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Title: Calm before the storm? : India's relative stability amidst emerging market turmoil
Authors: Pal, Parthapratim
Keywords: Currency Crises
Capital Flows
Macroprudential Policy
Issue Date: 2016
Publisher: SCOPUS
Economic and Political Weekly
Economic and Political Weekly
Series/Report no.: 51(12)
Abstract: It is generally believed that India is doing far better than most emerging market economies in these times of global economic turmoil. Emerging markets are facing capital flight, with large-scale outflows, especially since the second half of 2015, with the trend expected to continue in 2016. India has been less affected than others, but is clearly vulnerable due to the large number of Indian firms that are exposed to external borrowings, a weak rupee, a year or more of declining merchandise exports, falling corporate profitability, and stressed corporate balance sheets.
Description: Pal, Parthapratim, Indian Institute of Management, Calcutta, India
ISSN/ISBN - 00129976
Appears in Collections:Economics

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