While offering many growth-enhancing opportunities, India's ever-increasing integration with the world economy has given rise to a host of new challenges in managing the economy. This book provides an up-to-date empirical assessment of some of India's crucial policy challenges pertaining to its monetary and external sector management.
Ramkishen S. Rajan
foreign direct investment growth Inflation macroeconomics monetary policy
“The book has covered the important macroeconomic policy issues with a strong conceptual framework, comprehensive literature survey, and robust empirical analysis. The book is strongly recommended for researchers, students, policy makers, practitioners, and analysts interested in India’s macroeconomic management–particularly monetary and external-sector management.” (R. K. Pattnaik, Journal of Economic Literature, Vol. 55 (1), March, 2017)