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net. Analysis of the price elasticity of various tobacco products would bring out the potential of tax as an instrument to … elasticities showed that the own price elasticity estimates of various addictive goods in India ranged between -0.5 to -1.0 with … tobacco in India have become slightly more price responsive while elasticity of cigarettes and pan have stabilized. With some …
Persistent link: https://www.econbiz.de/10009365390
The aftermath of the global financial crisis of 2007–2009 has called the export-led growth model of Asian economies into question. This paper describes the contribution that macroeconomic policy can make to promote a rebalancing of growth away from dependence on exports to...
Persistent link: https://www.econbiz.de/10011278107
The aftermath of the global financial crisis of 2007–2009 has called the export-led growth model of Asian economies into question. This paper describes the contribution that macroeconomic policy can make to promote a rebalancing of growth away from dependence on exports to...
Persistent link: https://www.econbiz.de/10011278160
The aftermath of the global financial crisis of 2007–2009 has called the export-led growth model of Asian economies into question. This paper describes the contribution that macroeconomic policy can make to promote a rebalancing of growth away from dependence on exports to...
Persistent link: https://www.econbiz.de/10011278217
The industrial transformation of Asia is a development on a scale unprecedented in human history. Following the industrial revolution towards the end of the eighteenth century, Europe and North America each in turn came to dominate the world economy and global power. Now economic weight is...
Persistent link: https://www.econbiz.de/10011277990
The recent financial crisis has shown that financial innovation can have devastating systemic impacts. International standard setters’ and national regulators’ response has been a global concerted effort to overhaul and tighten financial regulations....
Persistent link: https://www.econbiz.de/10011278058
The recent financial crisis has shown that financial innovation can have devastating systemic impacts. International standard setters’ and national regulators’ response has been a global concerted effort to overhaul and tighten financial regulations....
Persistent link: https://www.econbiz.de/10011278157
This paper analyzes the causes of the 2008–2009 financial crisis together with its manifestations, using a Multiple Indicator Multiple Cause (MIMIC) model. The analysis is conducted on a cross-section of 85 economies; I focus on international financial linkages that may have both...
Persistent link: https://www.econbiz.de/10009651638
This paper analyzes the causes of the 2008–2009 financial crisis together with its manifestations, using a Multiple Indicator Multiple Cause (MIMIC) model. The analysis is conducted on a cross-section of 85 economies; I focus on international financial linkages that may have both...
Persistent link: https://www.econbiz.de/10009651649
Despite having a low exposure to the toxic assets involved in the sub-prime crisis and a gradualist approach towards liberalization of the financial sector, certain parts of the Indian financial sector were significantly affected by the global financial crisis. The consequent tightening of...
Persistent link: https://www.econbiz.de/10009653154