Insight on the evolution and distinction of inclusive growth

This article develops a new pragmatic approach in delineating inclusive growth, covering two issues. First, it records the chronological evolution of inclusive growth; second, it details the distinction between broad-based growth and pro-poor growth, and inclusive growth. The article aims to highlight the objectivity of inclusiveness, which is distinctly different than broad-based growth and pro-poor growth. The research concentrates on salient issues like growth, poverty, and inequality, identifies a distinct variation between broad-based growth/pro-poor growth and inclusive growth, and establishes the exclusivity of inclusive growth.     

The Role of Access Mechanisms in Effective Rehabilitation of Displaced Farmers Due to Development Projects

This paper provides an access based explanation of why institutional arrangements of compensation provision for land acquisition often fail to effectively rehabilitate displaced farmers in a developing country context like India. Farmers have a right to claim compensation in case of land takings, which specifies two methods of claim: consent method and arbitration method. Literature indicates that farmers’ choice between the two methods has a significant impact on the compensation they receive. Using a binary response model on a primary dataset of 199 displaced farmers from Upper Krishna Irrigation Project, India, we analyse the determinants of this choice. We validate ‘access based’ hypotheses in choice of compensation and test whether in addition to allocated property rights, benefits actually depend on the ‘access mechanisms’ farmers have. Results suggest that the choice is governed by access to social identity and information. Therefore, farmers lacking these fail to get resettled despite the presence of a policy framework aimed at their rehabilitation.     

Interaction of real effective exchange rate with economic growth via openness of the economy: Empirical evidence from India

This paper examines the interaction between real effective exchange rate (REER) with select macroeconomic variables such as gross domestic product (GDP), foreign direct investment, foreign institutional investors (FII), fiscal deficits, terms of trade, trade openness, and foreign exchange reserves from 1981–2017. Autoregressive distributed lag bounds test results confirm the existence of long‐run relationships among the considered variables. The study finds that among the selected macroeconomic variables, GDP and remittances have positive and significant impact on REER. The study also reveals that although the variables official development assistance, FII, and fiscal deficit have positive impacts on REER, the results are not statistically significant. Further, our study indicated that the speed of convergence of REER towards long‐run equilibrium is 30% per annum, which is below standard in nature.     

‘Necessary’ in Non-Precluded Measures Provisions in Bilateral Investment Treaties: The Indian Contribution

Netherlands International Law Review - One of the controversial issues in international investment law disputes has been the interpretation of ‘necessary’ in the non-precluded measures...     

Primary intimal sarcoma of the pulmonary artery misdiagnosed as pulmonary thromboembolism: A case confirmed at medicolegal autopsy

Misdiagnosed PAS confirmed at medicolegal autopsy Pulmonary artery sarcoma (PAS) is a rare disease and usually indistinguishable from acute or chronic thromboembolic disease of the pulmonary arteries. We present a case of pulmonary artery sarcoma in a 54‐year‐old male, who was clinically misdiagnosed as pulmonary thromboembolism. The patient died of disease; however, the actual diagnosis of PAS was made after a medicolegal autopsy. PAS can be a diagnostic challenge for both clinicians and pathologists. In an autopsy case with a clinical suspicion of pulmonary thromboembolism, if there is an abnormal gross appearance in the pulmonary artery, the forensic pathologist should have a high index of suspicion of PAS, which should be ruled out by a histopathologic examination.