Dr.DEBESH BHOWMIK

Dr.DEBESH BHOWMIK

Wednesday 18 February 2015

A TEXT BOOK ON ENVIRONMENTAL STUDIES






A Text Book on Environmental Studies
Edited by Sukanta Sarkar
Mangalam Publishers and Distributors,NewDelhi,2014,vii+319,price 1050/

This edited book contains 22 articles on environment which are  classified by environmental imbalance,women and climate change,pollution, deforestation,and sustainable development.
Environmental imbalance covers imbalance ,crisis,warming and hydroelectricity, heatwave and wildfire,ozone depletion,and solution.
Gender and and climate change covers climate negotiations,climate change and biodiversity,GHG,tribal people and climate change,politics of gender and climate change,and water scarcity.
In the pollution part, deforestation,mining and deforestation and force of deforestation in tribals were discussed.
In the sustainable development part, the articles on need for environmental protection ,policy of relocation and rehabilization of population living in Dal lake,impact of over exploitation of forest resources,environmental education and ecolabels and greenovators were included.
Dr.Debesh Bhowmik and Dr.Preeti Kathuria on their article “Climate Change Negotiations:The Crises on Environment and the Way Forward” discussed the climate change agreements from international institutions like WMO,IPCC, UNFCCC, UNEP,WTO etc and their reports and recommendations.The results and impacts of all the historical negotiations is explained in this article.Its impact on REDD, LULUCF, GCF were explained in details.The future of warming and the task before the negotiators was analysed in the context of climate finance targets. Why it is the central part of the global warming is clarified fruitfully.(p93-108)

Monday 16 February 2015

THE NATURE OF INDIA'S INFLATION RATE




NATURE OF INDIA’S INFLATION RATE

Inflation rates of the emerging economies as measured by CPI  have been shown in figure where India’s CPI is moving upward sharply from 2005 to 2010 and started to fall.But between 2008-2010,all the emerging economies like China,Brazil,Malaysia ,Russia and Thailand fell speedily and then started to increase.During 2005-2010,India stayed within the range of 5-15% and Russia’s average inflation is all time high and low cyclically.

India’s inflation rate ie consumer price index as measured by CPI-IW,CPI-AW and CPI-RW are shown as exstremely volatile during 1995-2010 and they are partly cyclical in nature .Between 2000-2010 , the rates are lying below 5% but between 2005-10 they crossed more than 10% .After financial crisis they fell down sharply and in 1998 the rates reached at top at 20%.

The ratio of growth rate of producers Price Index and wholesale price index has the cyclical behavior during 2005-2011 as observed from the data of multicountry like India, China ,Brazil,Malaysia,Russia and Thailand.During the financial crisis it stood top and then fell steeply and also rose sharly.Of them Russia’s rate is quite high during 2005-2011.

Thus, the nature of India’s inflation rate is not all different from other emerging economies. We should remind that the Euro area facing several crises but it has inflation rate ranging from 2-4% and in USA  the rate lies between 3-6% in last two decades.  

Thursday 12 February 2015

The world share of SDR of USA



The world share of SDR of USA


The world share of SDR of the USA is not so enough to supply international liquidity to maintain world balance of payments equilibrium.US SDR share ranges between 25-30% during 1971 to 2013.The US world share of SDR is increasing slowly at the rate of 0.47% per year during the period of 1971-2013.But this rate is not enough to meet liquidity. The estimated equation is given below,

Log(x) = 3.2601+0.004716t
                (30.08)* (1.099)
 R2= 0.0286  , DW= 0.2125  , and F= 1.207 where x= world share of SDR of USA
The t value of the trend line is insignificant, F value is insignificant and also DW  and R2 are very low. So, this trend line is statistically insignificant.
In the figure the estimated line is shown by green line and the SDR series is the red line and the other is the residual.

But the share of SDR of USA is stationary during this course. The estimated ARIMA(1,1,1) model clarified that although the low growth of world share of US SDR is very low but it is stationary. But it has no unit root.
The ARIMA model is shown here,
Logxt = 3.2950 +0.779 logxt-1 +t – 0.0445t-1
            (186.33)*  ( 5.346)*          (-0.205)
R2= 0.54  , F= 22.89*   ,DW = 1.915  , Inverted AR root= 0.78 and inverted MA root = 0.04 where *= significant at 5% level. Xt is the world share of SDR of USA.
In the figure it is shown as green line and the red line is the logx and blue line is the residual.

The ratio of the world share of gold and SDR of USA  is also decreasing  at the rate of 0.58% per year during the study period 1971-2013.This is shown by the following estimated line.
Log(y) = 0.0699-0.0058t
                (0.671)  (-1.426)
R2= 0.047  , DW= 0.23  , F= 2.053

All the t values, F value are insignificant and even the DW and R2 are very low where y= ratio of world share of gold and SDR of USA. So the importance of SDR of USA with respect to gold is very insignificant to meet international liquidity.

Sunday 8 February 2015

The Productivity of Indian Foodgrain Production



The Productivity of Indian Foodgrain production

In agricultural growth the measure of agricultural productivity is of very much important in which productivity of foodgrain dominates because it is the central part of the supply side economics.From 1970-71 to 2009-10, India’s foodgrain productivity had increased very slowly at the rate of 2.32% per annum which played a  great role in creating food inflation in India.The estimated equation is given below,
Log(x) = 6.683+0.0232t
             (322.4)*  (26.402)*
R2= 0.948  , DW= 1.58  , F= 692.09* , * = significant at 5% level
Where x= productivity of foodgrain kg/hectres.the t values of constant and trend are significant.
In the figure the estimated line of foodgrain productivity is rising upward but the actual productivity line is shown volatile and was found autocorrelation problem.

The foodgrain productivity showed stationary during the study period and has unit root .The estimated ARIMA model is shown below,
Xt= 11722.27+0.997Xt-1+t-0.9578t-1
       (0.415)     (125.03)*         (-45.623)*
 R2= 0.939  , F= 279.18*   , DW= 2.03
Inverted AR root =1 and MA root = 0.96
Since t value of AR and MA are significant and F is significant ,so stationarity of the model is confirmed.
Even it has no ARCH error because heteroscedasticity ARCH test assures that nR2= 3.1867 which is significant whose F = 3.29 which is also significant. The conditional standard deviation is seen in the figure which is volatile.  

 Thus, in conclusion we can say that to reduce food inflation the growth of India’s foodgrain productivity is very low during 1970-71 to 2009-10 which must be enhanced in due course.

Thursday 5 February 2015

CLOSING THE GENDER GAP


CLOSING THE GENDER GAP
(Courtesy Asian Development Bank)

The Asia and Pacific region has made impressive strides over the last decade on narrowing gender gaps in education, health, employment and political participation. Today there are more girls in primary and secondary schools, more girls participating in tertiary education, fewer women dying in childbirth, more women in wage employment outside agriculture and more women in national parliaments and decision making bodies. But, the progress and achievements are not spread widely and evenly across the entire region.
Watch how this film weaves a connection between the importance of workplace equality and the crucial role women play in building a strong society and economy.
Disparities remain in many areas. Many women are still denied access to basic services and essential assets such as land, and excluded from decision-making.  In some countries and among some groups, women still suffer from entrenched gender discrimination and exclusion that diminishes their life expectancy, education prospects, access to clean water, sanitation, and employment, and exposes them to gender-based violence.
Empowering women economically and socially and giving them `voice’ is crucial for achieving ADB’s goals of poverty reduction and inclusive development.

Promoting gender equity

ADB's Strategy 2020 highlights gender equity as one of five drivers of change for promoting and achieving inclusive and sustainable growth, reducing poverty, improving living standards and achieving the MDGs.
ADB's Policy on Gender and Development identifies gender mainstreaming as the key strategy and approach for promoting gender equality and women's empowerment across all sectors. A dual approach is adopted that includes both gender mainstreaming and targeted approaches to reduce glaring gender disparities.
ADB has set corporate gender targets to be met by 2016: 45% of all operations and 55% of those financed by ADF resources will address gender equality objectives. In 2013, ADB’s annual performance exceeded the 2016 gender target; with 55% overall and 59% of ADF financed operations categorized as "gender mainstreaming".
A new Gender Equality and Women's Empowerment Operational Plan, 2013-2020 (Gender Plan) was approved in 2013. The new plan provides the roadmap for guiding ADB operations and recognizes that more needs to be done to reduce gender gaps and disparities across the region.
The Plan calls for increased emphasis on improving implementation and monitoring for the delivery of better gender equality results. While gender mainstreaming across all operations will remain the priority approach, direct investments in women and girls will be pursued in areas such as: (i) girls secondary education and completion (ii) vocational and technical skills training for female youth; (iii) access to productive assets, labor saving technology, employment, and income earning opportunities; (iv) business development services for women entrepreneurs; (v) financial services and access to credit; (vi) policy and legal reforms to tackle issues of gender-based violence and anti-trafficking, and; (vii) giving women voice in decision-making in formal and informal institutions.
"ADB is firmly committed to promoting gender equality and women’s empowerment. We believe that ADB has a responsibility to set a positive example for the region in reducing gender disparities and supporting women's empowerment," said Bindu Lohani, ADB’s Vice President of Knowledge Management and Sustainable Development.

Investing in gender equality

ADB projects to improve the lives of women and girls in the region have included support for education, health, basic infrastructure and financial services. ADB projects that directly support gender issues span across both the social and economic sectors.
  • In some of our poorest borrowing countries such as Bangladesh, Nepal, Cambodia and Lao PDR, ADB has built schools in remote and rural areas to improve and expand access, provided scholarship to poor girls and trained female teachers to support girls’ school retention rates.  
  • In Papua New Guinea, Cambodia and Timor-Leste, ADB is providing rural water supply and sanitation to reduce women and girls work burdens.
  • In Vietnam, ADB is helping ethnic minority girls in 20 of the most disadvantaged districts by building schools with boarding facilities and teacher housing, providing scholarships and training ethnic minority teachers.
  • Girls’ skills development is being pursued through increasing support for technical and vocational education In Lao PDR and Cambodia to assist girls make the transition from school to work and enhance their chances of better employment outcomes.
  • In Uzbekistan and Nepal, we are providing financial and business services to help women start and expand their business enterprises.
  • In Bangladesh, ADB has supported women’s economic empowerment through constructing and reserving spaces for women vendors in rural markets; providing employment opportunities for destitute women in road construction and maintenance; helping women farmers to diversify into cash crops that yield higher incomes, and; building the capacity of locally-elected women leaders to give them “voice” in decision-making in local governance institutions.
Even in some of our middle-income countries such as Indonesia and Philippines we are tackling the remaining “pockets of disadvantage” in access to education and health in remote and disadvantaged areas and; supporting conditional cash transfer programs to tackle the demand side issues in education and health.

Gender mainstreaming tools

To ensure gender equality objectives are realized, ADB has adopted the project gender action plan (GAPs) as a mainstreaming tool to ensure concrete strategies and actions are designed into projects to deliver gender equality outcomes.  GAPs include clear targets, quotas, gender design features and quantifiable performance indicators to ensure women’s participation and benefits.  Key aspects of the GAP are incorporated into project assurances to encourage buy-in from executing agencies and other project partners.
ADB has also developed  Gender and Development Plans of Action as guide and  roadmap for translating the GAD Policy into concrete actions and programs. The plan of Action prioritizes 3 areas of action: country strategy partnership and projects; GAD capacity development and policy support and organizational effectiveness.
Country gender assessments (CGAs) are prepared to feed the development of country partnership strategies and programs. CGAs are also used by governments as strategic planning documents.
ADB regularly conducts gender assessments of projects under implementation to assess progress on implementation of the gender and development policy.
ADB engages in policy dialogue in countries and in the region to encourage and support  gender-responsive policy and law reforms. Examples include gender equality laws, temporary special measures for women’s representation in local government bodies and community-based organizations, and joint titling by husbands and wives when land is allocated.

Partnerships

ADB collaborates at the project level with many UN agencies, development partners, and nongovernment organizations in different countries to improve gender equality results.
The External Forum on Gender and Development established in 2001 promotes dialogue between ADB and external experts and advocates on gender and development issues.
ADB has been active in various gender knowledge networks , such as the UN regional thematic working group on gender, Multilateral Development Banks Working Group on Gender, and GenderNet under the Organisation for Economic Co-operation and Development.

Sharing knowledge

ADB supports gender equity through knowledge products such as country gender assessments, gender mainstreaming tool kits, a guide to mainstream anti-trafficking concerns into projects and research and studies on human trafficking, and gender-responsive HIV prevention programs in infrastructure projects. ADB’s community of practice on gender meets regularly through knowledge seminars and events to share experiences on gender-related activities and learn from cutting-edge research.

Gender equality within ADB

ADB also pursues and supports gender equality within the institution. Females make up nearly 35% of international staff and 27% of senior staff. A new Diversity and Inclusion Framework was adopted in 2013 to ensure a more gender balanced, diverse and inclusive work place.