Macroeconomics and Markets in India

Macroeconomics and Markets in India
Author :
Publisher : Routledge
Total Pages : 0
Release :
ISBN-10 : 1138817430
ISBN-13 : 9781138817432
Rating : 4/5 (30 Downloads)

Synopsis Macroeconomics and Markets in India by : Ashima Goyal

India was one of the better performers after the global financial crisis, and has done well despite opening out in a period of great international volatility. This book asks if this was due to luck or to good management. It was previously published as a special issue of Macroeconomics and Finance in Emerging Market Economies.

Macroeconomics and Markets in India

Macroeconomics and Markets in India
Author :
Publisher : Routledge
Total Pages : 184
Release :
ISBN-10 : 9781317978688
ISBN-13 : 1317978684
Rating : 4/5 (88 Downloads)

Synopsis Macroeconomics and Markets in India by : Ashima Goyal

India was one of the better performers after the global financial crisis, and has done well despite opening out in a period of great international volatility. This book asks if this was due to luck or to good management. How much did macroeconomic policy contribute and did it do as much as it could have, on a reform path that was not standard? Are there any lessons from the Indian experience for the rest of the world? Senior Indian policy economists, market participants, and researchers address these interesting and important questions. There are those who think financial reform has gone too fast - relaxations in foreign borrowing norms exposed firms to external shocks. Volatile capital flows impacted markets, although more liberalization of risk-sharing equity compared to debt flows, was effective in reducing domestic risk. But there are also those who think reform was too slow - choking financial development: many markets and instruments that could improve domestic financial intermediation and reduce risk were held back. Analysis suggests policy was able to find the correct timing, pace and combination of reforms and of caution, but improvement is always possible. Luck and inherent strengths of the economy helped absorb both policy mistakes and external shocks. This book was originally published as a special issue of Macroeconomics and Finance in Emerging Market Economies.

Macroeconomics and Markets in Developing and Emerging Economies

Macroeconomics and Markets in Developing and Emerging Economies
Author :
Publisher : Routledge
Total Pages : 331
Release :
ISBN-10 : 9781315398563
ISBN-13 : 1315398567
Rating : 4/5 (63 Downloads)

Synopsis Macroeconomics and Markets in Developing and Emerging Economies by : Ashima Goyal

The book presents and further develops basic principles and concepts in international finance and open economy macroeconomics to make them more relevant for emerging and developing economies (EDEs). The volume emphasises the necessity of greater knowledge of context as populous Asian economies integrate with world markets, as well as the rapidly changing nature of the area due to rethinking after the global financial crisis. It addresses a host of themes, including key issues such as exchange rate economics, macroeconomic policy in an open economy, analytical frameworks for and experience of EDEs after liberalisation, the international financial system, currency and financial crises, continuing risks and regulatory response. This book will be useful to scholars and researchers of economics, especially in macroeconomics, business and finance and development studies.

India's Long Road

India's Long Road
Author :
Publisher : Oxford University Press
Total Pages : 361
Release :
ISBN-10 : 9780190610135
ISBN-13 : 0190610131
Rating : 4/5 (35 Downloads)

Synopsis India's Long Road by : Vijay Joshi

"India's surge in high, well-sustained economic growth captured the world's attention for much of the period from the 1990s to the early 2010s. Often paired with China as being at the leading edge of emerging economies, the last few years have witnessed shortfalls in India's performance, which have also occurred in the cases of other "BRICS," namely, Brazil, Russia, and South Africa. India is now facing a possible fiscal crisis, higher inflation, greater concentration of economic wealth, and a slowdown in productivity. While its business sector remains vigorous, the Indian state has not yet found a viable way to fund food subsidies or come to grips with the costs of its employment guarantee program. Corruption also hinders growth at many turns. All these factors bring into question how feasible or wise it is for India to pursue a path toward global political power rather than concentrate on improved economic engagement worldwide. Dr. Joshi believes India's economic problems are serious and systemic, not a temporary blip. His analysis sets forth that the only way the country can truly prosper is to find the means to return to the earlier levels of growth through massive economic reform. This policy reorientation calls for eliminating price controls as well as both explicit and hidden subsidies to industries, introduction of direct cash transfers to the poor in place of the state's own costly production of goods and services, and an aggressive move toward privatization rather than over-reliance on family firms and widely-held corporations. Without these, the requisites of economic stability cannot be fully established, let alone propel significant growth"--

Behavioral Finance and Decision-making Models

Behavioral Finance and Decision-making Models
Author :
Publisher : Business Science Reference
Total Pages : 0
Release :
ISBN-10 : 1522574018
ISBN-13 : 9781522574019
Rating : 4/5 (18 Downloads)

Synopsis Behavioral Finance and Decision-making Models by : Tripti Tripathi

Behavioral finance challenges the traditional assumption that individuals are rational by focusing on the cognitive and emotional aspects of finance, which draws on psychology, sociology, and biology to investigate true financial behavior. The financial sector requires sound understanding of market dynamics and strategic issues to meet future challenges in the field. Behavioral Finance and Decision-Making Models seeks to examine behavioral biases and their impact on investment decisions in order to develop better future plans and strategies in the financial sector. While highlighting topics including behavioral approach, financial regulation, and globalized sector, this book is intended for policymakers, technology developers, managers, government officials, academicians, researchers, and advanced-level students.

Critique of the New Consensus Macroeconomics and Implications for India

Critique of the New Consensus Macroeconomics and Implications for India
Author :
Publisher : Springer
Total Pages : 426
Release :
ISBN-10 : 9788132239208
ISBN-13 : 8132239202
Rating : 4/5 (08 Downloads)

Synopsis Critique of the New Consensus Macroeconomics and Implications for India by : Dilip M. Nachane

The thought-provoking book presents alternative viewpoints to mainstream macroeconomic theory, questions conventional policy wisdom and suggests a systematic re-orientation of current macroeconomic and financial regulatory policies in India. The New Consensus Macroeconomics (NCM), which established itself in the 1980s as mainstream macroeconomics, essentially represents an “uneasy truce” between two dominant schools of economic thought viz. New Classical and Neo-Keynesian economics. The NCM sets the tone for much of the macroeconomic (especially monetary) policy followed by the advanced economies in the period of the Great Moderation (1990–2005). The recent global crisis has posed a major challenge to the NCM as empirical models based on the NCM failed to anticipate the occurrence of the crisis and later its extent and severity. The above considerations constitute the underpinnings of this book, which addresses the theoretical controversies within a general context and their policy implications for India. The authors’ analysis leads to a somewhat critical assessment of the financial sector policies followed in India since the initiation of reforms in 1991. This makes the book a valuable resource not only for researchers working in this area, but also for policy makers.

INDIAN ECONOMY A MACRO-THEORETIC ANALYSIS

INDIAN ECONOMY A MACRO-THEORETIC ANALYSIS
Author :
Publisher : PHI Learning Pvt. Ltd.
Total Pages : 269
Release :
ISBN-10 : 9788120352445
ISBN-13 : 8120352440
Rating : 4/5 (45 Downloads)

Synopsis INDIAN ECONOMY A MACRO-THEORETIC ANALYSIS by : CHANDANA GHOSH

India is an open economy, and the dynamics of it can be witnessed from the inflation and deflation of the rupee value in the market. This comprehensive book on Indian Economy shows how it behaves, and how its parameters are weighed and analyzed vis-à-vis the macroeconomic theories. This book attempts to make a more complete and clearer presentation of the basic models of macroeconomics principles, and their effect on India’s current economic conditions. International Monetary Fund (IMF) thrusted upon New Economic Policy in India, which aims at leaving the allocation of resources entirely to the market forces deriving its rationale from neoclassical macroeconomics. This neoclassical macroeconomics is dealt with in a proper perspective in the book. Part I presents the basic models of open economy macroeconomics, and Part II applies them to explain India’s recent macroeconomic performance. The book also assesses India’s current fiscal policy, monetary policy and the policy of forcible land acquisition for promotion of modern industry. The book is designed as a reference for the undergraduate and postgraduate students of Economics

Why Growth Matters

Why Growth Matters
Author :
Publisher : PublicAffairs
Total Pages : 255
Release :
ISBN-10 : 9781610392723
ISBN-13 : 1610392728
Rating : 4/5 (23 Downloads)

Synopsis Why Growth Matters by : Jagdish Bhagwati

In its history since Independence, India has seen widely different economic experiments: from Jawharlal Nehru's pragmatism to the rigid state socialism of Indira Gandhi to the brisk liberalization of the 1990s. So which strategy best addresses India's, and by extension the world's, greatest moral challenge: lifting a great number of extremely poor people out of poverty? Bhagwati and Panagariya argue forcefully that only one strategy will help the poor to any significant effect: economic growth, led by markets overseen and encouraged by liberal state policies. Their radical message has huge consequences for economists, development NGOs and anti-poverty campaigners worldwide. There are vital lessons here not only for Southeast Asia, but for Africa, Eastern Europe, and anyone who cares that the effort to eradicate poverty is more than just good intentions. If you want it to work, you need growth. With all that implies.

Macroeconomics

Macroeconomics
Author :
Publisher :
Total Pages : 0
Release :
ISBN-10 : 1292360917
ISBN-13 : 9781292360911
Rating : 4/5 (17 Downloads)

Synopsis Macroeconomics by : Olivier Blanchard

This print textbook is available for students to rent for their classes. The Pearson print rental program provides students with affordable access to learning materials, so they come to class ready to succeed. For intermediate courses in economics. A unified view of the latest macroeconomic events In Macroeconomics, Blanchard presents an integrated, global view of macroeconomics, enabling students to see the connections between goods markets, financial markets, and labor markets worldwide. Organized into two parts, the text contains a core section that focuses on short-, medium-, and long-run markets and two major extensions that offer more in-depth coverage of the issues at hand. From the major economic crisis that engulfed the world in the late 2000s, to monetary policy in the US, to the problems of the Euro area, and growth in China, the text helps students make sense not only of current macroeconomic events but also of those that may unfold in the future. Integrated, detailed boxes in the 8th Edition have been updated to convey the life of macroeconomics today, reinforce lessons from the models, and help students employ and develop their analytical and evaluative skills. Also available with MyLab Economics By combining trusted author content with digital tools and a flexible platform, MyLab personalizes the learning experience and improves results for each student.

India

India
Author :
Publisher : World Bank Publications
Total Pages : 420
Release :
ISBN-10 : 082132652X
ISBN-13 : 9780821326527
Rating : 4/5 (2X Downloads)

Synopsis India by : Vijay Joshi

Presents a history of India's macroeconomy and recent developments in its political economy. Valuable lessons from India's stabilization policies explain how structural adjustment can also benefit long-term growth in the subcontinent. This analysis looks at various government policies that have influenced imports and exports, national investment and savings, gross national and domestic product, and the balance of payments. It specifically examines the degree to which stabilization has reformed agriculture and industry and has improved the relationship between the public and private sectors. A brief introduction to the Indian economy is given, and India's basic economic controls are reviewed. These include the government's national budget and its regulation of prices, production, investment, interest rates, and credit allocation. Also discussed are recent trends in investment and public spending.