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The economy has rebounded from the pandemic-related downturn but is facing new headwinds. The authorities have responded with fiscal policy measures to support vulnerable groups and to mitigate the economic impact of commodity price increases, as well as with front-loaded monetary policy...
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advanced and emerging market economies. The Reserve Bank of India's implementation of a flexible inflation targeting framework …
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Tourism was one of the fastest-growing sectors before the COVID-19 pandemic, accounting for about 10 percent of global GDP. But it has also created a number of challenges including environmental degradation, especially in small island countries where the carbon footprint of tourism constitute...
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India's recently announced privatization strategy can facilitate a change in the composition of the public sector … description of the SOE sector in India, consider different criteria which can inform the scope and rationale for privatization. It … on India, the framework for SOEs developed in this paper can be used to evaluate SOEs policy options in other countries …
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India's financial sector has faced many challenges in recent decades, with a large, negative, and persistent credit to …
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Capital misallocation is widely thought to be an important factor underpinning productivity and income gaps between advanced and emerging economies. This paper studies how well Indian banks allocate capital across firms with varying levels of productivity. The analysis reveals that the link...
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