Researchers Publication

One of the grimmest projections for the future of the earth as we know is the irreversible degradation of agricultural land caused by depletion of water bodies and climate change rendering it progressively unfit for cultivation within a span of less than a century. Where does that leave the Indian farmer who has been consistently...   Read More

Policy orientation in modern-age trade negotiations has progressively turned to non-price measures looking beyond tariff liberalisation  A better information system for domestic exporter will assist upgrade of domestic industry to meet global norms. (Reuters) Policy orientation in modern-age trade negotiations has progressively turned to non-price measures looking beyond tariff liberalisation. In the past India’s FTAs...   Read More

No doubt the rolling of GST is a right move towards making India into a one-market with one tax and with interstate barriers to trade being removed.  While GST is facing the teething problem with multiple rates a high cost of implementation it is expected that these problems would be sorted out paving a way...   Read More

We investigate the predictive power of Divisia monetary aggregates in explaining exchange rate variations for India, Israel, Poland, UK and the US, in the years leading up to and following the 2007-08 recessions. One valid concern for the chosen sample period is that the interest rate has been stuck at or near the zero lower...   Read More

A seemingly trivial but quite important piece of information came to the fore on 27th November 2017. The Maharashtra Government fearing backlash shelved the bill of labour reform that otherwise would have eased the burden of 37 234 factories reeling under unviable losses. Politicisation of labour issues is the crucial factor for denigrating the status...   Read More

Investment decisions of firms are centred on location choice investment magnitude and selection of industry. Of these information on location choice is the most asymmetric making it is imperative to inform potential investors regarding the characteristics and advantages/disadvantages of specific territorial choices within the country. In this article Anjali Tandon highlights the importance of a...   Read More

This column describes NCAER’s new ‘nowcasting’ model which seeks to predict India’s GDP numbers at frequent intervals − typically on a monthly or quarterly basis − by exploiting the incremental information in published data on economic indicators. In the words of Dr. Lawrence Klein1 “Models go out of date fast. Data base gets revised new kinds...   Read More

Lucas (1990) argues that the neoclassical adjustment process fails to explain the relative paucity of FDI inflows from rich to poor countries. In this paper we consider a natural experiment: using China as the treated country and India as the control, we show that the dynamics of the relative FDI flows subsequent to the implementation...   Read More

Globally countries remain interested in foreign investment as a source of capital for domestic growth and development needs. The host countries facilitate foreign investment through national investment policies. In addition to investment promotion the host countries also ensure investment protection through treaties to provide them with a rule-based predictable and non-discriminatory environment (UNCTAD 2017). The...   Read More

The consequences can be far more than physiological through the ripples that will affect many future multilateral negotiations. It has not been too long back in the past when Kyoto Protocol of the United Nations Framework Convention on Climate Change was extended half-heartedly and then replaced. Earlier this month India along with other developing countries...   Read More

The future of global trade is being negotiated at the 11th Ministerial Conference (MC11) in Buenos Aires Argentina this week from December 10-13.The Indian representation on the multilateral forum is taking up issues of public stock-holding for food security special safeguard mechanism and domestic support and subsidies to fisheries to promote the interests of its...   Read More

By Rajesh Chadha and Laxmi Joshi Rising consumer incomes in India are creating bigger markets for processed foods. This has generated the need for new and modern post-harvest and agro-processing technologies for meeting this demand. Boost for the sector The Ministry of Food Processing has undertaken many programmes to give a boost to this sector...   Read More