Showing 1 - 10 of 601
sectoral growth, inflation, investment and external account) for 20 countries. The data are classified on an annual basis …
Persistent link: https://www.econbiz.de/10005787233
behaviour of the last 20 years in China. Six case studies of technological learning and links to external sources of know …-how from the South of China in the Pearl River Delta are examined. It is shown that the learning process that has been … South China lies in this ‘external’ interactive technological learning, as in other East Asian economies. …
Persistent link: https://www.econbiz.de/10008472239
of the economic system in China. By using the theory of endogenous ownership arrangements developed in Tian (1995), a … three stage method of China’s economic reform will be provided. It will be shown that a smooth institutional transition to a …-owned enterprises will face large scale bankruptcy and privatization. The first stage began with rural economic reform in China in 1979 …
Persistent link: https://www.econbiz.de/10011258459
As an innovator in the financial system, China was the first to use paper currency. Eventually the form of currency was … held responsible for devastating inflation and was abandoned during the Ming Dynasty. Going forward in time, uprisings and … discontent have emphasized the importance of controlling inflation. The central bank is pivotal in issuing monetary policy to …
Persistent link: https://www.econbiz.de/10009323474
This paper empirically examines developments in price and inflation in China from 1991 to 2005. Unlike most previous … evidence that inflation can be explained by economic fundamentals such as money, credits, productivity, and exchange rate … sensitive to the sample period than to the region type. Notably, money does not seem to be closely associated with inflation …
Persistent link: https://www.econbiz.de/10008615004
India began its participation in financial and trade globalisation in an orderly and limited way under Dr. Singh’s stewardship in the 1990s. The record of slow and gradual economic reform indicates that Dr. Singh sought strategic rather than close integration with the world economy, that is...
Persistent link: https://www.econbiz.de/10011259049
This paper analyzes the process of reform of India’s federal system, with a focus on fiscal federalism. We first summarize the basic features of, and recent reforms in intergovernmental relations, including the role of political institutions, assignments of expenditure responsibility and...
Persistent link: https://www.econbiz.de/10005790446
This paper surveys the state of fiscal federalism in India, in the broader context of decentralization. We begin with an overview of the basic features and recent developments in intergovernmental fiscal relations, including the role of political institutions, the specifics of legislative and...
Persistent link: https://www.econbiz.de/10005835933
The Indian government has taken a number of incremental measures to liberalize legal and administrative impediments to international capital movements in recent years. This paper analyzes the extent to which the effectiveness of capital controls in India, measured by the domestic less net...
Persistent link: https://www.econbiz.de/10005836349
This article examines recent and potential reforms in India’s fiscal federal system. We summarize key federal institutions in India, including tax and expenditure assignments, and mechanisms for Center-state transfers. We discuss the institutional process by which reforms can and do take...
Persistent link: https://www.econbiz.de/10005837483