Monetary policy in a globalized economy: a practitioner's view Mohan, Rakesh

By:

Mohan, Rakesh

Series: Oxford collected essaysPublication details: New Delhi Oxford University Press 2009Description: xx, 328 pISBN:

9780195697353

Subject(s):

DDC classification:

332.4973

Summary: As a result of comprehensive but gradual and calibrated reforms, India's financial sector has undergone a transition from the highly controlled and repressed regime of the early 1990s to one that is increasingly market-based. A similar regime shift has characterized the conduct of monetary policy and operations in India. The reforms have contributed to a noteworthy acceleration in growth. Most importantly, unlike many other economies, financial stability has been maintained even as there has been a significant opening of the economy. Over the past decade, interest in the conduct of monetary policy and in the regulation and supervision of the financial sector has attracted global attention. This volume focuses on the evolution of banking and finance and the role of central banking. It provides the perspective of a practicing central banker on a range of topical issues relating to the conduct of monetary policy and management of the financial sector. The impact of the ongoing global financial crisis on India and the policy responses are also discussed. (Source: www.oup.com)

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Item type	Current library	Call number	Status	Date due	Barcode	Item holds
Book	Ahmedabad	332.4973 M6M6 (Browse shelf(Opens below))	Available		168506

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Previous	332.4973 F7G5 Global transmission of interest rates: monetary independence and currency regime	332.4973 G8H6 How credit-money shapes the economy the United States in a global system	332.4973 M2E6 The end of banking: money, credit, and the digital revolution	332.4973 M6M6 Monetary policy in a globalized economy: a practitioner's view	332.4973 P7D6 The dollar trap: how the U.S. dollar tightened its grip on global finance

As a result of comprehensive but gradual and calibrated reforms, India's financial sector has undergone a transition from the highly controlled and repressed regime of the early 1990s to one that is increasingly market-based. A similar regime shift has characterized the conduct of monetary policy and operations in India. The reforms have contributed to a noteworthy acceleration in growth. Most importantly, unlike many other economies, financial stability has been maintained even as there has been a significant opening of the economy. Over the past decade, interest in the conduct of monetary policy and in the regulation and supervision of the financial sector has attracted global attention. This volume focuses on the evolution of banking and finance and the role of central banking. It provides the perspective of a practicing central banker on a range of topical issues relating to the conduct of monetary policy and management of the financial sector. The impact of the ongoing global financial crisis on India and the policy responses are also discussed. (Source: www.oup.com)

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