There are two different opinions about India’s import liberalization surfaced in the recent global financial crisis era. Some expressed India to be one of the highest trade restrictive economies and others appreciated India for lowering import tariffs and making trade free. This empirical...

The paper discusses the progress of Indian economy and its policies since the broad-based structural reforms initiated in 1991 with a special focus on the recent downturn following the global financial crisis. The paper is structured into two parts: first part discusses the major economic and...

The paper contributes to the contemporary research on bank efficiency in India. We analyze the efficiency dynamics of the Indian banking industry from 2004 to 2012. Based on the recent methodological developments of the conditional and unconditional directional distances introduced by Daraio and...

This paper provides an overview of the impact of the global financial crisis (GFC) on the Indian economy. It identifies the channels through which the GFC has impacted the Indian economy and evaluates the stimulus packages that have been put in place by the government of India. Finally, the...

Presentation shows the global financial crisis, the difference between US, Europe and India, RBI’s policy response and impact, lessons from the crisis, medium-term issues and challenges. [Speech delivered at London Business School].

Purpose – The purpose of this paper is to explore the implications of the Global Financial Crisis (GFC) on Public Private Partnership (PPP) markets around the world. Specifically, it aims to highlight the extent of over reliance on debt finance, as well as the conditions needed to attract...

Purpose – This paper is based on a keynote presentation at the 2nd Pan IIM World Management Conference hosted by the Indian Institute of Management (IIM) in Kozhikode (IIMK) in November 2014. Design/methodology/approach – This paper draws lessons from the “Global” Financial Crisis for...

This study investigates the impact of global crisis shocks on India’s trade and industry. We use both panel data modeling and vector autoregression techniques to understand the dynamic effects of global crisis shocks on Indian industry and trade. The estimated results of...

This study investigates the impact of global crisis shocks on India’s trade and industry. We use both panel data modeling and vector autoregression techniques to understand the dynamic effects of global crisis shocks on Indian industry and trade. The estimated results of...

Trust among agents (or persons) involved in the process of innovation is intrinsic to successful innovation. An examination of the firm’s trust in its agents at various stages of the innovation process will therefore contribute practical insights into best business practices, as well as policy...