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|z 9781513581347
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|a 1018-5941
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|a BD-DhAAL
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|a Anand, Rahul.
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|a Understanding India's Food Inflation :
|b The Role of Demand and Supply Factors /
|c Rahul Anand, Naresh Kumar, Volodymyr Tulin.
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|a Washington, D.C. :
|b International Monetary Fund,
|c 2016.
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|a 1 online resource (42 pages)
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|a IMF Working Papers
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|a <strong>Off-Campus Access:</strong> No User ID or Password Required
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|a <strong>On-Campus Access:</strong> No User ID or Password Required
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|a Electronic access restricted to authorized BRAC University faculty, staff and students
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|a Over the past decade, India has seen a prolonged period of high inflation, to a large extent driven by persistently-high food inflation. This paper investigates the demand and supply factors behind the contribution of relative food inflation to headline CPI inflation. It concludes that in the absence of a stronger food supply growth response, food inflation may exceed non-food inflation by 2 1\2 -3 percentage points per year. The sustainability of a long-term inflation target of 4 percent under India's recently-adopted flexible inflation targeting framework will depend on enhancing food supply, agricultural market-based pricing, and reducing price distortions. A well-designed cereal buffer stock liquidation policy could also help mitigate food inflation volatility.
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|a Mode of access: Internet
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|a Kumar, Naresh.
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|a Tulin, Volodymyr.
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|a IMF Working Papers; Working Paper ;
|v No. 2016/002
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| 856 |
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|z Full text available on IMF
|u http://elibrary.imf.org/view/journals/001/2016/002/001.2016.issue-002-en.xml
|z IMF e-Library
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