Public debt management separation of debt from monetary management in India /
"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, includin...
| Other Authors: | Singh, Charan (Economist), SpringerLink (Online service) |
|---|---|
| Format: | eBook |
| Language: | English |
| Published: |
Bangalore, Karnataka, India :
Springer,
[2016]
|
| Physical Description: |
1 online resource (xxi, 211 pages) : illustrations (some color). |
| Series: |
India studies in business and economics.
|
| Subjects: |
| Summary: |
"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."--Publisher's description. |
|---|---|
| Item Description: |
1. Introduction / Charan Singh -- 2. Public Debt Management: Reflections on Strategy and Structure / Harun R. Khan -- 3. Debt Management of the Government / Peeyush Srivastava -- 4. Cash and Debt Management in States / Ritvik Pandey -- 5. India's Experience with Cash Management / Vijay Singh Chauhan -- 6. A Separate Debt Management Office / Charan Singh -- 7. Financial Regulation and Independent Debt Management Office / K. Kanagasabapathy -- 8. Fiscal Responsibility and Budget Management Act: An Indian Perspective / R.K. Pattnaik -- 9. Public Debt Sustainability Assessments for Developing Asia / Benno Ferrarini and Arief Ramayandi -- 10. Round Table / Charan Singh. "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."--Publisher's description. Includes bibliographical references at the end of each chapters. |
| Physical Description: |
1 online resource (xxi, 211 pages) : illustrations (some color). |
| Bibliography: |
Includes bibliographical references at the end of each chapters. |
| ISBN: |
9788132236498 8132236491 |
| ISSN: |
2198-0020. |