Agriculture is the largest and the most important industries in many developing countries. A typical pattern observed in these countries is high inequalities of land ownership, that is, a small number of people own large portion of arable lands and large number of farmers have a small piece of...

We make use of a new and detailed database on FDI approvals since the early 1990s to address two major issues related to FDI and regional development in India in the post-reform period. First, we analyze the location choices of foreign investors. The evidence indicates that the concentration of...

The paper reviews India's macroeconomic performance and policies since 2000. The first section briefly summarizes key macroeconomic developments regarding economic growth, inflation, external balance, the fiscal situation and aggregate savings and investment. The second section considers some of...