ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

Lakhwinder SinghSubscribe to Lakhwinder Singh

Surjit Singh: A Committed Development Economist

Rooted in development theory and grass-roots realities, Surjit Singh's understanding of development economics was holistic. It also aid reat attention to the plight of the marginalised. A warm and genuine person, he lived a humble life, and his agenda always had the deprived at the top.

Farmers' Suicides and Response of Public Policy

Lower yields, rising cost of cultivation, a mounting debt burden and dipping incomes of cultivators have plunged agriculture into a crisis of unprecedented scale, the consequences of which are not just economic. The economic trauma is translating into mental trauma, and the ever hardworking Punjabis, who have emerged stronger with each difficult period, are now being forced to admit defeat to the extent of ending their own lives. Farmers' organisations, political movements and even some state-led response to this crisis have not met with success.

Domestic and International Knowledge Spillovers in Manufacturing Industries in South Korea

This paper explores the relationship between the productivity growth and both domestic and international knowledge spillovers in the Korean manufacturing industries, using panel data for 28 industries over the period 1970-2000. To empirically verify the extent of domestic and international knowledge spillovers we have followed endogenous growth approach and wisdom from new international trade theory. We find strong productivity effects from industry's own R and D as well as domestic and foreign knowledge spillovers. International knowledge spillovers transmitted by trade played dominant role in explaining productivity growth in the Korean manufacturing industries during the 1970s and 1980s, but the international knowledge spillovers did not play any significant role in the 1990s. This empirical finding has strong implications for the Korean technology policy as well as for the strict intellectual property rights regime enacted by the WTO.

Deceleration of Economic Growth in Punjab

Since its phenomenal growth in the 1960s, Punjab is now facing an economic crisis of unprecedented scale. The decelerating economic growth is essentially rooted in the irrational pattern of investment and declining developmental expenditure and compounded by the crisis in agriculture, due to marginalisation of the small farmer and population pressure on land. The need at the outset, is a dire need to reorient the government's investment planning and strategy, along with implementation of change in the organisational pattern of production.

Public Policy and Expenditure on R and D in Industry

Public sector R and D in India has recorded a negative growth since 1991. Although there has been an increase in private sector investment in R and D, this cannot completely arrest the impact of the withdrawal of public investment and will result in a weakening of India's competitive strength in a rapidly globalising market.
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