000 02117nam a22001697a 4500
999 _c25472
_d25472
020 _a9781107051102
082 _a339.50954
_bG20
245 _aThe G20 macroeconomic agenda
_b: India and the emerging economies
260 _aDelhi
_bCambridge University Press
_c2014
300 _axii, 304p.
504 _aIncludes contributors & Index
520 _aAs the premier forum for global economic governance, G20 was successful in warding off the global economic crisis of 2008–09 and preventing it from becoming a full-blown depression. In its wake, G20 initiated a series of financial sector reforms and managed to achieve unprecedented global cooperation, by bringing together the G7 and newly emerging economies, for improved global macroeconomic management. As the global economy recovered in 2010, G20 expanded to include a development agenda in particular, achieving food security, controlling commodity price volatility, recycling global savings to boost infrastructure investment, and enhancing energy and environmental sustainability. Despite the emergence of BRICS, there is no scholarly compendium on emerging economy concerns and perspectives set in the context of G20 reform initiatives and impasses. This book assesses the progress of the G20 with a focus on India. It discusses the role India has played in the success of the G20 process and, more importantly, delineates the possible barriers to India’s enhanced involvement in the G20, and in global governance in general. As the global economy remains mired in uncertainties ? stemming from the Euro crisis, lacklustre economic performance in the United States, and slowing of major emerging economies ? this volume fills the need for a collection of analytical research papers from the perspective of emerging economies, and takes stock of the performance of the G20 thus far. It also points towards the unresolved issues and the future course of action in global financial and macroeconomic stance.
546 _aEnglish
650 _aMacroeconomics
_aFinance
_vEconomics development
_zIndia
700 _aShome, Parthasarthi
942 _2ddc
_cBK