Inflows and policy: middling through

Goyal, Ashima (2010): Inflows and policy: middling through. Published in: India Development Report (2011)

Abstract

The paper (i) briefly surveys India‘s policy choices over the reform period with respect to liberalization of the capital account, their underlying rationale and politics, (ii) demonstrates the kinds of capital inflows that resulted; their special characteristics, (iii) assesses the contributions of the inflows; their risks and stresses for policy, and (iv) examines the impact of and handling of the East Asian and the Global Financial Crisis

• Item Type: MPRA Paper
• Language: English
• Keywords: Capital flows; capital account liberalization; FX market; Crises impacts
• Subjects: F - International Economics > F3 - International Finance > F32 - Current Account Adjustment ; Short-Term Capital Movements; G - Financial Economics > G1 - General Financial Markets > G18 - Government Policy and Regulation; F - International Economics > F2 - International Factor Movements and International Business > F21 - International Investment ; Long-Term Capital Movements

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