Managing the macroeconomy : monetary and exchange rate issues in India

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Managing the macroeconomy : monetary and exchange rate issues in India

Ramkishen S. Rajan and Venkataramana Yanamandra

Palgrave Macmillan, 2015

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Includes bibliographical references and index

Description and Table of Contents

Description

While offering many growth-enhancing opportunities, India's ever-increasing integration with the world economy has given rise to a host of new challenges in managing the economy. This book provides an up-to-date empirical assessment of some of India's crucial policy challenges pertaining to its monetary and external sector management.

Table of Contents

Preface and Introduction Acknowledgements 1. Macroeconomic Overview of the Indian Economy 2. Effectiveness of Monetary Policy in India: The Interest Rate Pass-through Channel 3. Understanding Exchange Rate and Reserve Management in India Estimating 4. Impact of Exchange Rate Pass-through to Inflation in India 5. Rupee Movements and India's Trade Balance: Exploring the Existence of a J-Curve 6. External Financing in India: Sources and Types of Foreign Direct Investment (FDI)

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