Related Articles

Matching keywords : marginal, farmers, market, surplus, availability

Tribute: Ela Bhatt

Tribute to Ela Bhatt, the visionary leader of marginalised women

by Vibhuti Patel | On 10 Nov 2022

“If you compete with us, we shan't marry you” : The (Mary Paley and) Alfred Marshall Lecture

Alfred Marshall and Mary Paley Marshall are often described as the first academic economist couple. Both studied at Cambridge University, where Paley became one of the first women to take the Tripos e...

by | On 15 Nov 2021

Urban Development Perspectives of Affordable Housing Strategy

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

by Narayanan Edadan | On 08 Oct 2020

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

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

by T.N. Ninan | On 16 Aug 2020

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

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

by T.N. Ninan | On 21 Jun 2020

Real is radical: Drop subsidies, offer basic minimum income to farmers

You could run a sensible subsidy and price support system at a fraction of today's cost, and still have enough money left over to offer a more generous income support to all farmers.

by T.N. Ninan | On 02 Jun 2020

Urban Food Markets and the Lockdown in India

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

by Sudha Narayanan | On 06 May 2020

Emerging Markets Perspectives on G-20 led Financial Reforms

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

by Ashima Goyal | On 25 Apr 2019

When do regulatory interventions work?

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

by Nidhi Aggarwal | On 25 Apr 2019

Price Discovery in Indian Government Securities Market, Monetary Management and the Cost of Government Borrowing

Over 2017-18 there was a sharp rise in Indian government securities (G-Secs) interest rates unrelated to fundamentals. Examining each of the standard explanatory variables shows them to be inadequate...

by Ashima Goyal | On 29 Mar 2019

Free To Be Mobile

What do we talk about when we talk about technology-enabled violence? We mostly talk about online violence, or violence on the internet. Verbal abuse. Rape threats. Images spreading without consent. S...

by Point of View . | On 12 Mar 2019

Skill Mismatch and Returns to Education in Manufacturing: A Case of India’s Textile and Clothing Industry

The paper attempts to measure the incidence and extent of skill/education mismatch and analyse the economic returns/cost to over/under education in one of India’s largest labour intensive industries:...

by Prateek Kukreja | On 04 Feb 2019

The Growing Importance of Consumer Finance for Financial Inclusion in India

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

by Saon Ray | On 03 Feb 2019

Explaining the contractualisation of India’s workforce

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

by Radhicka Kapoor | On 03 Feb 2019

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

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

by Katja Hanewald | On 03 Feb 2019

Changing Structure of Employment in Indian States

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

by A.V. Jose | On 01 Feb 2019

Globalization and the Re-Articulations of the Local: A Case Study from Kerala’s Midlands

This paper is a preliminary attempt to understand globalisation and social transformation in the rural Kerala. It addresses the socioeconomic changes in a village in the mid-land region of Kerala name...

by Mijo Luke | On 31 Jan 2019

The Way Forward for Personal Insolvency in the Indian Insolvency and Bankruptcy Code

This paper describes the Indian credit market and presents an argument for the need for personal insolvency law. It provides a brief overview of the provisions on personal insolvency in the IBC. It ma...

by Renuka Sane | On 30 Jan 2019

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

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

by Daniele Ponzi | On 29 Jan 2019

Responses to Trade Opening: Evidence and Lessons from Asia

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

by Devashish Mitra | On 22 Jan 2019

Exporting and Firm Performance: Evidence from India

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

by Apoorva Gupta | On 12 Jan 2019

Services Policies and Manufacturing Exports

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

by Ben Shepherd | On 28 Dec 2018

Competition in Two Sided Markets with Congestion

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

by Swapnil Sharma | On 27 Dec 2018

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

Indian Banks and the Prevention of Corruption Act: Freedom and Discipline

Selfless activists like Mr. Pai teach us the importance of continuously interrogating the functioning of our democracy. The NPA issue has persisted for almost a decade. It has eroded the profitability...

by Ashima Goyal | On 29 Oct 2018

Do Local Currency Bond Markets Enhance Financial Stability?

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

by Donghyun Park | On 26 Oct 2018

Strong Regulation of Medical Products: Cornerstone of Public Health and Regional Health Security

National regulatory agencies (NRAs) are the gatekeepers of the supply chain of medical products such as pharmaceuticals and medical devices. It is through registration with an NRA that a manufacturer...

by Susann Roth | On 09 Oct 2018

Demand for Information on Environmental Health Risk, Mode of Delivery, and Behavioral Change: Evidence from Sonargaon, Bangladesh

Lack of access to reliable information on environmental exposure limits opportunities for risk avoiding behavior, particularly in developing countries. Private markets could potentially play a role in...

by Ricardo Maertens | On 04 Oct 2018

The Changing Network of Financial Market Linkages: The Asian Experience

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

by Biplob Chowdhury | On 21 Sep 2018

Rationale and Institution for Public – Private Partnerships

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

by Jungwook Kim | On 19 Sep 2018

Bribes vs. Taxes: Market Structure and Incentives

Firms in developing countries often avoid paying taxes by making informal payments to tax officials. These bribes may raise the cost of operating a business, and the price charged to consumers. To dec...

by Francesco Amodio | On 17 Sep 2018

Financial Market Integration and Income Inequality

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

by Jae wook Jung | On 11 Sep 2018

Is Employment Globalizing?

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

by Liming Chen | On 10 Sep 2018

Misallocation in the Market for Inputs: Enforcement and the Organization of Production

The strength of contract enforcement determines how firms source inputs and organize production. Using microdata on Indian manufacturing plants, it shows that production and sourcing decisions appear...

by Johannes Boehm | On 03 Sep 2018

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

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

by Guangyu Cao | On 01 Sep 2018

Green Energy Finance in India: Challenges and Solutions

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

by Gopal K. Sarangi | On 24 Aug 2018

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

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

by Vivek Rao | On 24 Aug 2018

Evaluating India's Exchange Rate Regime Under Global Shocks

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

by Ashima Goyal | On 24 Aug 2018

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

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

by Hooman Peimani | On 16 Aug 2018

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

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

by Suk Hyun | On 10 Aug 2018

Building Food Security in Asia through International Agreements on Rice Reserves

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

by Asian Development Bank Institute | On 10 Aug 2018

Enabling Smart Urban Redevelopment in India through Floor Area Ratio Incentives

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

by Apoorva Shenvi | On 25 Jul 2018

Short-term Migration in Rural India: The Impact of Nature and Extent of Participation in Agriculture

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

by S. Chandrasekhar | On 25 Jul 2018

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

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

by Rajeswari Sengupta | On 25 Jul 2018

Fiscal policy Conditions for Government Budget Stability and Economic Recovery: Comparative Analysis of Japan and Greece

This paper first shows that the Domar condition is obtained only from the government budget constraint (namely the supply of government bonds) and does not take into account the demand for government...

by Naoyuki Yoshino | On 19 Jul 2018

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

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

by Savia Hasanova | On 19 Jul 2018

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

Countering the Discriminatory Impact of Minimum Wages Against Disadvantaged Workers: Literature Review and Experimental Design Development

This research reviews the global experience on initiatives to counter the discriminatory impact of LMW and related labor regulations. It also summarizes the analyses done to date for similar programs...

by Aniceto C. Orbeta Jr. | On 03 Jul 2018

Stock Market Trading in the Aftermath of an Accounting Scandal

This paper studies the impact of fraud revelation on trading behaviour of investors. It ask, if investors with direct exposure to stock market fraud (treated investors) are more likely to cash out of...

by Renuka Sane | On 20 Jun 2018

Status of Labour Rights in Pakistan 2016

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

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

Trade Costs, Time, and Supply Chain Reliability

This paper uses measures of international transport time, in median and standard deviation, based on shipment-level data from the Universal Postal Union, to analyze the effect of time on trade costs....

by Utsav Kumar | 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

Empirical Analysis of Factors Influencing Price of Solar Modules

The solar energy market has seen huge growth in recent years with a vast increase in solar cumulative capacity worldwide. One of the key drivers behind this growth is the decline in solar module price...

by Farhad Taghizadeh-Hesary | On 11 Jun 2018

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

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

by Sayuri Shirai | On 07 Jun 2018

Global Banking Network and Regional Financial Contagion

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

by Cyn Young Park | On 31 May 2018

Need for Bridging a Gap Between Agriculture and Manufacturing Sector

Jayshree Sengupta is a Senior Fellow (Associate) working with Observer Research Foundation’s Economy and Development Programme. Her work focuses on the Indian economy and development, regional coope...

by Jayshree Sengupta | On 25 May 2018

Vertical Integration, Market Structure and Competition Policy: Experiences of Indian Manufacturing Sector during the Post - Reform Period

In the context of declining degrees of vertical integration in major industries of Indian manufacturing sector during the post - reform period, the present paper is an att...

by Pulak Mishra | On 15 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

The Role of Plant-Breeding R&D in Tractor Adoption among Smallholders in Asia: Insights from Nepal Terai

Combining agricultural census data from Nepal from 2001 and 2011 with various spatial agroclimatic data, we show that increase in yield potentials due to the introduction of high-yield technologies ...

by Hiroyuki Takeshima | On 27 Apr 2018

Forward Guidance

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

by Marcus Hagedorn | On 24 Apr 2018

The Impact Of The EU IUU Regulation On Seafood Trade flows: Identification of Intra-EU Shifts in Import Trends Related to the Catch Certification Scheme and Third Country Carding Process

Previous studies have shown how analyses of publicly available fisheries trade datasets – whether the analysis of a single dataset or comparative analysis between two or more datasets – can support th...

by Environmental Justice Foundation (EJF) | On 10 Apr 2018

Education and Earnings In Pakistan

The conventional theory of human capital developed by Becker (1962) and Mincer (1974) views education and training as the major sources of human capital accumulation that, in turn, have direct and pos...

by Zafar Mueen Nasir | On 29 Mar 2018

The Geography of Patenting in India: Patterns and Determinants

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

by Jaya Prakash Pradhan | On 29 Mar 2018

Understanding Gendered Empowerment Through a Government-run Microfinance Programme: The case of Stree Shakti in Karnataka

The report indicated a widespread stagnation of women’s work participation in poorer districts, a narrowing of their work, income, prospects and opportunities, growing wage differentials between men a...

by Centre for Budget and Policy Studies CBPS | On 23 Mar 2018

Status of Labour Rights in Pakistan 2015

The PILER 2015 Report on the Status of Labour Rights, fifth in the series, based on secondary research, aims to present an overview of the status of labour and the issues in the year impacting labour...

by Pakistan Institute of Labour Education & Research (PILER) | On 21 Mar 2018

Underground Economy and Tax Evasion in Pakistan: A Critical Evaluation

The paper says that the tax evasion refers to all the illegal actions taken to avoid the lawful assessment of taxes.

by M. Ali Kemal | On 21 Mar 2018

Trade, Technology, and Prosperity An Account of Evidence from a Labor-market Perspective

This report assesses the state of economic research into those areas, with a particular focus on empirical methodologies and their adequacy for an assessment of general-equilibrium outcomes. While di...

by Marc-Andreas Muendler | On 20 Mar 2018

A New Model of Mergers and Innovation

This paper reexamines the impact of merger on innovation. Unlike as in Federico et al (2017), it considers the scenario where merged firms combine their research labs. It shows that, in equilibrium, e...

by Piuli Roy Chowdhury | On 14 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

Measuring the Equilibrium Impacts of Credit: Evidence from the Indian Microfinance Crisis

In October 2010, the state government of Andhra Pradesh, India issued an emergency ordinance, bringing microfinance activities in the state to a complete halt and causing a nation-wide shock to the li...

by Emily Breza | On 10 Mar 2018

Managing Financial Globalization: Insights from the Recent Literature

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

by Shang-Jin Wei | On 10 Mar 2018

Towards Strengthening the Role of Employers in Skill Development

The paper focuses on the educational/skill level of the workforce, and on what needs to be done, especially by registered sector employers to address the labour market educational/skills challenge.

by Santosh Mehrotra | On 09 Mar 2018

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

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

by | On 27 Feb 2018

Labour Migration to Kerala: A Study of Tamil Migrant Labourers in Kochi

The study concludes that the migrant labourers get much higher monetary wages than in their native places.

by Surabhi K.S. | On 27 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

Social Rewards and the Design of Voluntary Incentive Mechanism for Biodiversity Protection on Farmland

The paper examines how endogenous social preferences could affect economic incentive design to encourage biodiversity protection on private land. A 'green' farmer may enjoy esteem from leading by exam...

by Rupayan Pal | On 22 Feb 2018

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

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

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

What Explains Current Account Surplus in Korea?

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

by Han Chirok | On 01 Feb 2018

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 Effects of Anti-Dumping Duties: Protectionist Measures or Trade Remedies?

This paper also investigated whether an anti-dumping duty is terminated in the case that the injury would not be likely to continue or recur if the duty were removed.

by | On 31 Jan 2018

Green Paper on Farmers, Farming and Rural Economy: 4 Years… 4 Budgets: What has this Central Government Delivered?

most of the major policy measures promised by this government to the Indian farmers have not seen the light of the day. No social security measures have been taken for farmers above the age of 60 or...

by ASHA Kisan Swaraj Alliance | On 31 Jan 2018

Ecommerce and Firm Performance: Evidence from Korea

The paper aims to characterize and test performance differences between ecommerce and non-ecommerce firms or establishments.

by Lee Yub | On 26 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

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

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

by | On 07 Jan 2018

Exploring Components and Elements of Sui Generis Systems for Plant Variety Protection and Traditional Knowledge in Asia

The main objective of this paper is to outline components and elements of sui generis Plant Variety Protection (PVP) systems and measures to protect traditional knowledge (TK) based on recent experien...

by Daniel Robinson | On 27 Dec 2017

How Regulation and Standards Can Support Social and Environmental Dynamics in Global Value Chains

This paper explores the policy measures that will best lead to the most positive outcomes as standards diffuse through global value chains.

by Raphael Kaplinsky | On 26 Dec 2017

Effects of Financial Market Imperfections on Indian Firms‘ Exporting Behavior

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

by Hiro Ito | On 21 Dec 2017

Effective Public Investments to Improve Food Security

This paper focuses on public investments to improve food security can be placed into five broad categories.

by Livia Bizikova | On 18 Dec 2017

India’s Bond Market— Developments and Challenges Ahead

While India boasts a world-class equity market and increasingly important bank assets, its bond market has not kept up. The government bond market remains illiquid. The corporate bond market, in addit...

by | On 14 Dec 2017

Vertical Integration, Market Structure and Competition Policy: Experiences of Indian Manufacturing Sector during the Post-Reform Period

In the context of declining degrees of vertical integration in major industries of Indian manufacturing sector during the post-reform period, the present paper is an attempt to examine how such ‘verti...

by Pulak Mishra | On 11 Dec 2017

Impact of India's Demonetization on Domestic Agricultural Markets

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

by Nidhi Aggarwal | On 10 Dec 2017

Creating Good Employment Opportunities for the Rural Sector

This paper examines the potential for sector-specific productivity growth, human capital, credit markets, and infrastructure to contribute to the development of stable, well-paid employment in rural a...

by | On 20 Nov 2017

Labor Market Engagement and the Health of Working Adults: Evidence from India

This paper examines the effect of occupational engagement and work intensity on the weight of urban working women and men in India. Using nationally representative data, a variety of specifications th...

by Archana Dang | On 14 Nov 2017

Management of Capital Flows in India

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

by Abhijit Sen Gupta | On 13 Nov 2017

Housing Markets and Housing Policies in India

Issues of housing in India are synonymous with ignorance of housing in active government involvement at the policy and program formulation levels. They are also due to the problems that unplanned urba...

by | On 13 Nov 2017

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

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

by Chandan Singha | On 07 Nov 2017

Price Discovery in some Primary Commodity Markets in India

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

by Raushan Kumar | On 07 Nov 2017

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

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

by Shahid Raza | On 31 Oct 2017

Marginality, Suffering, Justice: Questions of Dalit Dignity in Cultural Texts

Dalit dignity is organized around caste-determined labour that fits them into hierarchies of social dignity but which, in savage irony, renders them undignified as humans through social death. Second,...

by Pramod K. Nayar | On 31 Oct 2017

New Issues Puzzle: Experience from Karachi Stock Exchange

Study finds that both groups of IPOs outperforms on first trading day, as average initial market adjusted returns of SOE and non-SOE IPOs are 27.65 percent and 22.53 percent respectively.

by Henna Malik | On 30 Oct 2017

How Acute is Skill Scarcity in Indian Manufacturing ? Emerging Contours

This paper investigates the nature of skill formation in Indian Manufacturing. Discussing household, personal, and labour market characteristics of manufacturing employment in India, the study discus...

by G.D Bino Paul | On 10 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

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

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

by S. Chandrasekhar | On 03 Oct 2017

East Asian Financial and Economic Development

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

by Randall Morck | On 25 Sep 2017

Watching India's Insolvency Reforms: A New Dataset of Insolvency Cases

This paper introduces a new dataset of orders passed by the National Company Law Tribunal (NCLT) in the insolvency cases under the Insolvency and Bankruptcy Code or IBC. It builds this dataset to atte...

by Sreyan Chatterjee | 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

Monetary Transmission in India: Working of Price and Quantum Channels

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

by Ashima Goyal | On 15 Sep 2017

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

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

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

by Meenakshi Rajeev | On 11 Sep 2017

Analyzing housework through family and gender perspectives

This Policy Note analyzes the role of wage and attitudes toward gender roles within the family in determining the time allocated to housework.

by Connie Bayudan-Dacuycuy | On 08 Sep 2017

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

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

by Manmohan Agarwal | On 06 Sep 2017

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

Culture and Food Security

This paper reviews available cross-disciplinary evidence on how culture affects food security. We discuss the impact of culture on all four dimensions (availability, access and choice, utilization, a...

by Elena Briones Alonso | On 31 Aug 2017

Migration in the 2030 Agenda

This report narrates that it is a matter of record that migration was not included in the 2000 Millennium Development Goals (MDGs) framework

by Gervais Appave | On 30 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

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

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

by Renu Kohli | On 23 Aug 2017

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

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

by Akash Acharya | On 22 Aug 2017

Indian Labour Market and Position of Women: Gender Pay Gap in the Indian Formal Sector.

This paper quantifies the magnitude of gender-based disparities that women face in the organized sector of the Indian Labour Market.

by Biju Varkkey | On 21 Aug 2017

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

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

by Catalina Amuedo-Dorantes | On 17 Aug 2017

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

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 Working Group on Resolution Regime for Financial Institutions

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

by Reserve Bank of India RBI | On 08 Aug 2017

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

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

by Securities Board of India | On 04 Aug 2017

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

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

by Snehal S. Herwadkar | On 04 Aug 2017

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

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

by Reserve Bank of India RBI | On 03 Aug 2017

Approaches to Low Carbon Development in China and India

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

by Shailly Kedia | On 03 Aug 2017

What Explains Call Money Rate Spread in India?

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

by Sunil Kumar | On 03 Aug 2017

Reviving and Accelerating India's Exports: Policy Issues and Suggestions

This paper based on both desk research and interactions with stakeholders makes a comparative analysis of trade of world, India and its trading partners; examines the various dimensions of India’s t...

by H.A.C. Prasad | On 03 Aug 2017

The WTO Agreements Series: Agriculture

The publication includes the Agriculture Agreement as well as the decisions taken on agriculture at the 2013 Bali Ministerial Conference and the 2015 Nairobi Ministerial Conference.

by World Trade Organisation WTO | On 02 Aug 2017

Mapping the cotton value chain in Pakistan: A preliminary assessment for identification of climate vulnerabilities & pathways to adaptation

This approach was chosen to understand the consequences of climate risks as well as the adaptation measures needed to cope with adverse impacts in order to ensure the resilience of all actors involved...

by Samavia Batool | On 01 Aug 2017

Rethinking Electricity Sector Reform in Developing Asia: Balancing Economic and Environmental Objectives

The OECD or ‘standard’ model of electricity sector reforms has been widely adopted in non-OECD Asian countries since the 1990s. However, despite two decades of attempts at reforms, no notable progress...

by Tooraj Jamasb | On 31 Jul 2017

Regional Comprehensive Economic Partnership Agreement: Need for a Strategy

RCEP member countries cover half the world population, 30 per cent of world GDP and a quarter of world trade. The regional grouping has several countries including China whose economies are among th...

by V Seshadri | On 31 Jul 2017

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

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

by Ryan Nehring | On 28 Jul 2017

Fuel Blending in India: Learnings and Way Forward

The expert paper further estimates significant potential for an overall improvement in balance of trade with increased blending in the context of an expected recovery in global crude oil prices.

by Center for Study of Science, Technology and Policy CSTEP | On 27 Jul 2017

Village Transportation Infrastructure and Women’s Non-agricultural Employment in India: The Conditioning Role of Community Gender Context

Previous studies have examined how demographic characteristics, education, culture, and labor policy suppress Indian women’s labor supply. However, not enough attention has been paid to the role of po...

by Lei Lei | On 27 Jul 2017

Overview of the Evolution of Agricultural Mechanization in Nepal: A Focus on Tractors and Combine Harvesters

This study was conducted to understand the evolution of agricultural mechanization in Nepal, specifically its determinants on both the demand and supply sides, as well as impacts on agricultural prod...

by Hiroyuki Takeshima | On 26 Jul 2017

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

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

by Nanda Kaji Budhathoki | On 25 Jul 2017

Asia Bond Monitor - June 2015

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

by Asian Development Bank Institute | On 24 Jul 2017

Stock Market Participation in the Aftermath of an Accounting Scandal

This paper studies the impact on investor behaviour of fraud revelation. The paper ask if investors with direct exposure to stock market fraud (treated investors) are more likely to decrease their par...

by Renuka Sane | On 22 Jul 2017

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

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

by Asian Development Bank Institute | On 21 Jul 2017

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

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

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

by Asian Development Bank Institute | On 20 Jul 2017

Local Currency Bonds and Infrastructure Finance in ASEAN+3

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

by Asian Development Bank Institute | On 18 Jul 2017

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

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

by Asian Development Bank Institute | On 12 Jul 2017

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

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

by Asian Development Bank Institute | On 11 Jul 2017

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

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

by Asian Development Bank Institute | On 11 Jul 2017

Implementation of the ASEAN+3 Multi-Currency Bond Issuance Framework: ASEAN+3 Bond Market Forum Sub-Forum 1 Phase 3 Report

The report says that the ASEAN+3 Multi-Currency Bond Issuance Framework (AMBIF) is a policy initiative under the Asian Bond Markets Initiative (ABMI) to help facilitate intraregional transactions thro...

by Asian Development Bank Institute | On 11 Jul 2017

Financial Soundness Indicators for Financial Sector Stability in Georgia

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

by Asian Development Bank Institute | On 07 Jul 2017

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

Climate Change, Food Security, and Socioeconomic Livelihood in Pacific Islands

The results of the study indicate that climate change will likely have significant negative impacts on agricultural output in Fiji, Papua New Guinea, and Solomon Islands.

by M.W. Rosegrant | On 05 Jul 2017

Fossil Fuel Subsidies in Indonesia: Trends, Impacts, and Reforms

This study measures the size of fossil fuel subsidies such as underpricing of petroleum products and electricity, tax exemptions, and subsidized credit; examines the potential economic, energy, and en...

by Asian Development Bank Institute | On 04 Jul 2017

Fossil Fuel Subsidies in Thailand: Trends, Impacts, and Reforms

This study measures the size of fossil fuel subsidies such as tax breaks for diesel and natural gas, market price support for natural gas for vehicles, and free electricity for low-income consumers as...

by Asian Development Bank Institute | On 04 Jul 2017

Asia Bond Monitor - November 2015

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

by Asian Development Bank Institute | On 29 Jun 2017

Fiji: Building Inclusive Institutions for Sustained Growth

This study, using an inclusive growth framework, has identified the critical constraints that Fiji needs to address to strengthen investor sentiment even further and achieve inclusive growth.

by Asian Development Bank Institute | On 27 Jun 2017

Asia Bond Monitor - June 2017

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

by Asian Development Bank Institute | On 23 Jun 2017

Achieving Skill Mobility in the ASEAN Economic Community: Challenges, Opportunities, and Policy Implications

This report examines the challenges ASEAN member states face in achieving the goal of greater mobility for the highly skilled, including hurdles in recognizing professional qualifications, opening up...

by Demetrios G. Papademetriou | On 16 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

Emissions Trading Schemes and Their Linking: Challenges and Opportunities in Asia and the Pacific

The report as that there are currently 17 emissions trading systems (ETS) in place in four continents and account for nearly 40% of global gross domestic product. In Asia and the Pacific region, there...

by Asian Development Bank Institute | On 12 Jun 2017

Asia Bond Monitor - June 2016

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

by Asian Development Bank Institute | On 06 Jun 2017

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

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

by Asian Development Bank Institute | On 06 Jun 2017

ASEAN Corporate Governance Scorecard Country Reports and Assessments 2014

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

by Asian Development Bank Institute | On 05 Jun 2017

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

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

by Asian Development Bank Institute | On 02 Jun 2017

Myanmar Transport Sector Policy Note: Railways

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

by Asian Development Bank Institute | On 31 May 2017

Myanmar Transport Sector Policy Note: River Transport

Myanmar has an extensive river network that is well positioned to serve the country’s main transport corridors, including the link between Yangon and Mandalay. However, main rivers are difficult to na...

by Asian Development Bank Institute | On 31 May 2017

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

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

by Asian Development Bank Institute | On 30 May 2017

Envisioning Tax Policy for Accelerated Development in India

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

by M. Govinda Rao | On 26 May 2017

Competition Issues in India's Online Economy

The world of high technology companies is seen as a dynamic area with a rapid pace of creative destruction. There is, however, a class of industries where there are strong network effects, where the m...

by Smriti Parsheera | On 25 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

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

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

by Indrani Chakraborty | On 19 May 2017

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

ASEAN+3 Bond Market Guide 2016: Japan

The paper narrates that the Government of Japan raises significant amounts from domestic capital markets to finance government expenditures, mainly through the issuance of Japanese Government Bonds (J...

by Asian Development Bank Institute | On 16 May 2017

ASEAN+3 Bond Market Guide 2016: Malaysia

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

by Asian Development Bank Institute | On 16 May 2017

ASEAN+3 Bond Market Guide 2016: Singapore

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

by Asian Development Bank Institute | On 15 May 2017

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

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

by Asian Development Bank Institute | On 11 May 2017

Asia Bond Monitor - November 2016

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

by Asian Development Bank Institute | On 11 May 2017

Asian 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

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

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

by Asian Development Bank Institute | On 09 May 2017

Bangladesh: Development Effectiveness Brief 2017

The project has dramatically changed the life of Rabeya Sultana, chair of the women-led slum improvement committee formed under the project in Cox's Bazar. "Managing people and money gave me more co...

by Asian Development Bank Institute | On 08 May 2017

Asia Bond Monitor - March 2017

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

by Asian Development Bank Institute | On 05 May 2017

The informational role of algorithmic traders in the option market

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

by Rohini Grover | On 04 May 2017

The Long Road to Transformation of Agricultural Markets in India: Lessons from Karnataka

This paper examines Karnataka's pioneering agricultural output marketing reforms with the twin goals of assessing the state and challenges of implementation and to glean lessons from Karnataka's expe...

by Nidhi Aggarwal | On 02 May 2017

Labor Market Institutions and the Future of Work: Good Jobs for All?

Work and employment around the globe change continuously, but there are potentially more rapid and fundamental transformations ahead as new technologies can have major impact on what jobs will exist i...

by | On 27 Apr 2017

Women at Work

Throughout their working lives, women continue to face significant obstacles in gaining access to decent work. Only marginal improvements have been achieved since the Fourth World Conference on Women...

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

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

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

by | On 30 Mar 2017

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

Cognitive Skills, Noncognitive Skills, and School-to-Work Transitions in Rural China

Economists have long recognized the important role of formal schooling and cognitive skills on labor market participation and wages. More recently, increasing attention has turned to the role of perso...

by | On 16 Mar 2017

Budget 2017-18: Business as Usual

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

by M Govinda Rao | On 10 Mar 2017

Poverty Targeting Through Public Goods

In national accounts, government expenditures are used to measure the value of public spending. These expenditures grossly overestimate the value of services received by Indian households because th...

by Anders Kjelsrud | On 01 Mar 2017

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

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

by | On 01 Mar 2017

Odisha Agriculture Budget : 2017-18

The first part is the Agriculture Budget, which not only covers the outlay and programmes relating to Agriculture and allied activities, but also presents the macro-economic outlook as well as the...

by Pradip Kumar Amat | On 01 Mar 2017

Identity and Marginality in North East India: Challenges for Social Science Research

Conceptualising the Northeast as a singular territory is problematic. But this construction determines the way the region is governed by the Indian state that propagates the idea of a shared identity...

by N. Atungbo | 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

Latest Highlights of Union Budget Rally 2017

These are the latest union budget highlights. Gear up to enjoy subsidies, pay newer taxes and enjoy greater freedom, as that covers a major part of the Union Budget 2017.

by | On 01 Feb 2017

Jalli Kattu – Primitivity Amidst Modernity?

Jalli Kattu however glorified is a brutal sport for both the players and sometimes even to the sadistic crowd. It is one of the cultural markers of manliness and to express Bravery during civil times...

by K.R. Shyam Sundar | On 13 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

Inequalities in Secondary Education: Rashtriya Madhyamik Shiksha Abhiyan

Secondary education is an important stage in the school education ladder as it equips students with skills important for higher education and the labour market. Besides helping students to choose diff...

by | On 10 Jan 2017

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

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

by | On 10 Jan 2017

Local Institutional Structure and Clientelistic Access to Employment: The Case of MGNREGS in Three States of India

This work is a contribution, first, toward measuring and characterizing some features of rural clientelistic institutions and then toward exploring its impact on household access to an employment sc...

by Anindya Bhattacharya | On 30 Dec 2016

Impact of Climate Change on Rainfed Agriculture in India: A Case Study of Dharwad

The impact of climate change is studied in many aspects in different locations in the country and it is concluded that there is high impact on agriculture compared to any other sector in the country....

by | On 28 Dec 2016

Cost of Controlling Water Pollution and its Impact on Industrial Efficiency

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

by Asha Gunawardena | On 23 Dec 2016

The State of India's Pulses Sector

Pulses in India have recently become a topic of concern among policymakers. Members of the Opposition, for instance, have pointed to the 'exceptionally high' cost of certain pulses as an indication of...

by | On 15 Dec 2016

Impacts of the Training and Visit Extension System on Farmers' knowledge and Adoption of Technology: Evidence from Pakistan

This paper provides quantitative evidence on the impact of the Training and Visit (T & V) extension system in the irrigated Punjab of Pakistan. Three models are analyzed using limited dependent variab...

by Paul Heisey | On 08 Dec 2016

Government’s Role in India’s Ailing Cold Storage Sector

Every year, India wastes about 18 per cent of fruits and vegetables, due to lack of post-harvest storage facilities. The cold storage sector has been one of the most undermined sectors in India, devo...

by Madhu Sivaraman | On 05 Dec 2016

Craft Clusters and Work in Rural India: An Exploration

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

by Keshab Das | On 28 Nov 2016

Seen but Unheard – A Case-Study of Low-Waged Tamil Migrant Workers in Singapore

Low-waged Tamil migrant workers have long been contributing to Singapore. Despite labouring for three decades and being connected to the existing Tamil diasporic community there, they have been left o...

by | On 24 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

A Stagnant Agriculture in Kerala: The Role of the State

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

by Lekshmi R Nair | On 08 Nov 2016

A Critique on the Current Labour Policy Reforms

Presently, there is a constant intense debate on labour law reforms in India. It is argued that the restrictive labour laws create rigidity in the labour market or else the Indian economy would have w...

by | On 03 Nov 2016

Laws and Institutions Relating to Environmental Protection in India

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

by U. Sankar | On 28 Oct 2016

The Causes and Consequences of Increased Female Education and Labor Force Participation in Developing Countries

This article describes recent trends in female education and labor force participation in developing countries. It also reviews the literature on the causes and effects of the recent changes in fema...

by Rachel Heath | On 21 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

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

Gender Quotas: Challenging the Boards, Performance, and the Stock Market

Comparing before and after the reform within firms, we find that quotas are associated with a higher share of female board directors, higher levels of education of board members, and a lower share of...

by | On 12 Oct 2016

Is there a Size-Induced Market Failure in Skills Training?

A skilled and educated workforce can support the competitiveness of enterprises of all sizes. However, smaller firms may face greater challenges in developing human capital. We explore differences b...

by Paul Vandenberg | On 04 Oct 2016

Orphan Food? Nay, Future of Food ! Understanding the Pulse of the Indian Market

India can substantially increase her production and yield in pulses with a strategic emphasis on research in public and private sector, expanding irrigation infrastructure, provision of MSP to pulse...

by Satish Y Deodhar | On 23 Sep 2016

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

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

by Howard Bodenhorn | On 22 Sep 2016

Political Feminism in India: An Analysis of Actors, Debates and Strategies

the last 50 years of feminist activism in India has managed to challenge the 5,000 years of patriarchal order. the main achievements were the deconstruction of violence against women, questioning of m...

by Vibhuti Patel | On 22 Sep 2016

Underemployment in the Early Careers of College Graduates Following the Great Recession

Though labor market conditions steadily improved following the Great Recession, underemployment among recent college graduates continued to climb, reaching highs not seen since the early 1990s. This p...

by Jaison Abel | On 21 Sep 2016

Coping with Change: International Differences in the Returns to Skills

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

by | On 19 Sep 2016

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

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

by Deepthi Mary Mathew | On 07 Sep 2016

Smallholder Agriculture’s Contribution to Better Nutrition

Food insecurity and under-nutrition remain pressing problems in the developing world. Despite their direct contribution to food production, small-scale farmers and their households are disproportionat...

by Steve Wiggins | On 06 Sep 2016

Impact of Store Format on Shopping Involvement

Store formats exist in three forms of convenience, variety and experience. Shopping involvement tends to change across these formats. This current study (a) establishes the role of store formats on...

by Piyush Kumar Sinha | On 01 Sep 2016

Gender Dimensions on Farmers’ Preferences for Direct-Seeded Rice with Drum Seeder in India

This study measures the willingness of male and female farmers to pay for climate-smart technology in rice. Rice is the most important crop in India in terms of area, production, and consumption. It...

by Md. Tajuddin Khan | On 31 Aug 2016

Call to Action: Hunger, Under-Nutrition and Food Security in India

This policy brief presents to parliamentarians and other policy makers, to examine the hunger, undernutrition and food security situation prevailing in India. It advances the need to undertake effecti...

by N.C. Saxena | On 31 Aug 2016

How does Supply Chain Distortion affect Food Inflation in India?

During the recent episode of persistently high food inflation in India, the role of rent seeking activities of food suppliers emerged as the centre of debate in the country. The rent seeking activitie...

by Rudrani Bhattacharya | On 29 Aug 2016

ABCD of MSME Credit

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

by S.S. Mundra | On 29 Aug 2016

Microcredit Program Participation and Household Food Security in Rural Bangladesh

We use a relatively new and unique panel dataset collected from rural households in Bangladesh to examine the effect of microcredit program participation on household food security. The main distingui...

by | On 25 Aug 2016

Seed Wars and Farmers’ Rights: Comparative Perspectives from Brazil and India

Drawing on interviews with Indian and Brazilian farmers’ rights activists, lawyers, agronomists and plant breeders, this article aims at better understanding how farmers’ rights are protected on paper...

by | On 25 Aug 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

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

Seeds of Adaptation: Climate Change, Crop Diversification, and the Role of Women Farmers

Women farmers around the world are taking the lead in putting crop and varietal conservation and diversification strategies into practice as a way to strengthen local climate change adaptation capacit...

by | On 17 Aug 2016

Revisiting RP's Hybrid Rice Program

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

by Philippine Institute for Development Studies | On 16 Aug 2016

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

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

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

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

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

by Oxfam International | On 16 Aug 2016

Women's Work, Maternity and Public Policy - Complete Report

Women as bearers and nurturers of children provide the foundation for generating future citizens for the country and labourers for the economy. In addition to reproductive or care work, women also con...

by | On 12 Aug 2016

Make in India – Scheme For Transforming India

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

by | On 10 Aug 2016

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

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

by Jarilkasin Ilyasov | On 08 Aug 2016

Wage Gap in Labor Market, Gender Bias and Socio-Cultural Influences: A Decomposition Analysis for India

This paper captures the payment gap by integrating labor market performance with that of family decision making practices. We conjecture that women from patriarchal families are earning less than men...

by Sukanya Sarkhel | On 04 Aug 2016

Cognitive Performance and Labour Market Outcomes

This paper uses information from the National Longitudinal Survey of Youth 1979 (NLSY79) and supplementary data sources to examine how cognitive performance, measured at approximately the end of secon...

by Dajun Lin | On 03 Aug 2016

Tobacco Regulation and Cost-Benefit Analysis: How Should we Value Foregone Consumer Surplus?

This paper outlines the history of the FDA’s recent attempts to regulate cigarettes and other tobacco products and how they have valued foregone consumer surplus in cost-benefit analyses. It discusses...

by Helen Levy | On 03 Aug 2016

Informality in South Asia: A Review

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

by | On 29 Jul 2016

Fire-Sale Externalities

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

by Eduardo Dávila | On 29 Jul 2016

Operational Guidelines: Pradhan Mantri Fasal Bima Yojana

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

by Ministry of Agriculture GOI | On 28 Jul 2016

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

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

by | On 27 Jul 2016

South-South Migration and Remittances

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

by | On 27 Jul 2016

Bringing Real Market Participants' Real Preferences into the Lab: An Experiment that Changed the Course Allocation Mechanism at Wharton

This paper reports on an experimental test of a new market design that is attractive in theory but makes the common and potentially unrealistic assumption that “agents report their type”; that is, tha...

by Eric Budish | On 27 Jul 2016

Evaluation of Government Interventions in Khadi Sector

Khadi sector is an over-regulated one in India, where the entire production process, sales, distribution, and marketing is fully regulated by the government. The paper examines the growth of Khadi sec...

by Lekshmi R Nair | On 25 Jul 2016

Roads to Innovation: Firm-Level Evidence from China

Although both infrastructure and innovation play an important role in fostering a country’s economic growth, discussion in the literature about how the two are connected is limited. This paper examine...

by Xu Wang | On 25 Jul 2016

Business as Usual: Responses within ASEAN to the Food Crisis

The United Nations estimates that the number of people worldwide who suffer from chronic food shortages might now exceed one billion. That skyrocketing prices of food in general, and...

by Randall Arnst | On 22 Jul 2016

The Pradhan Mantri Fasal Bima Yojana: India’s New Safety Net for Farmers

India’s latest crop insurance scheme, announced by the Narendra Modi Government earlier this year, is designed to overcome the many problems encountered in the implementation of previous programmes. T...

by Vinod Rai | On 21 Jul 2016

Status of Water Availability for Agriculture in India

As of July 7, 2016, rainfall in the country in the 2016 monsoon season is estimated to be 1% above normal rainfall. However, due to deficient rainfall in the country resulting in drought conditions ov...

by Tanvi Deshpande | On 18 Jul 2016

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

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

by Naila Kabeer | On 13 Jul 2016

Odisha State Agriculture Policy 2013

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

by Government of Odisha | On 11 Jul 2016

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

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

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

Global Economic Prospects at 25

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

by World Bank [WB] | On 29 Jun 2016

Farm Women Friendly Hand Book

This Handbook contains special provisions and package of assistance which women farmers can claim under various on-going Missions/ Submissions/ Schemes of DAC & FW, Ministry of Agriculture & Farmer...

by Ministry of Agriculture GOI | On 29 Jun 2016

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

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

by Sumon Kumar Bhaumik | On 27 Jun 2016

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

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

by Klaus Deininger | On 27 Jun 2016

Food Security Challenges in Asia

The problems of food security and agriculture should be viewed within the context of the broader structural transformation as Asia becomes increasingly urban and nonagricultural. This paper aims to re...

by Asian Bank | On 23 Jun 2016

An Examination of One Dimension Marginal Distributions: Selling and Non - Selling Activities of a Salesperson

This study examines the number of times a salesperson engages in vacation and the time taken by the number of vacations by controlling the number of customers. The one dimensional marginal...

by Dheeraj Sharma | On 23 Jun 2016

Towards Increasing Off-Farm Income Opportunities for Farmers

Small land holders dominate Indian agriculture, and need off-farm income for survival. Analysis shows that for sufficient off-farm income opportunities, growth in agriculture, manufacturing, or touri...

by Brajesh Jha | On 22 Jun 2016

Job Creation in a Multi-Sector Labor Market Model for Developing Economies

This paper proposes an overlapping generations multi-sector model of the labor market for developing countries with three heterogeneities – heterogeneity within self-employment, heterogeneity in abili...

by Arnab K. Basu | On 22 Jun 2016

Poverty, Markets and Elementary Education in India

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

by | On 22 Jun 2016

Coerced Labor in the Cotton Sector: How Global Commodity Prices (Don’t) Transmit to the Poor

This paper investigates the economic fortunes of coerced vs. free workers in a global supply chain. To identify the differential treatment of otherwise similar workers we resort to a unique exogenous...

by Alexander M. Danzer | On 22 Jun 2016

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

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

by Jaimini Bhagwati | On 22 Jun 2016

A Practical Note on Predictive Analytics Usage in Marketing Applications

This paper is an attempt to provide a simplified approach to this practical problem of evaluating model performance taking account of the decision context. Two scenarios are discussed; a) a classifica...

by Arindam Banerjee | On 21 Jun 2016

Situation of Women in South Asia: Some Dimensions

South Asian women and their status is being assessed here to highlight the similarities in the conditions faced by women despite the diversities stemming from class, religion, culture and locality. Th...

by Preeti Rustagi | On 20 Jun 2016

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

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

by Daniel LaFave | On 17 Jun 2016

How to Encourage Farmers to Adapt to Climate Change?

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

by Amarnath Tripathi | On 16 Jun 2016

Income Mobility among Social Groups in Indian Rural Households: Findings from the Indian Human Development Survey

The paper analyses income mobility across different social groups in India using data from the Indian Human Development Survey (IHDS) collected in 2004–05 and 2011–12. Indices signifying different n...

by Thiagu Ranganathan | On 16 Jun 2016

Evaluating Labour Market Policy

This pper reviews major approaches and findings on the evaluation of the impact of different labour market institutions but pays particular attention to active labour market policies that play an impo...

by Werner Eichhorst | On 15 Jun 2016

The Value of Private Schools: Evidence from Pakistan

Using unique data from Pakistan we estimate a model of demand for differentiated products in 112 rural education markets with significant choice among public and private schools. Our model accounts fo...

by | On 09 Jun 2016

The Economics of Copyright and the Internet: Moving to an Empirical Assessment Relevant in the Digital Age

Technology and the Internet have triggered important changes to how creative works are created, accessed and how creators and copyright-based industries generate their revenues. In this chapter, the e...

by Sacha Wunsch-Vincent | On 08 Jun 2016

Building the Foundations for Sustainable Nutrient Management

The report details how rising CO2 emissions are altering the chemical balance of our oceans and outlines the wide-ranging consequences of this emerging issue on marine food chains and ecosystems as we...

by United Nations Environment Programme UNEP | On 07 Jun 2016

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

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

by Anjani Kumar | On 07 Jun 2016

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

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

by Aziz Elbehri | On 06 Jun 2016

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

Water: Facts and Trends

This working document provides an overview of some basic facts and societal challenges related to water. The emphasis in this initial document is on water availability and people’s use of water for ag...

by | On 06 Jun 2016

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

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

by Gorky Chakraborty | On 06 Jun 2016

An Economy for The 1%: How Privilege and Power in the Economy Drive Extreme Inequality and How This Can Be Stopped

Credit Suisse recently revealed that the richest 1% have now accumulated more wealth than the rest of the world put together. Meanwhile, the wealth owned by the bottom half of humanity has fallen by a...

by | On 02 Jun 2016

How Forced Displacements Caused by a Violent Conflict Affect Wages in Colombia

In this paper, we analyze how forced displacements caused by violent conflicts affect the wages of displaced workers in Colombia, a country characterized by a long historical prevalence of violent con...

by | On 02 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

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

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

by Daniel LaFave | On 31 May 2016

Unified Package Insurance Scheme

The Unified Package Insurance Scheme will be implemented in 45 selected districts on Pilot basis from Kharif 2016 season. A farmer (both Loanee and Non- Loanee) can access to Banks whereas nonloanee f...

by Department of Agriculture & Cooperation GOI | On 30 May 2016

Restructured Weather Based Crop Insurance Scheme

Weather Based Crop Insurance Scheme (WBCIS) aims to mitigate the hardship of the insured farmers against the likelihood of financial loss on account of anticipated crop loss resulting from adverse wea...

by Department of Agriculture & Cooperation GOI | On 30 May 2016

Golden Wheat Becomes More Golden Extending SRI to Wheat

People’s Science Institute carried out the first trials of the System of Wheat Intensification (SWI) during rabi 2006- 07. Starting with systematic research trials on farmers’ fields, SWI practice...

by Ravi Chopra | On 27 May 2016

Upgrading in the Indian Garment Industry: A Study of Three Clusters

This paper examines the process of upgrading of the Indian garment industry through a survey of 100 firms in three clusters in Delhi National Capital Region (NCR), Tirupur, and Mumbai in 2012. Upgradi...

by | On 25 May 2016

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

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

by International Labour Organisation ILO | On 19 May 2016

For Whom Does the Phone (not) Ring? Discrimination in the Rental Housing Market in Delhi, India

Using an audit experiment carried out on of India’s largest real estate websites, this study documents striking variations between landlords’ treatment of upper-caste Hindus, Other Backward Castes, Sc...

by Saugato Datta | On 18 May 2016

Time is Running Out: Does Mumbai have Enough Water?

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

by Dhaval D Desai | On 10 May 2016

Evaluation Study of Targeted Public Distribution System in Selected States

The Ministry of Food, Public Distribution and Consumer Affairs has entrusted a study to the NCAER to assess whether, and to what extent, the weaknesses noted by past evaluation studies on the TPDS ha...

by Sohini Paul | On 09 May 2016

India Policy Forum 2014 - 2015

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

by Shekhar Shah | On 09 May 2016

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

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

by Marcel Fafchamps | On 06 May 2016

Margin Requirements for Non-Centrally Cleared Derivatives

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

by Reserve Bank of India RBI | On 03 May 2016

Will a Matchmaker Invite her Potential Rival in?

This paper analyzes optimal strategies of an incumbent intermediary, who matches agents on the two sides of a market, in the presence of entry threat under alternative scenarios.

by Rupayan Pal | On 02 May 2016

Financial Stability: Underlining Context

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

by Ashima Goyal | On 02 May 2016

Foreign Exchange Markets, Intervention and Exchange Rate Regimes

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

by Ashima Goyal | On 02 May 2016

Tacit Collusion and Market Concentration under Network Effects

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

by | On 02 May 2016

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

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

by | On 02 May 2016

Issues in SME Financing

This study has been undertaken to examine the maladies and conceivable remedies that associate with Small and Medium Enterprises and related establishments in India. The researcher uncovers a myriad o...

by | On 29 Apr 2016

Report of the Commission on Farmers’ Welfare, Government of Andhra Pradesh

Agriculture in Andhra Pradesh is in an advanced stage of crisis. While this is a generalised rural crisis, the burden has fallen disproportionately on small and marginal farmers, tenant farmers and ru...

by Government Andhra Pradesh | On 12 Apr 2016

Distortions in Land Markets and their Implications to Credit Generation in India

Land and buildings are a preferred collateral for lenders in India due to its ease of valuation and disposal in the event of default. Yet several distortions afflict Indian land markets that make thi...

by K.P. Krishnan | On 12 Apr 2016

Youth in India: Challenges of Employment and Employability

Using the NSSO Employment and Unemployment Survey Rounds as the basis, this paper examines questions of unemployment, employment and human capital formation among Indian youth belonging to various s...

by Rajendra P. Mamgain | On 05 Apr 2016

Inclusive Migration in India: A Study on Domestic Migration and Issues in Electoral Participation

The study compiled information from academic papers, government and non-government reports on the subject of domestic migration, with a specific emphasis on their political inclusion. In order to cond...

by | On 05 Apr 2016

Bangladesh National Food Policy Plan of Action (2008-2015)

The NEP Plan of Action (PoA) 2008 translates the provisions of the National Food Policy, 2006 towards achieving its three core objectives into 26 strategic areas of intervention, priority actions to b...

by Food Planning and Monitoring Unit (FPMU) | On 04 Apr 2016

Hong Kong Budget Speech 2016

Speech by the Financial Secretary.

by Hon John C Tsang | On 28 Mar 2016

Singapore Budget Speech 2016

Budget Speech of 2016 by Finance Minister of Singapore.

by Heng Swee Keat | On 28 Mar 2016

India-APEC Products Trade: Importance of Trade in Intermediate Products and the Challenges Ahead

India’s principal trade partners are countries/economies in the Asia-Pacific Economic Cooperation (APEC) region, and over the last decade the share of APEC in India’s trade has been growing. Specifica...

by Deeparghya Mukherjee | On 28 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

The Caste Gender System - A Necessary Analytic of Experience?

This paper formulates a conceptual category called the caste-gender system and tends to follow how the institution of caste operates in systematic complicity with discriminatory gender norms. It talks...

by Ritu Sen Chaudhuri | On 21 Mar 2016

Psychosocial Well-being in Vidarbha A Study of Communities in Distress

This study was undertaken under the aegis of the Sukhi Baliraja Initiative (SBI), funded by Sir Ratan Tata Trust (SRTT) and Sir Dorabji Tata Trust (SDTT) in six high distress districts, which has holi...

by Surinder Jaswal | On 21 Mar 2016

Water Reallocation and Grabbing Processes, Mechanisms and Contributory Factors

The paper attempts to develop a project life-cycle approach to gain insights into the complexities of water reallocation. The paper is able to show that water reallocation and the resultant phenomeno...

by Subodh Wagle | On 21 Mar 2016

Rural Diversification: What Hope for the Poor?

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

by Daniel Start | On 20 Mar 2016

Impact of Property Rights Reform to Support China’s Rural-Urban Integration

As part of a national experiment, in 2008 Chengdu prefecture implemented ambitious property rights reforms, including complete registration of all land together with measures to ease transferability a...

by Songqing Jin | On 20 Mar 2016

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

The opportunities for SMEs in global value chains are enormous. Participation in value chains exposes them to a large customer/buyer base, as well as opportunities to learn from large firms and from e...

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

Exchange Market Pressure in India

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

by Anuradha Guru | On 16 Mar 2016

Do Foreign Banks in India Indulge in Cream Skimming?

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

by Mandira Sarma | On 16 Mar 2016

Budget Speech Gujarat: 2016-17

Budget speech of finance minister of Gujarat, Saurabh Patel.

by Saurabh Patel | On 16 Mar 2016

Imperfect Certification under Cournot Duopoly

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

by Charu Grover | On 15 Mar 2016

Diffusion of Bt Cotton in India: Impact of Seed Prices and Technological Development

Recent studies have analyzed the adoption of Bt cotton in the light of government seed price interventions. According to one view, reduction in seed prices enabled the farmers to buy seeds at lower pr...

by | On 15 Mar 2016

The Rise of the “Just-in-Time Workforce”: On-demand Work, Crowdwork and Labour Protection in the “Gig-Economy”

The so-called “gig-economy” has been growing exponentially in numbers and importance in recent years but its impact on labour rights has been largely overlooked. Forms of work in the “gig-economy” inc...

by | 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

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

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

by Asian Development Bank Institute | On 15 Mar 2016

Women at Work Trends 2016

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

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

Porous Borders The Study of Illegal Markets from a Sociological Perspective

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

by Matías Dewey | On 14 Mar 2016

Illegal Markets Boundaries and Interfaces between Legality and Illegality

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

by Renate Mayntz | On 14 Mar 2016

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

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

by V. Dhanya | On 14 Mar 2016

Global Spillovers and Monetary Policy Transmission in India

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

by Michael Debabrata Patra | On 14 Mar 2016

The Housing Market and Housing Policies in Japan

Housing policies in Japan after World War II were focused on the quantitative supply of houses with a wide range of targeted groups and public rental houses. The Japan Housing Corporation (now the Urb...

by Masahiro Kobayashi | On 14 Mar 2016

Liberalizing Lease Market The Andhra Pradesh Land Licensed Cultivators Act

Tenancy has been on the rise in the post economic liberalization period from the decades of 1990s. It was also viewed that freeing the lease market for land may contribute to equity as well as efficie...

by E Revathi | On 14 Mar 2016

Towards Rules of the Monetary Game

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

by Raghuram G. Rajan | On 14 Mar 2016

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

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

by Matthew Greenwood Nimmo | On 13 Mar 2016

Corporate Governance and Product Market Competition

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

by Ekta Selarka | On 13 Mar 2016

The Limits of Russia's "Pivot to Asia"

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

by | On 11 Mar 2016

Recreational Value of Coastal and Marine Ecosystems in India:A Partial Estimate

Recreation is an important ecosystem service in coastal and marine ecosystems. The methodology for valuing recreational services is well developed in the literature. To the best of our knowledge, this...

by Pranab Mukhopadhyay | On 10 Mar 2016

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

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

by Sreejata Banerjee | On 10 Mar 2016

Investigating Household Preferences for Restoring Pallikaranai Marsh

The study examines households’ willingness to pay for the conservation of Pallinkaranai marsh located in the south of Chennai, Tamil Nadu. A stated preference method, namely, Contingent Valuation m...

by Suganya Balakumar | On 10 Mar 2016

Related Party Transactions and Stock Price Crash Risk: Evidence from India

Related Party Transactions disclosures in Annual Reports have recently gained more attention of the Indian policymakers. This paper aims at finding out the effect of related party transactions disclos...

by Subhra Choudhury | On 10 Mar 2016

Nutritional Status in Pakistan

In Pakistan, despite an increase in per capita food availability and resultant rise in per capita calorie and protein intake, the prevalence of malnutrition has not improved over last 20 years [Nation...

by Sarfraz K. Qureshi | On 10 Mar 2016

Poverty and Labour Market Linkages in Pakistan

The present study provides the link between poverty and labour market. The other strength of the paper is the use of newly conducted Pakistan Socio-economic Survey 1998-99, which provides the latest i...

by Zafar Mueen Nasir | On 10 Mar 2016

Poverty and Child Mortality in Pakistan

The present analysis is based on the Pakistan Socio-Economic Survey (PSES) data. The survey was conducted nationwide between April and July, 1999 and collected data on household information, incidence...

by Syed Mubashir Ali | On 10 Mar 2016

An Introduction to the 1998-99 Pakistan Socioeconomic Survey (PSES)

This brief paper is quite focused. It describes the methodology and scope of the household survey carried out by the PIDE between March and July 1999, with an aim to generate nationally representative...

by G. M. Arif | On 10 Mar 2016

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

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

by Kenn Chua | On 10 Mar 2016

The Social Order of Markets

This article develops a proposal for the theoretical vantage point of the sociology of markets, focusing on the problem of the social order of markets. The initial premise is that markets are highly d...

by Jens Beckert | On 09 Mar 2016

Collective Market-Making Efforts at an Engineering Conference

This paper advances research on institutional work in market constitution processes. I show how purposive, coordinated action is organized under conditions of uncertainty through practices of renderin...

by | On 09 Mar 2016

Skills and Politics: General and Specific

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

by | On 09 Mar 2016

Where Do Prices Come From? Sociological Approaches to Price Formation

The article provides an overview of the state of the art of sociological research on price formation. The dominant trait of the sociological approach to prices is to understand price formation not as...

by Jens Beckert | On 09 Mar 2016

In the Shadow: Illegal Markets and Economic Sociology

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

by | On 09 Mar 2016

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

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

by Benjamin R. Handel | On 09 Mar 2016

The Evolution of Gender Gaps in Industrialized Countries

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

by Claudia Olivetti | On 09 Mar 2016

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

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

by | On 08 Mar 2016

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

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

by | On 08 Mar 2016

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

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

by | On 08 Mar 2016

Enhancing GCC¬ASEAN Relations via Non- ¬traditional Security

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

by S. Rajaratnam International Studies | On 01 Mar 2016

Madhya Pradesh Budget Analysis 2016-17

The Madhya Pradesh Finance Minister, Mr. Jayant Mallayya, presented the Budget for Madhya Pradesh for the financial year 2016-17 on February 26, 2016.

by Arvind Gayam | On 01 Mar 2016

Liberalization, Globalization And The Dynamics Of Democracy In India

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

by D M NACHANE | On 01 Mar 2016

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

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

by Toshiyuki Shimada | On 29 Feb 2016

Keeping Land Local: Reclaiming Governance from the Market

Land struggles in countries like Cambodia, Myanmar, Philippines

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

Impact of the ASEAN Economic Community on ASEAN Production Networks

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

by Kornkarun Cheewatrakoolpong | On 29 Feb 2016

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

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

by K.C. Fung | On 29 Feb 2016

Growth Pole Programme For Unorganised Sector Enterprise Development

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

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

Price Discovery and Volatility on NSE Futures Market

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

by M. T. Raju | On 28 Feb 2016

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

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

by M. T. Raju | On 28 Feb 2016

Is the ASEAN plus Three Emergency Rice Reserve (APTERR) the Answer Tt Southeast Asia’s Food Security Challenges?

The recently launched ASEAN Plus Three Emergency Rice Reserve (APTERR) aims to safeguard the region’s food security in times of calamity, disaster, supply shock or extreme price spike. The region had...

by Sally Trethewie | On 27 Feb 2016

20 Years of Human Security: A special focus on food security

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

by S. Rajaratnam International Studies | On 27 Feb 2016

Satyam Failure and Changes in Indian Audit Committees

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

by R. Narayanaswamy | On 27 Feb 2016

Rising Milk Price – A Cause for Concern on Food Security

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

by S. Rajeshwaran | On 27 Feb 2016

What is Title Guarantee Worth in Land Markets? Evidence from Bengaluru, India

Land reforms require urgent attention in emerging market economies, and there is a vast body of literature that deals with the economic impact land reforms, especially land titling (Acemoglu et al., 2...

by Madalasa Venkataraman | 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

Retesting the estimation of a utility-based asset pricing model using normal mixture GARCH (1, 1)

The main purpose of this paper is to derive the process of estimating dynamic RRA with the maximum likelihood and a Bayesian method having a weakly informative prior density while assuming that the lo...

by Rohit Gupta | On 27 Feb 2016

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

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

by Rohit Gupta | On 27 Feb 2016

A Model of Gender Inequality and Economic Growth

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

by Jinyoung Kim | On 27 Feb 2016

Workshop Report on “Energy and Non-Traditional Security”

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

by | On 26 Feb 2016

Farmers’ Suicides in India, 1995-2012: Measurement and interpretation

Farmers’ suicides have become an important socio-economic concern in India that has profound implication on the quality of life of farmers and their families. There are not many epidemiological studie...

by Srijit Mishra | On 26 Feb 2016

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

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

by Feng Yin | On 26 Feb 2016

Social Innovation: A Guide to Achieving Corporate and Societal Value

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

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

Railway Budget 2016-17: Preliminary Analysis

The Minister of Railways, Mr. Suresh Prabhu, presented the Railway Budget 2016-17 to Parliament on February 25, 2016. In his address, he commented on the performance of Railways in 2015-16 and laid o...

by Prachee Mishra | On 26 Feb 2016

Land Reform and Changes in Land Ownership Concentration: Evidence from Rice-Growing Villages

This paper examines the effect of land reform and land transfer actions of farmer beneficiaries on land ownership concentration. A case study of two rice-growing villages was used to track down owners...

by Marife M. Ballesteros | On 25 Feb 2016

Energy Security: Rethinking Market and Governance

Alleged market failures and the abuse or overuse of governance have shown that energy security could no longer be sufficiently ensured by working with the market or governance alone. Recent global con...

by | On 25 Feb 2016

Managing Water Security: Issues in the Greater Mekong Subregion

The Greater Mekong Sub-region (GMS) is often characterized as a water surplus region. However current trends suggest that there is an increasing pressure on water availability and accessibility which...

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

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

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

by Roehlano M. Briones | On 25 Feb 2016

Exploring Priority Areas for Philippine APEC 2015 Hosting: Building Inclusive Economies, Building a Better World

This paper is an integration of the studies commissioned under the DFA-PIDS memorandum of agreement to explore the priority areas during the Philippines' APEC hosting in 2015 under the theme: "Buildin...

by Erlinda M. Medalla | On 25 Feb 2016

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

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

by Ramgopal Agarwala | On 24 Feb 2016

Improving the Business Climate in NTT: The Case of Agriculture Trade in West Timor

Efforts to improve the business climate in East Nusa Tenggara (NTT) Province are still facing significant obstacles. Moreover, a healthy business climate is needed to create conditions conducive to ha...

by Widjajanti Suharyo | On 24 Feb 2016

The 2004 Global Labor Survey: Workplace Institutions and Practices Around the World

This paper reports on an Internet-based survey designed to collect information on the state of workplace practices from labor experts and practitioners around the world -- the 2004 Global Labor Survey...

by Richard B. Freeman | On 24 Feb 2016

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

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

by Roehlano M. Briones | On 24 Feb 2016

Social Protection in Apec in Pursuit of Inclusive Growth

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

by Janet S. Cuenca | On 24 Feb 2016

Grid – Connect Electricity Supply in India

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

by World Bank | On 24 Feb 2016

Scaling Up Carbon Finance in India

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

by World Bank | On 24 Feb 2016

The Puzzle of Small Farming in Japan

Japan’s small farming represents a puzzle. Currently nearly three-quarters of farmland is operated by farmers whose farm size is well under optimal size. Being too small is the main reason for the hig...

by Yoshihisa Godo | On 24 Feb 2016

Compensating the Loss of Ecosystem Services Due to Pollution in Noyyal River Basin, Tamil Nadu

The loss of ecosystem services due to industrial pollution in the Noyyal River Basin was estimated through physical research studies of water and soil quality and bio-mapping followed by economic valu...

by Paul Appasamy | On 23 Feb 2016

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

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

by | On 23 Feb 2016

Financial Institutions and Structures for Growth in East Asia

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

by Jenny Corbett | On 23 Feb 2016

Agricultural Contracts in Mindanao: the Case of Banana and Pineapple

Contract growing has been defined as an agreement between farmers and processing and/or marketing firms under forward agreements, usually at predetermined prices for the production and supply of agric...

by Larry Digal | 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

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

Asymmetry In Government Bond Returns

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

by Ippei Fuijwara | On 21 Feb 2016

Deepening Association of Southeast Asian Nations’ Financial Markets

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

by Choong Lee | On 21 Feb 2016

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

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

by Xavier Giné | On 21 Feb 2016

Cross-Border Electricity Cooperation in South Asia

South Asian countries, facing challenges in efficiently meeting growing electricity demand, can benefit from increased cross-border electricity cooperation and trade by harnessing complementarities in...

by Anoop Singh | On 21 Feb 2016

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

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

by Tarisa Watanagase | On 21 Feb 2016

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

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

by Luke Hurst | On 21 Feb 2016

In Search of Food Security: Addressing Opacity and Price Volatility in ASEAN’s Rice Sector

The availability of rice has long been considered a key indicator of food security in Southeast Asia. However, for largely strategic reasons, there is a paucity of information in the public domain on...

by Sally Trethewie | On 20 Feb 2016

A Position Paper on World Rice Futures

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

by | On 20 Feb 2016

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

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

by Sally Trethewie | On 20 Feb 2016

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

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

by | On 19 Feb 2016

Urban Informality – Marginal or Mainstream?

In this lecture, Janice Perlman discusses urban informality against the background of 40 years of research in the favelas of Rio de Janeiro. The lecture lays particular emphasis on how the changes ove...

by | On 19 Feb 2016

Mass housing requires mass housing finance

In this lecture Marja Hoek Smit argues that housing finance is critical to solve the housing problem, increasing, as it does, the number of households that can afford to acquire a house in the formal...

by | On 19 Feb 2016

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

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

by Paul Dorosh | On 18 Feb 2016

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

Enhancing Forage Integration And Access For Smallholder Livestock Production

In the upland areas of Southeast Asia, most smallholder farmers keep animals. Buffalo provide a traditional source of draught power for land preparation or transport, and animal manure is often used t...

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

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

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

by | On 17 Feb 2016

China as the World’s Largest Rice Importer: Regional Implications

After decades of near self-sufficiency, China is becoming the world’s largest importer of rice. What does this mean for greater Asia?

by | On 17 Feb 2016

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

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

by Abdul Qayyum | On 17 Feb 2016

Demographic Dividend or Demographic Threat in Pakistan

This paper looks into the demographic dividend available to Pakistan and its implications for the country, mainly through three mechanisms: labour supply, savings, and human capital. For economic bene...

by Durr-e- Nayab | On 17 Feb 2016

The Harris-Todaro Hypothesis

The Harris-Todaro hypothesis replaces the equality of wages by the equality of ‘expected’ wages as the basic equilibrium condition in a segmented but homogeneous labour market, and in so doing it gene...

by M. Ali Khan | On 17 Feb 2016

Addressing Market Constraints to Providing Nutrient-Rich Foods: An Exploration of Market Systems Approaches

This Evidence Report asks how a market systems approach could be applied to improve poor households’ access to nutrient-dense foods. By ‘market systems approach’ we mean methods that identify and addr...

by Jodie Thorpe | On 17 Feb 2016

Bumpy Road Ahead for Agriculture Sector

Agriculture is important sector for Indian economy. The agricultural growth output and rural income has to increase, only then can we think of an all-inclusive development of the economy. The problems...

by Environmental Management & Policy Research Institute | On 17 Feb 2016

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

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

by org eldis. | On 17 Feb 2016

Climate Change Impacts and Mitigation in the Developing World

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

by Petr Havlík | On 17 Feb 2016

Achieving Skill Mobility in the ASEAN Economic Community Challenges, Opportunities, and Policy Implications

Despite clear aspirations by the Association of Southeast Asian Nations (ASEAN) to create an effective framework to facilitate movements among skilled professionals within the ASEAN Economic Community...

by Demetrios G. Papademetriou | On 16 Feb 2016

Wage Differentials, Rate of Return to Education, and Occupational Wage Share in the Labour Market of Pakistan

This paper examines the magnitude of public/private wage differentials in Pakistan using data drawn from the 2001-02 Labour Force Survey. Pakistan Labour Force Survey is a nationwide survey containing...

by Asma Hyder | On 16 Feb 2016

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

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

by Michael Sheinkman | On 16 Feb 2016

Entrepreneurship in Pakistan

In Pakistan innovation and risk taking is severely inhibited by the intrusive role of government in the marketplace. From the early days of planning when protection and subsidy policies determined win...

by Nadeem Ul Haque | On 16 Feb 2016

Exchange Market Pressure and Monetary Policy: Evidence from Pakistan

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

by M. Idrees Khawaja | On 16 Feb 2016

Financial Globalization in Emerging Countries: Diversification vs. Offshoring

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

by Francisco Ceballos | On 16 Feb 2016

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

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

by Michael Plummer | On 16 Feb 2016

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

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

by Yothin Jinjarak | On 16 Feb 2016

Global Implications of the Renminbi’s Ascendance

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

by Eswar Prasad | On 16 Feb 2016

Hometown Investment Trust Funds: An Analysis of Credit Risk

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

by Naoyuki Yoshino | On 16 Feb 2016

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

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

by Attiya Y. Javid | On 15 Feb 2016

Recent Experiences in the Foreign Exchange and Money Markets

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

by Md. Habibur Rahman | On 15 Feb 2016

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

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

by Md. Shahiduzzaman | On 15 Feb 2016

Monetary Policy and Capital Market Development in Bangladesh

Bangladesh Bank (BB) adjusted its monetary policy stance during 2005 in order to contain inflationary pressures and facilitate stability in the foreign exchange market. At the end of 2005, interest ra...

by Shubhasish Barua | On 15 Feb 2016

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

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

by Md. Kabir Ahmed | On 15 Feb 2016

Corporate Governance: An essential mechanism to curb malpractices by Organizations

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

by M. Bakhtear Uddin Talukdar | On 15 Feb 2016

War and Drugs in Afghanistan

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

by Vanda Felbab-Brown | On 14 Feb 2016

Growth Diagnostics in Pakistan

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

by Abdul Qayyum | On 14 Feb 2016

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

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

by Attiya Y. Javid | On 14 Feb 2016

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

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

by Attiya Y. Javid | On 14 Feb 2016

Strengthening Corporate Governance to Combat Corruption

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

by Transparency International TI | On 13 Feb 2016

Public Health in india: Challenges Ahead

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

by Anuj Sabharwal | On 13 Feb 2016

Women’s Empowerment at the Frontline of Adaptation: Emerging Issues, Adaptive Practices, and Priorities in Nepal

The findings of the study reveal that, across Nepal, there has been an increase in rural women’s workload rendering multiple effects on women’s health, income, safety, nutrition, violence against wome...

by Dibya Devi Gurung | On 13 Feb 2016

Rice Seed Production and Use in Bangladesh and India Need for Bilateral Cooperation

Rice seed production, marketing, distribution situation in Bangladesh and India is not considered to be efficient. This has led to low availability and accessibility of modern varieties (MV) rice seed...

by Mahfuz Kabir | On 11 Feb 2016

The Global Competitiveness Report 2013–2014

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

by | On 11 Feb 2016

Future of Healthy How to Realize Returns on Health

After demonstrating in Maximizing Healthy Life Years that health can have a positive return on investment, the 2016 report How to Realize Returns on Healthshows how to tackle the silent NCD pandemic:...

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

Wageindicator Living Wages - Methodological Note

WageIndicator living wage introduces a concept that allows users and stakeholders through web interface to share and compare living wages across countries and regions using a methodology that accounts...

by | On 10 Feb 2016

Notes on Rohith Vemula and the Movement After

This article offers observations to Gopal Guru’s article which highlights the endemic caste discrimination in places of higher learning in India in the wake of the Rohith Vemula suicide in Hyderabad....

by Anveshi Research Centre for Women's Studies | On 09 Feb 2016

Uncertainty and the Market for Patents

Modern societies regard knowledge as a production factor in its own right. The market is the prevailing governance mode of their economies, and it is supposed to be the most appropriate mode of tradin...

by | On 08 Feb 2016

Market Constitution Analysis

This paper outlines an integrative framework for the analysis of market constitution and explores its application to solar power technology markets. These markets are currently still in the making and...

by | On 08 Feb 2016

Progress of the World's Women 2000

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

by UN Women | On 08 Feb 2016

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

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

by Dieter Verhaest | On 07 Feb 2016

Market Design for Altruistic Supply: Evidence from the Lab

Volunteer supply is widespread, yet without a price inefficiencies occur due to suppliers’ inability to coordinate with each other and with demand. For these contexts, we propose a market clearinghous...

by Robert Slonim | On 07 Feb 2016

Higher Education Expansion and Labor Market Outcomes for Young College Graduates

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

by Dongshu Ou | On 07 Feb 2016

Temporary and Permanent Migrant Selection: Theory and Evidence of Ability-Search Cost Dynamics

The migrant selection literature concentrates primarily on spatial patterns. This paper illustrates the implications of migration duration for patterns of selection by integrating two workhorses of th...

by Joyce Chen | On 07 Feb 2016

Local Labor Market Conditions and Crime: Evidence from the Brazilian Trade Liberalization

This paper estimates the effect of local labor market conditions on crime in a developing country with high crime rates. Contrary to the previous literature, which has focused exclusively on developed...

by Rafael Dix-Carneiro | On 07 Feb 2016

Pakistan’s Trade Policy, 1999–2008: An Assessment

Employing the Annual Trade Policy issued each year by the Ministry of Commerce as a simplified case study, this paper examines the reasons for the ineffectiveness of this policy instrument and the inh...

by Mirza Qamar Baig | On 07 Feb 2016

Corporate Governance in Pakistan: Corporate Valuation, Ownership and Financing

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

by Attiya Y. Javid | On 06 Feb 2016

Using Online Vacancies and Web Surveys to Analyse the Labour Market: A Methodological Inquiry – 2016

This paper discusses methodological issues arising from the use of online job vacancy data and voluntary web-based surveys to analyse the labour market. It highlights the advantages and possible disad...

by | On 05 Feb 2016

Transparency in Corporate Reporting: Assessing Emerging Market Multinationals

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

by Transparency International TI | On 05 Feb 2016

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

Do Yesterday’s Disciplines Fit Today’s Farm Trade?

This piece explores how trade and trade policies have evolved over the last decade and considers the possible implications for the multilateral trading system. Since the Doha Round was launched, the i...

by | On 05 Feb 2016

The New Role of the World Bank

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

by Michael Clemens | On 03 Feb 2016

Market Imperfections and Dividend Policy Decisions ofManufacturing Sector of Pakistan

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

by Darakhshan Younis | On 03 Feb 2016

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

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

by Malik Muhammad Shehr Yar | On 03 Feb 2016

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

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

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

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

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

by Abdul Qayyum | On 03 Feb 2016

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

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

by Asiya Sohail | On 03 Feb 2016

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

Attempts to explain why ending hunger has been so hard, so here the focus is on four main themes: the complex role of markets, the importance of government policies, the historical process of structur...

by C. Peter Timmer | On 03 Feb 2016

An Analysis of Accrual Anomaly in Case of Karachi Stock Exchange

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

by Jawad Mohammad | On 03 Feb 2016

Analysing the Price Cost Markup and Its Behaviour over the Business Cycles in Case of Manufacturing Industries of Pakistan

The issue of imperfect competition in economic theory has been repeatedly discussed given its importance in the distribution of economic resources. In this study, market power measured by price over...

by Salman Ahmad | On 03 Feb 2016

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

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

by Syed Akther Shah | On 02 Feb 2016

Language Acquisition and Power: A Theoretical Framework

Language acquisition refers to both learning and teaching a language. It might be argued that both learning and teaching are two sides of the same coin; that a teacher teaches a language while a learn...

by Tariq Rahman | On 02 Feb 2016

Pakistan: The Impact of Economic Liberalisation on Poverty

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

by Zafar Mahmood | On 02 Feb 2016

Biopiracy: The Patenting of Basmati by Ricetec

The paper discusses the North-South context for biopiracy, explains the process by which RiceTec acquired its patent, ascertains why it amounted to biopiracy and examines its implications for southern...

by Uzma Jamil | On 02 Feb 2016

Discrepancies in Public and Private Sector Pay in Jordan, Qatar and the UAE

This study examines the challenges the labor market faces in a number of Arab countries with rentier economies - namely, Jordan, the United Arab Emirates and Qatar. One of the major challenges the lab...

by | On 02 Feb 2016

Patents and Clean Energy: Bridging the Gap between Evidence and Policy

Climate change is the most pressing challenge of our time. Addressing it requires an unprecedented mobilisation of human and financial resources to alter our patterns of production, consumption and en...

by International Centre and Sustainable Development | On 02 Feb 2016

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

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

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

Social Insurance with Competitive Insurance Markets and Risk Misperception

This paper considers an economy where individuals differ in productivity and in risk. Rochet (1991) has shown that when private insurance markets offer full coverage at fair rates, social insurance is...

by | On 02 Feb 2016

Does It Pay to Care? Prosocial Engagement and Employment Opportunities

We investigate whether, why and when prosocial engagement has a causal effect on individual employment opportunities. To this end, a field experiment is conducted in which volunteering activities are...

by Suncica Vujic | On 02 Feb 2016

Rural Transport, Safety and Security

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

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

Making it Safer to Cross Waterways in Sri Lanka

Sri Lanka has about 120,000 engineered rural waterway crossings (such as bridges) and another 250,000 non-engineered crossings built and maintained by communities. Because of a lack of financial and h...

by Granie Jayalath | On 01 Feb 2016

Voices from the South: The Impact of the Financial Crisis on Developing Countries

This report presents snapshots of the financial crisis as seen by 21 thinkers, academics and policymakers in 14 developing countries. IDS invited them to present their views on the likely impacts and...

by Neil McCulloch | On 01 Feb 2016

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

Stronger Industrial Policies Needed to Face the Climate and Development Challenges

Following a period during which policy options in many developing countries were confined to a standardized set of market friendly measures, there is growing recognition that one size does not fit all...

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

Coordinating Capital Account Regulation

There is a renewed consensus on the need to re-regulate international capital movements. But there is a collective action problem, which puts developing countries at a particular disadvantage. Countri...

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

Fiscal Stimulus is still Needed for Global Recovery

Responding to the economic and financial crisis, a large number of countries introduced fiscal stimulus packages to support aggregate demand. These have been critical in avoiding the recession becomin...

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

Can a Protracted Slowdown be Avoided?

The world economy is teetering on the brink of another major downturn. As in 2008, economic woes in the major developed economies are weakening economic prospects around the world. Th ere are multiple...

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

Towards an ICT Enabled Farming Community

This paper presents a proposed use of virtual community for farmers in Sri Lanka by reviewing Information and communication technology perspective with reference to past and present political strategi...

by Devaka Punchihewa | On 31 Jan 2016

The Limited Promise of Agricultural Trade Liberalization

It has become an article of faith in international trade negotiations that farmers in developing countries have much to gain from agricultural trade liberalization. This paper assesses the evidence fo...

by Timothy A. Wise | On 31 Jan 2016

The Politics Of What Works In Service Delivery: An Evidence-Based Review

This paper examines the evidence on the forms of politics likely to promote inclusive social provisioning and enable, as opposed to constrain, improvements in service outcomes. It focuses on eight rel...

by Claire Mcloughlin | On 30 Jan 2016

Constructing a Composite Index of Market Access

Trade barriers are often opaque and difficult to compare. All too often, an exporter faces costs well in excess of a simple tariff when seeking entry to a market. However, to date, there exist few too...

by | On 30 Jan 2016

Food Reserves in Developing Countries: Trade Policy Options for Improved Food Security

Agricultural prices, along with the prices of primary commodities in general, have been both high and volatile over 2006-11. These developments impact the poor and other vulnerable non-farm households...

by | On 30 Jan 2016

Potential Impact of Proposed 2012 Farm Bill Commodity Programs on Developing Countries

The United States is the largest exporter of many key commodities leading to a significant impact on international markets. In this paper Bruce Babcock and Nick Paulson examine what proposed changes i...

by | On 30 Jan 2016

Giving Youth A Voice: Bangladesh Youth Survey 2011

Giving Youth a Voice, the first ever nationwide survey on youth, was started in 2011. The main findings of the report were released to the media in mid August, prior to the International Youth Day. Th...

by Syeda Aziz | On 30 Jan 2016

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

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

by Rajesh Mehta | On 30 Jan 2016

A Practical Guideline to Successful Bottom up Development: Resettling the Indus

This case study examines the bottom-up development management process of Resettling the Indus by highlighting the key aspects for successful relief and rehabilitation in certain flood and war affected...

by Abdus Subhan | On 30 Jan 2016

The Day-of-the-Week Anomaly in Market Returns, Volume and Volatility in SAARC Countries

This study investigates extent of market efficiency and presence of day of week effect in stock market indices and volume and volatility in four major SAARC countries, namely Pakistan, Bangladesh, Ind...

by Sumra Abbas | On 30 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

Factors Behind the Steep Decline in Crude Oil Prices

The price of crude oil has lost 54% of its value since September 2014 and there are no indications that the fall in prices will stop here unless a major production cut by OPEC is declared. The reasons...

by | On 29 Jan 2016

Food Security and WTO Domestic Support Disciplines Post-Bali

Trade ministers in Bali agreed an interim solution to the problem of food security and WTO domestic support disciplines, but also committed to begin discussions on a "permanent solution" once the mini...

by Alan Matthews | On 28 Jan 2016

The Costs of Adaptation in Punakha, Bhutan: Loss And Damage Associated With Changing Monsoon Patterns

People in the Himalayan region are confronted with changes due to global warming. Glaciers are melting, leading to changing river flows and an increased risk of floods (Richardson and Reynolds, 2000;...

by Norbu Wangdi | On 28 Jan 2016

Youth Unemployment

This paper looks at recent trends in youth unemployment and joblessness and seeks to clarify some issues related to the nature of the youth labour market ‘problem’. During the recession, the prevalenc...

by Niall O’Higgins | 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

Economic Rationale, Subsidy and Cost Sharing for Watershed Projects: Imperatives for Institutions and Market Development

This paper seeks to examine the experiences with respect to subsidies and cost-sharing in the light of the various watershed programmes supported by the state as well as donor agencies and other non-g...

by Amita Shah | 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

Switched On: Youth at the Heart of Sustainable Development in Asia and the Pacific

Asia and the Pacific is home to 60 per cent of the global population aged 15 to 24 years. Across this geographically, politically, socially, culturally and economically expansive region, youth are a v...

by United Nations Economic and Social Commission for Asia and the Pacific | 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

How could Mega-Regional Trade Negotiations Affect Agricultural and Food Trade?

A new generation of 'mega-regional' trade deals have the potential to reshape the landscape of global agricultural trade, by establishing new commitments on market access as well as new regulatory nor...

by | On 27 Jan 2016

Agriculture and Food Security: New Challenges and Options for International Policy

New challenges are facing the global food and agriculture trading system in the 21st century. The present paper identifies options for how policies and international trade rules can respond to this ne...

by | On 27 Jan 2016

Multinationals and Foreign Investment Policies in a Digital World

The purpose of this paper is to discuss the future of the multinational enterprise (MNE) and implications for the international investment regime. The paper begins by summarising current thinking on m...

by | On 27 Jan 2016

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

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

by Marc Auboin | On 26 Jan 2016

Drinking Water and Sanitation in Rural Madhya Pradesh: Recent Initiatives and Issues

This paper presents a brief account, based primarily on available secondary sources, of the current status of drinking water supply and sanitation in rural Madhya Pradesh. With a discussion on the lop...

by Keshab Das | On 26 Jan 2016

Agency and Access under Decentralized Governance: Water Supply and Sanitation in Kolkata City

Ensuring sustainable access to basic services in urban India has continued to remain a major challenge for civic bodies. A fast growing urban population has exerted great pressure on the provisioning...

by Keshab Das | On 26 Jan 2016

Governance Structure and Labour Market Outcomes in Garment Embellishment Chains

Globalization has led to large scale outsourcing of production activities to developing countries manifesting in global commodity chains.The study shows that given a choice, enterprises and workers pr...

by Jeemol Unni | On 26 Jan 2016

India-Korea CEPA: An Appraisal of Progress

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

by | On 25 Jan 2016

Ageing in Emerging Markets

This report describes the outcomes of a 2015 symposium on Ageing in Emerging Markets convened by the Emerging Markets Symposium at Green Templeton College, Oxford. It focusses on the causes and conseq...

by | On 25 Jan 2016

The Future of Electricity in Fast-Growing Economies

Electricity markets in fast-growing economies face different challenges than those in more mature markets. Mature markets with stable demand for electricity are transitioning to a more sustainable mix...

by World Economic Forum [WEF] | On 25 Jan 2016

Does Exchange Rate Intervention Trigger Volatility?

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

by M. Ramachandran | On 24 Jan 2016

External Shocks

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

by Ashima Goyal | On 24 Jan 2016

Volatility of Stock Return in the Dhaka Stock Exchange

This note examines the volatility in stock prices in the Dhaka Stock Exchange (DSE) during 2003- 2007. Excessive volatility and fluctuations in stock price fail to provide the correct signal on compan...

by Md. Habibour Rahman | On 23 Jan 2016

Prospects and Challenges of Bond Market Development in Bangladesh

The thin bond market in Bangladesh faces manifold challenges emanating from several sources including excessive reliance on bank credit, government debt instruments dominated by primary auction based...

by Md. Akhtaruzzaman | On 23 Jan 2016

Estimating Inflation Rates of Import-Concentrated Commodities

This note provides estimates of inflation rate of import-concentrated commodities and their contribution to overall inflation in Bangladesh. The results suggest that the Bangladesh economy has been ex...

by M. G. Mortaza | On 23 Jan 2016

Opportunities and Challenges in Rice Seeds Trade Between India and Bangladesh

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

by Neha Jain | On 23 Jan 2016

Better Ask the Parrot

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

by T.N. Ninan | On 23 Jan 2016

Bilateral Free Trade Agreements (FTAs) Opportunities and Challenges for Bangladesh - Framework Issues

In the backdrop of rise in Free Trade Agreements (FTAs) in developing countries, particularly after the global financial and economic crisis, Bangladesh is still ambivalent in setting its strategies r...

by Khondaker Moazzem | On 23 Jan 2016

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

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

by Bangladesh Bank | On 23 Jan 2016

Rationalizing Food Demand and Supply Estimates: An Exploratory Note

This note examines the current methodology of setting the requirements and availability of food grains used by FPMU and identifies areas where efforts are needed to rationalize demand and supply estim...

by Bangladesh Bank | On 23 Jan 2016

Trend and Characteristics of Recent Inflation in Bangladesh

In the backdrop of recent global developments, this note examines some of the characteristics of inflation in Bangladesh including the contribution of major commodity groups to overall inflation in ru...

by Bangladesh Bank | On 23 Jan 2016

Navigating the Global Financial Storm: Challenges for Bangladesh

The present global financial crisis shows that there is no substitute of prudent government intervention and careful regulation even when market determined incentive structures operate. The pursuit of...

by Bangladesh Bank | On 23 Jan 2016

Modeling Interest Rate Cycles in India

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

by B B Bhattacharya | On 22 Jan 2016

Financial Crises and Poverty in Emerging Market Economies

This study examines the impact of the principal financial crises in emerging markets in recent years on the incidence of poverty in the countries in question. The growth impact is first identified by...

by | On 22 Jan 2016

Nowcasting Indonesia

Predictions of the current state of the Indonesian economy are done by estimating a Dynamic Factor Model on a dataset of 11 indicators (also followed closely by market operators) over the time period...

by | On 22 Jan 2016

The Impacts of Diesel Price Increases on India’s Trucking Industry

In the fiscal year 2011–12, under-recoveries1 incurred by Indian oil-marketing companies for diesel rose to an all-time high of INR81,192 crore (US$15 billion) (Government of India, 2012a). Diesel con...

by Gayatri Khedkar | On 21 Jan 2016

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

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

by Meenakshi J V | On 21 Jan 2016

The Trans-Pacific Partnership: Implications for India

The Trans-Pacific Partnership (TPP) agreement was signed on 5 October 2015 by the US and 11 countries in the Asia- Pacific. The writers of the TPP expect the agreement to result in the dynamic evoluti...

by Geethanjali Nataraj | On 21 Jan 2016

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

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

by Biswajit Dhar | On 21 Jan 2016

Twelfth Plan Working Group on Disadvantaged Farmers, Including Women

This working group on Disadvantaged Farmers, including women is one of the key working groups for defining agricultural policy in the Twelfth Five Year Plan. Eighty-three percent of India’s farmers cu...

by Bina Agarwal | On 19 Jan 2016

Openness and Technological Innovation in East Asia: Have They Increased the Demand for Skills?

This paper asks whether the increased openness and technological innovation in East Asia have contributed to an increased demand for skills in the region. We explore a unique firm level data set acros...

by Rita Almeida | On 19 Jan 2016

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

Better Hospitals, Better Health Systems, Better Health A Proposal for a Global Hospital Collaborative for Emerging Economies

With the global community mobilizing to achieve universal health coverage, adequate, efficient, and evidence-based investments in hospitals must be a cornerstone of efforts to build sustainable and ef...

by (Centre for Global Development) Advisory Faculty | On 18 Jan 2016

The Future of Jobs

The Fourth Industrial Revolution, which includes developments in previously disjointed fields such as artificial intelligence and machine-learning, robotics, nanotechnology, 3-D printing, and genetics...

by World Economic Forum [WEF] | On 18 Jan 2016

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

The Role of Industrial Policy as a Development Tool: New Evidence from the Globalization of Trade-and-Investment

This paper identifies the ingredients for what it calls “light-handed” industrial policy to address these obstacles. To a certain extent, emerging market hosts can carry out the policy interventions r...

by Theodore H Moran | On 15 Jan 2016

Rebalancing Growth in Asia

Rebalancing growth patterns of Asian economies is an important component of the overall rebalancing effort that will be required in the world economy. In this paper, I provide an empirical characteriz...

by Eswar S. Prasad | On 15 Jan 2016

Immigration Policy and Entrepreneurship

This paper analyses the impact of a change in Australia’s immigration policy, introduced in the mid-1990s, on migrants’ probability of becoming entrepreneurs. The policy change consists of stricter en...

by Stéphane Mahuteau | On 15 Jan 2016

Perception of Workplace Discrimination among Immigrants and Native Born New Zealanders

Despite considerable research on differences in labour market outcomes between native born New Zealanders and immigrants, the extent of discrimination experienced by the foreign born in the workplace...

by Bridget Daldy | On 14 Jan 2016

Understanding Mandis: Market Towns and the Dynamics of India’s Rural and Urban Transformations

Our goal is to develop, over a period of time, a collaborative, multi-level and interdisciplinary project to generate and anchor a range of new research activities to help fill this gap. The idea is...

by | On 14 Jan 2016

Gender Dynamics In A Changing Climate: How Gender and Adaptive Capacity Affect Resilience

This learning brief synthesises lessons drawn from CARE’s Adaptation Learning Programme for Africa (ALP), which has been supporting vulnerable communities in sub-Saharan Africa to adapt to the impacts...

by Webb J. | On 13 Jan 2016

Challenges for Economic Empowerment of Women In South Asia

This paper examines the changing work profiles of women in the South Asian region, with all elements of contradictions, in terms of doubling their burdens or empowering them. Are the newer avenues for...

by Preet Rustagi | On 13 Jan 2016

The Imprudence of Labour Market Flexibilization in a Fiscally Austere World

This paper assesses the effects of combining fiscal austerity with flexibilization policies aimed at reducing labour costs and increasing competitiveness. Core to our analysis is a global perspective...

by | On 11 Jan 2016

Migration, School Attainment and Child Labor: Evidence from Rural Pakistan

Inequalities in access to education pose a significant barrier to development. It has been argued that this reflects, in part, borrowing constraints that inhibit private investment in human capital by...

by | On 11 Jan 2016

Transmission of Volatility of Money Market Overnight Repo Rate along the Yield Curve in Pakistan

This paper presents the empirical results of the volatility transmission of money market overnight repo rate along the yield curve in Pakistan. The results indicate that the transmission of volatilit...

by Asif Mahmood | On 11 Jan 2016

The Perils of Counting Caste

While the unpublished findings of the ‘Caste Census’ in India might not receive serious attention if ever made public, some of the socio-economic data, made available by the same Census, can set the m...

by Ronojoy Sen | On 10 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

The Indian Bond Market

This paper tries to explain the main characteristics of the Indian government and corporate bond markets and what has contributed to the poor development of the latter. It goes on to show that an oppo...

by Chandrani Sarma | On 09 Jan 2016

India’s Rural Employment Guarantee Scheme: Has it Reduced Poverty in Chitradurga District of Karnataka?

In this paper, we evaluate India’s flagship rural employment guarantee programme, the Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS), by answering questions such as whether the MG...

by Kala Seetharam Sridhar | On 09 Jan 2016

Climate Change and its Impacts on Agriculture: Farmers’ Perception and Adaptation Measures

This study was carried out in Jagatpur VDC of Chitwan district. The study was done using quantitative and qualitative research methodology using Key informant interview, household survey and focus gro...

by Roshna Maharjan | On 08 Jan 2016

Double Bubble Trouble

Sustaining anything in the region of 7% growth should be good enough in a troubled and risk-laden world.

by T.N. Ninan | On 08 Jan 2016

Institutions for Asian Integration: Innovation and Reform

The formation of regional production networks in East Asia has occurred mainly through market forces, without much help from regional institutions in promoting the creation of a single Asian market. W...

by Masahiro Kawai | On 07 Jan 2016

Activity Based Training of WaterAid India Partners in Water Quality Monitoring & Management

Effective monitoring of access to, quantity of and quality of water is a key consideration for India. Given the large investments and big programmes and schemes including the current thrust of Sector...

by People's Science Institute PSI | On 07 Jan 2016

Remittances and Labor Supply in Post-Conflict Tajikistan

This paper analyzes the impact of remittances on the labor supply of men and women in post-conflict Tajikistan. It is found that on average men and women from remittance-receiving households are less...

by Olga Shemyakina | On 07 Jan 2016

New Measures of the Trilemma Hypothesis: Implications for Asia

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

by Masahiro Kawai | On 07 Jan 2016

Asia-Latin America Free Trade Agreements: An Instrument for Inter-Regional Liberalization and Integration?

Trade integration and free trade agreement (FTA)-led cooperation between Asia and Latin America has increased since the early 2000s. Using new criteria, this paper examines whether Asia-Latin America...

by Ganeshan Wignaraja | On 07 Jan 2016

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

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

by Woosik Moon | On 07 Jan 2016

Regional Financial Regulation in Asia

The Asian financial crisis (1997-1998) and the global financial crisis (2007-2009) highlighted the potential value of financial regionalism, i.e., regional-level cooperation in financial policy. This...

by Masahiro Kawai | On 07 Jan 2016

Temporary and Permanent Migrant Selection

The migrant selection literature concentrates primarily on spatial patterns. We integrate two workhorses of the labor literature, the Roy and search models, to illustrate the implications of migration...

by | On 07 Jan 2016

Better Hospitals, Better Health Systems: The Urgency of a Hospital Agenda

This paper outlines the nature of the issues surrounding hospitals in emerging markets and makes the case for early action to bridge the abyss of neglected hospital investments and the path needed to...

by | On 06 Jan 2016

Temporary and Permanent Migrant Selection: Theory and Evidence of Ability–Search Cost Dynamics

In this paper, patterns of selection into temporary and permanent migration are described. The simultaneity of migration, education, and other investment decisions creates a stark trade-off between...

by Joyce J Chen | On 06 Jan 2016

Supplier Reliability and Economic Reforms

Production around the world is now increasingly characterized by shorter product cycles and just-in-time processes. Consequently, the reliability of the supplier is an important distinguishing charact...

by Mokhopadhyay Partha | On 05 Jan 2016

Unacknowledged Urbanisation: The New Census Towns of India

The unexpected increase in the number of census towns (CTs) in the last census has thrust them into the spotlight. Using a hitherto unexploited dataset, it is found that many of the new CTs satisfied...

by Kanhu Pradhan | On 05 Jan 2016

Habitat III Issue Papers : 22 – Informal Settlements

Although some governments acknowledge the existence of slums and informal settlements, many do not. This lack of recognition and subsequent response directly undermines city-wide sustainable developme...

by | On 05 Jan 2016

Journey from Violence to Crime: A Study of Domestic Violence in the City of Mumbai

This section analyses the records maintained at the Special Cell, between 1990-1997, in the city of greater Mumbai. As per the procedural requirements at the Special Cell, women are supposed to sub...

by Anjali Dave | On 05 Jan 2016

Managing Capital Flows in Asia: An Overview of Key Issues

Global capital flows into emerging markets, including those in Asia, continue to be volatile, generating both benefits and costs. The latter are associated with episodes of currency and banking crises...

by Ramón López | On 01 Jan 2016

Differential effects of graduating during a recession across gender and race

This study examines the differential effects of the unemployment rate at labor market entry,defined as the time of leaving school, on subsequent wages across gender and race using the National Longitu...

by Ayako Kondo | On 01 Jan 2016

International Financial Reforms: Capital Standards, Resolution Regimes and Supervisory Colleges, and their Effect on Emerging Markets

This paper focuses on the relevance to emerging economies of three major financial reforms following the global financial crisis of 2007–2009: the improved capital requirements intended to reduce the...

by Duncan Alford | On 30 Dec 2015

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

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

by Ravi Chopra | On 29 Dec 2015

The Effect of Remittances on Labour Supply in the Republic of Haiti

We examine the labour supply effect of remittances in the Republic of Haiti, the prime international remittances recipient country in the Latin American and Caribbean (LAC) region relative to its GDP....

by Evans Jadotte | On 29 Dec 2015

Self-Employment amongst Migrant Groups in England and Wales: New Evidence from Census Microdata

Self-employment constitutes a vital part of the economy since entrepreneurs can provide not only employment for themselves but also for others. The link between self-employment and immigration is, how...

by Ken Clark | On 29 Dec 2015

Myanmar’s Agriculture Sector: Unlocking the Potential for Inclusive Growth

Myanmar’s agriculture sector offers substantial unexploited potential to underpin the country’s inclusive economic development. With extensive land, water, and labor resources, as well as proximity to...

by Jindra Samson | 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

Public and Private Control and Contestation of Public Space amid Violent Conflict in Karachi

Few cities in South Asia have been affected by violence more than Karachi, Pakistan’s largest city and economic centre. This working paper examines the impacts of the city’s declining security situati...

by Noman Ahmed | On 29 Dec 2015

Policies to Enhance Trade Facilitation in South Asia and Southeast Asia

This paper discusses trade facilitation in the context of enhancing trading links between South and Southeast Asia, in a manner understandable to the non-specialist. Presently, these two Asian regions...

by Anthony Bayley | On 29 Dec 2015

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

We estimate the response of Asian stock market prices to exogenous monetary policy shocks using a vector error correction model. In our paper, monetary policy transmits to stock market price through t...

by Farzana Sehrin | On 29 Dec 2015

Labour Cost and Export Behaviour of Firms in Indian Textile and Clothing Industry

The implementation of the Agreement on Textile and Clothing (ATC) of the World Trade Organization (WTO) renders both threats and opportunities to India’s Textile and Clothing (T&C) industry in the wak...

by Vinoj Abraham | On 26 Dec 2015

Connecting South Asia and Southeast Asia: A Bangladesh Country Study

Economic integration is being inhibited by the poor state of transport connectivity between Bangladesh, and South Asia and Southeast Asia. This study reviews connectivity initiatives of Bangladesh and...

by Mustafizur Rahman | On 23 Dec 2015

Muslim exclusion in India: A review of the literature

It’s been 7 years since Sachar Committee published its reports, highlighting the deep and extensive deprivations Muslims in India face on the range of counts. It has been as many years since the Centr...

by Sajjad Hassan | On 23 Dec 2015

Capital Structure, Ownership and Crisis: How Different Are Banks?

Employing data for 1992-2012, the article examines the factors affecting the capital structure of publicly listed Indian banks from a corporate finance perspective and compares the findings by exploit...

by Goutam Chatterjee | On 22 Dec 2015

Thailand’s Investment in India’s Northeast: Strategies, Potentials and Risks

The imperatives for Thailand’s investment in the Northeast have come from two important considerations, reflecting longterm strategic objectives of the Look West Policy of Thailand. First, India’s nor...

by | On 22 Dec 2015

Tension in the Rolling Hills: Burmese Population and Border Trade in Mizoram

This paper first describes Mizoram’s Burmese population and its integration in Mizo society. It then examines border trade and its implications, with a particular focus on Aizawl’s central market, Bar...

by Julien Levesque | On 22 Dec 2015

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

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

by United Nations Conference on Trade and Development UN | On 22 Dec 2015

Gender and Financial Inclusion through the Post

Women form a disproportionately large share of the world’s unbanked population. Gender inequalities in employment and earnings mean that women have lower incomes, making them less able to open account...

by | On 21 Dec 2015

Innovations in Knowledge and Learning for Competitive Higher Education in Asia and the Pacific

The challenge of aligning higher education services (programs) with evolving labor market changes, and responding to knowledge-based economy of respective developing countries, has been difficult for...

by Jouko Sarvi | On 21 Dec 2015

Social Exclusion and Discrimination in the Labour Market

Social exclusion of certain groups on the basis of race, creed, colour and caste has been practised in most societies. This paper explores the sources and implications of such exclusion, especially as...

by T.S. Papola | On 18 Dec 2015

Currency Concerns under Uncertainty: Case of China

This note focus on some aspects relating to China’s currency. The paper discusses the twin surpluses which have been continuing in China’s external payments, especially in relation to trade which went...

by Sunanda Sen | 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

Exchange Rate Reform in South Sudan

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

by Keith Jefferis | On 18 Dec 2015

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

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

by Smitha Francis | On 18 Dec 2015

Citizen Participation and Accountability for Sustainable

This report articulates three strategies by which the poorest and most marginalised have attempted to ensure accountability from national and global policymakers to local people.It is a response to de...

by Philip Ikita | On 17 Dec 2015

Accountability for International Nutrition Commitment Initiatives

This paper draws on secondary data to map out a proliferating set of international nutrition commitment initiatives, and assesses how these employ accountability mechanisms to support the delivery of...

by Dolf J.H. te Lintelo | On 17 Dec 2015

Income Inequality and Labour Income Share in G20 Countries: Trends, Impacts and Causes

The paper present concise evidence of recent trends in inequality and labour income shares and to identify possible causes as a basis for developing potential policy responses. This report takes up th...

by Internaional Labour Organization [ILO] | On 17 Dec 2015

Post - Harvest Management of Mushrooms with Special Reference to Himachal Pradesh

The mushrooms of Himachal Pradesh should be established 'As a quality produce of India' in foreign markets to exploit present declining trend of mushroom production in many producing countries. In a...

by Ministry of Agriculture GOI | On 17 Dec 2015

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

Domestic Work, Wages and Gender Equality: Lessons from Developing Countries

The paper looks at the basic characteristics of female domestic workers, gaps in minimum wage coverage, compliance, and the extent of minimum wage violations. Presenting empirical evidence on labour m...

by | On 16 Dec 2015

An Analysis of the Turmoil in the Stock Market: Issues and Challenges for Monetary Policy

The objective of this study is to examine the characteristics of the stock market bubble burst in Bangladesh and policy response for the sample period from 2004:7-2013:2. This paper also discusses the...

by Dr. Sayera Younus | On 15 Dec 2015

A Proposal for an Open University of Nepal for Providing Higher Education to the Rural and Marginalized People

The disadvantaged and marginalized groups in Nepal, and particularly women and Dalits, face grave hurdles to acquire post secondary education. Lack of educational access has deprived the rural and m...

by Pramod Dhakal | On 15 Dec 2015

Ensuring and Protecting the Land Leasing Right of Poor Women in India

This paper critically examines how lease farming can be a viable livelihood option for landless rural poor, especially women in India. In the absence of land ownership and education, the majority of l...

by | On 08 Dec 2015

Progress of the World’s Women 2008/2009: Who Answers to Women?

The “Progress of the World's Women 2008/2009: Who Answers to Women?” demonstrates that one of the most powerful constraints on realizing women's rights and achieving the Millennium Development Goals (...

by | On 07 Dec 2015

The Future of Forests: Emissions from Tropical Deforestation With and Without a Carbon Price, 2016-2050

The future of tropical deforestation is projected from 2016-2050 with and without carbon pricing policies, based on 18 million observations of historical forest loss spanning 101 tropical countries.

by Jonah Busch | On 04 Dec 2015

‘Leave No One Behind’: Gender, Sexuality and the Sustainable Development Goals

If the global commitment to eradicate inequality for all people is truly unequivocal, as leaders claim it to be, the implementation of these Sustainable Development Goals (SDGs) needs to take into acc...

by | On 03 Dec 2015

Government Intervention in Grain Markets in India: Rethinking the Procurement Policy

This paper reviews the rice procurement operations of the Government of India from the standpoints of cost of procurement as well as effectiveness in supporting farmers’ incomes. The two channels used...

by Neha Gupta | On 02 Dec 2015

Call Centre as an Emerging Work Space – A Study of its Workers in Indian Context

An attempt is made in this paper to understand the different dimensions of the call centre as an emerging workspace. The paper provides a critical narrative of the profile of respondents (N=22), natur...

by B.Devi Prasad | On 02 Dec 2015

Adolescents under the Radar: In the Asia-Pacific AIDS Response

This report highlights the HIV crisis for vulnerable adolescents in Asia and the Pacific and what we can do to give them the support they desperately need. If we fail to do this, the world will not g...

by United Nations Children's Fund UNICEF | On 01 Dec 2015

Workfare and Human Capital Investment: Evidence from India

The paper examines the effect of India's National Rural Employment Guarantee Scheme (NREGS), one of the largest workfare programs in the world, on human capital investment. Since NREGS increases labor...

by | On 16 Nov 2015

Towards a Greener Economy: The Social Dimensions

This report is the result of a cooperation project between the Directorate-General for Employment, Social Affairs, and Inclusion of the European Commission and the International Institute for Labour S...

by | On 16 Nov 2015

Women's Voices: Employment and Entrepreneurship in India

The report maps the workforce participation and aspirations of young women and girls from low income groups in and around four metropolitan cities of India and determines the barriers they face in rea...

by | On 13 Nov 2015

Performance of Targeted Public Distribution System in Kerala

Targeted Public Distribution System was introduced in the country following the failure of the Universal PDS to serve below the poverty line and poorest of the poor households.It is being implemente...

by T Jayan | On 04 Nov 2015

Non-Standard Work and Workers: Organizational Implications

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

by | On 03 Nov 2015

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

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

by Vijesh Krishna | On 02 Nov 2015

Skyrocketing Prices of Pulses and the Agrarian Crisis: Impact of Neo-liberal Policies

This interview with Vijoo Krishnan, Joint Secretary All India Kisan Sabha, on the agrarian crises leading to farmer suicides and rising prices of food grains traces backs the agrarian crises to the ne...

by Vijoo Krishnan | On 02 Nov 2015

Development Central Banking: A Review of Issues and Experiences

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

by | On 28 Oct 2015

Global Employment Trends for Youth 2015

The Global Employment Trends for Youth 2015 provides an update on key youth labour market indicators and trends, focusing both on the continuing labour market instability and on structural issues in y...

by | On 28 Oct 2015

The Impact of Climate Change on Agriculture: A Case Study from Nepal

In Nepal, as in many developing countries, concerns are increasing about the negative impact of climate change on agricultural yields and food security. The Nepalese have already seen changes in their...

by | On 22 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

The Gender Dimensions of Pension Systems: Policies and Constraints for the Protection of Older Women

This paper documents the pervasiveness of women’s lack of income security in old age across a large number of countries, but also points to a number of important policy measures that can be taken to a...

by | On 20 Oct 2015

Policy Tradeoffs in an Open Economy and the Role of G-20 in Global Macroeconomic Policy Coordination

In this paper the aim is to investigate the different nuances of India's capital account management through empirical analyses as well as descriptive discussions. In particular the study the evolution...

by Rajeswari Sengupta | On 19 Oct 2015

The Influence of Industry Financial Composition on the Exports from Pakistan

the influence of the industry financial composition on the export flow between Pakistan and its trading partners is determined. The importing countries are split according to their OECD membership st...

by Aadil Nakhoda | On 16 Oct 2015

Natural Interest Rate: Assessing the Stance of India’s Monetary Policy under Uncertainty

Using a theoretical framework that combines the essence of Ramsay’s growth model and the New-Keynesian macrodynamics, and applying the Kalman filter estimation technique, this paper finds that Indi...

by Harendra Behera | On 16 Oct 2015

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

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

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

Present study has been undertaken to understand that to what extent reforms measures in terms of repeal of the act has affected investment in agricultural marketing infrastructure. The present s...

by Vijay Intodia | On 14 Oct 2015

Rainbow Revolution in Bihar: Problem and Prospect

Green revolution has made the country self-sufficient in food grain production, mainly rice and wheat. We now need to usher in a rainbow revolution which encompasses not only agriculture but the allie...

by R K P Singh | On 13 Oct 2015

Inequality: Trends, Harms and New Agendas

The paper focuses on within-country inequalities. It discusses in particular how the consequences of inequality are shaped by specific mechanisms that operate at the national, community and individual...

by | On 13 Oct 2015

Panchayats and Household Vulnerability in Rural India

This paper tries to assess the impact of coping strategies on household welfare. The paper tries to identify the components of vulnerability to better focus policy. India, particularly rural India, h...

by Raghbendra Jha | On 12 Oct 2015

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

Soil Health: Issues and Concerns - A Review

This paper brings out the importance of soil fertility management (SFM) with respect to agricultural production and livelihood contribution to the rural people. It looks into the farmers' own knowledg...

by B. Suresh Reddy | On 08 Oct 2015

A Darwinian Perspective on “Exchange Rate Undervaluation”

This paper studies how status competition for marriage partners can generate surprising effects on the real exchange rate (RER). In theory, a rise in the sex ratio (increasing relative surplus of men)...

by Qingyuan Du | On 08 Oct 2015

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

Scarce Land: Issues, Evidence and Impact

This paper was written in response to something that happened at one session of the 2013 Cuddalore Conference of the All India Kisan Sabha (AIKS). In India, net sown area had expanded from 1950-51 up...

by Sheila Bhalla | On 01 Oct 2015

Ground Water and Farm Incomes at Risk from Climate Change in Tamil Nadu, India

Research from South India suggests that climate change will affect ground water availability with serious and negative implications for agriculture. Any increase in temperature above a threshold of ...

by R. Balasubramanian | On 30 Sep 2015

Rural Poverty Reduction Strategy for South Asia

Roughly 40 percent of the world’s poor live in South Asia, where poverty is basically a rural problem. Therefore, a significant gain in rural poverty reduction in this sub-region will be crucial to re...

by | On 30 Sep 2015

The Global Competitiveness Report 2015–2016

The Global Competitiveness Report 2015-2016 presents the rankings of the Global Competitiveness Index (GCI). The GCI is based on 12 pillars that provide a comprehensive picture of the competitiveness...

by | On 30 Sep 2015

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

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

by Jonathan Woetzel | On 30 Sep 2015

Food Security, Productivity, and Gender Inequality

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

by Bina Agarwal | On 29 Sep 2015

Mobile Phones: The Next Step towards Healthcare Delivery in Rural India?

Given the ubiquity of mobile phones, their use to support healthcare in the Indian context is inevitable. It is however necessary to assess end-user perceptions regarding mobile health interventions e...

by | On 22 Sep 2015

Production, Market Structure and the Role of Public Policy: Foodgrains in the New Economy

Although India’s plans for market reforms and opening up agriculture with earnest optimism and anticipation, every step on the way was laced with caution and deliberation and every action was weighed...

by Nilabja Ghosh | On 21 Sep 2015

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

Agricultural Diversification and Poverty in India

As stress on Indian agriculture increases because of several reasons, such as continuous fragmentation of landholdings and climate change, there is a serious threat to livelihood based on farming. Thi...

by Digvijay S. Negi | On 17 Sep 2015

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

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

by Michael Clemens | On 16 Sep 2015

From India to the Gulf region: Exploring links between labour markets, skills and the migration cycle

Despite the substantial benefits generated by the migration flow between India-GCC migration flow, many challenges remain to ensure a fairer distribution of the profits. Much has been written on the a...

by | On 15 Sep 2015

Overcoming the Curse of Malnutrition in India: A Leadership Agenda for Action

The leadership agenda for action released by Coalition for Sustainable Nutrition Security in India to promote policy, programme and budgetary focus on overcoming the curse of malnutrition. The Coaliti...

by Coalition for Food & Nutrition Security India | On 11 Sep 2015

Social Security for International Labour Migrants: Issues and Policy Options

Cross-border population movement, an indispensible feature of the current phase of globalisation, has led to significant changes in the migration landscape. Factors like temporisation of labour flows,...

by | On 09 Sep 2015

A Review of Data on Nutrition in India: Preliminary Findings

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

by | On 04 Sep 2015

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

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

by Pami Dua | On 03 Sep 2015

Financial Market Regulation in India-Looking back, Looking Ahead

A broad assessment of the evolution of financial markets and the issues we are grappling with are given here. We can learn right lessons from other countries. There could be different view points and...

by Harun R Khan | On 31 Aug 2015

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

Wages and Working Conditions on the Formal Labour Market in India

The labour market structure plays a vital role in chalking out the development and growth path of a country. The labour market polices, institutions, and patterns of employment in turn determine the s...

by Biju Varkkey | On 26 Aug 2015

Women in NREGA: Issues of Child Care

The present study on evaluation of the NREGA Scheme is intended to assess the impact of this scheme on the status of child care services at worksites of the NREGA, status of facilities available to wo...

by Madhuri Karak | On 25 Aug 2015

Employment and Inequality Outcomes in India

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

by | On 25 Aug 2015

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

Has Indian Plantation Sector Weathered the Crisis? A Critical Assessment of Tea Plantation Industry in the Post-reforms Context

the paper provides an overview of the growth and status of Indian tea plantation sector delineating the trends in economic performance in the global context in a historic perspective. It then examine...

by Viswanathan P K | On 25 Aug 2015

On Reckoning Level Differentials in the Measurement of Progress: An Illustration in the Context of Deliveries Assisted by Skilled Health Personnel

The paper highlights that performance assessments should account for non-linear dynamics of progress, whereby an improvement at a higher level represents greater achievement than an equal improvement...

by William Joe | On 21 Aug 2015

Youth Employment in Developing Countries

This report tries to address youth employment challenges, and suggests measures that countries will need an integrated approach involving different levels of government and linking with overall develo...

by | On 20 Aug 2015

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

Long Run Trends in Unemployment and Labor Force Participation in China

Unemployment rates in countries across the world are typically positively correlated with GDP. China is an unusual outlier from the pattern, with abnormally low, and suspiciously stable, unemployment...

by Shuaizhang Feng | On 19 Aug 2015

Mahatma Gandhi National Rural Employment Guarantee Act: A Catalyst for Rural Transformation

This report examines changes in the lives of rural households and in the rural economy against the backdrop of changes brought about by the programme. This research report addresses such challenging q...

by Sonalde Desai | On 13 Aug 2015

Public Debt Management in India and Related Issues

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

by Lakshmanan L | On 13 Aug 2015

Social Enterprises and Employment: Mainstreaming SMEs and Employment Creation

This paper argues that mainstreaming SMEs and SE into various international treaties will require the assumption of positive externalities which markets cannot fully evaluate. To show this, the possib...

by Leonardo Lanzona | On 12 Aug 2015

Inflation Targeting for India?: The Implications of Limited Asset Market Participation

This paper considers the implications of an imperfect monetary transmission mechanism for optimal monetary policy choices in an open economy. The asset market channel is restricted in this paper as so...

by | On 11 Aug 2015

Land Marked by Policy Distortions

Of all the markets in which politicians interfere with prices, the land market is probably the last that will be reformed.

by T.N. Ninan | On 08 Aug 2015

Quality and Accountability in Healthcare Delivery: Audit Evidence from Primary Care Providers in India

This paper presents direct evidence on the quality of health care in low-income settings using a unique and original set of audit studies, where standardized patients were presented to a nearly repres...

by Alaka Holla | On 04 Aug 2015

IT Governance and IT Strategy: Board's Eye View

Banking in India and globally is undergoing and there are many challenges that are lying ahead. The basic underlying theme that runs through this changing landscape is the ever increasing reliance on...

by Harun R Khan | On 04 Aug 2015

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

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

by Gazi Mahabubul Alam | On 03 Aug 2015

A Reality Check on Suicides in India

In this paper, we study the data from the National Crime Record Bureau (NCRB) of India and disaggregate across demographic and leading causes of suicides. We find that mental and physical health are t...

by Shamika Ravi | On 02 Aug 2015

Foreign Investment in Hospital Sector in India: Trends, Pattern and Issues

This study examines the status of and trends in foreign investment inflow into the Indian hospital sector and highlights the emerging issues from 2000 to 2014, the era of liberalised foreign investmen...

by | On 31 Jul 2015

Resolving the Food Crisis – Assessing Global Policy Reforms Since 2007

The report looks beyond the proclamations and communiqués to assess what has really changed since the crisis erupted. While not exhaustive, the report looks at: Overseas Development Assistance, both i...

by | On 30 Jul 2015

Trafficking in Persons Report

This report, produced by the United States of America's Department of State, catalogues the state of human trafficking as of 2015 across the world.

by Department of State United States of America | On 30 Jul 2015

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

Endangered Lives on the Border: Women in the Northeast

This volume contains three research papers, entitled “Heat of the Barbed Wire: Engendered lives along the borderlands of West Garo Hills” by Anjuman ara Begum; “Sanitized Societies and Dangerous Inter...

by Anjuman Ara Begum | On 24 Jul 2015

Can GDP-Linked Official Lending to Emerging Economies and Developing Countries Enhance Risk Management and Resilience?

This paper considers whether GDP-linked official external public debt can help address some of the challenges that developing countries face when managing international financial flows. GDP-linked off...

by United Nations Development Programme UNDP | On 20 Jul 2015

Banking on Non-solutions

Can state owned banks revive Indian economy? Let's see what the managerial solutions to revive banks show us.

by T.N. Ninan | On 18 Jul 2015

Contract Labour (Regulation and Abolition) Act 1970 and Labour Market Flexibility: An Exploratory Assessment of Contract Labour use in India’s Formal Manufacturing

This paper seeks to examine this Act and its implication for manufacturing employment in India. While empirical evidence seems to indicate the presence of large number of ‘contract’ workers in the Ind...

by Deb Kusum Das | On 13 Jul 2015

Integrating South and Southeast Asia through Services Value Chain: The Case of India and Thailand

The objective of this paper is to understand the prospects of enhancing services trade, investment and co-operation between South and Southeast Asia, taking the example of India and Thailand, by focus...

by | On 13 Jul 2015

Inflation Targeting for India? The Implications of Limited Asset Market Participation

This paper considers the implications of an imperfect monetary transmission mechanism for optimal monetary policy choices in an open economy. The asset market channel is restricted in this paper as so...

by | On 09 Jul 2015

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

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

by Nepal Rastra Bank NRB | On 26 Jun 2015

Developing a New Perspective on Child Labour: Exploring the Aftermath of Mumbai Raids Conducted from 2008 Onwards

India has 12.6 million child labourers in the age group of 5 to 14 years as per the National Census 2001. Our country is yet to commit itself towards elimination of child labour. espite the ratificati...

by Child Rights and You CRY | On 22 Jun 2015

A Noodle-Bowl of Issues

Will those who promote ayurvedic products that have iron as a standard ingredient, get the same treatment as Maggi noodles, or benefit from benign neglect?

by T.N. Ninan | On 15 Jun 2015

Stereotypical Occupational Segregation & Gender Inequality: An Experimental Study

This paper attempts to distinguish ‘trust in cooperation’ from ‘trust in ability’ with respect to gender through an experimental trust game. ‘Trust in ability’ is explored in the context of hands-on m...

by Savita Kulkarni | On 10 Jun 2015

When the Kerala Model of Development is Historicised: A Chronological Perspective

It is proposed in this study that the development experience in Kerala has resulted ultimately in weakening the material basis of public action. On limited evidence it is pointed out that the poor in...

by P.K.Michael Tharakan | On 10 Jun 2015

International Migration of Health Professionals and the Marketization and Privatization of Health Education in India: From Push–Pull to Global Political Economy

Health worker migration theories have tended to focus on labour market conditions as principal push or pull factors. The role of education systems in producing internationally oriented health workers...

by | On 09 Jun 2015

In Search of a Model Land Legislation the New Land Acquisition Bill and its Challenges

The draft Land Acquisition and Rehabilitation and Resettlement Bill, which was introduced in the Lok Sabha on September 7, 2011 is one of the most important legislations waiting for Parliamentary appr...

by Niranjan Sahoo | On 05 Jun 2015

Impact of Interbank Liquidity on Monetary Transmission Mechanism: A Case Study of Pakistan

The transmission mechanism of policy-induced changes are is analysed in the discount rate and required reserves in Pakistan. The results suggest that the pass through to the lending rate is complete f...

by Muhammed Omar | On 05 Jun 2015

“They Say We’re Dirty” Denying an Education to India’s Marginalized

In 2009, India enacted the Right of Children to Free and Compulsory Education Act, which provides for free and compulsory education to all children aged 6 to 14 based on principles of equity and non-d...

by Human Rights Watch | On 02 Jun 2015

Land Markets, Government Interventions, and Housing Affordability

Urban population growth and economic growth require cities to expand into the agricultural land on their periphery. How much land is required for this extension? How much planning and direct intervent...

by Alain Bertaud | On 01 Jun 2015

Report of the Working Group on Agricultural Research and Education for the Twelfth Five Year Plan 2012-17

This report mainly focuses on agricultural research and education so as to make the system demand-driven, enhance technology flow to farmers and bring transformational changes in Indian agriculture. T...

by Planning Commission | On 28 May 2015

Report of the Working Group on Agricultural Marketing Infrastructure, Secondary Agriculture and Policy Required for Internal and External Trade for the Twelfth Five Year Plan

Objectives of the Working Group is to empower the farmers to get a higher realization for their produce and a better share of the consumers’ price; recommendations have been made to improve efficiency...

by Planning Commission | On 27 May 2015

Migrant Workers, Can ASEAN Strengthen its Labour Policy?

This video highlights a discussion which reviews the level of labour market integration in ASEAN and assesses labour market reforms being undertaken as part of the establishment of the ASEAN Economic...

by | On 26 May 2015

State of Indian Farmers: A Report

The present study is based on primary survey across 18 states of India by the Centre for the Study of Developing Societies (CSDS), Delhi conducted between December 2013 and January 2014. The survey wa...

by | On 18 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

Reforming Labour Markets in States

resenting a critical review of the issues in labour market reforms in India, this article places them against the backdrop of trends in labour force participation and formal/informal employment in the...

by Achin Chakraborty | On 18 May 2015

YOJANA Volume 58, Issue 1- January 2014

The January 2014 issue of YOJANA contains the following articles - Tribal and Marginalized Communities, Constitutional Provisions, Laws and Tribes, Actualising Adivasi Self-Rule, The Food Bill, Wild F...

by Ministry of Information and Broadcasting MIB | On 11 May 2015

MGNREGA: Opportunities, Challenges and the Road Ahead

The Second Report of the Consortium of Civil Society Organizations on MGNREGA emphasis on market reforms and GDP through government schemes like MGNREGA. The paper also focuses on states within India...

by National Consortium on MGNREGA GoI | On 08 May 2015

Annual Report: 2010-2011

This report of government details on challenges in agriculture sector. There is a need to address these issues as India faces a greater challenge, since with only 2.3% share in world’s total land area...

by Ministry of Agriculture GOI | On 07 May 2015

National Agroforestry Policy - 2014

The National Agroforestry Policy, which deals with the practice of integrating trees, crops and livestock on the same plot of land, was launched February 10, the first day of the World Congress on Agr...

by | On 21 Apr 2015

Network Neutrality – Hong Kong’s Perspectives

The next generation broadband infrastructure will provide access to two categories of content, applications and services – those delivered over the Internet and those provided on the managed networks...

by | On 14 Apr 2015

Economic Survey of Maharashtra 2014-15

Maharashra Government, State Economy, Population, State income, Prices & Public Distribution System, Public Finance, Institutional Finance & Capital Market, Agriculture & Allied Activities, infrastru...

by Government of Maharashtra | On 09 Apr 2015

Separating Shocks from Cyclicality in Indian Aggregate Supply

An ongoing debate on the shape of the Indian aggregate supply curve (AS) raises interesting econometric and policy issues. Systematic steps were taken to improve the estimation. On adding better vari...

by Ashima Goyal | On 02 Apr 2015

The National Food Security Act (NFSA) 2013 - Challenges, Buffer Stocking and the Way Forward

The paper empirically maps the annual distribution commitment (61.43 MMTs) of the government with the procurement pattern of rice and wheat, for each quarter, to estimate the quarterly operational sto...

by Shweta Saini | On 01 Apr 2015

Intellectual Property Rights and Innovation: MNCs in Pharmaceutical Industry in India after TRIPS

The paper discusses several patent cases to argue that MNCs are aggressively asserting their patent rights not for getting genuine patents which they are entitled to but for preventing generic competi...

by Sudip Chaudhuri | On 30 Mar 2015

Industrial Policy: Its Relevance and Currency

This paper makes an attempt to reflect on the debate on industrial policy, which has seen a revival of sorts in recent years, by analysing the developments in the two most important faces of market-or...

by Biswajit Dhar | On 25 Mar 2015

Developing the Financial Sector and Expanding Market Instruments to Support a Post-2015 Development Agenda in Asia and the Pacific

The study discusses complementary initiatives in terms of legal and regulatory reforms necessary to sustainably support market-oriented financing options. Given market orientation, the paper is comple...

by | On 24 Mar 2015

Towards A Pareto Efficient Indian Agricultural Market - with specific focus on rice and wheat markets

The paper examines the policies of the central as well as state governments with respect to the agricultural market, specifically in rice and wheat markets, analyses their shortcomings and argues for...

by Dr Anandi Subramanian | 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

Budget Speech of Maharashtra Part I 2015-16

Speech of Finance Minister of Maharashtra

by | On 23 Mar 2015

Searching for Security: The Rising Marginalization of Religious Communities in Pakistan

Despite some recent signs of progress in Pakistan, there continues to be high levels of religious discrimination in the country. Drawing on an extensive review of the literature and interviews with a...

by | On 19 Mar 2015

Make in India: Re-chanting the Mantra with a Difference

The paper attempts to trace the origin and idea of Make in India through time and identifies what needs to be done to turn the Make in India mantra into a reality. Free market is the engine of growth...

by Satish Y Deodhar | On 13 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

Stability and Transitions in Emerging Market Policy Rules

Conditions for stability in an open economy dynamic stochastic general equilibrium model adapted to a dualistic labor market (SOEME) are the same as for a mature economy. But the introduction of mon...

by Ashima Goyal | On 11 Mar 2015

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

What Holds Back Manufacturing in South Asia

The recent South Asian (other than that of Bangladesh) experience of a growing merchandise trade deficit and the challenge of job creation have forced attention back on the role of manufacturing. Bang...

by | On 09 Mar 2015

Straw in the Wind

What does the decision to save groundwater in Punjab or Haryana have to do with air pollution in Delhi? Plenty. We need to know this because many actions have unintended and deadly consequences.

by Sunita Narain | On 26 Feb 2015

Mid-Year Economic Analysis 2014-2015

In July 2013, India was teetering on the edge of macroeconomic crisis with double digit inflation, a high and rising current account deficit (CAD), and a falling rupee as investor sentiment turned s...

by Ministry of Finance GOI | On 18 Feb 2015

The Impacts of Infrastructure in Development: A Selective Survey

Development economists have considered physical infrastructure to be a precondition for industrialization and economic development. Yet, two issues remain to be addressed in the literature. First, whi...

by Yasuyuki Sawada | On 16 Feb 2015

Report of the Working Group on Agricultural Marketing Infrastructure, Secondary Agriculture and Policy Required for Internal and External Trade

The report reviews existing agricultural marketing system. It deals with improving efficiency and reducing transaction cost in Agricultural Marketing by strengthening the physical markets, encouraging...

by Planning Commission | On 11 Feb 2015

Determinants of Regional Patterns of Manufacturing Exports: Indian Firms since the Mid-1990s

A preliminary analysis of the spatial determinants of firms’ export activities by Indian states has been undertaken in this study. Thus, the present study attempts to fill the gap by focusing on issue...

by Jaya Prakash Pradhan | On 06 Feb 2015

Migration and Informality

This paper outlines the trends and patterns of migrants . It also discusses the impact and socioeconomic characteristics of migration in Delhi.

by | On 05 Feb 2015

Water Scarcity & Climate Change: Growing Risks for Businesses & Investors

This report outlines the wide-ranging risks investors and companies face from water scarcity and how global climate change will heighten those risks in many parts of the world. The report makes clear...

by | On 04 Feb 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

Approaches to Food Security in Brazil, China, India, Malaysia, Mexico, and Nigeria: Lessons for Developing Countries

This paper provides a review of the national experiences of six emerging and developing economies, two from Latin America (Brazil and Mexico), three from Asia (China, India, and Malaysia), and one fro...

by Pooja Sharma | On 23 Jan 2015

Agribusiness Franchising in India: Experience and Potential

This paper locates the rationale for franchising in agribusiness from global literature and from the Indian smallholder agricultural context where other ways of reaching small farmers or linking them...

by Sukhpal Singh | On 23 Jan 2015

Trade Policy Uncertainty and the WTO

This paper discusses the impact of WTO commitments on changes in MFN applied tariffs, isolating pure trade policy changes from any other change in the level of protection due to market conditions by f...

by Valeria Groppo | On 22 Jan 2015

Economic Sociology and Political Economy: A Programmatic Perspective

The paper presents some of the ideas underlying the current research program of the Max Planck Institute for the Study of Societies (MPIfG). It begins with a discussion of how the institute’s pro- gra...

by Jens Beckert | On 18 Jan 2015

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

Designing Policies in the Presence of Hawala Markets

The paper explores the impact of the existence of such a mechanism on the effectiveness of various policy instruments in influencing outcomes on the official foreign exchange markets and GDP. The pape...

by R.Kavita Rao | On 13 Jan 2015

Militancy and Identity Politics in Assam

With the state getting tougher and the public turning against them, the militants in Assam are clearly on the defensive today. Militancy in Assam is not a mere law and order problem but a reflection o...

by | On 29 Dec 2014

Depeasantization in Punjab: Status of Farmers who Left Farming

The state of Punjab, earlier regarded as an agriculturally developed region of India, has been passing through a severe economic crisis. The capital-intensive mode of production, propagated by the gre...

by | On 24 Dec 2014

The Emergence of a New Generation: The Generational Experience and Characteristics of Young North Koreans

Through the course of economic hardships and spontaneous marketization, the social consciousness and mindset of the North Korean people have changed. In turn, this has become a major factor to the...

by | On 24 Dec 2014

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

Price Movements for Rice and Wheat: A Structuralist Policy Perspective

This paper examines the price movements in rice and wheat, following structuralist principles emphasizing the necessity of long term solutions in combination with short and medium term management. How...

by K U Gopakumar | On 17 Dec 2014

Impediments to Contract Enforcement in Day Labour Markets: A Perspective from India

This paper focuses on one such setting in India's urban informal economy: the 'day labour' market for casual labour. We survey seven such markets in Navi Mumbai (a city on the outskirts of Mumbai),...

by Karthikeya Naraparaju | On 12 Dec 2014

Land of exclusion: India exclusion Report 2013-14

The report seeks to track and map the extent to which central and state governments in India have succeeded in ensuring access to a range of basic public goods for all people. This report argues that...

by Centre Equity Studies | On 27 Nov 2014

Economic Evaluation of Minority Welfare

The authors review the conceptualisation, and implementation of policies related to the welfare of minority communities in India, with a special focus on Muslims as a minority group. Using the case s...

by Ritu Dewan | On 21 Nov 2014

What are the Headwaters of Formal Savings? Experimental Evidence from Sri Lanka

When households increase their deposits in formal bank savings accounts, what is the source of the money? High-frequency surveys are combined with an experiment in which a Sri Lankan bank used mobil...

by Michael Callen | On 13 Nov 2014

Sustainable Agriculture: A Pathway out of Poverty for India’s Rural Poor

Millions of farmers in remote rural areas of India struggle to feed themselves and their families, while the resources on which they depend are deteriorating daily. This book shows how sustainable agr...

by Sustainable Agriculture Information Network | On 06 Nov 2014

A Spatial Integration Analysis of the Regional Fertilizer Markets in the Philippines

Fertilizer, which is an important production input, holds a significant share in total cost of production for some crops. Based on the available fertilizer price data, it can be observed that pr...

by Ivory Myka R. Galang | On 30 Oct 2014

Women and Labour Markets in Asia: Rebalancing for Gender Equality

The report is a joint undertaking by the ADB and the ILO’s Regional Office for Asia and the Pacific, reflecting the high-level commitment of both organizations to gender equality in the region, as an...

by International Labour Organisation ILO | On 29 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 Soya Project: Farm Evangelists

In 2008, two earnest young men set out to boost soya bean yields in the semi-arid region of Bundi in Rajasthan. Rainfall there is meagre and the soil lacks nutrients. But there are ready buyers for so...

by Civil Society | On 20 Oct 2014

Creating Youth Employment in Asia

This paper examines the labour market characteristics for adults and the entire population. Then it analyses challenges and opportunities in labour market for youth. Next, the paper discusses the exis...

by S.Mahendra Dev | On 15 Oct 2014

Mapping the World of Women's Work: Regional Patterns and Perspectives

The impact on the Indian labour market of the slowing down of global economy is a complex issue. It is evident that women have become 'shock absorbers' in the overall functioning of labour market dyna...

by Michael Levien | On 14 Oct 2014

Evolution and Critique of Buffer Stocking Policy of India

An evaluation of the country’s buffer stock policy reveals gaps and inefficiencies. Large quantities of food grains have accumulated in the godowns of the Food Corporation of India (FCI) and its nom...

by Shweta Saini | On 26 Sep 2014

Demand for Price Insurance among Farmers in India: A Choice Experiment-based Approach

Agriculture is an intrinsically risky economic activity. Farmers face a multitude of risks, such as production risks, on account of weather variations, and price risks, associated with falling output...

by Thaigu Ranganathan | On 24 Sep 2014

Youth Employment and Unemployment: An Indian Perspective

Creating jobs for young people is a major challenge around the world, which has ben further exacerbated by the global financial crisis that hit this group hard. In this broader global context, this pa...

by Sher Verick | On 23 Sep 2014

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

The global economic crises that started in 2008 have exposed commodity markets to increasing price volatility and raised concerns for higher inflation, food security and poverty reduction. This seri...

by S.Mahendra Dev | On 12 Sep 2014

Employment Guarantee for Women in India Evidence on Participation and Rationing in the MGNREGA from the National Sample Survey

The Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA), which guarantees employment of every rural household for 100 days, has different progressive provisions which incentivise higher p...

by Sudha Narayanan | On 25 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

Budget 2014-15: The Continuing Neglect of the 'Rural'

The Union Budget remains significant for the agricultural sector in the country for at least the following two reasons. First, the budget comes in the background of an agrarian crisis in the country,...

by Arindam Banerjee | On 04 Aug 2014

Marching towards Inclusive Education: Are we Prepared for Inclusive Science Education?

The paper reports the historical background of inclusion in education and the status of inclusion in education in India. The article concludes that in spite of several efforts by the Government and ot...

by Amit Sharma | On 28 Jul 2014

Expert Opinions on the Budget 2014: Analyzing for Rural India

A group of economists presented their views on what the Union Budget 2014-15 offered for India's agricultural sector and farmers, during a conference entitled Analyzing the Budget 2014 for Rural India...

by Shambhu Ghatak | On 23 Jul 2014

To Cultivate or Not? Examining Factors that Influence Jatropha Agriculture in North East India

This study examines factors that determine the adoption and continued production of Jatropha in plantations in North East India. The study is based on a sample of 144 current-farmers, 137 previous far...

by Kishor Goswami | On 21 Jul 2014

The Role of Mineral Fertilizers in Transforming Philippine Agriculture

Fertilizer policy in the country has evolved from pervasive interventionism in the 1970s to today's market-oriented regime. Government has abandoned price policies and subsidies, focusing rather on...

by Roehlano M. Briones | On 20 Jun 2014

The Market Valuation of Innovation: The Case of Indian Manufacturing

The relationship between market value and innovation in the context of manufacturing firms in India was analysed, using data for 2001-2010. In a milieu where most firms do not patent, the concern was...

by Sunil Kanwar | On 10 Jun 2014

The Global Labour Standards Controversy: Critical Issues for Developing Countries

This policy study seeks to move the debate on labour standards beyond the present stalemate onto a more constructive plane. While closely examining the economic arguments in this controversy, it is al...

by Ajit Singh | On 09 Jun 2014

Price, Markups and Trade Reforms

This paper examines how prices, markups and marginal costs respond to trade liberalization. Multi-product firms are used in the study. [BREAD WP No. 418].

by Jan De Loecker | On 02 Jun 2014

Monetary Incentives to Reduce Open-Field Rice-Straw Burning in the Plains of Nepal

In southern Nepal, rice straw burning in open fields is common practice. This is problematic because biomass burning contributes to smoke, black carbon and greenhouse gases. While some studies have ex...

by Krishna Prasad Pant | On 02 Jun 2014

Global Employment Trends for Youth 2013: A Generation at Risk

This issue of Global Employment Trends for Youth provides an update on youth labour markets around the world, focusing both on the continuing labour market crisis and on structural issues in youth lab...

by International Labour Organisation ILO | On 30 May 2014

Organised Labour and Economic Liberalisation India: Past, Present and Future.

This paper examines the role of organised labour in India in a structural and historical context. It attempts to trace the economic, political and social effects of the trade union movement and its st...

by Debashish Bhattacharjee | On 23 May 2014

Labour Market Information System - An Indian Perspective

The concept paper is conceptualization of a well-structured LMIS to assist planning and delivery of training for NSDC. The report is structured into key sections which unfold the blueprint for buildin...

by National Skill Development Corporation (NSDC) | 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

Search-Theoretic Models of the Labor Market: A Survey

The survey literature on search-theoretic models of the labor market. They show how this approach addresses many issues, including the following: Why do workers sometimes choose to remain unemployed?...

by Richard Rogerson | On 23 May 2014

World Youth Report 2007 Young People’s Transition to Adulthood: Progress and Challenges

The Report highlights the unique aspects of youth development in various regions but emphasizes that young people the world over are ultimately constrained in their efforts to contribute to their own...

by United Nations UN | On 16 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

Issues of Exclusion and Inclusion in Decentralized Local Governance Institutions in India

This paper proposes to explore “the issues of exclusion and inclusion in decentralized local governance institutions in India”. It also tries to explore how the marginalized groups are excluded in the...

by Dr. Dasarathi Bhuyan | On 14 Apr 2014

Extensive and Intensive Margins of India's Exports: Comparison with China

Should India's export promotion policies be targeted at accelerating export growth at the extensive(new trading relationships) or at the intensive margin (increase in trade of existing relationships)...

by C. Veeramani | On 08 Apr 2014

Farmers’ Preferences for Climate-Smart Agriculture: An Assessment in the Indo-Gangetic Plain

This study was undertaken to assess farmers’ preferences and willingness to pay (WTP) for various climate-smart interventions in the Indo-Gangetic Plain. To assess farmers’ choices and their WTP for t...

by Garima Taneja | On 07 Apr 2014

Price Transmission and Market Power in Modern Agricultural Value Chains

Price transmission is theoretically examined and how exogenous consumer price shocks (triggered for instance by income changes, global shocks, or by changes in consumer preferences) are transmitted to...

by Johan F.M. Swinnen | On 20 Mar 2014

Enhancing The Competitiveness Of Smes Through Industrial Clusters: The Indian Experience

The Indian economy is expected to grow by over 8 per cent per annum until 2020 and can become the second largest in the world, ahead of the United States, by 2050, and the third largest after China an...

by S.P. Parashar | On 11 Mar 2014

Problems and Prospects of Small-Scale Industries in India

The decade of the 1990s was marked by considerable deregulation of the industrial economy through delicensing and dereservations. The problem of sickness in small-scale industries is due to under-uti...

by Reddy . Koti | On 11 Mar 2014

How Important Are Labor Market Institutions for Labor Market Performance in Transition Countries?

This paper offers a first comprehensive study of the relationship between labor market institutions and policies and labor market performance in the countries of Eastern Europe and Central Asia, which...

by Hartmut Lehmann | On 10 Mar 2014

Debating Poverty

The first of a series of eSSays dossiers on issues of public concern. Guest editor: M.H. Suryanarayana. Contents: Poverty Line: Pursuit of an Elusive Minimum by M.H. Suryanarayana Fixing Poverty...

by eSocialSciences eSS | On 08 Mar 2014

Backward Agriculture - A Cause Of India's Poverty

The biggest challenge facing India's policy makers is the persisting high incidence of poverty. One of the reasons for the high incidence of poverty in India is its backward agriculture, whose produc...

by Ursula Grant | On 27 Feb 2014

Land, Politics, Work and Home-Life at Adimalathura: Towards a Local History

This paper focuses on the fishing hamlet of Adimalathura located on the coast of the Thiruvananthapuram district in Kerala, which has been identified as an area of extreme developmental disadvantage...

by J. Devika | On 11 Feb 2014

Combating Youth Unemployment in India

This study discusses in depth the youth unemployment "problem" in India and the reasons behind it. Despite its demographic dividend and increased literacy levels, India faces youth unemployment as a...

by Pravin Sinha | On 08 Feb 2014

Online Promotions: Exploring the Emerging Opportunity in Indian Market

In this paper, the phenomena of online promotions is examined, its impact so far and its promise as we go forward. The paper traces the origins of the concept and its evolution and progress in India...

by Nidhi Mathen | On 29 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

Gender Equality and the Labour Market: Cambodia, Kazakhstan and Philippines

Increasing job opportunities and decent work for women are essential for inclusive growth, and they are vital for advancing economic and social development in a country. This approach to attaining eco...

by Asian Development Bank Institute | On 16 Jan 2014

Functioning of the Public Distribution System: An Analytical Report

During September 2013, Parliament passed the National Food Security Act (NFSA), 2013. The NFSA seeks to make the right to food a legal entitlement by providing subsidised food grains to nearly two-th...

by Sakshi Balani | On 07 Jan 2014

Review of the Institutional Arrangements for Labour Market Information and Skills Anticipation in India

Determining the characteristics of the labour market is one of the fundamental tasks faced by those with responsibility for policy on skills and employment. There is, therefore, a need to identify the...

by International Labour Organisation ILO | On 09 Dec 2013

Leveling with Friends: Social Networks and Indian Farmers’ Demand for Agricultural Custom Hire Services

This research was undertaken to understand how information about a new agricultural technology is transmitted through social networks, and what effect information gained through social networks has on...

by Nicholas Magnan | On 26 Nov 2013

Asymmetric Information and Middleman Margins: An Experiment with West Bengal Potato Farmers

A study middleman margins, trading mechanisms and the role of asymmetric information about prices between potato farmers and local trade intermediaries, in West Bengal, India is conducted. Farmers in...

by Sandip Mitra | On 23 Oct 2013

Medical Tourism in the Philippines: Market Profile, Benchmarking Exercise, and S.W.O.T. Analysis

This report reviews the medical tourism industry in the Philippines. It discusses the global market for medical tourism, analyzes the demand and supply aspects of the local industry, and identifies...

by Oscar F Picazo | On 22 Oct 2013

Comparing Urbanization in India and China: A Study

China and India are in the vanguard of a wave of urban expansion that is restoring the global prominence that Asia enjoyed before the European and North American industrial revolution. Never before i...

by Richard Dobbs | On 15 Oct 2013

Welfare and Poverty Impacts of India’s National Rural Employment Guarantee Scheme: Evidence from Andhra Pradesh

India’s National Rural Employment Guarantee Scheme (NREGS) is one of the largest public works programs globally. Understanding the impacts of NREGS and the pathway through which its impacts are realiz...

by Songqing Jin | On 14 Oct 2013

Learning and Earning: Evidence from a Randomized Evaluation in India

This paper estimates the short-and-medium-run effects of participating in a sub- sidized vocational training program aimed at improving labor market outcomes of women residing in low-income househol...

by Pushkar Maitra | On 30 Sep 2013

Fifty Ninth Report on the Functioning of the Central Drugs Standards Control Organisation

The Committee is of the firm opinion that most of the ills besetting the system of drugs regulation in India are mainly due to the skewed priorities and perceptions of CDSCO. For decades together it h...

by Parliamentary Standing Committee Health and Family Welfare | On 15 Sep 2013

Do Open Sewers Lead to a Reduction in Housing Prices? Evidence from Rawalpindi, Pakistan

The Hedonic property value method is used to estimate how a dismenity, bad odor from an open sewer system, affects housing prices in the city of Rawalpindi in Pakistan. An estimate of the benefits of...

by Mohammad Irfan | On 05 Sep 2013

Statement by Dr. Raghuram Rajan

Statement by Dr. Raghuram Rajan on taking office on September 4, 2013. [RBI Press release].

by Sabeeta Badkar | On 05 Sep 2013

A Tale of Two Farms: Agricultural support in India and Thailand

For agricultural subsidies to be efficient in improving farmers’ incomes and eradicating hunger, holistic policy intervention is required. Complementary policies such as increased access to credit and...

by Maria C.S. Morales | On 30 Aug 2013

Food Prices, Wages, and Welfare in Rural India

This paper considers the welfare and distributional consequences of higher relative food prices in rural India through the lens of a specific-factors, general equilibrium, trade model applied at the...

by Hanan G Jacoby | On 22 Aug 2013

Essays on Banking

This thesis comprises three essays on various aspects of the relationship between a firm or a country and its creditor banks. The first essay focuses on a firm's choice between borrowing from banks an...

by Raghuram G. Rajan | On 19 Aug 2013

Forecasting Profitability

Newly-available Indian panel data is used to estimate how the returns to planting-stage investments vary by rainfall realizations. [BREAD Working Paper No. 392]. URL:[http://ipl.econ.duke.edu/bread/pa...

by Mark Rosenzweig | On 16 Aug 2013

Role of Culture in Celebrity Endorsement: Brand Endorsement by Celebrities in Indian Context-A Review, Synthesis and Research Propositions

This paper uses the lens of culture to develop propositions on how customer attitude towards celebrity endorsements is a function of cultural parameters in emerging countries like India. [W.P. No. 201...

by . Abhishek | On 08 Aug 2013

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

GNH, EI and the Well-Being of Nations: Lessons for Public Policy Makers, with Specific Reference to the Happiness Dividend of Tourism

This paper has two objectives: firstly, to conceptually explore the theoretical underpinnings of GNH and how it relates to societal EI and, secondly, to evaluate within this theoretical context the ha...

by Shaun Vorster | On 16 Jul 2013

Quantification of Yield Gaps in Different Planting Types of Sugarcane in Maharashtra

This paper is an attempt to estimate the magnitudes of yield gaps, causative factors and constrains for attending greater farm potential in adsali, suru, preseasonal and ratoon sugarcane production in...

by Deokae Tai Balasaheb | On 10 Jul 2013

Why Do Farmers Burn Rice Residue? Examining Farmers’ Choices in Punjab, Pakistan

Burning agriculture residues has multiple negative effects including local air pollution, increase in black carbon and contributions to regional and global climate change. This study seeks to understa...

by Tanvir Ahmed | On 03 Jul 2013

Driving Force: Labour Struggles and Violation of Rights in Maruti Suzuki India Limited

As reports of severe harassment of Maruti workers and their families trickled in in late July 2012, Peoples Union for Democratic Rights (PUDR) undertook a fact finding investigation into the inciden...

by PUDR Peoples Union for Democratic Rights | On 07 Jun 2013

Access to Higher Education in India: An Exploration of its Antecedents

Using appropriate measures of participation, this paper explores if the role of socio-religious background and other factors has changed over a period of time. This dynamics of participation in High...

by Rakesh Basant | On 05 Jun 2013

Does Political Competition Influence Human Development? Evidence from the Indian States

Recently, it has been argued that political competition may have similar effects on economic performance as market competition. This study empirically examines this proposition by linking political co...

by Bharatee Bhushan Dash | On 05 Jun 2013

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 23 May 2013

Water in India: Situation and Prospects

This report attempts to provide a comprehensive analysis of the state of water resource development and management in India, based on secondary information. It maps the current challenges and sugg...

by Anjal Prakash | On 30 Apr 2013

What Is Wrong With Kerala’s Education System?

The question that is increasingly being posed is whether Kerala's education can continue to play a major role in the future without keeping up with the vast changes taking place in all disciplines. It...

by K.K. George | On 25 Apr 2013

The Political Economy of Food Pricing Policy in China

The overall goal of this paper is to analyse the political economy of food price policies in China during the global food crisis. The results show that given China’s unique economic and political co...

by Jikun Huang | On 18 Apr 2013

Reach out to Peasant Women: A Study from Punjab

Review of the book Those who did not die: Impact of Agarian Crisis on Women in Punjab by Gursharan Singh Kainth.

by Gursharan Singh Kainth | On 15 Apr 2013

Budget Analysis: Kerala Budget 2013-14

The Minister of Finance, K.M Mani , presented the General Budget 2013 to the State Assembly on March 15, 2013. In his address, he commented on the fiscal performance of the State in 2012-13 and laid...

by Vishnu Padmanabhan | On 09 Apr 2013

Employment Effects of Low-Skilled Immigrants in Korea

This study examines the impact of inflows of foreign workers on Korean natives’ economic performance – namely, employment – through the Employment Permit System, the basis of Korea’s system by which...

by Jungho Kim | On 03 Apr 2013

Options and Determinants of Rice Residue Management Practices in the South-West Region of Bangladesh

This study examines options for managing rice residue and the factors that determine its management in the south-west region of Bangladesh. Study results indicate that while straw length, low-elevatio...

by Mohammed Ziaul Haider | On 29 Mar 2013

Empowering the Street Vendors in Changing Indian Cities: A Case Study of Bhubaneswar (Orissa)

The case of Bhubaneswar vending zone perfectly qualifies the theme of making market work for the poor. This is a pioneering lead taken to develop an exclusive market for the vendors which presents a...

by Randhir Kumar | On 01 Mar 2013

Inequalities Reinforced? Social Groups, Gender and Employment

Based on the last four rounds of NSS data the study explores some dimensions of women’s labour market participation across social groups. [CWDS Occasional Paper No.59]. URL:[http://www.cwds.ac.in/OCPa...

by Neetha N | On 01 Mar 2013

Analysis of Railway Budget 2013

The Minister of Railways, Pawan Kumar Bansal, presented the Railway Budget 2013 to Parliament on 26th February. In his address, he commented on the performance of Railways in 2012-13 and laid out his...

by Vishnu Padmanabhan | On 28 Feb 2013

Labour Market and Household Behaviour: A Case of Unorganised Saleswomen

The present study is an attempt to analyse the labour market of unorganized saleswomen (working in the registered as well as unregistered shops) in Ernakulam District, Kerala.

by Martin Patrick | 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

Self-Employment in China: Are Rural Migrant Workers and Urban Residents Alike?

This paper studies differences in the motivation to be self-employed between rural migrants and urban residents in modern China. Estimates of the wage differential between selfemployment and paid-empl...

by Yuling Cui | On 13 Feb 2013

Positive and Normative Aspects of Food Policy and the Market in Indian Agriculture-An Empirical Analysis of Government Policy Interventions in Food Management

There are discussions about food management and food policy issues in India in the backdrop of largely unchanging dynamics of slow growth of the farm sector in India. First we deal with the manner in...

by Munish Alagh | On 30 Jan 2013

Land Acquisition for Industrialization and Compensation of Displaced Farmers

This paper addresses the question of how farmers displaced by acquisition of agricultural land for the purpose of industrialization ought to be compensated. Prior to acquisition, the farmers are leasi...

by Maitreesh Ghatak | On 22 Jan 2013

Microfinance in Evolution: An Industry Between Crisis and Advancement

Following the international financial crisis that started in 2007, market growth and MFI performance started to deteriorate. Over the last decade the market has matured and become more efficient. Is...

by Cédric Lützenkirchen | On 14 Jan 2013

How to Tackle Food Insecurity in Asia

Review of the book Food Security in Asia, by Amitava Mukherjee Sage Publications India 2011 pp. xix+392, Rs 895/-.

by Rudra Narayan Mishra | On 04 Jan 2013

Review of Input and Output Policies for Cereals Production in Pakistan

This report reviews the input and output policies for cereals implemented in Pakistan during the period 1996–2010. Pakistan has a long and varied history of intervening in farm input and output market...

by Abdul Salam | On 16 Nov 2012

MULTI-MARKET COLLUSION WITH TERRITORIAL ALLOCATION

This paper develops a super game model of collusion between price-setting oligopolists located in different markets separated by trade costs. The firms produce a homogenous good and sustain collusion...

by Aditya Bhattacharjea | On 05 Nov 2012

Education and Employment among Muslims in India: An Analysis of Patterns and Trends

The paper reviews the available evidence on the patterns of Muslim participation in education and employment. Comparing the estimates derived from the most recent round of the National Sample Surve...

by Rakesh Basant | On 27 Sep 2012

Notional Contracts: The Moral Economy of Contract Farming Arrangements in India

This study examines the moral economy of firm-farmer contracts in contract farming schemes in India, bringing together data from field surveys, conducted between 2007 and 2010, of 42 agribusinesses a...

by Sudha Narayanan | On 20 Sep 2012

Food Subsidy in India: Trends, Causes and Policy Reform Options

This paper analyses the trends in volume of food subsidy in the post-reforms period (1991-92 to 2012-13) and then examines various components of food subsidy, which are under the control of FCI and th...

by Vijay Paul Sharma | On 20 Sep 2012

Gender Impact of Trade Reforms in Indian Plantation Sector: An Exploratory Ananlysis

This paper examines the potential gender impacts of the trade reforms in plantation agriculture in the emerging context of the two prominent FTAs, viz. the Indo-ASEAN and the proposed EU-India FTA....

by Viswanathan P K | On 14 Sep 2012

Maharashtra State Youth Policy Declaration

This is an inclusive policy, which recognizes diversity in gender, caste, class, religion, language and reiterates the commitment of the State to this vibrant and significant population group and look...

by Ministry of Youth and Sports Affairs YAS | On 12 Sep 2012

The Heterogeneous Welfare Impacts of Participation in Contract Farming Schemes: Evidence from Southern India

The heterogeneity of welfare impacts of contract farming participation is demonstrated by estimating an endogenous switching model using survey data for 474 farmers in four commodity sectors, gherkin...

by Sudha Narayanan | On 06 Sep 2012

Mobile Financial Services in Bangladesh: An Overview of Market Development

The objective of this report is to share a market level overview of the early stage progress of (Mobile Financial Services) MFS in Bangladesh up through the first quarter of 2012. A series of short s...

by Bangladesh Bank BB | On 23 Aug 2012

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

Agricultural Credit - Accomplishments and Challenges

Agriculture’s share in GDP is less than 15 per cent but it still remains the direct domain of over half of the population whose economic prospects are linked to the performance of agriculture. There a...

by Duvvuri Subbarao | On 03 Aug 2012

Obituary: Mrinal Gore (1928-2012)

Obituary: Mrinal Gore (1928-2012)

by Vibhuti Patel | On 23 Jul 2012

New Thinking on Corporate Bond Market in India

What are major factors behind underdevelopment of corporate bond market in India? One of the major bottlenecks to the development of this market lies in relatively larger costs of financing which diss...

by Sanjay Banerji | On 17 Jul 2012

Reexamining the Finance–Growth Relationship for a Developing Economy: A Time Series Analysis of Post-reform India

The cross-country empirical literature on the finance-growth relationship has debated three propositions: (i) financial deepening has a strong impact on the growth process; (ii) measures of financia...

by Sabyasachi Kar | On 13 Jul 2012

The New Age of Food Marketing: How Companies are Targeting and Luring our Kids — and What Advocates can do About it

Why should health advocates be concerned about the new marketing paradigm? Because young people's choices about what to eat and when are largely shaped by food and beverage marketing -- and these indu...

by Berkeley Media Studies Group BMSG | On 13 Jul 2012

Eat, Drink and be Healthy: A Paradigm Shift for Linking Food and Beverages Industry with People’s Knowledge and Institutions

The food and beverages industry has not yet established strong and vibrant linkages with the local communities to develop value added products and share the benefits. The paper lists seven models fo...

by Anil K Gupta | On 11 Jul 2012

Intrinsic Inflation Persistence in a Developing Country

This study estimates degree of intrinsic inflation persistence in Pakistan using aggregate price index, group level price indices, and individual commodity prices. Monthly data from 1959 to 2011 is us...

by Muhammad Nadim Hanif | On 09 Jul 2012

Small Farmers in India: Challenges and Opportunities

This paper examines the roles and challenges of small holding agriculture in India. It covers trends in agricultural growth, cultivation patterns, participation of small holding agriculture, productiv...

by S. Mahendra Dev | On 06 Jul 2012

Homo Biometricus: Biometric Recognition Systems and Mobile Internet Services

Biometric procedures are already accepted by millions of people every day on a variety of (social) internet platforms. Biometric identification procedures and their potential applications in everyday...

by Thomas F Dapp | On 05 Jul 2012

National Budget of Bhutan: Financial Year 2012-13

Budget of Bhutan 2012-13. URL:[http://www.mof.gov.bt/downloads/BudgetReport2012.pdf].

by Minister of Finance Bhutan | On 04 Jul 2012

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

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

by Yuwei Hu | On 02 Jul 2012

Responsibility to Protect in Southeast Asia: Enlarging Space for Civil Society

The concept of Responsibility to Protect (R2P) is relatively new to many Southeast Asians, who have traditionally relied on the state for security and therefore faced a sense of hopelessness when such...

by Pavin Chachavalpongpun | On 27 Jun 2012

Has India Emerged? Business Cycle Stylized Facts from a Transitioning Economy

A comprehense documentation - using both annual and quarterly data - an exhaustive set of stylized facts for the Indian business cycle in the pre and post reform period, the data is used to report...

by Chetan Ghate | On 19 Jun 2012

Analysis of Gender Wage Differential in China’s Urban Labor Market

This paper estimates the gender wage gap and its composition in China’s urban labor market using the 2009 survey data from the Chinese Family Panel Studies. Several estimation and decomposition meth...

by Biwei Su | On 01 Jun 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

Impact of Climate Change on Agriculture and Food Security

This paper takes a broader view and explores the multiple effects that global warming and climate change could have on food production and food security. Dealing with climate change would require stre...

by S. Richa | On 24 May 2012

Black Money

The objective of this paper is to place in the public domain various facets and dimensions of black money and its complex relationship with the policy and administrative regime in the country. The pa...

by Ministry of Finance | On 22 May 2012

Hate Crimes in India: An Economic Analysis of Violence and Atrocities against Scheduled Castes and Scheduled Tribes

Crimes against the historically marginalized Scheduled Castes and Scheduled Tribes (SC/ST) by the upper castes in India represent an extreme form of prejudice and discrimination. In this paper, the ef...

by Smriti Sharma | On 16 May 2012

Estimation of Capacity Utilisation in Indian Industries: Issues and Challenges

The estimation of capacity utilisation (CU) derives its significance from the fact that, if properly assessed, it may provide a reliable indication of incipient inflationary pressure in an economy. Me...

by Atri Mukherjee | On 09 May 2012

The Political Economy of Deforestation in the Tropics

Tropical deforestation accounts for almost one-fifth of greenhouse gas emissions worldwide and threatens the world.s most diverse ecosystems. The prevalence of illegal forest extraction in the tropi...

by Robin Burgess | On 08 May 2012

Liberalisation of Technical Education in Kerala: Has a Significant Increase in Enrolment Translated Into Increase in Supply of Engineers?

Enrolments in engineering in Kerala increased from about 2800 in 1991 to about 28,000 in 2008. The study analyses whether this increase in potential supply of engineers has resulted in actual supply o...

by Sunil Mani | On 25 Apr 2012

Audio-visual Services: International Trade and Cultural Policy

The audiovisual sector is a significant component of the economy in terms of wealth creation and employment and audiovisual industries also play an important cultural role. This study reviews the main...

by Gillian Doyle | On 20 Apr 2012

Measuring and Explaining the Asymmetry of Liquidity

This paper examines transactions costs in buying versus selling using a large database of snapshots of the limit order book. On the equity spot market, there is clear evidence of asymmetry in liquid...

by Rajat Tayal | On 19 Apr 2012

Rural Labor and Rural Nonagricultural Activities in the Philippines

The study examines the different aspects of labor in the rural household economy. It identifies the factors that significantly determine the rural households' labor allocation decisions. Moreover, i...

by Maria Teresa C Sanchez | On 18 Apr 2012

Voices from the Margin: Economic, Social and Cultural Rights in Northeast Thailand: Pak Mun Dam

The protests against the Pak Mun Dam are amongst the longest running in the world. The dam is also one of the most studied, in part because it had all the features of a failed development policy: no...

by Katie Jenkins | On 18 Apr 2012

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

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

by Amlan Roy | On 18 Apr 2012

Approaches to Food Security in Brazil, China, India, Malaysia, Mexico and Nigeria: Lessons for Developing Countries

This paper provides a synthesis of the experiences of six countries (Brazil, China, India, Malaysia, Mexico, and Nigeria) in enhancing food security of their population. Approximately 46 per cent of t...

by Pooja Sharma | On 16 Apr 2012

Madhya Pradesh Budget Speech: 2012-13

Hon’ble Finance Minister Shri Raghavji presented the budget for year 2012-13. The salient features of the budget estimates of 2012-13 are as follows:- • Total expenditure of ` 80030.98 crores for th...

by Madhya Pradesh Government | On 13 Apr 2012

The Great Depression and the Great Recession: What have we Learned?

The Financial Crisis of 2007-2008 and the Great Recession of 2007-2009 are now in the past. Again there was the debt crisis of 2010-11. During the worst of the recent financial crisis/Great Recession...

by Michael D Bordo | On 13 Apr 2012

What is the Role of Social Pensions in Asia?

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

by Armando Barrientos | On 13 Apr 2012

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

Farmers’ Information Needs and Search Behaviors: Case Study in Tamil Nadu, India

Using a case study of two districts in South India, farmers’ information needs and information search behavior, factors affecting their search behavior, and their willingness to pay for information a...

by Suresh Chandra Babu | On 10 Apr 2012

India’s Call on BRICS : Aligning with China without a Deal

China–India association in the BRICS bloc of countries is an example of multilateralism at its height. For China, the BRICS group holds a strategic significance as it is targeted towards the Western...

by Jagannath P Panda | On 04 Apr 2012

Highlights of Madhya Pradesh Budget 2012-13

The salient features of the budget estimates of 2012-13 of Madhya Pradesh. [Ministry of Finance Madhya Pradesh]. URL:[http://www.mp.gov.in/finance/index.htm].

by Madhya Pradesh Government | On 04 Apr 2012

A Corporate Governance Index for Large Listed Companies in India

A Corporate Governance Index for 500 large listed Indian firms for the period from 2003 to 2008 is constructed. The index construction uses information on four important corporate governance mechan...

by Jayati Sarkar | On 04 Apr 2012

Patterns of Labour Market Insecurity in Rural India: A Multidimensional and Multivariate Analysis

Labour market insecurity, recognised as pervasive in rural India, is multi-faceted. This study attempts to fill a gap in the research on key dimensions of labour market insecurity by using the Natio...

by Padmini Desikachar | On 02 Apr 2012

A Review of Input and Output Policies for Cereals Production in India

This paper reviews the key policies with regard to agriculture inputs such as seed, fertilizer, water, agricultural equipment, research, extension, and agricultural credit. It also provides an overvie...

by Ganga Shreedhar | On 29 Mar 2012

Causes of Emissions from Agricultural Residue Burning in North-West India: Evaluation of a Technology Policy Response

The burning of agricultural field residue, such as stalks and stubble, during the wheat and rice harvesting seasons in the Indo-Gangetic plains results in substantial emissions of trace gases and pa...

by Ridhima Gupta | On 28 Mar 2012

Maharashtra Budget Speech 2012-13: Part I

Budget for the year 2012-13. [Government of Maharashtra]. URL:[http://maharashtra.gov.in/pdf/english_speech_part_I.pdf].

by Maharashtra Government | On 27 Mar 2012

Tamil Nadu Budget Speech: 2012-13

Speech of Thiru O. Panneerselvam, Hon’ble Minister for Finance, Government of Tamil Nadu, presenting the Budget for the year 2012-2013 to the Legislative Assembly on 26th March, 2012. [Government...

by Tamil Nadu Government | On 27 Mar 2012

NRHM, GOI, 2012-13

Using government data, this brief reports on NRHM expenditures along the following parameters: a) Overall trends in fund allocation and expenditure: GOI and States, b) Allocation and expenditure...

by Accountability Initiative | On 19 Mar 2012

Not the Remembered Country

The food security Bill's focus ignores changes in agriculture and eating habits. [BS editorial]. URL:[http://www.business-standard.com/india/news/t-n-ninan-notremembered-country/467874/].

by T.N. Ninan | On 19 Mar 2012

Close Eye or Closed Eye: The Case of Export Misinvoicing in Bangladesh

The effect of export subsidies on the under-invoicing of exports in Bangladesh is analyzed. In a framework that allows for unobserved heterogeneity among importing countries and product specificities,...

by Pranav Kumar Gupta | On 16 Mar 2012

Railway Budget 2012

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

by Rohit Kumar | On 16 Mar 2012

State of Indian Agriculture 2011-12

The report reviews the status and performance of agriculture, especially during the last two decades, and also presents what could be the way forward, given our objectives of accelerated growth, inc...

by Ministry of Agriculture GOI | On 14 Mar 2012

Services as a New Engine of Growth for ASEAN, the People’s Republic of China, and India

The purpose of this report is twofold. First, a compendium of relevant data is presented on the state of the services sector in the ACI (ASEAN, PRC and India) countries, focusing on its contribution t...

by Ben Shepherd | On 12 Mar 2012

Final Report-Water Security and Climate Change: Challenges and Strategies

The main objectives of this seminar has been to contribute to the understanding of the development processes and problems related to water security and climate change; to focus on studies relating t...

by Gursharan Singh Kainth | On 12 Mar 2012

The Global Race for Excellence and Skilled Labour: A Status Report

In this context, higher education as well as research and development (R&D) have long since ceased to be purely the domain of the developed Western economies. Numerous regions of the world, some in th...

by Ingo Rollwagen | On 09 Mar 2012

Agricultural Insurance in India: Problems and Prospects

The challenges of providing insurance to Indian agricultural sector in a manner that is both meaningful and sustaining. Critical assessment of the existing initiative and present possible options fo...

by M J Bhende | On 09 Mar 2012

How has the Indian Corporate Sector Responded to Two Decades of Economic Reforms in India? An Exploration of Patterns and Trends

In the context of various policy initiatives made during the last two decades to reform the Indian economy in general and corporate sector in particular, the present paper attempts to assess how the...

by Rakesh Basant | On 07 Mar 2012

Parents’ Economic Support of Young-Adult Children: Do Socioeconomic Circumstances Matter?

This paper assesses how the economic support provided by parents to young adults as they complete their education and enter the labor market is related to the family’s socioeconomic circumstances. W...

by Deborah Cobb clark | On 07 Mar 2012

Working of Livestock Exchange Markets in Rajasthan

Livestock sector is an integral part of India’s agriculture and an important part of the whole economy with reference to employment, income and earning of foreign exchange for the country. The growth...

by Ministry of Agriculture GOI | On 01 Mar 2012

Capital Accumulation and Convergence in a Small Open Economy

Outward-oriented economies seem to grow faster than inward-looking ones. Does the literature on convergence have anything to say on this? In the dynamic Heckscher-Ohlin-Samuelson model, with factor-pr...

by Partha Sen | On 28 Feb 2012

Subsidizing the National Food Authority: Is It a Good Policy?

National Food Authority's (NFA) twin mandate of price stabilization and food security has cost the government billions of pesos in losses over the past few decades. As such, there is a need to ...

by Senate Economic Planning Office SEPO | On 28 Feb 2012

Economics of Mango Cultivation

The paper is based on "Commodity Specific Study on Mango" undertaken by NABARD in the states of Andhra Pradesh, Maharashtra and West Bengal. For the study, A total sample of 186 respondents was sele...

by G.D. Banerjee | On 17 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

Violent Conflict and Human Capital Accumulation

This paper reviews and discusses available empirical research on the impact of violent conflict on the level and access to education of civilian and combatant populations affected by violence. Three ...

by Patricia Justino | On 15 Feb 2012

Formalizing the Informal Economy: Women’s Autonomous Self-Employment in Rural South India

This paper considers the effects of contemporary restructuring of women and men’s employment in rural south India alongside ongoing efforts to recast India’s poor rural women as entrepreneurs. This s...

by Samantha Watson | On 15 Feb 2012

The Financial Structure and Performance of Philippine Credit Cooperatives

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

by Gilberto M Llanto | On 13 Feb 2012

Selling Formal Insurance to the Informally Insured

Unpredictable rainfall is an important risk for agricultural activity, and farmers in developing countries often receive incomplete insurance from informal risk-sharing networks. The demand for, and...

by A. Mushfiq Mobarak | On 10 Feb 2012

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

Bank Lending and Monetary Shocks: Evidence from a Developing Economy

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

by M. Ali Choudhary | On 08 Feb 2012

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

Is Caste Destiny? Occupational Diversification among Dalits in Rural India

he caste system – a system of elaborately stratified social hierarchy – distinguishes India from most other societies. Among the most distinctive factors of the caste system is the close link betwee...

by Ira Gang | 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

Stability and Policy Rules in Emerging Markets

Stability results for an open economy DSGE adapted to an emerging market (SOEME) with a dualistic structure have the same structure as in the original model, but those derived for the simulated versi...

by Ashima Goyal | On 02 Feb 2012

Girls Take Over: Long-term Impacts of an Early Stage Education Intervention in the Philippines

This paper examines the long-term impacts of improved school quality at the elementary school stage on subsequent schooling investments and labor market outcomes using unique data from a recent survey...

by Futoshi Yamauchi | On 31 Jan 2012

Frozen Food Products Marketing and Distribution Challenges in a Developing Country Case Study: Pakistan

The aim of this case study is to understand the challenges the frozen food industry in a developing country like Pakistan has faced in the past, and is facing currently. The study reveals that inste...

by Shehla Riza Arifeen | On 27 Jan 2012

Macroeconomic and Monetary Developments Third Quarter Review 2011-12

The Growth outlook has weakened as a result of adverse global and domestic factors that have been mentioned above. Business and consumer confidence has been impacted. Professional forecasters now...

by Reserve Bank of India RBI | On 25 Jan 2012

The Relationship between Inflation and Relative Price Variability in Pakistan

This paper explores the relationship between inflation and relative price variability (RPV) by using disaggregated CPI data for Pakistan. Three methods have been used to assess the functional form and...

by Muhammad Akmal | On 25 Jan 2012

Evidence on Changes in Time Varying Volatility around Bonus and Rights Issue Announcements

The short term and long term stock price volatility changes around bonus and rights issue announcements have been examined using historical volatility estimation and time varying volatility approach...

by Madhuri Malhotra | On 24 Jan 2012

Input Prices, Subsidies and Farmers' Incentives

The paper studies the subsidy policy in Bangladesh. It analyses implications of subsidy policies; both pros and cons and also suggests some possible solutions.

by M Asaduzzaman | On 20 Jan 2012

Inefficiency and Abuse of Compulsory Land Acquisition: An Enquiry into the Way Forward

This paper focuses on two issues: the problems with the compulsory acquisition of land, and the regulatory and institutional impediments that obstruct voluntary land transactions. It is argued that an...

by Ram Singh | On 19 Jan 2012

Banks, Policy and Risks

This paper assesses the sources of risk for Indian banks in the context of their history, structure, level of development, and policy environment and draws out implications for global and domestic pol...

by Ashima Goyal | On 18 Jan 2012

Challenges in IMS Reforms: A Global and Emerging Markets Perspective

The current global financial crisis has reopened an old debate on the international monetary system by baring weaknesses and flaws that have long been known. The debate is centred on both stability an...

by Alok Sheel | On 10 Jan 2012

Are All Migrants Really Worse Off in Urban Labour Markets? New Empirical Evidence from China

The rapid and massive increase of rural-to-urban migration in China has drawn attention to the welfare of migrant workers, particularly to their working conditions and pay. This paper uses data from...

by Jason Gagnon | On 06 Jan 2012

Inter-connectedness of Banks and NBFCs in India: Issues and Policy Implications

The recent global financial crisis (2007-09) has clearly highlighted the gravity of high financial inter-connectedness within the financial system. In the Indian context, this brief study attempts to...

by Karunagaran A | On 05 Jan 2012

Time for elections

Even though it would be considered politically premature by both the Congress and the BJP – it may be best to think in terms of fresh elections. URL:[http://www.business-standard.com/india/news/t-n-ni...

by T.N. Ninan | On 03 Jan 2012

The Broken Broker System? Transacting on Agricultural Wholesale Markets in India (Uttarakhand)

The focus is on the central role played by state-regulated commission agents, known as brokers: agents who are widely present in Indian markets to assist sellers in finding buyers through organizing a...

by Bart Minten | On 29 Dec 2011

Strengthening Banking Regulation: Amending the BSP Charter

This Policy Brief discusses the proposed amendments to Republic Act No. 7653 (RA 7653). The first part briefly presents the mandate of the Bangko Sentral ng Pilipinas (BSP). It then describes the fi...

by Senate Economic Planning Office SEPO | On 29 Dec 2011

Economic Dynamics and Forest Clearing: A Spatial Econometric Analysis for Indonesia

This paper uses a large panel database to investigate the determinants of forest clearing in Indonesian kabupatens since 2005. The study incorporates short-run changes in prices and demand for palm...

by David Wheeler | On 28 Dec 2011

Social Implications of Economic Reforms in India

Review of the book 'Economic Reforms and Social Exclusion: Impact of Liberalization on Marginalized Groups in India', by K S Chalam, Sage Publications, New Delhi, India.

by Rajesh Komath | On 26 Dec 2011

Root Problem: Labour Laws

Delivering the third Business Standard lecture on Thursday night, Raghuram Rajan provided an interesting insight into the reason for high inflation in India. The professor of finance at Chicago, who i...

by T.N. Ninan | On 23 Dec 2011

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

This paper proposes to redefine food security in terms of protecting vulnerable populations from the structural violence of involuntary hunger. [NTS-Asia Research Paper No.6]. URL:[http://www.rsis.edu...

by Ben Shepherd | On 23 Dec 2011

Non-regular Workers in India: Social Dialogue and Organizational and Bargaining Strategies and Practices

Both secondary and primary sources of information and data have been used. In order to provide the context of the study, data relating to the labour market indicators and employment of some categori...

by K.R. Shyam Sundar | On 22 Dec 2011

Mullaperiyar – the Issue and the Politics

Discussions and debates are going on in Kerala over the Mullaperiyar dam. A solution is proposed here to solve the issues associated with the dam.

by Santhakumar V | On 19 Dec 2011

Monetary Neutrality in the Nepalese Economy during 1975-2008

One of the methods of measuring the effectiveness of monetary policies is via inspection of monetary neutrality in the economy. It is a concept from classical economics and it suggests that changes...

by Mukesh Khanal | On 16 Dec 2011

Exposing the Plight of Farmers in Punjab

Review of the book 'Debt and Death in Rural India: The Punjab Story' by Aman Sidhu and Inderjit Singh Jaijee Sage Publications India, New Delhi, 2011, Rs 750/-, pp 360.

by Gursharan Singh Kainth | On 13 Dec 2011

A China Round of Multilateral Trade Negotiations

Until recently, the World Trade Organization (WTO) has been an effective framework for cooperation because it has continually adapted to changing economic realities. The current Doha Agenda is an ab...

by Aaditya Mattoo | On 13 Dec 2011

A Regulatory Approach to Financial Product Advice and Distribution

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

by M Sahoo | On 08 Dec 2011

Monetary and Fiscal Policy in the Presence of Informal Labour Markets

How does informality in emerging economies affect the conduct of monetary and fiscal policy? To answer this question two-sector, formal-informal new Keynesian closed-economy is constructed. The inf...

by Nicoletta Batini | On 02 Dec 2011

National Urban Transport Policy

The objective of this policy is to ensure safe, affordable, quick, comfortable, reliable and sustainable access for the growing number of city residents to jobs, education, recreation and such other...

by Ministry of Urban Development GOI | On 30 Nov 2011

How Are Markets Made?

The purpose of this paper is to analyze the making of markets. The paper identifies two ideal-typical processes in which markets are made – organized making and spontaneous making – which are often...

by Patrik Aspers | On 29 Nov 2011

Impact of the Retail FDI Policy on Indian Consumers and the Way Forward

This paper analyses the impact of the retail FDI policy on Indian consumers and make policy recommendations for the Indian government. Based on a primary survey of Indian consumers, the paper examines...

by Arpita Mukherjee | On 28 Nov 2011

Informal Labour and Credit Markets: A Survey

This paper reviews the literature on the informal economy, focusing first on empirical findings and then on existing approaches to modelling informality within both partial and general equilibrium e...

by Nicoletta Batini | On 24 Nov 2011

In Search of Growth

With deep crisis weakening potential output growth, the need for an explicit growth policy is emerging most starkly in Japan, the EU and the US. If properly shaped, this will help to consolidate bud...

by Klaus Deutsch | On 21 Nov 2011

The Impossible Trinity and Capital Flows in East Asia

The Impossible Trinity doctrine still holds a powerful sway over policymakers, advisors (particularly the International Monetary Fund [IMF]) and academia. In East Asia over the past decade, however,...

by Stephen Grenville | On 15 Nov 2011

Energy Intensity and Firm Performance: Do Energy Clusters Matter?

In analyzing this phenomenon for Indian manufacturing industries, this study tries to find out the determinants of profitability of firms based on three energy clusters (natural gas, petroleum, coal)...

by Santosh Kumar Sahu | On 10 Nov 2011

Brand India: No Equity for Children

India has embarked upon an economic model driven by the free market incorporating processes of liberalisation, privatisation and globalisation. Our children today live, in what some describe as “Brand...

by HAQ Centre for Child Rights HAQCRC | On 10 Nov 2011

Regulate the Share Markets and Save the Country

The 1% rich and powerful have found the Occupy Wall Street movement unsettling and have also made attempts at curbing its influence and outreach. It is now possible for stock-traders in international...

by Bhalchandra Kango | On 08 Nov 2011

Dial “A” for Agriculture: A Review of Information and Communication Technologies for Agricultural Extension in Developing Countries

This article outlines the potential mechanisms through which ICT could facilitate agricultural adoption and the provision of extension services in developing countries. It then reviews existing prog...

by Jenny C Aker | On 07 Nov 2011

Monetary Operating Procedures: Principles and the Indian process

As markets deepen and interest elasticities increase it is optimal for emerging markets to shift towards an interest rate instrument since continuing monetization of the economy implies money demand...

by Ashima Goyal | On 04 Nov 2011

Coordination Under Uncertain Conditions: An Analysis of the Fukushima Catastrophe

This paper analyzes the impacts of the 11 March 2011 earthquake and tsunami at the Fukushima nuclear power plant in Japan, which were amplified by a failure of coordination across the plant, corporate...

by Masahiko Aoki | On 03 Nov 2011

Task Force to Explore Options other than Price Control for Achieving the Objective of Making Available Life-saving Drugs at Reasonable Prices

The Task Force was constituted to explore options other than price control for achieving the objective of making available life-saving drugs at reasonable prices. The Task Force recommends that pr...

by Department of Chemicals and Petrochemicals | On 02 Nov 2011

Unilateral Carbon Border Measures: Key Legal Issues

Parties to the United Nations Framework Convention on Climate Change (UNFCCC) have been engaged in discussions on the future of the climate change regime. While the principle of “common but differenti...

by Anuradha R. V. | On 01 Nov 2011

Macro-Economic Policy Outcomes and Agriculture Relation between Fiscal Deficits and Investment in Agriculture

In an earlier paper (Alagh, Munish, 2011) it was shown that macro economics matters in agriculture. The relevance of understanding the impact of macro-economic policy on agriculture was outlined. A...

by Munish Alagh | On 24 Oct 2011

Does Greater Autonomy Improve Performance? Evidence from Water Service Providers in Indian Cities?

The efficiency of urban water supply in 27 Indian cities are analyzed using data envelopment analysis (DEA). Cities are grouped by the management structure of their water utilities. Utilities with g...

by Shreekant Gupta | On 24 Oct 2011

Production and Marketing of Coconut in India

The production and marketing scenario of coconut in the country has witnessed a phenomenal development, particularly in the field of production such as development of improved high yielding dwarf va...

by Ministry of Agriculture GOI | On 21 Oct 2011

Environmental Journalism in South Asia

Book review 'The Green pen: Environmental Journalism in India and South Asia' by Keya Acharya and Frederick Noronha (eds) Sage, 2010, page 312, Rs 395.

by Vrijendra | On 19 Oct 2011

Comparison of Privatization Processes of Telecom Services in India and Brazil

Apart from being BRIC countries, what India and Brazil have in common is a large service sector that contributes significantly to the GDP. The service sector contributed 66% to the Brazilian GDP and 5...

by Rekha Jain | On 18 Oct 2011

Recent Global Crisis and the Demand for Gold by Central Banks: An Analytical Perspective

When India purchased 200 tonnes of gold under the International Monetary Fund's limited gold sales programme, it was interpreted inter alia that it may further inflate the gold price when the price...

by Karunagaran A | On 17 Oct 2011

Evaluation of Value-Added Agricultural Advisory Services: Case Study of Agriclinics in Southern India

The Indian national program of agriclinics and agribusiness centers, started in 2002, aims to provide farmers with a reliable alternative to the private input dealer by subsidizing technically trained...

by Claire J Glendenning | On 14 Oct 2011

An Empirical Analysis of Monetary and Fiscal Policy Interaction in India

This study analyses the behaviour of monetary and fiscal policies interaction in India using quarterly data for 2000Q2 to 2010Q1. It finds that, even after the elimination of automatic monetisation...

by Janak Raj | On 11 Oct 2011

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

Localization, Globalization and Networks of foreign Subsidiaries

This research is about multinational enterprises (MNEs) and their subsidiaries abroad. The specific focus of the research is on the foreign subsidiaries? local embeddedness, global integration and m...

by Filip De Beule | 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

Food, Hunger and Ethics

Management of hunger has to look into issues of availability, accessibility and adequacy. Posing it from an ethical perspective the paper argues out in favour of right to food. But, for this to happe...

by Srijit Mishra | On 30 Sep 2011

User-based Financing of Marine Protection in the Maldives

This paper provides an economic valuation of the recreational uses of atoll-based marine resources in the Republic of the Maldives. A travel demand model to estimate the benefits of atoll-based marin...

by Mahadev G Bhat | On 30 Sep 2011

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

What Causes Agglomeration? – Policy or Infrastructure – A Study of Indian Manufacturing Industry

This paper investigates whether industrial dispersal policy is more potent or the natural and agglomeration cost advantages are important in influencing locational choice of a firm. To carry out the a...

by Vinish Kathuria | On 22 Sep 2011

Does the System of Rice Intensification Outperform Conventional System? A Case Study of Gujarat

The paper examines the farm level performance of System of Rice Intensification (SRI) method of paddy cultivation as against the traditional method. The role of NGOs in raising awareness among farmers...

by Jharna Pathak | On 22 Sep 2011

Innovation and Entrepreneurship in Developing Countries

How does innovation impact on development? How, and under what conditions, do entrepreneurs in developing countries innovate? And what can be done to support innovation by entrepreneurs in develo...

by Wim Naude | On 16 Sep 2011

Pakistan: 10 Year Banking Strategy Paper for the Banking Sector Reforms

This paper maps out a strategy for banking sector reforms over the next decade. It is formulated by the State Bank of Pakistan (SBP) and is centered on reforms involving the SBP. But the Banking Secto...

by State Bank of Pakistan SBP | On 15 Sep 2011

The Land Acquisition Bill: A Critique and a Proposal

The new Bill on land acquisition recently tabled in Parliament is well intentioned but seriously flawed. Its principal defect is that it attaches an arbitrary mark-up to the historical market price to...

by Maitreesh Ghatak | 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

Strategic Outsourcing with Technology Transfer

The outsourcing decision of a firm for a key input of a final good production to an independent input supplier even though the firm has an option of producing that key input in-house at a lower cost w...

by Tarun Kabiraj | On 02 Sep 2011

The Seed and Agricultural Biotechnology Industries in India: An Analysis of Industry Structure, Competition, and Policy Options

This paper examines the structure of India’s cereal seed and agbiotech industries, its potential effects on innovation and social welfare, and the policies that may improve both industry performance a...

by David J Spielman | On 31 Aug 2011

Achieving Progress for Development Effectiveness in Busan: An Overview of CSO Evidence

The global Reality of Aid Network has been working in preparation for Busan alongside CSO colleagues from women’s rights organizations, trade unions, farmers’ organizations, faith-based organizations...

by Brian Tomlinson | On 30 Aug 2011

Market Dynamics in Supply Chains: The Impact of Globalisation and Consolidation on Food Companie's Mark-ups

This paper examines whether ownership and increased competitive pressure affect food retailers’ market power, analysing whether all actors involved in the food supply chain deviate from the pricing be...

by Eleni A Kaditi | On 29 Aug 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

Drivers of Agricultural Diversification in India, Haryana and the Greenbelt Farms of India

The present study discusses factors responsible for agricultural diversification at different levels: country (India), state (Haryana) and farms of Kurukshetra district in Haryana. The study regress...

by Brajesh Jha | On 29 Aug 2011

Policy Dilemmas in India: The Impact of Changes in Agricultural Prices on Rural and Urban Poverty

Trade policy reforms which lead to changes in world prices of agricultural commodities or domestic policies aimed at affecting agricultural prices are often seen as causing a policy dilemma: a fall...

by Sandra Polaski | On 26 Aug 2011

When do Stock Futures Dominate Price Discovery?

Stock futures offer leveraged positions and are expected to attract informed traders. Many researchers have found that the information share of the stock futures is surprisingly small; the equity sp...

by Jeffrey Vincent | On 24 Aug 2011

Risks, Farmers’ Suicides and Agrarian Crisis in India: Is There A Way Out?

Poor returns to cultivation and absence of non-farm opportunities are indicative of the larger socio-economic malaise in rural India. This is accentuated by the multiple risks that the farmer faces...

by Srijit Mishra | On 23 Aug 2011

National Policy for Farmers

There is a need to focus more on the economic well-being of the farmers, rather than just on production. Socio-economic well-being must be a prime consideration of agricultural policy, besides pr...

by Ministry of Agriculture GOI | On 19 Aug 2011

National Nutrition Policy

The need for a National Nutrition Policy is implicit in both the paramountcy of nutrition in development as well as in tbe complexity of the problem. This general problem of under-nutrition should b...

by Government of India Ministry of Women and Child Development | On 19 Aug 2011

Fertilizing Nature: A Tragedy of Excess in the Commons

Globally, we are applying excessive nitrogen (N) fertilizers to our agricultural crops, which ultimately causes nitrogen pollution to our ecosphere. The atmosphere is polluted by N2O and NOx gas...

by Allen G Good | On 17 Aug 2011

Identifying Systemically Important Financial Institutions (SIFIs)

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

by Christian Weistroffer | On 12 Aug 2011

Bond Market Development in Asia: An Empirical Analysis of Major Determinants

This study attempts to identity the major determinants of bond market development in Asian economies, through examining its relationship with selected key financial and economic factors, and to provid...

by Biswa Nath Bhattacharyay | On 10 Aug 2011

Determinants of Primary Yield Spreads of States in India: An Econometric Analysis

An attempt is made to identify the determinants of yield spreads between the State and Central government securities in a panel data framework as has been used in several cross-country studies. This...

by Dhritidyuti Bose | On 08 Aug 2011

In the Shadow: Illegal Markets and Economic Sociology

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

by Jens Beckert | On 05 Aug 2011

Distress Situation in Dryland Areas Impacts on Livelihood Pattern and the Coping Strategies: A Review

This paper is a review of the different coping mechanisms adopted by the households in different dryland area of India. The primary focus of the present paper is to understand the coping mechanisms...

by Nikhil Govind | On 05 Aug 2011

Food Quality in Domestic Markets of Developing Economies: A Comparative Study of two Countries

Food quality has become an important determinant of success in global food trade and growers for international markets have to continuously adjust to buyers’ requirements. It is however not clear to w...

by Anneleen Vandeplas | On 03 Aug 2011

Tracking India Growth in Real Time

This paper compares different approaches to the short term forecasting (nowcasting) of real GDP growth in India and evaluates methods to optimally gauge the current state of the economy. Univariate ...

by Rudrani Bhattacharya | On 02 Aug 2011

Draft National Competition Policy for India

National Competition Policy is necessitated, as an overarching Policy framework, in continuation of the 1991-reforms, to infuse greater competition across sectors, and unleash fuller growth potential...

by Ministry of Corporte Affairs GOI | On 01 Aug 2011

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

Mutual Funds and Market Development in India

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

by Subir Gokarn | On 08 Jul 2011

Barriers to Household Risk Management: Evidence from India

Why do many households remain exposed to large exogenous sources of non-systematic income risk? Why don’t financial markets develop to pool these risks? This paper uses a series of randomized field...

by Shawn Cole | On 06 Jul 2011

Doha or Dada: The World Trade Regime at an Historic Crossroads

This study was not alone in demonstrating that a deal on the Doha Round could be of huge benefit to the global economy. Assuming plausible enhancements in the course of further negotiations, the big...

by Klaus Deutsch | On 06 Jul 2011

Domestic Wheat Price Formation and Food Inflation in India: International Prices, Domestic Drivers (Stocks, Weather, Public Policy), and the Efficacy of Public Policy Interventions in Wheat Markets

This paper gives information on global wheat market developments, price transmission and impacts on Indian domestic markets, as well as an assessment of public policies to manage domestic prices. This...

by Dipak Dasgupta | On 06 Jul 2011

Marriage Networks, Nepotism and Labor Market Outcomes in China

This paper considers the potential role of marriage in improving labor market outcomes through the expansion of an individuals' networks. The impact of a father-in-law on a young man's career using pa...

by Shing-Yi Wang | On 05 Jul 2011

Human Trafficking: The Shameful Face of Migration

A new framework for understanding migration as a series of phases, defining categories of people affected by migration and suggesting estimates of the likely size and importance of each group is g...

by PLoS Medicine Editors | On 04 Jul 2011

Fisher’s Equation: Some Methodological Doubts

The Fisher's equation has become a foundation stone of modern macroeconomic, monetary and financial theories. Here it is shown that despite the estabilished status of Fisher's equation, it stands on...

by Rajas Parchure | On 04 Jul 2011

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

Medical Students' Exposure to and Attitudes about the Pharmaceutical Industry: A Systematic Review

The relationship between health professionals and the pharmaceutical industry has become a source of controversy. Physicians’ attitudes towards the industry can form early in their careers, but littl...

by Kirsten E Austad | On 22 Jun 2011

Hunger, Under-Nutrition and Food Security in India

This paper examines the hunger and nutrition situation prevailing in India and suggests policy measures for ensuring adequate food security at the household level, particularly for marginalised groups...

by N.C. Saxena | On 17 Jun 2011

Let’s Be Straight Up about the Alcohol Industry

Alcohol industry is a massive and growing US$150 billion global business—have not yet received adequate prominence in medical journals. Indeed, attention to and scientific research on the alcohol...

by PLoS Medicine Editors | On 15 Jun 2011

Access to Land and Land Policy Reforms

The objective of this research and policy brief is to analyse different mechanisms of access to land for the rural poor in an era when redistribution through expropriative land reform is largely incon...

by Alain de Janvry | On 10 Jun 2011

Evolution of Land Distribution in West Bengal 1967-2004

This paper uses data from a household survey to estimate changes in land distribution in rural West Bengal between 1967-2004 and decompose these into contributions of different factors. There was a...

by Pranab Bardhan | On 09 Jun 2011

Captured by Cotton: Exploited Dalit Girls Produce Garments in India for European and US Markets

In this report, the widespread use of the Sumangali Scheme in Tamil Nadu is illustrated by four case studies of such vertically integrated enterprises of which the European and US buyers were identif...

by HAQ Centre for Child Rights HAQCRC | On 08 Jun 2011

Impact of Trade Liberalization on India’s Oilseed and Edible Oils Sector

The edible oil and oilseeds sector in India faces many challenges in the new environment of liberalized trade. Government intervention is faced with the task of balancing the interests of different st...

by P.V. Srinivasan | On 07 Jun 2011

Monitoring Pesticides in Vegetables and the Environment in Meerut District

Farmers in Meerut many pesticides wich are banned in West due to their carcinogenic characteristics. PSI’s staff, accompanied by the staff of Janhit Foundation, collected soil and vegetable samples fr...

by People's Science Institute PSI | On 07 Jun 2011

China’s Housing Markets: Regulatory Interventions Mitigate Risk of Severe Bust

A closer look at the developments in 35 cities across China, looking for potential regional real estate bubbles. An assessment is done about the success of the various policies and their potential n...

by Ulrich Clemens | On 02 Jun 2011

Demand or Supply for Schooling in Rural India?

Is the poor human capital investment by rural Indian families primarily a supply side or a demand side issue? School attendance and total human capital investment time (time in school plus travel ti...

by Sripad Motiram | On 01 Jun 2011

Report of the Expert Group on Agricultural Indebtedness

The issue of farmers’ indebtedness becomes a matter of intense debate whenever the agricultural sector faces distress. But, the root cause of the current crisis is not indebtedness alone - indebtedn...

by Indira Gandhi Institute of Development Research | On 30 May 2011

Right to Food in India

The objective of this paper is to examine right to food in the Indian context. The right to food is analysed in terms of availability, accessibility, adequacy and sustainability. These are examined...

by S. Mahendra Dev | On 27 May 2011

Causes of Asset Shortages in Emerging Markets

In this paper it has been illustrated that emerging markets (EMs) face a shortage of financial assets, with financial assets not growing as rapidly as domestic savings. Then the asset shortage in EMs...

by Chen Jiaqian | On 17 May 2011

India at 75: Towards Inclusive Growth through Labour Market Reforms

The policy of free hiring and firing, leading to a high labour turnover is in nobody’s interest: employers lose industrially accumulated useful skills while workers lose jobs and incomes. Yet job secu...

by Snehal Barai | On 09 May 2011

Non-Recourse Mortgages and Credit Market Breakdowns: A Framework for Policy Analysis

This paper illustrates that the legal structure of mortgage credit, in particular, its status in terms of recourse in foreclosure, can lead not only to the familiar problem of adverse selection ...

by Kaushik Basu | On 05 May 2011

Report of the Task Force on Plantations Sector

Today there is no credible alternative facility available to a grower to meet the risks of price movements and the art of price risk management is unknown to the small growers. (In this entire report,...

by Ministry of Commerce and Industry GOI | On 02 May 2011

The Quality of Medical Care in Low-Income Countries: From Providers to Markets

The excellent systematic review in this week’s PLoS Medicine by Paul Garner and colleagues focuses discussion on this critical issue. Their finding of poor quality in both the public and private s...

by Jishnu Das | On 29 Apr 2011

Tripura Budget 2011-12

Budget speech of Finance Minister.

by Government of Tripura | On 27 Apr 2011

Report of the Task Force on Credit Related Issues of Farmers

The Task Force visited 45 villages across 17 states and held state and regional level consultations to understand from women and men farmers, bankers, civil society, academicians, planners, activists,...

by National Bank for Agriculture and Rural Devt NABARD | On 27 Apr 2011

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

Local Knowledge and Agricultural Sustainability: A Case Study of Pradhan Tribe in Adilabad District

The paper presents some empirical data from the Pradhan Tribe of Andhra Pradesh which highlights the community's indigenous agricultural knowledge and the changes over time. These custodians of indi...

by Anil Kumar K | On 25 Apr 2011

Guidelines for Human-Leopard Conflict Management

After careful consideration of the inputs received from a variety of stakeholders, the following framework guidelines are suggested for managing the humanleopard conflict situations in areas where l...

by Ministry of Environment and Forests GOI | On 22 Apr 2011

Financial Transactions Taxes

This paper attempts to address both theoretical and practical considerations for a tax such as financial transactions taxes (FTT). It includes examples of FTT in the wider context, for example, on sto...

by Parthasarathi Shome | On 18 Apr 2011

Financial Regulatory Harmonization in East Asia: Balancing Domestic and International Pressures for Corporate Governance Reforms

Focusing on corporate governance, which many see as a critical part of the 1997 Asian financial crisis, and which is also seen as unresponsive to calls for change, this paper argues that such harmoniz...

by Richard W Carney | On 12 Apr 2011

Liquidity Considerations in Estimating Implied Volatility

Some option series in the market are far less liquid than others. Market illiquidity can reduce the informativeness of option prices. In this paper, an alternative schemes are proposed to estimate im...

by Rohini Grover | On 09 Apr 2011

Integrated Environmental and Social Assessment for Maharashtra Agriculture Competitiveness Project

Small and marginal farmers often lack proper market access to get a fair price for their produce because of their small marketable surplus and limited bargaining power. In addition, restriction on s...

by Government of Maharashtra | On 28 Mar 2011

Hot Topics for the Future of PRC and Hong Kong, China

At the end of 2004, the macroeconomic balance in the People’s Republic of China (PRC) raises some interesting options. The external sector enjoys a huge surplus, with significant increases in the cu...

by Toshiki Kanamori | On 25 Mar 2011

Locational Determinants of Acquisitions from China and India:The Role of Human Capital

MNEs are increasingly seeking to augment, as well as exploit, their global competitive advantage. Foreign direct investments are being directed to augmenting the competitive ownership specific...

by De Beule Filip | On 23 Mar 2011

Trends in Diversion of PDS Grain

This article estimates the proportion of grain "diverted" from the Public Distribution System (PDS) to the open market, using the well-established method of matching state offtake figures published by...

by Reetika Khera | On 21 Mar 2011

Are Emerging Stock Markets Sideshows? Some Stylised Facts from an Emerging Economy, India

The article addresses one of the most important policy questions: what role do emerging stock markets play in influencing real decisions such as corporate private investment? In this article we pres...

by Saumitra N Bhaduri | On 18 Mar 2011

Managing Common Pool Resources for Poverty Reduction in Tribal Areas of Eastern India

The main objectives of the study were to analyze the role of non-timber forest products in poverty alleviation in Chhattisgarh; to examine the system of governance, institutional framework and prog...

by R S Deshpande | On 17 Mar 2011

Investment and Capital Market Imperfections: Some Evidence from a Developing Economy, India

The paper presents a switching regression model of investment decision, where the probability of a firm facing financial constraint is endogenously determined. The approach, therefore, obviates the...

by Saumitra N Bhaduri | On 11 Mar 2011

Open Markets for the Poorest Countries: Trade Preferences That Work

Many rich countries provide special market access for exports from least developed countries (LDCs), but the trade preferences are often inhibited by tough restrictions and do not extend to the produc...

by Kimberly Ann Elliott | On 10 Mar 2011

The (mis)allocation of Capital

Is capital allocated so that its marginal product is equated to the market interest rate? Is the marginal product of capital equalized across its alternative uses. This paper attempts to answer both...

by Abhijit V. Banerjee | On 08 Mar 2011

Draft National Food Security Bill: Explanatory Note

This Explanatory Note highlights the rationale and major considerations that form the basis of the NAC proposals on food security. It supplements (i) the NAC recommendations on food security relea...

by National Advisory Council NAC | On 04 Mar 2011

Report of the Expert Group on Agricultural Indebtedness

The issue of farmers’ indebtedness becomes a matter of intense debate whenever the agricultural sector faces distress. But, the root cause of the current crisis is not indebtedness alone - indebtedn...

by Ministry of Finance | On 28 Feb 2011

Giving Credit Where it is Due

This paper shows how the productive interplay of theory and experimental work has furthered our understanding of credit markets in developing countries. Descriptive facts motivated a body of theory,...

by Abhijit V. Banerjee | On 28 Feb 2011

Economic Survey, 2010-11, Chapter 1

State of the Economy and prospects. URL:[http://www.indiabudget.nic.in/es2010-11/echap-01.pdf].

by Ministry of Finance | On 28 Feb 2011

Managing Capital Flows in Asia: Policy Issues and Challenges

Capital inflows provide emerging market economies with invaluable benefits in pursuing economic development and growth by enabling them to finance investment, smooth consumption, diversify risks, a...

by Masahiro Kawai | On 25 Feb 2011

Are Citizens’ Right of Access to Water Safe in Karnataka? Report on visit of US Water Trade Mission

The People’s Campaign for Right to Water and the Karnataka Rajya Raitha Sangha question the hush-hush US Water Trade Mission’s ( with 16 American corporations) visit to Bangalore next week with inte...

by People’s Campaign for Right to Water PCRW | On 25 Feb 2011

Experiences of Contracting Health Services: an Overview of the Literature

Recent health policy debates in both developed and developing countries have been strongly influenced by a trend towards ‘marketisation’, involving the selective introduction of a range of market me...

by Anne Mills | On 18 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 Economics of Foodgrain Management in India

The simultaneous occurrence of high food inflation and large foodgrain stocks in our granaries has been a matter of widespread concern in India. The aim of this paper is to understand the fundamenta...

by Kaushik Basu | On 03 Feb 2011

Advanced Economies Pose Three Financial Risks to Developing Countries in 2011

As in recent years, the major risks for emerging market economies in 2011 will come not from the policies and actions of the countries themselves, but from developments in advanced economies. There...

by Liliana Rojas Suarez | On 03 Feb 2011

Connecting the North-East

The North Eastern (NE) states characterized by isolation from the mainstream, hostile terrain and poor availability of power pose a challenge to any development effort, especially those related to In...

by Rekha Jain | On 02 Feb 2011

Global Employment Trends 2011: The Challenge of a Jobs Recovery: Executive Summary

This year's Global Employment Trends report is the first to assess how the world’s labour markets have been faring during the ongoing economic recovery and provide projections of employment and unempl...

by International Labour Organisation ILO | On 31 Jan 2011

Rethinking Agricultural Production Collectivities: The Case for a Group Approach to Energize Agriculture and Empower Poor Farmers

In the face of persistent rural poverty, an incomplete agrarian transition, the predominance of small and marginal farms and an emerging feminization of agriculture, this paper argues for a new in...

by Bina Agarwal | On 28 Jan 2011

Microfinance and Moneylender Interest Rate: Evidence from Bangladesh

The linkage between the formal and informal credit markets has long been of great interest to development economists. This paper addressed one aspect of the linkage by empirically investigating the...

by Debdulal Mallick | On 25 Jan 2011

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

Evolution of India’s Exchange Rate Regime

The paper analyzes the changing INR trends over the reform period, in the context of fundamental determinants of exchange rates. [WP-2010-024].

by Ashima Goyal | On 13 Jan 2011

To Develop or to Conserve? The Case of the Diyawanna Oya Wetlands in Sri Lanka

The Diyawanna Oya wetland ecosystem has proven to be an important recreational site in the greater Colombo area in the face of the growing demand for urban recreational amenities. It provides a wide s...

by Thusita Dilhani Marawila | On 06 Jan 2011

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

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

by Renu Addlakha | On 22 Dec 2010

A Technical Paper on “Inflation Indexed Bonds (IIBs)"

This technical paper sets out the benefits and downsides of issuing IIBs along with explaining its structure comprising of indexation (principal or interest), inflation index lag, issuance method, met...

by Reserve Bank of India | On 17 Dec 2010

The Relative Efficiency of Water Use in Bangladesh Agriculture

This study examines the marginal productivity of water and other inputs in dry season rice production in Bangladesh. Agriculture is the major water using sector in Bangladesh, but water is in shortsup...

by Nasima Tanveer Chowdhury | On 17 Dec 2010

Integration of the Ultra Poor into Mainstream Development: How Effective is CFPR?

This paper aimed to understand the dynamics of participation of the TUP (Targeting the Ultra Poor) members of CFPR (Challenging the Frontiers of Poverty Reduction) phase I in the financial market sin...

by Raniya Shams | On 16 Dec 2010

The Future of Financial Liberalization in South Asia

The paper defines financial liberalization, distinguishing between liberalization of domestic financial markets and capital account convertibility. It then examines the stages and the strategy of Ind...

by Ashima Goyal | On 14 Dec 2010

Venture Capital and Micro-finance Instituted Business Plan for a School Edupreneur

The report is a study of possibilities for the institutionally disabled entrepreneurs to raise capital from private players like venture capitalists and micro-finance institutions.

by Mallika Chawla | On 13 Dec 2010

People’s Republic of China and its Neighbors: Partners or Competitors for Trade and Investment?

The very rapid economic growth of the People’s Republic of China (henceforth PRC), its dramatic success in world export markets and its heavy receipts of foreign direct investment (FDI) have generat...

by John Weiss | On 10 Dec 2010

Solar Industry –Entering new Dimensions: Comparison of Technologies, Markets and Industries

Over the past two years the solar industry has shown itself to be incredibly resilient to the general economic crisis. Supported by cost-cutting and efficiency improvements, the photovoltaics (PV) in...

by Bank Sarasin | On 10 Dec 2010

Agribusiness in South Asia: A Fact Sheet

Agribusiness is the single largest sector of the economy in many developing countries and is growing fast. The present paper examines the situation of agribusiness in different countries of South Asia...

by Sukhpal Singh | On 09 Dec 2010

Asian Century: A Comparative Analysis of Growth in China, India and other Asian Economies

The paper argues that if the Chinese economy had failed, mainstream economics would have described this as completely predictable, given the extent and nature of involvement of the Chinese state in th...

by Kaushik Basu | On 06 Dec 2010

Dairy Information Services Kiosk and Dairy Portal

A proof of concept application using Information and Communication Technology (ICT) in the dairy sector was developed by the Centre for Electronics Governance at the Indian Institute of Management, Ah...

by T.P. Rama Rao | On 03 Dec 2010

Consumer Confidence in Financial Markets

This paper makes an attempt to identify major factors, like currency forfeiting, loan default, capital shortfall, capital flight, etc which undermine consumer confidence in the financial services sect...

by Md. Kabir Ahmed Chowdhury | On 02 Dec 2010

Fighting Junk Food Marketing to Kids

In the recent years a vast range of ready-made food selling companies and fast food joints have cropped up in the markets. This paper analysis the effect of marketing strategies of such companies on y...

by Berkeley Media Studies Group BMSG | On 02 Dec 2010

Inequality, Corruption, and Competition in the Presence of Market Imperfections

In this paper they analyze the relation between inequality, corruption and competition in a developing economy context where markets are imperfect. They consider an economy where different types o...

by Indranil Dutta | On 02 Dec 2010

When index dissemination goes wrong: How fast can traders add and multiply?

This paper studies an episode of dissemination of wrong stock index values in real time due to a software bug in the Indian Nifty index futures market on the morning of January 18, 2006. The episod...

by Jayanth R Varma | On 01 Dec 2010

Determinants of Trade Misinvoicing

Traditional explanations for trade misinvoicing -- high custom duties and weak domestic economies — are less persuasive in a world of high growth emerging markets who have low trade barriers. A 35- ...

by Ila Patnaik | On 22 Nov 2010

Foreign Shareholding: A Decomposition Analysis

A decomposition in the ownership of shares by foreigners is offered into three parts: the change in insider shareholding, the change in market capitalisation and the change in the fraction of outsi...

by Ajay Shah | On 16 Nov 2010

Shanghaied, not Bangalored

American jobs are being lost because of outsourcing, to places like Bangalore. So, unlike many other visiting dignitaries, President Obama is going to give that city a careful miss during his three-da...

by T.N. Ninan | On 11 Nov 2010

Trade Liberalisation, Market Power abd Scale Efficiency in Indian Industry

Using information on listed firms in each of the industry groups at the two-digit level within Manufacturing this study investigates whether the radical shift in trade policy in India in 1991 result...

by Pulapre Balakrishnan | On 09 Nov 2010

Impacts of Current Global Economic Crisis on Asia’s Labor Market

The paper investigates the labor market and social impacts of the global financial and economic crisis in Asia and the Pacific as well as national policy responses to the crisis. It draws on recent ma...

by Phu Huynh | On 08 Nov 2010

Korea’s Unemployment Insurance in the 1998 Asian Financial Crisis and Adjustments in the 2008 Global Financial Crisis

This paper analyzes the impacts of the 1998 and 2008 financial crises on the Korean labor market. They study the historical background of the Korean Employment Insurance System and the change of labor...

by Sung Teak Kim | On 04 Nov 2010

Informalization of Industrial Labour in India: Are labour market rigidities and growing import competition to blame?

Since the 1980s, there has been increasing informalization of industrial labour in India. It has taken two forms: rising share of the unorganized sector in manufacturing employment and informalizatio...

by Bishwanath Goldar | On 03 Nov 2010

Asset Market Structures and Monetary Policy in a Small Open Economy

This paper sets up a canonical new Keynesian small open economy model with nominal price rigidities to explore the impact of habit persistence and exchange rate pass-through on the welfare ranking of...

by Yongseung Jung | On 01 Nov 2010

Does Change in S & T Explain Dynamics in Human Capital? An enquiry into Emerging Trends in Nursing Labour Market

We examine why it is important to consider seemingly autonomous but more embedded socio-political-economic aspects in assessing the impact of changes in Science and Technology (S&T) on human capital...

by Bino Paul G.D | On 29 Oct 2010

Understanding NREGA: A Simple Theory and Some Facts

A developing economy like India is often characterised by a labour market with demand and supply of labour and a wage that even if competitively determined may not be adequate for the poor household t...

by Diganta Mukherjee | On 29 Oct 2010

Integration of India’s Financial Markets on the Domestic and International Fronts: An Emperical Analysis of the Post-Liberalisation Period. June 2010

Against the backdrop of financial liberalisation, this paper examines India’s financial integration, both on the domestic and international fronts. Preliminary analysis of the secondary data shows ...

by Gargi Sanati | On 29 Oct 2010

Cross-Border Mergers and Acquisations in India: Extent, Nature and Structure.July 2010

The corporate sector all over the world is restructuring its operations through mergers and acquisitions in an unprecedented manner in order to successfully overcome the challenges posed by globaliz...

by Beena Saraswathy | On 29 Oct 2010

Linking Asia’s Trade, Logistics, and Infrastructure

Infrastructure services, from both hard and soft infrastructure, play a vital role in facilitating Asia’s export-led growth by keeping the prices of delivered goods in export markets competitive. Ef...

by Douglas H. Brooks | On 28 Oct 2010

Strategic Choice of Freight Mode and Investments in Transport Infrastructure within Production Networks

In the context of production linkages in which downstream producers require freight services provided by transport operators, the author show that the strategic choice of using an alternative transp...

by Ying Yi Tsai | On 27 Oct 2010

Malaysia and the Global Crisis: Impact, Response, and Rebalancing Strategies

The economic crisis that began in the United States had an effect on the developed world, including the European Union, Japan, and Singapore. The downturn of the economy in the United States, coupled...

by Shankaran Nambiar | On 26 Oct 2010

Finance of Modern Economic Growth - The Historical Role of Agricultural Resources

The importance of an 'agricultural surplus' for the structural transformation accompanying economic growth is often stressed in development literature. 'Agricultural surplus', defined as the physical...

by Ashoka Mody | On 21 Oct 2010

Consultation Paper on Certain Issues Relating to Telecom Tariffs

This consultation paper brings out various issues that have a bearing on telecom tariff offers. In line with established practice, the Authority seeks the views of all stakeholders by 15th November,...

by Telecom Regulatory Authority of India TRAI | On 20 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

Foreign Bond Markets and Financial Market Development: International Perspectives

The domestic bond markets of the Asia and Pacific region have grown considerably since the Asian financial crisis of 1997, although they remain undeveloped relative to the region’s weight in the w...

by Jonathan A. Batten | On 18 Oct 2010

Developing Asian Local Currency Bond Markets: Why and How?

This paper examines the motivation for, and the success of, regional efforts in Asia to promote local currency bond markets. The analysis demonstrates that Asian local currency bond markets made sub...

by Mark M. Spiegel | On 14 Oct 2010

International Reserves and Swap Lines in Times of Financial Distress: Overview and Interpretations

In this paper I review the use of precautionary measures aimed at mitigating emerging markets’ exposure to fragility associated with financial integration. The discussion draws possible lessons from t...

by Joshua Aizenman | On 13 Oct 2010

The Financial Crisis: A Wake-Up Call for Strengthening Regional Monitoring of Financial Markets and Regional Coordination of Financial Sector Policies?

How much can regional monitoring of financial markets and coordination of financial sector policies contribute to preventing and mitigating financial crises? This paper reviews and compares the experi...

by Adalbert Winkler | On 13 Oct 2010

The Impact of Free Trade Agreements on Business Activity: A Survey of Firms in the People's Republic of China

The People’s Republic of China (PRC) has emerged as a major player in the global economy and considers free trade agreements (FTAs) an important part of its global trading strategy. The PRC’s export i...

by Yunling Zhang | On 12 Oct 2010

Looking Beyond Literacy: Disparities in Levels of and Access to Education in a Kerala Village

This paper makes an attempt at understanding why inequalities continue to exist in the educational profile of the population despite high literacy, universal enrollment in schools and relatively be...

by Suma Scaria | On 12 Oct 2010

Towards an Economic Approach to Sustainable Forest Development

The present paper looks at the various dimensions of contributions by forests in the context of the Indian economy. Based on a detailed review of literature on importance and valuation of forests, s...

by Archana S Mathur | On 08 Oct 2010

Asian Property Markets: No Significant Bubbles-Yet!

After house price bubbles burst in many OECD countries, investors are keeping a very watchful eye for price developments on asset markets that signal a bubble.

by Steffen Dyck | On 08 Oct 2010

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

Peasants and Formal Credit in Thiruvithamcore: The State Institutions and Social Structure 1914-1940

Considerations of credit mechanism as a suitable mode of appropriation of surplus, compared to rent, explains to a great extent the motivation, behind state intervention in the money market in pea...

by T.T. Sreekumar | On 04 Oct 2010

Public Debt Management in Sri Lanka-Performance in 2009 and Strategies for 2010 and Beyond

The information included in this publication covers the public debt management strategies adopted in 2009, the movements in debt stock during the year and the related costs and risks and the primar...

by Central Bank of SriLanka CBSL | On 30 Sep 2010

Macro-prudential Approach to Regulation - Scope and Issues

It is being acknowledged that a macro prudential perspective is critical in designing and pursuing micro prudential regulation of institutions and markets. Two distinct but highly inter-related constr...

by Shyamala Gopinath | On 28 Sep 2010

Promoting Learning and Industrial Upgrading in ASEAN Countries

This paper traces the effects of the “East Asian Miracle,” the 1997–1998 Asian Crisis, the recovery, and the 2008–2009 global financial crisis on ASEAN countries. It also considers how ASEAN countries...

by Willem Thorbecke | On 28 Sep 2010

Wage Determination in a Casual Labour Market: The Case of Paddy Field Labour in Kerela

The wage rate in s casual labour market, paddy field labour, is estimated from a reduced form version of a supply and demand model after incorporating literacy, caste and the degree of m...

by K. Pushpangadan | On 27 Sep 2010

HANTEX: An Economic Appraisal

Most Governments in the Third World Countries have actively promoted cooperatives in the traditional sectors of the economy with a view to overcome the diseconomies of small size. Characterised as the...

by Mridul Eapen | On 27 Sep 2010

On R&D Information Sharing and Merger

The paper deals with the issue of information sharing in a Cournot duopoly by an innovating firm in the face of a merger with its rival. The innovating firm would share information about the cost...

by Uday Bhanu Sinha | On 27 Sep 2010

Millers, Commission Agents and Collusion in Grain Auction Markets: Evidence From Basmati Auctions in North India

This paper undertakes structural estimation of asymmetric auction models in a market for basmati, and detects the presence of a cartel consisting of a large (in market share) local miller and comm...

by A. Banerji | On 23 Sep 2010

Design of Power Markets : Different Market Structures and Proposed Options for India

In this paper, the different market structure options and the broad organisational forms of restructured wholesale markets for electricity that have emerged, have been critically analysed. [Working Pa...

by Payal Malik | On 15 Sep 2010

Markets, Institutions and Efficiency: Ground Water Irrigation in North India

This paper analyzes the institutions and markets that govern groundwater allocation in the sugarcane belt of Uttar Pradesh, India, using primary, plot-level data from a village which shares the typic...

by A. Banerji | On 14 Sep 2010

Seasonality and Wage-responsiveness in Nonclearing Labour Markets: Evidence from Indian Agriculture

Labour income is often a major source of income not only for landless rural households but also for the 'small' farmers in Asian agriculture. Fluctuations in labour income can be quite marked, owing t...

by Sunil Kanwar | On 10 Sep 2010

Understanding the ADR premium under market segmentation

Capital controls can induce large and persistent deviations from the Law of One Price for cross-listed stocks in international capital markets. A considerable literature has explored rm-speci c fac...

by Matthieu Stigler | On 09 Sep 2010

European Union Foreign Policy And the Challenges of Globalisation

The European Union is a profoundly political project and one which has attempted to achieve important political goals through economic means. Initially through the establishment of a coal and steel ...

by Christopher F. Patten | On 07 Sep 2010

The Evolution of Singapore Business: A Case Study Approach

This volume contains summaries of 12 case studies for three categories of business organisations defined by ownership, i.e. foreign, state and (local) private. The case studies explore the history a...

by Anisha Sabhlok | On 06 Sep 2010

Direct Taxation of Agriculture

Extension of the wealth tax to agriculture, it will be recalled, was opposed on the ground that it would hurt even the small and medium-sized farmers. This argument was advanced...

by K. N. Raj | On 01 Sep 2010

Managing Knowledge, Creating Networks and Triggering Innovations for Sustainable Agriculture

In this paper, the author discuss the major knowledge gaps, stress the importance of peer learning and building upon farmers’ own innovations and suggest new initiatives for transforming extension s...

by Anil. K Gupta | On 25 Aug 2010

Indian Software Industry: Distortions and Consolidations of Gains

The Indian software industry is at the bottom of knowledge hierarchy, where the bottom is highly segmented. The political process that successfully thwarted the automation of Indian manufacturing sect...

by Pradosh Nath | On 20 Aug 2010

Youth Labour Markets in Europe and Central Asia

This paper looks at developments in and around the transition of young people from education to work in the ECA region in recent years. The purpose of the paper is to aid understanding of the curren...

by Niall O’Higgins | On 05 Aug 2010

Determinants of Small-Scale Farmer inclusion in Emerging Moder Agrifood Markets: A Study of the Dairy Industry in India

In response to structural transformations taking place in the Indian dairy sector mainly in processing segment this paper examines determinants of market channel choices of milk produce...

by Vijay Paul Sharma | On 02 Aug 2010

Competition and Collusion in Grain Markets: Basmati Auctions in North India

Many small wholesale grain markets in India are characterized by large numbers of sellers and a relatively small number of buyers, thereby lending the price formation process open to manipulation th...

by J.V. Meenakshi | On 26 Jul 2010

Sand in the Wheels of International Finance: Revisiting the Debate in Light of the East Asian Mayhem

The turmoil that has characterised the global financial markets since the 1990s, and particularly the crisis in East Asia, has generated a great deal of support for proposals to add some frictions t...

by Ramkishen Rajan | On 21 Jul 2010

The National Commission For Women: Assessing Performance

Although a lot of scholarly attention has gone into issues concerning women for more than three decades, little work has been done on the evolution and functioning of institutions1 that have been cr...

by Sadhna Arya | On 16 Jul 2010

Residential Location and Youth Unemployment: The Economic Geography of School-To-Work

In response to increased international policy attention to youth unemployment this study investigates post-secondary school transitions of school leavers. Multinomial log it models are estimated for m...

by Regina T. Riphahn | On 09 Jul 2010

The Unsupportable Support Price : The Government in Paddy Auctions of Northern India

In consonance with the global trend of redefining the role of the government in developing and transition economies from producer to facilitator, there is today a lively debate in India on governm...

by J.V. Meenakshi | On 07 Jul 2010

Supply Response of Indian Farmers: Pre and Post Reforms

This study estimates supply response for major crops during pre and post reform periods using Nerlovian adjustment cum adaptive expectation model. Estimation is based on dynamic panel data approach wi...

by G. Mythili | On 06 Jul 2010

Alcohol Marketing in the Digital Age

This paper talks about alcohol marketing in digital age.

by Jeff Chester | On 30 Jun 2010

How Would an Appreciation of the Yuan Affect the People's Republic of China's Surplus in Processing Trade?

Enormous trade surpluses are problematic for the People’s Republic of China (PRC) and the rest of the world. They primarily stem from processing trade. This paper investigates how exchange rate ch...

by Willem Thorbecke | On 30 Jun 2010

The Question of Land and Infrastructure Development in India: Urgently Required Reforms for Fairness and Infrastructural Development

In this paper an analytical critique of the law and restrictions as also of the framework of urban planning and a justification for why major change is required in the approach to land markets, lan...

by Sebastian Morris | On 29 Jun 2010

Price Impact of Block Trades and Price Behavior Surrounding Block Trades in Indian Capital Market

This paper analyzes the permanent (information effect) and temporary (liquidity effect) impact of block trades transacted in the National Stock Exchange of India.[W.P. No. 2010-04-02]

by Sobhesh Kumar Agarwalla | On 29 Jun 2010

Industrial Tariffs and South Asia I Interpreting for Development

This paper analyses one of the most contentious issues in ongoing negotiations on Non-Agricultural Market Access (NAMA) under the purview of the World Trade Organisation (WTO): the tariff reduction mo...

by Prabhash Ranjan | On 22 Jun 2010

Call Auctions: A Solution to Some Difficulties in Indian Finance

Call auctions represent an alternative strategy, where the order ow over a certain time period is pooled, and the market-clearing price obtained through an aggregated supply and demand curve. Cal...

by Susan Thomas | On 22 Jun 2010

NAMA Tariff Negotiations: What Are South Asia's Best Options?

This paper looks at the possible impact of ongoing tariff negotiations on South Asian countries, namely Bangladesh, India, Nepal, Pakistan and Sri Lanka, at an aggregate level or at the Multilateral T...

by Prabhash Ranjan | On 21 Jun 2010

Matching for Credit: Risk and Diversification in Thai Microcredit Groups

How has the microcredit movement managed to push financial frontiers? In a context in which borrowers vary in unobservable risk, Ghatak (1999, 2000) shows that group-based, joint liability contracts p...

by Christian Ahlin | On 21 Jun 2010

Understanding Vietnam: A Look Beyond Facts and Figures

Vietnam's (re) discovery in recent years by the international investor community gives the country a second chance to become and Asia tiger. The article looks into the economic, social, political, per...

by Tamara Trinh | On 16 Jun 2010

Parking Space for the Poor: Restrictions Imposed on Marketing and Movement of Agricultural Goods in India

Agricultural markets in India have been regulated since 1928 with the inception of the "Royal Commission of Agriculture." Policy intervention in agriculture was virtually absent till the Bengal Fam...

by Mayank Wadhwa | On 16 Jun 2010

Street Vendors: Exploitation by the State

Street vendors are those millions of people who come to cities as economic refugees hoping to provide basic necessities for their families.They are the main distribution channels for a large variety...

by Shailly Arora | On 15 Jun 2010

Addressing Agricultural Power Subsidy: A Case Study of North Gujarat

This paper on the basis of fieldwork in the region of North Gujarat tries to analyze the perceptions among various sections of the farmers and examines whether the subsidy is pro-poor in nature. The...

by Vidyut Joshi | On 07 Jun 2010

Do Reservation Policies Affect Productivity In The Indian Railways?

The objective in this paper is to shed some empirical light on a claim often made by critics of affirmative action policies: that increasing the representation of members of marginalized communities i...

by Ashwini Deshpande | On 26 May 2010

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

OTC Derivatives Market in India: Recent Regulatory Initiatives and Open Issues for Market Stability and Development

The paper seeks to prove the point that the Indian OTC derivatives markets, unlike many other jurisdictions, are well regulated. Only contracts where one party to the contract is an RBI regulated e...

by Dayanand Arora | On 03 May 2010

Impact of ASEAN-India FTA on India’s Plantation Commodities: A Simulation Analysis

The present study attempts a quantitative assessment of the impact of recently signed ASEAN-India FTA (AIFTA) for selected plantation commodities (coffee, tea and pepper) in India. Partial equilibri...

by C. Veeramani | On 20 Apr 2010

Regulatory Structure for Financial Stability and Development

Stricter regulatory surveillance in emerging market economies (EMEs) largely insulated their financial systems from the crisis. Development and convergence of regulatory apparatus has been rapid. In...

by Ashima Goyal | On 29 Mar 2010

'Bed and Board' in Lieu of Salary: Women and Girl Children Domestics in Post Partition Calcutta (1951-1981)

The present study attempts to see how a particular labour market, that is, domestic service, a traditionally male domain, became segregated both by gender and age in post partition West Bengal (WB) a...

by Deepita Chakravarty | On 25 Mar 2010

Socio-Economic Impact of Mobile Phones on Indian Agriculture

This paper investigates a series of questions that explore this topic: What kind of information do farmers value the most to improve agricultural productivity? Do mobile phones and mobile-enabled ag...

by Surabhi Mittal | On 03 Mar 2010

State Aid and Competition in Banking: The Case of China in the Late Nineties

A reduced form model where banks can pursue other goals than profit maximization is presented. This allows us to test for behavioral changes of banks over time. This model provides a framework to e...

by Xiaoqiang Cheng | On 23 Feb 2010

What Determines the Success and Failure of ‘100 Days Work’ at the Panchayat Level? A Study of Birbhum District in West Bengal

West Bengal is not among the best performing states with regard to NREGA. The performance of all districts in the state is not equally discouraging. Some districts, in fact, have done well in gener...

by Subrata Mukherjee | On 19 Feb 2010

The Impact of Slum Resettlement on Urban Integration in Mumbai: The Case of the Chandivali Project

The paper studies the socio-economic impact of the shift of slum dwellers to new rehabilitation site of Chandivali. It also discuses the issue of availability and choice of employment as a key driver...

by Damien Vaquier | On 18 Feb 2010

Pesticides and Productivity – a Study of Vegetable Farming in Nepal

In Nepal, agriculture is commercializing day by day and levels of agro-chemical use are growing. This is beginning to raise concerns about the health and environmental impacts of farm chemicals suc...

by Ratna Kumar Jha | On 09 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

Productivity of Pesticides in Vegetable Farming in Nepal

This paper examines the effectiveness of damage control mechanisms to reduce crop losses from agricultural pests. It uses data from a sample of Cole crop (Cauliflower and Cabbage) growing households...

by Ratna Kumar Jha | On 22 Jan 2010

Market-Based Approaches to Environmental Management: A Review of Lessons from Payment for Environmental Services in Asia

Market-based approaches to environmental management, such as payment for environmental services (PES), have attracted unprecedented attention during the past decade. PES policies, in particular, hav...

by Bhim Adhikari | On 20 Jan 2010

Book Review: Microfinance-Is it a means of Empowering Women?

Multiple Meanings of Money: How Women See Microfinance by Smita Premchander, V. Prameela, M. Chidambaranathan, L. JeyaseelanSage publication, 2009, Pp 264, Rs. 595/-

by Sanchita Das | On 20 Jan 2010

Why India Choked when Lehman Broke

India has an elaborate system of capital controls which impede cap- ital mobility and particularly short-term debt. Yet, when the global money market fell into turmoil after the bankruptcy of Lehman...

by Ila Patnaik | On 19 Jan 2010

Who Owns Children and Does It Matter?

In this paper a particular market failure that may lead to inefficiently low equilibrium fertility and therefore to a need for government intervention are analysed. The friction which is investigated...

by Alice Schoonbroodt | On 18 Jan 2010

A Marketing Scheme for Making Money off Innocent People: A User’s Manual

Firms often give away free goods with the product that they sell. Firms often give stock options to their top management and other employees. Mixing these two practices—giving stock options to consu...

by Kaushik Basu | On 15 Dec 2009

Contract Farming in Thailand: A View from the Farm

The study presents an initial assessment of the situation and to raise the main issues in terms of farmers’ and workers’ rights. It is part of a long term process involving farmer movements, trade un...

by Isabelle Delforge | On 15 Dec 2009

Rethinking Food Security Policies: IDSAsr Declaration

Declaration made at the end of two days national seminar on Food security and Sustainability in India held on November 7-8, 2009 organized by GAD Institute of Development Studies, PO Naushera, Amritsa...

by Gursharan Singh Kainth | On 14 Dec 2009

The Limits of Intellectual Property Rights: Lessons from the Spread of Illegal Transgenic Cotton Seeds in India

This paper examines these difficulties of regulation in the context of spread of unapproved transgenic Bt cotton seeds in India. This paper also examines the impact of the cultivation of approved and...

by Bharat Ramaswami | On 08 Dec 2009

Statistical Trends in Pharmaceutical Research for Poor Countries

Introducing patent rights in developing country markets might stimulate greater R and D investment targeting their specific health needs – areas long neglected. This paper examines this argument using...

by Jean O Lanjouw | On 26 Nov 2009

Should Banking Be Made Boring? - An Indian Perspective

Ills of the banking system that caused the crisis. An extensive analysis of the causes is given. A brief synopsis to provide a backdrop for the ‘boring banking’ discussion is given. [Speech at the Int...

by Duvvuri Subbarao | On 25 Nov 2009

Agricultural Subsidies and Negotiations: Strategies and Options

The paper points out that some provisions of the framework will allow developed countries to maintain and, in some cases, even increase domestic farm support and still remain WTO-compliant. In most ca...

by Parthapratim Pal | On 25 Nov 2009

Think the Future

The time may have come to stop thinking of five-year plans, and to focus instead on 10- and 20-year scenarios.

by T.N. Ninan | On 23 Nov 2009

VIllage Economics and the Structure of Extended Family Networks

This paper documents how the structure of extended family networks in rural Mexico relates to the poverty and inequality of the village of residence. Using the Hispanic naming convention, within-villa...

by Manuela Angelucci | On 23 Nov 2009

Gendering Human Development Indices: Recasting the Gender Development Index and Gender Empowerment Measure of India

Gender-related Development Index (GDI) and Gender Empowerment Measure (GEM) developed by UNDP need to be recast to realistically capture the gender gaps in development and empowerment in the Third Wo...

by Government of India Ministry of Women and Child Development | On 10 Nov 2009

Government vs Weather The True Story of Crop Insurance in India

The government of India started offering widespread crop in insurance in 1985, with the Comprehensive Crop Insurance Scheme. The CCIS has been replaced by the National Agriculture Insurance Scheme....

by Jennifer Ifft | On 06 Nov 2009

Philosophy and Practice of Financial Sector Regulation – Space for Unorthodoxy

Evolution of the financial sector regulation in India, particularly focusing on the elements of the policy framework which have contributed to the broader stability in the financial sector is depicted...

by Shyamala Gopinath | On 05 Nov 2009

Delegation and Emission Tax in a Differentiated Oligopoly

How product differentiation as well as strategic managerial delegation affects optimal emission tax rate, environmental damage and social welfare, under alternative modes of product market competiti...

by Rupayan Pal | On 04 Nov 2009

Second Quarter Review of Monetary Policy 2009 -10

The repo rate has been kept unchanged at 4.75%. The reverse repo rate left steady at 3.25%. The bank rate has been retained unchanged at 6.0%. The cash reserve ratio (CRR) of scheduled banks has been...

by D Subbarao | On 27 Oct 2009

Learning from Crises

Recollect and recount lessons from crises. The key lessons are how to anticipate and take pre-emptive action and equally important, once you are in the middle of it, how to respond effectively namely,...

by Usha Thorat | On 22 Oct 2009

Crash Boom Bang: Second Hand Car Imports in India

The paper analyzes and enumerates the various causes for accidents in Delhi and also suggests possible solution solution to counter the problem and bring down accident rates.

by Arjun Bhattacharya | On 21 Oct 2009

Emerging Market Concerns: An Indian Perspective

From the perspective of Emerging Market Economies (EMEs) and particularly for that of India, five concerns are expressed. These are: first, timing of exit from the accommodative monetary policy in the...

by D Subbarao | On 15 Oct 2009

Coping with Rising Food Prices: Policy Dilemmas in the Developing World

Rising food prices cause considerable policy dilemmas for developing country governments. Letting domestic prices adjust to reflect the full change in international prices generates inflationary pres...

by Nora Lustig | On 09 Oct 2009

Kerala Fights Clock in ASEAN Free-Trade Deal

The paper discusses the impacts of free-trade policy on the agricultural exports of Kerala.

by Ranjit Devraj | On 08 Oct 2009

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

Dual Practice by Public Health Providers in Shandong and Sichuan Provinces, China

Private practice in the health sector was re-introduced from 1980, when China began its economic reform from a planned economy to a market economy. But today the total number of private sector provide...

by Ying Bian | On 30 Sep 2009

Poverty Vs Inequality

Are economic reforms and the greater role of markets responsible for growth being anti-poor and anti-equality, or is it the failure of governance in poverty-ridden states like Bihar and Jharkhand that...

by T.N. Ninan | On 22 Sep 2009

The Afghan Economy After the Election

There were many challenges involved in the conduct of the elections. For example, the people had to cast votes among 16 presidential candidates (2 candidates withdrew two days before the elections) i...

by Manabu Fujimura | On 17 Sep 2009

Monetary Policy, Forex Markets and Feedback Under Uncertainity in an Opening Economy

Options for monetary policy arising from interactions between it and Indian foreign exchange (FX) markets. A brief survey covers recent rapid changes providing a snapshot of current microstructure, ...

by Ashima Goyal | On 14 Sep 2009

Middlemen Margins and Globalization

A theory of trading middlemen or entrepreneurs who finance and market goods produced by workers are developed. A two sector two country model of competitive equilibrium, with endogenous sorting of age...

by Pranab Bardhan | On 02 Sep 2009

A Simple Model of the Financial Crisis of 2007-9 with Implications for the Design of a Stimulus Package

The financial crisis of 2007-09 began as a local problem in the mortgage finance market in the United States and Europe but, within months, escalated into a general global financial crisis, resulting...

by Kaushik Basu | On 17 Aug 2009

Developing The Indian Debt Capital Markets: Small Investor Perspectives

This paper argues that with the recent economic reforms, an efficient and active debt market, particularly in long-term private debt instruments, is essential for the country to realize the full bene...

by Pronab Sen | On 13 Aug 2009

A Glimpse of the Tiger: How Much are Indians Willing to Pay for It?

The recreational demand for the Indian Sundarban, which is a World Heritage site and a complex mangrove ecosystem that borders India and Bangladesh is estimated. Two alternative methodologies exist f...

by Indrila Guha | On 13 Aug 2009

National Innovation System and the Emergence of Indian Information and Software Technology Multinationals

This study analyzes the factors leading to the emergence of these Indian IST firms as multinationals in the global market. Applying the theoretical framework of national innovation system (NIS), the...

by Jaya Prakash Pradhan | On 07 Aug 2009

A Model of Market Clearing Exchange Rates

This paper formulates a model of exchange rate determination that describes the market processes by which the foreign exchange markets are cleared and international receipts of countries are brought...

by Rajas Parchure | On 06 Aug 2009

Peasant Classes, Farm Incomes and Rural Indebtedness: An Analysis of Household Production Data from Two States

The paper attempts to appraise the extent of the constraint of credit relations on agricultural production and its differential impact across peasant classes. Additionally, the analysis of the structu...

by Arindam Banerjee | On 04 Aug 2009

Nepal Budget 2009-10

Budget presented by Finance minister of Nepal.

by Surendra Pandey | On 27 Jul 2009

Global Financial Architecture: Past and Present Arguments, Advice, Action

In the context of the formation of G-20, the paper points out the absence of reform in the global financial architecture (GFA) after the East Asian crisis, and assesses factors that can improve the ch...

by Ashima Goyal | On 15 Jul 2009

A Status Report on India’s Financial System: A view from the Standpoint of Intermediation and Risk Bearing

The paper seeks to analyse and discuss the impact of financial reform and related institutional change on the process of financial intermediation. In effect reforms stood the earlier quantity driven...

by Chakrabarti B.B. | On 09 Jul 2009

Report of the Internal Working Group on Debt Management

Establishing a debt management office would consolidate all debt management functions in a single agency, and be the catalyst for wider institutional reform and transparency about public debt. It is i...

by Ministry of Finance | On 04 Jul 2009

Crises, Capital Controls, and Financial Integration

This paper analyzes the effects of capital controls and crises on financial integration, using stocks from emerging economies that trade in both domestic and international markets. The cross market p...

by Eduardo Yeyati | On 27 Jun 2009

Drug Regulation in the Philippines

Access to essential drugs is vital for the promotion of better health for the entire population. High prices of drugs are being used as an argument for greater government role in the drugs sector thro...

by Allan Grand A. Sobrepeña | On 16 Jun 2009

Employment Promoting Growth in Bangladesh: Monetary and Financial Sector Issues

Although economic growth has improved in recent years in Bangladesh, the better economic performance has not translated into satisfactory poverty reduction. The type of growth that matters Bangladesh...

by Mustafa. K. Mujeri | On 15 Jun 2009

Financing Long Term Investments in Bangladesh: Capital Market Development Issues

There has been an increase in the demand for infrastructure services and opening up of the infrastructure sector for private investment. As a result, a large number of financial intermediaries and pri...

by Mustafa. K. Mujeri | On 15 Jun 2009

Development Challenges in Extremist Affected Areas

Widespread discontent among the people has plagued the Indian polity for sometime now. It has often led to unrest, sometimes of a violent nature. Over the years, statutory enactments and institutional...

by Expert Group Planning Commission | On 06 Jun 2009

An Assessment of the Impacts of Floods on Sanitation in Rural Bangladesh

Bangladesh faces multiple challenges in the sanitation, hygiene and water sector. This study aims to review the damage to sanitation facilities during floods. It also explored the possibilities of ove...

by Shamim Ahmed | On 03 Jun 2009

Women’s Work in the Post Reform Period: An Exploration of Macro Data

An important aspect that is often highlighted in the context of economic reforms, is the translation of labour market changes into defining or redefining gender relations and empowerment of women. In...

by Neetha N | On 03 Jun 2009

Large Farmers In The Lease Market : How and Why Do They Enter the Market? Are Marginal Farmers Affected in the Process?

The paper revolves around the necessity to rid the large tenant of the lease market in the interest of the poor peasant, who yearns to lease-in a piece of land. The notion that the petty peasant is o...

by C. S Murty | On 02 Jun 2009

Risk Management Lessons from the Global Financial Crisis

During the global financial turmoil of 2007 and 2008, no major derivative clearing house in the world encountered distress while many banks were pushed to the brink and beyond. An important reason for...

by Jayanth R Varma | On 26 May 2009

Assessing Policy Choices For Managing SO2 Emisions From Indian Power Sector

The production, transportation and consumption of energy resources, especially of fossil fuels such as coal, oil and natural gas, generate negative environmental externalities including air pollution....

by Deepa Menon Choudhary | On 18 May 2009

India Labour Market Report 2008

This is the first Bi-annual India Labour Market Report, published by Adecco TISS Labour Market Research Initiatives. The exploration of emerging issues in Indian labour market through the ATLMRI disc...

by Bino Paul G.D | On 14 May 2009

An Arrested Virtuous Circle? Higher Education and High-Tech Industries in India

A brief but comprehensive overview of linkages between higher education and the high tech sector and study the major linkages in India is provided. It is found that the links outside of the labor ma...

by Rakesh Basant | On 08 May 2009

Promoting Sustainable Agriculture: Experiences from India and Canada

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

by Amita Shah | On 02 May 2009

China’s Socialist Market Economy: Lessons for Democratic Developing Countries

The paper’s focus is on successful Chinese policies that can be emulated by other countries to an extent (within certain bounds) which mentined in the article. The author is not trying to draw lesson...

by Arvind Virmani | On 22 Apr 2009

Essential Drugs in Government Healthcare: Emerging Model of Procurement and Supply

This paper details the procedures adopted by the Tamil Nadu Medical Services Corporation in procuring and supplying essential drugs to the government health care which is a positive measure in ensurin...

by Lalitha N | On 22 Apr 2009

Sri Lanka Budget 2009

2009 Budget speech

by Ministry of Finance and Planning Sri Lanka | On 20 Apr 2009

Where Are The Empty Thalis In Uttarakhand? : District Level Food Insecurity Analysis of Uttarakhand.

The primary focus of this paper is a remote sense mapping excercise to identify the food insecure parts in Uttarakhand, using official, secondary data. To mitigate the intrinsic weakness of such an ef...

by Ravi Chopra | On 05 Mar 2009

Trade in Energy Services: GATS and India

India’s opportunities and constraints to trade in energy services within the GATS framework are examined. The study found that India has the capability of exporting high-skilled manpower at competit...

by Arpita Mukherjee | On 25 Feb 2009

Impact of the Global Financial Crisis on India Collateral Damage and Response

The impact of economic crisis on India has been analysed in the speech. [Speech delivered at the Symposium on 'The Global Economic Crisis and Challenges for the Asian Economy in a Changing World'].

by Duvvuri Subbarao | On 24 Feb 2009

Andhra Pradesh Budget Speech 2009-10

Speech of Sri K. Rosaiah

by Government Andhra Pradesh | On 23 Feb 2009

Kerala Budget Speech 2009-10

Budget speech by finance minister Dr. Thomas Issac

by Government of Kerala Govt | On 23 Feb 2009

Conflict in Cross Border Mergers: Effect of Firm and Market Size

This paper tries to analyze the interrelationship between possibilities of conflict in cross border mergers and acquisitions and firm and market characteristics in a two country three firm model. Th...

by Poonam Mehra | On 14 Jan 2009

Through a Glass Darkly: Deciphering the Impact of Oil Price Shocks

In order to examine if the impact of oil price shocks depends on the structure of an economy, a vertical (VSC) and a horizontal (HSC) long-run supply curve identification are successively imposed on a...

by Ashima Goyal | On 05 Jan 2009

Interactive Food and Beverage Marketing: Targeting Children and Youth in the Digital Age

The paper discusses the poor health statistics for children in the age group of 11-19. The main reasons for deteriorating health are identified as reduction in cost of food products, lack of physical...

by Jeff Chester | On 22 Dec 2008

The Global Financial Turmoil and Challenges for the Indian Economy

Perspective on the current global turmoil, its impact on India, the outlook for the Indian economy and the challenges that lie ahead for the Indian banking system, in particular. [Speech delivered at...

by D Subbarao | On 19 Dec 2008

Inda's Pharmaceutical Industry on Course for Globalisation

The pharmaceutical industry is expanding worldwide. For some years now, it has been benefiting from the particular dynamics of the Asian economies as both purchasers and producers. It is not only the...

by Uwe Perlitz | On 12 Dec 2008

Contemporary International and Domestic Banking Developments and the Emerging Challenges

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

by Leeladhar V | On 25 Nov 2008

Development of Corrugated Fiber Board Cartons for Long Distance Transport of Tomato in India

Tomotaoes which are produced in Gujarat, north west India are small, so the growers were not organized enough to raise funds to sponsor research at public R&D institutions in the area. That task was t...

by Girja Sharan | On 25 Nov 2008

Semi-Feudalism and Perpetual Indebtedness

The implications of removing some of the restrictive assumptions of a model of semi-feudalism formulated by A.Bhaduri are examined. [WP no. 16].

by N. Krishnaji | On 10 Nov 2008

Agflation and the PDS: Some Issues

In the context of the current public policy focus on rising food prices and their implications for food security, this paper examines two major issues raised: (i) Universalization of the public distri...

by Suryanarayana M H | On 04 Nov 2008

The Role of Intellectual Property Rights in Information and Communication Technologies

The paper starts by recapitulating the basic arguments provided by economic theory to explain the existence of the patent system. The paper then concentrates on the three important ICT industries viz....

by C Niranjan Rao | On 30 Oct 2008

Hobbes, Coase and Baliraja: Equity and Equality in Surface Water Distribution

It is attempted to understand the implications of equality in water distribution on social welfare with a simple abstract analysis using Leontief-type fixed production function.

by Sashi Sivramakrishna | On 16 Oct 2008

Having Customers Share The Perception Of Quality Assessments On The French Wine Market

The wine market is a pretty paradoxical research object for the economical and marketing studies. In France alone, every year, hundreds of thousands of new brand differentiated products are marketed....

by Geneviève Teil | On 15 Oct 2008

Lessons from the Global Financial Crisis with special reference to Emerging Market Economies and India

Each day, there is news of the crisis spreading to a newer part of the world or to a newer institution. What we are going through is an unprecedented crisis; and we will be failing the world if we do...

by Duvvuri Subbarao | On 15 Oct 2008

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

Aspirations, Segregation and Occupational Choice

This paper examines steady states of an overlapping generations economy with a given distribution of household locations over a one-dimensional interval. Parents decide whether or not to educate the...

by Dilip Mookherjee | On 06 Oct 2008

Consultation Paper on Media Ownership

The objective of the paperis to obtain the inputs of stakeholders and to generate a discussion on the appropriate policy relating to cross media and ownership restrictions in India. The comments of al...

by Telecom Regulatory Authority of India TRAI | On 03 Oct 2008

Agriculture and NAMA Negotiations: Searching for the Landing Zone.

This Centad working paper takes a critical look at the Hong Kong Ministerial text on agriculture and NAMA. On the basis of this analysis, the paper suggests specific and important negotiating points f...

by Prabhash Ranjan | On 30 Sep 2008

A New Era of World Hunger?- The Global Food Crisis Analyzed

This paper is an account of the main streams discussed in an international conference, held in New York in April 2008, organized by the Friedrich Ebert Foundation and Global Policy Forum, which cons...

by James A. Paul | On 24 Sep 2008

The Natural Interest Rate in Emerging Markets

An optimizing model of a small open emerging market economy (SOEME) with dualistic labour markets and two types of consumers, is used to derive the natural interest rate, terms of trade and potentia...

by Ashima Goyal | On 24 Sep 2008

Impact of Organized Retailing on the Unorganized Sector

The study has indicated how consumers and farmers benefit from organized retailers. The study has also examined the impact on intermediaries and manufacturers. The results are indicative of the mega-a...

by Mathew Joseph | On 23 Sep 2008

How Participatory is Participatory Irrigation Management (PIM)? A Study of Water User Associations (WUAs) in Andhra Pradesh

It is argued that the reason for the ills of irrigation management is the alienation of farmers from the process of planning and implementation. Often 'lack of political will' is identified as the ma...

by V. Ratna Reddy | On 23 Sep 2008

From Slash-and-Burn to Sustainability – A Study from the Chittagong Hill Tracts of Bangladesh

because their traditional ‘slash and burn’ agriculture is becoming increasingly unsustainable. Farmers in these communities have to farm more intensively and this is causing a whole host of environm...

by M. A. Monayem Miah | On 19 Sep 2008

Educational Attainment of Youth and Implications forIndian Labour Market: An Exploration through Data

The link between education and labour market has a profound intellectual lineage, spanning across schools. An integrating view shared by these perspectives is the significance of education as a pivo...

by G.D Bino Paul | On 10 Sep 2008

Liberalisation of Tropical Commodity Market and Adding-Up Problem: A Bound Test Approach

The paper examines the effect of commodity market liberalisation on developing countries by taking the case of tropical products. This issue assumes importance in the context of developing countries c...

by Dhanya V | On 18 Aug 2008

Impact of Proposed Commodity Transaction Tax

The relationship between trading activity, volatility and transaction cost using a three-equation structural model for five top selected commodities namely Gold, Copper, Petroleum Crude, Soya Oil and...

by Pravakar Sahoo | On 07 Aug 2008

Distress Debt and Suicides among Agrarian Households: Findings from Three Villages in Kerala

The factors and process underlying agrarian distress in Kerala by undertaking the case studies of three villages situated in Wayanad and Idukki districts namely, Cherumad, Kappikkunnu and Upputhara. T...

by K.N. Nair | On 31 Jul 2008

Andhra Pradesh State Policy on Organic Farming

The objectives of the policy on organic farming, the strategies of the policy are explained here.

by Centre for Sustainable Agriculture CSA | On 26 Jul 2008

Drug Development for Maternal Health Cannot Be Left to the Whims of the Market

The development of drugs for maternal health cannot be constrained by market-driven needs. What is needed is a political will.

by PLoS Medicine | On 16 Jul 2008

Impact of Organic Farming on Economics of Sugarcane Cultivation in Maharashtra

The primary goal of this paper is to examine the impact of organic farming on economics of sugarcane cultivation in Maharashtra. The study is based on primary data collected from two districts coverin...

by Kshirsagar K G | On 14 Jul 2008

Foreign Entry and Domestic Welfare: Can “Market Discipline” be Excessive

For most developed countries, "opening up" of the economy has meant the reduction of non-prohibitive tariffs and the easing or abolition of quantitative restrictions. For manydeveloping countries and...

by Aditya Bhattacharjea | On 20 Jun 2008

Chairman’s Introduction to the Draft NAMA Modalities

The introduction of the Chairman to the Draft presented for discussion based upon the 2006 text and to move the negotiations forward by proposing specific outcomes, not rehearsing everyone’s position,...

by World Trade Organisation WTO | On 19 Jun 2008

Towards NAMA Modalities

Submitted to Trade Negotiations Committee in response to request of members for language of full modalities on non-agricultural market access (NAMA) negotiations. As a result of the failure of the neg...

by World Trade Organisation WTO | On 19 Jun 2008

Draft Modalities on Non-Agricultural Market Access

The revised text is the product of his bilateral and plurilateral consultations of the February meeting and builds on the July 2006 text “Towards NAMA modalities”, and the Hong Kong Ministerial Declar...

by World Trade Organisation WTO | On 19 Jun 2008

Draft Modalities for Non-Agricultural Market Access: Second Revision

The chair of the Non Agricultural Market Access (NAMA) negotiating group, ambassador Don Stephenson, released on 19 May 2008 the revised draft negotiating text to focus further discussions towards mod...

by World Trade Organisation WTO | On 19 Jun 2008

Draft Report of the Committee on financial Sector Reforms

The financial sector has built capabilities such that, with appropriate policy changes, it can grow tremendously, both domestically and internationally. the report touches upon two reasons for financi...

by Raghuram G. Rajan | On 14 Apr 2008

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

Consultation Paper on Policy Guidelines for Television Audience Measurement (TAM)/ Television Rating Points (TRP)

Reliability of audience measurement reports both from the perspective of viewers and competitive relations between broadcasters have been of concern to the Regulators in most countries. Internationall...

by Telecom Regulatory Authority of India TRAI | On 01 Apr 2008

Tamil Nadu Budget 2008-09

Speech of Prof. K. Anbazhagan, Minister for Finance, Government of Tamil Nadu, presenting the Budget for 2008-2009 to the Legislative Assembly on 20th March, 2008.

by Tamil Nadu Government | On 25 Mar 2008

ICT and Employment Promotion Among Poor Women: How Can We Make It Happen? Some Reflections On Kerala's Experience

This paper deals with the integration of gender in policies relating to information and communication technology to empower socially excluded poor women as producers of this technology. In this contex...

by Mohanan Pillai P | On 25 Mar 2008

Maharashtra Budget 2008-09 Part II

Part II of the budget presented by finance minister of Maharashtra 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

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

Emerging Poverty Scenario: Alternative Development Paradigm for Poverty Elimination

This paper argues that at the present juncture in India’s development the window of poverty elimination provides the appropriate perspective to search for an alternative development paradigm. The alte...

by V.M. Rao | On 13 Mar 2008

Madhya Pradesh Budget Highlights 2008-09

The Finance Minister Shri Raghavji presented the budget for the year 2008-09, with a budgetary deficit of Rs 91.43 crore.

by Madhya Pradesh Government | On 13 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

Testing the Stability of Beta Over Market Phases: An empirical study

The capital asset pricing model (CAPM) is the standard risk-return model used by most academicians and practitioners. The underlying concept of CAPM is that investors are rewarded for only that porti...

by Sromon Das | On 06 Mar 2008

Union Budget 2008-09: A Bag of Tricks to Get the Vote

The budget is an election budget. There are lots of sectors which needs more attention. Many questions are raised at the end of the document which the government may fail to answer

by Arun Kumar | On 04 Mar 2008

Playing in Invisible Markets: Toilet Innovations and Empowerment

Sanitation is at the heart of not only environmental security but also food security and health. About 42,000 people die every week due to drinking water polluted with faecal matter. The problem is m...

by Shyama V. Ramani | On 03 Mar 2008

WTO & US: A political mix challenging the health concerns of Indian farmers

The World Trade Organization being an international regulatory body remains a key organization that can exert a huge influence on international agricultural trade as well as on national trade policies...

by Upendra Bhojani | On 27 Feb 2008

Current Issues in Agriculture Credit in India: An Assessment

This paper attempts to analyse the issues in agricultural credit in India. The analysis reveals that the credit delivery to the agriculture sector continues to be inadequate. It appears that the banki...

by Ramesh Golait | On 22 Feb 2008

Competitiveness of India's Manufacturing Sector: An Assessment of Related Issues

An analysis of the various parameters of manufacturing competitiveness of the Indian economy is provided. The paper notes that India is one of the leading producers and exporters of a number of commod...

by Lakshmanan L | On 19 Feb 2008

Estimating the Economic Benefits of Arsenic Removal in India: A Case Study from West Bengal

People living in almost fifty percent of the districts in West Bengal are exposed to arsenic contaminated water. The economic costs imposed by arsenic-related health problems are estimated. Data from...

by Joyashree Roy | On 08 Feb 2008

Union-Oligopoly Bargaining and Entry Deterrence:A Reassessment of Limit Pricing

This paper introduces wage bargaining in the framework of Milgrom and Roberts where the workers' reservation wage is the relevant information parameter critical for entry. The authors show that ent...

by Rupayan Pal | On 06 Feb 2008

Patents and Biopharmaceuticals in India: Emerging Issues

This paper highlights the status of the Indian biopharmaceutical industry and also makes a comparison with the global scenario. It also discusses the current situation regarding patenting biopharmaceu...

by Lalitha N | On 05 Feb 2008

Critical Issues Facing China’s Rubber Industry in the Era of Market Integration: An Analysis in Retrospect and Prospect

This paper discusses the emerging contradictions that may have serious implications for the sustainable growth and performance of China’s rubber industry in the era of internal restructuring and globa...

by Viswanathan P K | On 30 Jan 2008

Macro-economic Management of the Indian Economy: Capital Flows, Interest Rates and Inflation

The paper lays out a consistent frame work for monetary management in the context of excess capital inflows. There is an urgent need for developing competitive, open and well regulated markets for (...

by Arvind Virmani | On 24 Jan 2008

Review of Globalisation and Opening Markets in Developing Countries and Impact on National Firms and Public Governance: The and Impact on National Firms and Public Governance: The Case of India

Review of Globalisation and Opening Markets in Developing Countries and Impact on National Firms and Public Governance: The Case of India by Jean-Francois Huchet & Joel Ruet, Scientific Coordinators,...

by Lakshmanan L | On 19 Jan 2008

Management of the Capital Account in India: Some Perspectives

Management of capital accounts in the global context and in the Indian context. [Inaugural address delivered by Dr. Y. V. Reddy, Governor, Reserve Bank of India at the Annual Conference of the Indian...

by Y V Reddy | On 08 Jan 2008

Transgenics in Indian Agriculture: Experiences so far and implications of KIA proposals on Indian Farmers

KIA proposes to bring a paradigm shift in Indian Agriculture in terms of human resource development, research, technology generation, technology dissemination and commercialization. In the short run,...

by Ramanjaneyulu G V | On 05 Jan 2008

Equitable Society : A New Concern For Social Work

Trained Social Workers must be very well aware of Equitable Society philosophy and implementation programmes. They must find opportunity of working with extremely marginalized people.

by Manish Dwivedi | On 27 Dec 2007

Girls, Educational Equity and Mother Tongue-based Teaching

One of the principal mechanisms through which inequality is reproduced is language, specifically the language used as the medium of instruction. The learner’s mother tongue holds the key to making sc...

by Carol Benson | On 21 Dec 2007

Determinants of Choosing an Airline by a Traveller -An Analysis from New Zealand Perspective

The important determinants that have influence on travellers to choosing a particular airline are analysed. Data from primary and secondary sources have been used for this paper. A field survey was co...

by Ershad Ali | On 12 Dec 2007

Sovereign Wealth Funds: Policy Implications for India

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

by Mukul Asher | On 12 Dec 2007

The Growing Importance of Emerging Economies in the Globalised World and its Implications for the International Financial Architecture

The growing importance of India and other emerging economies in the globalized world are given in this lecture. This group of economies is not easy to define. However, some reflections on the implicat...

by Jean-Claude Trichet | On 30 Nov 2007

Fasten Your Seatbelts! Monetary Policy Challenges in Turbulent Times

One of the burning issues at the moment relates to increasing the “voice” or representation of emerging-market economies in international financial institutions such as the IMF and World Bank. There a...

by Mboweni T.T. | On 13 Nov 2007

Vaccine Policy in India

The success of an immunisation programme in any country depends more upon local realities and national policies. This is particularly true for a huge and diverse developing country such as India, with...

by Yennapu Madhavi | On 12 Nov 2007

Monetary Conditions Index for India

The authors attempt to construct a monetary conditions index (MCI) for India in order to take both interest rate and exchange rate channels simultaneously into consideration while evaluating the stanc...

by Kannan R | On 08 Nov 2007

Book Review: Managing Natural Resources: Civil Society Initiatives

Review of Community-based Natural Resource Management Issues and Cases from South Asia by Ajith Menon, Praveen Singh, Esha Shah, Sharachchandra Lele, Suhas Paranjape, K.J. Joy Sage Publications, New D...

by Santhakumar V | On 05 Nov 2007

Enhancing Rural Livelihoods

The Overseas Development Institute in the UK recently carried out a study on ICT for rural livelihoods, commissioned by InfoDev. The study included a literature and donor review in collaboration with...

by Paul Matthews | On 26 Oct 2007

Non Deliverable Foreign Exchange Forward Market: An Overview

Recognising the growing activity in the non deliverable forward (NDF) market in the recent years, the paper attempts to present a detailed analysis of the NDF market with special focus on Indian rupee...

by Sangita Misra | On 22 Oct 2007

Recent Financial Market Developments and Implications for Monetary Policy

The nature of the financial turbulence that happened recently in US and Europe, why it happened, where it happened, and the implications for central banks. Some of the forces that led up to and charac...

by Rakesh Mohan | On 12 Oct 2007

Inter-firm differences in FII portfolio investment in India

This paper has the objective of analysing the determinants of FII investment in firms in high-tech corporate sectors like automobiles, drugs and pharmaceuticals, IT software and IT hardware for the pe...

by B.L. Pandit | On 08 Oct 2007

Inititaing Public Debate on Reforms in Higher Education

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

by Sam Pitroda | On 05 Oct 2007

Marketing of Bt Cotton in India: Aggressive, Unscrupulous and False….

The paper examines the prevailing situation of Bt cotton marketing in India. It tells a story of how aggressive and unethical marketing practices are adopted for luring faemers into the Bt cotton trap...

by Centre for Sustainable Agriculture CSA | On 04 Oct 2007

Groundwater Management and Ownership: Report of Expert Group

It is time India recognises its dependency on groundwater resources, which is only going to increase in the coming years, partly because of growing urbanisation and industrialisation. In view of the g...

by Kirit Parikh | On 03 Oct 2007

What Can Economists Explain by Taking into Account People’s Perceptions of Fairness: Punishing Cheats, Bargaining Impasse, and Self-Perpetuating Inequalities

Evidence abounds that individuals have preferences for being fairly treated and treating others fairly. These preferences do not affect economic outcomes in competitive markets with standardized prod...

by Karla Hoff | On 03 Oct 2007

The Reserve Bank and the State Governments: Partners in Progress

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

by Y V Reddy | On 26 Sep 2007

Missing the Bus

Government has done a lot for the development of textile industry. But India is not at all doing well in the international markets compared to countries like China and Bangladesh. Government has not d...

by T.N. Ninan | On 24 Sep 2007

Going ethical

Many companies have realized the need to talk of, and do something about, corporate social responsibility (CSR), but in many cases this is merely CPR: corporate public relations. The correct thing for...

by T.N. Ninan | On 17 Sep 2007

Volatality of Agricultural Prices – An Analysis of Major International and Domestic Markets

The price volatility of agricultural commodities assumes critical importance in the context of the ongoing debate regarding agricultural trade liberalisation in India. The arguments against agricultur...

by C S C Sekhar | On 12 Sep 2007

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

Price Incentives, Nonprice factors, and Crop Supply Response: The Indian Cash Crops

Agriculture as a source of growth was sorely neglected in the early development strategies of the currently developing countries. Realisation of this shortcoming prompted public policy in these countr...

by Sunil Kanwar | On 06 Sep 2007

Human Rights Violations Against Sexuality Minorities in India

This report is located in the twin contexts of the global movement for recognition of sexuality minority rights and the increasing assertiveness of sexuality minority voices at the local level. It exa...

by PUCL Karnataka | On 27 Aug 2007

Market Access: Unfinished Business: Post-Uruguay Round Inventory and Issues

This study has two closely related objectives: to evaluate post-Uruguay Round market access conditions and to contribute to a clarification of the stakes in the ongoing process of multilateral trade n...

by Marc Bacchetta. | On 27 Aug 2007

Sustainability of Indian Agriculture: Towards an Assessment

This paper presents a systemic framework to look at the prospects for sustainability of Indian agriculture. The framework is based on trends, indicators and assessment by experts spanning three domain...

by V.M. Rao | On 27 Aug 2007

Report of the Inter-ministerial Task Force on Convergence of Securities and Commodity Derivative Market

With the abolition of prohibition on forward trade in all the commodities at the beginning of 2003, the commodity derivativesmarket has been totally liberalized. The Ramamoorthy Committee set up by SE...

by Ministry for Consumer Affairs,Food and Public Dist MCAFP | On 26 Aug 2007

Can Horticulture be a Success Story for India?

In spite of being one of the largest producers of fruits and vegetables in the world, the export competitiveness among the Indian producers remains low. But with new marketing initiatives, the post-ha...

by Surabhi Mittal | On 24 Aug 2007

Essays: Monetary Policy: Satisfy China’s Demand for Money

A talk with Nobel economics laureate Robert Mundell on how Beijing can keep the yuan’s value fixed and still avoid inflation. China’s high balance of payments surplus and pressure on the yuan could be...

by Hugo Restall | On 04 Aug 2007

De-risking the System

The advent of political uncertainties has led to questions about poor governance which can lead to economic under performance.

by T.N. Ninan | On 31 Jul 2007

Women and Food Security in South Asia: Current Issues and Emerging Concerns

The educated and socially empowered Asian Woman is the key to improving the nutrition and mental acuity of young children and that improvement sets in motion lifelong prospects for heightened learning...

by Nira Ramachandran | On 24 Jul 2007

The Indian Currency Regime and its Consequences

Since 1993, India’s currency regime is said to be a managed float, a “market determined exchange rate” in the sense that there is a currency market and the exchange rate is not visibly administrativel...

by Ila Patnaik | On 10 Jul 2007

A Water Monetary Standard: An Economic Thesis

In emerging markets and economies with limited supplies of potable water, the current monetary policy governing water distribution has failed or will eventually fail. This paper offers an alternative...

by Michael P. Jackson | On 09 Jul 2007

Conceptualizing Economic Marginalization

What exactly is 'economic marginalization'? How should one conceptualize it, and what are the implications of such conceptualization? Economic marginalization can be conceptualized as outcome or as p...

by Ravi Kanbur | On 05 Jul 2007

Review of High-Tech Industries in China: RBI Occasional Papers

Review of High-Tech Industries in China by Chien-Hsun Chen and Hui- Tzu Shih. RBI Occasional Papers, Vol. 27, No. 1 and 2, Summer and Monsoon 2006.

by Brijesh Pazhayathodi | On 05 Jul 2007

Reflections on Global Account Imbalances and Emerging Markets Reserve Accumulation

The lecture focuses on some implications -- both positive and normative -- of the most surprising development in the international financial system over the last half dozen years. That development is...

by Lawrence H. Summers | On 05 Jul 2007

The Changing Face of Occupational Medicine

Work related accidents are a major cause of death and disability. Occupational health is not a minority interest but one that must involve all of society. One important industry where the consumers e...

by PLoS Medicine | On 03 Jul 2007

Does the Market Matter? Economic History of an Indian Region in a Euro-Centric View

The 18th Century Deccan was a highly commercialised, market driven society, quite unlike the descriptions of "traditional" Indian societies in the literature. In many ways, this society was similar to...

by Neeraj Hatekar | On 27 Jun 2007

Industrial Clusters in India: Perspectives and Issues for Research

Considering the Indian context as the basis of enquiry into industrial clustering three important issues that largely determine the performance and strategy of firms to survive compete and grow are id...

by Keshab Das | On 27 Jun 2007

Impact of U.S. Federal Interest Rate and Movement of MSCI on Indian Capital Markets

The relationship between Indian macro-economic factors and economic growth has been analyzed by a number of empirical studies. This paper re-examines the sources of variability in the Indian economy f...

by Bharat Chadha | On 26 Jun 2007

Agrarian Scenario in Post-reform India:A Story of Distress, Despair and Death

Indian agriculture today is under a large crisis. An average farmer- household’s returns from cultivation would be around one thousand rupees per month. The state of the vast majority of small and mar...

by Srijit Mishra | On 22 Jun 2007

The Challenges of Financial Liberalisation for Emerging Market Economies

In this speech to the staff of the Reserve Bank of India delivered on May 14, 2007 at the RBI, Central Office, Mumbai, the author offers some comments on the challenges posed by financial liberalisati...

by Christian Noyer | On 13 Jun 2007

Productivity of Rural Credit: A Review of Issues and Some Recent Literature

It is argued that Indian agriculture is undergoing fundamental change wherein the technology and inputs are moving out of the hands of the farmers to external suppliers. This, over a period of time ma...

by M S Sriram | On 13 Jun 2007

Economic Reforms And Entry Barriers In Indian Manufacturing

Analysis is made to the extent of barriers to entry in Indian manufacturing by empirically quantifying the height of these barriers. Econometric estimation of the height of the barriers for 1991 and 1...

by M Suresh Babu | On 28 May 2007

Ensuring Adequate Flexibility through Special Products: A Case Study of India

Stalemate in agricultural negotiations at the WTO has persisted with a continued lack of convergence on most important issues of trade-distorting domestic support, market access and related flex...

by Linu Mathew Philip | On 08 May 2007

Common Property Resources as Development Drivers: A Study of Fruit Cooperative in Himachal Pradesh: India

This study investigates the role of common property resources as a source of sustainable income in the context of opportunities created by economic development. Commercialization of the common can inc...

by Purnamita Dasgupta | On 27 Mar 2007

Rural Non-Farm Employment in India: Access, Income, Farm, Poverty Impact

Attention has been paid to the significance of the non-farm sector in the rural Indian economy since the early 1970s. The importance of earnings from secondary non-farm occupations is not well documen...

by Peter Lanjouw | On 23 Mar 2007

Groundwater Irrigation in North India: Institutions and Markets

This paper analyzes the institutions and markets that govern groundwater allocation in the sugarcane belt of Uttar Pradesh, India, using primary, plot-level data from a village which shares the typica...

by Banerji A | On 21 Mar 2007

Supply Reponse Of Indian Farmers In Pre And Post Reform Periods: A Dynamic Panel Data Approach

Supply response to price changes is likely to increase with the increasing liberalization of the agricultural sector. Past studies revealed weak supply response for Indian agriculture. There are no r...

by Mythili G | On 19 Mar 2007

Wheat Marketing and its Efficiency in India

The study examines the marketing of wheat in India, focusing on the private marketing system, the marketing efficiency and quality. Wheat is now a major food staple in India, crucial to India’s food e...

by Vasant P Gandhi | On 14 Mar 2007

WTO Agreements and Indian Agriculture: Retrospection and Prospects

By the end of 1999 World Trade Organization (WTO) will complete its five years of existence. At that time, re-negotiation on Agreement on Agriculture (AOA) will also begin. It is time to take a retros...

by Satish Y Deodhar | On 14 Mar 2007

Consuming Lives, Consuming Landscapes:Interpreting Advertisements For Cafédirect Coffees

This paper explores the marketing strategies of Cafédirect, a company that pays a guaranteed price for coffee to Latin American and African producers and sells it to UK consumers. Based on a visual a...

by Caroline Wright | On 12 Mar 2007

Editorial: Outlays Only, Not Outcomes?

The Budget does not sufficiently recognize the need for re-balancing the role of the state and the market, and of the public and the private sectors for managing increasingly complex economic and stra...

by Mukul Asher | On 07 Mar 2007

Outlays Only, Not Outcomes?

The Budget does not sufficiently recognize the need for re-balancing the role of the state and the market, and of the public and the private sectors for managing increasingly complex economic and stra...

by Mukul Asher | On 07 Mar 2007

Suicides by Cotton Farmers in Andhra Pradesh

The paper disuses and analyzes the condition of cotton farmers of Andra Pradesh and the reasons for their committing suicides.

by Reji K Joseph | On 05 Mar 2007

Public Expenditure on Education : A Review of Selected Issues and Evidence

The role of education in economic development has been recognised for quite some time in mainstream economic literature. Divergence between the private and social rate of return from education is th...

by Anit Mukherjee | On 02 Mar 2007

Do We Have to Change Amidst ‘Changing Times’?

The ‘market’ – mostly referred to by the broad term ‘changing times’ – has increasingly been allowed to pervade humanity’s profoundest pillars, namely, objective reasoning, rationality, sensibilities...

by Arup Maharatna | On 14 Feb 2007

Natural Resource Conservation, Use and Sustainability in Drylands

This keynote address of the conference on Natural Resource Conservation Use and Sustainability in Drylands, focuses mainly on some new concepts of resource assessments in dry areas, some recent debate...

by Yoginder Alagh | On 30 Jan 2007

A Review of Cross-Country Experience in Capital Account Liberalisation

The paper reviews the experience of select countries - both advanced and emerging markets - in regard to capital account liberalisation (CAL). The advanced countries' experience with regard to CAL is...

by Mohua Roy | On 10 Jan 2007

Food Retailing, Supermarkets and Food Security: Highlights from Latin America

The importance of supermarkets in the world food economy has increased radically since the early 1990s. They are now major sellers and buyers of food items not only in developed but also in developin...

by Mehmet Arda | On 27 Dec 2006

Unbound Savagery: Brutal Repression of Farmers by UP Police

This report brings out again sharply the perennial question, which the poor in the country are asking – Development for Whom? A big business company has been allotted land disproportionate to the requ...

by People's Union of Civil Liberties PUCL | On 26 Dec 2006

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

Interlinked Agrarian Credit Markets in a Developing Economy: A Case Study of Indian Punjab

This paper attempts to analyse the various aspects of informal rural credit market of which interlinked contracts occupy the central place. In particular, the nature and extent of interlinked credit...

by Anita Gill | On 22 Dec 2006

Economic Development in a Changing Globalised Economy: The Case of Developing Countries

In the context of the changing economic environment, this analysis is of particular relevance to Third World countries, who are currently being asked and/or actively encouraged to implement the "globa...

by Mozammel Huq | On 22 Dec 2006

The Age of Milton Friedman

Milton Friedman`s place in the world of economics is well assured not only because of his concepts and theorems but also due to his demonstration that free market can be an instrument of social justic...

by Deena Khatkhate | On 01 Dec 2006

Recent Developments in China's Labour Economy

This report examines Chinese labour market developments since 1990. The purpose of the report is to to review major shifts, to highlight important interactions between labour and other aspects of Chin...

by Thomas Rawski | On 23 Nov 2006

Availability and Price Management of Drugs and Pharmaceuticals

The Committee’s present examination of ‘Availability and Price Management of Drugs and Pharmaceuticals’ is with the objective of making available quality medicines at affordable prices to the masses....

by Ministry of Chemicals and Fertilisers, Government | On 21 Nov 2006

Monetary Regionalism in Asia Revisited

Given the divergence in economic and institutional structures in the region, any attempt to create a common currency absent macroeconomic policy coordination and mechanism for automatic intra-regional...

by Ramkishen S. Rajan | On 30 Oct 2006

PAER Issue No. 39, October 2006

* The Future of Economic Policy Making by Left-of-Center Governments in Latin America by Juan Carlos Moreno-Brid and Igor Paunovic (United Nations, Mexico) * Latin America: The End of an Era b...

by Post-Autistic Economics Movement | On 02 Oct 2006

Women's Equality in Transition: North of Ireland's Equality Legislation

Intersectional analysis is required if the approach to women’s equality in Northern Ireland/ the North of Ireland is to benefit the most marginalized women and thereby improve the prospects of build...

by Eilish Rooney | On 29 Aug 2006

Horizons of New Industrial Jurisprudence: A Critique of the Law and Reality

The day has arrived when the legislative machinery of the State needs to respond to the industrial and market forces. There are clear signals coming from the judiciary, which now seems to be less acti...

by Durgambini A. Patel | On 17 Aug 2006

Report of the Sardar Sarovar Project Relief and Rehabilitation Oversight Group on the Status of Rehabilitation of Project-affected Families in Madhya Pradesh

In the light of the observations of the Supreme Court in its order dated 17th April 2006, the Prime Minister constituted the Sardar Sarovar Project Relief & Rehabilitation Oversight Group. The manda...

by V.K. Shunglu | On 28 Jul 2006

A Century of Work and Leisure

Has leisure increased over the last century? Standard measures of hours worked suggest that it has. In this paper, we develop a comprehensive measure of non-leisure hours that includes market work, ho...

by Valerie Ramey | On 06 Jun 2006

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

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

by Mukul Asher | On 17 Apr 2006

American housing market: a source of relief or weakness?

In late March the release of data on sale of new homes in the US showed that it had dropped 10 per cent, the biggest drop in nine years. In the immediate aftermath of this report, the US currency gav...

by V. Anantha Nageswaran | On 07 Apr 2006

An Emerging Knowledge Economy and a Stagnating Agrarian Economy: Contradictions in Andhra Pradesh under Globalization

This paper presents some features of the contradictions in Andhra Pradesh’s economy today: the fast growth of IT and other technology-intensive industries in Hyderabad, and the alarming levels of dist...

by Jayan Jose Thomas | On 30 Mar 2006

Hunger and Health: Addressing Urgent Issues

This statement following a workshop on ‘Hunger and Health: An Interdisciplinary Dialogue attended by a cross-section of India’s nutritional scientists, health professionals, public health specialists,...

by Workshop on Hunger and Health Interdisciplinary Dialogue | On 13 Mar 2006

What’s So Special about China’s Exports?

Much more than comparative advantage and free markets have been at play in shaping China's export success. Government policies have helped nurture domestic capabilities in consumer electronics and oth...

by Dani Rodrik | On 04 Mar 2006

Economic Survey 2005-06, Chapter 4

Securities Markets

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

Discussion Note: Draft National Pharmaceutical Policy 2006

A note on the long-awaited Draft National Pharmaceutical Policy 2006. The Policy appears to have taken into consideration consumer needs, paying respect to rational therapeutics. A closer examinati...

by All-India Drug Action Network (AIDAN) | On 28 Jan 2006

Macroeconomic and Monetary Developments: Third Quarter Review 2005-06

Contents I. The Real Economy -- 1 Agricultural Situation Industrial Performance Business Expectations Surveys Services Sector II. Fiscal Situation 14 Combined Government Fi...

by Reserve Bank of India | On 25 Jan 2006

The Mystery of China’s Sinking Stocks

The article exposes the shortcomings of China’s stock markets and examines the failed attempts by the government to introduce meaningful stock-market reform. China has largely avoided major policy blu...

by Weijian Shan | On 07 Jan 2006

Tariff Negotiations in NAMA and South Asia: July Agreement and Beyond

As developing countries including those from South Asia, rally forces and evaluate options ahead of the Hong Kong Ministerial meeting in December 2005, Non Agricultural Market Access (NAMA) assumes im...

by Prabash Ranjan | On 29 Nov 2005

Asian Reserves and the Dollar: Is Gradual Adjustment Possible?

Large dollar reserves in Asian EMEs accompany large U.S. fiscal and current account deficits. Analysis of strategic sales by Asian EMEs suggests that an attack on the dollar is not certain but is poss...

by Ashima Goyal | On 21 Nov 2005

Contract Farming for Agricultural Development:Review of Theory and Practice with Special Reference to India

The present paper examines contract farming and its situation in India on the basis of nature of contracts, nature of contract growers, practice and implementation of contract farming and techniques,...

by Sukhpal Singh | On 11 Nov 2005

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

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

by Mukul Asher | On 08 Nov 2005

Peasant Movement in South Maharashtra: Not only 'Issue based' Anymore

The February agitation of farmers and the drought affected of rural South Maharashtra, in the form of a two-day ‘sit in’ last in Mumbai led to ministerial-level negotiations and several important deci...

by Anant Phadke | On 04 Oct 2005

Market, Media And Mediocrity

Ignoring historical arguments on issues such as market, political economy, capital, and labour has great potential danger. The currently pervasive connotation of ‘liberalisation’ to mean virtually onl...

by Arup Maharatna | On 12 Sep 2005

NAC Concept Paper-A Note On Agriculture And Irrigation

This note highlights the main issues and outlines the proposed action plan in respect of the following five major areas in Agriculture and Irrigation: (1) Augmentation of water resources for irrigati...

by C.H. Hanumantha Rao | On 09 Sep 2005

Market, Media, and Mediocrity

by Arup Maharatna | On 06 Sep 2005

Turning A Blind Eye: Costly Enforcement, Credible Commitment And Minimum Wage

In many countries, the authorities turn a blind eye to minimum wage laws that they have themselves passed. But if they are not going to enforce a minimum wage, why have one? Or if a high minimum wage...

by Arnab K. Basu | On 01 Sep 2005

Survey Of Research In Industrial Sociology (1987-2002)

This paper attempts to assess the research done in the field of industrial sociology during the period 1987 and 2002. Only published work have been noted. The review does not cover unpublished M. Phil...

by Sharit Bhowmik | On 01 Sep 2005

Addressing Inequity In Indian Healthcare System: A New Financing Strategy

Countries that have universal or near universal access to healthcare have health financing mechanisms which are single-payer systems in which either a single autonomous public agency or a few coordina...

by Ravi Duggal | On 24 Aug 2005

Constraints On Women Entrepreneurship Development In Kerala: An Analysis Of Familial, Social, And Psychological Dimensions

Irrespective of special incentives offered by the state, women enterprises encounter several problems. Often, women are merely fronts for men to obtain concessional credit, subsidies, and other ince...

by Nirmala D'Cruz | On 13 Aug 2005

Pharmaceutical Policy, 2002

Pharmaceutical Policy of 2002 covering issues of pricing, ,marketing, size of market, quality, production, investment, regulatory authority, monitoring, ethical issues

by Anonymous | On 10 Aug 2005

Modifications in Drug Policy 1986

Modifications to Drug Policy 1986

by Anonymous | On 10 Aug 2005

Drug Policy 1986

Drug Policy of 1986

by | On 10 Aug 2005

Pharma Pricing in India : A failure of the Market(s)?

In economic literature, market failure is said to occur when inter alia under the following conditions. 1) When adequate competition does not exist. 2) Buyers and sellers are not well informed. Withou...

by S Srinivasan | On 10 Aug 2005

Gender, Caste, Class, and Health Care Access

The research discussed in the report revisits the notion of access to health care in Koppal, an economically disadvantaged district in northern Karnataka. This issue is important to households experie...

by Aditi Iyer | On 08 Aug 2005

The IMF in a World of Private Capital Markets

The IMF attempts to stabilize private capital flows to emerging markets by providing public monitoring and emergency finance. In analyzing its role we contrast cases where banks and bondholders do the...

by Barry Eichengreen | On 05 Aug 2005

From Governments To Markets: Funding Urban Infrastructure

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

by Abhay Pethe | On 05 Aug 2005

Co-operatives and the Emancipation of the Marginalized: Case Studies from Two Cities in India

This paper discusses the role of co-operatives are one of the means of emancipation of the marginalised sections of the working class. It begins with a brief outline on the industrial situation in Ind...

by Sharit Bhowmik | On 30 Mar 2005