China and India are hard to ignore. Over the past 20 years they have risen as global economic powers, at a very fast pace. By 2012, China has become the second-largest world economy (based on nominal GDP) and India the tenth. Together, they account for about 36% of world population.
Finance and growth in China and India: Have firms benefited from the capital-market expansion?
Tatiana Didier, Sergio Schmukler, 6 May 2013
The need for a second round of ‘look east’ policies in south Asia
Pradumna B. Rana, Chia Wai Mun, 1 April 2013
The global economy was traditionally dominated by north-north relations with some concern for north-south relations. South-south economic relations were, until recently, of minor import.
What explains gender differences in India? What can be done to promote shared prosperity?
Ejaz Ghani, William Kerr, Stephen D O'Connell, 22 February 2013
Despite rapid economic growth during the last two decades, gender disparities remain deep and persistent in India (e.g. Duflo 2012, World Bank 2012). The UN Gender Inequality Index ranks India below several sub-Saharan African countries, and the World Economic Forum ranks India 113 out of 135 countries in its Global Gender Gap Report (Hausmann, Tyson and Zahidi 2011).
Highway to success in India
Ejaz Ghani, Arti Grover Goswami, William Kerr, 5 February 2013
Transport investments within cities and across cities are essential for economic growth, job creation, and poverty reduction. Beyond simply facilitating cheaper and more efficient movements of goods, people, and ideas within cities, transport affects the distribution of economic activity across cities.
Did the Indian capital controls work as a tool of macroeconomic policy?
Ila Patnaik, Ajay Shah, 20 November 2012
The empirical literature on the effectiveness of capital controls for macroeconomic management has generally found that transitory capital controls have a relatively limited impact on the magnitude of flows (Magud et. al. 2011). Controls appear to influence the composition of capital flows, but they seem to do so only for a short time.
Is India’s current economic slowdown due to cyclical or structural factors?
Sarah Chan, 15 September 2012
The Indian economy is gripped by crisis:
Helping poor farmers help themselves against drought
Karen Macours, Patrick Premand, Renos Vakis, 12 September 2012
The worst drought in the US in decades has been making many headlines.1
Is India’s manufacturing sector moving out of the cities?
Ejaz Ghani, Arti Grover Goswami, William Kerr, 27 July 2012
By 2025, India will have more than double the number of city dwellers than the United States has today (McKinsey 2010). Urbanisation is central to the development process.
The redistributive effects of political reservation for minorities in India
Nishith Prakash, Aimee Chin, 21 July 2012
Affirmative action – steps taken to increase the number of an under represented group in a certain field, such as more people of a certain race in politics – is a source of controversy wherever it goes (Bertrand et al. 2010). On the one hand, some believe that groups that have historically been discriminated against deserve policies that will improve their opportunities.
Deep integration in free trade agreements in China and India
Ganeshan Wignaraja , 4 July 2012
Since the 2000s, creeping protectionism and the stalled WTO Doha Round trade talks have prompted China and India to pursue a variety of bilateral and regional free trade agreements (FTAs). Before 2000, the sole FTA involving China and India was the Asia-Pacific Trade Agreement.
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