CDS-KNRaj Library

Updates from K.N. Raj Library, CDS, Thiruvananthapuram

Persistence of Informal Credit in Rural India: Evidence from‘All-India Debt and Investment Survey’ and Beyond

by narayan Chandra Pradhan Reserve Bank of India Working Paper no, WPS(DEPR):05/2013,April 2013 Rural credit markets in India is characterised by the coexistence of both formal and informal sources of finance and the market is fragmented. To discuss the informal rural credit issue and to maintain consistency with All India Debt and Investment Survey (AIDIS) [...]

The Investment Technology of Foreign and Domestic InstitutionalThe Investment Technology of Foreign and Domestic Institutiona Investors in an Emerging Marketl

by ILa Patnaik and Ajay Shah IMF Working Paper no.13/90, April 2013  The literature on the investment technology of foreign versus domestic investors has inconclusive results. This paper revisits the question, with a focus on decomposing portfolio performance into asset allocation and security selection. We document signicant differences in exposure to systematic asset pricing factors [...]

India’s Export Opportunity in Africa: Issues and Challenges in Select Sectors

Rakesh Mohan Joshi, Biswajit Nag and Ashish Gupta W.P.No. EC-13-18 April 2013 The paper focuses on bilateral strategic cooperation between India and Africa highlighting that some of the fastest-growing economies in the world are now in Africa. It has analyzed the overall trade dynamics between India and Africa in select sectors, where two dimensional scatter [...]

ASIA-PACIFIC TRADE AND INVESTMENT REPORT 2012: Recent Trends and Developments

Published by Asian Development Bank, December 2012 The Asia-Pacific Trade and Investment Report (APTIR) is a recurrent publication prepared by the Trade and Investment Division. It aims to deepen understanding of regional trends and developments in trade and investment; emerging issues in trade, investment and trade facilitation policies; and impacts of these policies on countries’ [...]

Factor Income Taxation, Growth, and Investment Specific Technological Change

by Minisankar Bishnu; Chetan Ghate and Pawan gopalakrishnan ICRIER Working Paper no.264, March 2013 We construct a tractable endogenous growth model with production externalities in which the public capital stock augments investment specific technological change. We characterize the first best fiscal policy and show that there exist several labor and capital tax-subsidy combinations that decentralize [...]

Prospects for Services Trade Negotiations

by Jeffrey J Schott Peterson Institute Working Paper 12-17, October 2012 Trade and investment in services are difficult to measure, and the regulatory barriers that inhibit the free flow of services are hard to quantify. As a result, very little attention has been paid to dismantling barriers to services trade and investment. Rather, free trade [...]

DO DEFICITS CROWD OUT PRIVATE BORROWING? EVIDENCE FROM FLOW OF FUNDS ACCOUNTS

by John J. Heim Rensselaer Working Papers Number 1102 Heim (2010) found a strong negative relationship between deficits and private consumer and investment spending, controlling for other key variables. The study did not directly test the mechanism by which deficits were related to consumer and investment spending, only the result. Crowd out theory hypothesizes the [...]

India Social Enterprise Landscape Report

Published by Asian Development Bank, August 2012 Social enterprises hold the potential to make India’s spectacular growth story work better for its poor citizens. India’s rapidly growing economy has not managed to alleviate extreme poverty, which encompasses nearly half the country’s population. Reasons for this situation include inadequate infrastructure, unreliable state delivery of affordable education and [...]

Social determinants of intra-regional dispersion of FDI in India

Suna Saime Kayam, Sencer Ecer, and R Gupta (2011) The foreign direct investment (FDI) strategy has imbued India’s once stagnant industrial sector with capital and job opportunity. However, as India’s GDP grows ever larger, there is a concern that the growth within the country is not evenly distributed and may in fact exacerbate current economic [...]

Innovation, Investment, Enterprise: Generating Sustainable Livelihood at Grassroots through Honey Bee Philosophy

by Anil K Gupta IIMA Working Paper No. 2012-06-04, June 2012 In memory of Dr. C.V. Seshadri, a maverick scientist and a social change agent, it is suggested that a new model for sustainable livelihoods is followed. The ex-ante and ex-post transaction costs of innovators, investors and entrepreneurs will have to be reduced if the [...]

Regional Cooperation towards Green Asia: Trade and Investment

By Kaliappa Kalirajan ADBI Working Paper No.350, April 2012 Growth led by low-carbon goods and services (LCGS) is an imperative for the countries of Asia and the Pacific, and particularly for emerging Asian economies, which are heavily dependent on imported energy and resources. The objectives of this study are to (i) measure the potential of [...]

Corporate Liquidity and Financial Fragility: The Role of Investment, Debt and Interest

Jan Toporowski SOAS Department of Economics Working Paper Series No 169 – 2012 The paper addresses the issue of how debt deflation may arise in a capitalist economy with a sophisticated credit system. It argues that the standard argument of debt deflationists, that debt-financed investment causes a build-up of unsustainable investment, fails to recognise that [...]

Are Saving and Investment Cointegrated? A Cross Country Analysis

by Sanjib Bordoloi and Joice John Reserve Bank of India Occasional Papers Vol.32, No.1, Summer 2011 Saving is an important part of the economic process that gives rise to investment and economic growth. In this paper an attempt is made to explore the relationship between saving and investment in three diverse economies,viz,US,UK and Chinaa and [...]

Causal Relationship between Saving, Investmentand Economic Growth for India-What does the Relation Imply?

by Ramesh Jangili Reserve Bank of India Occasional Papers Vol.32, No.1, Summer 2011 This study investigates the relationship between saving, investment and economic growth for India over the period 1950-51 to 2007-08. The literature on the role of saving in promoting economic growth generally points to saving led growth. However, few studies show evidence for [...]

Foreign Direct Investment in Times of Crisis

by Lauge Skovgaard Poulsen and Gary Clyde Hufbauer Piie Working Paper 11-3, January 2011 This paper compares the current foreign direct investment (FDI) recession with FDI responses to past economic crises. The authors find that although developed country outflows have taken an equally big hit as major developed countries have after past crises, outflows seem [...]

Understanding the Pattern of Growth and Equity in thePeople’s Republic of China

by Minquan Liu ADBI WP No.331, December 2011 There are likely to be many factors which have together shaped the current pattern of growth and equity in the People’s Republic of China (PRC). Among them are the foundations laid in the pre-1978 era, especially in respect of land-related institutional reforms and social sector investments. These [...]

Macro-Economic Policy Outcomes and Agriculture Relation between Fiscal Deficits and Investment in Agriculture

by Munish Alagh IIMA WP No. 2011-10-05, October 2011 In an earlier paper (Alagh, Munish, 2011) it was shown that macro economics matters in agriculture. The relevance of understanding the impact of macro-economic policy on agriculture was outlined, A forecasting exercise detailed the structure and response of supply to prices in the non foodgrain sector [...]

Long Run and Short Run Saving-InvestmentRelationship in India

by Bichitrananda Seth RBI WPS-13/2011, September 2011  The present study examines short and long run relationship between gross domestic savings and investment as well as corporate sector savings and corporate sector investment in India using Engel Granger cointegration test. Also attempt is made to find out the rate of adjustment in the disequilibrium being corrected [...]

“EVOLUTION OF ASIA’S OUTWARD-LOOKING ECONOMIC POLICIES: SOME LESSONS FROM TRADE POLICY REVIEWS

Michael DALY Staff Working Paper ERSD-2011-12 This Working Paper contains some observations concerning the evolution of trade and trade-related policies in the Asia-Pacific region since the  establishment in 1989 of the Trade Policy Review Mechanism (TPRM), whose goal is to improve the transparency of these policies. It also draws some lessons from the Reviews undertaken. [...]

Effects of Recent Financial Crisis on Optimal Asset Allocation of Foreign Exchange Reserve

by AK Srimany; Sneharthi Gayen and Ranjeev RBI Working Paper No. 11/2011, August 2011 Post financial crisis, yield in the developed sovereign markets is prevailing at very low level and consequently return generated by deployment of foreign exchange reserves have been very low together with increased risk of getting negative return more frequently. In this [...]

Treatment of Valuables as Capital Formation in India:Some Issues and Perspectives

by Rakesh Kumar RBI Working Paper:WPS 9/2011, July 2011 As per UNSNA recommendations, valuables as a separate item had been introduced in the expenditure side of GDP. Since India is one of largest importer and user of gold for various purposes,this treatment resulted into higher share of valuables in capital formation in the economy. Moreover, [...]

World Investment Report 2011:Non-Equity Modes of International Production and Development

Published by UNCTAD,2011 Highlights of the Report: Global foreign direct investment (FDI) has not yet bounced back to pre-crisis levels, though some regions show better recovery than others. The reason is not financing constraints, but perceived risks and regulatory uncertainty in a fragile world economy. The World Investment Report 2011 forecasts that, barring any economic [...]

Mutual Funds and Market Development in India

by Subhir Gokarn (Address by Dr. Subir Gokarn, Deputy Governor, Reserve Bank of India at the CII 7th Edition of Mutual Fund Summit 2011 on June 22, 2011 at Mumbai) url: http://rbidocs.rbi.org.in/rdocs/Speeches/PDFs/MFM07072011.pdf Courtesy: RBI

BEST PRACTICES IN INVESTMENT FOR DEVELOPMENT:CASE STUDIES IN FDI

United Nations, 2011 This Report assesses both public and private sector factors, including the manner in which they interrelate. Within the context of host country conditions to attract FDI, government objectives, policies and programmes constitute the main public sector elements. International or regional factors as well as actions by the FDI home-country or third countries [...]

Would emerging market pension funds benefit from international diversification: investigating wealth accumulations for pension participants

Ajantha Sisira Kumara and Wade Donald Pfau Date: June-2011 In recent years, investment portfolio selection is growing in importance for many emerging market pension funds, as pension reforms replace traditional pay-as-you-go systems with advanced funding systems. Various investment regulations are applied to the funded pensions, particularly in the form of portfolio limits for equities and [...]

Report of the Committee on Comprehensive Review of National Small Savings Fund

Smt. Shyamala Gopinath(Chairperson of the Committee) June, 2011 The Central Government on 8th July, 2010 constituted an Expert Committee under the Chairpersonship of Smt. Shyamala Gopinath, Deputy Governor, Reserve Bank of India for comprehensive review of the National Small Savings Fund. The terms of reference of the Committee include review of the existing parameters for [...]

Determinants of Individual Investor Behaviour: An Orthogonal Linear Transformation Approach

Abhijeet Chandra, and Ravinder Kumar Date: Jan-2011 Expected utility theory views the individual investment decision as a tradeoff between immediate consumption and deferred consumption. But individuals do not always prefer according to the classical theory of economics. Recent studies on individual investor behavior have shown that they do not act in a rational manner, rather several factors [...]

India’s FDI Inflows: Trends and Concepts

K S Chalapati Rao and  Biswajit Dhar ISID Working Paper No: 2011/01 Date: 24-Feb-2011 India’s inward investment regime went through a series of changes since economic reforms were ushered in two decades back. The expectation of the policy makers was that an “investor friendly” regime will help India establish itself as a preferred destination of [...]

Outward Foreign Direct Investment from India

Saikia, Dilip (Centre for Development Studies, Trivandrum, Kerala) March 2009 India has been continually attracting massive foreign investments since the opening up of its economy with a series of liberalization policies in the early 1990s. This inward FDI plays an important role in the Indian economy as a financier of her BOP. However in recent [...]

Assessing the Investment Exuberance in India’s Power Sector

Urjit R. Patel February 03, 2011 Recognition of the power sector’s central role in hindering India’s competitive cost advantage hardly needs elaboration; industrial power tariffs in India are probably the highest amongst its major emerging market peers. In an increasingly globalised and open trade environment, this is a significant disadvantage in sectors with a major [...]

keep looking »

  • Calendar

    May 2013
    M T W T F S S
    « Apr    
     12345
    6789101112
    13141516171819
    20212223242526
    2728293031  

  • Archives

  • Meta