From a day-to-day watch on financial markets and indicators to keeping a tab on the nation's growth and inflation, monetary policy is a complex field which requires an active response from central banks. Providing the global and theoretical context of monetary policy, especially in light of the recent financial crisis, this Short Introduction analyses the evolution and practice of monetary policy in India from 1934 to present times.
From a day-to-day watch on financial markets and indicators to keeping a tab on the nation's growth and inflation, monetary policy is a complex field which requires an active response from central banks. Providing the global and theoretical context of monetary policy, especially in light of the recent financial crisis, this Short Introduction analyses the evolution and practice of monetary policy in India from 1934 to present times.
Partha Ray is Professor, Economics Group, Indian Institute of Management Calcutta, Kolkata.
Inhaltsangabe
List of Tables Figures, and Boxes 1. What is Monetary Policy? 2. The Early Years: 1934-50; 3. The Foundation Stage: 1951-68 4. Bank Nationalization and Credit Planning: 1969-85 5. Monetary Targeting: 1986-98 6. Multiple Indicator Approach and Liquidity Adjustment Facilities: 1998 Onwards Epilogue Annexure: RBI Governors References Index
List of Tables Figures, and Boxes 1. What is Monetary Policy? 2. The Early Years: 1934-50; 3. The Foundation Stage: 1951-68 4. Bank Nationalization and Credit Planning: 1969-85 5. Monetary Targeting: 1986-98 6. Multiple Indicator Approach and Liquidity Adjustment Facilities: 1998 Onwards Epilogue Annexure: RBI Governors References Index
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