Tag Search: “growth”

What explains policy change? Understanding the historical political economy of India

Drawing on insights from his new book, ‘History of Economic Policy in India’, Rahul De frames policy change as precipitating through three circumstances: crisis, coalitions, and contingency. He uses h...

  • Perspectives

Robert Solow and the ‘Wealth of Nations’

In a tribute to Robert Solow, I4I’s Editor-in-Chief Parikshit Ghosh outlines some of the late Nobel Laureate’s contributions to macroeconomics, and uses examples and metaphors for the economy to expla...

  • Perspectives

Second Ashok Kotwal Memorial Lecture: Inequality, Labour and Social Democracy

The Ashok Kotwal Memorial Lecture was instituted in 2022, in memory of our founding Editor-in-Chief, as an annual lecture on key issues of development. For its second edition, I4I hosted Professor Pra...

  • Videos

Assessing gender disparities in entrepreneurship and employment in India

Economic growth depends on successful utilisation of the entire workforce. Ejaz Ghani argues that gender equality is not only a key pillar of human rights, but could be a powerful tool for sustaining ...

  • Perspectives

Ashok Kotwal Memorial Lecture: Pranab Bardhan on 'Inequality, Labour & Social Democracy'

We invite you to join us on 30 November, 2023, for the second edition of I4I’s annual Ashok Kotwal Memorial Lecture. This year, the lecture will be delivered by Prof. Pranab K. Bardhan, who will conce...

  • Editors Corner

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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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...

  • 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...

  • 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...

  • 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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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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