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21-Jun-2011
The central bank favours returning to flexible inflation targeting but with an active foreign-exchange intervention policy and more co-ordination with fiscal and prudential policy. This approach should enhance inflation control but care will be needed to avoid exchange-rate losses.
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14-Jun-2011
In India enrolment is improving but teacher effectiveness needs to be enhanced and higher education regulation reformed further.
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14-Jun-2011
India’s financial sector proved resilient in the face of the global crisis. Reforms have heightened competition in the sector, but further opening up is necessary.
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14-Jun-2011
In India fossil fuel subsidies are amongst the largest among all fuel-importing countries and help ingrain detrimental consumption habits.
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14-Jun-2011
The Indian economy has been catching up quickly in the past two decades, and weathered the global recession well. With further reforms, growth could reach double-digit rates.
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14-Jun-2011
In India a binding medium-term budget framework is needed with rules to limit deficit spending. The government is pushing ahead with important reforms to direct and indirect taxation.
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17-May-2011
Improvements in the macroeconomic policy framework prudent regulation of the financial system have contributed to reduce output volatility in Mexico. Policy improvements could help reduce output volatility further.
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17-May-2011
A long-term and broad-based strategy with education at its core is needed for Mexico to reach its productivity potential and fight informality. This would include lowering the costs of formality, while enhancing its benefits and increasing the cost of non-compliance with labour and tax laws.
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09-May-2011
There is a lack of clear information on university performance. Recent legislation concentrated on governance, without which better performance will be difficult to achieve. In the longer term, with appropriate accompanying policies, tuition fees should rise to cover a larger share of costs.
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