This paper argues that it is becoming increasingly difficult for most developing countries to achieve rapid growth through industrialization, and especially through export oriented activities. But the key mechanisms seen as driving the industrial take-off in much of the literature (internal...

The paper examines the urbanization pattern with context of India. The paper deals with various demographic aspects of urbanization. Also the paper focuses on characteristics and classes of cities, and poverty and slums. [Working Paper 141]. URL: [http://fgks.in/IndexServer/tifac/article/141.pdf]

This essay provides a game-theoretic, endogenous view of institutions, and then applies the idea to identify the sources of institutional trajectories of economic development in China, Japan, and Korea. It stylizes the Malthusian-phase of East Asian economies as peasant-based economies in which...

India's has been a unique path of economic development—internally decided in a democratic framework, constantly debated between different ideologies and interest groups, and increasingly engaging with the world. The ultimate result is uniquely Indian. India has achieved a respectable...

The Union Budget remains significant for the agricultural sector in the country for at least the following two reasons. First, the budget comes in the background of an agrarian crisis in the country, persistent since the late nineties, which also coincided with the period of a policy thrust on...

Railway Budget 2011-12.

The need for a National Nutrition Policy is implicit in both the paramountcy of nutrition in development as well as in tbe complexity of the problem. This general problem of under-nutrition should be see as a part of a larger set of processes that produces and consumes agricultural commodities...

Why do many households remain exposed to large exogenous sources of non-systematic income risk? Why don’t financial markets develop to pool these risks? This paper uses a series of randomized field experiments to test the importance of price and non-price factors in the adoption of an...