Reforming India's External, Financial, and Fiscal Policies
Anne O Krueger editor Sajjid Z Chinoy editor
Format:Hardback
Publisher:Stanford University Press
Published:30th Jul '03
Currently unavailable, and unfortunately no date known when it will be back
A traditionally conservative country in financial matters, India enacted a series of reforms in response to its balance of payments crisis in the early 1990s. But since then only halting progress has been made, raising concerns about India’s rising fiscal deficit, inefficiencies in its financial system, and its still relatively closed economy.
This book analyzes some of the complex issues currently facing the Indian economy. Looking at India in the international economy, the first section examines reforms of policies toward trade and capital inflows, including issues in exchange rate policy and international business prospects. The second section addresses banking and financial markets, tracking the reforms to date and establishing the need for upgraded technology. The final section compares India's fiscal performance with that of other developing countries, highlighting worrying trends, and presents concrete policy recommendations to advance Indian reforms.
"This volume brings under intensive analysis the critical dimensions of Indian economic reform. The messages emanating from the essays will be very valuable for policymakers and scholars in identifying the strengths and weaknesses of the various measures taken so far and the remaining gaps and deficiencies." -A. Bagchi,National Institute of Public Finance and Policy, New Delhi
ISBN: 9780804747752
Dimensions: unknown
Weight: 522g
272 pages