Economic Growth, Price Stability and Good Governance Implications of Fiscal and Monetary Policies: Global Scenario

The debate on the necessity of government interventions in economic activities has been well documented in the literature of developmental macroeconomics. This book examines whether fiscal and monetary policies combined with good governance result in better economic growth and price stabilization.

Exploring critical themes like the dynamic relationships between money supply, government expenditure, and governance indicators in achieving economic stability and environmental sustainability, this volume addresses the long-standing debate between monetarist and Keynesian schools regarding the determinants of inflation. While incorporating modern considerations of political economics and governance quality, it examines how corruption control, institutional quality, and policy coordination impact economic performance across both developed and developing nations.

The book will be useful to students and researchers of economics, development economics, political science, sociology, international relations, and administrative sciences and to policymakers working in the fiscal and monetary sectors.

Ramesh Chandra Das, PhD, is currently Professor at the Department of Economics of Vidyasagar University in the state of West Bengal, India, with more than 25 years of teaching and research experience. His main areas of research lie in theoretical and applied macroeconomics, financial economics, environmental economics, and political economics. He has contributed several research papers to national and international journals of repute along with more than a dozen edited volumes in the related areas of the subject. Besides, he has written textbooks on microeconomics, macroeconomics, and managerial economics with internationally reputed publishers for different fields of readers and academicians and has been acting as the editor-in-chief in a couple of refereed journals.