Tag Search: “growth”

A symposium on Piketty - I: Nit-Piketty

In this part of the series on Piketty, Debraj Ray, Professor of Economics, New York University, attempts to clear the confusion caused by the theoretical discussion in Piketty’s book.

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Private investment and income disparity across Indian states

Liberalisation reforms in India in the 1990s offered private investors the freedom to choose their investment location in the country. This column finds that income disparity across low-income states...

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Where is India's growth story headed?

The global financial crisis and domestic policy paralysis led to a decline in firms’ investment activities and investors’ business confidence in India. Could this have affected the economy’s long-ter...

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Assessing the economic effects of India 'Looking East'

PM Modi recently said that India needs to move from ‘Look East’ to ‘Act East’ and that this is a key component of his government’s foreign policy. In this article, Ganeshan Wignaraja, an economist at...

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Transit networks and regional development in India

Recent research illustrates the immediate positive effects of transit networks in India on rural employment, manufacturing growth and so on. This column focuses on the long-term impact of national hi...

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Will India really grow faster than China?

According to the IMF, India will overtake China to be the fastest growing economy this year. In this article, Chetan Ghate and Peter Robertson assess the validity of this claim. In their view, the ch...

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Why the World Bank's International Comparison Program has limited use for India

Preliminary results from the World Bank’s International Comparison Program, which seeks to compare the economies of 199 countries across the globe, were released recently. In this article, Ranjan Ray...

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Three concerns about AAP's promise

The Aam Aadmi Party (AAP) has come to power in Delhi with a historic mandate. In this article, V Ramani, Partner at Access Advisory and former bureaucrat, flags three key concerns around their approa...

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'Cry, the Beloved Country': Mending Punjab's economy

The growth rate of Punjab, which once ranked among India’s most affluent states, is slowing. In this article, Nirvikar Singh, who holds the Sarbjit Singh Aurora Chair of Sikh and Punjabi Studies at U...

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Financing India's infrastructure growth

Interest rates in the developed economies are still at very low levels, while investors are looking for high and stable returns for their money. This article outlines an innovative proposal for finan...

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India's macroeconomic outlook

With falling inflation, high forex reserves and the new government embarking on a broad reform agenda, things seem to be looking up for India. In this article, Eswar Prasad shares his macroeconomic o...

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Can services be a growth escalator in low-income countries?

Just like the East Asian Tigers, the Lions of Africa are now growing much faster than the developed economies. However, this column shows that the growth escalators in Africa are different than in Ea...

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