Child stunting in India exceeds that in poorer regions like sub-Saharan Africa. Data on over 168,000 children show that, relative to Africa…
The revival of interest in nominal GDP (NGDP) targeting has come in the context of large advanced economies. We consider the case for NGDP…
The paper proposes an exchange rate regime for oil-exporting countries. The arrangement is designed to achieve the best of both flexible…
Countries that specialize in commodities have in recent years been hit by high volatility in world prices for their exports. This paper…