ICFAI Foundation for Higher Education

Central Bank Currency Composition and Financial Stability: Does Dollar Decline Matter?

Background This study examines whether the accumulation of U.S. dollar (USD) reserves mitigates financial volatility in the presence of rising geopolitical risk (GPR) across emerging Asian economies. In the context of ongoing discussions on the changing currency composition of of...

Marketing Beyond Broadening: Boundarying and the Cumulative Development of Marketing Theory

Marketing's broadening has enabled the discipline to engage diverse phenomena, but it has also created a theoretical problem: empirical relevance does not necessarily constitute a marketing contribution. This commentary identifies this theoretical dilemma as the Broadening Parado...