Programme Agenda

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Workshop Material

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Session 1: What drives current account deficits in South Asia?

External Vulnerabilities - A preview of the next South Asia Economic Focus Robert Beyer
Sebastian Franco Bedoya
Hans Timmer
 World Bank  

Presentation

Determinants of Current Account Balance in South Asian Economies – An Empirical Analysis Rajib Das
Narayan Pradhan
Rajat Malik
 Reserve Bank of India  

Presentation

Drivers of Nepal's Current Account Deficit and its Policy Remedies Anita Poudel Nepal Administrative Staff College  

Presentation

Assessing the determinants of the Current Account Deficit: Evidence from South Asia Muhammad Ibrahim Shah University of Dhaka  

Presentation

Session 2: New insights on South Asia's export performance

Bank Ownership, Monetary Policy and Exports: Evidence from a Matched Firm-Bank Dataset Pavel Chakroborty Lancaster University, UK  

Presentation

Trade Vulnerability of Bangladesh: An Exploratory Analysis Syed Yusuf Saadat Centre for Policy Dialogue, Bangladesh  

Presentation

Session 3: On the relationship of foreign exchange interventions and monetary policy

Foreign Exchange Market Intervention and Liquidity Management in India: Some Empirical Investigations Soumya K Ghosh
Debashis Padhi
Tapas Kumar Parida
State Bank of India  

Presentation

Implications of Exchange Rate Volatility on the Monetary Policy Conduct: An Emerging Market Perspective Sumila Tharanga Wanaguru
Anil Perera
Central Bank of Sri Lanka  

Presentation

Session 4: On the relationship of exchange rates and the current account

Does exchange rate depreciation improve the balance of trade? A Pakistan’s perspective Muhammad Omer
Junaid Kamal
State Bank of Pakistan  

Presentation

Revisiting the Effect of Exchange Rate Fluctuations on the Trade Balance: Evidence from Sri Lanka Hemantha Ekanayake
Erandi Liyanage
Central Bank of Sri Lanka  

Presentation

Exchange Rate Undervaluation and Economic Growth: The Trade- versus the Financial Risk Channel Fayyaz Hussain
Muhammad Ishtiaq
M. Ali Choudhary
State Bank of Pakistan  

Presentation

Do Remittances have a Flip Side? A Panel Cointegration Analysis of Remittances and Real Effective Exchange Rate in South Asian Countries Ujjal Protim Dutta
Partha Pratim Sengupta
National Institute of Technology, India  

Presentation

Session 5: Empirical insights on the twin deficits in South Asia

Sri Lanka’s Macroeconomic Challenges: A Tale of Two Deficits Utsav Kumar Asian Development Bank    

Presentation

Dushni Weerakoon Institute of Policy Studies
Roselle Dime Asian Development Bank
Twin deficit Hypothesis: Empirical Evidence from India Santosh Kumar PK Cochin University of Science and Technology  

Presentation

Fiscal Deficit and External Debt Driven External Vulnerabilities in South Asia: A Panel Data Analysis John V Guria Reserve Bank of India  

Presentation

Session 6: Ricardian Equivalence, Feldstein-Horioka Puzzle and Twin Deficit in South Asia

The Twin Deficits Hypothesis, Ricardian Equivalence and Feldstein-Horioka Puzzle: An Empirical Evidence from Bangladesh Muntasir Murshed Bangladesh Institute of Development Studies  

Presentation

Ricardian Equivalence, Feldstein-Horioka Puzzle and Twin Deficit Hypothesis in Indian Context: An Empirical Study Suraj Nadaik
Prasant Kumar Panda
Central University of Tamil Nadu  

Presentation