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III. CONDUCT OF MACROECONOMIC POLICY IN AN OPEN
ECONOMY
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the Literature'. IMF Working Paper No. 208, 2002.
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RBI Occasional Papers, Vol. 24, No. 1 & 2, 2003.
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in Developing Countries, Rudiger Dornbusch, F. Leslie and C. H. Helmers,
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Lopez-Mejia, Alejandro. 'Large Capital Flows:
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IMF Working Paper No. 209, October 2003.
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22, No.1, 2 and 3.
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of Inflation Targeting in the World: What do We Know and What do We Need to
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Mohan, Rakesh. 'Fiscal Correction for Economic
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.'Challenges to Monetary Policy in a Globalising
Context'. Lecture delivered at the Central Bank of Sri Lanka, Colombo,
November 2003.
Montiel, Peter and Carmen M. Reinhart.
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Composition of Capital Flows? Evidence from the 1990s'. Journal of International
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Mundell, R. 'Capital Mobility and Stabilisation
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Canadian Journal of Economics,1963.
Obstfeld, Maurice and Alan M. Taylor. 'Globalisation
and Capital Markets'. NBER Working Paper, 8846, March 2002.
Obstfeld, Maurice, Jay C. Shambaugh and Alan M.
Taylor. 'The Trilemma in History: Trade-offs among Exchange Rates, Monetary
Policies and Capital Mobility'. Working Paper, March 2003.
Rajan, Raghuram G. and L. Zingales. 'The Great
Reversals: The Politics of Financial Development in the 20th Century'.
Working Paper, University of Chicago, 2001.
Rajaraman, Indira. 'Fiscal Restructuring in
the Context of Trade Reforms'. Presented at the Conference on Issues before
the Twelfth Finance Commission organised by the NIPFP, 2003.
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. 'Report of the Advisory Group on Fiscal
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Reddy, Y. V. 'Statement by Governor Dr. Y.V.
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University of York Discussion Paper No. 14, 1998.
Shaw, E. S. 'Financial Deepening in Economic
Development'. Oxford University Press, 1973.
Solans, Eugenio D. 'Commentary:
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Stock, James H. and Mark W. Watson.
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Tanzi, Vito (ed.). 'Fiscal Policy in Open
Developing Economies'. IMF, 1990.
Tanzi, Vito and Howell H. Zee. 'Tax Policy
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Taylor, John B. 'Reassessing Discretionary
Fiscal Policy'. Stanford Institute for Economic Policy Research, 2000.
Throop, Adrian W. 'Fiscal Policy, Dollar,
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Wagner, Helmut. 'Implications of Globalisation
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184, 2001.
IV. INTERNATIONAL TRADE DYNAMICS
Acharya, Shankar N. 'Managing
External Economic Challenges in the Nineties : Lessons for the Future'.
18th Anniversary Lecture of the Centre for Banking Studies, Central Bank of
Sri Lanka, Occasional Paper No. 33, 1999, ICRIER.
Balakrishnan, P., K. Pushpangadan
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October 2000. pp.3679-3682.
Baldwin, Robert E. 'Openness and Growth: What’s
the Empirical Relationship?'. NBER Working Paper Series, Working
Paper 9578, March 2003, Cambridge, MA 02138.
Chand, S. and K. Sen. 'Trade Liberalisation
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of Development Economics, February 2002, Volume 6, No.1.
Das, Deb Kusum. 'Trade Liberalisation and
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ICRIER Working Paper No.77, 2002.
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Dholakia, R. H. and D. Kapur. 'Economic Reforms
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Dornbusch, R., S. Fischer and P.
Samuelson. 'Comparative Advantage, Trade and Payments in a Ricardian Model
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May 1978.
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. 'The Report of the Committee on Trade
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. 'The Report of the Tax Reforms Committee
(Chairman: Raja J. Chelliah)'. 1991, New Delhi.
. 'The Report of the High Level Committee
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Helpman, Elhanan. 'Endogenous Macroeconomic
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Krishna, P. and D. Mitra. 'Trade Liberalisation,
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Mohan, Rakesh. 'Small-Scale
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Nambiar, R. G., B. L. Mungekar and G. A. Tadas.
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Patra, M. D. and S. Pattanaik. 'Exchange Rate
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V. CURRENT ACCOUNT DYNAMICS IN AN OPEN ECONOMY
Agenor, Pierre-Richard, C. Bismut,
Paul Cashin and, C.J. McDermott. 'Consumption Smoothing and the Current
Account: Evidence for France, 1970-96'. Journal of International Money
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Bahamani-Oskooee, M. and T.J. Brooks. 'Bilateral
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Weltwirtschaftliches Archiv, 1999, Volume 135,
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VI. MANAGEMENT OF CAPITAL FLOWS
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VII. FOREIGN EXCHANGE RESERVES, EXCHANGE RATE AND
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VIII. APPROACH TO CAPITAL ACCOUNT CONVERTIBILITY
Agosin, M. R. 'Capital Account Convertibility
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IX. INTERNATIONAL FINANCIAL ARCHITECTURE
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January 2001.
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Kenen, Peter B. ' The International Financial
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