This paper discusses the environmental externalities that are commonly found in the developing world (the environmental regime) along with the policy responses, if any, commonly used to deal with these. Included are the effects of industrial emissions, air and water quality impacts of untreated...

In the context of rural India this paper focuses on six questions. a) Does gender of the elected representatives’ matter; specifically do political reservations help in reducing vulnerability? b) What will be the impact of regime changes on resource re-allocation and on household consumption?...

Partly as a result of the Fiscal Responsibility Act (passed in 2003) the gross fiscal deficits of both central and state governments were in good order. Indeed, both central and state governments were running primary surpluses in 2006-07 and 2007-08. Partly as result of the stimulus enacted to...

Abstract This paper purports to review the performance of the Debt for Nature Swap (DNS) Programs in light of their dual objectives of lowering deforestation rates as well as the cost of debt servicing. It evaluates the performance of private and Public DNS and inquires whether such swaps have...

Until very recently and despite human capital’s pre-eminent and empirically established contribution to economic growth, Indian policymakers planning for economic development concentrated largely on issues of capital, labour and, to a lesser extent, technology. This paper argues that India’s...