Tag Search: “growth”
Focussing on inequality of opportunity to sustain India’s growth
India has seen a four-fold increase in average incomes since 1990, which has reduced the share of the population living in absolute poverty from 45% to 20%. Yet, there are large and widening inequalit...
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Sriram Balasubramanian
Rishabh Kumar
Prakash Loungani
12 July, 2021
- Articles
A decade of credit collapse in India
The government and the Central Bank have undertaken various measures to protect the banking and finance sector from the adverse impact of the Covid-19 crisis. However, despite historically low interes...
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Harsh Vardhan
25 June, 2021
- Perspectives
India’s service-led economic growth
Structural transformation that involves a shift from agriculture straight to services, is a cause of concern to many scholars as an expanding service sector might be a pale substitute to technical pro...
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Tianyu Fan
Michael Peters
Fabrizio Zilibotti
18 June, 2021
- Articles
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. ...
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Maitreesh Ghatak
01 May, 2021
- Articles
Growth in India: Narratives and evidence
There are various narratives on the trajectory of India’s economic growth, and its key determining factors. This article analyses the recently released GDP data series at 2011-12 prices, extending bac...
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Pulapre Balakrishnan
Mausumi Das
M. Parameswaran
15 April, 2021
- Perspectives
De-globalisation driven by global crises
Concerns associated with the Covid-19 pandemic have led to new rationales of protectionism, with renewed emphasis on domestic production and sourcing. In this post, Assaf Razin compares the current ec...
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Assaf Razin
30 March, 2021
- Perspectives
A world of no lockdowns: The case of South Korea and Sweden
While most of the world was under lockdown during the Covid-19 pandemic of 2020, two countries, Sweden and South Korea, decided to keep their economies open. In this post, Bhatia et al. use a metric o...
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Shritanjay Bhatia
Julia Brockley
Nikita Navaneeth
Utkarsh Sikka
Isha Trivedi
Sanna Uppal
15 March, 2021
- Perspectives
‘Outside’ managers’ productivity, firm dynamics, and economy growth
In developed countries, many industrial giants have humble beginnings as small, family-owned businesses, but nonetheless expand to hundreds of thousands of employees over time by relying on professio...
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Ufuk Akcigit
Harun Alp
Michael Peters
26 February, 2021
- Articles
Budget 2021-22: A passing grade
Assessing the 2021-22 Union Budget, Bhaskar Dutta argues that while there are several positive features, the overall thrust is disappointing because it does not address the needs of the poor.
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Bhaskar Dutta
09 February, 2021
- Perspectives
Budget 2021-22: A macroeconomic overview
Providing a macroeconomic overview of the Union Budget 2021-22, Niranjan Rajadhyaksha and Sharmadha Srinivasan contend that it is based on realistic assumptions of nominal GDP growth, is reasonably ai...
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Niranjan Rajadhyaksha
Sharmadha Srinivasan
08 February, 2021
- Perspectives
Budget 2021-22: Over-reliance on infrastructure investment to spur growth?
Commenting on the strong infrastructure push in the 2021-22 Budget, Sarmistha Pal argues that an emphasis on investment in infrastructure may not necessarily bring India out of the current economic re...
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Sarmistha Pal
05 February, 2021
- Perspectives
An assessment of policy performance under the current regime
Commenting on the recent policy paper by Subramanian-Felman, Maitreesh Ghatak discusses why – looking at the same numbers – he would tend to be less generous in his grades for the performance of polic...
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Maitreesh Ghatak
01 February, 2021
- Perspectives