India's Recent Macroeconomic Performance : An Assessment and Way Forward /

The macroeconomic policy response in India after the North Atlantic financial crisis (NAFC) was rapid. The overshooting of the stimulus and its gradual withdrawal sowed seeds for inflationary and BoP pressures and growth slowdown, then exacerbated by domestic policy bottlenecks and volatility in int...

Disgrifiad llawn

Manylion Llyfryddiaeth
Prif Awdur: Kapur, Muneesh
Awduron Eraill: Mohan, Rakesh
Fformat: Cylchgrawn
Iaith:English
Cyhoeddwyd: Washington, D.C. : International Monetary Fund, 2014.
Cyfres:IMF Working Papers; Working Paper ; No. 2014/068
Mynediad Ar-lein:Full text available on IMF
Disgrifiad
Crynodeb:The macroeconomic policy response in India after the North Atlantic financial crisis (NAFC) was rapid. The overshooting of the stimulus and its gradual withdrawal sowed seeds for inflationary and BoP pressures and growth slowdown, then exacerbated by domestic policy bottlenecks and volatility in international financial markets during mid-2013. Appropriate domestic oil prices and fiscal consolidation will contribute to the recovery of private sector investment. Fiscal consolidation would also facilitate a reduction in inflation, which would moderate gold imports and favorably impact real exchange rate and current account deficit.
Disgrifiad o'r Eitem:<strong>Off-Campus Access:</strong> No User ID or Password Required
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Disgrifiad Corfforoll:1 online resource (66 pages)
Fformat:Mode of access: Internet
ISSN:1018-5941
Mynediad:Electronic access restricted to authorized BRAC University faculty, staff and students