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• W2442006450 abstract "This paper examines the dynamic interactions between money, inflation, reserves, interest rates and growth within the context of financial openness; and formalises the relationships between monetary and exchange rate policy to highlight appropriate macro-economic management during the process offinancial opening. The model is then applied in the current Indian context to evaluate some of the policy recommendations of the Committee onr Capital Account Convertibility (CAC). The results indicate the urgent need to slow-down the pace of CAC as well as to re-compute the preconditions for CAC, before we end up as one more casualty of the currency crisis." @default.
• W2442006450 created "2016-06-24" @default.
• W2442006450 creator A5013107701 @default.
• W2442006450 date "2016-01-01" @default.
• W2442006450 modified "2023-09-27" @default.
• W2442006450 title "Macro-Economics of Capital Account Convertibility" @default.
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• W2442006450 hasPublicationYear "2016" @default.
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