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In this context, higher education as well as research and development (R&D) have long since ceased to be purely the domain of the developed Western economies. Numerous regions of the world, some in the emerging markets in particular – the often-cited BRIC countries – are catching...
Persistent link: https://www.econbiz.de/10009653328
India represents a sharp contrast to China in the small size of its goods trade. Although India’s GDP is a third that … of China, its global trade is only about 12 percent as large while its trade with United States is less than 10 percent … as large. Even more striking, Japan’s trade with India is less than 5 percent of its trade with China. The large U …
Persistent link: https://www.econbiz.de/10005528184
This essay examines the trajectory of India?s fiscal policy with a focus on historical trends, fiscal discipline frameworks, fiscal responses to the global financial crisis and subsequent return to a fiscal consolidation path. [Ministry of Finance WP]....
Persistent link: https://www.econbiz.de/10009493974
The report is a compilation of quantitative information with regard to external reserves, such as, level of foreign exchange reserves, sources of accretion to foreign exchange reserves, external liabilities vis-àvis foreign exchange reserves, prepayment/repayment of external debt, Financial...
Persistent link: https://www.econbiz.de/10005528240
There has been a very rapid rise since the early 1990s in foreign reserves held by developing countries. These reserves have climbed to almost 30 percent of developing countries' GDP and 8 months of imports. Assuming reasonable spreads between the yield on reserve assets and the cost of foreign...
Persistent link: https://www.econbiz.de/10005699170
This paper outlines a proposal for a controlled approach to capital account liberalization for economies experiencing large capital inflows. The proposal essentially involves securitizing a portion of capital inflows through closed-end mutual funds that issue shares in domestic currency, use the...
Persistent link: https://www.econbiz.de/10005699285
Recently, a dramatic accumulation in foreign exchange reserves has been widely observed in developing countries. This paper explores the possible long-run impacts of this trend on macroeconomic variables in developing countries. We analyze a simple open economy model where increased foreign...
Persistent link: https://www.econbiz.de/10008682003
within the household. The question is analyzed in the context of a housing reform that occurred in China that gave existing …
Persistent link: https://www.econbiz.de/10010945273
files related to the allocation of coal blocks, border security issues with Pakistan and China, and the current economic …
Persistent link: https://www.econbiz.de/10010945254
The ambitious development plans for the Lancang-Mekong River Basin (LMRB) could have serious environmental, social, cultural and even geopolitical ramifications that could in turn destabilise the Mekong Subregion (MS). On the premise that frameworks for regional cooperation offer a viable route...
Persistent link: https://www.econbiz.de/10010945328