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, ...
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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...
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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...
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Joshua Aizenman
Donghyun Park
Irfan Qureshi
Jamel Saadaoui
Gazi Salah Uddin
30 September, 2024
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Painful spillovers from slowing BRICS growth
A synchronous growth slowdown has hit emerging markets, especially the BRICS, since 2010, with the potential for significant adverse spillovers to the rest of the world. This column estimates that a ...
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Raju Huidrom
Ayhan Kose
Franziska Ohnsorge
08 June, 2016
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Does democracy cause growth?
Many analysts view democracy as a neutral or negative factor for growth. This column discusses new evidence showing that democracy has a robust and sizeable pro-growth effect. It finds that a country ...
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Daron Acemoglu
Suresh Naidu
Pascual Restrepo
James Robinson
03 June, 2016
- Articles
Can Governments Increase Revenues By Lowering Taxes? A Study of Competing Policies To Reduce Tax Evasion During House Purchase in India
In the specific context of India, this project studies which of the two tools – the stamp duty or the guidance value – leads to higher truthful reporting of property prices. Using a hedonic model ...
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Venkatesh Panchapagesan
Doddaswamy Ravishankar
Madalasa Venkataraman
30 April, 2016
- IGC Research on India
Why outward FDI should be encouraged
The ‘Make in India’ programme seeks to incentivise global investors to manufacture in India. In this article, Natasha Agarwal, an independent research economist argues that efforts should also be ...
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Natasha Agarwal
22 April, 2016
- Articles
Union Budget 2016: Will it support India's economic transformation?
In this year’s Budget speech, the Finance Minister articulated the government’s agenda to ‘Transform India’ through a set of economic reforms framed in terms of ‘nine pillars’ - agricultur...
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Nirvikar Singh
08 March, 2016
- Perspectives
Union Budget 2016: A UPA-III Budget
In this article, Maitreesh Ghatak, Professor of Economics at the London School of Economics, contends that the Modi government presented a reasonably good United Progressive Alliance (UPA)-III Budget ...
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Maitreesh Ghatak
04 March, 2016
- Perspectives
Union Budget 2016: Focus on reforms and fiscal commitments
The Union Budget 2016-17 was presented by the Finance Minister earlier this week. In this article, Rathin Roy, Director of the National Institute of Public Finance and Policy, applauds the Budget for ...
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Rathin Roy
03 March, 2016
- Articles
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...
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Gurbachan Singh
29 February, 2016
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Growth, Urbanisation and Rural-Urban Linkages in Bihar
The project aimed to explore the reasons for low urbanization in the state and identify its regional pattern across the State and its economic and social characteristics. The findings of the study ind...
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Nandita Gupta
Abhay Kumar
Shreya Sarawgi
Alakh Sharma
29 February, 2016
- IGC Research on India
Can India beat this slowdown?
RBI Governor Raghuram Rajan has cautioned the government against seeking to generate economic growth by increasing public spending and hence, adding to the fiscal deficit. In this article, Jayan Jose ...
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Jayan Jose Thomas
24 February, 2016
- Articles
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
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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