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Tag Search: “political economy”

De-globalisation driven by global crises

Concerns associated with the Covid-19 pandemic have led to new rationales of protectionism, with renewed emphasis on domestic production and sourcing. In this post, Assaf Razin compares the current ec...

  • Perspectives

When criminality begets crime: The role of elected politicians

The criminalisation of politics has become a massive threat to society. While the impact of criminally accused leaders on economic outcomes has been studied in the literature, little is known about th...

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A world of no lockdowns: The case of South Korea and Sweden

While most of the world was under lockdown during the Covid-19 pandemic of 2020, two countries, Sweden and South Korea, decided to keep their economies open. In this post, Bhatia et al. use a metric o...

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Regionalist party representation and tribal insecurity

Observers have long been ambivalent about regionalism as a principle underlying the organisation of politics. Analysing data from India, this article shows that when regionalist parties win elections,...

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An agenda for agricultural reforms

As the farmers’ protests continue, Barun Mitra outlines some of the key issues that could help understand the current political deadlock over the three new farm laws, and suggests possible ways to rea...

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Budget 2021-22: A political economy perspective

Examining the 2021-22 Union Budget with a political economy lens, Yamini Aiyar contends that the policy choices reflects Government of India’s propensity to centralise rather than to devolve, and a sh...

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Farm laws: Roadmap for agricultural marketing privatisation

Focussing on the essence of the farm laws, which purportedly seek to promote free market competition in agricultural marketing, Dilip Mookherjee emphasises the need for reform of APMC (Agricultural P...

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Budget 2021-22: Over-reliance on infrastructure investment to spur growth?

Commenting on the strong infrastructure push in the 2021-22 Budget, Sarmistha Pal argues that an emphasis on investment in infrastructure may not necessarily bring India out of the current economic re...

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State of the Indian economy: Diagnosis and recommendations

Arvind Subramanian (India’s former Chief Economic Adviser) and Josh Felman (former IMF Resident Representative to India) have brought out a new policy paper, offering a diagnosis of the Indian economy...

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“New Welfarism”: Old wine, new bottles?

Commenting on the recent policy paper by Subramanian and Felman, R Nagaraj contends that the authors imaginative re-branding of the erstwhile ‘populist schemes’ as “New Welfarism of the Right” is an e...

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Declining common lands in India: Role of economic inequality

The area under common pool land resources (CPLRs), which are crucial to rural livelihoods in India, has recorded a steady decline over the last three decades. Common land is diverted either as private...

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DRAMA at the farm gate

Describing the new ‘APMC (Agricultural Produce Market Committee) Bypass Act’ as a ‘Dual Regulation of Agricultural Marketing Act’ or DRAMA, Jean Drèze argues that the legislation's odd framework of du...

  • Perspectives