The growing burden of state subsidies
Delivery of welfare benefits to citizens by state governments in India often takes the form of subsidies. Analysing budgetary data from seven Indian states for the period between 2018-19 and 2022-23, ...
-
Kishan Narayan
17 March, 2025
- Articles
High public debt in India: 9 stylised facts
The Covid-induced surge in public debt in India was unique compared to its own history, but also bigger and driven by different factors relative to the average emerging market economy. In this post, M...
-
Prachi Mishra
Nikhil Patel
20 December, 2024
- Perspectives
Uneven resilience: Why some emerging markets better navigate US monetary policy cycles
As the US dollar and monetary policy continue to have a significant impact on global financial dynamics, some emerging markets are observed to be more resilient than others to the policy cycles. Analy...
-
Joshua Aizenman
Donghyun Park
Irfan Qureshi
Jamel Saadaoui
Gazi Salah Uddin
30 September, 2024
- Articles
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...
-
Jongrim Ha
Ayhan Kose
Franziska Ohnsorge
17 June, 2019
- 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...
-
Ivailo Izvorski
Kenan Karakülah
14 June, 2019
- 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 ...
-
Rajeswari Sengupta
Manish Singh
12 June, 2019
- Articles
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...
-
Martin Rama
04 June, 2019
- Perspectives
Is India’s ‘new’ investment cycle poised for upturn?
Recent statistics have drawn attention to the turning of India’s investment cycle since the second half of 2017-18. In this piece, Isha Gupta examines the different components of investment demand a...
-
Isha Gupta
27 May, 2019
- Articles
Does service quality predict households’ willingness to pay for electricity connections in rural India?
While rural electrification has been a high priority for governments in the developing world, the factors that make individual households more likely to pay for electricity have received insufficient ...
-
Ryan Kennedy
Aseem Mahajan
Johannes Urpelainen
10 May, 2019
- Articles
Make in India: Why didn't the lion roar?
In this Perspectives piece, Prof. Nagaraj contends that ‘Make in India’ has failed to meet its objective of turning industry around. The government has seemed more concerned with improving India's...
-
R. Nagaraj
08 May, 2019
- Perspectives
Firm formation in India: The last 40 years
Research shows that entrepreneurship or new firm formation can be an important driver of economic development. This article studies the extent of new firm formation in India over the last 40 years and...
-
Rajeswari Sengupta
Manish Singh
01 April, 2019
- Articles
Everything you know about cross-country convergence is (now) wrong
A quarter-century after the empirical growth literature set out to explain why poor countries are not catching up with rich ones, cross-country regressions have mercifully gone out of fashion. In this...
-
Dev Patel
Justin Sandefur
Arvind Subramanian
15 February, 2019
- Articles
Interim Budget 2019: Rising fiscal deficit in a 'booming' economy
In this article, Rajeswari Sengupta analyses various nuances of the recently announced Union Interim Budget, including the deviation from the targeted path of fiscal consolidation. In a world of Aadha...
-
Rajeswari Sengupta
04 February, 2019
- Perspectives
How tax incentives influence household financial saving
Indian households tend to hold a high fraction of their wealth in non-financial assets such as real estate and gold. Tax policy has been used to incentivise saving in financial assets and encouraging ...
-
Radhika Pandey
Ila Patnaik
Renuka Sane
28 January, 2019
- Articles
Rapid Response on Setting Commercial Tax Targets
The project was carried out on the request of Principal Secretary, Department of Commercial taxes, Government of Bihar. It demonstrates what needs to be done to set district-wise commercial tax target...
-
Pronay Sarkar
31 December, 2018
- IGC Research on India
Twitter feed
Tweets by Ideas4IndiaMost 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...
Gurbachan Singh
29 February, 2016
- 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...
Prachee Mishra
Roopal Suhag
20 November, 2017
- Perspectives
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...
Maitreesh Ghatak
01 May, 2021
- Articles