India: Selected Issues

February 21, 2006

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India: Selected Issues, (USA: International Monetary Fund, 2006) accessed September 18, 2024

Summary

This Selected Issues paper for India reports that rapid growth is presenting new challenges to macroeconomic policy, although ensuring the sustainability of this growth requires broad-based fiscal and structural reforms. Higher world oil prices present risks in both the near and medium term. In the short-term, higher oil prices combined with robust domestic demand threaten to push inflation higher. Over the longer-term, permanently higher oil prices can depress growth and widen fiscal imbalances, in particular if the economy is not allowed to adjust to new price levels.

Subject: Commodities, Credit, Financial institutions, Inflation, Loans, Money, Oil, Oil prices, Prices

Keywords: Africa, Asia and Pacific, Borrowing regime, Country authorities, CR, Credit, Credit growth, Global, Government, Government of India, India, Inflation, Inflation differential, ISCR, Liberalization, Loans, Oil, Oil price, Oil prices, Price, Price liberalization, State

Publication Details

Pages:

74
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2006/056
Stock No:

1INDEA2006002
ISBN:

9781451818635
ISSN:

1934-7685

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