This paper studies the evolution of the rural non-farm sector in India and its contribution to the decline of poverty. It scrutinizes evidence from a series of nationally representative sample surveys and confronts findings from these sources against the experience of poverty decline in a...

As India integrates into the global economy, its villages are integrating into a rapidly growing urban economy. One of the links through which this is happening is labour markets, where demand for labour to undertake non-farm jobs has been growing. This has led to a rise in the share of non-farm...

This work is based on a programme of work in Palanpur from 1974, based primarily at the LSE, and uses two previous studies from the Agricultural Economics Research Centre of the University in Delhi from 1957/8 and 1962/3. There are now six surveys of the village, one for every decade since...

The recent rapid growth of China’s economy has reopened historical debate about the extent to which it prospered during the Míng and Qīng dynasties (1368-1911) through developing a significant market orientation on the base of its underlying agricultural bureaucratic feudalism. As a...

This paper studies the variable impact of the global economic crisis on the post-communist countries of South East Europe and Turkey. The central question is whether the institutional reforms introduced in the former group of countries during the transition period have improved their ability to...

This paper considers how environmental policies should respond to macroeconomic downturns. It first explores the implications of the global economic downturn of 2008-09 for environmental policies, focusing in particular on the example of action against climate change. The arguments for and...

The paper draws lessons from the experience of the past year for the conduct of central banks in the pursuit of macroeconomic and financial stability. Macroeconomic stability is defined as either price stability or as price stability and sustainable output or employment growth. Financial...