The study of foreign exchange (forex) reserves has assumed importance due to increasing globalization of emerging market and developing economies. The journey of India from abysmally low reserves in 1991 to today's comfortable position has made the study of forex reserves very relevant in Indian...

Expansionary fiscal policy can stimulate or retard growth in an economy depending on whether it crowds in or crowds out private investment. Amidst mixed results in the literature, the present study makes a comprehensive attempt to examine crowding out evidence by exploring the link between Gross...