Even before the onset of the 2008 global financial crisis and ongoing European debt crisis, much attention has been given to the re-emergence of the Asian giants, the People's Republic of China (PRC) and India. Both countries have attained unprecedented growth and economic development-PRC and...

There does not, in status quo, exist a unified measure of development adequately representing the multiple dimensions of progress of a Society. In this project, we present the ASEPI, whose disaggregated components represent individual dimensions of Socio-Economic Progress. Computing the ASEPI's...

In a country where two out of five citizens, about 450 million people, live in poverty, it is no exaggeration to say that the development experience of Kerala – a coastal state on the southwestern tip of India – stands out as extraordinary. Despite a history of anemic economic growth, this...

This paper attempts to propose some salient banking reforms 3.0 for India and analyses the policies, approaches, and challenges for Indian banking in alignment with clamor for economic reforms 2.0 for India. I start with a brief history of banking regulation in India and then move on to outline...

This paper analyses the need, significance and the advantages of ‘reforms in institutional finance for inclusive growth' in the context of Indian economy and offers some practicable suggestions from the functional perspective. India's Rural Financial Architecture (RFA) is subject to systemic...

Development economists generally concur that the implications of economic reform for employment are influenced by an economy's institutional framework. This paper examines the extent to which differences in regional labour market flexibility shaped the impact of unanticipated economic reforms on...

This study considers the impact of macro-institutional environments, and alterations in such environments, on organizational level behavior and performance. Specifically, it examines the relationship between firm age and growth for a large sample of Indian firms. Firms are classified as falling...

This study considers the impact of macro-institutional environments, and alterations in such environments, on organizational level behavior and performance. Specifically, it examines the relationship between firm age and growth for a large sample of Indian firms. Firms are classified as falling...

This paper studies the 1991 reforms, as the beginning of the transition towards a market economy from the socialist policies in the first four decades of the Indian republic. Tracking the major reforms in the three decades since 1991, I argue that economic control and statist policies are the...