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Showing papers in "Artha Vijnana: Journal of The Gokhale Institute of Politics and Economics in 2011"


BookDOI
TL;DR: A review of the literature on the development impact of migration and remittances on origin countries and on destination countries in the South is provided in this article, where the authors highlight a few policy recommendations calling for better integration of migration in development policies in the south and the North.
Abstract: This paper provides a review of the literature on the development impact of migration and remittances on origin countries and on destination countries in the South. International migration is an ever-growing phenomenon that has important development implications for both sending and receiving countries. For a sending country, migration and the resulting remittances lead to increased incomes and poverty reduction, and improved health and educational outcomes, and promote economic development. Yet these gains might come at substantial social costs to the migrants and their families. Since many developing countries are also large recipients of international migrants, they face challenges of integration of immigrants, job competition between migrant and native workers, and fiscal costs associated with provision of social services to the migrants. This paper also summarizes incipient discussions on the impacts of migration on climate change, democratic values, demographics, national identity, and security. In conclusion, the paper highlights a few policy recommendations calling for better integration of migration in development policies in the South and the North, improving data collection on migration and remittance flows, leveraging remittances for improving access to finance of recipient households and countries, improving recruitment mechanisms, and facilitating international labor mobility through safe and legal channels.

148 citations


Journal ArticleDOI
TL;DR: The United Nations Convention to Combat Desertification (UNCCD) is a part of the international concern about it as mentioned in this paper, and the authors in this paper seek to analyse its implementation in the Gulf Cooperation Council (GCC) countries.
Abstract: Environmental problems have assumed importance of late and among them desertification has received more attention than many others. It is a complex issue arising from the interaction of physical, biological, political, social, cultural and economic factors in the dry lands. It makes an impact on the livelihood of the poor. The term was coined by Louis Lavauden in 1927 and popularised by Andre Aubreville in 1962. It is an irony that over 100 formal definitions of desertification were proposed by experts from time to time and a generally agreed definition was decided upon only in 1977. It received global attention in the same decade. The United Nations Convention to Combat Desertification (UNCCD) is a part of the international concern about it. This book seeks to analyse its implementation in the Gulf Cooperation Council (GCC) countries.

13 citations


Journal ArticleDOI
TL;DR: Results of the multivariate regression model suggest that households with presence of morbid conditions and prior experience of inpatient admissions were more likely to join and pay for health insurance.
Abstract: The study aims to assess the demand for health insurance, gather evidence on willingness to pay for it and its determining factors amongst the urban poor in Mumbai. This was ascertained through dichotomous bidding process on 300 households. Results of the multivariate regression model suggest that households with presence of morbid conditions and prior experience of inpatient admissions were more likely to join and pay for health insurance. They indicate the need for a state-subsidized insurance scheme as more than 50 per cent of the people willing to pay expressed their inability to pay more than one per cent of their annual income.

3 citations


Journal ArticleDOI
TL;DR: The results indicate that the share of health expenditure in India constitutes over five per cent of total consumption expenditure and it increases with age, economic status and educational level of the head of household.
Abstract: This paper examines the pattern of Monthly Per Capita Consumption Expenditure (MPCE) by socio-economic and demographic characteristics of households using unit data from 64th Round of National Sample Survey, India, 2007-2008. Household consumption expenditure is analysed with respect to food, non-food items, health and education. The results indicate that the share of health expenditure in India constitutes over five per cent of total consumption expenditure and it increases with age, economic status and educational level of the head of household. Medicine is the largest share of the total Out of Pocket (OoP) health expenditure. Around two-thirds of the households incurred catastrophic health expenditure. State differentials in OoP expenditure on health are large, possibly linking household expenditure to per capita income and share of public spending on health.

1 citations


Journal ArticleDOI
TL;DR: In this paper, an attempt has been made in this paper to analyse the differential agricultural growth pattern experienced and identify appropriate policy interventions in the state of Maharashtra, where most of the state's workforce still depends on agriculture.
Abstract: Maharashtra is economically among the most developed states in the country. But it is not counted among the advanced states in India in terms of agricultural production, though most of the state's workforce still depends on agriculture. During the last four decades, the agricultural sector has undergone many changes. Though agricultural performance improved, its progress was not sustained and showed wide fluctuations. The important characteristics of agriculture are instability in crop production and significant regional variations. Recent suicides of farmers in Vidarbha and Marathawada have once again highlighted regional disparity. An attempt has been made in this paper to analyse the differential agricultural growth pattern experienced and identify appropriate policy interventions.

1 citations


Journal ArticleDOI
TL;DR: In this paper, the authors employed a Dynamic Conditional Correlation Autoregressive Conditional Heteroskedasticity (GARCH) model to test the safe haven property of gold against stock market in India during the recent financial crisis.
Abstract: A safe haven can be broadly defined as an asset allowing the preservation of wealth during financial turmoil. This can be characterized by looking at its negative correlations with risky assets specifically during crises. The present paper employs a Dynamic Conditional Correlation Autoregressive Conditional Heteroskedasticity (GARCH) Dynamic Conditional Correlation (DCC) (DCC-GARCH) model proposed by Engel (2002) to test the safe haven property of gold against stock market in India during the recent financial crisis. For the purpose we utilize 3001 daily observations (after adjusting for the dates and missing observations due to holidays) on gold price and BSE SENSEX index closing price from 1 st January, 1998 to 30 th September, 2009. The empirical evidence is consistent with the study by Baur and Lucey (2010) that gold is a safe haven and hedge in extreme stock market conditions.

1 citations


Journal ArticleDOI
TL;DR: In this paper, a Vector Auto-Regression (VAR) analysis of inflation and monetary policy is presented, which identifies monetary policy shocks in a benchmark recursive structure of VARs with two alternative inflation measures, viz., headline WPI and core inflation measure.
Abstract: This paper provides a Vector Auto-Regression (VAR) analysis of inflation and monetary policy. It identifies monetary policy shocks in a benchmark recursive structure of VARs with two alternative inflation measures, viz., headline WPI and core inflation measure. Unlike the results in case of WPI, the response of core prices declined swiftly, following a positive call money interest rate shock. Thus, the interest rate channel is stronger for core prices. It is pertinent as RBI currently operates its monetary management through interest rate channel. The study checks robustness of results of the benchmark recursive model against alternative ordering and non-recursive identification schemes. Finally, a core price targeting scenario is generated in the benchmark VAR model with non-recursive identification scheme.

1 citations


Journal ArticleDOI
TL;DR: There are multiple factors that can either develop or destroy synergy among insurers and healthcare providers and they may be categorized into different synergy buckets (INSECT Framework) and can help to develop strategies for synergy.
Abstract: In the last decade several key incidents have occurred in the Indian health insurance arena and it is important to develop synergy among the two most important and critical players, i.e., the insurers and healthcare providers. The relationship between them governs the service delivery model. Its study is critical for the current and future growth of the industry. The study suggests that there are multiple factors that can either develop or destroy synergy among insurers and healthcare providers. They may be categorized into different synergy buckets (INSECT Framework) and can help to develop strategies for synergy.

1 citations