This paper focuses on both expanding and refining the analytical scope of the “social†(or non-economic) aspects of chronic poverty, and thereby, to enhance efforts to respond more effectively to it. The argument in this paper proceeds as follows. In recognizing that poverty is...

Theoretical literature identifies two variants of crowding out in an economy–real and financial. The real (direct) crowding out occurs when the increase in public investment displaces private capital formation broadly on a dollar-for-dollar basis, irrespective of the mode of financing the...

This paper analyses the impact of domestic and external shocks on the Indian economy. A macro-modelling framework is developed that evaluates the impact of two domestic shocks (rainfall shortfall and fiscal profligacy) and three external shocks (oil price hike, world trade shock and capital flow...

The crowding-in phenomenon together with inter-sectoral linkages is used in this paper to examine the effect of higher public investment for agriculture on the stable growth of this sector as well as of the entire economy. [Working Papaer 201]. URL:[http://www.cdedse.org/].

This paper attempts to build an aggregative, structural,macroeconometric model for India. Investment and output in the model are disaggregated into four sectors namely(a) agriculture including forestry and fishery (b)manufacturing (c)infrastructure (d) service sector. The model emphazises the...

Budget for Children (BfC) is not a separate budget. It is merely an attempt to disaggregate from the overall budget, the allocations made specifically for programmes that benefit children. From 2000-01 to 2006-07, children received an average of 3.10 percent of the Union Budget. In 2007-08 their...

India’s National Rural Employment Guarantee Scheme (NREGS) is one of the largest public works programs globally. Understanding the impacts of NREGS and the pathway through which its impacts are realized thus has important policy implications. A three-round 4,000-household panel from...