Tokatlidis E, Shanta Devarajan, Josh Felman, Enric Fern, Poonam Gupta, Devesh Kapur, ...
India has followed an idiosyncratic pattern of development, certainly compared with other fastgrowing Asian economies. While the importance of services rather than manufacturing has been widely...
The Evolution of Institutions in India and its Relationship with Economic Growth (2007)
Arvind Subramanian, Ejaz Ghani, Ajay Chhibber, Shanta Devarajan, Nurul Islam, Simon Johnson, ...
Krishna Srinivasan, and S. Sriramachandran for useful discussions. This paper draws upon work with my colleagues, Prachi Mishra and Petia Topalova. An anonymous referee and the editors provided...
What Undermines Aid's Impact on Growth (2005)
Raghuram G. Rajan, Arvind Subramanian, From Chris Adam, Andy Berg, Abdoulaye Bio-tchané, Aleš Bulíř, ...
We examine one of the most important and intriguing puzzles in economics: why it is so hard to find a robust effect of aid on the long-term growth of poor countries, even those with good policies. We...