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Has China really outperformed India?

It is widely agreed that China has grown much faster than India, and that India has finally taken over in recent years. In this piece, Martin Rama benchmarks the growth performances of the two countri...

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Why external sovereign debt should be avoided

The Finance Minister of India, in her 2019 Budget speech, announced the government’s intent to finance a part of the fiscal deficit by issuing sovereign bonds in the international financial markets....

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Nobel 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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Land acquisition: Need for a shift in discourse?

Empirical evidence increasingly shows that farmers are willing to have their land acquired if the price-compensation package is acceptable. Given this trend, Dhanmanjiri Sathe argues that the discours...

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Do firms in India perceive themselves to be e-ready?

Government of India’s ‘Digital India’ programme seeks to transform the country into a digitally-empowered society and knowledge economy. This column presents region-wise findings of a perceptio...

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Rural electrification in India: Focus on service quality

India has set an ambitious goal of achieving high-quality electricity supply for all households by 2019, and impressive progress has been made in increasing the number of household electricity connect...

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Reconsidering the 4% inflation target

The RBI targets an inflation rate of 4%. In this article, Gurbachan Singh takes an in-depth look at the prevailing macroeconomic policy regime. This exercise provides an insight, which forms the basis...

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The historical roots of India's booming service economy

India stands out from other emerging economies because its growth has been led by the service sector rather than labour-intensive manufactures. This column summarises recent research showing that Indi...

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Terms of trade shocks and monetary policy in India

Understanding monetary policy design in emerging markets and developing economies is a growing area of research. One aspect that is missing is how distortions in the agricultural sector translate into...

  • IGC Research on India

Women and work in rural India

In contrast to the global average of 48%, only 32.6% of the half-a-billion working-age women in India report to be working. It is puzzling that the rapid fertility transition, broad increases in femal...

  • IGC Research on India

Female Politicians and Economic Growth: Evidence from State Elections in India

This project investigates whether women legislators are good for economic growth using constituency level data for all elections to State Legislative Assemblies in India during 1992-2012.

  • IGC Research on India

Book review: 'India’s long road' by Vijay Joshi

In this article, Pulapre Balakrishnan, Professor of Economics at Ashoka University, reviews Vijay Joshi’s book, ‘India’s long road: The search for prosperity’.

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Riding the energy transition: Oil beyond 2040

The motor vehicle was very quick to replace horses in the early 20th century, and the advent of the electric car suggests that another profound shift in transportation and energy could be around the c...

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Land acquisition law: The buck stops with the states

Some believe that by encouraging states to enact their own versions of the land acquisition law, the central government is diluting the law. In this article, Dhanmanjiri Sathe, Professor of Economics ...

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Is the structure of Indian manufacturing geared towards job creation?

Government of India has envisaged adding 100 million jobs in manufacturing by 2022. This column finds that the structure of the country’s manufacturing sector is misaligned with the objective of jo...

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Duke Center for International Development

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Change the World Trust

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Duke University

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Indian Institute of Management Indore

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Southern Methodist University

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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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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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