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Capital Flows and Exchange Rate Management

 
Soumyen Sikdar (Author) Oxford India Short Introductions
Synopsis

The Oxford India Short Introductions are concise, stimulating, and accessible guides to different aspects of India. Combining authoritative analysis, new ideas, and diverse perspectives, they discuss subjects which are topical yet enduring, as also emerging areas of study and debate.

Integration with the global economy has opened India to cross-border flows of not merely goods and services, but also financial capital. India is now a preferred destination among the emerging market economies for foreign investors. Is this transition necessarily beneficial for the Indian economy? What are its consequences and how is it to be regulated? How has the Indian economy successfully averted a financial crisis in the era of economic liberalization, unlike many other developing economies?

This short introduction provides answers to questions such as these by analysing the basic forces driving capital flows, their impact on the exchange rate, and their implications for foreign reserves and domestic money supply. It will be a vital guide for students of economics, finance, and management, as well as general readers interested in the prospects of the Indian economy.

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About the author

Soumyen Sikdar

Soumyen Sikdar is Professor, Department of Economics, University of Calcutta. He is the author of the successful textbook Contemporary Issues in Globalization: An Introduction to theory and Policy in India (OUP 2002) which is now in its second edition.

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Bibliographic information

Title Capital Flows and Exchange Rate Management
Format Softcover
Date published: 01.10.2013
Edition 1st.ed.
Language: English
isbn 0198075456 , 978-0198075455
length xiv+135p., Illustrations; 19cm.