The effects of the inflows of private foreign capital on some major macroeconomic variables in India are analyzed using quarterly data for the period 1993-99. Cointegration test and The Granger Causality Test are done to understand the relationship between variables [WP No. 311].

The East Asian crisis of 1997-98 and the Mexican crisis of 1994 generated much concern among policy analysts regarding the role of macroeconomic policies in the management of capital inflows. A series of economic reform measures including liberalization of foreign capital inflows were initiated...

The relative role of economic growth vis-a-vis public action in raising living standards in developing countries has been a point of contention for quite some time now. The arguments on both sides are usually based on some estimated relationship between indicators of living standard and other...

This paper puts forward the argument that the living arrangement of a disabled individual, or her/his marital status in particular, can be taken as a proxy for some very important functionings that constitute her/his well-being, viz. emotions (being able to have attachments to others, able to...

The purpose of this paper is to examine the poverty situation in West Bengal in a multidimensional framework and to explore possible strategies towards reduction of poverty in the state, keeping in view the Millenium Development Goals (MDGs). [IDSK OP 20].

Measuring well-being of an Individual based on his/her levels of functionings raises the following problem; Two vectors representing two individuals' achieved levels of functionings cannot be ranked unless one vector dominates the other, One solution is to combine the elements of vector into...

The economist’s conceptualisation of inequality in terms of interpersonal distribution of income or wealth, and the tradition of measurement of inequality that follows from this conceptualisation have not paid adequate attention to the need for reckoning inequality across social groups....

This paper is about the discursive aspects of reform debates, more particularly about their rhetorical forms. In the debates on economic reforms in India, communities of scholars seem to have been talking past each other, each side equally convinced that it has the ‘Truthâ€. Persistent...

This paper aims to demonstrate that the economic behaviour of ordinary men and women in the pre-colonial Deccan was as much ‘capitalistic’ as that of similar agents in contemporary Europe. The difference in the economic trajectories of the two societies can be reduced to different...

*Bank Rate kept unchanged *Cash Reserve Ratio to be increased by 50 basis points to 7.0 per cent with effect from the fortnight beginning August 4, 2007 *GDP growth projection for 2007-08 retained at around 8.5 per cent, barring domestic or external shocks