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Our research examines if conditions necessary for an India-Nepal optimum currency area (OCA) currently exist. We do not address the more difficult questions of political feasibility of such a scheme for Nepal, a country in which the nature of a new political order is just being debated.

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Oct 16th, 12:00 AM

Monetary integration of Nepal with India: A road to faster growth?

Our research examines if conditions necessary for an India-Nepal optimum currency area (OCA) currently exist. We do not address the more difficult questions of political feasibility of such a scheme for Nepal, a country in which the nature of a new political order is just being debated.