Most developing countries continue to face serious problems in developing adequate and responsive tax systems. This paper reviews the three principal ways in which developing countries may expand and improve their taxation systems - base-broadening, rate reduction, and administrative improvement...

Productivity growth has long been associated with, among others, contestability of markets which, in turn, is dependent on the ease with which potential competitors to the incumbent firms can enter the product market. There is a growing consensus that in emerging markets regulatory and...

This paper reviews the debate surrounding the “deeper determinants†of economic performance. It reviews the work of Institutional School and Geography School and their interpretation of the long-run development. The paper then examines the evidence provided by the respective schools in...

The speech tries to underline some lessones that be drawn from the financial crisis relevant to regulation, financial markets and the market infrastructure and to reflect on these. [Annual Conference of Foreign Exchange Dealers’ Association of India (FEDAI) at Kolkata].

This is an initiative by the Planning Commission to formulate “Common Guidelines for Watershed Development Projects in order to have a unified perspective by all ministries.These guidelines are therefore applicable to all watershed development projects in all Departments / Ministries of...

A case study in Goa is used to examine whether tenure security and asset re-distribution can lead to environmentally sustainable outcomes.

In this context, higher education as well as research and development (R&D) have long since ceased to be purely the domain of the developed Western economies. Numerous regions of the world, some in the emerging markets in particular – the often-cited BRIC countries – are catching...

This study analyses the behaviour of monetary and fiscal policies interaction in India using quarterly data for 2000Q2 to 2010Q1. It finds that, even after the elimination of automatic monetisation of fiscal deficit in 1997 and prohibiting RBI from buying government securities in the primary...