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The paper reviews Indias macroeconomic performance and policies since 2000. The first section briefly summarizes key macroeconomic developments regarding economic growth, inflation, external balance, the fiscal situation and aggregate savings and investment. The second section considers some of...
Persistent link: https://www.econbiz.de/10009363919
East Asian countries were seriously affected by the 2008 global crisis through a steep fall in exports. This experience exposed the vulnerability of the East Asian growth model and emphasized the importance of generating regional growth by expanding domestic demand and enlarging intra-regional...
Persistent link: https://www.econbiz.de/10009363952
The fiscal stimulus of almost $10b over four years will result in an extra 10,000 jobs in the short run, but it will reduce future consumption by $160 per person per year. We can spend now, but we have to pay for it eventually. The Government faces a real juggling act in its forthcoming Budget...
Persistent link: https://www.econbiz.de/10009363981
China and India have emerged as highly dynamic economies in recent years. In the Asian region their growth and economic … dependence of India and China is mostly on the industrial intermediate sector, which is critical for their exports. It is … technology is examined. India and China have made steady progress in frontier technologies such as ICT and biotechnology, and …
Persistent link: https://www.econbiz.de/10009363489
Previous work has shown that the results of both China and Mexicos export-led market reforms over the past quarter … century have been strikingly different. In contrast to China, Mexico has not managed to increase the value added of its … exports of manufactured goods and has subsequently had a difficult time competing with China in world markets. Building on …
Persistent link: https://www.econbiz.de/10009365144
increasing the rate of economic growth. Little attention, however, has been devoted to confirm or reject this link for China …
Persistent link: https://www.econbiz.de/10009365430
Comparisons of India and China have been made for over 50 years. This paper focuses on purchasing power estimates in … China and India in the 2005 round of the UN International Comparison Programme (ICP) that was coordinated by the World Bank … currencies and real product per capita for 146 countries, and the results for China and India are discussed in the context of the …
Persistent link: https://www.econbiz.de/10009365454
), the People’s Republic of China (PRC), and India (collectively, ACI) over the next two decades. By 2030, they could …
Persistent link: https://www.econbiz.de/10011278142
that RMB revaluations are contractionary thus have negative impact on China's economic growth and employment. The purpose … of this paper is to empirically assess the effects of RMB real exchange rate on China's output. The econometric work of … possible explanations to this finding, and points out that the finding does not consequentially imply that China should …
Persistent link: https://www.econbiz.de/10009365455
Traditionally development effort of Bangladesh government have aimed at achieving equitable economic growth. The concept is an overriding factor in formulating national policy strategies of poverty alleviation. In this context, the objectives of poverty alleviation are mostly designed with...
Persistent link: https://www.econbiz.de/10009363528