Indian Growth and Development Review: Volume 1 Issue 2

Electoral incentives, institutions and rent‐seeking

Ngo Van Long, Bodhisattva Sengupta

The purpose of this paper is to investigate conditions under which voters’ comparison of relative performance between adjacent jurisdictions can help reduce rent‐seeking by…

Trade policy and wage inequality: evidence from Indian manufacturing

Kunal Sen

There has been a period of slow but a steady increase in wage inequality in the Indian manufacturing sector since the mid‐1980s, which has gone hand‐in‐hand with an increase in…

The human development index as a criterion for optimal planning

Merwan Engineer, Ian King, Nilanjana Roy

The human development index (HDI) and gender‐related development index (GDI) have become accepted as leading measures for ranking human well being in different countries. The…

Persistent inequality with endogenous rate of time preference

Debajyoti Chakrabarty

The purpose of this paper is to provide a theory that can explain the persistence of inequality in an economy where household agents are identical in terms of their preferences…

Transaction costs, information technology and development

Nirvikar Singh

The purpose of this paper is to examine the impact of transaction costs on economic welfare and development, and the role of information technology (IT) in reducing transaction…

Open economy inflation targeting arrangements and monetary policy rules: Application to India

Tony Cavoli, Ramkishen S. Rajan

The purpose of this paper is to explore whether India is a suitable candidate for an inflation targeting regime. It begins by placing India's monetary policy actions in a broader…

One Economics, Many Recipes: Globalization, Institutions and Economic Growth

José R. Sánchez‐Fung

Note from the publisher

Vicky Williams