This overview of rural credit in 20th century India finds a remarkable continuity in the
problems faced by the poor throughout the period. These include dependence on usurious …

This paper examines the determinants of private saving in the process of economic
development, in the light of the Indian experience. It is found that the saving rate rises with …

In 1980, India nationalized its large private banks. This induced different bank ownership
patterns across different towns, allowing credible identification of the effects of bank …

This article examines the impact of the developments in the financial sector on economic
growth in India in the post-reform period. The model of Mankiw et al.(1992) was extended to …

Structural transformation—the movement of workers from low-productivity to high-
productivity activities—is an essential ingredient of inclusive growth. This paper reviews the …

This paper analyses the productivity performance of both the organised and unorganised
segments of the Indian manufacturing sector using unit level data. Both partial and total …

The paper investigates the impact of financial liberalization on the investment patterns in a
developing economy, India. The empirical findings reveal a mixed evidence in favour of the …

This article examines, empirically, whether financial deepening has contributed to poverty
reduction in India. Using unbalanced panel data for 28 Indian states and union territories …

The quantitative growth and increased social prominence of financial institutions and
markets can be usefully seen in terms of the constraints or 'discipline'they impose on other …

Dualism is a pervasive feature of the manufacturing sectors of less-developed countries,
with large differences in productivity between the informal and the formal sectors. Policy …