{"product_id":"macroeconomic-policy-in-india-since-the-global-financial-crisis-trends-policies-and-challenges-in-economic-revival-post-covid","title":"MACROECONOMIC POLICY IN INDIA SINCE THE GLOBAL FINANCIAL CRISIS: Trends, Policies and Challenges in Economic Revival Post-Covid","description":"\u003ch3\u003eBook Details\u003c\/h3\u003e\n\u003cul\u003e\n\u003cli\u003e\n\u003cp\u003e\u003cstrong\u003ePublisher\u003c\/strong\u003e: Springer\u003c\/p\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cp\u003e\u003cstrong\u003eAuthor\u003c\/strong\u003e: Dr. Sebastian Morris\u003c\/p\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cp\u003e\u003cstrong\u003eBinding\u003c\/strong\u003e: Hardback\u003c\/p\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cp\u003e\u003cstrong\u003eNumber of Pages\u003c\/strong\u003e: 324\u003c\/p\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cp\u003e\u003cstrong\u003eRelease Date\u003c\/strong\u003e: 2024\u003c\/p\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cp\u003e\u003cstrong\u003eISBN\u003c\/strong\u003e: 9789819974818\u003c\/p\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cp\u003e\u003cstrong\u003eLanguages\u003c\/strong\u003e: English\u003c\/p\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cp\u003e\u003cstrong\u003eSale Territory\u003c\/strong\u003e: India Only\u003c\/p\u003e\n\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003ch3\u003eAbout the Book\u003c\/h3\u003e\n\u003cp\u003eThis book delves into the Indian economic crisis, analyzing what went wrong and what corrective actions are necessary to get the economy back on a high growth trajectory, ultimately leading to economic transformation. It examines the performance of the Indian economy since the Global Financial Crisis to the effects of COVID-19, exploring the factors that influenced this performance.\u003c\/p\u003e\n\u003cp\u003eThe book critiques the macroeconomic policies of both the Reserve Bank of India (RBI) and the government, highlighting what needs to be done for these policies to support high growth. It draws comparisons with East Asia and China, pointing out that India has similar potential for growth, particularly through expanding manufacturing. The author argues that both macroeconomic policies and structural, industrial, and trade policies have been insufficient. Even when there have been positive industrial and trade policy initiatives, these have often faltered due to a lack of a cohesive macroeconomic strategy.\u003c\/p\u003e\n\u003cp\u003eSpecial attention is given to the vast opportunities present in India’s emerging economy, particularly its underutilized labor force, and the macroeconomic policy initiatives needed to leverage this advantage. The book offers an in-depth analysis of a wide range of macroeconomic data, including GDP\/GVA, credit, exports, external transactions, interest and policy rates, inflation, government expenditures, tax rates, fiscal deficits, and market uncertainty.\u003c\/p\u003e\n\u003cp\u003eAn innovative approach is used to present the trends in monetary and fiscal policy, using a variety of variables to give a holistic picture of the economy and the shocks and policy actions that followed. The book also critically addresses the overestimation of GDP\/GVA growth estimates from 2011-12 to 2016-17. Additionally, the performance of the economy since the COVID-19 crisis is discussed in depth, with a focus on the limitations of government initiatives in addressing the crisis.\u003c\/p\u003e\n\u003cp\u003eThis book serves as a quick reference for understanding India’s macroeconomic situation and will be of great interest to international economists, policy analysts, investors, and anyone looking to understand the economic landscape of India.\u003c\/p\u003e\n\u003ch3\u003eContents\u003c\/h3\u003e\n\u003col\u003e\n\u003cli\u003e\n\u003cp\u003e\u003cstrong\u003eIntroduction\u003c\/strong\u003e\u003c\/p\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cp\u003e\u003cstrong\u003eTrends in Growth Since the GFC\u003c\/strong\u003e\u003c\/p\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cp\u003e\u003cstrong\u003eCredit, Employment, and the Current Account\u003c\/strong\u003e\u003c\/p\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cp\u003e\u003cstrong\u003eCapital Formation and Foreign Investment\u003c\/strong\u003e\u003c\/p\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cp\u003e\u003cstrong\u003eInflation and Monetary Developments\u003c\/strong\u003e\u003c\/p\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cp\u003e\u003cstrong\u003ePolicy and Analyses\u003c\/strong\u003e\u003c\/p\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cp\u003e\u003cstrong\u003eReflexive, Not Reflective Monetary Policy\u003c\/strong\u003e\u003c\/p\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cp\u003e\u003cstrong\u003eThe COVID Crisis and Response\u003c\/strong\u003e\u003c\/p\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cp\u003e\u003cstrong\u003eThe Recovery\u003c\/strong\u003e\u003c\/p\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cp\u003e\u003cstrong\u003eThe Challenge of Manufacturing\u003c\/strong\u003e\u003c\/p\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cp\u003e\u003cstrong\u003eGST and the Discrimination Against Production Oriented States\u003c\/strong\u003e\u003c\/p\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cp\u003e\u003cstrong\u003eConclusions\u003c\/strong\u003e\u003c\/p\u003e\n\u003c\/li\u003e\n\u003c\/ol\u003e\n\u003ch3\u003eAbout the Author\u003c\/h3\u003e\n\u003cp\u003eDr. Sebastian Morris is a Senior Professor and Chair of the Centre for Public Policy and Governance at the Goa Institute of Management. He previously taught macroeconomics, infrastructure, Indian economic performance, and public policy at the Indian Institute of Management Ahmedabad for over 25 years. Dr. Morris initiated and edited the influential India Infrastructure Reports, which set the agenda for infrastructure reforms in India.\u003c\/p\u003e\n\u003cp\u003eHe was the lead author of the book \u003cem\u003eGrowth and Transformation of Small Firms\u003c\/em\u003e and designed and delivered various senior civil servant programs focusing on governance, economic strategy, and public value creation. Dr. Morris also served as the ICCR Chair Professor at Copenhagen Business School and a Ford Foundation Fellow at the University of Pennsylvania. Additionally, he has been a consultant to various governments and has taught extensively in executive programs on the Indian economy and its transformational challenges.\u003c\/p\u003e","brand":"Springer","offers":[{"title":"Default Title","offer_id":49992343486768,"sku":"DRG.RawatPublications_9789819974818","price":1232.0,"currency_code":"INR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0690\/9968\/4144\/files\/Macroeconomic_policy_in_India_since_the_global_financial_Crisis.jpg?v=1756465198","url":"https:\/\/www.retailmaharaj.com\/bn\/products\/macroeconomic-policy-in-india-since-the-global-financial-crisis-trends-policies-and-challenges-in-economic-revival-post-covid","provider":"Retail Maharaj","version":"1.0","type":"link"}