Main Banner Image

Has China really outperformed India?

It is widely agreed that China has grown much faster than India, and that India has finally taken over in recent years. In this piece, Martin Rama benchmarks the growth performances of the two countri...

  • Perspectives

Why external sovereign debt should be avoided

The Finance Minister of India, in her 2019 Budget speech, announced the government’s intent to finance a part of the fiscal deficit by issuing sovereign bonds in the international financial markets....

  • Perspectives

Nobel laureate Paul Romer’s contribution to endogenous growth theory

What motivates people like Steve Jobs to spend time, money, and effort in developing new ideas despite the implicit hazard that ideas can easily be copied later? In this post, Mausumi Das contends tha...

  • Perspectives
Refine list by:
--Please Select--
--Please Select--

Foreign currency sovereign bonds: Think before you leap?

Government recently announced its decision to borrow in foreign currency from abroad to finance part of government’s fiscal deficit. In this post, Renu Kohli discusses some key fiscal preconditions ...

  • Perspectives

I4I Event: Panel Discussion on financing development in India

‘Ideas for India’ is hosting a panel discussion on ‘Financing development in India’ on Monday, 9 September 2019, at Desire Hall, Le Méridien Hotel, New Delhi at 6:30pm. The panellists are Pra...

  • Perspectives

Public debt through the ages

The history of sovereign debt evolved over time along with the purposes for which governments borrowed: first State-building, then public-good provision, and most recently social welfare and entitleme...

  • Articles

The return of the policy that shall not be named: Principles of industrial policy

The 'Asian miracles' and their industrial policies are often considered as statistical accidents that cannot be replicated. This article argues that we can learn more about sustained growth from these...

  • Articles

Why external sovereign debt should be avoided

The Finance Minister of India, in her 2019 Budget speech, announced the government’s intent to finance a part of the fiscal deficit by issuing sovereign bonds in the international financial markets....

  • Perspectives

A silver lining in India’s employment scenario

The latest jobs data released by the government showed a record high unemployment rate of 6.1% in 2017-18, but a rise in the share of workers with a regular job in urban areas. In this post, Mehta and...

  • Articles

Government securities market: Price discovery and the cost of Indian government borrowing

The government securities (G-Secs) market has substantial effects on other markets as the producer of risk-free interest rate benchmarks. Over 2017-18, there was a sharp rise in the interest rates of ...

  • Articles

Agriculture and the Union Budget: policies and prospects

In this post, Shoumitro Chatterjee and Mekhala Krishnamurthy analyse the key proposals in the Union Budget 2019 pertaining to reforms in agricultural market, ease of doing business for farmers, and ag...

  • Articles

Union Budget 2019: An attempt to address the economy’s stress points

In this post, Niranjan Rajadhyaksha contends that in the first Budget of the second Narendra Modi administration, Finance Minister Nirmala Sitharaman has made an honest attempt to address some of the ...

  • Perspectives

The great disinflation in emerging and developing economies

Emerging market and developing economies (EMDEs) have achieved a remarkable decline in inflation since the early 1970s. Whether EMDEs can continue enjoying the benefits of low inflation will depend on...

  • Articles

Four lessons for developing countries from advanced economies’ past

In this post, Izvorski and Karakülah contend that comparisons between today’s developing countries and today’s advanced economies can provide aspiration but less so in terms of recommendations ab...

  • Perspectives

Firm survival in India: Status of firms formed over the last 30 years

The dynamic process of new firm formation and exit of weaker firms contributes to the evolution of industries and expansion of the economy. This article analyses the status of all new firms formed in ...

  • Articles

Recent Contributors

Siddharth

Siddharth Dixit

Duke Center for International Development

Natalie

Natalie Emery

Change the World Trust

Chinmoy

Chinmoy Kumar

Duke University

Punarjit

Punarjit Roychowdhury

Indian Institute of Management Indore

Hao

Hao Li

Nanjing Audit University

Daniel L.

Daniel L. Millimet

Southern Methodist University

Ambrish

Ambrish Dongre

Indian Institute of Management Ahmedabad

Ankur

Ankur Sarin

Indian Institute of Management Ahmedabad

View all Contributors

Most Popular Macroeconomics Posts

Land in India: Market price vs. fundamental value

The Real Estate (Regulation and Development) Bill, 2015, is focused on protecting the few home buyers who can afford to buy homes but does not address the issue of high land prices, which is a very se...

  • Articles

Land records and titles in India

Land ownership is broadly determined by access to a land title, which protects the rights of the title-holder, and impacts livelihoods, and industrial, economic, and social growth. However, land title...

  • Perspectives

Global financial crisis and India: A look at the decade gone by

The crisis that emerged in the US subprime mortgage market this month 10 years ago, not only engulfed the country’s financial system but the entire global economy. In this post, Vikas Dimble and Nal...

  • Perspectives