Demonetization is a process of extraction of a particular form of currency from circulation. The current form of money is pulled out from circulation and retired, to be replaced with new notes or coins. The latest demonetization measures taken by the Indian Government on November 8th 2016, in an...

The ADB COVID-19 Policy Database displays the measures taken and monetary amounts announced or estimated by the 68 members of the Asian Development Bank, two institutions, and nine other economies (i.e., a total of 79 entries) until May 2020, to fight the coronavirus disease (COVID-19) pandemic....

This study investigates whether Economic Policy Uncertainty (EPU) symmetrically or asymmetrically affecting foreign remittances. Also, examine the volatility of foreign remittances. The suitable econometric models for this study include Nonlinear Autoregressive Distributed Lag (NARDL) model to...

One of the key roles of the Reserve Bank of India or any central bank is to ensure economic stability in the country. For the purpose, the central bank adopts various measures to ensure that the inflation rates, interest rates, exchange rates and money supply remains under control. It uses tools...

Abstract. During the last decade Greece has faced many economic problems. The economy is teetering on the brink of bankruptcy and the debt deepens. In this paper we will examine whether the debt is promoting economic growth in Greece. We use time series data from 1980 to 2010. The data is fitted...

Perceptions of economic trends and growth rates around the world over the past two decades, especially in advanced economies, suggests that the world is in a period of low growth without external stimulus delivered via speculative activities in the financial markets or fiscal stimulus. But is...

An almost unanimously accepted issue is that the path to competitiveness of economies, whose companies are exposed to international competition, goes through innovation. This enables companies to adapt quickly to the pace of the technological change, in order to increase competitiveness. This...

This report discusses the economic impact of the Coronavirus/COVID-19 crisis across industries, and countries. It also provides estimates of the potential global economic costs of COVID-19, and the GDP growth of different countries. The current draft includes estimates for 30 countries, under...

The article examines the impact of the COVID-19 pandemic on the economy. The features of the economic crisis caused by the pandemic have been studied. The features of how this crisis differs from the economic crisis caused by the Spanish flu are presented. The main function of the economic...

We use the information compiled as of 15 June 2020 by the Asian Development Bank (ADB) in the ADB COVID-19 Policy Database to analyze the measures taken by its 68 members, plus the European Central Bank, and the European Union, to combat the coronavirus disease (COVID-19) pandemic. Measures...