India: Selected Issues
Volume/Issue:
Volume 2008
Issue 052
Publication date: February 2008
ISBN: 9781451947502
$20.00
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Topics covered in this book
This title contains information about the following subjects.
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Banks and Banking , Exports and Imports , Finance , Economics- Macroeconomics , Public Finance , ISCR , CR , India , firm , market , exchange rate , estimation result , market participant , export performance , growth incidence curve , nonfinancial firm , Exchange rates , Currency markets , Currencies , Income distribution , Derivative markets , Global , Africa , Asia and Pacific , Middle East , East Asia , North Africa , North America
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Summary
This paper presents background information to the assessment of competitiveness and exchange rate policy in India, as well as challenges to monetary policy from financial globalization. This paper discusses the role of communication in enhancing the effectiveness of monetary policy and strengthening the financial system in India. Currency derivatives can provide important benefits for financial systems. This paper aims to document the extent to which Indian growth has benefited the bottom of the income distribution and how India can achieve significantly better social outcomes.
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