Vol.2 No. 1 

 

January 2004

 

RIS Diary Vol.2. No.1, January 2004. Also available in pdf format.

Conferences, Workshops, Seminars, & Meetings
RIS/ADB Seminar on Monetary and Financial Cooperation in Asia
RIS/SACEPS Workshop on Monetary Cooperation in South Asia
National Consultations on ASEAN-India Vision 2020
Seminar on Economic Cooperation between India and Central Asia
Discussion Meeting on Geographical Indications and Traditional Knowledge
MoU between EDRI, Ethopia and RIS
Discussion Meeting on TRIPS and the Indian Patents Act
Current Research/ Advisory Activities
South Asia Development and Cooperation Report 2004
Monetary Cooperation in South Asia: Potential and Prospects
Regional Cooperation for Energy Security in Asia
Agriculture Market Access After Cancun: Demystifying Formula from the Developing Countries Perspective
Implications of the WTO Tariff Proposals for Indian Industry 
Foreign Direct Investment, Development and WTO: The Case of India
Impact of Trade Liberalization on Import Demand in India: A Panel Data Analysis for Commodity Groups
Policy Notes Prepared for the Government
Latest Publications
Books

Reforms, Labour Markets, and Social Security in India by Ramgopal Agarwala, Nagesh Kumar and Michelle Riboud, (eds), Oxford University Press, New Delhi for the World Bank Institue and RIS.
This volume analyses social security policies for India focusing on the unorganized sector, which accounts for 90 per cent of India's labour force. The authors contend that existing social security policies for the formal sector cannot simply be extended to the informal one. They highlight the need for an alternative for this vulnerable segment of the workforce. The essays draw upon relevant experiences of developed as well as developing countries in this area to support the argument. The volume stresses the need for a unique social security system designed specifically for India. Cautioning against mere import of existing systems from other countries and juxtapositioning these in the Indian framework, the contributors suggest several alternatives for policy-makers.

Indian Industrial Tariffs: Towards WTO Development Round Negotiations by Rajesh Mehta, 2003.

RIS Annual Report 2002/03
Policy Briefs
#8   Energy Cooperation in South Asia: Potential and Prospects
#9 

International Financial Architecture: Continued Need for Reform

Discussion Papers
#66 How Do Infrastructure Facilities Affect Regional Income? An Investigation with South Asian Countries
by Prabir De and Buddhadeb Ghosh, 2003
This paper tries to find out the role played by infrastructure facilities in economic development across South Asian countries over the last quarter century. The findings are statistically very significant to warrant major changes in future regional policies in order to remove rising regional disparities in both infrastructure and income. This also has a strong bearing on the success of poverty removal policies as the poor are regionally concentrated in such diverse and heterogeneous region of the world.
#65 Liberalization, Foreign Direct Investment Flows and Economic Development: The Indian Experience in the 1990s
by Nagesh Kumar, 2003
This paper reviews the Indian experience with FDI since the 1991in a comparative East Asian perspective. The structure of the paper is as follows: Section 2 summarizes the evolution of Indian government’s policy towards FDI. Section 3 examines the trends and patterns in FDI inflows in the 1990s. It also comments on the determinants of FDI inflows in India. Section 4 examines the impact of FDI in terms of various parameters of development. Section 5 discusses the emerging trends in the MNE activities in knowledge-based industries in India, viz. IT software and global R&D activities. Section 6 concludes the paper with some remarks on policy lessons.
#64 India’s Monetary Integration with East Asia: A Feasibility Study
by Sweta Chaman Saxena, 2003
This paper examines the relevance of India’s monetary integration with East and Southeast Asia in particular the existence of the economic criteria for a common currency. The analysis in this paper shows that significant complementarities in trade exist among these countries, most of them experience similar shocks and labour mobility is already present. These results point to the fact that the cost of adopting a single currency may be minimal, while huge benefits could accrue from enhanced trade. The paper also recognizes the importance of yen for the success of the monetary union in Asia.
#63 Rise of Service Sector Outward Foreign Direct Investment from Indian Economy: Trends, Patterns, and Determinants
by Jaya Prakash Pradhan, 2003
The rise of service sector outward FDI (O-FDI) activities has emerged as one of the most important aspects of Indian economy during nineties. The present paper reviews the recent trends and patterns and tries to identify determinants of such investment.
#62 Short-term Forecasting of India's Export: Developing a Framework by Countries and Commodities
by Rajesh Mehta and Parul Mathur, 2003
The existing country-wise models have not given due attention to the trade sector since most of them have been built keeping in view specific objectives, and a systematic effort is still required for building a short-term econometric forecasting model for India’s export sector. It is with this view that this paper intends to fill one of the gaps in the existing macro-econometric models for the trade sector. The main objective of this paper is to develop a framework for forecasting of India’s annual exports at regular intervals, which would be carried out for principal trading partners and their principal commodities.
#61 "Evolving a National System of Biotechnology Innovation Some Evidence from Singapore"
by Sachin Chaturvedi, 2003
This paper attempts to look into the dynamics of National System of Biotechnology Innovation (NSBI) in the wider framework of its role in the economic development. The evidence from Singapore shows that sectoral approach in NSBI may help developing countries in finding a niche for growth instead of broadening the area of investment within biotechnology.
 

Journal

South Asia Economic Journal, Vol. 4(2), July-December, 2003.
Special Issue on Financial Liberalization, Corporate Financial Structuring and Governance: The Case of India
Articles:
Financial Sector Reforms and Corporate Governance of Banks in Developing Economies: The Indian Experience by T.G. Arun and J.D. Turner; Regulation as an Augmentor of Competition: The Indian Experience with the Banking Sector by N. Nagarajan; Financial Liberalization in India and the Bank Lending Channel of Monetary Transmission by Abhaysingh Chavan and Rajendra R. Vaidya; Dividend Policy and Agency Theory: Evidence from Indian Firms by Ronny Manos; Microfinance and the Poverty of Financial Services: A Perspective from Indian Experience by Sanjay Sinha and Meenal Patole. Review Article, Book Reviews, and Documents.
Asian Biotechnology and Development Review, Vol. 6(1), November 2003.
Articles:
International Experience in Human Resource Development in Biotechnology: Achievements and Lessons Learnt by Tatsuji Seki, Toshiomi Yoshida, Takuya Nihira and Edgar DaSilva; Status of Regulation of Genetically Engineered Products in Selected Countries – An Analysis by S.R.Rao; Global Bioethics and International Governance of Biotechnology by Minakshi Bhardwaj; Biotechnology Policy of the Government of Tamil Nadu and the Scope for Development by S. Felix. Bio News, Country Profile, Document, Bio Web, and Bio Stats.
Outside Publications of RIS Faculty Members

Baig, Mirza Allim et al. 2003. "Exchange Market Pressure and the Reserve Bank of India’s Intervention Activity". Journal of Policy Modeling, Vol.25(8), pp.727-748, November.

Chaturvedi, Sachin. 2003. "Agricultural Biotechnology and Emerging Trade Regime at WTO: Some Issues of Concern". In Trade and Biodiversity (ed.). IUCN Regional Biodiversity Programme, Colombo, October.

George, J. 2003. "Patently Absurd: Bartering Away Innovative Intellectual Capabilities". The World Trade Review, Issue No. 21, Vol. 3, 1-15 November [www.worldtradereview.com].

George, J. 2003. "South Asian Agriculture Despite Cancun Setback: Balancing Livelihood Options with Three Pillars of AoA". Regional Conference cum Training Background Papers on "Post Cancun Agenda for South Asia".

George, J. 2003. "WTO and Food Processing Industries in India: Impact and Challenges". AAFFexions, Special Annual Number 2003, Afro-Asian Federation of Food Science & Technology Institutions, CFTRI, Mysore. Released by Dr M.S. Swaminathan during IFCON-2003, December 5-8.

Kumar, Nagesh. 2003. "Use and effectiveness of performance requirements: What can be learnt from the experience of developed and developing countries?" In: The Development Dimension of FDI: Policy and Rule-Making Perspectives. Geneva: UNCTAD.

Mehta, Rajesh. 2003. "Challenging Avenues in Sanitary and Phyto-sanitary Agreement for India: A Case study of Processed Food Products", in Agriculture Diversification in South Asia, IFPRI.

De, Prabir. 2003. "Container Port System Concentration". Transportation Quarterly, Vol. 57, No. 4.

De, Prabir. 2003. "Indian Ports in the Era of Globalisation". World Port Development, Vol. 3, No. 10.

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