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

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

by | On 15 Nov 2021

Technology, Globalisation and Multinationals The Asian Experience (Second Edition)

This second edition of the volume of Technology, Globalisation and Multinationals deals with issues relating to foreign direct investments (FDI); technology spillovers from FDI; in-house research an...

by N S Siddharthan | On 11 Sep 2021

COVID-19 pandemic – A focused review for clinicians

The COVID-19 pandemic caused by SARS-CoV-2 remains a significant issue for global health, economics and society. A wealth of data has been generated since its emergence in December 2019 and it is v...

by | On 27 May 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

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

Economics and the Ecosystem

The essays collected here grapple with different aspects of what, if natural scientists are to be believed, is the most profound set of issues humanity has ever faced. The United Nations Framework Con...

by World Economics Association | On 29 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

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

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

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

by Manmohan Agarwal | On 01 Feb 2019

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

Multi- Product Firms, Tariff Liberalization and Product Churning in Vietnamese Manufacturing

This study documents the frequency and characteristics of multi-product firms in Vietnamese manufacturing. The major findings are as follows. First, multi-product firms are larger, more capital-intens...

by Ha Thi Thanh Doan | On 29 Jan 2019

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

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

by Nguyet Thi Minh Phi | On 28 Jan 2019

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

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

by Tadateru Hayashi | On 02 Jan 2019

Social Funding of Green Financing: An Application of Distributed Ledger Technologies

This paper contributes to the literature in two ways: First, it delineates a concrete application of DLTs in the field of green financing, which offers the potential to increase social welfare. Second...

by Naoyuki Yoshino | On 20 Nov 2018

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

Translating Women’s Voices into Action in Mongolia: Addressing Gender-Based Violence through Investments in Infrastructure

The aim of the paper is to contribute to the discussion on the role of multilateral financing in directly addressing gender-based violence; specifically, the ways in which infrastructure investments c...

by Tsolmon Begzsuren | On 29 Oct 2018

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

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

by Cyn-Young Park | On 26 Oct 2018

Role of Bank Lending in Financing Green Projects: A Dynamic Stochastic General Equilibrium Approach

This paper develops an environmental dynamic stochastic general equilibrium (E-DSGE) model with heterogeneous production sectors. In particular, the model comprises some low-carbon emission firms that...

by Maria Teresa Punzi | On 19 Oct 2018

Rationale and Institution for Public – Private Partnerships

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

by Jungwook Kim | On 19 Sep 2018

Bride Price and Female Education

The paper examines how the effects of school construction on girls’ education vary with a widely-practiced marriage custom called bride price, which is a payment made by the husband and/or his family...

by Nava Ashraf | On 17 Sep 2018

The Impact of Nationally Determined Contributions on the Energy Sector: Implications for ADB and Its Developing Member Countries

This report assesses the impact of NDCs on the energy sectors of ADB’s DMCs in terms of projected changes to the power mix, anticipated investment in energy technologies, as well the resulting emissio...

by Yongping Zhai | On 16 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

Deriving Macroeconomic Benefits from Public–Private Partnerships in Developing Asia

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

by Minsoo Lee | On 11 Aug 2018

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

Hazard Analysis on Public–Private Partnership Projects in Developing Asia

. This paper applies survival time hazard analysis to estimate how project-related, macroeconomic, and institutional factors affect the hazard rate of the projects. Empirical results show that governm...

by Minsoo Lee | On 25 Jul 2018

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

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

by Rajeswari Sengupta | On 25 Jul 2018

Portfolio Composition and Valuation Effects in Emerging Market Economies

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

by Ashima Goyal | On 25 Jul 2018

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

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

by Savia Hasanova | On 19 Jul 2018

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

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

by Sheilah G. Napalang | On 29 Jun 2018

Maternal Education, Parental Investment and Non-Cognitive Characteristics in Rural China

This paper evaluates the parental response to non-cognitive variation across siblings in rural Gansu province, China, employing a household fixed effects specification; the non-cognitive measures of i...

by Jessica Leight | On 26 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

Accessing Opportunities: Policy Decisions for Enhancing Urban Mobility

This paper first considers the challenges of urban mobility faced by developing cities, before exploring the role for policy in improving connectivity. In Section 2, this paper looks at options for...

by Paul Collier | On 30 May 2018

FDI in Services and India

Developing countries, including India, are increasing relying on foreign direct investments (FDI) for raising finance for infrastructure development and other projects. Consequently, coun...

by Tanu M Goyal | On 09 May 2018

Growth and Childbearing in the Short- and Long-Run

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

by | On 08 May 2018

Crowding-Out or Crowding-In? Public and Private Investment in India

This paper contributes to the debate on the relationship between public and private investment in India along the following dimensions. First, acknowledging major structural changes that the Indian ec...

by Girish Bahal | On 07 May 2018

Demographics and FDI: Lessons from China’s One-Child Policy

Lucas (1990) argues that the neoclassical adjustment process fails to explain the relative paucity of FDI inflows from rich to poor countries. In this paper we consider a natural experiment: using Ch...

by | On 02 May 2018

Cold Chain Development for Fruits & Vegetables in India

This supply chain allows us to analyze the time- and distance-related aspects of cold-chain investment.

by Man Mohan Sodhi | On 27 Apr 2018

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

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

by | On 20 Apr 2018

Country Origin of Foreign Direct Investment in Indi an Manufacturing and Its Impact on Productivity of Domestic Firms

The paper investigated the productivity enhancing e ffects of FDI in Indian manufacturing firms, with a particular focus on the differences in FDI i mpact according to the county of origin of FDI....

by Bishwanath Goldar | On 19 Apr 2018

Revisiting Rates of Return to Agricultural R&D Investment

This study proposes the use of partial least squares to determine the key parameters of the perpetual inventory method model of capital stock as a new approach to calculate research and development (R...

by Alejandro Nin Pratt | On 13 Apr 2018

Special Economic Zones for Myanmar

This report examines the current state of Myanmar’s industrial sector, draws comparisons to its neighboring countries, and discusses the potential impacts of SEZ policy on the economy. A key finding...

by Amit K. Khandelwal | On 12 Apr 2018

Effects of Contract Governance on Public Private Partnership (PPP) Performance

This paper empirically examines the impact of differences in contract attributes on project outcomes. The hypothesis is to test whether better incentive structure and stricter administrative controls...

by Chandan Kumar | On 05 Apr 2018

ICT investment and economic growth in India: An industry perspective

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

by K L Krishna | On 04 Apr 2018

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

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

by Sarfraz Qureshi | On 30 Mar 2018

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

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

by Fazal Hussain | On 27 Mar 2018

It’s all in the Stars: The Chinese Zodiac and the Effects of Parental Investments on Offspring’s Cognitive and Noncognitive Skill Development

The importance of (early) parental investments in children’s cognitive and noncognitive outcomes is a question of deep policy significance. However, because parental investments are arguably endogeno...

by Chih Ming Tan | On 16 Mar 2018

The Contribution of Workers’ Remittances to Economic Growth in Pakistan

The paper says that the role of workers’ remittances in economic development of recipient countries is considered to be an important area of research.

by Zafar Iqbal | On 15 Mar 2018

Country Origin of Foreign Direct Investment in Indian Manufacturing and its Impact on Productivity of Domestic Firms

The paper analyzes productivity enhancing effects of foreign direct investment (FDI) among Indian manufacturing firms. The issue particularly examined is, how country of origin of FDI makes a differe...

by | On 14 Mar 2018

Investment Choice with Managerial Incentive Schemes

In this paper we show that firms might get an additional strategic benefit from using marginal-cost-reducing investments in conjunction with a managerial incentive scheme. While both these instrumen...

by | On 12 Mar 2018

Managing Financial Globalization: Insights from the Recent Literature

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

by Shang-Jin Wei | On 10 Mar 2018

The Multilateral Legal Instrument: A Developing Country Perspective

This paper makes an attempt to assess whether this instrument has succeeded in bringing about the desired changes. A unique database is constructed on the basis of these country positions. Using this...

by Suranjali Tandon | On 03 Mar 2018

Business Cycle Measurement in India

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

by Radhika Pandey | On 03 Mar 2018

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

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

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

by Tanmay Sarkar | On 26 Feb 2018

India and Bhutan: The Strategic Imperative

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

by | On 20 Feb 2018

Determinants of R&D Behavior of Foreign Firms in India

In the recent past researchers have observed paradigm shifts in the location and nature of R&D activities undertaken by multinationals in host countries. India is one of the host countries for the R...

by Savita Bhat | On 13 Feb 2018

Pakistan’s Inter Services Intelligence (ISI) in North East India

The report says that the ISI has been equally thorough and ruthless in repressing political opponents to the military regimes that have ruled over Pakistan for more than half of its fiftyseven years o...

by Harinder Sekhon | On 12 Feb 2018

The 2018 Budget Speech: Malaysia

Budget speech by Finance Minister of Malaysia.

by Minister of Finance Malaysia | On 09 Feb 2018

A Shift from Crime to Terrorism: Assessing D-Company

This paper offers an analysis of the causes behind the changing philosophy and practices of one of the well-known crime organizations from India to move closer towards terrorism to support its crimina...

by Ajey Lele | On 09 Feb 2018

State of State Finances 2018

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

by Mandira Kala | On 01 Feb 2018

Economic Survey 2017: Volume II, Chapter 10: Social Infrastructure, Employment and Human Development

The report says that investment in human capital is a prerequisite for a healthy and productive population for nation building.

by Arun Jaitley | On 31 Jan 2018

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

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

by Arun Jaitley | On 31 Jan 2018

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

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

by Arun Jaitley | On 31 Jan 2018

Economic Survey 2017: Volume II, Chapter 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

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

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

by Arun Jaitley | On 31 Jan 2018

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

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

by Arun Jaitley | On 29 Jan 2018

Investment Puzzle: Deeper Roots

The paper talks about the main estimation results show that they have affected negatively the business investment over the period 1980-2014.

by Kim Sujin | On 29 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

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

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

by | On 07 Jan 2018

Social Protection, Citizenship and the Employment Relationship

This paper addresses the issues of social protection, citizenship and the employment relationship, through the lens of South Africa.

by Francie Lund | On 02 Jan 2018

Technology Transfer & Intellectual Property Rights

This article summarises a case study conducted by the author based on a long period of research on the behaviour of firms in technology transfer and local capacity building in that country.

by Linsu Kim | On 27 Dec 2017

Effective Public Investments to Improve Food Security

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

by Livia Bizikova | On 18 Dec 2017

Global Investment Competitiveness Report 2017/2018 : Foreign Investor Perspectives and Policy Implications

This inaugural issue of the World Bank Group’s Global Investment Competitiveness Report presents novel analytical insights and empirical evidence on foreign direct investment’s (FDI) drivers and contr...

by World Bank [WB] | On 08 Dec 2017

India-Pakistan Trade: An Analysis of the Pharmaceutical Sector

The study says that the pharmaceutical sector is crucial to health issues in developing economies and would be an ideal segment to focus on in improving trade relations between the two countries.

by Manoj Pant | On 29 Nov 2017

Pakistan’s Highly Taxed Telecom Market: Fall out and Impact

The study aims to create awareness among both the public and private sectors about the importance of exploiting useful information resources.

by Brig (Retd) Yasin | On 21 Nov 2017

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

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

by Syed Ahmed | On 20 Nov 2017

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

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

Public–Private Cooperation for Secure and Inclusive Rural Economies

How do public–private collaborations enable secure and inclusive rural economies? Alongside private sector investment, government provision of infrastructure, research and extension services and suppo...

by Institute of Development Studies IDS | 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

New Issues Puzzle: Experience from Karachi Stock Exchange

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

by Henna Malik | On 30 Oct 2017

Opening the Black Box: Managing the Aid Policy Process in Pakistan

This research responds to this gap in the literature by exploring how donors and the Pakistan government interact in game and network settings to manage foreign aid in the complex aid policy network.

by Faheem Jehangir Khan | On 27 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

Does Financing Constraints Matter for Outward Foreign Direct Investment Decision ? Evidence from India

Even though the firm internationalization through exports or foreign direct investment (FDI) has increased in recent years, there is only limited evidence on the effect of financing constraints on fir...

by | 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

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

The Macroeconomic Benefits of Tax Enforcement in Pakistan

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

by Ethan Ilzetzki | On 04 Oct 2017

Bolder Disinvestment or Better Performance Contracts? Which Way Forward for India’s State-Owned Enterprises

This paper analyses the performance of India’s Public Sector Undertakings (PSUs) using measures of labour and overall efficiency and productivity indicators as opposed to financial returns. Using meth...

by Ajay Chhibber | On 03 Oct 2017

Optimal Inflation Rate for Nepal

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

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

East Asian Financial and Economic Development

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

by Randall Morck | On 25 Sep 2017

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

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

by Ashima Goyal | On 15 Sep 2017

Economic Globalization and Income Inequality: Cross-country Empirical Evidence

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

by Sovna Mohanty | On 07 Sep 2017

Evaluation of Fiscal Incentives in the Philippines

This paper (1) assesses how the Philippines fares in attracting investments compared with its neighboring countries, and (2) evaluates pending incentive reforms in the country.

by Danileen Kristel C Parel | On 04 Sep 2017

Incentivising Domestic Manufacturing for a Sustainable Solar Industry

The report says that the global financial meltdown contributed to slowing down of global solar deployment, and allowed Indian developers to squeeze their costs further, demanding preferential rates an...

by Mohd. Ali | On 29 Aug 2017

Development of Backward Areas- Outcome of the interventions so far

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

by S Jagadeesan | On 25 Aug 2017

Current Challenges for the Economy and Priorities of the New Government

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

by S Jagadeesan | On 25 Aug 2017

Manufacturing Centric Fiscal Policy

The report says that the manufacturing sector has significant fiscal policy implications.

by M. Singhi | On 24 Aug 2017

Developments in Iran’s Agriculture Sector and Prospects for U.S. Trade

With one of the Middle East’s largest economies, a growing population, and rising incomes, Iran contributes significantly to the region’s agricultural commodity consumption. Iran’s rising food demand...

by Mesbah Motamed | On 18 Aug 2017

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

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

by Arpita Mukherjee | On 08 Aug 2017

Report of the Working Group on 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

What is Causing Radicalism in the MENA?

The emergence of Al-Qaeda as a global terrorist organization carrying out devastating strikes across the USA, Europe, Middle East and Africa shed a spotlight on terrorism, and by extension on radicali...

by Fadi Farasin | On 03 Aug 2017

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

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

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

The NCAER State Investment Potential Index (N-SIPI 2017)

The NCAER State Investment Potential Index 2017 (N-SIPI 2017) is the second edition in the annual series of rankings of states on their growth and investment potential. It is a systematic and evidence...

by Research National Council of Applied Economic | On 31 Jul 2017

Handbook on Assessment of Labour Provisons in Trade and Investment Arrangements

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

by International Organisation | On 28 Jul 2017

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

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

by Dipendra Bhattarai | On 28 Jul 2017

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

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

by Lei Lei | On 27 Jul 2017

2014 Clean Energy Investments: Project Summaries

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

by Asian Development Bank Institute | On 26 Jul 2017

Comparison of Various Business Cycle Models for Pakistan

In this paper, we compare the performance of different models, on two data frequencies, in terms of matching the business cycle moments of Pakistani economy. Out of the four models, two are simple r...

by M. Ali Choudhary | 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

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

Business Models to Realize the Potential of Renewable Energy and Energy Efficiency in the Greater Mekong Subregion

The report provides outlines of business models relevant to pursuing the renewable energy and energy efficiency targets adopted by the five Greater Mekong Subregion countries: Cambodia, the Lao People...

by Asian Development Bank Institute | On 20 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

Renewable Energy Developments and Potential in the Greater Mekong Subregion

Renewable energy is a challenge, but also an opportunity for new industries, employment, and new ways to reduce dependency on fuel imports, provide electricity to poor remote areas, reduce air polluti...

by Asian Development Bank Institute | On 18 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

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

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

by Asian Development Bank Institute | On 11 Jul 2017

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

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

by Asian Development Bank Institute | On 11 Jul 2017

Economic Analysis of Climate-Proofing Investment Projects

This report describes the conduct of the cost-benefit analysis of climate proofing investment projects. An important message is that the presence of uncertainty about climate change does not invalidat...

by Asian Development Bank Institute | On 10 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

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

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

by M.W. Rosegrant | On 05 Jul 2017

Trust Funds and Fiscal Risks in the North Pacific: Analysis of Trust Fund Rules and Sustainability in the Marshall Islands and the Federated States of Micronesia

This report focuses on the relatively complex account structure and drawdown rules of the two funds, which are the same in the CTFs of the RMI and the FSM. Using an investment return simulation model,...

by Asian Development Bank Institute | On 30 Jun 2017

Innovative Strategies in Technical and Vocational Education and Training for Accelerated Human Resource Development in South Asia: Sri Lanka

This publication is part of a series of six country reports on technical and vocational education and training (TVET) and higher education in Bangladesh, Nepal, and Sri Lanka. Each report presents cur...

by Asian Development Bank Institute | On 29 Jun 2017

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

Economic Vision of Lord Mahaveera: Building Blocks of Relative Economics

The central themes of Jainism are ahimsa (non-violence), anekant (nonabsolutism) and aprigraha (non-possession). Non-violence strengthens the autonomy of life of every being and if one believes that e...

by MC Singhi | On 22 Jun 2017

Integrated Information and Communication Technology Strategies for Competitive Higher Education in Asia and the Pacific

The report narrates that early adoption of information and communication technology can allow developing countries in Asia and the Pacific to move from labor-intensive, natural resources-based to know...

by Jouko Sarvi | On 22 Jun 2017

Thailand: Industrialization and Economic Catch-Up

This report identifies some of Thailand’s critical development constraints and discusses policy measures and economic reforms needed to accelerate economic transformation toward a more modern and serv...

by Asian Development Bank Institute | On 20 Jun 2017

Southeast Asia and the Economics of Global Climate Stabilization - Report

The paper suggests that the impacts of climate change in Southeast Asia may be larger than previously estimated, possibly reaching 11% of gross domestic product by 2100.

by David Raitzer | On 19 Jun 2017

The Asian Bond Markets Initiative: Policy maker achievements and challenges

This paper also provides recommendations for addressing new sources of market volatility and other challenges within and outside the framework of the Asian Bond Markets Initiative.

by Asian Development Bank Institute | On 15 Jun 2017

Asian Development Outlook 2016: Highlights

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

by Asian Development Bank Institute | On 14 Jun 2017

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

ASEAN Corporate Governance Scorecard Country Reports and Assessments 2014

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

by Asian Development Bank Institute | On 05 Jun 2017

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

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

by Asian Development Bank Institute | On 02 Jun 2017

Myanmar Transport Sector Policy Note: Trunk Roads

This report reviews how the road sector in Myanmar can make the greatest contribution to the country’s national ambitions as possible. It seeks to identify bottlenecks and attempts to formulate possi...

by Asian Development Bank Institute | On 01 Jun 2017

Myanmar Transport Sector Policy Note: Road Safety

Myanmar is at a critical point in terms of road safety. In 2014, road-related deaths reached 4,300, which is twice as many as in 2009. Substantial and decisive action is needed, including early fundin...

by Asian Development Bank Institute | On 31 May 2017

Myanmar Transport Sector Policy Note: River Transport

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

by Asian Development Bank Institute | On 31 May 2017

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

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

by Asian Development Bank Institute | On 30 May 2017

Envisioning Tax Policy for Accelerated Development in India

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

by M. Govinda Rao | On 26 May 2017

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

Changing Tax Capacity and Tax Effort of Indian States in the Era of High Economic Growth, 2001-2014

Growing demand for public expenditures, limitations in expanding fiscal space and limited scope to deviate from common harmonized tax system under the proposed Goods and Services Tax (GST) regime may...

by Sacchidananda Mukherjee | On 25 May 2017

Tajikistan: Promoting Export Diversification and Growth

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

by Asian Development Bank Institute | On 24 May 2017

Bangladesh: Consolidating Export-led Growth - Country Diagnostic Study

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

by Asian Development Bank Institute | On 23 May 2017

Financing Asian Irrigation: Choices Before Us

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

by Asian Development Bank Institute | On 19 May 2017

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

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

by Asian Development Bank Institute | On 16 May 2017

Monitoring Universal Health Coverage in the Western Pacific: Framework, Indicators, and Dashboard

The report narrates that the SDGs are integrated and indivisible with a clear focus on equity, including equity focused monitoring and evaluation (M&E), to ensure not only that the targets are being m...

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

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

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

by Asian Development Bank Institute | On 11 May 2017

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

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

by Asian Development Bank Institute | On 11 May 2017

Asian Economic Integration Report 2016

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

by Asian Development Bank Institute | On 10 May 2017

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

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

by Asian Development Bank Institute | On 10 May 2017

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

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

by Asian Development Bank Institute | On 09 May 2017

Accelerating Financial Inclusion in South-East Asia with Digital Finance

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

by Asian Development Bank Institute | On 09 May 2017

Meeting Asia's Infrastructure Needs

This report updates by presenting infrastructure investment needs for all 45 DMCs from 2016 to 2030, the final year of the United Nations Sustainable Development Goals. Two sets of estimates are pre...

by Asian Development Bank Institute | On 05 May 2017

Energy Storage in Grids with High Penetration of Variable Generation

The focus of this report is on energy storage for the power grid in support of larger penetration of renewable energy. The emphasis is on energy storage and associated power electronics that are dep...

by Pramod Jain | On 05 May 2017

Asia Bond Monitor - March 2017

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

by Asian Development Bank Institute | On 05 May 2017

The Puzzle of Indian Urbanisation

This paper uses simultaneous equations error component three-stage least squares (EC3SLS) panel data technique to find out both the direct as well as the indirect impact of trade, industrial dissimi...

by Pronab Sen | On 17 Apr 2017

Budget 2017-18: Business as Usual

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

by M Govinda Rao | On 10 Mar 2017

The Economics of Replication

Replication studies are considered a hallmark of good scientific practice. Yet they are treated among researchers as an ideal to be professed but not practiced. To provide incentives and favorable bou...

by | On 01 Mar 2017

Family, Community, and Educational Outcomes in South Asia

In this article, we review research on the economics and sociology of education to assess the relationships between family and community variables and children’s educational outcomes in South Asia. At...

by | On 14 Feb 2017

Budget Speech 2017-18

Budget speech by Finance Minister of India, Mr.Arun Jaitley.

by Arun Jaitley | On 01 Feb 2017

Federalism, Fiscal Space and Public Investment Spending: Do Fiscal Rules Impose Hard Budget Constriants?

The core emphasis of rules-based fiscal legislation at the subnational level in India is to achieve debt sustainability through a numerical ceiling on borrowing and the use of borrowed resources for...

by Pinaki Chakraborty | On 23 Jan 2017

Women’s Role in Economic Development: Overcoming the Constraints

This short paper aims to highlight the important role women have and can play in economic development. It addresses three questions: what is the evidence base to support investing in women? What are t...

by | On 04 Jan 2017

Role of Foreign Direct Investment in India: An Analytical Study

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

by | On 04 Jan 2017

The Role of Learning in Technology Adoption: Evidence on Hybrid Rice Adoption in Bihar, India

Much empirical research has shown that individuals’ decisions to adopt a new technology are the result of learning–both through personal experimentation through observing the experimentation of others...

by Jared Gars | On 03 Jan 2017

Demonetization, the Cash Shortage and the Black Money

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

by Ashok K. Lahiri | On 02 Jan 2017

Economic Impacts of Inadequate Sanitation in India

The Water and Sanitation Program (WSP) has launched a multicountry Economics of Sanitation Initiative (ESI) to study the economic impacts of poor sanitation and the costs and benefits of improved sani...

by | On 27 Dec 2016

India’s Sanitation for All: How to Make It Happen

This discussion paper examines the current state of sanitation services in India in relation to two goals—Goal 7 of the Millennium Development Goals (MDGs), which calls on countries to halve, by 2015,...

by Asian Bank | On 27 Dec 2016

Migration, Scientific Diasporas and Development: Impact of Skilled Return Migration on Development in India

The contemporary discourse on migration and development is starting to consider the agency role of both diaspora communities and highly skilled returnees on equal terms, and we can observe how several...

by | On 19 Dec 2016

From Proof of Concept to Scalable Policies: Challenges and Solutions, with an Application

The promise of randomized controlled trials (RCTs) is that evidence gathered through the evaluation of a specific program helps us—possibly after several rounds of fine-tuning and multiple replicatio...

by Abhijit Banerjee | On 14 Dec 2016

Tribute

Sulabha Bramhe was a remarkable scholar-activist. Daughter of an eminent economist and trained in top notch universities, she could have launched into a focused career in economics in any global inst...

by | On 14 Dec 2016

India and the Global Economy

Drawing attention to a high dropout rate in upper primary schools, Singapore Deputy Prime Minister Tharman Shanmugaratnam today said schools are facing the “biggest crisis” in India. Delivering the f...

by Tharman Shanmugaratnam | On 08 Dec 2016

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

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

by Madhu Sivaraman | On 05 Dec 2016

Labour Market trends analysis and labour migration from South Asia to Gulf Cooperation Council countries, India and Malaysia

Temporary labour migration is often touted as a triple-win: a win for destination countries that can support a level of economic activity that would be impossible without foreign labour; a win for cou...

by | On 24 Nov 2016

Nurse Migration: The Asian Perspective

This paper aims to capture the current situation of nurse migration from an Asian perspective. Asian countries are sources of nurses as well as hosts for foreign nurses. They also provide opportunit...

by | On 24 Nov 2016

Cross-country Econometric Study on the Impact of Fiscal Incentives on FDI

The increasing level of competition for foreign direct investment (FDI) in the ‘90s triggered many countries to offer various fiscal incentives. Specifically, many Asian countries persistently keep...

by Ma. Laarni D. Revilla | On 11 Nov 2016

Laws and Institutions Relating to Environmental Protection in India

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

by U. Sankar | On 28 Oct 2016

The 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

Ease of Doing Business

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

by | On 28 Oct 2016

Investment Pattern of Youth in India with Particular Reference to Mumbai

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

by | On 25 Oct 2016

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

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

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

Outward FDI, Exports and Technological Efforts: A Study of Indian Manufacturing Firms

In this study the hypotheses that the choice between OFDI and export decision of the firms depends on the firm level productivity is tested. Here, the productivity levels of OFDI firms vis a vis exp...

by Ronny Thomas | On 03 Oct 2016

Spillovers from FDI and Decision to Export by the Domestic Firms: The case of select Indian industries

Objectives of this paper are to empirically examine the roles of three channels of FDI liked spillovers in enabling domestic firms (DFs) to take decision to export (DTE). The findings suggest that c...

by Pradeep Kumar Keshari | On 03 Oct 2016

Comparing Apples to Apples: A New Indicator of Research and Development Investment Intensity in Agriculture

It is conventional wisdom in the economic development literature that there is a significant underinvestment in agricultural R&D in developing countries. Evidence supporting this belief is provided,...

by Alejandro Nin Pratt | On 30 Sep 2016

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

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

by Sunder Ramaswamy | On 29 Sep 2016

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

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

by Nadia Doytch | On 29 Sep 2016

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

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

by Satish Y Deodhar | On 23 Sep 2016

Agricultural Prices and Food Policy

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

by C S C Sekhar | On 20 Sep 2016

Multi-Sectoral Approaches to Nutrition: The Case for Investment by Agriculture

Globally, 165 million children under the age of 5 suffer from chronic malnutrition, or stunting, and more than half (85 million) of these children live in Asia. Increasing access to nutritious diets b...

by United Nations Children's Fund UNICEF | On 12 Sep 2016

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

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

by N S Siddharthan | On 11 Sep 2016

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

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

by Navyashree G. R. | On 08 Sep 2016

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

The End of Cheap Labour: Are Foreign Investors Leaving China?

China’s government is promoting the shift towards a consumption-based economy since a few years. The explicit goal to significantly raise the percentage of wages in the national household income is in...

by | On 31 Aug 2016

Abductive Reasoning in Macroeconomics

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

by Ashima Goyal | On 31 Aug 2016

Does Development Aid Undermine Political Accountability? Leader and Constituent Responses to a Large-Scale Intervention

Comprehensive program evaluation requires capturing indirect effects of an intervention, such as changes in leaders’ efforts and constituents’ attitudes towards leaders. We study political economy r...

by | On 30 Aug 2016

Large-Scale Migration and Remittance in Nepal: Issues, Challenges, and Opportunities

Almost half of all households have at least one migrant abroad or a returnee. Estimates of the number of Nepali migrants abroad vary widely, but the most frequently cited estimate, including seasonal...

by World Bank [WB] | On 25 Aug 2016

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

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

by | On 24 Aug 2016

Optimal Domestic (And External) Sovereign Default

Infrequent but turbulent episodes of outright sovereign default on domestic creditors are considered a “forgotten history” in Macroeconomics. This paper proposes a heterogeneous-agents model in which...

by Pablo D'Erasmo | On 17 Aug 2016

The Clinical and Public Health Challenges of Diabetes Prevention: A Search for Sustainable Solutions

The economic cost of dealing with the consequences of diabetes is not only a threat to health systems but is a far broader economic and social problem and thus a threat to future long-term sustainable...

by Nicholas J Wareham | On 16 Aug 2016

Migration Patterns and Challenges for Indians Seeking Work Abroad: A Special Focus on South India

This research concentrates mainly on out-migration in an analysis of primary and secondary sources available with government agencies such as the Emigration Division, the Ministry of Labour (Union Gov...

by | On 12 Aug 2016

Myanmar Transport Sector Policy Note: Urban Transport

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

by Asian Development Bank Institute | On 12 Aug 2016

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

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

by Cecilia Olivet | On 10 Aug 2016

Make in India – Scheme For Transforming India

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

by | On 10 Aug 2016

China and Socialist Countries: Role Change and Role Continuity

This paper analyses changes in China’s relations with socialist countries. It uses Chinese academic publications to add an inside-out perspective to the interpretation of Chinese foreign policy and ou...

by | On 05 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

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

Network Externalities And Process R&D: A Cournot-Bertrand Comparison

This paper examines the implication of the nature of competition in a market with network externalities on strategic investment in process R&D by firms. It shows that network externalities have a posi...

by Mili Naskar | On 25 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

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

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

by Zhao Chen | On 19 Jul 2016

The Empirical Economics of Online Attention

This paper models and characterizes how households allocate their scarce attention in arguably the largest market for attention: the Internet. It identifies vast and expected changes in those househol...

by Andre Boik | On 19 Jul 2016

Economic Reform and Social Sector Expenditures: A Study of Fifteen Indian States

This paper examines social sector expenditures in fifteen Indian states between 1980/81 and 1999/2000 to find out whether the far-reaching economic reforms that began in 1991 had any significant impac...

by | On 19 Jul 2016

Trajectories of China’s Integration with the World Economy through SEZs: A Study on Shenzhen SEZ

By exploring the role of SEZs in China’s integration with the world economy, we also investigate the underlining challenges faced by the economy. The analysis brings forth the indisputable fact that S...

by | On 14 Jul 2016

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

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

by Mark Grimsditch | On 01 Jul 2016

Parental Unemployment and Child Health in China

This paper studies the causal effect of maternal and paternal unemployment on child health in China, analyzing panel data for the period 1997-2004, when the country underwent economic reforms leading...

by Janneke Pieters | On 30 Jun 2016

Cyclicality of Social Sector Expenditures: Evidence from Indian States

This paper attempts to study the cyclical behaviour of social sector spending including that on education and health for the 17 non-special category states covering the period 2000-01 to 2012-13. It f...

by | On 30 Jun 2016

Beautiful Minds: The Nobel Memorial Prize in Economics

This is that time of the year when the economics fraternity is abuzz with the news of potential winners of the prestigious prize in economics, the Nobel Memorial Prize. This will be the 45th year of a...

by Saibal Ghosh | On 30 Jun 2016

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

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

by Chitra Singla | On 30 Jun 2016

Resolving Stress in the Banking System

The slowdown in credit growth has been largely because of stress in the public sector banking and not because of high interest rates. As such, what is required is a clean-up of the balance sheets of p...

by Raghuram G. Rajan | On 29 Jun 2016

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

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

by Sumon Kumar Bhaumik | On 27 Jun 2016

Peace, Terrorism, or Civil Conflict? Understanding the Decision of an Opposition Group

This paper models an opposition group’s choice between peace, terrorism, and open conflict. Terrorism emerges if executive constraints are intermediate and rents are sizeable. Open conflict is predict...

by Michael Jetter | On 27 Jun 2016

Choosing a Partner for Social Exchange: Charitable Giving as a Signal of Trustworthiness

People benefit from being perceived as trustworthy. Examples include sellers trying to attract buyers, or candidates in elections trying to attract voters. In a laboratory experiment using exchange ga...

by Sebastian Fehrler | On 24 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

The Fight against Inflation: A Measure of our Institutional Development

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

by Raghuram G. Rajan | On 21 Jun 2016

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

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

by Sacha Wunsch-Vincent | On 08 Jun 2016

Impact of Social Risks on Indian Businesses

This report has tried identifying the various social risks associated with and caused by businesses and other players, that may have negative social impacts on the stakeholders associated with the fu...

by Oxfam India | On 27 May 2016

Service Innovation in Philippine Industries

This paper examines the evidence on service innovation using the 2012 Census of Philippine Business and Industry and the 2009 Pilot Survey of Innovation Activities. It reveals the wide variation in R&...

by | On 25 May 2016

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

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

by Jong-Wha Lee | On 19 May 2016

Economics and Biodiversity

The challenges faced by biodiversity and the relation between biodiversity and economics are shown.

by Prakash Nelliyat | On 17 May 2016

Philippines’ Next President: Implications for ASEAN

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

by Mely Caballero-Anthony | On 16 May 2016

Incentives and Outcomes: China's Environmetal Policy

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

by | On 04 May 2016

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

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

Inequality, Neighbourhoods and Variation in Prices

In this study we examine the link between of income distribution and wholesale price of wheat using panel data. We have weekly time series data on prices for wheat for 3 districts in Uttar-Pradesh in...

by | On 02 May 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

FDI, Technology Transfer and Spillover: A Case Study of India

As developing countries increasingly open their economies to foreign direct investment (FDI) one of their principal objective has been to achieve technology transfer from foreign firms to host country...

by | On 22 Mar 2016

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

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

by Alokesh Barua | On 21 Mar 2016

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

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

by Asian Development Bank Institute | On 18 Mar 2016

Cybersecurity, Internet Governance and India’s Foreign Policy: Historical Antecedents

India’s stances in global Internet governance debates have often been noted, and criticised, for their strong preference for multilateral models of engagement, as different from the multistakeholder a...

by Saikat Datta | On 17 Mar 2016

Reforming the Financing System for the Road Sector in the People's Republic of China

This report recommends the creation of a National Roads and Funding Administration and a central road trust fund with dedicated revenues; changes to roles and responsibilities of different levels of g...

by Asian Development Bank Institute | On 17 Mar 2016

What Attracts FDI in Indian Manufacturing Industries?

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

by Rashmi Rastogi | On 16 Mar 2016

Do Foreign Banks in India Indulge in Cream Skimming?

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

by Mandira Sarma | On 16 Mar 2016

Structural Transformation in the North-Eastern Region of India: Charting out an agriculture-based development policy

In this paper we attempt to explore the process of structural transformation in the North Eastern States of India, positing it in the paradigm of agriculture led development. The paper tries to examin...

by Alwin D’souza | On 16 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

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

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

Economic Analysis of Climate - Proofing Investment Projects

Recent years have witnessed a large number of studies and reports aimed generally at providing estimates of the economic costs of climate change and of the economic costs of adaptation to climate chan...

by Asian Development Bank Institute | On 15 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

North Korea: Nukes, Nationalism & Negotiations

As South Korea this month takes up the rotating presidency of the United Nations Security Council, concerns over North Korea’s nuclear program grow. Pyongyang’s recent rocket tests, its anticipated th...

by Sangsoo Lee | On 12 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

Carving up the Skies: China's New Air Defense Zone

China’s establishment of a new Air Defense Identification Zone has heightened tensions in Northeast Asia, with Japan, South Korea, and the United States having been swift to react to Beijing’s announc...

by Sangsoo Lee | On 12 Mar 2016

Rebalancing Act: China’s Fiscal Reform Challenge

This policy brief examines China’s inter-connected economic challenges of structural and fiscal reform, arguing that promotion of domestic consumption away from fixed-asset investment could further ex...

by | On 12 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

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

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

by Shahid Javed Burki | On 11 Mar 2016

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

Critical Review of Literature on Computable General Equilibrium Models

This model focuses on sectoral allocation of capital and labour and distribution of sectoral output. Second, Harberger-Scarf-Shoven-Whalley models, which have their roots in welfare economics. Third,...

by Zafar Iqbal | On 10 Mar 2016

The Social Order of Markets

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

by Jens Beckert | On 09 Mar 2016

Climate Change Economics: A Review on Theoretical Understanding and Controversies

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

by Unmesh Patnaik | On 09 Mar 2016

German Varieties of Capitalism and Varieties of Macroeconomic Policy: Are Some Economies More Procyclical Than Others?

The role of macroeconomic policy in the different varieties of capitalism has been largely ignored. Recent contributions to the literature have argued that nonliberal economies should be expected to h...

by | On 09 Mar 2016

Imagined Futures:Fictionality in Economic Action

Starting from the assumption that decision situations in economic contexts are characterized by fundamental uncertainty, the paper argues that the decision-making of intentionally rational actors is a...

by Jens Beckert | 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

Capitalist Dynamics Fictional Expectations and the Openness of the Future

Capitalism is an economic and social order oriented toward the future. In this paper, I describe the unfolding of the temporal order of capitalism and relate it to the restless dynamism of capitalism...

by | On 08 Mar 2016

The Asian Infrastructure Investment Bank: What Can It Learn From, and Perhaps Teach To, the Multilateral Development Banks?

A striking phenomenon of recent global economic change is the emergence of new development actors, with alternative development experiences and development financing capacity. These actors are now cre...

by Stephany Griffith-Jones | On 08 Mar 2016

India Budget 2016: Old Economics, New Politics

India’s latest Budget focuses on the rural sector and the economically vulnerable sections and makes large allocations for agriculture and social sector programmes without compromising on fiscal disci...

by Amitendu Palit | On 04 Mar 2016

Impact of China Slowdown on India

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

by Geetima Das Krishna | On 02 Mar 2016

Political Economy of Natural Resource Revenue Sharing in Indonesia

In this paper, we examine the asymmetric approaches to sharing natural resource revenues in Indonesia. We examine in Section 2, some of the potential theoretical arguments underlying...

by Cut Agustina | 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

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

Agricultural investments in Southeast Asia: Legal tools forpublic accountability

In Southeast Asia, the rise in agricultural investments takes place against the backdrop of a fast-evolving regional context. In this ‘Asian Century’, trade and investment flows are flourishing across...

by Shalmali Guttal | On 29 Feb 2016

Information for Climate Change Adaptation: Lessons and Needs in South Asia

This paper serves as background for a South Asian regional workshop that will bring together adaptation information users and producers to inform likely new investments in the information base for cli...

by Ayesha Dinshaw | On 29 Feb 2016

Planning for Asian food security towards 2025

Higher investment in the agricultural and food sectors, food price stability and regulatory barriers are among the key issues for Asia, according to experts at a recent meeting to discuss the region...

by S. Rajaratnam International Studies | On 27 Feb 2016

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

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

by Rohit Gupta | On 27 Feb 2016

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

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

by | On 26 Feb 2016

Diasporas Transforming Homelands: Nuancing ‘Collective Remittance’ Practices in a Western Indian Village

Diasporic communities that advance their ancestral homelands through forging links with it can be best examined in the context of the history of migration of these communities and the culture of devel...

by Sudeep Basu | 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

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

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

by Feng Yin | On 26 Feb 2016

Political Economy of Multilevel Information Generation and Liability Management

The issue of managing sub-national liabilities is not only an issue in the EU, but is also being a major concern in South Asia, China and Brazil as much of the public investment needed for sustainable...

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

India’s GDP Growth: Confusion Amidst Cheers

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

by Amitendu Palit | On 26 Feb 2016

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

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

by Provita Kundu | On 26 Feb 2016

Economic Survey 2015-16-Volume I

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

by Arun Jaitley | On 26 Feb 2016

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

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

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

by Erlinda M. Medalla | On 25 Feb 2016

Challenges in Health Services Trade: Philippine Case

There is a growing emphasis on the role of trade in health services (telehealth, health tourism and retirement, investments and deployment of medical professionals) in easing fiscal constraints, gener...

by Maria Cherry Rodolfo | On 25 Feb 2016

Trade Liberalization under New Realities

The last decade has witnessed significant influx of direct foreign investment in developing countries. The increased flow of foreign investment has contributed to the ability of developing countries t...

by Syed Ali | On 25 Feb 2016

The US and Myanmar: Moving into a New Phase

At the recent United Nations general debate, US President Barack Obama outlined his vision for US foreign policy, making a clear break with the previous administration. The shift has significant impli...

by | On 24 Feb 2016

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

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

by Roehlano M. Briones | On 24 Feb 2016

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

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

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

Dissecting the China Puzzle: Asymmetric Liberalization and Cost Distortion

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

by Huang Yiping | On 22 Feb 2016

Redefining Food Security in the Face of Foreign Land Investors: The Philippine Case

The Philippines is a country targeted by foreign investors seeking agricultural land. It is promoting itself to them in the hope of securing their business. These investors frequently use food securit...

by Ben Shepherd | On 22 Feb 2016

A Dynamic Stochastic General Equilibrium Model for India

Over the last decade, the Dynamic Stochastic General Equilibrium (DSGE) framework has become a workhorse for macroeconomic analysis in both academic and policy circles. Following this emerging trend,...

by Parantap Basu | On 21 Feb 2016

Making and Faking

It is true that India is having improvements in the economic fronts. But what are the real numbers? Why does the government say exaggerated numbers?

by T.N. Ninan | On 20 Feb 2016

Savings and Investment Estimates in Bangladesh: Some Issues and Perspectives in the Context of an Open Economy

This paper examines the conceptual issues surrounding the estimation of savings and investment in Bangladesh and explains why there exist perceptible differences between the estimates of savings and i...

by Mustafa K. Mujeri | On 20 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

Transforming Cities with Transit

In rapidly urbanizing and motorizing cities of the world, massive investments are being made in high-capacity transit systems to fend off worsening traffic congestion. Most investments have been guide...

by | On 19 Feb 2016

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

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

by Rupa Chanda | On 19 Feb 2016

China’s Outbound Investment: The US Experience

U.S. policy expressly welcomes Chinese investment, and since 2000 Chinese companies have invested nearly $50 billion in the United States. Notwithstanding those facts, the U.S. regulatory environment...

by Mark Feldman | On 19 Feb 2016

China’s Sovereign Investment Funds In International Perspective: The Exceptionalism Of Cic And Safe

China is the only country in the world with two sovereign investment vehicles dedicated to managing excess foreign reserves for return, not just safety and liquidity. As the investment profile and beh...

by Angela Cummine | On 19 Feb 2016

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

China’s Rising Outbound Investment: Trends And Issues

This paper aims to facilitate China’s globalisation process and to enable destination countries to benefit from Chinese ODI potential by having a clear understanding of the institutional background ag...

by Mei Wang | On 19 Feb 2016

Poverty-reducing or Poverty-inducing? A CGE-based Analysis of Foreign Capital Inflows in Pakistan

Foreign capital inflows (FKI) help an economy by financing the imbalance between income and expenditure. However, their impact on poverty in the recipient economy is a controversial issue. In this stu...

by Rizwana Siddiqui | On 18 Feb 2016

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

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

by Abdul Qayyum | On 17 Feb 2016

Demographic Dividend or Demographic Threat in Pakistan

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

by Durr-e- Nayab | On 17 Feb 2016

The Harris-Todaro Hypothesis

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

by M. Ali Khan | On 17 Feb 2016

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

Implications for Investment in ASEAN Agriculture

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

by | On 16 Feb 2016

Exchange Market Pressure and Monetary Policy: Evidence from Pakistan

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

by M. Idrees Khawaja | On 16 Feb 2016

Financial Globalization in Emerging Countries: Diversification vs. Offshoring

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

by Francisco Ceballos | On 16 Feb 2016

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

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

by Naoyuki Yoshino | On 16 Feb 2016

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

Well-being and Public Attitudes in Afghanistan: Some Insights from the Economics of Happiness

Afghanistan is a context where individuals have to cope with the most adverse of circumstances. In this paper, we use the tools provided by a new approach in economics, which relies on surveys of happ...

by Soumya Chattopadhyay | On 16 Feb 2016

The Taylor Rule and the Macroeconomic Performance in Pakistan

A widely agreed proposition in modern economics is that policy rules have greater advantage over discretion in improving economic performance. Simple monetary policy instrument rules are feasible opti...

by Wasim Shahid Malik | On 15 Feb 2016

What Determines Private Investment? The Case of Pakistan

This study is an attempt to analyse the determinants of private investment in Pakistan over the period 1972-2005. The ARDL co-integration approach is employed to check the existence of a long-run rela...

by Farooq Pasha | On 15 Feb 2016

On the Communication Policy of the Bangladesh Bank

The current thinking on the subject of the central bank communication policy centres squarely on the transparency with which the bank conveys its beliefs on the evolving pattern of macroeconomic funda...

by Bangladesh Bank BB | On 15 Feb 2016

Monetary Transmission through Bank Portfolio in Bangladesh

This paper examines whether monetary policy transmits through bank assets or liabilities or both. This is an important policy issue since in order to know the effectiveness of monetary policy it is ne...

by Sayera Younus | On 15 Feb 2016

Interest Rate Spread in Bangladesh: An Analytical Review

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

by Shamim Ahmed | On 15 Feb 2016

Recent Experiences in the Foreign Exchange and Money Markets

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

by Md. Habibur Rahman | On 15 Feb 2016

Foreign Direct Investment: Impact on Sectoral Growth in Bangladesh

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

by Iftekhar Ahmed Robin | On 15 Feb 2016

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

War and Drugs in Afghanistan

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

by Vanda Felbab-Brown | On 14 Feb 2016

Maximizing Chances for Success in Afghanistan and Pakistan

The following is a Campaign 2012 policy brief by Bruce Riedel and Michael O’Hanlon proposing ideas for the next president on America’s foreign policy toward Afghanistan and Pakistan. Vanda Felbab-Brow...

by Bruce Riedel | 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

Foreign Direct Investment in Health Services

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

by Zbigniew Zimny | On 13 Feb 2016

Monitoring Climate Adaptation Financing to Ensure Effectiveness

Financing efforts by countries to adapt to climate change will require enormous amounts of resources and investments, both from the public and private sectors. How climate financing is generated, gove...

by Transparency International TI | On 12 Feb 2016

Climate Adaptation: Seizing the Challenge

The World Economic Forum’s Global Agenda Council on Climate Change’s report, Climate Adaptation: Seizing the Challenge, captures some of the latest thinking in the field of climate adaptation and fina...

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

Demystifying the Arctic

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

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

There's No Such Thing as a Free Lunch!

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

by Tulsi Jayakumar | On 11 Feb 2016

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

Future of Healthy How to Realize Returns on Health

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

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

Exceptions to Patent Rights in Developing Countries

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

by | On 10 Feb 2016

Multilateralism and China–UN Relations

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

by | On 09 Feb 2016

Bangladesh: Bangladesh: The Adolescence of an Ancient Land Ancient Land

On January 11, 2007, a state of emergency was declared in Bangladesh. A new caretaker government which condoned greater military involvement in the governing of Bangladesh was installed. This is the t...

by | On 09 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

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

Remittances and Expenditure Patterns of the Left Behinds in Rural China

This paper investigates how private transfers from internal migration in China affect the expenditure behaviour of families left behind in rural areas. Using data from the Rural-Urban Migration in Chi...

by Sylvie Démurger | On 07 Feb 2016

Price Setting Behaviour of Pakistani Firms: Evidence from Four Industrial Cities of Punjab

Since the introduction of rational expectations in the literature, most of the research focus in the area of macroeconomics has been investigating micro foundations of macroeconomic theory and transmi...

by Wasim Shahid Malik | 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

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

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

by Muhammad Javid | On 06 Feb 2016

The Determinants of Food Prices: A Case Study of Pakistan

Controlling prices is one of the major tasks for the macroeconomic policy-makers. The recent oil price hike that shifted the policy towards biofuels and some natural calamities increased food prices a...

by Henna Ahsan | On 06 Feb 2016

Remittances and Poverty Linkages in Pakistan: Evidence and Some Suggestions for Further Analysis

This exercise is envisaged to provide a brief account of the research studies on inter-relationship between remittance inflows from abroad and the poverty levels obtained in the country. This is discu...

by Mohammad Irfan | On 06 Feb 2016

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

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

by Transparency International TI | On 05 Feb 2016

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

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

by Transparency International TI | On 05 Feb 2016

WTO in Times of Major Changes

The relationship between these groups needs to be defined in order for the organization to move forward. The need for this is evident from the standoff in the Doha Round negotiations, where China, Bra...

by | On 05 Feb 2016

Can Justice Be Achieved Through Settlements?

Settlements can provide an important channel to hold companies to account for wrongdoings and resolve foreign bribery and other cases without resorting to a full trial (civil or criminal), or conteste...

by Transparency International | On 05 Feb 2016

Exporting Corruption, Progress Report 2015: Assessing Enforcement of the OECD Convention on Combatting Foreign Bribery

Transparency International’s 2015 Progress Report is an independent assessment of the enforcement of the Organisation for Economic Co-operation and Development’s (OECD’s) Anti-Bribery Convention. The...

by Transparency International | On 05 Feb 2016

Preliminary Study: Explaining the Ten-fold Increase in Remittances to Pakistan 2001-2012

This study is part of a broader study being undertaken by PIDE on remittances and their impact on the Pakistan economy including explaining its over ten-fold increase between 2001–2012 from around US$...

by Rashid Amjad | 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

Institutional Quality, Conflict and Aid Dependency

This study attempts to explore the impact of foreign aid on the quality of governance and how conflicts, whether internal or external affect the overall situation. Conflicts affect governance directly...

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

Governance and the Effectiveness of Foreign Capital

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

by Unbreen Qayyum | On 03 Feb 2016

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

Islam Versus Economics

The paper shows that fundamental Islamic principles regarding organisation of economic affairs are directly and strongly in conflict with teachings of conventional economic theories.

by Asad Zaman | 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

Infrastructure Investment, Private Finance, and Institutional Investors: Asia from a Global Perspective

This study evaluates infrastructure investment and finance in Asia from a global perspective. It provides an overview on infrastructure needs and the various sources of private finance, globally and w...

by Georg Inderst | 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

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

Disciplining Investment Incentives: A Lost Cause?

Investment incentives rank among the most important policy instruments governments employ to influence the locational decisions of multinational firms. In the wake of the recent increase in locational...

by International Centre for Sustainable Trade and Development | On 02 Feb 2016

Foreign Labor and Questions of Identity in the Arabian Gulf

Numerous studies have concluded that the large presence of foreign labor in the Gulf could eventually lead to a loss of national identity. Large concentrations of foreigners, composed of numerous ethn...

by | On 01 Feb 2016

Financing Mitigation and Adaptation by Developing Countries

There is a broad consensus that without the active participation of developing countries, global temperatures cannot be stabilized at a safe level. It is also agreed that even if temperatures are cont...

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

Challenges of Financing Human and Sustainable Development

Accelerating progress to achieve the Millennium Development Goals (MDGs) will serve to advance human development and also to lay a solid foundation for the pursuance of sustainable development goals a...

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

Achieving Sustainable Development: The Energy Investment Challenge

There is an emerging consensus holding that sustainable development requires a radical transformation of the world’s energy system. This brief suggests that countries will need to manage large and com...

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

Savings Behaviour In South Asia

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

by Ranjan Kumar Dash | On 30 Jan 2016

Founding of IWMI In Sri Lanka

The parliamentary general elections in 1977 was a watershed in the political landscape of Sri Lanka. The government that came into power mid-year sought a more liberalized and open economy, and hence...

by Nanda Abeywickrama | On 30 Jan 2016

Trade Policy and Food Security: Farm Policies of Developed Countries: What Kind of Trade Policy Framework is needed to Support Food Security Goals?

Farm Policies in developed countries have been widely blamed for creating problems for food security in developing countries. These problems have included high barriers to developing country exports,...

by | On 30 Jan 2016

Determinants of Cesarean Deliveries in Pakistan

Role of cesarean section (C Section) is acknowledged worldwide to safe maternal and neonatal life, and especially in countries like Pakistan where maternal health care is not satisfactory. But there i...

by Saman Nazir | On 30 Jan 2016

Impact of Debt on Aggregate Investment and Productivity in Developing Asian Countries

This study attempts to investigate the empirical relationship between debt and productivity and debt and investment for the Developing Asian Countries over the period of 1984-2007. The study uses two...

by Hasan Shahzad | On 30 Jan 2016

Expansion and Evaluation of Social Science Disciplines in Public Sector Universities of Pakistan from 1947 to 2013

The purpose of this research study was to examine the expansion and to evaluate the social sciences in Pakistan. The sample consisted of 60 departments of social sciences from five disciplines (Econom...

by Muhammad Arslan Haider | On 30 Jan 2016

Strengthening Community Engagement of Higher Education Institutions

It was expected that education would address these problems to a large extent. However, inspite of enhanced investment on expenditure, leading to increased enrolment, these issues remain largely unatt...

by (Field Action Project on Homelessness and Destitut Koshish | On 30 Jan 2016

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

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

by Surendra Varma | On 29 Jan 2016

Russian Intervention in Syria: Geostrategy is Paramount

Russia’s military intervention in Syria is the only direct military intervention there by a state from outside the region. Iran was there first, but its intervention took different forms. No state, be...

by | On 29 Jan 2016

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

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

by | On 29 Jan 2016

Investment and Trade Regimes Conjoined: Economic Facts and Regulatory Frameworks

Recent research suggests that trade and investment are closely linked as two-way economic complements. Trade liberalization facilitates investment, but even complete trade openness will not overcome a...

by | On 29 Jan 2016

Trade Secrets, Innovation and the WTO

The intersection of trade secrets, innovation, and the World Trade Organization (WTO) forms a topic that is increasingly debated as part of the public discourse on intangible capital and intellectual...

by | On 28 Jan 2016

Establishing an International Advisory Centre on Investment Disputes?

In the light of growing globalization and the significant increase in the number of investor-state disputes that has taken place over recent years, this paper proposes that it is time to establish an...

by | On 28 Jan 2016

Trade and Investment Frameworks in Extractive Industries: Challenges and Options

At the domestic level, if managed properly, the revenues from extractive industries can have a substantial impact on income and prosperity while respecting community needs and the environment. To achi...

by | On 28 Jan 2016

The Evolving International Investment Law and Policy Regime: Ways Forward

International investment needs are tremendous. This requires that the international investment regime constitutes a framework for increased flows of sustainable foreign direct investment for sustainab...

by | On 28 Jan 2016

Inequality and Growth Reconsidered: Lessons from East Asia

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

by | On 28 Jan 2016

Economic Returns to Education: What We Know, What We Don’t Know, and Where We Are Going – Some Brief Pointers

The estimation of the economic return to education has perhaps been one of the predominant areas of analysis in applied economics for over 50 years. In this short note we consider some of the recent d...

by Colm Harmon | On 28 Jan 2016

TRIPS and Pharmaceutical Industry: Issues of Strategic Importance

Trade Related Intellectual Property Rights (TRIPS) brings in uniformity in the standards of intellectual property rights among the member countries of the WTO irrespective of their developmental statu...

by N. Lalitha | On 28 Jan 2016

Healthcare Challenges in Urbanizing India

Rapid urbanisation in India, driven by a globalised economy and its accelerated growth, will increasingly demand attention of policy makers. The objective of this policy note is to throw light on heal...

by Rajeev Ahuja | On 28 Jan 2016

Outward Foreign Direct Investment from India: Recent Trends and Patterns

This paper provides an overview of the changing patterns of O-FDI from India over 1975-2001. It shows that the increasing number of Indian TNCs during 1990s has been accompanied by a number of changes...

by Jaya Prakash Pradhan | On 28 Jan 2016

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

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

by | On 27 Jan 2016

Enabling the Energy Transition and Scale-up of Clean Energy Technologies: Options for the Global Trade System

With the challenges of access to energy, energy security, and the imperative of climate change becoming more pronounced in recent years, interest in clean energy has surged. Mitigation efforts to limi...

by | On 27 Jan 2016

Multinationals and Foreign Investment Policies in a Digital World

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

by | On 27 Jan 2016

Global Production With Export Platforms

Most international commerce is carried out by multinational firms, which use their foreign affiliates for the majority of their foreign sales. In this paper, I examine the determinants of multinationa...

by Penn Stat | On 27 Jan 2016

Achieving Bangladesh's Tourism Potential: Linkages to Export Diversification, Employment Generation and the "Green Economy"

The objective of this working paper is to critically test the assertion that pro-poor "green" tourism is one of the best development options for the majority of least developed countries (LDCs) -- a c...

by Shoaib Akhtar | On 27 Jan 2016

Small World of Inter-Firm Network and Firm's Acquisition Behaviour

This study finds that the inter-firm network in India on account of director interlocks is a small world and the network has become more integrated since the introduction of corporate governance regul...

by | On 27 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

Aid for Trade, Foreign Direct Investment and Export Upgrading in Recipient Countries

This paper examines empirically whether Aid for Trade (AfT) programmes and Foreign Direct Investment (FDI) inflows affect export upgrading and, if so, whether their effects are complementary or substi...

by Sèna Gnangnon | On 26 Jan 2016

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

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

by S. Mahendra Dev | On 26 Jan 2016

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

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

by Purnima Menon | On 26 Jan 2016

Economic Reforms and Expenditure on Health in India

In this paper an attempt has been made to analyse the impact of economic reforms on the public health expenditure of 15 major states and the centre as well as the combined expenditure of both the stat...

by Shiddalingaswami Hanagodimath | On 26 Jan 2016

India’s Sri Lanka Policy: Towards Economic Engagement

India's Sri Lanka policy since 1991 is one example of how India's foreign policy imperatives, redefined by the end of the Cold War and the introduction of liberal economic reforms, have impacted relat...

by | On 25 Jan 2016

India in the Emerging World Order: A status quo power or a revisionist force?

This chapter sets out to trace the changing contours of India’s foreign policy by throwing light on: (i) the historical and sociological compulsions shaping India’s strategic trends and the evolution...

by | On 25 Jan 2016

Foreign Direct Investment and Poverty Reduction: India in Regional Context

It is widely proclaimed that capital account liberalisation would immensely benefit developing economies because once capital controls are lifted capital would flow from the capital abundant rich cou...

by Manmohan Agarwal | 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

Nexus among Output, Inflation and Private Sector Credit in Bangladesh

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

by Sayera Younus | On 23 Jan 2016

Impact of Foreign Direct Investment on Bangladesh’s Balance of Payments: Some Policy Implications

This study reports high positive correlation between FDI inflows and Bangladesh’s aggregate exports and imports. The net impact on the current account balance and the balance of payments is positive....

by Muhammad Amir Hossain | 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

New Trade Links: A Step towards Asian Economic Integration?

This paper states that the sheaf of trade- and investment-agreements that India and Bangladesh have now signed will open up opportunities for New Delhi to look at, and beyond, its near-East neighbour...

by | On 23 Jan 2016

A New Touch of Realism in Bilateral Talks

This paper contends that the complex and chequered Sino-Indian relationship entered a new phase following India’s Prime Minister Narendra Modi’s talks with Chinese President Xi Jinping in his hometown...

by | On 23 Jan 2016

India’s New Neighbourhood-Test

India’s political landscape is likely to be dominated by a new leader, Narendra Modi of the Bharatiya Janata Party (BJP), in ways that the international community is yet to decipher. For now, as Mr Mo...

by | On 23 Jan 2016

Expanding Foreign Investment in the Energy Sector Challenges and Risks For Bangladesh?

A recent project under the CMI-CPD institutional collaboration agreement has looked at the effect of corruption on investment in the energy sector. A distinction is made between the extraction of ener...

by Arne Wiig | On 23 Jan 2016

Impact of Water and Sanitation Interventions on Childhood Diarrhea: Evidence from Bangladesh

This paper analyses the possible relevance of water and sanitation improvements for diarrhoea reduction in the context of Bangladesh. Much of the public policy thinking in the past was guided by publi...

by Binayak Sen | On 23 Jan 2016

An Analysis of Private Commercial Borrowing from Foreign Sources in Bangladesh

The intention of this study is to get an indication of the trends and uses of private sector commercial borrowing from external sources in Bangladesh. In this paper, an overall picture of the private...

by Sayera Younus | On 23 Jan 2016

Monetary Policy Stance and Recent Movements in Monetary Aggregates: Policy Implications

This note examines recent movements in net domestic asset (NDA) and net foreign asset (NFA) of BB vis-à-vis the proposed monetary program for FY09 and brings out possible policy implications and manag...

by Bangladesh Bank | On 23 Jan 2016

Creating Alliances for Renewable Energy Investment: Lessons from China and India

Alliances’ of public and private actors can play a crucial role in accelerating the transition to sustainable energy systems, and these groupings can be ‘engineered’. Based on research findings from I...

by Institute of Development Studies IDS | On 23 Jan 2016

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

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

by Stephen Spratt | On 23 Jan 2016

East Asia in 2015

The future political landscape of Asia-Pacific would largely be decided, arguably, by happenings in the East Asian region. It is so because in East Asia, the interests of three important players of wo...

by Sandip Kumar Mishra | On 23 Jan 2016

Economics of Fisheries and Aquaculture in the Coral Triangle Economics of Fisheries and Aquaculture in the Coral Triangl

Consolidates information on fisheries and aquaculture using a regional lens and analytical tools. Cover the Coral Triangle countries: Indonesia, Malaysia, Papua New Guinea, Philippines, Solomon Island...

by Asian Development Bank Institute | On 22 Jan 2016

The Impact of Digital Content: Opportunities and Risks of Creating and Sharing Information Online

The Global Agenda Council on Social Media white paper to be launched at the Forum's Annual Meeting 2016, The Impact of Digital Content: Opportunities and Risks of Creating and Sharing Information Onli...

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

The E15 Initiative: Strengthening the Global Trade and Investment System in the 21st Century

World trade has experienced a significant slowdown since the 2008 financial crisis. Over this period, the global ratio of trade expansion to income growth has halved. An effective global trade and inv...

by World Economic Forum [WEF] | 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

Productivity in the Era of Trade and Investment Liberalization in India

Very recent years India has witnessed wide-ranging economic reforms in her policies governing international trade and FDI flows. As per the findings of the paper, some of the important determinants of...

by Ram Upendra Das | On 21 Jan 2016

The Trans Pacific Partnership (TPP)

The Trans Pacific Partnership (TPP) has emerged as a major regional initiative for trade and investment liberalisation and towards enhancing competitiveness of the twelve participant countries drawn f...

by V. S. Seshadri | On 21 Jan 2016

Mechanics of Intra-Industry Trade and FTA Implications for India in RCEP

The paper highlights the economics of IIT in the context of FTAs in a manner not explored before, by building on the new trade theories. The paper demonstrates both theoretically and empirically, with...

by Ram Upendra Das | On 21 Jan 2016

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

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

by Biswajit Dhar | On 21 Jan 2016

Quantifying the International Bilateral Movements of Migrants

This paper presents five versions of an international bilateral migration stock database for 226 by 226 countries. The first four versions each consist of two matrices, the first containing migrants d...

by | On 20 Jan 2016

Neoliberal Development Macroeconomics: A Consideration of its Gendered Employment Effects

This paper expands on this contention, reviewing the primarily empirical research on the employment impacts of the macroeconomic policy environment, with a particular focus on women’s employment whene...

by | 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

Crucial Collaborators or Petty Players? The Globalization of R&D and the Rise of China and India

In recent decades, research and development has become a key new arena of globalization. Whereas multinational corporations once conducted R&D primarily in their home countries, it is now often disper...

by Andrew Kennedy | On 18 Jan 2016

Where is India’s Growth Headed?

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

by Ila Patnaik | On 18 Jan 2016

Raising Agricultural Productivity and Making Farming Remunerative for Farmers

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

by Niti Aayog GOI | On 18 Jan 2016

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

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

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

by | On 15 Jan 2016

Rebalancing Growth in Asia

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

by Eswar S. Prasad | On 15 Jan 2016

Household Survey Data for Research on Well-Being and Behavior in Central Asia

This paper summarizes the micro-level survey evidence from Central Asia generated and analyzed between 1991 and 2012. We provide an exhaustive overview over all accessible individual and household-lev...

by Tilman Brück | On 15 Jan 2016

Globalization, Brain Drain and Development

This paper reviews four decades of economics research on the brain drain, with a focus on recent contributions and on development issues. We first assess the magnitude, intensity and determinants of t...

by Frédéric Docquier | On 14 Jan 2016

Economic Outlook for Southeast Asia, China and India 2016

Regional integration efforts have intensified at varying levels over the years to implement the regional integration initiatives of ASEAN, ASEAN+3 and ASEAN+6. Current efforts are still not enough to...

by OECD Development Centre | On 13 Jan 2016

The Imprudence of Labour Market Flexibilization in a Fiscally Austere World

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

by | On 11 Jan 2016

Reason, Empathy, and Fair Play: The Climate Policy Gap

To achieve the greatest possible human welfare, the Stockholm Environment Institute’s Climate and Regional Economics of Development (CRED) model calls for rapid reduction of greenhouse gas emissions t...

by | On 11 Jan 2016

Recipients and Contributors: Middle income countries and the future of development cooperation

The new role that middle-income countries (MICs) play in the global landscape obliges international community to review the configuration of the development cooperation system. On the one hand, MICs s...

by | On 11 Jan 2016

The Least Developed Countries Report, 2008

Least developed countries are achieving record rates of economic expansion, but growth is failing to trickle down into significantly improved well-being for the majority of their population. The Least...

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

Towards ‘Make in South Asia’ Theoretical Basis and Policy Responses for Evolving Regional Values Chains

The paper presents the theoretical canvass emphasising the need to adopt an integrated approach towards trade in goods, trade in services and investment in a regional framework. In this context, rules...

by Ram Upendra Das | 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

TRIPS and the Balance between Private Rights and Public Welfare: The Case of Pharmaceutical Sector

This paper tries to analyse the effects of TRIPS on public welfare in the context of the pharmaceutical sector. It takes a closer look at the policies of some developing countries and their usage of t...

by Deeparghya Mukherjee | On 09 Jan 2016

Modi’s Foreign Policy: Focus on the Diaspora

The paper reviews the evolution of India’s diaspora policy and examines the possibilities and pitfalls that could arise from Delhi’s new political enthusiasm for overseas Indian communities. Engagemen...

by C. Raja Mohan | 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

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

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

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

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

Household Decision-Making Under Threat of Violence: A Micro Level Study in the Chittagong Hill Tracts of Bangladesh

The rural household livelihood and children’s educational investment decisions are analyzed in a post-conflict setting located in the Chittagong Hill Tracts region of Bangladesh. The study represents...

by | On 07 Jan 2016

Financing Development Cooperation in Northeast Asia

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

by Masahiro Kawai | On 07 Jan 2016

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

Multilateralizing Asian Regionalism

Motivated by the proliferation of free trade agreements (FTAs) in Asia over the last decade, this paper studies the challenges faced by the Asian “noodle bowl” — overlapping, multiple trade rules, reg...

by Richard Baldwin | On 07 Jan 2016

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

In this paper, patterns of selection into temporary and permanent migration are described. The simultaneity of migration, education, and other investment decisions creates a stark trade-off between...

by Joyce J Chen | On 06 Jan 2016

ASEAN Economic Integration through Trade and Foreign Direct Investment: Long-Term Challenges

This paper explores the long-term challenges for trade and foreign direct investment (FDI) of the Association of Southeast Asian Nations (ASEAN). The region has emerged as an important production base...

by Masahiro Kawai | On 06 Jan 2016

Estimates of Urban Infrastructure Financing Requirements in India 2006-2031

The paper describes the estimation exercise, i.e. the Urban Infrastructure Per Capita Investment Cost estimation and projection of urban finance requirements for the period 2006-2031 referred to as th...

by Shubhagato Dasgupta | On 05 Jan 2016

The Cost of Moving Goods

Road Transportation, Regulations and Charges in Indonesia. To assess the size and nature of domestic road transportation costs, The Asia Foundation, in partnership with the University of Indonesia's I...

by The Asia Foundation | On 02 Jan 2016

Foreign Direct Investment and Poverty

It is widely proclaimed that capital account liberalisation would immensely benefit developing economies because once capital controls are lifted capital would flow from the capital abundant rich coun...

by Pragya Atri | On 01 Jan 2016

Indo-Nepal Trade Relation: The Phenomenon of Black Hole Effect

In the field of international trade, an economy is assumed to be reeling under the 'BLACK HOLE EFFECT' of another economy, if all the major variables of international trade, irrespective of in which c...

by | On 01 Jan 2016

Gender differences in health expenditure of rural cancer patients: Evidence from a public tertiary care facility in India

This paper investigates if there are gender differences in health expenditures and treatment seeking behavior among cancer patients and finds that the results are consistent with gender discriminati...

by Abhiroop Mukhopadhyay | 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

Carrot or Stick? Redistributive Transfers Versus Policing in Contexts of Civil Unrest

Recurrent episodes of civil unrest significantly reduce the potential for economic growth and poverty reduction. Yet the economics literature offers little understanding of what triggers civil unrest...

by Patricia Justino | On 30 Dec 2015

Service Sector Productivity and Economic Growth in Asia

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

by Jong-Wha Lee | On 30 Dec 2015

Deepening the Social Dimensions of Regional Integration

The present report presents an overview of some recent trends and future challenges regarding the deepening of the social dimensions of regional integration, in light of the Recommendations of the Rep...

by | On 29 Dec 2015

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

Trade in Value Added: An East Asian Perspective

This paper aims to provide a non-technical explanation of the concept of trade in value added, with particular reference to East Asia. The trade in value added approach allows us to redefine the relat...

by Satoshi Inomata | On 29 Dec 2015

The ASEAN Economic Community: Progress, Challenges, and Prospects

The ASEAN Economic Community (AEC) was set up in 2003 with the objectives of creating a single market and production base, enhancing equitable economic development as well as facilitating the integrat...

by Siowyue Chia | On 29 Dec 2015

Connecting South Asia to Southeast Asia: Cross-Border Infrastructure Investments

Most of the trade between South Asia and Southeast Asia is by sea. However, with improved infrastructure and easier border crossing procedures, land traffic could grow to boost trade in goods, service...

by Jean-Francois Gautrin Gautrin | On 29 Dec 2015

The Role of Sri Lanka in Enhancing Connectivity between South Asia and Southeast Asia

Improving physical connectivity between South and Southeast Asia has long been recognized as a key element in promoting greater trade and investment linkages within the region. As an island economy, S...

by Dushni Weerakoon | On 29 Dec 2015

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

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

by Farhad Hesary | On 29 Dec 2015

A Connectivity-Driven Development Strategy for Nepal: From a Landlocked to a Land-Linked State

Nepal's lackluster economic performance during the post-conflict period (that is, after November 2006) has been driven by remittances from the export of labor services and the improved performance of...

by Pradumna Rana | On 29 Dec 2015

Connecting South Asia and Southeast Asia: A Bangladesh Country Study

Economic integration is being inhibited by the poor state of transport connectivity between Bangladesh, and South Asia and Southeast Asia. This study reviews connectivity initiatives of Bangladesh and...

by Mustafizur Rahman | On 23 Dec 2015

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

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

by Umid Abidhadjaev | On 23 Dec 2015

Policy Options for India in Afghanistan

This brief explores the potential future policy options for the Indian government and does not touch upon the initiatives already undertaken by New Delhi in Afghanistan. New Delhi must try to optimise...

by Rajeshwari Krishnamurthy | 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

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

Thailand’s Investment in India’s Northeast: Strategies, Potentials and Risks

The imperatives for Thailand’s investment in the Northeast have come from two important considerations, reflecting longterm strategic objectives of the Look West Policy of Thailand. First, India’s nor...

by | On 22 Dec 2015

Now Corporate Paralysis

Public investment financed by the government's own or borrowed resources do not provide an adequate answer to the problem of relatively low investment.

by T.N. Ninan | 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

India's Sri Lanka Policy: Towards Economic Engagement

India's Sri Lanka policy has built upon economic engagement to cooperate on initiatives of strategic importance. The lesson one can learn from this is the potential of economic linkages to overcome a...

by | 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

Channelling Household Savings to Productive uses Through the Capital Markets

Savings provides the means for investments. Typically, investments are primarily funded through domestic savings and the rest through foreign capital inflows. Domestic savings are from three sources -...

by Vardhana Pawaskar | On 17 Dec 2015

Nepal: A Failing State or a State in Transition?

The modest intention of this paper is to question the above assertion that Nepal is a failing state. To this end, it shall firstly outline the broad definition of failing states. Secondly, it will off...

by Oliver Housden | On 17 Dec 2015

Post - Harvest Management of Mushrooms with Special Reference to Himachal Pradesh

The mushrooms of Himachal Pradesh should be established 'As a quality produce of India' in foreign markets to exploit present declining trend of mushroom production in many producing countries. In a...

by Ministry of Agriculture GOI | On 17 Dec 2015

The Economic Case for Devoting Public Resources to Health

Major health problems persist, particularly in tropical countries, which are still struggling with infectious diseases while increasingly having to deal with noncommunicable diseases. Several classic...

by David E. Bloom | On 17 Dec 2015

Connecting the Disconnected: Improving Education and Employment Outcomes Among Disadvantaged Youth

In this paper we will briefly review recent trends in employment outcomes for disadvantaged youth, focusing specifically on those who have become "disconnected" from school and the labor market, and w...

by Peter Edelman | On 17 Dec 2015

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

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

by Ulrich Hoffmann | On 16 Dec 2015

MQSUN Mixed Methods Report: Impact Evaluation of the DFID Programme to Accelerate Improved Nutrition for the Extreme Poor in Bangladesh, Phase II

The DFID Programme to Accelerate Improved Nutrition for the Extreme Poor in Bangladesh aims to improve nutrition outcomes for children, mothers and adolescent girls by integrating the delivery of a nu...

by Barnett I. | On 16 Dec 2015

Climate-Smart Agriculture: Smallholder Adoption and Implications for Climate Change Adaptation and Mitigation

There are a wide range of agriculture-based practices and technologies that have the potential to increase food production and the adaptive capacity of the food production system, as well as reduce em...

by | On 09 Dec 2015

What do Economists have to say about Climate Impacts on South Asia?

South Asia’s changing climate has had many different impacts including changes in ecosystems, more severe storms, rainfall that is more concentrated in a few days per year leading to more floods and m...

by E. Somanathan | On 01 Dec 2015

Investment and Growth in India under Liberalization: Asymmetries and Instabilities

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

by | On 20 Nov 2015

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

Workfare and Human Capital Investment: Evidence from India

The paper examines the effect of India's National Rural Employment Guarantee Scheme (NREGS), one of the largest workfare programs in the world, on human capital investment. Since NREGS increases labor...

by | On 16 Nov 2015

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

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

by Naoyuki Yoshino | On 13 Nov 2015

The Sunday Edit: Deaton, the Development Economist

Angus Deaton’s contributions to economics have been seminal providing development economists with new tools of analysis that have yielded policy-altering insights.

by Suryanarayana M H | On 07 Nov 2015

Global Employment Trends for Youth 2015

The Global Employment Trends for Youth 2015 provides an update on key youth labour market indicators and trends, focusing both on the continuing labour market instability and on structural issues in y...

by | On 28 Oct 2015

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

Utilization of ICDS Services and their Impact on Child Health Outcomes Evidence from Three East Indian States

The study analyses a rural household’s decision to participate in a public pre-school intervention called the Integrated Child Development Scheme (ICDS), and evaluates its impact on anthropometric out...

by Meenakshi J V | On 15 Oct 2015

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

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

by | On 14 Oct 2015

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

Present study has been undertaken to understand that to what extent reforms measures in terms of repeal of the act has affected investment in agricultural marketing infrastructure. The present s...

by Vijay Intodia | On 14 Oct 2015

Policies for a Better-Fed World

A wide range of interventions, from subsidized grains all the way to conditions on nutrition in conditional cash transfers, have either been tried or put in place in different countries in order to fi...

by Abhijit Banerjee | On 12 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

Ground Water and Farm Incomes at Risk from Climate Change in Tamil Nadu, India

Research from South India suggests that climate change will affect ground water availability with serious and negative implications for agriculture. Any increase in temperature above a threshold of ...

by R. Balasubramanian | On 30 Sep 2015

The Power of Parity: How Advancing Women's Equality can Add $12 trillion to Global Growth

In this report, MGI explores the economic potential available if the global gender gap were to be closed. The research finds that, in a full-potential scenario in which women play an identical role...

by Jonathan Woetzel | On 30 Sep 2015

Transforming our World: the 2030 Agenda for Sustainable Development

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

by United Nations UN | On 28 Sep 2015

Institutional Changes Favouring FDI Inflows to India: Gradual Transformation Since 1969

How did India respond to globalization in the realm of inward foreign direct investment (FDI)? This paper presents the economic institutional change favouring FDI inflows at the union level of India b...

by | On 25 Sep 2015

Technology, Development and the Role of the State

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

by | On 24 Sep 2015

Book Review: Universal Man: The Seven Lives of John Maynard Keynes

Review of Universal Man: The Seven Lives of John Maynard Keynes by Richard Davenport-Hines. New York: Basic Books, 2015. 418 pp. Rs. 1,729/- (cloth), IISBN-13: 978-0007519804.

by John Graham | On 23 Sep 2015

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

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

by | On 22 Sep 2015

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

Money and Inflation: Evidence from P-Star Model

This study uses P-star model to examine the role of money in explaining inflation in India. In particular, we compare the performance of traditional Phillips curve approach against P-star model in for...

by Sunil Paul | On 14 Sep 2015

The Conundrum of Profitability Versus Soundness for Banks by Ownership Type: Evidence from the Indian Banking Sector

Banks pursue profit like any business, but in their role as custodians of domestic savings, they are required to be cautious. Riskier but profitable advances may cause asset quality deterioration, thu...

by Sreejata Banerjee | On 14 Sep 2015

Foreign Investment in Hospital Sector in India: Trends, Pattern and Issues

This study examines the status of and trends in foreign investment inflow into the Indian hospital sector and highlights the emerging issues from 2000 to 2014, the era of liberalised foreign investmen...

by | On 14 Sep 2015

Space 2.0: Shaping India's Leap into the Final Frontier

As a long-term investor in space technology and infrastructure, India aspires to be one among the top nations in the world in terms of government space investment. Though space investment has been gro...

by | On 07 Sep 2015

Gender and Distributional Preferences: Experimental Evidence from India

This paper is the result of a lab experiment conducted to assess whether gender of dictators and recipients, and distributional preferences affect allocations in a modified dictator game where both pa...

by Smriti Sharma | On 01 Sep 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

Identity, Interests and Indian Foreign Policy

This paper argues that India’s foreign economic policies were shaped to a substantial extent by developmental ideas within the Indian state and by the international context of the Cold War. Individual...

by | On 25 Aug 2015

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

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

by B.N. Goldar | On 24 Aug 2015

The Youth Guarantee Programme in Europe: Features, Implementation and Challenges

The recommendation to establish a Youth Guarantee was adopted by the Council in April 2013 in response to unprecedented levels of youth unemployment, which reached 23.5 per cent in Europe at the end o...

by | On 24 Aug 2015

Science and Economics for Sustainable Development of India

This paper deals with the interface between science and economics in environmental policy making in India. It explains Nehru‘s concept of scientific temper and its influence in the formulation of scie...

by U. Sankar | On 19 Aug 2015

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

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

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

Recent Developments in Myanmar and New Opportunities for Sub-Regional Cooperation: A Bangladesh Perspective

The paper analyses the potential opportunities between Bangladesh and Myanmar stemming from sub-regional cooperation. The paper examines Myanmar’s integration into the regional and global economy toge...

by Debapriya Bhattacharya | On 18 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

Regulatory Barriers to Micro, Small and Medium Enterprises

Against the post-New Industrial Policy (1991) growth witnessed in large-scale industries, a corresponding boom in the small and mid-sized domestic industry has been conspicuously absent. The paper see...

by Amit Chandra | On 13 Aug 2015

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

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

by Centre for Civil Society CCS | On 13 Aug 2015

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

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

Trade and Transport Facilitation in Bangladesh: An Audit of the State of Play

This working paper embodies the results of trade and transport facilitation audit which was carried out in the Bangladesh context, as part of a South Asian regional study.The study documents the major...

by Naimul Saif | On 11 Aug 2015

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

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

by | On 11 Aug 2015

Economics of Human Trafficking

This paper presents an economic model of human trafficking that encompasses all known economic factors that affect human trafficking both across and within national borders. The authors envision human...

by Elizabeth M. Wheaton | On 05 Aug 2015

Does Introduction of Bureaucratic Competition Reduce Corruption in Public Service Delivery?

The paper theoretically explores the impact of introducing bureaucratic competition on corruption. For this purpose it considers three different measures of corruption such as corruption incidence (CI...

by | On 04 Aug 2015

IT Governance and IT Strategy: Board's Eye View

Banking in India and globally is undergoing and there are many challenges that are lying ahead. The basic underlying theme that runs through this changing landscape is the ever increasing reliance on...

by Harun R Khan | On 04 Aug 2015

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

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

by Gazi Mahabubul Alam | On 03 Aug 2015

Monetary Policy Credibility: Is There a Magic Bullet?

This paper examines the concept of monetary policy credibility from both the theoretical and practical viewpoints. It also discusses the advantages of high credibility and explains measures that can b...

by Naveen Srinivasan | On 31 Jul 2015

Foreign Investment in Hospital Sector in India: Trends, Pattern and Issues

This study examines the status of and trends in foreign investment inflow into the Indian hospital sector and highlights the emerging issues from 2000 to 2014, the era of liberalised foreign investmen...

by | On 31 Jul 2015

Resolving the Food Crisis – Assessing Global Policy Reforms Since 2007

The report looks beyond the proclamations and communiqués to assess what has really changed since the crisis erupted. While not exhaustive, the report looks at: Overseas Development Assistance, both i...

by | On 30 Jul 2015

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

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

by | On 30 Jul 2015

Clinical Trials Industry in India: A Systematic Review

This study shows that many global clinical trials organisations have relocated their clinical trial (CT) research units to India. The Indian CT industry has become one of the most cost-efficient desti...

by Dinesh Abrol | 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

The Right to Fair Compensation and Transparency in Land Acquisition, Rehabilitation and Resettlement (Amendment) Bill, 2015

This is a Bill to further amend the Right to Fair Compensation and Transparency in Land Acquisition, Rehabilitation and Resettlement Act, 2013. The Right to Fair Compensation and Transparency in Land...

by Ministry of Law and Justice GOI | On 21 Jul 2015

Inflation Targeting for India? The Implications of Limited Asset Market Participation

This paper considers the implications of an imperfect monetary transmission mechanism for optimal monetary policy choices in an open economy. The asset market channel is restricted in this paper as so...

by | On 09 Jul 2015

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

Is Imperialism a Relevant Concept in Today’s World?

This paper explores some aspects of the imperialism/empire/new imperialism debate and looks at whether imperialism remains to be a valid theoretical category in analyzing contemporary economics and po...

by Subhanil Chowdhury | On 02 Jul 2015

Assessing Development Assistance for Mental Health in Developing Countries: 2007–2013

Despite an expanding body of evidence suggesting that sustainable mental health care can be effectively integrated into existing health systems at relatively low cost, mental health has not received s...

by Barnabas J Gilbert | On 16 Jun 2015

Mid-Year Review of the Indian Economy 2014-15

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

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

Stereotypical Occupational Segregation & Gender Inequality: An Experimental Study

This paper attempts to distinguish ‘trust in cooperation’ from ‘trust in ability’ with respect to gender through an experimental trust game. ‘Trust in ability’ is explored in the context of hands-on m...

by Savita Kulkarni | On 10 Jun 2015

The Economics of Peace: A Nepalese Perspective

Understanding the importance of peace has been accorded high priority in many religions, such as Hinduism, Jainism, Buddhism and Sikhism. In recent years, many economists have realized the monetary va...

by Hari Bansh Jha | On 05 Jun 2015

The Dance of the Elephant and the Dragon: The Promise and Perils of Sino-Indian Relations

India and China, two of the world's oldest civilisations, have had little historically relevant interactions with one other. Separated by the world's highest mountain range, the Himalayas, neither of...

by Himanil Raina | On 04 Jun 2015

Fourteenth Finance Commission: Continuity, Change and Way Forward

In preparation of its report, the Fourteenth Finance Commission was guided by the terms of reference; the approach of the previous finance commissions; the prevailing macroeconomic situation in the co...

by | On 03 Jun 2015

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

Towards a Water and Food Secure Future

The aim of this paper is to provide policy-makers with a helpful overview of the technical and economic aspects of water use in agriculture, with particular emphasis on crop and livestock production....

by Food and Agriculture Organization of the UN UN | On 15 Apr 2015

Prospects of Asian Infrastructure Investment Bank

AIIB is expected to accelerate economic development and integration of Asia through the promotion of investment in the infrastructure sector. AIIB have several priority areas include transport, energy...

by Makmun Syadullah | On 03 Apr 2015

Foreign Trade Policy: 1st April, 2015 – 31st March, 2020

The new five year foreign trade policy, 2015-2020 provides a framework for increasing exports of goods and services as well as generation of employment and increasing value addition in the country. Th...

by Ministry of Commerce and Industry GOI | On 02 Apr 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

Investing in Health for Economic Development in Vietnam

This report present the findings from a mission undertaken by the authors in Vietnam in 2005. This report provides some of the particular aspects of the health sector from an economic perspective. It...

by | On 24 Mar 2015

BRICS Trade Policies, Institutions and Areas for Deepening Cooperation

This document studies the Trade Policies and Institutions of BRICS, India and BRICS: issues of trade and technology; and examines the scope for deepening cooperation in services among BRICS members. T...

by | On 24 Mar 2015

A Dynamic Economic Model of Soil Conservation Involving Genetically Modified Crop

This paper attempts to model the positive role of cultivation of Genetically Modified (GM) crop with its soil-anchoring root-characteristic and use of conservation-tillage technology, in saving orga...

by Amrita Chatterjee | On 23 Mar 2015

Two Approaches to the Dynamics of Employment and Economic Growth in India

One of the most salient features of India’s labour market in the last two decades has been its relatively weak performance in terms of employment generation. The labour market experience of low and de...

by | On 23 Mar 2015

Capturing the Demographic Dividend in Pakistan

Currently, 28 per cent of Pakistan is between ages 15 and 29. Translating this “youth bulge” into a “demographic dividend” is a principal challenge and the main theme of this volume. A key message is...

by Zeba Sathar | On 19 Mar 2015

Structural Changes in India’s Foreign Trade

This working paper reflects Indis's domestic production on exports and imports. The paper also highlights upon India’s two policy instruments, namely price controls and reserving market segment for sm...

by | On 18 Mar 2015

The India–Sri Lanka Free Trade Agreement and the Proposed Comprehensive Economic Partnership Agreement: A Closer Look

The paper provides the Sri Lankan perspective of the Free Trade Agreement (FTA) highlighting both the positive outcomes and the negative aspects. The paper shows that the FTA has worked in favor of Sr...

by Saman Kelegama | On 16 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

Investing to Overcome the Global Impact of Neglected Tropical Diseases

This report repositions a group of 17 neglected tropical diseases on the global development agenda at a time of profound transitions in the economies of endemic countries and in thinking about the ove...

by World Health Organisation (WHO) | On 09 Mar 2015

Economic Survey 2014-15: Vol II

State of the Economy - an overview Public Finance monetary management and financial intermediation External Sector Price, Agriculture and Food Management Industrial, Corporate and Infrastructur...

by Ministry of Finance | On 28 Feb 2015

Budget Speech 2015-16

Budget speech of Finance Minister

by Arun Jaitley | On 28 Feb 2015

Indian Railway Budget Speech 2015-16

Speech of Shri Suresh Prabhakar Prabhu introducing the Railway Budget for 2015-16

by Suresh Prabhakar Prabhu | On 26 Feb 2015

Real-world Economic Review Issue 70

Table of Contents The euro area’s secular stagnation and what can be done about it 2 Leon Podkaminer Six core assumptions for a new conceptual framework for economics 17 Gustavo Marqués The Federal...

by PAER Post Autistic Economic Review | On 19 Feb 2015

China's Manufacturing Success: Lessons for India

This paper attempts to study the conditions under which China's manufacturing sector thrived in the last few decades. Some distinctive policies (such as in decentralisation, foreign direct investmen...

by Pravakar Sahoo | On 19 Feb 2015

Mid-Year Economic Analysis 2014-2015

In July 2013, India was teetering on the edge of macroeconomic crisis with double digit inflation, a high and rising current account deficit (CAD), and a falling rupee as investor sentiment turned s...

by Ministry of Finance GOI | On 18 Feb 2015

Financing for Infrastructure Investment in G-20 Countries.

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

by Ramprasad Sengupta | On 11 Feb 2015

Indian Public Finance Statistics 2013-14

Indian Public Finance Statistics' is an annual publication prepared by the Economic Division of the Department of Economic Affairs, Ministry of Finance. This provides a comprehensive overview of the b...

by Ministry of Finance | On 10 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

Determinants of Regional Patterns of Manufacturing Exports: Indian Firms since the Mid-1990s

A preliminary analysis of the spatial determinants of firms’ export activities by Indian states has been undertaken in this study. Thus, the present study attempts to fill the gap by focusing on issue...

by Jaya Prakash Pradhan | On 06 Feb 2015

Annual Day Lecture of the Delhi School of Economics, India

The lecture focuses on the continuing relevance of the founding principles of the School, viz., academic freedom, academic excellence, social commitment with technical competence.

by C.H. Hanumantha Rao | On 21 Jan 2015

A Post-2015 World Fit for Children

This issue brief outlines a roadmap for human progress over the next 15 years. Known as the Sustainable Development Goals, these new global targets will drive investment and action in virtually every...

by United Nations Children's Fund UNICEF | On 20 Jan 2015

Economic Sociology and Political Economy: A Programmatic Perspective

The paper presents some of the ideas underlying the current research program of the Max Planck Institute for the Study of Societies (MPIfG). It begins with a discussion of how the institute’s pro- gra...

by Jens Beckert | On 18 Jan 2015

Food Security and Nutritional scenario of India- An overview

The purpose of this paper is to assess the availability of food to poor and nutritional situation of national households. The growth of production of food grains is 2.12 per cent in 2000-01 to 2010-1...

by | On 26 Dec 2014

China and Its Peripheries: Contentious Relations with North Korea

This brief discusses China's political, economic, territorial, and security relations with North Korea. It suggests that although China remains North Korea's most important ally as well as its biggest...

by | On 26 Dec 2014

Last Call to Get Climate Deal Right

The US “peaked” its emissions in 2012. Countries which were required to cut emissions did not do so at the scale or pace needed. The Durban CoP agreed that the world would work to finalise a new agree...

by Sunita Narain | On 03 Dec 2014

Multidimensional Poverty and Child Survival in India

Though the concept of multidimensional poverty has been acknowledged cutting across the disciplines (among economists, public health professionals, development thinkers, social scientists, policy make...

by Sanjay K. Mohanty | On 02 Dec 2014

Cross-Sectional Time Series Analysis of Associations between Education and Girl Child Marriage in Bangladesh, India, Nepal and Pakistan

Girl education is believed to be the best means of reducing girl child marriage (marriage <18 years) globally. However, in South Asia, where the majority of girl child marriages occur, substantial imp...

by Anita Raj | On 02 Dec 2014

Student Politics: A Game-Theoretic Exploration

The student parties on campus are essentially student wings of larger national parties, which command huge amounts of resources that are used during elections, often instigating conflict and violenc...

by Soumyanetra Munshi | On 01 Dec 2014

Pathways of Economic Inequalities in Maternal and Child Health in Urban India: A Decomposition Analysis

Children and women comprise vulnerable populations in terms of health and are gravely affected by the impact of economic inequalities through multi-dimensional channels. Urban areas are believed to ha...

by Srinivas Goli | On 19 Nov 2014

Myth of Chinese Labour Flexibility

India has been a land of myths. Industrial relations are no exception to this trend. The arguments in the name of supporting the chorus for labour law and governance reforms, when reviewed carefully w...

by K.R. Shyam Sundar | On 14 Nov 2014

Criss-Crossing Globalization: Uphill Flows of Skill-Intensive Goods and Foreign Direct Investment

This paper documents an unusual and possibly significant phenomenon: the export of skills, embodied in goods, services or capital from poorer to richer countries. A set of stylized facts is presente...

by Aaditya Mattoo | On 06 Nov 2014

Economic Inequalities in Maternal Health Care: Prenatal Care and Skilled Birth Attendance in India

The use of maternal health care is limited in India despite several programmatic efforts for its improvement since the late 1980's. The use of maternal health care is typically patterned on socioecono...

by Praveen Kumar Pathak | On 06 Nov 2014

International Migration and Development in East Asia and the Pacific

The East Asia and Pacific (EAP) region has an international emigrant population of more than 21 million people who remitted US$112 billion to their home countries in 2013. The region also hosts more t...

by Ahmad Ahsan | On 31 Oct 2014

Women and Labour Markets in Asia: Rebalancing for Gender Equality

The report is a joint undertaking by the ADB and the ILO’s Regional Office for Asia and the Pacific, reflecting the high-level commitment of both organizations to gender equality in the region, as an...

by International Labour Organisation ILO | On 29 Oct 2014

India’s Economy: From Where to Where?

The economic policies that our founding fathers conceived for India defy easy characterization. They were an exasperating combination of simultaneously supporting and stifling private entreprene...

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

Infrastructure Challenges in India: The Role of Public-Private Partnerships

Inadequate infrastructure was recognized in the Eleventh Plan as a major constraint for rapid growth. The Plan had, therefore, emphasized on the need for massive expansion on investment in infrastruct...

by Geethanjali Nataraj | On 16 Oct 2014

Youth in Transition: The Challenges of Transitional Change in Asia

This book originates from a conference of the Association of Asian Social Science Research Councils and contains writings and research reports on Youth in Transition in the Asia and Pacific region. Th...

by UNESCO UNESCO | On 16 Oct 2014

The Cult of Statistical Significance - A Review

A review and extended discussion is presented of The Cult of Statistical Significance: How the Standard Error Costs Us Jobs, Justice and Lives by Deirdre McCloskey and Stephen Ziliak, a work that rai...

by Sripad Motiram | On 29 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

Economic and Financial Outlook

A picture about the macroeconomy that is, the world economy and the domestic economy is given. The two recent regulatory measures are given here. [FICCI/IBA Annual Banking Conference].

by Raghuram G. Rajan | On 18 Sep 2014

Real Estate and Hosing-A Sensitive Sector or Samvriddhi Sector ?

The speech shows the investment government has done for the housing and real estate sector. There are recommendations on how the sector can be improved.

by R. Gandhi | On 22 Aug 2014

A BRIC Development Bank: A Dream Coming True?

BRICS leaders have approved creating a new development bank which would fund long-term investment in infrastructure and more sustainable development. This paper documents the scale of unmet needs in t...

by Stephany Jones | On 21 Aug 2014

Letting Girls Learn: Promising Approaches in Primary and Secondary Education

This paper analyses the benefits from female education (who gains and in what ways) and the constraints (direct and opportunity costs, reflecting economics and tradition). It then outlines promising a...

by Barbara Herz | On 01 Aug 2014

Modified Budget Rajasthan: 2014-15

Budget speech by chief minister Vasundhara Raje

by Vasundhara Raje | 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

Railway Budget 2014-15: Analysis

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

by Prachee Mishra | On 16 Jul 2014

BCIM Economic Corridor: Prospects and Challenges

Given the commonalities in terms of history, culture, languages and trade complementarity in many cases, the Bangladesh-China-India-Myanmar (BCIM) Corridor is a win-win arrangement. The linkages of tr...

by Pravakar Sahoo | On 15 Jul 2014

Employment Stagnancy in India: Policy Plus Monetary reform

The Indian economy is witnessing a dichotomous trend- an increasing share of employment in industry with decline in Value Added to output. When compared to other Asian economies, we’re adding workers...

by Aritra Chakrabarty | On 10 Jul 2014

Speech of the Minister for Railways 2014-15

Railway budget 2014-15.

by D.V. Sadananda Gowda | On 09 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

Globalisation, Child Labour and Development Policies: A Theoretical Analysis

Incidence of child labour is a disturbing feature of an emerging market econ¬omy. In the present article, the authors try to explore whether globalization policies, namely, agricultural trade liberali...

by Rakhi Banerjee | On 09 Jun 2014

Connecting South Asia to Southeast Asia: Cross-Border Infrastructure Investments

Most of the trade between South Asia and Southeast Asia is by sea. However, with improved infrastructure and easier border crossing procedures, land traffic could grow to boost trade in goods, service...

by Jean-Francois Gautrin Gautrin | On 02 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

Deregulating the Transfer of Agricultural Technology: Lessons from Bangladesh, India, Turkey, and Zimbabwe

Many transition and developing economies have reduced direct public involvement in the production and trade of seed and other agricultural inputs. This trend creates opportunities for farmers to reali...

by David Gisselquist | On 23 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

Agricultural Research and Productivity Growth in India

This research report, which examines the effects of research and development on productivity in India, finds that India is still benefiting from these investments. The report shows that the public ben...

by Robert E Evenson | On 29 Apr 2014

Addressing the Global Food Crisis: Key trade, investment and commodity policies in ensuring sustainable food security and alleviating poverty

The recent global food crisis can be seen as a wake-up call which can be turned into an opportunity by developing countries and the international community to revitalize global agriculture producti...

by United Nations Conference on Trade and Development | On 22 Apr 2014

Measuring Value In Global Value Chains

This paper compares alternative ways of measuring participation of a country in Global Value Chains (GVCs) and estimates distribution of gains between countries in terms of Countries' shares in total...

by Rashmi Banga | On 10 Mar 2014

Global Value Chains And Development

Global trade in goods and services, which today amounts to more than $20 trillion, includes a significant amount of double counting. Raw material extracted in one country may be exported first to a se...

by United Nations Conference on Trade and Development | On 10 Mar 2014

Determinants of Clusters in Indian Manufacturing: The Role of Infrastructure, Governance, Education, and Industrial Policy

This paper investigates the determinants of spatial concentration and entry within manufacturing across states in India. Using an unbalanced panel of 180 industries spread across 16 major Indian sta...

by Ana M. Fernandes | On 30 Jan 2014

Urbanization beyond Municipal Boundaries: Nurturing Metropolitan Economies and Connecting Peri-Urban Areas in India

This study identifies three priority areas for India's policymakers as they try to harness economic efficiency and manage spatial equity associated with urbanization. First, to enhance productivity, i...

by World Bank | On 28 Jan 2014

Overcoming Child Malnutrition in Developing Countries: Past Achievements and Future Choices

"About 167 million children under five years of age —almost one-third of the developing world's children —are malnourished. If they survive childhood, many of these children will suffer from poorer co...

by Lisa C. Smith | On 22 Jan 2014

The Way Forward for Northeast India

This paper seeks to explain the idea of linking Northeast India to Southeast Asia, which gained popular imagination following the release of the North Eastern Region Vision 2020 document in 2008. Howe...

by Laldinkima Sailo | On 22 Jan 2014

Financing Infrastructure in Bangladesh – Some Options

This paper seeks to outline the infrastructure needs of Bangladesh with respect to domestic sources of finance. While infrastructure encompasses energy, transportation, telecommunications, water and...

by Ishraq Ahmed | On 22 Jan 2014

India’s Regional Security Cooperation: The Nehru Raj Legacy

The paper explores the logic of continuity in independent India’s security policy from where the British Raj had left off. Much like the Raj, Nehru’s India sought to provide security to its smaller ne...

by prashant kumar | On 21 Jan 2014

The Impact of Fiscal and Political Decentralization on Local Public Investments in Indonesia

The effects of the Indonesian decentralization and democratization process on budget allocation at the sub-national level is analyzed. Based on panel data for 271 Indonesian districts for the years...

by Krisztina Kis Katos | On 17 Jan 2014

Economics of Migration and Remittances: A Review Article

The aim of this paper is to analyse the different generations of migration theory and remittances from the development economics perspective, examining in particular the dichotomy between economic a...

by Puja Guha | On 02 Jan 2014

The Nature of the Beast: What Behavioral Economics is Not

There are many misconceptions on what behavioral economics is. This is essay clearly says what is behavioral economics. [CGD essay].

by Matthew Darling | On 11 Dec 2013

Regional Cooperation on the Ganga Basin: Yet a mirage?

Ganges is one of the important rivers of South Asia. It is a trans-boundary river between India and Bangladesh. Some rivers, originating in the Tibetan Autonomous region of the People's Republic of Ch...

by Dwarika Dhungel | On 15 Nov 2013

Regional Comprehensive Economic Partnership: Reform Challenges and Key Tasks for the Philippines

The paper calls the attention of policymakers to address critical constraints affecting the effective utilization of free trade agreements, growth, trade facilitation and customs administration, servi...

by Gilberto M. Llanto | On 15 Nov 2013

Welfare and Poverty Impacts of India’s National Rural Employment Guarantee Scheme: Evidence from Andhra Pradesh

India’s National Rural Employment Guarantee Scheme (NREGS) is one of the largest public works programs globally. Understanding the impacts of NREGS and the pathway through which its impacts are realiz...

by Songqing Jin | On 14 Oct 2013

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

Preliminary Evidence on Internal Migration, Remittances, and Teen Schooling in India

Migration can serve as an outlet for employment, higher earnings, and reduced income risk for households in developing countries. The 2004–2005 Human Development Profile of India survey is used to exa...

by Valerie Mueller | On 06 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

Migration and Poverty in India: A Multi-Patterned and Complex Reality

The paper reviews the existing evidence on migration-poverty interface in the light of the macro and micro level studies in India. It also discusses the extent, patterns, and correlates of short term...

by Amita Shah | On 03 Sep 2013

FDI in Defence: Wrong Diagnosis, Wrong Remedy

FDI in the defence sector, with lower or higher caps, will not result in the massive inflow of investments as are being touted. Nor will it bring in advanced technologies. These would happen, if at al...

by D.Raghunandan | On 24 Aug 2013

Forecasting Profitability

Newly-available Indian panel data is used to estimate how the returns to planting-stage investments vary by rainfall realizations. [BREAD Working Paper No. 392]. URL:[http://ipl.econ.duke.edu/bread/pa...

by Mark Rosenzweig | On 16 Aug 2013

Asia: ‘The Explosive Transformation’

There is a growing literary assessment of the ideology and practice of Asian capitalism. In Sea of Poppies and River of Smoke, the first two volumes of a projected trilogy of novels, Amitav Ghosh pano...

by Pankaj Mishra | On 10 Aug 2013

Examining Private Participation in Embankment Maintenance in the Indian Sundarbans

This paper analyses the complementarities between land productivity and conservation investments in the context of river embankment maintenance in the Indian Sundarbans.[SANDEE]. URL:[http://www.san...

by Prasenjit Sarkhel | On 06 Jun 2013

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

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

by K.S. Kavi Kumar | On 23 May 2013

What Is Wrong With Kerala’s Education System?

The question that is increasingly being posed is whether Kerala's education can continue to play a major role in the future without keeping up with the vast changes taking place in all disciplines. It...

by K.K. George | On 25 Apr 2013

The Political Economy of Food Pricing Policy in China

The overall goal of this paper is to analyse the political economy of food price policies in China during the global food crisis. The results show that given China’s unique economic and political co...

by Jikun Huang | On 18 Apr 2013

Promoting Democracy in Myanmar: Political Party Capacity Building

The importance of the political parties in Myanmar and their role as the creators of the future of the country. The course of the present developments relies on the ability of the political parties....

by Aung Aung (IR) | On 09 Apr 2013

Employment Effects of Low-Skilled Immigrants in Korea

This study examines the impact of inflows of foreign workers on Korean natives’ economic performance – namely, employment – through the Employment Permit System, the basis of Korea’s system by which...

by Jungho Kim | On 03 Apr 2013

Federal Budget Pakistan: 2012-13

Budget speech by Minister of Finance. [Ministry of Finance]. URL:[http://www.finance.gov.pk/budget/budget_Speech_12_13.pdf].

by Minister of Finance Pakistan | On 22 Mar 2013

Repayment and Exclusion in a Microfinance Experiment

The experiment is designed to explore the effectiveness of such sanctions in improving repayment incentives. Groups of 10 members are provided with joint-liability loans for a specific investment pr...

by Jean Marie Baland | 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

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

Railway Budget Speech 2013-14

Speech of Sh. Pawan Kumar Bansal. URL:[http://www.indianrailways.gov.in/railwayboard/uploads/directorate/finance_budget/Budget_2013-14/English_Speech_2013-14.pdf].

by Sh. Pawan Kumar Bansal | On 26 Feb 2013

Indian Special Economic Zones: The Difficulties of Repeating China’s Triumph

New Delhi launched its SEZ revolution in April 2000 to secure the country a two digit growth rate, copying from China what during the previous two decades proved to be an excellent strategy, this pa...

by Claudia Astarita | On 21 Feb 2013

The Companies Bill, 2011: FIfty-Seventh Report

According to the Ministry of Corporate Affairs, most of the recommendations made by the Committee in their earlier Report (21st Report) on the Companies Bill, 2009 have been accepted by the Government...

by Lok Sabha Secretariat | On 12 Feb 2013

Standing Committee on Finance on Companies Bill

The Companies Bill, 2009 was introduced on August 3rd 2009. The Standing Committee presented its report on August 31st 2010. The central government withdrew this Bill in the winter session of 2011. I...

by Parliamentary Research Service PRS | On 11 Feb 2013

Economic Policies and Agricultural Incentives: The Philippine Case

The purpose of this paper is to analyze the impact of economic policies on Philippine agricultural incentives from 1960 up to 1992. Apart from economic policies affecting price incentives, cover publi...

by Cristina C. David | On 24 Jan 2013

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

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

Vital Stats: Parliament in Winter Session 2012

The first half of the Winter Session of Parliament, 2012 was dominated by disruptions over and discussion on the government's notification to allow 51% FDI in the retail sector. The issue was finally...

by Devika Malik | On 21 Dec 2012

Indian Antidumping Measures against China: Evidence from Monthly Trade Data

This paper provides a detailed analysis of trade flows between the two emerging economies and investigates on which type of products and in which sectors the Indian government applies antidumping m...

by Hylke Vandenbussche | On 23 Nov 2012

Foreign Investment in Farmland No Low-hanging Fruit

A key driver of foreign investment in land, food security is a challenge mankind has been confronted with in various times and places. Wherever human societies have developed, growing needs have led t...

by Claire Schaffnit Chatterjee | On 15 Nov 2012

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

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

by Planning Commission | On 05 Oct 2012

On China’s Traditional Culture and Peaceful Development Strategy

This article discusses the cultural basis and origins of the idea of this strategy from the point of view of China’s traditional culture and historical development and analyzes the the reality of C...

by Wang Dewen | On 27 Sep 2012

Creating a Vibrant Entrepreneurial Ecosystem in India: Report of the Committee on Angel Investment and Early Stage Venture Capital

Even though the economic and social benefits of thriving entrepreneurship and innovation are evident, it is critical to recognize that these benefits will only accrue if the key gaps in the ecosystem...

by Planning Commission | On 31 Aug 2012

Coordinating Healthcare and Pension Policies: An Exploratory Study

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

by Azad Singh Bali | On 20 Aug 2012

Issues in Development Studies in the 21st Century

Review of the book Challenges for Development in 21st Century by Ruby Ojha, B.R. Publications, 2011.

by Vibhuti Patel | On 14 Aug 2012

Averting an Impending Storm: Can We Reengineer Health Systems to Meet the Needs of Aging Populations?

The proportion of elderly in the world population is increasing. Health systems across the globe are ill prepared to meet the needs of aging populations. The needs of the elderly are different from t...

by Arlene S Bierman | On 08 Aug 2012

Estimation of Discount Factor ß and Coefficient of Relative Risk Aversion ? in Selected Countries

The long-run discount factor for a group of developed and developing countries is estimated through standard methodology incorporating adaptive expectations of inflation. In the second part, while con...

by Waqas Ahmed | On 07 Aug 2012

Structuring the Dedicated Freight Corridor Project a Lost Opportunity

This paper explores the evolution of two dedicated freight corridors in India (covering a distance of around 3300 kilometers), and critique them from the perspective of delivering the intended rail...

by Sobhesh Kumar Agarwalla | On 31 Jul 2012

New Thinking on Corporate Bond Market in India

What are major factors behind underdevelopment of corporate bond market in India? One of the major bottlenecks to the development of this market lies in relatively larger costs of financing which diss...

by Sanjay Banerji | On 17 Jul 2012

Climate Change Mitigation and Green Growth in Developing Asia

Developing Asia is the driver of today's emissions intensive global economy. As the principle source of future emissions, the region is critical to the task of global climate change mitigation. Reflec...

by Stephen Howes | On 16 Jul 2012

How Close Does the Apple Fall to the Tree? Some Evidence on Intergenerational Occupational Mobility from India

Using data from the India Human Development Survey (IHDS) 2005, intergenerational occupational mobility in India is examined, an issue on which very few systematic and rigorous studies exist. Individ...

by Sripad Motiram | On 12 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

India's SEZ Policy

Over the last few decades India has emerged as an economic giant. In 2000 the Special Economic Zone (SEZs) policy became part of a strategy to maintain high growth and promote India’s manufacturing ...

by Ebba Mårtensson | On 11 Jul 2012

Intra- and Inter-national University-Industry Linkage and Innovation in Emerging Economies: Evidence from China

The different role of intra- and inter-national university-industry collaboration in industrial innovation in emerging economies are investigated. Based on a national firm-level survey database from...

by Xiaolan Fu | On 09 Jul 2012

Small Farmers in India: Challenges and Opportunities

This paper examines the roles and challenges of small holding agriculture in India. It covers trends in agricultural growth, cultivation patterns, participation of small holding agriculture, productiv...

by S. Mahendra Dev | On 06 Jul 2012

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

Estimation of Capacity Utilisation in Indian Industries: Issues and Challenges

The estimation of capacity utilisation (CU) derives its significance from the fact that, if properly assessed, it may provide a reliable indication of incipient inflationary pressure in an economy. Me...

by Atri Mukherjee | On 09 May 2012

Up in Smoke: The Influence of Household Behavior on the Long-Run Impact of Improved Cooking Stoves

It is conventional wisdom that it is possible to reduce exposure to indoor air pollution, improve health outcomes, and decrease greenhouse gas emissions in the rural areas of developing countries thro...

by Rema Hanna | On 03 May 2012

The People’s Republic of China’s High-Tech Exports: Myth and Reality

The PRC’s leading position in high-tech exports is a myth created by outdated trade statistics which are inconsistent with trade based on global supply chains. It is argued that a value-added-based ap...

by Yuqing Xing | On 27 Apr 2012

Behavior of Remittance Inflows and its Determinants in Bangladesh

The paper examines the determinants of remittance inflow by applying ordinary least square method (OLS). The model include the weighted average GDP of the six (Saudi Arabia (KSA), United Arab Emirat...

by Mst. Nurnaher Begum | On 24 Apr 2012

Exports of Services: Indian Experience in Perspective

India’s experience with exporting services is examined. The country’s experience is distinctive in that services, especially modern tradable services, comprise a significantly larger share of GDP tha...

by Barry Eichengreen | On 23 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

Brides for Sale: Cross-Border Marriages and Female Immigration

Every year, a large number of women immigrate as brides from developing countries to developed countries in East Asia. This phenomenon virtually did not exist in the early 1990s, but foreign brides...

by Daiji Kawaguchi | On 16 Apr 2012

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

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

Uses and Misuses of Statistics

Statistics is used in our day to day life. Examples are there to show that statistics is misused in many. This can happen when people are information illiterate. [Address at DST-CIMS, BHU on Mar 20, 2...

by Chakrabarty K C | On 27 Mar 2012

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

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

Budget Speech 2012-2013: India

Speech of Pranab Mukherjee Minister of Finance, India. [Budget Speech]. URL:[http://indiabudget.nic.in/ub2012-13/bs/bs.pdf].

by Pranab Mukherjee | On 16 Mar 2012

Railway Budget 2012

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

by Rohit Kumar | On 16 Mar 2012

The Second Fundamental Theorem of Positive Economics

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

by Anjan Mukherji | On 15 Mar 2012

Outline of the 12th Five Year Plan: Plan for Development of Trade in Services

To greatly develop trade in services and realize the transition from a big trade country to a strong trade country, the 12th Five Year Plan is formulated based on Outline of the 12th Five Year Plan f...

by Ministry of Commerce China | On 15 Mar 2012

Railway Budget 2012-2013

Budget 2012-2013

by Dinesh Trivedi | On 14 Mar 2012

The Global Race for Excellence and Skilled Labour: A Status Report

In this context, higher education as well as research and development (R&D) have long since ceased to be purely the domain of the developed Western economies. Numerous regions of the world, some in th...

by Ingo Rollwagen | On 09 Mar 2012

How has the Indian Corporate Sector Responded to Two Decades of Economic Reforms in India? An Exploration of Patterns and Trends

In the context of various policy initiatives made during the last two decades to reform the Indian economy in general and corporate sector in particular, the present paper attempts to assess how the...

by Rakesh Basant | On 07 Mar 2012

Capital Accumulation and Convergence in a Small Open Economy

Outward-oriented economies seem to grow faster than inward-looking ones. Does the literature on convergence have anything to say on this? In the dynamic Heckscher-Ohlin-Samuelson model, with factor-pr...

by Partha Sen | On 28 Feb 2012

Terms of Trade and Its Implications: Bangladesh Perspective

This paper explores the key reasons behind the movements in the terms of trade and the real net gain and loss from trade in the long run. Like some selected Asian countries (Vietnam, China and South...

by Mohammad Masuduzzaman | On 23 Feb 2012

Towards a Model for Analyzing the Impact of Macroeconomic Adjustment Policies on Households: A Review of Empirical Household Models in the Philippines

The paper has two objectives, namely: (a) determine and assess how existing empirical household models are able to capture the effects of changes in the macroeconomic variables on the welfare of the...

by Aniceto C. Orbeta Jr. | On 17 Feb 2012

Economics of Mango Cultivation

The paper is based on "Commodity Specific Study on Mango" undertaken by NABARD in the states of Andhra Pradesh, Maharashtra and West Bengal. For the study, A total sample of 186 respondents was sele...

by G.D. Banerjee | On 17 Feb 2012

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

Economic Growth, Comparative Advantage, and Gender Differences in Schooling Outcomes: Evidence from the Birthweight Differences of Chinese Twins

Data from two surveys of twins in China are used to contribute to an improved understanding of the role of economic development in affecting gender differences in the trends in, levels of, and retur...

by Mark Rosenzweig | On 13 Feb 2012

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

Causal Relationship between Saving, Investment and Economic Growth for India – What does the Relation Imply?

This study investigates the relationship between saving, investment and economic growth for India over the period 1950-51 to 2007-08. The literature on the role of saving in promoting economic growt...

by Ramesh Jangili | On 09 Feb 2012

Comparing the Technical Efficiency of Indian Banks Operating Abroad and Foreign Banks Operating in India: A Stochastic Output Distance Function Approach

The aim of this paper is to compare the technical efficiency of Indian Banks operating abroad and foreign banks operating in India and to investigate the effect of openness of the country, ownership...

by Vivek Kumar | On 08 Feb 2012

Bank Lending and Monetary Shocks: Evidence from a Developing Economy

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

by M. Ali Choudhary | On 08 Feb 2012

Human Rights in Malaysia: Challenges and Constraints in the Malaysian Context

The paper discusses some of the main human rights areas of concern within Malaysia, over the years. [Working Paper Series No. 12]. URL:[http://www.ieas.unimas.my/images/stories/hirmanritom.pdf].

by Mohammad Hirman Ritom Abdullah | On 07 Feb 2012

Foreign R&D Centres in India: An Analysis of their Size, Structure and Implications

The study measures the contribution of MNCs to the generation of innovations from India. The focus is on innovations that are carried out in foreign R&D Centres. After having mapped out the size of...

by Rakesh Basant | On 06 Feb 2012

Estimating the Middle Class in Pakistan

Using the Pakistan Social and Living Measurement Survey (PSLM), conducted in 2007-08, the paper measures the magnitude of the middle class (definition given by Thurow (1987); Birdsall, Graham and Pe...

by Durr-e- Nayab | On 06 Feb 2012

Fiscal Policy in India: Trends and Trajectory

This essay examines the trajectory of India?s fiscal policy with a focus on historical trends, fiscal discipline frameworks, fiscal responses to the global financial crisis and subsequent return to a...

by Supriyo De | On 31 Jan 2012

“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

Child Gender And Parental Investments In India: Are Boys And Girls Treated Differently?

Although previous research has not always found that boys and girls are treated differently in rural India, son-biased stopping rules imply that estimates of the effect of gender on parental investmen...

by Silvia H. Barcellos | On 30 Jan 2012

A Study on Emigration Attitudes of Young Singaporeans (2010)

The study examines the intention to work abroad based on a representative sample of young Singaporeans residing in the city-state. Two thousand and thirteen Singaporeans between the age of 19 to 30 ye...

by Leong Chan Hoong | On 27 Jan 2012

Macroeconomic and Monetary Developments Third Quarter Review 2011-12

The Growth outlook has weakened as a result of adverse global and domestic factors that have been mentioned above. Business and consumer confidence has been impacted. Professional forecasters now...

by Reserve Bank of India RBI | On 25 Jan 2012

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

Report of the Task Force on Irrigation

The Task Force has identified that there is a need to re-assess the ultimate irrigation potential in the country. The report identifies that there is a need to increase irrigation efficiency and has s...

by Planning Commission | 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

Foreign Direct Investment and Economic Growth in Pakistan: A Sectoral Analysis

This paper establishes an empirical relationship between industry -specific foreign direct investment (FDI) and output under the framework of Granger causality and panel cointegration for Pakistan o...

by Muhammad Arshad Khan | On 03 Jan 2012

Vital Stats: Parliament in 2011

The year in Parliament was characterised by frequent disruptions and protests over a host of issues. The issue of the establishment of a Lokpal prompted both disruption as well as intense debate. A...

by Rohit Kumar | On 02 Jan 2012

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

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

by Kusum Malik | On 30 Dec 2011

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 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

Redifining Food Security in the Face of Foreign Land Investors: The Philippine Case

This paper proposes to redefine food security in terms of protecting vulnerable populations from the structural violence of involuntary hunger. [NTS-Asia Research Paper No.6]. URL:[http://www.rsis.edu...

by Ben Shepherd | On 23 Dec 2011

Seasonal Migration and Risk Aversion

Pre-harvest lean seasons are widespread in the agrarian areas of Asia and Sub-Saharan Africa. Every year, these seasonal famines force millions of people to succumb to poverty and hunger. An incentive...

by Gharad Bryan | On 20 Dec 2011

The Welfare Impacts of Leasehold Forestry in Nepal

The study analyzes the role of the leasehold forestry (LHF) program in improving household welfare in Nepal. Both the time saved in biomass collection and the addition to income through increases in b...

by Bishnu Prasad Sharma | On 15 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

Report Summary: Standing Committee on Commerce Report on FDI in Retail Sector (June 2009)

The Parliamentary Standing Committee on Commerce examined the subject of Foreign and Domestic Investment in the Retail sector beginning April 5, 2007 under the chairmanship of Dr. Murli Manohar Joshi....

by Anirudh Burman | On 05 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

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

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

Geographical Agglomeration of Indian and Chinese Multinationals in Europe: A Comparative Analysis (Preliminary version)

The outward FDI from emerging economies to developed countries is of great interest to international business researchers and policy makers, also with regard to their location and sectoral patterns....

by Haiyan Zhang | On 21 Nov 2011

In Search of Growth

With deep crisis weakening potential output growth, the need for an explicit growth policy is emerging most starkly in Japan, the EU and the US. If properly shaped, this will help to consolidate bud...

by Klaus Deutsch | On 21 Nov 2011

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 Determinants of Export Performance of China's Township-Village Enterprises

The rapid export growth of China's township-village enterprises (TVEs) has not been well understood and explained. Using a simple analytical model and exploring a unique dataset on China's TVEs the...

by Changqi Wu | On 08 Nov 2011

German Companies Engaging in China: Decision-Making Processes at Home and Management Practices in Chinese Subsidiaries

This paper attempts to explain why internationalization processes to China are growing despite the significant difficulties that foreign direct investments into China encounter. The answer to this q...

by Geny Piotti | On 04 Nov 2011

Agriculture, Food, and Water Nanotechnologies for the Poor: Opportunities and Constraints

This brief presents a review of the potential opportunities and challenges of using nanotech applications for agriculture, food, and water in developing countries. [IFPRI Policy Brief 19]. URL:[http...

by Guillaume Gruère | On 01 Nov 2011

Complex, Historical, Self-reflexive: Expect the Unexpected!

The object world of the social sciences is complex, historical and self-reflexive. It generates nonlinear effects, it is unique, and it is able to understand the theories developed about it and resp...

by Sandra Mitchell | On 01 Nov 2011

Unilateral Carbon Border Measures: Key Legal Issues

Parties to the United Nations Framework Convention on Climate Change (UNFCCC) have been engaged in discussions on the future of the climate change regime. While the principle of “common but differenti...

by Anuradha R. V. | On 01 Nov 2011

Macro-Economic Policy Outcomes and Agriculture Relation between Fiscal Deficits and Investment in Agriculture

In an earlier paper (Alagh, Munish, 2011) it was shown that macro economics matters in agriculture. The relevance of understanding the impact of macro-economic policy on agriculture was outlined. A...

by Munish Alagh | On 24 Oct 2011

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

Knowledge Flows and Capability Building in the Indian IT Sector: A Comparative Analysis of Cluster and Non-Cluster Locations

In this study, a comparative analysis of the role of knowledge flows in capability formation among firms in the Indian Information Technology sector (IT sector) across cluster and non-cluster location...

by Rakesh Basant | On 13 Oct 2011

Competition for Foreign Capital: Endogenous Objective, Public Investment and Tax

In this paper the objective functions of the regions as well as their decision to provide public investment are endogenized in a model of competition for foreign owned mobile capital. It is demonstra...

by Rupayan Pal | On 04 Oct 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

Innovation and Entrepreneurship in Developing Countries

How does innovation impact on development? How, and under what conditions, do entrepreneurs in developing countries innovate? And what can be done to support innovation by entrepreneurs in develo...

by Wim Naude | On 16 Sep 2011

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

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

Returns to Education in India: Some Recent Evidence

This paper estimates returns to education in India using a nationally representative survey. The standard Mincerian wage equation separately for rural and urban sectors is estimated. To account for th...

by Tushar Agrawal | On 06 Sep 2011

The Seed and Agricultural Biotechnology Industries in India: An Analysis of Industry Structure, Competition, and Policy Options

This paper examines the structure of India’s cereal seed and agbiotech industries, its potential effects on innovation and social welfare, and the policies that may improve both industry performance a...

by David J Spielman | On 31 Aug 2011

The Gender Implications of Large-Scale Land Deals

Whether viewed as “land grabs” or as agricultural investment for development, large-scale land deals by investors in developing countries are generating considerable attention. However, investors,...

by Julia Behrman | On 29 Aug 2011

Trans-border Identities: (A Study on the Impact of Bangladeshi and Nepali Migration to India)

This paper deals with migration into India from adjoining neighbours and its impact on security and other issues of national interest. Unlike other studies on migration, it focuses on the ethnic ident...

by Subhakanta Behera | On 26 Aug 2011

Reforms in Indian Agro-processing and Agriculture Sectors in the Context of Unilateral and Multilateral Trade Agreements

In this paper, the potential impacts of trade and investment-related policy reforms on India’s agro-processing sector is explored. The direct effects of policy reforms within the processing sector, an...

by A. Ganesh-Kumar | On 22 Aug 2011

Public Investment in Agricultural and GDP Growth: Another Look at the Inter Sectoral Linkages and Policy Implications

The crowding-in phenomenon together with inter-sectoral linkages is used in this paper to examine the effect of higher public investment for agriculture on the stable growth of this sector as well as...

by Harish Mani | On 17 Aug 2011

Foreign Direct Investment and Technology Spillover: An Evaluation Across Different Clusters in India

The paper attempts to explore the technology spillover effects of Foreign Direct Investment (FDI) in Indian manufacturing industries across different selected clusters in India. To measure the spillov...

by Pami Dua | On 12 Aug 2011

Indian Education System – Issues and Challenges

The role played by Reserve Bank of India (RBI) and the banking system in India in strengthening education system. Realizing the importance of education for the economic development and the overall liv...

by Chakrabarty K C | On 10 Aug 2011

In the Shadow: Illegal Markets and Economic Sociology

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

by Jens Beckert | On 05 Aug 2011

Treatment of Valuables as Capital Formation in India: Some Issues and Perspectives

As per UNSNA recommendations, valuables as a separate item had been introduced in the expenditure side of GDP. Since India is one of largest importer and user of gold for various purposes, this trea...

by Rakesh Kumar | On 04 Aug 2011

Food Quality in Domestic Markets of Developing Economies: A Comparative Study of two Countries

Food quality has become an important determinant of success in global food trade and growers for international markets have to continuously adjust to buyers’ requirements. It is however not clear to w...

by Anneleen Vandeplas | On 03 Aug 2011

Efficiency and Productivity Growth in Indian Banking

This paper attempts to examine technical efficiency and productivity performance of Indian scheduled commercial banks, for the period 1979-2008. A model is constructed using multiple output/multiple i...

by S S Rajan | On 03 Aug 2011

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

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

Understanding Foreign Direct Investment in East Asia

The authors recount East Asia's experience with foreign direct investment (FDI). They document that, contrary to the Rybczynski theorem, capital flows in the region cause the host country's labor-inte...

by Willem Thorbecke | On 04 Jul 2011

Report of Fact-finding Team on Threat of Displacement of Naga River Village [Kabo Leikai], Imphal

National Integration Council member and Secretary General of All India Christian Council, Dr. John Dayal appeals Indian National Congress President Mrs Sonia Gandhi to intervene Manipur government’s t...

by All India Christian Council | On 04 Jul 2011

Tailored Aid for a Tailored Age?

In this short essay, senior fellow David Wheeler compares the world’s foreign assistance architecture to how the rest of the world operates in the digital age. He suggests that multilateral and bilat...

by David Wheeler | On 24 Jun 2011

Structural Changes in Economics during the Last Fifty Years

The pre-classical economics, if this term can be used to denote an enquiry regarding the system of livelihood of the people and forces determining their prosperity that existed before the rise of sc...

by S.K. Mishra | On 23 Jun 2011

Challenges and Opportunities in a Trillion Dollar Economy

The Indian economy reached the trillion US dollar GDP milestone in 2007 and joined other countries of the trillion dollar club, namely, the US, UK, Japan, Germany, China, France, Italy, Spain, Canada,...

by Chakrabarty K C | On 21 Jun 2011

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

Aggregate Net Financial Flows to India: The Relative Importance of Private Loan vis-a-vis Foreign Direct Investments

In recent years perhaps in a un-precendented fashion development relating to India's external sector have captured the undivided attention of domestic as well as foreign observers. In India considerab...

by Sunil Mani | On 03 Jun 2011

Globalization Crises, Trade, and Development in Vietnam

Vietnam has been among the most successful East Asian economies, especially in weathering the external shocks of recent globalization crises—the 1997-98 Asian financial crisis and the 2008-09 great...

by Philip Abbott | On 02 Jun 2011

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

Demand or Supply for Schooling in Rural India?

Is the poor human capital investment by rural Indian families primarily a supply side or a demand side issue? School attendance and total human capital investment time (time in school plus travel ti...

by Sripad Motiram | On 01 Jun 2011

The Impact of Foreign Direct Investment on Developing Countries’ Terms of Trade

This paper first shows that important economic arguments in favor of the Prebisch- Singer hypothesis of falling terms of trade of developing countries have implicitly relied on the role of multinat...

by Konstantin M. Wacker | On 20 May 2011

Financial Sector Legislation: (Random) Lessons from (Random) Experinces

In this distinguished lecture on Law and Economics, the author shares the lessons in economics that he has learnt from random experiences of the same. [IGDIR PP-067] URL: [http://www.igidr.ac.in/pdf/p...

by Y. Venugopal Reddy | On 18 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

What Determines the Academic and Professional Participation of Economists?

A casual overview of rankings of economics departments and economists conducted by Internet Documents in Economics Access Service (IDEAS) would reveal that economists of some countries participat...

by S.K. Mishra | On 17 May 2011

What Constrains Business? The Role of the ‘Single Window’ in Gujarat, India

The investment climate of a region reflects the location specific factors that provide opportunities and incentives for firms to invest, create jobs, and expand. A good investment cl...

by Errol D'souza | On 11 May 2011

Has India Emerged? Business Cycle Stylized Facts from a Transitioning Economy

This paper presents a comprehensive set of stylised facts for business cycles in India from 1950 - 2009. India's business cycle in the pre 1991 economy is compared with the post 1991 Indian economy,...

by Ila Patnaik | On 27 Apr 2011

Is Economic Growth Associated with Reduction in Child Undernutrition in India?

Economic growth is widely perceived as a major policy instrument in reducing childhood undernutrition in India. The association between changes in state per capita income and the risk of undernutriti...

by Malavika A Subramanyam | On 13 Apr 2011

Financing Pattern of Indian Corporate Sector Under Libaralisation: With Focus on Acquiring Firms Abroad

An attempt has been made in this paper to analyse the financing pattern of Indian corporate sector during 1990-2009. This paper further seeks to identify the pattern of resource mobilisation of Ind...

by P L Beena | On 08 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

Causality between Foreign Direct Investment and Tourism: Empirical Evidence from India

This paper investigates the causal link between foreign direct investment and tourism in India by employing the Granger causality test under a VAR framework. A one-way causality link is found from f...

by Saroja Selvanathan | On 24 Mar 2011

Locational Determinants of Acquisitions from China and India:The Role of Human Capital

MNEs are increasingly seeking to augment, as well as exploit, their global competitive advantage. Foreign direct investments are being directed to augmenting the competitive ownership specific...

by De Beule Filip | On 23 Mar 2011

Foreign Direct Investment in East Asia and Latin America: Is there a People’s Republic of China Effect?

In recent years, the People’s Republic of China (PRC) has emerged as the world’s largest recipient of foreign direct investment (FDI). Many analysts and government officials in the developing world...

by Busakorn Chantasasawat | On 22 Mar 2011

Link between Exporting and Productivity: Firm Level analysis for Indian Chemical Industry

The objective of the paper is to test the empirical regularity that exporters are more productive than non-exporters in India. TFP is calculated from the Cobb-Douglas Production function using a fixe...

by Vinish Kathuria | On 21 Mar 2011

Trade in Services and Human Development: A First Look at the Links.

Some services directly produce outputs that are important for human development, such as basic human services. Many other services are important inputs into the production and distribution of goods th...

by Ben Shepherd | 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

Sri Lanka Budget 2011-12

Budget speech by Finance Minister.

by Ministry of Finance and Planning Sri Lanka | On 17 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

Enhancing Development through Policy Coherence

Policy coherence implies that donors in pursuing domestic policy objectives should avoid adversely affecting the development prospects of poor countries. To achieve policy coherence donors and multila...

by Amelia U. Santos Paulino | On 14 Mar 2011

Track Record of Microfinance for the Poor

Major investments have been made in developing microfinance in Asia with reducing poverty as one of the frequently stated objectives. A variety of institutional forms of microfinance are being introdu...

by Richard Meyer | On 14 Mar 2011

The Global Impact of the Southern Engines of Growth: China, India, Brazil and South Africa

This Policy Brief focuses on links between the developing countries of Brazil, India, China and South Africa and the global economy, with a special emphasis on the implications of China’s spectacular...

by Amelia U. Santos Paulino | On 11 Mar 2011

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

The Miracle of Microfinance? Evidence from a Randomized Evaluation

Microcredit has spread extremely rapidly since its beginnings in the late 1970s, but whether and how much it helps the poor is the subject of intense debate.This paper reports on the first randomize...

by Abhijit Banerjee | On 10 Mar 2011

Future Role of Foreign Banks in Asia

Although the Asian Crisis has brought consensus on the necessity of strong domestic financial systems, there is less agreement as to the role of foreign banks in achieving the goals of economic grow...

by Heather Montgomery | On 10 Mar 2011

Round-Tripping Foreign Direct Investment in the People’s Republic of China

There is no doubt that part of foreign direct investment (FDI) inflows to the People’s Republic of China (PRC) FDI belongs to the return of Chinese capital that has gone abroad. The World Bank and o...

by Xiao Geng | On 08 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

The Uses of Economic Theory: Against a Purely Positive Interpretation of Theoretical Results

Economists are excessively influenced by the so-called positive economics view, which says that economists should only describe and not prescribe. Here the author argue that this view is flawed beca...

by Abhijit V. Banerjee | On 04 Mar 2011

An Ethnobiography of Teyyam Performance from a Practitioner’s Perspective

Rajesh Komath gives a description the conflicts between his socio-material position as a Teyyam performer, and persona/personality as a student of economics.

by Smriti Vohra | On 26 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

Budget Manual

The Budget process of India predates the independence. The Budget was first introduced on 7th April, 1860, two years after the transfer of Indian administration from East-India Company to British Crow...

by Ministry of Finance | On 22 Feb 2011

Budget Expectations

Budget expectations from various sectors are given. URL:[ http://www.myiris.com/newsCentre/storyShow.php?fileR=20110217120638043&secID=fromnewsroom&secTitle=From the News Room&dir=2011/02/17].

by IRIS India IRIS | On 21 Feb 2011

Open Budget Survey 2010

The Open Budget Survey is the only independent and comparative measure of government budget practices, with its rigorous approach receiving substantial praise from international public finance experts...

by Vivek Ramkumar | On 17 Feb 2011

Mixed Duopoly and Environment

They show under general demand and cost conditions that in a mixed duopoly with pollution the government can (and will) implement the socially optimal outputs and abatements by a tax-subsidy scheme...

by Rupayan Pal | On 16 Feb 2011

Sustainability of External Development Financing to Developing Countries

External development finance consists of those foreign sources of funds that promote or at least have the potential to promote development in the destination countries if delivered in the appropriate...

by Matthew Odedokun | On 14 Feb 2011

Valuing the Environment in Developing Countries: Modeling the Impact of Distrust in Public Authorities’ Ability to Deliver on the Citizens’ Willingness to Pay for Improved Environmental Quality

This paper employs the choice experiment method to estimate local  citizens’ valuation of a public intervention which proposes to improve the  quality of an important environmental resource, namel...

by Ekin Birol | On 09 Feb 2011

Regulating Bioprospecting: Institutions for Drug Research, Access and Benefit-Sharing

This policy brief summarizes the main arguments and conclusions of a forthcoming book by United Nations University Press, which examines the regulation of bioprospecting for drug research from an inte...

by Padmashree Gehl Sampath | On 08 Feb 2011

How Effciently is Capital Allocated? Evidence from the Knitted Garment Industry in Tirupur

This paper studies the effect of community identity on investment behavior in the knitted garment industry in the South Indian town of Tirupur. [BREAD Working Paper No. 004] URL: [http://ipl.econ.duk...

by Abhijit Banerjee | On 03 Feb 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

On the Economics of Regional Powers: Comparing China, India, Brazil, and South Africa

As the conception of and debates on regional powers have been led by political science, this paper aims to contribute to the discussion from an economics perspective. Based on the discussion of differ...

by Robert KAppel | On 28 Jan 2011

Consultation Paper on Encouraging Telecom Equipment Manufacturing in India

How the telecom manufacturing value chain needs to be altered to benefit the Indian telecom industry and the country and what needs to be done to make India a telecom manufacturing powerhouse.

by Telecom Regulatory Authority of India TRAI | On 27 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

Voluntary Contribution in the Field: An Experiment in the Indian Himalayas

In this paper is a study of trend of voluntary contribution for community services in the Indian Himalayan region. The study is done by using an experimental game method of face-to-face communication...

by Sujoy Chakravarty | On 25 Jan 2011

On the Causal Links between FDI and Growth in Developing Countries

In this paper they analyse the Granger causal relationships between foreign direct investment (FDI) and GDP in a sample of 31 developing countries covering 31 years. Using estimators for heteroge...

by Henrik Hansen | On 18 Jan 2011

Globalization and the Human Development Trap

The feeble results of liberalization policies in Latin America are explained in terms of a multiple steady state model including a dynamic human development trap, endogenous technological change, ...

by David Mayer- Foulkes | On 13 Jan 2011

Foreign Direct Investment in Small Island Developing States

The role of foreign direct investment (FDI) in small island developing states (SIDS) is an issue that has been neglected until relatively recently. The reasons for this lack of interest are unsurp...

by Robert Read | On 12 Jan 2011

Firm Location Choice in Cities: Evidence from China, India, and Brazil

In this paper they use large survey data sets of firms provided by the World Bank for China, India, and Brazil—Investment Climate Surveys—to address the important question: what determines the loc...

by Kala Seetharam Sridhar | On 12 Jan 2011

Monetary Policy, Capital Flows, and the Exchange Rate

The use of monetary policy in India has been constrained by a loose fiscal policy and capital flows. Capital inflows have the potential to cause a Dutch Disease-type situation. The RBI has carried out...

by Partha Sen | On 06 Jan 2011

Transforming Conflict with an Economic Dividend: The Sri Lankan Experience

Peace can generate an economic dividend, which can be further increased by appropriate economic reform. This dividend can in turn be used to raise popular support for conflict resolution measures...

by Saman Kelegama | On 31 Dec 2010

Toward the Enhanced Effectiveness of Foreign Aid

At the very time that professional skepticism concerning the effectiveness of foreign aid has reached new heights, donors seem to be ready to substantially increase the volume of aid they are will...

by Gustav Ranis | On 30 Dec 2010

Profitability of BRAC-financed Projects: A Study of Seven Microenterprises in Matlab

The basic objective of this study was to look at the profit rates made by VO members once they have made investments in projects financed through BRAC loans. BRAC’s twin objectives of employment and ...

by Hassan Zaman | On 28 Dec 2010

Assailing Poverty and Patriarchy: How does Small Money Fare?

This report is based on the findings of the case tracking study of 35 BRAC borrowers from Matlab RDP over a period of one year. Tracking began in July, 1996, and in all cases more than three months...

by Monirul Islam Khan | On 23 Dec 2010

It Works; It Doesn’t; It Can, But That Depends…: 50 Years of Controversy over the Macroeconomic Impact of Development Aid

This paper surveys 50 years of empirical research on the macroeconomic impact of aid, looking mainly at studies examining the link between aid and growth. It argues that studies dating until the l...

by Mark McGillivray | On 16 Dec 2010

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

Cash on Delivery: A New Approach to Foreign Aid

Foreign aid often works, but it is often criticized for being ineffective or even for undermining progress in developing countries. This brief describes a new approach, Cash on Delivery Aid, which...

by Nancy Birdsall | On 13 Dec 2010

People’s Republic of China and its Neighbors: Partners or Competitors for Trade and Investment?

The very rapid economic growth of the People’s Republic of China (henceforth PRC), its dramatic success in world export markets and its heavy receipts of foreign direct investment (FDI) have generat...

by John Weiss | On 10 Dec 2010

More than Money: Impact Investing for Development

Much of development policy is geared toward increasing investment and creating the conditions that allow private capital flows to take the place of development assistance. The renowned development s...

by John Simon | On 10 Dec 2010

The Dynamics of Farmers’ Market: A Case Analysis of “Uzhavar Sandhai” of Tamil Nadu

The paper is a study to examine the impact of Uzhavar Sandhai on farmers' standards of living. It also gives some insightful policy suggestions.

by Murali Kallummal | On 09 Dec 2010

Asian Century: A Comparative Analysis of Growth in China, India and other Asian Economies

The paper argues that if the Chinese economy had failed, mainstream economics would have described this as completely predictable, given the extent and nature of involvement of the Chinese state in th...

by Kaushik Basu | On 06 Dec 2010

Commitment to Development Index 2010

The Commitment to Development Index (CDI) ranks 22 of the world’s richest countries on their dedication to policies that benefit the five billion people living in poorer nations. Moving beyond standar...

by David Roodman | On 29 Nov 2010

Thailand’s Commercial Banks’ Role in Financing Dams in Laos and the Case for Sustainable Banking

This paper puts forward the case for Thailand’s commercial banks to move towards more sustainable banking practices that proactively contribute towards socially and environmentally sustainable and j...

by Carl Middleton | On 25 Nov 2010

Mega projects in India Environmental and Land Acquisition Issues in the Road Sector

Mega projects (primarily infrastructure) receive a sizable investment (~10%) of the gross fixed capital formation in India. Environmental clearances and land acquisitions have been the two major rea...

by G. Raghuram | On 25 Nov 2010

FDI Outflows from India: An Examination of the Underlying Economics, Policies and their Impacts

This paper discusses the trends in India's outward FDI over the last decade and then attempts to identify the driving factors for the same. The aim is to provide policy makers with insights regardin...

by Ravi Subramanian | On 24 Nov 2010

The Composition of Aid and the Fiscal Sector in an Aid-Recipient Economy: A Model

Building on recent work in the fiscal response literature, the present paper develops a new fiscal response model, which, for the first time in the relevant literature, combines the ideas of both en...

by George Mavrotas | On 24 Nov 2010

Convergence Club Empirics: Some Dynamics and Explanations of Unequal Growth across Indian States

This paper documents the convergence of incomes across Indian states over the period 1965 to 1998. It departs from traditional analyses of convergence by tracking the evolution of the entire income...

by Sanghamitra Bandyopadhyay | On 22 Nov 2010

The Causal Relationship between Information and Communication Technology and Foreign Direct Investment

This paper investigates the simultaneous causal relationship between investments in information and communication technology (ICT) and foreign direct investment (FDI), with reference to its implica...

by Roghieh Gholami | On 22 Nov 2010

Foreign Shareholding: A Decomposition Analysis

A decomposition in the ownership of shares by foreigners is offered into three parts: the change in insider shareholding, the change in market capitalisation and the change in the fraction of outsi...

by Ajay Shah | On 16 Nov 2010

Determinants of Fixed Investment:A Study of Indian Private Corporate Manufacturing Sector

This paper analyses the determinants of fixed investment in the Indian Private Corporate Manufacturing sector for the period 1973-2002, using Annual Survey of Industries Data. It is argued that econ...

by V.R. Prabhakaran Nair | On 16 Nov 2010

Prospects for Regional Cooperation between Latin America and the Caribbean Region and the Asia and Pacific Region: Perspective from East Asia

The Asia and Pacific region and Latin America and Caribbean region are two regions divided not only by vast geographic distance, but also by disparities in economics, politics, culture, and history. M...

by Erlinda M. Medalla | On 04 Nov 2010

Incarnating into Cross-Cultural Values: An Effective way to Deliver Experiences

The present paper examines the cultural orientation of foreign students who secured admission in Osmania University (Andhra Pradesh, India) in terms of time orientation and event orientation, dichot...

by S. V. Satyanarayana | On 03 Nov 2010

Government mediated program on intensifying industry- academia linkages for human resource development; Experiences 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 linka...

by Jancy Ayyaswamy | On 03 Nov 2010

Informalization of Industrial Labour in India: Are labour market rigidities and growing import competition to blame?

Since the 1980s, there has been increasing informalization of industrial labour in India. It has taken two forms: rising share of the unorganized sector in manufacturing employment and informalizatio...

by Bishwanath Goldar | On 03 Nov 2010

Human Capital and Manufacturing Productivity Growth in India

Empirical studies on total factor productivity growth (TFPG) in developing countries highlight trade openness, research and development and market structure as being the most important determinants...

by Vinish Kathuria | On 02 Nov 2010

Rankings of Economics Journals and Departments in India

This paper is the first attempt to rank economics departments of Indian Institutions based on their research output. Two rankings, one based on publications in international journals, and the other b...

by Tilak Mukhopadhyay | On 02 Nov 2010

Skills, Informality and Development

This paper makes an attempt to estimate the index of informal sector employment which can be attributed to the supply-push phenomenon. Factors which explain the inter-state variations include the...

by Dibyendu S. Maiti | On 02 Nov 2010

Human Capital, Labour Productivity and Employment

This paper analyses the importance of human capital in determining the inter-state differences in labour productivity and its growth in India. The paper also examines the impact of human capital d...

by Savita Bhat | On 01 Nov 2010

Going private

Many structural changes have taken place in the economy over the past two decades — a greater share for international trade in GDP, higher savings and investment rates, even increased investment in in...

by T.N. Ninan | On 01 Nov 2010

The Challenges Posed by Globalization for Economic Liberalization inTwo Asian Transitional Countries: Laos and Vietnam

This paper examines the impact of globalization on two transitional economies in Asia. Both countries have undergone a radical economic reform process over the past decade, assisted by increases in...

by Nick. J Freeman | On 01 Nov 2010

Macroeconomic Impacts of Foreign Exchange Reserve Accumulation: Theory and International Evidence

Recently, a dramatic accumulation in foreign exchange reserves has been widely observed in developing countries. This paper explores the possible long-run impacts of this trend on macroeconomic variab...

by Shin-ichi Fukuda | On 01 Nov 2010

Socioeconomic Impacts of Cross-Border Transport Infrastructure Development in South Asia

Although the overall economic performance of economies in South Asia in recent years has been impressive, there is concern that an aging and increasingly inadequate infrastructure may limit the potent...

by John Gilbert | On 01 Nov 2010

Human Capital and Development: A Tale of Two Cities--Software Sector in Hyderabad and Bangalore

This paper discusses the factors that promote clusters and the role of clusters in the generation and spread of human capital The analysis in the paper is based on a comparative study of software fir...

by V. N. Balasubramanyam | On 29 Oct 2010

Impact of Remittances on Poverty in Developing Countries

Remittances are increasingly becoming an important source of external financing for the developing countries. For some of the developing countries, it forms almost 40-50% of their GDP. Though there is...

by Rashmi Banga | On 29 Oct 2010

Understanding NREGA: A Simple Theory and Some Facts

A developing economy like India is often characterised by a labour market with demand and supply of labour and a wage that even if competitively determined may not be adequate for the poor household t...

by Diganta Mukherjee | On 29 Oct 2010

Cross-Border Mergers and Acquisations in India: Extent, Nature and Structure.July 2010

The corporate sector all over the world is restructuring its operations through mergers and acquisitions in an unprecedented manner in order to successfully overcome the challenges posed by globaliz...

by Beena Saraswathy | On 29 Oct 2010

Regional Cooperation, Infrastructure, and Trade Costs in Asia

International trade has played an essential role in Asia’s remarkable growth, development, and integration in recent decades. Infrastructure, both hard and soft, has played an integral part in facil...

by Douglas H. Brooks | On 28 Oct 2010

Asia’s Infrastructure Challenges: Issues of Institutional Capacity

The Asian region has experienced substantial growth over the past several decades. Indeed, a quarter of all world exports now come from East Asia. Strong infrastructure underpinnings have often been...

by Susan Stone | On 28 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

Strategic Choice of Freight Mode and Investments in Transport Infrastructure within Production Networks

In the context of production linkages in which downstream producers require freight services provided by transport operators, the author show that the strategic choice of using an alternative transp...

by Ying Yi Tsai | On 27 Oct 2010

External Economic Situation In India - Recent Trends and Policy Implications

This paper reviews the status of the external sector of the Indian economy. It is divided into 5 broad sections. Section I gives the trends of imports and exports, as well as the composition and dire...

by Archana S Mathur | On 26 Oct 2010

China, India, Brazil and South Africa in the World Economy: Engines of Growth?

This paper attempts to analyse the economic implications of the rise of China, India, Brazil and South Africa, for developing countries situated in the wider context of the world economy. It exami...

by Deepak Nayyar | On 15 Oct 2010

Outsourcing Versus Foreign Direct Investment: A Welfare Analysis

Foreign direct investment may not necessarily be the most welfare enhancing form of international investment. The host country may avail options like – Joint venture, technology licensing, franchi...

by Arti Grover | On 11 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

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

Promoting Learning and Industrial Upgrading in ASEAN Countries

This paper traces the effects of the “East Asian Miracle,” the 1997–1998 Asian Crisis, the recovery, and the 2008–2009 global financial crisis on ASEAN countries. It also considers how ASEAN countries...

by Willem Thorbecke | On 28 Sep 2010

Estimating Demand for Infrastructure in Energy, Transport, Telecommunications, Water and Sanitation in Asia and the Pacific: 2010-2020

This paper estimates the need for infrastructure investment, including energy, transport, telecommunications, water, and sanitation during 2010-2020, in order to meet growing demands for services and...

by Biswa Nath Bhattacharyay | On 27 Sep 2010

Some Notes on the Conceptual Foundations of the MDG Process

Before we can assess where we are with the MDG Process, we need to be clear about what the objectives are of setting the MDGs and the MDG Process. In order to do this, two fundamental questions need t...

by Ravi Kanbur | On 21 Sep 2010

Higher Education in India: Seizing the Opportunity

This paper reviews the prevailing policy environment to evaluate its efficacy in ensuring that India is successfully able to address these challenges in the education sector. Given the well establishe...

by Sanat Kaul | On 17 Sep 2010

The Role of Technological Complexity and Absorptive Capacity in Internalization Decision

Technology transfer costs have a profound influence on the firm’s entry mode into a production sharing relationship. To explore this nexus, they associate technological complexity of the off-shored in...

by Arti Grover | On 14 Sep 2010

Looking Beyond Universal Primary Education: Gender Differences in Time Use among Children in Rural Bangladesh

This paper addresses gender equity in parents‘ educational investments in children in a context of rising school attendance in rural Bangladesh. Our premise is that in addition to factors such as sc...

by Sajeda Amin | On 13 Sep 2010

History Institutions and Economic Performance: The Legacy of Colonial Land Tenure Systems in India

This paper analyze the colonial institutions set up by the British to collect land revenue in India, and show that differences in historical property rights institutions lead to sustained differences...

by Abhijit Banerjee | On 03 Sep 2010

Concentrating Solar Power in China and India: A Spatial Analysis of Technical Potential and the Cost of Deployment

This study provides an in-depth assessment of Concentrating solar power (CSP) potential in China and India using high-resolution spatial data for site selection and modeling of plant performance, ass...

by Kevin Ummel | On 03 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

Sports Retailing in India: Opportunities, Constraints and Way Forward

Sports retail is a small but fast growing segment of modern retail in India. Recently, the country has been hosting many international sports and this has given a boost to this sector. Many foreign...

by Arpita Mukherjee | On 13 Aug 2010

What Singapore Can Learn from Indonesia

This report series is all about the growing recognition that Singapore can also learn from the experiences of Indonesia. [Report No.1]

by H.P. Desker | On 06 Aug 2010

FDI and Human Capital Development

This paper explains importance of human capital skilling, the relation between the FDI and Human Capital development besides the experiences of these two in different regions of the world i.e., Asian...

by P. Srinivas Subbarao | On 04 Aug 2010

Technological Capability as a Determinant of FDI Inflows: Evidence from Developing Asia & India

During 2006-07, FDI inflows into India were more than double than those in 2005-06. Indeed, during April-January 2006-07, inward FDI into India at US$16.4 billion, was far higher than the annual ave...

by Amitendu Palit | On 29 Jul 2010

Integrating Resource-Based and Rational Contingency Views: Understanding Design of Dynamic Capabilities of Organisations

Resource-based view of organisation emphasises that no organisation can be self sufficient and it will always be dependent on the environment for the fulfillment of resource needs. Further, this int...

by Kaushik Roy | On 23 Jul 2010

Regional Economic Integration and FDI in South Asia : Prospects and Problems

The slow progress and modest achievements of regional integration in South Asia have generated a huge amount of skepticism about its role as an effective strategy of growth. The present study, howev...

by Aradhna Aggarwal | On 22 Jul 2010

Indian takeover regulation – under reformed and over modified

The takeover of substantial number of shares, voting rights or control in a listed Indian company attracts the provision of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations 1997. T...

by Sandeep Parekh | On 14 Jul 2010

Insurance and Investment within Family Networks

In this paper family networks affecting informal insurance and investment is being studied. Panel data from the randomized evaluation of PROGRESA in rural Mexico and the information on surnames of hou...

by Manuela Angelucci | On 09 Jul 2010

Estimating human resource requirements for scaling up priority health interventions in Lowincome countries of Sub-Saharan Africa: A methodology based on service quantity, tasks and productivity (THE QTP METHODOLOGY)

This study was carried out under the auspices of the LSHTM Health Economics and Financing Program, which, at the time of the work, received a research programme grant from DFID. The findings, conclu...

by Christoph Kurowski | On 25 Jun 2010

India-Japan Investment Relations:Trends & Prospects

Though Japan had been one of the top five investors in India for long, its share in India’s total FDI inflows has been dwindling since 2000. Other countries have surpassed Japan in terms of the...

by Geethanjali Nataraj | On 25 Jun 2010

Understanding Vietnam: A Look Beyond Facts and Figures

Vietnam's (re) discovery in recent years by the international investor community gives the country a second chance to become and Asia tiger. The article looks into the economic, social, political, per...

by Tamara Trinh | On 16 Jun 2010

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

Aid and Growth Have We Come Full Circle?

This paper first assesses the aid-growth literature with a focus on recent contributions. The aid-growth literature is then framed, for the first time, in terms of the Rubin Causal Model, applied...

by Channing Arndt | On 02 Jun 2010

The (Indispensable) Middle Class in Developing Countries; or, The Rich a the Rest, Not the Poor and the Rest

In this paper an argument is made that the concept of inclusive growth should go beyond the traditional emphasis on the poor (and the rest) and take into account changes in the size and economic c...

by Nancy Birdsall | On 31 May 2010

Endogenous Skill Acquisition and Export Manufacturing in Mexico

This paper confirms that for Mexico over the period 1986-2000, the export sector pays higher wages than other sectors, but school drop out increases with the arrival of new export jobs. The workers...

by David Atkin | On 28 May 2010

The EU-India FTA in Services and Possible Gender Impact in India: Concern Areas

This paper studies the impact of services trade liberalization under the currently negotiated EU-India FTA on women’s lives in India and tries to delineate the concern areas. Relevant sectors of int...

by Ranja Sengupta | On 25 May 2010

Economics and Efficiency of Organic Farming vis-à-vis Conventional Farming in India

The present paper focuses mainly on the issues like economics and efficiency of organic farming visà- vis conventional farming in India. Four states namely Gujarat, Maharashtra, Punjab and U.P were...

by D. Kumara Charyulu | On 25 May 2010

External Assistance for Urban Development: A Scoping Study for Further Research

Analysis of developing country cities indicates that neither policy frameworks nor infrastructural investments have kept up with urban growth, that the wrong choices with long-term consequences are be...

by Homi Kharas | On 20 May 2010

The Shape of Temptation: Implications for the Economic Lives of the Poor

This paper argues that the relation between temptations and the level of consumption plays a key role in explaining the observed behaviors of the poor. Temptation goods are defined to be the set of...

by Abhijit Banerjee | On 13 May 2010

Family Planning as ‘Liberation’: The Ambiguities of ‘Emancipation From Biology’ in Keralam

The overall effort of the paper is to highlight the ambiguities of ‘liberation’ in 20th century Keralam and to problematise the tradition/modernity binary that too often organises the writing of th...

by J Devika | On 02 Apr 2010

Kerala Budget 2010-11

Budget speech by finance minister Dr. Thomas Issac

by Government of Kerala Govt | On 05 Mar 2010

Now for the Hard Part

Cutting the deficit this year was the easy part; the real fiscal challenge lies ahead

by T.N. Ninan | On 03 Mar 2010

Railway Budget 2010-11

Railway Budget 2010-11.

by Mamata Banerjee | On 25 Feb 2010

Graduating to Globalisation: A Study of Southern Multinationals

FDI by firms in developing countries is a recent phenomenon and demands a study of relationship between firm productivity and different modes of globalisation activities. This paper attempts to unde...

by Dilek Demirbas | On 16 Feb 2010

Transport Infrastructure and Poverty Infrastructure

The main issues surrounding this concern and provides a range of policy, regulatory, and institutional measures that could help strengthen the impact of transport infrastructure on poverty reduction...

by Sununtar Setboonsarng | On 10 Feb 2010

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

Human Resources for Health: Requirements and Availability in the Context of Scaling-Up Priority Interventions in Low-Income Countries

The purpose of this study was to explore the role and importance of human resources for the scaling up of health services in low income countries. In the case studies, the following have been analyze...

by Christoph Kurowski | On 28 Jan 2010

Social Business: A Step Toward Creating a New Economic and Social Order

The concept of social business flows from a firm conviction that profit or benefit is not the only motivating factor for an entrepreneur and an entrepreneur can also be motivated by social goals and e...

by Mohammad Yunus | On 27 Jan 2010

Japan’s Foreign Direct Investment Experiences in India: Lessons Learnt from Firm Level Surveys

The paper first gives a brief history and comparison of Japanese foreign direct investment into India and other Asian countries, highlighting the fact that Japanese investment into India is quite lo...

by Srabani Roy Choudhury | On 19 Jan 2010

Consultation Paper on Foreign Investment in Broadcasting Sector

Department of Industrial Policy and promotion has recently issued revised guidelines for calculation of total foreign investment i.e. direct and indirect foreign investment in Indian companies for bri...

by Telecom Regulatory Authority of India TRAI | On 18 Jan 2010

India-Korea Trade and Investment Relations

The present paper analyses trade and investment relations and explores future areas of potential co-operation between India and Korea. The study also suggests the areas where there is huge scope for i...

by Pravakar Sahoo | On 14 Jan 2010

Obstacles to Private Power Investments in India

This paper aims to highlight the critical importance of cost recovery in attracting and sustaining private investment for power development. Based on a brief review of Indian experience, it suggests...

by Vishvanath V. Desai | On 24 Dec 2009

The Effect of Direct Foreign Investment on Domestic Firms: Evidence from Firm Level Panel Data in Emerging Economies

This paper uses firm level panel data to investigate empirically the effects of direct foreign investment (DFI) on the productivity performance of domestic firms in three emerging economies of Centr...

by Jozef Konings | On 11 Dec 2009

Statistical Trends in Pharmaceutical Research for Poor Countries

Introducing patent rights in developing country markets might stimulate greater R and D investment targeting their specific health needs – areas long neglected. This paper examines this argument using...

by Jean O Lanjouw | On 26 Nov 2009

Should Banking Be Made Boring? - An Indian Perspective

Ills of the banking system that caused the crisis. An extensive analysis of the causes is given. A brief synopsis to provide a backdrop for the ‘boring banking’ discussion is given. [Speech at the Int...

by Duvvuri Subbarao | On 25 Nov 2009

Innovation through Long-distance Conversations? Lessons from Offshoring-based Software Clusters in Bangalore

This paper is aganist the popular assertion regarding the links between innovation and clustering and it is found that the main sources of knowledge transfer and innovation among key firms in Bangalor...

by Aya Okada | On 23 Nov 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

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

The Place of Nature in Economic Development

Review of the most salient issues in ecological economics when the subject is applied to the field of economic development. The aim here has not been to be scholastic but to examine the lives of the...

by Partha Dasgupta | On 06 Oct 2009

Civil War: A Review of Fifty Years of Research

A review of several decades of scholarship on civil war, focusing on the answers to key questions: Why do wars begin? Who fights? How are armed groups organized? How can we end and prevent internal wa...

by Christopher Blattman | On 05 Oct 2009

New Financiers and the Environment: Ten Perspectives on How Financial Institutions can Protect the Enviornment

This new report discusses the experience with environmental standards and how it can be useful for new financiers. It contains ten papers written by experts from civil society, financial institutions...

by International Rivers Network IRN | On 01 Oct 2009

Size, Efficiency and Financial Reforms in Indian Banking

The study seeks to answer two very basic questions in the Indian context: first, are there economies of scale and scope in Indian banking? In other words, are bigger banks better for India? And, se...

by Pradeep Srivastava | On 23 Sep 2009

State-Led or Market-Led Green Revolution? Role of Private Irrigation Investment vis-a-vis Local Government Programs in West Bengal’s Farm Productivity Growth

This paper estimates respective roles of private investments in irrigation and local government programs (land reforms, extension services, and infrastructure investments) in the growth of farm prod...

by Pranab Bardhan | On 14 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

UCLG Policy Paper on Local Finance

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

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

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

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

A Model of Market Clearing Exchange Rates

This paper formulates a model of exchange rate determination that describes the market processes by which the foreign exchange markets are cleared and international receipts of countries are brought...

by Rajas Parchure | On 06 Aug 2009

South-South FDI vs North-South FDI: A Comparative Analysis in the Context of India

This paper attempts to compare the characteristics of South-South FDI versus North-South FDI in the context of India. The analysis is carried at two levels. First t the overall trends of FDI flows (bo...

by Subhasis Bera | On 28 Jul 2009

Value Addition by the Marine Fisheries Sector

The article describes the important role played by Marine fishereis in the Indian economy. It elaborates the issues associated with value addition of this sector with special reference to optimum capa...

by Karmakar K G | 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

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

Sources of FDI Flows to Developing Asia: The Roles of Distance and Time Zones

This paper investigates sources and determinants of foreign direct investment (FDI) flows to developing Asia using bilateral FDI flows for the period 1990-2005. With regard to the determinants of FDI...

by Rabin Hattari | On 27 Jun 2009

Basic Infrastructure for a Nuclear Power Project

This publication was produced as a direction to increase the capability of Member States to plan and implement nuclear power programmes and to establish and enhance national nuclear infrastructure....

by International Atomic Energy Agency IAEA | On 19 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

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

Adding Insecurity to Live: Erratum Annual Report and Accounts: Unilever

The aim of this Erratum to the Annual report and Accounts, is to inform Unilever shareholders and other interested parties of the full story behind the good revenues and efficient restructuring pr...

by FNV Mondiaal FNV | On 12 Jun 2009

A New Debt Crisis? Assessing the Impact of the Financial Crisis on Developing Countries

This report is intended as a wake-up call to anyone who thinks the developing world debt crisis has been resolved. In fact, it assesses fears of a new debt crisis, more serious than before, spreading...

by Sarah Edwards | On 11 Jun 2009

Agriculture, Food Security,and Poverty in China; Past Performance, Future Prospects, and Implications for Agricultural R&D Policy

China’s experience demonstrates the importance of technological development and public investment in improving agricultural productivity, farmer income, and food security in a nation with limited supp...

by Jikun Huang | On 07 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

Blunt Instruments: On Establishing the Causes of Economic Growth

Despite intense concern that many instrumental variables used in growth regressions may be invalid, or both, top journals studies of economic growth based on problematic instruments. doing so risks p...

by Samuel Bazzi | On 04 Jun 2009

Background Paper: Investment Liberalization in the EU-ASEAN FTA

This background paper focuses on the implications of investment liberalization on ASEAN nations. [FGS OP NO 5]

by Ignacio Jose Minambres | On 31 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

Manager’s Perceptions of the Impact of Foreign Direct Investment Liberalizations: Information Technology Firms in India

Firms differ in the effects that foreign direct investment liberalizations have on their businesses, and in the responses they make to adjust to the liberalized business environment. In this study th...

by Stanley Nollen | On 15 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

China’s Socialist Market Economy: Lessons for Democratic Developing Countries

The paper’s focus is on successful Chinese policies that can be emulated by other countries to an extent (within certain bounds) which mentined in the article. The author is not trying to draw lesson...

by Arvind Virmani | On 22 Apr 2009

Listen Up Economists, Why Might History Matter for Development Policy?

History matters, and it matters in important and interesting ways for policy  today. But it is not just actual events in the past. It is how they are recorded, interpreted,  and the interpretation...

by Ravi Kanbur | On 22 Apr 2009

Sri Lanka Budget 2009

2009 Budget speech

by Ministry of Finance and Planning Sri Lanka | On 20 Apr 2009

Macroeconomic Effects Of Public Invesment In Infrastructure In India

This paper attempts to build an aggregative, structural,macroeconometric model for India. Investment and output in the model are disaggregated into four sectors namely(a) agriculture including forestr...

by K.N Murty | On 02 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

Andhra Pradesh Budget Speech 2009-10

Speech of Sri K. Rosaiah

by Government Andhra Pradesh | On 23 Feb 2009

Key Features of Interim Budget 2009-10

Key features of Budget presented by Shri Pranab Mukherjee

by Ministry of Finance | On 16 Feb 2009

Moving Beyond the Privatisation Debate: Different Approaches to financing Water and Electricity in Developing Countries

In today’s developing world the vast majority of water and electricity services are provided by public utilities. Rather than asking “who should provide the services”, the authors adopt a financing po...

by Daniel Platz | On 09 Feb 2009

Addressing 'Stagdeflation' with Nouriel Roubini

Nouriel Roubini, professor of Economics at the Stern School of Business, New York University, christened Dr.Doom by the US business media, is not given to wearing rose coloured glasses. He does not se...

by Charles Krusen | On 24 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

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

Micro and Small Enterprises During Reforms: Policy and Concerns

This paper addresses some key policy issues relating to the micro and small enterprises in India during the reforms period. A close look into the definitional changes in terms of the criterion of inve...

by Keshab Das | On 16 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

Controlling Money and Politics – An Exercise in Damage Control

Whether there should be transparency in political finance? Whether there should be a control over the money that the political parties are receiving?

by Marcin Walecki | On 04 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

Why Current Publication May Distort Science

The current system of publication in biomedical research provides a distorted view of the reality of scientific data that are generated in the laboratory and clinic. This system can be studied by appl...

by Neal S Young | On 12 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

India’s Macroeconomic Performance

The paper reviews India’s macroeconomic performance and policies since 2000. The first section briefly summarizes key macroeconomic developments regarding economic growth, inflation, external bala...

by Shankar Acharya | On 02 Nov 2008

The Role of Intellectual Property Rights in Information and Communication Technologies

The paper starts by recapitulating the basic arguments provided by economic theory to explain the existence of the patent system. The paper then concentrates on the three important ICT industries viz....

by C Niranjan Rao | On 30 Oct 2008

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

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

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

Pakistan Budget in Brief 2008

Budget in Brief is designed to summarize the detailed information into an overview comprising essential information about expenditure and receipt and the resulting budget balance.

by Ministry of Finance, Government of Pakistan, | On 22 Sep 2008

Educational Attainment of Youth and Implications forIndian Labour Market: An Exploration through Data

The link between education and labour market has a profound intellectual lineage, spanning across schools. An integrating view shared by these perspectives is the significance of education as a pivo...

by G.D Bino Paul | On 10 Sep 2008

The Economics of Arsenic Water Pollution – A Study from Bangladesh

Bangladesh is facing a major health crisis because arsenic is poisoning a large percentage of the country’s drinking water. Although the government has taken a number of positive steps to address this...

by Zakir Husain Khan | On 04 Sep 2008

Structural Modeling under Challenge

It is interesting to note that nearly three decades of new paradigms in macroeconomic theory and policy have hardly gone beyond the ivory towers of the academic world. The extent to which a scientif...

by V. Pandit | On 28 Aug 2008

Another Look at Renewables on India’s Sagar Island

Much existing literature champions renewables implementation on India’s Sagar Island as an unqualified rural electrification success story. Photovoltaic (PV) and wind systems put in place by the West...

by Sam Shrank | On 25 Aug 2008

Tax Challenges Facing Developing Countries

Most developing countries continue to face serious problems in developing adequate and responsive tax systems. This paper reviews the three principal ways in which developing countries may expand and...

by Richard M. Bird | On 25 Aug 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

Measuring Sustainability with Macroeconomic Data for India

This paper investigates certain macro data on the Indian economy to draw inferences on the sustainability of the economic growth experienced over the last couple of decades. Interpreting sustainabilit...

by Purnamita Dasgupta | On 24 Jul 2008

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

Impact of Organic Farming on Economics of Sugarcane Cultivation in Maharashtra

The primary goal of this paper is to examine the impact of organic farming on economics of sugarcane cultivation in Maharashtra. The study is based on primary data collected from two districts coverin...

by Kshirsagar K G | On 14 Jul 2008

Changing Paradigm of Indo-Japan Relations: Opportunities and Challenges

This paper presents an overview of Indo-Japan cooperation since late 18th and early 19th century till date. In the light of the changing paradigm in India-Japan relations over the past several years,...

by PG Rajamohan | On 23 Jun 2008

Book Review: Tales of the Displaced in India’s North-East

Review of: Internal Displacement in South Asia: The Relevance of the UN’s Guiding Principles Edited by Paula Banerjee, Sabyasachi Basu Ray Chaudhury, Samir Kumar Das, Sage Publicatons, New Delhi;...

by Ratna Bharali Talukdar | On 22 Jun 2008

Chairman’s Introduction to the Draft NAMA Modalities

The introduction of the Chairman to the Draft presented for discussion based upon the 2006 text and to move the negotiations forward by proposing specific outcomes, not rehearsing everyone’s position,...

by World Trade Organisation WTO | On 19 Jun 2008

Towards NAMA Modalities

Submitted to Trade Negotiations Committee in response to request of members for language of full modalities on non-agricultural market access (NAMA) negotiations. As a result of the failure of the neg...

by World Trade Organisation WTO | On 19 Jun 2008

Process, People, Power and Conflict: Some Lessons from a Participatory Policy Process in Andhra Pradesh, India

A large body of empirical literature highlights the need for stakeholder participation within the context of policy change and democratic governance. This makes intuitive sense and may appear to be a...

by Vinod Ahuja | On 19 Jun 2008

The Sectoral System of Innovation of Indian Pharmaceutical Industry

The paper undertakes a detailed mapping out of the sectoral system of innovation of India's pharmaceutical industry. The industry is one of the most innovative industries in the Indian manufacturing s...

by Sunil Mani | On 15 Jun 2008

Inclusive Growth in Andhra Pradesh: Challenges in Agriculture, Poverty, Social Sector and Regional Disparities

The important elements of inclusive growth are: agricultural growth, employment generation and poverty reduction, social sector (health and education) and reduction in regional and other disparities...

by S.Mahendra Dev | On 31 May 2008

Food Failures and Futures

The paper is an analysis of food aid, rising food prices and its implications.

by Laurrie Garrett | On 31 May 2008

Towards Public Policy Education: Imparting Economic and Financia Literacy

Financial and economic literacy is essential for understanding forces that are driving social change in India, and globally. It is also an essential contributing factor in determining employability an...

by Mukul Asher | On 28 May 2008

New issues in Indian macro policy

For many decades, macro-policy in India was conducted in an environment with five key elements: ˆ Agricultural shocks rather than a conventional business cycle; A closed economy; deeply distorti...

by Ajay Shah | On 13 May 2008

Why Tank Systems Need to be Revitalized: Kaveripakkam Tank in Tamil Nadu

In the past tank systems of water storage and use played an important role in the region’s prosperity. In recent times these tanks are being neglected. A case in point is the Kaveripakkam tank in Tam...

by K Sivasubramaniyan | On 03 May 2008

Risk, Informational Asymmetry and Product Liability: An Enquiry into Conflicting Objectives

Risky products cause two types of costs for society; the accident costs and the insurance costs. Liability rules allocate these costs between the parties involved. The expansion in the scope of produ...

by Ram Singh | On 14 Apr 2008

Seeking Knowledge Initiatives in Agriculture: Staving Off a Collapse

While sections of the central ministry of agriculture might recognize that major developments in the sector can only come about now with drastic and comprehensive changes little is being done to revol...

by Prabhakar Tamboli | On 14 Apr 2008

Report of High Level Group on Services Sector

The Planning Commission constituted a high level committee for comprehensively examining the different aspects influencing the performance of the services sector and suggest short-term and long-term p...

by Anwarul Hoda | On 09 Apr 2008

Newsletter on Regional Economy: A bi-monthly four state update from IRIS India

A monthly compilation by IRIS.

by IRIS India IRIS | On 09 Apr 2008

PAE Review (Real-World Economics Review), No 45, March 15, 2008

Risk, inequality and the economics of disaster Marcellus Andrews .................................................................................. 2 A XXI-century alternative to XX-century peer r...

by Post Autistic Economic Review PAE Review | On 24 Mar 2008

The Case for Mitigating Greenhouse Gas Emissions

Last fall, the United Kingdom issued a major government report on global climate change directed by Sir Nicholas Stern, a top-flight economist. The Stern Review Report on the Economics of Climate Chan...

by Kenneth J. Arrow | On 24 Mar 2008

A 21st Century Alternative to 20th-Century Peer Review

The paper starts with a brief review of some criticisms of the Peer Review system – labelled ex-ante top-down PR system – for the evaluation of academic works. The critiques are grouped into efficienc...

by Grazia Ietto-Gillies | On 24 Mar 2008

Risk, Inequality and the Economics of Disaster

The discipline of economics tends to gloss over the central role of power and violence in the creation of wealth, the distribution of opportunity and the fact that suffering and well-being are tightl...

by Marcellus Andrews | On 24 Mar 2008

Missing the Wood for the Trees? Ill-thought Moves on Drugs and Drug Industry

Nothing less than price regulation with ceiling prices is going to achieve lower drug prices. Excise duty cuts eventually end up enriching the manufacturers as what will be ‘passed on’ to the consumer...

by S Srinivasan | On 24 Mar 2008

Beyond Economic Fundamentalism

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

by Ricardo Baldissone | On 17 Mar 2008

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

Markets, politics and freedom in the work of Hannah Arendt

Like the alchemist's philosopher's stone of old, though, the heavy artillery of game theory is being wheeled out in more and more sophisticated models, in the hope of converting the lead of individual...

by Kevin Quinn | On 17 Mar 2008

Opinion: The Case for Mitigating Greenhouse Gas Emissions

Critics of the Stern Review do not think serious action to limit CO2 emissions is justified, because there remains substantial uncertainty about the extent of the costs of global climate change, and b...

by Kenneth J. Arrow | On 17 Mar 2008

Stagflation Cometh

The good times may be ending. There have been worries for years about the global imbalances caused by America’s huge overseas borrowing. America, in turn, said that the world should be thankful: by li...

by Joseph E. Stiglitz | On 17 Mar 2008

Stagflation Cometh

The good times may be ending. There have been worries for years about the global imbalances caused by America’s huge overseas borrowing. America, in turn, said that the world should be thankful: by li...

by | On 17 Mar 2008

His and Her Economics

Economics has always been, and remains, a male-dominated occupation. In Mark Blaug’s mid-1980s surveys of great economists before and after Keynes, only three females – Rosa Luxemburg, Irma Adelman an...

by Brian Snowdon | On 17 Mar 2008

REal-world Economic Review: Issue no. 45, March 15, 2008

Contents Page Risk, inequality and the economics of disaster Marcellus Andrews A XXI-century alternative to XX-century peer review Grazia Ietto-Gillies Trade and inequality: The role of econ...

by Post Autistic Economic Review PAE Review | On 17 Mar 2008

Emerging Poverty Scenario: Alternative Development Paradigm for Poverty Elimination

This paper argues that at the present juncture in India’s development the window of poverty elimination provides the appropriate perspective to search for an alternative development paradigm. The alte...

by V.M. Rao | On 13 Mar 2008

Information Technology and Productivity: Evidence From India's Manufacturing Sector

An attempt is made at addressing the question about how has India fared in terms of harnessing this technology for enhancing manufacturing productivity. issue by analyzing an unpublished data set on...

by K.J. Joseph | On 10 Mar 2008

Budget 2008-09 and Children A First Glance

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

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

Book Review: Building Industry under State Planning

Review of Locked in Place: State-building and Late Industralization in India By Vivek Chibber; Princeton University Press, Princeton and Oxford,

by N.S. Siddharthan | On 25 Feb 2008

Speech of the Finance Minister at the Annual Economic Editors’ Conference

Shows how the macro economic variables of Indian Economy are performing.

by P Chidambaram | On 11 Feb 2008

Patents and Biopharmaceuticals in India: Emerging Issues

This paper highlights the status of the Indian biopharmaceutical industry and also makes a comparison with the global scenario. It also discusses the current situation regarding patenting biopharmaceu...

by Lalitha N | On 05 Feb 2008

What is Middle Class About the Middle Classes Around the World?

Household surveys from 13 developing countries are used to describe consumption choices, health and education investments, employment patterns and other features of the of the economic lives of the “m...

by Abhijit Banerjee | On 31 Jan 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

Review of The Economics of Information Technology: An Introduction

Review of The Economics of Information Technology: An Introduction" by Hal R. Varian, Joseph Farrell, Carl Shapiro, Cambridge University Press, Cambridge, 2004, pages 102, Price Rs. 795 RBI Occasional...

by Brijesh Pazhayathodi | On 22 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

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

Newsletter on Regional Economy A bi-monthly four-state update from IRIS

A monthly compilation by IRIS.

by IRIS India IRIS | On 11 Jan 2008

Drains, Hoards and Foreigners: Does the 19th Century Indian Economy have any Lessons for the 21st Century India?

With the 19th century drain, no one was certain if the benefit exceeded the cost and since the rulers were foreign the suspicion was that any investment they made was not beneficial. But the lesson f...

by Lord Meghnad Desai | On 25 Dec 2007

Girls, Educational Equity and Mother Tongue-based Teaching

One of the principal mechanisms through which inequality is reproduced is language, specifically the language used as the medium of instruction. The learner’s mother tongue holds the key to making sc...

by Carol Benson | On 21 Dec 2007

Does Energy Consumption Fuel Economic Growth In India?

Whether energy use drives economic growth or vice versa in the Indian context during the period 1970-71 to 2004-05 is examined. Utilizing the Granger causality test, the study suggests that it is the...

by Hrushikesh Mallick | On 17 Dec 2007

De-couple from China

Chindia isa word that came up recently. There are comparisons between the two countries about their economic growth. But there are differences between the two countries.

by T.N. Ninan | On 13 Dec 2007

Sovereign Wealth Funds: Policy Implications for India

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

by Mukul Asher | On 12 Dec 2007

The Growing Importance of Emerging Economies in the Globalised World and its Implications for the International Financial Architecture

The growing importance of India and other emerging economies in the globalized world are given in this lecture. This group of economies is not easy to define. However, some reflections on the implicat...

by Jean-Claude Trichet | On 30 Nov 2007

Trade Possibilities and Non-Tariff Barriers to Indo-Pak Trade

There is a large untapped trade potential between the two countries. Using the potential trade approach, the study finds that the export potential from India to Pakistan is to the tune of US$ 9.5 bill...

by Nisha Taneja | On 29 Nov 2007

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

Report on National Mineral Policy

Even after five years of after the liberalisation of the investment regime India has failed to attract FDI to come to the mining sector. In the last decade, many developing countries have significantl...

by Planning Commission, India | On 18 Oct 2007

Why do Indian Children Work, and is it Bad for Them?

The causes and consequences of child labour are examined theoretically and empirically within a household decision framework, with endogenous fertility and mortality. The data come from a nationally r...

by Alessandro Cigno | On 16 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

Inter-firm differences in FII portfolio investment in India

This paper has the objective of analysing the determinants of FII investment in firms in high-tech corporate sectors like automobiles, drugs and pharmaceuticals, IT software and IT hardware for the pe...

by B.L. Pandit | On 08 Oct 2007

Human Tragedy in Majuli: Can Anything Be Done?

Majuli was once the largest river islands and the cultural home of the Asomiya community. Today, repeated floods of the Brahmaputra have ensured that the community has lost home and hearth to erosion...

by Apurba K. Baruah | On 07 Oct 2007

Multilateralising Regionalism: Sphagetti Bowls as building Blocs on the Path to Global Free Trade

This paper addresses the final steps to global free trade -- the political economy forces that might drive them, and the role the WTO might play in guiding them. Two facts form the departure point: 1)...

by Richard Baldwin | On 05 Oct 2007

Capital Inflows, Financial Repression and Macroeconomic Policy in India since the Reforms

Since the early 1990s the Indian economy has seen a considerable relaxation of controls, as a consequence of which it has witnessed unprecedented growth. This is especially remarkable in the external...

by Partha Sen | On 04 Oct 2007

Groundwater Users, Wake up: Danger Ahead! Message from the Experts

The Expert Group constituted by the Planning commission to examine issues related to groundwater management and ownership has made extensive recommendations tha need to be taken seriously. Most impor...

by K.V. Raju | On 04 Oct 2007

What Can Economists Explain by Taking into Account People’s Perceptions of Fairness: Punishing Cheats, Bargaining Impasse, and Self-Perpetuating Inequalities

Evidence abounds that individuals have preferences for being fairly treated and treating others fairly. These preferences do not affect economic outcomes in competitive markets with standardized prod...

by Karla Hoff | On 03 Oct 2007

The Indian Economic Journal, January 2007

CHIUNG-JU HUANG : Wagner's Law : Empirical Evidence for China and Taiwan CHIAO-YI CHANG, CHING-FU CHEN AND I-YUAN CHUANG : Does Asian Financial Crisis Change Price Co-Movements in East Asia. G. RAM...

by Department of Economics DoE, Allahabad University | On 01 Oct 2007

Food Consumption and Calorie Intake in Contemporary India

This paper examines how the patterns of India’s food consumption have been changing in recent times as a consequence of its faster economic growth and generally rising affluence levels. The study, als...

by Srikanta Chatterjee | On 30 Sep 2007

Review of Rural Non-farm Sector in India: Recent Evidence

During the period 1972-73 to 2004-05 in rural India, the total number of workers expanded more in the non-farm sector than the farm sector with the rise in male workers being sharper than that of fema...

by Sharad Ranjan | On 30 Sep 2007

Conserving Biodiversity Efficiently: What to Do, Where, and When

Conservation priority-setting schemes have not yet combined geographic priorities with a framework that can guide the allocation of funds among alternate conservation actions that address specific thr...

by Kerrie A Wilson | On 21 Sep 2007

Post-Autistic Economics Review: Issue No.43, September 15, 2007

Growing inequality in the neo-liberal heartland George Irvin ................................................................................. 2 - Science, ideology and development: Is there a ‘Sust...

by PAER Post Autistic Economic Review | On 16 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

Monetary Policy Developments in India: An Overview

A review of the recent developments in the Indian Economy. Review of the trends in monetary policy challenges globally and for emerging market economies (EMEs) in particular. The monetary policy frame...

by Y V Reddy | On 10 Sep 2007

What Happens if We Think About Railways as a Kind of Consumption? Towards a New Historiography of Transport and Citizenship in Early-Twentieth-Century Britain

Historians have been rather unconcerned about how the provision and use of transport, both personal and collective, might have influenced consumption in these and related areas up to 1939. In particul...

by Colin Divall | On 05 Sep 2007

Should NABARD be Micro Finance Regulator?

NABARD is a key participant in the micro finance sector and has been closely associated with one of the two prevailing modes i.e. SHG-bank linkage mode of delivery of micro finance services. The devel...

by Mukul Asher | On 04 Sep 2007

Get a Life!

The life of an investment banker in New York who is dealing in the collateralised debt obligation (CDO) market.

by T.N. Ninan | On 28 Aug 2007

Market Access: Unfinished Business: Post-Uruguay Round Inventory and Issues

This study has two closely related objectives: to evaluate post-Uruguay Round market access conditions and to contribute to a clarification of the stakes in the ongoing process of multilateral trade n...

by Marc Bacchetta. | On 27 Aug 2007

The Contribution of Services Liberalisation to Poverty Reduction: What Role for the GATS?

There are various conceivable links between services liberalization and poverty reduction, including the efficiency effects associated with increased competition in intermediate (infrastructural) serv...

by Rolf Adlung | On 27 Aug 2007

Reforming the WTO: Toward More Democratic Governance and Decision-Making

This paper takes a critical approach to the World Trade Organization (WTO) and proposes a radical solution involving more direct involvement of civil society and the private sector in WTO governing...

by Saif Al-Islam Alqadhafi | On 27 Aug 2007

Sustainability of Indian Agriculture: Towards an Assessment

This paper presents a systemic framework to look at the prospects for sustainability of Indian agriculture. The framework is based on trends, indicators and assessment by experts spanning three domain...

by V.M. Rao | On 27 Aug 2007

Report of the Inter-ministerial Task Force on Convergence of Securities and Commodity Derivative Market

With the abolition of prohibition on forward trade in all the commodities at the beginning of 2003, the commodity derivativesmarket has been totally liberalized. The Ramamoorthy Committee set up by SE...

by Ministry for Consumer Affairs,Food and Public Dist MCAFP | On 26 Aug 2007

Newsletter on Regional Economy: A bi-monthly four-state update

A monthly compilation by IRIS.

by IRIS India IRIS | On 22 Aug 2007

The Indian Economy since Independence

India's has been a unique path of economic development—internally decided in a democratic framework, constantly debated between different ideologies and interest groups, and increasingly engaging wi...

by Vinod Vyasulu | On 21 Aug 2007

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

Predicting Indian Business Cycles: Leading Indices for External and Domestic Sectors

This paper evaluates the real-time performance of the growth rate of the DSE-ECRI Indian leading index for exports for predicting cyclical downturns and upturns in the growth rate of Indian exports. T...

by Pami Dua | On 14 Aug 2007

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

Business Cycles in India

This paper describes business and growth rate cycles with special reference to the Indian economy. It uses the classical NBER approach to determine the timing of recessions and expansions in the Ind...

by Pami Dua | On 08 Aug 2007

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

Safeguard Measures in WTO

The doctrine of precedent is getting established in WTO and seems to be there to stay however much it is argued otherwise. Neglect of this fact means that we are overlooking some of the problematic de...

by Sheela Rai | On 08 Aug 2007

Essays: Monetary Policy: Satisfy China’s Demand for Money

A talk with Nobel economics laureate Robert Mundell on how Beijing can keep the yuan’s value fixed and still avoid inflation. China’s high balance of payments surplus and pressure on the yuan could be...

by Hugo Restall | On 04 Aug 2007

FEER: The June 2007 issue

Satisfuy China's Demand for Money by Hugo Restall Monetary Policy: China’s Last Option: Let the Yuan Soar by Michael Pettis Stop the Specter of a Rising Rupee by Vivek Moorthy Hong Kong’s Arreste...

by FEER | On 04 Aug 2007

Book Review: Debating India's Future

Review of: The Future of India – Economics, Politics and Governance by Bimal Jalan, Penguin books, New Delhi.

by G Narasimha Raghavan | On 03 Aug 2007

Institutional Influences on Human Capital Accumulation: Micro Evidence from Children Vulnerable to Bondage

The paper examines child labour, lower schooling attendance and attainment, and significantly elevated fertility in families vulnerable to debt bondage.

by Eric Edmonds | On 02 Aug 2007

Employment and Poverty in India: 2000-2005

This paper is principally focused on the changes in the size and structure of work force and the changes in labour productivity, wages and poverty in India in the first quinquennuim of the 21st centur...

by K. Sundaram | On 30 Jul 2007

Microfinance Bill: Too Many Wrinkles

A regulator should promote social entrepreneurship and tap into the considerable expertise existing in the micro-finance sector. The aim should be to lower transaction costs and generate savings in re...

by Mukul Asher | 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

Book Review: FDI: Patterns and Trends

Review of Foreign Capital Inflows to China, India and the Caribbean: Trends, Assessments and Determinants by Arindam Banik and Pradip K. Bhaumik; Palgrave-Macmillan, London.

by Anurag Kaushik | 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

Economic Reforms, Capital Inflows and Macro Economic Impact in India

The effects of the inflows of private foreign capital on some major macroeconomic variables in India are analyzed using quarterly data for the period 1993-99. Cointegration test and The Granger Causal...

by Indrani Chakraborty | On 11 Jul 2007

A Water Monetary Standard: An Economic Thesis

In emerging markets and economies with limited supplies of potable water, the current monetary policy governing water distribution has failed or will eventually fail. This paper offers an alternative...

by Michael P. Jackson | On 09 Jul 2007

The Trade-Off Among Carbon Emissions, Economic Growth and Poverty Reduction in India

This study examines the consequences of a) a domestic carbon tax policy, and, b) participation in a global tradable emission permits regime on carbon emissions, Gross Domestic Product (GDP), and pover...

by Vijay Prakash Ojha | On 07 Jul 2007

Newsletter on Regional Economy: A bi-monthly four-state update

A monthly compilation by IRIS.

by IRIS India IRIS | On 06 Jul 2007

Conceptualizing Economic Marginalization

What exactly is 'economic marginalization'? How should one conceptualize it, and what are the implications of such conceptualization? Economic marginalization can be conceptualized as outcome or as p...

by Ravi Kanbur | On 05 Jul 2007

National Health Accounts, 2001-02

National Health Accounts (NHA) is a tried and tested tool for summarizing, describing, and analyzing the financing of national health systems. The estimates prepared provide clues regarding the essent...

by National Health Acounts Cell NHA Cell | On 05 Jul 2007

Review of High-Tech Industries in China: RBI Occasional Papers

Review of High-Tech Industries in China by Chien-Hsun Chen and Hui- Tzu Shih. RBI Occasional Papers, Vol. 27, No. 1 and 2, Summer and Monsoon 2006.

by Brijesh Pazhayathodi | On 05 Jul 2007

Offshoring in a Ricardian World

Falling costs of coordination and communication have allowed firms in rich countries to fragment their production process and offshore an increasing share of the value chain to low-wage countries. Thi...

by Andrés Rodríguez-Clare | On 05 Jul 2007

Reflections on Global Account Imbalances and Emerging Markets Reserve Accumulation

The lecture focuses on some implications -- both positive and normative -- of the most surprising development in the international financial system over the last half dozen years. That development is...

by Lawrence H. Summers | On 05 Jul 2007

APEC 2007: How Strong is India’s Case for Membership?

The September 2007 annual summit of APEC to be hosted by Australia will witness the ending of the decade long moratorium on membership. A major anomaly of the APEC is that while the three largest econ...

by Mukul Asher | On 26 Jun 2007

Impact of U.S. Federal Interest Rate and Movement of MSCI on Indian Capital Markets

The relationship between Indian macro-economic factors and economic growth has been analyzed by a number of empirical studies. This paper re-examines the sources of variability in the Indian economy f...

by Bharat Chadha | On 26 Jun 2007

Rent a Womb: Surrogate Selection, Investment Incentives and Contracting

The paper develops a model of gestational surrogacy, in which a childless couple faces heterogeneous prospective surrogates. High-type surrogates add more value but also have higher outside options....

by Swapnendu Banerjee | On 25 Jun 2007

Growth Data: What's the Real Story

What will be the country’s real growth story after the data revision?

by Savita Kulkarni | On 19 Jun 2007

Effect of Structural and Conditional Rigidities on Moving a Beneficiary from Passive to Active State: An Empirical Investigation in a Poverty Reduction Programme in Rural India

Most studies on poverty alleviation and reduction programmes emphasize structural bottlenecks, asymmetric information, and rent seeking behaviour. This paper provides an analytical characterization of...

by Arindam Banik | On 19 Jun 2007

Role of UNU-IIGH in Capacity Building for Sustainable Global

Globalisation promises positive economic impact through faster growth, increase in foreign direct investment and poverty reduction. However, there are growing evidence showing that the undesirable eff...

by Mohammed Yasin Salleh | On 19 Jun 2007

Building an International Financial Centre in Mumbai

Earlier this year, the Indian government’s High Powered Expert Committee (HPEC) put forward its recommendations on how Mumbai could be made into an International Financial Center. The HPEC’s report co...

by Sanjeev Sanyal | On 19 Jun 2007

The Challenges of Financial Liberalisation for Emerging Market Economies

In this speech to the staff of the Reserve Bank of India delivered on May 14, 2007 at the RBI, Central Office, Mumbai, the author offers some comments on the challenges posed by financial liberalisati...

by Christian Noyer | On 13 Jun 2007

Book Review: Growth, Justice and Globalisation

Review of: Globalizing Rural Development: Competing Paradigms and Emerging Realities by M. C. Behera; Sage Publications, 2006.

by Mohan Kanda | On 12 Jun 2007

Productivity and Efficiency at Public and Private Sector Banks in India

A comparison between PSBs and their private sector counterparts based on measures of efficiency and productivity that use quantities of outputs and inputs. Efficiency measures a firm’s performance rel...

by TT Ram Mohan | On 04 Jun 2007

Investment Climate and Total Factor Productivity in Manufacturing: Analysis of Indian States

Liberalisation initiatives have been taken by India with a view to improve the efficiency of manufacturing industries and achieving faster GDP growth. The present paper investigates the influence of...

by C Veermani | On 01 Jun 2007

Book Review: Quick Overview

Review of : India’s Long-Term Growth Experience: Lessons and Prospects by Sadiq Ahmed. Sage India, New Delhi, February 2007.

by S. Chandrasekhar | On 31 May 2007

Infrastructure Development in India An Appraisal

Infrastructure is generally defined as the physical framework of facilities through which goods and services are provided to the public. a strong correlation exists between per capita GDP and availabi...

by P. Nayak | On 29 May 2007

In Conversation with Mohammed Yunus

In Mumbai to open an office of the Grameen Foundation, Professor Yunus spoke on the growing role of microfinance in the global economy, the challenges the sector faces in moving from the informal t...

by Kala Rao | On 14 May 2007

Ensuring Adequate Flexibility through Special Products: A Case Study of India

Stalemate in agricultural negotiations at the WTO has persisted with a continued lack of convergence on most important issues of trade-distorting domestic support, market access and related flex...

by Linu Mathew Philip | On 08 May 2007

Time to Mainstream Micro-Pensions in India

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

by Mukul Asher | On 08 May 2007

Pension Liabilities of the Central Government: Projections and Implications

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

by Pronab Sen | On 25 Apr 2007

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

IBSAC (INDIA, BRAZIL, SOUTH AFRICA, CHINA): A Potential Developing Country Coalition in WTO Negotiations

This paper argues that IBSA( India, Brazil, South Africa) as opposed to IBSAC (with China) is a far more coherent group when it comes to WTO negotiations as its interests coincide given the agenda tha...

by Debashis Chakraborty | On 25 Apr 2007

Implications of the Growing Role of Services in Asia

This article analyses the importance of international commercial service transactions relating to both trade and investment, which form an essential element of analyzing production fragmentation and e...

by Mukul Asher | On 17 Apr 2007

Post-Autistic Economics Review : No. 41, March 2007

- What would post-autistic trade policy be? Alan Goodacre (UK) On the need for a heterodox health economics : Robert McMaster (University of Aberdeen, UK) - True cost environment...

by PAER Post Autistic Economic Review | On 17 Apr 2007

SEZ Policy: Ceiling on size will limit growth

The government’s recent decision of putting a ceiling limit for Special Economic Zones (SEZs) may well result in defining a ceiling on equitable economic growth harming not just industrial development...

by Savita Kulkarni | On 17 Apr 2007

Indo-Sri Lanka Trade In Services: FTA II And Beyond

India and Sri Lanka are in the process of negotiating Comprehensive Economic Partnership Agreement. In this context, the study shows that since there has been an increase in services trade between the...

by Nisha Taneja | On 09 Apr 2007

Book Review: A Pioneering Study

Review of 'United Nations Development Aid: A Study in History and Politics' by Digambar Bhouraskar, Academic Foundation, New Delhi.

by V.V. Bhatt | On 07 Apr 2007

China-India and the Global Talent shortage

Economic growth in China and India is exponentially increasing the global demand for skills. In turn, this will cause a severe talent shortage in the world over the next few years. What does this...

by Sanjeev Sanyal | On 02 Apr 2007

Trade Facilitation: A Brief Negotiating History

This article traces the history of negotiations in the WTO on Trade Facilitation, the only Singapore issue that has survived beyond Doha and Cancun. Last ten years of sustained work by the negotiators...

by Shashank Priya | On 27 Mar 2007

Union Budget 2007-08: Continuing Neglect of Public Health Care

Allocations to the budget for health appear to be impressive but a closer look shows that this is not so, especially taking into consideration the high inflation rate in the previous year. A substanti...

by Vinish Kathuria | On 21 Mar 2007

Union budget 2007-08: Have the Elderly Benefited?

While new schemes like reverse mortgage on houses show a measure of some serious thought going into the structuring of programmes for the elderly, the Union Budget 2007-08 falls short of comprehensive...

by Lakshmi Priya | On 21 Mar 2007

Public Investment and Agricultural Productivity: A State-wise Analysis of Foodgrains in India

The main objective of the study is to examine the long-run relationship between public investment and foodgrain productivity across the fifteen major states of India. The analysis is confined to the p...

by Shyjan D | On 19 Mar 2007

Union Budget 2007-08: A Touch of ‘Magic Realism’

The Budget is ‘exciting’ precisely because it has at least decided to pay a little more than lip service to the so-called social sector. And Finance Ministers then tend to increase allocations for the...

by S Srinivasan | On 08 Mar 2007

Editorial:Union budget 2007-08: A Touch of ‘Magic Realism’

The Budget is ‘exciting’ precisely because it has at least decided to pay a little more than lip service to the so-called social sector. And Finance Ministers then tend to increase allocations for the...

by S Srinivasan | On 08 Mar 2007

Editorial: Outlays Only, Not Outcomes?

The Budget does not sufficiently recognize the need for re-balancing the role of the state and the market, and of the public and the private sectors for managing increasingly complex economic and stra...

by Mukul Asher | On 07 Mar 2007

Outlays Only, Not Outcomes?

The Budget does not sufficiently recognize the need for re-balancing the role of the state and the market, and of the public and the private sectors for managing increasingly complex economic and stra...

by Mukul Asher | On 07 Mar 2007

Budget 2007-08 and Children: A First Glance

Of every 100 rupees in the Union Budget 2007-08, only 4 rupees and 84 paise has been promised by the Finance Minister for children. Within the child budget, the share of education and child protectio...

by HAQ Centre for Child Rights HAQCRC | On 05 Mar 2007

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

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

by Mukul Asher | On 05 Mar 2007

Book Review: Economists on the Couch

Review of 'Inside the Economist’s Mind: Conversations with Eminent Economists' Edited by Paul Samuelson and William A. Barnett No review can do adequate justice to the embarrassment of riches in th...

by Anand Chandavarkar | On 05 Mar 2007

Public Expenditure on Education : A Review of Selected Issues and Evidence

The role of education in economic development has been recognised for quite some time in mainstream economic literature. Divergence between the private and social rate of return from education is th...

by Anit Mukherjee | On 02 Mar 2007

Turnaround of Indian Railways: A Critical Appraisal of Strategies and Processes

Indian Railways (IR), which was declared to be heading towards bankruptcy as per the Expert Group on Indian Railways in 2001, is today the second largest profit making Public Sector Undertaking after...

by G. Raghuram | On 27 Feb 2007

Union Budget 2007-08: What May We Expect?

It is unrealistic to expect all problems to be solved in one budget. But it is possible for one budget to do a great deal of damage.

by Vinod Vyasulu | On 27 Feb 2007

Union budget 2007-08: What May We Expect?

It is unrealistic to expect all problems to be solved in one budget. But it is possible for one budget to do a great deal of damage

by Vinod Vyasulu | On 27 Feb 2007

Identifying models of Best Practices in the Provision of Technical Assistance to Facilitate the Implementation of TRIPS Agreement

The report intends to provide general and specific recommendations to both provider and recipient nations that they should take into consideration while undertaking any TA programme in a recipient nat...

by Rajesh Sagar | On 25 Feb 2007

Assessing the Applicability of Geographical Indications as a Means to Improve Environmental Quality in Affected Ecosystems and the Competitiveness of Agricultural Products

the objective of this report is to analyse the existing and potential links that can be established between current Geographical Indications (GIs) and regional sustainable development. A case study a...

by Mariano Riccheri, | On 24 Feb 2007

Does Capital Account Openness Lower Inflation?

This paper investigates the relationship between capital account openness and inflation since the 1980s. It argues that widespread capital account liberalization during the last two decades appears...

by Abhijit Sen Gupta | On 23 Feb 2007

Property Rights and Natural Resources: Socio-Economic Heterogeneity and Distributional Implications of Common Property Resource Management

Poverty, property rights and distributional implications of community-based resource management have become major topics of discussion and debate in recent years. This study tries to examine the contr...

by Bhim Adhikari | On 17 Feb 2007

Transaction Costs and Institutional Innovation: Sustainability of Tank Aquaculture in Sri Lanka

Freshwater community-based aquaculture was introduce to village irrigation tanks in the dry zones of Sri Lanka in order to off-set the limited supply of animal protein available to residents in inla...

by Athula Senaratne | On 17 Feb 2007

Fiscal Deficit, Capital Formation, and Crowding Out : Evidence from India

Theoretical literature identifies two variants of crowding out in an economy–real and financial. The real (direct) crowding out occurs when the increase in public investment displaces private capital...

by Lekha S. Chakraborty | On 17 Feb 2007

Reforming Delivery of Urban Services in Developing Countries: Evidence from a Case Study in India

Given the importance of urban public services in attracting firm location, increasing employment and facilitating economic growth, in this paper, the author examines the following questions: Is there...

by Kala Seetharam Sreedhar | On 17 Feb 2007

When it Rains on the Sand Dunes

A desert journey, from a pool where both humans and camels drank, to a bavadi then to a water tap in Khaba village has some valuable lessons about the ground realities of the social forces around wate...

by Meera Baindur | On 16 Feb 2007

Report of the Technical Expert Group on Patent Law Issues

A Technical Expert Group on Patent Law Issues was set up by the Government of India, Ministry of Commerce & Industry, Department of Industrial Policy & Promotion to examine whether it would be TRIPS c...

by R.A. Mashelkar | On 14 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

Paying Out-of-Pocket for Health Care in Asia: Catastrophic and Poverty Impact

Out-of-pocket (OOP) payments are the principal means of financing health care throughout much of Asia. The paper describe the magnitude and distribution of OOP payments for health care in 14 countrie...

by Eddy van Doorslaer | On 06 Feb 2007

Declining Trends in Public Health Expenditure in Maharashtra

This analysis of the trends in public health expenditure in Maharashtra shows that the State has to become more proactive in raising resources being allocated to the health sector. The level of publi...

by Ravi Duggal | On 01 Feb 2007

Poverty Begins at Home? Questioning some (Mis)conceptions about Children, Poverty and Privation in Female-Headed Households

Grounded in a popular stereotype that female-headed households are the ‘poorest of the poor’, it is often assumed that women and children suffer greater poverty than in households which conform with a...

by Sylvia Chant | On 30 Jan 2007

Approximate Poverty

The changed survey methodology of the 55th round (and the consequent furore that has ensued) has demonstrated that there is indeed uncertainty surrounding estimates of poverty. The uncertainties conce...

by David Williams | On 30 Jan 2007

Natural Resource Conservation, Use and Sustainability in Drylands

This keynote address of the conference on Natural Resource Conservation Use and Sustainability in Drylands, focuses mainly on some new concepts of resource assessments in dry areas, some recent debate...

by Yoginder Alagh | On 30 Jan 2007

Work Participation Rates in Madhya Pradesh : Comparison of Estimates based on Census and NSSO

This study estimates the work participation rates in Madhya Pradesh (including Chhatisgarh, prior to 2000) using both Census data and NSSO for relevant periods and compares these trends in the same wi...

by Sheetal Verma | On 29 Jan 2007

Dynamics of Caste-based Deprivation in Child Under-Nutrition in India

This paper makes an attempt at illustrating the dynamics of caste-based deprivation considering the case of child under-nutrition. It essentially demonstrates the patterns of differentials in nutrit...

by Rudra Narayan Mishra | On 26 Jan 2007

Globalisation and Health

This paper, one among a series for the Jan Swasthya Abhiyan addresses the issue of the impact of globalisation on health. How has globalisation affected different countries and who are the winners an...

by Jan Swasthya Abhiyan | On 25 Jan 2007

We Can Work It Out - The Globalisation of ICT-enabled Services

This paper examines the relationship between the share of employment potentially affected by offshoring and economic and structural factors, including trade in business services and foreign direct inv...

by Desiree Welsum | On 12 Jan 2007

Recent Social Security Reforms in Asia

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

by Mukul Asher | On 12 Jan 2007

Banking Sector Developments in India, 1980-2005: What the Annual Accounts Speak?

Banking sector in India is currently passing through an exciting and challenging phase. The reform measures have brought about sweeping changes in this vital sector of the country's economy. This pa...

by Ramasastri A.S. | On 10 Jan 2007

State Finances and Effectiveness of Policy Measures: An Analysis of Indian States

This paper provides a phase-wise analytical review of the fiscal situation of the Indian major States over the previous two and half decades and examines the effectiveness of the policy measures to s...

by Rajmal | On 10 Jan 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 Performance of Regional Rural Banks (RRBs) in India:Has Past Anything to Suggest for Future?

Since their inception, regional rural banks (RRBs) have taken deep roots and have become a sort of inseparable part of the rural credit structure in India. The financial viability of the RRBs has, h...

by Biswa Swarup Misra | On 10 Jan 2007

Identifying Asset Price Bubbles in the Housing Market in India - Preliminary Evidence

Devoted to the analysis of housing market in India, the paper employs a special decomposition scheme for the structural VAR proposed by Blanchard and Quah to study the impact of permanent shocks to...

by Himanshu Joshi | On 10 Jan 2007

A Review of Cross-Country Experience in Capital Account Liberalisation

The paper reviews the experience of select countries - both advanced and emerging markets - in regard to capital account liberalisation (CAL). The advanced countries' experience with regard to CAL is...

by Mohua Roy | On 10 Jan 2007

Agricultural Growth and Price Fluctuations: A Case Study of Production and Prices of Potato in Tripura

In Tripura also, potato as a crop has been associated with agricultural diversification and modernization. The area under cultivation of potato has increased remarkably during the plan period. This...

by P. Nayak | On 09 Jan 2007

Globalization and Structural Changes in the Indian Industrial Sector: An Analysis of Production Functions

The paper reports a study to investigate the structural changes in the manufacturing sector of India (possibly) brought about by liberalization and globalization of the economy. It assesses the struct...

by S.K. Mishra | On 09 Jan 2007

Doctrine of Precedent in WTO

This paper contends that the general understanding that precedent system does not apply in the WTO Dispute Settlement Mechanism. The author argues that the drafters or the negotiators always wanted to...

by Sheela Rai | On 09 Jan 2007

Singapore: The Art of Building a Global City

This article discusses the art of deliberately creating a global city for Asiain Singapore. Twnty-first century cities exist in order to allow human interaction and enhance lifestyle. Such clusters...

by Sanjeev Sanyal | On 09 Jan 2007

Creating Development Friendly Rules of Origin in the EU

The EU Commission argues that radical changes to he origin rules will both simplify processes and make them more development friendly. Will they? There are different opinions on what Rules of Origin s...

by Christopher Stevens | On 06 Jan 2007

Social Cleavages, Multiculturalism and Emerging Space for State in India under Globalisation Regime

This paper focuses on social cleavages based on class , caste,religion and ethnicity in India. It examines the political salience of caste and class conflicts and addresses the translation of social c...

by Sarojini Mishra | On 29 Dec 2006

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

Global Patterns of Income and Health: Facts, Interpretations, and Policies

People in poor countries live shorter lives than people in rich countries so that, if we scale income by some index of health, there is more inequality in the world than if we consider income alone. S...

by Angus S. Deaton | On 28 Dec 2006

Food Retailing, Supermarkets and Food Security: Highlights from Latin America

The importance of supermarkets in the world food economy has increased radically since the early 1990s. They are now major sellers and buyers of food items not only in developed but also in developin...

by Mehmet Arda | On 27 Dec 2006

NIPFP Policy Brief: Public Spending on Health in Low Income States and Central Transfers

There are two factors that make additional central transfers for reinforcing health services essential: (a) while the prescription of spending 3 percent of GDP on health may be an appropriate objec...

by Mita Choudhury | On 26 Dec 2006

Teacher Truancy in India: The Role of Culture, Norms and Economic Incentives

Social scientists often emphasize how ‘culture’ and ‘social norms’ can be important determinants of economic behavior and development. This raises questions of the relative importance of economic ince...

by Kaushik Basu | On 26 Dec 2006

Foreign Direct Investment to Developing Countries in the Globalised World

This paper discusses the key issues related to foreign direct investment flows to developing countries in the globalised world. In particular, the paper focuses on the recent trend and direction of fo...

by Sandy Kyaw | On 22 Dec 2006

Chasing the dragon: Accounting for the under-performance of India by comparison with China in attracting foreign direct investment

This paper compares and contrasts the performance of India and China in attracting foreign direct investment (FDI). Both economies are large emerging markets that had rather similar profiles in 1978....

by John S Henley | On 22 Dec 2006

Policymaking under Globalization Pressures: Reforming Public Utilities in Latin America

To analyse the role of partisan beliefs and interests, this paper focuses on two industries—telecoms and electricity—which have been subject to strong pressures for policy diffusion and thereby are u...

by Maria Victoria Murillo | On 21 Dec 2006

Using Micro Data to Understand Better the Intergenerational Transmission of Poverty in Low Income Developing Countries: Methdological Note

Good empirical analysis of the intergenerational transmission (IGT) of poverty is challenging. This note clarifies this challenge and possible contributions by considering: (1) what estimated relati...

by Jere R. Behrman | On 20 Dec 2006

An Index of Uncertainty for Business Cycle Leading Indicators

Leading indicators based on correlations with reference cycles are regularly used to monitor the economy. It would be useful if we could have a quantitative measure of the risk associated with leadi...

by Minakshy Iyer | On 20 Dec 2006

GATS Negotiations and India: Evolution and State of Play

India’s negotiating position on services has undergone a paradigm shift since the Uruguay Round. From being a leading opponent of the GATS in the early stages, India has now emerged as one of the cham...

by Kasturi Das | On 16 Dec 2006

Textile and Clothing Trade with European Union: Impact of year-old EU Generalised System of Preferences

Taking into account the latest data of exports of textiles and clothing to the European Union from South Asia and China, a year-end assessment of the impact of the Generalised System of Preferences (...

by C. Satapathy | On 14 Dec 2006

System of Rice Intensification in India: Innovation History and Institutional Challenges

This report documents the history of the systems of rice intensification (SRI, for short) in India in the last few years and presents some of the institutional changes and challenges that SRI throws u...

by C. Shambu Prasad | On 06 Dec 2006

State Level Reform and Role of Research

The role of the Reserve Bank of India (RBI) in the current stage of reform is crucial. The need for research and information collection not just at the national level but at the state-level has never...

by Vidya Pitre | On 05 Dec 2006

Making and Unmaking Poverty: Social Science, Social Programmes, and Poverty Reduction in India and Elsewhere

How does growth actually trickle down to remove an individual’s poverty? Is it through increases in employment? What other avenues did the benefits of growth travel through before reaching and helpi...

by Anirudh Krishna | On 05 Dec 2006

The Role of Self Help Group Bank Linkage Programme in Preventing Rural Emergencies in India

The Self-Help Emergency Prevention (SHEPherd) programme aims to use lessons from CRS/Orissa’s emergency responses in 1999 and 2001 to inspire an India-wide response to emergency prevention. The progr...

by Kim Wilson | On 03 Dec 2006

Performance Analysis of Fisherwomen Self-help Groups in Tamil Nadu

The present study attempted to assess the performance of Fisherwomen's self help groups (SHGs) in Tamil Nadu . Primary data required for the study were collected from 725 fisherwomen SHG members repr...

by R. Jayaraman | On 03 Dec 2006

The Age of Milton Friedman

Milton Friedman`s place in the world of economics is well assured not only because of his concepts and theorems but also due to his demonstration that free market can be an instrument of social justic...

by Deena Khatkhate | On 01 Dec 2006

Poverty in Remote Rural Areas in India: A Review of Evidence and Issues

Ironically the poverty situation, as reflected in the official statistics, depicts a rather contrary scenario with dryland regions having lower incidence of poverty despite their adverse agro-climat...

by Amita Shah | On 29 Nov 2006

Telecommunications Reform and the Emerging ‘New-Economy’: The Case of India

Telecommunications reform in recent years in almost all developed and developing nations created an opportunity to attract foreign direct investment. The investments have been taking place mainly in...

by Moazzem Hossain | On 27 Nov 2006

Economic Causes of Tropical Deforestation - A Global Empirical Application

The paper investigates the complex system of causes affecting tropical deforestation at a worldwide level. There is no generally accepted theory in the deforestation literature to indicate which varia...

by Silviu S. Scrieciu | On 27 Nov 2006

China's Pharmaceutical Industry: Typologies and Characteristics

This paper uses aggregate and firm level data to examine the characteristics of the Chinese pharmaceutical industry in general and its geographical agglomeration in particular. It addresses the foll...

by Hayan Zhang | On 27 Nov 2006

Mahatma Gandhi and the Prisoner’s Dilemma: Strategic Civil Disobedience and Great Britain’s Great Loss of Empire in India

This paper examines the relationship between statutory monopoly and collective action as a multi-person assurance game culminating in an end to British Empire in India. In a simple theoretical model,...

by Chowdhury Irad Ahmed Siddiky | On 27 Nov 2006

Premature Mortality and Poverty Measurement

There is a glaring paradox in all commonly used measures of poverty. The death of a poor person, because of poverty, reduces poverty according to these measures. This surely violates our basic intui...

by Ravi Kanbur | On 27 Nov 2006

Alternative Dispute Resolution Procedure for Agreements on Trade Facilitation

This paper outlines a facilitative procedure for settlement of disputes in the area of trade facilitation when the party against which a complaint has been lodged in a dispute happens to be a developi...

by C. Satapathy | On 23 Nov 2006

Book Review: Managing Natural Resources: Learning from People

The management of natural resources is quite complex and requires the involvement of multiple social actors or stakeholders. Managing natural resources sustainably requires learning from local people,...

by Haripriya Gundimeda | On 09 Nov 2006

Gender Equality as Smart Economics: A World Bank Group Gender Action Plan (Fiscal Years 2007-10)

An action plan to emplement World Bank's strategies.

by World Bank | On 08 Nov 2006

The North American Journal of Economics and Finance, October 2006: Asian Regionalism: a Symposium

Introduction: Regional integration in Asia editorial by Ramkishen S. Rajan Production fragmentation and trade integration: East Asia in a global context by Prema-chandra Athukorala and Nobuaki Yamas...

by The North American Journal of Economics and Finance | On 05 Nov 2006

Malaysia's Hazy Future

Malaysia is finding it difficult to translate current favourable macro-economic environment, and the commodity boom into sustainable competitive advantage in manufacturing and services and to cope wit...

by Mukul Asher | On 03 Nov 2006

Malaysia’s Hazy Future

Malaysia is finding it difficult to translate current favourable macro-economic environment, and the commodity boom into sustainable competitive advantage in manufacturing and services and to cope wit...

by Mukul Asher | On 03 Nov 2006

Overview of Bilateral Free Trade and Investment Agreements

A comprehensive inventory of bilateral FTAs on a global scale, with sections on Africa and the Middle East, Asia and the Pacific, and Latin America and the Caribbean. It highlights the key points of e...

by Bilaterals.org | On 03 Nov 2006

Valuation of Urban Air Pollution: A Case Study of Kanpur City in India

This study estimates the monetary benefits to individuals from health damages avoided as a result on reductions in air pollution in the urban industrial city of Kanpur in India. A notable feature of t...

by Usha Gupta | On 31 Oct 2006

Fiscal Decentralisation and Gender Responsive Budgeting in Mexico: Some Observations

This paper analyses the scope and limitations of gender responsive budgeting in Mexico within the overall framework of fiscal decentralisation. However, decentralised gender responsive budgeting can b...

by Lekha S. Chakraborty | On 31 Oct 2006

Midterm Review of Annual Policy Statement for the year 2006-07

* Repo Rate increased to 7.25 per cent from 7.0 per cent. * The flexibility to conduct overnight repo or longer term repo including the right to accept or reject tender(s) under the LAF, wholl...

by Reserve Bank of India | On 31 Oct 2006

Monetary Regionalism in Asia Revisited

Given the divergence in economic and institutional structures in the region, any attempt to create a common currency absent macroeconomic policy coordination and mechanism for automatic intra-regional...

by Ramkishen S. Rajan | On 30 Oct 2006

Monetary Regionalism in Asia Revisited

Given the divergence in economic and institutional structures in the region, any attempt to create a common currency absent macroeconomic policy coordination and mechanism for automatic intra-regional...

by Ramkishen S. Rajan | On 30 Oct 2006

China: Pension Provision and Pension Administration

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

by Shaoguang Wang | On 25 Oct 2006

Targeting the Poorest in Microfinance: Poverty Outreach of BDP Ultra Poor Programme

Despite the general consensus that microfinance does not reach the poorest; recent evidence suggests that nearly 15% of microfinance clients in Bangladesh are among the poorest. It is from the realiza...

by Proloy Barua | On 25 Oct 2006

Studies on Self-Help Groups of the Rural Poor

In pursuance of a recommendation made by the Asian and Pacific Regional Agricultural Credit Association (APRACA), the National Bank for Agriculture and Rural Development, in collaboration with some...

by | On 23 Oct 2006

Linking Banks and (Financial) Self Help Groups in India: An Assessment

A review of the progress and impact of the overall strategy for scaling up the SHG Bank Linkage Programme over the last decade. [Paper presented at the Seminar on SHG-bank Linkage Programme at New Del...

by Erhard. W. Kropp | On 23 Oct 2006

Using Change Rankings to Understand Poverty Dynamics: Examining the Impact of CFPR/TUP from Community Perspective

Studies of poverty dynamics relying solely on household income-expenditure surveys can yield noisy results, overestimating transient poverty and underestimating persistence of poverty, especially for...

by Munshi Sulaiman | On 23 Oct 2006

Understanding South Africa's Economic Puzzles

South Africa has undergone a remarkable transformation since its democratic transition in 1994, but economic growth and employment generation have been disappointing. Most worryingly, unemployment is...

by Dani Rodrik | On 13 Oct 2006

China's Embrace of Globalisation

As China has become an increasingly important part of the global trading system over the past two decades, interest in the country and its international economic policies has increased among internati...

by Lee Branstetter | On 13 Oct 2006

Buying spree

It is astonishing, and entirely unpredicted, that India’s outbound investment should begin to rival inbound FDI. The numbers quoted in a full-page report by the Financial Times earlier this week say t...

by T.N. Ninan | On 07 Oct 2006

PAER Issue No. 39, October 2006

* The Future of Economic Policy Making by Left-of-Center Governments in Latin America by Juan Carlos Moreno-Brid and Igor Paunovic (United Nations, Mexico) * Latin America: The End of an Era b...

by Post-Autistic Economics Movement | On 02 Oct 2006

Cautionary tale

Investors in today’s India should not need to seek escape from poor infrastructure and irrational labour laws, in special zones; rather, the underlying problems should be tackled in the country as a w...

by T.N. Ninan | On 01 Oct 2006

Take-off

The world economy is slowing down, the commodity sector is headed for bleaker times, the downswing phase of the business cycle could see problems emerge that are hidden during the good times, protecti...

by T.N. Ninan | On 01 Oct 2006

Wrong focus

If business gains at the expense of other stake-holders (consumers, the tax department, farmers), economic benefits get captured by a small minority at the top of the pyramid. Even without skewed poli...

by T.N. Ninan | On 01 Oct 2006

Book Review: W. Arthur Lewis: A Life in Development Economics

Tignor’s book attempts to give us the measure of the man in his professional life, with enough insight into personal development to help in this task. Lewis comes across as a man of brilliant insight...

by Ravi Kanbur | On 27 Sep 2006

A Cartography of Contemporary Developments in IPR of Plant Materials

This paper engages with the literature on intellectual property rights by adopting an evolutionary economist’s approach to the study of technologies.

by Dwijen Rangnekar | On 29 Aug 2006

The Future of Drug Development: the Economics of Pharmacogenomics

This paper models how the evolving field of pharmacogenomics (PG), which is the science of using genomic markers to predict drug response, may impact drug development times, attrition rates, costs,and...

by John A. Vernon | On 17 Aug 2006

Community Contribution for Environmental Sanitation: Myth or Reality?

Reforms in water and sanitation sector intended to make stakeholders part of the implementation process. In the process beneficiaries share partial capital cost and meet 100 per cent of operation and...

by Veerashekarappa | On 12 Aug 2006

Report of the Sardar Sarovar Project Relief and Rehabilitation Oversight Group on the Status of Rehabilitation of Project-affected Families in Madhya Pradesh

In the light of the observations of the Supreme Court in its order dated 17th April 2006, the Prime Minister constituted the Sardar Sarovar Project Relief & Rehabilitation Oversight Group. The manda...

by V.K. Shunglu | On 28 Jul 2006

An Approach to the 11th Five Year Plan: Towards Faster and More Inclusive Growth

The 11th Plan provides an opportunity to restructure policies to achieve a new vision of growth that will be much more broad based and inclusive, bringing about a faster reduction in poverty and hel...

by Planning Commission | On 19 Jul 2006

Research Ethics in Use of Statistical Methods*

Disagreements and confrontations are common among social scientists regarding conclusions obtained by two researchers on a similar premise. Such disagreements highlight two critical aspects of researc...

by Udaya S. Mishra | On 19 Jul 2006

Ethics of Social Research

As society develops, it is important to keep ethical problems under continuing scrutiny and debate. It should also be recognized that a productive balance is between society’s need for knowledge and i...

by Pradip Kumar Bose | On 19 Jul 2006

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

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

by Mukul Asher | On 17 Jul 2006

Post-Autistic Economics Review: Issue no. 38, 1 July 2006

- What Is Neoclassical Economics? Christian Arnsperger (University of Louvain, Belgium) Yanis Varoufakis (University of Athens, Greece) - The Autistic Economist Stanley...

by Post-Autistic Economics Movement | On 16 Jul 2006

From a Rights Perspective

The collection of papers demonstrates that the human right to development in essence brings together several distinct but not mutually inconsistent streams of philosophical, political, economic and so...

by Vijay Kumar Nagaraj | On 15 Jul 2006

Report of the third Session of the World Urban Forum

The quest for innovative ideas and practical solutions – rare for a meeting convened by the United Nations – was underscored in the six Dialogues, 13 Roundtables and more than 160 Networking Events. M...

by UN-HABITAT | On 13 Jul 2006

Our Future: Sustainable Cities--Turning Ideas into Action

In convening the third session of the World Urban Forum in Vancouver, the United Nations Human Settlements Program has asked us to focus our attention on the Sustainable City and consider critical cha...

by Patricia L. McCarney | On 13 Jul 2006

Keynote Address on Social Inclusion and Cohesion

A central challenge facing us here – how do we ensure that the issue of the urban poor, in particular, is given as much attention by the international community, beyond speaking about it?

by L.N. Sisulu | On 13 Jul 2006

Business Roundtable on Corporate Leadership for Sustainable Urbanization: Discussion Paper

The reality of urban development is that commerce and industry are two of its core drivers. Without the full participation of the private sector in efforts towards sustainable human settlements, the p...

by Rob Sinclair | On 13 Jul 2006

Mumbai/Shanghai: Prospects/Problems--Imitating Global, Failing Local

Do we aspire to be a ‘global’ city like Shanghai, with all the spit and polish to attract foreign investors by the drove? Or can we aim to be a city with a sustainable plan for its development – one t...

by Kalpana Sharma | On 13 Jul 2006

The Wealth of Cities: Towards an Assets-based Development of Newly Urbanizing Regions

The argument in this paper is in four parts: First, the author suggests that we can no longer treat cities apart from the regions surrounding them with which they are intensively entwined. Second, t...

by John Freidman | On 13 Jul 2006

Data Exclusivity: Another Self-Goal and a Trade Barrier

Introducing data exclusivity would require intending generic manufacturers to conduct their own duplicate trials – a process guaranteed to add further costs. The immediate entry of competitors after e...

by S Srinivasan | On 11 Jul 2006

Sub-National Innovation Networks in India: An Emerging Scenario

Proliferation of sub-national innovation networks, a relatively new concept, promises to be an alternative to centralized national innovation system. To be an independent entity, its growth must come...

by A.S. Rao | On 03 Jun 2006

Non-equity Alliances and the Performance of Indian Software Firms

The Indian software industry has grown very rapidly for more than a decade. In this study we report the results of a multivariate statistical analysis of the determinants of sales revenue growth and p...

by N.S. Siddharthan | On 03 Jun 2006

WCD Thematic Papers I.1: Contributing Paper: Dams and Benefit-Sharing

Historically, hydropower developed in the early 1900s as a local activity with small projects supplying local communities and industry: projects had local impacts and provided local benefits. As dams...

by Joseph Milewski | On 03 Jun 2006

Why Are We Still Arguing about Globalisation

This paper addresses the following question: why are we still arguing about globalisation? It analyses the recent evolution of debates relating to the impact of globalisation on poverty and economic...

by Andrew Sumner | On 02 Jun 2006

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

Ways of Paying for Global Public-Goods

simple schedule of governmental contributions, of paying for global public-goods and common purposes: use of IMF Special Drawing Rights (SDRs); the United Kingdom’s International Finance Facility (IFF...

by Anthony Clunies-Ross, | On 02 Jun 2006

An evaluation of the developmental implications of the World Bank and IMF lending policies

This paper dwells on the essential requirements of economic development and the role of international credit,. It is also an incursion into the operational principles and strategies of the World Ba...

by Musa Jega Ibrahim | On 01 Jun 2006

Antidumping Duties as a Measure of Contingent Protection: an Analysis of Indian Experience

The aim of this paper is to analyse India's anti dumping behaviour. India has become a major user of anti dumping measures, initiating more than 300 cases against many of its trading partners. After...

by Nandana Baruah | On 23 May 2006

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

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

by Roddy McKinnon | On 23 May 2006

Implications of Rules of Origin: An Analysis

The formulation of appropriate criteria for origin determination is crucial for any country or regional trading block interested in ensuring growth and economic. Perhaps this is the single most impor...

by C. Satapathy | On 19 May 2006

The Value of Timber, Carbon, Fuelwood,and Non-Timber Forest Products in India's Forests

Accounting for forest wealth is an important ingredient in creating a framework for analysing policy trade-offs. This study describes forestry-related stocks and flows in terms of land area (under fo...

by Haripriya Gundimeda | On 15 May 2006

MDGs : Millennium or Moving Development Goals?Health Sector Starved of Funds

The budget 2006-07 proposals in health care fell well short of India’s march towards achieving Millennium Development Goals(MDGs), the National Health Policy (NHP) goals and fully operationalising the...

by Vinish Kathuria | On 09 May 2006

And Now a Car Story

The country’s export of automobiles has grown faster than software over the last four years. it does look as though automobile manufacture will be a new arrow in the country’s quiver. [Editorial . B...

by T.N. Ninan | On 03 May 2006

And Now a Car Story

It does look as though automobile manufacture will be a new arrow in the country’s quiver. This may be hard to believe, when one looks at the strengths of the automobile industries in the US and Japa...

by T.N. Ninan | On 03 May 2006

Integrating poverty reduction in IMF-World Bank Models

This paper outlines the Fund-Bank analytical frameworks and presents a critical appraisal indicating the importance of both demand and supply constraints in the countries undertaking Fund adjustment p...

by Brigitte Granville | On 27 Apr 2006

Making globalisation work for the poor: The 2000 White Paper Reconsidered

The argument of the White Paper are Basically robust, but could be improved Long-term determinants of prosperity •Relatively less emphasis on openness •More emphasis on incentives to invest Short...

by Adrian Wood | On 27 Apr 2006

Rivers for Life: Inspirations and Insights from the 2nd International Meeting of Dam-Affected and their Allies

On November 28, 2003, roughly 300 grassroots activists, people affected by large dams and representatives from NGOs gathered in a small village in Rasi Salai district in Northeast Thailand. They met...

by Susanne Wong | On 25 Apr 2006

Dams and Development

The dams debate is simple because behind the array of facts and figures, of economic statistics and engineering calculations, lie a number of basic and easily understood principles. If adhered to and...

by World Commission on Dams WCD | On 24 Apr 2006

Weekend Ruminations: Casting for jobs

The reality of caste representation in the corporate sector may not be out of line with what the government would like.

by T.N. Ninan | On 23 Apr 2006

Three Observations on the Challenges of Growth and Poverty Reduction in Asia

While Asia’s success in growth and poverty reduction is to be greatly welcomed, and should be analysed for the lessons it has for other countries, the policy discourse should take on board three key p...

by Ravi Kanbur | On 21 Apr 2006

Impact on India of Tariff and Quantitative Restrictions under WTO

This paper assesses the impact of India’s unilateral tariff reductions and lowering of quantitative restrictions since 1991. It then evaluates the WTO commitments on nonagricultural market access in...

by Bishwanath Goldar | On 21 Apr 2006

Strengthening the Export Competitiveness of firms in the Indian Pharmaceutical Industry

This paper attempts to identify the factors that determine the export competitiveness of firms in the Indian pharmaceutical industry. Our findings suggest that the competitiveness of firms depends not...

by Aradhna Aggarwal | On 21 Apr 2006

The Role of Price and cost Competitiveness in Apparel Exports, post MFA: A Review

Global outsourcing, technical change, and falling barriers to trade worldwide have transformed the structure of production and global competition in the textile and apparel industry. This sector has...

by Meenu Tiwari | On 20 Apr 2006

Technological Change in Kerala Industry:Lessons from Coir Yarn Spinning

Technological backwardness is a crucial fact of Kerala's industrial life. The major industries in Kerala, coir processing, handloom weaving, and beedi-making are marked by the use of low productive te...

by K.T. Rammohan | On 20 Apr 2006

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

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

by Mukul Asher | On 17 Apr 2006

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

Public health, Innovation and Intellectual Property Rights: Report of the Commission on Intellectual Property Rights,Innovation and Public Health

On April 3, 2006, an independent commission on Intellectual Property Rights (IPR), innovation and public health presented its report to the World Health Organisation (WHO). The report was commissioned...

by | On 14 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

Legislative Brief: The Food Safety and Standards Bill, 2005

The main objectives of the Bill are: (a) to introduce a single statute relating to food, and (b) to provide for scientific development of the food processing industry. The Bill aims to establish a sin...

by M. R. Madhavan | On 14 Apr 2006

Minimal Visible Inequality is Human Development

The urgent task ahead is the reduction of the visible inequalities in education, health and housing, thus contributing to a broad based evolution of human capabilities. As for the macroeconomic envir...

by Bhanoji Rao | On 11 Apr 2006

Gender Critiques of Budgets: How Useful?

While critical perspectives on the budget are certainly necessary and are useful, they are not sufficient to produce the change necessary. For that we need to encourage civil society initiatives on en...

by Maithreyi Krishnaraj | On 07 Apr 2006

American housing market: a source of relief or weakness?

In late March the release of data on sale of new homes in the US showed that it had dropped 10 per cent, the biggest drop in nine years. In the immediate aftermath of this report, the US currency gav...

by V. Anantha Nageswaran | On 07 Apr 2006

An Emerging Knowledge Economy and a Stagnating Agrarian Economy: Contradictions in Andhra Pradesh under Globalization

This paper presents some features of the contradictions in Andhra Pradesh’s economy today: the fast growth of IT and other technology-intensive industries in Hyderabad, and the alarming levels of dist...

by Jayan Jose Thomas | On 30 Mar 2006

India’s Post-Liberalisation Growth Experience: An Analysis by the Demand Components

This paper tries to examine the sustainability aspect of the rate of growth (rog) in recent years, designated as ‘the second phase of liberalisation’. This paper is based on the Keynesian framework wh...

by Anamitra Roychowdhury | On 29 Mar 2006

India’s Pharmaceutical Industry in the WTO Regime: A SWOT Analysis

A SWOT analysis of the Indian Pharmaceutical Industry (IPI) in the WTO regime reveals that the much acclaimed IPI’s expertise in process development skills were made possible by the amendments made...

by N. Lalitha | On 28 Mar 2006

Trends and Patterns of Technology Acquisition in Indian Organized Manufacturing: An Inter-industry Exploration

With liberalization of foreign technology import policy in the 1990s, India has seen declining R&D intensity at national level. This has generated a general concern on how Indian industries are doin...

by Jaya Prakash Pradhan | On 28 Mar 2006

Migration and Labour mobility in the Leather Accessories Manufacture in India

Liberalisation and the policies thereafter have lead to a definite increase in production and export from the leather accessories industry in India. The focus of this paper is on migration and labour...

by Jesim Pais | On 28 Mar 2006

Understanding ‘Crises’ in a Traditional Industry: Case of Coir in Kerala

The paper attempts to critically analyse the issues that are an offshoot of the open market regime pursued in the industry. Intense competition between exporters for developed country suppliers along...

by I. Kalamani | On 28 Mar 2006

Foreign Direct Investment and Technology Spillovers:Evidence from the Indian Manufacturing Sector

During the recent period, many countries compete with each other to attract foreign investment. When MNCs invest in a host country, it is assumed that a part of their technology spills to the host cou...

by Subash Sasidharan | On 26 Mar 2006

The Persistence of Underdevelopment:Institutions, Human Capital or Constituencies?

Why is underdevelopment so persistent? One explanation is that poor countries do not have institutions that can support growth. Because institutions (both good and bad) are persistent, underdevelopmen...

by Raghuram G. Rajan | On 26 Mar 2006

Post-Autistic Economics Review, Issue No 36, February 2006

Results of Greatest Twentieth-Century Economists Poll Towards a Concrete Utopian Model of Green Political Economy by John Barry Economics Is Structured Like a Language by William Kaye-Blake ...

by Post-Autistic Economics Movement | On 26 Mar 2006

Chronicles of Tragedies and Harbingers of Hope: Resistance to Neo-Liberalism-- People’s Movements and Alternatives

Neo-liberal economic policies have threatened land security, security of employment opportunities and food security. In the background representatives of the peasantry have to transform themselves int...

by Vijoo Krishnan | On 26 Mar 2006

Coping with Risk or Courting More Risk?report on changing rural livelihoods during agrarian distress in Kerala

This paper deals with the agrarian distress experienced in parts of rural Kerala from the latter half of the 1990s, and the ways in which the distress affected the livelihoods of cultivating household...

by R. Ramakumar | On 26 Mar 2006

Regional and Gender Disparities in Agricultural Wages

This study on agricultural wages shows that states like West Bengal and Gujarat have performed well in providing gender equal wages to men and women. Kerala’s performance in maintaining gender equal w...

by Shambhu Ghatak | On 26 Mar 2006

Regional Diffferences in FDI Inflows: China – India Comparison

An analysis of regional differences in the flow of FDI in China and India is important as in both these countries a few regions account for the bulk of FDI inflows. There are very few studies on regi...

by N.S. Siddharthan | On 23 Mar 2006

Union Budget 2006-07: Reforms in Indirect Taxes: Long on Rhetoric

The Finance Minister’s speech presenting the Union Budget 2006-07 indicated that long-overdue reforms of the tariff structure had been undertaken in this year’s budget. But a careful analysis of thes...

by Sukumar Mukhopadhyay | On 22 Mar 2006

Hans Singer: Obituary

Hans Wolfgang Singer, development economist, died on February 26 2006. Singer's best known work relates to the declining terms of trade experienced by developing countries. First published in 1949,...

by Richard Jolly | On 22 Mar 2006

Does a Rising Tide Lift All Boats Evenly?Health Investments and Gender Inequality in India

Gender inequality in South Asia is an important policy issue; gender imbalances in mortality have been of particular concern. Policy makers often argue that increasing the level of development and ac...

by Emily Oster | On 21 Mar 2006

A Changed World: A Plea for New Thinking

This paper queries the rightness of the current mainstream thinking on development and technological change; expresses the apprehension that the much-feared climate change seems to have begun, and con...

by Ramaswamy R. Iyer | On 20 Mar 2006

Finance Bill 2005

To give effect to the financial proposals of the Federal Government for the year beginning on the first day of July, 2005, and to enact and amend certain laws:

by Ministry of Finance, Government of Pakistan, | On 15 Mar 2006

Pakistan: Budget Speech: 2005-06

1. The development budget has been increased by 34.7%, which is the highest increase to date. 2. Current expenditures will increase by 18%. The main reasons for the increase are the relief that gov...

by Ministry of Finance, Government of Pakistan, | On 14 Mar 2006

Why is Exchange Rate Pass-through So Low?

Policy makers are particularly concerned about the extent and speed of exchange rate pass-through into domestic prices. However, in recent times there seems to be a growing degree of disconnect betw...

by Amit Ghosh | On 14 Mar 2006

Indo-US Nuclear Deal: Time to be Wary

Now that the nuclear deal has been struck, there is a real danger of India now settling comfortably into a de facto NWS status within a welcoming international non-proliferation architecture. This wil...

by D.Raghunandan | On 14 Mar 2006

Hunger and Health: Addressing Urgent Issues

This statement following a workshop on ‘Hunger and Health: An Interdisciplinary Dialogue attended by a cross-section of India’s nutritional scientists, health professionals, public health specialists,...

by Workshop on Hunger and Health Interdisciplinary Dialogue | On 13 Mar 2006

Gender Audit of Budgets

The Budget is an important tool in the hands of state for affirmative action for improvement of gender relations through reduction of gender gap in the development process. Budgets garner resources th...

by Vibhuti Patel | On 09 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

Union Budget : Financing Social Sector Budgets

There has been a perception that since the introduction of what have derisively been called “neo-liberal” reforms, the social sectors i.e. those dealing with education and health, have suffered. Is...

by Ajit Karnik | On 07 Mar 2006

FEER :The March Issue

Technology: The Siren Song of Technonationalism by David Kang and Adam Segal India’s Coming Eclipse of China by Hugo Restall Trade: Social Justice and Global Trade by Joseph Stiglitz Law: Chinese L...

by Far Eastern Economic Review | On 07 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

The Budget, Outlays, and Inequality

Growth, or more accurately, the quality of growth, is intricately linked to inequality and so the Finance Minister and the government need to do more by addressing problems of governance as well. htt...

by Errol D'souza | On 06 Mar 2006

The Budget, Outlays, and Inequality

Growth, or more accurately, the quality of growth, is intricately linked to inequality and so the Finance Minister and the government need to do more by addressing problems of governance as well.

by Errol D'souza | On 06 Mar 2006

Sri Lanka: Budget Speech by Finance Minister in Parliament

'Mahinda Chintana' : Towards a New Sri Lanka

by Ministry of Finance and Planning Sri Lanka | On 05 Mar 2006

Sri Lanka: Budget Brief, 2006: Towards a New Sri Lanka

Tax Proposals and Administration Summary of Budget 2006

by Ministry of Finance and Planning Sri Lanka | On 05 Mar 2006

Sri Lanka: Recent Economic Developments: Highlights of 2005 and Prospects for 2006

Economic Review of Developments in 2005 and Prospects for 2006. Presented before the Budget for 2006.

by Ministry of Finance and Planning Sri Lanka | On 05 Mar 2006

Editorial: Union Budget: Securing its Legacy

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

by Mukul Asher | On 05 Mar 2006

Union Budget 2006-07: Securing its Legacy

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

by Mukul Asher | On 04 Mar 2006

Medico Friend Circle Bulletin, 315, February-March 2006

Wishing away a Condition: Issues of Concern in the Control and Treatment of Leprosy - Jan Swasthya Sahayog(JSS) How to Count the Poor Correctly versus Illogical Official Procedures - Utsa Patnaik...

by Medico Friend Circle | On 04 Mar 2006

What’s So Special about China’s Exports?

Much more than comparative advantage and free markets have been at play in shaping China's export success. Government policies have helped nurture domestic capabilities in consumer electronics and oth...

by Dani Rodrik | On 04 Mar 2006

Union Budget 2006-07: Speech

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

by Ministry of Finance | On 28 Feb 2006

Gujarat: Budget Speech 2006-07

by Ministry of Finance Government of Gujarat | On 27 Feb 2006

Economic Survey 2005-06, Chapter 10

Social Sectors

by Ministry of Finance | On 27 Feb 2006

Economic Survey 2005-06, Chapter 9

Infrastructure

by Ministry of Finance | On 27 Feb 2006

Economic Survey 2005-06, Chapter 8

Agriculture

by Ministry of Finance | On 27 Feb 2006

Economy Survey 2005-06, Chapter 7

Industry

by Ministry of Finance | On 27 Feb 2006

Economic Survey 2005-06, Chapter 6

External Sector

by Ministry of Finance | On 27 Feb 2006

Economic Survey 2005-06, Chapter 5

Prices and Food Management

by Ministry of Finance | On 27 Feb 2006

Economic Survey 2005-06, Chapter 4

Securities Markets

by Ministry of Finance | On 27 Feb 2006

Economic Survey 2005-06,Chapter 2

Public Finance

by Ministry of Finance | On 27 Feb 2006

Economic Survey 2005-06, Chapter 1

General Review

by Ministry of Finance | On 27 Feb 2006

Role of Japan in BIMSTEC

The main objective of the paper is to explore the role of Japan in the Bay of Bengal Initiative for Multi-Sectoral and Technical Cooperation (BIMSTEC). The analysis suggests that BIMSTEC-Japan cooper...

by Mukul Asher | On 26 Feb 2006

Widening of Tax Base and Evasion of Tax: Thirty-third Report of the Standing Committee on Finance (2005-06)

The challenge to the tax system to expand both the revenue base and progressively bring into the net larger number of taxpayers remains as daunting as ever. The object is not to ignore the generally...

by Standing Committee on Finance | On 26 Feb 2006

The Economic Costs of the Iraq War: An Appraisal Three Years After the Beginning of the Conflict

Many aspects of the Iraq venture have turned out differently from what was purported before the war: there were no weapons of mass destruction, no clear link between Al Qaeda and Iraq, no imminent dan...

by Linda Bilmes | On 25 Feb 2006

Financial Health of Private Hospitals in India

Hospitals are an important component of the healthcare delivery system. Over the years, India has experienced a significant increase in the number iof hospital beds to meet the growing health demands...

by Ramesh Bhat | On 24 Feb 2006

Some Key Issues in Policy, Pricing, Regulation, and Financing of Irrigation Development in India Today

This paper discusses the stylised problems relating to water and irrigation in India and argues tht most of the inefficeincies, misuse and environmental damage have their roots in the mispricing of wa...

by Sebastian Morris | On 24 Feb 2006

Attracting Export-Oriented FDI:Can India Win the Race?

Why has India has performed poorly in attracting export oriented foreign direct investment (EFDI) as compared to its peer groups such as China. The empirical literature on the location of EFDI indic...

by Jaya Prakash Pradhan | On 20 Feb 2006

Home-based Work in India: A Disappearing Continuum of Dependence?

In India, the recent decade has seen particularly dynamic changes in the economy due to the economic reforms. This might have had a significant impact on the labour markets and also led to expansion...

by Jeemol Unni | On 16 Feb 2006

IEEMA Pre-Budget Memorandum

EEMA is however deeply concerned with regard to a few issues, particularly about the recent FTA’s with neighboring countries like Thailand, Singapore, Bangladesh and other countries. EEMA fears that,...

by Indian Electrical & Electronics Manufacturers` IEEMA | On 16 Feb 2006

COAI Proposals for Union Budget 2006-07

Measures sought by the association.

by Cellular Operators Asociation of India (COAI) | On 16 Feb 2006

Financial Integration in East Asia: How Far? How Much Further to Go?

Despite numerous empirical studies examining various facets of the topic, the degree of intraregional financial integration in East Asia remains a matter of vigorous debate. This paper offers a select...

by Tony Cavoli | On 07 Feb 2006

Assessing Effectiveness of Child Marriage Restraint Act, 1929: Toothless is not Useless

Not all forms of tradition are good. How does civil society attempt to change these conventions? In particular can legislation be effective at all in such cases? Have there been instances when societ...

by Neeraj Hatekar | On 07 Feb 2006

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

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

by Mukul Asher | On 06 Feb 2006

Transition to Market and Normative Framework of Fiscal Federalism

This paper deals with the challenges of fiscal federalism in planned economies. Planned economies through their various policy instruments to control the resource allocation introduce several source...

by M.Govinda Rao | On 06 Feb 2006

What’s Social Policy Got To Do With Economic Growth?

So what’s social policy got to do with economic growth? Quite a lot, it would appear, if one takes the results of cross-country growth regressions at face value, as they are by many social policy anal...

by Ravi Kanbur | On 03 Feb 2006

India-Taiwan: Case for Robust Economic Partnership

As India continues to pursue calibrated globalisation and expand external linkages, this is an opportune time to develop robust economic partnership with Taiwan, an economy with a GDP of over US$300b...

by Mukul Asher | On 02 Feb 2006

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

Raising the Tax Ratio by Reining in the 'Tax Breaks': An Agenda for Action

The increase in direct taxes has not been able to offset the decline that resulted from the reduction in customs tariff and decline in excise revenue. The task facing the policymakers now is to explor...

by Amaresh Bagchi | On 01 Feb 2006

Discussion Note: Draft National Pharmaceutical Policy 2006

A note on the long-awaited Draft National Pharmaceutical Policy 2006. The Policy appears to have taken into consideration consumer needs, paying respect to rational therapeutics. A closer examinati...

by All-India Drug Action Network (AIDAN) | On 28 Jan 2006

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

Elementary Education: Rising Expenditure, Poor Quality: Book Review

Review of 'The Economics of Elementary Education in India: The Challenge of Public Finance, Private Provision and Household Costs' edited by Santosh Mehrotra; Sage, New Delhi; 2005, pp.328.

by P. Geetha Rani . | On 20 Jan 2006

Social Capital, Diversity and (Economic) DEvelopment: Evidence from Indian IT Industry, Bangalore

This paper addresses two sets of questions related to IT development and lessons to be drawn for other regions both in and outside India. Firstly, based on original fieldwork an additional argument t...

by Florian A. Taube | On 19 Jan 2006

ICT sector and regional economic development:Evidence from Karnataka State

This paper distinguishes the contribution of information and communication technology (ICT) sector to economic development by manufacturing and service activities in Karnataka State. Using the availab...

by M.R. Narayana | On 19 Jan 2006

Social Mobility in the Context of occupational Health: Case of Silk Reeling

Karnataka is the single largest producer of silk in the country.As an income generation activity,sericulture has been seen as part of anti-poverty efforts of both the state and central governments. Ho...

by Anand Inbanathan | On 19 Jan 2006

Irrigation, Agrarian Change and Local Politics: in South Telengana, 1960-1996

This paper deals with the impact of irrigation on agrarian change and local politics in the period, 1960 to 1996 in the irrigated region of South Telengana, Andhra Pradesh. The article is based on a p...

by V. Anil Kumar | On 17 Jan 2006

Draft National Pharmaceutical Policy, 2006

In 2002 the government had formulated a new Drug Policy, but the same could not be implemented due to litigation involving it. As a consequence, the policy of 1994 continues to be in force.The pr...

by Department of Chemicals and Petrochemicals | On 16 Jan 2006

AT Times When Limbs May Fail: Social Security for Unorganised Workers in Karnataka

Policy makers, therefore, often encounter the following questions while formulating the social security schemes. What are the priority social security needs of unorganized workers? What existing mecha...

by D. Rajasekhar | On 13 Jan 2006

Karnataka Yeshasvini Health Insurance Scheme: Towards Comprehensive Health Insurance Coverage in Karnataka?

This is a case study of the Yeshasvini Health Insurance Scheme for rural farmers and peasants in Karnataka. The scheme, now in its second year of operation, covers 2.2 million farmers and peasants w...

by Sarosh Kuruvilla | On 13 Jan 2006

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

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

by Anonymous | On 12 Jan 2006

Regulation and Supervision of Pension Funds in India

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

by S.P. Subedar | On 12 Jan 2006

International Best Practices in Pension Supervision

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

by Thomas E. Power | On 12 Jan 2006

Recent Social Security Reforms In Selected Asian Countries

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

by Mukul Asher | On 12 Jan 2006

Pension Benefits/Business in India

Power Point Presentation on Pension Benefits/business

by K. Subramanyam | On 12 Jan 2006

The Dynamics of Population Ageing

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

by R. Nagarajan | On 12 Jan 2006

Agrarian Reform for a Liberal Pattern of Society? Karnataka's Land Policy and the New Dispensation

It is puzzling how much the discourse of development has backed away from the seemingly central question of rural poverty: land. Elaborate rules concerning its distribution, rights, regulation, prot...

by Ronald Herring | On 12 Jan 2006

Regional and Gender Disparity in Agricultural Wages

This study on agricultural wages shows that states like West Bengal and Gujarat have performed well in providing gender equal wages to men and women. Kerala’s performance in maintaining gender equal w...

by Shambhu Ghatak | On 11 Jan 2006

Choosing not to Participate--Evidence from Drought-Prone Area Programme in Chitradurg, Karnataka

This paper examines the evidence on the constraints that farmers face in participating in a programme evolved by 'somebody else' viz, ‘the government’, . The paper begins with a discussion on the typ...

by G.Ananda Vadivelu | On 09 Jan 2006

The Mystery of China’s Sinking Stocks

The article exposes the shortcomings of China’s stock markets and examines the failed attempts by the government to introduce meaningful stock-market reform. China has largely avoided major policy blu...

by Weijian Shan | On 07 Jan 2006

Consultation Paper on Issues Relating to Convergence and Competition in Broadcasting and Telecommunications

This Consultation Paper, being issued with a view to making recommendations to the Government under section 11(1)(a)(iv) of the TRAI Act, focuses on the need to bring about convergence in all aspects...

by Telecom Regulatory Authority of India (TRAI) | On 04 Jan 2006

India-ASEAN Cooperation in Services: An Overview

This paper analyses the opportunities in services trade that may arise out of the India-ASEAN Economic Cooperation to makes an assessment of the net gains that could arise from liberalisation of the c...

by Suparna Karmakar | On 24 Dec 2005

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

Doha Work Programme: Draft Ministerial Text circulated (December 7, 2005) prior to the Sixth Ministerial Meeting in Hong Kong

The Draft document circulated at the beginning of the Sixth WTO Ministerial Conference held in Hong Kong, China, 13–18 December 2005.

by World Trade Organisation | On 19 Dec 2005

The Impact of Mode 4 Liberalization on Bilateral Trade Flows

This paper gives insights into the possible trade creating effects of service trade liberalization via Mode 4. In particular we expect that temporary movements of persons, like permanent movements, h...

by Marion Jansen | On 19 Dec 2005

Multilateral Solutions to the Erosion of Non-Reciprocal Preferences in NAMA

This paper analyzes the risks of preference erosion arising from MFN trade liberalization in manufactured products. It focuses on developing countries that receive non-reciprocal preferences in the m...

by Patrick Low | On 19 Dec 2005

The Economic Impact of EPAs in SADC Countries

The Cotonou Agreement introduces new fundamental principles with respect to trade between the European Union and African, Caribbean and Pacific countries relative to the Lomé Convention: in particula...

by Alexander Keck | On 19 Dec 2005

Public Services and GATS

The status of public services is one of the most hotly debated issues surrounding the GATS. There are two approaches to distinguish such services from any other services: an institutional approach t...

by Rolf Adlung | On 19 Dec 2005

Who’s Going Broke? Comparing Growth in Healthcare Costs in Ten OECD Countries

Government healthcare expenditures have been growing much more rapidly than GDP in OECD countries. For example, between 1970 and 2002 these expenditures grew 2.3 times faster than GDP in the U.S., 2.0...

by Laurence J. Kotlikoff | On 16 Dec 2005

Current WTO Negotiations on domestic Subsidies in Agriculture: Implications for India

This paper analyses the present state of play of WTO negotiations and evaluates how effective the current WTO provisions will be to reduce domestic subsidies in developed countries. The findings sugg...

by Parthaprathim Pal | On 12 Dec 2005

Evolution of Anti Dumping Measures

This paper looks at how the term ‘dumping’ is understood by the economists, trade and trade officials and multilateral bodies like the WTO and traces the origin and evolution of antidumping measures...

by C. Satapathy | On 12 Dec 2005

Environmental Quality Provision and Eco-labelling: Some Issues

This paper is a literature survey of some relevant issues arising from environmental quality provision and eco-labelling schemes. First of all it is shown how the two topics are strictly related. Firm...

by Laura Valentini | On 11 Dec 2005

Controlled Capital Account Liberalisation: A Proposal

This paper outlines a proposal for a controlled approach to capital account liberalization for economies experiencing large capital inflows. The proposal essentially involves securitizing a portion o...

by Eswar S. Prasad | On 09 Dec 2005

India: From White Collar to Blue

India has joined China as the darling of the global investor community. Much of this is well deserved since 14 years of economic reform have genuinely transformed the economy. However, the main driver...

by Sanjeev Sanyal | On 09 Dec 2005

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

Until banking sector reforms were introduced in India in 1991, the emphasis in the credit provision through formal banking system was to meet the targets at the expense of the quality of credit and vi...

by Gagan Bihari Sahu | On 08 Dec 2005

Realising Universal Labour Rights:Labour Standards for Small Enterprises in Pakistan

Labour protection has largely failed as enterprise contribution to social protection. Much labour legislation does not apply to micro and small enterprises (MSE) ; those laws that do apply are complie...

by Pakistan Institute of Labour Education & Research (PILER) | On 08 Dec 2005

Poverty Knowledge and Poverty Action: Evidence from Three States in India

Even as some households are coming out of poverty, other households are concurrently falling into poverty. Poverty creation and poverty destruction are proceeding alongside. A bottom-up methodology...

by Anirudh Krishna | On 08 Dec 2005

Gandhi’s Economic Thought and Modern Economic Development: Some Reflections

A fresh wave of globalisation since the early 1990s has created both hope and despair. Failure of state has reaffirmed faith in market based institutions. Expansion in trade across national borders an...

by Sudarshan Iyengar | On 07 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

Pharmaceuticals, WTO/TRIPs and Women

This paper looks at the effects of WTO/TRIPS and pharmaceuticals on women. The focus is on the poor and women. The first part of the paper tries to show the linkages between the idea of intellectual p...

by S Srinivasan | On 27 Nov 2005

Hepatitis B and the Case of the Missing Women

In many Asian countries the ratio of male to female population is higher than in the West -- as high as 1.07 in China and India, and even higher in Pakistan. A number of authors (most notably Sen, 19...

by Emily Oster | On 27 Nov 2005

East Asian Community: Prospects and Challenges

There is a growing need to a more institutionalized economic arrangement in East Asia. East Asia Economic Community might be an ideal form of such institution. However, the road is still long and...

by A Damuri | On 23 Nov 2005

Opportunities and Challenges in Building an East Asian Community

Inherenet weaknesses in AFTA and AEC and the need to counter regionalism in other parets of the world are some of the important reasons for evolving an East Asian Community. However, there are severa...

by Joseph Yap | On 23 Nov 2005

WTO News and Views

by ICRIER | On 22 Nov 2005

Agricultural Biotechnology and Biosafety in India: Expectations, Outcomes and Lessons

The concept of ‘agricultural biotechnology’ covers two main categories of activities, one of which is characterised by genetic modification using recombinant DNA techniques (GM-technology), while the...

by A. Indira | On 22 Nov 2005

Development of National Infrastructures open to Asia and the Role of Fukuoka

The Asian Age is coming and these are some of the factors aiding it. The reduction of the domestic market (decrease in population, development of service economy and increase in imports); Dissolution...

by Akira Yamasaki | On 22 Nov 2005

East Asian Integration: Opportunities for Fukuoka and Japan

In order to advance regional integration in East Asia, there needs to be a rapid expansion of FTAs. The obstacles in promotion of FTAs need to be resolved. Some of the features in realising FTAs are:...

by Shujiro Urata | On 22 Nov 2005

Singapore's Role in Building of an East Asian Community

An East Asian community(EAC) is an idea now being seriously pursued in spite of significant challenges. Proliferating bilateral deals in Asia could emerge as building blocks towards the EAC, provided...

by Rahul Sen | On 22 Nov 2005

Dams

The construction of large dams is one of the most costly and controversial forms of public infrastructure investment in developing countries, but little is known about their impact. This paper studies...

by Esther Duflo | On 21 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

B.S.Minhas: 'Prescribing Rationality'

In his early years, B S Minhas, who passed away recently, enriched economics with his valued theoretical contributions that are today an integral part of economic literature. These were both acknowled...

by Deena Khatkhate | 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

Riots in Mau: Report on an Investigation

On October 13-14, 2005 Mau in Uttar Pradesh, India experienced widespread violence and communal tension. Mau has a long history of communal tensions. It is largely rural district with a minority of...

by Rooprekha Verma | On 16 Nov 2005

Contract Farming for Agricultural Development:Review of Theory and Practice with Special Reference to India

The present paper examines contract farming and its situation in India on the basis of nature of contracts, nature of contract growers, practice and implementation of contract farming and techniques,...

by Sukhpal Singh | On 11 Nov 2005

Underground Gun Markets

This paper provides an economic analysis of underground gun markets drawing on interviews with gang members, gun dealers, professional thieves, prostitutes, police, public school security guards and t...

by Philip J. Cook | On 11 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

Mughal Decline, Climate Change, and Britain’s Industrial Ascent:An Integrated Perspective on India’s 18th and 19th Century Deindustrialization

India was a major player in the world export market for textiles in the early 18th century, but by the middle of the 19th century it had lost all of its export market and much of its domestic market....

by David Clingingsmith | On 10 Nov 2005

A sustainable and scalable approach in Indian pension reform

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

by Ajay Shah | On 08 Nov 2005

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

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

by Mukul Asher | On 08 Nov 2005

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

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

by Yu-Wei Hu | On 22 Oct 2005

Banking on Limited Freedom

Successive finance ministers have been calling the public sector banks “to brace for a wave of consolidation” to become global players. However, calling for world-beaters does not produce them; vision...

by Aruni Mukherjee | On 22 Oct 2005

Economic Backwardness in History: Deviation from a Eurocentric Theme

This paper aims to demonstrate that the economic behaviour of ordinary men and women in the pre-colonial Deccan was as much ‘capitalistic’ as that of similar agents in contemporary Europe. The differe...

by Neeraj Hatekar | On 21 Oct 2005

Recent Social Security Reforms In Selected Asian Countries

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

by Mukul Asher | On 11 Oct 2005

Demographics And Global Savings Glut

There is growing evidence that demographic changes have played an important role in driving Asia’s economic transformation by generating high savings rates.In this report, the author argues that high...

by Sanjeev Sanyal | On 01 Sep 2005

The Development Of Development Thinking

This essay examines the evolution of thinking on development and development policy, with a special focus on economic issues, in the last fifty years. In particular, it explores the interaction betwee...

by Ravi Kanbur | On 30 Aug 2005

FDI CAp in pension may not be at 26 per cent

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

by Anonymous | On 28 Aug 2005

Crop Insurance Scheme: A Case Study Of Banana Farmers In Wayanad Districts

Crop insurance is recognised to be a basic instrument for maintaining stability in farm income, through promoting technology, encouraging investment, and increasing credit flow in the agricultural sec...

by Manoj Kumar K | On 11 Aug 2005

Pharmaceutical Policy, 2002

Pharmaceutical Policy of 2002 covering issues of pricing, ,marketing, size of market, quality, production, investment, regulatory authority, monitoring, ethical issues

by Anonymous | On 10 Aug 2005

Modifications in Drug Policy 1986

Modifications to Drug Policy 1986

by Anonymous | On 10 Aug 2005