India: Selected Issues
International Monetary Fund
No 2008/052, IMF Staff Country Reports from 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.
Keywords: ISCR; CR; India; firm; market; exchange rate; estimation result; market participant; export performance; growth incidence curve; nonfinancial firm; Exchange rates; Currency markets; Currencies; Income distribution; Derivative markets; Global; Africa; Asia and Pacific; Middle East; East Asia; North Africa; North America (search for similar items in EconPapers)
Pages: 148
Date: 2008-02-04
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Citations: View citations in EconPapers (2)
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