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Zusatztext Rakesh Mohan's Growth with Financial Stability offers a balanced analysis of the monetary and financial policies followed by the RBI and the government, particularly in the post-reform period and during the recent global financial crisis. It also gives a good exposition of RBI's way of thinking as the author was part of the establishment when these policies were formulated and implemented. This volume is essential reading for students, researchers and policy-makers, and all those interested in monetary and financial policies and economic growth. Informationen zum Autor Rakesh Mohan is Professor in the Practice of International Economics and Finance, Yale School of Management. He is also Senior Fellow, Jackson Institute of Global Affairs, Yale University; and is also the Chairman, National Transport Development Policy Committee, Government of India. Klappentext This collection provides an overview of India's growth experience from Independence to the recent global financial crisis from the perspective of financial economics. With a focus on growth drivers and financial stability, the volume analyses both macroeconomic and microeconomic policy reforms and suggests strategies for the future. Zusammenfassung This collection provides an overview of India's growth experience from Independence to the recent global financial crisis from the perspective of financial economics. With a focus on growth drivers and financial stability, the volume analyses both macroeconomic and microeconomic policy reforms and suggests strategies for the future. Inhaltsverzeichnis Tables, 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 ...
