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India: Selected Issues

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  • International Monetary Fund

Abstract

This paper presents background information to the assessment of competitiveness and exchange rate policy in India, as well as challenges to monetary policy from financial globalization. This paper discusses the role of communication in enhancing the effectiveness of monetary policy and strengthening the financial system in India. Currency derivatives can provide important benefits for financial systems. This paper aims to document the extent to which Indian growth has benefited the bottom of the income distribution and how India can achieve significantly better social outcomes.

Suggested Citation

  • International Monetary Fund, 2008. "India: Selected Issues," IMF Staff Country Reports 2008/052, International Monetary Fund.
    • Handle: RePEc:imf:imfscr:2008/052
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    References listed on IDEAS

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    1. Ministry of Finance, 2007. "Outcome of the review of the trends in receipts and expenditure in relation to the budget at the end of the second quarter of the financial year 2006-2007," Working Papers id:824, eSocialSciences.
    2. Kochar, Anjini, 2005. "Can Targeted Food Programs Improve Nutrition? An Empirical Analysis of India's Public Distribution System," Economic Development and Cultural Change, University of Chicago Press, vol. 54(1), pages 203-235, October.
    3. Laura B. Rawlings, 2004. "A New Approach to Social Assistance: Latin America’s Experience with Conditional Cash Transfer Programs," World Bank Publications - Reports 11813, The World Bank Group.
    4. Shenggen Fan & Ashok Gulati & Sukhadeo Thorat, 2008. "Investment, subsidies, and pro‐poor growth in rural India," Agricultural Economics, International Association of Agricultural Economists, vol. 39(2), pages 163-170, September.
    5. Coady, David P., 2004. "Designing and evaluating social safety nets," FCND discussion papers 172, International Food Policy Research Institute (IFPRI).
    6. Rawlings, Laura B., 2004. "A new approach to social assistance : Latin America's experience with conditional cash transfer programs," Social Protection Discussion Papers and Notes 30165, The World Bank.
    7. Gangopadhyay, Shubhashis & Ramaswami, Bharat & Wadhwa, Wilima, 2005. "Reducing subsidies on household fuels in India: how will it affect the poor?," Energy Policy, Elsevier, vol. 33(18), pages 2326-2336, December.
    8. Coady, David P., 2004. "Designing and evaluating social safety nets," FCND briefs 172, International Food Policy Research Institute (IFPRI).
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    Cited by:

    1. Ajay Shah & Ila Patnaik, 2010. "Managing Capital Flows: The Case of India," Chapters, in: Masahiro Kawai & Mario B. Lamberte (ed.), Managing Capital Flows, chapter 9, Edward Elgar Publishing.
    2. Mr. Ananthakrishnan Prasad & Mr. Charles Frederick Kramer & Ms. Hélène Poirson, 2008. "Challenges to Monetary Policy from Financial Globalization: The Case of India," IMF Working Papers 2008/131, International Monetary Fund.

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