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The Indian economy's changing growth constraints -Niranjan Rajadhyaksha

-Livemint.com The job of policy strategists is always to identify the binding constraints to growth and then try to figure out which policies will help ease them Economists of a certain vintage will remember the old Development models in which rapid economic growth was held back by three key constraints. The first was the savings constraint. A poor country such as India could not save enough of its annual national income to sustain...

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Who Is Accountable for Starvation Deaths?

-Economic and Political Weekly Denial of social security facilities is to blame in cases of alleged starvation deaths. The distressing news of three young girls dying of starvation in the heart of New Delhi last week raises a number of questions; not only on the failure of the state to protect its citizens from hunger 70 years after independence but also on the Development model that India seems to be following. Mansi,...

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Evidence, policy, and politics -Jean Dreze

-Ideas for India Commenting on the concept of evidence-based policy, Jean Drèze argues that the relation between evidence and policy needs further thought. Based on his involvement with social policy in India, he believes that while economists can contribute to more informed policy discussions and public debates they ought to be cautious in offering advice on policy design. Once upon a time, ‘evidence’ was widely confused with randomised controlled trials (RCTs). The...

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Central and state governments sit over 24 lakh vacancies amid debate over job drought -Atul Thakur

-The Times of India In time of a raging debate over jobless growth, nearly 24 lakh posts are lying vacant with the central and state governments, data compiled from answers to various questions in Parliament show. A Rajya Sabha question answered on February 8 shows that the largest chunk is the over 10 lakh vacant positions for teachers in elementary (9 lakh) and secondary schools (1.1 lakh). Apart from the vacancies in the...

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David Barkin, Professor of Economics at the Metropolitan Autonomous University in Mexico City, interviewed by Kabir Agarwal (TheWire.in)

-TheWire.in Mexican economist David Barkin on India's neoliberal economics, growing inequalities, agrarian distress and more. David Barkin is Professor of Economics at the Metropolitan Autonomous University in Mexico City. He received his doctorate in economics from Yale University and was awarded the National Prize in Political Economics in 1979 for his analysis of inflation in Mexico. His research has focused on the Development of an alternative to the capitalist economic model. In an...

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