Ashok Kotwal
The challenge of job creation
Posted on: 15 Dec 2017
The process of economic transformation that entails labour transitioning from low- to high ... read on »
GST Explainer: Introduction
Posted on: 16 Oct 2017
Seventeen years after its framework was formed, India’s biggest tax reform – the goods and ... read on »
Introducing a new feature: ‘Explainers’
Posted on: 16 Oct 2017
Our day-to-day lives are tossed around due to economic changes, resulting sometimes from g ... read on »
On demonetisation
Posted on: 23 Dec 2016
On the evening of 8 November, the Prime Minister announced on national television that Rs. ... read on »


Jobless growth? From speculation to statistical analysis
Robert Beyer , Martin Rama
Posted on: 16 Mar 2018
Tags:   South Asia

This column investigates the relationship between economic growth and net job creation in India and South Asia. If economic growth was truly jobless, as is often claimed, labour productivity would be increasing very rapidly. But how real is the alleged joblessness?

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Fostering social connections at the workplace
Farzana Afridi , Amrita Dhillon , Sherry Li , Swati Sharma
Posted on: 16 Mar 2018

This column describes an ongoing study that analyses data from Delhi’s labour-intensive garment factories to explore the relationship between trust among workers and productivity. Using the strength of pre-existing social ties among workers as proxy for the value of trust, it finds that being socially connected has significant implications for worker productivity.

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Management practices and productivity in India
Nicholas Bloom , Megha Patnaik
Posted on: 15 Mar 2018

In this article, Bloom and Patnaik bring together research that analyses management practices of firms, and how they relate to firm productivity and performance. They highlight the importance of undertaking a large-scale representative survey of management practices in India.

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Role of private sector in the holistic skilling of India’s workforce
Achyuta Adhvaryu , Smit Gade , Lavanya Garg , Anant Nyshadham
Posted on: 14 Mar 2018

Low skill levels of workers are a key reason for low labour productivity in developing countries. In this article, Adhvaryu et al. discuss research that centres around two important questions in this context: who should conduct and pay for skilling, and what kind of skills does the workforce need?

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Impact of labour regulations on Indian manufacturing performance
Devashish Mitra
Posted on: 13 Mar 2018

In this article, Devashish Mitra analyses structural bottlenecks in the Indian manufacturing sector such as labour market regulations that incentivise capital-intensive production technologies, potentially restricting employment opportunities. He also discusses recent policy changes in this context.

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Industrial policy in India: A brief review
Ritam Chaurey
Posted on: 12 Mar 2018

In this article, Ritam Chaurey provides an overview of India’s industrial and labour policy to put in perspective the issues facing firm growth.

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Introduction to e-Symposium: Firms and labour productivity
Farzana Afridi
Posted on: 12 Mar 2018

Eighty per cent of India’s labour force works ‘informally’. Providing employment with decent wages and benefits to this segment requires structural transformation of the economy to more high-productivity sectors. I4I Editor Farzana Afridi is hosting an e-symposium to bring together some fundamental issues around the challenge of raising labour and firm productivity in the country.

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Huge bank losses, frauds, and economic risks
Gurbachan Singh
Posted on: 09 Mar 2018
Topics:   Finance
Tags:   banking

Banks have incurred humongous losses in India. The public authorities have taken corrective measures primarily in the form of strengthening laws, audits, and the enforcement processes. In this article, Gurbachan Singh argues that while this is indeed required, at the margin there is a much greater and urgent need to improve assessment of the economic risks in a dynamic economy.
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Empowering India's daughters
Nalini Gulati
Posted on: 08 Mar 2018
Topics:   Education , Gender , Jobs

This article explores how women’s economic empowerment can be a crucial step in addressing India’s long-standing son preference, as highlighted by the latest Economic Survey. It discusses key trends in female education and employment, which are fundamental to empowerment; what the research says; and areas where further work is required.

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Understanding cultural persistence and change
Paola Giuliano , Nathan Nunn
Posted on: 07 Mar 2018
Topics:   Economic Thought

When does culture persist and when does it change? This column examines a determinant that has been put forth in the anthropology literature: the variability of the environment from one generation to the next. It finds that populations with ancestors who lived in environments with more stability from one generation to the next place a greater importance in maintaining tradition today, and exhibit more persistence in their traditions over time.
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