Economic development of Punjab: Prospects and policies
While the north Indian state of Punjab topped per-capita income rankings within the country until year 2000, its position fell consistently thereafter. This article discusses the current state of Punj...
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Lakhwinder Singh
Nirvikar Singh
Prakarsh Singh
17 July, 2024
- Perspectives
Food, fuel, and facts: Distributional effects of global price shocks
The recent upsurge in global prices of essential commodities of food and fuel, warrants an analysis of the distributional ramifications, especially within developing economies. This article examines I...
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Saroj Bhattarai
Arpita Chatterjee
Gautham Udapa
20 June, 2024
- Articles
What will it take for the Indian economy to break out of the lower-middle-income bracket?
In 2007, India moved from the low-income to lower-middle-income category, as per the World Bank’s classification of countries by income. With clear aspirations to graduate into the higher brackets o...
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Vikas Dimble
Nalini Gulati
12 June, 2024
- Perspectives
Purchasing power parity: Some concerns
In this article, Dr Gurbachan Singh discusses how it may be problematic to make international comparisons using PPP that is based on observed prices, and why effective prices should be used instead.
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Gurbachan Singh
04 October, 2017
- Articles
Stock market participation in the aftermath of an accounting scandal
An emerging literature shows that exposure of fraud in the corporate sector leads to a fall in trust on part of households and decline in their stock market participation. Analysing data on daily inv...
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Renuka Sane
30 August, 2017
- Articles
Assessing the effectiveness of active labour market programmes in developing countries
Job growth is a key policy concern across developing countries and there are been an increased interest in the role of active labour market programmes that provide vocational training to job-seekers, ...
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David McKenzie
14 August, 2017
- Perspectives
What does the new IIP series tell us about the state of manufacturing in India?
In May 2017, the Central Statistics Office released the new series of the Index of Industrial Production with 2011-12 as the base year, after a comprehensive revision of computation methods. The serie...
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Radhika Pandey
Amey Sapre
Pramod Sinha
02 August, 2017
- Articles
The economic and political consequences of India's demonetisation
The ruling party at the centre won the Uttar Pradesh state election despite its demonetisation policy having some negative economic impacts on the Indian economy. By combining primary data from survey...
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Abhijit Banerjee
Namrata Kala
26 July, 2017
- Articles
How much public debt is too little?
Virtually the entire literature on public debt is focussed on determining how much is too much, beyond which it becomes a systemic threat to the economy. In this article, Pronab Sen outlines some of t...
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Pronab Sen
16 July, 2017
- Perspectives
Changes in the nature of female workforce participation in India
Declining female workforce participation in India is a matter of grave concern, and a puzzle in the face of increased overall economic growth. This column shows that although the proportion of working...
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P.C. Mohanan
14 July, 2017
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Should emerging markets worry about US monetary policy announcements?
Emerging economies are routinely affected by monetary policy announcements in the US. This column finds that US monetary policy surprises have a significant impact on emerging economies’ exchange ra...
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Poonam Gupta
Oliver Masetti
David Rosenblatt
03 July, 2017
- Articles
Economic benefits of transportation infrastructure: Historical evidence from India and America
Significant public finance is devoted to transportation infrastructure, the economic benefits of which are often unclear. This column analyses two major railroad projects in India and US in the 19th c...
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Dave Donaldson
21 June, 2017
- Articles
Impact of disinvestment policy on public sector enterprises in India
To address operational inefficiencies in PSEs without comprising on their social objectives, disinvestment policy is often used. However, there are concerns regarding the extent of impact on firm per...
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Ritika Jain
12 June, 2017
- Articles
How the American Dream led to India's IT boom
In the context of the ongoing global debate on migration policies, this column shows that the H-1B visa programme of the US had a powerful impact on the US IT sector, and played a prominent role in sp...
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Gaurav Khanna
Nicolas Morales
29 May, 2017
- Articles
When windmills tilt: The FRBM debate
In this article, Dr Pronab Sen presents his views on the ongoing debate on the Fiscal Responsibility and Budget Management Act.
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Pronab Sen
08 May, 2017
- Perspectives
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Tweets by Ideas4IndiaMost Popular Macroeconomics Posts
Land in India: Market price vs. fundamental value
The Real Estate (Regulation and Development) Bill, 2015, is focused on protecting the few home buyers who can afford to buy homes but does not address the issue of high land prices, which is a very se...
Gurbachan Singh
29 February, 2016
- Articles
Land records and titles in India
Land ownership is broadly determined by access to a land title, which protects the rights of the title-holder, and impacts livelihoods, and industrial, economic, and social growth. However, land title...
Prachee Mishra
Roopal Suhag
20 November, 2017
- Perspectives
West Bengal’s economic performance relative to India over the last three decades
Against the backdrop of the ongoing elections in West Bengal, Maitreesh Ghatak examines how the state’s economic performance compares with that of the country as a whole, over the past three decades...
Maitreesh Ghatak
01 May, 2021
- Articles