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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...

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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...

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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...

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Perceived obstacles among Indian firms: What happens to innovation efforts?

For countries like India where large numbers of small- and medium-sized firms cannot access formal credit and face widespread bureaucratic corruption, long-run survival and consequent distributional i...

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The Covid-19 shock: Learnings from the past, addressing the present - V

In the previous two parts of the series, Dr Pronab Sen presented a pathway to recovery from the Covid-19 shock in three distinct phases – survival, revival, and recovery. In the final part of the se...

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The Covid-19 shock: Learnings from the past, addressing the present - IV

In the previous part of the series, Dr Pronab Sen presented a pathway to recovery, focusing on the ‘survival’ phase, that is, the three-month period of lockdown. In this part he discusses the rev...

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The Covid-19 shock: Learnings from the past, addressing the present - III

In the previous part of the series, Dr Pronab Sen provided estimates of the economic damage on account of the ongoing crisis, and the expected trajectory of the economy over the next three years. In t...

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The Covid-19 shock: Learnings from the past, addressing the present - II

In the first part of the series, Dr Pronab Sen discussed the performance of the Indian economy during the last two major economic shocks – Global Financial crisis in 2008, and demonetisation-cum-GST...

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The Covid-19 shock: Learnings from the past, addressing the present - I

The Covid-19 pandemic and the containment measures adopted to check the spread of the disease, have caused an unprecedented economic crisis in India as well as the rest of the world. Further, India is...

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The pandemic and the package

The government has announced a package of fiscal and monetary policy actions, and broader economic reforms to set the economy back on track after the Covid-19 lockdown. In this post, Sengupta and Vard...

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Webinar video: The new Coronavirus and the Indian economy

The global pandemic has created a terrible trade-off for every country between an economic crisis caused by a shutdown of the economic activity and a health crisis and fatalities as the healthcare sys...

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Covid-19: Escaping the economic dangers

As long as the spread of Covid-19 is not controlled in India, there is a threat of new complete or partial lockdowns in response. In this post, E. Somanathan contends that any further lockdown risks i...

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Covid-19: Does the Government of India really have little fiscal space?

Several commentators have argued that the Government of India has very limited fiscal space to provide fiscal stimulus to jumpstart the economy, and spend on the poor and on medical care post Covid-19...

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Covid-19: Mitigating the risk from reverse migration

One of the worst affected sections from India’s Covid-19 lockdown has been the migrant workers who have been left jobless, moneyless, and homeless. Though efforts are being made by several state gov...

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India’s Covid-19 lockdown: An interim report

In an earlier paper, Debraj Ray and S. Subramanian had argued that in developing countries like India, a perspective of "lives versus lives" may be needed to evaluate the virtues of a stringent lockdo...

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Recent Contributors

Viral

Viral Acharya

New York University

Siddharth

Siddharth Vij

University of Georgia

Prem Shankar

Prem Shankar Mishra

Population Research Centre, Institute for Social a

T.S.

T.S. Syamala

Population Research Centre, Institute for Social a

Ashok

Ashok Kotwal

Editor-in-Chief, I4I; University of British Columb

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Clément Imbert

University of Warwick

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Roland Rathelot

University of Warwick

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Poonam Panda

J-PAL South Asia

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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...

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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...

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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...

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