This paper examines association between the cyclical component of agricultural output and rainfall in India. When the cause of food inflation is because of supply shortage driven by inadequate rainfall and poor irrigation facilities, then a contractionary monetary policy may lead to stagflation....

In this paper we analyze why Naxalism (an ultra-left movement) still persists in pockets of India. One popular perception about the existence of Naxalism is deprivation. We examine deprivation in terms of seven development indicators, namely, access to health and health outcomes; access to...

India has signed a FTA with the ASEAN. The ‘Look East’ policy for India matches very well with the ‘Look West’ policy that ASEAN have for India. However, in its present state, India-ASEAN FTA promises limited gain. There is a need to go beyond trade in goods, and cover areas in services....

The notion about China being factory of the world is changing. Factories in China are shifting their production base to neighboring Asia, primarily because of higher input costs in China, a volatile Chinese exchange rate, Chinese exports being increasingly targeted by its major trading partners,...

This paper investigates empirically the possibility of forming an Optimum Currency Area (OCA) among member countries of Economic Community of West African States (ECOWAS) region. Under OCA, member countries share a common currency (like, the Euro), while foregoing their autonomy with respect to...