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In this paper we bring out the performance of the Indian economy, and review the approach of macroeconomic policy especially demand management in the Indian economy. After the shock of the Global Financial Crisis (GFC), India’s economy did not dip much due to the well-directed fiscal stimulus...
Persistent link: https://www.econbiz.de/10014090181
The situation prior to the COVID, as brought out in Morris, Sebastian (2020), was problematic with major slowdown and heightened uncertainty in the financial sector in the last year before the Crisis. The response of the RBI, free from its conservative shackles, now followed the US into...
Persistent link: https://www.econbiz.de/10013306185
global economic growth-China and India. China's Trilemma configurations are unique relative to other emerging markets in the …
Persistent link: https://www.econbiz.de/10013086518
global economic growth-China and India. China's Trilemma configurations are unique relative to other emerging markets in the …
Persistent link: https://www.econbiz.de/10012898782
globalization. In this paper we study the Trilemma choices of the two key drivers of global growth, China and India. We overview and … contrast the policy choices of the two, and test their Trilemma choices and tradeoffs. China’s Trilemma configurations are … that the segmentation of the domestic capital market in China, its array of capital controls and the large hoarding of …
Persistent link: https://www.econbiz.de/10009349229
, China and OECD countries for the period 1960-2002, and found that the effect of imports is usually positive and significant …
Persistent link: https://www.econbiz.de/10005062948
Persistent link: https://www.econbiz.de/10000425759
Persistent link: https://www.econbiz.de/10003756884
Persistent link: https://www.econbiz.de/10003930473
establishments to quantify the extent of this misallocation in China and India compared to the U.S. in recent years. Compared to the … in China and India. When capital and labor are hypothetically reallocated to equalize marginal products to the extent … observed in the U.S., we calculate manufacturing TFP gains of 25-40% in China and 50-60% in India. …
Persistent link: https://www.econbiz.de/10003517484