All existing monetary unions centralise, to various degrees, specific social policy functions, notably functions that support economic stabilization, like unemployment insurance. The European Monetary Union features as the only exception. Compared to the United States, the European Monetary...

This book extensively examines various contemporary macroeconomic themes of India, namely growth and macro policies, tax reforms, government finances and intergovernmental fiscal transfers, banking and monetary policy, and environment and social sector policies. It has three to six chapters...