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Matching keywords : Monetary, inflation, framework, regimes, liquidity, mechanism, reverse repo, co-movements, nominal, expenses.

Weekend Ruminations: The meaning of 'partly free'

How far the govt will go towards establishing its control depends on the effectiveness of domestic institutional resistance and on how much it wants to risk international censure.

by T.N. Ninan | On 08 Mar 2021

Know Your Publishing Space: Institutional Repositories

Institutional repositories(IRs), if established in various universities, would help bring out the contributions by Indian researchers on the world map, especially in the field of Arts, Humanities, and...

by Shubhada Nagarkar | On 19 Feb 2021

The Sunday Edit: Communicating science in pandemic times

The pandemic has inevitably prompted a spike in the coverage of science, in the form of medical research and health sciences. Will this lead to better attention to science in the media? Will it promp...

by Padma Prakash | On 30 Jun 2020

COVID, Reverse migration and opportunities to reinvent Gram Swaraj

One of the distressingly overwhelming scenes which followed the sudden announcement of lockdown was mass reverse migration of lakhs of migrant workers from more industrialized and urbanized states and...

by | On 02 Jun 2020

News, Noise and Indian Business Cycle

New Keynesian Dynamic Stochastic General Equilibrium (DSGE) models with various specifications of technology, markup and interest rate shocks are estimated with Indian data using Kalman filter based p...

by Ashima Goyal | On 25 Apr 2019

When do regulatory interventions work?

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

by Nidhi Aggarwal | On 25 Apr 2019

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

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

by Hongyi Chen | On 01 Apr 2019

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

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

by Ashima Goyal | On 29 Mar 2019

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

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

by Katja Hanewald | On 03 Feb 2019

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

Towards India’s New Fiscal Federalism

The paper explored deep analytical issues such as the nature of the objective function to be optimized, planning horizon, choice of the discount rates, etc. No wonder, his book “Capital and Developmen...

by Vijay Kelkar | On 30 Jan 2019

Testing the Friedman-Schwartz Hypothesis Using Time Varying Correlation

This study analyses the time varying correlation of money and output using the DCC GARCH model for the Euro, India, Poland, the UK and the US. Apart from simple sum money, this model uses Divisia mone...

by Taniya Ghosh | On 30 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

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

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

by Ranjan Kumar Mohanty | On 23 Jan 2019

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

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

by Ila Patnaik | On 23 Jan 2019

Asian Development Outlook Forecast Accuracy 2007–2016

This paper assesses the accuracy of Asian Development Outlook growth and inflation forecasts for 43 Asian economies from 2007 to 2016, against the benchmark of World Economic Outlook projections by th...

by Benno Ferrarini | On 22 Jan 2019

Competition in Two Sided Markets with Congestion

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

by Swapnil Sharma | On 27 Dec 2018

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

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

Money and Business Cycle: Evidence From India

This paper takes a New Keynesian model with non-separable money in utility to Indian data using maximum likelihood. The identification problem in isolating the effect of money on output and inflation...

by Ashima Goyal | On 21 Sep 2018

Evaluating India's Exchange Rate Regime Under Global Shocks

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

by Ashima Goyal | On 24 Aug 2018

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

Macroeconomic Overview of the Philippines and the New Industrial Policy

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

by Maureen Ane D. Rosellon | On 06 Jul 2018

Welfare Issues in Price Control on Occasions of Calamities, Emergencies, and Like Occurrences

This study focuses on the implications of RA7581 during disaster events, and answer issues on the effects of price control on consumer protection and local economic recovery as well as provides discou...

by Sonny N. Domingo | On 05 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

Regulating Infrastructure Development in India

This paper reviews the existing framework for infrastructure development and the associated standards in India, and identifies areas for concern. Rather than deeply analysing any one standard, this pa...

by Sanhita Sapatnekar | On 15 Jun 2018

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

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

by Roman Mogilevskii | On 11 Jun 2018

The Impact of Monetary and Tax Policy on Income Inequality in Japan

This paper assesses the effects of the most recent monetary policy behavior of the Bank of Japan (BOJ) (in particular, zero interest rate policy and negative interest rate policy) and Japanese tax pol...

by Farhad Taghizadeh-Hesary | On 09 Jun 2018

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

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

by Carlos De Resende | On 09 Jun 2018

Rural Wage Dynamics in India: What Role does Inflation Play?

This paper studies the relationship between rural wage growth and inflation in India to assess the risk of a wage - price spiral to the inflation trajectory. The results...

by Sujata Kundu | On 14 May 2018

Forward Guidance

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

by Marcus Hagedorn | On 24 Apr 2018

Implementation of the POCSO Act: Goals, Gaps and Challenges

The study comes at a crucial time when key actors as well as the general public would like to know more about how effective is the implementation of the main law protecting children from sexual abus...

by Bharti Ali | On 24 Apr 2018

Monetary Policy: Its Changing Objectives, Instruments and Results

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

by | On 15 Mar 2018

Cash Holding and Tax Evaded Incomes in India – A Discussion

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

by R. Mohan | On 14 Mar 2018

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

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

by Emily Breza | On 10 Mar 2018

Managing Financial Globalization: Insights from the Recent Literature

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

by Shang-Jin Wei | On 10 Mar 2018

Population Pressure on Land in Kerala

The paper examines how Kerala, a demographically and socially well advanced state in India, responded to the high population pressure during the 30 year period from 1975-76 to 2005-06.

by N. Ajith Kumar | On 07 Mar 2018

What do Self-Reports of Wellbeing Say about Life-Cycle Theory and Policy?

The paper examines a measure of self-reported evaluative wellbeing, the Cantril Ladder, and use data from Gallup to examine wellbeing over the life-cycle. It assesses the validity of the measure, and...

by Angus Deaton | On 07 Mar 2018

Seeing the Forest for the Trees? An Investigation of Network Knowledge

The paper studies a dynamic model of the decision to continue or abandon a research project. Researchers improve their ideas over time and also learn whether those ideas will be adopted by the scienti...

by | On 07 Mar 2018

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

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

by | On 06 Mar 2018

Learning When to Quit: An Empirical Model of Experimentation

The paper studies a dynamic model of the decision to continue or abandon a research project. Researchers improve their ideas over time and also learn whether those ideas will be adopted by the scienti...

by Bernhard Ganglmair | On 06 Mar 2018

Reduction in Carbon Emissions Intensity among Indian Manufacturing Firms and Its Impact on Their Export Competitiveness, 2009-2013

Between 2002-03 and 2012-13, energy consumption intensity and carbon dioxide (CO2) emissions intensity of Indian manufacturing declined by about 30 percent. During the last 10 to 15 years, Indian ma...

by | On 05 Mar 2018

Estimates of Air Pollution in Delhi from the Burning of Fire Crackers during the Festival of Diwali

Delhi is one of the most polluted cities in the world, especially in the winter months from October - January. These months coincide with the religious festival of Diwali. It is argued that air qualit...

by Dhananjay Ghei | On 27 Feb 2018

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

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

by Rupayan Pal | On 22 Feb 2018

The Growth Slowdown and the Working of Inflation Targeting in India

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

by Ashima Goyal | On 22 Feb 2018

Sexual Violence in Armed Conflict: Understanding the Motivations

The paper talks about the unequal power relations, discrimination and misogyny in patriarchal societies are exacerbated by the promotion of aggression and violence during war.

by E.J. Wood | On 21 Feb 2018

What Evidence Exists for Initiatives to Reduce Risk and Incidence of Sexual Violence in Armed Conflict and Other Humanitarian Crises? A Systematic Review

This systematic paper aimed to canvas the extent and impact of initiatives to reduce incidence, risk and harm from sexual violence in conflict, post-conflict and other humanitarian crises, in low and...

by Jo Spangaro | On 20 Feb 2018

Performance and Challenges of the UN Human Rights Council : An NGOs’ View

The current dynamic within the UN Human Rights Council (HRC) has driven the Council in certain cases to function more closely in accordance with normative standards, as well as with the reality on t...

by | On 12 Feb 2018

Economic Survey 2017: Volume II, Chapter 4: Prices and Inflation

Inflation in the country continued to moderate during 2017-18. CPI based headline inflation averaged 3.3 per cent during April-December 2017-18, the lowest in the last six financial years. The signi...

by Arun Jaitley | On 31 Jan 2018

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

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

by Arun Jaitley | On 31 Jan 2018

A Guide to Transparency Under the UNFCCC and the Paris Agreement

This guide is for government officials in Least Developed Countries (LDCs) who will be preparing reports and communications on their country’s climate change circumstances and actions under the UN Fra...

by | On 23 Jan 2018

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

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

by K. V. Ramaswamy | On 16 Jan 2018

Inequality, Employment and Public Policy

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

by S.Mahendra Dev | On 16 Jan 2018

Reviewing the Status of Education in Tribal Areas in Maharashtra

One of the biggest challenges faced by the Indian education system in the last several decades since Independence has been expansion without a simultaneous assurance of equity in educational opportuni...

by Centre for Budget and Policy Studies CBPS | On 01 Jan 2018

What does the new 2011-12 IIP series tell us about the Indian manufacturing sector?

The paper discusses the changes in the new 2011-12 base year series of the Index of Industrial Production (IIP) to ask, whether the new series has improved our under-standing of the growth in the manu...

by Radhika Pandey | On 12 Dec 2017

Should We Reject the Natural Rate Hypothesis ?

Fifty years ago, Milton Friedman articulated the natural rate hypothesis. It was composed of two sub-hypotheses: First, the natural rate of unemployment is independent of monetary policy. Second, ther...

by | On 08 Dec 2017

Informal Employment in India: An Analysis of Forms and Determinants

This paper disaggregates informal employment into different forms, with particular focus on the growing informalisation of the labour force by formal enterprises. The analysis of the determinants of f...

by Rosa Abraham | On 05 Dec 2017

Monetary Policy and Credit Demand in India and Some EMEs

Impact of changes in policy rate of interest on demand for bank credit is examined for seven emerging market economies including India for the period 2002 to 2010. Panel data techniques are used after...

by | On 01 Dec 2017

Freedom of Expression in Pakistan: A myth or a reality

The study adopts a qualitative approach to understand the power dynamics and draws out conclusions from a wide variety of stakeholders regarding the issues at hand.

by Sadaf Liaquat | On 23 Nov 2017

The Development of Global Responses to Child, Early and Forced Marriages

This report attempts to map the history of global responses to eradicate child marriage. However, child marriage is not an isolated issue, as it often encompasses early and forced marriages, though th...

by HAQ Centre for Child Rights HAQCRC | On 21 Nov 2017

What Constrains Indian Manufacturing ?

India has undertaken extensive reforms in its manufacturing sector in the last two decades. However, an acceleration of growth in manufacturing, and a concomitant increase in employment, has eluded I...

by Poonam Gupta | On 17 Nov 2017

Can Anyone Hear Us ? Voices From 47 Countries

This study is part of a global research effort entitled Consultations with the Poor, designed to inform the World Development Report 2000/1 on Poverty and Development. The research involved poor peop...

by | On 07 Nov 2017

The Impact of Adult education on Knowledge, Self - Awareness and Confidence: Evidence from a Randomized Controlled Trial in India

Using the random assignment of illiterate women to an adult literacy and numeracy program – Tara Akshar – in Uttar Pradesh in north India, the attempt is made to gauge the effect of adult education on...

by Ashwini Deshpande | On 03 Nov 2017

Macroeconomic Impact of International Reserves: Empirical Evidence from South Asia

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

by Prakash Shrestha | On 18 Oct 2017

Polysilicon Manufacturing in India: Go or No-Go

The report narrates that the Government of India has announced an ambitious solar power target of 100 GW by 2022.

by Bhupesh Verma | On 12 Oct 2017

Selecting Appropriate Methodological Framework for Time Series Data Analysis

This paper discusses the properties of time series data, compares common data analysis methods and presents a methodological framework for time series data analysis

by Dr. Min Shrestha | On 09 Oct 2017

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

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

by Sarthak Karki | On 06 Oct 2017

Relationship between Financial Literacy and Behavior of Small Borrowers

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

by Ramesh Chaulagain | On 06 Oct 2017

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

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

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

by Taniya Ghosh | On 18 Sep 2017

The Plutocratic Bias in the Indian CPI

The Laspeyres-type consumer price index (CPI) is traditionally used to measure the changes in cost-of-living over time. Studies indicate this CPI suffers from a plutocratic bias, attaching greater wei...

by Dilip M. Nachane | On 18 Sep 2017

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

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

by S. Mahendra Dev | On 18 Sep 2017

Monetary Transmission in India: Working of Price and Quantum Channels

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

by Ashima Goyal | On 15 Sep 2017

Trade Potential of the Fishery Sector: Evidence from India

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

by Veena Renjini K K | On 13 Sep 2017

State Intervention: A Gift or Threat to India’s Sugarcane Sector?

This paper examines the nature, changes and factors responsible for issues and problems faced by the sugarcane growers and sugar mills in India. This paper is based on the latest available secondary d...

by Abnave Vikas B. | On 12 Sep 2017

India’s Phytonutrient Report - A Snapshot of Fruits and Vegetables Consumption, Availability and Implications for Phytonutrient Intake

The objective of the study is to understand the ‘actual’ consumption patterns of fruits and vegetables in India and compare this to the World Health Organization (WHO) ‘recommended’ quantity for an ad...

by Arpita Mukherjee | On 31 Aug 2017

'Urban Bias' in the Flow of Funds and Deposit Mobilisation: Evidence from Karnataka, India

The paper argues that as bankers consider deposits a means for security, easy and attractive deposit schemes should be introduced in rural areas.

by Gagan Bihari Sahu | On 23 Aug 2017

GPG clauses in collective agreements, including summaries of the discussions in the trade unions

Social partners, sensibilisation, monitor, training, employees’, employment, trade unionists, problem, evaluation, transparency.

by Szilvia Borbély | On 21 Aug 2017

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

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

by Biju Varkkey | On 21 Aug 2017

Strengthening Local Governance in Africa: Beyond Donor-Driven Approaches

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

by Göran Hydén | On 10 Aug 2017

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

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

by Bhabesh Hazarika | On 09 Aug 2017

Report of the Working Group on Resolution Regime for Financial Institutions

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

by Reserve Bank of India RBI | On 08 Aug 2017

CAG Report Summary Reproductive and Child Health under National Rural Health Mission

The Comptroller and Auditor General of India (CAG) released an audit report on the Reproductive and Child Health (RCH) programme under the National Rural Health Mission (NRHM) on July 21, 2017. The Re...

by PRS Legislative Research | On 07 Aug 2017

CAG Report Summary Electrification Projects in Indian Railways

The Comptroller and Auditor General of India submitted a report on the electrification projects in Indian Railways (between 2013-14 and 2015-16) on July 21, 2017. Trains on Indian Railways are hauled...

by PRS Legislative Research | On 07 Aug 2017

A Measure of Finance-Neutral Output Gap for India

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

by Deba Prasad Rath | On 04 Aug 2017

Comparison of Consumer and Wholesale Prices Indices in India: An Analysis of Properties and Sources of Divergence

This paper provides a comparative assessment of CPI and WPI in terms of its key characteristics, particularly on the method of compilation, distributional properties and measures of underlying inflat...

by Praggya Das | On 04 Aug 2017

Balance of Payments Manual for India

The report says that the BoP, thus, includes all transactions showing: (a) transactions in goods, services and income between an economy and the rest of the world, (b) changes of ownership and other c...

by Reserve Bank of India RBI | On 03 Aug 2017

What Explains Call Money Rate Spread in India?

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

by Sunil Kumar | On 03 Aug 2017

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

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

by Harendra Behera | On 03 Aug 2017

Tracking Change Islamabad in Livelihoods, Service Delivery and Governance: Evidence from a 2012-2015 Panel Survey in Pakistan

The subject of this study is the relationship between the delivery of services, social protection and livelihoods assistance, and state legitimacy (measured here using perceptions of government perfor...

by Babar Shahbaz | On 01 Aug 2017

Reconfiguring International Financial Institutions: The BRICS Initiative

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

by Manmohan Agarwal | On 31 Jul 2017

Does Government Borrowing Crowd out Private Sector Credit in Pakistan

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

by Sajjad Zaheer | On 31 Jul 2017

Energy, Poverty and Development: A Primer for the Sustainable Development Goals

The seventh goal of the Sustainable Development Goals (SDGs) is dedicated to ensuring access to affordable, reliable, sustainable and modern energy for all by 2030. While energy was implicit in the Mi...

by Hannah Goozee | On 28 Jul 2017

Valuation of Subsoil Minerals: Application of SEEA for Bangladesh

The present paper is an attempt to conduct a valuation of the three most important exhaustible natural resources, viz., natural gas, coal and hard rock, via the System of Environmental-Economic Accou...

by Mahfuz Kabir | On 27 Jul 2017

Localising the gender equality goal through urban planning tools in South Asia

This paper also highlights the need for a coordinated approach to SDG implementation by demonstrating the case of gender equality and urban planning.

by Shrimoyee Bhattacharya | On 26 Jul 2017

Book Review: Notes from the 'Other' Side

Book review of Reporting Pakistan By Meena Menon; Penguin Random House, Pp. 340, Rs 599.

by Amrit B L S | On 24 Jul 2017

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

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

by Taniya Ghosh | On 21 Jul 2017

Energy Efficiency Developments and Potential Energy Savings in the Greater Mekong Subregion

Greater gains in energy savings are possible from improved energy efficiency and conservation measures, both as a smart business investment, and an imperative for the global community.

by Asian Development Bank Institute | On 18 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

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

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

by Asian Development Bank Institute | On 12 Jul 2017

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

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

by Asian Development Bank Institute | On 11 Jul 2017

Financial Soundness Indicators for Financial Sector Stability in Georgia

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

by Asian Development Bank Institute | On 07 Jul 2017

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

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

by Asian Development Bank Institute | On 06 Jul 2017

Asia Bond Monitor - September 2015

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

by Asian Development Bank Institute | On 06 Jul 2017

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

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

by M.W. Rosegrant | On 05 Jul 2017

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

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

by Asian Development Bank Institute | On 04 Jul 2017

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

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

by Asian Development Bank Institute | On 04 Jul 2017

Asia Bond Monitor - November 2015

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

by Asian Development Bank Institute | On 29 Jun 2017

Fiji: Building Inclusive Institutions for Sustained Growth - Executive Summary

The report says Fiji’s economy has seen 5 years of positive growth since 2010 - one of its few episodes of sustained growth since 1970. Growth averaged 3.3% a year during 2010-2014, which is nearly fo...

by Asian Development Bank Institute | On 27 Jun 2017

Asian Development Outlook 2015 Supplement: Growth Holds Its Own in Developing Asia

The report says Asia’s developing economies remain on track to post growth of 5.8% in 2015 and 6.0% in 2016, as the region’s economies remain resilient to continued economic weakness in industrialized...

by Asian Development Bank Institute | On 26 Jun 2017

Asia Bond Monitor - June 2017

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

by Asian Development Bank Institute | On 23 Jun 2017

Transitions to K–12 Education Systems: Experiences from Five Case Countries

The paper says that preparing and implementing a K–12 transition absorbs considerable financial and human resources. It follows that the reasons for restructuring must be compelling.

by Jouko Sarvi | On 21 Jun 2017

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

The report herein provide in-depth analysis of the state of technical and vocational education and training (TVET) and higher education in Nepal.

by Asian Development Bank Institute | On 19 Jun 2017

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

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

by Demetrios G. Papademetriou | On 16 Jun 2017

Asia Bond Monitor - March 2016

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

by Asian Development Bank Institute | On 15 Jun 2017

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

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

by Asian Development Bank Institute | On 12 Jun 2017

Asia Bond Monitor - June 2016

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

by Asian Development Bank Institute | On 06 Jun 2017

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

Vital Stats Overview of Road Accidents in India

The report narrates that in 2015, there were about five lakh road accidents in India, which killed about 1.5 lakh people and injured about five lakh people. India, as a signatory to the Brasilia decla...

by Prachee Mishra | On 30 May 2017

Understanding Judicial Delays in Debt Tribunals

The paper argue that the judicial statistics that are currently collected are inadequate for understanding and solving the problem of judicial delay. It propose a new approach to collecting data, whic...

by Prasanth Regy | On 25 May 2017

Bangladesh: Consolidating Export-led Growth - Country Diagnostic Study

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

by Asian Development Bank Institute | On 23 May 2017

Asia Bond Monitor - September 2016

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

by Asian Development Bank Institute | On 23 May 2017

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

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

by Asian Development Bank Institute | On 22 May 2017

Analysis of Simultaneous Elections : The "What", "Why" and "How"

This paper narrates that elections impact everyone in the entire country – citizens, businesses, administrative machinery, constitutional institutions, political parties, leaders and so on. Eventual i...

by Bibek Debroy | On 18 May 2017

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

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

by Asian Development Bank Institute | On 16 May 2017

ASEAN+3 Bond Market Guide 2016: Japan

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

by Asian Development Bank Institute | On 16 May 2017

ASEAN+3 Bond Market Guide 2016: Thailand

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

by Asian Development Bank Institute | On 16 May 2017

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

Credit Guarantees: Challenging Their Role in Improving Access to Finance in the Pacific Region

This paper draws on the background research by Saumya Mitra. PSDI thanks Erik Aelbers for preparing Appendix 2: Credit Guarantee Schemes in the Pacific, and Melissa Dayrit and Amanda Lucas-Frith for h...

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

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

by Asian Development Bank Institute | On 10 May 2017

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

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

by Asian Development Bank Institute | On 10 May 2017

Open Windows, Closed Doors: Mutual Recognition Arrangements on Professional Services in the ASEAN Region

The report says although these MRAs share nearly identical objectives, they diverge significantly in terms of institutional structures, requirements, and procedures. Not all MRAs are created equal. Gl...

by Dovelyn Rannveig Mendoza | On 09 May 2017

Asian Water Development Outlook 2016: Description of Methodology and Data

This paper provides background information on the applied methodology and the underlying data of the Asian Water Development Outlook 2016 (AWDO 2016). The purpose is to document the methodology and th...

by Asian Development Bank Institute | On 09 May 2017

The Emerging Indonesian Data Center Market And Energy Efficiency Opportunities

This study contributes to a growing body of research demonstrating that adoption of internationally available and well-proven energy efficiency measures can improve the effectiveness, sustainability...

by Asian Development Bank Institute | On 04 May 2017

Cost Channel, Interest Rate Pass-Through and Optimal Policy under Zero Lower Bound

This paper analyzes optimal monetary policy under zero lower bound in the presence of cost channel. Cost channel introduces trade-o¤ between output and inflation when economy is out of ZLB. As a res...

by Taniya Ghosh | On 04 May 2017

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

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

by Subrata Sarkar | On 03 May 2017

Global Wage Report 2016/17: Wage Inequality in the Workplace

This new ILO Global Wage Report – the fifth in a series that now spans over a decade – contributes to this agenda by making comparative data and information on recent wage trends available to governme...

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

Macroeconomic Impact of Demonetisation: A Preliminary Assessment

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

by Reserve Bank of India RBI | On 21 Mar 2017

Macroeconomic Impact of Demonetisation-A Preliminary Assessment

Demonetisation announced on November 8, 2016 was aimed at addressing corruption, black money, counterfeit currency and terror financing. Although demonetisation holds huge potential benefits in the me...

by Reserve Bank of India RBI | On 15 Mar 2017

Anger Management: Aggression and Punishment in the Provision of Public Goods

The ability to punish free-riders can increase the provision of public goods. However, sometimes the benefit of increased public good provision is outweighed by the costs of punishments. One reason a...

by | On 21 Feb 2017

Indian Variant of MTEF: The Scope and Opportunities to Develop an Effective Budget Planning Process

The paper examines the medium-term fiscal policy (MTFP) and a more conventional medium-term expenditure framework (MTEF) adopted in India under the provisions of the fiscal rules. The MTFP and the MTE...

by Pratap Ranjan Jena | On 10 Jan 2017

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

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

by | On 28 Dec 2016

Air Pollution and Health Damages in China: An Introduction and Review

The authorities have responded to this challenge, and there has been clear progress in some areas of pollution control. As a result of these actions, and concurrent changes in economic policies and th...

by | On 23 Dec 2016

The State of India's Pulses Sector

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

by | On 15 Dec 2016

Inflation in Pakistan: Money or Oil Prices

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

by Mehak Moazam | On 07 Dec 2016

E-governance, Accountability, and Leakage in Public Programs: Experimental Evidence from a Financial Management Reform in India

In collaboration with the Government of Bihar, India, a large-scale experiment is conducted to evaluate whether transparency in fiscal transfer systems can increase accountability and reduce corrupt...

by Abhijit Banerjee | On 02 Dec 2016

Report Summary: White Paper on Black Money

According to the Paper, black money is a serious issue because it has a ‘debilitating effect’ on governance and public policy and this affects the poor disproportionately. [PRS Report Summary].

by Vishnu Padmanabhan | On 17 Nov 2016

Asymmetric Impact of Relative Price Shocks in Presence of Trend Inflation

This study examines whether skewness of cross sectional distribution of relative price shocks has asymmetric impact on aggregate inflation. The empirical evidence from various countries suggests tha...

by Sartaj Rather | On 16 Nov 2016

A Stagnant Agriculture in Kerala: The Role of the State

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

by Lekshmi R Nair | On 08 Nov 2016

Human Rights and Women in India: A Critical Perspective

The rape followed by the death of a New Delhi university student in December 2012 shamed India and her cultural ethos while sparking nationwide debate over the need to make laws more stringent if not...

by | On 02 Nov 2016

Valuation of Coastal and Marine Ecosystem Services in India: Macro Assessment

The aim of this study is to value, in monetary units, coastal and marine ecosystem services in India. The reasons for doing so are two–fold: i) the destruction and degradation of coastal ecosystems...

by K. S. Kavi Kumar | On 25 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

Regime Shifts in India’s Monetary Policy Response Function

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

by Lokendra Kumawat | On 10 Oct 2016

Financial Stability in a Weak Global Environment

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

by S.S. Mundra | On 10 Oct 2016

Growth and Distribution: Understanding Developmental Regimes in Indian States

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

by | On 07 Oct 2016

Role of Institutions and Policies in Diffusion of Micro-irrigation in Gujarat, Western India

the role of institutional innovations and subsidy policy interventions in the diffusion of micro-irrigation across the state in the recent years. While the first part makes a comprehensive review o...

by Chandra Sekhar Bahinipati | On 26 Sep 2016

Habitat III National Reports for the Asia-Pacific Region

The National Reports received to date were considered during the development of the Regional Report and examples from National Reports have been incorporated into the Regional Report as appropriate T...

by United Nations (UN) | On 07 Sep 2016

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

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

by Deepthi Mary Mathew | On 07 Sep 2016

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

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

by Asif Mahmood | On 07 Sep 2016

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

How does Supply Chain Distortion affect Food Inflation in India?

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

by Rudrani Bhattacharya | On 29 Aug 2016

On What States do Prices Depend? Answers from Ecuador

This paper argues that differences in the cost structure across sectors play an important role in the decision of firms to adjust their prices. It develops a menu-cost model of pricing in which retail...

by Craig Benedict | On 18 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

Vital Stats: Parliament during Monsoon Session 2016

The Monsoon Session of Parliament concluded on August 12, 2016. The session had 20 sittings, during which various Bills were passed, including a Constitutional Amendment Bill enabling the levy of a G...

by Kusum Malik | On 16 Aug 2016

Infrequent but Long-Lived Zero-Bound Episodes and the Optimal Rate of Inflation

Countries rarely hit the zero-lower bound on interest rates, but when they do, these episodes tend to be very long-lived. These two features are difficult to jointly incorporate into macroeconomic mod...

by Marc Carreras | On 16 Aug 2016

Do Private Equity Funds Manipulate Reported Returns?

Private equity funds hold assets that are hard to value. Managers may have an incentive to distort reported valuations if these are used by investors to decide on commitments to subsequent funds manag...

by Gregory Brown | On 12 Aug 2016

Policy and Evidence

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

by Raghuram G. Rajan | On 03 Aug 2016

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

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

by Helen Levy | On 03 Aug 2016

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

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

by Eric Budish | On 27 Jul 2016

Designing the Green Climate Fund: Issues for Consideration

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

by Prodipto Ghosh | On 26 Jul 2016

Cost Channel, Interest Rate Pass-Through and Optimal Monetary Policy under Zero Lower Bound

This paper analyzes the optimal discretionary monetary policy under Zero Lower Bound (ZLB) for varying degree of interest rate pass-through. This paper finds that (i) exit date from ZLB becomes endoge...

by Siddhartha Chattopadhyay | On 13 Jul 2016

Oil Price, Exchange Rate and the Indian Macro Economy

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

by Taniya Ghosh | On 12 Jul 2016

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

Global Commodity Prices and Inflation in a Small Open Economy

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

by Muhammad Nadim Hanif | On 30 Jun 2016

Capabilities and Skills

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

by James J. Heckman | On 28 Jun 2016

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

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

by Sumon Kumar Bhaumik | On 27 Jun 2016

Executive Stock Options: Will it Work as a Good Governance Mechanism in all Scenarios?

In this paper, it is contended that ESoPs will not work as a good governance or mitigation mechanism in all types of firms. ESoPs can be an effective mitigation mechanism for a firm with dispersed own...

by | On 25 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

Elucidation of the Fifth National Report on Convention to Combat Desertification

This document covers the initiatives and contributions of Government of India, Science and Technology Institutions and Civil Society Organisations in addressing the issues of desertification, land de...

by Ministry of Environment and Forests GOI | On 17 Jun 2016

Ministry of Finance and Planning Annual Report 2010

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

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

Engaging with the Criminal Justice System: A Guide for Survivors of Sexual Violence

In order to encourage prosecution of sexual offences, mandatory reporting was introduced by the Protection of Children from Sexual Offences Act, 2012 (“POCSO Act”), and in 2013 the Criminal Law was am...

by | On 15 Jun 2016

The Global Nutrition Report 2016

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

by International Food Policy Research Institute | On 14 Jun 2016

Corporate Debt Market in India: Key Issues and Policy Recommendations

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

by Anubhuti Sahay | On 06 Jun 2016

Global Commodity Prices and Inflation in a Small Open Economy

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

by Muhammad Nadim Hanif | On 06 Jun 2016

Honor and Stigma in Mechanisms for Environmental Protection

Honor and stigma play a role in environmental protection. Environmental honors are bestowed on people and firms who go out of their way to do right by the environment. Similarly, environmental stigm...

by Prasenjit Banerjee | On 03 Jun 2016

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

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

by Mausumi Das | On 26 May 2016

Women, Energy and Water in the Himalayas: Integration of Women in Planning and Management

The policy guidelines were developed as part of the pilot project 'Incorporating Needs and Roles of Women in Water and Energy Management in Rural Areas in South Asia-Capacity Building in Rural Areas o...

by | On 18 May 2016

Housing Policy in the Republic of Korea

This paper evaluates housing policy in the Republic of Korea over the past several decades, describes new challenges arising from the changing environment, and draws lessons for other countries. The m...

by Kyung-Hwan Kim | On 18 May 2016

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

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

by Kusum Malik | On 17 May 2016

The Global Risks Report 2016: 11th Edition

Now in its 11th edition, The Global Risks Report 2016 draws attention to ways that global risks could evolve and interact in the next decade. The year 2016 marks a forceful departure from past finding...

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

Pursuing Development: The Perils of the Beaten Track

The report of a high level committee led by Vijay Kelkar to promote balanced development in Maharashtra has several important recommendations. But will it all come to nought because of its failure to...

by | On 11 May 2016

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

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

by Rajesh Chadha | On 09 May 2016

India Policy Forum 2014 - 2015

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

by Shekhar Shah | On 09 May 2016

Government Expenditure in India: Composition, Cyclicality and Multipliers

This paper assesses the fiscal space and cyclicality of total Indian Central Government expenditure and its major components

by Ashima Goyal | On 02 May 2016

Reforming Personal Insolvency Law in India

This paper motivates the need for a personal bankruptcy law, and study the existing Indian legal framework in the form of the Presidency Towns Insolvency Act, 1909 (PTIA) for Calcutta, Bombay and Mad...

by Siva Raman | On 02 May 2016

Monetary Transmission in Developing Countries: Evidence from India

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

by | On 02 May 2016

Financial Stability: Underlining Context

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

by Ashima Goyal | On 02 May 2016

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

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

by | On 02 May 2016

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

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

by Rajeswari Sengupta | On 02 May 2016

Reassessing Exchange Rate Overshooting in a Monetary Framework

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

by Taniya Ghosh | On 02 May 2016

Intellectual Property Rights: Indian Scenario

Global competitiveness has redefined business strategies worldwide and the focus has certainly shifted to examining how our knowledge resources can reposition our stand in the world market. It means t...

by Sachin Mangal | On 28 Apr 2016

Kerala: Census Report on Population, Size and Decadal Change

This is a 2011 Census report on Population, Size and Decadal Change in Kerala

by Census India | On 27 Apr 2016

Tamil Nadu: Education Report

Annual Status of Education Report (ASER) is an annual, nationwide survey of children's ability to read simple text and do basic arithmetic that would engage ordinary citizens in finding out whether th...

by ASER Centre | On 27 Apr 2016

Tamil Nadu: Census Report

The Census of India is a very large administrative exercise, possibly the largest such operation in the entire world. In addition to bringing out the population figures, it is the most credible source...

by Census India | On 27 Apr 2016

Rules of the Monetary Game

Aggressive monetary policy actions by one country can lead to significant adverse cross-border spillovers on others, especially as countries contend with the zero lower bound. If countries do not inte...

by Prachi Mishra | On 31 Mar 2016

Adolescent Boys and Young Men

This study of Adolescent Boys and Young Men highlights the importance of engaging adolescent boys and young men in sexual and reproductive health and rights (srhr) and gender equality. not only is thi...

by United Nations Population Fund UNFPA | On 29 Mar 2016

Global Energy Architecture Performance Index Report 2016

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

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

Budget Speech Odisha Part II: 2016-17

Part II of the Budget speech of the finance minister.

by Pradip Kumar Amat | On 21 Mar 2016

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

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

by Lalitha Kamath | On 21 Mar 2016

Water Reallocation and Grabbing Processes, Mechanisms and Contributory Factors

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

by Subodh Wagle | On 21 Mar 2016

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

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

by Waqas Ahmed | On 21 Mar 2016

Trade and Wage Inequality: A Specific Factor Model with Intermediate Goods

In this paper we have made an attempt to explain the observed rising inequality between unskilled and skilled wages, or, fall in relative wages of unskilled labour within a general equilibrium framewo...

by Alokesh Barua | On 16 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

Global Spillovers and Monetary Policy Transmission in India

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

by Michael Debabrata Patra | On 14 Mar 2016

India in the Global Economy

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

by Raghuram G. Rajan | On 14 Mar 2016

Towards Rules of the Monetary Game

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

by Raghuram G. Rajan | On 14 Mar 2016

Can the Learnability Criterion Ensure Determinacy in New Keynesian Models?

Forward-looking RE models such as the popular New Keynesian (NK) model do not provide a unique prediction about how the model economy behaves. We need some mechanism that ensures determinacy. McCallum...

by Patrick Minford | On 13 Mar 2016

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

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

by Saumitra N Bhaduri | On 13 Mar 2016

The Promise of a Protocol

Uruguay’s ratification of the Optional Protocol to the International Covenant on Economic, Social and Cultural Rights marked an important milestone in its protection in international law. The Optional...

by | On 12 Mar 2016

Eurasian Union versus Silk Road Economic Belt?

While Russia and China are heralding a new “strategic partnership,” this policy brief explores how competition between the two countries may increasingly emerge in regard to Central Asia—a region wher...

by | On 11 Mar 2016

Can Univariate Time Series Models of Inflation Help Discriminate Between Alternative Sources of Inflation Persistence

When it comes to measuring inflation persistence, a common practice in empirical research is to estimate univariate autoregressive moving average (ARMA) time series models and measure persistence as t...

by Naveen Srinivasan | On 11 Mar 2016

Parent’s Choice Function for Ward’s School Continuation in Rural India: A Case Study in West Bengal

In this paper we present a choice function of a rural household about her/his ward?s schooling. It makes an empirical evaluation on the basis of simple theoretical framework using primary data set, su...

by Debdulal Thakur | On 11 Mar 2016

Breaking the Deadlock: Security Building on the Korean Peninsula

Economic aid has failed to induce North Korea to denuclearize. Instead, reducing tensions and addressing mutual security concerns is the only way to break the stalemate in denuclearization negotiation...

by | On 10 Mar 2016

Inflation and the Dispersion of Component Price Indices: A Case for Four Percent Solution

Unlike earlier literature that documented positive association between inflation and the dispersion of relative prices over time, the empirical evidence from this study suggests that the relative pric...

by Sartaj Rather | On 10 Mar 2016

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

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

by Subhra Choudhury | On 10 Mar 2016

Determinants of Child Health: An Empirical Analysis

Infant and child mortality rates in India have fallen by almost half from the time of adoption of millennium development goals to 2012 but there has not been a concurrent decrease in morbidity and und...

by Sowmya Dhanaraj | On 10 Mar 2016

Tariff Reduction and Income Distribution: A CGE-based Analysis for Urban and Rural Households in Pakistan

This paper intends to explore functional and households personal income distribution across four different income groups in both the urban and rural areas. Using Social Accounting framework, Siddiqui...

by A. R. Kemal | On 10 Mar 2016

Poverty Reduction in Pakistan: Learning from the Experience of China

Three major objectives of this study are: (i) to understand China’s success against poverty, particularly the mechanism through which, the economic reforms led to poverty reduction; (ii) to give a his...

by G. M. Arif | On 10 Mar 2016

Epistemic Communities and Social Movements Transnational Dynamics in the Case of Creative Commons

While the existence of transnational communities is increasingly recognized in globalization studies, very little is yet known about their impact on global governance. Studies investigating the role o...

by Sigrid Quack | On 09 Mar 2016

Unraveling Firms: Demand, Productivity and Markups Heterogeneity

The paper develops a new econometric framework that simultaneously allows recovering heterogeneity in demand, TFP and markups across firms while leaving the correlation among the three unrestricted. W...

by Emanuele Forlani | On 09 Mar 2016

Stagnation Traps

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

by Gianluca Benigno | On 09 Mar 2016

Organizational Identities and Institutions: Dynamics of the Organizational Core as a Question of Path Dependence

Organizational identity is a mechanism that mediates between external pressures and internal demands on continuity. The concept of organizational identity is considered to be central to solving the re...

by | On 08 Mar 2016

Climate Change Negotiations: the Road from Bali to Poznan

The United Nations Climate Change Conference in Bali in December 2007 was a landmark meeting which culminated in the creation of the Bali Action Plan – a roadmap for a two-year process of formal negot...

by S. Rajaratnam International Studies | On 06 Mar 2016

Climate Change Negotiations: The Road to Copenhagen

The year 2009 marks a new era of change. One would immediately associate it with the Obama administration and its promises for change, such as the US policies in addressing climate change. A shift has...

by S. Rajaratnam International Studies | On 06 Mar 2016

The International AIDS Conference 2010

The International AIDS Conference 2010 was held in Vienna, Austria from 18 to 23 July to gather those working in the field of HIV such as policymakers, scientists and researchers, those living with HI...

by S. Rajaratnam International Studies | On 04 Mar 2016

Advancing Protection Of Civilians Through The ASEAN Intergovernmental Commission On Human Rights(AICHR)

In the first issue of this month’s NTS Alert, the importance of a robust human rights framework to complement international humanitarian law, and address its shortcomings in protecting civilians caugh...

by S. Rajaratnam International Studies | On 03 Mar 2016

Asia¬Pacific Countries Agree on Framework to Address Irregular Migration

The Fourth Bali Regional Ministerial Conference on People Smuggling, Trafficking in Persons and Related Transnational Crimes – otherwise known as the Bali Process – was held in Nusa Dua, Bali, on 29-3...

by S. Rajaratnam International Studies | On 03 Mar 2016

Impact of China Slowdown on India

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

by Geetima Das Krishna | On 02 Mar 2016

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

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

by Ehtisham Ahmad | On 01 Mar 2016

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

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

by Ramandeep Kaur | On 01 Mar 2016

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

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

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

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

Assessing the Impact of Karnataka Electricity Regulatory Commission's Open Access Order for Solar Power Generators in Karnataka

WRI is keen to track its on-ground impact to serve as a feedback mechanism to Karnataka Electricity Regulatory Commission (KERC) and as a learning for other state regulators who may be looking for sol...

by Deepak Sriram Krishnan | On 29 Feb 2016

Post¬Arab Spring: Political transitions in retreat?

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

by Mely Caballero-Anthony | On 27 Feb 2016

Can Indonesia advance the peace process in Mindanao?

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

by S. Rajaratnam International Studies | On 27 Feb 2016

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

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

by S. Rajaratnam International Studies | On 27 Feb 2016

Enhancing ASEAN Regional Capacity for Disaster Response Operations

Major disasters that typically hit Southeast Asia illustrate the immensity of the tasks involved in undertaking disaster relief operations. With the establishment of the ASEAN Community by the end of...

by S. Rajaratnam International Studies | On 27 Feb 2016

Basel Banking Norms – A Primer

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

by Akshay Uday Shenoy | On 27 Feb 2016

Effectance Motivation and Self-validation in Interpersonal Attraction from Attitude Similarity

Effectance motivation -- a will for certainty and a feeling of being able to know and predict -- was proposed in the 1960s as the mechanism underlying the well-known attitude similarity effects on att...

by Ramadhar Singh | On 27 Feb 2016

Money, Output and Prices in India

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

by Charan Singh | On 27 Feb 2016

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

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

by Rohit Gupta | On 27 Feb 2016

Juxtaposing Scientific Uncertainty with Legal Certainty The Carbon conundrum

This paper problematizes the basis for international policies and regulations towards adaptation, mitigation and adjustment for ‘climate change’. Specific aspects of Fourth Assessment Report of IPCC h...

by Nandan Nawn | On 27 Feb 2016

Workshop Report on “Energy and Non-Traditional Security”

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

by | On 26 Feb 2016

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

Economic Survey 2015-16-Volume II

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

by Arun Jaitley | On 26 Feb 2016

Post-Kyoto Protocol: Changing a Climate of Denial?

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

by | On 25 Feb 2016

Nuclear Energy: Addressing the Not-in-my-Backyard Syndrome

The nuclear power states have not resolved the issue of permanent storage of nuclear spent fuel. Countries with existing nuclear facilities also face challenges to the temporary storage of their spent...

by | On 25 Feb 2016

The Economic Crisis and Labour Migrants: A Test for Human Security?

As the current global economic crisis deepens, labour migrants have begun to experience the consequences of both political and economic insecurity. How effective are legal frameworks in protecting the...

by | On 25 Feb 2016

National Action Plan and Monitoring Framework for Prevention and Control of Non Communicable Diseases (NCDs) in India

In India, NCDs have surpassed communicable diseases as the most common causes of morbidity and premature mortality in the country. The indicators and targets are used to track progress of actions desi...

by Ministry of Health and Family Welfare H & FW | On 25 Feb 2016

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

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

by S. M. Hussain | On 25 Feb 2016

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

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

by Sachin Chaturvedi | On 25 Feb 2016

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

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

by Richard B. Freeman | On 24 Feb 2016

Report on “Regional Consultation on the Responsibility to Protect

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

by S. Rajaratnam International Studies | On 24 Feb 2016

Grid – Connect Electricity Supply in India

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

by World Bank | On 24 Feb 2016

Review of Green House Gas Emissions from the Creation of Hydro Power Reservoirs in India

This is a preliminary report for the World Bank regarding emissions of greenhouse gases from hydropower reservoirs in India. The objective of the work, according to the terms-of reference, is, inter a...

by World Bank | On 24 Feb 2016

India’s Light Combat Aircraft Programme: a Costly Delay

The inordinate delays in the indigenous production of India’s Light Combat Aircraft (LCA) have taken a considerable toll of human lives, caused by the malfunctioning of the ‘stop-gap’ foreign flying m...

by | On 24 Feb 2016

The Puzzle of Small Farming in Japan

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

by Yoshihisa Godo | On 24 Feb 2016

Crafting Energy Security Cooperation in East Asia

Existing work on energy security tends to over-emphasise the prospect of competition and conflict over resources while under-exploring the promise of cooperation. This policy brief provides a framewor...

by | On 22 Feb 2016

International Monetary Reform: A Critical Appraisal of Some Proposals

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

by Yung Chul Park | On 22 Feb 2016

Differentiated Policies: Indonesia’s International Leadership and Internal Challenges

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

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

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

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

by Clare Stott | On 21 Feb 2016

Regional Financial Arrangements and the International Monetary Fund

The rise of regional monetary arrangements poses a challenge for the International Monetary Fund (IMF)'s global surveillance efforts. This paper reviews how the IMF has responded to earlier regional i...

by Barry Eichengreen | On 21 Feb 2016

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

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

by Hal Hill | On 21 Feb 2016

Asian Monetary Integration: A Japanese Perspective

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

by Masahiro Kawai | On 21 Feb 2016

Price of Daily Essentials: A Diagnostic Study of Recent Trends

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

by Centre for Policy Dialogue CPD | On 21 Feb 2016

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

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

by Luke Hurst | On 21 Feb 2016

From Kyoto to Durban: The Fits and Starts of Global Climate Change Negotiations

The 2011 outcomes from the UN’s annual climate change meetings have again been met with both cautious optimism and charges that the process shows few signs of effectively addressing global climate cha...

by | On 20 Feb 2016

A Position Paper on World Rice Futures

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

by | On 20 Feb 2016

The Military along the Security-Development Frontier: Implications for Non-traditional Security in the Philippines and Thailand

The militaries of developing countries have often gone beyond the mission of external defence, to perform unconventional roles ranging from disaster relief and economic management to law enforcement a...

by | On 20 Feb 2016

Remittances, Trade Liberalisation, and Poverty in Pakistan: The Role of Excluded Variables in Poverty Change Analysis

This study attempts to assess the impact of two shocks-trade liberalization and a deline in remittances from abroad-on poverty in Pakistan using a CGE framework.

by Rizwana Siddiqui | On 19 Feb 2016

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

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

by | On 19 Feb 2016

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

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

by S. Rajaratnam International Studies | On 19 Feb 2016

City Prosperity Initiative

The City Prosperity Initiative” presents UN-Habitat’s new global initiative that aims to reinforce local capacities for cities to improve well being and prosperity through a new monitoring tool (city...

by | On 19 Feb 2016

Incremental Housing – The New Site & Services

Informal builders provide the bulk of affordable housing and define large areas of our cities. Originally created for those long considered as poor and unable to house themselves, over time the result...

by Dr. Reinhard Goethert | 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

The Asian Infrastructure Investment Bank: Multilateralism On The Silk Road

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

by Mike Callaghan | On 19 Feb 2016

Civil Servants’ Salary Structure

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

by Faiz Bilquees | On 18 Feb 2016

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

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

by Paul Dorosh | On 18 Feb 2016

The Federation Model Of Community Organizing

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

by | On 18 Feb 2016

A Significant Shift in Casual Relations of Money, income, and Prices in Pakistan: The Price Hikes in the Early 1970s

This study extends the analysis of causality by Husain and Rashid (2006) by taking care of the shift in the variables due to the price hikes in the early 1970s. Casual relation between real income and...

by Fazal Husain | On 17 Feb 2016

A Fresh Assessment of the Underground Economy and Tax Evasion in Pakistan: Causes, Consequences, and Linkages with the Formal Economy

Rise in the underground economy creates problems for the policy-makers to formulate economic policies, especially the monetary and fiscal policies. It is found that if there was no tax evasion, budget...

by M. Ali Kemal | On 17 Feb 2016

State Of Climate Information Products And Services For Agriculture And Food Security In Myanmar

The increasing variability of seasonal climate and increasing frequency and intensity of extreme weather events that are expected to accompany climate change will impact agricultural production and fo...

by Ruby Policarpio | On 17 Feb 2016

An ASEAN Nuclear Crisis Centre: Preparing for a Technological Disaster in Southeast Asia

As some Southeast Asian countries consider using nuclear energy, the region should now be preparing a regional nuclear emergency response, incorporating technological and nuclear emergencies into its...

by | On 16 Feb 2016

How countries Plan to Address Agricultural Adaptation and Mitigation

In its founding documents, the UN Framework Convention on Climate Change (UNFCCC) seeks the stabilization of greenhouse gas concentrations in the atmosphere to “ensure[s] that food production is not t...

by Meryl Richards | 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

Economic Stability and Choice of Exchange Rate Regimes

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

by Sahoko Kaji | On 16 Feb 2016

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

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

by Yothin Jinjarak | On 16 Feb 2016

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

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

by Naoyuki Yoshino | On 16 Feb 2016

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

Monetary Policy Objectives in Pakistan: An Empirical Investigation

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

by Wasim Shahid Malik | On 15 Feb 2016

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

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

by Sayera Younus | On 15 Feb 2016

Notes on the Monetary Policy Strategy of the Bangladesh Bank

This document is designed to present a brief but comprehensive view of the real and monetary developments during the immediate past quarters and project the expected developments in the immediate futu...

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

Towards a Measure of Core Inflation in Bangladesh: Conceptual Issues

Identifying core inflation has become a very important issue for the Central Banks of the world for last few years. It has also become a practice to monitor the core inflation along side the headline...

by Md. Shahiduzzaman | 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

Inflation in Bangladesh: Supply Side Perspectives

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

by Md. Alauddin Majumder | On 15 Feb 2016

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

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

by Md. Shahiduzzaman | On 15 Feb 2016

Monetary Policy and Capital Market Development in Bangladesh

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

by Shubhasish Barua | On 15 Feb 2016

Corporate Governance: An essential mechanism to curb malpractices by Organizations

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

by M. Bakhtear Uddin Talukdar | On 15 Feb 2016

Measures of Monetary Policy Stance: The Case of Pakistan

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

by Farooq Pasha | On 14 Feb 2016

Building Integrity to Ensure Effective Water Governance

As with any governance framework, participation, transparency and accountability form the guiding principles needed for ensuring policies and decisions on water are responsive to citizens. When these...

by Transparency International TI | On 14 Feb 2016

Integrating Disaster Risk Reduction and Climate Change Adaptation into Ecosystem Management of Coastal and Marine Areas in South Asia

The Toolkit o#ers a step-by-step guide for integrating Disaster Risk Reduction and Climate Change Adaptation into the coastal and marine ecosystem management that will be quite useful for the "eld pra...

by Sriyanie Miththapala | On 14 Feb 2016

Monetary Policy Transparency in Pakistan: An Independent Analysis

This paper analyses monetary policy transparency of the central bank (SBP) using the Eijffinger and Geraats (2006) index. The results show that the SBP scores 4.5 out of 15, which is lower than any of...

by Wasim Shahid Malik | On 14 Feb 2016

Let Them Fly - A Multi-Agency Response to Child Marriages in Haryana

The Prohibition of Child Marriages Act (PCMA), 2006 came into effect on 1 November, 2007 replacing the Child Marriage Restraint Act of 1929. PCMA is a social re-engineering mechanism which mandates St...

by Trupti Jhaveri Panchal | On 14 Feb 2016

The Government Budget : A Critical Appraisal with Reference to Transparency and Accountability

Budget is the major economic policy document of the government for a particular year and perhaps beyond. Therefore, it is imperative to study the processes, institutional mechanisms, and decision-maki...

by Muttukrishna Sarvananthan | On 13 Feb 2016

Making Anti-Corruption Regulation Effective for the Private Sector

A comprehensive regulatory framework for the private sector is a prerequisite for a transparent, honest and just society: where regulation is weak, corruption risks grow strong. As the primary rule ma...

by Transparency International TI | On 12 Feb 2016

The Anti-Corruption Catalyst: Realising the MDGs By 2015

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

by Transparency International TI | On 12 Feb 2016

Corruption and Public Procurement

Public procurement impacts people’s lives and accounts for a big share government budgets. The large monetary transactions involved make the risk of abuse high and the need for anti-corruption safegua...

by Transparency International TI | On 12 Feb 2016

Beyond Geography: Unlocking Human Potential

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

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

Manufacturing for Growth Strategies for Driving Growth and Employment

In Davos 2012, business leaders reviewed the output of The Future of Manufacturing project, which asked How are global value chains evolving? The Manufacturing for Growth initiative asks What should b...

by | On 11 Feb 2016

Designing for Action: Principles of Effective Sustainability Measurement

This report from the World Economic Forum’s Global Agenda Council on Measuring Sustainability calls for more robust and operational approaches to addressing the challenges of climate change. Called D...

by | On 11 Feb 2016

Future of Healthy How to Realize Returns on Health

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

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

Bonus Payments in the Indian Formal Sector, 2008-2014

Bonus continues to be an important component of the pay mix of employees. This practice is followed by most of the organizations to keep employees committed, motivated and dedicated towards their orga...

by | On 10 Feb 2016

The February 13 Agreement: A New Dawn for North Korea’s Denuclearization?

The aim of this paper is to analyze the February 13 Agreement’s implementation along with the prospects for the denuclearization of North Korea. The paper starts with an overview of North Korea’s comp...

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

How Inclusive is the Universalised Insurance Scheme (RSBY) in Chhattisgarh? Experience of Urban Poor Women in Slums of Raipur

In this quantitative study, 367 patients who had been hospitalised in the six months prior to the study were identified through Mitanins (Community Health Workers - CHWs) and interviewed using a struc...

by | On 09 Feb 2016

Market Constitution Analysis

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

by | On 08 Feb 2016

Organizational Identities and Institutions

Organizational identity is a mechanism that mediates between external pressures and internal demands on continuity. The concept of organizational identity is considered to be central to solving the re...

by | On 08 Feb 2016

Competition Policy and Trade in the Global Economy: Towards an Integrated Approach

This leads the present paper to reflect on the need for additional coordination mechanisms to address the challenges of an increasingly globalized and networked economy. In recognition of the fundamen...

by | On 08 Feb 2016

The State of the World's Plant Genetic Resources for Food and Agriculture

The Report on the State of the World’s Plant Genetic Resources for Food and Agriculture provides a comprehensive overview on the status and trends of conservation and use of plant genetic resources at...

by Food and Agricultural Organization [FAO] | On 08 Feb 2016

Trade Policy Options for Sustainable Oceans and Fisheries

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

by | On 08 Feb 2016

Market Design for Altruistic Supply: Evidence from the Lab

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

by Robert Slonim | On 07 Feb 2016

Subjective Well-being in China, 2005-2010: The Role of Relative Income, Gender and Location

We use data from two rounds of the Chinese General Social Survey (CGSS) to study the determinants of subjective well-being in China over the period 2005-2010 during which self-reported happiness score...

by M. Niaz Asadullah | On 07 Feb 2016

Safeguarding Mitigation Efforts For Sustainability

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

by Transparency International TI | On 06 Feb 2016

Building Integrity And Countering Corruption In Defence & Security

This is the second edition of the TI Defence and Security Programme's Handbook, Building Integrity and Reducing Corruption in Defence and Security: 20 Practical Reforms. This Handbook has a simple pur...

by Transparency International TI | On 06 Feb 2016

A Modi Index?

One way to do a reality check on the official numbers will be to develop a desi version of what came to be called the Li index in China.

by T.N. Ninan | On 06 Feb 2016

Working to Improve Price Indices Development in Pakistan

Given the importance of Consumer Price Index (CPI), there has been long debate on its measurement issues. It is the best and most well-known indicator of inflation, which is further used for evaluatin...

by Mahmood Khalid | On 06 Feb 2016

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

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

by Abdul Rashid | On 06 Feb 2016

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

The Contemporaneous Correlation of Structural Shocks and Inflation— Output Variability in Pakistan

Monetary policy has changed in a number of ways during the last two decades. Along with the other characteristics, modern monetary policy is forward-looking, and the central banks respond contemporane...

by Muhammad Nasir | On 06 Feb 2016

CDM: Is it a ‘win–win’ strategy for rural poverty alleviation in India?

India is perceived to be one of the most attractive Non-Annex I countries for CDM project development. There are more than 350 projects in the CDM pipeline, largely in the areas of renewable energy, e...

by Smita Sirohi | On 05 Feb 2016

Violence Against Women at the Workplace

Violence against women at the workplace is a major problem, though the statistical evidence is not well developed for many countries. This report aims at gaining a better insight into the extent to wh...

by Kea Tijdens | On 05 Feb 2016

Business Principles for Countering Bribery

The Business Principles for Countering Bribery provide a framework for companies to develop comprehensive anti-bribery programmes. Whilst many large companies have no-bribes policies all too few imple...

by Transparency International TI | On 05 Feb 2016

ASEAN Integrity Community: A Vision for Transparent and Accountable Integration

Each ASEAN member state has taken some steps to addressing corruption at the national level, such as ratifying the United Nations Convention Against Corruption (UNCAC), but much more is urgently neede...

by Transparency International TI | On 05 Feb 2016

Civil Society Participation, Public Accountability and The UN Convention Against Corruption: December 2015

UNCAC Article 13 explicitly recognises the role that civil society can play in tackling corruption. That said, since the establishment of the UNCAC Review Mechanism, there has been debate amongst Stat...

by Transparency International | On 03 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

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

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

by Malik Muhammad Shehr Yar | On 03 Feb 2016

Choice of Monetary Policy Instrument under Targeting Regimes in a Simple Stochastic Macro Model

This paper analyzes the relative performance of inflation and price-level targeting regimes in an AS-IS-LM framework under alternative policy instruments used by the central bank.

by Haider Ali | On 03 Feb 2016

Evaluation of Gold Investment as an Inflationary Hedge in Case of Pakistan

The present study aims at empirically testing the status of gold as a potential hedge against inflation. The study whirls around analysing the nature of the relationship of expected and actual inflati...

by Nadeem Ul Haque | On 02 Feb 2016

Reaching a Climate Deal in Copenhagen

There is a growing awareness that action is urgently needed to seriously address the climate change problem. The multilateral process that began with the United Nations Framework Convention on Climate...

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

Till Debt do us Part: the Urgency of a Sovereign Debt Workout Mechanism

The danger to global economic recovery posed by the European debt turmoil throws a spotlight on a key missing international institution critical to global finance a sovereign debt resolution mechanism...

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

Global Liquidity for Global Development

Official development assistance declined in real terms in 2011 as a result, in part, of fiscal austerity in many donor countries. Traditional forms of funding have fallen well short of needs to financ...

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

Comparing Safeguard Measures in Regional and Bilateral Agreements

This study provides trade negotiators, policy-makers and other stakeholders with a clear, practical comparative analysis of the advantages and disadvantages of the various safeguard clauses included i...

by | On 30 Jan 2016

Transparency, Monitoring & Surveillance: Policy Options for the Multilateral Trade System

Transparency is essential to the smooth functioning of a trade system. Improved transparency in agricultural policies and markets will allow trade to play a full role in achieving global food security...

by | On 30 Jan 2016

Trade and Food Security

The evolving food security agenda offers governments a chance to address some urgent concerns and strengthen the multilateral trade system. The Doha Agenda has been overtaken by time and events. Many...

by | On 30 Jan 2016

Technological Change and New Actors: Debate on Returns and Regulations

New technology in the seed sector has brought in new actors and new requirements for regulation. It is important to discuss how far India is working on new opportunities and policy options for effecti...

by Sachin Chaturvedi | On 30 Jan 2016

Monetary Paradoxes of Baby-Sitting Cooperatives

Many authors have described and modelled Keynesian effects in a Babysitting Cooperative (BSC), which has the underlying structure of a single good barter economy. A simple model of the BSC economy is...

by Asad Zaman | On 30 Jan 2016

Spatial Dimensions of Muslim Well-Being in India: A Comparative Study of Indian Districts

The Sachar Commission Report of 2006 on Social, Economic and Educational Status of the Muslim Community of India generated widespread awareness of the socioeconomic disparity and exclusion of religiou...

by Riaz Hassan | On 29 Jan 2016

Hard Law and ‘Soft Law’: Options for Fostering International Cooperation

Substantial literature has emerged in the past two decades on the meaning of “soft law”, its purposes, and its consequences for effective international cooperation. This paper argues that the distinct...

by | On 28 Jan 2016

Post-2015 International Development Agenda in the Context of Interlocking Trade and Financing in the LDCs

The adoption of the ambitious post-2015 agenda centring on the Sustainable Development Goals (SDGs) at the United Nations (UN) in New York in September marks an opportune moment to suggest development...

by | On 28 Jan 2016

Global Regulatory Imperatives and Small Firms: Case of the Indian Pharmaceutical Industry

This paper enquires into the implications of the technological paradigm shift for small enterprises. Those who would not consider conforming to the regulatory framework (specifically enlisted under...

by Keshab Das | On 28 Jan 2016

Youth and Skills: Putting Education to Work

The global economic downturn is impacting on unemployment. One young person in eight across the world is looking for work. Youth populations are large and growing. The wellbeing and prosperity of youn...

by United Nations Economic, Scientific and Cultural Organization | On 28 Jan 2016

The Microfinance Bill: Need for a Fresh Outlook

This policy paper presents the past efforts of regulating the Microfinance sector, analyses the merits and demerits of various attempts beginning from the report of the Task Force1 in 1999 and present...

by | On 27 Jan 2016

Intellectual Property Provisions in Regional Trade Agreements: Revision and Update

The paper assembles detailed information about the IP provisions contained in active RTAs notified to the WTO. The goal was to expand beyond the more commonly studied RTAs, to review the full array of...

by Maegan McCann | On 27 Jan 2016

Informal Work and Wellbeing in Urban South Asia: Who Succeeds, Who Fails and Under What Conditions?

Understanding and managing urbanisation in developing countries is one of the major global policy challenges for the first half of the 21st century. Rapidly growing towns and cities are increasingly r...

by | On 26 Jan 2016

Role of Health Systems in Improving Childhood Nutrition in India

The status of child undernutrition in India continues as an area of concern. There are significant opportunities within health system to address this issue. Allocating clear tasks to workers while bui...

by Rajani R. Ved | On 26 Jan 2016

Climate and Development Outlook

This publication summarises CDKN’s partnership work with Bangladesh to date, highlighting key achievements and signposting further information. We are involved at many levels, by investing in policy-r...

by Climate and Development Outlook CDO | On 23 Jan 2016

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

Near-Term Inflation Outlook and BB’s Policy Stance

This paper uses three alternative forecasting techniques, namely, Box-Jenkins’s Autoregressive Integrated Moving Average (ARIMA) model, unrestricted Vector Autoregression (UVAR) model and Hsiao’s Fina...

by Md. Habibur Rahman | On 23 Jan 2016

Public Debt Sustainability in Bangladesh

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

by Md. Ezazul Islam | On 23 Jan 2016

Inflation Accounting Across Income Groups: Does Inflation Hurt the Poor More in Bangladesh?

This note provides estimates of the contribution of food prices to inflation in Bangladesh. The results suggest that the current inflation takes a bigger toll on the poor because they spend more of th...

by M. Golam Mortaza | On 23 Jan 2016

Estimating Inflation Rates of Import-Concentrated Commodities

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

by M. G. Mortaza | On 23 Jan 2016

The SLR as a Monetary Policy Instrument in Bangladesh

The statutory liquidity requirement (SLR), as a monetary policy instrument, has experienced infrequent changes in Bangladesh. Past evidence shows that reduction in SLR produced positive impact on bank...

by Sayera Younus | On 23 Jan 2016

A Quick Analysis of Deposit Interest Rates Offered by Commercial Banks

The main purpose of the survey is to collect data on the extent of the mis-reporting of deposit interest rates, as accurate data is essential for effective financial and monetary policy.

by Md. Ezazul Islam | On 23 Jan 2016

India and the BRICS Partnership

India and its partners – Brazil, China, Russia and South Africa – in the BRICS forum have launched the New Development Bank. With the leaders of these countries, who recently met at Ufa in Russia, dis...

by | On 23 Jan 2016

Better Ask the Parrot

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

by T.N. Ninan | On 23 Jan 2016

Loss & Damage Associated with Climate Change: The Legal and Institutional Context in Bangladesh

The study concludes that existing legal and policy frameworks provide a limited scope to assess and address both the current and potential future risk of loss and damage associated with the adverse im...

by Abdullah Faruque | On 23 Jan 2016

Should Bangladesh Monitor Core Inflation for Conducting Monetary Policy?

Over the years, the Bangladesh Bank (BB) has been using changes in consumer price index (CPI) inflation as the operational guide to measuring price stability in Bangladesh. In recent years, it has how...

by Bangladesh Bank | On 23 Jan 2016

Trend and Characteristics of Recent Inflation in Bangladesh

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

by Bangladesh Bank | On 23 Jan 2016

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

Learning from India's Development Cooperation

India now needs to strengthen and harmonise its institutional mechanisms for development cooperation through clear policy statements. In addition to national foreign policy and economic interests, acc...

by Institute of Development Studies IDS | On 23 Jan 2016

Children still battling to go to school

The 2011 EFA Global Monitoring Report exposed the hidden crisis of education in conflict-affected countries. Two years later, to mark the birthday of Malala, the Pakistani schoolgirl shot by the Talib...

by United Nations Educational, Scientific and Cultura UNESCO | On 23 Jan 2016

Solutions when the Solution is the Problem: Arraying the Disarray in Development

The welfare of the poor turns in large measure not only on technocratic development “policies”, but the effective delivery of key public services, core elements of which require thousands of face-to-f...

by | On 22 Jan 2016

India's Intended Nationally Determined Contributions

This document outlines one component of India’s INDC submission to the UNFCCC focussing on the renewable energy contribution to its future electricity mix. So far, the Government of India has articula...

by Sudatta Ray | On 22 Jan 2016

Results of the Methodological Studies for Agricultural and Rural Statistics

This report summarizes outcomes of collaboration between ADB and implementing agencies of Bhutan, Lao People’s Democratic Republic, the Philippines, and Viet Nam to address gaps in the production of a...

by Asian Development Bank Institute | On 22 Jan 2016

India’s Right to Food Act: A Novel Approach to Food Security

The India Health Report: Nutrition 2015 surveys the trends in maternal and child undernutrition in India. It looks at trends and disparities in these outcomes across geographical regions, socio-econom...

by | On 22 Jan 2016

An Assessment of India's Innovation Policies

This paper presents a detailed overview of the innovation policy framework in India in order to assess its role in innovations and enterprise development in the Indian industry. This paper notes that...

by Biswajit Dhar | On 21 Jan 2016

Migration and Social Protection: A Concept Paper

This paper attempts to locate ‘migration’ within a social protection framework both theoretically and empirically. We add to the dominant theoretical discourse around social protection by introducing...

by | On 20 Jan 2016

Global Capitalism, Deflation and Agrarian Crisis in Developing Countries

The issue of land rights and that of gender equality are strongly affected by the prevalent economic and social policy regimes, at both national and global levels. The dominant policy regimes decide t...

by | On 19 Jan 2016

Reforming the Liability Regime for Air Pollution in India

The recent uproar about the toxic levels of pollution in the country’s national capital region has once again brought to fore the failure of the regulatory and legal mechanisms in India to control air...

by | On 19 Jan 2016

Complaining to the State: Grievance Redress and India’s Social Welfare Programs

Poor implementation of social welfare programs is a chronic challenge in developing countries such as India. Yet, despite the large number of people affected and the serious consequences of implementa...

by Nicholas Robinson | On 18 Jan 2016

What’s civil about intergroup violence? Five inadequacies of communal and ethnic constructs of urban riots

There are five areas where the categories of ‘communal’ and ‘ethnic’ fall short: in their historical precision, in their scale, in their partial conceptualization of agency, in their ability to engage...

by | On 18 Jan 2016

Implementation of Basel III Liquidity Risk Framework in India – Regulatory Perspective

The liquidity framework of Basel III assumes added significance for banks in India and many banks have been approaching us to comprehend the finer points of the liquidity regulations, as also with req...

by Reserve Bank of India RBI | On 18 Jan 2016

The Global Risks Report 2016

The Global Risks Report 2016 features perspectives from nearly 750 experts on the perceived impact and likelihood of 29 prevalent global risks over a 10-year timeframe. The risks are divided into five...

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

Gender and Migration: Overview Report

This Overview Report on Gender and Migration takes a broad approach to migration – it looks at the gender dynamics of both international and the lesser-researched internal migration and the interconne...

by | On 13 Jan 2016

Beyond Market Access: Trade-related Measures for the Least Developed Countries. What Strategy?

This paper assesses the effectiveness of non-tariff special and differential treatment (SDT) offered exclusively to the least developed countries by WTO agreements. SDTs are inefficient in at least fo...

by | On 11 Jan 2016

Recent Downturn in Emerging Economies and Macroeconomic Implications for Sustainable Development: A Case of India

The paper discusses the progress of Indian economy and its policies since the broadbased structural reforms initiated in 1991 with a special focus on the recent downturn following the global financial...

by | On 11 Jan 2016

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

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

by Asif Mahmood | On 11 Jan 2016

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

New ‘Oil Shock’ – Impact on South Asia

In the 1970s, the oil-producing and exporting countries of the Middle East delivered a shock to the global economic system that had many unexpected consequences. The then-quadrupling of the price of o...

by Shahid Javed Burki | On 09 Jan 2016

The Indian Bond Market

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

by Chandrani Sarma | On 09 Jan 2016

Patterns and Politics of Migration in South Asia

Migration is an important social and historical reality in South Asia. In the past decade, migration from one country to another and internal migration (i.e. migration within a particular country) hav...

by Sanjay Barbora | 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

New Measures of the Trilemma Hypothesis: Implications for Asia

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

by Masahiro Kawai | On 07 Jan 2016

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

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

by Fan Zhai | On 07 Jan 2016

Banking Crises and 'Japanization': Origins and Implications

Japan’s “two lost decades” perhaps represent an extreme example of a weak recovery from a financial crisis, and are now referred to as “Japanization.” More recently, widespread stagnation in advanced...

by Masahiro Kawai | On 07 Jan 2016

Modern Currency Wars: The United States Versus Japan

In 2013, through massive quantitative easing by the Bank of Japan (BOJ), the yen depreciated about 25% against the US dollar, stoking fears of Japan bashing by the US. However, this sharp depreciation...

by Ronald McKinnon | On 07 Jan 2016

Regional Financial Regulation in Asia

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

by Masahiro Kawai | On 07 Jan 2016

Results and Analysis of the Perception Survey: Unemployed Youth of Bhutan

This paper presents results and findings from a survey aimed at understanding perceptions among Bhutan’s unemployed youth. It also provides analysis of the results and concludes with an eight point pl...

by | On 06 Jan 2016

Japan’s Lost Decade: Lessons for Other Economies

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

by Naoyuki Yoshino | On 06 Jan 2016

Ending Child Labour in Domestic Work and Protecting Young Workers from Abusive Working Conditions

Report on domestic work provides detailed information on current data regarding the estimated number of child domestic workers worldwide. It also explores the hazards and risks of this type of work, a...

by International Labour Organization [ILO] | On 04 Jan 2016

Nepal Business Climate Survey

This is a perception survey of business owners and operators in four districts of Nepal. The survey provides a snapshot of prevailing state of business environment in Nepal and identifies most critica...

by Bal Khadka | On 02 Jan 2016

Labour Migration for Employment: A Status Report for Nepal

This report reflects efforts to capture the trends in labour migration from Nepal, identify the structural gaps and suggests ways to move forward for the Government and stakeholders. Although various...

by The Asia Foundation | On 02 Jan 2016

National Consultation Report: Post-2015 Development Agenda

The report summarizes recommendations from a national consultation on the post-2015 development framework and includes reports from a range of national convenors including the Government of India, tra...

by United Nations Development Programme (UNDP) | 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

International Financial Reforms: Capital Standards, Resolution Regimes and Supervisory Colleges, and their Effect on Emerging Markets

This paper focuses on the relevance to emerging economies of three major financial reforms following the global financial crisis of 2007–2009: the improved capital requirements intended to reduce the...

by Duncan Alford | On 30 Dec 2015

An Asian Perspective on Global Financial Reforms

The purpose of this study is to better understand the likely impact on Asian economies and financial institutions of various recent global financial reforms, including Basel III capital adequacy and l...

by Peter Morgan | On 29 Dec 2015

Monetary Policy Frameworks in Asia: Experience, Lessons, and Issues

This paper reviews the history of East Asian monetary policy frameworks since 1990; describes current monetary policy frameworks, including issue of price versus financial stability for a central bank...

by Peter Morgan | On 29 Dec 2015

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

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

Response of Stock Markets to Monetary Policy: An Asian Stock Market Perspective

We estimate the response of Asian stock market prices to exogenous monetary policy shocks using a vector error correction model. In our paper, monetary policy transmits to stock market price through t...

by Farzana Sehrin | On 29 Dec 2015

Advancing Gender Equality: Promising Practices: Case Studies from the Millennium Development Goals Achievement Fund

This report presents lessons and results of specific relevance to shaping the post-2015 development framework derived from 20 Joint Programmes supported by the MDGF. These studies contain lessons to e...

by UN Women | On 28 Dec 2015

Realizing Women's Rights to Land and Other Productive Resources

Women’s access to, use of and control over land and other productive resources are essential to ensuring their right to equality and to an adequate standard of living. Throughout the world, gender ine...

by UN Women | On 28 Dec 2015

Ready for a Slowdown?

Are we worse off at the end of 2015 than at the start?

by T.N. Ninan | On 25 Dec 2015

Where Next for Aid? The Post-2015 Opportunity

This joint ODI-UNDP paper looks at whether development aid will remain important in the post-2015 era, and asks how the old aid model should change in response to a dramatically new world and new sust...

by GAIL HURLEY | On 24 Dec 2015

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

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

by Naoyuki Yoshino | On 23 Dec 2015

Compensation and Valuation in Resettlement: Cambodia, People’s Republic of China, and India

Development-caused forced displacement and resettlement (DFDR) is frequently characterized by the resulting impoverishment of those displaced. The lack of appropriate valuation of and compensation for...

by | On 23 Dec 2015

Estimating Growth-Inflation Tradeoff Threshold in Bangladesh

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

by Sayera Younus | On 22 Dec 2015

Lending Rates Behavior in Bangladesh: Some Facts and Determinants

The intention of this study is to analyze lending rate behavior in Bangladesh and also to determine the factors that mostly affect the lending rates. For this purpose, a set of macro and bank specific...

by Shahana Nasrin | On 22 Dec 2015

NBFCs: Medium Term Prospects

World over, there is an awakening, post the great financial crisis of 2008, about the existence, contribution, magnitude, significance and risks of non-banking financial sector. The business model of...

by R Gandhi | On 22 Dec 2015

The Politics of Climate Change in India: Narratives of Equity and Co-benefits

India occupies an intriguing dual position in global climate politics – a poor and developing economy with low levels of historical and per capita emissions, and a large and rapidly growing economy wi...

by Navroz Dubash | On 21 Dec 2015

Challenges to School Edupreneurs in the Existing Policy Environment: Case Study of Delhi and Gujarat

The Indian education ecosystem today consists of the government, private sector, and nongovernmental organisations (NGOs) that have helped provide education to millions of children. The enactment of t...

by Meril Antony | On 21 Dec 2015

Teacher Incentives: Evidence from Schools in Delhi

The paper reports on existing incentive structures in a sample of government and private schools in Delhi and elicits teachers’ perspectives on factors which motivate them. It is found that performanc...

by | On 21 Dec 2015

Payment System Regulation for Improving Financial Inclusion

Drawing from existing domestic experiences and the first results of the international debate, this paper tries to identify some high-level recommendations on how the payments system should be regulate...

by Maria Malaguti | On 19 Dec 2015

Real Exchange Rate and its Impact on Export, Import and Trade Balance: Is There any J Curve Effect in Bangladesh?

The intention of this paper is to examine whether Real Exchange Rate (RER)depreciation has any impact on export, import and trade balance of Bangladesh. Real exchange rate is calculated using Tk./do...

by Maidul Chowdhury | On 19 Dec 2015

National Legal Framework for IDPs in Sri Lanka: A Critical Analysis

This study places special attention on evaluating constitutional provisions that affect IDPs, on legislation pertaining to displacement, and the National Legal Framework for Relief, Rehabilitation, an...

by | On 18 Dec 2015

Accountability for International Nutrition Commitment Initiatives

This paper draws on secondary data to map out a proliferating set of international nutrition commitment initiatives, and assesses how these employ accountability mechanisms to support the delivery of...

by Dolf J.H. te Lintelo | On 17 Dec 2015

The Brics Development Bank

This policy brief recommends that these include commitments to: ending extreme poverty and inequality, with a special focus on gender equity and women’s rights; aligning with environmental and social...

by Oxfam International | On 17 Dec 2015

Commercialisation of Surrogacy in the Indian Context

This article talks about some of the important concerns regarding commercialisation in surrogacy arrangements and issues that are left unaddressed in the guidelines on ART issued by government.

by Ashok Vaidya | On 16 Dec 2015

Surrogacy: Law’s Labour Lost?

The article presents the inconsistencies in the revised Draft ART Bill of 2010, particularly with regard to provisions about surrogacy and citizenship of the babies born from a surrogate mother.

by Aastha Sharma | On 16 Dec 2015

China's Fitful Economic Reforms

Back in 2004, when I ran the Chinadesk at the International Monetary Fund, my team some written questions to Beijing ahead of our meetings with Chinese officials. China’s central bank had claimed that...

by Eswar Prasad | On 16 Dec 2015

An Analysis of the Turmoil in the Stock Market: Issues and Challenges for Monetary Policy

The objective of this study is to examine the characteristics of the stock market bubble burst in Bangladesh and policy response for the sample period from 2004:7-2013:2. This paper also discusses the...

by Dr. Sayera Younus | On 15 Dec 2015

Human Development Report 2015- Work for Human Development

From a human development perspective, work, rather than jobs oremployment is the relevant concept. A job is a narrow concept with a set of pre-determined time-bound assigned tasks or activities, in an...

by United Nations Development Programme [UNDP] | On 15 Dec 2015

Indian's Energy Transition in a Climate-Constrained World

This paper examines the historical attributes of energy transition and finds various critical factors that determine the success of such shift: appropriate IPR regimes; local innovation; economic feas...

by | On 11 Dec 2015

Follow-up and Review of the SDGs: Fulfilling our Commitments

This paper considers the challenge of establishing a robust follow-up and review mechanism to support such implementation. The paper underscores the importance of the follow-up and review process taki...

by | On 04 Dec 2015

The Socio-Economic Impact of HIV at the Household Level in Asia: A Regional Analysis of the Impact on Women and Girls

An important element of the socio-economic impact of HIV is how it disproportionately affects women and girls, in terms of their vulnerability to infection, constrained access to services and the a...

by United Nations Development Programme (UNDP) | On 01 Dec 2015

Twenty Sixth Report on Insolvency Laws

The Report brings out the different aspects of the insolvency laws which has a two-fold purpose- (i) to give relief to the debtor from the harassment of his creditors whose claims he is unable to meet...

by Ministry of Law and Justice GOI | On 25 Nov 2015

The Human Cost of Weather Related Disasters

Over the last twenty years, the overwhelming majority (90%) of disasters have been caused by floods, storms, heatwaves and other weather-related events. In total, 6,457 weather-related disasters were...

by | On 25 Nov 2015

How Much is Enough?

Post-7th Pay Commission recommendations, the pay being offered now should not be a disincentive for public-spirited people with ability. Can the government afford this hike?

by T.N. Ninan | On 21 Nov 2015

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

Fiscal Seigniorage “Laffer-curve effect” on Central Bank Autonomy in India

It is often emphasised that seigniorage financing of public sector deficits is technically a “free lunch” if the economy has not attained the full employment levels. However, conservative macroecono...

by Lekha S. Chakraborty | On 16 Nov 2015

Are Juveniles Really Responsible fo Making Delhi the Rape Capital?

Statistics have been the most important criteria for the Central Government in changing the juvenile justice law and introducing treatment of 16-18 year old juveniles committing such offences as adult...

by HAQ Centre for Child Rights HAQCRC | On 13 Nov 2015

Evaluating the Targeting Effectiveness of Social Transfers: A Literature Review

Many methodologies exist for dividing a population into those who are classified as eligible for social transfers and those who are ineligible. Popular targeting mechanisms include means testing, prox...

by | On 29 Oct 2015

Development Central Banking: A Review of Issues and Experiences

The paper argues that central banks should play a broader role in helping developing countries meet their key challenges, such as generating productive employment, helping to allocate investment to pr...

by | On 28 Oct 2015

Gender Equality and Human Rights

The achievement of substantive equality is understood as having four dimensions: redressing disadvantage; countering stigma, prejudice, humiliation and violence; transforming social and institutional...

by | On 20 Oct 2015

Policy Tradeoffs in an Open Economy and the Role of G-20 in Global Macroeconomic Policy Coordination

In this paper the aim is to investigate the different nuances of India's capital account management through empirical analyses as well as descriptive discussions. In particular the study the evolution...

by Rajeswari Sengupta | On 19 Oct 2015

Natural Interest Rate: Assessing the Stance of India’s Monetary Policy under Uncertainty

Using a theoretical framework that combines the essence of Ramsay’s growth model and the New-Keynesian macrodynamics, and applying the Kalman filter estimation technique, this paper finds that Indi...

by Harendra Behera | On 16 Oct 2015

Delivering the Post-2015 Development Agenda

This report looks in depth at the factors within each country that will support or impede implementation. A set of Dialogues has been exploring these factors and are still capturing ideas around these...

by | On 15 Oct 2015

Development Goals in an Era of Demographic Change

The 2015-16 Global Monitoring Report, produced jointly by the World Bank and International Monetary Fund, details the progress the world has made towards global development goals and examines the impa...

by International Monetary Fund [IMF] | On 09 Oct 2015

Housing Finance Mechanisms in India

India is home to over 1.1 billion people. With about one in every sixth person in the world living in India, housing perforce assumes significant importance. Successive Indian governments have regarde...

by UN-HABITAT | On 25 Sep 2015

Global Nutrition Report Actions and Accountability to Advance Nutrition and Sustainable Development

The Global Nutrition Report 2015 is a report card on the world’s nutrition globally, regionally, and country by country and on efforts to improve it. It assesses countries’ progress in meeting global...

by International Food Policy Research Institute | On 24 Sep 2015

Disadvantage and Discrimination in Self-Employment: Caste Gaps in Earnings in Indian Small Businesses

Using the 2004-05 India Human Development Survey data, The paper aims to estimate and decompose the earnings of household businesses owned by historically marginalized social groups known as Scheduled...

by Ashwini Deshpande | On 24 Sep 2015

Human Rights for All: International Covenant on Economic, Social and Cultural Rights

This Handbook is mainly for human rights practitioners who want to familiarise themselves with the International Covenant on Economic, Social and Cultural Rights (ICESCR) and use the human rights fram...

by | On 23 Sep 2015

Education for All 2000-2015: Achievements and Challenges

This Report draws on all of this experience, to make sharp recommendations for the place of education in the future global sustainable development agenda. The lessons are clear. New education targets...

by United Nations Educational, Scientific and Cultura [UNESCO] | On 22 Sep 2015

Rights-based Legal Guarantee as Development Policy: The Mahatma Gandhi National Rural Employment Guarantee Act

This paper analyses the legal framework and policy innovations undertaken towards achieving the stated objectives of the Mahatma Gandhi National Rural Employment Guarantee Act. This paper seeks to cri...

by | On 15 Sep 2015

Assessment of State Implementation of Business Reforms

This report – “Assessment of State Implementation of Business Reforms” is a scorecard to take stock of what reforms have happened, and to identify the way forward for States. The report highlights the...

by World Bank | On 15 Sep 2015

Report of the National Consultation on Prevention of Child Marriage

The purpose of the national consultation was to bring together initiatives from across the country to share experience and challenges. This report is the final draft of the discussions and a common ag...

by HAQ Centre for Child Rights HAQCRC | On 14 Sep 2015

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

Price Rigidity, Inflation and the Distribution of Relative Price Changes

This study examines whether skewness of the cross sectional distribution of relative price changes is positively associated with aggregate inflation as predicted by the Menu cost model of Ball and Man...

by Sartaj Rather | On 14 Sep 2015

Women, Business and the Law 2016: Getting to Equal

The report reveal the magnitude of the challenge that the world still faces in the quest for gender equality. This report promotes the cause of inclusion of women by informing research and policy disc...

by World Bank | On 11 Sep 2015

Report of Working Group on Nutrition for the 12th Five Year Plan (2012-17)

This report details the vision for 12th Five Year Plan on Nutrition which is to move towards Nutrition Security- especially the more vulnerable infants and young children, adolescent, girls and women,...

by Planning Commission | On 10 Sep 2015

Seventh All India School Education Survey

The broad objective of the survey is to assess the availability of schooling facility for primary, upper-primary, secondary and higher secondary stages within the habitations (including SC/ST) in diff...

by National Council of Educational Research &Training NCERT | On 10 Sep 2015

The School Feeding Programme in India

This paper provides a descriptive summary of India’s experience with school feeding programmes (SFPs), focussing mainly on the period since 1995, the year that saw the launch of a national initiative...

by M S Swaminathan Research Foundation India | On 08 Sep 2015

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

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

by International Food Policy Research Institute | On 08 Sep 2015

Basel III Implementation- Challenges for Indian Banking System

In India, Basel III capital regulation has been implemented from April 1, 2013 in phases and it will be fully implemented as on March 31, 2019. Do we need Basel III for a country like India? What are...

by N.S. Viswanathan | On 08 Sep 2015

Civil Society Briefs: Sri Lanka

This brief provides an overview of civil society in Sri Lanka. With a view to strengthening ADB cooperation with civil society organizations, the NGO and Civil Society Center periodically prepares rep...

by Asian Development Bank Institute | On 07 Sep 2015

A Review of Data on Nutrition in India: Preliminary Findings

This paper summarizes the preliminary findings of Global Nutrition Report (GNR), which we shared at the GNR stakeholder roundtable in New Delhi. The primary recommendations suggested are a set of core...

by | On 04 Sep 2015

Reconceptualising Smart Cities: A Reference Framework for India

This CSTEP study describes the UN’s four guidance principles and defines a Smart City Reference Framework that should provide the overarching principles and guidance to smart city programmes. The rep...

by | On 02 Sep 2015

Global Wage Report 2014/15: Wages and Income Inequality

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

by International Labour Organisation ILO | On 26 Aug 2015

Bilateral Agreements and Memoranda of Understanding on Migration of Low Skilled Workers: A Review

The aim of the paper is to review trends in developments of bilateral agreements (BAs) and MOUs focussing on low-skilled migration based on a global mapping exercise and and highlight agreements which...

by Piyasiri Wickramasekara | On 26 Aug 2015

Efficacy of New Monetary Framework and Determining Inflation in India: An Empirical Analysis of Financially Deregulated Regime

Against the backdrop of the new monetary policy framework, this paper analyses the determinants of inflation in the deregulated financial regime. The paper upfront has been kept free from adherence to...

by Lekha Chakraborty | On 25 Aug 2015

Strong Sustainable Growth for the Indian Economy

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

by Raghuram G. Rajan | On 25 Aug 2015

Report on the XIth National Conference of the Indian Association of Women’s Studies, Goa 3-6 May 2005

Conference Theme: Sovereignty, Citizenship and Gender. This report is arranged in three parts: the plenaries; the sub themes and workshops, and finally the text of the resolutions passed in the Genera...

by Indian Association of Women’s Studies IAWS | On 24 Aug 2015

China: Case study on Human Development Progress towards the Millennium Developmental Goals at the Sub-National Level

This paper analyses an overview of china human development in Time and Space. The paper covers themes like regional inequality in China Since 1952 and Urban-Rural Inequality, 1980-2000. The paper is a...

by | On 21 Aug 2015

Youth Employment in Developing Countries

This report tries to address youth employment challenges, and suggests measures that countries will need an integrated approach involving different levels of government and linking with overall develo...

by | On 20 Aug 2015

ICDS and Nutrition in the Eleventh Five Year Plan (2007-2012)

This Working Group report aims to study the advocacy programme in ICDS that would enable widespread and sustained community participation as result of a better understanding and appreciation amongst t...

by Government of India Ministry of Women and Child Development | On 19 Aug 2015

The Sunday Edit: Monetary Policy Transmission: Visible Disconnect

Enhancing bank competition, among other measures, could adequately strengthen interest rate transmission; but the danger is in overreaching and losing leverage.

by Ramkishen S. Rajan | On 16 Aug 2015

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

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

by Planning Commission, India | On 14 Aug 2015

Public Debt Management in India and Related Issues

This study focuses on the marketable domestic public debt of the Government of India (GoI) in terms of size, magnitude, policy and approach followed and also discusses issues and challenges on debt m...

by Lakshmanan L | On 13 Aug 2015

Regulating Labour Recruitment to Prevent Human Trafficking and to Foster Fair Migration: Models, Challenges and Opportunities

This ILO paper highlights the relationship between inadequate mechanisms of recruitment and forced labour in its third Global Report on Forced Labour in 2009, stating that “there is growing awareness...

by Peter Swiniarski | On 12 Aug 2015

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

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

by | On 11 Aug 2015

The Millennium Development Goals Report 2015

The MDG Report 2015 found that the 15-year effort to achieve the eight aspirational goals set out in the Millennium Declaration in 2000 was largely successful across the globe, while acknowledging sho...

by United Nations UN | On 05 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

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

For a sample of 42 high and middle income countries analyzed over a period of 30 years ranging from 1982 till 2011, this paper shows that while an efficient trilemma policy choice can help lower inf...

by | On 31 Jul 2015

Girls’ and Women’s Right to Education

This document compiles the explicit references to girls’ and women’s right to education in national reports and is intended to serve as a practical tool for both advocacy and monitoring. The factsh...

by UNESCO UNESCO | On 22 Jul 2015

Food Inflation in India: Causes and Consequences

Average food inflation in India during the period 2006-2013 was one of the highest among emerging market economies, and nearly double the inflation witnessed in India during the previous decade. In...

by Rudrani Bhattacharya | On 20 Jul 2015

Alternative Report on the State of Child Rights in Pakistan

The Alternative Report has been prepared by Save the Children UK (Pakistan office) and the Society for the Protection of the Rights of the Child (SPARC). It reflects the views of a large number of civ...

by ECHO Save the Children (U.K) | On 17 Jul 2015

Inflation Targeting in India: Select Issues

The adoption of inflation targeting in India has been a much debated topic which also becomes a challenge for the emerging economy. Though inflation targeting has already been adopted in many emerging...

by Charan Singh | On 17 Jul 2015

Articulating a Vision for a Progressive BRICS Development Bank

Amidst calls for reform of international financial institutions and failure of existing development banks to satisfy the development financing needs of developing countries in general, and BRICS in pa...

by | On 16 Jul 2015

Predicted Increases in Heat related Mortality under Climate Change in Urban India

Mapping mortality impacts of the projected climate in urban areas of developing countries will play a crucial role in instituting planned adaptation measures to protect public health. A comprehensive...

by Hem H Dholakia | On 14 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

The Millennium Development Goals Report 2015

The data and analysis presented in this report prove that, with targeted interventions, sound strategies, adequate resources and political will, even the poorest countries can make dramatic and unpre...

by United Nations UN | On 08 Jul 2015

Structural Conditions and Agency in Migrant Decision-Making: A Case of Domestic and Construction Workers from Java, Indonesia

This working paper examines the migration drivers into the two low-paid and insecure occupations of domestic work and construction work from rural areas in Indonesia. While the ideas of migration exis...

by Khoo Choon Yen | On 06 Jul 2015

Education and Academic Entrepreneurship in India

The paper aims to explore few aspects of academic entrepreneurship. Besides dwelling upon the conceptual definition, there is an attempt to understand the processes and stages of academic entrepreneur...

by Deepthi Shanker | On 30 Jun 2015

Twelfth Report on Pricing of Agricultural Produce

This Report of the Committee on Agriculture deals with the action taken by the Government on the recommendations contained in the Sixtieth Report of the Committee on Agriculture (2013-14) on ‘Pricing...

by Lok Sabha Secretariat | On 24 Jun 2015

Minimising Selection Failure and Measuring Tax Gap: An Empirical Model

This paper presents an empirical model for minimising selection failure by tax departments in selecting cases for scrutiny assessment. This model also provides a new methodology for estimating tax gap...

by Sudhanshu Kumar | On 23 Jun 2015

Fourteenth Report on Integrated Child Development Services (ICDS) Scheme

The audit report on ICDS has revealed that the policy of universalization of ICDS Scheme remained unattained and the Scheme could not achieve the desired goals. Hence, controller and auditor general d...

by Lok Sabha Secretariat | On 22 Jun 2015

Fifteenth Report on the Rights of Persons with Disabilities Bill, 2014

The Persons with Disabilities (Equal Opportunities, Protection of Rights and Full Participation) Act, 1995 was enacted to give effect to the Proclamation on the Full Participation and Equality of the...

by Lok Sabha Secretariat | On 22 Jun 2015

Medium-Term Budgetary Framework (MTBF) of Ministry of Public Administration Bangladesh

The statement discusses the need of development of a competent and accountable public service by attracting, developing, engaging and managing an efficient and innovative organizational, functional an...

by Ministry of Finance Bangladesh | On 18 Jun 2015

Inflation Targeting India: Select Issues

The adoption of inflation targeting in India has been a much debated topic which also becomes a challenge for the emerging economy. Though inflation targeting has already been adopted in many emerging...

by Charan Singh | On 18 Jun 2015

Medium-Term Budgetary Framework (MTBF) of Bangladesh Cabinet Division 2011-12

Statement aims to establish good governance by coordinating activities of different ministries & divisions and supervising activities of field administration in pursuing government policy and strategy...

by Ministry of Finance Bangladesh | On 17 Jun 2015

Medium-Term Budgetary Framework (MTBF) of Prime Minister’s Office 2011-12

The statement aims to build a knowledge-based and digital Bangladesh and to advance the socio-economic conditions of all sections of the nation, through the establishment of good governance in the all...

by Ministry of Finance Bangladesh | On 17 Jun 2015

Bangladesh Monthly Report on Fiscal Position

The data generated by the Budgeting Information System has been used to prepare this report which put forward the following major findings- Up to April FY11, 80.2% of the Revenue target of the budget...

by Ministry of Finance Bangladesh | On 17 Jun 2015

Medium Term Budget Framework: Pre Budget Document 1390-1392

This Pre Budget Report incorporates the Medium-Term Budget Framework (MTBF). The MTBF links the spending plans of budgetary units to overall government policy objectives.The purpose of the Report is t...

by Ministry of Finance Afghanistan | On 16 Jun 2015

Afghanistan Quarterly Fiscal Bulletin, 1390

This edition of the Afghanistan bulletin provides a snapshot of the actual domestic revenues collection and core budget execution during the quarter. An attempt has been made to provide analytical ana...

by Ministry of Finance Afghanistan | 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

Monetary Policy and Informal Finance

This article utilises state-level data for 1961–2012 to examine the interlinkage between informal finance and monetary policy. The analysis suggests that in response to a monetary contraction, borrowi...

by Saibal Ghosh | On 15 Jun 2015

Bangladesh Budget 2010-11: Budget Speech

Budgetary speech presents an outline of the the Budget Implementation Progress report for FY 2010-11. The speech discuss briefly budget framework of bangladesh government and also analyse macroeconomi...

by Ministry of Finance Bangladesh | On 12 Jun 2015

Budget FY11: Report on the Implementation Status, Income and Expenditure Trend and Macroeconomic Analysis (up to December 2010)

Budget FY11 contains Speech of the Bangladesh Finance Minister on the implementation status and macroeconomic analysis up to second quarter (July-December).

by | On 12 Jun 2015

World Report on Child Labour 2015: Paving the Way to Decent Work for Young People

The second volume of the ILO World Report on Child Labour series highlights the close linkages between child labour and good youth employment outcomes, and the consequent need for common policy approa...

by | On 12 Jun 2015

Himachal Pradesh Human Development Report 2002

The Himachal Pradesh HDR attempts to assess and explain the status of human development in the State and articulate policy implications. In the light of the definition of human development itself, iss...

by Himachal Pradesh Government of India | On 09 Jun 2015

Rethinking Partnerships in a Post-2015 World: Towards Equitable, Inclusive and Sustainable Development

These reports provide a critical analysis of how governments address the issues of poverty and whether aid and development cooperation policies are put into practice. This 2014 Reality of Aid Report b...

by The Reality of Aid Network | On 09 Jun 2015

Annual Administration Report 2011-12

The report details the development in environment and Forests areas of Himachal Pradesh. There is a need to manage it properly and scientifically in order to fulfill ecological and environmental requi...

by Himachal Pradesh Government of India | On 08 Jun 2015

Gujarat Ecology Commission Annual Report 2013-14

This report of Gujarat Ecology Commission (GEC) provides information and other inputs which are needed to develop policy and provide the right approach for ecological conservation and sustainable deve...

by Gujarat Ecology Commission Government of Gujarat | On 08 Jun 2015

Impact of Interbank Liquidity on Monetary Transmission Mechanism: A Case Study of Pakistan

The transmission mechanism of policy-induced changes are is analysed in the discount rate and required reserves in Pakistan. The results suggest that the pass through to the lending rate is complete f...

by Muhammed Omar | On 05 Jun 2015

Second Bi-monthly Monetary Policy Statement, 2015-16

On the basis of an assessment of the current and evolving macroeconomic situation the statement suggest that the global recovery is still slow and getting increasingly differentiated across regions.

by Raghuram G. Rajan | On 03 Jun 2015

Report of the Sixty-Eighth World Health Assembly on Contributing to Social and Economic Development: Sustainable Action across sectors to Improved Health and Health Equity (follow-up of the 8th Global Conference on Health Promotion)

The framework provides guidance to Member States on taking country-level action across sectors for improving health and health equity. Such action includes the support of the health sector to other se...

by World Health Organisation (WHO) | On 02 Jun 2015

Report of the Committee to Review the Implementation of Crop Insurance Schemes in India

This report attempts to address some of the issues and challenges facing major crop insurance schemes being operated in India. Many of the issues and problems highlighted when the Committee interacted...

by Department of Agriculture & Cooperation GOI | On 01 Jun 2015

Fourteenth Report on Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) and Empowerment of Women in Rural Areas

The primary objective of the Act is augmenting wage employment. In this regard, Mahatma Gandhi National Rural Employment Guarantee Act, 2005 provides for the enhancement of livelihood security of the...

by Committee on Empowerment of Women GOI | On 01 Jun 2015

Progress Report of the Sixty-Eighth World Health Assembly

The comprehensive mental health action plan 2013–2020 was adopted by the Sixty-sixth World Health Assembly in May 2013. The present report summarizes progress made in implementing the action plan. The...

by World Health Organisation (WHO) | On 01 Jun 2015

Report of the Sixty-Seventh World Health Assembly on WHO Global Disability Action Plan 2014–2021

This provides guidance on the draft action plan for better health to disable people. There are more than 1000 million people with disability worldwide, about 15% of the global population. The prevalen...

by World Health Organisation (WHO) | On 01 Jun 2015

Report of the Working Group on Agricultural Research and Education for the Twelfth Five Year Plan 2012-17

This report mainly focuses on agricultural research and education so as to make the system demand-driven, enhance technology flow to farmers and bring transformational changes in Indian agriculture. T...

by Planning Commission | On 28 May 2015

Report of the Steering Committee on Ayush for Twelfth Five Year Plan (2012-17)

The Twelfth Five Year Plan takes the view that health would entail a ‘continuum of care’ across sectors. Accordingly, the health policy & programmes will encourage a multi-sectoral approach to health....

by Planning Commission | On 28 May 2015

Report of the Sixty-Seventh World Health Assembly on Maternal, Infant and Young Child Nutrition

This report describes progress in carrying out the comprehensive implementation plan on maternal, infant and young child nutrition, endorsed by the Health Assembly the global strategy for infant and y...

by World Health Organisation (WHO) | On 28 May 2015

Report of the Sixty-Seventh World Health Assembly on Improving the Health of Patients with Viral Hepatitis

The Health Assembly adopted resolution on viral hepatitis, in which, inter alia, it urged Member States to support or enable an integrated and cost-effective approach to the prevention, control and ma...

by World Health Organisation (WHO) | On 28 May 2015

Report of the Working Group on Agricultural Marketing Infrastructure, Secondary Agriculture and Policy Required for Internal and External Trade for the Twelfth Five Year Plan

Objectives of the Working Group is to empower the farmers to get a higher realization for their produce and a better share of the consumers’ price; recommendations have been made to improve efficiency...

by Planning Commission | On 27 May 2015

Report of the Sub-Group on Environment for Twelfth Five Year Plan

With the increasing emphasis on need for development, coupled with increasing urbanization, it is becoming apparent that the natural resources are to be used judiciously and sustainably. This report h...

by Ministry of Environment and Forests GOI | On 27 May 2015

Report of the Working Group on Child Rights for the Twelfth Five Year Plan (2012-17)

The core concerns highlighted in this report of working group on child rights includes ensuring the right of all children to life, survival (especially in the context of gender-based sex selection) an...

by Government of India Ministry of Women and Child Development | On 27 May 2015

Report of the Steering Committee on Health for the Twelfth Five Year Plan

The report recommends some strategic changes to the existing health programmes and schemes, such that they work in conjunction with each other and collectively contribute to building a comprehensive h...

by World Health Organisation (WHO) | On 27 May 2015

Report of the Sixty-Eighth World Health Assembly on Global Technical Strategy and Targets for Malaria 2016–2030

Recalling resolutions on malaria control, and accelerating efforts to control and eliminate malaria in developing countries, particularly in Africa, by 2015. Acknowledging the progress made towards th...

by World Health Organisation (WHO) | On 27 May 2015

Report of the Sixty-Seventh World Health Assembly on Global Vaccine Action Plan

In May 2012, the Sixty-fifth World Health Assembly endorsed the global vaccine action plan in resolution and requested the Director-General to monitor progress and report annually, through the Executi...

by World Health Organisation (WHO) | On 27 May 2015

Report of The Working Group on Decentralised Planning in Agriculture for Twelfth Plan

During the 11th Plan, decentralised planning became an accepted stake for sustainable resource management, better production and accessing opportunities of livelihood for and by the people. Decentrali...

by B Chakravarty | On 26 May 2015

Report of the Working Group on Wildlife, Ecotourism and Animal Welfare for the 12th Five Year Plan 2012-2017

The document has been prepared with the basic surmise that Wildlife Management, Ecotourism and Animal Welfare are to be treated as a Priority Sector during the 12th Plan as the conservation of our nat...

by Ministry of Environment and Forests GOI | On 26 May 2015

Report of the Working Group on Labour Laws and other Regulations for the Twelfth Five Year Plan (2012-17)

The Working Group aims to deliberate on the existing labour laws and the need for review of these laws in order to protect the interest of workers more effectively while at the same time promoting gro...

by Ministry of Labour and Employment GoI | On 26 May 2015

Report of the Working Group on AYUSH for the 12th Five-Year Plan (2012-17)

The mandate of AYUSH Department encompasses seven key areas of activity and intervention, namely AYUSH services, Medicinal Plants, Research & Development, Human Resource Development, International Col...

by Ministry of Health and Family Welfare H & FW | On 26 May 2015

Draft Report of the Sixty-Seventh World Health Assembly on Global Strategy and Targets for Tuberculosis Prevention, Care and Control after 2015

At the Sixty-sixth World Health Assembly the executive board drafted a global strategy targets for tuberculosis prevention, with a aim to accelerate the global expansion of tuberculosis care and contr...

by World Health Organisation (WHO) | On 26 May 2015

Report of the Sixty-Seventh World Health Assembly on Financing of Administrative and Management Costs

An external review, commissioned by the Programme, Budget and Administration Committee of the Executive Board, was prepared in May 2013, providing detailed analysis of WHO’s administrative and managem...

by World Health Organisation (WHO) | On 26 May 2015

Report of the Sixty-Seventh World Health Assembly on Strategic Resource Allocation

At the Sixty-sixth World Health Assembly in May 2013, Member States requested the Director-General to propose, for consideration by the Sixty-seventh World Health Assembly, in consultation with Member...

by World Health Organisation (WHO) | On 26 May 2015

Report of Planning Commission Working Group on Horticulture and Plantation Crops for Twelfth Plan

This Report of  the Working Group  on Horticulture &  Plantation  Crops will give  renewed  impetus  to  measures  for  sustained  growth  of  India's  Horticulture  &  Plantation  Sector  along with ...

by Planning Commission | On 25 May 2015

Report of Sub Group-V on International Cooperation and Law

The present report is an attempt to focus on how our national policies and programmes can be better appreciated and reflected in the country’s obligations and commitments to the various international...

by Planning Commission | On 25 May 2015

Report of the Working Group on Skill Development and Training for XII Five Year Plan (2012-17)

The mismatch between the supply and demand of skills requires special focus on employment sector. Growth in employment opportunities are the critical indicators of the process of development in any ec...

by Ministry of Labour and Employment GoI | On 25 May 2015

Report of the Working Group on AIDS Control for the 12th Five Year Plan

The paper aims to review the status of on-going National AIDS Control Programme with reference to objectives, strategies, plan initiatives, targets and outlays during 11th Five Year Plan and achieveme...

by National AIDS Control Programme NACP | On 25 May 2015

Report of the Sixty-Seventh World Health Assembly on Framework of Engagement with Non-State Actors

At its 134th session, in the provisional agenda the Executive Board have requested the Director-General to develop a framework of engagement with non-State actors and separate policies on the engageme...

by World Health Organisation (WHO) | On 25 May 2015

Report of the Sixty-Seventh World Health Assembly on Improved Decision Making by the Governing Bodies

At its 134th session, in the provisional agenda the Executive Board considered two reports by the Secretariat on options for improved decision-making by the governing bodies, which included four recom...

by World Health Organisation (WHO) | On 25 May 2015

Report of Sub-Group IV on Forestry Institutional and Technology Management

Working Group on Forestry and Sustainable Natural Resource Management has the mandate to identify thrust areas for an enabling environment for forestry sector and to make recommendations for policy in...

by | On 22 May 2015

Report of the Working Group on Social Security for Twelfth Five Year Plan (2012-17)

The Working Group, in its meeting held to discuss the terms of reference to review the existing social security measures for organized workers. It is a basic human right, and its fulfillment will con...

by Ministry of Labour and Employment MoL&E | On 22 May 2015

Report of the World Health Assembly Executive Board on its 133rd and 134th Sessions

The Executive Board held its 133rd session on 29 and 30 May 2013 and its 134th session from 20 to 25 January 2014. This report summarizes the main outcomes.

by World Health Organisation (WHO) | On 22 May 2015

Report of the Working Group on Outreach of Institutional Finance, Cooperatives and Risk Management for the 12th Five Year Plan (2012-17)

The working group is of the opinion that the credit strategy should be aligned to agriculture growth strategy which in turn has to address broader macro economy concerns of supply management and issu...

by Planning Commission | On 21 May 2015

Report of the Sub Group III on Fodder and Pasture Management

Policy prescriptions for strengthening convergence of forestry, agriculture, watershed development programmes with pastures and grazing land management in forests, nonconventional forest areas, villag...

by Planning Commission | On 21 May 2015

Report of the Working Group on Drugs & Food Regulations

Strengthening of Drugs Regulatory Mechanisms is one of the major public health interventions. This ensures that safe, efficacious and quality drugs are made available to the people. Keeping in view th...

by Ministry of Health and Family Welfare H & FW | On 21 May 2015

Report of the XII Plan Working Group on Natural Resource Management and Rainfed Farming

The Working Group recognises the need for enhanced, inclusive and sustainable growth in rainfed areas. It identifies factors contributing to instability in production system under rainfed conditions e...

by Planning Commission | On 20 May 2015

Report of the Sub-Group-II on NTFP and their Sustainable Management in the 12th Five Year Plan

The sub-group on NTFP under the Planning Commission Working Group on Natural Resource Management discussed the issues, challenges, potential, and scope in developing the NTFP sector in the country and...

by Ministry of Environment and Forests | On 20 May 2015

Report of the Working Group on Occupational Safety and Health for the Twelfth Five Year Plan (2012 to 2017)

The report is a document of action-focussed legislative and pragmatic interventions to transform the existing state of Occupational Safety and Health in the country both in the formal and informal sec...

by Ministry of Labour and Employment GoI | On 20 May 2015

Report of the High Level Committee on Socio-Economic, Health and Educational Status of Tribal Communities of India

The Committee is mandated to prepare a position paper on the present socioeconomic, health and educational status of Schedule Tribes, and is expected to suggest policy initiatives as well as effective...

by Ministry of Tribal Affairs GOI | On 20 May 2015

All India Report on Number and Area of Operational Holdings

This report provides disaggregated information about operational holdings at the national level and for states/UT. The present report which is an outcome of the first phase of agriculture census 2010-...

by Agriculture Census Division GoI | On 14 May 2015

Accountability of Local and State Governments in India: An Overview of Recent Research

The paper discusses the notion of accountability, followed by an introduction to the Downsian theory of electoral competition. This serves as a point for classifying different sources of accountabilit...

by Dilip Mookherjee | On 14 May 2015

Report of the Working Group on Agriculture and Related Issues on Dryland / Rainfed Farming System Including Regeneration of Degraded / Waste Land, Watershed Development Programme

The report provides a strategy in the field of agriculture related issues on Dryland / Rainfed Farming System including Regeneration of Degraded / Waste Land, Watershed Development Programme.

by Ministry of Agriculture GOI | On 13 May 2015

Twenty Second Report on Action Taken on the Recommendations on ‘Small and Mini Hydel Projects

This report of the Standing Committee on Energy deals with the action taken by the Government on the Observations/Recommendations contained in their Sixteenth Report (Fifteenth Lok Sabha) on ‘Small an...

by Lok Sabha Secretariat | On 13 May 2015

Odisha State Youth Policy: Framework-2013

The Odisha State Youth Policy 2013 aims to give a strategic direction and make timely interventions to enable the youth to get the best out of the changing scenario in the state and the country due to...

by Environmental Management & Policy Research Institute | On 12 May 2015

Growth of Indian Agriculture: A District Level Study

The purpose of the study is to extend the period of analysis of the impact of new seed fertiliser technology from 1990-93 to 2003-06. A special significance to economic reforms in India in 1991 is giv...

by Gurmail Singh | On 12 May 2015

Fifteenth Report of the Social Justice and Empowerment Committee on “The Rights of Persons with Disabilities Bill, 2014

The Committee are of the view that the disabled group in our country still remains an invisible group in the mind of policy makers. A vast number of the disabled are excluded from the existing servic...

by Lok Sabha Secretariat | On 11 May 2015

Inter Linking of Rivers: Action taken in the Eleventh Report (14th Lok Sabha) of the Standing Committee on Water Resources

This Report of the Standing Committee on Water Resources deals with the action taken by the Government on the recommendations / observations contained in their Eleventh Report on Water Resources (2008...

by Lok Sabha Secretariat | On 11 May 2015

Fifth Report on National Auto Fuel Policy

The Policy aims to holistically address the issues of vehicular emissions, vehicular technologies and auto fuel quality in a cost efficient manner, while ensuring the security of fuel supply.

by Lok Sabha Secretariat | On 07 May 2015

Twenty-sixth Report on Review of Representation of Scheduled Castes and Scheduled Tribes in Senior Positions of Government of India

This Report of the Committee on the Welfare of Scheduled Castes and Scheduled Tribes deals with the action taken by the Government on the recommendations contained in their Twenty-sixth Report (Fifte...

by Lok Sabha Secretariat | On 05 May 2015

MGNREGA and Empowerment of Women in Rural Areas by Parliamentary Committee on Empowerment of Women (2011-12), Fourteenth Report

The primary objective of the Act is augmenting wage employment. In this regard, Mahatma Gandhi National Rural Employment Guarantee Act, 2005 provides for the enhancement of livelihood security of the...

by Committee on Empowerment of Women GOI | On 28 Apr 2015

World Malaria Report 2014

The World Malaria Report 2014 summarizes information received from malaria-endemic countries and other sources, and updates the analyses presented in the 2013 report. It assesses global and regional m...

by World Health Organisation (WHO) | On 24 Apr 2015

Regulatory Framework for Over-the-top (OTT) services

The objective of this Consultation Paper (CP) is to analyse the implications of the growth of OTTs and consider whether or not changes are required in the current regulatory framework. To understand...

by Telecom Regulatory Authority of India (TRAI) | On 13 Apr 2015

Women, Violence and Conflict in Pakistan

This report presents an overview of both legal frameworks that have institutionalised discrimination and fuelled religious intolerance and violence against women and a dysfunctional criminal justice s...

by International Crisis Group | On 13 Apr 2015

Separating Shocks from Cyclicality in Indian Aggregate Supply

An ongoing debate on the shape of the Indian aggregate supply curve (AS) raises interesting econometric and policy issues. Systematic steps were taken to improve the estimation. On adding better vari...

by Ashima Goyal | On 02 Apr 2015

IMI Konnect Volume 4 Issue 1 - January 2015

The January 2015 issue of IMI Konnect (Volume 4, Issue 1) contains the following articles - Does Monetary Policy Limit Lending Behaviour of Banks? by Samaresh Bardhan; Entrepreneurship Education in In...

by IMI Konnect | On 24 Mar 2015

World Social Science Report 2013 - Changing Global Environments

The World Social Science Report captures a world undergoing deep change, rocked by multiple crises, including in the environment. This World Social Science Report examines the social dynamics of the...

by UNESCO Publishing | On 18 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 World Water Development Report 2014: Water and Energy

The World Water Development Report is produced by the World Water Assessment Programme, a programme of UN-Water hosted by UNESCO, and is the result of the joint efforts of the UN agencies and entities...

by Environmental Management & Policy Research Institute | On 13 Mar 2015

Stability and Transitions in Emerging Market Policy Rules

Conditions for stability in an open economy dynamic stochastic general equilibrium model adapted to a dualistic labor market (SOEME) are the same as for a mature economy. But the introduction of mon...

by Ashima Goyal | On 11 Mar 2015

WHO Multi-country Study on Women’s Health and Domestic Violence against Women

Violence against women by an intimate partner is a major contributor to the ill-health of women. This study analyses data from 10 countries and sheds new light on the prevalence of violence against wo...

by World Health Organisation (WHO) | On 11 Mar 2015

Report of the High Powered Expert Committee on Making Mumbai an International Financial Centre (Percy Mistry Report)

In the recent decade, India has made significant strides in the financial sector. Some of the important developments are strengthening of banks, de-regulation of interest rates and sector competition...

by Ministry of Finance | On 19 Feb 2015

Policy Framework for Finance SEZs

India is a large user of financial services, by virtue of a large and growing GDP and a high rate of investment and savings. At present, India is con- suming financial services produced onshore as wel...

by Ministry of Finance | On 19 Feb 2015

Addressing Inequality in South Asia

An outcome report of IMF-World Bank meetings held in October 2014, this report highlights the stark inequalities in human development in South Asia. Based on parameters such as monetary indicators, he...

by Martin Rama | On 17 Feb 2015

The Impacts of Infrastructure in Development: A Selective Survey

Development economists have considered physical infrastructure to be a precondition for industrialization and economic development. Yet, two issues remain to be addressed in the literature. First, whi...

by Yasuyuki Sawada | On 16 Feb 2015

Impending Water Crisis in India and Comparing Clean Water Standards among Developing and Developed Nations

This paper is an overview of the issues surrounding India’s water scarcity, and also comparison of clean water standards between developing and developed nations. Water security is emerging as an incr...

by | On 06 Feb 2015

Report of High Level Committee on Reorienting the Role and Restructuring of Food Corporation of India (FCI)

Government of India (GoI) set up a High Level Committee (HLC) to suggest restructuring or unbundling of FCI with a view to improve its operational efficiency and financial management. GoI also asked H...

by Food Corporation of India | On 04 Feb 2015

The Mechanism of Long-Term Growth in India

This paper aim to provide an account of growth in India based on its internal dynamics. This helps to place the relative roles of policy, shocks, and internal dynamics. The paper leads us to conclude...

by Pulapre Balakrishnan | On 21 Jan 2015

Towards A Pareto Efficient Indian Agricultural Market - with Specific Focus on Rice and Wheat Markets

The paper examines the policies of the central as well as state governments with respect to the agricultural market, specifically in rice and wheat markets, analyses their shortcomings and argues for...

by Anandi Subramanian | On 16 Jan 2015

Price Movements for Rice and Wheat: A Structuralist Policy Perspective

This paper examines the price movements in rice and wheat, following structuralist principles emphasizing the necessity of long term solutions in combination with short and medium term management. How...

by K U Gopakumar | On 17 Dec 2014

The Soya Project: Farm Evangelists

In 2008, two earnest young men set out to boost soya bean yields in the semi-arid region of Bundi in Rajasthan. Rainfall there is meagre and the soil lacks nutrients. But there are ready buyers for so...

by Civil Society | On 20 Oct 2014

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

Fighting Child Malnutrition

India has the dubious distinction of having the highest burden of malnutrition in the world – higher than Sub-Saharan Africa. Nearly 50 per cent of our children are underweight and stunted and 70...

by National Academy of Agricultural Sciences, India | On 16 Oct 2014

Analytics of Food Inflation in India

Food inflation in India has remained stubborn in recent years. A number of proximate factors such as increasing demand particularly arising from higher rural wages, rising agricultural cost of produ...

by Thangzason Sonna | On 14 Oct 2014

Revealed Preference for Open Defecation: Evidence from a New Survey in Rural North India

Despite economic growth, government latrine construction, and increasing recognition among policymakers that open defecation constitutes a health and human capital crisis, it remains stubbornly widesp...

by Diane Coffey | On 07 Oct 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

Worker’s Rights and Practices in the Contemporary Scenario: An Overview

This book offers a careful summary of the rights and practices of work in the Indian labour market. In specific, it deals with rights deficiency of workers in different sectors especially on agricultu...

by V.V. Giri Labour Institute | On 19 Sep 2014

Putting Young People Into National Poverty Reduction Strategies

Many national poverty reduction strategies overlook the needs of young people. Even where national strategies do have a youth focus, the analysis of their situation is limited because little or no ref...

by United Nations Population Fund UNFPA | On 18 Sep 2014

Economic and Financial Outlook

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

by Raghuram G. Rajan | On 18 Sep 2014

Teaching and Learning: Achieving Quality for All

The 2013/4 Education for All Global Monitoring Report shows why education is pivotal for development in a rapidly changing world. It explains how investing wisely in teachers, and other reforms aimed...

by UNESCO UNESCO | On 25 Aug 2014

Human Development Report 2014 - Sustaining Human Progress: Reducing Vulnerabilities and Building Resilience

The 2014 Report highlights the need for both promoting people's choices and protecting human development achievements. It takes the view that vulnerability threatens human development, and unless it i...

by United Nations Development Programme UNDP | On 20 Aug 2014

Unravelling India’s Inflation Puzzle

From 2003, the Indian economy enjoyed a boom in growth coupled with moderate inflation for five years. The economy grew at a rate close to 9 percent per year, until it was punctured by the global fina...

by Pankaj Kumar | On 19 Aug 2014

UN World Youth Report 2013 – Youth and Migration

THE WORLD YOUTH REPORT explores the situation of young migrants from the perspective of young migrants themselves. The report highlights some of the concerns, challenges and successes experienced by y...

by UN Department of Economic and Social Affairs UNDESA | On 12 Aug 2014

UN World Youth Report 2011 - Youth Employment: Youth Perspectives on the Pursuit of Decent Work in Changing Times

The World Youth Report 2011 explores the transition of young people from schools and training institutions into the labour market, a phase marking a critical period in the life cycle. The current empl...

by UN Department of Economic and Social Affairs UNDESA | On 12 Aug 2014

UN World Youth Report 2010 - The Youth and Climate Change

The World Youth Report focus on youth and climate change, and is intended to highlight the important role young people play in addressing climate change, and to offer suggestions on how young people m...

by UN Department of Economic and Social Affairs UNDESA | On 12 Aug 2014

Creative Budgeting or Actual Deficit Reduction? The case of FRBM Act

The FRBM Act was reflective of the shared commitment across political parties towards fiscal conservatism. A decade later, the picture, as reflected in the Union Budget, is yet to change for the bette...

by Surajit Mazumdar | On 07 Aug 2014

The Challenges of Constructing a Model for Science Education – Differences in Students’ and Teachers’ Attributes of Six Partner Countries

The Europe Commission (EC) initiated a number of studies to determine the reasons for the decline in the study of science and science literacy among European students. The Science Education for Divers...

by Ng Swee Chin | On 28 Jul 2014

Salient Features of Measuring, Interpreting and Addressing Indian Inflation

The paper reviews the calculation of Indian wholesale and consumer price indices and suggests improvements in the light of past experience and international best practices. It confirms that food infla...

by Kirti Gupta | On 22 Jul 2014

Union Budget 2014: Marginal Realignment of Tactics to Strategy

The article examines the restructuring of expenditure in the first budget of the new government, and its feasibility. It compares the increase in budget allocations for key macroeconomic aggregates a...

by Ashima Goyal | On 21 Jul 2014

State of the Economy: Economic Survey Report

In 2014-15, the Indian economy is poised to overcome the sub-5 per cent growth of gross domestic product (GDP) witnessed over the last two years. The growth slowdown in the last two years was broad ba...

by Planning Commission | On 10 Jul 2014

"They Say We’re Dirty": Denying an Education to India’s Marginalized

The 77-page report documents discrimination by school authorities in four Indian states against Dalit, tribal, and Muslim children. The discrimination creates an unwelcome atmosphere that can lead to...

by Human Rights Watch | On 17 Jun 2014

Monetary Incentives to Reduce Open-Field Rice-Straw Burning in the Plains of Nepal

In southern Nepal, rice straw burning in open fields is common practice. This is problematic because biomass burning contributes to smoke, black carbon and greenhouse gases. While some studies have ex...

by Krishna Prasad Pant | On 02 Jun 2014

World Youth Report 2007 Young People’s Transition to Adulthood: Progress and Challenges

The Report highlights the unique aspects of youth development in various regions but emphasizes that young people the world over are ultimately constrained in their efforts to contribute to their own...

by United Nations UN | On 16 May 2014

The Real Wealth of Nations:Pathways to Human Development

This Report surveys critical aspects of human development, from political freedoms and empowerment to sustainability and human security, and outlines a broader agenda for research and policies to resp...

by Jeni Klugman | On 06 May 2014

Sustainability and Equity: A Better Future for All

The Human Development Report 2011 explores the integral links between environmental sustainability and equity and shows that these are critical to expanding human freedoms for people today and in gene...

by Jeni Klugman | On 06 May 2014

The Rise of the South: Human Progress in a Diverse World

The 2013 Human Development Report, The Rise of the South: Human Progress in a Diverse World looks at the evolving geopolitics of our times, examining emerging issues and trends and also the new actors...

by Khalid Malik | On 06 May 2014

The Economic Cost of General Strikes in Nepal

This paper reviews the key aspects of general strikes and analyses the economic cost of such strikes in Nepal. Data analysis shows that average direct cost of general strikes stood at NRs. 1.8 billi...

by Min Bahadur Shrestha | On 11 Apr 2014

Psychology, Cyclicality or Social Programs: Rural Wage and Inflation Dynamics in India

The paper analyzes causes of movements in Indian wages for rural unskilled male laborers, and assesses their impact on inflation. Theoretical priors derived from an analytical framework based on the ...

by Ashima Goyal | On 10 Apr 2014

Interim Budget 2014-15

Budget speech by 2014-15.

by P Chidambaram | On 17 Feb 2014

'Arranged' Marriage, Education, and Dowry: A Contract-Theoretic Perspective

This paper propounds a contract-theoretic model where dowry acts as a screening device to differentiate grooms of varying qualities. In 'arranged' marriage settings that are characterized by incompl...

by Soumyanetra Munshi | On 31 Jan 2014

Productivity Response to a Contract Change

This paper studies the productivity impact of a contract change. The setting is a tea plantation in India. The activity in question is tea-plucking, the output from which is measurable and contractib...

by Rajshri Jayaraman | On 24 Jan 2014

A Turbulent Pakistan: India’s Choices in Response

The fate and future of Pakistan has been an issue of considerable concern and anxiety not only inside Pakistan but in the world at large and South Asia in particular. The Fund for Peace project on the...

by S.D. Muni | On 22 Jan 2014

Arresting Child Mortality Rates: What Do the Report Cards Say?

The issue of child mortality in India has been under the scanner in several research publications in recent times. All the reviews acknowledge that India will not achieve the required reductions of un...

by Shambhu Ghatak | On 28 Oct 2013

Taming Food Inflation in India

High food inflation, which has averaged 10% during FY 2008-09 to December 2012, has been a major concern for policy makers in India. This is all the more important as an average household in India sti...

by Ashok Gulati | On 21 Oct 2013

The Case of Slum Rehabilitation in Delhi

Delhi Master Plan 2021 introduced the "In-situ rehabilitation" approach to slum redevelopment, in which slum residents transit to temporary housing while the Delhi Development Authority (DDA) reconstr...

by Anubhab Pattanayak | On 10 Oct 2013

A Critique: HIV/AIDS and the Legal and Policy Framework in Sri Lanka

This paper discusses and comments on the legal and policy dimension and the obstacles it poses to a sustainable and effective response to HIV/AIDS as many do not come forward to obtain medical servic...

by Bhavani Fonseka | On 14 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

Five Years of Leading the Reserve Bank: Looking Ahead by Looking Back

This Tenth Nani A. Palkhivala Memorial lecture lecture centres around the role and responsibility of a central bank in a democratic structure. Central banks make macroeconomic policy that influences t...

by Duvvuri Subbarao | On 30 Aug 2013

Revisiting the Growth-Inflation Nexus: A Wavelet Analysis

Motivated by the concern that the recent surge in inflation could retard growth, the paper revisits the nexus between inflation and growth from the perspective of an emerging economy, India. Examining...

by Saumitra N Bhaduri | On 23 May 2013

Food Price Inflation in India: Causes and Cures

Inflation in general and food price inflation in particular has been a persistent problem in India over the past few years. Price stability is crucial for sustainable growth as persistent inflation...

by Pradeep Agrawal | On 16 Apr 2013

Advertisement Placement in TV Programs: Different Roles of ELM and Mood Protection Mechanism

This study explores how involvement of the audience with cognitive/affective program influence their processing of advertisements aired in between the program because of varying involvement within p...

by Mayank Jyotsna Soni | On 12 Apr 2013

Much Ado about Nothing…Budget for Children a Mere Lip Service! India Fails to Protect its Children Once Again

Share of Dudget for Children in the Union Budget. [HAQCRC]. URL:[http://www.haqcrc.org/sites/default/files/BfC%20Analysis%202013-14-1.pdf]

by HAQ Centre for Child Rights HAQCRC | On 01 Mar 2013

Budget Speech 2013-2014

Budget Speech by Chidambaram.

by P Chidambaram | On 28 Feb 2013

Nine years later…

Is the Finance Minister going to do a salvage operation? [BS week end ruminations].

by T.N. Ninan | On 27 Feb 2013

Target the Beneficiaries in the 2013-14 Budget

In spite of several programmes in the country to reduce undernutrition, India continues to have a large number malnourished women and children. In the coming Budget the government has to make some eff...

by Rudra Narayan Mishra | On 26 Feb 2013

It’s a Boy! Women and Non-Monetary Benefits from a Son in India

Son preference is widespread in a number of developing countries. Anecdotal evidence suggests that women may contribute to the persistence of this phenomenon because they derive substantial long-run...

by Laura Zimmermann | On 19 Nov 2012

Mapping Exercise of Home Based Workers in Maharashtra

Home-based work has a much wider scope of activity than the singular task of an individual working from his/her home. This essential service is tied in with a larger chain of forward and backward lin...

by Indira Gartenberg | On 16 Oct 2012

Food Inflation and Agricultural Supply Chain Management

During the current year so far, inflation at the retail level in oils and fats has been higher than at the wholesale level. While this phenomenon can be attributed to a number of factors, improvement...

by Harun R Khan | On 27 Sep 2012

Energy Savings Potential and Policy for Energy Conservation in Selected Indian Manufacturing Industries

This paper focuses on the assessment of energy savings potential in seven highly energy consuming industries. The paper estimates the energy savings potential for each of these industries using unit l...

by Manish Gupta | On 17 Sep 2012

Community Mobilization in Mumbai Slums to Improve Perinatal Care and Outcomes: A Cluster Randomized Controlled Trial

Improving maternal and newborn health in low-income settings requires both health service and community action. Previous community initiatives have been predominantly rural, but India is urbanizing....

by Neena Shah More | On 17 Aug 2012

Deriving India’s Potential Growth from Theory and Structure

Estimates suggest that Indian aggregate supply is elastic but subject to upward shocks. If supply shocks make a high persistent contribution to inflation, it implies second round pass through is occu...

by Ashima Goyal | On 16 Aug 2012

Conserving, Augmenting and Sharing Water

There is a huge crisis for water all around the world, certainly in India with groundwater table going down and drinking water selling almost at the rate of toned milk. That also shows that country ha...

by Anil K Gupta | On 20 Jul 2012

Evolution of Model Concession Agreement for National Highways in India

This paper discusses the evolution of Model Concession Agreement for National Highways, the vital framework on which the success of Public Private Partnership lies. The key learnings of this study wou...

by Ramakrishnan T S | On 18 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

Intrinsic Inflation Persistence in a Developing Country

This study estimates degree of intrinsic inflation persistence in Pakistan using aggregate price index, group level price indices, and individual commodity prices. Monthly data from 1959 to 2011 is us...

by Muhammad Nadim Hanif | On 09 Jul 2012

Has India Emerged? Business Cycle Stylized Facts from a Transitioning Economy

A comprehense documentation - using both annual and quarterly data - an exhaustive set of stylized facts for the Indian business cycle in the pre and post reform period, the data is used to report...

by Chetan Ghate | On 19 Jun 2012

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

China’s Rising Military Power and Its Implications

The aim of this paper is to examine the driving forces behind China’s military modernization efforts followed by an assessment of the goals and foci of China’s military modernization at present and...

by Jiao Liang | On 08 May 2012

An Assessment of Inflation Modelling in India

This study analyses India’s inflation using the Phillips curve theory. To estimate an open-economy Phillips curve, we need three variables: (1) inflation (2) the output gap and (3) the real effective...

by Karan Singh | On 26 Apr 2012

The Negative Consequences of Overambitious Curricula in Developing Countries

Learning profiles that track changes in student skills per year of schooling often find shockingly low learning gains. Using data from three recent studies in South Asia and Africa, it is shown that ...

by Lant Pritchett | On 23 Apr 2012

Measuring and Explaining the Asymmetry of Liquidity

This paper examines transactions costs in buying versus selling using a large database of snapshots of the limit order book. On the equity spot market, there is clear evidence of asymmetry in liquid...

by Rajat Tayal | On 19 Apr 2012

The BRICS Report: A Study of Brazil, Russia, India, China, and South Africa with Special Focus on Synergies and Complementarities

Th is study, which is supported by the ministries of fi nance and the central banks of the BRICS, focuses on synergies and complementarities between the economies, highlighting their role as growth ...

by Ministry of Finance | On 18 Apr 2012

The Great Depression and the Great Recession: What have we Learned?

The Financial Crisis of 2007-2008 and the Great Recession of 2007-2009 are now in the past. Again there was the debt crisis of 2010-11. During the worst of the recent financial crisis/Great Recession...

by Michael D Bordo | On 13 Apr 2012

Do Changes in Distance-to-default Anticipate Changes in the Credit Rating?

Distance-to-default (DtD) from the Merton model has been used in the credit risk literature, most successfully as an input into reduced form models for forecasting default. [WP-2012-010]. URL:[http:...

by Nidhi Aggarwal | On 10 Apr 2012

Monetary Transmission in Pakistan: The Balance Sheet Channel

Using data of non-financial listed firms over a period of 1999-2010, this paper investigates the effectiveness of balance sheet channel in monetary transmission mechanism in Pakistan. By classifying f...

by Safia Shabbir | On 09 Apr 2012

Uses and Misuses of Statistics

Statistics is used in our day to day life. Examples are there to show that statistics is misused in many. This can happen when people are information illiterate. [Address at DST-CIMS, BHU on Mar 20, 2...

by Chakrabarty K C | On 27 Mar 2012

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

Maharashtra Budget Speech 2012-13: Part I

Budget for the year 2012-13. [Government of Maharashtra]. URL:[http://maharashtra.gov.in/pdf/english_speech_part_I.pdf].

by Maharashtra Government | On 27 Mar 2012

BMC Budget 2012-13

Budget presented to Municipal Commissioner. . [BMC Annual Reports]. URL:[http://www.mcgm.gov.in/irj/go/km/docs/documents/MCGM%20Department%20List/Chief%20Accountant%20(Finance)/Budget/Complete%20Engli...

by Municipal Commissioner BMC | On 22 Mar 2012

Prevalence, Distribution, and Impact of Mild Cognitive Impairment in Latin America, China, and India: A 10/66 Population-Based Study

Rapid demographic ageing is a growing public health issue in many low- and middle-income countries (LAMICs). Mild cognitive impairment (MCI) is a construct frequently used to define groups of people...

by Ana Luisa Sosa | On 19 Mar 2012

Budget for Children (BfC) in the Union Budget 2012-13

What the Budget of India, 2012-13 has got for children? [HAQCRC]. URL:[http://www.haqcrc.org/sites/default/files/BfC%202012-13_0.pdf].

by HAQ Centre for Child Rights HAQCRC | On 19 Mar 2012

Oil Price Shock, Pass-through Policy and its Impact on India

This paper analyses the impact of transmission of international oil prices and domestic oil price pass-through policy on major macroeconomic variables in India with the help of a macroeconomic policy...

by N R Bhanumurthy | On 16 Mar 2012

Federal Budget of Pakistan-2011-12

BUDGET SPEECH 2011-2012 by DR. ABDUL HAFEEZ SHAIKH, Minister for Finance, Revenue, Economic Affairs, Statistics and Planning & Development.

by Minister of Finance Pakistan | On 12 Mar 2012

Time Poverty, Work Status and Gender: The Case of Pakistan

Time is an important economic resource that can be spent in a variety of ways. Diverse demands on a person’s time may reach a point where the individual may be categorized as time poor. Time poverty...

by Najam us Saqib | On 09 Mar 2012

Regional and Global Monetary Cooperation

The increasing occurrence of national, regional, and global financial crises, together with their rising costs and complexity, have increased calls for greater regional and global monetary cooperation...

by Mario Lamberte | On 21 Feb 2012

Estimating Standard Error of Inflation in Pakistan: A Stochastic Approach

Standard errors (S.Es.) of month on month and year on year inflation in Pakistan are estimated based on data for the period of July 2001 to June 2010 using stochastic approach as well as extended s...

by Javed Iqbal | On 15 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

The Euro Zone Crisis and its Dimensions and Implications

The sovereign debt problems in the peripheral economies of the euro zone has started to pose a serious threat to the main economies of the Europe and perhaps to the future of the 'euro‘ itself. Such a...

by M R Anand | On 06 Feb 2012

How is Financial Regulation Different for Micro- Finance?

What is the role of financial regulation in the field of micro- finance? This paper identifi es two features of micro- finance which call for unique treatment in policy considerations as compared...

by M Sahoo | On 03 Feb 2012

Stability and Policy Rules in Emerging Markets

Stability results for an open economy DSGE adapted to an emerging market (SOEME) with a dualistic structure have the same structure as in the original model, but those derived for the simulated versi...

by Ashima Goyal | On 02 Feb 2012

Inflation in Nepal

A large number of studies in Nepal have been conducted to identify the factors responsible for inflation based on the different theories of inflation. Although these studies provide insight into the...

by Nepal Rastra Bank Research Department NRB | On 02 Feb 2012

Fiscal Policy in India: Trends and Trajectory

This essay examines the trajectory of India?s fiscal policy with a focus on historical trends, fiscal discipline frameworks, fiscal responses to the global financial crisis and subsequent return to a...

by Supriyo De | On 31 Jan 2012

Toward a Framework for Implementation of Climate Change Treaty through Self-enforcing Mechanisms

The paper discusses the pros and cons of the already proposed international cooperative mechanisms toward climate change mitigation and highlights the problem of information revelation, particularly...

by Meeta Keswani Mehra | On 27 Jan 2012

Third Quarter Review of Monetary Policy 2011-12

This policy review is set in the context of a highly uncertain global environment and a delicately poised domestic balance between growth and inflation. It should be read and understood together...

by Duvvuri Subbarao | On 25 Jan 2012

Macroeconomic and Monetary Developments Third Quarter Review 2011-12

The Growth outlook has weakened as a result of adverse global and domestic factors that have been mentioned above. Business and consumer confidence has been impacted. Professional forecasters now...

by Reserve Bank of India RBI | On 25 Jan 2012

The Relationship between Inflation and Relative Price Variability in Pakistan

This paper explores the relationship between inflation and relative price variability (RPV) by using disaggregated CPI data for Pakistan. Three methods have been used to assess the functional form and...

by Muhammad Akmal | On 25 Jan 2012

India’s Draft Universal Periodic Report-II: A Case of Forced Marriage?

The paper has the objective of viewing the condition of women in terms of freedom of choice, freedom and expression and right of privacy. Also it views violence against women.

by Asian Centre for Human Rights ACHR | On 20 Jan 2012

Banks, Policy and Risks

This paper assesses the sources of risk for Indian banks in the context of their history, structure, level of development, and policy environment and draws out implications for global and domestic pol...

by Ashima Goyal | On 18 Jan 2012

Challenges in IMS Reforms: A Global and Emerging Markets Perspective

The current global financial crisis has reopened an old debate on the international monetary system by baring weaknesses and flaws that have long been known. The debate is centred on both stability an...

by Alok Sheel | On 10 Jan 2012

Credit and Growth Cycles in India: An Empirical Assessment of the Lead and Lag Behaviour

This paper studies the leadlag pattern in the interaction between credit and growth cycles of India at three levels i.e. at the aggregate level for annual GDP growth, at the sectoral level across a...

by Krittika Banerjee | On 06 Jan 2012

Power, Profits and Inflation: A Study of Inflation and Influence in Pakistan

The analysis seeks to look at inflation as a political economic phenomenon, based on a framework devised by Jonathan Nitzan and christened differential accumulation. The theory of differential accumul...

by Syed Ozair Ali | On 05 Jan 2012

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

Consultation Report on Strengthening the Role of Agriculture for a Nutrition Secure India

The Indira Gandhi Institute of Development Research (IGIDR), Mumbai and the International Food Policy Research Institute (IFPRI), New Delhi organized a workshop ‘Strengthening the Role of Agriculture...

by Srijit Mishra | On 27 Dec 2011

Root Problem: Labour Laws

Delivering the third Business Standard lecture on Thursday night, Raghuram Rajan provided an interesting insight into the reason for high inflation in India. The professor of finance at Chicago, who i...

by T.N. Ninan | On 23 Dec 2011

Monetary Neutrality in the Nepalese Economy during 1975-2008

One of the methods of measuring the effectiveness of monetary policies is via inspection of monetary neutrality in the economy. It is a concept from classical economics and it suggests that changes...

by Mukesh Khanal | On 16 Dec 2011

Exposing the Plight of Farmers in Punjab

Review of the book 'Debt and Death in Rural India: The Punjab Story' by Aman Sidhu and Inderjit Singh Jaijee Sage Publications India, New Delhi, 2011, Rs 750/-, pp 360.

by Gursharan Singh Kainth | On 13 Dec 2011

Why Full Open Access Matters

Scientific authors who pay to publish their articles in an open-access publication should be congratulated for doing so. They also should be aware that they may not be getting full open access fro...

by Michael W Carroll | On 13 Dec 2011

Comparative Analysis of Inflation in Nepal and India

Inflation data for the past few years (August 2007 to October 2011 of Nepal and August 2007 to July 2011 of India for the analysis of monthly annual variation) have been taken into consideration for...

by Nepal Rastra Bank Research Department NRB | On 12 Dec 2011

Where Socrates Fears to Tread……

Review of the book 'Social Income and Insecurity: A Study in Gujarat' by Guy Standing, Jeemol Unni, Renana Jhabvala, and Uma Rani Routledge India, 2010 216 pages.

by N. Vijayamohanan Pillai | On 12 Dec 2011

Monetary and Fiscal Policy in the Presence of Informal Labour Markets

How does informality in emerging economies affect the conduct of monetary and fiscal policy? To answer this question two-sector, formal-informal new Keynesian closed-economy is constructed. The inf...

by Nicoletta Batini | On 02 Dec 2011

National Urban Transport Policy

The objective of this policy is to ensure safe, affordable, quick, comfortable, reliable and sustainable access for the growing number of city residents to jobs, education, recreation and such other...

by Ministry of Urban Development GOI | On 30 Nov 2011

An Estimated DSGE Model of the Indian Economy

A closed model DSGE model of the Indian economy is developed and it is estimated by Bayesian Maximum Likelihood methods using Dynare. A model is build up in stages to with a number of features impo...

by Vasco Gabriel | On 28 Nov 2011

The Challenge of Food Inflation

The trends in food inflation over the past 60 years are given. Having thus set the context, the factors driving structural food inflation, which should give us a perspective of the underlying dynam...

by Duvvuri Subbarao | On 24 Nov 2011

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

Final Report of the Task Force on Domestic Workers: Realising Decent Work

This report presents the results of the deliberations of the Task Force. Section one provides the background. Section two presents the status of the implementation of March 2010 recomme...

by Ministry of Labour and Employment MoL&E | On 18 Nov 2011

The Pension Fund Regulatory and Development Authority Bill, 2011

A bill to provide for the establishment of an Authority to promote old age income security by establishing, developing and regulating pension funds, to protect the interests of subscribers to sche...

by Parliamentary Research Service PRS | On 17 Nov 2011

The Impossible Trinity and Capital Flows in East Asia

The Impossible Trinity doctrine still holds a powerful sway over policymakers, advisors (particularly the International Monetary Fund [IMF]) and academia. In East Asia over the past decade, however,...

by Stephen Grenville | On 15 Nov 2011

Monetary Operating Procedures: Principles and the Indian process

As markets deepen and interest elasticities increase it is optimal for emerging markets to shift towards an interest rate instrument since continuing monetization of the economy implies money demand...

by Ashima Goyal | On 04 Nov 2011

Economic and Financial Developments in Goa

Goa is celebrating the Golden Jubilee Year of its Liberation. The recent economic achievements of the state are highlighted. The economic and financial structure of the state as well as the various fi...

by Deepak Mohanty | On 04 Nov 2011

The Financial Accelerator: An Emerging Market Story

In support of the financial-accelerator theory, evidence is found on countercyclical price-cost banking margins possibly explaining the amplifications of business cycles in Pakistan. [WP 41]. URL:[ht...

by Shah Hussein | On 03 Nov 2011

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

An Empirical Analysis of Monetary and Fiscal Policy Interaction in India

This study analyses the behaviour of monetary and fiscal policies interaction in India using quarterly data for 2000Q2 to 2010Q1. It finds that, even after the elimination of automatic monetisation...

by Janak Raj | On 11 Oct 2011

Understanding Inflation and Controlling It

Inflation management is one of the hardest tasks an economic policymaker has to undertake. It appears, at first sight, that one can rely entirely on commonsense to carry out this task. But that will b...

by Kaushik Basu | On 28 Sep 2011

Monetary Policy Dilemmas: Some RBI Perspectives

Over the last decade, the profile of central banks has gone up. First, we had the Great Moderation - a period of extraordinary benign macroeconomic environment globally, characterized by steady growth...

by Duvvuri Subbarao | On 27 Sep 2011

History of Monetary Policy in India since Independence

An SIIO paradigm, based on structure and ideas that become engraved in institutions and affect outcomes, is developed to examine and assesses monetary policy in India after independence. Narrative h...

by Ashima Goyal | On 16 Sep 2011

Pakistan: 10 Year Banking Strategy Paper for the Banking Sector Reforms

This paper maps out a strategy for banking sector reforms over the next decade. It is formulated by the State Bank of Pakistan (SBP) and is centered on reforms involving the SBP. But the Banking Secto...

by State Bank of Pakistan SBP | On 15 Sep 2011

Report of the Expert Committee on Licensing New Urban Co-operative Banks

With a view to increasing the coverage of banking services amongst local communities, it was proposed in the Annual Policy Statement for the year 2010-11 to set up a Committee comprising of all stakeh...

by Reserve Bank of India RBI | On 15 Sep 2011

When do Stock Futures Dominate Price Discovery?

Stock futures offer leveraged positions and are expected to attract informed traders. Many researchers have found that the information share of the stock futures is surprisingly small; the equity sp...

by Jeffrey Vincent | On 24 Aug 2011

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

Identifying Systemically Important Financial Institutions (SIFIs)

In this study the analytical framework for identifying and benchmarking systemically important financial institutions is discussed. First, the main concepts underlying the SIFI definition are laid out...

by Christian Weistroffer | On 12 Aug 2011

The Draft National Land Acquisition and Rehabilitation and Resettlement Bill, 2011

The draft Bill puts in place a new institutional mechanism to ensure that the Rehabilition and Resettlement (R&R) provisions are implemented effectively as an integral part of land acquisition.

by Ministry of Rural Development GOI | On 10 Aug 2011

Consultation Paper on Mobile Value Added Services

TRAI has initiated this consultation paper suo-motu focusing on future looking regulatory framework for provisioning of Mobile Value Added Services. URL:[http://www.trai.gov.in/WriteReadData/trai/uplo...

by Telecom Regulatory Authority of India (TRAI) | On 26 Jul 2011

Shocks, Economic Growth and the Indian Economy

This paper analyses the impact of domestic and external shocks on the Indian economy. A macro-modelling framework is developed that evaluates the impact of two domestic shocks (rainfall shortfall an...

by B B Bhattacharya | On 15 Jul 2011

Speed of Adjustment and Inflation – Unemployment Tradeoff in Developing Countries – Case of India

This paper estimates the short-run aggregate supply curve for the Indian economy over the period 1950-51 to 2008-09. Methodological improvements in this paper include the technique of estimating adapt...

by Ravindra H Dholakia | On 14 Jul 2011

Barriers to Household Risk Management: Evidence from India

Why do many households remain exposed to large exogenous sources of non-systematic income risk? Why don’t financial markets develop to pool these risks? This paper uses a series of randomized field...

by Shawn Cole | On 06 Jul 2011

Fisher’s Equation: Some Methodological Doubts

The Fisher's equation has become a foundation stone of modern macroeconomic, monetary and financial theories. Here it is shown that despite the estabilished status of Fisher's equation, it stands on...

by Rajas Parchure | On 04 Jul 2011

India’s Experience in Navigating the Trilemma: Do Capital Controls Help?

Managing capital flows is the key policy challenge for emerging economies like India in the aftermath of the crisis. In contrast to other emerging markets who are levying capital controls, India‘s mac...

by R. Kohli | On 04 Jul 2011

Non-financial Reporting – What, Why and How - Indian Perspective

The importance of non-financial reporting in the overall assessment of a company's performance, its risk-return trade off is steadily gaining ground, both globally and in India. [Address by Dr K. C...

by Chakrabarty K C | On 10 Jun 2011

Estimating Output Gap for Pakistan Economy: Structural and Statistical Approaches

The objective of this study is to estimate potential output vis-à-vis output gap for Pakistan’s economy. This paper reviews six commonly used techniques to estimate potential output and from that the...

by S. Adnan H. A. S. Bukhari | On 09 Jun 2011

Beyond Bullets and Bombs: Fixing the U.S. Approach to Development in Pakistan

In a new CGD report, U.S. and Pakistani development experts urge a substantial revamp of the U.S. approach to Pakistan, saying that U.S. efforts to build prosperity in the nuclear-armed nation with a...

by Nancy Birdsall | On 02 Jun 2011

The Protection of Women Aganist Sexual Harassment at Work Place Bill, 2010

The Bill lays down the definition of sexual harassment and seeks to provide a mechanism for redressing complaints.

by Parliamentary Research Service PRS | On 01 Jun 2011

Monetary Policy and Credit Demand in India and Some EMEs

Impact of changes in policy rate of interest on demand for bank credit is examined for seven emerging market economies including India for the period 2002 to 2010. Panel data techniques are used after...

by B L Pandit | On 24 May 2011

Kashmir - A Report to the Nation

This report documents the crisis situation facing Kashmir in the 90s and the role of PUCL delegates in its intervention. URL: [http://www.pucl.org/major_reports/Kashmir_A_Report_To_The_Nation_part-1.p...

by Rajinder Sachar | On 23 May 2011

Annual Report and Accounts: 2009-10

This paper contains the annual report and accounts of ministry of railways for the year 2009-10. URL: [http://www.indianrailways.gov.in/railwayboard/uploads/directorate/stat_econ/Stat_0910/Annual%20_R...

by Ministry of Railways | On 17 May 2011

Monetary Operations and Central Bank Balance Sheets in a World of Limited Government Securities

The limited supply of government securities in some industrial countries has important ramifications for the operating techniques used by central banks to implement monetary policy, provide credit to...

by Mark Zelmer | On 16 May 2011

Framework Administered Account for Selected Fund Activities: World Bank Subaccount for Selected Fund Activities

In March 2009, the Fund established a new Framework Administered Account to administer external financial resources for selected Fund Activities (the “SFA Instrument”). The financing of activities u...

by International Monetary Fund | On 12 May 2011

A Floating versus Managed Exchange Rate Regime in a DSGE Model of India

In this paper the authors first develop a two-bloc model of an emerging open economy interacting with the rest of the world calibrated using Indian and US data. The model features a fina...

by Nicoletta Batini | On 11 May 2011

Ministry of Finance and Planning Annual Report

This paper contains the annual report of Ministry of Finance and Planning, Government of Sri Lanka. URL: [http://www.treasury.gov.lk/FPPFM/fpd/pdfdocs/annualreports/annualreport2009-eng.pdf]

by Ministry of Finance and Planning, Govt of Sri Lanka | On 10 May 2011

The Wrong War

In a week when the Reserve Bank of India (RBI) has said that combating inflation is now its primary focus, it is important to ask: is RBI fighting yesterday’s war, instead of peering into the future t...

by T.N. Ninan | On 08 May 2011

India: Kal, Aaj Aur Kal

All across the board growth forecasts for this year are being revised downwards. What has changed in the last few months? http://www.indicus.net

by Sumita Kale | On 08 May 2011

How to Measure inflation in India?

What is the best inflation measure in India? What inflation measure is most relevant for monetary policy making in India? Questions of timeliness, weights in the price index, accuracy of food price m...

by Ila Patnaik | On 06 May 2011

Monetary Policy Statement 2011-12

This Statement sets out the Reserve Bank’s assessment of the current macroeconomic situation and projections. URL:[http://rbidocs.rbi.org.in/rdocs/notification/PDFs/APS030511F.pdf].

by Duvvuri Subbarao | On 03 May 2011

National Budget Making: Bottom Up Approach and Inclusiveness

National Budget of the country is the annual program of the Government's expenditure and income for a fiscal year. In a developing economy like Bangladesh, the national annual budgets reflect the gove...

by Atiur Rahman | On 03 May 2011

Deregulation of Savings Bank Deposit Interest Rate: A Discussion Paper

The paper is an attempt to deal with pros and cons of deregulating savings deposit interest rate and take on board the suggestions of various stakeholders for either maintaining the status quo or dere...

by Reserve Bank of India RBI | On 02 May 2011

Bad Deal for the Planet: Why Carbon Offsets Aren't Working and how to Create a Fair Global climate Accord

The world’s biggest carbon offset market, the Clean Development Mechanism, is a global shell game that is increasing greenhouse gas emissions behind the guise of promoting sustainable development. It...

by International Rivers Network IRN | On 28 Apr 2011

Tripura Budget 2011-12

Budget speech of Finance Minister.

by Government of Tripura | On 27 Apr 2011

Issues for Approach to the 12th Five Year Plan

GDP growth likely to average 8.2 per cent over 11th Plan: short of the 9% target, but remarkable given the global crisis and drought. Basic objective : Faster, More Inclusive, and Sustainable Growth ...

by Planning Commission | On 25 Apr 2011

Did the Indian Capital Controls Work as a Tool of Macroeconomic Policy?

In 2010 and 2011, there has been a fresh wave of interest in cap- ital controls. India is one of the few large countries with a complex system of capital controls, and hence others an opportunity to...

by Ila Patnaik | On 21 Apr 2011

Himachal Pradesh Budget 2011-12

Budget Speech of the Finance Minister. URL: [http://admis.hp.nic.in/budget/Aspx/Anonymous/pdf/FS_Eng_2011.pdf]

by Himachal Pradesh Government of India | On 20 Apr 2011

Statement by Governor, RBI

There have been significant developments in the global economy since we met in the fall of 2010. The IMF too has moved on several fronts under its mandate which has strengthened its position in a chan...

by Duvvuri Subbarao | On 20 Apr 2011

Maharashtra Budget 2011-2012 Part II

Maharashtra Budget Part II

by Maharashtra Government | On 18 Apr 2011

Liquidity Considerations in Estimating Implied Volatility

Some option series in the market are far less liquid than others. Market illiquidity can reduce the informativeness of option prices. In this paper, an alternative schemes are proposed to estimate im...

by Rohini Grover | On 09 Apr 2011

Race and Equality: A Study of Ethnic Minorities in Hong Kong’s Education System

This report analyzes the key education-related issues raised in these interviews as well as available studies on the needs of ethnic minority communities, press reports, government reports and edu...

by Kelley Loper | On 01 Apr 2011

Budget 2011-12, Meghalaya

Budget 2011-12 presented by the Finance Minister.

by Government of Meghalaya Govt | On 28 Mar 2011

Where are Food Prices Heading?

This paper aims to review the main considerations around food price movements. It includes a discussion on the impact of speculation. URL:[https://www.dbresearch.com/PROD/DBR_INTERNET_EN-PROD/PROD00...

by Claire Schaffnit Chatterjee | On 16 Mar 2011

The State of the World’s Children 2011 Adolescence – An Age of Opportunity

The State of the World's Children 2011 examines the global state of adolescents; outlines the challenges they face in health, education, protection and participation; and explores the risks and vulner...

by United Nations Children's Fund UNICEF | On 14 Mar 2011

Budget for Gender Equity

The budgetary policy of the Government has a major role to play in achieving objectives of gender equality and growth through content and direction of Fiscal and Monetary Policies, measures for r...

by Government of India Ministry of Women and Child Development | On 08 Mar 2011

Report Cards: The Impact of Providing School and Child Test-scores on Educational Markets

Recent evidence on the impact of information provision on service delivery has been mixed, with overall outcomes even worsening in certain cases. We examine the market-wide impact of an experimental i...

by Tahir Andrabi | On 07 Mar 2011

Renminbi Revaluation: Lessons and Experiences

Japan experienced sharp appreciations of the yen twice after World War II, the first followed by hyperinflation and the second by the “economic bubble” in the late 1980s. The country then underwent...

by Toshiki Kanamori | On 07 Mar 2011

Budget 2011-2012

Budget speech 2011-2012 by Pranab Mukherjee.

by Pranab Mukherjee | On 01 Mar 2011

Economic Survey, 2010-11, Chapter 1

State of the Economy and prospects. URL:[http://www.indiabudget.nic.in/es2010-11/echap-01.pdf].

by Ministry of Finance | On 28 Feb 2011

Policy and Regulatory Environment for Private Investment in the Power Sector

Private investors respond to risk return tradeoffs. The policy environment and regulatory framework significantly influence risk as well as return in the power sector. Power sector reform and policy...

by Anoop Singh | On 22 Feb 2011

Review of the Economy 2010/11

The Economic Advisory Council in its review of the economy has predicted a continued high growth but has suggested steps to sustain this growth, chief among them:Containing inflation by focusing both...

by C. Rangarajan | On 21 Feb 2011

Macroeconomic Forecasting using Dynamic Factor Models

This study attempts to develop a dynamic factor model (DFM) to forecast industrial production and price level in India. For this purpose, domestic as well as external economic indicators, that appea...

by Sanjib Bordoloi | On 21 Feb 2011

Central Bank Lessons from the Global Crisis

Nine preliminary lessons from the Great Recession for monetary and financial policies are presented. [3rd P. R. Brahmananda Memorial Lecture].

by Stanley Fischer | On 18 Feb 2011

Experiences of Contracting Health Services: an Overview of the Literature

Recent health policy debates in both developed and developing countries have been strongly influenced by a trend towards ‘marketisation’, involving the selective introduction of a range of market me...

by Anne Mills | On 18 Feb 2011

Asymmetric Shocks and Co-movement of Price Indices

This paper is an attempt to gauge the relationship between the long run paths of consumer price index and wholesale price index of Pakistan. For the empirical analysis the Johansen cointegration tec...

by Nasir Hamid Rao | On 07 Feb 2011

The Dynamics of Competition: Phasing of Domestic and External Liberalisation in India

The focus of the analysis is on the post-colonial period after India attained independence in 1947. This paper covers the period from 1950-51 onwards for which consistent data series are available....

by Arvind Virmani | On 03 Feb 2011

The Economics of Foodgrain Management in India

The simultaneous occurrence of high food inflation and large foodgrain stocks in our granaries has been a matter of widespread concern in India. The aim of this paper is to understand the fundamenta...

by Kaushik Basu | On 03 Feb 2011

India’s Fiscal and Monetary Framework: Growth in An Opening Economy

Since a crisis is a shock impinging on a system, the response can be used to deduce aspects of the system’s structure. Analysis of the crisis and recovery suggests aggregate supply in India is elasti...

by Ashima Goyal | On 01 Feb 2011

Third Quarter Review of Monetary Policy 2010-11

This statement sets out the Reserve Bank’s assessment of the current macroeconomic situation and forward projections.

by D Subbarao | On 31 Jan 2011

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

WHO/PLoS Collection ‘‘No Health Without Research’’: A Call for Papers

The World Health Report (WHR) for 2012 will be on the theme of ‘‘No Health without Research’’. The WHR 2012 aims to provide impetus for a change to the problematic state of affairs of health researc...

by Tikki Pang | On 27 Jan 2011

Evolution of India’s Exchange Rate Regime

The paper analyzes the changing INR trends over the reform period, in the context of fundamental determinants of exchange rates. [WP-2010-024].

by Ashima Goyal | On 13 Jan 2011

Ethnic Minority Poverty in Vietnam

The paper examines various aspects of development of minority in Vietnam.

by Bob Baulch | On 07 Jan 2011

Self-perceived Health of Ultra Poor Women: The Effect of an Inclusive Development Intervention

In 2002, BRAC launched a targeted and comprehensive development programme called Challenging the Frontiers of Poverty Reduction: Targeting the Ultra Poor (CFPR/TUP) aimed at the poorest of the poor,...

by Vivek A. Prakash | On 07 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

How much can Asset Transfers help the Poorest? The Five Cs of Community-level Development and BRAC’s Ultra-Poor Programme

They develop a framework for assessing community-level development programmes, building upon five related elements that are centrally important: confidence, cohesion, capacity, connections and cash (t...

by Anirudh Krishna | On 22 Dec 2010

The Withdrawal of OHCHR-Nepal: Agreeing an Alibi for Violation?

On 9th June 2010 the mandate of the UN human rights field mission to Nepal, the Office of the High Commissioner for Human Rights Nepal (OHCHR-Nepal), expires. The Prime Minister MK Nepal has said t...

by Asian Centre for Human Rights ACHR | On 22 Dec 2010

Monetary Policy Considerations after the Crisis: Practitioners’ Perspectives

Economic stability can be seen as an essential component of any strategy for inclusive development. To the extent that central banks play a role in providing that stability, the experience of the cris...

by Subir Gokarn | On 21 Dec 2010

Quality of Official Development Assistance Assessment

In 2010, many questions have come up regarding the actual practices of different donors— those over which they have control and those that are likely to affect their long-run effectiveness in term...

by Nancy Birdsall | On 26 Nov 2010

Import and Domestic Production of Capital Goods From Substitution to Complementarity

Structural Adjustment is aimed at altering the Incentive framework for private enterprise so as to bring it to the centre stage of domestic economic activity. The prime mover for investment and grow...

by D. Narayana | On 08 Nov 2010

Monetary Policy Strategies in the Asia and Pacific Region: What Way Forward?

Monetary policy frameworks in the Asia and Pacific region have performed well in the past decade as judged by inflation outcomes. We argue that this is due to three principal factors: (i) central bank...

by Andrew Filardo | On 08 Nov 2010

Asset Market Structures and Monetary Policy in a Small Open Economy

This paper sets up a canonical new Keynesian small open economy model with nominal price rigidities to explore the impact of habit persistence and exchange rate pass-through on the welfare ranking of...

by Yongseung Jung | On 01 Nov 2010

Inflation and Economic Growth in Bangladesh: 1981-2005

This paper empirically explores the present relationship between inflation and economic growth in the context of Bangladesh. Using annual data set on real GDP and CPI for the period of 1980 to 2005, a...

by Shamim Ahmed | On 14 Oct 2010

On Some Monetarist Arithmetic

The paper improves upon the original Sargent-Wallace (SW) version which had to resort to numerical simulations to prove this point It is also shown that incorporating the Mundeil-Tobin and Darby-Tanzi...

by M J Manohar Rao | On 13 Oct 2010

The Role of State Intervention in the Financial Sector: Crisis Prevention, Containment, and Resolution

This paper discusses the role of state intervention for prevention, containment, and resolution of financial crises based mainly on the Korean experience during the 1997 Asian financial crisis. Crises...

by Yoon Je Cho | On 12 Oct 2010

The Impact of Free Trade Agreements on Business Activity: A Survey of Firms in the People's Republic of China

The People’s Republic of China (PRC) has emerged as a major player in the global economy and considers free trade agreements (FTAs) an important part of its global trading strategy. The PRC’s export i...

by Yunling Zhang | On 12 Oct 2010

Applying the Lessons of Asia: The IMF’s Crisis Management Strategy in 2008

The paper examines the recent European crisis management programs of the International Monetary Fund (IMF) to see how the lessons of Asia were applied. Compared to the Asian programs of 1997, the Euro...

by Shinji Takagi | On 11 Oct 2010

Lessons from Japan’s Banking Crisis

The Japanese government’s response to the financial crisis in the 1990s was late, unprepared and insufficient; it failed to recognize the severity of the crisis, which developed slowly; faced no major...

by Mariko Fujii | On 08 Oct 2010

Asia’s Role in the Global Financial Architecture

The global economic and financial landscape has been transformed over the past decade by the growing economic size and financial power of emerging economies. The new G20 summit process, which includes...

by Masahiro Kawai | On 05 Oct 2010

Escaping Poverty: The Ralegan Siddhi Case

Poverty remains to be the most important development issue facing India with an estimated 301.72 million Indians (27.5 percent) living below the poverty line in 2004-2005. In 1975, Ralegan Siddhi was...

by Aasha Kapur Mehta | On 04 Oct 2010

Peasants and Formal Credit in Thiruvithamcore: The State Institutions and Social Structure 1914-1940

Considerations of credit mechanism as a suitable mode of appropriation of surplus, compared to rent, explains to a great extent the motivation, behind state intervention in the money market in pea...

by T.T. Sreekumar | On 04 Oct 2010

Disciplining Voluntary Environmental Standards At The Wto: An Indian Legal Viewpoint

This paper looks into the proliferation of privately-formulated environmental product standards and analyses whether Indian industry has a legal recourse under the WTO dispute settlement mechanism if...

by Samir R. Gandhi | On 30 Sep 2010

Emergence of Rating Agencies: Implications for Establishing a Regional Rating Agency in Asia

The present analysis sheds light on the setting up a regional rating agency in Asia in the wake of recent financial crisis. We investigate the policy facing a financial regulator while evaluat...

by Ying Yi Tsai | On 30 Sep 2010

Macro-prudential Approach to Regulation - Scope and Issues

It is being acknowledged that a macro prudential perspective is critical in designing and pursuing micro prudential regulation of institutions and markets. Two distinct but highly inter-related constr...

by Shyamala Gopinath | On 28 Sep 2010

The Returns to English-Language Skills in India

India's colonial legacy and linguistic diversity give English an important role in its economy, and this role has expanded due to globalization in recent decades. It is widely believed that there are...

by Mehtabul Azam | On 26 Sep 2010

Social Protection is Centuries-Old!

In spite of continued growth, millions of Ugandans remain in long-term, extreme poverty. They are also likely to continue being by-passed by the opportunities that economic growth offers, mostly to th...

by John De Coninck | On 24 Sep 2010

Women's Work in the Post Reform Period: An Exploration of Macro Data

Development within the framework of economic reforms is often equated to growth rates which are highlighted as the only solution to all problems – be it poverty, unemployment or inequalities based...

by Neetha N | On 21 Sep 2010

An Economic Theory of Emission Cap Determination By an International Agreement

The objective of this paper is twofold. Firstly, to propose a conceptual and institutional framework for the first step of the Kyoto procedure. This framework is formally expressed in a non-cooperativ...

by Sudhir A. Shah | On 09 Sep 2010

Measurement of Inflation in India: Issues and Associated Challenges for the Conduct of Monetary Policy

In India, there is a large divergence between CPI and WPI inflation trends in the past, wide dispersion in inflation across commodity groups within WPI, and significant volatility in headline WPI in...

by Nadhanael G V | On 08 Sep 2010

Discontinuity in the Environment, Firm Response, and Dynamic Capabilities

This paper identifies and focuses on a specific type of environmental development called discontinuity. Discontinuities in the forms of rapid technological innovations, regulatory reforms, instituti...

by M. R. Dixit | On 24 Aug 2010

An Examination of the Relationship between Health and Economic Growth

This paper attempts to examine the relationship between health and economic growth. The rate of growth is measured using gross national income (GNI) and health status is measured using infant mortalit...

by Garima Malik | On 04 Aug 2010

Exchange Rate Arrangements For East Asia Post-Crisis: Examining The Case For Open Economy Inflation Targeting

The infeasibility of a monetary union for East Asia in the near future, as well as the limitations of other forms of super fixes, appears to leave a flexible regime as the only viable policy option....

by Tony Cavoli | On 30 Jul 2010

The Japanese Economy and Economic Policy in Light of the East Asian Financial Crisis

The depth and breadth of the East Asian financial crisis has added a sense of acute urgency for some concrete and credible measures by policy-makers to revitalise the Japanese economy. While steps...

by Ramkishen Rajan | On 23 Jul 2010

Examining The Case For Reserve Pooling In East Asia: Empirical Analysis

Two features of East Asia’s recovery from the financial turmoil of 1997- 98 appear to be rather paradoxical. First, the regional economies (except Hong Kong, China and Malaysia) have allowed a relat...

by Ramkishen S. Rajan | On 20 Jul 2010

Institutions for Asian Connectivity

To make Asia more economically sustainable and resilient against external shocks, regional economies need to be rebalanced toward regional demand- and trade-driven growth through increased regional co...

by Biswa N Bhattacharyay | On 09 Jul 2010

Incentive Based Approaches for Mitigating Greenhouse Gas Emmissions : Issues And Prospects for India

As a consequence of the flexibility mechanisms incorporated in the Kyoto Protocol (KP), incentive-based policies such as emissions trading and the clean development mechanism (CDM) are being widely d...

by Shreekant Gupta | On 07 Jul 2010

The Question of Land and Infrastructure Development in India: Urgently Required Reforms for Fairness and Infrastructural Development

In this paper an analytical critique of the law and restrictions as also of the framework of urban planning and a justification for why major change is required in the approach to land markets, lan...

by Sebastian Morris | On 29 Jun 2010

The Exchange Rate Regime in Asia: From Crisis to Crisis

Prior to the Asian financial crisis, most Asian exchange rates were de facto pegged to the US Dollar. In the crisis, many economies experienced a brief period of extreme flexibility. A `fear of float...

by Ila Patnaik | On 18 Jun 2010

Health Seeking Behaviour And Delays In Diagnosis And Treatment In Patients Reporting With Cough Of Three Weeks Or More To Tuberculosis Units & Microscopy Centres In East Sikkim

The objective of this paper is to study the health seeking behaviour in patients reporting with cough of 3 weeks or more to Tuberculosis Units & Microscopy Centres in East District of Sikkim and to...

by Karma Jigme Tobgay | On 11 Jun 2010

Policy Barriers Preventing Access to Emergency Obstetric Care in Rural India

The paper is based on study of policies, research reports and experience of working in the area of maternal health over last several years. The paper describes how policies restrict basic doctors*fr...

by Dileep V. Mavalankar | On 07 Jun 2010

Spatial Inequality in Social Progress in Bangladesh

The paper tracks spatial inequality in social progress in Bangladesh as evidenced from the district level data. It uses a multivariate framework to explore the differential pace of social progress at...

by Binayak Sen | On 04 Jun 2010

Girls in Science and Technology Education: A Study on Access, Participation, and Performance of Girls in Nepal

This paper is a study on Access, Participation, and Performance of Girls in Science and Technology in Nepal. This study was undertaken essentially to achieve four objectives, viz. to review curricular...

by Dr. Vidya Nath Koirala | On 03 Jun 2010

Implementation of Monetary Policy in India

How does the Reserve Bank of India implement monetary policy? The objectives and framework of monetary policy, as they have evolved, the operational aspects of monetary policy have been discussed. Th...

by Deepak Mohanty | On 08 Apr 2010

State Business Relations and Performance of Manufacturing Sector in Andhra Pradesh

In this paper, an attempt is made to enquire into the politics of the government and business relation and how it affects the industrial development in general and expansion of manufacturing sector...

by Alivelu G | On 02 Mar 2010

Asia Confronts the Impossible Trinity

Capital account openness and exchange rate flexibility in 11 Asian countries are examined. Asia has made slow progress on de jure capital account openness, but has made much more progress on de facto...

by Ila Patnaik | On 04 Feb 2010

Exchange Market Pressure and Monetary Policy

The objective of this study is to examine empirically the impact of monetary policy on exchange market pressure (EMP) in Bangladesh. EMP is measured as the sum of percentage change of international re...

by Sayera Younus | On 29 Jan 2010

Third Quarter Review of Monetary Policy 2009-10

The Reserve Bank has pursued an accommodative monetary policy beginning mid-September 2008 in order to mitigate the adverse impact of the global financial crisis on the Indian economy. The measures ta...

by D Subbarao | On 29 Jan 2010

Measures of Inflation in India: Issues and Perspectives

A review of the various primary measures of inflation with a particular reference to the divergence between WPI and CPI. Focus is also given on different secondary (derived) measures of inflation, par...

by Deepak Mohanty | On 21 Jan 2010

The Difficulties of the Chinese and Indian Exchange Rate Regimes

China and India have both attempted distorting the exchange rate in order to foster exports-led growth. This is described as the Bretton Woods II framework, where developing countries buy bonds in the...

by Ila Patnaik | On 30 Nov 2009

Philosophy and Practice of Financial Sector Regulation – Space for Unorthodoxy

Evolution of the financial sector regulation in India, particularly focusing on the elements of the policy framework which have contributed to the broader stability in the financial sector is depicted...

by Shyamala Gopinath | On 05 Nov 2009

Second Quarter Review of Monetary Policy 2009 -10

The repo rate has been kept unchanged at 4.75%. The reverse repo rate left steady at 3.25%. The bank rate has been retained unchanged at 6.0%. The cash reserve ratio (CRR) of scheduled banks has been...

by D Subbarao | On 27 Oct 2009

Telecommunications Infrastructure and Economic Growth: Evidence from Developing Countries

Simultaneous relationship between telecommunications and the economic growth, using data for developing countries are examined. Using 3SLS, a system of equations that endogenize economic growth and...

by Kala Seetharam Sridhar | On 15 Oct 2009

Emerging Market Concerns: An Indian Perspective

From the perspective of Emerging Market Economies (EMEs) and particularly for that of India, five concerns are expressed. These are: first, timing of exit from the accommodative monetary policy in the...

by D Subbarao | On 15 Oct 2009

Rectifying the Anti-politics of Citizen Participation

Can ‘participatory’ approaches to development constitute a viable strategy for promoting citizenship? This paper addresses this question by scrutinising the equivocal reaction of a peasant community...

by Katsuhiko Masaki | On 13 Oct 2009

Coping with Rising Food Prices: Policy Dilemmas in the Developing World

Rising food prices cause considerable policy dilemmas for developing country governments. Letting domestic prices adjust to reflect the full change in international prices generates inflationary pres...

by Nora Lustig | On 09 Oct 2009

Monetary Policy, Forex Markets and Feedback Under Uncertainity in an Opening Economy

Options for monetary policy arising from interactions between it and Indian foreign exchange (FX) markets. A brief survey covers recent rapid changes providing a snapshot of current microstructure, ...

by Ashima Goyal | On 14 Sep 2009

What Is the Impact of the Global Financial Crisis on the Banking System in East Asia?

This paper assesses the condition and outlook of the financial sectors—in particular, the banking sector—in the East Asia region in the aftermath of the current global financial crisis. The risks in t...

by Michael Pomerleano | On 07 Sep 2009

An Analysis of Household's Tobacco Consumption Decisions: Evidence from India

The consumption patterns, socio-economic distribution and the household choice of a variety of tobacco products across rural and urban India are analyzed. Using a Multinomial Logit Model, the choice...

by Rijo M John | On 19 Aug 2009

Morbidity Patterns In Kerala: Levels and Determinants

This paper examines the levels, patterns, and determinants of morbidity in Kerala. This study is based on a community survey conducted in 2004, in three districts of the state namely Thiruvananthap...

by Navaneetham K | On 14 Aug 2009

Technology, Financial Inclusion and Role of Urban Cooperative Banks

The focus should be to simplify the technology which can operate on any platform. The technology solution to the business needs should be user-friendly without much third-party or IT vendor interventi...

by Chakrabarty K C | On 11 Aug 2009

Determinants of Fuelwood Use in Rural Orissa: Implications for Energy Transition

This study examines household behaviour related to fuelwood collection and use. The focus is on identifying the behavioral transition of fuelwood-using households from collection to purchase. The st...

by ARABINDA MISHRA | On 29 Jul 2009

The State and Civil Society in Disaster Response An Analysis of the Tamil Nadu Experience

The primary objective of this report is to bring together the experiences and learnings of a range of actors affected by, and involved in the disaster response in order to identify factors that have i...

by Tata Institue of Social Sciences TISS | On 28 Jul 2009

Impact of Global Financial Crisis on Reserve Bank of India (RBI) as a National Regulator

The multi-dimensional role of RBI and how it reponded to the financial crisis is depicted in the presentation. [Presentation made at the 56th EXCOM Meeting and FinPower CEO Forum organised by APRACA a...

by Usha Thorat | On 15 Jul 2009

Financialization of Capital - Deterioration of Working Conditions

This paper addresses the issue of establishing a regulatory regime along the production, supply and value chains of multinational corporations in terms of setting labor standards and protecting worker...

by Fichter Michael | On 08 Jul 2009

Human Development Index for Andhra Pradesh

The method used to measure Human Development are reviewed in order to measure Human Development Index for rural AP by considering indicators such as economic attainment, longevity and education. The e...

by Jatinder S Bedi | On 07 Jul 2009

Key Features of Budget 2009-2010

Key features of budget presented by the Finance Minister

by Pranab Mukherjee | On 06 Jul 2009

Report of the Internal Working Group on Debt Management

Establishing a debt management office would consolidate all debt management functions in a single agency, and be the catalyst for wider institutional reform and transparency about public debt. It is i...

by Ministry of Finance | On 04 Jul 2009

Emerging Contours of Financial Regulation: Challenges and Dynamics

The paper attempts to analyse the emerging contours of regulation of financial institutions with an emphasis on the emerging challenges and dynamics. [Paper prepared for Financial Stability Review of...

by Rakesh Mohan | On 29 Jun 2009

Inflation and the Poor in Bangladesh

This note analyses the major characteristics of the current inflationary episode in the economy along with its probable impact on different population groups in Bangladesh. The note also draws some po...

by Mustafa. K. Mujeri | On 27 Jun 2009

Inflation in Bangladesh: Does the Changing Consumption Pattern Affect its Measurement ?

The paper analyzes the effects of changes in consumption factor on the calculation of inflation calculation in Bangladesh. This is important as there might exist some volatile and non-trend components...

by Md. Habibour Rahman | On 27 Jun 2009

Measuring Inflationary Pressure in Bangladesh: The P-Star Approach

The paper estimates the P* model for Bangladesh economy and test its forecasting ability through generating recursive forecasts. The empirical result shows that the model performs relatively well and...

by Mustafa. K. Mujeri | On 27 Jun 2009

Relative Effectiveness of Monetary and Fiscal Policies on Output Growth in Bangladesh: A VAR Approach

This paper investigates the relative importance of monetary and fiscal policies in altering real output of Bangladesh. An unrestricted vector auto regression (VAR) framework based on the St. Louis equ...

by Md. Habibur Rahman | On 27 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

Impact of Monetary Policy Changes in a Semi-Global Economy: Evidence from Bangladesh

The study examines the impact of changes in monetary policy in Bangladesh. Specifically, the study examines the impact of domestic and foreign monetary shocks on Bangladesh’s major economic aggregate...

by Sayera Younus | On 22 Jun 2009

Financial Development and Velocity of Money in Bangladesh: A Vector Auto- Regression Analysis

The study uses co-integration and vector auto-regression (VAR) techniques to identify the determinants of income velocity of money (VM) in Bangladesh, covering both narrow and broad money. The study o...

by Md. Akhtaruzzaman | On 15 Jun 2009

Employment Promoting Growth in Bangladesh: Monetary and Financial Sector Issues

Although economic growth has improved in recent years in Bangladesh, the better economic performance has not translated into satisfactory poverty reduction. The type of growth that matters Bangladesh...

by Mustafa. K. Mujeri | On 15 Jun 2009

Foreign Exchange Liberalization: Perceptions, Realities and Way Forward

The article focuses on understanding of the economics of the exchange control liberalisation in macroeconomic perspectives and, therefore, the article does not attempt to interpret or explore the lega...

by P Samarasiri | On 12 Jun 2009

A New Debt Crisis? Assessing the Impact of the Financial Crisis on Developing Countries

This report is intended as a wake-up call to anyone who thinks the developing world debt crisis has been resolved. In fact, it assesses fears of a new debt crisis, more serious than before, spreading...

by Sarah Edwards | On 11 Jun 2009

Research Governance in Social Science and Social Care Research

The paper summarises the main ethical issues in social science and social care research. It outlines what is meant by research governance, especially as set out in the Department of Health Research Go...

by Jan Pahl | On 05 Jun 2009

Interactions between Policy Assumptions and Rural Women’s Work –A Case Study

This paper is mainly concerned about the approaches to rural women’s development and an understanding of their work roles in the planning strategies. Changes in the economic and social participation o...

by Kumud Sharma | On 03 Jun 2009

Barso Mhare Des… Children's Perception of Drought

The chronic drought in Rajasthan affects everyone. But people are affected in different ways. This may be because of locality, form of livelihood, caste and class.This report carries the voices of gir...

by ECHO Save the Children (U.K) | On 31 May 2009

Labor Force Participation among Indian Elderly: Does Health Matter?

The paper analyzes the effect of health status on labour force participation for aged Indians. The potential endogeneity in health and labour force participation has been taken care of by using full i...

by Manoj K Pandey | On 27 May 2009

Insecurities of the Old and Marginalized: Inflation, Oil Shocks, Financial Crisis and Social Security

The paper examines the impact of recent inflation and financial shocks on the vulnerable, and explores policy design to reduce both future shocks and vulnerability to shocks. Inflation affects the typ...

by Ashima Goyal | On 22 May 2009

Determination of Inflation in an Open Economy Phillips Curve Framework: The Case of Developed and Developing Asian Countries

This paper investigates the determination of inflation in the framework of an open economy forward-looking as well as conventional backward-looking Phillips curve for eight Asian countries- Japan, Ho...

by Pami Dua | On 22 May 2009

Regional Monetary Units for East Asia: Lessons from Europe

This paper reports the European experience with a basket currency, the ECU. The ECU was initially introduced as a reference unit and later became the anchor of the European Monetary System. Public pol...

by Girardin Eric | On 22 May 2009

Summary of the Welcome Remarks by Dr.Bimal Jalan, Governor, at the 11th C.D. Deshmukh Memorial Lecture

Dr. Bimal Jalan, Governor gave a welcome remark to Prof. Charles Goodhart on his 11th C. D. Deshmukh Memorial Lecture on 'Whither Central Banking ?' This paper revolves around Dr. Jalan's summary and...

by Dr Bimal Jalan | On 21 May 2009

Assessing Policy Choices For Managing SO2 Emisions From Indian Power Sector

The production, transportation and consumption of energy resources, especially of fossil fuels such as coal, oil and natural gas, generate negative environmental externalities including air pollution....

by Deepa Menon Choudhary | On 18 May 2009

Macroeconometric Policy Modeling for India: A Review of Some Analytical Issues

Macroeconomic modelling is generally motivated by two objectives: forecasting and more significantly, policy analysis. In pursuit of both these objectives, every model must ideally satisfy four crite...

by V. Pandit | On 16 May 2009

Agricultural Impact of Climate Change: A General Equilibrium Analysis with Special Reference to Southeast Asia

Capitalizing on the most recent worldwide estimates of the impacts of climate change on agricultural production, this paper assesses the economic effects of climate change for Southeast Asian countrie...

by Fan Zhai | On 14 May 2009

Gender and Innovation in South Asia

To understand how gender, women’s rights and citizenship intersect with innovation in SouthAsia, one must begin by considering some of the main features of life for South Asian women, about a half of...

by Sujata Byravan | On 06 May 2009

You Can Get There From Here..

This inaugural piece addresses a fundamental problem of communication – how to effectively talk about an issue. It’s not as simple as it seems. Its always known that people did not always “hear” what...

by Joseph Grady | On 05 May 2009

Social Protection for Informal Workers: Insecurities, Instruments and Institutional Mechanisms

This paper presents a broad definition of social protection to include basic securities, such as income, food, health and shelter, and economic securities including having income generating productive...

by Jeemol Unni | On 01 May 2009

Global Financial Crisis: Causes, Consequences and India’s Prospects

Presentation shows the global financial crisis, the difference between US, Europe and India, RBI’s policy response and impact, lessons from the crisis, medium-term issues and challenges. [Speech deliv...

by Rakesh Mohan | On 29 Apr 2009

CBDR Principle and Recent Developments at the UNFCCC Ensuring Fairness to Developing Countries

This paper on the CBDR deals with these issues of equity, development and climate change in a holistic way to address the problem from the global south perspective keeping the South Asian requirement...

by Sanjay Vashist | On 24 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

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

Through a Glass Darkly: Deciphering the Impact of Oil Price Shocks

In order to examine if the impact of oil price shocks depends on the structure of an economy, a vertical (VSC) and a horizontal (HSC) long-run supply curve identification are successively imposed on a...

by Ashima Goyal | On 05 Jan 2009

Reducing Currency and Maturity Mismatch

The main objectives of this report are to identify and propose policies, factors and conditions that could mitigate or avoid double mismatches. policies here means any course of action pursued and ad...

by Khee-Giap Tan | On 19 Dec 2008

Book Review: War, Culture and Media

Thomas Conroy, Jarice Hanson, eds. Constructing America's War Culture: Iraq, Media, and Images at Home. Lanham: Lexington Books, 2008. viii + 171 pp. $60.00 (cloth), $24.95 (paper).

by Fabian Virchow | On 06 Dec 2008

Reporting on Violence: New Ideas for Television, Print and Web

This handbook gives information about violence like domestic or family violence and youth violence. It also provides suggestions to public health departments on the ways to deal with such crimes. Addi...

by Jane Ellen Stevens | On 04 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

Inside the Family A Report on Democratic Rights of Women

The report highlights the following aspects: 1. the inability of the legal system to recognise the unique unequal , 2. position of women; 3. the perception of women as peripheral to economic develo...

by PUDR Peoples Union for Democratic Rights | On 01 Dec 2008

The Role of Fiscal and Monetary Policies in Sustaining Growth with Stability in India

This paper focuses on the role of fiscal and monetary policies in the evolution of the Indian economy over the years, with particular attention being given to the reforms undertaken in these policies...

by Rakesh Mohan | On 28 Nov 2008

Contemporary International and Domestic Banking Developments and the Emerging Challenges

A broad overview, from the Indian perspective, of the factors underlying the credit market crisis in the west, the implications of the crisis for the financial sector, lessons learnt from it, the var...

by Leeladhar V | On 25 Nov 2008

India’s Macroeconomic Performance

The paper reviews India’s macroeconomic performance and policies since 2000. The first section briefly summarizes key macroeconomic developments regarding economic growth, inflation, external bala...

by Shankar Acharya | On 02 Nov 2008

India’s Macroeconomic Performance and Policies Since 2000

The paper reviews India’s macroeconomic performance and policies since 2000. The first section briefly summarizes key macroeconomic developments regarding economic growth, inflation, external balance...

by Shankar Acharya | On 29 Oct 2008

International Financial Regulation : The Quiet Revolution

The author points out that the general directions of change adopted by the financial authorities in countries around the world in response to the market turbulence of 1997 and 1998 are correct. But, e...

by Howard Davies | On 14 Oct 2008

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

Pluralism, Tenancy and Poverty: Cultivating Open-Mindedness in Poverty Studies

This paper applies theoretical pluralism to studies of poverty. However in order to be more specific it takes as a case study some competing studies of Indian rural tenancy relations. In the paper, sp...

by Wendy Olsen | On 25 Sep 2008

Early Warnings of Inflation in India

In India, year-on-year percentage changes of price indexes are widely used as the measure of inflation. In terms of monthly data, each observation of a one-year change in inflation is the sum of twelv...

by Rudrani Bhattacharya | On 25 Sep 2008

The Natural Interest Rate in Emerging Markets

An optimizing model of a small open emerging market economy (SOEME) with dualistic labour markets and two types of consumers, is used to derive the natural interest rate, terms of trade and potentia...

by Ashima Goyal | On 24 Sep 2008

Fiscal Policy and Economic Reforms

A practitioner’s perspective of fiscal policy, and economic reforms.

by Y V Reddy | On 14 Aug 2008

Impact of Proposed Commodity Transaction Tax

The relationship between trading activity, volatility and transaction cost using a three-equation structural model for five top selected commodities namely Gold, Copper, Petroleum Crude, Soya Oil and...

by Pravakar Sahoo | On 07 Aug 2008

Banking Sector Reforms and Equity a Sub-Regional Analysis in Andhra Pradesh

In this study an attempt is made to examine the equity aspect due to reforms in the banking sector at sub-regional level in the state of Andhra Pradesh covering the period 1985 to 2004. [CESS WP 68]...

by K S Reddy | On 04 Aug 2008

Macroeconomic and Monetary Developments First Quarter Review 2008-09

The Reserve Bank released the document “Macroeconomic and Monetary Developments: First Quarter Review 2008-09” to serve as a backdrop to the First Quarter Review of Annual Policy Statement for 2008-0...

by Reserve Bank of India | On 28 Jul 2008

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

Inflation: Sign and Symptom of Mismanagement

Inflation impacts on the social and political life and it is the poor who bear the consequences most. There can be no room for tardiness in taking measures to control inflation. [See synopses of par...

by Shambhu Ghatak | On 21 Apr 2008

Sins of Omission

The question today is whether all the issues that were neglected when things were going well, will now get due attention when we can see even more clearly what needs to get done.

by T.N. Ninan | On 19 Apr 2008

Draft Report of the Committee on financial Sector Reforms

The financial sector has built capabilities such that, with appropriate policy changes, it can grow tremendously, both domestically and internationally. the report touches upon two reasons for financi...

by Raghuram G. Rajan | On 14 Apr 2008

Innovation and Growth: Role of the Financial Sector

A brief overview is provided about India’s long-term growth performance. Then an attempt is made to set out the conditions for successful innovations. To assess the role of innovations in the Indian...

by Rakesh Mohan | On 03 Apr 2008

It’s the Network, Stupid: Why Everything in Medicine Is Connected

Social networking is about more than just friends reunited; it’s a framework for understanding even the most basic of biological processes. Two papers in the month of March PLoS Medicine illustrate t...

by PLoS Medicine | On 26 Mar 2008

West Bengal Budget 2008-09

Budget and Annual Financial Statement for the year 2008-09.

by West Bengal Government | On 25 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

Maharashtra Budget 2008-09 Part I

Budget presented by the finance minister for the year 2008-09.

by Maharashtra Government | On 20 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

Access and Utilisation of Health Care Services in Urban Low-income Settlements in Surat, India

This paper investigates a range of aspects including socio economic status,morality, morbidity requiring inpatient as well as outpatient care, health care-seeking behavior etc.

by Akash Acharya | 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

Police Firing on Adivasis in Gujarat: Report of Fact Finding Committee, PUCL Gujarat

Report of the committee of concerned citizens formed by the People’s Union for Civil Liberties (PUCL), Gujarat to enquire into the facts related to the police firing on the Adivasis demonstration on t...

by Ghanshyam Shah | On 02 Mar 2008

Environmentally Sound Technologies for Sustainable Development of China and India

The paper compares policy responses of China and India to the global requirements of trade and environment regimes as well as the domestic compulsions are compared.

by Sankar U | On 11 Feb 2008

Third Quarter Review of Annual Monetary Policy for the Year 2007-08

Review consists of three sections: I. Assessment of Macroeconomic and Monetary Developments; II. Stance of Monetary Policy; and III. Monetary Measures. An analytical profile of macroeconomic a...

by Y V Reddy | On 30 Jan 2008

Macro-economic Management of the Indian Economy: Capital Flows, Interest Rates and Inflation

The paper lays out a consistent frame work for monetary management in the context of excess capital inflows. There is an urgent need for developing competitive, open and well regulated markets for (...

by Arvind Virmani | On 24 Jan 2008

Management of the Capital Account in India: Some Perspectives

Management of capital accounts in the global context and in the Indian context. [Inaugural address delivered by Dr. Y. V. Reddy, Governor, Reserve Bank of India at the Annual Conference of the Indian...

by Y V Reddy | On 08 Jan 2008

National Human Development Report 2001

The process of development, in any society, should ideally be viewed and assessed in terms of what it does for an average individual.For any approach or development framework to be meaningful and effe...

by Planning Commission, India | On 28 Nov 2007

Fasten Your Seatbelts! Monetary Policy Challenges in Turbulent Times

One of the burning issues at the moment relates to increasing the “voice” or representation of emerging-market economies in international financial institutions such as the IMF and World Bank. There a...

by Mboweni T.T. | On 13 Nov 2007

Monetary Conditions Index for India

The authors attempt to construct a monetary conditions index (MCI) for India in order to take both interest rate and exchange rate channels simultaneously into consideration while evaluating the stanc...

by Kannan R | On 08 Nov 2007

Recent Financial Market Developments and Implications for Monetary Policy

The nature of the financial turbulence that happened recently in US and Europe, why it happened, where it happened, and the implications for central banks. Some of the forces that led up to and charac...

by Rakesh Mohan | On 12 Oct 2007

Elements of Effective Central Banking: Theory, Practice, and History

The key elements of effective central banking that account for much of the improvement in monetary policy around the world today are outlined and explained. The past quarter of the century has been a...

by Marvin Goodfriend | On 09 Oct 2007

Interactive Workshop on Qualitative Research: From Data Collection to Data Presentation

Hands-on training in qualitative research in the context of health, nutrition and development. The training included all major steps in qualitative research: deciding objectives, designing tools, data...

by Shubhada Kanani | On 28 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

Demand and Supply Factors in the Determination of India's Disaggragated Manufactured Exports: A Simultaneous Error-Correction Approach

An investigation of the demand and supply factors underlying the long-term behaviour of India’s disaggregated manufactured exports. An imperfect substitutes demand-supply model of export determination...

by Saikat Sinha Roy | On 20 Aug 2007

First Quarter Review of Monetary Policy: Underlying Macroeconomics

An overview of domestic and global macroeconomic developments [Valedictory address at the High Powered Macroeconomic Workshop organised by the State Bank of India].

by Rakesh Mohan | 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

First Quarter Review of the Annual Policy Statement on Monetary Policy for the Year 2007-08

*Bank Rate kept unchanged *Cash Reserve Ratio to be increased by 50 basis points to 7.0 per cent with effect from the fortnight beginning August 4, 2007 *GDP growth projection for 2007-08...

by Y V Reddy | On 31 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

Last Chance to Save the Planet! IPCC Report and After

The message from the IPCC Reports is simple: climate change must be tackled immediately in order to save the planet. And it will not cost the earth to do so. In the months to come all nations will be...

by D. Raghunandan | On 11 Jun 2007

Three Essays on the Economics and Finance of Terrorism

Aa framework for the analytical treatment of terrorist problems is suggested and then brings out the importance of financial and socio-economic factors. The framework classifies the various causes of...

by Siddhartha Mitra | On 31 May 2007

What Are The Roles And Reponsibilities Of The Media In Disseminating Health Information?

In December 2004 three news stories in the popular press suggested that the side effects of single-dose nevirapine, which has been proven to prevent mother-to-child transmission of HIV, had been cove...

by Gary Schwitzer | On 22 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

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

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

Causality and Error Correction in Markov Chain: Inflation in India Revisited

The present paper proposes certain statistical tests, both conceptually simple and computationally easy, for analysing state-specific prima facie probabilistic causality and error correction mechani...

by N. Vijayamohanan Pillai | On 19 Dec 2006

Gender Disaggregated Analysis of South Gujarat Tribals: Role of Social Capital in Human Development

This paper, based on ‘capabilities’ approach, analyses the ‘development outcomes’ forf ‘tribals’ of rural south Gujarat and examines the relative roles of physical, human and social capital within a...

by Arti Nanavati | On 26 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

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

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

Democracy and People’s Rights in the Neo-Liberal Era: Role of Judiciary

The recent judgments and orders from various levels of higher judiciary indicate a drastic shift in their outlook and approach. A close look reveals two trends developing within the judiciary. Firstly...

by M.B.Rajesh | On 31 Mar 2006

Health Inequalities, Social Cohesion and Social Capital: An Exploration

This paper claims that the roots and remedies of health inequalities reflected in the major academic debates that culminated with full force towards the turn of the last century, have done little to u...

by Vijay Kumar Yadavendu | 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

Macroeconomic and Monetary Developments: Third Quarter Review, 2005-06

The robust performance of the Indian economy continued during the second quarter (July-September) of 2005-06. According to the Central Statistical Organisation (CSO), the economy recorded a real GDP...

by Reserve Bank of India | On 02 Feb 2006

The Determinants of Mortality

Mortality rates have fallen dramatically over time, starting in a few countries in the 18th century, and continuing to fall today. In just the past century, life expectancy has increased by over 30 ye...

by David M. Cutler | On 01 Feb 2006

The Social Cost of Foreign Exchange Reserves

There has been a very rapid rise since the early 1990s in foreign reserves held by developing countries. These reserves have climbed to almost 30 percent of developing countries' GDP and 8 months of i...

by Dani Rodrik | On 27 Jan 2006

Real Sector Shocks and Monetary Policy Responses in a in a financially vulnerable Emerging Economy

When analyzing the appropriate response for monetary policy during a currency crisis it is important to keep in mind two distinct channels: (a) the impact of raising interest rates on exchange rates...

by Ramkishen S. Rajan | On 27 Jan 2006

Macroeconomic and Monetary Developments: Third Quarter Review 2005-06

Contents I. The Real Economy -- 1 Agricultural Situation Industrial Performance Business Expectations Surveys Services Sector II. Fiscal Situation 14 Combined Government Fi...

by Reserve Bank of India | On 25 Jan 2006

Inflation Targeting Arrangements in Asia: Exploring the rate of the Exchange rate

Since the Asian crisis it has been recognized that exchange rate and monetary policy strategies must involve a “fairly high” element of flexibility rather than a single-minded defense of a particular...

by Ramkishen S. Rajan | On 19 Jan 2006

Taking Stock of Monetary and Financial Regionalism in Asia

Lecture at RIS, New Delhi December 2005

by Ramkishen S. Rajan | On 12 Jan 2006

FEER December 2005

Weijian Shan, economist and avid private equity investor, exposes the shortcomings of China’s stock markets and examines the failed attempts by the government to introduce meaningful stock-market ref...

by Far Eastern Economic Review | On 07 Jan 2006

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

I G.Patel: Qua Economist and Policy Maker

In tribute, a brief note on the rich intellectual trajectory described by I. G. Patel

by Deena Khatkhate | On 28 Sep 2005

LIBERATION September 2005

Editorial:Minimum Employment at Less than Minimum Wages commentary: Dancing with the US Devil. Nanavati Commission Report: Getting Away With Murder EC Must Deter Criminals, and not Disenfranchise...

by CPI (ML) | On 03 Sep 2005

The IMF in a World of Private Capital Markets

The IMF attempts to stabilize private capital flows to emerging markets by providing public monitoring and emergency finance. In analyzing its role we contrast cases where banks and bondholders do the...

by Barry Eichengreen | On 05 Aug 2005