04 February, 2019Nobel laureate Paul Romer’s contribution to endogenous growth theory
What motivates people like Steve Jobs to spend time, money, and effort in developing new ideas despite the implicit hazard that ideas can easily be copied later? In this post, Mausumi Das contends tha...
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Mausumi Das 
24 October, 2018
- Perspectives
How tax incentives influence household financial saving
Indian households tend to hold a high fraction of their wealth in non-financial assets such as real estate and gold. Tax policy has been used to incentivise saving in financial assets and encouraging ...
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Radhika Pandey Ila Patnaik Renuka Sane
- 28 January, 2019
- Articles
India’s national policy framework on e-commerce: Issues and concerns
In July 2018, India released a draft national policy framework on e-commerce among its stakeholders. The ensuing debate led to the government announcing a revised draft policy. In this post, Rahul Cho...
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Rahul Choudhury
- 12 November, 2018
- Perspectives
GST Explainer: A public finance expert’s view
Kavita Rao, Professor, National Institute of Public Finance and Policy, responds to the questions on GST posed in the introduction of this explainer.
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Kavita Rao
- 16 October, 2017
- Perspectives
The lad(y) doth protest too much, methinks
Former Finance Minister Yashwant Sinha has trashed the present government’s track record on economic management. In a recent article, economist Surjit Bhalla refuted Mr. Sinha’s claims with a poin...
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Pronab Sen
- 13 October, 2017
- Perspectives
India’s GDP: Deflating the right way
A non-ending debate on the GDP growth numbers brought out by the Central Statistics Office has been doing the rounds. In light of the mismatch between recent trends in the growth rate and an array of ...
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Jyoti Sharma
- 12 October, 2017
- Articles
Inflation targeting: Should RBI revisit its inflation anchor?
Ever since the RBI switched to flexible inflation targeting with headline Consumer Price Index as the inflation anchor, inflation has witnessed a dramatic collapse. In this article, Renu Kohli contend...
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Renu Kohli
- 09 October, 2017
- Perspectives
Impact of community mobilisation on land rights governance
Homestead land rights, that is, the security a household enjoys over the plot of land on which its dwelling is built, shape livelihoods and living standards for poor and marginalised populations in ru...
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Sanjay Kumar Andre Nickow
- 05 October, 2017
- Articles
Purchasing power parity: Some concerns
In this article, Dr Gurbachan Singh discusses how it may be problematic to make international comparisons using PPP that is based on observed prices, and why effective prices should be used instead.
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Gurbachan Singh
- 04 October, 2017
- Articles
Assessing the effectiveness of active labour market programmes in developing countries
Job growth is a key policy concern across developing countries and there are been an increased interest in the role of active labour market programmes that provide vocational training to job-seekers, ...
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David McKenzie
- 14 August, 2017
- Perspectives
What does the new IIP series tell us about the state of manufacturing in India?
In May 2017, the Central Statistics Office released the new series of the Index of Industrial Production with 2011-12 as the base year, after a comprehensive revision of computation methods. The serie...
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Radhika Pandey Amey Sapre Pramod Sinha
- 02 August, 2017
- Articles
The economic and political consequences of India's demonetisation
The ruling party at the centre won the Uttar Pradesh state election despite its demonetisation policy having some negative economic impacts on the Indian economy. By combining primary data from survey...
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Abhijit Banerjee Namrata Kala
- 26 July, 2017
- Articles
How much public debt is too little?
Virtually the entire literature on public debt is focussed on determining how much is too much, beyond which it becomes a systemic threat to the economy. In this article, Pronab Sen outlines some of t...
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Pronab Sen
- 16 July, 2017
- Perspectives
Changes in the nature of female workforce participation in India
Declining female workforce participation in India is a matter of grave concern, and a puzzle in the face of increased overall economic growth. This column shows that although the proportion of working...
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P.C. Mohanan
- 14 July, 2017
- Articles
Should emerging markets worry about US monetary policy announcements?
Emerging economies are routinely affected by monetary policy announcements in the US. This column finds that US monetary policy surprises have a significant impact on emerging economies’ exchange ra...
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Poonam Gupta Oliver Masetti David Rosenblatt
- 03 July, 2017
- 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
Renewable energy and India's future
In the world’s second-most populous country, it is unsurprising that the topic of energy supply should be a key issue – and, in particular, its sustainability. This column completes a series on I...
- Ramprasad Sengupta
- 13 May, 2013
- Articles