016

India and APEC An Appraisal

This Study surveys the progress that APEC has made towards promoting regional economic cooperation and integration. It examines the desirability of India joining APEC and looks at possible benefits an...

by V. S. Seshadri | On 21 Jan 2016

Productivity in the Era of Trade and Investment Liberalization in India

Very recent years India has witnessed wide-ranging economic reforms in her policies governing international trade and FDI flows. As per the findings of the paper, some of the important determinants of...

by Ram Upendra Das | On 21 Jan 2016

The Trans Pacific Partnership (TPP)

The Trans Pacific Partnership (TPP) has emerged as a major regional initiative for trade and investment liberalisation and towards enhancing competitiveness of the twelve participant countries drawn f...

by V. S. Seshadri | On 21 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

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

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

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

Openness and Technological Innovation in East Asia: Have They Increased the Demand for Skills?

This paper asks whether the increased openness and technological innovation in East Asia have contributed to an increased demand for skills in the region. We explore a unique firm level data set acros...

by Rita Almeida | On 19 Jan 2016

The Future of Jobs

The Fourth Industrial Revolution, which includes developments in previously disjointed fields such as artificial intelligence and machine-learning, robotics, nanotechnology, 3-D printing, and genetics...

by World Economic Forum [WEF] | On 18 Jan 2016

Equity and Health­ Care in the Era of Reforms

Two important policy shifts occurred with the period of economic reforms: one, the sharp reduction in the controlled drug list leading to significant increase in drug prices, and second, the introdu...

by Gita Sen | On 18 Jan 2016

Raising Agricultural Productivity and Making Farming Remunerative for Farmers

The paper identifies five important aspects of agriculture that need immediate attention to bring economic advantages to millions of farm families. First, output per hectare, which is a common measu...

by Niti Aayog GOI | On 18 Jan 2016

The Role of Industrial Policy as a Development Tool: New Evidence from the Globalization of Trade-and-Investment

This paper identifies the ingredients for what it calls “light-handed” industrial policy to address these obstacles. To a certain extent, emerging market hosts can carry out the policy interventions r...

by Theodore H Moran | On 15 Jan 2016

Rebalancing Growth in Asia

Rebalancing growth patterns of Asian economies is an important component of the overall rebalancing effort that will be required in the world economy. In this paper, I provide an empirical characteriz...

by Eswar S. Prasad | On 15 Jan 2016

Understanding Mandis: Market Towns and the Dynamics of India’s Rural and Urban Transformations

Our goal is to develop, over a period of time, a collaborative, multi-level and interdisciplinary project to generate and anchor a range of new research activities to help fill this gap. The idea is...

by | On 14 Jan 2016

Challenges for Economic Empowerment of Women In South Asia

This paper examines the changing work profiles of women in the South Asian region, with all elements of contradictions, in terms of doubling their burdens or empowering them. Are the newer avenues for...

by Preet Rustagi | On 13 Jan 2016

Beyond Market Access: Trade-related Measures for the Least Developed Countries. What Strategy?

This paper assesses the effectiveness of non-tariff special and differential treatment (SDT) offered exclusively to the least developed countries by WTO agreements. SDTs are inefficient in at least fo...

by | On 11 Jan 2016

Migration, School Attainment and Child Labor: Evidence from Rural Pakistan

Inequalities in access to education pose a significant barrier to development. It has been argued that this reflects, in part, borrowing constraints that inhibit private investment in human capital by...

by | On 11 Jan 2016

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

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

by Asif Mahmood | On 11 Jan 2016

Trans-Pacific Partnership and India’s Emerging Challenges

The conclusion of the Trans-Pacific Partnership (TPP) negotiations has major implications for India, which is aspiring for a larger role in the regional architecture of the Asia-Pacific. India will ha...

by Amitendu Palit | On 10 Jan 2016

The Least Developed Countries Report, 2004

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

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

Trade and Development Report 2007

The Trade and Development Report 2007, subtitled "Regional cooperation for development", recommends that developing countries should strengthen regional cooperation with other developing countries, bu...

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

The Least Developed Countries Report, 2011

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

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

Trade and Development Report, 2010

The Trade and Development Report 2010 focuses on the need to make employment creation a priority in economic policy. Unemployment is the most pressing social and economic problem of our time, not leas...

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

Trade and Development Report, 2012

The Trade and Development Report (TDR) 2012 reviews recent trends in the global economy and explores the links between income distribution, growth and development. Global output growth is slowing down...

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

Trade and Development Report, 2013

Five years after the onset of the global financial crisis the world economy remains in a state of disarray, with global output growing at around 2 per cent and global trade growth virtually grounding...

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

Towards ‘Make in South Asia’ Theoretical Basis and Policy Responses for Evolving Regional Values Chains

The paper presents the theoretical canvass emphasising the need to adopt an integrated approach towards trade in goods, trade in services and investment in a regional framework. In this context, rules...

by Ram Upendra Das | On 09 Jan 2016

Trade and Development Report, 2014

The Trade and Development Report 2014: Global Governance and Policy Space for Development examines recent trends in the global economy, with a focus on growth, trade and commodity prices.The Report hi...

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

Trade and Environment Review 2006

The TER 2006 focuses on environmental and related health requirements and their impact on developing countries´ market access. It examines both the opportunities and challenges presented by these requ...

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

India-Myanmar Ties: New Hope, Old Despair

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

by Laldinkima Sailo | On 09 Jan 2016

Competitive Diplomacy of India and China

India and China, viewing themselves as key players within the BRICS which they see in a worldwide perspective, had in fact made two different global commitments on the eve of this Brisbane G20 summit....

by P S Suryanarayana | On 09 Jan 2016

The Indian Bond Market

This paper tries to explain the main characteristics of the Indian government and corporate bond markets and what has contributed to the poor development of the latter. It goes on to show that an oppo...

by Chandrani Sarma | On 09 Jan 2016

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

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

by Marion Künzler | On 08 Jan 2016

Double Bubble Trouble

Sustaining anything in the region of 7% growth should be good enough in a troubled and risk-laden world.

by T.N. Ninan | On 08 Jan 2016

Prevention and Resolution of Foreign Exchange Crises in East Asia

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

by Andrew Cooper | On 07 Jan 2016

Remittances and Labor Supply in Post-Conflict Tajikistan

This paper analyzes the impact of remittances on the labor supply of men and women in post-conflict Tajikistan. It is found that on average men and women from remittance-receiving households are less...

by Olga Shemyakina | On 07 Jan 2016

Asia-Latin America Free Trade Agreements: An Instrument for Inter-Regional Liberalization and Integration?

Trade integration and free trade agreement (FTA)-led cooperation between Asia and Latin America has increased since the early 2000s. Using new criteria, this paper examines whether Asia-Latin America...

by Ganeshan Wignaraja | On 07 Jan 2016

India in the International Trade of Intermediates & Final Products – A Sector Level Study

International trade is redefined today in terms of trade in value added and global value chains. Most countries trade both in finished goods as well as intermediates. India, a less talked about countr...

by | On 07 Jan 2016

The 2030 Architecture of Association of Southeast Asian Nations Free Trade Agreements

This paper investigates and analyzes the present status, potential, and prospects of Association of Southeast Asian Nations (ASEAN) free trade agreements (FTAs). The move towards the ASEAN Economic Co...

by Suthiphand Chirathivat | On 07 Jan 2016

Negotiations for the Trans-Pacific Partnership Agreement: Evaluation and Implications for East Asian Regionalism

The Trans-Pacific Partnership (TPP) agreement seems to have reached a crossroads: it could either be a building block toward achieving economic integration in Asia and the Pacific, or trigger the form...

by Inkyo Cheong | On 07 Jan 2016

Multilateralizing Asian Regionalism

Motivated by the proliferation of free trade agreements (FTAs) in Asia over the last decade, this paper studies the challenges faced by the Asian “noodle bowl” — overlapping, multiple trade rules, reg...

by Richard Baldwin | On 07 Jan 2016

Special Study on Sustainable Fisheries Management and International Trade in the Southeast Asia and Pacific Region

This paper analyzes the current status of fisheries and aquaculture in Southeast Asia and international trade. Analysis concludes that a policy of sustainable management for both capture fisheries and...

by Masayuki Komatsu | On 07 Jan 2016

Plurilateral Agreements: A Viable Alternative to the World Trade Organization?

The paper looks at some issue-based plurilateral agreements — such as the Information Technology Agreement (ITA), the Financial Services and Basic Telecommunication Services Agreements, and the Anti-C...

by Michitaka Nakatomi | On 07 Jan 2016

Regional Trade Agreements and Enterprises in Southeast Asia

This paper undertakes a comparative and firm-level analysis of the impact of regional trade agreements (RTAs) in Indonesia, Malaysia and the Philippines. It finds that firm-heterogeneity matters in RT...

by Ganeshan Wignaraja | On 07 Jan 2016

Regional Financial Regulation in Asia

The Asian financial crisis (1997-1998) and the global financial crisis (2007-2009) highlighted the potential value of financial regionalism, i.e., regional-level cooperation in financial policy. This...

by Masahiro Kawai | On 07 Jan 2016

Globalization, Infrastructure, and Inclusive Growth

This paper covers threes issues: first, defining and measuring inclusive growth; second, the relationship between international trade and inequality; and third, the links between infrastructure and in...

by Juzhong Zhuang | On 07 Jan 2016

Antibiotics on the Farm: Agriculture’s Role in Drug Resistance

The evidence that antibiotic use in agriculture creates a pool of resistant bacteria in farm animals is not in dispute. The key questions relate to the magnitude of the risk to human health, and the p...

by | On 06 Jan 2016

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

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

by Masahiro Kawai | On 06 Jan 2016

Summary of Indonesia's Agriculture, Natural Resources, and Environment Sector Assessment

Indonesia is a net importer of grains, horticulture and livestock produce. The instability of food prices since 2008 has led to a renewed emphasis on food security. Despite increasing food crop produc...

by Victor Pontines | On 01 Jan 2016

Foreign Trade Pattern of Nepal: Gravity Model Approach

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

by | On 01 Jan 2016

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

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

by | On 01 Jan 2016

Managing Capital Flows in Asia: An Overview of Key Issues

Global capital flows into emerging markets, including those in Asia, continue to be volatile, generating both benefits and costs. The latter are associated with episodes of currency and banking crises...

by Ramón López | On 01 Jan 2016

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

This paper examines the economic and trade effects of infrastructure in Asia. Infrastructure plays a key role in facilitating trade, especially since recent trade liberalization in Asia has resulted i...

by Jamilah Mahyideen | On 01 Jan 2016

Can immigrants help women “have it all”? Immigrant Labor and Women’s Joint Fertility and Labor Supply Decisions

This paper explores how inflows of low-skilled immigrants impact the tradeoffs women face when making joint fertility and labor supply decisions. I find increases in fertility and decreases in labor f...

by Delia Furtado | On 30 Dec 2015

International Financial Reforms: Capital Standards, Resolution Regimes and Supervisory Colleges, and their Effect on Emerging Markets

This paper focuses on the relevance to emerging economies of three major financial reforms following the global financial crisis of 2007–2009: the improved capital requirements intended to reduce the...

by Duncan Alford | On 30 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

Deepening the Social Dimensions of Regional Integration

The present report presents an overview of some recent trends and future challenges regarding the deepening of the social dimensions of regional integration, in light of the Recommendations of the Rep...

by | On 29 Dec 2015

Trade in Value Added: An East Asian Perspective

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

by Satoshi Inomata | On 29 Dec 2015

The ASEAN Economic Community: Progress, Challenges, and Prospects

The ASEAN Economic Community (AEC) was set up in 2003 with the objectives of creating a single market and production base, enhancing equitable economic development as well as facilitating the integrat...

by Siowyue Chia | On 29 Dec 2015

The India-Sri Lanka Free Trade Agreement and the Proposed Comprehensive Economic Partnership Agreement: A Closer Look

The India–Sri Lanka Free Trade Agreement has been in operation for more than a decade. The paper provides the Sri Lankan perspective of the Free Trade Agreement (FTA) highlighting both the positive ou...

by Saman Kelegama | On 29 Dec 2015

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

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

by Dushni Weerakoon | On 29 Dec 2015

Policies to Enhance Trade Facilitation in South Asia and Southeast Asia

This paper discusses trade facilitation in the context of enhancing trading links between South and Southeast Asia, in a manner understandable to the non-specialist. Presently, these two Asian regions...

by Anthony Bayley | On 29 Dec 2015

Economic Implications of Deeper South Asian–Southeast Asian Integration: A CGE Approach

The paper estimates the potential gains to be large, particularly for South Asia, assuming that the policy- and infrastructure-related variables that increase trade costs are reduced via economic coop...

by Fan Zhai | On 29 Dec 2015

Connecting South and Southeast Asia: Implementation Challenges and Coordination

With closer regional integration there is increasing interest within the Association of Southeast Asian Nations (ASEAN) and on the part of ASEAN's dialogue partners in the potential gains of closer co...

by Termsak Chalermpalanupap | On 29 Dec 2015

Why Do SMEs Not Borrow More from Banks? Evidence from the People's Republic of China and Southeast Asia

This study examines the relationship between firm characteristics and borrowing from commercial banks by small and medium-sized enterprises (SMEs) in the People's Republic of China (PRC) and five Sout...

by Ganeshan Wignaraja | On 24 Dec 2015

Assessing the Experience of South Asia–East Asia Integration and India's Role

This paper examines the gains for South Asian economies from integratingwith East Asia and India’s role in this process. Evidence of increased pan-Asian integration exists but the process is uneven. B...

by Ganeshan Wignaraja | On 24 Dec 2015

Connecting South Asia and Southeast Asia: A Bangladesh Country Study

Economic integration is being inhibited by the poor state of transport connectivity between Bangladesh, and South Asia and Southeast Asia. This study reviews connectivity initiatives of Bangladesh and...

by Mustafizur Rahman | On 23 Dec 2015

Different Paths to Power: The Rise of Brazil, India and China at the World Trade Organization

New powers, such as China, India and Brazil, are challenging the traditional dominance of the US in the governance of the global economy. It is generally taken for granted that the rise of new powers...

by Kristen Hopewell | On 23 Dec 2015

nabling Trade: Increasing the Potential of Trade Reforms

It has become clear that as governments pursue trade facilitation, those that take a “horizontal” approach achieve the most success. This approach involves identifying industries with the highest pote...

by | On 22 Dec 2015

Cricket and Indian National Consciousness

It is recognized that there are close links between sport and politics, and in particular between sport and national consciousness. The Olympic Games and the football, rugby and cricket World Cups hav...

by | On 22 Dec 2015

Tension in the Rolling Hills: Burmese Population and Border Trade in Mizoram

This paper first describes Mizoram’s Burmese population and its integration in Mizo society. It then examines border trade and its implications, with a particular focus on Aizawl’s central market, Bar...

by Julien Levesque | On 22 Dec 2015

The High and Low Politics of Trade

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

by | On 21 Dec 2015

Real Exchange Rate and its Impact on Export, Import and Trade Balance: Is There any J Curve Effect in Bangladesh?

The intention of this paper is to examine whether Real Exchange Rate (RER)depreciation has any impact on export, import and trade balance of Bangladesh. Real exchange rate is calculated using Tk./do...

by Maidul Chowdhury | On 19 Dec 2015

Currency Concerns under Uncertainty: Case of China

This note focus on some aspects relating to China’s currency. The paper discusses the twin surpluses which have been continuing in China’s external payments, especially in relation to trade which went...

by Sunanda Sen | On 18 Dec 2015

A Note on Reserve Currencies with Special Reference to the G-20 Countries

It is most likely that the current reserve currencies will retain their status in the near future, given the persistence in the composition of reserve holdings. However, since we do not have complete...

by Menzie D. Chinna | On 18 Dec 2015

Import Intensity and Its Impact on Exports, Output and Employment

The present paper examines the trends and patterns of import intensity in the whole economy and manufacturing sector in India during 1990s and beyond. The paper also reviews past studies on import int...

by Mahua Paul | On 18 Dec 2015

Exchange Rate Reform in South Sudan

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

by Keith Jefferis | On 18 Dec 2015

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

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

by Smitha Francis | On 18 Dec 2015

India's Sri Lanka Policy: Towards Economic Engagement

India's Sri Lanka policy has built upon economic engagement to cooperate on initiatives of strategic importance. The lesson one can learn from this is the potential of economic linkages to overcome a...

by | On 18 Dec 2015

Accountability for International Nutrition Commitment Initiatives

This paper draws on secondary data to map out a proliferating set of international nutrition commitment initiatives, and assesses how these employ accountability mechanisms to support the delivery of...

by Dolf J.H. te Lintelo | On 17 Dec 2015

Peacekeeping and Peacebuilding in Post-Conflict Environments: A Critical Analysis of the UN Approach in Timor-Leste, Liberia and Nepal

This paper looks at possible alternatives to UN peacekeeping and peacebuilding missions with a view to establishing if there are organizations or other interested parties, which may be more effective...

by | On 17 Dec 2015

Democracy in Bhutan: An Analysis of Constitutional Change in a Buddhist Monarchy

The report attempts to provide a comprehensive overview of the constitutional developments in the Kingdom of Bhutan. Starting from the premonarchy era and looking closely at the different phases of m...

by | On 17 Dec 2015

Politics of UNSC Sanctions: The Issue of Nuclear Weapons Development

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

by | On 17 Dec 2015

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

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

by Ministry of Agriculture GOI | On 17 Dec 2015

Strategic Framework 2013–2017 Global Programme Food Security

Food security and nutrition is a major global challenge. SDC’s Global Programme Food Security(GPFS) represents an innovative initiative of Switzerland in addressing food security and nutrition challen...

by Swiss Agency for Development and Cooperation SDC | On 17 Dec 2015

Tax Revenue Mobilistation In Developing Countries: Issues and Challenges

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

by Mick Moore | On 16 Dec 2015

Aid for Trade 10 Years On – What’s Next?

This paper assesses the achievements and challenges of the World Trade Organization- (WTO) led Aid for Trade Initiative. After listing the achievements, the paper asks what the emphasis of the Initiat...

by | On 16 Dec 2015

Globalisation of Birth Markets; Globalization and Health

This paper places the bio-genetic industry within the larger political economic framework of globalisation and privatisation, thus employing a framework that is often omitted from discussions on ARTs,...

by Sarojini Nadimpally | On 16 Dec 2015

China's Fitful Economic Reforms

Back in 2004, when I ran the Chinadesk at the International Monetary Fund, my team some written questions to Beijing ahead of our meetings with Chinese officials. China’s central bank had claimed that...

by Eswar Prasad | On 16 Dec 2015

How Can Food Subsidies Work Better? Answers from India and the Philippines

This study explores the outcomes of food subsidies to the poor in the case of India and the Philippines. Both countries operate in-kind food subsidy programs with similar mandates, commonalities in...

by Shikha Jha | On 15 Dec 2015

Progress of the World’s Women 2008/2009: Who Answers to Women?

The “Progress of the World's Women 2008/2009: Who Answers to Women?” demonstrates that one of the most powerful constraints on realizing women's rights and achieving the Millennium Development Goals (...

by | On 07 Dec 2015

The Sun Gets Bigger

The government should encourage the use of solar energy.

by T.N. Ninan | On 04 Dec 2015

Trade Liberalization, Labour Law, and Development: A Contextualization

This paper is a literature review that emphasizes institutional analyses of trade law, and explores some of the linkages with the development literature. The paper contends that the development of tra...

by | On 02 Dec 2015

International Migration, Trade and Aid: A Survey

This paper surveys the voluminous literature on migration affecting trade and the somewhat less developed literature linking aid flows to migration. It aims to guide the reader through the two literat...

by | On 27 Nov 2015

A Review of Issues Pertaining to Distribution of Liquefied Petroleum Gas and Superior Kerosene Oil in Bhutan

LPG and Superior Kerosene Oil (SKO), are not only important sources of fuel, but also commodities whose price is subsidized to benefit the people of Bhutan. Therefore, it is important to ensure smooth...

by National Council Economic Affairs Committee | On 27 Nov 2015

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

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

by Anuradha Kumar | On 21 Nov 2015

Regional Trade Openness Index, Income Disparity and Poverty - An Experiment with Indian Data

This study aims to examine how ‘open’ Indian states are with respect to international trade and uses the index of regional openness thus constructed to reflect on several aspects that affect the level...

by | On 19 Nov 2015

Agricultural Outlook and Situation Analysis Reports: Fourth Semi-annual Medium-term Agricultural Outlook Report

This report attempts to compare the latest medium-term projections for wheat, rice, coarse grains, oilseeds, vegetable oils and sugar made by four international institutions (OECD/FAO, USDA, FAPRI, an...

by National Council of Applied Economic Research | On 18 Nov 2015

The Promise and Perils of Participatory Policy Making

This paper examines evidence on the advantages and limitations of participatory governance. The study compares theoretical predictions with the experience of South Africa, where policy-making fora ope...

by | On 04 Nov 2015

Skyrocketing Prices of Pulses and the Agrarian Crisis: Impact of Neo-liberal Policies

This interview with Vijoo Krishnan, Joint Secretary All India Kisan Sabha, on the agrarian crises leading to farmer suicides and rising prices of food grains traces backs the agrarian crises to the ne...

by Vijoo Krishnan | On 02 Nov 2015

Global Employment Trends for Youth 2015

The Global Employment Trends for Youth 2015 provides an update on key youth labour market indicators and trends, focusing both on the continuing labour market instability and on structural issues in y...

by | On 28 Oct 2015

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

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

by Jayati Sarkar | On 19 Oct 2015

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

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

by Rajeswari Sengupta | On 19 Oct 2015

Mr Modi and Mrs Gandhi

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

by T.N. Ninan | On 16 Oct 2015

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

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

by Asian Development Bank Institute | On 16 Oct 2015

The Influence of Industry Financial Composition on the Exports from Pakistan

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

by Aadil Nakhoda | On 16 Oct 2015

Military Build-up in the Indian Ocean: Implications for Regional Stability

As the Indian Ocean region increasingly becomes a more important geopolitical space, global powers and smaller states are laying down their stakes. This paper examines the military build-up of major I...

by | On 15 Oct 2015

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

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

by | On 15 Oct 2015

India’s Food Grain Policies and the Public Distribution System: The Case of Rice. Who Wins, Who Loses, and by How Much?

Indian governments follow highly interventionist policies on food grains, especially rice and wheat. These policies include import and export controls which insulate the domestic market from world mar...

by Garry Pursell | On 14 Oct 2015

Investment in Agricultural Marketing and Market Infrastructure – A Case Study of Bihar

Bihar has lowest per capita income amongst the major states of India and high rate of persistent poverty with social structure fragmented based on caste lines. Therefore present study has been underta...

by | On 14 Oct 2015

Investment in Agricultural Marketing and Market Infrastructure: A Case Study of Bihar

Present study has been undertaken to understand that to what extent reforms measures in terms of repeal of the act has affected investment in agricultural marketing infrastructure. The present s...

by Vijay Intodia | On 14 Oct 2015

The Consumer Protection Bill, 2015

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

by Lok Sabha Secretariat | On 13 Oct 2015

Issues in the Analysis of Global Value Chains and Their Impact on Employment and Incomes in India

This paper deals with issues related to employment and income (decent work) that arise through the integration of Indian production into global value chains. The sectors looked into are labour-intensi...

by | On 12 Oct 2015

Labour, Globalization and Inequality: Are Trade Unions Still Redistributive?

Based on a newly-developed data set combining information on industrial relations and labour law, various dimensions of globalization, and controls for demand and supply of skilled labour, this paper...

by | On 12 Oct 2015

The New Dread-word

The new dread-word is deflation. What does this mean for India? This can cause a threat for domestic producers. This is because of the global situation. We can be prepared and by improving efficiency...

by T.N. Ninan | On 09 Oct 2015

Development Goals in an Era of Demographic Change

The 2015-16 Global Monitoring Report, produced jointly by the World Bank and International Monetary Fund, details the progress the world has made towards global development goals and examines the impa...

by International Monetary Fund [IMF] | On 09 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

The Global Competitiveness Report 2015–2016

The Global Competitiveness Report 2015-2016 presents the rankings of the Global Competitiveness Index (GCI). The GCI is based on 12 pillars that provide a comprehensive picture of the competitiveness...

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

Surviving in Bihar

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

by T.N. Ninan | On 26 Sep 2015

The Social Dimensions of Free Trade Agreements

The report provides a comprehensive review of all existing trade agreements that include social provisions and discusses impacts for enterprises and workers.It also helps assess the challenges for ari...

by International Labour Organiztion [ILO] | On 23 Sep 2015

Geo-economics: Seven Challenges to Globalization

This report from the World Economic Forum’s Global Agenda Council on Geo-economics maps out the challenges that current geo-economic trends pose for globalisation. Findings show that the rise in strat...

by | On 22 Sep 2015

Production, Market Structure and the Role of Public Policy: Foodgrains in the New Economy

Although India’s plans for market reforms and opening up agriculture with earnest optimism and anticipation, every step on the way was laced with caution and deliberation and every action was weighed...

by Nilabja Ghosh | On 21 Sep 2015

Report of the Working Group on Public Distribution System and Food Security for the Tenth Five Year Plan (2002-2007)

This planning commission report on Food Security deals with the changing consumption pattern for food in India and reviews some studies on demand and supply projections for cereals in India. It also e...

by Planning Commission | On 21 Sep 2015

The Bali Agreement: An Assessment from the Perspective of Developing Countries

This paper discusses the different agreements and decisions reached in the Bali Ministerial Conference and the potential implications for the post-Bali work program. The results of the Bali Minister...

by Eugenio Díaz Bonilla | On 16 Sep 2015

From India to the Gulf region: Exploring links between labour markets, skills and the migration cycle

Despite the substantial benefits generated by the migration flow between India-GCC migration flow, many challenges remain to ensure a fairer distribution of the profits. Much has been written on the a...

by | On 15 Sep 2015

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

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

by Keshab Das | On 11 Sep 2015

Driving Across the South Asian Borders: The Motor Vehicle Agreement Between Bhutan, Bangladesh, India and Nepal

The benefits of strengthening physical connectivity in a geographically contiguous region are increasingly being recognised. These links are expected to increase economic activity and people-to-people...

by Anasua Basu Ray Chaudhury | On 07 Sep 2015

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

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

by Pami Dua | On 03 Sep 2015

The Effect of Family Size on Education: New Evidence from China’s One Child Policy

Social scientists theorize that the inverse relationship between socio-economic status and family size represents a trade-off between the quality and quantity of children. Evaluating this hypothesis e...

by Susan Averett | On 26 Aug 2015

Employment and Inequality Outcomes in India

The report takes into account present scenario of urban poverty in India. Incidence of urban poverty can be attributed to lack of development as also to the nature and pattern of development. Importa...

by | On 25 Aug 2015

Has Indian Plantation Sector Weathered the Crisis? A Critical Assessment of Tea Plantation Industry in the Post-reforms Context

the paper provides an overview of the growth and status of Indian tea plantation sector delineating the trends in economic performance in the global context in a historic perspective. It then examine...

by Viswanathan P K | On 25 Aug 2015

Safety First

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

by T.N. Ninan | On 21 Aug 2015

The WTO Agreement on Agriculture and Food Security

This study aims to help identify how a future multilateral agreement on agricultural trade can provide a secure framework within which developing countries can pursue effective policies to ensure thei...

by Stephen Devereux | On 21 Aug 2015

Are Community Forestry Institutions Appropriate for Implementing REDD+? Lessons from Nepal

This paper examines the role of national and sub-national institutions in managing carbon sequestration and trade in Nepal. It first asks whether it is feasible and advantageous to implement REDD+ in...

by Bishnu Prasad Sharma | On 20 Aug 2015

Long Run Trends in Unemployment and Labor Force Participation in China

Unemployment rates in countries across the world are typically positively correlated with GDP. China is an unusual outlier from the pattern, with abnormally low, and suspiciously stable, unemployment...

by Shuaizhang Feng | On 19 Aug 2015

Recent Developments in Myanmar and New Opportunities for Sub-Regional Cooperation: A Bangladesh Perspective

The paper analyses the potential opportunities between Bangladesh and Myanmar stemming from sub-regional cooperation. The paper examines Myanmar’s integration into the regional and global economy toge...

by Debapriya Bhattacharya | On 18 Aug 2015

WTO and Nepal

This publication attempts to study major concepts of WTO and present some perspectives on Nepal’s membership in this rule based global trading organization. The chapters presents an introduction with...

by Nepal Rastra Bank NRB | On 17 Aug 2015

Mahatma Gandhi National Rural Employment Guarantee Act: A Catalyst for Rural Transformation

This report examines changes in the lives of rural households and in the rural economy against the backdrop of changes brought about by the programme. This research report addresses such challenging q...

by Sonalde Desai | On 13 Aug 2015

The Rising Cost of a Healthy Diet – Changing Relative prices of Foods in High- Income and Emerging Economies

In 2014 our previous study ‘Future Diets’ (Keats and Wiggins 2014) described how across the world an increasing share of the population is overweight and obese, with the rate of increase particularly...

by Rafael Moreira Claro | On 12 Aug 2015

Economic Growth, Financial Development and Income Inequality

The central objective of the paper is to empirically examine the relationship between financial development and income inequality. Theoretically, there are grounds for both a positive and negative re...

by Donghyun Park | On 12 Aug 2015

Social Enterprises and Employment: Mainstreaming SMEs and Employment Creation

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

by Leonardo Lanzona | On 12 Aug 2015

The BPO Challenge: Leveraging Capabilities, Creating Opportunities

There may not be a single standard approach to developing the ICT-BPO sector, the successful experiences of developing countries can provide useful insights and practical lessons for countries contemp...

by Fatima Lourdes E. Del Prado | On 12 Aug 2015

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

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

by Naimul Saif | On 11 Aug 2015

Gender Equality and Social Dialogue in India

This paper forms part of a comparative research project that has the objective of demonstrating that gender equality and social dialogue are mutually beneficial fundamental values and crosscutting iss...

by R Madhav | On 11 Aug 2015

Initiatives and Achievements of the Department of Commerce, 2014 - 15

IMF in its World Economic Outlook (WEO) released in April 2015 has projected global growth for 2015 and 2016 to be at 3.5% and 3.8% respectively, a 0.1% increase for 2016 projection from the January 2...

by Ministry of Commerce and Industry Government of India | On 10 Aug 2015

Land Marked by Policy Distortions

Of all the markets in which politicians interfere with prices, the land market is probably the last that will be reformed.

by T.N. Ninan | On 08 Aug 2015

Impacts of the IPR Rules on Sustainable Development

This project aims to assess the impact of IPR rules on economic growth (including investment), environmental protection (including biodiversity) and social goals (including rural development). There w...

by IPDEV . | On 06 Aug 2015

Quality and Accountability in Healthcare Delivery: Audit Evidence from Primary Care Providers in India

This paper presents direct evidence on the quality of health care in low-income settings using a unique and original set of audit studies, where standardized patients were presented to a nearly repres...

by Alaka Holla | 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

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

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

by | On 31 Jul 2015

Resolving the Food Crisis – Assessing Global Policy Reforms Since 2007

The report looks beyond the proclamations and communiqués to assess what has really changed since the crisis erupted. While not exhaustive, the report looks at: Overseas Development Assistance, both i...

by | On 30 Jul 2015

Trafficking in Persons Report

This report, produced by the United States of America's Department of State, catalogues the state of human trafficking as of 2015 across the world.

by Department of State United States of America | On 30 Jul 2015

Liberalizing Trade of Environmental Goods and Services: How to Address the Free-Rider Problem

This paper aims to provide APEC members with evidence-based guidance on the implementation of the APEC mandate. Theoretically, this approach addresses the free-rider problem. Free riders are countries...

by | On 28 Jul 2015

The Defensive Crouch

China and India have approached trade negotiations very differently: the former with confidence, the latter in a defensive crouch.

by T.N. Ninan | On 25 Jul 2015

India: Trade in Healthcare Services

During the last two decades international trade in healthcare services has expanded under the GATS. Increasingly it has acquired new dimensions with application of advanced information and communicati...

by T.P. Bhat | On 23 Jul 2015

How are Firms Responding to Philippine Free Trade Agreements?

The Philippines has been more cautious in its policy toward free trade agreements (FTAs) than other ASEAN member-states, having signed, so far, only one bilateral agreement with Japan in addition to t...

by Rafaelita M. Aldaba | On 20 Jul 2015

Creating Manufacturing Jobs in India: Has Openness to Trade Really Helped?

After following inward oriented economic policies for nearly four decades, India opened up to international trade in the early 1990s. Since then, the trade integration of the Indian economy in general...

by Pankaj Vashisht | On 16 Jul 2015

Promoting Women's Participation in the APEC Economies: Some Recommendations

Increasing women`s economic participation is not yet universally accepted despite three decades of global advocacy; and women empowerment and gender equality are still a work in progress. A mechanism...

by Lucita Lazo | On 26 Jun 2015

Trade Liberalisation and Women’s Employment Intensity: Analysis of India’s Manufacturing

In the context of increasing contribution of developing countries in world trade, an important question is whether trade can be used as an instrument to stimulate higher participation of women in the...

by Purna Banerjee | On 25 Jun 2015

Reflections on India's Emergence in the World Economy

This paper attempts to capture how India embraced the world economy against the backdrop of the evolving domestic and international economic policy environment. It began with a brief overview of the...

by | On 24 Jun 2015

Minimising Selection Failure and Measuring Tax Gap: An Empirical Model

This paper presents an empirical model for minimising selection failure by tax departments in selecting cases for scrutiny assessment. This model also provides a new methodology for estimating tax gap...

by Sudhanshu Kumar | On 23 Jun 2015

Building a Sustainable Agricultural Trade Security System for Kerala

The present Report offers suggestions for the consideration of the Government of India, based on the UN Millennium Goals for Poverty Eradication, as well as on the principle that trade should strength...

by | On 17 Jun 2015

Mid-Year Review of the Indian Economy 2014-15

This economic outlook by NCAER, analyses expected growth, inflation, balance of payments, fiscal balances, savings and investment trends, and covers the state of important sectors of the economy, inc...

by National Council of Applied Economic Research | On 15 Jun 2015

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

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

by Niranjan Sahoo | On 05 Jun 2015

E-Waste in India

Like hazardous waste, the problem of e-waste has become an immediate and long term concern as its unregulated accumulation and recycling can lead to major environmental problems endangering human heal...

by Rajya Sabha | On 04 Jun 2015

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

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

by Elena Briones Alonso | On 02 Jun 2015

Land Markets, Government Interventions, and Housing Affordability

Urban population growth and economic growth require cities to expand into the agricultural land on their periphery. How much land is required for this extension? How much planning and direct intervent...

by Alain Bertaud | On 01 Jun 2015

Report of the Working Group on Agricultural Marketing Infrastructure, Secondary Agriculture and Policy Required for Internal and External Trade for the Twelfth Five Year Plan

Objectives of the Working Group is to empower the farmers to get a higher realization for their produce and a better share of the consumers’ price; recommendations have been made to improve efficiency...

by Planning Commission | On 27 May 2015

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

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

by Ministry of Finance | On 19 May 2015

GST Reforms and Intergovernmental Considerations in India

This paper reviews the replacement of the state sales taxes by the Value Added Tax in 2005 marked a significant step forward in the reform of domestic trade taxes in India. Implemented under the leade...

by | On 19 May 2015

The Trade Union (Amendment) Act, 2001

The Act provides for amendments in Trade Union Act, 1926. The amendments relate to payment of a minimum subscription by members, employment and conditions of unorganised workers.

by Ministry of Labour and Employment GoI | On 13 May 2015

Growth of Indian Agriculture: A District Level Study

The purpose of the study is to extend the period of analysis of the impact of new seed fertiliser technology from 1990-93 to 2003-06. A special significance to economic reforms in India in 1991 is giv...

by Gurmail Singh | On 12 May 2015

Annual Report: 2010-2011

This report of government details on challenges in agriculture sector. There is a need to address these issues as India faces a greater challenge, since with only 2.3% share in world’s total land area...

by Ministry of Agriculture GOI | On 07 May 2015

Nutritional Intake in India (July 2009 - June 2010)

This report presents the information on nutritional intake by the Indian population. Among the different nutrients only three nutrients – viz, calorie, protein and fat – are discussed in this report....

by National Sample Survey Office NSSO | On 05 May 2015

India in Figures 2013

This reports reflects development in the fields of population, Human development index, labour and houses, employment, prices, agriculture, industry.

by Environmental Management & Policy Research Institute | On 24 Apr 2015

Economic Survey of Maharashtra 2014-15

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

by Government of Maharashtra | On 09 Apr 2015

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

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

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

The National Food Security Act (NFSA) 2013 - Challenges, Buffer Stocking and the Way Forward

The paper empirically maps the annual distribution commitment (61.43 MMTs) of the government with the procurement pattern of rice and wheat, for each quarter, to estimate the quarterly operational sto...

by Shweta Saini | On 01 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

BRICS Trade Policies, Institutions and Areas for Deepening Cooperation

This document studies the Trade Policies and Institutions of BRICS, India and BRICS: issues of trade and technology; and examines the scope for deepening cooperation in services among BRICS members. T...

by | On 24 Mar 2015

Towards A Pareto Efficient Indian Agricultural Market - with specific focus on rice and wheat markets

The paper examines the policies of the central as well as state governments with respect to the agricultural market, specifically in rice and wheat markets, analyses their shortcomings and argues for...

by Dr Anandi Subramanian | On 23 Mar 2015

Impact of India-ASEAN Free Trade Agreement: A Cross-Country Analysis using Applied General Equilibrium Modelling

The study attempted to analyse the long-term effects of the FTA on India. It is argued that after full trade liberalization, India’s allocative efficiency will increase, but the terms of trade effect...

by | On 23 Mar 2015

Structural Changes in India’s Foreign Trade

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

by | On 18 Mar 2015

The India–Sri Lanka Free Trade Agreement and the Proposed Comprehensive Economic Partnership Agreement: A Closer Look

The paper provides the Sri Lankan perspective of the Free Trade Agreement (FTA) highlighting both the positive outcomes and the negative aspects. The paper shows that the FTA has worked in favor of Sr...

by Saman Kelegama | On 16 Mar 2015

Free Trade Agreements: Frequently Asked Questions (FAQs)

This FAQ is intended to be a ready reckoner for trade and industry including their associations and bodies; students of international trade, academicians, trade researchers etc for understanding the s...

by | On 16 Mar 2015

Regional Disparities in Growth and Human Development in India

This paper argues that that per capita income in all states in India increased in the past four decades but in fact no sign of convergence could be visible as it was expected in the context of liberal...

by | On 13 Mar 2015

The Fiscal and Welfare Impacts of Reforming Fuel Subsidies in India

This paper evaluates the fiscal and welfare implications of fuel subsidy reform in India. Fuel subsidies are found to be badly targeted, with the richest ten percent of households receiving seven time...

by | On 11 Mar 2015

Economic Survey 2014-15: Vol II

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

by Ministry of Finance | On 28 Feb 2015

Report of the Working Group on Agricultural Marketing Infrastructure, Secondary Agriculture and Policy Required for Internal and External Trade

The report reviews existing agricultural marketing system. It deals with improving efficiency and reducing transaction cost in Agricultural Marketing by strengthening the physical markets, encouraging...

by Planning Commission | On 11 Feb 2015

Agribusiness Franchising in India: Experience and Potential

This paper locates the rationale for franchising in agribusiness from global literature and from the Indian smallholder agricultural context where other ways of reaching small farmers or linking them...

by Sukhpal Singh | On 23 Jan 2015

Trade Policy Uncertainty and the WTO

This paper discusses the impact of WTO commitments on changes in MFN applied tariffs, isolating pure trade policy changes from any other change in the level of protection due to market conditions by f...

by Valeria Groppo | On 22 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

Global Economic Prospects

The report argues the recent setback in global economy and ways to strengthen the growth in developing countries. with a view to undertake growth and recovery in high-income countries, there is need t...

by World Bank | On 14 Jan 2015

Living through Crises : How the Food, Fuel, and Financial Shocks Affect the Poor

The food, fuel, and financial crises that started in 2008 reverberated throughout the global economy, causing job losses; poverty; and economic, financial, and political upheaval in countries all...

by | On 13 Jan 2015

Trade Liberalization, Poverty and Food Security in India

This paper attempts to assess the impact of trade liberalization on growth, poverty, and food security in India with the help of a national level computable general equilibrium (CGE) model. It shows t...

by | On 29 Dec 2014

Food Security and Nutritional scenario of India- An overview

The purpose of this paper is to assess the availability of food to poor and nutritional situation of national households. The growth of production of food grains is 2.12 per cent in 2000-01 to 2010-1...

by | On 26 Dec 2014

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

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

by Vaqar Ahmed | On 22 Dec 2014

Food and Nutrition Security Status in India: Opportunities for Investment Partnerships

Ensuring food and nutrition security is a challenge for India, given its huge population and high levels of poverty and malnutrition. India is a net agricultural exporter, particularly of milk, fruit...

by T. Nanda Kumar | On 18 Dec 2014

A Nutrition Secure India: Role of Agriculture

India continues to suffer from under-nutrition among large sections of its population. The country is unlikely to realise the first millennium development goal by 2015. How can agriculture be us...

by Suneetha Kadiyala | On 18 Dec 2014

Price Movements for Rice and Wheat: A Structuralist Policy Perspective

This paper examines the price movements in rice and wheat, following structuralist principles emphasizing the necessity of long term solutions in combination with short and medium term management. How...

by K U Gopakumar | On 17 Dec 2014

Impediments to Contract Enforcement in Day Labour Markets: A Perspective from India

This paper focuses on one such setting in India's urban informal economy: the 'day labour' market for casual labour. We survey seven such markets in Navi Mumbai (a city on the outskirts of Mumbai),...

by Karthikeya Naraparaju | On 12 Dec 2014

Regionalization of Labour Reform Process: The Fabian strategy

The President of India signed a revised set of labour laws from Rajasthan into state law. The Rajasthan government has revised the Factories Act, the Industrial Disputes Act and the Contract Labour Ac...

by K.R. Shyam Sundar | On 02 Dec 2014

Food Price Subsidies and Nutrition: Evidence from State Reforms to India’s Public Distribution System

It investigate whether food price subsidies affect household nutrition using a dramatic expansion of the availability of subsidized rice in the Indian state of Chhattisgarh in the early 2000’s. Hous...

by Prasad Krishnamurthy | On 28 Nov 2014

Poverty-Hunger Divergence in India

The usual explanations for the divergence between calorie intake and consumption expenditure in India ignore the enormous squeeze on food budgets arising from dispossession (leading to loss of a...

by Deepankar Basu | On 28 Nov 2014

Agricultural Transformation and Food Security in India: Lessons for Southeast Asia

This article seeks firstly to look at the three aspects of food security in India, viz., food availability, accessibility, and absorption. Secondly, an attempt has been made to study food security in...

by Reshmi Banerjee | On 27 Nov 2014

Global Report on Trafficking in Persons

The exploitation of one human being by another is the basest crime. And yet trafficking in persons remains all too common, with all too few consequences for the perpetrators. Trafficking happens every...

by United Nations Drugs and Crime | On 26 Nov 2014

Enhancing the Nutrition-Sensitivity of Agricultural Development Interventions in the Eastern Gangetic Plains: Challenges and Options

This background paper aims first is to outline the rationale and merits for enhancing the nutrition-sensitivity of agricultural interventions in general, highlighting recognised pathways which lin...

by Toni Darbas | On 20 Nov 2014

Global Slavery Index 2014

This is the second edition of the Global Slavery Index (‘the Index’) which provides estimates the number of people in modern slavery in 167 countries. The Index estimates there are 35.8 million people...

by Walk Free Foundation | On 18 Nov 2014

Global Nutrition Report 2014

This Global Nutrition Report is the first in an annual series. It tracks worldwide progress in improving nutrition status, identifies bottlenecks to change, highlights opportunities for action, and co...

by Independent Expert Group (IEG) | On 17 Nov 2014

Prioritizing Demand-Driven Agricultural Research for Development in India

India has shown an impressive economic growth of about 8 percent per year in the last decade. But the coexistence of impressive growth with widespread poverty and hunger is a real worry and a seri...

by Asia-Pacific Association of Agricultural Research Institutions | On 12 Nov 2014

WTO Promotes Trade "strongly, but unevenly"

This paper furnishes robust evidence that the WTO has had a strong positive impact on trade, amounting to about 120% of additional world trade (or US$ 8 trillion in 2000 alone). The impact has, howeve...

by Arvind Subramanian | On 22 Oct 2014

Currency Undervaluation and Sovereign Wealth Funds: A New Role for the World Trade Organization

Two aspects of global imbalances - undervalued exchange rates and sovereign wealth funds - require a multilateral response. This paper proposes new rules in the World Trade Organization to discipline...

by Prachi Mishra | On 22 Oct 2014

Eclipse: Living in the Shadow of China’s Economic Dominance

In this book, Arvind Subramanian presents the following possibilities: What if, contrary to common belief, China's economic dominance is a present-day reality rather than a faraway possibility? What i...

by Arvind Subramanian | On 20 Oct 2014

A “Greenprint” for International Cooperation on Climate Change

International negotiations on climate change have been dogged by mutual accusations between industrialized and developing countries, shrinking global carbon budget and change in power relations as a r...

by Aaditya Mattoo | On 20 Oct 2014

The Soya Project: Farm Evangelists

In 2008, two earnest young men set out to boost soya bean yields in the semi-arid region of Bundi in Rajasthan. Rainfall there is meagre and the soil lacks nutrients. But there are ready buyers for so...

by Civil Society | On 20 Oct 2014

Four Changes to Trade Rules to Facilitate Climate Change Action

The tension between trade and climate change has arisen in part because of the assumption that climate change action (e.g., carbon price increases) can be taken as a given. The question that many pape...

by Aaditya Mattoo | On 20 Oct 2014

Fighting Child Malnutrition

India has the dubious distinction of having the highest burden of malnutrition in the world – higher than Sub-Saharan Africa. Nearly 50 per cent of our children are underweight and stunted and 70...

by National Academy of Agricultural Sciences, India | On 16 Oct 2014

Analytics of Food Inflation in India

Food inflation in India has remained stubborn in recent years. A number of proximate factors such as increasing demand particularly arising from higher rural wages, rising agricultural cost of produ...

by Thangzason Sonna | On 14 Oct 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

Food Security and Nutrition: Vision 2020

The concept of food security has undergone considerable changes in recent years. Food availability and stability were considered good measures of food security till the seventies and the achievement o...

by K. Venkata Reddy | On 18 Sep 2014

SEWA: Supporting Village-Level Organizations to Improve Rural Livelihoods

In spite of the rapid growth of the Indian economy, the fraction of the rural population living in poverty has declined only modestly. Increasing indebtedness, rises in input prices, and rapid commerc...

by Raj M. Desai | On 17 Sep 2014

Scaling up Agricultural Supply Chains in the Private Sector

This brief is one of series on scaling up in agriculture, rural development, and nutrition. PepsiCo is a global business operating in more than 200 countries and territories and rooted in creating and...

by Beth Sauerhaft | On 17 Sep 2014

Production, Procurement and Inflation: A Market Model for Food Grains

Rapid rise in the price of food grains and their continued upsurge is a matter of concern for not only the government and policy makers but also for all concerned with social welfare. This is particul...

by Gopakumar K.U. | On 15 Sep 2014

Rising Food Prices in South Asia: A Policy Framework to Mitigate Adverse Effects

The global economic crises that started in 2008 have exposed commodity markets to increasing price volatility and raised concerns for higher inflation, food security and poverty reduction. This seri...

by S.Mahendra Dev | On 12 Sep 2014

Background Paper on Issues related to Land Economics - Urbanisation, Development and Housing Requirements in the National Capital Region (NCR)

The mechanism adopted to keep the rise in property prices under check until 2000 was the active participation of the public sector in keeping supply ahead of demand. This seems to have worked well in...

by Jatinder S. Bedi | On 08 Sep 2014

Economic Implications of Deeper South Asian–Southeast Asian Integration

South and Southeast Asian economic integration via increased trade flows has been increasing significantly over the past 2 decades, but the level of trade continues to be relatively low. This under pe...

by Ganeshan Wignaraja | On 22 Aug 2014

Budget 2014-15: The Continuing Neglect of the 'Rural'

The Union Budget remains significant for the agricultural sector in the country for at least the following two reasons. First, the budget comes in the background of an agrarian crisis in the country,...

by Arindam Banerjee | On 04 Aug 2014

Three Blind Men and an Elephant: The Case of Energy Indices to Measure Energy Security and Sustainability

An 'Energy Index', which is aggregated from energy indicators is a rich source of information and is helpful in providing an assessment of a country's performance. This has, however, resulted in mus...

by Kapil Narula | On 24 Jul 2014

BCIM Economic Corridor: Prospects and Challenges

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

by Pravakar Sahoo | On 15 Jul 2014

The Market Valuation of Innovation: The Case of Indian Manufacturing

The relationship between market value and innovation in the context of manufacturing firms in India was analysed, using data for 2001-2010. In a milieu where most firms do not patent, the concern was...

by Sunil Kanwar | On 10 Jun 2014

Globalisation, Child Labour and Development Policies: A Theoretical Analysis

Incidence of child labour is a disturbing feature of an emerging market econ¬omy. In the present article, the authors try to explore whether globalization policies, namely, agricultural trade liberali...

by Rakhi Banerjee | On 09 Jun 2014

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

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

by Parliamentary Research Service PRS | On 05 Jun 2014

Connecting South Asia to Southeast Asia: Cross-Border Infrastructure Investments

Most of the trade between South Asia and Southeast Asia is by sea. However, with improved infrastructure and easier border crossing procedures, land traffic could grow to boost trade in goods, service...

by Jean-Francois Gautrin Gautrin | On 02 Jun 2014

Price, Markups and Trade Reforms

This paper examines how prices, markups and marginal costs respond to trade liberalization. Multi-product firms are used in the study. [BREAD WP No. 418].

by Jan De Loecker | On 02 Jun 2014

Industrial Unrest: Past trend and & Lessons for Future

This paper highlights the trends of industrial unrest in India, and their frequency in the post-liberalisation period. It plots a chart of the instances of union unrests and links it to the various in...

by All India Employers | On 23 May 2014

Organised Labour and Economic Liberalisation India: Past, Present and Future.

This paper examines the role of organised labour in India in a structural and historical context. It attempts to trace the economic, political and social effects of the trade union movement and its st...

by Debashish Bhattacharjee | On 23 May 2014

India’s Agricultural Trade Policy and Sustainable Development

During the last six decades or so Indian agriculture has made remarkable progress with food grain production growing five fold from about 50 MMT in 1950 to more than 250 MMT in 2012. Despite the incre...

by Anwarul Hoda | On 29 Apr 2014

Addressing the Global Food Crisis: Key trade, investment and commodity policies in ensuring sustainable food security and alleviating poverty

The recent global food crisis can be seen as a wake-up call which can be turned into an opportunity by developing countries and the international community to revitalize global agriculture producti...

by United Nations Conference on Trade and Development | On 22 Apr 2014

The Economic Cost of General Strikes in Nepal

This paper reviews the key aspects of general strikes and analyses the economic cost of such strikes in Nepal. Data analysis shows that average direct cost of general strikes stood at NRs. 1.8 billi...

by Min Bahadur Shrestha | On 11 Apr 2014

The State of Food Insecurity in the World : Addressing food insecurity in protracted crises

The number and proportion of hungry people in the world are declining as the global economy recovers and food prices remain below their peak levels, but hunger remains higher than before the foo...

by World Food Programme WFP | On 04 Apr 2014

Food Prices and Child Nutrition in Andhra Pradesh

This paper makes an attempt to assess the impact of food price rise on the nutritional status of children of five year old. Young lives panel data provides the nutritional status of the children whe...

by S. Galab | On 27 Mar 2014

Price Transmission and Market Power in Modern Agricultural Value Chains

Price transmission is theoretically examined and how exogenous consumer price shocks (triggered for instance by income changes, global shocks, or by changes in consumer preferences) are transmitted to...

by Johan F.M. Swinnen | On 20 Mar 2014

Environmental Goods and Services: Issues for Negotiations for India

Liberalisation of trade in environmental goods and services (EGS) has become a key issue at the complex and rapidly developing trade and environment interface. The World Trade Organisation (WTO) at it...

by Vijaya Katti | On 12 Mar 2014

Quantifying Trade Barriers: Has Protection Declined Substantially In Indian Manufacturing?

This paper makes an attempt to quantify the trade barriers operating in Indian industry in order to understand whether protection levels actually decrease following trade liberalization. In particular...

by DEB DAS | On 11 Mar 2014

Enhancing The Competitiveness Of Smes Through Industrial Clusters: The Indian Experience

The Indian economy is expected to grow by over 8 per cent per annum until 2020 and can become the second largest in the world, ahead of the United States, by 2050, and the third largest after China an...

by S.P. Parashar | On 11 Mar 2014

Measuring Value In Global Value Chains

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

by Rashmi Banga | On 10 Mar 2014

Global Value Chains And Development

Global trade in goods and services, which today amounts to more than $20 trillion, includes a significant amount of double counting. Raw material extracted in one country may be exported first to a se...

by United Nations Conference on Trade and Development | On 10 Mar 2014

Combating Youth Unemployment in India

This study discusses in depth the youth unemployment "problem" in India and the reasons behind it. Despite its demographic dividend and increased literacy levels, India faces youth unemployment as a...

by Pravin Sinha | On 08 Feb 2014

Determinants of Clusters in Indian Manufacturing: The Role of Infrastructure, Governance, Education, and Industrial Policy

This paper investigates the determinants of spatial concentration and entry within manufacturing across states in India. Using an unbalanced panel of 180 industries spread across 16 major Indian sta...

by Ana M. Fernandes | On 30 Jan 2014

National Food Security Bill Challenges and Options

Despite ensuring ample availability of food, existence of food insecurity at the micro-level in the country has remained a formidable challenge for India. The recently introduced National Food Securit...

by Ashok Gulati | On 23 Jan 2014

Factors Driving Drug Abuse in India’s Punjab

This paper explores the phenomenon of drug abuse among the youth of Punjab, India. In aiming to identify the factors influencing the problem, the paper focuses on the importance of the exceptional asp...

by Rahul Advani | On 22 Jan 2014

India, Bangladesh and Nepal: Learning Lessons, Facing Challenges.

In many ways, India is kindred with its two neighbors, Bangladesh and Nepal. Whether it is in geography I or demographics, infrastructure or economic issues, or poverty and human development, these th...

by Jayshree Sengupta | On 21 Jan 2014

Bilateral Trade and Food Security

We analyze the relationship between food security and trade, focusing on food importers’ exposure to sudden market failures from relying on a narrow range of international suppliers. We compute a bil...

by Douglas H. Brooks | On 20 Jan 2014

Invisible Trade Barriers: Trade Effects of US Antidumping Actions Against the People’s Republic of China

We conduct an empirical analysis on the impact of the United States (US) antidumping actions against the People’s Republic of China (PRC) on the bilateral trade and US imports from other trade partner...

by Minsoo Lee | On 20 Jan 2014

Growth and Redistribution: Is there 'Trickle Down' Effect in the Philippines?

The aim of this research is to explore the determinants of household income and expenditure growth, and assess whether the poor are benefitting from economic development. Using regression analysis,...

by Danileen Kristel C Parel | On 17 Jan 2014

The World Trade Organization and the Post-Global Food Crisis Agenda

This policy note offers a preliminary assessment of the compatibility between the WTO and efforts to protect the human right to adequate food as part of the post-crisis food security agenda. Existing...

by Olivier Schutter | On 02 Dec 2013

Child Work and Schooling in Rural North India: What do Time Use Data Say about Tradeoffs and Drivers of Human Capital Investment?

This study examines time use data for 1244 children in the age-group 6-12 years in 274 villages in eight states in rural north India to understand the tradeoffs between time spent in school, time sp...

by Sudha Narayanan | On 02 Dec 2013

China-ASEAN Relations: Consensus on Principles, Differences on Specifics

ASEAN, for China, is the focal point for Chinese diplomacy with Southeast Asian countries. Beyond ASEAN, China’s overall relations with Russia, Central Asia and most South Asian countries are relative...

by Chaobing Qiu | On 29 Nov 2013

Remoteness and Unbalanced Growth: Understanding Divergence Across Indian Districts

The existing literature on Indian growth finds no evidence of convergence across states. This represents a puzzle given the relatively free flows of capital, labor and commodities across state borde...

by Samarjit Das | On 27 Nov 2013

The Future of the World Trade Organization

The continued difficulties of the World Trade Organization to achieve further multilateral trade liberalization in the Doha Round negotiations have raised questions about its continued relevance. This...

by Biswajit Dhar | On 19 Nov 2013

Regional Comprehensive Economic Partnership: Reform Challenges and Key Tasks for the Philippines

The paper calls the attention of policymakers to address critical constraints affecting the effective utilization of free trade agreements, growth, trade facilitation and customs administration, servi...

by Gilberto M. Llanto | On 15 Nov 2013

Southeast Asia’s Food Security Challenge: More than ‘Stock’ Solution Needed

Countries in Southeast Asia face a fresh challenge to their food security as food consumption patterns change, and reliance on imports increases to meet such shifts. Consequently, they may be left wit...

by Belinda Chng | On 01 Nov 2013

Trade, Tastes and Nutrition in India

This paper introduces habit formation into an otherwise standard model of international trade. The liberalization of internal agriculture trade in India will generate short-run caloric losses unless...

by David Atkin | On 23 Oct 2013

Asymmetric Information and Middleman Margins: An Experiment with West Bengal Potato Farmers

A study middleman margins, trading mechanisms and the role of asymmetric information about prices between potato farmers and local trade intermediaries, in West Bengal, India is conducted. Farmers in...

by Sandip Mitra | On 23 Oct 2013

Comparing Urbanization in India and China: A Study

China and India are in the vanguard of a wave of urban expansion that is restoring the global prominence that Asia enjoyed before the European and North American industrial revolution. Never before i...

by Richard Dobbs | On 15 Oct 2013

Welfare and Poverty Impacts of India’s National Rural Employment Guarantee Scheme: Evidence from Andhra Pradesh

India’s National Rural Employment Guarantee Scheme (NREGS) is one of the largest public works programs globally. Understanding the impacts of NREGS and the pathway through which its impacts are realiz...

by Songqing Jin | On 14 Oct 2013

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

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

by Mohammad Irfan | On 05 Sep 2013

Statement by Dr. Raghuram Rajan

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

by Sabeeta Badkar | On 05 Sep 2013

Food Prices, Wages, and Welfare in Rural India

This paper considers the welfare and distributional consequences of higher relative food prices in rural India through the lens of a specific-factors, general equilibrium, trade model applied at the...

by Hanan G Jacoby | On 22 Aug 2013

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

Role of Culture in Celebrity Endorsement: Brand Endorsement by Celebrities in Indian Context-A Review, Synthesis and Research Propositions

This paper uses the lens of culture to develop propositions on how customer attitude towards celebrity endorsements is a function of cultural parameters in emerging countries like India. [W.P. No. 201...

by . Abhishek | On 08 Aug 2013

Obituary: Veena Mazumdar (1927-2013)

Obituary: Veena Mazumdar (1927-2013)

by Vibhuti Patel | On 31 Jul 2013

Perils of the Drug Trade: Implications and Challenges of Central Asia’s “Northern Route”

The international trade in Afghan drugs is one of the most significant transnational threats emanating from Central Asia. Exacerbated by weak border management, corruption, and lack of income-generat...

by Lars-Erik Lundin | On 26 Jul 2013

Breaking New Ground: Enacting a National Land Use Policy

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

by Senate Economic Planning Office SEPO | On 24 Jul 2013

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

The Political Economy of Food Pricing Policy in China

The overall goal of this paper is to analyse the political economy of food price policies in China during the global food crisis. The results show that given China’s unique economic and political co...

by Jikun Huang | On 18 Apr 2013

Federal Budget Pakistan: 2012-13

Budget speech by Minister of Finance. [Ministry of Finance]. URL:[http://www.finance.gov.pk/budget/budget_Speech_12_13.pdf].

by Minister of Finance Pakistan | On 22 Mar 2013

Nine years later…

Is the Finance Minister going to do a salvage operation? [BS week end ruminations].

by T.N. Ninan | On 27 Feb 2013

Target the Beneficiaries in the 2013-14 Budget

In spite of several programmes in the country to reduce undernutrition, India continues to have a large number malnourished women and children. In the coming Budget the government has to make some eff...

by Rudra Narayan Mishra | On 26 Feb 2013

Indian Special Economic Zones: The Difficulties of Repeating China’s Triumph

New Delhi launched its SEZ revolution in April 2000 to secure the country a two digit growth rate, copying from China what during the previous two decades proved to be an excellent strategy, this pa...

by Claudia Astarita | On 21 Feb 2013

Self-Employment in China: Are Rural Migrant Workers and Urban Residents Alike?

This paper studies differences in the motivation to be self-employed between rural migrants and urban residents in modern China. Estimates of the wage differential between selfemployment and paid-empl...

by Yuling Cui | On 13 Feb 2013

A Comparison of the IPC, Criminal Law (Amendment) Bill 2012, Justice Verma Committee and Criminal Law (Amendment) Ordinance 2013

A comprehensive chart mapping legal developments regarding sexual offences developed and published by Lawyers' Collective.

by Lawyers Collective | On 07 Feb 2013

Positive and Normative Aspects of Food Policy and the Market in Indian Agriculture-An Empirical Analysis of Government Policy Interventions in Food Management

There are discussions about food management and food policy issues in India in the backdrop of largely unchanging dynamics of slow growth of the farm sector in India. First we deal with the manner in...

by Munish Alagh | On 30 Jan 2013

Trade in Health Services in South Asia: An Examination of the Need for Regional Cooperation

This study was conducted in three South Asian countries viz: India, Bangladesh and Nepal. The study examines the opinions of patients, hospitals owners and doctors involved in this service trade. A to...

by Arindam Banik | On 22 Jan 2013

Kerala-The Land of Development Paradoxes

An attempt has been made to understand the paradoxes of Kerala's development like the state's per capita consumer expenditure is more than the per capita state domestic product. But the nutritional i...

by K.K. George | On 18 Dec 2012

Indian Antidumping Measures against China: Evidence from Monthly Trade Data

This paper provides a detailed analysis of trade flows between the two emerging economies and investigates on which type of products and in which sectors the Indian government applies antidumping m...

by Hylke Vandenbussche | On 23 Nov 2012

Review of Input and Output Policies for Cereals Production in Pakistan

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

by Abdul Salam | On 16 Nov 2012

Foreign Investment in Farmland No Low-hanging Fruit

A key driver of foreign investment in land, food security is a challenge mankind has been confronted with in various times and places. Wherever human societies have developed, growing needs have led t...

by Claire Schaffnit Chatterjee | On 15 Nov 2012

Co-movement of Skill Premium and Stock Prices

We examine the empirical phenomenon of co-movement of skill premium and share prices by appealing to the techniques of cointegration. The US data (1984--2010) reveals that stock prices and skill premi...

by Kausik Gangopadhyay | On 05 Nov 2012

WEATHER SHOCKS, SPOT AND FUTURES AGRICULTURAL COMMODITY PRICES: AN ANALYSIS FOR INDIA

We analyze the impact of climate shocks on price formation in spot and futures market for food in India where until the recent introduction of commodity futures markets in 2005, the transmission of th...

by N R Bhanumurthy | On 05 Nov 2012

MULTI-MARKET COLLUSION WITH TERRITORIAL ALLOCATION

This paper develops a super game model of collusion between price-setting oligopolists located in different markets separated by trade costs. The firms produce a homogenous good and sustain collusion...

by Aditya Bhattacharjea | On 05 Nov 2012

Demographics, Labor Mobility, and Productivity

This paper considers two major issues that need to be treated as matters of urgency. First, internal (within country) migrations in the Asian (ACI) region are mostly undocumented and large. It is show...

by E J Wilson | On 05 Nov 2012

Mapping Exercise of Home Based Workers in Maharashtra

Home-based work has a much wider scope of activity than the singular task of an individual working from his/her home. This essential service is tied in with a larger chain of forward and backward lin...

by Indira Gartenberg | On 16 Oct 2012

Notional Contracts: The Moral Economy of Contract Farming Arrangements in India

This study examines the moral economy of firm-farmer contracts in contract farming schemes in India, bringing together data from field surveys, conducted between 2007 and 2010, of 42 agribusinesses a...

by Sudha Narayanan | On 20 Sep 2012

Food Subsidy in India: Trends, Causes and Policy Reform Options

This paper analyses the trends in volume of food subsidy in the post-reforms period (1991-92 to 2012-13) and then examines various components of food subsidy, which are under the control of FCI and th...

by Vijay Paul Sharma | On 20 Sep 2012

Gender Impact of Trade Reforms in Indian Plantation Sector: An Exploratory Ananlysis

This paper examines the potential gender impacts of the trade reforms in plantation agriculture in the emerging context of the two prominent FTAs, viz. the Indo-ASEAN and the proposed EU-India FTA....

by Viswanathan P K | On 14 Sep 2012

Economic and Financial Developments in Odisha

The economic and financial structure of Odisha is highlighted. Various financial inclusion initiatives are taken by the Reserve Bank with a particular reference to Odisha. The macroeconomic policy cha...

by Deepak Mohanty | On 22 Aug 2012

The Protection of Women Aganist Sexual Harassment at Work Place Bill, 2010

A bill to provide protection against sexual harassment of women at workplace and for the prevention and redressal of complaints of sexual harassment and for matters connected therewith or incidental...

by Parliamentary Research Service PRS | On 17 Aug 2012

Mango Travellers Stealing Rural Jobs

Mangoes from Andhra Pradesh reach everywhere in India. This has caused the conversion of large tracts of paddy fields into mango farms in Andhra. It affects the rural employment. Use of chemicals to r...

by Alex George | On 14 Aug 2012

Vital Stats: Pricing of Petroleum Products

Government owned Oil Marketing Companies (OMCs) raised the price of petrol on 23rd May 2012. After the inclusion of local taxes, this amounted to a hike of Rs 7.54 per litre in Delhi. A snapshot of t...

by Karan Malik | On 24 Jul 2012

Obituary: Mrinal Gore (1928-2012)

Obituary: Mrinal Gore (1928-2012)

by Vibhuti Patel | On 23 Jul 2012

Evolution of Model Concession Agreement for National Highways in India

This paper discusses the evolution of Model Concession Agreement for National Highways, the vital framework on which the success of Public Private Partnership lies. The key learnings of this study wou...

by Ramakrishnan T S | On 18 Jul 2012

New Thinking on Corporate Bond Market in India

What are major factors behind underdevelopment of corporate bond market in India? One of the major bottlenecks to the development of this market lies in relatively larger costs of financing which diss...

by Sanjay Banerji | On 17 Jul 2012

Reexamining the Finance–Growth Relationship for a Developing Economy: A Time Series Analysis of Post-reform India

The cross-country empirical literature on the finance-growth relationship has debated three propositions: (i) financial deepening has a strong impact on the growth process; (ii) measures of financia...

by Sabyasachi Kar | On 13 Jul 2012

Engaging Small and Medium Enterprises in Production Networks: Firm-level Analysis of Five ASEAN Economies

The Association of Southeast Asian Nations (ASEAN) small and medium enterprises (SMEs) are under scrutiny for their engagement in production networks following recent emphasis on increasing intra-reg...

by Ganeshan Wignaraja | On 06 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

Inclusive National Accounts: Introduction

An outline of what would be ideally needed for a comprehensive set of national accounts is given. National governments and international agencies ought ideally to go even beyond green national accoun...

by Partha Dasgupta | On 22 Jun 2012

Philippine Productivity Dynamics in the Last Five Decades and Determinants of Total Factor Productivity

The paper reviews the economic growth and productivity dynamics of Philippine economy in the past fifty years. The paper also provides an estimation of determinants of total factor productivity and la...

by Gilberto M Llanto | On 29 May 2012

Asset Price Bubble and Banks: The Case of Japan

This paper analyses the behaviour of the Japanese banks at the outset of the asset price bubble in the late 1980s. The paper argues that with the advent of financial deregulations, the declining trend...

by Hossain Monzur | On 29 May 2012

Black Money

The objective of this paper is to place in the public domain various facets and dimensions of black money and its complex relationship with the policy and administrative regime in the country. The pa...

by Ministry of Finance | On 22 May 2012

One Planet to Share: Sustaining Human Progress in a Changing Climate

In the run-up to Rio+20, this Asia-Pacific Human Development Report takes a bold look at climate change and what can be done about it. Tackling head-on the issue of poverty reduction and human deve...

by United Nations Development Programme UNDP | On 21 May 2012

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

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

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

Dispute Settlement in the WTO, Developing Countries and India

The paper undertakes an examination of the experience of developing countries with dispute settlement vis-à-vis developed countries during the 17 years since the entry into force of the WTO Agreement....

by Anwarul Hoda | On 08 May 2012

The Political Economy of Deforestation in the Tropics

Tropical deforestation accounts for almost one-fifth of greenhouse gas emissions worldwide and threatens the world.s most diverse ecosystems. The prevalence of illegal forest extraction in the tropi...

by Robin Burgess | On 08 May 2012

Developing Asia’s Pension Systems and Old-Age Income Support

A broad overview of the current state of pension systems in the People’s Republic of China, Indonesia, Republic of Korea, Malaysia, Philippines, Singapore, Thailand, and Viet Nam is provided. An anal...

by Donghyun Park | On 30 Apr 2012

The People’s Republic of China’s High-Tech Exports: Myth and Reality

The PRC’s leading position in high-tech exports is a myth created by outdated trade statistics which are inconsistent with trade based on global supply chains. It is argued that a value-added-based ap...

by Yuqing Xing | On 27 Apr 2012

An Assessment of Inflation Modelling in India

This study analyses India’s inflation using the Phillips curve theory. To estimate an open-economy Phillips curve, we need three variables: (1) inflation (2) the output gap and (3) the real effective...

by Karan Singh | On 26 Apr 2012

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

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

by Guillaume P Gruere | On 25 Apr 2012

Audio-visual Services: International Trade and Cultural Policy

The audiovisual sector is a significant component of the economy in terms of wealth creation and employment and audiovisual industries also play an important cultural role. This study reviews the main...

by Gillian Doyle | On 20 Apr 2012

Audiovisual Services in Korea: Market Development and Policies

This paper reviews economic development and the regulatory environment of audiovisual services in the Republic of Korea (hereafter, Korea). The paper specifically examines motion pictures and broadcas...

by Yeongkwan Song | On 19 Apr 2012

The BRICS Report: A Study of Brazil, Russia, India, China, and South Africa with Special Focus on Synergies and Complementarities

Th is study, which is supported by the ministries of fi nance and the central banks of the BRICS, focuses on synergies and complementarities between the economies, highlighting their role as growth ...

by Ministry of Finance | On 18 Apr 2012

Innovative Approaches to Managing Longevity Risk in Asia: Lessons from the West

This paper discusses what is longevity risk, why it is important, approaches used by the West to manage longevity risk and what lessons can be learnt by Asian countries from the experiences of the Wes...

by Amlan Roy | On 18 Apr 2012

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

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

by Riaz Riazuddin | On 13 Apr 2012

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

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

by Michael D Bordo | On 13 Apr 2012

Monetary Transmission in Pakistan: The Balance Sheet Channel

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

by Safia Shabbir | On 09 Apr 2012

Highlights of Madhya Pradesh Budget 2012-13

The salient features of the budget estimates of 2012-13 of Madhya Pradesh. [Ministry of Finance Madhya Pradesh]. URL:[http://www.mp.gov.in/finance/index.htm].

by Madhya Pradesh Government | On 04 Apr 2012

Policy and Processes that Enable Honey Export: A Case Study from India

India started exporting a small amount of honey in 1991-1992 and has now established itself as an important honey exporter to the world market. The quantity exported has increased substantially, and t...

by Harish K Sharma | On 02 Apr 2012

Price and Income Elasticity of Imports: The Case of Pakistan

The paper estimates the elasticity of Imports with respect to relative prices and income for Pakistan from 1971 to 2009. What distinguishes this paper from the earlier studies is the use of robust est...

by Khurram Ashfaq Baluch | On 30 Mar 2012

Uses and Misuses of Statistics

Statistics is used in our day to day life. Examples are there to show that statistics is misused in many. This can happen when people are information illiterate. [Address at DST-CIMS, BHU on Mar 20, 2...

by Chakrabarty K C | On 27 Mar 2012

Odisha Budget Speech 2012-13

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

by Government of Orissa | On 27 Mar 2012

BMC Budget 2012-13

Budget presented to Municipal Commissioner. . [BMC Annual Reports]. URL:[http://www.mcgm.gov.in/irj/go/km/docs/documents/MCGM%20Department%20List/Chief%20Accountant%20(Finance)/Budget/Complete%20Engli...

by Municipal Commissioner BMC | On 22 Mar 2012

Close Eye or Closed Eye: The Case of Export Misinvoicing in Bangladesh

The effect of export subsidies on the under-invoicing of exports in Bangladesh is analyzed. In a framework that allows for unobserved heterogeneity among importing countries and product specificities,...

by Pranav Kumar Gupta | On 16 Mar 2012

Budget Speech 2012-2013: India

Speech of Pranab Mukherjee Minister of Finance, India. [Budget Speech]. URL:[http://indiabudget.nic.in/ub2012-13/bs/bs.pdf].

by Pranab Mukherjee | On 16 Mar 2012

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

State of the Economy and Prospects: chapter 1

Economic Survey-Chapter1. [Economic Survey]. URL:[http://indiabudget.nic.in/survey.asp]

by Pranab Mukherjee | On 15 Mar 2012

Outline of the 12th Five Year Plan: Plan for Development of Trade in Services

To greatly develop trade in services and realize the transition from a big trade country to a strong trade country, the 12th Five Year Plan is formulated based on Outline of the 12th Five Year Plan f...

by Ministry of Commerce China | On 15 Mar 2012

State of Indian Agriculture 2011-12

The report reviews the status and performance of agriculture, especially during the last two decades, and also presents what could be the way forward, given our objectives of accelerated growth, inc...

by Ministry of Agriculture GOI | On 14 Mar 2012

Services as a New Engine of Growth for ASEAN, the People’s Republic of China, and India

The purpose of this report is twofold. First, a compendium of relevant data is presented on the state of the services sector in the ACI (ASEAN, PRC and India) countries, focusing on its contribution t...

by Ben Shepherd | On 12 Mar 2012

Final Report-Water Security and Climate Change: Challenges and Strategies

The main objectives of this seminar has been to contribute to the understanding of the development processes and problems related to water security and climate change; to focus on studies relating t...

by Gursharan Singh Kainth | On 12 Mar 2012

The Global Race for Excellence and Skilled Labour: A Status Report

In this context, higher education as well as research and development (R&D) have long since ceased to be purely the domain of the developed Western economies. Numerous regions of the world, some in th...

by Ingo Rollwagen | On 09 Mar 2012

Tax Policy in Developing Countries: Looking Back and Forward

The changing nature of tax policy in developing countries over the last 30 years is reviewed and studied the factors determining the level and structure of tax revenues in such countries and how such...

by Roy Bahl | On 07 Mar 2012

The End of the “Liberal Theory of History”? Dissecting the U.S. Congress’ Discourse on China’s Currency Policy

In the last ten years, economic issues related to currency policy have become the major ongoing dispute between China and the U.S. Especially the U.S. Congress is stridently demanding a tougher poli...

by Nicola Nymalm | On 01 Mar 2012

Working of Livestock Exchange Markets in Rajasthan

Livestock sector is an integral part of India’s agriculture and an important part of the whole economy with reference to employment, income and earning of foreign exchange for the country. The growth...

by Ministry of Agriculture GOI | On 01 Mar 2012

Capital Accumulation and Convergence in a Small Open Economy

Outward-oriented economies seem to grow faster than inward-looking ones. Does the literature on convergence have anything to say on this? In the dynamic Heckscher-Ohlin-Samuelson model, with factor-pr...

by Partha Sen | On 28 Feb 2012

Subsidizing the National Food Authority: Is It a Good Policy?

National Food Authority's (NFA) twin mandate of price stabilization and food security has cost the government billions of pesos in losses over the past few decades. As such, there is a need to ...

by Senate Economic Planning Office SEPO | On 28 Feb 2012

Review of Macroeconomic Methods and Microeconomic Valuation Methods Applied in the Natural Resources and Environment Sector

The general objective of the paper is to review the different macroeconomic models and microeconomic valuation methods applied in the analysis of the natural resource and enviromnent sector which ar...

by Danilo C Israel | On 27 Feb 2012

Terms of Trade and Its Implications: Bangladesh Perspective

This paper explores the key reasons behind the movements in the terms of trade and the real net gain and loss from trade in the long run. Like some selected Asian countries (Vietnam, China and South...

by Mohammad Masuduzzaman | On 23 Feb 2012

Electoral Rules, Forms of Government and Redistributive Policy: Evidence from Agriculture and Food Policies

The effect of electoral rules and forms of government on public policy outcomes using a new dataset on agriculture and food policies from 74 countries over the 1960-2005 period is investigated. Using...

by Alessandro Olper | On 22 Feb 2012

Saving Mumbai

What Mumbai needs as a starting point is a city administration that is accountable to the city's residents, and a directly elected mayor, as in all great cities of the world. [BS Weekend Ruminations]....

by T.N. Ninan | On 22 Feb 2012

Mumbai Riots, 1992-3: Revisiting the Affected

Review of the book 'Riots and After in Mumbai: Chronicles of Truth and Reconciliation' Meena Menon, Sage Publications India, 2011, Pp 267 + xcii, Rs. 595/-

by Irfan Engineer | On 17 Feb 2012

Estimating Standard Error of Inflation in Pakistan: A Stochastic Approach

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

by Javed Iqbal | On 15 Feb 2012

Formalizing the Informal Economy: Women’s Autonomous Self-Employment in Rural South India

This paper considers the effects of contemporary restructuring of women and men’s employment in rural south India alongside ongoing efforts to recast India’s poor rural women as entrepreneurs. This s...

by Samantha Watson | On 15 Feb 2012

The Financial Structure and Performance of Philippine Credit Cooperatives

This study is an attempt to assess the importance and potential impact of any further development of the credit cooperative sector; identify development interventions that will result in a strong Fil...

by Gilberto M Llanto | On 13 Feb 2012

Selling Formal Insurance to the Informally Insured

Unpredictable rainfall is an important risk for agricultural activity, and farmers in developing countries often receive incomplete insurance from informal risk-sharing networks. The demand for, and...

by A. Mushfiq Mobarak | On 10 Feb 2012

Business and Growth Rate Cycles in India

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

by Pami Dua | On 10 Feb 2012

Comparing the Technical Efficiency of Indian Banks Operating Abroad and Foreign Banks Operating in India: A Stochastic Output Distance Function Approach

The aim of this paper is to compare the technical efficiency of Indian Banks operating abroad and foreign banks operating in India and to investigate the effect of openness of the country, ownership...

by Vivek Kumar | On 08 Feb 2012

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

Agriculture-Nutrition Linkages and Policies in India

This paper looks at some key entry points for agriculture to influence nutrition and suggests policies for nutrition-sensitive agricultural development, within the current policy framework. In additi...

by S.Mahendra Dev | On 07 Feb 2012

The Euro Zone Crisis and its Dimensions and Implications

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

by M R Anand | On 06 Feb 2012

Girls Take Over: Long-term Impacts of an Early Stage Education Intervention in the Philippines

This paper examines the long-term impacts of improved school quality at the elementary school stage on subsequent schooling investments and labor market outcomes using unique data from a recent survey...

by Futoshi Yamauchi | On 31 Jan 2012

“Reserve Bank of India Post-Policy Conference Call”

RBI Governor D. Subbarao answering to researchers after publishing the monetary policy. [RBI]. URL:[http://rbidocs.rbi.org.in/rdocs/Content/PDFs/RBIRA27012012.pdf]

by Reserve Bank of India RBI | On 30 Jan 2012

Intentions vs. Implementation of Philippine Economic Reforms Under Aquino, 1986-92

This paper explains the gaps between official objectives and the actual accomplishments of the Aquino government, with an emphasis on the implementation record of agricultural-based strategies. Summar...

by V. Bruce J Tolentino | On 30 Jan 2012

Chinese Commodity Imports in Ghana and Senegal: Demystifying Chinese Business Strength in Urban West Africa

Since the beginning of the twenty-first century, independent entrepreneurial migrants from China have been increasingly flocking to Africa in search of “greener pastures.” This paper scrutinizes the...

by Laurence Marfaing | On 25 Jan 2012

Third Quarter Review of Monetary Policy 2011-12

This policy review is set in the context of a highly uncertain global environment and a delicately poised domestic balance between growth and inflation. It should be read and understood together...

by Duvvuri Subbarao | On 25 Jan 2012

Macroeconomic and Monetary Developments Third Quarter Review 2011-12

The Growth outlook has weakened as a result of adverse global and domestic factors that have been mentioned above. Business and consumer confidence has been impacted. Professional forecasters now...

by Reserve Bank of India RBI | On 25 Jan 2012

Building World Class Businesses for the Long Term

This report identifies some of the factors complicating the debate on role of the company in society. It focuses particularly on the changing models of ownership and differing time horizons and on how...

by Gillian Lee | On 23 Jan 2012

Input Prices, Subsidies and Farmers' Incentives

The paper studies the subsidy policy in Bangladesh. It analyses implications of subsidy policies; both pros and cons and also suggests some possible solutions.

by M Asaduzzaman | On 20 Jan 2012

Banks, Policy and Risks

This paper assesses the sources of risk for Indian banks in the context of their history, structure, level of development, and policy environment and draws out implications for global and domestic pol...

by Ashima Goyal | On 18 Jan 2012

Challenges in IMS Reforms: A Global and Emerging Markets Perspective

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

by Alok Sheel | On 10 Jan 2012

Are All Migrants Really Worse Off in Urban Labour Markets? New Empirical Evidence from China

The rapid and massive increase of rural-to-urban migration in China has drawn attention to the welfare of migrant workers, particularly to their working conditions and pay. This paper uses data from...

by Jason Gagnon | On 06 Jan 2012

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

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

by Syed Ozair Ali | On 05 Jan 2012

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

Time for elections

Even though it would be considered politically premature by both the Congress and the BJP – it may be best to think in terms of fresh elections. URL:[http://www.business-standard.com/india/news/t-n-ni...

by T.N. Ninan | On 03 Jan 2012

Moving up the Quality ladder? EU-China Trade Dynamics in Clothing

A simple method is applied to study the relative quality of Chinese versus European products exported in the clothing sector after the end of the Multi-Fiber Arrangement. Based on the model of Foste...

by Hylke Vandenbussche | On 03 Jan 2012

Ethanol Blending Policy in India: Demand and Supply Issues

In the year 2008, the Government of India announced its National Policy on biofuels, mandating a phase-wise implementation of the programme of ethanol blending with petrol in various states. This stud...

by Saon Ray | On 02 Jan 2012

The Broken Broker System? Transacting on Agricultural Wholesale Markets in India (Uttarakhand)

The focus is on the central role played by state-regulated commission agents, known as brokers: agents who are widely present in Indian markets to assist sellers in finding buyers through organizing a...

by Bart Minten | On 29 Dec 2011

Contribution of Services Sector in the Economy of Pakistan

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

by Ayaz Ahmed | On 29 Dec 2011

Economic Dynamics and Forest Clearing: A Spatial Econometric Analysis for Indonesia

This paper uses a large panel database to investigate the determinants of forest clearing in Indonesian kabupatens since 2005. The study incorporates short-run changes in prices and demand for palm...

by David Wheeler | On 28 Dec 2011

The Evolving Dynamics of Global Economic Power in the Post-crisis World: Revelations from a New Index of Government Economic Power

This paper develops an index for measuring the economic power of governments viewed as entities in themselves. The basic idea is to encapsulate the economic representative power of a nation’s governme...

by Kaushik Basu | On 27 Dec 2011

Realising Decent Work

A commentary on final report of the task force on domestic workers

by G.D Bino Paul | On 26 Dec 2011

Root Problem: Labour Laws

Delivering the third Business Standard lecture on Thursday night, Raghuram Rajan provided an interesting insight into the reason for high inflation in India. The professor of finance at Chicago, who i...

by T.N. Ninan | On 23 Dec 2011

Non-regular Workers in India: Social Dialogue and Organizational and Bargaining Strategies and Practices

Both secondary and primary sources of information and data have been used. In order to provide the context of the study, data relating to the labour market indicators and employment of some categori...

by K.R. Shyam Sundar | On 22 Dec 2011

Seasonal Migration and Risk Aversion

Pre-harvest lean seasons are widespread in the agrarian areas of Asia and Sub-Saharan Africa. Every year, these seasonal famines force millions of people to succumb to poverty and hunger. An incentive...

by Gharad Bryan | On 20 Dec 2011

Monetary Neutrality in the Nepalese Economy during 1975-2008

One of the methods of measuring the effectiveness of monetary policies is via inspection of monetary neutrality in the economy. It is a concept from classical economics and it suggests that changes...

by Mukesh Khanal | On 16 Dec 2011

A China Round of Multilateral Trade Negotiations

Until recently, the World Trade Organization (WTO) has been an effective framework for cooperation because it has continually adapted to changing economic realities. The current Doha Agenda is an ab...

by Aaditya Mattoo | On 13 Dec 2011

Comparative Analysis of Inflation in Nepal and India

Inflation data for the past few years (August 2007 to October 2011 of Nepal and August 2007 to July 2011 of India for the analysis of monthly annual variation) have been taken into consideration for...

by Nepal Rastra Bank Research Department NRB | On 12 Dec 2011

China’s Financial Integration into the World Economy: Scrutinising China‘s International Investment Position

Possible scenarios for China and the world economy until 2015 is looked at. In all of them, China will continue to accumulate FX reserves, so that reserve assets will remain the largest component of...

by Catherine Shu Ling Tan | On 08 Dec 2011

Monetary and Fiscal Policy in the Presence of Informal Labour Markets

How does informality in emerging economies affect the conduct of monetary and fiscal policy? To answer this question two-sector, formal-informal new Keynesian closed-economy is constructed. The inf...

by Nicoletta Batini | On 02 Dec 2011

National Urban Transport Policy

The objective of this policy is to ensure safe, affordable, quick, comfortable, reliable and sustainable access for the growing number of city residents to jobs, education, recreation and such other...

by Ministry of Urban Development GOI | On 30 Nov 2011

How Are Markets Made?

The purpose of this paper is to analyze the making of markets. The paper identifies two ideal-typical processes in which markets are made – organized making and spontaneous making – which are often...

by Patrik Aspers | On 29 Nov 2011

Impact of the Retail FDI Policy on Indian Consumers and the Way Forward

This paper analyses the impact of the retail FDI policy on Indian consumers and make policy recommendations for the Indian government. Based on a primary survey of Indian consumers, the paper examines...

by Arpita Mukherjee | On 28 Nov 2011

Publishing Construction Contracts as a Tool for Efficiency and Good Governance

Construction is a $1.7 trillion industry worldwide, much of which is linked to publicly financed projects. Outcomes from this financing are frequently suboptimal. Cost and time escalation, as well a...

by Charles Kenny | On 25 Nov 2011

Informal Labour and Credit Markets: A Survey

This paper reviews the literature on the informal economy, focusing first on empirical findings and then on existing approaches to modelling informality within both partial and general equilibrium e...

by Nicoletta Batini | On 24 Nov 2011

Union Power October 2011

The struggle of workers at Maruti Suzuki’s Manesar plant has exposed the blatant complicity of the state in facilitating capital to extract huge profit margins by abuse of contract labour laws, relent...

by New Trade Union Initiative NTUI | On 23 Nov 2011

In Search of Growth

With deep crisis weakening potential output growth, the need for an explicit growth policy is emerging most starkly in Japan, the EU and the US. If properly shaped, this will help to consolidate bud...

by Klaus Deutsch | On 21 Nov 2011

Development and Health in Poor Countries: Role of Interntional Organizations and Switzerland

The study tries to better understand three fields which seems to be essential with respect to the problem of a facilitated access to medicines : 1. the ambiguous position of intellectual property...

by Bastein Briand | On 17 Nov 2011

The Impossible Trinity and Capital Flows in East Asia

The Impossible Trinity doctrine still holds a powerful sway over policymakers, advisors (particularly the International Monetary Fund [IMF]) and academia. In East Asia over the past decade, however,...

by Stephen Grenville | On 15 Nov 2011

Consumption and Social Identity: Evidence from India

Spending on consumption items is examined which have signaling value in social interactions across groups with distinctive social identities in India, where social identities are defined by caste an...

by Melanie Khamis | On 10 Nov 2011

Regulate the Share Markets and Save the Country

The 1% rich and powerful have found the Occupy Wall Street movement unsettling and have also made attempts at curbing its influence and outreach. It is now possible for stock-traders in international...

by Bhalchandra Kango | On 08 Nov 2011

The Determinants of Export Performance of China's Township-Village Enterprises

The rapid export growth of China's township-village enterprises (TVEs) has not been well understood and explained. Using a simple analytical model and exploring a unique dataset on China's TVEs the...

by Changqi Wu | On 08 Nov 2011

Economic and Financial Developments in Goa

Goa is celebrating the Golden Jubilee Year of its Liberation. The recent economic achievements of the state are highlighted. The economic and financial structure of the state as well as the various fi...

by Deepak Mohanty | On 04 Nov 2011

Coordination Under Uncertain Conditions: An Analysis of the Fukushima Catastrophe

This paper analyzes the impacts of the 11 March 2011 earthquake and tsunami at the Fukushima nuclear power plant in Japan, which were amplified by a failure of coordination across the plant, corporate...

by Masahiko Aoki | On 03 Nov 2011

Unilateral Carbon Border Measures: Key Legal Issues

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

by Anuradha R. V. | On 01 Nov 2011

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

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

by Munish Alagh | On 24 Oct 2011

Production and Marketing of Coconut in India

The production and marketing scenario of coconut in the country has witnessed a phenomenal development, particularly in the field of production such as development of improved high yielding dwarf va...

by Ministry of Agriculture GOI | On 21 Oct 2011

Discount Rate for Health Benefits and the Value of Life in India

This study contributes to the literature by estimating discount rate for environmental health benefits and value of statistical life of workers in India. The discount rate is imputed from wage-risk...

by K. R. Shanmugam | On 19 Oct 2011

An Empirical Analysis of Monetary and Fiscal Policy Interaction in India

This study analyses the behaviour of monetary and fiscal policies interaction in India using quarterly data for 2000Q2 to 2010Q1. It finds that, even after the elimination of automatic monetisation...

by Janak Raj | On 11 Oct 2011

Openness, Economic Growth and Labour Migration in times of Global Downturn: with Special Reference to Asian Examples

This paper starts by examining some of the variables that have been considered important determinants of openness and how views of these have changed over the last twenty years. It then considers th...

by Kenneth E Jackson | On 29 Sep 2011

Global Production Networks in Electronics and Intra-Asian Trade

The growth of East Asia’s intra-regional trade is driven largely by increased component trade within global electronics production networks. Data on both electronics trade and production elucidate a...

by Byron Gangnes | On 29 Sep 2011

Cross-LoC trade in Kashmir: From Line of Control to Line of Commerce

This study examines how business entities and individuals in Jammu and Kashmir view trade transactions with the other side and perceptions about the economic viability of Cross-LoC trade. More speci...

by Altaf Hussain Kira | On 28 Sep 2011

Understanding Inflation and Controlling It

Inflation management is one of the hardest tasks an economic policymaker has to undertake. It appears, at first sight, that one can rely entirely on commonsense to carry out this task. But that will b...

by Kaushik Basu | On 28 Sep 2011

Monetary Policy Dilemmas: Some RBI Perspectives

Over the last decade, the profile of central banks has gone up. First, we had the Great Moderation - a period of extraordinary benign macroeconomic environment globally, characterized by steady growth...

by Duvvuri Subbarao | On 27 Sep 2011

What Causes Agglomeration? – Policy or Infrastructure – A Study of Indian Manufacturing Industry

This paper investigates whether industrial dispersal policy is more potent or the natural and agglomeration cost advantages are important in influencing locational choice of a firm. To carry out the a...

by Vinish Kathuria | On 22 Sep 2011

The National Food Security Bill, 2011

A Bill to provide for food and nutritional security, in human life cycle approach, by ensuring access to adequate quantity of quality food at affordable prices, for people to live a life with dign...

by Department of Food and Public Distribution Fcamin | On 14 Sep 2011

Slower Growth in China: How Much of a Drag on the Global Economy?

China’s expected growth slowdown - from 10.3 per cent yoy in 2010 to 8.9 per cent this year and 8.3 per cent in 2012 - will impact the global economy. An in-depth look at how important China really is...

by Steffen Dyck | On 09 Sep 2011

Fertility Regulation in an Economic Crisis

Substantial international aid is spent reducing the cost of contraception in developing countries, as part of a larger effort to reduce global fertility and increase investment per child worldwide....

by Christopher McKelvey | On 09 Sep 2011

Agricultural Economy of India and Macro-Economic Effects: Some Empirical Results and a Research Agenda based on the Literature

This paper focuses on macroeconomic linkages with agriculture. From an extensive literature review the question that emerges is: is there a structural constraint in Indian agriculture or does Indian...

by Munish Alagh | On 02 Sep 2011

The Price and Trade Effects of Strict Information Requirements for Genetically Modified Commodities under the Cartagena Protocol on Biosafety

This paper assesses the global economic implications of the proposed strict documentation requirements on traded shipments of potentially genetically modified (GM) commodities under the Cartagena Prot...

by Antoine Bouët | On 31 Aug 2011

Achieving Progress for Development Effectiveness in Busan: An Overview of CSO Evidence

The global Reality of Aid Network has been working in preparation for Busan alongside CSO colleagues from women’s rights organizations, trade unions, farmers’ organizations, faith-based organizations...

by Brian Tomlinson | On 30 Aug 2011

Policy Dilemmas in India: The Impact of Changes in Agricultural Prices on Rural and Urban Poverty

Trade policy reforms which lead to changes in world prices of agricultural commodities or domestic policies aimed at affecting agricultural prices are often seen as causing a policy dilemma: a fall...

by Sandra Polaski | On 26 Aug 2011

When do Stock Futures Dominate Price Discovery?

Stock futures offer leveraged positions and are expected to attract informed traders. Many researchers have found that the information share of the stock futures is surprisingly small; the equity sp...

by Jeffrey Vincent | On 24 Aug 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 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

Reforms in Indian Agro-processing and Agriculture Sectors in the Context of Unilateral and Multilateral Trade Agreements

In this paper, the potential impacts of trade and investment-related policy reforms on India’s agro-processing sector is explored. The direct effects of policy reforms within the processing sector, an...

by A. Ganesh-Kumar | On 22 Aug 2011

EU-Asia Free Trade Areas? Economic and Policy Considerations

This paper analyses key aspects of the changing economic relationship between the European Union (EU) and Asia, and explored the potential economic ramifications of deeper EU-Asian economic cooperatio...

by Michael Plummer | On 22 Aug 2011

India-Pakistan Trade

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

by Nisha Taneja | On 11 Aug 2011

Multidimensional Indices of Achievements and Poverty: What Do We Gain and What and What Do We Lose?

Poverty and well-being are multidimensional. Nobody questions that deprivations and achievements go beyond income. There is, however, sharp disagreement on whether the various dimensions of poverty...

by Nora Lustig | On 11 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

Treatment of Valuables as Capital Formation in India: Some Issues and Perspectives

As per UNSNA recommendations, valuables as a separate item had been introduced in the expenditure side of GDP. Since India is one of largest importer and user of gold for various purposes, this trea...

by Rakesh Kumar | On 04 Aug 2011

Food Quality in Domestic Markets of Developing Economies: A Comparative Study of two Countries

Food quality has become an important determinant of success in global food trade and growers for international markets have to continuously adjust to buyers’ requirements. It is however not clear to w...

by Anneleen Vandeplas | On 03 Aug 2011

Tracking India Growth in Real Time

This paper compares different approaches to the short term forecasting (nowcasting) of real GDP growth in India and evaluates methods to optimally gauge the current state of the economy. Univariate ...

by Rudrani Bhattacharya | On 02 Aug 2011

Draft National Competition Policy for India

National Competition Policy is necessitated, as an overarching Policy framework, in continuation of the 1991-reforms, to infuse greater competition across sectors, and unleash fuller growth potential...

by Ministry of Corporte Affairs GOI | On 01 Aug 2011

Demand for Fertiliser in India: Determinants and Outlook for 2020

The paper begins with an overview of fertiliser consumption trends and then identifies important determinants of fertiliser demand and develops projects demand scenarios for fertilisers in India in 20...

by Vijay Paul Sharma | On 29 Jul 2011

World Trade Report 2011- The WTO and Preferential Trade Agreements: From Co-existence to Coherence

The ever-growing number of preferential trade agreements (PTAs) is a prominent feature of international trade. The World Trade Report 2011 describes the historical development of PTAs and the current...

by World Trade Organisation WTO | On 22 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

Shocks, Economic Growth and the Indian Economy

This paper analyses the impact of domestic and external shocks on the Indian economy. A macro-modelling framework is developed that evaluates the impact of two domestic shocks (rainfall shortfall an...

by B B Bhattacharya | On 15 Jul 2011

Mutual Funds and Market Development in India

A brief description of the role of Mutual Funds in money markets and government securities makets are provided. Some of the regulatory issues that arise are discussed. The role of Mutual Funds in fina...

by Subir Gokarn | On 08 Jul 2011

Barriers to Household Risk Management: Evidence from India

Why do many households remain exposed to large exogenous sources of non-systematic income risk? Why don’t financial markets develop to pool these risks? This paper uses a series of randomized field...

by Shawn Cole | On 06 Jul 2011

Doha or Dada: The World Trade Regime at an Historic Crossroads

This study was not alone in demonstrating that a deal on the Doha Round could be of huge benefit to the global economy. Assuming plausible enhancements in the course of further negotiations, the big...

by Klaus Deutsch | On 06 Jul 2011

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

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

by Syed Kalim Hyder Bukhari | On 05 Jul 2011

Fisher’s Equation: Some Methodological Doubts

The Fisher's equation has become a foundation stone of modern macroeconomic, monetary and financial theories. Here it is shown that despite the estabilished status of Fisher's equation, it stands on...

by Rajas Parchure | On 04 Jul 2011

U.S. Trade Policy and Global Development

Polls show that many Americans increasingly see the country’s trade openness asmore of a threat than an opportunity, and the bipartisan political consensus in favor of openmarkets is badly frayed....

by Kimberly Ann Elliot | On 01 Jul 2011

On Graham’s Theory of Multicountry Multicommodity Trade

Mathematical formulations of Frank D. Graham’s theory of multicountry multicommodity trade have not provided numerical methods for finding the world trade equilibrium. Graham was in possession of su...

by Rajas Parchure | On 27 Jun 2011

International Trade, R&D Spillovers and Productivity: Evidence from Indian Manufacturing Industry

This paper examines the effect of trade facilitated R&D spillovers on the productivity of manufacturing firms in India. Though developing countries are considered as the major beneficiaries of trade...

by M. Parameswaran | On 24 Jun 2011

Tailored Aid for a Tailored Age?

In this short essay, senior fellow David Wheeler compares the world’s foreign assistance architecture to how the rest of the world operates in the digital age. He suggests that multilateral and bilat...

by David Wheeler | On 24 Jun 2011

Rewarding Innovation Efficiently: Research Spill-overs and Exclusive IP Rights

This paper investigates the conditions for the desirability of exclusive intellectual property rights for innovators, as opposed to weak rights allowing for some degree of imitation and ex-post compe...

by Vincenzo Denicolòyand Luigi A. Franzoni | On 23 Jun 2011

U.S. Trade Policy: Don’t Leave Poor Countries Behind

After a longer-than expected settling in period, the Obama administration is finally moving on trade policy. What is unclear - and the early signs are troubling - is whether U.S. policy will also enco...

by Kimberly Ann Elliott | On 16 Jun 2011

Rising Spatial Disparities and Development

The UNU-WIDER project on 'Spatial Disparities in Human Development' has collected and analysed evidence on the extent of spatial inequalities within developing countries. The studies find that spatial...

by Ravi Kanbur | On 15 Jun 2011

Access to Land and Land Policy Reforms

The objective of this research and policy brief is to analyse different mechanisms of access to land for the rural poor in an era when redistribution through expropriative land reform is largely incon...

by Alain de Janvry | On 10 Jun 2011

Non-financial Reporting – What, Why and How - Indian Perspective

The importance of non-financial reporting in the overall assessment of a company's performance, its risk-return trade off is steadily gaining ground, both globally and in India. [Address by Dr K. C...

by Chakrabarty K C | On 10 Jun 2011

Evolution of Land Distribution in West Bengal 1967-2004

This paper uses data from a household survey to estimate changes in land distribution in rural West Bengal between 1967-2004 and decompose these into contributions of different factors. There was a...

by Pranab Bardhan | On 09 Jun 2011

Globalization Crises, Trade, and Development in Vietnam

Vietnam has been among the most successful East Asian economies, especially in weathering the external shocks of recent globalization crises—the 1997-98 Asian financial crisis and the 2008-09 great...

by Philip Abbott | On 02 Jun 2011

Regional Terms of Trade for the State of Kerala

The movement of terms of trade would determine the real wins from trade given a historically chosen path of regional specialisation. Kerela economy specialises in a variety of export oriented commerci...

by Thomas Isaac | On 02 Jun 2011

China’s Housing Markets: Regulatory Interventions Mitigate Risk of Severe Bust

A closer look at the developments in 35 cities across China, looking for potential regional real estate bubbles. An assessment is done about the success of the various policies and their potential n...

by Ulrich Clemens | On 02 Jun 2011

India Pakistan Trade Possibilities and Non-tariff Barriers

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

by Nisha Taneja | On 31 May 2011

Regional Openness, Income Growth, and Disparity across Major Indian States during 1980-2004

As a country progressively engages in international trade, its factors of production will increasingly enter into the export sector, where their return is higher, compared to the import competing...

by Dibyendu Maiti | On 23 May 2011

The Impact of Foreign Direct Investment on Developing Countries’ Terms of Trade

This paper first shows that important economic arguments in favor of the Prebisch- Singer hypothesis of falling terms of trade of developing countries have implicitly relied on the role of multinat...

by Konstantin M. Wacker | On 20 May 2011

Moving to Goods and Services Tax in India: Impact on India’s Growth and International Trade

The broad objectives of this study refer to analysing the impact of introducing comprehensive goods and services tax (GST) on economic growth and international trade; changes in rewards to the fac...

by National Council of Applied Economic Research | On 19 May 2011

Causes of Asset Shortages in Emerging Markets

In this paper it has been illustrated that emerging markets (EMs) face a shortage of financial assets, with financial assets not growing as rapidly as domestic savings. Then the asset shortage in EMs...

by Chen Jiaqian | On 17 May 2011

Tribute: Vasant Gupte, May 1927 – September 2010

Vasant Gupte would have been 84 this May. These tributes, one by his family and the second by his comrades and colleagues, celebrate his life and life philosophy.

by Girija Gupte | On 16 May 2011

Non-Recourse Mortgages and Credit Market Breakdowns: A Framework for Policy Analysis

This paper illustrates that the legal structure of mortgage credit, in particular, its status in terms of recourse in foreclosure, can lead not only to the familiar problem of adverse selection ...

by Kaushik Basu | On 05 May 2011

Monetary Policy Statement 2011-12

This Statement sets out the Reserve Bank’s assessment of the current macroeconomic situation and projections. URL:[http://rbidocs.rbi.org.in/rdocs/notification/PDFs/APS030511F.pdf].

by Duvvuri Subbarao | On 03 May 2011

The Quality of Medical Care in Low-Income Countries: From Providers to Markets

The excellent systematic review in this week’s PLoS Medicine by Paul Garner and colleagues focuses discussion on this critical issue. Their finding of poor quality in both the public and private s...

by Jishnu Das | On 29 Apr 2011

Statement by Governor, RBI

There have been significant developments in the global economy since we met in the fall of 2010. The IMF too has moved on several fronts under its mandate which has strengthened its position in a chan...

by Duvvuri Subbarao | On 20 Apr 2011

Ramadan Effect on Price Movements: Evidence from Pakistan

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

by Muhammad Akmal | On 19 Apr 2011

Financial Regulatory Harmonization in East Asia: Balancing Domestic and International Pressures for Corporate Governance Reforms

Focusing on corporate governance, which many see as a critical part of the 1997 Asian financial crisis, and which is also seen as unresponsive to calls for change, this paper argues that such harmoniz...

by Richard W Carney | On 12 Apr 2011

Container Shipping: Successful Turnaround

Global container throughput rose by at least 11% last year, after declining for the first time ever in 2009 (-9%). The level of global container throughput was thus higher again than before the cri...

by Eric Heymann | On 12 Apr 2011

Liquidity Considerations in Estimating Implied Volatility

Some option series in the market are far less liquid than others. Market illiquidity can reduce the informativeness of option prices. In this paper, an alternative schemes are proposed to estimate im...

by Rohini Grover | On 09 Apr 2011

Locational Determinants of Acquisitions from China and India:The Role of Human Capital

MNEs are increasingly seeking to augment, as well as exploit, their global competitive advantage. Foreign direct investments are being directed to augmenting the competitive ownership specific...

by De Beule Filip | On 23 Mar 2011

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

Are Emerging Stock Markets Sideshows? Some Stylised Facts from an Emerging Economy, India

The article addresses one of the most important policy questions: what role do emerging stock markets play in influencing real decisions such as corporate private investment? In this article we pres...

by Saumitra N Bhaduri | On 18 Mar 2011

Where are Food Prices Heading?

This paper aims to review the main considerations around food price movements. It includes a discussion on the impact of speculation. URL:[https://www.dbresearch.com/PROD/DBR_INTERNET_EN-PROD/PROD00...

by Claire Schaffnit Chatterjee | On 16 Mar 2011

Cambodia enters the WTO: Lessons learned for Least Developed Countries

The Government of the Kingdom of Cambodia applied for accession to the World Trade Organization in October 1994. At its meeting on 21 December 1994, the Preparatory Committee for the WTO establishe...

by Sok Siphana | On 16 Mar 2011

Overview of PRC in East Asian Trade

PRC’s economic emergence over the last two decades, and in particular its recent WTO accession initiative, portend a dramatically changed landscape of East Asian trade. This has aroused concern arou...

by David Roland Holst | On 15 Mar 2011

The Global Impact of the Southern Engines of Growth: China, India, Brazil and South Africa

This Policy Brief focuses on links between the developing countries of Brazil, India, China and South Africa and the global economy, with a special emphasis on the implications of China’s spectacular...

by Amelia U. Santos Paulino | On 11 Mar 2011

Giving Credit Where it is Due

This paper shows how the productive interplay of theory and experimental work has furthered our understanding of credit markets in developing countries. Descriptive facts motivated a body of theory,...

by Abhijit V. Banerjee | On 28 Feb 2011

Economic Survey, 2010-11, Chapter 1

State of the Economy and prospects. URL:[http://www.indiabudget.nic.in/es2010-11/echap-01.pdf].

by Ministry of Finance | On 28 Feb 2011

Central Bank Lessons from the Global Crisis

Nine preliminary lessons from the Great Recession for monetary and financial policies are presented. [3rd P. R. Brahmananda Memorial Lecture].

by Stanley Fischer | On 18 Feb 2011

Indian Economy: Selected Methodological Advances

This paper develops tools to examine selected major issues in the Indian economy. The study computes the potential growth rate of the economy and the agricultural sector, extends the analysis of fisca...

by Mathew Joseph | On 11 Feb 2011

Infrastructure and Asia’s Trade Costs

Infrastructure services play a significant role in trade costs by reducing distribution margins, lowering prices, and raising consumer welfare. They also lower transaction costs, add value, and inc...

by Douglas H. Brooks | On 11 Feb 2011

Address of President Zillur Rahman to the First Session of 2011 of the Ninth Jatiya Sangsad

The Presidential address to parliament at its first session of the year pays tribute to the heroes and martyrs of the nation, elaborates on Bangaldesh's achievement in industry, agriculture, education...

by Zillur Rahman | On 08 Feb 2011

Russia’s Quasi-Sovereign Debt: A Sizeable Contingent Liability

An overview of corporate and quasi-sovereign debt in Russia is provided. Fiscal sustainability in Russia in a broader framework analysed. Scenarios for public debt developments until 2020, also taking...

by Maria Arakelyan | On 31 Jan 2011

Rising Food Crisis and Financial Crisis in India:Impact on Women and Children and Ways of Tackling the Problem

The objective of the study is to examine the impact of rising food prices and financial crisis on the impact of women and children in India. It identifies the pathways for dealing with the effects of...

by S. Mahendra Dev | On 31 Jan 2011

Global Employment Trends 2011: The Challenge of a Jobs Recovery: Executive Summary

This year's Global Employment Trends report is the first to assess how the world’s labour markets have been faring during the ongoing economic recovery and provide projections of employment and unempl...

by International Labour Organisation ILO | On 31 Jan 2011

On the Economics of Regional Powers: Comparing China, India, Brazil, and South Africa

As the conception of and debates on regional powers have been led by political science, this paper aims to contribute to the discussion from an economics perspective. Based on the discussion of differ...

by Robert KAppel | On 28 Jan 2011

Microfinance and Moneylender Interest Rate: Evidence from Bangladesh

The linkage between the formal and informal credit markets has long been of great interest to development economists. This paper addressed one aspect of the linkage by empirically investigating the...

by Debdulal Mallick | On 25 Jan 2011

Globalization and the Human Development Trap

The feeble results of liberalization policies in Latin America are explained in terms of a multiple steady state model including a dynamic human development trap, endogenous technological change, ...

by David Mayer- Foulkes | On 13 Jan 2011

Evolution of India’s Exchange Rate Regime

The paper analyzes the changing INR trends over the reform period, in the context of fundamental determinants of exchange rates. [WP-2010-024].

by Ashima Goyal | On 13 Jan 2011

Vietnam as a Role Model for Development

Vietnam’s development performance since the early 1990s has been one of the strongest in the world, following the introduction of its doi moi (‘renovation’) economic reform programme in 1986. The...

by John Thoburn | On 11 Jan 2011

What Accounts for China’sTrade Balance Dynamics?

This paper proposes a structural VAR model which extends the frameworks of Hoffmaister and Roldós (2001) and Prasad (1999). The model is then used to analyse the sources of China’s trade balance flu...

by Yin Zhang | On 07 Jan 2011

Monetary Policy, Capital Flows, and the Exchange Rate

The use of monetary policy in India has been constrained by a loose fiscal policy and capital flows. Capital inflows have the potential to cause a Dutch Disease-type situation. The RBI has carried out...

by Partha Sen | On 06 Jan 2011

Asymmetric Federalism in India

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

by M Govinda Rao | On 14 Dec 2010

The Future of Financial Liberalization in South Asia

The paper defines financial liberalization, distinguishing between liberalization of domestic financial markets and capital account convertibility. It then examines the stages and the strategy of Ind...

by Ashima Goyal | On 14 Dec 2010

Venture Capital and Micro-finance Instituted Business Plan for a School Edupreneur

The report is a study of possibilities for the institutionally disabled entrepreneurs to raise capital from private players like venture capitalists and micro-finance institutions.

by Mallika Chawla | On 13 Dec 2010

People’s Republic of China and its Neighbors: Partners or Competitors for Trade and Investment?

The very rapid economic growth of the People’s Republic of China (henceforth PRC), its dramatic success in world export markets and its heavy receipts of foreign direct investment (FDI) have generat...

by John Weiss | On 10 Dec 2010

Solar Industry –Entering new Dimensions: Comparison of Technologies, Markets and Industries

Over the past two years the solar industry has shown itself to be incredibly resilient to the general economic crisis. Supported by cost-cutting and efficiency improvements, the photovoltaics (PV) in...

by Bank Sarasin | On 10 Dec 2010

Agribusiness in South Asia: A Fact Sheet

Agribusiness is the single largest sector of the economy in many developing countries and is growing fast. The present paper examines the situation of agribusiness in different countries of South Asia...

by Sukhpal Singh | 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

Free Trade Agreement between People’s Republic of China and India: Likely Impact and Its Implications to Asian Economic Community

Open regionalism and trade cooperation between the world’s two largest developing countries, the People’s Republic of China (PRC) and India, can foster outward-oriented development and intra-regio...

by Swapan K. Bhattacharya | On 06 Dec 2010

Consumer Confidence in Financial Markets

This paper makes an attempt to identify major factors, like currency forfeiting, loan default, capital shortfall, capital flight, etc which undermine consumer confidence in the financial services sect...

by Md. Kabir Ahmed Chowdhury | On 02 Dec 2010

Looking Beyond Averages in the Trade and Poverty Debate

There has been much debate about how much poor people in developing countries gain from trade openness, as one aspect of ‘globalization’. The paper views the issue through both ‘macro’ and ‘micro’...

by Martin Ravallion | On 02 Dec 2010

When index dissemination goes wrong: How fast can traders add and multiply?

This paper studies an episode of dissemination of wrong stock index values in real time due to a software bug in the Indian Nifty index futures market on the morning of January 18, 2006. The episod...

by Jayanth R Varma | On 01 Dec 2010

Determinants of Trade Misinvoicing

Traditional explanations for trade misinvoicing -- high custom duties and weak domestic economies — are less persuasive in a world of high growth emerging markets who have low trade barriers. A 35- ...

by Ila Patnaik | On 22 Nov 2010

China in Africa: A Macroeconomic Perspective

In recent years, China has dramatically expanded its financing and foreign direct investment to Africa. This expansion has served the political and economic interests of China while providing Africa...

by Benedicte Vibe Christensen | On 15 Nov 2010

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

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

by K N Harilal | On 09 Nov 2010

Trade Liberalisation, Market Power abd Scale Efficiency in Indian Industry

Using information on listed firms in each of the industry groups at the two-digit level within Manufacturing this study investigates whether the radical shift in trade policy in India in 1991 result...

by Pulapre Balakrishnan | On 09 Nov 2010

Production and Grain Drain in two inland Region of Orissa

Based on a multi-sited based ethnography conducted during August 95 through February 96 in two inland tribal regions of Orissa the study tries to identify temporal and spatial specifications in terms...

by Srijit Mishra | On 08 Nov 2010

The Chiang Mai Initiative Multilateralization: Origin, Development and Outlook

This paper discusses the Chiang Mai Initiative Multilateralization (CMIM); its origin, development and future outlook. It puts forward a number of proposals to make the liquidity support role of the C...

by Chalongphob Sussangkarn | On 02 Nov 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

Integration of India’s Financial Markets on the Domestic and International Fronts: An Emperical Analysis of the Post-Liberalisation Period. June 2010

Against the backdrop of financial liberalisation, this paper examines India’s financial integration, both on the domestic and international fronts. Preliminary analysis of the secondary data shows ...

by Gargi Sanati | On 29 Oct 2010

Regional Cooperation, Infrastructure, and Trade Costs in Asia

International trade has played an essential role in Asia’s remarkable growth, development, and integration in recent decades. Infrastructure, both hard and soft, has played an integral part in facil...

by Douglas H. Brooks | On 28 Oct 2010

Linking Asia’s Trade, Logistics, and Infrastructure

Infrastructure services, from both hard and soft infrastructure, play a vital role in facilitating Asia’s export-led growth by keeping the prices of delivered goods in export markets competitive. Ef...

by Douglas H. Brooks | On 28 Oct 2010

Strategic Choice of Freight Mode and Investments in Transport Infrastructure within Production Networks

In the context of production linkages in which downstream producers require freight services provided by transport operators, the author show that the strategic choice of using an alternative transp...

by Ying Yi Tsai | On 27 Oct 2010

External Economic Situation In India - Recent Trends and Policy Implications

This paper reviews the status of the external sector of the Indian economy. It is divided into 5 broad sections. Section I gives the trends of imports and exports, as well as the composition and dire...

by Archana S Mathur | On 26 Oct 2010

Consultation Paper on Certain Issues Relating to Telecom Tariffs

This consultation paper brings out various issues that have a bearing on telecom tariff offers. In line with established practice, the Authority seeks the views of all stakeholders by 15th November,...

by Telecom Regulatory Authority of India TRAI | On 20 Oct 2010

Are Inequality and Trade Liberalization Influences on Growth and Poverty?

There has been a recent resurgence of interest in the relationship between income inequality and growth, manifested in a number of important publications. In parallel with this, concern with the imp...

by Jennifer Mbabazi | On 19 Oct 2010

Foreign Bond Markets and Financial Market Development: International Perspectives

The domestic bond markets of the Asia and Pacific region have grown considerably since the Asian financial crisis of 1997, although they remain undeveloped relative to the region’s weight in the w...

by Jonathan A. Batten | On 18 Oct 2010

China, India, Brazil and South Africa in the World Economy: Engines of Growth?

This paper attempts to analyse the economic implications of the rise of China, India, Brazil and South Africa, for developing countries situated in the wider context of the world economy. It exami...

by Deepak Nayyar | On 15 Oct 2010

Developing Asian Local Currency Bond Markets: Why and How?

This paper examines the motivation for, and the success of, regional efforts in Asia to promote local currency bond markets. The analysis demonstrates that Asian local currency bond markets made sub...

by Mark M. Spiegel | On 14 Oct 2010

Supply Chain Dynamics in Asia

Supply chain management in Asia is a relatively new topic but is a key challenge for all Asia based manufacturers and traders trying to integrate into the “global market.” The purpose of this paper...

by Ruth Banomyong | On 14 Oct 2010

International Reserves and Swap Lines in Times of Financial Distress: Overview and Interpretations

In this paper I review the use of precautionary measures aimed at mitigating emerging markets’ exposure to fragility associated with financial integration. The discussion draws possible lessons from t...

by Joshua Aizenman | On 13 Oct 2010

The Financial Crisis: A Wake-Up Call for Strengthening Regional Monitoring of Financial Markets and Regional Coordination of Financial Sector Policies?

How much can regional monitoring of financial markets and coordination of financial sector policies contribute to preventing and mitigating financial crises? This paper reviews and compares the experi...

by Adalbert Winkler | On 13 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

Asian Property Markets: No Significant Bubbles-Yet!

After house price bubbles burst in many OECD countries, investors are keeping a very watchful eye for price developments on asset markets that signal a bubble.

by Steffen Dyck | On 08 Oct 2010

Analysing Trade Flows and Industrial Structure of India: The Question of Data Harmonisation

An important requirement for the analysis of trade flows in relation to domestic industrial structure is the availability of a database covering information on trade flows, industry and firm charact...

by C. Veeramani | On 07 Oct 2010

Special and Differential Treatment in Agricultural Negotiations

Over the past four decades or so, the issues that have dominated WTO/GATT negotiations have generally fallen in the prototype of either a transatlantic conflict or a North-South divide. The latter has...

by Anwarul Hoda | On 07 Oct 2010

WTO-Related Matters in Trade and Environment: Relationship Between WTO Rules and MEAs

Environmental issues began to be systematically addressed in the WTO following the Decision on Trade and Environment taken towards the end of the Uruguay Round at Marrakesh in 1994. The Committee on T...

by Aparna Sawhney | On 07 Oct 2010

India's Intra- Industry Trade Under Economic Liberalization: Trends and Country Specific Factors

This paper focuses on two aspects of India’s intra-industry trade (IIT) in manufactured commodities under economic liberalization. First, it examines the changes in the intensity of multilateral IIT...

by Veeramani C | On 05 Oct 2010

Fiscal Policy Coordination in Asia: East Asian Infrastructure Investment Fund

East Asian countries were seriously affected by the 2008 global crisis through a steep fall in exports. This experience exposed the vulnerability of the East Asian growth model and emphasized the impo...

by Mahani Zainal Abidin | On 05 Oct 2010

Asia’s Role in the Global Financial Architecture

The global economic and financial landscape has been transformed over the past decade by the growing economic size and financial power of emerging economies. The new G20 summit process, which includes...

by Masahiro Kawai | On 05 Oct 2010

Role of the Leading Input in Shaping Institutions: Tendency in the Context of Irrigation Uncertainty

The past three decades have witnessed the growth of a voluminous literature on tenancy arid reIated institutions. Problems of resource use efficiency, role of markets, inter-linkages between markets...

by D. Narayana | On 04 Oct 2010

Commodity Taxation and Social Welfare : The Generalised Ramsey Rule

Commodity taxes have three distinct roles: (1) revenue collection, (2) interpersonal redistribution, and (3) resource allocation. The paper presents an integrated treatment of these three concerns...

by David Coady | On 01 Oct 2010

Macro-prudential Approach to Regulation - Scope and Issues

It is being acknowledged that a macro prudential perspective is critical in designing and pursuing micro prudential regulation of institutions and markets. Two distinct but highly inter-related constr...

by Shyamala Gopinath | On 28 Sep 2010

HANTEX: An Economic Appraisal

Most Governments in the Third World Countries have actively promoted cooperatives in the traditional sectors of the economy with a view to overcome the diseconomies of small size. Characterised as the...

by Mridul Eapen | On 27 Sep 2010

Millers, Commission Agents and Collusion in Grain Auction Markets: Evidence From Basmati Auctions in North India

This paper undertakes structural estimation of asymmetric auction models in a market for basmati, and detects the presence of a cartel consisting of a large (in market share) local miller and comm...

by A. Banerji | On 23 Sep 2010

India in the Global and Regional Trade: Determinants of Aggregate and Bilateral Trade Flows and Firms’ Decision to Export

This paper contributes to two strands of literature on empirical models of trade flows and trade policy. The first and the older strand is that of gravity models of bilateral trade flows going back...

by T.N. Srinivasan | On 20 Sep 2010

Developing Economies and the Environment: The Role of Trade and Capital Flows

This paper reviews (critically and selectively) the literature on the link between economic development, the environment and international trade (and capital flows). In particular, how stricter...

by Partha Sen | On 16 Sep 2010

Design of Power Markets : Different Market Structures and Proposed Options for India

In this paper, the different market structure options and the broad organisational forms of restructured wholesale markets for electricity that have emerged, have been critically analysed. [Working Pa...

by Payal Malik | On 15 Sep 2010

Markets, Institutions and Efficiency: Ground Water Irrigation in North India

This paper analyzes the institutions and markets that govern groundwater allocation in the sugarcane belt of Uttar Pradesh, India, using primary, plot-level data from a village which shares the typic...

by A. Banerji | On 14 Sep 2010

Back on the Rails: Competition and Productivity in State-owned Industry

The importance of Total Factor Productivity (TFP) in explaining output changes is widely accepted, yet its sources are not well understood. We use a proprietary data set on the floor-level operations...

by Sanghamitra Das | On 13 Sep 2010

Measurement of Inflation in India: Issues and Associated Challenges for the Conduct of Monetary Policy

In India, there is a large divergence between CPI and WPI inflation trends in the past, wide dispersion in inflation across commodity groups within WPI, and significant volatility in headline WPI in...

by Nadhanael G V | On 08 Sep 2010

The Evolution of Singapore Business: A Case Study Approach

This volume contains summaries of 12 case studies for three categories of business organisations defined by ownership, i.e. foreign, state and (local) private. The case studies explore the history a...

by Anisha Sabhlok | On 06 Sep 2010

Book Review: Promoting Economic Cooperation in South Asia

Review of 'Promoting Economic Cooperation in South Asia'; S. Ahmed, S. Kalegama and E. Ghani (Editors). Published by Sage Publications, New Delhi, 2010

by Sandhya S . Iyer | On 17 Aug 2010

Sports Retailing in India: Opportunities, Constraints and Way Forward

Sports retail is a small but fast growing segment of modern retail in India. Recently, the country has been hosting many international sports and this has given a boost to this sector. Many foreign...

by Arpita Mukherjee | On 13 Aug 2010

Informal Trade in the SAARC region

This paper explores issues relating to informal trade in the SAARC region. It spells out the reasons underpinning illegal trade in the South Asian region. Further it focuses on the estimated size an...

by Nisha Taneja | On 10 Aug 2010

Youth Labour Markets in Europe and Central Asia

This paper looks at developments in and around the transition of young people from education to work in the ECA region in recent years. The purpose of the paper is to aid understanding of the curren...

by Niall O’Higgins | On 05 Aug 2010

Asian Economic Integration ASEAN+3+1 or ASEAN+1s?

In this paper an attempt is made to evaluate the most efficient approach to regional economic integration in Asia. Given that ASEAN is an existing regional bloc in Asia, alternative approaches to the...

by Amita Batra | On 04 Aug 2010

Determinants of Small-Scale Farmer inclusion in Emerging Moder Agrifood Markets: A Study of the Dairy Industry in India

In response to structural transformations taking place in the Indian dairy sector mainly in processing segment this paper examines determinants of market channel choices of milk produce...

by Vijay Paul Sharma | On 02 Aug 2010

Competition and Collusion in Grain Markets: Basmati Auctions in North India

Many small wholesale grain markets in India are characterized by large numbers of sellers and a relatively small number of buyers, thereby lending the price formation process open to manipulation th...

by J.V. Meenakshi | On 26 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

Residential Location and Youth Unemployment: The Economic Geography of School-To-Work

In response to increased international policy attention to youth unemployment this study investigates post-secondary school transitions of school leavers. Multinomial log it models are estimated for m...

by Regina T. Riphahn | On 09 Jul 2010

Institutions for Asian Connectivity

To make Asia more economically sustainable and resilient against external shocks, regional economies need to be rebalanced toward regional demand- and trade-driven growth through increased regional co...

by Biswa N Bhattacharyay | On 09 Jul 2010

The Unsupportable Support Price : The Government in Paddy Auctions of Northern India

In consonance with the global trend of redefining the role of the government in developing and transition economies from producer to facilitator, there is today a lively debate in India on governm...

by J.V. Meenakshi | On 07 Jul 2010

How Would an Appreciation of the Yuan Affect the People's Republic of China's Surplus in Processing Trade?

Enormous trade surpluses are problematic for the People’s Republic of China (PRC) and the rest of the world. They primarily stem from processing trade. This paper investigates how exchange rate ch...

by Willem Thorbecke | On 30 Jun 2010

The Question of Land and Infrastructure Development in India: Urgently Required Reforms for Fairness and Infrastructural Development

In this paper an analytical critique of the law and restrictions as also of the framework of urban planning and a justification for why major change is required in the approach to land markets, lan...

by Sebastian Morris | On 29 Jun 2010

Price Impact of Block Trades and Price Behavior Surrounding Block Trades in Indian Capital Market

This paper analyzes the permanent (information effect) and temporary (liquidity effect) impact of block trades transacted in the National Stock Exchange of India.[W.P. No. 2010-04-02]

by Sobhesh Kumar Agarwalla | On 29 Jun 2010

The Structure of Tariffs and Long-Term Growth

We show that the ‘skill-bias’ of a country’s tariff structure is positively correlated with long-term per capita GDP growth. Testing for causal mechanisms, we find evidence consistent with the exist...

by Nathan Nunn | On 28 Jun 2010

India-Japan Investment Relations:Trends & Prospects

Though Japan had been one of the top five investors in India for long, its share in India’s total FDI inflows has been dwindling since 2000. Other countries have surpassed Japan in terms of the...

by Geethanjali Nataraj | On 25 Jun 2010

Industrial Tariffs and South Asia I Interpreting for Development

This paper analyses one of the most contentious issues in ongoing negotiations on Non-Agricultural Market Access (NAMA) under the purview of the World Trade Organisation (WTO): the tariff reduction mo...

by Prabhash Ranjan | On 22 Jun 2010

NAMA Tariff Negotiations: What Are South Asia's Best Options?

This paper looks at the possible impact of ongoing tariff negotiations on South Asian countries, namely Bangladesh, India, Nepal, Pakistan and Sri Lanka, at an aggregate level or at the Multilateral T...

by Prabhash Ranjan | On 21 Jun 2010

Matching for Credit: Risk and Diversification in Thai Microcredit Groups

How has the microcredit movement managed to push financial frontiers? In a context in which borrowers vary in unobservable risk, Ghatak (1999, 2000) shows that group-based, joint liability contracts p...

by Christian Ahlin | On 21 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

Parking Space for the Poor: Restrictions Imposed on Marketing and Movement of Agricultural Goods in India

Agricultural markets in India have been regulated since 1928 with the inception of the "Royal Commission of Agriculture." Policy intervention in agriculture was virtually absent till the Bengal Fam...

by Mayank Wadhwa | On 16 Jun 2010

Street Vendors: Exploitation by the State

Street vendors are those millions of people who come to cities as economic refugees hoping to provide basic necessities for their families.They are the main distribution channels for a large variety...

by Shailly Arora | On 15 Jun 2010

The Role of Intermediaries in Facilitating Trade

They are providing systematic evidence that intermediaries play an important role in facilitating trade using a firm-level the census of China's exports. Intermediaries account for around 20% of China...

by Jaebin Ahn | On 14 Jun 2010

Agricultural Development for Peace

Agricultural development can contribute significantly to peace by raising incomes and employment, thereby reducing the social frustrations that give rise to violence. Agricultural growth also gene...

by Tony Addison | On 10 Jun 2010

Trade in Financial Services: India's Opportunities and Constraints

This paper analyzes the prospects for liberalizing financial services under the GATS, in view of India’s interests and concerns in this sector. The paper consists of seven sections. Section 2 discuss...

by Rupa Chanda | On 03 Jun 2010

End of Union Raj

This article talks about the rampant trade unionism which is on the verge of fading with reference to the recent short lived strike by Air India employees and many such cases.

by T.N. Ninan | On 31 May 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

The EU-India FTA in Services and Possible Gender Impact in India: Concern Areas

This paper studies the impact of services trade liberalization under the currently negotiated EU-India FTA on women’s lives in India and tries to delineate the concern areas. Relevant sectors of int...

by Ranja Sengupta | On 25 May 2010

Energy Intensity of Indian Manufacturing Firms: Effect of Energy Prices, Technology and Firm Characteristics

The paper examines the factors that influence energy intensity in Indian industries. It has two parts. In the first part, trends in energy intensity are analysis and cross-industry panel data (taken...

by Bishwanath Goldar | On 13 May 2010

OTC Derivatives Market in India: Recent Regulatory Initiatives and Open Issues for Market Stability and Development

The paper seeks to prove the point that the Indian OTC derivatives markets, unlike many other jurisdictions, are well regulated. Only contracts where one party to the contract is an RBI regulated e...

by Dayanand Arora | On 03 May 2010

The EU India FTA in Agriculture and Likely Impact on Indian Women

This study attempts to provide an analysis of the gender concerns of the proposed EU India FTA in the field of agriculture and suggest policy changes both in the FTA text as well as in domestic poli...

by Roopam Singh | On 08 Apr 2010

Industrializing West Bengal? : The Case of Institutional Stickiness

The paper discuses the role played by institutional behavior in determining the policy outcomes of a state. Apart from secondary data the paper is also based on information collected from selected sta...

by Deepita Chakravarty | On 19 Mar 2010

The EU India FTA in Agriculture and Likely Impact on Indian Women

This study attempts to provide an analysis of the gender concerns of the proposed EU India FTA in the field of agriculture and suggest policy changes both in the FTA text as well as in domestic poli...

by Roopam Singh | On 04 Mar 2010

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

The Current Trade Paradigm and Women's Health Concerns in India: With Special Reference to the Proposed EU-India Free Trade Agreement

India is currently negotiating a Free Trade Agreement with the European Union, which includes not only liberalization of commodity trading, but also a wide range of chapters including deep services ...

by Ranja Sengupta | On 17 Feb 2010

Negotiating the Terms of A New Social Contract: Private Companies, Civil Society and the State in India

A detailed analysis of the stakes and dynamics at play in the public, civil and self-regulation of companies in India is offered. With the rapid growth and modernization of the country as the backdro...

by Damien Krichewsky | On 02 Feb 2010

Water Democracy: Reclaiming Public Water in Asia

This collection of 19 new essays written by civil society activists, trade unionists and other water practitioners, presents examples of ongoing struggles against water privatization and commercia...

by Focus on the Global South FGS | On 22 Jan 2010

Measures of Inflation in India: Issues and Perspectives

A review of the various primary measures of inflation with a particular reference to the divergence between WPI and CPI. Focus is also given on different secondary (derived) measures of inflation, par...

by Deepak Mohanty | On 21 Jan 2010

Bihar’s Miraculous Economic Performance: Myth or Reality?

The Indian media has wrongly compared Bihar's (that is, 11.03per cent) average annual growth during the period 2004-05 to 2008-09 with that of Gujarat (that is, 11.05per cent). While the media has quo...

by Shambhu Ghatak | On 14 Jan 2010

India-Korea Trade and Investment Relations

The present paper analyses trade and investment relations and explores future areas of potential co-operation between India and Korea. The study also suggests the areas where there is huge scope for i...

by Pravakar Sahoo | On 14 Jan 2010

Rethinking Food Security Policies: IDSAsr Declaration

Declaration made at the end of two days national seminar on Food security and Sustainability in India held on November 7-8, 2009 organized by GAD Institute of Development Studies, PO Naushera, Amritsa...

by Gursharan Singh Kainth | On 14 Dec 2009

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

Agricultural Subsidies and Negotiations: Strategies and Options

The paper points out that some provisions of the framework will allow developed countries to maintain and, in some cases, even increase domestic farm support and still remain WTO-compliant. In most ca...

by Parthapratim Pal | On 25 Nov 2009

Think the Future

The time may have come to stop thinking of five-year plans, and to focus instead on 10- and 20-year scenarios.

by T.N. Ninan | On 23 Nov 2009

Post-Conflict Recovery: Does the Global Economy Work for Peace?

This paper mainly addresses the economic dimensions, concentrating on the importance of international trade to state-building and the need for global public goods in a global market economy. The focu...

by Tony Addison | On 23 Nov 2009

Should Asian Countries Adopt Gm Crops Despite Trade Regulations

This brief summarizes a study evaluating the potential economic effects of introducing genetically modified (GM) food crops in India, Bangladesh, Indonesia, and the Philippines in the presence of trad...

by Guillaume Gruère | On 11 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

Intellectual Property Rights in Indian Agriculture

This paper distinguishes the Intellectual Property Rights relevant to agriculture and explain these rights. The international intellectual property law for these rights will be described. India's in...

by Jayashree Watal | On 03 Nov 2009

Second Quarter Review of Monetary Policy 2009 -10

The repo rate has been kept unchanged at 4.75%. The reverse repo rate left steady at 3.25%. The bank rate has been retained unchanged at 6.0%. The cash reserve ratio (CRR) of scheduled banks has been...

by D Subbarao | On 27 Oct 2009

Climate Change and China: Technology, Market and Beyond

The paper discusses the impacts of climate change to the environment of China and most especially to the livelihood of Chinese people there. It analyzed the Chinese government’s position and enumerate...

by Dale Jiajun Wen | On 16 Oct 2009

Emerging Market Concerns: An Indian Perspective

From the perspective of Emerging Market Economies (EMEs) and particularly for that of India, five concerns are expressed. These are: first, timing of exit from the accommodative monetary policy in the...

by D Subbarao | On 15 Oct 2009

Coping with Rising Food Prices: Policy Dilemmas in the Developing World

Rising food prices cause considerable policy dilemmas for developing country governments. Letting domestic prices adjust to reflect the full change in international prices generates inflationary pres...

by Nora Lustig | On 09 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

Kerala Fights Clock in ASEAN Free-Trade Deal

The paper discusses the impacts of free-trade policy on the agricultural exports of Kerala.

by Ranjit Devraj | On 08 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

Poverty Vs Inequality

Are economic reforms and the greater role of markets responsible for growth being anti-poor and anti-equality, or is it the failure of governance in poverty-ridden states like Bihar and Jharkhand that...

by T.N. Ninan | On 22 Sep 2009

Doha Declaration and Compulsory License for Access to Medicines

The Doha Declaration provides for access to medicines particularly by simplifying the compulsory licensing (CL) clause. This paper tries to provide a comprehensive review of the working of CL in the d...

by Lalitha N | On 21 Sep 2009

Monetary Policy, Forex Markets and Feedback Under Uncertainity in an Opening Economy

Options for monetary policy arising from interactions between it and Indian foreign exchange (FX) markets. A brief survey covers recent rapid changes providing a snapshot of current microstructure, ...

by Ashima Goyal | On 14 Sep 2009

End of the Recession

The best economic news of the past two years can be that the worst recession in 80 years may be over.

by T.N. Ninan | On 31 Aug 2009

A Simple Model of the Financial Crisis of 2007-9 with Implications for the Design of a Stimulus Package

The financial crisis of 2007-09 began as a local problem in the mortgage finance market in the United States and Europe but, within months, escalated into a general global financial crisis, resulting...

by Kaushik Basu | On 17 Aug 2009

Developing The Indian Debt Capital Markets: Small Investor Perspectives

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

by Pronab Sen | On 13 Aug 2009

Restoring the Asian Silk Route: Toward an Integrated Asia

Lack of full regional connectivity is one of the major constraints hindering regional growth and integration in Asia, as well as with the rest of the world. One of the conclusions of this paper is tha...

by Biswa N Bhattacharyay | On 11 Aug 2009

A Model of Market Clearing Exchange Rates

This paper formulates a model of exchange rate determination that describes the market processes by which the foreign exchange markets are cleared and international receipts of countries are brought...

by Rajas Parchure | On 06 Aug 2009

The Sraffa System for Continuous Industrial Production

This paper articulates a model of industrial production in which technologies are of continuous-input continuous output-type. It is shown that the model nevertheless has all the essential properties...

by Rajas Parchure | On 31 Jul 2009

Global Financial Architecture: Past and Present Arguments, Advice, Action

In the context of the formation of G-20, the paper points out the absence of reform in the global financial architecture (GFA) after the East Asian crisis, and assesses factors that can improve the ch...

by Ashima Goyal | On 15 Jul 2009

A Status Report on India’s Financial System: A view from the Standpoint of Intermediation and Risk Bearing

The paper seeks to analyse and discuss the impact of financial reform and related institutional change on the process of financial intermediation. In effect reforms stood the earlier quantity driven...

by Chakrabarti B.B. | On 09 Jul 2009

Financialization of Capital - Deterioration of Working Conditions

This paper addresses the issue of establishing a regulatory regime along the production, supply and value chains of multinational corporations in terms of setting labor standards and protecting worker...

by Fichter Michael | On 08 Jul 2009

Examining the Decoupling Hypothesis for India

This paper examines the decoupling hypothesis for India. This paper analyses business cycle synchronization between India and a set of industrial economies, particularly the United States, over the pe...

by Shruthi Jayaram | On 07 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

Reserve Bank of India Statistics Day- Governor's Inaugural Address

The third Annual Statistics Day Conference of the Reserve Bank. It has now become a tradition for to mark the Statistics Day as a tribute to late Professor P.C. Mahalanobis and his colossal contributi...

by D Subbarao | On 02 Jul 2009

Emerging Contours of Financial Regulation: Challenges and Dynamics

The paper attempts to analyse the emerging contours of regulation of financial institutions with an emphasis on the emerging challenges and dynamics. [Paper prepared for Financial Stability Review of...

by Rakesh Mohan | On 29 Jun 2009

Preliminary Note on Financial Crisis and Trade and Investment Treaties

North-South free trade agreements (FTAs), bilateral investment treaties (BITs) and World Trade Organization (WTO) commitments often contain a number of provisions that can increase the likelihood of a...

by Third World Network | On 28 Jun 2009

Inflation and the Poor in Bangladesh

This note analyses the major characteristics of the current inflationary episode in the economy along with its probable impact on different population groups in Bangladesh. The note also draws some po...

by Mustafa. K. Mujeri | On 27 Jun 2009

Transmission of International Commodity Prices to Domestic Prices in Bangladesh

In recent years, Bangladesh has experienced persistent price increases, especially of food items, in the domestic market in the backdrop of global increase in food prices. Such price developments in t...

by M. Golam Mortaza | On 22 Jun 2009

Drug Regulation in the Philippines

Access to essential drugs is vital for the promotion of better health for the entire population. High prices of drugs are being used as an argument for greater government role in the drugs sector thro...

by Allan Grand A. Sobrepeña | On 16 Jun 2009

Offshoring and Unemployment: The Role of Search Frictions and Labor Minority

In this paper, in order to study the impact of offshoring on sectoral and economy wide rates of unemployment, we construct a two sector general equilibrium model in which unemployment is caused by sea...

by Devashish Mitra | On 16 Jun 2009

Employment Promoting Growth in Bangladesh: Monetary and Financial Sector Issues

Although economic growth has improved in recent years in Bangladesh, the better economic performance has not translated into satisfactory poverty reduction. The type of growth that matters Bangladesh...

by Mustafa. K. Mujeri | On 15 Jun 2009

Regulatory Structure Under EC Competition Laws: Lessons for India

Competition law is different from other branches of law. It is not about the fairness or morality to be instilled in the actions which mark societal behaviour. Instead the rules of competition reflect...

by Tarun Jain | On 14 Jun 2009

Ensuring the Conformity of Domestic Law with World Trade Organisation Law India as a case study

The 1994 Marrakesh Agreement establishing the World Trade Organization (the WTO Agreement), requires each WTO member to “ensure the conformity of its laws, regulations and administrative procedures wi...

by Chaisse Julien | On 04 Jun 2009

China- India Economic Engagement Building Mutual Confidence

China and India, Asia's two largest and most dynamic societies, have come to be important players in regional and global decision-making. Both countries have had their share of experience in colonial...

by Swaran Singh | On 03 Jun 2009

Do Social Clauses in Generalized Systems of Preferences Advance the Cause of Women?

While in the era of globalization, millions of women got paid employment in labour-intensive industries in developing countries, they still face precarious working conditions. Women rights violations...

by Franziska Humbert | On 01 Jun 2009

Trading our Way Out of the Financial Crisis: The Need for WTO Reform

In the context of the deepening global crisis that is pushing millions more women, children, and men into poverty in developing countries, development should be the centerpiece of reforming the global...

by Kevin P. Gallagher | On 29 May 2009

Contribution of the Unorganised sector to GDP Report of the Sub Committee of a NCEUS Task Force

The task of the Sub-committee was to review the existing methodologies for estimating the contribution of unorganised/informal sector to GDP and suggest measures to facilitate direct estimation. The G...

by NCEUS NCEUS | On 28 May 2009

Risk Management Lessons from the Global Financial Crisis

During the global financial turmoil of 2007 and 2008, no major derivative clearing house in the world encountered distress while many banks were pushed to the brink and beyond. An important reason for...

by Jayanth R Varma | On 26 May 2009

Interest Groups and Patent Reform in India

India’s patent reforms represent a shift in India’s policy from one of enormous opposition to revising patent laws according to the WTO, to one of compliance with many aspects of TRIPs (Trade Related...

by Anitha Ramanna | On 26 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

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

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

by Sushil J Aaron | On 21 May 2009

PRC-Latin America Economic Cooperation: Going beyond Resource and Manufacturing Complementarity

Despite the rapid development of economic interaction between the People’s Republic of China (PRC) and Latin American and Caribbean (LAC) countries, their trade and investment ties are still in their...

by Masahiro Kawai | On 20 May 2009

Himalayan Journal of Development and Democracy Vol 3:1, 2008

Papers and Proceedings of The Third Annual Himalayan Policy Research ConferenceSession Chairs and Discussants Session 1A: Conflict Resolution and Democratic Transitions Chair: Christopher Can...

by Vijaya R. Sharma | On 19 May 2009

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

No Through Road: The Limitations of Food Miles

The focus of this paper is on food miles issues associated with the import of products from developing countries. As the concept of food miles has been an issue in organic agriculture since before the...

by Els Wynen | On 14 May 2009

Can Ethical Trade Certification Contribute to the Attainment of the Millennium Development Goals? A Review of Organic and Fair-trade Certification

The growth of ethical consumerism in developed countries has led to increased imports of environmentally and socially certified products produced by the poor in developing countries, which could poten...

by Sununtar Setboonsarng | On 13 May 2009

The Asian “Noodle Bowl”:Is It Serious for Business?

A lively debate is taking place over the impact of free trade agreements (FTAs) on East Asia's business between those who view the agreements as a harmful Asian "noodle bowl"—i.e., overlapping regiona...

by Masahiro Kawai | On 13 May 2009

Global Financial Crisis: Causes, Consequences and India’s Prospects

Presentation shows the global financial crisis, the difference between US, Europe and India, RBI’s policy response and impact, lessons from the crisis, medium-term issues and challenges. [Speech deliv...

by Rakesh Mohan | On 29 Apr 2009

AIDAN Policy Brief: Drug Prices and Affordability

India has a booming drug industry and has contributed to making generics at low prices worldwide. But medicines within India are overpriced and unaffordable. Price regulation of medicines is a key pub...

by All India Drug Action Forum AIDAN | On 25 Apr 2009

China’s Socialist Market Economy: Lessons for Democratic Developing Countries

The paper’s focus is on successful Chinese policies that can be emulated by other countries to an extent (within certain bounds) which mentined in the article. The author is not trying to draw lesson...

by Arvind Virmani | On 22 Apr 2009

Essential Drugs in Government Healthcare: Emerging Model of Procurement and Supply

This paper details the procedures adopted by the Tamil Nadu Medical Services Corporation in procuring and supplying essential drugs to the government health care which is a positive measure in ensurin...

by Lalitha N | On 22 Apr 2009

Commit to Reduction in Prices of Medicines

Press Release at press conference on April 10, 2009 at New Delhi. AIDAN appeals to Political Parties Contesting Elections arguing that it is the one thing that will contribute to the lowering of...

by All India Drug Action Forum AIDAN | On 13 Apr 2009

Trade in Energy Services: GATS and India

India’s opportunities and constraints to trade in energy services within the GATS framework are examined. The study found that India has the capability of exporting high-skilled manpower at competit...

by Arpita Mukherjee | On 25 Feb 2009

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

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

by Duvvuri Subbarao | On 24 Feb 2009

Indian Railways in the Past Twenty Years Issues, Performance and Challenges

To understand the development process of Indian Railway’s over the past twenty years, the study covers issues and strategies related to financial and physical aspects of revenue generating freight and...

by G. Raghuram | On 06 Jan 2009

Micro, Small and Medium Enterprises in India: Unfair Trade

This paper attempts a critical review of the performance and policy concerning the micro, small and medium enterprises (MSMEs) in globalizing India since the early 1990s whence economic reforms were...

by Keshab Das | On 02 Jan 2009

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

Global and Regional Shocks: Challenges to Asian

Two major economic problems are currently shadowing Asian economies. On the one hand, the slowdown in the US economy, ignited by the subprime mortgage crisis, may not be confined to the US region...

by Kwanho Shin | On 05 Dec 2008

Trade in Health Services

The paper provides an overview of the nature of trade in health services in the world economy. It oulines some of the general implications of trade in health services for national health systems for a...

by Rupa Chanda | On 13 Nov 2008

Agflation and the PDS: Some Issues

In the context of the current public policy focus on rising food prices and their implications for food security, this paper examines two major issues raised: (i) Universalization of the public distri...

by Suryanarayana M H | On 04 Nov 2008

Developing a ‘Vertical’ Dimension to Chronic Poverty Research: Some Lessons from Global Value Chain Analysis

This paper aims at developing an explicit ‘vertical’ dimension to chronic poverty research that focuses on ‘adverse incorporation and social exclusion’ (AISE). an effort is made here to sensitise lite...

by Stefano Ponte | On 31 Oct 2008

Hobbes, Coase and Baliraja: Equity and Equality in Surface Water Distribution

It is attempted to understand the implications of equality in water distribution on social welfare with a simple abstract analysis using Leontief-type fixed production function.

by Sashi Sivramakrishna | On 16 Oct 2008

Having Customers Share The Perception Of Quality Assessments On The French Wine Market

The wine market is a pretty paradoxical research object for the economical and marketing studies. In France alone, every year, hundreds of thousands of new brand differentiated products are marketed....

by Geneviève Teil | On 15 Oct 2008

An Open Services Regime Recipe for Jobless Growth?

This paper reviews India’s experience to understand how services sector liberalisation can generate (welfare) gains for developing countries, in particular vis-à-vis its employment generation potenti...

by Suparna Karmakar | On 14 Oct 2008

FTA with Australia by next year

Malaysia and Australia hope to conclude free trade agreement (FTA) negotiations by 2009, said International Trade and Industry Minister Tan Sri Muhyiddin Yassin. [Bilaterals.org]

by Teh Eng Hock | On 08 Oct 2008

An Ethnographic Study on Women in Prostitution in Bihar

The study tries to focus on the violation of human rights that occur in prostitution. It holds that it is the responsibility of the state to protect these human rights and address the fundamental stru...

by Nina Srivastava | On 30 Sep 2008

Agriculture and NAMA Negotiations: Searching for the Landing Zone.

This Centad working paper takes a critical look at the Hong Kong Ministerial text on agriculture and NAMA. On the basis of this analysis, the paper suggests specific and important negotiating points f...

by Prabhash Ranjan | On 30 Sep 2008

Who Wins If We Get a Free Trade With US?

The paper discuses the effects free trade with United States of America will have on New Zealand, and its economy.

by Bill Rosenberg | On 29 Sep 2008

Free Trade Agreement : A Campaign of Deception

The paper analyzes the impact of Colombia,s free trade with USA on the economies of US and Colombia. It also discuses the relationship between USA and Colombia.

by Nicole Lee | On 25 Sep 2008

A New Era of World Hunger?- The Global Food Crisis Analyzed

This paper is an account of the main streams discussed in an international conference, held in New York in April 2008, organized by the Friedrich Ebert Foundation and Global Policy Forum, which cons...

by James A. Paul | On 24 Sep 2008

Estimating the Probability of Trade Union Membership in India: Impact of Communist Parties, Personal Attributes and Industrial Characteristics

The paper analyses the impact of the reach of communist parties, the degree of political activism, personal attributes of workers, and industrial characteristics on the individual decision to unionise...

by Rupayan Pal | On 22 Sep 2008

India's Climate Change Policy and Trade Concerns: Issues, Barriers and Solutions

This study assesses the Five Year Plans and relevant government policies adopted to garner India's climate change goals and priorities. It attempts to highlight key climate change concerns from a brie...

by Centre for Trade and Development CENTAD | On 17 Sep 2008

China and India: A Tale of Two Trade Integration Approaches

The comparison of the key features of trade integration processes and the economic outcomes in China and India reveals that while much has already been achieved in both these economies, the Chinese re...

by Przemyslaw Kowalski | On 09 Sep 2008

Import Quotas, Export Promotion and Intra-industry Trade

Despite more than a quarter century of intense research into the phenomenon of intra-industry trade (the import and export of goods belonging to the same industry, hereafter abbreviated as IIT), se...

by Aditya Bhattacharjea | On 01 Sep 2008

Trading with Asia’s Giants

India represents a sharp contrast to China in the small size of its goods trade. Although India’s GDP is a third that of China, its global trade is only about 12 percent as large while its trade with...

by Barry Bosworth | On 22 Aug 2008

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

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

by K.N. Nair | On 31 Jul 2008

Macroeconomic and Monetary Developments First Quarter Review 2008-09

The Reserve Bank released the document “Macroeconomic and Monetary Developments: First Quarter Review 2008-09” to serve as a backdrop to the First Quarter Review of Annual Policy Statement for 2008-0...

by Reserve Bank of India | On 28 Jul 2008

Are Fair Trade Labels Effective Against Child Labor?

In this paper, a model of North-South trade is developed to analyze the impact of a label certifying the absence of child labour in the export production of the South. [WP no 144].

by Jean Marie Baland | On 19 Jul 2008

Foreign Entry and Domestic Welfare: Can “Market Discipline” be Excessive

For most developed countries, "opening up" of the economy has meant the reduction of non-prohibitive tariffs and the easing or abolition of quantitative restrictions. For manydeveloping countries and...

by Aditya Bhattacharjea | On 20 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

Draft Modalities on Non-Agricultural Market Access

The revised text is the product of his bilateral and plurilateral consultations of the February meeting and builds on the July 2006 text “Towards NAMA modalities”, and the Hong Kong Ministerial Declar...

by World Trade Organisation WTO | On 19 Jun 2008

Draft Modalities for Non-Agricultural Market Access: Second Revision

The chair of the Non Agricultural Market Access (NAMA) negotiating group, ambassador Don Stephenson, released on 19 May 2008 the revised draft negotiating text to focus further discussions towards mod...

by World Trade Organisation WTO | On 19 Jun 2008

Globalization and Securing Worker Rights for Women in Developing Countries

The paper reviews the impact of Globalization on developing economies workers in informal economy and gender implications on the process. Globalization created some insecurity for the workers in infor...

by Jeemol Unni | On 05 Jun 2008

Viet Nam,Human Rights and Trade

With the liberalization of trade Viet Nam became the 150th member of World Trade Organization in January 2007. The country became an example to the world on how trade can spur the economic and social...

by David Kinley | On 03 Jun 2008

Inflation: Sign and Symptom of Mismanagement

Inflation impacts on the social and political life and it is the poor who bear the consequences most. There can be no room for tardiness in taking measures to control inflation. [See synopses of par...

by Shambhu Ghatak | On 21 Apr 2008

Sins of Omission

The question today is whether all the issues that were neglected when things were going well, will now get due attention when we can see even more clearly what needs to get done.

by T.N. Ninan | On 19 Apr 2008

Maharashtra Budget 2008-09 Part I

Budget presented by the finance minister for the year 2008-09.

by Maharashtra Government | On 20 Mar 2008

Trade and Inequality: The Role of Economists

The role of economists in trade debates is especially pernicious because there is no area of economics in which economists have been less honest about what their models show. They have consistently ex...

by Dean Baker | On 17 Mar 2008

A Sugar Policy for India Comment on D R Gadgil

D.R. Gadgil, wrote at length about the need for a long-term sugar policy and its efficient implementation is needed in India. What is the current relevance of his ideas?

by Aparna Mitheel Jaikar | On 13 Mar 2008

Environmentally Sound Technologies for Sustainable Development of China and India

The paper compares policy responses of China and India to the global requirements of trade and environment regimes as well as the domestic compulsions are compared.

by Sankar U | On 11 Feb 2008

The Rehabilitation and Resettlement Bill, 2007

A bill to provide for the rehabilitation and resettlement of persons affected by the acquisition of land for projects of public purpose or involuntary displacement due to any other reason, and for mat...

by Lok Sabha | On 07 Feb 2008

Union-Oligopoly Bargaining and Entry Deterrence:A Reassessment of Limit Pricing

This paper introduces wage bargaining in the framework of Milgrom and Roberts where the workers' reservation wage is the relevant information parameter critical for entry. The authors show that ent...

by Rupayan Pal | On 06 Feb 2008

Transport: Then, now, and Tomorrow

A historical survey of transport to demonstrate that transport has always been recognised as of paramount importance for the wellbeing of the whole community, that a combination of collective and indi...

by Ralph Harrington | On 01 Feb 2008

Third Quarter Review of Annual Monetary Policy for the Year 2007-08

Review consists of three sections: I. Assessment of Macroeconomic and Monetary Developments; II. Stance of Monetary Policy; and III. Monetary Measures. An analytical profile of macroeconomic a...

by Y V Reddy | On 30 Jan 2008

Macro-economic Management of the Indian Economy: Capital Flows, Interest Rates and Inflation

The paper lays out a consistent frame work for monetary management in the context of excess capital inflows. There is an urgent need for developing competitive, open and well regulated markets for (...

by Arvind Virmani | On 24 Jan 2008

Review of Globalisation and Opening Markets in Developing Countries and Impact on National Firms and Public Governance: The and Impact on National Firms and Public Governance: The Case of India

Review of Globalisation and Opening Markets in Developing Countries and Impact on National Firms and Public Governance: The Case of India by Jean-Francois Huchet & Joel Ruet, Scientific Coordinators,...

by Lakshmanan L | On 19 Jan 2008

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

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

by Ramanjaneyulu G V | On 05 Jan 2008

Optimal Patent Length in a North-South Framework

Under certain conditions it is optimal for the noninnovating south to give patent protection for a longer time period than the innovating north. A cooperative patent agreement involves a larger protec...

by Swapnendu Banerjee | On 03 Jan 2008

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

The Growing Importance of Emerging Economies in the Globalised World and its Implications for the International Financial Architecture

The growing importance of India and other emerging economies in the globalized world are given in this lecture. This group of economies is not easy to define. However, some reflections on the implicat...

by Jean-Claude Trichet | On 30 Nov 2007

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

Fasten Your Seatbelts! Monetary Policy Challenges in Turbulent Times

One of the burning issues at the moment relates to increasing the “voice” or representation of emerging-market economies in international financial institutions such as the IMF and World Bank. There a...

by Mboweni T.T. | On 13 Nov 2007

Monetary Conditions Index for India

The authors attempt to construct a monetary conditions index (MCI) for India in order to take both interest rate and exchange rate channels simultaneously into consideration while evaluating the stanc...

by Kannan R | On 08 Nov 2007

Recent Financial Market Developments and Implications for Monetary Policy

The nature of the financial turbulence that happened recently in US and Europe, why it happened, where it happened, and the implications for central banks. Some of the forces that led up to and charac...

by Rakesh Mohan | On 12 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

Groundwater Management and Ownership: Report of Expert Group

It is time India recognises its dependency on groundwater resources, which is only going to increase in the coming years, partly because of growing urbanisation and industrialisation. In view of the g...

by Kirit Parikh | On 03 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

Guidelines for the Examination of Pharmaceutical Patents: Developing a Public Health Perspective

This paper is intended to be a contribution towards the improvement of transparency and efficiency of patentability examination for pharmaceuticals inventions, particularly in developing countries. I...

by Carlos Correa | On 23 Sep 2007

Volatality of Agricultural Prices – An Analysis of Major International and Domestic Markets

The price volatility of agricultural commodities assumes critical importance in the context of the ongoing debate regarding agricultural trade liberalisation in India. The arguments against agricultur...

by C S C Sekhar | On 12 Sep 2007

Monetary Policy Developments in India: An Overview

A review of the recent developments in the Indian Economy. Review of the trends in monetary policy challenges globally and for emerging market economies (EMEs) in particular. The monetary policy frame...

by Y V Reddy | On 10 Sep 2007

Price Incentives, Nonprice factors, and Crop Supply Response: The Indian Cash Crops

Agriculture as a source of growth was sorely neglected in the early development strategies of the currently developing countries. Realisation of this shortcoming prompted public policy in these countr...

by Sunil Kanwar | On 06 Sep 2007

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

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

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

OECD Agricultural Trade Reforms Impact On India's Prces and Producer's Welfare

The welfare of the producers are analysed with the main focus on small farmers. The analysis presented in the paper is an approximation of the general equilibrium analysis. The four parts of this appr...

by Surabhi Mittal | On 16 Jul 2007

Trade Policy and Urban-Rural Inequalities In LDCS: A Simulation Experiment With A New Economic Geography Model

This paper follows the new economic geography approach to model the relationships between trade policy and spatial agglomeration of production in the context of a small open developing economy. It c...

by Ayele Gelan | On 13 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

Trade and Economic Arrangements Between India and South Asia in the Context of Regional Construction and Globalisation

The different arrangements and groupings involved between India and South- East Asia are presented. The multi-faceted relations between them is asked in institutional terms, but also in normative term...

by Laurence Henry | On 06 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

Does the Market Matter? Economic History of an Indian Region in a Euro-Centric View

The 18th Century Deccan was a highly commercialised, market driven society, quite unlike the descriptions of "traditional" Indian societies in the literature. In many ways, this society was similar to...

by Neeraj Hatekar | On 27 Jun 2007

Industrial Clusters in India: Perspectives and Issues for Research

Considering the Indian context as the basis of enquiry into industrial clustering three important issues that largely determine the performance and strategy of firms to survive compete and grow are id...

by Keshab Das | On 27 Jun 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

Trade Liberalization and Industrial Productivity: An Assessment of Developing Country Experiences

The relationship between trade liberalization and industrial productivity in developing countries, drawing upon a large number of studies in Latin America, Africa and Asia is explored. Beginning with...

by Deb Kusum Das | On 18 Jun 2007

Trade Adjustment and Human Capital Investments: Evidence from Indian Tariff Reform

Do the short and medium term adjustment costs associated with trade liberalization influence schooling and child labor decisions? This question is examined in the context of India's 1991 tariff reform...

by Eric Edmonds | On 13 Jun 2007

Impact of Liberalisation on Wages and Employment in Indian Manufacturing Industries

The impact of liberalisation on labour markets is examined by the impact of foreign direct investment (FDI), trade and technology on wages and employment in Indian organised manufacturing industries...

by Rashmi Banga | On 01 Jun 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

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

India's Informal Trade With SriLanka

The study is based on an extensive survey carried out in the Indian cities of Chennai, Trichy, Thiruvananthapuram, Tuticorin, Mumbai and Rameshwaram. Informal trade between India and Sri Lanka is larg...

by Nisha Taneja | On 19 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

Indo-Sri Lanka Trade In Services: FTA II And Beyond

India and Sri Lanka are in the process of negotiating Comprehensive Economic Partnership Agreement. In this context, the study shows that since there has been an increase in services trade between the...

by Nisha Taneja | On 09 Apr 2007

Trade in Services and South Asia: An Aggressive Agenda

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

by Rupa Chanda | On 05 Apr 2007

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

Groundwater Irrigation in North India: Institutions and Markets

This paper analyzes the institutions and markets that govern groundwater allocation in the sugarcane belt of Uttar Pradesh, India, using primary, plot-level data from a village which shares the typica...

by Banerji A | On 21 Mar 2007

Will The WTO Prevent The Growth Of Ethical Trade? Implications Of The International Policy Environment For Ethical Trade

The paper explores the factors that are pushing the development of ethical trade and also the potential constraints.

by Anne Tallontire | On 15 Mar 2007

WTO Agreements and Indian Agriculture: Retrospection and Prospects

By the end of 1999 World Trade Organization (WTO) will complete its five years of existence. At that time, re-negotiation on Agreement on Agriculture (AOA) will also begin. It is time to take a retros...

by Satish Y Deodhar | On 14 Mar 2007

Challenges Facing Fair Trade: Which Way Now?

Approaching maturity, Fair Trade faces challenges at both ends of the supply chain, reflecting the dual roles of Fair Trade as a business and development instrument. Who should supply the Fair Trade...

by Anne Tallontire | On 12 Mar 2007

Coffee, Tea Or Pepper? Factors Affecting Choice Of Crops By Agro-Entrepreneurs In Nineteeneth Century South-West India

Ever since plantation agriculture initiated by European capital and enterprise became an important form of exploitation of resources in the colonies, small holdings and small holders in the plantation...

by Michael Tharakan | On 05 Mar 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

Medico Friend Circle Bulletin, 318-319, August-November 2006

Contents: Data Exclusivity: Another Self-Goal and a Trade Barrier S.Srinivasan. Medico Friend Circle Letter to PM on DE. DE in International Trade Agreements. IDMA on DP and DE. Safeguards if...

by Medico Friend Circle | On 01 Feb 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

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

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

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

India’s Rising Role in Asia

This paper strongly suggests that India has been far more intricately integrated with the rest of Asia than has commonly been perceived or acknowledged. This is particularly the case if overall value...

by Mukul Asher | On 12 Dec 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

Availability and Price Management of Drugs and Pharmaceuticals

The Committee’s present examination of ‘Availability and Price Management of Drugs and Pharmaceuticals’ is with the objective of making available quality medicines at affordable prices to the masses....

by Ministry of Chemicals and Fertilisers, Government | On 21 Nov 2006

Medico Friend Circle Bulletin, August-November 2006, 318-319

Data Exclusivity: Another Self-Goal and a Trade Barrier S.Srinivasan Medico Friend Circle Letter to PM on DE DE in International Trade Agreements IDMA on DP and DE Safeguards if Decision by Go...

by Medico Friend Circle | 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

Globalization and China's 'Race to the Bottom' in Labour Standards

Globalization, or integration with the world economy via WTO membership, was expected to increase foriegn investment and benefit the labour intensive manufacturing sector in China. Yet, although forei...

by Anita Chan | On 26 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

Enclosure,Biocommons and Open Source:In Search of Alternatives

The upward harmonization through TRIPS, the TRIPS Plus provision in various bilateral and free trade agreements is resulting in the global spread of the enclosure with nation states acting as guaran...

by Krishna Ravi Srinivas | On 29 Aug 2006

Trade Liberalisation and Digital Divide: an Analysis of the Information Technology Agreement of WTO

This article reflects on the effectiveness of trade liberalization, as envisaged in the Information Technology Agreement (ITA) of the WTO, for promoting ICT use and production in developing countrie...

by K.J. Joseph | On 29 Jul 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

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

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

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

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

Constituting Development: Encountering the deprivation of the ‘poor’ under the ‘reform’ apparatus in India

The paper addresses three main issues: The nature of economic reforms and how growth is segregated within the sectors; secondly, limitations of the poverty line approach to estimate the development of...

by Saji M. | On 31 Mar 2006

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

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

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

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

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

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

Attracting Export-Oriented FDI:Can India Win the Race?

Why has India has performed poorly in attracting export oriented foreign direct investment (EFDI) as compared to its peer groups such as China. The empirical literature on the location of EFDI indic...

by Jaya Prakash Pradhan | On 20 Feb 2006

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

Will Russia win the ‘Gas War’?

Russia’s Gazprom, the world’s largest gas company, has precipitated serious tensions among the post-Soviet countries by sharply hiking gas prices this winter. Gazprom has been supplying gas to these c...

by R.G. Gidadhubli | On 07 Feb 2006

Transition to Market and Normative Framework of Fiscal Federalism

This paper deals with the challenges of fiscal federalism in planned economies. Planned economies through their various policy instruments to control the resource allocation introduce several source...

by M.Govinda Rao | On 06 Feb 2006

Macroeconomic and Monetary Developments: Third Quarter Review, 2005-06

The robust performance of the Indian economy continued during the second quarter (July-September) of 2005-06. According to the Central Statistical Organisation (CSO), the economy recorded a real GDP...

by Reserve Bank of India | On 02 Feb 2006

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

Macroeconomic and Monetary Developments: Third Quarter Review 2005-06

Contents I. The Real Economy -- 1 Agricultural Situation Industrial Performance Business Expectations Surveys Services Sector II. Fiscal Situation 14 Combined Government Fi...

by Reserve Bank of India | On 25 Jan 2006

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

Towards Developing Subsidy Disciplines under GATS

The next major boost to world trade is expected to come from greater trade in services. And this is possible only when greater liberalization in services is achieved which in turn depends on the prog...

by Rajeev Ahuja | 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

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

Turning Hills into Mountains?Current Commitments under the GATS and Prospects for Change

It has become increasingly clear that the services negotiations under the Doha Development Agenda will not produce significant improvements on current commitments unless major new impetus is provided....

by Rudolf Adhung | On 11 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

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

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

The Quest of Economic community in East Asia: Thailand's Perspective

To make the Customs Union in East Asia happen, what is needed the most now are political will and concerted efforts. FTAs should not be the end of economic cooperation in Asia. Instead, the onsolidati...

by Nipon Poapongsakorn | On 22 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

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 in Anti-dumping: First Decade of WTO

There has been a significant decline in anti dumping initiations. This is a welcome trend as there is scant support in economic literature for anti-dumping action. The trend might well indicate the ef...

by C. Satapathy | On 04 Oct 2005

Trade Liberalization, Poverty And Inequality: Evidence From Indian Districts

Although it is commonly believed that trade liberalization results in higher GDP, little is known about its effects on poverty and inequality. This paper uses the sharp trade liberalization in India i...

by Petia Topalova | On 29 Sep 2005

Survey Of Research In Industrial Sociology (1987-2002)

This paper attempts to assess the research done in the field of industrial sociology during the period 1987 and 2002. Only published work have been noted. The review does not cover unpublished M. Phil...

by Sharit Bhowmik | On 01 Sep 2005

Medico Friend Circle Bulletin 310, April-May 2005

Medico Friend Circle, April-May 2005, featuring Background papers for annual Theme Meet on Quality and Cost of Health Care

by Anonymous | On 24 Aug 2005

Drug Pricing: Rajya Sabha August 17, 2005

Rising drug prices and misuse of drugs: Calling Attention

by Anonymous | On 19 Aug 2005

Agreement On South Asian Free Trade Area (SAFTA)

Motivated by the commitment to strengthen intra-SAARC economic cooperation to maximise the realization of the region's potential for trade and development for the benefit of their people, in a spirit...

by Anonymous | On 13 Aug 2005

European Slave Routes in the Indian Ocean

This paper attempts to discuss the implications of the European slave trade in the Indian Ocean from 15th century onwards; duplicity of the European policy of slave trade; the conflict of interests am...

by Aparajita Biswas | On 08 Aug 2005

Trade Liberalization And Pollution Havens

U.S. Presidential Executive Order 13141 commits the United States to a "careful assessment and consideration of the environmental impacts of trade agreements." The most direct mechanism through which...

by Josh Ederington | On 06 Aug 2005

The IMF in a World of Private Capital Markets

The IMF attempts to stabilize private capital flows to emerging markets by providing public monitoring and emergency finance. In analyzing its role we contrast cases where banks and bondholders do the...

by Barry Eichengreen | On 05 Aug 2005

From Governments To Markets: Funding Urban Infrastructure

Provision of quality urban infrastructure is an area of major concern forthe Indian Economy. The environment defined by the context of globalisation and privatisation has implied fiscal compression an...

by Abhay Pethe | On 05 Aug 2005