Author: B. B. Bhattacharya
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 208

View

Book Description

Author: M. Ayhan Kose
Publisher: World Bank Publications
ISBN: 1464815453
Category : Business & Economics
Languages : en
Pages : 403

View

Book Description
The global economy has experienced four waves of rapid debt accumulation over the past 50 years. The first three debt waves ended with financial crises in many emerging market and developing economies. During the current wave, which started in 2010, the increase in debt in these economies has already been larger, faster, and broader-based than in the previous three waves. Current low interest rates mitigate some of the risks associated with high debt. However, emerging market and developing economies are also confronted by weak growth prospects, mounting vulnerabilities, and elevated global risks. A menu of policy options is available to reduce the likelihood that the current debt wave will end in crisis and, if crises do take place, will alleviate their impact.

Author: Michael Pettis
Publisher: Oxford University Press, USA
ISBN: 9780195143300
Category : Business & Economics
Languages : en
Pages : 272

View

Book Description
This book presents a radically different argument for what has caused, and likely will continue to cause, the collapse of emerging market economies. Pettis combines the insights of economic history, economic theory, and finance theory into a comprehensive model for understanding sovereign liability management and the causes of financial crises. He examines recent financial crises in emerging market countries along with the history of international lending since the 1820s to argue that the process of international lending is driven primarily by external events and not by local politics and/or economic policies. He draws out the corporate finance implications of this approach to argue that most of the current analyses of the recent financial crises suffered by Latin America, Asia, and Russia have largely missed the point. He then develops a sovereign finance model, analogous to corporate finance, to understand the capital structure needs of emerging market countries. Using this model, he finally puts into perspective the recent crises, a new sovereign liability management theory, the implications of the model for sovereign debt restructurings, and the new financial architecture. Bridging the gap between finance specialists and traders, on the one hand, and economists and policy-makers on the other, The Volatility Machine is critical reading for anyone interested in where the international economy is going over the next several years.

Author: S. Gordon
Publisher: Springer
ISBN: 0230371809
Category : Social Science
Languages : en
Pages : 428

View

Book Description
`...sober and extremely well-researched book.' - Inder Malhotra, Business World `...very detailed and up-to-date account.' - Richard Newman, Times Higher Education Supplement This book examines the economic and technological basis for India's rise to power and the political factors that shape the nature of the power it will develop into. It shows that while India has concentrated on many of the scientific and technical capabilities that serve the needs of a rising power, it has not been able to achieve a balanced process of development. This imbalance feeds sub-national political discontent and undercuts the very power that India has sought to acquire, thus delaying her rise to power.

Author: K. R. Gupta
Publisher: Atlantic Publishers & Dist
ISBN: 9788171565719
Category : India
Languages : en
Pages : 364

View

Book Description
During The Last Four Years, The Indian Economy Has Been Undergoing Phenomenal Changes. Licensing And Controls Are Being Dismantled. Nationali¬Sation Is Giving Place To Privatisation. Import Of Capital And Technology Is Being Liberalised. Terms And Conditions For The Import Of Capital And Technology Are Being Eased. Attractive Terms Are Being Offered To Multinationals To Induce Them To Set Up Production Units In India. Fast Progress Is Being Made In The Direction Of Making The Rupee Completely Convertible. Imports Have Been Liberalised; Import Duties Have Been Drastically Reduced; More And More Items Have Been Added To The Ogl List. Bank Interest Rates Have Been Freed.In Order To Make A Critical Analysis Of The Changes That Are Taking Place In Various Fields Of The Indian Economy, We Have Planned To Bring Out Five Volumes Covering Different Fields And Including Different Shades Of Opinions. The Present Is The First Volume Of The Planned Five Volumes. The Contributors Of This Volume Are Leading Experts In Their Respective Fields.It Is Hoped That The Book Would Be Found Useful By The Researchers And Students Of Economics, Businessmen, Government Executives Concerned With The Formulation And Execution Of Economic Policies, Parliamentarians And Legislators, And The General Readers Interested In Knowing The Changes That Are Taking Place In Our Economy.

Author: Daniel Yergin
Publisher:
ISBN: 9780684829753
Category : Economic forecasting
Languages : en
Pages : 0

View

Book Description

Author: Waltraud Schelkle
Publisher: Routledge
ISBN: 1135778140
Category : Business & Economics
Languages : en
Pages : 310

View

Book Description
This book puts forward a new paradigm of monetary development theory along Keynesian lines.

Author: Prakash Chand Jain
Publisher: Concept Publishing Company
ISBN: 9788170223931
Category : India
Languages : en
Pages : 450

View

Book Description

Author: Sushanta K. Mallick
Publisher: Routledge
ISBN: 0429834160
Category : Business & Economics
Languages : en
Pages : 167

View

Book Description
First published in 1999, this influential volume explores Macroeconomic Adjustment with a particular focus on India. Its inspiration originated from the introduction of stabilisation and structural adjustment policies in India in 1991. Mallick examines the application of this policy package by the International Monetary Fund and the World Bank to Developing Economies. First looking at the initial conditions and generators of imbalances, the appropriate policy framework for India’s initial conditions and structural characteristics is considered. While the effectiveness of the IMF had been strongly criticised, Mallick explains how it could be used more effectively. He argues that the programs applied are often contradictory and, using India as an example, examines the effects of policy reform on its trade sector, the repercussions on the direct economy and the costs associated with such policies in restoring stability and future economic growth, with particular support for the Vector Autoregression (VAR) framework. Mallick forwards a new structural model for policy purposes, evaluated for overall performance and optimal control.

Author: Dilip Dutta
Publisher: Atlantic Publishers & Dist
ISBN: 9788171568475
Category : Economic stabilization
Languages : en
Pages : 414

View

Book Description
The Book Has A Wide Coverage And Studies All The Famous Writers Of English Literature In The Field Of Poetry, Fiction, Essay Etc. The Writers Covered, Among Others, IncludeGeoffrey Chaucer, Philip Sidney, Herbert Spenser, Francis Bacon, Alexander Pope, Jonathan Swift, Samuel Johnson, William Wordsworth, Samuel Taylor Coleridge, John Keats, Robert Browning, George Eliot, Charles John Huffham Dickens, Thomas Hardy, Rudyard Kipling And Bernard Shaw.The Book Is Written In A Simple And Lucid Style. Abstractions Have Been Avoided And Concreteness Has Been Aimed At. It Will Be Found Of Great Interest By The Students Of English Literature, Researchers And The General Readers.