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The year 2018 was a milestone year for India-Bhutan relationship as the countries celebrated the accomplishments of the last fifty years of time-tested and special ties. The mutually beneficial economic ties have been the centre-piece of India-Bhutan relationship. India is Bhutan's largest...
Persistent link: https://www.econbiz.de/10012098363
India and Nepal have traditionally shared a unique relationship of friendship and economic cooperation. The relationship is characterized by an open and people-friendly border and is built on shared historical, cultural, linguistic, ethnic links between people residing in India and Nepal. With...
Persistent link: https://www.econbiz.de/10012029948
International financial institutions (IFIs) generally enjoy preferred creditors treatment (PCT). Although PCT rarely appears in legal contracts, when sovereigns restructure bilateral or commercial debts, they normally pay IFIs in full. This paper presents a model where a creditor, such as an...
Persistent link: https://www.econbiz.de/10012586734
India is seen as a key developmental partner to Nepal with the latter being one of the first receipts of development aid from India. Development aid from India to Nepal has not only been associated with creation of infrastructure in the country but also with human capital development and...
Persistent link: https://www.econbiz.de/10012018904
Public sector enterprises (PSEs) have been one of the key drivers of economic development in several countries, including India. While many countries have gradually moved away from the PSE model of growth, in the year 2019, around 25 percent of the Fortune Global 500 companies were PSEs. As...
Persistent link: https://www.econbiz.de/10012203996
A multilateral currency union removes the intraregional exchange rates but not the union rate variability with the rest of the world. The intraregional exchange rate variability is thus latent. A two-step procedure is developed to measure the variability. The measured variables are used to model...
Persistent link: https://www.econbiz.de/10003740327
reduce transportation costs across a massive geographical area between China and Europe. The authors estimate how much trade … true for eastern Europe and Central Asia and, to a lesser extent, south-east Asia. In contrast, if China were to seek to … Europe as far as trade creation is concerned. …
Persistent link: https://www.econbiz.de/10011541814
This paper provides empirical evidence on the relationship between patterns of integration in global value chains (GVCs), the ‘quality’ of such integration in terms of technological capabilities and the structure of employment in European countries and sectors. We study employment shares in...
Persistent link: https://www.econbiz.de/10012649535
This paper examines how the BBIN MVA can help in improving the export competitiveness of the North eastern region. Using secondary data and an in-depth primary survey a detailed examination of supply chain of two key items - pharmaceuticals and fresh and processed pineapple is undertaken to...
Persistent link: https://www.econbiz.de/10014480893
southern neighborhood countries of the Middle East and North Africa region. We study the response of eight Mediterranean …
Persistent link: https://www.econbiz.de/10011438640