History of Monetary Policy in India Since Independence

• Κύριος συγγραφέας: Goyal, Ashima (Συγγραφέας)
• Συγγραφή απο Οργανισμό/Αρχή: SpringerLink (Online service)
• Μορφή: Ηλεκτρονική πηγή Ηλ. βιβλίο
• Γλώσσα: English
• Έκδοση: New Delhi : Springer India : Imprint: Springer, 2014.
• Σειρά: SpringerBriefs in Economics,
• Θέματα: Finance.; Macroeconomics.; International economics.; Economics.; Macroeconomics/Monetary Economics//Financial Economics.; Finance, general.; International Economics.

The book discusses Indian post-independence monetary history in the context of the country’s development and the global changes of the period. The conceptual framework used is the SIIO (Structure, Ideas, Institutions and Outcomes) paradigm. That is, structure and ideas become embedded in institution...

Πίνακας περιεχομένων:

• Chapter 1: Structure, ideas and institutions
• Structure: Sectors, Growth and inflation, Politics, Government finances
• Ideas: Keynes modified, Monetarism in the aggregate, Globalization - ideas and domestic impact, New Keynesian theories in emerging markets
• Institutions: Precedents and path dependence, Strengthening institutions, Openness, markets and CB autonomy, Bank Governors and Delegation in India
• Chapter 2: Policy Actions and Outcomes
• The historical trajectory
• Excess demand or cost shocks?
• Openness, inflows and policy
• Money markets and interest rates
• The global crisis, response and revelation of structure
• Trends in money and credit
• Conclusion.