5. Public Policy Interventions, Market Economics, and Income Distribution: The Impact on Sri Lanka and Other Asian Countries

Author(s):  
Patrick Mendis
Author(s):  
Ravinthirakumaran Navaratnam ◽  
Kasavarajah Mayandy

The impact of fiscal deficit on economic growth is one of the most widely debated issues among economists and policy makers in both developed and developing countries in the recent period. This paper seeks to examine the impact of fiscal deficit on economic growth in selected South Asian countries, namely, Bangladesh, India, Nepal, Pakistan and Sri Lanka using time series annual data over the period 1980 to 2014. The paper uses cointegration analysis, error correction modelling and Granger causality test under a Vector Autoregression (VAR) framework. The results from this study confirmed that the fiscal deficit has a negative impact on economic growth in the South Asian countries considered in this study except Nepal, which confirmed the positive impact. The results also highlighted that the direction of causality for the SAARC countries is mixed where fiscal deficit causes economic growth for Bangladesh, Nepal and Pakistan, but the reverse is true for India and Sri Lanka.  


Author(s):  
Indira Mahendravada

This chapter examines the paradigm shift in public policy from welfare to the empowerment of women in Karnataka, India. Drawing on data collected through sample surveys from two districts in rural Karnataka, it considers the impact of policy interventions on the empowerment of women in Karnataka at the micro level by using the capability approach. The study tests whether the policy of involving non-governmental organisations (NGOs) in the empowerment of rural women positively affects the autonomy of women measured in terms of capabilities. The chapter first presents an overview of the capability approach, its application to women's empowerment and agency, and indicators to measure autonomy before discussing the findings from the study of Karnataka women. The study provides evidence that the policy of involving NGOs in delivering inputs for the empowerment of women has enhanced the capabilities of women in Karnataka.


2012 ◽  
Author(s):  
Wietse Tol ◽  
Fiona Thomas ◽  
Anavarathan Vallipuram ◽  
Sambasivamoorthy Sivayokan ◽  
Mark Jordans ◽  
...  

2020 ◽  
Vol 39 (1) ◽  
Author(s):  
Adiqa Kiani ◽  
Ejaz Ullah ◽  
Khair Muhammad

The main objective of this study is to investigate the impact of poverty, globalization, and environmental degradation on economic growth in the selected SAARC countries. This study is employed panel Autoregressive Distributive Lag (ARDL) technique for empirical analysis using selected SAARC regions including India, Pakistan, Bangladesh, Nepal and Sri Lanka over the period of 1980 to 2018. Globalization impacts economic growth positively and significantly.  In addition to this the significant negative relationship is found between population and economic growth. The results show that poverty is positively related with environmental degradation. Furthermore, the results indicate that globalization is positively and significantly associated with environmental degradation in the SAARC region. Finally, the results show that urbanization is positive and significantly associated with environmental degradation, which could be the serious concerns for the policy makers to control.


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