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This book extensively examines various contemporary macroeconomic themes of India, namely growth and macro policies, tax reforms, government finances and intergovernmental fiscal transfers, banking and monetary policy, and environment and social sector policies. It has three to six chapters devoted to each of these broad themes, with the contributors being eminent economists from the region. The book serves as an excellent reference for students in economics, finance, and management, and a valuable tool for professionals such as policymakers and investment analysts and other stakeholders in the areas of global economics and finance, in general, and India in particular.
Excerpt from the Foreword:
"This book examines various contemporary macroeconomic themes of India: growth and macro policies, fiscal reforms, government finances and intergovernmental fiscal transfers, banking and monetary policy, and environmental and social sector policies. Forty-four eminent economists who have had the privilege of working with and learning from Dr. C. Rangarajan have contributed 25 chapters.
I am sure that this book will serve as an excellent reference for professionals such as policymakers and financial analysts, students, and other stakeholders interested in the field of economics and finance."
- Dr. Manmohan Singh, Former Prime Minister of India and eminent economist
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D.K. Srivastava is a noted economist and currently the chief policy advisor, Ernst & Young India. He is also an honorary professor at Madras School of Economics, Chennai, India, and was a member of the Advisory Council to the 15th Finance Commission of India. He was also a professor of National Institute for Public Finance and Policy (NIPFP), Delhi, India, and has published many books including 'Development and Public Finance: Essays in Honour of Raja J. Chelliah' (co-edited, 2005), 'Federalism and Fiscal Transfers in India' (co-edited, 2011), and 'Environment and Fiscal Reforms in India' (co-edited, 2014).
K.R. Shanmugam is Professor at, and Director of Madras School of Economics, Chennai, India. He has six books (the latest one in 2019 with Springer, co-authored) and numerous journal articles to his credit on topics of his research interest such as public finance, corporate finance, macroeconomic models, applied economics, economics of human resource and environmental economics.
