Patnaik, Ila; Shah, Ajay - In: European Journal of Comparative Economics 6 (2009) 1, pp. 157-173
China and India have both sought control over the exchange rate in order to maintain export competitiveness, manage … and Indian de facto exchange rate regimes, focusing on the period from 1998 to 2007. With increasing capital account … openness, exchange rate inflexibility has been associated with significant monetary policy distortions. In both countries, the …