Over the last few decades India has emerged as an economic giant. In 2000 the Special Economic Zone (SEZs) policy became part of a strategy to maintain high growth and promote India’s manufacturing sector. However, India’s current SEZ policy does little to strengthen India’s...

The paper attempts to analyse the emerging contours of regulation of financial institutions with an emphasis on the emerging challenges and dynamics. [Paper prepared for Financial Stability Review of Bank of France].

One of the burning issues at the moment relates to increasing the “voice†or representation of emerging-market economies in international financial institutions such as the IMF and World Bank. There are many issues and challenges facing the monetary policy in emerging markets. In the...

The aim of this paper is to examine the driving forces behind China’s military modernization efforts followed by an assessment of the goals and foci of China’s military modernization at present and in the foreseeable future. The paper concludes with an analysis of the...

Governments frequently compartmentalize issues of reform and reconstruction into separate strategies and separate ministries (the fate of poverty reduction as well). Donors do likewise, for each has its own responsibilities; the IMF focuses on reform, the UN concentrates on conflict resolution...

This paper compares the latest estimates of poverty (1999–2000) made by the Planning Commission with earlier estimates of the 1980s and 1990s, focusing on the methodology and database used for estimation. It extensively reviews the attempts by Angus Deaton (2003a, b, and c), Sundaram and...

Competition law is different from other branches of law. It is not about the fairness or morality to be instilled in the actions which mark societal behaviour. Instead the rules of competition reflect economic principles, designed to render the operation of the markets in a manner beneficial to...