During the recent period, many countries compete with each other to attract foreign investment. When MNCs invest in a host country, it is assumed that a part of their technology spills to the host country firms. But empirical studies on spillover effects of FDI have failed to find robust...

Allocations to the budget for health appear to be impressive but a closer look shows that this is not so, especially taking into consideration the high inflation rate in the previous year. A substantive criticism is presented on allocation to HIV/AIDS, polio eradication, and leprosy control...

The budget 2006-07 proposals in health care fell well short of India’s march towards achieving Millennium Development Goals(MDGs), the National Health Policy (NHP) goals and fully operationalising the National Rural Health Mission. Two questions still remain: (a) when will the urban bias...

Dualism is a pervasive feature of the manufacturing sectors of less-developed countries, with large differences in productivity between the informal and the formal sectors. Policy distortions are viewed as an important factor behind the prevalence of manufacturing dualism. We examine whether...