Motivated by the concern that the recent surge in inflation could retard growth, the paper revisits the nexus between inflation and growth from the perspective of an emerging economy, India. Examining this relationship using a wavelet multi resolution analysis with varying time scale...

The emergence of a large and dynamic middle class raises Asia’s profile as an attractive market destination for products ranging from consumer goods to financial services. There are even hopes that the Asian consumer will replace the US as “world consumer of last resortâ€,...

H.E Finance Minister’s Speech for Mishrano Jirga. [Ministry of Finance, Afghanistan]. URL:[http://mof.gov.af/Content/files/HE%20Minister%20Speech%20to%20Mishranow%20Jirga-%20English%20after%20review.pdf].

Available evidence suggests high intergenerational correlation of economic status, and persistent disparities in health status between the rich and the poor. This paper proposes a novel mechanism linking the two. Health human capital is introduced into a two-period overlapping generations model....

This paper investigates whether industrial dispersal policy is more potent or the natural and agglomeration cost advantages are important in influencing locational choice of a firm. To carry out the analysis, an agglomeration measure given by Ellison and Glaeser is computed for 66 manufacturing...

Clusters are groups of firms, related actors, and institutions that are located near one another and that draw productive advantage from their mutual proximity and connections. This paper studies the ways of managing white spaces to make a cluster innovative....

This paper uses firm level panel data to investigate empirically the effects of direct foreign investment (DFI) on the productivity performance of domestic firms in three emerging economies of Central and Eastern Europe, Bulgaria, Romania and Poland. To this end a unique firm level panel data...