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Matching keywords : foreign exchange markets; intervention; information; exchange rate bounds

Prakriti Karyashala Case Studies: Regain and Regenerate Creating Accountability for the Commons

The mere passing of laws and regulations to preserve village commons, regenerate natural resources and enrich villages does not ensure their operationalisation. What is needed is a concerted attempt t...

by Anjali P Iyer | On 23 Jan 2021

Urban Development Perspectives of Affordable Housing Strategy

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

by Narayanan Edadan | On 08 Oct 2020

Business Standard Weekend Ruminations: The market as weapon: What China has long exploited India has rarely used

Opening up India's market to neighbouring countries can be as strategic as access denial to others. The game should be played both ways, even if it upsets domestic business lobbies.

by T.N. Ninan | On 16 Aug 2020

Introduction: Political Journeys in Health - Essays by and for Amit Sengupta

Understanding science is the only way to understand the microbe—SARS-CoV-2—and what it does to our bodies. Fighting a pandemic requires a well-functioning public health system. The crisis created by...

by | On 20 Jul 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

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

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

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

by Farhad Taghizadeh-Hesary | On 01 Apr 2019

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

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

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

by Dushni Weerakoon | On 28 Mar 2019

The Anomaly of Women’s Work and Education in India

This paper utilizes a large cross-section of data sets such as the ILOSTAT, NSSO Quinquennial Employment and Unemployment Survey, Labour Bureau Annual Employment and Unemployment Survey, National Fami...

by Surbhi Ghai | On 03 Feb 2019

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

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

by P. Kavitha | On 01 Feb 2019

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

Outward FDI and Crossborder M&As by Indian Firms: A Host Country-Level Analysis

This paper tries to understand the trends and the pattern of Outward Foreign Direct Investment (OFDI) by Indian firms and the factors that determine OFDI from India through Cross-Border Mergers and Ac...

by P.L. Beena | On 31 Jan 2019

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

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

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

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

by Nguyet Thi Minh Phi | On 28 Jan 2019

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

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

by Ranjan Kumar Mohanty | On 23 Jan 2019

Insights from Behavioral Economics on Current Policy Issues

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

by Ashima Goyal | On 29 Oct 2018

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

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

by Dean Karlan | On 04 Oct 2018

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

Aging and Implications for Elderly Care Services in the People’s Republic of China

Aging can be harmful to an economy over the long run, as an increase in the share of the elderly population reduces both the labor force and output per adult, and increases the social security burden....

by Hiroko Uchimura-Shiroshi | On 10 Sep 2018

Strengthening India’s External Intelligence Infrastructure: An Assessment .

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

by Shantanu K. Bansal | On 04 Sep 2018

Market Expanding or Market Stealing? Platform Competition in Bike-Sharing

The recent rise of dockless bike-sharing is dominated by two platforms: one started first in 82 Chinese cities, 59 of which were subsequently entered by the second platform. Using these variations, th...

by Guangyu Cao | On 01 Sep 2018

The People’s Republic of China’s Long-Run Growth through the Lens of the Export-Led Growth Model

The People’s Republic of China’s (PRC) remarkable growth performance over the last 3 decades has been associated to very robust export growth, so much so that many refer to it as a clear example of ex...

by Jesus Felipe | On 29 Aug 2018

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

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

by Connie Bayudan-Dacuycuy | On 27 Aug 2018

Vulnerability to Poverty in the Philippines: An Examination of Trends from 2003 to 2015

The reduction of poverty is at the heart of the development agenda both nationally and globally. This is reflected in the Philippine Development Plan, and the worldwide commitment toward the Sustainab...

by Jose Ramon G. Albert | On 27 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

Financial Barriers to Development of Renewable and Green Energy Projects in Asia

The expansion of green renewable energy has been very limited in all the Asian countries, despite their various differences. The contributing factors are numerous, but, the financial factor has been t...

by Hooman Peimani | On 16 Aug 2018

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

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

by Purkayastha Dhruba | On 13 Aug 2018

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

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

by Ranaporn Tantiwechwuttikul | On 13 Aug 2018

Alternate Instruments to Manage the Capital Flow Conundrum: A Study of Selected Asian Economies

The paper analyses a nationally representative data set from India for the year 2013 in order to provide evidence on how short term migration is affected by household's ownership of land, and particip...

by Rajeswari Sengupta | On 25 Jul 2018

Portfolio Composition and Valuation Effects in Emerging Market Economies

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

by Ashima Goyal | On 25 Jul 2018

Macroeconomic Overview of the Philippines and the New Industrial Policy

This short paper has two main sections. The first section presents a more detailed picture and overview of the macroeconomic performance of the Philippines behind the Philippines’ remarkable growth. T...

by Maureen Ane D. Rosellon | On 06 Jul 2018

Results of the Assessment of the Motor Vehicle User’s Charge Utilization in the Philippines

This paper finds that transparency and efficiency in collection should be improved through automation and accurate recording. Project identification and investment programming must also adhere to the...

by Sheilah G. Napalang | On 29 Jun 2018

On Existence and Properties of Pure-strategy Equilibria under Contests

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

by Sakshi Gupta | On 22 Jun 2018

Fair play in Indian Health Insurance

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

by Shefali Malhotra | On 15 Jun 2018

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

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

by Farhad Taghizadeh-Hesary | On 09 Jun 2018

Assessing the Effectiveness of IMF Programs Following the Global Financial Crisis: How Did It Change Since the Asian Crisis?

The paper identifies key features of International Monetary Fund (IMF)–supported programs following the 2008 global financial crisis. The statistical analysis of a large sample of countries that borro...

by Carlos De Resende | On 09 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

Financial Inclusion, Financial Literacy, and Financial Education in AZerbaijan

This paper discusses the status of financial inclusion, education, and literacy in Azerbaijan as well as measures to foster the development of SMEs, which currently have inadequate access to financial...

by Gubad Ibadoghlu | On 07 Jun 2018

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

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

by Armen Nurbekyan | On 07 Jun 2018

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

Forward Guidance

The paper assesses the power of forward guidance—promises about future interest rates—as a monetary tool in a liquidity trap using a quantitative incomplete-markets model. The results suggest the effe...

by Marcus Hagedorn | On 24 Apr 2018

Revisiting Rates of Return to Agricultural R&D Investment

This study proposes the use of partial least squares to determine the key parameters of the perpetual inventory method model of capital stock as a new approach to calculate research and development (R...

by Alejandro Nin Pratt | On 13 Apr 2018

Special Economic Zones for Myanmar

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

by Amit K. Khandelwal | On 12 Apr 2018

Explaining the Growth of CSR within OECD Countries: The Role of Institutional Legitimacy in Resolving the Institutional Mirror vs. Substitute Debate

The study has developed three hypotheses based on two (rationalist and constructivist/sociological) strands of institutional theory. Based on a new dataset comprising the corporate membership in busin...

by Daniel Kinderman | On 12 Apr 2018

Non-Linear, Asymmetric and TimeVarying Exchange Rate Pass-Through: Recent Evidence from India

Exploring nonlinearities and time variations in exchange rate pass-through (ERPT) to consumer prices in India for the period from April 2005 to March 2016, this paper finds ERPT is asymmetric with pas...

by | On 09 Apr 2018

Informality, Governance and Growth

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

by Dibyendu Maiti | On 05 Apr 2018

Climate Policy under Cooperation and Competition between Regions with Spatial Heat Transport

The paper builds a novel stochastic dynamic regional integrated assessment model (IAM) of the climate and economic system including a number of important climate science elements that are missing in m...

by Yongyang Cai | On 04 Apr 2018

Characteristics of the Workers in the Urban Informal Sector of Pakistan

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

by A. R. Kemal | On 02 Apr 2018

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

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

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

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

by Lekha Chakraborty | On 19 Mar 2018

Investment Choice with Managerial Incentive Schemes

In this paper we show that firms might get an additional strategic benefit from using marginal-cost-reducing investments in conjunction with a managerial incentive scheme. While both these instrumen...

by | On 12 Mar 2018

Managing Financial Globalization: Insights from the Recent Literature

This paper seeks to draw lessons for developing countries based on a survey of the recent literature on financial globalization. First, while capital account openness holds promises (by potentially lo...

by Shang-Jin Wei | On 10 Mar 2018

Incentives Can Reduce Bias in Online Reviews

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

by Ioana Marinescu | On 07 Mar 2018

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

Business Cycle Measurement in India

This paper presents the business cycle chronology for the Indian economy. Two distinct phases are analysed. The pre-1991 period when the cycles were mainly driven by monsoon shocks. The post 1991 phas...

by Radhika Pandey | On 03 Mar 2018

Microfinance and Women EmpowermentEmpirical Evidence from the Indian States

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

by | On 27 Feb 2018

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

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

by M.A. Oommen | On 27 Feb 2018

India and Bhutan: The Strategic Imperative

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

by | On 20 Feb 2018

State Level Fiscal Reforms in India: Some Core Issues

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

by K.K. George | On 15 Feb 2018

Determinants of R&D Behavior of Foreign Firms in India

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

by Savita Bhat | On 13 Feb 2018

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

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

by Harinder Sekhon | On 12 Feb 2018

A Shift from Crime to Terrorism: Assessing D-Company

This paper offers an analysis of the causes behind the changing philosophy and practices of one of the well-known crime organizations from India to move closer towards terrorism to support its crimina...

by Ajey Lele | On 09 Feb 2018

What Explains Current Account Surplus in Korea?

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

by Han Chirok | On 01 Feb 2018

State of State Finances 2018

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

by Mandira Kala | On 01 Feb 2018

Economic Survey 2017: Volume II, Chapter 9: Services Sector

The report says that as per the UN National Accounts Statistics data, India’s ranking improved from 14th position in 2006 to 7th position in 2016, among the world’s 15 largest economies in terms of ov...

by Arun Jaitley | On 31 Jan 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

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

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

by Lee Woong | On 30 Jan 2018

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

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

by Chanchal Kumar Sharma | On 22 Jan 2018

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

Northeast India: The Emerging Scenarios

The paper narrates that in today’s age of globalization and trans-border connectivity, the Northeast is fast emerging as the potential gateway for India to Southeast and East Asia through Myanmar.

by Namrata Goswami | On 17 Jan 2018

Urban Employment in India: Recent Trends and Patterns

This paper explores trends in urban employment in India, with a focus on urban informal employment (defined as informal wage employment and self-employment in informal enterprises, as well as informal...

by Martha Alter Chen | On 02 Jan 2018

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

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

by Vicente Yu III | On 01 Jan 2018

Technology Transfer & Intellectual Property Rights

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

by Linsu Kim | On 27 Dec 2017

The Value of Pharmacogenomic Information

This paper studies of couple evidence from a real-world implementation of pharmacogenomic testing with a discrete event simulation model. It uses the framework to evaluate the cost-effectiveness of va...

by John A. Graves | On 18 Dec 2017

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

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

by Rashmi Barua | On 12 Dec 2017

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

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

by Jose Ramon G. Albert | On 11 Dec 2017

Response of Firms to Listing: Evidence from SME Exchanges

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

by | On 11 Dec 2017

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

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

by World Bank [WB] | On 08 Dec 2017

Informal Economy Budget Analysis in Philippines and Quezon City

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

by Francie Lund | On 07 Dec 2017

Monetary Policy and Credit Demand in India and Some EMEs

Impact of changes in policy rate of interest on demand for bank credit is examined for seven emerging market economies including India for the period 2002 to 2010. Panel data techniques are used after...

by | On 01 Dec 2017

The Culmination of the MDG’s: A New Arena of the Sustainable Development Goals

Established in 2000; the Millennium Development Goals had played a major role in bringing back the developmental issues to focus. Nearing the end of the stipulated time when they had to be achieved a...

by | On 24 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

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

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

by Syed Ahmed | On 20 Nov 2017

Management of Capital Flows in India

Increased integration with global financial markets has amplified the complexity of macroeconomic management in India. The diverse objectives of a robust growth rate, healthy current account deficit,...

by Abhijit Sen Gupta | On 13 Nov 2017

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

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

by Shahid Raza | On 31 Oct 2017

Remittances for Growth: Initiatives for Remitters and Remittances

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

by Atiq Rehman | On 30 Oct 2017

Educational Status of De-notified Tribes A Study of Telangana

This paper deals with educational status of De-notified and Nomadic Tribes (DNT-NT) of Telangana vis-à-vis their socioeconomic conditions. The present study is based on primary data collected from Mah...

by Vijay Korra | On 27 Oct 2017

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

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

by Faheem Jehangir Khan | On 27 Oct 2017

Corporate Social Irresponsibility: Companies & PC&PNDT Act

Female foeticide because of preference for boys over girls for a host of reasons is gigantic in India. According to the estimates of Asian Centre for Human Rights, during 1991 to 2011, a total of 25,4...

by Asian Centre for Human Rights (ACHR) | On 26 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

Subjective Probability Does Not Exist

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

by Asad Zaman | On 26 Oct 2017

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

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

by Afia Malik | On 25 Oct 2017

Creating Solar Parks in Cities

These consumers expect stable returns and minimal hassles.

by Saptak Ghosh | On 10 Oct 2017

Remittances and Exchange Rate Linkages: Experiences of Nepal

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

by Bhubanesh Pant | On 09 Oct 2017

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

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

by Sarthak Karki | On 06 Oct 2017

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

Optimal Inflation Rate for Nepal

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

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

Improving Data on Missing Migrants

The reports discuss the methodological challenges of gathering data on missing migrants.

by Frank Laczko | On 25 Sep 2017

Money's Causal Role in Exchange Rate: Do Divisia Monetary Aggregates Explain More?

The paper investigate the predictive power of Divisia monetary aggregates in explaining exchange rate variations for India, Israel, Poland, UK and the US, in the years leading up to and following the...

by Taniya Ghosh | On 18 Sep 2017

An Analysis of Revisions in Indian GDP Data

This paper studies the revisions in the annual estimates of India's GDP data. The objective of the analysis is to understand the revision policy adopted by the Central Statistical Organisation (CSO) a...

by Amey Sapre | On 15 Sep 2017

Monetary Transmission in India: Working of Price and Quantum Channels

The paper examines the strength and efficacy of transmission from the policy rate and liquidity provision to market rates in India, using event window regression analysis. The paper finds the interest...

by Ashima Goyal | On 15 Sep 2017

The Operation of the Gold Standard in the Core and the Periphery Before the First World War

This paper examines the operation of the gold standard (GS) during the period 1870-1914, its heyday. It discusses the theory of balance of payments adjustment under the GS. Theory postulates automatic...

by Manmohan Agarwal | On 06 Sep 2017

Evaluation of Fiscal Incentives in the Philippines

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

by Danileen Kristel C Parel | On 04 Sep 2017

Incentivising Domestic Manufacturing for a Sustainable Solar Industry

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

by Mohd. Ali | On 29 Aug 2017

How Did China become the largest Solar PV Manufacturing Country?

Globally increasing demand for solar gear and a domestic thrust on solar manufacturing have propelled China to the top position in terms of Solar Photovoltaic (PV) manufacturing countries.

by Nagalakshmi Puttaswamy | On 29 Aug 2017

Development of Backward Areas- Outcome of the interventions so far

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

by S Jagadeesan | On 25 Aug 2017

Manufacturing Centric Fiscal Policy

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

by M. Singhi | On 24 Aug 2017

New Series of National Accounts- Better Estimation or Over Estimation?

The report says that the base year of GDP is also revised regularly to have it aligned with the structural shifts that the economy witnesses continuously.

by M. Singhi | On 24 Aug 2017

Access & Utilisation of Health Care Services in urban low-income settlements, Surat, India

The report says that the urban poor constitutes nearly one-fourth of India’s urban population and is growing at three times of the national population growth rate.

by Akash Acharya | On 22 Aug 2017

Corporate Nationalism in the Age of Dystopian Democracy

The intersection of state and corporate interests, rather than the intersection of the state and the public good characterizes the new nationalism. ‘Make in India’ enables local corporates and industr...

by Pramod K. Nayar | On 15 Aug 2017

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

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

by Jaimini Bhagwati | On 11 Aug 2017

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

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

by Ashok Gulati | On 11 Aug 2017

Global Peace Index 2017

This is the eleventh edition of the Global Peace Index (GPI), which ranks 163 independent states and territories according to their level of peacefulness.

by Institute for Economics and Peace | On 04 Aug 2017

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

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

by Securities Board of India | On 04 Aug 2017

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

What is Causing Radicalism in the MENA?

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

by Fadi Farasin | On 03 Aug 2017

What Explains Call Money Rate Spread in India?

The study focuses on various drivers of overnight inter-bank rate spread under the new liquidity management framework during July 2013 to December 2016. Applying OLS with Newey-West estimator and va...

by Sunil Kumar | On 03 Aug 2017

Phillips Curve Relationship in India: Evidence from State-Level Analysis

This paper revisits the issue of determinants of inflation in India in a Phillips curve framework and makes two key contributions in relation to existing studies. First, in the context of the Reserve...

by Harendra Behera | 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

Inequality of Opportunities Among Ethnic Groups in the Philippines

This paper contributes to the scant body of literature on inequalities among and within ethnic groups in the Philippines by examining both the vertical and horizontal measures in terms of opportunitie...

by Celia M. Reyes | On 02 Aug 2017

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

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

by Babar Shahbaz | On 01 Aug 2017

Sanitation Tool Compendium

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

by Shramana Dey | On 27 Jul 2017

The Corporate Social Responsibility Act in India: An Early Assessment

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

by Sangeeta Bansal | On 27 Jul 2017

Land Live: Land ownership in Rural India and Intra Household Exchanges

The incidence of parent-child co-residence in India is among the highest in the world. This paper examines the role of intra-household exchanges and potential bequests in creating incentives for adult...

by Sonalde Desai | On 27 Jul 2017

Localising the gender equality goal through urban planning tools in South Asia

This paper also highlights the need for a coordinated approach to SDG implementation by demonstrating the case of gender equality and urban planning.

by Shrimoyee Bhattacharya | On 26 Jul 2017

Climate Change: Perceptions, Reality and Agricultural Practice: Evidence from Nepal

The study investigates whether the farmers’ perception of changes in climate have led to any changes in their farming practices over the last three decades. The study surveyed 496 farmers living near...

by Nanda Kaji Budhathoki | On 25 Jul 2017

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

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

by Asian Development Bank Institute | On 25 Jul 2017

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

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

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

by Ashima Goyal | On 22 Jul 2017

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

Harmonization and Standardization of Bond Market Infrastructures in ASEAN+3: ASEAN+3 Bond Market Forum Sub-Forum 2 Phase 3 Report

This report is an outcome of Phase 3 discussions under the ASEAN+3 Bond Market Forum Sub-Forum 2, which have focused on making bond market infrastructures in the region more inter-operable through the...

by Asian Development Bank Institute | On 11 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

Improving Interchanges: Introducing Best Practices on Multimodal Interchange Hub Development in the People’s Republic of China

This report provides an discussion on a range of important issues in the interchange hub design. It also provides a general approach in developing a good interchange hub.

by Asian Development Bank Institute | On 04 Jul 2017

Innovative Strategies in Technical and Vocational Education and Training for Accelerated Human Resource Development in South Asia: Sri Lanka

This publication is part of a series of six country reports on technical and vocational education and training (TVET) and higher education in Bangladesh, Nepal, and Sri Lanka. Each report presents cur...

by Asian Development Bank Institute | On 29 Jun 2017

Timor-Leste: Development Effectiveness Brief

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

by Asian Development Bank Institute | On 23 Jun 2017

Development of Backward Areas Outcome of the interventions so far

The problem of balanced regional development received much greater attention in the Third Five Year Plan. The Plan took a more positive view of the possibility of reaching regional balance. It stated...

by MC Singhi | On 22 Jun 2017

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

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

by Asian Development Bank Institute | On 22 Jun 2017

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

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

by Jouko Sarvi | On 22 Jun 2017

Statement on the International Day for the Elimination of Sexual Violence in Conflict

The report says Mother Earth cleanses us from violent pollution and her waters renew us as we recover from violent penetration. The ancestors strengthen us and elders give insights on strategies for...

by Documentation and Information Sustainability (DINIPS) | On 20 Jun 2017

Thailand: Industrialization and Economic Catch-Up

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

by Asian Development Bank Institute | On 20 Jun 2017

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

The report also includes critical analyses to determine key issues, challenges, and opportunities for innovative strategies toward global competitiveness, increased productivity, and inclusive growth.

by Asian Development Bank Institute | On 20 Jun 2017

Asia Bond Monitor - March 2016

The report narrates that the yields of local currency bonds in most emerging East Asian markets remained on a downward trajectory in the first month and a half of 2016, pressured by worries over globa...

by Asian Development Bank Institute | On 15 Jun 2017

The Asian Bond Markets Initiative: Policy maker achievements and challenges

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

by Asian Development Bank Institute | On 15 Jun 2017

Enhancing Community-Driven Development through Convergence: A Case Study of Household- and Community-Based Initiatives in Philippine Villages

The study examines the Philippine government’s convergence initiative, and how it relates to community-driven development (CDD) that can impact rural communities in the Philippines.

by Asian Development Bank Institute | On 09 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

Gender Equality Results Case Study: Nepal Gender Equality and Empowerment of Women Project

This report presents the case study of that project, whose special features include responsiveness to local contexts and to conditions created by conflict, a well-coordinated system for women collecti...

by Asian Development Bank Institute | On 06 Jun 2017

ASEAN Corporate Governance Scorecard Country Reports and Assessments 2014

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

by Asian Development Bank Institute | On 05 Jun 2017

From Toilets to Rivers: Experiences, New Opportunities, and Innovative Solutions: Volume 2

The project briefs are culled from case studies of good practices, new approaches, and working models on sanitation and wastewater management from different countries, and demonstrate solution options...

by Asian Development Bank Institute | On 05 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

Myanmar Transport Sector Policy Note: Trunk Roads

This report reviews how the road sector in Myanmar can make the greatest contribution to the country’s national ambitions as possible. It seeks to identify bottlenecks and attempts to formulate possi...

by Asian Development Bank Institute | On 01 Jun 2017

Myanmar Transport Sector Policy Note: Railways

The immediate priority must be to implement policies that will enable MR to retain as much of its current market as is economically justified over the next 5–10 years, while ensuring its finances are...

by Asian Development Bank Institute | On 31 May 2017

Promoting Inland Waterway Transport in the People's Republic of China

This publication examines the constraints in developing inland waterway transport (IWT) based on a study in the PRC’s Hunan province. Six major challenges threatening the viability of IWT and its inte...

by Asian Development Bank Institute | On 30 May 2017

Judicial Review and Money Bills

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

by Pratik Datta | On 26 May 2017

An Automatic Leading Indicator Based Growth Forecast For 2016-17 and The Outlook Beyond

Building on the early work of Mitchell and Burns (1938,1946), the automatic leading indicator (ALI) approach has been developed over the last few decades by Geweke (1977), Sargent and Sims (1977), Sto...

by Parma Chakravartti | On 26 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

Risk Financing for Rural Climate Resilience in the Greater Mekong Subregion

This report presents the findings of a climate risk financing study conducted by the GMS Core Environment Program in 28 rural communities in Cambodia, the Lao People’s Democratic Republic, and Viet Na...

by Asian Development Bank Institute | On 22 May 2017

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

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

by Indrani Chakraborty | On 19 May 2017

Asian Development Outlook 2016 Update: Meeting the Low-Carbon Growth Challenge

This Update retains the projections previously published in Asian Development Outlook 2016 (ADO 2016) in March. Gross domestic product (GDP) in the region is expected to grow at 5.7% in 2016 and 2017,...

by Asian Development Bank Institute | On 16 May 2017

ASEAN+3 Bond Market Guide 2016: Singapore

The report say that the Singapore bond market has become one of the most developed open capital markets in Asia with over US$221 billion in total local currency bonds outstanding with an additional US...

by Asian Development Bank Institute | On 15 May 2017

ASEAN+3 Bond Market Guide 2016: Hong Kong, China

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

by Asian Development Bank Institute | On 11 May 2017

Asian Economic Integration Report 2016

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

by Asian Development Bank Institute | On 10 May 2017

Reinventing Mutual Recognition Arrangements: Lessons from International Experiences and Insights for the ASEAN Region

This report aims to support ASEAN policymakers and regulatory bodies by examining MRAs signed in other regions to see how well they have functioned on the ground. It focuses on the following issues: D...

by Dovelyn Rannveig Mendoza | On 08 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

Eradicating Poverty and Promoting Prosperity in a Changing Asia-Pacific

This report explores three entry points to the theme of poverty and prosperity: (i) managing urbanization for inclusive development, (ii) strengthening responses to rural poverty in the context of t...

by Asian Development Bank Institute | On 04 May 2017

South Asia Subregional Economic Cooperation Vision: Powering Asia in the 21st Century

High growth rates during the precrisis period have helped South Asia reduce poverty rates and raise living standards. But despite gains in alleviating poverty, the number of poor people in the region...

by Asian Development Bank Institute | On 04 May 2017

The Comply-or-Explain Approach for Enforcing Governance Norms Subrata Sarkar

In recent years the comply-or-explain approach for enforcing corporate governance norms has gained ground in regulatory parlance. The comply-or-explain approach has the advantage of tailoring govern...

by Subrata Sarkar | On 04 May 2017

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

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

by Subrata Sarkar | On 03 May 2017

Differential Impacts of Currency Undervaluation on Growth and Exports in Natural Resource vs. Manufacturing Exporting Countries

This paper aims to analyze the differential impact of exchange rate undervaluation on growth and exports in different countries. The paper considers two sets of countries in our dataset-18 countries a...

by Sanika Sulochani Ramanayake | On 03 May 2017

Promoting Youth Employment Through Activation Strategies

This paper reviews the issues, theory, actual policies and empirical evidence pertaining to activation strategies related to young individuals. The remainder of the paper is organised as follows: Sect...

by | On 27 Apr 2017

Budget Speech Maharashtra: 2017-18 Part I

Maharashtra Budget speech by the Honorable Finance Minister.

by Sudhir Mungamtiwar | On 20 Mar 2017

Haryana Budget : 2017-18

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

by Haryana Government | On 07 Mar 2017

Kerala Budget 2017-18

Kerala budget presented by Hon.Finance Minister Thomas Issac.

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

Analysis of Women Participation in Indian Agriculture

Agriculture sector as a whole has developed and emerged immensely with the infusion of science and technology. But this latest emergence is not capable of plummeting the ignorance of women labour as...

by Mun Mun Ghosh | On 01 Mar 2017

Estimating Labor Force Joiners and Leavers Using a Heterogeneity Augmented Two-Tier Stochastic Frontier

We derive a non-standard unit root serial correlation formulation for intertemporal adjustments in the labor force participation rate. This leads to a tractable three-error component model, which in c...

by | On 01 Mar 2017

Dealing with GST in the Union Budget 2017

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

by Lekha Chakraborty | On 23 Jan 2017

How have States Designed their School Education Budgets?

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

by Child Rights and You CRY | On 18 Jan 2017

Performance on Health Outcomes: A Reference Guide Book

It is anticipated that this health index will assist in State level monitoring of performance, serve as an input for providing performance based incentives and improvement in health outcomes, thereby...

by Niti Aayog GOI | On 18 Jan 2017

Demographic Transformation in South Asia: Implications for Rice Research and Development

The demographic structure of South Asian countries are rapidly transforming, which can greatly influence future rice production and consumption in the region. Literature on the impact of demographic t...

by | On 11 Jan 2017

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

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

by Pratap Ranjan Jena | On 10 Jan 2017

The Power of Social Pensions

This paper examines the impacts of social pension provision among people of different ages. Utilizing the county-by-county rollout of the New Rural Pension Scheme in rural China, we find that, among t...

by | On 10 Jan 2017

Going and Coming and Going Again: Second-Generation Migrants in Dubai

The government of the United Arab Emirates requires all foreign migrant workers to reside on temporary visas. This affects transnational mobility patterns among the one class of residents whom we shou...

by | On 09 Jan 2017

Role of Foreign Direct Investment in India: An Analytical Study

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

by | On 04 Jan 2017

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

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

by Jared Gars | On 03 Jan 2017

Demonetization, the Cash Shortage and the Black Money

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

by Ashok K. Lahiri | On 02 Jan 2017

Inter-ethnic Fertility Spillovers and the Role of Forward-looking Behavior: Evidence from Peninsular Malaysia

Demographic pressures can create competition for limited private and public resources and exacerbate pre-existing inter-ethnic tensions. At the same time, inter-ethnic competition may influence indivi...

by | On 23 Dec 2016

Bank Lending and Loan Quality: The Case of India

This paper analyses how non-performing loans (NPLs) of Indian banks behave through the cycle. We find that a one-percentage point increase in loan growth is associated with an increase in NPLs over...

by Pallavi Chavan | On 15 Dec 2016

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

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

by Ashwini Deshpande | On 15 Dec 2016

India and the Global Economy

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

by Tharman Shanmugaratnam | On 08 Dec 2016

Scenario of Present Education System: A Comparative Study of Haryana and its Neighbouring States

Education has been made too easy for the students so that more and more students can enter into the scope of education system of the country. The announcements like abolishing compulsory CBSE board ex...

by | On 07 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

Strength of Partisan and Candidate Ties in India

This study estimates the impact of incumbency on re-election prospects of parties and candidates in India, between 1977 and 2014, for Lok Sabha elections. Regression discontinuity design is used to es...

by Aditi Singhal | On 05 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

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

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

by | On 24 Nov 2016

Nurse Migration: The Asian Perspective

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

by | On 24 Nov 2016

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

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

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

Female Labour Force Participation Rate

Female Labour Force Participation (FLFR) is a driver of growth and economic development and therefore, participation rates indicate the potential for a country to grow more rapidly. However, women’s e...

by sarabjit kaur | On 11 Nov 2016

The Yogi and the Commissar

It’s the season for media biographies, as NDTV and TV18 publish their life stories. If NDTV comes across as self-righteous TV18 is open about its sins of commission. Chintamani Rao says the books of...

by | On 07 Nov 2016

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

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

by | On 28 Oct 2016

Decline in Rural Female Labour Force Participation in India: A Relook into the Causes

As an economy transforms from an agricultural economy to an industrial economy, a decline in participation of female labour force is observed. This is attributed to the shift from family-based product...

by | On 19 Oct 2016

Women Workforce Participation in India- A Study

India has experienced rapid economic growth, a decline in fertility rate, introduction of employment generation programs and policy shifts towards women empowerment in recent years. Yet, a striking fe...

by | On 19 Oct 2016

Regime Shifts in India’s Monetary Policy Response Function

The objectives of monetary policy have always been a topic of intensive debate. This debate has resurfaced during the past few years. In India too monetary policy-making appears to have undergone si...

by Lokendra Kumawat | On 10 Oct 2016

MenEngage Global Alliance 2015 Annual Report

This is the third annual report for the MenEngage Alliance’s Global Strategic Plan 2012-2016, in which the main activities and achievements of 2015, based on the four strategic objectives are reported...

by MenEngage Global Alliance | On 07 Oct 2016

How do Gender Approaches improve Climate Compatible Development? Lessons from India

Although evidence shows that women are both victims of climate change and important contributors of knowledge and skills in disaster risk, adaptation and mitigation strategies, the gender perspective...

by | On 23 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

The Changing Rates of Return to Education in India: Evidence from NSS Data

This paper estimates rates of return to education in India by gender, caste, religion and age cohorts using data for the period 1983 to 2011-12. We estimate standard Mincerian wage equations separatel...

by | On 14 Sep 2016

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

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

by | On 07 Sep 2016

Substance Abuse Treatment Centers and Local Crime

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

by Samuel Bondurant | On 07 Sep 2016

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

The Independence of the Central Bank

Central banking does not mean just rates cuts and rate rising. There are many decisions to be taken sometimes unpopular or hard-to-explain ones, to be made under conditions of extreme uncertainty. The...

by Raghuram G. Rajan | On 06 Sep 2016

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

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

by | On 31 Aug 2016

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

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

by | On 30 Aug 2016

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

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

by World Bank [WB] | On 25 Aug 2016

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

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

by | On 24 Aug 2016

Revisiting the Tax Compliance Problem using Prospect Theory

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

by R.Kavita Rao | On 17 Aug 2016

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

Infrequent but Long-Lived Zero-Bound Episodes and the Optimal Rate of Inflation

Countries rarely hit the zero-lower bound on interest rates, but when they do, these episodes tend to be very long-lived. These two features are difficult to jointly incorporate into macroeconomic mod...

by Marc Carreras | On 16 Aug 2016

The Impact of Sex Ratios before Marriage on Household Saving in Two Asian Countries: The Competitive Saving Motive Revisited

This paper estimates a household saving rate equation for India and the Republic of Korea using longterm time series data for the 1975–2010 period, focusing in particular on the impact of the premari...

by Charles Yuji Horioka | On 16 Aug 2016

Myanmar Transport Sector Policy Note: Urban Transport

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

by Asian Development Bank Institute | On 12 Aug 2016

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

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

by Cecilia Olivet | On 10 Aug 2016

Inequality, Poverty, and Antipoverty Transfers

This report reviews the main trends in global poverty, assesses projections on poverty trends for the medium term, and considers the implications for antipoverty policy. Three main points emerge from...

by Armando Barrientos | On 10 Aug 2016

Make in India – Scheme For Transforming India

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

by | On 10 Aug 2016

China and Socialist Countries: Role Change and Role Continuity

This paper analyses changes in China’s relations with socialist countries. It uses Chinese academic publications to add an inside-out perspective to the interpretation of Chinese foreign policy and ou...

by | On 05 Aug 2016

Goods and Services Tax in India Taking Stock and Setting Expectations

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

by | On 05 Aug 2016

Corporate Social Responsibility in India: Potential to Contribute Towards Inclusive Social Development

Over the past few years CSR, as a concept, has been the focus of many deliberations and research. It has grown in importance both academically as well as in the business sense. It captures a spectrum...

by Ernst and Young | On 04 Aug 2016

Food Scurity and Nutrition: The Drivers of Change

This section looks at a range of factors that enable progress towards food security and nutrition goals. The list of factors – economic growth, agricultural productivity growth, markets (including int...

by Food and Agricultural Organization [FAO] | On 03 Aug 2016

Policy and Evidence

There has to be evidence in the policy dialogue. Some may believe that all it takes to convince the body politic of the necessity to choose one policy over another is to present the evidence, complete...

by Raghuram G. Rajan | On 03 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

How Japan and the US can Reduce the Stress of Aging

In this paper, the author simulates the Dependency Ratio (DR) under various conditions and makes comparisons with the US. Japan has experienced a large increase in its DR because its fertility rate is...

by Claudia Goldin | On 28 Jul 2016

South-South Migration and Remittances

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

by | On 27 Jul 2016

Network Externalities And Process R&D: A Cournot-Bertrand Comparison

This paper examines the implication of the nature of competition in a market with network externalities on strategic investment in process R&D by firms. It shows that network externalities have a posi...

by Mili Naskar | On 25 Jul 2016

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

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

by | On 19 Jul 2016

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

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

by Ajeet Mathur | On 18 Jul 2016

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

Oil Price, Exchange Rate and the Indian Macro Economy

The paper investigates the dynamic relationship between movements in oil prices and exchange rates with macroeconomic variables like price, output, interest rate and money by using structural vector a...

by Taniya Ghosh | On 12 Jul 2016

Population Growth: Trends, Projections, Challenges and Opportunities

Human beings evolved under conditions of high mortality due to famines, accidents, illnesses, infections and war and therefore the relatively high fertility rates were essential for species survival....

by Planning Commission, India | On 12 Jul 2016

Odisha State Agriculture Policy 2013

A wholesome policy framework for the benefit of the farmers of the State is in place since 2008 with a focus more on the economic well-being of the farmers, rather than just on production and growth....

by Government of Odisha | On 11 Jul 2016

Demographic Dividend in India: A Synoptic View

The term “Demographic Dividend” is a much talked about subject today. In India, it has also been a cynosure of discussion. It is a population bulge in the working age category and occurs when a fallin...

by Suhas Roy | On 11 Jul 2016

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

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

by Subrata Sarkar | On 11 Jul 2016

Energy Security for India: Petroleum Demand Estimations and Projections

Crude oil and other petroleum products play an important role in India’s energy security and in sustaining its high growth rate. Against that background, this document empirically analyses petroleum d...

by Pradeep Agrawal | On 07 Jul 2016

Does Female Labor Scarcity Encourage Innovation? Evidence from China’s Gender Imbalance

Facing scarcity of a production factor, a firm can develop technologies to either substitute the scarce factor (price effect) or complement the more abundant factors (market size effect). Whether th...

by zhibo Tan | On 06 Jul 2016

Impact of Independent Directors’ Resignations on Firm’s Governance

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

by Preet Singh | On 05 Jul 2016

Impact of Board and CEO characteristics on Firms’ Performance

Corporate governance characteristics like board composition and leadership impact a firm’s performance. Researchers have attempted to explain the relationship using different theoretical perspectives...

by Chitra Singla | On 05 Jul 2016

Trends in Strategies and Performance of the Indian Corporate Sector: What has changed in two decades of economic reforms?

This paper documents strategies followed by firms in the last two decades and the resultant changes in business conditions. It is found that although the rate of growth of the industry sector has not...

by Rakesh Basant | On 04 Jul 2016

Beautiful Minds: The Nobel Memorial Prize in Economics

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

by Saibal Ghosh | On 30 Jun 2016

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

Residential Schooling Strategies: Impact on Girls’ Education and Empowerment

Several residential schooling strategies exist for girls in the publicly funded school system in India. However, there is no definite policy on residential schooling in general or for girls in particu...

by Jyotsna Jha | On 28 Jun 2016

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

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

by Sumon Kumar Bhaumik | On 27 Jun 2016

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

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

by Michael Jetter | On 27 Jun 2016

Malnutrition: Unanswered Questions from Attapadi

India claims to have achieved financial growth of 7% but despite this high growth rate, poverty and inequality has also grown exponentially and social security, standard of life, security of labor ha...

by Child Rights and You CRY | On 27 Jun 2016

Choosing a Partner for Social Exchange: Charitable Giving as a Signal of Trustworthiness

People benefit from being perceived as trustworthy. Examples include sellers trying to attract buyers, or candidates in elections trying to attract voters. In a laboratory experiment using exchange ga...

by Sebastian Fehrler | On 24 Jun 2016

Empathetic Climate Resilient Frugal Innovations for Sustainable Communities

This study is to scout, spawn and sustain grassroots green innovations and outstanding traditional knowledge. It studies the creative and innovative coping strategies of knowledge rich-economically po...

by Anil K Gupta | On 24 Jun 2016

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

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

by Kirti Sharda | On 24 Jun 2016

Poverty, Markets and Elementary Education in India

Over the last decade, trans-national and local advocacy networks have been projecting the low-cost unregulated schools market in India as a cost-efficient, high-quality and equitable solution for educ...

by | On 22 Jun 2016

The Fight against Inflation: A Measure of our Institutional Development

There are efforts to control inflation. A new governor and the committee should try to bring low inflation future for India which has got many benefits.

by Raghuram G. Rajan | On 21 Jun 2016

Putting Justice First: Legal Strategies to Combat Human Trafficking in India

The comprehensive research found significant impediments preventing victims of trafficking from using the courts: from the lack of specialised legal assistance, to the absence of protection for those...

by The Thomson Reuters Foundation | On 17 Jun 2016

Federal Budget of Pakistan 2016

Budget speech of Pakistan 2016-17.

by Mohammad Ishaq Dar | On 17 Jun 2016

Ministry of Finance and Planning Annual Report 2010

This paper contains the annual report 2010 of Ministry of Finance and Planning, Government of Sri Lanka.

by Ministry of Finance and Planning, Govt of Sri Lanka | On 15 Jun 2016

Guidelines for Construction of Anganwadi Centers Under MGNREGS in Convergence with ICDS Scheme of the Ministry of Women and Child Development

The article gives the guidelines for setting up the Anganwadi centres under the Integrated Child Development Scheme (ICDS). The Government is committed to repositioning the Anganwadi Centre (AWC) as “...

by Ministry of Rural Development GoI | On 10 Jun 2016

Corporate Debt Market in India: Key Issues and Policy Recommendations

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

by Anubhuti Sahay | On 06 Jun 2016

Market for Corporate Control and Takeover Regulations: Trends and Analysis

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

by | On 06 Jun 2016

Surveillance of Chronic Diseases: Challenges and Strategies for India

This paper describes the status, challenges and scope for strengthening surveillance of chronic disease risk factors, morbidities and mortality in India. Surveillance experience of four selected Stat...

by Udaya S. Mishra | On 30 May 2016

Impact of Social Risks on Indian Businesses

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

by Oxfam India | On 27 May 2016

Elephants in the Room: Challenges for India as an Emerging Development Partner

Emerging powers are re-shaping the norms and practices of international development. As the Indian economy continues to grow and the country bids for a seat at the great power table, the ambitions of...

by Tanoubi Ngangom | On 26 May 2016

ICDS Mission: The Broad Framework for Implementation

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

by Government of India Ministry of Women and Child Development | On 23 May 2016

Women, Energy and Water in the Himalayas: Integration of Women in Planning and Management

The policy guidelines were developed as part of the pilot project 'Incorporating Needs and Roles of Women in Water and Energy Management in Rural Areas in South Asia-Capacity Building in Rural Areas o...

by | On 18 May 2016

Philippines’ Next President: Implications for ASEAN

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

by Mely Caballero-Anthony | On 16 May 2016

Politics, While Young

Attempts to reconstruct a young voters' bloc have been crucial to campaigns around the globe. But caste and class fissures run wide and deep among that demographic, and India's youth might converge mo...

by Anish Nair | On 13 May 2016

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

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

by | On 11 May 2016

Factors Impacting Railway Freight Traffic in India

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

by Saurabh Bandyopadhyay | On 09 May 2016

India Policy Forum 2014 - 2015

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

by Shekhar Shah | On 09 May 2016

Issues in India's External Sector

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

by C. Rangarajan | On 06 May 2016

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

Corporate Insolvency Resolution in India: Lessons from a cross-country comparison

In this paper we analyse the corporate insolvency resolution procedures of India, UK and Singapore within a common framework of well-specified principles.

by | On 02 May 2016

Monetary Transmission in Developing Countries: Evidence from India

This paper examines what the empirical evidence has to say about the strength of monetary transmission in India, using the structural vector autoregression (SVAR) methods that have been applied broadl...

by | On 02 May 2016

The Comply - or - Explain Approach for Enforcing Governance Norms

This article critically examines the relative advantages of the comply - or - explain approach vis -à-vis the more traditional comply -or- else approach and identifies the specific insti...

by | On 02 May 2016

Foreign Exchange Markets, Intervention and Exchange Rate Regimes

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

by Ashima Goyal | On 02 May 2016

Tacit Collusion and Market Concentration under Network Effects

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

by | On 02 May 2016

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

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

by | On 02 May 2016

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

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

by Rajeswari Sengupta | On 02 May 2016

Reassessing Exchange Rate Overshooting in a Monetary Framework

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

by Taniya Ghosh | On 02 May 2016

Intellectual Property Rights: Indian Scenario

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

by Sachin Mangal | On 28 Apr 2016

Eliminating Malaria

This WHO report released on World Malaria Day, 2016 shows that, although an ambitious goal, eliminating malaria from 35 countries by 2030 is achievable. Malaria mortality rates have declined by 60% gl...

by World Health Organisation (WHO) | On 27 Apr 2016

Youth, Work and Skills: An Analysis of the 2011 Census

This piece looks at the trends in the youth work force participation rates over the past 30 years of Census data and questions whether the emphasis on youth skills for sustainable development can actu...

by | On 28 Mar 2016

FDI, Technology Transfer and Spillover: A Case Study of India

As developing countries increasingly open their economies to foreign direct investment (FDI) one of their principal objective has been to achieve technology transfer from foreign firms to host country...

by | On 22 Mar 2016

Mixed-Design Approach in Impact Evaluation: Principles and Practice

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

by Navneet Kaur | On 21 Mar 2016

Optimal Monetary Policy in the Presence of Sizable Informal Sector and Firm Level Credit Constraint

Optimality of pro-cyclical monetary policy in the presence of informal sector and firm level constraint is analysed. The findings suggest that in case of export demand shock pro-cyclical monetary pol...

by Waqas Ahmed | On 21 Mar 2016

Cambodia Diversifying Beyond Garments and Tourism Country Diagnostic Study

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

by Asian Development Bank Institute | On 18 Mar 2016

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

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

by Saikat Datta | On 17 Mar 2016

Exchange Market Pressure in India

In this paper, we empirically investigate the episodes of currency market stress/crisis in India during the period 1992 – 2012 with the help of a monthly EMP index for India constructed for this perio...

by Anuradha Guru | On 16 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

What Attracts FDI in Indian Manufacturing Industries?

This paper examines the pattern of inward FDI at the disaggregated industry level (NIC 3- digit), and test for the industry-specific characteristics that have been significant in attracting foreign in...

by Rashmi Rastogi | On 16 Mar 2016

Do Foreign Banks in India Indulge in Cream Skimming?

Foreign banks in developing countries are often found to indulge in cream skimming, a lending strategy that targets only wealthy segments of the credit market and exclude small and marginal borrowers...

by Mandira Sarma | On 16 Mar 2016

Impact of Strengthening Intellectual Property Rights Regime on Income Inequality: An Econometric Analysis

This paper examines the impact of strengthening Intellectual Property Rights (IPRs) on within-country income inequality for a cross-section of 65 developed and developing countries for the time period...

by Swati Saini | On 16 Mar 2016

Corporate Governance, Competition and Firm Performance: Evidence from India

The aim of this paper is to show the interaction effect of product market competition and corporate governance variables on firm performance. While the linkage between internal governance mechanism an...

by Manoj Pant | On 15 Mar 2016

Capital Flows and the Impossible Trinity: The Indian Experience

This paper devises quantitative techniques to analyze the management of foreign capital flows in India over the past three decades. The paper argues that India's overall approach towards liberaliza...

by Abhijit Sen Gupta | On 15 Mar 2016

Can the Organised and Unorganised Sectors Coexist: A Theoretical Study

In the past debates around protection are usual couched in terms of protection of the manufacturing sector from imports and are centered around the so called “infant industry” argument. This paper has...

by Manoj Pant | On 15 Mar 2016

Investing in Natural Capital for a Sustainable Future in the Greater Mekong Subregion

The Greater Mekong Subregion (GMS) is poised to continue developing at a significant pace. The subregion is well placed to benefit from the emerging Association of Southeast Asian Nations Economic Com...

by Asian Development Bank Institute | On 15 Mar 2016

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

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

by Asian Development Bank Institute | On 15 Mar 2016

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

A New Divide in the South China Sea

Nazery Khalid evaluates the prospect of peace in the South China Sea based on how the recent spat between China and Philippines is panning out.

by | On 14 Mar 2016

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

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

by | On 14 Mar 2016

Water Scarcity and the Role of Storage in Development

In this paper, the authors concentrate on the three kinds of technologies that store water for periods of months, in small reservoirs, or years, in aquifers and large reservoirs. These three technolog...

by Andrew Keller | On 14 Mar 2016

Implications of MGNREGS on Labour Market, Wages and Consumption Expenditure in Kerala

This paper makes an attempt to evaluate the implications of MGNREGS in labour short economy of Kerala. The analysis of NSSO unit level data revealed inter-state differences in implementation of the sc...

by V. Dhanya | On 14 Mar 2016

Results of an Impact Evaluation Study on DepED's School-Based Feeding Program

This paper presents the findings from the impact evaluation of the School Year (SY) 2013–2014 implementation of the program. This is a follow-up on the process evaluation conducted by the PIDS. The st...

by Ana Maria L. Tabunda | On 14 Mar 2016

Srilanka Building on Success

Sri Lanka has emerged in recent years as one of the most dynamic countries in South Asia. With a rich cultural heritage, an increasingly sophisticated work force, and a strategic location that links A...

by Asian Bank | 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

Shifting Preferences at the Fed: Evidence from Rolling Dynamic Multipliers and Impulse Response Analysis

The existing empirical literature on Taylor-type interest rate rules has failed to achieve a robust consensus. Indeed, the relatively common finding that the Taylor principle does not hold has fueled...

by Matthew Greenwood Nimmo | On 13 Mar 2016

Corporate Governance and Product Market Competition

On one hand product market competition acts as an ultimate solution to align interests of managers and shareholders, and on the other hand, competition alone may not be sufficient because it may not p...

by Ekta Selarka | On 13 Mar 2016

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

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

by Sreejata Banerjee | On 13 Mar 2016

Group Inequalities and ‘Scanlan’s Rule’: Two Apparent Conundrums and How We Might Address Them

In situations where an adverse social outcome affects disadvantaged and advantaged groups in society differently, the rates at which those groups experience favorable or adverse outcomes tend to be sy...

by Peter Lambert | On 13 Mar 2016

North Korea: Nukes, Nationalism & Negotiations

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

by Sangsoo Lee | On 12 Mar 2016

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

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

by | On 12 Mar 2016

Invisible Ink: Looking for the Lost Trade between China, Russia, and Central Asia

China, Russia, and the Central Asian States have consistently engaged in economic relations. However, the bilateral trade statistics that are publicly available show a history of inconsistent and unre...

by | On 12 Mar 2016

China and North Korea: A Relationship in Transition?

Military tensions on the Korean Peninsula have been escalating for several months now. The latest events with the missile launches and newly released reports on the abduction of Chinese fishermen by N...

by | On 12 Mar 2016

South Korea's "Island of Peace": A Flashpoint in the East China Sea?

Renewed impetus has been put into building a military naval base on the strategically located island of Jeju, off the coast of South Korea. With the rise of tensions in the East China Sea and Yellow S...

by | On 12 Mar 2016

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

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

by Sangsoo Lee | On 12 Mar 2016

Pakistan's Nuclear Security: Separating Fact from Fear

For more than a decade fears have been voiced by the international community at the prospect of Pakistan’s nuclear weapons falling into the hands of terrorists or other non-state actors. The author ar...

by | On 12 Mar 2016

Rethinking National Security: China's New Security Commission

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

by | On 12 Mar 2016

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

People's or Party's Army in Vietnam?

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

by | On 11 Mar 2016

Why South Korea Needs THAAD Missile Defense

South Korea, Japan, and the U.S. need a more effective anti-ballistic missile system to counter North Korea’s increased nuclear and missile threats. Yet Seoul has so far wavered in agreeing to the dep...

by | On 10 Mar 2016

Creative Diplomacy and North Korea

This policy brief looks at how North Korea has figured as an issue on the sidelines of the recent APEC Summit in Beijing in the context of developments such as Pyongyang’s release of two American pris...

by | On 10 Mar 2016

Does Corporate Governance Matter in Determinants and Use of Cash: Evidence from India

Our study investigates the determinants and use of cash holdings by Indian companies. Using a large sample of manufacturing firms that are publicly traded on Bombay Stock exchange for the period of 19...

by Ekta Selarka | On 10 Mar 2016

Determinants of Child Health: An Empirical Analysis

Infant and child mortality rates in India have fallen by almost half from the time of adoption of millennium development goals to 2012 but there has not been a concurrent decrease in morbidity and und...

by Sowmya Dhanaraj | On 10 Mar 2016

Poverty Reduction in Pakistan: Learning from the Experience of China

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

by G. M. Arif | On 10 Mar 2016

Designing for the Other: Using Knowledge to Upgrade Manufacturing in the Garment Industry

The first purpose of this paper is to theorize on the kind of knowledge that firms need in order to upgrade. The second purpose is to discuss some specific ways to upgrade, especially given the proble...

by | On 09 Mar 2016

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

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

by | On 09 Mar 2016

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

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

by | On 09 Mar 2016

Mass Education or a Minority Well Educated Elite in the Process of Development: the Case of India

This paper analyses whether in developing countries mass education is more growth enhancing than to have a minority well educated elite. Using the Indian census data as a benchmark and enrollment rate...

by Amparo Castelló-Climent | On 09 Mar 2016

India's Policy on Genetically Modified Crops

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

by Anitha Ramanna | On 09 Mar 2016

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

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

by Praveena Kodoth | On 09 Mar 2016

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

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

by Jharna Pathak | On 09 Mar 2016

How Protected are our Children in Assam?

Situation of children in Assam in 2016.

by Melvil Pereira | On 09 Mar 2016

Framing Moral Markets: The Cultural Legacy of Social Movements in an Emerging Market Category

One challenge facing research on categories is to explain their content and the extent to which they gain meaning from cultural material that originates from moral arenas. This article suggests that c...

by | On 08 Mar 2016

Questioning Three Fundamental Assumptions in Financial Inclusion

Financial inclusion has rapidly ascended global development policy agendas. Between 2 billion and 2.5 billion adults worldwide do not use formal financial services, which a multifaceted coalition of a...

by Philip Mader | On 08 Mar 2016

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

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

by S. Rajaratnam International Studies | On 06 Mar 2016

Putting Food on the International Table

Based on the recent Group of Eight (G8) Summit held in Italy, this issue of the Alert will examine international deliberations on food security with a focus on the efforts and challenges facing the G8...

by S. Rajaratnam International Studies | On 05 Mar 2016

Transparency International Releases Its Corruption Perceptions Index 2010

The 2010 Corruption Perceptions Index reveals that nearly three quarters of the 178 countries in the index have a score of below five, on a scale of 10 (highly clean) to 0 (highly corrupt). Denmark, N...

by S. Rajaratnam International Studies | On 03 Mar 2016

Advancing Protection Of Civilians Through The ASEAN Intergovernmental Commission On Human Rights(AICHR)

In the first issue of this month’s NTS Alert, the importance of a robust human rights framework to complement international humanitarian law, and address its shortcomings in protecting civilians caugh...

by S. Rajaratnam International Studies | On 03 Mar 2016

Why We Need a Debate about Geoengineering Governance ... Now

Geoengineering techniques are currently experiencing a surge of interest, as it has become widely accepted that global warming is both real and potentially problematic. The historical failure to contr...

by Jochen Pranti | On 03 Mar 2016

Climate Change and Migration: What Are the Connections?

The Jakarta Post recently reported experts as saying that ‘[e]xtreme weather caused by climate change has given people another reason to migrate’. The comment was made in reference to a soon-to-be rel...

by S. Rajaratnam International Studies | On 03 Mar 2016

Australian High Court Rules Refugee Swap with Malaysia Unlawful

The controversy surrounding the Australia¬Malaysia refugee swap agreement that would have seen 800 asylum seekers sent to Malaysia in exchange for 4,000 processed refugees took a decisive turn on 31...

by S. Rajaratnam International Studies | On 02 Mar 2016

Economic and Political Relations Between Bhutan and Neighbouring Countries

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

by | On 02 Mar 2016

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

Back to the Future: Is Rio+20 A 1992 Redux or Is There Cause for Optimism?

Rio+20, set for June 2012, offers an opportunity to review the current state of global environmental summitry. What can be expected of this latest round of global dialogue on sustainable development?...

by J. Ewing | On 01 Mar 2016

Multidimensional Poverty and the State of Child Health in India

Using data from the National Family and Health Survey 3, India, this paper measures and validates the extent of multidimensional poverty and examines the linkages of poverty level with child health in...

by Sanjay K. Mohanty | On 01 Mar 2016

Labour Force Participation of Women in India: Some facts, Some Queries

The plan of the paper is as follows. Section 2 describes the data and definitions used in this study. Fertility and labour force participation are affected by broadly the same parameters. Section 3 lo...

by Surjit S. Bhalla | On 01 Mar 2016

An Enquiry Into Migration and Homelessness - A Developmental Discourse: Evidence From Mumbai City

Existence of structural and social inequality with growing poverty and shrinking livelihoods and other factors forced to people or entire families to migrate towards cities in search of means of survi...

by | On 01 Mar 2016

Change and Continuity: Agriculture in Palanpur

A central theme in all the studies of Palanpur that have been undertaken to date has been the changing nature of agriculture. One of the reasons for selecting Palanpur from amongst the many villages t...

by Himanshu Prof | 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

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

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

by Ehtisham Ahmad | On 29 Feb 2016

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

Analysis of Catastrophic Health Financing by Key Institutions

Financial protection of patients is considered a key component of health systems, and has been a consistent policy goal of the DOH. Of paramount importance in this regard are catastrophic health expen...

by | On 29 Feb 2016

Price Discovery and Volatility on NSE Futures Market

This paper studies price discovery and volatility in the context of introduction of Nifty futures at the National Stock Exchange (NSE) in June 2000. Cointegration and Generalised Auto Regressive Cond...

by M. T. Raju | On 28 Feb 2016

Corporate Debt Market in India: Key Issues and Some Policy Recommendations

This paper presents an overview of the corporate debt market in India. A study of the structure and the status of the corporate debt market along with the current policies initiated by Securities and...

by M. T. Raju | On 28 Feb 2016

10th CII Corporate Governance Summit

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

by U.K. Sinha | On 28 Feb 2016

Nuclear and safety: Can the Two Ever Meet?

In September, the Japanese government announced that it would phase out nuclear energy by 2040. Just one week later, it stepped back from specifying an explicit timeframe. The about-turn illustrates J...

by Lina Gong | On 27 Feb 2016

Porous borders in a changing world: What does this mean for security in Southeast Asia?

The issue of borders, their porosity and the security challenges they create amid a rapidly changing regional and global strategic environment is indeed a serious one for Southeast Asia. The criticali...

by | 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

Enhancing ASEAN Regional Capacity for Disaster Response Operations

Major disasters that typically hit Southeast Asia illustrate the immensity of the tasks involved in undertaking disaster relief operations. With the establishment of the ASEAN Community by the end of...

by S. Rajaratnam International Studies | On 27 Feb 2016

Satyam Failure and Changes in Indian Audit Committees

Audit committees have received considerable attention globally in recent years. We examine the effects of the Satyam failure on changes in the composition and functioning of Indian audit committees. A...

by R. Narayanaswamy | On 27 Feb 2016

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

A Model of Gender Inequality and Economic Growth

This paper introduces a model of gender inequality and economic growth that focuses on the determination of women’s time allocation among market production, home production, child rearing, and child e...

by Jinyoung Kim | On 27 Feb 2016

Is Nuclear Energy a Viable Option for All?

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

by | On 26 Feb 2016

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

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

by | On 26 Feb 2016

Repositioning US Engagement in Southeast Asia: A Case for Non-traditional Security

Southeast Asian officials and analysts have complained about the waning US interest in the region due to the US preference for a bilateral approach to Southeast Asia. This US approach is out of sync w...

by Mely Caballero-Anthony | On 26 Feb 2016

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

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

by Feng Yin | On 26 Feb 2016

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

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

by Ehtisham Ahmad | On 26 Feb 2016

India’s GDP Growth: Confusion Amidst Cheers

India’s latest GDP numbers project 7.6% growth for its economy in 2015-16. But there continues to be confusion over the quality of India’s economic performance as the statistically robust GDP estimate...

by Amitendu Palit | On 26 Feb 2016

Economic Survey 2015-16-Volume I

This year’s Economic Survey comes at a time of unusual volatility in the international economic environment. Markets have begun to swing on fears that the global recovery may be faltering, while ris...

by Arun Jaitley | On 26 Feb 2016

CO2 Emissions Reduction Strategies and Economic Development of India

This paper examines the consequences of alternative CO2 emission reduction strategies on economic development and, in particular, the implications for the poor by empirically implementing an economy-w...

by N. Murthy | On 25 Feb 2016

Weighing Issues: Human Security in ASEAN’s Fight for Food

Recent global food price shocks have demonstrated the urgent need to effectively address food insecurity in Southeast Asia – both at the national and regional level. This think-piece goes beyond issue...

by | On 25 Feb 2016

Oil Pipeline from Myanmar to China: Competing Perspectives

An oil pipeline is set to be constructed to connect Myanmar with China. To make sense of the development, one can benefit from paying attention to industry descriptions about the project, rather than...

by | On 25 Feb 2016

Assessment of Sources and Utilization of Funding of State Universities and Colleges

The implementation of the "Higher Education Modernization Act of 1997", CHED Memorandum Order No. 20, and "Public Higher Education Reform Framework" granted state universities and colleges (SUCs) the...

by Rosario G. Manasan | 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

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

Pandemic Preparedness in Asia

It is not known when, or where, the next deadly infectious disease will emerge, or how it will spread around the world. Are Asian countries prepared for a pandemic? How are National Pandemic Preparedn...

by Mely Caballero-Anthony | On 24 Feb 2016

The US and Myanmar: Moving into a New Phase

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

by | On 24 Feb 2016

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

Strategies for Intellectual Property and Preventing Technology Leakage in China: A Comparison of Strategies Used in Japan, America, and Europe

Japanese corporations and American and European corporations take different approaches when it comes to business in China in general: (i) American corporations are concentrated in the music, motion pi...

by Yoshio Iteya | On 24 Feb 2016

Grid – Connect Electricity Supply in India

This paper describes the methodology, data and key assumptions used for the power sector supply-side module of the India Low Carbon Growth study and presents preliminary results. The module is used to...

by World Bank | On 24 Feb 2016

Scaling Up Carbon Finance in India

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

by World Bank | On 24 Feb 2016

Residential Consumption of Electricity in India – Documentation of Data and Methodology

This paper describes the methodology used for the electricity consumption section of the household module of the India Low Carbon Growth Study and presents preliminary results. The module is used to p...

by World Bank | On 24 Feb 2016

Global Analysis of an Expectations Augmented Evolutionary Dynamics

We consider a deterministic evolutionary model where players form expectations about future play. Players are not fully rational and have expectations that change over time in response to current payo...

by Massimiliano Landi | On 24 Feb 2016

INDIA: E-Readiness Assessment Report 2005 - For States/Union Territories

For the first time, output and employment multipliers of the key states in India for the software, hardware and ICT composite segments have been calculated to assess the catalytic effect of ICT on eco...

by Research National Council of Applied Economic | On 24 Feb 2016

Powering Growth: The Non-Traditional Security (NTS) Perspective on the Energy Security Policies in Singapore

The Singapore government treats energy security as a means towards achieving sustainable economic growth. It is on that note that the Economic Strategies Committee (ESC) and National Energy Policy (NE...

by | On 23 Feb 2016

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

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

by Prakash Nelliyat | On 23 Feb 2016

Un-balanced Economic Growth

Since the elasticity of substitution between capital and labor is not always one, and since technical progress is not always Harrod-neutral, it is desirable to have an endogenous growth model that adm...

by Hing-Man Leung | On 23 Feb 2016

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

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

by Aekapol Chongvilaivan | On 23 Feb 2016

From Crisis to Recovery in Asia: Strategies, Achievements, and Lessons

This paper reviews and highlights lessons from the stabilisation and reform programme that Thailand, Malaysia and Korea implemented in response to the 1997 crisis. The three countries’ rapid recovery...

by Kanit Sangsubhan | On 23 Feb 2016

Securing Food Futures in the Asia-Pacific: Human Securitising Regional Frameworks

The global food crisis of 2007 to 2008 drew attention to the importance of food security as a regional challenge for the Asia-Pacific. Regional strategies to achieve food security have recognised the...

by Lorraine Elliot | On 22 Feb 2016

International Monetary Reform: A Critical Appraisal of Some Proposals

This paper reviews some of the current debates on the reform of the international monetary system. Despite its deficiencies, the United States (US) dollar will remain the dominant currency and Special...

by Yung Chul Park | 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

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

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

by Ben Shepherd | On 22 Feb 2016

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

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

by | On 22 Feb 2016

Climate Change and Geoengineering Governance

This NTS Insight is a discussion paper prepared for a Pilot Workshop on ‘Governing Geoengineering in the 21st Century: Asian Perspectives’ to be held on 18-19 July 2011 in Singapore. The author, Profe...

by | On 22 Feb 2016

Asian Monetary Integration: A Japanese Perspective

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

by Masahiro Kawai | On 21 Feb 2016

The US and Myanmar: Need for Rapprochement

Secretary of State Hillary Clinton’s ground-breaking visit to Myanmar signals a shift in US attitude towards that country. Quicker rapprochement could benefit both countries as well as Southeast Asia.

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

On compact, Integrated & Connected Cities

The Urban Planning and Design focus area of UN-Habitat aims to support cities, regional and national authorities in adopting improved policies, plans and designs for more compact, socially inclusive,...

by Rafael Tuts | On 19 Feb 2016

From Agropolis to Ecopolis – Heading Towards Regenerative Cities

In this lecture, Stefan Schurig (World Future Council) talks about the vision of regenerative cities as the greening of the urban environment and the protection of nature from urban expansion, and abo...

by Stefan Schurig | On 19 Feb 2016

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

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

by Michael Gestrin | On 19 Feb 2016

Labor Supply Responses to the 1990s Japanese Tax Reforms

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

by Ken Yamada | On 19 Feb 2016

A Rights-Based Approach To Urban Development

Dr Urban Jonsson is the Executive Director of The Owls, an international consultancy company specialized in Human Rights and Development based in Dar es Salaam, Tanzania. DrJonsson is a leading author...

by | On 19 Feb 2016

Participation in practice

This lecture outlines the impact of participation on practice, in particular how it can expand the scope and nature of practice in order to add strategic value to practical work. NabeelHamdi introduce...

by | On 19 Feb 2016

Slums – Past, Present and Future

In this lecture Eugenie Birch demonstrates the growth of slums and associated solutions over time, explaining the reasons for their formation and the various approaches employed to improve substandard...

by | On 19 Feb 2016

Street-led city-wide slum upgrading

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

by | On 19 Feb 2016

Impact Of Trade Liberalisation On Employment In Bangladesh

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

by Wasel Shadat | On 19 Feb 2016

Urban Economy in the New Millennium

Michael Cohen in this lecture illustrates data about economic growth that demonstrate how cities act as engines of national economic development. In 2008, for the first time in human history, half the...

by | On 19 Feb 2016

China’s Outbound Investment: The US Experience

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

by Mark Feldman | On 19 Feb 2016

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

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

by Angela Cummine | On 19 Feb 2016

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

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

by Alan Fels | On 19 Feb 2016

The Asian Infrastructure Investment Bank: Multilateralism On The Silk Road

China’s first attempt to establish a multilateral financial institution was met with some suspicion and caution in the west. According to one interpretation, China is frustrated with the United States...

by Mike Callaghan | On 19 Feb 2016

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

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

by Rizwana Siddiqui | On 18 Feb 2016

Workshop Report: National Planning for Phase 1 of the CCAC Paddy Rice Component in Vietnam

This workshop was conducted as part of the mitigation strategies in rice production project, implemented with support from the agriculture initiative of the Climate and Clean Air Coalition. The projec...

by B. Sander | On 18 Feb 2016

ASEAN Economic Community (AEC) 2015: Opportunities and Challenges for Food Security

This NTS Policy Brief is based on the proceedings of the Expert Group Meeting on the ASEAN Economic Community (AEC) 2015: Opportunities and Challenges for Food Security held in June 2013. A key messag...

by | On 17 Feb 2016

Reflections on an Inclusive and Equitable ASEAN Community in 2015

The ASEAN-Canada Research Partnership was launched in 2012 by the Centre for Non-Traditional Security (NTS) Studies at the S. Rajaratnam School of International Studies (RSIS), Nanyang Technological U...

by S. Rajaratnam International Studies | On 17 Feb 2016

Food Security Robustness: A Driver of Enhanced Regional Cooperation?

Food security encompasses multiple, inter-connected dimensions, from production-related concerns, to market and price dynamics, environmental trends and policy approaches. Given this, ‘robustness’, th...

by | On 17 Feb 2016

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

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

by Abdul Qayyum | On 17 Feb 2016

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

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

by Attiya Y. Javid | On 17 Feb 2016

Methods for Identifying Low Emissions Development Options for Agriculture

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

by Sonja Vermeulen | On 17 Feb 2016

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

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

by | On 16 Feb 2016

Southeast Asia’s Haze Problem: Why So Hard to Resolve?

Haze from Indonesian fires has again blanketed Singapore and Malaysia. Prevention strategies are improving, but will likely take years to become truly effective.

by | On 16 Feb 2016

Gender Differences in Climate Change Perception and Adaptation Strategies: The Case of Three Provinces in Vietnam’s Mekong River Delta

This report, which forms part of the PIRCCA project outputs, focuses on the results of the survey conducted in the first half of 2015 on climate change perception and adaptation strategies of male and...

by Michael Sheinkman | On 16 Feb 2016

Exchange Market Pressure and Monetary Policy: Evidence from Pakistan

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

by M. Idrees Khawaja | On 16 Feb 2016

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

Economic Stability and Choice of Exchange Rate Regimes

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

by Sahoko Kaji | On 16 Feb 2016

Global Implications of the Renminbi’s Ascendance

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

by Eswar Prasad | On 16 Feb 2016

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

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

by ll Houng Lee | On 16 Feb 2016

Financial Stability and Financial Inclusion

Developing economies are seeking to promote financial inclusion, i.e., greater access to financial services for low-income households and firms, as part of their overall strategies for economic and fi...

by Peter J. Morgan | On 16 Feb 2016

Effectiveness of the Easing of Monetary Policy in the Japanese Economy, Incorporating Energy Prices

Japan has reached the limits of conventional macroeconomic policy. In order to overcome deflation and achieve sustainable economic growth, the Bank of Japan (BOJ) recently set an inflation target of 2...

by Naoyuki Yoshino | 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

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

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

by Georg Inderst | On 16 Feb 2016

Monetary Policy Objectives in Pakistan: An Empirical Investigation

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

by Wasim Shahid Malik | On 15 Feb 2016

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

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

by Attiya Y. Javid | On 15 Feb 2016

Southwest Area Integrated Water Resources Planning and Management Project in Bangladesh

The Southwest Area Integrated Water Resources Planning and Management Project in Bangladesh became the first initiative to successfully incorporate beneficiary participation into all aspects of managi...

by Asian Bank | On 15 Feb 2016

Link between the financial inclusion and Economic Growth: Unconventional Monetary Policy in Bangladesh

Like other developing countries, Bangladesh initiated financial sector reform program during 1990’s. The main objectives of the financial sector reform programs were: i) Gradual B 3 | P a g e eliminat...

by Sayera Younus | On 15 Feb 2016

Notes on the Monetary Policy Strategy of the Bangladesh Bank

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

by Bangladesh Bank BB | On 15 Feb 2016

Interest Rate Spread in Bangladesh: An Analytical Review

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

by Shamim Ahmed | On 15 Feb 2016

Recent Experiences in the Foreign Exchange and Money Markets

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

by Md. Habibur Rahman | On 15 Feb 2016

Foreign Direct Investment: Impact on Sectoral Growth in Bangladesh

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

by Iftekhar Ahmed Robin | On 15 Feb 2016

Inflation in Bangladesh: Supply Side Perspectives

This policy note is an exploratory attempt to verify the popular argument that cost side factors are no less contributory than demand side factors in stimulating inflation in the Bangladesh economy. T...

by Md. Alauddin Majumder | On 15 Feb 2016

Volatility in the Overnight Money-Market Rate in Bangladesh: Recent Experiences

This paper tries to investigate the pattern of volatility in the overnight money market rate (call money rate) in Bangladesh using subjective judgment as well as econometric techniques during the peri...

by Md. Shahiduzzaman | 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

Corporate Governance: An essential mechanism to curb malpractices by Organizations

The corporate governance mechanisms are market, institution and legal settings that protect outside investors from opportunistic behavior of managers or controlling shareholders. In the absence of suc...

by M. Bakhtear Uddin Talukdar | On 15 Feb 2016

War and Drugs in Afghanistan

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

by Vanda Felbab-Brown | On 14 Feb 2016

Maximizing Chances for Success in Afghanistan and Pakistan

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

by Bruce Riedel | On 14 Feb 2016

The Afghanistan–Pakistan Challenge: Meeting Humanitarian Needs

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

by Elizabeth Ferris | On 14 Feb 2016

Corruption in the MENA Region

The characteristics of the area of the Middle East and North Africa known as the MENA region tend to fuel corruption and result in low levels of transparency. Yet anti-corruption strategies have prima...

by Transparency International TI | On 14 Feb 2016

China Buys into Afghanistan

This article examines three elements of the popular narrative of China’s involvement in the development of Afghanistan’s vast natural resource wealth. It argues that Chinese companies invested in Afgh...

by Erica Downs | 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

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

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

by Attiya Y. Javid | On 14 Feb 2016

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

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

by Attiya Y. Javid | On 14 Feb 2016

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

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

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

A Strategy of the Special Cell

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

by Anjali Dave | On 14 Feb 2016

Human Capital vs. Physical Capital: A Cross-Country Analysis of Human Development Strategies

This study estimates a small simultaneous equation model using panel data from sixty-four countries for the years 1996 and 2004. The model is estimated by various techniques—OLS, TSLS, dummy variable...

by Rizwana Siddiqui | 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

Building Corporate Integrity Systems to Address Corruption Risks

Corporate integrity is often perceived to be the product of ethical leadership, strong compliance and effective regulations that prevent and sanction wrong-doing. While these elements are essential, e...

by Transparency International TI | On 13 Feb 2016

Public Health in india: Challenges Ahead

As the world’s largest democracy and the second most populous country in the world, India has experienced sea change since its independence in various facets of development. However as per public heal...

by Anuj Sabharwal | On 13 Feb 2016

Negotiating Marriage: Examining the Gap between Marriage and Cohabitation in India

Two connected observations often loom large in discussions about marriage in India. The first is that marriage for women on the sub-continent often occurs at a relatively early age, and this is cause...

by Lester Andrist | On 13 Feb 2016

Youth and Corruption

Integrity, like corruption, is learned. Unfortunately, in many countries corruption has been tolerated for generations. Young people have the potential to transform this present reality and end corrup...

by Transparency International TI | On 12 Feb 2016

Corporate Responsibility and Anti-Corruption: The Missing Link

At their best, corporate responsibility initiatives are an attempt to address the great environmental, social and ethical challenges of our times. As these programmes continue to evolve, the challenge...

by Transparency International TI | On 12 Feb 2016

Towards the Circular Economy: Accelerating the Scale-Up across Global Supply Chains

In this report, the World Economic Forum and the Foundation, with analytics provided by McKinsey & Company, acting as project adviser, joined forces to reconcile the concept of scaling a circular econ...

by | On 11 Feb 2016

Exceptions to Patent Rights in Developing Countries

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

by | On 10 Feb 2016

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

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

by | On 09 Feb 2016

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

The Global Commons & the Reconstruction of Sino-U.S. Military Relations

The “global commons,” which refers mainly to the sea, the skies, outer space and cyberspace, has become more and more congested and contested in recent years. Stable and dependable access to the globa...

by | On 09 Feb 2016

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

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

by | On 09 Feb 2016

India and its Neighbors: Development Scenarios 2009–2029

This report aims to provide an analysis of India’s potential future trajectories during 2009-2029. It will base its arguments on both long-term evolutionary trends, the various strength of the driving...

by | On 09 Feb 2016

China’s “New Multilateralism” and the Rise of BRIC: A Realist Interpretation of a “Multipolar” World Order

This paper is an attempt to verify the debate whether the association with BRIC is instrumental to China’s global strategy and key to its various global strategic objectives. The main thrust of this p...

by | On 08 Feb 2016

Rivalry and Cooperation: A New "Great Game" in Myanmar

Myanmar since its reform and opening up has become the locus for a new "Great Game" between the world's major powers. This brings with it new challenges for China which has hitherto been the preeminen...

by | On 08 Feb 2016

The PLA’s Evolving Global Role and New Security Initiatives

China’s increased openness, accelerating economic development, and the emergence of new security challenges and relationships in the post-Cold War world have cast the Chinese military and its role in...

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

The Liberalization of Climate-friendly Environmental Goods: Issues for Small Developing Countries

Liberalization of environmental goods that are climate-friendly could aid climate mitigation efforts by lowering costs of these goods by reducing or eliminating higher tariffs and non-tariff barriers...

by International Centre and Sustainable Development | On 08 Feb 2016

Crowding Out in the Labour Market: Do Employers Lend a Hand?

We test the basic assumption underlying the job competition and crowding out a hypothesis: that employers always prefer higher educated to lower educated individuals. To this end, we conduct a randomi...

by Dieter Verhaest | On 07 Feb 2016

Can Welfare Conditionality Combat High School Dropout?

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

by Øystein Hernæs | On 07 Feb 2016

Higher Education Expansion and Labor Market Outcomes for Young College Graduates

We examine the causal impact of China's higher education expansion on labor market outcomes for young college graduates using China's 2005 1% Population Sample Survey. Exploiting variation in the expa...

by Dongshu Ou | 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

Corporate Governance in Pakistan: Corporate Valuation, Ownership and Financing

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

by Attiya Y. Javid | On 06 Feb 2016

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

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

by Transparency International TI | On 06 Feb 2016

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

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

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

by Muhammad Javid | On 06 Feb 2016

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

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

by Mohammad Irfan | On 06 Feb 2016

Bangladesh National Integrity System Assessment 2014

One of the key strategic areas of Transparency International Bangladesh's research has always been the institutions of democracy and specialized pillars of governance and accountability, which constit...

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

Transparency in Corporate Reporting: Assessing the World's Largest Companies (2014)

This Transparency International report, Transparency in Corporate Reporting: Assessing the World’s Largest Companies, evaluates the transparency of corporate reporting by the world’s 124 largest publi...

by Transparency International TI | On 05 Feb 2016

Can Justice Be Achieved Through Settlements?

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

by Transparency International | On 05 Feb 2016

Truth, Power and the Rehabilitation of the Facts

This paper is an attempt to analyze the age-old phenomenon of leaks - the deliberate disclosure of secret information - and its relationship with the principle of transparency in a democracy. Secrets...

by | On 03 Feb 2016

Iraq, From Security to Political Management

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

by | On 03 Feb 2016

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

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

by Rashid Amjad | On 03 Feb 2016

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

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

by Unbreen Qayyum | On 03 Feb 2016

Foreign Aid and the Fiscal Behaviour of Government of Pakistan

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

by Rabia Butt | On 03 Feb 2016

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

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

by Yasmeen Akhtar | On 03 Feb 2016

Governance and the Effectiveness of Foreign Capital

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

by Unbreen Qayyum | On 03 Feb 2016

Market Imperfections and Dividend Policy Decisions ofManufacturing Sector of Pakistan

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

by Darakhshan Younis | On 03 Feb 2016

Liquidity Benefits from Underpricing: Evidence from Initial Public Offerings Listed at Karachi Stock Exchange

This study explains the underpricing phenomenon through the relationship of underpricing (initial returns), ownership structure and aftermarket liquidity empirically by using cross-sectional data of 5...

by Malik Muhammad Shehr Yar | On 03 Feb 2016

Dynamic Relationship and Volatility Spillover between the Stock Market and the Foreign Exchange Market in Pakistan: Evidence from VAR-EGARCH Modelling

The paper examines the dynamic relationship and volatility spillovers between the stock market and the foreign exchange market in Pakistan using weekly data from 02 July, 1997 to 04 July 2012. Johanse...

by Abdul Qayyum | On 03 Feb 2016

The Global Financial Crisis and Investors' Behaviour: Evidence from the Karachi Stock Exchange

The present study empirically examines the short term under and overreaction effect in the Karachi Stock Exchange, Pakistan, in the context of the 2008 Global Financial Crisis considering the period f...

by Asiya Sohail | 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

Evaluation of Gold Investment as an Inflationary Hedge in Case of Pakistan

The present study aims at empirically testing the status of gold as a potential hedge against inflation. The study whirls around analysing the nature of the relationship of expected and actual inflati...

by Nadeem Ul Haque | On 02 Feb 2016

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

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

by Syed Akther Shah | On 02 Feb 2016

Pakistan: The Impact of Economic Liberalisation on Poverty

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

by Zafar Mahmood | On 02 Feb 2016

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

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

by Golam Rasul | On 02 Feb 2016

Management of Strategic Crises and the Structure of the International System

The structure of the international system affects the manner in which its sub-units manage international crises, due to its influence on the tools and outcomes of crisis management. Conversely, the ma...

by | On 02 Feb 2016

Pesticide Policy

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

by Shahid Zia | On 02 Feb 2016

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

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

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

by | On 01 Feb 2016

Economic Inequality and Economic Development: Lessons and Implications of Global Experiences for the Arab World

This paper starts from the premise that economic inequality will be central to Arab policy makers concerns as they devise economic development strategies for the future. In this, the lessons from glob...

by | On 01 Feb 2016

US Goals and Strategies toward the Arab World

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

by | On 01 Feb 2016

Foreign Labor and Questions of Identity in the Arabian Gulf

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

by | On 01 Feb 2016

Employment Exchanges

Data about employment exchanges, how they function and suggestions for improvement are given here.

by Aarti Salve | On 01 Feb 2016

Financing Mitigation and Adaptation by Developing Countries

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

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

An Integrated Strategy for Sustainable Cities

The multiple challenges that cities face also represent a strategic opportunity to build sustainable cities and reap the benefits of rapid urbanization. Urban development should be understood as a bal...

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

India’s Role in East Asia: Lessons from Cultural and Historical Linkages

India’s presence in the East Asia Summit signals not only a victory for New Delhi’s “Look East” policy but also an implicit “Look West” policy on the part of India’s neighbors to the east. This conver...

by Ellen L. Frost | On 31 Jan 2016

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

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

by N Manoharan | On 31 Jan 2016

Savings Behaviour In South Asia

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

by Ranjan Kumar Dash | On 30 Jan 2016

Founding of IWMI In Sri Lanka

The parliamentary general elections in 1977 was a watershed in the political landscape of Sri Lanka. The government that came into power mid-year sought a more liberalized and open economy, and hence...

by Nanda Abeywickrama | 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

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

Initiating Work In Prison Settings

This Handbook on “Social Work Intervention in the Prison Setting” attempts to document the intervention strategies in working with various groups found in prison e.g. male and female prisoners, under...

by Prayas NGO | On 30 Jan 2016

Women's Leadership and Corporate Performanace

Is leadership diversified in Asian corporate boardrooms? How is gender diversity in corporate leadership associated with financial performance? What is the magnitude of potential gain by allocating hu...

by Meijun Qian | On 30 Jan 2016

Impact of Gender Inequality on the Republic of Korea's Long Term Economic Growth: An Application of the Theoretical Model of Gender Inequality and Economic Growth

This paper presents a theoretical model that can analyze the impact of gender inequality on long-term economic growth.

by Jinyoung Kim | 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

An Analysis of Pegged Exchange Rate Between Bhutan and India

This paper analyzes the applicability of the theory of optimum currency area to the pegged exchange rate regime between Bhutan and India. Most of the optimum currency criteria hold true for Bhutan and...

by Karma Galey | On 29 Jan 2016

Transformation of the Arab Gulf Economies into Knowledge Economies: Motivational Issues Related to the Tertiary Education Sector

Over the past ten years, Arab Gulf states have made it an explicit aim to transform their economies into Knowledge Economies.However, changing economic platforms is no easy task for a state, and the s...

by | On 29 Jan 2016

Russian Intervention in Syria: Geostrategy is Paramount

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

by | On 29 Jan 2016

Hard Law and ‘Soft Law’: Options for Fostering International Cooperation

Substantial literature has emerged in the past two decades on the meaning of “soft law”, its purposes, and its consequences for effective international cooperation. This paper argues that the distinct...

by | 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 Functioning of the WTO: Options for Reform and Enhanced Performance

The multilateral rules-based trading system has been crucial in helping states to cooperate and gradually open up borders to encourage trade and investment for development. It has contributed to tempe...

by | On 28 Jan 2016

The Parameters of a National Minimum Hourly Wage

Both academic and political debates over the minimum wage generally focus on the minimum wage rate. However, the minimum wage is a complex institution composed of a wide variety of parameters. In t...

by Vinish Kathuria | 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

Internal Migration in Developing Economies: An Overview

An overview is provided of the state of knowledge on internal migration in developing economies, with particular emphasis on recent contributions to the literature. The overview is divided into five s...

by | On 28 Jan 2016

Outward Foreign Direct Investment from India: Recent Trends and Patterns

This paper provides an overview of the changing patterns of O-FDI from India over 1975-2001. It shows that the increasing number of Indian TNCs during 1990s has been accompanied by a number of changes...

by Jaya Prakash Pradhan | On 28 Jan 2016

Global Production With Export Platforms

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

by Penn Stat | On 27 Jan 2016

Small World of Inter-Firm Network and Firm's Acquisition Behaviour

This study finds that the inter-firm network in India on account of director interlocks is a small world and the network has become more integrated since the introduction of corporate governance regul...

by | On 27 Jan 2016

The Political Economy of Low-carbon Investments: Insights from the Wind and Solar Power Sectors in India

The primary motivation behind this research is the need to accelerate the supply of renewable energy because of the important role that it plays in mitigating climate change and in fostering sustainab...

by | On 26 Jan 2016

The Future of Knowledge Sharing in a Digital Age: Exploring Impacts and Policy Implications for Development

We live in a Digital Age that gives us instant access to information at greater and greater volumes. The rapid growth of digital content and tools is already changing how we create, consume and distri...

by John Brownlee | On 26 Jan 2016

Towards a Global Reporting System for Development Cooperation on the SDGs: Promoting Transformational Potential and Impact

The proposed SDGs constitute a comprehensive, universal and interactive agenda of structural transformations as the pathway to sustainable development, leaving no-one behind while creating green econo...

by | 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

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

Best Practices in the Integrated Child Development Services: Some Lessons for its Restructuring and Strengthening

Some innovations within the Integrated Child Development Services (ICDS) have demonstrated significant improvements in the nutritional status of children. This note discusses four such innovations, as...

by Ashi Kohli Kathuria | On 26 Jan 2016

Overcoming Challenges to Accelerating Linear Growth in Indian Children

Early childhood stunting or linear growth retardation predicts poor human capital. While stunting rates in India are unacceptably high, the decline in stunting over the past decades demonstrates that...

by Harshpal Singh Sachdev | On 26 Jan 2016

India in the Emerging World Order: A status quo power or a revisionist force?

This chapter sets out to trace the changing contours of India’s foreign policy by throwing light on: (i) the historical and sociological compulsions shaping India’s strategic trends and the evolution...

by | On 25 Jan 2016

Determinants of Farm-level Adaptation Practices to Climate Extremes: A Case Study from Odisha, India

A large number of rural households in the state of Odisha, India are dependent on agriculture for their basic livelihoods, which is affected by the frequent occurrence of climate externalities like cy...

by Chandra Sekhar Bahinipati | On 25 Jan 2016

Does Exchange Rate Intervention Trigger Volatility?

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

by M. Ramachandran | On 24 Jan 2016

External Shocks

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

by Ashima Goyal | On 24 Jan 2016

From The Ground Up Changing The Conversation About Climate Change

The survey had two main aims – to provide a replicable baseline that could be measured over time and to inform the development of communication strategies in the future. The project has also developed...

by Stephan Faris | On 23 Jan 2016

Near-Term Inflation Outlook and BB’s Policy Stance

This paper uses three alternative forecasting techniques, namely, Box-Jenkins’s Autoregressive Integrated Moving Average (ARIMA) model, unrestricted Vector Autoregression (UVAR) model and Hsiao’s Fina...

by Md. Habibur Rahman | On 23 Jan 2016

Public Debt Sustainability in Bangladesh

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

by Md. Ezazul Islam | On 23 Jan 2016

Interest Rates and the Demand for Money in Bangladesh: An Empirical Investigation with Quarterly Data, 1997Q4-2006Q4

This paper investigates the sensitivity of money demand to interest rates on treasury bills in Bangladesh with quarterly data for the period 1997Q4-2006Q4. A standard demand for money function is spec...

by Akhand Akhtar Hossain | On 23 Jan 2016

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

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

by Muhammad Amir Hossain | On 23 Jan 2016

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

A Quick Analysis of Deposit Interest Rates Offered by Commercial Banks

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

by Md. Ezazul Islam | On 23 Jan 2016

A New Touch of Realism in Bilateral Talks

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

by | On 23 Jan 2016

Issues of South Asian Security, and the China Factor

As the diverse countries of South Asia seek to manage changes at home, this paper suggests that China, with its new links to the region, can play a significant role, as both sides are developing stake...

by | On 23 Jan 2016

India’s New Neighbourhood-Test

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

by | On 23 Jan 2016

Goodbye Planning, Welcome NITI

From 1 January 2015, the ‘YojanaBhavan’ on the busy Parliament Street (Sansad Marg) in Central Delhi sports a new name: NITI Aayog (Commission). This follows the official notification of the Governmen...

by | On 23 Jan 2016

Ensuring Access for the Climate Vulnerable in Bangladesh

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

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

Fertility Transition in India: 1985-2003

Using the data available through the Sample Registration System, the present paper employs a decomposition methodology to analyse the transition in fertility in India and in 15 of major states for the...

by Alok Chaurasia | On 23 Jan 2016

An Analysis of Private Commercial Borrowing from Foreign Sources in Bangladesh

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

by Sayera Younus | On 23 Jan 2016

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

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

by Bangladesh Bank | On 23 Jan 2016

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

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

by Bangladesh Bank | On 23 Jan 2016

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

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

by Bangladesh Bank | On 23 Jan 2016

What Drives Wind and Solar Energy Investment in India and China?

The focus of this research is on the determinants of low-carbon investment in the world’s two largest emerging economies: China and India. While these countries are responsible for the biggest growth...

by Stephen Spratt | On 23 Jan 2016

East Asia in 2015

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

by Sandip Kumar Mishra | On 23 Jan 2016

Modeling Interest Rate Cycles in India

The present study tries to examine the behaviour of various Indian interest rates such as call money rate, and yields on secondary market securities with maturity periods of 15 to 91 days, 1-year, 5-y...

by B B Bhattacharya | On 22 Jan 2016

Food Safety And Hygiene Practices Among Street Food Vendors In Delhi, India

A study was done to assess food safety and hygiene practices amongst street food vendors in Delhi, India. findings and observations at the vending site. Data was entered and analyzed with the help of...

by Chander Thakur | On 22 Jan 2016

ADB: Deepening Cooperation with Civil Society in 2014

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

by Asian Development Bank Institute | On 22 Jan 2016

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

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

Does Marginal Cost Pricing of Electricity Affect the Groundwater Pumping Behaviour of Farmers? Evidence From India

The purpose of this evaluation was to quantify the impact of the recent policy change in West Bengal relating to the pricing of electricity from a flat-rate tariff to a metered tariff. The study attem...

by Meenakshi J V | 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

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

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

by Biswajit Dhar | On 21 Jan 2016

The Growth-Employment Relationship Since 2000

This discussion paper is a brief assessment of the employment challenge that become manifest in the Indian economy during the past decade. It analyses various available economic indicators and present...

by Shipra Nigam | On 21 Jan 2016

2014 revision of the World Urbanization Prospects

Today, 54 per cent of the world’s population lives in urban areas, a proportion that is expected to increase to 66 per cent by 2050. Projections show that urbanization combined with the overall growth...

by United Nations (UN) | On 19 Jan 2016

Rural Sanitation Transformation in Himachal Pradesh

The relationship between poor sanitation, water borne disease, mortality and malnutrition is well documented. Statistics about the number of deaths due to diarrhea as well as stunting caused by malnut...

by Deepak Sanan | On 19 Jan 2016

Women Workers and the Politics of Claims-Making in a Globalizing Economy

The paper analyses the evolving politics of claims-making by women workers in the Global South in the context of a globalized economy. It addresses the following questions. What kinds of claims are pr...

by | On 19 Jan 2016

Indian Media’s Dickensian Age

What has allowed the Indian print media to grow, while newspapers are declining in the west? The first is literacy. Back in 1981, shortly after India’s magazine market got new life, only 40 percent of...

by T. N. Ninan | On 19 Jan 2016

Does Clientelism Work? A Test Of Guessability In India

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

by Mark Schneider | On 18 Jan 2016

Health Service Inequities as Challenge to Health Security

The paper provides an overview of the inequities in health outcomes and their variation across regional, social, and economic groups. It seeks to explain these variations by focusing on health service...

by | On 18 Jan 2016

Educational Attainment of Young Adults in India: Measures, Trends and Determinants

Given the fact that education of young adults plays crucial role from both economic and social point of view, the objective of the study is to analyse the pattern of improvements in their education a...

by Runu Bhatka | On 18 Jan 2016

Transfer Behaviour in Migrant Sending Communities

We study how international migration changes the private transfers made between households in the migrant sending communities of developing countries. A priori, it is indeterminate whether migration a...

by | 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

Gender and Climate Change Thematic Section

Eldis has brought together an editorially selected range of over 170 research resources from diverse perspectives and publishers. The theme focuses on gender equality and the role that both women and...

by E. Esplen | 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

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

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

by | On 11 Jan 2016

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

Is India Making Waves in South China Sea?

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

by Rajeev Ranjan Chaturvedy | On 09 Jan 2016

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

New Maritime Silk Road: Converging Interests and Regional Responses

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

by | On 09 Jan 2016

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

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

by Deeparghya Mukherjee | On 09 Jan 2016

Modi’s Foreign Policy: Focus on the Diaspora

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

by C. Raja Mohan | On 09 Jan 2016

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

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

by Marion Künzler | On 08 Jan 2016

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

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

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

by Tanvir Ali | On 08 Jan 2016

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

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

by Tanvir Ali | On 08 Jan 2016

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

Collapsing ‘Government’, Emerging ‘Governances’

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

by | On 07 Jan 2016

New Measures of the Trilemma Hypothesis: Implications for Asia

The authors develop a new set of indexes of exchange rate stability, monetary policy independence, and financial market openness as the metrics for the trilemma hypothesis. In their exploration, they...

by Masahiro Kawai | On 07 Jan 2016

Innovative Strategies in Higher Education for Accelerated Human Resource Development in South Asia Nepal

The report herein provide in-depth analysis of the state of technical and vocational education and training (TVET) and higher education in Nepal.

by Asian Development Bank Institute | On 07 Jan 2016

Cross-Border Price Differentials and Goods Market Integration in East Asia

As cross-border movements of goods, capital, and labor are intensifying, it is likely that goods markets in East Asia will become increasingly integrated. This study investigates the current state of...

by Woosik Moon | On 07 Jan 2016

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

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

by Yuqing Xing | On 07 Jan 2016

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

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

by Masahiro Kawai | On 06 Jan 2016

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

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

by Bharath Jairaj | On 05 Jan 2016

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

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

by The Asia Foundation | On 02 Jan 2016

Climate Change Perception Survey

This study elucidates people's perception about causes and impacts of climate change, current plans and programs, and future programming needed to address climate change issues more fully. The climate...

by The Asia Foundation | On 02 Jan 2016

Summary of Indonesia's Gender Analysis

Indonesia has made significant progress in promoting gender equality. Gender gaps in the youth literacy rate have been eliminated. Near parity in enrollment rates in elementary up to tertiary levels h...

by Uzma Hoque | 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

Service Sector Productivity and Economic Growth in Asia

This paper explores the impacts of more rapid growth in labor productivity in the service sector in Asia based on an empirical general equilibrium model. The model allows for input-output linkages and...

by Jong-Wha Lee | On 30 Dec 2015

Illegal Immigration and the Shadow Economy

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

by Carmen Camacho | On 29 Dec 2015

International Trade and Determinants of Price Differentials of Insulin Medicine

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

by Toshiaki Aizawa | On 29 Dec 2015

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

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

by Jamilah Mahyideen | On 29 Dec 2015

Labour Standards and Development Finance Institutions: A Review of Current Policies and Activities

Development Finance Institutions (DFIs) have the purpose of providing financial resources to economic actors in regions and sectors where access to capital is limited. Rather than competing with priva...

by | On 29 Dec 2015

Securing the Peace: Guiding the International Community towards Women's Effective Participation throughout Peace Processes

The transition from war to peace opens a unique window of opportunity to address the root causes of conflict and transform institutions, structures and relationships within society. It is essential to...

by UN Women | 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

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

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

by Farhad Hesary | On 29 Dec 2015

Response of Stock Markets to Monetary Policy: An Asian Stock Market Perspective

We estimate the response of Asian stock market prices to exogenous monetary policy shocks using a vector error correction model. In our paper, monetary policy transmits to stock market price through t...

by Farzana Sehrin | On 29 Dec 2015

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

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

by UN Women | On 28 Dec 2015

Adapting from the ground up: Enabling Small Businesses in Developing Countries to Adapt to Climate Change

Since the majority of the population in the developing world relies on micro and small businesses for their livelihoods, it is imperative that this segment of the economy becomes more resilient to fut...

by | On 24 Dec 2015

Macroeconomic Effects of Oil Price Fluctuations on Emerging and Developed Economies in a Model Incorporating Monetary Variables

The goal of this paper is to examine the impact of crude oil price movements on two macro variables, the gross domestic product (GDP) growth rate and the consumer price index (CPI) inflation rate, in...

by Naoyuki Yoshino | On 23 Dec 2015

Muslim exclusion in India: A review of the literature

It’s been 7 years since Sachar Committee published its reports, highlighting the deep and extensive deprivations Muslims in India face on the range of counts. It has been as many years since the Centr...

by Sajjad Hassan | On 23 Dec 2015

People’s Monitoring of the RTI Regime in India (2011-13)

Right to Information Assessment and Advocacy Group (RaaG) came into existence, in 2008 when a group of RTI activists, researchers and academics got together to create a group dedicated to the ongoing...

by | On 23 Dec 2015

Population and Sustainable Development in the Post-2015 Agenda

The Outcome Report of the Global Consultation on Population Dynamics and the Post-2015 Development Agenda not only explains the linkages between today's most pressing development challenges, populatio...

by United Nations Population Fund UNFPA | On 23 Dec 2015

Fiscal Decentralization And Tax Incentives In The Developing world

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

by Quan Li | On 23 Dec 2015

How does Women’s Time in Reproductive Work and Agriculture Affect Maternal and Child Nutrition? Evidence from Bangladesh, Cambodia, Ghana, Mozambique, and Nepal

This paper examines whether an increase in women’s time in agriculture adversely affects maternal and child nutrition, and whether the lack of women’s time in reproductive work leads to poorer nutriti...

by SOPHIE THEIS | On 22 Dec 2015

The Iran-Pakistan-India Pipeline - The Intersection of Energy Politics

This paper seeks to identify the strategic and economic variables involved in India’s decision about whether or not to pursue a proposed natural gas pipeline from Iran. There is a lot of misinformatio...

by | On 22 Dec 2015

Thailand’s Investment in India’s Northeast: Strategies, Potentials and Risks

The imperatives for Thailand’s investment in the Northeast have come from two important considerations, reflecting longterm strategic objectives of the Look West Policy of Thailand. First, India’s nor...

by | On 22 Dec 2015

Second Demographic Transition or Aspirations in Transition: An Exploratory Analysis of Lowest-low Fertility in Kolkata, India

The paper argues that second demographic transition (SDT) might have to be redefined for a developing country in context to India. India currently has the lowest fertility rate (TFR 1.2). This could b...

by Saswata Ghosh | On 22 Dec 2015

Technology and Innovation Report 2015

Building productive capacities and promoting sustainable industrialization have an important role to play across the spectrum of the integrated 2030 Agenda for Sustainable Development. The Agenda reco...

by United Nations Conference on Trade and Development UN | On 22 Dec 2015

Gender and Financial Inclusion through the Post

Women form a disproportionately large share of the world’s unbanked population. Gender inequalities in employment and earnings mean that women have lower incomes, making them less able to open account...

by | On 21 Dec 2015

Toward a Progressive Indian and Global Climate Politics

This paper discusses domestic politics around climate change in India as an entry point to understanding India’s role in global climate negotiations. I suggest there is broad agreement within India on...

by NAVROZ DUBASH | On 21 Dec 2015

Tracing Human Rights In Health

This paper is an endeavor to situate the evolution of Right to Health in a historical context. The various highlights of the paper are :i) Evolution of public health. ii) Evolution of human rights.ii...

by | On 21 Dec 2015

c-section epidemic

How can we explain the exponential increase of the cesarean section in the U.S. in recent decades? Drawing from 130 in-depth interviews with women, obstetricians, midwives, and labor and delivery nurs...

by theresa morris | On 21 Dec 2015

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

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

by Asian Development Bank Institute | On 21 Dec 2015

Water-Related Disasters and Disaster Risk Management in the People’s Republic of China

Disaster risk now presents one of the most serious threats to inclusive and sustainable socioeconomic development. Coupled with anticipated increases in the frequency and intensity of weather-related...

by Asian Development Bank Institute | On 21 Dec 2015

Study on Conditions and Needs of Women Workers in Delhi

Study on the needs and conditions of women workers in Delhi must begin its enquiry with the initial problem of poor availability of employment or access to economic activity/work for women in the cap...

by Neetha N | On 21 Dec 2015

Missed Opportunities in Global Health: Identifying New Strategies to Improve Mental Health in LMICs

Countries like South Africa and India are putting new mental health policies in place. There is now a clear agenda of “what to deliver” to make this deplorable reality better, and indeed a nascent adv...

by Victoria Menil | On 19 Dec 2015

Payment System Regulation for Improving Financial Inclusion

Drawing from existing domestic experiences and the first results of the international debate, this paper tries to identify some high-level recommendations on how the payments system should be regulate...

by Maria Malaguti | On 19 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

Now Corporate Paralysis

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

by T.N. Ninan | On 18 Dec 2015

Economic History of Tobacco Production in India

India is the world’s second largest producer of tobacco. The paper throws light on a combination of strong prices, domestic consumption, good export demand for tobacco and low prices of other crops he...

by K V K Ranganathan | On 18 Dec 2015

Parental Education and Infant Mortality in India: Understanding the Regional Differences

This study examines the effect of parental education in the regional variation of infant mortality in India. The results are very robust to different potential confounding factors including socio-econ...

by Pradeep Choudhury | On 18 Dec 2015

Challenge of In-vitro Diagnostics for Resource Poor Settings: An Assessment

This article reviews the diagnostic needs and challenges of resource poor settings and the impact of present institutional and policy regime on the development of ecosystem for innovation making in ca...

by Dinesh Abrol | 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

FDI into India’s Manufacturing Sector via M&As: Trends and Composition

The paper provides evidence to India’s strategy towards FDI in the post-1991 period has been to attract large amount of FDI by offering it freedom of entry and operation. However, India failed to attr...

by Vipin Negi | On 18 Dec 2015

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

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

by Mst. Nurnaher Begum | On 18 Dec 2015

External Sector Openness Management: The Bangladesh Experience

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

by Abdul Wahab | On 18 Dec 2015

Nepal: A Failing State or a State in Transition?

The modest intention of this paper is to question the above assertion that Nepal is a failing state. To this end, it shall firstly outline the broad definition of failing states. Secondly, it will off...

by Oliver Housden | On 17 Dec 2015

China and Myanmar: Strategic Interests, Strategies and the Road Ahead

This research paper is divided into two parts to provide a more complete view of how both countries think in term of their ambitions and the methods they deem important to achieve them. This paper arg...

by | On 17 Dec 2015

Contemporary Naxal Movement in India: New Trends, State Responses and Recommendations

This paper makes an attempt to map the Maoist conflict in its present state of affairs and while describing its present manifestations, the past links have always been revisited. The paper also attemp...

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

Achieving the Malaria MDG Target: Reversing the Incidence of Malaria 2000–2015

In this joint publication, UNICEF and the World Health Organization report that between 2000 and 2015, malaria mortality rates among children under age 5 fell by 65 per cent, saving an estimated 5.9 m...

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

Technology in the 2015 Paris Climate Agreement and Beyond

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

by | On 16 Dec 2015

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

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

by Meenakshi Rajeev | On 16 Dec 2015

Does the Rise of Middle Class Lock in Good Government in the Developing World?

The current size of the income-secure middle class and its likely future growth, suggest that optimism is indeed warranted for many of today’s middle-income countries. But it is not warranted for all...

by Nancy Birdsall | On 14 Dec 2015

Indian's Energy Transition in a Climate-Constrained World

This paper examines the historical attributes of energy transition and finds various critical factors that determine the success of such shift: appropriate IPR regimes; local innovation; economic feas...

by | On 11 Dec 2015

Committing to Child Survival: A Promise Renewed

This report is a global partnership initiative aimed at ending preventable child and maternal deaths. It also provides current information on causes of child and maternal deaths, and coverage of key i...

by United Nations Children's Fund UNICEF | On 11 Dec 2015

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

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

by | On 09 Dec 2015

Impact of Labour Migration to the Construction Sector on Poverty: Evidence from India

Seasonal and circular migration is an important livelihood strategy for workers in developing countries and the construction industry is one of the largest recipients of such labour. The impact of lab...

by RPC Migrating out of Poverty | On 08 Dec 2015

Regional Inequality and ‘Inclusive Growth’ in India under Globalization: Identification of Lagging States for Strategic Intervention

This paper analyses the trends and patterns of economic inequality across Indian states since the early 1990s. The inter-state inequality in per capita income and consumption expenditure show a clear...

by | On 04 Dec 2015

India Approaches Replacement Fertility

This Population Bulletin updates a previous Bulletin from 2006, India's Population Reality: Reconciling Change and Tradition. India's population (currently at 1.3 billion) will exceed China's before 2...

by O.P. Sharma | On 18 Nov 2015

Key Indicators of Social Consumption in India: Education

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

by National Sample Survey Office NSSO | On 17 Nov 2015

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

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

by Lekha S. Chakraborty | On 16 Nov 2015

An Impact Evaluation of Investment in Infrastructure : The Case of the Railway Connection in Uzbekistan

The objective of this paper is to examine the nature and magnitude of the effects of infrastructure provision on regional economic performance. The empirical evidence of the analysis is based on diffe...

by Naoyuki Yoshino | On 13 Nov 2015

A New Benchmark for Human Rights

If it passes muster, Corporate Human Rights Benchmark will undeniably be the next big thing in human rights tracking

by Sudeep Chakravarti | On 10 Nov 2015

Eradicating Extreme Poverty in Bangladesh: National Strategies and Activities

Although Bangladesh has achieved fairly steady economic growth, as of 2011, almost half of its population still lived in extreme poverty. As a result, the Government of Bangladesh and its development...

by Nayma Qayum | On 09 Nov 2015

Migration for Hard Work: A Reluctant Livelihood Strategy for Poor Households in West Bengal, India

This paper reports some initial findings of a study of how migrants in India and Bangladesh and the household members that stay behind reduce the insecurities they face (including hunger, debt, ill-he...

by | On 02 Nov 2015

Meta - Study of Literature on Budget Private Schools in India

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

by Centre for Civil Society CCS | On 29 Oct 2015

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

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

by Jayati Sarkar | On 19 Oct 2015

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

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

by Rajeswari Sengupta | On 19 Oct 2015

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

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

by Jayati Sarkar | On 16 Oct 2015

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

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

by Ajay Chhibber | On 16 Oct 2015

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

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

by Harendra Behera | On 16 Oct 2015

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

Measuring Poverty in a Growing World

The extent to which growth reduces global poverty has been disputed for 30 years. A major problem is that consumption measured from household surveys, which is used to measure poverty, grows less rapi...

by Angus Deaton | On 13 Oct 2015

Labour Force Participation in Rural Bihar: A Thirty-Year Perspective Based on Village Surveys

This paper focuses on the economic activity and the work status of men, women and children in rural Bihar. It uses data from surveys carried out in 36 villages under the research programme, Aiming at...

by | On 13 Oct 2015

Panchayats and Household Vulnerability in Rural India

This paper tries to assess the impact of coping strategies on household welfare. The paper tries to identify the components of vulnerability to better focus policy. India, particularly rural India, h...

by Raghbendra Jha | On 12 Oct 2015

Social and Economic Change in Rural Bihar and the Emerging Policy Framework

This document presents a summary of the initial findings from a research programme on inclusive growth in Bihar, carried out by the Institute for Human Development, New Delhi. The study aims to unde...

by | On 12 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

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

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

by | On 11 Oct 2015

Eleventh Five Year Plan (2007–2012) Social Sector

The Eleventh Plan places the highest priority on education as a central instrument for achieving rapid and inclusive growth. It presents a comprehensive strategy for strengthening the education secto...

by Planning Commission, India | On 09 Oct 2015

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

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

by | On 08 Oct 2015

Soil Health: Issues and Concerns - A Review

This paper brings out the importance of soil fertility management (SFM) with respect to agricultural production and livelihood contribution to the rural people. It looks into the farmers' own knowledg...

by B. Suresh Reddy | On 08 Oct 2015

A Darwinian Perspective on “Exchange Rate Undervaluation”

This paper studies how status competition for marriage partners can generate surprising effects on the real exchange rate (RER). In theory, a rise in the sex ratio (increasing relative surplus of men)...

by Qingyuan Du | On 08 Oct 2015

India's Journey with Corporate Social Responsibility – What Next?

One of the causes for raised eyebrows to the Companies Act, 2013 is Section 135. The provision mandates companies meeting certain requirements to compulsorily contribute to corporate social responsibi...

by | On 06 Oct 2015

Now for the Reality Play

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

by T.N. Ninan | On 02 Oct 2015

Climate Change Impacts on Agriculture – Implications for Food Production in Tamil Nadu, India

Policy makers in India need to pay careful attention to the potential impacts of climate change on food production. Research in Tamil Nadu suggests that rice and sorghum yields are likely to decline b...

by V. Saravanakumar | On 30 Sep 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

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

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

by Indrani Gupta | On 30 Sep 2015

Maternal Mortality in India: A Review of Trends and Patterns

This paper discusses the trends and patterns in reduction in maternal mortality in India, and focuses on highlighting inter- and intra-state disparities. We find that the trends in the maternal mortal...

by William Joe | On 29 Sep 2015

Institutional Changes Favouring FDI Inflows to India: Gradual Transformation Since 1969

How did India respond to globalization in the realm of inward foreign direct investment (FDI)? This paper presents the economic institutional change favouring FDI inflows at the union level of India b...

by | On 25 Sep 2015

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

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

by Sacchidananda Mukherjee | On 24 Sep 2015

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

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

by | On 22 Sep 2015

Book Review: Climate Insurgency: A Strategy for Survival

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

by Peter St. Clair | On 15 Sep 2015

Health Shocks and Short-Term Consumption Growth

Health shocks can affect the household economy through a substantial rise in out-of-pocket medical expenditure and/or loss of income. In such a situation, households use a range of coping mechanisms t...

by Sowmya Dhanaraj | On 14 Sep 2015

The Costs and Benefits of Domestic Work as a Livelihood Strategy

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

by | On 14 Sep 2015

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

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

by | On 14 Sep 2015

Organising Rural Labour Process and Experiences, Vol. 2

Problems and challenges faced by the rural labour in India are many both in terms of their magnitude and impact on the rural economy in general and rural labourers in particular. The magnitude and the...

by | On 09 Sep 2015

Organising Rural Labour: Process and Experiences, Vol. 1

Problems and challenges faced by the rural labour in India are many both in terms of their magnitude and impact on the rural economy in general and rural labourers in particular. The magnitude and the...

by | On 09 Sep 2015

Changing Trends in Female Labour Force Participation in India: An Age–Period–Cohort Analysis

Despite rapid economic growth coupled with benefits of the demographic dividend, evidence from both the NSSO 66th and 68th Rounds reveals a decline in female labour force participation in India. This...

by Sandhya Mahapatro | On 04 Sep 2015

Internal Migration and the Development Nexus: The Case of Bangladesh

Over the last decade, the landscape of Bangladesh has changed remarkably. Persistent mobility of people questions existing development strategies, which are largely based on sectoral approaches that...

by Rita Afsar | On 31 Aug 2015

Financial Market Regulation in India-Looking back, Looking Ahead

A broad assessment of the evolution of financial markets and the issues we are grappling with are given here. We can learn right lessons from other countries. There could be different view points and...

by Harun R Khan | On 31 Aug 2015

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

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

by Megan Gerecke | On 31 Aug 2015

Identity, Interests and Indian Foreign Policy

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

by | On 25 Aug 2015

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

Children in Conflict with Law

A juvenile or a child is any person below the age of 18 years. Over the last 10 years, crimes committed by children, as a percentage of all crimes committed in the country, have risen from 1.0% to 1....

by Apoorva Shankar | On 21 Aug 2015

The Challenge of Jobless Growth in Developing Countries: An Analysis with Cross-Country Data

Although high rate of economic growth is necessary condition for rapid poverty reduction on a sustained basis, this is not a sufficient condition, and the relationship between economic growth and pove...

by Rizwanul Islam | On 21 Aug 2015

China: Case study on Human Development Progress towards the Millennium Developmental Goals at the Sub-National Level

This paper analyses an overview of china human development in Time and Space. The paper covers themes like regional inequality in China Since 1952 and Urban-Rural Inequality, 1980-2000. The paper is a...

by | On 21 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

The Sunday Edit: Monetary Policy Transmission: Visible Disconnect

Enhancing bank competition, among other measures, could adequately strengthen interest rate transmission; but the danger is in overreaching and losing leverage.

by Ramkishen S. Rajan | On 16 Aug 2015

Don’t Target the Media

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

by T.N. Ninan | On 15 Aug 2015

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

The National Policy on Biofuels sets an indicative target of 20per cent blending of biofuels by 2017 to tackle the twin problem of energy security and climate change. Although biofuels seem to be the...

by Gopinath Reddy | On 13 Aug 2015

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

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

by | On 12 Aug 2015

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

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

by | On 11 Aug 2015

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

Equilibrium Exchange Rate Estimation for Taka – A Co integration Analysis

This paper is an attempt to know the equilibrium exchange rate of Taka to measure exchange rate misalignment. To estimate the equilibrium real exchange rate we use macroeconomic balance approach, wh...

by Md. Akhtaruzzaman | On 11 Aug 2015

The Socially Responsible Company as a Strategic Second-Order Observer: An Indian Case

The emergence of Corporate Social Responsibility (CSR) as a global component of business-society relationships has triggered many controversial debates in which CSR is either advocated as a source of...

by Damien Krichewsky | On 07 Aug 2015

Annual Status of Higher Education of States and UTs in India 2014

The report aims to provide an overview of the higher education status in India, the key challenges it faces and reforms which are at various stages of conceptualization or implementation. In this vers...

by Confederation of Indian Industry | 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

The Role of Technical and Vocational Education in the National Development of Bangladesh

Education is a basic human right and considered by many as a key tool for national development. However, this tenet has been challenged by several economists, especially Pritchett (1996). His empirica...

by Gazi Mahabubul Alam | On 03 Aug 2015

Rethinking North Korea’s Denuclearization: Approaches and Strategies

This paper represents a South Korean attempt to address the issue and to tentatively outline a roadmap of sorts according to which North Korea’s denuclearization can be achieved. The paper argues th...

by | On 31 Jul 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

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

For a sample of 42 high and middle income countries analyzed over a period of 30 years ranging from 1982 till 2011, this paper shows that while an efficient trilemma policy choice can help lower inf...

by | On 31 Jul 2015

Inflation Targeting in India: Select Issues

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

by Charan Singh | On 17 Jul 2015

Urbanisation and Urban Poverty: A Gender Analysis

Urbanisation and urban growth have accelerated in many developing countries in the past few years. While natural population growth has been the major contributor to urbanisation, rural-urban migration...

by Rachel Masika | On 10 Jul 2015

Can Foreign Banks Contribute to Financial Inclusion?

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

by Ramkishen S. Rajan | On 05 Jul 2015

Migration and Human Development in India

The paper discusses how gaps in both the data on migration and the understanding of the role of migration in livelihood strategies and economic growth in India, have led to inaccurate policy prescript...

by Priya Deshingkar | On 03 Jul 2015

Wrong Target for Benign Neglect

The school education system needs a desperate overhaul. The human resource development minister in New Delhi be focusing on it too, in the middle of her other pressing concerns.

by T.N. Ninan | On 27 Jun 2015

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

Fourteenth Report on Integrated Child Development Services (ICDS) Scheme

The audit report on ICDS has revealed that the policy of universalization of ICDS Scheme remained unattained and the Scheme could not achieve the desired goals. Hence, controller and auditor general d...

by Lok Sabha Secretariat | On 22 Jun 2015

A Multi-dimensional Approach to Management of Port Life Cycle: The Case of Major Ports in India

This paper aims at understanding the different dimensions of life cycle of a seaport enabling the port-planners to decide on their strategies. There are different stages in the life cycle of an orga...

by Deepankar Sinha | On 19 Jun 2015

Medium-Term Budgetary Framework (MTBF) of Bangladesh Election Commission

The statement aims to stand firmly as an independent institution and to conduct every election honestly, fairly and transparency and in accordance with the Constitution and laws of the country. The st...

by Ministry of Finance Bangladesh | On 18 Jun 2015

Inflation Targeting India: Select Issues

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

by Charan Singh | On 18 Jun 2015

Culture’s Influence: Regionally Differing Social Milieus and Variations in Fertility Rates

This paper analyzes two social milieus in southern Germany and argues that variations in their fertility rates can only be understood through their cultural differences. Family extension patterns as w...

by | On 17 Jun 2015

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

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

by So Umezaki | On 10 Jun 2015

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

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

by Muhammed Omar | On 05 Jun 2015

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

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

by Subir Bhaumik | On 04 Jun 2015

Women and Work in South Asia: Changes and Challenges

This paper examines a number of questions that have a bearing on women’s employment in South Asia. The characteristic features of the region such as the predominantly rural, agrarian economy; patriarc...

by | On 04 Jun 2015

Progress Report of the Sixty-Eighth World Health Assembly

The comprehensive mental health action plan 2013–2020 was adopted by the Sixty-sixth World Health Assembly in May 2013. The present report summarizes progress made in implementing the action plan. The...

by World Health Organisation (WHO) | On 01 Jun 2015

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

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

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

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

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

by World Health Organisation (WHO) | On 26 May 2015

Report of the Working Group on AIDS Control for the 12th Five Year Plan

The paper aims to review the status of on-going National AIDS Control Programme with reference to objectives, strategies, plan initiatives, targets and outlays during 11th Five Year Plan and achieveme...

by National AIDS Control Programme NACP | On 25 May 2015

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

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

by Planning Commission | On 21 May 2015

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

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

by Ministry of Agriculture GOI | On 13 May 2015

Understanding Poverty in India

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

by Asian Development Bank Institute | On 08 May 2015

Return of the Kashmiri Pandits: Need for Inclusive Dialogue

In context of contemporary debates about the government’s plan to rehabilitate Kashmiri Pandits, this paper presents perspectives on the creation of separate townships, grounding these in the historic...

by Sheetal Munshi | On 21 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 People’s Republic of China's Potential Growth Rate: The Long-Run Constraints

In this paper People’s Republic of China’s (PRC’s) potential growth rate during the last 30 years is analysed. The PRC’s potential growth rate is not demand constrained, in particular by the balance...

by Juzhong Zhuang | On 27 Mar 2015

Assam Child Budget 2014-15

The State budget had focused the receipt and expenditure under the Consolidated Fund of the Government with dissemination of allocation under different development sectors. The fund flow towards child...

by | On 24 Mar 2015

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

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

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

by | On 23 Mar 2015

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

Stability and Transitions in Emerging Market Policy Rules

Conditions for stability in an open economy dynamic stochastic general equilibrium model adapted to a dualistic labor market (SOEME) are the same as for a mature economy. But the introduction of mon...

by Ashima Goyal | On 11 Mar 2015

Union Budget 2015-16 through Gender Lens

Union Budget 2015-16 fails to provide for the needs of the women in the country, with budgetary allocation for most women’s development schemes facing a steep reduction. This article reviews the budge...

by Vibhuti Patel | On 09 Mar 2015

Global Strategy for Women' s and Children's Health

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

by United Nations UN | On 03 Mar 2015

Budget for the Rich to get Richer and throw Crumbs to the Poor

A substantial part of the 2015 Budget Statement is interspersed with the promise that ‘every rupee of public expenditure…will contribute to the betterment of people’s lives through job creation, pover...

by Gautam Mody | On 03 Mar 2015

Union Budget 2015-16: Shocking Neglect of Health Care

The budget proposals are premised on the assumption that health care is an individual’s responsibiity. The government appears to be rapidly shedding its responsibilities to provide accessible health...

by Ravi Duggal | On 01 Mar 2015

Economic Survey 2014-15: 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

Democracy, Inclusion, and Prosperity

People want to live in a safe prosperous country where they enjoy freedom of thought and action, and where they can exercise their democratic rights to choose their government. But how do countries en...

by Raghuram G. Rajan | On 24 Feb 2015

Social Exclusion in the Context of Swachh Bharat Abhiyan

Access to water and sanitation are strongly influenced by identities of caste, class and gender. The launch of the Swachh Bharat Abhiyan presents an opportunity to address some concerns pertaining to...

by Kanika Kaul | On 19 Feb 2015

The Paradox of Gender Responsive Budgeting

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

by | On 17 Feb 2015

Sri Lankan Presidential Election at a Glance

This brief is review of an electoral analysis of Sri lanka Presidential Elections. Paper discusses the various measures of failure on the part of the Rajapaksa government and strategies for new govern...

by Saman Kelegama | On 09 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

Designing Policies in the Presence of Hawala Markets

The paper explores the impact of the existence of such a mechanism on the effectiveness of various policy instruments in influencing outcomes on the official foreign exchange markets and GDP. The pape...

by R.Kavita Rao | On 13 Jan 2015

Cyber Crime and Security

The purpose of this paper is Understanding Cyber crime and its phenomena, challenges and legal response to assist everyone in understanding the legal aspects of cyber security and to help harmonize le...

by Shilpa Yadav | On 13 Jan 2015

China and Its Peripheries: Contentious Relations with North Korea

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

by | On 26 Dec 2014

Impact of Public Spending on Health and Education of Children in India: A Panel Data Simultaneous Equation Model

The basic objective of the study is to examine the impact of public expenditure on health and education after incorporating the linkages between health status of children and their educational achiev...

by Runu Bhatka | On 12 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

Dietary Intake and Rural-Urban Migration in India: A Cross-Sectional Study

Migration from rural areas of India contributes to urbanisation and lifestyle change, and dietary changes may increase the risk of obesity and chronic diseases. It tests the hypothesis that rural-to-u...

by Shah Ebrahim | On 02 Dec 2014

Multidimensional Poverty and Child Survival in India

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

by Sanjay K. Mohanty | On 02 Dec 2014

Female Literacy: A Success Story of Maharashtra

This paper makes in-depth study of the level of literacy among females and the extent of gender disparity in literacy in different districts of rural and urban Maharashtra. This paper also shows imp...

by Asha A. Jindal | On 11 Nov 2014

Mortality Burden and Socioeconomic Status in India

The dimensions along which mortality is patterned in India remains unclear. We examined the specific contribution of social castes, household income, assets, and monthly per capita consumption to mort...

by Y. T. Po June | On 07 Nov 2014

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

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

by Aaditya Mattoo | On 06 Nov 2014

International Migration and Development in East Asia and the Pacific

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

by Ahmad Ahsan | On 31 Oct 2014

Agriculture, Income and Nutrition Linkages in India

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

by Suneetha Kadiyala | On 31 Oct 2014

Spillover Effects of Exchange Rates: A Study of the Renminbi

This paper estimates the impact of China’s exchange rate changes on exports of competitor countries in third markets, which is called as the “spillover effect. Recent theory is used to develop an id...

by Aaditya Mattoo | On 29 Oct 2014

Corporate Sustainability a Panacea for Growth: Values, Convictions and Acrions

Can corporate sustainability aid growth, create value and actions on environmental protection? The answer can be positive. But at the same time, level of development of the country, poverty etc. also...

by G Padmanabhan | On 27 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

What Undermines Aid’s Impact on Growth?

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

by Raghuram G. Rajan | On 20 Oct 2014

Youth in Transition: The Challenges of Transitional Change in Asia

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

by UNESCO UNESCO | On 16 Oct 2014

Human Development Progress in South Asia: Achievements and Challenges

Rapid human development progress in India, Bangladesh and other South Asian nations is helping drive a historic shift in global dynamics, with hundreds of millions of people rising from poverty and bi...

by Rameshwar Jat | On 26 Sep 2014

Causes of Indian Rupee Depreciation and its Impact on Bangladesh Economy

The intention of this paper is to examine the impact of Indian Rupee depreciation on Bangladesh Economy. The empirical results obtained from OLS for the sample period from 2007:10 to 2013:10 show tha...

by Sayera Younus | On 25 Sep 2014

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

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

by Maria Platt | On 24 Sep 2014

Putting Young People Into National Poverty Reduction Strategies

Many national poverty reduction strategies overlook the needs of young people. Even where national strategies do have a youth focus, the analysis of their situation is limited because little or no ref...

by United Nations Population Fund UNFPA | On 18 Sep 2014

The Operational Evidence Base for Delivering Direct Nutrition Interventions in India

In the report a review of 22 program models shows that a majority focused on improving breastfeeding and timely initiation of complementary feeding. However, only a few addressed the full spectrum of...

by Rasmi Avula | On 16 Sep 2014

A Handbook of Statistical Indicators of Indian Women

The Handbook is intended to provide a bird's eye view of the present status of Indian women. The various tables indicate the primary data sources and the key facts are presented in bullet points at th...

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

Nutritional Status of Women and Children and Working of ICDS in Flood Prone Districts of Bihar 2005

ICDS is one of the most critical programmes of the Government of India, implemented by Department of Women and Child Development. In course of several fieldwork in North Bihar the investigating team o...

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

State of Literacy among Adolescents and Youth Population

Gives an overall view about the literacy rates of youth and adolescents in India.

by A.K. Samal | On 06 Sep 2014

Unravelling India’s Inflation Puzzle

From 2003, the Indian economy enjoyed a boom in growth coupled with moderate inflation for five years. The economy grew at a rate close to 9 percent per year, until it was punctured by the global fina...

by Pankaj Kumar | On 19 Aug 2014

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

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

by Somen Saha | On 11 Aug 2014

Union Budget 2014: Marginal Realignment of Tactics to Strategy

The article examines the restructuring of expenditure in the first budget of the new government, and its feasibility. It compares the increase in budget allocations for key macroeconomic aggregates a...

by Ashima Goyal | On 21 Jul 2014

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

Determinants for the Demand and Supply of Texile Exports of Pakistan

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

by Rabia Latif | On 01 Jul 2014

The World’s Youth – Data Sheet 2013

The Population Reference Bureau factsheet presents various facts about young people across the world. Some of the data refers to teenage pregnancy, childbirth, prevalence of child marriage in the worl...

by PRB Population Reference Bureau | On 17 Jun 2014

The Food Security Policy Context in South Africa

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

by Josee Koch | On 29 Apr 2014

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

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

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

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

by Jugnu Ansari | On 21 Feb 2014

Financing Infrastructure in Bangladesh – Some Options

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

by Ishraq Ahmed | On 22 Jan 2014

India’s Regional Security Cooperation: The Nehru Raj Legacy

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

by prashant kumar | On 21 Jan 2014

Emerging Geopolitical Trends and Security in the Association of Southeast Asian Nations, the People’s Republic of China, and India (ACI) Region

The rapid economic growth in the region consisting of the Association of Southeast Asian Nations (ASEAN), the People’s Republic of China (PRC), and India has begun to change the strategic landscape of...

by C. Raja Mohan | On 21 Jan 2014

Women's Migration, Urban Poverty and Child Health in Rajasthan

The paper is concerned with the high levels of infant and child illness and death amongst poor urban slum communities in Rajasthan, a state with one of the highest infant mortality rates in India. Ur...

by Maya Unnithan Kumar | On 15 Jan 2014

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

Asia's Rising Power and America's Continued Purpose

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

by Aaron Friedberg | On 26 Nov 2013

Regional Cooperation on the Ganga Basin: Yet a mirage?

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

by Dwarika Dhungel | On 15 Nov 2013

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

Population Projections: Census 2011 Data

According to the Census data for 2011 which was released recently, India's population growth will steadily decline as indicated in stabilisation of Total Fertility Rate (TFR) by 2025. The report esti...

by Government of India GOI | On 07 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

Judge not, Judge be not, Be not a Judge

Some news items appearing over the past six months concerning judges cause concern and alarm. Here are a few. A judge was travelling in a car with revolving red beacon light at the top. When the car...

by Lawyers Collective | On 23 Oct 2013

Incentive Effects of Capital Gains and Inheritance Taxes on Interstate Migration: The Holt and Shelton Analysis Revisited

The present study attempts to analyse the effect of capital gains and inheritance taxes on individual decisions to migrate. [NIPFP WP no. 81].

by Martin David | On 11 Oct 2013

Report of the Inter Ministerial Group on ICDS Restructuring

Recognizing that there are both programme design and programme implementation gaps in ICDS – the Report of the Inter Ministerial Group on ICDS Restructuring creates new paradigm both for “What” would...

by Planning Commission, India | On 27 Sep 2013

Measuring International Remittances in India: Concepts and Empirics

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

by Puja Guha | On 13 Sep 2013

Improving Public Financial Management in India: Opportunities to Move Forward

In recent years the role of a sound PFM system to achieve the objectives of fiscal discipline, strategic planning, and improved service delivery has been getting increasing public attention in India....

by Pratap Ranjan Jena | On 12 Sep 2013

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

For Love or Money? Motivating Workers

An analysis of the ability of employers to provide care and attention as a way to motivate their employees is done. Workers not only compare their wages, as pointed out in previous literature, but als...

by Saima Naeem | On 09 Aug 2013

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

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

by Kaivan Munshi | On 22 Jul 2013

Agrarian Distress and Rural Livelihoods: A Study in Upputhara Panchayat, Idukki District, Kerala

This study examines the impact of agrarian distress on the different socio-economic groups, the strategies of livelihood adopted by households and the local institution in shaping these strategies. Th...

by K.N. Nair | On 28 Jun 2013

Four Years of Progress: Bangladesh Marches On-Budget Speech 2013-14

Supplementary Budget for the fiscal year 2012-13 and the Budget Estimates for the fiscal year 2013-14. [http://www.mof.gov.bd/en/budget/13_14/budget_speech/speech_en.pdf].

by Abul Maal Abdul Muhith | On 07 Jun 2013

Issue of Declining Child Sex Ratio

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

by Anonymous | On 27 May 2013

Malnutrition in India & Steps Taken To Reduce It

According to Food Agriculture Organization (FAO) “The State of Food Insecurity in the World 2012” report, there is a reduction of 34.9 percent in prevalence of undernourishment from 1990-1992 to 2010-...

by Anonymous | On 27 May 2013

Profile of Out-of-School Children in the Philippines

The Philippines committed to Millennium Development Goals and Education for All (EFA) targets that include universal primary education. However, various data sources, including the Department of Educa...

by Jose Ramon G Albert | On 23 May 2013

Push and Pull Factors of Migration: A Case Study of Brick Kiln Migrant Workers in Punjab

The present study is concerned with the migrant who has changed his/her place of residence from a state other than Punjab and is working in brick-kiln industry as worker. [Repec]. URL:[http://mpra.ub...

by Gursharan Singh Kainth | On 15 Apr 2013

Promoting Democracy in Myanmar: Political Party Capacity Building

The importance of the political parties in Myanmar and their role as the creators of the future of the country. The course of the present developments relies on the ability of the political parties....

by Aung Aung (IR) | On 09 Apr 2013

Employment Effects of Low-Skilled Immigrants in Korea

This study examines the impact of inflows of foreign workers on Korean natives’ economic performance – namely, employment – through the Employment Permit System, the basis of Korea’s system by which...

by Jungho Kim | On 03 Apr 2013

Federal Budget Pakistan: 2012-13

Budget speech by Minister of Finance. [Ministry of Finance]. URL:[http://www.finance.gov.pk/budget/budget_Speech_12_13.pdf].

by Minister of Finance Pakistan | On 22 Mar 2013

The Securities and Exchange Board of India (Amendment) Bill, 2013

A bill further to amend the Securities and Exchange Board of India Act, 1992. [PRS]. URL:[http://www.prsindia.org/uploads/media//SEBI%20(A)%20Bill,%202013/The%20Securities%20and%20Exchange%20Board%20...

by Parliamentary Research Service PRS | On 19 Mar 2013

Repayment and Exclusion in a Microfinance Experiment

The experiment is designed to explore the effectiveness of such sanctions in improving repayment incentives. Groups of 10 members are provided with joint-liability loans for a specific investment pr...

by Jean Marie Baland | On 07 Mar 2013

Economic Survey 2012-13: A Comedy of Errors?

There is lack of clarity and concepts in the Economic Survey. The Survey has not covered many topics which it was expected to cover.

by Suryanarayana M H | On 02 Mar 2013

Target the Beneficiaries in the 2013-14 Budget

In spite of several programmes in the country to reduce undernutrition, India continues to have a large number malnourished women and children. In the coming Budget the government has to make some eff...

by Rudra Narayan Mishra | On 26 Feb 2013

Odisha Budget 2013-14: Part II General

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

by Government of Orissa | On 25 Feb 2013

An Investigation into Changes in Nagaland's Population between 1971 and 2011

Nagaland’s population decreased during 2001–11 after growing at abnormally high rates during the past few decades. This is the first time since independence that a state in India has witnessed an ab...

by Ankush Agrawal | On 21 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

Metabolism Of Mumbai- Expectations, Impasse and the Need For a New Beginning

As population and human activities expand they exert heavy environmental pressure through the resource requirement, their production and consumption. Hence, it is important to understand the resource...

by B. Sudhakara Reddy | On 12 Feb 2013

The Companies Bill, 2011: FIfty-Seventh Report

According to the Ministry of Corporate Affairs, most of the recommendations made by the Committee in their earlier Report (21st Report) on the Companies Bill, 2009 have been accepted by the Government...

by Lok Sabha Secretariat | On 12 Feb 2013

Standing Committee on Finance on Companies Bill

The Companies Bill, 2009 was introduced on August 3rd 2009. The Standing Committee presented its report on August 31st 2010. The central government withdrew this Bill in the winter session of 2011. I...

by Parliamentary Research Service PRS | On 11 Feb 2013

The Companies Bill, 2011

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

by Parliamentary Research Service PRS | On 11 Feb 2013

Economic Policies and Agricultural Incentives: The Philippine Case

The purpose of this paper is to analyze the impact of economic policies on Philippine agricultural incentives from 1960 up to 1992. Apart from economic policies affecting price incentives, cover publi...

by Cristina C. David | On 24 Jan 2013

Microfinance in Evolution: An Industry Between Crisis and Advancement

Following the international financial crisis that started in 2007, market growth and MFI performance started to deteriorate. Over the last decade the market has matured and become more efficient. Is...

by Cédric Lützenkirchen | On 14 Jan 2013

The Real Exchange Rate and Export Growth: Are Services Different?

The determinants of exports of services, distinguishing between modern and traditional services are considered. The growth of export volumes and so-called export surges – periods of rapid sustained...

by Barry Eichengreen | On 02 Jan 2013

Women Workers from Asia to Gulf: Its Outcomes

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

by R. S. Reshmi | On 24 Dec 2012

An Assessment of Livelihood and Educational Status of Sanitation Workers in Ahmedabad, Gujarat

This study was conducted in 25 neighborhoods and 5 zones of the Ahmedabad Municipal Corporation (AMC). A total of 50 sanitation workers were interviewed and through them the condition of their famil...

by Ashish Mishra | On 05 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

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

How Indian Voters Respond to Candidates with Criminal Charges: Evidence from the 2009 Lok Sabha Elections

What are the response of voters to candidates who have reported that they have criminal charges against them? A analysis within the framework of a simple analytical model which assumes that criminal c...

by Bhaskar Dutta | On 02 Nov 2012

Why was the Participation of Indian States in the Growth Turnaround so Patchy? Some Evidence Based on Robustness Analysis

In Ghate & Wright Journal of Development Economics, vol. 99 (2012) pp 58–67, it was noted that there was considerable variation in the extent to which different Indian states participated in the Gr...

by Chetan Ghate | On 02 Nov 2012

Poverty, Human Development and Health Financing in India

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

by Brijesh C Purohit | On 28 Sep 2012

On China’s Traditional Culture and Peaceful Development Strategy

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

by Wang Dewen | On 27 Sep 2012

The Heterogeneous Welfare Impacts of Participation in Contract Farming Schemes: Evidence from Southern India

The heterogeneity of welfare impacts of contract farming participation is demonstrated by estimating an endogenous switching model using survey data for 474 farmers in four commodity sectors, gherkin...

by Sudha Narayanan | On 06 Sep 2012

Japan’s Post-Triple-Disaster Growth Strategy

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

by Masahiro Kawai | On 24 Aug 2012

Deriving India’s Potential Growth from Theory and Structure

Estimates suggest that Indian aggregate supply is elastic but subject to upward shocks. If supply shocks make a high persistent contribution to inflation, it implies second round pass through is occu...

by Ashima Goyal | On 16 Aug 2012

Suicide and Property Rights in India

Is there an impact of female property rights on male and female suicide rates in India. Using state level variation in legal changes to women's property rights, it is shown that better property righ...

by Siwan Anderson | On 02 Aug 2012

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

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

by E Somanathan | On 25 Jul 2012

Raining problems

Recent history tells us that the growth rate of the economy does not automatically go up and down with good and bad monsoons. [BS Weekend Ruminations]. URL:[http://www.business-standard.com/india/news...

by T.N. Ninan | On 18 Jul 2012

New Thinking on Corporate Bond Market in India

What are major factors behind underdevelopment of corporate bond market in India? One of the major bottlenecks to the development of this market lies in relatively larger costs of financing which diss...

by Sanjay Banerji | On 17 Jul 2012

Review of Philippine Migration Laws and Regulations Gains, Gaps, Prospects

The Philippines has often been cited as the global model in managing international labor migration. Despite the complexity of our management infrastructure, however, some gaps still remain. This pap...

by Julyn S Ambito | On 12 Jul 2012

India's SEZ Policy

Over the last few decades India has emerged as an economic giant. In 2000 the Special Economic Zone (SEZs) policy became part of a strategy to maintain high growth and promote India’s manufacturing ...

by Ebba Mårtensson | On 11 Jul 2012

Intra- and Inter-national University-Industry Linkage and Innovation in Emerging Economies: Evidence from China

The different role of intra- and inter-national university-industry collaboration in industrial innovation in emerging economies are investigated. Based on a national firm-level survey database from...

by Xiaolan Fu | On 09 Jul 2012

School Libraries and Language Skills in Indian Primary Schools: A Randomized Evaluation of the Akshara Library Program

A randomized evaluation of a school library program on children’s language skills is conducted. The program had little impact on students’ scores on a language test administered 16 months after implem...

by Evan Borkum | On 09 Jul 2012

Nagaland's Demographic Somersault

This study examines the reliability of the Census of Nagaland between 1981 and 2011 by testing the internal consistency of Census population estimates. It also tries to validate the Census estimates...

by Ankush Agrawal | 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

Budget for Children in CM’s ‘Caring City’! A Brief analysis of the Delhi Budget 2012-13

Status of Children in India’s Capital. [HAQCRC]. URL:[http://www.haqcrc.org/sites/default/files/BfC%202012-13%20final.pdf].

by HAQ Centre for Child Rights HAQCRC | On 02 Jul 2012

The Impact of Indian Job Guarantee Scheme on Labor Market Outcomes: Evidence from a Natural Experiment

Public works programs, aimed at building a strong social safety net through redistribution of wealth and generation of meaningful employment, are becoming increasingly popular in developing countries....

by Mehtabul Azam | On 29 May 2012

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

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

by Nadeem Ul Haque | On 28 May 2012

Vital Stats: 60 Years of Parliament

On May 13, 2012 Parliament completes 60 years since its first sitting. To mark the occasion, a special sitting of both Houses has been organised on the day. Recently, there has been much public scru...

by Rohit Kumar | On 16 May 2012

Inter-Party Competition and Electoral Campaigning in Rural Malaysia: The Pendang and Anak Bukit By-Elections of 2002

The Pendang parliamentary and Anak Bukit by-elections for the Kedah state legislative assembly were among the most contentious of by-elections in recent Malaysian politics. Held simultaneously on 18...

by K Ramanathan | On 10 May 2012

Estimation of Capacity Utilisation in Indian Industries: Issues and Challenges

The estimation of capacity utilisation (CU) derives its significance from the fact that, if properly assessed, it may provide a reliable indication of incipient inflationary pressure in an economy. Me...

by Atri Mukherjee | On 09 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

Liberalisation of Technical Education in Kerala: Has a Significant Increase in Enrolment Translated Into Increase in Supply of Engineers?

Enrolments in engineering in Kerala increased from about 2800 in 1991 to about 28,000 in 2008. The study analyses whether this increase in potential supply of engineers has resulted in actual supply o...

by Sunil Mani | On 25 Apr 2012

Exports of Services: Indian Experience in Perspective

India’s experience with exporting services is examined. The country’s experience is distinctive in that services, especially modern tradable services, comprise a significantly larger share of GDP tha...

by Barry Eichengreen | On 23 Apr 2012

Measuring and Explaining the Asymmetry of Liquidity

This paper examines transactions costs in buying versus selling using a large database of snapshots of the limit order book. On the equity spot market, there is clear evidence of asymmetry in liquid...

by Rajat Tayal | On 19 Apr 2012

Labour Migration and Remittances in Uttarakhand

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

by Anmol Jain | On 18 Apr 2012

Brides for Sale: Cross-Border Marriages and Female Immigration

Every year, a large number of women immigrate as brides from developing countries to developed countries in East Asia. This phenomenon virtually did not exist in the early 1990s, but foreign brides...

by Daiji Kawaguchi | On 16 Apr 2012

Gujarat Budget 2012-13

Budget Speech by Minister of Finance. [Government of Gujarat]. URL:[http://financedepartment.gujarat.gov.in/budget12_13_pdf/FM_Speech_English_Part_A_Final.pdf].

by Ministry of Finance Government of Gujarat | On 12 Apr 2012

The Iban Population of Sarawak: 1947-2000

The paper gives an analysis and description of the quantity and quality of the Iban population of Sarawak. The information about the pattern and trends of change of the population over time is also sh...

by Lam Chee Kheung | On 09 Apr 2012

A Corporate Governance Index for Large Listed Companies in India

A Corporate Governance Index for 500 large listed Indian firms for the period from 2003 to 2008 is constructed. The index construction uses information on four important corporate governance mechan...

by Jayati Sarkar | On 04 Apr 2012

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

Parliamentary chutzpah

The poverty line deviates from the reality. The government's redefinition is a good thing, but the danger is it won't go far enough. [BS Weekend ruminations]. URL:[http://www.business-standard.com/ind...

by T.N. Ninan | On 27 Mar 2012

Maharashtra Budget Speech 2012-13: Part I

Budget for the year 2012-13. [Government of Maharashtra]. URL:[http://maharashtra.gov.in/pdf/english_speech_part_I.pdf].

by Maharashtra Government | On 27 Mar 2012

How Can Bill and Melinda Gates Increase Other People’s Donations to Fund Public Goods?

A simple theory is developed which formally describes how charities can resolve the information asymmetry problems faced by small donors by working with large donors to generate quality signals. To t...

by Dean Karlan | On 26 Mar 2012

The Conclusion of a Korean Peace Treaty and the U.S. Strategy in the Asia Pacific Region

The current century has witnessed every country locked in a hot race to increase its national power through peaceful development, which made Koreans ever more desirous of peace. But why has the Kore...

by Ho Hak Rim | On 20 Mar 2012

Health Care Financing Reforms in India

The transfer system in India is discussed and analyses expenditure needs of States to provide essential health infrastructure. It also analyzes the fiscal space for health care in terms of stimulati...

by M Govinda Rao | On 19 Mar 2012

NRHM, GOI, 2012-13

Using government data, this brief reports on NRHM expenditures along the following parameters: a) Overall trends in fund allocation and expenditure: GOI and States, b) Allocation and expenditure...

by Accountability Initiative | On 19 Mar 2012

Budget for Children (BfC) in the Union Budget 2012-13

What the Budget of India, 2012-13 has got for children? [HAQCRC]. URL:[http://www.haqcrc.org/sites/default/files/BfC%202012-13_0.pdf].

by HAQ Centre for Child Rights HAQCRC | On 19 Mar 2012

Close Eye or Closed Eye: The Case of Export Misinvoicing in Bangladesh

The effect of export subsidies on the under-invoicing of exports in Bangladesh is analyzed. In a framework that allows for unobserved heterogeneity among importing countries and product specificities,...

by Pranav Kumar Gupta | On 16 Mar 2012

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

The Age Distribution of Missing Women in India

Relative to developed countries, there are far fewer women than men in India. Estimates suggest that more than 25 million women are "missing". Sex selection at birth and the mistreatment of young g...

by Siwan Anderson | On 09 Mar 2012

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

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

by Najam us Saqib | On 09 Mar 2012

How has the Indian Corporate Sector Responded to Two Decades of Economic Reforms in India? An Exploration of Patterns and Trends

In the context of various policy initiatives made during the last two decades to reform the Indian economy in general and corporate sector in particular, the present paper attempts to assess how the...

by Rakesh Basant | On 07 Mar 2012

Issues and Challenges with the Philippines' Public Corporate Sector

Government-ownedand- controlled corporations were initially created as solutions to market imperfections. It is ironic therefore, that in recent years, they have come to be seen as problems t...

by Senate Economic Planning Office SEPO | On 06 Mar 2012

Socioeconomic Factors and All Cause and Cause-Specific Mortality among Older People in Latin America, India, and China: A Population-Based Cohort Study

The vital status of 12,373 people aged 65 years and over was determined 3–5 years after baseline survey in sites in Latin America, India, and China. Crude and standardised mortality rates are reporte...

by Cleusa P Ferri | On 05 Mar 2012

The End of the “Liberal Theory of History”? Dissecting the U.S. Congress’ Discourse on China’s Currency Policy

In the last ten years, economic issues related to currency policy have become the major ongoing dispute between China and the U.S. Especially the U.S. Congress is stridently demanding a tougher poli...

by Nicola Nymalm | On 01 Mar 2012

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

Sri Lanka Budget Speech 2012

Budget speech 2012.

by Mahinda Rajapaksa | On 24 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

Foundations of Collective Action in Asia: Theory and Practice of Regional Cooperation

This paper argues that the collective action in Asia by its regional organizations has historically suffered from a “capability–legitimacy gap”: a disjuncture between the capability (in terms of mat...

by Amitav Acharya | On 17 Feb 2012

Myanmar Economy: A Comparative View

A stated objective of Myanmar is to become a modern developed nation that will stand shoulder to shoulder – proud, dignified and tall – with the countries of the world. How far has Myanmar come in a...

by U Myint | On 15 Feb 2012

Health Education

There is an uneven geographical distribution of health workers. The shortage of health workers is compounded by the fact that their skills, competencies, clinical experience, and expectations are ofte...

by Nandini Dube | On 14 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

Causal Relationship between Saving, Investment and Economic Growth for India – What does the Relation Imply?

This study investigates the relationship between saving, investment and economic growth for India over the period 1950-51 to 2007-08. The literature on the role of saving in promoting economic growt...

by Ramesh Jangili | On 09 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

Human Rights in Malaysia: Challenges and Constraints in the Malaysian Context

The paper discusses some of the main human rights areas of concern within Malaysia, over the years. [Working Paper Series No. 12]. URL:[http://www.ieas.unimas.my/images/stories/hirmanritom.pdf].

by Mohammad Hirman Ritom Abdullah | On 07 Feb 2012

Foreign R&D Centres in India: An Analysis of their Size, Structure and Implications

The study measures the contribution of MNCs to the generation of innovations from India. The focus is on innovations that are carried out in foreign R&D Centres. After having mapped out the size of...

by Rakesh Basant | On 06 Feb 2012

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

International Competitive Strategy Choices: Comparing Firms in China and India

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

by Ping Lv | On 02 Feb 2012

Inflation in Nepal

A large number of studies in Nepal have been conducted to identify the factors responsible for inflation based on the different theories of inflation. Although these studies provide insight into the...

by Nepal Rastra Bank Research Department NRB | On 02 Feb 2012

Fiscal Policy in India: Trends and Trajectory

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

by Supriyo De | On 31 Jan 2012

“Reserve Bank of India Post-Policy Conference Call”

RBI Governor D. Subbarao answering to researchers after publishing the monetary policy. [RBI]. URL:[http://rbidocs.rbi.org.in/rdocs/Content/PDFs/RBIRA27012012.pdf]

by Reserve Bank of India RBI | On 30 Jan 2012

A Study on Emigration Attitudes of Young Singaporeans (2010)

The study examines the intention to work abroad based on a representative sample of young Singaporeans residing in the city-state. Two thousand and thirteen Singaporeans between the age of 19 to 30 ye...

by Leong Chan Hoong | On 27 Jan 2012

K to 12: The Key to Quality Education?

The continuous deterioration of the quality of education in the Philippines has prompted the DepEd to push for the implementation of the K to 12 program, which entails the institutionalization...

by Senate Economic Planning Office SEPO | On 23 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

Stop the 'Chindia' talk

While studying the economic growth of the two rising giants of Asia (India and China) it is seen that India is far behind China in many aspects. URL:[http://www.business-standard.com/india/news/t-n-ni...

by T.N. Ninan | On 23 Jan 2012

Wage Coordination and the Welfare State: Germany and Japan Compared

The German and Japanese welfare state differ from each other in almost all dimensions. The essay reaches the conclusion that there is indeed ample evidence that both the German and the Japanese welfar...

by Philip Manow | On 19 Jan 2012

Can Lease Hold Forestry in Nepal Benefit People and the Environment?

In Nepal an innovative form of forestry management, known as the Leasehold Forestry (LHF) Programme, is being introduced to protect forest land and help it regenerate. A new SANDEE study analyzes th...

by South Asian Network for Development SANDEE | On 10 Jan 2012

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

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

by Syed Ozair Ali | On 05 Jan 2012

Strengthening Banking Regulation: Amending the BSP Charter

This Policy Brief discusses the proposed amendments to Republic Act No. 7653 (RA 7653). The first part briefly presents the mandate of the Bangko Sentral ng Pilipinas (BSP). It then describes the fi...

by Senate Economic Planning Office SEPO | On 29 Dec 2011

The 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

Leveraging Environment and Climate Change Initiatives for Corporate Excellence

The paper reviews selected initiatives taken by Asian countries to comply with emerging global sustainability standards, reporting, and management systems, and tracks the response of Asian businesses...

by Venkatachalam Anbumozhi | On 26 Dec 2011

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

This paper proposes to redefine food security in terms of protecting vulnerable populations from the structural violence of involuntary hunger. [NTS-Asia Research Paper No.6]. URL:[http://www.rsis.edu...

by Ben Shepherd | On 23 Dec 2011

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

Union Power November 2011

The three year journey of the G-20 Heads of Government Summit from Washington in 2008 to Paris this November is signified by two markers of the depth of the global capitalist crisis. First, that the c...

by Louise Ross | On 14 Dec 2011

Where Socrates Fears to Tread……

Review of the book 'Social Income and Insecurity: A Study in Gujarat' by Guy Standing, Jeemol Unni, Renana Jhabvala, and Uma Rani Routledge India, 2010 216 pages.

by N. Vijayamohanan Pillai | 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

Report Summary: Standing Committee on Commerce Report on FDI in Retail Sector (June 2009)

The Parliamentary Standing Committee on Commerce examined the subject of Foreign and Domestic Investment in the Retail sector beginning April 5, 2007 under the chairmanship of Dr. Murli Manohar Joshi....

by Anirudh Burman | On 05 Dec 2011

Monetary and Fiscal Policy in the Presence of Informal Labour Markets

How does informality in emerging economies affect the conduct of monetary and fiscal policy? To answer this question two-sector, formal-informal new Keynesian closed-economy is constructed. The inf...

by Nicoletta Batini | On 02 Dec 2011

Legislative Brief: The Pension Fund Regulatory and Development Authority Bill, 2011

The Pension Fund Regulatory and Development Authority Bill, 2011 was introduced in the Lok Sabha by Mr. Pranab Mukherjee, Minister for Finance on March 24, 2011. The Bill was referred to the St...

by M. R. Madhavan | On 01 Dec 2011

Rejigging the Elephant Dance

India's development challenges. The India growth story was thrown off track by the global financial crisis which engulfed virtually every country in the world. We recovered from the crisis sooner than...

by Duvvuri Subbarao | On 30 Nov 2011

Impact of the Retail FDI Policy on Indian Consumers and the Way Forward

This paper analyses the impact of the retail FDI policy on Indian consumers and make policy recommendations for the Indian government. Based on a primary survey of Indian consumers, the paper examines...

by Arpita Mukherjee | On 28 Nov 2011

An Estimated DSGE Model of the Indian Economy

A closed model DSGE model of the Indian economy is developed and it is estimated by Bayesian Maximum Likelihood methods using Dynare. A model is build up in stages to with a number of features impo...

by Vasco Gabriel | On 28 Nov 2011

Geographical Agglomeration of Indian and Chinese Multinationals in Europe: A Comparative Analysis (Preliminary version)

The outward FDI from emerging economies to developed countries is of great interest to international business researchers and policy makers, also with regard to their location and sectoral patterns....

by Haiyan Zhang | On 21 Nov 2011

India’s Agricultural Development under the New Economic Regime: Policy Perspective and Strategy for the 12th Five Year Plan

The Eleventh Plan, which had attempted to reverse deceleration of agricultural growth during the Ninth and Tenth Plan, had some success in as foodgrains production has touched a new peak of 241.56 m...

by Vijay Paul Sharma | 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

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

Monetary Operating Procedures: Principles and the Indian process

As markets deepen and interest elasticities increase it is optimal for emerging markets to shift towards an interest rate instrument since continuing monetization of the economy implies money demand...

by Ashima Goyal | On 04 Nov 2011

German Companies Engaging in China: Decision-Making Processes at Home and Management Practices in Chinese Subsidiaries

This paper attempts to explain why internationalization processes to China are growing despite the significant difficulties that foreign direct investments into China encounter. The answer to this q...

by Geny Piotti | On 04 Nov 2011

The Financial Accelerator: An Emerging Market Story

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

by Shah Hussein | On 03 Nov 2011

Emigration of Women Domestic Workers from Kerala: Gender, State Policy and the Politics of Movement

Restrictions imposed by the Government of India on the emigration of women in ‘unskilled’ categories such as domestic work are framed as measures intended to protect women from exploitation. Specia...

by Praveena Kodoth | On 24 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

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

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

by Karunagaran A | On 17 Oct 2011

From Monasteries to Multinationals (and Back): A Historical Review of the Beer Economy

This article reviews beer production, consumption and the industrial organization of breweries throughout history. Monasteries were the centers of the beer economy in the early Middle Ages. Innovation...

by Eline Poelmans | On 14 Oct 2011

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

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

by Abhijit Das | On 13 Oct 2011

Populations at Risk: Other End of Youth Bulge

While there is much written on the youth bulge in developing countries, little is being done to address the problems of the elderly. And yet demographically, it is this section that is showing high gr...

by Lakshmi Priya | On 10 Oct 2011

Competition for Foreign Capital: Endogenous Objective, Public Investment and Tax

In this paper the objective functions of the regions as well as their decision to provide public investment are endogenized in a model of competition for foreign owned mobile capital. It is demonstra...

by Rupayan Pal | On 04 Oct 2011

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

History of Monetary Policy in India since Independence

An SIIO paradigm, based on structure and ideas that become engraved in institutions and affect outcomes, is developed to examine and assesses monetary policy in India after independence. Narrative h...

by Ashima Goyal | On 16 Sep 2011

Faster, Sustainable and More Inclusive Growth: An Approach to the 12th Five Year Plan

In preparing the Approach Paper, the Planning Commission has consulted much more widely than ever before recognising the fact that citizens are now much better informed and also keen to engage. Over...

by Planning Commission, India | On 12 Sep 2011

Trans-border Identities: (A Study on the Impact of Bangladeshi and Nepali Migration to India)

This paper deals with migration into India from adjoining neighbours and its impact on security and other issues of national interest. Unlike other studies on migration, it focuses on the ethnic ident...

by Subhakanta Behera | On 26 Aug 2011

Indian Social Democracy: The Resource Perspective

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

by P.V. Srinivasan | On 24 Aug 2011

Predicting Recessions and Slowdowns: A Robust Approach

This paper defines business and growth rate cycles and describes the importance of key coincident indicators and reference chronologies, following reflections on the definition of a recession. The rob...

by Pami Dua | On 18 Aug 2011

Foreign Direct Investment and Technology Spillover: An Evaluation Across Different Clusters in India

The paper attempts to explore the technology spillover effects of Foreign Direct Investment (FDI) in Indian manufacturing industries across different selected clusters in India. To measure the spillov...

by Pami Dua | On 12 Aug 2011

Bond Market Development in Asia: An Empirical Analysis of Major Determinants

This study attempts to identity the major determinants of bond market development in Asian economies, through examining its relationship with selected key financial and economic factors, and to provid...

by Biswa Nath Bhattacharyay | On 10 Aug 2011

Indian Education System – Issues and Challenges

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

by Chakrabarty K C | On 10 Aug 2011

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

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

by Dhritidyuti Bose | On 08 Aug 2011

Efficiency and Productivity Growth in Indian Banking

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

by S S Rajan | On 03 Aug 2011

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

India’s Low Carbon Inclusive Growth Strategy

This paper reviews India.s low-carbon high growth inclusive policy initiatives, comments on their financial sustainability and environmental sustainability and suggests desirable changes. The focus...

by U. Sankar | On 29 Jul 2011

Recent Employment Situation and Labor Market Developments in Bangladesh

This note examines recent trends in the labor market and employment situation in Bangladesh and draws some policy implications keeping the poverty reduction imperatives in view. [BB PP No. 0807]. URL:...

by Md. Habibur Rahman | On 26 Jul 2011

Provisional Population Totals: Rural Urban Distribution India: Series I

The rural-urban distribution of the population is shown. URL:[http://censusindia.gov.in/2011-prov-results/paper2/data_files/india/paper2_1.pdf].

by | On 21 Jul 2011

A Voice for the Voiceless: Peer-to-peer Mobile Phone Networks for a Community Radio Service

A new application for mobile ad-hoc networks (MANETs) – community radio is proposed. How MANETS help overcome important limitations in how community radio is currently operationalized is shown here. A...

by Kavitha Ranganathan | On 19 Jul 2011

Report of the Two Day Consultation on Access to Health Care of Vulnerable Groups in Mumbai

The two day consultation on access to health care of vulnerable groups in Mumbai was organised by the Mumbai chapter JSA. Vulnerable groups taken are people living in institutions, queer women, sex...

by Jan Swasthya Abhiyan | On 08 Jul 2011

Board Interlocks and Their Impact on Corporate Governance: The Indian Experience - Coping with Corporate Cholesterol

Board interlocks and corporate elites are an engaging field of ongoing academic and policy research around the world, especially because of the concentration of economic power in few individuals or en...

by Bala N Balasubramanian | On 08 Jul 2011

Understanding Foreign Direct Investment in East Asia

The authors recount East Asia's experience with foreign direct investment (FDI). They document that, contrary to the Rybczynski theorem, capital flows in the region cause the host country's labor-inte...

by Willem Thorbecke | On 04 Jul 2011

Report of Fact-finding Team on Threat of Displacement of Naga River Village [Kabo Leikai], Imphal

National Integration Council member and Secretary General of All India Christian Council, Dr. John Dayal appeals Indian National Congress President Mrs Sonia Gandhi to intervene Manipur government’s t...

by All India Christian Council | On 04 Jul 2011

The Effect of Exchange Rate Changes on Trade in East Asia

This paper considers how exchange rates affect East Asian trade. The evidence indicates that exports produced within regional production networks depend on exchange rates throughout the region while l...

by Willem Thorbecke | On 01 Jul 2011

Strategies for the Replication of Urban Environmental Innovations – A Case of Community-based Decentralized Composting in Dhaka

Traditionally sanitary services are provided by the State or State owned bodies. However, with the ever increasing population and waste generation rates coupled with lack of financial resources and in...

by Sudhakar Yedla | On 27 Jun 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

Incidence and Performance Effects of Interlocking Directorates in Emerging Market Business Groups: Evidence From India

The phenomenon of interlocking directorates is widespread among corporate across the world. This paper studies the structure and extent of interlocking directorates within Indian business groups and ...

by Bikram De | 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

The Wide Angle: The End of Population Growth

The the population dynamics of the 21st century is shown here.

by Sanjeev Sanyal | On 21 Jun 2011

Challenges and Opportunities in a Trillion Dollar Economy

The Indian economy reached the trillion US dollar GDP milestone in 2007 and joined other countries of the trillion dollar club, namely, the US, UK, Japan, Germany, China, France, Italy, Spain, Canada,...

by Chakrabarty K C | On 21 Jun 2011

Diversification in Rural Livelihood Strategies: A Macro-Level Evidence from Jammu and Kashmir

The paper attempts to understand broadly the dynamics of rural livelihood diversification in the state of Jammu and Kashmir. This paper also throws up some issues, which one can delineate at micro-lev...

by Rajeev Sharma | On 20 Jun 2011

Book Review: Empowering Human Capital though Education

Education for Sustainable Development: Challenges, Strategies and Practices in a Globalizing World, Edited by Nikolopoulou, Anastasia, Taisha Abraham and Farid Mirbagheri, Sage, Publications Pvt. Ltd,...

by Lakshmi Narayanan | On 15 Jun 2011

Frontier Issues on the Global Agenda- Emerging Economy Perspective

The article is a report of RBI Minister Duvvuri Subbarao on issuesing concerning the G-20 countries and also issues effecting all the countries collectively.

by Duvvuri Subbarao | On 13 Jun 2011

Book Review: CSR: A Profitable Concept

Review of Corporate Social Responsibility: Past, Present and Future by Sanjay Kumar Panda; The Icfai University Press; 373pp, 2008.

by Subhash Mohanti | On 12 Jun 2011

Aggregate Net Financial Flows to India: The Relative Importance of Private Loan vis-a-vis Foreign Direct Investments

In recent years perhaps in a un-precendented fashion development relating to India's external sector have captured the undivided attention of domestic as well as foreign observers. In India considerab...

by Sunil Mani | On 03 Jun 2011

Globalization Crises, Trade, and Development in Vietnam

Vietnam has been among the most successful East Asian economies, especially in weathering the external shocks of recent globalization crises—the 1997-98 Asian financial crisis and the 2008-09 great...

by Philip Abbott | On 02 Jun 2011

Aid Supplies Over Time: Accounting for Heterogeneity, Trends, and Dynamics

The recent financial crisis has rekindled interest in the foreign aid supply behaviour of bilateral donors. Using the latest data covering the period 1960-2009, this paper examines how such behaviou...

by Sam Jones | On 01 Jun 2011

Thailand’s Development Strategy and Growth Performance

Thailand’s development strategy has been strongly market-oriented and open to trade and investment flows with the rest of the world. Since the late 1950s, its growth performance has been outstanding...

by Peter Warr | On 31 May 2011

Hong Kong’s Linked Exchange Rate System

Hong Kong has had a linked exchange rate regime of one kind or another for most of its history as a trading and financial centre. In 1863 the Hong Kong Government declared the silver dollar – then a...

by Hong Kong Monetary Authority | On 27 May 2011

Monetary Policy and Credit Demand in India and Some EMEs

Impact of changes in policy rate of interest on demand for bank credit is examined for seven emerging market economies including India for the period 2002 to 2010. Panel data techniques are used after...

by B L Pandit | On 24 May 2011

Youth and Globalisation

This paper presents the proceedings of the workshop on Youth and Globalisation, jointly organized by Rajiv Gandhi Institute of Youth Development, and the Tata Institute of Social Sciences. There were...

by Rajiv Gandhi National Institute of Youth Development | On 20 May 2011

Business Group Ownership of Banks: Issues and Implications

This paper introduces the phenomenon of business groups in the theory of financial intermediation by banks, developed by Diamond (1984) with a view to analyzing their impact on the result of finan...

by Ashish Taru Deb | On 19 May 2011

The Consolidated Medium-Term Income and Expenditure Framework: Prepared by the Finance Department and the Office of Budget and Planning

This paper updates the Fund’s consolidated income and expenditure outlook from the projections in January 2011. The paper incorporates and extends the income and budget projections in the companion...

by International Monetary Fund | On 13 May 2011

A Floating versus Managed Exchange Rate Regime in a DSGE Model of India

In this paper the authors first develop a two-bloc model of an emerging open economy interacting with the rest of the world calibrated using Indian and US data. The model features a fina...

by Nicoletta Batini | On 11 May 2011

Corporate Social Responsibility Redefined: A Case Study from an Educational Institution

An essential component of corporate social responsibility is to care for the community - an endeavor to make a positive contribution to the community by supporting a wide range of socio-economic, educ...

by S. Kumudhavalli | On 09 May 2011

Who Cares about the Chinese Yuan?

The rise of China in the world economy and in international trade has raised the possibility of a rise of the Yuan as an international currency, particularly after the Chinese authorities have under...

by Vimal Balasubramaniam | On 05 May 2011

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

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

by Mani Nepal | On 05 May 2011

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

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

by Berkeley Media Studies Group | On 02 May 2011

Deregulation of Savings Bank Deposit Interest Rate: A Discussion Paper

The paper is an attempt to deal with pros and cons of deregulating savings deposit interest rate and take on board the suggestions of various stakeholders for either maintaining the status quo or dere...

by Reserve Bank of India RBI | On 02 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

Did the Indian Capital Controls Work as a Tool of Macroeconomic Policy?

In 2010 and 2011, there has been a fresh wave of interest in cap- ital controls. India is one of the few large countries with a complex system of capital controls, and hence others an opportunity to...

by Ila Patnaik | On 21 Apr 2011

National Youth Policy 2010 (NYP 2010)

The NYP 2010 is a step forward from the earlier Policy formulated in 1988 and, later, in 2003. It reaffirms commitment of the nation to the holistic development of the young people of the country....

by Ministry of Youth and Sports Affairs YAS | On 19 Apr 2011

Short Duration Migration in India: An Appraisal from Census 2001

This paper tries to focus on the method to assess the magnitude of short/seasonal migration based on its broad characteristics. It attempts to analyse the contrasting characteristics of short durat...

by Vijay Korra | On 18 Apr 2011

Financial Regulatory Harmonization in East Asia: Balancing Domestic and International Pressures for Corporate Governance Reforms

Focusing on corporate governance, which many see as a critical part of the 1997 Asian financial crisis, and which is also seen as unresponsive to calls for change, this paper argues that such harmoniz...

by Richard W Carney | On 12 Apr 2011

How to Read the Budget

This note is intended as a brief guide on how the budget papers are organised, and how to find the exact information that a reader wants (expenditure on a particular scheme of interest, or total budge...

by Avinash Celestine | On 12 Apr 2011

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

Financing Pattern of Indian Corporate Sector Under Libaralisation: With Focus on Acquiring Firms Abroad

An attempt has been made in this paper to analyse the financing pattern of Indian corporate sector during 1990-2009. This paper further seeks to identify the pattern of resource mobilisation of Ind...

by P L Beena | On 08 Apr 2011

Presentation - Managing Foreign Exchange Reserves During and After the Crisis

This presentation was given at the Managing Foreign Exchange Reserves in the Crisis and After Seminar by Robert N. McCauley, which was held in Tokyo, Japan on 15 March 2011. URL: [http://www.adbi.org/...

by Robert N. McCauley | On 06 Apr 2011

Request for Proposal for Selection of Consulting Agency

This paper presents a Solution Approach for Integrated Financial and Human Resource Management Systems for Government of Haryana. URL: [http://www.haryana.gov.in/misc/RFP_eGov_Consultant_IFMS_and_HRM...

by Government of Haryana | On 30 Mar 2011

Potential Role in Corporate Governance by Employees of Asian Enterprises

Large publicly-held corporations or business groups in developing Asian economies are typically controlled (and managed) by families, and tend to suffer from poor corporate governance. Even though s...

by Sang-Woo Nam | On 29 Mar 2011

Locational Determinants of Acquisitions from China and India:The Role of Human Capital

MNEs are increasingly seeking to augment, as well as exploit, their global competitive advantage. Foreign direct investments are being directed to augmenting the competitive ownership specific...

by De Beule Filip | On 23 Mar 2011

Union-Firm Bargaining Under Alternative Pay Schemes: Does Performance Related Pay Fair Better?

This paper compares and contrasts equilibrium outcomes under right-to-manage bargaining (RTM) and efficient bargaining (EB) corresponding to two alternative pay schemes, fixed wage vis-a-vis piece-r...

by Rupayan Pal | On 22 Mar 2011

Foreign Direct Investment in East Asia and Latin America: Is there a People’s Republic of China Effect?

In recent years, the People’s Republic of China (PRC) has emerged as the world’s largest recipient of foreign direct investment (FDI). Many analysts and government officials in the developing world...

by Busakorn Chantasasawat | On 22 Mar 2011

Link between Exporting and Productivity: Firm Level analysis for Indian Chemical Industry

The objective of the paper is to test the empirical regularity that exporters are more productive than non-exporters in India. TFP is calculated from the Cobb-Douglas Production function using a fixe...

by Vinish Kathuria | On 21 Mar 2011

Relationship Banking and Its Role in Corporate Governance

Bank-based systems of corporate governance are certainly an alternative in many Asian economies. In spite of the great efforts directed to strengthening corporate governance along the Anglo- America...

by Sang-Woo Nam | On 18 Mar 2011

Strategies and Recommendations for River Basin Management in Tungabhadra

In the Tungabhadra sub basin (TBSB), Integrated Water Resource Management (IWRM) is currently seen in a number of smaller initiatives at local scale. The concept of integration is new in water secto...

by Institute for Social and Economic Change | On 17 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

Stimulus, Recovery and Exit Policy G20 Experience and Indian Strategy

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

by Sudipto Mundle | On 14 Mar 2011

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

Future Role of Foreign Banks in Asia

Although the Asian Crisis has brought consensus on the necessity of strong domestic financial systems, there is less agreement as to the role of foreign banks in achieving the goals of economic grow...

by Heather Montgomery | On 10 Mar 2011

Survey of Corporate Governance Practices in Indonesia, Thailand and Korea

Poor corporate governance is viewed as one of the structural weaknesses responsible for the outbreak of the Asian crisis in late 1997. Controlling family owners could pursue private interests with r...

by Sang-Woo Nam | On 09 Mar 2011

Round-Tripping Foreign Direct Investment in the People’s Republic of China

There is no doubt that part of foreign direct investment (FDI) inflows to the People’s Republic of China (PRC) FDI belongs to the return of Chinese capital that has gone abroad. The World Bank and o...

by Xiao Geng | On 08 Mar 2011

Failed States, Vicious Cycles, and a Proposal

The problems of failed states, including the repeated return to power of former warlords are examined. It is argued that this causes institutions to become weaker and people to get poorer. It is argue...

by Raghuram G. Rajan | On 04 Mar 2011

Governance in Indonesia:Some Comments

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

by Peter McCawley | On 03 Mar 2011

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

Integrated Disease Surveillance Project (IDSP): Non-Communicable Disease Risk Factors Survey

The overall objective of the Non-Communicable Disease (NCD) risk factors survey was to improve the information available to the Government health services and care providers on a set of high-priority...

by Ministry of Health and Family Welfare H & FW | On 24 Feb 2011

Profitability of Foreign Banks vis-à-vis Other Bank Groups in India – A Panel Data Analysis

The paper analysed the financial performance of foreign banks in comparison with other bank groups in India. The study assumes importance in the context of the on-going preparation of roadmap for th...

by P B Rakhe | On 22 Feb 2011

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 Social Democracy:The Resource perspective

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

by Vijay Kelkar | On 17 Feb 2011

Mixed Duopoly and Environment

They show under general demand and cost conditions that in a mixed duopoly with pollution the government can (and will) implement the socially optimal outputs and abatements by a tax-subsidy scheme...

by Rupayan Pal | On 16 Feb 2011

The Economics of Climate Change Adaptation in India – Research and Policy Challenges Ahead

The failure of the Climate Summit in Copenhagen in December 2009 emphasized the limitations of greenhouse gas (GHG) mitigation as a singular policy response to climate change and highlighted the ur...

by South Asian Network for Development and Environmen Economics | On 15 Feb 2011

Sustainability of External Development Financing to Developing Countries

External development finance consists of those foreign sources of funds that promote or at least have the potential to promote development in the destination countries if delivered in the appropriate...

by Matthew Odedokun | On 14 Feb 2011

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

Reforming the Indian Financial System

The key features of Indian finance is summarised. With a growing savings rate and a growing share of private corporate capital forma- tion, and with a high growth rate of GDP, Indian finance is rapi...

by Ajay Shah | On 03 Feb 2011

Bright Lines, Risk Beliefs, and Risk Avoidance: Evidence from a Randomized Experiment in Bangladesh

43 villages in Bangladesh were randomized to receive information on well-water arsenic that emphasized water safety relative to the national standard (bright-line message) or provided additional infor...

by Lori Bennear | On 02 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

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

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

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

Singapore's Exchange Rate-Based Monetary Policy: A Critical Evaluation

The exchange rate-based monetary policy followed by the Monetary Authority of Singapore (MAS) is outlined. Possible theoretical frameworks, including a reaction function is outlined. The way the MAS h...

by Partha Sen | On 31 Jan 2011

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

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

by Reserve Bank of India | On 30 Jan 2011

The United Arab Emirates: Some Lessons in Economic Development

Oil was discovered in the United Arab Emirates (UAE) just 50 years ago. During that time, UAE has been able to transform itself into a rapidly modernizing country, which is fast becoming a major e...

by Yaw Nyarko | On 27 Jan 2011

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

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

by Haider A. Khan | On 27 Jan 2011

Presence of Foreign Banks in India

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

by Reserve Bank of India | On 26 Jan 2011

Safe Motherhood Promotion Project in Narsingdi District: Baseline Survey 2006

Keeping pace with the national strategies for improving maternal, neonatal and child health, the Japan International Cooperation Agency (JICA) is going to initiate a 4-year Safe Motherhood Promotion P...

by Hashima-e- Nasreen | On 20 Jan 2011

Beacon of Hope: An Impact Assessment Study of BRAC’s Rural Development Programme

The impact assessment methodology was constructed on the basis of a set of hypotheses, and incorporated a set of key indicators of impact. The IAS hypothised that various non-RDP factors are likely to...

by Shams Mustafa | On 19 Jan 2011

On the Causal Links between FDI and Growth in Developing Countries

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

by Henrik Hansen | On 18 Jan 2011

Income-based Measures of Average Well-being

International comparisons of average national incomes omit important information about leisure, home production, health, etc. They are also bedevilled by index number problems. This paper suggests...

by Steve Dowrick | On 17 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

Using formative research to develop MNCH programme in urban slums in Bangladesh: experiences from MANOSHI, BRAC

MANOSHI, an integrated community-based package of essential Maternal, Neonatal and Child Health (MNCH) services is being implemented by BRAC in the urban slums of Bangladesh since 2007. The objective...

by Syed Masud Ahmed | 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

Intersociety Literacy Comparisons

Basu and Foster (1998) characterized a sophisticated literacy measure using five axioms. In this paper they argue that if a measure satisfies three of their five axioms, namely, anonymity, monoton...

by Satya R. Chakravarty | On 05 Jan 2011

Transforming Conflict with an Economic Dividend: The Sri Lankan Experience

Peace can generate an economic dividend, which can be further increased by appropriate economic reform. This dividend can in turn be used to raise popular support for conflict resolution measures...

by Saman Kelegama | On 31 Dec 2010

Toward the Enhanced Effectiveness of Foreign Aid

At the very time that professional skepticism concerning the effectiveness of foreign aid has reached new heights, donors seem to be ready to substantially increase the volume of aid they are will...

by Gustav Ranis | On 30 Dec 2010

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

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

by Hassan Zaman | On 28 Dec 2010

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

Cash on Delivery: A New Approach to Foreign Aid

Foreign aid often works, but it is often criticized for being ineffective or even for undermining progress in developing countries. This brief describes a new approach, Cash on Delivery Aid, which...

by Nancy Birdsall | On 13 Dec 2010

Aid and Development Policy in the 1990s

The 1990s will be the first decade after the revolutionary upheavals in the world economic and political system following the collapse of the Soviet Union and the end of the Cold War. Democracy ha...

by Arjun Sengupta | 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

More than Money: Impact Investing for Development

Much of development policy is geared toward increasing investment and creating the conditions that allow private capital flows to take the place of development assistance. The renowned development s...

by John Simon | On 10 Dec 2010

Commitment to Development Index 2010

The Commitment to Development Index (CDI) ranks 22 of the world’s richest countries on their dedication to policies that benefit the five billion people living in poorer nations. Moving beyond standar...

by David Roodman | On 29 Nov 2010

The Composition of Aid and the Fiscal Sector in an Aid-Recipient Economy: A Model

Building on recent work in the fiscal response literature, the present paper develops a new fiscal response model, which, for the first time in the relevant literature, combines the ideas of both en...

by George Mavrotas | On 24 Nov 2010

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

The Causal Relationship between Information and Communication Technology and Foreign Direct Investment

This paper investigates the simultaneous causal relationship between investments in information and communication technology (ICT) and foreign direct investment (FDI), with reference to its implica...

by Roghieh Gholami | On 22 Nov 2010

Nature and Characteristics of Seasonal Labour Migration : A Case Study in Mahabubnagar District of Andhra Pradesh

In India, migration from rural areas is an important issue that is gaining more significance year after year. Moreover, the extent, nature, characteristics and pattern of migration have been evolvin...

by Vijay Korra | On 17 Nov 2010

Foreign Shareholding: A Decomposition Analysis

A decomposition in the ownership of shares by foreigners is offered into three parts: the change in insider shareholding, the change in market capitalisation and the change in the fraction of outsi...

by Ajay Shah | On 16 Nov 2010

Determinants of Fixed Investment:A Study of Indian Private Corporate Manufacturing Sector

This paper analyses the determinants of fixed investment in the Indian Private Corporate Manufacturing sector for the period 1973-2002, using Annual Survey of Industries Data. It is argued that econ...

by V.R. Prabhakaran Nair | On 16 Nov 2010

Induced Abortion Potential Among Indian Women

Information on abortion is limited and inaccurate especially in the developing world, which has led to several speculations on the prevalence of abortion in this region. A rise in prevalence of abor...

by Udaya S Mishra | On 12 Nov 2010

Frontline pay-off

The general assumption in New Delhi’s “strategic community” is that it is in India’s interest for Americans troops to stay on in Kabul. The theory is that the US is doing the hard work that is beyond...

by T.N. Ninan | On 11 Nov 2010

The Yuan’s Exchange Rates and Pass-through Effects on the Prices of Japanese and US Imports

This paper estimated the pass-through effects of yuan’s exchange rates on prices of the US and Japanese imports from the People’s Republic of China (PRC). Empirical results show that, a 1% nominal app...

by Yuqing Xing | On 04 Nov 2010

Incarnating into Cross-Cultural Values: An Effective way to Deliver Experiences

The present paper examines the cultural orientation of foreign students who secured admission in Osmania University (Andhra Pradesh, India) in terms of time orientation and event orientation, dichot...

by S. V. Satyanarayana | On 03 Nov 2010

Human Capital and Manufacturing Productivity Growth in India

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

by Vinish Kathuria | On 02 Nov 2010

Auditor and Audit Committee Independence in India

This article reviews the regulations and governance reforms carried out in India with respect to auditor and audit committee independence. In doing so it critically compares them with the regulations...

by Jayati Sarkar | On 02 Nov 2010

The Challenges Posed by Globalization for Economic Liberalization inTwo Asian Transitional Countries: Laos and Vietnam

This paper examines the impact of globalization on two transitional economies in Asia. Both countries have undergone a radical economic reform process over the past decade, assisted by increases in...

by Nick. J Freeman | On 01 Nov 2010

Macroeconomic Impacts of Foreign Exchange Reserve Accumulation: Theory and International Evidence

Recently, a dramatic accumulation in foreign exchange reserves has been widely observed in developing countries. This paper explores the possible long-run impacts of this trend on macroeconomic variab...

by Shin-ichi Fukuda | On 01 Nov 2010

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

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

by Siew Yean Tham | On 29 Oct 2010

Towards Understanding the Merger-Wave in the Indian Corporate Sector: A Comparative Perspective

The corporate sector in India has witnessed a substantial growth of Mergers and Acquisitions (M&As) during the 1990s, facilitated by the policy-shift under Structural Adjustment Program. During the...

by P.L. Beena | On 28 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

Liberalization of Capital Inflows and the Real Exchange Rate in India: A VAR Analysis

The East Asian crisis of 1997-98 and the Mexican crisis of 1994 generated much concern among policy analysts regarding the role of macroeconomic policies in the management of capital inflows. A seri...

by Indrani Chakraborty | On 14 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

Outsourcing Versus Foreign Direct Investment: A Welfare Analysis

Foreign direct investment may not necessarily be the most welfare enhancing form of international investment. The host country may avail options like – Joint venture, technology licensing, franchi...

by Arti Grover | On 11 Oct 2010

Towards an Economic Approach to Sustainable Forest Development

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

by Archana S Mathur | On 08 Oct 2010

Long Term Trends in the Growth and Structure of the Net State Domestic Product in Kerala

Kerala has been a model to other states for her achievements in social development. But in terms of economic growth her performance has for long been very poor and a matter of deep concern. In this...

by P. Mohanan Pillai | On 08 Oct 2010

Promoting Learning and Industrial Upgrading in ASEAN Countries

This paper traces the effects of the “East Asian Miracle,” the 1997–1998 Asian Crisis, the recovery, and the 2008–2009 global financial crisis on ASEAN countries. It also considers how ASEAN countries...

by Willem Thorbecke | On 28 Sep 2010

Higher Education in India: Seizing the Opportunity

This paper reviews the prevailing policy environment to evaluate its efficacy in ensuring that India is successfully able to address these challenges in the education sector. Given the well establishe...

by Sanat Kaul | On 17 Sep 2010

Supply Responses in the Livestock Economy of Kerala

The quantitative and qualitative changes taking place in livestock population over the years would be due to the changes in demand for livestock products. The changes in lives...

by K. Narayanan Nair | On 16 Sep 2010

Joining the Fight Against Global Poverty: A Menu for Corporate Engagement

This paper speaks to companies seeking practical ways to alleviate global poverty. The private sector has several inherent competitive advantages to bring to bear in this effort through which they c...

by Staci Warden | On 15 Sep 2010

Policy Reforms and Financing of Elementary Education in India: A Study of the Quality of Service and Outcome

Even as a case can be made out for public spending on elementary education, its link with enrolment rates does not appear strong. However, once efficiency and demand-side factors are accounted for, ...

by Basanta K. Pradhan | On 15 Sep 2010

The Role of Technological Complexity and Absorptive Capacity in Internalization Decision

Technology transfer costs have a profound influence on the firm’s entry mode into a production sharing relationship. To explore this nexus, they associate technological complexity of the off-shored in...

by Arti Grover | On 14 Sep 2010

Determinants of Weekly Yields on Government Securities in India

This paper examines the determinants of the Government yields in India using weekly data from April 2001 through March 2009. The analysis covers Treasury Bills with residual maturity of 15-91 day...

by Pami Dua | On 13 Sep 2010

Who Leaves and Who Returns? Deciphering Immigrant Self-Selection from a Developing Country

Existing research examining the self-selection of immigrants suffers from a lack of information on the immigrants’ labor force activities in the home country, quotas limiting who is allowed to enter t...

by Randall K. Q. Akee | On 09 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

Inspector Raj for Garment Export Business

The export of textiles from India accounts for about one-third of India’s total exports. What is more significant is that textiles as a group, is also the largest net foreign exchange earner in as...

by Avih Rastogi | On 01 Sep 2010

The Potato’s Contribution to Population and Urbanization: Evidence from an Historical Experiment

In this paper regional variation in suitability for cultivating potatoes, together with time variation arising from their introduction to the Old World from the Americas is being exploited, to estim...

by Nathan Nunn | On 26 Aug 2010

Rigorous Integrated Generalized (RIG) Qualitative Assessment

Qualitative research in development sector is an important paradigm which is used standalone or in conjunction with quantitative research. There is quantitative-qualitative paradigma...

by Manish Naithani | On 13 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

Monetary Policy in an Uncertain World: Probability Models and the Design of Robust Monetary Rules

The past forty years or so has seen a remarkable transformation in macro-models used by central banks, policymakers and forecasting bodies.This papers describes this trans formation from reduced-for...

by Paul Levine | On 11 Aug 2010

An Analysis of the Special Safeguard Mechanisms in the Doha Round of Negotiations A Proposed Price-trigger-based Safeguard Mechanism

This paper takes a detailed look at the SSM and analyzes its usefulness for developing countries. It also explores how the concept of a special agricultural safeguard has evolved in the present roun...

by Parthapratim Pal | On 11 Aug 2010

What Singapore Can Learn from Indonesia

This report series is all about the growing recognition that Singapore can also learn from the experiences of Indonesia. [Report No.1]

by H.P. Desker | On 06 Aug 2010

Earth Tube Heat Exchangers for Environmental Control of Farm Buildings in Semi-arid Northwest India

This paper presents the experience of using systems such as Earth Tube Heat Exchangers for environmental control in dwellings of zoo animals, and greenhouse in arid area of Kutch. Mention has also bee...

by Girja Sharan | On 04 Aug 2010

Leveraging the Integration of Sales Career Cycle with Brand Life Cycle in Indian Pharmaceutical Firms

Indian pharmaceutical sector is currently witnessing faster introduction of new drugs, with shorter life cycles, given the intense competition. Often, pharma companies fail to strategically align th...

by Basant Kumar Purohit | On 02 Aug 2010

Hydrogen Energy For Indian Transport Sector: A Well-To-Wheel Techno-Economic and Environmental Feasibility Analysis

With the alarming rate of growth in vehicle population and travel demand, the energy consumption has increased significantly contributing to the rise of GHG emissions. Therefore, the development of a...

by P. Balachandra | On 30 Jul 2010

Speeding Up the Estimation of Expected Maximum Flows Through Reliable Networks

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

by Megha Sharma | On 23 Jul 2010

The Japanese Economy and Economic Policy in Light of the East Asian Financial Crisis

The depth and breadth of the East Asian financial crisis has added a sense of acute urgency for some concrete and credible measures by policy-makers to revitalise the Japanese economy. While steps...

by Ramkishen Rajan | On 23 Jul 2010

Environmental Control in Greenhouse and Animal Houses with Earth-Tube-Heat-Exchangers in Hot Semi-arid North-West India

This paper explores the process of Environmental Control in Greenhouse and Animal Houses with Earth-Tube-Heat-Exchangers in hot semi-arid north-west India. [Working Paper No. 2009-11-04]

by Girja Sharan | On 20 Jul 2010

Strategic Orientation of Outsourcing Firms: Demystifying Key Differentiators

Despite the importance of outsourcing firms and the highly competitive nature of the outsourcing industry, there has been minimal examination of outsourcing firm strategy. This paper investigates...

by Kirti Sharda | On 16 Jul 2010

State Capacity, Conflict and Development

This paper is a report on an on-going project, which asks a number of questions relevant to the study of state capacity. What are the main economic and political determinants of the state’s capacity...

by Timothy Besley | On 15 Jul 2010

Licenses to Open a School: It’s All About Money

In Delhi, 14 lakh children are out of school. So why is there a shortfall in the supply of schools? Does the government help to better the situation? Why or Why not? In the light of these mind-boggl...

by Mayank Wadhwa | 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

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

The Exchange Rate Regime in Asia: From Crisis to Crisis

Prior to the Asian financial crisis, most Asian exchange rates were de facto pegged to the US Dollar. In the crisis, many economies experienced a brief period of extreme flexibility. A `fear of float...

by Ila Patnaik | On 18 Jun 2010

Customized Development Interventions for the Ultra Poor: Preliminary Change Assessments of Health and Health-seeking Behaviour (CFPR/TUP 2002 to 2004)

A mid-term survey of the CFPR/TUP programme participants (at the end of 1st cycle of 18 months intervention) on health and related issues was done during July-September 2004. The survey involved re-in...

by Syed Masud Ahmed | On 16 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

Disarmament, Demobilization, and Reintegration: The co-evolution of concepts, practices, and understanding

The paper examines the programs for Disarmament, Demobilization and Reintegration (DDR) and concludes that DDR is set to remain an important tool, and that it is most effective when used flexibly, app...

by Walt Kilroy | On 16 Jun 2010

Exchange Rate Regimes and Macroeconomic Performance in South Asia

Stylized facts for South Asia show the dominance of supply shocks, amplified by macroeconomic policies and procyclical current accounts. Interest and exchange rate volatility rose initially on libera...

by Ashima Goyal | On 09 Jun 2010

Transcending Boundaries: Indian Nurses in Internal and International Migration

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

by Sreelekha Nair | On 03 Jun 2010

Aid and Growth Have We Come Full Circle?

This paper first assesses the aid-growth literature with a focus on recent contributions. The aid-growth literature is then framed, for the first time, in terms of the Rubin Causal Model, applied...

by Channing Arndt | On 02 Jun 2010

Endogenous Skill Acquisition and Export Manufacturing in Mexico

This paper confirms that for Mexico over the period 1986-2000, the export sector pays higher wages than other sectors, but school drop out increases with the arrival of new export jobs. The workers...

by David Atkin | On 28 May 2010

Can Social Security Boost Domestic Consumption in the People’s Republic of China?

This paper reviews the development of the social security system and trends in the urban labor market in the People’s Republic of China (PRC). Despite its remarkable economic achievement, the PRC face...

by Wang Dewen | On 20 May 2010

The Shape of Temptation: Implications for the Economic Lives of the Poor

This paper argues that the relation between temptations and the level of consumption plays a key role in explaining the observed behaviors of the poor. Temptation goods are defined to be the set of...

by Abhijit Banerjee | On 13 May 2010

Implementation of Monetary Policy in India

How does the Reserve Bank of India implement monetary policy? The objectives and framework of monetary policy, as they have evolved, the operational aspects of monetary policy have been discussed. Th...

by Deepak Mohanty | On 08 Apr 2010

Determinants of the Choice of Migration Destination

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

by Marcel Fafchamps | On 18 Mar 2010

Asia Confronts the Impossible Trinity

Capital account openness and exchange rate flexibility in 11 Asian countries are examined. Asia has made slow progress on de jure capital account openness, but has made much more progress on de facto...

by Ila Patnaik | On 04 Feb 2010

Negotiating the Terms of A New Social Contract: Private Companies, Civil Society and the State in India

A detailed analysis of the stakes and dynamics at play in the public, civil and self-regulation of companies in India is offered. With the rapid growth and modernization of the country as the backdro...

by Damien Krichewsky | On 02 Feb 2010

Exchange Market Pressure and Monetary Policy

The objective of this study is to examine empirically the impact of monetary policy on exchange market pressure (EMP) in Bangladesh. EMP is measured as the sum of percentage change of international re...

by Sayera Younus | On 29 Jan 2010

Where Are India’s International Reserves Invested?

Most standard indicators suggest that India’s reserve stock is more than adequate. The rapid stockpiling of foreign exchange reserves implies that the RBI has been leaning-against-the-wind to keep dow...

by Ramkishen S. Rajan | On 25 Jan 2010

Japan’s Foreign Direct Investment Experiences in India: Lessons Learnt from Firm Level Surveys

The paper first gives a brief history and comparison of Japanese foreign direct investment into India and other Asian countries, highlighting the fact that Japanese investment into India is quite lo...

by Srabani Roy Choudhury | On 19 Jan 2010

Consultation Paper on Foreign Investment in Broadcasting Sector

Department of Industrial Policy and promotion has recently issued revised guidelines for calculation of total foreign investment i.e. direct and indirect foreign investment in Indian companies for bri...

by Telecom Regulatory Authority of India TRAI | On 18 Jan 2010

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

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

by Kaushik Basu | On 15 Dec 2009

Contract Farming in Thailand: A View from the Farm

The study presents an initial assessment of the situation and to raise the main issues in terms of farmers’ and workers’ rights. It is part of a long term process involving farmer movements, trade un...

by Isabelle Delforge | On 15 Dec 2009

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

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

by Jozef Konings | On 11 Dec 2009

Public Private Partnership in Uttar Pradesh Health Care Delivery System- UPHSDP as an Initiative

The objective of the study is to find out the primary reason to encourage public private participation in health care delivery system in Uttar Pradesh and the study also aim to analyse UPHSDP -a Wor...

by Bibi Ishrat Jahan | On 07 Dec 2009

A Note on Estimating Tax Elasticities

The most popular technique for estimating tax elasticities is the “Proportional Adjustment” method. This paper shows that the standard methodology used will almost invariably lead to biased elastici...

by Pronab Sen | On 04 Dec 2009

Literacy Traps: Society-wide Education and Individual Skill Premia

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

by Vidya Atal | On 01 Dec 2009

Climate Change and India-Some Major Issues and Policy Implications

The paper examines the genesis of Climate Change which has been referred to as the defining human development issue of our generation. Also studied is the impact of this problem in the global as well...

by H A C Prasad | On 01 Dec 2009

The Difficulties of the Chinese and Indian Exchange Rate Regimes

China and India have both attempted distorting the exchange rate in order to foster exports-led growth. This is described as the Bretton Woods II framework, where developing countries buy bonds in the...

by Ila Patnaik | On 30 Nov 2009

Poverty and Livelihood among Tribals in Gujarat: Status, Opportunities, and Strategies

This paper tries to look into the status of poverty and multiple deprivations among tribal communities in the state and explores policy options for strengthening their livelihoods through a combinatio...

by Amita Shah | On 27 Nov 2009

Innovation through Long-distance Conversations? Lessons from Offshoring-based Software Clusters in Bangalore

This paper is aganist the popular assertion regarding the links between innovation and clustering and it is found that the main sources of knowledge transfer and innovation among key firms in Bangalor...

by Aya Okada | On 23 Nov 2009

Gender, Poverty And Development: Gender Sensitive Budgeting And Other 'Best Practices'

The dominance of the mainstream paradigm of growth is being increasingly superseded by the Sustainable Human Development approach. No Concept of development, however, can be complete unless and until...

by Ritu Dewan | On 20 Nov 2009

The Socio-Economic Determinants Behind Infant Mortality and Maternal Mortality

A qualitative study was conducted in the six states of Andhra Pradesh, Tamil Nadu, Maharashtra, Rajasthan, Uttarakhand and Haryana to understand the socio-economic, cultural and demographic features a...

by Indian Trust for Innovation and Social Change ITISC | On 12 Nov 2009

Delegation and Emission Tax in a Differentiated Oligopoly

How product differentiation as well as strategic managerial delegation affects optimal emission tax rate, environmental damage and social welfare, under alternative modes of product market competiti...

by Rupayan Pal | On 04 Nov 2009

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

Green Technologies Related to Refrigeration and Air Conditioning

This paper presents some such case studies for co-and tri-generating various cold and hot utilities using innovative designs of Matrix and Tube-Tube Heat Exchangers and Multi-Utility Heat Pumps develo...

by Rane M V | On 27 Oct 2009

Learning from Crises

Recollect and recount lessons from crises. The key lessons are how to anticipate and take pre-emptive action and equally important, once you are in the middle of it, how to respond effectively namely,...

by Usha Thorat | On 22 Oct 2009

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

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

by Kaushik Basu | On 09 Oct 2009

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

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

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

by Michael Pomerleano | On 07 Sep 2009

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

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

by Hrushikesh Mallick | On 01 Sep 2009

Crossed and Crucified Parivar's War Aganist Minorities in Orissa

The report attempts to contextualize the exploitation of those who are aafected by the one of the worst communal riots in history and document how dominant interests have used this situation of chron...

by People's Union of Civil Liberties PUCL | On 31 Aug 2009

Technology, Financial Inclusion and Role of Urban Cooperative Banks

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

by Chakrabarty K C | On 11 Aug 2009

Incentives in Elementary Education - do They Make a Difference

This study tried to bring together the experiences of different approaches to incentives followed by six NGOs in the states of Rajasthan, Maharashtra, Orissa, Andhra Pradesh and Karnataka. Issues deal...

by Vimala Ramachandran | 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

Policies and Strategies for Radioactive Waste Management

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

by International Atomic Energy Agency IAEA | On 04 Aug 2009

Hong Kong's Banks During the Financial Crisis

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

by Robert Mülhaupt | On 15 Jul 2009

Migration and Chronic Poverty

This paper provides an overview of conceptual understandings of, and methodological research issues on, the relationship between chronic, or long-term, poverty and processes of migration. The paper...

by Uma Kothari | On 13 Jul 2009

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

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

by Gagan Bihari Sahu | On 09 Jul 2009

Budget 2009-2010

Budget 2009-2010 by Pranab Mukherjee

by Pranab Mukherjee | On 09 Jul 2009

What Rachna Has Done So Far: Program Description

This paper provides an overview of the background, objectives, interventions and impact hypotheses of Integrated Nutrition and Health Project (INHP-II) and Chayan rural, the implementation approaches...

by Rachna Program | On 07 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

Crime, City and Space: A Case of Mumbai Megapolis

The present study has been an attempt to examine spatial distribution of various forms of crimes in Mumbai city (Municipal Corporation) and find out their correlates. More specifically the attempts ha...

by Abdul Shaban | On 23 Jun 2009

Basic Infrastructure for a Nuclear Power Project

This publication was produced as a direction to increase the capability of Member States to plan and implement nuclear power programmes and to establish and enhance national nuclear infrastructure....

by International Atomic Energy Agency IAEA | On 19 Jun 2009

Financial Development and Velocity of Money in Bangladesh: A Vector Auto- Regression Analysis

The study uses co-integration and vector auto-regression (VAR) techniques to identify the determinants of income velocity of money (VM) in Bangladesh, covering both narrow and broad money. The study o...

by Md. Akhtaruzzaman | On 15 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

Financing Long Term Investments in Bangladesh: Capital Market Development Issues

There has been an increase in the demand for infrastructure services and opening up of the infrastructure sector for private investment. As a result, a large number of financial intermediaries and pri...

by Mustafa. K. Mujeri | On 15 Jun 2009

Goods and Services Tax for India

The paper contours of a feasible design of VAT in India. It also takes on board the various alternatives proposed. It looks at the issues that need resolution and the options available for resolving t...

by R.Kavita Rao | On 12 Jun 2009

Foreign Exchange Liberalization: Perceptions, Realities and Way Forward

The article focuses on understanding of the economics of the exchange control liberalisation in macroeconomic perspectives and, therefore, the article does not attempt to interpret or explore the lega...

by P Samarasiri | On 12 Jun 2009

Does the Currency Regime Shape Unhedged Currency Exposure?

This paper examines how unhedged currency exposure of firms varies with changes in currency exibility. A sequence of four time-periods with alternating high and low currency volatility in India prov...

by Ila Patnaik | On 11 Jun 2009

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

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

by Planning Commission Labour, Employment & Manpower Division | On 06 Jun 2009

Corruption Dynamics: The Golden Goose Effect

Development scholars view corruption as a leading cause of persistent poverty in less development countries. The paper mainly studies dynamic incentives for corruption in one of the world’s largest pu...

by Paul Niehaus | On 03 Jun 2009

Background Paper: Investment Liberalization in the EU-ASEAN FTA

This background paper focuses on the implications of investment liberalization on ASEAN nations. [FGS OP NO 5]

by Ignacio Jose Minambres | On 31 May 2009

Mass Media and Public Policy: Global Evidence from Agricultural Policies

Mass media plays a crucial role in information distribution and thus in the political market and public policy making. Theory predicts that information provided by mass media reflects the media’s ince...

by Alessandro Olper | On 29 May 2009

Measures of Labour Force Participation and Utilization

The choice of the best measures of labour force, work force and unemployment has been the subject of intense debate in the formulation of employment strategies and preparation of plan documents. A new...

by J Krishnamurty | 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

Determination of Inflation in an Open Economy Phillips Curve Framework: The Case of Developed and Developing Asian Countries

This paper investigates the determination of inflation in the framework of an open economy forward-looking as well as conventional backward-looking Phillips curve for eight Asian countries- Japan, Ho...

by Pami Dua | On 22 May 2009

Regional Monetary Units for East Asia: Lessons from Europe

This paper reports the European experience with a basket currency, the ECU. The ECU was initially introduced as a reference unit and later became the anchor of the European Monetary System. Public pol...

by Girardin Eric | On 22 May 2009

Backward Linkages of Foreign Subsidiaries in Guangdong, China: A Country- of –Origin Analysis

Multinational companies exercise their impact on the economic development of the host countries and regions through Foreign Direct Investments (FDI). The host countries tap the benefits from these FDI...

by Filip De Beule | On 15 May 2009

Measurement of Employment And Unemployment in India : Some Issues

This paper offers a review of the concepts and definitions used in the NSS Employment-Unemployment Surveys (EUS, for short) which have remained virtually unchanged since they were introduced in the NS...

by K. Sundaram | On 15 May 2009

Managing Prolonged Low Fertility: The Case of Singapore

This paper analyzes Singapore’s multi-pronged approach to managing prolonged low fertility which has led to population aging, labor force shortages, increasing elderly dependency ratios, and feminizat...

by Mukul. G Asher | On 15 May 2009

Mapping Indian Districts Across Census Years, 1971-2001

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

by Hemanshu Kumar | On 15 May 2009

Manager’s Perceptions of the Impact of Foreign Direct Investment Liberalizations: Information Technology Firms in India

Firms differ in the effects that foreign direct investment liberalizations have on their businesses, and in the responses they make to adjust to the liberalized business environment. In this study th...

by Stanley Nollen | On 15 May 2009

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

The Missing Middle

The purpose of this paper is to provide evidence, and argue, that stunning as India’s success is, the potential – and need – is for still more reform and more rapid growth. 8 percent is a good rate of...

by Anne O. Krueger | On 17 Feb 2009

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

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

by Peter Sheehan | On 03 Feb 2009

Some Reflections on the Recent Global Financial Turmoil – an Indian Perspective

The speech tries to underline some lessones that be drawn from the financial crisis relevant to regulation, financial markets and the market infrastructure and to reflect on these. [Annual Conference...

by Shyamala Gopinath | On 15 Jan 2009

Through a Glass Darkly: Deciphering the Impact of Oil Price Shocks

In order to examine if the impact of oil price shocks depends on the structure of an economy, a vertical (VSC) and a horizontal (HSC) long-run supply curve identification are successively imposed on a...

by Ashima Goyal | On 05 Jan 2009

Environmental Standards as Strategic Outcomes: A Simple Model

This paper examines the strategic nature of choice of environmental standards under different degrees of openness of countries. It also compares and contrasts equilibrium environmental standards and...

by Rabindra N Bhattacharya | On 23 Dec 2008

Inda's Pharmaceutical Industry on Course for Globalisation

The pharmaceutical industry is expanding worldwide. For some years now, it has been benefiting from the particular dynamics of the Asian economies as both purchasers and producers. It is not only the...

by Uwe Perlitz | On 12 Dec 2008

Mitigating Spillovers and Contagion Lessons from the Global Financial Crisis

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

by Duvvuri Subbarao | On 05 Dec 2008

Controlling Money and Politics – An Exercise in Damage Control

Whether there should be transparency in political finance? Whether there should be a control over the money that the political parties are receiving?

by Marcin Walecki | On 04 Dec 2008

Contemporary International and Domestic Banking Developments and the Emerging Challenges

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

by Leeladhar V | On 25 Nov 2008

The Incidence and Performance Effects of Interlocking Directorates in Emerging Market Business Groups: Evidence from India

The structure and extent of interlocking directorates within Indian business groups is studied and analyses the performance effects of such interlocks. It finds that large groups tend to have more int...

by Bikram De | On 21 Nov 2008

India’s Macroeconomic Performance and Policies Since 2000

The paper reviews India’s macroeconomic performance and policies since 2000. The first section briefly summarizes key macroeconomic developments regarding economic growth, inflation, external balance...

by Shankar Acharya | On 29 Oct 2008

Renewable Energy Strategies for Indian Power Sector

Specific policy issues linked to renewable energy development with recommendations for future strategies and measures have been discussed in the article. [CSH WP no. 3]

by Debyani Ghosh | On 07 Oct 2008

On the Economics of Higher Education in India, With Special Reference to Women

The paper investigates the role of economic factors in the enrolment decision at the higher education level in India. The study concludes that the rate of participation of women is in a disadvantage...

by Sugeeta Upadhyay | On 29 Sep 2008

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

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

by Roberto Frenkel | On 21 Aug 2008

The Indian Banking Industry – A Retrospect of Select Aspects

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

by Leeladhar V | On 11 Aug 2008

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

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

by Kazi Faisal Bin Seraj | On 06 Aug 2008

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

Shifting Cultivation and its Alternatives in Bangladesh: Productivity, Risk and Discount Rates

This study evaluates the economic feasibility of replacing shifting cultivation (Jhum) with settled agriculture and new soil conservation technology based on an assessment of the farmers’ risk and cor...

by M. A. Monayem Miah | On 29 Jul 2008

Managing Capital Flows: The Case of India

From the early 1990s, India embarked on easing capital controls. Liberalization emphasised openness towards equity flows, both FDI and portfolio flows. In particular, there are few barriers in the fa...

by Ajay Shah | On 24 Jul 2008

Bangladesh and Climate Change: Need for a Comprehensive Adaptive Strategy

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

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

Who is Worried about the National Interest?

Given the strategic long run character of the nuclear deal, the decision on it should nor be hurried. Nor is it one that can be taken without seeking wider public consensus than is available to the...

by Arun Kumar | On 21 Jul 2008

Changing Paradigm of Indo-Japan Relations: Opportunities and Challenges

This paper presents an overview of Indo-Japan cooperation since late 18th and early 19th century till date. In the light of the changing paradigm in India-Japan relations over the past several years,...

by PG Rajamohan | On 23 Jun 2008

Interest Rate Modeling and Forecasting in India

The interest rate is a key financial variable that affects decision of consumers, businesses, financial institutions, professional investors and policymakers. Timely forecast of interest rates can the...

by Pami Dua | On 13 Jun 2008

Impact Of Girl Child’s Enrollment On Work Sharing and Distribution Pattern in Families

Ranga Reddy district, where the present study is carried out is marked by low literacy rate and high concentration of child labour. M.V.Foundation adopted 16 Mandals of this district for the impleme...

by Davaluri Venkateshwaralu | On 10 Jun 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

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

Draft Report of the Committee on financial Sector Reforms

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

by Raghuram G. Rajan | On 14 Apr 2008

Climate Variability and Climate change: Implications for Chronic Poverty

The principles of the ‘bottom-up’ approach to adaptation are followed. It believes that one of the starting points for adaptation to climate change should be the present. The focus should not just be...

by Lucy Scott | On 13 Apr 2008

Markets, politics and freedom in the work of Hannah Arendt

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

by Kevin Quinn | On 17 Mar 2008

Budget 2008-09 and Children A First Glance

Budget for Children (BfC) is not a separate budget. It is merely an attempt to disaggregate from the overall budget, the allocations made specifically for programmes that benefit children. From 2000-0...

by HAQ Centre for Child Rights HAQCRC | On 04 Mar 2008

Key Features of Budget 2008-2009

Budget presented by Finance Minister

by P Chidambaram | On 29 Feb 2008

Competitiveness of India's Manufacturing Sector: An Assessment of Related Issues

An analysis of the various parameters of manufacturing competitiveness of the Indian economy is provided. The paper notes that India is one of the leading producers and exporters of a number of commod...

by Lakshmanan L | On 19 Feb 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

Livelihood Risks and Coping Strategies: A Case Study in the Agrarian Village Of Cherumad, Kerala

The various dimensions of livelihood risk as informed by a in-depth case study of an agrarian village namely, Cherumad in Kerala is examined. [WP no. 394].

by K.N. Nair | On 06 Feb 2008

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

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

by Pulapre Balakrishnan | On 28 Jan 2008

An Analysis of Fertility Differentials among Caste Groups in Andhra Pradesh

The fertility differentials among caste groups in Andhra Pradesh are examined in the context of characteristics and interaction hypotheses, using the second National Family Health Survey data. Multiva...

by P Ramesh | On 21 Jan 2008

Managing Migration in thePhilippines: Lessons for India

The significance of international migration in the Philippines economy and society is discussed. The Government of Philippines plays a supportive and regulatory role promoting internationational migr...

by S. Irudaya Rajan | On 19 Jan 2008

The Fundamental Equilibrium Real ExchangeRate in India : An Approach to Estimation and Measurement of Misalignment

An estimation of the real equilibrium exchange rate for India for the period in the latter half of the 1990s using fundamental economic variables by decomposing a structural VAR vested with appropriat...

by Himanshu Joshi | On 18 Jan 2008

Intergrated Energy Policy

The report of the Expert Committee provides a broad overarching framework for guiding the policies governing the production and use of different forms of energy from various sources. It makes specific...

by Planning Commission, India | On 10 Jan 2008

Agrarian Distress and Rural Livelihoods A Study in Upputhara Panchayat Idukki District, Kerala

This study examines the impact of agrarian distress on the different socio-economic groups, the strategies of livelihood adopted by households and the local institution in shaping these strategies. Th...

by K.N. Nair | On 02 Jan 2008

Advice for Ms Gandhi

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

by T.N. Ninan | On 31 Dec 2007

Girls, Educational Equity and Mother Tongue-based Teaching

One of the principal mechanisms through which inequality is reproduced is language, specifically the language used as the medium of instruction. The learner’s mother tongue holds the key to making sc...

by Carol Benson | On 21 Dec 2007

Child Marriage: Social and Economic Linkages and Opportunities for Intervention

The presentation shows the consequences of child marriage, how to prevent child marriage. [Power Point Presentation].

by Geeta Rao Gupta | On 19 Dec 2007

Determinants of Choosing an Airline by a Traveller -An Analysis from New Zealand Perspective

The important determinants that have influence on travellers to choosing a particular airline are analysed. Data from primary and secondary sources have been used for this paper. A field survey was co...

by Ershad Ali | On 12 Dec 2007

Education for All by 2015 Will We Make It?

The EFA Global Monitoring Report offers an authoritative reference for comparing the experiences of countries, understanding the positive impact of specific policies and recognizing that progress ha...

by UNESCO Publishing | On 05 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

A Success Story

India's economic reforms are evaluated.

by T.N. Ninan | On 26 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

Socio-Economic Empowerment of Women through SHGs Case Study from Orissa

In a remote tribal village of Kandhamal District of Orissa, where there there are visible signs of empowerment of women due to the formation of SHG in the village. The confidence level of women, who...

by Pradeep Baisakh | On 05 Nov 2007

Non Deliverable Foreign Exchange Forward Market: An Overview

Recognising the growing activity in the non deliverable forward (NDF) market in the recent years, the paper attempts to present a detailed analysis of the NDF market with special focus on Indian rupee...

by Sangita Misra | On 22 Oct 2007

Scissors Crisis

As the rupee has climbed against the dollar, the impact on big firms, small and medium sized software firms, are outlined. There is a “scissors crisis” of revenue under downward pressure because of ch...

by T.N. Ninan | On 22 Oct 2007

Ghost Management: How Much of the Medical Literature Is Shaped Behind the Scenes by the Pharmaceutical Industry?

There are many reports of ghost writings and ghost management of medical journal articles. Such articles are “ghostly” because signs of their actual production are largely invisible—academic authors...

by Sergio Sismondo | On 17 Oct 2007

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

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

by Marvin Goodfriend | On 09 Oct 2007

Inter-firm differences in FII portfolio investment in India

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

by B.L. Pandit | On 08 Oct 2007

Governance and Health

As we celebrate 60 years of political independence and take pride in our dynamic private sector, our remarkable IT successes and all the other usual dimensions of success, let us remind ourselves that...

by Shankar Acharya | On 08 Oct 2007

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

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

by Centre for Sustainable Agriculture CSA | On 04 Oct 2007

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

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

by M.Govinda Rao | On 27 Sep 2007

Models of Equilibrium Real Exchange Rates Revisited: A Selective Review of the Literature

One of the more important concepts in open macroeconomics is the “equilibrium real exchange rate” (ERER). Real exchange rate misalignments are argued to have been the cause of loss of competitivene...

by Reza Y. Siregar | On 20 Sep 2007

Impact of Preventive Health Care of Indian Industry and Economy

The empirical evidence on the relationship between preventive health care and labour productivity and corporate profitability is examined. Recommendations are offered for policymakers and corporate ma...

by Alka Chadha | On 18 Sep 2007

Going ethical

Many companies have realized the need to talk of, and do something about, corporate social responsibility (CSR), but in many cases this is merely CPR: corporate public relations. The correct thing for...

by T.N. Ninan | On 17 Sep 2007

Corporate Social Responsibility and Children's Rights in South Asia

Examples of Corporate Social Responsibility (CSR) initiatives within the context of children's issues in India, Nepal and Bangladesh are given. The mapping highlights that children's issues often do n...

by Girish Godbole | On 05 Sep 2007

Sustainability of Indian Agriculture: Towards an Assessment

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

by V.M. Rao | On 27 Aug 2007

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

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

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

Fostering Opportunities to Learn At An Accelerated Pace: Why Do Girls Benefit Enormously?

A major challenge in achieving universal education lies in ensuring that girls who have missed the school bus or simply got off the bus too early, can realise their right to quality, basic education....

by Vimala Ramachandran | On 22 Aug 2007

A Change of Mood

There is a change in the financial scenario. Any sustained bout of fair weather on the markets creates business excesses as investors and consumers start discounting risk more and more. So it is healt...

by T.N. Ninan | On 20 Aug 2007

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

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

by Pami Dua | On 14 Aug 2007

Towards a Corporate Response to Climate Change

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

by Manu N. Kulkarni | On 10 Aug 2007

Essays: Monetary Policy: Satisfy China’s Demand for Money

A talk with Nobel economics laureate Robert Mundell on how Beijing can keep the yuan’s value fixed and still avoid inflation. China’s high balance of payments surplus and pressure on the yuan could be...

by Hugo Restall | On 04 Aug 2007

First Quarter Review of the Annual Policy Statement on Monetary Policy for the Year 2007-08

*Bank Rate kept unchanged *Cash Reserve Ratio to be increased by 50 basis points to 7.0 per cent with effect from the fortnight beginning August 4, 2007 *GDP growth projection for 2007-08...

by Y V Reddy | On 31 Jul 2007

Foreign Exchange Reserves

The report is a compilation of quantitative information with regard to external reserves, such as, level of foreign exchange reserves, sources of accretion to foreign exchange reserves, external liabi...

by Reserve Bank of India | On 26 Jul 2007

The Rise in Remittances to India: A Closer Look

India has clearly achieved a large sustained level of remittances. Policy initiatives by the government and banking institutions have achieved two significant results. First, most remittances flow tho...

by Muzaffar Chisti | On 11 Jul 2007

Economic Reforms, Capital Inflows and Macro Economic Impact in India

The effects of the inflows of private foreign capital on some major macroeconomic variables in India are analyzed using quarterly data for the period 1993-99. Cointegration test and The Granger Causal...

by Indrani Chakraborty | On 11 Jul 2007

Think Productivity

Export growth and rate of increase in bank credit have slowed down, oil prices are very high, becasuse of the interest rate hike, housing demand has reduced. Even though Sensex has crossed 15000, GDP...

by T.N. Ninan | On 10 Jul 2007

The Indian Currency Regime and its Consequences

Since 1993, India’s currency regime is said to be a managed float, a “market determined exchange rate” in the sense that there is a currency market and the exchange rate is not visibly administrativel...

by Ila Patnaik | On 10 Jul 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

Impact of U.S. Federal Interest Rate and Movement of MSCI on Indian Capital Markets

The relationship between Indian macro-economic factors and economic growth has been analyzed by a number of empirical studies. This paper re-examines the sources of variability in the Indian economy f...

by Bharat Chadha | On 26 Jun 2007

Growth Data: What's the Real Story

What will be the country’s real growth story after the data revision?

by Savita Kulkarni | On 19 Jun 2007

Role of UNU-IIGH in Capacity Building for Sustainable Global

Globalisation promises positive economic impact through faster growth, increase in foreign direct investment and poverty reduction. However, there are growing evidence showing that the undesirable eff...

by Mohammed Yasin Salleh | On 19 Jun 2007

Productivity and Efficiency at Public and Private Sector Banks in India

A comparison between PSBs and their private sector counterparts based on measures of efficiency and productivity that use quantities of outputs and inputs. Efficiency measures a firm’s performance rel...

by TT Ram Mohan | On 04 Jun 2007

Primary Education in India Prospects of Meeting the MDG Target

By using two large repeated cross-sections, one for the early 1990s, and one for the late 1990s, the growth in school enrolment is described and completion rates for boys and girls in India, and to ex...

by Sonia Bhalotra | On 22 Mar 2007

Agricultural Development In Maharashtra: Highlights Of Growth Patterns And Policy Implications

The growth performance of agriculture in Maharashtra was highly impressive is the early part of the green revolution period but deteriorated after 1980-81. the severe set back to growth in yield per h...

by Sawant S D | On 22 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

Cropping in Arid Area Greenhouse

In hot, arid regions, yields are low and unstable, growing season limited to one. Greenhouses can stabilize and improve yields and extend seasons. But their adoption is impeded by the requirement of l...

by Sharan G | On 08 Mar 2007

Corporate Farming in India:Is it Must for Agricultural Development?

Indian agriculture is under policy reforms for some time now. One of the issues it faces is that of lack of viability of smallholdings and lack of international competitiveness of its produce. In this...

by Sukhpal Singh | On 07 Mar 2007

Outlays Only, Not Outcomes?

The Budget does not sufficiently recognize the need for re-balancing the role of the state and the market, and of the public and the private sectors for managing increasingly complex economic and stra...

by Mukul Asher | On 07 Mar 2007

Public Expenditure on Education : A Review of Selected Issues and Evidence

The role of education in economic development has been recognised for quite some time in mainstream economic literature. Divergence between the private and social rate of return from education is th...

by Anit Mukherjee | On 02 Mar 2007

Union Budget 2007-08: What May We Expect?

It is unrealistic to expect all problems to be solved in one budget. But it is possible for one budget to do a great deal of damage.

by Vinod Vyasulu | On 27 Feb 2007

Union budget 2007-08: What May We Expect?

It is unrealistic to expect all problems to be solved in one budget. But it is possible for one budget to do a great deal of damage

by Vinod Vyasulu | On 27 Feb 2007

Work Participation Rates in Madhya Pradesh : Comparison of Estimates based on Census and NSSO

This study estimates the work participation rates in Madhya Pradesh (including Chhatisgarh, prior to 2000) using both Census data and NSSO for relevant periods and compares these trends in the same wi...

by Sheetal Verma | On 29 Jan 2007

What Drives Forward Premia in Indian Forex Market?

This paper explores the behaviour of the forward premia for US$ vis-à-vis INR during the five-year period of September 2000 to September 2005. Indian forex market experienced a peculiar phenomenon i...

by Anil Kumar Sharma | On 10 Jan 2007

The Performance of Regional Rural Banks (RRBs) in India:Has Past Anything to Suggest for Future?

Since their inception, regional rural banks (RRBs) have taken deep roots and have become a sort of inseparable part of the rural credit structure in India. The financial viability of the RRBs has, h...

by Biswa Swarup Misra | On 10 Jan 2007

Foreign Direct Investment to Developing Countries in the Globalised World

This paper discusses the key issues related to foreign direct investment flows to developing countries in the globalised world. In particular, the paper focuses on the recent trend and direction of fo...

by Sandy Kyaw | On 22 Dec 2006

Chasing the dragon: Accounting for the under-performance of India by comparison with China in attracting foreign direct investment

This paper compares and contrasts the performance of India and China in attracting foreign direct investment (FDI). Both economies are large emerging markets that had rather similar profiles in 1978....

by John S Henley | On 22 Dec 2006

Maternal Mortality in India, 1997-2003 : Trends, Causes and Risk Factors (Sample Registration System)

This Report provides estimates of maternal mortality for the period 1997-2003. The study shows that overall MMR which was in the vicinity of 400 in 1997-98, has come down to about 300 in 2001-03, thus...

by Registrar General, India | On 20 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

Mahatma Gandhi and the Prisoner’s Dilemma: Strategic Civil Disobedience and Great Britain’s Great Loss of Empire in India

This paper examines the relationship between statutory monopoly and collective action as a multi-person assurance game culminating in an end to British Empire in India. In a simple theoretical model,...

by Chowdhury Irad Ahmed Siddiky | On 27 Nov 2006

Midterm Review of Annual Policy Statement for the year 2006-07

* Repo Rate increased to 7.25 per cent from 7.0 per cent. * The flexibility to conduct overnight repo or longer term repo including the right to accept or reject tender(s) under the LAF, wholl...

by Reserve Bank of India | On 31 Oct 2006

Using Change Rankings to Understand Poverty Dynamics: Examining the Impact of CFPR/TUP from Community Perspective

Studies of poverty dynamics relying solely on household income-expenditure surveys can yield noisy results, overestimating transient poverty and underestimating persistence of poverty, especially for...

by Munshi Sulaiman | On 23 Oct 2006

Buying spree

It is astonishing, and entirely unpredicted, that India’s outbound investment should begin to rival inbound FDI. The numbers quoted in a full-page report by the Financial Times earlier this week say t...

by T.N. Ninan | On 07 Oct 2006

Take-off

The world economy is slowing down, the commodity sector is headed for bleaker times, the downswing phase of the business cycle could see problems emerge that are hidden during the good times, protecti...

by T.N. Ninan | On 01 Oct 2006

The Future of Drug Development: the Economics of Pharmacogenomics

This paper models how the evolving field of pharmacogenomics (PG), which is the science of using genomic markers to predict drug response, may impact drug development times, attrition rates, costs,and...

by John A. Vernon | On 17 Aug 2006

The Role and Nature of Non-Contributory Social Security in the Design of Social Protection Strategies for Older People in DCs

Non-contributory social security is increasingly attracting the attention of developing country policymakers and observers, not least as a mechanism to help address the perceived failure of contributo...

by Roddy McKinnon | On 23 May 2006

Population Ageing and Health in India

The number of elderly in the developing countries has been growing at a phenomenal rate; in 1990 the population of 60 years and above in the developing countries exceeded that of the developed countri...

by S. Irudaya Rajan | On 24 Apr 2006

Land of Opportunity?

While the last 15 years have seen a flowering of enterprise because of the opening up of the Indian economy, today’s more open trading and investment system (which allows the big international players...

by T.N. Ninan | On 16 Apr 2006

O. V. Vijayan: My Childhood Memories

In tribute. A young friend’s warm narrative on the occasion of O.V. Vijayan’s first death anniversary.

by Kabani Mary Alex | On 07 Apr 2006

India’s Post-Liberalisation Growth Experience: An Analysis by the Demand Components

This paper tries to examine the sustainability aspect of the rate of growth (rog) in recent years, designated as ‘the second phase of liberalisation’. This paper is based on the Keynesian framework wh...

by Anamitra Roychowdhury | On 29 Mar 2006

Trends and Patterns of Technology Acquisition in Indian Organized Manufacturing: An Inter-industry Exploration

With liberalization of foreign technology import policy in the 1990s, India has seen declining R&D intensity at national level. This has generated a general concern on how Indian industries are doin...

by Jaya Prakash Pradhan | On 28 Mar 2006

Foreign Direct Investment and Technology Spillovers:Evidence from the Indian Manufacturing Sector

During the recent period, many countries compete with each other to attract foreign investment. When MNCs invest in a host country, it is assumed that a part of their technology spills to the host cou...

by Subash Sasidharan | On 26 Mar 2006

Communication for Development: Need for Collective Vision

Review of: Communication Technology and Human Development: Recent Experiences in the Indian Social Sector by Avik Ghosh; Sage Publications, New Delhi; 2006; Rs. 340.

by Devan Chandrasekher | On 23 Mar 2006

Regional Diffferences in FDI Inflows: China – India Comparison

An analysis of regional differences in the flow of FDI in China and India is important as in both these countries a few regions account for the bulk of FDI inflows. There are very few studies on regi...

by N.S. Siddharthan | On 23 Mar 2006

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

The Extent of Exchange Rate Flexibility in India: Basket Pegger or Closet US Dollar Pegger?

This paper examines the degree of de facto exchange rate flexibility for India over the last two decades. While there is a diversity of methods that measure de facto exchange rate regimes, none indivi...

by Tony Cavoli | On 08 Mar 2006

Economic Survey 2005-06, Chapter 6

External Sector

by Ministry of Finance | On 27 Feb 2006

Economic Survey 2005-06, Chapter 4

Securities Markets

by Ministry of Finance | On 27 Feb 2006

Economic Survey 2005-06, chapter 3

Monetary and Banking Developments

by Ministry of Finance | On 27 Feb 2006

Economic Survey 2005-06,Chapter 2

Public Finance

by Ministry of Finance | On 27 Feb 2006

The Economic Costs of the Iraq War: An Appraisal Three Years After the Beginning of the Conflict

Many aspects of the Iraq venture have turned out differently from what was purported before the war: there were no weapons of mass destruction, no clear link between Al Qaeda and Iraq, no imminent dan...

by Linda Bilmes | On 25 Feb 2006

Financial Health of Private Hospitals in India

Hospitals are an important component of the healthcare delivery system. Over the years, India has experienced a significant increase in the number iof hospital beds to meet the growing health demands...

by Ramesh Bhat | On 24 Feb 2006

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

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

The Determinants of Mortality

Mortality rates have fallen dramatically over time, starting in a few countries in the 18th century, and continuing to fall today. In just the past century, life expectancy has increased by over 30 ye...

by David M. Cutler | On 01 Feb 2006

The Social Cost of Foreign Exchange Reserves

There has been a very rapid rise since the early 1990s in foreign reserves held by developing countries. These reserves have climbed to almost 30 percent of developing countries' GDP and 8 months of i...

by Dani Rodrik | On 27 Jan 2006

Real Sector Shocks and Monetary Policy Responses in a in a financially vulnerable Emerging Economy

When analyzing the appropriate response for monetary policy during a currency crisis it is important to keep in mind two distinct channels: (a) the impact of raising interest rates on exchange rates...

by Ramkishen S. Rajan | On 27 Jan 2006

Macroeconomic and Monetary Developments: Third Quarter Review 2005-06

Contents I. The Real Economy -- 1 Agricultural Situation Industrial Performance Business Expectations Surveys Services Sector II. Fiscal Situation 14 Combined Government Fi...

by Reserve Bank of India | On 25 Jan 2006

Inflation Targeting Arrangements in Asia: Exploring the rate of the Exchange rate

Since the Asian crisis it has been recognized that exchange rate and monetary policy strategies must involve a “fairly high” element of flexibility rather than a single-minded defense of a particular...

by Ramkishen S. Rajan | On 19 Jan 2006

Conceptualizing NGO-State Relations in Karnataka:Conflict and Collaboration amidst Organizational Diversity

This paper maps the organizational diversity of the NGO sector in Karnataka, a “middle order state” (Vyasulu, 1995), and demonstrates that conceptualizing NGO actions vis-à-vis the state dichotomously...

by Neema Kudva | On 13 Jan 2006

Controlled Capital Account Liberalisation: A Proposal

This paper outlines a proposal for a controlled approach to capital account liberalization for economies experiencing large capital inflows. The proposal essentially involves securitizing a portion o...

by Eswar S. Prasad | On 09 Dec 2005

Dictatorship, Democracy and Institutions: Macropolicy in China and India

We explore the hypothesis that macroeconomic polices are influenced by political structure, through a systematic comparison of reform period macroeconomic policy choices and outcomes, in China and Ind...

by Ashima Goyal | On 23 Nov 2005

Asian Reserves and the Dollar: Is Gradual Adjustment Possible?

Large dollar reserves in Asian EMEs accompany large U.S. fiscal and current account deficits. Analysis of strategic sales by Asian EMEs suggests that an attack on the dollar is not certain but is poss...

by Ashima Goyal | On 21 Nov 2005

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

Globalisation, Demographic Transition and Reform of Social Safety Nets in India

This paper accepts Rodrik’s premise that globalization and associated changes have increased the urgency of developing social safety nets to: Cushion transition; Help maintain legitimacy of reform, a...

by Mukul Asher | On 08 Nov 2005

Demographics And Global Savings Glut

There is growing evidence that demographic changes have played an important role in driving Asia’s economic transformation by generating high savings rates.In this report, the author argues that high...

by Sanjeev Sanyal | On 01 Sep 2005

Infant And Under-Five Mortality In India: Levels, Patterns And Correlates

General economic growth (resulting in higher living standards), improved infrastructure, and greater child immunization coverage will be essential in lowering infant and under-five mortality rates in...

by Anil B. Deolikar | On 26 Aug 2005

The Business of Business is Business

In modern world, the role of the corporate business has extended far beyond just producing goods and services or creating jobs, or even promoting industrial growth. Business should be a powerful agent...

by Chandrima Chatterjee | On 08 Aug 2005