In 2016, Stanford Economist John Cochrane correlated economic growth (using the variable GDP Per Capita) and ease of doing business (using the World Bank’s Distance to Frontier score, which is now called the Ease of Doing Business score). He found a tight positive correlation between the business ...
Shamika Ravi, Visiting Fellow at IDFC Institute, is quoted in this BusinessWorld aritcle on why women are essential to financial inclusion. Excerpts:
"Dr. Shamika Ravi, Senior Fellow at Brookings India said, 'Gender audit of Jan Dhan Yojana, Aadhar and Mobile is needed to give us ...
Is India's economic slowdown a passing phase or the new normal? Praveen Chakravarty, Visiting Senior Fellow at IDFC Institute, Sajjid Chinoy, Chief Economist at JPMorgan India, and Ajit Ranade, Chief Economist of the Aditya Birla Group debate the issue. Excerpts:
"Export Hit to Ma...
The Ease of Doing Business Report, due to release on Monday 28th August 2017, is based on a survey done on 3,500 manufacturing firms in 2016. The survey finds that labor regulations are a bigger constraint for labor intensive firms. Citing examples, the survey also says that compared with other...
Vivek Dehejia, Senior Fellow at IDFC Institute, moderated a conversation between NITI Aayog Vice-Chairman Arvind Panagariya and RBI Governor Urjit Patel. The discussion revolved around the immediate reforms that should be undertaken by the government to give the economy a boost.
&nb...
Dr. Rajiv Lall, MD & CEO IDFC Bank, spoke on financial inclusion and the Indian economy at a Speaker Series session at the Meghnad Desai Academy of Economics. He shared insights into the emerging technology trends which IDFC Bank is fast executing to widen the reach of financial i...
Praveen Chakravarty and Vivek Dehejia's article on economic divergence between the rich and poor states in India, gets cited in the Entry Tax Case judgement by Justice Bhanumathi.
"India is the only large country in the world today that is experiencing an economic divergence among its State...
Montek S. Ahluwalia, in this Livemint article, explains why demonetisation is only a piece of the puzzle to tackle corruption and black money, and is likely to have an adverse effect on GDP and low-end employment. Moreover, Ahluwalia advises several steps to significantly improve the proce...
Niranjan Rajadhyaksha, in this Livemint article, discusses some broad issues that deserve immediate attention in the wake of the currency reform. Shedding light on the economic processes that result from this exogenous shock, Rajadhyaksha cautions against jumping to quick conclusions,...
In the book "Economic Growth in Developing Countries," Mohan Lakhera writes that "Growth paths differ radically across countries, depending on the pace and the pattern of their individual structural transformations."
The excerpts below, from the chapter "Growth and Struc...
