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

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

by G.D Bino Paul | On 26 Jun 2020

Why Centre is left with little fiscal cushion to deal with Covid pandemic

When emerging from this crisis, the govt must consider a fresh approach to reviving growth, revisiting the Centre-state fiscal balance, and devising a re-imagined GST 2.0.

by T.N. Ninan | On 07 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

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

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

by Hongyi Chen | On 01 Apr 2019

What Explains the Volatility of India’s Catch-up Growth?

Indian post reform growth rates have been higher but more volatile compared to transition periods for other comparable countries. The reasons are aggravation of shocks due to unaddressed critical bott...

by Ashima Goyal | On 29 Mar 2019

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

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

by Nguyet Thi Minh Phi | On 28 Jan 2019

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

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

by Ranjan Kumar Mohanty | On 23 Jan 2019

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

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

by Ben Shepherd | On 20 Jan 2019

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

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

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

by Tadateru Hayashi | On 02 Jan 2019

Transformation of Indian Agriculture? Growth, Inclusiveness and Sustainability

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

by S. Mahendra Dev | On 26 Dec 2018

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

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

by Cyn-Young Park | On 26 Oct 2018

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

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

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

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

by LE Quoc Phuong | On 11 Sep 2018

What Drives Filipino Firms to Innovate

Innovation is recognized as an important driver of productivity, sustained economic growth, and development. It is also a key to finding enduring solutions to socioeconomic and environmental challenge...

by Jose Ramon G. Albert | On 04 Sep 2018

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

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

by Jesus Felipe | On 29 Aug 2018

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

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

by Connie Bayudan-Dacuycuy | On 27 Aug 2018

Deriving Macroeconomic Benefits from Public–Private Partnerships in Developing Asia

This paper develops a framework identifying channels through which economic gains can be derived from PPP arrangement. The framework helps derive an empirically tractable specification that examines h...

by Minsoo Lee | On 11 Aug 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

Mainstreaming SMEs: Promoting Inclusive Growth in APEC

SME development as a major domestic policy objective that is consistent and reinforced within APEC would not only engender inclusive growth, but also enable SMEs to become drivers of growth for the do...

by Erlinda M. Medalla | On 06 Jul 2018

Review of High-Value Agriculture in the Philippines with Comprehensive Subsectoral Focus: Livestock Industries

The main objective of this paper is to review the status and performance of the Philippine livestock sector. This review provides discourse on the livestock subsector’s performance over the years, and...

by Sonny N. Domingo | On 05 Jul 2018

Productivity Growth in Organized Manufacturing in Telangana

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

by G. Alivelu | On 26 Jun 2018

Assessing Public Expenditure Efficiency at Indian States

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

by Ranjan Kumar Mohanty | On 20 Jun 2018

National Strategy for Artificial Intelligence

This strategy document is premised on the proposition that India, given its strengths and characteristics, has the potential to position itself among leaders on the global AI map – with a unique bran...

by Niti Aayog GOI | On 19 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

Status of Labour Rights in Pakistan 2016

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

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

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

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

by Robert T. Jensen | On 12 Jun 2018

Dismissal Laws, Innovation and Economic Growth

The paper theoretically and empirically show that dismissal laws and laws that impose hurdles on firing of employees - spur innovation and thereby economic growth. Theoretically, dismissal laws make i...

by Krishnamurthy V. Subramanian | On 29 May 2018

Evolution of Agricultural Mechanization in Vietnam: Insights from a Literature Review and Multiple Rounds of a Farm Household Survey

Despite the reportedly rapid growth of mechanization, as well as its unique history in economic and social systems, information on the patterns of agricultural mechanization growth in Vietnam has bee...

by Hiroyuki Takeshima | On 28 May 2018

National Policy on Biofuels

Biofuels are derived from renewable bio - mass resources and, therefore, provide a strategic advantage to promote sustainable development and to supplement conventional...

by Government of India GOI | On 17 May 2018

Global Inequality When Unequal Countries Create Unequal People

Current global inequality measures assume that national-mean income does not matter to economic welfare at given household income, as measured in surveys. The paper questions...

by Martin Ravallion | On 16 May 2018

Examining the state level heterogeneity of public health expenditure in Indi a: an empirical evidence from panel data

This study explores the relationship over an extended period of time between an increase in per capita public health expenditure and per capita state’s domestic product (per capita inc...

by Deepak Kumar Behera | On 16 May 2018

The impact of macroeconomic policies on the growth of public health expenditure: An empirical assessment from the Indian states

The impact assessment of macroeconomic policies on public health expenditure is very relevant in Indian economy because of tax reform, fiscal consoli- dation, and expenditure policy reform. These h...

by | On 11 May 2018

World Economic Outlook, April 2018: Cyclical Upswing, Structural Change

The global economic upswing that began around mid-2016 has become broader and stronger. This new World Economic Outlook report projects that advanced economies as a group will continue to expand above...

by International Monetary Fund [IMF] | On 08 May 2018

Growth and Childbearing in the Short- and Long-Run

Despite being key to theories of economic growth and the demographic transition, evidence on how fertility responds to aggregate income change is mixed. We analyze economic growth and fertility chan...

by | On 08 May 2018

Growth, Inequality, Poverty and Urbanization

The focus in this paper is on growth, inequality and poverty, particularly in relation to urbanization. The analysis is pursued at three levels of disaggregation: states, districts and the million-plu...

by Arup Mitra | On 02 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

National Digital Communications Policy 2018

The National Digital Communications Policy, 2018 seeks to unlock the transformative power of digital communications networks - to achieve the goal of digital empowerment and well b...

by | On 02 May 2018

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

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

by | On 30 Apr 2018

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

Engines without Drivers: Cities in India’s Growth Story

It is now almost axiomatic that cities are the engines of growth. Historically, federal support programmes have focused on rural areas, but over the past fifteen years, the need to devise such progra...

by | On 13 Apr 2018

Asian Development Outlook (ADO) 2018: How Technology Affects Jobs

The economic growth outlook for developing Asia remains vibrant. Asian Development Outlook 2018 foresees continued momentum after growth accelerated to 6.1% in 2017. The region is expected to ex...

by Asian Bank | On 12 Apr 2018

Informality, Governance and Growth

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

by Dibyendu Maiti | On 05 Apr 2018

ICT investment and economic growth in India: An industry perspective

The role of information and communication technologies (ICT) in driving economic growth has been well established in the literature. By reducing communication and transaction costs, and improving the...

by K L Krishna | On 04 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

The Education Sector in Pakistan

The report says that the education scene in Pakistan, during the past four decades, has been characterized by substantial quantitative expansion at all levels.

by Khwaja Sarmad | On 28 Mar 2018

Money, Income, Prices, and Causality in Pakistan: A Trivariate Analysis

The report says that there has been a long debate in economics regarding the role of money in an economy particularly in the determination of income and prices.

by Fazal Hussain | On 27 Mar 2018

Analysing Institutional Set-up of Forest Management in Pakistan

This study will focus on the natural hill forests found in the northern region of Pakistan, particularly the North Western Frontier Province (NWFP).

by Lubna Hasan | On 26 Mar 2018

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

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

by | On 23 Mar 2018

Exchange Rate Instability and Trade: The Case of Pakistan

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

by M. Ali Kemal | On 19 Mar 2018

Fiscal Policy Effectiveness and Inequality: Efficacy of Gender Budgeting in Asia Pacific

Gender budgeting is a fiscal approach that seeks to use a country’s national and/or local budget(s) to reduce inequality and promote economic growth and equitable development. While literature has exp...

by Lekha Chakraborty | On 16 Mar 2018

Monetary Policy: Its Changing Objectives, Instruments and Results

This paper seeks to examine how the objectives of monetary policy have changed over the years from one of supporting public investment to one of inflation control and still later to inflation targetin...

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

Business Cycle Measurement in India

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

by Radhika Pandey | On 03 Mar 2018

Indigenisation of Lithium ion Battery Manufacturing: A Techno-economic Feasibility Assessment

The paper says that the Government of India (GoI) recently announced plans for transition to all electric transportation by 2030.

by Tanmay Sarkar | On 26 Feb 2018

Fringe Lives A Study of a Slum in Patna

The research says that urbanisation is considered to be a sign of economic development of a particular country.

by Rahul Jambhulkar | On 23 Feb 2018

The Growth Slowdown and the Working of Inflation Targeting in India

The paper presents a variety of indicators to show that demand constrained output during the period of growth slowdown 2011-17. It also draws on research to show the macroeconomic structure of the eco...

by Ashima Goyal | On 22 Feb 2018

Karnataka Electricity Demand Forecasting FY17-22

A study was conducted to forecast the electricity consumption and demand for Karnataka (as seen by the utilities) for 2017-2022.

by Arijit Chanda | On 13 Feb 2018

Does Gender Diversity Improve Firm Performance?: Evidence from India

This report explores how fostering gender diversity at the firm level can be good for business.

by Ruchika Joshi | On 08 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

Budget Speech West Bengal: 2018

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

by Amit Mitra FM, WB | On 05 Feb 2018

A New Measure of Inter-industry Distance and Its Application to the U.S. Regional Growth

The paper also suggests that our index can serve as an alternative measure of the industrial linkages.

by Yoon Joon | On 01 Feb 2018

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

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

by Arun Jaitley | On 31 Jan 2018

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

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

by Arun Jaitley | On 31 Jan 2018

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

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

by Arun Jaitley | On 31 Jan 2018

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

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

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

by Arun Jaitley | On 29 Jan 2018

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

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

by Lee Sooyoung | On 29 Jan 2018

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

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

by Choi Hyelin | On 26 Jan 2018

Do Large Agglomerations Lead to Economic Growth ? Evidence from Urban India

The cities and towns of India constitute the world’s second largest urban system besides contributing over 50 per cent of the country’s Gross Domestic Product (GDP). This phenomenon has been neglect...

by Sabyasachi Tripati | On 24 Jan 2018

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

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

by Chanchal Kumar Sharma | On 22 Jan 2018

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

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

by K. V. Ramaswamy | On 16 Jan 2018

Inequality, Employment and Public Policy

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

by S.Mahendra Dev | On 16 Jan 2018

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

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

by Patricia Jones | On 16 Jan 2018

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

Informal Economy Budget Analysis in Pakistan and Ravi Town, Lahore

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

by Khawar Mumtaz | On 04 Jan 2018

Urban Employment in India: Recent Trends and Patterns

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

by Martha Alter Chen | On 02 Jan 2018

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

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

by Kati Suominen | On 21 Dec 2017

Financial Literacy in Japan: Determinants and Impacts

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

by Naoyuki Yoshino | On 21 Dec 2017

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

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

by Xuehui Han | On 21 Dec 2017

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

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

by Roehlano M. Briones | On 14 Dec 2017

Characterization Of Agricultural Workers In The Philippines

The paper narrates that the inclusive growth requires boosting incomes of workers currently in agriculture, either by shifting them to better-paying jobs outside agriculture or raising wages within ag...

by Roehlano M. Briones | On 13 Dec 2017

Relationship Between Fiscal Deficit Composition and Economic Growth in India: A Time Series Econometric Analysis

High and persistent fiscal deficit is one of the major macroeconomic problems in India since the mid-1980s. Fiscal consolidation is in the forefront of policy discussion in India not only at present b...

by | On 04 Dec 2017

Sustainable Energy for All in South Asia Potential, Challenges, and Solutions

This paper narrates about the challenge of meeting energy demand is likely to get more complex, as it is growing to keep pace with the population growth and expanding economy.

by Muhammad Iftikhar | On 01 Dec 2017

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

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

by Syed Ahmed | On 20 Nov 2017

Impact of Human capital on Economic Growth: Evidence from Pakistan

The papers says that there is a need to invest in educational sector to maximize the human capital, which not only helps in economic growth but also contributes to economic development of the country.

by Syed Kazmi | On 17 Nov 2017

The Service Sector in India

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

by | On 10 Nov 2017

Inequality and Expectations in a Model of Technology Adoption and Growth

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

by Surbhi Badhwar | On 08 Nov 2017

Industry Origins of Economic Growth and Structural Change in India

This paper is an attempt to document the evolution of India’s aggregate productivity, decomposed into the contributions of detailed industrial sectors and structural change during 1980-2011. Using the...

by K L Krishna | On 08 Nov 2017

Building Smart Cities in India - An Opportunity For Strategising Urban Development

The report states that the current urbanisation pattern in many Indian states is skewed with growth concentrating in and around the primate city.

by Sujaya Rathi | On 03 Nov 2017

Inclusive Urbanisation and Cities in the Twenty-First Century

In academic and policy discourse, urbanisation and cities are currently receiving a great deal of attention, and rightly so. Both have been central to the enormous transformation the world has been go...

by | On 01 Nov 2017

Who Will Think Outside the Sink? Farmers’ Willingness to Invest in Technologies for Groundwater Sustainability in Pakistan

This study examines farmers’ enthusiasm towards one of such technologies in four southwestern districts of Pakistan.

by Junaid Memon | On 25 Oct 2017

RE-Energising Karnataka: An Assessment of Renewable Energy Policies, Challenges and Opportunities

The report narrates that Karnataka has about 30,000 MW of officially estimated Renewable Energy (RE) potential, making it one of the country’s top five RE-rich states.

by Center for Study of Science, Technology and Policy CSTEP | On 13 Oct 2017

Affordable Housing in Urban India

The report narrates that threefold increase in percapita income in urban areas is expected during this period of time.

by S.V. Ranganath | On 12 Oct 2017

The puzzles and contradictions of the Indian labour market: What will the future of work look like ?

Analysing the Indian labour market poses inherent challenges given the country’s size and diversity. Rather than a case of “jobless growth”, India has experienced concentrated employment growth, mainl...

by Sher Verick | On 04 Oct 2017

Global Economic Prospects: A Fragile Recovery

The report says that the global growth is firming, contributing to an improvement in confidence.

by World Bank [WB] | On 04 Oct 2017

The Macroeconomic Benefits of Tax Enforcement in Pakistan

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

by Ethan Ilzetzki | On 04 Oct 2017

Federalism: Prospects for the Philippines

The paper aims to consider potential benefits of federalism to the Philippines within the context of two major development constraints, namely, weak economic growth and poverty.

by Romulo Miral Jr | 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

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

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

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

by Taniya Ghosh | On 18 Sep 2017

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

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

by S. Mahendra Dev | On 18 Sep 2017

An Analysis of Revisions in Indian GDP Data

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

by Amey Sapre | On 15 Sep 2017

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

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

by Ashima Goyal | On 15 Sep 2017

Growth Effects of Economic Globalization: A Cross-Country Analysis

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

by Sovna Mohanty | On 13 Sep 2017

Trade Potential of the Fishery Sector: Evidence from India

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

by Veena Renjini K K | On 13 Sep 2017

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

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

by Rosa Abraham | On 11 Sep 2017

Electricity Consumption and Economic Growth in Karnataka

The paper aims to study the trend and pattern of electricity consumption in Karnataka, to investigate the direction of causality between electricity consumption and economic growth, and to forecast th...

by Laxmi Rajkumari | On 11 Sep 2017

Building Inclusive Economies, Building a Better World: A Look at the APEC 2015 Priority Areas (Volume II)

This paper, mainstreaming SMEs in the regional and global market loosely refers to the internationalization of SMEs.

by Philippine Institute Studies (PIDS) | On 05 Sep 2017

How Did China become the largest Solar PV Manufacturing Country?

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

by Nagalakshmi Puttaswamy | On 29 Aug 2017

How Inequality Hurts Growth: Revisiting the Galor‐Zeira Model Through a Korean Case

This paper aims to show that the level of inequality increases via the human capital channel with credit market imperfections generating negative effects on economic growth. We expand the model presen...

by Bogang Jun | On 28 Aug 2017

Development of Backward Areas- Outcome of the interventions so far

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

by S Jagadeesan | On 25 Aug 2017

Current Challenges for the Economy and Priorities of the New Government

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

by S Jagadeesan | On 25 Aug 2017

Getting Punjab Agriculture Back on High Growth Path: Sources, Drivers and Policy Lessons

The study finds that among the many steps taken by the state, three interventions played the most important role in the state’s impressive performance in agriculture. They are irrigation facilities, a...

by Ashok Gulati | On 23 Aug 2017

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

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

by Akash Acharya | On 22 Aug 2017

Estimating the Value of New Generation Internet Based Applications in India

The study attempts to measure growth elasticity based on Internet usage and not Internet penetration. It is a refinement in the approach to measure impacts given that subscriptions sometimes do not tr...

by Rajat Kathuria | On 21 Aug 2017

World Trade Statistical Review

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

by World Trade Organisation WTO | On 17 Aug 2017

Transitioning Towards a Green Economy in Karnataka

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

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

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

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

by Ashok Gulati | On 11 Aug 2017

Demonetisation: Macroeconomic Implications for Indian Economy

The present paper attempts to explore the macroeconomic implications of the “demonetisation” exercise announced on November 8, 2016, for the Indian economy on three board parameters of growth, distrib...

by Pradymna Rawat | On 09 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

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

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

Achieving Universal Literacy in Andhra Pradesh: Status and Prospects

The main objective of the present paper is to assess the prospects of achieving universal adult literacy with a policy intervention factor through adult literacy programmes that target different age g...

by Motkuri Venkatanarayana | On 02 Aug 2017

Urban Development and Rural - Urban Linkages in Six Towns in Bihar

The world is becoming increasingly urbanized. Globally 54 percent population lives in urban areas today (UN 2014). Although Asia is still relatively more rural than the Americas and the Europe, it is...

by Tanuka Endow | On 02 Aug 2017

Economic Impacts of Child Marriage

The international community is increasingly aware of the negative impacts of child marriage on a wide range of development outcomes. Ending child marriage is now part of the Sustainable Development Go...

by Quentin Wodon | On 31 Jul 2017

Targeting in Urban Displacement Context

The nature and scale of humanitarian crises are changing. The world is becoming increasingly urbanised – currently, 54 per cent of the world’s population lives in urban environments, which will rise t...

by | On 27 Jul 2017

Taking an Ecosystems Approach: Samarthan’s Work on Rural Poverty in India

Rural poverty continues to be a scourge in India, affecting tens of millions of households despite years of strong economic growth for the country overall. In 2005, the government of India created the...

by Government of India & Employment | On 26 Jul 2017

Gender Equality Results Case Study: India - Urban Water Supply and Environmental Improvement Project

The Urban Water Supply and Environmental Improvement Project sought to provide basic services of water supply, sanitation, and garbage collection and disposal in four cities in Madhya Pradesh, India.

by Asian Development Bank Institute | On 26 Jul 2017

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

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

by Ashima Goyal | On 22 Jul 2017

Asian Development Outlook (ADO) 2015 Supplement: Growth Prospects Soften for Developing Asia

The growth forecast for developing countries in Asia in 2015 is cut to 6.1% from 6.3%, amidst slower-than-expected economic activity in the United States and the People’s Republic of China.

by Asian Development Bank Institute | On 21 Jul 2017

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

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

by Asian Development Bank Institute | On 14 Jul 2017

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

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

by Asian Development Bank Institute | On 13 Jul 2017

Maldives: Overcoming the Challenges of a Small Island State

This report provides support to the Maldivian government in formulating its high-priority policies by identifying the critical constraints to achieving inclusive growth. The report also provides polic...

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

Quantifying Water and Energy Linkages in Irrigation: Experiences From Viet Nam

This publication summarizes the results of a pilot study to quantify water and energy use in high-effciency irrigation systems in Viet Nam.

by Asian Development Bank Institute | On 10 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

Roadmap for Carbon Capture and Storage Demonstration and Deployment in the People’s Republic of China

This report is an assessment of the potential, the barriers and the challenges in demonstrating and deploying Carbon capture and storage (CCS) in the People's Republic of China. It identifies unique l...

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

Development of Backward Areas Outcome of the interventions so far

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

by MC Singhi | On 22 Jun 2017

Services Growth- Why is that important for growth of GDP and Employment?

Services have significantly contributed to the structural transformation of Indian economy. Sustained growth of services in India has to an extent broken the myth which has considered acceleration in...

by MC Singhi | On 22 Jun 2017

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

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

by Asian Development Bank Institute | On 22 Jun 2017

Human Capital Development in the People’s Republic of China and India: Achievements, Prospects, and Policy Challenges

This report draws lessons from how Asian economic giants India and the People’s Republic of China leveraged education and skills development to advance economic growth.

by Asian Development Bank Institute | On 20 Jun 2017

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

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

by Asian Development Bank Institute | On 20 Jun 2017

Asia Bond Monitor - March 2016

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

by Asian Development Bank Institute | On 15 Jun 2017

Digital Financial Services in the Pacific: Experiences and Regulatory Issues

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

by Asian Development Bank Institute | On 14 Jun 2017

Asian Development Outlook 2016: Highlights

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

by Asian Development Bank Institute | On 14 Jun 2017

How Inclusive is Inclusive Business for Women? Examples from Asia and Latin America

This report assesses the extent to which inclusive business models promote women's economic empowerment. Examples come from the inclusive business portfolios of the Asian Development Bank, the Inter-A...

by Asian Development Bank Institute | On 09 Jun 2017

2015 Clean Energy Investments: Project Summaries

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

by Asian Development Bank Institute | On 08 Jun 2017

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

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

by Asian Development Bank Institute | On 06 Jun 2017

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

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

by Asian Development Bank Institute | On 02 Jun 2017

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

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

by Parma Chakravartti | On 26 May 2017

Tajikistan: Promoting Export Diversification and Growth

Tajikistan has sustained high economic growth since its civil war ended in 1997. Real gross domestic product (GDP) during 1997–2015 grew at an average 7.2% a year, driven mainly by agriculture and ser...

by Asian Development Bank Institute | On 24 May 2017

Bangladesh: Consolidating Export-led Growth - Country Diagnostic Study

This study argues that some of the policies that allowed Bangladesh to prosper in the last few years will become less effective, and the economy will need to “switch gears” to consolidate the growth m...

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

Study Report on Agricultural Marketing and Farmer Friendly Reforms Across Indian States and UTs

An important reason for this dichotomy between agriculture and non agricultural sectors is that the former is a state subject under the Indian Constitution placing the burden of implementation of refo...

by Ramesh Chand | On 18 May 2017

Evaluation Study on Role of Public Distribution System in Shaping Household and Nutritional Security India

It has been observed that even though the Indian economy has achieved remarkable economic growth along with a decline in poverty over the last two decades, improvements in nutritional status have not...

by Niti Aayog GOI | On 18 May 2017

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

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

by Asian Development Bank Institute | On 16 May 2017

ASEAN+3 Bond Market Guide 2016: Singapore

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

by Asian Development Bank Institute | On 15 May 2017

Agricultural Production and Groundwater Conservation: Examples of Good Practices in Shanxi Province, People’s Republic of China

The Asian Development Bank (ADB) in 2009 approved the Shanxi Integrated Agricultural Development Project to strengthen agricultural production in 26 counties in Shanxi Province. Complementing the proj...

by Asian Development Bank Institute | On 12 May 2017

Toward a National Eco-Compensation Regulation in the People’s Republic of China

The study recognized the need for consideration of numerous issues when developing ecocompensation regulations. These include (i) provision of guidance for determining the ecocompensation rate; (ii) e...

by Asian Development Bank Institute | On 11 May 2017

The Broken Ladder: The Paradox and the Potential of India’s One Billion

Talk by Anirudh Krishna, based on his book 'The Broken Ladder', which delves into the lives of ordinary individuals to take a ground-up view towards answering questions about the potential of civic pa...

by Anirudh Krishna | On 10 May 2017

Nature-Based Solutions for Building Resilience in Towns and Cities: Case Studies from the Greater Mekong Subregion

This publication highlights the results of a successful partnership between the Asian Development Bank (ADB) and the International Centre for Environmental Management (ICEM) with cofinancing from the...

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

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

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

by Asian Development Bank Institute | On 10 May 2017

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

The paper states that the People’s Republic of China (PRC) is currently undergoing a number of important changes, which have wide-ranging implications for activity in the PRC, the rest of developing A...

by Asian Development Bank Institute | On 09 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

Assessment of Microinsurance as Emerging Microfinance for the Poor: The Case of the Philippines

The report says that the Government of the Philippines was engaged in delivery of subsidized credit programs. Since these programs were largely unsuccessful in meeting the objective of providing sus...

by Asian Development Bank Institute | On 08 May 2017

Eradicating Poverty and Promoting Prosperity in a Changing Asia-Pacific

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

by Asian Development Bank Institute | On 04 May 2017

Promoting Skill Transfer for Human Capacity Development in Papua New Guinea

The Government of Papua New Guinea’s Development Strategic Plan 2010–2030 seeks to extend the benefits of economic growth to the country’s most disadvantaged communities, emphasizing improvements to...

by Asian Development Bank Institute | On 04 May 2017

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

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

by Asian Development Bank Institute | On 04 May 2017

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

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

by Sanika Sulochani Ramanayake | On 03 May 2017

Role of Gender Gap in Economic Growth: Analysis on Developing Countries versus OECD Countries

This study investigates the effects of the gender gap on economic growth by using a composite gender gap index from the World Economic Forum. The index captures the multidimensional aspect of the gend...

by Sanika Sulochani Ramanayake | On 02 May 2017

Impact of Goods and Service Tax (GST) on Indian Economy

GST also known as the Goods and Services Tax is defined as the giant indirect tax structure designed to support and enhance the economic growth of a country. More than 150 countries have implemented G...

by | On 13 Apr 2017

Job-to-Job Transitions, Sorting, and Wage Growth

We measure the contribution of match quality to the wage growth experienced by job movers. We reject the exogenous mobility assumption needed to estimate a standard fixed-effects wage regression in th...

by | On 30 Mar 2017

Macroeconomic Impact of Demonetisation: A Preliminary Assessment

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

by Reserve Bank of India RBI | On 21 Mar 2017

Budget Speech Maharashtra: 2017-18 Part I

Maharashtra Budget speech by the Honorable Finance Minister.

by Sudhir Mungamtiwar | On 20 Mar 2017

India Skills Report 2017

India Skills Report 2017 is an report that aims to support this initiative; by providing a stock of the talent landscape of India and supporting in charting the future direction of matchmaking. Curren...

by United Nations Development Programme [UNDP] | On 15 Mar 2017

OECD: Economic Survey India- 2017

Economic growth of around 7½% makes India the fastest-growing G20 economy. The acceleration of structural reforms, the move towards a rule-based policy framework and low commodity prices have provided...

by OECD Development Centre | On 06 Mar 2017

Analysis of Women Participation in Indian Agriculture

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

by Mun Mun Ghosh | On 01 Mar 2017

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

Leave No One Behind : A Call to Action for Gender Equality and Women’s Economic Empowerment

The report captures the importance of shaping macro-economic policies so they support inclusive growth, and ensuring that women entrepreneurs have access to technology and finance. It also highlights...

by | On 21 Feb 2017

Child Labour and Educational Disadvantage – Breaking the Link, Building Opportunity

Compulsory education has a vital role to play in eradicating child labour. Getting children out of work and into school could provide an impetus for poverty reduction and the development of skills nee...

by | On 14 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

Demonetisation: A Positive Effect on Budget to Channelise Nation's Growth Prospects

The aim of this article is to present that the Positive effect of demonetisation on upcoming budget for national growth. And demonetisation is one of the tools to be used for minimize the counterfeit...

by P Shekar | On 25 Jan 2017

Strategic Review of Food Security and Nutrition in Bangladesh

The battle against the challenges with food security and nutrition will have to be fought on many fronts at the same time. In general, anything that promotes broad-based or inclusive growth, thereby r...

by | On 18 Jan 2017

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

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

by | On 11 Jan 2017

Securing Property Rights in India Through Distributed Ledger Technology

India registered rapid economic growth over the past couple of years, with the GDP growing 7.6 percent in 2015-2016. While economic activity remains buoyant, however, the country still has a long way...

by | On 11 Jan 2017

Role of Foreign Direct Investment in India: An Analytical Study

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

by | On 04 Jan 2017

Skill Development : An Engine of Economic Growth

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

by | On 04 Jan 2017

Demonetization, the Cash Shortage and the Black Money

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

by Ashok K. Lahiri | On 02 Jan 2017

Costs of Selected Policies to Address Air Pollution in China

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

by | On 23 Dec 2016

Bank Lending and Loan Quality: The Case of India

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

by Pallavi Chavan | On 15 Dec 2016

An Analysis of Urban Growth Trends in the Post-Economic Reforms Period in India

Significant changes have been observed since 1991 in the nature and pattern of urban growth in India. Our cities are in the midst of restructuring space, in terms of both use and form. The paper addre...

by | On 14 Dec 2016

Problems and Challenges of Urbanization in India: A Sociological Evaluation

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

by | On 14 Dec 2016

Social Progress Index 2016

Economic growth has lifted hundreds of millions out of poverty and improved the lives of many more over the last half-century. Yet it is increasingly evident that a model of development based solely o...

by | On 29 Nov 2016

Challenges to the Role of Private Participation in Public Transportation: A Case of Kerala’s Private Buses

The State of Kerala in 2012 through a notification stopped issuing new permits to inter-district buses in Kerala while exempting state run Kerala State Transport Corporation. This was the beginning...

by Madhu Sivaraman | On 28 Nov 2016

Female Labour Force Participation Rate

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

by sarabjit kaur | On 11 Nov 2016

Strategies to Tackle the Issue of Black Money in India

Economists and social scientists have shown considerable interest in recent years to measure the gap between the observable economic activity and the actual economic activity. This has led to the conc...

by | 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

Female Labor Force Participation in Asia: Key Trends, Constraints, and Opportunities

This brief reports on findings from four country studies and a companion macroeconomic study calibrated using an average Asian economy. Almost 28% of the world’s working-age women are accounted for in...

by Asian Development Bank Institute | On 04 Nov 2016

The Sustainable Development Goals 2016

This inaugural report on the global Sustainable Development Goals (SDGs) is a first accounting of where the world stands at the start of our collective journey to 2030. The report analyses selected in...

by | On 03 Nov 2016

Costs and Benefits of Urbanization: The Indian Case

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

by Kala Seetharam Sridhar | On 28 Oct 2016

Ease of Doing Business

When arriving at the ‘Doing Business’ rankings, the World Bank ranks 11 parameters that impact businesses across various stages of their lifecycle – at start-up, getting a location, getting financing,...

by | On 28 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

"Demystify the RBI"

In the talk Dr D Subbarao shared his experience being the head of India’s apex bank for five turbulent years starting from Global Financial Crisis in 2008 to taper tantrum 2013.

by Duvvuri Subbarao | On 21 Oct 2016

Women Workforce Participation in India- A Study

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

by | On 19 Oct 2016

Less Work is More Work: Female Labour Force Participation and Reproduction in India

The puzzling decline in female labour force participation in India in the context of high economic growth has recently generated considerable academic interest. Increasing educational enrolment by wom...

by | On 19 Oct 2016

Water, Megacities and Global Change

Numerous studies have explored urban growth and the emergence of the megapolitan phenomenon through increasing growth in the number of cities with over 10 million inhabitants. Similarly, the processes...

by United Nations Educational, Scientific and Cultura [UNESCO] | On 19 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

Glimpsing the End of Economic History? Unconditional Convergence and the Missing Middle Income Trap

This paper suggests a reinterpretation of global growth—encompassing notions of unconditional convergence and the middle income trap—in the past 50 years through the lens of growth theory. Two modes o...

by Sutirtha Roy | On 10 Oct 2016

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

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

by K L Krishna | On 10 Oct 2016

Growth and Distribution: Understanding Developmental Regimes in Indian States

Economic and political processes differ widely across states in India. Some states have seen rapid economic growth and development while others are facing economic stagnation. The differences in outco...

by | On 07 Oct 2016

Reinventing India as an Innovation Nation

Innovation has become a tool for competitiveness as well as accelerated inclusive growth.An often used definition of innovation is that it is a process that translates knowledge into economic growth a...

by IMI Konnect | 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

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

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

by Howard Bodenhorn | On 22 Sep 2016

Agricultural Prices and Food Policy

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

by C S C Sekhar | On 20 Sep 2016

Asset Quality of Indian Banks: Way Forward

The Indian banks in general, and the Public Sector Banks (PSBs) in particular, are grappling with the huge stock of stressed assets that has piled up in the system over the years. Any amount of discus...

by N.S. Viswanathan | On 19 Sep 2016

The Indian Steel Sector: Development and Potential

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

by | On 19 Sep 2016

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

Does Government Spending on Social Sector Impacts Growth? An Analysis Across Indian States for the Last Two Decades

This paper attempts to examine the impact of government expenditure in social sector on economic growth at the state level for 15 major states. The study reveals that the share of social sector expend...

by | 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

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

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

by World Bank [WB] | On 01 Sep 2016

The Integration of China and India into the World Economy: A Comparison

China and India have successfully integrated into the world economy. Once specialised in textiles, they have developed new export-oriented sectors linked to the information and communication technolog...

by | On 24 Aug 2016

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

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

by | On 24 Aug 2016

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

Environmentally Induced Migration from Bangladesh to India

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

by | On 22 Aug 2016

Macroeconomic Determinants of Remittances in South Asian countries: A Dynamic Panel Study

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

How Do Maternity Leave and Discriminatory Social Norms Relate to Women’s Employment in Developing Countries?

Increasing women’s participation in paid employment is a fundamental step towards women’s economic empowerment and improving development outcomes. The benefits of increasing women’s labour force parti...

by Somali Cerise | On 12 Aug 2016

Myanmar Transport Sector Policy Note: Urban Transport

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

by Asian Development Bank Institute | On 12 Aug 2016

Epigenetics as an Interplay between Nutrition and Cardiometabolic Disorders

There is growing unaddressed burden of cardiometabolic disorders particularly in the developing countries that is attributable to urbanization. One of the major life style factors that changes drastic...

by | On 11 Aug 2016

Inequality, Poverty, and Antipoverty Transfers

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

by Armando Barrientos | On 10 Aug 2016

Can “Make In India” Make Jobs? The Challenges of Manufacturing Growth and High–Quality Job Creation in India

A new “Make in India” campaign to “transform India into a global manufacturing hub” aims to use manufacturing as a vehicle for job growth. Is this strategy realistic? This paper helps answer the quest...

by | On 10 Aug 2016

Food Security, Inclusive Growth, Sustainability, and the Post-2015 Development Agenda

Over the next several decades, the world faces an historic challenge and opportunity at the nexus of food security, economic development, and the environment. The world needs to be food secure. The wo...

by Craig Hanson | On 10 Aug 2016

Food Security, Sustainable Agriculture and Forestry, Marine and Maritime and Inland Water Research and the Bioeconomy

This Work Programme will leverage research and innovation to address major societal challenges. Ensuring food and nutritional security, together with resource efficiency, and facing climate change. Ac...

by European union | On 09 Aug 2016

Food Scurity and Nutrition: The Drivers of Change

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

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

Policy and Evidence

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

by Raghuram G. Rajan | On 03 Aug 2016

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

RBC Methodology and the Development of Aggregate Economic Theory

This essay reviews the development of neoclassical growth theory, a unified theory of aggregate economic phenomena that was first used to study business cycles and aggregate labor supply. The focus of...

by Edward Prescott | On 21 Jul 2016

The Sustainable Development Goals Report 2016

The agenda is a road map for people that will build on the success of the Millennium Development Goals and ensure sustainable social and economic progress worldwide. It seeks not only to eradicate ex...

by United Nations (UN) | On 20 Jul 2016

Social Sector in India: Issues and Challenges

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

by Padmaja Mishra | On 19 Jul 2016

Food Security and the Millennium Development Goal on Hunger in Asia

The MDG on hunger requires that the proportion of people suffering from hunger be halved between 1990 and 2015. Behind this apparently simple statement lies much complexity: the food intake required t...

by | On 19 Jul 2016

Reimagining India’s Urban Future: A Framework for Securing High-Growth, Low-Carbon, Climate-Resilient Urban Development in India

This paper reviews the current state of the literature on Indian urbanization to analyze existing urban development trajectories at the state level in order to understand the challenges Indian cities...

by Meenu Tewari | On 15 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

Population Growth: Trends, Projections, Challenges and Opportunities

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

by Planning Commission, India | On 12 Jul 2016

Demographic Dividend in India: A Synoptic View

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

by Suhas Roy | On 11 Jul 2016

Indonesian Labor Migrants in Malaysia: A Study from China

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

by | On 08 Jul 2016

Projecting Progress: The SDGs in Asia-Pacific

This paper presents Asia-Pacific’s likely progress across the Sustainable Development Goals agenda, if trends continue on their current trajectories. Some Asian countries have been the world’s top per...

by | On 07 Jul 2016

Energy Security for India: Petroleum Demand Estimations and Projections

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

by Pradeep Agrawal | On 07 Jul 2016

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

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

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

by Prabuddha Ganguli | On 30 Jun 2016

Global Economic Prospects at 25

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

by World Bank [WB] | On 29 Jun 2016

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

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

by Michael Jetter | On 28 Jun 2016

Maternal Anthropometry and Birth Outcome among Bengalis in Kolkata

This study has done a test as to what degree anthropometric measurements are useful and efficient in predicting birth outcome of pregnancy and also to determine the quantitative associations of anthr...

by Samiran Bisai | 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

Antecedents and Consequences of Product Innovation : A Meta - Analytic Review

This study proposes a framework for product innovation to identify what strategies determine the drivers and outcomes of product innovation. Specifically, this meta-analytic study identifies key antec...

by Dheeraj Sharma | On 23 Jun 2016

Changes in Wage Structure in Urban India 1983-2004: A Quantile Regression Decomposition

This paper examines changes in the wage structure in urban India during the past two decades (1983-2004) across the entire wage distribution using the Machado and Mata (2005) decomposition approach. R...

by Mehtabul Azam | On 22 Jun 2016

The Fight against Inflation: A Measure of our Institutional Development

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

by Raghuram G. Rajan | On 21 Jun 2016

Innovative Water Management Technologies for Food Security and Poverty Alleviation

Agriculture is central to food security and economic growth in developing countries and provides the main source of livelihood for three out of four of the world’s poor. But food production requires s...

by United Nations Conference on Trade and Development UNCTAD | On 20 Jun 2016

A Joined-Up Approach to Delivering the Global Goals for Sustainable Development

The sustainable management and restoration of our landscapes – achieving land degradation neutrality - will deliver many co-benefits. From biodiversity conservation and combating climate change to ens...

by | On 17 Jun 2016

Federal Budget of Pakistan 2016

Budget speech of Pakistan 2016-17.

by Mohammad Ishaq Dar | On 17 Jun 2016

Employment Growth in West Bengal : An Assessment

West Bengal witnessed the highest growth in non-agricultural employment between 2004-05 and 2009-10 amongst all the states in India. The state also witnessed the highest growth in manufacturing emp...

by Subhanil Chowdhury | On 16 Jun 2016

Ministry of Finance and Planning Annual Report 2010

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

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

The Global Nutrition Report 2016

Few challenges facing the global community today match the scale of malnutrition, a condition that directly affects one in three people. Malnutrition manifests itself in many different ways: as poor c...

by International Food Policy Research Institute | On 14 Jun 2016

What Future for the Cities Within our Cities?

According to a report from the Mckinsey Global Institute, India is set to witness a leap in urban population by almost 25 crore over the next 20 years. That translates to roughly 35,000 more people in...

by | On 09 Jun 2016

Corporate Debt Market in India: Key Issues and Policy Recommendations

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

by Anubhuti Sahay | On 06 Jun 2016

Locked in a Low-Skill Equilibrium? Trends in Labour Supply and Demand in India

This paper analyzes aspects of supply and demand for labour in India using National Sample Survey data for the years 1983, 1993-94, 1999-2000 and 2004-05. With the possibility of a ‘demographic divide...

by Jayan Jose Thomas | On 03 Jun 2016

Impact of Trade Liberalisation on Employment: The Experience of India’s Manufacturing Industries

The Indian economy has entered a phase of high growth in the recent years, after a long period of low growth. Since economic growth itself is not sufficient to achieve economic development, the concer...

by | On 01 Jun 2016

Identifying Stakeholders in the Land Use Management Process and Related Critical Factors in ASEAN

With growing populations and demand for food, farmers in ASEAN member states (except Singapore) are required to produce more and more food from land that continues to decline due to population growth,...

by | On 31 May 2016

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

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

by | On 27 May 2016

Agriculture and ASEAN Economies: Still Key for Growth

Despite its declining contribution to the GDP of ASEAN economies, agriculture remains a major source of employment for rural populations and provides much value add for agrifood industries. The ASEAN...

by | On 27 May 2016

The Role of Small and Medium Enterprises in Structural Transformation and Economic Development

The study directs the attention to the role of Small and Medium Enterprises (SMEs) in overcoming these structural rigidities and ushering-in structural transformation in an economy. To explore the iss...

by Mausumi Das | On 26 May 2016

Social Protection in East and South East Asia: A Regional Review

The paper starts with a discussion of the general context of growth and poverty across the region, exposure to risk or crisis, and the nature of vulnerability facing individuals, households and commu...

by | On 25 May 2016

The Other Side of Indian Demographics: Accelerating Growth in Ageing and its Challenges

A primary survey of older adults was conducted in seven rapidly ageing states including Odisha, West Bengal, Maharashtra, Himachal Pradesh, Punjab, Tamil Nadu, and Kerala (Alam et al. 2012). This...

by Moneer Alam | On 25 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

Looking Back on Two Decades of Poverty and Well-Being in India

This paper provides an overview of poverty and well-being trends in India since the mid-1990s. Poverty reduction since 2005 has been much faster than the earlier decade, as a result of broad-based gro...

by | On 19 May 2016

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

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

by Jong-Wha Lee | On 19 May 2016

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

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

by Cornelis Haasnoot | On 18 May 2016

Philippines’ Next President: Implications for ASEAN

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

by Mely Caballero-Anthony | On 16 May 2016

Potentials, Experiences and Outcomes of a Comprehensive Community Based Programme to Address Malnutrition in Tribal India

This paper demonstrates the effect of an innovative community-based management programme on acute malnutrition among children under three years of age, through an observational longitudinal cohort stu...

by Vandana Prasad | On 11 May 2016

Multiple Impacts of Droughts and Assessment of Drought Policy in Major Drought Prone States in India

This study is a result of initiatives taken by the Planning Commission, Government of India, to investigate the multiple impact of drought in one of the India’s drought-prone states i.e. Gujarat. Drou...

by Anil Kumar Roy | On 11 May 2016

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

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

by Rajesh Chadha | On 09 May 2016

Book Review: Dynamics of India's Labour Market

Review of Labour, Employment and Economic Growth in India. Edited by K. V. Ramaswamy, Cambridge University Press, 2015.

by Lalit K. Deshpande | On 04 May 2016

Incentives and Outcomes: China's Environmetal Policy

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

by | On 04 May 2016

Trade Liberalisation and Women's Employment Intensity: Analysis of India's Manufacturing Industries

This paper analyses the role of various trade and technology related factors in determining female employment intensity (FEI), in a panel of India's manufacturing industries for the perio...

by | On 02 May 2016

Action vs Planning

Can the targets of achieving high economic growth be achieved without planning?

by T.N. Ninan | On 24 Apr 2016

The 2016 National Budget: Philippines

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

by Strategic Communication Unit Philippines | On 11 Apr 2016

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

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

by | On 06 Apr 2016

Global Energy Architecture Performance Index Report 2016

The Global Energy Architecture Performance Index Report 2016 ranks 126 countries on their ability to deliver secure, affordable and sustainable energy. The results of the global Energy Architecture Pe...

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

Budget Speech Haryana: 2016-17

Budget Speech of Finance Minister of Haryana.

by Capt. Abhimanyu | On 22 Mar 2016

The Economic Impact of Child Labour

The paper contains a theoretical discussion and a literature survey on the economic impact of child labour. Three main categories of economic impact of child labour are analysed: 1) the effects of chi...

by Rossana Galli | On 21 Mar 2016

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

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

by Alokesh Barua | On 21 Mar 2016

Budget Speech Odisha Part II: 2016-17

Part II of the Budget speech of the finance minister.

by Pradip Kumar Amat | On 21 Mar 2016

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

Improving Rice Production and Commercialization in Cambodia - Findings from a Farm Investment Climate Assessment

In 2010, Cambodia outlined a plan aimed at developing its rice sector into a major rice exporting country. The rice sector was chosen due to comparative advantages in land, perceptions of significant...

by Asian Development Bank Institute | On 18 Mar 2016

Cambodia Diversifying Beyond Garments and Tourism Country Diagnostic Study

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

by Asian Development Bank Institute | On 18 Mar 2016

Budget Speech Maharashtra: 2016-17-Part I

Budget Speech by Finance Minister of Maharashtra

by Sudhir Mungamtiwar | On 18 Mar 2016

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

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

by Asian Development Bank Institute | On 17 Mar 2016

Market Provision of Quality: Impact of Economic Growth

Over the past three decades, the world has witnessed economic growth accompanied by widening of income inequalities. In the face of rising income inequalities, it becomes imperative to ask what happen...

by Sangeeta Bansal | On 16 Mar 2016

What Attracts FDI in Indian Manufacturing Industries?

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

by Rashmi Rastogi | On 16 Mar 2016

Optimizing Public Expenditure Allocations between Secondary and Higher Education

With a view to define a balance in the allocation of public expenditure across secondary education and higher education, this paper compares, the relative contributions of public expenditures on secon...

by Vijay P. Ojha | On 16 Mar 2016

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

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

by Swati Saini | On 16 Mar 2016

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

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

by Alokesh Barua | On 15 Mar 2016

R & D Sector Outsourcing, Human Capital Formation and Growth in the Context of Developed versus Developing Economies

This paper theoretically examines the impact of R & D outsourcing from an economy which is in the innovation-only regime to an economy which is in the imitation-innovation regime. It shows that depend...

by Sujata Basu | On 15 Mar 2016

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

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

by Sujata Basu | On 15 Mar 2016

Endogenous Human Capital Formation, Distance to Frontier and Growth

The paper examines human capital’s contribution to economy-wide technological progress through two channels – imitation and innovation – innovation being more skilled-intensive than innovation. It d...

by Sujata Basu | On 15 Mar 2016

Can the Organised and Unorganised Sectors Coexist: A Theoretical Study

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

by Manoj Pant | On 15 Mar 2016

Cambodia Addressing the Skills Gap Employment Diagnostic Study

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

by Asian Development Bank Institute | On 15 Mar 2016

Asia SME Finance Monitor 2014

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

by Asian Development Bank Institute | On 15 Mar 2016

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

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

by Asian Development Bank Institute | On 15 Mar 2016

Reforming Vietnam’s Rural Economy

This year it is predicted that Vietnam’s economy will slump to a level not seen since 1999. As a result of this and factional in-fighting over this issue, on the 22nd of October Vietnam’s Prime Minist...

by | On 14 Mar 2016

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

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

by Roehlano M. Briones | On 14 Mar 2016

Srilanka Building on Success

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

by Asian Bank | On 14 Mar 2016

India in the Global Economy

The global economy is finding it hard to restore pre-Great Recession growth rates – every report of the IMF seemingly downgrades its previous growth forecasts. Why has the recovery been so slow? When ...

by Raghuram G. Rajan | 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

A Note on Excess Money Growth and Inflation Dynamics: Evidence from Threshold Regression

We test the effect of excess money growth on inflation using Threshold Regression technique developed by Hansen (2000). The empirical test is conducted using annual data from India for the period from...

by Saumitra N Bhaduri | On 13 Mar 2016

China - Rebalance to Avoid the Middle Income Trap

China’s new leadership must rebalance the country’s economy if it is to avoid falling into the middle income trap. Yet slowing growth rates make drastic reforms politically sensitive at a time when th...

by | On 12 Mar 2016

India's Shale Gas Boom: Dream or Reality?

As India prepares for the release of its long anticipated shale gas policy, pressure continues to mount on New Delhi. An increase in coal imports over the past 12 months has demonstrated the stress on...

by | On 12 Mar 2016

‘China 2030: Building a Modern, Harmonious, and Creative Society’

China is unique among developing countries in achieving sustained economic and social success. So, policymakers in South Asia will do well to factor a robust Chinese economic future into their thinkin...

by Shahid Javed Burki | On 11 Mar 2016

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

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

by Zareena Begum Irfan | 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

Consumer’s Acceptance towards Genetically Modified Crops and Growth of the Economy: A Theoretical Approach

This paper develops a three-sector theoretical growth model to capture the role of consumers’ acceptance towards the second generation of genetically modified (GM) crops in the long run growth process...

by Arpita Ghose | On 10 Mar 2016

Climate Change Economics: A Review on Theoretical Understanding and Controversies

The neo-classical economics literature incorporated the notion of environment during the mid 20th century, but climate change has found its place in the economics discourse during the early 1980s. Dur...

by Unmesh Patnaik | On 09 Mar 2016

Stagnation Traps

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

by Gianluca Benigno | On 09 Mar 2016

Swimming Upstream: Input-output Linkages and the Direction of Product Adoption

Multiproduct firms dominate production, and their product turnover contributes substantially to aggregate growth. Firms continually adapt their product mix, but what determines which products firms ex...

by Johannes Boehm | On 09 Mar 2016

Agricultural Growth and Decomposition of Crop Output in Gujarat: Recent Trends

The growth story of Gujarat’s agriculture has received significant recognition (with around 10 percent growth rate in recent years) and is often being hailed as a role model for other states to follow...

by Itishree Patnaik | On 09 Mar 2016

The Politics of Public Debt: Neoliberalism, Capitalist Development, and the Restructuring of the State

Rising public debt has been widespread in democratic-capitalist political economies since the 1970s, generally accompanied among other things by weak economic growth, rising unemployment, increasing i...

by | On 08 Mar 2016

‘Land Grab’ and its Discontents

In the last two years, there has been a proliferation of acquisitions of farmland in resource-rich but capital-starved countries in the Global South. International reports attribute this trend to gove...

by S. Rajaratnam International Studies | On 05 Mar 2016

Exploring the Relationship between Health and Economic Development: The Case of China

Historical evidence suggests that economic development has been central to improving public health. This NTS Alert takes a closer look at the relationship between the two by reviewing the case of Chin...

by | On 03 Mar 2016

Bihar Budget Analysis 2016-17

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

by Arvind Gayam | On 03 Mar 2016

Impact of China Slowdown on India

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

by Geetima Das Krishna | On 02 Mar 2016

Inclusion and Growth in India: Some facts, Some conclusions

In the main, this study uses the large sample National Sample Surveys (NSS) for the years 1983, 1993/94, 1999/2000, and 2004/5. There are two surveys that the NSS conducts in each of the large sample...

by Surjit S. Bhalla | 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

Economy for Life in our Earth community

This living document is a result of an extensive process led by the Social Movements for an Alternative Asia (SMAA), GerakLawan, La ViaCampesina and the supporters of the EndWTO Campaign.

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

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

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

by Jenny Gordon | On 29 Feb 2016

Growth Pole Programme For Unorganised Sector Enterprise Development

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

by National Commission for Enterprises in the Unorgan NCEUS | On 29 Feb 2016

Combating Low Birth Weight and Intra - Uterine Growth Retardation

Low birth weight is a major public health problem in India. About 30% of all infants born in hospitals are reported to weigh less than 2.5 kg at birth. Studies carried out by ICMR in the late seventie...

by Sarath Gopalan | On 29 Feb 2016

Using Identification for Development: Some Guiding Principles

There is growing recognition of the importance of identification for sustainable development. Its role is recognized formally in target 16.9 of the Sustainable Development Goals, which calls for provi...

by Alan Gelb | On 28 Feb 2016

Family Planning Program Effects: A Review of Evidence from Microdata

This paper reviews empirical evidence on the micro-level consequences of family planning programs in middle- and low-income countries. In doing so, it focuses on fertility outcomes (the number and tim...

by Grant Miller | 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

A Model of Gender Inequality and Economic Growth

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

by Jinyoung Kim | On 27 Feb 2016

India’s GDP Growth: Confusion Amidst Cheers

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

by Amitendu Palit | On 26 Feb 2016

Economic Survey 2015-16-Volume II

India’s growth story has largely remained positive on the strength of domestic absorption, and the country has registered a robust and steady pace of economic growth in 2015-16 as it did in 2014-15....

by Arun Jaitley | On 26 Feb 2016

Economic Survey 2015-16-Volume I

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

by Arun Jaitley | On 26 Feb 2016

Energy Security in Singapore: Challenges and Opportunities

The pursuit of energy security traditionally revolves around securing supply sources. Is there more to it than just supply issues? The effectiveness of energy security also depends on whether energy c...

by | On 25 Feb 2016

Female Labour Force Participation in Asia: Indonesia Country Study

Indonesia has experienced robust, sustained growth over the past 30 years, accompanied by swift socioeconomic change. However, Indonesian women have remained only moderately engaged in the labor marke...

by Simone Schaner | On 25 Feb 2016

Why Inequality Matters in Poverty Reduction and Why the Middle Class Needs Policy Attention

While the Philippines has had a new economic growth trajectory in recent years, the country has had little progress in reducing poverty and in making growth more inclusive. In this paper, the authors...

by Jose Ramon G. Albert | On 24 Feb 2016

Cost Effectiveness Assessment of Green House Gas Mitigation Options: A Proposed Methodology

The World Bank has been requested by the government of India to undertake a study, “Strategies for Low Carbon Growth.” The study considers different options for low-carbon growth trajectories to fisca...

by Ministry of Environment and Forests GOI | On 24 Feb 2016

Grid – Connect Electricity Supply in India

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

by World Bank | On 24 Feb 2016

Clean Coal Power Generation Technology Review: World Wide Experience and Implications for India

The purpose of this report is to provide an overview of the clean coal technologies (CCT) used in power generation worldwide and draw preliminary recommendations regarding the utilization of CCT optio...

by World Bank | On 24 Feb 2016

Towards Transparency and Good Governance

Transparency has been put in processes, changed many rules for protection of environment and we have started taking decisions that are based on policies. The cases that fall within the policy framewor...

by Ministry of Environment and Forests | On 24 Feb 2016

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

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

by | On 23 Feb 2016

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

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

by Prakash Nelliyat | On 23 Feb 2016

Un-balanced Economic Growth

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

by Hing-Man Leung | On 23 Feb 2016

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

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

by Justin Yifu Lin | On 23 Feb 2016

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

China and East Asian Energy: Prospects and Issues

Adequate supplies of natural resources have always been preconditions for economic growth. The requirements for energy and metallic mineral resources have been larger and more obvious with the modern...

by Dominic Meagher | On 23 Feb 2016

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

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

by Aekapol Chongvilaivan | On 23 Feb 2016

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

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

by Kanit Sangsubhan | On 23 Feb 2016

Dissecting the China Puzzle: Asymmetric Liberalization and Cost Distortion

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

by Huang Yiping | On 22 Feb 2016

Agriculture and Food Security in Asia by 2030

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

by Kym Anderson | On 22 Feb 2016

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

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

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

by Jeffrey D. Sachs | On 21 Feb 2016

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

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

by | On 19 Feb 2016

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

10 Things Designers Need to Work on

The 10 considerations are based on Christian Werthmann’s five year investigation of numerous small and large scale improvement projects in Latin America as wells as the outcome of two symposia titled...

by Christian Werthmann | On 19 Feb 2016

Making Room for a Planet of Cities

The Making Room Paradigm draws on data collected from a sample of 120 cities, extracted from a much larger database, and is based on the realization that rapid urban population growth and its rapid co...

by Shlomo Angel | On 19 Feb 2016

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

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

by Rupa Chanda | On 19 Feb 2016

Urban Economy in the New Millennium

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

by | On 19 Feb 2016

Stock Market Liberalisations in the South Asian Region

It has long been realised that factor accumulation and technological development are only proximate causes of economic development, and focus has now shifted to investigating the ‘deeper determinants’...

by Fazal Husain | On 18 Feb 2016

Integrated Farming Systems And Resilient Agricultural Landscapes

Asia’s rapid change across socio-economic and political spheres, amid population growth and rising demand for food, feed and energy supplies, is unprecedented. To strike a balance between economic gro...

by Research Consultative Group on International Agricultural | On 18 Feb 2016

Will Rapid Development in Johor Impact Water Access, Quality or Price in Singapore?

Johor’s growth has been both rapid and encompassing, and includes evolving trends in demographic, industrial, transportation and social spheres. Such growth raises significant questions for Singapore,...

by | On 17 Feb 2016

Income Inequality in ASEAN: Perceptions on Regional Stability from Indonesia and the Philippines

ASEAN’s normative framework is underpinned by the principle of non-interference which generally relates to political and security issues. Another regional norm is that leaders attempt to formulate com...

by | 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

Implications for Investment in ASEAN Agriculture

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

by | On 16 Feb 2016

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

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

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

by Naoyuki Yoshino | On 16 Feb 2016

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

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

by Rizwana Siddiqui | On 15 Feb 2016

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

Need to Push for Inclusive Growth

The major challenge facing the Indian economy at this juncture is to provide a big push to the growth momentum while striking a balance between the much-needed capital expenditure and fiscal consolida...

by S.D Naik | 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

Foreign Direct Investment: Impact on Sectoral Growth in Bangladesh

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

by Iftekhar Ahmed Robin | On 15 Feb 2016

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

Toward Reconciliation in Afghanistan

How can we make sense of where the United States is in Afghanistan today? A poor country, wracked by 30 years of civil war, finds itself at the mercy of insurgents, terrorists, and narco-traffickers....

by Michael O'Hanlon | On 14 Feb 2016

Growth Diagnostics in Pakistan

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

by Abdul Qayyum | On 14 Feb 2016

Does Governance Contribute to Pro-poor Growth? Evidence from Pakistan

This paper explores linkages between governance and pro-poor growth in Pakistan for the period 1996 to 2005. The analysis indicates that governance indicators have low scores and rank at the lowest pe...

by Rashida Haq | On 14 Feb 2016

Trends in Inequality, Welfare, and Growth in Pakistan, 1963-64 to 2004-05

The present study investigates the trends in inequality, welfare, and growth based on per capita household income/consumption in Pakistan, both its rural and urban areas, from 1963-64 to 2004-05. It e...

by Nadia Zakir | On 14 Feb 2016

Foreign Direct Investment in Health Services

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

by Zbigniew Zimny | On 13 Feb 2016

Beyond Geography: Unlocking Human Potential

This Report focuses on the productive abilities of the regions, households and individuals. The report also reinforces the fact that there are inequalities between and within regions, as well as soci...

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

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

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

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

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

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

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

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

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

by | On 11 Feb 2016

Demystifying the Arctic

To this day, the general public thinks of the Arctic in visions of unspoiled ocean and landscapes, expansive ice, clean water, unique species and aboriginal cultures – essentially it reminds everyone...

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

Myanmar Economy A Comparative View

A stated objective of Myanmar is to become a modern developed nation that will stand shoulder to shoulder – proud, dignified and tall – with the countries of the world. How far has Myanmar come in ach...

by | On 09 Feb 2016

‘Culture’ Lens Matters while Thinking Urban Health Inequity

This paper examined the role of culture in urban health inequity by drawing a case of a basti in Surat (City in Gujarat, India). Like many other Indian cities, Surat is vulnerable in terms of populati...

by | On 09 Feb 2016

Trade, Finance & Development: Overview of Challenges and Opportunities

Although there is an extremely robust positive correlation between various measures of trade and financial development on the one hand, and economic growth, on the other, the evidence concerning the d...

by | On 08 Feb 2016

Aquaculture: Issues and Opportunities for Sustainable Production and Trade

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

by | On 08 Feb 2016

Trade Policy Options for Sustainable Oceans and Fisheries

With 37% of fish harvest exported as food for human consumption or in non-edible forms, trade policies and measures constitute an essential part of the overall policy framework needed to support susta...

by | On 08 Feb 2016

Analysing the Terms of Trade Effect for Pakistan

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

by Nishat Fatima | On 06 Feb 2016

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

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

by Abdul Rashid | On 06 Feb 2016

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

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

by Muhammad Javid | On 06 Feb 2016

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

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

by | On 05 Feb 2016

Transparency in Corporate Reporting: Assessing the World’s Largest Telecommunications Companies 2015

With currently more than 7 billion mobile subscriptions worldwide and 3.2 billion internet users, the growth of the telecoms sector has enabled unprecedented opportunities for social and economic deve...

by Transparency International | On 03 Feb 2016

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

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

by Madeeha Gohar Qureshi | On 03 Feb 2016

Rent Seeking Opportunities and Economic Growth in Transitional Economies

This study empirically explores the growth effects of rent seeking activity (RSA) for a group of 52 developing/transitional countries, using a dynamic panel data approach. The modelling framework is a...

by Nasir Iqbal | On 03 Feb 2016

Fiscal Decentralisation and Economic Growth: Role of Democratic Institutions

This study attempts to analyse the impact of fiscal decentralisation on economic growth. It also examines the complementarity between fiscal decentralisation and democratic institutions in promoting g...

by Nasir Iqbal | On 03 Feb 2016

Governance and the Effectiveness of Foreign Capital

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

by Unbreen Qayyum | On 03 Feb 2016

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

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

Does the Rise of the Middle Class Lock in Good Government in the Developing World?

The current size of the income-secure middle class and its likely future growth, suggest that optimism is indeed warranted for many of today’s middle-income countries. But it is not warranted for all...

by Nancy Birdsall | On 03 Feb 2016

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

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

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

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

Property Tax Experiment in Punjab, Pakistan

Pakistan faces important policy challenges in improving service delivery and growth and development. Low levels of tax revenue act as a serious constraint to economic growth, provision of services and...

by Benjamin Olken | On 02 Feb 2016

Shale Oil: On the Cusp of an Energy Revolution?

This paper focuses on this new trend in global energy, and examines its influence on oil prices in the international markets, as well as its long-run economic, political, and geostrategic implications...

by | 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

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

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

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

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

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

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

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

Savings Behaviour In South Asia

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

by Ranjan Kumar Dash | On 30 Jan 2016

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

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

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

by Reji K Joseph | On 30 Jan 2016

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

Fiscal Consolidation and Economic Growth: A Case Study of Pakistan

Pakistan’s economy has witnessed occasional spurts in economic growth, unfortunately, the economic growth has not been sustainable. One of the culprits often cited for haphazard growth experience of P...

by Ahmed Waqar Qasim | On 30 Jan 2016

Issues in Statistical Modelling of Human Capital and Economic Growth Nexus: A Cross Country Analysis

The human capital and growth relationship has been subject to a lot of debate in economic literature. The empirical growth models are beset with problems ranging from theoretical frameworks and statis...

by Verda Salman | On 30 Jan 2016

The Impact of Formal and Informal Institutions on Economic Performance: A Cross-Country Analysis

This study is an attempt to understand the relative contribution of culture and economic freedom to economic growth. Through applying fixed effect to the panel of fifty four developed, developing and...

by Yasir Khan | On 30 Jan 2016

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

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

by Jinyoung Kim | On 30 Jan 2016

Healing Wounds: How the International Centers of the CGIAR Help Rebuild Agriculture in Countries Affected by Conflicts and Natural Disasters

This study first reviews current thinking on the underlying causes of conflicts and disasters, identifying poverty as a major driver of both. Poverty breeds frustration, compelling the poor to turn to...

by Surendra Varma | On 29 Jan 2016

Making Regional Cooperation Work for South Asia’s Poor

South Asia has attracted global attention because it has experienced rapid GDP growth over the last two decades. What is not so well known is that South Asia is the least integrated region in the worl...

by Ejaz Ghani | On 29 Jan 2016

Teacher Shortage in the Arab World: Policy Implications

In the Arab world, there has been increased awareness on the instrumentality of education in fostering human and economic development and a realization that quality education contributes to the econom...

by | On 29 Jan 2016

Investing in Human Capital for Inclusive Growth: Focus on Higher Education

What does the Philippines need to do to transform its economy into a high middle-income economy and ensure that the benefits from such a transformation are within reach of every Filipino? Investment i...

by | On 29 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

Inequality and Growth Reconsidered: Lessons from East Asia

East Asian economies have experienced rapid growth over three decades, with relatively low levels of income inequality, and appear to have also achieved reductions in income inequality. We argue that...

by | On 28 Jan 2016

A Legally Binding Agreement (LBA) - Growing Need for Air Pollution Reduction and Control in South Asia

With increasing urbanization and economic growth, air pollution is becoming an urgent concern in South Asian countries. The study upon which this paper is based has been conducted at SDPI, to look int...

by Mahmood Khwaja | On 28 Jan 2016

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

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

by B.L. Kumar | On 28 Jan 2016

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

McKinsey's Urban Governance and Planning - Relevance to Health

In April 2010 the McKinsey Global Institute (MGI) released a report aimed at ‘awakening India’s cities, building inclusive ones and sustaining economic growth. This policy note summarises the report’s...

by Meera Chatterjee | On 28 Jan 2016

Infrastructure and Growth in a Regional Context: Indian States since the 1980s

The central focus of this paper is to underscore emerging patterns and issues in the availability of and access to physical infrastructure in major Indian states during the two decades since the 1980s...

by Keshab Das | On 28 Jan 2016

Effect of Maternal Mental Health on Infant Growth in Low Income Countries: New Evidence from South Asia

Impaired infant growth, a major problem in South Asia, may require interventions to improve maternal mental health in addition to current interventions targeting infant nutrition. Unicef estimates tha...

by Marcus Hughes | 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

Reducing Child Undernutrition: How far Does Income Growth Take Us?

How rapidly will child undernutrition respond to income growth? This study explores that question using household survey data from 12 countries. In addition, data on the undernutrition rates since the...

by | On 28 Jan 2016

Financing for Farmer Producer Organisations (FPOs)

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

by United Nations Development Programme (UNDP) | On 27 Jan 2016

When the Hen Crows: Obstacles that Prevent Indigenous Women from Influencing Health-care Policies – A Case Study of Shillong, Meghalaya, India

Meghalaya is a landlocked and largely agrarian state in northeast India with an approximate population of three million. Various government surveys report that roughly half the state lives below the p...

by | On 26 Jan 2016

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

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

by Christian Henn | On 26 Jan 2016

Pro-Nutrition Agriculture in India: Entry Points and Policy Options

India should comprehensively address its challenge of undernutrition. This includes, pursuing agricultural policies to strengthen agriculture-nutrition linkages. This note suggests that agricultural p...

by S. Mahendra Dev | On 26 Jan 2016

The 1000 Day Window of Opportunity for Improving Child Nutrition in India: Insights from National-level Data

Using Data from National Family Health Surveys (NFHS), this note shows the patterns of child growth in India. It also shows that in India the status of recommended essential interventions in this wind...

by Purnima Menon | On 26 Jan 2016

Overcoming Challenges to Accelerating Linear Growth in Indian Children

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

by Harshpal Singh Sachdev | On 26 Jan 2016

Analysis of Agricultural Performance of Andhra Pradesh and Orissa: 1960-61 to 2005-06

Persistent inter-state disparity in terms of economic and agricultural growth has emerged as a key issue in recent discussions of development policy. he present paper examines the factors that influen...

by Itishree Patnaik | On 26 Jan 2016

Agriculture and Structural Transformation in Developing Asia: Review and Outlook

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

by Roehlano M. Briones | On 25 Jan 2016

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

Total Factor Productivity of the Software Industry in India

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

by Nira Ramachandran | On 24 Jan 2016

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

Nexus among Output, Inflation and Private Sector Credit in Bangladesh

This study examines the relationship if any among economic growth (output), private sector credit and inflation in Bangladesh. In many developed and developing countries, private sector credit has pla...

by Sayera Younus | On 23 Jan 2016

Public Debt Sustainability in Bangladesh

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

by Md. Ezazul Islam | On 23 Jan 2016

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

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

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

Inclusive Growth In Hilly Regions: Priorities For The Uttarakhand Economy

In the recent past, the focus of economic policy in India has shifted to issues of equitable growth. This implies that the economy should not only maintain the tempo of growth but also spread the bene...

by Sabyasachi Kar | On 23 Jan 2016

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

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

by Bangladesh Bank | On 23 Jan 2016

Building Mutual Understanding for Effective Development

In recent years a number of countries, referred to collectively as the rising powers, have achieved rapid economic growth and increased political influence. In many cases their experience challenges r...

by Institute of Development Studies IDS | On 23 Jan 2016

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

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

by Stephen Spratt | On 23 Jan 2016

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

The Growth-Employment Relationship Since 2000

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

by Shipra Nigam | On 21 Jan 2016

Demographics and Climate Change: Future Trends And their Policy Implications for Migration

This working paper seeks to explore the potential impact of future demographic and climate change on migration patterns in developing countries, in order to identify policy implications for internatio...

by | On 20 Jan 2016

World Economic Situation and Prospects 2013

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

by United Nations (UN) | On 20 Jan 2016

Stunting among Children Facts and Implications

Indian children are very short, on average, compared with children living in other countries. Because height reflects early life health and net nutrition, and because good early life health also helps...

by Alessandro Tarozzi | On 20 Jan 2016

India: Developing World’s Voice on Climate Issues

The Conference on climate change in Paris in December 2015 demonstrated what an uphill road it is for all nations to ‘come together and save the world’. India, the fourth-largest contributor to worldw...

by Chandrani Sarma | On 20 Jan 2016

Dietary Pattern of Schoolgoing Adolescents in Urban Baroda, India

Diet plays a very important role in growth and development of adolescents, during which the development of healthy eating habits is of supreme importance. There is a dual burden of undernutrition and...

by K. Srinath Reddy | On 19 Jan 2016

Indian Media’s Dickensian Age

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

by T. N. Ninan | On 19 Jan 2016

Where is India’s Growth Headed?

In this paper, we analyze the sources of output growth in the past three decades and discuss the outlook going forward. Projections are made for the growth of factors of production and the growth of...

by Ila Patnaik | On 18 Jan 2016

Raising Agricultural Productivity and Making Farming Remunerative for Farmers

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

by Niti Aayog GOI | On 18 Jan 2016

Does Development Reduce Migration?

The most basic economic theory suggests that rising incomes in developing countries will deter emigration from those countries, an idea that captivates policymakers in international aid and trade dipl...

by | On 15 Jan 2016

A Survey of the Role of Fiscal Policy in Addressing Income Inequality, Poverty Reduction and Inclusive Growth

A growing concern on widening income gap between the rich and the poor, the policy mismatch in tackling the relative poverty and income inequality have invited increasing volumes of research focusing...

by | On 15 Jan 2016

Can Private School Growth Foster Universal Literacy? Panel Evidence from Indian Districts

Millennium Development Goals (MDGs) set the agenda for the attainment of universal literacy by 2015 primarily to be delivered by the state sector. This agenda tends to ignore the significant private s...

by | On 15 Jan 2016

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

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

by | On 15 Jan 2016

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

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

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, 2004

The Least Developed Countries Report 2004 assesses the relationship between international trade and poverty within the LDCs, and identifies national and international policies that can make trade a mo...

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

Trade and Development Report 2007

The Trade and Development Report 2007, subtitled "Regional cooperation for development", recommends that developing countries should strengthen regional cooperation with other developing countries, bu...

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

The Least Developed Countries Report, 2011

The least developed countries (LDCs) are a group of countries that have been classified by the United Nations as least developed in terms of their low gross domestic product (GDP) per capita, weak hum...

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

Trade and Development Report, 2010

The Trade and Development Report 2010 focuses on the need to make employment creation a priority in economic policy. Unemployment is the most pressing social and economic problem of our time, not leas...

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

Trade and Development Report, 2012

The Trade and Development Report (TDR) 2012 reviews recent trends in the global economy and explores the links between income distribution, growth and development. Global output growth is slowing down...

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

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, 2014

The Trade and Development Report 2014: Global Governance and Policy Space for Development examines recent trends in the global economy, with a focus on growth, trade and commodity prices.The Report hi...

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

Sharing of Social Sectors Experiences in IBSA: Assessment of Initiatives and Way Forward

The paper analyses the select Communiqués and Declarations pertaining to social sectors issued from time to time. In this context, it evaluates the status and performance of social development in each...

by | 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

World Population Prospects The 2015 Revision

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

by United Nations (UN) | On 08 Jan 2016

2015 World Public Sector Report on Responsive and Accountable Public Governance

Heads of state and government have adopted a new development agenda to guide sustainable development efforts for the next 15 years. Member States will have the responsibility of turning this collectiv...

by | On 08 Jan 2016

Navigating a Changing World Economy: ASEAN, the People's Republic of China, and India

Most projections envision continued rapid growth in the members of the Association of Southeast Asian Nations (ASEAN), the People’s Republic of China (PRC), and India (collectively, ACI) over the next...

by Fan Zhai | On 07 Jan 2016

How Low-Carbon Green Growth Can Reduce Inequalities

Half of the world’s population — 3 billion people — lives below the poverty line, and Asia has the largest share. In pursuit of sustainable economic development and poverty alleviation, there is great...

by Anbumozhi Venkatachalam | 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

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

Japan’s Lost Decade: Lessons for Other Economies

Japan has suffered from sluggish economic growth and recession since the 1990s, a phenomenon dubbed “Japan’s Lost Decade.” The People’s Republic of China, many countries in the eurozone, and the Unite...

by Naoyuki Yoshino | On 06 Jan 2016

Internal Migration, Poverty and Development in Asia

This article explores the relationship between internal migration and economic growth and development in Asia, concentrating on four countries: China, India, Vietnam and Indonesia. Levels of internal...

by | On 05 Jan 2016

Summary of Indonesia's Poverty Analysis

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

by Priasto Aji Aji | On 01 Jan 2016

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

This paper examines the economic and trade effects of infrastructure in Asia. Infrastructure plays a key role in facilitating trade, especially since recent trade liberalization in Asia has resulted i...

by Jamilah Mahyideen | On 01 Jan 2016

Achieving Environmental Sustainability in Myanmar

With many environmental assets, and industrial pressure only beginning to develop, Myanmar could effectively form policies and regulations that ensure sustainable growth and conservation of key natura...

by Sakiko Tanaka | On 01 Jan 2016

Service Sector Productivity and Economic Growth in Asia

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

by Jong-Wha Lee | On 30 Dec 2015

The Relationship between Structural Change and Inequality: A Conceptual Overview with Special Reference to Developing Asia

Structural change has a far-reaching impact on inequality. Extensive structural change is both a cause and consequence of the exceptionally rapid economic growth, which enabled developing Asia to rais...

by Donghyun Park | On 30 Dec 2015

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

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

by Jamilah Mahyideen | On 29 Dec 2015

Can Social Security Boost Domestic Consumption in the People’s Republic of China?

This paper reviews the development of the social security system and trends in the urban labor market in the People’s Republic of China (PRC). Despite its remarkable economic achievement, the PRC face...

by Wang Dewen | On 29 Dec 2015

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

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

by Farhad Hesary | On 29 Dec 2015

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

Macroeconomic Effects of Oil Price Fluctuations on Emerging and Developed Economies in a Model Incorporating Monetary Variables

The goal of this paper is to examine the impact of crude oil price movements on two macro variables, the gross domestic product (GDP) growth rate and the consumer price index (CPI) inflation rate, in...

by Naoyuki Yoshino | On 23 Dec 2015

Estimating Growth-Inflation Tradeoff Threshold in Bangladesh

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

by Sayera Younus | On 22 Dec 2015

Second Demographic Transition or Aspirations in Transition: An Exploratory Analysis of Lowest-low Fertility in Kolkata, India

The paper argues that second demographic transition (SDT) might have to be redefined for a developing country in context to India. India currently has the lowest fertility rate (TFR 1.2). This could b...

by Saswata Ghosh | On 22 Dec 2015

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

Benchmarking Inclusive Growth and Development

Rising income inequality is often the cause of social and political unrest and is damaging to our future economic well-being. Yet while it is clear that economic growth must also deliver improvements...

by Margareta Drzeniek | On 21 Dec 2015

Regulatory Structure of Higher Education in India

This report analyses the current regulatory framework of higher education in India and highlights areas that require important policy reforms in order to encourage greater private participation. This...

by Centre for Civil Society CCS | 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

Growth and Structural Changes in Indian Industries

This paper deals with the growth and structural changes in Indian industries, particularly the manufacturing sector over a period of 1950 to 2010. The most structural change that occurred was industri...

by T.P. Bhat | On 18 Dec 2015

A Note on Reserve Currencies with Special Reference to the G-20 Countries

It is most likely that the current reserve currencies will retain their status in the near future, given the persistence in the composition of reserve holdings. However, since we do not have complete...

by Menzie D. Chinna | On 18 Dec 2015

Transforming the economic lives of the ultra-poor

This brief describes key findings from a rigorous seven-year evaluation of the first of these livelihood programmes, BRAC’s ‘Targeting the Ultra-Poor’ programme in rural Bangladesh. Targeted household...

by Clare Balboni | On 18 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

Can Green Growth Really Work and What Are the True (Socio-) Economics of Climate Change?

Many economists and policymakers advocate a fundamental shift towards "green growth" as the new, qualitatively-different growth paradigm, largely based on enhanced material/resource/energy efficiency,...

by Ulrich Hoffmann | On 16 Dec 2015

Accelerating Equitable Achievements of the MDGs: Closing Gaps in Health and Nutrition Outcomes

Published in February 2012 by the United Nations Economic and Social Commission for Asia and the Pacific, the United Nations Development Programme and the Asian Development Bank, the report focuses on...

by United Nations Development Programme (UNDP) | On 16 Dec 2015

Per - child Funding Model for Financing School Education in India

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

by Centre for Civil Society CCS | On 15 Dec 2015

Global Increase in Climate - Related Disasters

Is there an ominous link between the global increase of the hydrometeorological and climatological events on the one side and anthropogenic climate change on the other? This paper considers three main...

by Vinod Thomas | On 15 Dec 2015

Does the Rise of Middle Class Lock in Good Government in the Developing World?

The current size of the income-secure middle class and its likely future growth, suggest that optimism is indeed warranted for many of today’s middle-income countries. But it is not warranted for all...

by Nancy Birdsall | On 14 Dec 2015

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

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

by Mohammad Niaz Asadullah | On 11 Dec 2015

Human Rights and Asian Values

The thesis that Asian values are less supportive of freedom and more concerned with order than discipline than are Western values and that the claims of human rights in the areas of political and civi...

by Amartya Sen | On 10 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

Sustainable Urbanization in Asia

Rapid urbanization together with climate change is emerging as the most challenging issue of the twenty-first century. As the region with the highest percentage increase in urban population over the l...

by UN-HABITAT UNHABITAT | On 07 Dec 2015

Gender Equality and Sustainable Development

The immense social, economic and environmental consequences of climate change and loss of essential ecosystems are becoming clear. Their effects are already being felt in floods, droughts, and devasta...

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

Investment and Growth in India under Liberalization: Asymmetries and Instabilities

This paper makes the case that the growth trajectory of the Indian economy in the post-1991 liberalization period is characterised by an inherent source of instability in manufacturing and industrial...

by | On 20 Nov 2015

An Impact Evaluation of Investment in Infrastructure : The Case of the Railway Connection in Uzbekistan

The objective of this paper is to examine the nature and magnitude of the effects of infrastructure provision on regional economic performance. The empirical evidence of the analysis is based on diffe...

by Naoyuki Yoshino | On 13 Nov 2015

Whither the Co-operative Banking?

Current status of the urban co-operative banking in India, how it reached there, what recent initiatives the Reserve Bank has taken to strengthen the sector and what is the way forward. [Speech deliv...

by R. Gandhi | On 04 Nov 2015

Tolerance and Respect for Economic Progress

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

by Raghuram G. Rajan | On 03 Nov 2015

Highlights of Recent IFPRI Food Policy Research in India: Reducing Poverty and Hunger through Food Policy Research

IFPRI and India’s partnership played a particularly important role following the Green Revolution when that partnership analyzed the necessary policies to both promote domestic food production and to...

by International Food Policy Research Institute | On 03 Nov 2015

Reducing Poverty in India: The Role of Economic Growth

This paper empirically examines the relation between economic growth and poverty alleviation for the case of India. We provide evidence that higher growth rates were associated with faster decline in...

by Pradeep Agrawal | On 26 Oct 2015

Infrastructure in India: Challenges and the Way Ahead

This study compares the levels of development of the social and physical infrastructure in India with those in other major emerging countries as well as developed countries. The study finds that India...

by Pradeep Agrawal | On 26 Oct 2015

Economic Growth and Social Reproduction: Gender Inequality as Cause and Consequence

This paper examines how growth, social reproduction and gender equality are connected in ways that make care work a key determinant of macroeconomic policy outcomes, growth and development. The paper...

by | On 21 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

How 21st-Century Longevity Can Create Markets and Drive Economic Growth

Population ageing is one of the greatest trends shaping the 21st century social, economic and political life. As the world approaches 2020 there will be 1 billion people over the age of 60 and virtu...

by | 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

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

Measuring Poverty in a Growing World

The extent to which growth reduces global poverty has been disputed for 30 years. A major problem is that consumption measured from household surveys, which is used to measure poverty, grows less rapi...

by Angus Deaton | On 13 Oct 2015

Bihar Economic Survey 2014 - 15

Bihar clocked an economic growth rate of 9.92 per cent during financial year 2013-14, while its per capita Gross State Domestic Product (GSDP) shot up to Rs 17,294 during this period from Rs 15,931 in...

by Government of Bihar | On 13 Oct 2015

Measuring Poverty

The General Assembly of the United Nations adopted in 2000 a set of “Millennium Development Goals” the first of which is to eradicate extreme poverty and hunger, more specifically to “reduce by half,...

by Angus Deaton | On 13 Oct 2015

Social and Economic Change in Rural Bihar and the Emerging Policy Framework

This document presents a summary of the initial findings from a research programme on inclusive growth in Bihar, carried out by the Institute for Human Development, New Delhi. The study aims to unde...

by | On 12 Oct 2015

Development Strategy in Bihar through Revitalizing the Agricultural Sector: A Preliminary Analysis

Based mainly on secondary data and partly on primary information obtained through field surveys in selected rural areas in Bihar in 2011, this paper firstly argues the critical importance of agricultu...

by | On 11 Oct 2015

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

Dividend Policy and Role of Corporate Governance in Manufacturing Sector of Pakistan

This study examines the relationship between internal mechanisms and external mechanisms of corporate governance and dividend policy for 100 manufacturing firms listed on Karachi Stock Exchange over...

by | On 08 Oct 2015

Regional Inequality in Bangladesh in the 2000s: Re-Visiting the East-West Divide Debate

The term “East-West divide” as a way of describing regional disparity in Bangladesh has emerged in the policy discourse only in the 2000s. The administrative divisions belonging to the western part of...

by | On 08 Oct 2015

South Asian Diaspora: A Changing Landscape

This paper is an attempt to expand the debate on the impact that the South Asian Diaspora groups are having on the countries of their origin. It goes beyond the discussion of the quantum and structure...

by | On 08 Oct 2015

The State of Food Insecurity in the World Meeting the 2015 International Hunger Targets: Taking Stock of Uneven Progress

This year’s annual State of Food Insecurity in the World report takes stock of progress made towards achieving the internationally established hunger targets and reflects on what needs to be done, as...

by Food and Agriculture Organization | On 07 Oct 2015

Demographic Transition, Savings, and Economic Growth in China and India

This paper examines the impact of changing population age structure on economic growth in China and India. The paper present various theoretical perspectives and supporting evidence to emphasis the si...

by William Joe | On 06 Oct 2015

Strategies for Safe Motherhood in Tamil Nadu: A Note

While most states in India are grappling with the problem of high MMR, states such as Tamil Nadu have managed to reduce MMR levels to 79 deaths per 100,000 live births (SRS 2011–13). This review also...

by William Joe | On 06 Oct 2015

Now for the Reality Play

What the government needs to do, perhaps, is to spell out an action agenda for the next four months, in the run-up to the 2016 Budget.

by T.N. Ninan | On 02 Oct 2015

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

India Needs Rapid Manufacturing-LED Growth

The paper discusses India’s rapid services-led growth has always seemed rather fortuitous and unsustainable. For, both historical experience and economic reasoning lead us to expect growth at India’s...

by | On 01 Oct 2015

User Perceptions of Shared Sanitation among Rural Households in Indonesia and Bangladesh

The practice of sharing sanitation facilities does not meet the current World Health Organization/UNICEF definition for what is considered improved sanitation. Recommendations have been made to catego...

by | On 30 Sep 2015

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

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

by Indrani Gupta | On 30 Sep 2015

Transforming our World: the 2030 Agenda for Sustainable Development

This Agenda is a plan of action for people, planet and prosperity. It also seeks to strengthen universal peace in larger freedom. It recognises that eradicating poverty in all its forms and dimensions...

by United Nations UN | On 28 Sep 2015

Surviving in Bihar

Can election change the condition of Bihar? At least improving the transport facilities....

by T.N. Ninan | On 26 Sep 2015

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

Technology, Development and the Role of the State

South Asian countries like India and Pakistan had in the beginning placed the State at the “commanding heights of the economy”. Later, the State was justifiably displaced from that high pedestal. Howe...

by | On 24 Sep 2015

The Troubled Democracy of Bangladesh: ‘Muddling Through’ or ‘a Political Settlement’?

Is democracy in Bangladesh on a reverse course? Is there a culture of intolerance being engendered by deliberate design? Will creeping extremisms create an inevitable schism within the nation? The pap...

by | On 23 Sep 2015

Skills Development in India: Prospects of Partnership with Singapore and Japan

Much has been said about the opportunities for economic and employment growth arising from India’s demographic dividend, with Modi’s “Make In India” programme taking centre stage in the discussion. Ho...

by Rahul Advani | On 23 Sep 2015

Manufacturing or Services? An Indian Illustration of a Development Dilemma

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

by Amrit Amirapu | On 23 Sep 2015

The Nexus between Agriculture and Nutrition: Do Growth Patterns and Conditional Factors Matter?

This paper seeks to provide an overview of the complex and dynamic relationship between nutrition and growth, examine how different growth patterns lead to different nutritional outcomes, and identif...

by | On 22 Sep 2015

Unemployment in an Era of Jobless Growth

This paper focuses on the nature and characteristics of unemployment using the five-yearly surveys of the NSSO. The dominant narrative in the literature has been that the rate of unemployment, whichev...

by | On 18 Sep 2015

The Global Innovation Index 2015: Effective Innovation Policies for Development

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

by | On 18 Sep 2015

Economic Growth and Employment Linkages: The Indian Experience

Conventional growth models incorporate capital but not labour as the determining variable. An alternative way to look at growth is to treat it a function of growth of employment and productivity: grow...

by | On 18 Sep 2015

Growth and Structure of the Services Sector in India

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

by | On 18 Sep 2015

Social Protection, Growth and Employment: Evidence from India, Kenya, Malawi, Mexico and Tajikistan

The paper addresses the issue of growth and development by looking at evidence from six country case studies to assess how to enhance the employment impact of social protection programmes by improving...

by United Nations Development Programme UNDP | On 16 Sep 2015

Addressing the Employment Challenge: India's MGNREGA

This paper examines, in particular, the effects of the National Rural Employment Guarantee Scheme (NREGS) programme on employment, wages and incomes of the rural poor. It also considers its effect on...

by | On 14 Sep 2015

Are the World’s Poorest Being Left Behind? Reconciling Conflicting Views on Poverty and Growth

Traditional assessments of progress against poverty put no explicit weight on increasing the standard of living of the poorest—raising the consumption floor. Yet this is often emphasized by policy mak...

by Martin Ravallion | On 14 Sep 2015

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

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

by Brijesh C. Purohit | On 14 Sep 2015

The Inclusive Growth and Development Report 2015

The World Economic Forum releases the first edition of "The Inclusive Growth and Development Report" in the WEF forum in Dalian. Around the world, no bigger policy challenge preoccupies political lea...

by | On 10 Sep 2015

Global Nutrition Report: Actions and Accountability to Accelerate the World’s Progress on Nutrition

This report highlights the global nature of malnutrition and the successes and bottlenecks in addressing it. Malnutrition continues to affect the lives of millions of children and women worldwide. Eve...

by International Food Policy Research Institute | On 08 Sep 2015

How Inclusive has Growth been in India during 1993/94-2009/10? Implications for XII Plan Strategy

India’s Eleventh (2007-2011/12) and the Twelfth Five-Year Plans (2012/13-2017/18) have emerged as being distinct from the earlier Five-Year Plans in so far as these Plans had the goal of inclusiveness...

by | On 08 Sep 2015

Pirates and Slaves: How Overfishing in Thailand Fuels Human Trafficking and the Plundering of Our Oceans

The report calls for overfishing, pirate fishing and modern-day slavery in the Thai fishing industry to be addressed as interconnected issues. It examines the complex and multi-faceted problems in Tha...

by Environmental Justice Foundation (EJF) | On 08 Sep 2015

Implementation of the Minimum Wages Act, 1948 - Case Study of India

This paper takes a look at the efforts made by the Government of India since the enactment of the Act to improve the relevance of minimum wages, its impact in bringing the workers out of the poverty l...

by | On 07 Sep 2015

Interrelation Between Growth and Inequality

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

by Jong Woo Kang | On 07 Sep 2015

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

Income Inequality, Poverty and Labor Migration in Thailand

This paper explores the dynamics of economic growth, poverty, inequality and migration in Thailand, and evaluates the relevance of Lewis model to Thailand’s long-term development. Thai economy seems t...

by Somchai Jitsuchon | On 03 Sep 2015

Issues in Employment and Poverty

The paper analyses the nexus between growth, employment and poverty and points out situations where high economic growth may fail to bring about a commensurate rate of poverty reduction if simultaneo...

by | On 02 Sep 2015

Gender Dimensions of Agricultural and Rural Employment: Differentiated Pathways out of Poverty

This paper examines the links between gender equality and rural employment for poverty reduction by constructing a gender analytical framework to interpret differentiated patterns and conditions of wo...

by Food and Agriculture Organization of the UN UN | On 02 Sep 2015

Employment and Wages in Indian Manufacturing: Post-Reform Performance

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

by | On 27 Aug 2015

Global Wage Report 2014/15: Wages and Income Inequality

The Global Wage Report 2014/15 presents both the latest trends in average wages and an analysis of the role of wages in income inequality. The first part of the report shows that global wage growth in...

by International Labour Organisation ILO | On 26 Aug 2015

Employment and Inequality Outcomes in India

The report takes into account present scenario of urban poverty in India. Incidence of urban poverty can be attributed to lack of development as also to the nature and pattern of development. Importa...

by | On 25 Aug 2015

Strong Sustainable Growth for the Indian Economy

How is the RBI helping the government to create the conditions for a sustainable growth? Structural reforms will help strengthen this growth – two weeks ago, the Government announced Indradhanush, la...

by Raghuram G. Rajan | On 25 Aug 2015

Globalisation, Growth and Employment in the Organised Sector of the Indian Economy

One of the most important forces that have shaped India’s economy in the last two and a half decades is the process of globalization. This has been a world-wide phenomenon, and India could not have re...

by B.N. Goldar | On 24 Aug 2015

The Challenge of Jobless Growth in Developing Countries: An Analysis with Cross-Country Data

Although high rate of economic growth is necessary condition for rapid poverty reduction on a sustained basis, this is not a sufficient condition, and the relationship between economic growth and pove...

by Rizwanul Islam | On 21 Aug 2015

Addressing Long-term Challenges to Food Security and Rural Livelihoods in South Asia

Notwithstanding its impressive economic growth, food insecurity in South Asia continues to be a stark reality for a large number of households. Despite several successful policy interventions by Gover...

by K. S. Kavi Kumar | On 19 Aug 2015

Social and Cultural Development in the Development Triangle (CLV) and the Role of ASEAN in This Area

In a period not longer than 10 years (2002 – to present), 13 provinces at the common border of Cambodia-Laos-Vietnam (CLV Development Triangle) have cooperated for common development and achieved a lo...

by Hoang Thi My Nhi | On 19 Aug 2015

The Review and Evaluation of Industrial Policy Especially SMEs Development of CLMV Countries

The development of small and medium enterprises (SMEs) are a vital role of the Republic of the Union of Myanmar, because it contributes more than 90 % of country’s GDP and it can be found out both in...

by Nang Saw Nandar Hlaing | On 19 Aug 2015

Impact of Climate Change on Agricultural Growth in Nepal

The concern of climate change have emphasized in the field of economics too owing to the challenge of adapting to global warming for sustainable development and growth. This challenge becomes central...

by | On 17 Aug 2015

Impact of Bank Credit on Economic Growth in Nepal

This study examines the impact of commercial bank credit to the private sector on the economic growth in Nepal from supply side perspectives. The study has applied Johansen co-integration approach and...

by | On 17 Aug 2015

Structural Changes in a Small and Open Economy: Evidences from Nepal

This paper reviews existing structural transformation models and prominent literatures and then empirically examines Nepalese economic structure. The research findings reveal that industrial sector is...

by | On 17 Aug 2015

Report of the Steering Committee on Rapid Poverty Reduction and Local Area Development (2007-2012)

This report of the steering committee on rapid poverty reduction and local area development for the Eleventh Five Year Plan (2007-2012). The first section attempts to examine the data on the poor, the...

by Planning Commission, India | On 14 Aug 2015

Entrepreneurship: A Way out for Unemployed Youth in India

Young people are major human resource for development and driving force for economic development. Global youth unemployment rate is projected at 12.6 per cent. India, ranks 7th in unemployment percent...

by Sarita Sanwal | On 13 Aug 2015

Skills Development for Youth in India: Challenges and Opportunities

This paper reviews the current state of education, skills development, and employment for Indian youth, and considers the challenges facing India’s skills development system. Drawing from the experien...

by Aya Okada | On 13 Aug 2015

Urban India 2011: Evidence

India’s urban transition has the potential to shift the country’s social, environmental, political and economic trajectory. Urbanisation will interact with the country’s ongoing demographic evolution...

by Indian Institute for Human Settlements | On 12 Aug 2015

Economic Growth, Financial Development and Income Inequality

The central objective of the paper is to empirically examine the relationship between financial development and income inequality. Theoretically, there are grounds for both a positive and negative re...

by Donghyun Park | On 12 Aug 2015

In Search of Economic Alternatives for Gender and Social Justice: Voices from India

How can we shape an alternative economic and gender just development? This document from Heinrich Böll Foundationand WIDE is a collection of Indian voices in the form of short essays on economic alter...

by | On 11 Aug 2015

Equilibrium Exchange Rate Estimation for Taka – A Co integration Analysis

This paper is an attempt to know the equilibrium exchange rate of Taka to measure exchange rate misalignment. To estimate the equilibrium real exchange rate we use macroeconomic balance approach, wh...

by Md. Akhtaruzzaman | On 11 Aug 2015

Initiatives and Achievements of the Department of Commerce, 2014 - 15

IMF in its World Economic Outlook (WEO) released in April 2015 has projected global growth for 2015 and 2016 to be at 3.5% and 3.8% respectively, a 0.1% increase for 2016 projection from the January 2...

by Ministry of Commerce and Industry Government of India | On 10 Aug 2015

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

The Role of Technical and Vocational Education in the National Development of Bangladesh

Education is a basic human right and considered by many as a key tool for national development. However, this tenet has been challenged by several economists, especially Pritchett (1996). His empirica...

by Gazi Mahabubul Alam | On 03 Aug 2015

The Environments of the Poor in South Asia: Simultaneously Reducing Poverty, Protecting the Environment, and Adapting to Climate Change

Poverty and environmental factors are interlinked and hold crucial importance for economic development. The poor depend so much on their natural resource base and primary production sources that the d...

by | On 30 Jul 2015

India Labour and Employment Report 2014

This report provides an overview of the labour market and employment outcomes that the Indian economy has delivered as it globalized. It concludes that structural changes are slow and difficult, and t...

by | 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

The Cost of "Coupling": The Global Crisis and the Indian Economy

This paper argues that the presumption that the Indian economy was on a robust growth trajectory decoupled in important ways from the international system is questionable. Rather, the recent boom was...

by C.P. Chandrasekhar | On 29 Jun 2015

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

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

by Yilmaz Akyuz | On 29 Jun 2015

Emerging Pattern of Urbanization and the Contribution of Migration to Urban Growth in India

As India has embarked upon economic reforms during the 1990s, published data from the 2001 Census provides an opportunity to study the country's urbanization process with reference to regional inequal...

by R. B. Bhagat | On 23 Jun 2015

Does Higher Economic Growth Reduce Poverty and Increase Inequality? Evidence from Urban India

This paper calculates select urban inequality and poverty indices and finds out their policy linkages. In addition, the determinants of urban poverty and inequality are estimated by using data of 52 l...

by | On 22 Jun 2015

Mid-Year Review of the Indian Economy 2014-15

This economic outlook by NCAER, analyses expected growth, inflation, balance of payments, fiscal balances, savings and investment trends, and covers the state of important sectors of the economy, inc...

by National Council of Applied Economic Research | On 15 Jun 2015

Policy Note 2014–2015 on Labour and Employment Department of Tamil Nadu Government

The labour policy of the Government seeks the overall growth and development of the industry and the individual worker who equally contributes to the success of the industry. Labour management relatio...

by | On 12 Jun 2015

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

This policy note emphasis on the growth and development of industries. The note aims to give an impetus to industrial development and to create an Industry - friendly environment to enable the State t...

by | On 12 Jun 2015

Policy Note 2014–2015 on Adi Dravidar and Tribal Welfare Department of Tamil Nadu Government

The prime objective of this Government is accelerated growth and sustainable development of Adi Dravidar and Tribal population in Tamil Nadu. It also aims to ensure socio-economic and educational deve...

by | On 10 Jun 2015

Inter-State Disparities in Economic Growth in India: Some Policy Implications for Laggard States

Faster economic growth of some of the backward states like Bihar, Uttarakhand and Chhattisgarh in the post 2004-05 compels us to think if it is any indicative of convergence among states of India. How...

by Anjali Masarguppi | On 10 Jun 2015

Five Growth Strategies for Myanmar: Re-engagement with the Global Economy

After decades of isolation, Myanmar is now actively re-engaging with the global economy. For successful re-engagement, Myanmar needs to implement comprehensive economic reforms based on a shared visio...

by So Umezaki | On 10 Jun 2015

Water for Food Security and Nutrition

This report is a report by the High Level Panel of Experts on Food Security and Nutrition of the Committee on World Food Security. Water is key to food security and nutrition. However there are many c...

by Food and Nutrition Division FAO | On 10 Jun 2015

Smart Urban Mobility: Road Less Travelled

The study attempts to analyse congestion problem with emphasis on having a policy incorporating realistic solution for having affordable, accessible, reliable and acceptable mobility. It has been fou...

by Tarun Mittal | On 09 Jun 2015

Scaling the Heights: Social Inclusion and Sustainable Development in Himachal Pradesh

This report peels through to many of the underlying drivers of Himachal Pradesh’s social inclusion. The paper tells us that commitment of the state and progressive policies are important, and that the...

by | On 08 Jun 2015

Women and Work in South Asia: Changes and Challenges

This paper examines a number of questions that have a bearing on women’s employment in South Asia. The characteristic features of the region such as the predominantly rural, agrarian economy; patriarc...

by | On 04 Jun 2015

Flawed Urban Development Policies in Pakistan

History and civilisation move in cities. All major scientific, social, political, economic and technological innovations have happened in human agglomerations known as cities. Great civilisations and...

by | On 04 Jun 2015

Analysis of Trends in India’s Agricultural Growth

The present study discusses the trends and patterns in agricultural growth at the national and sub-national levels in India. Data on important variables like area, production, input use and value of o...

by Elumalai Kannan | On 04 Jun 2015

Fourteenth Finance Commission: Continuity, Change and Way Forward

In preparation of its report, the Fourteenth Finance Commission was guided by the terms of reference; the approach of the previous finance commissions; the prevailing macroeconomic situation in the co...

by | On 03 Jun 2015

Report of the Working Group on Labour Laws and other Regulations for the Twelfth Five Year Plan (2012-17)

The Working Group aims to deliberate on the existing labour laws and the need for review of these laws in order to protect the interest of workers more effectively while at the same time promoting gro...

by Ministry of Labour and Employment GoI | On 26 May 2015

Crop Husbandry, Agricultural Inputs, Demand and Supply Projections and Agricultural Statistics for the Twelfth Five Year Plan

Eleventh Five Year Plan has focused on a model that encompass 4 per cent growth in agriculture. This was considered vital not only for improving food and nutrient security, but also for inclusive grow...

by Planning Commission | On 22 May 2015

Report of Sub-Group IV on Forestry Institutional and Technology Management

Working Group on Forestry and Sustainable Natural Resource Management has the mandate to identify thrust areas for an enabling environment for forestry sector and to make recommendations for policy in...

by | On 22 May 2015

Trial Balance: Private Sector Financing for Road Projects in India

India has developed and tested various mechanisms and processes for more effective public-private partnerships in the roads sector, with the goal of achieving an optimal balance of value-for-money and...

by Asian Development Bank Institute | On 22 May 2015

Report of the Working Group on Outreach of Institutional Finance, Cooperatives and Risk Management for the 12th Five Year Plan (2012-17)

The working group is of the opinion that the credit strategy should be aligned to agriculture growth strategy which in turn has to address broader macro economy concerns of supply management and issu...

by Planning Commission | On 21 May 2015

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

Promoting Human Development in India: Costs of Inequality

Policy emphasis in Indian economic development planning has always been on ‘economic growth with income redistribution’. Such a strategy seeks to exploit the potential of development programmes for po...

by Suryanarayana M H | On 11 May 2015

Understanding Poverty in India

Inclusive growth needs to be achieved to reduce poverty and other disparities and raise economic growth. This book develops a poverty profile for India in view of the ongoing national and global effor...

by Asian Development Bank Institute | On 08 May 2015

Potential and Prospects for Philanthropy in Implementing Post-2015 Development Goals

This paper outlines the changing profile of philanthropists and developments in philanthropic practice, and suggests how philanthropy can be harnessed for sustainable development beyond 2015. Along...

by Environmental Management & Policy Research Institute | On 07 May 2015

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

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

by World Bank | On 27 Apr 2015

World Happiness Report 2015

The World Happiness Report is a landmark survey of the state of global happiness. The first report was published in 2012, the second in 2013, and the third on April 23, 2015. Leading experts across fi...

by Jeffrey D. Sachs | On 27 Apr 2015

Growing through Cities in Developing Countries

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

by | On 24 Apr 2015

Population Matters for Sustainable Development

This report provides key messages on the relationship between population dynamics and sustainable development. It was prepared in the lead-up to Rio+20, the United Nations Conference on Sustainable De...

by United Nations Population Fund UNFPA | On 21 Apr 2015

Economic Policy Reforms in South Asia: An Overview and the Remaining Agenda

In the past few years, the pace of economic growth in South Asia has slowed considerably for two reasons: unfavourable global economic environment and the slowing pace of economic reforms that once we...

by | On 20 Apr 2015

Towards a Water and Food Secure Future

The aim of this paper is to provide policy-makers with a helpful overview of the technical and economic aspects of water use in agriculture, with particular emphasis on crop and livestock production....

by Food and Agriculture Organization of the UN UN | On 15 Apr 2015

Regulatory Framework for Over-the-top (OTT) services

The objective of this Consultation Paper (CP) is to analyse the implications of the growth of OTTs and consider whether or not changes are required in the current regulatory framework. To understand...

by Telecom Regulatory Authority of India (TRAI) | On 13 Apr 2015

The State of Food Insecurity in the World Economic Growth is Necessary but not Sufcient to Accelerate Reduction of Hunger and Malnutrition

This report provides evidence that poor, hungry and malnourished people use some of their additional income either to produce or purchase more food, aiming to increase their dietary energy intake and...

by Food and Agriculture Organization of the UN UN | On 09 Apr 2015

Are Current Tax and Spending Regimes Sustainable in Developing Asia?

This study projects government spending on education, health care, and social protection in developing Asia up to 2050 as a result of demographic changes and economic growth.

by Sang-Hyop Lee | On 06 Apr 2015

State Effectiveness, Growth, and Development

This paper discusses recent developments in the literature on state effectiveness. Each section covers the relevant theory with a special focus on the current knowledge about the mechanisms highlighte...

by | 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

Water for a Sustainable World

The 2015 World Water Development Report sets both an aspirational and a realistic vision for the future of water towards 2050. This report comes at a critical moment, when freshwater resources face ri...

by UNESCO UNESCO | On 27 Mar 2015

The People’s Republic of China's Potential Growth Rate: The Long-Run Constraints

In this paper People’s Republic of China’s (PRC’s) potential growth rate during the last 30 years is analysed. The PRC’s potential growth rate is not demand constrained, in particular by the balance...

by Juzhong Zhuang | On 27 Mar 2015

An Innovative and Sustainable Growth Path for China: A Critical Decade

President Xi has remarked that China’s current model of economic development is “unbalanced, uncoordinated and unsustainable”1 and China’s leadership has signalled its intention to “accelerate the...

by | On 25 Mar 2015

Mapping Bangladesh’s Political Crisis

On 5 January, the first anniversary of the deeply contested 2014 elections, the most violent in Bangladesh’s history, clashes between government and opposition groups led to several deaths and scores...

by International Crisis Group | On 24 Mar 2015

Promoting Innovation in MSMEs through Public-Private Partnership

There is a growing realization that a strong and vibrant MSME sector characterized by high growth and continual innovation of products and processes can provide a strong foundation to economic and soc...

by Wadhwani Foundation | On 23 Mar 2015

Two Approaches to the Dynamics of Employment and Economic Growth in India

One of the most salient features of India’s labour market in the last two decades has been its relatively weak performance in terms of employment generation. The labour market experience of low and de...

by | On 23 Mar 2015

Pakistan’s Water Crisis

‘One of the most water-stressed countries in the world, not far from being classified as water scarce’, Pakistan faces an existential threat- one that could potentially hobble its already modest econo...

by | On 20 Mar 2015

Women’s Education, Family Planning, or Both? Application of Multistate Demographic Projections in India

Is education the best contraceptive? Using the multistate human capital projection model, the authors' analysis shows that the projected changes in India population vary depending on investments in ed...

by | On 19 Mar 2015

Inter-Regional Disparities in Industrial Growth and Structure

The present study examines the issues and propositions outlined above by analyzing the growth and structure of manufacturing industry in different states of India, in a comparative framework. It attem...

by T.S. Papola | On 19 Mar 2015

Structural Changes in India’s Foreign Trade

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

by | On 18 Mar 2015

India: Development Effectiveness Brief

The publication captures the core of ADB's operations in India and showcases select ADB interventions that are helping the government achieve its development goals. ADB supports the Government of I...

by Asian Development Bank Institute | On 17 Mar 2015

Democracy, Development and the Executive Presidency in Sri Lanka

This paper examines the developmental causes and consequences of the shift from a parliamentary to a semi-presidential system in Sri Lanka in 1978, examining its provenance, rationale, and its unfoldi...

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

Budget for the Rich to get Richer and throw Crumbs to the Poor

A substantial part of the 2015 Budget Statement is interspersed with the promise that ‘every rupee of public expenditure…will contribute to the betterment of people’s lives through job creation, pover...

by Gautam Mody | On 03 Mar 2015

Working Group Report for XII PLAN - Railway Sector

Planning Commission’s Approach Paper to the Twelfth Plan lays down the objective for the Twelfth Plan as faster, more inclusive and sustainable growth. Unsettled global economy, volatile commodity pri...

by Planning Commission | On 24 Feb 2015

Key Features of Budget 2014-15

This document highlights the key features of Budget 2014-15. It also shows the current economic situations and challenges that India is facing

by Government of India GOI | On 16 Feb 2015

A New Banking Landscape for New India

There are many contours that would define the Indian banking sector in the coming days. It would be important for the banks to keep track of emerging trends and be prepared not only to negotiate thro...

by S.S. Mundra | On 12 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

Addressing Inequality in Southeast Asia through Regional Economic Integration

The paper mainly discusses the issues and policies relating to inequality in Southeast Asia. Policies to reduce inequality include more efficient fiscal policies, improve infrastructure and generating...

by Josef Yap | On 29 Jan 2015

Governance and Domestic Politics in Indonesia: Contemporary Challenges & Achievements

Indonesia until recently, was the product of two dictatorships, the last of which ended only in 1998. This extended dose of dictatorship in Indonesia has lead to a failure of institutional growt...

by Navrekha Sharma | On 28 Jan 2015

Surge in Solar-Powered Homes: Experience in Off-Grid Rural Bangladesh

The studies broad aim is to access the welfare impact of solar home systems (SHS) on households and to evaluate the present institutional structure and financing mechanisms. Also it accesses the direc...

by Shahidur R. Khandker | On 27 Jan 2015

The Productivity of Agricultural Credit in India

This study examines the nature of the relationship between formal agricultural credit and agricultural GDP in India, specifically the role of the former in supporting agricultural growth, using state...

by Sudha Narayanan | On 23 Jan 2015

The Mechanism of Long-Term Growth in India

This paper aim to provide an account of growth in India based on its internal dynamics. This helps to place the relative roles of policy, shocks, and internal dynamics. The paper leads us to conclude...

by Pulapre Balakrishnan | On 21 Jan 2015

The Economic Development and Economic Rights Progression of Vietnam

Since the end of the Vietnam War in 1975, Vietnam has undergone monumental economic changes. Although, like any country, Vietnam still has a lot of room to grow and improve, overall Vietnam is an econ...

by | On 21 Jan 2015

The Minimum Wage and the Great Recession: Evidence of Effects on the Employment and Income Trajectories of Low-Skilled Workers

The paper estimates the minimum wage's effects on low-skilled workers' employment and income trajectories. The increased binding minimum wage had significant, negative effects on the employment and in...

by Jeffrey Clemens | On 19 Jan 2015

Women in Business and Management: Gaining Momentum

Gender balance is increasingly seen as good for business. The growing participation of women in the labour market has been a major engine of global growth and competitiveness. And a growing number o...

by International Labour Organisation ILO | On 16 Jan 2015

Creating Jobs in India’s Organised Manufacturing Sector

This paper attempts to study the factors holding back the growth of output and employment in this manufacturing sector. The creation of a large number of industrial jobs made possible by the rapid gro...

by Radhicka Kapoor | On 15 Jan 2015

Global Economic Prospects

The report argues the recent setback in global economy and ways to strengthen the growth in developing countries. with a view to undertake growth and recovery in high-income countries, there is need t...

by World Bank | On 14 Jan 2015

The Effect of China's One-Child Family Policy after 25 Years

China's one-child family policy has had a great effect on the lives of nearly a quarter of the world's population for a quarter of a century. When the policy was introduced in 1979, the Chinese govern...

by | On 13 Jan 2015

An Analysis of the Informal Labour Market in India

The Indian labour market is characterised by predominance of informal employment with more than 90 per cent of India’s informal workforce working as self-employed and casual workers. The worrying tre...

by A Srija | On 22 Dec 2014

Agrarian Poverty, Nutrition and Economic Class – A Study of Gujarat, India

This paper analyses poverty and calorific undernourishment in the Indian state of Gujarat, where high and market-led industrial growth has resulted in rapid economic improvement. The study is carried...

by Mely Caballero Anthony | On 21 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

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

Socioeconomic Inequalities in Childhood Undernutrition in India

India experienced a rapid economic boom between 1991 and 2007. However, this economic growth has not translated into improved nutritional status among young Indian children. Additionally, no study has...

by Malavika A. Subramanyam | On 31 Oct 2014

The Myth of Tough Labour Laws

In the post-reform period no opportunity has been missed out by the employers, the critics of labour regulation and the government in describing the labour laws in denouncing manner, viz. archaic, num...

by K.R. Shyam Sundar | On 28 Oct 2014

Corporate Sustainability a Panacea for Growth: Values, Convictions and Acrions

Can corporate sustainability aid growth, create value and actions on environmental protection? The answer can be positive. But at the same time, level of development of the country, poverty etc. also...

by G Padmanabhan | On 27 Oct 2014

Creating Jobs in India’s Organised Manufacturing Sector

Despite witnessing a decade of rapid economic growth, an acceleration of growth in the organised manufacturing sector has eluded India. Using data from the Annual Survey of Industries, the factors hol...

by Radhicka Kapoor | On 27 Oct 2014

The Evolution of Institutions in India and its Relationship with Economic Growth

The tepid-to-torrid transformation in India’s economic growth since the early 1980s is one of the big stories of recent times. Whereas “Midnight’s children” saw their standard of living double ove...

by Arvind Subramanian | On 22 Oct 2014

Four Facts on India’s Growth in the 2000's

This paper marks the first attempt at examining the growth performance across Indian states for the 2000s, a period also marked by the global financial crisis. Four key finding emerge from the paper...

by Arvind Subramanian | On 21 Oct 2014

From “Hindu Growth” to Productivity Surge: The Mystery of the Indian Growth Transition

Most conventional accounts of India’s recent economic performance associate the pick-up in economic growth with the liberalisation of 1991. This paper demonstrates that the transition to high growth o...

by Dani Rodrik | On 21 Oct 2014

Aid, Dutch Disease, and Manufacturing Growth

The authors examine the effects of aid on the growth of manufacturing using a methodology that exploits the variation within countries and across manufacturing sectors and that corrects for possible r...

by Raghuram G. Rajan | On 20 Oct 2014

What Undermines Aid’s Impact on Growth?

Why it is so hard to find a robust effect of aid on the long-term growth of poor countries, even those with good policies. A possible offset to the beneficial effects of aid is examined using a meth...

by Raghuram G. Rajan | On 20 Oct 2014

Infrastructure Challenges in India: The Role of Public-Private Partnerships

Inadequate infrastructure was recognized in the Eleventh Plan as a major constraint for rapid growth. The Plan had, therefore, emphasized on the need for massive expansion on investment in infrastruct...

by Geethanjali Nataraj | 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

Innovative Asia: Advancing the Knowledge-Based Economy

This report presents the case studies of the People’s Republic of China, India, Indonesia and Kazakhstan in their knowledge-based economy approaches. It identifies a range of policies and initiatives...

by Jonathan Chen | On 25 Sep 2014

Deforestation in the Himalayas: Myths and Reality

Deforestation in developing and middle income countries is an urgent global problem, affecting climate change, soil erosion, major river basins, and livelihoods of poor households living near the fore...

by Jean Marie Baland | On 24 Sep 2014

Political Economy of Transition from Manmohanomics to Modinomics

The inaugural budget of the NDA led government has been a cause of some surprise and disappointment amongst those who were eagerly expecting a new radical dose of neo-liberal reforms. It appeared that...

by Surajit Mazumdar | On 22 Sep 2014

State of Literacy among Adolescents and Youth Population

Gives an overall view about the literacy rates of youth and adolescents in India.

by A.K. Samal | On 06 Sep 2014

Spatial Convergence and Growth in Indian Agriculture: 1967-2010

Inter-state diversity has been a perennial feature of Indian agriculture. The study probes if per capita income in Indian agriculture has converged across states in the last four and a half decades. I...

by Tirtha Chaterjee | On 06 Sep 2014

Reframing the Climate Debate

There is perhaps only one broad certainty in the contemporary debate on climate change: not only does climate change affect different nations and communities differently, but the responses of individu...

by Vivan Sharan | On 02 Sep 2014

Economic Implications of Deeper South Asian–Southeast Asian Integration

South and Southeast Asian economic integration via increased trade flows has been increasing significantly over the past 2 decades, but the level of trade continues to be relatively low. This under pe...

by Ganeshan Wignaraja | On 22 Aug 2014

Foundations of Bangladesh’s Economic Development: Politics of Aid

Bangladesh today with a population of nearly 160 million faces myriad development challenges. But it is far from being the ‘basket case’ that Henry Kissinger once described it as. Despite its still be...

by Iftekhar Ahmed Chowdhury | On 22 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

Local Skill Concentrations and District Employment Growth: A Spatial Simultaneous Equation Approach for India

The focus of this paper is to explore the role of spatial distribution of skills in explaining differential growth rates of employment across Indian districts between the years 2001 and 2011 by using...

by Ishwarya Balasubramanian | On 19 Aug 2014

The Political Economy of MGNREGS Spending in Andhra Pradesh

Are ostensibly demand-driven public programs less susceptible to political clientelism even when private goods are allocated? This is examined using expenditure data at the local level from India’s N...

by Megan Sheahan | On 01 Aug 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

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

Growth and Structure of Workforce in India : An Analysis of Census 2011 Data

Census 2011 brings new dimension to ongoing debate on the decline in the growth of employment from the last two decade. The census 2011 result gives better picture when compared with NSSO estimation o...

by Suresh Veslawatha | On 23 May 2014

The Information and Communication Technology Sector in India: Performance, Growth and Key Challenges

The rapid emergence of the information and communication technology (ICT) sector has placed India on the global stage during the last one and a half decades. e sector has acted as a catalyst for growt...

by Organization of and Development | On 23 May 2014

The Indian Labour Market: An Overview

The present study analyses the labour market situation in India over the last two decades. Given the growth profile, which has been quite robust in recent years, one pertinent question is whether Indi...

by Arup Mitra | On 23 May 2014

The Employment Imperative: Report on the World Social Situation 2007

The report closely examines four areas of increasing concern that of particular importance when addressing the issue of employment: jobless growth, global informalisation of the labour market, economi...

by United Nations UN | On 16 May 2014

World Atlas of Gender Equality in Education

Gender equality is one of the six goals of the global Education for All campaign that UNESCO leads. This was launched in 2000, when the countries of the world agreed to “eliminate gender disparities i...

by Edward B. Fiske | On 12 May 2014

Psychology, Cyclicality or Social Programs: Rural Wage and Inflation Dynamics in India

The paper analyzes causes of movements in Indian wages for rural unskilled male laborers, and assesses their impact on inflation. Theoretical priors derived from an analytical framework based on the ...

by Ashima Goyal | On 10 Apr 2014

National Manufacturing Policy (2011)

The concern about the stagnant and low share of the manufacturing sector in India‘s GDP necessitated a dedicated policy for the sector with a view to accelerated development, inclusive growth and prov...

by Ministry of Commerce and Industry GOI | On 01 Apr 2014

Economic Growth, Health and Poverty: An Exploratory Study for India

This article analyses the possible links between economic growth, poverty and health, using panel data for the Indian states. The findings indicate that, though growth tends to reduce poverty, signifi...

by Indrani Gupta | On 04 Mar 2014

Middle-Income Trap: Economic Myth, Political Reality

While Asia continues to set pace as the world’s fastest growing region, some Asian middle-income countries (MICs) are showing signs of economic slowdown and face stiff competition from lower-cost econ...

by ASIA FOUNDATION | On 10 Feb 2014

The 'Poorest Might Catch up': Convergence vs. Pseudo-convergence

Public welfare policies in developing countries have a Rawlsian perspective; they seek to uplift the poor, the poorest of the poor in particular. Policies to enable the poor to catch up with the rich...

by Suryanarayana M H | On 05 Feb 2014

Structural Reforms and Agriculture: Issues and Policies

The performance of Agriculture in India is important as the sector not only contributes to overall growth of the economy but also provides employment and food security to majority of the population...

by S. Mahendra Dev | On 23 Jan 2014

Overcoming Child Malnutrition in Developing Countries: Past Achievements and Future Choices

"About 167 million children under five years of age —almost one-third of the developing world's children —are malnourished. If they survive childhood, many of these children will suffer from poorer co...

by Lisa C. Smith | On 22 Jan 2014

Financing Infrastructure in Bangladesh – Some Options

This paper seeks to outline the infrastructure needs of Bangladesh with respect to domestic sources of finance. While infrastructure encompasses energy, transportation, telecommunications, water and...

by Ishraq Ahmed | On 22 Jan 2014

Emerging Geopolitical Trends and Security in the Association of Southeast Asian Nations, the People’s Republic of China, and India (ACI) Region

The rapid economic growth in the region consisting of the Association of Southeast Asian Nations (ASEAN), the People’s Republic of China (PRC), and India has begun to change the strategic landscape of...

by C. Raja Mohan | On 21 Jan 2014

Maximizing Access to Energy

The Asian Development Bank (ADB) has supported increased access to energy through the most cost-effective method—by expanding the electricity grid. Yet in this second decade of the 21st century, when...

by Asian Development Bank Institute | On 20 Jan 2014

Growth and Redistribution: Is there 'Trickle Down' Effect in the Philippines?

The aim of this research is to explore the determinants of household income and expenditure growth, and assess whether the poor are benefitting from economic development. Using regression analysis,...

by Danileen Kristel C Parel | On 17 Jan 2014

Manual for Integrated District Planning: Report of the Task Force of the Planning Commission

This manual is a step by step guide to district planning which will assist planners at the local, district and State levels. District planning, by taking into account resources locally available, in...

by Planning Commission | On 07 Jan 2014

Providing Income Security for the Elderly

Despite high and long-lasting economic growth, inequalities are widening in most countries in Asia and the Pacific. Currently over 1.6 billion people in the region live on less than $2 per day, of whi...

by United Nations Economic and Social Commission (UNESCAP) | On 23 Dec 2013

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

Remoteness and Unbalanced Growth: Understanding Divergence Across Indian Districts

The existing literature on Indian growth finds no evidence of convergence across states. This represents a puzzle given the relatively free flows of capital, labor and commodities across state borde...

by Samarjit Das | On 27 Nov 2013

Delivering Environmentally Sustainable Economic Growth: The Case of China

China has achieved miraculous economic growth over the past 30 years to become the world’s second largest single-country economy. The economic boom is attributed to China’s market-oriented reforms, wh...

by Dr. Junjie Zhang | On 23 Oct 2013

Comparing Urbanization in India and China: A Study

China and India are in the vanguard of a wave of urban expansion that is restoring the global prominence that Asia enjoyed before the European and North American industrial revolution. Never before i...

by Richard Dobbs | On 15 Oct 2013

Human Development in India: Cost of Inequality

The article shows how it is possible to achieve economic growth and equitable income distribution using human development approach through empirical evidence from the state of Kerala.

by Ankush Agrawal | On 14 Oct 2013

Does Economic Growth Reduce Corruption? Theory and Evidence from Vietnam

Government corruption is more prevalent in poor countries than in rich countries. This paper uses cross-industry heterogeneity in growth rates within Vietnam to test empirically whether growth leads...

by Jie Bai | On 03 Oct 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

Hungama - Fighting Hunger and Malnutrition

Despite India’s remarkable economic growth over the last decade, many children still struggle to meet their most basic needs, including access to sufficient food and health c are. According to the 2 0...

by Hungama - Citizen's Alliance Against Malnutrition | On 30 Aug 2013

Basic Household Amenities in India: A Progress Report

The present paper makes an attempt to analyse the progress of India in three important ‘basic human needs’ essential for a human life. These are access to latrine facility, safe drinking water and ele...

by Udaya S. Mishra | On 01 Aug 2013

Infant and young child feeding

Undernutrition is associated with more than one third of the global disease burden for children under five. Infant and young child feeding is a key area to improve child survival and promote healthy g...

by World Health Organisation (WHO) | On 01 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

Nutritional Norms for Poverty: Issues and Implications

This study raises some relevant issues and examines them from an economic perspective. To begin with, it would examine how did the Indian approach, official in particular, to defining and measuring po...

by Suryanarayana M H | 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

Food Security Bill and Malnutrition in India

India’s high economic growth rate in the past decade has not been fully reflected in the health status of its people. According to the National Family Health Survey-3 (2005-06), 40% of children under...

by Dr. Devendra Kothari | On 02 Jul 2013

Agriculture’s Role in the Indian Enigma

In recent decades India has achieved one of the fastest economic growth rates in the world, yet its progress against both child and adult under-nutrition has been sluggish at best. While this Indian v...

by Derek Headey | On 12 Jun 2013

Four Years of Progress: Bangladesh Marches On-Budget Speech 2013-14

Supplementary Budget for the fiscal year 2012-13 and the Budget Estimates for the fiscal year 2013-14. [http://www.mof.gov.bd/en/budget/13_14/budget_speech/speech_en.pdf].

by Abul Maal Abdul Muhith | On 07 Jun 2013

Revisiting the Growth-Inflation Nexus: A Wavelet Analysis

Motivated by the concern that the recent surge in inflation could retard growth, the paper revisits the nexus between inflation and growth from the perspective of an emerging economy, India. Examining...

by Saumitra N Bhaduri | On 23 May 2013

Food Price Inflation in India: Causes and Cures

Inflation in general and food price inflation in particular has been a persistent problem in India over the past few years. Price stability is crucial for sustainable growth as persistent inflation...

by Pradeep Agrawal | On 16 Apr 2013

Submission of 1392 National Budget, Afghanistan

H.E Finance Minister’s Speech for Mishrano Jirga. [Ministry of Finance, Afghanistan]. URL:[http://mof.gov.af/Content/files/HE%20Minister%20Speech%20to%20Mishranow%20Jirga-%20English%20after%20review....

by Ministry of Finance Afghanistan | On 10 Apr 2013

Twelfth Five Year Plan (2012–2017): Faster, More Inclusive and Sustainable Growth

Twelfth Five Year Plan (2012-2017). [Planning Commission, GOI]. URL:[http://planningcommission.nic.in/plans/planrel/12thplan/pdf/vol_1.pdf].

by Planning Commission | On 10 Apr 2013

The 2013 Empowerment Budget: Philippines

The national budget is truly a potent tool for the economy to journey towards inclusive growth that would empower Filipinos through deliverance from backbreaking poverty. [Senate of the Philippines]....

by Senate Economic Planning Office SEPO | On 08 Apr 2013

Growth and Deprivation in India: What Does Recent Data Say?

The report investigate the relationship between growth and deprivation in India, an issue of immense interest. Given the continuing controversy in India over poverty lines, they used a framework that...

by Sripad Motiram | On 07 Mar 2013

Economic Survey 2012-13: A Comedy of Errors?

There is lack of clarity and concepts in the Economic Survey. The Survey has not covered many topics which it was expected to cover.

by Suryanarayana M H | On 02 Mar 2013

Budget Speech 2013-2014

Budget Speech by Chidambaram.

by P Chidambaram | On 28 Feb 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

Railway Budget Speech 2013-14

Speech of Sh. Pawan Kumar Bansal. URL:[http://www.indianrailways.gov.in/railwayboard/uploads/directorate/finance_budget/Budget_2013-14/English_Speech_2013-14.pdf].

by Sh. Pawan Kumar Bansal | On 26 Feb 2013

Odisha Budget 2013-14: Part II General

Budget speech presented by Prasanna Acharya. General Budget is presented.

by Government of Orissa | On 25 Feb 2013

Historical Sources of Institutional Trajectories in Economic Development: China, Japan, and Korea Compared

This essay provides a game-theoretic, endogenous view of institutions, and then applies the idea to identify the sources of institutional trajectories of economic development in China, Japan, and Kore...

by Masahiko Aoki | On 22 Feb 2013

Address by the President of India, Shri Pranab Mukherjee to Parliament

Reviving economic growth is the priority of the government. [http://presidentofindia.nic.in/sp210213.html].

by Pranab Mukherjee | On 22 Feb 2013

An Investigation into Changes in Nagaland's Population between 1971 and 2011

Nagaland’s population decreased during 2001–11 after growing at abnormally high rates during the past few decades. This is the first time since independence that a state in India has witnessed an ab...

by Ankush Agrawal | On 21 Feb 2013

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

Indian economy: Kal, Aaj aur Kal

Why has the economy landed in a trough of growth and high inflation and does not look like getting out of it in the year ahead?

by Sumita Kale | On 14 Feb 2013

Firewood Collections and Economic Growth in Rural Nepal 1995-2010: Evidence from a Household Panel

A longitudinal household survey from World Bank Living Standards Measurement Survey (LSMS) was used for the study. A relatively small (but representative) sample of households residing in the mountain...

by Jean-Marie Baland | On 28 Jan 2013

Economic Policies and Agricultural Incentives: The Philippine Case

The purpose of this paper is to analyze the impact of economic policies on Philippine agricultural incentives from 1960 up to 1992. Apart from economic policies affecting price incentives, cover publi...

by Cristina C. David | On 24 Jan 2013

Microfinance in Evolution: An Industry Between Crisis and Advancement

Following the international financial crisis that started in 2007, market growth and MFI performance started to deteriorate. Over the last decade the market has matured and become more efficient. Is...

by Cédric Lützenkirchen | On 14 Jan 2013

The Real Exchange Rate and Export Growth: Are Services Different?

The determinants of exports of services, distinguishing between modern and traditional services are considered. The growth of export volumes and so-called export surges – periods of rapid sustained...

by Barry Eichengreen | On 02 Jan 2013

Learning and Capability Acquisition: A Case Study of the Indian Automobile Industry

This study analyzes the impact of government policy regime on the learning and capability acquisition of firms over time. Through a case study analysis of the Indian automotive industry, the study d...

by Madhuri Saripalle | On 19 Nov 2012

Why was the Participation of Indian States in the Growth Turnaround so Patchy? Some Evidence Based on Robustness Analysis

In Ghate & Wright Journal of Development Economics, vol. 99 (2012) pp 58–67, it was noted that there was considerable variation in the extent to which different Indian states participated in the Gr...

by Chetan Ghate | On 02 Nov 2012

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

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

by Planning Commission | On 05 Oct 2012

Bihar: What went wrong? And what changed?

A historical narrative of Bihar is provided context to much of its current state, Focus is given on its contemporary economy in the past three decades to better understand the moribund state of its ec...

by Arnab Mukherji | On 28 Sep 2012

What Do Teachers Do? Teacher Quality Vis-a-vis Teacher Quantity in a Model of Public Education and Growth

This paper analyses the contribution of teachers in a public education system and its implication for growth. Focus is given exclusively on two teacher-specfi?c inputs (teacher quality and teacher q...

by Mausumi Das | On 21 Sep 2012

Costly Posturing: Relative Status, Ceremonies, and Early Child Development in China

A primary census-type panel household survey is show that in 18 villages in rural China, child health status has barely improved in the past decades despite more than double digit of annual per capita...

by Xi Chen | On 07 Sep 2012

The Challenge of Employment in India: An Informal Economy Perspective Volume I - Main Report

India is perhaps the first country to set up, at the national level, a commission to study the problems and challenges being faced by what in India is called the unorganized economy - or the informal...

by NCEUS NCEUS | On 05 Sep 2012

Economic and Financial Developments in Uttarakhand

A brief outline of the economic and financial structure of the State and the various financial inclusion initiatives taken by the Reserve Bank is highlighted. But there are some policy challenges in s...

by Deepak Mohanty | On 03 Sep 2012

Creating a Vibrant Entrepreneurial Ecosystem in India: Report of the Committee on Angel Investment and Early Stage Venture Capital

Even though the economic and social benefits of thriving entrepreneurship and innovation are evident, it is critical to recognize that these benefits will only accrue if the key gaps in the ecosystem...

by Planning Commission | On 31 Aug 2012

Revisiting the Devolution of ENR Functions

The devolution of environment and natural resource functions to local government units was a bold move in the history of environmental Management in the Philippines. However, the implementation of the...

by Senate Economic Planning Office SEPO | On 28 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

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

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

by Meta Zähres | On 23 Aug 2012

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

Under-Nutrition in Maharashtra: Is ICDS effective?

Malnutrition and under nutrition are critical issues in Maharashtra. In spite of being a high growth state in the country, it has occasionally remained in the news due to deaths caused by under nutrit...

by Manisha Karne | On 21 Aug 2012

Deriving India’s Potential Growth from Theory and Structure

Estimates suggest that Indian aggregate supply is elastic but subject to upward shocks. If supply shocks make a high persistent contribution to inflation, it implies second round pass through is occu...

by Ashima Goyal | On 16 Aug 2012

Issues in Development Studies in the 21st Century

Review of the book Challenges for Development in 21st Century by Ruby Ojha, B.R. Publications, 2011.

by Vibhuti Patel | On 14 Aug 2012

Constraints Faced by Industry in Punjab, Pakistan

What are the main impediments to investment and industrial productivity in Punjab which have contributed to this unprecedented decline in growth? This is done by analyzing the 2007 Investment Climate...

by Syed Turab Hussain | On 08 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

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

Three Gorges Dam: A Model of the Past

The Three Gorges Dam on the Yangtze River is the world’s largest and most controversial hydropower project. The 600 kilometer-long reservoir has displaced 1.3 million people and is wreaking havoc wi...

by International Rivers Network IRN | On 12 Jul 2012

Political Strongholds and Budget Allocation for Developmental Expenditure: Evidence from Indian States, 1971-2005

This paper examines the effects of political factors on allocation of revenue budget for developmental expenditure by the sub-national governments, using data from 15 major states in India during the...

by Arun Kaushik | On 10 Jul 2012

Nagaland's Demographic Somersault

This study examines the reliability of the Census of Nagaland between 1981 and 2011 by testing the internal consistency of Census population estimates. It also tries to validate the Census estimates...

by Ankush Agrawal | On 06 Jul 2012

Small Farmers in India: Challenges and Opportunities

This paper examines the roles and challenges of small holding agriculture in India. It covers trends in agricultural growth, cultivation patterns, participation of small holding agriculture, productiv...

by S. Mahendra Dev | On 06 Jul 2012

Inclusive National Accounts: Introduction

An outline of what would be ideally needed for a comprehensive set of national accounts is given. National governments and international agencies ought ideally to go even beyond green national accoun...

by Partha Dasgupta | On 22 Jun 2012

Human Capital, Economic Growth, and Inequality in China

The paper examines the Chinese Economy on the basis of four factors namely, human development, education, growth and inequality. [IZA DP No. 6550] URL: [http://ftp.iza.org/dp6550.pdf]

by James J Heckman | On 01 Jun 2012

Philippine Productivity Dynamics in the Last Five Decades and Determinants of Total Factor Productivity

The paper reviews the economic growth and productivity dynamics of Philippine economy in the past fifty years. The paper also provides an estimation of determinants of total factor productivity and la...

by Gilberto M Llanto | On 29 May 2012

Awake the Sleeper Within: Releasing the Energy of Stifled Domestic Commerce!

Policy in Pakistan has been fairly path-dependant, placing a higher weight on export promotion and domestic industrialisation development than on domestic commerce. Yet domestic commerce is growing...

by Nadeem Ul Haque | On 28 May 2012

Myths and Realities of Long-run Development: A Look at Deeper Determinants

This paper reviews the debate surrounding the “deeper determinants” of economic performance. It reviews the work of Institutional School and Geography School and their interpretation of the long-r...

by Lubna Hasan | On 24 May 2012

Agricultural Growth and Rural Incomes: Rural Performance Indicators and Consumption Patterns

The present paper is part of a larger study on agricultural growth and rural incomes in the Philippines. This study examines the farm-nonfarm linkages of agricultural growth and the mechanisms by w...

by Arsenio M. Balisacan | On 24 May 2012

Private Returns to Public Office

The wealth accumulation of Indian parliamentarians using public disclosures required of all candidates since 2003 are studied. Annual asset growth of winners is on average 3 to 6 percentage points hi...

by Raymond Fisman | On 18 May 2012

Narrowing the Gaps through Regional Cooperation Institutions and Governance Systems

Regional governance systems and national frameworks to address climate change and accelerate green growth in Asia are reviewed and tools to address climate change are outlined. Options for regional le...

by Heinrich-Wilhelm Wyes | On 11 May 2012

Behavior of Remittance Inflows and its Determinants in Bangladesh

The paper examines the determinants of remittance inflow by applying ordinary least square method (OLS). The model include the weighted average GDP of the six (Saudi Arabia (KSA), United Arab Emirat...

by Mst. Nurnaher Begum | On 24 Apr 2012

Urban Policies: Political Gimmicks?

Review of the book 'Re-visioning Indian Cities: The Urban Renewal Mission' by Christopher Manickam. Author of the book: K. C. Sivaramakrishnan, published by Sage, New Delhi.

by Christopher Manickam | On 23 Apr 2012

Philippine Economy: Sluggish in 2011, Bullish in 2012?

The Philippine domestic economy shrunk to 3.7 percent in 2011, after a growth of 7.6 per cent in 2010. Outlook for 2012 is relatively sanguine with the government hinging its optimism on robust ...

by Senate Economic Planning Office SEPO | On 20 Apr 2012

Development Trajectory, Emission Profile, and Policy Actions: Thailand

Thailand has made significant progresses toward green and low-carbon development; however, there is a need to further address the issue. The country has to focus on the implementation of no-regret pol...

by Qwanruedee Chotichanathawewong | On 16 Apr 2012

Gujarat Budget 2012-13

Budget Speech by Minister of Finance. [Government of Gujarat]. URL:[http://financedepartment.gujarat.gov.in/budget12_13_pdf/FM_Speech_English_Part_A_Final.pdf].

by Ministry of Finance Government of Gujarat | On 12 Apr 2012

Tenth Malaysia Plan: 2011-2015

SPEECH BY THE PRIME MINISTER DATO’ SRI MOHD. NAJIB BIN TUN ABDUL RAZAK INTRODUCING THE MOTION TO TABLE THE TENTH MALAYSIA PLAN. [Prime Minister's office Malaysia]. URL:[http://www.pmo.gov.my/?menu=...

by Prime Minister Malaysia | On 11 Apr 2012

The view, outside in

What India has to do to overcome the dents that India has suffered in its international image? India will have to play a delicate game of exercising autonomy in its pursuit of national objectives with...

by T.N. Ninan | On 10 Apr 2012

The Iban Population of Sarawak: 1947-2000

The paper gives an analysis and description of the quantity and quality of the Iban population of Sarawak. The information about the pattern and trends of change of the population over time is also sh...

by Lam Chee Kheung | On 09 Apr 2012

Do Middle Classes Bring Institutional Reforms?

The link between poverty, the middle class and institutional outcomes are analyzed using a newly developed cross-country panel dataset containing detailed information on the distribution of income a...

by Norman Loayza | On 09 Apr 2012

Jayati Ghosh on aid to India

Interviewed at the Guardian's Open Weekend festival, Indian economist Jayati Ghosh says aid from Britain benefits the UK more than it does India, and makes a negligible difference to relieving poverty...

by Jayati Ghosh | On 07 Apr 2012

Uses and Misuses of Statistics

Statistics is used in our day to day life. Examples are there to show that statistics is misused in many. This can happen when people are information illiterate. [Address at DST-CIMS, BHU on Mar 20, 2...

by Chakrabarty K C | On 27 Mar 2012

Budget Speech 2012-2013: India

Speech of Pranab Mukherjee Minister of Finance, India. [Budget Speech]. URL:[http://indiabudget.nic.in/ub2012-13/bs/bs.pdf].

by Pranab Mukherjee | On 16 Mar 2012

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

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

Federal Budget of Pakistan-2011-12

BUDGET SPEECH 2011-2012 by DR. ABDUL HAFEEZ SHAIKH, Minister for Finance, Revenue, Economic Affairs, Statistics and Planning & Development.

by Minister of Finance Pakistan | On 12 Mar 2012

Theft and Loss of Electricity in an Indian State

Utilizing data from the power corporation of Uttar Pradesh, India’s most populous state, the politics of electricity theft over a ten year period (2000–09) is studied. It is seen that electricity the...

by Miriam Golden | On 06 Mar 2012

On the Road: Access to Transportation Infrastructure and Economic Growth in China

This paper estimates the effect of access to transportation networks on regional economic outcomes in China over a twenty-period of rapid income growth. It addresses the problem of the endogenous pl...

by Abhijit Banerjee | On 02 Mar 2012

Presidential Election in South Korea and Inter-Korean Relations

The post-Kim Jong Il situation on the Korean Peninsula remains tense. This year will be a critical year for the peninsula. Will the new North Korean leadership be successfully stabilized or not? The...

by Sangsoo Lee | 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

Cultural Diversity, Geographical Isolation, and the Origin of the Wealth of Nations

This research argues that variations in the interplay between cultural assimilation and cultural diffusion have played a significant role in giving rise to differential patterns of economic developm...

by Quamrul Ashraf | On 16 Feb 2012

Economic Growth, Comparative Advantage, and Gender Differences in Schooling Outcomes: Evidence from the Birthweight Differences of Chinese Twins

Data from two surveys of twins in China are used to contribute to an improved understanding of the role of economic development in affecting gender differences in the trends in, levels of, and retur...

by Mark Rosenzweig | On 13 Feb 2012

Business and Growth Rate Cycles in India

This paper describes business and growth rate cycles with special reference to the Indian economy. It uses the classical NBER approach to determine the timing of recessions and expansions in the India...

by Pami Dua | On 10 Feb 2012

Causal Relationship between Saving, Investment and Economic Growth for India – What does the Relation Imply?

This study investigates the relationship between saving, investment and economic growth for India over the period 1950-51 to 2007-08. The literature on the role of saving in promoting economic growt...

by Ramesh Jangili | On 09 Feb 2012

Agriculture-Nutrition Linkages and Policies in India

This paper looks at some key entry points for agriculture to influence nutrition and suggests policies for nutrition-sensitive agricultural development, within the current policy framework. In additi...

by S.Mahendra Dev | On 07 Feb 2012

Foreign R&D Centres in India: An Analysis of their Size, Structure and Implications

The study measures the contribution of MNCs to the generation of innovations from India. The focus is on innovations that are carried out in foreign R&D Centres. After having mapped out the size of...

by Rakesh Basant | On 06 Feb 2012

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

More and Better Jobs in South Asia

This report investigates how more and better jobs can be created in South Asia. It does so for two reasons. First, this region will contribute nearly 40 percent of the growth in the world’s workin...

by Reema Nayar | On 30 Jan 2012

Third Quarter Review of Monetary Policy 2011-12

This policy review is set in the context of a highly uncertain global environment and a delicately poised domestic balance between growth and inflation. It should be read and understood together...

by Duvvuri Subbarao | On 25 Jan 2012

Engines of Development: How Cohesive?

Review ofEconomy, Democracy and the State: The Indian Experience, By Ramashray Roy, Sage Publications, New Delhi; 2009, Pages: viii + 247, Rs 650.

by Bhanoji Rao | On 22 Jan 2012

The HUNGaMA Survey Report – 2011

The HUNGaMA (Hunger and M alnutrition) S urvey conducted across 112 rural districts of India in 2011 provides r eliable estimates of c hild n utrition covering nearly 20% of Indian children. The H...

by HUNGaMa for Change HUNGaMa | On 12 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

Power, Profits and Inflation: A Study of Inflation and Influence in Pakistan

The analysis seeks to look at inflation as a political economic phenomenon, based on a framework devised by Jonathan Nitzan and christened differential accumulation. The theory of differential accumul...

by Syed Ozair Ali | On 05 Jan 2012

Foreign Direct Investment and Economic Growth in Pakistan: A Sectoral Analysis

This paper establishes an empirical relationship between industry -specific foreign direct investment (FDI) and output under the framework of Granger causality and panel cointegration for Pakistan o...

by Muhammad Arshad Khan | On 03 Jan 2012

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

Public Sector Performance: A Global Perspective

The public sectors of different countries are shaped by many factors, but they share common challenges. Those challenges make public sector performance management more complex than it is in the privat...

by Louise Ross | On 14 Dec 2011

On Learning, Innovation and Competence Building in India’s SMEs: Challenges Ahead

With a vast and diverse SME sector India’s industrialization owes much to the technological dynamism of enterprises. Various institutional interventions have been made to promote innovativeness in t...

by Keshab Das | On 13 Dec 2011

Rejigging the Elephant Dance

India's development challenges. The India growth story was thrown off track by the global financial crisis which engulfed virtually every country in the world. We recovered from the crisis sooner than...

by Duvvuri Subbarao | On 30 Nov 2011

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

India’s Agricultural Development under the New Economic Regime: Policy Perspective and Strategy for the 12th Five Year Plan

The Eleventh Plan, which had attempted to reverse deceleration of agricultural growth during the Ninth and Tenth Plan, had some success in as foodgrains production has touched a new peak of 241.56 m...

by Vijay Paul Sharma | On 17 Nov 2011

Growth and Election Outcomes in a Developing Country

With the exception Brander and Drazen (2008), who use a comprehensive cross-country database consisting of both developed and developing countries, the hypothesis that rapid growth helps incumbents...

by Poonam Gupta | On 31 Oct 2011

A Comparison of the Industrialization Paths for Asian Services Outsourcing Industries, and Implications for Poverty Alleviation

This paper examines three software and/or information technology enabled services (ITES) industries—two in the early stages of development (in the People’s Republic of China [PRC] and the Philippines)...

by F Ted Tschang | On 25 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

Global Economic Crisis: Impact and Restructuring of the Services Sector in India

The Indian economy has shown considerable resilience to the global economic crisis by maintaining one of the highest growth rates in the world. The services sector accounted for around 88 per cent of...

by Abhijit Das | On 13 Oct 2011

Populations at Risk: Other End of Youth Bulge

While there is much written on the youth bulge in developing countries, little is being done to address the problems of the elderly. And yet demographically, it is this section that is showing high gr...

by Lakshmi Priya | On 10 Oct 2011

ASEAN Auto Market Growing in the Shadow of China and India

The automobile industry in the ASEAN countries has expanded rapidly over the last few years. The growth potential of the ASEAN auto market and its now very major absolute importance for the industr...

by Eric Heymann | On 03 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

Labour Market in Urban Agglomerations: A case from an Indian Global City

The study explores different aspects of employment and labour market prevalent in large in UAs, in particular global cities. To capture the role of labour market in urban agglomeration, particularly...

by G.D Bino Paul | On 27 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

Faster, Sustainable and More Inclusive Growth: An Approach to the 12th Five Year Plan

In preparing the Approach Paper, the Planning Commission has consulted much more widely than ever before recognising the fact that citizens are now much better informed and also keen to engage. Over...

by Planning Commission, India | On 12 Sep 2011

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

Productivity Dynamics in the Indian Pharmaceutical Industry: Evidences from Plant-level Panel Data

This paper investigates the effects of plants' dynamics on productivity growth in the Indian pharmaceutical industry across five regions: north, north-west, west, south and the rest of India, during t...

by Atsuko Kamiike | On 06 Sep 2011

Infrastructure Investment and Regional Economic Growth: A Case Study of Maharashtra

The study initially reviews the infrastructure facilities for the 33 districts of Maharashtra for one year i.e.1999-2000. Using this, the extent of disparities between these regions is found. Further...

by A M Swaminathan | On 29 Aug 2011

Reforms in Indian Agro-processing and Agriculture Sectors in the Context of Unilateral and Multilateral Trade Agreements

In this paper, the potential impacts of trade and investment-related policy reforms on India’s agro-processing sector is explored. The direct effects of policy reforms within the processing sector, an...

by A. Ganesh-Kumar | On 22 Aug 2011

Urbanization in India: Evidence on Agglomeration Economies

The paper examines the urbanization pattern with context of India. The paper deals with various demographic aspects of urbanization. Also the paper focuses on characteristics and classes of cities, an...

by Arup Mitra | On 19 Aug 2011

Predicting Recessions and Slowdowns: A Robust Approach

This paper defines business and growth rate cycles and describes the importance of key coincident indicators and reference chronologies, following reflections on the definition of a recession. The rob...

by Pami Dua | On 18 Aug 2011

Efficiency and Productivity Growth in Indian Banking

This paper attempts to examine technical efficiency and productivity performance of Indian scheduled commercial banks, for the period 1979-2008. A model is constructed using multiple output/multiple i...

by S S Rajan | On 03 Aug 2011

Chronic Poverty in South West Madhya Pradesh: A Multidimensional Analysis of its Extent and Causes

The structuralist perspective envisages poverty, especially in rural India, as a long duration phenomenon. Over time, most of the structural features of poverty have remained more or less intact. As a...

by Amita Shah | On 02 Aug 2011

Tracking India Growth in Real Time

This paper compares different approaches to the short term forecasting (nowcasting) of real GDP growth in India and evaluates methods to optimally gauge the current state of the economy. Univariate ...

by Rudrani Bhattacharya | On 02 Aug 2011

India’s Low Carbon Inclusive Growth Strategy

This paper reviews India.s low-carbon high growth inclusive policy initiatives, comments on their financial sustainability and environmental sustainability and suggests desirable changes. The focus...

by U. Sankar | On 29 Jul 2011

Recent Employment Situation and Labor Market Developments in Bangladesh

This note examines recent trends in the labor market and employment situation in Bangladesh and draws some policy implications keeping the poverty reduction imperatives in view. [BB PP No. 0807]. URL:...

by Md. Habibur Rahman | On 26 Jul 2011

Fair Shares: Crediting Poor Countries for Carbon Mitigation

Focusing on the power sector, Wheeler estimates energy growth and incremental costs for six low-carbon energy technologies (biomass, solar, wind, geothermal, hydro, and nuclear) in 174 countries from...

by David Wheeler | On 25 Jul 2011

Shocks, Economic Growth and the Indian Economy

This paper analyses the impact of domestic and external shocks on the Indian economy. A macro-modelling framework is developed that evaluates the impact of two domestic shocks (rainfall shortfall an...

by B B Bhattacharya | On 15 Jul 2011

Fiscal Policy for Poverty Reduction, Reconstruction, and Growth

Growth, poverty reduction, and social peace are all undermined when public expenditure management and taxation are weak and when the fiscal deficit and public debt are not managed successfully. And la...

by Tony Addison | On 04 Jul 2011

Poverty and Inequality in Uttar Pradesh during 1993-94 to 2004-05: A Decomposition Analysis

This paper attempts a decomposition analysis of Poverty scenario in UP during 1993-94 and 2004-05. It was found that poverty has decreased but inequality has increased between these years. The main ...

by Durgesh Chandra Pathak | On 01 Jul 2011

Investing in Youth Employment Report

Approximately three-fourths of the world’s 1.5 billion young people live in developing countries. Globally, young people make up nearly half of the ranks of the world's unemployed. Unemployment rates...

by CommonWealth Secretariat | On 01 Jul 2011

Public Infrastructure Investment and Non-Market Work in India: Selective Evidence from Time Use Data

Theory of allocation of time revealed that historically market-time has never consistently been greater than the non-market time and therefore the allocation and efficiency of latter may be equally...

by Lekha S. Chakraborty | On 29 Jun 2011

Aid and Growth

Some recent literature in the meta-analysis category where results from a range of studies are brought together throws doubt on the ability of foreign aid to foster economic growth and development....

by Tseday Jemaneh Mekasha | On 24 Jun 2011

Economic Growth and Poverty Dynamics

This paper briefly reviews the literature on economic growth and poverty and then examines whether economic growth influences poverty dynamics. The literature relating to the impact of economic growth...

by Shashanka Bhide | On 22 Jun 2011

Has China and India Become More Innovative Since the Onset of Reforms in the Two Countries?

China and India are definitely on a higher economic growth path, although the contribution of technology to economic growth is still not very clearly estimated. There is evidence to show that innova...

by Sunil Mani | On 21 Jun 2011

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

The Wide Angle: The End of Population Growth

The the population dynamics of the 21st century is shown here.

by Sanjeev Sanyal | On 21 Jun 2011

Challenges and Opportunities in a Trillion Dollar Economy

The Indian economy reached the trillion US dollar GDP milestone in 2007 and joined other countries of the trillion dollar club, namely, the US, UK, Japan, Germany, China, France, Italy, Spain, Canada,...

by Chakrabarty K C | On 21 Jun 2011

Poverty Reduction in China: Is High Growth Enough?

The slowdown and in some years reversal of poverty reduction in China forcefully demonstrates that growth is not sufficient for combating poverty even if that growth is of unprecedented magnitude. Pol...

by Guanghua Wan | On 16 Jun 2011

Solow’s Return: Inventions, Ideas and the Quality of Life

Robert Solow’s model of exogenous growth driven by the global diffusion of technology is out of fashion because it ill fits the empirical evidence. Today, economic growth is considered endogenous, an...

by Charles Kenny | On 14 Jun 2011

Frontier Issues on the Global Agenda- Emerging Economy Perspective

The article is a report of RBI Minister Duvvuri Subbarao on issuesing concerning the G-20 countries and also issues effecting all the countries collectively.

by Duvvuri Subbarao | On 13 Jun 2011

Polarization, Inequality and Growth: The Indian Experience

Polarization in India is analysed roughly in the past two and half decades using consumption expenditure data. It is seen that polarization has increased sharply since the 1990s, reversing the earlie...

by Sripad Motiram | On 13 Jun 2011

India’s Trade Policy Choices

India’s economic growth has accelerated in recent years, and its share of world trade has expanded. These are welcome developments for the country and, given India’s large share of the world’s popul...

by Sandra Polaski | On 10 Jun 2011

Closure for the Sraffa System: A Theory of Value, Distribution and Growth

The purpose of this paper is to pursue the implications of closing, in the sense of rendering determinate, the Sraffa equations of production, prices and distribution [Sraffa (1960)] by adding to th...

by Rajas Parchure | On 01 Jun 2011

Thailand’s Development Strategy and Growth Performance

Thailand’s development strategy has been strongly market-oriented and open to trade and investment flows with the rest of the world. Since the late 1950s, its growth performance has been outstanding...

by Peter Warr | On 31 May 2011

Agriculture’s Role in the Indian Enigma: Help or Hindrance to the Undernutrition Crisis?

In recent decades India has achieved one of the fastest economic growth rates in the world, yet its progress against both child and adult undernutrition has been sluggish at best. While this Indian...

by Derek Headey | On 27 May 2011

Poverty and Inequality in Rural Assam : An Indicative Study of Seven Villages in Udalguri Subdivision

Failure of economic growth in reducing the number of people below poverty line and promotion of equality may raise questions as to the desirability of growth itself. The objective of this paper is...

by S.K. Mishra | On 19 May 2011

Economic Survey: Fiscal Year 2009-10

The world economy, which grew by 3.0 percent in 2008, is estimated to turn negative by 0.6 in 2009. The economic growth rates in all the groups of advanced economies, emerging and developing econ...

by Ministry of Finance, Government of Nepal | On 16 May 2011

What Constrains Business? The Role of the ‘Single Window’ in Gujarat, India

The investment climate of a region reflects the location specific factors that provide opportunities and incentives for firms to invest, create jobs, and expand. A good investment cl...

by Errol D'souza | On 11 May 2011

Youth Employment and Unemployment in India

This paper examines the employment and unemployment situation of the youth in India during the last two-and-half decades namely, 1983 to 2007-08. It analyses the trends in labour force and workforce...

by S.Mahendra Dev | On 10 May 2011

India: Kal, Aaj Aur Kal

All across the board growth forecasts for this year are being revised downwards. What has changed in the last few months? http://www.indicus.net

by Sumita Kale | On 08 May 2011

A Review of India's Industrial Policy and Performance

When India’s industrial policy chronicle is reviewed, it is found that the country has mainly followed three regimes after independence. These are the planned or controlled period till the end of th...

by G Burange | On 02 May 2011

Has India Emerged? Business Cycle Stylized Facts from a Transitioning Economy

This paper presents a comprehensive set of stylised facts for business cycles in India from 1950 - 2009. India's business cycle in the pre 1991 economy is compared with the post 1991 Indian economy,...

by Ila Patnaik | On 27 Apr 2011

Issues for Approach to the 12th Five Year Plan

GDP growth likely to average 8.2 per cent over 11th Plan: short of the 9% target, but remarkable given the global crisis and drought. Basic objective : Faster, More Inclusive, and Sustainable Growth ...

by Planning Commission | On 25 Apr 2011

Did the Indian Capital Controls Work as a Tool of Macroeconomic Policy?

In 2010 and 2011, there has been a fresh wave of interest in cap- ital controls. India is one of the few large countries with a complex system of capital controls, and hence others an opportunity to...

by Ila Patnaik | On 21 Apr 2011

National Youth Policy 2010 (NYP 2010)

The NYP 2010 is a step forward from the earlier Policy formulated in 1988 and, later, in 2003. It reaffirms commitment of the nation to the holistic development of the young people of the country....

by Ministry of Youth and Sports Affairs YAS | On 19 Apr 2011

Is Economic Growth Associated with Reduction in Child Undernutrition in India?

Economic growth is widely perceived as a major policy instrument in reducing childhood undernutrition in India. The association between changes in state per capita income and the risk of undernutriti...

by Malavika A Subramanyam | On 13 Apr 2011

Transport Policy for Kerela

Transport plays an important role in the economic development of any region. Economic growth that result in higher incomes and a rising living standards are expected to create greater demands for tr...

by Government of Kerala Govt | On 05 Apr 2011

Integrated Agribusiness Development Policy 2011

The Government of Karnataka considers high growth of agriculture and allied sectors as a means to accelerate the state’s GDP growth, enable farmers to earn higher income and ensure food security. Ka...

by Government of Karnataka | On 05 Apr 2011

Budget 2011-12, Delhi

Budget speech by finance minister. URL: [http://delhi.gov.in/wps/wcm/connect/21d1f280463783518436871b84a2a7b0/CM+Speech+-+PRINT.pdf?MOD=AJPERES].

by Government of Delhi | On 30 Mar 2011

Budget 2011-12, Meghalaya

Budget 2011-12 presented by the Finance Minister.

by Government of Meghalaya Govt | On 28 Mar 2011

Causality between Foreign Direct Investment and Tourism: Empirical Evidence from India

This paper investigates the causal link between foreign direct investment and tourism in India by employing the Granger causality test under a VAR framework. A one-way causality link is found from f...

by Saroja Selvanathan | On 24 Mar 2011

Environment, Human Development and Economic Growth after Liberalisation: An Analysis of Indian States

Economic growth does not necessarily ensure environmental sustainability for a country. The relationship between the two is far more complicated for developing countries like India, given the depend...

by Sacchidananda Mukherjee | On 16 Mar 2011

The Global Impact of the Southern Engines of Growth: China, India, Brazil and South Africa

This Policy Brief focuses on links between the developing countries of Brazil, India, China and South Africa and the global economy, with a special emphasis on the implications of China’s spectacular...

by Amelia U. Santos Paulino | On 11 Mar 2011

Discussion Paper: e-Development Index

As per economic theory, digitalisation of the economy impacts economic growth in two ways: one as an input in to production process and the other as an enhancer of productivity through technological...

by Mr. R. Venkatesan | On 11 Mar 2011

e-development? Development and the New Economy

The world economy has recently changed. A new world economy has emerged over the last decade as two long-run broad trends, globalization and advances in information and communication technology (I...

by Matthew Clarke | On 10 Mar 2011

Future Role of Foreign Banks in Asia

Although the Asian Crisis has brought consensus on the necessity of strong domestic financial systems, there is less agreement as to the role of foreign banks in achieving the goals of economic grow...

by Heather Montgomery | On 10 Mar 2011

Salient Aspects of the Growth Story of Indian Railways 1981-82 through 2007-08

This paper makes an attempt to provide a broad overview of the salient aspects of the growth story of Indian Railways (IR) since independence. More specifically, the study aims to analyse the trends...

by G. Alivelu | On 10 Mar 2011

Budget for Gender Equity

The budgetary policy of the Government has a major role to play in achieving objectives of gender equality and growth through content and direction of Fiscal and Monetary Policies, measures for r...

by Government of India Ministry of Women and Child Development | On 08 Mar 2011

Budget 2011-2012

Budget speech 2011-2012 by Pranab Mukherjee.

by Pranab Mukherjee | On 01 Mar 2011

Forests in Global Warming

The multidisciplinary research project on the Forest in the North and the South, organised by UNU-WIDER, shows that, in spite of modest forest expansions in the North, the ongoing deforestation of the...

by Patrick Humphreys | On 28 Feb 2011

A Strategy for Small- and Medium-Sized Enterprise Development within a National Innovation System The Case of the People's Republic of China

The People’s Republic of China (PRC) is a relative latecomer to modern industry and is—by most standards—a highly successful one. Its market-oriented reforms have produced remarkable results: the m...

by Tracy Yang | On 23 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

Review of the Economy 2010/11

The Economic Advisory Council in its review of the economy has predicted a continued high growth but has suggested steps to sustain this growth, chief among them:Containing inflation by focusing both...

by C. Rangarajan | On 21 Feb 2011

Emerging Issues for Regional Cooperation in Asia-Pacific

Dynamic human resources are one of the dominant factors for developing countries (DMCs) to achieve sustainable economic growth. Donors, including the ADB, are eager to help teach DMC policymakers ho...

by Toshiki Kanamori | On 21 Feb 2011

Report to the People on Environment and Forests: 2009-2010

The present report aims to generate greater awareness and environmental consciousness amongst our citizens. The objective of the report, therefore, is to generate a national debate among various s...

by Ministry of Environment and Forests GOI | On 16 Feb 2011

Indian Economy: Selected Methodological Advances

This paper develops tools to examine selected major issues in the Indian economy. The study computes the potential growth rate of the economy and the agricultural sector, extends the analysis of fisca...

by Mathew Joseph | On 11 Feb 2011

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

Decentralization, Corruption, and Government Accountability: An Overview

The impact of government decentralization on economic performance and growth is a hotly contested issue. Waves of decentralization occurred in many developing countries over the past few decades, fo...

by Pranab Bardhan | On 10 Feb 2011

An Agenda for Research on Urbanization in Developing Countries: A Summary of Findings from a Scoping Exercise

This paper assesses the state of research and examines priorities for future work in the area of urbanization and growth. This is done by reviewing and summarizing the findings of five scoping papers...

by Patricia Clarke Annez | On 09 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

Sustaining Employment and Equitable Growth: Policies For Structural Transformation of The Indian Economy

Broad ranging economic reforms were introduced in the Indian economy in the early 1990s. Yet there was no evidence of a statistical break in the rate of growth of the Indian economy during the ninet...

by Arvind Virmani | On 08 Feb 2011

Trade in Environmental Services: Opportunities and Constraints

The environment industry has witnessed rapid growth over the last two decades. Industry surveys in the mid- 1990s had estimated that the global environment industry revenue would increase from US$ 469...

by Aparna Sawhney | On 04 Feb 2011

The Dynamics of Competition: Phasing of Domestic and External Liberalisation in India

The focus of the analysis is on the post-colonial period after India attained independence in 1947. This paper covers the period from 1950-51 onwards for which consistent data series are available....

by Arvind Virmani | On 03 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

Cost-effectiveness Assessment of Greenhouse Gas Mitigation Options: A Proposed Methodology

The World Bank has been requested by the government of India to undertake a study, “Strategies for Low Carbon Growth.” The study considers different options for low-carbon growth trajectories to fis...

by Ministry of Environment and Forest | 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

Third Quarter Review of Monetary Policy 2010-11

This statement sets out the Reserve Bank’s assessment of the current macroeconomic situation and forward projections.

by D Subbarao | On 31 Jan 2011

On the Economics of Regional Powers: Comparing China, India, Brazil, and South Africa

As the conception of and debates on regional powers have been led by political science, this paper aims to contribute to the discussion from an economics perspective. Based on the discussion of differ...

by Robert KAppel | On 28 Jan 2011

India's Low Carbon Inclusive Growth Strategy

India’s low carbon inclusive growth strategy is framed in the context of  multiple goals and its national circumstances. In many cases, co­benefits  such as energy security, universal access to cl...

by U. Sankar | On 28 Jan 2011

Importance of Technological Innovation for SME Growth: Evidence from India

This paper probes the drivers, dimensions, achievements, and outcomes of technological innovations carried out by SMEs in the auto components, electronics, and machine tool sectors of Bangalore in...

by M. H. Bala Subrahmanya | On 25 Jan 2011

Growth, Inequality, and Poverty Reduction in Developing Countries: Recent Global Evidence

The study presents recent global evidence on the transformation of economic growth to poverty reduction in developing countries, with emphasis on the role of income inequality. The focus is on the p...

by Augustin Kwasi Fosu | On 25 Jan 2011

Beyond Cancún: Market Opportunities Trump Multilateral Discourse

Despite low expectations, the UN climate change negotiations in Cancún made important progress thanks to decisive Mexican diplomacy and a renewed conviction that reducing emissions can drive green gro...

by Caio Koch Weser | On 25 Jan 2011

On the Causal Links between FDI and Growth in Developing Countries

In this paper they analyse the Granger causal relationships between foreign direct investment (FDI) and GDP in a sample of 31 developing countries covering 31 years. Using estimators for heteroge...

by Henrik Hansen | On 18 Jan 2011

Types of Entrepreneurship and Economic Growth

In this paper, we empirically investigate the effect of entrepreneurship on economic growth at the country level. They use data from the Global Entrepreneurship Monitor, which provides comparativ...

by Erik Stam | On 14 Jan 2011

Foreign Direct Investment in Small Island Developing States

The role of foreign direct investment (FDI) in small island developing states (SIDS) is an issue that has been neglected until relatively recently. The reasons for this lack of interest are unsurp...

by Robert Read | On 12 Jan 2011

Monetary Policy, Capital Flows, and the Exchange Rate

The use of monetary policy in India has been constrained by a loose fiscal policy and capital flows. Capital inflows have the potential to cause a Dutch Disease-type situation. The RBI has carried out...

by Partha Sen | On 06 Jan 2011

The Financial Deepening–Productivity Nexus in China: 1987–2001

The financial intermediation–growth nexus is a widely studied topic in the literature of development economics. Deepening financial intermediation may promote economic growth by mobilizing more...

by Jun Zhang | On 03 Jan 2011

The Impact of Asset Transfer on Livelihoods of the Ultra Poor in Bangladesh

Bangladesh’s progress in economic growth and extensive social protection interventions have contributed to a reduction in the headcount poverty rate of around 1.5 percentage points a year since the ...

by Akhter U. Ahmed | On 03 Jan 2011

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

The Two Cultures Revisited: Some Reflections on the Environment-Development Debate in India

The speech is mainly about the "two cultures” (modern society—the cultures of the science and that of the humanities) syndrome—the apparent gap between those espousing the case for faster economic g...

by Jairam Ramesh | On 23 Dec 2010

The Economy of Thiruvananthapuram

The major objectives of the paper is to:- * to locate the Thiruvananthapuram district in the economic map of the State; *to document the structural and sectoral transformation of the district; *to...

by Oommen M A | On 22 Dec 2010

Size Matters: The Impact of Aid on Institutions

This paper proposes that aid flowing to smaller (less populous) countries has a negative impact on the quality of institutions in terms of performance and policy as opposed to that flowing to larg...

by Chakriya Bowman | On 20 Dec 2010

It Works; It Doesn’t; It Can, But That Depends…: 50 Years of Controversy over the Macroeconomic Impact of Development Aid

This paper surveys 50 years of empirical research on the macroeconomic impact of aid, looking mainly at studies examining the link between aid and growth. It argues that studies dating until the l...

by Mark McGillivray | On 16 Dec 2010

Capability Traps? The Mechanisms of Persistent Implementation Failure

Many countries remain stuck in conditions of low productivity that many call “poverty traps.” Economic growth is only one aspect of development; another key dimension of development is the expansion...

by Lant Pritchett | On 15 Dec 2010

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

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

Does Exporting Raise Productivity? Evidence from Korean Microdata

This paper explores a plausible channel through which exporting could have made both a substantial and a persistent contribution to export-oriented economic growth in Korea and by extension other East...

by Sanghoon Ahn | On 10 Dec 2010

Growth, Income Distribution, and Poverty: A Review

This paper reviews recent research dealing with the relationships between economic growth, income distribution, and poverty. This generally fails to find any systematic pattern of change in income d...

by Arne Bigsten | On 09 Dec 2010

At Different Speeds: Policy Complementarities and the Recovery from the Asian Crisis

This paper begins with a short review and discussion of the literature on policy complementarities and their implications in terms of (sustainable) growth strategies and the possible emergence of a ne...

by Bruno Rocha | On 09 Dec 2010

Segregated Data Analysis Report of NFHS-3 for Adolescents

Adolescents (10-19 years) constitute about one fourth of India's population and young people (10-24 years) about one third of the population. This huge section of population represents a great 'demo...

by Ministry of Health and Family Welfare H & FW | On 08 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

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

Some Speculation on Growth, Disparity and Capital Reorganisation in the Indian Economy

This paper is all about speculations on growth, disparity and Capital reorganisation in Indian Economy. [Working Paper No. 124]

by Sudipto Mundle | On 06 Dec 2010

Decomposing Spatial Differences in Poverty in India

Over the last decade, India has been one of the fastest growing economies, and has experienced considerable decline in overall income poverty. However, in a vast country like India, poverty levels v...

by Shatakshee Dhongde | On 03 Dec 2010

The Economics of Population Policy for Carbon Emissions Reduction in Developing Countries

Female education and family planning are both critical for sustainable development, and they obviously merit expanded support without any appeal to global climate considerations. However, even relativ...

by David Wheeler | On 29 Nov 2010

Economic Growth and Financial Depth: Is the Relationship Extinct Already?

Although the finance–growth nexus has become firmly entrenched in the empirical literature, studies that question the strength of the empirical results have appeared and seem to have become more f...

by Peter L. Rousseau | On 26 Nov 2010

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

Does the HIPC Initiative Achieve its Goal of Debt Sustainability?

This paper examines the question if the Heavily Indebted Poor Country (HIPC) Initiative provides a good basis for the HIPCs to exit from repeated debt rescheduling. Building on other reviews of the...

by Bernhard G. Gunter | On 23 Nov 2010

The Causal Relationship between Information and Communication Technology and Foreign Direct Investment

This paper investigates the simultaneous causal relationship between investments in information and communication technology (ICT) and foreign direct investment (FDI), with reference to its implica...

by Roghieh Gholami | On 22 Nov 2010

The Effect of IMF and World Bank Programmes on Poverty

Structural adjustment, as measured by the number of adjustment loans from the IMF and World Bank, reduces the growth elasticity of poverty reduction. Growth does reduce poverty, but the author find...

by William Easterly | On 19 Nov 2010

Fiscal Policy in a Growth Framework

This paper assesses recent theorising and empirical evidence on the impact of fiscal policy—taxes, public expenditures and budget deficits—on long-run growth. It considers the relevance of recent ad...

by Norman Gemmell | On 12 Nov 2010

How Responsive is Poverty to Growth? A Regional Analysis of Poverty, Inequality, and Growth in Indonesia, 1984-99

This paper uses six nationally representative household consumption surveys to develop successive poverty profiles for Indonesia over a fifteen-year period of sustained high growth followed by rapi...

by Jed Friedman | On 11 Nov 2010

External Debt and Growth in Developing Countries: A Sensitivity and Causal Analysis

The paper aims to enhance the existing literature on the debt-growth nexus by analysing the relationship in two separate country groups using the extreme bounds analysis for sensitivity tests and th...

by Abdur R. Chowdhury | On 10 Nov 2010

Age Structural Transition and Economic Growth: Evidence from South and Southeast Asia

Age structural transition is a process and a consequence of shifting age structure from a young aged population to old aged population. It is well known that economic growth in the East Asian countr...

by K. Navaneetham | On 04 Nov 2010

Human Capital and Manufacturing Productivity Growth in India

Empirical studies on total factor productivity growth (TFPG) in developing countries highlight trade openness, research and development and market structure as being the most important determinants...

by Vinish Kathuria | On 02 Nov 2010

Skills, Informality and Development

This paper makes an attempt to estimate the index of informal sector employment which can be attributed to the supply-push phenomenon. Factors which explain the inter-state variations include the...

by Dibyendu S. Maiti | On 02 Nov 2010

Patterns of Inclusive Growth in Developing Asia: Insights from an Enhanced Growth-Poverty Elasticity Analysis

The primary objective of this research is to identify key factors that explain the observed wide variation in patterns of inclusiveness of economic growth—defined here as gross domestic product (GDP...

by Cielito F. Habito | On 26 Oct 2010

The Rationale and the Result of the Current Stabilisation Programme

Apart from the episode of the mid-sixties, macroeconomic crises have not played a major part in India's economic development. A certain sort of stability had accompanied the lack-lustre grow...

by Pulapre Balakrishnan | On 23 Oct 2010

Aid Allocation and Fragile States

This paper summarises research on aid allocation and effectiveness, highlighting the current findings of recent research on aid allocation to fragile states. Fragile states are defined by the dono...

by Mark McGillivray | On 21 Oct 2010

Accelerating Economic Growth and Reducing Poverty: The Road Ahead

It outlines the broad framework and the strategy for poverty reduction based on four pillars: (a) accelerating economic growth while maintaining the macroeconomic stability; (b) improving the govern...

by Ministry of Finance, Government of Pakistan, | On 19 Oct 2010

Are Inequality and Trade Liberalization Influences on Growth and Poverty?

There has been a recent resurgence of interest in the relationship between income inequality and growth, manifested in a number of important publications. In parallel with this, concern with the imp...

by Jennifer Mbabazi | On 19 Oct 2010

Emerging Market Economies Leading Global Growth

The three issues laid out in today’s agenda are particularly relevant at this juncture and how we answer them in the months ahead will determine how the world regains and then sustains economic grow...

by Duvvuri Subbarao | On 18 Oct 2010

China, India, Brazil and South Africa in the World Economy: Engines of Growth?

This paper attempts to analyse the economic implications of the rise of China, India, Brazil and South Africa, for developing countries situated in the wider context of the world economy. It exami...

by Deepak Nayyar | On 15 Oct 2010

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

Inflation and Economic Growth in Bangladesh: 1981-2005

This paper empirically explores the present relationship between inflation and economic growth in the context of Bangladesh. Using annual data set on real GDP and CPI for the period of 1980 to 2005, a...

by Shamim Ahmed | On 14 Oct 2010

Collective Values, Behavioural Norms and Rules Building Institutions for Economic Growth and Poverty Reduction

Economic growth and poverty reduction require for a country to establish efficient rules for economic and political transactions. Poor countries suffer from inadequate, inefficient transaction rules...

by Ke-young Chu | On 12 Oct 2010

Growth of Work Opportunities In India: 1983 – 1999-2000

Against the backdrop of concerns about the slow down in the growth of total work force in the 1990s (relative to the 1980s) and of “jobless growth”, this paper offers a more nuanced assessment of...

by K. Sundaram | On 11 Oct 2010

Long Term Trends in the Growth and Structure of the Net State Domestic Product in Kerala

Kerala has been a model to other states for her achievements in social development. But in terms of economic growth her performance has for long been very poor and a matter of deep concern. In this...

by P. Mohanan Pillai | On 08 Oct 2010

Developing Asia’s Competitive Advantage in Green Products: Learning from the Japanese Experience

Right now, governments around the world are spending record amounts of money to kick- start their economies in response to the financial crisis. Fortunately, a great opportunity exists for this fis...

by Fukuya Lino | On 06 Oct 2010

Assessing Socioeconomic Impacts of Transport Infrastructure Projects in the Greater Mekong Subregion

This study attempts to quantify the links between infrastructure investment and poverty reduction using a multi-region general equilibrium model, supplemented with household survey data for the Greate...

by Susan Stone | 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

Beyond Population: Everyone Counts in Development

This essay reviews important demographic trends expected to occur between 2010 and 2050, indicates some of their implications for economic and global development, and suggests some possible policies t...

by Joel E. Cohen | On 29 Sep 2010

Sustainable Economic Growth for India: An Exercise in Macroeconomic Scenario Building

Use of Macroeconometric models has by now assumed a measure of universality as an unavoidable aid to forecasting and policy analysis; challenges and controversies spread over more than two decades n...

by V. Pandit | On 29 Sep 2010

Cyclicality in Industrial Growth in lndia: An Exploratory Analysis

A review of the literature on industrial growth in India, bows that barring a few studies [e.g.,Raj (1976,1984), Shetty (1978)], Industrial growth has been interpreted by merely fitting statistical m...

by R. Anandaraj | On 29 Sep 2010

Politics for winners

The Gandhi mother-son duo and the prime minister have come down on two sides of the land acquisition/environment debate. Manmohan Singh is focused on delivering 9 per cent economic growth; he sees a c...

by T.N. Ninan | On 24 Sep 2010

Technology Acquisition and Growth of Firms Under Changing Policy Regimes : A Study of the Indian Automobile Sector

The objective of this paper is to analyse the determinants of the growth of firms in the Indian automobile industry during the period 1980-81 to 1995-96. It re-examines certain issues that have a...

by K. Narayanan | On 09 Sep 2010

ICTs and Urban Microenterprises: Identifying and Maximizing Opportunities for Economic Development

The research reported here was guided by three questions: (1) What are the current and potential patterns of mobile phone, landline, PC, and Internet café use among urban microentrepreneurs? (2) Are m...

by Vigneswara Ilavarasan | On 06 Sep 2010

What Can Be Learned About the Economies of China and India from Purchasing Power Comparisons?

Comparisons of India and China have been made for over 50 years. This paper focuses on purchasing power estimates in China and India in the 2005 round of the UN International Comparison Programme (I...

by Alan Heston | On 20 Aug 2010

Book Review: Promoting Economic Cooperation in South Asia

Review of 'Promoting Economic Cooperation in South Asia'; S. Ahmed, S. Kalegama and E. Ghani (Editors). Published by Sage Publications, New Delhi, 2010

by Sandhya S . Iyer | On 17 Aug 2010

Do Labor Intensive Industries Generate Employment? Evidence from firm level survey in India

This study attempts to address the issue of declining labour intensity in India’s organized manufacturing in order to understand the constraints on employment generation in the labour intensive sect...

by Deb Kusum Das | On 13 Aug 2010

Exploring Feasibility of Alternate Channels of Information Dissemination: Study of Rural Consumers Information Needs

Information plays a vital role in lives of individuals/groups for development and growth. Just information does not serve the purpose, but accurate information does. The sources/tools/techniques used...

by Rajanish Dass | On 06 Aug 2010

An Examination of the Relationship between Health and Economic Growth

This paper attempts to examine the relationship between health and economic growth. The rate of growth is measured using gross national income (GNI) and health status is measured using infant mortalit...

by Garima Malik | On 04 Aug 2010

Mexico and Singapore: Partners for Growth: Sharing the Economic Crisis Experience

This paper is a lecture series by H.E. Ms. Rosario Green, who shares the economic crisis experience of Mexico and Singapore, who are also partners for growth.

by H.E. Ms. Green | On 02 Aug 2010

Hydrogen Energy For Indian Transport Sector: A Well-To-Wheel Techno-Economic and Environmental Feasibility Analysis

With the alarming rate of growth in vehicle population and travel demand, the energy consumption has increased significantly contributing to the rise of GHG emissions. Therefore, the development of a...

by P. Balachandra | On 30 Jul 2010

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

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

by Environment and Development Division | On 21 Jul 2010

State Capacity, Conflict and Development

This paper is a report on an on-going project, which asks a number of questions relevant to the study of state capacity. What are the main economic and political determinants of the state’s capacity...

by Timothy Besley | On 15 Jul 2010

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

Institutions for Asian Connectivity

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

by Biswa N Bhattacharyay | On 09 Jul 2010

Assessing the Economic Vulnerability of Small Island Developing States and the Least Developed Countries

Macro vulnerability of the small island developing states (SIDS) as well as of least developed countries (LDCs) has been an increasing concern for the international community. This concern has led...

by Patrick Guillaumont | On 30 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 Service Sector as India’s Road to Economic Growth?

Among fast growing developing countries, India is distinctive for the role of the service sector. However, sceptics have raised doubts about both the quality and sustainability of the increase in se...

by Barry Eichengreen | On 24 Jun 2010

Aid, Debt Relief and New Sources of Finance for Meeting the Millennium Development Goals

The Millennium Development Goals (MDGs) have lofty expectations regarding the impact of official development aid. Are these expectations valid? This paper surveys the literature on aid and growth...

by Tony Addison | On 21 Jun 2010

Municipal Finance of Urban Infrastructure: Knowns and Unknowns

Various trends, including an increasing emphasis on fiscal decentralization; political democratization in many areas; globalization and the financial liberalization that often accompanies it; growing...

by James Alm | On 18 Jun 2010

After 7 years of 8.3%

This editorial piece talks about the changing scenario of India's Economic Growth. There was a time when the Association of South-East Asian Nations (Asean) would look with mild disdain at an India th...

by T.N. Ninan | On 14 Jun 2010

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

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

by M S Sriram | On 08 Jun 2010

Gender Development Indicators: Issues, Debates and Ranking of Districts

The present study emphasizes on independent variable analysis in assessing gender development at the disaggregated district level to account for problems such as the major contradiction facing this c...

by Preet Rustagi | On 03 Jun 2010

The Importance of Being Wanted

We identify birth wantedness as a source of better child outcomes. In Vietnam, the year of birth is widely believed to determine success. As a result, cohorts born in auspicious years are 12 percent l...

by Quy-Toan Do | On 02 Jun 2010

Aid and Growth Have We Come Full Circle?

This paper first assesses the aid-growth literature with a focus on recent contributions. The aid-growth literature is then framed, for the first time, in terms of the Rubin Causal Model, applied...

by Channing Arndt | On 02 Jun 2010

The (Indispensable) Middle Class in Developing Countries; or, The Rich a the Rest, Not the Poor and the Rest

In this paper an argument is made that the concept of inclusive growth should go beyond the traditional emphasis on the poor (and the rest) and take into account changes in the size and economic c...

by Nancy Birdsall | On 31 May 2010

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

Can Social Security Boost Domestic Consumption in the People’s Republic of China?

This paper reviews the development of the social security system and trends in the urban labor market in the People’s Republic of China (PRC). Despite its remarkable economic achievement, the PRC face...

by Wang Dewen | On 20 May 2010

Which Asia?

Is Asia a cohesive analytical unit in any practical sense?

by T.N. Ninan | On 17 May 2010

Private Sector Industrialization in China: Evidence from Wenzhou

The purpose of this study to help shed light on the entrepreneurship, entrepreneurs and enterprise growth in Wenzhou. The study is done by relying on a probabilistic firm survey that we carried out i...

by John Strauss | On 08 Apr 2010

Implementation of Monetary Policy in India

How does the Reserve Bank of India implement monetary policy? The objectives and framework of monetary policy, as they have evolved, the operational aspects of monetary policy have been discussed. Th...

by Deepak Mohanty | On 08 Apr 2010

Planning for Human Settlements in India-Spatial Perspective

This paper examines the basis upon which rural and urban areas are classified as such. It looks into various criteria for the above all over the world and re-iterates the Indian definition of an ‘urba...

by V.K. Dhar | On 22 Mar 2010

Escaping Chronic Poverty Through Economic Growth

The paper discusses the participation of poor participate in growth, and how different forms of growth connect to poverty. Also the paper discusses important policy levers, in relation to agriculture,...

by Chronic Poverty Research Centre CPRC | On 18 Feb 2010

Factor Employment, Sources and Sustainability of Output Growth: Analysis of Indian Manufacturing

The manufacturing sector in India is crucial for two main reasons: It has significant potential to provide modern employment to a growing labour force, especially that of less skilled type and second...

by Arvind Virmani | On 09 Feb 2010

Negotiating the Terms of A New Social Contract: Private Companies, Civil Society and the State in India

A detailed analysis of the stakes and dynamics at play in the public, civil and self-regulation of companies in India is offered. With the rapid growth and modernization of the country as the backdro...

by Damien Krichewsky | On 02 Feb 2010

Exchange Market Pressure and Monetary Policy

The objective of this study is to examine empirically the impact of monetary policy on exchange market pressure (EMP) in Bangladesh. EMP is measured as the sum of percentage change of international re...

by Sayera Younus | On 29 Jan 2010

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

Snakes, Ladders and Traps: Changing Lives and Livelihoods in Rural Bangladesh (1994-2001)

This paper examines national-level explanations for poverty decline in Bangladesh in micro-level detail, in order to better understand the nature of the causalities at work and why some households h...

by Naila Kabeer | On 28 Jan 2010

The Dynamic Relationship between Price and Trading Volume: Evidence from Indian Stock Market

This study investigates the nature of relationship between price and trading volume for 50 Indian stocks. Firstly the contemporaneous and asymmetric relation between price and volume are examined. T...

by Brajesh Kumar | On 25 Jan 2010

Why Bihar is Poor?

Bihar has achieved double-digit economic growth over the past five years is a wonder

by T.N. Ninan | On 21 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

Pro-Poor Growth: Illusions of Marriage and Divorce?

This note seeks to show that the debate on ‘Pro-Poor Growth’ is sterile and largely academic with few policy insights.

by Suryanarayana M H | On 15 Jan 2010

Key Copenhagen Messages

Climate change is one of the most important issues of the next decades and has the potential to severely impact societies, economies and human wellbeing.

by Caio Koch-Weser | On 16 Dec 2009

Gender, Poverty And Development: Gender Sensitive Budgeting And Other 'Best Practices'

The dominance of the mainstream paradigm of growth is being increasingly superseded by the Sustainable Human Development approach. No Concept of development, however, can be complete unless and until...

by Ritu Dewan | On 20 Nov 2009

Organizing the Un-Organized? The Rise, Recession and Revival of the Indian Diamond Industry

This paper presents summary of findings from research conducted in the Indian diamond industry over a period of last four years. Insights about the remarkable rise, growth and the unique working of t...

by Indu Rao | On 10 Nov 2009

2 headaches, 1 solution

The government simply has to find a way to deliver the basics. That is what will defeat the Maoists and hold off China.

by T.N. Ninan | On 27 Oct 2009

Telecommunications Infrastructure and Economic Growth: Evidence from Developing Countries

Simultaneous relationship between telecommunications and the economic growth, using data for developing countries are examined. Using 3SLS, a system of equations that endogenize economic growth and...

by Kala Seetharam Sridhar | On 15 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

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

Civil War: A Review of Fifty Years of Research

A review of several decades of scholarship on civil war, focusing on the answers to key questions: Why do wars begin? Who fights? How are armed groups organized? How can we end and prevent internal wa...

by Christopher Blattman | On 05 Oct 2009

Assessing the Impact of Fiscal Policy on Poverty

Fiscal policy measures are a key means by which governments can influence distribution and poverty, but in fact the relationships between fiscal policy and poverty are not well understood. The most c...

by Andrew McKay | On 05 Oct 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

Do Remittances Impact the Economy? Some Empirical Evidences from A Developing Economy

The study attempts to examine the impact of remittances on macroeconomic activities (private consumption and investment) and its implications on economic growth in India for the period from 1966-67 to...

by Hrushikesh Mallick | On 01 Sep 2009

Aggregate Productivity Growth in Indian Manufacturing: An Application of Domar Aggregation

An attempt is made to compute the aggregate productivity growth using the Domar aggregation technique. Building up from the Total Factor Productivity Growth (TFPG) estimates for 3-digit industries, we...

by Deb Kusum Das | On 12 Aug 2009

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

The Employment Potential of Labor Intensive Industries in India's Organized Manufacturing

This paper attempts to identify and examine labor intensive industries in the organized manufacturing sector in India in order to understand their employment generation potential. Using the data from...

by Deb Kusum Das | On 13 Jul 2009

Clean Water Should Be Recognized as a Human Right

Access to clean water should be declared a basic human right for three reasons. First, access to clean water can substantially reduce the global burden of disease caused by water-borne infections. Sec...

by PLoS Medicine | On 09 Jul 2009

Impact of Imported Intermediate and Capital Goods on Economic Growth: A Cross Country Analysis

Knowledge accumulation in the richer countries provides them with comparative advantages in higher productivity products. The countries that import the higher productivity intermediate products and ca...

by C Veermani | On 23 Jun 2009

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

Blunt Instruments: On Establishing the Causes of Economic Growth

Despite intense concern that many instrumental variables used in growth regressions may be invalid, or both, top journals studies of economic growth based on problematic instruments. doing so risks p...

by Samuel Bazzi | On 04 Jun 2009

Impact of Imported Intermediate and Capital Goods on Economic Growth: A Cross Country Analysis

Knowledge accumulation in the richer countries provides them with comparative advantages in higher productivity products. The countries that import the higher productivity intermed...

by C Veermani | On 21 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

Gender and Innovation in South Asia

To understand how gender, women’s rights and citizenship intersect with innovation in SouthAsia, one must begin by considering some of the main features of life for South Asian women, about a half of...

by Sujata Byravan | On 06 May 2009

Reserve Bank of India Platinum Jubilee Celebrations - Governor’s Address to Staff

The main question that the Governor is asking to the RBI staff is "how can I do my job better so that I can make a positive difference to the country?"

by Duvvuri Subbarao | On 08 Apr 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

Andhra Pradesh Budget Speech 2009-10

Speech of Sri K. Rosaiah

by Government Andhra Pradesh | On 23 Feb 2009

The Missing Middle

The purpose of this paper is to provide evidence, and argue, that stunning as India’s success is, the potential – and need – is for still more reform and more rapid growth. 8 percent is a good rate of...

by Anne O. Krueger | On 17 Feb 2009

Beyond Industrialization New Approaches to Development Strategy Based on the Service Sector

This paper argues that it is becoming increasingly difficult for most developing countries to achieve rapid growth through industrialization, and especially through export oriented activities. But th...

by Peter Sheehan | On 03 Feb 2009

Employment Growth in Rural India: Distress Driven?

The 61st round of NSS shows that there is a turnaround in employment growth in rural India after a phase of ‘jobless growth’. Paradoxically, this employment growth occurred during a period of wide ...

by Vinoj Abraham | On 05 Jan 2009

Emerging through Technological Capability: An Overview of India’s Technological Trajectory

In this paper an overview of India’s technological trajectory with a view to understanding the nuances of India’s technological capability and the role it has played in the process of India’s econom...

by Amit Shovon Ray | On 26 Dec 2008

Government Spending, Trade Openness and Economic Growth in India: A Time Series Analysis

The study examines the impact of aggregate government expenditure and its two broader components such as revenue expenditure and capital expenditure on the growth rate of output in the Indian contex...

by Hrushikesh Mallick | On 22 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

Inda's Pharmaceutical Industry on Course for Globalisation

The pharmaceutical industry is expanding worldwide. For some years now, it has been benefiting from the particular dynamics of the Asian economies as both purchasers and producers. It is not only the...

by Uwe Perlitz | On 12 Dec 2008

The Impact of Terrorism and Conflicts on Growth in Asia, 1970–2004

This paper quantifies the impact of terrorism and conflicts on income per capita growth in Asia for 1970–2004. Transnational terrorist attacks had a significant growth-limiting effect. An additional t...

by Khusrav Gaibulloev | 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

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

India’s Macroeconomic Performance

The paper reviews India’s macroeconomic performance and policies since 2000. The first section briefly summarizes key macroeconomic developments regarding economic growth, inflation, external bala...

by Shankar Acharya | On 02 Nov 2008

India’s Macroeconomic Performance and Policies Since 2000

The paper reviews India’s macroeconomic performance and policies since 2000. The first section briefly summarizes key macroeconomic developments regarding economic growth, inflation, external balance...

by Shankar Acharya | On 29 Oct 2008

Impact of Urban Growth on Water Bodies The Case of Hyderabad

This study makes an attempt to analyse the transformation of common property resources (the lakes) into private property. [WP No. 60].

by Ramachandraiah C | On 17 Oct 2008

An Open Services Regime Recipe for Jobless Growth?

This paper reviews India’s experience to understand how services sector liberalisation can generate (welfare) gains for developing countries, in particular vis-à-vis its employment generation potenti...

by Suparna Karmakar | On 14 Oct 2008

Deconstructing China’s and India’s Growth: The Role of Financial Policies

This paper uses the standard one-sector neoclassical growth model to investigate why China’s consumption has been low and investment high. This paper looks into the role played by the financial sector...

by Jahangir Aziz | On 07 Oct 2008

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

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

Rising Inequality With High Growth Isn't This Trend Worrisome? Analysis of Kerala Experience

The relation between growth, inequality and poverty is the central theme of the paper. While the fast economic growth under the neo-liberal policy regime helps reduce poverty, it increases inequality...

by KK Subrahmanian | On 16 Sep 2008

Growing Services in India - An Inter-Sectoral Analysis Based on State-Level Data

This study is an inter-sectoral analysis of state domestic product data to understand the determinants of the services sector growth in India during the recent years. It is a demand side analysis wh...

by Deepita Chakravarty | On 11 Aug 2008

The Indian Banking Industry – A Retrospect of Select Aspects

A broad overview of the achievements and progress made by the Indian banking sector in the last two decades and the emerging frontiers of the Indian banking system, in the post-reform era. [Address d...

by Leeladhar V | On 11 Aug 2008

Banking Sector Reforms and Equity a Sub-Regional Analysis in Andhra Pradesh

In this study an attempt is made to examine the equity aspect due to reforms in the banking sector at sub-regional level in the state of Andhra Pradesh covering the period 1985 to 2004. [CESS WP 68]...

by K S Reddy | On 04 Aug 2008

Factors Influencing the Performance of Indian and Chinese Software Firms

This paper analyses the determinants of growth and profit behaviour of the Chinese and Indian IT Software firms.

by N.S. Siddharthan | On 30 Jul 2008

Eleventh Five Year Plan (2007–2012) Volume I Inclusive Growth

The Eleventh Plan addresses itself to the challenge of making growth both faster and more inclusive. The rapid growth achieved in the past several years demonstrates that we have learnt how to bring a...

by Planning Commission, India | On 29 Jul 2008

Macroeconomic and Monetary Developments First Quarter Review 2008-09

The Reserve Bank released the document “Macroeconomic and Monetary Developments: First Quarter Review 2008-09” to serve as a backdrop to the First Quarter Review of Annual Policy Statement for 2008-0...

by Reserve Bank of India | On 28 Jul 2008

Measuring Sustainability with Macroeconomic Data for India

This paper investigates certain macro data on the Indian economy to draw inferences on the sustainability of the economic growth experienced over the last couple of decades. Interpreting sustainabilit...

by Purnamita Dasgupta | On 24 Jul 2008

Sustainable Economic Growth for India

Use of Macroeconometric models has by now assumed a measure of universality as an unavoidable aid to forecasting and policy analysis; challenges and controversies spread over more than two decades not...

by V. Pandit | On 26 Jun 2008

Inclusive Growth in Andhra Pradesh: Challenges in Agriculture, Poverty, Social Sector and Regional Disparities

The important elements of inclusive growth are: agricultural growth, employment generation and poverty reduction, social sector (health and education) and reduction in regional and other disparities...

by S.Mahendra Dev | On 31 May 2008

Newsletter on Regional Economy: A bi-monthly four state update from IRIS India

A monthly compilation by IRIS.

by IRIS India IRIS | On 09 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

Maharashtra Budget 2008-09 Part I

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

by Maharashtra Government | On 20 Mar 2008

Markets, politics and freedom in the work of Hannah Arendt

Like the alchemist's philosopher's stone of old, though, the heavy artillery of game theory is being wheeled out in more and more sophisticated models, in the hope of converting the lead of individual...

by Kevin Quinn | On 17 Mar 2008

Stagflation Cometh

The good times may be ending. There have been worries for years about the global imbalances caused by America’s huge overseas borrowing. America, in turn, said that the world should be thankful: by li...

by Joseph E. Stiglitz | On 17 Mar 2008

Stagflation Cometh

The good times may be ending. There have been worries for years about the global imbalances caused by America’s huge overseas borrowing. America, in turn, said that the world should be thankful: by li...

by | On 17 Mar 2008

Inclusive Growth - The Role of Banks in Emerging Economies

Speech describes India’s experiences on ‘Inclusive Growth’ - a topic which is both current and close to the hearts of public policymakers and central bankers of emerging economies. [Independence Comme...

by Usha Thorat | On 14 Mar 2008

Andhra Pradesh Budget 2008-09

SPEECH OF SRI K. ROSAIAH, HONOURABLE FINANCE MINISTER WHILE PRESENTING THE BUDGET FOR THE YEAR 2008-09 TO THE ANDHRA PRADESH STATE LEGISLATURE.

by Government Andhra Pradesh | On 10 Mar 2008

Key Features of Budget 2008-2009

Budget presented by Finance Minister

by P Chidambaram | On 29 Feb 2008

The Growth Record of the Indian Economy, 1950-2008: A Story of Sustained Savings and Investment

A review of the overall macroeconomic performance in India since independence, the prospects for the coming five years and finally the issues that need to be addressed for sustaining the growth of the...

by Rakesh Mohan | On 16 Feb 2008

Environmentally Sound Technologies for Sustainable Development of China and India

The paper compares policy responses of China and India to the global requirements of trade and environment regimes as well as the domestic compulsions are compared.

by Sankar U | On 11 Feb 2008

Speech of the Finance Minister at the Annual Economic Editors’ Conference

Shows how the macro economic variables of Indian Economy are performing.

by P Chidambaram | On 11 Feb 2008

Market Failure and the Poverty of New Drugs in Maternal Health

A new survey finds that only 17 drugs are under active development for maternal health indications, which is less than 3% of the pipeline in cardiovascular health (660 drugs). The international agenci...

by Nicholas M Fisk | On 30 Jan 2008

Visible Hand: Public Policy nd Economic Growth in the Nehru Era

This paper investigates the relationship between the policy regime and growth during 1950-64 termed here ‘the Nehru era’. While there exist valuable early appraisals of the period, access to new data...

by Pulapre Balakrishnan | On 28 Jan 2008

Strategy for India’s Services Sector: Broad Contours

A birds-eye-view of the issues for policy making in the services sector is given. This growth, employment and export oriented sector in India having a proven competitive advantage needs to be given it...

by H A C Prasad | On 18 Jan 2008

Intergrated Energy Policy

The report of the Expert Committee provides a broad overarching framework for guiding the policies governing the production and use of different forms of energy from various sources. It makes specific...

by Planning Commission, India | On 10 Jan 2008

Does Energy Consumption Fuel Economic Growth In India?

Whether energy use drives economic growth or vice versa in the Indian context during the period 1970-71 to 2004-05 is examined. Utilizing the Granger causality test, the study suggests that it is the...

by Hrushikesh Mallick | On 17 Dec 2007

De-couple from China

Chindia isa word that came up recently. There are comparisons between the two countries about their economic growth. But there are differences between the two countries.

by T.N. Ninan | On 13 Dec 2007

Urbanisation and Globalisation in the Twenty First Century: Emerging Challenges

The speech mainly gives insights into aspects like what is globalisation, urban growth in the next 30 years, new challenges of Globalisation for Cities, the poor that emerges along with the cities, th...

by Rakesh Mohan | On 06 Dec 2007

HDI in Context

The United Nations Development Programme has just put out its latest Human Development Report, containing the human development index (HDI) for 177 countries, with the data being for 2005. India ranks...

by T.N. Ninan | On 03 Dec 2007

The Growth Performance Of India’s Telecommunications Services Industry, 1991-2006. Can It Lead To The Emergence of a Domestic Manufacturing Hub?

A distinguishing aspect of the growth performance is that India now has five mobile phones for every one fixed telephone and the monthly additions to mobile subscribers are well over six million. Such...

by Sunil Mani | On 26 Nov 2007

‘A People United In Development’: Developmentalism In Modern Malayalee Identity

The attempt is to draw upon public sphere debates in Malayalee society in the immediate post-independence decades, more specifically on speech and writing accruing around the distinctiveness of Malaya...

by J Devika | On 23 Oct 2007

Monetary Policy Developments in India: An Overview

A review of the recent developments in the Indian Economy. Review of the trends in monetary policy challenges globally and for emerging market economies (EMEs) in particular. The monetary policy frame...

by Y V Reddy | On 10 Sep 2007

RBI Annual Report for 2006-07

Annual report of RBI for the year 2006-07

by Reserve Bank of India | On 31 Aug 2007

Sustainability of Indian Agriculture: Towards an Assessment

This paper presents a systemic framework to look at the prospects for sustainability of Indian agriculture. The framework is based on trends, indicators and assessment by experts spanning three domain...

by V.M. Rao | On 27 Aug 2007

The Indian Economy since Independence

India's has been a unique path of economic development—internally decided in a democratic framework, constantly debated between different ideologies and interest groups, and increasingly engaging wi...

by Vinod Vyasulu | On 21 Aug 2007

Predicting Indian Business Cycles: Leading Indices for External and Domestic Sectors

This paper evaluates the real-time performance of the growth rate of the DSE-ECRI Indian leading index for exports for predicting cyclical downturns and upturns in the growth rate of Indian exports. T...

by Pami Dua | On 14 Aug 2007

Business Cycles in India

This paper describes business and growth rate cycles with special reference to the Indian economy. It uses the classical NBER approach to determine the timing of recessions and expansions in the Ind...

by Pami Dua | On 08 Aug 2007

Employment and Poverty in India: 2000-2005

This paper is principally focused on the changes in the size and structure of work force and the changes in labour productivity, wages and poverty in India in the first quinquennuim of the 21st centur...

by K. Sundaram | On 30 Jul 2007

Economic Reforms, Capital Inflows and Macro Economic Impact in India

The effects of the inflows of private foreign capital on some major macroeconomic variables in India are analyzed using quarterly data for the period 1993-99. Cointegration test and The Granger Causal...

by Indrani Chakraborty | On 11 Jul 2007

Think Productivity

Export growth and rate of increase in bank credit have slowed down, oil prices are very high, becasuse of the interest rate hike, housing demand has reduced. Even though Sensex has crossed 15000, GDP...

by T.N. Ninan | On 10 Jul 2007

The Trade-Off Among Carbon Emissions, Economic Growth and Poverty Reduction in India

This study examines the consequences of a) a domestic carbon tax policy, and, b) participation in a global tradable emission permits regime on carbon emissions, Gross Domestic Product (GDP), and pover...

by Vijay Prakash Ojha | On 07 Jul 2007

Is India Better off Today Than 15 Years Ago? A Robust Multidimensional Answer

This paper provides a robust normative evaluation of the spectacular growth episode that India has experienced in the last 15 years. Specifically, the paper compares the evolution, between 1988, 1996...

by Nicolas Gravel | On 06 Jul 2007

Reading Sraffa: The Philosophical Underpinnings of Production of Commodities by Means of Commodities

It is argued that that both the Sraffians’ interpretation based on the classical notion of centre of gravitation as well as the neoclassical interpretation based on the supposedly implicit assumption...

by Ajit Sinha | On 26 Jun 2007

Growth Data: What's the Real Story

What will be the country’s real growth story after the data revision?

by Savita Kulkarni | On 19 Jun 2007

Other Side of ‘Growth’ Emerging Health Concerns in Punjab

Environmental problems, partly a consequence of the rapid growth strategy adopted by the state are looming large. With public health services deteriorating rapidly, there is cause for concern and som...

by Varinder Jain | On 18 Jun 2007

Industrial Growth in Kerala: Trends and Explanations

The study traces the trends in industrial growth against the backdrop of the overall economic growth in Kerala under the influence of the ongoing economic reforms and evaluates it against the performa...

by KK Subrahmanian | On 14 Jun 2007

Book Review: Quick Overview

Review of : India’s Long-Term Growth Experience: Lessons and Prospects by Sadiq Ahmed. Sage India, New Delhi, February 2007.

by S. Chandrasekhar | On 31 May 2007

China-India and the Global Talent shortage

Economic growth in China and India is exponentially increasing the global demand for skills. In turn, this will cause a severe talent shortage in the world over the next few years. What does this...

by Sanjeev Sanyal | On 02 Apr 2007

Agricultural Development In Maharashtra: Highlights Of Growth Patterns And Policy Implications

The growth performance of agriculture in Maharashtra was highly impressive is the early part of the green revolution period but deteriorated after 1980-81. the severe set back to growth in yield per h...

by Sawant S D | On 22 Mar 2007

Agricultural Development and Sources of Output Growth in Maharashtra State

An attempt has been made to analyse agricultural growth and the contribution of various components to the overall output growth of the Maharashtra State for the period from 1961-62 to 1997-98. It is o...

by Shrikant Kalamkar | On 02 Mar 2007

Union Budget 2007-08: What May We Expect?

It is unrealistic to expect all problems to be solved in one budget. But it is possible for one budget to do a great deal of damage.

by Vinod Vyasulu | On 27 Feb 2007

Union budget 2007-08: What May We Expect?

It is unrealistic to expect all problems to be solved in one budget. But it is possible for one budget to do a great deal of damage

by Vinod Vyasulu | On 27 Feb 2007

Implications of Market and Coordination Failures for Rural Development in Least Developed Countries

This paper examines core features of poor rural areas, the nature of coordination problems faced by different potential economic actors, the impacts of these problems on markets and economic developme...

by Jonathan Kydd | On 22 Dec 2006

Chasing the dragon: Accounting for the under-performance of India by comparison with China in attracting foreign direct investment

This paper compares and contrasts the performance of India and China in attracting foreign direct investment (FDI). Both economies are large emerging markets that had rather similar profiles in 1978....

by John S Henley | On 22 Dec 2006

Three Conundrums in Measuring Poverty with a Changing Population

This note considers income distribution at two points in time where the population has also changed in some way, constructing three scenarios—population growth, population decline, and a constant popu...

by Ravi Kanbur | On 04 Dec 2006

Take-off

The world economy is slowing down, the commodity sector is headed for bleaker times, the downswing phase of the business cycle could see problems emerge that are hidden during the good times, protecti...

by T.N. Ninan | On 01 Oct 2006

An Approach to the 11th Five Year Plan: Towards Faster and More Inclusive Growth

The 11th Plan provides an opportunity to restructure policies to achieve a new vision of growth that will be much more broad based and inclusive, bringing about a faster reduction in poverty and hel...

by Planning Commission | On 19 Jul 2006

The Wealth of Cities: Towards an Assets-based Development of Newly Urbanizing Regions

The argument in this paper is in four parts: First, the author suggests that we can no longer treat cities apart from the regions surrounding them with which they are intensively entwined. Second, t...

by John Freidman | On 13 Jul 2006

Why Are We Still Arguing about Globalisation

This paper addresses the following question: why are we still arguing about globalisation? It analyses the recent evolution of debates relating to the impact of globalisation on poverty and economic...

by Andrew Sumner | On 02 Jun 2006

Integrating poverty reduction in IMF-World Bank Models

This paper outlines the Fund-Bank analytical frameworks and presents a critical appraisal indicating the importance of both demand and supply constraints in the countries undertaking Fund adjustment p...

by Brigitte Granville | On 27 Apr 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

India’s Post-Liberalisation Growth Experience: An Analysis by the Demand Components

This paper tries to examine the sustainability aspect of the rate of growth (rog) in recent years, designated as ‘the second phase of liberalisation’. This paper is based on the Keynesian framework wh...

by Anamitra Roychowdhury | On 29 Mar 2006

The Budget, Outlays, and Inequality

Growth, or more accurately, the quality of growth, is intricately linked to inequality and so the Finance Minister and the government need to do more by addressing problems of governance as well. htt...

by Errol D'souza | On 06 Mar 2006

The Budget, Outlays, and Inequality

Growth, or more accurately, the quality of growth, is intricately linked to inequality and so the Finance Minister and the government need to do more by addressing problems of governance as well.

by Errol D'souza | On 06 Mar 2006

Economic Survey 2005-06, Chapter 8

Agriculture

by Ministry of Finance | On 27 Feb 2006

Economy Survey 2005-06, Chapter 7

Industry

by Ministry of Finance | On 27 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

What’s Social Policy Got To Do With Economic Growth?

So what’s social policy got to do with economic growth? Quite a lot, it would appear, if one takes the results of cross-country growth regressions at face value, as they are by many social policy anal...

by Ravi Kanbur | On 03 Feb 2006

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

India: From White Collar to Blue

India has joined China as the darling of the global investor community. Much of this is well deserved since 14 years of economic reform have genuinely transformed the economy. However, the main driver...

by Sanjeev Sanyal | On 09 Dec 2005

Demographics And Global Savings Glut

There is growing evidence that demographic changes have played an important role in driving Asia’s economic transformation by generating high savings rates.In this report, the author argues that high...

by Sanjeev Sanyal | On 01 Sep 2005

Growth Of Employment And Output Of Organised Manufacturing Sector In India: An Inter State Analysis

Since economic liberalisation the states in India are making a concerted efforts to improve industrial performance in the state. On the basis of ASI data, Haryana, Rajasthan, Punjab, Tamil Nadu, Andh...

by G Burange | On 05 Aug 2005