Policymakers have placed growing weight on the importance of integrated approaches for tackling complex development challenges. There have also been increased calls to focus attention and resources on addressing the specific challenges posed by borderland regions, considering that protracted...

We study whether the effects on registered manufacturing output of dismantling the license raj - a system of central controls regulating entry and production activity in this sector - vary across Indian states with different labor market regulations and different nancial development. To guide...

This paper uses the standard one-sector neoclassical growth model to investigate why China’s consumption has been low and investment high. It finds that the low cost of capital has been quantitatively an important factor. Theory predicts that the price of capital may have been significantly...