Despite numerous empirical studies examining various facets of the topic, the degree of intraregional financial integration in East Asia remains a matter of vigorous debate. This paper offers a selective survey of the recent empirical literature on financial integration, the focus being on...

The post-Kim Jong Il situation on the Korean Peninsula remains tense. This year will be a critical year for the peninsula. Will the new North Korean leadership be successfully stabilized or not? The upcoming presidential election in South Korea will have a great impact on the security situation...

India's has been a unique path of economic development—internally decided in a democratic framework, constantly debated between different ideologies and interest groups, and increasingly engaging with the world. The ultimate result is uniquely Indian. India has achieved a respectable...

This essay provides a game-theoretic, endogenous view of institutions, and then applies the idea to identify the sources of institutional trajectories of economic development in China, Japan, and Korea. It stylizes the Malthusian-phase of East Asian economies as peasant-based economies in which...

The paper examines the urbanization pattern with context of India. The paper deals with various demographic aspects of urbanization. Also the paper focuses on characteristics and classes of cities, and poverty and slums. [Working Paper 141]. URL: [http://fgks.in/IndexServer/tifac/article/141.pdf]

Competition law is different from other branches of law. It is not about the fairness or morality to be instilled in the actions which mark societal behaviour. Instead the rules of competition reflect economic principles, designed to render the operation of the markets in a manner beneficial to...

Developing Asia is the driver of today's emissions intensive global economy. As the principle source of future emissions, the region is critical to the task of global climate change mitigation. Reflecting this global reality and a range of related domestic issues, the governments of the People's...

Over the last few decades India has emerged as an economic giant. In 2000 the Special Economic Zone (SEZs) policy became part of a strategy to maintain high growth and promote India’s manufacturing sector. However, India’s current SEZ policy does little to strengthen India’s...

Governments frequently compartmentalize issues of reform and reconstruction into separate strategies and separate ministries (the fate of poverty reduction as well). Donors do likewise, for each has its own responsibilities; the IMF focuses on reform, the UN concentrates on conflict resolution...

This paper compares the latest estimates of poverty (1999–2000) made by the Planning Commission with earlier estimates of the 1980s and 1990s, focusing on the methodology and database used for estimation. It extensively reviews the attempts by Angus Deaton (2003a, b, and c), Sundaram and...