An attempt is made to identify the determinants of yield spreads between the State and Central government securities in a panel data framework as has been used in several cross-country studies. This study examines the potential impact of fiscal as well as market related factors on the yield...

Establishing a debt management office would consolidate all debt management functions in a single agency, and be the catalyst for wider institutional reform and transparency about public debt. It is internationally accepted best practice that debt management should be disaggregated from monetary...

The Reserve Bank of India, in its Annual Policy Statement on April 28, 2005, for the year 2005-06, announced its intention to reorient government debt management operations entailing functional separation between debt management and monetary operations within RBI. This first step initiating the...

The current century has witnessed every country locked in a hot race to increase its national power through peaceful development, which made Koreans ever more desirous of peace. But why has the Korean Peninsula, contrary to this desire, been haunted by the ghost of war for more than half a...

The study examines the manner in which India is engaged in constructing a credible and stable deterrence relationship with two of its nuclear armed adversaries, Pakistan and China with an arsenal much smaller, and command and control structures far simpler than in any of the P-5 nations.

In this paper the evolution of beer consumption is analyzed between countries and over time. Historically, there have been major changes in beer consumption in the world. In recent times, per capita consumption has decreased in traditional “beer drinking nations†while it increased...

Organizing Empire: Individualism, Collective Agency, and India. By Purnima Bose; Duke University Press, Durham and London, South Asian Reprint, Zubaan, New Delhi, 2006.

Review of Erika Langmuir Imagining Childhood. New Haven: Yale University Press, 2006. 256 pp. Illustrations, notes, index. $55.00 (cloth), ISBN 978-0-300-10131-7.

In tribute: Gautam Chattopadhyay's life and times.