Sparsh

1- Accessing Institutional Finance: A Demand Side Story for Rural India Under the Reserve Bank of India’s “financial inclusion” campaign, the provision of institutional finance has been progressing at differential rates across the country. However, when we pair administrative banking data on availability of bank branches in a state with the All India Debt and Investment Survey (2002-03) capturing both institutional and non-institutional borrowing by households, we find that states with the most access to institutional finance, or supply, are not necessarily the ones with the most demand for finance. Looking at household level data within each state we identify determinants of institutional borrowing, and some of the strongest predictors for accessing institutional finance. A number of empirical regularities emerge in terms of the importance of having assets like land for borrowing, which undermines the basic philosophy of financial inclusion. 2- Crop Insurance in India : Scope...

1- Why Zappos Offers New Hires $2,000 to Quit : The policy of providing a let-out after one week has gained worldwide attention. Columnist Keith McFarland explains why it makes sense. 2- Who Was Milton Friedman? : Keynesianism was a great reformation of economic thought. It was followed, inevitably, by a counter-reformation. A number of economists played important roles in the great revival of classical economics between 1950 and 2000, but none was as influential as Milton Friedman. 3- End Financial Control of European Governance : In developing countries and now in Europe, government debt allows creditors to exercise undue power over decision making. The Euro crisis is clear evidence that we need to break out of the economic straitjacket imposed by an over-powerful financial sector, says Susan George in an interview with Nick Buxton. 4- Who needs a bank? : Should we make banks better, or just make them redundant? Peer-to-peer currency schemes like bitcoin.org offer the possi...

1- Why Pandits aren't returning to roots ? : The Pandits, though, will tell you another story: of murders and village loudspeakers issuing threats. Jagmohan is rarely the central figure that Kashmiri Muslim makes him out to be. 2- Will Pakistanis put their national interest first? by Harini Calamur :If there is any country in the world that is a poster child for dictatorship, it is Pakistan. Over the last two and half decades at least, Pakistan seems to have been more stable and more prosperous under its military dictators than its “democratically” elected leaders. 3- Islamic Banking System: Threats and Opportunities --- The Islamic banking system is an important component of Islamic finance. Islamic finance has unique features because its foundation is laid on the principles and rules of Islamic law (sharia), which states that everything is owned by Allah and man has only been permitted to use it. 4- The predicament of the Islamic Republic by Hamid Dabashi. Green Movement...