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Miscellany
Making sense of the 2024 Economics Nobel
The 2024 Nobel Prize in Economics has been awarded to Acemoglu, Johnson and Robinson “for studies of how institutions are formed and affect prosperity”. In this post, Pulapre Balakrishnan evaluates the econometric approach and representation of colonialism – as linked to institutions – in some of their prominent works. Balakrishnan contends that any account of economic phenomena must commence with a theoretical model including a clearly specified motive force; in his view, this is lacking in the laureates’ contribution.
Economics Nobel 2024: Igniting discussion beyond the academy
The 2024 Nobel Prize in Economics has been awarded to Acemoglu, Johnson and Robinson “for studies of how institutions are formed and affect prosperity”. In this post, Patrick Francois contend that the contribution of the laureates lies in opening up a whole new set of facts from history, to change the way we think about one of the biggest of the ‘big questions’ in economics – why are some places rich and others poor?
Policy Roundup: Delhi smog, US immigration, industrial policy
This post presents our monthly curation of developments in the Indian policy landscape – highlighting I4I (and IGC) content pertaining to Delhi’s seasonal smog problem, anti-pollution and adaptation measures, high-skilled migration from India to the US, and steps being taken by Indian states to promote industrial development.
Ashok Kotwal Memorial Lecture: Rohini Pande on 'Regulating Carbon Emissions through Nature-based Solutions'
We invite you to join us on 11 December 2024, for the third annual Ashok Kotwal Memorial Lecture. This year, the lecture will be delivered by Professor Rohini Pande, who will draw on insights gained from the design of pollution compliance markets and environmental audits in India, to discuss how they can provide guidance on how to redesign the voluntary carbon market so that lower income countries can access international climate funds through nature-based activities.
Synthetic Control Method: Opportunity for policy evaluation
Policy evaluation involves estimating the effect of an intervention, by comparing outcomes in units subjected to the intervention with otherwise similar units not subjected to intervention. However, this may be challenging if there is no appropriate comparison group. In this post, Karan Bhasin discusses how the ‘Synthetic Control Method’ can work in such cases, and its application for evaluating the impact of policies such as inflation targeting.
Policy Roundup: Fed rate cut, ageing South India, Cyclone Dana, crypto regulation
This post presents our monthly curation of developments in the Indian policy landscape – highlighting I4I content pertaining to the impact of US monetary policy announcements on emerging economies, fertility differences across Indian states, resilience and adaptation vis-à-vis climate events, and the need for a regulatory framework for cryptocurrency.
Policy Roundup: Women’s safety, social security, clean air
This post presents our monthly curation of developments in the Indian policy landscape – highlighting (recent and upcoming) I4I content pertaining to the issue of women’s safety at home, the need to prepare for ‘ageing India’, and the non-health impacts of air pollution. We take a look at state anti-rape bills, new health coverage for seniors over 70 years of age, and the Unified Pension Scheme for central government employees.
Policy Roundup: Women’s safety, sub-caste quotas, Bangladesh unrest
This Policy Roundup presents I4I content pertaining to recent developments in the Indian policy landscape – highlighting the issue of women’s safety and how it affects their work participation, and the Supreme Court judgement allowing sub-classification within Scheduled Castes and Scheduled Tribes for affirmative action policies. We also take a look at the speculation around the potential trade implications of the political unrest in Bangladesh.
Policy Roundup: Union Budget and Economic Survey
Following the release of the latest Economic Survey of India and the first Union Budget of the new government, this Policy Roundup applies a ‘jobs’ lens to these documents – presenting key takeaways and highlighting I4I content pertaining to youth employment, skilling, women’s work participation, care economy, and the MSME sector.
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