Rahul Anand

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Food Inflation in India  : The Role for Monetary Policy

by Rahul Anand & Ding Ding

Indian food and fuel inflation has remained high for several years, and second-round effects on core inflation are estimated to be large. This paper estimates the size of second-round effects using an estimated...

India: Defining and Explaining Inclusive Growth and Poverty Reduction

by Rahul Anand & Volodymyr Tulin

We document the evolution of poverty and inequality across Indian states during the recent period of rapid growth (2004-09), and examine the role of growth and distribution in reducing poverty. Robust economic...

Disentangling India's Investment Slowdown

by Rahul Anand & Volodymyr Tulin

This paper documents the recent slowdown in investment in India and explores its underlying causes. The sharp investment deceleration has sparked an intense debate about the role of interest rates, as well as...

The Fiscal and Welfare Impacts of Reforming Fuel Subsidies in India

by Rahul Anand & David Coady

Rising fuel subsidies have contributed to fiscal pressures in India. A key policy concern regarding subsidy reform is the adverse welfare impact on households, in particular poor households. This paper evaluates...

Inclusive Growth: Measurement and Determinants

by Rahul Anand & Saurabh, Mr. Mishra

We estimate a unified measure of inclusive growth for emerging markets by integrating their economic growth performance and income distribution outcomes, using data over three decades. Country distributions...

Make in India : Which Exports Can Drive the Next Wave of Growth?

by Rahul Anand & Kalpana Kochhar

Structural transformation depends not only on how much countries export but also on what they export and with whom they trade. This paper breaks new ground in analyzing India’s exports by the technological...