Main Banner Image

How open is India's capital account?

Although India began opening up its capital account in the mid-1990s, the approach towards financial liberalisation has been cautious. Tracing changes in the de-facto openness of the country’s capi...

  • Perspectives

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...

  • Articles

Business sentiments and labour markets

The Covid-19 pandemic and associated lockdowns have had a significant adverse impact on jobs and livelihoods. Using 2006-2021 data from a survey on business sentiments, this article examines fluctuati...

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

Long term recovery of the Indian economy depends on reforms

The Indian economy has been facing challenges in the form of sluggish growth, high inflation, and rising fiscal and current account deficits. This column highlights trends in the economic conditions,...

  • Articles

Why India should not further delay a credit line from the IMF

India is expected to run a current account deficit of more than 4% of its GDP this year. At the moment this can be paid for with money coming in from abroad – but what if the flow of money were to ...

  • Articles

The push and pull of skilling

Vocational training has been centre-stage in policy discussions in India over the past decade. This article discusses the perspectives of and dissatisfaction among the four groups of stakeholders in s...

  • Notes from the Field

What do Indian CEOs do?

While the Indian manufacturing sector has experienced rapid growth since the early 1990s, it is characterised by large productivity differences across firms and presence of several low productivity f...

  • Articles

Property rights and technology transfer: Evidence from developing countries

The transfer of technology to poorer countries is essential for development. This column asks how this process is affected by intellectual property rights and whether the data can provide some policy ...

  • Articles

Foreign investors under stress: Evidence at the firm level

Emerging market policymakers have been concerned about the financial stability implications of financial globalisation. These concerns are focussed particularly on behaviour under stressed conditions.

  • IGC Research on India

Commodity Taxation in India

This project examine cross‐country comparisons on commodity taxation in Bihar for 1994‐2012. The findings of the project suggested that the VAT reforms went a long way to harmonizing r...

  • IGC Research on India

Why Nations Fail: And why India and China don’t fit the story

‘Why Nations Fail’ by Daron Acemoglu and James Robinson is becoming a must-read for development economists. But this column argues that the central thesis of the book fails to explain two big deve...

  • Articles

Like parent, like child: Health transmission in developing countries

To what extent is children’s health determined by their mothers’ health? This column analyses three decades’ worth of data on over two million children across 38 developing countries to explore ...

  • Articles

Capital controls in India: Did they work?

Are capital controls the right way to manage an economy? This column looks at what we can learn from India’s experience, where capital controls have never been fully dismantled.

  • Articles

How to motivate India's community workers?

People who work on-the-ground are essential to India’s development effort. But how to get these teachers, health workers and so on to work hard when money is tight? This column argues that there are...

  • Articles

Understanding India's monetary policy

From the outside looking in, it may seem that India’s central bank is making up its own rules, making it difficult to predict the next movements in the interest rate. This column argues that the cen...

  • Articles

Recent Contributors

Santanu

Santanu Mishra

Smile Foundation

Achyuta

Achyuta Adhvaryu

University of Michigan

Anant

Anant Nyshadham

University of Michigan

Nirupama

Nirupama V

Good Business Lab

Saswati

Saswati Mishra

Good Business Lab

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

Covid-19: Macroeconomic implications for India

Due to the measures adopted to prevent the spread of the Coronavirus Disease 2019 (Covid-19), especially social distancing and lockdown, non-essential expenditures are being postponed. This is causing...

  • Perspectives