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In this paper we assess the impact of external economic liberalization in India on the transmission of aggregate shocks … eight variable vector autoregression (VAR) model. We also test two propositions regarding the nature of India …, and prices for India and its world counterparts. The analysis is extended to include dummy variables and distributed lags …
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Despite over three decades of Liberalisation policies in Africa, income-inequality has stayed persistently high. Using updated panel data of 26 African countries spanning the period 1996-2010, this study examines the effect of liberalisation policies with particular focus on financial, trade,...
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