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Titlebook: Market, Regulations and Finance; Global Meltdown and Ratan Khasnabis,Indrani Chakraborty Book 2014 Springer India 2014 Financial Regulatio

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2198-0012 of monetary and fiscal policies in ensuring stability, undeThis volume’s primary contribution to the field of Economics is that it addresses the issue of inter-linkages between money, finance and macroeconomics with a broad analytical perspective that has commonality with the Post-Keynesians. In an
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Fiscal Reforms, Fiscal Rule and Development Spending: Two Decades of Indian Experience,es have witnessed significant improvement in fiscal balance. The econometric estimates reveal that improvement in fiscal balance at the subnational level is largely revenue driven, and revenue cyclicality has altered the fiscal space for development spending with an increase in spending disparity across states.
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Globalisation and Growth: The Indian Case in Perspective, features associated with Indian growth and explores their mutual interrelationships to analyse the nature of, and long-term tendencies inherent in, India’s economic trajectory under globalisation. In the light of this analysis, the prospects of the economy in the post-global crisis world are also examined.
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,Crisis as Paradigm Shifter: Reflections on 2008–??,areas: (1) monetary policy, (2) financial regulation, (3) corporate governance, and (4) globalization. The chapter shows how the characteristics of each of the four categories have changed from the pre-crisis situation to the post-crisis situation.
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The Financial Sector and the Real Economy: Some Considerations in the Indian Context,hat characterised the mid-2000s. It argues that there are considerable differences in the way the financial sector needs to function in an economy which is corporate led and one which is SME led. This difference needs to inform the policy approach to the financial sector and suggestions are made to this end.
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Monetary Policy, Financial Stability and Macro-prudential Regulation: An Indian Perspective,ed vulnerability to crises in the EMEs. We analyse the various captioned issues from an Indian perspective with a view to delineate possible strategies for modulating the amplitude of any possible financial crisis.
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Determinants of Price Deviations Across Regions in India,pal taxes or octroi, existence of entry barriers due to local monopolies, local supply shocks etc.) in price formation in India. The importance of local factors on regional prices reinforces the structuralist logic of curbing inflation rates through appropriate fiscal and administrative policies rather than by a centralized monetary policy.
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