The economic reforms in India are notable because of the development of private enterprises that are free from functionary management. In this country, the public sector needs renovation, since it makes a crucial contribution to national investment and growth. This article therefore, aims to...

While policies and institutional arrangements aimed at intensification and growth of the Indian agriculture sector are inevitable for the livelihoods and food security of the country's vast population, the inclusion of land-constrained farmers especially women, therein requires certain...

Despite having a low exposure to the toxic assets involved in the sub-prime crisis and a gradualist approach towards liberalization of the financial sector, certain parts of the Indian financial sector were significantly affected by the global financial crisis. The consequent tightening of...

Financial sector development can play a crucial role in driving economic growth. Innovation in the payment system can potentially impact output, prices, and monetary policy transmissions. However, there is a conspicuous lack of work on the role of the payment system in driving economic activity,...

This paper aims to identify the role of digitalization and infrastructure in two fast-growing Asian economies, namely India and the People's Republic of China (PRC), within the growth framework from1990 to 2019 by using panel 2SLS and the NARDL technique. The results show that internet and...

This paper examines how impatience interacts with inequalities in economic development. We consider two distinct groups of households (i.e., with intrinsic inequality), and show that (i) under decreasing marginal impatience (DMI), an unequal society may be preferable for poor households; (ii)...

Substantial evidence exists that economic inequality in Asia has been growing, but the dimensions of this inequality and its growth are far less clear. This paper evaluates inequality in household incomes per capita across various demographic groups in income surveys from six middle- and...

Although the overall economic performance of economies in South Asia in recent years has been impressive, there is concern that an aging and increasingly inadequate infrastructure may limit the potential for further growth and economic development. A critical infrastructure component is the...

Development economists have considered physical infrastructure to be a precondition for industrialization and economic development. Yet, two issues remain to be addressed in the literature. First, while proper identification of the causal effectiveness of infrastructure in reducing poverty is...