This paper attempts to identify the key determinants of foreign exchange reserves in India using Johansen (1995) Maximum-Likelihood Vector Error Correction Model (VECM) on monthly as well as annual data for reserves, imports and nominal exchange rate. The empirical results confirm that there...

In post-colonisation period, many countries of the world have undergone modernisation and structural transformation of their economies. In most cases, it was led by industrialisation facilitated through technological innovations, access to foreign capital and efficiency in resource use,...

Financial crises entail heavy adjustment costs on the global economy in the form of growth deceleration, weak external sector, rising prices and high unemployment. Moreover, the affected economies witness distressed policy reversals which sometimes prove detrimental to the home economy in high...

This paper assesses the prospects of trade in IT and IT-enabled services after ratification of India-Korea Comprehensive Economic Partnership Agreement (CEPA) by combining emerging development policy paradigms in both the countries

This paper empirically examines the post-1991 trade dynamics in India in terms of their impact on foreign exchange reserves by estimating export and import functions for the period from January 1994 to October 2008. Implementing the Johansen (1995) maximum likelihood method of cointegration and...