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The unstable money demand function over the recent decades may explain the unsatisfactory performance of the exchange rate model. Numerous studies have shown that Divisia money serves as a better variable for a stable money demand function. In this study, Divisia money is used as an alternative money supply in MYR/USD exchange rate determination. This study finds that Divisia money differential, real income differential, relative short-term interest rate and real stock prices affect the MYR/USD exchange rate in the long run. The major implication of this study is that policy-makers could monitor the MYR/USD exchange rate via the money supplies following the principle of Divisia monetary aggregate, which assigns higher weightage to more frequently traded monetary assets.

One major source of inflation in India is her import of intermediate inputs. In the modern globalized world, where India is deeply integrated with the world economy, exchange rate affects inflation through various channels. This chapter attempts to gauge the extent of exchange rate pass through to inflation. Using the co-integration framework, this chapter finds considerable evidence of imported inflation in the long run, almost 40%–74% for CPI-IW. At the same time, we also discern evidence of short-run price stickiness of CPI-IW. However, for CPI-AL, the extent of pass-through is a meager 14%. This is due to the fact that CPI-IW gives more weightage to imported components while CPI-AL gives more weight to food and clothing, which are mainly domestically produced.

Flood vulnerability is a complex concept involving the interactions between environment, social and economic dimensions. Indicator‐based vulnerability assessment is widely used in vulnerability studies to summarise complexity and multidimensionality issues to gauge the level of vulnerability. A set of 21 environmental and socio‐economic indicators is used to quantitatively assess the three factors of vulnerability, namely exposure, susceptibility and resilience to flood at the subnational level. The construction of the vulnerability index involved the selection of indicators, their normalisation, weightage and aggregation to a final index. In addition to the Flood Vulnerability Index, three sub‐indices namely Exposure Index, Susceptibility Index and Resilience Index were generated. Based on composite indicator approach, the vulnerability of the states in Malaysia was categorised from very low to very high. The source of vulnerability is due not only to the environmental exposure to flood hazard but also contributed by the internal status of the socio‐economic factors within the vulnerable systems.

Building a quality teaching force depends fundamentally upon attracting suitable candidates into teaching. This translates into transparent and clear policies and procedures for recruitment and transfers. Teacher recruitment and transfer are significant aspects of teacher management in Indian states because of the size and the differences that exist in different locations, in terms of facilities including access to health care services, higher educational institutions, and also transport and mobility. The presence or absence of these facilities and services determine the perceived quality for teachers, especially as it also determines their and the family members’ (including spouse and children) ability to access education, health care, or job market. This makes the recruitment and transfer policy a critical aspect of teacher management that contributes significantly to the motivation and job satisfaction of the teacher. Karnataka was able to make progress on designing and implementing transparent and effective teacher recruitment and transfer policies and move away from a system plagued by the weaknesses exhibited by other states. This chapter undertakes a historical analysis of teacher recruitment and transfers in the state, examines the determinants that led to current policies and an examination of the on-going changes since the policy was first introduced. Using Karnataka’s example, it argues that effective and efficient teacher management systems can lead to better teacher quality.

External examining imparts one of the pivotal means for ensuring the monitoring of the guidelines and standards within private autonomous universities and institutes. External examiners are considered independent individuals who can provide unbiased, objective evaluation, and informed comment on the student’s quality of the project as compared to the standards. Hence, the role of the external examiner is vital and has a strong influence on institutional quality assurance. The qualitative research has primarily aimed to study the external examining practices involving a private university in India. Interviews were conducted mainly with the external appointed examiners; however, the internal faculty guides or supervisors were also made to participate in separate interviews. The results were coded following the content analysis framework. The research unraveled Pandora’s box of the system bottlenecks and challenges concerning the expected and actual practices. Limitations, recommendations, and future research implications were discussed.