Amidst the economic slowdown triggered by the outbreak of the Covid-19
pandemic in India there have been many demands for the government to
announce a large fiscal stimulus to support the economy. E...
On 08 Oct 2020 In recent years, many emerging economies including India have adopted inflation targeting framework. Post the global financial crisis, there is a growing debate on whether monetary policy should targe...
On 23 Jan 2019 India has experienced a remarkable proliferation of 48 Government Funded Health Insurance Schemes (GFHIS) from 1997 to 2018. The paper places the rise of this policy pathway in historical perspective....
On 15 Jun 2018 In this paper, we analyze the sources of output growth in the past three decades
and discuss the outlook going forward. Projections are made for the growth of factors of
production and the growth of...
On 18 Jan 2016 What is the best inflation measure in India? What inflation measure is most relevant for monetary policy making in India? Questions
of timeliness, weights in the price index, accuracy of food price m...
On 06 May 2011 This paper presents a comprehensive set of stylised facts for business cycles in
India from 1950 - 2009. India's business cycle in the pre 1991 economy is compared with the post 1991
Indian economy,...
On 27 Apr 2011 In 2010 and 2011, there has been a fresh wave of interest in cap-
ital controls. India is one of the few large countries with a complex
system of capital controls, and hence others an opportunity to...
On 21 Apr 2011 Traditional explanations for trade misinvoicing -- high custom duties
and weak domestic economies — are less persuasive in a world of high
growth emerging markets who have low trade barriers. A 35-
...
On 22 Nov 2010 Prior to the Asian financial crisis, most Asian exchange rates were de facto pegged
to the US Dollar. In the crisis, many economies experienced a brief period of extreme flexibility. A `fear of float...
On 18 Jun 2010 Capital account openness and exchange rate flexibility in 11 Asian countries are examined. Asia has made slow progress on de jure capital account openness,
but has made much more progress on de facto...
On 04 Feb 2010 India has an elaborate system of capital controls which impede cap-
ital mobility and particularly short-term debt. Yet, when the global
money market fell into turmoil after the bankruptcy of Lehman...
On 19 Jan 2010 China and India have both attempted distorting the exchange rate in order to foster exports-led growth. This is described as the Bretton Woods II framework, where developing countries buy bonds in the...
On 30 Nov 2009 This paper examines how unhedged currency exposure of firms varies with changes in currency exibility. A sequence of four time-periods with alternating high and low currency volatility in India prov...
On 11 Jun 2009 Since 1993, India’s currency regime is said to be a managed float, a “market determined exchange rate” in the sense that there is a currency market and the exchange rate is not visibly administrativel...
On 10 Jul 2007 |