Some recent empirical research suggests that the implementation of policy reforms is largely dependent on domestic political economy factors. This finding is taken to suggest that aid and adjustment lending should only be provided to those countries that, on the basis of certain characteristics,...

This paper analyses the extent of inequality amongst the major states of India over nearly two decades. It reviews various theoretical propositions for possible convergence and divergence and argues that while the evidence from the more developed countries supports the case of convergence the...

This paper argues that the future of composite indices of development such as the Human Development Index depends on how successfully they become operational and this is more likely to be possible at the country level for a variety of reasons. With this in mind the paper proposes a method and a...