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This paper analyzes a prominent dimension of the initial policy response to the COVID-19 pandemic observed in many countries: the imposition of export restrictions and actions to facilitate imports. Weekly data on the use of trade policy instruments during the first seven months of the COVID-19...
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This paper provides an assessment of India's inflation-targeting regime. It shows that the Reserve Bank of India is … when setting policy rates. The paper does not find that the Reserve Bank of India became more hawkish following the …-targeting has enhanced the credibility of monetary policy such that the Reserve Bank of India is in a position to take extraordinary …
Persistent link: https://www.econbiz.de/10012388760
"Infrastructure projects are often technically complicated and highly customized. Therefore, procurement competition tends to be limited. Competition is the single most important factor toward auction efficiency and anti-corruption. However, the degree of competition realized is closely related...
Persistent link: https://www.econbiz.de/10003821158
"Competition in public procurement auctions in the water supply and sanitation sector is largely limited. This is partly because of high technical complexity and partly because of auction design flaws. The division of lot contracts is an important policy choice for auctioneers to achieve...
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