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Model Nagar Raj Bill: Taking Democracy to the Grassroots

Participation of citizen in local governance is a key component for good governance. It extends the citizens’ role beyond that of a voter . It ensures a more equal distribution of power and resources...

by Kedar Diwan | On 21 Feb 2021

eSS Sunday Edit: Waiting for a Vaccine! Fault lines in Medical Science and Governance Exposed

People’s ability to respond to this crisis is coloured by class, caste, gender and religion and the government’s failure to respond adequately to the needs of its citizens, exposing the ugly underside...

by Ravi Duggal | On 26 Oct 2020

Impact of Covid-19 on the Indian Economy: An Analysis of Fiscal Scenarios

Amidst the economic slowdown triggered by the outbreak of the Covid-19 pandemic in India there have been many demands for the government to announce a large fiscal stimulus to support the economy. E...

by Ila Patnaik | On 08 Oct 2020

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

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

by T.N. Ninan | On 27 Jul 2020

Containment Strategies and Support for Vulnerable Households

Policymakers across the developing world are facing the need to make rapid decisions on their COVID-19 response with little available data or guidance. Policies that help deal with the economic cri...

by Jonathan Leape | On 18 May 2020

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

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

by Ashima Goyal | On 14 May 2020

Emerging Markets Perspectives on G-20 led Financial Reforms

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

by Ashima Goyal | On 25 Apr 2019

When do regulatory interventions work?

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

by Nidhi Aggarwal | On 25 Apr 2019

Macroprudential Policy in Asian Economies

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

by Soyoung Kim | On 23 Apr 2019

Inter-Governmental Fiscal Transfers in the Presence of Revenue Uncertainty: The Case of Goods and Services Tax (GST) in India

A comprehensive multistage Value Added Tax (VAT) system, viz., Goods and Services Tax (GST), is introduced in India since 1 July 2017. GST encompasses various taxes from Union and State indirect tax b...

by Sacchidananda Mukherjee | On 02 Apr 2019

The Political Economy of Gender Budgeting: Empirical Evidence from India

Gender budgeting is a public policy innovation to transform the gender commitments into budgetary commitments. The political economy process of gender budgeting in India has encompassed four distinct...

by Lekha Chakraborty | On 02 Apr 2019

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

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

by Farhad Taghizadeh-Hesary | On 01 Apr 2019

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

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

by Hongyi Chen | On 01 Apr 2019

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

Environmental Governance and Environmental Performance

Along with the continuous development of the global economy, environmental deterioration has been widely recognized as a pressing issue nowadays, bringing environmental governance to the forefront of...

by Chun-Ping Chang | On 28 Mar 2019

Sri Lanka’s Macroeconomic Challenges: A Tale of Two Deficits

The paper provides a narrative of Sri Lanka’s history of twin deficits, examines macroeconomic performance from the lens of twin deficits, and discusses the policies adopted to address macroeconomic i...

by Dushni Weerakoon | On 28 Mar 2019

Determinants and Impacts of Financial Literacy in the Lao PD

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

by Peter J. Morgan | On 12 Mar 2019

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

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

by Roy Bahl | On 07 Mar 2019

Improving Subnational Government Development Finance in Emerging and Developing Economies: Towards a Strategic Approach

This paper reviews the rationale and potential for improving subnational development finance, outlines the overall landscape of institutional arrangements available for this purpose, and considers bro...

by Paul Smoke | On 18 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

The Anomaly of Women’s Work and Education in India

This paper utilizes a large cross-section of data sets such as the ILOSTAT, NSSO Quinquennial Employment and Unemployment Survey, Labour Bureau Annual Employment and Unemployment Survey, National Fami...

by Surbhi Ghai | On 03 Feb 2019

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

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

by P.L. Beena | On 31 Jan 2019

Enlargement Decisions of Regional Trading Blocs with Asymmetric Members

This paper analyzes the conditions under which an existing bilateral free trade area (FTA) prefers to expand in size and when it prefers consolidation through customs union (CU) formation when the exi...

by Sunandan Ghosh | On 31 Jan 2019

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

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

by Ila Patnaik | On 23 Jan 2019

Impact of Intergovernmental Fiscal Transfers on Gender Equality in India: An Empirical Analysis

Intergovernmental fiscal transfers (IGFT) are, in theory, neither good nor bad for tackling gender inequalities. Fiscal federalism with asymmetry in revenue and expenditure assignments inevitably lead...

by Janet G. Stotsky | On 14 Jan 2019

Data Localisation in India: Questioning the Means and Ends

This paper classifies the arguments around data localisation into three broad categories - the civil liberties perspective; the government functions perspective and the economic perspective. It examin...

by Rishab Bailey | On 12 Jan 2019

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

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

by Amandeep Kaur | On 11 Jan 2019

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

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

by Ranjan Kumar Mohanty | On 11 Jan 2019

Investment in Research and Development for Basmati Rice in Pakistan

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

by Asian Development Bank Institute | On 13 Dec 2018

Insights from Behavioral Economics on Current Policy Issues

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

by Ashima Goyal | On 29 Oct 2018

Do Local Currency Bond Markets Enhance Financial Stability?

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

by Donghyun Park | On 26 Oct 2018

Skewed Credit and Growth Dynamics after the Global Financial Crisis

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

by Gemma Estrada | On 19 Oct 2018

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

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

by Asian Bank | On 09 Oct 2018

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

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

by Dean Karlan | On 04 Oct 2018

An Assessment of the Fiscal Features of the PDP Laban Model of Philippine Federalism 1.0 and the Gonzales-De Vera Federal Model

The paper highlights the importance of the design of the fiscal features of the federal system of government in ensuring that the potential benefits from its adoption are realized. The economic litera...

by Rosario G. Manasan | On 03 Oct 2018

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

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

by Yoko Oishi | On 01 Oct 2018

Infrastructure Financing in South Asia

This paper discusses public and private sector financing of infrastructure, and examines the factors driving infrastructure investment in this subregion. Using a panel of three large South Asian count...

by Shikha Jha | On 26 Sep 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

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

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

Evaluating India's Exchange Rate Regime Under Global Shocks

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

by Ashima Goyal | On 24 Aug 2018

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

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

by Hooman Peimani | On 16 Aug 2018

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

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

by Purkayastha Dhruba | On 13 Aug 2018

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

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

by Ranaporn Tantiwechwuttikul | On 13 Aug 2018

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

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

by Suk Hyun | On 10 Aug 2018

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

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

by Rajeswari Sengupta | On 25 Jul 2018

Portfolio Composition and Valuation Effects in Emerging Market Economies

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

by Ashima Goyal | On 25 Jul 2018

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

Macroeconomic Overview of the Philippines and the New Industrial Policy

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

by Maureen Ane D. Rosellon | On 06 Jul 2018

Mainstreaming SMEs: Promoting Inclusive Growth in APEC

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

by Erlinda M. Medalla | On 06 Jul 2018

Assessment of the BUB Program: Improving Access of Local Communities to Basic Services and Strengthening Social Capital

The Aquino administration through the Human Development and Poverty Reduction Cluster (HDPRC) and Good Governance and Anti-Corruption Cluster (GGACC) launched the Bottom-up Budgeting (BUB) exercise in...

by Rosario G. Manasan | On 05 Jul 2018

Designing the Fiscal Features of a Federal Form of Government: Autonomy, Accountability, and Equity Considerations

The paper provides estimates of the cost of shifting to a federal form of government under different scenarios in terms of the number of regions. Finally, it concludes with the discussion of why adopt...

by Rosario G. Manasan | On 03 Jul 2018

Decentralization and Health in the Philippines: A Systematic Review of Empirical Evidences

This study provides a systematic review and summary of the extant knowledge on the impacts of decentralization on health in the Philippines. Despite the country’s twenty-five years of experience in de...

by Michael R.M. Abrigo | On 03 Jul 2018

Analyzing Decisiveness of Migration Intentions: Social Kinship that Matters

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

by Aubrey D. Tabuga | On 28 Jun 2018

Cash Holdings and Tax Evaded Incomes in India – A Discussion

The paper makes an analysis of cash holdings in India and attempts to test its association with tax effort and government spending. The finding arrived is that the ratio of Cash holding to Nominal GDP...

by R. Mohan | On 21 Jun 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

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

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

by Mita Choudhury | On 15 Jun 2018

Fair play in Indian Health Insurance

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

by Shefali Malhotra | On 15 Jun 2018

The Rise of Government-Funded Health Insurance in India

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

by Ila Patnaik | On 15 Jun 2018

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

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

by Lekha Chakraborty | On 15 Jun 2018

Financial Globalisation and Economic Growth in South Asia

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

by N R Bhanumurthy | On 14 Jun 2018

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

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

by Roman Mogilevskii | On 11 Jun 2018

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

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

by Carlos De Resende | On 09 Jun 2018

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

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

by Sayuri Shirai | On 07 Jun 2018

Financial Inclusion, Financial Literacy, and Financial Education in AZerbaijan

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

by Gubad Ibadoghlu | On 07 Jun 2018

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

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

by Armen Nurbekyan | On 07 Jun 2018

Young Enterprises and Bank Credit Denials

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

by Danilo V. Mascia | On 06 Jun 2018

Estimating Elasticity of Transport Fuel Demand in Pakistan

This study investigates the fuel demand elasticities separately for petrol, diesel, and CNG using data from July 2004 to June 2015 for Pakistan. The results show that fuel demands are generally (own...

by Muhammad Omer | On 06 Jun 2018

Global Banking Network and Regional Financial Contagion

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

by Cyn Young Park | On 31 May 2018

Determinants of Dividends among Indian Firms—An Empirical Study

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

by | On 31 May 2018

Financial Inclusion: Indian Initiatives in the Global Perspective

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

by | On 28 May 2018

Gender and Intersecting Inequalities in Local Government in South Asia

This paper is an evidence review of how intersecting forms of inequalities influence women’s political participation and representation at the local level in Bangladesh, India and Pakistan. The r...

by | On 11 May 2018

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

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

by World Bank [WB] | On 21 Apr 2018

Non-Linear, Asymmetric and TimeVarying Exchange Rate Pass-Through: Recent Evidence from India

Exploring nonlinearities and time variations in exchange rate pass-through (ERPT) to consumer prices in India for the period from April 2005 to March 2016, this paper finds ERPT is asymmetric with pas...

by | On 09 Apr 2018

EJF View on the Global Compact on Migration

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

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

Performance Trends and Policy Recommendations An Evaluation of the Mass Health Insurance Scheme of Government of India

India’s health sector is characterized by modest health indicators, a paucity of medical financing schemes that have successfully scaled, high per capita out-of-pocket health expenditure, and very l...

by | On 06 Apr 2018

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

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

by Sarfraz Qureshi | On 30 Mar 2018

International Commodity Prices and Domestic Bank Lending in Developing Countries

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

by | On 30 Mar 2018

Trade Rules in E-commerce: WTO and India

Electronic commerce (e-commerce) is an integral part of business activities, and various models of e-commerce have emerged with liberalisation and technological developments. Global e-commerce trade...

by | On 28 Mar 2018

The Education Sector in Pakistan

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

by Khwaja Sarmad | On 28 Mar 2018

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

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

by | On 27 Mar 2018

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

Financial Inclusion: New Measurement and Cross-Country Impact Assessment

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

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

Exchange Rate Instability and Trade: The Case of Pakistan

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

by M. Ali Kemal | On 19 Mar 2018

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

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

by Renana Jhabvala | On 15 Mar 2018

Cash Holding and Tax Evaded Incomes in India – A Discussion

The paper makes an analysis of cash holdings in India and attempts to test its association with tax effort and government spending. The finding arrived is that the ratio of Cash holding to Nominal GDP...

by R. Mohan | On 14 Mar 2018

Rehabilitation of Child Labour in India Lessons Learnt from the Evaluation of NCLPs

The paper says that the children continue to form a sizeable section of the labour force in several fields of employment around the world.

by | On 13 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

State of Child Workers in India: Mapping Trends

The present report begins with a background on child labour, with a discussion on different terms associated with ‘child labour’, followed by child labour policies and legislation implemented by the g...

by Ellina Samantroy | On 12 Mar 2018

Budget 2018: Uttar Pradesh Budget Speech

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

by Ministry of Finance | On 12 Mar 2018

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

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

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

by | On 27 Feb 2018

Internationalisation of the Rupee

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

by Shekhar Hari Kumar | On 27 Feb 2018

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

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

by M.A. Oommen | On 27 Feb 2018

Women Rights in Conflict Zones: A Focus on India

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

by Sona Drahonovská | On 22 Feb 2018

Militarisation and Armed Conflict

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

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

Conflict-Related Sexual Violence: A Cross-National Comparison of Circumstances Related to State Forces’ Use of Sexual Violence in Armed Conflicts

This study aims to explore and identify circumstances related to the use of sexual violence by armed groups, and by state forces in particular. The overall purpose is to contribute to an understandi...

by Matilda Carlsson | On 20 Feb 2018

National Unity Government in Sri Lanka: An Assessment

At the close of two years, the National Unity Government (NUG) of Sri Lanka has failed to maintain the confidence and trust of the people it enjoyed during the first three months of its tenure. Having...

by | On 16 Feb 2018

Choice, Recognition and the Democracy Effects of Decentralization

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

by James Manor | On 07 Feb 2018

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

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

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

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

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

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

Kerala Budget 2018-19

Budget speech of Finance Minister of Kerala.

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

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 6: External Sector

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

by Arun Jaitley | On 31 Jan 2018

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

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

by Arun Jaitley | On 31 Jan 2018

Economic Survey 2017: Volume I: Chapter 9: Ease of Doing Business’ Next Frontier: Timely Justice

The government’s efforts to make business and commerce easy have been widely acknowledged. The next frontier on the ease of doing business is addressing pendency, delays and backlogs in the appellat...

by Arun Jaitley | On 31 Jan 2018

China’s Development Finance to Asia: Characteristics and Implications

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

by Oh Ah | On 31 Jan 2018

Economic Survey 2017: Volume I, Chapter 4: Reconciling Fiscal Federalism and Accountability: Is there a Low Equilibrium Trap?

Long-run institutional development co-evolves with fiscal accountability involving, perhaps requiring, a low and declining dependence on devolved resources and a high and rising share of direct taxe...

by Arun Jaitley | On 31 Jan 2018

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

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

by Arun Jaitley | On 31 Jan 2018

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

Budget Speech Jharkhand 2018

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

by Raghubar Das | On 25 Jan 2018

Budget Speech Jharkhand- 2018

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

by Raghubar Das | On 25 Jan 2018

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

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

by Chanchal Kumar Sharma | On 22 Jan 2018

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

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

by | On 22 Jan 2018

A Guide to Using Budget Analysis

Budget analysis entails analysis and assessment of budget from the lens of marginalised sections of population with the objective of prioritisation of public expenditures and collection of revenues...

by Happy Pant | On 17 Jan 2018

Cross-Border Spillover Effects of the G20 Financial Regulatory Reforms

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

by Clive Briault | On 15 Jan 2018

Strategic Roadmap for Implementation of UDAY Scheme

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

by Rishu Garg | On 11 Jan 2018

Military Courts in Pakistan: Will they return? What are the implications?

This paper narrates that during the first week of January 2017, many in Pakistan were surprised, when the government allowed the earlier Parliamentary legislation on the military courts to elapse.

by D. Chandran | On 09 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

Fossil Fuel Subsidies Reduction and the World Trade Organization

his paper develops the contours of an ambitious approach to fossil fuel subsidy reform using the multilateral trade system.

by Joel Trachtman | On 26 Dec 2017

Financial Literacy in Japan: Determinants and Impacts

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

by Naoyuki Yoshino | On 21 Dec 2017

Effects of Financial Market Imperfections on Indian Firms‘ Exporting Behavior

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

by Hiro Ito | On 21 Dec 2017

Access To Medicines In The Philippines: Overcoming The Barriers

The study says that the said passage has led to the decline of medicine prices since 2009, primarily through the efforts of the Department of Health (DOH) to implement the law using measures on maximu...

by Ramon Clarete | On 12 Dec 2017

Role of Government in Public Health: Current Scenario in India and Future Scope

The new agenda for Public Health in India includes the epidemiological transition, demographical transition, environmental changes and social determinants of health. Based on the principles outlined a...

by | On 12 Dec 2017

PIDS Calls For ‘Intelligent’ Discourse On Federalism

The study says that the policymakers should see merit in examining whether federalism can indeed address the sociopolitical and economic problems that hamper the country’s growth.

by PIDS Information Staff | On 11 Dec 2017

Response of Firms to Listing: Evidence from SME Exchanges

Public equity markets have increasingly become accessible to small and medium firms with the introduction of dedicated exchange that lower listing criteria to allow such firms to list their equity. Th...

by | On 11 Dec 2017

Revitalizing economy by balancing defence & development

In this context, a government that is in doubt regarding re-election will give a popular or election-oriented budget and go on a spending spree.

by Dr. Abid Suleri | On 20 Nov 2017

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

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

by | On 16 Nov 2017

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

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

by Wahid Abdallah | On 15 Nov 2017

Management of Capital Flows in India

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

by Abhijit Sen Gupta | On 13 Nov 2017

Capital Flows and Financial Stability in Emerging Economies

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

by | On 10 Nov 2017

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

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

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

by Sujaya Rathi | On 03 Nov 2017

State-level Policy Analysis for PV Module Manufacturing in India

This analysis has identified three major challenges, which need to be addressed to make module manufacturing competitive in India

by Bhupesh Verma | On 02 Nov 2017

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

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

by Shahid Raza | On 31 Oct 2017

Remittances for Growth: Initiatives for Remitters and Remittances

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

by Atiq Rehman | On 30 Oct 2017

On Using Exchange Rate for Promoting Exports

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

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

An Assessment of Pakistan's Export Performance and the Way Forward

This paper examines in detail Pakistan’s export performance in the light of emerging global challenges and identifies key structural and policy issues that stifle Pakistan’s exports.

by Afia Malik | On 25 Oct 2017

BRICS AND Illicit financial flows

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

by | On 25 Oct 2017

Trade Misinvoicing: What can we measure?

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

by Suranjali Tandon | On 10 Oct 2017

Creating Solar Parks in Cities

These consumers expect stable returns and minimal hassles.

by Saptak Ghosh | On 10 Oct 2017

Remittances and Exchange Rate Linkages: Experiences of Nepal

This paper concentrates on the impact of a few macroeconomic variables—nominal exchange rate, economic activity in host countries and workers' outflow—in determining the remittance inflows to Nepal.

by Bhubanesh Pant | On 09 Oct 2017

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

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

by Mahmood ul Hasan Khan | On 09 Oct 2017

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

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

by Sarthak Karki | On 06 Oct 2017

Relationship between Financial Literacy and Behavior of Small Borrowers

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

by Ramesh Chaulagain | On 06 Oct 2017

Resource requirements for Right to Education (RTE): Normative and the Real

The paper examines the issue of resource adequacy for Right to Education (RTE) by estimating the resource requirement for universalization of elementary education across twelve Indian States. Using RT...

by Sukanya Bose | On 05 Oct 2017

DRRM's Design and Implementation Need to Be Beefed Up

This, according to researchers Sonny Domingo and Ma. Divina Olaguera from the state think tank Philippine Institute for Development Studies (PIDS), is the problem the government needs to address to re...

by Philippine Institute Studies (PIDS) | On 03 Oct 2017

Measure and determinants of chronic and transient poverty in the Philippines

This Policy Note addresses this lack of a measure of chronic and transient poverty in the Philippines.

by Connie Bayudan-Dacuycuy | On 29 Sep 2017

An Assessment of the Community Mortgage Program Implementation Strategy

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

by Marife M. Ballesteros | On 29 Sep 2017

Optimal Inflation Rate for Nepal

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

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

Working Group on Education: Digital Skills for Life and Work

The reports says that the question of how digital skills and competencies can be developed by all people — young and old, girls and boys, rich and poor — on a sustainable basis is an ongoing challenge...

by Broadband Commission Development | On 26 Sep 2017

East Asian Financial and Economic Development

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

by Randall Morck | On 25 Sep 2017

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

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

by Amrita Chatterjee | On 25 Sep 2017

Improving Data on Missing Migrants

The reports discuss the methodological challenges of gathering data on missing migrants.

by Frank Laczko | On 25 Sep 2017

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

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

by Taniya Ghosh | On 18 Sep 2017

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

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

by Rajeswari Sengupta | On 18 Sep 2017

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

Electricity Consumption and Economic Growth in Karnataka

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

by Laxmi Rajkumari | On 11 Sep 2017

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

Understanding the principles underlying the Philippine competition law

The culture of competition cultivates flexibility and adaptability that enable the economy to cope better with a constantly changing environment.

by Erlinda M. Medalla | On 07 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

Chronic and Transient Poverty and Weather Variability in the Philippines: Evidence Using Components Approach

The paper narrates that the weather is an integral part of our life and weather shocks can have severe implications on income and on household consumption.

by Connie Bayudan-Dacuycuy | On 06 Sep 2017

Preventing chilhood stunting: Why and how?

This Policy Note analyzes the factors contributing to child stunting in the country and finds that mothers' nutrition and health status during pregnancy remain crucial aspects that can influence birth...

by Alejandro Herrin | On 04 Sep 2017

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

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

by Bogang Jun | On 28 Aug 2017

Price Distortions in Indian Agriculture

The study is about estimating the extent to which domestic prices of major Indian agriculture commodities deviate from their corresponding free trade reference prices. The free trade reference prices...

by Shweta Saini | On 23 Aug 2017

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

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

by Protiva Kundu | On 22 Aug 2017

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

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

by Shweta Saini | On 21 Aug 2017

Local government in South Africa: Can the objectives of the developmental state be achieved through the current model of decentralised governance?

This study examines the notions of decentralisation and developmentalism, and shows how they have become two of the most significant defining features of South African local government.

by Andrew Siddle | On 11 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

Strengthening Local Governance in Africa: Beyond Donor-Driven Approaches

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

by Göran Hydén | On 10 Aug 2017

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

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

by Bhabesh Hazarika | On 09 Aug 2017

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

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

by Arpita Mukherjee | On 08 Aug 2017

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

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

by Reserve Bank of India RBI | On 08 Aug 2017

Report of the Working Group on Resolution Regime for Financial Institutions

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

by Reserve Bank of India RBI | On 08 Aug 2017

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

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

by Emily Breza | On 07 Aug 2017

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

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

by Securities Board of India | On 04 Aug 2017

A Measure of Finance-Neutral Output Gap for India

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

by Deba Prasad Rath | On 04 Aug 2017

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

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

by Snehal S. Herwadkar | On 04 Aug 2017

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

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

by Reserve Bank of India RBI | On 03 Aug 2017

Phillips Curve Relationship in India: Evidence from State-Level Analysis

This paper revisits the issue of determinants of inflation in India in a Phillips curve framework and makes two key contributions in relation to existing studies. First, in the context of the Reserve...

by Harendra Behera | On 03 Aug 2017

Achieving Universal Literacy in Andhra Pradesh: Status and Prospects

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

by Motkuri Venkatanarayana | On 02 Aug 2017

A Situational Theory of Pork Barrel Politics: The Shifting Logic of Discretionary Allocations in India

A rich panel dataset on Indian states is used to propose a situational theory of distributive politics which states that incentives for exclusive targeting of affiliated states in dominant party syst...

by | On 02 Aug 2017

Aid for Trade in Action

The case stories show clear results of how aid for trade programmes are helping developing countries to build human, institutional and infrastructure capacity to integrate into regional and global ma...

by World Trade Organisation WTO | On 02 Aug 2017

Strengthening the Governance for Effective Tobacco Control in India

One of the key components in achieving a substantial reduction in tobacco use and associated disease, economic and ecologic burden in India is to strengthen the governance for tobacco control. In the...

by Dr. Upendra Bhojani | On 01 Aug 2017

Reconfiguring International Financial Institutions: The BRICS Initiative

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

by Manmohan Agarwal | On 31 Jul 2017

Does Government Borrowing Crowd out Private Sector Credit in Pakistan

An analysis of the impact of government borrowing from the scheduled banks on the credit to private sector in Pakistan, using monthly data from 1998:M6 to 2015:M12. We find that a one percentage poi...

by Sajjad Zaheer | On 31 Jul 2017

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

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

by Dipendra Bhattarai | On 28 Jul 2017

Gender Matters in Economic Empowerment Interventions: A Research Review

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

by Mayra Buvinic | On 28 Jul 2017

Sanitation Tool Compendium

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

by Shramana Dey | On 27 Jul 2017

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

The Corporate Social Responsibility Act in India: An Early Assessment

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

by Sangeeta Bansal | On 27 Jul 2017

Land Live: Land ownership in Rural India and Intra Household Exchanges

The incidence of parent-child co-residence in India is among the highest in the world. This paper examines the role of intra-household exchanges and potential bequests in creating incentives for adult...

by Sonalde Desai | On 27 Jul 2017

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

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

by Bilkis Sultana | On 26 Jul 2017

Taking an Ecosystems Approach: Support for Advocacy Training Initiatives’ (SATHI) Public Health Work in India

Delivering accessible, inclusive and high-quality health services in India is both technically challenging and politically complex. India’s public health services have been highly decentralized for mo...

by Brendan Halloran | On 26 Jul 2017

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

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

by Atonu Rabbani | On 25 Jul 2017

Gender Equality Results Case Study: Bangladesh - Second Urban Primary Health Care Project

The project provided preventative and curative services, including access to immunization, reproductive health services, limited curative care, nutrition-related services, community outreach on health...

by Asian Development Bank Institute | On 25 Jul 2017

Sustainable Energy Access Planning: A Framework

This report presents a framework for sustainable energy access planning that planners and policy makers can use to design cost-effective clean energy supply systems that both poor and nonpoor can sust...

by Asian Development Bank Institute | On 24 Jul 2017

Asia Bond Monitor - June 2015

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

by Asian Development Bank Institute | On 24 Jul 2017

East Asia Department Knowledge Management Initiatives in 2014

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

by Asian Development Bank Institute | On 24 Jul 2017

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

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

by Ashima Goyal | On 22 Jul 2017

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

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

by Asian Development Bank Institute | On 21 Jul 2017

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

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

by Taniya Ghosh | On 21 Jul 2017

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

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

by Asian Development Bank Institute | On 20 Jul 2017

Local Currency Bonds and Infrastructure Finance in ASEAN+3

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

by Asian Development Bank Institute | On 18 Jul 2017

A Region at Risk: The Human Dimensions of Climate Change in Asia and the Pacific

The report discusses the most recent projections pertaining to climate change and climate change impacts in Asia and the Pacific, and the consequences of these changes to human systems, particularly f...

by Asian Development Bank Institute | On 14 Jul 2017

Assessing Financial Protection against Disasters: A Guidance Note on Conducting a Disaster Risk Finance Diagnostic

The purpose of this note is to help development practitioners gather relevant information, conduct analysis, and present both in a standardized diagnostic framework. In addition to the guidance note i...

by Asian Development Bank Institute | On 14 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

Financial Soundness Indicators for Financial Sector Stability in Georgia

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

by Asian Development Bank Institute | On 07 Jul 2017

Financial Soundness Indicators for Financial Sector Stability in Viet Nam

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

by Asian Development Bank Institute | On 07 Jul 2017

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

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

by Asian Development Bank Institute | On 06 Jul 2017

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

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

by Asian Development Bank Institute | On 06 Jul 2017

Gender Mainstreaming Case Study: Sri Lanka - North East Coastal Community Development Project and Tsunami-Affected Areas Rebuilding Project

This case study looks at the gender dimensions of two projects that focus on the community development component that advocated community participation, social inclusion, and gender equality in commun...

by Asian Development Bank Institute | 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

Strengthening City Disaster Risk Financing in Vietnam

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

by Asian Development Bank Institute | On 26 Jun 2017

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

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

by Asian Development Bank Institute | On 23 Jun 2017

Asia Bond Monitor - June 2017

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

by Asian Development Bank Institute | On 23 Jun 2017

Toward Mainstreaming and Sustaining CDD in Indonesia: Understanding Local Initiatives and the Transition from PNPM-Rural to the Villlage Law

The report summarizes important lessons learned and policy implications from the first year of Village Law implementation.

by Asian Development Bank Institute | On 16 Jun 2017

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

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

by Asian Development Bank Institute | On 16 Jun 2017

Asia Bond Monitor - March 2016

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

by Asian Development Bank Institute | On 15 Jun 2017

Digital Financial Services in the Pacific: Experiences and Regulatory Issues

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

by Asian Development Bank Institute | On 14 Jun 2017

Enhancing Community-Driven Development through Convergence: A Case Study of Household- and Community-Based Initiatives in Philippine Villages

The study examines the Philippine government’s convergence initiative, and how it relates to community-driven development (CDD) that can impact rural communities in the Philippines.

by Asian Development Bank Institute | On 09 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

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

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

by Asian Development Bank Institute | On 01 Jun 2017

Judicial Review and Money Bills

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

by Pratik Datta | On 26 May 2017

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

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

by Asian Development Bank Institute | On 23 May 2017

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

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

by Asian Development Bank Institute | On 22 May 2017

ASEAN+3 Bond Market Guide 2016: Malaysia

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

by Asian Development Bank Institute | On 16 May 2017

ASEAN+3 Bond Market Guide 2016: Thailand

The paper says that the government has continued to issue bonds since then with the primary objectives being to finance the annual budget deficit, support social and economic development, and restruct...

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

Sanitation and Sustainable Development in Japan

The paper outlines that the sanitation has long been “beneath the radar” on the development agendas of governments worldwide. Aside from the massive investment requirements for putting in place sanita...

by Asian Development Bank Institute | On 12 May 2017

Philippines: Public-Private Partnerships by Local Government Units

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

by Asian Development Bank Institute | On 11 May 2017

Asia Bond Monitor - November 2016

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

by Asian Development Bank Institute | On 11 May 2017

Asian Economic Integration Report 2016

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

by Asian Development Bank Institute | On 10 May 2017

Accelerating Financial Inclusion in South-East Asia with Digital Finance

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

by Asian Development Bank Institute | On 09 May 2017

Reinventing Mutual Recognition Arrangements: Lessons from International Experiences and Insights for the ASEAN Region

This report aims to support ASEAN policymakers and regulatory bodies by examining MRAs signed in other regions to see how well they have functioned on the ground. It focuses on the following issues: D...

by Dovelyn Rannveig Mendoza | On 08 May 2017

The Long Road Ahead: Status Report on the Implementation of the ASEAN Mutual Recognition Arrangements on Professional Services

In the report there has been progress primarily in two areas: (1) the creation of implementing offices and bodies at the regional and national levels as outlined in the MRAs; and (2) the incorporation...

by Dovelyn Rannveig Mendoza | On 05 May 2017

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

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

by Subrata Sarkar | On 03 May 2017

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

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

by Sanika Sulochani Ramanayake | On 03 May 2017

Smart Cities Movement in BRICS

BRICS nations are today cooperating on numerous matters of mutual concern. The cooperation is the result of years of deliberation, hard work and commitment. Since the formation of the grouping in the...

by | On 14 Apr 2017

An Interview with Anand Patwardhan

For over 40 years Anand Patwardhan’s documentary films have stood for freedom of expression. He faced censorship on numerous occasions, took the government to court, and won each time. Anand is not ju...

by Vidya Bhushan Rawat | On 10 Apr 2017

India Skills Report 2017

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

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

Prostitution and the Ends of Empire: Scale, Governmentalities, and Interwar India. Durham: Duke University Press, Review

The book is an important exploration of late colonial preoccupations with the brothel, a "scandalous" space fueling the archival accretions that sustain contemporary historical inquiry. 2015; xi...

by Tara Suri | On 23 Feb 2017

Economic Status and Adult Mortality in India

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

by | On 15 Feb 2017

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

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

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

‘GOING DARK’ in India: The Legal and Security Dimensions of Encryption

Encrypting communications enhances privacy and the security of information services. This, in turn, incentivises innovation in the ICT sector and contributes significantly to the growth of the interne...

by | On 02 Feb 2017

Climate Change: Impacts, Vulnerabilities and Adaptation in Developing Countries

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

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

Vital Stats: Participation of Members of Uttar Pradesh Legislative Assembly (2012-2017)

The Election Commission recently announced the poll schedule for the assembly elections in Uttar Pradesh. In this context, data on the composition of the 16th Uttar Pradesh Legislative Assembly (2012-...

by Jhalak Kakkar | On 10 Jan 2017

Skill Development : An Engine of Economic Growth

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

by | On 04 Jan 2017

Financial Inclusion in the Digital Age

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

by Shawn Hunter | On 29 Dec 2016

Modelling Corporate Sector Distress in India

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

by Manjusha Senapathi | On 27 Dec 2016

Demographic Dividend in India

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

by Priya Sharma | On 23 Dec 2016

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

The Changing Contours of Inter group Disparities and the Role of Preferential Policies in a Globalizing World: Evidence from India

How persistent are traditional socioeconomic hierarchies in the face of marketization, significant structural shifts in the economy, and increased political representation of lower-ranked groups, and...

by Ashwini Deshpande | On 15 Dec 2016

Resilient and Responsive Health Systems for a Changing World

A health system should be responsive, resilient, self-regulating. It should be able to respond to health emergencies and changing development scenarios. Governments all over the world should see to it...

by Rajeev B.R. | On 14 Dec 2016

Inflation in Pakistan: Money or Oil Prices

The study attempted to investigate the determinants of inflation in case of Pakistan and to check the validity of monetarist stance that inflation is always and everywhere a monetary phenomenon by i...

by Mehak Moazam | On 07 Dec 2016

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

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

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

by Prianka Rao | On 30 Nov 2016

Technology for Transformation

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

by Bill Gates | On 30 Nov 2016

Demonetisation: Impact on the Economy

The argument posited in favour of demonetisation is that the cash that would be extinguished would be “black money” and hence, should be rightfully extinguished to set right the perverse incentive s...

by | On 17 Nov 2016

Endogenous Leadership in a Federal Transfer Game

Conventional wisdom suggests that, to negate fiscal externalities imposed by provinces which spend too much and raise lower local resources, central authority should always be a first mover in the t...

by Bodhisattva Sengupta | On 14 Nov 2016

Black Money, Corruption and Demonetisation

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

by Martin Patrick | On 11 Nov 2016

State of State Finances

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

by Arvind Gayam | On 09 Nov 2016

Green Jobs Assessment

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

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

A Stagnant Agriculture in Kerala: The Role of the State

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

by Lekshmi R Nair | On 08 Nov 2016

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

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

by | On 02 Nov 2016

The Elephant That Became a Tiger 20 Years of Economic Reform in India

A foreign exchange crisis in 1991 induced India to abandon decades of inward-looking socialism and adopt economic reforms that have converted the once-lumbering elephant into the latest Asian tiger. I...

by | On 28 Oct 2016

Doing Business

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

by World Bank [WB} | On 27 Oct 2016

Investment Pattern of Youth in India with Particular Reference to Mumbai

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

by | On 25 Oct 2016

Rail Revolution-2025

This policy brief proposes reorganisation of current industry structure and proposes a new organizational structure for the railways to meet the needs of the 21st century . [CPPR Policy Brief Series...

by Centre for Public Policy Research CPPR | On 21 Oct 2016

The Effect of Changing Financial Incentives on Repartnering

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

by | On 18 Oct 2016

On Measuring Uncertainty: Snakes and Ladders

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

by | On 18 Oct 2016

Mainstreaming an Effective Intervention: Evidence from Randomized Evaluations of “Teaching at the Right Level” in India

Previous randomized studies have shown that addressing children’s current learning gaps, rather than following an over-ambitious uniform curriculum, can lead to significant learning gains. In this stu...

by Esther Duflo | On 18 Oct 2016

Problem of Food Security: A Brief Analysis of Tribal Area in India

The right to food is about freedom from hunger. The narrow meaning at hunger may be understood as the right to have two square meals a day, while in its broader meaning would include under nutrition....

by Johani Xaxa | On 17 Oct 2016

The Transgender Persons (Protection of Rights) Bill, 2016

To provide for protection of rights of transgender persons and their welfare and for matters connected therewith and incidental thereto. [Standing Committee on Social Justice and Empowerment unde...

by Parliamentary Research Service PRS | On 13 Oct 2016

Trade Shocks and the Provision of Local Public Goods

We analyze the impact of trade-induced income shocks on the size of local government, and the provision of public services. Areas in the US with declining labor demand and incomes due to increasing im...

by | On 10 Oct 2016

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

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

by K L Krishna | On 10 Oct 2016

Regime Shifts in India’s Monetary Policy Response Function

The objectives of monetary policy have always been a topic of intensive debate. This debate has resurfaced during the past few years. In India too monetary policy-making appears to have undergone si...

by Lokendra Kumawat | On 10 Oct 2016

Financial Stability in a Weak Global Environment

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

by S.S. Mundra | On 10 Oct 2016

MenEngage Global Alliance 2015 Annual Report

This is the third annual report for the MenEngage Alliance’s Global Strategic Plan 2012-2016, in which the main activities and achievements of 2015, based on the four strategic objectives are reported...

by MenEngage Global Alliance | On 07 Oct 2016

Recent Changes in the Fiscal Architecture in India and Implications for Financing Climate Change Interventions

The recent changes in the institutional and fiscal architecture of the country following the constitution of NITI Aayog and release of report of the Fourteenth Finance Commission, have implications...

by Centre for Budget and Governance Accountability CBGA | On 04 Oct 2016

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

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

by Sunder Ramaswamy | On 29 Sep 2016

India-Pakistan Bilateral Trade: Past, Present and Future

Formal trade between India and Pakistan due to tariff barriers and quota problems is not significant; significance is diminishing year after year.The reason for diminishing India-Pakistan bilateral...

by PHD Chamber of Commerce and Industry PHD Chamber | On 29 Sep 2016

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

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

by Nadia Doytch | On 29 Sep 2016

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

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

by S.S. Mundra | On 26 Sep 2016

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

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

by Howard Bodenhorn | On 22 Sep 2016

Introduction: Academic Freedom in Crisis

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

by Daniel Nehring | On 11 Sep 2016

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

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

by N S Siddharthan | On 11 Sep 2016

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

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

by | On 07 Sep 2016

Substance Abuse Treatment Centers and Local Crime

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

by Samuel Bondurant | On 07 Sep 2016

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

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

by Deepthi Mary Mathew | On 07 Sep 2016

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

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

by Asif Mahmood | On 07 Sep 2016

The Independence of the Central Bank

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

by Raghuram G. Rajan | On 06 Sep 2016

Should Countries Be More Like Shopping Malls? A Proposal for Service Performance Guarantees

Many developing countries have made progress in political openness and economic management but still struggle to attract private sector investments, at least outside of narrow, resource-based enclaves...

by Alan Gelb | On 01 Sep 2016

Abductive Reasoning in Macroeconomics

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

by Ashima Goyal | On 31 Aug 2016

Learning and Behavioral Spillovers of Nutritional Information

This paper provides evidence for informational spillovers within urban slums in Chandigarh, India. I identify three groups, a treatment group, a neighboring spillover group, and a nonadjacent pure con...

by | On 30 Aug 2016

Educating the Urban Poor: Case Study of Running Pre-schools in Non-notified Slums of Bengaluru

In the paper, an informal preschool program is described that Akshara Foundation administered over 12 months in a set of non-notified slums in Bengaluru. The intervention is particularly noteworthy be...

by K. Vaijayanti | On 29 Aug 2016

Impact of Caregiver Incentives on Child Health: Evidence from an Experiment with Anganwadi Workers in India

This paper provides evidence of effectiveness for performance pay among government caregivers to improve child health in India. In a controlled study of 160 daycare centers serving over 4,000 children...

by | On 29 Aug 2016

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

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

by | On 16 Aug 2016

The Dominant Borrower Syndrome: The Case of Pakistan

The pressure fiscal expansion exerts on the economy via credit markets in Pakistan is analysed. Melina and Villa (2014) is extended by allowing government to compete with the private borrowers (firms...

by Sajawal Khan | On 16 Aug 2016

Global Forest Watch Climate: Summary of Methods and Data

The Global Forest Watch (GFW) Climate online platform catalyzes action on climate change by providing timely and credible answers to questions about the impacts of tropical deforestation on global...

by nancy Harris | On 12 Aug 2016

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

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

by Cecilia Olivet | On 10 Aug 2016

Inequality, Poverty, and Antipoverty Transfers

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

by Armando Barrientos | On 10 Aug 2016

GST in India: Chasing a Mirage or Reality?

India is moving towards introducing a Goods and Services Tax (GST). The GST would be a multistage comprehensive value added tax (VAT) encompassing both goods and services. Given the federal structur...

by Sacchidananda Mukherjee | On 09 Aug 2016

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

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

by Jarilkasin Ilyasov | On 08 Aug 2016

First Discussion Paper on Goods and Services Tax in India

If the Value Added Tax (VAT) is considered to be a major improvement over the pre-existing Central excise duty at the national level and the sales tax system at the State level, then the Goods and Ser...

by Government of India | On 05 Aug 2016

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

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

by | On 04 Aug 2016

Subsidies to Coal Production in China

A further subsidy in the form of credit support was estimated to be between CNY 3.5 and 35.7 billion (USD 0.57 billion and USD 5.8 billion). The major subsidies included tax relief, investment in asse...

by | On 02 Aug 2016

The Global Crisis and the Impact on Remittances to Developing Asia

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

by | On 29 Jul 2016

Do Government Audits Reduce Corruption: Estimating the Impacts of Exposing Corrupt Politicians

This paper examines the extent to which government audits of public resources can reduce corruption by enhancing political and judiciary accountability. It does so in the context of Brazil’s anti-corr...

by Eric Avis | 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

South-South Migration and Remittances

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

by | On 27 Jul 2016

Designing the Green Climate Fund: Issues for Consideration

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

by Prodipto Ghosh | On 26 Jul 2016

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

New Perspective on Youth Migration: Motives and Family Investment Patterns

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

by | On 25 Jul 2016

Finders, Keepers?

Natural resource taxation and investment often exhibit cyclical behaviour, associated with shifts in political power. Why do finders get to keep more of their discoveries in some periods than others?...

by Niko Jaakkola | On 22 Jul 2016

The Financial Literacy of Indians

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

by | On 20 Jul 2016

Estimating Local Fiscal Multipliers

This paper proposes a new source of cross-sectional variation that may identify causal impacts of Government spending on the economy. It uses the fact that a large number of federal spending programs...

by Juan Serrato | On 20 Jul 2016

A Systematic Review of Cross-Country Data Initiatives on Agricultural Public Expenditures in Developing Countries

A number of data initiatives exist that assemble and make available public expenditure data on agriculture, in addition to other variables. Several of these data initiatives overlap in terms of which...

by Richard Anson | On 20 Jul 2016

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

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

by Ira N. Gang | On 19 Jul 2016

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

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

by | On 18 Jul 2016

Oil Price, Exchange Rate and the Indian Macro Economy

The paper investigates the dynamic relationship between movements in oil prices and exchange rates with macroeconomic variables like price, output, interest rate and money by using structural vector a...

by Taniya Ghosh | On 12 Jul 2016

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

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

by Shyam Sundar | On 11 Jul 2016

Does Social Health Insurance Reduce Financial Burden? Panel Data Evidence from India

Indian government launched the Rashtriya Swasthya Bima Yojana (RSBY), a national health insurance scheme, in 2008 that provides cashless health services to poor households in India. The scheme is eval...

by Mehtabul Azam | On 11 Jul 2016

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

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

by Jaimini Bhagwati | On 07 Jul 2016

Vital Stats: Overview of Central Government Employees

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

by Vatsal Khullar | On 07 Jul 2016

Impact of Independent Directors’ Resignations on Firm’s Governance

Directors are liable for any act of omission or commission. They have a reputation to protect. While Independent directors might engage in passive monitoring; when apprised of a decision where the pro...

by Preet Singh | On 05 Jul 2016

Global Commodity Prices and Inflation in a Small Open Economy

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

by Muhammad Nadim Hanif | On 30 Jun 2016

Best Practices in Regulation of Private Education

Current paper aims to understand how the governments in different parts of the world have leveraged upon the private sector to achieve specific educational goals. The idea here is not to recommend o...

by Centre for Civil Society CCS | On 29 Jun 2016

Decentralisation and Interventions in Health Sector: A Critical Inquiry into the Experience of Local Self Governments in Kerala

This paper attempts to analyse the transition in the healthcare sector during the last two decades linking it to the interventions of Local Self Governments (LSGs). It was found that decentralisation...

by | On 29 Jun 2016

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

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

by Subhasish Dey | On 27 Jun 2016

Malnutrition: Unanswered Questions from Attapadi

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

by Child Rights and You CRY | On 27 Jun 2016

Talent Management Systems in Indian Pharmaceutical Firms: Exploring an Emerging Typology

This study has explored the implementation of talent management process in pharmaceutical industry in India through a case study approach. Data was collected from top management and senior managers in...

by Kirti Sharda | On 24 Jun 2016

Right to Food in India: Mitigating amidst Challenges

What are the policies that Indian government has implemented to alleviate poverty and hunger? Can we say that these are implemented in the right way? What lies in future?

by Aarti Salve | On 24 Jun 2016

Challenges in Implementing the Right to Education: The Karnataka Case

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

by | On 22 Jun 2016

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

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

by Jaimini Bhagwati | On 22 Jun 2016

An Analysis of Perceptions of Domestic Violence and Efficacy of the Implementation of the PWDV Act (2005) in Bihar

The present study has been conducted in the rural and urban areas of 9 districts of 9 commissionaries in Bihar. A random sample of 375 families is drawn from different socio-economic backgrounds. The...

by CARE India | On 20 Jun 2016

Case Study on AID Effectiveness in Tajikistan

This case study aims at presenting Tajikistan’s perspective of, experiences with, and challenges to foreign aid. The objective of the study is to raise awareness about different dimensions of aid f...

by Rustam Aminjanov | On 20 Jun 2016

Informal Labour Markets in Pakistan

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

by M. Ali Choudhary | On 16 Jun 2016

Optimal Unemployment Benefit Policy and the Firm Productivity Distribution

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

by Tomer Blumkin | On 15 Jun 2016

Migrant Workers and the Welfare State

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

by | On 14 Jun 2016

Budget Speech Jammu and Kashmir: 2016-17

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

by Hasseeb A. Drabu | On 13 Jun 2016

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

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

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

The Revival of the Silk Roads (Land Connectivity) in Asia

This paper argues that contrary to popular belief, in the bygone era, there was not one but two Silk Roads in Asia – the Northern and the less well-known South-western Silk Road (SSR). The SSR connect...

by | On 10 Jun 2016

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

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

by | On 09 Jun 2016

Shifting Diets for a Sustainable Food Future

The role of one consumption-based solution: shifting the diets of populations who consume high amounts of calories, protein, and animal-based foods are analysed. Specifically, we consider three in...

by Janet Ranganathan | On 06 Jun 2016

The Contours and Concerns of Drought-Induced Migration

Umi Daniel is currently working as Head Migration Thematic unit at Aide et Action South Asia. His areas of interests are tribal empowerment, people’s right to food, micro level planning, rights and en...

by Umi Daniel | On 03 Jun 2016

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

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

by Oxfam India | On 02 Jun 2016

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

Global Slavery Index 2016

The Global Slavery Index (‘the Index’) provides an estimate of the number of people in modern slavery, the factors that make individuals vulnerable to this crime, and an assessment of government actio...

by | On 01 Jun 2016

Minimum Wage Comparison: Asian Countries Minimum Wage Fixing

For countries which have a minimum wage, the minimum wage fixing system differs according to objectives and criteria, machinery and procedures, coverage, and subsequent adjustment as well as the opera...

by Sanjana Singh | On 31 May 2016

Youth and Labour Reforms in India

On account of May 1st being the Labour Day, India Youth Fund interviewed Professor Arup Mitra from the Institute of Economic Growth, Delhi on a number of labour rights and reforms related issues in In...

by Arup Mitra | On 26 May 2016

On the Road to Universal Health Coverage: Every Person Matters

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

by Michael Stahl | On 26 May 2016

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

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

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

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

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

by Association for Democratic Reforms ADR | On 19 May 2016

National Intellectual Property Rights (IPR) Policy

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

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

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

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

by Association for Democratic Reforms ADR | On 19 May 2016

Building a Design Economy in India

The interministerial group will rework its strategy on labour laws and tweak it in such a manner that it maximises benefits for both workers and employers. In this paper, we outline the manner in whi...

by Shamika Ravi | On 18 May 2016

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

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

by Cornelis Haasnoot | On 18 May 2016

Plan vs. Performance Budget Session – February 23 to May 13, 2016

The Budget Session was originally planned to be held in two parts: from February 23 to March 16 and April 25 to May 13. However, at the end of March, the government decided to convert these into two...

by Kusum Malik | On 17 May 2016

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

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

by | On 12 May 2016

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

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

by | On 11 May 2016

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

The Trade Marks Act, 1999

Indian trademark law statutorily protects trademarks as per the Trademark Act, 1999 and also under the common law remedy of passing off. Statutory protection of trademark is administered by the Contro...

by Ministry of Commerce and Industry GOI | On 09 May 2016

Faltering UDF, Rising LDF and the Unknown Factor of the Third Front in Kerala Elections 2016

The ruling United Democratic Front's chances of coming back to power in the forthcoming elections in Kerala seem bleak, while a resurgent Left Democratic Front is gearing up to form the government. Ho...

by N Rajendran | 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

The Federation Model of Community Organising

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

by Sheela Patel | On 06 May 2016

Issues in India's External Sector

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

by C. Rangarajan | On 06 May 2016

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

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

by Leela Visaria | On 05 May 2016

The Mines and Minerals (Development and Regulation Amendment Bill, 2015)

A bill further to amend the Mines and Minerals (Development and Regulation) Act, 1957.

by Lok Sabha Secretariat | On 03 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

Monetary Transmission in Developing Countries: Evidence from India

This paper examines what the empirical evidence has to say about the strength of monetary transmission in India, using the structural vector autoregression (SVAR) methods that have been applied broadl...

by | On 02 May 2016

Financial Stability: Underlining Context

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

by Ashima Goyal | On 02 May 2016

Foreign Exchange Markets, Intervention and Exchange Rate Regimes

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

by Ashima Goyal | On 02 May 2016

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

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

by | On 02 May 2016

Impact of Trilemma Indicators on Macroeconomic Policy: Does Central Bank Independence Matter?

This paper shows that the institutional changes such as Inflation Targeting (IT) helps lower inflation without depending upon the level of Central Bank Independence (CBI) in a country as is suggested...

by | On 02 May 2016

Is there a Case for Exchange Rate Coordination in South Asia?

This paper evaluates the case for greater exchange rate coordination in South Asia. With inter-regional integration in South Asia progressing at a faster pace than the region's integration with the wo...

by Rajeswari Sengupta | On 02 May 2016

Reassessing Exchange Rate Overshooting in a Monetary Framework

This paper revisits the Dornbusch exchange rate overshooting in a different model setting.

by Taniya Ghosh | On 02 May 2016

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

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

by Mahinda Wijesiri | On 02 May 2016

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

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

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

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

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

by Association for Democratic Reforms ADR | On 28 Apr 2016

Tamil Nadu: What Voters Want and How They Rate Government Performance

This report consists the findings of a survey carried out in February 2016 in Tamil Nadu. The purpose of the survey was to find out what voters really want from the Government and how they rate the pe...

by Association for Democratic Reforms ADR | On 28 Apr 2016

Kerala: Education Report on Schools

Annual Status of Education Report is the largest annual household survey of children in rural India that focuses on the status of schooling and basic learning to find out whether children in rural Ind...

by Annual status of education report ASER | On 27 Apr 2016

Designs (Amendment) Rules, 2014

The Designs (Amendment) Rules, 2014 has been published by the Government of India, Ministry of Commerce and Industry (Department of Industrial Policy and Promotion) by notification in Part-II, Section...

by Ministry of Commerce and Industry GOI | On 26 Apr 2016

Elderly in India

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

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

Action vs Planning

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

by T.N. Ninan | On 24 Apr 2016

Maritime Failures

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

by T.N. Ninan | On 16 Apr 2016

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

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

by | On 13 Apr 2016

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

Global Report on Diabetes

Diabetes is a serious, chronic disease that occurs either when the pancreas does not produce enough insulin (a hormone that regulates blood sugar, or glucose), or when the body cannot effectively use...

by World Health Organisation (WHO) | On 07 Apr 2016

Hong Kong Budget Speech 2016

Speech by the Financial Secretary.

by Hon John C Tsang | On 28 Mar 2016

Budget 2016-17 & The Indian Economy

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

by Arvind Panagariya | On 28 Mar 2016

Budget Speech Uttar Pradesh: 2016-17

Budget speech of the finance minister of Uttar Pradesh.

by Uttar Pradesh Government UP | On 22 Mar 2016

Impact of JNNURM and UIDSSMT/ IHSDP Programmes on Infrastructure and Governance Outcomes in Cities/ Towns in India

The paper is based on a review of the available official data and the existing literature on the Missions. It is divided into three broad sections. The first analyzes data available from the official...

by Lalitha Kamath | On 21 Mar 2016

Optimal Monetary Policy in the Presence of Sizable Informal Sector and Firm Level Credit Constraint

Optimality of pro-cyclical monetary policy in the presence of informal sector and firm level constraint is analysed. The findings suggest that in case of export demand shock pro-cyclical monetary pol...

by Waqas Ahmed | On 21 Mar 2016

Review and Compendium of Environmental Policies and Laws in Bhutan

This review and compendium of our country’s environmental laws, policies, and regulations aims to enhance the accessibility to information by judges, lawyers, government officials, and stakeholders in...

by Antonia Gawel | On 18 Mar 2016

Money Matters Local Government Finance in the People's Republic of China

Public finance systems in the People’s Republic of China (PRC) have evolved substantially over the last three decades. The evolution is continuing, with wide-ranging reforms in budget and debt managem...

by Asian Development Bank Institute | On 18 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

Budget Speech Andhra Pradesh 2016-17

Budget Speech of Yanamala Ramakrishnudu Minister of Finance.

by Yanamala Ramakrishnudu | On 16 Mar 2016

Environmental Policy in a Federation with Special Interest Politics and Inter-governmental Grants

The paper explores the potential effect of intergovernmental grants (IGG) on sub-national (local) environmental policy in a federal structure. In the model, a politically-inclined local government rec...

by Divya Datt | On 15 Mar 2016

Corporate Governance, Competition and Firm Performance: Evidence from India

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

by Manoj Pant | On 15 Mar 2016

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

Capital Flows and the Impossible Trinity: The Indian Experience

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

by Abhijit Sen Gupta | On 15 Mar 2016

Financial Soundness Indicators for Financial Sector Stability in Vietnam

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

by Asian Development Bank Institute | On 15 Mar 2016

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

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

by Asian Development Bank Institute | On 15 Mar 2016

Investing in Natural Capital for a Sustainable Future in the Greater Mekong Subregion

The Greater Mekong Subregion (GMS) is poised to continue developing at a significant pace. The subregion is well placed to benefit from the emerging Association of Southeast Asian Nations Economic Com...

by Asian Development Bank Institute | On 15 Mar 2016

Improving Interchanges Introducing Best practices on Multimodal Interchange Hub Development in the People's Republic of China

This report discusses the experiences and commonly encountered issues when developing railway interchange hubs. It proposes basic design principles as well as research approaches. The report focuses o...

by Asian Development Bank Institute | On 15 Mar 2016

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

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

by Asian Development Bank Institute | On 15 Mar 2016

Financial Soundness Indicators for Financial Sector Stability in Bangladesh

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

by Asian Development Bank Institute | On 15 Mar 2016

The End of Japan’s Nuclear Renaissance? Not Just Yet.

The 9.0 magnitude earthquake and subsequent tsunami that severally damaged the Fukushima nuclear plant have been described as ending the ‘nuclear renaissance’ in Japan. The government is in a hard pla...

by | On 14 Mar 2016

Japan’s ODA Still Going Strong

In the 1990s, Japan was the world’s top donor. This position was lost in 2001, after a prolonged economic slump, a deteriorating fiscal situation, and increasingly critical public view of ODA made the...

by | On 14 Mar 2016

The Poverty Paradox – And How to Address It

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

by | On 14 Mar 2016

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

Debt Dynamics, Fiscal Deficit, and Stability in Government Borrowing in India: A Dynamic Panel Analysis

Despite the initiatives of the Finance Commission of India, fiscal performance has been deteriorating and increasingly diverging across Indian states. Given that the state governments are endowed with...

by Panchanan Das | On 14 Mar 2016

US-WTO Shadow on India’s Solar Power Plans

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

by D Raghunandan | On 14 Mar 2016

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

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

by Sreejata Banerjee | On 13 Mar 2016

Shale Gas: The Key in the US’ Asia Pivot?

The “shale gas revolution” in the US could provide significant leverage in the US “pivot” to Asia. As China looks to absorb the technological know-how of shale gas extraction from North America, great...

by | On 12 Mar 2016

China and North Korea: A Relationship in Transition?

Military tensions on the Korean Peninsula have been escalating for several months now. The latest events with the missile launches and newly released reports on the abduction of Chinese fishermen by N...

by | On 12 Mar 2016

China and Vietnam: Managing Tensions in Troubled Waters

In spite of competing claims over the Spratly and Paracel Archipelagoes and maritime areas in the South China Sea, China and Vietnam have sought, with some degree of success, to manage their tensions...

by Ramses Amer | On 12 Mar 2016

Desecuritizing the Kurdish Question and Emerging Regional Dynamics

Desecuritizing the Kurdish question has become a priority for Turkey’s AKP government as it seeks to enter into a domestic “solution process” with the PKK. However, emerging dynamics in Iraq and Syria...

by | On 12 Mar 2016

Tensions in Cyberspace: Toward a Code of Conduct

The row between the United States and China, caused by the indictment of five Chinese military officers on account of cyberespionage against private companies in the U.S., illustrates the importance o...

by | On 12 Mar 2016

Empowering Tamil Women: Recovery in Post-conflict Sri Lanka

More than five years after the Sri Lankan government’s victory over the LTTE insurgency, billions of dollars have been invested in infrastructure development projects in war-ravaged northern Sri Lanka...

by | On 11 Mar 2016

Biofuel Feedstock Cultivation in India: Implications for Food Security and Rural Livelihoods

Biofuels are acquiring importance due to their potential to mitigate greenhouse gas emissions. The two most important biofuels – viz., bioethanol and bio-diesel, are largely considered supplementary t...

by K.S. Kavi Kumar | On 11 Mar 2016

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

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

by Sowmya Dhanaraj | On 11 Mar 2016

Efficiency in Education Sector: A Case of Rajasthan State (India)

In this paper, considering the district level variations in literacy and other pertinent socio-economic variables we explore whether efficiency in education in district level enrolments is merely a re...

by Brijesh C. Purohit | On 11 Mar 2016

Mergers and Acquisitions in the Indian Pharmaceutical Sector

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

by Nikita Agarwal | On 11 Mar 2016

Analyzing the Water Footprint of Indian Dairy Industry

Water footprint is a multidimensional indicator, showing water consumption volumes by source and by type of pollution; all components of a total water footprint are specified geographically and tempor...

by Zareena Begum Irfan | On 11 Mar 2016

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

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

by Sreejata Banerjee | On 10 Mar 2016

Remorse and Reform: Abe's Stormy Spring

From apologizing for Japan’s wartime past to collective defense and FTA negotiations with the United States, Japan faces a number of contentious issues in the coming months that call into question Pri...

by | On 10 Mar 2016

Politicking and the Philippine Peace Process

Three months after a deadly clash in Mamasapano, the Philippine peace process is in danger. The hard-won gains of negotiations over the proposed Bangsamoro Basic Law (BBL)—the implementing piece of le...

by | On 10 Mar 2016

Myanmar’s Fragile Ceasefire

Resolving Myanmar’s protracted civil war is the country’s defining challenge. With declarations of support signed for a National Ceasefire Agreement, there is much optimism that Myanmar is finally on...

by | On 10 Mar 2016

Mitigating Militancy in Northwest Pakistan

Nearly three months on from the launch of Operation Zarb e Azb by Pakistan’s armed forces, this policy brief explores the problem of militancy in North Waziristan in northwest Pakistan. The author arg...

by | On 10 Mar 2016

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

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

by Shrabani Mukherjee | On 10 Mar 2016

Does Corporate Governance Matter in Determinants and Use of Cash: Evidence from India

Our study investigates the determinants and use of cash holdings by Indian companies. Using a large sample of manufacturing firms that are publicly traded on Bombay Stock exchange for the period of 19...

by Ekta Selarka | On 10 Mar 2016

Power Crisis in Pakistan: A Crisis in Governance?

The objective in this study is to examine the issues and constraints faced by the power sector in Pakistan. The paper will try to evaluate the reasons behind the current energy crisis despite present...

by Afia Malik | On 10 Mar 2016

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

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

by | On 09 Mar 2016

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

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

by Praveena Kodoth | On 09 Mar 2016

Challenges for Urban Local Governments in India

The findings of this study show that urban local governments in India continue to remain plagued by numerous problems, which affect their performance in the efficient discharge of their duties. These...

by Rumi Aijaz | 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

India’s Union Budget: Changing Scope and the Evolving Content

The paper reflects on the changing scope of the Union Budget and the Finance Minister’s speech and assesses the evolving content of these policy instruments in recent years. The analysis undertaken...

by | On 08 Mar 2016

Questioning Three Fundamental Assumptions in Financial Inclusion

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

by Philip Mader | On 08 Mar 2016

Mitigating the Financial Crisis in Asia

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

by S. Rajaratnam International Studies | On 06 Mar 2016

Labour migrants: diminished demand, diminished rights?

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

by S. Rajaratnam International Studies | On 06 Mar 2016

Nuclear-Public Relations Management In Southeast Asia

Due to the pragmatic need for ensuring energy security, governments of the Association of Southeast Asian Nations (ASEAN) have to date emphasised the potential economic and technological benefits of n...

by S. Rajaratnam International Studies | On 06 Mar 2016

The Nuclear Gravy Train: An Update on Southeast Asia

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

by S. Rajaratnam International Studies | On 05 Mar 2016

Fighting Corruption: A Test Case for Indonesia ... and Southeast Asia

Recent anti-corruption efforts by Indonesia have once again brought attention to the longstanding issue of corruption. Indonesia established the Corruption Eradication Commission or the KomisiPemberan...

by S. Rajaratnam International Studies | On 05 Mar 2016

Voluntary Compliance: Better Governance with Lesser Government

Analysed from various perspectives, the success of a recent experiment of regulating car traffic on the streets of India’s capital city of Delhi – in order to control air pollution – shows the possibl...

by Vinod Rai | On 04 Mar 2016

Transparency International Releases Its Corruption Perceptions Index 2010

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

by S. Rajaratnam International Studies | On 03 Mar 2016

Australian High Court Rules Refugee Swap with Malaysia Unlawful

The controversy surrounding the Australia¬Malaysia refugee swap agreement that would have seen 800 asylum seekers sent to Malaysia in exchange for 4,000 processed refugees took a decisive turn on 31...

by S. Rajaratnam International Studies | On 02 Mar 2016

An Asia Prepared for the Monsoon Season?

Several Asian countries have experienced flooding in recent weeks. While the monsoon rains – amplified by the La Nina effect -have been taking place as expected from the second to the third quarter o...

by S. Rajaratnam International Studies | On 02 Mar 2016

ENGOs’ Bitter Pill: Adapting to Incremental Climate (Governance) Change

Environmental non-governmental organisations (ENGOs) have often been depicted as a section of civil society that is highly critical of the lack of political will in addressing environmental issues. Th...

by Sofiah Jamil | On 02 Mar 2016

Myanmar’s National Reconciliation Process: A Positive for the Region?

Since taking office in March 2011, Myanmar’s new government has implemented a host of reforms. These include the release of some political prisoners,a lifting of restrictions on media freedoms, the...

by S. Rajaratnam International Studies | On 02 Mar 2016

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

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

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

Government Health Financing in India: Challenges in Achieving Ambitious Goals

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

by Peter Berman | On 01 Mar 2016

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

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

by Ehtisham Ahmad | On 01 Mar 2016

Decentralization and Local Service Provision : What Do We Know?

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

by Ehtisham Ahmad | On 01 Mar 2016

Effective Carbon Taxes and Public Policy Options: Insights from India and Pakistan

In this paper, we take as given the need for public action on climate change (see Stern, 2007), and that carbon taxation is one of the key instruments for influencing both behaviour of consumers and p...

by Ehtisham Ahmad | On 01 Mar 2016

Budget Speech of Madhya Pradesh 2016

Budget Speech of Finance Minister of Madhya Pradesh.

by Finance Minister of MP Govt of MP | On 01 Mar 2016

Comparative Analysis of Indonesian and Korean Governance

This paper overviews governance issues in Indonesia and Korea from a comparative perspective. To do so, the WGI (World Governance Index) developed by the World Bank is employed for a more objective an...

by Prof. Yunwon Hwang | On 01 Mar 2016

Vital Stats: Union Budget 2016-17

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

by Mandira Kala | On 01 Mar 2016

Financing Social Policy in the Presence of Informality

We present a framework for the analysis of tax and benefit policy in countries with significant informality. Our framework allows us to jointly analyse the e!ects of various taxes and benefits on ince...

by Ehtisham Ahmad | On 01 Mar 2016

Should China Revisit the 1994 Fiscal Reforms?

The 1994 Fiscal Reforms in China were spectacularly successful in meeting the immediate challenges that the economy faced at that time—a sharply dropping tax/GDP ratio, and limited ability of the cent...

by Ehtisham Ahmad | On 01 Mar 2016

Access to Finance: A Functional Approach to Supply and Demand

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

by Greg Fischer | On 29 Feb 2016

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

Will no One Plant a Tree in Indonesia? Yes, the Poor will, and on Islands not known for Their Forests: One Such is Timor

In this paper we explore an innovative approach to poverty reduction by the introduction of an agro-forestry variant of sustainable agricultural land technology among the rural farming population of a...

by Roger Montgomery | On 29 Feb 2016

Analysis of Catastrophic Health Financing by Key Institutions

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

by | On 29 Feb 2016

India First Biennial Update Report to the United Nations Framework Convention on Climate Change

The government recognizes the urgency and importance of the actions that need to be taken collectively to meet the ultimate objective of the Convention i.e. stabilizing greenhouse gas concentrations i...

by Ministry of Environment, Forests and Climate Chang GOI | On 29 Feb 2016

Narendra Modi, Mark II

Has Narendra Modi re-set his political sights? What's there in the Budget?

by T.N. Ninan | 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

Nuclear and safety: Can the Two Ever Meet?

In September, the Japanese government announced that it would phase out nuclear energy by 2040. Just one week later, it stepped back from specifying an explicit timeframe. The about-turn illustrates J...

by Lina Gong | On 27 Feb 2016

Can Indonesia advance the peace process in Mindanao?

In light of the recent violence that shook Zamboanga city in Mindanao in the southern Philippines, Indonesia’s offer to act as a peace broker between Manila and the Misuari¬led Moro National Liberat...

by S. Rajaratnam International Studies | On 27 Feb 2016

Basel Banking Norms – A Primer

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

by Akshay Uday Shenoy | On 27 Feb 2016

Financing of Urban Local Bodies in India

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

by Charan Singh | On 27 Feb 2016

Money, Output and Prices in India

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

by Charan Singh | On 27 Feb 2016

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

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

by Rohit Gupta | On 27 Feb 2016

Rohingya Muslims:Myanmar’s Forgotten People

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

by | On 26 Feb 2016

Whither Civil Society in Thailand?

Civil activism is looming over the Samak government. Although the Royal Thai army has remained in the barracks since the 2007 elections, they may become restive again. What is the position of civil so...

by | On 26 Feb 2016

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

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

by Ehtisham Ahmad | On 26 Feb 2016

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

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

by Ehtisham Ahmad | On 26 Feb 2016

The Dynamics of Global Oil Prices

Oil prices have declined in recent months in tandem with the slowdown in the global economy. Its significant tumble by more than 50 percent in a short span of three months has nonetheless triggered an...

by | On 25 Feb 2016

Protest Culture in Thailand

As the current anti-government demonstrations in Thailand enter a critical stage, the trend in Thai protests against the establishment, set since 1932, has been reinforced. The protesters are seeking...

by | On 25 Feb 2016

Post-Kyoto Protocol: Changing a Climate of Denial?

As governments gear up to meet in Copenhagen later this year to formulate a post-Kyoto Protocol framework on climate change, governments have been slow in translating scientific knowledge into policy...

by | On 25 Feb 2016

Government Debt

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

by Ministry of Finance GOI | On 25 Feb 2016

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

Nongovernment Reforestation in the Philippines: Review, Analysis, and Ways Forward

The study reviewed and assessed nongovernment reforestation in the Philippines vis-a-vis government and total reforestation using primary and secondary data. The end purpose was to identify issues and...

by Danilo C. Israel | On 25 Feb 2016

Indian Railway Budget Speech 2016-17

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

by Suresh Prabhakar Prabhu | On 25 Feb 2016

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

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

by S. M. Hussain | On 25 Feb 2016

Trade Policy at the Cross-Roads

It is now widely agreed that the World Trade Organization (WTO) is in trouble, struggling to deliver the national rewards available from liberalising through multilateral negotiations. Prime Minister...

by Bill Carmichael | On 25 Feb 2016

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

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

by Abid Burki | On 24 Feb 2016

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

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

by Ramgopal Agarwala | On 24 Feb 2016

Recent Trends in China’s Trade

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

by Alice Wang | On 24 Feb 2016

Lifting the Lid Off Xinjiang’s Insecurities

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

by | On 24 Feb 2016

Ketsana and its Aftermath: Lessons on Social Resilience

Typhoon Ketsana in the Philippines has exposed both the weaknesses of government-led disaster preparations and the strengths of civil society in responding to the crisis. Clearly planning for disaster...

by | 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

Regional Cooperation towards Multilateral Arrangements on Agriculture, Labour, and Environment in the Context of Globalisation: The Case of Indonesia

This study looks at Indonesia’s commitments to multilateral trade agreements, and assesses policies adopted by the government to meet the criteria set by those agreements. Particularly, three sectors...

by Titik Anas | On 24 Feb 2016

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

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

by Oscar F. Picazo | On 24 Feb 2016

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

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

by Jose Ramon G. Albert | On 24 Feb 2016

Gajah Securing the Future for the Elephants in India

Despite best efforts of the government, the society and the people at large, elephant conservation still remains an uphill task. This report makes a number of useful recommendations for institutionali...

by Ministry of Environment and Forests | On 24 Feb 2016

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

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

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

Growth and CO2 Emissions: How Does India Compare to Other Countries?

The key question therefore is what India, as a member of the global community which is to collectively address the global challenge of climate change, can be expected to do?and what it has been alread...

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

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

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

by Kevin Davis | On 24 Feb 2016

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

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

by | On 23 Feb 2016

Beyond Petroleum: Limits of Risk Management

The cost of the BP oil leak in the Gulf of Mexico has now surpassed the US$3bn mark. That may prove to be a drop in the ocean compared to what will come if governments, businesses and civil-society gr...

by | On 23 Feb 2016

Financial Institutions and Structures for Growth in East Asia

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

by Jenny Corbett | On 23 Feb 2016

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

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

by | On 23 Feb 2016

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

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

by Prakash Nelliyat | On 23 Feb 2016

Arsenic Poisoning of Water in Bangladesh

Arsenic poisoning of water is a serious problem in Bangladesh. It has significantly negative physical and social impact. There is an urgent need for the government to take effective steps to salvage t...

by | 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

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

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

by Aekapol Chongvilaivan | On 23 Feb 2016

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

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

by Kanit Sangsubhan | On 23 Feb 2016

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

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

by Adele Poskitt | On 23 Feb 2016

International Monetary Reform: A Critical Appraisal of Some Proposals

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

by Yung Chul Park | On 22 Feb 2016

Central Banking for Financial Stability in Asia

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

by Masahiro Kawai | On 22 Feb 2016

Differentiated Policies: Indonesia’s International Leadership and Internal Challenges

Indonesia’s position as a regional champion of democracy and human rights has become prominent in international forums since the resignation of President Suharto in 1998 and the subsequent period of i...

by Alistair D.B. Cook | On 22 Feb 2016

Tamil Nadu Interim Budget Speech 2016-2017

Budget speech by the Hon’ble Minister for Finance and Public Works, Government of Tamil Nadu

by O Panneerselvam | 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

An Examination of the Least Developed Countries in the IPCC AR5 WGII

The Fifth Assessment Report of Working Group II of the Intergovernmental Panel on Climate Change (IPCC AR5 WGII), on Impacts, Adaptation and Vulnerability, was released in March 2014. In providing the...

by Clare Stott | On 21 Feb 2016

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

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

by Maria Pinglo | On 21 Feb 2016

Preferential Trading In South Asia

This paper examines the economic case for the South Asia Free Trade Area (SAFTA) Agreement signed on January 6 th, 2004 by India, Pakistan, Bangladesh, Sri Lanka, Nepal, Bhutan, and the Maldives. It s...

by Tercan Baysan | On 21 Feb 2016

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

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

by Xavier Giné | On 21 Feb 2016

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

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

by Tarisa Watanagase | On 21 Feb 2016

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

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

by Hiro Ito | On 21 Feb 2016

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

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

by Hal Hill | On 21 Feb 2016

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

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

by Tanai Khiaonarong | On 21 Feb 2016

Asian Monetary Integration: A Japanese Perspective

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

by Masahiro Kawai | On 21 Feb 2016

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

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

by Yoshikazu Kobayashi | On 21 Feb 2016

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

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

by Luke Hurst | On 21 Feb 2016

A Position Paper on World Rice Futures

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

by | On 20 Feb 2016

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

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

by Sally Trethewie | On 20 Feb 2016

After Rio+20: What is ‘The Future We Want’?

The world’s biggest summit on environment and development in 20 years wrapped up last Friday in Rio de Janeiro, Brazil. Has the outcome of Rio+20 managed to meet its promise?

by | On 20 Feb 2016

Myanmar: Learning from the Philippines’ Democratic Transition

In pursuing democratic reforms, Myanmar may take a leaf from the experience of the Philippines’ difficult transition from authoritarianism to democracy. But as demonstrated by the Philippine case, dem...

by | On 20 Feb 2016

Role of Experts in Policy Advice: Lessons of Experience

The policymaking in modern states is highly complex and requires a high degree of expertise and knowledge, which was not the case even 10, let alone 25 years ago. Partly in view of limited capacity in...

by Nurul Islam | On 20 Feb 2016

Reducing Indonesia’s Health Risks: Filtering a Smoke-Free ASEAN?

Despite a tobacco control bill, the holding of a tobacco exposition in Jakarta this week 19-21 September thwarts the Indonesian government’s smoke-free initiatives. The expo has the effect of making t...

by | On 19 Feb 2016

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

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

by | On 19 Feb 2016

Fostering Resilience Through Community Based Innovation

Based on her work experience in post-Katrina New Orleans and post-Sandy New York City, the Municipal Art Society of New York’s Director of Urban Resilience and Livability, Mary Rowe, discusses the rol...

by Mary Rowe | On 19 Feb 2016

A Comparative Study Of Mergers And Acquisitions By Privately- And State-Owned Enterprises

Governments have become much more welcoming towards foreign investors over the past several decades. The widespread use of screening, performance requirements, and outright restrictions on foreign own...

by Michael Gestrin | On 19 Feb 2016

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

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

by Xin Meng | On 19 Feb 2016

A Strategic Analysis of The Australian Foreign Investment Regime and The Prospect of Reform

This paper uses a strategic framework developed by Harvard’s Kennedy School of Government to assess whether Australia’s foreign investment regime is sufficiently delivering on its four main objectives...

by Alan Fels | On 19 Feb 2016

The Asian Infrastructure Investment Bank: Multilateralism On The Silk Road

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

by Mike Callaghan | On 19 Feb 2016

Civil Servants’ Salary Structure

The paper looks at the trends in nominal and real salaries of the Federal Government employees over the period 1990-2006. It examines the structural defects in the existing salary structure and the an...

by Faiz Bilquees | On 18 Feb 2016

The Federation Model Of Community Organizing

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

by | On 18 Feb 2016

Nuclear Energy in Southeast Asia: Public Engagement before Policies

Three years after the Fukushima nuclear disaster several Southeast Asian governments have revived their nuclear plans, with Vietnam leading the way for six nuclear plants. The moves have been galvanis...

by | On 17 Feb 2016

Towards an East Asian Financial Community: An Institutionalist Perspective

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

by | On 17 Feb 2016

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

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

by Abdul Qayyum | On 17 Feb 2016

The Relationship between Corporate Governance Indicators and Firm Value: A Case Study of Karachi Stock Exchange

It is investigated whether differences in quality of firm-level corporate governance can explain the firm-level performance in a cross-section of companies listed at Karachi Stock Exchange. Therefore,...

by Attiya Y. Javid | On 17 Feb 2016

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

Trade Liberalisation, Financial Development and Economic Growth

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

by Muhammad Arshad Khan | On 16 Feb 2016

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

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

by | On 16 Feb 2016

A New Series – Indonesia’s Haze and Disaster Governance Deficit

The current Southeast Asian haze problem is not a function of the lack of commitment on the part of President Jokowi’s government. The ineffectiveness of forest fire prevention and response lies deepe...

by | On 16 Feb 2016

Citizen-Led Accountability and Inclusivity in Pakistan

This ‘theory in practice’ paper examines the experiences of citizens groups seeking to hold Pakistan’s elected representatives and governance institutions accountable. A sustained period of democracy,...

by | On 16 Feb 2016

Impact of Export Subsidies on Pakistan’s Exports

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

by Nadeem Ul Haque | On 16 Feb 2016

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

Delivering Access to Safe Drinking Water and Adequate Sanitation in Pakistan

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

by Faheem Jehangir Khan | On 16 Feb 2016

Exchange Market Pressure and Monetary Policy: Evidence from Pakistan

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

by M. Idrees Khawaja | On 16 Feb 2016

Health Care Services and Government Spending in Pakistan

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

by Muhammad Akram | On 16 Feb 2016

National Finance Commission Awards in Pakistan: A Historical Perspective

This study explores the evolution of fiscal resource distribution in Pakistan. Pakistan is a federation comprising four provinces, federally administered areas, and the Islamabad Capital Territory. Be...

by Iftikhar Ahmed | 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

Economic Stability and Choice of Exchange Rate Regimes

The purpose of this paper is to emphasize the importance of Europe’s structural problems and governance as the cause of the current euro area crisis. The euro may have led to bubbles, but member econo...

by Sahoko Kaji | On 16 Feb 2016

Global Implications of the Renminbi’s Ascendance

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

by Eswar Prasad | On 16 Feb 2016

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

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

by ll Houng Lee | On 16 Feb 2016

Financial Stability and Financial Inclusion

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

by Peter J. Morgan | On 16 Feb 2016

Hometown Investment Trust Funds: An Analysis of Credit Risk

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

by Naoyuki Yoshino | On 16 Feb 2016

Myanmar: The Key Link between South Asia and Southeast Asia

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

by Hector Florento | On 16 Feb 2016

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

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

by Suthiphand Chirathivat | On 16 Feb 2016

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

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

by Georg Inderst | On 16 Feb 2016

Monetary Policy Objectives in Pakistan: An Empirical Investigation

The Taylor rule (1993) focuses only on two objectives: output and inflation. In practice, the central bank’s loss function (especially in developing countries) contains objectives other than these two...

by Wasim Shahid Malik | On 15 Feb 2016

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

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

by Attiya Y. Javid | On 15 Feb 2016

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

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

by Sayera Younus | On 15 Feb 2016

Mainstreaming Children in the Union Budget 2016-17: The ‘Mantra’ of Inclusive Development

in order to ensure the inclusion and social security of children, the Central government must pay attention to the concerns raised by Sates and the upcoming Union Budget must include some of the point...

by Kumar Shailabh | On 15 Feb 2016

Interest Rate Spread in Bangladesh: An Analytical Review

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

by Shamim Ahmed | On 15 Feb 2016

Recent Experiences in the Foreign Exchange and Money Markets

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

by Md. Habibur Rahman | On 15 Feb 2016

Inflation in Bangladesh: Supply Side Perspectives

This policy note is an exploratory attempt to verify the popular argument that cost side factors are no less contributory than demand side factors in stimulating inflation in the Bangladesh economy. T...

by Md. Alauddin Majumder | On 15 Feb 2016

Tax Expenditures in Bangladesh: An Introductory Analysis

This policy note attempts to introduce the concept and size of tax expenditures in the context of Bangladesh with special references to experiences of India and Pakistan. It shows that the amount of t...

by M. Golam Mortaza | 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

Judicial Accountability and Discipline

The judiciary needs to be independent of outside influence, particularly of political and economic entities such as government agencies or industry associations. But judicial independence does not mea...

by Transparency International TI | On 14 Feb 2016

Public Provision of Education and Government Spending in Pakistan

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

by Muhammad Akram | On 14 Feb 2016

Income, Public Social Services, and Capability Development: A Cross-district Analysis of Pakistan

Is household income enough for human development or should government direct resources towards the provision of social services to improve capabilities of individuals? The former is emphasised by the...

by Rizwana Siddiqui | On 14 Feb 2016

The Afghanistan–Pakistan Challenge: Meeting Humanitarian Needs

For Campaign 2012, Bruce Riedel and Michael O’Hanlon wrote a policy brief proposing ideas for the next president on America’s foreign policy toward Afghanistan and Pakistan. The following paper is a r...

by Elizabeth Ferris | On 14 Feb 2016

The Political Games in the Taliban Negotiations

That the Taliban has agreed to negotiations is not surprising. It has much to gain from participating in negotiations – yet almost no incentives to agree to any sort of a deal before 2015. Nor should...

by Vanda Felbab-Brown | On 14 Feb 2016

Afghanistan’s Deep Challenges and Transition Opportunities

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

by Vanda Felbab-Brown | On 14 Feb 2016

Bilateral J-Curves between Pakistan and Her Trading Partners

Earlier studies that investigated the J-Curve phenomenon for Pakistan employed aggregate trade data. These studies suffered from the “aggregation bias” problem. In order to overcome this constraint, t...

by Zehra Aftab | On 14 Feb 2016

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

Let Them Fly - A Multi-Agency Response to Child Marriages in Haryana

The Prohibition of Child Marriages Act (PCMA), 2006 came into effect on 1 November, 2007 replacing the Child Marriage Restraint Act of 1929. PCMA is a social re-engineering mechanism which mandates St...

by Trupti Jhaveri Panchal | 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

Pharmaceutical policy study in Hong Kong

The objective of this study is to achieve contextual understanding of pharmaceutical policymaking in Hong Kong by describing its processes and explaining how policymaking works. There are two stages i...

by Benjamin Chan | On 13 Feb 2016

Public Policies For Facilitating Medical Tourism Industry In Asia

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

by Vinay Singh | On 13 Feb 2016

Dietary Diversity in the Everyday Lives of Children in Andhra Pradesh and Telangana, India

This paper investigates young people’s and their caregivers’ experiences of food insecurity, diet and eating practices in Andhra Pradesh and Telangana. It also provides original child-focused evidence...

by Elisabetta Aurino | On 13 Feb 2016

Social Networks in India: Caste, Tribe and Religious Variation

Using original data from a newly collected nationwide survey for 40,000 households in India, we examine variation in social capital in India across caste, tribe, and religion. Our primary measure uses...

by Reeve Vanneman | On 13 Feb 2016

Global Corruption Barometer 2009

Transparency International’s (TI) 2009 Global Corruption Barometer (the Barometer) presents the main findings of a public opinion survey that explores the general public’s views of corruption, as well...

by Transparency International TI | On 12 Feb 2016

Regulating the Revolving Door

The increased interaction between business and government – as result of privatisations, lobbying and public contracting - has meant increased opportunities for corruption. Conflicts of interest, and...

by Transparency International TI | On 12 Feb 2016

Corruption and Public Procurement

Public procurement impacts people’s lives and accounts for a big share government budgets. The large monetary transactions involved make the risk of abuse high and the need for anti-corruption safegua...

by Transparency International TI | On 12 Feb 2016

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

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

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

There's No Such Thing as a Free Lunch!

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

by Tulsi Jayakumar | On 11 Feb 2016

Towards Fiscal Consolidation and a Simplified Tax Structure?

The forthcoming union budget 2016-17 faces several fiscal challenges and it will be tough task for the government to provide positive signals to revive the private investment while pursuing the fiscal...

by Pratap Jena | On 11 Feb 2016

Fast-tracking Green Patent Applications: An Empirical Analysis

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

by | On 10 Feb 2016

Life and Work in Jeedimetla: A Montage

The workers have to put up with poor housing and living conditions that cramp and disrupt their family lives. There is no government plan to house these workers when industrial areas like in Jeedimetl...

by Mithun Som | On 09 Feb 2016

Addressing Health Inequities through Community-led Advocacy in Bangalore: Experiences, Successes and Challenges

Like other cities, Bangalore suffers from fragmentation of government health services, with institutions and outreach services run by BBMP, the State Health Department, the State Medical Education d...

by Sudha Nagavarapu | 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

Representative versus Responsible Government

The changing circumstances in which parties compete in contemporary democracies, coupled with the changing circumstances in which governments now govern, have led to a widening of the traditional gap...

by | On 08 Feb 2016

An Index of Fiscal Democracy

Over the past four decades, the accumulation of policy legacies and public debt has led to a decline in fiscal flexibility in Germany and the United States. By applying an index of fiscal democracy to...

by | On 08 Feb 2016

Addressing Barriers to Digital Trade

This paper addresses the question of whether it is possible to balance the need for a free flow of information across borders with legitimate government concerns related to public order, consumer priv...

by | On 08 Feb 2016

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

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

by UN Women | On 08 Feb 2016

Statement 22: Recognition of Budget for Children in India

This paper traces the process of recognition of children’s budget and the introduction of Statement 22- Budget Provisions for Schemes for the Welfare of Children in the Expenditure Budget Volume 1. I...

by HAQ Centre for Child Rights HAQCRC | On 08 Feb 2016

Leader Networks and Transaction Costs: A Chinese Experiment in Interjurisdictional Contracting

Do leader networks promote efficient intergovernmental contracts? We examine a groundbreaking policy in China where subprovincial governments freely traded land conversion quotas and investigate the r...

by Nancy H. Chau | On 07 Feb 2016

Daily Lives And Corruption: Public Opinion In South Asia

Between 2010 and 2011, more than 7500 people were interviewed in six South Asian countries – Bangladesh, India, Maldives, Nepal, Pakistan and Sri Lanka – on their views of corruption levels in their c...

by Transparency International TI | On 06 Feb 2016

Tackling Forestry Corruption Risks In Asia Pacific

This report is based on research carried out in five Asia Pacific countries – China, Indonesia, Malaysia, Papua New Guinea and the Solomon Islands. This document should serve as an instrument to help...

by Transparency International TI | On 06 Feb 2016

Looking Beyond 2015: A Role For Governance

The year 2015 signals the end date for development commitments that global leaders first made at the United Nations (UN) in 2000: the Millennium Development Goals (MDGs). As the world looks beyond 201...

by Transparency International TI | On 06 Feb 2016

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

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

by Abdul Rashid | On 06 Feb 2016

Impact of Financial Liberalisation and Deregulation on Banking Sector in Pakistan

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

by Kalbe Abbas | On 06 Feb 2016

A Dynamic Macroeconometric Model of Pakistan’s Economy

In this study, an attempt has been made of develop a dynamic macroeconometric model of Pakistan’s economy to examine the behaviour of major macroeconomic variables such as output, consumption, investm...

by Muhammad Arshad Khan | On 06 Feb 2016

Urban Poverty in Nepal

This research report tracks various aspects of poverty in Nepal across geographical areas and evaluates the rise of squatter settlements. It also looks at various dimensions of poverty, resilience for...

by Shivit Bakrania | On 05 Feb 2016

Bangladesh National Integrity System Assessment 2014

One of the key strategic areas of Transparency International Bangladesh's research has always been the institutions of democracy and specialized pillars of governance and accountability, which constit...

by Transparency International TI | On 05 Feb 2016

Fighting Corruption in South Asia: Building Accountability

Hardly a speech is delivered in South Asia without mention of the need to fight corruption in the region. Yet despite the lofty promises, corruption is on the rise. This report shows how a serious lac...

by Transparency International TI | On 05 Feb 2016

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

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

by Transparency International TI | On 05 Feb 2016

Incentivising Integrity in Banks

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

by Transparency International | On 05 Feb 2016

People and Corruption: Africa Survey 2015 – Global Corruption Barometer

For the latest African edition of the Global Corruption Barometer, we partnered with the Afrobarometer, which spoke to 43,143 respondents across 28 countries in Sub-Saharan Africa between March 2014 a...

by Transparency International | On 03 Feb 2016

Assessment of the Bhutan Anti-Corruption Commission 2015

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

by Transparency International | On 03 Feb 2016

Inter-linkage between Foreign Direct Investment and Foreign Trade in Pakistan: Are they Complements or Substitute?

This study tries to investigate the inter-linkage between foreign trade and Foreign Direct Investment (FDI) in case of Pakistan. Annual data for the period 1985–2010 have been considered for eight maj...

by Unbreen Qayyum | On 03 Feb 2016

Foreign Aid and the Fiscal Behaviour of Government of Pakistan

This study examines the effect of foreign aid on the fiscal behaviour of the Government of Pakistan. It applies the Autoregressive Distributed Lag model to analyse the relationship that prevailed betw...

by Rabia Butt | On 03 Feb 2016

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

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

by Yasmeen Akhtar | On 03 Feb 2016

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

Remittances and Economic Growth: The Role of Financial Development

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

by Unbreen Qayyum | On 03 Feb 2016

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

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

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

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

by Haris Arshad | On 03 Feb 2016

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

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

by Madiha Bashir | On 03 Feb 2016

Building Genuine Islamic Financial Institutions

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

by Asad Zaman | On 03 Feb 2016

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

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

by Nancy Birdsall | On 03 Feb 2016

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

Explaining the de facto Open-access of Public Property Commons

Public property common pool resources in many developing countries are manage them in a sustainable manner. While this explanation may have some merit, it is certainly inadequate. Instead, we argue th...

by Junaid Memon | On 03 Feb 2016

The Relationship between Disaggregate Energy Consumption, Economic Growth and Environment for Asian Developing Economies

This study evaluates the link between disaggregate energy consumption (coal, petroleum, electricity, renewable energy consumption), economic growth and environment for Asian Developing countries. Coin...

by Ali Cheema | On 03 Feb 2016

An Analysis of Accrual Anomaly in Case of Karachi Stock Exchange

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

by Jawad Mohammad | On 03 Feb 2016

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

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

by Syed Akther Shah | On 02 Feb 2016

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

Financial Incentives to Industry

This paper provides details of the decisions made by the Environment Standards Committee (ESC) on Financial Incentives to industry. It also documents the progress made so far in the implementation of...

by Abdul Khan | On 02 Feb 2016

Towards a Framework for Achieving Food Security in the Mountains of Pakistan

The agriculture sector in Pakistan sustains the livelihoods of 45 per cent of the national population. Both the direct and indirect contributions of the agriculture sector to overall growth and wellbe...

by Golam Rasul | On 02 Feb 2016

The Copts of Egypt: "State Discrimination and Exclusion"

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

by | On 02 Feb 2016

The 2014 Arab Opinion Index

The 2014 Arab Opinion Index is the third annual survey of Arab public opinion carried out by the Arab Center for Research and Policy Studies. In 2011, the survey was carried out in 12 Arab countries,...

by Arab Center for Policy Studies | On 02 Feb 2016

Pushing the Debate on Public Health

In honour of Krishna Raj, the legendary editor of Economic and Political Weekly, the Anusandhan Trust established the Krishna Raj Memorial Lecture series on Health and Social Sciences. This year’s lec...

by Padma Prakash | On 02 Feb 2016

Remittances: An Unrecognised Support Mechanism During Humanitarian Crises

Remittances – money sent home by migrants – can help families survive conflicts or natural disasters. However, humanitarian agencies often fail to consider remittances when planning interventions. Thi...

by Paul Harvey | On 01 Feb 2016

The Role of NGOs In Conflict and Peace-Building

Non-government organisations (NGOs) have become increasingly involved in the international response to armed conflict, some aiming to mitigate the effects of war and others to help end the violence. B...

by Jonathan Goodhand | On 01 Feb 2016

Making it Safer to Cross Waterways in Sri Lanka

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

by Granie Jayalath | On 01 Feb 2016

Developing Technologies for Sustainable Fisheries in Asia

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

by The WorldFish Center TWC | On 01 Feb 2016

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

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

by Neil McCulloch | On 01 Feb 2016

Water Policy Brief : Water Policy Programme

Access to clean water is central to healthy and productive lives for the poor. Yet at the beginning of the 21st Century over one billion people still lack this vital resource (WWC, 2000). A decade ago...

by Water Policy Programme WPP | On 01 Feb 2016

Pensions at a Glance: Asia/ Pacific

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

by OECD Development Centre | On 01 Feb 2016

The Israeli Policy of Nuclear Ambiguity

The Israeli policy of nuclear ambiguity was developed in the 1960s, and is still followed by the Israeli government. This study seeks to uncover the origins of this policy and the domestic and externa...

by | On 01 Feb 2016

Financial Reforms - Past and Present

Industrial countries are still struggling, with a few exceptions, to grow. Our fellow BRICS all have deep problems, with confidence about China waxing and waning. India appears to be better in this l...

by Raghuram G. Rajan | On 01 Feb 2016

Research Imperatives for the Indian Banking Sector

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

by S.S. Mundra | On 01 Feb 2016

Employment Exchanges

Data about employment exchanges, how they function and suggestions for improvement are given here.

by Aarti Salve | On 01 Feb 2016

A Taste of Success: Examples of the Budget Work of NGOs

This report is a compilation of examples of the budget work undertaken by nongovernmental organizations from around the world. Although many of these organizations are new to budget analysis, they h...

by International Budget Partnership IBP | On 01 Feb 2016

Pensions at a Glance: Asia and Pacific

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

by OECD Development Centre | On 31 Jan 2016

Sri Lanka’s North : The Denial Of Minority Rights

Deepening militarisation and the lack of accountable governance in Sri Lanka’s Northern Province are preventing a return to normal life and threaten future violence. Scene of the most bitter fighting...

by International Crisis Group | On 31 Jan 2016

A Global Green New Deal for Sustainable Development

Seventy-six years ago, in the midst of the Great Depression, the United States government introduced the New Deal. The New Deal effectively harnessed the fiscal stimulus for environmental as well as d...

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

The Trillion Dollar Plan

The rapidly unfolding global financial and economic crisis will severely disrupt economic growth worldwide, affect the livelihoods of billions around the world and endanger progress toward the poverty...

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

Off-shoring, Insecurity and the Protectionist Threat

The financial crash of 2008 threatens economic insecurity in industrialized countries to an extent not experienced since the Great Depression. But as discussed in the World Economic and Social Survey...

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

Can we Avert the Next Dollar Crisis?

Are we heading towards a hard landing of the United States dollar? In recent months, the value of the dollar approached another historic low vis-à-vis other major currencies. This contrasts with the i...

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

Till Debt do us Part: the Urgency of a Sovereign Debt Workout Mechanism

The danger to global economic recovery posed by the European debt turmoil throws a spotlight on a key missing international institution critical to global finance a sovereign debt resolution mechanism...

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

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

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

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

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

A Truly Green Agricultural Revolution is Needed

The recent food price spikes have exposed deep structural flaws in the world food system. Although increased financial speculation in commodity futures and options markets seems to have amplified shor...

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

Can a Protracted Slowdown be Avoided?

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

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

The Potential of Financial Transaction Taxes for Development Financing

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

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

Policies for Industrial Learning in China and Mexico

In this paper a comparative analysis of the role of government policies in industrial learning and the development of capabilities of indigenous firms in Mexico and China in order to shed light on why...

by Kevin P. Gallagher | 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

Sri Lanka and the 13th Amendment: Tamil Disenchantment

In order to understand the policies and programmes of the present Government, it is necessary to highlight the basic transformation that has taken place in the Island Republic. Chandrika Kumaratunga a...

by Suryanarayan V. | On 31 Jan 2016

Parliamentary Oversight and Social Accountability

Parliamentary oversight is one of the cornerstones of democracy. John Stuart Mill asserted that the most appropriate tasks of a representative body are to : oversee and clarify the government actions,...

by BRAC University | On 30 Jan 2016

Organizational and Institutional Issues in Climate Change Adaptation and Risk Management

This report provides some reflections and insights on the level of awareness, practices, and organizational and institutional issues being faced by countries as they adapt to climate change, based on...

by Catherine Ragasa | On 30 Jan 2016

The Women’s Empowerment in Agriculture Index

The Women’s Empowerment in Agriculture Index (WEAI) is a new survey-based index designed to measure the empowerment, agency, and inclusion of women in the agricultural sector. The WEAI was initially d...

by Sabina Alkire | On 30 Jan 2016

Voice And Accountability In The Health Sector

The study was carried out in the Mbarali District of Tanzania. A qualitative study design was used. In-depth interviews and focus group discussion were conducted among members of the district health t...

by Health & Education Advice & Research Team HEART | On 30 Jan 2016

Does Governance Matter for Enhancing Trade? Empirical Evidence from Asia

The primary objective of this paper is to find whether or not the governance and institutions matter for enhancing Asia’s trade. In this study, we have performed a comprehensive empirical analysis of...

by Prabir De | On 30 Jan 2016

Are Trade Openness and Financial Development Complementary?

Trade liberalization and financial deepening have assumed greater significance for a country’s economic growth performance in recent times. This paper finds that trade openness and financial developme...

by Ram Upendra Das | On 30 Jan 2016

Relationship between Credit Rating, Capital Structure and Earning Management Behaviour: Evidence from Pakistani Listed Firms

Credit ratings have become a widely accepted measure of firms’ creditworthiness in financial markets. The present study aims to examine the impact of external credit ratings on the financial structure...

by Shoaib Ali | On 30 Jan 2016

A Report on the Status of Pardhis in Mumbai City

Owing to a dearth of government data and research studies on the urban existence of Pardhis, one of the principal aims of this study was to render visibility to the issue.

by Paankhi Agrawal | On 30 Jan 2016

Women's Leadership and Corporate Performanace

Is leadership diversified in Asian corporate boardrooms? How is gender diversity in corporate leadership associated with financial performance? What is the magnitude of potential gain by allocating hu...

by Meijun Qian | On 30 Jan 2016

Poverty-Environment Nexus An Investigation of Linkage and Policy Implications

The present paper titled Poverty-Environment Nexus: An Investigation of Linkage and Policy Implications has been prepared under the CPD-UNDP collaboration programme on Pro-Poor Macroeconomic Policies...

by Centre for Policy Dialogue CPD | On 29 Jan 2016

An Analysis of Pegged Exchange Rate Between Bhutan and India

This paper analyzes the applicability of the theory of optimum currency area to the pegged exchange rate regime between Bhutan and India. Most of the optimum currency criteria hold true for Bhutan and...

by Karma Galey | On 29 Jan 2016

Hard Law and ‘Soft Law’: Options for Fostering International Cooperation

Substantial literature has emerged in the past two decades on the meaning of “soft law”, its purposes, and its consequences for effective international cooperation. This paper argues that the distinct...

by | On 28 Jan 2016

Enhancing Coherence and Inclusiveness in the Global Trading System in the Era of Regionalism

Over the past two decades, regional trade agreements (RTAs) have proliferated alongside the WTO system, involving a wide variety of agreements. In the absence of significant progress on the multilater...

by | On 28 Jan 2016

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

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

by Mahmood Khwaja | On 28 Jan 2016

The Functioning of the WTO: Options for Reform and Enhanced Performance

The multilateral rules-based trading system has been crucial in helping states to cooperate and gradually open up borders to encourage trade and investment for development. It has contributed to tempe...

by | On 28 Jan 2016

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

Can Mandated Political Representation Increase Policy Influence for Disadvantaged Minorities? Theory and Evidence from India

A basic premise of representative democracy is that all those subject to policy should have a voice in its making. However, policies enacted by electorally accountable governments often fail to refle...

by Rohini Pande | On 28 Jan 2016

Consolidated Replies on State of the Sector Report 2012 for Microfinance

This document incorporates outputs of two discussions conducted on State of the Sector Report 2012. The summaries of the two discussions on SOS 2012 also find place in the State of the Sector Report...

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

Synthesis of Important Discussions on Livelihood and MF issues related to Domestic Workers

This publication focuses on the issues related to domestic workers such as financial inclusion of urban poor , issues related to identity proof for opening accounts in the banks, best practices for do...

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

Financial Inclusion and Livelihood Promotion of Rickshaw Pullers in India

The research study highlights the financial inclusion needs of cycle rickshaw pullers in India. These include access to service sectors; improvement of asset base; employment of their women; increase...

by | On 27 Jan 2016

Samruddhi - The Madhya Pradesh Model of Financial Inclusion

The report assesses the impact of Samruddhi- the Madhya Pradesh model of financial inclusion that aims to improve access of the state’s poor to finance. It examines the current level and pattern of ac...

by | On 27 Jan 2016

Payments Banks: Support Policy Framework for Enhancing Viability and Inclusion

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

by | On 27 Jan 2016

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

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

by | On 26 Jan 2016

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

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

by Robert Anderson | On 26 Jan 2016

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

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

by Kodjo Osei-Lah | On 26 Jan 2016

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

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

by Marc Auboin | On 26 Jan 2016

Charting the Evolving Landscape of Services Trade Policies: Recent Patterns of Protection and Liberalization

While greater focus has been cast on analysis of policy changes affecting trade in goods in the aftermath of the financial crisis, little is known about the direction of policies affecting trade in se...

by Martin Roy | On 26 Jan 2016

Covered or not Covered: That is The Question - Services Classification and Its Implications for Specific Commitments under the GATS

This paper attempts to make contribution by providing an overview of services classification and highlighting its relevance to both trade negotiations and WTO dispute settlement. It consists of four s...

by Ruosi Zhang | On 26 Jan 2016

Government Intervention and Prices of Medicines: Lessons from Tamil Nadu

This paper looks at the approach adopted by the government of Tamil Nadu where drug procurement and supply is done through an autonomous agency. The paper emphasises the need for such goverment interv...

by N. Lalitha | On 26 Jan 2016

Regulating Microfinance through Codes of Conduct: A Critical Review of the Indian Experience

The paper critically reviews the course of events that led to the development of codes of conduct for the microfinance industry in the country and examines their effectiveness in motivating microfinan...

by Tara S Nair | 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

Climate Change and Vulnerability in Bangladesh

It is predicted that climate change will aggravate the presence of sudden (e.g. cyclones, floods etc.) and chronic (e.g. drought, erosion) hazards to agrarian communities in Bangladesh. According to t...

by Md Maniruzzaman | On 23 Jan 2016

Climate and Development Outlook

This publication summarises CDKN’s partnership work with Bangladesh to date, highlighting key achievements and signposting further information. We are involved at many levels, by investing in policy-r...

by Climate and Development Outlook CDO | On 23 Jan 2016

From The Ground Up Changing The Conversation About Climate Change

The survey had two main aims – to provide a replicable baseline that could be measured over time and to inform the development of communication strategies in the future. The project has also developed...

by Stephan Faris | On 23 Jan 2016

Institutional Lending and Financing Policy for SMEs in Bangladesh

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

by Naima Nazneen Rikta | On 23 Jan 2016

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

Inflation Accounting Across Income Groups: Does Inflation Hurt the Poor More in Bangladesh?

This note provides estimates of the contribution of food prices to inflation in Bangladesh. The results suggest that the current inflation takes a bigger toll on the poor because they spend more of th...

by M. Golam Mortaza | 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

The SLR as a Monetary Policy Instrument in Bangladesh

The statutory liquidity requirement (SLR), as a monetary policy instrument, has experienced infrequent changes in Bangladesh. Past evidence shows that reduction in SLR produced positive impact on bank...

by Sayera Younus | On 23 Jan 2016

A Quick Analysis of Deposit Interest Rates Offered by Commercial Banks

The main purpose of the survey is to collect data on the extent of the mis-reporting of deposit interest rates, as accurate data is essential for effective financial and monetary policy.

by Md. Ezazul Islam | On 23 Jan 2016

India and the BRICS Partnership

India and its partners – Brazil, China, Russia and South Africa – in the BRICS forum have launched the New Development Bank. With the leaders of these countries, who recently met at Ufa in Russia, dis...

by | On 23 Jan 2016

India’s Latest GDP Growth Figures: Glaring Macroeconomic Concerns

A close analysis of India’s higher growth rate in the last financial year reveals some disturbing signs of emerging vulnerabilities on both the supply and demand sides of the macro-economy. Stagnant a...

by | On 23 Jan 2016

Better Ask the Parrot

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

by T.N. Ninan | On 23 Jan 2016

Ensuring Access for the Climate Vulnerable in Bangladesh

Drawing on secondary literature and interviews and discussions with community members, local government officials, and various experts, the report proposes a mechanism through which LGIs could provide...

by International Centre for Climate Change and Develo ICCCAD | 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

Impact of Climate Change on Least Developed Countries: Are The SDGs Possible?

The Sustainable Development Goals (SDGs) will define the priorities of the UN’s development agendabeyond 2015. But the reality of climate change impacts will render these aspirational goals almost imp...

by Intergovernmental Panel on Climate Change IPCC | On 23 Jan 2016

Social Cost-Benefit Analysis of Delhi Metro

The growing demand for public transport in mega cities has serious effects on urban ecosystems, especially due to the increased atmospheric pollution and changes in land use patterns. An ecologically...

by Rashmi Singh | 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

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

PDS ‘To Go’? ‘Portability’ of Rights through Real-time Monitoring: the Centralised Online Real-time Electronic PDS in Chhattisgarh, India

Information and communications technology (ICT)-based reforms are increasingly being used to improve the delivery of public services. The main question which the research reported here addressed is th...

by Anuradha Joshi | On 23 Jan 2016

Do Government Transfers Reduce Conflict?

Social conflicts have been solved through fiscal policy and the provision of public goods and services over the centuries. Data from India, too, show government expenditure on social services has had...

by Institute of Development Studies IDS | On 23 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

Community Based Women Empowerment Initiatives in India

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

by Global IPE | On 22 Jan 2016

India's Intended Nationally Determined Contributions

This document outlines one component of India’s INDC submission to the UNFCCC focussing on the renewable energy contribution to its future electricity mix. So far, the Government of India has articula...

by Sudatta Ray | On 22 Jan 2016

Fostering Synergy between Health and ICDS for Advancing Child Survival and Development

This case study was undertaken to understand and document the experiences of the Valsad district. The researchers spent two weeks in Valsad collecting data. Interviews were conducted with functionarie...

by Climate Modelling Forum CMF | On 22 Jan 2016

INDIA’S GHG Emissions Profile: Results of Five Climate Modelling Studies

The effort has been to ensure that these studies are fact-based and objective and are not seen as a “government study”. We believe that the debates and negotiations on climate change are best served b...

by Climate Modelling Forum CMF | On 22 Jan 2016

The Trans-Pacific Partnership: Implications for India

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

by Geethanjali Nataraj | On 21 Jan 2016

India and APEC An Appraisal

This Study surveys the progress that APEC has made towards promoting regional economic cooperation and integration. It examines the desirability of India joining APEC and looks at possible benefits an...

by V. S. Seshadri | On 21 Jan 2016

Access, Equity and Inclusion : Ethical Norms and S&T Policy Outcomes

In our research on science policy and inclusion and ethics in S&T policy we identified that in the Indian context Access, Equity and Inclusion (AEI) can be the norms to assess the policy outcomes and...

by Krishna Ravi Srinivas | On 21 Jan 2016

Accelerating Reductions in Undernutrition: What can nutrition governance tell us?

In order to accelerate progress on undernutrition reduction we need to understand how the governance of nutrition programmes leads to successful outcomes. Based on evidence from six countries: Banglad...

by Institute of Development Studies IDS | On 21 Jan 2016

Balancing State and Community Participation in Development Partnership Projects: Emerging Evidence from Indian SDPs in Nepal

This paper evaluates the impact and potential of development programmes known as Small Development Projects (SDPs), introduced by India as part of its development cooperation portfolio in Nepal. Throu...

by Sachin Chaturvedi | On 21 Jan 2016

Financial Crisis of 2008 and Shifting Economic Power Is there Convergence

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

by Manmohan Agarwal | On 21 Jan 2016

Rural Sanitation Transformation in Himachal Pradesh

The relationship between poor sanitation, water borne disease, mortality and malnutrition is well documented. Statistics about the number of deaths due to diarrhea as well as stunting caused by malnut...

by Deepak Sanan | On 19 Jan 2016

United Nations E-Government Survey 2014

E-government—digital interactions between governments and people—varies greatly among and within regions, but most countries are making progress on providing greater access, according to the 2014 UN E...

by United Nations (UN) | On 19 Jan 2016

Designing Nutrition-Sensitive Agriculture Investments

The present document is designed to serve as a tool to guide programme planners who are aiming to apply these recommendations in the design of agricultural investments and programmes. The persistence...

by Anna Lartey | On 19 Jan 2016

“If we eat well, we can study” Dietary Diversity in the Everyday Lives of Children in Andhra Pradesh and Telangana, India

This paper investigates young people’s and their caregivers’ experiences of food insecurity, diet and eating practices in Andhra Pradesh and Telangana. It also provides original child-focused evidence...

by Elisabetta Aurino | On 19 Jan 2016

Delhi’s Traffic Nightmare: Lessons from Global Practices

Delhi's traffic management is based on a system designed long before motor vehicle ownership in the city had reached its current mammoth size. This system is immensely inadequate to respond to the gro...

by prashant kumar | On 19 Jan 2016

Evolution of Capital Structure in East Asia: Corporate Inertia or Endeavours?

The present paper examines the capital structure adjustment dynamics of listed non-financial corporations in seven East Asian countries during 1994-2002. Compared to firms in the least affected countr...

by Sarmistha Pal | On 19 Jan 2016

Human Trafficking in Southeast Asia: Results from a Pilot Project in Vietnam

Human trafficking is one of the most widely spread and fastest growing crimes in the world. However, despite the scope of the problem, the important human rights issues at stake and the professed inte...

by Ngan Dinh | On 19 Jan 2016

Does Clientelism Work? A Test Of Guessability In India

Research on clientelism broadly assumes that local political agents, or brokers, possess fine-grained information on voters’ political preferences, and often can directly or indirectly monitor their v...

by Mark Schneider | On 18 Jan 2016

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

Transfer Behaviour in Migrant Sending Communities

We study how international migration changes the private transfers made between households in the migrant sending communities of developing countries. A priori, it is indeterminate whether migration a...

by | On 15 Jan 2016

Housing Policies in China: Issues and Options

This article consists in three parts. The first part deals with theory. We evaluate the pros and cons of government involvement in urban housing and of renting versus ownership. In the second part, we...

by Yves Zenou | On 14 Jan 2016

Broken Lives and Deserted Homes: Report on Exodus of Muslim Families from Atali

The following is a report based on PUDR’s repeated visits to Atali and its interactions with Muslim and Jat families over the last four months.

by PUDR Peoples Union for Democratic Rights | On 13 Jan 2016

Should Global Goal Setting Continue, and how, in the Post-2015 Era?

The Millennium Development Goals (MDGs) were introduced to monitor implementation of the United Nations Millennium Declaration which set out a vision for inclusive and sustainable globalization based...

by Sakiko Fukuda-Parr | On 13 Jan 2016

Recent Downturn in Emerging Economies and Macroeconomic Implications for Sustainable Development: A Case of India

The paper discusses the progress of Indian economy and its policies since the broadbased structural reforms initiated in 1991 with a special focus on the recent downturn following the global financial...

by | On 11 Jan 2016

The Impact of the Global Economic and Financial Crisis on the Youth and Children

How can young people and their future education and employment be put at the forefront of the solution to the current crisis as they represent the future of the world? These are some of the issues tha...

by Emmanuel Akoto | On 11 Jan 2016

Trade and Development Report, 2015

The Trade and Development Report (TDR) 2015: Making the international financial architecture work for development reviews recent trends in the global economy and focuses on ways to reform the internat...

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

India-Myanmar Ties: New Hope, Old Despair

India’s current trade negotiations have three agreements as top priorities. Two of these the India ASEAN services agreement and the bilateral trade and investment agreement with the European Union (EU...

by Laldinkima Sailo | 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

Indian agricultural development in the context of economic reforms. Causes of change and issues for a future reform agenda.

This work examines the influence of reforms in the 1990s regarding the agricultural development in India. Many studies have analysed the impact of these reforms but most of them focused on foreign tra...

by Marion Künzler | On 08 Jan 2016

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

Natural Resources Contested in Autonomous Councils: Assessing the Causes of Ethnic Conflict in North-East India

Constitutional arrangements for peripheral areas in India reflect the national government’s instrumentalist attempts at decentralising bureaucratic and administrative control in far-flung (essentially...

by Sanjay Barbora | On 08 Jan 2016

Impact of Participatory Forest Management on Financial Assets of Rural Communities in Northwest Pakistan

The system of participatory (or joint) forest management was commenced in the North West Frontier Province (NWFP) of Pakistan in 1996 through Asian Development Bank's funded project. These forest refo...

by Tanvir Ali | On 08 Jan 2016

Prevention and Resolution of Foreign Exchange Crises in East Asia

This paper discusses mechanisms to prevent and resolve foreign exchange crises in East Asia. Policies and mechanisms at the country level as well as regional and global levels are discussed. Policies...

by Andrew Cooper | On 07 Jan 2016

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

A Report on Fluorosis mitigation in Dhar District (M.P.)

Vasudha Vikas Sansthan with the help of Peoples’ Science Institute, Dehra Doon undertook fluoride testing and fluorosis mitigation in Tirala, Dharampuri and Umarban bloks of Dhar district. The program...

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

Collapsing ‘Government’, Emerging ‘Governances’

Contrary to widespread belief, the collapse of ‘government’ does not automatically entail the collapse of ‘governance’. In a setting of ‘unstable’ livelihoods, households’ coping strategies, coupled w...

by | On 07 Jan 2016

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

A Tortured History: Federalism and Democracy in Pakistan

This paper looks at the Pakistan Army’s ideological hegemony, especially in the country’s Punjabi-speaking heartland, the continuing focus on the state’s narrative of a religion-based unitary identity...

by | On 07 Jan 2016

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

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

by Woosik Moon | On 07 Jan 2016

How Important are Exports and Foreign Direct Investment for Economic Growth in the People's Republic of China?

The global financial crisis and the recent growth slowdown in the People’s Republic of China (PRC) have led to questions about the sustainability of the PRC’s growth. The commonly used argument is tha...

by Yuqing Xing | On 07 Jan 2016

Negotiations for the Trans-Pacific Partnership Agreement: Evaluation and Implications for East Asian Regionalism

The Trans-Pacific Partnership (TPP) agreement seems to have reached a crossroads: it could either be a building block toward achieving economic integration in Asia and the Pacific, or trigger the form...

by Inkyo Cheong | On 07 Jan 2016

Banking Crises and 'Japanization': Origins and Implications

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

by Masahiro Kawai | On 07 Jan 2016

Modern Currency Wars: The United States Versus Japan

In 2013, through massive quantitative easing by the Bank of Japan (BOJ), the yen depreciated about 25% against the US dollar, stoking fears of Japan bashing by the US. However, this sharp depreciation...

by Ronald McKinnon | On 07 Jan 2016

Special Study on Sustainable Fisheries Management and International Trade in the Southeast Asia and Pacific Region

This paper analyzes the current status of fisheries and aquaculture in Southeast Asia and international trade. Analysis concludes that a policy of sustainable management for both capture fisheries and...

by Masayuki Komatsu | On 07 Jan 2016

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

Contracting out the Last-Mile of Service Delivery: Subsidized Food Distribution in Indonesia

The paper examines these issues by conducting a randomized field experiment in 572 Indonesian localities in which a procurement process was introduced that allowed citizens to bid to take over the imp...

by Abhijit Banerjee | On 07 Jan 2016

The Single Best Health Policy in the World: Tobacco Taxes

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

by | On 06 Jan 2016

Results and Analysis of the Perception Survey: Unemployed Youth of Bhutan

This paper presents results and findings from a survey aimed at understanding perceptions among Bhutan’s unemployed youth. It also provides analysis of the results and concludes with an eight point pl...

by | On 06 Jan 2016

Internal Migration, Poverty and Development in Asia

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

by | On 05 Jan 2016

Global Financial Crisis: Impact on India’s Poor Some Initial Perspectives

This report presents some initial perspectives on the impact of theglobal financial crisis on the people of India, particularly the poor, and points to the need for policy actions to transform the sit...

by | On 01 Jan 2016

Summary of Indonesia's Education Sector Assessment

The Indonesian school system is one of the largest and most diverse in the world, with more than 50 million students, 4 million teachers and more than 250,000 schools. Over the past 15 years, the gove...

by Norman LaRocque | On 01 Jan 2016

Financial Literacy for Increasing Sustainable Access to Finance in Nepal

This paper explores how far the expansion of Banks and Financial Institutions including cooperatives assures the access to finance and its sustainability. The study also explores the worth of financia...

by | On 01 Jan 2016

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

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

by Kee-Yung Nam | On 01 Jan 2016

Managing Capital Flows in Asia: An Overview of Key Issues

Global capital flows into emerging markets, including those in Asia, continue to be volatile, generating both benefits and costs. The latter are associated with episodes of currency and banking crises...

by Ramón López | On 01 Jan 2016

Open Educational Resources: Enhancing Education Provision and Practice

Open educational resources made their appearance in early 2002 as a promising tool for enhancing the quality of and access to education and were perceived to have the potential to reduce costs by reus...

by Jouko Sarvi | On 01 Jan 2016

Public–Private Partnerships in Information and Communication Technology for Education

A study of how PPPs have been employed by ADB developing member countries in Asia and the Pacific identified seven initiatives that adopted the underlying principles of PPP in developing and deliverin...

by Jouko Sarvi | 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 Effects of Financial Globalization on Global Imbalances, Employment and Inequality

This paper reviews the empirical evidence for the macroeconomic effects of financial globalization and discusses why several of the expected benefits have failed to materialize, in terms of both long-...

by | On 29 Dec 2015

Labour Standards and Development Finance Institutions: A Review of Current Policies and Activities

Development Finance Institutions (DFIs) have the purpose of providing financial resources to economic actors in regions and sectors where access to capital is limited. Rather than competing with priva...

by | On 29 Dec 2015

Global Increase in Climate-Related Disasters

Intense climate-related natural disasters—floods, storms, as well as droughts and heat waves—have been on the rise worldwide. Is there an ominous link between the global increase of these hydrometeoro...

by Ramón López | On 29 Dec 2015

Strengthening Municipal Governance through Performance-based Budget Allocation in Bangladesh

In Bangladesh, pourashavas are an alternative destination to large cities. With the influx of urban residents within the next decades, governments and development partners must lead pourashavas toward...

by Norio Saito | On 29 Dec 2015

Financial Crisis as a Catalyst of Legal Reforms: The Case of Asia

This paper discusses how financial crises in emerging Asia and Japan worked as catalysts for legal reforms. Findings show that six Asian countries pursued significant legal and judicial reforms follow...

by Masahiro Kawai | On 29 Dec 2015

An Asian Perspective on Global Financial Reforms

The purpose of this study is to better understand the likely impact on Asian economies and financial institutions of various recent global financial reforms, including Basel III capital adequacy and l...

by Peter Morgan | On 29 Dec 2015

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

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

by Shandre Thangavelu | On 29 Dec 2015

Monetary Policy Frameworks in Asia: Experience, Lessons, and Issues

This paper reviews the history of East Asian monetary policy frameworks since 1990; describes current monetary policy frameworks, including issue of price versus financial stability for a central bank...

by Peter Morgan | On 29 Dec 2015

Policies to Enhance Trade Facilitation in South Asia and Southeast Asia

This paper discusses trade facilitation in the context of enhancing trading links between South and Southeast Asia, in a manner understandable to the non-specialist. Presently, these two Asian regions...

by Anthony Bayley | On 29 Dec 2015

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

The Gender Dividend: A Business Case for Gender Equality

This paper presents the case for investments and actions — on an unprecented scale — to broaden the range of real opportunities open to the world's 3.5 billion women and girls. Advocates for equality...

by UN Women | On 28 Dec 2015

Economic Crises and Women’s Work: Exploring Progressive Strategies in a Rapidly Changing Global Environment

This paper examines issues of women’s employment and decent work in the context of the on-going global financial and economic crisis. Recognizing that financial and economic crises affect men and wome...

by UN Women | On 28 Dec 2015

Afghanistan in 2014: A Survey of the Afghan People

This report puts out findings from The Asia Foundation's tenth survey in Afghanistan - the broadest public opinion poll in the country, surveying 9,271 Afghan citizens across all 34 provinces.

by Zach Warren | On 26 Dec 2015

Ready for a Slowdown?

Are we worse off at the end of 2015 than at the start?

by T.N. Ninan | On 25 Dec 2015

Why Do SMEs Not Borrow More from Banks? Evidence from the People's Republic of China and Southeast Asia

This study examines the relationship between firm characteristics and borrowing from commercial banks by small and medium-sized enterprises (SMEs) in the People's Republic of China (PRC) and five Sout...

by Ganeshan Wignaraja | On 24 Dec 2015

Income Distributions, Inequality, and Poverty in Asia, 1992–2010

In this paper, income distributions for developing countries in Asia are modeled using beta-2 distributions, which are estimated by a method of moments procedure applied to grouped data. Estimated par...

by Duangkamon Chotikapanich | On 24 Dec 2015

Financial Inclusion, Regulation, and Education in Sri Lanka

Sri Lanka has achieved a high level of financial inclusion compared to other South Asian countries. Its financial sector comprises a wide range of financial institutions providing financial services s...

by Saman Kelegama | On 23 Dec 2015

The Political Economy of Transitions: Governance Assessments and Measurements

This discussion paper examines existing methods for measuring aspects of political transitions. The paper canvasses and examines existing measurement tools that focus on some, but not all, relevant di...

by United Nations Development Programme [UNDP] | On 23 Dec 2015

Fiscal Decentralization And Tax Incentives In The Developing world

Many developing countries use tax incentives to attract foreign direct investment, sacrificing immediate revenue from foreign capital, even though the effects of tax incentives on investment, growth,...

by Quan Li | On 23 Dec 2015

Oil and State Capitalism: Government-Firm Coopetition in China and India

This paper examines the domestic sources of the internationalization of national oil companies (NOCs) in China and India. It argues that – counter to notions of state-led internationalization – the go...

by Jonas Mecklinga | On 23 Dec 2015

Capital Structure, Ownership and Crisis: How Different Are Banks?

Employing data for 1992-2012, the article examines the factors affecting the capital structure of publicly listed Indian banks from a corporate finance perspective and compares the findings by exploit...

by Goutam Chatterjee | On 22 Dec 2015

Endangering the Investment Climate

Achieving the Sustainable Development Goals (SDGs) will require high levels of productive private and public sector investment, which in turn requires a suitable investment climate. This paper provide...

by | On 22 Dec 2015

National Refugee Law for India: Benefits and Roadblocks

This paper intends to ascertain whether a uniform national law would be beneficial to the interests of the three main parties involved with refugee policy in India, namely the Government of India, the...

by Arjun Nair | 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

Climate Change and India: A 4 X4 Assessment a Sectoral and Regional Analysis for 2030

This report is a step in this direction. In particular, the knowledge and understanding of impacts as deduced from the Global Circulation Models and Regional Climate Models are not adequate to assess...

by Government of India GOI | On 22 Dec 2015

Transitions to K-12 Education Systems Experiences from Five Case Countries

Preparing and implementing a K–12 transition absorbs considerable financial and human resources. It follows that the reasons for restructuring must be compelling. It follows that the reasons for restr...

by | On 21 Dec 2015

Challenges to School Edupreneurs in the Existing Policy Environment: Case Study of Delhi and Gujarat

The Indian education ecosystem today consists of the government, private sector, and nongovernmental organisations (NGOs) that have helped provide education to millions of children. The enactment of t...

by Meril Antony | On 21 Dec 2015

Teacher Incentives: Evidence from Schools in Delhi

The paper reports on existing incentive structures in a sample of government and private schools in Delhi and elicits teachers’ perspectives on factors which motivate them. It is found that performanc...

by | On 21 Dec 2015

Missed Opportunities in Global Health: Identifying New Strategies to Improve Mental Health in LMICs

Countries like South Africa and India are putting new mental health policies in place. There is now a clear agenda of “what to deliver” to make this deplorable reality better, and indeed a nascent adv...

by Victoria Menil | On 19 Dec 2015

Payment System Regulation for Improving Financial Inclusion

Drawing from existing domestic experiences and the first results of the international debate, this paper tries to identify some high-level recommendations on how the payments system should be regulate...

by Maria Malaguti | On 19 Dec 2015

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

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

by Maidul Chowdhury | On 19 Dec 2015

Study of the Regulatory and Operational Structure of the Higher Education Sector in India

This project will study and document these barriers in a carefully chosen sample. Privately-managed higher education institutions have been chosen for the study. This will include a study of the three...

by Parth Shah | 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

Can Improved Cooking Stoves Work? The Nepal Chulo Experience

What motivates rural households to switch from older cooking methods to newer, more improved, ones? Improved cooking stoves (ICS) technology has demonstrated capacity to reduce health hazards from smo...

by Dipika Gawande | On 18 Dec 2015

Reserve Accumulation and Sterilized Intervention in the Foreign Exchange Market in Bangladesh: An Empirical analysis

The main intention of the paper is to investigate the extent of sterilization of Bangladesh Bank to offset the monetary expansionary effect of reserve accumulation in the foreign exchange market. To...

by Mst. Nurnaher Begum | On 18 Dec 2015

External Sector Openness Management: The Bangladesh Experience

Bangladesh has had impressive growth in exports, remittances and foreign exchange reserve in recent year. By analyzing the liberalizing regime from 1979 to this date by adopting a comprehensive approa...

by Abdul Wahab | On 18 Dec 2015

Meta-Study of Literature on Budget Private Schools in India

Budget Private Schools (BPS) are privately-run schools that charge very low fees, operating among the poorer sections of the society and have become relevant to the education discourse of India. This...

by Centre for Civil Society CCS | On 18 Dec 2015

Politics of UNSC Sanctions: The Issue of Nuclear Weapons Development

The paper tries to explain the imposition of sanctions by the UNSC on Iran and North Korea and the absence of UNSC sanctions on India and Pakistan. Although there are aspects in the sanctions on Iran...

by | On 17 Dec 2015

China and Myanmar: Strategic Interests, Strategies and the Road Ahead

This research paper is divided into two parts to provide a more complete view of how both countries think in term of their ambitions and the methods they deem important to achieve them. This paper arg...

by | On 17 Dec 2015

Sri Lanka: Rising Sectarian Schism

Sri Lanka, home to a plethora of ethnically diverse communities, saw horrific communal bloodshed in July 1983. Over three decades down the line, history seems to be repeating itself as hordes of Budd...

by Chaarvi Modi | On 17 Dec 2015

The Challenges of Climate Change: Children on the Front Line

The challenge of climate change is huge; it requires an urgent response from all generations. As the effects of climate change become more visible and extreme, they are likely to affect adversely the...

by United Nations Children's Fund UNICEF | On 17 Dec 2015

The Brics Development Bank

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

by Oxfam International | On 17 Dec 2015

Building Tax Capacity in Developing Countries

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

by Mick Moore | On 16 Dec 2015

Engaging with Health Markets in Low and Middle-Income Countries

Many low and middle-income countries have pluralistic health systems with a variety of providers of health-related goods and services in terms of their level of training, their ownership (public or pr...

by Henry Lucas | On 16 Dec 2015

China's Fitful Economic Reforms

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

by Eswar Prasad | On 16 Dec 2015

Merchants of Labor: Agents of the Evolving Migration Infrastructure

The special focus of this paper are the merchants of labour, the public and private agents who move workers over borders. The ILO Convention 97 (1949) recommended that migrants move over borders with...

by Philip Martin | On 15 Dec 2015

Global Increase in Climate - Related Disasters

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

by Vinod Thomas | On 15 Dec 2015

Financial Inclusion, Education, and Regulation in the Philippines

This paper discusses the current status of financial inclusion, education, and regulation in the Philippines and measures to foster financial inclusion. The primary policy challenge faced by the gover...

by Gilberto M. Llanto | On 15 Dec 2015

A Community Based Micro Hydro: A Promising Technology for Rural Development in Nepal

The study finds that micro hydro (MH) has significant impact on reduction in fuel wood consumption. Communities are more inclined to harvest fuel wood from government forest. These led to the promotio...

by Bishwa Koirala | On 15 Dec 2015

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

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

by Nancy Birdsall | On 14 Dec 2015

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

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

by Mohammad Niaz Asadullah | On 11 Dec 2015

SkyShares: Modelling the Distributive and Economic Implications of a Future Global Emissions Budget

The SkyShares model helps policy-makers explore a range of diffe ent policy scenarios. It enables users to relate a target limit for temperature change to a global emissions ceiling; to allocate this...

by Owen Barder | On 11 Dec 2015

Overview of Central Government Employees

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

by Vatsal Khullar | On 10 Dec 2015

National Strategy Day on India: Delivering Growth in the New Context

The World Economic Forum along with the Confederation of Indian Industry (CII) convened the National Strategy Day on India on 3rd and 4th of November to provide a platform to boost economic growth and...

by | On 09 Dec 2015

Budget for Children in Meghalaya 2015-16

Budgets are the most solid expression of a government’s priorities, performances, decisions and intentions both at the national as well as the level of the states. This budget for children (BfC) in Me...

by HAQ Centre for Child Rights HAQCRC | On 08 Dec 2015

The Sun Gets Bigger

The government should encourage the use of solar energy.

by T.N. Ninan | On 04 Dec 2015

Regional Inequality and ‘Inclusive Growth’ in India under Globalization: Identification of Lagging States for Strategic Intervention

This paper analyses the trends and patterns of economic inequality across Indian states since the early 1990s. The inter-state inequality in per capita income and consumption expenditure show a clear...

by | On 04 Dec 2015

Follow-up and Review of the SDGs: Fulfilling our Commitments

This paper considers the challenge of establishing a robust follow-up and review mechanism to support such implementation. The paper underscores the importance of the follow-up and review process taki...

by | On 04 Dec 2015

Vital Stats: Overview of Issues in the Power Sector in India

In the recent past, several initiatives have been taken to address the challenges in the power sector. These include structural changes in the regulatory framework as proposed by the Electricity (Ame...

by Prachee Mishra | On 04 Dec 2015

Look to the Forests: How Performance Payments can Slow Climate Change

This report argues that what is urgently needed is a tested but far from fully exploited approach to funding forest conservation: pay-for-performance transfers, under which public (and private) funder...

by Nancy Birdsall | On 03 Dec 2015

Socially Sustainable Development and Participatory Governance: Legal and Political Aspects

This paper explores the notion of “sustainable development” which has progressively evolved over the recent years from the environmental field in which it originated, to the social sphere and has been...

by | On 02 Dec 2015

Global Increase in Climate-Related Disasters

Intense climate-related disasters—floods, storms, droughts, and heat waves—have been on the rise worldwide. At the same time and coupled with an increasing concentration of greenhouse gases in the atm...

by Vinod Thomas | On 30 Nov 2015

Narendra Modi’s Eighteen Months

What is the preogress report of Modi Government? Well, there are some good and bad reports. There are some good projects but the implementation part of it is slow.

by T.N. Ninan | On 28 Nov 2015

The Indian Insolvency Regime in Practice – An Analysis of Insolvency and Debt

This paper analyses 45 cases of insolvency and bankruptcy resolution in order to measure the efficiency and problems of the present laws for firm bankruptcy in India. These cases have been selected t...

by Aparna Ravi | On 25 Nov 2015

How Much is Enough?

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

by T.N. Ninan | On 21 Nov 2015

Requiring Indian Utilities to Report: Harnessing Disclosure Legislation to Improve Water and Sanitation Services

The paper argues for a regular public reporting of key performance indicators by the WatSan utilities in India. It elaborates on how the policy behind these reforms could be operationalized.

by Premila Nazareth Satyanand | On 18 Nov 2015

Are Juveniles Really Responsible fo Making Delhi the Rape Capital?

Statistics have been the most important criteria for the Central Government in changing the juvenile justice law and introducing treatment of 16-18 year old juveniles committing such offences as adult...

by HAQ Centre for Child Rights HAQCRC | On 13 Nov 2015

Convergence of Social Security Schemes for Elimination of Child Labour

Child labour is a complex problem rooted in poverty, illiteracy and social inequality. The National Child Labour Policy has identified ‘focusing of general development programmes for benefiting child...

by Helen Sekar | On 10 Nov 2015

Now Focus on the Economy

What the government should is to concentrate on economic issues with diversionary issues being put back in the cupboard.

by T.N. Ninan | On 07 Nov 2015

Whither the Co-operative Banking?

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

by R. Gandhi | On 04 Nov 2015

Meta - Study of Literature on Budget Private Schools in India

Despite lack of infrastructure and facilities, studies over the past decade has shown that learning outcomes in these schools are equal to or better than those of far more resourcefu...

by Centre for Civil Society CCS | On 29 Oct 2015

Quality of Government and the Relationship between Natural Disasters and Child Poverty A Comparative Analysis

This paper explores the degree to which exposure to reoccurring natural disasters of various kinds explains seven dimensions of severe child poverty in 67 middle- and low-income countries. It also ana...

by Adel Daoud | On 28 Oct 2015

Development Central Banking: A Review of Issues and Experiences

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

by | On 28 Oct 2015

Mr Modi and Dr Singh

There must be a way of combining sensible policy, based on a certain worldview and an agenda, with a bias for action.

by T.N. Ninan | On 26 Oct 2015

Child-Related Financial Transfers and Early Childhood Education and Care

This paper examines policies for the support of families with children, in particular child-related financial transfers and early childhood education and care (ECEC) services. The analysis is mainly f...

by Mary Daly | On 21 Oct 2015

The 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

Child Labours in India

Even after a hundred years of child labour legislation and fifty years of independence, child labour is a common occurrence in India. Today, their numbers exceed those of any other country. The urgent...

by | On 19 Oct 2015

Policy Tradeoffs in an Open Economy and the Role of G-20 in Global Macroeconomic Policy Coordination

In this paper the aim is to investigate the different nuances of India's capital account management through empirical analyses as well as descriptive discussions. In particular the study the evolution...

by Rajeswari Sengupta | On 19 Oct 2015

China’s One Belt One Road Strategy: The New Financial Institutions and India’s Options

This paper attempts to discuss India’s options to collaborate with China at the event of the formation of new financial institutions and how should India engage with China’s new Silk Road strategy.

by Ajay Chhibber | On 16 Oct 2015

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

Labour Market Reforms Since the Crisis: Drivers and Consequences

The paper analyses the determinants and effects of reforms of employment protection legislation (EPL), using a novel inventory that covers 111 developed and developing countries between 2008 and 2014....

by Clemente Pignatti Morano | On 15 Oct 2015

Report on Evaluation of the Impact of the Scheme for Mega Food Park of the Ministry of Food Processing Industries

This scheme was rolled-out in 2008-09 and at present is in its fourth phase. The objective includes a comparative analysis of the scheme with similar schemes of the government, an evaluation of select...

by Indian Council for Research on International Econo ICRIER | On 13 Oct 2015

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

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

by | On 12 Oct 2015

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

Public Good Provision in Indian Rural Areas: The Returns to Collective Action by Microfinance Groups

Self-help groups (SHGs) are the most common form of microfinance in India. The authors provide evidence that SHGs, composed of women only, undertake collective actions for the provision of public good...

by | On 01 Oct 2015

Strategies for Tobacco Control in India: A Systematic Review

Tobacco control needs in India are large and complex. Evaluation of outcomes to date has been limited. The aim of this paper is to review the extent of tobacco control measures, and the outcomes of as...

by | On 30 Sep 2015

Rural Poverty Reduction Strategy for South Asia

Roughly 40 percent of the world’s poor live in South Asia, where poverty is basically a rural problem. Therefore, a significant gain in rural poverty reduction in this sub-region will be crucial to re...

by | On 30 Sep 2015

The Global Competitiveness Report 2015–2016

The Global Competitiveness Report 2015-2016 presents the rankings of the Global Competitiveness Index (GCI). The GCI is based on 12 pillars that provide a comprehensive picture of the competitiveness...

by | On 30 Sep 2015

The Hunger and Nutrition Commitment Index (HANCI 2014): Measuring the Political Commitment to Reduce Hunger and Undernutrition in Developing Countries

This report presents the Hunger And Nutrition Commitment Index (HANCI) 2014. It seeks to: Rank governments on their political commitment to tackling hunger and undernutrition; Measure what governments...

by Rajith Lakshman | On 30 Sep 2015

State, Ideas and Economic Reform in India

This paper argues that the state is an important institution for initiating economic reforms in India. Ideas held within the state are especially important. When the state reposed faith in a closed ec...

by | On 28 Sep 2015

Report of the Fact Finding Mission to Rampal, Bangladesh

The objective of the mission was to evaluate the impact of the power plant on the livelihoods of the people and ecology of the region, examine the legal framework governing its and assess if the propo...

by South Asians for Human Rights SAHR | On 28 Sep 2015

The National Health Profile 2015

The National Health Profile 2015 prepared by the Central Bureau for Health Intelligence (CBHI) has revealed some disturbing facts about India’s healthcare sector. It shows the poor patient to bed rati...

by Central Bureau for Health Intelligence (CBHI) | On 25 Sep 2015

Global Nutrition Report Actions and Accountability to Advance Nutrition and Sustainable Development

The Global Nutrition Report 2015 is a report card on the world’s nutrition globally, regionally, and country by country and on efforts to improve it. It assesses countries’ progress in meeting global...

by International Food Policy Research Institute | On 24 Sep 2015

Seventh, after Seven

Seven years after the financial crisis, countries have done well. India is also doing well but there is a lot of difference in the programmes announced and how they are implemented.

by T.N. Ninan | On 19 Sep 2015

Reducing all Forms of Child Poverty: The Need for Comprehensive Measurement

Despite widespread investments in child poverty reduction, the way in which child poverty is measured presents a narrow and partial picture. Current practice is still biased towards measuring static a...

by | On 17 Sep 2015

Political and Economic Analysis of State Business Relations in Andhra Pradesh: Impact on the Performance of Manufacturing Sector

The central objective of this paper is to enquire into the politics of the government and business relation and how it affected the industrial development in Andhra Pradesh.

by Alivelu G | On 17 Sep 2015

Strengthening Existing Systems for Prevention of Child Marriage: Investing in a Model with Potential to Affect Reduction in Child Marriage

Child marriage can be prevented and children protected by activating the mandated government structures. A two-pronged approach – working with specific community groups, as well as with representativ...

by HAQ Centre for Child Rights HAQCRC | On 14 Sep 2015

Report of the National Consultation on Prevention of Child Marriage

The purpose of the national consultation was to bring together initiatives from across the country to share experience and challenges. This report is the final draft of the discussions and a common ag...

by HAQ Centre for Child Rights HAQCRC | On 14 Sep 2015

Women, Business and the Law 2016: Getting to Equal

The report reveal the magnitude of the challenge that the world still faces in the quest for gender equality. This report promotes the cause of inclusion of women by informing research and policy disc...

by World Bank | On 11 Sep 2015

Deep Shift Technology Tipping Points and Societal Impact

Digital connectivity enabled by the software technologies is changing the society fundamentally. The scale of the impact and the speed of the changes taking place have made the shift so different from...

by | On 10 Sep 2015

Education For All Towards Quality with Equity

India has made significant progress towards the goal of Education for All during the past few years. Keeping in view the pace of progress achieved till 2000, several programmes have been formulated an...

by Ministry of Human Resource Development, GOI | On 08 Sep 2015

Basel III Implementation- Challenges for Indian Banking System

In India, Basel III capital regulation has been implemented from April 1, 2013 in phases and it will be fully implemented as on March 31, 2019. Do we need Basel III for a country like India? What are...

by N.S. Viswanathan | On 08 Sep 2015

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

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

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

Civil Society Briefs: Sri Lanka

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

by Asian Development Bank Institute | On 07 Sep 2015

Civil Society Briefs: Myanmar

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

by Asian Development Bank Institute | On 07 Sep 2015

Interrelation Between Growth and Inequality

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

by Jong Woo Kang | On 07 Sep 2015

Financial Inclusion in Asia: An Overview

This paper provides an analysis of financial development and inclusion in developing Asia using data from a wide array of sources. In terms of aggregate measures of financial development, the region a...

by | On 07 Sep 2015

Income Inequality, Poverty and Labor Migration in Thailand

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

by Somchai Jitsuchon | On 03 Sep 2015

The Permanent People’s Tribunals and Indigenous People’s Struggles in Mexico: Between Coloniality and Epistemic Justice?

On 21 October 2011, hundreds of Mexican civil society organizations formally submitted a petition to the Lelio e Lisli Basso Foundation in Rome to justify the opening of a Mexican Chapter of the Perma...

by Rosalba Icaza | On 02 Sep 2015

Public Views Of Health System Issues In Four Asian Countries

To elicit the public’s views on health system issues, the study conducted an opinion poll survey in Bangladesh, Mongolia, Nepal, and Sri Lanka. The study focused on health inequalities. The results sh...

by Bhatia Mrigesh | On 01 Sep 2015

Financial Market Regulation in India-Looking back, Looking Ahead

A broad assessment of the evolution of financial markets and the issues we are grappling with are given here. We can learn right lessons from other countries. There could be different view points and...

by Harun R Khan | On 31 Aug 2015

A Policy Mix for Gender Equality? Lessons from High-Income Countries

Over the past 15 years, important gains have been made in gender equality. Gender gaps in educational attainment have shrunk substantially. In fact, in many high-income countries, young women’s educat...

by Megan Gerecke | On 31 Aug 2015

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

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

by Lekha Chakraborty | On 25 Aug 2015

Curbing Militancy: Regulating Pakistan's Madrassas

Thousands of madrassas in Pakistan remain completely unregulated by the government and their sources of funding unknown while many more thousands offer an education to their students with bleak employ...

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

Introduction to "Governing Marriage Migrations: Perspectives from Mainland China and Taiwan"

Cross-border migration for the purpose of marriage is on the rise, and at present it constitutes one of the most common forms of long-term international mobility in East Asia. The articles included he...

by | On 20 Aug 2015

Don’t Target the Media

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

by T.N. Ninan | On 15 Aug 2015

National Policy for Children, 2013

To affirm the Government of India commitment to the rights based approach in addressing the continuing and emerging challenges in the situation of children, the government hereby adopts this resolutio...

by Government of India Ministry of Women and Child Development | 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

Reduction of GHG Emissions and Attainment of Energy Security through Sustainable Production of Biofuels: Is it a Viable Option? A Review of Experinces

The National Policy on Biofuels sets an indicative target of 20per cent blending of biofuels by 2017 to tackle the twin problem of energy security and climate change. Although biofuels seem to be the...

by Gopinath Reddy | On 13 Aug 2015

Economic Growth, Financial Development and Income Inequality

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

by Donghyun Park | On 12 Aug 2015

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

Equilibrium Exchange Rate Estimation for Taka – A Co integration Analysis

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

by Md. Akhtaruzzaman | On 11 Aug 2015

The Socially Responsible Company as a Strategic Second-Order Observer: An Indian Case

The emergence of Corporate Social Responsibility (CSR) as a global component of business-society relationships has triggered many controversial debates in which CSR is either advocated as a source of...

by Damien Krichewsky | On 07 Aug 2015

Social Sector and Economic Reforms (With Special Reference to Public Health)

Social Sector performs an effective function in human resource development and hence it is very important to study how the economic reforms are influencing social sector expenditures. Any economic re...

by Runa Paul | On 03 Aug 2015

Impact of Trilemma Indicators on Macroeconomic Policy: Does Central Bank Independence Matter?

For a sample of 42 high and middle income countries analyzed over a period of 30 years ranging from 1982 till 2011, this paper shows that while an efficient trilemma policy choice can help lower inf...

by | On 31 Jul 2015

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

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

Future and New Thoughts on Co-operative Banks

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

by R. Gandhi | On 29 Jul 2015

Study of the Global Crisis: A Question of Inevitability of the Euro Zone Crisis

The paper aims to analyse points of contention among economists and policymakers. This paper will discuss the pre-crisis conditions in the euro zone nations to gauge the extent of vulnerability of the...

by | On 28 Jul 2015

Forgotten Voices: The World of Urban Children in India

This report discusses how the major urban development schemes in India do not adequately take into account issues related to children’s health, education, growth, safety and participation. The rising...

by Save Children | On 28 Jul 2015

Right to Fair Compensation and Transparency in Land Acquisition, Rehabilitation and Resettlement Ordinance 2014: A Process Perspective

This paper captures the policy processes leading to the Right to Fair Compensation and Transparency in Land Acquisition, Rehabilitation and Resettlement (RFCTLARR) Ordinance, 2014. It maps the role an...

by G. Raghuram | On 28 Jul 2015

Race and Equality: A Study of Ethnic Minorities in Hong Kong’s Education System

This report analyzes the key education-related issues raised in these interviews as well as available studies on the needs of ethnic minority communities, press reports, government reports and educati...

by Kelley Loper | On 24 Jul 2015

Juvenile Justice in India: Policy and Implementation Dilemmas

The article tells us about what are the positive aspects of Juvenile Justice bill what it is lacking.

by Bharti Ali | On 23 Jul 2015

India: Trade in Healthcare Services

During the last two decades international trade in healthcare services has expanded under the GATS. Increasingly it has acquired new dimensions with application of advanced information and communicati...

by T.P. Bhat | On 23 Jul 2015

Public Economics and Sustainable Developments Policy

The domain of public economics is increasing as governments‘ policy goal is shifting from economic development to sustainable development. The government has to act as a trustee representing future ge...

by U. Sankar | On 22 Jul 2015

Securitisation in India: Ambling Down or Revving up?

Financial sector’s primary role is intermediation between ultimate savers and ultimate investors. Initially, it was banks which were the intermediaries. As the financial sector evolved, other types of...

by R. Gandhi | On 21 Jul 2015

Can GDP-Linked Official Lending to Emerging Economies and Developing Countries Enhance Risk Management and Resilience?

This paper considers whether GDP-linked official external public debt can help address some of the challenges that developing countries face when managing international financial flows. GDP-linked off...

by United Nations Development Programme UNDP | On 20 Jul 2015

Banking on Non-solutions

Can state owned banks revive Indian economy? Let's see what the managerial solutions to revive banks show us.

by T.N. Ninan | On 18 Jul 2015

Articulating a Vision for a Progressive BRICS Development Bank

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

by | On 16 Jul 2015

Safeguard Implementation: How Can We Make It More Meaningful?

The report presents the (i) safeguard systems of Bhutan, India and Nepal; (ii) differences in national safeguard laws and institutional processes with the Asian Development Bank’s safeguards policy; (...

by Asian Development Bank Institute | On 13 Jul 2015

Nepal Earthquake 2015: Post Disaster Needs Assessment - Executive Summary

The Government of Nepal officially launched a Post-Disaster Needs Assessment (PDNA) to determine the impacts of the devastating earthquake on April 25, 2015 and a series of aftershocks since, includin...

by National planning commission Government of Nepal | On 07 Jul 2015

Financial Frauds-Prevention: A Question of Knowing Somebody

Banks and financial institutions are easy prey to fraudsters. As long as banks and financial institutions handle huge sums of money as financial intermediaries they will always be the target of ingeni...

by R. Gandhi | On 06 Jul 2015

Waste Pickers in Pune, India

Recent statistics show the majority of workers in developing countries earn their livelihoods in the informal sector. For this paper, a sample of 150 was randomly drawn from the membership database of...

by Poornima Chikarmane | On 06 Jul 2015

Can Foreign Banks Contribute to Financial Inclusion?

If the entry of foreign banks results in a concentrated banking sector, as has been the case in several Central and Eastern European countries, then the goals of achieving financial inclusion are adve...

by Ramkishen S. Rajan | On 05 Jul 2015

The Sunday Edit: Tragedy of the Grecian Dilemma

Greek negotiations are more political than economic. Contrary to popular opinion, Greece has actually done quite well in terms of its macro fundamentals. And the case for imposing austerity measures...

by Saugata Bhattacharya | On 05 Jul 2015

A Financial Slave State

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

by T.N. Ninan | On 04 Jul 2015

Financial Education in Asia: Assessment and Recommendations

This paper assesses the case for promoting financial education in Asia. It argues that the benefits of investing in financial education can be substantial. Data are limited, but indicate low financial...

by | On 29 Jun 2015

Wrong Target for Benign Neglect

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

by T.N. Ninan | On 27 Jun 2015

Reprioritizing Government Spending on Health: Pushing an Elephant up the Stairs?

Countries vary widely with respect to the share of government spending on health, a metric that can serve as a proxy for the extent to which health is prioritized by governments. World Health Organiza...

by Ajay Tandon | On 25 Jun 2015

Relaxing Migration Constraints for Rural Households

There are an estimated 750 million internal migrants in the world, yet the effects of access to internal migration for rural households are not well understood. Internal migrants may provide wealth tr...

by Cynthia Kinnan | On 25 Jun 2015

The Hunger and Nutrition Commitment Index (HANCI 2012): Measuring the Political Commitment to Reduce Hunger and Undernutrition in Developing Countries

The Hunger and Nutrition Commitment Index (HANCI 2012) measure what governments achieve and where they fail in addressing hunger and undernutrition providing greater transparency and public accountabi...

by | On 23 Jun 2015

The Frenemy of the People

Politicians have continued taking people for granted and managed to stay above the law.

by T.N. Ninan | On 22 Jun 2015

Out-Of-Pocket (OOP) Financial Risk Protection: The Role of Health Insurance

Though health has been considered a fundamental human right since the Alma Ata Declaration in 1978, still a significant proportion of world population don’t get access to basic healthcare simply due t...

by S Madheswaran | On 22 Jun 2015

Mining Without Consent: Chromite Mining in Manipur

The recent identification of chromite deposits in two districts of Manipur, Ukhrul and Chandel, has led the government to grant mining clearances disregarding constitutional provisions. While environm...

by Franky Varah | On 21 Jun 2015

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

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

by | On 12 Jun 2015

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

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

by | On 12 Jun 2015

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

This policy note emphasis on the growth and development of industries. The note aims to give an impetus to industrial development and to create an Industry - friendly environment to enable the State t...

by | On 12 Jun 2015

Bangladesh Budget 2010-11: Budget Speech

Budgetary speech presents an outline of the the Budget Implementation Progress report for FY 2010-11. The speech discuss briefly budget framework of bangladesh government and also analyse macroeconomi...

by Ministry of Finance Bangladesh | On 12 Jun 2015

Policy Note 2014–2015 on Adi Dravidar and Tribal Welfare Department of Tamil Nadu Government

The prime objective of this Government is accelerated growth and sustainable development of Adi Dravidar and Tribal population in Tamil Nadu. It also aims to ensure socio-economic and educational deve...

by | On 10 Jun 2015

Gujarat Ecology Commission Annual Report 2013-14

This report of Gujarat Ecology Commission (GEC) provides information and other inputs which are needed to develop policy and provide the right approach for ecological conservation and sustainable deve...

by Gujarat Ecology Commission Government of Gujarat | On 08 Jun 2015

Universal Food Security Program and Nutritional Intake: Evidence from the Hunger Prone KBK Districts in Odisha

This article provides evidence on the role of consumer food subsidies in improving nutritional intake and diet quality by evaluating the expansion of the government food assistance program coverage i...

by Andaleeb Rahman | On 05 Jun 2015

Renewable Energy: Market and Policy Environment in India

India's significant economic growth over the last decade has led to an inexorable rise in energy demand. Currently, India faces a challenging energy shortage. To grow at 9 per cent over the next 20 ye...

by Vivan Sharan | On 05 Jun 2015

E-Waste in India

Like hazardous waste, the problem of e-waste has become an immediate and long term concern as its unregulated accumulation and recycling can lead to major environmental problems endangering human heal...

by Rajya Sabha | On 04 Jun 2015

Performance Audit of Mahatma Gandhi National Rural Employment Guarantee Scheme

This report of comptroller and auditor general of India containing the results of performance audit of the implementation of the Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGA) hig...

by Ministry of Rural Development GOI | 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

The Working Group on Health Research for XII Plan

Health research is the key to a well functioning and effective health sector in the country. The focus of the report is to identify major issues, areas for policy research in health sector for 12th Fi...

by Ministry of Health and Family Welfare H & FW | On 22 May 2015

GST Reforms and Intergovernmental Considerations in India

This paper reviews the replacement of the state sales taxes by the Value Added Tax in 2005 marked a significant step forward in the reform of domestic trade taxes in India. Implemented under the leade...

by | On 19 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

Globalisation and Child Labour: Evidence from India

Child labour is a complex problem basically rooted in poverty. The Government of India has formulated policies since the economic reforms of the early 1990s. Children under fourteen comprise 3.6 per c...

by Mita Bhattacharya | On 14 May 2015

Accountability of Local and State Governments in India: An Overview of Recent Research

The paper discusses the notion of accountability, followed by an introduction to the Downsian theory of electoral competition. This serves as a point for classifying different sources of accountabilit...

by Dilip Mookherjee | On 14 May 2015

Twenty Second Report on Action Taken on the Recommendations on ‘Small and Mini Hydel Projects

This report of the Standing Committee on Energy deals with the action taken by the Government on the Observations/Recommendations contained in their Sixteenth Report (Fifteenth Lok Sabha) on ‘Small an...

by Lok Sabha Secretariat | On 13 May 2015

Indian Youth: Ignored Constituency Report on the Renewal of Youth Agenda in India

This report look at various youth issues and then suggest changes that can be targeted at redressing the same. There is an opportunity in which hard hitting reforms can be instituted to strengthen you...

by | On 12 May 2015

Draft State Sports Policy-2010

In order to achieve excellence in sports, government of Assam aims to adaopt a uniform policy so that sports activities in the state are spread over the year. Assam sports policy aims to provide sport...

by Government of Assam | On 12 May 2015

Inter Linking of Rivers: Action taken in the Eleventh Report (14th Lok Sabha) of the Standing Committee on Water Resources

This Report of the Standing Committee on Water Resources deals with the action taken by the Government on the recommendations / observations contained in their Eleventh Report on Water Resources (2008...

by Lok Sabha Secretariat | On 11 May 2015

Water pollution in India: Eighth report of the (Sixteenth Lok Sabha) Public Accounts Committee (2014-15)

Public Accounts Committee (2014-15) present this Eighth report (Sixteenth Lok Sabha) on water pollution in India based on C&AG Report No. 21 of 2011-12, Union Government for the year ended March 2012...

by Lok Sabha Secretariat | On 11 May 2015

Fifth Report on National Auto Fuel Policy

The Policy aims to holistically address the issues of vehicular emissions, vehicular technologies and auto fuel quality in a cost efficient manner, while ensuring the security of fuel supply.

by Lok Sabha Secretariat | On 07 May 2015

Twenty-sixth Report on Review of Representation of Scheduled Castes and Scheduled Tribes in Senior Positions of Government of India

This Report of the Committee on the Welfare of Scheduled Castes and Scheduled Tribes deals with the action taken by the Government on the recommendations contained in their Twenty-sixth Report (Fifte...

by Lok Sabha Secretariat | On 05 May 2015

The Umbrella Revolution and the Future of China-Hong Kong Relations

This article, written during the 2014 civil disobedience 'Umbrella Revolution' in Hong Kong, suggests that this protest became a turning point in China Hong Kong relations. Suggesting that the protest...

by Willy Lam | On 29 Apr 2015

MGNREGA Sameeksha: An Anthology of Research Studies on the Mahatma Gandhi National Rural Employment Guarantee (2005) Act 2006–2012

This report by Ministry of Rural Development is an analytical anthology of all major research studies done on Mahatma Gandhi National Rural Employment Act (MGNREGA) that were published in various acad...

by | On 29 Apr 2015

MGNREGA and Empowerment of Women in Rural Areas by Parliamentary Committee on Empowerment of Women (2011-12), Fourteenth Report

The primary objective of the Act is augmenting wage employment. In this regard, Mahatma Gandhi National Rural Employment Guarantee Act, 2005 provides for the enhancement of livelihood security of the...

by Committee on Empowerment of Women GOI | On 28 Apr 2015

Report of the Expert Group to Recommend the Detailed Methodology for Identification of Families Living Below Poverty Line in the Urban Areas

The paper focuses on the objective of putting in place a uniform criteria to identify the BPL households in urban areas so that objectivity and transparency is ensured in delivery of benefits to the t...

by Planning Commission | On 27 Apr 2015

Guide on Right to Information Act, 2005

The present guide is an updated and consolidated guide for the use of all stakeholders. This guide contains five parts. Part I of the guide discusses some aspects of the Act which all the stake-holder...

by Government of India GOI | On 27 Apr 2015

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

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

by World Bank | On 27 Apr 2015

Network Neutrality: A Thematic Analysis of Policy Perspectives Across the Globe

This policy review looks at four types of Internet traffic management policies across the globe: legal regulation, transparency, non-neutrality, and government control. Each of these has been employed...

by Christine Stover | On 16 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

Budget 2015 - What's In It For the Common Man ?

This is analysis of this year's Union Budget in Hindi. This video discusses on how the government categories budget and how the budget document should be viewed.

by | On 13 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

Asian Development Outlook 2015 Financing Asia’s Future Growth

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

by Asian Development Bank Institute | On 01 Apr 2015

Two Decades of Indian Microfinance: Trajectory and Transformation

This paper critically reviews the major trends in the trajectory of evolution of Indian microfinance since the early 1990s. The debates on Indian microfinance reflect the myriad imaginations and perc...

by | On 31 Mar 2015

The Impossible Trinity: Where does India stand?

A comprehensive overview of a few empirical studies is presented that have explored the issue of Trilemma in the Indian context. Based on these studies an analysis is done on how have Indian policy ma...

by Satish Y Deodhar | On 30 Mar 2015

Financial Inclusion, Poverty, and Income Inequality in Developing Asia

Understanding the link between financial inclusion, poverty, and income inequality at the country level will help policymakers design and implement programs that will broaden access to financial serv...

by | On 27 Mar 2015

Women’s Autonomy and Experience of Physical Violence Within Marriage in Rural India: Evidence From a Prospective Study

Evidence regarding the relationship between married women’s autonomy and risk of marital violence remains mixed. Moreover, studies examining the contribution of specific aspects of women’s autonomy in...

by | On 26 Mar 2015

IMI Konnect Volume 4 Issue 2 - February 2015

The February 2015 issue of IMI Konnect (Volume 4, Issue 2) has the following articles - Reinventing India as an Innovation Nation? by Raghunath Anand Mashelkar; Understanding the Underpricing of IPOs...

by IMI Konnect | On 25 Mar 2015

Budget for Children in India 2008-09 to 2013-14: A Summary

Budget for children is not a separate budget. It is merely an attempt to disaggregate from the overall allocations made, those made specifically for programmes that benefit children. This enables us t...

by HAQ Centre for Child Rights HAQCRC | On 24 Mar 2015

Developing the Financial Sector and Expanding Market Instruments to Support a Post-2015 Development Agenda in Asia and the Pacific

The study discusses complementary initiatives in terms of legal and regulatory reforms necessary to sustainably support market-oriented financing options. Given market orientation, the paper is comple...

by | On 24 Mar 2015

IMI-Konnect, Volume 4, Issue 3

The March 2015 issue of IMI Konnect contains the following articles - “Perceptions on Financial Inclusion”, by Basabi Bhattacharya; “Does Innovation Lie in the Eyes of the Beholder?”, by Devjani Chatt...

by IMI Konnect | On 23 Mar 2015

On Government-Industry Nexus and Indigenous Armed Resistance

This paper proposes a simple game-theoretic framework for analyzing the relationship between the government, industry and indigenous community, especially in the context of mounting violence surroundi...

by Soumyanetra Munshi | On 23 Mar 2015

India and the MDGs: Towards a Sustainable Future for All

India has made notable progress in achieving poverty reduction and other Millennium Development Goals (MDGs) since their adoption at the turn of the century but this progress has been uneven and milli...

by United Nations Economic and Social Commission (UNESCAP) | On 19 Mar 2015

Bhutan: Making Progress on the Path to Prosperity

his country brief highlights how ADB operations have helped support Bhutan’s efforts in advancing socioeconomic development. Since Bhutan became a member in 1982, ADB has provided $486.29 million i...

by Asian Development Bank Institute | On 17 Mar 2015

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

Finance Commission of India’s Assessments: A Political Economy Contention between Expectations and Outcomes

The objective of this study is to examine the structural basis on which Finance Commissions make their awards rather than examining the predictability of the forecasts. The story of Finance Commission...

by | On 12 Mar 2015

Financial Access - Measurement and Determinants: A Case Study of Unorganised Manufacturing Enterprises in India

This paper attempts to study financial access of unorganized manufacturing enterprises in India given their importance to the economy and the fact that finance has been the main constraint on their gr...

by T.A. Bhavani | On 12 Mar 2015

An Agenda for the New Government: Policy Options for India in Maldives

According to the Indian Ministry of External Affairs’ (MEA) brief on ‘India-Maldives Relations’: “India and Maldives share ethnic, linguistic, cultural, religious and commercial links steeped in antiq...

by | On 10 Mar 2015

Global Imbalances and Bretton Woods II Postulate

The paper intends to revisit this argument, particularly in the light of the change in deficits and surpluses in the world economy. The paper tries to trace the genesis of BWII to the debates which or...

by Krishnakumar S | On 10 Mar 2015

Women in Indian Labour Market - Emerging Options

Expanding women’s access to the labour market and enhancing their employability, apart from all its other impact, contributes to the GDP substantially. It is important to generate creative partnership...

by G.D Bino Paul | On 10 Mar 2015

The Right to Fair Compensation and Transparency in Land Acquisition, Rehabitation and Resettlement Act, 2013

The Act aims to ensure a humane, participative, informed and transparent process for Land acquisition, industrialisation, development of essential infrastructural facilities and urbanisation with leas...

by | On 09 Mar 2015

India's Union Budget: Changing Scope and the Evolving Content

The paper reflects on the changing scope of the Union Budget and the Finance Minister’s speech and assesses the evolving content of these policy instruments in recent years. The analysis undertaken is...

by | On 27 Feb 2015

Citizens Charter on Drinking Water and Sanitation before Union Budget

Ahead of the Union Budget, Civil Society Organizations ask for policy strategies to support drinking water and sanitation for vulnerable sections. Civil society budget groups, collectively as a networ...

by Centre for Budget and Governance Accountability | On 26 Feb 2015

The Land Acquisition Ordinance

The ruling government’s Land Acquisition Ordinance is viewed with suspicion by most politically active groups, as well as the industry. Consent, compensation, relief and rehabilitation are some of the...

by Maitreesh Ghatak | On 25 Feb 2015

Hunger, Undernutrition and Food Security in India

In spite of an increase in the number of government schemes to address the problem of undernutrition, the situation has improved only marginally. A number of factors such as spaces, ethnicities, incom...

by Rudra Narayan Mishra | On 25 Feb 2015

Road Infrastructure: Issues in Financing

Equity and efficiency are two issues that arise again and again the area of infrastructure finance. If the financing of infrastructure projects is to be sustainable the private sector must be entruste...

by Sudakshina Gupta | On 25 Feb 2015

Cleanliness and Sanitation: Underlying Constraints in India

Open defecation and improper garbage disposal are a reality of public spaces in India, not just due to poverty or a lack of initiative on the government, but social acceptance of attitudes which disr...

by Poorva Awasthi | On 24 Feb 2015

Policy Asks and Expectations from Union Budget 2015-16

Important processes relating to government budgets in India have been constrained by some widely-acknowledged challenges in governance in the country. These challenges pertain to lack of adequate tran...

by Centre for Budget and Governance Accountability | On 20 Feb 2015

Budgeting for Improved Nutritional Status of Tribal Children through the Tribal Sub Plan Strategy

Nutritional deprivation is the highest among tribal children in india. However, fiscal policy strategy to improve nutritional status for this section of the population depends a lot on the implementat...

by Centre for Budget and Governance Accountability | On 20 Feb 2015

Report of the High Powered Expert Committee on Making Mumbai an International Financial Centre (Percy Mistry Report)

In the recent decade, India has made significant strides in the financial sector. Some of the important developments are strengthening of banks, de-regulation of interest rates and sector competition...

by Ministry of Finance | On 19 Feb 2015

Policy Framework for Finance SEZs

India is a large user of financial services, by virtue of a large and growing GDP and a high rate of investment and savings. At present, India is con- suming financial services produced onshore as wel...

by Ministry of Finance | On 19 Feb 2015

Sarva Shiksha Abhiyan, GOI 2014-15

This brief uses government reported data to analyse Sarva Shiksha Abhiyan (SSA) performance.

by Accountability Initiative | On 18 Feb 2015

The Paradox of Gender Responsive Budgeting

Despite the steps towards gender responsive budgeting, the budgetary allocations for promoting gender equality and women’s empowerment show a decline. Not only has the magnitude of the gender budget a...

by | On 17 Feb 2015

Financial Inclusion: Need for Differentiation between Access and Use

With no financial capacity to save and invest, a dismal record of use of bank accounts and the severe lack of trust in the current model of using business correspondents, it is extremely difficult to...

by | On 16 Feb 2015

Financial Access - Measurement and Determinants: A Case Study of Unorganised Manufacturing Enterprises in India

This paper attempts to study financial access of unorganized manufacturing enterprises in India given their importance to the economy and the fact that finance has been the main constraint on their gr...

by T.A. Bhavani | On 09 Feb 2015

Hurdles in Rural e-Government Projects in India: Lessons for Developing Countries

Rural Electronic Government (e-government) projects are aimed at providing government services and information to rural public. The e-government initiatives have not been very successful in developing...

by | On 04 Feb 2015

Sri Lanka’s Presidential Election: Risks and Opportunities

This briefing discusses Sri Lanka’s presidential election promises. It promises more competition than was initially anticipated but with that comes a great risk of violence. Long-term stability and po...

by Crisis Group | On 02 Feb 2015

Parliament’s Role in Financial Oversight

This note presents an analysis of Parliament’s role of financial oversight and examines how to strengthen it. It highlights gaps and solutions to improve the existing structures affecting budgetary an...

by Apoorva Shankar | On 30 Jan 2015

Special Financial Incentive Schemes for the Girl Child in India: A Review

In order to improve the survival and welfare of girls and to reverse the distorted sex ratio at birth, both the national and state governments have launched special financial incentive schemes for gir...

by T.V Sekher | On 23 Jan 2015

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

Living through Crises : How the Food, Fuel, and Financial Shocks Affect the Poor

The food, fuel, and financial crises that started in 2008 reverberated throughout the global economy, causing job losses; poverty; and economic, financial, and political upheaval in countries all...

by | On 13 Jan 2015

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

Understanding Healthcare Access in India

Expanding healthcare access is a critical priority for the Government of India and the private sector. Efforts to date have addressed numerous issues and much progress can be reported. Yet the gap bet...

by IMS for HealthCare Infomatics | On 24 Dec 2014

Freedom of Religion and Anti-Conversion Laws in India: An Overview

Indian constitution stands on the bedrock of secularism though nowhere in the original constitution the word secularism‘ was mentioned. Indian political circuit, in recent times has seen the dirtiest...

by Saadiya Suleman | On 23 Dec 2014

Labour Migration in South Asia: A Review of Issues, Policies and Practices

This paper reviews migration policy frameworks in South Asia and their implications for governance of migration, protection of migrant workers and maximizing development benefits of migration. The pap...

by Piyasiri Wickramasekara | On 19 Dec 2014

Local Governments and the Inclusion of the Excluded: Towards a Strategic Methodology with Empirical Illustration

This paper tries to argue that local governments constitutionally mandated to ‘plan for economic development and social justice’ at the local level are eminently qualified to take up the task of wor...

by Oommen M A | On 17 Dec 2014

Empowerment of Women through Participation in Local Government: A case of Maharashtra

There is reservation for women in Maharashtra in the local governments. But their number is less. A case study is given.

by Ruby Ojha | On 12 Dec 2014

Regionalization of Labour Reform Process: The Fabian strategy

The President of India signed a revised set of labour laws from Rajasthan into state law. The Rajasthan government has revised the Factories Act, the Industrial Disputes Act and the Contract Labour Ac...

by K.R. Shyam Sundar | On 02 Dec 2014

Global Slavery Index 2014

This is the second edition of the Global Slavery Index (‘the Index’) which provides estimates the number of people in modern slavery in 167 countries. The Index estimates there are 35.8 million people...

by Walk Free Foundation | On 18 Nov 2014

Analysis of Criminal and Financial Details of Candidates and MLAs from Jharkhand: Based on 2009 Assembly Elections

Jharkhand Assembly elections 2009 were held in five phases from November 16, 2009 to December 13, 2009. This report includes the analysis of voting trends, criminalization, money power, gender etc in...

by Association for Democratic Reforms ADR | On 05 Nov 2014

Labour Market Transitions of Young Women and Men in Bangladesh

During the last decade, Bangladesh maintained a stable growth rate of around 6 per cent, and gross domestic product (GDP) doubled in the period 2000–12. Unfortunately, economic growth has not translat...

by Kazi Ali Toufique | On 31 Oct 2014

Is the NREGS a Safety Net for Children? Studying the access to the National Rural Employment Guarantee Scheme for Young Lives families, and its impact on child outcomes in Andhra Pradesh

The NREGS is an ambitious public works program intended to provide a basic safety net to the rural poor in India. This paper attempts to study two aspects of the program’s functioning using data from...

by Vinayak Uppal | On 31 Oct 2014

Spillover Effects of Exchange Rates: A Study of the Renminbi

This paper estimates the impact of China’s exchange rate changes on exports of competitor countries in third markets, which is called as the “spillover effect. Recent theory is used to develop an id...

by Aaditya Mattoo | On 29 Oct 2014

Information, Access and Targeting: The National Rural Employment Guarantee Scheme in India

In this paper, the relationship is assessed between possessing information on, gaining access to and the efficacy of delivery of India's national rural employment guarantee scheme (NREGA) in three sta...

by Shylashri Shankar | On 28 Oct 2014

Currency Undervaluation and Sovereign Wealth Funds: A New Role for the World Trade Organization

Two aspects of global imbalances - undervalued exchange rates and sovereign wealth funds - require a multilateral response. This paper proposes new rules in the World Trade Organization to discipline...

by Prachi Mishra | On 22 Oct 2014

From “Hindu Growth” to Productivity Surge: The Mystery of the Indian Growth Transition

Most conventional accounts of India’s recent economic performance associate the pick-up in economic growth with the liberalisation of 1991. This paper demonstrates that the transition to high growth o...

by Dani Rodrik | On 21 Oct 2014

Eclipse: Living in the Shadow of China’s Economic Dominance

In this book, Arvind Subramanian presents the following possibilities: What if, contrary to common belief, China's economic dominance is a present-day reality rather than a faraway possibility? What i...

by Arvind Subramanian | On 20 Oct 2014

What Undermines Aid’s Impact on Growth?

Why it is so hard to find a robust effect of aid on the long-term growth of poor countries, even those with good policies. A possible offset to the beneficial effects of aid is examined using a meth...

by Raghuram G. Rajan | On 20 Oct 2014

Social Change and Public Policy

A public policy is basically a law or rule that is enforced by any level of government, whether central, state, or local. When making policy, the government often fall into the conceit that they are i...

by Parth Shah | On 15 Oct 2014

Role of Financial Sector in Spurring Growth and Expanding Financial Inclusion in North Eastern Region

The present speech analyses the significant role which can be played by the financial sector in spurring growth and expanding financial inclusion in NER. [CII Banking Collagium in Kolkata].

by P. Vijaya Bhaskar | On 13 Oct 2014

Statistics in the Reserve Bank of India

RBI has taken several steps to improve the processing of data. Information system will also be enhanced very soon. [Remarks at Reserve Bank of India at the 8th Statistics Day Conference, Mumbai].

by Deepak Mohanty | On 30 Sep 2014

Causes of Indian Rupee Depreciation and its Impact on Bangladesh Economy

The intention of this paper is to examine the impact of Indian Rupee depreciation on Bangladesh Economy. The empirical results obtained from OLS for the sample period from 2007:10 to 2013:10 show tha...

by Sayera Younus | On 25 Sep 2014

Political Economy of Transition from Manmohanomics to Modinomics

The inaugural budget of the NDA led government has been a cause of some surprise and disappointment amongst those who were eagerly expecting a new radical dose of neo-liberal reforms. It appeared that...

by Surajit Mazumdar | On 22 Sep 2014

Green clearance test for NDA

Environmentalists are rightly alarmed that the NDA government is busy dismantling the environmental regulatory system in the country. Over the past two months, the media has reported that clearances f...

by Sunita Narain | On 22 Sep 2014

Civil Society, Indian Elections and Democracy Today

Civil society in Independent India has perhaps never been as active as it is today, except in the years before and during the emergency. The author explores the role it has played in strengthening and...

by Trilochan Sastry | On 18 Sep 2014

Cutting Through the Haze: Will Singapore’s New Legislation Be Effective?

Singapore has passed legislation to hold actors accountable for fires causing transboundary haze. This demonstrates a new level of proactivity from a haze-affected state, and reveals both Singaporean...

by Jackson Ewing | On 18 Sep 2014

India: Third and Fourth Combined Periodic Report on the Convention on the Rights of the Child

‘India: Third and Fourth Combined Periodic Report on the Convention on the Rights of the Child’ is a product of extensive consultations with all stakeholders. The Report has been prepared after consul...

by Government of India Ministry of Women and Child Development | On 15 Sep 2014

National Population Policy

The National Population Policy, 2000 (NPP 2000) affirms the commitment of government towards voluntary and informed choice and consent of citizens while availing of reproductive health care services,...

by Government of Odisha | On 09 Sep 2014

Food Stamps: A Model for India

About 4.5 lakh fair price shops in India sell 10-20 lakh tons of rice and wheat at the subsidized rate per month. Majority of the ration shops are in urban areas, they are hardly ever open and only a...

by Parth Shah | On 27 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

Doing more than Lip-service to the Backward Sections

The Scheduled Castes form 16 percent of the population yet their issues have largely remained silent. It’s high time to bring into line the discord between election commitments and budgetary allocatio...

by P.S Krishnan | On 19 Aug 2014

Debt Sustainability at the State Level in India

The debt position of the state governments in India, which deteriorated sharply between 1997-98 and 2003-04, has witnessed significant improvement since 2004-05, reflecting the impact of both favourab...

by Atri Mukherjee | On 19 Aug 2014

Government of India's Resolution setting up the Planning Commission

Problems of planning were reviewed towards the end of 1949 by the Advisory Planning Board which was appointed by the Interim Government of India, an important recommendation of the Board being the app...

by Government of India GOI | On 18 Aug 2014

Finance and Opportunity in India

One of the greatest dangers to the growth of developing countries is the middle income trap, where crony capitalism creates oligarchies that slow down growth. If the debate during the elections is any...

by Raghuram G. Rajan | On 13 Aug 2014

Integrated Health and Microfinance in India, Volume II: The Way Forward

Integrated Health and Microfinance in India: The Way Forward is a follow-up report that highlights the context of integration of health and microfinance in light of India’s journey towards universal h...

by Somen Saha | On 11 Aug 2014

Creative Budgeting or Actual Deficit Reduction? The case of FRBM Act

The FRBM Act was reflective of the shared commitment across political parties towards fiscal conservatism. A decade later, the picture, as reflected in the Union Budget, is yet to change for the bette...

by Surajit Mazumdar | On 07 Aug 2014

Science Education and Research in India

Many aspects of the Indian scientific development are extremely unsatisfactory, lacking in both quality and quantity. Although the outreach of teaching and research programmes has increased considerab...

by Gautam Desiraju | On 29 Jul 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

Reading the Malappuram Debate: Postcolonial State and the Ethics of Place

The district of Malappuram was formed on the 16th demographics and led to intense debates and agitation in the state, with each side accusing the other of communalism and partisanship. This paper is a...

by Mohamed Shafeeq K | On 24 Jul 2014

India – National Youth Policy 2014 (NYP-2014)

The Government of India (GoI) currently invests more than Rs 90,000 crores per annum on youth development programmes or approximately Rs 2,710 per young individual per year, through youth-targeted (hi...

by Ministry of Youth and Sports Affairs YAS | On 21 Jul 2014

No Shortage of Money

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

by T.N. Ninan | On 17 Jul 2014

Article 2 and Government Budgets

Governments’ budgets are fundamentally about people’s human rights. Budgets are the central means by which governments can help realize their people’s access to quality education, decent health care s...

by International Budget Partnership IBP | On 10 Jul 2014

India's Public Distribution System: A National and International Perspective

This study examines the impact of India's Public Distribution System (PDS) on poor households in terms of income gains, reductions in the incidence and severity of poverty, as well as nutritional impr...

by R. Radhakrishna | On 07 Jul 2014

Impact of Private Tutoring on Learning Levels: Evidence from India

Despite widespread and substantial private expenditure on private tutoring outside the formal school system in many developing countries, not much is known about their effects on learning outcomes....

by Ambrish Dongre | On 05 Jul 2014

Gujarat Gender Budget Statement 2014-15

As per census 2011, there are 289.48 lakh women and girls in the state of Gujarat, comprising 47.90 per cent of total population. “Gender Budget 2014-15” shows financial allocations for women in vario...

by Ministry of Finance Government of Gujarat | On 03 Jul 2014

Repeal and re-enactment of the Juvenile Justice (Care and Protection of Children) Act, 2000, (JJ Act)

The Ministry of Women and Child Development invites comments and suggestions to the Juvenile Justice (Care and Protection) Act of 2000, which is also known as the JJ Act.

by Government of India Ministry of Women and Child Development | On 02 Jul 2014

Determinants for the Demand and Supply of Texile Exports of Pakistan

This study analyses the demand and supply side determinants of textile and garments’ exports of Pakistan using time series data for the period 1972– 2010. Eight trading partners (US, UK, Canada, It...

by Rabia Latif | On 01 Jul 2014

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

Quality Healthcare and Health Insurance Retention: Evidence from a Randomized Experiment in the Kolkata Slums

Healthcare in developing countries is often unreliable and of poor quality, thus reducing individuals incentives to use quality health services. This paper examines an innovative approach to access to...

by Clara Delavallade | On 12 Jun 2014

Police and the Rule of Law: Recent Developments in India

This paper examines some of the recent pronouncements of the Supreme Court and other High Courts and tries to analyse them vis-à-vis the understanding of the rule of law in India. [IIMA W.P. No.2014-0...

by Anurag K Agarwal | On 11 Jun 2014

Workers in the Shadows: Abuse and Exploitation of Child Domestic Workers in Indonesia

This report documents how hundreds of thousands of girls in Indonesia, some as young as 11, are employed as domestic workers in other people’s households, performing tasks such as cooking, cleaning, l...

by Human Rights Watch | On 09 Jun 2014

Economics, Education and Unlearning

In collaboration with several respected economists in the UK, this report identifies the issues with economics education today. It is a detailed, evidence-based argument outlining the shortcomings of...

by Post Crash Economic Society | On 30 May 2014

Marking Progress Against Child Labour

New estimates presented by International Labour Organization (ILO) indicate that 168 million children worldwide are in child labour, accounting for almost 11 per cent of the child population as a whol...

by International Labour Organisation ILO | On 27 May 2014

The Role of Agriculture in Poverty Reduction: The Indian Experience

Poverty alleviation has been a pre-eminent goal of India’s development efforts since its Independence. Though there has been a significant decline in the incidence of poverty at the national level in...

by Alakh Sharma | On 29 Apr 2014

The Food Security Policy Context in South Africa

The analysis in this report leads to an overall conclusion that the IFSS is an excellent strategy on paper and a relevant framework for different stakeholders, but in reality it lacks implementing pow...

by Josee Koch | On 29 Apr 2014

National Manufacturing Policy (2011)

The concern about the stagnant and low share of the manufacturing sector in India‘s GDP necessitated a dedicated policy for the sector with a view to accelerated development, inclusive growth and prov...

by Ministry of Commerce and Industry GOI | On 01 Apr 2014

Micro, Small, and Medium Enterprise Finance: Improving Access to Finance for Women-owned Businesses in India

This report aims to assess the gap in demand and supply of finance, highlight the opportunity in serving women entrepreneurs, and catalogue initiatives taken by financial institutions in access to f...

by International Finance Corporation | On 13 Mar 2014

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

Report of the Steering Committee on Rapid Poverty Reduction And Local Area Development for the Eleventh Five Year Plan (2007-2012)

The report examines the data on the poor, their characteristics and attempts to profile the poor. It addresses the need to devise a vision for the Eleventh Plan, which derives from the Approach Paper...

by Planning Commission | On 04 Mar 2014

Implementing Integrated Natural Resources Management Projects

The Government of India recently enacted the National Rural Employment Guarantee Act(NREGA) 2005.1 The NREGA guarantees onehundred days of wage employment every year to every rural household whose adu...

by G.M. Antony | On 28 Feb 2014

Education vital for social mobility

Analysis on correlation between parental education levels and students' achievements; impact of government and social mobility strategies on multi-structural problems which inhibit children from achie...

by Economic and Social Council | On 28 Feb 2014

Ending Newborn Deaths: Ensuring every baby survives

This report looks at the progress made in neo-natal care across the world, and also ranks countries in the order of infant mortality rates. The causes of stillbirths, newborn and maternal deaths are e...

by Simon Wright | On 28 Feb 2014

Railway Budget 2014-15

Speech of Shri Mallikarjun Kharge introducing the Railway Budget 2014-15.

by Mallikarjun Kharge | On 14 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

Do Indian States have the Power to Devise their Own Policies? A Study on Fiscal Space

With the decentralization process of the 1990s, linked to economic liberalization, there emerged new decisional scope for regional governments to shape their own policies. But the decentralization pro...

by Kim Robin | On 24 Jan 2014

Financing Infrastructure in Bangladesh – Some Options

This paper seeks to outline the infrastructure needs of Bangladesh with respect to domestic sources of finance. While infrastructure encompasses energy, transportation, telecommunications, water and...

by Ishraq Ahmed | On 22 Jan 2014

Asian Development Bank Sustainability Report

The Asian Development Bank (ADB) Sustainability Report has been issued every 2 years since 2007. The current Sustainability Report contains selected performance highlights of ADB’s operations and corp...

by Asian Development Bank Institute | On 20 Jan 2014

Television as a public health awareness tool to reduce tobacco use in India

Tobacco continues to be a major social and health menace across the globe. It is estimated that by 2030, it would account for the death of about 10 million people per year; half of them aged between 3...

by Dr. Pragati Hebber | On 09 Jan 2014

A Cost-Benefit Analysis of Aadhaar

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

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

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

Asia's Rising Power and America's Continued Purpose

This paper examines a range of possible outcomes in strategic Asia and evaluates the likelihood of each outcome based on the prospective performance of the U.S and the Chinese economies, potential pol...

by Aaron Friedberg | On 26 Nov 2013

Subnational-level Fiscal Health: Stability and Sustainability Implications for Kerala, Punjab, and West Bengal

The Government of India has recently announced that Kerala, Punjab, and West Bengal are fiscally unsound at the level of general category states. The study reviews this projection and assesses their...

by Nimai Das | On 26 Nov 2013

Justice and State-Building in Afghanistan: State vs. Society vs. Taliban: Reflections on a Survey of the Afghan People

In Afghanistan, the process of creating a state judiciary has developed slowly, first through the gradual assertion of state control over sharia courts starting from the reign of Abdur Rahman (1880-19...

by Antonio Giustozzi | On 22 Nov 2013

Strengthening Democracy in Bangladesh

The paper describes of some of the critical challenges to democratization in Bangladesh. While electoral challenges are included, the paper looks beyond elections and describe other factors that can h...

by ASIA FOUNDATION | On 14 Nov 2013

Dishonesty and Selection into Public Service

In this paper, it is demonstrated that university students who cheat on a simple task in a laboratory setting are more likely to state a preference for entering public service. Importantly, it is also...

by Rema Hanna | On 11 Nov 2013

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

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

by Renuka Sane | On 28 Oct 2013

E – Mission Failed

The Central government evolved a computerization policy in 2007 to speed up the cases in the courts, hitherto proceeding at a ‘tortoise pace’. It was called ‘E-Courts Mission Mode Project’. Its object...

by Lawyers Collective | On 25 Oct 2013

Remittance Needs and Opportunities in India

This report synthesises a national study on domestic migration and remittance flows, four migration corridor studies, and an analysis of the Indian payment system with respect to small money transfe...

by Y S P Thorat | On 22 Oct 2013

Rationalism Rationed

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

by Oscar F Picazo | On 22 Oct 2013

Financial Literacy among Working Young in Urban India

The paper reports investigation of a study on the influence of various socio-demographic factors on different dimensions of financial literacy among the working young in urban India. While the influe...

by Sobhesh Kumar Agarwalla | On 14 Oct 2013

Identity Politics and Statehood Movements in India

The paper has explored into the reasons behind political mobilization of minority ethnic groups in support of smaller states. In accordance with the above hypothesis, the paper has tried to arrive at...

by Rajat Ganguly | On 11 Oct 2013

Envisioned Scope and Challenges of National Food Security Bill

National Food Security Bill (NFSB) aims to make food easily accessible at affordable prices to people. But there are operational and financial difficulties in implementing this.

by Sweety Thomas | On 07 Oct 2013

Does Economic Growth Reduce Corruption? Theory and Evidence from Vietnam

Government corruption is more prevalent in poor countries than in rich countries. This paper uses cross-industry heterogeneity in growth rates within Vietnam to test empirically whether growth leads...

by Jie Bai | On 03 Oct 2013

A Study on Fiscal Space

In the study states’ finances is analysed to see whether all states have been able to create a fiscal space and whether their fiscal capacities have increased over time. Then the states’ spending is l...

by Kim Robin | On 23 Sep 2013

Measuring International Remittances in India: Concepts and Empirics

India is the top remittance receiving nation in the world. The international remittance receipts in India have grown at an impressive rate of 300 per cent during the past decade. Understanding the tru...

by Puja Guha | On 13 Sep 2013

Improving Public Financial Management in India: Opportunities to Move Forward

In recent years the role of a sound PFM system to achieve the objectives of fiscal discipline, strategic planning, and improved service delivery has been getting increasing public attention in India....

by Pratap Ranjan Jena | On 12 Sep 2013

Crystallizing Fault-lines: Turkey’s Democratic Durability at Risk

In the aftermath of the anti-governmental Gezi demonstrations of May-June and the conclusion of the Ergenekon trial earlier this month, clear fault-lines are crystallizing in the Turkish political lan...

by Ozan Serdaroglu | 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

Malaysia: Recent Developments in Agricultural Research

Main issues of concern looking to the future include ongoing maintenance of capacity and infrastructure given government funding cuts, and the training and mentoring of junior staff needed to replace...

by Kathleen Flaherty | On 04 Sep 2013

Anti-Superstition Legislation

After a long and gruelling campaign by ANS for the past eight years to enact a Law against Superstition which harm the citizens, the Maharashtra State Government under the leadership of the new Chie...

by Maharashtra Andhshraddha Nirmoolan Samiti MANS | On 22 Aug 2013

The Mental Health Care Bill, 2013

A bill to provide for mental health care and services for persons with mental illness and to protect, promote and fulfil the rights of such persons during delivery of mental health care and services a...

by Lok Sabha | On 21 Aug 2013

The Youth Employment Crisis: A Call for Action

Resolution and conclusions of the 101st Session of the International Labour Conference, Geneva, 2012. [ILO].

by International Labour Organisation ILO | On 16 Aug 2013

For Love or Money? Motivating Workers

An analysis of the ability of employers to provide care and attention as a way to motivate their employees is done. Workers not only compare their wages, as pointed out in previous literature, but als...

by Saima Naeem | On 09 Aug 2013

Fuel Price Hike and Indonesia’s Energy Insecurity

Fuel price hikes have always been unpopular in Indonesia, largely because of their wide-ranging impact on the population. Yet, it is undeniable that the current high subsidies are unsustainable. To mo...

by Margareth Sembiring | On 26 Jul 2013

An Explanatory Analysis of Deprivation and Ill Health Led Poverty in Urban India: A Case Study of Delhi

This paper examines the multi-dimensional nature of urban poverty with special emphasis on ill-health led deprivation. As a driver of poverty, ill-health reduces the income earning potential and incre...

by Samik Chowdhury | On 28 Jun 2013

The National Policy for Children, 2013

To affirm the Government’s commitment to the rights based approach in addressing the continuing and emerging challenges in the situation of children, the Government of India hereby adopts this Resol...

by Government of India Ministry of Women and Child Development | On 13 Jun 2013

Media monitoring on Corruption in Indian print Media

To explore how much coverage is given by Leading Indian newspaper to 2G Scam and Common Wealth Games during the period of study. To explore what kind of image of India is famed by all four newspape...

by Daniel Drache | On 25 Apr 2013

Land Acquisition Bill: Past and Present

Land acquisition, which refers to the process of a government forcibly acquiring private property for public purpose, has been the cause of over a third of the legal conflicts in India in the past dec...

by iGovernment. in | On 19 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

The Securities and Exchange Board of India (Amendment) Bill, 2013

A bill further to amend the Securities and Exchange Board of India Act, 1992. [PRS]. URL:[http://www.prsindia.org/uploads/media//SEBI%20(A)%20Bill,%202013/The%20Securities%20and%20Exchange%20Board%20...

by Parliamentary Research Service PRS | On 19 Mar 2013

Kerala Budget Speech 2013-14

Finance Minister Shri. K. M. Mani has presented the State Budget for the coming financial year 2013-14 in the Kerala Legislative Assembly on 15 March 2013. This is the eleventh budget by the minister...

by K.M. Mani | On 15 Mar 2013

The Lancang-Mekong River Basin: Reflections on Cooperation Mechanisms Pertaining to a Shared Watercourse

The ambitious development plans for the Lancang-Mekong River Basin (LMRB) could have serious environmental, social, cultural and even geopolitical ramifications that could in turn destabilise the Meko...

by Apichai Sunchindah | On 15 Mar 2013

Indian Banking Sector: Pushing the Boundaries

Asset quality of banks has come under increasing pressure with rising NPAs and Restructured loans. The Gross NPA ratio for the banking system, which was 2.4% in March 2011, increased to 3.6 per cent b...

by Chakrabarty K C | On 07 Mar 2013

Gambling on the Private Sector at the Cost of the Working Class: NTUI Statement

The budget offers no programme for job creation or any substantive policy measures to contain inflation that continues to erode the real wage while it commits itself to cash transfers and cuts in subs...

by Gautam Mody | On 01 Mar 2013

Nine years later…

Is the Finance Minister going to do a salvage operation? [BS week end ruminations].

by T.N. Ninan | On 27 Feb 2013

No Fireworks Railway Budget

Modernization, encouragement to PPP, integration of MGNREGA, has been given importance in the railway budget.

by IRIS India IRIS | On 27 Feb 2013

Odisha Budget 2013-14: Part II General

Budget speech presented by Prasanna Acharya. General Budget is presented.

by Government of Orissa | On 25 Feb 2013

Open Budget Survey 2012: India

India's Open Budget score is 68 out of 100. India's budget documents have been found to be informative and as providing substantial relevant information to people.

by MINISTRY OF CONSUMER AFFAIRS, FOOD AND PUBLIC DIST GOI | On 15 Feb 2013

Identification for Development: The Biometrics Revolution

This paper surveys 160 cases where biometric identification has been used for economic, political, and social purposes in developing countries. About half of these cases have been supported by donors...

by Alan Gelb | On 15 Feb 2013

Nutrition Policies in Developing Countries: Challenges and Highlights

There are many nutrition policies in developing countries. What are the challenges faced by these malnutrition policies? There are many countries which have successfully included nutrition in their d...

by Olivier Ecker | On 12 Feb 2013

The Companies Bill, 2011

A bill to consolidate and amend the law relating to companies. [PRS]. URL:[http://www.prsindia.org/uploads/media/Company/companies%20bill%202011.pdf].

by Parliamentary Research Service PRS | On 11 Feb 2013

Domestic Violence Prevention Bill, 2012, Bhutan

Recognizing that the domestic violence is a serious social evil; that there is incidence of domestic violence within Bhutanese Society; that victims of domestic violence are the most vulnerable membe...

by National Assembly of Bhutan | On 11 Feb 2013

Property Tax System in India: Problems and Prospects of Reform

This paper analyses the property tax system in India, examines the reasons for its low revenue productivity, reviews the recent reform initiatives and identifies further reform areas. [NIPFP Working P...

by M. Govinda Rao | On 06 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

Economic Policies and Agricultural Incentives: The Philippine Case

The purpose of this paper is to analyze the impact of economic policies on Philippine agricultural incentives from 1960 up to 1992. Apart from economic policies affecting price incentives, cover publi...

by Cristina C. David | On 24 Jan 2013

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

The New Great Walls: A New Guide to China's Overseas Dam Industry, Second Edition

Chinese hydropower companies and banks are now the largest dam builders in the world. Chinese banks have stepped in to fill the gap left by traditional dam funders such as the World Bank. The Chines...

by International Rivers Network IRN | On 15 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

Political Clientelism and Capture: Theory and Evidence from West Bengal, India

There are relatively few theoretical models or empirical analyses of clientelism which analyse the sources and consequences of clientelism. Data from household surveys in rural West Bengal are used t...

by Pranab Bardhan | 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

The Real Exchange Rate and Export Growth: Are Services Different?

The determinants of exports of services, distinguishing between modern and traditional services are considered. The growth of export volumes and so-called export surges – periods of rapid sustained...

by Barry Eichengreen | On 02 Jan 2013

Corruption Perceptions Index 2012

The Corruption Perceptions Index is constructed by the Transparency International. The Corruption Perceptions Index measures the perceived levels of public sector corruption in countries worldwide. Ba...

by Transparency International TI | On 07 Dec 2012

Security Sector Governance (SSG) and Conflict Management in Indonesia: The Aceh Case

This paper examines the evolution of security sector governance (SSG) in Indonesia, focusing in particular on the effects of security sector reform (SSR) on the management of the secessionist conflict...

by Rizal Sukma | On 26 Oct 2012

The Rajiv Gandhi National Institute of Youth Development Bill, 2011

To declare the institution known as the Rajiv Gandhi National Institute of Youth Development, to be an institution of National importance and to provide for its incorporation and for matters connected...

by Ministry of Youth and Sports Affairs YAS | On 05 Oct 2012

The Nuclear Safety Regulatory Authority Bill, 2011

A bill to establish an Authority and such other regulatory bodies for regulation of radiation safety or nuclear safety and achieving highest standards of such safety based on scientific approach, op...

by Parliamentary Research Service PRS | On 01 Oct 2012

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

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

by Trilegal Bulletin | On 01 Oct 2012

What Do Teachers Do? Teacher Quality Vis-a-vis Teacher Quantity in a Model of Public Education and Growth

This paper analyses the contribution of teachers in a public education system and its implication for growth. Focus is given exclusively on two teacher-specfi?c inputs (teacher quality and teacher q...

by Mausumi Das | On 21 Sep 2012

Exposure Draft National Youth Policy 2012

The NYP 2012 is a step forward from the earlier Policy formulated in 1988 and, later, in 2003. It reaffirms commitment of the nation to the rights and holistic development of the young people of the c...

by Ministry of Youth and Sports Affairs YAS | On 12 Sep 2012

Vital Stats: Parliament in Monsoon Session 2012

Little business was transacted in the Monsoon Session of Parliament as protests over the CAG audit of coal block allocations regularly disrupted proceedings. Both houses fell significantly short of t...

by Devika Malik | On 12 Sep 2012

Financial Stability Report Issue No. 5

The report reflects the collective assessment of the Sub Committee of the Financial Stability and Development Council (FSDC) on potential risks to financial stability. [RBI]. URL:[http://rbidocs.rbi....

by Reserve Bank of India RBI | On 04 Sep 2012

Health Policy Processes in Gujarat: A Case Study of the Policy for Independent Nurse Practitioners in Midwifery

The policy processes of the policy on ‘Nurse practitioners in midwifery’ (NPM) are described. The policy aims to educate and create a new cadre of competent midwives in the government hospitals as an...

by Sharma Bharati | On 03 Sep 2012

MTNL: Why the Slow Death?

What is the cause of deteriorating services from MTNL? Suggestions are given to improve its services.

by Alex George | On 03 Sep 2012

The Air that We Breathe: Addressing the Risks of Global Urbanization on Health

The Editors examine the lack of correlation between the size of a city and its air quality, noting that the strength of environmental laws and the accountability of the country's government have a gre...

by PLoS Medicine Editors | On 30 Aug 2012

Recent Developments in Kerala State Finances

This paper covers recent trends in a series of broad indicators of the financial health of the Government of Kerala with its developmental policy as the backdrop. It examines fiscal balances in Kerala...

by Tapas K. Sen | On 30 Aug 2012

Revisiting the Devolution of ENR Functions

The devolution of environment and natural resource functions to local government units was a bold move in the history of environmental Management in the Philippines. However, the implementation of the...

by Senate Economic Planning Office SEPO | On 28 Aug 2012

Japan’s Post-Triple-Disaster Growth Strategy

This paper discusses the scope of the many challenges and sets out a long-term strategy for overcoming them and putting the Japanese economy on a stable growth path. [Working Paper No. 376]. URL:[http...

by Masahiro Kawai | On 24 Aug 2012

Nationalist Sentiments Run High in Asian Territorial Disputes

Spot fire disputes have sparked across Asia, with the winds of nationalism spurring them on. If one flares up it could ignite a region. Escalating tensions should have mediators vigilant and with pai...

by Elliot Brennan | On 24 Aug 2012

Mobile Financial Services in Bangladesh: An Overview of Market Development

The objective of this report is to share a market level overview of the early stage progress of (Mobile Financial Services) MFS in Bangladesh up through the first quarter of 2012. A series of short s...

by Bangladesh Bank BB | On 23 Aug 2012

Economic and Financial Developments in Odisha

The economic and financial structure of Odisha is highlighted. Various financial inclusion initiatives are taken by the Reserve Bank with a particular reference to Odisha. The macroeconomic policy cha...

by Deepak Mohanty | On 22 Aug 2012

The Public Interest Disclosure and Protection to Persons Making the Disclosures Bill, 2010

Commonly known as the Whistleblower's Bill, it seeks to establish a mechanism to register complaints on any allegations of corruption or wilful misuse of power against a public servant. The Bill also...

by Parliamentary Research Service PRS | On 17 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

The Quality of Governance How Have Indian States Performed?

What is ‘good’ governance? Can the quality of governance be measured? And how do state governments in India measure up by such a measure? [Working Paper no. 104]. URL:[http://www.nipfp.org.in/neww...

by Sudipto Mundle | On 02 Aug 2012

National Strategy for Financial Education

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

by Pranab Mukherjee | On 20 Jul 2012

Reexamining the Finance–Growth Relationship for a Developing Economy: A Time Series Analysis of Post-reform India

The cross-country empirical literature on the finance-growth relationship has debated three propositions: (i) financial deepening has a strong impact on the growth process; (ii) measures of financia...

by Sabyasachi Kar | On 13 Jul 2012

Review of Philippine Migration Laws and Regulations Gains, Gaps, Prospects

The Philippines has often been cited as the global model in managing international labor migration. Despite the complexity of our management infrastructure, however, some gaps still remain. This pap...

by Julyn S Ambito | On 12 Jul 2012

Domestic Violence Prevention Bill 2012: Bhutan

This Act ensures a prompt and just legal remedy for the victims of domestic violence; facilitate access to remedies for immediate and effective assistance, shelter homes and protection to the victims...

by National Assembly of Bhutan | On 11 Jul 2012

Political Strongholds and Budget Allocation for Developmental Expenditure: Evidence from Indian States, 1971-2005

This paper examines the effects of political factors on allocation of revenue budget for developmental expenditure by the sub-national governments, using data from 15 major states in India during the...

by Arun Kaushik | On 10 Jul 2012

Cultural Proximity and Loan Outcomes

Evidence is presented to show that shared codes, religious beliefs, ethnicity - cultural proximity - between lenders and borrowers improves the efficiency of credit allocation. In-group preferential t...

by Raymond Fisman | On 05 Jul 2012

National Budget of Bhutan: Financial Year 2012-13

Budget of Bhutan 2012-13. URL:[http://www.mof.gov.bt/downloads/BudgetReport2012.pdf].

by Minister of Finance Bhutan | On 04 Jul 2012

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

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

by Yuwei Hu | On 02 Jul 2012

Income Related Inequality in Financial Inclusion and Role of Banks: Evidence on Financial Exclusion in India

This paper analyzes income related inequality in financial inclusion in India using a representative household level survey data, linked to State-level factors. This paper also provides estimates of...

by Rama Pal | On 27 Jun 2012

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

What Should Regulation do in the Field of Micro-finance?

Recent events in India have brought a fresh focus on the appropriate regulatory stance towards micro-finance. In this paper, facts and recent experience about Indian microfinance is reviewed. The puz...

by Renuka Sane | On 19 Jun 2012

Asset Price Bubble and Banks: The Case of Japan

This paper analyses the behaviour of the Japanese banks at the outset of the asset price bubble in the late 1980s. The paper argues that with the advent of financial deregulations, the declining trend...

by Hossain Monzur | On 29 May 2012

Cambodia’s Hydropower Development and China’s Involvement

The research was undertaken to better understand the current policy and plans of the Cambodian government for the electricity sector; map the decision-making process; develop a greater understanding...

by Carl Middleton | On 25 May 2012

The Impact of 1998 and 2008 Financial Crises on Profitability of Islamic Banks

The paper investigates the profitability of 78 Islamic banks in 25 countries for the period of 1992-2009. The Fixed Effect Model (FEM) used to analyse profitability shows that profit efficiency is pos...

by NOR HAYATI BT AHMAD | On 24 May 2012

Black Money

The objective of this paper is to place in the public domain various facets and dimensions of black money and its complex relationship with the policy and administrative regime in the country. The pa...

by Ministry of Finance | On 22 May 2012

Integrating Urban Datasets: The Path to Effective Socio-Economic Planning in Urban Pakistan

Effective urban policy making and implementation in Pakistan is impeded by the problem of integrating data containing incompatible spatial references. There is great heterogeneity across spatial units...

by Sohaib Khan | On 16 May 2012

Dispute Settlement in the WTO, Developing Countries and India

The paper undertakes an examination of the experience of developing countries with dispute settlement vis-à-vis developed countries during the 17 years since the entry into force of the WTO Agreement....

by Anwarul Hoda | On 08 May 2012

Trans-boundary River Basins in South Asia: Options for Conflict Resolution

India's trans-boundary riparian policies affect four countries - Pakistan, Nepal, Bhutan and Bangladesh - on three river systems - the Indus, the Ganga and the Brahmaputra-Mehgna. China's riparian pol...

by Gopal Siwakoti Chintan | On 25 Apr 2012

Draft National Early Childhood Care and Education (ECCE) Policy

The National Early Childhood Care and Education (ECCE) Policy reaffirms the commitment of the Government of India to provide integrated services for holistic development of all children, along the con...

by Government of India Ministry of Women and Child Development | 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

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

West Bengal Budget Speech: 2012-13

Speech by Amit Mitra, Minister of Finance. [Government of West Bengal]. URL:[http://www.wbfin.nic.in/writereaddata/Budget_Speech/2012_English.pdf].

by West Bengal Government | On 13 Apr 2012

The Great Depression and the Great Recession: What have we Learned?

The Financial Crisis of 2007-2008 and the Great Recession of 2007-2009 are now in the past. Again there was the debt crisis of 2010-11. During the worst of the recent financial crisis/Great Recession...

by Michael D Bordo | On 13 Apr 2012

India’s Call on BRICS : Aligning with China without a Deal

China–India association in the BRICS bloc of countries is an example of multilateralism at its height. For China, the BRICS group holds a strategic significance as it is targeted towards the Western...

by Jagannath P Panda | On 04 Apr 2012

Price and Income Elasticity of Imports: The Case of Pakistan

The paper estimates the elasticity of Imports with respect to relative prices and income for Pakistan from 1971 to 2009. What distinguishes this paper from the earlier studies is the use of robust est...

by Khurram Ashfaq Baluch | On 30 Mar 2012

1391 National Budget of Afghanistan

According to M Mustafa Mastoor, the Deputy Minister of Finance, “The national budget is more than just a financial document. It is government’s plan for the development of Afghanistan. We are committ...

by Ministry of Finance Afghanistan | On 28 Mar 2012

Budget Speech 2012-13: Goa

Budget speech by Ministry of Finance, Goa. [Budget Speech]. URL:[http://www.goa.gov.in/pdf/Speech12-13.pdf].

by Goa Government | On 28 Mar 2012

Odisha Budget Speech 2012-13

Budget Speech by Shri Prafulla Chandra Ghadai. [Government of Odisha]. URL:[http://www.orissa.gov.in/finance/Budgets/2012-13/BUDGET%20SPEECH%20ENGLISH.pdf].

by Government of Orissa | On 27 Mar 2012

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

The Marriage Laws (Amendment) Bill, 2010

A bill further to amend the Hindu Marriage Act, 1955 and the Special Marriage Act, 1954. [PRS]. URL:[http://www.prsindia.org/uploads/media/Marriage%20Laws/Marriage%20Laws%20Bill%202010.pdf].

by Parliamentary Research Service PRS | On 26 Mar 2012

National Budget of Bhutan-2011-12

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

by Minister of Finance Bhutan | On 22 Mar 2012

BMC Budget 2012-13

Budget presented to Municipal Commissioner. . [BMC Annual Reports]. URL:[http://www.mcgm.gov.in/irj/go/km/docs/documents/MCGM%20Department%20List/Chief%20Accountant%20(Finance)/Budget/Complete%20Engli...

by Municipal Commissioner BMC | On 22 Mar 2012

Kerala Budget 2012-13

Minister for Finance, Sri. K. M. Mani presented his 10th Budget for the year 2012-13. The Kerala government raised the retirement age of government employees from 55 years to 56 years. [Budget Spe...

by Government of Kerala Govt | On 20 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

Sarva Shiksha Abhiyan, GOI 2012-13

This brief uses Government reported data to analyse Sarva Shiksha Ahiyan performance along the following parameters: a) Overall trends in allocation and expenditures, b) Expenditure performance across...

by Accountability Initiative | On 16 Mar 2012

Report on China's Central, Local Budgets (2012)

REPORT ON THE IMPLEMENTATION OF CENTRAL AND LOCAL BUDGETS FOR 2011 AND ON DRAFT CENTRAL AND LOCAL BUDGETS FOR 2012. [Ministry of Finance Report]. URL:[http://www.npc.gov.cn/englishnpc/news/...

by Ministry of Finance China | On 15 Mar 2012

Federal Budget of Pakistan-2011-12

BUDGET SPEECH 2011-2012 by DR. ABDUL HAFEEZ SHAIKH, Minister for Finance, Revenue, Economic Affairs, Statistics and Planning & Development.

by Minister of Finance Pakistan | On 12 Mar 2012

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

Theft and Loss of Electricity in an Indian State

Utilizing data from the power corporation of Uttar Pradesh, India’s most populous state, the politics of electricity theft over a ten year period (2000–09) is studied. It is seen that electricity the...

by Miriam Golden | On 06 Mar 2012

Issues and Challenges with the Philippines' Public Corporate Sector

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

by Senate Economic Planning Office SEPO | On 06 Mar 2012

Penance time

The time has come for the governmant to make up for its sins of the past three years. The Budget must be judged on whether it shows that the govt is in the mood to recognize its follies, and in a posi...

by T.N. Ninan | On 05 Mar 2012

The End of the “Liberal Theory of History”? Dissecting the U.S. Congress’ Discourse on China’s Currency Policy

In the last ten years, economic issues related to currency policy have become the major ongoing dispute between China and the U.S. Especially the U.S. Congress is stridently demanding a tougher poli...

by Nicola Nymalm | On 01 Mar 2012

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

Study on Impact of Micro Finance in Reduction of Domestic Violence Against Women

The main objective of the study is to investigate whether there is any evidence to support the view that the disbursement of micro finance to women reduces the incidence of domestic violence, and if...

by Institute of Social Studies Trust ISST | On 23 Feb 2012

Electoral Rules, Forms of Government and Redistributive Policy: Evidence from Agriculture and Food Policies

The effect of electoral rules and forms of government on public policy outcomes using a new dataset on agriculture and food policies from 74 countries over the 1960-2005 period is investigated. Using...

by Alessandro Olper | On 22 Feb 2012

Regional and Global Monetary Cooperation

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

by Mario Lamberte | On 21 Feb 2012

Myanmar Economy: A Comparative View

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

by U Myint | On 15 Feb 2012

Are Saving and Investment Cointegrated? A Cross Country Analysis

Saving is an important part of the economic process that gives rise to investment and economic growth. In this paper an attempt is made to explore the relationship between saving and investment in t...

by Sanjib Bordoloi | On 14 Feb 2012

The Financial Structure and Performance of Philippine Credit Cooperatives

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

by Gilberto M Llanto | On 13 Feb 2012

Aiding Conflict: The Impact of U.S. Food Aid on Civil War

This paper examines the effect of U.S. food aid on conflict in recipient countries (these include Asian countries like Afghanistan, Sri Lanka). To establish a causal relationship, time variation in fo...

by Nathan Nunn | On 08 Feb 2012

Comparing the Technical Efficiency of Indian Banks Operating Abroad and Foreign Banks Operating in India: A Stochastic Output Distance Function Approach

The aim of this paper is to compare the technical efficiency of Indian Banks operating abroad and foreign banks operating in India and to investigate the effect of openness of the country, ownership...

by Vivek Kumar | On 08 Feb 2012

Bank Lending and Monetary Shocks: Evidence from a Developing Economy

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

by M. Ali Choudhary | On 08 Feb 2012

The Euro Zone Crisis and its Dimensions and Implications

The sovereign debt problems in the peripheral economies of the euro zone has started to pose a serious threat to the main economies of the Europe and perhaps to the future of the 'euro‘ itself. Such a...

by M R Anand | On 06 Feb 2012

How is Financial Regulation Different for Micro- Finance?

What is the role of financial regulation in the field of micro- finance? This paper identifi es two features of micro- finance which call for unique treatment in policy considerations as compared...

by M Sahoo | On 03 Feb 2012

Inflation in Nepal

A large number of studies in Nepal have been conducted to identify the factors responsible for inflation based on the different theories of inflation. Although these studies provide insight into the...

by Nepal Rastra Bank Research Department NRB | On 02 Feb 2012

Fiscal Policy in India: Trends and Trajectory

This essay examines the trajectory of India?s fiscal policy with a focus on historical trends, fiscal discipline frameworks, fiscal responses to the global financial crisis and subsequent return to a...

by Supriyo De | On 31 Jan 2012

“Reserve Bank of India Post-Policy Conference Call”

RBI Governor D. Subbarao answering to researchers after publishing the monetary policy. [RBI]. URL:[http://rbidocs.rbi.org.in/rdocs/Content/PDFs/RBIRA27012012.pdf]

by Reserve Bank of India RBI | On 30 Jan 2012

Intentions vs. Implementation of Philippine Economic Reforms Under Aquino, 1986-92

This paper explains the gaps between official objectives and the actual accomplishments of the Aquino government, with an emphasis on the implementation record of agricultural-based strategies. Summar...

by V. Bruce J Tolentino | On 30 Jan 2012

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

Vital Stats: Assembly Elections 2012

The Election Commission recently announced the poll schedule for Assembly elections in five States – Uttar Pradesh, Punjab, Uttarakhand, Manipur and Goa. As parties prepare for the upcoming election...

by Rohit Kumar | On 24 Jan 2012

Myanmar’s Reforms: The Challenges Ahead

The release of many high-profile political prisoners by Myanmar’s government has been applauded by the international community. Many obstacles to reform still exist, but they are not the usual suspect...

by Kyaw San Wai | On 24 Jan 2012

Banks, Policy and Risks

This paper assesses the sources of risk for Indian banks in the context of their history, structure, level of development, and policy environment and draws out implications for global and domestic pol...

by Ashima Goyal | On 18 Jan 2012

Challenges in IMS Reforms: A Global and Emerging Markets Perspective

The current global financial crisis has reopened an old debate on the international monetary system by baring weaknesses and flaws that have long been known. The debate is centred on both stability an...

by Alok Sheel | On 10 Jan 2012

Credit and Growth Cycles in India: An Empirical Assessment of the Lead and Lag Behaviour

This paper studies the leadlag pattern in the interaction between credit and growth cycles of India at three levels i.e. at the aggregate level for annual GDP growth, at the sectoral level across a...

by Krittika Banerjee | On 06 Jan 2012

Inter-connectedness of Banks and NBFCs in India: Issues and Policy Implications

The recent global financial crisis (2007-09) has clearly highlighted the gravity of high financial inter-connectedness within the financial system. In the Indian context, this brief study attempts to...

by Karunagaran A | On 05 Jan 2012

The Open Knowledge Foundation: Open Data Means Better Science

This article focuses on the Open Knowledge Definition and the Panton Principles for Open Data in Science. Some of the tools the group has developed to facilitate the generation and use of open dat...

by Jennifer C Molloy | On 03 Jan 2012

The National Food Security Bill, 2011-as introduced in Lok Sabha

A bill to provide for food and nutritional security in human life cycle approach, by ensuring access to adequate quantity of quality food at affordable prices to people to live a life with dignity...

by Lok Sabha | On 30 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

The Judicial Standards and Accountability Bill, 2010

A bill to lay down judicial standards and provide for accountability of judges and establish credible and expedient mechanism for investigating into individual complaints for misbehaviour or incapacit...

by Parliamentary Research Service PRS | On 29 Dec 2011

Contribution of Services Sector in the Economy of Pakistan

The services sector has provided steady support to Pakistan’s economic growth. It share in GDP now stands a more than 50 percent. The paper analyses its continuation in the growth of the economy in...

by Ayaz Ahmed | On 29 Dec 2011

The Evolving Dynamics of Global Economic Power in the Post-crisis World: Revelations from a New Index of Government Economic Power

This paper develops an index for measuring the economic power of governments viewed as entities in themselves. The basic idea is to encapsulate the economic representative power of a nation’s governme...

by Kaushik Basu | On 27 Dec 2011

Insights into Workers and ‘Political’ Union

Review of the book Workers, Unions and Global Capitalism: Lessons from India, Rohini Hensman, Tulika Books, New Delhi, 2011, pp. xix + 415

by Sharit Bhowmik | On 27 Dec 2011

Economic and Financial Developments in Andaman and Nicobar Islands

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

by Deepak Mohanty | On 26 Dec 2011

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

Union Power November 2011

The three year journey of the G-20 Heads of Government Summit from Washington in 2008 to Paris this November is signified by two markers of the depth of the global capitalist crisis. First, that the c...

by Louise Ross | On 14 Dec 2011

A China Round of Multilateral Trade Negotiations

Until recently, the World Trade Organization (WTO) has been an effective framework for cooperation because it has continually adapted to changing economic realities. The current Doha Agenda is an ab...

by Aaditya Mattoo | On 13 Dec 2011

China’s Financial Integration into the World Economy: Scrutinising China‘s International Investment Position

Possible scenarios for China and the world economy until 2015 is looked at. In all of them, China will continue to accumulate FX reserves, so that reserve assets will remain the largest component of...

by Catherine Shu Ling Tan | On 08 Dec 2011

A Regulatory Approach to Financial Product Advice and Distribution

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

by M Sahoo | On 08 Dec 2011

Legislative Brief: The Pension Fund Regulatory and Development Authority Bill, 2011

The Pension Fund Regulatory and Development Authority Bill, 2011 was introduced in the Lok Sabha by Mr. Pranab Mukherjee, Minister for Finance on March 24, 2011. The Bill was referred to the St...

by M. R. Madhavan | On 01 Dec 2011

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

Rejigging the Elephant Dance

India's development challenges. The India growth story was thrown off track by the global financial crisis which engulfed virtually every country in the world. We recovered from the crisis sooner than...

by Duvvuri Subbarao | On 30 Nov 2011

Fifth Krishna Raj Memorial Lecture Series: Moving Towards Universal Access to Health Care- 5

The Fifth Anusandhan Trust’s Krishna Raj Memorial Lecture Series on Contemporary Issues in Health and Social Sciences was held on January 5, 2011. The speakers were Dr. K. Srinath Reddy (Chairperson o...

by Hansa Thapliyal | 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

An Estimated DSGE Model of the Indian Economy

A closed model DSGE model of the Indian economy is developed and it is estimated by Bayesian Maximum Likelihood methods using Dynare. A model is build up in stages to with a number of features impo...

by Vasco Gabriel | On 28 Nov 2011

Social Security and Labor Migration in ASEAN

This policy brief takes a preliminary look at portability of social security in ASEAN, particularly old-age, retirement, and survivor benefits. The next section discusses the growth of intra-ASEAN...

by Gloria O. Pasadilla | On 28 Nov 2011

Publishing Construction Contracts as a Tool for Efficiency and Good Governance

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

by Charles Kenny | On 25 Nov 2011

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

The Challenge of Food Inflation

The trends in food inflation over the past 60 years are given. Having thus set the context, the factors driving structural food inflation, which should give us a perspective of the underlying dynam...

by Duvvuri Subbarao | On 24 Nov 2011

Where is the Virtue in the Middle Class?

It is widely agreed by economists and political scientists that the middle class is vital to progress because of its many virtues. But it is difficult to define a middle class by income in a manner t...

by Charles Kenny | On 16 Nov 2011

The Impossible Trinity and Capital Flows in East Asia

The Impossible Trinity doctrine still holds a powerful sway over policymakers, advisors (particularly the International Monetary Fund [IMF]) and academia. In East Asia over the past decade, however,...

by Stephen Grenville | On 15 Nov 2011

Financing Infrastructure for Connectivity: Policy Implications for Asia

This paper discusses Asia’s infrastructure needs and its corresponding financing needs and challenges. It proposes ways to address financing gaps by identifying potential financing sources and instr...

by Biswa Nath Bhattacharyay | On 09 Nov 2011

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

The Public Procurement Bill, 2011

An Act to regulate public procurement with the objective of maximising economy and efficiency, promoting competition among suppliers and contractors while ensuring a fair, transparent and equitable...

by Planning Commission | On 08 Nov 2011

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

Economic and Financial Developments in Goa

Goa is celebrating the Golden Jubilee Year of its Liberation. The recent economic achievements of the state are highlighted. The economic and financial structure of the state as well as the various fi...

by Deepak Mohanty | On 04 Nov 2011

The Financial Accelerator: An Emerging Market Story

In support of the financial-accelerator theory, evidence is found on countercyclical price-cost banking margins possibly explaining the amplifications of business cycles in Pakistan. [WP 41]. URL:[ht...

by Shah Hussein | On 03 Nov 2011

Coordination Under Uncertain Conditions: An Analysis of the Fukushima Catastrophe

This paper analyzes the impacts of the 11 March 2011 earthquake and tsunami at the Fukushima nuclear power plant in Japan, which were amplified by a failure of coordination across the plant, corporate...

by Masahiko Aoki | On 03 Nov 2011

Teaching How to Bridge Neuroscience, Society, and Culture

In most universities, sharp disciplinary and departmental divisions continue to this day and have regrettably translated into the life sciences being taught with scarce attention to their historical a...

by Giovanni Frazzetto | On 31 Oct 2011

Emigration of Women Domestic Workers from Kerala: Gender, State Policy and the Politics of Movement

Restrictions imposed by the Government of India on the emigration of women in ‘unskilled’ categories such as domestic work are framed as measures intended to protect women from exploitation. Specia...

by Praveena Kodoth | On 24 Oct 2011

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

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

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

Loan-to-Value Ratio as a Macro-Prudential Tool: Hong Kong's Experience and Cross-Country Evidence

This study assesses the effectiveness and drawbacks of maximum loan-to-value (LTV) ratios as a macroprudential tool based on Hong Kong’s experience and econometric analyses of panel data from 13 eco...

by Eric Wong | On 03 Oct 2011

User-based Financing of Marine Protection in the Maldives

This paper provides an economic valuation of the recreational uses of atoll-based marine resources in the Republic of the Maldives. A travel demand model to estimate the benefits of atoll-based marin...

by Mahadev G Bhat | On 30 Sep 2011

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

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

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

Global Production Networks in Electronics and Intra-Asian Trade

The growth of East Asia’s intra-regional trade is driven largely by increased component trade within global electronics production networks. Data on both electronics trade and production elucidate a...

by Byron Gangnes | On 29 Sep 2011

Understanding Inflation and Controlling It

Inflation management is one of the hardest tasks an economic policymaker has to undertake. It appears, at first sight, that one can rely entirely on commonsense to carry out this task. But that will b...

by Kaushik Basu | On 28 Sep 2011

Valuing the Recreational Uses of Pakistan’s Wetlands: An Application of the Travel Cost Method

This study applies a single-site truncated count data travel cost model in order to estimate the value visitors place on recreation in Keenjhar. The recreational use value associated with Keenjhar...

by Ali Dehlavi | On 27 Sep 2011

Mitigating Climate Change Through Agriculture

Among the major challenges currently faced by humanity are food security and climate change. Agriculture plays a significant role in both. Adapting to climate change is expected to be an increasing ...

by Claire Schaffnit Chatterjee | On 26 Sep 2011

Integrated Financial MIS for Local Government Public Expenditure Management - A Case Study of Khajane in Karnataka

Expenditure Management is critical to effective public service delivery, especially at the local government level. Leveraging on information systems to aid in expenditure management is viewed as an ...

by Sandeep M S | On 20 Sep 2011

The Lok Pal Bill Debate: Lack of Accountability, not Anna Hazare's Fast, Should be the Focus

The paper analysis the current situation of corruption in India, the protests against it, the role of NGOs and the Lok Pal Bill

by Asian Centre for Human Rights ACHR | On 19 Sep 2011

The New Great Walls: A Guide to China's Overseas Dam Industry

The purpose of this guide is to support groups addressing the impacts of dams built by Chinese companies and financiers. The guide is intended for use by non-governmental organizations (NGOs) and in...

by International Rivers Network IRN | On 19 Sep 2011

Iraq’s Last Window: Diffusing the Risks of a Petro-State

This paper, examines the possibility of adopting Oil- to- Cash scheme in Iraq. Here, a new opportunity is identified which aims for direct distribution of Iraqi oil rents in the planned production exp...

by Johnny West | On 19 Sep 2011

Optional Protocol to the Convention on the Rights of the Child on the Sale of Children, Child Prostitution and Child Pornography

The Optional Protocol (OP) to the Convention on the Rights of the Child (CRC) on the Sale of Children, Child Prostitution and Child Pornography was ratified by India on September 16, 2005. This is t...

by Government of India Ministry of Women and Child Development | 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

Agrofuels – A Boost of Energy for the Mekong Region?

This background paper seeks to brief readers on the extent of the development, production and consumption of agrofuels, particularly liquid fuels for transport, in the Mekong region. The area of focu...

by Rebeca Leonard | On 12 Sep 2011

Faster, Sustainable and More Inclusive Growth: An Approach to the 12th Five Year Plan

In preparing the Approach Paper, the Planning Commission has consulted much more widely than ever before recognising the fact that citizens are now much better informed and also keen to engage. Over...

by Planning Commission, India | On 12 Sep 2011

Slower Growth in China: How Much of a Drag on the Global Economy?

China’s expected growth slowdown - from 10.3 per cent yoy in 2010 to 8.9 per cent this year and 8.3 per cent in 2012 - will impact the global economy. An in-depth look at how important China really is...

by Steffen Dyck | On 09 Sep 2011

Fertility Regulation in an Economic Crisis

Substantial international aid is spent reducing the cost of contraception in developing countries, as part of a larger effort to reduce global fertility and increase investment per child worldwide....

by Christopher McKelvey | On 09 Sep 2011

Plan vs. Performance: Monsoon Session – August 01 to September 08, 2011

This note lists the legislative business planned by Parliament and compares it with the actual performance during the Monsoon Session. URL:[http://www.prsindia.org/administrator/uploads/general/13154...

by Kusum Malik | On 08 Sep 2011

Evolution of Property Rights Regimes in the Groundwater Economy of India-Constraints on Moving Towards a Common Property Regime

The paper paper reviews the 'model' central and state government bills, pertaining to groundwater, through a conceptual framework and discusses the Andhra Pradesh experience in the developing governme...

by G.Ananda Vadivelu | On 30 Aug 2011

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

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

by Parliamentary Research Service PRS | On 26 Aug 2011

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

Technology in Banking- In Pursuit of Excellence

The contribution of technology to the Indian banking industry, the role played by IDRBT and the significance of banking technology awards, in fostering the technological developments of banks. Issues...

by Anand Sinha | On 23 Aug 2011

From Economic Meltdown to Social Crunch – Impact of the Global Economic Recession on Social Capital Building in Developing Countries and What We still Don't Know!

This paper draws on the experiences of the Far East Economic Crisis in 1998 and argues that: (1) the poor depended heavily on bonding social capital during the Crisis, but the crunch-point beyond wh...

by Sam Wong | On 22 Aug 2011

Identifying Systemically Important Financial Institutions (SIFIs)

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

by Christian Weistroffer | On 12 Aug 2011

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

Treatment of Valuables as Capital Formation in India: Some Issues and Perspectives

As per UNSNA recommendations, valuables as a separate item had been introduced in the expenditure side of GDP. Since India is one of largest importer and user of gold for various purposes, this trea...

by Rakesh Kumar | On 04 Aug 2011

Financial Inclusion in India: A case-study of West Bengal

The study seeks to examine the extent of financial inclusion in West Bengal. It is observed from the study that although there has been an improvement in outreach activity in the banking sector, the...

by Sadhan Kumar Chattopadhyay | On 03 Aug 2011

Parliament Session Alert: Monsoon Session: August 01 – September 08, 2011

Parliament meets for the Monsoon Session between August 01 and September 08, 2011. There will be a total of 26 sittings. The agenda for government Bills includes 35 pending Bills for consideration...

by Kusum Malik | On 01 Aug 2011

India’s Low Carbon Inclusive Growth Strategy

This paper reviews India.s low-carbon high growth inclusive policy initiatives, comments on their financial sustainability and environmental sustainability and suggests desirable changes. The focus...

by U. Sankar | On 29 Jul 2011

Government Mediated Program on Intensifying Industry-Academia Linkages for Human Resource Development; Experinces of an Innovative Model from TIFAC

The importance of academia- industry linkages for development of an economy is well recognized. With a view to make the higher technical education relevant, by forging and catalyzing functional link...

by Jancy Ayyaswamy | On 26 Jul 2011

World Trade Report 2011- The WTO and Preferential Trade Agreements: From Co-existence to Coherence

The ever-growing number of preferential trade agreements (PTAs) is a prominent feature of international trade. The World Trade Report 2011 describes the historical development of PTAs and the current...

by World Trade Organisation WTO | On 22 Jul 2011

Global Financial Crisis: Implications for Trade and Industrial Restructuring in India

This study investigates the impact of global crisis shocks on India’s trade and industry. Both panel data modeling and vector autoregression techniques are used to understand the dynamic effects of gl...

by Prabir De | On 22 Jul 2011

Pendency of Cases in Indian Courts

The Union Law Minister recently launched the ‘Mission Mode Programme for Reduction of Pendency of Arrears in Courts’. According to media reports, the programme aims to dispose of 40 per cent of the...

by Rohit Kumar | On 15 Jul 2011

Shocks, Economic Growth and the Indian Economy

This paper analyses the impact of domestic and external shocks on the Indian economy. A macro-modelling framework is developed that evaluates the impact of two domestic shocks (rainfall shortfall an...

by B B Bhattacharya | On 15 Jul 2011

Inter-State Imbalances in Essential Services: Some Perspectives

This paper analyzes the inter-state imbalances in three major sectors of the economy, namely, education, health and family welfare, and water supply and sanitation for fifteen major states. It uses...

by C Bhujanga Rao | On 14 Jul 2011

A Thousand Industries In A Thousand Days? State Business Relations and The Puzzle of Orissa's Industrial Performance

In this paper, the phenomenon of 'two types of industrialisation' in Orissa is documented where a fast growing resource based manufacturing sector has co-existed with a stagnant non-resource based...

by Alivelu G | On 11 Jul 2011

The Don Sahong Dam: Potential Impacts on Regional Fish Migrations, Livelihoods and Human Health

This paper focuses on the Don Sahong Dam (DSD’s) potential impacts on fish and fisheries, and particularly the project’s regional implications in relation to fisheries, including its possible impact...

by Ian Bird | On 08 Jul 2011

Mutual Funds and Market Development in India

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

by Subir Gokarn | On 08 Jul 2011

Barriers to Household Risk Management: Evidence from India

Why do many households remain exposed to large exogenous sources of non-systematic income risk? Why don’t financial markets develop to pool these risks? This paper uses a series of randomized field...

by Shawn Cole | On 06 Jul 2011

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

The Effect of Exchange Rate Changes on Trade in East Asia

This paper considers how exchange rates affect East Asian trade. The evidence indicates that exports produced within regional production networks depend on exchange rates throughout the region while l...

by Willem Thorbecke | On 01 Jul 2011

On Graham’s Theory of Multicountry Multicommodity Trade

Mathematical formulations of Frank D. Graham’s theory of multicountry multicommodity trade have not provided numerical methods for finding the world trade equilibrium. Graham was in possession of su...

by Rajas Parchure | On 27 Jun 2011

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

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

by Jean Arkedis | On 21 Jun 2011

The Global AIDS Transition

This landmark essay proposes a new paradigm for combating AIDS and a new objective around which international donors and recipient governments can coordinate their efforts. CGD senior fellow Mead Over...

by Mead Over | On 20 Jun 2011

India - Reforming Farm Support Policies for Grains

The objective of this study is to analyze some of the recent reforms proposed in the operation of government buffer stocks and provision of price support to wheat and rice farmers in India. Based o...

by Shikha Jha | On 17 Jun 2011

Revenue Potential of Panchayats in Kerala

How much more taxes would it be possible for Panchayats in Kerala to collect? This question is important in deciding the financial allocations to such local governments. Information regarding this m...

by Centre for Development Studies | On 17 Jun 2011

Macroprudential Policies: Indian Experience

Reserve Bank of India (RBI) has been using macroprudential polices, more notably the countercyclical policies, since 2004 as a toolkit for ensuring financial stability though it had used them sporadic...

by Anand Sinha | On 16 Jun 2011

Popular Expectations of Government: Findings from Three Areas in Bangladesh

This paper presents findings from research into expectations of government, based on focus group discussion sessions with over 100 poor and very poor people in rural and urban Bangladesh. The resear...

by Tariq Ali | On 15 Jun 2011

City Governments and Public Water Supply in India: Analysing the Institutional Economics

Given that the 74th amendment to the Indian Constitution stipulates that the water supply service is to be transferred to the city/urban governments this note analyses the institutional economics of...

by Centre for Global Development | On 15 Jun 2011

Frontier Issues on the Global Agenda- Emerging Economy Perspective

The article is a report of RBI Minister Duvvuri Subbarao on issuesing concerning the G-20 countries and also issues effecting all the countries collectively.

by Duvvuri Subbarao | On 13 Jun 2011

The Financial Crisis of 2008 and the Developing Countries

Following the financial crisis that broke in the US and other Western economies in late 2008, there is now serious concern about its impact on the developing countries. The world media almost daily...

by Wim Naudé | On 13 Jun 2011

Rethinking the Conceptual Foundations of Kerela's Decentralization in the Light of the Experience during the Past Decade

Though the decade-long decentralization in Kerala has made remarkable achievements in terms of consistent devolution of financial resources, and improvement in the implementation of poverty eradica...

by Centre for Womens Development Studies | On 10 Jun 2011

Non-financial Reporting – What, Why and How - Indian Perspective

The importance of non-financial reporting in the overall assessment of a company's performance, its risk-return trade off is steadily gaining ground, both globally and in India. [Address by Dr K. C...

by Chakrabarty K C | On 10 Jun 2011

Is it Desirable to Take a World Bank Loan for Strengthening Local Governments in Kerela?

This note analyses the desirability of a loan from the World Bank for strengthening local governments of Kerala under two scenarios. First, is the case where the loan supplements the resources of th...

by Centre for Global Development | On 09 Jun 2011

India in the G20: Macroeconomic Policy Coordination, Regulation and Global Governance

The G20 has assumed a leading role in responding to the current financial crisis and reforming the international financial system. The G20 has emerged as the premier forum for the discussion of these...

by National Council of Applied Economic Research | On 08 Jun 2011

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

Globalization Crises, Trade, and Development in Vietnam

Vietnam has been among the most successful East Asian economies, especially in weathering the external shocks of recent globalization crises—the 1997-98 Asian financial crisis and the 2008-09 great...

by Philip Abbott | On 02 Jun 2011

Suicide of Farmers in Maharashtra

The present study focuses on examining socio-economic aspects that can be identified as important risk factors and in providing some suggestions to the GOM. [PP-005] URL: [http://www.igidr.ac.in/suici...

by Srijit Mishra | On 02 Jun 2011

Budget for Children Analysis: A Beginner's Guide

This toolkit is designed to train individuals and civil society on how to conduct a child centered budget analysis to support their advocacy work and to hold state accoutable for the fulfilment of chi...

by HAQ Centre for Child Rights HAQCRC | On 02 Jun 2011

China’s Housing Markets: Regulatory Interventions Mitigate Risk of Severe Bust

A closer look at the developments in 35 cities across China, looking for potential regional real estate bubbles. An assessment is done about the success of the various policies and their potential n...

by Ulrich Clemens | On 02 Jun 2011

Aid Supplies Over Time: Accounting for Heterogeneity, Trends, and Dynamics

The recent financial crisis has rekindled interest in the foreign aid supply behaviour of bilateral donors. Using the latest data covering the period 1960-2009, this paper examines how such behaviou...

by Sam Jones | On 01 Jun 2011

Leasing of Degraded Forest Lands

One of the most critical aspects of information about non-forest wastelands pertains to ownership. Not all may be owned by Government. In addition to uncultivated lands which were historically part...

by Planning Commission | On 27 May 2011

Hong Kong’s Linked Exchange Rate System

Hong Kong has had a linked exchange rate regime of one kind or another for most of its history as a trading and financial centre. In 1863 the Hong Kong Government declared the silver dollar – then a...

by Hong Kong Monetary Authority | On 27 May 2011

Towards a Fair Effective and Sustainable Health Care System for India

Newspapers carry frequent news about increasing government spending in health care and the availability of increasingly more specialised hospital care in India. While facilities in private and gov...

by Rajkumar Ramasamy | On 27 May 2011

Trade Apprenticeship Training in India

The Indian economy was in the mode of globalization and liberalization. But global financial melt down and consequent economic recession in developed economies have clearly been a major factor in...

by Ministry of Labour and Employment | On 24 May 2011

How to bring economics into the 3rd millennium by 2020

This paper argues four theses and outlines an action plan. 1. The Global Financial Collapse has created a climate among the intelligentsia - that strongly supports fundamental changes in economi...

by Edward Fullbrook | On 17 May 2011

Causes of Asset Shortages in Emerging Markets

In this paper it has been illustrated that emerging markets (EMs) face a shortage of financial assets, with financial assets not growing as rapidly as domestic savings. Then the asset shortage in EMs...

by Chen Jiaqian | On 17 May 2011

Monetary Operations and Central Bank Balance Sheets in a World of Limited Government Securities

The limited supply of government securities in some industrial countries has important ramifications for the operating techniques used by central banks to implement monetary policy, provide credit to...

by Mark Zelmer | On 16 May 2011

Bengal Diary: On the Eve of Change: SMS Updates of a West Bengal Tour, April 2011

A tour of West Bengal on the eve of the elections and the results, April 19 – 27, 2011, recorded by a young journalist-in-the-making in a collection of SMS messages.

by Kranti S. Bhatewara | On 13 May 2011

Implementing the CEDAW Convention in Hong Kong: Gender Policy Analysis

The Convention on the Elimination of All Forms of Discrimination Against Women, applicable to the Hong Kong Special Administrative Region (HKSAR) since October 1996, requires States parties to take...

by Moana Erickson | On 13 May 2011

Impact and Sustainability of SHG Bank Linkage Programme

Microfinance programmes are known for their potential to generate income and employment and alleviate poverty in developing countries. They are considered for an important approach to poverty alleviat...

by National Council of Applied Economic Research | On 13 May 2011

Migrant Nightclub/Escort Workers in Hong Kong: An Analysis of Possible Human Rights Abuses

The paper is part of a broader study of the human rights of women who migrate or are trafficked to Hong Kong for the purposes of working in the commercial sex industry. The study is being conduct...

by Robyn Emerton | On 12 May 2011

National Environment Policy

The National Environment Policy, 2006 is the out come of extensive consultations with experts indifferent disciplines, Central Ministries, Members of Parliament, State Governments, Industry Associa...

by Ministry of Environment and Forests | On 12 May 2011

Trafficking of Women into Hong Kong for the Purpose of Prostitution: Preliminary Research Findings

The trafficking of women for the purposes of prostitution into certain parts of Asia, in particular into Thailand, India and Japan, is now relatively well-documented. However, there is very little in...

by Robyn Emerton | On 11 May 2011

Ministry of Finance and Planning Annual Report

This paper contains the annual report of Ministry of Finance and Planning, Government of Sri Lanka. URL: [http://www.treasury.gov.lk/FPPFM/fpd/pdfdocs/annualreports/annualreport2009-eng.pdf]

by Ministry of Finance and Planning, Govt of Sri Lanka | On 10 May 2011

Sexual Harassment in the Workplace

Until 1995, there was no law prohibiting sexual harassment in Hong Kong, except where it rose to the level of a criminal offence or a traditional tort. However, the Sex Discrimination Ordinance (whic...

by Carole J. Petersen | On 09 May 2011

Federalism and Fiscal Reform in India

This paper attempts to analyse the experience of incentivising economic reforms at the state level through central transfers to states. It reviews the experiences of the central government introdu...

by M. Govinda Rao | On 09 May 2011

Book Review: Distance Education: A Growing Sector in Asia

Review of Policy and Practice in Asian Distance Edited by Belawati Tiawati and Baggaley Jon Education, Sage, Publications, India 2010, 260 pages, Rs. 650/-

by Madhu Parhar | On 06 May 2011

Non-Recourse Mortgages and Credit Market Breakdowns: A Framework for Policy Analysis

This paper illustrates that the legal structure of mortgage credit, in particular, its status in terms of recourse in foreclosure, can lead not only to the familiar problem of adverse selection ...

by Kaushik Basu | On 05 May 2011

Who Cares about the Chinese Yuan?

The rise of China in the world economy and in international trade has raised the possibility of a rise of the Yuan as an international currency, particularly after the Chinese authorities have under...

by Vimal Balasubramaniam | On 05 May 2011

Half Yearly Monetary and Financial Stability Report (March 2011)

The Hong Kong economy grew strongly in the second half of 2010. The unemployment rate has now dipped below the trend rate of the past 10 years and the momentum of rising consumer prices has picked...

by Hong Kong Monetary Authority | On 04 May 2011

Nepal and the Pax Indianus

In May 2009, the Asian Centre for Human Rights (ACHR) warned of growing threats to sustainable peace in Nepal. Since that time, Nepal’s politics have continued to polarize. Nepal still has two ar...

by Asian Centre for Human Rights | On 04 May 2011

Deregulation of Savings Bank Deposit Interest Rate: A Discussion Paper

The paper is an attempt to deal with pros and cons of deregulating savings deposit interest rate and take on board the suggestions of various stakeholders for either maintaining the status quo or dere...

by Reserve Bank of India RBI | On 02 May 2011

Encounters

The Tarkunde Committee confirmed that the police and the government of Andhra Pradesh were involved in the cruel practice of committing planned murders and covering it up as encounter. It recommende...

by People's Union for Democratic Rights PUDR | On 28 Apr 2011

Find Me the Money: Financing Climate and Other Global Public Goods

In this paper, four categories of existing resource-mobilization options are examined, including (1) transportation levies; (2) currency and financial transaction taxes; (3) capitalization of IMF S...

by Nancy Birdsall | On 21 Apr 2011

Did the Indian Capital Controls Work as a Tool of Macroeconomic Policy?

In 2010 and 2011, there has been a fresh wave of interest in cap- ital controls. India is one of the few large countries with a complex system of capital controls, and hence others an opportunity to...

by Ila Patnaik | On 21 Apr 2011

Himachal Pradesh Budget 2011-12

Budget Speech of the Finance Minister. URL: [http://admis.hp.nic.in/budget/Aspx/Anonymous/pdf/FS_Eng_2011.pdf]

by Himachal Pradesh Government of India | On 20 Apr 2011

Targeting and Distribution of Post-Tsunami Aid in Sri Lanka : A Critical Appraisal

In this study, two types of aid transfers - boats and houses are examined- that were made to rehabilitate tsunami-affected fishery households in Sri Lanka. The goal is to investigate the distributio...

by Asha Gunawardena | On 20 Apr 2011

Statement by Governor, RBI

There have been significant developments in the global economy since we met in the fall of 2010. The IMF too has moved on several fronts under its mandate which has strengthened its position in a chan...

by Duvvuri Subbarao | On 20 Apr 2011

Ramadan Effect on Price Movements: Evidence from Pakistan

This paper attempts to verify the widespread perception that general price level tends to rise due to the month of Ramadan in Pakistan. For this purpose, the ARIMA methodology (simple and extended f...

by Muhammad Akmal | On 19 Apr 2011

Unique Identity Project in India: A Divine Dream or a Miscalculated Heroism?

This paper, tries to put the current Unique Identity Project (UID) project of India into a perspective to evaluate the set of issues and concerns, as pointed by various stakeholders and try to under...

by Rajanish Dass | On 19 Apr 2011

Financial Transactions Taxes

This paper attempts to address both theoretical and practical considerations for a tax such as financial transactions taxes (FTT). It includes examples of FTT in the wider context, for example, on sto...

by Parthasarathi Shome | On 18 Apr 2011

A Policy Reponse to the Indian Micro-finance Crisis

Recent events in India have brought a fresh focus upon the problem of regulation in the field of micro-finance. This paper delineates the three distinct aspects where government needs to play a role...

by Renuka Sane | On 13 Apr 2011

Our Tahrir Square

The government has alienated the public through months of scandal on a scale not seen till now. URL:[http://www.business-standard.com/india/news/t-n-ninan-our-tahrir-square/431532/]

by T.N. Ninan | On 13 Apr 2011

Corruption Cases against Government Officials

The agitation led by Anna Hazare has focussed on the formation of a Lok Pal to address the issue of corruption. Some data on the existing systems of identifying and prosecuting cases of corruption a...

by Rohit Kumar | On 13 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

Issues Related to the Lok Pal Bill

In January 2011, the government formed a Group of Ministers, chaired by Shri Pranab Mukherjee to suggest measures to tackle corruption, including examination of the proposal of a Lok Pal Bill.

by Kaushiki Sanyal | On 08 Apr 2011

Economic Survey 2010-11

This paper contains the economic survey report for the state of Haryana. URL: [http://web1.hry.nic.in/budget/Economic%20Survey%202010-11.pdf]

by Haryana Government | On 06 Apr 2011

Budget Speech

This paper presents the annual budget of the Goa Government containing the Annual Financial Statement. URL: [https://www.goa.gov.in/portalweb/login/budget_2011-12/speech.pdf]

by Goa Government | On 06 Apr 2011

The Convention on the Elimination of All Forms of Discrimination against Women: Implications for Hong Kong

The Convention on the Elimination of All Forms of Discrimination, applicable to Hong Kong since October 1996, requires States parties to take steps to address all forms of violence against women. Th...

by Andrew Byrnes | On 06 Apr 2011

Presentation - Managing Foreign Exchange Reserves During and After the Crisis

This presentation was given at the Managing Foreign Exchange Reserves in the Crisis and After Seminar by Robert N. McCauley, which was held in Tokyo, Japan on 15 March 2011. URL: [http://www.adbi.org/...

by Robert N. McCauley | On 06 Apr 2011

Hong Kong's Anti-Terrorism Measures Under Fire

Following behind other jurisdictions, Hong Kong tabled its post September 11th anti-terrorism legislation for first reading on April 17, 2002. The United Nations (Anti-Terrorism Measures) Bill (herein...

by Simon N.M. Young | On 05 Apr 2011

Race and Equality: A Study of Ethnic Minorities in Hong Kong’s Education System

This report analyzes the key education-related issues raised in these interviews as well as available studies on the needs of ethnic minority communities, press reports, government reports and edu...

by Kelley Loper | On 01 Apr 2011

Request for Proposal for Selection of Consulting Agency

This paper presents a Solution Approach for Integrated Financial and Human Resource Management Systems for Government of Haryana. URL: [http://www.haryana.gov.in/misc/RFP_eGov_Consultant_IFMS_and_HRM...

by Government of Haryana | On 30 Mar 2011

State Women Policy

The Government of Chhattisgarh is firmly committed to capitalise on its ‘new State advantage’. The State has taken a conscious decision to do away with past legacies and to adopt a fresh approach to...

by Government of Chhattishgarh | On 30 Mar 2011

Foretelling the Mekong: Key Findings of the MRC’s Strategic Environmental Assessment on Mekong Mainstream Dams

With 11 large hydropower dams proposed to block the Lower Mekong River’s mainstream, the future of the river lies at a crossroads. To inform decision-making, in October 2010, the Mekong River Commiss...

by International Rivers Network IRN | On 29 Mar 2011

Status of the Reservation to the Right to Vote in Hong Kong

The Hong Kong government continues to invoke the 1976 reservation to the International Covenant on Civil and Political Rights (ICCPR) entered by the United Kingdom government in relation to Hong Kong....

by Seren S.T. Tang | On 29 Mar 2011

Scheme for “New Initiative in Skill Development through PPP” - Guidelines for Grants-in-Aid and Other Heads

The scheme would facilitate improving both qualitative and quantitative aspects of skill development in Mission Mode by harmonizing efforts of Central / State Governments as well as private sector t...

by Planning Commission, India | On 28 Mar 2011

Parliament Session Wrap: Budget Session – February 21 to March 25, 2011

Nine legislative Bills were introduced during the session. Five Bills were passed and one Bill was withdrawn during the session. Several hours were lost due to interruptions on the issues of appointme...

by Kusum Malik | On 28 Mar 2011

Language Rights in Education: A Study of Hong Kong’s Linguistic Minorities

Although the majority of Hong Kong’s population is Chinese-speaking, the population also includes linguistic minorities, with children enrolled in publicly-funded schools. For minority children to be...

by Sarah Carmichael | On 28 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

Issues Before the Eleventh Finance Commission: Presented and Discussed at the Seminar on The Issues Before the Eleventh Finance Commission

In their tasks to fulfill their constitutional obligations, the Eleventh Finance Commission have to face and solve two broad group of issues. The first relates to the basic principles that ought to go...

by Chelliah Raja J | On 21 Mar 2011

Are Emerging Stock Markets Sideshows? Some Stylised Facts from an Emerging Economy, India

The article addresses one of the most important policy questions: what role do emerging stock markets play in influencing real decisions such as corporate private investment? In this article we pres...

by Saumitra N Bhaduri | On 18 Mar 2011

Banking and Beyond: New Challenges before Indian Financial System

A very basic and core issue for the Indian banking system and that is the challenge of achieving Financial Inclusion. Without being inclusive, financial and economic stability cannot be sustainable. F...

by Chakrabarty K C | On 17 Mar 2011

Protecting Rivers and Rights: The World Commission on Dams Recommendations in Action

The briefing kit highlights key examples of policies, regulations and laws that reflect these WCD recommendations and references specific projects that demonstrate them in action. [IRN brief]. URL:...

by International Rivers Network IRN | On 17 Mar 2011

Budget 2011-12, Punjab

Budget speech by Finance minister. URL:[http://punjabgovt.nic.in/departments/Budget/budget/budget.htm].

by Government of Punjab | On 16 Mar 2011

Cambodia enters the WTO: Lessons learned for Least Developed Countries

The Government of the Kingdom of Cambodia applied for accession to the World Trade Organization in October 1994. At its meeting on 21 December 1994, the Preparatory Committee for the WTO establishe...

by Sok Siphana | On 16 Mar 2011

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

Poverty Targeting in Asia: Experiences from India, Indonesia, the Philippines, People’s Republic of China and Thailand

Poverty targeting, defined as the use of policy instruments to channel resources to a target group identified below an agreed national poverty line, is used by all governments in Asia in one form or...

by John Weiss | On 11 Mar 2011

Future Role of Foreign Banks in Asia

Although the Asian Crisis has brought consensus on the necessity of strong domestic financial systems, there is less agreement as to the role of foreign banks in achieving the goals of economic grow...

by Heather Montgomery | On 10 Mar 2011

Gender Responsive Budgeting: The Case of Kerala

This paper we make an attempt to understand and analyze the budget from a gender perspective. The paper looks into the different areas of allocations, how far it is ‘pro woman’ budget or a ‘gender re...

by Aleyamma Vijayan | On 08 Mar 2011

Budget for Gender Equity

The budgetary policy of the Government has a major role to play in achieving objectives of gender equality and growth through content and direction of Fiscal and Monetary Policies, measures for r...

by Government of India Ministry of Women and Child Development | On 08 Mar 2011

Brihanmumbai Municipal Corporation (BMC) Gender Budget 2011-12

The Corporation has decided to implement various schemes for females within the framework of its obligatory and discretionary functions as laid down in the M.M.C. Act. A step towards it, is a separat...

by Municipal Commissioner BMC | On 07 Mar 2011

Targeting Subsidies for Insecticide Treated Mosquito Nets (ITNs): A Conceptual Framework, Experience from other Sectors and Lessons for ITNs

A number of interventions for preventing and treating malaria have now been shown through a combination of clinical trials and economic analysis to be highly cost-effective (Goodman, Coleman et al....

by Eve Worrall | On 07 Mar 2011

Budget 2011-12 High Growth Not Reflected in Public Spending

With shrinking public spending, State’s health care concerns are specious. The rise in allocations on the health sector will only have limited impact on its efficiency and availability.

by Ravi Duggal | On 06 Mar 2011

Failed States, Vicious Cycles, and a Proposal

The problems of failed states, including the repeated return to power of former warlords are examined. It is argued that this causes institutions to become weaker and people to get poorer. It is argue...

by Raghuram G. Rajan | On 04 Mar 2011

Integrated Disease Surveillance Project (IDSP): Non-Communicable Disease Risk Factors Survey

The overall objective of the Non-Communicable Disease (NCD) risk factors survey was to improve the information available to the Government health services and care providers on a set of high-priority...

by Ministry of Health and Family Welfare H & FW | On 24 Feb 2011

Will it be Different this Time?

All proposals and policy measures in the forthcoming Budget may best be summed up as efforts to improve the sustainability of growth. Specific objectives are likely to be lowering inflation and defici...

by IRIS India IRIS | On 22 Feb 2011

Profitability of Foreign Banks vis-à-vis Other Bank Groups in India – A Panel Data Analysis

The paper analysed the financial performance of foreign banks in comparison with other bank groups in India. The study assumes importance in the context of the on-going preparation of roadmap for th...

by P B Rakhe | On 22 Feb 2011

Are Housing Prices Rising Too Fast in China?

Sharp increase in house prices combined with the extraordinary lending growth in Mainland China during 2009 has led to concerns of an emerging real estate bubble. We find that, for China as a whole...

by Ashvin Ahuja | On 19 Feb 2011

Central Bank Lessons from the Global Crisis

Nine preliminary lessons from the Great Recession for monetary and financial policies are presented. [3rd P. R. Brahmananda Memorial Lecture].

by Stanley Fischer | On 18 Feb 2011

Current and Future Issues for the PRC Economy

This Policy Brief is based on the articles originally appearing in the Perspectives series of ADB Institute’s e-Newsline from March 2005 to March 2006. This is also regarded as a continuation of Polic...

by Toshiki Kanamori | On 18 Feb 2011

Development in North East People’s Republic of China

Since the government announced the Revitalise the North East policy in 2002 there has been a new focus to regional policy following on from the previous, but continuing, Develop the West policy. For...

by John Weiss | On 17 Feb 2011

The Malaise of the Indian Financial System: The Need for Reforms

The world over, the financial sector is faced with adjustment problems of facing up to rapid changes in the environment. The Indian financial system cannot be immune to this universal phenomenon. What...

by S.S. Tarapore | On 16 Feb 2011

Evolving Regional Financial Architecture in East Asia

Ten years have passed since the Asian financial crisis that devastated not only the currency values and the financial systems of Indonesia, the Republic of Korea, Malaysia, and Thailand, but also t...

by Masahiro Kawai | On 16 Feb 2011

Indian Economy: Selected Methodological Advances

This paper develops tools to examine selected major issues in the Indian economy. The study computes the potential growth rate of the economy and the agricultural sector, extends the analysis of fisca...

by Mathew Joseph | On 11 Feb 2011

Solutions exist

The press (including this newspaper) has been screaming blue murder about the spectrum scandal from the time it was perpetrated in broad daylight, nearly three years ago. Not only did nothing happen,...

by T.N. Ninan | On 10 Feb 2011

Decentralization, Corruption, and Government Accountability: An Overview

The impact of government decentralization on economic performance and growth is a hotly contested issue. Waves of decentralization occurred in many developing countries over the past few decades, fo...

by Pranab Bardhan | On 10 Feb 2011

Key Principles Underlying the New Modes of Aid Governance in Asia

Based on the recent experience of several Asian developing countries and interviews in Vietnam, Indonesia and Laos with aid practitioners from donor institutions and Non Government Organizations (NGOs...

by Caroline Brassard | On 10 Feb 2011

Moving from Them to Us: Challenges in Reframing Violence Among Youth

This paper describes framing and the challenges particular to the context of violence prevention, with the goal of moving youth violence from being understood primarily as a criminal justice issue dea...

by Lawrence Wallack | On 09 Feb 2011

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

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

by Peter Morgan | On 08 Feb 2011

Privstization in a Small Open Economy with Imperfect Competition

Privatization is analysed in a general equilibrium model of a small, tariff-distorted, open economy. There is a differentiated good produced by both private and public sector enterprises. A reductio...

by Arghya Ghosh | On 04 Feb 2011

The Global Financial Crisis and Macroeconomic Policy Issues in Asia

The purpose of this policy brief is to draw lessons from the recent and ongoing macroeconomic policy experience of Asia’s economies. To do so, in each of three policy areas (monetary, fiscal, and e...

by Shinji Takagi | On 04 Feb 2011

Reforming the Indian Financial System

The key features of Indian finance is summarised. With a growing savings rate and a growing share of private corporate capital forma- tion, and with a high growth rate of GDP, Indian finance is rapi...

by Ajay Shah | On 03 Feb 2011

Cost-effectiveness Assessment of Greenhouse Gas Mitigation Options: A Proposed Methodology

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

by Ministry of Environment and Forest | On 03 Feb 2011

Transperancy in Government Procurement

While in their purchase operations, as in all other activities, governments endeavour to maximize the use of scarce financial resources, the 'cost minimising objective underlying competitive bidding r...

by Anwarul Hoda | On 03 Feb 2011

Russia’s Quasi-Sovereign Debt: A Sizeable Contingent Liability

An overview of corporate and quasi-sovereign debt in Russia is provided. Fiscal sustainability in Russia in a broader framework analysed. Scenarios for public debt developments until 2020, also taking...

by Maria Arakelyan | On 31 Jan 2011

Rising Food Crisis and Financial Crisis in India:Impact on Women and Children and Ways of Tackling the Problem

The objective of the study is to examine the impact of rising food prices and financial crisis on the impact of women and children in India. It identifies the pathways for dealing with the effects of...

by S. Mahendra Dev | On 31 Jan 2011

Singapore's Exchange Rate-Based Monetary Policy: A Critical Evaluation

The exchange rate-based monetary policy followed by the Monetary Authority of Singapore (MAS) is outlined. Possible theoretical frameworks, including a reaction function is outlined. The way the MAS h...

by Partha Sen | On 31 Jan 2011

Central-Bank Government Relationship in the Context of Emerging Economic Environment

This is a analysis of relationship between the Central Bank of Sir Lanka and the Sri lankan Government. It views the relationship in context of emerging economic environment and global economy.

by P. B. Jauasundera | On 30 Jan 2011

Presence of Foreign Banks in India

This discussion paper on the form of presence of foreign banks in India has been prepared taking into account, inter-alia, the lessons learnt from the recent global financial crisis and the practice...

by Reserve Bank of India | On 26 Jan 2011

Cost-benefit Analysis of CFPR

This paper presents a cost-benefit analysis of the first cohort (2002-03) of selected ultra poor (SUP) households of BRAC’s CFPR. The analysis calculates benefit of the programme using primary data...

by Sanjay Sinha | On 20 Jan 2011

Income-based Measures of Average Well-being

International comparisons of average national incomes omit important information about leisure, home production, health, etc. They are also bedevilled by index number problems. This paper suggests...

by Steve Dowrick | On 17 Jan 2011

Rethinking Food Security Strategy: Self-sufficiency or Self-reliance

This Policy Brief discusses whether Bangladesh should continue to pursue a national food security strategy based on self-reliance or return to its earlier policy of food self-sufficiency through ...

by Uttam Kumar Deb | On 17 Jan 2011

Evolution of India’s Exchange Rate Regime

The paper analyzes the changing INR trends over the reform period, in the context of fundamental determinants of exchange rates. [WP-2010-024].

by Ashima Goyal | On 13 Jan 2011

Socioeconomic Divides in Tuberculosis Control: Study of Smear-Positive TB Prevalence, Care Seeking Behaviour and Role of Informal Healthcare Providers

The Government of Bangladesh (GoB) has intensified the implementation of the directly observed treatment, short-course (DOTS) strategy with the primary aims (i) to detect and treat at least 70% of T...

by Fazlul Karim | On 12 Jan 2011

The Disinterested Government: An Interpretation of China’s Economic Success in the Reform Era

In the last 30 years, China has achieved high economic growth and successfully transformed its economy from a planned economy to a market-based system. The country, to a large extent, has attaine...

by Yang Yao | On 10 Jan 2011

What Accounts for China’sTrade Balance Dynamics?

This paper proposes a structural VAR model which extends the frameworks of Hoffmaister and Roldós (2001) and Prasad (1999). The model is then used to analyse the sources of China’s trade balance flu...

by Yin Zhang | On 07 Jan 2011

Pentavalent and other New Combination Vaccines: Solutions in Search of Problems

The pentavalent vaccine and many other combination vaccines waiting to enter Universal immunization Programme (UIP) have brought into sharp focus the gaping gap between lofty slogans of ‘evidence ba...

by Y Madhavi | On 05 Jan 2011

The Financial Deepening–Productivity Nexus in China: 1987–2001

The financial intermediation–growth nexus is a widely studied topic in the literature of development economics. Deepening financial intermediation may promote economic growth by mobilizing more...

by Jun Zhang | On 03 Jan 2011

Possession and Usage of Insecticidal Bed Nets among the People of Uganda: Is BRAC Uganda Health Programme Pursuing a Pro-Poor Path?

The use of insecticidal bed nets is found to be an effective public health tool for control of malaria, especially for under-five children and pregnant women. BRAC, an indigenous Bangladeshi non-gove...

by Syed Masud Ahmed | On 31 Dec 2010

Is Tibet Entitled to Self Determination?

The purpose of this article is to explore whether Tibet can be said to have a right to self-determination under international law. [CCPL Occasional Paper No. 18]

by Paul Harris | On 21 Dec 2010

Monetary Policy Considerations after the Crisis: Practitioners’ Perspectives

Economic stability can be seen as an essential component of any strategy for inclusive development. To the extent that central banks play a role in providing that stability, the experience of the cris...

by Subir Gokarn | On 21 Dec 2010

Integration of the Ultra Poor into Mainstream Development: How Effective is CFPR?

This paper aimed to understand the dynamics of participation of the TUP (Targeting the Ultra Poor) members of CFPR (Challenging the Frontiers of Poverty Reduction) phase I in the financial market sin...

by Raniya Shams | On 16 Dec 2010

Capability Traps? The Mechanisms of Persistent Implementation Failure

Many countries remain stuck in conditions of low productivity that many call “poverty traps.” Economic growth is only one aspect of development; another key dimension of development is the expansion...

by Lant Pritchett | On 15 Dec 2010

Mid Term Appraisal for Eleventh Plan 2007-2012

The Mid Term Appraisal (MTA) reviews the experience in the first three years of the Eleventh Plan and seeks to identify areas where corrective steps may be needed. The Planning Commission has deci...

by Planning Commission, India | On 14 Dec 2010

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

Parliament Session Wrap: Winter Session – November 09 to December 13, 2010

List of Bills passed, withdrawn, introcuced and pending during the Winter Session

by Kusum Malik | On 14 Dec 2010

The Change of the Financial System and Developmental State in Korea

This study examines the role of institutions and their change related to the rapid economic development and the 1997 Korean financial crisis. In Korea, the government built a state- led financial s...

by Kang-Kook Lee | On 13 Dec 2010

Policy Principles for Expanding Financial Access

Despite the rapid growth in finance worldwide over the past quarter- century—now interrupted by the global financial crisis—many low-income households and small firms remain excluded from access to...

by Centre for Global Development | On 10 Dec 2010

Preventing Odious Obligations: A New Tool for Protecting Citizens from Illegitimate Regimes

This report sets out a way to prevent an all-too-common form of theft from some of the world’s poorest people. An illegitimate, unelected regime signs a contract with a foreign agent, handing ov...

by Centre for Global Development | On 10 Dec 2010

Five Years of NRHM 2005-2010

Health is a State subject and the Government of India has always tried to work in partnership with states to meet people's needs. As the report will indicate, it is through this partnership with const...

by Ministry of Health and Family Welfare H & FW | On 08 Dec 2010

Kuttanad Development Project: An Economic Evaluation

This paper attempts an economic evaluation of the Kuttanad Development Project (henceforth referred to as KDP) whioh is part of an overall programme of the Government of Kerala to augment the Produ...

by K. P. Kannan | On 07 Dec 2010

Transparency and Corruption: Does E-Government Help?

Through its pioneering surveys in recent years, the Transparency International (TI) has tried to gauge the extent of corruption in different countries, identify Government departments where corruption...

by Prof. Subhash Bhatnagar | On 06 Dec 2010

Egovernment: Lessons from Implementation in Developing Countries

E-government applications from a large number of developing countries are reviewed. Different models of electronic delivery of services are compared. Delivery through conveniently located service cent...

by Prof. Subhash Bhatnagar | On 06 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

'Slippage': The Bane of Rural Drinking Water Sector (A Study of Extent and Causes in Andhra Pradesh)

Slippage is one of the main bottlenecks of achieving full coverage of water and sanitation services in India. This paper makes an attempt to identify the causes of slippage in a systematic manner. T...

by V. Ratna Reddy | On 02 Dec 2010

Census of Castes

The present system of making Census has many advantages such as, taking stock of Indian situation with detailed data regarding the wide diversity of our people and the finding of conditions of life ha...

by Rajesh Komath | On 01 Dec 2010

Thailand’s Commercial Banks’ Role in Financing Dams in Laos and the Case for Sustainable Banking

This paper puts forward the case for Thailand’s commercial banks to move towards more sustainable banking practices that proactively contribute towards socially and environmentally sustainable and j...

by Carl Middleton | On 25 Nov 2010

Issues in Real Estate and Urban Management – A Note

This note raise many policy issues related to real estate and the urban sector. Urban issues and the very high cost of real estate in India have deep rooted problems that have their origin in the po...

by Sebastian Morris | On 22 Nov 2010

Gulf Migration Study: Employment, Wages and Working Conditions of Kerala Emigrants in the United Arab Emirates

This is the fourth in a series of Working Papers published by the CDS on Kerala migration. Unlike the other three, this one is financed by the Kerala Government and the data were collected in UAE. ...

by K. C. Zachariah | On 18 Nov 2010

Towards an Emissions Trading Scheme for Air Pollutants in India: A Concept Note

This paper connects experience with emissions trading, from programs like the U.S. Rain program, to lessons for implementation of a Trading Pilot Scheme in India. This experience suggests that four...

by Esther Duflo | On 16 Nov 2010

China in Africa: A Macroeconomic Perspective

In recent years, China has dramatically expanded its financing and foreign direct investment to Africa. This expansion has served the political and economic interests of China while providing Africa...

by Benedicte Vibe Christensen | On 15 Nov 2010

Impact of Trade Liberalization on Returns from Land: A Regional Study of Indian Agriculture

Trade liberalization, by aligning domestic prices with world prices, is envisaged to bring welfare gains to a country. In the case of Indian agriculture, owing to the vastness and diversity of the s...

by Nilabja Ghosh | On 11 Nov 2010

Korea’s Unemployment Insurance in the 1998 Asian Financial Crisis and Adjustments in the 2008 Global Financial Crisis

This paper analyzes the impacts of the 1998 and 2008 financial crises on the Korean labor market. They study the historical background of the Korean Employment Insurance System and the change of labor...

by Sung Teak Kim | On 04 Nov 2010

The Yuan’s Exchange Rates and Pass-through Effects on the Prices of Japanese and US Imports

This paper estimated the pass-through effects of yuan’s exchange rates on prices of the US and Japanese imports from the People’s Republic of China (PRC). Empirical results show that, a 1% nominal app...

by Yuqing Xing | On 04 Nov 2010

Financial Turmoil in the Banking Sector and the Asian Lamfalussy Process: The Case of Four Economies

This paper investigates the prevailing financial regulatory structures and impact of the current financial turmoil on banking performance in four Asian economies: the People's Republic of China (PRC);...

by Chen-Min Hsu | On 03 Nov 2010

Solicited and Unsolicited Credit Ratings: A Global Perspective

They conducted a global study of the long-term issuer ratings of nonfinancial firms from Standard and Poor's Ratings Services (S&P) for the period 1998–2003. Specifically, they focused on the solicite...

by Winnie P. H. Poon | On 02 Nov 2010

Macroeconomic Impacts of Foreign Exchange Reserve Accumulation: Theory and International Evidence

Recently, a dramatic accumulation in foreign exchange reserves has been widely observed in developing countries. This paper explores the possible long-run impacts of this trend on macroeconomic variab...

by Shin-ichi Fukuda | On 01 Nov 2010

Integration of India’s Financial Markets on the Domestic and International Fronts: An Emperical Analysis of the Post-Liberalisation Period. June 2010

Against the backdrop of financial liberalisation, this paper examines India’s financial integration, both on the domestic and international fronts. Preliminary analysis of the secondary data shows ...

by Gargi Sanati | On 29 Oct 2010

Global Determinants of Stress and Risk in Public-Private Partnerships (PPP) in Infrastructure

This study analyzes the determinants of stress in public-private partnerships (PPPs) in infrastructure investment. While project failures seldom occur, there are many stresses that hinder success. O...

by Renato E. Reside, Jr. | On 27 Oct 2010

Private Financing Firms in Karnataka: A Boon for Tax Dodgers

The growth of government financial institutions in India both in terms of number of branches and quantum of credit has been impressive, especially in the post-blank nationalisation period. [Working Pa...

by D. Rajasekhar | On 23 Oct 2010

Financial Crisis and Crisis Management in Sweden. Lessons for Today

This paper gives an account of the Swedish financial crisis covering the period 1985–2000, dealing with financial deregulation and the boom in the late 1980s, the bust and the financial crisis in the...

by Lars Jonung | On 23 Oct 2010

Reform of the International Financial Architecture: An Asian Perspective

It has taken two crises—the Asian financial crisis of 1997-1998 and the global financial crisis of 2007-2009—for the international community to seriously focus on the reform of the international finan...

by Masahiro Kawai | On 23 Oct 2010

Political Economy of East Asian Regional Integration and Cooperation

In the last decade, East Asia has engaged in constructing numerous mechanisms to enhance regional cooperation in the areas of trade and finance. However, the region’s economic architecture exhibits ce...

by Saori N. Katada | On 21 Oct 2010

Mekong Mainstream Dams: Threatening Southeast Asia's Food Security

The Mekong is under threat. The governments of Cambodia, Laos, and Thailand are considering plans to build eleven big hydropower dams on the Mekong River’s lower mainstream. If built, these dams wou...

by International Rivers Network IRN | On 19 Oct 2010

Agricultural Development of Kerela from 1800 AD to 1980 AD: A Survey of Studies

This paper attempts to survey the published literature on agricultural development of Kerala covering a period between 1800 AD and 1980 AD. The Survey covers both academic studies as well as governme...

by B.A. Prakash | On 18 Oct 2010

Prudential Discipline for Financial Firms: Micro, Macro, and Market Structures

The recent global financial crisis reflects numerous breakdowns in the prudential discipline of financial firms. This paper discusses ways to strengthen micro- and macroprudential supervision and...

by Larry D. Wall | On 18 Oct 2010

Fiscal Policy in the Crisis: Impact, Sustainability, and Long-Term Implications

The global economic and financial crisis has sparked an unprecedentedly large, generalized fiscal policy response in practically all major industrial and emerging economies, which will change the fi...

by Pier Carlo Padoan | On 15 Oct 2010

Impacts of the Global Financial Crisis on Small and Medium Enterprises in the People’s Republic of China

This paper conducts an in-depth analysis of the impacts of the global financial crisis on the People’s Republic of China’s (PRC’s) small and medium enterprises (SMEs). It also provides relevant policy...

by Xiangfeng Liu | On 15 Oct 2010

Liberalization of Capital Inflows and the Real Exchange Rate in India: A VAR Analysis

The East Asian crisis of 1997-98 and the Mexican crisis of 1994 generated much concern among policy analysts regarding the role of macroeconomic policies in the management of capital inflows. A seri...

by Indrani Chakraborty | On 14 Oct 2010

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 Role of State Intervention in the Financial Sector: Crisis Prevention, Containment, and Resolution

This paper discusses the role of state intervention for prevention, containment, and resolution of financial crises based mainly on the Korean experience during the 1997 Asian financial crisis. Crises...

by Yoon Je Cho | On 12 Oct 2010

The Impact of Free Trade Agreements on Business Activity: A Survey of Firms in the People's Republic of China

The People’s Republic of China (PRC) has emerged as a major player in the global economy and considers free trade agreements (FTAs) an important part of its global trading strategy. The PRC’s export i...

by Yunling Zhang | On 12 Oct 2010

Regional Monitoring of Capital Flows and Coordination of Financial Regulation: Stakes and Options for Asia

The ongoing global economic crisis has punished Asian economies severely, despite the fact that its origins derive from outside the region. The global economic crisis was transmitted through real and...

by Michael G. Plummer | On 11 Oct 2010

Securitized Products, Financial Regulation, and Systemic Risk

It is widely believed that the practice of securitization is one of the causes that led to the 2007–08 financial crisis. In this paper, I show that securitized products such as collateralized debt obl...

by Mariko Fujii | On 11 Oct 2010

A Campaign for No UID-Till Complete Transparency, Accountability and People’s Participation

A press conference was arranged which was against the Unique Identity Card (UID) project of Government of India. The panel discussed about the project that the potential to transform the state-citize...

by Shambhu Ghatak | On 08 Oct 2010

Lessons from Japan’s Banking Crisis

The Japanese government’s response to the financial crisis in the 1990s was late, unprepared and insufficient; it failed to recognize the severity of the crisis, which developed slowly; faced no major...

by Mariko Fujii | On 08 Oct 2010

Transparency in Government Procurement

While in their purchase operations, as in all other activities, governments endeavour to maximise the use of scarce financial resources. Some of these objectives are to promote the development of a do...

by Anwarul Hoda | On 07 Oct 2010

Fiscal Policy Issues in Korea after the Current Crisis

This paper examines fiscal policy issues in the Republic of Korea (hereafter Korea) after the 2009 global financial crisis, including the timing of fiscal policy responses, the effectiveness of expans...

by Kiseok Hong | On 07 Oct 2010

Impact of Global Recession on Sustainable Development and Poverty Linkages

The global financial crisis and the resulting economic slowdown may be assumed to have at least the benefit of also reducing environmental degradation in the individual countries. This paper discu...

by Venkatachalam Anbumozhi | On 07 Oct 2010

Developing Asia’s Competitive Advantage in Green Products: Learning from the Japanese Experience

Right now, governments around the world are spending record amounts of money to kick- start their economies in response to the financial crisis. Fortunately, a great opportunity exists for this fis...

by Fukuya Lino | On 06 Oct 2010

Assessing Socioeconomic Impacts of Transport Infrastructure Projects in the Greater Mekong Subregion

This study attempts to quantify the links between infrastructure investment and poverty reduction using a multi-region general equilibrium model, supplemented with household survey data for the Greate...

by Susan Stone | On 05 Oct 2010

Asia’s Role in the Global Financial Architecture

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

by Masahiro Kawai | On 05 Oct 2010

Measuring the Environmental Impacts of Changing Trade Patterns on the Poor

It is an empirical fact that it is very difficult to balance economic growth, poverty reduction, and environment protection, particularly for developing and transitional economies. While the economic...

by Kaliappa Kalirajan | On 04 Oct 2010

Risk-return Efficiency, Financial Distress Risk, and Bank Financial Strength Ratings

This paper investigates whether there is any consistency between banks’ financial strength ratings (bank rating) and their risk-return profiles. It is expected that banks with high ratings tend to ear...

by Changchun Hua | On 04 Oct 2010

Estimates of External Trade Flows of Kerela: (1975-76 and 1980-81)

Kerela is a region that is deeply integrated with the Indian and the world economy through various ways such as commodity flows, financial movements, labour migration and operations of national and in...

by T.M. Thomas Issac | On 01 Oct 2010

Asian Tigers’ Choices: An Overview

This paper considers the choices facing the Asian tiger economies regarding growth strategies that foster trans-Pacific rebalancing. A review of historical data spanning 2000 to 2008 reveals only...

by Hwee Kwan Chow | On 30 Sep 2010

Emergence of Rating Agencies: Implications for Establishing a Regional Rating Agency in Asia

The present analysis sheds light on the setting up a regional rating agency in Asia in the wake of recent financial crisis. We investigate the policy facing a financial regulator while evaluat...

by Ying Yi Tsai | On 30 Sep 2010

The Role of the State in Managing and Forestalling Systemic Financial Crises: Some Issues and Perspectives

This paper reviews recent state interventions in financial crises and draws lessons for crisis management. A number of areas are identified where crisis management could be strengthened, including...

by Charles Adams | On 29 Sep 2010

Macro-prudential Approach to Regulation - Scope and Issues

It is being acknowledged that a macro prudential perspective is critical in designing and pursuing micro prudential regulation of institutions and markets. Two distinct but highly inter-related constr...

by Shyamala Gopinath | On 28 Sep 2010

Debt Policy in a Competitive Two-Sector Overlapping Generations Model

In this paper debt policy in a two-period, two-sector overlapping generations model with Leontief technologies has been analysed. It has been found that debt, issued to transfer resources to the initi...

by Partha Sen | On 28 Sep 2010

Fiscal Policy Issues for India after the Global Financial Crisis (2008–2010)

The need for fiscal consolidation and sustainability is one of the key macroeconomic issues confronting Indian economy. This paper attempts to understand India’s current fiscal situation, its likely f...

by Rajiv Kumar | On 28 Sep 2010

HANTEX: An Economic Appraisal

Most Governments in the Third World Countries have actively promoted cooperatives in the traditional sectors of the economy with a view to overcome the diseconomies of small size. Characterised as the...

by Mridul Eapen | On 27 Sep 2010

The Government of Chronic Poverty: From Exclusion to Citizenship?

Development trustees have increasingly sought to challenge chronic poverty by promoting citizenship amongst poor people, a move that frames citizenship formation as central to overcoming the exclusion...

by Sam Hickey | On 24 Sep 2010

Policy Intervention and Response: A Study of the Pharmaceutical Industry in India during the Last Decade

The pharmaceutical industry in India has provoked much debate and sharp criticism, on account of its insensitivity towards the health needs of the Indian people. The vulnerability of the indu...

by P. Mohanan Pillai | On 20 Sep 2010

Determinants of Weekly Yields on Government Securities in India

This paper examines the determinants of the Government yields in India using weekly data from April 2001 through March 2009. The analysis covers Treasury Bills with residual maturity of 15-91 day...

by Pami Dua | On 13 Sep 2010

Intellectual Property Protection and the Licensing of Technology to Developing Countries

In this paper, the influence of stronger intellectual property protection on technology transfer into developing countries via licensing is analyzed. Using panel data for the post-TRIPs period 1995-20...

by Sunil Kanwar | On 09 Sep 2010

Feeding Southeast Asia: Mekong River Fisheries and Regional Food Security

This paper reviews the available literature that links regional food security to the Mekong River’s wild capture fisheries, and argues for recognition of the existing contribution that the fisheries...

by Brooke Peterson | On 08 Sep 2010

Measurement of Inflation in India: Issues and Associated Challenges for the Conduct of Monetary Policy

In India, there is a large divergence between CPI and WPI inflation trends in the past, wide dispersion in inflation across commodity groups within WPI, and significant volatility in headline WPI in...

by Nadhanael G V | On 08 Sep 2010

The Evolution of Singapore Business: A Case Study Approach

This volume contains summaries of 12 case studies for three categories of business organisations defined by ownership, i.e. foreign, state and (local) private. The case studies explore the history a...

by Anisha Sabhlok | On 06 Sep 2010

Inspector Raj for Garment Export Business

The export of textiles from India accounts for about one-third of India’s total exports. What is more significant is that textiles as a group, is also the largest net foreign exchange earner in as...

by Avih Rastogi | On 01 Sep 2010

The Potato’s Contribution to Population and Urbanization: Evidence from an Historical Experiment

In this paper regional variation in suitability for cultivating potatoes, together with time variation arising from their introduction to the Old World from the Americas is being exploited, to estim...

by Nathan Nunn | On 26 Aug 2010

Earth Tube Heat Exchangers for Environmental Control of Farm Buildings in Semi-arid Northwest India

This paper presents the experience of using systems such as Earth Tube Heat Exchangers for environmental control in dwellings of zoo animals, and greenhouse in arid area of Kutch. Mention has also bee...

by Girja Sharan | On 04 Aug 2010

Asia and the IMF

This lecture series begins with a discussion of the reforms that have undertaken in the IMF since the mid-1990s, and particularly since the start of the Asian economic crisis. It concludes with a disc...

by Stanley Fischer | On 04 Aug 2010

Roof above the head - A qualitative assessment of rural housing in India

This paper is based on a set of village visits carried out by the authors as part of a study on rural housing sponsored by Holcim Limited. The views expressed here are those of the authors. [Working...

by Shashanka Bhide | On 03 Aug 2010

European Views on Asia and Europe-Asian Relations

This paper examines in its first part, the views of leading European academics, politicians, lobbyists and opinion-makers on the issue of relations with Asia. The second part of this paper looks at...

by Venil Ramiah | On 29 Jul 2010

Private Sector in the Revised National Tuberculosis Control Programme: A Study of the Implementation of Private-Public Partnership Strategy in Tamil Nadu and Kerala (India)

During the past one decade, the concept of Public-Private Partnership (PPP) has gained much prominence in healthcare sector in India. The foremost objective of such partnerships has been to improve th...

by Vangal R Muraleedharan | On 23 Jul 2010

The Japanese Economy and Economic Policy in Light of the East Asian Financial Crisis

The depth and breadth of the East Asian financial crisis has added a sense of acute urgency for some concrete and credible measures by policy-makers to revitalise the Japanese economy. While steps...

by Ramkishen Rajan | On 23 Jul 2010

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

Environmental Control in Greenhouse and Animal Houses with Earth-Tube-Heat-Exchangers in Hot Semi-arid North-West India

This paper explores the process of Environmental Control in Greenhouse and Animal Houses with Earth-Tube-Heat-Exchangers in hot semi-arid north-west India. [Working Paper No. 2009-11-04]

by Girja Sharan | On 20 Jul 2010

Examining The Case For Reserve Pooling In East Asia: Empirical Analysis

Two features of East Asia’s recovery from the financial turmoil of 1997- 98 appear to be rather paradoxical. First, the regional economies (except Hong Kong, China and Malaysia) have allowed a relat...

by Ramkishen S. Rajan | On 20 Jul 2010

Big Industry Before Independence: 1860-1950

The world over, in the eighteenth and nineteenth centuries, private sector units were of a laissez-faire variety i.e., the private sector was completely free of state interference. Private enterprise...

by Anupriya Singhal | On 16 Jul 2010

Unintended consequences?

The Reserve Bank of India (RBI) seems to have decided, somewhat belatedly, to fight for its own autonomy. Well, it’s better late than never, and there is much to recommend in the suggestion by RBI to...

by T.N. Ninan | On 14 Jul 2010

The State of the Indian Economy 2009-10

Despite signs of recovery from the global financial crisis, the GDP growth rate for the Indian economy is likely to be between 5.8 to 6.1 per cent in 2009-10, below the 6.7 per cent recorded in fisc...

by Mathew Joseph | On 14 Jul 2010

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

Licenses to Open a School: It’s All About Money

In Delhi, 14 lakh children are out of school. So why is there a shortfall in the supply of schools? Does the government help to better the situation? Why or Why not? In the light of these mind-boggl...

by Mayank Wadhwa | On 07 Jul 2010

Why is Dead DEDA Still Alive?

The paper discuses and analyzes the present state of affairs of the Delhi Energy Development Agency (DEDA).

by Arjun Bhattacharya | 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

Kisan Credit Card

Provision of timely and adequate credit has been one of the major challenges for banks in India in dispensation of agricultural and rural credit to the farmers. Constant innovation is required in or...

by Danish Faruqui | On 24 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

The Currency and Financial Crisis in Southeast Asia: A Case of 'Sudden Death' or Death Foretold'?

Almost all existing studies on the causes, consequences and policy implications of the economic and financial crisis faced by East Asia have provided only a cursory discussion of broad data at best,...

by Ramkishen Rajan | On 18 Jun 2010

The Exchange Rate Regime in Asia: From Crisis to Crisis

Prior to the Asian financial crisis, most Asian exchange rates were de facto pegged to the US Dollar. In the crisis, many economies experienced a brief period of extreme flexibility. A `fear of float...

by Ila Patnaik | On 18 Jun 2010

Public Works Department Delhi Government

Public Works Department is engaged in planning, designing, construction and maintenance of government assets in the field of built environment and infrastructure development. This paper talks about...

by Sabith Ullah Khan | On 16 Jun 2010

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

Wine Industry in Maharashtra: An Analysis

Two of the countryʹs biggest grape-producing districts, Nasik and Sangli, are in Maharashtra; 20,000 hectares of vineyards here grow more than one lac tons of grapes a year. As much as 99 per ce...

by Sudipto Mitra | On 15 Jun 2010

Providing Microfinance and Social Space to Empower Adolescent Girls: An Evaluation of BRAC’s ELA Centres

Lately there has been a surge in the variety of approaches to assist the adolescents, specially the girls, in building up their lives and livelihoods. With financial assistance from Nike Foundation,...

by Rizwana Shahnaz | On 10 Jun 2010

Exchange Rate Regimes and Macroeconomic Performance in South Asia

Stylized facts for South Asia show the dominance of supply shocks, amplified by macroeconomic policies and procyclical current accounts. Interest and exchange rate volatility rose initially on libera...

by Ashima Goyal | On 09 Jun 2010

Measuring Discrimination in Education

In this paper, a methodology to measure discrimination in educational contexts is illustrated. In India, exam competition is run through which children compete for a large financial prize and teachers...

by Rema Hanna | On 08 Jun 2010

Trade in Financial Services: India's Opportunities and Constraints

This paper analyzes the prospects for liberalizing financial services under the GATS, in view of India’s interests and concerns in this sector. The paper consists of seven sections. Section 2 discuss...

by Rupa Chanda | On 03 Jun 2010

Koi Bhookha Na Soye

A report of the workshop ‘Koi Bhookha Na Soye’ was held at the Gandhi Peace Foundation on 14th and 15th of May, 2010.

by Shambhu Ghatak | On 03 Jun 2010

Debt Policy and Economic Growth in a Small Open Economy Model with Productive Government Spending

In this paper, the effects of introducing constraints on government borrowing have been examined by using a continuous-time overlapping generations model of a small open economy. Government placing co...

by Koichi Futagami | On 27 May 2010

Urban Governance and Finance in India

Over 330 million people live in India’s cities; 35 cities have a population of over a million and three (Mumbai, Delhi, and Kolkata) of the 10 largest metropolises in the world are in India. India’s...

by M. Govinda Rao | On 21 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

Commonwealth Games 2010: Displacement of Persons

This research paper analyses Government policy with regard to Jhuggi-Jhopri clusters- a particular type of housing present in Delhi. These colonies are perceived to be illegal by the Government. Wit...

by Eshaan Puri | On 13 Apr 2010

Technologies, Rules, and Progress: The Case for Charter Cities

The principal constraint to raising living standards in this century will come neither from scarce resources nor limited technologies. Rather it will come from our limited capacity to discover and i...

by Paul Romer | On 12 Apr 2010

Implementation of Monetary Policy in India

How does the Reserve Bank of India implement monetary policy? The objectives and framework of monetary policy, as they have evolved, the operational aspects of monetary policy have been discussed. Th...

by Deepak Mohanty | On 08 Apr 2010

Regulatory Structure for Financial Stability and Development

Stricter regulatory surveillance in emerging market economies (EMEs) largely insulated their financial systems from the crisis. Development and convergence of regulatory apparatus has been rapid. In...

by Ashima Goyal | On 29 Mar 2010

The Impact of the Commonwealth Games 2010 on Urban Development of Delhi -An Analysis with a Historical Perspective from Worldwide Experiences and the 1982 Asian Games

The paper raises some hard questions that need to be answered before one can conclude that events such as Common Wealth Games has a positive effect on the host community. Can the financial requirement...

by Vinayak Uppal | On 23 Mar 2010

Karnataka Budget 2010-11

Budget speech by finance minister of Karnataka

by Government of Karnataka GoK | On 05 Mar 2010

State Aid and Competition in Banking: The Case of China in the Late Nineties

A reduced form model where banks can pursue other goals than profit maximization is presented. This allows us to test for behavioral changes of banks over time. This model provides a framework to e...

by Xiaoqiang Cheng | On 23 Feb 2010

Competitiveness of Firms in Indian Automobile Industry

The competitiveness among the firms in Indian automobile industry has been assessed by understanding the factors that determine its competitive advantage. The efforts have been made to construct a com...

by G Burange | On 05 Feb 2010

India's Public Finances: Do They Matter

India’s general government deficits and public debt have remained high despite faster economic growth in recent years and periodic attempts to instil greater fiscal discipline. Modest fiscal tighten...

by Paul Rawkins | On 04 Feb 2010

Asia Confronts the Impossible Trinity

Capital account openness and exchange rate flexibility in 11 Asian countries are examined. Asia has made slow progress on de jure capital account openness, but has made much more progress on de facto...

by Ila Patnaik | On 04 Feb 2010

Dilli Sarkar’s Advertisement Expenditure: Information or Publicity?

To find out whether our government is spending an astronomical amount of taxpayer’s money publicising itself rather than disseminating information, facts and figures were assimilated. By tracking f...

by Kumar Gaurav | On 29 Jan 2010

Exchange Market Pressure and Monetary Policy

The objective of this study is to examine empirically the impact of monetary policy on exchange market pressure (EMP) in Bangladesh. EMP is measured as the sum of percentage change of international re...

by Sayera Younus | On 29 Jan 2010

Third Quarter Review of Monetary Policy 2009-10

The Reserve Bank has pursued an accommodative monetary policy beginning mid-September 2008 in order to mitigate the adverse impact of the global financial crisis on the Indian economy. The measures ta...

by D Subbarao | On 29 Jan 2010

Assessing the Fiscal Capacity of Indian Governments

The record of different post reform governments in meeting their targets and improving both delivery and finances is assessed. A variety of indices are constructed, and consistency checks devised to m...

by Ashima Goyal | On 27 Jan 2010

Where Are India’s International Reserves Invested?

Most standard indicators suggest that India’s reserve stock is more than adequate. The rapid stockpiling of foreign exchange reserves implies that the RBI has been leaning-against-the-wind to keep dow...

by Ramkishen S. Rajan | On 25 Jan 2010

The Dynamic Relationship between Price and Trading Volume: Evidence from Indian Stock Market

This study investigates the nature of relationship between price and trading volume for 50 Indian stocks. Firstly the contemporaneous and asymmetric relation between price and volume are examined. T...

by Brajesh Kumar | On 25 Jan 2010

Water Democracy: Reclaiming Public Water in Asia

This collection of 19 new essays written by civil society activists, trade unionists and other water practitioners, presents examples of ongoing struggles against water privatization and commercia...

by Focus on the Global South FGS | On 22 Jan 2010

Book Review: Microfinance-Is it a means of Empowering Women?

Multiple Meanings of Money: How Women See Microfinance by Smita Premchander, V. Prameela, M. Chidambaranathan, L. JeyaseelanSage publication, 2009, Pp 264, Rs. 595/-

by Sanchita Das | On 20 Jan 2010

Can Global De-Carbonization Inhibit Developing Country Industrialization?

In this paper, we seek to make a twofold contribution. On outcomes, we focus on manufacturing exports as well as on manufacturing output both in the aggregate and in selected sectors. On policy, the i...

by Aaditya Mattoo | On 19 Jan 2010

Why India Choked when Lehman Broke

India has an elaborate system of capital controls which impede cap- ital mobility and particularly short-term debt. Yet, when the global money market fell into turmoil after the bankruptcy of Lehman...

by Ila Patnaik | On 19 Jan 2010

Working with Existing Systems: Lessons from INHP

Engaging and strengthening the ICDS and Health programs of the government was a major approach of the two component projects under the RACHNA program, INHP-II and Chayan. Of the two, the INHP interve...

by CARE India | On 24 Dec 2009

Re-Activating Primary Health Centres Through Industrial Partnership in Tamilnadu Is it a Sustainable Model of Partnership?

Kerala’s success in human development demonstrated that efficient functioning of government health care delivery system opens the doors of prosperity for the poor and vulnerable sections of the popu...

by Varatharajan D | On 21 Dec 2009

Fuel for the Clean Energy Debate – A Study of Fuelwood Collection and Purchase in Rural India

In many parts of rural India the use of wood for fuel is the cause of significant environmental and health problems. Efforts to help people switch to cleaner fuels have not been effective and fuelwood...

by ARABINDA MISHRA | On 18 Dec 2009

A Marketing Scheme for Making Money off Innocent People: A User’s Manual

Firms often give away free goods with the product that they sell. Firms often give stock options to their top management and other employees. Mixing these two practices—giving stock options to consu...

by Kaushik Basu | On 15 Dec 2009

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

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

by Athena Ballesteros | On 15 Dec 2009

Climate Change and India-Some Major Issues and Policy Implications

The paper examines the genesis of Climate Change which has been referred to as the defining human development issue of our generation. Also studied is the impact of this problem in the global as well...

by H A C Prasad | On 01 Dec 2009

The Difficulties of the Chinese and Indian Exchange Rate Regimes

China and India have both attempted distorting the exchange rate in order to foster exports-led growth. This is described as the Bretton Woods II framework, where developing countries buy bonds in the...

by Ila Patnaik | On 30 Nov 2009

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

Delivering (sustainable) Services on Scale : Anywhere

This paper addresses issues related to public private partnerships that can enable delivery of comprehensive health care to rural communities.

by Prachi Shukla | On 25 Nov 2009

No One Barked

No reponse form the policies that the government is announcing

by T.N. Ninan | On 20 Nov 2009

From Income to Urban Contest in Global Settings: Chronic Poverty in Bangalore

The paper is a research which studies the government policies and agendas that affect the poor in India. For the research 8 to 10 families, who had been intervened several years ago were re-interviewe...

by Solomon Benjamin | On 16 Nov 2009

Women in Self Help Groups and Panchayti Raj Institutions: Suggesting Synergistic Linkages

Questions about the processes of empowerment generated under each of these interventions and also suggests synergistic linkages between the two are raised.

by Joy Deshmukh Ranadive | On 13 Nov 2009

Track Record of Financial Institutions in Assisting the Poor in Asia

A variety of institutional forms of microfinance are being introduced in Asia including by the ADB-and financial institutions pursue different objectives, so it is difficult to assess how well micro...

by Richard L Meyer | On 13 Nov 2009

The Chinese Aid System

Questions about Chinese aid—how large it is and how fast it is growing; how decisions are made on how much aid is provided each year; which countries receive it and how much they get; how the aid is m...

by Carol Lancaster | On 10 Nov 2009

The Sexual Harassment of Women at the Workplace (Prevention and Redressal) Bill, 2007: A Critique

Before 1997, women experiencing sexual harassment at workplace had to lodge a complaint under Indian Penal Code, 1860, ss. 354 and 509. But the Supreme Court, applying Convention on the Elimination...

by Mahalaxmi Tiwary | On 09 Nov 2009

Public Pain, Private Gain

If a private sector partner goes wrong on business assumptions, it should not be the government or the consumer who pays

by T.N. Ninan | On 09 Nov 2009

Institutional and Economic Perspectives on Government Capacity to Assume New Roles in the Health Sector: a Review of Experience

This review paper provides the background to research that will take place in four country case-studies to examine these issues. A key focus of this paper concerns government's capacity to fulfil the...

by Sara Bennett | On 09 Nov 2009

Government vs Weather The True Story of Crop Insurance in India

The government of India started offering widespread crop in insurance in 1985, with the Comprehensive Crop Insurance Scheme. The CCIS has been replaced by the National Agriculture Insurance Scheme....

by Jennifer Ifft | On 06 Nov 2009

Philosophy and Practice of Financial Sector Regulation – Space for Unorthodoxy

Evolution of the financial sector regulation in India, particularly focusing on the elements of the policy framework which have contributed to the broader stability in the financial sector is depicted...

by Shyamala Gopinath | On 05 Nov 2009

The Deluge of Debt: Understanding the Financial Needs of Poor Households

This paper is about the financial lives of poor households. It examines the different sources of income and expenditure of the poor households residing in a coastal settlement in Kerala. The method...

by B. S. Suran | On 29 Oct 2009

Second Quarter Review of Monetary Policy 2009 -10

The repo rate has been kept unchanged at 4.75%. The reverse repo rate left steady at 3.25%. The bank rate has been retained unchanged at 6.0%. The cash reserve ratio (CRR) of scheduled banks has been...

by D Subbarao | On 27 Oct 2009

Green Technologies Related to Refrigeration and Air Conditioning

This paper presents some such case studies for co-and tri-generating various cold and hot utilities using innovative designs of Matrix and Tube-Tube Heat Exchangers and Multi-Utility Heat Pumps develo...

by Rane M V | On 27 Oct 2009

Global Nutrition Institutions: Is There an Appetite for Change?

This paper describes the major institutional weaknesses in global nutrition and presents two recommendations to address the joint problems of incoherence, lack of institutional leaders, and persistent...

by Ruth Levine | On 27 Oct 2009

2 headaches, 1 solution

The government simply has to find a way to deliver the basics. That is what will defeat the Maoists and hold off China.

by T.N. Ninan | On 27 Oct 2009

Learning from Crises

Recollect and recount lessons from crises. The key lessons are how to anticipate and take pre-emptive action and equally important, once you are in the middle of it, how to respond effectively namely,...

by Usha Thorat | On 22 Oct 2009

Climate Change and China: Technology, Market and Beyond

The paper discusses the impacts of climate change to the environment of China and most especially to the livelihood of Chinese people there. It analyzed the Chinese government’s position and enumerate...

by Dale Jiajun Wen | On 16 Oct 2009

Emerging Market Concerns: An Indian Perspective

From the perspective of Emerging Market Economies (EMEs) and particularly for that of India, five concerns are expressed. These are: first, timing of exit from the accommodative monetary policy in the...

by D Subbarao | On 15 Oct 2009

Financing the Panchayati Raj Institutions: Flagging Some Issues For The 13th CFC

The Finances of the PRIs are looked into. The role of 13th Finance Commission is explained. Some ‘learnings’ from International experience is given.

by Abhay Pethe | 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

How Sapient is Homo Economicus? The Evolutionary Origins of Trade, Ethics and Economic Rationality

The paper argues that economism and, in particular, the individual drive to maximize utility and amass profit are not enough to ensure the efficient functioning of an economy; and that even for elemen...

by Kaushik Basu | On 09 Oct 2009

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

Assessing the Impact of Fiscal Policy on Poverty

Fiscal policy measures are a key means by which governments can influence distribution and poverty, but in fact the relationships between fiscal policy and poverty are not well understood. The most c...

by Andrew McKay | On 05 Oct 2009

New Financiers and the Environment: Ten Perspectives on How Financial Institutions can Protect the Enviornment

This new report discusses the experience with environmental standards and how it can be useful for new financiers. It contains ten papers written by experts from civil society, financial institutions...

by International Rivers Network IRN | On 01 Oct 2009

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

Size, Efficiency and Financial Reforms in Indian Banking

The study seeks to answer two very basic questions in the Indian context: first, are there economies of scale and scope in Indian banking? In other words, are bigger banks better for India? And, se...

by Pradeep Srivastava | On 23 Sep 2009

Chronic Poverty and Development Policy in Sri Lanka: Overview Study

The present study attempts to capture chronic poverty in Sri Lanka by examining general information on poverty and drawing conclusions on those who are likely to be among the chronic poor. Certain p...

by Indra Tudawe | On 17 Sep 2009

Monetary Policy, Forex Markets and Feedback Under Uncertainity in an Opening Economy

Options for monetary policy arising from interactions between it and Indian foreign exchange (FX) markets. A brief survey covers recent rapid changes providing a snapshot of current microstructure, ...

by Ashima Goyal | On 14 Sep 2009

What Is the Impact of the Global Financial Crisis on the Banking System in East Asia?

This paper assesses the condition and outlook of the financial sectors—in particular, the banking sector—in the East Asia region in the aftermath of the current global financial crisis. The risks in t...

by Michael Pomerleano | On 07 Sep 2009

Ethics and the World of Finance

How do we, as individuals, approach issues of ethics and values? Are our approaches different in our personal and professional lives? Are issues of ethics different in the financial sector? What are t...

by Duvvuri Subbarao | On 02 Sep 2009

Do Remittances Impact the Economy? Some Empirical Evidences from A Developing Economy

The study attempts to examine the impact of remittances on macroeconomic activities (private consumption and investment) and its implications on economic growth in India for the period from 1966-67 to...

by Hrushikesh Mallick | On 01 Sep 2009

End of the Recession

The best economic news of the past two years can be that the worst recession in 80 years may be over.

by T.N. Ninan | On 31 Aug 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

Swine Flu Casts its Spell across the Globe

The swine flu has come to India also. What measures have been taken by the government to fight against the pandemic?

by Rajeev Mavani | On 12 Aug 2009

Technology, Financial Inclusion and Role of Urban Cooperative Banks

The focus should be to simplify the technology which can operate on any platform. The technology solution to the business needs should be user-friendly without much third-party or IT vendor interventi...

by Chakrabarty K C | On 11 Aug 2009

Village Development Boards (VDBs) in Nagaland

The article describes the constitution and functions of Village Development Boards (VDBs) in NAGALAND where VDBs are considered as “Financial Intermediaries” or “Non-Banking Financial Intermediaries”....

by Karmakar K G | On 06 Aug 2009

A Model of Market Clearing Exchange Rates

This paper formulates a model of exchange rate determination that describes the market processes by which the foreign exchange markets are cleared and international receipts of countries are brought...

by Rajas Parchure | On 06 Aug 2009

“Group Measurement” of NREGA work: The Jalore Experiment

The paper takes a closer look at an experiment of NREGA training mates (worksite supervisors) in Rajasthan to improve worksite management. It is based on a four-day field visit (11-14 February, 2008)...

by Reetika Khera | On 05 Aug 2009

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

The Right of Children to Free and Compulsory Education Bill, 2008

A bill to provide for free and compulsory education to all children of the age of six to fourteen years.

by Parliamentary Research Service PRS | On 27 Jul 2009

Hong Kong's Banks During the Financial Crisis

Despite the negative impact of the current crisis and many remaining uncertainties about the actual economic recovery path, the medium-term outlook for Hong Kong’s banks remains favourable.

by Robert Mülhaupt | On 15 Jul 2009

Impact of Global Financial Crisis on Reserve Bank of India (RBI) as a National Regulator

The multi-dimensional role of RBI and how it reponded to the financial crisis is depicted in the presentation. [Presentation made at the 56th EXCOM Meeting and FinPower CEO Forum organised by APRACA a...

by Usha Thorat | On 15 Jul 2009

Global Financial Architecture: Past and Present Arguments, Advice, Action

In the context of the formation of G-20, the paper points out the absence of reform in the global financial architecture (GFA) after the East Asian crisis, and assesses factors that can improve the ch...

by Ashima Goyal | On 15 Jul 2009

A Status Report on India’s Financial System: A view from the Standpoint of Intermediation and Risk Bearing

The paper seeks to analyse and discuss the impact of financial reform and related institutional change on the process of financial intermediation. In effect reforms stood the earlier quantity driven...

by Chakrabarti B.B. | On 09 Jul 2009

Self-help Co-operatives, Deposit Mobilisation and Supply of Credit

The paper is aimed at exploring as to how such co-operatives (i) function and deal with members while delivering micro finance; (ii) mobilise funds, and (iii) get shaped and reshape the contents of me...

by Gagan Bihari Sahu | On 09 Jul 2009

Financialization of Capital - Deterioration of Working Conditions

This paper addresses the issue of establishing a regulatory regime along the production, supply and value chains of multinational corporations in terms of setting labor standards and protecting worker...

by Fichter Michael | On 08 Jul 2009

Key Features of Budget 2009-2010

Key features of budget presented by the Finance Minister

by Pranab Mukherjee | On 06 Jul 2009

Labour and Trade Unions in the Financial Sector: Challenges and Perspectives in Contemporary Brazil

The configuration of the liquid wealth involved a reorganization of society and the financial system with on labour and trade union organization in Brazil. The changes involved the redefinition of the...

by Jose Ricrado Goncalves | On 06 Jul 2009

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

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

by Camila Gripp | On 04 Jul 2009

Report of the Internal Working Group on Debt Management

Establishing a debt management office would consolidate all debt management functions in a single agency, and be the catalyst for wider institutional reform and transparency about public debt. It is i...

by Ministry of Finance | On 04 Jul 2009

Emerging Contours of Financial Regulation: Challenges and Dynamics

The paper attempts to analyse the emerging contours of regulation of financial institutions with an emphasis on the emerging challenges and dynamics. [Paper prepared for Financial Stability Review of...

by Rakesh Mohan | On 29 Jun 2009

Preliminary Note on Financial Crisis and Trade and Investment Treaties

North-South free trade agreements (FTAs), bilateral investment treaties (BITs) and World Trade Organization (WTO) commitments often contain a number of provisions that can increase the likelihood of a...

by Third World Network | On 28 Jun 2009

Measuring Inflationary Pressure in Bangladesh: The P-Star Approach

The paper estimates the P* model for Bangladesh economy and test its forecasting ability through generating recursive forecasts. The empirical result shows that the model performs relatively well and...

by Mustafa. K. Mujeri | On 27 Jun 2009

Crises, Capital Controls, and Financial Integration

This paper analyzes the effects of capital controls and crises on financial integration, using stocks from emerging economies that trade in both domestic and international markets. The cross market p...

by Eduardo Yeyati | On 27 Jun 2009

Is the BDP Ultra Poor Approach Working? Survey of Some Key Issues

The objectives of this paper are to assess the knowledge retention on IGA training, and to explore the quality of participation in financial and non-financial services by the BDP ultra poor. We found...

by Proloy Barua | On 25 Jun 2009

Sal Seeds, an Untapped Resource in India

Sal seeds could provide effective livelihoods support for poor people when few alternative natural resource based strategies are available

by Sanjoy Patnaik | On 23 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

Subnational Taxes in Developing Countries: The Way Forward

It is critical to emphasize that intergovernmental fiscal relations must be thought of as a system and that all the pieces in the system must fit together if decentralization is to work properly. Vari...

by Richard.M. Bird | On 16 Jun 2009

Access to Banking Services and Poverty Reduction: A State-wise Assessment in India

Financial inclusion is the broad based delivery of banking and other financial services at affordable cost to the poorest sections of the society. In India, financial inclusion emphasizes to include m...

by Amit. K. Bhandari | On 16 Jun 2009

Disentangling the Global Financial Crisis: A Review of the Global Response

At this moment, the world is undergoing the worst economic crisis since the Great Depression of 1930s. It is not clear exactly which factors instigated the crisis, but there are many candidates; the f...

by H. N. Thenuwara | On 15 Jun 2009

Financial Development and Velocity of Money in Bangladesh: A Vector Auto- Regression Analysis

The study uses co-integration and vector auto-regression (VAR) techniques to identify the determinants of income velocity of money (VM) in Bangladesh, covering both narrow and broad money. The study o...

by Md. Akhtaruzzaman | On 15 Jun 2009

Employment Promoting Growth in Bangladesh: Monetary and Financial Sector Issues

Although economic growth has improved in recent years in Bangladesh, the better economic performance has not translated into satisfactory poverty reduction. The type of growth that matters Bangladesh...

by Mustafa. K. Mujeri | On 15 Jun 2009

Financing Long Term Investments in Bangladesh: Capital Market Development Issues

There has been an increase in the demand for infrastructure services and opening up of the infrastructure sector for private investment. As a result, a large number of financial intermediaries and pri...

by Mustafa. K. Mujeri | On 15 Jun 2009

Climate Change and Youth and/in Local Governments

Can young people help to increase awareness about climate change and its impacts working through local bodies? A perceptive and informative presentation by the UN-HABITAT Youth Advisory Board Member a...

by John Anugraha | On 15 Jun 2009

Goods and Services Tax for India

The paper contours of a feasible design of VAT in India. It also takes on board the various alternatives proposed. It looks at the issues that need resolution and the options available for resolving t...

by R.Kavita Rao | On 12 Jun 2009

Foreign Exchange Liberalization: Perceptions, Realities and Way Forward

The article focuses on understanding of the economics of the exchange control liberalisation in macroeconomic perspectives and, therefore, the article does not attempt to interpret or explore the lega...

by P Samarasiri | On 12 Jun 2009

Does the Currency Regime Shape Unhedged Currency Exposure?

This paper examines how unhedged currency exposure of firms varies with changes in currency exibility. A sequence of four time-periods with alternating high and low currency volatility in India prov...

by Ila Patnaik | On 11 Jun 2009

India’s Approach to Capital Account Liberalization

In this paper, the author analyzes India’s approach to capital account liberalization through the lens of the new literature on financial globalization. India’s authorities have taken a cautious and c...

by Eswar S. Prasad | On 09 Jun 2009

Risk Management in the Midst of the Global Financial Crisis

The global economy is passing through its deepest financial and economic crisis of our time. Protecting the Indian economy from the worst impact of the crisis has been a big challenge for the governme...

by D Subbarao | On 08 Jun 2009

Initiatives of NGOs in Kutch Region

Many NGOs occupy a space between public and private sector organisations, and the papers in this special issue demonstrate that the mechanisms required for effective accountability by these NGOs are u...

by Kalpana C Satija | On 06 Jun 2009

The EU-India FTA Critical Considerations in a Time of Crisis

The paper broadly examines the core trade interests of the EU and India, the content of the negotiations and outlines some key concerns of a potential deal for India in the areas of goods, services an...

by Shefali Sharma | On 05 Jun 2009

Health Economics for Developing Countries: A Survival Kit

Health economics is increasingly recognized as a discipline that has much to offer developing countries in addressing these problems, but how can it help? What economic concepts and tools can be appli...

by Anne Mills | On 04 Jun 2009

Trading our Way Out of the Financial Crisis: The Need for WTO Reform

In the context of the deepening global crisis that is pushing millions more women, children, and men into poverty in developing countries, development should be the centerpiece of reforming the global...

by Kevin P. Gallagher | On 29 May 2009

Performance and Development Effectiveness of the Sardar Sarovar Project

The study was undertaken with the objective to review and analyse the costs and benefits of the Sardar Sarovar Dam at this stage, when efforts are being made to complete the last leg of the dam, rai...

by Tata Institue of Social Sciences TISS | On 26 May 2009

Risk Management Lessons from the Global Financial Crisis

During the global financial turmoil of 2007 and 2008, no major derivative clearing house in the world encountered distress while many banks were pushed to the brink and beyond. An important reason for...

by Jayanth R Varma | On 26 May 2009

Information Technology and Banking – A Continuing Agenda

Speech is about the role of IT in the Indian financial sector [Keynote address at the Banking Technology Awards 2008 of the Institute for Development & Research in Banking Technology, Hyderabad].

by D Subbarao | On 25 May 2009

Insecurities of the Old and Marginalized: Inflation, Oil Shocks, Financial Crisis and Social Security

The paper examines the impact of recent inflation and financial shocks on the vulnerable, and explores policy design to reduce both future shocks and vulnerability to shocks. Inflation affects the typ...

by Ashima Goyal | On 22 May 2009

Regional Monetary Units for East Asia: Lessons from Europe

This paper reports the European experience with a basket currency, the ECU. The ECU was initially introduced as a reference unit and later became the anchor of the European Monetary System. Public pol...

by Girardin Eric | On 22 May 2009

Social Movements and the Law in Post Colonial Hong Kong

Social movements in Hong Kong have begun to challenge the law and the judicial system for the purpose of challenging government policies or at least making their claims highly visible before the publi...

by | On 19 May 2009

Backward Linkages of Foreign Subsidiaries in Guangdong, China: A Country- of –Origin Analysis

Multinational companies exercise their impact on the economic development of the host countries and regions through Foreign Direct Investments (FDI). The host countries tap the benefits from these FDI...

by Filip De Beule | On 15 May 2009

Managing Prolonged Low Fertility: The Case of Singapore

This paper analyzes Singapore’s multi-pronged approach to managing prolonged low fertility which has led to population aging, labor force shortages, increasing elderly dependency ratios, and feminizat...

by Mukul. G Asher | On 15 May 2009

Agricultural Impact of Climate Change: A General Equilibrium Analysis with Special Reference to Southeast Asia

Capitalizing on the most recent worldwide estimates of the impacts of climate change on agricultural production, this paper assesses the economic effects of climate change for Southeast Asian countrie...

by Fan Zhai | On 14 May 2009

The Asian “Noodle Bowl”:Is It Serious for Business?

A lively debate is taking place over the impact of free trade agreements (FTAs) on East Asia's business between those who view the agreements as a harmful Asian "noodle bowl"—i.e., overlapping regiona...

by Masahiro Kawai | On 13 May 2009

The Two Waves of Service-Sector Growth

This paper will hopefully provide an important methodological tool for all researchers who may be attempting to analyze and explain the growth of the service sector and its share in the Indian GDP o...

by Barry Eichengreen | On 08 May 2009

Globalisation Produces Good Outcomes, Enhance Them: Prof Bhagwati

This paper talks of good outcomes of Globalisation which needs to be further inproved wherein Institutional response mechanisms should be designed to address any problems that may arise in specific ar...

by Jagdish Bhagwati | On 03 May 2009

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

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

by Rakesh Mohan | On 29 Apr 2009

Controlling Money and Politics – An Exercise in Damage Control

In many countries political financial regulations have been introduced.

by Marcin Walecki | On 28 Apr 2009

Essential Drugs in Government Healthcare: Emerging Model of Procurement and Supply

This paper details the procedures adopted by the Tamil Nadu Medical Services Corporation in procuring and supplying essential drugs to the government health care which is a positive measure in ensurin...

by Lalitha N | On 22 Apr 2009

FEER, April 2009

FEER, April 2009 Table of Contents

by FEER | On 06 Apr 2009

Budget 2009-10, Orissa

Budget speech of finance minister

by Orissa Government | On 13 Mar 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

Consultation Paper on Licensing Issues Related to Next Generation Networks

Telecom operators in India have initiated their move towards Next Generation Networks (NGN) by implementing IP based core network. In order to identify & address various issues related to Next Gen...

by Telecom Regulatory Authority of India TRAI | On 04 Feb 2009

Voices from the South: The Impact of the Financial Crise

Twenty-one thinkers, academics and policymakers from 14 developing countries present snapshot views of how the financial crisis is affecting their countries

by Globalisation Team IDS | On 31 Jan 2009

Planning for Results: The Public Accountability Information System

The paper proposes a Public accountability information system (PAIS), with a web enabled public information system and a smart card recording all the benefits that the poor are entitled to receive thr...

by Arvind Virmani | On 22 Jan 2009

Some Reflections on the Recent Global Financial Turmoil – an Indian Perspective

The speech tries to underline some lessones that be drawn from the financial crisis relevant to regulation, financial markets and the market infrastructure and to reflect on these. [Annual Conference...

by Shyamala Gopinath | On 15 Jan 2009

Indian Railways in the Past Twenty Years Issues, Performance and Challenges

To understand the development process of Indian Railway’s over the past twenty years, the study covers issues and strategies related to financial and physical aspects of revenue generating freight and...

by G. Raghuram | On 06 Jan 2009

Report on the GLobal Financial Crisis and Kerala Economy: Impact and Mitigation Measures

This preliminary report has been prepared with a view to assist the state government in understanding the implications of the crisis, so that appropriate policies and programmes could be chalked to de...

by Centre for Development Studies CDS | On 02 Jan 2009

Development of What? An Exposition of the Politics of Development Economics

The present paper aims at driving home a hitherto-neglected and perhaps often muted (but important) point, namely, that the confusions and identity crisis that had gripped development economics in th...

by Arup Maharatna | On 31 Dec 2008

Government Spending, Trade Openness and Economic Growth in India: A Time Series Analysis

The study examines the impact of aggregate government expenditure and its two broader components such as revenue expenditure and capital expenditure on the growth rate of output in the Indian contex...

by Hrushikesh Mallick | On 22 Dec 2008

The Global Financial Turmoil and Challenges for the Indian Economy

Perspective on the current global turmoil, its impact on India, the outlook for the Indian economy and the challenges that lie ahead for the Indian banking system, in particular. [Speech delivered at...

by D Subbarao | On 19 Dec 2008

Reducing Currency and Maturity Mismatch

The main objectives of this report are to identify and propose policies, factors and conditions that could mitigate or avoid double mismatches. policies here means any course of action pursued and ad...

by Khee-Giap Tan | On 19 Dec 2008

Common Guidelines for Watershed Development Projects

This is an initiative by the Planning Commission to formulate “Common Guidelines for Watershed Development Projects in order to have a unified perspective by all ministries.These guidelines are theref...

by Government of India GOI | On 08 Dec 2008

Mitigating Spillovers and Contagion Lessons from the Global Financial Crisis

The speech mainly throws light upon the impact of financial crisis on emrging economies particulary India. [Speech delivered at Reserve Bank of India at the RBI-BIS Seminar at Hyderabad].

by Duvvuri Subbarao | On 05 Dec 2008

The Impact of Terrorism and Conflicts on Growth in Asia, 1970–2004

This paper quantifies the impact of terrorism and conflicts on income per capita growth in Asia for 1970–2004. Transnational terrorist attacks had a significant growth-limiting effect. An additional t...

by Khusrav Gaibulloev | On 05 Dec 2008

The Role of Fiscal and Monetary Policies in Sustaining Growth with Stability in India

This paper focuses on the role of fiscal and monetary policies in the evolution of the Indian economy over the years, with particular attention being given to the reforms undertaken in these policies...

by Rakesh Mohan | On 28 Nov 2008

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

The Incidence and Performance Effects of Interlocking Directorates in Emerging Market Business Groups: Evidence from India

The structure and extent of interlocking directorates within Indian business groups is studied and analyses the performance effects of such interlocks. It finds that large groups tend to have more int...

by Bikram De | On 21 Nov 2008

Performance of Indian Cement Industry: The Competitive Landscape

The competitiveness among the firms in Indian cement industry has also been evaluated. For the year 2006-07, out of the sample of seventeen firms (90.21% of the total market share), about 47% have re...

by G Burange | On 19 Nov 2008

Ensuring ‘Collective Action’ in ‘Participatory’ Forest Management

This paper is based on a qualitative analysis of three case studies, each belonging to one of three types of institutional structures: Self-initiated, NGO-promoted, and Government-sponsored JFM. The b...

by Rucha Ghate | On 14 Nov 2008

World Development Report 2007 Development and the Next Generation

The Report examines five pivotal phases of life that can help unleash the development of young people’s potential with the right government policies: learning, working, staying healthy, forming famili...

by World Bank | On 11 Nov 2008

FEER, November 2008: Contents

Can Asia Consume A Way Out of Crisis? Hugo Restall, editor of the REVIEW, looks at the prospects of Asian governments' efforts to jump start domestic demand through Keynesian stimulus packages. F...

by FEER | On 10 Nov 2008

India’s Macroeconomic Performance and Policies Since 2000

The paper reviews India’s macroeconomic performance and policies since 2000. The first section briefly summarizes key macroeconomic developments regarding economic growth, inflation, external balance...

by Shankar Acharya | On 29 Oct 2008

Impact of Urban Growth on Water Bodies The Case of Hyderabad

This study makes an attempt to analyse the transformation of common property resources (the lakes) into private property. [WP No. 60].

by Ramachandraiah C | On 17 Oct 2008

Global Financial Turmoil and India’s Look East Policy

The ongoing global financial turmoil represents an end of an era of exuberant financial capitalism. But the transition to a more sedate and scaled down financial sector will be traumatic for the world...

by Mukul Asher | On 15 Oct 2008

Lessons from the Global Financial Crisis with special reference to Emerging Market Economies and India

Each day, there is news of the crisis spreading to a newer part of the world or to a newer institution. What we are going through is an unprecedented crisis; and we will be failing the world if we do...

by Duvvuri Subbarao | On 15 Oct 2008

International Financial Regulation : The Quiet Revolution

The author points out that the general directions of change adopted by the financial authorities in countries around the world in response to the market turbulence of 1997 and 1998 are correct. But, e...

by Howard Davies | On 14 Oct 2008

Right to Drinking Water in India

This paper proceeds with approach that it is the constitutional obligation of the State to provide adequate quantity of drinking water to the citizens and also protect water resources as common good...

by Ramachandraiah C | On 13 Oct 2008

Heterodox Macroeconomics and the Design of Monetary Institutions

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

by Romar Correa | On 10 Oct 2008

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

Issues Before the Thirteenth Finance Commission

The paper argues that irrespective of the wording of the Terms of Reference (ToR), the Commission would do well to focus on its primary task of recommending transfers to serve the objective of equit...

by M.Govinda Rao | 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

Technology Sourcing and Internationalisation of IT firms in India

The paper analyzes the determinants of internationalisation, defined in terms of export intensity and overseas investments, of the IT firms in India. In particular, the paper examines the role of tech...

by Narayanan K | On 01 Oct 2008

Women in the Calcutta Municipal Corporation: A Study in the Context of the Debate on the Women's Reservation Bill

This article presents the findings of a survey conducted in 2000 in the Calcutta Municipal Corporation (CMC), where quotas – 33 per cent of seats - for women have been implemented since 1995. [CSH Oc...

by Stephanie Tawa Lema-Rewal | On 30 Sep 2008

Pollution Across Chinese Provinces

The environmental Kuznets curve (EKC) hypothesis is revisited using 1987-1995 data for Chinese provinces.

by Catherine Yap Co | On 29 Sep 2008

Population Growth Trends, Projections, Challenges and Opportunities

Demographic transition is a global phenomenon; population growth is inevitable in the initial phases of the transition. For India the current phase of the demographic transition is both a challenge an...

by Prema Ramachandran | On 26 Sep 2008

Goa Musings: Mining

Men who will stop the water: vignettes from Goa's mining heartland

by Hartman de Souza | On 26 Sep 2008

Payment and Settlement System in India

The lecture is about the payment system in India, which is an important element of the financial sector infrastructure. The lecture also shows the evolution and objectives of the Indian payment system...

by Leeladhar V | On 25 Sep 2008

Persistent Inequality: An Explanation Based on Limited Parental Altruism

This paper provides an explanation for the observed persistence in income inequality across households in terms limited parental altruism. It is postulated that the degree of parental altruism is ‘lim...

by Mausumi Das | On 24 Sep 2008

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

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

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

Sri Laka Budget Speech

2008 Budget presented by His Excellency the President Mahinda Rajapaksa

by Ministry of Finance and Planning Sri Lanka | On 18 Sep 2008

Food Processing in Andhra Pradesh Opportunities and Challenges

The study is taken up in the state of Andhra Pradesh with the following objectives: 1. To study the opportunities and challenges in processing of rice, fruits and vegetables, oilseeds and livestock...

by S.Mahendra Dev | On 17 Sep 2008

India's Climate Change Policy and Trade Concerns: Issues, Barriers and Solutions

This study assesses the Five Year Plans and relevant government policies adopted to garner India's climate change goals and priorities. It attempts to highlight key climate change concerns from a brie...

by Centre for Trade and Development CENTAD | On 17 Sep 2008

Financial Inclusion and Information Technology

Today banks have centralised operations, more and more banks and branches are moving to CBS , network based computing, new delivery channels such as networked ATMs, internet banking, smart card based...

by Usha Thorat | On 16 Sep 2008

A Better Childhood: Case Studies onChild Labour

Child labour is seen in every corner of the street in India, they are everywhere, they are visible. It is a very complex socio -economic problem and it definitely will be a burden of the growth of Ind...

by Theodora Lee | On 11 Sep 2008

Current Problems with the IMF and Challenges Ahead – A LatinAmerican Perspective

The paper examines the current problems with the IMF which include: 1) the institution is no longer fulfilling the functions it used to fulfil, nor is there a clear vision of any new functions for it;...

by Roberto Frenkel | On 21 Aug 2008

The Naxals get lethal: Chhattisgarh continues to be the epicenter of the conflict

Chhattisgarh continues to be the epicenter of the Naxalite conflict as a direct consequence of the counter-insurgency Salwa Judum campaign. There have been credible reports of serious human rights vio...

by Asian Centre for Human Rights ACHR | On 18 Aug 2008

WCD Thematic Review 1.3:Social Aspects: Contributing Paper: Displacement, Resettlement, Rehabilitation, Reparation and Development

This paper seeks primarily to establish some benchmarks for policy and law for displacement and rehabilitation in India. It will do this by looking briefly at the actual experience of displacement due...

by Ravi Hemadri | On 14 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

An Agenda for Reform of the International Monetory Fund (IMF)

The International Monatory fund is facing an uncertain future. Notewithstanding the important contributions it has made in helping the global economy deal with major economic and financial changes and...

by Jack Boorman | On 06 Aug 2008

A Human Rights Commission Must Have Effective Powers

Ratification imposes specific obligations on a state to incorporate human rights into national laws, to amend legislation, to promote, protect and fulfill human rights and prevent violations of huma...

by South Asians for Human Rights SAHR | On 31 Jul 2008

Index of Financial Inclusion

The promotion of an inclusive financial system is considered a policy priority in many countries. While the importance of financial inclusion is widely recognized, the literature lacks a comprehensive...

by Mandira Sarma | On 25 Jul 2008

Managing Capital Flows: The Case of India

From the early 1990s, India embarked on easing capital controls. Liberalization emphasised openness towards equity flows, both FDI and portfolio flows. In particular, there are few barriers in the fa...

by Ajay Shah | On 24 Jul 2008

Who is Worried about the National Interest?

Given the strategic long run character of the nuclear deal, the decision on it should nor be hurried. Nor is it one that can be taken without seeking wider public consensus than is available to the...

by Arun Kumar | On 21 Jul 2008

The Future Role of the IMF: Asian Perspectives

The financial crisis of 1997 gave the Asian region a very hard lesson on the importance of financial stability. The severity of the crisis and the failure of IMF in assisting these countries became a...

by Titik Anas | On 17 Jul 2008

Between Citizens and Institutions: The Dyamics of the Integration of Water Supply and Sanitation Services in Hyderabad

The purpose of this study is to review the changes that have taken place recently in water supply and sanitation services and examine the role of various stakeholders involved in urban governance in...

by Agnes Huchon | On 15 Jul 2008

Constitutionalising Panchayats: The Response of State Legislatures

This article is an attempt to look at debates in the light of the Assemblies' tryst with panchayats. It should be noted that it is not an evaluation of what transpired in the state Assemblies. In view...

by Girish Kumar | On 03 Jul 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

Children’s Perception of Sarkar: A Critique of Civics Textbooks

Where do we locate the value of political education in our country, which has largely been imparted under the category of civics? Since textbooks are on possible site for finding answers, this study...

by Alex M. George | On 29 May 2008

Draft Report of the Committee on financial Sector Reforms

The financial sector has built capabilities such that, with appropriate policy changes, it can grow tremendously, both domestically and internationally. the report touches upon two reasons for financi...

by Raghuram G. Rajan | On 14 Apr 2008

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

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

A short critique of the Stern Review

The Stern Review (2006) and the Intergovernmental Panel on Climate Change (IPCC) assert that the greenhouse problem can be solved at a negligible cost. this articls details the argument that both th...

by Ted Trainer | On 17 Mar 2008

A Sugar Policy for India Comment on D R Gadgil

D.R. Gadgil, wrote at length about the need for a long-term sugar policy and its efficient implementation is needed in India. What is the current relevance of his ideas?

by Aparna Mitheel Jaikar | On 13 Mar 2008

Scaling up a Reproductive Health Curriculum In Youth Training Courses

Considering the reproductive health information and service needs of adolescents and youth, the Population Council’s Frontiers in Reproductive Health (FRONTIERS) Program, in collaboration with the Min...

by Laila Rahman | On 12 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

Kerala Budget Speech 2008-09

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

by Government of Kerala Govt | On 07 Mar 2008

Key Features of Budget 2008-2009

Budget presented by Finance Minister

by P Chidambaram | On 29 Feb 2008

The Maternity Benefit (Amendment) Bill, 2007

The Bill seeks to amend the Maternity Benefit Act, 1961.

by Parliamentary Research Service PRS | On 28 Feb 2008

Introducing the Railway Budget 2008-2009

Speech of Lalu Prasad

by Lalu Prasad | On 27 Feb 2008

Competitiveness of India's Manufacturing Sector: An Assessment of Related Issues

An analysis of the various parameters of manufacturing competitiveness of the Indian economy is provided. The paper notes that India is one of the leading producers and exporters of a number of commod...

by Lakshmanan L | On 19 Feb 2008

Regulation of Informal Financial Institutions: A Study of Money Lenders in Kerala

The working of money lenders in Kerala are analysed. Based on a sample survey, the paper has estimated the volume of deposits and credits extended by money lenders in Kerala and has brought out the un...

by P D Jeromi | On 13 Feb 2008

The Rehabilitation and Resettlement Bill, 2007

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

by Lok Sabha | On 07 Feb 2008

Requirement of Public Holding for Listing

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

by Ministry of Finance | On 05 Feb 2008

From Theory to Practice: Translating Research into Health Outcomes

Commenting on recent research articles which look at the potential health benefits of behaviour change, the PLoS Medicine Editors say that publication of the findings of such research is only one part...

by PLoS Medicine | On 01 Feb 2008

Municipal Finance in India:An Assessment

This study, entitled “Municipal Finance in India – An Assessment”, undertaken for the Development Research Group (DRG), Reserve Bank of India examines the performance of Urban Local Bodies (ULBs) in I...

by P K Mohanty | On 29 Jan 2008

National Policy on the Voluntary Sector

This National Policy on the Voluntary Sector-2007 is the beginning of a process to evolve a new working relationship between the Government and the Voluntary Sector, without affecting the autonomy and...

by Planning Commission, India | On 29 Jan 2008

Managing Migration in thePhilippines: Lessons for India

The significance of international migration in the Philippines economy and society is discussed. The Government of Philippines plays a supportive and regulatory role promoting internationational migr...

by S. Irudaya Rajan | On 19 Jan 2008

The Fundamental Equilibrium Real ExchangeRate in India : An Approach to Estimation and Measurement of Misalignment

An estimation of the real equilibrium exchange rate for India for the period in the latter half of the 1990s using fundamental economic variables by decomposing a structural VAR vested with appropriat...

by Himanshu Joshi | On 18 Jan 2008

Financing Arrangements for Nuclear Power Projects in Developing Countries A Reference Book

The IAEA topical seminar on Financing of Nuclear Power Projects in Developing Countries reaffirmed that a major requirement for and constraint on the development of nuclear power projects in developin...

by International Atomic Energy Agency IAEA | On 14 Jan 2008

Issues Relating to 3rd Phase of Private FM Radio Broadcasting

The first phase of private sector involvement in FM radio broadcasting was launched by Ministry of Information and Broadcasting, Government of India vide its notification in year 1999. Based on the ex...

by Telecom Regulatory Authority of India TRAI | On 11 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

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

A Success Story

India's economic reforms are evaluated.

by T.N. Ninan | On 26 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

The beast in us all

The tragedies and discrimination that happen in our country in the name of caste shows that there is a beast in all of us.

by T.N. Ninan | On 06 Nov 2007

Customer Centricity and the Reserve Bank

The Reserve Bank, as the regulator of the banking sector, has been actively engaged, from the very beginning, in the review, examination and evaluation of customer service in the banks. It has been re...

by Leeladhar V | On 26 Oct 2007

Non Deliverable Foreign Exchange Forward Market: An Overview

Recognising the growing activity in the non deliverable forward (NDF) market in the recent years, the paper attempts to present a detailed analysis of the NDF market with special focus on Indian rupee...

by Sangita Misra | On 22 Oct 2007

Newsletter on Regional Economy: A bi-monthly four-state update

A monthly compilation by IRIS.

by IRIS India IRIS | On 22 Oct 2007

Unorganised Sector Worker's Social Security Bill 2007

A bill to provide for the social security and welfare of unorganised sector workers and for other matters connected therewith or incidental thereto.

by Minister of State for Labour and Employment | On 15 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

Elements of Effective Central Banking: Theory, Practice, and History

The key elements of effective central banking that account for much of the improvement in monetary policy around the world today are outlined and explained. The past quarter of the century has been a...

by Marvin Goodfriend | On 09 Oct 2007

Between Stools

Different options that RBI and government must decide regard to future inflows of international capital to India.

by T.N. Ninan | On 08 Oct 2007

Model Nagara Raj Bill

Model bill to amend the laws relating to the Municipalities and to institutionalise citizens’ participation in municipal functions, e.g. setting priorities, budgeting provisions, etc. by setting up of...

by Ministry of Urban Development MoUD | On 08 Oct 2007

Governance and Health

As we celebrate 60 years of political independence and take pride in our dynamic private sector, our remarkable IT successes and all the other usual dimensions of success, let us remind ourselves that...

by Shankar Acharya | On 08 Oct 2007

Report of the Working Group on Preparing Guidelines for Access to Payment Systems

The Reserve Bank had constituted an internal working group to review the existing access criteria and suggest changes that may be adopted for access to Payment and Settlement Systems. The Group has pr...

by Reserve Bank of India | On 05 Oct 2007

Capital Inflows, Financial Repression and Macroeconomic Policy in India since the Reforms

Since the early 1990s the Indian economy has seen a considerable relaxation of controls, as a consequence of which it has witnessed unprecedented growth. This is especially remarkable in the external...

by Partha Sen | On 04 Oct 2007

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

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

Models of Equilibrium Real Exchange Rates Revisited: A Selective Review of the Literature

One of the more important concepts in open macroeconomics is the “equilibrium real exchange rate” (ERER). Real exchange rate misalignments are argued to have been the cause of loss of competitivene...

by Reza Y. Siregar | On 20 Sep 2007

Holding Companies in Banking Groups

RBI seeks comments from the public for this paper. Comments may be sent to the Chief General Manager-in-Charge, Department of Banking Operations and Development, Reserve Bank of India, Central Office,...

by Reserve Bank of India | On 19 Sep 2007

Educational Policy and the Economics of the Family

The implications of alternative ways to model decisionmaking by families for educational policy are analysed. Many of the policy implications associated with credit constraints cannot be distinguished...

by Abhijit Banerjee | On 11 Sep 2007

Where are the SOPs?

Need for SOPs (standard operating procedures) in many government departments can be seen form the maintenance of cities in India. Many unplanned decisions have caused difficulties to pedestrians. It h...

by T.N. Ninan | On 10 Sep 2007

Asian Anthropology, Volume 5, 2006

Main Articles Women's Stories, Discourse, and "the Power of Feelings" in China: A Case from a Muslim Neighborhood Maris GILLETTE Speaking Bitter-Sweetness: China's Urban Elderly in the Reform Peri...

by Anthropology Department Chinese University of Hong Kong | On 07 Sep 2007

Asian Anthrpology, Volume 4, 2005

Main Articles Hahoe: The Appropriation and Marketing of Local Cultural Heritage in Korea - Okpyo MOON The Polder Museum of Ogata-mura: Community, Authenticity, and Sincerity in a Japanese Village ...

by Anthropology Department Chinese University of Hong Kong | On 07 Sep 2007

The Contribution of Services Liberalisation to Poverty Reduction: What Role for the GATS?

There are various conceivable links between services liberalization and poverty reduction, including the efficiency effects associated with increased competition in intermediate (infrastructural) serv...

by Rolf Adlung | On 27 Aug 2007

Report of the Inter-ministerial Task Force on Convergence of Securities and Commodity Derivative Market

With the abolition of prohibition on forward trade in all the commodities at the beginning of 2003, the commodity derivativesmarket has been totally liberalized. The Ramamoorthy Committee set up by SE...

by Ministry for Consumer Affairs,Food and Public Dist MCAFP | On 26 Aug 2007

A Change of Mood

There is a change in the financial scenario. Any sustained bout of fair weather on the markets creates business excesses as investors and consumers start discounting risk more and more. So it is healt...

by T.N. Ninan | On 20 Aug 2007

Contagion Again?

Financial contagion is dangerous because you don’t know where it will hit, and how hard. Every country has to remmber this and make arrangements so that a criris does not repeat as happenend in 1997 (...

by T.N. Ninan | On 13 Aug 2007

Towards a Corporate Response to Climate Change

The recently concluded conclave of Indian corporate leaders in Palampur to discuss the scary situation of climate change in the world left the delegates more bewildered than clear on the strategies to...

by Manu N. Kulkarni | On 10 Aug 2007

The Micro Financial Sector (Development and Regulation) Bill, 2007: Legislative Brief

While the Bill promotes the activities of MFOs, there are differing opinions on the cost efficiency of the MFO model. �� NABARD is designated as the regulator of the micro financial s...

by Kaushiki Sanyal | On 08 Aug 2007

The Micro Financial Sector (Development and Regulation)Bill 2007

The Micro Financial Sector (Development and Regulation) Bill, 2007 seeks to promote the sector and regulate micro financial organisations (MFO). 􀂐 National Bank for Agriculture and Rural D...

by Ministry of Law | On 08 Aug 2007

Indian Elderly Among Marginal Sections Programmes and Policies in the Era of Globalisation

This paper is an attempt to bring out different needs of elders from different backgrounds and socio-economic groups. The main aim of the paper is to help policy makers in identifying these difference...

by Habibullah Ansari | On 02 Aug 2007

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

The Real Numbers

The macro-economic numbers put out by the official statistical systems do not capture the full underlying reality because of a variety of accounting fudges and delayed decisions. Taken in its totality...

by T.N. Ninan | On 30 Jul 2007

Foreign Exchange Reserves

The report is a compilation of quantitative information with regard to external reserves, such as, level of foreign exchange reserves, sources of accretion to foreign exchange reserves, external liabi...

by Reserve Bank of India | On 26 Jul 2007

Evaluate Anti-Naxal Policies of the Chhatisgarh Government: Naxal Conflict Monitor April 11, 2007

The State has the responsibility to ensure right to life of the citizens. Involving civilians directly in armed conflicts only increases the risks to their lives and prolongs the conflicts. Common cit...

by Asian Centre for Human Rights ACHR | On 13 Jul 2007

The Rise in Remittances to India: A Closer Look

India has clearly achieved a large sustained level of remittances. Policy initiatives by the government and banking institutions have achieved two significant results. First, most remittances flow tho...

by Muzaffar Chisti | On 11 Jul 2007

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

Statistical System of India: Some Reflections

The historical development of statistics in India is outlined. The application of statistics in RBI and the areas where statisticians can contribute significantly are also given [Speech delivered on T...

by Rakesh Mohan | On 10 Jul 2007

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

Working Together for Maternal, Newborn and Child Health

Despite years of significant advances in improving child survival and health, the final chapter on ending unnecessary child deaths has not yet been written and advances have stagnated in several count...

by Francisco Songane | On 03 Jul 2007

Impact of U.S. Federal Interest Rate and Movement of MSCI on Indian Capital Markets

The relationship between Indian macro-economic factors and economic growth has been analyzed by a number of empirical studies. This paper re-examines the sources of variability in the Indian economy f...

by Bharat Chadha | On 26 Jun 2007

Building an International Financial Centre in Mumbai

Earlier this year, the Indian government’s High Powered Expert Committee (HPEC) put forward its recommendations on how Mumbai could be made into an International Financial Center. The HPEC’s report co...

by Sanjeev Sanyal | On 19 Jun 2007

Selection into Worst Forms of Child Labor: Child Domestics, Porters and Ragpickers in Nepal

A large literature considers why children work, but little is known about why children participate in activities that are labeled worst forms of child labor. The principal international convention o...

by Eric Edmonds | On 19 Jun 2007

The Challenges of Financial Liberalisation for Emerging Market Economies

In this speech to the staff of the Reserve Bank of India delivered on May 14, 2007 at the RBI, Central Office, Mumbai, the author offers some comments on the challenges posed by financial liberalisati...

by Christian Noyer | On 13 Jun 2007

Three Essays on the Economics and Finance of Terrorism

Aa framework for the analytical treatment of terrorist problems is suggested and then brings out the importance of financial and socio-economic factors. The framework classifies the various causes of...

by Siddhartha Mitra | On 31 May 2007

Time to Mainstream Micro-Pensions in India

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

by Mukul Asher | On 08 May 2007

Lesons Government Failure: Public Goods Provision and Quality of Public Investment

This paper focuses on government investment and expenditure policies. Going beyond the growth experience, the author also tries to relate the policy experience to the issues of aggregate poverty, in...

by Arvind Virmani | On 25 Apr 2007

Declaration of SAARC Summits 1985-1998

The Summit declarations of the Heads of State/Government of the Member Countries of SAARC at the conclusion of all the ten SAARC summits that have taken place since the inception of SAARC have been co...

by SAARC Secretariat | On 10 Apr 2007

Language Politics: Learning English

States are struggling to find the right language formula in education, giving rise to political agendas around language teaching. How early should English be introduced in the school curriculum? Shoul...

by Lakshmi Priya | On 03 Apr 2007

Commission of Inquiry

On 1st September 2003, the Government had appointed the Commission under the Commissions of Inquiry Act, 1952, to inquire into the allegations of corrupt paractices and maladministration inot certain...

by Maharashtra Government | On 27 Mar 2007

TB Report

On world TB day, this reoirt gives an idea about how overall the world people are affected byTB and the government initiatives to control TB

by World Health Organisation WHO | On 24 Mar 2007

Educational Development and Wastage in Tripura

The paper evaluates the general educational scene in Tripura three commonly known indicators such as literacy rate, enrolment ratio and wastage rate are used as yardsticks in the present study. though...

by P. Nayak | On 22 Mar 2007

Andhra Pradesh Budget 2007-08

Budget Speech of Finance Minister 2007-08

by Government Andhra Pradesh | On 16 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

Cropping in Arid Area Greenhouse

In hot, arid regions, yields are low and unstable, growing season limited to one. Greenhouses can stabilize and improve yields and extend seasons. But their adoption is impeded by the requirement of l...

by Sharan G | On 08 Mar 2007

Outlays Only, Not Outcomes?

The Budget does not sufficiently recognize the need for re-balancing the role of the state and the market, and of the public and the private sectors for managing increasingly complex economic and stra...

by Mukul Asher | On 07 Mar 2007

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

Fiscal Deficit, Capital Formation, and Crowding Out : Evidence from India

Theoretical literature identifies two variants of crowding out in an economy–real and financial. The real (direct) crowding out occurs when the increase in public investment displaces private capital...

by Lekha S. Chakraborty | On 17 Feb 2007

Women Politicians, Gender Bias, and Policy-making in Rural India

Despite the importance of this issue for the design of institutions around the world, little is known about the relative performance of women as policy makers, about their impact on child development...

by Lori Beaman | On 16 Feb 2007

Outcome of the review of the trends in receipts and expenditure in relation to the budget at the end of the second quarter of the financial year 2006-2007

This mid-year review reports developments in the economy in the first half of 2006- 07, with a particular focus on Central Government finances, outlining the performances in the real sector, economi...

by Ministry of Finance | On 06 Feb 2007

What Drives Forward Premia in Indian Forex Market?

This paper explores the behaviour of the forward premia for US$ vis-à-vis INR during the five-year period of September 2000 to September 2005. Indian forex market experienced a peculiar phenomenon i...

by Anil Kumar Sharma | On 10 Jan 2007

The International Mobility of Technical Talent: Trends and Development Implications

This paper charts the complex dynamics of the movement of technical talent in the world economy and assesses broadly the impact of such mobility on both sending and receiving countries. Based on sec...

by Anthony P. D'Costa | On 29 Dec 2006

Impact of Reservations of Panchayat Pradhans on Targeting in West Bengal

The effect of randomized reservations of Pradhan (chief executive) positions in West Bengal local governments (panchayats) for women and members of Scheduled Caste/Scheduled Tribes (SC/ST) following t...

by Pranab Bardhan | On 27 Dec 2006

Pro-Poor Targeting and Accountability of Local Governments in West Bengal

A commonly alleged pitfall of decentralization is that poverty, socio-economic inequality and lack of political competition allow local elites to capture local governments. This hypothesis is empirica...

by Pranab Bardhan | On 27 Dec 2006

Financial Center Pipedreams

There is no denying that for financiers, Singapore has plenty of buzz these days. When a large European bank held a reception there recently for its prime brokers to meet potential hedge fund clients...

by Hugo Restall | On 09 Nov 2006

Financial Center Pipedreams

Are Singapore’s efforts to become a leading regional financial center gaining as much traction as the recent buzz over hedge funds would lead one to believe?

by Hugo Restall | On 03 Nov 2006

China's Embrace of Globalisation

As China has become an increasingly important part of the global trading system over the past two decades, interest in the country and its international economic policies has increased among internati...

by Lee Branstetter | On 13 Oct 2006

Report of the Sardar Sarovar Project Relief and Rehabilitation Oversight Group on the Status of Rehabilitation of Project-affected Families in Madhya Pradesh

In the light of the observations of the Supreme Court in its order dated 17th April 2006, the Prime Minister constituted the Sardar Sarovar Project Relief & Rehabilitation Oversight Group. The manda...

by V.K. Shunglu | On 28 Jul 2006

The Mckinnon-Shaw Hypothesis: Thirty Years on:A Review of Recent Developments in Financial Liberalization Theory

The Mckinnon-Shaw Hypothesis, in its’ various forms, is now thirty years old. This paper attempts to survey the literature on the Mckinnon-Shaw Hypothesis and tries to draw out some of the recurrent...

by Firdu Gmech | On 02 Jun 2006

Land of Opportunity?

While the last 15 years have seen a flowering of enterprise because of the opening up of the Indian economy, today’s more open trading and investment system (which allows the big international players...

by T.N. Ninan | On 16 Apr 2006

India Needs to Separate Debt from Monetary Management

The Reserve Bank of India, in its Annual Policy Statement on April 28, 2005, for the year 2005-06, announced its intention to reorient government debt management operations entailing functional separ...

by Charan Singh | On 14 Apr 2006

Why is Exchange Rate Pass-through So Low?

Policy makers are particularly concerned about the extent and speed of exchange rate pass-through into domestic prices. However, in recent times there seems to be a growing degree of disconnect betw...

by Amit Ghosh | On 14 Mar 2006

The Extent of Exchange Rate Flexibility in India: Basket Pegger or Closet US Dollar Pegger?

This paper examines the degree of de facto exchange rate flexibility for India over the last two decades. While there is a diversity of methods that measure de facto exchange rate regimes, none indivi...

by Tony Cavoli | On 08 Mar 2006

The Siren Song of Technonationalism

Technological development in Asia is driven by government policy, and that policy is motivated in large part by technonationalism, or the desire of Asian states to free themselves from dependence on W...

by David Kang | On 07 Mar 2006

Economic Survey 2005-06, Chapter 6

External Sector

by Ministry of Finance | On 27 Feb 2006

Economic Survey 2005-06, Chapter 4

Securities Markets

by Ministry of Finance | On 27 Feb 2006

Financial Integration in East Asia: How Far? How Much Further to Go?

Despite numerous empirical studies examining various facets of the topic, the degree of intraregional financial integration in East Asia remains a matter of vigorous debate. This paper offers a select...

by Tony Cavoli | On 07 Feb 2006

Macroeconomic and Monetary Developments: Third Quarter Review, 2005-06

The robust performance of the Indian economy continued during the second quarter (July-September) of 2005-06. According to the Central Statistical Organisation (CSO), the economy recorded a real GDP...

by Reserve Bank of India | On 02 Feb 2006

The Social Cost of Foreign Exchange Reserves

There has been a very rapid rise since the early 1990s in foreign reserves held by developing countries. These reserves have climbed to almost 30 percent of developing countries' GDP and 8 months of i...

by Dani Rodrik | On 27 Jan 2006

Real Sector Shocks and Monetary Policy Responses in a in a financially vulnerable Emerging Economy

When analyzing the appropriate response for monetary policy during a currency crisis it is important to keep in mind two distinct channels: (a) the impact of raising interest rates on exchange rates...

by Ramkishen S. Rajan | On 27 Jan 2006

Macroeconomic and Monetary Developments: Third Quarter Review 2005-06

Contents I. The Real Economy -- 1 Agricultural Situation Industrial Performance Business Expectations Surveys Services Sector II. Fiscal Situation 14 Combined Government Fi...

by Reserve Bank of India | On 25 Jan 2006

Reproductive Health Services and Role of Panchayats in Karnataka

The paper presents an analysis of the reproductive health care services available to women in rural areas in Karnataka, and the various factors influencing them. Based on survey data on the status o...

by Poornima Vyasulu | On 19 Jan 2006

Inflation Targeting Arrangements in Asia: Exploring the rate of the Exchange rate

Since the Asian crisis it has been recognized that exchange rate and monetary policy strategies must involve a “fairly high” element of flexibility rather than a single-minded defense of a particular...

by Ramkishen S. Rajan | On 19 Jan 2006

Conceptualizing NGO-State Relations in Karnataka:Conflict and Collaboration amidst Organizational Diversity

This paper maps the organizational diversity of the NGO sector in Karnataka, a “middle order state” (Vyasulu, 1995), and demonstrates that conceptualizing NGO actions vis-à-vis the state dichotomously...

by Neema Kudva | On 13 Jan 2006

Taking Stock of Monetary and Financial Regionalism in Asia

Lecture at RIS, New Delhi December 2005

by Ramkishen S. Rajan | On 12 Jan 2006

Participation in a School Incentive Programme in Karnataka

Development education policy has recently focused on school-based recognition and conditional cash transfer programs to improve accountability and incentives of school employees and committees. The L...

by Sharon Bernhardt | On 12 Jan 2006

Institutionalising Citizen Participaion in Urban Governance

The twin concepts of a federal arrangement – a structure for a multi-tiered form of government with clearly defined roles and responsibilities, as well as active citizenship are like the two strands...

by Ramesh Ramanathan | On 12 Jan 2006

Corruption and Local Governance: Evidence from Karnataka

The paper examines corruption in the institutions of local government in Karnataka, using a Logit model. One of the arguments in favour of decentralisation in developing countries is that it provide...

by V. Vijayalakshmi | On 09 Jan 2006

Dynamics of Local Governance in Karnataka

The objective of this paper is to unpack the dynamics of local governance in Karnataka by studying the interaction between two sets of rural institutions, (a) the formal, elected Gram Panchayats(GPs...

by Kripa Ananthpur | On 09 Jan 2006

Doha Work Programme: Draft Ministerial Text, Hong Kong, Decemnbr 18, 2005

Revised Minsterial text adopted at the Hong Kong Ministerial Conference

by World Trade Organisation | On 20 Dec 2005

Current WTO Negotiations on domestic Subsidies in Agriculture: Implications for India

This paper analyses the present state of play of WTO negotiations and evaluates how effective the current WTO provisions will be to reduce domestic subsidies in developed countries. The findings sugg...

by Parthaprathim Pal | On 12 Dec 2005

Controlled Capital Account Liberalisation: A Proposal

This paper outlines a proposal for a controlled approach to capital account liberalization for economies experiencing large capital inflows. The proposal essentially involves securitizing a portion o...

by Eswar S. Prasad | On 09 Dec 2005

Tariff Negotiations in NAMA and South Asia: July Agreement and Beyond

As developing countries including those from South Asia, rally forces and evaluate options ahead of the Hong Kong Ministerial meeting in December 2005, Non Agricultural Market Access (NAMA) assumes im...

by Prabash Ranjan | On 29 Nov 2005

Dictatorship, Democracy and Institutions: Macropolicy in China and India

We explore the hypothesis that macroeconomic polices are influenced by political structure, through a systematic comparison of reform period macroeconomic policy choices and outcomes, in China and Ind...

by Ashima Goyal | On 23 Nov 2005

East Asian Community: Prospects and Challenges

There is a growing need to a more institutionalized economic arrangement in East Asia. East Asia Economic Community might be an ideal form of such institution. However, the road is still long and...

by A Damuri | On 23 Nov 2005

Asian Reserves and the Dollar: Is Gradual Adjustment Possible?

Large dollar reserves in Asian EMEs accompany large U.S. fiscal and current account deficits. Analysis of strategic sales by Asian EMEs suggests that an attack on the dollar is not certain but is poss...

by Ashima Goyal | On 21 Nov 2005

Has Financial Development Made the World Riskier?

Developments in the financial sector have led to an expansion in its ability to spread risks. The increase in the risk bearing capacity of economies, as well as in actual risk taking, has led to a ran...

by Raghuram G. Rajan | On 16 Nov 2005

Tradable Permits for Environmental Protection: Case Study of an Integrated Steel Plant in India

Cost effective policies allow minimising the compliance costs associated to reaching a desired environmental quality target. In this paper a conceptual model has been developed to examine the complia...

by Rita Pandey | On 11 Nov 2005

Trends and Issues in Tax Policy and Reform in India

The Indian tax reform experience can provide useful lessons for many countries due to the largeness of the country with multilevel fiscal framework, uniqueness of the reform experience and difficult...

by M.Govinda Rao | On 10 Nov 2005

False Dawn on Budget Front

Essentially, the Outcome Budget (OB) as formulated now is nothing more than the performance budget with a promise that it would be extended to non-plan outlays too. As an idea, regardless of the labe...

by A. Premchand | On 20 Sep 2005

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

Voice Lessons:Local Government Organizations, Social Organizations, and the Quality of Local Governance

As part the Local Level Institutions study of local life in villages in rural Indonesia information was gathered on sampled household’s participation in social activities. We classified the reported a...

by Lant Pritchett | On 31 Mar 2005