the inflation–unemployment dynamics during the recession and COVID-19 times in India and the UK. Using a generalized … recession and eventually turn to stagflation in India due to inflation caused by the weak supply side. However, in the UK, the …The recession in India and the UK peaked in 2017 due to the implications of new policy initiatives. The outbreak of the …

This paper provides an assessment of India's inflation-targeting regime. It shows that the Reserve Bank of India is … best characterized as a flexible inflation targeter: contrary to criticism, it does not neglect changes in the output gap … when setting policy rates. The paper does not find that the Reserve Bank of India became more hawkish following the …