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Agarwal, Ruchir; Arbatli, Elif C.; Fisher, Lesley; Han, … - 2022

India’s recently announced privatization strategy can facilitate a change in the composition of the public sector … description of the SOE sector in India, consider different criteria which can inform the scope and rationale for privatization. It … also highlights takeaways from international experience with privatization, highlights the importance of improved …

Persistent link: https://www.econbiz.de/10013492000

Inequality and Locational Determinants of the Distribution of Living Standards in India

Loungani, Prakash; Balasubramanian, Sriram; Kumar, Rishabh - 2021

Using 2011-12 consumption micro-data, we find that nearly one-third of the variation in living standards in India can be explained by location alone. Consumption levels and locational inequality are positively related. In effect, from an individual’s perspective, living standards are higher in...

Persistent link: https://www.econbiz.de/10013226444

Pandemic, Poverty, and Inequality : Evidence from India

Bhalla, Surjit; Bhasin, Karan; Virmani, Arvind - 2022

The paper presents estimates of poverty [extreme poverty PPP$1.9 and PPP$3.2] and consumption inequality in India for each of the years 2004-5 through the pandemic year 2020-21. These estimates include, for the first time, the effect of in-kind food subsides on poverty and inequality. Extreme...

Persistent link: https://www.econbiz.de/10013291176

Inflation and Income Inequality : Is Food Inflation Different?

Walsh, James P. - 2015

There is an extensive literature noting that high inflation can add to income inequality, and a parallel literature assessing the effect of rising food prices on the poor. This paper attempts to combine these strands by dividing inflation into food and nonfood inflation and assessing whether...

Persistent link: https://www.econbiz.de/10013036638

Inequality and Poverty in India : Impact of COVID-19 Pandemic and Policy Response

Arbatli, Elif C.; Coppo, Mattia; Khalil, Nasser; … - 2023

Using microdata from nationally representative household and labor force surveys, we study the impact and drivers of poverty and inequality in India during the pandemic. We have three main findings. First, India has made significant progress in reducing poverty in recent decades, but the...

Persistent link: https://www.econbiz.de/10014349469

Disentangling India's Investment Slowdown

Anand, Rahul - 2014

This paper documents the recent slowdown in investment in India and explores its underlying causes. The sharp investment deceleration has sparked an intense debate about the role of interest rates, as well as business confidence and economic policy uncertainty. Our results suggest that while...

Persistent link: https://www.econbiz.de/10013055667

In the Eye of the Storm Firms and Capital Destruction in India

Pelli, Martino; Tschopp, Jeanne; Bezmaternykh, Natalia; … - 2021

This paper examines the response of firms to capital destruction, using a new measure of firmexposure to tropical storms as a negative exogenous shock on firms' capital stock. Drawing on apanel of Indian manufacturing firms between 1995 and 2006, we establish that, depending on theirstrength,...

Persistent link: https://www.econbiz.de/10013315091

Accelerating and Sustaining Growth : Economic and Political Lessons

Virmani, Arvind - 2013

The paper reviews and draws lessons from the experience of fast growing economies including a sub-set of these termed High Growth Economies (HGEs) with a decadal rate of over 7 per cent. It then reviews the history of the Indian growth acceleration following the reforms of the 1990s and its...

Persistent link: https://www.econbiz.de/10013089785

India's Recent Macroeconomic Performance : An Assessment and Way Forward

Kapur, Muneesh - 2014

The macroeconomic policy response in India after the North Atlantic financial crisis (NAFC) was rapid. The overshooting of the stimulus and its gradual withdrawal sowed seeds for inflationary and BoP pressures and growth slowdown, then exacerbated by domestic policy bottlenecks and volatility in...

Persistent link: https://www.econbiz.de/10013053046

India : Defining and Explaining Inclusive Growth and Poverty Reduction

Anand, Rahul - 2014

We document the evolution of poverty and inequality across Indian states during the recent period of rapid growth (2004-09), and examine the role of growth and distribution in reducing poverty. Robust economic growth has been a major driver of poverty reduction and inclusiveness in India. We...

Persistent link: https://www.econbiz.de/10013053957