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Issues in the choice of a monetary regime for India

McKibbin, Warwick J; Singh, Kanhaiya

Description

Economic liberalization and financial sector reforms in India commenced in 1990. An important issue currently facing India and the focus of a lively debate, is the question of the appropriate regime for conducting monetary policy in an economy undergoing structural reforms. To add to this important debate, this paper summarizes the state of the current policy debate on selecting a monetary regime for India and presents estimates of the impact of alternative monetary regimes in the face of a...[Show more]

CollectionsANU Research Publications
Type: Working/Technical Paper
URI: http://hdl.handle.net/1885/40321
http://digitalcollections.anu.edu.au/handle/1885/40321

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