Existing accounts of counterterrorist policies posit that defensively oriented measures create negative externalities and result in regulatory competition inducing governments to increasingly tighten their policies. We argue that rather than causing an unconditional global ‘race to the top,'...

Against the backdrop of the COVID-19 pandemic, this paper analyzes the economic stimulus packages announced by the Indian national government and tries to identify some plausible fiscal and monetary policy coordination. The shrinking fiscal space due to revenue uncertainties has led to a...