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Title India at the crossroads : sustaining growth and reducing poverty / edited by Tim Callen, Patricia Reynolds, Christopher Towe.
Imprint [Washington, D.C.] : International Monetary Fund, [2001]

Subject Fiscal policy -- India.
Sustainable development -- India.
India -- Economic policy -- 1991-
India -- Economic conditions -- 1947-
Alt Name Callen, Tim,
Reynolds, Patricia, 1961-
Towe, Christopher M., 1957-
Description 1 online resource (ix, 192 pages) : illustrations
polychrome rdacc
Bibliography Note Includes bibliographical references.
Contents Overview / Christopher Towe -- Preserving external stability. India and the Asia crisis / Christopher Towe -- Assessing India's external position / Tim Callen and Paul Cashin -- Fiscal challenges. Tax smoothing, financial repression, and fiscal deficits in India / Paul Cashin, Nilss Olekalns, and Ratna Sahay -- Fiscal adjustment and growth prospects in India / Patricia Reynolds -- Monetary and financial sector policies. Modeling and forecasting inflation in India / Tim Callen -- The Unit Trust of India and the Indian mutual fund industry / Anna Ilyina -- Growth, poverty, and structural policies. Growth theory and convergence across Indian states: a panel study / Shekhar Aiyar -- Structural reform in India / Daniel Kanda, Patricia Reynolds, and Christopher Towe.
Summary The authors examine the numerous structural and policy changes Indian authorities have adopted since the 1991 balance of payments crisis; how these changes helped India weather the Asian financial crisis of 1997-98; the risks to fiscal sustainability and their implications for growth; the challenges facing monetary policy in the face of financial market liberalization; and the benefits of structural reform and fiscal policy for growth, poverty, and the reduction of regional disparities.
Note Print version record.
ISBN 9781455247684 (electronic bk.)
1455247685 (electronic bk.)
ISBN/ISSN 10.5089/9781455247684.071
Publisher # MWT11390660
OCLC # 793204097
Additional Format Print version: India at the crossroads. Washington, D.C. : International Monetary Fund, ©2001 1557759928 (DLC) 00054132 (OCoLC)45556133

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