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Miscellany
Ideas@IPF2024 series: Research from NCAER’s India Policy Forum
Every year, National Council of Applied Economic Research hosts the India Policy Forum, a platform where economists and policymakers dissect research ideas for their relevance to public policy. Following the 21st edition of IPF held on 2-3 July, Ideas for India presents the Ideas@IPF2024 series, introduced in this anchor post by NCAER Senior Advisor Pradip Kumar Bagchi. Between 10-16 July, we will host summaries of policy-relevant economics research presented at the IPF, on themes ranging from female leadership in corporate India, costs and benefits of holding foreign exchange reserves to social safety nets and economic development in the state of Punjab.
Policy Roundup: India has a new government
In the aftermath of the 2024 Lok Sabha election results, this post presents a curation of developments in the Indian policy landscape – highlighting I4I content on how coalition governments have historically brought about policy reforms, and varied evidence on the effects of a constituency having an elected representation from the ruling party. It also touches upon the representation of independent candidates, and the share of women in ministerial positions.
Policy Roundup: Voting, wealth redistribution, state of health
This post presents our monthly curation of recent developments in the Indian policy landscape – highlighting I4I content pertaining to issues ranging from electronic voting machines, vote-buying, and political dynasties, to the rise of metabolic diseases in the country. We also take a look at the discourse on wealth redistribution and inequality, and key Supreme Court rulings including on childcare leave for women, 2G spectrum allocation, and the right to be free from climate change.
Policy Roundup: Elections, black money, state of the economy
This post presents our curation of key developments in the Indian policy landscape in recent months – highlighting I4I content pertaining to the issues of synchronised elections, funding of political parties, farmers’ protests, and India’s 2016 demonetisation in the context of 'black money'. We also take a look at the latest monetary policy statement by the Reserve Bank of India, and the current discourse on the new consumption survey and the jobs situation in the country.
Robert Solow and the ‘Wealth of Nations’
In a tribute to Robert Solow, I4I’s Editor-in-Chief Parikshit Ghosh outlines some of the late Nobel Laureate’s contributions to macroeconomics, and uses examples and metaphors for the economy to explain how the Solow model presents the idea of tapering growth in a mathematical framework. He examines catch-up growth in India in the context of this model, and highlights the need to look beyond the usual suspects to find the path to mass prosperity that remains elusive to many nations.
Claudia Goldin’s Nobel Prize winning research
On Sunday, Claudia Goldin will be awarded the Nobel Prize in Economic Sciences for her work on women’s progress in the workforce. In this piece, Farzana Afridi reflects on the significance of Goldin’s win and the contribution of her research to understanding the gender dynamics of labour markets. She also delves into the implications of this research for developing countries like India, where female labour force participation has remained low despite economic growth, and why this matters for economic growth.
Ashok Kotwal Memorial Lecture: Pranab Bardhan on 'Inequality, Labour & Social Democracy'
We invite you to join us on 30 November, 2023, for the second edition of I4I’s annual Ashok Kotwal Memorial Lecture. This year, the lecture will be delivered by Prof. Pranab K. Bardhan, who will concentrate on the rising inequality arising from declining labour shares of income. He will explore the reasons for decay of labour organisations globally and explore the reasons for this decay in terms of globalisation: the pattern of technological change, elements of labour fragmentation particularly in developing countries, and increasing corporate concentration.
Ideas@IPF2023 series: NCAER’s India Policy Forum– where research meets policy
Every year, the National Council of Applied Economic Research (NCAER) hosts the India Policy Forum (IPF), a platform where economists and policymakers dissect five research ideas for their utility to public policy. To commemorate the 20th anniversary of the conference, Ideas for India launches the Ideas@IPF2023 series, introduced in this anchor by NCAER’s Anupma Mehta. Across this week, from 10-14 July, we host the five articles summarising cutting-edge empirical work at the intersection of economics and policy.
How movies impact stigma and choice: Evidence from the pharmaceutical industry
Recently educational entertainment is emerging as a platform for addressing public health issues. In this article, Aggarwal, Chakrabarti, and Chatterjee investigate whether movies can destigmatise accessing healthcare and increase consumer choice in the Indian pharmaceutical market. They explore the impact of the release of the Bollywood movie ‘My Name is Khan’ on the market for antipsychotic drugs in India by analysing firm-level market responses, and find an increase in supply of drug varieties due to the destigmatisation caused by the movie.
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