Search results for: India
Tariq Ahmad Bhat, Tariq Ahmad Bhat, Tariq Ahmad Lone & Towseef Mohi ud Din, World Economics, December 2019
The hypothetical trade-off relationship between inflation and unemployment rate known as the Phillips Curve. It plays an important role in the decision-making process, to stabilise the economy and to target these variables to keep them as low as possible.
This study analyses the empirical relationship between unemployment and the inflation rate in order to predict the trade-off between these two variables and to estimate its existence in the context of Indian economy over the period of 1991 to 2017.
It finds both short and long run causal relationship between unemployment and inflation rate in India.
Min-kyung, KIM, World Economics, March 2019
Population is a source of a nations’ strength and national security, but some overpopulated countries in Asia are trying to lower their population growth, even implementing population control policies. This paper conducts a comparative study of China and India to explore the effectiveness of their population control policies, and its findings suggest that education can be one of the strongest methods to curb the population explosion, reducing its side effects by giving Kerala case. This study suggests that further attention must be given to more cases in China and India related to the correlation between the level of education and population growth. Also, the case of Kerala will be needed to be researched more in-depth and yield more concrete recommendations to facilitate an added value to this field.
Siddhartha K. Rastogi & Pradyun Rame Mehrotra, World Economics, March 2018
Labour market data in India shows female participation declining as GDP has increased, a phenomenon found in other East Asian economies over past two decades. This contradicts empirical observations, which argue over the feminization of the work force due to participation in global export markets, primarily driven by wage efficiency of female labour. The impact of the global financial crisis on female participation rates in rural India in 2009-10 is studied with a cross-state analysis to test theories about female unemployment in a downturn. One of the major findings is that as the formal wage difference between men and women decreases, the female participation gap increases, but more data is needed to identify critical causal factors.
Swati Dutta & Lakshmi Kumar, World Economics, September 2014
This paper examines the relationship between multidimensional poverty and multidimensional vulnerability. Unlike poverty, which describes the status of a household at a point of time, vulnerability captures the likelihood of a household falling into poverty, given the current status of the household. The paper has used data from the India Human Development Survey, 2005, employing a multidimensional measure both at the all-India level and the state level. The results indicate the superiority of the multidimensional measure over the one-dimensional income measure because policy can be pointed towards addressing the dimension of poverty that is lacking and that is the cause of some states’ vulnerability to poverty.
Swati Dutta, World Economics, September 2013
In order to formulate policy to target the correctly identified rural poor in India, focus on an income poverty measure alone is insufficient. The purpose of this research is to study a new area of poverty measurement based on data that detail a household’s access to basic assets. The study has used the secondary data source provided by the Demographic and Health Survey (DHS) for the time period of 1992, 1998 and 2005. In order to construct the asset index the technique of multiple correspondence analysis is used. A discussion of trends in asset poverty in various states in India follows, together with the policies they need to adopt depending on their state of poverty.
Joe Downie, World Economics, June 2011
There is much speculation about the growth potential of African economies. But in the light of unreliable official statistics and the highly selective information often presented by investment companies with an incentive to highlight the positive, this article aims to provide some extra analysis to add to the recent widespread comments on high growth rates within the continent. Problems are noted with official economic data and the strengths of Purchasing Power Parity (PPP) measures for GDP comparisons are noted. GDP figures for Africa and five other major economic areas are analysed for the three decades to 2010 in terms of GDP growth and GDP level by decade. These figures are then viewed in per capita terms, drawing attention to significant population growth within the continent, and therefore less impressive per capita figures. A closer look at the location and distribution of economic activity within the African continent highlights the high concentration of economic activity within a small number of countries. However, it is concluded that the future prospects for African growth are still generally positive. Despite the heavy reliance on oil exports in some countries, headline GDP figures also reflect incidences of broad-based growth which looks set to continue so long as Asian demand remains high and good economic policies are pursued.
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