High public debt in India: 9 stylised facts
The Covid-induced surge in public debt in India was unique compared to its own history, but also bigger and driven by different factors relative to the average emerging market economy. In this post, M...
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Prachi Mishra
Nikhil Patel
20 December, 2024
- 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...
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Joshua Aizenman
Donghyun Park
Irfan Qureshi
Jamel Saadaoui
Gazi Salah Uddin
30 September, 2024
- Articles
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 ...
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Yamini Aiyar
15 February, 2021
- Perspectives
Covid-19: Getting fiscal policy right
The textbook answer to financing of additional government expenditure in a recession is that the government should borrow the funds rather than impose a tax. Gurbachan Singh argues that the convention...
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Gurbachan Singh
07 May, 2020
- Perspectives
Covid-19: Consequences for state finances
When Covid-19 pandemic started in India, given that health is a state subject, individual states reacted as best they could under state-level legislations. However, as more than 60% of all economic ac...
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Pronab Sen
04 May, 2020
- Perspectives
How costly are flawed government responses to Covid-19? An assessment of the migrant crisis
By March-end, countless migrant workers started fleeing India’s locked-up cities and trekking home to their villages amidst the Covid-19 crisis. Sarmistha Pal argues that government’s responses un...
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Sarmistha Pal
03 May, 2020
- Perspectives
Covid-19: Expected migrant movement as lockdown eases
Since the lockdown was announced in India, many migrants have undertaken the difficult journey to their place of origin. However, millions of them are still in cities, and some are expected to return ...
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Clément Imbert
01 May, 2020
- Perspectives
Covid-19: Health, macroeconomics, and trade
There is great uncertainty around the spread and eventual end of the Covid-19 pandemic, and the possibility of extended or intermittent lockdowns. Besides the immediate health crisis and loss of liv...
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Anirudh Shingal
30 April, 2020
- Articles
Is Covid-19 equally deadly across all states?
International experience suggests that the rates of fatality on account of Covid-19 vary across the world. In this post, Jain and Chatterjee seek to estimate the fatality rate of the pandemic in India...
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Tirtha Chatterjee
Ritika Jain
28 April, 2020
- Perspectives
15th Finance Commission: Covid-19 warrants rethink of local government allocations
The 15th Finance Commission has made significant departures from the previous Central Finance Commissions in its recommendations for urban local governments, in its interim report for 2020-21. In this...
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Dinesh Mehta
Meera Mehta
27 April, 2020
- Perspectives
Covid-19: Ashok Kotwal speaks with Pronab Sen
In conversation with Ashok Kotwal on the ongoing economic crisis caused by lockdown to mitigate Covid-19 spread, Pronab Sen breaks down the problem into survival of individuals and livelihoods, and th...
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Ashok Kotwal
Pronab Sen
25 April, 2020
- Podcasts
Covid-19 and MSMEs: The ‘identification’ problem
A recent survey of 5,000 micro, small, and medium enterprises (MSMEs) found that 71% of them could not pay salaries to their workers in March 2020 due to the Covid-19 lockdown in India. The government...
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Radhika Pandey
Amrita Pillai
20 April, 2020
- Perspectives
Covid-19: The infected economy
India, along with much of the world, is now in a lockdown. But the cost of locking down the country is particularly high for the urban poor in India. Besides, the reality of urban living reduces the e...
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Amartya Lahiri
18 April, 2020
- Perspectives
Only germs this time, no guns and steel (yet)?
The first round of globalisation over the previous centuries was associated with a transmission of diseases between continents. With Covid-19, history seems to be repeating itself, but this time in th...
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Anindya Chakrabarti
Chirantan Chatterjee
14 April, 2020
- Perspectives
Financing of fiscal response to Covid-19: A red herring?
Governments around the world are frenetically announcing an expanding slew of rapid response measures to address the fallouts of Covid-19 pandemic. The fiscal price tag on these measures is massive an...
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Ayushi Bajaj
Gaurav Datt
12 April, 2020
- Perspectives
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Tweets by Ideas4IndiaMost 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...
Gurbachan Singh
29 February, 2016
- 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...
Prachee Mishra
Roopal Suhag
20 November, 2017
- Perspectives
Understanding the dynamics of the rupee-dollar exchange rate
Since 1993, the Indian rupee (INR) has officially been following a market-determined exchange rate – price is determined by demand for and supply of foreign exchange – with intervention by the Res...
Ila Patnaik
Rajeswari Sengupta
11 October, 2021
- Perspectives