Description
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.
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.