•  
Main Banner Image
Macroeconomics

Why next-generation economic reforms are crucial for reviving investment

  • Articles

High public debt in India: 9 stylised facts

The Covid-induced surge in public debt in India was unique compared to its own history, but also bigger and driven by different factors relative to the average emerging market economy. In this post, M...

  • Perspectives

Uneven resilience: Why some emerging markets better navigate US monetary policy cycles

As the US dollar and monetary policy continue to have a significant impact on global financial dynamics, some emerging markets are observed to be more resilient than others to the policy cycles. Analy...

  • Articles

Budget 2021-22: A political economy perspective

Examining the 2021-22 Union Budget with a political economy lens, Yamini Aiyar contends that the policy choices reflects Government of India’s propensity to centralise rather than to devolve, and a ...

  • Perspectives
451 posts
Refine list by:
--Please Select--
--Please Select--

How foreign inflows impact Indian manufacturing firms

In the past few decades, India has emerged as one of the preferred destinations for foreign investors, with the manufacturing sector receiving a substantial proportion of total capital inflows coming...

  • Articles

Three cheers (not) for Jaitapur

During French President Hollande’s ongoing visit to India, India and France are expected to announce that they are going to enter into an agreement to import six nuclear reactors marketed by the Fr...

  • Perspectives

West Bengal from an external perspective

The once prosperous, industrialised state of West Bengal is now lagging behind all-India average figures in both economic and social indicators. In this article, Ashok Lahiri, former Chief Economic A...

  • Perspectives

Labour rationing and forced entrepreneurship in village India

When individuals are rationed out of the labour market, this not just decreases welfare but can also create labour misallocation as rationed workers may turn to less-productive self-employment activit...

  • IGC Research on India

How US interest rates influence the world economy

For the first time in nearly a decade, the US Federal Reserve has raised its benchmark interest rate by 0.25 percentage points. In this article, Eswar Prasad, the Tolani Senior Professor of Trade and...

  • Perspectives

Boom and Bust: Institutional causes of India's growth slowdown in 2011

The slowdown in India’s growth in 2011 is generally attributed to the global financial crisis and domestic policy paralysis. In this article, Kunal Sen argues that the high growth rates in the 2000...

  • Perspectives

Elephant vs. Dragon: Growth and development

The Indian economy expanded by 7.4% during July-September 2015, as compared to China’s growth rate of 6.9% over the same period. In this article, Mahendra Dev, Vice Chancellor of IGIDR, examines th...

  • Perspectives

Tolerance and respect for economic progress

In his recent speech at IIT Delhi, RBI Governor Raghuram Rajan contends that ideas are the key to economic growth. The two essentials to keep the ideas factory open are to foster competition in the m...

  • Perspectives

China's fitful economic reforms

Last week, IMF elevated China’s yuan to the status of a global reserve currency. In this article, Eswar Prasad, the Tolani Senior Professor of Trade Policy at Cornell University, contends that the ...

  • Perspectives

India, China and growth forecasts

The World Bank and IMF have predicted that India’s growth rate would overtake that of China in 2015-16. In this article, Kaushik Basu, Senior Vice President and Chief Economist at the World Bank, co...

  • Perspectives

Monetary dimensions of the recent Indian inflationary experience

Inflation in India remained at or near double-digit levels between 2009-10 and 2014-15. In this article, Pronab Sen, Country Director, IGC India Central, argues that while the initiation of the infla...

  • Perspectives

Productivity and competition in India’s brick industry

Firm productivity has long been considered a key driver of economic growth. Yet there is little understanding of why the competition and innovation that fuels productivity growth in the developed worl...

  • IGC Research on India

Recent Contributors

Shishir

Shishir Gupta

Centre for Social and Economic Progress (CSEP)

Rishita

Rishita Sachdeva

Centre for Social and Economic Progress (CSEP)

Kishan

Kishan Narayan

Northeastern University

Rajeswari

Rajeswari Sengupta

Indira Gandhi Institute of Development Research

Prachi

Prachi Mishra

Ashoka University

Nikhil

Nikhil Patel

International Monetary Fund

Joshua

Joshua Aizenman

University of Southern California

Gazi Salah

Gazi Salah Uddin

Linköping University, Sweden

View all Contributors

Most 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...

  • 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...

  • Perspectives

Understanding the dynamics of the rupee-dollar exchange rate

Since 1993, the Indian rupee (INR) has officially been following a market-determined exchange rate – price is determined by demand for and supply of foreign exchange – with intervention by the Res...

  • Perspectives