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International Reserves held by developing countries including India have increased with a fast pace during last decade …. Our study provides briefly the influencing factor of international reserves in case of India. The study takes in the areas … trade openness in India. Our findings denotes that accumulation of international reserves is essential for Indian economy as …
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We develop a tractable small open-economy model to study the first-round effects of international food price shocks in developing countries. We define first-round effects as changes in headline inflation that, holding core inflation constant, help implement relative price adjustments. The model...
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instruments of financial repression may be used for exchange rate management. The model is compared to the experience of India, a …
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