This paper examines how prices, markups and marginal costs respond to trade liberalization. Multi-product firms are used in the study. [BREAD WP No. 418].

A lively debate is taking place over the impact of free trade agreements (FTAs) on East Asia's business between those who view the agreements as a harmful Asian "noodle bowl"—i.e., overlapping regional trade agreements—of trade deals and others who see net beneficial effects in...

The study seeks to answer two very basic questions in the Indian context: first, are there economies of scale and scope in Indian banking? In other words, are bigger banks better for India? And, second, to what extent has the domestic impetus, i.e., financial-sector policy reforms during the...

Do the short and medium term adjustment costs associated with trade liberalization influence schooling and child labor decisions? This question is examined in the context of India's 1991 tariff reforms. Overall, in the 1990s, rural India experienced a dramatic increase in schooling and decline...

This study attempts to provide an analysis of the gender concerns of the proposed EU India FTA in the field of agriculture and suggest policy changes both in the FTA text as well as in domestic policy. [Paper III].

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...

Using exogenous variation in the salaries of local legislators across Brazil’s municipal governments this paper examines whether higher wages attract better quality politicians and improve political performance. The analysis exploits discontinuities in wages across municipalities induced...

Th is study, which is supported by the ministries of fi nance and the central banks of the BRICS, focuses on synergies and complementarities between the economies, highlighting their role as growth drivers of the world economy. Th e emphasis is on best practices, areas of cooperation, and...