India

How Indian Pharma Can Become Global Leaders

Madan Dhanora, Mohd Shadab Danish, and Ruchi Sharma review the history of the Indian government’s efforts to encourage innovation, how these efforts have manifested in the national pharmaceutical industry, and what steps the government can take to further improve innovation.

India’s Evolving Industrial Policy Is Critical for Realizing Its Development Vision

Industrial policy was once so out of fashion that it was jokingly called “the policy that shall not be named.” Now it’s back in...

How Should Developing Countries Deal With Inflation? A Q&A With Raghuram Rajan

Former central banker Raghuram Rajan speaks to ProMarket about how sources and remedies for inflation differ from the US in developing countries such as...

Five International Journalists Explain How the War in Ukraine Is Playing Out Globally

The 2022 class of the Stigler Center’s Journalists in Residence program offer their thoughts regarding the Russia-Ukraine conflict. On Tuesday last week, the Stigler Center’s...

How Twitter Weakened India’s Information Ecosystem

India’s Covid-19 crisis is a reminder that Indian democracy is also in a crisis, partly due to an information ecosystem where facts and criticism...

Indecent Proposals in Economics: The Moral Problem With Randomized Trial Experiments

The advent of field Randomised Control Trials (RCTs) has made it more acceptable for applied economists to collect data in developing countries. This raises...

We Need to Deal With WhatsApp's Misinformation Problem

A peculiar feature of WhatsApp groups has made the spread of misinformation much easier. We need better design guidelines for platforms like WhatsApp, ones...

How India’s Bridal Dowry Tradition Leads to Missing Women

In a famous essay published in 1990 the economist Amartya Sen explored the drivers of the global sex ratio imbalance, what he called the...

Uncompromisingly Rajan

Most people in power choose nominees without any outside option, because such people are willing to do anything to be reappointed. Raghuram Rajan is...

Raghuram Rajan Unexpectedly Leaves RBI

In an unexpected move that will likely reverberate throughout India’s political system and financial sector, Rajan announced he will not seek a second term...

LATEST NEWS