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Trivedi, Pushpa
- Real Effective Exchange Rate Indices of the Rupee: A Comparison of the Selected Alternative Series
Abstract Views :382 |
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Authors
Affiliations
1 Indian Institute of Technology, Powai, Bombay, IN
1 Indian Institute of Technology, Powai, Bombay, IN
Source
Artha Vijnana: Journal of The Gokhale Institute of Politics and Economics, Vol 38, No 1 (1996), Pagination: 65-94Abstract
The indices of Real Effective Exchange Rate (RER) compiled by the RBI end the other researchers assume a static direction and/or commodity-composition of India's exports. These assumptions lose validity as the time-span for which the series is constructed is lengthened. In view of this, it is argued that use of a variable weighting method - based on the exports shares of the previous five years could be adopted to overcome the assumption of a static direction of exports. Moreover, exports of a country have to be globally price-competilive. Hence, the relative inflation rate of country should be measured with respect to the low inflation countries with sizeable share in the global real income. By including countries with very high and chronic inflation rates, the RBI series has underestimated India's relative inflation rateas also the extent of nominal depreciation. Though the extent of underestimation in the real exchange rate on account of this factor is marginal, yet the distortions in the component series can give wrong signals for the policy guidelines. It may lead to complancency for pursuing tight monetary and flscal policies for the containment of inflation at home. Hence, excluding some of these countries is suggested. Lastly. in the economic literaturte these indices are compiled by using the modern definition, wherein the proxies of Wholesale Priceof Index (WPI) (for the rest of the world) and Consumer Price Index (CPI) (for the domestic economy) are used as the proxies for the prices of tradables and non-tradables. respectively. The RBI has not provided any theoretical justifictttion for using these proxies in an exactly opposite manner.- Developing Health Accounts:Underpinning for Maharashtra State
Abstract Views :209 |
PDF Views:133
Authors
Affiliations
1 CMDR, Dharwad, IN
2 Department of Humanities and Social Science, IIT, Powai, Mumbai, IN
1 CMDR, Dharwad, IN
2 Department of Humanities and Social Science, IIT, Powai, Mumbai, IN
Source
Anveshana: search for Knowledge, Vol 4, No 2 (2014), Pagination: 24-63Abstract
The health system of a country is one of the major indicators of human development. Though, India has achieved significant success as regards the general growth rate over the last decades, her health system is still at cross roads. Though the government has taken great initiative to improve the public health facilities, much remains to be done. The major challenge in this area for the researchers and the policy makers is the assessment of the performance of health sector. In this background the present study has been undertaken to develop methodologically robust state level health account, to contribute to the institutionalisation of health accounts and generation of health accounts and generation of health accounts metrics for Maharashtra.Keywords
Health Accounts, Health Sector, Health System.- Multilateralism, Regionalism, and Trade Dispute Settlement in WTO:Implications for Developing Countries With Special Reference to India
Abstract Views :180 |
PDF Views:0
Authors
Affiliations
1 Department of Humanities and Social Sciences, Indian Institute of Technology, Bombay, IN
1 Department of Humanities and Social Sciences, Indian Institute of Technology, Bombay, IN
Source
Journal of Indian School of Political Economy, Vol 17, No 1-2 (2005), Pagination: 1-44Abstract
The objectives of the General Agreement on Tariffs and Trade (GATT) and the World Trade
Organisation (WTO) have been to promote multilateralism and non-discriminatory trade practices. Over the years, especially in the nineties, regionalism has paralleled the growth of multilateralism.
Keywords
WTO, Trade Disputes, Multilateralism, Regionalism.- Capital Inflows to the Indian Economy:Causes and Consequences
Abstract Views :180 |
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