India: Selected Issues
February 4, 2008
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This paper presents background information to the assessment of competitiveness and exchange rate policy in India, as well as challenges to monetary policy from financial globalization. This paper discusses the role of communication in enhancing the effectiveness of monetary policy and strengthening the financial system in India. Currency derivatives can provide important benefits for financial systems. This paper aims to document the extent to which Indian growth has benefited the bottom of the income distribution and how India can achieve significantly better social outcomes.
Subject: Currencies, Currency markets, Derivative markets, Exchange rates, Financial markets, Foreign exchange, Income distribution, Money, National accounts, Poverty
Keywords: Africa, Asia and Pacific, CR, Currencies, Currency markets, Derivative markets, East Asia, estimation result, exchange rate, Exchange rates, export performance, firm, Global, growth incidence curve, Income distribution, India, ISCR, market, market participant, Middle East, nonfinancial firm, North Africa, North America
Pages:
148
Volume:
2008
DOI:
Issue:
052
Series:
Country Report No. 2008/052
Stock No:
1INDEA2008002
ISBN:
9781451947502
ISSN:
1934-7685
