This paper examines the current state of economic reforms in India and the phenomenon of policy paralysis leading to almost complete lack of progress on reforms. It studies the qualitative aspects of reforms in India over the last couple of decades and explains how these have changed over time....

With the revival of global economy, the issues of "exit policies" and rebalancing global growth have taken center stage in policy discussions. Since many emerging Asian economies presently have large current account surpluses, the issue of rebalancing has special significance for Asia. While...

With the revival of global economy, the issues of “exit policies” and rebalancing global growth have taken center stage in policy discussions. Since many emerging Asian economies presently have large current account surpluses, the issue of rebalancing has special significance for Asia. While...

The central theme of this paper is that the Indian economy has been remarkably resilient and been able to adapt its quest for growth to changes in circumstances in both the domestic and the global economy and is now poised for sustained progress. At the time of independence after centuries of...

This article examines the role of monetary policy and trade openness to raise income in India for the monetary-targeting regime and the multiple-indicator approach regime of monetary policy. The impact of the key instruments of monetary policy, namely, money supply, interest rate and exchange...

The paper takes into account the various kind of risks associated with cross border transactions that assume importance in Indian scenario. In order to identify such risks, an attempt has been made to analyze the major cases of cross border transactions that occurred in India and to identify the...

The present paper offers best and worst case scenarios of out-of-cycle-review (OCR) of India's IPR laws by the US. It appears that benefits outweigh the negative possibilities. The paper also details the background of OCR, its importance for the private industry in US, its modus operandi and...

Young people account for one fifth of the world’s population and according to the population projections of Planning Commission of India, they contribute to 22.8% of the Indian population. Majority of these young people constitute student population acquiring higher education who may...

This book presents research that applies contemporary monetary theory and state-of-the-art econometric methods to the analysis of the monetary and financial aspects of the Indian economy and the impact of monetary policy on economic performance. Indian monetary policy has attracted significant...