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ADB’s Comprehensive Response to the COVID-19 Pandemic

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

by Asian Development Bank | On 25 Jan 2021

It is not enough to have a strong govt; you need a strong country

While the govt has done many things right, it has also made mistakes that have weakened India. It should acknowledge challenges, reverse economic slide, and build national cohesion.

by T.N. Ninan | On 27 Jul 2020

Is India Creating Adequate Jobs Post 2000: Treading Through Employment Elasticity

This paper looks into diverse databases to gauge if economic growth in India creates adequate volume of jobs since the year 2000. In our exercise, we use a popular index called employment elasticity....

by G.D Bino Paul | On 26 Jun 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

Inequality in a Global Perspective

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

by Ravi Kanbur | On 08 Jun 2020

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

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

by Ashima Goyal | On 14 May 2020

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

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

by Lekha S. Chakraborty | On 29 Apr 2020

Emerging Markets Perspectives on G-20 led Financial Reforms

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

by Ashima Goyal | On 25 Apr 2019

When do regulatory interventions work?

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

by Nidhi Aggarwal | On 25 Apr 2019

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

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

by Hongyi Chen | On 01 Apr 2019

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

Sectoral amd Skill Contributions to Labor Productivity in Asia

Using a decomposition approach on data collected by the Asian Productivity Organization (APO) as well as World Input-Output data, it shows that in most Asian economies the services sector makes the la...

by Matthias Helble | On 12 Mar 2019

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

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

by Arpita Mukherjee | On 04 Feb 2019

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

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

by Saon Ray | On 04 Feb 2019

Explaining the contractualisation of India’s workforce

The employment structure of India’s organised manufacturing sector has undergone substantial changes over the last decade with a steep rise in the use of contract workers in place of directly hired wo...

by Radhicka Kapoor | On 03 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

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

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

by Ila Patnaik | On 23 Jan 2019

Responses to Trade Opening: Evidence and Lessons from Asia

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

by Devashish Mitra | On 22 Jan 2019

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

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

by Ben Shepherd | On 20 Jan 2019

Green Finance in Singapore: Barriers and Solutions

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

by Youngho Chang | On 20 Jan 2019

Exporting and Firm Performance: Evidence from India

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

by Apoorva Gupta | On 12 Jan 2019

UDAY Power Debt in Retrospect and Prospects: Analyzing the Efficiency Parameters

The Government of India launched the Ujwal DISCOM Assurance Yojana (UDAY), in November 2015, with an objective of “Power for All”. Under the UDAY scheme, selected States agreed to convert 75 per cent...

by Amandeep Kaur | On 11 Jan 2019

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

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

by Talha Nadeem | On 03 Jan 2019

Industrialization of Developing Countries in a Multicountry, Multisector Capital Accumulation Model

This paper shows that industrialization of developing countries, defined as start of production of investment goods, happens when their share in global production exceeds the global demand for consump...

by Tadateru Hayashi | On 02 Jan 2019

Services Policies and Manufacturing Exports

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

by Ben Shepherd | On 28 Dec 2018

The Servicification of Manufacturing in Asia: Redefining the Sources of Labor Productivity

Services are playing an increasingly important role in the global economy. Over the last few decades, the sector’s contribution to output, employment, and value-added trade has grown quite dramaticall...

by Valerie Mercer-Blackman | On 21 Dec 2018

The Impact of Trade Conflict on Developing Asia

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

by Abdul Abiad | On 21 Dec 2018

Social Funding of Green Financing: An Application of Distributed Ledger Technologies

This paper contributes to the literature in two ways: First, it delineates a concrete application of DLTs in the field of green financing, which offers the potential to increase social welfare. Second...

by Naoyuki Yoshino | On 20 Nov 2018

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

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

by Maria Teresa Punzi | On 19 Oct 2018

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

Sectoral Labor Income Share Dynamics: Cross – Country Evidence from a Novel Dataset

This paper overcomes the constraint and provides some preliminary outcomes from a novel dataset that the authors compile at the sectoral level (10 sectors) for 53 countries, including 20 developing co...

by Yoko Oishi | On 01 Oct 2018

Vietnam’s Low National Competitiveness, Causes, Implications and Suggestions for Improvement

This study provides an in-depth analysis of main causes of Vietnam’s low competitiveness from the country’s perspective. These are structural problems due to its factor-based growth model, expansionar...

by LE Quoc Phuong | On 11 Sep 2018

Is Employment Globalizing?

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

by Liming Chen | On 10 Sep 2018

Obstacles and Enablers of Internationalization of Philippine SMEs Through Participation in Global Value Chains

This paper attempts to determine the challenges and enablers of connecting small and medium businesses to global value chains. It uses data from a survey of SMEs in Metro Manila and a set of key infor...

by Jamil Paolo Francisco | On 30 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

Green Energy Finance in India: Challenges and Solutions

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

by Gopal K. Sarangi | On 24 Aug 2018

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

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

by Vivek Rao | On 24 Aug 2018

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

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

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

by Suk Hyun | On 10 Aug 2018

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

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

Productivity Growth in Organized Manufacturing in Telangana

This paper makes an attempt to estimate Total Factor Productivity (TFP) growth by using both growth accounting approach and production function approach. Kendrick, Solow and Tornqvist-Theil indices ar...

by G. Alivelu | On 26 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

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

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

by Jyotsna Goel | On 21 Jun 2018

Assessing Public Expenditure Efficiency at Indian States

This paper attempts to understand what drives the public expenditure efficiency among the States. For this, it looks at the role of economic growth as well as quality of governance. The results of inp...

by Ranjan Kumar Mohanty | On 20 Jun 2018

Status of Labour Rights in Pakistan 2016

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

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

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

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

by Robert T. Jensen | On 12 Jun 2018

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

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

Energy Productivity And Energy Demand: Experimental Evidence From Indian Manufacturing Plants

This paper studies a field experiment among energy-intensive Indian manufacturing plants that offered energy consulting to raise energy productivity, the amount plants can produce with e...

by Nicholas Ryan | On 30 May 2018

Skill Development and Productivity of the Workforce

Skill development is an important driver to address pov - erty reduction by improving employability, productivity and helping sustainable enterprise development and in - clusive growth. It facil...

by A Srija | On 28 May 2018

Growth, Employment and Output Generation in MSME in India: An Analysis

The paper have attempted to understand the dynamics of MSMEs –that is to say,how much the number of units is increasing and how much is the contribution of MSME’s in the economy? We have also expl...

by | On 30 Apr 2018

Broadband Adoption and Firm Performance: Evidence from Informal Sector Firms in India

Using unit level data for informal manufacturing sector, drawn from the Government of India’s National Sample Survey Organization , this paper addresses the impact of broad...

by Kausik Chaudhuri | On 25 Apr 2018

Country Origin of Foreign Direct Investment in Indi an Manufacturing and Its Impact on Productivity of Domestic Firms

The paper investigated the productivity enhancing e ffects of FDI in Indian manufacturing firms, with a particular focus on the differences in FDI i mpact according to the county of origin of FDI....

by Bishwanath Goldar | On 19 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

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

EJF View on the Global Compact on Migration

The report says that investment in climate change adaptation and mitigation are listed as key ways of minimizing the drivers that force people from their country of origin – one of the GCM’s central o...

by Environmental Justice Foundation (EJF) | On 09 Apr 2018

Agricultural Productivity Shocks, Labor Reallocation, and Rural-Urban Migration in China

This paper analyses the way households in rural China use rural-urban migration and off-farm work as a response to negative productivity shocks in agriculture. I employ various waves of a longitudin...

by Luigi Minale | On 04 Apr 2018

Innovation and Employment: A Firm Level Study of Indian Industries

This study based on the firm level data for eleven industries for the period ranging from 1998 through 2010 makes an attempt to capture the effect of R&D on employment in the backdrop of the debate...

by | On 29 Mar 2018

The Impact of Global Labour Standards on Export Performance

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

by | On 28 Mar 2018

National Policy On Fishing & Fishermen

The policy says that the fishery has been one of the most ancient but important source of livelihood for a large population.

by Bharatiya Party | On 26 Mar 2018

Demand for Textile and Clothing Exports of Pakistan

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

by Afia Malik | On 26 Mar 2018

The Role of Total Factor Productivity Growth in Middle-Income Countries

We examine the importance of total factor productivity (TFP) growth in middle-income countries based on cross-country panel data for the period 1975–2014. We find that TFP growth contributed signific...

by | On 23 Mar 2018

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

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

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

Least-Developed Countries, Transfer of Technology and the TRIPS Agreement

This paper examines the background of Article 66.2 of the TRIPS Agreement, the nature of this obligation on developed country Members that pertains to the promotion of technology transfer to LDC Membe...

by Jayashree Watal | On 20 Mar 2018

Exchange Rate Instability and Trade: The Case of Pakistan

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

by M. Ali Kemal | On 19 Mar 2018

Econometric Estimation of Technical and Environmental Efficiency: An Application to Chemical Industry in and around Mumbai

There is a large concentration of chemical firms around Mumbai, and the Maharashtra Pollution Control Board has been actively monitoring them. However, there is a large variation in the degree of co...

by | On 13 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

Female Labour Force Participation in India and Beyond

The participation of women in the labour market varies greatly across countries, reflecting differences in economic development, education levels, fertility rates, access to childcare and other suppo...

by | On 07 Mar 2018

Changing Enrolment Patterns in Arts and Science Colleges in Kerala

The study is conducted in the context of the decline in the number of young people in the college going age group as a result of the decrease in birth rate in the state as also in the context of the p...

by George Zachariah | On 06 Mar 2018

The Multilateral Legal Instrument: A Developing Country Perspective

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

by Suranjali Tandon | On 03 Mar 2018

Kerala's Education System: From Inclusion to Exclusion?

The paper examines the recent shifts in Kerala’s education system from an inclusive one to an exclusive one.

by N. Ajith Kumar | On 01 Mar 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

Financing Secondary Education in Kerala

The paper examines the trends in the financing of secondary education in Kerala with particular reference to the Grants in Aid policies of the State Government.

by K.K. George | On 15 Feb 2018

State Level Fiscal Reforms in India: Some Core Issues

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

by K.K. George | On 15 Feb 2018

Broadband Adoption and Firm Performance: Evidence from Informal Sector Firms in India

Using unit level data for informal manufacturing sector, drawn from the Government of India’s National Sample Survey Organization, this paper addresses the impact of broadband adoption on firm perfo...

by | On 13 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

Budget Speech West Bengal: 2018

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

by Amit Mitra FM, WB | On 05 Feb 2018

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

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

by Arun Jaitley | On 31 Jan 2018

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

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

by Kim Gui | On 30 Jan 2018

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

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

by Arun Jaitley | On 30 Jan 2018

Economic Survey 2017: Volume I, Chapter 1: State of the Economy: An Analytical Overview and Outlook for Policy

The GST Council offers a model “technology” of cooperative federalism to apply to many other policy reforms. Over the medium term, three areas of policy focus stand out: Employment: finding good job...

by Arun Jaitley | On 29 Jan 2018

The Effect of Restructuring on Labor Reallocation and Productivity Growth: An Estimation for Korea

The paper says that the productivity growth of the service sector would foster economy-wide productivity and it can be achieved by the mitigation of misallocation of resources in service sectors.

by Choi Hyelin | On 26 Jan 2018

Regional Analysis of Sanitation Performance in India

Introduction: India bears a disproportionate burden of open defecation in spite of investing more and more funds and ushering in several institutional efforts including Swachh Bharat Mission in the...

by Arijita Dutta | On 23 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

Selection, Firm Turnover, and Productivity Growth: Do Emerging Cities Speed up the Process?

This paper identifies and estimates the impact of firm entry and exit on plant-level productivity in Ethiopia as part of a selection mechanism that might be driving aggregate productivity growth in ci...

by Patricia Jones | On 16 Jan 2018

Using Gross Trade Data to Map Archetypal GVCs

This paper introduces a new, publicly available database for tracking merchandise trade in the global value chains for apparel/textile/footwear, motor vehicles and parts, and electronics, developed or...

by Michael Ferrantino | On 16 Jan 2018

Cross-Border Spillover Effects of the G20 Financial Regulatory Reforms

The paper also emphasize the need for regulatory consistency within and between jurisdictions to ensure a level playing field.

by Clive Briault | On 15 Jan 2018

Dispute Settlement in the WTO and the Least Developed Countries: The Case of India’s Anti-Dumping Duties on Lead Acid Battery Import from Bangladesh

This paper looks at the case where India contested the tariff concessions granted by the members of the European Communities (EC) to twelve developing countries under its Generalised System of Prefere...

by M. Taslim | On 29 Dec 2017

Opportunities and Risks of Liberalising Trade in Services in Pakistan

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

by Abid Burki | On 28 Dec 2017

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

Financial Literacy in Japan: Determinants and Impacts

Financial literacy is gaining increasing importance as a policy objective in many countries. However, internationally comparable information on financial literacy is still scarce. Recently, the Bank o...

by Naoyuki Yoshino | On 21 Dec 2017

Consumption- and Productivity-Adjusted Dependency Ratio with Household Structure Heterogeneity

This study constructs a new dependency ratio measure by taking into account the consumption needs of the young and elderly people, and the productivity of middle-aged people. Different from the way th...

by Xuehui Han | On 21 Dec 2017

Outlook for the Philippine Economy and Agro-Industry to 2030: The Role of Productivity Growth

This study provides growth projections for the Philippine agriculture based on growth in productivity differentiated by basic sector, using a computable general equilibrium model.

by Roehlano M. Briones | On 14 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

Temperature Effects on Productivity and Factor Reallocation: Evidence from a Half Million Chinese Manufacturing Plants

This paper uses detailed production data from a half million Chinese manufacturing plants over 1998-2007 to estimate the effects of temperature on firm-level total factor productivity (TFP), factor in...

by Peng Zhang | On 28 Nov 2017

Freedom of Expression in Pakistan: A myth or a reality

The study adopts a qualitative approach to understand the power dynamics and draws out conclusions from a wide variety of stakeholders regarding the issues at hand.

by Sadaf Liaquat | On 23 Nov 2017

Going In Circles

The study says that there are certain misconceptions about the power sector’s circular debt, which has generated controversy in the country.

by Dr. Abid Suleri | On 21 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

Electronic filing System, Bureaucratic Efficiency and Public Service Delivery: Evidence from Bangladesh

A look into the effect of an e-Governance initiative in Bangladesh is on efficiency in the public sector. The electronic Filing (e-Filing) system was introduced to all the Deputy Commissioners' (DC)...

by Wahid Abdallah | On 15 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

The Service Sector in India

The service sector is the largest and fastest growing sector in India and has the highest labor productivity, but employment has not kept pace with the share of the sector in gross domestic product an...

by | On 10 Nov 2017

Basic Income and a Public Job Offer: Complementary Policies to Reduce Poverty and Unemployment

Unconditional basic income, or a job guarantee by government as employer-of-last-resort, are usually discussed as alternative policies, though the first does not provide the benefits of an earned inco...

by Felix FitzRoy | On 08 Nov 2017

Inequality and Expectations in a Model of Technology Adoption and Growth

This paper highlights the role of initial wealth inequality in determining the technology adoption decision of firms, which in turn impacts upon the overall productivity in an economy. Wealth inequali...

by Surbhi Badhwar | On 08 Nov 2017

Skilling India's Workforce

The report says that current capacity of 4 million workers per annum is grossly inadequate.

by Shri Ranganath | On 03 Nov 2017

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

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

by Shahid Raza | On 31 Oct 2017

Remittances for Growth: Initiatives for Remitters and Remittances

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

by Atiq Rehman | On 30 Oct 2017

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

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

by Faheem Jehangir Khan | On 27 Oct 2017

On Using Exchange Rate for Promoting Exports

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

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

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

Sustainable Development Goals: Assessing Commitments towards Financing and Inequality

In September 2015, heads of States and representatives of 193 countries assembled at the United Nations General Assembly to give shape to the Post- 2015 Development Agenda: ‘Transforming Our World: Th...

by | On 25 Oct 2017

G-20: In Search of a Role

The Group of 20 (G-20) was formed in 1999 as a forum of Finance Ministers of the member countries to discuss issues in the areas of money and finance. The initiative for setting up the Group was tak...

by | On 17 Oct 2017

Low Carbon and Climate Resilient Irrigation Pumping in Karnataka - Challenges and Prospects

The report says that, Karnataka is the second most arid state in the country.

by Mohd. Ali | On 11 Oct 2017

Does Financing Constraints Matter for Outward Foreign Direct Investment Decision ? Evidence from India

Even though the firm internationalization through exports or foreign direct investment (FDI) has increased in recent years, there is only limited evidence on the effect of financing constraints on fir...

by | 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

Intensive and Extensive Margins of Exports: What Can India Learn from China ?

We decompose India’s export performance in manufactured products during 2000-2015 into changes at the intensive and extensive margins. India’s performance, along different margins, is compared and con...

by Veeramani C | On 06 Oct 2017

The Macroeconomic Benefits of Tax Enforcement in Pakistan

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

by Ethan Ilzetzki | On 04 Oct 2017

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

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

by Ajay Chhibber | On 03 Oct 2017

An Assessment of the Community Mortgage Program Implementation Strategy

The study also provides recommendations on how the identified issues can be addressed.

by Marife M. Ballesteros | On 29 Sep 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

East Asian Financial and Economic Development

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

by Randall Morck | On 25 Sep 2017

Migrant Smuggling Data and Research: A Global Review of the Emerging Evidence Base

The report narrates that the diversity of smugglers has been examined in the academic and grey literature.

by Marie McAuliffe | 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

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

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

by Ashima Goyal | On 15 Sep 2017

Growth Effects of Economic Globalization: A Cross-Country Analysis

This paper analyses the effect of economic globalization indicators on economic growth through the channels of Total Factor Productivity (TFP) by using panel data approach and conducting policy simula...

by Sovna Mohanty | On 13 Sep 2017

Structural Change and Labour Productivity Growth in India: Role of Informal Workers

Labour productivity in an economy or industry may increase due to intrinsic increase in productivity (due to capital deepening or TFP growth) or due to the reallocation of workers to more productive s...

by Rosa Abraham | On 11 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

Current Challenges for the Economy and Priorities of the New Government

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

by S Jagadeesan | On 25 Aug 2017

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

Developing India's Offshore Local Currency Bond Market: Lessons from Emerging Countries

This paper takes stock. It assesses the current market state and structure, surveys a cross-section of market participants to identify the relevant issues, and employs two case studies of EME peers, C...

by Renu Kohli | On 23 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

Public Procurement in India: Assessment of Institutional Mechanism, Challenges, and Reforms

The present study assesses the public procurement system and recent reform initiatives in India and outlines the need for changes in the institutional frameworks.

by Bhabesh Hazarika | On 09 Aug 2017

Positive Peace Report 2016

This report introduces new thinking and evidence about Positive Peace.

by Institute for Economics and Peace | 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

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

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

24x7 Power for All: Strategies for Karnataka

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

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

The Economic Impacts of the Clean Power Plan: How Studies of the Same Regulation can Produce such Different Results

The main objective of the paper is to of add clarity to the debate over the economic effects of regulations like the CPP. It is shown that studies of the same regulation using similar methodologies c...

by Noah Kaufman | On 28 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

Rethinking the Development of Post-War Sri Lanka Based on the Singapore Model

This study explores three major points, namely, Singapore's development process,Singapore's model of economic development, and the economic challenges of post-war Sri Lanka. This study explores pages...

by Sanika Sulochani Ramanayake | 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

Domestic Value Added Content of India's Exports: Estimates for 112 Sectors, 1999-2000 to 2012-13

Using Input-Output (IO) analysis, this study provides the time series estimates of domestic value added (DVA) content of India's merchandise and services exports for the period 1999-2000 to 2012-13 an...

by Veeramani C | On 21 Jul 2017

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

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

by Asian Development Bank Institute | On 20 Jul 2017

Asian Development Outlook (ADO) 2017 Supplement: Cautious Optimism for Asia's Outlook

With export demand stronger than expected in the first quarter of 2017, the region’s GDP is forecast to expand somewhat faster than forecast in April in Asian Development Outlook 2017.

by Asian Development Bank Institute | On 20 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

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

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

by Asian Development Bank Institute | On 17 Jul 2017

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

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

by Asian Development Bank Institute | On 11 Jul 2017

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

This publication is complemented by critical analyses to determine key issues, challenges, and opportunities for innovative strategies toward global competitiveness, increased productivity, and inclus...

by Asian Development Bank Institute | On 10 Jul 2017

Economic Analysis of Climate-Proofing Investment Projects

This report describes the conduct of the cost-benefit analysis of climate proofing investment projects. An important message is that the presence of uncertainty about climate change does not invalidat...

by Asian Development Bank Institute | On 10 Jul 2017

Sustainable Energy for All Status Report: Tracking Progress in Asia and the Pacific - A Summary Report

This report summarizes the initial activities of the Regional Hub, and contextualizes the challenges in Asia and the Pacific with the global efforts to reach the 2030 targets.

by Asian Development Bank Institute | On 06 Jul 2017

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

This report will help improve the quality of the workforce; enhance employability, productivity, and remuneration, leading to higher economic growth.

by Asian Development Bank Institute | On 30 Jun 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

Transforming Towards a High-Income People's Republic of China: Challenges and Recommendations

This report summarizes findings and policy recommendations for the government's 13th Five-Year Plan.

by Asian Development Bank Institute | On 29 Jun 2017

Challenges and Opportunities for Skills Development in Asia: Changing Supply, Demand, and Mismatches

This report identifies six key shifts and trends that have had critical implications on either skills supply and/or skills demand in Asia, thereby straining the previous alignment in this regard.

by Sungsup Ra | On 27 Jun 2017

Strengthening City Disaster Risk Financing in Vietnam

This paper presents a summary of a technical assistance project on the development of disaster risk financing solutions for the cities of Can Tho and Hue and, by extension, for other cities in Viet Na...

by Asian Development Bank Institute | On 26 Jun 2017

Asian Development Outlook 2015 Supplement: Growth Holds Its Own in Developing Asia

The report says Asia’s developing economies remain on track to post growth of 5.8% in 2015 and 6.0% in 2016, as the region’s economies remain resilient to continued economic weakness in industrialized...

by Asian Development Bank Institute | On 26 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

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

Sri Lanka: Development Effectiveness Brief

The paper says that 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 l...

by Asian Development Bank Institute | On 19 Jun 2017

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 19 Jun 2017

Asian Development Outlook 2016: Highlights

The paper narrates that the risks are tilted to the downside as tightening US monetary policy may heighten financial volatility, further moderation in the People’s Republic of China could spill over i...

by Asian Development Bank Institute | On 14 Jun 2017

Achieving Universal Electricity Access in Indonesia

This report describes Indonesia’s electrification environment and identifies barriers to achieving universal electricity access. Principles drawn from international best practices such as government c...

by Asian Development Bank Institute | On 12 Jun 2017

Trade and Transport Facilitation Monitoring Mechanism: Baseline Study in Bangladesh

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

by Asian Development Bank Institute | On 12 Jun 2017

Reviving Lakes and Wetlands in the People's Republic of China, Volume 3: Best Practices and Prospects for the Sanjiang Plain Wetlands

The report narrates that the Sanjiang Plain wetlands are among the most important wetlands in the People’s Republic of China with unique habitats, species, and ecology. There is a considerable body of...

by Asian Development Bank Institute | On 08 Jun 2017

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

This report presents current arrangements and initiatives in the country’s skills development strategies. These are complemented by critical analyses to determine key issues, challenges, and opportuni...

by Asian Development Bank Institute | On 06 Jun 2017

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

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

by Asian Development Bank Institute | On 02 Jun 2017

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

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

by Asian Development Bank Institute | On 01 Jun 2017

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

Envisioning Tax Policy for Accelerated Development in India

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

by M. Govinda Rao | On 26 May 2017

Judicial Review and Money Bills

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

by Pratik Datta | On 26 May 2017

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

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

by Sacchidananda Mukherjee | On 25 May 2017

Finding Balance 2016: Benchmarking the Performance of State-Owned Enterprises in Island Countries

This study of state-owned enterprises performance in the Pacific emphasizes political commitment to reform as a key driver for commercial results.

by Asian Development Bank Institute | On 23 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

A Preliminary Report of the Committee on the Reform of the Indian Medicine Central Council Act 1970 and Homoeopathy Central Council Act, 1973

The report says that the traditional and alternative systems of medicine i.e. Ayurveda, Yoga, Naturopathy, Unani, Siddha, Sowa-Rigpa and Homoeopathy are an integral part of the health care system in I...

by Niti Aayog GOI | On 17 May 2017

Monitoring Universal Health Coverage in the Western Pacific: Framework, Indicators, and Dashboard

The report narrates that the SDGs are integrated and indivisible with a clear focus on equity, including equity focused monitoring and evaluation (M&E), to ensure not only that the targets are being m...

by Asian Development Bank Institute | On 15 May 2017

Mapping Fragile and Conflict-Affected Situations in Asia and the Pacific: The ADB Experience

ADB recognizes four types of fragile and conflict-affected situations (FCAS)—conflict-affected, fragile,transitional, and subnational—and each situation has its own unique set of characteristics, and...

by Asian Development Bank Institute | On 12 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

Philippines: Public-Private Partnerships by Local Government Units

The paper narrates that as local government units (LGUs) have strived to carry out the responsibilities and activities devolved to them by the 1991 Local Government Code, they have explored and availe...

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

Cities as Engines of Inclusive Development

This paper argues that the recent policy rhetoric towards cities in India has been shaped by their increasing economic importance in national output generation, as well as a series of prominent glob...

by Indian Institute for Human Settlements | On 05 May 2017

Meeting Asia's Infrastructure Needs

This report updates by presenting infrastructure investment needs for all 45 DMCs from 2016 to 2030, the final year of the United Nations Sustainable Development Goals. Two sets of estimates are pre...

by Asian Development Bank Institute | On 05 May 2017

Energy Storage in Grids with High Penetration of Variable Generation

The focus of this report is on energy storage for the power grid in support of larger penetration of renewable energy. The emphasis is on energy storage and associated power electronics that are dep...

by Pramod Jain | On 05 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

Economics Of Climate Change Mitigation In Central And West Asia

The ecological complexity of the Central and West Asian region gives way to diverse ecosystems with rich natural resources and hydrocarbon reserves; countries in this region are not only exposed to...

by Asian Development Bank Institute | On 04 May 2017

The informational role of algorithmic traders in the option market

This paper investigates the information role of algorithmic traders (AT) in the Nifty index option market. I analyse a unique dataset to test for information-based trading by looking at the effect of...

by Rohini Grover | On 04 May 2017

Dynamic Stochastic General Equilibrium (DSGE) Modelling :Theory And Practice

In recent years DSGE (dynamic stochastic general equilibrium) models have come to play an increasing role in central banks, as an aid in the formulation of monetary policy (and increasingly after th...

by DILIP NACHANE | On 04 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

World Employment Social Outlook

Over the past two decades, significant progress has been made in reducing poverty in the majority of countries. In emerging and developing countries, taken as a whole, it is estimated that nearly 2 bi...

by International Labour Organization [ILO] | On 14 Apr 2017

Discrimination as Favoritism: The Private Benefits and Social Costs of In-group Favoritism in an Experimental Labor Market

In this paper, we examine labor market favoritism in a unique laboratory experiment design that can shed light on both the private benefits and spillover costs of employer favoritism (or discriminatio...

by | On 30 Mar 2017

Groundwater Depletion, Adaptation and Migration: Evidence from Gujarat, India

Increasing water scarcity is expected to impact food production and the livelihoods of millions of farmers in semi arid developing countries over the next decades. Multiple studies project that this a...

by | On 22 Mar 2017

Marriage Markets in Developing Countries

This chapter reviews the literature on marriage in developing countries. We describe how marital matching occurs; the trends in age at marriage; assortative mating patterns; marriage payments; and spo...

by | On 16 Mar 2017

Budget 2017-18: Business as Usual

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

by M Govinda Rao | On 10 Mar 2017

Unequal India in an Unequal World: Causes, Consequences & Policy Options

Disparities in income and wealth have all along been present in almost every society across the world. However, the rate of increase in inequality in the distribution of income and wealth has been ala...

by | On 10 Jan 2017

Impact of Internet and Digitisation on SMBs in India

“Small and Medium Businesses (SMBs) form the backbone of the Indian economy making large contributions to important economic indicators as well as household incomes. Digital technologies have transfor...

by | On 05 Jan 2017

Going Cashless: Is India Ready for Digital?

Cash, alas, is not free; its use comes at a significant cost. I have studied the cost of cash in over 70 countries, in research outlined in a recent article in the Harvard Business Review, titled ‘The...

by | On 04 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

Skill Development : An Engine of Economic Growth

Indian economy is now trillion dollar economy. After introducing significant reforms in financial sector, we have improved efficiency and stability in our economy. As per most economists we will achie...

by | On 04 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

Cost of Controlling Water Pollution and its Impact on Industrial Efficiency

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

by Asha Gunawardena | On 23 Dec 2016

Costs of Selected Policies to Address Air Pollution in China

Air pollution has been one of the most pernicious consequences of China’s last three decades of economic transformation and growth. Although Chinese governments—federal, provincial, and municipal—have...

by | On 23 Dec 2016

Demographic Dividend in India

India is passing through the demographic transition and we hardly have 50 to 60 years more to utilise the demographic dividend. By mid of this century, India will have a huge population of 60 and old...

by Priya Sharma | On 23 Dec 2016

Migration, Scientific Diasporas and Development: Impact of Skilled Return Migration on Development in India

The contemporary discourse on migration and development is starting to consider the agency role of both diaspora communities and highly skilled returnees on equal terms, and we can observe how several...

by | On 19 Dec 2016

Indian Human Resources Mobility: Brain Drain versus Brain Gain

India is a major source of migrants, especially of highly-skilled and well-trained workers. This paper attempts to show that even with a high number of Indian talents abroad, India – as well as destin...

by | On 19 Dec 2016

Problems and Challenges of Urbanization in India: A Sociological Evaluation

The urbanization is a process which urban social and urban civilization forming gradually. On the way of urbanization, we develop the economy first and improve the quality of people’s life later. Alth...

by | On 14 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

E-governance, Accountability, and Leakage in Public Programs: Experimental Evidence from a Financial Management Reform in India

In collaboration with the Government of Bihar, India, a large-scale experiment is conducted to evaluate whether transparency in fiscal transfer systems can increase accountability and reduce corrupt...

by Abhijit Banerjee | On 02 Dec 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

Demonetization and its Impact

The move by the government to demonetize Rs.500 and Rs.1000 notes by replacing them with new Rs.500 and Rs.2000 notes has taken the country with surprise. The move by the government is to tackle the m...

by | On 18 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

Black Money, Corruption and Demonetisation

The demonetisation of currency after a long period of 38 years was a welcome and bold step taken by the Government of India on November 8, 2016. The last demonetisation was implemented in 1978 by wi...

by Martin Patrick | On 11 Nov 2016

Costs and Benefits of Urbanization: The Indian Case

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

by Kala Seetharam Sridhar | On 28 Oct 2016

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

The Ease of Doing Business Rank: An Assessment of its Macroeconomic Relevance

This paper examines the macroeconomic impact of World Bank’s Ease of Doing Business (EDB) rank, of increasing importance to policy makers, using simple but robust cross-country regressions. Its main f...

by | On 27 Oct 2016

Female Literacy and Access to Drinking Water in Rural India

Women and girl children spend considerable time to collect water for meeting the domestic needs of the households in rural areas of many developing countries. Thus, scarcity of water can have dispropo...

by | On 25 Oct 2016

Rehabilitating Children in Conflict with the Law: Opportunities and Challenges

While discussing about the problems and issues faced by children in India, we have overlooked a category of children that are almost always overlooked are the ‘Children in Conflict with the Law’. Man...

by HAQ Centre for Child Rights HAQCRC | On 24 Oct 2016

Agriculture 2.0: Towards a Global Revolution for Sustainability

The Sustainable Development Goal (SDG) on zero hunger is a top priority on the international agenda, and eliminating hunger globally is naturally and inevitably tied to farming. Therefore, the SDGs ha...

by | On 19 Oct 2016

Refugee Compacts: An Initial Framework

This brief outlines a particular iteration of a compact approach that incorporates critical components—such as shared outcomes for refugees, host country ownership and focus on longer-term transition,...

by Cindy Huang | On 10 Oct 2016

Productivity Dynamics in India's Service Sector: An Industry-Level Perspective

The rapid rise of service sector in India, as in its developing counterparts in Asia, follows the pattern of skipped industrialization and raises concern for sustaining economic growth in India. Whil...

by K L Krishna | On 10 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

Remittances and Informal Work

This paper studies the effects of remittances on informal employment in the migrants’ countries of origin, looking both at the remittance-receiving and non-migrant households. Using data from the Soci...

by | On 05 Oct 2016

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

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

by Ronny Thomas | On 03 Oct 2016

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

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

by Sunder Ramaswamy | On 29 Sep 2016

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

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

by Nadia Doytch | On 29 Sep 2016

Determinants of Outsourcing in the Automobile Sector in India

This study involves the determination of outsourcing based on the market structure technology imports and technical efficiency for the automotive sector in India. An important characteristic of this...

by Santhosh K. Sahu | On 26 Sep 2016

Agricultural Prices and Food Policy

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

by C S C Sekhar | On 20 Sep 2016

Challenges for Maternal Health Efforts

Financing problems, new global goals, and provision of good quality care are some of the key challenges facing the next era of improving maternal health.

by The Lancet Maternal Health Series | On 20 Sep 2016

A Study of Energy Efficiency in the Indian Iron and Steel Industry

The report begins with an overview of the Iron and Steel Industry in the context of its importance to Indian economy and introduces the objective of this study. The status of the industry by productio...

by | On 19 Sep 2016

Coping with Change: International Differences in the Returns to Skills

Expanded international data from the PIAAC survey of adult skills allows this paper to analyze potential sources of the cross-country variation of comparably estimated labor-market returns to skills i...

by | On 19 Sep 2016

Coping with Water Scarcity. Challenge of the 21st Century

Produced on the occasion of World Water Day 2007, which focused on the issue of water scarcity, this publication addresses the challenges of water scarcity in relation to climate change, rural areas,...

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

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

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

by P.K. Joshi | On 16 Sep 2016

Changing Nature of FDI: Need to Re-examine the Productivity Spillovers

FDI productivity and technology spill over theories were developed during a period when manufacturing sector dominated FDI flows, and European and the US MNEs enjoyed higher productivity levels compar...

by N S Siddharthan | On 11 Sep 2016

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

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

by Navyashree G. R. | On 08 Sep 2016

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

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

by Deepthi Mary Mathew | On 07 Sep 2016

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

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

by | On 06 Sep 2016

ICT in Agriculture: Connecting Smallholders to Knowledge, Networks, and Institutions

Enhancing the ability of smallholders to connect with the knowledge, networks, and institutions necessary to improve their productivity, food security, and employment opportunities is a fundamental de...

by World Bank [WB] | On 01 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

Migrant Workers in Saudi Arabia

One of the wealthiest countries in the Middle East, the Kingdom of Saudi Arabia is also one of the largest exporters of oil, and as such, one of the most influential in the region. Despite this, more...

by | On 25 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

Food Security and Agricultural Development in Times of High Commodity Prices

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

by | On 24 Aug 2016

The Externalities of Civil Strife: Refugees as a Source of International Conflict

Domestic strife and civil war frequently produce large population dislocations and refugee flows across national boundaries. Mass refugee flows often entail negative consequences for receiving states,...

by | On 23 Aug 2016

Environmentally Induced Migration from Bangladesh to India

Environmental crisis in the rural areas of developing countries is increasingly becoming an important cause of cross-border migration of population and South Asia is no exception to this phenomenon. S...

by | On 22 Aug 2016

‘Full’ Compensation Criteria in the Law of Torts: An Enquiry into the Doctrine of Causation

This paper studies the entire class of liability rules, and considers the bilateral care accidents. It is shown that the ‘causationconsistent’ liability provides a basis for an efficiency characteriz...

by Ram Singh | On 19 Aug 2016

Diversity in Donorship: The Changing Landscape of Official Humanitarian Aid

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

by | On 19 Aug 2016

Vital Stats: Parliament during Monsoon Session 2016

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

by Kusum Malik | On 16 Aug 2016

An Introduction to the Basic Concepts of Food Security

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

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

The Clinical and Public Health Challenges of Diabetes Prevention: A Search for Sustainable Solutions

The economic cost of dealing with the consequences of diabetes is not only a threat to health systems but is a far broader economic and social problem and thus a threat to future long-term sustainable...

by Nicholas J Wareham | On 16 Aug 2016

Gender Dimensions at Work and Employment: A Case of Sexual Harassment

The present study is an effort towards the effective implementation of this welfare piece of legislation for women and deals with employer’s perspective on sexual harassment, existing mechanism for...

by Shashi Bala | On 10 Aug 2016

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

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

by Sudha Narayanan | On 10 Aug 2016

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

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

by Cecilia Olivet | On 10 Aug 2016

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

Sustainable Agriculture and Food Security in LDCs

70% of the population engaged in agriculture. The vast majority of the poor and food insecure are in rural areas. Therefore poverty alleviation and food security must start in these areas. The most cr...

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

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

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

by Jarilkasin Ilyasov | On 08 Aug 2016

Will Services be the New Engine of Economic Growth in India?

This paper revisits the role of manufacturing and services in economic development in the light of the following new facts: (a) a faster growth of services than that of manufacturing in many developin...

by | On 08 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

Anatomy of Input Demand Functions for Indian Farmers across Regions

This study models the optimum use of production inputs and analyse the behaviour of input demand functions of agricultural production through restricted transcendental logarithm profit function for...

by Shrabani Mukherjee | 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

Universal PDS: Efficiency and Equity Dimensions

India being home to the largest number of poor and malnourished population in the world, the tabling of National Food Security Bill has renewed the public pressure for universalization of PDS in Ind...

by Sowmya Dhanraj | On 03 Aug 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

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

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

by | On 19 Jul 2016

Social Sector in India: Issues and Challenges

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

by Padmaja Mishra | On 19 Jul 2016

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

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

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

by S.Mahendra Dev | On 12 Jul 2016

Reaping India’s Promised Demographic Dividend

India is expected to become one of the most populous nations by 2025, with a headcount of around 1.4 billion1. The country’s population pyramid is expected to “bulge” across the 15–64 age bracket over...

by | On 11 Jul 2016

Indonesian Labor Migrants in Malaysia: A Study from China

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

by | On 08 Jul 2016

Migration of Highly Skilled Persons From Developing Countries: Impact and Policy Responses

The synthesis report prepared by Professors Lowell and Findlay addresses the issues of the impact of high skilled emigration on developing countries, and the policy mixes and options available to both...

by | 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

Guidelines For Improving Water Use Efficiency in Irrigation, Domestic & Industrial Sectors

There is a need for a paradigm shift in approach from development to efficient management by making concerted efforts to achieve higher standards of efficiency in water use in all the three sectors....

by Ministry of Water Resources GOI | On 04 Jul 2016

The Effect of Pollution on Worker Productivity: Evidence from Call-Center Workers in China

The paper investigates the effect of pollution on worker productivity in the service sector by focusing on two call centers in China. Using precise measures of each worker’s daily output linked to dai...

by Tom Chang | 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

Can Labour Market Imperfections Explain Changes in the Inverse Farm Size-Productivity Relationship?: Longitudinal Evidence from Rural India

To understand whether and how inverse relationship between farm size and productivity changes when labor market performance improves, we use large national farm panel from India covering a quarter-cen...

by IFPRI International Food Policy Research Institute | On 29 Jun 2016

Global Economic Prospects at 25

Although global growth is projected to accelerate gradually, a wide range of risks threaten to derail the recovery, including a sharper-than-expected slowdown in major emerging markets, sudden escalat...

by World Bank [WB] | On 29 Jun 2016

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

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

by Michael Jetter | On 28 Jun 2016

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

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

by Sumon Kumar Bhaumik | On 27 Jun 2016

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

Can Labor Market Imperfections Explain Changes in the Inverse Farm Size–Productivity Relationship? Longitudinal Evidence from Rural India

The existence of an inverse relationship between farm size and output per unit of land is well documented. However, little research focuses on if and how an inverse relationship between farm size and...

by Klaus Deininger | On 27 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

Draft National Forest Policy, 2016

There was a felt to revise the National Forest Policy, 1988 to integrate the vision of sustainable forest management based on the principles of ecosystem approach, landscape level planning and the...

by Indian Institute of Forest Management IIFM | On 21 Jun 2016

Nutrition and Agriculture

Agriculture and nutrition are linked in many ways. People have long recognized the most obvious connection—food security is one of the three pillars of good nutrition, along with good care and good he...

by Lawrence Haddad | On 17 Jun 2016

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

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

by | On 17 Jun 2016

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

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

by Daniel LaFave | On 17 Jun 2016

Desertification and Land Degradation: Atlas of India

Land degradation and desertification pose an ever - increasing global environmental threat. Human activities such as over cultivation, overgrazing, deforestation and poor irrigation practices, along...

by Indian Space Research Organisation ISRO | On 17 Jun 2016

Federal Budget of Pakistan 2016

Budget speech of Pakistan 2016-17.

by Mohammad Ishaq Dar | On 17 Jun 2016

How to Encourage Farmers to Adapt to Climate Change?

This study is an attempt to use group information collected from different farmers (e.g.marginal, small, and medium farmers and tenants) in eastern Uttar Pradesh in India to address a question relevan...

by Amarnath Tripathi | On 16 Jun 2016

Optimal Unemployment Benefit Policy and the Firm Productivity Distribution

This paper provides a novel justification for a declining time profile of unemployment benefits that does not rely on moral hazard or consumption-smoothing considerations. It considers a simple search...

by Tomer Blumkin | On 15 Jun 2016

The Effect of Political and Labour Unrest on Productivity: Evidence from Bangladeshi Garments

The paper examines the effects of political strikes and labour unrest on production in 33 large ready-made garment factories in Bangladesh. We find that the political strikes (hartals) lasting one or...

by | On 08 Jun 2016

Compendium on Soil Health

Government of India is promoting integrated nutrient management (INM) balanced and judicious use of chemical fertilizers, bio-fertilizers and locally available organic manures like farmyard manure,...

by Ministry of Agriculture GOI | On 08 Jun 2016

Property Rights and Gender Bias: Evidence from Land Reform in West Bengal

While land reforms are typically pursued in order to raise productivity and reduce inequality across households, an unintended consequence may be increased within-household gender inequality. We analy...

by | On 03 Jun 2016

The Tradeoffs between GHGs Emissions, Income Inequality and Productivity

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

by Unmesh Patnaik | On 03 Jun 2016

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

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

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

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

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

by Daniel LaFave | On 31 May 2016

Fairness for Children: A League Table of Inequality in Child Well-Being in Rich Countries

This Report Card presents an overview of inequalities in child well-being in 41 countries of the European Union (EU) and the Organisation for Economic Co-operation and Development (OECD). It focuses o...

by | On 31 May 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

Can Industry be the Key to Pro-poor Growth? An Exploratory Analysis for India

This study focuses on the manufacturing sector in the Indian context. Though both components – organized and unorganized – have been looked into, the emphasis is on the employment aspect of the organi...

by | On 27 May 2016

Understanding Productivity in the Pakistani Garment Sector: Comparisons with Bangladesh

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

by | On 26 May 2016

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

Innovation (and Upgrading) in the Automobile Industry: The Case of India

This paper focuses on the automobile industry and examines the nature of global value chains in it with reference to the case of India. The aim is to explore the relation between lead firms, particula...

by Saon Ray | On 23 May 2016

Does Agricultural Credit Play Any Role in Reducing Rural Poverty in Bangladesh?

Since its independence the government of Bangladesh had taken various measures to reduce the intensity of poverty on rural people in Bangladesh. Therefore, the purpose of this study is to examine wh...

by Mahfuza Akther | On 20 May 2016

World Employment and Social Outlook 2016 – Transforming Jobs to End Poverty

This edition of the World Employment and Social Outlook (WESO) examines the relationship between decent work and poverty reduction. It starts by documenting trends in poverty around the world while pa...

by International Labour Organisation ILO | On 19 May 2016

The Republic of Korea’s Economic Growth and Catch-Up: Implications for the People’s Republic of China

This study investigates the economic growth and catch-up of the Republic of Korea over the past half-century. The gap of output per worker between the Republic of Korea and United States has decreas...

by Jong-Wha Lee | On 19 May 2016

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

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

by Cornelis Haasnoot | On 18 May 2016

Housing Policy in the Republic of Korea

This paper evaluates housing policy in the Republic of Korea over the past several decades, describes new challenges arising from the changing environment, and draws lessons for other countries. The m...

by Kyung-Hwan Kim | On 18 May 2016

Economics and Biodiversity

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

by Prakash Nelliyat | On 17 May 2016

Vital Stats: Parliament Functioning in Budget Session 2016

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

by Kusum Malik | On 17 May 2016

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

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

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

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

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

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

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

by Mahinda Wijesiri | On 02 May 2016

Stitches to Riches? Apparel Employment, Trade, and Economic Development in South Asia

This report is aimed at better informing that debate by demystifying the global and South Asian apparel markets, estimating the potential gains in exports and jobs (including for women), and identify...

by Gladys Lopez Acevedo | On 29 Apr 2016

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

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

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

The Patents (Amendment) Act, 2005

A Patent Act is a country's legislation that controls the use of patents. A patent is a set of exclusive rights granted by a sovereign state to an inventor or assignee for a limited period of time in...

by Ministry of Law, Justice and Company Affairs GOI | On 27 Apr 2016

The Patents (Amendment) Act, 2002

A Patent Act is a country's legislation that controls the use of patents. A patent is a set of exclusive rights granted by a sovereign state to an inventor or assignee for a limited period of time in...

by Ministry of Law, Justice and Company Affairs GOI | On 27 Apr 2016

God’s Own Country – Moving Towards Universal Health Coverage in Kerala – Piloting in the Districts of Malappuram and Palakkad

The report ‘God’s Own Country, Moving Towards Universal Health Coverage in Kerala, Piloting in the Districts of Malappuram and Palakkad’, 2016 provides details and in-depth understanding of the Univer...

by Sunil Nandraj | On 21 Apr 2016

Maritime Failures

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

by T.N. Ninan | On 16 Apr 2016

International Food Security Assessment, 2015-2025

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

by Anthony Murray | On 12 Apr 2016

Monitoring and Evaluating Progress towards Universal Health Coverage in India

While Universal health coverage (UHC)is not new to India, it was only in 2011 that the government appointed a high level expert group to develop a strategy to achieve UHC. Many of the recommendations...

by Thiagrajan Sundararaman | On 12 Apr 2016

The 2016 National Budget: Philippines

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

by Strategic Communication Unit Philippines | On 11 Apr 2016

The 2016 Budget Speech: Malaysia

Budget speech by Finance Minister of Malaysia.

by Minister of Finance Malaysia | On 06 Apr 2016

Rules of the Monetary Game

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

by Prachi Mishra | On 31 Mar 2016

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

Impacts of Rural-Urban Cleavages and Cultural Orientations on Attitudes toward Elements of Democracy: A Cross-National, Within Nation Analysis

This paper follows the lead in substituting variable names for national social systems from the project on “Democratization and Value Change in East Asia.” Specifically, it investigates the associatio...

by Robert Albritton | On 21 Mar 2016

Budget Speech Odisha-Part 1: 2016-17

Budget Speech by Pradip Kumar Amat.

by Pradip Kumar Amat | On 21 Mar 2016

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

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

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

by | On 18 Mar 2016

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

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

This report recommends the creation of a National Roads and Funding Administration and a central road trust fund with dedicated revenues; changes to roles and responsibilities of different levels of g...

by Asian Development Bank Institute | On 17 Mar 2016

Maldives Overcoming the Challenges of a Small Island State Country Diagnostic Study

This report identifies four critical constraints to inclusive growth in the Maldives: (1) inadequate and poor quality maritime infrastructure that constrains connectivity, limits provision of basic go...

by Asian Development Bank Institute | 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

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

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

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

by Alwin D’souza | On 16 Mar 2016

Budget Speech Andhra Pradesh 2016-17

Budget Speech of Yanamala Ramakrishnudu Minister of Finance.

by Yanamala Ramakrishnudu | On 16 Mar 2016

Imperfect Certification under Cournot Duopoly

Environmental quality is often a credence good and consumers are unable to distinguish between green and brown products. The paper aims to investigate the role of certification in providing informatio...

by Charu Grover | On 15 Mar 2016

The Role of Technological Conditions of Production in Explaining India's Manufacturing Growth, 1998-99 to 2007-08: Some Policy Perspectives

This paper tries to explain India’s manufacturing growth performance in terms of the technological conditions of production, namely, the returns to scale (RTS) and the elasticity of substitution (ES)...

by Alokesh Barua | On 15 Mar 2016

Cross-Country Analysis of Composition of Human Capital and Total Factor Productivity Growth depending on its Distance to Frontier

This paper empirically examines human capital’s contribution to economy-wide technological progress and also on technical efficiency gain depending on its distance to frontier in a panel of 75 countri...

by Sujata Basu | On 15 Mar 2016

The Role of Services in Enhancing Indian Manufacturing Exports: A Firm Level Analysis, 2000-01 to 2011-12

This paper tries to examine and assess the contribution of services towards India’s manufacturing exports at the firm level. The findings confirm that services have contributed to enhanced export comp...

by Sonia Mukherjee | On 15 Mar 2016

Science Research and Knowledge Creation in Indian Universities: Theoretical Perspectives and Econometric Evidence

This paper presents an economic analysis of science research and knowledge creation in Indian universities. We posit that faculty’s research effort is an outcome of her optimum time allocation decisio...

by Sabyasachi Saha | 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

Improving Energy Efficiency and Reducing Emissions Through Intelligent railway Station Buildings

This report aims to support the national carbon emission reduction plan in railway station buildings; to learn and make use of the advanced technologies in international building management; and to en...

by Asian Development Bank Institute | On 15 Mar 2016

Cambodia Addressing the Skills Gap Employment Diagnostic Study

Cambodia has made great strides toward sustained rapid and inclusive economic growth since its political environment stabilized in 1999. Its 7.8% average annual growth since then has dramatically brou...

by Asian Development Bank Institute | On 15 Mar 2016

Challenges and Opportunities for Skills Development in Asia Changing Supply, Demand and Mismatches

The education systems in Asia, including technical and vocational education and training (TVET), were well suited at the time to allow Asia to become the world’s assembly line. In simple terms, formal...

by Sungsup Ra | On 15 Mar 2016

Asia SME Finance Monitor 2014

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

by Asian Development Bank Institute | On 15 Mar 2016

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

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

by Asian Development Bank Institute | On 15 Mar 2016

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

Export-Led Development, Employment and Gender in the Era of Globalization

Developing countries continue to face substantial underemployment, working poverty and informality of employment across various regions. In particular, women are more likely to be affected by higher l...

by | On 15 Mar 2016

Disaster Risk Management in Asia and the Pacific

The study considers key trends, in terms of disaster incidence, sources of vulnerability, and social and economic impacts. This is followed by discussions of some of the major issues: compound disaste...

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

Winners and Losers in the Arab Awakening

On January 25, 2012, one year has passed since the protests began on Cairo’s Tahrir Square. Events in the Middle East and North Africa over the past year have altered many previously held beliefs abou...

by | On 14 Mar 2016

US-DPRK Bilateral Talks

The United States and North Korea resumed talks in Beijing on February 23–24, 2012, after a delay following the death of Kim Jong Il two months ago. Present at the talks were a delegation of the DPRK...

by Sangsoo Lee | 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

Arsenic Contamination in Water: A Conceptual Framework of Policy Options

Arsenic contamination in water supplies continues to increase in many countries, especially in developing nations, thereby creating both environmental and health hazard. Its sources and effects are mu...

by Zareena Begum Irfan | 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

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

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

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

Productivity, Energy Intensity and Output: A Unit Level Analysis of the Indian Manufacturing Sector

This study examines the Total Factor Productivity (TFP) growth of the preexisting units on a balanced sample for ten years (1998-1999 to 2007- 2008) following the Levinsohn and Petrin (2003) technique...

by Santosh Kumar Sahu | On 11 Mar 2016

Effect of Macroeconomic News Releases on Bond Yields in India China and Japan

This paper studies the effect of domestic macroeconomic news releases on the change in the bond yields of India, China and Japan. We apply event study method to observe whether the large set of new in...

by Sreejata Banerjee | 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

Mimap Synthesis Report: Major Conclusions and Policy Implications

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

by A.R. Kemal | On 10 Mar 2016

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

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

by Kenn Chua | On 10 Mar 2016

Unraveling Firms: Demand, Productivity and Markups Heterogeneity

The paper develops a new econometric framework that simultaneously allows recovering heterogeneity in demand, TFP and markups across firms while leaving the correlation among the three unrestricted. W...

by Emanuele Forlani | On 09 Mar 2016

Stagnation Traps

The provide a Keynesian growth theory in which pessimistic expectations can lead to very persistent, or even permanent, slumps characterized by unemployment and weak growth. We refer to these episodes...

by Gianluca Benigno | 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

Transnational Organised Crime and its Ever¬- growing Threat

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

by S. Rajaratnam International Studies | On 04 Mar 2016

Post¬- Election Violence

There were expectations that the Ivory Coast presidential election in November 2010 would put an end to the North¬South divide that had emerged in the country since the 2002 civil war. Instead, the...

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

Exercising the Responsibility to Assist: The Roles Of the International Community And Cambodian Civil Society

This Alert examines the role of intergovernmental and non-governmental stakeholders in promoting human security in Cambodia through transitional justice. It maps out the relations between and among th...

by | On 02 Mar 2016

Falling from Grace: Nuclear Energy in Japan Post ¬Fukushima

Prior to the triple disaster of March 2011, Japan was perceived as one of the more well-prepared nations in the world in the area of disaster response. However, the earthquake, tsunami and most partic...

by Sofiah Jamil | On 02 Mar 2016

Fights Over Land Rights in Indonesia

In recent weeks, Indonesia experienced a series of demonstrations over land rights in various parts of the country. While land rights controversies are not uncommon in Indonesia, the new wave of dis...

by S. Rajaratnam International Studies | On 02 Mar 2016

Health Training Programme for Adolescent Girls: Lessons from India’s NGO Initiative

India at present is under going demographic transition in which the adolescents and youths constitute nearly half of the population. Although adolescence is a healthy stage of life, their sexual and r...

by | On 01 Mar 2016

Government Health Financing in India: Challenges in Achieving Ambitious Goals

The Government of India has publicly committed to a doubling or trebling of government health spending by 2012 and launched a major program, the National Rural Health Mission (NRHM), to help spend the...

by Peter Berman | On 01 Mar 2016

Decentralization and Local Service Provision : What Do We Know?

What do we know about the results of decentralized service delivery? Verifying outcomes and results of decentralized policies is a very challenging exercise, given the large number of stakeholders inv...

by Ehtisham Ahmad | On 01 Mar 2016

Vital Stats: Union Budget 2016-17

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

by Mandira Kala | On 01 Mar 2016

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

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

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

Railroads of the Raj: Estimating the Impact of Transportation Infrastructure

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

by Dave Donaldson | On 29 Feb 2016

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

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

by Toshiyuki Shimada | On 29 Feb 2016

Where Have All The Small Farmers Gone! The Story of Agriculture and the Small Indian Farmer

The increasingly worsening state of small farmers in an 'agriculture-predominant' India is most tragic and a matter of grave injustice. This state of affairs is tragic also from the larger perspective...

by Vijay Negi | On 29 Feb 2016

The Future of Australia's Productivity: Some Insights from Productivity Analysis

The Productivity Commission program of studies on the productivity of different sectors — to date, Mining, Electricity, gas and water, and Manufacturing — provide some insight into what lies behind th...

by Jenny Gordon | On 29 Feb 2016

Growth Pole Programme For Unorganised Sector Enterprise Development

Government of India constituted the National Commission for Enterprises in the Unorganised Sector (NCEUS) in September 2004 as an advisory body and a watchdog for the informal sector to bring about im...

by National Commission for Enterprises in the Unorgan NCEUS | 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

The New Economic Case for Migration Restrictions: An Assessment

In this paper, a review of the literature on the global efficiency consequences of migration and assess a new strand of that literature. This is the new economic case for migration restrictions, which...

by Michael Clemens | On 27 Feb 2016

Planning for Asian food security towards 2025

Higher investment in the agricultural and food sectors, food price stability and regulatory barriers are among the key issues for Asia, according to experts at a recent meeting to discuss the region...

by S. Rajaratnam International Studies | On 27 Feb 2016

Women in Southeast Asia: From Equality to Development

2015 marks the 20th anniversary of the United Nations Conference on Women, held in Beijing in September 1995. While the world takes stock of how far we have come in terms of acknowledging women’s righ...

by S. Rajaratnam International Studies | On 27 Feb 2016

Financing of Urban Local Bodies in India

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

by Charan Singh | On 27 Feb 2016

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

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

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

by Ehtisham Ahmad | On 26 Feb 2016

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

Gossip and the Efficiency of Interactions

Human communication in organizations often involves a large amount of gossiping about others. Here we study in an experiment whether gossip affects the efficiency of human interactions. We let subject...

by | On 26 Feb 2016

Health Sector Financing by Centre and States / UTs in India

Public expenditure data has been sourced from the States' budget documents, detailed demand for grants of Ministry of Health & Family Welfare and other Central Ministries/Departments. This document gi...

by Ministry of Health and Family Welfare H & FW | On 25 Feb 2016

Indian Railway Budget Speech 2016-17

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

by Suresh Prabhakar Prabhu | On 25 Feb 2016

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

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

by S. M. Hussain | On 25 Feb 2016

Challenges in Health Services Trade: Philippine Case

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

by Maria Cherry Rodolfo | On 25 Feb 2016

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

Integration and Trade Specialization in East Asia

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

by Yose Damuri | On 24 Feb 2016

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

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

by Ramgopal Agarwala | On 24 Feb 2016

Migrant Workers and the Right to Labour

There has been some public discussion on the issue of labour migrants and its supposed impact on the productivity of the national labour force. How true is this? Or is this simply another episode in t...

by | 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

Impact of Management Practices on Employee Effectiveness in South Asia

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

by Zafar Qureshi | On 24 Feb 2016

Report on “Regional Consultation on the Responsibility to Protect

Five years have passed since the signing of the 2005 World Summit Outcome Document, when United Nations (UN) member states agreed to the Responsibility to Protect (RtoP). Contained in paragraph 138 of...

by S. Rajaratnam International Studies | On 24 Feb 2016

A Critical Analysis of Purchasing of Health Services in the Philippines: A Case Study of PhilHealth

This study is a critical analysis of health services purchasing undertaken by Phil Health which implements the National Health Insurance Program of the Philippines. Purchasing is about how an institut...

by Oscar F. Picazo | On 24 Feb 2016

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

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

by Roehlano M. Briones | On 24 Feb 2016

India’s Light Combat Aircraft Programme: a Costly Delay

The inordinate delays in the indigenous production of India’s Light Combat Aircraft (LCA) have taken a considerable toll of human lives, caused by the malfunctioning of the ‘stop-gap’ foreign flying m...

by | On 24 Feb 2016

The Determination of Contracts in Agricultural Economies

This paper aims to analyze how contracts are determined and modified given diverse agricultural settings and to examine the implications of these changes with respect to their efficiency, distribution...

by Leonardo Lanzona | On 24 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

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

Dissecting the China Puzzle: Asymmetric Liberalization and Cost Distortion

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

by Huang Yiping | On 22 Feb 2016

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

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

Changing Population In Japan And A Life-Long Active Society To Cope With It

Japan's ageing population also has a sort of depth. By “depth,” I mean that within the older population itself the proportion of very old people aged 75 years old and over is increasing particularly r...

by Atsushi Seike | On 21 Feb 2016

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

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

by John Wilson | On 21 Feb 2016

The Economic Effects of a Borrower Bailout Evidence from an Emerging Market

This paper studies the credit market implications and real effects of one the largest borrower bailout programs in history, enacted by the government of India against the backdrop of the 2008–2009 fin...

by Xavier Giné | On 21 Feb 2016

Asian Monetary Integration: A Japanese Perspective

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

by Masahiro Kawai | On 21 Feb 2016

Green Growth and Equity in the Context of Climate Change: Some Considerations

Green growth entails several different kinds of processes: conversion to low-carbon energy, climate resilience, and response to climate shocks. Equity implies a fair sharing of the costs, within count...

by Jeffrey D. Sachs | On 21 Feb 2016

Thailand’s Floods: Political and Security Impact

The devastating floods in Thailand add another dimension to the range of security threats to the country. What are the political and security implications of the floods on Thailand?

by | On 20 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

Value Capture as a Land Based Tool to Finance Development

Based on the recent publication ‘Implementing Value Capture in Latin America’ the Director of the Latin American Program at Lincoln Institute of Land Policy, MartimSmolka, explains the mechanism of va...

by Martim Smolka | 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

Pro-Poor Solid Waste Management

MarijkHuysman bases her lecture on the importance of accessible and effective urban waste collection services for public health, environmental conditions, productivity and aesthetics of cities. Yet ev...

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

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

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

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

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

by Kaushik Ganguly | On 18 Feb 2016

Food Security: What It Means for a Food-Importing Country

Most countries depend on three “food taps” – imports, self-production, reserve stocks – to make food available. All countries import some amount of food to meet their increasingly diverse dietary dema...

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

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

Implications for Investment in ASEAN Agriculture

Successful implementation of the AEC2015 should have a positive impact on ASEAN’s agri-food sector, leading to improved food availability for the region and increased exports. Sadly, early signs are n...

by | On 16 Feb 2016

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

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

by Abdul Qayyum | On 16 Feb 2016

Impact of Export Subsidies on Pakistan’s Exports

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

by Nadeem Ul Haque | On 16 Feb 2016

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

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

by Tariq Mahmood | On 16 Feb 2016

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

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

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

by Yothin Jinjarak | On 16 Feb 2016

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

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

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

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

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

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

Standards on Political Funding and Favours

When corruption distorts political party and campaign financing, candidate competition is warped, elections are undermined and the quality of government is compromised. This paper sets forth standards...

by Transparency International TI | 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

Growth Diagnostics in Pakistan

Following the Hausmann, et al. (2005) methodology, an attempt is done to identify the constraints to growth in Pakistan. It is argued that governance failure and institutional shortcomings are the h...

by Abdul Qayyum | 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

After the Conflict: Nation-Building and Corruption

Globally, there are 26 ongoing armed conflicts and nearly one sixth of the world’s population lives in so-called ‘weak governance’ zones.1 In 2009 alone, the United Nations estimated that 42 million p...

by Transparency International TI | On 12 Feb 2016

Monitoring Climate Adaptation Financing to Ensure Effectiveness

Financing efforts by countries to adapt to climate change will require enormous amounts of resources and investments, both from the public and private sectors. How climate financing is generated, gove...

by Transparency International TI | On 12 Feb 2016

2015 and Beyond: The Governance Solution for Development

There are fewer than 1000 days remaining until the 2015 deadline for achieving the Millennium Development Goals (MDGs). Based on current progress, many will not be achieved. For Transparency Internati...

by Transparency International TI | On 12 Feb 2016

Manufacturing for Growth Strategies for Driving Growth and Employment

In Davos 2012, business leaders reviewed the output of The Future of Manufacturing project, which asked How are global value chains evolving? The Manufacturing for Growth initiative asks What should b...

by | On 11 Feb 2016

Climate Adaptation: Seizing the Challenge

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

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

Intelligent Assets: Unlocking the Circular Economy Potential

The impending digital transformation of the Fourth Industrial Revolution holds the potential to redefine the very basis of our materials-reliant industrial economy. Enabled by the internet of things,...

by World Economic Forum [WEF] | 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 Decent Work Agenda: A Gender Perspective

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

by | On 10 Feb 2016

Multilateralism and China–UN Relations

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

by | On 09 Feb 2016

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

The Role of Informal Cross-border Trade in Myanmar

In a country where there are constraints in formal practices, informal activities normally arise. Informal practices are not necessarily illegal and bad, however some of them tend to occupy a grey are...

by | On 09 Feb 2016

Aquaculture: Issues and Opportunities for Sustainable Production and Trade

This issue paper – published in the context of the ICTSD project on Fisheries, International Trade and Sustainable Development – aims to contribute to debates to develop fisheries and trade policies a...

by | On 08 Feb 2016

Ensuring An Efficient, Effective And Equitable Green Climate Fund

Today’s climate financing landscape poses a number of governance challenges. It is characterised by fragmentation and weak coordination, begging better clarity, connectivity and accountability for tho...

by Transparency International TI | On 07 Feb 2016

Achieving Greater Disclosure In The Oil And Gas Industry

Natural resources can bring considerable amounts of wealth to a country. But transparency must be present for these riches to benefit citizens. Strong disclosure policies on the part of companies help...

by Transparency International TI | 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

Whistleblower Protection And The Un convention Against Corruption

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

by Transparency International TI | On 06 Feb 2016

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

Violence Against Women at the Workplace

Violence against women at the workplace is a major problem, though the statistical evidence is not well developed for many countries. This report aims at gaining a better insight into the extent to wh...

by Kea Tijdens | On 05 Feb 2016

It Belongs To You: Public Information in The Middle East And North Africa

This report is part of a larger, region-wide project, entitled ‘Addressing Corruption Through Information and Organized Networking’ (ACTION). ACTION is a four-country project covering Egypt, Morocco,...

by Transparency International TI | 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

Corruption Perceptions Index 2014

Based on expert opinion from around the world, the Corruption Perceptions Index measures the perceived levels of public sector corruption worldwide, and it paints an alarming picture. Not one single c...

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

The Golden Rule: A Remedy for Decadence in Global Health-ppt

Randomized Controlled Trials (RCTs) conducted compared cervical screening to no screening whatsoever. All three RCTs included scientifically pointless unscreened control groups. All three RCTs incorpo...

by Eric Suba | On 04 Feb 2016

The Inter-linkages between Democracy and Per Capita GDP Growth: A Cross Country Analysis

The empirical growth literature gives no clear indication as to how democracy impacts growth; there is evidence of both positive and negative effects and also of no direct link in democracy and growth...

by Madeeha Gohar Qureshi | 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

Pak-SAARC Intra-industry Trade

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

by Adnan Akram | On 03 Feb 2016

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

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

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

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

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

Structural Change, Global Imbalances, and Employment in the Least Developed Countries

This paper addresses the effects of changes in the level and composition of global demand, and especially of global rebalancing, on trade flows and employment from a demand perspective. It emphasizes...

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

An Analysis of Accrual Anomaly in Case of Karachi Stock Exchange

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

by Jawad Mohammad | On 03 Feb 2016

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

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

by Syed Akther Shah | On 02 Feb 2016

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

The Copts of Egypt: "State Discrimination and Exclusion"

This paper looks the factors which gave birth to a common Coptic identity in opposition to the state. Have the Copts been compelled to adopt this common identification to resist the state's policies t...

by | On 02 Feb 2016

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

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

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

Rural Transport, Safety and Security

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

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

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

Developing Technologies for Sustainable Fisheries in Asia

Governments in Asia must prioritise technologies that improve fishery productivity to meet the growing local and international demand for fish. This increased productivity must be sustainable, however...

by The WorldFish Center TWC | On 01 Feb 2016

Research Imperatives for the Indian Banking Sector

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

by S.S. Mundra | On 01 Feb 2016

World’s Youth 2013: Data Sheet

Girls and boys in developing countries are enrolling in secondary school in greater numbers than ever before, giving them knowledge and skills for healthy, productive lives. While this is good news, m...

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

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

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

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

Technology Transfer and Climate Change: Beyond TRIPS

The introduction and diffusion of new technologies is crucial in meeting the challenges of climate change and fostering a rapid transition to a low-carbon economy. Such technologies are expected to in...

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

The Challenges of Adapting to a Warmer Planet for Urban Growth and Development

The United Nations estimates that more than half of the world’s population lives in urban areas. It is expected that the proportion of city dwellers globally will have risen to three quarters by 2050,...

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

Governments Need to Push for More Energy Efficient End-Use Technologies

About 2.7 billion people do not have access to modern energy. Without it, they have little chance of achieving a decent living standard. Much more economic progress is needed to lift the living standa...

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

Financing the Green Technological Transformation

Sustainable development requires a fundamental, global green technological transformation over the next 30 to 40 years. Otherwise, it will be impossible to simultaneously meet the goals of ending pove...

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

Why Global Health Funds should be Consolidated

Over the past decade, international donors increased financing for health in developing countries substantively. Much of the additional support has come from the rapid expansion of so-called vertical...

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

The Potential of Financial Transaction Taxes for Development Financing

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

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

Challenges of Financing Human and Sustainable Development

Accelerating progress to achieve the Millennium Development Goals (MDGs) will serve to advance human development and also to lay a solid foundation for the pursuance of sustainable development goals a...

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

Sri Lanka Demographic Transition Facing the Challenges of an Aging Population with Few Resources

This report discusses some of the economic implications of demographic transition in Sri Lanka, focusing n employment and productivity related issues on one side; and performance of cash transfer prog...

by World Bank [WB] | 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

Integrating Urban Agriculture and Forestry Into Climate Change Action Plans: Lessons From Western Province, Sri Lanka And Rosario, Argentina

Climate change adds to the existing challenges faced by cities. Cities – as net consumers rather than producers of food – are already highly vulnerable to the disruption of critical food and other sup...

by Marielle Dubbeling | On 30 Jan 2016

Climate-Smart Agriculture in Sri Lanka

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

by World Bank [WB] | On 30 Jan 2016

Trade Policy and Food Security: Farm Policies of Developed Countries: What Kind of Trade Policy Framework is needed to Support Food Security Goals?

Farm Policies in developed countries have been widely blamed for creating problems for food security in developing countries. These problems have included high barriers to developing country exports,...

by | On 30 Jan 2016

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

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

by Reji K Joseph | On 30 Jan 2016

International Food Safety Standards and India's Food Exports An Analysis Based on Gravity Model Using Three-Dimensional Data

The paper tries to understand precisely how the food safety regulations applied by the industrialized countries have an effect on India’s export of processed food to these markets. It also examines th...

by Rajesh Mehta | On 30 Jan 2016

Assessing Barriers to Trade in Services in India

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

by Prabir De | On 30 Jan 2016

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

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

by Hasan Shahzad | On 30 Jan 2016

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

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

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

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

by | On 29 Jan 2016

Trade Preferences for the Least Developed Countries: Opportunities Not Panaceas

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

by | On 29 Jan 2016

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

Promoting Land Development in India and China: Imperatives for Institutional Changes

This paper compares the experiences in India and China and draws lessons for policy formulation. The important lessons are: (a) self-financing nature of FLC/SWC is a crucial factor for achieving effec...

by Jeemol Unni | 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

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

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

by Ulrike Nischan | On 28 Jan 2016

Payments Banks: Support Policy Framework for Enhancing Viability and Inclusion

The paper reviews the payment guidelines issued by the Reserve Bank of India, global experiences for non-banks in payments and the lessons therefrom. It also outlines the recent developments in financ...

by | On 27 Jan 2016

Financing for Farmer Producer Organisations (FPOs)

The policy paper examines the financing for Farmer Producer Organisations and offers recommendations to initiate discussion by the policymakers, financiers and practitioners to design appropriate poli...

by United Nations Development Programme (UNDP) | On 27 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

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

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

by Robert Teh | On 27 Jan 2016

Livelihood, Exclusion and Opportunity: Socioeconomic Welfare among Gender and Sexuality Non-normative People in India

This case study explores the socioeconomic experiences of gender and sexuality minority peoples in India, especially in respect of ways in which sexual and gender ‘difference’ may be correlated to eco...

by | On 26 Jan 2016

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

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

by Robert Anderson | On 26 Jan 2016

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

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

by Kodjo Osei-Lah | On 26 Jan 2016

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

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

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

by Marc Auboin | On 26 Jan 2016

Economic Reforms and Expenditure on Health in India

In this paper an attempt has been made to analyse the impact of economic reforms on the public health expenditure of 15 major states and the centre as well as the combined expenditure of both the stat...

by Shiddalingaswami Hanagodimath | On 26 Jan 2016

The Telangana Turmoil: Apprehensions and Hope

The paper addresses the apprehensions relating to state bifurcation among people of different regions in the state and the country. The paper argues that a new state can not be a threat either to the...

by Madhusudan Bandi | On 26 Jan 2016

China in Afghanistan: Balancing Power Projection and Minimal Intervention

As it was foreseen, the initial months following the start of the Northern Atlantic Treaty Organisation’s (NATO) withdrawal from Afghanistan were harsh for the Afghan government and civilians. 2 In Ap...

by | On 25 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

India-Korea CEPA: An Appraisal of Progress

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

by | On 25 Jan 2016

Agriculture and Structural Transformation in Developing Asia: Review and Outlook

Extrapolating from past trends, and taking to account emerging conditions, many countries of developing Asia will be expected to move on to the next phase of agricultural development; however even in...

by Roehlano M. Briones | On 25 Jan 2016

Total Factor Productivity of the Software Industry in India

This paper uses the Malmquist Productivity Index (MPI) to estimate change in total factor productivity (TFP) and its constituent components for software companies in India during 1999–2008. On average...

by Nira Ramachandran | On 24 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

Public Debt Sustainability in Bangladesh

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

by Md. Ezazul Islam | On 23 Jan 2016

Institutional Lending and Financing Policy for SMEs in Bangladesh

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

by Naima Nazneen Rikta | On 23 Jan 2016

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

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 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

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

Opportunities and Challenges in Rice Seeds Trade Between India and Bangladesh

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

by Neha Jain | On 23 Jan 2016

Trans-Pacific Partnership, India and South Asia

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

by | On 23 Jan 2016

Rethinking Social Protection Using a Gender Lens

This synthesis paper presents the findings from a multi-country research project which assesses the extent to which gender has been incorporated into the design and implementation of a wide range of s...

by Rebecca Holmes | 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

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

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

Dynamics of Pharmaceutical Quality Systems for the Export of Pharmaceuticals from India to Africa

India’s pharmaceutical industry of more than 10,000 manufacturing sites is estimated to generate US$ 22 billion in revenue , half of which is exported to more than 150 countries across the globe. Expo...

by Empower School of Health ESH | 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

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

Emerging Powers in a Changing World

This is the second collective effort from the Center for Euro-Atlantic Studies to address global issues that are largely unfamiliar to the Greek international affairs community. Last year we dealt wit...

by Stamatis Zachariadis | On 21 Jan 2016

Productivity in the Era of Trade and Investment Liberalization in India

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

by Ram Upendra Das | On 21 Jan 2016

India 2050: Can We Celebrate the Centenary of the Republic as a Developed Country?

The paper argues that there is great disparity of incomes between developed and developing countries. Relative income gap of the developing countries which was 10.8 per cent in 2000 was 15.1 per cent...

by | On 21 Jan 2016

Financial Crisis of 2008 and Shifting Economic Power Is there Convergence

This paper analyses shifts in economic power over the last almost five decades. Developing countries and regions have increased their share of incremental world income and incremental world exports ov...

by Manmohan Agarwal | 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

World Economic Situation and Prospects 2013

Growth of the world economy has weakened considerably during 2012 and is expected to remain subdued in the coming two years. The global economy is expected to grow at 2.4 per cent in 2013 and 3.2 per...

by United Nations (UN) | On 20 Jan 2016

Urbanization, gender and urban poverty: Paid work and unpaid carework in the city

This collaborative working paper, and the shorter technical briefing note derived from it, discuss hidden dimensions of urban poverty, and the different ways in which they impact men and women. This g...

by | On 19 Jan 2016

Work and Welfare: Revisiting the Linkages from a Gender Perspective

This paper examines the relationship between employment and social policy specifically from a gender perspective. It first lays out, in section 1, the conceptual ground, drawing on a range of heterodo...

by | On 19 Jan 2016

Examining the Catalytic Effect of Aid on Domestic Resource Mobilization for Social Transfers in Low-Income Countries

Social transfers, a non-contributory form of social protection, present a great potential to tackle poverty and inequality, and support inclusive socioeconomic development. Yet, they also represent a...

by | On 19 Jan 2016

Does Gender Matter for Firm Performance? Evidence from Eastern Europe and Central Asia

Using 2005 firm level data for 26 ECA countries, this paper estimates performance gaps between male- and female-owned businesses, while controlling for their location by industry and country. We find...

by Shwetlena Sabarwal | 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

Raising Agricultural Productivity and Making Farming Remunerative for Farmers

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

by Niti Aayog GOI | On 18 Jan 2016

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

Public Infrastructure as a Determinant of Intertemporal and Interregional Productive Performance in China

This paper focuses on the question whether public infrastructure capital matters for labor productivity in China, both over time and across regions. It finds that public infrastructure is a significan...

by | On 15 Jan 2016

International Migration, Transfers of Norms and Home Country Fertility

This paper examines the relationship between international migration and source country fertility. The impact of international migration on source country fertility may have a number of causes, includ...

by Maurice Schiff | On 15 Jan 2016

The International Development Strategy Beyond 2015: Taking Demographic Dynamics into Account

Demographic dynamics have strong repercussions for development and need to be addressed in the definition of the global development strategy for post 2015. Despite divergent trends across countries, i...

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

Trade and Environment Review 2006

The TER 2006 focuses on environmental and related health requirements and their impact on developing countries´ market access. It examines both the opportunities and challenges presented by these requ...

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

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

World Population Prospects The 2015 Revision

Understanding the demographic changes that are likely to unfold over the coming years, as well as the challenges and opportunities that they present for achieving sustainable development, is important...

by United Nations (UN) | On 08 Jan 2016

Food Insecurity, Conflict and Livelihood Threats in Nepal

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

by Bishnu Upreti | On 07 Jan 2016

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

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

India in the International Trade of Intermediates & Final Products – A Sector Level Study

International trade is redefined today in terms of trade in value added and global value chains. Most countries trade both in finished goods as well as intermediates. India, a less talked about countr...

by | On 07 Jan 2016

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

Development Trajectories, Emission Profile, and Policy Actions:Singapore

Singapore is the most industrialized and urbanized country in Southeast Asia and is totally dependent on oil and natural gas imports to satisfy its energy needs. Its national energy policy framework s...

by Tilak Doshi | 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

Banking Crises and 'Japanization': Origins and Implications

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

by Masahiro Kawai | On 07 Jan 2016

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

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

by | On 07 Jan 2016

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

2010 Survey of the Sri Lankan People: Findings from a Public Perceptions Survey

In late 2010 The Asia Foundation in Sri Lanka commissioned a public perceptions survey that aimed to capture the post-war mood of the nation. The survey sought to gauge public opinion about the overal...

by The Asia Foundation | On 02 Jan 2016

Summary of Indonesia's Poverty Analysis

Economic growth averaging 5.8% since 2010 has helped to lift 3.3 million Indonesians out of poverty. Yet 28 million were still living below the government’s poverty line in March 2014. Indonesia’s nat...

by Priasto Aji Aji | On 01 Jan 2016

Social Protection Brief: Social Security Reform and Economic Modeling Capacity Building in Indonesia

While official poverty in Indonesia is relatively low at 12%, an additional 27% of the population live just above the poverty line and small shocks can drive them back into poverty. Poor and vulnerabl...

by Kefei You | On 01 Jan 2016

The Competitive Saving Motive: Concept, Evidence, and Implications

This paper surveys recent literature on the competitive saving motive and its broader economic implications. It introduces the concept of competitive saving, i.e., saving to improve one’s status relat...

by | On 01 Jan 2016

Indo-Nepal Trade Relation: The Phenomenon of Black Hole Effect

In the field of international trade, an economy is assumed to be reeling under the 'BLACK HOLE EFFECT' of another economy, if all the major variables of international trade, irrespective of in which c...

by | On 01 Jan 2016

Social Protection Brief: Social Security Reform and Economic Modeling Capacity Building in Indonesia

While official poverty in Indonesia is relatively low at 12%, an additional 27% of the population live just above the poverty line and small shocks can drive them back into poverty. Poor and vulnerabl...

by Asian Development Bank Institute | On 01 Jan 2016

Developing Myanmar’s Information and Communication Technology Sector toward Inclusive Growth

Myanmar is expected to grow at least 6.8% per year in the coming years. Accompanying this growth will be an increase in demand for infrastructure services, including ICT-related services, both for co...

by Kee-Yung Nam | 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

Poverty and Violent Conflict: A Micro Level Perspective on the Causes and Duration of Warfare

This paper discusses how endogenous mechanisms linking processes of violent conflict and the economic well-being of individuals and households in combat areas provide valuable micro foundations to the...

by Patricia Justino | On 30 Dec 2015

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

Do employers Prefer Migrant Workers? Evidence from a Chinese Job Board

We study urban, private sector Chinese employers’ preferences between workers with and without a local permanent residence permit (hukou) using callback information from an Internet job board. We find...

by | On 30 Dec 2015

Water and People: A National Perspective Mitti Aur Pani Mein Sona Hai

The failures of water management have been extensively studied and reviewed and the shortcomings are listed.

by Ravi Chopra | On 29 Dec 2015

Sukha Mukti Abhiyan

Meaningful participatory processes of natural resource management lead to enhanced productivity, equity, sustainability and self-reliance. This is evident from the experiments at Sukhomajri, Ralegan-S...

by People's Science Institute PSI | On 29 Dec 2015

Ability Drain

Is ability drain (AD) economically significant? That immigrants or their children founded over 40% of theFortune 500 US companies suggests it is. Moreover, brain drain (BD) induces a brain gain (BG)....

by Maurice Schiff | 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

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

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

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

by Shandre Thangavelu | On 29 Dec 2015

UNDP and Climate Change

Released on the eve of the Paris climate change conference (COP21), this report – a mix of infographics and country case examples – outlines UNDP’s decades-long support to partner countries to tackle...

by United Nations Development Programme (UNDP) | On 29 Dec 2015

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

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

by Dushni Weerakoon | On 29 Dec 2015

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

Vital Stats: Functioning of Parliament in Winter Session 2015

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

by Kusum Malik | On 26 Dec 2015

Understanding Developing Country Resistance to the Doha Round

The Doha Round negotiations at the World Trade Organization have come to a halt. The vast majority of analyses of the (at least temporary) demise of the Doha Round have focused on the lack of the Unit...

by Timothy Sturgeon | On 23 Dec 2015

Different Paths to Power: The Rise of Brazil, India and China at the World Trade Organization

New powers, such as China, India and Brazil, are challenging the traditional dominance of the US in the governance of the global economy. It is generally taken for granted that the rise of new powers...

by Kristen Hopewell | On 23 Dec 2015

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

Estimating Growth-Inflation Tradeoff Threshold in Bangladesh

The objective of this study is to explore the inflation-economic growth linkage, if any, in Bangladesh. With this view, various tables and charts, correlation matrices, pair-wise Granger Causality tes...

by Sayera Younus | On 22 Dec 2015

Information Economy Report 2015 - Unlocking the Potential of E-commerce for Developing Countries

The 2015 edition of Information Economy Report examines electronic commerce, and shows in detail how information and communications technologies can be harnessed to support economic growth and sustain...

by United Nations Conference on Trade and Development UN | 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

The Global Information Technology Report 2014

The Global Information Technology Report provides a comprehensive assessment of networked readiness, or how prepared an economy is to apply the benefits of information and communications technologies...

by | On 21 Dec 2015

Real Exchange Rate and its Impact on Export, Import and Trade Balance: Is There any J Curve Effect in Bangladesh?

The intention of this paper is to examine whether Real Exchange Rate (RER)depreciation has any impact on export, import and trade balance of Bangladesh. Real exchange rate is calculated using Tk./do...

by Maidul Chowdhury | On 19 Dec 2015

Assessing Teacher Quality in India

Using administrative data from linked private schools from one of districts in India that matches 8,319 pupils to their subject specific teachers at the senior secondary level, we estimate the importa...

by Mehtabul Azam | On 18 Dec 2015

Exchange Rate Reform in South Sudan

This paper considers the role of the exchange rate in the economy and its importance as a macroeconomic instrument, and outlines the policy choices that are available to governments in general, and th...

by Keith Jefferis | On 18 Dec 2015

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

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

by Smitha Francis | On 18 Dec 2015

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

Trends in Maternal Mortality: 1990 to 2015

This report presents global, regional and country-level estimates of trends in maternal mortality between 1990 and 2015. It describes in detail the methodology employed to generate the estimates and t...

by United Nations | On 17 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

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

The Economic Case for Devoting Public Resources to Health

Major health problems persist, particularly in tropical countries, which are still struggling with infectious diseases while increasingly having to deal with noncommunicable diseases. Several classic...

by David E. Bloom | On 17 Dec 2015

Building Tax Capacity in Developing Countries

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

by Mick Moore | On 16 Dec 2015

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

Per - child Funding Model for Financing School Education in India

The paper examines the current state of funding of school education in India and identifies the inefficiencies and arbitrary nature of allocation of the system and suggests an alternative per-child fu...

by Centre for Civil Society CCS | On 15 Dec 2015

Peaceful Coexistence? The Role of Religious Schools and NGOs in the Growth of Female Secondary Schooling in Bangladesh

In this paper, documents a positive spillover effect of BRAC schools on female secondary enrollment in registered madrasas. Drawing upon school enrollment data aggregated at the region level, It first...

by Mohammad Niaz Asadullah | On 11 Dec 2015

Notes on Land, Long Run Food Security and the Agrarian Crisis in India

These Notes are mainly about three interconnected themes; the international and Indian ‘take’ on control over land (and water); the distinction between an agricultural crisis and an agrarian crisis;...

by Sheila Bhalla | On 09 Dec 2015

Climate Change: Impact on Agriculture and Costs of Adaptation

This Food Policy Report presents research results that quantify the climate-change impacts, assesses the consequences for food security, and estimates the investments that would offset the negative co...

by International Food Policy Research Institute | On 07 Dec 2015

World Report on Ageing and Health

The World report on ageing and health outlines a framework for action to foster Healthy Ageing built around the new concept of functional ability. Making these investments will have valuable social an...

by World Health Organisation (WHO) | On 03 Dec 2015

What do Economists have to say about Climate Impacts on South Asia?

South Asia’s changing climate has had many different impacts including changes in ecosystems, more severe storms, rainfall that is more concentrated in a few days per year leading to more floods and m...

by E. Somanathan | On 01 Dec 2015

State and District Boundary Changes in India: 1961-2001

For a large variety of data recorded by the Census of India, such as those on language, age structure, religion, and on individual Scheduled Castes and Tribes, the district is the lowest level of ag...

by Hemanshu Kumar | 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

Toward Better Global Poverty Measures

While much progress has been made over the last 25 years in measuring global poverty, there are a number of challenges ahead. The paper discusses three sets of problems: (i) how to allow for social...

by Martin Ravallion | On 16 Nov 2015

Employment and Economic Class in the Developing World

This paper introduces a model for generating national estimates and projections of the distribution of the employed across five economic classes for 142 developing countries over the period 1991 to 20...

by | On 10 Nov 2015

Tolerance and Respect for Economic Progress

Our tradition of debate in an environment of respect and tolerance. By upholding it, by fighting for it, the students can repay their teachers and your parents. And you will be doing our country a gre...

by Raghuram G. Rajan | On 03 Nov 2015

Non-Standard Work and Workers: Organizational Implications

In this paper provides an overview of the research on nonstandard work with a view to answering the following questions: (i) why do organizations use nonstandard workers, (ii) how has the practice of...

by | On 03 Nov 2015

Productivity and Efficiency Impacts of Zero Tillage Wheat in Northwest Indo-Gangetic Plains

Conservation agriculture (CA) technologies are being developed for the cereal production systems of South Asia to address the multifaceted problems of decelerating agricultural productivity, resource...

by Vijesh Krishna | On 02 Nov 2015

Inequality, Social Cooperation and Local Collective Action

This paper examines the relationship between inequality and collective action, and identifies a range of mechanisms that shape the association between income inequality and local collective action. Th...

by | On 29 Oct 2015

Development Central Banking: A Review of Issues and Experiences

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

by | On 28 Oct 2015

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

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

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

by Asian Development Bank Institute | On 16 Oct 2015

The New Dread-word

The new dread-word is deflation. What does this mean for India? This can cause a threat for domestic producers. This is because of the global situation. We can be prepared and by improving efficiency...

by T.N. Ninan | On 09 Oct 2015

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

World Social Protection Report 2014-15: Building Economic Recovery, Inclusive Development and Social Justice

This ILO flagship report provides a global overview of the organization of social protection systems, their coverage and benefits, as well as public expenditures on social protection. The report follo...

by Internaional Labour Organization [ILO] | On 07 Oct 2015

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

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

by Indrani Gupta | On 30 Sep 2015

The Power of Parity: How Advancing Women's Equality can Add $12 trillion to Global Growth

In this report, MGI explores the economic potential available if the global gender gap were to be closed. The research finds that, in a full-potential scenario in which women play an identical role...

by Jonathan Woetzel | On 30 Sep 2015

Food Security, Productivity, and Gender Inequality

This paper examines the relationship between gender inequality and food security, with a particular focus on women as food producers, consumers, and family food managers. The discussion is set against...

by Bina Agarwal | On 29 Sep 2015

Poverty and Social Protection in Urban India

This paper, highlights the need for provisioning adequate social protection coverage to the vulnerable sections of population in urban India, assesses the role of the TPDS in reaching out to the depri...

by R. Radhakrishna | On 28 Sep 2015

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

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

by V. Saravanakumar | On 25 Sep 2015

Determinants of Energy and CO2 Emission Intensities: A Study of Manufacturing Firms in India

This paper investigates the determinants of energy and emission intensities of manufacturing firms in India, from 2000 to 2014. Given that Indian manufacturing sector is one of the world’s most pollut...

by Santosh K. Sahu | On 25 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

The Social Dimensions of Free Trade Agreements

The report provides a comprehensive review of all existing trade agreements that include social provisions and discusses impacts for enterprises and workers.It also helps assess the challenges for ari...

by International Labour Organiztion [ILO] | On 23 Sep 2015

Towards Universal Access to Health Care in India

In this concept note authors aim to put forth a broad canvas of the various issues that need to be considered and positions that need to be formulated, in order to argue that it is possible to make Un...

by Dr. Abhay Shukla | On 23 Sep 2015

Manufacturing or Services? An Indian Illustration of a Development Dilemma

Manufacturing has historically offered the fastest path out of poverty, but there is mounting evidence that this path may be all but closed to developing countries today. Some have suggested that ser...

by Amrit Amirapu | On 23 Sep 2015

The Global Innovation Index 2015: Effective Innovation Policies for Development

The Global Innovation Index (GII) aims to capture the multi-dimensional facets of innovation and provide the tools that can assist in tailoring policies to promote long-term output growth, improved pr...

by | On 18 Sep 2015

Growth and Structure of the Services Sector in India

The Services sector accounts over one half of India’s GDP. The examination of the Services sector at a reasonably disaggregated level is necessary because the services sector (tertiary sector) is very...

by | On 18 Sep 2015

Losing Our Minds? New Research Directions on Skilled Migration and Development

This paper critiques the last decade of research on the effects of high-skill emigration from developing countries, and proposes six new directions for fruitful research. The study singles out a cor...

by Michael Clemens | On 16 Sep 2015

Evolution of Minimum Wage Policy and Regulatory Framework: An Inter Country Perspective

The issue of wages is perhaps the most vital issue for various categories of workers, especially those engaged in the informal and unorganized sector. This study points out that in spite of various d...

by | On 15 Sep 2015

Assessment of State Implementation of Business Reforms

This report – “Assessment of State Implementation of Business Reforms” is a scorecard to take stock of what reforms have happened, and to identify the way forward for States. The report highlights the...

by World Bank | On 15 Sep 2015

Efficiency in Elementary Education in Urban India: An exploratory Analysis using DEA

Increasing literacy in the Indian states is possible by increasing enrolments in elementary education. This study explores the later by primary and upper primary enrollments for nineteen major Indian...

by Brijesh C. Purohit | On 14 Sep 2015

Impact of Water and Sanitation on Selected Water Borne Diseases in India

One of the Millennium Development Goals is to provide improved sanitation facilities along with availability of potable water; which are indeed the two basic needs for human survival. However, despite...

by Brijesh C. Purohit | 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

Interrelation Between Growth and Inequality

The paper highlights the importance of “broad-based growth” as a framework to support economic growth and inclusiveness at the same time. Different countries show different dynamics between economic g...

by Jong Woo Kang | On 07 Sep 2015

A Review of Data on Nutrition in India: Preliminary Findings

This paper summarizes the preliminary findings of Global Nutrition Report (GNR), which we shared at the GNR stakeholder roundtable in New Delhi. The primary recommendations suggested are a set of core...

by | On 04 Sep 2015

Change in Efficiency Level in Achieving Human Development: Inter-Temporal Comparison of Indian States

In India, research on human development has received considerable importance from both the academic and policy point of view. However, all the previous studies on human development mainly focused on t...

by Swati Dutta | On 04 Sep 2015

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

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

by Pami Dua | On 03 Sep 2015

Reconceptualising Smart Cities: A Reference Framework for India

This CSTEP study describes the UN’s four guidance principles and defines a Smart City Reference Framework that should provide the overarching principles and guidance to smart city programmes. The rep...

by | On 02 Sep 2015

Addressing Urban Poverty: Relevance of Conditional Cash Transfers

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

by United Nations Development Programme UNDP | On 31 Aug 2015

Employment and Wages in Indian Manufacturing: Post-Reform Performance

This work is a contribution to the Employment Policy Department’s focus on employment and growth in G20 developing economies. Much discussion on employment and growth in developing economies analyses...

by | On 27 Aug 2015

Excess Food Stocks, PDS and Procurement Policy

This planning commission paper tries to examine some of the factors that have led to accumulation of excess food grain stocks and make policy prescription on how to deal with the problem of surplus fo...

by Arvind Virmani | On 25 Aug 2015

Efficacy of New Monetary Framework and Determining Inflation in India: An Empirical Analysis of Financially Deregulated Regime

Against the backdrop of the new monetary policy framework, this paper analyses the determinants of inflation in the deregulated financial regime. The paper upfront has been kept free from adherence to...

by Lekha Chakraborty | On 25 Aug 2015

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

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

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

by | On 24 Aug 2015

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

Case Studies of Policy Coherence Initiatives in Developing Asia

This paper highlights four case studies of national efforts in developing Asia towards greater policy coherence and coordination, ranging from institutional cooperation in poverty reduction programmes...

by Internaional Labour Organization [ILO] | On 19 Aug 2015

The Public Education System and What the Costs Imply

There are basic methodological and conceptual problems with recent research that ends up arguing that private school education is more effective than public education. Such findings have obvious polic...

by | On 17 Aug 2015

Don’t Target the Media

It is not correct to blame the media when effective communication suffer. The government will have to recheck its media policies and the distance it has to keep the media.

by T.N. Ninan | On 15 Aug 2015

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 BPO Challenge: Leveraging Capabilities, Creating Opportunities

There may not be a single standard approach to developing the ICT-BPO sector, the successful experiences of developing countries can provide useful insights and practical lessons for countries contemp...

by Fatima Lourdes E. Del Prado | On 12 Aug 2015

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

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

Causes and Consequences of Income Inequality: A Global Perspective

The discussion above suggests that a variety of inter-related factors can impact inequality and have potentially differential effects across countries and income groups. In this section, using a simpl...

by | On 30 Jul 2015

Liberalizing Trade of Environmental Goods and Services: How to Address the Free-Rider Problem

This paper aims to provide APEC members with evidence-based guidance on the implementation of the APEC mandate. Theoretically, this approach addresses the free-rider problem. Free riders are countries...

by | On 28 Jul 2015

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

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

by Biresh K Sahoo | On 20 Jul 2015

The Role of Gender in Scholarly Authorship

Gender disparities appear to be decreasing in academia according to a number of metrics, such as grant funding, hiring, acceptance at scholarly journals, and productivity, and it might be tempting to...

by Jevin D. West | On 15 Jul 2015

The Impact of Temperature on Productivity and Labor Supply: Evidence from Indian Manufacturing

Cross-country studies have found that hotter years are associated with lower output in poor countries. Using high-frequency micro-data from manufacturing firms in India, we show that worker heat stre...

by Anant Sudarsan | On 07 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

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

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

by Yilmaz Akyuz | On 29 Jun 2015

Agricultural Credit and its Impact on Farm Productivity: A Case Study of Kailali District

This study was carried out by Banking Development and Research Unit of Nepal Rastra Bank, Dhangadhi Office. The study aims at exploring the problems related to the procurement and use of agricultural...

by Nepal Rastra Bank NRB | On 26 Jun 2015

Evidence-Informed Policy Formulation: The Case of the Voucher Scheme for Maternal and Child Health in Myanmar

In 2010, with financial support from the Global Alliance for Vaccine and Immunization’s Health System Strengthening programme, the Government of Myanmar established a scheme to improve coverage of ma...

by | On 26 Jun 2015

Financing for Health Coverage in India: Issues and Concerns

The paper explores the trends, composition, and incidence of out-of-pocket health expenditure (OOPHE) in India, which has been the predominant means of financing its health care needs. Unit-level data...

by Indrani Gupta | On 19 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

Policy Note 2014–2015 on Agriculture Department of Tamil Nadu Government

Agriculture sector covers largest segment of livelihood and plays a significant role in the overall socioeconomic fabric of the nation.Tamil Nadu, through the Second Green Revolution, has initiated ma...

by | On 12 Jun 2015

Islamic Republic of Afghanistan 1390 Citizens Budget

The Government’s main budgetary objective is to allocate fiscal resources in line with Afghanistan National Development Strategy (ANDS). In this way, it will be assured that resources are allocated to...

by Ministry of Finance Afghanistan | On 11 Jun 2015

An Enquiry in to the Employment of the Organized Sector in India

The paper attempts to analyze the trends in the organized sector employment of India for the period 1961 to 2010. It is found that the organized employment is in the state of decline, exhibiting a dow...

by G Burange | On 08 Jun 2015

Report of the Sixty-Seventh World Health Assembly on Financing of Administrative and Management Costs

An external review, commissioned by the Programme, Budget and Administration Committee of the Executive Board, was prepared in May 2013, providing detailed analysis of WHO’s administrative and managem...

by World Health Organisation (WHO) | On 26 May 2015

Employment, Planning and Policy for the Twelfth Five Year Plan (2012-2017)

The Working Group has taken cognisance to the issues of inclusive growth. It lays emphasis on the view that employment generation should be focused on different segments of labour force – organized, u...

by Planning Commission | On 21 May 2015

Instability and Regional Variation in Indian Agriculture

This study has taken up two seemingly different but connected aspects of Indian agriculture, the first part dealing with the analysis of agricultural instability at the national and state levels and t...

by Ramesh Chand | On 13 May 2015

The Voices – Uncensored Nagaland State Youth Consultation on Employment

This paper takes into consideration of broad areas into consideration and the problems for youth employment should be viewed as a larger macroeconomic issue of the state. Greater participation, invol...

by YouthNet Nagaland | On 12 May 2015

Building the Skills for Economic Growth and Competitiveness in Sri Lanka

Despite armed internal conflict and the global financial crisis, Sri Lanka has made remarkable progress in recent years, enjoying healthy economic growth and substantially reducing poverty. Moreover,...

by Halil Dundar | On 07 May 2015

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

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

by World Bank | On 27 Apr 2015

Growing through Cities in Developing Countries

This paper examines the effects of urbanization on development and growth. It begins with a labor market perspective and emphasizes the importance of agglomeration economies, both static and dynamic....

by | On 24 Apr 2015

ASEAN Community 2015: Managing Integration for Better Jobs and Shared Prosperity

This joint study of the Asian Development Bank and the International Labour Organization examines the impact of the ASEAN Economic Community (AEC) on labor. It highlights the challenges and opportunit...

by Asian Development Bank Institute | On 22 Apr 2015

Prospects of Asian Infrastructure Investment Bank

AIIB is expected to accelerate economic development and integration of Asia through the promotion of investment in the infrastructure sector. AIIB have several priority areas include transport, energy...

by Makmun Syadullah | On 03 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

Asian Development Outlook 2015 Financing Asia’s Future Growth

According to the Asian Development Outlook 2015, India is forecast to overtake China in terms of economic growth as the initial phase of government efforts to remove structural bottlenecks is lifting...

by Asian Development Bank Institute | On 01 Apr 2015

Health Policy Changes and Their Impact on Equity in Health Financing in India

This study examines the impact of health policy changes on equity of financing among households by using four successive rounds of national sample survey (NSS) data on consumer expenditure in India. T...

by | On 30 Mar 2015

BRICS Trade Policies, Institutions and Areas for Deepening Cooperation

This document studies the Trade Policies and Institutions of BRICS, India and BRICS: issues of trade and technology; and examines the scope for deepening cooperation in services among BRICS members. T...

by | On 24 Mar 2015

Impact of India-ASEAN Free Trade Agreement: A Cross-Country Analysis using Applied General Equilibrium Modelling

The study attempted to analyse the long-term effects of the FTA on India. It is argued that after full trade liberalization, India’s allocative efficiency will increase, but the terms of trade effect...

by | On 23 Mar 2015

Structural Changes in India’s Foreign Trade

This working paper reflects Indis's domestic production on exports and imports. The paper also highlights upon India’s two policy instruments, namely price controls and reserving market segment for sm...

by | On 18 Mar 2015

WHO Multi-country Study on Women’s Health and Domestic Violence against Women

Violence against women by an intimate partner is a major contributor to the ill-health of women. This study analyses data from 10 countries and sheds new light on the prevalence of violence against wo...

by World Health Organisation (WHO) | On 11 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

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

Road Infrastructure: Issues in Financing

Equity and efficiency are two issues that arise again and again the area of infrastructure finance. If the financing of infrastructure projects is to be sustainable the private sector must be entruste...

by Sudakshina Gupta | On 25 Feb 2015

Report of the Working Group on Agricultural Marketing Infrastructure, Secondary Agriculture and Policy Required for Internal and External Trade

The report reviews existing agricultural marketing system. It deals with improving efficiency and reducing transaction cost in Agricultural Marketing by strengthening the physical markets, encouraging...

by Planning Commission | On 11 Feb 2015

Determinants of Regional Patterns of Manufacturing Exports: Indian Firms since the Mid-1990s

A preliminary analysis of the spatial determinants of firms’ export activities by Indian states has been undertaken in this study. Thus, the present study attempts to fill the gap by focusing on issue...

by Jaya Prakash Pradhan | On 06 Feb 2015

Parliament’s Role in Financial Oversight

This note presents an analysis of Parliament’s role of financial oversight and examines how to strengthen it. It highlights gaps and solutions to improve the existing structures affecting budgetary an...

by Apoorva Shankar | On 30 Jan 2015

The Productivity of Agricultural Credit in India

This study examines the nature of the relationship between formal agricultural credit and agricultural GDP in India, specifically the role of the former in supporting agricultural growth, using state...

by Sudha Narayanan | On 23 Jan 2015

A Farming System Model to Leverage Agriculture for Nutritional Outcomes

The objective of paper is to demonstrate feasibility of nutrition-sensitive agriculture. The proposed model is being tested in two select locations to demonstrate improvement in nutrition status throu...

by M S Swaminathan | On 21 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

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

Agriculture and Child Under-Nutrition in India: A State Level Analysis

The literature review on agriculture-child nutrition linkage indicates that the evidence base is weak and inconclusive (Kadiyala et al., 2013). This paper explores the possible linkages between agri...

by | On 24 Dec 2014

Housing and Labor Productivity of Female Tea Pluckers in Sri Lanka

This study analyzes the link between labor productivity of tea-plantation workers in Sri Lanka and their living conditions. The results indicate a significant negative relationship between Indoor Air...

by Ajantha Kalyanaratne | On 16 Dec 2014

What Explains the Productivity Decline in Manufacturing in the Nineties in India?

This paper uses the data envelopment analysis (DEA) based Malmquist productivity index to estimate total factor productivity growth (TFPG), technical change, and efficiency change for a panel of firms...

by Saon Ray | On 18 Nov 2014

Draft Road Transport and Safety Bill

To provide a framework for safer, faster, cost effective and inclusive movement of passengers and freight in the country thus enabling the mission of ‘Make in India’.

by Ministry of Road Transport and Safety GOI | On 13 Nov 2014

Making Sense of Green Building Rating

It is time to go beyond just lip service to push green reforms in building standards. On analysing reports from the Indian Green Building Council, researchers at the Centre for Science and Environment...

by Sunita Narain | On 11 Nov 2014

Cause of death among reproductive age group women in Maharashtra, India

Reliable data on mortality and morbidity among women of reproductive age group are scarce in India. The present study is the Maharashtra component of a large multicentric task force study on the c...

by Ragini Kulkarni | On 11 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

Structural Transformation and the Rural-Urban Divide

Development of an economy goes hand in hand with a declining importance of agriculture in output and employment. Given the primarily rural population in developing countries and their concentration in...

by Amartya Lahiri | 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

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

The Evolution of Institutions in India and its Relationship with Economic Growth

The tepid-to-torrid transformation in India’s economic growth since the early 1980s is one of the big stories of recent times. Whereas “Midnight’s children” saw their standard of living double ove...

by Arvind Subramanian | On 22 Oct 2014

Currency Undervaluation and Sovereign Wealth Funds: A New Role for the World Trade Organization

Two aspects of global imbalances - undervalued exchange rates and sovereign wealth funds - require a multilateral response. This paper proposes new rules in the World Trade Organization to discipline...

by Prachi Mishra | On 22 Oct 2014

The Impact of Climate Change on Rice Prduction in Nepal

This paper examines the sensitivity of rice yield in Nepal to changes in climate variables and the magnitude of potential impacts on rice productivity in the future. The findings draw attention to the...

by Prakash K. Karn | On 22 Oct 2014

Four Facts on India’s Growth in the 2000's

This paper marks the first attempt at examining the growth performance across Indian states for the 2000s, a period also marked by the global financial crisis. Four key finding emerge from the paper...

by Arvind Subramanian | On 21 Oct 2014

From “Hindu Growth” to Productivity Surge: The Mystery of the Indian Growth Transition

Most conventional accounts of India’s recent economic performance associate the pick-up in economic growth with the liberalisation of 1991. This paper demonstrates that the transition to high growth o...

by Dani Rodrik | On 21 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

The Soya Project: Farm Evangelists

In 2008, two earnest young men set out to boost soya bean yields in the semi-arid region of Bundi in Rajasthan. Rainfall there is meagre and the soil lacks nutrients. But there are ready buyers for so...

by Civil Society | On 20 Oct 2014

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

The Myth of Green Building

There is no question that India and other parts of the still-under-construction world must build green. The building sector is a major contributor to climate change and local environmental destruction...

by Sunita Narain | On 14 Oct 2014

Notes on Land, Long-run Food Security and the Agrarian Crisis in India

These Notes are mainly about three interconnected themes; i) the international and Indian ‘take’ on control over land (and water); ii) the distinction between an agricultural crisis and an agrarian...

by Sheila Bhalla | On 01 Oct 2014

Evolution and Critique of Buffer Stocking Policy of India

An evaluation of the country’s buffer stock policy reveals gaps and inefficiencies. Large quantities of food grains have accumulated in the godowns of the Food Corporation of India (FCI) and its nom...

by Shweta Saini | 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

Creative Productivity Index: Analysing Creativity and Innovation in Asia

This report presents the results and analysis of the Creative Productivity Index (CPI) for a select number of Asian economies. The CPI was built by The Economist Intelligence Unit. The Asian Developme...

by Asian Development Bank Institute | On 19 Sep 2014

Economic and Financial Outlook

A picture about the macroeconomy that is, the world economy and the domestic economy is given. The two recent regulatory measures are given here. [FICCI/IBA Annual Banking Conference].

by Raghuram G. Rajan | On 18 Sep 2014

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

The global economic crises that started in 2008 have exposed commodity markets to increasing price volatility and raised concerns for higher inflation, food security and poverty reduction. This seri...

by S.Mahendra Dev | On 12 Sep 2014

Economic Implications of Deeper South Asian–Southeast Asian Integration

South and Southeast Asian economic integration via increased trade flows has been increasing significantly over the past 2 decades, but the level of trade continues to be relatively low. This under pe...

by Ganeshan Wignaraja | On 22 Aug 2014

Budget 2014-15: The Continuing Neglect of the 'Rural'

The Union Budget remains significant for the agricultural sector in the country for at least the following two reasons. First, the budget comes in the background of an agrarian crisis in the country,...

by Arindam Banerjee | On 04 Aug 2014

Examining the Impact of Climate Change on Migration through the Agricultural Channel: Evidence from District Level Panel Data from Bangladesh

This paper studies how changes in climatic variables such as temperature and rainfall impact migration through agriculture. Bangladesh is recognized as one of the most vulnerable countries to climate...

by Paritosh Roy | On 31 Jul 2014

India Science Report - Science Education, Human Resources and Public Attitude towards Science and Technology

The present report focuses on science education, human resources in science & technology and public understanding of science. A custom-designed survey, the India Science Survey 2004, funded by INSA, w...

by Rajesh Shukla | On 28 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

Employment Stagnancy in India: Policy Plus Monetary reform

The Indian economy is witnessing a dichotomous trend- an increasing share of employment in industry with decline in Value Added to output. When compared to other Asian economies, we’re adding workers...

by Aritra Chakrabarty | On 10 Jul 2014

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

Employment, Wages and Productivity in Indian Agriculture

Employment in agriculture almost stagnates.In certain sub-sectors of agriculture like livestock, forestry and fishing employment has in fact, declined during the 1990s (1994-00). There are mixed trend...

by Brajesh Jha | On 23 May 2014

The Indian Labour Market: An Overview

The present study analyses the labour market situation in India over the last two decades. Given the growth profile, which has been quite robust in recent years, one pertinent question is whether Indi...

by Arup Mitra | On 23 May 2014

Choice and Success of Job Search Methods

Job seekers can influence the arrival rate of job offers by the choice of search effort and the search methods they use. In this paper we empirically investigate the contribution of the use of differe...

by Andrea Weber | On 23 May 2014

Higher Education in Asia: Expanding Out, Expanding Up

This report presents data and analysis to better understand the factors driving the expansion in undergraduate and graduate education across Asia. By looking at the system as a whole, the authors eval...

by David W. Chapman | On 16 May 2014

Agricultural Research and Productivity Growth in India

This research report, which examines the effects of research and development on productivity in India, finds that India is still benefiting from these investments. The report shows that the public ben...

by Robert E Evenson | On 29 Apr 2014

Extensive and Intensive Margins of India's Exports: Comparison with China

Should India's export promotion policies be targeted at accelerating export growth at the extensive(new trading relationships) or at the intensive margin (increase in trade of existing relationships)...

by C. Veeramani | On 08 Apr 2014

Do Population Trends Matter to Agricultural Productivity? A Case Study of Bangladesh

The paper examines two questions: (i) do population trends impede agricultural productivity? or (ii) it promote agricultural productivity or both? [BIDS}.

by Rafiqul Huda Chaudhury | On 04 Apr 2014

A Comparative Analysis of Recent Export Performances of China and India

Drawing on the convergence theory, one would expect that as a latecomer to integrate with the globalized economy India’s export performance would be at least on par with that of China because China’s...

by Kaliappa Kalirajan | On 12 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

Economic Growth, Health and Poverty: An Exploratory Study for India

This article analyses the possible links between economic growth, poverty and health, using panel data for the Indian states. The findings indicate that, though growth tends to reduce poverty, signifi...

by Indrani Gupta | On 04 Mar 2014

National Food Security Bill Challenges and Options

Despite ensuring ample availability of food, existence of food insecurity at the micro-level in the country has remained a formidable challenge for India. The recently introduced National Food Securit...

by Ashok Gulati | On 23 Jan 2014

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

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

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

Taming Food Inflation in India

High food inflation, which has averaged 10% during FY 2008-09 to December 2012, has been a major concern for policy makers in India. This is all the more important as an average household in India sti...

by Ashok Gulati | On 21 Oct 2013

Learning and Earning: Evidence from a Randomized Evaluation in India

This paper estimates the short-and-medium-run effects of participating in a sub- sidized vocational training program aimed at improving labor market outcomes of women residing in low-income househol...

by Pushkar Maitra | On 30 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

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

Analysis of the President's Budget for 2013

This paper evaluates the President’s Budget (PB) or the National Expenditure Program (NEP) for 2013. The assessment is composed of four parts: (i) an evaluation of the overall fiscal picture as proj...

by Rosario G. Manasan | On 25 Jul 2013

Innovation, Efficiency, Productivity and Intellectual Property Rights: Evidence from a BRIC Economy

The innovation, efficiency and productivity responses to the stronger protection of intellectual property rights post-TRIPs, with reference to manufacturing industry in India is studied. The fact that...

by Sunil Kanwar | On 12 Jul 2013

Quantification of Yield Gaps in Different Planting Types of Sugarcane in Maharashtra

This paper is an attempt to estimate the magnitudes of yield gaps, causative factors and constrains for attending greater farm potential in adsali, suru, preseasonal and ratoon sugarcane production in...

by Deokae Tai Balasaheb | On 10 Jul 2013

Examining Private Participation in Embankment Maintenance in the Indian Sundarbans

This paper analyses the complementarities between land productivity and conservation investments in the context of river embankment maintenance in the Indian Sundarbans.[SANDEE]. URL:[http://www.san...

by Prasenjit Sarkhel | On 06 Jun 2013

Farm Productivity Loss due to Flood-Induced Sand Deposition: A Study in Dhemaji, India

It is widely believed that the decline in agricultural productivity in the Dhemaji district of Assam, India, is due to flood-induced sand depositions in paddy fields. Increased sand content reduces th...

by Kalyan Das | On 27 May 2013

Efficiency of Raising Health Outcomes in the Indian States

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

by Prachitha J | On 16 Apr 2013

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

Entrepreneurship or Survival? Caste and Gender of Small Business in India

Unit-level data from the registered manufacturing segment of the Third and Fourth rounds of the Indian Micro, Small and Medium Enterprises (MSME) census data for 2001-2 and 2006-7 is used to understan...

by Ashwini Deshpande | On 08 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

Options and Determinants of Rice Residue Management Practices in the South-West Region of Bangladesh

This study examines options for managing rice residue and the factors that determine its management in the south-west region of Bangladesh. Study results indicate that while straw length, low-elevatio...

by Mohammed Ziaul Haider | On 29 Mar 2013

Federal Budget Pakistan: 2012-13

Budget speech by Minister of Finance. [Ministry of Finance]. URL:[http://www.finance.gov.pk/budget/budget_Speech_12_13.pdf].

by Minister of Finance Pakistan | On 22 Mar 2013

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

Women Political Leaders, Corruption and Learning: Evidence from a Large Public Program in India

In the paper there is a use of nation-wide policy of randomly allocating village council headships to women to identify the impact of female political leadership on the governance of projects implemen...

by Farzana Afridi | On 07 Mar 2013

Repayment and Exclusion in a Microfinance Experiment

The experiment is designed to explore the effectiveness of such sanctions in improving repayment incentives. Groups of 10 members are provided with joint-liability loans for a specific investment pr...

by Jean Marie Baland | On 07 Mar 2013

Odisha Budget 2013-14: Part 1 Agriculture

Budget presented by Shri Prasanna Acharya. The first part contains the Agriculture Budget.

by Orissa Government | On 25 Feb 2013

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

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

Building a Knowledge Base on Population Ageing in India: Report on the Status of Elderly in Select States of India, 2011

To understand the ageing in India, a primary survey was carried out in seven states – Himachal Pradesh, Kerala, Maharashtra, Odisha, Punjab, Tamil Nadu and West Bengal – having a higher percentage of...

by United Nations Population Fund UNFPA | On 08 Jan 2013

A Gender-Based Theory of the Origin of the Caste System of India

This paper proposes a theory of the origins of India’s caste system by explicitly recognizing the productivity of women in complementing their husbands’ skills. Its interesting to know the emergence...

by Chris Bidner | On 04 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

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

Demographics, Labor Mobility, and Productivity

This paper considers two major issues that need to be treated as matters of urgency. First, internal (within country) migrations in the Asian (ACI) region are mostly undocumented and large. It is show...

by E J Wilson | On 05 Nov 2012

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

National Policy on Skill development

Skills and knowledge are the driving forces of economic growth and social development for any country. Countries with higher and better levels of skills adjust more effectively to the challenges and o...

by Ministry of Labour and Employment MoL&E | 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

Energy Savings Potential and Policy for Energy Conservation in Selected Indian Manufacturing Industries

This paper focuses on the assessment of energy savings potential in seven highly energy consuming industries. The paper estimates the energy savings potential for each of these industries using unit l...

by Manish Gupta | On 17 Sep 2012

Gender Impact of Trade Reforms in Indian Plantation Sector: An Exploratory Ananlysis

This paper examines the potential gender impacts of the trade reforms in plantation agriculture in the emerging context of the two prominent FTAs, viz. the Indo-ASEAN and the proposed EU-India FTA....

by Viswanathan P K | On 14 Sep 2012

Trends in Total Factor Productivity in Indian Agriculture: State-level Evidence using non-parametric Sequential Malmquist Index

Recognizing the critical role of agricultural sector in the overall growth as well as development performance, this study estimates total factor productivity (TFP) in Indian agriculture at state-level...

by Shilpa Chaudhary | On 13 Sep 2012

Agricultural Credit - Accomplishments and Challenges

Agriculture’s share in GDP is less than 15 per cent but it still remains the direct domain of over half of the population whose economic prospects are linked to the performance of agriculture. There a...

by Duvvuri Subbarao | On 03 Aug 2012

Vital Stats: Pricing of Petroleum Products

Government owned Oil Marketing Companies (OMCs) raised the price of petrol on 23rd May 2012. After the inclusion of local taxes, this amounted to a hike of Rs 7.54 per litre in Delhi. A snapshot of t...

by Karan Malik | On 24 Jul 2012

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

Intrinsic Inflation Persistence in a Developing Country

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

by Muhammad Nadim Hanif | On 09 Jul 2012

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

Revive Development Studies

Review of the book From Individual to Community: Issues in Development Studies--Essays in Memory of Malcolm Adiseshiah by Nandan Nawn.

by Nandan Nawn | On 05 Jul 2012

National Budget of Bhutan: Financial Year 2012-13

Budget of Bhutan 2012-13. URL:[http://www.mof.gov.bt/downloads/BudgetReport2012.pdf].

by Minister of Finance Bhutan | On 04 Jul 2012

Philippine Productivity Dynamics in the Last Five Decades and Determinants of Total Factor Productivity

The paper reviews the economic growth and productivity dynamics of Philippine economy in the past fifty years. The paper also provides an estimation of determinants of total factor productivity and la...

by Gilberto M Llanto | On 29 May 2012

The Impact of Infrastructure on Agricultural Productivity

This paper provides an empirical basis for the perceived link between rural infrastructure and agricultural productivity. It validates the hypothesis that deficiencies in rural infrastructure e.g.,...

by Gilberto M Llanto | On 24 May 2012

Group Norms and the BRAC Village Organization – Enhancing Social Capital Baseline

This study used social capital as an organizing framework to capture VO members’ group behaviour, and their current status along programme activities. The study compared the status of intervention...

by Nayma Qayum | On 22 May 2012

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

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

by Kate McQueston | On 15 May 2012

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

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

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

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

Farmers’ Information Needs and Search Behaviors: Case Study in Tamil Nadu, India

Using a case study of two districts in South India, farmers’ information needs and information search behavior, factors affecting their search behavior, and their willingness to pay for information a...

by Suresh Chandra Babu | On 10 Apr 2012

Approaches to the Development of Renewable and Clean Energy in Brazil, China, Egypt, India and South Africa: Lessons of Emerging Countries

The populous, fast growing emerging economies of Brazil, China, Egypt, India and South Africa face daunting challenges on the energy, environment and climate change fronts. These five countries accoun...

by Kirit Parikh | On 02 Apr 2012

Price and Income Elasticity of Imports: The Case of Pakistan

The paper estimates the elasticity of Imports with respect to relative prices and income for Pakistan from 1971 to 2009. What distinguishes this paper from the earlier studies is the use of robust est...

by Khurram Ashfaq Baluch | On 30 Mar 2012

A Review of Input and Output Policies for Cereals Production in India

This paper reviews the key policies with regard to agriculture inputs such as seed, fertilizer, water, agricultural equipment, research, extension, and agricultural credit. It also provides an overvie...

by Ganga Shreedhar | On 29 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

Ethics of Public Health Interventions: A View from the Frontline

Rural people are deprived even of the basic facilities of medical care. Is this ethical? [6th K R Memorial lecture].

by Yogesh Jain | On 16 Mar 2012

State of the Economy and Prospects: chapter 1

Economic Survey-Chapter1. [Economic Survey]. URL:[http://indiabudget.nic.in/survey.asp]

by Pranab Mukherjee | On 15 Mar 2012

Outline of the 12th Five Year Plan: Plan for Development of Trade in Services

To greatly develop trade in services and realize the transition from a big trade country to a strong trade country, the 12th Five Year Plan is formulated based on Outline of the 12th Five Year Plan f...

by Ministry of Commerce China | On 15 Mar 2012

Budget of Nepal 2011-12

Budget speech by Nepal Finance Minister. URL:[http://www.mof.gov.np/publication/speech/2011/pdf/budgetspeech_english.pdf].

by Ministry of Finance, Government of Nepal | On 06 Mar 2012

Failed Mechanism: How the CDM is Subsidizing Hydro Developers and Harming the Kyoto Protocol

Five years age, International Rivers started monitoring the Kyoto Protocol’s Clean Development Mechanism (CDM), concerned that funds marked for climate change mitigation would be used to encourage c...

by Barbara Haya | On 01 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

The Public Procurement Bill, 2012

A bill to regulate public procurement with the objectives of ensuring transparency, fair and equitable treatment of bidders, promoting competition, enhancing efficiency and economy and safeguarding...

by Ministry of Finance | 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

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

Selling Formal Insurance to the Informally Insured

Unpredictable rainfall is an important risk for agricultural activity, and farmers in developing countries often receive incomplete insurance from informal risk-sharing networks. The demand for, and...

by A. Mushfiq Mobarak | On 10 Feb 2012

Business and Growth Rate Cycles in India

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

by Pami Dua | On 10 Feb 2012

Comparing the Technical Efficiency of Indian Banks Operating Abroad and Foreign Banks Operating in India: A Stochastic Output Distance Function Approach

The aim of this paper is to compare the technical efficiency of Indian Banks operating abroad and foreign banks operating in India and to investigate the effect of openness of the country, ownership...

by Vivek Kumar | On 08 Feb 2012

Agriculture-Nutrition Linkages and Policies in India

This paper looks at some key entry points for agriculture to influence nutrition and suggests policies for nutrition-sensitive agricultural development, within the current policy framework. In additi...

by S.Mahendra Dev | On 07 Feb 2012

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

How is Financial Regulation Different for Micro- Finance?

What is the role of financial regulation in the field of micro- finance? This paper identifi es two features of micro- finance which call for unique treatment in policy considerations as compared...

by M Sahoo | On 03 Feb 2012

Stability and Policy Rules in Emerging Markets

Stability results for an open economy DSGE adapted to an emerging market (SOEME) with a dualistic structure have the same structure as in the original model, but those derived for the simulated versi...

by Ashima Goyal | 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

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

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

by Amanda Glassman | On 31 Jan 2012

“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

Technical Productivity Analysis for Cement Industry at Firm Level

This paper analyses the energy use in the manufacture of cement in India during 1992–2005. Cement manufacturing requires large amounts of various energy inputs. The most common types of energy carri...

by Binay Kumar Ray | On 30 Jan 2012

Intentions vs. Implementation of Philippine Economic Reforms Under Aquino, 1986-92

This paper explains the gaps between official objectives and the actual accomplishments of the Aquino government, with an emphasis on the implementation record of agricultural-based strategies. Summar...

by V. Bruce J Tolentino | On 30 Jan 2012

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

Chinese Commodity Imports in Ghana and Senegal: Demystifying Chinese Business Strength in Urban West Africa

Since the beginning of the twenty-first century, independent entrepreneurial migrants from China have been increasingly flocking to Africa in search of “greener pastures.” This paper scrutinizes the...

by Laurence Marfaing | On 25 Jan 2012

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

Input Prices, Subsidies and Farmers' Incentives

The paper studies the subsidy policy in Bangladesh. It analyses implications of subsidy policies; both pros and cons and also suggests some possible solutions.

by M Asaduzzaman | On 20 Jan 2012

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

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

by Muhammad Arshad Khan | On 03 Jan 2012

Moving up the Quality ladder? EU-China Trade Dynamics in Clothing

A simple method is applied to study the relative quality of Chinese versus European products exported in the clothing sector after the end of the Multi-Fiber Arrangement. Based on the model of Foste...

by Hylke Vandenbussche | On 03 Jan 2012

Ethanol Blending Policy in India: Demand and Supply Issues

In the year 2008, the Government of India announced its National Policy on biofuels, mandating a phase-wise implementation of the programme of ethanol blending with petrol in various states. This stud...

by Saon Ray | On 02 Jan 2012

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

Twenty Years of CRC: A Balance Sheet- Volume 1

The report is a rich source with qualitative and quantitative data on the status of children in India from authentic and established sources. [HAQCRC report]. URL:[http://www.haqcrc.org/sites/default/...

by HAQ Centre for Child Rights HAQCRC | On 28 Dec 2011

The Evolving Dynamics of Global Economic Power in the Post-crisis World: Revelations from a New Index of Government Economic Power

This paper develops an index for measuring the economic power of governments viewed as entities in themselves. The basic idea is to encapsulate the economic representative power of a nation’s governme...

by Kaushik Basu | On 27 Dec 2011

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

Seasonal Migration and Risk Aversion

Pre-harvest lean seasons are widespread in the agrarian areas of Asia and Sub-Saharan Africa. Every year, these seasonal famines force millions of people to succumb to poverty and hunger. An incentive...

by Gharad Bryan | On 20 Dec 2011

Monetary Neutrality in the Nepalese Economy during 1975-2008

One of the methods of measuring the effectiveness of monetary policies is via inspection of monetary neutrality in the economy. It is a concept from classical economics and it suggests that changes...

by Mukesh Khanal | On 16 Dec 2011

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

On Learning, Innovation and Competence Building in India’s SMEs: Challenges Ahead

With a vast and diverse SME sector India’s industrialization owes much to the technological dynamism of enterprises. Various institutional interventions have been made to promote innovativeness in t...

by Keshab Das | On 13 Dec 2011

A China Round of Multilateral Trade Negotiations

Until recently, the World Trade Organization (WTO) has been an effective framework for cooperation because it has continually adapted to changing economic realities. The current Doha Agenda is an ab...

by Aaditya Mattoo | On 13 Dec 2011

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

'You Want to Win, Don't You?' Need for a Psychological Model of PED Use in Developing Countries

The social, cultural, economic and demographic context of a country need to be integrated with a psychological paradigm for examining PED use especially in developing countries i.e. The models ...

by Kaveri Prakash | On 01 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

Social Security and Labor Migration in ASEAN

This policy brief takes a preliminary look at portability of social security in ASEAN, particularly old-age, retirement, and survivor benefits. The next section discusses the growth of intra-ASEAN...

by Gloria O. Pasadilla | On 28 Nov 2011

Publishing Construction Contracts as a Tool for Efficiency and Good Governance

Construction is a $1.7 trillion industry worldwide, much of which is linked to publicly financed projects. Outcomes from this financing are frequently suboptimal. Cost and time escalation, as well a...

by Charles Kenny | On 25 Nov 2011

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

Energy Intensity and Firm Performance: Do Energy Clusters Matter?

In analyzing this phenomenon for Indian manufacturing industries, this study tries to find out the determinants of profitability of firms based on three energy clusters (natural gas, petroleum, coal)...

by Santosh Kumar Sahu | On 10 Nov 2011

The Public Procurement Bill, 2011

An Act to regulate public procurement with the objective of maximising economy and efficiency, promoting competition among suppliers and contractors while ensuring a fair, transparent and equitable...

by Planning Commission | On 08 Nov 2011

The Determinants of Export Performance of China's Township-Village Enterprises

The rapid export growth of China's township-village enterprises (TVEs) has not been well understood and explained. Using a simple analytical model and exploring a unique dataset on China's TVEs the...

by Changqi Wu | On 08 Nov 2011

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

Coordination Under Uncertain Conditions: An Analysis of the Fukushima Catastrophe

This paper analyzes the impacts of the 11 March 2011 earthquake and tsunami at the Fukushima nuclear power plant in Japan, which were amplified by a failure of coordination across the plant, corporate...

by Masahiko Aoki | On 03 Nov 2011

Unilateral Carbon Border Measures: Key Legal Issues

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

by Anuradha R. V. | On 01 Nov 2011

The Pricing Problem of Public Transport in Kerala

The mainstay of the public transport system in Kerala is the private stage carriages (PSC), the economics of operation of which is the subject of this paper. The long run sustainability of the secto...

by Narayana D | On 28 Oct 2011

Does Greater Autonomy Improve Performance? Evidence from Water Service Providers in Indian Cities?

The efficiency of urban water supply in 27 Indian cities are analyzed using data envelopment analysis (DEA). Cities are grouped by the management structure of their water utilities. Utilities with g...

by Shreekant Gupta | On 24 Oct 2011

Production and Marketing of Coconut in India

The production and marketing scenario of coconut in the country has witnessed a phenomenal development, particularly in the field of production such as development of improved high yielding dwarf va...

by Ministry of Agriculture GOI | On 21 Oct 2011

Size-class and Returns to Cultivation in India: A Cold Case Reopened

This paper investigates the relationship between returns to cultivation per hectare and size-class of land cultivated in India, using unit level data from the 59th round National Sample Survey, 2003....

by Sarthak Gaurav | On 18 Oct 2011

Transactions Matter but They Hardly Cost: Irrigation Management in the Kathmandu Valley

This study estimates the transaction costs entailed in maintaining Farmer Managed Irrigation Systems (FMIS) in Nepal based on a case study of 60 irrigation systems in the Kathmandu valley. It analyz...

by Ram Chandra Bhattarai | On 18 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

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

Urban Transport Sustainability Indicators – Application of Multi-view Black-box (MVBB) Framework

In a recent work Nathan and Reddy (2011a) have proposed a Multi-view Black-box (MVBB) framework for development of sustainable development indicators (SDIs) for an urban setup. The framework is flex...

by Hippu Salk Kristle Nathan | On 10 Oct 2011

Competition for Foreign Capital: Endogenous Objective, Public Investment and Tax

In this paper the objective functions of the regions as well as their decision to provide public investment are endogenized in a model of competition for foreign owned mobile capital. It is demonstra...

by Rupayan Pal | On 04 Oct 2011

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

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

by Eric Wong | On 03 Oct 2011

User-based Financing of Marine Protection in the Maldives

This paper provides an economic valuation of the recreational uses of atoll-based marine resources in the Republic of the Maldives. A travel demand model to estimate the benefits of atoll-based marin...

by Mahadev G Bhat | On 30 Sep 2011

Global Production Networks in Electronics and Intra-Asian Trade

The growth of East Asia’s intra-regional trade is driven largely by increased component trade within global electronics production networks. Data on both electronics trade and production elucidate a...

by Byron Gangnes | On 29 Sep 2011

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

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

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

by N. Lalitha | On 27 Sep 2011

What Causes Agglomeration? – Policy or Infrastructure – A Study of Indian Manufacturing Industry

This paper investigates whether industrial dispersal policy is more potent or the natural and agglomeration cost advantages are important in influencing locational choice of a firm. To carry out the a...

by Vinish Kathuria | On 22 Sep 2011

Does the System of Rice Intensification Outperform Conventional System? A Case Study of Gujarat

The paper examines the farm level performance of System of Rice Intensification (SRI) method of paddy cultivation as against the traditional method. The role of NGOs in raising awareness among farmers...

by Jharna Pathak | On 22 Sep 2011

Opening India’s Garments Sector to South Asia

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

by Saon Ray | On 16 Sep 2011

Innovation and Entrepreneurship in Developing Countries

How does innovation impact on development? How, and under what conditions, do entrepreneurs in developing countries innovate? And what can be done to support innovation by entrepreneurs in develo...

by Wim Naude | On 16 Sep 2011

Agricultural Productivity and Credit- Issues and Way Forward

Certain trends in agricultural productivity, agricultural finance are outlined. Recommendations for improving agricultural productivity are given here. [Address at The National Seminar on Productivity...

by Chakrabarty K C | On 12 Sep 2011

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

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

by Atsuko Kamiike | On 06 Sep 2011

Achieving Progress for Development Effectiveness in Busan: An Overview of CSO Evidence

The global Reality of Aid Network has been working in preparation for Busan alongside CSO colleagues from women’s rights organizations, trade unions, farmers’ organizations, faith-based organizations...

by Brian Tomlinson | On 30 Aug 2011

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

Objects and Accomplishments of Participatory Irrigation Management Programme in India: An Open Pair of Scissors

Participatory irrigation management programme as a prelude to irrigation management transfer to users is being set up by many states for over five years now. Though it is recognized that the governm...

by R Parthasarathy | On 25 Aug 2011

Urbanization in India: Evidence on Agglomeration Economies

The paper examines the urbanization pattern with context of India. The paper deals with various demographic aspects of urbanization. Also the paper focuses on characteristics and classes of cities, an...

by Arup Mitra | On 19 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

Multidimensional Indices of Achievements and Poverty: What Do We Gain and What and What Do We Lose?

Poverty and well-being are multidimensional. Nobody questions that deprivations and achievements go beyond income. There is, however, sharp disagreement on whether the various dimensions of poverty...

by Nora Lustig | On 11 Aug 2011

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

High-Value Agriculture in India: Past Trends and Future Prospects

Given the declining share of traditional agricultural commodities in production, consumption and trade, horticulture and other non-traditional high-value agriculture represent an important area of p...

by Vijay Paul Sharma | On 09 Aug 2011

Food Quality in Domestic Markets of Developing Economies: A Comparative Study of two Countries

Food quality has become an important determinant of success in global food trade and growers for international markets have to continuously adjust to buyers’ requirements. It is however not clear to w...

by Anneleen Vandeplas | On 03 Aug 2011

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

Chronic Poverty in South West Madhya Pradesh: A Multidimensional Analysis of its Extent and Causes

The structuralist perspective envisages poverty, especially in rural India, as a long duration phenomenon. Over time, most of the structural features of poverty have remained more or less intact. As a...

by Amita Shah | On 02 Aug 2011

The Dynamics of Health and Return Migration

Return migration and health has received little attention in policy and research. This article will focus on the risk factors and social determinants of health during all phases of migration that...

by Anita A Davies | On 20 Jul 2011

Environmental Regulations, Air and Water Pollution, and Infant Mortality in India

Using the most comprehensive data file ever compiled on air pollution, water pollution, environmental regulations, and infant mortality from a developing country, the paper examines the effectivenes...

by Michael Greenstone | On 11 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

Investing in Youth Employment Report

Approximately three-fourths of the world’s 1.5 billion young people live in developing countries. Globally, young people make up nearly half of the ranks of the world's unemployed. Unemployment rates...

by CommonWealth Secretariat | On 01 Jul 2011

On Graham’s Theory of Multicountry Multicommodity Trade

Mathematical formulations of Frank D. Graham’s theory of multicountry multicommodity trade have not provided numerical methods for finding the world trade equilibrium. Graham was in possession of su...

by Rajas Parchure | On 27 Jun 2011

International Trade, R&D Spillovers and Productivity: Evidence from Indian Manufacturing Industry

This paper examines the effect of trade facilitated R&D spillovers on the productivity of manufacturing firms in India. Though developing countries are considered as the major beneficiaries of trade...

by M. Parameswaran | On 24 Jun 2011

Tailored Aid for a Tailored Age?

In this short essay, senior fellow David Wheeler compares the world’s foreign assistance architecture to how the rest of the world operates in the digital age. He suggests that multilateral and bilat...

by David Wheeler | On 24 Jun 2011

Has China and India Become More Innovative Since the Onset of Reforms in the Two Countries?

China and India are definitely on a higher economic growth path, although the contribution of technology to economic growth is still not very clearly estimated. There is evidence to show that innova...

by Sunil Mani | 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

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

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

by Pradeep Kumar Keshari | On 14 Jun 2011

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

Non-financial Reporting – What, Why and How - Indian Perspective

The importance of non-financial reporting in the overall assessment of a company's performance, its risk-return trade off is steadily gaining ground, both globally and in India. [Address by Dr K. C...

by Chakrabarty K C | On 10 Jun 2011

Migration as a Tool for Disaster Recovery

After a natural catastrophe in a developing country, international migration can play a critical role in recovery. But the United States has no systematic means to leverage the power and cost-effecti...

by Royce Bernstein Murray | On 08 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

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

Regional Openness, Income Growth, and Disparity across Major Indian States during 1980-2004

As a country progressively engages in international trade, its factors of production will increasingly enter into the export sector, where their return is higher, compared to the import competing...

by Dibyendu Maiti | On 23 May 2011

Moving to Goods and Services Tax in India: Impact on India’s Growth and International Trade

The broad objectives of this study refer to analysing the impact of introducing comprehensive goods and services tax (GST) on economic growth and international trade; changes in rewards to the fac...

by National Council of Applied Economic Research | On 19 May 2011

Staff Guidance Note on Debt Limits in Fund-Supported Programs

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

by International Monetary Fund | On 18 May 2011

Framework Administered Account for Selected Fund Activities: World Bank Subaccount for Selected Fund Activities

In March 2009, the Fund established a new Framework Administered Account to administer external financial resources for selected Fund Activities (the “SFA Instrument”). The financing of activities u...

by International Monetary Fund | On 12 May 2011

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

National Budget Making: Bottom Up Approach and Inclusiveness

National Budget of the country is the annual program of the Government's expenditure and income for a fiscal year. In a developing economy like Bangladesh, the national annual budgets reflect the gove...

by Atiur Rahman | On 03 May 2011

Measuring Energy Use Efficiency in Presence of Undesirable Output: An Application of Data Envelopment Analysis (DEA) to Indian Cement Industry

In most cases, energy use in the production of a given desirable output results in the generation of undesirable output also as a by-product. Thus, the aim of this paper is to estimate energy use...

by Sabuj Kumar Mandal | On 02 May 2011

Report of the Task Force on Credit Related Issues of Farmers

The Task Force visited 45 villages across 17 states and held state and regional level consultations to understand from women and men farmers, bankers, civil society, academicians, planners, activists,...

by National Bank for Agriculture and Rural Devt NABARD | On 27 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

Financial Transactions Taxes

This paper attempts to address both theoretical and practical considerations for a tax such as financial transactions taxes (FTT). It includes examples of FTT in the wider context, for example, on sto...

by Parthasarathi Shome | On 18 Apr 2011

Micro-loans, Insecticide-Treated Bednets and Malaria:Evidence from a Randomized Controlled Trial in Orissa (India)

Many severe health risks in developing countries could be substantially reduced with access to appropriate preventive measures. However, the associated costs are often high enough to restrict access...

by Alessandro Tarozzi | 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

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

Budget 2011-12, Meghalaya

Budget 2011-12 presented by the Finance Minister.

by Government of Meghalaya Govt | On 28 Mar 2011

World Malaria Report 2010

The World Malaria Report 2010 summarizes information received from 106 malaria-endemic countries/areas and other partners and it updates the analyses presented in the 2009 Report. It highlights con...

by World Health Organisation | On 25 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

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

Health, Technical Efficiency And Agricultural Production In Indian Districts

In this study, they attempt to quantify the effect of improved population health on technical efficiency in agricultural production. Using data for over 260 districts in 15 Indian states, they emplo...

by Atheendar S. Venkataramani | On 17 Mar 2011

A Green Venture Fund to Finance Clean Technology for Developing Countries

A structure for the green venture fund (GVF) and explain the design rationale, operating principles and key parameters for two funds of funds for technology innovation and deployment is proposed. Some...

by Darius Nassiry | On 16 Mar 2011

Cambodia enters the WTO: Lessons learned for Least Developed Countries

The Government of the Kingdom of Cambodia applied for accession to the World Trade Organization in October 1994. At its meeting on 21 December 1994, the Preparatory Committee for the WTO establishe...

by Sok Siphana | On 16 Mar 2011

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

Discussion Paper: e-Development Index

As per economic theory, digitalisation of the economy impacts economic growth in two ways: one as an input in to production process and the other as an enhancer of productivity through technological...

by Mr. R. Venkatesan | On 11 Mar 2011

e-development? Development and the New Economy

The world economy has recently changed. A new world economy has emerged over the last decade as two long-run broad trends, globalization and advances in information and communication technology (I...

by Matthew Clarke | On 10 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

Open Markets for the Poorest Countries: Trade Preferences That Work

Many rich countries provide special market access for exports from least developed countries (LDCs), but the trade preferences are often inhibited by tough restrictions and do not extend to the produc...

by Kimberly Ann Elliott | On 10 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

Draft National Food Security Bill: Explanatory Note

This Explanatory Note highlights the rationale and major considerations that form the basis of the NAC proposals on food security. It supplements (i) the NAC recommendations on food security relea...

by National Advisory Council NAC | On 04 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

Economic Survey, 2010-11, Chapter 1

State of the Economy and prospects. URL:[http://www.indiabudget.nic.in/es2010-11/echap-01.pdf].

by Ministry of Finance | On 28 Feb 2011

Economic Growth and the Rise of Forests

Although forests have diminished globally over the past 400 years, forest cover has increased in some areas, including India in the last two decades. Aggregate time-series evidence on forest growth...

by Mark Rosenzweig | On 25 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

Explaining the incidence of catastrophic expenditures on health care: Comparative evidence from Asia

Out-of-pocket (OOP) financing of health care leaves households exposed to the risk of unforeseen expenditures that absorb a large share of the household budget. Here, they explain variation in the inc...

by Eddy van Doorslaer | On 21 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

Punishing the Poor? A Look at Evidence and Action Regarding User Fees in Health Care

This policy brief aims to summarise evidence and discuss various concerns about charging user fees from a low-income perspective.

by ... CEHAT | On 16 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

National Programme for the Health Care of the Elderly-Better Late than Never

While there are many path-breaking elements in the Programme document, the stress is on a top down programme that leaves little room for accommodating regional needs. Nor is there much emphasis on enc...

by Syam Prasad | 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

Does Management Matter? Evidence from India

A long standing question in social science is to what extent differences in management cause differences in firm performance. To investigate this we ran a management field experiment on large Indian t...

by Nicholas Bloom | On 14 Feb 2011

Who Pays for Health Care in Asia?

This paper describes the structure and the distribution of health care financing in 13 territories that account for 55% of the Asian population. Survey data on household payments are combined with Hea...

by Owen O’ Donnell | On 11 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

Education Quality and Development Accounting

This paper measures the role of quality-adjusted years of schooling in accounting for cross-country output per worker differences. [BREAD Working Paper No. 277] URL: [http://ipl.econ.duke.edu/bread/pa...

by Todd Schoellman | On 11 Feb 2011

Climate Variability and Agricultural Productivity: Case Study of Rice Yields in Northern India

Agriculture is a climate sensitive sector and provides livelihood for more than 60 percent of Indian population. There have been a large number of studies over the past decade that tried to assess t...

by Ishwarya Balasubramanian | On 09 Feb 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

Global Employment Trends 2011: The Challenge of a Jobs Recovery: Executive Summary

This year's Global Employment Trends report is the first to assess how the world’s labour markets have been faring during the ongoing economic recovery and provide projections of employment and unempl...

by International Labour Organisation ILO | On 31 Jan 2011

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

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

Retrieving LAI of Different Forest Species from Landsat TM/ETM+ Imaginary

Information on vegetation is important for the planning of regional natural resources management carbon cycling studies, terrestrial primary productivity modeling of hydrology, energy and climate. In...

by Nepal C. Dey | On 17 Jan 2011

Should Shrimp Farmers Pay Paddy Farmers? The Challenges of Examining Salinisation Externalities in South India

There has been growing concern over conversion of coastal rice paddies to shrimp farms. This study estimates the external cost of shrimp-induced salinity on crop production by comparing two villages i...

by L. Umamaheswari | On 13 Jan 2011

Evolution of India’s Exchange Rate Regime

The paper analyzes the changing INR trends over the reform period, in the context of fundamental determinants of exchange rates. [WP-2010-024].

by Ashima Goyal | On 13 Jan 2011

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

The Financial Deepening–Productivity Nexus in China: 1987–2001

The financial intermediation–growth nexus is a widely studied topic in the literature of development economics. Deepening financial intermediation may promote economic growth by mobilizing more...

by Jun Zhang | On 03 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

Education Under Gram Daridro Bimochan Committee: Present Status and Future Directions

Challenging the Frontiers of Poverty Reduction (CFPR) is a BRAC programme targeting the ultra poor households in various locations in the country. This programme targets the women of the bottom decile...

by Rafiath Rashid | On 22 Dec 2010

Statistical Discrimination, Productivity and the Height of Immigrants

The analysis focuses on immigrants and native-born individuals because employers are likely to have less reliable signals of productivity for an immigrant than a native-born individual. Using multip...

by Shing-Yi Wang | On 21 Dec 2010

The Relative Efficiency of Water Use in Bangladesh Agriculture

This study examines the marginal productivity of water and other inputs in dry season rice production in Bangladesh. Agriculture is the major water using sector in Bangladesh, but water is in shortsup...

by Nasima Tanveer Chowdhury | On 17 Dec 2010

Capability Traps? The Mechanisms of Persistent Implementation Failure

Many countries remain stuck in conditions of low productivity that many call “poverty traps.” Economic growth is only one aspect of development; another key dimension of development is the expansion...

by Lant Pritchett | On 15 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

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

Composite Indices of Human Well-being: Past, Present, and Future

This paper surveys the various composite well-being indices that have been inter-country assessments over the last 40 or soy ears, including the well known Human Development Index (HDI). A number of...

by Mark McGillivray | On 03 Dec 2010

How Can Donors Create Incentives for Results and Flexibility for Fragile States? A Proposal for IDA

International Development Association (IDA) donors and others operating a country performance-based allocation system face two difficult problems: how to strengthen incentives to produce and document...

by Alan Gelb | On 29 Nov 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

Partnerships with the Private Sector in Health: What the International Community Can Do to Strengthen Health Systems in Developing Countries

The private sector plays a significant role in delivering health care to people in developing countries. By some estimates, more than one-half of all health care—even to the poorest people—is provided...

by (Centre for Global Development) Advisory Faculty | On 26 Nov 2010

Economic Growth and Financial Depth: Is the Relationship Extinct Already?

Although the finance–growth nexus has become firmly entrenched in the empirical literature, studies that question the strength of the empirical results have appeared and seem to have become more f...

by Peter L. Rousseau | On 26 Nov 2010

Mega projects in India Environmental and Land Acquisition Issues in the Road Sector

Mega projects (primarily infrastructure) receive a sizable investment (~10%) of the gross fixed capital formation in India. Environmental clearances and land acquisitions have been the two major rea...

by G. Raghuram | On 25 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

Leveraging Innovations for Inclusive Governance

The concern for making services of public systems accessible, accountable and affordable for the disadvantaged people has been there since independence of the country. However, after recognising the...

by Anil. K Gupta | 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

Total Factor Productivity Growth and Its Decomposition: An Assessment of the Indian Banking Sector in the True Liberalised Era

Assessments of the performance of Indian commercial banks are not new in the literature. However, most of the earlier studies consider relatively partial measures such as technical efficiency of the...

by Anup Kumar Bhandari | 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

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

Human Capital, Labour Productivity and Employment

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

by Savita Bhat | On 01 Nov 2010

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

India's IT Export Boom: Challenges Ahead

Given the manifold ways, in which the information technology could contribute to human welfare, the developing countries have invested in Information Technology (IT) as a short cut to prosperity. I...

by K.J. Joseph | 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

Understanding NREGA: A Simple Theory and Some Facts

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

by Diganta Mukherjee | On 29 Oct 2010

New Agriculture Technology, Skill Formation, Food Security and Poverty Reduction in Rural Asia: A Comparison of Three Projects from India, China and Bangladesh

The present paper compares the strategies, capacity building processes and outcomes/impacts of three projects during the period 2005-10. The project area covered by the study are located as follows: ...

by Neela Mukherjee | On 29 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

Small and Medium Enterprises in Japan: Surviving the Long-Term Recession

The relationship between large enterprises (LEs) and small and medium enterprises (SMEs) in Japan has undergone major changes during the long-term recession since 1991. While SMEs still play the impor...

by Shuji Uchikawa | On 23 Oct 2010

Snafu

For all one knows, the Commonwealth Games may go off without a hitch. How much that will repair the damage already done to Brand India is a matter of guesswork. All that can be said just now is that i...

by T.N. Ninan | On 18 Oct 2010

Global Production Networks and the People’s Republic of China’s Processing Trade

This paper unveils a systematic pattern in the People’s Republic of China’s (PRC) processing trade. In a cross-section of the PRC’s provinces, the average distance traveled by processing imports (...

by Alyson C. Ma | On 18 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

On Some Monetarist Arithmetic

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

by M J Manohar Rao | On 13 Oct 2010

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

India's Intra- Industry Trade Under Economic Liberalization: Trends and Country Specific Factors

This paper focuses on two aspects of India’s intra-industry trade (IIT) in manufactured commodities under economic liberalization. First, it examines the changes in the intensity of multilateral IIT...

by Veeramani C | On 05 Oct 2010

Fiscal Policy Coordination in Asia: East Asian Infrastructure Investment Fund

East Asian countries were seriously affected by the 2008 global crisis through a steep fall in exports. This experience exposed the vulnerability of the East Asian growth model and emphasized the impo...

by Mahani Zainal Abidin | On 05 Oct 2010

Role of the Leading Input in Shaping Institutions: Tendency in the Context of Irrigation Uncertainty

The past three decades have witnessed the growth of a voluminous literature on tenancy arid reIated institutions. Problems of resource use efficiency, role of markets, inter-linkages between markets...

by D. Narayana | On 04 Oct 2010

Appropriate Economic Space for Transnational Infrastructural Projects: Gateways, Multimodal Corridors, and Special Economic Zones

This study addresses three questions that arise in Asia when formulating, financing, implementing, and maintaining transnational linkages versus purely domestic connections. [ADBI Working Paper 237]

by Peter J. Rimmer | On 04 Oct 2010

Risk-return Efficiency, Financial Distress Risk, and Bank Financial Strength Ratings

This paper investigates whether there is any consistency between banks’ financial strength ratings (bank rating) and their risk-return profiles. It is expected that banks with high ratings tend to ear...

by Changchun Hua | On 04 Oct 2010

Commodity Taxation and Social Welfare : The Generalised Ramsey Rule

Commodity taxes have three distinct roles: (1) revenue collection, (2) interpersonal redistribution, and (3) resource allocation. The paper presents an integrated treatment of these three concerns...

by David Coady | On 01 Oct 2010

Who Are the MDG Trailblazers? A New MDG Progress Index

In September, world leaders will assemble in New York to review progress towards the Millennium Development Goals (MDGs). Ahead of the ensuing discussions, we examine how individual countries are fari...

by Benjamin Leo | On 29 Sep 2010

Debt Policy in a Competitive Two-Sector Overlapping Generations Model

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

by Partha Sen | On 28 Sep 2010

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

Fiscal Policy Issues for India after the Global Financial Crisis (2008–2010)

The need for fiscal consolidation and sustainability is one of the key macroeconomic issues confronting Indian economy. This paper attempts to understand India’s current fiscal situation, its likely f...

by Rajiv Kumar | On 28 Sep 2010

The Cost Competitiveness of Manufacturing in China and India: An Industry and Regional Perspective

This paper focuses on comparisons of productivity, (unit) labor cost and industry-level competitiveness for the manufacturing sector of China and India. They first provide a comparison between India a...

by Bart Van Ark | On 20 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

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

Back on the Rails: Competition and Productivity in State-owned Industry

The importance of Total Factor Productivity (TFP) in explaining output changes is widely accepted, yet its sources are not well understood. We use a proprietary data set on the floor-level operations...

by Sanghamitra Das | On 13 Sep 2010

Entry Threats and Inefficiency in ‘Efficient Bargaining’

Whether the outcome of bargaining over wage and employment between an incumbent firm and a union remains efficient under entry threat is examined. The workers\' reservation wage is not known to the ...

by Rupayan Pal | On 10 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

A darker mood

This editorial talks about how the country's mood is darker than it was a year ago.

by T.N. Ninan | On 16 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

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

Asian Economic Integration ASEAN+3+1 or ASEAN+1s?

In this paper an attempt is made to evaluate the most efficient approach to regional economic integration in Asia. Given that ASEAN is an existing regional bloc in Asia, alternative approaches to the...

by Amita Batra | On 04 Aug 2010

Determinants of Competitiveness of the Indian Auto Industry

This paper analyses the determinants of competitiveness of auto industry in India, based on a field survey and a quantitative analysis of secondary data. It highlights that all segments of Indian auto...

by Badri Narayanan G. | On 29 Jul 2010

The Employment-Unemployment Situation in India in the Nineteen Nineties: Some Results from the NSS 55th Round Survey (July 1999-June 2000)

The National Sample Survey Organisation (NSSO) has recently released the report containing key results of the NSS 55th Round Employment-Unemployment Survey covering the period July 1999 thru June 2...

by K. Sundaram | On 26 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

Comparative Vigilance

A growing body of literature suggests that courts and juries are inclined toward division of liability between two strictly non-negligent or “vigilant” parties. However, standard models of liability r...

by Allan M. Feldman | On 20 Jul 2010

Issues in Infrastructure for Export of Rice from India

Rice is exported in two varities, basmati and non-basmati. The basmati rice exports are in three categories: white, brown and parboiled. India earned Rs 18.4 billion in 2001-02 from exports of basmati...

by G. Raghuram | On 15 Jul 2010

Efficiency of Organic Input Units under NPOF Scheme in India

This paper discusses in detail the vast and rich agricultural knowledge that India has developed since ancient times, and the entire agricultural community trying to find an alternative sustainable fa...

by D. Kumara Charyulu | On 08 Jul 2010

The Benefits of Regional Infrastructure Investment in Asia: A Quantitative Exploration

Capitalizing on recent estimates of infrastructure financing requirements in Asia, this paper frames a scenario for infrastructure development in the region and estimates the external effects of infra...

by Fan Zhai | On 30 Jun 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

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

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

by Christoph Kurowski | On 25 Jun 2010

Economic and financial analysis of scaling up child, newborn and maternal health

Little attention has been paid to the question of how to finance the costs of scaling up MNCH care and the likely availability of funds. Methods Past health expenditure (2000 – 2005) was analysed th...

by Giulia Greco | On 25 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

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

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

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

The (Indispensable) Middle Class in Developing Countries; or, The Rich a the Rest, Not the Poor and the Rest

In this paper an argument is made that the concept of inclusive growth should go beyond the traditional emphasis on the poor (and the rest) and take into account changes in the size and economic c...

by Nancy Birdsall | On 31 May 2010

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

Education Impact Study: The Global Recession and the Capacity of Colleges and Universities to Serve Vulnerable Populations in Asia

This paper reviews the capacity of colleges and universities to serve poor and vulnerable populations during past and present economic shocks. The main argument is that the environment of the global r...

by Gerard Postiglione | On 27 May 2010

Do Reservation Policies Affect Productivity In The Indian Railways?

The objective in this paper is to shed some empirical light on a claim often made by critics of affirmative action policies: that increasing the representation of members of marginalized communities i...

by Ashwini Deshpande | On 26 May 2010

Global Crisis, Environment Volatility and Expansion of Tthe Indian Leather Industry

The present paper attempts to fill in the gap that exists in the Indian Leather industry, and makes some suggestions regarding the expansion of the by examining technical efficiency (TE) of individ...

by Anup Kumar Bhandari | On 26 May 2010

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

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

by D. Kumara Charyulu | On 25 May 2010

Which Asia?

Is Asia a cohesive analytical unit in any practical sense?

by T.N. Ninan | On 17 May 2010

Impact of ASEAN-India FTA on India’s Plantation Commodities: A Simulation Analysis

The present study attempts a quantitative assessment of the impact of recently signed ASEAN-India FTA (AIFTA) for selected plantation commodities (coffee, tea and pepper) in India. Partial equilibri...

by C. Veeramani | On 20 Apr 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

Socio-Economic Impact of Mobile Phones on Indian Agriculture

This paper investigates a series of questions that explore this topic: What kind of information do farmers value the most to improve agricultural productivity? Do mobile phones and mobile-enabled ag...

by Surabhi Mittal | On 03 Mar 2010

Budget 2010-2011

Budget speech 2010-2011 by Pranab Mukherjee

by Pranab Mukherjee | On 26 Feb 2010

Graduating to Globalisation: A Study of Southern Multinationals

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

by Dilek Demirbas | On 16 Feb 2010

Factor Employment, Sources and Sustainability of Output Growth: Analysis of Indian Manufacturing

The manufacturing sector in India is crucial for two main reasons: It has significant potential to provide modern employment to a growing labour force, especially that of less skilled type and second...

by Arvind Virmani | On 09 Feb 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

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

Snakes, Ladders and Traps: Changing Lives and Livelihoods in Rural Bangladesh (1994-2001)

This paper examines national-level explanations for poverty decline in Bangladesh in micro-level detail, in order to better understand the nature of the causalities at work and why some households h...

by Naila Kabeer | On 28 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

Cuba: A Country Profile on Sustainable Energy Development

A concise overview of the energy related aspects of sustainable development programmes and declarations, followed by a short summary of events and documents explicitly devoted to energy matters are gi...

by International Atomic Energy Agency IAEA | On 25 Jan 2010

Productivity of Pesticides in Vegetable Farming in Nepal

This paper examines the effectiveness of damage control mechanisms to reduce crop losses from agricultural pests. It uses data from a sample of Cole crop (Cauliflower and Cabbage) growing households...

by Ratna Kumar Jha | On 22 Jan 2010

Can Global De-Carbonization Inhibit Developing Country Industrialization?

In this paper, we seek to make a twofold contribution. On outcomes, we focus on manufacturing exports as well as on manufacturing output both in the aggregate and in selected sectors. On policy, the i...

by Aaditya Mattoo | On 19 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

Who Owns Children and Does It Matter?

In this paper a particular market failure that may lead to inefficiently low equilibrium fertility and therefore to a need for government intervention are analysed. The friction which is investigated...

by Alice Schoonbroodt | On 18 Jan 2010

The Nature of Rural Infrastructure: Problems and Prospects

This paper looks at rural infrastructure facilities in India, the lack of which is demonstrated to be an impediment to sustained economic development. It is argued that problems of rural infrastruct...

by Suman Bery | On 15 Jan 2010

Key Copenhagen Messages

Climate change is one of the most important issues of the next decades and has the potential to severely impact societies, economies and human wellbeing.

by Caio Koch-Weser | On 16 Dec 2009

Mobile Commerce, Mobile Banking - The Emerging Paradigm

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

by Chakrabarty K C | On 14 Dec 2009

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

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

by Jozef Konings | On 11 Dec 2009

Has India Become More Innovative Since 1991? Analysis of the Evidence and Some Disquieting Features

There is a strong feeling among especially the West that India is becoming very innovative. The study will take the reader through the empirical evidence on whether this is indeed the case since the...

by Sunil Mani | On 03 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

Agricultural Subsidies and Negotiations: Strategies and Options

The paper points out that some provisions of the framework will allow developed countries to maintain and, in some cases, even increase domestic farm support and still remain WTO-compliant. In most ca...

by Parthapratim Pal | On 25 Nov 2009

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

Should Asian Countries Adopt Gm Crops Despite Trade Regulations

This brief summarizes a study evaluating the potential economic effects of introducing genetically modified (GM) food crops in India, Bangladesh, Indonesia, and the Philippines in the presence of trad...

by Guillaume Gruère | On 11 Nov 2009

Institutional and Economic Perspectives on Government Capacity to Assume New Roles in the Health Sector: a Review of Experience

This review paper provides the background to research that will take place in four country case-studies to examine these issues. A key focus of this paper concerns government's capacity to fulfil the...

by Sara Bennett | On 09 Nov 2009

Shariat Courts and Women’s Rights in India

The main thrust of this paper is: Why should women go to these courts to settle matrimonial disputes while there are provisions for them in secular courts? Do women face less harassment and get quic...

by Sabiha Hussain | On 05 Nov 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

Kerala Fights Clock in ASEAN Free-Trade Deal

The paper discusses the impacts of free-trade policy on the agricultural exports of Kerala.

by Ranjit Devraj | On 08 Oct 2009

Rural Nonfarm Employment and Incomes in the Himalayas

This paper analyzes the determinants of participation in nonfarm activities and of nonfarm incomes across rural households. A unique data set collected in the Himalayan region of India allows us to...

by Maja Micevska | On 30 Sep 2009

Global Warming and Agriculture: New Country Estimates Show Developing Countries Face Declines in Agricultural Productivity

There is a growing recognition that global warming is a problem, but little attention has been paid to the likely impact at the country level, especially in the developing world. The stakes for worl...

by William R Cline | On 23 Sep 2009

The Afghan Economy After the Election

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

by Manabu Fujimura | On 17 Sep 2009

State-Led or Market-Led Green Revolution? Role of Private Irrigation Investment vis-a-vis Local Government Programs in West Bengal’s Farm Productivity Growth

This paper estimates respective roles of private investments in irrigation and local government programs (land reforms, extension services, and infrastructure investments) in the growth of farm prod...

by Pranab Bardhan | On 14 Sep 2009

Monetary Policy, Forex Markets and Feedback Under Uncertainity in an Opening Economy

Options for monetary policy arising from interactions between it and Indian foreign exchange (FX) markets. A brief survey covers recent rapid changes providing a snapshot of current microstructure, ...

by Ashima Goyal | On 14 Sep 2009

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

Progressive Social Change – Women’s Empowerment

The focus is on the social discrimination trap, which highlights the ways in which men and women’s, girls and boys’ experiences of poverty differ in important ways. It is also discussed how understand...

by Tim Braunholtz Speight | On 01 Sep 2009

Workbook on Life Skills

RGNIYD planned to develop a workbook on Life Skills which would help adolescents to both understand the concepts of the ten core Life Skills and practice them. The workbook has been carefully designed...

by Rajiv Gandhi National Institute of Youth Developme RGNIYD | On 19 Aug 2009

Aggregate Productivity Growth in Indian Manufacturing: An Application of Domar Aggregation

An attempt is made to compute the aggregate productivity growth using the Domar aggregation technique. Building up from the Total Factor Productivity Growth (TFPG) estimates for 3-digit industries, we...

by Deb Kusum Das | On 12 Aug 2009

Restoring the Asian Silk Route: Toward an Integrated Asia

Lack of full regional connectivity is one of the major constraints hindering regional growth and integration in Asia, as well as with the rest of the world. One of the conclusions of this paper is tha...

by Biswa N Bhattacharyay | On 11 Aug 2009

Village Development Boards (VDBs) in Nagaland

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

by Karmakar K G | On 06 Aug 2009

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

“Group Measurement” of NREGA work: The Jalore Experiment

The paper takes a closer look at an experiment of NREGA training mates (worksite supervisors) in Rajasthan to improve worksite management. It is based on a four-day field visit (11-14 February, 2008)...

by Reetika Khera | On 05 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

The Employment Potential of Labor Intensive Industries in India's Organized Manufacturing

This paper attempts to identify and examine labor intensive industries in the organized manufacturing sector in India in order to understand their employment generation potential. Using the data from...

by Deb Kusum Das | On 13 Jul 2009

Budget 2009-2010

Budget 2009-2010 by Pranab Mukherjee

by Pranab Mukherjee | On 09 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

Crises, Capital Controls, and Financial Integration

This paper analyzes the effects of capital controls and crises on financial integration, using stocks from emerging economies that trade in both domestic and international markets. The cross market p...

by Eduardo Yeyati | On 27 Jun 2009

Impact of Imported Intermediate and Capital Goods on Economic Growth: A Cross Country Analysis

Knowledge accumulation in the richer countries provides them with comparative advantages in higher productivity products. The countries that import the higher productivity intermediate products and ca...

by C Veermani | On 23 Jun 2009

Groundwater Irrigation in India: Gains, Costs and Risks

Groundwater has rapidly emerged to occupy a dominant place in India’s agriculture and food security in the recent years. It has become the main source of growth in irrigated area over the past 3 decad...

by Vasant P Gandhi | 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

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

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

by H. N. Thenuwara | On 15 Jun 2009

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

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

A New Debt Crisis? Assessing the Impact of the Financial Crisis on Developing Countries

This report is intended as a wake-up call to anyone who thinks the developing world debt crisis has been resolved. In fact, it assesses fears of a new debt crisis, more serious than before, spreading...

by Sarah Edwards | On 11 Jun 2009

Health Economics for Developing Countries: A Survival Kit

Health economics is increasingly recognized as a discipline that has much to offer developing countries in addressing these problems, but how can it help? What economic concepts and tools can be appli...

by Anne Mills | On 04 Jun 2009

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

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

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

Impact of Imported Intermediate and Capital Goods on Economic Growth: A Cross Country Analysis

Knowledge accumulation in the richer countries provides them with comparative advantages in higher productivity products. The countries that import the higher productivity intermed...

by C Veermani | On 21 May 2009

Backward Linkages of Foreign Subsidiaries in Guangdong, China: A Country- of –Origin Analysis

Multinational companies exercise their impact on the economic development of the host countries and regions through Foreign Direct Investments (FDI). The host countries tap the benefits from these FDI...

by Filip De Beule | On 15 May 2009

Managing Prolonged Low Fertility: The Case of Singapore

This paper analyzes Singapore’s multi-pronged approach to managing prolonged low fertility which has led to population aging, labor force shortages, increasing elderly dependency ratios, and feminizat...

by Mukul. G Asher | On 15 May 2009

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

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

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

by Fan Zhai | On 14 May 2009

Genetic Engineering in Indian Agriculture An Introductory Handbook

The handbook is prepared to create an informed public debate on Genetic Engineering in agriculture and this Introductory Manual is a contribution to this debate – a debate not just on GE in agricultur...

by Kavitha Kuruganti | On 21 Apr 2009

Sri Lanka Budget 2009

2009 Budget speech

by Ministry of Finance and Planning Sri Lanka | On 20 Apr 2009

Kerala Budget Speech 2009-10

Budget speech by finance minister Dr. Thomas Issac

by Government of Kerala Govt | On 23 Feb 2009

Thinking 'Small' and the Understanding of Poverty: Maymana and Mofizul's Story

Much recent thinking on poverty and poverty reduction is ‘big’ in terms of its ideas, units of analysis, datasets, plans and ambitions. While recognising some of the benefits of such approaches this p...

by David Hulme | On 21 Jan 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

Consultation Paper on Review of Interconnection Usage Charge (IUC)

Written comments on the issues raised for consultation may please be furnished to Principal Advisor (FN), TRAI by 30th January, 2009. The comments may be sent in writing and also preferably be sent in...

by Telecom Regulatory Authority of India TRAI | On 08 Jan 2009

Employment Growth in Rural India: Distress Driven?

The 61st round of NSS shows that there is a turnaround in employment growth in rural India after a phase of ‘jobless growth’. Paradoxically, this employment growth occurred during a period of wide ...

by Vinoj Abraham | On 05 Jan 2009

Micro, Small and Medium Enterprises in India: Unfair Trade

This paper attempts a critical review of the performance and policy concerning the micro, small and medium enterprises (MSMEs) in globalizing India since the early 1990s whence economic reforms were...

by Keshab Das | On 02 Jan 2009

Emerging through Technological Capability: An Overview of India’s Technological Trajectory

In this paper an overview of India’s technological trajectory with a view to understanding the nuances of India’s technological capability and the role it has played in the process of India’s econom...

by Amit Shovon Ray | On 26 Dec 2008

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

The Global Financial Turmoil and Challenges for the Indian Economy

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

by D Subbarao | On 19 Dec 2008

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

Global and Regional Shocks: Challenges to Asian

Two major economic problems are currently shadowing Asian economies. On the one hand, the slowdown in the US economy, ignited by the subprime mortgage crisis, may not be confined to the US region...

by Kwanho Shin | On 05 Dec 2008

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

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

Hobbes, Coase and Baliraja: Equity and Equality in Surface Water Distribution

It is attempted to understand the implications of equality in water distribution on social welfare with a simple abstract analysis using Leontief-type fixed production function.

by Sashi Sivramakrishna | On 16 Oct 2008

An Open Services Regime Recipe for Jobless Growth?

This paper reviews India’s experience to understand how services sector liberalisation can generate (welfare) gains for developing countries, in particular vis-à-vis its employment generation potenti...

by Suparna Karmakar | On 14 Oct 2008

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

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

by Jahangir Aziz | On 07 Oct 2008

Technology Sourcing and Internationalisation of IT firms in India

The paper analyzes the determinants of internationalisation, defined in terms of export intensity and overseas investments, of the IT firms in India. In particular, the paper examines the role of tech...

by Narayanan K | On 01 Oct 2008

Early Warnings of Inflation in India

In India, year-on-year percentage changes of price indexes are widely used as the measure of inflation. In terms of monthly data, each observation of a one-year change in inflation is the sum of twelv...

by Rudrani Bhattacharya | On 25 Sep 2008

Pakistan Budget in Brief 2008

Budget in Brief is designed to summarize the detailed information into an overview comprising essential information about expenditure and receipt and the resulting budget balance.

by Ministry of Finance, Government of Pakistan, | On 22 Sep 2008

Sri Laka Budget Speech

2008 Budget presented by His Excellency the President Mahinda Rajapaksa

by Ministry of Finance and Planning Sri Lanka | On 18 Sep 2008

Trading with Asia’s Giants

India represents a sharp contrast to China in the small size of its goods trade. Although India’s GDP is a third that of China, its global trade is only about 12 percent as large while its trade with...

by Barry Bosworth | On 22 Aug 2008

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

Corruption, Default and Optimal Credit in Welfare Programs

In this paper a dynamic model of subsidized credit provision is presented to examine how asymmetric information exacerbates inefficiency caused by corruption. Though designed to empower the underprivi...

by Bibhas Saha | On 11 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

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

Are Fair Trade Labels Effective Against Child Labor?

In this paper, a model of North-South trade is developed to analyze the impact of a label certifying the absence of child labour in the export production of the South. [WP no 144].

by Jean Marie Baland | On 19 Jul 2008

Impact of Organic Farming on Economics of Sugarcane Cultivation in Maharashtra

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

by Kshirsagar K G | On 14 Jul 2008

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

Foreign Entry and Domestic Welfare: Can “Market Discipline” be Excessive

For most developed countries, "opening up" of the economy has meant the reduction of non-prohibitive tariffs and the easing or abolition of quantitative restrictions. For manydeveloping countries and...

by Aditya Bhattacharjea | On 20 Jun 2008

Innovation and Growth: Role of the Financial Sector

A brief overview is provided about India’s long-term growth performance. Then an attempt is made to set out the conditions for successful innovations. To assess the role of innovations in the Indian...

by Rakesh Mohan | On 03 Apr 2008

Stagflation Cometh

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

by Joseph E. Stiglitz | On 17 Mar 2008

Inclusive Growth - The Role of Banks in Emerging Economies

Speech describes India’s experiences on ‘Inclusive Growth’ - a topic which is both current and close to the hearts of public policymakers and central bankers of emerging economies. [Independence Comme...

by Usha Thorat | On 14 Mar 2008

Information Technology and Productivity: Evidence From India's Manufacturing Sector

An attempt is made at addressing the question about how has India fared in terms of harnessing this technology for enhancing manufacturing productivity. issue by analyzing an unpublished data set on...

by K.J. Joseph | On 10 Mar 2008

Introducing the Railway Budget 2008-2009

Speech of Lalu Prasad

by Lalu Prasad | On 27 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

Health and Millennium Development Goal 1: Reducing Out-of-pocket Expenditures to Reduce Income Poverty - Evidence from India

The first of the eight Millennium Development Goals is to halve extreme poverty and hunger by 2015. In India, thirty two and a half million people fall below the national poverty line by making out-of...

by Charu C. Garg | On 07 Feb 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

Financing Arrangements for Nuclear Power Projects in Developing Countries A Reference Book

The IAEA topical seminar on Financing of Nuclear Power Projects in Developing Countries reaffirmed that a major requirement for and constraint on the development of nuclear power projects in developin...

by International Atomic Energy Agency IAEA | On 14 Jan 2008

Newsletter on Regional Economy A bi-monthly four-state update from IRIS

A monthly compilation by IRIS.

by IRIS India IRIS | On 11 Jan 2008

Optimal Patent Length in a North-South Framework

Under certain conditions it is optimal for the noninnovating south to give patent protection for a longer time period than the innovating north. A cooperative patent agreement involves a larger protec...

by Swapnendu Banerjee | On 03 Jan 2008

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

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

Urbanisation and Globalisation in the Twenty First Century: Emerging Challenges

The speech mainly gives insights into aspects like what is globalisation, urban growth in the next 30 years, new challenges of Globalisation for Cities, the poor that emerges along with the cities, th...

by Rakesh Mohan | On 06 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

Vaccine Policy in India

The success of an immunisation programme in any country depends more upon local realities and national policies. This is particularly true for a huge and diverse developing country such as India, with...

by Yennapu Madhavi | On 12 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

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

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

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

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

Potential for Sharing Nuclear Power Infrastructure Between Countries

The introduction or expansion of a nuclear power programme in a country and its successful execution is largely dependent on the network of national infrastructure, covering a wide range of activities...

by International Atomic Energy Agency IAEA | On 21 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

Demand and Supply Factors in the Determination of India's Disaggragated Manufactured Exports: A Simultaneous Error-Correction Approach

An investigation of the demand and supply factors underlying the long-term behaviour of India’s disaggregated manufactured exports. An imperfect substitutes demand-supply model of export determination...

by Saikat Sinha Roy | 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

Contagion Again?

Financial contagion is dangerous because you don’t know where it will hit, and how hard. Every country has to remmber this and make arrangements so that a criris does not repeat as happenend in 1997 (...

by T.N. Ninan | On 13 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

Better Than the Rest

India’s good economic performance and friendlier ties with important countries that have been either distant or hostile, is achieved by a leader with whom the country can feel at ease. But Dr. Manmoha...

by T.N. Ninan | On 06 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

Employment and Poverty in India: 2000-2005

This paper is principally focused on the changes in the size and structure of work force and the changes in labour productivity, wages and poverty in India in the first quinquennuim of the 21st centur...

by K. Sundaram | On 30 Jul 2007

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

National Health Accounts, 2001-02

National Health Accounts (NHA) is a tried and tested tool for summarizing, describing, and analyzing the financing of national health systems. The estimates prepared provide clues regarding the essent...

by National Health Acounts Cell NHA Cell | On 05 Jul 2007

Working Together for Maternal, Newborn and Child Health

Despite years of significant advances in improving child survival and health, the final chapter on ending unnecessary child deaths has not yet been written and advances have stagnated in several count...

by Francisco Songane | On 03 Jul 2007

Improving Delivery of Programmes Through Administrative Reforms

India is showing signs of poor delivery of governance. In almost all states people perceive bureaucracy as wooden, disinterested in public welfare and corrupt. It must be recognized that improvement i...

by Naresh C. Saxena | On 02 Jul 2007

The Productivity Argument for Investing in Young Children

This paper presents the case for investing more in young American children who grow up in disadvantaged environment. It is argued that, on productivity grounds, it makes sense to invest in young child...

by James J Heckman | On 22 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

Trade Liberalization and Industrial Productivity: An Assessment of Developing Country Experiences

The relationship between trade liberalization and industrial productivity in developing countries, drawing upon a large number of studies in Latin America, Africa and Asia is explored. Beginning with...

by Deb Kusum Das | On 18 Jun 2007

Cost and Productivity in Indian Textiles: Post MFA Implications

With the Multi Fibre Agreement (MFA) expiring on 1st January 2005, the competition in textile and clothing industry is likely to increase. The paper finds an inverse relationship between the unit cost...

by Danish A Hashim | On 15 Jun 2007

Measurement of Environmental Efficiency and Productivity: A Cross Country Analysis

This paper measures environmental efficiency (EE) and environmental productivity (EP) and analyses differences in these across countries. It explores the macroeconomic factors that could explain these...

by Surender Kumar | On 14 Jun 2007

Productivity of Rural Credit: A Review of Issues and Some Recent Literature

It is argued that Indian agriculture is undergoing fundamental change wherein the technology and inputs are moving out of the hands of the farmers to external suppliers. This, over a period of time ma...

by M S Sriram | On 13 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

Investment Climate and Total Factor Productivity in Manufacturing: Analysis of Indian States

Liberalisation initiatives have been taken by India with a view to improve the efficiency of manufacturing industries and achieving faster GDP growth. The present paper investigates the influence of...

by C Veermani | On 01 Jun 2007

IBSAC (INDIA, BRAZIL, SOUTH AFRICA, CHINA): A Potential Developing Country Coalition in WTO Negotiations

This paper argues that IBSA( India, Brazil, South Africa) as opposed to IBSAC (with China) is a far more coherent group when it comes to WTO negotiations as its interests coincide given the agenda tha...

by Debashis Chakraborty | On 25 Apr 2007

Scaling Up Access To Health Care For Mothers And Children: Reducing The Toll Of Child And Maternal Deaths

An overview of World Health Report 2005 published by WHO. Channelising funds through national insurance programmes is the best way of facing the challenges of maternal and child health care [Paper pre...

by Daniel Makuto | On 20 Apr 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

Dynamics Of Rice Economy In India: Emerging Scenario And Policy Options

Most of 726 million rural populations in India is dependent on agriculture. Rice is the staple food of nearly 65% of the total population in India. The production of rough rice reached 135 million ton...

by Barah B.C. | On 09 Mar 2007

Supply Chain Issues In The Indian Poultry-meat Industry: The Case Of a Vertically-integrated Farm

The world poultry-meat industry is growing the fastest among all the meat categories due to increasing concerns for health, safety, convenience and variety, and price-competitiveness. Issues related t...

by Subrata Mitra | On 08 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

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

Fiscal Deficit, Capital Formation, and Crowding Out : Evidence from India

Theoretical literature identifies two variants of crowding out in an economy–real and financial. The real (direct) crowding out occurs when the increase in public investment displaces private capital...

by Lekha S. Chakraborty | On 17 Feb 2007

Paying Out-of-Pocket for Health Care in Asia: Catastrophic and Poverty Impact

Out-of-pocket (OOP) payments are the principal means of financing health care throughout much of Asia. The paper describe the magnitude and distribution of OOP payments for health care in 14 countrie...

by Eddy van Doorslaer | On 06 Feb 2007

We Can Work It Out - The Globalisation of ICT-enabled Services

This paper examines the relationship between the share of employment potentially affected by offshoring and economic and structural factors, including trade in business services and foreign direct inv...

by Desiree Welsum | On 12 Jan 2007

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

Globalization and Structural Changes in the Indian Industrial Sector: An Analysis of Production Functions

The paper reports a study to investigate the structural changes in the manufacturing sector of India (possibly) brought about by liberalization and globalization of the economy. It assesses the struct...

by S.K. Mishra | On 09 Jan 2007

Women’s Right To Land, Assets, And Other Productive Resources: Its Impact On Gender Relations And Increased Productivity

It is often assumed that poverty reduction would lead to gender equality. Research however, points to the opposite, namely, that increasing prosperity can have perverse gender effects . It is therefor...

by Nitya Rao | On 26 Dec 2006

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

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

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

by C. Satapathy | On 14 Dec 2006

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

Journal of Social and Economic Change

Articles Pareto’s Revenge — Ravi Kanbur 1 Socio-Economic Dimensions of Old Age Security in India: With Special Reference to Karnataka — T V Sekher Gender, Poverty and Employment in India — V Gaya...

by | On 12 Aug 2006

Higher Education in India: The Need for Change

The paper relates the growth of higher education in India to the changing funding pattern and suggests ways to ensure that higher education remains both affordable and accessible to all. The author...

by Pawan Agarwal | On 25 Jul 2006

Non-equity Alliances and the Performance of Indian Software Firms

The Indian software industry has grown very rapidly for more than a decade. In this study we report the results of a multivariate statistical analysis of the determinants of sales revenue growth and p...

by N.S. Siddharthan | On 03 Jun 2006

An evaluation of the developmental implications of the World Bank and IMF lending policies

This paper dwells on the essential requirements of economic development and the role of international credit,. It is also an incursion into the operational principles and strategies of the World Ba...

by Musa Jega Ibrahim | On 01 Jun 2006

Antidumping Duties as a Measure of Contingent Protection: an Analysis of Indian Experience

The aim of this paper is to analyse India's anti dumping behaviour. India has become a major user of anti dumping measures, initiating more than 300 cases against many of its trading partners. After...

by Nandana Baruah | On 23 May 2006

MDGs : Millennium or Moving Development Goals?Health Sector Starved of Funds

The budget 2006-07 proposals in health care fell well short of India’s march towards achieving Millennium Development Goals(MDGs), the National Health Policy (NHP) goals and fully operationalising the...

by Vinish Kathuria | On 09 May 2006

And Now a Car Story

The country’s export of automobiles has grown faster than software over the last four years. it does look as though automobile manufacture will be a new arrow in the country’s quiver. [Editorial . B...

by T.N. Ninan | On 03 May 2006

Strengthening the Export Competitiveness of firms in the Indian Pharmaceutical Industry

This paper attempts to identify the factors that determine the export competitiveness of firms in the Indian pharmaceutical industry. Our findings suggest that the competitiveness of firms depends not...

by Aradhna Aggarwal | On 21 Apr 2006

The Role of Price and cost Competitiveness in Apparel Exports, post MFA: A Review

Global outsourcing, technical change, and falling barriers to trade worldwide have transformed the structure of production and global competition in the textile and apparel industry. This sector has...

by Meenu Tiwari | On 20 Apr 2006

India’s Post-Liberalisation Growth Experience: An Analysis by the Demand Components

This paper tries to examine the sustainability aspect of the rate of growth (rog) in recent years, designated as ‘the second phase of liberalisation’. This paper is based on the Keynesian framework wh...

by Anamitra Roychowdhury | On 29 Mar 2006

India’s Pharmaceutical Industry in the WTO Regime: A SWOT Analysis

A SWOT analysis of the Indian Pharmaceutical Industry (IPI) in the WTO regime reveals that the much acclaimed IPI’s expertise in process development skills were made possible by the amendments made...

by N. Lalitha | On 28 Mar 2006

Trends and Patterns of Technology Acquisition in Indian Organized Manufacturing: An Inter-industry Exploration

With liberalization of foreign technology import policy in the 1990s, India has seen declining R&D intensity at national level. This has generated a general concern on how Indian industries are doin...

by Jaya Prakash Pradhan | On 28 Mar 2006

Migration and Labour mobility in the Leather Accessories Manufacture in India

Liberalisation and the policies thereafter have lead to a definite increase in production and export from the leather accessories industry in India. The focus of this paper is on migration and labour...

by Jesim Pais | On 28 Mar 2006

Understanding ‘Crises’ in a Traditional Industry: Case of Coir in Kerala

The paper attempts to critically analyse the issues that are an offshoot of the open market regime pursued in the industry. Intense competition between exporters for developed country suppliers along...

by I. Kalamani | On 28 Mar 2006

Foreign Direct Investment and Technology Spillovers:Evidence from the Indian Manufacturing Sector

During the recent period, many countries compete with each other to attract foreign investment. When MNCs invest in a host country, it is assumed that a part of their technology spills to the host cou...

by Subash Sasidharan | On 26 Mar 2006

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

Hunger and Health: Addressing Urgent Issues

This statement following a workshop on ‘Hunger and Health: An Interdisciplinary Dialogue attended by a cross-section of India’s nutritional scientists, health professionals, public health specialists,...

by Workshop on Hunger and Health Interdisciplinary Dialogue | On 13 Mar 2006

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

What’s So Special about China’s Exports?

Much more than comparative advantage and free markets have been at play in shaping China's export success. Government policies have helped nurture domestic capabilities in consumer electronics and oth...

by Dani Rodrik | On 04 Mar 2006

Economic Survey 2005-06, Chapter 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

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

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

Global Public Opinion on Nuclear Issues and the IAEA - Final Report from 18 Countries

A new 18-country opinion survey sponsored by the International Atomic Energy Agency (IAEA) found that "while majorities of citizens generally support the continued use of existing nuclear reactors, mo...

by International Atomic Energy Agency IAEA | On 02 Feb 2006

Raising the Tax Ratio by Reining in the 'Tax Breaks': An Agenda for Action

The increase in direct taxes has not been able to offset the decline that resulted from the reduction in customs tariff and decline in excise revenue. The task facing the policymakers now is to explor...

by Amaresh Bagchi | On 01 Feb 2006

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

Draft National Pharmaceutical Policy, 2006

In 2002 the government had formulated a new Drug Policy, but the same could not be implemented due to litigation involving it. As a consequence, the policy of 1994 continues to be in force.The pr...

by Department of Chemicals and Petrochemicals | On 16 Jan 2006

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

Trends in Anti-dumping: First Decade of WTO

There has been a significant decline in anti dumping initiations. This is a welcome trend as there is scant support in economic literature for anti-dumping action. The trend might well indicate the ef...

by C. Satapathy | On 04 Oct 2005

Addressing Inequity In Indian Healthcare System: A New Financing Strategy

Countries that have universal or near universal access to healthcare have health financing mechanisms which are single-payer systems in which either a single autonomous public agency or a few coordina...

by Ravi Duggal | On 24 Aug 2005

Towards Bank Financing of Urban Infrastructure

Provision of quality urban infrastructure is an area of major concern for the Indian Economy. The financing of this component of infrastructure may turn out to be a somewhat tractable problem, even in...

by Abhay Pethe | On 05 Aug 2005