Main Banner Image
Macroeconomics

Demand-side components of India’s GDP growth

As per the recently released first advance estimates of the Central Statistics Office, the real GDP growth for India is estimated at 6.5% in 2017-18, the slowest in the last four years. In this articl...

  • Perspectives

Monkeying with the rupee

In this article, Debraj Ray discusses the sharp depreciation of the rupee and the ongoing outflow of foreign capital from India. Further, he refutes claims that the costs associated with the Food Sec...

  • Perspectives

Labour market effects of workfare programmes: Evidence from MNREGA

India’s Mahatma Gandhi National Rural Employment Guarantee (MNREGA), the world’s largest workfare programme, provided employment to 51 million households in 2016. Assessing the impact of MNREGA on...

  • Articles
Refine list by:
--Please Select--
--Please Select--

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...

  • 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...

  • Articles

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...

  • 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...

  • 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...

  • 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...

  • 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.

  • Perspectives

Highway network designs and regional economic development

The Indian National Highway Development Project and its components such as the Golden Quadrilateral or the North-South and East-West corridors are planned to alleviate constraints due to insufficient...

  • Articles

Community origins of industrial entrepreneurship: Theory and historical evidence from India

The transition from agriculture to trade and the subsequent transition from trade to manufacturing are key stages in the development process. In countries where a substantial manufacturing sector exis...

  • IGC Research on India

Infrastructure and economic growth: The role of airports

Given that banking sectors in low-income countries are inefficient, why don’t lenders from wealthier countries profitably lend to productive firms in these countries? One possibility is that foreign...

  • IGC Research on India

On India's latest GDP numbers

India’s latest GDP data shows that the economy grew at 7% in the previous quarter, despite demonetisation. In this article, Abhijit Banerjee discusses why the new numbers are likely to be an overest...

  • Perspectives

The dangers that lie beneath India's IT layoffs?

The ongoing layoffs in India’s IT sector are at a scale that has not been seen since the global financial crisis of 2008. In this article, Maitreesh Ghatak, Professor of Economics at LSE, contends t...

  • Articles

Recent Contributors

Subhashis

Subhashis Banerjee

Indian Institute of Technology Delhi

Subodh V.

Subodh V. Sharma

Indian Institute of Technology Delhi

Pronab

Pronab Sen

IGC India

Guilhem

Guilhem Cassan

University of Namur

Lore

Lore Vandewalle

GIIDS, Geneva

Alok

Alok Kumar

University of Victoria

Nalini

Nalini Gulati

Managing Editor, I4I

Vikas

Vikas Dimble

Content Editor, I4I

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

I4I Panel Discussion: The challenge of job creation

In a recent I4I editorial, Ashok Kotwal described the challenge of job creation that is facing the Indian economy today. In December 2017, Prof. Kotwal moderated a panel discussion on the topic betwe...

  • Videos