The objective of this project is to develop capacity for analysing issues on economic growth and welfare under a variety of policy choices in government spending in the provision of public goods and other measures that influence the course of the economy. The macro econometric model developed under the project has been used to provide simulation scenarios relating to impact of international oil prices, worsening global economic growth, a managed current account and fiscal balance and the impact of Middle East crisis on economic growth prospects of the Indian economy.
Shashanka Bhide is an Honorary Senior Adviser at NCAER. He was associated with NCAER from 1982 to 2014 in different capacities. After leaving NCAER in July 2014, he took up the position of Director, Madras Institute of Development Studies, Chennai until his retirement in December 2018. His research has covered a number of areas in... Read More