H.E Finance Minister’s Speech for Mishrano Jirga. [Ministry of Finance, Afghanistan]. URL:[http://mof.gov.af/Content/files/HE%20Minister%20Speech%20to%20Mishranow%20Jirga-%20English%20after%20review.pdf].

Motivated by the concern that the recent surge in inflation could retard growth, the paper revisits the nexus between inflation and growth from the perspective of an emerging economy, India. Examining this relationship using a wavelet multi resolution analysis with varying time scale...

The emergence of a large and dynamic middle class raises Asia’s profile as an attractive market destination for products ranging from consumer goods to financial services. There are even hopes that the Asian consumer will replace the US as “world consumer of last resortâ€,...

This paper studies the medium run consequences of an increase in the rate of accumulation of human capital in a developing country. From 1974 to 1978, the Indonesian government built over 61,000 primary schools. The school construction program led to an increase in education among individuals...

Available evidence suggests high intergenerational correlation of economic status, and persistent disparities in health status between the rich and the poor. This paper proposes a novel mechanism linking the two. Health human capital is introduced into a two-period overlapping generations model....

The paper examines child labour, lower schooling attendance and attainment, and significantly elevated fertility in families vulnerable to debt bondage.

In line with the perspectives of human capital, human development and human rights, this paper conceives education to be the basic right of children and re-christens all children who are not in school including child labourers and ‘no-where children’, as educationally deprived...

The proposition that social capital expands household welfare is tested by estimating the effects of social interactions on per capita expenditure among a sample of 810 households in northern Bangladesh. Using data from BRAC’s 2004 Social Capital Survey, ordinary least square (OLS)...

The role of education in economic development has been recognised for quite some time in mainstream economic literature. Divergence between the private and social rate of return from education is the rationale for intervention by the state in ensuring equity in opportunity across the population....

Using product-level data on exports from different cities within China, this paper investigates the contributing factors to the rising export sophistication. [WP no. 226].