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This paper examines the emerging challenges to the art of monetary policymaking using the case study of the Reserve Bank of India (RBI) in light of developments in the Indian economy during the last decade (2003-04 to 2013-14). The paper uses Hyman P. Minsky's financial instability hypothesis as...
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(Argentina, Brazil, Chile, Paraguay and Uruguay) during four episodes of international crises: 1994, 1997-1999, 2001 and 2008. In …
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Argentina's modern economic history offers perhaps the clearest evidence in support of a rules-based fiscal and … defaults have become semi-permanent features of the Argentine economy. This paper argues that Argentina suffers from a …
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