The lecture focuses on some implications -- both positive and normative -- of the most surprising development in the international financial system over the last half dozen years. That development is the large flow of capital from the world’s most successful emerging markets to the...

Using the case of Delhi and drawing on examples from other metropolitan cities, this paper attempts to understand the factors that have led to the rise of middle class neighborhood associations and their subsequent advent into formal politics. [AI Working Paper No. 4].

This paper focuses on two specific social funds, those in Zambia and Malawi, to consider the possible contribution of social funds to decentralisation of government administration. Both social funds have a strong commitment to the community signified in direct disbursement to the community. Both...

The Finances of the PRIs are looked into. The role of 13th Finance Commission is explained. Some ‘learnings’ from International experience is given.

This paper uses political reservations for women in India to study the impact of women’s leadership on policy decisions. In 1998, one third of all leadership positions of Village Councils in West Bengal were randomly selected to be reserved for a woman: in these councils only women could...