India: Selected Issues

International Monetary Fund

No 2009/186, IMF Staff Country Reports from International Monetary Fund

Abstract: Despite the external origin of the financial crisis, the potential impact on India’s corporate sector could be large, as India has become increasingly integrated with the global economy in the past decade. The Selected Issues paper discusses India’s economic development and policies. The impact on the corporate sector will in turn feed into India’s overall economic growth. The significant volatility in the exchange equity prices, and interest rates triggered by the global crisis, together with the decline in global economic activity and capital flows, will weight on India’s firms.

Keywords: ISCR; CR; pass-through; inflation; India; return; debt; government; pass-through elasticity; asset price volatility; volatility matter; flows to India; pass-through elasticities rise; Corporate sector; Debt default; Capital flows; Fiscal rules; Exchange rate pass-through; Global; Asia and Pacific (search for similar items in EconPapers)
Pages: 42
Date: 2009-03-18
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Citations: View citations in EconPapers (7)

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