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deteriorated. The principal risk facing India is the inward spillover from global financial market volatility. Growth is projected …
Persistent link: https://www.econbiz.de/10011245170
This paper explores the causes of India's productivity surge around 1980, more than a decade before serious economic … response, because India was far away from its income-possibility frontier. Registered manufacturing, which had been built up in …
Persistent link: https://www.econbiz.de/10005825610
poverty reduction and inclusiveness in India. We explore the role of economic policies and macrofinancial conditions in …
Persistent link: https://www.econbiz.de/10010790381
India: growth-friendly, social-friendly, and a benchmark case centered on bringing down unproductive spending and …
Persistent link: https://www.econbiz.de/10010790422
This paper investigates the empirical characteristics of income inequality in China and a panel of BRIC+ countries over the period 1980–2013, with a focus on the redistributive contribution of fiscal policy. Using instrumental variable techniques to deal with potential endogeneity, we...
Persistent link: https://www.econbiz.de/10011242236
India’s real GDP growth slipped substantially after the North Atlantic financial crisis. Return to a sustained high growth trajectory is feasible but it will need much more focused attention to the revival of manufacturing and to the acceleration of investment in transport and...
Persistent link: https://www.econbiz.de/10011242441
India’s economy has slowed substantially before and after the global financial crisis. The economy is in a weaker position than before the crisis. With investment particularly hard-hit, potential GDP is likely to be lower than estimated. Inflation is constraining the room for monetary...
Persistent link: https://www.econbiz.de/10011242869
outward spillovers to and from India. The results show that output shocks emanating in globally systemic countries have … important global effects, but their impact on India is limited. It is found that shocks originating in India have relatively …
Persistent link: https://www.econbiz.de/10011243777
estimates potential growth for China, India, and five ASEAN countries (Indonesia, Malaysia, the Philippines, Thailand, and … Vietnam) during 1993–2013. The main findings include: (i) both China and India have recently exhibited a slowdown in …;(iii) over the longer term, demographic factors will be much more supportive in India and some ASEAN economies than in China …
Persistent link: https://www.econbiz.de/10011142066
The macroeconomic policy response in India after the North Atlantic financial crisis (NAFC) was rapid. The overshooting …
Persistent link: https://www.econbiz.de/10011142116