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Item Details
Title: MACROECONOMIC MANAGEMENT AND GOVERNMENT FINANCE
By: Asian Development Bank
Format: Hardback

List price: £26.99


We currently do not stock this item, please contact the publisher directly for further information.

ISBN 10: 0195699475
ISBN 13: 9780195699470
Publisher: OUP INDIA
Pub. date: 2 April, 2009
Pages: 426
Description: The volume consisting of seven papers, start with a bird's eye view of the growth experience in recent years. It proceeds to explore the composition of government budgets to examine the nature of fiscal imbalances and the nature of financial sector reforms in India and the current state of the financial system.
Synopsis: In the late 1980s, India seemed to have finally broken the shackles of the Hindu rate of growth. The reforms process begun in the early 1990s put the economy on a high growth trajectory, or did it? From the late 1990s, again the growth process faltered and then picked up momentum. While the latest Economic Survey is correct in stating that the economy has moved "decisively" to a higher growth phase, it is yet too premature to say what a sustainable growth rate in the near future is going to look like. This volume written by experts in this field provides a bird's eye view of the growth experience in recent years.The essays start with a discussion on the growth experience in recent years. Then the composition of the government budgets is explored in some detail to examine the nature of fiscal imbalances. Since the generation of additional savings and channelling of savings into investment is a critical element in the whole process of growth, two essays deal with the nature of financial sector reforms in India and the current state of the financial system. The volume concludes with two essays examining the question of macroeconomic management in an open economy
Illustrations: Illustrations
Publication: India
Imprint: OUP India
Returns: Returnable
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