Год выпуска: 2011 Автор: Amaresh Samantaraya Издательство: LAP Lambert Academic Publishing Страниц: 112 ISBN: 9783843387415
Описание
The outbreak of the global financial crisis, triggered by the US sub-prime mortgage crisis, has brought several issues related to monetary policy to the forefront. Unlike wider awareness about monetary policy in the United States and the Europe, the world is not well read about similar experiences in an emerging economy like India. This book is primarily a humble contribution to spread awareness about monetary policy in India, which presents a successful story, of achieving high growth rates with largely stable prices for last three decades. Beginning with an analytical review of evolution of monetary policy in India, this book highlights various empirical issues related to the impact of monetary policy on the economy. It explores dynamics of monetary transmission mechanism by introducing a ‘synthetic framework'' to the literature as also examines key issues related to the current operating procedure of monetary policy, before drawing up policy implications for...
