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Research vertical 14
The structure and prospects of Kerala's economy, and how growth can create good jobs, public revenue and broad prosperity.
Kerala’s economy has long followed its own path: strong services, high consumption, large remittance inflows and a modest industrial base. This vertical studies how that model is changing and what policy can do to secure the next phase of growth.
Remittances have supported household consumption and construction for decades, but the pattern of migration is changing. The state needs investment that creates jobs suited to its educated workforce, and revenue to sustain its public services. Small and medium enterprises employ many people but struggle with credit, regulation and markets.
The vertical works closely with Governance, Finance and Accountability, Employment and Maritime Economy.
What will drive Kerala's growth over the next decade as remittances change?
Why does the state attract less private investment than its human capital would suggest?
What do small firms need most from government?
How do national economic decisions show up in Kerala household budgets?
For half a century, work in the Gulf has shaped Kerala's households, towns and politics. As more migrants return, the state faces a question it has rarely had to answer: what will they do here?
Research Associate One, Scholar Two
A state that educates its daughters as well as Kerala does, and then loses their talent to the labour market, is leaving its most important growth opportunity unused.
Research Fellow One
Each year the State Planning Board publishes a detailed review of the economy alongside the budget. It is the most useful document few people read. A guide to its strengths and gaps.
Contributor Two
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