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This paper assesses the condition and outlook of the financial sectors—in particular, the banking sector—in the … East Asia region in the aftermath of the current global financial crisis. The risks in the banking systems in East Asia are …
Persistent link: https://www.econbiz.de/10004981656
Establishing a debt management office would consolidate all debt management functions in a single agency, and be the catalyst for wider institutional reform and transparency about public debt. It is internationally accepted best practice that debt management should be disaggregated from monetary...
Persistent link: https://www.econbiz.de/10004969057
This paper uses the standard one-sector neoclassical growth model to investigate why China’s consumption has been low and investment high. This paper looks into the role played by the financial sector in the growth process of China and India. [WP No. 224].
Persistent link: https://www.econbiz.de/10005487777
Economic stability can be seen as an essential component of any strategy for inclusive development. To the extent that central banks play a role in providing that stability, the experience of the crisis has led to considerable thinking and debate on its implications for central bank mandates,...
Persistent link: https://www.econbiz.de/10008764340
The Reserve Bank of India, in its Annual Policy Statement on April 28, 2005, for the year 2005-06, announced its intention to reorient government debt management operations entailing functional separation between debt management and monetary operations within RBI. This first step initiating the...
Persistent link: https://www.econbiz.de/10005487587
This paper outlines a proposal for a controlled approach to capital account liberalization for economies experiencing large capital inflows. The proposal essentially involves securitizing a portion of capital inflows through closed-end mutual funds that issue shares in domestic currency, use the...
Persistent link: https://www.econbiz.de/10005699285
This paper analyses the impact of domestic and external shocks on the Indian economy. A macro-modelling framework is developed that evaluates the impact of two domestic shocks (rainfall shortfall and fiscal profligacy) and three external shocks (oil price hike, world trade shock and capital flow...
Persistent link: https://www.econbiz.de/10009319321
The scope for bancassurance models as feasible source of sustainable income to banking sector is explored by exploiting … the synergy in the context of India having the largest banking network on the one hand and lower insurance penetration and …
Persistent link: https://www.econbiz.de/10005487897
Evolution of the financial sector regulation in India, particularly focusing on the elements of the policy framework which have contributed to the broader stability in the financial sector is depicted here. Perspectives on some of the key issues in the current debate on future of financial...
Persistent link: https://www.econbiz.de/10008512440
Until banking sector reforms were introduced in India in 1991, the emphasis in the credit provision through formal … banking system was to meet the targets at the expense of the quality of credit and viability of the banking system. The … sectors. At the same time, banks were asked not to neglect the viability of the banking system. This paper examines the impact …
Persistent link: https://www.econbiz.de/10005528371