China’s expected growth slowdown - from 10.3 per cent yoy in 2010 to 8.9 per cent this year and 8.3 per cent in 2012 - will impact the global economy. An in-depth look at how important China really is for the rest of the world. Also, potential speed bumpers ahead that might lead to...

The cross-country empirical literature on the finance-growth relationship has debated three propositions: (i) financial deepening has a strong impact on the growth process; (ii) measures of financial “activity†rather than the “size†of the sector plays a more significant...

The relationship between market value and innovation in the context of manufacturing firms in India was analysed, using data for 2001-2010. In a milieu where most firms do not patent, the concern was whether ‘small’ innovations would be valued by the stock market. [Working Paper No....