different forms of capital to ensure that future consumption levels are at least as high as current levels, estimates of … investment have been made using theoretically consistent models and data relevant to the Indian context. [WP No 214] …

From the early 1990s, India embarked on easing capital controls. Liberalization emphasised openness towards equity … improvements in the size, liquidity and corporate governance of Indian frms. While the system of capital controls appears … of the current account. These changes to capital account openness were not accompanied by commensurate monetary policy …

but, within months, escalated into a general global financial crisis, resulting in collapsing investment not just in …

expenditure and capital expenditure on the growth rate of output in the Indian context along with other key potential determinants … of economic growth such as trade openness and private investment. It utilizes structural vector autoregression (SVAR …

In recent years, employment has fallen in the organised textile sector despite an aggregate rise in output and capital …, output shocks, lack of capital utilisation and trade restrictiveness pertaining to Multi-Fibre Arrangement (MFA … robust to different measures of capital, its utilisation and disaggregation to state-level. We also illustrate that in a post …

Capital account openness and exchange rate flexibility in 11 Asian countries are examined. Asia has made slow progress … on de jure capital account openness, but has made much more progress on de facto capital account openness. While there is … rates. This combination { of moving forward with de facto capital account integration without bringing in exchange rate …