The Global Economic Crisis through an Indian Looking Glass - Hardcover

Kishore, Adarsh; Patra, Michael Debabrata; Ray, Partha

Hardcover

ISBN 10: 8132106512 ISBN 13: 9788132106517

Publisher: SAGE Publications Pvt. Ltd, 2011

Synopsis

The Global Economic Crisis through an Indian Looking Glass is about the onset and unfolding of the global financial crisis and the great recession of 2008–2009, tracing its origin and causes, dimensions and impact, policy responses, lessons and the way forward from an Indian perspective. A significant feature of the book is the analysis of the four facets of the crisis: (i) genesis, (ii) impact on the world and India, (iii) the response, and (iv) the aftermath. The authors underscore the gaps in the international financial architecture that allow the recurrence of crises with global ramifications and emphasize the importance of cooperation, coordination and collective action to secure and sustain macroeconomic and financial stability across the globe.

About this title

About the Author:

Adarsh Kishore is Chairman of Axis Bank Ltd. He has held several important positions, such as Principal Finance Secretary to the State Government of Rajasthan, Principal Secretary to the Chief Minister of Rajasthan, and Union Finance Secretary of Government of India. He has also served as Executive Director for Bangladesh, Bhutan, India, and Sri Lanka at the IMF, Washington D.C., USA. He has published several papers in academic journals and books such as Economic Reforms: State–Market Synergy (1996).

Review:

The fact that the authors have had a first-hand understanding and a ring-side view of Indian policy settings (in different capacities), and at the same time, the living experience of the international efforts to deal with the crises is reflected in their competent and insightful treatment of a most topical theme that continues to draw both heat and light, and animated engagement in the public space. Their effort is distinctive in that it provides an Indian perspective to the subject and fills an important gap in the swelling literature on the global crisis.

Author: Dr C Rangarajan

For anyone interested in learning how the recent global financial crisis came about, how it impacted the world and India, and how the latter responded to the challenge posed by it, this book offers a clear and comprehensive one-stop analysis.

Author: Arvind Panagariya

A large body of literature is already pouring in on the genesis, manifestation, and outcome of the worldwide meltdown, but few have taken the broad international view and combined it with an in-depth study of a large emerging economy. The authors of the book have done it, and done it successfully.

Author: Professor V S Vyas

[The book] is notable for its breadth of coverage of issues directly and indirectly...highly informative...a must read for all those interested in the impact of global crisis on India...will be relevant for a long time to come.

Author: ASCI Journal of Management

About this edition

• Publisher: SAGE Publications Pvt. Ltd
• Publication date: 2011
• ISBN 10: 8132106512
• ISBN 13: 9788132106517
• Binding: Hardcover
• Edition number: 1
• Number of pages: 340