Monetary Policy Considerations after the Crisis: Practitioners’ Perspectives*

Subir Gokarn

South Asian Journal of Macroeconomics and Public Finance, 2012, vol. 1, issue 1, 1-13

Abstract: In this article, I would like to explore some of the thinking around issues in inclusive growth and development in the face of recent economic and financial crisis. We use recent articulations by a cross-section of central bankers and use this as a backdrop for the way the Reserve Bank of India and the Government of India deal with challenges to macroeconomic stability. The article lays out a simple framework, which I find useful to think about monetary policy and central banking and then use it to discuss issues that have emerged in the post-crisis debates.

Keywords: Monetary policy; central bank; economic crisis; stability; E50; E52; E62; E63 (search for similar items in EconPapers)
Date: 2012
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Persistent link: https://EconPapers.repec.org/RePEc:sae:smppub:v:1:y:2012:i:1:p:1-13

DOI: 10.1177/227797871200100102

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