of the Indian economy, capital flows to India have moved in tandem with broad global trends. This paper looks at the … extent to which India?s monetary policy has been affected by the ebbs and flows of the capital it receives. For ease of …

of the U.S. central bank reducing its security purchases, had a sharp negative impact on emerging markets. India was … toward a financial crisis. This paper contends that India was adversely impacted because it had received large capital flows … rebalance away from emerging markets. In addition, India's macroeconomic conditions had weakened in prior years, which rendered …