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- W3123375315 abstract "The adoption of inflation targeting in India has been a much debated topic which also becomes a challenge for the emerging economy. Though inflation targeting has already been adopted in many emerging and advanced countries, acceptability in India is a matter of concern. The paper argues that an emerging country like India needs to consider the composition of consumer price index; state of macro econometric models; and young demographics, unemployment rate and lack of social security before adopting inflation targeting. To modernize the monetary policy framework, India could consider introducing regular review of the regional economy; instituting a Monetary Policy Committee; and separating debt from monetary management, the paper argues." @default.
- W3123375315 created "2021-02-01" @default.
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- W3123375315 date "2015-07-01" @default.
- W3123375315 modified "2023-09-27" @default.
- W3123375315 title "Inflation Targeting in India: Select Issues" @default.
- W3123375315 hasPublicationYear "2015" @default.
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