Beschreibung:
While offering many growth-enhancing opportunities, India's ever-increasing integration with the world economy has given rise to a host of new challenges in managing the economy. This book provides an up-to-date empirical assessment of some of India's crucial policy challenges pertaining to its monetary and external sector management.
Preface and IntroductionAcknowledgements1. Macroeconomic Overview of the Indian Economy2. Effectiveness of Monetary Policy in India: The Interest Rate Pass-through Channel3. Understanding Exchange Rate and Reserve Management in India Estimating4. Impact of Exchange Rate Pass-through to Inflation in India5. Rupee Movements and India's Trade Balance: Exploring the Existence of a J-Curve6. External Financing in India: Sources and Types of Foreign Direct Investment (FDI)