Tag Search: “growth”

The intergenerational mortality tradeoff of Covid-19 lockdown policies

The introduction of lockdown policies to contain the transmission of Covid-19 led to a debate on what type of lockdowns were warranted, and whether the benefits justified the accompanying economic con...

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Balancing economic development and climate goals

Although India is on track to meet its target under the Paris Climate Agreement, the fast pace of urbanisation could worsen the problem of climate change. In this post, Ejaz Ghani outlines the policy ...

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Spatial disparities in household earnings in India

The per-capita state domestic product of Haryana (India’s richest state) was 5.6 times that of Bihar (poorest state) in 2017-18, up from 3.8 in 1996-97. Differences in urbanisation levels and inabilit...

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Under the thumb of history?

In June 2021, Nobel Laureate Abhijit Banerjee (Ford Foundation International Professor of Economics, MIT) delivered the inaugural Shaibal Gupta Memorial Lecture organised by Asian Development Research...

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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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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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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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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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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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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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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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‘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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