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Global Financial Crisis: The Monetary Policy Dilemma

Basutkar, Tirupati (2012): Global Financial Crisis: The Monetary Policy Dilemma. Published in: Global Financial Crisis: Indian Scenario (1 December 2012): pp. 173-177.

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Abstract

Post crisis period in India is marked by ‘liquidity hangover’ which RBI’s Monetary Policy is visibly finding difficult to handle. While highlighting the ‘Ad-hoc’ monetary policy response of RBI in recent past, the paper tries to ascertain the significance of monetary policy variables in explaining growth

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