Page 5 - ES 2020-21_Volume-1-2 [28-01-21]

5 Healthcare takes Centre Stage, Finally!
151 Introduction
152 Given significant Market Failures, Healthcare needs careful System Design
154 COVID-19 and India’s Healthcare Policy
156 Indian Healthcare Currently
162 Unregulated Private Enterprise in an Industry marked by High Level of Market
Failure
169 Information Asymmetry in India’s Private Insurance Markets
171 Telemedicine
172 Conclusion and Policy Suggestions

6 Process Reforms
180 The Problem of Regulatory Effectiveness
184 The Inevitability of Incomplete Regulations
187 The Problem of Regulatory Default
191 Solving for Discretion
195 Direction of Administrative Process Reforms

7 Regulatory Forbearance an emergency medicine, not staple diet!
200 Introduction
202 The Original Sin: The Seven-Year Forbearance!
208 Cost of Extended Forbearance Versus Early Resolution of Banking Crises:
International Evidence
211 Adverse Impact of Forbearance on Bank Performance and Lending
223 Bank Clean-Up Without Adequate Capitalization
234 Implications for the Current Forbearance Regime

8 Innovation: Trending Up but Needs Thrust, Especially from the Private Sector
238 Why Innovation Matters
240 How Does India Perform on Innovation?
252 India’s Innovation Performance vis-à-vis Top Ten Economies
260 Trends in India’s Innovation Performance
266 R&D Expenditure in India
269 India’s Performance on Patents and Trademarks
272 Is Indian Innovation Affected by Access to Finance?
276 Is India Effectively Translating Innovation Inputs into Innovation Outputs?
281 Policy Implications

9 JAY Ho! PM‘JAY’ Adoption and Health outcomes
287 Introduction
289 PM-JAY: Status and Progress so far
291 Public Goods, Democracies and Governance