11 April, 2025High 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
- Articles
Budget 2021-22: A political economy perspective
Examining the 2021-22 Union Budget with a political economy lens, Yamini Aiyar contends that the policy choices reflects Government of India’s propensity to centralise rather than to devolve, and a ...
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Yamini Aiyar
- 15 February, 2021
- Perspectives
The Land Acquisition Bill
Will the new Land Acquisition Bill make protests like those in Singur and Bhatta-Parsaul a thing of the past? Will it make land acquisition so expensive and difficult that the pace of industrialisati...
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Parikshit Ghosh Shri Vallabh Goyal Dilip Mookherjee Abhirup Sarkar
- 26 April, 2013
- Symposium
The Land Acquisition Bill
Will the new Land Acquisition Bill make protests like those in Singur and Bhatta-Parsaul a thing of the past? Will it make land acquisition so expensive and difficult that the pace of industrialisati...
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Parikshit Ghosh Shri Vallabh Goyal Dilip Mookherjee Abhirup Sarkar
- 26 April, 2013
- Symposium
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,...
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Sarah Chan
- 24 April, 2013
- 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 ...
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Gurbachan Singh
- 03 April, 2013
- 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...
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Madhav Chavan
- 22 March, 2013
- 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...
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Oriana Bandiera
- 15 March, 2013
- 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 ...
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Sunil Kanwar
- 01 March, 2013
- 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.
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Ila Patnaik Ajay Shah Nirvikar Singh
- 01 March, 2013
- 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...
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Monica Singhal
- 28 February, 2013
- 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...
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Arvind Subramanian
- 01 February, 2013
- 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 ...
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Sonia Bhalotra
- 28 January, 2013
- 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.
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Ila Patnaik Ajay Shah
- 21 January, 2013
- Articles
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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