This paper brings analytical economics to bear on some of the central economic policy challenges faced by contemporary India; monetary policy for controlling inflation, central bank exchange rate interventions and fiscal policy for promoting growth. Government, by giving orchestrated guarantees...

Since the turn of the 21st century, the global economy has faced several significant financial crises such as the monetary mismanagements of the EURO Zone countries struggling with sovereign debt problems, the Global Financial Crisis between 2007 and 2009 preceded by the housing market collapse,...