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

The paper is an analysis of food aid, rising food prices and its implications.

Panel studies based on the same set of sample households or individuals at two points of time 5 or 10 years apart are time consuming and are relatively rare in social science research. Such a method, however, was used in the South Asia Migration study (SMS) conducted by the Centre for...

A brief introduction to Reserve Bank of India, followed by glimpses of the Indian economy. A detailed account of reforms in India’s financial sector, in particular, the banking sector, and financial markets [Speech delivered at the Central bank of Russian Federation].

King Gyanendra of Nepal took over as a king after the royal massacre incidence in 2007. But soon after taking the power people of Nepal were fed up of his authoritarian tendencies and the continuous unrest in the country. The brutality of king Gyanendra compelled political forces in Nepal to...

There are several themes which emerge from the comparative analysis of social security systems in Southeast Asia. Each country will need to address the limitations of their respective system in relation to each of the themes outlined. The first theme concerns the need for a multi-tier social...

Gender Development Index and Gender Empowerment Measure are two gender-based indicators provided by the United Nations Development Program. Population share of the genders enter the formulation of these indicators in such a way that it favours the better performing gender. This can lead to...

This paper uses variation induced by firm closures to explore the intergenerational effects of worker displacement. Using a Canadian panel of administrative data that follows almost 60,000 father-child pairs from 1978 to 1999 and includes detailed information about the firms at which the father...

There is an urgent need to reassess the arguments used in favour of scaling-up private-sector provision in poor countries. The evidence shows that prioritising this approach is extremely unlikely to deliver health for poor people. Governments and rich country donors must strengthen state...