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This Article IV Consultation reports that India’s growth remains relatively high, but various factors, including the … Reserve Bank of India (RBI) to pause monetary tightening, but remains elevated. The slow pace of fiscal consolidation has … added to demand pressures. Ensuring sustainable growth will require reinvigorating the structural agenda, rather than …
Persistent link: https://www.econbiz.de/10014396638
This study investigates the role of India''s economy in explaining the observed growth in South Asia, taking into … spillover effects by focusing on growth more generally with India''s growth as an explanatory variable. The results of the panel … growth regressions suggest that India''s growth has good explanatory power for growth in other SAC after 1995 …
Persistent link: https://www.econbiz.de/10014396926
spending compatible with identified targets for growth, inflation and domestic and foreign borrowing. The difference between … reform on fiscal and external performance. The model is applied to India to illustrate the types of simulations that may be …
Persistent link: https://www.econbiz.de/10014398059
A robust empirical determinant of long-term economic growth in many developing countries has been the expansion and … diversification of the export sector. The latter, in turn, has been influenced by capital accumulation and economic growth. The growth … model developed here explores this interdependence in the context of the “new growth theory”. The analytical results are …
Persistent link: https://www.econbiz.de/10014398124
reviews the recent experience of Guyana, India, Jamaica, Kenya, Sierra Leone, and Sri Lanka with exchange market reform. The …
Persistent link: https://www.econbiz.de/10014398150
This paper examines the growth experience of twenty states of India during the period 1961-91, using cross …-sectional estimation and the analytical framework of the Solow-Swan neoclassical growth model. We find evidence of absolute convergence …
Persistent link: https://www.econbiz.de/10014398190
study shows that (i) there is no empirical evidence that rapid infrastructure growth would undermine contemporary …
Persistent link: https://www.econbiz.de/10014398382
This paper examines whether the six largest and most active emerging stock markets are informationally efficient with respect to changes in the money supply. To investigate if stock prices fully reflect the information contained in money supply changes, two different econometric techniques are...
Persistent link: https://www.econbiz.de/10014398635
India’s economy has slowed substantially before and after the global financial crisis. The economy is in a weaker …
Persistent link: https://www.econbiz.de/10014395405
dangers and reasons for India’s growth slowdown and proposes policy reforms for sustaining fast growth … High Growth Economies (HGEs) with a decadal rate of over 7 per cent. It then reviews the history of the Indian growth …
Persistent link: https://www.econbiz.de/10014395683