Market, Regulations and Finance

Global Meltdown and the Indian Economy

Business & Finance, Economics, Macroeconomics, Finance & Investing, Finance
Cover of the book Market, Regulations and Finance by , Springer India
View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart
Author: ISBN: 9788132217954
Publisher: Springer India Publication: March 18, 2014
Imprint: Springer Language: English
Author:
ISBN: 9788132217954
Publisher: Springer India
Publication: March 18, 2014
Imprint: Springer
Language: English

This 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 attempt to assess the consequences of economic reforms and the fallout of the global financial crisis on India and the world around, the book argues that with the onset of the crisis, as in most advanced economies, debates and discussions in India have been concerned with three main issues: monetary policy and asset prices, financial stability, and macro-prudential regulation. Three related issues which are also considered important in the Indian context are – rule vs. principle-based supervision, integrated financial supervision, and regulatory and supervisory independence. The book argues that the crisis highlighted the inadequacies of macro-prudential regulatory structure which mainly addresses idiosyncratic risks specific to individual financial institutions. The crisis precipitated an extensive debate on the role of national regulatory and supervisory authorities in crisis prevention and crisis management via macro-prudential regulations which involves a general equilibrium approach to regulation aiming at safeguarding the financial system as a whole. The book then argues that the crisis led to a paradigm shift in macroeconomic theory and policy. This shift has been categorized into four specific areas: monetary policy, financial regulation, corporate governance, and globalization. The book analyses how the characteristics of each of these four categories have changed from the pre-crisis to the post-crisis situation. The book also delves into the phenomenon of rising global commodity prices post-crisis. The book also deals with an analysis of the impact of this crisis on employment in the US economy, by simulating a macroeconomic model developed by the Cambridge Department of Applied Economics in the 1980s.

View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart

This 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 attempt to assess the consequences of economic reforms and the fallout of the global financial crisis on India and the world around, the book argues that with the onset of the crisis, as in most advanced economies, debates and discussions in India have been concerned with three main issues: monetary policy and asset prices, financial stability, and macro-prudential regulation. Three related issues which are also considered important in the Indian context are – rule vs. principle-based supervision, integrated financial supervision, and regulatory and supervisory independence. The book argues that the crisis highlighted the inadequacies of macro-prudential regulatory structure which mainly addresses idiosyncratic risks specific to individual financial institutions. The crisis precipitated an extensive debate on the role of national regulatory and supervisory authorities in crisis prevention and crisis management via macro-prudential regulations which involves a general equilibrium approach to regulation aiming at safeguarding the financial system as a whole. The book then argues that the crisis led to a paradigm shift in macroeconomic theory and policy. This shift has been categorized into four specific areas: monetary policy, financial regulation, corporate governance, and globalization. The book analyses how the characteristics of each of these four categories have changed from the pre-crisis to the post-crisis situation. The book also delves into the phenomenon of rising global commodity prices post-crisis. The book also deals with an analysis of the impact of this crisis on employment in the US economy, by simulating a macroeconomic model developed by the Cambridge Department of Applied Economics in the 1980s.

More books from Springer India

Cover of the book Emergencies of the Orbit and Adnexa by
Cover of the book Reliability and Risk Evaluation of Wind Integrated Power Systems by
Cover of the book Clinical Approach to Well-differentiated Thyroid Cancers by
Cover of the book Operation and Maintenance of Thermal Power Stations by
Cover of the book Exploring Image Binarization Techniques by
Cover of the book Multimedia Processing, Communication and Computing Applications by
Cover of the book An Introduction to Modelling of Power System Components by
Cover of the book Proceedings of Fourth International Conference on Soft Computing for Problem Solving by
Cover of the book Principles of Critical Care in Obstetrics by
Cover of the book The Grape Entomology by
Cover of the book Artificial Intelligence and Evolutionary Algorithms in Engineering Systems by
Cover of the book Implementing Corporate Social Responsibility by
Cover of the book Rectangular Dielectric Resonator Antennas by
Cover of the book Insights into Inclusive Growth, Employment and Wellbeing in India by
Cover of the book Proceedings of Ninth International Conference on Wireless Communication and Sensor Networks by
We use our own "cookies" and third party cookies to improve services and to see statistical information. By using this website, you agree to our Privacy Policy