Showing 1 - 10 of 184
Most conventional accounts of India’s recent economic performance associate the pick-up in economic growth with the …
Persistent link: https://www.econbiz.de/10005661925
This paper tries to assess how costly it would be for the CEECs to peg their exchange rates to the Euro. We use three types of criteria: institutional (the Maastricht criteria); some measure of real convergence; and the Optimal Currency Area criteria. The institutional criteria seem to be an...
Persistent link: https://www.econbiz.de/10005662339
Economic and monetary reunification in Germany has proved to be more expensive than previously thought - and not just for the Germans. If a `Mezzogiorno' problem of continuing fiscal transfers to the East and possible migration flows westwards are to be avoided, there must be convergence in...
Persistent link: https://www.econbiz.de/10005666815
substitute for other borrowing. We then apply this methodology to firms in India that became eligible for directed credit as a …
Persistent link: https://www.econbiz.de/10005662240
The growth of cotton textile imports into Britain from India opened up new opportunities for import substitution as the … labour-saving technological progress meant that unit labour costs became lower than in India despite the much higher wages in …
Persistent link: https://www.econbiz.de/10005662364
Three main features characterize the international financial integration of China and India. First, while only having a … “short equity, long debt.” Third, China and India have improved their net external positions over the last decade although …. Changes in these factors will affect the international financial integration of China and India (through shifts in capital …
Persistent link: https://www.econbiz.de/10005662395
solvency. This is compared with the corresponding cost if India were to repudiate its debts and experience financial autarky as … improves the relative attractiveness of debt repayment. With a 10% discount rate, however, even writing off 75% of India …
Persistent link: https://www.econbiz.de/10005666962
can reduce teacher absence and increase learning. In 57 schools in India, randomly chosen out of 113, a teacher’s daily …
Persistent link: https://www.econbiz.de/10005791888
We survey the research on the effect of employment laws in developing countries, using papers published since 2004. The survey is further supported by cross-country correlation analyses. Both exercises show that developing countries with rigid employment laws tend to have larger informal sectors...
Persistent link: https://www.econbiz.de/10005792340
politician corruption that we conducted in North India is remarkably consistent with our theoretical predictions. …
Persistent link: https://www.econbiz.de/10005123795