The Global Financial Crisis and the Indian Economy

• Κύριος συγγραφέας: Pandit, B. L. (Συγγραφέας)
• Συγγραφή απο Οργανισμό/Αρχή: SpringerLink (Online service)
• Μορφή: Ηλεκτρονική πηγή Ηλ. βιβλίο
• Γλώσσα: English
• Έκδοση: New Delhi : Springer India : Imprint: Springer, 2015.
• Θέματα: Finance.; Macroeconomics.; Economics.; Macroeconomics/Monetary Economics//Financial Economics.; Finance, general.

 After tracing the causes of the global financial crisis, the book focuses on two fundamental systemic issues connected with its manifestation: financial-sector regulation and the problem of the dollar-centric international monetary system, both of which have been widely cited among the important factors leading to the 2008 financial crisis. The important analytical question of monetary policy transmission during the crisis is discussed in depth with the help of appropriate econometric models. The effectiveness of India’s monetary policy during the crisis is examined by specifying an econometric model, and the impact of the crisis on the Indian stock market is modelled on the basis of risk-enhancing and risk-mitigating features. In closing, the impact of the crisis on real sectors of the Indian economy is analysed in detail. 

 Chapter 1: Introduction -- Part A The Systemic Issues of the Global Crisis -- Chapter 2: Genesis of the Global Financial Crisis -- Chapter 3: Financial Liberalization, Economic Development and Regulation -- Chapter 4: Towards a New International Monetary System -- Part B Global Crisis and Indian Economy -- Chapter 5: Monetary Policy Transmission: Cointegration and Vector Error Correction Analysis -- Chapter 6: Monetary Policy and Credit Demand during the Crisis -- Chapter 7: Global Financial Crisis and the Indian Stock Market -- Chapter 8: Indian Economy through the Global Crisis -- Chapter 9:  Conclusions.