•  
Main Banner Image
Macroeconomics

The growing burden of state subsidies

  • Articles

Union Budget 2025-26: Many small measures but lacks big ideas

The Finance Minister recently presented the Union Budget for 2025-26. In this post, Rajeswari Sengupta notes that the most significant aspect of this Budget is the fiscal stimulus aimed at middle-clas...

  • Perspectives

Uneven resilience: Why some emerging markets better navigate US monetary policy cycles

As the US dollar and monetary policy continue to have a significant impact on global financial dynamics, some emerging markets are observed to be more resilient than others to the policy cycles. Analy...

  • Articles

Economic development of Punjab: Prospects and policies

While the north Indian state of Punjab topped per-capita income rankings within the country until year 2000, its position fell consistently thereafter. This article discusses the current state of Punj...

  • Perspectives
450 posts
Refine list by:
--Please Select--
--Please Select--

Setting Tax Targets: An Experiment for Government of Bihar

The project was conducted on the request of Principal Secretary, Department of Commercial Taxes, Bihar. The main aim of the project was to understand what needs to be done to set district-wise commerc...

  • IGC Research on India

The Political Economy of Sovereign Debt Overhang

Developing economies have heterogeneous experiences with growth and openness. This project starts by documenting a core empirical fact: The countries that grow relatively fast do so while reducing sov...

  • IGC Research on India

Bihar Growth in the Context of Modern Growth Theory

India’s second most populous state, Bihar, also remains one of its poorest. This project conducts a longer-term investigation into Bihar’s relatively poor productivity. It surveys the important co...

  • IGC Research on India

Sugar mills: Ownership, productivity and crop choice

This project examines the effect of firm ownership structure on firm behaviour and the economic outcomes of upstream suppliers by comparing privately-owned sugar mills to cooperatives and public mills...

  • IGC Research on India

Making good management stick: Evidence from India

A long-standing question in social science is to what extent differences in management cause differences in firm performance. To investigate this, researchers ran a management field experiment on larg...

  • IGC Research on India

Developing and Analyzing Firm Level Moments on Productivity and Reallocation

Productivity growth is the main driver of long-run increases in per capita income and welfare. This project investigates the effect of idiosyncratic (firm-level) policy distortions on aggregate outcom...

  • IGC Research on India

Recent Contributors

Kishan

Kishan Narayan

Northeastern University

Rajeswari

Rajeswari Sengupta

Indira Gandhi Institute of Development Research

Prachi

Prachi Mishra

Ashoka University

Nikhil

Nikhil Patel

International Monetary Fund

Joshua

Joshua Aizenman

University of Southern California

Gazi Salah

Gazi Salah Uddin

Linköping University, Sweden

Jamel

Jamel Saadaoui

University Paris 8

Irfan

Irfan Qureshi

Asian Development Bank

View all Contributors

Most Popular Macroeconomics Posts

Land in India: Market price vs. fundamental value

The Real Estate (Regulation and Development) Bill, 2015, is focused on protecting the few home buyers who can afford to buy homes but does not address the issue of high land prices, which is a very se...

  • Articles

Land records and titles in India

Land ownership is broadly determined by access to a land title, which protects the rights of the title-holder, and impacts livelihoods, and industrial, economic, and social growth. However, land title...

  • Perspectives

West Bengal’s economic performance relative to India over the last three decades

Against the backdrop of the ongoing elections in West Bengal, Maitreesh Ghatak examines how the state’s economic performance compares with that of the country as a whole, over the past three decades...

  • Articles