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...

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...

The recent increase in the number of criminally accused politicians elected to state assemblies has caused much furor in India. Despite the potentially important consequences and the widely divergent views, the implications of their elections to state legislative assemblies on constituency-level...

The newly independent Timor-Leste has established itself as one of the fastest growing economies in Asia and the Pacific. A concentration of economic activity in the capital has, however, raised the concern that the better off members of society are capturing most of the benefits. This study...

As per the balance of payments constraint hypothesis, in an open economy, achieving a high long-run rate of growth would require a country to reduce its balance of payments constraint through an improved export performance, and the production of import substitutes, which would lower the income...

The study proposes to evaluate the impact of the current financial crisis on remittances received by three South Asian countries, namely Pakistan, Bangladesh and Sri Lanka. The objective is twofold: to forecast the impact of change in remittances on the growth of these countries (macro level...

Goods and service tax (GST) introduced as a ‘good and simple tax’ on 1 July 2017 by the Modi government is the boldest measure of tax reform so far in India. The major aim of this paper is to evaluate the micro and macro impacts of the goods and services taxes (GST) using a dynamic...

India has a combination of religious, caste and linguistic heterogeneity incomparable to any country in the world. This paper reviews the literature of how these various phenomena have interacted with the Indian economy. Results are disheartening. India has an entrenched caste system that...

India being an agro based economy with the second highest farm output in the world needs more sustainable growth in this area. The public private partnership is one step towards attaining holistic growth. The government alone is not the answer to everything, the need is more than the capital...

Poor persons in poor countries are greatly exposed to the risk of adverse shocks, many of international origin, which can create long-lasting damage to individual well-being. There is a strong moral and prudential case for taking measures which reduce the extent to which such shocks arise and...