Editors:
- Presents the views of nine respected authors including policymakers, academics and members of government and multilateral institutions such as the Reserve Bank of India and the Asian Development Bank
- Explores the feasibility of separating debt management from monetary authority in India
- Offers a pointed discussion on the merits and demerits of the separation of debt from monetary management, and the independence of central banks
- Provides valuable insights for practitioners and policymakers, especially those working in government and central banks across the world, particularly in emerging markets
- Includes supplementary material: sn.pub/extras
Part of the book series: India Studies in Business and Economics (ISBE)
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Table of contents (10 chapters)
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Front Matter
About this book
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.
Editors and Affiliations
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Indian Institute of Management Bangalore (IIMB), Bengaluru, India
Charan Singh
About the editor
Bibliographic Information
Book Title: Public Debt Management
Book Subtitle: Separation of Debt from Monetary Management in India
Editors: Charan Singh
Series Title: India Studies in Business and Economics
DOI: https://doi.org/10.1007/978-81-322-3649-8
Publisher: Springer New Delhi
eBook Packages: Economics and Finance, Economics and Finance (R0)
Copyright Information: Springer India 2016
Hardcover ISBN: 978-81-322-3647-4Published: 25 November 2016
Softcover ISBN: 978-81-322-3878-2Published: 29 June 2018
eBook ISBN: 978-81-322-3649-8Published: 02 November 2016
Series ISSN: 2198-0012
Series E-ISSN: 2198-0020
Edition Number: 1
Number of Pages: XXI, 211
Number of Illustrations: 35 b/w illustrations
Topics: Public Economics, Finance, general, Macroeconomics/Monetary Economics//Financial Economics