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Macroeconomics

Covid-19: Curated content and resources

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Is Covid-19 equally deadly across all states?

International experience suggests that the rates of fatality on account of Covid-19 vary across the world. In this post, Jain and Chatterjee seek to estimate the fatality rate of the pandemic in India...

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Covid-19: Health, macroeconomics, and trade

There is great uncertainty around the spread and eventual end of the Covid-19 pandemic, and the possibility of extended or intermittent lockdowns. Besides the immediate health crisis and loss of liv...

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Covid-19: Expected migrant movement as lockdown eases

Since the lockdown was announced in India, many migrants have undertaken the difficult journey to their place of origin. However, millions of them are still in cities, and some are expected to return ...

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Industrial Policy in India

In this article, Ritam Chaurey provides an overview of India’s industrial and labour policy to put in perspective the issues facing firm growth.

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Catching up: India’s transition from a colonial economy

The decline and stagnation of the Indian economy was reversed after independence. This column suggests although productivity in agriculture and industry rose after 1947, it was the service sector that...

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Falling behind: India under colonial rule

At the time of independence, India was among the poorest countries in the world. This column argues that the main reason for India falling behind during the colonial rule was inadequate investment in ...

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Communicating uncertainties in GDP data

In recent times there has been a lot of controversy around the accuracy and reliability of Indian GDP estimates. In this article, Amey Sapre and Rajeswari Sengupta contend that much of this confusion ...

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Union Budget 2018: The reality behind the rhetoric

In this article, Sudipto Mundle contends that given Union Budget 2018-19 was the current government’s last full budget before the next general election, headline-grabbing proposals were particularly...

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Union Budget 2018: What will the pivot to agriculture cost?

The Union Budget 2018-19 focusses heavily on agriculture and rural development. In this article, Bharat Ramaswami analyses the key proposals pertaining to investment in agricultural markets and infras...

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Union Budget 2018: Unpleasant arithmetic and the art of the possible

In this article, Maitreesh Ghatak contends that while the Union Budget 2018-19 deserves some praise for signalling priorities given the constraints, it disappoints in terms of its vision of reforms.

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Union Budget 2018: Some hits, some misses

In this article, Bhaskar Dutta critically analyses the Union Budget for 2018-19 in terms of announcements for the rural and agricultural sector, healthcare, and manufacturing, and implications for fis...

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Union Budget 2018: Not as expansionary as appears at first blush

In this article, Ila Patnaik assesses the implications of the recently announced Union Budget for inflationary expectations and monetary policy.

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I4I Panel Discussion: The challenge of job creation

In a recent I4I editorial, Ashok Kotwal described the challenge of job creation that is facing the Indian economy today. In December 2017, Prof. Kotwal moderated a panel discussion on the topic betwe...

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The spatial dimensions of business investment decisions

Investment decisions of firms are centred on location choice, investment magnitude, and selection of industry. Of these, information on location choice is the most asymmetric, making it is imperative ...

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Self-employment: Elephant in the room

While nearly half of the labour force in India is self-employed, persistent low standards of living on a large scale imply that not many of these are ‘entrepreneurs’. Much of the self-employment ...

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Most Popular Macroeconomics Posts

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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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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Global financial crisis and India: A look at the decade gone by

The crisis that emerged in the US subprime mortgage market this month 10 years ago, not only engulfed the country’s financial system but the entire global economy. In this post, Vikas Dimble and Nal...

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