In this paper we devise quantitative techniques to analyze the management of foreign capital flows in India over the past three decades. The paper argues that India's overall approach towards liberalization of the capital account can be characterized as gradualist and calibrated, whereby certain...

The term “federalism” does not have a clear meaning: it must be specifically defined in the context in which it will be applied it. Regarding the Italian case, this definition can be found in the Fiscal Federalism Delegation Act (FFDA), Law of 5th May 2009, No. 42 (FFDA), which specifies the...

Emerging Central and Eastern Europe is the region most affected by spillovers of the global financial crisis. However, some countries in CEE appeared to have been more prepared and resilient than others. To draw some lessons on why some countries weathered the negative spillovers of the global...