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Macroeconomics

Priorities for the G20 Finance Track

  • Perspectives

Pre-election Budget 2023-24: Short on extravagance, long on substance

The Union Budget presented earlier this month was the last full-year budget before next year's general elections. Rajat Kathuria looks back to India's economic performance in 2014 and suggests that th...

  • Perspectives

Budget 2023-24: Fiscally conservative but lacking economic strategy

The Indian economy’s recovery from the Covid-19 pandemic has not been all good news: employment creation has stagnated, and government capex allocation has not been successful in generating private ...

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Budget 2023-24: Some good and no harm

Following the budget speech, Deepak Mishra weighs in on the extent to which the three goals of higher growth, better distribution, and stability were met. He discusses the Finance Minister’s success...

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Age composition of population and Covid-19

The novel Covid-19 is affecting the advanced countries in the Western Hemisphere disproportionately more than developing countries. In this post, Basu and Sen show that Covid-19 casualty is higher in ...

  • Perspectives

We need a Marshall Plan to fight Covid-19

There are still a lot of unknowns in the fight against the Covid-19 pandemic, but two robust lessons are clear: we need to pull out all stops to strengthen our healthcare capacity and reinforce social...

  • Perspectives

Covid-19: Curated content and resources

Watch this space as we bring together our pick of articles, videos, and podcasts as well as useful links with credible information on Covid-19.

  • Perspectives

Covid-19: Are we ready for the long haul? - Part II

In Part I of this piece, the authors made broad recommendations to guide the government’s response to Covid-19 in India. In this part, they identify five salient population groups that are particula...

  • Perspectives

Covid-19: Are we ready for the long haul? - Part I

As this may be the first of many future lockdowns to stamp out possible repeated outbreaks of Covid-19, policymakers must be prepared to provide relief to adversely affected individuals. With this in ...

  • Perspectives

How did demonetisation affect household consumption?

‘Demonetisation’ announced in India in 2016 made 86% of cash in circulation illegal tender overnight. This article finds that it led to a decline in household consumption in the initial months aft...

  • Articles

Covid-19: Is there a reasonable alternative to a comprehensive lockdown?

In India’s battle against Covid-19, we are inevitably confronted by the choice between social distancing on the one hand, and denying people their livelihood on the other. Recognising the unsustaina...

  • Perspectives

Covid-19: Dealing with the economic consequences

In the last two weeks, the Covid-19 pandemic has turned the world economy upside down, and all indicators point to one of the sharpest economic contractions in modern times. In this post, Ram Singh di...

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Covid-19: Macroeconomic implications for India

Due to the measures adopted to prevent the spread of the Coronavirus Disease 2019 (Covid-19), especially social distancing and lockdown, non-essential expenditures are being postponed. This is causing...

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Rural infrastructure development and economic activity

Estimating the effects of physical infrastructure investments on economic growth has remained challenging, especially in rural settings. This article studies the effects of a rural infrastructure gran...

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Infrastructure development: Current bottlenecks and way forward

Infrastructure development remains a key constraint in India’s economic development. Given the budgetary constraints of the government, private financing for infrastructure provisioning through publ...

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The electoral consequences of India’s demonetisation

It is widely believed that there may have been little or no electoral consequences of India’s demonetisation in 2016. This article analyses voter behaviour following demonetisation. It finds that pl...

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Delhi School of Economics

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Delhi School of Economics

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O. P. JIndal Global University

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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...

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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...

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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...

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