000 01348nam a22001577a 4500
999 _c25415
_d25415
020 _a9781107191273
082 _a339.5230954
_bSIN-D
100 _aSingh, Charan
245 _aDebt management in India
260 _aNew Delhi
_bCambridge University Press
_c2018
300 _ax, 296p.
504 _aIncluded Bibliography and Index
520 _aThis book is a comprehensive analysis of the implications of rising public debt in India. It specifically investigates the implications of domestic debt on consumption, the effect of monetised debt on prices, the long-term relationship between domestic debt and growth, and the separation of debt and monetary management. It studies data on debt in India from 1951 to 2017, and covers a wide canvas of issues related to debt management and important developments in the government securities market. It discusses trends in domestic debt, and provides a descriptive review of the major components of public debt. The book presents a close theoretical discussion on the Ricardian equivalence hypothesis, an important concept both historically and in contemporary literature on public debt. The implications of domestic debt delineated in the objectives are empirically analysed.
650 _aEconomic development
_vRational expectations (Economic theory)
_vDebts, Public
_zIndia
942 _2ddc
_cBK