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Accelerating And Sustaining Growth »
Source: Accelerating And Sustaining Growth : Economic and Political Lessons
Volume/Issue: 2012/185
Series: IMF Working Papers
Author(s): Arvind Virmani
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 July 2012
ISBN: 9781475505337
Keywords: High Growth Economies, Policy Reforms, Timing and Phasing., import liberalization, competitive pressure, external shocks, per capita income, per capita growth rate, Macroeconomic Analyses of Economic Development, Economic Growth and Aggregate Productivity: General
The paper reviews and draws lessons from the experience of fast growing economies including a sub-set of these termed High Growth Economies (HGEs) with a decadal rate of over 7 per cent. It then reviews the history...

Agricultural Market Integration in India »
Source: Agricultural Market Integration in India
Volume/Issue: 2020/115
Series: IMF Working Papers
Author(s): Michal Andrle , and Patrick Blagrave
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 03 July 2020
ISBN: 9781513549163
Keywords: Cost of living, Supply and demand, Agricultural commodities, Agricultural product marketing, Price dispersion, Market integration, Price transmission, India, WP, cross-market
We assess the degree of cross-market price discrepancy (a proxy for market integration), its evolution over time, and proximate determinants, using monthly price data for 21 agricultural goods and 60 markets in Ind...

Asia: A Survey of Gender Budgeting Efforts »
Source: Asia : A Survey of Gender Budgeting Efforts
Volume/Issue: 2016/150
Series: IMF Working Papers
Author(s): Lekha Chakraborty
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 28 July 2016
ISBN: 9781475519914
Keywords: India, Fiscal policy, Cross country analysis, Budgeting, Asia, Asia and Pacific, Australia, Philippines, Korea, Republic of, Gender
This paper reviews gender budgeting efforts in Asia. The countries in the region have achieved mixed success in improving gender equality. Gender budgeting is ideally a fiscal innovation that translates gender-rela...

Asia’s Stock Markets: Are There Crouching Tigers and Hidden Dragons? »
Source: Asia's Stock Markets : Are There Crouching Tigers and Hidden Dragons?
Volume/Issue: 2014/37
Series: IMF Working Papers
Author(s): Fabian Lipinsky , and Li Lian Ong
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 26 February 2014
ISBN: 9781484320143
Keywords: arbitrage pricing theory, Asian financial crisis, fundamentals, global financial crisis, idiosyncratic factors, integration, IOSCO, securities regulation, stock market, stock pricing
Stock markets play a key role in corporate financing in Asia. However, despite their increasing importance in terms of size and cross-border investment activity, the region's markets are reputed to be more 'idiosyn...

Bank Ownership and the Effects of Financial Liberalization »
Source: Bank Ownership and the Effects of Financial Liberalization : Evidence from India
Volume/Issue: 2011/50
Series: IMF Working Papers
Author(s): Poonam Gupta , Kalpana Kochhar , and Sanjaya Panth
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 March 2011
ISBN: 9781455218929
Keywords: banking reforms, financial liberalization, bank ownership, government securities, banking, investment in government securities, banking sector, state bank, General Financial Markets: Government Policy and Regulation, Financial Institutions and Services: Government Policy and Regulation,
Do financial sector reforms necessarily result in expansion of credit to the private sector? How does bank ownership affect the availability of credit to the private sector? Empirical evidence is somewhat mixed on...

Barriers to Household Risk Management »
Source: Barriers to Household Risk Management : Evidence from India
Volume/Issue: 2012/195
Series: IMF Working Papers
Author(s): Robert Townsend , Shawn Cole , Jeremy Tobacman , Xavier Gine , James Vickery , and Petia Topalova
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 July 2012
ISBN: 9781475505443
Keywords: Household Finance, Trust, Liquidity Constraints, insurance contracts, insurance policies, risk aversion, basis risk, Field Experiments, Household Production and Intrahousehold Allocation, Financial Institutions and Services: General,
Why do many households remain exposed to large exogenous sources of non-systematic income risk? We use a series of randomized field experiments in rural India to test the importance of price and non-price factors i...

Bhutan - Assessment Letter for the World Bank »
Source: Bhutan - Assessment Letter for the World Bank
Volume/Issue: 2010/057
Series: Policy Papers
Author(s): International Monetary Fund
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 09 July 2010
ISBN: 9781498336888
Keywords: Assessment letters, Banking sector, Budget deficits, Economic growth, Excess liquidity, Liquidity management, Monetary policy, World Bank, Financial crises, Economic stabilization
Bhutan's growth was resilient to the financial crisis and the outlook remains positive. Containing fiscal expansion and enhancing liquidity management are necessary to avoid economic overheating. Strengthening bank...

BRICs’ Philosophies for Development Financing and their Implications for LICs »
Source: BRICs' Philosophies for Development Financing and their Implications for LICs
Volume/Issue: 2012/74
Series: IMF Working Papers
Author(s): Yongzheng Yang , and Nkunde Mwase
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 March 2012
ISBN: 9781475502268
Keywords: BRICs, Russia, Institutions, LICs, development financing, debt sustainability, debt relief, public investment, commodity prices, History Of Thought: - Individuals
Flows of development financing from the BRICs (Brazil, Russia, India, and China) to low income countries (LICs) have surged in recent years. Unlike aid from traditional donors, BRICs (excluding Russia) view their f...

Capital Flows, Financial Intermediation and Macroprudential Policies »
Source: Capital Flows, Financial Intermediation and Macroprudential Policies
Volume/Issue: 2014/157
Series: IMF Working Papers
Author(s): Matteo Ghilardi , and Shanaka Peiris
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 21 August 2014
ISBN: 9781498365659
Keywords: Financial Frictions, capital inflows, banking, bank capital, Monetary Policy (Targets, Instruments, and Effects), International Policy Coordination and Transmission,
This paper develops an open-economy DSGE model with an optimizing banking sector to assess the role of capital flows, macro-financial linkages, and macroprudential policies in emerging Asia. The key result is that...

Causes of Asset Shortages in Emerging Markets »
Source: Causes of Asset Shortages in Emerging Markets
Volume/Issue: 2011/114
Series: IMF Working Papers
Author(s): Jiaqian Chen , and Patrick Imam
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 May 2011
ISBN: 9781455262373
Keywords: Asset Shortage, Emerging Market, Capital Market, Regulation, financial assets, interest rates, capital markets, capital account, pension funds, Money and Interest Rates: General
We first illustrate that emerging markets (EMs) face a shortage of financial assets, with financial assets not growing as rapidly as domestic savings. We then estimate the asset shortage in EMs for 1995-2008. We de...