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Ashok Kotwal
On demonetisation
Posted on: 23 Dec 2016
On the evening of 8 November, the Prime Minister announced on national television that Rs. ... read on »
Introduction to e-Symposium: The GDP conundrum
Posted on: 16 Nov 2016
Ever since India’s Central Statistical Organisation came out with the new GDP series with ... read on »
Introduction to e-Symposium: The idea of a universal basic income in the Indian context
Posted on: 26 Sep 2016
The idea of an unconditional basic income given to all citizens by the State, has caught o ... read on »
Debate: The Aadhaar Bill
Posted on: 02 May 2016
In a debate on the Aadhaar Bill, commentators from academia and civil society will ... read on »

Tag: management

Health policy and economic growth in India
Nalini Gulati , Nidhiya Menon
Posted on: 27 Jul 2017

A new synthesis paper (Menon 2017) produced by the International Growth Centre brings together evidence from various health-related IGC studies on India undertaken over the past seven years, to draw implications for health policy. At a workshop organised by IGC in collaboration with Ideas for India and Indian Statistical Institute, Srinath Reddy (Public Health Foundation of India), Alok Kumar (NITI Aayog), and Karthik Muralidharan (University of California, San Diego) discussed key policy lessons emerging from research, and areas where further work is required.
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Nobel prize in Economics 2016: The economy as a nexus of contracts
Maitreesh Ghatak
Posted on: 19 Oct 2016
Tags:   management


An important line of research in microeconomics has tried to explain how the economic institutions that underpin the ‘invisible hand of the market’ actually work. The specific economic institution that Hart and Holmström focus on is contracts. In a tribute to the Nobel laureates, Maitreesh Ghatak, Professor of Economics at the London School of Economics, discusses the working and importance of contract theory.
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Nobel insights: When it comes to contracts, what’s obvious may not be optimal
Rohini Somanathan
Posted on: 18 Oct 2016

In a tribute to Oliver Hart and Bengt Holmström, recipients of this year’s Nobel prize in Economics, Rohini Somanathan, Professor of Economics at Delhi School of Economics, outlines their contributions.
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Analysing worker responses to a contract change
Rajshri Jayaraman , Debraj Ray
Posted on: 08 Aug 2016

Higher-powered incentives are generally believed to increase worker productivity. In the context of an Indian tea plantation, this column examines a contract change wherein baseline wages were increased and incentive piece rates were lowered or kept unchanged. It finds that output increased by 20-80% in the following month but fell to original levels thereafter. Possible explanations for the observed impact are explored.
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Charting a course for the Indian economy
Karthik Muralidharan , Arvind Subramanian
Posted on: 05 Aug 2015

Karthik Muralidharan (Associate Professor of Economics, University of California, San Diego) speaks with Arvind Subramanian (Chief Economic Adviser, Government of India) on a broad set of issues ranging from the uniqueness of the Indian development model, the political economy of reforms, reducing factor misallocation in the economy, enhancing State capacity, financing India´s infrastructure needs, to the implications of the Fourteenth Finance Commission, improving the design of social welfare programmes, and climate change.

This is the third in the series of I4I Conversations.

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Big and small ideas in development economics: Theory, evidence and practice
Kaushik Basu , Karthik Muralidharan
Posted on: 03 Feb 2015

Karthik Muralidharan, Associate Professor of Economics, University of California, San Diego speaks with Kaushik Basu, Chief Economist and Senior Vice President, World Bank and former Chief Economic Adviser, Government of India, on the World Bank’s global development agenda; inequality and the design of anti-poverty policies; contribution of recent academic research to development policy; research evidence, political economy and policymaking; State capacity for implementation; and law and economics.
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Do awareness programmes on TV help change prejudices?
Ritwik Banerjee , Nabanita Datta Gupta
Posted on: 24 Nov 2014
Topics:   Caste , Jobs


Awareness-based TV programmes, such as Satya Mev Jayate hosted by Bollywood film personality Aamir Khan, aim to change deep-seated prejudices of the society. To what extent do such programmes influence behaviour? This column seeks to answer this question by examining results from an experiment relating to caste attitudes of students from private business schools in New Delhi.
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Bad management: A constraint on economic development?
Renata Lemos , Daniela Scur
Posted on: 08 Jul 2013
Tags:   management


Are poor management practices holding back middle-income countries? This column looks at the evidence for private firms and public organisations in manufacturing, retail, healthcare and education in India. The findings suggest that there is a large share of badly managed firms that brings down the average quality of Indian businesses. While some Indian firms are at par with the best in the world, diffusion of best practices has not taken place yet.
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What do Indian CEOs do?
Oriana Bandiera
Posted on: 15 Mar 2013

While the Indian manufacturing sector has experienced rapid growth since the early 1990s, it is characterised by large productivity differences across firms and presence of several low productivity firms that use poor managerial practices. This column examines differences in CEOs’ management style via their time use to provide new insights on the observed diversity across firms.
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Manufacturing, management and mysteries
Nirvikar Singh
Posted on: 27 Jul 2012

The private sector is crucial to India’s development. This column asks how it can be more effective. Looking at a large sample of Indian manufacturers it suggests that what many firms may be missing is good management.
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