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The Role of Fiscal and Monetary Policies in Sustaining Growth with Stability in India

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  • Rakesh Mohan
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    Abstract

    This paper focuses on the role of fiscal and monetary policies in the evolution of the Indian economy over the years, with particular attention being given to the reforms undertaken in these policies since the early 1990s. [Sixth Asian Economic Policy Review Conference, Tokyo].

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    Bibliographic Info

    Paper provided by eSocialSciences in its series Working Papers with number id:1778.

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    Date of creation: Nov 2008
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    Handle: RePEc:ess:wpaper:id:1778

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    Related research

    Keywords: Indian economy; reforms; fiscal; monetary policy; policies; sustaining growth; stability; macroeconomic; savings; investment; east asian financial crisis; GDP; inflation; economic growth;

    References

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    1. M. Govinda Rao & R. Kavita Rao, 2005. "Trends and Issues in Tax Policy and Reform in India," India Policy Forum, Global Economy and Development Program, The Brookings Institution, Global Economy and Development Program, The Brookings Institution, vol. 2(1), pages 55-122.
    2. Laurence Ball & Niamh Sheridan, 2003. "Does Inflation Targeting Matter?," NBER Working Papers 9577, National Bureau of Economic Research, Inc.
    3. Arminio Fraga & Ilan Goldfajn & Andre Minella, 2003. "Inflation Targeting in Emerging Market Economies," NBER Working Papers 10019, National Bureau of Economic Research, Inc.
    4. Alan S. Blinder & Michael Ehrmann & Marcel Fratzscher & Jakob de Haan & David-Jan Jansen, 2008. "Central Bank Communication and Monetary Policy: A Survey of Theory and Evidence," DNB Working Papers, Netherlands Central Bank, Research Department 170, Netherlands Central Bank, Research Department.
    5. Claudio Borio & Ilhyock Shim, 2007. "What can (macro-)prudential policy do to support monetary policy?," BIS Working Papers 242, Bank for International Settlements.
    6. William R. White, 2004. "Are changes in financial structure extending safety nets?," BIS Working Papers 145, Bank for International Settlements.
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    Cited by:
    1. Truong Nguyen, 2013. "Estimating India's Fiscal Reaction Function," ASARC Working Papers, The Australian National University, Australia South Asia Research Centre 2013-05, The Australian National University, Australia South Asia Research Centre.

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