With a trend towards lowering tariff barriers, trade between nations has gained added impetus. One of the consequences of this development is increased imbalance in Balance of Trade for a number of nations. This imbalance is then made up through flow of external capital to nations with sustained...

In this paper, we evaluate whether remittances promote financial inclusion in developing countries. We construct an index of financial inclusion and present single equation estimates of the effects of remittances on financial inclusion. The paper uses data on remittance flows to 61 developing...

[This paper reexamines the question of the India's growth takeoff using newer data and time series analysis. By carefully accounting for structural breaks and stationarity issues and using a longer times series, we address the lacuna in previous econometric investigations into the Indian...

The external debt of a country is considered to be properly managed if it is under sustainable limits. The Indian economy since 1991 has displayed episodes of imbalances in its debt position, capital flows and external sector. This paper discusses the perspectives of India's external debt...

As India is projected to be the world's most populous country by 2025, the growing needs of the economy, with expanding population, in the recent years have placed intense stress on physical infrastructure. In order to meet the deficit in the provision of infrastructure, mid-term appraisal of...

In relation to GDP, India's public debt and interest payments are high compared with most other emerging economies and rating agencies have put India's sovereign debt at the lowest investment grade. On the other hand, India benefits from strong economic growth and needs to increase spending on...

India's expansionary fiscal policy during the recent crisis resulted in higher government borrowing through 2008-09 and 2009-10. This borrowing requirement came in about 83% above the budget estimate in 2008-09, and 65% above the previous year in 2009-10. The debt-to-GDP ratio rose from 69%...

Türkei, Argentinien, Indonesien, Brasilien: Die Währungen vieler Schwellenländer befinden sich zunehmend unter Druck. Die Ursachen sind ähnlich: hohe Schulden, steigende Inflation und schwaches Wachstum. Es fällt den Ländern zunehmen schwer, internationales Kapital zu attrahieren. Stehen...