Economic Comment
India: trade wars, capital flight and… Formula One?
What are the similarities between trade wars, capital flight from emerging markets caused by an acceleration of the Fed tightening cycle and… Formula One?
Economic Comment
What are the similarities between trade wars, capital flight from emerging markets caused by an acceleration of the Fed tightening cycle and… Formula One?
Special
US trade and monetary policy will have a substantial effect on the Indian economy. We calculate a Indian capital flows model to assess the impact of an acceleration of the Fed’s tightening cycle. Our results show that India would lose USD 22bn in missed capital inflows up to 2022.