India : Selected Issues Paper

Author/Editor:

International Monetary Fund. Asia and Pacific Dept

Publication Date:

March 11, 2015

Electronic Access:

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Summary:

This Selected Issues paper examines how surges in global financial market volatility spill over to emerging market economies (EMs) including India. The results suggest that a surge in global financial market volatility is transmitted very strongly to key macroeconomic and financial variables of EMs, and the extent of its pass-through increases with the depth of external balance-sheet linkages between advanced countries and EMs. The paper also looks at food inflation, which has often been singled out as a key driver of India’s high and persistent inflation.

Series:

Country Report No. 15/62

Subject:

English

Publication Date:

March 11, 2015

ISBN/ISSN:

9781498316200/1934-7685

Stock No:

1INDEA2015002

Price:

$18.00 (Academic Rate:$18.00)

Format:

Paper

Pages:

77

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