During the recent period, many countries compete with each other to attract foreign investment. When MNCs invest in a host country, it is assumed that a part of their technology spills to the host country firms. But empirical studies on spillover effects of FDI have failed to find robust...

A key driver of foreign investment in land, food security is a challenge mankind has been confronted with in various times and places. Wherever human societies have developed, growing needs have led to increasing arable land, and when land has been limited by nature or wars, food shortages...

Globalisation promises positive economic impact through faster growth, increase in foreign direct investment and poverty reduction. However, there are growing evidence showing that the undesirable effects of globalisation hit mostly the poorer countries particularly in Asia Pacific, Latin...

Household surveys from 13 developing countries are used to describe consumption choices, health and education investments, employment patterns and other features of the of the economic lives of the “middle classes†defined as those whose daily consumption per capita is between $2 and...

The study uses co-integration and vector auto-regression (VAR) techniques to identify the determinants of income velocity of money (VM) in Bangladesh, covering both narrow and broad money. The study observes that financial development affects VM negatively. The VAR estimates show that two...

The present speech analyses the significant role which can be played by the financial sector in spurring growth and expanding financial inclusion in NER. [CII Banking Collagium in Kolkata].

RBI has taken several steps to improve the processing of data. Information system will also be enhanced very soon. [Remarks at Reserve Bank of India at the 8th Statistics Day Conference, Mumbai].