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eSS Sunday Edit: Humanities and the Public Good

Constitutions and founding principles, including our own, were drafted by those who studied Humanities and its cognate fields, which helped them see far into the future. The plan and vision remains, a...

by Pramod K. Nayar | On 07 Jan 2021

eSS Sunday Edit: US Withdrawal from WHO: Damaging. But a time for reform?

The US withdrawal from WHO however temporary should be seen as an opportunity to revisit the numerous recommendations for reform of the structure of WHO that will, among other changes, establish a ste...

by | On 27 Jul 2020

The Growing Importance of Consumer Finance for Financial Inclusion in India

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

by Saon Ray | On 03 Feb 2019

Is There a Demand for Reverse Mortgages in China? Evidence from Two Online Surveys

Reverse mortgages provide an alternative source of retirement funding by allowing older homeowners to borrow against their home. However, a recent pilot program of reserve mortgage products in several...

by Katja Hanewald | On 03 Feb 2019

Asian Development Outlook Forecast Accuracy 2007–2016

This paper assesses the accuracy of Asian Development Outlook growth and inflation forecasts for 43 Asian economies from 2007 to 2016, against the benchmark of World Economic Outlook projections by th...

by Benno Ferrarini | On 22 Jan 2019

Investment in Research and Development for Basmati Rice in Pakistan

Basmati rice is Pakistan’s celebrated export. After years of growth, Pakistan’s production and export of basmati has slipped and is on a downward trend. The absence of a strong research and developmen...

by Asian Development Bank Institute | On 13 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

Public–Private Partnership Development in Southeast Asia

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

by Fauziah Zen | On 16 Aug 2018

Breathe India: An Action Plan for Combating Air Pollution

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

by Niti Aayog GOI | On 16 Jul 2018

Macroeconomic Overview of the Philippines and the New Industrial Policy

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

by Maureen Ane D. Rosellon | On 06 Jul 2018

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

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

by Sheilah G. Napalang | On 29 Jun 2018

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

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

by Mita Choudhury | On 15 Jun 2018

The Rise of Government-Funded Health Insurance in India

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

by Ila Patnaik | On 15 Jun 2018

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

Community Disaster Resilience Fund (CDRF): Operational Guidelines - Draft

The report says that the goal is to promote community leadership in strengthening capabilities and resource mobilization.

by National Alliance Risk Reduction (NAADRR) | On 05 Apr 2018

Budget 2018: Maharashtra Budget Speech Part 1

Budget speech of the Finance Minister of Maharashtra.

by Sudhir Mungamtiwar | On 12 Mar 2018

Maritime Terrorism and Piracy: Security Challenges in South East Asia

The paper says that the region is plagued with piracy and has also witnessed maritime terrorism related activities, drug smuggling, gun running and illegal migration.

by Vijay Sakhuja | On 09 Feb 2018

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

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

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

Union Budget 2018: Budget Speech

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

by Arun Jaitley | On 01 Feb 2018

State of State Finances 2018

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

by Mandira Kala | On 01 Feb 2018

Economic Survey 2017: Volume II, Chapter 4: Prices and Inflation

Inflation in the country continued to moderate during 2017-18. CPI based headline inflation averaged 3.3 per cent during April-December 2017-18, the lowest in the last six financial years. The signi...

by Arun Jaitley | On 31 Jan 2018

One Year Later.... Community Disaster Resilience Fund (CDRF), Learning From the Pilot Initiative in India

The paper says that the Community Disaster Resilience Fund (CDRF) is viewed as a mechanism to direct resources for DRR to at risk and vulnerable communities in the context of local implementation of t...

by National Alliance for Disaster Risk Reduction NADRR | On 10 Jan 2018

Urban Refugees in Delhi: Self-Reliance can’t be Exclusively Entrepreneurial

Self-reliance is, by definition, about individualised responsibility for social wellbeing and economic security. This idea drives urban refugee livelihood programmes, in India and beyond, as aid organ...

by | On 22 Dec 2017

Socio-economic and Cultural Factors of Violence against Women in Pakistan

This study discusses the socio-economic, cultural, religious and institutional factors that sustain abuse conducted against women.

by Ayesha Qaisrani | On 24 Nov 2017

The Development of Global Responses to Child, Early and Forced Marriages

This report attempts to map the history of global responses to eradicate child marriage. However, child marriage is not an isolated issue, as it often encompasses early and forced marriages, though th...

by HAQ Centre for Child Rights HAQCRC | On 21 Nov 2017

Targetting of Social Transfers: Are India's Elderly Poor Left Behind ?

Whether social transfers should be targeted or universal is an unsolved debate that is particularly relevant for the implementation of social protection schemes in developing countries. While the limi...

by | On 15 Nov 2017

Data Ecosystems for Sustainable Development: The Africa Data Revolution Report 2016

This report aims to serve as the foundation upon which the nations can create data eco-systems to serve developmental aims.

by Aritra Chakrabarty | On 26 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

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

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

by Ashima Goyal | On 15 Sep 2017

Contributory Pension Schemes for the Poor: Issues and Ways Forward

The issue of old-age income security in India assumes significance in view of the expected rise in the elderly population in the years to come, problems of poverty and vulnerability among them and the...

by D Rajasekhar | On 14 Sep 2017

India’s Phytonutrient Report - A Snapshot of Fruits and Vegetables Consumption, Availability and Implications for Phytonutrient Intake

The objective of the study is to understand the ‘actual’ consumption patterns of fruits and vegetables in India and compare this to the World Health Organization (WHO) ‘recommended’ quantity for an ad...

by Arpita Mukherjee | On 31 Aug 2017

'Urban Bias' in the Flow of Funds and Deposit Mobilisation: Evidence from Karnataka, India

The paper argues that as bankers consider deposits a means for security, easy and attractive deposit schemes should be introduced in rural areas.

by Gagan Bihari Sahu | On 23 Aug 2017

Is There Enough Public Resource for School Education? Examining the Available Evidences

The enactment of RTE Act, 2009 imposes a duty on the Indian states to fulfill every child's right to elementary education. Education is also a stand-alone goal among SDGs, which India is one of the si...

by Protiva Kundu | On 22 Aug 2017

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

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

by Securities Board of India | On 04 Aug 2017

Reconfiguring International Financial Institutions: The BRICS Initiative

This paper examines the implications of the establishment of the New Development Bank (NDB) and the Contingent Reserve Arrangement (CRA) for the international financial system and for the BRICS coun...

by Manmohan Agarwal | On 31 Jul 2017

The Corporate Social Responsibility Act in India: An Early Assessment

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

by Sangeeta Bansal | On 27 Jul 2017

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

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

Digital Financial Services in the Pacific: Experiences and Regulatory Issues

This report examines the current use of DFS in the Pacific, analyzes the issues that need to be addressed, and provides recommendations for increasing financial inclusion in the region.

by Asian Development Bank Institute | On 14 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

Myanmar Transport Sector Policy Note: Railways

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

by Asian Development Bank Institute | On 31 May 2017

Financing Asian Irrigation: Choices Before Us

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

by Asian Development Bank Institute | On 19 May 2017

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

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

by Asian Development Bank Institute | On 10 May 2017

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

Global Wage Report 2016/17: Wage Inequality in the Workplace

This new ILO Global Wage Report – the fifth in a series that now spans over a decade – contributes to this agenda by making comparative data and information on recent wage trends available to governme...

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

Macroeconomic Impact of Demonetisation: A Preliminary Assessment

The analysis in this paper suggests that demonetisation has impacted various sectors of the economy in varying degrees; however, in the affected sectors, the adverse impact was transient and felt ma...

by Reserve Bank of India RBI | On 21 Mar 2017

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

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

by Lekha Chakraborty | On 03 Mar 2017

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

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

by Avani Kapur | On 27 Jan 2017

Improving Farmers’ Income and Employment through Budget 2017

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

by Amarnath Tripathi | On 25 Jan 2017

The Power of Social Pensions

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

by | On 10 Jan 2017

Technology for Transformation

India is committed to solve many problems that it is facing today. the human condition can improve more here in the next two decades than anywhere in the world. And the benefit, to India and to the...

by Bill Gates | On 30 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

State of State Finances

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

by Arvind Gayam | On 09 Nov 2016

Shelter From the Storm

While remarkable progress has been achieved during the past decade protecting the health and rights of women and adolescent girls in humanitarian settings, the growth in need has outstripped the growt...

by United Nations Population Fund UNFPA | On 21 Oct 2016

Financial Stability in a Weak Global Environment

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

by S.S. Mundra | On 10 Oct 2016

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

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

by | On 22 Sep 2016

The Indian Steel Sector: Development and Potential

The Indian steel industry has made a rapid progress on strong fundamentals over the recent few years. The industry is getting all essential ingredients required for dynamic growth. The government is b...

by | On 19 Sep 2016

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

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

by Gary V Maningo | On 19 Aug 2016

Do Private Equity Funds Manipulate Reported Returns?

Private equity funds hold assets that are hard to value. Managers may have an incentive to distort reported valuations if these are used by investors to decide on commitments to subsequent funds manag...

by Gregory Brown | On 12 Aug 2016

Union Army Veterans, All Grown Up

This paper overviews the research opportunities made possible by a NIA-funded program project, Early Indicators, Intergenerational Processes, and Aging. Data collection began almost three decades ago...

by Dora Costa | On 09 Aug 2016

Designing the Green Climate Fund: Issues for Consideration

At the 16th session of Conference of Parties (COP) to the United Nations Framework Convention on Climate Change (UNFCCC), the COP adopted decisions in which it decided to establish a Green Climate F...

by Prodipto Ghosh | On 26 Jul 2016

Old-Age Pension and Extended Families: How is Adult Children’s Internal Migration Affected?

This paper makes use of the most recent social pension reform in rural China to examine whether receipt of the pension payment equips adult children of pensioners to migrate. Employing a regression di...

by Xi Chen | On 11 Jul 2016

Vital Stats: Overview of Central Government Employees

The central government periodically constitutes a Pay Commission, to evaluate and recommend revisions of salaries and pensions, for its employees. Recently, the Seventh Central Pay Commission has mad...

by Vatsal Khullar | On 07 Jul 2016

State-Focused Roadmap to India’s “Vision 2030”

By 2030, India will be amongst the youngest nations in the world with nearly 150 million people in the college-going age group. By 2030, the already existing challenges for Indian higher education – a...

by | On 07 Jul 2016

Is Partisan Alignment Electorally Rewarding? Evidence from Village Council Elections in India

Do ruling parties positively discriminate in favour of their own constituencies in allocating public resources? If they do, do they gain electorally in engaging in such a practice? This paper tests wh...

by Subhasish Dey | On 27 Jun 2016

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

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

by Jaimini Bhagwati | On 22 Jun 2016

Budget Speech Jammu and Kashmir: 2016-17

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

by Hasseeb A. Drabu | On 13 Jun 2016

On the Road to Universal Health Coverage: Every Person Matters

In modern society, the possession of a personal official identification (ID) is critical to an individual’s access to government services, and social and economic programs. From voting to receipt of s...

by Michael Stahl | On 26 May 2016

Limits to Arbitrage: The Case of Single Stock Futures and Spot Prices

Market frictions limit arbitrage, but these frictions affect different stocks differently. Using intraday data on a liquid single stock futures and spot market, we examine the arbitrage efficiency of...

by Nidhi Aggarwal | On 02 May 2016

Elderly in India

Population ageing has profound social, economic and political implications for a country. The increasing number of older persons put a strain on health care and social care systems in the country. O...

by Ministry of Statistics and Prog Implementation (MOSPI) | On 25 Apr 2016

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

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

by | On 13 Apr 2016

The Conceit of Reason the Cunning of History versus - Modernity and Caste in India

This paper addresses the central question as to how and why caste still survives under conditions of democracy and modernity and what do we make of it. I try to explain this phenomenon by viewing it i...

by Sanjeeb Mukherjee | On 21 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

Examining Processes in Research and Development at the Department of Science and Technology

The DOST, chiefly through Sectoral Councils and R&D performers, has been successfully undertaking or supporting a considerable share of R&D activities in the country, while noting limited resources av...

by Jose Ramon G. Albert | On 14 Mar 2016

Global Health Donors Viewed as Regulators of Monopolistic Service Providers: Lessons from Regulatory Literature

Controlling healthcare costs while promoting maximum health impact in the recipient countries is one the biggest challenges for global health donors. This paper views global health donors as the regul...

by Han Ye | On 14 Mar 2016

Can the Learnability Criterion Ensure Determinacy in New Keynesian Models?

Forward-looking RE models such as the popular New Keynesian (NK) model do not provide a unique prediction about how the model economy behaves. We need some mechanism that ensures determinacy. McCallum...

by Patrick Minford | On 13 Mar 2016

Creative Diplomacy and North Korea

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

by | On 10 Mar 2016

Pension System Reforms for Pakistan: Current Situation and Future Prospects

The study deals with pension system reforms for the Pakistan economy and highlights the current situation and future prospects. The study presents an overview of the problems prevailing in current pay...

by Umaima Arif | On 10 Mar 2016

Designing Contracts for the Global Fund: Lessons from the Theory of Incentives

This paper uses contract theory to suggest simple contract designs that could be used by the Global Fund. Using a basic model of procurement, we lay out five alternative options and consider when each...

by Liam Wren-Lewis | On 10 Mar 2016

Economic Crises, High Public Pension Spending and Blame-avoidance Strategies: Pension Policy Retrenchments in 14 Social-insurance Countries, 1981–2005

This paper examines the determinants of the timing of public pension policy retrenchments in 14 affluent democracies. Available research does not satisfactorily capture the multidimensionality of thes...

by | On 09 Mar 2016

How Protected are our Children in Assam?

Situation of children in Assam in 2016.

by Melvil Pereira | On 09 Mar 2016

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

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

by T.N. Ninan | On 05 Mar 2016

Demographic ‘Time Bomb’ or Demographic ‘Dividend’: Myths Surrounding Ageing Populations in Asia

According to the 2009 HSBC ‘The Future of Retirement’ report, the world’s ageing population will increase from 550 million today to 1.4 billion by 2050. Such a big number directly conjures up images o...

by S. Rajaratnam International Studies | On 04 Mar 2016

The North Korean Food Security Crisis

Since the end of January 2011, the state of food security in North Korea has been in question. External factors, particularly the recent spike in global food prices and the suspension of food aid supp...

by S. Rajaratnam International Studies | On 04 Mar 2016

Cancún Agreement: Implications for Southeast Asia

The recent 2010 UN climate change conference in Cancún, Mexico, and the resulting Cancun Agreement, has shown that there is an increasing recognition of the need to protect the poor and vulnerable in...

by | On 03 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

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

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

by Ehtisham Ahmad | On 01 Mar 2016

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

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

by Indira Masullo | On 29 Feb 2016

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

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

by Sofiah Jamil | On 27 Feb 2016

Social Security Schemes: A Case for Universalisation

Prime minister’s recent introduction of new social security schemes to ensure insurance and pension for all remains a laudable step. These schemes were launched on May 9, 2015 and are expected to enha...

by Charan Singh | On 27 Feb 2016

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

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

by Provita Kundu | On 26 Feb 2016

Responding to Non-Traditional Security Challenges in Asia

Emerging security challenges in Asia are compelling the international community to take a hard look at their causes and implications on state and human security. Given the growing complexity of these...

by Mely Caballero-Anthony | On 25 Feb 2016

Government Debt

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

by Ministry of Finance GOI | On 25 Feb 2016

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

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

by Rosario G. Manasan | On 25 Feb 2016

Responsibility to Protect: How Should Southeast Asia Respond?

The emerging doctrine of Responsibility to Protect may have been endorsed by world leaders. But the primary challenge remains how to get it implemented. RtoP may mean different things to different sta...

by | On 24 Feb 2016

Social Protection in Apec in Pursuit of Inclusive Growth

The paper seeks to take stock of some of the key APEC documents/reports relevant to social protection and safety net programs, and also of the experience of APEC member-economies, with special focus o...

by Janet S. Cuenca | On 24 Feb 2016

Financial Sector Reform: Longer-Run Policy Responses to the Asian Crisis

The Asian financial crisis of 1997 involved significant economic and social costs for the affected economies, but also highlighted fundamental weaknesses in the structure and operations of their finan...

by Kevin Davis | On 24 Feb 2016

Development Strategy, Optimal Industrial Structure and Economic Growth in Less Developed Countries

In this paper, we develop an endogenous growth model that combines structural change with repeated product improvements. There are two sectors in the present paper, one is traditional sector, and the...

by Justin Yifu Lin | On 23 Feb 2016

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

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

by Kusum Malik | On 23 Feb 2016

Regional Financial Arrangements and the International Monetary Fund

The rise of regional monetary arrangements poses a challenge for the International Monetary Fund (IMF)'s global surveillance efforts. This paper reviews how the IMF has responded to earlier regional i...

by Barry Eichengreen | On 21 Feb 2016

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

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

by Hal Hill | On 21 Feb 2016

China and Its Southern Neighbours: Issues in Power Connectivity

Myanmar’s recent suspension of a China-funded dam project draws attention to cross-border electricity inter- connectivity between China and its southern neighbours Vietnam, Thailand and Laos, apart fr...

by | On 20 Feb 2016

Unions Improve Chinese Workers' Welfare --- Results from 1,268 Firms

Based on a survey of 1,268 firms in 12 Chinese cities, this paper empirically studies the effects of unions on three aspects of workers’ welfare, namely, hourly wages, monthly working hours, and pensi...

by Ninghua Zhong | 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

The Asian Infrastructure Investment Bank: Multilateralism On The Silk Road

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

by Mike Callaghan | On 19 Feb 2016

Can Parental Migration Reduce Petty Corruption in Education?

Educational outcomes of children are highly dependent on household and school-level inputs. In poor countries remittances from migrants can provide additional funds for the education of the left behin...

by Lisa Höckel | On 17 Feb 2016

State and Region Public Finances in Myanmar

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

by The Asia Foundation | On 16 Feb 2016

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

Pension and Social Security Schemes in Pakistan: Some Policy Options

An examination of the public pension and social security schemes in Pakistan reveals that the provision of regular pensions is limited to formal sector employees only. A number of social security sche...

by Naushin Mahmood | On 14 Feb 2016

Illegal Heroes and Victimless Crimes Informal Cross-border Migration from Myanmar

This paper highlights the perception of each and everyone involved in the course of cross-border migration from Myanmar in each step they, internationally or unintentionally, maintain the status of il...

by | On 09 Feb 2016

Inviting or Avoiding Deception through Trust?

The paper explores conceptually the relationship between trust and deception. The author advances five main propositions, which concern deceptive signals of trustworthiness, the suspension of uncertai...

by | On 08 Feb 2016

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

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

by Transparency International TI | On 05 Feb 2016

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

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

by Transparency International TI | On 05 Feb 2016

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

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

by Transparency International TI | On 05 Feb 2016

How the Green Climate Fund Could Promote REDD+ through a Cash on Delivery Instrument: Issues and Options

A specific proposal is suggested for the Green Climate Fund (GCF) to pilot a pay for results agreement – using a Cash on Delivery (COD) approach – to slow climate change through reductions in deforest...

by William Savedoff | On 03 Feb 2016

Nutrition Political Economy, Pakistan Province Report: Khyber Pakhtunkhwa

In this report we take a look at strategic opportunities and barriers for action on under-nutrition, particularly for women and children in KP Province in the post-devolution context. We will assess u...

by Shehla Zaidi | On 02 Feb 2016

US Goals and Strategies toward the Arab World

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

by | On 01 Feb 2016

Pensions at a Glance: Asia/ Pacific

This study combines rigorous analysis with clear, easy-to-understand presentation of empirical results. It does not advocate any particular kind of pension system or type of reform. The goal is to inf...

by OECD Development Centre | On 01 Feb 2016

Pensions at a Glance Asia/Pacific 2011

National pension provision in Asia/Pacific is very diverse. Nine economies have public schemes that pay earnings-related pensions. They are called “defined-benefit” (DB) schemes because the value of t...

by OECD Development Centre | On 01 Feb 2016

Pensions at a Glance: Asia and Pacific

This study combines rigorous analysis with clear, easy-to-understand presentation of empirical results. It does not advocate any particular kind of pension system or type of reform. The goal is to inf...

by OECD Development Centre | On 31 Jan 2016

Pensions at a Glance Asia-Pacific 2011

National pension provision in Asia/Pacific is very diverse. Nine economies have public schemes that pay earnings-related pensions. They are called “defined-benefit” (DB) schemes because the value of t...

by OECD Development Centre | 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

Institutions of Accountability Series : The Judiciary Policy Note

The courts are one of the most fundamental institutions where power is contested in a constitutional democracy. A functioning and an independent judiciary can restrain and hold the executive accountab...

by . BRAC | On 30 Jan 2016

Vulnerability Indicators for Aid Allocation

Any donor has a model for allocating assistance to developing countries. The model is implicit, most often so for bilateral donors, or explicit, most often so for international institutions. Why this...

by Patrick Guillaumont | On 28 Jan 2016

Migration, Health and Dignity in South Asia: Lessons from the EMPHASIS Project on Migration, Women’s Empowerment and HIV in Bangladesh, India and Nepal

The EMPHASIS project (Enhancing Mobile Populations’ Access to HIV and AIDS Services, Information and Support) has provided a diverse range of services to crossborder migrants in India, Nepal and Bang...

by Prabodh Devkota | On 27 Jan 2016

Al Qaeda Today: Transitions and Trajectories

Since the May 2011 killing of Osama bin Laden by the US Seal Team Six in Abbottabad, Pakistan, the composition and character of the aforementioned terrorist group has undergone several changes. Three...

by | On 25 Jan 2016

Better Ask the Parrot

It may be time to look at the market forecasts that pundits had made earlier.

by T.N. Ninan | On 23 Jan 2016

Imbalance in Child Sex Ratio: Trends, Causes and Emerging Issues

In many states of India, there are several evidences that indicate a widespread practice of using female birth intervention. As a result, an alarmingly lowest ever sex ratio in the age group 0-6 has b...

by R. S. Bora | On 23 Jan 2016

Pakistan: In the Cusp of Changes, Meeting Challenges

While the Pakistani military and civilian leaders, so often the opposing forces, now seem inclined for cohabitation at the highest echelons of power, the country’s latest move towards a ‘comprehensive...

by | On 23 Jan 2016

Modeling Interest Rate Cycles in India

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

by B B Bhattacharya | On 22 Jan 2016

Community Based Women Empowerment Initiatives in India

Over the years, India has designed and implemented a number of targeted interventions for the poor including putting in place specific reservations for the disadvantaged to ensure equitable access to...

by Global IPE | On 22 Jan 2016

Rising Powers in International Development

The setting up of the New Development Bank was first suggested by India in early 2012 in order to fund its domestic energy and infrastructure needs, namely power transmission, 11 roads and ports. Fina...

by Stephen Spratt | On 22 Jan 2016

Long-term care protection for older persons: A review of coverage deficits in 46 countries

This paper: (i) examines long-term care (LTC) protection in 46 developing and developed countries covering 80 per cent of the world’s population; (ii) provides (data on LTC coverage for the population...

by Xenia Scheil-Adlung | On 19 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

Absorbing Innovative Financial Flows: Looking at Asia

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

by | On 11 Jan 2016

New ‘Oil Shock’ – Impact on South Asia

In the 1970s, the oil-producing and exporting countries of the Middle East delivered a shock to the global economic system that had many unexpected consequences. The then-quadrupling of the price of o...

by Shahid Javed Burki | On 09 Jan 2016

Financing Development Cooperation in Northeast Asia

Infrastructure connectivity in Northeast Asia — comprising the northeastern People’s Republic of China, Japan, the Democratic People’s Republic of Korea, the Republic of Korea, Mongolia, and the Russi...

by Masahiro Kawai | On 07 Jan 2016

The Single Best Health Policy in the World: Tobacco Taxes

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

by | On 06 Jan 2016

National Consultation Report: Post-2015 Development Agenda

The report summarizes recommendations from a national consultation on the post-2015 development framework and includes reports from a range of national convenors including the Government of India, tra...

by United Nations Development Programme (UNDP) | On 01 Jan 2016

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

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

by Farhad Hesary | On 29 Dec 2015

Progress of the World’s Women: In Pursuit of Justice

This report looks at how the legal system can play a positive role in women accessing their rights, citing cases that have changed women's lives both at a local and at times global level. It also look...

by UN Women | On 28 Dec 2015

Enabling Women’s Contributions to the Indian Ocean Rim Economies

The Indian Ocean Rim Association (IORA) represents one of the world’s most diverse and dynamic regional communities. This report identifies some of the key trends and critical issues for the Indian Oc...

by UN Women | On 28 Dec 2015

Population and Sustainable Development in the Post-2015 Agenda

The Outcome Report of the Global Consultation on Population Dynamics and the Post-2015 Development Agenda not only explains the linkages between today's most pressing development challenges, populatio...

by United Nations Population Fund UNFPA | On 23 Dec 2015

Tracing Human Rights In Health

This paper is an endeavor to situate the evolution of Right to Health in a historical context. The various highlights of the paper are :i) Evolution of public health. ii) Evolution of human rights.ii...

by | On 21 Dec 2015

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

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

by Amit Chandra | On 21 Dec 2015

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

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

by Amanda Glassman | On 21 Dec 2015

The Brics Development Bank

This policy brief recommends that these include commitments to: ending extreme poverty and inequality, with a special focus on gender equity and women’s rights; aligning with environmental and social...

by Oxfam International | On 17 Dec 2015

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

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

by David Bloom | On 17 Dec 2015

China's Fitful Economic Reforms

Back in 2004, when I ran the Chinadesk at the International Monetary Fund, my team some written questions to Beijing ahead of our meetings with Chinese officials. China’s central bank had claimed that...

by Eswar Prasad | On 16 Dec 2015

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

Overview of Central Government Employees

The central government periodically constitutes a Pay Commission, to evaluate and recommend revisions of salaries and pensions, for its employees. Recently, the Seventh Central Pay Commission has mad...

by Vatsal Khullar | On 10 Dec 2015

Identifying a Fair Deal on Climate Change

A fair deal on climate change for developed and developing countries is identified by focusing not on equitable emissions quotas but on fair access to energy services.

by Nancy Birdsall | On 07 Dec 2015

How Much is Enough?

Post-7th Pay Commission recommendations, the pay being offered now should not be a disincentive for public-spirited people with ability. Can the government afford this hike?

by T.N. Ninan | On 21 Nov 2015

Investment in Agricultural Marketing and Market Infrastructure – A Case Study of Bihar

Bihar has lowest per capita income amongst the major states of India and high rate of persistent poverty with social structure fragmented based on caste lines. Therefore present study has been underta...

by | On 14 Oct 2015

The Interaction Between Social Protection and Agriculture - A Review of Evidence

This study explores the interaction between formal social protection and agriculture by proposing a theory of change and conducting an empirical review that identifies how social protection impacts ag...

by Nyasha Tirivayi | On 07 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

Housing Finance Mechanisms in India

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

by UN-HABITAT | On 25 Sep 2015

Civil Society Briefs: Myanmar

This brief provides an overview of civil society in Myanmar. With a view to strengthening ADB cooperation with civil society organizations, the NGO and Civil Society Center periodically prepares repor...

by Asian Development Bank Institute | On 07 Sep 2015

Trends and Issues in Development Aid

This note provides background data and analysis on what has been happening to aid flows and the resulting change in aid architecture. It is based on data taken from the OECD/DAC and on a review of the...

by Homi Kharas | On 25 Aug 2015

Do Philanthropic Citizens Behave Like Governments? Internet-Based Platforms and the Diffusion of International Private Aid

Until recently, most aid from rich to poor countries was transmitted through official bilateral and multilateral channels. But the rapid growth in private development aid from foundations, charities,...

by Homi Kharas | On 25 Aug 2015

Criminalizing Cheque Bounce Cases – An Effective Remedy?

A review is done to understand if criminalising cheque bounce cases has been an effective remedy. The penalties imposed in other countries against cheque bounce offenders is studied and an analysis of...

by Centre for Civil Society CCS | On 14 Aug 2015

Effectiveness of School Input Norms under the Right to Education Act, 2009

The Right of Children to Free and Compulsory Education Act (RTE), 2009 ratified education as a fundamental right and seeks to promote equitable access to education for all children up to the age of 14...

by Centre for Civil Society CCS | On 13 Aug 2015

Public Debt Management in India and Related Issues

This study focuses on the marketable domestic public debt of the Government of India (GoI) in terms of size, magnitude, policy and approach followed and also discusses issues and challenges on debt m...

by Lakshmanan L | On 13 Aug 2015

Future and New Thoughts on Co-operative Banks

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

by R. Gandhi | On 29 Jul 2015

Freedom to Marry: The Constitutional Choice and KHAP Panchayats

This paper talks about the right to marry as an essential freedom of all human beings as it relates to their right to self-expression and their right to associate with a person of their choice. The au...

by | On 27 Jul 2015

Articulating a Vision for a Progressive BRICS Development Bank

Amidst calls for reform of international financial institutions and failure of existing development banks to satisfy the development financing needs of developing countries in general, and BRICS in pa...

by | On 16 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

A Financial Slave State

Greece is in huge financial trouble. Greece is paying the price for past follies like fictitious national accounts, unsustainable pension programmes, non-existent tax revenues and (the biggest mistake...

by T.N. Ninan | On 04 Jul 2015

Wrong Target for Benign Neglect

The school education system needs a desperate overhaul. The human resource development minister in New Delhi be focusing on it too, in the middle of her other pressing concerns.

by T.N. Ninan | On 27 Jun 2015

India's Small Satellite Mission: Time for the Next Leap Forward

India has always given importance to the development of space technology for peaceful purposes. The Indian space programme is one of the biggest national space programmes in the world, which has trans...

by Narayan Prasad | On 04 Jun 2015

The Future of the Japanese Constitution - From MacArthur Constitution to What?

This paper examines the history of the creation of the Japanese Constition, the legislative system and the rights granted to Japanese citizens. It then analyses the options before the Japanese people...

by | On 24 Mar 2015

Electoral Reforms 2015, India

The law Commission of India has submitted its Report No. 255 on “Electoral Reforms” to the Union Law and Justice Ministry. Informing this to the Media persons here in New Delhi Justice Shri A. P. Shah...

by Law Commission India | On 18 Mar 2015

Gujarat Budget Speech: 2015-16

Gujarat Budget 2015-16.

by Saurabh Patel | On 26 Feb 2015

Trends in India’s Education Budgeting

The Union education budget has seen an increase in monetary allocation every year and the enrolment rate across the country has also been largely moving upwards. It becomes important to scrutinise the...

by | On 24 Feb 2015

Financing for Infrastructure Investment in G-20 Countries.

This study looks into various sources of financing infrastructure and the demands for infrastructure investments and highlights the mismatch between demand and supply of funds for infrastructure finan...

by Ramprasad Sengupta | On 11 Feb 2015

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

Support to Rural Pension Reform and Administration in the People’s Republic of China

The lack of social protection for the elderly in rural areas of the People’s Republic of China (PRC) has, since the 1990s, been seen by the government as a critical issue. The central government intro...

by Asian Development Bank Institute | On 23 Dec 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

Worker’s Rights and Practices in the Contemporary Scenario: An Overview

This book offers a careful summary of the rights and practices of work in the Indian labour market. In specific, it deals with rights deficiency of workers in different sectors especially on agricultu...

by V.V. Giri Labour Institute | On 19 Sep 2014

The Case for Investing in Young People

More attention to the promotion and protection of the rights and the socio-economic needs of young people needs to be an essential element of a country’s efforts to eradicate poverty. Young people (de...

by United Nations Population Fund UNFPA | On 22 Aug 2014

Performance of Major Social Sector Schemes: A Sample Survey Report

In this paper based on both desk research and selected sample survey of some districts in two states in India, an attempt has been made to see the efficacy and performance of the various central gover...

by H A C Prasad | On 31 Jul 2014

No Shortage of Money

The new government wants to increase investment in various sectors. The government has funds but the Finance Minister has said about lack of funds in the Budget. Public private partnerships (PPPs) can...

by T.N. Ninan | On 17 Jul 2014

Railway Budget 2014-15: Analysis

The Minister of Railways, D V Sadananda Gowda, presented the Railways Budget 2014 to Parliament on July 8, 2014. In his address, he assessed the performance of Railways in 2013-14 and laid out his...

by Prachee Mishra | On 16 Jul 2014

Speech of the Minister for Railways 2014-15

Railway budget 2014-15.

by D.V. Sadananda Gowda | On 09 Jul 2014

A Turbulent Pakistan: India’s Choices in Response

The fate and future of Pakistan has been an issue of considerable concern and anxiety not only inside Pakistan but in the world at large and South Asia in particular. The Fund for Peace project on the...

by S.D. Muni | On 22 Jan 2014

A Cost-Benefit Analysis of Aadhaar

This study estimates the costs and benefi ts of Aadhaar. The analysis takes into account the costs of developing and main- taining Aadhaar, and of integrating Aadhaar with the schemes over the next t...

by National Institute of Public Finance and Policy NIPFP | On 11 Dec 2013

In Search of Inclusion: Informal Sector Participation in a Voluntary, Defined Contribution Pension System

This paper examines who contributes and who persists in contributing in a national, voluntary, defined contributory pension program, where the government provides the incentive of matching contributi...

by Renuka Sane | On 28 Oct 2013

Rationalism Rationed

The gruesome murder of Dabolkar, who had been spearheading a movement against superstitions in Maharashtra, has plunged all people of rationalist disposition in shock. Voices are rising that laws sho...

by Oscar F Picazo | On 22 Oct 2013

Vital Stats: Parliament in the Monsoon Session 2013

The Monsoon Session ended with the passage of Bills on food security, land acquisition, companies, and pension. During the session, significant time was lost due to frequent disruptions over issues su...

by Kusum Malik | On 12 Sep 2013

An Assessment of Livelihood and Educational Status of Sanitation Workers in Ahmedabad, Gujarat

This study was conducted in 25 neighborhoods and 5 zones of the Ahmedabad Municipal Corporation (AMC). A total of 50 sanitation workers were interviewed and through them the condition of their famil...

by Ashish Mishra | On 05 Dec 2012

Mid Term Appraisal of Eleventh Five Year Plan - 2007 - 2012

The Mid-Term Appraisal (MTA) reviews the experience in the first three years of the Plan and seeks to identify areas where corrective steps may be needed. The chapter presents a broad overview of the...

by Planning Commission | On 05 Oct 2012

The Sexual Harrasment of Women at Workplace (Prevention, Prohibition and Redressal) Bill, 2012

The Lok Sabha (the Lower House of the Parliament) has, on 3 September 2012, passed the Sexual Harassment of Women at Workplace (Prevention, Prohibition and Redressal) Bill, 2012. The Bill now remains...

by Ministry of Labour and Employment MoL&E | On 01 Oct 2012

Capital Market Bank Funding: (Not such a) Brave New World …

What degree the financial crisis and the resulting developments have impacted and will impact long-term, capital market bank funding. [DB research] URL:[http://www.dbresearch.com/PROD/DBR_INTERNET_EN-...

by Meta Zähres | On 23 Aug 2012

Coordinating Healthcare and Pension Policies: An Exploratory Study

Rapid ageing of the population globally represents an unprecedented historical trend. As pension and healthcare costs are positively correlated with rising incomes, ageing, urbanization, and a shift f...

by Azad Singh Bali | On 20 Aug 2012

The Protection of Women Aganist Sexual Harassment at Work Place Bill, 2010

A bill to provide protection against sexual harassment of women at workplace and for the prevention and redressal of complaints of sexual harassment and for matters connected therewith or incidental...

by Parliamentary Research Service PRS | On 17 Aug 2012

National Strategy for Financial Education

India is having large population, a fast growing economy with national focus on inclusive growth and an urgent need to develop a vibrant and stable financial system, it is all the more necessary to...

by Pranab Mukherjee | On 20 Jul 2012

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

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

by Yuwei Hu | On 02 Jul 2012

Is the Deposit Refund System for Lead Batteries in Delhi and the National Capital Region Effective?

Lead recycling is often supported through a well-functioning Deposit Refund System (DRS) in the market for batteries (branded and generic). In this system, people can get a discount on the purchase o...

by Yamini Gupt | On 18 Jun 2012

Developing Asia’s Pension Systems and Old-Age Income Support

A broad overview of the current state of pension systems in the People’s Republic of China, Indonesia, Republic of Korea, Malaysia, Philippines, Singapore, Thailand, and Viet Nam is provided. An anal...

by Donghyun Park | On 30 Apr 2012

Innovative Approaches to Managing Longevity Risk in Asia: Lessons from the West

This paper discusses what is longevity risk, why it is important, approaches used by the West to manage longevity risk and what lessons can be learnt by Asian countries from the experiences of the Wes...

by Amlan Roy | On 18 Apr 2012

What is the Role of Social Pensions in Asia?

The main objective of this paper is to explore the potential role of social pensions and other noncontributory schemes in Asia, informed by insights from theory and international experience. The paper...

by Armando Barrientos | On 13 Apr 2012

Highlights of the Budget for FY2012: Japan

1) Allocating budget to the measure for the real revitalization of Japan to recover Japan’s economy and society 2) Reviewing the existing budget based on the result of evaluation by the Policy Propos...

by Ministry of Finance, Japan MOF, Japan | On 28 Mar 2012

How Can Bill and Melinda Gates Increase Other People’s Donations to Fund Public Goods?

A simple theory is developed which formally describes how charities can resolve the information asymmetry problems faced by small donors by working with large donors to generate quality signals. To t...

by Dean Karlan | On 26 Mar 2012

National Budget of Bhutan-2011-12

Budget speech by the Finance Minister of Bhutan. [Budget Speech]. URL:[http://www.mof.gov.bt/downloads/Budgetreport2012.pdf].

by Minister of Finance Bhutan | On 22 Mar 2012

Railway Budget 2012

The Minister of Railways, Dinesh Trivedi, presented the Railways Budget 2012 to Parliament on 14th March. In his address, he commented on the performance of Railways in 2011-12 and laid out his bud...

by Rohit Kumar | On 16 Mar 2012

The Second Fundamental Theorem of Positive Economics

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

by Anjan Mukherji | On 15 Mar 2012

Report of the Expert Group for Modernizaion of Indian Railways

There is in urgent need for modernization and generational Change need to be done in the Indian railways to assure safety, improve productivity, take advantage of advanced technology, respond to ever...

by Ministry of Railways | On 14 Mar 2012

The Union Budget: A Primer

This week, the finance minister presents a statement to Parliament of how much money the central government expects to raise in the next financial year, and how it will spend that money. The budget sp...

by Avinash Celestine | On 12 Mar 2012

Issues and Challenges with the Philippines' Public Corporate Sector

Government-ownedand- controlled corporations were initially created as solutions to market imperfections. It is ironic therefore, that in recent years, they have come to be seen as problems t...

by Senate Economic Planning Office SEPO | On 06 Mar 2012

Why Does Mental Health Not Get the Attention It Deserves? An Application of the Shiffman and Smith Framework

More than 13% of the global burden of disease for mental disorders is due to neuro psychiatric disorders, and over 70% of this burden lies in low- and middleincome countries. Suicide is one of the...

by Mark Tomlinson | On 01 Mar 2012

Indian Islam in the Age of Industry

Review of Bombay Islam: The Religious Economy of the West Indian Ocean, 1840-1915. by Nile Green. Cambridge University Press, New York 2011. xvi + 327 pp. $90.00 (cloth), ISBN 978-0-521-76924-2.

by Fahad A. Bishara | On 26 Feb 2012

Regional and Global Monetary Cooperation

The increasing occurrence of national, regional, and global financial crises, together with their rising costs and complexity, have increased calls for greater regional and global monetary cooperation...

by Mario Lamberte | On 21 Feb 2012

The Financial Structure and Performance of Philippine Credit Cooperatives

This study is an attempt to assess the importance and potential impact of any further development of the credit cooperative sector; identify development interventions that will result in a strong Fil...

by Gilberto M Llanto | On 13 Feb 2012

From REDD to Green: A Global Incentive System to Stop Tropical Forest Clearing

A prototype incentive system is developed for promoting rapid reduction of forest clearing in tropical countries. The proposed Tropical Forest Protection Fund (TFPF) is a cash-on-delivery system that...

by David Wheeler | On 09 Feb 2012

Bank Lending and Monetary Shocks: Evidence from a Developing Economy

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

by M. Ali Choudhary | On 08 Feb 2012

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

Plan vs. Performance Winter Session – November 22 to December 29, 2011

This note lists the legislative business planned by Parliament and compares it with the actual performance during the Winter Session. [PRS Note]. URL:[http://www.prsindia.org/administrator/uploads/ge...

by Kusum Malik | On 30 Dec 2011

Economic and Financial Developments in Andaman and Nicobar Islands

The Reserve Bank has stepped up its efforts in recent years to enhance the penetration of the formal financial sector and promote financial inclusion with a view to improving the well-being of our soc...

by Deepak Mohanty | On 26 Dec 2011

A Regulatory Approach to Financial Product Advice and Distribution

Financial distribution, where the distributor is the agent of both the product provider and the customer, has been found to inherently work against the interests of customers, in the form of high ser...

by M Sahoo | On 08 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

Publishing Construction Contracts as a Tool for Efficiency and Good Governance

Construction is a $1.7 trillion industry worldwide, much of which is linked to publicly financed projects. Outcomes from this financing are frequently suboptimal. Cost and time escalation, as well a...

by Charles Kenny | On 25 Nov 2011

The Pension Fund Regulatory and Development Authority Bill, 2011

A bill to provide for the establishment of an Authority to promote old age income security by establishing, developing and regulating pension funds, to protect the interests of subscribers to sche...

by Parliamentary Research Service PRS | On 17 Nov 2011

Optional Protocol to the Convention on the Rights of the Child on the Involvement of Children in Armed Conflict

The Optional Protocol (OP) on the Rights of the Child on the Involvement of Children in Armed Conflict was ratified by India on November 30, 2005, and is in effect since December 30, 2005. This is t...

by Government of India Ministry of Women and Child Development | On 29 Sep 2011

Civil Service and Military Pensions in India

The New Pension System in India and the progress that has been made since its introduction in 2004 is described. It then identifies the challenges ahead. It also documents the state of military pens...

by Renuka Sane | On 26 Sep 2011

National Policy for Senior Citizens: 2011

The foundation of the new policy, known as the “National Policy for Senior Citizens 2011” is based on several factors. These include the demographic explosion among the elderly, the changing economy a...

by Ministry of Social Justice and Empowerment GOI | On 19 Sep 2011

Comparison between the Lokpal Bill introduced in the Lok Sabha and the Jan Lokpal Bill

A note comparing the key features of the Lok Pal Bill, 2011 introduced on August 4, 2011 and the Bill prepared by civil society representatives in the Joint Drafting Committee. URL:[http://www.prsind...

by Parliamentary Research Service PRS | On 26 Aug 2011

Identifying Systemically Important Financial Institutions (SIFIs)

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

by Christian Weistroffer | On 12 Aug 2011

Mutual Funds and Market Development in India

A brief description of the role of Mutual Funds in money markets and government securities makets are provided. Some of the regulatory issues that arise are discussed. The role of Mutual Funds in fina...

by Subir Gokarn | On 08 Jul 2011

Getting to a “Grand Bargain” for Aid Reform: The Basic Framework for U.S. Foreign Assistance

In this paper, the author focuses on understanding why long-term development is often subjugated to other objectives in the day-to-day planning processes of the U.S. government. She proposes one way t...

by Jean Arkedis | On 21 Jun 2011

HIV/AIDS Monitor: Are Funding Decisions Based on Performance?

Linking funding decisions to performance can help the best programs continue and give program managers strong incentives to lead their programs well. Performance-based funding can also have unintended...

by Nandini Oomman | On 31 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

The Consolidated Medium-Term Income and Expenditure Framework: Prepared by the Finance Department and the Office of Budget and Planning

This paper updates the Fund’s consolidated income and expenditure outlook from the projections in January 2011. The paper incorporates and extends the income and budget projections in the companion...

by International Monetary Fund | On 13 May 2011

Framework Administered Account for Selected Fund Activities: World Bank Subaccount for Selected Fund Activities

In March 2009, the Fund established a new Framework Administered Account to administer external financial resources for selected Fund Activities (the “SFA Instrument”). The financing of activities u...

by International Monetary Fund | On 12 May 2011

Growing Business or Development Priority? Multilateral Development Banks’ Direct Support to Private Firms

Direct support to private firms in developing countries constitutes a large and growing share of multilateral development banks’ financial activities. This trend contrasts with the advice MDBs gave de...

by Guillermo Perry | On 05 May 2011

Youth Help Desk Launched

The Global Youth Help Desk, an initiative of the Youth Programme, was launched with much fanfare on Tuesday 12 April from 6 pm to 8 pm at the UN-HABITAT Headquarter fountain area.

by Padma Prakash | On 15 Apr 2011

Constituency Development Funds: Are They Constitutional?

This brief examines one particular criticism of Constituency Development Funds (CDFs): they infringe upon the doctrine of separation of powers. It also discusses whether CDFs adhere to other important...

by Christina Murray | On 18 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

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

Scaling Up the Fight Against Rural Poverty: An Institutional Review of IFAD’s Approach

The International Fund for Agricultural Development (IFAD) has for many years stressed innovation, knowledge and scaling up as essential ingredients of its strategy to combat rural poverty in developi...

by Johannes F. Linn | On 10 Feb 2011

Unregulated Entities, Products, and Markets: Challenges for Monitoring and Regulation

This policy brief examines hedge funds, private equity funds, and innovative financial products, particularly collateralized debt obligations and asset-backed securities, including their overall struc...

by Peter Morgan | On 08 Feb 2011

Conflict Resolution through Mutuality: Lessons from Bayesian Updating

If priors are deterministic (zero or unity) and conditional evidence is uncertain (lies between zero and one) then Bayesian updating will lead to posteriors that are the same as priors. This in a sen...

by Srijit Mishra | On 31 Jan 2011

From Invalidation and Segregation to Recognition and Integration: Contemporary State Responses to Disability in India

This paper traces the engagement of the Indian state with the issue of disability over the past three decades as a discourse of charity and welfare gives way to one of equality and human rights. Using...

by Renu Addlakha | On 22 Dec 2010

Quality of Official Development Assistance Assessment

In 2010, many questions have come up regarding the actual practices of different donors— those over which they have control and those that are likely to affect their long-run effectiveness in term...

by Nancy Birdsall | On 26 Nov 2010

Financing Asia’s Infrastructure: Modes of Development and Integration of Asian Financial Markets

Asia faces very large infrastructure funding demands, estimated at around US$750 billion per year for energy, transport, telecommunications, water, and sanitation during 2010–2020 (ADB/ADBI 2009). Asi...

by Biswa Nath Bhattacharyay | On 03 Nov 2010

Demographic Changes and Pension Reform in the Republic of Korea

This paper conducted a quantitative assessment based on a simulation analysis of what impact the reformed Korean National Pension Act on July 2007 could bring on its sustainability, equity, and adeq...

by Hyungpyo Moon | On 27 Oct 2010

Technical Study on Retirements and Pension Projections of the Central Government

The general concern over the salary and pension liabilities of the government and the concomitant government announcements in the recent past to contain them at a sustainable level need to be contin...

by Pronab Sen | On 25 Oct 2010

The Welfare Fund Model of Social Security for Informal Sector Workers: The Kerala Experience

This paper examines the evolution of the institution of ‘Welfare Funds’ for informal sector workers in the State of Kerala in India. The Kerala experience, which is now thirty years old, reflects wh...

by K. P. Kannan | On 25 Oct 2010

Fiscal Developments and Outlook in India

The paper identifies those elements in the configuration of fiscal parameters confronting the country that give cause for concern, and examines whether the fiscal reform measures taken address these...

by Indira Rajaraman | On 20 Oct 2010

Applying the Lessons of Asia: The IMF’s Crisis Management Strategy in 2008

The paper examines the recent European crisis management programs of the International Monetary Fund (IMF) to see how the lessons of Asia were applied. Compared to the Asian programs of 1997, the Euro...

by Shinji Takagi | On 11 Oct 2010

Asia’s Role in the Global Financial Architecture

The global economic and financial landscape has been transformed over the past decade by the growing economic size and financial power of emerging economies. The new G20 summit process, which includes...

by Masahiro Kawai | On 05 Oct 2010

Poverty Target Programs for The Elderly In India: With Special Reference to National Old Age Pension Scheme, 1995

This paper looks into various aspects of the old age pension debate and related policies in India. In the analysis that follows, we address issues such as: the identity of the drivers of change; t...

by Anand Kumar | On 11 Aug 2010

Patenting Public-Funded Research For Technology Transfer: A Conceptual-Empirical Synthesis of US Evidence and Lessons for India

The question of protecting intellectual property rights by academic inventors was never seriously contemplated until the introduction of the Bayh-Dole Act in 1980 in the US. The Act allowed universiti...

by Amit Shovon Ray | On 30 Jul 2010

Role of Universal Service Obligation Fund in Rural Telecom Services: Lessons from the Indian Experience

Despite the tremendous growth of mobile services in most developing countries, these have largely remained limited to urban areas. This has further aggravated the existing urban and rural divide....

by Rekha Jain | On 26 Jul 2010

Eco-efficiency Indicators: Measuring Resource-use Efficiency and the Impact of Economic Activities on the Environment

The paper aims at examining the "grow green, clean up later", approach to economic growth used by several countries.

by Environment and Development Division | On 21 Jul 2010

Overview of School Education in Delhi

This paper presents an overview of school education in Delhi. [Working Paper No. 0068]

by Soumya Gupta | On 13 Jul 2010

Institutions for Asian Connectivity

To make Asia more economically sustainable and resilient against external shocks, regional economies need to be rebalanced toward regional demand- and trade-driven growth through increased regional co...

by Biswa N Bhattacharyay | On 09 Jul 2010

Understanding Fundamentalist Belief Through Bayesian Updating

Using Bayesian updating to deterministic priors persistence of fundamentalist belief like those in the mind of a terrorist is explained. Under such belief system if conditional evidence is diametric...

by Srijit Mishra | On 14 Jun 2010

Commercialisation of Microfinance in India: A Discussion on the Emperor’s Apparel

The paper looks at the growth and commercialization of microfinance in India. It starts out be looking at how the commercial microfinance has evolved internationally by discussing two specific ex...

by M S Sriram | On 08 Jun 2010

Drivers of Inequality in Millennium Development Goal Progress: A Statistical Analysis

It is examined whether differential progress towards health MDGs was associated with economic development, public health funding (both overall and as percentage of available domestic funds), or health...

by David Stuckler | On 08 Apr 2010

Accounting for Results: Ensuring Transparency and Accountability in Financing for Climate Change

This brief seeks to address questions on how the funds are collected, dsitributes at the international level, mechanisms to ensure that the recipient countries are managing the funds in a transparent...

by Athena Ballesteros | On 15 Dec 2009

Climate Conference in Copenhagen Success is a Political Must

This conference is one of the most important and most complex in the history of climate policy negotiations. The objective is to form a treaty as a successor for the Kyoto Protocol. To enable a breakt...

by Eric Heymann | On 26 Nov 2009

UCLG Policy Paper on Local Finance

The Policy Paper seeks to give voice to a local government vision on financing and stems from a shared understanding of the challenges we face. The Policy Paper contains 25 concrete recom- mendations...

by UCLG Committee on Local Finance and Development UCLG | On 12 Sep 2009

Strengthening Decentralization - Augmenting The Consolidated Fund of the States by the Thirteenth Finance Commission: A Normative Approach

The present study examines issues related to fiscal federalism at the third tier in general and grants to local bodies in particular. The study presents a normative framework to estimate the requireme...

by Abhay Pethe | On 14 Aug 2009

Privatized Retirement And how the Current Crisis has Worsen Worker’s Losses

The debate around retrenchment of pension systems became really popular in the 1990’s after the pioneering experience of Chile in 1981.The disastrous outcomes of the Chilean reform were widely known b...

by Camila Gripp | On 04 Jul 2009

Report on Utilisation of Funds and Assets Created Through Ganga Action Plan in States Under GAP

The Ganga Action Plan (GAP) was launched by the Government of India in the year 1985 with the objective of abatement of pollution in the river Ganga due to discharge of sewage into the river from the...

by Kirit Parikh | On 03 Jul 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

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

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

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

You Can Get There From Here..

This inaugural piece addresses a fundamental problem of communication – how to effectively talk about an issue. It’s not as simple as it seems. Its always known that people did not always “hear” what...

by Joseph Grady | On 05 May 2009

Promoting Sustainable Agriculture: Experiences from India and Canada

Agriculture sector, world over, has experienced a phenomenal growth since the mid-twentieth century. The growth, driven by Green Revolution technology, has made a significant dent on aggregate supply...

by Amita Shah | On 02 May 2009

Global Financial Crisis: Causes, Consequences and India’s Prospects

Presentation shows the global financial crisis, the difference between US, Europe and India, RBI’s policy response and impact, lessons from the crisis, medium-term issues and challenges. [Speech deliv...

by Rakesh Mohan | On 29 Apr 2009

Fiscal Federalism, State Lobbying and Discretionary Finance in India

The paper attempts to construct political influence variables and explain discrepancies in fund disbursement through proper econometric specification in the Indian context.

by Rongili Biswas | On 21 Jan 2009

Contemporary International and Domestic Banking Developments and the Emerging Challenges

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

by Leeladhar V | On 25 Nov 2008

Heterodox Macroeconomics and the Design of Monetary Institutions

Two agendas of the heterodox economics programme; the stock-flow consistent models pioneered by Wynne Godley, and the monetary circuit approach researched in France and Italy are discussed. The object...

by Romar Correa | On 10 Oct 2008

Kandhamal Massacres: Where is the State? Central Government of India must stop the killings

Over 50 persons, mainly Christians, have been killed since the Hindu fundamentalists launched an attack on the Christians following the murder of four members of the VHP including 90 year old Laxmanan...

by Asian Centre for Human Rights ACHR | On 22 Sep 2008

Nepal's Community Forestry Funds:Do They Benifit the Poor?

Funds generated through community forestry offer crucial and significant resources for rural in Nepal. This study examines forestry funds in 100 communities in three districts to assess how large they...

by Ridish K. Pokharel | On 11 Sep 2008

Goa Budget 2008-09

Budget presented by Goa finance minister for the year 2008-09.

by Goa Government | On 01 Apr 2008

Beyond Economic Fundamentalism

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

by Ricardo Baldissone | On 17 Mar 2008

Kerala Budget Speech 2008-09

Budget speech 2008-09 by Finance Minister Dr. Thomas Issac

by Government of Kerala Govt | On 07 Mar 2008

Budget 2008-09 and Children A First Glance

Budget for Children (BfC) is not a separate budget. It is merely an attempt to disaggregate from the overall budget, the allocations made specifically for programmes that benefit children. From 2000-0...

by HAQ Centre for Child Rights HAQCRC | On 04 Mar 2008

Introducing the Railway Budget 2008-2009

Speech of Lalu Prasad

by Lalu Prasad | On 27 Feb 2008

Above our Weight

The political strategies of India and China

by T.N. Ninan | On 11 Feb 2008

The Rehabilitation and Resettlement Bill, 2007

A bill to provide for the rehabilitation and resettlement of persons affected by the acquisition of land for projects of public purpose or involuntary displacement due to any other reason, and for mat...

by Lok Sabha | On 07 Feb 2008

Requirement of Public Holding for Listing

It is proposed to amend the Securities Contracts (Regulation) Rules, 1957 (SCRR) to make provisions to implement the proposals as suggested at Para 11 in the paper. The comments on these proposals are...

by Ministry of Finance | On 05 Feb 2008

Sovereign Wealth Funds: Policy Implications for India

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

by Mukul Asher | On 12 Dec 2007

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

Social Protection Transfers for Chronically Poor People

There are very large numbers of chronically and severely poor people who are not being reached by current development policies, and whose situation is often deteriorating in comparison even with other...

by Chronic Poverty Research Centre CPRC | On 12 Oct 2007

Inititaing Public Debate on Reforms in Higher Education

Idea on National Knowledge Commission, what it is and what are they trying to accomplish, ask for the audience support, understanding and also talk about the need for major reforms in University educa...

by Sam Pitroda | On 05 Oct 2007

The Reserve Bank and the State Governments: Partners in Progress

The States, relative to the Centre, have taken the centre-stage in the reform process since the areas of highest national priority now fall essentially within the purview of the States. The unique and...

by Y V Reddy | On 26 Sep 2007

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

Time to Mainstream Micro-Pensions in India

The paper has argued that to expand coverage of micro-pensions, social entrepreneurship (along with social responsibility) will be needed by the financial sector, including the MFIs, insurance compani...

by Mukul Asher | On 08 May 2007

Pension Liabilities of the Central Government: Projections and Implications

The commonly held belief that the Central government pension bill has the potential to reach an unsustainable level does not appear to be based on any realistic assessment of such liabilities in the...

by Pronab Sen | On 25 Apr 2007

Can Singapore Sustain its Current Globalisation Strategy? Singapore's 2007 Budget

Singapore’s 2007 budget reaffirms government’s determination to continue with the current globalization strategy of high growth, high net in-migration and minimal social risk pooling in financing old...

by Mukul Asher | On 05 Mar 2007

Recent Social Security Reforms in Asia

This presentation reviews recent social security reforms in Asia-Pacific, with emphasis on countries with major reliance on social insurance schemes. Japan, Korea, Philippines, China, Vietnam, and Tha...

by Mukul Asher | On 12 Jan 2007

Nurtured from Above and Growing from the Roots: Social Funds and Decentralization in Zambia and Malawi

This paper focuses on two specific social funds, those in Zambia and Malawi, to consider the possible contribution of social funds to decentralisation of government administration. Both social funds...

by JanKees van Donge | On 22 Dec 2006

China: Pension Provision and Pension Administration

In the long term, there is little doubt that China will be better off with a single and unified pension insurance system covering the whole country, just as most of other countries do. In the short...

by Shaoguang Wang | On 25 Oct 2006

Policy Brief: OECD: Decentralisation in Asian Health Sectors: Friend or Foe?

Decentralising health services – the transfer of power and responsibility from the central to the local level should help the poor if local resources, accountability and governance are in good shape....

by Hiroko Uchimura | On 25 Oct 2006

PLoS Biology: Instituting Change

As an increasing number of funding agencies realize the need to enhance impact by reducing restrictions on access to research articles, academic and research institutions have an opportunity to play...

by Hemal Prathasarathy | On 27 Sep 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

Issues and Options in the Pay-out Phase in Defined Contribution Pension Schemes

Consistent with international trends, the role of a Defined Contribution (DC) schemes is expected to grow substantially in India. The payout phase of DC schemes has received relatively less attention...

by Mukul Asher | On 17 Jul 2006

Open Access Archiving: The Fast Track to Building Research Capacity in Developing Countries

The science base in the developing world cannot be strengthened without access to the global library of research information. Currently, this is nearly impossible due to the high costs of journal subs...

by Leslie Chan | On 25 May 2006

The Role and Nature of Non-Contributory Social Security in the Design of Social Protection Strategies for Older People in DCs

Non-contributory social security is increasingly attracting the attention of developing country policymakers and observers, not least as a mechanism to help address the perceived failure of contributo...

by Roddy McKinnon | On 23 May 2006

Population Ageing

Population aging is primarily the result of past declines in fertility, which produced a decades long period in which the ratio of dependents to working age adults was reduced. Rising old-age dependen...

by David N. Weil | On 03 May 2006

India’s Demographic Trends: Implications for Growth and Capital Markets

India is in a favourable demographic phase, which has the potential to increase its trend rate of growth and depth of its financial and capital markets. These effects however are not likely to be au...

by Mukul Asher | On 17 Apr 2006

Voluntary Organisations, NGOs and the ‘Politics of Development’ in India: A Critical Exploration

This essay studies the domain of politics of development constituted by the state, and attempts to plot the emergence of the voluntary sector, NGOs in particular, as a representative in this contested...

by Swagato Sarkar | On 31 Mar 2006

Union Budget 2006-07: Securing its Legacy

Union Budget 2006-07 breaks new ground in many areas, and continues on the path of modernizing the tax system. It also gives deserved recognition to key allocation priorities. But its legacy will be...

by Mukul Asher | On 04 Mar 2006

Responsive Philanthropy in Mumbai: Corporate Sector and Social Justice Philanthropy

The authors use the framework for social justice philanthropy as elaborated in the National Committee for Responsive Philanthropy of America in April 2003 to study the role of four funding organisatio...

by P.G. Jogdand | On 03 Mar 2006

Union Budget 2006-07: Speech

The bulk of the resources must go to the UPA Government’s eight flagship programmes: Sarva Siksha Abhiyan, Mid-day Meal Scheme, Rajiv Gandhi Drinking Water Mission, Total Sanitation Campaign, National...

by Ministry of Finance | On 28 Feb 2006

Economic Survey 2005-06,Chapter 2

Public Finance

by Ministry of Finance | On 27 Feb 2006

Social Security Policy in an Era of Globalization and Competition: Challenges for Southeast Asia

There are several themes which emerge from the comparative analysis of social security systems in Southeast Asia. Each country will need to address the limitations of their respective system in relati...

by Mukul Asher | On 06 Feb 2006

Report on Second Global Symposium on Pensions , November 18-19, 2005 in Pune

Many developments have taken place over the years. With increase in life expectancy, retirement is becoming longer and traditional retirement models are under strain. Government is now showing serious...

by Anonymous | On 12 Jan 2006

Regulation and Supervision of Pension Funds in India

Power Point Presentation. Occupational pension funds need to be regulated and supervised. A statutory role in the form of Scheme Actuary needs to be created for DB pensions.Adequate information need...

by S.P. Subedar | On 12 Jan 2006

International Best Practices in Pension Supervision

Power Point Presentation. Pension funds must be operated solely for the benefit of participants. • Regulator must be strong and politically independent; • Laws must focus on safety and soundness; •...

by Thomas E. Power | On 12 Jan 2006

Recent Social Security Reforms In Selected Asian Countries

Power Point presentation. In countries such as China, transition (and legacy) issues are a major challenge. This is also the case with civil service reforms in countries such as India, Sri Lanka, Mal...

by Mukul Asher | On 12 Jan 2006

Pension Benefits/Business in India

Power Point Presentation on Pension Benefits/business

by K. Subramanyam | On 12 Jan 2006

The Dynamics of Population Ageing

Power Point Presentation Fertility decline can play a role in economic development if the period of “demographic window of opportunity” is characterised by: a) More workers producing more total out...

by R. Nagarajan | On 12 Jan 2006

Effects of DEmographic Ageing on Economy

PowerPoint presentaion on the paper

by Asha Joshi | On 12 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

A sustainable and scalable approach in Indian pension reform

India is making sound progress on poverty elimination for those who can work. Poverty amongst the elderly will then become the dominant form of poverty in India, since the elderly do not work and thu...

by Ajay Shah | On 08 Nov 2005

Rebuilding China’s Social Safety Net: Why Governance Matters

China has adopted a wide-ranging program of pension reform since the late 1990s. The new pension system has replaced the pre-existing enterprise-based system. This paper analyzes the background of t...

by Minxin Pei | On 08 Nov 2005

Globalisation, Demographic Transition and Reform of Social Safety Nets in India

This paper accepts Rodrik’s premise that globalization and associated changes have increased the urgency of developing social safety nets to: Cushion transition; Help maintain legitimacy of reform, a...

by Mukul Asher | On 08 Nov 2005

Private (Occupational) Pensions in China: A Note on Recent Developments

China, as the most populous country in the world, is ageing rapidly. Against the background of dramatic demographic changes in this century, China’s current pension system is badly structured, and not...

by Yu-Wei Hu | On 22 Oct 2005

Recent Social Security Reforms In Selected Asian Countries

There are considerable variations in the philosophy, coverage, investment policies and performance, design of schemes, governance structures, degree of professionalism and adequacy of benefits among A...

by Mukul Asher | On 11 Oct 2005

Shortfall in EPFO

The Provident Fund office may not have relevant data on more than 80 pere cent of its members.

by Vikas Dhoot | On 21 Sep 2005

Provision Of Universal Access To Quality Education Through Sarva Shiksha Abhiyan

The following note touches upon some broad features and is not intended to go into details of each although in some places these may have been touched. Among other things, the SSA requires planning to...

by Madhav Chavan | On 12 Sep 2005

FDI CAp in pension may not be at 26 per cent

The finance ministry is not likely to accept the Parliamentary standing committee’s recommendation on capping foreign investment for pension fund managers at 26 per cent.

by Anonymous | On 28 Aug 2005

Discussion Paper on Pension Reform and New Pensiion System

PFRDA 1) Current provision of Pensions in India 2) Why review Pension Systems? 3) Governments’ Initiatives 4) New Pension System (NPS) 5) Present Status 6) Why PFRDA Bill? 7) Some clarificatio...

by Anonymous | On 28 Aug 2005

Trends In Chemical Sceinces

The growth of research and development activities in chemical sciences has been spectacular in the last century compared to earlier centuries. Where does India stand in these developments. Reviewed in...

by S Chandrasekaran | On 08 Aug 2005

The State Of Physics

Where do we stand physics research vis a vis interanational developments? As mentioned above, our input in terms of funding of physics research continues to be subcritical. Thus, while we have been ab...

by Sushanta Dattagupta | On 08 Aug 2005

The Problem

Introduction to the issue on Revitilising Science, a symposium on the importance of science and technology in our society.

by Anonymous | On 08 Aug 2005

Pension funds may get tax breaks

The government is likely to re-work tax benefits to make investments in pension funds more attractive for private sector employees. At present, only central government employees can claim tax deductio...

by Ashish Agarwal | On 06 Aug 2005

The Pension Fund Regulatory And Development Authority Ordinance, 2004

An Ordinance to provide for the establishment of an Authority to promote old age income security by establishing, developing and regulating pension funds, to protect the interests of subscribers to sc...

by Government of India GOI | On 06 Aug 2005

Role Of Pension Regulator

In developed financial and capital markets all financial intermediaries such as banks, insurance companies, and pension funds are well regulated. India is the first country in Asia to establish an ind...

by Mukul Asher | On 06 Aug 2005

From Governments To Markets: Funding Urban Infrastructure

Provision of quality urban infrastructure is an area of major concern forthe Indian Economy. The environment defined by the context of globalisation and privatisation has implied fiscal compression an...

by Abhay Pethe | On 05 Aug 2005