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Reforming India's External, Financial, and Fiscal Policies
     

Reforming India's External, Financial, and Fiscal Policies

by Anne Krueger (Editor)
 

A traditionally conservative country in financial matters, India enacted a series of reforms in response to its balance of payments crisis in the early 1990s. But since then only halting progress has been made, raising concerns about India’s rising fiscal deficit, inefficiencies in its financial system, and its still relatively closed economy.

This book

Overview

A traditionally conservative country in financial matters, India enacted a series of reforms in response to its balance of payments crisis in the early 1990s. But since then only halting progress has been made, raising concerns about India’s rising fiscal deficit, inefficiencies in its financial system, and its still relatively closed economy.

This book analyzes some of the complex issues currently facing the Indian economy. Looking at India in the international economy, the first section examines reforms of policies toward trade and capital inflows, including issues in exchange rate policy and international business prospects. The second section addresses banking and financial markets, tracking the reforms to date and establishing the need for upgraded technology. The final section compares India's fiscal performance with that of other developing countries, highlighting worrying trends, and presents concrete policy recommendations to advance Indian reforms.

Editorial Reviews

From the Publisher
"This volume brings under intensive analysis the critical dimensions of Indian economic reform. The messages emanating from the essays will be very valuable for policymakers and scholars in identifying the strengths and weaknesses of the various measures taken so far and the remaining gaps and deficiencies." —A. Bagchi,National Institute of Public Finance and Policy, New Delhi

Product Details

ISBN-13:
9780804747752
Publisher:
Stanford University Press
Publication date:
07/30/2003
Series:
Studies in Intl Economics & Development Series
Edition description:
1
Pages:
272
Product dimensions:
6.00(w) x 9.00(h) x 0.90(d)

Related Subjects

Meet the Author

Anne O. Krueger is the First Deputy Managing Director of the International Monetary Fund and the Ritch Professor in Humanities and Sciences at Stanford University. Sajjid Z. Chinoy is an associate at McKinsey and Company, and was a graduate researcher at the Center for Research on Economic Development and Policy reform while at Stanford University, where he received his Ph.D. in economics in 2001.

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