Tag Search: “growth”
Forecasting long-run Indian GDP using high-dimensional big data
This article describes an attempt to forecast of India's long-run GDP, which uses using quarterly data on macroeconomic variables from 1996-2021, and a dynamic factor model to establish long-run trend...
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Debajit Jha
Naveen Kumar
Dibyendu Maiti
06 September, 2023
- Articles
Growing threats to global trade
After an era of hyperglobalisation in the 1990s, there has been a clear change in policy and public attitude toward global trade. This article looks at the recent backlash against globalisation and th...
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Pinelopi Koujianou Goldberg
Tristan Reed
29 August, 2023
- Perspectives
Keeping development at the forefront of India’s long-term climate strategy
India’s Long Term Low Emissions Development Strategy (LT-LEDS) sets out multiple low-carbon transitions, highlighting that climate action will be intimately tied to developmental processes. In this ar...
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Parth Bhatia
Mandakini Chandra
Navroz K. Dubash
Aman Srivastava
05 June, 2023
- Perspectives
UPI: A game changer towards achieving a cashless economy
Since the launch of the Unified Payment Interface (UPI), the volume of digital transactions in India has increased exponentially over the last few years. Shamim Ara highlights the trends in the expans...
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Shamim Ara
22 May, 2023
- Perspectives
The post-pandemic credit landscape in India
The economic shock caused by the Covid-19 pandemic and longstanding structural issues like the NPA crisis with its associated risk aversion in the banking sector resulted in low bank credit growth in...
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Rajeswari Sengupta
Harsh Vardhan
08 May, 2023
- Articles
Implicit costs of factor allocation for Indian firms
Looking at variations in factor misallocation across states, Chaurey et al. measure trends in factor adjustment costs incurred by firms between 1999 and 2014. They find that adjustment costs for labou...
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Formalisation of informal manufacturing enterprises in India
Employment in India’s organised manufacturing sector has grown rapidly since 2004. This article finds that about 15% of this growth can be attributed to the formalisation of previously informal enterp...
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Bishwanath Goldar
01 March, 2023
- Articles
Budget 2023-24: Fiscally conservative but lacking economic strategy
The Indian economy’s recovery from the Covid-19 pandemic has not been all good news: employment creation has stagnated, and government capex allocation has not been successful in generating private se...
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Rajeswari Sengupta
27 February, 2023
- Perspectives
Pre-election Budget 2023-24: Short on extravagance, long on substance
The Union Budget presented earlier this month was the last full-year budget before next year's general elections. Rajat Kathuria looks back to India's economic performance in 2014 and suggests that th...
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Rajat Kathuria
22 February, 2023
- Perspectives
I4I@10 | Emerging from Covid-19: Challenges and solutions
As India emerges from the Covid-19 pandemic, economists will have to rethink how they understand the Indian economy in context of global volatilities. In this panel, moderated by Amartya Lahiri, Viral...
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Viral Acharya
Yamini Aiyar
Amartya Lahiri
Pronab Sen
I4I Team
10 February, 2023
- Videos
Budget 2023-24: Some good and no harm
Following the budget speech, Deepak Mishra weighs in on the extent to which the three goals of higher growth, better distribution, and stability were met. He discusses the Finance Minister’s success i...
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Deepak Mishra
03 February, 2023
- Perspectives
I4I@10 | First Ashok Kotwal Memorial Lecture: The future of development
What is the 'fourth' fundamental law of capitalism? Will capital ‘inherit the earth’? Has the pandemic quickened the intuitive appeal of the capital-labour substitution? Should sovereign funds be base...
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Debraj Ray
I4I Team
30 January, 2023
- Videos