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Public Debt Management - Separation of Debt from Monetary Management in India (Paperback, Softcover reprint of the original 1st ed. 2016)
Loot Price: R3,414
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Public Debt Management - Separation of Debt from Monetary Management in India (Paperback, Softcover reprint of the original 1st ed. 2016)
Series: India Studies in Business and Economics
Expected to ship within 10 - 15 working days
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This book examines the objectives of public debt management and the
re-emerging issue of separating monetary policy formulation from
fiscal and debt management. The recent Great Recession has resulted
in a rethink of the objectives and working of macroeconomics, and
in many countries, including India, has led to the scope of fiscal
operations being expanded and debt-to-GDP ratios increasing
significantly. Consequently, debt management has encountered
considerable difficulties, and the need for coordination between
monetary and debt management has assumed greater significance. The
book discusses the important issue of the independence of central
banks and the need for coordination between debt managers, monetary
authorities and finance ministries if debt operations are separated
from monetary management.
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