000			03095nam a22002297a 4500
003			OSt
005			20250310042344.0
008			240905b |||||||| |||| 00| 0 eng d
020			_a9780198089230
040			_c.
082			_a332.11 _bMOH
100			_aMohan, Rakesh
245			_aGrowth with financial stability: _bcentral banking in an emerging market / _cby Rakesh Mohan
260			_aNew Delhi: _bOxford University Press, _c2011
300			_a499p.; _c25cm.
505			_aTables, Figures, and Annexes Preface Introduction I Indian Economic Growth: The Record 1. The Growth Record of the Indian Economy: A Story of Sustained Savings and Investment 2. Sustaining Growth with Stability in India: The Role of Fiscal and Monetary Policies 3. Innovation and Growth: Role of the Financial Sector II Growth and the Financial Sector 4. Development of Banking and Financial Markets in India: Fostering Growth while Containing Risk 5. Development of the Indian Debt Market (with Partha Ray) 6. Financial Inclusion in India: A Glass Half Empty or Three Quarters Full? III Issues in Monetary Policy 7. Communication in Central Banks: A Perspective 8. Managing the Impossible Trinity: Volatile Capital Flows and Indian Monetary Policy (with Muneesh Kapur) IV The Global Financial Crisis 9. Liberalization and Regulation of Capital Flows: Lessons for Emerging Market Economies (with Muneesh Kapur) 10. The Global Financial Crisis: Causes, Impact, Policy Responses, and Lessons 11. Emerging Contours of Financial Regulation: Challenges and Dynamics V The Way Ahead 12. Economic Reforms in India: Where Are We and Where Do We Go Index
520			_aCover Growth with Financial Stability Central Banking in an Emerging Market Rakesh Mohan Description It is widely believed that the Indian economy witnessed near stagnation in real GDP growth from Independence till the late 1970s. Challenging this notion, the collection of papers and speeches in this volume provides fresh perspectives on India's growth experience from Independence to the recent global financial crisis. This volume documents how the conduct of Indian monetary and financial policy has been unorthodox by the standards of extant international conventional wisdom, but appropriate to the macroeconomic and structural conditions prevailing in India. With a focus on growth drivers and financial stability, the volume deals with a wide-range of issues: growth of manufacturing and service sectors, role of policies (monetary, fiscal, financial market and sector, external sector), urban infrastructure investment, public service delivery, role of central banks, and the interaction between international finance and monetary policy. Drawing upon the post-reform experience and the global crisis, the volume takes stock of current challenges and suggests strategies to sustain long-term double-digit growth rates. ---provided by publisher
650			_aFinancial institutions India History 20th century
650			_aIndia Economic conditions 1947-
650			_aIndia Economic policy 1947-
942			_2ddc _cBK
999			_c1332 _d1332