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Business Standard Weekend Ruminations: The seductiveness of borders

India has existed as a cultural entity from pre-historic times, but most people are not conversant with how and when the nation-state took shape.

by T.N. Ninan | On 28 Jun 2020

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

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

by T.N. Ninan | On 21 Jun 2020

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

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

by Ashima Goyal | On 14 May 2020

Urban Food Markets and the Lockdown in India

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

by Sudha Narayanan | On 06 May 2020

Emerging Markets Perspectives on G-20 led Financial Reforms

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

by Ashima Goyal | On 25 Apr 2019

When do regulatory interventions work?

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

by Nidhi Aggarwal | On 25 Apr 2019

Macroprudential Policy in Asian Economies

This paper analyzes the conduct and effects of macroprudential policy in 11 Asian economies. Of these, India, the People’s Republic of China, and the Republic of Korea frequently used loan-to-value ra...

by Soyoung Kim | On 23 Apr 2019

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

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

by Farhad Taghizadeh-Hesary | On 01 Apr 2019

Determinants and Impacts of Financial Literacy in the Lao PD

The paper extends the literature by conducting the survey in a relatively low-income Asian economy— the Lao PDR—and analyzing the determinants of financial literacy and the effects of financial litera...

by Peter J. Morgan | On 12 Mar 2019

Rebalancing the Economy and Reforming the Fiscal System of the People’s Republic of China

The goal of the note is to lay out and discuss a package of reforms that could be consistent with the objectives of the government. The fiscal instruments that we consider here include the division of...

by Roy Bahl | On 07 Mar 2019

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

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

by Arpita Mukherjee | On 04 Feb 2019

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

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

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

by Manmohan Agarwal | On 01 Feb 2019

Changing Structure of Employment in Indian States

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

by A.V. Jose | On 01 Feb 2019

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

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

by P.L. Beena | On 31 Jan 2019

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

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

by Daniele Ponzi | On 29 Jan 2019

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

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

by Ila Patnaik | On 23 Jan 2019

Responses to Trade Opening: Evidence and Lessons from Asia

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

by Devashish Mitra | On 22 Jan 2019

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

Exporting and Firm Performance: Evidence from India

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

by Apoorva Gupta | On 12 Jan 2019

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

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

by Amandeep Kaur | On 11 Jan 2019

Analyzing the Dynamic Relationship between Physical Infrastructure, Financial Development and Economic Growth in India

The paper investigates dynamic relationship between physical infrastructure, financial development and economic growth in the case of India, using an Autoregressive Distributed Lag (ARDL) and Toda-Yam...

by Ranjan Kumar Mohanty | On 11 Jan 2019

Services Policies and Manufacturing Exports

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

by Ben Shepherd | On 28 Dec 2018

Competition in Two Sided Markets with Congestion

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

by Swapnil Sharma | On 27 Dec 2018

The Impact of Trade Conflict on Developing Asia

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

by Abdul Abiad | On 21 Dec 2018

Insights from Behavioral Economics on Current Policy Issues

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

by Ashima Goyal | On 29 Oct 2018

Do Local Currency Bond Markets Enhance Financial Stability?

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

by Donghyun Park | On 26 Oct 2018

Skewed Credit and Growth Dynamics after the Global Financial Crisis

A large empirical literature finds that financial development is beneficial for economic growth, although some recent evidence suggests otherwise. The paper contributes to the finance–growth literatur...

by Gemma Estrada | On 19 Oct 2018

Harnessing Technology for Moe Inclusive and Sustainable Finance in Asia and the Pacific

This brief report documents facts of financial innovation in Asia and the Pacific that include: • Fintech redefines a specific sector at the intersection of financial services and technology sectors....

by Asian Bank | On 09 Oct 2018

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

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

by Dean Karlan | On 04 Oct 2018

The Changing Network of Financial Market Linkages: The Asian Experience

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

by Biplob Chowdhury | On 21 Sep 2018

Rationale and Institution for Public – Private Partnerships

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

by Jungwook Kim | On 19 Sep 2018

Financial Market Integration and Income Inequality

This paper uncovers novel empirical evidence that financial market integration and financial market development interact to change income inequality. When other things are controlled, the effect of fi...

by Jae wook Jung | On 11 Sep 2018

Is Employment Globalizing?

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

by Liming Chen | On 10 Sep 2018

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

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

by Charles W. Calomiris | On 03 Sep 2018

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

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

by Jamil Paolo Francisco | On 30 Aug 2018

Green Energy Finance in India: Challenges and Solutions

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

by Gopal K. Sarangi | On 24 Aug 2018

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

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

by Vivek Rao | On 24 Aug 2018

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

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

by Megan Counahan | On 24 Aug 2018

Evaluating India's Exchange Rate Regime Under Global Shocks

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

by Ashima Goyal | On 24 Aug 2018

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

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

by Hooman Peimani | On 16 Aug 2018

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

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

by Purkayastha Dhruba | On 13 Aug 2018

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

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

by Ranaporn Tantiwechwuttikul | On 13 Aug 2018

Building Food Security in Asia through International Agreements on Rice Reserves

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

by Asian Development Bank Institute | On 10 Aug 2018

Enabling Smart Urban Redevelopment in India through Floor Area Ratio Incentives

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

by Apoorva Shenvi | On 25 Jul 2018

Portfolio Composition and Valuation Effects in Emerging Market Economies

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

by Ashima Goyal | On 25 Jul 2018

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

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

by Savia Hasanova | On 19 Jul 2018

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

The Structure of Origin-Based Social Network and Its Influence on Migration Diffusion: The Case of a Migrant-Sending Village in the Philippines

This study seeks to examine the structure of migration networks in a migrant-sending in the Philippines and to relate this to the diffusion of migration behavior in the village over time. Such socio-h...

by Aubrey D. Tabuga | On 29 Jun 2018

Analyzing Decisiveness of Migration Intentions: Social Kinship that Matters

This paper therefore argues that using aggregate measures like migration incidence in an area wherein homogeneity is assumed and obtaining a significant and positive effect may erroneously amplify the...

by Aubrey D. Tabuga | On 28 Jun 2018

Preliminary Environmental Impact Assessment (EIA) Study of China-Pakistan Economic Corridor (CPEC) Northern Route Road Construction Activities in Khyber Pakhtunkhwa (KPK), Pakistan

Pakistan-China relations date back to the Silk Route, but the formal ties began in 1950. Pakistan was the first Muslim country to recognize China as People's Republic and Pakistan International Airlin...

by Mahmood A. Khwaja | On 28 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

Fair play in Indian Health Insurance

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

by Shefali Malhotra | On 15 Jun 2018

Federalism, Fiscal Asymmetries and Economic Convergence: Evidence from Indian States

This paper tests economic convergence across States in India by incorporating federal fiscal asymmetries and differentials in gross fixed capital formation at the state level. Using dynamic panel mode...

by Lekha Chakraborty | On 15 Jun 2018

Financial Globalisation and Economic Growth in South Asia

The paper examines the relationship between financial globalization and growth. While the existing literature suggests divergent conclusions and mostly in the case of developed countries, there is dea...

by N R Bhanumurthy | On 14 Jun 2018

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

This paper provides an analysis of financial inclusion, literacy, and education issues in the Republic of Tajikistan. It discusses the recent progress in financial inclusion and the sector’s response...

by Roman Mogilevskii | On 11 Jun 2018

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

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

by Carlos De Resende | On 09 Jun 2018

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

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

by Sayuri Shirai | On 07 Jun 2018

Financial Inclusion, Financial Literacy, and Financial Education in AZerbaijan

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

by Gubad Ibadoghlu | On 07 Jun 2018

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

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

by Armen Nurbekyan | On 07 Jun 2018

Young Enterprises and Bank Credit Denials

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

by Danilo V. Mascia | On 06 Jun 2018

Global Banking Network and Regional Financial Contagion

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

by Cyn Young Park | On 31 May 2018

Determinants of Dividends among Indian Firms—An Empirical Study

The study aims to understand the determinants of dividend trends of Indian firms. The study was based on a sample of 31,234 firms representing 15 different industry sectors. Construction materials...

by | On 31 May 2018

Financial Inclusion: Indian Initiatives in the Global Perspective

This comprehensive paper attempts to critically evaluate the initiatives taken by India through the Reserve Bank of India in achieving financial inclusion and the efforts made...

by | On 28 May 2018

Book Review: A Critical Feminist Narrative

Review of Domestic Workers of the World Unite: A Global Movement for Dignity and Human Rights by Jennifer N. Fish; Sage Publications; Pp. 320, Rs. 995.

by Aparna Rayaprol | On 28 May 2018

Innovation and Trade Policy in a Globalized World

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

by Ufuk Akcigit | On 02 May 2018

Global Food Policy Report 2018

The 2018 Global Food Policy Report reviews major food policy developments and events from the past year. Leading researchers, policy makers, and practitioners examine what happened in food polic...

by IFPRI International Food Policy Research Institute | On 24 Apr 2018

The Global Findex Database 2017: Measuring Financial Inclusion and the Fintech Revolution

The Global Findex database is the world’s most comprehensive data set on how adults save, borrow, make payments, and manage risk. Launched with funding from the Bill & Melinda Gates Foundation, the da...

by World Bank [WB] | On 21 Apr 2018

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

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

by | On 20 Apr 2018

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

Small and medium enterprises (SMEs) cover a wide range of industries and play a major role in both developed and developing economies. They are considered as significant sources of ent...

by Navyashree G. R. | On 19 Apr 2018

People, Policy and Partnership for Disaster Resilience Development: Proceedings

The report says that the Bunkar Samiti was establised to create a common platform for sustainable livelihoods.

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

Domestic Resource Mobilisation for Development: An Analysis for the Past Trends and Future Options

The paper says that average saving rate over 1990-91 to 1995-96 has been only 14.7 percent of GDP.

by Sarfraz Qureshi | On 30 Mar 2018

International Commodity Prices and Domestic Bank Lending in Developing Countries

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

by | On 30 Mar 2018

Human Capital and Income Equality

This study investigates empirically how human capital, measured by educational attainment, is related to income distribution. The regressions, using a panel data set covering a broad range of countr...

by | On 30 Mar 2018

The Geography of Patenting in India: Patterns and Determinants

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

by Jaya Prakash Pradhan | On 29 Mar 2018

Triggers and Barriers for ‘Exclusion’ To ‘Inclusion’ in the Financial Sector: A Country-Wise Scrutiny

There have been very few works focusing on the determinants and barriers of financial inclusion. The objective of this study is two folded. Firstly, to measure a efficient composite multi-dimensiona...

by | On 27 Mar 2018

Financial Inclusion: New Measurement and Cross-Country Impact Assessment

This paper introduces a new index of financial inclusion for 151 economies using principal component analysis to compute weights for aggregating nine indicators of access, availability, and usage. It...

by Rogelio V. Mercado, Jr. | On 20 Mar 2018

Would UDAY Brighten Up Rajasthan Finances?

Ujwal DISCOM Assurance Yojana (UDAY) required number of State governments to take over debt of power distribution companies in their books of accounts. Though this one time intervention made both debt...

by Pinaki Chakraborty | On 19 Mar 2018

Women in the Economy: An Untapped Resource for Growth in the Asia-Africa Region

Ensuring Women’s their participation in the economy requires access to skills, technology and finance. India and Japan have supported such initiatives in Asia and Africa in the past, but a joint effor...

by Renana Jhabvala | On 15 Mar 2018

People-to-People Partnership in Asia Africa Growth Corridor: Historical and Cultural Linkages

People-to-People Partnership (PPP) is an important and inevitable mode of interactions in the sphere of international relations. In any kind of developmental, diplomatic and cultural interactions and...

by | On 15 Mar 2018

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

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

by S.K. Sasikumar | On 12 Mar 2018

Budget 2018: Uttar Pradesh Budget Speech

The Finance Minister of Uttar Pradesh Mr. Rajesh Agarwal presented the budget for Uttar Pradesh, for the financial year 2018-19, on 16 February 2018. The total outlay for the year is Rs. 4,28,384.52 c...

by Ministry of Finance | On 12 Mar 2018

Managing Financial Globalization: Insights from the Recent Literature

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

by Shang-Jin Wei | On 10 Mar 2018

SAARC Food Bank (SFB) Institutional Architecture and Issues of Operationalisation

In view of the need for an appropriate institutional architecture to address the food security concerns in South Asia, issues of proper operationalisation of the SAARC Food Bank (SFB) have assumed cr...

by | On 06 Mar 2018

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

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

by | On 27 Feb 2018

Internationalisation of the Rupee

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

by Shekhar Hari Kumar | On 27 Feb 2018

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

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

by M.A. Oommen | On 27 Feb 2018

Women Rights in Conflict Zones: A Focus on India

Through these studies it has been shown how often the plight of women and the impact of war on their lives had been ignored.

by Sona Drahonovská | On 22 Feb 2018

Militarisation and Armed Conflict

India's claim that all human rights violations are redressed stands sharply refuted by the report of the National Human Rights Commission (NHRC) which in its report to UPR2 stated that AFSPA remains i...

by Working Group on Human Rights (WGHR) | On 21 Feb 2018

A Study on Illegal Immigration into North-East India: The Case of Nagaland

Migration is a global phenomenon; and it will continue to do so in the near future. All through human history, it has been a significant factor influencing population change. Migration involves the...

by | On 20 Feb 2018

India and Bhutan: The Strategic Imperative

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

by | On 20 Feb 2018

Governance Dilemmas of Sustainable Cities

This paper aims to scrutinize the dilemmas involved in governing sustainable cities, and it offers a suggestion for how the challenge might be addressed.

by Joakim Öjendal | On 08 Feb 2018

Choice, Recognition and the Democracy Effects of Decentralization

The report says that many democratic decentralization reforms are well-crafted.

by James Manor | On 07 Feb 2018

Union Budget 2018-19: Budget for Children in New India

India is currently going through a major demographic transition and it is this transition that is going to make India one of the world’s youngest countries with largest young population. Of this you...

by HAQ: Centre for Child Rights | On 05 Feb 2018

Of Hits and Misses: An Analysis of Union Budget 2018-19

The report presents a comprehensive analysis of the budgetary provisions for important social sectors and the vulnerable sections of the population. It also presents an overview of the fiscal indicat...

by Centre for Budget and Governance Accountability CBGA | On 05 Feb 2018

Kerala Budget 2018-19

Budget speech of Finance Minister of Kerala.

by T.M. Thomas Issac | On 05 Feb 2018

Economic Survey 2017: Volume II, Chapter 5: Sustainable Development, Energy and Climate Change

India continues to undertake and effectively implement a large number of actions relating to energy, environment and climate, in particular, covering renewable energy, energy efficiency, sustainable...

by Arun Jaitley | On 01 Feb 2018

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

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

by Arun Jaitley | On 31 Jan 2018

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

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

by Arun Jaitley | On 31 Jan 2018

Economic Survey 2017: Volume II, Chapter 2: Review of Fiscal Developments

Sound public financial management has been one of the pillars of India’s macro-economic stability in the last three years. Based on this firm footing, the Government, in partnership with the States,...

by Arun Jaitley | On 31 Jan 2018

China’s Development Finance to Asia: Characteristics and Implications

The paper ends with a discussion of the implications of possible shift in China's overseas development finance strategy since 2011.

by Oh Ah | On 31 Jan 2018

Economic Survey 2017: Volume I, Chapter 3: Investment and Saving Slowdowns and Recoveries: Cross-Country Insights for India

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

by Arun Jaitley | On 31 Jan 2018

Budget Speech Jharkhand 2018

The Chief Minister of Jharkhand, Shri Raghubar Das presented the Budget for the financial year 2018-19 on 23 January, 2018. Total expenditure for the year is expected to be Rs. 80,200 crore.

by Raghubar Das | On 25 Jan 2018

Budget Speech Jharkhand- 2018

The Chief Minister of Jharkhand, Shri Raghubar Das presented the Budget for the financial year 2018-19 on 23 January, 2018. Total expenditure for the year is expected to be Rs. 80,200 crore.

by Raghubar Das | On 25 Jan 2018

Mitigating Threats to Girls's Education in Conflict Affected Contexts: Current Practice

Conflict amplifies existing power dynamics and inequalities in families and societies because of the insecurity and fear caused by the upheaval of support structures. Conflicts generally result in the...

by | On 22 Jan 2018

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

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

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

Northeast India: The Emerging Scenarios

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

by Namrata Goswami | On 17 Jan 2018

Cross-Border Spillover Effects of the G20 Financial Regulatory Reforms

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

by Clive Briault | On 15 Jan 2018

Strategic Roadmap for Implementation of UDAY Scheme

This study analyses the concerns/challenges in executing the operational targets set under the UDAY scheme for two DISCOMs in Karnataka, namely, Mangalore Electricity Supply Company Limited (MESCOM)...

by Rishu Garg | On 11 Jan 2018

People, Policy and Partnership for Disaster Resilience Development

The paper narrates about the proceedings that were centered on a wide range of community level risk reduction efforts that are effectively reducing vulnerabilities as well as influencing development p...

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

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

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

by | On 07 Jan 2018

Prioritizing Agricultural Research and Extension

India’s agricultural research and extension system has grown tremendously to meet the country’s rapid change in research and development (R&D) needs over the past half century. Major activities in thi...

by | On 27 Dec 2017

Financial Literacy in Japan: Determinants and Impacts

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

by Naoyuki Yoshino | On 21 Dec 2017

Effects of Financial Market Imperfections on Indian Firms‘ Exporting Behavior

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

by Hiro Ito | On 21 Dec 2017

Impact of India's Demonetization on Domestic Agricultural Markets

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

by Nidhi Aggarwal | On 10 Dec 2017

Addressing the Defaults of Globalization

There had been many wars in Europe before. But never before wars, that had started in Europe, had become wars to be fought throughout the world. There had been genocide before, but the scale of the...

by | On 22 Nov 2017

The Status of Financial Inclusion, Regulation, and Education in India

India’s financial inclusion agenda has witnessed a paradigm shift over the last decade, away from an emphasis on credit to a more comprehensive approach toward financial services (e.g., opening bank a...

by | On 16 Nov 2017

Management of Capital Flows in India

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

by Abhijit Sen Gupta | On 13 Nov 2017

Capital Flows and Financial Stability in Emerging Economies

There is mixed evidence for the impact of international capital flows on financial sector's stability. This paper investigates the relationship between components of gross capital flows and various fi...

by | On 10 Nov 2017

Assessment of Space Programs and Policies for Regional Cooperation in the Asia Pacific Region

International space cooperation in the Asia Pacific region have entered a new stage. Today a lot of nations in this region have actively developed space capabilities, and have come to use them for a v...

by | On 09 Nov 2017

Analyzing Adoption of soil Conservation Measures by Farmers in Darjeeling District, India

The study attempts to assess the key determinants of the decision to adopt soil conservation. The study area is Teesta River Watershed, in Darjeeling District in the Eastern Himalayas. In the watershe...

by Chandan Singha | On 07 Nov 2017

Price Discovery in some Primary Commodity Markets in India

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

by Raushan Kumar | On 07 Nov 2017

Socio-economic and Environmental Factors Affecting Health in District Bhimber (AJK)

This study evaluates the impact of various socio economic and environmental variables on the incidence of diseases in district Bhimber of Azad Jammu and Kashmir (AJK).

by Salma Kousar | On 27 Oct 2017

BRICS AND Illicit financial flows

There is a growing sense of anguish among the citizens across the world with the increasing number of public disclosures exposing how a small group of global elite (individuals as well as MNCs) have b...

by | On 25 Oct 2017

Macroeconomic Impact of International Reserves: Empirical Evidence from South Asia

This paper constructs a dynamic macro model with new monetary policy rule to examine the implications of international reserve accumulation for macroeconomic outcomes such as economic growth and infla...

by Prakash Shrestha | On 18 Oct 2017

Soils’ Potential To Contribute To Offset International Aviation Emissions

This informative note presents soil carbon sequestration as an option for offsetting this emissions through a market-based mechanism within the Carbon Offsetting and Reduction Scheme for International...

by Food and Agricultural Organization [FAO] | On 16 Oct 2017

Trade Misinvoicing: What can we measure?

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

by Suranjali Tandon | On 10 Oct 2017

Creating Solar Parks in Cities

These consumers expect stable returns and minimal hassles.

by Saptak Ghosh | On 10 Oct 2017

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

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

by Mahmood ul Hasan Khan | On 09 Oct 2017

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

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

by Sarthak Karki | On 06 Oct 2017

Relationship between Financial Literacy and Behavior of Small Borrowers

The analysis showed that the relationship of financial literacy of small borrowers was significant with their financial attitude and behavior.

by Ramesh Chaulagain | On 06 Oct 2017

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

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

by S. Chandrasekhar | On 03 Oct 2017

Optimal Inflation Rate for Nepal

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

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

East Asian Financial and Economic Development

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

by Randall Morck | On 25 Sep 2017

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

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

by Amrita Chatterjee | On 25 Sep 2017

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

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

by Rajeswari Sengupta | On 18 Sep 2017

Growth Effects of Economic Globalization: A Cross-Country Analysis

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

by Sovna Mohanty | On 13 Sep 2017

Augmenting Small Farmers Income Through Rural Non-Farm Sector: Role of Information and Institutions

The paper discusses the nature and extent of non-farm activities in India using India Human Development Survey unit record data. An exercise carried out to understand the determinants of income from n...

by Meenakshi Rajeev | On 11 Sep 2017

Economic Globalization and Income Inequality: Cross-country Empirical Evidence

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

by Sovna Mohanty | On 07 Sep 2017

Real Democratization in Cambodia? An Empirical Review of the Potential of a Decentralization Reform

This has facilitated the growth of a (more) positive relationship between civil society and the local state reduced the governance gap and enhanced the legitimacy of the local state.

by Joakim Öjendal | On 01 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

Gandhian Economic Thought and Modern Economic Development

The report says that a fresh wave of globalisation since the early 1990s has created both hope and despair.

by Sudarshan Iyengar | On 23 Aug 2017

Indian Food and Welfare Schemes: Scope for Digitization Towards Cash Transfers

The paper presents a case for a phased rolling out of direct benefits transfer (DBT) for Food in India. By studying all states and Union Territories on three broad parameters: demographics, performanc...

by Shweta Saini | On 21 Aug 2017

Settling for Academia? H-1B Visas and the Career Choices of International Students in the United States

The yearly cap on H-1B visas became binding for the first time in 2004, making it harder for college-educated foreigners to work in the United States. However, academic institutions are exempt from th...

by Catalina Amuedo-Dorantes | On 17 Aug 2017

A Sustainable Development Framework for India’s Climate Policy: Interim Report

This study’s framework could serve as an alternative development paradigm for India and other developing countries.

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

The Politics of Pseudoactions Local Governance and Gender Policy Implementation in the Western Balkans

The analysis, based on extensive fieldwork carried out over a three-year period, shows successful implementation of GRB in the region to be hindered not only by barriers such as lack of political comm...

by Andrea Spehar | On 11 Aug 2017

Strengthening Local Governance in Africa: Beyond Donor-Driven Approaches

The paper argues, in line with other recent studies that time has come to rethink concepts and practices used to promote local governance in African countries.

by Göran Hydén | On 10 Aug 2017

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

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

by R Rijesh | On 09 Aug 2017

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

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

by Bhabesh Hazarika | On 09 Aug 2017

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

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

by Arpita Mukherjee | On 08 Aug 2017

Report of The Committee to Review Governance of Boards of Banks in India

The Report projects, under different scenarios, the capital requirements till March 2018 in order that provisions are prudent, there is adequate balance sheet growth to support the needs of the econom...

by Reserve Bank of India RBI | On 08 Aug 2017

Report of the Working Group on Resolution Regime for Financial Institutions

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

by Reserve Bank of India RBI | On 08 Aug 2017

Scarcity at the End of the Month: First Results from a Field Experiment in Bangladesh

This paper reports results of a ?eld experiment designed to test how the timing of wage payments a?ects consumption and ?nancial behaviors. Salaried employees in a large manufacturing ?rm were paid a...

by Emily Breza | On 07 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

A Measure of Finance-Neutral Output Gap for India

In the Indian context, the present literature on estimation of potential output - the level of output that an economy can produce sustainably over the medium term is based on an understanding that sus...

by Deba Prasad Rath | On 04 Aug 2017

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

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

by Snehal S. Herwadkar | On 04 Aug 2017

Comments of the Reserve Bank of India on A New Capital Adequacy Framework

The report narrates that the Accord provided a framework for a fair and reasonable degree of consistency in the application of capital standards in different countries, on a shared definition of capit...

by Reserve Bank of India RBI | On 03 Aug 2017

Approaches to Low Carbon Development in China and India

Low carbon development has gained policy prominence and is a concern of both environment and development policy globally and in China and India. This paper discusses the role of China and India as im...

by Shailly Kedia | On 03 Aug 2017

Trade in High Technology Products Trends and Policy Imperatives for BRICS

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

by | On 03 Aug 2017

Accelerating Gender Parity in the Fourth Industrial Revolution

Over the last decade, gender gaps in the workforce, particularly those in leadership positions, have remained largely unchanged and progress has stalled, despite growth in the numbers of women acquiri...

by World Economic Forum [WEF] | On 01 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

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

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

by Ryan Nehring | On 28 Jul 2017

Handbook on Assessment of Labour Provisons in Trade and Investment Arrangements

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

by International Organisation | On 28 Jul 2017

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

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

by Dipendra Bhattarai | On 28 Jul 2017

Gender Matters in Economic Empowerment Interventions: A Research Review

The article reviews the recent evaluation evidence on financial services and training interventions designed to increase the productivity and income of the poor; it includes the subset of evaluation...

by Mayra Buvinic | On 28 Jul 2017

Sanitation Tool Compendium

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

by Shramana Dey | On 27 Jul 2017

The Corporate Social Responsibility Act in India: An Early Assessment

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

by Sangeeta Bansal | On 27 Jul 2017

Are Mobile Financial Services Promoting Financial Inclusion in Bangladesh? An Assessment Study

Despite rapid progress of the financial sector in Bangladesh, there are concerns that banks have not been able to include a vast segment of the population, especially the underprivileged sections and...

by Bilkis Sultana | On 26 Jul 2017

2014 Clean Energy Investments: Project Summaries

This report summarizes the investments in clean energy made by the operations departments of the Asian Development Bank (ADB) in 2014.

by Asian Development Bank Institute | On 26 Jul 2017

Can Leaders Promote Better Health Behavior? Learning from a Sanitation and Hygiene Communication Experiment in Rural Bangladesh

This study looks at the roles that local women leaders can play in addressing the important environmental health issue of sanitation and hand hygiene by improving access to quality sanitation and hygi...

by Atonu Rabbani | On 25 Jul 2017

Asia Bond Monitor - June 2015

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

by Asian Development Bank Institute | On 24 Jul 2017

East Asia Department Knowledge Management Initiatives in 2014

This annual publication showcases the results of knowledge management initiatives of the East Asia Department of the Asian Development Bank in 2014.

by Asian Development Bank Institute | On 24 Jul 2017

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

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

by Asian Development Bank Institute | On 21 Jul 2017

Households' Inflation Expectations in India: Role of Economic Policy Uncertainty and Global Financial Uncertainty Spill-over

Inflation expectations are an important marker for the conduct of monetary policy. Using a Bayesian structural VAR-X model that includes the inflation expectations of general public based on the Infla...

by Taniya Ghosh | On 21 Jul 2017

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

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

by Asian Development Bank Institute | On 20 Jul 2017

Local Currency Bonds and Infrastructure Finance in ASEAN+3

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

by Asian Development Bank Institute | On 18 Jul 2017

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

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

by Asian Development Bank Institute | On 12 Jul 2017

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

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

by Asian Development Bank Institute | On 11 Jul 2017

Financial Soundness Indicators for Financial Sector Stability in Georgia

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

by Asian Development Bank Institute | On 07 Jul 2017

Financial Soundness Indicators for Financial Sector Stability in Viet Nam

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

by Asian Development Bank Institute | On 07 Jul 2017

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

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

by Asian Development Bank Institute | On 06 Jul 2017

Asia Bond Monitor - September 2015

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

by Asian Development Bank Institute | On 06 Jul 2017

Asia Bond Monitor - November 2015

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

by Asian Development Bank Institute | On 29 Jun 2017

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

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

by Sungsup Ra | On 27 Jun 2017

Strengthening City Disaster Risk Financing in Vietnam

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

by Asian Development Bank Institute | On 26 Jun 2017

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

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

by Asian Development Bank Institute | On 23 Jun 2017

Asia Bond Monitor - June 2017

This issue of the Asia Bond Monitor includes two special discussion boxes. Box 1 discusses the risks to emerging Asia’s financial stability under tightening global liquidity conditions. Box 2 discusse...

by Asian Development Bank Institute | On 23 Jun 2017

Sri Lanka: Development Effectiveness Brief

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

by Asian Development Bank Institute | On 19 Jun 2017

Southwest Area Integrated Water Resources Planning and Management Project in Bangladesh: Sharing Knowledge on Community-Driven Development

This report describes how applying community-driven development principles to managing the water resource can both expand livelihood opportunities available to beneficiaries at no additional cost to t...

by Asian Development Bank Institute | On 16 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

Trade and Transport Facilitation Monitoring Mechanism: Baseline Study in Bangladesh

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

by Asian Development Bank Institute | On 12 Jun 2017

Asia Bond Monitor - June 2016

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

by Asian Development Bank Institute | On 06 Jun 2017

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

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

by Asian Development Bank Institute | On 02 Jun 2017

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

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

by Asian Development Bank Institute | On 01 Jun 2017

Envisioning Tax Policy for Accelerated Development in India

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

by M. Govinda Rao | On 26 May 2017

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

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

by Asian Development Bank Institute | On 23 May 2017

Asia Bond Monitor - September 2016

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

by Asian Development Bank Institute | On 23 May 2017

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

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

by Asian Development Bank Institute | On 22 May 2017

ASEAN+3 Bond Market Guide 2016: Malaysia

According to data published on AsianBondsOnline, total LCY bonds outstanding in Malaysia barely moved in the third quarter of 2015 compared with the previous quarter, standing at MYR1,076 billion at t...

by Asian Development Bank Institute | On 16 May 2017

Asia Bond Monitor - November 2016

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

by Asian Development Bank Institute | On 11 May 2017

Asian Economic Integration Report 2016

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

by Asian Development Bank Institute | On 10 May 2017

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

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

by Asian Development Bank Institute | On 10 May 2017

Accelerating Financial Inclusion in South-East Asia with Digital Finance

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

by Asian Development Bank Institute | On 09 May 2017

District Cooling in the People’s Republic of China: Status and Development Potential

This paper says that district cooling is feasible in the PRC and deserves further development because it can significantly improve the efficiency of energy use, as well as indoor climate, with energy...

by Asian Development Bank Institute | On 09 May 2017

Asia Bond Monitor - March 2017

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

by Asian Development Bank Institute | On 05 May 2017

Economics Of Climate Change Mitigation In Central And West Asia

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

by Asian Development Bank Institute | On 04 May 2017

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

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

by Subrata Sarkar | On 03 May 2017

Space India 2.0 Commerce, Policy, Security and Governance Perspectives

This book addresses many of these prevalent policy issues and suggests measures to address them from the varied perspectives of space commerce, space policy, space security, global governance, and in...

by | On 14 Apr 2017

World Employment Social Outlook

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

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

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

The Inclusive Growth and Development Report 2017

This Report, and the System Initiative on Economic Growth and Social Inclusion of which it is part, exemplify the World Economic Forum’s ambition to serve as a platform to enable closer cooperation be...

by | On 27 Feb 2017

Economic Status and Adult Mortality in India

Research on economic status and adult mortality is often stymied by the reciprocity of this relationship. While financial resources increase access to healthcare and nutrition and reduce mortality, si...

by | On 15 Feb 2017

What Do the Numbers Tell? An Analysis of Union Budget 2017-18

Budget 2017-18 is placed at an important juncture when there has been a thrust by the government for a digitised and a consequent cashless economy with the demonetisation of high value currency note...

by Centre for Budget and Governance Accountability CBGA | On 03 Feb 2017

Climate Change: Impacts, Vulnerabilities and Adaptation in Developing Countries

Developing countries are the most vulnerable to climate change impacts because they have fewer resources to adapt: socially, technologically and financially. Climate change is anticipated to have far...

by United Nations Economic and Social Commission for Asia and the Pacific | On 23 Jan 2017

Skill Development : An Engine of Economic Growth

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

by | On 04 Jan 2017

Financial Inclusion in the Digital Age

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

by Shawn Hunter | On 29 Dec 2016

Modelling Corporate Sector Distress in India

The paper attempts to formulate a model to predict corporate financial distress of non-government non-financial public limited companies and estimate distressed bank debt due to the sample companies...

by Manjusha Senapathi | On 27 Dec 2016

Strengthening State Legislatures: Background Note for the Conference on Effective Legislatures

State legislatures are responsible for making laws on key subjects like land, police and health. They are also tasked with approving the expenditure of money for their respective states every year. T...

by Prianka Rao | On 30 Nov 2016

Craft Clusters and Work in Rural India: An Exploration

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

by Keshab Das | On 28 Nov 2016

Challenging Discrimination in Employment: A Summary of Research and a Typology of Measures

The scope of this project was defined by the mandate of the ILO. It therefore focused on the employment relationship as it relates specifically to migrant and ethnic minority workers. The normative ba...

by | On 28 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

Green Jobs Assessment

The study focuses on four industries, which were identified by the Government as the growth poles of Mauritius’ economy: sugar agriculture, textiles, tourism (hotels) and financial services.3 The empl...

by International Labour Organization [ILO] | On 08 Nov 2016

A Stagnant Agriculture in Kerala: The Role of the State

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

by Lekshmi R Nair | On 08 Nov 2016

The Impact of Arranged Marital Customs on Women 's Autonomy in Rural India

It will be argued that while modernization in India has allowed for small improvements to women's autonomy, in rural India today the little autonomy women do have is constricted through traditional no...

by | On 02 Nov 2016

Laws and Institutions Relating to Environmental Protection in India

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

by U. Sankar | On 28 Oct 2016

Doing Business

Against the backdrop of the global financial and economic crisis, policy makers around the world took steps in the past year to make it easier for local firms to start up and operate. This is importan...

by World Bank [WB} | On 27 Oct 2016

Investment Pattern of Youth in India with Particular Reference to Mumbai

This study examines the savings and investment pattern of select college going students (Age: 17-25 years) in the city of Mumbai who has just begun to earn. The study also looks into the basic financi...

by | On 25 Oct 2016

The Effect of Changing Financial Incentives on Repartnering

This paper examines how a reduction in the financial resources available to lone parents affects repartnering. We exploit natural experiment that reduced the financial resources available to a subset...

by | On 18 Oct 2016

On Measuring Uncertainty: Snakes and Ladders

The Global Crisis demonstrated to the world that Ratings Agencies had misled the public about the stability of financial institutions. The Finance literature had decided that it was impossible to have...

by | On 18 Oct 2016

Review: The Making of International Human Rights: The 1960s, Decolonization, and the Reconstruction of Global Values

Review of The Making of International Human Rights: The 1960s, Decolonization, and the Reconstruction of Global Values. Human Rights in History Series. Cambridge: Cambridge University Press, 2016.

by | On 17 Oct 2016

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

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

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

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

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

by K L Krishna | On 10 Oct 2016

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

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

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

by Sunder Ramaswamy | On 29 Sep 2016

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

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

by Nadia Doytch | On 29 Sep 2016

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

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

by S.S. Mundra | On 26 Sep 2016

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

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

by Howard Bodenhorn | On 22 Sep 2016

Long-Range Growth: Economic Development in the Global Network of Air Links

This paper studies the impact of international long-distance flights on the global spatial allocation of economic activity. To identify causal effects, it exploits variation due to regulatory and tech...

by Filipe Campante | On 21 Sep 2016

Introduction: Academic Freedom in Crisis

This essay is the first in a series on Academic Freedom in Crisis curated by socialsciencespace. In the current context of the apparent retreat of academic freedom across the world, the series of shor...

by Daniel Nehring | On 11 Sep 2016

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

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

by N S Siddharthan | On 11 Sep 2016

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

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

by Navyashree G. R. | On 08 Sep 2016

Substance Abuse Treatment Centers and Local Crime

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

by Samuel Bondurant | On 07 Sep 2016

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

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

by Deepthi Mary Mathew | On 07 Sep 2016

Words Matter: A Textual Analysis of SBP’s Monetary Policy Reviews

In this paper a textual analysis is performed of monetary policy statements issued during the past ten years by State Bank of Pakistan and compare them with policy reviews of seven selected central ...

by Asif Mahmood | On 07 Sep 2016

The Independence of the Central Bank

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

by Raghuram G. Rajan | On 06 Sep 2016

Impacts on International Migration and Remittances Growth

This study provided a brief discussion of the international migration, an age old common phenomenon is an emerging economic development issue and remittances growth. Approach: Each year Bangladesh exp...

by | On 31 Aug 2016

Abductive Reasoning in Macroeconomics

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

by Ashima Goyal | On 31 Aug 2016

ABCD of MSME Credit

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

by S.S. Mundra | On 29 Aug 2016

Education for Rural Development: Towards New Policy Responses

The big challenge of the new century is the reduction of poverty. Virtually all countries and donors agree on the importance of reducing poverty and its attendant problems of inequity, lack of respect...

by Food and Agricultural Organization [FAO] | On 24 Aug 2016

Food Security and Agricultural Development in Times of High Commodity Prices

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

by | On 24 Aug 2016

Combating Haze: Holding One’s Breath A Year On

Indonesia’s efforts to combat forest fires have thus far shown some signs of progress. Doubts over Indonesia’s commitment and the effectiveness of its measures however seem to remain.

by | On 19 Aug 2016

Revisiting RP's Hybrid Rice Program

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

by Philippine Institute for Development Studies | On 16 Aug 2016

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

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

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

Brain Drain Versus Brain Gain: The Study of Remittances in Southeast Asia and Promoting Knowledge Exchange Through Diasporas

The study attempts to identify the macroeconomic determinants of remittance inflows in South Asian countries. It uses additively separable utility function as theoretical framework and the Arellano-Bo...

by | On 16 Aug 2016

Feeding Climate Change: What the Paris Agreement Means for Food and Beverage Companies

This paper presents new data commissioned from the research consultancy CE Delft on the greenhouse gas emissions footprints and water scarcity footprints of major food commodities. The data demonstrat...

by Oxfam International | On 16 Aug 2016

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

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

by Cecilia Olivet | On 10 Aug 2016

Make in India – Scheme For Transforming India

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

by | On 10 Aug 2016

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

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

by Jarilkasin Ilyasov | On 08 Aug 2016

Migration and Child Labour: Exploring Child Migrant Vulnerabilities and those of Children Left-Behind

The working paper attempts to describe the correlation between migration and child labour by reviewing secondary data of migrant children with or without their families, and children left-behind by th...

by | On 04 Aug 2016

Informality in South Asia: A Review

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

by | On 29 Jul 2016

The Global Crisis and the Impact on Remittances to Developing Asia

Remittances to Asia plunged during the 1997 Asian financial crisis, but the drop was temporary as the flows were increasing once again after just 1 year. The current crisis, however, is fundamentally...

by | On 29 Jul 2016

Fire-Sale Externalities

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

by Eduardo Dávila | On 29 Jul 2016

Operational Guidelines: Pradhan Mantri Fasal Bima Yojana

Pradhan Mantri Fasal Bima Yojana (PMFBY) aims at supporting sustainable production in agriculture sector by way of providing financial support to farmers suffering crop loss/damage arising out of unf...

by Ministry of Agriculture GOI | On 28 Jul 2016

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

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

by | On 27 Jul 2016

South-South Migration and Remittances

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

by | On 27 Jul 2016

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

New Evidence on Trust and Well-Being

This paper reports existing and fresh evidence on some of the direct and indirect linkages between trust and subjective well-being. This paper first uses data from three large international surveys –...

by John Helliwell | On 26 Jul 2016

Female Migrants: Bridging the Gaps Throughout the Life Cycle

Female migrants face different challenges and opportunities than men as they integrate into their host communities and become development agents for both their countries of destination and origin. And...

by | On 25 Jul 2016

New Perspective on Youth Migration: Motives and Family Investment Patterns

Migration research commonly assumes that youth migrate as dependent family members or are motivated by current labor opportunities and immediate financial returns. These perspectives ignore how migrat...

by | On 25 Jul 2016

The Financial Literacy of Indians

While a lot of experimentation has been done in the realm of financial literacy, it is difficult to point to one standardised method or approach that works best in all scenarios with all kinds of targ...

by | On 20 Jul 2016

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

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

by Zhao Chen | On 19 Jul 2016

Vulnerability to Poverty: Tajikistan During and After the Global Financial Crisis

The paper examines vulnerability to poverty in Tajikistan during the global financial crisis, focusing on the roles played by international migration and remittances, using a formal, practical, and ea...

by Ira N. Gang | On 19 Jul 2016

A Study on Financial Literacy and its Determinants among Gen Y Employees in Coimbatore City

Financial literacy is the mix of one’s knowledge, skill and attitude towards financial matters. It helps to make informed decisions and well-being of an individual. Research has been conducted globall...

by | On 18 Jul 2016

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

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

by Naila Kabeer | On 13 Jul 2016

Keeping the South China Sea in Perspective

The South China Sea disputes involve the interests of the United States, particularly with regard to freedom of navigation, international norms and law, relations with important partners and allies, a...

by | On 13 Jul 2016

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

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

by Shyam Sundar | On 11 Jul 2016

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

This paper examines the changes in regulation in four G7 countries post the financial sector breakdown of 2008 and suggestions made by the Financial Stability Board with respect to e.g. capital adequa...

by Jaimini Bhagwati | On 07 Jul 2016

Improving Taxation Environment: Attracting Foreign Direct Investment

This paper broadly deals with the concerns of the multinationals in the area of taxation environment. Section two of this paper deals with the genesis of the recent crisis in this area and issues invo...

by R Singh | On 07 Jul 2016

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

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

by Ministry of Water Resources GOI | On 04 Jul 2016

The “Engine of Economic Growth”: An Overview of Private Investment Policies, Trends, and Projects in Cambodia

This paper aims to present an overview and analysis of the current investment landscape in Cambodia, as well as its impacts on people and the environment. It is hoped that the information ...

by Mark Grimsditch | On 01 Jul 2016

Factors Determining Inbound and Outbound M&A in an Industry in India

This paper is an attempt to look at the industry level factors that determine the inward and outward FDI in an industry. The findings of the paper suggest that capital intensity of the industry has a...

by Chitra Singla | On 30 Jun 2016

Evidence on Policies to Increase the Development Impacts of International Migration

International migration offers individuals and their families the potential to experience immediate and large gains in their incomes, and offers a large number of other positive benefits to the sendin...

by | On 28 Jun 2016

Capabilities and Skills

This paper discusses the relevance of recent research on the economics of human development to the work of the Human Development and Capability Association. The recent economics of human development b...

by James J. Heckman | On 28 Jun 2016

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

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

by Sumon Kumar Bhaumik | On 27 Jun 2016

Malnutrition: Unanswered Questions from Attapadi

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

by Child Rights and You CRY | On 27 Jun 2016

Challenges in Implementing the Right to Education: The Karnataka Case

This paper analyses some of the major financial and governance challenges for attaining universal elementary education following RTE norms. The focus is on Karnataka. The analysis of financ...

by | On 22 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

Labor Migration, Skills & Student Mobility in Asia

Labor migration from and within Asia is a key and growing component of international migration flows, and the joint roundtable by the Asian Development Bank Institute (ADBI), the International Labour...

by OECD Development Centre’s Social Cohesion Uni Social Cohesion Unit | On 21 Jun 2016

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

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

by | On 17 Jun 2016

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

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

by Daniel LaFave | On 17 Jun 2016

Informal Labour Markets in Pakistan

This paper describes the results of a survey of informal-sector firms in Pakistan. Firms belong to the informal sector mainly because of scarce financial resources. There are significant differences...

by M. Ali Choudhary | On 16 Jun 2016

Migrant Workers and the Welfare State

There is wide concern that migration flows may undermine the financial viability of generous welfare arrangements. The discussion focuses on welfare arrangements as attractors of migrants, suggesting...

by | On 14 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

Defending the Commons, Territories and the Right to Food and Water

Almost a billion people around the world are now suffering from hunger and malnutrition - a dramatic rise in number since the soaring food prices over the last three years. Of these, about half ar...

by Focus on the Global South FGS | On 10 Jun 2016

Role of Finance with a Special Focus on Microfinance in Enhancing Clean Energy Access

A number of initiatives have been taken by the government as well as the private sector to address the challenge of energy access in India. In this context, WWF-India conducted a study to measure/asse...

by | On 09 Jun 2016

Inter-Regional Comparisons of Humanitarian Action

Throughout the conference it became clear that there are two emerging trends in humanitarian action across the Asia–Pacific. The first is the increasing activity of selected Asia-Pacific states engage...

by | On 09 Jun 2016

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

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

by Anjani Kumar | On 07 Jun 2016

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

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

by Aziz Elbehri | On 06 Jun 2016

Education Through the Lens of Sustainable Human Development

If human development is defined as a comprehensive economic, social, cultural and political process aiming to improve the well-being of populations and individuals, then the one element that can serve...

by Gianna Alessandra Sanchez Moretti | On 06 Jun 2016

Global Commodity Prices and Inflation in a Small Open Economy

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

by Muhammad Nadim Hanif | On 06 Jun 2016

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

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

by Gorky Chakraborty | On 06 Jun 2016

Righting the Wrong Strengthening Local Humanitarian Leadership to Save Lives and Strengthen Communities

The international humanitarian system—the vast UN-led network in which Oxfam and other international nongovernmental organizations (INGOs), the Red Cross/Red Crescent Movement, and others play key rol...

by Oxfam India | On 02 Jun 2016

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

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

by Daniel LaFave | On 31 May 2016

Women and Conflict in Afghanistan

This report assesses the status of women in present-day Afghanistan, including the gains achieved with international support after the U.S.-led intervention in 2001. It examines gaps and challenges to...

by International Crisis Group | On 26 May 2016

Political Conflict, Extremism and Criminal Justice in Bangladesh

Political repression is reaching new highs in Bangladesh. The government’s abuse of rule of law institutions for political ends has created an atmosphere of injustice that is increasingly exploited by...

by International Crisis Group | On 26 May 2016

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

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

by Tanoubi Ngangom | On 26 May 2016

Alternative Dispute Resolution Act of Bhutan, 2013

This Act shall apply to Domestic arbitration and international commercial arbitration and negotiated settlements conducted within the Kingdom of Bhutan; Recognition and enforcement of arbitral awards...

by National Assembly of Bhutan | On 25 May 2016

Stop Stunting in South Asia: A Common Narrative on Maternal and Child Nutrition

Governments in South Asia are progressively acknowledging that child stunting is both a marker and a maker of poor development. UNICEF regional and country offices in South Asia work with regional bo...

by United Nations Children's Fund UNICEF | On 24 May 2016

Kerala: Analysis of Asset Comparison of Re-contesting MLAs in Kerala Assembly Elections, 2016

This report provides an analysis of the assets of the re contesting candidates in the Kerala Assembly Elections

by Association for Democratic Reforms ADR | On 19 May 2016

National Intellectual Property Rights (IPR) Policy

Creativity and innovation have been a constant in growth and development of any knowledge economy. There is an abundance of creative and innovative energies flowing in India. India has a TRIPS compl...

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

Kerala: Analysis of Criminal Background, Financial, Education, Gender and other details of Candidates

This report provides an analysis of the the financial, criminal and other backgrounds of the candidates contesting in the Kerala Assembly Elections.

by Association for Democratic Reforms ADR | On 19 May 2016

Message by Ban Ki Moon on International Biological Diversity Day

This document is a message by the Secretary General of United Nations, Ban Ki Moon, on the International Day on Biological Diversity.

by Ban Moon | On 18 May 2016

Where All the Water Has Gone? An Analysis of Unreliable Water Supply in Bangalore City

The demand for urban water supply service is increasing rapidly as globalisation accelerates economic development and brings improvements in living standards in India with the interactive effects of...

by | On 12 May 2016

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

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

by | On 11 May 2016

Well-being, Happiness, and Public Policy

As a background paper to the International Expert Working Group on a New Development Paradigm, this document seeks to synthesise for busy readers how the IEWG might explain and defend well-being and h...

by | On 11 May 2016

Time is Running Out: Does Mumbai have Enough Water?

Mumbai has the potential to become one of the world’s ideal cities in terms of sustainable water management. With abundant natural and perennial water sources around it, the megacity is currently one...

by Dhaval D Desai | On 10 May 2016

India Policy Forum 2014 - 2015

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

by Shekhar Shah | On 09 May 2016

The Federation Model of Community Organising

In the past two decades through a process called “Enumeration” through which the members collect at city level data about slums, Slum Dwellers International have created a mechanism which serves to cr...

by Sheela Patel | On 06 May 2016

Issues in India's External Sector

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

by C. Rangarajan | On 06 May 2016

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

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

by Marcel Fafchamps | On 06 May 2016

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

The paper examines the impact of the initiative taken by an NGO -SelfEmployed Women’s Association (SEWA)-in Ahmedabad, a city in western India to impart knowledge about sexual and reproductive healt...

by Leela Visaria | On 05 May 2016

Margin Requirements for Non-Centrally Cleared Derivatives

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

by Reserve Bank of India RBI | On 03 May 2016

Financial Stability: Underlining Context

The paper argues that context is important in discussions of financial stability. It explores weaknesses in domestic and international reforms and ways of overcoming them, based on mitigating the fund...

by Ashima Goyal | On 02 May 2016

Foreign Exchange Markets, Intervention and Exchange Rate Regimes

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

by Ashima Goyal | On 02 May 2016

Analyzing the Impact of Global Financial Crisis on the Interconnectedness of Asian Stock Markets using Network Science

This study shows how 13 important stock markets in Asia namely, India, Bangladesh, Philippines, China, Japan, Indonesia, Malaysia, Singapore, Hong Kong, Pakistan, South Korea and Thailand...

by | On 02 May 2016

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

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

by Mahinda Wijesiri | On 02 May 2016

Assam: Analysis of Criminal Background, Financial, Education, Gender and Other Details of Candidates

This report provides information about the financial, criminal and other backgrounds about the candidates contesting in phase 1 of the Assam Assembly Elections.

by Association for Democratic Reforms ADR | On 28 Apr 2016

The Patents Act, 1970

The Indian Patents Act, 1970 provides patent protection in India. The same is in accordance with the provisions of the TRIPS Agreement. The recent conferment of “product patent” along with the “proces...

by Ministry of Commerce and Industry GOI | On 27 Apr 2016

Study on Copyright Piracy in India

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

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

Employment and Earnings in Rural India: 2004-2012

This paper analyzes the changes in employment and earnings of paid workers in rural India from 2004/05 to 2011/12. While the employment rate of adults remained stable at 51 percent during this perio...

by Shantanu Khanna | On 04 Apr 2016

Hong Kong Budget Speech 2016

Speech by the Financial Secretary.

by Hon John C Tsang | On 28 Mar 2016

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

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

by K.C. Zachariah | On 28 Mar 2016

Budget 2016-17 & The Indian Economy

A brief summary by Niti Aayog about the pre and post 2016-17 Indian Budget Analysis.

by Arvind Panagariya | On 28 Mar 2016

Bharat Mata ki jal

The total quantum of water supply has barely improved since Independence, while demand has exploded.

by T.N. Ninan | On 27 Mar 2016

Migration Remittances and Employment: Short-term Trends and Long-term Implications

This Working Paper gives the results of the 2007 round of the Migration Monitoring Studies (MMS) being conducted periodically by the Centre for Development Studies. It covers three areas: migration, r...

by | On 21 Mar 2016

A Case for China’s Security Role in South Asia

The paper focuses on the constructive role that China can play in enhancing security in South Asia. The potential contribution that China can make to enhancing non-traditional security in the region i...

by Ramandeep Kaur | On 21 Mar 2016

Outcome and Impact Level Outcome and Impact Level Indicators Indicators Agriculture and Agriculture and Rural Development

This working paper outlines a set of indicators at the outcome and impact level for the agriculture and rural development sector. It does not focus on implementation (e.g. output level indicators such...

by European union | On 20 Mar 2016

Rural Diversification: What Hope for the Poor?

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

by Daniel Start | On 20 Mar 2016

Problems and Possible Solutions For Better Traffic Management: A Case Study of Vadodara-Ahmedabad Section of National Highway Eight

Efficient traffic management on the National Highways (NHs) is very essential in the country. The present NH system that evolved over the years has a number of deficiencies. The basic objective of the...

by Haribandhu Panda | On 20 Mar 2016

Corporate Governance, Competition and Firm Performance: Evidence from India

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

by Manoj Pant | On 15 Mar 2016

Capital Flows and the Impossible Trinity: The Indian Experience

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

by Abhijit Sen Gupta | On 15 Mar 2016

Financial Soundness Indicators for Financial Sector Stability in Vietnam

This report is the outcome of the regional technical assistance on Strengthening Institutional Capacity to Compile and Analyze Financial Soundness Indicators for Investment Climate Assessment (RETA 77...

by Asian Development Bank Institute | On 15 Mar 2016

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

The 1997 Asian financial crisis and the 2008 global financial and economic crisis further demonstrated the importance of financial stability. Both crises showed how balance sheets of financial institu...

by Asian Development Bank Institute | On 15 Mar 2016

Improving Energy Efficiency and Reducing Emissions Through Intelligent railway Station Buildings

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

by Asian Development Bank Institute | On 15 Mar 2016

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

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

by Asian Development Bank Institute | On 15 Mar 2016

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

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

by | On 15 Mar 2016

Financial Soundness Indicators for Financial Sector Stability in Bangladesh

This report describes the development of financial soundness indicators for Bangladesh and analyzes how these can help identify key challenges to support financial sector stability in the country.

by Asian Development Bank Institute | On 15 Mar 2016

Women at Work Trends 2016

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

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

The South China Sea: Resetting the Chessboard

The U.S.’ re-engagement in the Asia-Pacific marks a significant recalibration of its foreign policy and a turning point in the power politics of the region. The impetus for this re-engagement is borne...

by | On 14 Mar 2016

The Poverty Paradox – And How to Address It

Poverty alleviation is the cornerstone and mission of the development community. Yet perhaps the community’s focus on low-income countries (LICs) has skewed a healthy and accurate evaluation of the ef...

by | On 14 Mar 2016

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

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

by | On 14 Mar 2016

Porous Borders The Study of Illegal Markets from a Sociological Perspective

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

by Matías Dewey | On 14 Mar 2016

Illegal Markets Boundaries and Interfaces between Legality and Illegality

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

by Renate Mayntz | On 14 Mar 2016

Global Spillovers and Monetary Policy Transmission in India

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

by Michael Debabrata Patra | On 14 Mar 2016

Towards Rules of the Monetary Game

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

by Raghuram G. Rajan | On 14 Mar 2016

US-WTO Shadow on India’s Solar Power Plans

With last week’s WTO ruling against India on a complaint by the US in early 2013 that India’s Domestic Content Requirement (DCR) for some solar power projects violating WTO prohibitions, it is incumbe...

by D Raghunandan | On 14 Mar 2016

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

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

by Sreejata Banerjee | On 13 Mar 2016

Deep Seabed Minerals: A New Frontier in the Pacific Region

Minerals, such as rare earth metals, are increasingly becoming an important commodity in a resource-constrained world economy. As a result new frontiers both onshore and offshore, to the depths of the...

by | On 12 Mar 2016

Pakistan's Nuclear Security: Separating Fact from Fear

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

by | On 12 Mar 2016

Japan and Illicit Drugs: A Neglected Success Story

While having witnessed three so-called epidemics in its postwar history, the prevalence of drug abuse in Japan is in fact remarkably low compared to most other countries and constitutes a relatively u...

by | On 12 Mar 2016

China-Vietnam Drilling Rig Incident: Reflections and Implications

After a period of stability between China and Vietnam in the South China Sea with positive developments in terms of dispute management, China’s dispatch of a drilling rig to areas west of the Paracel...

by | On 11 Mar 2016

The Limits of Russia's "Pivot to Asia"

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

by | On 11 Mar 2016

Health Shocks and Coping Strategies: State Health Insurance Scheme of Andhra Pradesh, India

The objectives of the study are three-fold: to investigate who are vulnerable to welfare loss from health shocks, what are the household responses to cope with the economic burden of health shocks and...

by Sowmya Dhanaraj | On 11 Mar 2016

Mergers and Acquisitions in the Indian Pharmaceutical Sector

Mergers and acquisitions (M and A) are common strategies of firms to increase its performance. Although, the motives of M and A are different however, the determinants are discreet. This study tries t...

by Nikita Agarwal | On 11 Mar 2016

After the Deal: The EU and Iran’s Energy Promise

The EU has played an instrumental role in negotiating the interim agreement on Iran’s nuclear program. OzanSerdaroglu argues that while the prospective lifting of sanctions under a final deal brings w...

by | On 10 Mar 2016

After North Korea’s Nuclear Test: The Dilemma of Response

North Korea’s recent nuclear test and satellite launch throw into sharp relief the dilemma of how the international community should respond to Pyongyang’s nuclear ambitions. While immediate reaction...

by | On 10 Mar 2016

Is Financial Inclusion Cause or Outcome? A State-Wise Assessment in India

Financial inclusion is considered as cause as well as outcome of inclusive growth. This study tries to construct a comprehensive measure of financial inclusion and evaluate the extent of financial inc...

by Shrabani Mukherjee | On 10 Mar 2016

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

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

by Kenn Chua | On 10 Mar 2016

Skills and Politics: General and Specific

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

by | On 09 Mar 2016

In the Shadow: Illegal Markets and Economic Sociology

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

by | On 09 Mar 2016

Regulating International Finance and the Evolving Imbalance of Capitalisms since the 1970s

In this paper, the ongoing G20 process of improving the regulation of international finance is put into a historically informed perspective. To understand the driving forces behind and obstacles to in...

by | On 09 Mar 2016

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

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

by Benjamin R. Handel | On 09 Mar 2016

International Technology Transfer and Domestic Innovation: Evidence from the High-Speed Rail Sector in China

How does the transfer of advanced technology spur innovation in developing countries? This paper exploits the large-scale introduction of high-speed railway (HSR) technology into China in 2004 as a na...

by Yatang Lin | On 09 Mar 2016

The Evolution of Gender Gaps in Industrialized Countries

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

by Claudia Olivetti | On 09 Mar 2016

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

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

by Praveena Kodoth | On 09 Mar 2016

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

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

by | On 08 Mar 2016

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

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

by | On 08 Mar 2016

Transnational Economic Order and National Economic Institutions Comparative Capitalism Meets International Political Economy

Even after two decades of research on globalization, we still face open questions about the interplay between national capitalist institutions and transnational economic governance. How does embeddedn...

by | On 08 Mar 2016

Questioning Three Fundamental Assumptions in Financial Inclusion

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

by Philip Mader | On 08 Mar 2016

Mitigating the Financial Crisis in Asia

While there had been agreements that the current global financial crisis which originated from the United States (US) would not be akin to the Asian Financial Crisis back in 1997- 1998, the resultant...

by S. Rajaratnam International Studies | On 06 Mar 2016

Labour migrants: diminished demand, diminished rights?

The economic crisis has had heavy exposure in international news, but its range of victims has extended beyond the subprime debtors and financial analysts of the developed world. Ignored by most devel...

by S. Rajaratnam International Studies | On 06 Mar 2016

The Nuclear Gravy Train: An Update on Southeast Asia

Notwithstanding the global financial crisis, energy security remains one of the top priorities for the Association of Southeast Asian Nations (ASEAN). The need to reduce reliance on fossil fuels in th...

by S. Rajaratnam International Studies | On 05 Mar 2016

Putting Food on the International Table

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

by S. Rajaratnam International Studies | On 05 Mar 2016

UN Climate Summit in New York

With less than 11 weeks to the UNFCCC meeting in Copenhagen, the United Nations Climate Summit was held on 22 September 2009, in a bid to rally international support and action against climate change....

by S. Rajaratnam International Studies | On 05 Mar 2016

Security in Cyberspace: The Return of the State

The recent cyber attacks on South Korea and the United States, as well as those on Georgia in 2008 and Estonia in 2007 have awakened a certain consciousness in the minds of the international community...

by S. Rajaratnam International Studies | On 05 Mar 2016

Disaster Preparedness in Southeast Asia

In the final quarter of 2009, Southeast Asia witnessed a number of disaster that affected sevevral countries in the region, attesting to the levels of national preparedness in dealing with disasters....

by S. Rajaratnam International Studies | On 05 Mar 2016

Legislative Efforts, Institutional Challenges And Neglected Concerns On Women’s And Children’s Rights In Indonesia And The Philippines

This Alert is the second in a series investigating the situation of women’s and children’s protection concerns in ASEAN. It aims to examine the domestic efforts that Indonesia and the Philippines have...

by S. Rajaratnam International Studies | On 05 Mar 2016

Asia Flooded with Disasters

The past month has witnessed several major environmental disasters in Asia. Of particular significance are the Pakistan floods, which have engulfed a fifth of Pakistan’s total land area and affected 2...

by S. Rajaratnam International Studies | On 04 Mar 2016

An Agenda for Peace: Curbing the Proliferation of Small Arms and Light Weapons

Although weapons of mass destruction (WMDs) are considered to pose the gravest threat to international peace and security, in practice, small arms and light weapons (SALWs) kill more people than WMDs....

by Pau Hangzo | On 04 Mar 2016

Transparency International Releases Its Corruption Perceptions Index 2010

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

by S. Rajaratnam International Studies | On 03 Mar 2016

Cancún and Climate Security: New Approaches, Mixed Results

As with previous annual meetings of the United Nations Framework Convention on Climate Change (UNFCCC), outcomes of the recently concluded 16th Conference of the Parties (COP16) have implications for...

by J. Ewing | On 03 Mar 2016

The Implications of the US Anti-human Trafficking Strategy for National Policies: The Case of Malaysia

This NTS Alert discusses the protection gaps in national anti-human trafficking policies perpetuated by the dominant influence of the US Trafficking in Persons (TIP) Reports. Using Malaysia as a case...

by Manpavan Kaur | On 02 Mar 2016

Examining ASEAN Capacity in the Context of the Thai- ¬Cambodian Border Dispute

Amidst heightened expectations regarding ASEAN’s contribution to international order, particularly in the context of a trend towards multilevel security governance, ASEAN is attempting to transform it...

by Holly Haywood | On 02 Mar 2016

Report on "Strategy of Coalition for Food and Nutrition Security"

The Coalition serves as a platform for the members to collaborate and achieve a common vision: "To achieve sustainable food and nutrition security for all" The Coalition aims to raise awareness, foste...

by Coalition for Food & Nutrition Security India | On 02 Mar 2016

Enhancing GCC¬ASEAN Relations via Non- ¬traditional Security

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

by S. Rajaratnam International Studies | On 01 Mar 2016

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

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

by J. Ewing | On 01 Mar 2016

Liberalization, Globalization And The Dynamics Of Democracy In India

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

by D M NACHANE | On 01 Mar 2016

Ontological Security and India-China Relations: From Border War to “News War”

This paper joins the growing scholarship on the ontological security needs of states in international relations (IR) literature and explores its relevance to India-China relations. Ontological securit...

by | On 01 Mar 2016

An Assessment of the International Legal Obligations Owed to the Rohingya Refugees

This paper considers the issue of migration of the Rohingyas from the lens of international law. It evaluates the responses of the countries that have been the destination of these migration flows – n...

by Ramandeep Kaur | On 01 Mar 2016

Access to Finance: A Functional Approach to Supply and Demand

This paper provides a comprehensive description of the financial environment for households and small businesses in a defined geographical region. It develops a new, functional approach to financial a...

by Greg Fischer | On 29 Feb 2016

Railroads of the Raj: Estimating the Impact of Transportation Infrastructure

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

by Dave Donaldson | On 29 Feb 2016

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

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

by Toshiyuki Shimada | On 29 Feb 2016

Keeping Land Local: Reclaiming Governance from the Market

Land struggles in countries like Cambodia, Myanmar, Philippines

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

Impact of the ASEAN Economic Community on ASEAN Production Networks

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

by Kornkarun Cheewatrakoolpong | On 29 Feb 2016

Joining Pre-existing International Production Networks: Implications for India’s Economic Integration to East Asia

This study provides a conceptual framework to explain what kinds of difficulties a late-follower will suffer from when it tries to join pre-existing International Production Networks (IPNs). We consid...

by Jeongmeen Suh | On 29 Feb 2016

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

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

by K.C. Fung | On 29 Feb 2016

Analysis of Catastrophic Health Financing by Key Institutions

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

by | On 29 Feb 2016

The New Economic Case for Migration Restrictions: An Assessment

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

by Michael Clemens | On 27 Feb 2016

Is 2015 the new Copenhagen? How the UNFCCC process risks falling into faulty patterns

Reactions to December’s UN climate change talks in Doha have been defined largely by frustration with the pace, scope and ambition of the process. Exasperated and often derisive voices lament the va...

by Gianna Gayle Amul | On 27 Feb 2016

Post¬Arab Spring: Political transitions in retreat?

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

by Mely Caballero-Anthony | On 27 Feb 2016

Human Security 20 Years On: The evolution of human security

The latter part of the 21st century witnessed a shift in the understanding of international security. As tensions between countries eased with the end of the Cold War, new and significant security c...

by S. Rajaratnam International Studies | On 27 Feb 2016

20 Years of Human Security: A Special Focus on Community Security

This year is the 20th anniversary of the release of the 1994 United Nations Development Programme’s (UNDP) Human Development Report, which defined the concept of human security and brought it to int...

by S. Rajaratnam International Studies | On 27 Feb 2016

2015: A Year for Reflection

2015 is a critical year for global and regional institutions, and for the international community as a whole, as it represents a milestone in the big push for achieving global goals of peace, human se...

by S. Rajaratnam International Studies | On 27 Feb 2016

Progress of 10 Years Implementation of Hyogo Framework for Action for Disaster Risk Reduction in ASEAN

2015 marks the end of the United Nations International Strategy for Disaster Reduction (UNISDR) 10-year Hyogo Framework for Action (HFA), an international disaster risk reduction plan that aimed to en...

by S. Rajaratnam International Studies | On 27 Feb 2016

Networks of Experts and Non-Traditional Security in Asia

From the ‘migrant crisis’ to transboundary haze pollution and the Avian Influenza virus, Asian countries continue to face multiple new security threats which require international cooperation. These n...

by S. Rajaratnam International Studies | On 27 Feb 2016

Basel Banking Norms – A Primer

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

by Akshay Uday Shenoy | On 27 Feb 2016

Rising Milk Price – A Cause for Concern on Food Security

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

by S. Rajeshwaran | On 27 Feb 2016

Financing of Urban Local Bodies in India

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

by Charan Singh | On 27 Feb 2016

Money, Output and Prices in India

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

by Charan Singh | On 27 Feb 2016

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

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

by Rohit Gupta | On 27 Feb 2016

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

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

by | On 26 Feb 2016

Rohingya Muslims:Myanmar’s Forgotten People

The stateless Rohingya Muslims of Myanmar have been discriminated and excluded by consecutive governments since the 1960s, causing an exodus to Bangladesh, Pakistan, Thailand, Malaysia and other count...

by | On 26 Feb 2016

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

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

by Mely Caballero-Anthony | On 26 Feb 2016

The Myanmar Nargis Aftermath: A Disaster in Governance

Cyclone Nargis in Myanmar, which made headline news across the globe, triggered denunciations of the military regime in delaying the international humanitarian relief efforts. The cyclone-struck count...

by | On 26 Feb 2016

Workshop Report on “Energy and Non-Traditional Security”

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

by | On 26 Feb 2016

Governance and Institutions: The role of multilevel fiscal institutions in generating sustainable and inclusive growth

Differences in political ideology might lead to different views about the role of the state in the provision of public services across countries, or even in the same country over time.2 At the same ti...

by Ehtisham Ahmad | On 26 Feb 2016

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

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

by Ehtisham Ahmad | On 26 Feb 2016

Social Innovation: A Guide to Achieving Corporate and Societal Value

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

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

Tourism Satellite Account for India

This study marks the culmination of a long process, first initiated in 2000 when the Ministry of Tourism Commissioned National Council of Applied Economic Research (NCAER) to undertake a feasibility s...

by Dr. Rajesh Shukla | On 25 Feb 2016

ICC’s Verdict on Darfur: Whose Responsibility?

The International Criminal Court’s unprecedented ruling to arrest the Sudanese president for crimes against humanity is a step further in advancing the doctrine of the Responsibility to Protect (R2P)....

by | On 25 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

Health and Human Security: From Establishment to Operationalisation

The international community is now faced with an influenza pandemic and the rhetoric of global health security has become more urgent. Whilst our preparedness for such an emerging infectious disease i...

by | On 25 Feb 2016

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

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

by Roehlano M. Briones | On 25 Feb 2016

Indian Railway Budget Speech 2016-17

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

by Suresh Prabhakar Prabhu | On 25 Feb 2016

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

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

by Sherzod Shadikhodjaev | On 25 Feb 2016

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

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

by S. M. Hussain | On 25 Feb 2016

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

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

by Sachin Chaturvedi | On 25 Feb 2016

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

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

by Abid Burki | On 24 Feb 2016

Bangladesh Apparels Export to the US Market: An Examination of Her Competitiveness vis-à-vis China

The Centre for Policy Dialogue (CPD), established in 1993, is a civil society initiative to promote an ongoing dialogue between the principal partners in the decision-making and implementing process....

by Mustafizur Rahman | On 24 Feb 2016

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

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

by Ramgopal Agarwala | On 24 Feb 2016

Recent Trends in China’s Trade

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

by Alice Wang | On 24 Feb 2016

Lifting the Lid Off Xinjiang’s Insecurities

The recent riots and attacks in China’s western province of Xinjiang have brought to the forefront the long simmering tensions between the Han Chinese and Uyghur communities. What have often been capt...

by | On 24 Feb 2016

Human Security: A Response to the Climate Security Debates

Debates about climate change as a threat to international peace have focused on conflict, civil unrest, and the consequences for states. Human security offers an alternative, people-centred approach t...

by Lorraine Elliot | On 24 Feb 2016

Report on “Regional Consultation on the Responsibility to Protect

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

by S. Rajaratnam International Studies | On 24 Feb 2016

Oiling the Wheels of Foreign Policy? Energy Security and China’s International Relations

This paper offers a review of a broad set of issues that are recurrent in international discussions about interconnectedness of energy and security in China’s international relations. The primary purp...

by Zha Daojiong | On 24 Feb 2016

Human Securitising’ the Climate Security Debate

Efforts to understand the connection between climate change and national, regional and international security have fuelled something of a climate security industry, evidenced in a range of reports fro...

by Lorraine Elliot | On 24 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

Operationalising Regimes and Recognising Actors: Responding to Crises in Southeast Asia

Southeast Asia as a region has a unique history, and the evolving relationships between its communities, states, regional organisations and the international community reflect this. Given this context...

by Alistair Cook | On 24 Feb 2016

Scaling Up Carbon Finance in India

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

by World Bank | On 24 Feb 2016

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

Enhancing Energy Security, Underpinning Development: The Future of Nuclear Energy in ASEAN

If ASEAN intends to meaningfully enhance its energy security, take greater steps to protect itself from instabilities in the international energy market, and effectively underpin its continued develop...

by | On 23 Feb 2016

Ensuring Urban Food Security in ASEAN

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

by | On 23 Feb 2016

Financial Institutions and Structures for Growth in East Asia

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

by Jenny Corbett | On 23 Feb 2016

Pakistan’s Floods: How Not to be Caught Off Guard

The Pakistani government and the international community’s response to the recent floods has been heavily criticised for being woefully inadequate. While a national disaster management framework is in...

by | On 23 Feb 2016

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

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

by Prakash Nelliyat | On 23 Feb 2016

Aquino’s Challenge: Energy Security in the Philippines

The next President of the Philippines faces many challenges to his incoming administration. A crucial one is ensuring the country’s energy security. Addressing this will strengthen the Philippine econ...

by | On 23 Feb 2016

Indian Innovation Systems and Emergence of Biopharmaceutical Sector: Issues and Prospects

The prospective entry of generic dominated Indian pharmaceutical sector in the ambit of new technologies is likely to give filip to emergence of strong biopharmaceutical sector.It is pertinent in this...

by Sachin Chaturvedi | On 23 Feb 2016

Policy Reforms and Institutional Weaknesses: Closing the Gap

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

by Eduardo Gonzalez | On 23 Feb 2016

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

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

by Kanit Sangsubhan | On 23 Feb 2016

Civil Society from the BRICS: Emerging Roles in the New International Development Landscape

There is a burgeoning literature on the (re)emergence of the BRICS countries – Brazil, Russia, India, China and South Africa – as significant actors in international development. To date, however, mos...

by Adele Poskitt | On 23 Feb 2016

“Mercenaries” in Libya: Impact of Legal Impunity

Gaddafi’s engagement of “mercenaries” to fight in his domestic civil war is problematic. The current hostilities between Libyan protesters and migrant Sub Saharan Africans manifest the weak internatio...

by | On 22 Feb 2016

Dissecting the China Puzzle: Asymmetric Liberalization and Cost Distortion

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

by Huang Yiping | On 22 Feb 2016

International Monetary Reform: A Critical Appraisal of Some Proposals

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

by Yung Chul Park | On 22 Feb 2016

Agriculture and Food Security in Asia by 2030

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

by Kym Anderson | On 22 Feb 2016

Central Banking for Financial Stability in Asia

A key lesson of the 2007–2009 global financial crisis (GFC) was the importance of containing systemic financial risk and the need for a “macroprudential” approach to surveillance and regulation that c...

by Masahiro Kawai | On 22 Feb 2016

Asymmetry In Government Bond Returns

Is there asymmetry in the distribution of government bond returns in developed countries? Can asymmetries be predicted using financial and macroeconomic variables? To answer the first question, we pro...

by Ippei Fuijwara | On 21 Feb 2016

Deepening Association of Southeast Asian Nations’ Financial Markets

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

by Choong Lee | On 21 Feb 2016

Are Returns To Private Infrastructure In Developing Countries Consistent With Risks Since The Asian Crisis?

This paper presents a basic assessment of the financial performance of infrastructure service operators in developing countries. It relies on a new database of 120 companies put together to track the...

by Maria Pinglo | On 21 Feb 2016

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

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

by Xavier Giné | On 21 Feb 2016

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

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

by Tarisa Watanagase | On 21 Feb 2016

The People’s Republic of China and Global Imbalances from a View of Sectorial Reforms

This paper examines the impact of sectorial reforms on current account imbalances, with a special focus on the People’s Republic of China (PRC). In particular, we investigate to what extent reforms pe...

by Hiro Ito | On 21 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

Creating an Association of Southeast Asian Nations Payment System: Policy and Regulatory Issues

The Association of Southeast Asian Nations (ASEAN) is expected to benefit from the significant growth in the Asia-Pacific payments market. Growth in economic activity would increase the size, scale, a...

by Tanai Khiaonarong | On 21 Feb 2016

Asian Monetary Integration: A Japanese Perspective

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

by Masahiro Kawai | On 21 Feb 2016

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

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

by Yoshikazu Kobayashi | On 21 Feb 2016

Price of Daily Essentials: A Diagnostic Study of Recent Trends

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

by Centre for Policy Dialogue CPD | On 21 Feb 2016

A Lesson In Market Contestability: Calculating The Cost Of Chinese State Intervention In Iron Ore Price Negotiations

This article analyses the motivation and impact of the 2009 intervention of the China Iron and Steel Association (CISA) in benchmark price negotiations. The impact of the transition from benchmark pri...

by Luke Hurst | On 21 Feb 2016

A Position Paper on World Rice Futures

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

by | On 20 Feb 2016

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

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

by Sally Trethewie | On 20 Feb 2016

Syria & Responsibility to Protect: Time for a Middle Ground

As the crisis in Syria edges towards civil war, the international community is locked in a stalemate over whether and how to intervene to stop the carnage. There is an urgent need for a middle ground...

by | On 20 Feb 2016

Climate Change, Migration and Human Security in Southeast Asia

The proposition that migration as a result of climate change has consequences for regional and global security has become prominent in public discourse over the last few years. Yet much of that debate...

by | On 19 Feb 2016

Managing Cross-border Movements of People in Southeast Asia: Promoting Capacity and Response for Irregular Migration in Southeast Asia

This NTS Issues Brief outlines themes highlighted at the roundtable workshop on Managing Cross-Border Movements of People in Southeast Asia: Promoting Capacity and Response for Irregular Migration hel...

by S. Rajaratnam International Studies | On 19 Feb 2016

Disasters in Southeast Asia’s Megacities: Protecting the Informal Sector

In the megacities of developing Southeast Asia, the important role of the informal sector in supporting economic development is often under-recognised. Cities seeking to address the economic risks and...

by | On 19 Feb 2016

The ASEAN Plus Three Emergency Rice Reserve (APTERR): Cooperation, commitment and contradictions

This NTS Working Paper examines the prospects for the ASEAN Plus Three Emergency Rice Reserve (APTERR) launched in July 2012. It looks at whether the APTERR can overcome the limitations of past rice r...

by | On 19 Feb 2016

How Much Do We Know about the Impact of the Economic Downturn on the Employment of Migrants?

The employment shock of late 2008 in the People’s Republic of China (PRC) may have been a product of three different events: (i) the contractionary macroeconomic policies introduced by the government...

by Xin Meng | 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

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

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

by Paul Dorosh | On 18 Feb 2016

Towards an East Asian Financial Community: An Institutionalist Perspective

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

by | On 17 Feb 2016

Smart Content For Smart People : Best Practices of Sri Lankan e-Content and Applications of 2014

This book is a review of 49 white papers which were selected through e-Swabhimani 2014, Best e-Content and Application award of Sri Lanka. White papers are normally used in two main spheres, governm...

by org eldis. | On 17 Feb 2016

Climate Change Impacts and Mitigation in the Developing World

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

by Petr Havlík | On 17 Feb 2016

Trade Liberalisation, Financial Development and Economic Growth

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

by Muhammad Arshad Khan | On 16 Feb 2016

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

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

by | On 16 Feb 2016

Denuclearisation Talks with North Korea: Time for China and Russia to Act?

Recent diplomatic engagements between North Korea and Russia have raised the prospect of resuming denuclearisation talks between Pyongyang and the international community. What is the prospect of Nort...

by | On 16 Feb 2016

International Competitiveness— Where Pakistan Stands?

This paper attempts to assess the position of Pakistan in the International Competitiveness. As a survey paper, the concept, definition and the measurement of competitiveness have been analysed furthe...

by Uzma Zia | On 16 Feb 2016

Delivering Access to Safe Drinking Water and Adequate Sanitation in Pakistan

Water and Sanitation is the neglected sector in Pakistan. Most of the households in Pakistan do not have access to safe drinking water and lack toilets and adequate sanitation systems. These poor peop...

by Faheem Jehangir Khan | On 16 Feb 2016

Exchange Market Pressure and Monetary Policy: Evidence from Pakistan

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

by M. Idrees Khawaja | On 16 Feb 2016

Health Care Services and Government Spending in Pakistan

The study has been carried out to measure the incidence of government spending on health in Pakistan at provincial, both rural and urban level; using the primary data of the Pakistan Social Standard L...

by Muhammad Akram | On 16 Feb 2016

Financial Globalization in Emerging Countries: Diversification vs. Offshoring

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

by Francisco Ceballos | On 16 Feb 2016

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

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

by Michael Plummer | On 16 Feb 2016

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

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

by Yothin Jinjarak | On 16 Feb 2016

Global Implications of the Renminbi’s Ascendance

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

by Eswar Prasad | On 16 Feb 2016

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

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

by ll Houng Lee | On 16 Feb 2016

Financial Stability and Financial Inclusion

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

by Peter J. Morgan | On 16 Feb 2016

Hometown Investment Trust Funds: An Analysis of Credit Risk

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

by Naoyuki Yoshino | On 16 Feb 2016

Myanmar: The Key Link between South Asia and Southeast Asia

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

by Hector Florento | On 16 Feb 2016

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

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

by Lucian Cernat | On 16 Feb 2016

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

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

by Suthiphand Chirathivat | On 16 Feb 2016

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

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

by Georg Inderst | On 16 Feb 2016

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

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

by Sayera Younus | On 15 Feb 2016

Interest Rate Spread in Bangladesh: An Analytical Review

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

by Shamim Ahmed | On 15 Feb 2016

Recent Experiences in the Foreign Exchange and Money Markets

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

by Md. Habibur Rahman | On 15 Feb 2016

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

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

by Md. Kabir Ahmed | On 15 Feb 2016

Measures of Monetary Policy Stance: The Case of Pakistan

In this paper two measures of the monetary policy stance are constructed. The stance of monetary policy, regarded as a quantitative measure of whether the policy is too tight, neutral, or too loose re...

by Farooq Pasha | On 14 Feb 2016

Public Provision of Education and Government Spending in Pakistan

The study has been carried out to measure the incidence of government spending on education in Pakistan at the provincial (both rural and urban) level, using the primary data of the Pakistan Social St...

by Muhammad Akram | On 14 Feb 2016

Fragile States: A Donor-Serving Concept? Issues with Interpretations of Fragile Statehood in Afghanistan

Current conceptions and models of fragile statehood in conflict-affected contexts can serve the purposes of international donor governments over and above reconstruction and statebuilding. First, desp...

by Sultan Barakat | On 14 Feb 2016

A Deadly Triangle: Afghanistan, Pakistan and India

The hostility between India and Pakistan lies at the heart of the current war in Afghanistan. Most observers in the West view the Afghanistan conflict as a battle between the U.S. and the NATO-led Int...

by William Dalrymple | On 14 Feb 2016

Afghanistan After ISAF

Summer 2013 brought one of the most violent fighting seasons in Afghanistan since the US military and state-building effort began in 2001. On the cusp of the momentous 2014 presidential elections and...

by Vanda Felbab-Brown | On 14 Feb 2016

Afghanistan’s Deep Challenges and Transition Opportunities

The continued withdrawal of ISAF forces and the handover of responsibilities to Afghan National Security Forces (ANSF) along with a strong Taliban military push dominated the security realm. The ANSF...

by Vanda Felbab-Brown | On 14 Feb 2016

Strengthening Corporate Governance to Combat Corruption

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

by Transparency International TI | On 13 Feb 2016

Public Policies For Facilitating Medical Tourism Industry In Asia

The paper attempts to analyze the role of public policy adjustments in facilitating the medical tourism sector in Asian countries in response to recent global economic events. While falling incomes ma...

by Vinay Singh | On 13 Feb 2016

Whistleblowing: An Effective Tool in the Fight Against Corruption

Whistleblowing helps to prevent and detect corruption and other malpractice. But reporting can come at a high price and it is essential to have policy and legal measures in place that provide an alter...

by Transparency International TI | On 12 Feb 2016

The Anti-Corruption Catalyst: Realising the MDGs By 2015

The Millennium Development Goals (MDGs) build on previous international development promises and represent an unprecedented, comprehensive framework for combating poverty, reaching universal education...

by Transparency International TI | On 12 Feb 2016

The Global Competitiveness Report 2013–2014

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

by | On 11 Feb 2016

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

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

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

There's No Such Thing as a Free Lunch!

The Union Budget falls on February 29- this being a leap year. An online opinion poll on a leading media website reads: “Should Arun Jaitley prefer growth or fiscal deficit?” As India emerges as the...

by Tulsi Jayakumar | On 11 Feb 2016

Exceptions to Patent Rights in Developing Countries

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

by | On 10 Feb 2016

Fast-tracking Green Patent Applications: An Empirical Analysis

In recent years, innovation has topped the agenda of policymakers worldwide as they seek to promote green growth and advance sustainable development. As a result, several countries - including Austral...

by | On 10 Feb 2016

Multilateralism and China–UN Relations

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

by | On 09 Feb 2016

Changing Southeast Asia: The Role of China, the United States, Japan and ASEAN

Southeast Asia's international perspective has been changing sharply in the twenty-first century. A multipolar structure has emerged, in which China, the U.S. and Japan work together with ASEAN to mai...

by | On 09 Feb 2016

An Analysis of China's Concept of Sea Power

An emerging sea power is usually considered as a critical variable to international power politics. China’s growing sea power in the 21st century is such an example. It has become increasingly importa...

by | On 09 Feb 2016

To Manage Conflict in South Asia: China’s Stakes, Perceptions and Inputs

For Chinese researchers of international relations, to see a security challenge through the lens of conflict prevention and management represents a relatively fresh exploration that has begun to recei...

by | On 09 Feb 2016

China’s Rising Military Power & Its Implications

China’s rising military power and its implications is of significant concern that has been widely discussed in the international community and among political elites across the globe. This paper explo...

by | On 08 Feb 2016

The PLA’s Evolving Global Role and New Security Initiatives

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

by | On 08 Feb 2016

Rethinking North Korea's Denuclearization: Approaches and Strategies

The North Korean nuclear issue has become increasingly intractable. The Six Party Talks have stalled since December 2008, while North Korea’s nuclear program has continued apace. On the one hand, the...

by | On 08 Feb 2016

Transnational Economic Order and National Economic Institutions

Even after two decades of research on globalization, we still face open questions about the interplay between national capitalist institutions and transnational economic governance. How does embeddedn...

by | On 08 Feb 2016

Fisheries, International Trade and Sustainable Development

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

by International Centre and Sustainable Development | On 08 Feb 2016

2009 World Survey on the Role of Women in Development: Women's Control over Economic Resources and Access to Financial Resources, including Microfinance

The World Survey on the Role of Women in Development is the flagship publication of the United Nations Division for the Advancement of Women. It is presented to the Second Committee of the General Ass...

by UN Women | On 08 Feb 2016

Progress of the World's Women 2000

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

by UN Women | On 08 Feb 2016

Global Corruption Report: Climate Change

The Global Corruption Report is the first comprehensive publication of its kind to explore the corruption risks related to tackling climate change. From international policy-making to national level m...

by Transparency International TI | On 06 Feb 2016

Safeguarding Mitigation Efforts For Sustainability

The objectives of climate change mitigation projects are undermined when they do not meet sustainable development criteria and transparency standards. In such cases, international mitigation mechanism...

by Transparency International TI | On 06 Feb 2016

Impact of Financial Liberalisation and Deregulation on Banking Sector in Pakistan

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

by Kalbe Abbas | On 06 Feb 2016

An Empirical Investigation of the Relationship between Food Insecurity, Landlessness, and Violent Conflict in Pakistan

This study is an attempt to examine empirically the association between socio-economic measures of deprivation—such as food insecurity, landlessness, unemployment, and human under-development—and the...

by Sadia Mariam Malik | On 06 Feb 2016

Transparency in Corporate Reporting: Assessing Emerging Market Multinationals

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

by Transparency International TI | On 05 Feb 2016

How to Successfully Manage Conflicts and Prevent Dispute Adjudication in International Trade

The growing body of WTO jurisprudence can help facilitate rules-based negotiations as a way of avoiding formal litigation more than ever before, and developing countries are now in a position to reap...

by | On 05 Feb 2016

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

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

by Transparency International TI | On 05 Feb 2016

Incentivising Integrity in Banks

In the aftermath of the global financial crisis, many different cases of malfeasance and corruption at banks have been exposed. To date, settlements worth more than US$ 230 billion have been agreed be...

by Transparency International | On 05 Feb 2016

Assessment of the Bhutan Anti-Corruption Commission 2015

The assessment of Bhutan's Anti-Corruption Commission (ACC) represents the first time Transparency International has conducted an independent assessment of this sort. The tool will be applied to other...

by Transparency International | On 03 Feb 2016

The European Union’s position toward the Palestinian cause: 1993-2009

The study discusses the European position toward the peace process since the Oslo Accords in 1993, up to the Israeli onslaught against the Gaza Strip in 2009. The aim is to elucidate the European role...

by | On 03 Feb 2016

The New Role of the World Bank

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

by Michael Clemens | On 03 Feb 2016

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

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

by Yasmeen Akhtar | On 03 Feb 2016

Remittances and Economic Growth: The Role of Financial Development

Remittances and financial developments have been an important and overgrowing source in accelerating the growth process of many transitional economies. The economies that have enough source of remitta...

by Unbreen Qayyum | On 03 Feb 2016

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

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

by Asiya Sohail | On 03 Feb 2016

Does Inside Ownership Matters in Financial Decisions and Firm Performance: Evidence from Manufacturing Sector of Pakistan

This study provides the evidence on the effect of managerial ownership on the firm’s performance and financial policies (debt and dividend) for 140 listed manufacturing firms of Pakistan.

by Haris Arshad | On 03 Feb 2016

Financial Flows, External Capital Structure, Institutions and Economic Growth in Asian Developing Economies

Present study is conducted to measure the impact of financial integration on economic growth in Asian developing economies using panel data of twelve Asian countries from 1984-2012. In first part of a...

by Madiha Bashir | On 03 Feb 2016

Building Genuine Islamic Financial Institutions

Since the spirit of Islam is in stark and violent conflict with the spirit of Capitalism, the form taken by institutions designed to express this spirit must also be different. Capitalist financial in...

by Asad Zaman | On 03 Feb 2016

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

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

by C. Peter Timmer | On 03 Feb 2016

The Relationship between Disaggregate Energy Consumption, Economic Growth and Environment for Asian Developing Economies

This study evaluates the link between disaggregate energy consumption (coal, petroleum, electricity, renewable energy consumption), economic growth and environment for Asian Developing countries. Coin...

by Ali Cheema | On 03 Feb 2016

An Analysis of Accrual Anomaly in Case of Karachi Stock Exchange

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

by Jawad Mohammad | On 03 Feb 2016

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

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

by Syed Akther Shah | On 02 Feb 2016

Biopiracy: The Patenting of Basmati by Ricetec

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

by Uzma Jamil | On 02 Feb 2016

Financial Incentives to Industry

This paper provides details of the decisions made by the Environment Standards Committee (ESC) on Financial Incentives to industry. It also documents the progress made so far in the implementation of...

by Abdul Khan | On 02 Feb 2016

Management of Strategic Crises and the Structure of the International System

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

by | On 02 Feb 2016

Syria and Turkey: A Turning Point or a Historical Bet

Syrian-Turkish relations represent a regional and international phenomenon that has attracted a considerable amount of political and media attention; however, research on the dynamics and wagers invol...

by Aqil Mahfoudh | On 02 Feb 2016

The 2014 Arab Opinion Index

The 2014 Arab Opinion Index is the third annual survey of Arab public opinion carried out by the Arab Center for Research and Policy Studies. In 2011, the survey was carried out in 12 Arab countries,...

by Arab Center for Policy Studies | On 02 Feb 2016

Children Affected by Armed Conflict in South Asia: A Review of Trends and Issues Identified Through Secondary Research

‘Armed conflict’ is defined in this report as the use of armed violence to resolve local, national and/or international disputes between individuals and groups that have a political, economic, cultura...

by | On 02 Feb 2016

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

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

by Deb Kusum Das | On 02 Feb 2016

Pushing the Debate on Public Health

In honour of Krishna Raj, the legendary editor of Economic and Political Weekly, the Anusandhan Trust established the Krishna Raj Memorial Lecture series on Health and Social Sciences. This year’s lec...

by Padma Prakash | On 02 Feb 2016

Social Insurance with Competitive Insurance Markets and Risk Misperception

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

by | On 02 Feb 2016

Rural Transport, Safety and Security

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

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

Remittances: An Unrecognised Support Mechanism During Humanitarian Crises

Remittances – money sent home by migrants – can help families survive conflicts or natural disasters. However, humanitarian agencies often fail to consider remittances when planning interventions. Thi...

by Paul Harvey | On 01 Feb 2016

The Role of NGOs In Conflict and Peace-Building

Non-government organisations (NGOs) have become increasingly involved in the international response to armed conflict, some aiming to mitigate the effects of war and others to help end the violence. B...

by Jonathan Goodhand | On 01 Feb 2016

Making it Safer to Cross Waterways in Sri Lanka

Sri Lanka has about 120,000 engineered rural waterway crossings (such as bridges) and another 250,000 non-engineered crossings built and maintained by communities. Because of a lack of financial and h...

by Granie Jayalath | On 01 Feb 2016

People, Policy, and Partnership for Disaster Resilient Development

The National Alliance of Disaster Risk Reduction (NADRR) was launched at a two-day workshop held in New Delhi on November 3rd and 4th, 2007. The workshop brought together over 150 participants represe...

by National Alliance for Disaster Risk Reduction NADRR | On 01 Feb 2016

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

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

by Neil McCulloch | On 01 Feb 2016

Water Policy Brief : Water Policy Programme

Access to clean water is central to healthy and productive lives for the poor. Yet at the beginning of the 21st Century over one billion people still lack this vital resource (WWC, 2000). A decade ago...

by Water Policy Programme WPP | 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

Financial Reforms - Past and Present

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

by Raghuram G. Rajan | On 01 Feb 2016

Research Imperatives for the Indian Banking Sector

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

by S.S. Mundra | On 01 Feb 2016

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

The Trillion Dollar Plan

The rapidly unfolding global financial and economic crisis will severely disrupt economic growth worldwide, affect the livelihoods of billions around the world and endanger progress toward the poverty...

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

Off-shoring, Insecurity and the Protectionist Threat

The financial crash of 2008 threatens economic insecurity in industrialized countries to an extent not experienced since the Great Depression. But as discussed in the World Economic and Social Survey...

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

Climate Change and Technology Transfer: The Need for a Regional Perspective

The international negotiations on climate change actions, including mechanisms for the efficient and equitable transfer of technologies for mitigation and adaptation, are currently being deliberated u...

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

Stronger Industrial Policies Needed to Face the Climate and Development Challenges

Following a period during which policy options in many developing countries were confined to a standardized set of market friendly measures, there is growing recognition that one size does not fit all...

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

Ocean Acidification: A Hidden Risk for Sustainable Development

The issue of climate change currently holds the attention of the international community. Worsening emissions predictions and a perception that impacts are occurring more rapidly than anticipated have...

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

Can we Avert the Next Dollar Crisis?

Are we heading towards a hard landing of the United States dollar? In recent months, the value of the dollar approached another historic low vis-à-vis other major currencies. This contrasts with the i...

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

Till Debt do us Part: the Urgency of a Sovereign Debt Workout Mechanism

The danger to global economic recovery posed by the European debt turmoil throws a spotlight on a key missing international institution critical to global finance a sovereign debt resolution mechanism...

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

Coordinating Capital Account Regulation

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

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

Fiscal Stimulus is still Needed for Global Recovery

Responding to the economic and financial crisis, a large number of countries introduced fiscal stimulus packages to support aggregate demand. These have been critical in avoiding the recession becomin...

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

A Truly Green Agricultural Revolution is Needed

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

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

Can a Protracted Slowdown be Avoided?

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

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

Why Global Health Funds should be Consolidated

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

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

The Potential of Financial Transaction Taxes for Development Financing

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

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

Global Liquidity for Global Development

Official development assistance declined in real terms in 2011 as a result, in part, of fiscal austerity in many donor countries. Traditional forms of funding have fallen well short of needs to financ...

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

The Limited Promise of Agricultural Trade Liberalization

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

by Timothy A. Wise | On 31 Jan 2016

State Capacity and Inclusive Development: New Challenges and Directions.

This paper takes stock of recent advancements in the literature on state capacity and connects them tothe study of inclusive development. Specifically, four particular lines of argument are presented....

by Matthias Hau | On 30 Jan 2016

Improving the International Governance of Food Security and Trade

This paper critically examines the recent global initiatives to improve various elements of the international governance of food security and the institutional context of policymaking on trade and foo...

by | On 30 Jan 2016

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

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

by | On 30 Jan 2016

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

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

by | On 30 Jan 2016

Giving Youth A Voice: Bangladesh Youth Survey 2011

Giving Youth a Voice, the first ever nationwide survey on youth, was started in 2011. The main findings of the report were released to the media in mid August, prior to the International Youth Day. Th...

by Syeda Aziz | On 30 Jan 2016

Organizational and Institutional Issues in Climate Change Adaptation and Risk Management

This report provides some reflections and insights on the level of awareness, practices, and organizational and institutional issues being faced by countries as they adapt to climate change, based on...

by Catherine Ragasa | On 30 Jan 2016

National Discourses on Women’s Empowerment in Bangladesh: Continuities and Change

This paper explores how these perceptions and narratives around women’s empowerment have evolved in Bangladesh from 2000 to date. It studies the concepts of women’s empowerment in public discourse and...

by Sohela Nazneen | On 30 Jan 2016

Are Trade Openness and Financial Development Complementary?

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

by Ram Upendra Das | On 30 Jan 2016

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

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

by Rajesh Mehta | On 30 Jan 2016

Relationship between Credit Rating, Capital Structure and Earning Management Behaviour: Evidence from Pakistani Listed Firms

Credit ratings have become a widely accepted measure of firms’ creditworthiness in financial markets. The present study aims to examine the impact of external credit ratings on the financial structure...

by Shoaib Ali | On 30 Jan 2016

Women's Leadership and Corporate Performanace

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

by Meijun Qian | On 30 Jan 2016

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

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

by | On 29 Jan 2016

Climate Variability and Change in the Himalayas: Community Perceptions and Responses

Mountain communities in the developing world are often marginalised from political influence and economic opportunities and generally face high levels of poverty. The ecosystems they dwell in are amon...

by Mirjam Macchi | On 28 Jan 2016

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

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

by | On 28 Jan 2016

Establishing an International Advisory Centre on Investment Disputes?

In the light of growing globalization and the significant increase in the number of investor-state disputes that has taken place over recent years, this paper proposes that it is time to establish an...

by | On 28 Jan 2016

Post-2015 International Development Agenda in the Context of Interlocking Trade and Financing in the LDCs

The adoption of the ambitious post-2015 agenda centring on the Sustainable Development Goals (SDGs) at the United Nations (UN) in New York in September marks an opportune moment to suggest development...

by | On 28 Jan 2016

The Evolving International Investment Law and Policy Regime: Ways Forward

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

by | On 28 Jan 2016

Maximizing the Opportunities of the Internet for International Trade

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

by | On 28 Jan 2016

TRIPS and Pharmaceutical Industry: Issues of Strategic Importance

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

by N. Lalitha | On 28 Jan 2016

Economic Growth, Labour Markets and Gender in Japan

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

by Uma Rani | On 28 Jan 2016

Internal Migration in Developing Economies: An Overview

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

by | On 28 Jan 2016

Healthcare Challenges in Urbanizing India

Rapid urbanisation in India, driven by a globalised economy and its accelerated growth, will increasingly demand attention of policy makers. The objective of this policy note is to throw light on heal...

by Rajeev Ahuja | On 28 Jan 2016

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

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

by Ulrike Nischan | On 28 Jan 2016

Consolidated Replies on State of the Sector Report 2012 for Microfinance

This document incorporates outputs of two discussions conducted on State of the Sector Report 2012. The summaries of the two discussions on SOS 2012 also find place in the State of the Sector Report...

by United Nations Development Programme (UNDP) | On 27 Jan 2016

Synthesis of Important Discussions on Livelihood and MF issues related to Domestic Workers

This publication focuses on the issues related to domestic workers such as financial inclusion of urban poor , issues related to identity proof for opening accounts in the banks, best practices for do...

by United Nations Development Programme (UNDP) | On 27 Jan 2016

Financial Inclusion and Livelihood Promotion of Rickshaw Pullers in India

The research study highlights the financial inclusion needs of cycle rickshaw pullers in India. These include access to service sectors; improvement of asset base; employment of their women; increase...

by | On 27 Jan 2016

Samruddhi - The Madhya Pradesh Model of Financial Inclusion

The report assesses the impact of Samruddhi- the Madhya Pradesh model of financial inclusion that aims to improve access of the state’s poor to finance. It examines the current level and pattern of ac...

by | On 27 Jan 2016

Payments Banks: Support Policy Framework for Enhancing Viability and Inclusion

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

by | On 27 Jan 2016

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

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

by | On 27 Jan 2016

Multinationals and Foreign Investment Policies in a Digital World

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

by | On 27 Jan 2016

Global Production With Export Platforms

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

by Penn Stat | On 27 Jan 2016

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

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

by Robert Teh | On 27 Jan 2016

Health Agriculture Labour Migrants (Denied) Access to Health Care in Andhra Pradesh

In most countries international migration has received more attention than internal agriculture labour migration. Even though internal agriculture labour migration has become an important livelihood...

by | On 27 Jan 2016

Intellectual Property Provisions in Regional Trade Agreements: Revision and Update

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

by Maegan McCann | On 27 Jan 2016

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

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

by | On 26 Jan 2016

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

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

by Robert Anderson | On 26 Jan 2016

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

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

by Kodjo Osei-Lah | On 26 Jan 2016

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

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

by Marc Auboin | On 26 Jan 2016

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

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

by Martin Roy | On 26 Jan 2016

Governance Structure and Labour Market Outcomes in Garment Embellishment Chains

Globalization has led to large scale outsourcing of production activities to developing countries manifesting in global commodity chains.The study shows that given a choice, enterprises and workers pr...

by Jeemol Unni | On 26 Jan 2016

International Migration from Gujarat: An Exploratory Analysis

This paper gives an overview of international migration from the state of Gujarat, the state with a long history of international migration and significantly large migrant population abroad. Even as s...

by Biplab Dhak | On 26 Jan 2016

Power to Women through Finance: Revisiting the Microfinance Promise

The relationship between women’s access to credit and their empowerment is a theme that seems to have lost much of its sheen and sharpness during the phase of commercialization of microfinance in Indi...

by Tara Nair | On 26 Jan 2016

India-Korea CEPA: An Appraisal of Progress

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

by | On 25 Jan 2016

Ageing in Emerging Markets

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

by | On 25 Jan 2016

The Future of Electricity in Fast-Growing Economies

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

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

External Shocks

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

by Ashima Goyal | On 24 Jan 2016

Institutional Lending and Financing Policy for SMEs in Bangladesh

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

by Naima Nazneen Rikta | On 23 Jan 2016

Estimating Inflation Rates of Import-Concentrated Commodities

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

by M. G. Mortaza | On 23 Jan 2016

The SLR as a Monetary Policy Instrument in Bangladesh

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

by Sayera Younus | On 23 Jan 2016

A Quick Analysis of Deposit Interest Rates Offered by Commercial Banks

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

by Md. Ezazul Islam | On 23 Jan 2016

Enhancing Disaster Management Capacity in South Asia

As the Himalayan ecosystem is susceptible to natural disasters due to the global climatechange patterns, the earthquake that struck Nepal recently might not be the last or the deadliest. An important...

by | On 23 Jan 2016

India and the BRICS Partnership

India and its partners – Brazil, China, Russia and South Africa – in the BRICS forum have launched the New Development Bank. With the leaders of these countries, who recently met at Ufa in Russia, dis...

by | On 23 Jan 2016

India’s Latest GDP Growth Figures: Glaring Macroeconomic Concerns

A close analysis of India’s higher growth rate in the last financial year reveals some disturbing signs of emerging vulnerabilities on both the supply and demand sides of the macro-economy. Stagnant a...

by | On 23 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

Economic Growth In South Asia: Role Of Infrastructure

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

by Ranjan Kumar Dash | On 23 Jan 2016

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

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

by Khondaker Moazzem | On 23 Jan 2016

Should Bangladesh Monitor Core Inflation for Conducting Monetary Policy?

Over the years, the Bangladesh Bank (BB) has been using changes in consumer price index (CPI) inflation as the operational guide to measuring price stability in Bangladesh. In recent years, it has how...

by Bangladesh Bank | On 23 Jan 2016

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

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

by Bangladesh Bank | On 23 Jan 2016

Rationalizing Food Demand and Supply Estimates: An Exploratory Note

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

by Bangladesh Bank | On 23 Jan 2016

Navigating the Global Financial Storm: Challenges for Bangladesh

The present global financial crisis shows that there is no substitute of prudent government intervention and careful regulation even when market determined incentive structures operate. The pursuit of...

by Bangladesh Bank | On 23 Jan 2016

Understanding The Rising Powers' Contribution to the Sustainable Development Goals

Rising powers such as Brazil, India and China have been criticised for being obstructive in the negotiations on the post-2015 development agenda. The start of the United Nations (UN) negotiations saw...

by Institute of Development Studies IDS | On 23 Jan 2016

UNHRC Resolution and Sri Lanka’s ‘Domestic Mechanism’: Accountability for Human Rights Violations

Following the recent United Nations Human Rights Council (UNHRC) resolution on Sri Lanka, the Sirisena Government has embarked on a process of establishing a ‘domestic mechanism’. It is imperative to...

by | On 22 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

Intellectual Property and the Availability of Pharmaceuticals in Poor Countries

There continues to be widespread criticism of the extension of patent rights on pharmaceuticals in the developing world as required by World Trade Organization membership. This paper examines argument...

by | On 22 Jan 2016

Financial Crises and Poverty in Emerging Market Economies

This study examines the impact of the principal financial crises in emerging markets in recent years on the incidence of poverty in the countries in question. The growth impact is first identified by...

by | On 22 Jan 2016

The Trans-Pacific Partnership: Implications for India

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

by Geethanjali Nataraj | On 21 Jan 2016

Emerging Powers in a Changing World

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

by Stamatis Zachariadis | On 21 Jan 2016

How (well) is Education Measured in Household Surveys?

Household surveys are an important source of information about education systems. International survey programs such as the Demographic and Health Surveys (DHS) and the Multiple Indicator Clusters Sur...

by Education Policy and Data Center EPDC | On 21 Jan 2016

Productivity in the Era of Trade and Investment Liberalization in India

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

by Ram Upendra Das | On 21 Jan 2016

Financial Crisis of 2008 and Shifting Economic Power Is there Convergence

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

by Manmohan Agarwal | On 21 Jan 2016

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

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

by Biswajit Dhar | On 21 Jan 2016

Quantifying the International Bilateral Movements of Migrants

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

by | On 20 Jan 2016

Migration and Social Protection: A Concept Paper

This paper attempts to locate ‘migration’ within a social protection framework both theoretically and empirically. We add to the dominant theoretical discourse around social protection by introducing...

by | On 20 Jan 2016

People Matter Civic Engagement in Public Governance

The World Public Sector Report 2008, People Matter, Civic Engagement in Public Governance presents a picture of the evolution of current governance challenges, especially from the point of view of the...

by UN Department of Economic and Social Affairs UNDESA | On 20 Jan 2016

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

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

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

Rural Sanitation Transformation in Himachal Pradesh

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

by Deepak Sanan | On 19 Jan 2016

Gendered Impacts of Globalization Employment and Social Protection

The last three decades have seen remarkable changes in economic structures and policies both within and across countries, loosely captured by the term globalization. This paper reviews evidence on how...

by Shahra Razavi | On 19 Jan 2016

Linkages between Internal and International Migrations: Policy Implications for Development

This paper is organized in three main sections. The first section provides some definitions of the key terms and describes how both internal and international migration impact on development. An under...

by | On 19 Jan 2016

Evolution of Capital Structure in East Asia: Corporate Inertia or Endeavours?

The present paper examines the capital structure adjustment dynamics of listed non-financial corporations in seven East Asian countries during 1994-2002. Compared to firms in the least affected countr...

by Sarmistha Pal | On 19 Jan 2016

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

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

by Rita Almeida | On 19 Jan 2016

Crucial Collaborators or Petty Players? The Globalization of R&D and the Rise of China and India

In recent decades, research and development has become a key new arena of globalization. Whereas multinational corporations once conducted R&D primarily in their home countries, it is now often disper...

by Andrew Kennedy | On 18 Jan 2016

The Future of Jobs

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

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

The Global Risks Report 2016

The Global Risks Report 2016 features perspectives from nearly 750 experts on the perceived impact and likelihood of 29 prevalent global risks over a 10-year timeframe. The risks are divided into five...

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

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

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

by Theodore H Moran | On 15 Jan 2016

Rebalancing Growth in Asia

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

by Eswar S. Prasad | On 15 Jan 2016

International Migration, Transfers of Norms and Home Country Fertility

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

by Maurice Schiff | On 15 Jan 2016

Migration, Education and the Gender Gap in Labour Force Participation

Women who want to work often face many more hurdles than men. This is true in Tajikistan where there is a large gender gap in labour force participation. We highlight the role of two factors – interna...

by Myeong Su Yun | On 14 Jan 2016

A Profile of the World's Young Developing Country Migrants

Individual level census and household survey data are used to present a rich profile of the young developing migrants around the world. Youth are found to comprise a large share of all migrants, parti...

by David McKenzie | On 14 Jan 2016

Housing Policies in China: Issues and Options

This article consists in three parts. The first part deals with theory. We evaluate the pros and cons of government involvement in urban housing and of renting versus ownership. In the second part, we...

by Yves Zenou | On 14 Jan 2016

Globalization, Brain Drain and Development

This paper reviews four decades of economics research on the brain drain, with a focus on recent contributions and on development issues. We first assess the magnitude, intensity and determinants of t...

by Frédéric Docquier | On 14 Jan 2016

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

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

by | On 14 Jan 2016

Development

The study of international organizations inevitably leads to consideration of the role of several that have been at the heart of international efforts to promote development after World War II, primar...

by David Malone | On 13 Jan 2016

Challenges for Economic Empowerment of Women In South Asia

This paper examines the changing work profiles of women in the South Asian region, with all elements of contradictions, in terms of doubling their burdens or empowering them. Are the newer avenues for...

by Preet Rustagi | On 13 Jan 2016

Should Global Goal Setting Continue, and how, in the Post-2015 Era?

The Millennium Development Goals (MDGs) were introduced to monitor implementation of the United Nations Millennium Declaration which set out a vision for inclusive and sustainable globalization based...

by Sakiko Fukuda-Parr | On 13 Jan 2016

Gender and Migration: Overview Report

This Overview Report on Gender and Migration takes a broad approach to migration – it looks at the gender dynamics of both international and the lesser-researched internal migration and the interconne...

by | On 13 Jan 2016

The Imprudence of Labour Market Flexibilization in a Fiscally Austere World

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

by | On 11 Jan 2016

From Aid to Global Development Policy

The international community has advanced in reforming the international aid system. Such reform comes at a time when there is a renewed skepticism about aid effectiveness and when the crisis sheds new...

by José Alonso | On 11 Jan 2016

Recent Downturn in Emerging Economies and Macroeconomic Implications for Sustainable Development: A Case of India

The paper discusses the progress of Indian economy and its policies since the broadbased structural reforms initiated in 1991 with a special focus on the recent downturn following the global financial...

by | On 11 Jan 2016

Redistributive Policies for Sustainable Development: Looking at the Role of Assets and Equity

Analyses of redistributive policies often focus on income flows to examine the nexus between redistribution and economic growth. With strengthening signs of growing economic inequality in many countri...

by | On 11 Jan 2016

The Impact of the Global Economic and Financial Crisis on the Youth and Children

How can young people and their future education and employment be put at the forefront of the solution to the current crisis as they represent the future of the world? These are some of the issues tha...

by Emmanuel Akoto | On 11 Jan 2016

Migration, School Attainment and Child Labor: Evidence from Rural Pakistan

Inequalities in access to education pose a significant barrier to development. It has been argued that this reflects, in part, borrowing constraints that inhibit private investment in human capital by...

by | On 11 Jan 2016

Transmission of Volatility of Money Market Overnight Repo Rate along the Yield Curve in Pakistan

This paper presents the empirical results of the volatility transmission of money market overnight repo rate along the yield curve in Pakistan. The results indicate that the transmission of volatilit...

by Asif Mahmood | On 11 Jan 2016

The Least Developed Countries Report, 2008

Least developed countries are achieving record rates of economic expansion, but growth is failing to trickle down into significantly improved well-being for the majority of their population. The Least...

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

The Least Developed Countries Report, 2007

UNCTAD, in past LDC Reports, has taken the view that the key to sustained economic growth and poverty reduction in LDCs is the development of productive capacities and related creation of productive e...

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

The Least Developed Countries Report, 2011

The least developed countries (LDCs) are a group of countries that have been classified by the United Nations as least developed in terms of their low gross domestic product (GDP) per capita, weak hum...

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

Trade and Development Report, 2010

The Trade and Development Report 2010 focuses on the need to make employment creation a priority in economic policy. Unemployment is the most pressing social and economic problem of our time, not leas...

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

Trade and Development Report, 2012

The Trade and Development Report (TDR) 2012 reviews recent trends in the global economy and explores the links between income distribution, growth and development. Global output growth is slowing down...

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

Urgency of Understanding Sanitation Drivers in ‘Smaller Cities’ in India: National and International Relevance

The paper emphasises the fact that the fastest growth in India’s urban population is occurring in its smaller cities and towns. They have glaringly inadequate sewerage and public sanitation infrastruc...

by Shubhagato Dasgupta | On 09 Jan 2016

Trade and Development Report, 2013

Five years after the onset of the global financial crisis the world economy remains in a state of disarray, with global output growing at around 2 per cent and global trade growth virtually grounding...

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

Trade and Development Report, 2015

The Trade and Development Report (TDR) 2015: Making the international financial architecture work for development reviews recent trends in the global economy and focuses on ways to reform the internat...

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

Trade and Environment Review 2003

This Review addresses this concern by tackling trade and environment issues from a development perspective. It also attempts to provide developing countries´ Governments and civil society with a forum...

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

Competitive Diplomacy of India and China

India and China, viewing themselves as key players within the BRICS which they see in a worldwide perspective, had in fact made two different global commitments on the eve of this Brisbane G20 summit....

by P S Suryanarayana | On 09 Jan 2016

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

The Afghanistan Conflict in its Historical Context

Afghanistan has long been used as a battleground for strategic wars by larger external powers. This is in part due to its geographic position between the Middle East, Central Asia and South Asia. Acco...

by Riaz Hassan | On 09 Jan 2016

The Indian Bond Market

This paper tries to explain the main characteristics of the Indian government and corporate bond markets and what has contributed to the poor development of the latter. It goes on to show that an oppo...

by Chandrani Sarma | On 09 Jan 2016

Double Bubble Trouble

Sustaining anything in the region of 7% growth should be good enough in a troubled and risk-laden world.

by T.N. Ninan | On 08 Jan 2016

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

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

by Tanvir Ali | On 08 Jan 2016

Street Sweeping as a Livelihood Strategy of Pode Community in KMC: Livelihood Assets and Vulnerabilities

The study of geography of poverty and peoples’ changing livelihood and their relation with globalization are some of the major areas of geographic research in the present context (Subedi, 2005). So, P...

by Basant Adhikari | On 08 Jan 2016

Institutions for Asian Integration: Innovation and Reform

The formation of regional production networks in East Asia has occurred mainly through market forces, without much help from regional institutions in promoting the creation of a single Asian market. W...

by Masahiro Kawai | On 07 Jan 2016

Collapsing ‘Government’, Emerging ‘Governances’

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

by | On 07 Jan 2016

Remittances and Labor Supply in Post-Conflict Tajikistan

This paper analyzes the impact of remittances on the labor supply of men and women in post-conflict Tajikistan. It is found that on average men and women from remittance-receiving households are less...

by Olga Shemyakina | On 07 Jan 2016

New Measures of the Trilemma Hypothesis: Implications for Asia

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

by Masahiro Kawai | On 07 Jan 2016

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

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

by | On 07 Jan 2016

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

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

by Yuqing Xing | On 07 Jan 2016

Banking Crises and 'Japanization': Origins and Implications

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

by Masahiro Kawai | On 07 Jan 2016

Modern Currency Wars: The United States Versus Japan

In 2013, through massive quantitative easing by the Bank of Japan (BOJ), the yen depreciated about 25% against the US dollar, stoking fears of Japan bashing by the US. However, this sharp depreciation...

by Ronald McKinnon | On 07 Jan 2016

Special Study on Sustainable Fisheries Management and International Trade in the Southeast Asia and Pacific Region

This paper analyzes the current status of fisheries and aquaculture in Southeast Asia and international trade. Analysis concludes that a policy of sustainable management for both capture fisheries and...

by Masayuki Komatsu | On 07 Jan 2016

Internal and International Migration in South East Asia

This chapter examines the key developments and challenges of internal (domestic) and external (international) migration in Southeast Asia by looking at their main features and key drivers. Internal mi...

by | On 07 Jan 2016

Regional Financial Regulation in Asia

The Asian financial crisis (1997-1998) and the global financial crisis (2007-2009) highlighted the potential value of financial regionalism, i.e., regional-level cooperation in financial policy. This...

by Masahiro Kawai | On 07 Jan 2016

Globalization, Infrastructure, and Inclusive Growth

This paper covers threes issues: first, defining and measuring inclusive growth; second, the relationship between international trade and inequality; and third, the links between infrastructure and in...

by Juzhong Zhuang | On 07 Jan 2016

Global Financial Crisis: Impact on India’s Poor Some Initial Perspectives

This report presents some initial perspectives on the impact of theglobal financial crisis on the people of India, particularly the poor, and points to the need for policy actions to transform the sit...

by | On 01 Jan 2016

Financial Literacy for Increasing Sustainable Access to Finance in Nepal

This paper explores how far the expansion of Banks and Financial Institutions including cooperatives assures the access to finance and its sustainability. The study also explores the worth of financia...

by | On 01 Jan 2016

Managing Capital Flows in Asia: An Overview of Key Issues

Global capital flows into emerging markets, including those in Asia, continue to be volatile, generating both benefits and costs. The latter are associated with episodes of currency and banking crises...

by Ramón López | On 01 Jan 2016

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

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

by | On 30 Dec 2015

Impact of Production Linkages on Industrial Upgrading in ASEAN, the People's Republic of China, and India: Organizational Evidence of a Global Supply Chain

This paper presents a simple model of industrial upgrading as a result of backward and forward information linkages between upstream and downstream relations. It also serves as an empirical investigat...

by Tomohiro Machikita | On 30 Dec 2015

From a Centralized to a Decentralized Global Economic Architecture: An Overview

This paper argues that calls for a New Bretton Woods system in the aftermath of the global economic crisis — similar to the remarkable 1944 Bretton Woods conference that led to the establishment of va...

by Pradumna Rana | On 30 Dec 2015

International Financial Reforms: Capital Standards, Resolution Regimes and Supervisory Colleges, and their Effect on Emerging Markets

This paper focuses on the relevance to emerging economies of three major financial reforms following the global financial crisis of 2007–2009: the improved capital requirements intended to reduce the...

by Duncan Alford | On 30 Dec 2015

The Effect of Remittances on Labour Supply in the Republic of Haiti

We examine the labour supply effect of remittances in the Republic of Haiti, the prime international remittances recipient country in the Latin American and Caribbean (LAC) region relative to its GDP....

by Evans Jadotte | On 29 Dec 2015

Left Behind but Doing Good? Civic Engagement in Two Post-Socialist Countries

The fall of socialism in Central and Eastern Europe restored ordinary citizens' rights and freedoms and ended their political and social isolation. While the freedom of movement was quickly embraced,...

by Milena Nikolova | On 29 Dec 2015

The Effects of Financial Globalization on Global Imbalances, Employment and Inequality

This paper reviews the empirical evidence for the macroeconomic effects of financial globalization and discusses why several of the expected benefits have failed to materialize, in terms of both long-...

by | On 29 Dec 2015

Deepening the Social Dimensions of Regional Integration

The present report presents an overview of some recent trends and future challenges regarding the deepening of the social dimensions of regional integration, in light of the Recommendations of the Rep...

by | On 29 Dec 2015

Using the Social Capital of Nationals Abroad as a Strategy for Development in the IT Sector

This Discussion Paper examines the relevance of social capital theories in explaining the migration-development nexus. The author uses three case studies to investigate this relationship, namely devel...

by | On 29 Dec 2015

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

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

by | On 29 Dec 2015

Strengthening Municipal Governance through Performance-based Budget Allocation in Bangladesh

In Bangladesh, pourashavas are an alternative destination to large cities. With the influx of urban residents within the next decades, governments and development partners must lead pourashavas toward...

by Norio Saito | On 29 Dec 2015

Financial Crisis as a Catalyst of Legal Reforms: The Case of Asia

This paper discusses how financial crises in emerging Asia and Japan worked as catalysts for legal reforms. Findings show that six Asian countries pursued significant legal and judicial reforms follow...

by Masahiro Kawai | On 29 Dec 2015

Gender Sensitive Police Reform in Post Conflict Societies

This briefing paper reviews UNIFEM and UNDP experiences in building the capacity of police services to respond to women's security needs. The paper distinguishes between internal reforms to facilitate...

by UN Women | On 29 Dec 2015

Trade in Value Added: An East Asian Perspective

This paper aims to provide a non-technical explanation of the concept of trade in value added, with particular reference to East Asia. The trade in value added approach allows us to redefine the relat...

by Satoshi Inomata | On 29 Dec 2015

An Asian Perspective on Global Financial Reforms

The purpose of this study is to better understand the likely impact on Asian economies and financial institutions of various recent global financial reforms, including Basel III capital adequacy and l...

by Peter Morgan | On 29 Dec 2015

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

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

by Shandre Thangavelu | On 29 Dec 2015

Monetary Policy Frameworks in Asia: Experience, Lessons, and Issues

This paper reviews the history of East Asian monetary policy frameworks since 1990; describes current monetary policy frameworks, including issue of price versus financial stability for a central bank...

by Peter Morgan | On 29 Dec 2015

Policies to Enhance Trade Facilitation in South Asia and Southeast Asia

This paper discusses trade facilitation in the context of enhancing trading links between South and Southeast Asia, in a manner understandable to the non-specialist. Presently, these two Asian regions...

by Anthony Bayley | On 29 Dec 2015

The Gender Dividend: A Business Case for Gender Equality

This paper presents the case for investments and actions — on an unprecented scale — to broaden the range of real opportunities open to the world's 3.5 billion women and girls. Advocates for equality...

by UN Women | On 28 Dec 2015

Economic Crises and Women’s Work: Exploring Progressive Strategies in a Rapidly Changing Global Environment

This paper examines issues of women’s employment and decent work in the context of the on-going global financial and economic crisis. Recognizing that financial and economic crises affect men and wome...

by UN Women | On 28 Dec 2015

Realizing Women's Rights to Land and Other Productive Resources

Women’s access to, use of and control over land and other productive resources are essential to ensuring their right to equality and to an adequate standard of living. Throughout the world, gender ine...

by UN Women | On 28 Dec 2015

Empowering Women Migrant Workers in Asia: A Briefing Kit

A new feature of international migration for work is the increase in the numbers of overseas women migrant workers, which in countries like the Philippines, Indonesia and Sri Lanka exceed the numbe...

by | On 28 Dec 2015

Ready for a Slowdown?

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

by T.N. Ninan | On 25 Dec 2015

Why Do SMEs Not Borrow More from Banks? Evidence from the People's Republic of China and Southeast Asia

This study examines the relationship between firm characteristics and borrowing from commercial banks by small and medium-sized enterprises (SMEs) in the People's Republic of China (PRC) and five Sout...

by Ganeshan Wignaraja | On 24 Dec 2015

Income Distributions, Inequality, and Poverty in Asia, 1992–2010

In this paper, income distributions for developing countries in Asia are modeled using beta-2 distributions, which are estimated by a method of moments procedure applied to grouped data. Estimated par...

by Duangkamon Chotikapanich | On 24 Dec 2015

Financial Inclusion, Regulation, and Education in Sri Lanka

Sri Lanka has achieved a high level of financial inclusion compared to other South Asian countries. Its financial sector comprises a wide range of financial institutions providing financial services s...

by Saman Kelegama | On 23 Dec 2015

An Impact Evaluation of Investment in Infrastructure: The Case of the Railway Connection in Uzbekistan

The objective of this paper is to examine the nature and magnitude of the effects of infrastructure provision on regional economic performance. The empirical evidence of our analysis is based on diffe...

by Umid Abidhadjaev | On 23 Dec 2015

Asymmetric Influence in Global Banking Regulation

Global regulatory standard setting is one of the most lucrative battlefields of the international political economy. Asymmetric influence and regulatory capture in setting such standards can undermine...

by Roman Goldbach | On 23 Dec 2015

Oil and State Capitalism: Government-Firm Coopetition in China and India

This paper examines the domestic sources of the internationalization of national oil companies (NOCs) in China and India. It argues that – counter to notions of state-led internationalization – the go...

by Jonas Mecklinga | On 23 Dec 2015

Slouching Tiger, Roaring Dragon: Comparing India and China as Late Innovators

Despite growing interest in the phenomenon of ‘latecomer innovation,’ the nature of this challenge – and its relationship to globalization – remain poorly understood. This article develops a theoretic...

by Andrew Kennedya Kennedya | On 23 Dec 2015

Capital Structure, Ownership and Crisis: How Different Are Banks?

Employing data for 1992-2012, the article examines the factors affecting the capital structure of publicly listed Indian banks from a corporate finance perspective and compares the findings by exploit...

by Goutam Chatterjee | On 22 Dec 2015

Endangering the Investment Climate

Achieving the Sustainable Development Goals (SDGs) will require high levels of productive private and public sector investment, which in turn requires a suitable investment climate. This paper provide...

by | On 22 Dec 2015

The Iran-Pakistan-India Pipeline - The Intersection of Energy Politics

This paper seeks to identify the strategic and economic variables involved in India’s decision about whether or not to pursue a proposed natural gas pipeline from Iran. There is a lot of misinformatio...

by | On 22 Dec 2015

Cricket and Indian National Consciousness

It is recognized that there are close links between sport and politics, and in particular between sport and national consciousness. The Olympic Games and the football, rugby and cricket World Cups hav...

by | On 22 Dec 2015

Thailand’s Investment in India’s Northeast: Strategies, Potentials and Risks

The imperatives for Thailand’s investment in the Northeast have come from two important considerations, reflecting longterm strategic objectives of the Look West Policy of Thailand. First, India’s nor...

by | On 22 Dec 2015

Tension in the Rolling Hills: Burmese Population and Border Trade in Mizoram

This paper first describes Mizoram’s Burmese population and its integration in Mizo society. It then examines border trade and its implications, with a particular focus on Aizawl’s central market, Bar...

by Julien Levesque | On 22 Dec 2015

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

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

by United Nations Conference on Trade and Development UN | On 22 Dec 2015

Identities in Motion; Migration and Health In India

This paper addresses the issue of migration and its public health implications within the human rights framework. Migrants have always been conceptualized as problematic in the context of policies bot...

by | On 21 Dec 2015

Transitions to K-12 Education Systems Experiences from Five Case Countries

Preparing and implementing a K–12 transition absorbs considerable financial and human resources. It follows that the reasons for restructuring must be compelling. It follows that the reasons for restr...

by | On 21 Dec 2015

The High and Low Politics of Trade

The World Trade Organization (WTO) is in trouble. Its negotiating mechanism has mostly seized up, as reflected in the failure to conclude the long-running Doha Round. No obvious solution to this conun...

by | On 21 Dec 2015

The Global Information Technology Report 2014

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

by | On 21 Dec 2015

Payment System Regulation for Improving Financial Inclusion

Drawing from existing domestic experiences and the first results of the international debate, this paper tries to identify some high-level recommendations on how the payments system should be regulate...

by Maria Malaguti | On 19 Dec 2015

A Note on Reserve Currencies with Special Reference to the G-20 Countries

It is most likely that the current reserve currencies will retain their status in the near future, given the persistence in the composition of reserve holdings. However, since we do not have complete...

by Menzie D. Chinna | On 18 Dec 2015

Reserve Accumulation and Sterilized Intervention in the Foreign Exchange Market in Bangladesh: An Empirical analysis

The main intention of the paper is to investigate the extent of sterilization of Bangladesh Bank to offset the monetary expansionary effect of reserve accumulation in the foreign exchange market. To...

by Mst. Nurnaher Begum | On 18 Dec 2015

External Sector Openness Management: The Bangladesh Experience

Bangladesh has had impressive growth in exports, remittances and foreign exchange reserve in recent year. By analyzing the liberalizing regime from 1979 to this date by adopting a comprehensive approa...

by Abdul Wahab | On 18 Dec 2015

Peacekeeping and Peacebuilding in Post-Conflict Environments: A Critical Analysis of the UN Approach in Timor-Leste, Liberia and Nepal

This paper looks at possible alternatives to UN peacekeeping and peacebuilding missions with a view to establishing if there are organizations or other interested parties, which may be more effective...

by | On 17 Dec 2015

Politics of UNSC Sanctions: The Issue of Nuclear Weapons Development

The paper tries to explain the imposition of sanctions by the UNSC on Iran and North Korea and the absence of UNSC sanctions on India and Pakistan. Although there are aspects in the sanctions on Iran...

by | On 17 Dec 2015

China and Myanmar: Strategic Interests, Strategies and the Road Ahead

This research paper is divided into two parts to provide a more complete view of how both countries think in term of their ambitions and the methods they deem important to achieve them. This paper arg...

by | On 17 Dec 2015

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

Rethinking India’s Climate Policy and the Global Negotiations

This essay examines India’s position in international negotiations on climate change and domestic mitigation actions, based on scientific evidence and equity. It is argued that India’s stance has larg...

by D Raghunandan | On 17 Dec 2015

Strategic Framework 2013–2017 Global Programme Food Security

Food security and nutrition is a major global challenge. SDC’s Global Programme Food Security(GPFS) represents an innovative initiative of Switzerland in addressing food security and nutrition challen...

by Swiss Agency for Development and Cooperation SDC | On 17 Dec 2015

Will Changes to the international Tax System Benefit Low- income Countries?

In recent months tax has climbed up the political agenda in ways that would have been unthinkable only a couple of years ago. Creating a fairer international tax system was a central ambition of both...

by Mick Moore | On 16 Dec 2015

Building Tax Capacity in Developing Countries

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

by Mick Moore | On 16 Dec 2015

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

Merchants of Labor: Agents of the Evolving Migration Infrastructure

The special focus of this paper are the merchants of labour, the public and private agents who move workers over borders. The ILO Convention 97 (1949) recommended that migrants move over borders with...

by Philip Martin | On 15 Dec 2015

Financial Inclusion, Education, and Regulation in the Philippines

This paper discusses the current status of financial inclusion, education, and regulation in the Philippines and measures to foster financial inclusion. The primary policy challenge faced by the gover...

by Gilberto M. Llanto | On 15 Dec 2015

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

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

by | On 09 Dec 2015

Budget for Children in Meghalaya 2015-16

Budgets are the most solid expression of a government’s priorities, performances, decisions and intentions both at the national as well as the level of the states. This budget for children (BfC) in Me...

by HAQ Centre for Child Rights HAQCRC | On 08 Dec 2015

Progress of the World’s Women 2008/2009: Who Answers to Women?

The “Progress of the World's Women 2008/2009: Who Answers to Women?” demonstrates that one of the most powerful constraints on realizing women's rights and achieving the Millennium Development Goals (...

by | On 07 Dec 2015

Regional Inequality and ‘Inclusive Growth’ in India under Globalization: Identification of Lagging States for Strategic Intervention

This paper analyses the trends and patterns of economic inequality across Indian states since the early 1990s. The inter-state inequality in per capita income and consumption expenditure show a clear...

by | On 04 Dec 2015

Vital Stats: Overview of Issues in the Power Sector in India

In the recent past, several initiatives have been taken to address the challenges in the power sector. These include structural changes in the regulatory framework as proposed by the Electricity (Ame...

by Prachee Mishra | On 04 Dec 2015

‘Leave No One Behind’: Gender, Sexuality and the Sustainable Development Goals

If the global commitment to eradicate inequality for all people is truly unequivocal, as leaders claim it to be, the implementation of these Sustainable Development Goals (SDGs) needs to take into acc...

by | On 03 Dec 2015

A Behaviour-based Approach to the Estimation of Poverty in India

Almost a sixth of the world’s population and a large fraction of its poorest people live in India. Until recently, national poverty estimates were widely criticized because they relied on aggregate pr...

by | On 02 Dec 2015

The Indian Insolvency Regime in Practice – An Analysis of Insolvency and Debt

This paper analyses 45 cases of insolvency and bankruptcy resolution in order to measure the efficiency and problems of the present laws for firm bankruptcy in India. These cases have been selected t...

by Aparna Ravi | On 25 Nov 2015

Requiring Indian Utilities to Report: Harnessing Disclosure Legislation to Improve Water and Sanitation Services

The paper argues for a regular public reporting of key performance indicators by the WatSan utilities in India. It elaborates on how the policy behind these reforms could be operationalized.

by Premila Nazareth Satyanand | On 18 Nov 2015

Toward Better Global Poverty Measures

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

by Martin Ravallion | On 16 Nov 2015

Theories of Change in International Development: Communication, Learning or Accountability?

This paper provides a much needed analysis of how Theories of Change are used in the day-to-day practice of an international development organisation, The Asia Foundation. The Foundation uses the appr...

by | On 16 Nov 2015

Development Central Banking: A Review of Issues and Experiences

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

by | On 28 Oct 2015

Global Employment Trends for Youth 2015

The Global Employment Trends for Youth 2015 provides an update on key youth labour market indicators and trends, focusing both on the continuing labour market instability and on structural issues in y...

by | On 28 Oct 2015

Child-Related Financial Transfers and Early Childhood Education and Care

This paper examines policies for the support of families with children, in particular child-related financial transfers and early childhood education and care (ECEC) services. The analysis is mainly f...

by Mary Daly | On 21 Oct 2015

The Climate Summits: Only Pledges and No Reviews

This interview is with D Raghunandan of Delhi Science Forum on India’s pledge regarding climate changes negotiations in Paris. The pledge was recently revealed in the documents presented by Prakash J...

by D Raghunandan | On 20 Oct 2015

The Gender Dimensions of Pension Systems: Policies and Constraints for the Protection of Older Women

This paper documents the pervasiveness of women’s lack of income security in old age across a large number of countries, but also points to a number of important policy measures that can be taken to a...

by | On 20 Oct 2015

Impact of Migration on Poverty and Development

This paper reviews the literature on migration in South Asia, Southeast Asia, Southern Africa, East Africa and West Africa in order to highlight the complexity of migration patterns and impacts. It is...

by Tasneem Siddiqui | On 19 Oct 2015

Policy Tradeoffs in an Open Economy and the Role of G-20 in Global Macroeconomic Policy Coordination

In this paper the aim is to investigate the different nuances of India's capital account management through empirical analyses as well as descriptive discussions. In particular the study the evolution...

by Rajeswari Sengupta | On 19 Oct 2015

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

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

by Ajay Chhibber | On 16 Oct 2015

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

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

by Asian Development Bank Institute | On 16 Oct 2015

The Influence of Industry Financial Composition on the Exports from Pakistan

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

by Aadil Nakhoda | On 16 Oct 2015

Natural Interest Rate: Assessing the Stance of India’s Monetary Policy under Uncertainty

Using a theoretical framework that combines the essence of Ramsay’s growth model and the New-Keynesian macrodynamics, and applying the Kalman filter estimation technique, this paper finds that Indi...

by Harendra Behera | On 16 Oct 2015

Labour Market Reforms Since the Crisis: Drivers and Consequences

The paper analyses the determinants and effects of reforms of employment protection legislation (EPL), using a novel inventory that covers 111 developed and developing countries between 2008 and 2014....

by Clemente Pignatti Morano | On 15 Oct 2015

Indian Capitalism: A Case that doesn’t Fit?

This paper critically examines the ‘Varieties of Capitalism’ (VoC) School’s approach to constructing typologies of capitalisms with reference to the specific case of Indian capitalism. It emphasizes t...

by Surajit Mazumdar | On 14 Oct 2015

Book Review: Inventing the Way of the Samurai: Nationalism, Internationalism, and Bushido in Modern Japan

Review of Inventing the Way of the Samurai: Nationalism, Internationalism, and Bushido in Modern Japan. Oxford: Oxford University Press, 2014. 304 pp. Rs 6424 (Hardcover)

by Environmental Management & Policy Research Institute | On 14 Oct 2015

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

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

by | On 14 Oct 2015

Issues in the Analysis of Global Value Chains and Their Impact on Employment and Incomes in India

This paper deals with issues related to employment and income (decent work) that arise through the integration of Indian production into global value chains. The sectors looked into are labour-intensi...

by | On 12 Oct 2015

Labour, Globalization and Inequality: Are Trade Unions Still Redistributive?

Based on a newly-developed data set combining information on industrial relations and labour law, various dimensions of globalization, and controls for demand and supply of skilled labour, this paper...

by | On 12 Oct 2015

Development Goals in an Era of Demographic Change

The 2015-16 Global Monitoring Report, produced jointly by the World Bank and International Monetary Fund, details the progress the world has made towards global development goals and examines the impa...

by International Monetary Fund [IMF] | On 09 Oct 2015

Public Good Provision in Indian Rural Areas: The Returns to Collective Action by Microfinance Groups

Self-help groups (SHGs) are the most common form of microfinance in India. The authors provide evidence that SHGs, composed of women only, undertake collective actions for the provision of public good...

by | On 01 Oct 2015

Strategies for Tobacco Control in India: A Systematic Review

Tobacco control needs in India are large and complex. Evaluation of outcomes to date has been limited. The aim of this paper is to review the extent of tobacco control measures, and the outcomes of as...

by | On 30 Sep 2015

Rural Poverty Reduction Strategy for South Asia

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

by | On 30 Sep 2015

The Global Competitiveness Report 2015–2016

The Global Competitiveness Report 2015-2016 presents the rankings of the Global Competitiveness Index (GCI). The GCI is based on 12 pillars that provide a comprehensive picture of the competitiveness...

by | On 30 Sep 2015

The Effects of Climate Change on Internal and International Migration: Implications for Developing Countries

This synthesis paper informs the development community about the effects of climate change on migration patterns within and out of developing countries, concentrating on the economic aspects of migrat...

by | On 29 Sep 2015

Global Nutrition Report Actions and Accountability to Advance Nutrition and Sustainable Development

The Global Nutrition Report 2015 is a report card on the world’s nutrition globally, regionally, and country by country and on efforts to improve it. It assesses countries’ progress in meeting global...

by International Food Policy Research Institute | On 24 Sep 2015

Human Rights for All: International Covenant on Economic, Social and Cultural Rights

This Handbook is mainly for human rights practitioners who want to familiarise themselves with the International Covenant on Economic, Social and Cultural Rights (ICESCR) and use the human rights fram...

by | On 23 Sep 2015

Manufacturing or Services? An Indian Illustration of a Development Dilemma

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

by Amrit Amirapu | On 23 Sep 2015

Geo-economics: Seven Challenges to Globalization

This report from the World Economic Forum’s Global Agenda Council on Geo-economics maps out the challenges that current geo-economic trends pose for globalisation. Findings show that the rise in strat...

by | On 22 Sep 2015

Production, Market Structure and the Role of Public Policy: Foodgrains in the New Economy

Although India’s plans for market reforms and opening up agriculture with earnest optimism and anticipation, every step on the way was laced with caution and deliberation and every action was weighed...

by Nilabja Ghosh | On 21 Sep 2015

The Sunday Edit: A Depressing Malady

The rising incidence of suicides, and mental health problems in India, especially among youth, cannot be wished away. There is a critical need to recognise the malevolent neglect of the state of ment...

by Nikhil Govind | On 20 Sep 2015

Seventh, after Seven

Seven years after the financial crisis, countries have done well. India is also doing well but there is a lot of difference in the programmes announced and how they are implemented.

by T.N. Ninan | On 19 Sep 2015

BRICS Development Bank an Instrument for Globalization

The establishment of a development bank by the BRICS association of Brazil, Russia, India, China, and South Africa is being described by both proponents and opponents of globalization as a rebellion...

by | On 18 Sep 2015

Comparative Notes on Indian Experiences of Social Democracy: Kerala and West Bengal

This paper compares, in historical perspective, the conditions for democracy, economic development and well-being in India and Scandinavia. Within India, it compares the states of Kerala and West Beng...

by | On 16 Sep 2015

From India to the Gulf region: Exploring links between labour markets, skills and the migration cycle

Despite the substantial benefits generated by the migration flow between India-GCC migration flow, many challenges remain to ensure a fairer distribution of the profits. Much has been written on the a...

by | On 15 Sep 2015

Decentralized Local Governance and Citizen Participation in South Asia

This paper encompasses two major themes - local governance and citizens' participation in five neighbouring countries in South Asia, their trials, achievements and failures. Whether their experiences...

by | On 14 Sep 2015

Women, Business and the Law 2016: Getting to Equal

The report reveal the magnitude of the challenge that the world still faces in the quest for gender equality. This report promotes the cause of inclusion of women by informing research and policy disc...

by World Bank | On 11 Sep 2015

Making the Indian Budget: How Open and Participatory?

Open and participatory budget making is imperative for good governance; yet by international standards India fares badly on this count. This article analyses the process of budget preparation and...

by Vinod Bhanu | On 11 Sep 2015

Social Security for International Labour Migrants: Issues and Policy Options

Cross-border population movement, an indispensible feature of the current phase of globalisation, has led to significant changes in the migration landscape. Factors like temporisation of labour flows,...

by | On 09 Sep 2015

Basel III Implementation- Challenges for Indian Banking System

In India, Basel III capital regulation has been implemented from April 1, 2013 in phases and it will be fully implemented as on March 31, 2019. Do we need Basel III for a country like India? What are...

by N.S. Viswanathan | On 08 Sep 2015

Theories of Change in International Development: Communication, Learning, or Accountability?

Critically analysing assumptions is a much needed endeavour in international development policy and practice: existing management tools rarely encourage critical thinking and there are considerable po...

by | On 08 Sep 2015

Nursing Shortage in India with special reference to International Migration of Nurses

In any health system, the health worker determines the nature and quality of services provided. Data demonstrate that most health systems across the globe face nursing shortages, varying across region...

by | On 07 Sep 2015

Financial Inclusion in Asia: An Overview

This paper provides an analysis of financial development and inclusion in developing Asia using data from a wide array of sources. In terms of aggregate measures of financial development, the region a...

by | On 07 Sep 2015

Gender, Poverty, and Inequality: A Brief History of Feminist Contributions in the Field of International Development

This paper provides a brief history of feminist contributions to the analysis of gender, poverty, and inequality in the field of international development. It draws out the continuous threads running...

by Naila Kabeer | On 01 Sep 2015

Decent Work, Youth Employment and Migration in Asia

This paper discusses migration trends and issues concerning young people in Asia - a region hosting more than 60 per cent of world’s youth population and one third of the global number of young migran...

by | On 01 Sep 2015

Financial Market Regulation in India-Looking back, Looking Ahead

A broad assessment of the evolution of financial markets and the issues we are grappling with are given here. We can learn right lessons from other countries. There could be different view points and...

by Harun R Khan | On 31 Aug 2015

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

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

by Megan Gerecke | On 31 Aug 2015

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

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

by Lekha Chakraborty | On 25 Aug 2015

Employment and Inequality Outcomes in India

The report takes into account present scenario of urban poverty in India. Incidence of urban poverty can be attributed to lack of development as also to the nature and pattern of development. Importa...

by | On 25 Aug 2015

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

Aid Effectiveness in Cambodia

Development assistance contributes significantly to the development process of Cambodia. After the first General Election in 1993, there have been at least 35 official donors and hundreds of civil soc...

by Ek Chanboreth | On 25 Aug 2015

The WTO Agreement on Agriculture and Food Security

This study aims to help identify how a future multilateral agreement on agricultural trade can provide a secure framework within which developing countries can pursue effective policies to ensure thei...

by Stephen Devereux | On 21 Aug 2015

Youth Employment in Developing Countries

This report tries to address youth employment challenges, and suggests measures that countries will need an integrated approach involving different levels of government and linking with overall develo...

by | On 20 Aug 2015

South-South Cooperation: A Challenge to the Aid System?

It is essential to better understand the nature, shortcomings and potential of South-South development cooperation in order to inform and strengthen CSO advocacy for greater development effectiveness...

by The Reality of Aid Network | On 20 Aug 2015

Long Run Trends in Unemployment and Labor Force Participation in China

Unemployment rates in countries across the world are typically positively correlated with GDP. China is an unusual outlier from the pattern, with abnormally low, and suspiciously stable, unemployment...

by Shuaizhang Feng | On 19 Aug 2015

Mahatma Gandhi National Rural Employment Guarantee Act: A Catalyst for Rural Transformation

This report examines changes in the lives of rural households and in the rural economy against the backdrop of changes brought about by the programme. This research report addresses such challenging q...

by Sonalde Desai | On 13 Aug 2015

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

Economic Growth, Financial Development and Income Inequality

The central objective of the paper is to empirically examine the relationship between financial development and income inequality. Theoretically, there are grounds for both a positive and negative re...

by Donghyun Park | On 12 Aug 2015

Social Enterprises and Employment: Mainstreaming SMEs and Employment Creation

This paper argues that mainstreaming SMEs and SE into various international treaties will require the assumption of positive externalities which markets cannot fully evaluate. To show this, the possib...

by Leonardo Lanzona | On 12 Aug 2015

Pathways of Transnational Activism: A Conceptual Framework

This paper presents a novel analytical framework to study transnational activism in the context of today’s international governance architecture. While there is a considerable amount of literature on...

by Sabrina Zajak | On 07 Aug 2015

Quality and Accountability in Healthcare Delivery: Audit Evidence from Primary Care Providers in India

This paper presents direct evidence on the quality of health care in low-income settings using a unique and original set of audit studies, where standardized patients were presented to a nearly repres...

by Alaka Holla | On 04 Aug 2015

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

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

by | On 04 Aug 2015

IT Governance and IT Strategy: Board's Eye View

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

by Harun R Khan | On 04 Aug 2015

Foreign Investment in Hospital Sector in India: Trends, Pattern and Issues

This study examines the status of and trends in foreign investment inflow into the Indian hospital sector and highlights the emerging issues from 2000 to 2014, the era of liberalised foreign investmen...

by | On 31 Jul 2015

Globalizing Inequality: ‘Centrifugal’ and ‘Centripetal’ Forces at Work

Th is paper reassesses national income inequalities in this era of globalization. Th e main conclusion is that two opposite forces are at work: one ‘centrifugal’ at the two extremes of the distributio...

by | On 30 Jul 2015

Resolving the Food Crisis – Assessing Global Policy Reforms Since 2007

The report looks beyond the proclamations and communiqués to assess what has really changed since the crisis erupted. While not exhaustive, the report looks at: Overseas Development Assistance, both i...

by | On 30 Jul 2015

Trafficking in Persons Report

This report, produced by the United States of America's Department of State, catalogues the state of human trafficking as of 2015 across the world.

by Department of State United States of America | On 30 Jul 2015

Future and New Thoughts on Co-operative Banks

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

by R. Gandhi | On 29 Jul 2015

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

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

by | On 28 Jul 2015

Securitisation in India: Ambling Down or Revving up?

Financial sector’s primary role is intermediation between ultimate savers and ultimate investors. Initially, it was banks which were the intermediaries. As the financial sector evolved, other types of...

by R. Gandhi | On 21 Jul 2015

Can GDP-Linked Official Lending to Emerging Economies and Developing Countries Enhance Risk Management and Resilience?

This paper considers whether GDP-linked official external public debt can help address some of the challenges that developing countries face when managing international financial flows. GDP-linked off...

by United Nations Development Programme UNDP | On 20 Jul 2015

Banking on Non-solutions

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

by T.N. Ninan | On 18 Jul 2015

World Social Protection Report 2014/15

Social protection policies play a critical role in realizing the human right to social security for all, reducing poverty and inequality, and supporting inclusive growth – by boosting human capital an...

by International Labour Organisation ILO | On 17 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

Creating Manufacturing Jobs in India: Has Openness to Trade Really Helped?

After following inward oriented economic policies for nearly four decades, India opened up to international trade in the early 1990s. Since then, the trade integration of the Indian economy in general...

by Pankaj Vashisht | On 16 Jul 2015

Book Review : Diplomatic Games: Sport, Statecraft, and International Relations since 1945

Review of Diplomatic Games: Sport, Statecraft, and International Relations since 1945. Lexington: University Press of Kentucky, 2014. 496 pp. Rs. 2268/- Hardcover, ISBN 978-0-8131-4564-8.

by J. Simon Rofe | On 15 Jul 2015

Financial Frauds-Prevention: A Question of Knowing Somebody

Banks and financial institutions are easy prey to fraudsters. As long as banks and financial institutions handle huge sums of money as financial intermediaries they will always be the target of ingeni...

by R. Gandhi | On 06 Jul 2015

Can Foreign Banks Contribute to Financial Inclusion?

If the entry of foreign banks results in a concentrated banking sector, as has been the case in several Central and Eastern European countries, then the goals of achieving financial inclusion are adve...

by Ramkishen S. Rajan | On 05 Jul 2015

The Sunday Edit: Tragedy of the Grecian Dilemma

Greek negotiations are more political than economic. Contrary to popular opinion, Greece has actually done quite well in terms of its macro fundamentals. And the case for imposing austerity measures...

by Saugata Bhattacharya | On 05 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

Financial Education in Asia: Assessment and Recommendations

This paper assesses the case for promoting financial education in Asia. It argues that the benefits of investing in financial education can be substantial. Data are limited, but indicate low financial...

by | On 29 Jun 2015

Reflections on India's Emergence in the World Economy

This paper attempts to capture how India embraced the world economy against the backdrop of the evolving domestic and international economic policy environment. It began with a brief overview of the...

by | On 24 Jun 2015

The Hunger and Nutrition Commitment Index (HANCI 2012): Measuring the Political Commitment to Reduce Hunger and Undernutrition in Developing Countries

The Hunger and Nutrition Commitment Index (HANCI 2012) measure what governments achieve and where they fail in addressing hunger and undernutrition providing greater transparency and public accountabi...

by | On 23 Jun 2015

Out-Of-Pocket (OOP) Financial Risk Protection: The Role of Health Insurance

Though health has been considered a fundamental human right since the Alma Ata Declaration in 1978, still a significant proportion of world population don’t get access to basic healthcare simply due t...

by S Madheswaran | On 22 Jun 2015

Culture’s Influence: Regionally Differing Social Milieus and Variations in Fertility Rates

This paper analyzes two social milieus in southern Germany and argues that variations in their fertility rates can only be understood through their cultural differences. Family extension patterns as w...

by | On 17 Jun 2015

World Report on Child Labour 2015: Paving the Way to Decent Work for Young People

The second volume of the ILO World Report on Child Labour series highlights the close linkages between child labour and good youth employment outcomes, and the consequent need for common policy approa...

by | On 12 Jun 2015

In Search of a Model Land Legislation the New Land Acquisition Bill and its Challenges

The draft Land Acquisition and Rehabilitation and Resettlement Bill, which was introduced in the Lok Sabha on September 7, 2011 is one of the most important legislations waiting for Parliamentary appr...

by Niranjan Sahoo | On 05 Jun 2015

Tailor-Made Lives: Accidents and Discontent among the Garment Industry Workers in Udyog Vihar, Haryana

On 12 February 2015, hundreds of workers of garment factories at Udyog Vihar, Gurgaon, came out on the streets and pelted stones at some of the garment factory buildings in response to the rumour of t...

by PUDR Peoples Union for Democratic Rights | On 05 Jun 2015

Impact of Interbank Liquidity on Monetary Transmission Mechanism: A Case Study of Pakistan

The transmission mechanism of policy-induced changes are is analysed in the discount rate and required reserves in Pakistan. The results suggest that the pass through to the lending rate is complete f...

by Muhammed Omar | On 05 Jun 2015

The Dance of the Elephant and the Dragon: The Promise and Perils of Sino-Indian Relations

India and China, two of the world's oldest civilisations, have had little historically relevant interactions with one other. Separated by the world's highest mountain range, the Himalayas, neither of...

by Himanil Raina | On 04 Jun 2015

Land Markets, Government Interventions, and Housing Affordability

Urban population growth and economic growth require cities to expand into the agricultural land on their periphery. How much land is required for this extension? How much planning and direct intervent...

by Alain Bertaud | On 01 Jun 2015

Report of Sub Group-V on International Cooperation and Law

The present report is an attempt to focus on how our national policies and programmes can be better appreciated and reflected in the country’s obligations and commitments to the various international...

by Planning Commission | On 25 May 2015

Report of the XII Plan Working Group on Natural Resource Management and Rainfed Farming

The Working Group recognises the need for enhanced, inclusive and sustainable growth in rainfed areas. It identifies factors contributing to instability in production system under rainfed conditions e...

by Planning Commission | On 20 May 2015

India Development Update : Towards a Higher Growth Path

The India Development Update for April 2015 has two main aims. First, it reports on the key developments over the past six months in India's economy, and places these in a longer term and global conte...

by World Trade Organisation | On 18 May 2015

Globalisation and Child Labour: Evidence from India

Child labour is a complex problem basically rooted in poverty. The Government of India has formulated policies since the economic reforms of the early 1990s. Children under fourteen comprise 3.6 per c...

by Mita Bhattacharya | On 14 May 2015

ASEAN and Conflict Management: The Need for a High Council

This year the Association of Southeast Asian Nations (ASEAN) will formally establish the ASEAN Community, which is set to enhance regional community building among its member states. Ramses Amer makes...

by | On 13 May 2015

IMI- Konnect, Volume 4, Issue 4

The April 2015 issue of IMI Konnect contains the following articles - “A Grand Design”, by Rajat Kathuria; “Budget 2015-16 and India's “Vishva Guru”; Dream”, by Vighneswara Swamy; “Micro Vs Macro Impa...

by IMI Konnect | On 08 May 2015

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

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

by World Bank | On 27 Apr 2015

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

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

by Asian Development Bank Institute | On 22 Apr 2015

Compendium of State Policies from the Perspective of Climate Change Mitigation

The report documents compendium of state policies from perspective of climate change mitigation with findings such as many states endowed with rich natural resources are naturally very environment fri...

by | On 21 Apr 2015

International Perspectives on Network Neutrality

This issue of Global Media Journal - Canadian Edition spotlights international perspectives on network neutrality focusing on the politics, policies and practices of network management. Contents - Int...

by | On 15 Apr 2015

The National Food Security Act (NFSA) 2013 - Challenges, Buffer Stocking and the Way Forward

The paper empirically maps the annual distribution commitment (61.43 MMTs) of the government with the procurement pattern of rice and wheat, for each quarter, to estimate the quarterly operational sto...

by Shweta Saini | On 01 Apr 2015

Asian Development Outlook 2015 Financing Asia’s Future Growth

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

by Asian Development Bank Institute | On 01 Apr 2015

Situating Labour in the Global Production Network Debate: As if the ‘South’ Mattered

The basic purpose of this paper is to contextualise and highlight the issue of labour and working conditions in industries in the global South engaged in subcontracting operations under the control of...

by Keshab Das | On 31 Mar 2015

Two Decades of Indian Microfinance: Trajectory and Transformation

This paper critically reviews the major trends in the trajectory of evolution of Indian microfinance since the early 1990s. The debates on Indian microfinance reflect the myriad imaginations and perc...

by | On 31 Mar 2015

The Impossible Trinity: Where does India stand?

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

by Satish Y Deodhar | On 30 Mar 2015

Financial Inclusion, Poverty, and Income Inequality in Developing Asia

Understanding the link between financial inclusion, poverty, and income inequality at the country level will help policymakers design and implement programs that will broaden access to financial serv...

by | On 27 Mar 2015

Women’s Autonomy and Experience of Physical Violence Within Marriage in Rural India: Evidence From a Prospective Study

Evidence regarding the relationship between married women’s autonomy and risk of marital violence remains mixed. Moreover, studies examining the contribution of specific aspects of women’s autonomy in...

by | On 26 Mar 2015

Developing the Financial Sector and Expanding Market Instruments to Support a Post-2015 Development Agenda in Asia and the Pacific

The study discusses complementary initiatives in terms of legal and regulatory reforms necessary to sustainably support market-oriented financing options. Given market orientation, the paper is comple...

by | On 24 Mar 2015

IMI-Konnect, Volume 4, Issue 3

The March 2015 issue of IMI Konnect contains the following articles - “Perceptions on Financial Inclusion”, by Basabi Bhattacharya; “Does Innovation Lie in the Eyes of the Beholder?”, by Devjani Chatt...

by IMI Konnect | On 23 Mar 2015

India and the MDGs: Towards a Sustainable Future for All

India has made notable progress in achieving poverty reduction and other Millennium Development Goals (MDGs) since their adoption at the turn of the century but this progress has been uneven and milli...

by United Nations Economic and Social Commission (UNESCAP) | On 19 Mar 2015

Bhutan: Making Progress on the Path to Prosperity

his country brief highlights how ADB operations have helped support Bhutan’s efforts in advancing socioeconomic development. Since Bhutan became a member in 1982, ADB has provided $486.29 million i...

by Asian Development Bank Institute | On 17 Mar 2015

Free Trade Agreements: Frequently Asked Questions (FAQs)

This FAQ is intended to be a ready reckoner for trade and industry including their associations and bodies; students of international trade, academicians, trade researchers etc for understanding the s...

by | On 16 Mar 2015

Regional Disparities in Growth and Human Development in India

This paper argues that that per capita income in all states in India increased in the past four decades but in fact no sign of convergence could be visible as it was expected in the context of liberal...

by | On 13 Mar 2015

Financial Access - Measurement and Determinants: A Case Study of Unorganised Manufacturing Enterprises in India

This paper attempts to study financial access of unorganized manufacturing enterprises in India given their importance to the economy and the fact that finance has been the main constraint on their gr...

by T.A. Bhavani | On 12 Mar 2015

Global Imbalances and Bretton Woods II Postulate

The paper intends to revisit this argument, particularly in the light of the change in deficits and surpluses in the world economy. The paper tries to trace the genesis of BWII to the debates which or...

by Krishnakumar S | On 10 Mar 2015

Women in Indian Labour Market - Emerging Options

Expanding women’s access to the labour market and enhancing their employability, apart from all its other impact, contributes to the GDP substantially. It is important to generate creative partnership...

by G.D Bino Paul | On 10 Mar 2015

Women and the Future of Work: Beijing + 20 and Beyond

Despite significant progress since the 4th World Conference on Women in Beijing in 1995, women continue to experience widespread discrimination and inequality in the workplace. Twenty years later the...

by International Labour Organisation ILO | On 09 Mar 2015

Economic Policy for Revival of Mining

There is a need for public policy revival in mining sector as its contribution to GDP is declining. India has coal reserves but it is one of the highest importers of coal in the world. There is a need...

by Lekha Chakraborty | On 24 Feb 2015

Inclusive Water Governance: a Global Necessity. Lessons from India

Efficient water management has emerged as a critical challenge of environmental protection and human security in the twenty-first century. Lack of water management affects the hydrological cycle of th...

by | On 24 Feb 2015

Report of the High Powered Expert Committee on Making Mumbai an International Financial Centre (Percy Mistry Report)

In the recent decade, India has made significant strides in the financial sector. Some of the important developments are strengthening of banks, de-regulation of interest rates and sector competition...

by Ministry of Finance | On 19 Feb 2015

Policy Framework for Finance SEZs

India is a large user of financial services, by virtue of a large and growing GDP and a high rate of investment and savings. At present, India is con- suming financial services produced onshore as wel...

by Ministry of Finance | On 19 Feb 2015

Financial Inclusion: Need for Differentiation between Access and Use

With no financial capacity to save and invest, a dismal record of use of bank accounts and the severe lack of trust in the current model of using business correspondents, it is extremely difficult to...

by | On 16 Feb 2015

Financial Access - Measurement and Determinants: A Case Study of Unorganised Manufacturing Enterprises in India

This paper attempts to study financial access of unorganized manufacturing enterprises in India given their importance to the economy and the fact that finance has been the main constraint on their gr...

by T.A. Bhavani | On 09 Feb 2015

Sri Lankan Presidential Election at a Glance

This brief is review of an electoral analysis of Sri lanka Presidential Elections. Paper discusses the various measures of failure on the part of the Rajapaksa government and strategies for new govern...

by Saman Kelegama | On 09 Feb 2015

Determinants of Regional Patterns of Manufacturing Exports: Indian Firms since the Mid-1990s

A preliminary analysis of the spatial determinants of firms’ export activities by Indian states has been undertaken in this study. Thus, the present study attempts to fill the gap by focusing on issue...

by Jaya Prakash Pradhan | On 06 Feb 2015

Parliament’s Role in Financial Oversight

This note presents an analysis of Parliament’s role of financial oversight and examines how to strengthen it. It highlights gaps and solutions to improve the existing structures affecting budgetary an...

by Apoorva Shankar | On 30 Jan 2015

Redistributive Policies for Sustainable Development: Looking at the Role of Assets and Equity

The paper distinguishes between the stock of income generating assets such as human capital and wealth and deriving income flows in order to clarify the differences between growth-equity trade off deb...

by Pierre Kohler | On 28 Jan 2015

Special Financial Incentive Schemes for the Girl Child in India: A Review

In order to improve the survival and welfare of girls and to reverse the distorted sex ratio at birth, both the national and state governments have launched special financial incentive schemes for gir...

by T.V Sekher | On 23 Jan 2015

Agribusiness Franchising in India: Experience and Potential

This paper locates the rationale for franchising in agribusiness from global literature and from the Indian smallholder agricultural context where other ways of reaching small farmers or linking them...

by Sukhpal Singh | On 23 Jan 2015

World Employment and Social Outlook - Trends 2015

Formerly entitled Global Employment Trends, the World Employment and Social Outlook – Trends 2015 includes a forecast of global unemployment levels and explains the factors behind this trend, includin...

by International Labour Organisation ILO | On 22 Jan 2015

Profits and Poverty: The Economics of Forced Labour

A better understanding of the socio-economic root causes and a new assessment of the profits of forced labour are important to bringing about long-term change. This report highlights how forced labour...

by International Labour Organisation ILO | On 19 Jan 2015

Economic Sociology and Political Economy: A Programmatic Perspective

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

by Jens Beckert | On 18 Jan 2015

Living through Crises : How the Food, Fuel, and Financial Shocks Affect the Poor

The food, fuel, and financial crises that started in 2008 reverberated throughout the global economy, causing job losses; poverty; and economic, financial, and political upheaval in countries all...

by | On 13 Jan 2015

China and Its Peripheries: Contentious Relations with North Korea

This brief discusses China's political, economic, territorial, and security relations with North Korea. It suggests that although China remains North Korea's most important ally as well as its biggest...

by | On 26 Dec 2014

Food and Nutrition Security Status in India: Opportunities for Investment Partnerships

Ensuring food and nutrition security is a challenge for India, given its huge population and high levels of poverty and malnutrition. India is a net agricultural exporter, particularly of milk, fruit...

by T. Nanda Kumar | On 18 Dec 2014

A Nutrition Secure India: Role of Agriculture

India continues to suffer from under-nutrition among large sections of its population. The country is unlikely to realise the first millennium development goal by 2015. How can agriculture be us...

by Suneetha Kadiyala | On 18 Dec 2014

Price Movements for Rice and Wheat: A Structuralist Policy Perspective

This paper examines the price movements in rice and wheat, following structuralist principles emphasizing the necessity of long term solutions in combination with short and medium term management. How...

by K U Gopakumar | On 17 Dec 2014

Impediments to Contract Enforcement in Day Labour Markets: A Perspective from India

This paper focuses on one such setting in India's urban informal economy: the 'day labour' market for casual labour. We survey seven such markets in Navi Mumbai (a city on the outskirts of Mumbai),...

by Karthikeya Naraparaju | On 12 Dec 2014

Food Price Subsidies and Nutrition: Evidence from State Reforms to India’s Public Distribution System

It investigate whether food price subsidies affect household nutrition using a dramatic expansion of the availability of subsidized rice in the Indian state of Chhattisgarh in the early 2000’s. Hous...

by Prasad Krishnamurthy | On 28 Nov 2014

Poverty-Hunger Divergence in India

The usual explanations for the divergence between calorie intake and consumption expenditure in India ignore the enormous squeeze on food budgets arising from dispossession (leading to loss of a...

by Deepankar Basu | On 28 Nov 2014

Agricultural Transformation and Food Security in India: Lessons for Southeast Asia

This article seeks firstly to look at the three aspects of food security in India, viz., food availability, accessibility, and absorption. Secondly, an attempt has been made to study food security in...

by Reshmi Banerjee | On 27 Nov 2014

Enhancing the Nutrition-Sensitivity of Agricultural Development Interventions in the Eastern Gangetic Plains: Challenges and Options

This background paper aims first is to outline the rationale and merits for enhancing the nutrition-sensitivity of agricultural interventions in general, highlighting recognised pathways which lin...

by Toni Darbas | On 20 Nov 2014

Global Nutrition Report 2014

This Global Nutrition Report is the first in an annual series. It tracks worldwide progress in improving nutrition status, identifies bottlenecks to change, highlights opportunities for action, and co...

by Independent Expert Group (IEG) | On 17 Nov 2014

Myth of Chinese Labour Flexibility

India has been a land of myths. Industrial relations are no exception to this trend. The arguments in the name of supporting the chorus for labour law and governance reforms, when reviewed carefully w...

by K.R. Shyam Sundar | On 14 Nov 2014

Prioritizing Demand-Driven Agricultural Research for Development in India

India has shown an impressive economic growth of about 8 percent per year in the last decade. But the coexistence of impressive growth with widespread poverty and hunger is a real worry and a seri...

by Asia-Pacific Association of Agricultural Research Institutions | On 12 Nov 2014

Urbanization

Urbanisation in India is neither unique nor exclusive but is similar to a world-wide phenomenon. Indian urbanisation has proceeded as it has elsewhere in the world as a part and product of economic ch...

by K.C. Sivaramakrishnan | On 11 Nov 2014

Criss-Crossing Globalization: Uphill Flows of Skill-Intensive Goods and Foreign Direct Investment

This paper documents an unusual and possibly significant phenomenon: the export of skills, embodied in goods, services or capital from poorer to richer countries. A set of stylized facts is presente...

by Aaditya Mattoo | On 06 Nov 2014

Analysis of Criminal and Financial Details of Candidates and MLAs from Jharkhand: Based on 2009 Assembly Elections

Jharkhand Assembly elections 2009 were held in five phases from November 16, 2009 to December 13, 2009. This report includes the analysis of voting trends, criminalization, money power, gender etc in...

by Association for Democratic Reforms ADR | On 05 Nov 2014

Youth Employment in the Philippines

Youth unemployment and the difficulty of transiting from school to work has been a persistent and significant problem not just in the Philippines, but throughout the Southeast Asia and the Pacific. Th...

by Mark Canlas | On 04 Nov 2014

Labour Market Transitions of Young Women and Men in Bangladesh

During the last decade, Bangladesh maintained a stable growth rate of around 6 per cent, and gross domestic product (GDP) doubled in the period 2000–12. Unfortunately, economic growth has not translat...

by Kazi Ali Toufique | On 31 Oct 2014

International Migration and Development in East Asia and the Pacific

The East Asia and Pacific (EAP) region has an international emigrant population of more than 21 million people who remitted US$112 billion to their home countries in 2013. The region also hosts more t...

by Ahmad Ahsan | On 31 Oct 2014

Employment for Youth – A Growing Challenge for the Global Community

Social and economic challenges facing young people today must be understood in terms of the complex interaction between unique demographic trends and specific economic contexts. There has been an...

by Ragui Assaad | On 27 Oct 2014

Eclipse: Living in the Shadow of China’s Economic Dominance

In this book, Arvind Subramanian presents the following possibilities: What if, contrary to common belief, China's economic dominance is a present-day reality rather than a faraway possibility? What i...

by Arvind Subramanian | On 20 Oct 2014

The Soya Project: Farm Evangelists

In 2008, two earnest young men set out to boost soya bean yields in the semi-arid region of Bundi in Rajasthan. Rainfall there is meagre and the soil lacks nutrients. But there are ready buyers for so...

by Civil Society | On 20 Oct 2014

Four Changes to Trade Rules to Facilitate Climate Change Action

The tension between trade and climate change has arisen in part because of the assumption that climate change action (e.g., carbon price increases) can be taken as a given. The question that many pape...

by Aaditya Mattoo | On 20 Oct 2014

Criss-Crossing Migration

The current perspective on the flow of people is almost exclusively focused on permanent migration from poorer to richer countries and on immigration policies in industrial countries. This perspective...

by Aaditya Mattoo | On 20 Oct 2014

Aspects of Youth Education, Gender Equality and Empowerment in the Caucasus and Central Asia

Increasing unemployment of youth and a poor quality of youth employment are among the key problems of the modern labour market. According to the ILO, the number of unemployed youth aged 15 to 24 has b...

by Marina Baskakova | On 16 Oct 2014

Fighting Child Malnutrition

India has the dubious distinction of having the highest burden of malnutrition in the world – higher than Sub-Saharan Africa. Nearly 50 per cent of our children are underweight and stunted and 70...

by National Academy of Agricultural Sciences, India | On 16 Oct 2014

Role of Financial Sector in Spurring Growth and Expanding Financial Inclusion in North Eastern Region

The present speech analyses the significant role which can be played by the financial sector in spurring growth and expanding financial inclusion in NER. [CII Banking Collagium in Kolkata].

by P. Vijaya Bhaskar | On 13 Oct 2014

Statistics in the Reserve Bank of India

RBI has taken several steps to improve the processing of data. Information system will also be enhanced very soon. [Remarks at Reserve Bank of India at the 8th Statistics Day Conference, Mumbai].

by Deepak Mohanty | On 30 Sep 2014

Indian Development Cooperation: the State of the Debate

India’s recent development cooperation activities with the South have provoked global curiosity. Two factors shape this interest. First, the strong growth of some countries like India, China and Brazi...

by Sachin Chaturvedi | On 18 Sep 2014

Food Security and Nutrition: Vision 2020

The concept of food security has undergone considerable changes in recent years. Food availability and stability were considered good measures of food security till the seventies and the achievement o...

by K. Venkata Reddy | On 18 Sep 2014

Labour Market Transitions of Young Women and Men in Asia and the Pacific

This report presents the results of the School-to-work transition surveys (SWTS) implemented in five countries in the Asia-Pacific region – Bangladesh, Cambodia, Nepal, Samoa and Viet Nam – in 2012 or...

by International Labour Organisation ILO | On 18 Sep 2014

Cutting Through the Haze: Will Singapore’s New Legislation Be Effective?

Singapore has passed legislation to hold actors accountable for fires causing transboundary haze. This demonstrates a new level of proactivity from a haze-affected state, and reveals both Singaporean...

by Jackson Ewing | On 18 Sep 2014

Economic and Financial Outlook

A picture about the macroeconomy that is, the world economy and the domestic economy is given. The two recent regulatory measures are given here. [FICCI/IBA Annual Banking Conference].

by Raghuram G. Rajan | On 18 Sep 2014

SEWA: Supporting Village-Level Organizations to Improve Rural Livelihoods

In spite of the rapid growth of the Indian economy, the fraction of the rural population living in poverty has declined only modestly. Increasing indebtedness, rises in input prices, and rapid commerc...

by Raj M. Desai | On 17 Sep 2014

Scaling up Agricultural Supply Chains in the Private Sector

This brief is one of series on scaling up in agriculture, rural development, and nutrition. PepsiCo is a global business operating in more than 200 countries and territories and rooted in creating and...

by Beth Sauerhaft | On 17 Sep 2014

Gossip: Identifying Central Individuala in a Social Network

It is shown that boundedly-rational individuals can, simply by tracking sources of gossip, identify those who are most central in a network according to “diffusion centrality,” which nests other stan...

by Abhijit Banerjee | On 20 Aug 2014

Unravelling India’s Inflation Puzzle

From 2003, the Indian economy enjoyed a boom in growth coupled with moderate inflation for five years. The economy grew at a rate close to 9 percent per year, until it was punctured by the global fina...

by Pankaj Kumar | On 19 Aug 2014

Finance and Opportunity in India

One of the greatest dangers to the growth of developing countries is the middle income trap, where crony capitalism creates oligarchies that slow down growth. If the debate during the elections is any...

by Raghuram G. Rajan | On 13 Aug 2014

Integrated Health and Microfinance in India, Volume II: The Way Forward

Integrated Health and Microfinance in India: The Way Forward is a follow-up report that highlights the context of integration of health and microfinance in light of India’s journey towards universal h...

by Somen Saha | On 11 Aug 2014

Budget 2014-15: The Continuing Neglect of the 'Rural'

The Union Budget remains significant for the agricultural sector in the country for at least the following two reasons. First, the budget comes in the background of an agrarian crisis in the country,...

by Arindam Banerjee | On 04 Aug 2014

Women and Science Education in India : A Saga of Marginalization

Science has traditionally been a male preserve. Socio-religious prejudices kept science education out of bounds for vast majority of women in India. Even today underrepresentation of women in science...

by Paromita Ghosh | On 29 Jul 2014

Who Goes? Failures of Marital Provisioning and Women's Agency among Less Skilled Emigrant Women Workers from Kerala

This paper draws upon a selection of narratives from interviews with over 150 less skilled emigrant and returnee women workers from Trivandrum district to argue that the conditions that structure i...

by Praveena Kodoth | On 14 Jul 2014

Article 2 and Government Budgets

Governments’ budgets are fundamentally about people’s human rights. Budgets are the central means by which governments can help realize their people’s access to quality education, decent health care s...

by International Budget Partnership IBP | On 10 Jul 2014

The Role of Data in Addressing Violence against Women and Girls

This brochure describes, advocates and defenders of women’s and girls’ safety and rights, as well as international agencies, national policymakers and donors, need to understand the nature and magnitu...

by United Nations Population Fund UNFPA | On 07 Jul 2014

India's Public Distribution System: A National and International Perspective

This study examines the impact of India's Public Distribution System (PDS) on poor households in terms of income gains, reductions in the incidence and severity of poverty, as well as nutritional impr...

by R. Radhakrishna | On 07 Jul 2014

Gujarat Gender Budget Statement 2014-15

As per census 2011, there are 289.48 lakh women and girls in the state of Gujarat, comprising 47.90 per cent of total population. “Gender Budget 2014-15” shows financial allocations for women in vario...

by Ministry of Finance Government of Gujarat | On 03 Jul 2014

Gossip: Identifying Central Individuals in a Social Network

The paper examines individuals’ abilities to identify the highly central people in their social networks, where centrality is defined by diffusion centrality (Banerjee, Chandrasekhar, Duflo, and Jacks...

by Abhijit Banerjee | On 19 Jun 2014

World Social Protection Report 2014/15 - Building economic recovery, inclusive development and social justice

This ILO flagship report: (i) provides a global overview of the organisation of social protection systems, their coverage and benefits, as well as public expenditures on social security; (ii) followin...

by International Labour Organisation ILO | On 17 Jun 2014

The Market Valuation of Innovation: The Case of Indian Manufacturing

The relationship between market value and innovation in the context of manufacturing firms in India was analysed, using data for 2001-2010. In a milieu where most firms do not patent, the concern was...

by Sunil Kanwar | On 10 Jun 2014

Child labour in India

To study the various definitions of a child as highlighted under the Constitution as well as under various other legislations and compare the various objectives which led to the differential criteria...

by Mubashshir Sarshar | On 09 Jun 2014

Globalisation, Child Labour and Development Policies: A Theoretical Analysis

Incidence of child labour is a disturbing feature of an emerging market econ¬omy. In the present article, the authors try to explore whether globalization policies, namely, agricultural trade liberali...

by Rakhi Banerjee | On 09 Jun 2014

The Global Labour Standards Controversy: Critical Issues for Developing Countries

This policy study seeks to move the debate on labour standards beyond the present stalemate onto a more constructive plane. While closely examining the economic arguments in this controversy, it is al...

by Ajit Singh | On 09 Jun 2014

Economics, Education and Unlearning

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

by Post Crash Economic Society | On 30 May 2014

“My Sleep is my Break”: Exploitation of Migrant Domestic workers in Qatar.

This report focuses on women in Qatar's domestic work sector. Amnesty International interviewed 52 women working as domestic workers in Qatar during research visits to the country. The bulk of the int...

by Amnesty International AI, | On 26 May 2014

Contractual Solutions for Migrant Labourers: The Case of Domestic Workers in the Middle East

This article discusses domestic and international responses to the issue of abuse of female domestic workers in the Middle East, and concludes that a standard working contract, such as that in use in...

by Gwenann S. Manseau | On 26 May 2014

Organised Labour and Economic Liberalisation India: Past, Present and Future.

This paper examines the role of organised labour in India in a structural and historical context. It attempts to trace the economic, political and social effects of the trade union movement and its st...

by Debashish Bhattacharjee | On 23 May 2014

Growth and Structure of Employment in India: Long term and Post Reform Performance and the Emerging Challenge

This paper describes the growth and structural changes in employment in the long and short periods, with a special focus on the period since economic liberalisation. It assesses the employment challen...

by T. S. Papola | On 23 May 2014

Globalization Comes Home: Protecting Migrant Domestic Workers’ Rights

In the hopes of earning money for a better life, and with few other alternatives, millions migrate to big cities or across borders to work as live-in nannies, caretakers for the elderly, and house-cle...

by Nisha Varia | On 08 May 2014

Overcoming Barriers: Human Mobility and Development

The report investigates migration in the context of demographic changes and trends in both growth and inequality. It also presents more detailed and nuanced individual, family and village experiences,...

by Jeni Klugman | On 06 May 2014

Too many missed opportunities: Human rights in Afghanistan under the Karzai administration

This report presents an assessment of the human rights record of President Hamid Karzai’s administration, following the ousting of the Taliban. Amnesty International has evaluated overall trends of pr...

by Amnesty International AI, | On 11 Apr 2014

Micro, Small, and Medium Enterprise Finance: Improving Access to Finance for Women-owned Businesses in India

This report aims to assess the gap in demand and supply of finance, highlight the opportunity in serving women entrepreneurs, and catalogue initiatives taken by financial institutions in access to f...

by International Finance Corporation | On 13 Mar 2014

Enhancing The Competitiveness Of Smes Through Industrial Clusters: The Indian Experience

The Indian economy is expected to grow by over 8 per cent per annum until 2020 and can become the second largest in the world, ahead of the United States, by 2050, and the third largest after China an...

by S.P. Parashar | On 11 Mar 2014

Railway Budget 2014-15

Speech of Shri Mallikarjun Kharge introducing the Railway Budget 2014-15.

by Mallikarjun Kharge | On 14 Feb 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

India’s Development Cooperation: Charting New Approaches in a Changing World

This report first briefly delves into the historical context within which India's development cooperation must be seen and the role, objectives and the functioning of the DPA is explained. The report...

by Vivan Sharan | On 21 Jan 2014

India and International Sanctions: Delhi's Role as a Sanctioner

Over the years, sanctions have emerged as a preferred foreign-policy tool for many States, especially in the West. Sanctions serve a number of purposes, including the application of economic and polit...

by Rishika Chauhan | On 21 Jan 2014

Asian Development Bank Sustainability Report

The Asian Development Bank (ADB) Sustainability Report has been issued every 2 years since 2007. The current Sustainability Report contains selected performance highlights of ADB’s operations and corp...

by Asian Development Bank Institute | On 20 Jan 2014

Governance and Development Outcomes in Asia

The relationship between governance and economic development is one of the most important areas of research in international development. Much of the previous literature has focused on whether better...

by Kunal Sen | On 20 Jan 2014

Political Stability and Economic Growth in Asia

This paper has investigated the effects of various factors of political instability on economic growth in selected ten Asian economies during 1990-2005. The empirical findings show a close relationshi...

by Muhammad Younis | On 28 Nov 2013

Migrants' Private Giving and Development: Diasporic Influences on Development in Central Gujarat, India

The paper addresses the migration-development debate by developing a framework for understanding who are the migrants, what they are sending back, and how these transfers are being utilised in the lo...

by Puja Guha | On 28 Nov 2013

The Dark Side of Migration

Qatar’s population is growing at a truly staggering rate. Between August 2012 and August 2013 it grew by 10.5 per cent. This growth is driven primarily by the recruitment of low-paid migrant workers...

by Amnesty International AI, | On 19 Nov 2013

Migrant Workers’ Rights to Social Protection in ASEAN: Case Studies of Indonesia, Philippines, Singapore and Thailand

The UN estimates that there are 214 million migrants globally (IOM, 2010), making up 3% of the world’s total population. Increasing rapidly, the number of migrants globally could exceed 400 million by...

by FREDRICH STIFTUNG | On 15 Nov 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

Globalization and Gender Justice

Globalization makes all products costlyfor workers. Canadian women face same problems as women in India. They face domestic violence, sexual harassment at work place.

by Lorraine Michael | On 25 Oct 2013

Asymmetric Information and Middleman Margins: An Experiment with West Bengal Potato Farmers

A study middleman margins, trading mechanisms and the role of asymmetric information about prices between potato farmers and local trade intermediaries, in West Bengal, India is conducted. Farmers in...

by Sandip Mitra | On 23 Oct 2013

Remittance Needs and Opportunities in India

This report synthesises a national study on domestic migration and remittance flows, four migration corridor studies, and an analysis of the Indian payment system with respect to small money transfe...

by Y S P Thorat | On 22 Oct 2013

Comparing Urbanization in India and China: A Study

China and India are in the vanguard of a wave of urban expansion that is restoring the global prominence that Asia enjoyed before the European and North American industrial revolution. Never before i...

by Richard Dobbs | On 15 Oct 2013

Welfare and Poverty Impacts of India’s National Rural Employment Guarantee Scheme: Evidence from Andhra Pradesh

India’s National Rural Employment Guarantee Scheme (NREGS) is one of the largest public works programs globally. Understanding the impacts of NREGS and the pathway through which its impacts are realiz...

by Songqing Jin | On 14 Oct 2013

Financial Literacy among Working Young in Urban India

The paper reports investigation of a study on the influence of various socio-demographic factors on different dimensions of financial literacy among the working young in urban India. While the influe...

by Sobhesh Kumar Agarwalla | On 14 Oct 2013

Envisioned Scope and Challenges of National Food Security Bill

National Food Security Bill (NFSB) aims to make food easily accessible at affordable prices to people. But there are operational and financial difficulties in implementing this.

by Sweety Thomas | On 07 Oct 2013

A Study on Fiscal Space

In the study states’ finances is analysed to see whether all states have been able to create a fiscal space and whether their fiscal capacities have increased over time. Then the states’ spending is l...

by Kim Robin | On 23 Sep 2013

Measuring International Remittances in India: Concepts and Empirics

India is the top remittance receiving nation in the world. The international remittance receipts in India have grown at an impressive rate of 300 per cent during the past decade. Understanding the tru...

by Puja Guha | On 13 Sep 2013

Improving Public Financial Management in India: Opportunities to Move Forward

In recent years the role of a sound PFM system to achieve the objectives of fiscal discipline, strategic planning, and improved service delivery has been getting increasing public attention in India....

by Pratap Ranjan Jena | On 12 Sep 2013

Statement by Dr. Raghuram Rajan

Statement by Dr. Raghuram Rajan on taking office on September 4, 2013. [RBI Press release].

by Sabeeta Badkar | On 05 Sep 2013

Essays on Banking

This thesis comprises three essays on various aspects of the relationship between a firm or a country and its creditor banks. The first essay focuses on a firm's choice between borrowing from banks an...

by Raghuram G. Rajan | On 19 Aug 2013

The Youth Employment Crisis: A Call for Action

Resolution and conclusions of the 101st Session of the International Labour Conference, Geneva, 2012. [ILO].

by International Labour Organisation ILO | On 16 Aug 2013

Role of Culture in Celebrity Endorsement: Brand Endorsement by Celebrities in Indian Context-A Review, Synthesis and Research Propositions

This paper uses the lens of culture to develop propositions on how customer attitude towards celebrity endorsements is a function of cultural parameters in emerging countries like India. [W.P. No. 201...

by . Abhishek | On 08 Aug 2013

Position Paper on Breastfeeding and Work

The role of the lactation consultant is to provide care, problem-solving, education, and counseling to breastfeeding mothers and their families. These clinical services, however, make up just one pa...

by International lactation Consultant Association | On 07 Aug 2013

Fuel Price Hike and Indonesia’s Energy Insecurity

Fuel price hikes have always been unpopular in Indonesia, largely because of their wide-ranging impact on the population. Yet, it is undeniable that the current high subsidies are unsustainable. To mo...

by Margareth Sembiring | On 26 Jul 2013

Perils of the Drug Trade: Implications and Challenges of Central Asia’s “Northern Route”

The international trade in Afghan drugs is one of the most significant transnational threats emanating from Central Asia. Exacerbated by weak border management, corruption, and lack of income-generat...

by Lars-Erik Lundin | On 26 Jul 2013

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

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

by Kaivan Munshi | On 22 Jul 2013

India Migration Bibliography

The India Migration Bibliography covers over 3,000 books, research articles and reports written on the subject of internal migration, international migration and diaspora, related to India. The biblio...

by Chinmay Tumbe | On 15 Apr 2013

Federal Budget Pakistan: 2012-13

Budget speech by Minister of Finance. [Ministry of Finance]. URL:[http://www.finance.gov.pk/budget/budget_Speech_12_13.pdf].

by Minister of Finance Pakistan | On 22 Mar 2013

Kerala Budget Speech 2013-14

Finance Minister Shri. K. M. Mani has presented the State Budget for the coming financial year 2013-14 in the Kerala Legislative Assembly on 15 March 2013. This is the eleventh budget by the minister...

by K.M. Mani | On 15 Mar 2013

Indian Banking Sector: Pushing the Boundaries

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

by Chakrabarty K C | On 07 Mar 2013

Nine years later…

Is the Finance Minister going to do a salvage operation? [BS week end ruminations].

by T.N. Ninan | On 27 Feb 2013

No Fireworks Railway Budget

Modernization, encouragement to PPP, integration of MGNREGA, has been given importance in the railway budget.

by IRIS India IRIS | On 27 Feb 2013

Odisha Budget 2013-14: Part II General

Budget speech presented by Prasanna Acharya. General Budget is presented.

by Government of Orissa | On 25 Feb 2013

Identification for Development: The Biometrics Revolution

This paper surveys 160 cases where biometric identification has been used for economic, political, and social purposes in developing countries. About half of these cases have been supported by donors...

by Alan Gelb | On 15 Feb 2013

Self-Employment in China: Are Rural Migrant Workers and Urban Residents Alike?

This paper studies differences in the motivation to be self-employed between rural migrants and urban residents in modern China. Estimates of the wage differential between selfemployment and paid-empl...

by Yuling Cui | On 13 Feb 2013

Domestic Violence Prevention Bill, 2012, Bhutan

Recognizing that the domestic violence is a serious social evil; that there is incidence of domestic violence within Bhutanese Society; that victims of domestic violence are the most vulnerable membe...

by National Assembly of Bhutan | On 11 Feb 2013

Economic Policies and Agricultural Incentives: The Philippine Case

The purpose of this paper is to analyze the impact of economic policies on Philippine agricultural incentives from 1960 up to 1992. Apart from economic policies affecting price incentives, cover publi...

by Cristina C. David | On 24 Jan 2013

Microfinance in Evolution: An Industry Between Crisis and Advancement

Following the international financial crisis that started in 2007, market growth and MFI performance started to deteriorate. Over the last decade the market has matured and become more efficient. Is...

by Cédric Lützenkirchen | On 14 Jan 2013

How to Tackle Food Insecurity in Asia

Review of the book Food Security in Asia, by Amitava Mukherjee Sage Publications India 2011 pp. xix+392, Rs 895/-.

by Rudra Narayan Mishra | On 04 Jan 2013

Renewable Resource Shocks and Conflict in India’s Maoist Belt

A rigorous econometric analysis of a civil conflict is conducted that the Indian Prime Minister has called the single biggest internal security challenge ever faced by his country, the so-called Mao...

by Davesh Kapur | On 13 Oct 2012

On China’s Traditional Culture and Peaceful Development Strategy

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

by Wang Dewen | On 27 Sep 2012

The National Sports Development Bill, 2011

To provide for development of sports in India, coordination of national teams for participation in international events, fair and transparent functioning of autonomous sports bodies and welfare measur...

by Ministry of Youth and Sports Affairs YAS | On 12 Sep 2012

Report on Conditions of Work and Promotion of Livelihoods in the Unorganised Sector

This Report is focused on the informal or the unorganized economy which accounts for an overwhelming proportion of the poor and vulnerable population in an otherwise shining India. It concentrates on...

by NCEUS NCEUS | On 05 Sep 2012

Financial Stability Report Issue No. 5

The report reflects the collective assessment of the Sub Committee of the Financial Stability and Development Council (FSDC) on potential risks to financial stability. [RBI]. URL:[http://rbidocs.rbi....

by Reserve Bank of India RBI | On 04 Sep 2012

Recent Developments in Kerala State Finances

This paper covers recent trends in a series of broad indicators of the financial health of the Government of Kerala with its developmental policy as the backdrop. It examines fiscal balances in Kerala...

by Tapas K. Sen | On 30 Aug 2012

Japan’s Post-Triple-Disaster Growth Strategy

This paper discusses the scope of the many challenges and sets out a long-term strategy for overcoming them and putting the Japanese economy on a stable growth path. [Working Paper No. 376]. URL:[http...

by Masahiro Kawai | On 24 Aug 2012

Mobile Financial Services in Bangladesh: An Overview of Market Development

The objective of this report is to share a market level overview of the early stage progress of (Mobile Financial Services) MFS in Bangladesh up through the first quarter of 2012. A series of short s...

by Bangladesh Bank BB | On 23 Aug 2012

Economic and Financial Developments in Odisha

The economic and financial structure of Odisha is highlighted. Various financial inclusion initiatives are taken by the Reserve Bank with a particular reference to Odisha. The macroeconomic policy cha...

by Deepak Mohanty | On 22 Aug 2012

Environmental Changes and Ripples for Water Security in Southern States

Environmental change is regarded by many geopolitical experts as one of the biggest threats to international security in the coming years. In Southern Asia, its impact on rivers, and thus water secur...

by Dhanasree Jayaram | On 07 Aug 2012

Agricultural Credit - Accomplishments and Challenges

Agriculture’s share in GDP is less than 15 per cent but it still remains the direct domain of over half of the population whose economic prospects are linked to the performance of agriculture. There a...

by Duvvuri Subbarao | On 03 Aug 2012

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

New Thinking on Corporate Bond Market in India

What are major factors behind underdevelopment of corporate bond market in India? One of the major bottlenecks to the development of this market lies in relatively larger costs of financing which diss...

by Sanjay Banerji | On 17 Jul 2012

Reexamining the Finance–Growth Relationship for a Developing Economy: A Time Series Analysis of Post-reform India

The cross-country empirical literature on the finance-growth relationship has debated three propositions: (i) financial deepening has a strong impact on the growth process; (ii) measures of financia...

by Sabyasachi Kar | On 13 Jul 2012

Review of Philippine Migration Laws and Regulations Gains, Gaps, Prospects

The Philippines has often been cited as the global model in managing international labor migration. Despite the complexity of our management infrastructure, however, some gaps still remain. This pap...

by Julyn S Ambito | On 12 Jul 2012

Domestic Violence Prevention Bill 2012: Bhutan

This Act ensures a prompt and just legal remedy for the victims of domestic violence; facilitate access to remedies for immediate and effective assistance, shelter homes and protection to the victims...

by National Assembly of Bhutan | On 11 Jul 2012

Small Farmers in India: Challenges and Opportunities

This paper examines the roles and challenges of small holding agriculture in India. It covers trends in agricultural growth, cultivation patterns, participation of small holding agriculture, productiv...

by S. Mahendra Dev | On 06 Jul 2012

Cultural Proximity and Loan Outcomes

Evidence is presented to show that shared codes, religious beliefs, ethnicity - cultural proximity - between lenders and borrowers improves the efficiency of credit allocation. In-group preferential t...

by Raymond Fisman | On 05 Jul 2012

Revive Development Studies

Review of the book From Individual to Community: Issues in Development Studies--Essays in Memory of Malcolm Adiseshiah by Nandan Nawn.

by Nandan Nawn | On 05 Jul 2012

Homo Biometricus: Biometric Recognition Systems and Mobile Internet Services

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

by Thomas F Dapp | On 05 Jul 2012

National Budget of Bhutan: Financial Year 2012-13

Budget of Bhutan 2012-13. URL:[http://www.mof.gov.bt/downloads/BudgetReport2012.pdf].

by Minister of Finance Bhutan | On 04 Jul 2012

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

Income Related Inequality in Financial Inclusion and Role of Banks: Evidence on Financial Exclusion in India

This paper analyzes income related inequality in financial inclusion in India using a representative household level survey data, linked to State-level factors. This paper also provides estimates of...

by Rama Pal | On 27 Jun 2012

What Should Regulation do in the Field of Micro-finance?

Recent events in India have brought a fresh focus on the appropriate regulatory stance towards micro-finance. In this paper, facts and recent experience about Indian microfinance is reviewed. The puz...

by Renuka Sane | On 19 Jun 2012

Asset Price Bubble and Banks: The Case of Japan

This paper analyses the behaviour of the Japanese banks at the outset of the asset price bubble in the late 1980s. The paper argues that with the advent of financial deregulations, the declining trend...

by Hossain Monzur | On 29 May 2012

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

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

by NOR HAYATI BT AHMAD | On 24 May 2012

Black Money

The objective of this paper is to place in the public domain various facets and dimensions of black money and its complex relationship with the policy and administrative regime in the country. The pa...

by Ministry of Finance | On 22 May 2012

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

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

by Michele Binci | On 11 May 2012

The Domestic Workers Convention 2011: Implications for Migrant Domestic Workers in Southeast Asia

The recent International Labour Organization (ILO) Convention concerning Decent Work for Domestic Workers (Domestic Workers Convention 2011) offers an opportunity to finally address the longstanding...

by Pau Khan Khup Hangzo | On 09 May 2012

Dispute Settlement in the WTO, Developing Countries and India

The paper undertakes an examination of the experience of developing countries with dispute settlement vis-à-vis developed countries during the 17 years since the entry into force of the WTO Agreement....

by Anwarul Hoda | On 08 May 2012

The Political Economy of Deforestation in the Tropics

Tropical deforestation accounts for almost one-fifth of greenhouse gas emissions worldwide and threatens the world.s most diverse ecosystems. The prevalence of illegal forest extraction in the tropi...

by Robin Burgess | On 08 May 2012

Regional Implications of National Reconciliation in Myanmar

The paper examines the implications of Myanmar's reforms for its neighbours- China, India, Thailand and Bangladesh. Issues of major concern to the four countries include energy, humanitarian consequen...

by Lina Gong | On 20 Apr 2012

Audio-visual Services: International Trade and Cultural Policy

The audiovisual sector is a significant component of the economy in terms of wealth creation and employment and audiovisual industries also play an important cultural role. This study reviews the main...

by Gillian Doyle | On 20 Apr 2012

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

Brides for Sale: Cross-Border Marriages and Female Immigration

Every year, a large number of women immigrate as brides from developing countries to developed countries in East Asia. This phenomenon virtually did not exist in the early 1990s, but foreign brides...

by Daiji Kawaguchi | On 16 Apr 2012

West Bengal Budget Speech: 2012-13

Speech by Amit Mitra, Minister of Finance. [Government of West Bengal]. URL:[http://www.wbfin.nic.in/writereaddata/Budget_Speech/2012_English.pdf].

by West Bengal Government | On 13 Apr 2012

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

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

by Michael D Bordo | On 13 Apr 2012

India’s Call on BRICS : Aligning with China without a Deal

China–India association in the BRICS bloc of countries is an example of multilateralism at its height. For China, the BRICS group holds a strategic significance as it is targeted towards the Western...

by Jagannath P Panda | On 04 Apr 2012

Budget Speech 2012-13: Goa

Budget speech by Ministry of Finance, Goa. [Budget Speech]. URL:[http://www.goa.gov.in/pdf/Speech12-13.pdf].

by Goa Government | On 28 Mar 2012

Odisha Budget Speech 2012-13

Budget Speech by Shri Prafulla Chandra Ghadai. [Government of Odisha]. URL:[http://www.orissa.gov.in/finance/Budgets/2012-13/BUDGET%20SPEECH%20ENGLISH.pdf].

by Government of Orissa | On 27 Mar 2012

Myanmar’s Ethnic Insurgents: UWSA, KNU and KIO

Since the elections of 2010, Myanmar’s political landscape has changed significantly; the old military junta has officially been dissolved and a new civilian government, led by President Thein Sein,...

by Christopher O’Hara | On 27 Mar 2012

The Marriage Laws (Amendment) Bill, 2010

A bill further to amend the Hindu Marriage Act, 1955 and the Special Marriage Act, 1954. [PRS]. URL:[http://www.prsindia.org/uploads/media/Marriage%20Laws/Marriage%20Laws%20Bill%202010.pdf].

by Parliamentary Research Service PRS | 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

BMC Budget 2012-13

Budget presented to Municipal Commissioner. . [BMC Annual Reports]. URL:[http://www.mcgm.gov.in/irj/go/km/docs/documents/MCGM%20Department%20List/Chief%20Accountant%20(Finance)/Budget/Complete%20Engli...

by Municipal Commissioner BMC | On 22 Mar 2012

Prevalence, Distribution, and Impact of Mild Cognitive Impairment in Latin America, China, and India: A 10/66 Population-Based Study

Rapid demographic ageing is a growing public health issue in many low- and middle-income countries (LAMICs). Mild cognitive impairment (MCI) is a construct frequently used to define groups of people...

by Ana Luisa Sosa | On 19 Mar 2012

Close Eye or Closed Eye: The Case of Export Misinvoicing in Bangladesh

The effect of export subsidies on the under-invoicing of exports in Bangladesh is analyzed. In a framework that allows for unobserved heterogeneity among importing countries and product specificities,...

by Pranav Kumar Gupta | On 16 Mar 2012

Oil Price Shock, Pass-through Policy and its Impact on India

This paper analyses the impact of transmission of international oil prices and domestic oil price pass-through policy on major macroeconomic variables in India with the help of a macroeconomic policy...

by N R Bhanumurthy | On 16 Mar 2012

Sarva Shiksha Abhiyan, GOI 2012-13

This brief uses Government reported data to analyse Sarva Shiksha Ahiyan performance along the following parameters: a) Overall trends in allocation and expenditures, b) Expenditure performance across...

by Accountability Initiative | On 16 Mar 2012

State of Indian Agriculture 2011-12

The report reviews the status and performance of agriculture, especially during the last two decades, and also presents what could be the way forward, given our objectives of accelerated growth, inc...

by Ministry of Agriculture GOI | On 14 Mar 2012

Services as a New Engine of Growth for ASEAN, the People’s Republic of China, and India

The purpose of this report is twofold. First, a compendium of relevant data is presented on the state of the services sector in the ACI (ASEAN, PRC and India) countries, focusing on its contribution t...

by Ben Shepherd | On 12 Mar 2012

The Global Race for Excellence and Skilled Labour: A Status Report

In this context, higher education as well as research and development (R&D) have long since ceased to be purely the domain of the developed Western economies. Numerous regions of the world, some in th...

by Ingo Rollwagen | On 09 Mar 2012

Parents’ Economic Support of Young-Adult Children: Do Socioeconomic Circumstances Matter?

This paper assesses how the economic support provided by parents to young adults as they complete their education and enter the labor market is related to the family’s socioeconomic circumstances. W...

by Deborah Cobb clark | On 07 Mar 2012

Tax Policy in Developing Countries: Looking Back and Forward

The changing nature of tax policy in developing countries over the last 30 years is reviewed and studied the factors determining the level and structure of tax revenues in such countries and how such...

by Roy Bahl | On 07 Mar 2012

The End of the “Liberal Theory of History”? Dissecting the U.S. Congress’ Discourse on China’s Currency Policy

In the last ten years, economic issues related to currency policy have become the major ongoing dispute between China and the U.S. Especially the U.S. Congress is stridently demanding a tougher poli...

by Nicola Nymalm | On 01 Mar 2012

Working of Livestock Exchange Markets in Rajasthan

Livestock sector is an integral part of India’s agriculture and an important part of the whole economy with reference to employment, income and earning of foreign exchange for the country. The growth...

by Ministry of Agriculture GOI | On 01 Mar 2012

Capital Accumulation and Convergence in a Small Open Economy

Outward-oriented economies seem to grow faster than inward-looking ones. Does the literature on convergence have anything to say on this? In the dynamic Heckscher-Ohlin-Samuelson model, with factor-pr...

by Partha Sen | On 28 Feb 2012

Subsidizing the National Food Authority: Is It a Good Policy?

National Food Authority's (NFA) twin mandate of price stabilization and food security has cost the government billions of pesos in losses over the past few decades. As such, there is a need to ...

by Senate Economic Planning Office SEPO | On 28 Feb 2012

Terms of Trade and Its Implications: Bangladesh Perspective

This paper explores the key reasons behind the movements in the terms of trade and the real net gain and loss from trade in the long run. Like some selected Asian countries (Vietnam, China and South...

by Mohammad Masuduzzaman | On 23 Feb 2012

Study on Impact of Micro Finance in Reduction of Domestic Violence Against Women

The main objective of the study is to investigate whether there is any evidence to support the view that the disbursement of micro finance to women reduces the incidence of domestic violence, and if...

by Institute of Social Studies Trust ISST | On 23 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

Mumbai Riots, 1992-3: Revisiting the Affected

Review of the book 'Riots and After in Mumbai: Chronicles of Truth and Reconciliation' Meena Menon, Sage Publications India, 2011, Pp 267 + xcii, Rs. 595/-

by Irfan Engineer | On 17 Feb 2012

Formalizing the Informal Economy: Women’s Autonomous Self-Employment in Rural South India

This paper considers the effects of contemporary restructuring of women and men’s employment in rural south India alongside ongoing efforts to recast India’s poor rural women as entrepreneurs. This s...

by Samantha Watson | On 15 Feb 2012

Are Saving and Investment Cointegrated? A Cross Country Analysis

Saving is an important part of the economic process that gives rise to investment and economic growth. In this paper an attempt is made to explore the relationship between saving and investment in t...

by Sanjib Bordoloi | On 14 Feb 2012

The Financial Structure and Performance of Philippine Credit Cooperatives

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

by Gilberto M Llanto | On 13 Feb 2012

Selling Formal Insurance to the Informally Insured

Unpredictable rainfall is an important risk for agricultural activity, and farmers in developing countries often receive incomplete insurance from informal risk-sharing networks. The demand for, and...

by A. Mushfiq Mobarak | On 10 Feb 2012

Comparing the Technical Efficiency of Indian Banks Operating Abroad and Foreign Banks Operating in India: A Stochastic Output Distance Function Approach

The aim of this paper is to compare the technical efficiency of Indian Banks operating abroad and foreign banks operating in India and to investigate the effect of openness of the country, ownership...

by Vivek Kumar | On 08 Feb 2012

Bank Lending and Monetary Shocks: Evidence from a Developing Economy

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

by M. Ali Choudhary | On 08 Feb 2012

Human Rights in Malaysia: Challenges and Constraints in the Malaysian Context

The paper discusses some of the main human rights areas of concern within Malaysia, over the years. [Working Paper Series No. 12]. URL:[http://www.ieas.unimas.my/images/stories/hirmanritom.pdf].

by Mohammad Hirman Ritom Abdullah | On 07 Feb 2012

The Euro Zone Crisis and its Dimensions and Implications

The sovereign debt problems in the peripheral economies of the euro zone has started to pose a serious threat to the main economies of the Europe and perhaps to the future of the 'euro‘ itself. Such a...

by M R Anand | On 06 Feb 2012

How is Financial Regulation Different for Micro- Finance?

What is the role of financial regulation in the field of micro- finance? This paper identifi es two features of micro- finance which call for unique treatment in policy considerations as compared...

by M Sahoo | On 03 Feb 2012

International Competitive Strategy Choices: Comparing Firms in China and India

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

by Ping Lv | On 02 Feb 2012

Girls Take Over: Long-term Impacts of an Early Stage Education Intervention in the Philippines

This paper examines the long-term impacts of improved school quality at the elementary school stage on subsequent schooling investments and labor market outcomes using unique data from a recent survey...

by Futoshi Yamauchi | On 31 Jan 2012

Fiscal Policy in India: Trends and Trajectory

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

by Supriyo De | On 31 Jan 2012

Intentions vs. Implementation of Philippine Economic Reforms Under Aquino, 1986-92

This paper explains the gaps between official objectives and the actual accomplishments of the Aquino government, with an emphasis on the implementation record of agricultural-based strategies. Summar...

by V. Bruce J Tolentino | On 30 Jan 2012

Chinese Commodity Imports in Ghana and Senegal: Demystifying Chinese Business Strength in Urban West Africa

Since the beginning of the twenty-first century, independent entrepreneurial migrants from China have been increasingly flocking to Africa in search of “greener pastures.” This paper scrutinizes the...

by Laurence Marfaing | On 25 Jan 2012

Macroeconomic and Monetary Developments Third Quarter Review 2011-12

The Growth outlook has weakened as a result of adverse global and domestic factors that have been mentioned above. Business and consumer confidence has been impacted. Professional forecasters now...

by Reserve Bank of India RBI | On 25 Jan 2012

Myanmar’s Reforms: The Challenges Ahead

The release of many high-profile political prisoners by Myanmar’s government has been applauded by the international community. Many obstacles to reform still exist, but they are not the usual suspect...

by Kyaw San Wai | On 24 Jan 2012

Banks, Policy and Risks

This paper assesses the sources of risk for Indian banks in the context of their history, structure, level of development, and policy environment and draws out implications for global and domestic pol...

by Ashima Goyal | On 18 Jan 2012

Challenges in IMS Reforms: A Global and Emerging Markets Perspective

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

by Alok Sheel | On 10 Jan 2012

Credit and Growth Cycles in India: An Empirical Assessment of the Lead and Lag Behaviour

This paper studies the leadlag pattern in the interaction between credit and growth cycles of India at three levels i.e. at the aggregate level for annual GDP growth, at the sectoral level across a...

by Krittika Banerjee | On 06 Jan 2012

Are All Migrants Really Worse Off in Urban Labour Markets? New Empirical Evidence from China

The rapid and massive increase of rural-to-urban migration in China has drawn attention to the welfare of migrant workers, particularly to their working conditions and pay. This paper uses data from...

by Jason Gagnon | On 06 Jan 2012

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

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

by Karunagaran A | On 05 Jan 2012

The Broken Broker System? Transacting on Agricultural Wholesale Markets in India (Uttarakhand)

The focus is on the central role played by state-regulated commission agents, known as brokers: agents who are widely present in Indian markets to assist sellers in finding buyers through organizing a...

by Bart Minten | On 29 Dec 2011

Strengthening Banking Regulation: Amending the BSP Charter

This Policy Brief discusses the proposed amendments to Republic Act No. 7653 (RA 7653). The first part briefly presents the mandate of the Bangko Sentral ng Pilipinas (BSP). It then describes the fi...

by Senate Economic Planning Office SEPO | On 29 Dec 2011

Contribution of Services Sector in the Economy of Pakistan

The services sector has provided steady support to Pakistan’s economic growth. It share in GDP now stands a more than 50 percent. The paper analyses its continuation in the growth of the economy in...

by Ayaz Ahmed | On 29 Dec 2011

Economic Dynamics and Forest Clearing: A Spatial Econometric Analysis for Indonesia

This paper uses a large panel database to investigate the determinants of forest clearing in Indonesian kabupatens since 2005. The study incorporates short-run changes in prices and demand for palm...

by David Wheeler | On 28 Dec 2011

The Evolving Dynamics of Global Economic Power in the Post-crisis World: Revelations from a New Index of Government Economic Power

This paper develops an index for measuring the economic power of governments viewed as entities in themselves. The basic idea is to encapsulate the economic representative power of a nation’s governme...

by Kaushik Basu | On 27 Dec 2011

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

Poverty Dynamics of Female-headed Households in Pakistan: Evidence from PIHS 2000-01 and PSLM 2004-05

The paper attempts to empirically test a naïve version of what is rather stylistically termed as “feminisation of poverty”, using the sub-sample of female -headed households (FHHs) from two househol...

by Umer Khalid | On 21 Dec 2011

Monetary Neutrality in the Nepalese Economy during 1975-2008

One of the methods of measuring the effectiveness of monetary policies is via inspection of monetary neutrality in the economy. It is a concept from classical economics and it suggests that changes...

by Mukesh Khanal | On 16 Dec 2011

A China Round of Multilateral Trade Negotiations

Until recently, the World Trade Organization (WTO) has been an effective framework for cooperation because it has continually adapted to changing economic realities. The current Doha Agenda is an ab...

by Aaditya Mattoo | On 13 Dec 2011

China’s Financial Integration into the World Economy: Scrutinising China‘s International Investment Position

Possible scenarios for China and the world economy until 2015 is looked at. In all of them, China will continue to accumulate FX reserves, so that reserve assets will remain the largest component of...

by Catherine Shu Ling Tan | On 08 Dec 2011

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

Estimating the Value of Statistical Life in Pakistan

The study estimates the Value of Statistical Life and Limb in Pakistan based on the compensating wage differential among blue-collar industrial workers in the city of Lahore. The data for this study...

by Mohammad Rafi | On 07 Dec 2011

Monetary and Fiscal Policy in the Presence of Informal Labour Markets

How does informality in emerging economies affect the conduct of monetary and fiscal policy? To answer this question two-sector, formal-informal new Keynesian closed-economy is constructed. The inf...

by Nicoletta Batini | On 02 Dec 2011

National Urban Transport Policy

The objective of this policy is to ensure safe, affordable, quick, comfortable, reliable and sustainable access for the growing number of city residents to jobs, education, recreation and such other...

by Ministry of Urban Development GOI | On 30 Nov 2011

How Are Markets Made?

The purpose of this paper is to analyze the making of markets. The paper identifies two ideal-typical processes in which markets are made – organized making and spontaneous making – which are often...

by Patrik Aspers | On 29 Nov 2011

An Estimated DSGE Model of the Indian Economy

A closed model DSGE model of the Indian economy is developed and it is estimated by Bayesian Maximum Likelihood methods using Dynare. A model is build up in stages to with a number of features impo...

by Vasco Gabriel | On 28 Nov 2011

Informal Labour and Credit Markets: A Survey

This paper reviews the literature on the informal economy, focusing first on empirical findings and then on existing approaches to modelling informality within both partial and general equilibrium e...

by Nicoletta Batini | On 24 Nov 2011

Wrong Climate for Big Dams: Destroying Rivers will Worsen Climate Change

P roponents of large dams, hoping to capitalize on concern for climate change, are promoting a major expansion of large dams in developing countries. Yet large dams are highly vulnerable to climate ch...

by International Rivers Network IRN | On 24 Nov 2011

The Challenge of Food Inflation

The trends in food inflation over the past 60 years are given. Having thus set the context, the factors driving structural food inflation, which should give us a perspective of the underlying dynam...

by Duvvuri Subbarao | On 24 Nov 2011

How Prudent are Rural Households in Developing Transition Economies: Evidence from Zhejiang, China

Rural households in developing economies frequently use precautionary saving to cope with income risk. Such prudent behavior can be strengthened in transition economies where more risks are typically...

by Ling Jin | On 23 Nov 2011

Geographical Agglomeration of Indian and Chinese Multinationals in Europe: A Comparative Analysis (Preliminary version)

The outward FDI from emerging economies to developed countries is of great interest to international business researchers and policy makers, also with regard to their location and sectoral patterns....

by Haiyan Zhang | On 21 Nov 2011

In Search of Growth

With deep crisis weakening potential output growth, the need for an explicit growth policy is emerging most starkly in Japan, the EU and the US. If properly shaped, this will help to consolidate bud...

by Klaus Deutsch | On 21 Nov 2011

Where is the Virtue in the Middle Class?

It is widely agreed by economists and political scientists that the middle class is vital to progress because of its many virtues. But it is difficult to define a middle class by income in a manner t...

by Charles Kenny | On 16 Nov 2011

The Impossible Trinity and Capital Flows in East Asia

The Impossible Trinity doctrine still holds a powerful sway over policymakers, advisors (particularly the International Monetary Fund [IMF]) and academia. In East Asia over the past decade, however,...

by Stephen Grenville | On 15 Nov 2011

Financing Infrastructure for Connectivity: Policy Implications for Asia

This paper discusses Asia’s infrastructure needs and its corresponding financing needs and challenges. It proposes ways to address financing gaps by identifying potential financing sources and instr...

by Biswa Nath Bhattacharyay | On 09 Nov 2011

The G20: Engine of Asian Regionalism?

The paper scrutinizes the functioning of the G20 and its role in increasing coordination. and cooperation between Asian countries. It highlights divergent agendas amongst the A6 as regards the future...

by Hugo Dobson | On 09 Nov 2011

Regulate the Share Markets and Save the Country

The 1% rich and powerful have found the Occupy Wall Street movement unsettling and have also made attempts at curbing its influence and outreach. It is now possible for stock-traders in international...

by Bhalchandra Kango | On 08 Nov 2011

Monetary Operating Procedures: Principles and the Indian process

As markets deepen and interest elasticities increase it is optimal for emerging markets to shift towards an interest rate instrument since continuing monetization of the economy implies money demand...

by Ashima Goyal | On 04 Nov 2011

German Companies Engaging in China: Decision-Making Processes at Home and Management Practices in Chinese Subsidiaries

This paper attempts to explain why internationalization processes to China are growing despite the significant difficulties that foreign direct investments into China encounter. The answer to this q...

by Geny Piotti | On 04 Nov 2011

Economic and Financial Developments in Goa

Goa is celebrating the Golden Jubilee Year of its Liberation. The recent economic achievements of the state are highlighted. The economic and financial structure of the state as well as the various fi...

by Deepak Mohanty | On 04 Nov 2011

The Financial Accelerator: An Emerging Market Story

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

by Shah Hussein | On 03 Nov 2011

Coordination Under Uncertain Conditions: An Analysis of the Fukushima Catastrophe

This paper analyzes the impacts of the 11 March 2011 earthquake and tsunami at the Fukushima nuclear power plant in Japan, which were amplified by a failure of coordination across the plant, corporate...

by Masahiko Aoki | On 03 Nov 2011

Unilateral Carbon Border Measures: Key Legal Issues

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

by Anuradha R. V. | On 01 Nov 2011

Emigration of Women Domestic Workers from Kerala: Gender, State Policy and the Politics of Movement

Restrictions imposed by the Government of India on the emigration of women in ‘unskilled’ categories such as domestic work are framed as measures intended to protect women from exploitation. Specia...

by Praveena Kodoth | On 24 Oct 2011

Does Greater Autonomy Improve Performance? Evidence from Water Service Providers in Indian Cities?

The efficiency of urban water supply in 27 Indian cities are analyzed using data envelopment analysis (DEA). Cities are grouped by the management structure of their water utilities. Utilities with g...

by Shreekant Gupta | On 24 Oct 2011

Environmental Journalism in South Asia

Book review 'The Green pen: Environmental Journalism in India and South Asia' by Keya Acharya and Frederick Noronha (eds) Sage, 2010, page 312, Rs 395.

by Vrijendra | On 19 Oct 2011

Discount Rate for Health Benefits and the Value of Life in India

This study contributes to the literature by estimating discount rate for environmental health benefits and value of statistical life of workers in India. The discount rate is imputed from wage-risk...

by K. R. Shanmugam | On 19 Oct 2011

Report on Socio Economic Status of the Women Domestic Workers- A Diagnostic Study in Five Major Townships: Cuttack, Bhubaneswar, Berhmpur, Ssmbslpur and Rourkela of Orissa

Women workers In India constitute one third of the total workforce. Majority of these women are engaged in the un-organized sectors such as agriculture, construction, domestic services etc. The over...

by Bharat Jyoti BJ | On 18 Oct 2011

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

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

by Karunagaran A | On 17 Oct 2011

Draft of the Proposed National Sports Legislation

A bill to provide for development of sports in India, coordination of national teams for participation in international events, fair and transparent functioning of autonomous sports bodies and welf...

by Ministry of Youth and Sports Affairs YAS | On 17 Oct 2011

From Monasteries to Multinationals (and Back): A Historical Review of the Beer Economy

This article reviews beer production, consumption and the industrial organization of breweries throughout history. Monasteries were the centers of the beer economy in the early Middle Ages. Innovation...

by Eline Poelmans | On 14 Oct 2011

An Empirical Analysis of Monetary and Fiscal Policy Interaction in India

This study analyses the behaviour of monetary and fiscal policies interaction in India using quarterly data for 2000Q2 to 2010Q1. It finds that, even after the elimination of automatic monetisation...

by Janak Raj | On 11 Oct 2011

Openness, Economic Growth and Labour Migration in times of Global Downturn: with Special Reference to Asian Examples

This paper starts by examining some of the variables that have been considered important determinants of openness and how views of these have changed over the last twenty years. It then considers th...

by Kenneth E Jackson | On 29 Sep 2011

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

Monetary Policy Dilemmas: Some RBI Perspectives

Over the last decade, the profile of central banks has gone up. First, we had the Great Moderation - a period of extraordinary benign macroeconomic environment globally, characterized by steady growth...

by Duvvuri Subbarao | On 27 Sep 2011

Mitigating Climate Change Through Agriculture

Among the major challenges currently faced by humanity are food security and climate change. Agriculture plays a significant role in both. Adapting to climate change is expected to be an increasing ...

by Claire Schaffnit Chatterjee | On 26 Sep 2011

What Causes Agglomeration? – Policy or Infrastructure – A Study of Indian Manufacturing Industry

This paper investigates whether industrial dispersal policy is more potent or the natural and agglomeration cost advantages are important in influencing locational choice of a firm. To carry out the a...

by Vinish Kathuria | On 22 Sep 2011

Integrated Financial MIS for Local Government Public Expenditure Management - A Case Study of Khajane in Karnataka

Expenditure Management is critical to effective public service delivery, especially at the local government level. Leveraging on information systems to aid in expenditure management is viewed as an ...

by Sandeep M S | On 20 Sep 2011

Iraq’s Last Window: Diffusing the Risks of a Petro-State

This paper, examines the possibility of adopting Oil- to- Cash scheme in Iraq. Here, a new opportunity is identified which aims for direct distribution of Iraqi oil rents in the planned production exp...

by Johnny West | On 19 Sep 2011

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

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

by State Bank of Pakistan SBP | On 15 Sep 2011

Slower Growth in China: How Much of a Drag on the Global Economy?

China’s expected growth slowdown - from 10.3 per cent yoy in 2010 to 8.9 per cent this year and 8.3 per cent in 2012 - will impact the global economy. An in-depth look at how important China really is...

by Steffen Dyck | On 09 Sep 2011

Fertility Regulation in an Economic Crisis

Substantial international aid is spent reducing the cost of contraception in developing countries, as part of a larger effort to reduce global fertility and increase investment per child worldwide....

by Christopher McKelvey | On 09 Sep 2011

The Price and Trade Effects of Strict Information Requirements for Genetically Modified Commodities under the Cartagena Protocol on Biosafety

This paper assesses the global economic implications of the proposed strict documentation requirements on traded shipments of potentially genetically modified (GM) commodities under the Cartagena Prot...

by Antoine Bouët | On 31 Aug 2011

Policy Dilemmas in India: The Impact of Changes in Agricultural Prices on Rural and Urban Poverty

Trade policy reforms which lead to changes in world prices of agricultural commodities or domestic policies aimed at affecting agricultural prices are often seen as causing a policy dilemma: a fall...

by Sandra Polaski | On 26 Aug 2011

When do Stock Futures Dominate Price Discovery?

Stock futures offer leveraged positions and are expected to attract informed traders. Many researchers have found that the information share of the stock futures is surprisingly small; the equity sp...

by Jeffrey Vincent | On 24 Aug 2011

Impact of the Global Recession on Migration and Remittances in Kerala: New Evidences from the Return Migration Survey (RMS) 2009

The Research Unit on International Migration at the Centre for Development Studies undertook this study on the request of Department of Non-Resident Keralite Affairs (NORKA), Government of Kerala. ...

by K. C. Zachariah | On 24 Aug 2011

Risks, Farmers’ Suicides and Agrarian Crisis in India: Is There A Way Out?

Poor returns to cultivation and absence of non-farm opportunities are indicative of the larger socio-economic malaise in rural India. This is accentuated by the multiple risks that the farmer faces...

by Srijit Mishra | On 23 Aug 2011

Technology in Banking- In Pursuit of Excellence

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

by Anand Sinha | On 23 Aug 2011

From Economic Meltdown to Social Crunch – Impact of the Global Economic Recession on Social Capital Building in Developing Countries and What We still Don't Know!

This paper draws on the experiences of the Far East Economic Crisis in 1998 and argues that: (1) the poor depended heavily on bonding social capital during the Crisis, but the crunch-point beyond wh...

by Sam Wong | On 22 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

India-Pakistan Trade

On the basis of a survey conducted in three cities viz., Delhi, Mumbai and Amritsar the paper examines the characteristics of firms engaged in Indo- Pakistan trade. It also estimates the transaction...

by Nisha Taneja | On 11 Aug 2011

Multidimensional Indices of Achievements and Poverty: What Do We Gain and What and What Do We Lose?

Poverty and well-being are multidimensional. Nobody questions that deprivations and achievements go beyond income. There is, however, sharp disagreement on whether the various dimensions of poverty...

by Nora Lustig | On 11 Aug 2011

Bond Market Development in Asia: An Empirical Analysis of Major Determinants

This study attempts to identity the major determinants of bond market development in Asian economies, through examining its relationship with selected key financial and economic factors, and to provid...

by Biswa Nath Bhattacharyay | On 10 Aug 2011

In the Shadow: Illegal Markets and Economic Sociology

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

by Jens Beckert | On 05 Aug 2011

Treatment of Valuables as Capital Formation in India: Some Issues and Perspectives

As per UNSNA recommendations, valuables as a separate item had been introduced in the expenditure side of GDP. Since India is one of largest importer and user of gold for various purposes, this trea...

by Rakesh Kumar | On 04 Aug 2011

Food Quality in Domestic Markets of Developing Economies: A Comparative Study of two Countries

Food quality has become an important determinant of success in global food trade and growers for international markets have to continuously adjust to buyers’ requirements. It is however not clear to w...

by Anneleen Vandeplas | On 03 Aug 2011

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

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

by Sadhan Kumar Chattopadhyay | On 03 Aug 2011

Tracking India Growth in Real Time

This paper compares different approaches to the short term forecasting (nowcasting) of real GDP growth in India and evaluates methods to optimally gauge the current state of the economy. Univariate ...

by Rudrani Bhattacharya | On 02 Aug 2011

Draft National Competition Policy for India

National Competition Policy is necessitated, as an overarching Policy framework, in continuation of the 1991-reforms, to infuse greater competition across sectors, and unleash fuller growth potential...

by Ministry of Corporte Affairs GOI | On 01 Aug 2011

India’s Low Carbon Inclusive Growth Strategy

This paper reviews India.s low-carbon high growth inclusive policy initiatives, comments on their financial sustainability and environmental sustainability and suggests desirable changes. The focus...

by U. Sankar | On 29 Jul 2011

Government Mediated Program on Intensifying Industry-Academia Linkages for Human Resource Development; Experinces of an Innovative Model from TIFAC

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

by Jancy Ayyaswamy | On 26 Jul 2011

World Trade Report 2011- The WTO and Preferential Trade Agreements: From Co-existence to Coherence

The ever-growing number of preferential trade agreements (PTAs) is a prominent feature of international trade. The World Trade Report 2011 describes the historical development of PTAs and the current...

by World Trade Organisation WTO | On 22 Jul 2011

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

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

by Prabir De | On 22 Jul 2011

Primary School Teachers: The Twists and Turns of Everyday Practice

The paper examines the role played by of classroom environment in the development of a teacher. The paper studies the concept of 'teacher development' in India. URL:[http://www.eruindia.org/files/Tea...

by Vimala Ramachandran | On 08 Jul 2011

Mutual Funds and Market Development in India

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

by Subir Gokarn | On 08 Jul 2011

Barriers to Household Risk Management: Evidence from India

Why do many households remain exposed to large exogenous sources of non-systematic income risk? Why don’t financial markets develop to pool these risks? This paper uses a series of randomized field...

by Shawn Cole | On 06 Jul 2011

Doha or Dada: The World Trade Regime at an Historic Crossroads

This study was not alone in demonstrating that a deal on the Doha Round could be of huge benefit to the global economy. Assuming plausible enhancements in the course of further negotiations, the big...

by Klaus Deutsch | On 06 Jul 2011

Fisher’s Equation: Some Methodological Doubts

The Fisher's equation has become a foundation stone of modern macroeconomic, monetary and financial theories. Here it is shown that despite the estabilished status of Fisher's equation, it stands on...

by Rajas Parchure | On 04 Jul 2011

Report of Fact-finding Team on Threat of Displacement of Naga River Village [Kabo Leikai], Imphal

National Integration Council member and Secretary General of All India Christian Council, Dr. John Dayal appeals Indian National Congress President Mrs Sonia Gandhi to intervene Manipur government’s t...

by All India Christian Council | On 04 Jul 2011

Using Incentives to Prevent HIV Infections

The global record on HIV prevention is bleak. The $8 billion spent each recent year on international AIDS assistance has been split about evenly between AIDS treatment and prevention. But while treatm...

by Mead Over | On 29 Jun 2011

Sustaining and Leveraging AIDS Treatment

In this CGD essay, Mead Over argues that international donor community cannot afford to continue its business-as-usual AIDS policy. It must focus more on preventing HIV to decrease the number of peopl...

by Mead Over | On 27 Jun 2011

On Graham’s Theory of Multicountry Multicommodity Trade

Mathematical formulations of Frank D. Graham’s theory of multicountry multicommodity trade have not provided numerical methods for finding the world trade equilibrium. Graham was in possession of su...

by Rajas Parchure | On 27 Jun 2011

The Global Economic Crisis after One Year: Is a New Paradigm for Recovery in Developing Countries Emerging?

One year into the global economic crisis, it has become clear that the paradigm for international development has changed irrevocably. With leadership, moral authority and the capacity of the West in...

by Wim Naudé | On 22 Jun 2011

The Arc of the Jubilee

The Jubilee 2000 movement, which called for the cancellation of the foreign debts of the poorest nations, reached its zenith in the late 1990s and 2000—and then, by design, shut down. In the space of...

by David Roodman | On 22 Jun 2011

Linking Globalization to Poverty in Asia, Latin America and Africa

Despite the enormous potential of globalization in accelerating economic growth through greater integration into the world economy the impact of globalization on poverty reduction has been uneven. Asi...

by Machiko Nissanke | On 21 Jun 2011

Challenges and Opportunities in a Trillion Dollar Economy

The Indian economy reached the trillion US dollar GDP milestone in 2007 and joined other countries of the trillion dollar club, namely, the US, UK, Japan, Germany, China, France, Italy, Spain, Canada,...

by Chakrabarty K C | On 21 Jun 2011

The Global AIDS Transition

This landmark essay proposes a new paradigm for combating AIDS and a new objective around which international donors and recipient governments can coordinate their efforts. CGD senior fellow Mead Over...

by Mead Over | On 20 Jun 2011

Revenue Potential of Panchayats in Kerala

How much more taxes would it be possible for Panchayats in Kerala to collect? This question is important in deciding the financial allocations to such local governments. Information regarding this m...

by Centre for Development Studies | On 17 Jun 2011

Macroprudential Policies: Indian Experience

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

by Anand Sinha | On 16 Jun 2011

Rising Spatial Disparities and Development

The UNU-WIDER project on 'Spatial Disparities in Human Development' has collected and analysed evidence on the extent of spatial inequalities within developing countries. The studies find that spatial...

by Ravi Kanbur | On 15 Jun 2011

The Legacy of the Jubilee Debt Relief Movement: Agreements, Lessons, and Remaining Challenges

Over the last 25 years, the international community has pursued a series of measures to address unsustainable debt burdens in low-income countries. Early actions focused on debt relief for official bi...

by Ben Leo | On 15 Jun 2011

Frontier Issues on the Global Agenda- Emerging Economy Perspective

The article is a report of RBI Minister Duvvuri Subbarao on issuesing concerning the G-20 countries and also issues effecting all the countries collectively.

by Duvvuri Subbarao | On 13 Jun 2011

The Financial Crisis of 2008 and the Developing Countries

Following the financial crisis that broke in the US and other Western economies in late 2008, there is now serious concern about its impact on the developing countries. The world media almost daily...

by Wim Naudé | On 13 Jun 2011

Access to Land and Land Policy Reforms

The objective of this research and policy brief is to analyse different mechanisms of access to land for the rural poor in an era when redistribution through expropriative land reform is largely incon...

by Alain de Janvry | On 10 Jun 2011

Rethinking the Conceptual Foundations of Kerela's Decentralization in the Light of the Experience during the Past Decade

Though the decade-long decentralization in Kerala has made remarkable achievements in terms of consistent devolution of financial resources, and improvement in the implementation of poverty eradica...

by Centre for Womens Development Studies | On 10 Jun 2011

Non-financial Reporting – What, Why and How - Indian Perspective

The importance of non-financial reporting in the overall assessment of a company's performance, its risk-return trade off is steadily gaining ground, both globally and in India. [Address by Dr K. C...

by Chakrabarty K C | On 10 Jun 2011

Evolution of Land Distribution in West Bengal 1967-2004

This paper uses data from a household survey to estimate changes in land distribution in rural West Bengal between 1967-2004 and decompose these into contributions of different factors. There was a...

by Pranab Bardhan | On 09 Jun 2011

India in the G20: Macroeconomic Policy Coordination, Regulation and Global Governance

The G20 has assumed a leading role in responding to the current financial crisis and reforming the international financial system. The G20 has emerged as the premier forum for the discussion of these...

by National Council of Applied Economic Research | On 08 Jun 2011

Global Capitalism Theory and the Emergence of Transnational Elites

The class and social structure of developing nations has undergone profound transformation in recent decades as each nation has incorporated into an increasingly integrated global production and fin...

by William I. Robinson | On 03 Jun 2011

Globalization Crises, Trade, and Development in Vietnam

Vietnam has been among the most successful East Asian economies, especially in weathering the external shocks of recent globalization crises—the 1997-98 Asian financial crisis and the 2008-09 great...

by Philip Abbott | On 02 Jun 2011

China’s Housing Markets: Regulatory Interventions Mitigate Risk of Severe Bust

A closer look at the developments in 35 cities across China, looking for potential regional real estate bubbles. An assessment is done about the success of the various policies and their potential n...

by Ulrich Clemens | On 02 Jun 2011

Aid Supplies Over Time: Accounting for Heterogeneity, Trends, and Dynamics

The recent financial crisis has rekindled interest in the foreign aid supply behaviour of bilateral donors. Using the latest data covering the period 1960-2009, this paper examines how such behaviou...

by Sam Jones | On 01 Jun 2011

Hong Kong’s Linked Exchange Rate System

Hong Kong has had a linked exchange rate regime of one kind or another for most of its history as a trading and financial centre. In 1863 the Hong Kong Government declared the silver dollar – then a...

by Hong Kong Monetary Authority | On 27 May 2011

Trade Apprenticeship Training in India

The Indian economy was in the mode of globalization and liberalization. But global financial melt down and consequent economic recession in developed economies have clearly been a major factor in...

by Ministry of Labour and Employment | On 24 May 2011

Behind the Scenes Action: Learning from a Collective Process

Almost two decades after ratifying the International Covenant on Economic, Social and Cultural Rights (ICESCR), India came up for review by the UN Committee on Economic, Social and Cult...

by PCESC R | On 24 May 2011

Regional Openness, Income Growth, and Disparity across Major Indian States during 1980-2004

As a country progressively engages in international trade, its factors of production will increasingly enter into the export sector, where their return is higher, compared to the import competing...

by Dibyendu Maiti | On 23 May 2011

Moving to Goods and Services Tax in India: Impact on India’s Growth and International Trade

The broad objectives of this study refer to analysing the impact of introducing comprehensive goods and services tax (GST) on economic growth and international trade; changes in rewards to the fac...

by National Council of Applied Economic Research | On 19 May 2011

How to bring economics into the 3rd millennium by 2020

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

by Edward Fullbrook | On 17 May 2011

Causes of Asset Shortages in Emerging Markets

In this paper it has been illustrated that emerging markets (EMs) face a shortage of financial assets, with financial assets not growing as rapidly as domestic savings. Then the asset shortage in EMs...

by Chen Jiaqian | On 17 May 2011

Impact and Sustainability of SHG Bank Linkage Programme

Microfinance programmes are known for their potential to generate income and employment and alleviate poverty in developing countries. They are considered for an important approach to poverty alleviat...

by National Council of Applied Economic Research | On 13 May 2011

Non-Recourse Mortgages and Credit Market Breakdowns: A Framework for Policy Analysis

This paper illustrates that the legal structure of mortgage credit, in particular, its status in terms of recourse in foreclosure, can lead not only to the familiar problem of adverse selection ...

by Kaushik Basu | On 05 May 2011

Who Cares about the Chinese Yuan?

The rise of China in the world economy and in international trade has raised the possibility of a rise of the Yuan as an international currency, particularly after the Chinese authorities have under...

by Vimal Balasubramaniam | On 05 May 2011

Strengthening the Nuclear Nonproliferation Regime

This council special report analyzes the shortcomings of the nonproliferation regime and proposes a comprehensive agenda to shore it up.

by Paul Lettow | On 03 May 2011

Deregulation of Savings Bank Deposit Interest Rate: A Discussion Paper

The paper is an attempt to deal with pros and cons of deregulating savings deposit interest rate and take on board the suggestions of various stakeholders for either maintaining the status quo or dere...

by Reserve Bank of India RBI | On 02 May 2011

The Quality of Medical Care in Low-Income Countries: From Providers to Markets

The excellent systematic review in this week’s PLoS Medicine by Paul Garner and colleagues focuses discussion on this critical issue. Their finding of poor quality in both the public and private s...

by Jishnu Das | On 29 Apr 2011

Find Me the Money: Financing Climate and Other Global Public Goods

In this paper, four categories of existing resource-mobilization options are examined, including (1) transportation levies; (2) currency and financial transaction taxes; (3) capitalization of IMF S...

by Nancy Birdsall | On 21 Apr 2011

Did the Indian Capital Controls Work as a Tool of Macroeconomic Policy?

In 2010 and 2011, there has been a fresh wave of interest in cap- ital controls. India is one of the few large countries with a complex system of capital controls, and hence others an opportunity to...

by Ila Patnaik | On 21 Apr 2011

Himachal Pradesh Budget 2011-12

Budget Speech of the Finance Minister. URL: [http://admis.hp.nic.in/budget/Aspx/Anonymous/pdf/FS_Eng_2011.pdf]

by Himachal Pradesh Government of India | On 20 Apr 2011

Statement by Governor, RBI

There have been significant developments in the global economy since we met in the fall of 2010. The IMF too has moved on several fronts under its mandate which has strengthened its position in a chan...

by Duvvuri Subbarao | On 20 Apr 2011

Unique Identity Project in India: A Divine Dream or a Miscalculated Heroism?

This paper, tries to put the current Unique Identity Project (UID) project of India into a perspective to evaluate the set of issues and concerns, as pointed by various stakeholders and try to under...

by Rajanish Dass | On 19 Apr 2011

Financial Transactions Taxes

This paper attempts to address both theoretical and practical considerations for a tax such as financial transactions taxes (FTT). It includes examples of FTT in the wider context, for example, on sto...

by Parthasarathi Shome | On 18 Apr 2011

A Policy Reponse to the Indian Micro-finance Crisis

Recent events in India have brought a fresh focus upon the problem of regulation in the field of micro-finance. This paper delineates the three distinct aspects where government needs to play a role...

by Renuka Sane | On 13 Apr 2011

Financial Regulatory Harmonization in East Asia: Balancing Domestic and International Pressures for Corporate Governance Reforms

Focusing on corporate governance, which many see as a critical part of the 1997 Asian financial crisis, and which is also seen as unresponsive to calls for change, this paper argues that such harmoniz...

by Richard W Carney | On 12 Apr 2011

Budget Speech

This paper presents the annual budget of the Goa Government containing the Annual Financial Statement. URL: [https://www.goa.gov.in/portalweb/login/budget_2011-12/speech.pdf]

by Goa Government | On 06 Apr 2011

Presentation - Managing Foreign Exchange Reserves During and After the Crisis

This presentation was given at the Managing Foreign Exchange Reserves in the Crisis and After Seminar by Robert N. McCauley, which was held in Tokyo, Japan on 15 March 2011. URL: [http://www.adbi.org/...

by Robert N. McCauley | On 06 Apr 2011

Request for Proposal for Selection of Consulting Agency

This paper presents a Solution Approach for Integrated Financial and Human Resource Management Systems for Government of Haryana. URL: [http://www.haryana.gov.in/misc/RFP_eGov_Consultant_IFMS_and_HRM...

by Government of Haryana | On 30 Mar 2011

Status of the Reservation to the Right to Vote in Hong Kong

The Hong Kong government continues to invoke the 1976 reservation to the International Covenant on Civil and Political Rights (ICCPR) entered by the United Kingdom government in relation to Hong Kong....

by Seren S.T. Tang | On 29 Mar 2011

World Malaria Report 2010

The World Malaria Report 2010 summarizes information received from 106 malaria-endemic countries/areas and other partners and it updates the analyses presented in the 2009 Report. It highlights con...

by World Health Organisation | On 25 Mar 2011

IAEA Annual Report for 2009

The International Atomic Energy Agency addresses global issues related to nuclear technology, in accordance with its Statute. In carrying out this mandate, the agency has sought to provide independent...

by International Atomic Energy Agency | On 25 Mar 2011

Towards a Human Security Approach to Peacebuilding

In recent decades, international peacebuilding and reconstruction after civil wars have managed to promote stability and contain conflict in many regions around the world, ending violence and enabling...

by Madoka Futamura | On 24 Mar 2011

Locational Determinants of Acquisitions from China and India:The Role of Human Capital

MNEs are increasingly seeking to augment, as well as exploit, their global competitive advantage. Foreign direct investments are being directed to augmenting the competitive ownership specific...

by De Beule Filip | On 23 Mar 2011

Link between Exporting and Productivity: Firm Level analysis for Indian Chemical Industry

The objective of the paper is to test the empirical regularity that exporters are more productive than non-exporters in India. TFP is calculated from the Cobb-Douglas Production function using a fixe...

by Vinish Kathuria | On 21 Mar 2011

Are Emerging Stock Markets Sideshows? Some Stylised Facts from an Emerging Economy, India

The article addresses one of the most important policy questions: what role do emerging stock markets play in influencing real decisions such as corporate private investment? In this article we pres...

by Saumitra N Bhaduri | On 18 Mar 2011

Banking and Beyond: New Challenges before Indian Financial System

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

by Chakrabarty K C | On 17 Mar 2011

Budget 2011-12, Punjab

Budget speech by Finance minister. URL:[http://punjabgovt.nic.in/departments/Budget/budget/budget.htm].

by Government of Punjab | On 16 Mar 2011

Investment and Capital Market Imperfections: Some Evidence from a Developing Economy, India

The paper presents a switching regression model of investment decision, where the probability of a firm facing financial constraint is endogenously determined. The approach, therefore, obviates the...

by Saumitra N Bhaduri | On 11 Mar 2011

Future Role of Foreign Banks in Asia

Although the Asian Crisis has brought consensus on the necessity of strong domestic financial systems, there is less agreement as to the role of foreign banks in achieving the goals of economic grow...

by Heather Montgomery | On 10 Mar 2011

Giving Credit Where it is Due

This paper shows how the productive interplay of theory and experimental work has furthered our understanding of credit markets in developing countries. Descriptive facts motivated a body of theory,...

by Abhijit V. Banerjee | On 28 Feb 2011

Will it be Different this Time?

All proposals and policy measures in the forthcoming Budget may best be summed up as efforts to improve the sustainability of growth. Specific objectives are likely to be lowering inflation and defici...

by IRIS India IRIS | On 22 Feb 2011

Profitability of Foreign Banks vis-à-vis Other Bank Groups in India – A Panel Data Analysis

The paper analysed the financial performance of foreign banks in comparison with other bank groups in India. The study assumes importance in the context of the on-going preparation of roadmap for th...

by P B Rakhe | On 22 Feb 2011

Are Housing Prices Rising Too Fast in China?

Sharp increase in house prices combined with the extraordinary lending growth in Mainland China during 2009 has led to concerns of an emerging real estate bubble. We find that, for China as a whole...

by Ashvin Ahuja | On 19 Feb 2011

Central Bank Lessons from the Global Crisis

Nine preliminary lessons from the Great Recession for monetary and financial policies are presented. [3rd P. R. Brahmananda Memorial Lecture].

by Stanley Fischer | On 18 Feb 2011

The Malaise of the Indian Financial System: The Need for Reforms

The world over, the financial sector is faced with adjustment problems of facing up to rapid changes in the environment. The Indian financial system cannot be immune to this universal phenomenon. What...

by S.S. Tarapore | On 16 Feb 2011

Evolving Regional Financial Architecture in East Asia

Ten years have passed since the Asian financial crisis that devastated not only the currency values and the financial systems of Indonesia, the Republic of Korea, Malaysia, and Thailand, but also t...

by Masahiro Kawai | On 16 Feb 2011

Education Quality and Development Accounting

This paper measures the role of quality-adjusted years of schooling in accounting for cross-country output per worker differences. [BREAD Working Paper No. 277] URL: [http://ipl.econ.duke.edu/bread/pa...

by Todd Schoellman | On 11 Feb 2011

Linking Globalization to Poverty

Globalization provides a strong potential for a major reduction in poverty in the developing world because it creates an environment conducive to faster economic growth and transmission of knowledg...

by Machiko Nissanke | On 10 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

Key Principles Underlying the New Modes of Aid Governance in Asia

Based on the recent experience of several Asian developing countries and interviews in Vietnam, Indonesia and Laos with aid practitioners from donor institutions and Non Government Organizations (NGOs...

by Caroline Brassard | On 10 Feb 2011

The Global Economic Crisis after One Year: Is a New Paradigm for Recovery in Developing Countries Emerging?

The economic downturn and recession, which spread across the globe following the US sub-prime mortgage crisis in September 2008, has become the dominant news topic of the past year. One year into the...

by Wim Naudé | On 09 Feb 2011

Agreement on Subsidies and Countervailing Measures: Need for Clarification and Improvement

This study is aimed at assessing the Agreement on Subsidies and Countervailing Measures (ASCM) from the perspective of the developing countries such as India and identifying the improvements and clari...

by Anwarul Hoda | On 08 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

The Global Financial Crisis and Macroeconomic Policy Issues in Asia

The purpose of this policy brief is to draw lessons from the recent and ongoing macroeconomic policy experience of Asia’s economies. To do so, in each of three policy areas (monetary, fiscal, and e...

by Shinji Takagi | On 04 Feb 2011

Reforming the Indian Financial System

The key features of Indian finance is summarised. With a growing savings rate and a growing share of private corporate capital forma- tion, and with a high growth rate of GDP, Indian finance is rapi...

by Ajay Shah | On 03 Feb 2011

Singapore Information Sector: A Study Using Input-Output Tables

The paper measures the impact of information technology on the output growth of Singapore economy. [Working Paper No. 18]

by Toh Mun Heng | On 02 Feb 2011

Rising Food Crisis and Financial Crisis in India:Impact on Women and Children and Ways of Tackling the Problem

The objective of the study is to examine the impact of rising food prices and financial crisis on the impact of women and children in India. It identifies the pathways for dealing with the effects of...

by S. Mahendra Dev | On 31 Jan 2011

Global Employment Trends 2011: The Challenge of a Jobs Recovery: Executive Summary

This year's Global Employment Trends report is the first to assess how the world’s labour markets have been faring during the ongoing economic recovery and provide projections of employment and unempl...

by International Labour Organisation ILO | On 31 Jan 2011

Central-Bank Government Relationship in the Context of Emerging Economic Environment

This is a analysis of relationship between the Central Bank of Sir Lanka and the Sri lankan Government. It views the relationship in context of emerging economic environment and global economy.

by P. B. Jauasundera | On 30 Jan 2011

Presence of Foreign Banks in India

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

by Reserve Bank of India | On 26 Jan 2011

Microfinance and Moneylender Interest Rate: Evidence from Bangladesh

The linkage between the formal and informal credit markets has long been of great interest to development economists. This paper addressed one aspect of the linkage by empirically investigating the...

by Debdulal Mallick | On 25 Jan 2011

Cost-benefit Analysis of CFPR

This paper presents a cost-benefit analysis of the first cohort (2002-03) of selected ultra poor (SUP) households of BRAC’s CFPR. The analysis calculates benefit of the programme using primary data...

by Sanjay Sinha | On 20 Jan 2011

The Impact of Social and Economic Development Programmes on Health and Well-being: a BRAC-ICDDR,B Collaborative Project in Matlab

ICDDR,B is an international health research institution. It is equipped with necessary research facilities including excellent field study areas. The field areas are specifically designed for resear...

by Abbas Bhuiya | On 14 Jan 2011

Globalization and the Urban Poor

The focus of this paper is the effect of contemporary globalization on poverty and inequality in cities of the ‘global south’. Specifically it addresses the impact of globalization on marginalize...

by Janice E. Perlman | On 13 Jan 2011

Evolution of India’s Exchange Rate Regime

The paper analyzes the changing INR trends over the reform period, in the context of fundamental determinants of exchange rates. [WP-2010-024].

by Ashima Goyal | On 13 Jan 2011

Socioeconomic Divides in Tuberculosis Control: Study of Smear-Positive TB Prevalence, Care Seeking Behaviour and Role of Informal Healthcare Providers

The Government of Bangladesh (GoB) has intensified the implementation of the directly observed treatment, short-course (DOTS) strategy with the primary aims (i) to detect and treat at least 70% of T...

by Fazlul Karim | On 12 Jan 2011

Vietnam as a Role Model for Development

Vietnam’s development performance since the early 1990s has been one of the strongest in the world, following the introduction of its doi moi (‘renovation’) economic reform programme in 1986. The...

by John Thoburn | On 11 Jan 2011

Implications for Human Development - Impacts of Food Price Volatility on Nutrition and Schooling

This Policy Brief discusses the impacts of the 2007/08 food price inflation on nutrition and on school attendance. It draws on the results of studies commissioned by the UK Department for Interna...

by Imran Matin | On 07 Jan 2011

Intersociety Literacy Comparisons

Basu and Foster (1998) characterized a sophisticated literacy measure using five axioms. In this paper they argue that if a measure satisfies three of their five axioms, namely, anonymity, monoton...

by Satya R. Chakravarty | On 05 Jan 2011

The Financial Deepening–Productivity Nexus in China: 1987–2001

The financial intermediation–growth nexus is a widely studied topic in the literature of development economics. Deepening financial intermediation may promote economic growth by mobilizing more...

by Jun Zhang | On 03 Jan 2011

Explaining Threshold Effects of Globalization on Poverty: An Institutional Perspective

The paper focuses on the non-linearity of the transmission of the impact of globalization on poverty and the existence of threshold effects. Institutions constitute a critical factor for the creatio...

by Alice Sindzingre | On 31 Dec 2010

Assessing Change in Women’s Lives: A Conceptual Framework

In 1992, BRAC extended its comprehensive Rural Development Programme (RDP) to 100 villages of Matlab thana (sub-district) where the International Centre for Diarrhoeal Disease Research, Bangladesh (...

by Marty Chen | On 30 Dec 2010

Poverty and the Welfare Costs of Risk Associated with Globalization

‘Globalization’ implies change, and uncertainty over future change may affect household welfare. They use data on Lorenz curves over the last fifty years for a sample of 53 (mostly developing) cou...

by Ethan Ligon | On 24 Dec 2010

Globalization, Production and Poverty

The impact of globalization on poverty is a matter of keen debate but empirical work in this area has been dominated by cross-country regressions. This paper attempts to link the more macro impact...

by Rhys Jenkins | On 23 Dec 2010

Globalization, Local Ecosystems, and the Rural Poor

Livelihoods of the rural poor in developing countries are critically dependent on the health of the local ecosystems. In this paper they examine the various mechanisms through which globalization...

by Rimjhim M. Aggarwal | On 23 Dec 2010

Is Tibet Entitled to Self Determination?

The purpose of this article is to explore whether Tibet can be said to have a right to self-determination under international law. [CCPL Occasional Paper No. 18]

by Paul Harris | On 21 Dec 2010

Monetary Policy Considerations after the Crisis: Practitioners’ Perspectives

Economic stability can be seen as an essential component of any strategy for inclusive development. To the extent that central banks play a role in providing that stability, the experience of the cris...

by Subir Gokarn | On 21 Dec 2010

Integration of the Ultra Poor into Mainstream Development: How Effective is CFPR?

This paper aimed to understand the dynamics of participation of the TUP (Targeting the Ultra Poor) members of CFPR (Challenging the Frontiers of Poverty Reduction) phase I in the financial market sin...

by Raniya Shams | On 16 Dec 2010

Globalization, Development, and Mobility of Technical Talent: India and Japan in Comparative Perspectives

The objective here is to understand how the mobility of technical talent might be changing the structural relationship between rich and poor countries. This paper examines the under-researched relat...

by Anthony P. D'Costa | On 15 Dec 2010

Mid Term Appraisal for Eleventh Plan 2007-2012

The Mid Term Appraisal (MTA) reviews the experience in the first three years of the Eleventh Plan and seeks to identify areas where corrective steps may be needed. The Planning Commission has deci...

by Planning Commission, India | On 14 Dec 2010

The Future of Financial Liberalization in South Asia

The paper defines financial liberalization, distinguishing between liberalization of domestic financial markets and capital account convertibility. It then examines the stages and the strategy of Ind...

by Ashima Goyal | On 14 Dec 2010

Strategies for the People’s Republic of China’s Small and Medium Enterprise Development within the National Innovation System

With deregulation and globalization, and the impact of these developments on economies worldwide, it has become necessary for the PRC authorities to consider an approach that would further attune it...

by Tracy Yang | On 14 Dec 2010

The Change of the Financial System and Developmental State in Korea

This study examines the role of institutions and their change related to the rapid economic development and the 1997 Korean financial crisis. In Korea, the government built a state- led financial s...

by Kang-Kook Lee | On 13 Dec 2010

People’s Republic of China and its Neighbors: Partners or Competitors for Trade and Investment?

The very rapid economic growth of the People’s Republic of China (henceforth PRC), its dramatic success in world export markets and its heavy receipts of foreign direct investment (FDI) have generat...

by John Weiss | On 10 Dec 2010

Policy Principles for Expanding Financial Access

Despite the rapid growth in finance worldwide over the past quarter- century—now interrupted by the global financial crisis—many low-income households and small firms remain excluded from access to...

by Centre for Global Development | On 10 Dec 2010

Solar Industry –Entering new Dimensions: Comparison of Technologies, Markets and Industries

Over the past two years the solar industry has shown itself to be incredibly resilient to the general economic crisis. Supported by cost-cutting and efficiency improvements, the photovoltaics (PV) in...

by Bank Sarasin | On 10 Dec 2010

Agribusiness in South Asia: A Fact Sheet

Agribusiness is the single largest sector of the economy in many developing countries and is growing fast. The present paper examines the situation of agribusiness in different countries of South Asia...

by Sukhpal Singh | On 09 Dec 2010

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

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

by Kaushik Basu | On 06 Dec 2010

Transparency and Corruption: Does E-Government Help?

Through its pioneering surveys in recent years, the Transparency International (TI) has tried to gauge the extent of corruption in different countries, identify Government departments where corruption...

by Prof. Subhash Bhatnagar | On 06 Dec 2010

E-Commerce and Digital Divide: Impact on Consumers

This paper discusses the concerns on the digital divide and illustrates, through case studies, how the recent developments in the Information and Communication Technology can be gainfully employed in...

by T.P. Rama Rao | On 03 Dec 2010

Composite Indices of Human Well-being: Past, Present, and Future

This paper surveys the various composite well-being indices that have been inter-country assessments over the last 40 or soy ears, including the well known Human Development Index (HDI). A number of...

by Mark McGillivray | On 03 Dec 2010

Consumer Confidence in Financial Markets

This paper makes an attempt to identify major factors, like currency forfeiting, loan default, capital shortfall, capital flight, etc which undermine consumer confidence in the financial services sect...

by Md. Kabir Ahmed Chowdhury | On 02 Dec 2010

Looking Beyond Averages in the Trade and Poverty Debate

There has been much debate about how much poor people in developing countries gain from trade openness, as one aspect of ‘globalization’. The paper views the issue through both ‘macro’ and ‘micro’...

by Martin Ravallion | On 02 Dec 2010

When index dissemination goes wrong: How fast can traders add and multiply?

This paper studies an episode of dissemination of wrong stock index values in real time due to a software bug in the Indian Nifty index futures market on the morning of January 18, 2006. The episod...

by Jayanth R Varma | On 01 Dec 2010

The Role of Information in Technology Adoption under Poverty

An important channel through which globalization affects poverty is introducing new technologies to developing countries. Adoption of new technologies can be hindered by uncertainties about their...

by Jinhua Zhao | On 30 Nov 2010

The Relationship between Income Inequality, Poverty, and Globalization

This paper introduces two composite indices of globalization. The first is based on the Kearney/Foreign Policy magazine and the second is obtained from principal component analysis. They indicate...

by Almas Heshmati | On 30 Nov 2010

World Programme of Action for Youth

This is a ready reference for organizations, youth policy practitioners and young people to the World Programme of Action for Youth (WPAY), its 15 priority areas and their corresponding proposals for...

by United Nations UN | On 29 Nov 2010

Globalization, Poverty and Inequality: What Is the Relationship? What Can Be Done?

The paper studies the relation between globalization, inequality and marginalization, within and across nations. It reviews the existing evidence on globalization and global inequality and argues,...

by Kaushik Basu | On 29 Nov 2010

How Can Donors Create Incentives for Results and Flexibility for Fragile States? A Proposal for IDA

International Development Association (IDA) donors and others operating a country performance-based allocation system face two difficult problems: how to strengthen incentives to produce and document...

by Alan Gelb | On 29 Nov 2010

Channels and Policy Debate in the Globalization-Inequality-Poverty Nexus

The paper offers a critical literature review of the debate surrounding the globalization- poverty nexus, focusing on channels and linkages through which globalization affects the poor. After intro...

by Machiko Nissanke | On 26 Nov 2010

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

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

by Carl Middleton | On 25 Nov 2010

Determinants of Trade Misinvoicing

Traditional explanations for trade misinvoicing -- high custom duties and weak domestic economies — are less persuasive in a world of high growth emerging markets who have low trade barriers. A 35- ...

by Ila Patnaik | On 22 Nov 2010

Globalization and Regional Income Inequality: Evidence from within China

China’s recent accession to the WTO is expected to accelerate its integration into the world economy, which aggravates concerns over the impact of globalization on the already rising inter-region in...

by Guanghua Wan | On 16 Nov 2010

China in Africa: A Macroeconomic Perspective

In recent years, China has dramatically expanded its financing and foreign direct investment to Africa. This expansion has served the political and economic interests of China while providing Africa...

by Benedicte Vibe Christensen | On 15 Nov 2010

Impact of Trade Liberalization on Returns from Land: A Regional Study of Indian Agriculture

Trade liberalization, by aligning domestic prices with world prices, is envisaged to bring welfare gains to a country. In the case of Indian agriculture, owing to the vastness and diversity of the s...

by Nilabja Ghosh | On 11 Nov 2010

Korea’s Unemployment Insurance in the 1998 Asian Financial Crisis and Adjustments in the 2008 Global Financial Crisis

This paper analyzes the impacts of the 1998 and 2008 financial crises on the Korean labor market. They study the historical background of the Korean Employment Insurance System and the change of labor...

by Sung Teak Kim | On 04 Nov 2010

Financial Turmoil in the Banking Sector and the Asian Lamfalussy Process: The Case of Four Economies

This paper investigates the prevailing financial regulatory structures and impact of the current financial turmoil on banking performance in four Asian economies: the People's Republic of China (PRC);...

by Chen-Min Hsu | On 03 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

Solicited and Unsolicited Credit Ratings: A Global Perspective

They conducted a global study of the long-term issuer ratings of nonfinancial firms from Standard and Poor's Ratings Services (S&P) for the period 1998–2003. Specifically, they focused on the solicite...

by Winnie P. H. Poon | On 02 Nov 2010

The Challenges Posed by Globalization for Economic Liberalization inTwo Asian Transitional Countries: Laos and Vietnam

This paper examines the impact of globalization on two transitional economies in Asia. Both countries have undergone a radical economic reform process over the past decade, assisted by increases in...

by Nick. J Freeman | On 01 Nov 2010

Macroeconomic Impacts of Foreign Exchange Reserve Accumulation: Theory and International Evidence

Recently, a dramatic accumulation in foreign exchange reserves has been widely observed in developing countries. This paper explores the possible long-run impacts of this trend on macroeconomic variab...

by Shin-ichi Fukuda | On 01 Nov 2010

Integration of India’s Financial Markets on the Domestic and International Fronts: An Emperical Analysis of the Post-Liberalisation Period. June 2010

Against the backdrop of financial liberalisation, this paper examines India’s financial integration, both on the domestic and international fronts. Preliminary analysis of the secondary data shows ...

by Gargi Sanati | On 29 Oct 2010

Regional Cooperation, Infrastructure, and Trade Costs in Asia

International trade has played an essential role in Asia’s remarkable growth, development, and integration in recent decades. Infrastructure, both hard and soft, has played an integral part in facil...

by Douglas H. Brooks | On 28 Oct 2010

Linking Asia’s Trade, Logistics, and Infrastructure

Infrastructure services, from both hard and soft infrastructure, play a vital role in facilitating Asia’s export-led growth by keeping the prices of delivered goods in export markets competitive. Ef...

by Douglas H. Brooks | On 28 Oct 2010

Strategic Choice of Freight Mode and Investments in Transport Infrastructure within Production Networks

In the context of production linkages in which downstream producers require freight services provided by transport operators, the author show that the strategic choice of using an alternative transp...

by Ying Yi Tsai | On 27 Oct 2010

Private Financing Firms in Karnataka: A Boon for Tax Dodgers

The growth of government financial institutions in India both in terms of number of branches and quantum of credit has been impressive, especially in the post-blank nationalisation period. [Working Pa...

by D. Rajasekhar | On 23 Oct 2010

Financial Crisis and Crisis Management in Sweden. Lessons for Today

This paper gives an account of the Swedish financial crisis covering the period 1985–2000, dealing with financial deregulation and the boom in the late 1980s, the bust and the financial crisis in the...

by Lars Jonung | On 23 Oct 2010

Reform of the International Financial Architecture: An Asian Perspective

It has taken two crises—the Asian financial crisis of 1997-1998 and the global financial crisis of 2007-2009—for the international community to seriously focus on the reform of the international finan...

by Masahiro Kawai | On 23 Oct 2010

The International Mobility of Talent and its Impact on Global Development

Human talent is a key economic resource and a source of creative power in science, technology, business, arts and culture and other activities. Talent has a large economic value and its mobility...

by Andrés Solimano | On 21 Oct 2010

Political Economy of East Asian Regional Integration and Cooperation

In the last decade, East Asia has engaged in constructing numerous mechanisms to enhance regional cooperation in the areas of trade and finance. However, the region’s economic architecture exhibits ce...

by Saori N. Katada | On 21 Oct 2010

Foreign Bond Markets and Financial Market Development: International Perspectives

The domestic bond markets of the Asia and Pacific region have grown considerably since the Asian financial crisis of 1997, although they remain undeveloped relative to the region’s weight in the w...

by Jonathan A. Batten | On 18 Oct 2010

Prudential Discipline for Financial Firms: Micro, Macro, and Market Structures

The recent global financial crisis reflects numerous breakdowns in the prudential discipline of financial firms. This paper discusses ways to strengthen micro- and macroprudential supervision and...

by Larry D. Wall | On 18 Oct 2010

Fiscal Policy in the Crisis: Impact, Sustainability, and Long-Term Implications

The global economic and financial crisis has sparked an unprecedentedly large, generalized fiscal policy response in practically all major industrial and emerging economies, which will change the fi...

by Pier Carlo Padoan | On 15 Oct 2010

Impacts of the Global Financial Crisis on Small and Medium Enterprises in the People’s Republic of China

This paper conducts an in-depth analysis of the impacts of the global financial crisis on the People’s Republic of China’s (PRC’s) small and medium enterprises (SMEs). It also provides relevant policy...

by Xiangfeng Liu | On 15 Oct 2010

Developing Asian Local Currency Bond Markets: Why and How?

This paper examines the motivation for, and the success of, regional efforts in Asia to promote local currency bond markets. The analysis demonstrates that Asian local currency bond markets made sub...

by Mark M. Spiegel | On 14 Oct 2010

Governance, Institutions, and Regional Infrastructure in Asia

This study is a comprehensive, empirical analysis of the linkages between governance, institutions, and regional infrastructure. The empirical results indicate that governance and institutions are cru...

by Prabir De | On 14 Oct 2010

A Diagnostic Study of Wives Deserted by NRIs

There is an urgent need to study the social compulsions/ factors that lead parents to marry off their daughters to NRIs who ruin their lives completely. It is also to be examined whether any safeguard...

by M.K. Jabbi | On 13 Oct 2010

International Reserves and Swap Lines in Times of Financial Distress: Overview and Interpretations

In this paper I review the use of precautionary measures aimed at mitigating emerging markets’ exposure to fragility associated with financial integration. The discussion draws possible lessons from t...

by Joshua Aizenman | On 13 Oct 2010

The Financial Crisis: A Wake-Up Call for Strengthening Regional Monitoring of Financial Markets and Regional Coordination of Financial Sector Policies?

How much can regional monitoring of financial markets and coordination of financial sector policies contribute to preventing and mitigating financial crises? This paper reviews and compares the experi...

by Adalbert Winkler | On 13 Oct 2010

The Role of State Intervention in the Financial Sector: Crisis Prevention, Containment, and Resolution

This paper discusses the role of state intervention for prevention, containment, and resolution of financial crises based mainly on the Korean experience during the 1997 Asian financial crisis. Crises...

by Yoon Je Cho | On 12 Oct 2010

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

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

by Yunling Zhang | On 12 Oct 2010

Regional Monitoring of Capital Flows and Coordination of Financial Regulation: Stakes and Options for Asia

The ongoing global economic crisis has punished Asian economies severely, despite the fact that its origins derive from outside the region. The global economic crisis was transmitted through real and...

by Michael G. Plummer | On 11 Oct 2010

Securitized Products, Financial Regulation, and Systemic Risk

It is widely believed that the practice of securitization is one of the causes that led to the 2007–08 financial crisis. In this paper, I show that securitized products such as collateralized debt obl...

by Mariko Fujii | On 11 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

Lessons from Japan’s Banking Crisis

The Japanese government’s response to the financial crisis in the 1990s was late, unprepared and insufficient; it failed to recognize the severity of the crisis, which developed slowly; faced no major...

by Mariko Fujii | On 08 Oct 2010

Asian Property Markets: No Significant Bubbles-Yet!

After house price bubbles burst in many OECD countries, investors are keeping a very watchful eye for price developments on asset markets that signal a bubble.

by Steffen Dyck | On 08 Oct 2010

Analysing Trade Flows and Industrial Structure of India: The Question of Data Harmonisation

An important requirement for the analysis of trade flows in relation to domestic industrial structure is the availability of a database covering information on trade flows, industry and firm charact...

by C. Veeramani | On 07 Oct 2010

Transparency in Government Procurement

While in their purchase operations, as in all other activities, governments endeavour to maximise the use of scarce financial resources. Some of these objectives are to promote the development of a do...

by Anwarul Hoda | On 07 Oct 2010

Fiscal Policy Issues in Korea after the Current Crisis

This paper examines fiscal policy issues in the Republic of Korea (hereafter Korea) after the 2009 global financial crisis, including the timing of fiscal policy responses, the effectiveness of expans...

by Kiseok Hong | On 07 Oct 2010

Impact of Global Recession on Sustainable Development and Poverty Linkages

The global financial crisis and the resulting economic slowdown may be assumed to have at least the benefit of also reducing environmental degradation in the individual countries. This paper discu...

by Venkatachalam Anbumozhi | On 07 Oct 2010

Asia’s Role in the Global Financial Architecture

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

by Masahiro Kawai | On 05 Oct 2010

Role of the Leading Input in Shaping Institutions: Tendency in the Context of Irrigation Uncertainty

The past three decades have witnessed the growth of a voluminous literature on tenancy arid reIated institutions. Problems of resource use efficiency, role of markets, inter-linkages between markets...

by D. Narayana | On 04 Oct 2010

Measuring the Environmental Impacts of Changing Trade Patterns on the Poor

It is an empirical fact that it is very difficult to balance economic growth, poverty reduction, and environment protection, particularly for developing and transitional economies. While the economic...

by Kaliappa Kalirajan | On 04 Oct 2010

Risk-return Efficiency, Financial Distress Risk, and Bank Financial Strength Ratings

This paper investigates whether there is any consistency between banks’ financial strength ratings (bank rating) and their risk-return profiles. It is expected that banks with high ratings tend to ear...

by Changchun Hua | On 04 Oct 2010

Estimates of External Trade Flows of Kerela: (1975-76 and 1980-81)

Kerela is a region that is deeply integrated with the Indian and the world economy through various ways such as commodity flows, financial movements, labour migration and operations of national and in...

by T.M. Thomas Issac | On 01 Oct 2010

Emergence of Rating Agencies: Implications for Establishing a Regional Rating Agency in Asia

The present analysis sheds light on the setting up a regional rating agency in Asia in the wake of recent financial crisis. We investigate the policy facing a financial regulator while evaluat...

by Ying Yi Tsai | On 30 Sep 2010

The Role of the State in Managing and Forestalling Systemic Financial Crises: Some Issues and Perspectives

This paper reviews recent state interventions in financial crises and draws lessons for crisis management. A number of areas are identified where crisis management could be strengthened, including...

by Charles Adams | On 29 Sep 2010

Macro-prudential Approach to Regulation - Scope and Issues

It is being acknowledged that a macro prudential perspective is critical in designing and pursuing micro prudential regulation of institutions and markets. Two distinct but highly inter-related constr...

by Shyamala Gopinath | On 28 Sep 2010

Fiscal Policy Issues for India after the Global Financial Crisis (2008–2010)

The need for fiscal consolidation and sustainability is one of the key macroeconomic issues confronting Indian economy. This paper attempts to understand India’s current fiscal situation, its likely f...

by Rajiv Kumar | On 28 Sep 2010

HANTEX: An Economic Appraisal

Most Governments in the Third World Countries have actively promoted cooperatives in the traditional sectors of the economy with a view to overcome the diseconomies of small size. Characterised as the...

by Mridul Eapen | On 27 Sep 2010

Millers, Commission Agents and Collusion in Grain Auction Markets: Evidence From Basmati Auctions in North India

This paper undertakes structural estimation of asymmetric auction models in a market for basmati, and detects the presence of a cartel consisting of a large (in market share) local miller and comm...

by A. Banerji | On 23 Sep 2010

Working Group on Development of Children for the Eleventh Five Year Plan (2007-2012): (Volume One)

Nineteen per cent of world’s children live in India. India is home to more than one billion people, of which 42 per cent are children, defined as persons under 18 years of age. In international co...

by Government of India Ministry of Women and Child Development | On 17 Sep 2010

Impact of Remittances on Poverty in Developing Countries

This study undertakes impact analysis of remittances on poverty in developing countries at two levels. Firstly, it estimates the impact of remittances on poverty in 77 developing countries; Secondly,...

by Rashmi Banga | On 17 Sep 2010

Developing Economies and the Environment: The Role of Trade and Capital Flows

This paper reviews (critically and selectively) the literature on the link between economic development, the environment and international trade (and capital flows). In particular, how stricter...

by Partha Sen | On 16 Sep 2010

Synchronization of Recessions in Major Developed and Emerging Economies

This paper examines various measures of synchronization of recessions, including clustering of the onset of recession across economies, proportion of economies in expansion and the diffusion index...

by Pami Dua | On 16 Sep 2010

Design of Power Markets : Different Market Structures and Proposed Options for India

In this paper, the different market structure options and the broad organisational forms of restructured wholesale markets for electricity that have emerged, have been critically analysed. [Working Pa...

by Payal Malik | On 15 Sep 2010

Markets, Institutions and Efficiency: Ground Water Irrigation in North India

This paper analyzes the institutions and markets that govern groundwater allocation in the sugarcane belt of Uttar Pradesh, India, using primary, plot-level data from a village which shares the typic...

by A. Banerji | On 14 Sep 2010

Intellectual Property Protection and the Licensing of Technology to Developing Countries

In this paper, the influence of stronger intellectual property protection on technology transfer into developing countries via licensing is analyzed. Using panel data for the post-TRIPs period 1995-20...

by Sunil Kanwar | On 09 Sep 2010

Measurement of Inflation in India: Issues and Associated Challenges for the Conduct of Monetary Policy

In India, there is a large divergence between CPI and WPI inflation trends in the past, wide dispersion in inflation across commodity groups within WPI, and significant volatility in headline WPI in...

by Nadhanael G V | On 08 Sep 2010

The Evolution of Singapore Business: A Case Study Approach

This volume contains summaries of 12 case studies for three categories of business organisations defined by ownership, i.e. foreign, state and (local) private. The case studies explore the history a...

by Anisha Sabhlok | On 06 Sep 2010

Sports Retailing in India: Opportunities, Constraints and Way Forward

Sports retail is a small but fast growing segment of modern retail in India. Recently, the country has been hosting many international sports and this has given a boost to this sector. Many foreign...

by Arpita Mukherjee | On 13 Aug 2010

Moving to Goods and Services Tax in India: Impact on India’s Growth and International Trade

The differential multiple tax regime across sectors of production leads to distortions in allocation of resources thus introducing inefficiencies in the sectors of domestic production. With regard t...

by Rajesh Chadha | On 12 Aug 2010

New Vistas in Global Cooperation for Science and Education: India to connect to the GLORIAD Network

This lecture series is about the new vistas in Global Comunication for Science and Education.

by Gregory S. Cole | On 09 Aug 2010

Youth Labour Markets in Europe and Central Asia

This paper looks at developments in and around the transition of young people from education to work in the ECA region in recent years. The purpose of the paper is to aid understanding of the curren...

by Niall O’Higgins | On 05 Aug 2010

Asia and the IMF

This lecture series begins with a discussion of the reforms that have undertaken in the IMF since the mid-1990s, and particularly since the start of the Asian economic crisis. It concludes with a disc...

by Stanley Fischer | On 04 Aug 2010

Determinants of Small-Scale Farmer inclusion in Emerging Moder Agrifood Markets: A Study of the Dairy Industry in India

In response to structural transformations taking place in the Indian dairy sector mainly in processing segment this paper examines determinants of market channel choices of milk produce...

by Vijay Paul Sharma | On 02 Aug 2010

European Views on Asia and Europe-Asian Relations

This paper examines in its first part, the views of leading European academics, politicians, lobbyists and opinion-makers on the issue of relations with Asia. The second part of this paper looks at...

by Venil Ramiah | On 29 Jul 2010

Competition and Collusion in Grain Markets: Basmati Auctions in North India

Many small wholesale grain markets in India are characterized by large numbers of sellers and a relatively small number of buyers, thereby lending the price formation process open to manipulation th...

by J.V. Meenakshi | On 26 Jul 2010

The Japanese Economy and Economic Policy in Light of the East Asian Financial Crisis

The depth and breadth of the East Asian financial crisis has added a sense of acute urgency for some concrete and credible measures by policy-makers to revitalise the Japanese economy. While steps...

by Ramkishen Rajan | On 23 Jul 2010

Trends in Technical Progress in India – Analysis of Input-Output Tables from 1968 to 2003

The paper is based on the 8 Input – Output (I-O) tables for the Indian economy available over a period of 36 years from 1968-69 to 2003-04. The technical progress (TP) in the context of the I-O tabl...

by Ravindra H Dholakia | On 22 Jul 2010

Sand in the Wheels of International Finance: Revisiting the Debate in Light of the East Asian Mayhem

The turmoil that has characterised the global financial markets since the 1990s, and particularly the crisis in East Asia, has generated a great deal of support for proposals to add some frictions t...

by Ramkishen Rajan | On 21 Jul 2010

Examining The Case For Reserve Pooling In East Asia: Empirical Analysis

Two features of East Asia’s recovery from the financial turmoil of 1997- 98 appear to be rather paradoxical. First, the regional economies (except Hong Kong, China and Malaysia) have allowed a relat...

by Ramkishen S. Rajan | On 20 Jul 2010

International Outsourcing Hurdles in Value-added Services

International Outsourcing has been traditionally looked upon as a low end cost effective servicing option to take advantage of the cost arbitrage that exists across countries. Of late, many outsourcin...

by Arindam Banerjee | On 15 Jul 2010

Unintended consequences?

The Reserve Bank of India (RBI) seems to have decided, somewhat belatedly, to fight for its own autonomy. Well, it’s better late than never, and there is much to recommend in the suggestion by RBI to...

by T.N. Ninan | On 14 Jul 2010

The State of the Indian Economy 2009-10

Despite signs of recovery from the global financial crisis, the GDP growth rate for the Indian economy is likely to be between 5.8 to 6.1 per cent in 2009-10, below the 6.7 per cent recorded in fisc...

by Mathew Joseph | On 14 Jul 2010

Residential Location and Youth Unemployment: The Economic Geography of School-To-Work

In response to increased international policy attention to youth unemployment this study investigates post-secondary school transitions of school leavers. Multinomial log it models are estimated for m...

by Regina T. Riphahn | On 09 Jul 2010

The End of ODA (II): The Birth of Hypercollective Action

The development business has become much more complex in the past decade, with actors proliferating and collaboration fragmenting. This trend is characteristic of the change from collective action t...

by Jean-Michel Severino | On 08 Jul 2010

The Unsupportable Support Price : The Government in Paddy Auctions of Northern India

In consonance with the global trend of redefining the role of the government in developing and transition economies from producer to facilitator, there is today a lively debate in India on governm...

by J.V. Meenakshi | On 07 Jul 2010

The Question of Land and Infrastructure Development in India: Urgently Required Reforms for Fairness and Infrastructural Development

In this paper an analytical critique of the law and restrictions as also of the framework of urban planning and a justification for why major change is required in the approach to land markets, lan...

by Sebastian Morris | On 29 Jun 2010

The Structure of Tariffs and Long-Term Growth

We show that the ‘skill-bias’ of a country’s tariff structure is positively correlated with long-term per capita GDP growth. Testing for causal mechanisms, we find evidence consistent with the exist...

by Nathan Nunn | On 28 Jun 2010

A Decomposition of Poverty Tre across Regions: The Role of Variation in the Income and Inequality Elasticities of Poverty

The impact of globalization on global and local inequality is hotly debated in the recent literature. This study considers the separate issue of the impact of globalization on poverty through quan...

by Adriaan Kalwij | On 28 Jun 2010

The Plastics Conundrum What is the Way Out?

It has been more than a decade since the debate on the feasibility of plastics started at the international level. The environmentalists and the plastics industry have slugged it out on whether plas...

by | On 24 Jun 2010

Analysis of Internet Patenting Strategies of E-commerce Firms

Patents and patent applications are important indicators of innovative activity in industrial R & D, especially in areas such as Information Technology (IT), where technology growth is rapid. Within...

by Biju Paul Abraham | On 22 Jun 2010

Women and Sustainable development

In this paper there is an attempt to bring in some theoretical analysis on the development process and women's roles in it as seen and advocated by the women's movements and later on by the State and...

by Aleyamma Vijayan | On 22 Jun 2010

Matching for Credit: Risk and Diversification in Thai Microcredit Groups

How has the microcredit movement managed to push financial frontiers? In a context in which borrowers vary in unobservable risk, Ghatak (1999, 2000) shows that group-based, joint liability contracts p...

by Christian Ahlin | On 21 Jun 2010

The Currency and Financial Crisis in Southeast Asia: A Case of 'Sudden Death' or Death Foretold'?

Almost all existing studies on the causes, consequences and policy implications of the economic and financial crisis faced by East Asia have provided only a cursory discussion of broad data at best,...

by Ramkishen Rajan | On 18 Jun 2010

The Exchange Rate Regime in Asia: From Crisis to Crisis

Prior to the Asian financial crisis, most Asian exchange rates were de facto pegged to the US Dollar. In the crisis, many economies experienced a brief period of extreme flexibility. A `fear of float...

by Ila Patnaik | On 18 Jun 2010

Understanding Vietnam: A Look Beyond Facts and Figures

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

by Tamara Trinh | On 16 Jun 2010

Public Works Department Delhi Government

Public Works Department is engaged in planning, designing, construction and maintenance of government assets in the field of built environment and infrastructure development. This paper talks about...

by Sabith Ullah Khan | On 16 Jun 2010

Parking Space for the Poor: Restrictions Imposed on Marketing and Movement of Agricultural Goods in India

Agricultural markets in India have been regulated since 1928 with the inception of the "Royal Commission of Agriculture." Policy intervention in agriculture was virtually absent till the Bengal Fam...

by Mayank Wadhwa | On 16 Jun 2010

Street Vendors: Exploitation by the State

Street vendors are those millions of people who come to cities as economic refugees hoping to provide basic necessities for their families.They are the main distribution channels for a large variety...

by Shailly Arora | On 15 Jun 2010

Limitations on Universality: The “Right to Health” and the Necessity of Legal Nationality

The fact that statelessness as a concept is largely absent from the medical literature has been on e of the central motivatin factor for this essay which aims for a discussion, primarily to illustr...

by Lindsey N. Kingston | On 15 Jun 2010

Quantifying Transport, Regulatory and Other Costs of India-Bangladesh Trade, Transaction Cost, and Corruption

The present study shows that informal barriers/para-tariff in India-Bangladesh trade are already high and further trade liberalisation without improving the infrastructure and reducing corruption woul...

by Samantak Das | On 14 Jun 2010

Agricultural Development for Peace

Agricultural development can contribute significantly to peace by raising incomes and employment, thereby reducing the social frustrations that give rise to violence. Agricultural growth also gene...

by Tony Addison | On 10 Jun 2010

Providing Microfinance and Social Space to Empower Adolescent Girls: An Evaluation of BRAC’s ELA Centres

Lately there has been a surge in the variety of approaches to assist the adolescents, specially the girls, in building up their lives and livelihoods. With financial assistance from Nike Foundation,...

by Rizwana Shahnaz | On 10 Jun 2010

Non-Tariff Measures Affecting India’s Textiles and Clothing Exports: Findings from the Survey of Exporters

This paper reports findings from the survey of India’s textiles and clothing exporters. The survey method has been used to identify and assess the impact of Non-Tariff Measures (NTMs) and the Cost of...

by Gordhan K Saini | On 09 Jun 2010

Measuring Discrimination in Education

In this paper, a methodology to measure discrimination in educational contexts is illustrated. In India, exam competition is run through which children compete for a large financial prize and teachers...

by Rema Hanna | On 08 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

Trade in Financial Services: India's Opportunities and Constraints

This paper analyzes the prospects for liberalizing financial services under the GATS, in view of India’s interests and concerns in this sector. The paper consists of seven sections. Section 2 discuss...

by Rupa Chanda | On 03 Jun 2010

Book Review:Women's Health: Grounded in Work

Review of Women Work and Health: Current Concerns, Amita Sahaya and Sunita Kaistha (Editors). Published by The Women Press, New Delhi-110007 in association with Women Work and health Initiatives (...

by Ruby Ojha | On 03 Jun 2010

The Economics of Adaptation to Extreme Weather Events in Developing Countries

Without a better understanding of the interactions between international players, households and public sector, it will be difficult for climate negotiators and donor institutions to determine the...

by Brian Blankespoor | On 01 Jun 2010

Education Impact Study: The Global Recession and the Capacity of Colleges and Universities to Serve Vulnerable Populations in Asia

This paper reviews the capacity of colleges and universities to serve poor and vulnerable populations during past and present economic shocks. The main argument is that the environment of the global r...

by Gerard Postiglione | On 27 May 2010

External Assistance for Urban Development: A Scoping Study for Further Research

Analysis of developing country cities indicates that neither policy frameworks nor infrastructural investments have kept up with urban growth, that the wrong choices with long-term consequences are be...

by Homi Kharas | On 20 May 2010

Grassroot Empowerment (1975-1990): A Discussion Paper

The discussion focusses on women in poverty their concentration in rural and urban areas, and the organisational approach for their mobilization and empowerment. Maximum emphasis has been placed on...

by Narayana K Banerjee | On 17 May 2010

Women Safety in Delhi

This paper attempts to question the state of ‘women community” at large with situation depicting the growing rate of crime, oppression and subjugation which is historically unprecedented and its re-...

by Chitra Mishra | On 03 May 2010

Implementation of Monetary Policy in India

How does the Reserve Bank of India implement monetary policy? The objectives and framework of monetary policy, as they have evolved, the operational aspects of monetary policy have been discussed. Th...

by Deepak Mohanty | On 08 Apr 2010

Regulatory Structure for Financial Stability and Development

Stricter regulatory surveillance in emerging market economies (EMEs) largely insulated their financial systems from the crisis. Development and convergence of regulatory apparatus has been rapid. In...

by Ashima Goyal | On 29 Mar 2010

The Impact of the Commonwealth Games 2010 on Urban Development of Delhi -An Analysis with a Historical Perspective from Worldwide Experiences and the 1982 Asian Games

The paper raises some hard questions that need to be answered before one can conclude that events such as Common Wealth Games has a positive effect on the host community. Can the financial requirement...

by Vinayak Uppal | On 23 Mar 2010

Karnataka Budget 2010-11

Budget speech by finance minister of Karnataka

by Government of Karnataka GoK | On 05 Mar 2010

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

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

by Xiaoqiang Cheng | On 23 Feb 2010

Transport Infrastructure and Poverty Infrastructure

The main issues surrounding this concern and provides a range of policy, regulatory, and institutional measures that could help strengthen the impact of transport infrastructure on poverty reduction...

by Sununtar Setboonsarng | On 10 Feb 2010

Competitiveness of Firms in Indian Automobile Industry

The competitiveness among the firms in Indian automobile industry has been assessed by understanding the factors that determine its competitive advantage. The efforts have been made to construct a com...

by G Burange | On 05 Feb 2010

Third Quarter Review of Monetary Policy 2009-10

The Reserve Bank has pursued an accommodative monetary policy beginning mid-September 2008 in order to mitigate the adverse impact of the global financial crisis on the Indian economy. The measures ta...

by D Subbarao | On 29 Jan 2010

Where Are India’s International Reserves Invested?

Most standard indicators suggest that India’s reserve stock is more than adequate. The rapid stockpiling of foreign exchange reserves implies that the RBI has been leaning-against-the-wind to keep dow...

by Ramkishen S. Rajan | On 25 Jan 2010

Measures of Inflation in India: Issues and Perspectives

A review of the various primary measures of inflation with a particular reference to the divergence between WPI and CPI. Focus is also given on different secondary (derived) measures of inflation, par...

by Deepak Mohanty | On 21 Jan 2010

Book Review: Microfinance-Is it a means of Empowering Women?

Multiple Meanings of Money: How Women See Microfinance by Smita Premchander, V. Prameela, M. Chidambaranathan, L. JeyaseelanSage publication, 2009, Pp 264, Rs. 595/-

by Sanchita Das | On 20 Jan 2010

Can Global De-Carbonization Inhibit Developing Country Industrialization?

In this paper, we seek to make a twofold contribution. On outcomes, we focus on manufacturing exports as well as on manufacturing output both in the aggregate and in selected sectors. On policy, the i...

by Aaditya Mattoo | On 19 Jan 2010

Why India Choked when Lehman Broke

India has an elaborate system of capital controls which impede cap- ital mobility and particularly short-term debt. Yet, when the global money market fell into turmoil after the bankruptcy of Lehman...

by Ila Patnaik | On 19 Jan 2010

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

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

by Kaushik Basu | On 15 Dec 2009

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

Non-Tariff Measures Affecting India’s Textiles and Clothing Exports: Findings from the Survey of Exporters

This paper reports findings from the survey of India’s textiles and clothing exporters. The survey method has been used to identify and assess the impact of Non-Tariff Measures (NTMs) and the Cost of...

by Gordhan K Saini | On 11 Dec 2009

Should Banking Be Made Boring? - An Indian Perspective

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

by Duvvuri Subbarao | On 25 Nov 2009

Think the Future

The time may have come to stop thinking of five-year plans, and to focus instead on 10- and 20-year scenarios.

by T.N. Ninan | On 23 Nov 2009

Post-Conflict Recovery: Does the Global Economy Work for Peace?

This paper mainly addresses the economic dimensions, concentrating on the importance of international trade to state-building and the need for global public goods in a global market economy. The focu...

by Tony Addison | On 23 Nov 2009

No One Barked

No reponse form the policies that the government is announcing

by T.N. Ninan | On 20 Nov 2009

Women in Self Help Groups and Panchayti Raj Institutions: Suggesting Synergistic Linkages

Questions about the processes of empowerment generated under each of these interventions and also suggests synergistic linkages between the two are raised.

by Joy Deshmukh Ranadive | On 13 Nov 2009

Track Record of Financial Institutions in Assisting the Poor in Asia

A variety of institutional forms of microfinance are being introduced in Asia including by the ADB-and financial institutions pursue different objectives, so it is difficult to assess how well micro...

by Richard L Meyer | On 13 Nov 2009

Should Asian Countries Adopt Gm Crops Despite Trade Regulations

This brief summarizes a study evaluating the potential economic effects of introducing genetically modified (GM) food crops in India, Bangladesh, Indonesia, and the Philippines in the presence of trad...

by Guillaume Gruère | On 11 Nov 2009

Government vs Weather The True Story of Crop Insurance in India

The government of India started offering widespread crop in insurance in 1985, with the Comprehensive Crop Insurance Scheme. The CCIS has been replaced by the National Agriculture Insurance Scheme....

by Jennifer Ifft | On 06 Nov 2009

Philosophy and Practice of Financial Sector Regulation – Space for Unorthodoxy

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

by Shyamala Gopinath | On 05 Nov 2009

The Deluge of Debt: Understanding the Financial Needs of Poor Households

This paper is about the financial lives of poor households. It examines the different sources of income and expenditure of the poor households residing in a coastal settlement in Kerala. The method...

by B. S. Suran | On 29 Oct 2009

Second Quarter Review of Monetary Policy 2009 -10

The repo rate has been kept unchanged at 4.75%. The reverse repo rate left steady at 3.25%. The bank rate has been retained unchanged at 6.0%. The cash reserve ratio (CRR) of scheduled banks has been...

by D Subbarao | On 27 Oct 2009

Global Nutrition Institutions: Is There an Appetite for Change?

This paper describes the major institutional weaknesses in global nutrition and presents two recommendations to address the joint problems of incoherence, lack of institutional leaders, and persistent...

by Ruth Levine | On 27 Oct 2009

Learning from Crises

Recollect and recount lessons from crises. The key lessons are how to anticipate and take pre-emptive action and equally important, once you are in the middle of it, how to respond effectively namely,...

by Usha Thorat | On 22 Oct 2009

Climate Change and China: Technology, Market and Beyond

The paper discusses the impacts of climate change to the environment of China and most especially to the livelihood of Chinese people there. It analyzed the Chinese government’s position and enumerate...

by Dale Jiajun Wen | On 16 Oct 2009

Emerging Market Concerns: An Indian Perspective

From the perspective of Emerging Market Economies (EMEs) and particularly for that of India, five concerns are expressed. These are: first, timing of exit from the accommodative monetary policy in the...

by D Subbarao | On 15 Oct 2009

Coping with Rising Food Prices: Policy Dilemmas in the Developing World

Rising food prices cause considerable policy dilemmas for developing country governments. Letting domestic prices adjust to reflect the full change in international prices generates inflationary pres...

by Nora Lustig | On 09 Oct 2009

Emerging Asia's Middle Class-A Force to be Reckoned With

The emergence of a large and dynamic middle class raises Asia’s profile as an attractive market destination for products ranging from consumer goods to financial services. There are even hopes that th...

by Steffen Dyck | On 06 Oct 2009

New Financiers and the Environment: Ten Perspectives on How Financial Institutions can Protect the Enviornment

This new report discusses the experience with environmental standards and how it can be useful for new financiers. It contains ten papers written by experts from civil society, financial institutions...

by International Rivers Network IRN | On 01 Oct 2009

Size, Efficiency and Financial Reforms in Indian Banking

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

by Pradeep Srivastava | On 23 Sep 2009

Poverty Vs Inequality

Are economic reforms and the greater role of markets responsible for growth being anti-poor and anti-equality, or is it the failure of governance in poverty-ridden states like Bihar and Jharkhand that...

by T.N. Ninan | On 22 Sep 2009

Chronic Poverty and Development Policy in Sri Lanka: Overview Study

The present study attempts to capture chronic poverty in Sri Lanka by examining general information on poverty and drawing conclusions on those who are likely to be among the chronic poor. Certain p...

by Indra Tudawe | On 17 Sep 2009

Monetary Policy, Forex Markets and Feedback Under Uncertainity in an Opening Economy

Options for monetary policy arising from interactions between it and Indian foreign exchange (FX) markets. A brief survey covers recent rapid changes providing a snapshot of current microstructure, ...

by Ashima Goyal | On 14 Sep 2009

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

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

by Michael Pomerleano | On 07 Sep 2009

Ethics and the World of Finance

How do we, as individuals, approach issues of ethics and values? Are our approaches different in our personal and professional lives? Are issues of ethics different in the financial sector? What are t...

by Duvvuri Subbarao | On 02 Sep 2009

A Simple Model of the Financial Crisis of 2007-9 with Implications for the Design of a Stimulus Package

The financial crisis of 2007-09 began as a local problem in the mortgage finance market in the United States and Europe but, within months, escalated into a general global financial crisis, resulting...

by Kaushik Basu | On 17 Aug 2009

Developing The Indian Debt Capital Markets: Small Investor Perspectives

This paper argues that with the recent economic reforms, an efficient and active debt market, particularly in long-term private debt instruments, is essential for the country to realize the full bene...

by Pronab Sen | On 13 Aug 2009

Technology, Financial Inclusion and Role of Urban Cooperative Banks

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

by Chakrabarty K C | On 11 Aug 2009

Restoring the Asian Silk Route: Toward an Integrated Asia

Lack of full regional connectivity is one of the major constraints hindering regional growth and integration in Asia, as well as with the rest of the world. One of the conclusions of this paper is tha...

by Biswa N Bhattacharyay | On 11 Aug 2009

Technical Change, International Competitiveness, and Role of the State: Indian Machine Tool Industry's Experience

The production of machine tools has long been associated with industrialisation besides a formidable factor of technical change and international competitiveness. This potent role of machine tool in...

by Vinish Kathuria | On 06 Aug 2009

Village Development Boards (VDBs) in Nagaland

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

by Karmakar K G | On 06 Aug 2009

A Model of Market Clearing Exchange Rates

This paper formulates a model of exchange rate determination that describes the market processes by which the foreign exchange markets are cleared and international receipts of countries are brought...

by Rajas Parchure | On 06 Aug 2009

South-South FDI vs North-South FDI: A Comparative Analysis in the Context of India

This paper attempts to compare the characteristics of South-South FDI versus North-South FDI in the context of India. The analysis is carried at two levels. First t the overall trends of FDI flows (bo...

by Subhasis Bera | On 28 Jul 2009

Hong Kong's Banks During the Financial Crisis

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

by Robert Mülhaupt | On 15 Jul 2009

Impact of Global Financial Crisis on Reserve Bank of India (RBI) as a National Regulator

The multi-dimensional role of RBI and how it reponded to the financial crisis is depicted in the presentation. [Presentation made at the 56th EXCOM Meeting and FinPower CEO Forum organised by APRACA a...

by Usha Thorat | On 15 Jul 2009

Global Financial Architecture: Past and Present Arguments, Advice, Action

In the context of the formation of G-20, the paper points out the absence of reform in the global financial architecture (GFA) after the East Asian crisis, and assesses factors that can improve the ch...

by Ashima Goyal | On 15 Jul 2009

A Status Report on India’s Financial System: A view from the Standpoint of Intermediation and Risk Bearing

The paper seeks to analyse and discuss the impact of financial reform and related institutional change on the process of financial intermediation. In effect reforms stood the earlier quantity driven...

by Chakrabarti B.B. | On 09 Jul 2009

Financialization of Capital - Deterioration of Working Conditions

This paper addresses the issue of establishing a regulatory regime along the production, supply and value chains of multinational corporations in terms of setting labor standards and protecting worker...

by Fichter Michael | On 08 Jul 2009

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

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

by Jose Ricrado Goncalves | On 06 Jul 2009

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 of the Internal Working Group on Debt Management

Establishing a debt management office would consolidate all debt management functions in a single agency, and be the catalyst for wider institutional reform and transparency about public debt. It is i...

by Ministry of Finance | On 04 Jul 2009

Emerging Contours of Financial Regulation: Challenges and Dynamics

The paper attempts to analyse the emerging contours of regulation of financial institutions with an emphasis on the emerging challenges and dynamics. [Paper prepared for Financial Stability Review of...

by Rakesh Mohan | On 29 Jun 2009

Preliminary Note on Financial Crisis and Trade and Investment Treaties

North-South free trade agreements (FTAs), bilateral investment treaties (BITs) and World Trade Organization (WTO) commitments often contain a number of provisions that can increase the likelihood of a...

by Third World Network | On 28 Jun 2009

Racial Inequality and Segregation Measures: Some Evidence from the 2000 Census

This paper examines the extent to which income differences across the racial groups can account for observed residential segregation. The authors adopt an approach to the decomposition of segregation...

by Rajiv Sethi | On 27 Jun 2009

Measuring Inflationary Pressure in Bangladesh: The P-Star Approach

The paper estimates the P* model for Bangladesh economy and test its forecasting ability through generating recursive forecasts. The empirical result shows that the model performs relatively well and...

by Mustafa. K. Mujeri | On 27 Jun 2009

Crises, Capital Controls, and Financial Integration

This paper analyzes the effects of capital controls and crises on financial integration, using stocks from emerging economies that trade in both domestic and international markets. The cross market p...

by Eduardo Yeyati | On 27 Jun 2009

Is the BDP Ultra Poor Approach Working? Survey of Some Key Issues

The objectives of this paper are to assess the knowledge retention on IGA training, and to explore the quality of participation in financial and non-financial services by the BDP ultra poor. We found...

by Proloy Barua | On 25 Jun 2009

Transmission of International Commodity Prices to Domestic Prices in Bangladesh

In recent years, Bangladesh has experienced persistent price increases, especially of food items, in the domestic market in the backdrop of global increase in food prices. Such price developments in t...

by M. Golam Mortaza | On 22 Jun 2009

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

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

by Amit. K. Bhandari | On 16 Jun 2009

Disentangling the Global Financial Crisis: A Review of the Global Response

At this moment, the world is undergoing the worst economic crisis since the Great Depression of 1930s. It is not clear exactly which factors instigated the crisis, but there are many candidates; the f...

by H. N. Thenuwara | On 15 Jun 2009

Financial Development and Velocity of Money in Bangladesh: A Vector Auto- Regression Analysis

The study uses co-integration and vector auto-regression (VAR) techniques to identify the determinants of income velocity of money (VM) in Bangladesh, covering both narrow and broad money. The study o...

by Md. Akhtaruzzaman | On 15 Jun 2009

Employment Promoting Growth in Bangladesh: Monetary and Financial Sector Issues

Although economic growth has improved in recent years in Bangladesh, the better economic performance has not translated into satisfactory poverty reduction. The type of growth that matters Bangladesh...

by Mustafa. K. Mujeri | On 15 Jun 2009

Financing Long Term Investments in Bangladesh: Capital Market Development Issues

There has been an increase in the demand for infrastructure services and opening up of the infrastructure sector for private investment. As a result, a large number of financial intermediaries and pri...

by Mustafa. K. Mujeri | On 15 Jun 2009

Regulatory Structure Under EC Competition Laws: Lessons for India

Competition law is different from other branches of law. It is not about the fairness or morality to be instilled in the actions which mark societal behaviour. Instead the rules of competition reflect...

by Tarun Jain | On 14 Jun 2009

Foreign Exchange Liberalization: Perceptions, Realities and Way Forward

The article focuses on understanding of the economics of the exchange control liberalisation in macroeconomic perspectives and, therefore, the article does not attempt to interpret or explore the lega...

by P Samarasiri | On 12 Jun 2009

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

India’s Approach to Capital Account Liberalization

In this paper, the author analyzes India’s approach to capital account liberalization through the lens of the new literature on financial globalization. India’s authorities have taken a cautious and c...

by Eswar S. Prasad | On 09 Jun 2009

Risk Management in the Midst of the Global Financial Crisis

The global economy is passing through its deepest financial and economic crisis of our time. Protecting the Indian economy from the worst impact of the crisis has been a big challenge for the governme...

by D Subbarao | On 08 Jun 2009

Health Economics for Developing Countries: A Survival Kit

Health economics is increasingly recognized as a discipline that has much to offer developing countries in addressing these problems, but how can it help? What economic concepts and tools can be appli...

by Anne Mills | On 04 Jun 2009

China- India Economic Engagement Building Mutual Confidence

China and India, Asia's two largest and most dynamic societies, have come to be important players in regional and global decision-making. Both countries have had their share of experience in colonial...

by Swaran Singh | On 03 Jun 2009

Trading our Way Out of the Financial Crisis: The Need for WTO Reform

In the context of the deepening global crisis that is pushing millions more women, children, and men into poverty in developing countries, development should be the centerpiece of reforming the global...

by Kevin P. Gallagher | On 29 May 2009

Performance and Development Effectiveness of the Sardar Sarovar Project

The study was undertaken with the objective to review and analyse the costs and benefits of the Sardar Sarovar Dam at this stage, when efforts are being made to complete the last leg of the dam, rai...

by Tata Institue of Social Sciences TISS | On 26 May 2009

Risk Management Lessons from the Global Financial Crisis

During the global financial turmoil of 2007 and 2008, no major derivative clearing house in the world encountered distress while many banks were pushed to the brink and beyond. An important reason for...

by Jayanth R Varma | On 26 May 2009

Information Technology and Banking – A Continuing Agenda

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

by D Subbarao | On 25 May 2009

Insecurities of the Old and Marginalized: Inflation, Oil Shocks, Financial Crisis and Social Security

The paper examines the impact of recent inflation and financial shocks on the vulnerable, and explores policy design to reduce both future shocks and vulnerability to shocks. Inflation affects the typ...

by Ashima Goyal | On 22 May 2009

Managing Prolonged Low Fertility: The Case of Singapore

This paper analyzes Singapore’s multi-pronged approach to managing prolonged low fertility which has led to population aging, labor force shortages, increasing elderly dependency ratios, and feminizat...

by Mukul. G Asher | On 15 May 2009

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

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

by Fan Zhai | On 14 May 2009

The Asian “Noodle Bowl”:Is It Serious for Business?

A lively debate is taking place over the impact of free trade agreements (FTAs) on East Asia's business between those who view the agreements as a harmful Asian "noodle bowl"—i.e., overlapping regiona...

by Masahiro Kawai | On 13 May 2009

The Two Waves of Service-Sector Growth

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

by Barry Eichengreen | On 08 May 2009

Reporting The Olympic Year

This paper discusses if the Olymipic Games presented a change- not change along the lines of South Koreas leap towards democracy after the Seol Olympics, but some small shift- and how the nature of it...

by Jane Macartney | On 05 May 2009

Globalisation Produces Good Outcomes, Enhance Them: Prof Bhagwati

This paper talks of good outcomes of Globalisation which needs to be further inproved wherein Institutional response mechanisms should be designed to address any problems that may arise in specific ar...

by Jagdish Bhagwati | On 03 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

Nutritional Deprivation Among Indian Pre-School Children: Does Rural-Urban Disparity Matter ?

The rural-urban disparities are a reality in developing countries like India. Post reform, there are lot of empirical studies which has focused on this aspect of development experience in India. The v...

by Rudra Narayan Mishra | On 01 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

Controlling Money and Politics – An Exercise in Damage Control

In many countries political financial regulations have been introduced.

by Marcin Walecki | On 28 Apr 2009

Essential Drugs in Government Healthcare: Emerging Model of Procurement and Supply

This paper details the procedures adopted by the Tamil Nadu Medical Services Corporation in procuring and supplying essential drugs to the government health care which is a positive measure in ensurin...

by Lalitha N | On 22 Apr 2009

Budget 2009-10, Orissa

Budget speech of finance minister

by Orissa Government | On 13 Mar 2009

Trade in Energy Services: GATS and India

India’s opportunities and constraints to trade in energy services within the GATS framework are examined. The study found that India has the capability of exporting high-skilled manpower at competit...

by Arpita Mukherjee | On 25 Feb 2009

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

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

by Duvvuri Subbarao | On 24 Feb 2009

Kerala Budget Speech 2009-10

Budget speech by finance minister Dr. Thomas Issac

by Government of Kerala Govt | On 23 Feb 2009

Voices from the South: The Impact of the Financial Crise

Twenty-one thinkers, academics and policymakers from 14 developing countries present snapshot views of how the financial crisis is affecting their countries

by Globalisation Team IDS | On 31 Jan 2009

Some Reflections on the Recent Global Financial Turmoil – an Indian Perspective

The speech tries to underline some lessones that be drawn from the financial crisis relevant to regulation, financial markets and the market infrastructure and to reflect on these. [Annual Conference...

by Shyamala Gopinath | On 15 Jan 2009

Indian Railways in the Past Twenty Years Issues, Performance and Challenges

To understand the development process of Indian Railway’s over the past twenty years, the study covers issues and strategies related to financial and physical aspects of revenue generating freight and...

by G. Raghuram | On 06 Jan 2009

Report on the GLobal Financial Crisis and Kerala Economy: Impact and Mitigation Measures

This preliminary report has been prepared with a view to assist the state government in understanding the implications of the crisis, so that appropriate policies and programmes could be chalked to de...

by Centre for Development Studies CDS | On 02 Jan 2009

The Global Financial Turmoil and Challenges for the Indian Economy

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

by D Subbarao | On 19 Dec 2008

Reducing Currency and Maturity Mismatch

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

by Khee-Giap Tan | On 19 Dec 2008

Mitigating Spillovers and Contagion Lessons from the Global Financial Crisis

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

by Duvvuri Subbarao | On 05 Dec 2008

The Role of Fiscal and Monetary Policies in Sustaining Growth with Stability in India

This paper focuses on the role of fiscal and monetary policies in the evolution of the Indian economy over the years, with particular attention being given to the reforms undertaken in these policies...

by Rakesh Mohan | On 28 Nov 2008

Contemporary International and Domestic Banking Developments and the Emerging Challenges

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

by Leeladhar V | On 25 Nov 2008

Performance of Indian Cement Industry: The Competitive Landscape

The competitiveness among the firms in Indian cement industry has also been evaluated. For the year 2006-07, out of the sample of seventeen firms (90.21% of the total market share), about 47% have re...

by G Burange | On 19 Nov 2008

Changes in Poverty Profile in China

This study presents a comprehensive picture of poverty chnages in China in the period of 1978-95. Using two micro data sets from Household Income Surverys of 1988 and 1995, the author examines poverty...

by Li Shi | On 18 Nov 2008

Trade in Health Services

The paper provides an overview of the nature of trade in health services in the world economy. It oulines some of the general implications of trade in health services for national health systems for a...

by Rupa Chanda | On 13 Nov 2008

FEER, November 2008: Contents

Can Asia Consume A Way Out of Crisis? Hugo Restall, editor of the REVIEW, looks at the prospects of Asian governments' efforts to jump start domestic demand through Keynesian stimulus packages. F...

by FEER | On 10 Nov 2008

Hobbes, Coase and Baliraja: Equity and Equality in Surface Water Distribution

It is attempted to understand the implications of equality in water distribution on social welfare with a simple abstract analysis using Leontief-type fixed production function.

by Sashi Sivramakrishna | On 16 Oct 2008

Having Customers Share The Perception Of Quality Assessments On The French Wine Market

The wine market is a pretty paradoxical research object for the economical and marketing studies. In France alone, every year, hundreds of thousands of new brand differentiated products are marketed....

by Geneviève Teil | On 15 Oct 2008

Global Financial Turmoil and India’s Look East Policy

The ongoing global financial turmoil represents an end of an era of exuberant financial capitalism. But the transition to a more sedate and scaled down financial sector will be traumatic for the world...

by Mukul Asher | On 15 Oct 2008

Lessons from the Global Financial Crisis with special reference to Emerging Market Economies and India

Each day, there is news of the crisis spreading to a newer part of the world or to a newer institution. What we are going through is an unprecedented crisis; and we will be failing the world if we do...

by Duvvuri Subbarao | On 15 Oct 2008

International Financial Regulation : The Quiet Revolution

The author points out that the general directions of change adopted by the financial authorities in countries around the world in response to the market turbulence of 1997 and 1998 are correct. But, e...

by Howard Davies | On 14 Oct 2008

Right to Drinking Water in India

This paper proceeds with approach that it is the constitutional obligation of the State to provide adequate quantity of drinking water to the citizens and also protect water resources as common good...

by Ramachandraiah C | On 13 Oct 2008

FTA with Australia by next year

Malaysia and Australia hope to conclude free trade agreement (FTA) negotiations by 2009, said International Trade and Industry Minister Tan Sri Muhyiddin Yassin. [Bilaterals.org]

by Teh Eng Hock | On 08 Oct 2008

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

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

by Jahangir Aziz | On 07 Oct 2008

Consultation Paper on Media Ownership

The objective of the paperis to obtain the inputs of stakeholders and to generate a discussion on the appropriate policy relating to cross media and ownership restrictions in India. The comments of al...

by Telecom Regulatory Authority of India TRAI | On 03 Oct 2008

Political Economy of Child Rights in India Inc and Child Budget Analysis: A Concept Note

Over the last decade countries across the world have embarked on changing existing economic models in favour of ones driven by the free market, incorporating the process of liberalisation, privatisati...

by HAQ Centre for Child Rights HAQCRC | On 03 Oct 2008

Technology Sourcing and Internationalisation of IT firms in India

The paper analyzes the determinants of internationalisation, defined in terms of export intensity and overseas investments, of the IT firms in India. In particular, the paper examines the role of tech...

by Narayanan K | On 01 Oct 2008

Agriculture and NAMA Negotiations: Searching for the Landing Zone.

This Centad working paper takes a critical look at the Hong Kong Ministerial text on agriculture and NAMA. On the basis of this analysis, the paper suggests specific and important negotiating points f...

by Prabhash Ranjan | On 30 Sep 2008

Population Growth Trends, Projections, Challenges and Opportunities

Demographic transition is a global phenomenon; population growth is inevitable in the initial phases of the transition. For India the current phase of the demographic transition is both a challenge an...

by Prema Ramachandran | On 26 Sep 2008

Payment and Settlement System in India

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

by Leeladhar V | On 25 Sep 2008

Persistent Inequality: An Explanation Based on Limited Parental Altruism

This paper provides an explanation for the observed persistence in income inequality across households in terms limited parental altruism. It is postulated that the degree of parental altruism is ‘lim...

by Mausumi Das | On 24 Sep 2008

Financial Inclusion and Information Technology

Today banks have centralised operations, more and more banks and branches are moving to CBS , network based computing, new delivery channels such as networked ATMs, internet banking, smart card based...

by Usha Thorat | On 16 Sep 2008

Entrepreneurship and Innovation Strategies in ICT SMEs in Enlarged Europe (EU25)

The paper investigates the innovation behavior off entrepreneurs in small and medium sized enterprises in the ICT sector of the European Union. In this study innovative strategies of entrepreneurs are...

by Kaushalesh Lal | On 15 Sep 2008

Current Problems with the IMF and Challenges Ahead – A LatinAmerican Perspective

The paper examines the current problems with the IMF which include: 1) the institution is no longer fulfilling the functions it used to fulfil, nor is there a clear vision of any new functions for it;...

by Roberto Frenkel | On 21 Aug 2008

An Agenda for Reform of the International Monetory Fund (IMF)

The International Monatory fund is facing an uncertain future. Notewithstanding the important contributions it has made in helping the global economy deal with major economic and financial changes and...

by Jack Boorman | On 06 Aug 2008

Index of Financial Inclusion

The promotion of an inclusive financial system is considered a policy priority in many countries. While the importance of financial inclusion is widely recognized, the literature lacks a comprehensive...

by Mandira Sarma | On 25 Jul 2008

Who is Worried about the National Interest?

Given the strategic long run character of the nuclear deal, the decision on it should nor be hurried. Nor is it one that can be taken without seeking wider public consensus than is available to the...

by Arun Kumar | On 21 Jul 2008

The Future Role of the IMF: Asian Perspectives

The financial crisis of 1997 gave the Asian region a very hard lesson on the importance of financial stability. The severity of the crisis and the failure of IMF in assisting these countries became a...

by Titik Anas | On 17 Jul 2008

Impact of Organic Farming on Economics of Sugarcane Cultivation in Maharashtra

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

by Kshirsagar K G | On 14 Jul 2008

Drivers and Effects of Internationalising Innovation by SMEs

This paper investigates the drivers and the effects of the internationalisation of innovation activities in SMEs based on a large data set of German firms covering the period 2002-2007. Globalisation...

by Anja Schmiele | On 01 Jul 2008

Poverty Eradication and Human Rights

This paper examines the proposition that "poverty is a violation of human rights". The author disuses the possibility of this proposition to be implementable in real case senarios and in polcies,

by Arjun Sengupta | On 26 Jun 2008

Foreign Entry and Domestic Welfare: Can “Market Discipline” be Excessive

For most developed countries, "opening up" of the economy has meant the reduction of non-prohibitive tariffs and the easing or abolition of quantitative restrictions. For manydeveloping countries and...

by Aditya Bhattacharjea | On 20 Jun 2008

Chairman’s Introduction to the Draft NAMA Modalities

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

by World Trade Organisation WTO | On 19 Jun 2008

Towards NAMA Modalities

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

by World Trade Organisation WTO | On 19 Jun 2008

Draft Modalities on Non-Agricultural Market Access

The revised text is the product of his bilateral and plurilateral consultations of the February meeting and builds on the July 2006 text “Towards NAMA modalities”, and the Hong Kong Ministerial Declar...

by World Trade Organisation WTO | On 19 Jun 2008

Draft Modalities for Non-Agricultural Market Access: Second Revision

The chair of the Non Agricultural Market Access (NAMA) negotiating group, ambassador Don Stephenson, released on 19 May 2008 the revised draft negotiating text to focus further discussions towards mod...

by World Trade Organisation WTO | On 19 Jun 2008

“Life Is Not Ours”: Attacks on indigenous Jumma peoples of Bangladesh and the need for international action

On 28th April 2008, hundreds of illegal plain settlers attacked the local Jumma people in Bangladesh. Hundreds of people were displaced and their houses burned. People suffered from such a level of sh...

by Asian Centre for Human Rights ACHR | On 13 Jun 2008

G8 and “The Other Five”: Creating a Constructive Relationship – The Role of Mexico

This paper addresses one of the most relevant questions of the international situation at the end of the first decade of the century: is it possi-ble to construct an effective relationship of co-opera...

by Jorge Eduardo Navarrete | On 04 Jun 2008

Towards a Less Imperfect State of the World: The Gulf Between North and South

Many developing countries assert a claim to the privilege of managing world order on a shared basis but exhibit a strong reluctance to accept the responsibility flowing from such privilege, for exampl...

by Ramesh Thakur | On 14 May 2008

Draft Report of the Committee on financial Sector Reforms

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

by Raghuram G. Rajan | On 14 Apr 2008

Divided Destinies, Unequal Lives: Economic, cultural and Social rights and the Indian State

On 10th July, 1979, India - by ratifying the International Covenant on Economic, Social and Cultural Rights (ICESCR) - became a State party to this treaty body. Reporting guidelines of the Covenant re...

by Peoples Collective PCESCR | On 10 Apr 2008

Innovation and Growth: Role of the Financial Sector

A brief overview is provided about India’s long-term growth performance. Then an attempt is made to set out the conditions for successful innovations. To assess the role of innovations in the Indian...

by Rakesh Mohan | On 03 Apr 2008

Trade and Inequality: The Role of Economists

The role of economists in trade debates is especially pernicious because there is no area of economics in which economists have been less honest about what their models show. They have consistently ex...

by Dean Baker | On 17 Mar 2008

Debating with the Ideology of Globalisation

In this paper the authors share their experience in attempting to critically engage a set of young persons on their understanding of the present regime of globalisation through a semester-long course...

by Rahul Varman | On 13 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

Regulation of Informal Financial Institutions: A Study of Money Lenders in Kerala

The working of money lenders in Kerala are analysed. Based on a sample survey, the paper has estimated the volume of deposits and credits extended by money lenders in Kerala and has brought out the un...

by P D Jeromi | On 13 Feb 2008

Union-Oligopoly Bargaining and Entry Deterrence:A Reassessment of Limit Pricing

This paper introduces wage bargaining in the framework of Milgrom and Roberts where the workers' reservation wage is the relevant information parameter critical for entry. The authors show that ent...

by Rupayan Pal | On 06 Feb 2008

Critical Issues Facing China’s Rubber Industry in the Era of Market Integration: An Analysis in Retrospect and Prospect

This paper discusses the emerging contradictions that may have serious implications for the sustainable growth and performance of China’s rubber industry in the era of internal restructuring and globa...

by Viswanathan P K | On 30 Jan 2008

Third Quarter Review of Annual Monetary Policy for the Year 2007-08

Review consists of three sections: I. Assessment of Macroeconomic and Monetary Developments; II. Stance of Monetary Policy; and III. Monetary Measures. An analytical profile of macroeconomic a...

by Y V Reddy | On 30 Jan 2008

Macro-economic Management of the Indian Economy: Capital Flows, Interest Rates and Inflation

The paper lays out a consistent frame work for monetary management in the context of excess capital inflows. There is an urgent need for developing competitive, open and well regulated markets for (...

by Arvind Virmani | On 24 Jan 2008

Review of Globalisation and Opening Markets in Developing Countries and Impact on National Firms and Public Governance: The and Impact on National Firms and Public Governance: The Case of India

Review of Globalisation and Opening Markets in Developing Countries and Impact on National Firms and Public Governance: The Case of India by Jean-Francois Huchet & Joel Ruet, Scientific Coordinators,...

by Lakshmanan L | On 19 Jan 2008

Managing Migration in thePhilippines: Lessons for India

The significance of international migration in the Philippines economy and society is discussed. The Government of Philippines plays a supportive and regulatory role promoting internationational migr...

by S. Irudaya Rajan | On 19 Jan 2008

Financing Arrangements for Nuclear Power Projects in Developing Countries A Reference Book

The IAEA topical seminar on Financing of Nuclear Power Projects in Developing Countries reaffirmed that a major requirement for and constraint on the development of nuclear power projects in developin...

by International Atomic Energy Agency IAEA | On 14 Jan 2008

Migration, Remittances and Short-term Trends and Long-term Implications

The results of the 2007 round of the Migration Monitoring Studies (MMS) being conducted periodically by the Centre for Development Studies. It covers three areas: migration, remittances and employment...

by Zachariah KC | On 09 Jan 2008

Management of the Capital Account in India: Some Perspectives

Management of capital accounts in the global context and in the Indian context. [Inaugural address delivered by Dr. Y. V. Reddy, Governor, Reserve Bank of India at the Annual Conference of the Indian...

by Y V Reddy | On 08 Jan 2008

Sovereign Wealth Funds: Policy Implications for India

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

by Mukul Asher | On 12 Dec 2007

The Growing Importance of Emerging Economies in the Globalised World and its Implications for the International Financial Architecture

The growing importance of India and other emerging economies in the globalized world are given in this lecture. This group of economies is not easy to define. However, some reflections on the implicat...

by Jean-Claude Trichet | On 30 Nov 2007

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

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

by Nisha Taneja | On 29 Nov 2007

Fasten Your Seatbelts! Monetary Policy Challenges in Turbulent Times

One of the burning issues at the moment relates to increasing the “voice” or representation of emerging-market economies in international financial institutions such as the IMF and World Bank. There a...

by Mboweni T.T. | On 13 Nov 2007

Beyond the Present

A large number of home-grown businessmen and international firms are looking well beyond the next quarter and looking long-term at what the future will be, and making sure that they will be a part of...

by T.N. Ninan | On 06 Nov 2007

Customer Centricity and the Reserve Bank

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

by Leeladhar V | On 26 Oct 2007

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

Recent Financial Market Developments and Implications for Monetary Policy

The nature of the financial turbulence that happened recently in US and Europe, why it happened, where it happened, and the implications for central banks. Some of the forces that led up to and charac...

by Rakesh Mohan | On 12 Oct 2007

Between Stools

Different options that RBI and government must decide regard to future inflows of international capital to India.

by T.N. Ninan | On 08 Oct 2007

Report of the Working Group on Preparing Guidelines for Access to Payment Systems

The Reserve Bank had constituted an internal working group to review the existing access criteria and suggest changes that may be adopted for access to Payment and Settlement Systems. The Group has pr...

by Reserve Bank of India | On 05 Oct 2007

Capital Inflows, Financial Repression and Macroeconomic Policy in India since the Reforms

Since the early 1990s the Indian economy has seen a considerable relaxation of controls, as a consequence of which it has witnessed unprecedented growth. This is especially remarkable in the external...

by Partha Sen | On 04 Oct 2007

Groundwater Management and Ownership: Report of Expert Group

It is time India recognises its dependency on groundwater resources, which is only going to increase in the coming years, partly because of growing urbanisation and industrialisation. In view of the g...

by Kirit Parikh | On 03 Oct 2007

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

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

by Karla Hoff | On 03 Oct 2007

Burma: Member States of the UN must Intervene: ACHR Weely Review

Reports have been pouring in that the Burmese soldiers today used baton and tear gas against the Buddhist monks and civilian protesters at Shwedagon pagoda, the holiest Buddhist place in Rangoon. The...

by Asian Centre for Human Rights ACHR | On 26 Sep 2007

Holding Companies in Banking Groups

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

by Reserve Bank of India | On 19 Sep 2007

Volatality of Agricultural Prices – An Analysis of Major International and Domestic Markets

The price volatility of agricultural commodities assumes critical importance in the context of the ongoing debate regarding agricultural trade liberalisation in India. The arguments against agricultur...

by C S C Sekhar | On 12 Sep 2007

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

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

by Marc Bacchetta. | On 27 Aug 2007

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

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

by Rolf Adlung | On 27 Aug 2007

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

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

by Saif Al-Islam Alqadhafi | On 27 Aug 2007

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

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

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

A Change of Mood

There is a change in the financial scenario. Any sustained bout of fair weather on the markets creates business excesses as investors and consumers start discounting risk more and more. So it is healt...

by T.N. Ninan | On 20 Aug 2007

Contagion Again?

Financial contagion is dangerous because you don’t know where it will hit, and how hard. Every country has to remmber this and make arrangements so that a criris does not repeat as happenend in 1997 (...

by T.N. Ninan | On 13 Aug 2007

Tal Makeshift Camp: No One Should Have to Live Like This

There seems to be no place for the stateless Rohingya people fleeing discrimination and persecution in their own country, Myanmar. They run away from a country that does not recognize them as citizens...

by Médecins Sans Frontières MSF | On 11 Aug 2007

The Micro Financial Sector (Development and Regulation) Bill, 2007: Legislative Brief

While the Bill promotes the activities of MFOs, there are differing opinions on the cost efficiency of the MFO model. �� NABARD is designated as the regulator of the micro financial s...

by Kaushiki Sanyal | On 08 Aug 2007

The Micro Financial Sector (Development and Regulation)Bill 2007

The Micro Financial Sector (Development and Regulation) Bill, 2007 seeks to promote the sector and regulate micro financial organisations (MFO). 􀂐 National Bank for Agriculture and Rural D...

by Ministry of Law | On 08 Aug 2007

Safeguard Measures in WTO

The doctrine of precedent is getting established in WTO and seems to be there to stay however much it is argued otherwise. Neglect of this fact means that we are overlooking some of the problematic de...

by Sheela Rai | On 08 Aug 2007

Indian Elderly Among Marginal Sections Programmes and Policies in the Era of Globalisation

This paper is an attempt to bring out different needs of elders from different backgrounds and socio-economic groups. The main aim of the paper is to help policy makers in identifying these difference...

by Habibullah Ansari | On 02 Aug 2007

Foreign Exchange Reserves

The report is a compilation of quantitative information with regard to external reserves, such as, level of foreign exchange reserves, sources of accretion to foreign exchange reserves, external liabi...

by Reserve Bank of India | On 26 Jul 2007

Economic and Social Dynamics of Migration in Kerala, 1999-2004 Analysis of Panel Data

Panel studies based on the same set of sample households or individuals at two points of time 5 or 10 years apart are time consuming and are relatively rare in social science research. Such a method,...

by Zachariah KC | On 23 Jul 2007

The Rise in Remittances to India: A Closer Look

India has clearly achieved a large sustained level of remittances. Policy initiatives by the government and banking institutions have achieved two significant results. First, most remittances flow tho...

by Muzaffar Chisti | On 11 Jul 2007

Statistical System of India: Some Reflections

The historical development of statistics in India is outlined. The application of statistics in RBI and the areas where statisticians can contribute significantly are also given [Speech delivered on T...

by Rakesh Mohan | On 10 Jul 2007

A Water Monetary Standard: An Economic Thesis

In emerging markets and economies with limited supplies of potable water, the current monetary policy governing water distribution has failed or will eventually fail. This paper offers an alternative...

by Michael P. Jackson | On 09 Jul 2007

Review of High-Tech Industries in China: RBI Occasional Papers

Review of High-Tech Industries in China by Chien-Hsun Chen and Hui- Tzu Shih. RBI Occasional Papers, Vol. 27, No. 1 and 2, Summer and Monsoon 2006.

by Brijesh Pazhayathodi | On 05 Jul 2007

Reflections on Global Account Imbalances and Emerging Markets Reserve Accumulation

The lecture focuses on some implications -- both positive and normative -- of the most surprising development in the international financial system over the last half dozen years. That development is...

by Lawrence H. Summers | On 05 Jul 2007

Reproductive Health: Case Laws

This draft chapter of a reader on Health Care Case Laws in India addresses the following issues: Have reproductive rights been recognized in India? What has been the approach of the courts towards rep...

by Vijay Hiremat | On 04 Jul 2007

Does the Market Matter? Economic History of an Indian Region in a Euro-Centric View

The 18th Century Deccan was a highly commercialised, market driven society, quite unlike the descriptions of "traditional" Indian societies in the literature. In many ways, this society was similar to...

by Neeraj Hatekar | On 27 Jun 2007

Industrial Clusters in India: Perspectives and Issues for Research

Considering the Indian context as the basis of enquiry into industrial clustering three important issues that largely determine the performance and strategy of firms to survive compete and grow are id...

by Keshab Das | On 27 Jun 2007

APEC 2007: How Strong is India’s Case for Membership?

The September 2007 annual summit of APEC to be hosted by Australia will witness the ending of the decade long moratorium on membership. A major anomaly of the APEC is that while the three largest econ...

by Mukul Asher | On 26 Jun 2007

Impact of U.S. Federal Interest Rate and Movement of MSCI on Indian Capital Markets

The relationship between Indian macro-economic factors and economic growth has been analyzed by a number of empirical studies. This paper re-examines the sources of variability in the Indian economy f...

by Bharat Chadha | On 26 Jun 2007

Building an International Financial Centre in Mumbai

Earlier this year, the Indian government’s High Powered Expert Committee (HPEC) put forward its recommendations on how Mumbai could be made into an International Financial Center. The HPEC’s report co...

by Sanjeev Sanyal | On 19 Jun 2007

The Challenges of Financial Liberalisation for Emerging Market Economies

In this speech to the staff of the Reserve Bank of India delivered on May 14, 2007 at the RBI, Central Office, Mumbai, the author offers some comments on the challenges posed by financial liberalisati...

by Christian Noyer | On 13 Jun 2007

Three Essays on the Economics and Finance of Terrorism

Aa framework for the analytical treatment of terrorist problems is suggested and then brings out the importance of financial and socio-economic factors. The framework classifies the various causes of...

by Siddhartha Mitra | On 31 May 2007

Ensuring Adequate Flexibility through Special Products: A Case Study of India

Stalemate in agricultural negotiations at the WTO has persisted with a continued lack of convergence on most important issues of trade-distorting domestic support, market access and related flex...

by Linu Mathew Philip | On 08 May 2007

Time to Mainstream Micro-Pensions in India

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

by Mukul Asher | On 08 May 2007

IBSAC (INDIA, BRAZIL, SOUTH AFRICA, CHINA): A Potential Developing Country Coalition in WTO Negotiations

This paper argues that IBSA( India, Brazil, South Africa) as opposed to IBSAC (with China) is a far more coherent group when it comes to WTO negotiations as its interests coincide given the agenda tha...

by Debashis Chakraborty | On 25 Apr 2007

Implications of the Growing Role of Services in Asia

This article analyses the importance of international commercial service transactions relating to both trade and investment, which form an essential element of analyzing production fragmentation and e...

by Mukul Asher | On 17 Apr 2007

Trade Facilitation: A Brief Negotiating History

This article traces the history of negotiations in the WTO on Trade Facilitation, the only Singapore issue that has survived beyond Doha and Cancun. Last ten years of sustained work by the negotiators...

by Shashank Priya | On 27 Mar 2007

Groundwater Irrigation in North India: Institutions and Markets

This paper analyzes the institutions and markets that govern groundwater allocation in the sugarcane belt of Uttar Pradesh, India, using primary, plot-level data from a village which shares the typica...

by Banerji A | On 21 Mar 2007

Supply Chain Issues In The Indian Poultry-meat Industry: The Case Of a Vertically-integrated Farm

The world poultry-meat industry is growing the fastest among all the meat categories due to increasing concerns for health, safety, convenience and variety, and price-competitiveness. Issues related t...

by Subrata Mitra | On 08 Mar 2007

Identifying models of Best Practices in the Provision of Technical Assistance to Facilitate the Implementation of TRIPS Agreement

The report intends to provide general and specific recommendations to both provider and recipient nations that they should take into consideration while undertaking any TA programme in a recipient nat...

by Rajesh Sagar | On 25 Feb 2007

Assessing the Applicability of Geographical Indications as a Means to Improve Environmental Quality in Affected Ecosystems and the Competitiveness of Agricultural Products

the objective of this report is to analyse the existing and potential links that can be established between current Geographical Indications (GIs) and regional sustainable development. A case study a...

by Mariano Riccheri, | On 24 Feb 2007

Does Capital Account Openness Lower Inflation?

This paper investigates the relationship between capital account openness and inflation since the 1980s. It argues that widespread capital account liberalization during the last two decades appears...

by Abhijit Sen Gupta | On 23 Feb 2007

Fiscal Deficit, Capital Formation, and Crowding Out : Evidence from India

Theoretical literature identifies two variants of crowding out in an economy–real and financial. The real (direct) crowding out occurs when the increase in public investment displaces private capital...

by Lekha S. Chakraborty | On 17 Feb 2007

A Review of Cross-Country Experience in Capital Account Liberalisation

The paper reviews the experience of select countries - both advanced and emerging markets - in regard to capital account liberalisation (CAL). The advanced countries' experience with regard to CAL is...

by Mohua Roy | On 10 Jan 2007

Doctrine of Precedent in WTO

This paper contends that the general understanding that precedent system does not apply in the WTO Dispute Settlement Mechanism. The author argues that the drafters or the negotiators always wanted to...

by Sheela Rai | On 09 Jan 2007

Creating Development Friendly Rules of Origin in the EU

The EU Commission argues that radical changes to he origin rules will both simplify processes and make them more development friendly. Will they? There are different opinions on what Rules of Origin s...

by Christopher Stevens | On 06 Jan 2007

The International Mobility of Technical Talent: Trends and Development Implications

This paper charts the complex dynamics of the movement of technical talent in the world economy and assesses broadly the impact of such mobility on both sending and receiving countries. Based on sec...

by Anthony P. D'Costa | On 29 Dec 2006

Food Retailing, Supermarkets and Food Security: Highlights from Latin America

The importance of supermarkets in the world food economy has increased radically since the early 1990s. They are now major sellers and buyers of food items not only in developed but also in developin...

by Mehmet Arda | On 27 Dec 2006

Estimating the Effects of Global Patent Protection in Pharmaceuticals: A Case Study of Quinolones in India

In the context of the TRIPS agreement and the accompanying debate about the merits of the requirement to enforce product patents for pharmaceuticals, this paper provides a rigorously-derived estimate...

by Shubham Chaudhuri | On 27 Dec 2006

Telecommunications privatisation in Taiwan: A beautiful mistake?

This paper examines the changing role of the government and market in regulating the telecommunications sector since 1996 in Taiwan. It also explores changes in the institutional framework for regula...

by Kuo-Tai Cheng | On 22 Dec 2006

Foreign Direct Investment to Developing Countries in the Globalised World

This paper discusses the key issues related to foreign direct investment flows to developing countries in the globalised world. In particular, the paper focuses on the recent trend and direction of fo...

by Sandy Kyaw | On 22 Dec 2006

Economic Development in a Changing Globalised Economy: The Case of Developing Countries

In the context of the changing economic environment, this analysis is of particular relevance to Third World countries, who are currently being asked and/or actively encouraged to implement the "globa...

by Mozammel Huq | On 22 Dec 2006

Policymaking under Globalization Pressures: Reforming Public Utilities in Latin America

To analyse the role of partisan beliefs and interests, this paper focuses on two industries—telecoms and electricity—which have been subject to strong pressures for policy diffusion and thereby are u...

by Maria Victoria Murillo | On 21 Dec 2006

Textile and Clothing Trade with European Union: Impact of year-old EU Generalised System of Preferences

Taking into account the latest data of exports of textiles and clothing to the European Union from South Asia and China, a year-end assessment of the impact of the Generalised System of Preferences (...

by C. Satapathy | On 14 Dec 2006

Alternative Dispute Resolution Procedure for Agreements on Trade Facilitation

This paper outlines a facilitative procedure for settlement of disputes in the area of trade facilitation when the party against which a complaint has been lodged in a dispute happens to be a developi...

by C. Satapathy | On 23 Nov 2006

Financial Center Pipedreams

There is no denying that for financiers, Singapore has plenty of buzz these days. When a large European bank held a reception there recently for its prime brokers to meet potential hedge fund clients...

by Hugo Restall | On 09 Nov 2006

The North American Journal of Economics and Finance, October 2006: Asian Regionalism: a Symposium

Introduction: Regional integration in Asia editorial by Ramkishen S. Rajan Production fragmentation and trade integration: East Asia in a global context by Prema-chandra Athukorala and Nobuaki Yamas...

by The North American Journal of Economics and Finance | On 05 Nov 2006

Financial Center Pipedreams

Are Singapore’s efforts to become a leading regional financial center gaining as much traction as the recent buzz over hedge funds would lead one to believe?

by Hugo Restall | On 03 Nov 2006

Malaysia's Hazy Future

Malaysia is finding it difficult to translate current favourable macro-economic environment, and the commodity boom into sustainable competitive advantage in manufacturing and services and to cope wit...

by Mukul Asher | On 03 Nov 2006

Malaysia’s Hazy Future

Malaysia is finding it difficult to translate current favourable macro-economic environment, and the commodity boom into sustainable competitive advantage in manufacturing and services and to cope wit...

by Mukul Asher | On 03 Nov 2006

Medico Friend Circle Bulletin, August-November 2006, 318-319

Data Exclusivity: Another Self-Goal and a Trade Barrier S.Srinivasan Medico Friend Circle Letter to PM on DE DE in International Trade Agreements IDMA on DP and DE Safeguards if Decision by Go...

by Medico Friend Circle | On 03 Nov 2006

Overview of Bilateral Free Trade and Investment Agreements

A comprehensive inventory of bilateral FTAs on a global scale, with sections on Africa and the Middle East, Asia and the Pacific, and Latin America and the Caribbean. It highlights the key points of e...

by Bilaterals.org | On 03 Nov 2006

Monetary Regionalism in Asia Revisited

Given the divergence in economic and institutional structures in the region, any attempt to create a common currency absent macroeconomic policy coordination and mechanism for automatic intra-regional...

by Ramkishen S. Rajan | On 30 Oct 2006

Monetary Regionalism in Asia Revisited

Given the divergence in economic and institutional structures in the region, any attempt to create a common currency absent macroeconomic policy coordination and mechanism for automatic intra-regional...

by Ramkishen S. Rajan | On 30 Oct 2006

Globalization and China's 'Race to the Bottom' in Labour Standards

Globalization, or integration with the world economy via WTO membership, was expected to increase foriegn investment and benefit the labour intensive manufacturing sector in China. Yet, although forei...

by Anita Chan | On 26 Oct 2006

The China-Japan-US Triangle

The most critical factor for maintaining regional stability in East Asia over the next few decades is the relations between the three great powers in the region: China, Japan and the United States. Th...

by Ezra F.Vogel | On 24 Oct 2006

Understanding South Africa's Economic Puzzles

South Africa has undergone a remarkable transformation since its democratic transition in 1994, but economic growth and employment generation have been disappointing. Most worryingly, unemployment is...

by Dani Rodrik | On 13 Oct 2006

China's Embrace of Globalisation

As China has become an increasingly important part of the global trading system over the past two decades, interest in the country and its international economic policies has increased among internati...

by Lee Branstetter | On 13 Oct 2006

Introduction to 'Managing Globalisation': Lessons from China and India

While talk of a 'China-India axis complete with 2.4 billion people' is no doubt fanciful, the progress in relations over the seven years following the nuclear crisis of 1998 is claiming the close atte...

by David A. Kelly | On 03 Oct 2006

PAER Issue No. 39, October 2006

* The Future of Economic Policy Making by Left-of-Center Governments in Latin America by Juan Carlos Moreno-Brid and Igor Paunovic (United Nations, Mexico) * Latin America: The End of an Era b...

by Post-Autistic Economics Movement | On 02 Oct 2006

The Facts on the Ground: Mini-Gulags, Hired Guns, Lobbyists, and a Reality Built on Fear

While Iraq and future Iraq policy are constantly in the news, almost all the American facts-on-the-ground in that country -- of which Camp Bucca is one -- have come into being without consultation wit...

by Tom Engelhardt | On 26 Sep 2006

Indigenous Identity As ‘Subaltern’

The objective of this research paper is to approach the debates on indigenous/tribal identity in international law deploying the framework of subaltern studies in South Asia with a view to, first, c...

by Rajat Rana | On 29 Aug 2006

Women's Rights and the Crises of International Human Rights Intervention

This paper will map the developments that led to the integration of gender into the international human rights law discourse and examine how the language of ‘violence’ and ‘respectable victimhood’ (...

by Oishik Sarcar | On 29 Aug 2006

International Laws and the Discontended

The paper examines aspects of the contents of contemporary international laws that are threatening the legitimacy of public international law as well as International Commercial Law.

by Gbenga Oduntan | On 29 Aug 2006

Women's Equality in Transition: North of Ireland's Equality Legislation

Intersectional analysis is required if the approach to women’s equality in Northern Ireland/ the North of Ireland is to benefit the most marginalized women and thereby improve the prospects of build...

by Eilish Rooney | On 29 Aug 2006

Report of the Sardar Sarovar Project Relief and Rehabilitation Oversight Group on the Status of Rehabilitation of Project-affected Families in Madhya Pradesh

In the light of the observations of the Supreme Court in its order dated 17th April 2006, the Prime Minister constituted the Sardar Sarovar Project Relief & Rehabilitation Oversight Group. The manda...

by V.K. Shunglu | On 28 Jul 2006

The Mckinnon-Shaw Hypothesis: Thirty Years on:A Review of Recent Developments in Financial Liberalization Theory

The Mckinnon-Shaw Hypothesis, in its’ various forms, is now thirty years old. This paper attempts to survey the literature on the Mckinnon-Shaw Hypothesis and tries to draw out some of the recurrent...

by Firdu Gmech | On 02 Jun 2006

An evaluation of the developmental implications of the World Bank and IMF lending policies

This paper dwells on the essential requirements of economic development and the role of international credit,. It is also an incursion into the operational principles and strategies of the World Ba...

by Musa Jega Ibrahim | On 01 Jun 2006

Antidumping Duties as a Measure of Contingent Protection: an Analysis of Indian Experience

The aim of this paper is to analyse India's anti dumping behaviour. India has become a major user of anti dumping measures, initiating more than 300 cases against many of its trading partners. After...

by Nandana Baruah | On 23 May 2006

Implications of Rules of Origin: An Analysis

The formulation of appropriate criteria for origin determination is crucial for any country or regional trading block interested in ensuring growth and economic. Perhaps this is the single most impor...

by C. Satapathy | On 19 May 2006

Three Observations on the Challenges of Growth and Poverty Reduction in Asia

While Asia’s success in growth and poverty reduction is to be greatly welcomed, and should be analysed for the lessons it has for other countries, the policy discourse should take on board three key p...

by Ravi Kanbur | On 21 Apr 2006

Impact on India of Tariff and Quantitative Restrictions under WTO

This paper assesses the impact of India’s unilateral tariff reductions and lowering of quantitative restrictions since 1991. It then evaluates the WTO commitments on nonagricultural market access in...

by Bishwanath Goldar | On 21 Apr 2006

The Role of Price and cost Competitiveness in Apparel Exports, post MFA: A Review

Global outsourcing, technical change, and falling barriers to trade worldwide have transformed the structure of production and global competition in the textile and apparel industry. This sector has...

by Meenu Tiwari | On 20 Apr 2006

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

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

by Mukul Asher | On 17 Apr 2006

American housing market: a source of relief or weakness?

In late March the release of data on sale of new homes in the US showed that it had dropped 10 per cent, the biggest drop in nine years. In the immediate aftermath of this report, the US currency gav...

by V. Anantha Nageswaran | On 07 Apr 2006

International Young Scholars' Seminar; April 4-6, 2006

Conference schedule

by LeftWord Books | On 01 Apr 2006

India’s Pharmaceutical Industry in the WTO Regime: A SWOT Analysis

A SWOT analysis of the Indian Pharmaceutical Industry (IPI) in the WTO regime reveals that the much acclaimed IPI’s expertise in process development skills were made possible by the amendments made...

by N. Lalitha | On 28 Mar 2006

Why is Exchange Rate Pass-through So Low?

Policy makers are particularly concerned about the extent and speed of exchange rate pass-through into domestic prices. However, in recent times there seems to be a growing degree of disconnect betw...

by Amit Ghosh | On 14 Mar 2006

Indo-US Nuclear Deal: Time to be Wary

Now that the nuclear deal has been struck, there is a real danger of India now settling comfortably into a de facto NWS status within a welcoming international non-proliferation architecture. This wil...

by D.Raghunandan | On 14 Mar 2006

The Siren Song of Technonationalism

Technological development in Asia is driven by government policy, and that policy is motivated in large part by technonationalism, or the desire of Asian states to free themselves from dependence on W...

by David Kang | On 07 Mar 2006

What’s So Special about China’s Exports?

Much more than comparative advantage and free markets have been at play in shaping China's export success. Government policies have helped nurture domestic capabilities in consumer electronics and oth...

by Dani Rodrik | On 04 Mar 2006

Indo-US Nuclear Deal: Dead or Alive?

India has much to gain from the Nuclear Deal. But if India places its breeder programme under international safeguards, then its research will come under public scrutiny, exposing all of India’s advan...

by D.Raghunandan | On 28 Feb 2006

Economic Survey 2005-06, Chapter 4

Securities Markets

by Ministry of Finance | On 27 Feb 2006

Role of Japan in BIMSTEC

The main objective of the paper is to explore the role of Japan in the Bay of Bengal Initiative for Multi-Sectoral and Technical Cooperation (BIMSTEC). The analysis suggests that BIMSTEC-Japan cooper...

by Mukul Asher | On 26 Feb 2006

The Economic Costs of the Iraq War: An Appraisal Three Years After the Beginning of the Conflict

Many aspects of the Iraq venture have turned out differently from what was purported before the war: there were no weapons of mass destruction, no clear link between Al Qaeda and Iraq, no imminent dan...

by Linda Bilmes | On 25 Feb 2006

Home-based Work in India: A Disappearing Continuum of Dependence?

In India, the recent decade has seen particularly dynamic changes in the economy due to the economic reforms. This might have had a significant impact on the labour markets and also led to expansion...

by Jeemol Unni | On 16 Feb 2006

Weapons of Mass Destruction? Or, of Mass Deception? Media in Iraq War and After

The close relationship, a symbiotic one, between the media and the government of the day has long existed. In the run up to the Iraq war and afterwards, the Bush Administration and legislators in t...

by Yasemin Inceoglu | On 16 Feb 2006

Financial Integration in East Asia: How Far? How Much Further to Go?

Despite numerous empirical studies examining various facets of the topic, the degree of intraregional financial integration in East Asia remains a matter of vigorous debate. This paper offers a select...

by Tony Cavoli | On 07 Feb 2006

Will Russia win the ‘Gas War’?

Russia’s Gazprom, the world’s largest gas company, has precipitated serious tensions among the post-Soviet countries by sharply hiking gas prices this winter. Gazprom has been supplying gas to these c...

by R.G. Gidadhubli | On 07 Feb 2006

India-Taiwan: Case for Robust Economic Partnership

As India continues to pursue calibrated globalisation and expand external linkages, this is an opportune time to develop robust economic partnership with Taiwan, an economy with a GDP of over US$300b...

by Mukul Asher | On 02 Feb 2006

Global Public Opinion on Nuclear Issues and the IAEA - Final Report from 18 Countries

A new 18-country opinion survey sponsored by the International Atomic Energy Agency (IAEA) found that "while majorities of citizens generally support the continued use of existing nuclear reactors, mo...

by International Atomic Energy Agency IAEA | On 02 Feb 2006

The Social Cost of Foreign Exchange Reserves

There has been a very rapid rise since the early 1990s in foreign reserves held by developing countries. These reserves have climbed to almost 30 percent of developing countries' GDP and 8 months of i...

by Dani Rodrik | On 27 Jan 2006

Macroeconomic and Monetary Developments: Third Quarter Review 2005-06

Contents I. The Real Economy -- 1 Agricultural Situation Industrial Performance Business Expectations Surveys Services Sector II. Fiscal Situation 14 Combined Government Fi...

by Reserve Bank of India | On 25 Jan 2006

Taking Stock of Monetary and Financial Regionalism in Asia

Lecture at RIS, New Delhi December 2005

by Ramkishen S. Rajan | On 12 Jan 2006

India-ASEAN Cooperation in Services: An Overview

This paper analyses the opportunities in services trade that may arise out of the India-ASEAN Economic Cooperation to makes an assessment of the net gains that could arise from liberalisation of the c...

by Suparna Karmakar | On 24 Dec 2005

The Economic Basis of Global Power: VIP2 A Simple Index of National Power Potential

Though Paul Kennedy and other scholars of National Security, Diplomacy and Foreign relations have emphasized the importance of the economy in National Power, not many economists have taken an interes...

by Arvind Virmani | On 24 Dec 2005

Towards Developing Subsidy Disciplines under GATS

The next major boost to world trade is expected to come from greater trade in services. And this is possible only when greater liberalization in services is achieved which in turn depends on the prog...

by Rajeev Ahuja | On 24 Dec 2005

Doha Work Programme: Draft Ministerial Text circulated (December 7, 2005) prior to the Sixth Ministerial Meeting in Hong Kong

The Draft document circulated at the beginning of the Sixth WTO Ministerial Conference held in Hong Kong, China, 13–18 December 2005.

by World Trade Organisation | On 19 Dec 2005

The Impact of Mode 4 Liberalization on Bilateral Trade Flows

This paper gives insights into the possible trade creating effects of service trade liberalization via Mode 4. In particular we expect that temporary movements of persons, like permanent movements, h...

by Marion Jansen | On 19 Dec 2005

Multilateral Solutions to the Erosion of Non-Reciprocal Preferences in NAMA

This paper analyzes the risks of preference erosion arising from MFN trade liberalization in manufactured products. It focuses on developing countries that receive non-reciprocal preferences in the m...

by Patrick Low | On 19 Dec 2005

The Economic Impact of EPAs in SADC Countries

The Cotonou Agreement introduces new fundamental principles with respect to trade between the European Union and African, Caribbean and Pacific countries relative to the Lomé Convention: in particula...

by Alexander Keck | On 19 Dec 2005

Public Services and GATS

The status of public services is one of the most hotly debated issues surrounding the GATS. There are two approaches to distinguish such services from any other services: an institutional approach t...

by Rolf Adlung | On 19 Dec 2005

Current WTO Negotiations on domestic Subsidies in Agriculture: Implications for India

This paper analyses the present state of play of WTO negotiations and evaluates how effective the current WTO provisions will be to reduce domestic subsidies in developed countries. The findings sugg...

by Parthaprathim Pal | On 12 Dec 2005

Evolution of Anti Dumping Measures

This paper looks at how the term ‘dumping’ is understood by the economists, trade and trade officials and multilateral bodies like the WTO and traces the origin and evolution of antidumping measures...

by C. Satapathy | On 12 Dec 2005

Environmental Quality Provision and Eco-labelling: Some Issues

This paper is a literature survey of some relevant issues arising from environmental quality provision and eco-labelling schemes. First of all it is shown how the two topics are strictly related. Firm...

by Laura Valentini | On 11 Dec 2005

Controlled Capital Account Liberalisation: A Proposal

This paper outlines a proposal for a controlled approach to capital account liberalization for economies experiencing large capital inflows. The proposal essentially involves securitizing a portion o...

by Eswar S. Prasad | On 09 Dec 2005

Tariff Negotiations in NAMA and South Asia: July Agreement and Beyond

As developing countries including those from South Asia, rally forces and evaluate options ahead of the Hong Kong Ministerial meeting in December 2005, Non Agricultural Market Access (NAMA) assumes im...

by Prabash Ranjan | On 29 Nov 2005

East Asian Community: Prospects and Challenges

There is a growing need to a more institutionalized economic arrangement in East Asia. East Asia Economic Community might be an ideal form of such institution. However, the road is still long and...

by A Damuri | On 23 Nov 2005

Opportunities and Challenges in Building an East Asian Community

Inherenet weaknesses in AFTA and AEC and the need to counter regionalism in other parets of the world are some of the important reasons for evolving an East Asian Community. However, there are severa...

by Joseph Yap | On 23 Nov 2005

WTO News and Views

by ICRIER | On 22 Nov 2005

Development of National Infrastructures open to Asia and the Role of Fukuoka

The Asian Age is coming and these are some of the factors aiding it. The reduction of the domestic market (decrease in population, development of service economy and increase in imports); Dissolution...

by Akira Yamasaki | On 22 Nov 2005

East Asian Integration: Opportunities for Fukuoka and Japan

In order to advance regional integration in East Asia, there needs to be a rapid expansion of FTAs. The obstacles in promotion of FTAs need to be resolved. Some of the features in realising FTAs are:...

by Shujiro Urata | On 22 Nov 2005

Singapore's Role in Building of an East Asian Community

An East Asian community(EAC) is an idea now being seriously pursued in spite of significant challenges. Proliferating bilateral deals in Asia could emerge as building blocks towards the EAC, provided...

by Rahul Sen | On 22 Nov 2005

Realizing The East Asian Community”

The enterprise of building an East Asian Community has already begun. The process will indeed be long-term. Malaysia, from the beginning , has been steadfast in not giving up on the concept. Despite...

by Stephen Leong | On 22 Nov 2005

Asian Reserves and the Dollar: Is Gradual Adjustment Possible?

Large dollar reserves in Asian EMEs accompany large U.S. fiscal and current account deficits. Analysis of strategic sales by Asian EMEs suggests that an attack on the dollar is not certain but is poss...

by Ashima Goyal | On 21 Nov 2005

Has Financial Development Made the World Riskier?

Developments in the financial sector have led to an expansion in its ability to spread risks. The increase in the risk bearing capacity of economies, as well as in actual risk taking, has led to a ran...

by Raghuram G. Rajan | On 16 Nov 2005

Trends and Issues in Tax Policy and Reform in India

The Indian tax reform experience can provide useful lessons for many countries due to the largeness of the country with multilevel fiscal framework, uniqueness of the reform experience and difficult...

by M.Govinda Rao | On 10 Nov 2005

Trends in Anti-dumping: First Decade of WTO

There has been a significant decline in anti dumping initiations. This is a welcome trend as there is scant support in economic literature for anti-dumping action. The trend might well indicate the ef...

by C. Satapathy | On 04 Oct 2005

False Dawn on Budget Front

Essentially, the Outcome Budget (OB) as formulated now is nothing more than the performance budget with a promise that it would be extended to non-plan outlays too. As an idea, regardless of the labe...

by A. Premchand | On 20 Sep 2005

Survey Of Research In Industrial Sociology (1987-2002)

This paper attempts to assess the research done in the field of industrial sociology during the period 1987 and 2002. Only published work have been noted. The review does not cover unpublished M. Phil...

by Sharit Bhowmik | On 01 Sep 2005

The IMF in a World of Private Capital Markets

The IMF attempts to stabilize private capital flows to emerging markets by providing public monitoring and emergency finance. In analyzing its role we contrast cases where banks and bondholders do the...

by Barry Eichengreen | On 05 Aug 2005

From Governments To Markets: Funding Urban Infrastructure

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

by Abhay Pethe | On 05 Aug 2005

Shack/Slum Dwellers International: One experience of the contribution of membership organizations to

This paper considers the experience of the membership organizations that make up the international network of Shack or Slum Dwellers International (SDI,3 an international network of national urban poo...

by Diana Mitlin | On 31 Mar 2005

Cornell/SEWA/EDP/WIEGO International Conference

Cornell/SEWA/EDP/WIEGO International Conference

by Anonymous | On 29 Mar 2005