Tag Search: “growth”
Fiscal deficit and growth slowdown
Ahead of the Union Budget, several policymakers and economists in India have advocated increasing public spending to spur economic growth. In this article, Gurbachan Singh argues that even if India is...
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Gurbachan Singh
17 February, 2016
- Perspectives
A conversation on development - I
Parikshit Ghosh (Member of the I4I Editorial Board & Associate Professor of Economics, Delhi School of Economics) speaks with Kaushik Basu (Chief Economist and Senior Vice President, World Bank and fo...
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Kaushik Basu
Parikshit Ghosh
03 February, 2016
- Perspectives
West Bengal from an external perspective
The once prosperous, industrialised state of West Bengal is now lagging behind all-India average figures in both economic and social indicators. In this article, Ashok Lahiri, former Chief Economic A...
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Ashok Lahiri
04 January, 2016
- Perspectives
How US interest rates influence the world economy
For the first time in nearly a decade, the US Federal Reserve has raised its benchmark interest rate by 0.25 percentage points. In this article, Eswar Prasad, the Tolani Senior Professor of Trade and...
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Eswar Prasad
23 December, 2015
- Perspectives
Boom and Bust: Institutional causes of India's growth slowdown in 2011
The slowdown in India’s growth in 2011 is generally attributed to the global financial crisis and domestic policy paralysis. In this article, Kunal Sen argues that the high growth rates in the 2000s ...
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Kunal Sen
22 December, 2015
- Perspectives
Elephant vs. Dragon: Growth and development
The Indian economy expanded by 7.4% during July-September 2015, as compared to China’s growth rate of 6.9% over the same period. In this article, Mahendra Dev, Vice Chancellor of IGIDR, examines the ...
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Mahendra Dev
11 December, 2015
- Perspectives
Tolerance and respect for economic progress
In his recent speech at IIT Delhi, RBI Governor Raghuram Rajan contends that ideas are the key to economic growth. The two essentials to keep the ideas factory open are to foster competition in the m...
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Raghuram Rajan
08 December, 2015
- Perspectives
China's fitful economic reforms
Last week, IMF elevated China’s yuan to the status of a global reserve currency. In this article, Eswar Prasad, the Tolani Senior Professor of Trade Policy at Cornell University, contends that the fu...
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Eswar Prasad
07 December, 2015
- Perspectives
India, China and growth forecasts
The World Bank and IMF have predicted that India’s growth rate would overtake that of China in 2015-16. In this article, Kaushik Basu, Senior Vice President and Chief Economist at the World Bank, cont...
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Kaushik Basu
02 December, 2015
- Perspectives
The rolling global crisis and India
We are in the midst of a global growth crisis that began in 2007. In this article, Ashoka Mody, Professor of International Economic Policy at Princeton University, contends that the pervasive global ...
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Ashoka Mody
07 September, 2015
- Perspectives
Has the recession which began in 2012 ended?
The high growth rates visible in the new GDP data suggest that the recession which began in the first quarter of 2012 has now ended. Based on analysis of data on firms, investment and Balance of Paym...
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Ajay Shah
04 September, 2015
- Articles
Moving beyond the growth-versus-redistribution debate
The two dominant narratives on the state of the Indian economy – one centred on growth and the other on poverty – are in a constant state of conflict. In this article, Maitreesh Ghatak, Professor of ...
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Maitreesh Ghatak
14 August, 2015
- Perspectives