Inward FDI flows over 2000-01 from many source countries into India, one of the fastest growing large developing economies in the period, have been explained by an extended gravity model and the an extended allometric models by incorporating other variables such as common language, tax status,...

This note raise many policy issues related to real estate and the urban sector. Urban issues and the very high cost of real estate in India have deep rooted problems that have their origin in the policy, law and working of government. The potential of high growth to deliver benefits to people...

The concession agreement for the modernization and operation of Indira Gandhi International airport in Delhi and Chhatrapati Shivaji International airport at Mumbai respectively is referred to as Operation Management and Development Agreement (OMDA). The OMDA was a part of a set of transaction...

Over the last year and a half, the real value of the rupee has been going up. Neither the government in its budget or otherwise, nor the RBI, seems to be concerned about the deleterious effects of the same on export growth. Both government and the RBI plan to strive for capital account...

This paper attempts to delineate the possible role of goverance oriented reform in India today. We raise conceptual and historical difficulties with the notion that sees governance failure as the cause of poor economic performance. We discuss why there are certain regularities in the occurance...

This study argues that structural factors – principally population per capita income and population density – can explain a significant proportion of the variation in openness defined as (exports + imports)/gross national production. It also provides a conceptual and theoretical basis for...

The eighties have witnessed major changes in the phenomenon of foreign direct investments (FDI). There have been major shifts their sources and destinations. Japan became an important source, the US the largest host for inward FDI both of Japanese and Western European based FDI. The important...

The nature of governance has differed widely across societies, and what is more interesting, within any particular society depending upon the stage of development. Governance is better defined in functional rather than in value terms. Functional governance aids and abetts industrialisation....

Exports from small firms are analysed and the constraints in expansion and growth of exports from the sector are brought out. A large primary survey of over 1200 firms is used to bring out experiences of small firms. Small firms would have to have a major role in exports from India, because only...

Special economic zones following the enormous success of China have been widely imitated. But it is to be entirely anticipated that the results would vary greatly. Earlier avatars of SEZs in the form of Foreign Trade Zones (FTZs) and Export Promotion Zones (EPZs) were important in the export led...