This paper aims to analyse the impact of two post-Kyoto climate policy regimes on GDP growth, CO2 emissions, and welfare in India. Both regimes aim to limit the long-term average global temperature increase below 2°C. The first policy regime is a global carbon tax.

Sustainable development can best be achieved by allowing markets to work within an appropriate framework of cost efficient regulations and economic instruments. One of the major economic agents influencing overall industrial activity and economic growth is the financial institutions such as banking sector.

This report examines the output elasticity of infrastructure for four South Asian countries viz., India, Pakistan, Bangladesh and Sri Lanka using Pedroni