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/].

In tribute, a brief note on the rich intellectual trajectory described by I. G. Patel

This note seeks to show that the debate on ‘Pro-Poor Growth’ is sterile and largely academic with few policy insights.

A major reform process in the Indian economic policy regime away from a four- decade-long inward orientation has been under way since July 1991 in response to a serious macro-economic crisis. The new policy regime aims at liberalising regulations on domestic economic transactions (including...

Use of Macroeconometric models has by now assumed a measure of universality as an unavoidable aid to forecasting and policy analysis; challenges and controversies spread over more than two decades notwithstanding. While such models are typically designed and utilised for dealing with short term...

Hans Wolfgang Singer, development economist, died on February 26 2006. Singer's best known work relates to the declining terms of trade experienced by developing countries. First published in 1949, it tracked the long-term decline in terms of trade between developing and developed countries and...

Tignor’s book attempts to give us the measure of the man in his professional life, with enough insight into personal development to help in this task. Lewis comes across as a man of brilliant insight and clear thinking, a man of principle and integrity, but a man of deeply personal...

Why is underdevelopment so persistent? One explanation is that poor countries do not have institutions that can support growth. Because institutions (both good and bad) are persistent, underdevelopment is persistent. An alternative view is that underdevelopment comes from poor education. Neither...