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India's Recent Macroeconomic Performance: An Assessment and Way Forward

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by Muneesh Kapur & Rakesh Mohan
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India's Recent Macroeconomic Performance: An Assessment and Way Forward by Muneesh Kapur & Rakesh Mohan

The macroeconomic policy response in India after the North Atlantic financial crisis (NAFC) was rapid. The overshooting of the stimulus and its gradual withdrawal sowed seeds for inflationary and BoP pressures and growth slowdown, then exacerbated by domestic policy bottlenecks and volatility in international financial markets during mid-2013. Appropriate domestic oil prices and fiscal consolidation will contribute to the recovery of private sector investment. Fiscal consolidation would also facilitate a reduction in inflation, which would moderate gold imports and favorably impact real exchange rate and current account deficit.

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Ebook Details
Pages: 66
Size: 3.6 MB
Date published:   2014
ISBN: 9781475516838 (DRM-EPUB)

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This product is listed in the following categories:

Nonfiction > Business & Economics > Finance
Nonfiction > Business & Economics > Inflation

These authors have products in the following categories:

Nonfiction > Business & Economics > Economics > Macroeconomics
Nonfiction > Political Science
Nonfiction > Business & Economics > International
Nonfiction > Business & Economics > Economics
Nonfiction > Business & Economics > International > Economics
Nonfiction > Business & Economics > Money & Monetary Policy
Nonfiction > Social Science > Third World Development
Nonfiction > Business & Economics > Finance
Nonfiction > Business & Economics > Inflation

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