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9780815708810

The India Policy Forum 2004

by ; ;
  • ISBN13:

    9780815708810

  • ISBN10:

    0815708815

  • Format: Paperback
  • Copyright: 2004-12-29
  • Publisher: Brookings Institution Press

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Summary

The India Policy Forum (IPF) is a new annual publication dedicated to research on the contemporary Indian economy. It provides a forum for addressing the scope, speed, and desirability of economic reforms within India and their fundamental impacts on the country's social and economic welfare. The IPF aims to nurture a global network of scholars interested in India's economic transformation. A joint publication of the National Council of Applied Economic Research in India and the Brookings Institution in the United States, the IPF provides a bridge between researchers in India and abroad. This inaugural issue contains highlights from a conference held in New Delhi in March 2004. Topics include: India's Trade Reform: Progress, Impact, and Future Strategy Should a U.S.-India Free Trade Agreement Be Part of India's Trade Strategy? Foreign Inflows and Macroeconomic Policy in India India's Experience with the Implementation of a Pegged Exchange Rate The Challenges for Capital Account Convertibility in India Banking Reform in India

Table of Contents

Editors' Summary vii
ARVIND PANAGARIYA
India's Trade Reform
Comments by M. Govinda Rao and Pranab Bardhan
58(4)
General Discussion
62(7)
ROBERT Z. LAWRENCE and RAJESH CHADHA
Should a U.S.-India FTA Be Part of India's Trade Strategy?
69(66)
Comments by Shankar Acharya and Kenneth Kletzer
123(6)
General Discussion
129(6)
VIJAY JOSHI and SANJEEV SANYAL
Foreign Inflows and Macroeconomic Policy in India
135(54)
Comments by John Williamson and Arvind Virmani
180(5)
General Discussion
185(4)
ILA PATNAIK
India's Experience with a Pegged Exchange Rate
189(38)
Comments by Rajnish Mehra and Indira Rajaraman
217(8)
General Discussion
225(2)
KENNETH M. KLETZER
Liberalizing Capital Flows in India: Financial Repression, Macroeconomic Policy, and Gradual Reforms
227(50)
Comments by Stanley Fischer and Surjit S. Bhalla
264(6)
General Discussion
270(7)
ABHIJIT V. BANERJEE, SHAWN COLE, and ESTHER DUFLO
Banking Reform in India
277
Comment by Urjit R. Patel
324(5)
General Discussion
329

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