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2010•Munich Personal RePEc Archive (Ludwig Maximilian University of Munich)Open access

Inflows and policy: middling through

Ashima Goyal

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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

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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

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Available 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

Key concepts: Capital (architecture), Liberalization, Economics, Politics, Financial crisis, Capital flows, International economics, Economic policy

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