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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 rate...

  • Articles

Meeting the renewable revolution: A roadmap for electricity market design in India

The Indian power system has transitioned over the last two decades from being solely government-owned, to one characterised by increasing private ownership of assets, independent regulation, and marke...

  • IGC Research on India

Building institutional capacity for rural sanitation in Uttar Pradesh

Uttar Pradesh, India’s most populous state with about 200 million people, has historically not performed well on sanitation. In this article, Mariappa Kullappa of the World Bank Water Global Practice ...

  • Notes from the Field

Good monsoon, bad test scores? Substituting away from schooling

Good monsoons in India raise agricultural productivity and hence, bring added work and higher wages. Is this extra work at the expense of schooling for poor children? This column finds that increased ...

  • Articles

Are farm loan waivers really so bad?

Recent announcements by various state governments of their intent to waive farm loans to varying extents have been strongly criticised by the media and other commentators. In this article, Dr Pronab S...

  • Perspectives

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

Using drones for social sector research

While drones have historically been used in military operations, their application for peaceful purposes has risen steeply in recent years. In this note, representatives from Outline India - a resear...

  • Notes from the Field

Understanding livelihood resilience in Bihar

This column develops a livelihood resilience index including three key components – bio-physical, economic, and social resources – and estimates the index for districts in the state of Bihar.

  • Articles

The demographic impact of extended paid maternity leave in Bangladesh

In March 2017, Indian Parliament passed the Maternity Benefit (Amendment) Bill, 2016 extending paid maternity leave to 26 weeks. This column analyses the impact of extension of paid maternity leave i...

  • 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

Zika virus: Is it a potential threat to India?

The WHO recently reported the first three laboratory-confirmed cases of Zika virus disease in India – all in the state of Gujarat. In this article, public health consultant Kaushik Bharati discusses t...

  • Perspectives

Bank financing of stressed firms

There is anecdotal evidence that banks in India have been extending credit to highly distressed firms. By delaying recognition of bad loans, banks may improve their own profitability in the short run...

  • Articles