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Five Years of Leading the Reserve Bank: Looking Ahead by Looking Back
Subbarao, Duvvuri - eSocialSciences - 2013
This Tenth Nani A. Palkhivala Memorial lecture lecture centres around the role and responsibility of a central bank in a democratic structure. Central banks make macroeconomic policy that influences the everyday life of people; yet they are managed by unelected officials appointed by the...
Persistent link: https://www.econbiz.de/10011133257
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Political Economy of Transition from Manmohanomics to Modinomics
Mazumdar, Surajit - eSocialSciences - 2014
great inequality which also eventually resulted in slowing down of investment and growth and other problems like inflation …
Persistent link: https://www.econbiz.de/10011133285
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Creative Budgeting or Actual Deficit Reduction? The case of FRBM Act
Mazumdar, Surajit - eSocialSciences - 2014
The FRBM Act was reflective of the shared commitment across political parties towards fiscal conservatism. A decade later, the picture, as reflected in the Union Budget, is yet to change for the better. And given the interests that the current Government represents, a real departure from the...
Persistent link: https://www.econbiz.de/10010945244
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Statement by Dr. Raghuram Rajan
Badkar, Sabeeta - eSocialSciences - 2013
Statement by Dr. Raghuram Rajan on taking office on September 4, 2013. [RBI Press release].
Persistent link: https://www.econbiz.de/10010945264
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The Challenge of Food Inflation
Subbarao, Duvvuri - eSocialSciences - 2011
The trends in food inflation over the past 60 years are given. Having thus set the context, the factors driving … structural food inflation, which should give us a perspective of the underlying dynamics and the nature of the challenge are also … brought out. The policy measures for addressing the challenge of food inflation on a durable basis are outlined. The role of …
Persistent link: https://www.econbiz.de/10009370974
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Global Financial Crisis: Causes, Consequences and India’s Prospects
Mohan, Rakesh - eSocialSciences - 2009
Presentation shows the global financial crisis, the difference between US, Europe and India, RBI’s policy response and impact, lessons from the crisis, medium-term issues and challenges. [Speech delivered at London Business School].
Persistent link: https://www.econbiz.de/10005000243
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Impact of Monetary Policy Changes in a Semi-Global Economy: Evidence from Bangladesh
Younus, Sayera - eSocialSciences - 2009
The study examines the impact of changes in monetary policy in Bangladesh. Specifically, the study examines the impact of domestic and foreign monetary shocks on Bangladesh’s major economic aggregates.In the context of a semi-global economy such as Bangladesh, the conduct of monetary...
Persistent link: https://www.econbiz.de/10005004083
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Monetary Policy, Forex Markets and Feedback Under Uncertainity in an Opening Economy
Goyal, Ashima; Nair, R Ayyappan; Samantaraya, Amaresh - eSocialSciences - 2009
Options for monetary policy arising from interactions between it and Indian foreign exchange (FX) markets. A brief survey covers recent rapid changes providing a snapshot of current microstructure, and of monetary policy institutions. The survey brings out the growing links between money and FX...
Persistent link: https://www.econbiz.de/10005077865
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Exchange Market Pressure and Monetary Policy
Younus, Sayera - eSocialSciences - 2010
The objective of this study is to examine empirically the impact of monetary policy on exchange market pressure (EMP) in Bangladesh. EMP is measured as the sum of percentage change of international reserves scaled by the monetary base and nominal exchange rate appreciation.Domestic credit, the...
Persistent link: https://www.econbiz.de/10008543092
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The Difficulties of the Chinese and Indian Exchange Rate Regimes
Shah, Ajay; Patnaik, Ila - eSocialSciences - 2009
China and India have both attempted distorting the exchange rate in order to foster exports-led growth. This is described as the Bretton Woods II framework, where developing countries buy bonds in the US and keep undervalued exchange rates, in order to foster export-led growth. The costs and...
Persistent link: https://www.econbiz.de/10008543130