Whether or not inflation targeting adoption leads to increased volatility of exchange rates is controversial. The … volatility increases with inflation targeting as a result of the flexible exchange rate regime. Others argue that inflation … targeting delivers the best outcomes in terms of lower exchange rate volatility. The purpose of this paper is to investigate …

The implementation of economic reforms under new economic policies in India was associated with a paradigmatic shift in … the consequences of such policy measures in India, particularly during the period of the global recession. Not only did … India, this paper concludes that such monetarist policy measures have been responsible for stagnation, with a rise in price …