Financial and Fiscal Policies
Crises and New Realities
Y V Reddy author Partha Ray author Pinaki Chakraborty author
Format:Paperback
Publisher:Oxford University Press
Publishing:5th Jan '25
£40.00
This title is due to be published on 5th January, and will be despatched as soon as possible.
What started as a sub-prime mortgage crisis in the United States in 2007 snowballed into global recession and later transformed into an economic crisis, if not a sociopolitical one. This was followed by the euro area debt crisis. While the period 2014–9 was marked by a return to the growth trajectory, albeit of the new normal variety, various headwinds affected such growth, including the United States–China trade war and the initially ambiguous Brexit signals culminating in the United Kingdom's exit from the European Union. In 2020, the world witnessed the emergence of the COVID-19 pandemic and a return to more aggressive fiscal and monetary stimuli. In this revised edition of Financial and Fiscal Policies, the authors highlight the challenges posed by the global crisis and analyse the interactions between monetary, fiscal, and financial policies, exploring cross-country experiences, especially the economics of the euro area and India. Focusing on public debt management, sovereign debt restructuring, taxation, and financial sector and sub-national finance regulation, this book offers an understanding of future institutional arrangements.
ISBN: 9780198934257
Dimensions: unknown
Weight: unknown
384 pages
2nd Revised edition