Money and Finance in the Indian Economy: v. 2: Selected Papers

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9780195696981: Money and Finance in the Indian Economy: v. 2: Selected Papers

The focus of the selected papers in this volume is on problems and policy concerns emerging in particular sectors. The most important of these issues relate to the transition from a situation of credit constraint to one of excess liquidity; sources of fiscal imbalances and measures for their correction; economic and policy implications of FCI's excess food stocks and rapid build-up of foreign exchange reserves; pros and cons of foreign institutional investments; and strengths and weaknesses of the banking system under liberalized regime. The discussion throughout is rigorous, but lucid to suit the needs of students, researchers, and others interested in the performance and problems of the Indian macroeconomy.

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About the Author:

Mihir Rakshit is Director of the Monetary Research Project, ICRA Limited.

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Mihir Rakshit
Published by Oxford University Press, New Delhi, India (2009)
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Book Description Oxford University Press, New Delhi, India, 2009. Hard Cover. Book Condition: New. Dust Jacket Condition: New. First Edition. This book and its companion volume Macroeconomics of Post-reform India bring together essays written over the last fifteen years by eminent economist Mihir Rakshit. The essays cover practically all major macroeconomic developments in India in the process of transition from a Plan to a market-oriented economy. The focus of the essays in this volume is on the problems and policy concerns emerging in particular sectors. The issues discussed relate to the transition from a situation of credit constraint to one of excess liquidity; the source of fiscal imbalances and the measures for their correction; economic and policy implications of FCI’s excess food stocks and the rapid build-up of foreign exchange reserves; the pros and cons of foreign institutional investments (FIIs); and the strengths and weaknesses of the banking system under the liberalized regime. The problems and issues addressed in these essays are diverse, and so is their focus and emphasis. However, the unifying factor is their analysis that draws on a macro-theoretic framework appropriate to the Indian economy. Size: 15 x 23 Cm. Bookseller Inventory # 024970

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Mihir Rakshit
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Book Description Oxford University Press, New Delhi, India, 2009. Hard Cover. Book Condition: New. Dust Jacket Condition: New. First Edition. This book and its companion volume Macroeconomics of Post-reform India bring together essays written over the last fifteen years by eminent economist Mihir Rakshit. The essays cover practically all major macroeconomic developments in India in the process of transition from a Plan to a market-oriented economy. The focus of the essays in this volume is on the problems and policy concerns emerging in particular sectors. The issues discussed relate to the transition from a situation of credit constraint to one of excess liquidity; the source of fiscal imbalances and the measures for their correction; economic and policy implications of FCI’s excess food stocks and the rapid build-up of foreign exchange reserves; the pros and cons of foreign institutional investments (FIIs); and the strengths and weaknesses of the banking system under the liberalized regime. The problems and issues addressed in these essays are diverse, and so is their focus and emphasis. However, the unifying factor is their analysis that draws on a macro-theoretic framework appropriate to the Indian economy. Size: 15 x 23 Cm. Bookseller Inventory # 024970

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