1.

Record Nr.

UNINA9910779268203321

Autore

Callen Tim

Titolo

India at the Crossroads -- Sustaining Growth and Reducing Poverty / / Tim Callen, Christopher Towe, Patricia Reynolds

Pubbl/distr/stampa

Washington, D.C. : , : International Monetary Fund, , 2001

ISBN

1-4552-6503-9

1-4552-9619-8

1-283-53697-8

9786613849427

1-4552-4768-5

Descrizione fisica

1 online resource (203 p.)

Altri autori (Persone)

ToweChristopher

ReynoldsPatricia

Disciplina

330.954

Soggetti

Fiscal policy - India

Sustainable development - India

Exports and Imports

Inflation

Macroeconomics

Public Finance

Industries: Financial Services

Current Account Adjustment

Short-term Capital Movements

Debt

Debt Management

Sovereign Debt

Pension Funds

Non-bank Financial Institutions

Financial Instruments

Institutional Investors

Price Level

Deflation

International Investment

Long-term Capital Movements

International economics

Public finance & taxation

Finance

Budgeting & financial management

Public debt



Financial institutions

Balance of payments

Prices

Debts, Public

Mutual funds

Capital movements

India Economic conditions 1947-

India Economic policy 1980-1991

India Economic policy 1991-

India

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Note generali

Description based upon print version of record.

Nota di bibliografia

Includes bibliographical references.

Nota di contenuto

""Contents""; ""Foreword""; ""Acknowledgments""; ""1. Overview Christopher Towe""; ""PART I. Preserving External Stability""; ""2. India and the Asia Crisis Christopher Towe""; ""3. Assessing India's External Position Tim Callen and Paul Cashin""; ""PART II. Fiscal Challenges""; ""4. Tax Smoothing, Financial Repression, and Fiscal Deficits in India Paul Cashin, Nilss Olekalns, and Ratna Sahay""; ""5. Fiscal Adjustment and Growth Prospects in India Patricia Reynolds""; ""PART III. Monetary and Financial Sector Policies""; ""6. Modeling and Forecasting Inflation in India Tim Callen""

""7. The Unit Trust of India and the Indian Mutual Fund Industry Anna llyina""""PART IV. Growth, Poverty, and Structural Policies""; ""8. Growth Theory and Convergence Across Indian States: A Panel Study Shekhar Aiyar""; ""9. Structural Reform in India Daniel Kanda, Patricia Reynolds, and Christopher Towe""; ""List of Contributors""

Sommario/riassunto

The authors examine the numerous structural and policy changes Indian authorities have adopted since the 1991 balance of payments crisis; how these changes helped India weather the Asian financial crisis of 1997-98; the risks to fiscal sustainability and their implications for growth; the challenges facing monetary policy in the face of financial market liberalization; and the benefits of structural reform and fiscal policy for growth, poverty, and the reduction of regional disparities.