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ऑक्टो 11, 2007
Globalisation and Opening Markets in Developing Countries and Impact on National Firms and Public Governance: The Case of India
Globalisation and Opening Markets in Developing Countries and Impact on National Firms and Public Governance: The Case of India by Jean-Francois Huchet & Joel Ruet, Scientific Coordinators, Report by CSH, CERNA, LSE, ORF NCAER, New Delhi,  2006, Pages 389. World over, globalisation has the fundamental effect on economic development. India is no exception to this global phenomenon. Developing countries can no longer so easily play the protectionist card and a
ऑक्टो 11, 2007
Non Deliverable Foreign Exchange Forward Market: An Overview
Non Deliverable Foreign Exchange Forward Market: An Overview Sangita Misra and Harendra Behera* Recognising the growing activity in the non deliverable forward (NDF) market in the recent years, the paper attempts to present a detailed analysis of the NDF market with special focus on Indian rupee. An attempt is made to study the interlinkages among the spot, forward and NDF markets for Indian rupee. Using daily exchange rate data from Reuters database for the period N
ऑक्टो 23, 2006
ऑक्टो 23, 2006
A Review of Cross-Country Experience in Capital Account Liberalisation
Mohua Roy, Rekha Misra and Sangita Misra*The paper reviews the experience of select countries - both advanced and emerging markets - in regard to capital account liberalisation (CAL). The advanced countries' experience with regard to CAL is analysed with special focus on the sequencing of CAL. The move towards CAL by many of the emerging market economies (EMEs) during the 1980s and the circumstances that led to some policy reversals and the subsequent change in the ma
ऑक्टो 23, 2006
Identifying Asset Price Bubbles in the Housing Market in India - Preliminary Evidence
Himanshu Joshi* Devoted to the analysis of housing market in India, the paper employs a special decomposition scheme for the structural VAR proposed by Blanchard and Quah (1989) to study the impact of permanent shocks to housing prices attributed to monetary variables and income growth - and, in the process, attempts to identify speculative price bubbles in the housing market. Based on the monthly data, the empirical evidence obtained in the paper suggests that the h
ऑक्टो 23, 2006
The Performance of Regional Rural Banks (RRBs) in India: Has Past Anything to Suggest for Future?
Biswa Swarup Misra* Since their inception, regional rural banks (RRBs) have taken deep roots and have become a sort of inseparable part of the rural credit structure in India. The financial viability of the RRBs has, however, been a matter of concern since the 1980s, just five years after their existence. A number of committees have gone into the issue of their financial viability and possible restructuring. This study follows a deductive approach. First the extent o
ऑक्टो 23, 2006
What Drives Forward Premia in Indian Forex Market?
Anil Kumar Sharma and Anujit Mitra* This paper explores the behaviour of the forward premia for US$ vis-à-vis INR during the five-year period of September 2000 to September 2005. Indian forex market experienced a peculiar phenomenon in the years 2003 and 2004 where the forward premia on US$ spot (cash) vis-à-vis Indian rupee became negative. This phenomenon was somewhat uncommon to Indian forex market wherein Indian rupee was always at discount to US$ in the past. Th
ऑक्टो 23, 2006
Banking Sector Developments in India, 1980-2005: What the Annual Accounts Speak?
Banking sector in India is currently passing through an exciting and challenging phase. The reform measures have brought about sweeping changes in this vital sector of the country's economy. This paper is an attempt to study the trends in important banking indicators for the 25-year period from 1980 to 2005. Analysing the data from balance sheets of banks, the paper draws some important conclusions for the banking sector as a whole as well as for different bank groups
ऑक्टो 23, 2006
Public Finance in Developing and Transitional Countries
The book is a collection of essays presented in a conference held in the honour of Richard Bird whose extensive contribution to the fiscal literature emphasised that the unique standards or norms should not be trusted as the simplistic solutions are dangerously insufficient to deal with complications posed by the real world. His contribution to fiscal federalism has moulded the shape of federalism in several economies. He taught that tax reforms should be based on und
ऑक्टो 23, 2006
High-Tech Industries in China
This book gives the readers a wealth of information on R&D in China. It is said that the rise of India and China as centres of innovation will radically change the technology industry existing today which is based mainly in western countries. This study is exclusively on Chinese high-tech industry but very relevant to India, as India is gradually picking up in technology intensive industries. The book reveals the secrets behind the success of China in developing h

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पेज अंतिम अपडेट तारीख: जानेवारी 01, 2025

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