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rational-expectations, microeconomic model of why the local crisis escalated into a general freeze in credit flows. It then …
Persistent link: https://www.econbiz.de/10004976651
The nature of the financial turbulence that happened recently in US and Europe, why it happened, where it happened, and the implications for central banks. Some of the forces that led up to and characterized the recent spate of events, the specific responses of central banks and some challenges...
Persistent link: https://www.econbiz.de/10005528200
This statement sets out the Reserve Bank’s assessment of the current macroeconomic situation and forward projections.
Persistent link: https://www.econbiz.de/10008828478
The Financial Crisis of 2007-2008 and the Great Recession of 2007-2009 are now in the past. Again there was the debt crisis of 2010-11. During the worst of the recent financial crisis/Great Recession many observers made comparisons between that event and the Great Depression. The lecture...
Persistent link: https://www.econbiz.de/10010541084
Prior to the Asian financial crisis, most Asian exchange rates were de facto pegged to the US Dollar. In the crisis, many economies experienced a brief period of extreme flexibility. A `fear of floating' gave reduced flexibility when the crisis subsided, but flexibility after the crisis was...
Persistent link: https://www.econbiz.de/10008599384
From the early 1990s, India embarked on easing capital controls. Liberalization emphasised openness towards equity flows, both FDI and portfolio flows. In particular, there are few barriers in the face of portfolio equity flows. In recent years, a massive increase in the value of foreign...
Persistent link: https://www.econbiz.de/10005528104
This paper argues that attempts at state-building in Afghanistan have led to institutions that are not robust. The state institutions and organizations continue to be highly dependent on external resources and technical expertise, and lack of critical mass of people able and willing to maintain...
Persistent link: https://www.econbiz.de/10010945374
How does growth actually trickle down to remove an individual’s poverty? Is it through increases in employment? What other avenues did the benefits of growth travel through before reaching and helping poor people in this country? How do people become poor in the first place? What pathways...
Persistent link: https://www.econbiz.de/10005528247
Budget presented by Shri Prasanna Acharya. The first part contains the Agriculture Budget.
Persistent link: https://www.econbiz.de/10010945360
disadvantaged in terms of access to credit. Within the dryland areas too inter-personal inequalities in access to credit linkage … know the pattern of institutional credit availed across the districts. The paper is based on the secondary data on … institutional credit taken for agriculture purposes collected during input surveys conducted by Agricultural Census Division …
Persistent link: https://www.econbiz.de/10010945477