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Author: Ministry of Finance, Government of India
Publisher: Oxford University Press
ISBN: 0199094136
Category : Business & Economics
Languages : en
Pages : 845
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Book Description
The Economic Survey is the budget document of the Government of India. It presents the state of affairs of the Indian economy. Economic Survey 2017-18 consists of two volumes. Volume I provides an analytical overview of the performance of the Indian economy during the financial year 2017-18. It highlights the long-term challenges facing the economy. Volume II is a descriptive review of the major sectors of the economy. It emphasizes economic reforms of contemporary relevance like GST, the investment-saving slowdown, fiscal federalism and accountability, gender inequality, climate change and agriculture, science and technology, among others.
Author: Ministry of Finance, Government of India
Publisher: Oxford University Press
ISBN: 0199094136
Category : Business & Economics
Languages : en
Pages : 845
Get Book Here
Book Description
The Economic Survey is the budget document of the Government of India. It presents the state of affairs of the Indian economy. Economic Survey 2017-18 consists of two volumes. Volume I provides an analytical overview of the performance of the Indian economy during the financial year 2017-18. It highlights the long-term challenges facing the economy. Volume II is a descriptive review of the major sectors of the economy. It emphasizes economic reforms of contemporary relevance like GST, the investment-saving slowdown, fiscal federalism and accountability, gender inequality, climate change and agriculture, science and technology, among others.
Author: Jongrim Ha
Publisher: World Bank Publications
ISBN: 1464813760
Category : Business & Economics
Languages : en
Pages : 524
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Book Description
This is the first comprehensive study in the context of EMDEs that covers, in one consistent framework, the evolution and global and domestic drivers of inflation, the role of expectations, exchange rate pass-through and policy implications. In addition, the report analyzes inflation and monetary policy related challenges in LICs. The report documents three major findings: In First, EMDE disinflation over the past four decades was to a significant degree a result of favorable external developments, pointing to the risk of rising EMDE inflation if global inflation were to increase. In particular, the decline in EMDE inflation has been supported by broad-based global disinflation amid rapid international trade and financial integration and the disruption caused by the global financial crisis. While domestic factors continue to be the main drivers of short-term movements in EMDE inflation, the role of global factors has risen by one-half between the 1970s and the 2000s. On average, global shocks, especially oil price swings and global demand shocks have accounted for more than one-quarter of domestic inflation variatio--and more in countries with stronger global linkages and greater reliance on commodity imports. In LICs, global food and energy price shocks accounted for another 12 percent of core inflation variatio--half more than in advanced economies and one-fifth more than in non-LIC EMDEs. Second, inflation expectations continue to be less well-anchored in EMDEs than in advanced economies, although a move to inflation targeting and better fiscal frameworks has helped strengthen monetary policy credibility. Lower monetary policy credibility and exchange rate flexibility have also been associated with higher pass-through of exchange rate shocks into domestic inflation in the event of global shocks, which have accounted for half of EMDE exchange rate variation. Third, in part because of poorly anchored inflation expectations, the transmission of global commodity price shocks to domestic LIC inflation (combined with unintended consequences of other government policies) can have material implications for poverty: the global food price spikes in 2010-11 tipped roughly 8 million people into poverty.
Author: Rashid Amjad
Publisher:
ISBN: 9781316271711
Category : BUSINESS & ECONOMICS
Languages : en
Pages : 411
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Book Description
"Discusses the measures to reverse the prolonged period of low growth and high inflation that Pakistan has experienced over the past five years"--Provided by publisher.
Author: Jörg Guido Hülsmann
Publisher: Ludwig von Mises Institute
ISBN: 1610164881
Category : Deflation (Finance)
Languages : en
Pages : 48
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Book Description
Deflation is not inherently bad. It creates winners and losers. It also puts a temporary break on the concentration of power in the hands of government and in particular the executive branch. In short, inflation is potentially a great liberating force.
Author: International Monetary Fund
Publisher: International Monetary Fund
ISBN: 1463951523
Category : Business & Economics
Languages : en
Pages : 94
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Book Description
Pakistan has implemented some reforms, including improvements in tax administration, removal of some tax exemptions, and the introduction of an interest rate corridor. The macroeconomic policies are overly expansionary and fundamental reforms to resolve the economy’s structural problems are not being tackled well. There is broad concurrence between the authorities and the mission on policy priorities, namely, tighter fiscal policy, a less accommodative monetary policy stance, and structural reforms. The government recognizes that the economy has performed well below its potential and requires an annual average rate of 7 percent to absorb youth labor growth.
Author: Daniel S. Markey
Publisher: Cambridge University Press
ISBN: 1107045460
Category : History
Languages : en
Pages : 261
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Book Description
This book tells the story of the tragic and often tormented relationship between the United States and Pakistan. Pakistan's internal troubles have already threatened U.S. security and international peace, and Pakistan's rapidly growing population, nuclear arsenal, and relationships with China and India will continue to force it upon America's geostrategic map in new and important ways over the coming decades. This book explores the main trends in Pakistani society that will help determine its future; traces the wellsprings of Pakistani anti-American sentiment through the history of U.S.-Pakistan relations from 1947 to 2001; assesses how Washington made and implemented policies regarding Pakistan since the terrorist attacks on the United States on September 11, 2001; and analyzes how regional dynamics, especially the rise of China, will likely shape U.S.-Pakistan relations. It concludes with three options for future U.S. strategy, described as defensive insulation, military-first cooperation, and comprehensive cooperation. The book explains how Washington can prepare for the worst, aim for the best, and avoid past mistakes.
Author: Stephen P. Cohen
Publisher: Rowman & Littlefield
ISBN: 9780815797616
Category : History
Languages : en
Pages : 504
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Book Description
In recent years Pakistan has emerged as a strategic player on the world stage—both as a potential rogue state armed with nuclear weapons and as an American ally in the war against terrorism. But our understanding of this country is superficial. To probe beyond the headlines, Stephen Cohen, author of the prize-winning India: Emerging Power, offers a panoramic portrait of this complex country—from its origins as a homeland for Indian Muslims to a militarydominated state that has experienced uneven economic growth, political chaos, sectarian violence, and several nuclear crises with its much larger neighbor, India. Pakistan's future is uncertain. Can it fulfill its promise of joining the community of nations as a moderate Islamic state, at peace with its neighbors, or could it dissolve completely into a failed state, spewing out terrorists and nuclear weapons in several directions? The Idea of Pakistan will be an essential tool for understanding this critically important country.
Author: Ishrat Husain
Publisher: Oxford University Press, USA
ISBN:
Category : Business & Economics
Languages : en
Pages : 478
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Book Description
An Insightful Analysis Into The Prevailing Economic Situation In Pakistan. The Main Thrust Is That The Respective Roles Of The State And The Market Have Been Reversed In Pakistan - The Benefits Being Reaped By Elitist Classes Only - Which According To The Author Is Socially And Economically Not Sustainable. 8 Chapters - Epilogue - Bibliography - Index.
Author: Mr. Kangni R Kpodar
Publisher: International Monetary Fund
ISBN: 1616356154
Category : Business & Economics
Languages : en
Pages : 34
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Book Description
This paper investigates the response of consumer price inflation to changes in domestic fuel prices, looking at the different categories of the overall consumer price index (CPI). We then combine household survey data with the CPI components to construct a CPI index for the poorest and richest income quintiles with the view to assess the distributional impact of the pass-through. To undertake this analysis, the paper provides an update to the Global Monthly Retail Fuel Price Database, expanding the product coverage to premium and regular fuels, the time dimension to December 2020, and the sample to 190 countries. Three key findings stand out. First, the response of inflation to gasoline price shocks is smaller, but more persistent and broad-based in developing economies than in advanced economies. Second, we show that past studies using crude oil prices instead of retail fuel prices to estimate the pass-through to inflation significantly underestimate it. Third, while the purchasing power of all households declines as fuel prices increase, the distributional impact is progressive. But the progressivity phases out within 6 months after the shock in advanced economies, whereas it persists beyond a year in developing countries.
Author: S. Akbar Zaidi
Publisher: Oxford University Press, USA
ISBN:
Category : Business & Economics
Languages : en
Pages : 552
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Book Description
This book is the main text for post-graduate courses on South Asia's development, economic history and on its political economy. For researchers on Pakistan's economy, it is the key source for reference, and covers a huge and diverse array of data, literature reviews, commentary and analysis.
