The findings of the paper suggest that investment in human capital would depend strongly on sustained economic growth accompanied by education and skill development of the workforce.The paper examines, in detail, the factors which are likely to influence the demand for human capital in the...

The purpose of the paper is to ascertain whether the anti-dumping legislation, in its present form, has served as an effective instrument of protection against unfair trade practices under WTO. The ultimate aim is to assess whether the measure has succeeded in conferring net welfare gains to...

The objective of the paper is to ascertain whether foreign firms display superior performance in the marketplace as compared to Indian owned business units. The emphasis is on the branded product.The paper, on the basis of specified parameters, concludes that even with higher productivity,...

The purpose of the paper is to ascertain the extent to which human resource development impacts the economy in general and the corporate sector in particular.The paper, while analysing in detail the situation prevailing in the international arena, concludes that there is no close correspondence...

This paper reviews the key challenges in rebuilding fiscal institutions in post-conflict countries. Based on IMF technical assistance advice, it proposes a three-step framework for the creation or re-establishment of well-functioning public finance institutions: (i) creating a proper legal...

The Heavily Indebted Poor Countries (HIPC) Initiative, launched in 1999 by the IMF and the World Bank, was the first coordinated effort by the international financial community to reduce the foreign debt of the world’s poorest countries. It was based on the theory that economic growth in...

In this article, we empirically examine the operation of the traditional Keynesian interest rate channel of the monetary policy transmission mechanism in five emerging economies in the Middle East and North Africa (MENA) region and compare it with 14 inflation targeting (IT) emerging market...

This paper provides an overview of inflation developments in Vietnam in the years following the doi moi reforms, and uses empirical analysis to answer two key questions: (i) what are the key drivers of inflation in Vietnam, and what role does monetary policy play? and (ii) why has inflation in...

This paper provides an overview of inflation developments in Vietnam in the years following the doi moi reforms, and uses empirical analysis to answer two key questions: (i) what are the key drivers of inflation in Vietnam, and what role does monetary policy play? and (ii) why has inflation in...

This paper explores the hypothesis that the propensity to consume out of income varies in a non-linear fashion with fiscal variables, and in particular with government debt per capita. Using data from eighteen OECD countries the paper examines whether there is any empirical evidence to support...