Journal articles on the topic 'US Indian Policy'
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Nyawo, Seabelo T., and Roscoe Bertrum Van Wyk. "The Impact of Policy Uncertainty on Macro-Economy of Developed and Developing Countries." Journal of Economics and Behavioral Studies 10, no. 1(J) (March 15, 2018): 33–41. http://dx.doi.org/10.22610/jebs.v10i1(j).2086.
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This paper investigates the effects of a US economic policy uncertainty shock on Indian macroeconomic variables with a number of Structural VARs. This study models the economic policy uncertainty index as constructed by Baker et al. (2013). The study also uses a set of macroeconomic variables for India such as inflation, industrial production and nominal interest rate. The objective of the study is to identify the potential impacts of economic policy uncertainty shocks from the US economy to the Indian economy. According to the SVARs, a one standard deviation shock to the US economic policy uncertainty leads to a statistically significant decline in the Indian industrial production of -0.294% and in the Indian inflation of -0.032%. India shows to be resistant to US policy uncertainty. Furthermore, the study finds that the contribution of the US economic policy uncertainty on the Indian macroeconomic variables is shown to be significantly larger than the one exerted by the Indian uncertainty shock.
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Nyawo, Seabelo T., and Roscoe Bertrum Van Wyk. "The Impact of Policy Uncertainty on Macro-Economy of Developed and Developing Countries." Journal of Economics and Behavioral Studies 10, no. 1 (March 15, 2018): 33. http://dx.doi.org/10.22610/jebs.v10i1.2086.
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This paper investigates the effects of a US economic policy uncertainty shock on Indian macroeconomic variables with a number of Structural VARs. This study models the economic policy uncertainty index as constructed by Baker et al. (2013). The study also uses a set of macroeconomic variables for India such as inflation, industrial production and nominal interest rate. The objective of the study is to identify the potential impacts of economic policy uncertainty shocks from the US economy to the Indian economy. According to the SVARs, a one standard deviation shock to the US economic policy uncertainty leads to a statistically significant decline in the Indian industrial production of -0.294% and in the Indian inflation of -0.032%. India shows to be resistant to US policy uncertainty. Furthermore, the study finds that the contribution of the US economic policy uncertainty on the Indian macroeconomic variables is shown to be significantly larger than the one exerted by the Indian uncertainty shock.
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Jaswal, Anshuman, and Bhavna Ranjan Ahuja. "Unconventional US Monetary Policy: Impact on the Indian Economy." Indian Economic Journal 68, no. 4 (December 2020): 535–53. http://dx.doi.org/10.1177/0019466221998627.
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This article examines the impact of the US Quantitative Easing (QE) on the Indian economy. Against the backdrop of indications of economic slowdown worldwide and developing countries lowering the interest rates and restarting the treasury purchases, it aims to understand the influence US QE had on Indian economy and how it will impact way forward. Macroeconomic variables pertaining to India and the USA were examined from September 2008 to June 2019 (fortnightly data) using the vector error correction method model. It was found that the influence of the US monetary base on the Indian money supply was far more as compared to the US policy rate. Overall, the impact of QE on the Indian economy has not been as large as on the other economies of the world due to regular RBI intervention in terms of interest rates, exchange rates and other active monetary policy measures. JEL Classification Codes: E44, E52, E58, F32, O16
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Roy‐Chaudhury, Rahul. "US naval policy in the Indian ocean." Strategic Analysis 22, no. 9 (December 1998): 1311–28. http://dx.doi.org/10.1080/09700169808458885.
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Anusha, Tanneru, and Seema Nazneen. "India’s Major Trade Partners UK and US." Shanlax International Journal of Arts, Science and Humanities 8, no. 3 (January 1, 2021): 68–76. http://dx.doi.org/10.34293/sijash.v8i3.3281.
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On the eve of planning the trade, the foreign trade of India with the US and the UK showed an excess of exports over imports from more than a decade. Foreign trade in India showed excess imports over exports. The trade deficit was largely due to the war pre-war and post-war. This paper is based on secondary data collected from commerce and industry and other various government reports and sources. It also demonstrates Indian trade from a global perspective. Indian trade with the United States and the United Kingdom and the relations trade terms are analyzed. The major sectors and products involved in the trade are studied. The Indian Institute of foreign trade promotes imports and exports trade terms and agreements and also envelops the full range of global business. Foreign trade policy or Exim policy along with simplification and merger reward schemes are studied. India’s trade for the past years was seen negative due to certain reasons. The trade analysis of India was done for the year 2019-20. The effect of India’s foreign trade for 2020 is studied. The world trade scenario in the recent estimated in the IMF.
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Jayaraman, K. S. "Frosty US visa policy leaves Indian science cold." Nature 439, no. 7079 (February 2006): 901. http://dx.doi.org/10.1038/439901a.
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Cho, Hyojung, and Ernest Gendron. "Public Heritage Communication on American Indian Wars Sites: Policy Improvement and Remaining Challenges." Journal of Heritage Management 2, no. 2 (December 2017): 152–68. http://dx.doi.org/10.1177/2455929617738455.
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Federal historic preservation is an important way to provide public recognition and to promote heritage that was selected by the government for the nation. The history of (American) Indian policies shows an arduous relationship between the US government and American Indians. In spite of the evolution of federal preservation efforts and the federal government’s public heritage communication, Indian heritage sites still reflect the authoritarian and utilitarian understanding towards the Indian heritage. This research studies the US federal government’s understanding of Indian Wars sites through the analysis of interpretation at the Washita Battlefield National Historic Site, which reveals the historically dual approaches towards Indian heritage conservation and the persistent tendency of limited under-standing for American history in the larger social and political arenas despite policy improvement. American Indian battlefields have been neglected in orthodox preservation considering their insufficient value to qualify for patriotic military history preservation or Indian relics preservation. The analysis of preservation efforts and interpretation of Indian Wars sites indicates the evolution of controlling (American) Indian heritage through policy changes and the assessment of policy implementation.
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Singh, Amanjot, and Manjit Singh. "A revisit to how linkages fuel dependent economic policy initiatives." International Journal of Law and Management 59, no. 6 (November 13, 2017): 1068–108. http://dx.doi.org/10.1108/ijlma-08-2016-0074.
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Purpose The authors aim to report empirical linkages between the US and Brazil, Russia, India and China (BRIC) financial stress indices catalyzing catalyzing dependent economic policy initiatives (an extended version of Singh and Singh, 2017a). Design/methodology/approach Initially, the study develops financial stress indices for the respective BRIC financial markets. Later, it captures linkages among the said US-BRIC indices by using Johansen cointegration, vector autoregression/vector error correction models (VECM), generalized impulse response functions, Toda–Yamamoto Granger causality, variance decomposition analyses and bivariate generalized autoregressive conditional heteroskedasticity (GARCH) model under constant conditional correlation framework, in general. Markov regime switching and efficient causality tests proposed by Hill (2007) are also used. Findings Overall, there are both short-run and long-run dynamic interactions observed between the US and Indian financial stress indices. For rest of the markets, only short-run interactions are found to be in existence. The time-varying co-movement coefficients report financial contagion impact of the US financial crisis on Russian and Indian financial systems only. Contrary to this, Brazilian and Chinese financial systems are largely exhibiting interdependence with the US financial system. Efficient causality tests report indirect impact of the Russian financial system on Brazilian via auxiliary Indian financial system. Originality/value The present study is the first of its kind capturing linkages among the US-BRIC financial stress indices by using diverse econometric models. The results support different market participants and policymakers in understanding effectiveness and implementation of economic policies while considering their cross-market interactions as well.
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Mikaelian, Arman Artakovich, and Vladimir Mikhailovich Morozov. "The U.S. Factor in Sino-Israeli and Indian-Israeli Relations." Vestnik RUDN. International Relations 21, no. 2 (December 15, 2021): 338–49. http://dx.doi.org/10.22363/2313-0660-2021-21-2-338-349.
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The article analyses the US influence on Israeli policy towards both China and India. The United States has had and still has a significant influence on the dynamics of Israeli-Chinese and Israeli-Indian relations. The relevance of the issue stems from the growing importance of China and India in the world affairs amid rising tensions between the US and China that are spilling into a trade war. The article aims to explore the US influence on Israels policy in Asia. It examines the way how the Israeli leadership has adapted to Washingtons influence while promoting its strategic cooperation with China and India. The study comprises historical method, comparative analysis and historical-systematic analysis. The author comes to the following conclusions. First, Washingtons influence on Sino-Israeli relations has gone through five development stages: the first stage (1971-1989): implicit US support for the development of Sino-Israeli relations; the second stage (1990-1998): American criticism of military and technical cooperation between Israel and China; the third stage (1999-2005): Washingtons shift from criticism to pressure policy in order to prevent the Israeli leadership from military cooperation with China; the fourth stage (2006-2016): Israels acceptance of US demands and refusal to supply arms to Beijing (with Tel Aviv focusing on the development of trade and economic relations with China); the fifth stage (2017 - present): U.S. criticism of Israeli-Chinese economic cooperation amid worsening contacts between Beijing and Washington. The Israeli government is trying to meet Washingtons demands as well as preserve its strategic economic relations with Beijing. Second, the US factor, on the contrary, contributed to normalization of Indian-Israeli relations, having a positive impact on the development of trade, economic and military cooperation between Tel Aviv and New Delhi. Third, the US actions can be explained by an attempt to preserve its national interests. At the same time, the author stresses that the US influence on Israels policy in Asia complies with Washingtons regional priorities set forth in the 2017 US National Security Strategy.
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Stone, Dr Leonard A. "CONTEMPORARY INDIAN FOREIGN POLICY AND THE INDO-US STRATEGIC PARTNERSHIP." Jadavpur Journal of International Relations 7, no. 1 (June 2003): 87–111. http://dx.doi.org/10.1177/0973598403110004.
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Wolfe, Patrick. "After the Frontier: Separation and Absorption in US Indian Policy." Settler Colonial Studies 1, no. 1 (January 2011): 13–51. http://dx.doi.org/10.1080/2201473x.2011.10648800.
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Patnaik, Anuradha. "International Transmission of Monetary Policy: The Usa to India." International Letters of Social and Humanistic Sciences 54 (June 2015): 53–62. http://dx.doi.org/10.18052/www.scipress.com/ilshs.54.53.
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The present study attempts measure the transmission of monetary impulse from the USA to India by trying to quantify the extent of volatility spillover from the US monetary policy to the exchange rate and interest rate of India. By applying a t-DCC MGARCH model to daily data on Fed Funds Rate, Rupee Dollar Exchange Rate and the Call Money rate of India it was found that there is considerable volatility spillover from the Fed Rate to the exchange rate. Spillover is also clearly evident in case of the call rate. The extent of spillover is higher for the foreign exchange rate than the call money rate. However, it was also noticed that the spillover is asymmetric in either of the cases and is higher during phases of high volatility. In an era of flexible exchange rates excessive dependence of the Indian Economy on short term capital flows to finance the current account deficits which raises the dollar demand and exposes the Indian economy to the Monetary Policy of the US, needs to be reduced. Reforms in the nature of capital flows is also the need of the hour.
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Dranitsaris, George, Ilse Truter, Martie S. Lubbe, Nitin N. Sriramanakoppa, Vivian M. Mendonca, and Sangameshwar B. Mahagaonkar. "Improving patient access to cancer drugs in India: Using economic modeling to estimate a more affordable drug cost based on measures of societal value." International Journal of Technology Assessment in Health Care 27, no. 1 (January 2011): 23–30. http://dx.doi.org/10.1017/s026646231000125x.
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Background: Using multiples of India's per capita gross domestic product (GDP) as the threshold for economic value as suggested by the World Health Organization (WHO), decision analysis modeling was used to estimate a more affordable monthly cost in India for a hypothetical new cancer drug that provides a 3-month survival benefit to Indian patients with metastatic colorectal cancer (mCRC).Methods: A decision model was developed to simulate progression-free and overall survival in mCRC patients receiving chemotherapy with and without the new drug. Costs for chemotherapy and side-effects management were obtained from both public and private hospitals in India. Utility estimates measured as quality-adjusted life-years (QALY) were determined by interviewing twenty-four oncology nurses using the Time Trade-Off technique. The monthly cost of the new drug was then estimated using a target threshold of US$9,300 per QALY gained, which is three times the Indian per capita GDP.Results: The base-case analysis suggested that a price of US$98.00 per dose would be considered cost-effective from the Indian public healthcare perspective. If the drug were able to improve patient quality of life above the standard of care or survival from 3 to 6 months, the price per dose could increase to US$170 and US$253 and offer the same value.Conclusions: The use of the WHO criteria for estimating the cost of a new drug based on economic value for a developing country like India is feasible and can be used to estimate a more affordable cost based on societal value thresholds.
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Singh, Amanjot, and Manjit Singh. "How linkages fuel dependent economic policy initiatives." International Journal of Law and Management 59, no. 2 (March 13, 2017): 303–18. http://dx.doi.org/10.1108/ijlma-01-2016-0007.
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Purpose With the globalization and liberalization in terms of increasing financial flows across the countries, the policy makers around the world are not independent in the context of monetary and fiscal policy initiatives. In this regard, this paper aims to attempt to quantify and capture long run, short run as well as time-varying linkages among the two financial stress indices, namely, Kansas City Financial Stress Index (KCFSI) and Indian Financial Stress Index (IFSI) across the monthly period (2004 to 2014). Design/methodology/approach Owing to the non-existence of a standardized financial stress index with regards to the Indian financial system, the study has developed an index/stress indicator using principal component analysis. Furthermore, to comprehend the linkages, the study uses bivariate Johansen cointegration model, vector error correction model, impulse response functions (IRF), variance decomposition analysis (VDA), Toda-Yamamoto’s Granger causality test and, finally, bivariate generalized autoregressive conditional heteroskedastic (BVGARCH) (1,1) model under constant conditional correlation (CCC) framework. Findings The results report a stochastic trend among the two indices wherein the US financial system acts as a source of a shock causing disequilibrium in the long run co-movement. About 40 per cent of the adjustments take place in one month and rest in the coming months. Both the IRF and VDA report a greater degree impact of the US financial stress on the Indian financial system. Moreover, there is a uni-directional short run causality running from the stress in the US financial system to the Indian financial stress. Furthermore, the co-movement between the US and Indian financial stress reached to its maximum significant level during the sub-prime crisis even confirmed by the Markov switching model results. Practical implications Overall, the results provide an insight to the financial market investors both domestic as well as international in their act of risk management. The financial stress prevailing in an economy further has an impact on different economic factors like foreign exchange rates, interest rates, yield curves, equity market returns and volatility. So, the empirical results support strong implications for the Indian policy makers as well as investors in the Indian financial markets. Originality/value The present study contributes to the literature in three senses. First, the study considers indices reflecting financial stress in the Indian as well as US financial system. Second, the study captures long run as well as short run linkages among the financial stress indices relating to a developed and an emerging market. Finally, the study uses CCC-BVGARCH (1,1) model to account for the time-varying co-movement among the financial stress indices. This helps in comprehending time-varying nature of the co-movement of the stress in the financial system prevalent in the respective markets.
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Yousafzai, Iftikhar Ahmad, and A. Z. Hilali. "India’s Role as a Determinant in Pakistan-US Relations (2005-2015)." Review of Applied Management and Social Sciences 4, no. 1 (March 31, 2021): 285–93. http://dx.doi.org/10.47067/ramss.v4i1.122.
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The United States adopted a policy of de-hyphenation in its relations with India and Pakistan in the post-09/11 period which continued to be operational in the period 2005-2015. This policy apparently meant that the United States would deal each of the two South Asian adversaries, India and Pakistan. The main reason for this phenomenon was that the policy-makers in the US saw India as a heavy-weight to counter the rising economic, political and military power of China in Asia. Pakistan could not be fitted in this strategic calculus. The United States changed its previous position on Kashmir and instead of calling for resolving this issue according to the United Nations resolutions, it stressed on bilateral negotiations. Similarly, the United States endorsed Indian stance that Pakistan was backing terrorist outfits that perpetrated acts of terrorism in India. Strategic partnership between The US and India extended cooperation in civil nuclear technology, missile defense, space technology and defense production. No such cooperation could be extended to Pakistan. Permanent membership in the UN Security Council for India was endorsed despite Pakistan’s objections.
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Ahmad, Moid U., and Hetti Arachchige Gamini Premaratne. "Effect of Low and Negative Interest Rates: Evidence from Indian and Sri Lankan Economies." Business Perspectives and Research 6, no. 2 (April 18, 2018): 90–99. http://dx.doi.org/10.1177/2278533718764503.
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Interest rates are critical to any economy. Usually the central bank of a country supervises and tries to control the interest rates but there is always an element of uncontrollable effects: local or international. A central bank adopts a monetary strategy to affect various macroeconomic parameters such as inflation, exchange rate (ER), economic growth and many others. A country may decide to adopt Ultra-low Interest Rate Policy (ULIRP) or Negative Interest Rate Policy (NIRP) or a policy with moderate/high rate of interest. In today’s global business scenario, economies are connected and influence one another. The US and UK economies have seen a very low and negative interest rates historically, at least in recent past. Indian and Sri Lankan economies are integrated with the US and UK economies and thus are affected by their prevailing interest rates. The effect of low and zero interest rate policy of a country (USA and UK) on interest rates and economy of co-integrated economies (India and Sri Lanka) have been studied in this research. The objective of this study is to understand the implications of ULIRPs and NIRPs in the context of Indian and Sri Lankan economies. Two significant conclusions of the research are that Indian and Sri Lankan economies are affected by the US and UK policies and that they are affected at a lag of eight years.
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Goyal, Ashima, and Abhishek Kumar. "A DSGE Model-Based Analysis of the Indian Slowdown." Journal of International Commerce, Economics and Policy 11, no. 01 (February 2020): 2050004. http://dx.doi.org/10.1142/s1793993320500040.
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A New Keynesian Dynamic Stochastic General Equilibrium (DSGE) model with habit persistence used to examine the US slowdown is also used to analyze the contribution of basic demand and supply shocks to the Indian slowdown. Kalman filter-based maximum likelihood estimation is undertaken with Indian output, inflation and interest rate data. First, our model based output gap tracks the statistical Hodrick–Prescott filter-based output gap well. Second, comparison of estimated parameters, impulse responses and forecast error variance decomposition between India and the US brings out the differences in policy responses, the structure of the two economies and their inflationary processes. There is a higher impact of interest rate shocks on output and inflation, and lower impact of technology shocks on output but higher on inflation in comparison to US. The former indicates monetary policy over-reaction and the latter validates a supply curve that technology shocks shift and inadequate adjustment of actual to potential output. Habit persistence is higher, markup and interest rate shocks are more volatile in India. Markup shocks play a much larger role in determination of Indian inflation again pointing to the importance of supply side factors. Third, smoothed states obtained from the Kalman filter to create counterfactual paths of output and inflation (during 2009:Q4 to 2013:Q2) in the presence of a given shock, show monetary shocks imposed significant output cost. The output gap was negative post the 2011 slowdown and in 2016.
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Sarmad, Khwaja. "Dennis Kux. Estranged Democracies: India and the United States 1941-1991. New Delhi: Sage Publications. 1993. Hardbound. Indian Rupees 375.00." Pakistan Development Review 33, no. 2 (June 1, 1994): 200–201. http://dx.doi.org/10.30541/v33i2pp.200-201.
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Cold war US-Soviet relations were characterised by a large gap between hostile talk and cautious action, though both countries backed and armed rival sides in wars in the third world. During the cold war US foreign policy was detennined by the sole objective of containing Soviet territorial and ideological 'expansionism'. This was also the defining element in US-Indian subcontinent relations in the coldwar period. Thus the main reason for the estrangement in US-India relations is not hard to discern-while the US aggressively sought partners in its anti-Soviet alliance system, India nurtured its economic and military supplies relationship with the Soviet Union. Furthermore, while there persisted a fundamental conflict between Pakistan and India over the Kashmir issue, Pakistan participated in the US sponsored anti-Soviet alliance system and gained from US military and economic assistance.
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Hsing, Yu. "Determinants of the Indian rupee/US dollar exchange rate and policy implications." International Journal of Economics and Business Research 10, no. 2 (2015): 105. http://dx.doi.org/10.1504/ijebr.2015.070977.
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George, Ann Mary. "The US pivot and Indian foreign policy: Asia's evolving balance of power." Commonwealth & Comparative Politics 55, no. 2 (March 8, 2017): 242–45. http://dx.doi.org/10.1080/14662043.2017.1290746.
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Sultan, Shazia, Zahid Anwar, and Tahira Jabeen. "Pakistan Factor in India’s Policy Towards Afghanistan Under BJP Government." Review of Education, Administration & LAW 3, no. 2 (September 30, 2020): 195–204. http://dx.doi.org/10.47067/real.v3i2.52.
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The study offered a brief history of the Pak –Indo relations with Afghanistan and has analyzed some troubles relation among the three states. The Pakistan factor in the Indian-Afghan relations since independence in general and under BJP government in particular is the part of this investigation. The paper has discussed the importance of Afghanistan for India and Pakistan and the struggle of both countries for acquiring influence there. The Indian policy of soft power to encircle Pakistan has been focused. The paper has tried to explore the current BJP government policies regarding peace dialogue among Pakistan US, Taliban and Afghan government and their policy of Intra-Afghan dialogue. The response of afghan government and people towards Indian policies has been highlighted. The paper concludes that nothing is certain in the mutual relations of these countries as the national interest of the states does not remain same and permanent all the time and it usually depend on current regional and international environment. The current close affiliation between Indo-Afghan may take turn to Pak-Afghan love relation similar to the cold war affiliation.
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Siddhartha, V. "The Roles and Dimensions of Science and Technology in India’s Foreign Policy." Defence Science Journal 67, no. 4 (June 30, 2017): 481. http://dx.doi.org/10.14429/dsj.67.11543.
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The new millennium perspectives on science and technology and its role in India’s foreign policy can be ascertained from a variety of instances. Former Prime Minister Manmohan Singh, during his visit to the US in September 2000 talked about the ‘repositioning’ of India in regional and world affairs. In January 2015, during his address to the Indian Science Congress, Prime Minister Narendra Modi talked about a growing trend of international collaboration in research and development that India should be able to take advantage of. It was primarily for this reason that PM Modi had placed science and technology at the forefront of India’s diplomatic engagement. The fact that this address was made at the Indian Science Congress and not at a meeting of Indian ambassadors was in itself significant. Besides, the recent discourse in newspapers on India’s membership to the Nuclear Suppliers Group (NSG) and the Missile Technology Control Regime (MTCR) has been led by the Ministry of External Affairs (MEA), rather than by the country’s scientific community. This substantive involvement is indicative of the noticeable diffusion of science and technology into India’s foreign policy-making.
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Behera, Laxman Kumar, and G. Balachandran. "Indo-US Defence Industry Cooperation: A Prognosis." India Quarterly: A Journal of International Affairs 74, no. 3 (August 21, 2018): 337–42. http://dx.doi.org/10.1177/0974928418785455.
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The defence industrial cooperation is a clear missing link in an otherwise expanding strategic relationship between India and the US. The one-way defence trade is not only out of sync with India’s traditional demand for technology transfer and license production from its arms suppliers, but is also contrary to Make in India initiative of the Indian government. It is, therefore, imperative for New Delhi in particular to find an industrial solution to its increasing yet skewed defence trade relationship with the Washington. Besides demanding industrial benefits from all possible defence deals with the US in the future, New Delhi has to do a few more things to deepen the industry-to-industry cooperation with the US. Among others, it has to use its defence offset policy carefully to facilitate greater military-specific technology transfers for its industry; and at the same time lay a strong foundation for a robust in-house industrial base which can receive and absorb all such transfers.
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Rahman, Md Sayedur, and Shakila Tul-Kubra. "Economic dimension of India’s foreign policy towards Russia: Late 20th- early 21st century." Contemporary Research: An Interdisciplinary Academic Journal 4, no. 1 (November 8, 2020): 153–73. http://dx.doi.org/10.3126/craiaj.v4i1.32757.
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In the international framework India is finding a larger position for itself. This hope is focused on the belief that India is a prosperous democracy with substantial human and material resources; it is an increasingly strong economic power; it has a proven record as a responsible and law-abiding regime, and as a member of the non-aligned party it has consistently shared the interests of the developing nations. Indian foreign policy makers argue that India wants to re-invent itself at this point of 'take-off' as a great force. India needs new alliance for the proposed new position, including the dominant superpower, the United States of America (US). The US has said it would turn India into a great force. This essay attempts to examine the old pattern of relations with Russia that India had enjoyed. There's an Indo-US triangular alliance taking its place. How is this current type of strategic partnership distinct from that of the Indo Soviet/ Russian alliance? However, both countries' natural desire to strive towards multi polarity in world politics has helped restore the relationship, particularly over the past decade. Remarkably, ties with the US no longer stand in the way of stronger relations between India and Russia. The turbulent security climate marked by what is frequently assumed to be the state-sponsored insurgency invulnerable Asian areas, the war in Afghanistan, and the political turmoil in both Afghanistan and Central Asian countries has paved the way for a strategic alliance between India and Russia.
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Sehgal, Sanjay, and Mala Dutt. "Domestic and International Information Linkages for the US Dollar/Indian Rupee Contracts: An Empirical Study." Management and Labour Studies 43, no. 4 (September 19, 2018): 205–33. http://dx.doi.org/10.1177/0258042x18791625.
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This study examines price discovery and volatility linkages between USD/INR spot and futures contracts in India and between USD/INR futures contracts on National Stock Exchange of India Limited (NSE), India and on three international exchanges, namely Singapore Exchange (SGX), Dubai Gold and Commodity Exchange (DGCX) and Chicago Mercantile Exchange (CME), from 29 August 2008 to 30 March 2015. Findings show that, at domestic level, the futures dominate spot in the Indian currency market; these findings are stronger than those in an earlier study, indicating improved pricing as well as hedging efficiency in the Indian currency market. At international level, NSE is dominated by both CME and DGCX in price discovery and in short-term volatility spillovers, while NSE dominates both exchanges in long-term volatility spillovers. Further, NSE dominates SGX in the international information process. The dominance of CME and DGCX over NSE may be on account of their several advantages such as longer trading hours, operations being open even after NSE has shut business, much lower trading costs as well as lower regulatory restrictions. The study provides several significant policy suggestions for improving efficiency of the Indian currency market and is also relevant for foreign portfolio investors (FPIs), domestic investors, researchers and academicians. It contributes to literature on information transmission relating to currency markets in emerging economies.
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Menon, Siddhartha. "The influence of US foreign DBS policy on Indian DBS TV: a case study of policy transfer." Telecommunications Policy 25, no. 8-9 (September 2001): 543–64. http://dx.doi.org/10.1016/s0308-5961(01)00030-1.
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D’Souza, Ashok Antony. "Chomsky’s Discourse on US Foreign Policy, Media and Human Rights Interface: Implications to Indian Media." Artha - Journal of Social Sciences 11, no. 2 (July 13, 2012): 1. http://dx.doi.org/10.12724/ajss.21.1.
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The United States (US) is usually thought of as a nation representing freedom, democracy and human rights. However, as shown by Noam Chomsky and a few others, the US has turned out to be the most dominant imperialist nation as it is a ‘super power’ with immense political and economic clout. The US has been involved in human rights’ violations, Chomsky claims, with an intention of capturing markets for its goods and services, but has been successful in veiling it by shaping popular consciousness through its hegemony over popular media.
Chomsky argues that the US has been preparing the ground for human rights’ violations by the use of ‘Propaganda Model’ which ‘filters’ reality in such a way as to give the ‘news’ that is perverted to serve the needs of the ruling elite. For instance, in many of the ‘news’ reports the weapons of mass destruction used by the US are attributed human traits while the citizens of the enemy nation are presented as nameless “aggressors” or “terrorists”.
The relevance of the paper rests on working out the implications of Chomsky’s perspectives on the use of media by the US to serve its propagandist model and the implications of such tendencies to nations like India. The paper also tries to work out the possible way out of this impasse.
Keywords: Culture of terrorism, human rights, media, propaganda model, US imperialism
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Thomas, Ansu. "Bushmeat and zoonoses threats warrant need for national zoonoses combat inter-disciplinary research partnership, evolving citizen science and policy ban of trade and consumption." International Journal of Scientific Reports 7, no. 1 (December 22, 2020): 68. http://dx.doi.org/10.18203/issn.2454-2156.intjscirep20205499.
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<p class="Noindentpara">“We must find them before they find us” said Dr.Shi, Bat Virologist”. Indian bat species diversity stands 127 ssp and China 147 bat ssp. Indian publications online (2000-2020), searching “bat”, “Chiroptera”, “India”, retrieved results viz., 191 (Elsevier); 27 (Scopus) and 0 (Wiley). For China, 594 publications exist (2000-2017)2; Himalayan cave bat biodiversity is not systematized, average annual deforestation rate, from 2000 to 2014 being 0.5% (Bhutan, Nepal) but 1.3% in India, China. “Dilution effect”, so-called “negative diversity–disease”, says ‘biodiversity losses promote disease transmission’. Protecting natural areas from human incursion reduces zoonotic disease spillover. Emergence of bat coronavirus represents recent viral explosion reaction to declining biodiversity. Meta-analysis of 143 hunting studies from India showed 114 mammal species but bat-hunting data absent.</p>
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Baker, H. Kent, and Sujata Kapoor. "Dividend policy in India: new survey evidence." Managerial Finance 41, no. 2 (February 9, 2015): 182–204. http://dx.doi.org/10.1108/mf-01-2014-0024.
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Purpose – The purpose of this paper is to survey managers of dividend-paying firms listed on the National Stock Exchange (NSE) in India to learn their views about the factors influencing dividend policy, dividend issues, and explanations for paying cash dividends and repurchasing shares. The authors compare the results to other dividend surveys based on firms in Indonesia, Canada, and the USA. Design/methodology/approach – The authors use questionnaire to gather primary data from a sample of 500 firms listed on the NSE. Findings – The most important determinants of dividends involve earnings (the stability of earnings as well as the level of current and expected future earnings) and the pattern of past dividends. Comparing the overall rankings of the 21 factors by respondents from Indian firms to those of Indonesian, Canadian, and US firms reveals statistically significant correlations. Respondents also perceive that dividend policy affects firm value. Respondents also view maintaining an uninterrupted record of dividends as important. The most highly supported explanations for paying cash dividends concern signaling, the firm life cycle, and catering. Although none of the theories of repurchasing shares is dominant, respondents provide little support for the agency explanation. Research limitations/implications – Although the tests suggest that the sample does not suffer from non-response bias, the findings should be viewed as suggestive rather than definitive because of the relatively low response rate. Originality/value – The paper presents new evidence about dividend policy of Indian firms. To the knowledge, this is the most comprehensive survey of Indian firms to date that captures managerial perceptions on both cash dividends and share repurchases.
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Sodhi, Chhavi, and Pushpendra Singh. "Health service system in transition." International Journal of Health Governance 21, no. 4 (December 5, 2016): 204–21. http://dx.doi.org/10.1108/ijhg-03-2016-0020.
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Purpose The purpose of this paper is to present a historical overview of the health service sector in India. The development in the healthcare sector from the late eighteenth century into current times is examined from the prism of the role played by British and US healthcare systems in influencing change in the Indian setup. Design/methodology/approach Online databases searched were PubMed and JSTOR, using the search terms, “Indian health service system in transition”, “British influence on the Indian healthcare setup” and “American neo-liberal influence on Indian healthcare sector”. The authors then examined titles and abstracts of selected articles for short-listing relevant articles. Reference lists of selected articles were examined for further locating related studies. While this constituted the secondary literature for the current paper, reports by governmental and non-governmental organisation reports on the Indian health service system too were utilised as primary data sources. Findings Influenced by the British and later by the American healthcare system, the Indian healthcare network has undergone numerous changes. In the present era, the Indian healthcare system is increasingly veering towards the American model of healthcare delivery. Health is increasingly being conceived of as a commodity to be traded in the market, with the state’s role curtailed towards provisioning for and facilitating access of the weakest sections of the society through a means-tested insurance system. This has happened without adequate checks and balances on the private sector to ensure that the needs of the people accessing the system are adequately met. Social implications By tracing the development of the health service sector in India and the motives that guide such change, the paper depicts how the thrust of the system has altered from one providing universal healthcare services to the people, irrespective of their ability to pay, at the time of independence to commercialisation in present times. With the marketisation of healthcare, the focus has shifted from serving people to profiting from the provisioning of healthcare. Originality/value The paper throws light on the underlying inadequacies of the Indian healthcare setup and the need for more active participation by the government in this sector in the future if it aims to make healthcare more equitably accessible to its vast population.
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Shaikh, Salman. "“CROSS COUNTRY COMPARATIVE ANALYSIS OF US GLOBAL RECESSION (2008) ON INDIA AND OTHER HIGHLY AFFECTED COUNTRIES USING VARIOUS ECONOMIC INDICATORS.”." GAP iNTERDISCIPLINARITIES - A GLOBAL JOURNAL OF INTERDISCIPLINARY STUDIES 3, no. 2 (May 30, 2020): 116–24. http://dx.doi.org/10.47968/gapin.320020.
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Finance is one of the most crucial elements for the growth and development of any economy. India has adopted the policy of LPG i.e. liberalization, privatization, and globalization, as a result of it the doors of trade and commerce became broadened and today the veins of Indian economy is strongly connected with the global economy. Banks and financial institutions are the significant medium to exchange the finance and let the flow of liquidity to be floated from surplus sector to the deficit one across various countries. Global crisis took place in the year 2007- 2008 in the US economy highly influenced Indian trade as well as majority of the countries at large. In the present paper the attempt is made to reflect the extent of damage to the major countries due to US economic crisis on their GDP, Employment Investments, Etc.
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Nisar, Rana Danish. "CHINESE PERCEPTION OF INDO]US NEXUS: IMPLICATIONS FOR CHINA IN SOUTH ASIAN REGION (Brief Overview)." RUDN Journal of Political Science 21, no. 2 (December 15, 2019): 311–22. http://dx.doi.org/10.22363/2313-1438-2019-21-2-311-322.
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After the collapse of the USSR, the US changed its policies, shifted its priorities and started viewing China’s economic emergence as a great threat to US interests. Due to the rapid economic growth and military development, the People’s Republic of China has become a rival for the US in the global arena. Meanwhile, as the US is reshaping its policy in accordance with the modern geopolitical reality, it starts regarding India as a powerful ally for holding China back. The close rapport between India and the USA is being established on the account of economic liaisons and combined efforts against security threats. Currently, India and the US are redefining their affiliations and building a potent nexus to secure their common interests, particularly in keeping China at bay. The formation of amicable Indo-US relations has resulted in the collective agenda for achieving the two countries’ common objectives in Asia. According to A. Tellis, the two foremost strategic goals of the two countries in Asia are: firstly, to contain the growing influence of China in Asia and its adjacent territories and establish Indian hegemony in the region; secondly, to promote friendly relations with other major actors in the region in order to garner support for India. The two countries’ strategic plan towards China is to isolate the country from the rest of the region. The presence of the US naval forces in the Indian Ocean and recent military exercises in Malabar have increased the US-India ties and have helped to establish control over Chinese naval and trade routes and sea lines of communication. Senior US officials have openly declared their intentions of strategic containment of China. As was noted by one of India’s leading political analysts John Cheian, “Washington’s primary goal is developing alliance with India in order to contain China”. The given article presents an outlook on the Chinese perception of the US-India nexus.
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Singh, Balwinder. "INDO-US STRATEGIC RELATIONS IN 21ST CENTURY." International Journal of Research -GRANTHAALAYAH 5, no. 7 (July 31, 2017): 417–21. http://dx.doi.org/10.29121/granthaalayah.v5.i7.2017.2148.
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The disintegration of Soviet Union had positively impacted Indo-US relations in post Cold-War era. The post Cold-War strategic scenario provided a chance to both countries to redefine their bilateral priorities. The US was always keen to improve bilateral relationship with India and therefore India initiated Defence cooperation with the US in changing strategic environment. India’s nuclear explosion [1998] had posed some divergences in Indo-US relationship. India and the US signed strategic partnership in 2000 and therefore the US set-aside its sanctions against India. India signed ‘Next Steps in Strategic Partnership’ [NSSP] with the US in 2004 and both countries started strategic dialogue in 2009. Both the nations signed a ‘New Framework for Defence Relationship’ in 2005 and ‘123 Civil Nuclear Agreement’ in 2008. India has always supported US’s ‘pivot-aria’ policy and played a meaningful role in counter China strategy. India and the US renewed their ‘New Framework for Defence Relationship’ in 2015 and signed ‘Logistic Support Agreement’ in 2016. Indo-US strategic relations were touched new heights when the Obama administration had declared India as a major Defence partner in 2016. The new US President Trump also showed its softness towards India and called Indian Prime Minister Modi as a ‘True Friend of US’. The decline of US-Pakistan strategic relations has positively affected Indo-US relations. The Pakistan factor has always affected Indo-US relations. The US administration considers that India would play a meaningful role in counter China planning. The study explores the raison d’être of Indo-US strategic partnership. The present paper intends to look into the Indo-US strategic cooperation and points out the improvement in Indo-US strategic relations in 21st century.
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Arif, Imtiaz, Amna Sohail Rawat, and Muhammad Shahbaz. "Impact of US Economic Policy Uncertainty on Geopolitical Risk. Evidence from BRIC Economies." Pénzügyi Szemle = Public Finance Quarterly 65, no. 4 (2020): 485–96. http://dx.doi.org/10.35551/pfq_2020_4_3.
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This paper estimates the relationship between US economic policy uncertainty and geopolitical risk in the BRIC economies.1 Due to the assumption of a non-linear and asymmetric relation between US economic policy uncertainty and geopolitical risk of BRIC countries, a nonparametric estimation technique, Quantile on Quantile approach has been used for empirical analysis. The empirical results revealed that the relationship between the US economic policy uncertainty and geopolitical risk of BRIC economies is heterogeneous in nature. We noted that economic policy uncertainty in the US is negatively related to geopolitical risk in Chinese and Russian economies. However, for Indian and Brazilian economies US economic policy uncertainty is positively related to geopolitical risk. The outcomes of the study will be helpful for the investors and financial market players for taking investment decisions. It will also benefit the legislators and policymakers in making policies that could make their respective economies insulated from foreign policy risks.
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Dhingra, Swati, and Timothy Meyer. "Leveling the Playing Field: Industrial Policy and Export-Contingent Subsidies in India–Export Related Measures." World Trade Review 20, no. 4 (August 2, 2021): 606–22. http://dx.doi.org/10.1017/s147474562100032x.
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AbstractIn India–Export Related Measures, the United States challenged a range of Indian measures as prohibited export-contingent subsidies, and a WTO panel largely agreed. This article examines the factors at play in the United States’ decision to bring the challenge. At the level of policy, the United States case reflects India's graduation from the protections afforded developing nations’ export-contingent subsidies under the Agreement on Subsidies and Countervailing Measures. A closer examination, however, shows that India ramped up its export-contingent subsidies just as the SCM Agreement required it to wind those subsidies down. Moreover, the expanded Indian subsidies led to increased import competition with the politically influential metals and pharmaceutical sectors in the United States, which pushed the US challenge. We reflect on the larger implications of the challenge for the future of trade rules on industrial policy. In particular, we note that the United States pursued a trade enforcement policy that would have the effect of increasing pharmaceutical prices in the United States, by reducing subsidies for imported generic drugs, at a time when the Trump administration allegedly was trying to reduce the price of prescription drugs. This disconnect suggests the need for both greater transparency in trade policy and greater governmental coordination on the connection between trade policy and other policy priorities.
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Shaikh, Salman. "“COMPARATIVE ANALYSIS OF GLOBAL CRISIS ON INDIAN AND FOREIGN BANKS”." GAP GYAN - A GLOBAL JOURNAL OF SOCIAL SCIENCES 3, no. 3 (September 30, 2020): 129–34. http://dx.doi.org/10.47968/gapgyan.330022.
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Finance is considered to be the lifeline of the economy. India has adopted the policy of LPG i.e. liberalization, privatization, and globalization, as a result of it the doors of trade and commerce became broadened and today the veins of Indian economy is strongly connected with the structure of global economy. Finance is the most important medium to float the goods and service in the form of trade and commerce and these two elements are highly affected with trade and commerce. Banks are the significant medium to exchange the finance and let the flow of liquidity to be floated from surplus sector to the deficit one. Indian business is highly influenced by global business and trade that a small change of a global market leads to a significant impact on Indian economy. Global crisis took place in the year 2007-2008 in the US economy highly influenced Indian trade at large.
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Perwita, Anak Agung Banyu, and Denisa Rizkiya. "The US Rebalance Policy and the Management of Power Politics in Asia Pacific." JAS (Journal of ASEAN Studies) 2, no. 1 (July 31, 2014): 19. http://dx.doi.org/10.21512/jas.v2i1.81.
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The policy was introduced by the U.S. President Barack Obama early in his first administration in 2010, marked specific changing to the U.S. foreign policy like never before. The U.S. continuously views South and South East Asia, including the Indian Ocean, as a crucial driver for America’s economic growth and prosperity throughout the 21st century. Numerous numbers of cooperation and partnership have been done to enhance the ties between the U.S. and the regions. The U.S. presence and involvement in most essential regional meetings and summits can also be seen as an effort to seek opportunities, politically, economically, as well as security. This article tries to analyze how the U.S. rebalance towards Asia policy, a term used for the U.S.' foreign policy influenced the regional stability in Asia-Pacific region.
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Kelderman, Frank. "Rock Island Revisited: Black Hawk's Life, Keokuk's Oratory, and the Critique of US Indian Policy." J19: The Journal of Nineteenth-Century Americanists 6, no. 1 (2018): 67–92. http://dx.doi.org/10.1353/jnc.2018.0007.
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Kumar, Manoj, L. M. Bhole, and Shahrokh M. Saudagaran. "Investment-Cash Flow Sensitivity and Access to Foreign Capital of Overseas Listed Indian Firms." Vikalpa: The Journal for Decision Makers 28, no. 1 (January 2003): 47–60. http://dx.doi.org/10.1177/0256090920030104.
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Between May 1992 and June 2001, 72 Indian firms listed their 85 Depositary Receipt (DR) programmes on the foreign capital markets. Most Indian DR programmes are listed on the European exchanges rather than on the US exchanges. This paper studies firm-level financial data of foreign listed Indian firms to see whether the ‘improved access to external capital markets’ is an important consideration for Indian firms listing on the foreign markets. The results of the study can be interpreted in terms of informational disclosure requirements of the foreign markets (in our case the Global Depositary Receipts– GDR markets) where sample Indian firms have listed their securities. The firms listed on the US exchanges have to necessarily follow US GAAP in casting of their accounts and disclose more. Hence, US listing acts as a signal about the firm's level of transparency and disclosures which, in turn, reduces informational asymmetry between managers and external investors. Thus, listing of emerging markets' firms on the US exchanges improves their access to the external capital markets and hence reduces their investment-to-cash flow sensitivity. Also, till recently, two-way fungibility in the Indian DRs was not allowed. Foreign institutional investors (FIIs), investing in the Indian GDRs, are restricted from owning and trading in Indian shares listed on the Indian stock exchanges. Besides, Indian citizens were prohibited from owning and trading in Indian DRs listed on the foreign markets. These factors impede the free flow of information between the GDR markets and Indian markets. Thus, GDR listings by the Indian firms are rendered ineffective in removing the information asymmetry about the listing firms and in improving Indian firms' access to the external markets. The results of the study have the following implications: The policy makers should adopt a regulatory framework so that firms are encouraged to disclose more and thus become transparent. Managers should prefer listing firms' securities only on stringent and transparent foreign markets with listing requirements. The measures proposed will reduce the informational asymmetry for the Indian firms and hence improve their access to the external capital markets. But if these markets do not improve their transparency and disclosure levels, they will lose out to the US markets. Naturally, firms contemplating fresh listing on foreign markets will list their securities on the more transparent US markets to improve their access to the external capital markets. Corporate decision makers should realize that the listings on the US markets send strong signals about the firms' level of transparency and disclosures to the investing community. This signalling effect is rather less in case of listing on the GDR markets. This could be the reason for US exchanges becoming more successful in attracting foreign listings by the Indian firms compared to the London and the Luxembourg exchanges in recent years.
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Venugopalan, Vishnu Y., Rohit Bhatia, Jeyaraj Pandian, Dheeraj Khurana, Subhash Kaul, P. N. Sylaja, Deepti Arora, Himani Khatter, M. V. Padma, and Aneesh B. Singhal. "Regional differences in ischemic stroke in India (north vs. south)." International Journal of Stroke 14, no. 7 (January 31, 2019): 706–14. http://dx.doi.org/10.1177/1747493019828538.
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Background India is a large country with geographically diverse populations and varying risk factors. Identification of regional differences can improve healthcare policy decisions. Aim To study regional differences in stroke between North and South India. Methods We analyzed data from the Indo-US Collaborative Stroke Project, a National Institute of Health-funded multicentre prospective study conducted in five academic centers in India with a US-based coordinating center. Risk factors, severity, mechanisms, management, complications, and outcomes among ischemic stroke patients were compared between North and South Indian centers. Results Of the 2066 patients enrolled from North ( n = 1060) and South India ( n = 1006), North Indian patients were significantly older with fewer men and had lower rates of diabetes (32.8% vs. 38.7%, p < 0.01), dyslipidemia (3.5% vs. 25.7%, p < 0.01), tobacco use (27% vs. 38%, p < 0.001), and alcohol use (30.1% vs. 38.6%, p < 0.01). North Indian patients had higher median National Institute of Health stroke scale scores (10 vs. 9, p < 0.01), more frequent large-artery atherosclerosis mechanism (34% vs. 25.6%, p < 0.001), intravenous thrombolysis (14.0% vs. 6.1%, p < 0.001), and lower rates of pneumonia (10.5% vs. 15.1%, p = 0.02). The three-month outcome (modified Rankin Scale score 0–2, 45.8% vs. 50.3%, p = 0.08) did not differ; however, North Indian patients had higher 90-day mortality (23.5% vs. 13.5%, p < 0.0001). Conclusions The substantial regional differences in stroke risk factors and mechanisms may be partly explained by factors such as differing dietary habits and lifestyle, which can be addressed at a national level. Differences in acute and inpatient stroke care suggest a need for better adoption of national stroke management guidelines.
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Sen Gupta, Abhijit, and Ganesh Manjhi. "Negotiating the Trilemma: The Indian Experience." Global Economy Journal 12, no. 1 (March 2012): 1850249. http://dx.doi.org/10.1515/1524-5861.1760.
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Increased integration with the global capital markets in recent years has forced India to negotiate the trilemma, balancing the objectives of monetary independence, exchange rate stability, and orderly capital flows. India’s calibrated approach towards liberalization of capital account, wherein certain flows and agents were accorded priority in the liberalization process, has helped India to deal with the trilemma. In this paper, we examine India’s experience in negotiating the trilemma during the last three decades. In doing so, we deviate from the existing literature by quantifying the various policy objectives under the trilemma. This allows us to analyze the extent to which pursuit of an objective has entailed giving up two other objectives. Using empirical methods, we find that India has been constrained by the trilemma during the last three decades. However, instead of adopting corner solutions, India has juggled the various policy objectives under the trilemma as per the demands of the macroeconomic situation. The overall policy architecture encompassed active management of capital flows, especially volatile flows and debt flows, a moderately flexible exchange rate regime with the Reserve Bank of India (RBI) intervening at times to prevent excessive volatility, sterilization of these interventions through multiple instruments, and building up of a stockpile of reserves. This intermediate approach has suited India well as it has been able to maintain a healthy growth rate, targeted monetary and credit growth rates, a moderate inflation rate through most of the period, and a sustainable current account deficit.
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Boobalan, Kirubaharan, Nishad Nawaz, Harindranath R. M., and Vijayakumar Gajenderan. "Influence of Altruistic Motives on Organic Food Purchase: Theory of Planned Behavior." Sustainability 13, no. 11 (May 27, 2021): 6023. http://dx.doi.org/10.3390/su13116023.
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Marketing campaigns of organic food emphasize utilitarian benefits and psychological benefits as well as consumer culture to enhance environmental sustainability. In order to study the purchase intention of organic food, the authors developed a model using antecedents like warm glow, subjective norm, attitude and perceived behavioral control. This study examines the model for the Indian and the USA samples and thus integrated using three theories: Theory of Planned Behavior (TPB), Pro-Social Behavior (PSB) Theory with the interaction of Consumer Culture Theory. The model is estimated using the multi-group Partial Least Square Structural Equation Modeling (PLS-SEM) technique using R software with samples from India (n = 692) and the USA (n = 640). Results differ for Indian and USA samples. The expectation of the “warm glow” resulted from an environmentally friendly purchase as having a higher influence on Indian samples than that of the USA. Further, the attitude towards organic food purchase intention is stronger for US samples than the Indian, and the group difference is significant, while all the relationships that take warm glow as an antecedent have higher β for Indian samples. Moreover, the study found that attitude towards organic food is a major element for US subsamples, whereas subjective norm plays a major role in Indian samples to adopt organic food. Managerially, the present study suggests that a firm marketing its organic food must concentrate more on “warm glow” for Indian consumers in order to improve their market share.
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Chakravorty, Ujjayant, Marie-Hélène Hubert, and Beyza Ural Marchand. "Food for fuel: The effect of the US biofuel mandate on poverty in India." Quantitative Economics 10, no. 3 (2019): 1153–93. http://dx.doi.org/10.3982/qe942.
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More than 40 % of US grain is used for energy due to the Renewable Fuel Mandate (RFS). There are no studies of the global distributional consequences of this purely domestic policy. Using micro‐level survey data, we trace the effect of the RFS on world food prices and their impact on household level consumption and wage incomes in India. We first develop a partial equilibrium model to estimate the effect of the RFS on the price of selected food commodities—rice, wheat, corn, sugar, and meat and dairy, which together provide almost 70 % of Indian food calories. Our model predicts that world prices for these commodities rise by 8– 16 % due to the RFS. We estimate the price pass‐through to domestic Indian prices and the effect of the price shock on household welfare through consumption and wage incomes. Poor rural households suffer significant welfare losses due to higher prices of consumption goods, which are regressive. However, they benefit from a rise in wage incomes, mainly because most of them are employed in agriculture. Urban households also bear the higher cost of food, but do not see a concomitant rise in wages because only a small fraction of them work in food‐related industries. Welfare losses are greater among urban households. However, more poor people in India live in villages, so rural poverty impacts are larger in magnitude. We estimate that the mandate leads to about 25 million new poor: 21 million in rural and 4 million in the urban population.
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Markan, Suchita, and Yogmaya Verma. "Indian medical device sector: insights from patent filing trends." BMJ Innovations 3, no. 3 (June 10, 2017): 167–75. http://dx.doi.org/10.1136/bmjinnov-2016-000131.
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In this study, patent application filing trends in India for the last decade (2005–2014) were analysed to understand the medical device patent filing profile. As India is the key emerging market with huge market potential, this study was also undertaken to identify the top medical device companies filing patents in India, the niche technology domains with maximum filings, key gaps in medical device innovation profile and scope for business opportunities. It was observed that patent application filings in the medical device sector during the last 5 years (2009–2013) contributed only to 2% of the total patent applications filed, which may be attributed to nascent medical device sector and lack of Intellectual Property (IP) awareness or funding support for IP filings. The analysis shows increasing trends in medical device patent applications in India, with major share of patent applications being filed from the USA. The Indian applications in this sector contributed only to 17% of the total patent application filings in the last decade. Although foreign players dominate the medical device sector, this study indicates that though at a small scale, Indian applicants are actively filing patents in all key domains of the medical device sector. With the enabling environment being provided by the Government of India with recent policy initiatives such as Startup India, Make in India, 100% Foreign Direct Investment (FDI)and so on and support to start-ups for IP filings, the Indian medical device industry is expected to witness aggressive IP filing and innovation trends and is poised to grow exponentially targeting US$50 billion industry by 2025.
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Ray, Amlan, M. G. Deepika, and G. Badri Narayanan. "Analysis of India’s Competitive Position in RCEP." Vision: The Journal of Business Perspective 25, no. 3 (April 25, 2021): 336–49. http://dx.doi.org/10.1177/09722629211003699.
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In the context of policy developments surrounding India’s opting out of Regional Comprehensive Economic Partnership (RCEP) and India’s lack of ventures in plurilateral regional trade agreements (RTAs), we attempt to analyse the competitiveness and potential of Indian export items in the RCEP region. Our findings show low export intensity for India with RCEP member countries. Higher revealed comparative advantage (RCA) and duty reduction in partner countries may help India in enhancing exports of only a few commodities. India has high RCA in commodities, for which the tariffs by RCEP countries are already moderate. Considering India’s present trade balance position, tariff structure, non-tariff barriers (NTBs) of partner countries, intellectual property rights (IPR) and export competitiveness of Indian commodities, it appears to us that India had limited options but to opt out of RCEP. While the members of RCEP are still open to accepting India, more needs to be worked out on building competitiveness for Indian commodities and the future strategy for negotiations, if India considers itself to be a part of RCEP in the future. Given its limited participation in regional blocks, India should identify its core areas of interest in goods and services where it can enhance its competitiveness and attain better trade performance using strategic bilateral negotiations and possibly exploit imported inputs to promote higher value-added exports.
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Gupta, Avisha. "The US Bayh-Dole Act of 1980: A Model for Indian Government Funded Research Patent Policy?" International Journal of Technology, Knowledge, and Society 6, no. 2 (2010): 241–54. http://dx.doi.org/10.18848/1832-3669/cgp/v06i02/56078.
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Ollapally, Deepa M. "Understanding Indian policy dilemmas in the Indo-Pacific through an India–US–China maritime triangle lens." Maritime Affairs: Journal of the National Maritime Foundation of India 12, no. 1 (January 2, 2016): 1–12. http://dx.doi.org/10.1080/09733159.2016.1181392.
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Singh, Narinder Pal, and Sugandha Sharma. "Phase-wise analysis of dynamic relationship among gold, crude oil, US dollar and stock market." Journal of Advances in Management Research 15, no. 4 (October 1, 2018): 480–99. http://dx.doi.org/10.1108/jamr-12-2017-0124.
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Purpose The purpose of this paper is to investigate the dynamic relationship among Gold, Crude oil, Indian Rupee-US Dollar and Stock market-Sensex (gold, oil, dollar and stock market (GODS)) in the pre-crisis, the crisis and the post-crisis periods in the Indian context. Design/methodology/approach The authors use Johansen’s cointegration technique, Vector Error Correction Model (VECM), Vector Auto Regression, VEC Granger Causality/Block Exogeneity Wald Test, and Granger Causality and Toda Yamamoto modified Granger causality to study long-run relationship and causality. Findings Johansen’s cointegration test results indicate that there is a long-run equilibrium relationship among the variables in the pre-crisis and the crisis periods but not in post-crisis period. VECM results report that none of four models of the variables show long-run causality in the pre-crisis period. During the crisis period, both crude oil and Sensex models show long-run causality. However, in some cases, results indicate short-run causality. The authors find one-way causality from USD and Sensex to crude oil, and from gold and Sensex to USD. Thus, the authors conclude that the relationship among GODS is dynamic across global financial crisis. Practical implications The research findings of this study are vital to the large group of stakeholders and participants of gold, crude oil, US dollar and stock market in emerging economies like India. The results are useful to importers, exporters, government, policy makers, corporate houses, retail investors, portfolio managers, commodity traders, treasury and fund managers, other commercial traders, etc. Originality/value This study is one of its kinds as it investigates the relationship among GODS in India in different sub-periods like before, during and after the global financial crisis of 2008. None of the studies compare phase-wise relationship among GODS in the Indian context. The study contributes to the economic theory and the body of knowledge. It highlights the need to revisit the economic theory to explain the interplay mechanism among GODS.
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Kukreja, Veena. "India in the Emergent Multipolar World Order: Dynamics and Strategic Challenges." India Quarterly: A Journal of International Affairs 76, no. 1 (March 2020): 8–23. http://dx.doi.org/10.1177/0974928419901187.
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India has a middle power status and a rising power mindset. The emerging multipolar world manifests opportunities as well as challenges to India’s foreign policy. The newness quotient is Prime Minister Narendra Modi’s ‘economy first’ approach rooted in his desire to create external conditions necessary to ensure domestic economic progress. He has displayed dynamism while engaging all major powers, promoting and reintegrating India with the global economy, promoting greater cooperation with South Asian neighbours and renewing strategic connections in the Indian Ocean, the Middle East, Central Asia and Africa. Pragmatism in India’s foreign policy is seen in Indo–US relations reaching a new level or in cooperation with China on climate change while opposing its territorial claims in the South China Sea and One Belt One Road Project. To counter China, India has sought close strategic partnerships with the USA and its allies and main partners in Asia-Pacific while retaining its strategic autonomy. A major challenge to India’s foreign policy is the downward spiral of relations with Pakistan.
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Gaur, Jighyasu, Venkatesh Mani, Pratyush Banerjee, Mehdi Amini, and Ritu Gupta. "Towards building circular economy." Management Decision 57, no. 4 (April 18, 2019): 886–903. http://dx.doi.org/10.1108/md-07-2018-0728.
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Purpose Extant literature provides insights about consumers’ purchase intentions (PI) and willingness to pay for reconstructed products but does not capture cross-cultural differences. The purpose of this paper is to understand consumers’ PI for reconstructed products in a cross-cultural setting for the development of circular economy. Design/methodology/approach The sample includes consumers from two diverse societies (India and the USA). The authors conduct two sets of analyses in this paper. The first analysis attempts to identify the difference between the Indian and US consumers’ PI for reconstructed products, who are residing permanently in their home countries. In the second analysis, the authors investigate the impact of socio-cultural norms on PI, for reconstructed products, of the Indian (USA) consumers relocated to the USA (India). In-depth interviews are conducted for data collection. Subsequently, data analysis was carried out using thematic analysis approach. Findings The results indicate that US consumers: possess altruistic buying behavior; are eco-centric toward waste disposal; strictly follow the regulations and socio-cultural norms; and have harmony orientation toward nature. In contrast, Indian consumers: possess utilitarian buying behavior; demonstrate anthropocentric attitude toward waste disposal; do not necessarily follow the regulations; and have mastery orientation toward nature. Practical implications At policy level, government in emerging economies should formulate regulations that promote the use of reconstructed products. At firm level, firms should exploit promotional and advertisement efforts to enhance awareness about reconstructed products. Originality/value The study is an early attempt in the literature to capture cross-cultural differences for reconstructed products.