The report of the Expert Committee provides a broad overarching framework for guiding the policies governing the production and use of different forms of energy from various sources. It makes specific recommendations on a very large range of issues. The report is a valuable input into policy...

This paper provides a robust normative evaluation of the spectacular growth episode that India has experienced in the last 15 years. Specifically, the paper compares the evolution, between 1988, 1996 and 2001 of the distribution of several individual attributes on the basis of ethically robust...

The price volatility of agricultural commodities assumes critical importance in the context of the ongoing debate regarding agricultural trade liberalisation in India. The arguments against agricultural trade liberalisation are often based on the issue of larger volatility in international...

The States, relative to the Centre, have taken the centre-stage in the reform process since the areas of highest national priority now fall essentially within the purview of the States. The unique and productive partnership between the RBI and the State Governments in securing the progress of...

The purpose of this paper is to provide evidence, and argue, that stunning as India’s success is, the potential – and need – is for still more reform and more rapid growth. 8 percent is a good rate of growth, but many are destined needlessly to be left behind for years to...

Multilateral agencies and economists with much influence have been urging laissez-faire in agriculture. While success with the rich countries has been minimal despite the commitments under the WTO, many poor countries with much agricultural potential in the long run have been coaxed to adopt...

The report discusses for the first time the linkages between climate change and dam-building in the Himalayas, and comprehensively analyzes the impacts of the dam building spree on the region's people, ecosystems, and economy.

The emergence of China and India as economic giants has impacted the influence of Malaysia. Despite its remarkable economic and social success, Malaysia’s three main races – Malays, Indians and Chinese live increasingly separate lives. The Prime Minister Badawi government has...

This paper presents an overview of Indo-Japan cooperation since late 18th and early 19th century till date. In the light of the changing paradigm in India-Japan relations over the past several years, including the attempt to build a strategic and global partnership between them, this paper...

Use of Macroeconometric models has by now assumed a measure of universality as an unavoidable aid to forecasting and policy analysis; challenges and controversies spread over more than two decades notwithstanding.1 While such models are typically designed and utilised for dealing with short term...