Much attention has been focused on the BICs (that is, Brazil, India and China) and how they are changing global politics and economics. However, there is also a further tier of emerging, or new, middle powers ‘beyond the BICs' that are playing a more prominent role in regional and global...

Microfinance as the best way of tackling poverty is under attack. It has been accused of failing to help the poor, of treating its clients badly, of charging high interest rates and of encouraging poor people to take on excessive debt burdens. The authors examine these issues, and find that...

While it might be expected that schooling will depend positively on the economic returns to education (ER) in the local labor market, in fact there is theoretical ambiguity about the sign of the schooling-ER relationship when households are liquidity-constrained. Whether the relationship is...

India's development experience over the past fifty years suggests that the increasing importance of the services sector deserves analysis.  The literature on structural change has emphasised changing patterns of demand as an explanation for the increasing importance of the services sector.  In...

While use of contract teachers provides a low-cost way to increase teacher numbers, it raises the quality concern that these less trained teachers may be less effective.  We estimate the causal contract-teacher effect on student achievement using school fixed effects and value-added models of...

Using new and unique panel data, we investigate the role of long-term health and childhood malnutrition in schooling outcomes for children in rural India, many of whom lack basic numeracy and literacy skills.  Using data on students' performance on mathematics and Hindi tests, we examine the...

This paper identifies the effect of neighborhood peer groups on childhood skill acquisitions using observational data.  We incorporate spatial peer interaction, defined as a child's nearest geographical neighbors, into a prodiction function of child cognitive development in Andhra Pradesh,...

This paper revisits the issue of the intra-household of education with the recently available India Human Development Survey which refers to 2005 and covers both urban and rural areas.  In addition to the traditional Engel method, the paper utilizes a Hurdle model to disentangle the decision to...