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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 »
A symposium on Piketty: Introduction
Posted on: 15 Jun 2015
Thomas Piketty’s book on ´Capital in the Twenty First Century’ has made waves. The f ... read on »
Emerging challenges: Economic and social
Posted on: 06 Aug 2014
To mark the second anniversary of I4I in July 2014, we invited two eminent scholars – Abhi ... read on »

Tag: recession

The rolling global crisis and India
Ashoka Mody
Posted on: 07 Sep 2015
Topics:   Economic Growth


We are in the midst of a global growth crisis that began in 2007. In this article, Ashoka Mody, Professor of International Economic Policy at Princeton University, contends that the pervasive global weakness will ultimately harm – and not benefit – India, especially since it is not competitive. China has been the lynch pin of the global economy for a decade; if China goes into a swoon, so will India.
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Has the recession which began in 2012 ended?
Ajay Shah
Posted on: 04 Sep 2015
Topics:   Economic Growth


The high growth rates visible in the new GDP data suggest that the recession which began in the first quarter of 2012 has now ended. Based on analysis of data on firms, investment and Balance of Payments, this column argues that the new GDP data does not square with other data which indicates slow growth and a continuation of the 2012 recession.
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Can India grow faster again?
Nirvikar Singh
Posted on: 06 Dec 2013
Topics:   Economic Growth
Tags:   recession


India’s growth prospects seem gloomy. This article argues that India can grow fast again even in the current global economic climate as it is different from other emerging economies in a number of important aspects. It recommends creating new businesses and jobs, developing internal supply chain networks, and domestic production of affordable consumer goods for reviving the growth rate.
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Recession and child labour: The poverty link revisited
Sahana Roy Chowdhury
Posted on: 01 Jul 2013

While poverty is believed to be the main cause behind child labour, higher poverty is not seen to be associated with higher child work participation rates across Indian states. This column explores the impact of recessionary income shocks on the decision of parents to send their child to work, and finds that recession exacerbates child labour only in regions with a higher cost of living.
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Infant mortality in times of recession
Sonia Bhalotra
Posted on: 30 Jan 2013

Can recessions have permanent effects on people’s health in developing countries? This column looks at infant mortality in India and finds that recessions make things worse. The paradox is that this is often because women are working more, which in isolation is something to be welcomed. It calls for a balance to be struck between empowering mothers and protecting the most vulnerable.
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