Poverty, particularly rural poverty, has been one of the enduring policy challenges in India. Surely the most important objective of the reforms process would have been to make a significant dent on rural poverty. It is from this that a program of accelerated growth must draw its rationale. In...

This paper tries to assess why lowering interest rates is proving to be hard in India. It singles out the role of three factors: (i) high public debt and the structure of this debt, (ii) the overhang of non-performing assets; and (iii) the policy being pursued with respect to accumulation of...

Although it is too early to evaluate the long-run socio-economic effects of economic liberalisation and privatisation, along with the overall globalisation process, on a dualistic economy like India's, the paper will first examine the often-raised concern that these economic changes have, in...

Based on a survey of software-related companies in the major cities of India, this paper provides an analytical framework for examining the organization and size of the Indian software industry. With regard to organization, the extent of foreign participation in the industry and the degree of...

The principal objective of this study is to test whether public expenditures on education, health and other development activities have been effective in reducing poverty in India. To ensure sensitivity and robustness of the results, three different measures of poverty belonging to the...

This paper examines the determinants of private saving in the process of economic development, in the light of the Indian experience during the period 1954 - 1998. The methodology involves the estimation of a saving rate function derived within the life cycle framework while paying attention to...

A rapid rise in women's education levels, an increase in the age at marriage and an increase in the age at which they have their Þrst child are key features of demographic transition in any country. Education is considered to be an essential component in this process because increases in...

If public expenditure and public revenue are I(0) public debt is sustainable but if these are I(1) and not cointegrated or have a cointegrating vector dierent from [1, -1] the public debt is said to be unsustainable. Extant work indicates that India’s public debt is unsustainable. We...

Education and human capital accumulation are essential components of eco- nomic development. This paper attempts to identify some of the individual and household level characteristics that affect the demand for schooling in Bangladesh. We examine (1) current enrolment status of children aged 6 -...

This study uses Nepalese data to estimate the impact of individual, household and cluster/community level variables on child labour and child schooling. The principal estimates are, then, compared with those from Bangladesh and Pakistan. The exercise is designed to identify effective policy...