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--

What will South Asia look like in 2025?

What will India and the rest of South Asia look like in 2025? This column argues that a growth miracle can quickly turn in to a growth disaster. It asks what can be done today to reshape tomorrow.

  • Articles

India's five-year plan-what's the big deal?

‘Faster, inclusive, and more sustainable growth’ is the defining motto of India’s latest economic plan. But how will it work? This column outlines the five big ideas in India’s Five-Year Plan.

  • Articles

For the New Year

Five months ago we launched this portal to start new conversations on issues of vital importance for Indian growth and development. We had hoped that by making serious research accessible to lay peop...

  • Perspectives

Himayat - A silent skills revolution in the making

In this Note from the Field, Varad Pande of the Ministry of Rural Development discusses the Himayat programme in Jammu and Kashmir which offers skills-training and a job to unemployed young people in ...

  • Notes from the Field

The political economies of land acquisition

India is in the process of reforming the way that land is bought and sold – a source of heated debate as many blame the current laws for unfairly forcing millions from their homes and livelihoods. T...

  • Articles

Is economic growth always the best policy?

Is economic growth the best way to reduce poverty, raise life expectancy, and improve people’s health? This column looks at different Indian states over the last 20 years. It argues that governments...

  • Articles

Developing a Land Acquisition Policy for India

The Land Acquisition Bill is a key piece of legislation under consideration in the Indian Parliament. This column argues that the current policy on compensating landowners, as proposed in the Bill, is...

  • Articles

Monetary policy in India and other developing countries

Setting interest rates and controlling inflation is an altogether different challenge in countries like India. This column argues that in many developing countries, the financial system is still too u...

  • Articles

The value of land administration information for financial development

While the effect of improved property rights on economic development has been extensively studied, the specific relationship between better land administration information and improved credit access i...

  • Articles

Measuring India's Capital Control Regime

India’s policies on international capital flows are extremely complex, in part due to the absence of a consensus on the value of capital account controls. This column argues that the tools for measu...

  • Articles

Searching for the soul of monetary policy in India

What is the thinking behind the current policy of the Reserve Bank of India? This column argues that its rules for deciding on India’s interest rates are based on assumptions that hold in developed ...

  • Articles

Mahatma Gandhi National Rural Employment Guarantee Scheme: Falling demand or funds crunch?

The National Rural Employment Guarantee Scheme (MNREGS) – India’s flagship job guarantee scheme - provides every rural household in India with a guaranteed 100 days of work in a year at minimum wa...

  • 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