Author/Editor: Arvind Virmani.

Release Date: July, 2012

The paper reviews and draws lessons from the experience of fast growing economies including a sub-set of these termed High Growth Economies (HGEs) with a decadal rate of over 7 per cent. It then more...

Author/Editor: Shawn Cole, Xavier Gine, Jeremy Tobacman, Petia Topalova, Robert M. Townsend, James Ian Vickery.

Release Date: July, 2012

Why do many households remain exposed to large exogenous sources of non-systematic income risk? We use a series of randomized field experiments in rural India to test the importance of price and more...

Author/Editor: James P Walsh, Jiangyan Yu.

Release Date: June, 2012

There is an extensive literature noting that high inflation can add to income inequality, and a parallel literature assessing the effect of rising food prices on the poor. This paper attempts to more...

Author/Editor: Michael Debabrata Patra, Muneesh Kapur.

Release Date: May, 2012

This paper empirically evaluates the operational performance of the McCallum rule, the Taylor rule and hybrid rules in India over the period 1996-2011 using quarterly data, with a view to more...

Release Date: April, 2012

Author/Editor: Kiichi Tokuoka.

Release Date: March, 2012

Since the global financial crisis, corporate investment has been weak in India. Sluggish corporate investment would not only moderate growth from the demand side but also constrain growth from the more...

Author/Editor: Nkunde Mwase, Yongzheng Yang.

Release Date: March, 2012

Flows of development financing from the BRICs (Brazil, Russia, India, and China) to low income countries (LICs) have surged in recent years. Unlike aid from traditional donors, BRICs (excluding more...

Author/Editor: Ding Ding, Iyabo Masha.

Release Date: February, 2012

This study investigates the role of India's economy in explaining the observed growth in South Asia, taking into consideration other sources of growth endogenous to the countries in the region. Since more...

Author/Editor: Nkunde Mwase.

Release Date: November, 2011

BRICs development financing flows have increased significantly and are expected to become more prominent in the post-crisis era. We investigate the potential implications on the country-allocation of more...

Author/Editor: Issouf Samaké, Yongzheng Yang.

Release Date: November, 2011

Trade and financial ties between low-income countries (LICs) and Brazil, Russia, India, and China (BRICs) have expanded rapidly in recent years. This gives rise to the potential for growth to spill more...

Author/Editor: Chanho Park, Jiangyan Yu, James P Walsh.

Release Date: August, 2011

Driving infrastructure development, notably mobilizing financial resources for infrastructure projects, has been challenging in many countries. This study includes two parts: an empirical analysis of more...

Author/Editor: Danish A Hashim, Arvind Virmani.

Release Date: July, 2011

Most estimates of Indian manufacturing productivity find a slowdown in the 1990s. This has puzzled analysts, given that 1990s reforms were deeper and wider than the 1980s reforms that raised the more...

Author/Editor: Montfort Mlachila, Misa Takebe.

Release Date: July, 2011

Despite the rapid increase in FDI flows to LICs, there have been relatively few studies that have specifically examined these flows. This paper attempts to partially fill the void by throwing light more...

Author/Editor: Poonam Gupta, Kalpana Kochhar, Sanjaya Panth.

Release Date: March, 2011

Do financial sector reforms necessarily result in expansion of credit to the private sector? How does bank ownership affect the availability of credit to the private sector? Empirical evidence is more...

Release Date: February, 2011

Author/Editor: Shekhar Aiyar, Ashoka Mody.

Release Date: February, 2011

Large cohorts of young adults are poised to add to the working-age population of developing economies. Despite much interest in the consequent growth dividend, the size and circumstances of the more...

Release Date: January, 2011

Author/Editor: Ila Patnaik, Ajay Shah.

Release Date: January, 2011

India embarked on reintegration with the world economy in the early 1990s. At first, a certain limited opening took place emphasising equity flows by certain kinds of foreign investors. This opening more...

Author/Editor: Ashoka Mody, Anusha Nath, Michael Walton.

Release Date: January, 2011

Some see India’s corporate sector as the fundamental driver of recent and future prosperity. Others see it as a source of excessive market power, personal enrichment, and influence over the more...

Author/Editor: Ila Patnaik, Ajay Shah, Rudrani Bhattacharya.

Release Date: December, 2010

In the literature on exports and investment, most productive firms are seen to invest abroad. In the Helpman et al. (2004) model, costs of transportation play a critical role in the decision about more...