Research Papers in Economics
Not a member yet
1002671 research outputs found
Sort by
Approaches to Development Research Communication
No full textThis article traces the co‐evolution between models of research communication and development. It looks at how creative and visual methods fit into this trajectory. It argues that the current growth in the accessibility of communication technologies has emerged alongside a strong revival of more linear, marketing‐style understanding of development research communication, which threatens to undermine their progressive potential. It argues that despite development research communicators having many more options available to them, in terms of tools and approaches, and a much better understanding of how to integrate research and communication, they are also under increased pressure to prove impact, or show direct attribution. It argues that the more democratised communication becomes, the more difficult it is to do this
Revitalising Agriculture in Eastern India: Investment and Policy Priorities
No full textThis article examines the priority accorded to agriculture and allied sectors in India's public expenditure over the last two decades, with specific attention to budgetary spending by the eastern region states. It observes that one of the important reasons for the slowdown of growth in Indian agriculture seems to have been the stagnation in public expenditure on the overall rural economy (i.e. Agriculture and Allied Activities, Irrigation and Flood Control, Village and Small Industries, Rural Development and Special Area Programmes) since the early 1990s. The falling priority given to the rural economy in the last three Five Year Plans of the country would have affected the eastern region states more adversely due to their weaker fiscal health and less developed agricultural sectors. The article also argues that there is a need to redesign the policy framework and provide adequate budgetary support for agricultural activities in dryland/rainfed areas in the eastern region states
How Can India Help Prevent Food Price Volatility?
No full textThis article is about India's role in reducing food price volatility in the world. India has come a long way from a ‘ship‐to‐mouth existence’ to a country that is ready to confer legal right to food to its citizens based on its own production. India has 18 per cent of the world's population and therefore food self‐sufficiency of India would be a blessing for the struggle against price volatility. By improving productivity, by reducing energy use, by augmenting water resources and by conserving prime farm land, India can produce enough food for an estimated population of 1.5 billion by 2030. Further, by controlling speculative trade in food prices, by maintaining stable domestic prices and by sharing its agricultural and food policy expertise, India can help reduce food price volatility. However, to reduce global price volatility and to remove price distortions in the world market, it is important to resolve the issues of agricultural trade and to adopt a small farmer‐friendly global trading system
The MDGs in Historical Perspective
No full textSome 50 goals have been set over the UN's life, from goals for education in 1960 to the MDGs agreed at the Millennium Summit in New York in 2000. Cynics have charged that UN goals have been proposed and agreed with little thought, and rarely achieved. Based on research conducted for the UN Intellectual History Project, this short article argues that in fact, there has always been widespread discussion before approving goals and more progress in implementing them than is commonly recognised. And although the record of achievement is mixed and far from perfect, most of the goals have had considerable influence and many have been considerably achieved by a considerable number of countries
"$29,000,000,000,000: A Detailed Look at the Fed's Bailout by Funding Facility and Recipient"
Full text linkThere have been a number of estimates of the total amount of funding provided by the Federal Reserve to bail out the financial system. For example, Bloomberg recently claimed that the cumulative commitment by the Fed (this includes asset purchases plus lending) was 29 trillion.Global Financial Crisis; Fed Bailout; Lender of Last Resort; Term Auction Facility; Central Bank Liquidity Swaps; Single Tranche Open Market Operation; Term Securities Lending Facility and Term Options Program; Maiden Lane; Primary Dealer Credit Facility; Asset-backed Commercial Paper Money Market Mutual Fund Liquidity Facility; Commercial Paper Funding Facility; Term Asset-backed Securities Loan Facility; Agency Mortgage-backed Security Purchase Program; AIG Revolving Credit Facility; AIG Securities Borrowing Facility
"Is the Recovery Sustainable?"
Full text linkFiscal austerity is now a worldwide phenomenon, and the global growth slowdown is highly unfavorable for policymakers at the national level. According to our Macro Modeling Team's baseline forecast, fears of prolonged stagnation and a moribund employment market are well justified. Assuming no change in the value of the dollar or interest rates, and deficit levels consistent with the Congressional Budget Office's most recent "no-change" scenario, growth will remain very weak through 2016 and unemployment will exceed 9 percent. In an alternate scenario, the authors simulate the effect of new austerity measures that are commensurate with the implementation of large federal budget cuts. Here, growth falls to 0.06 percent in the second quarter of 2014 before leveling off at approximately 1 percent and unemployment rises to 10.7 percent by the end of 2016. In their fiscal stimulus scenario, real GDP growth increases very quickly, unemployment declines to 7.2 percent, and the US current account balance reaches 1.9 percent by the end of 2016—with a debt-to-GDP ratio that, at 97.4 percent, is only slightly higher than in the baseline scenario. An export-led growth strategy may accomplish little more than drawing a small number of scarce customers away from other exporting nations, and the authors expect no net contribution to aggregate demand growth from the financial sector. A further fiscal stimulus is clearly in order, they say, but an ill-timed round of fiscal austerity could result in a perilous situation for Washington.
Austerity and Anarchy: Budget Cuts and Social Unrest in Europe, 1919-2008
No full textDoes fiscal consolidation lead to social unrest? Using cross-country evidence for the period 1919 to 2008, we examine the extent to which societies become unstable after budget cuts. The results show a clear correlation between fiscal retrenchment and instability. We test if the relationship simply reflects economic downturns, and conclude that this is not the case. While autocracies and democracies show a broadly similar responses to budget cuts, countries with more constraints on the executive are less likely to see unrest after austerity measures. Growing media penetration does not strengthen the effect of cut-backs on the level of unrest.demonstrations; Europe; government deficits; instability; public expediture; riots; unrest
