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Publications (4)
Blog
Credit constraints, a consequence of the widespread failure of credit markets in developing countries, are widely regarded as a key constraint to entrepreneurship. Using 2010-11 and 2015-16 National Sample Survey data, this article shows that policy actions of the Indian government to increase...
Background Note
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– The case of India
Several countries have enacted lockdown measures in the wake of the COVID-19 pandemic to protect their health systems and reduce the number of mortalities. One of the most extreme national lockdown measures has been taken by the government of India, with over 1.3 billion persons put under a strictly...
Blog
Wim Naudé and Adam Szirmai Nobody can be left in any doubt as to the importance of innovation for prosperity on reading[i] that ‘People living in the first decade of the twentieth century did not know modern dental and medical equipment, penicillin, bypass operations, safe births, control of...
Blog
– Lessons for Developing Countries
Amelia U. Santos-Paulino and Guanghua Wan China and India have become global economic powers. Even at the market exchange rate, China overtook Japan in 2010 as the second largest economy. China’s trade and financial activities, India’s emergence as a technology and innovation hub, and both countries...
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