Critique of the new consensus macroeconomics and implications for India /
نام عام مواد
[Book]
نام نخستين پديدآور
Dilip M. Nachane.
وضعیت نشر و پخش و غیره
محل نشرو پخش و غیره
New Delhi :
نام ناشر، پخش کننده و غيره
Springer,
تاریخ نشرو بخش و غیره
[2018]
مشخصات ظاهری
نام خاص و کميت اثر
1 online resource
فروست
عنوان فروست
India Studies in Business and Economics,
شاپا ي ISSN فروست
2198-0012
یادداشتهای مربوط به مندرجات
متن يادداشت
New Consensus Macroeconomics(NCM): Theory -- NCM: Macroeconomic Policy Implications -- NCM : Implications for Regulation -- NCM : Role of Finance in Long-term Development -- Anatomy of Global Crisis -- Theoretical Critiques of the NCM -- Macroeconomic Policy Consequences of the NCM Critiques -- NCM Critiques : Regulatory Implications -- India's Regulatory Response to the Crisis -- Re-assessing the Role of Finance in the Economy -- India's Roadmap for Future Development of Financial Sector.
بدون عنوان
0
یادداشتهای مربوط به خلاصه یا چکیده
متن يادداشت
The thought-provoking book presents alternative viewpoints to mainstream macroeconomic theory, questions conventional policy wisdom and suggests a systematic re-orientation of current macroeconomic and financial regulatory policies in India. The New Consensus Macroeconomics (NCM), which established itself in the 1980s as mainstream macroeconomics, essentially represents an "uneasy truce" between two dominant schools of economic thought viz. New Classical and Neo-Keynesian economics. The NCM sets the tone for much of the macroeconomic (especially monetary) policy followed by the advanced economies in the period of the Great Moderation (1990-2005). The recent global crisis has posed a major challenge to the NCM as empirical models based on the NCM failed to anticipate the occurrence of the crisis and later its extent and severity. The above considerations constitute the underpinnings of this book, which addresses the theoretical controversies within a general context and their policy implications for India. The authors' analysis leads to a somewhat critical assessment of the financial sector policies followed in India since the initiation of reforms in 1991. This makes the book a valuable resource not only for researchers working in this area, but also for policy makers. "The book is a unique and unparalleled treatment of a complex subject by an eminent economist, which is a must read for academicians, policy makers and financial market participants. It reflects the author's acknowledged command over the theory and practice of economic policies globally, and his decades of involvement in research and policy in India in the areas of money and finance. The book should prove of immense contemporary value in India, where money and finance are currently under stress."--Dr. Y.V. Reddy, Former Governor, Reserve Bank of India "Following the Global Financial Crisis of 2008, the basic tenets of mainstream macroeconomics have been increasingly questioned. Dilip Nachane's authoritative book provides an insightful survey of the debates in modern macroeconomics. The sweep of the book is remarkable, from Marxian and Austrian economics to the New Consensus Macroeconomics. The book is a must-read for all scholars and students of economics"--Dr. Kunal Sen, Professor of Development Economics, University of Manchester, UK; and Director-Designate of UNU-WIDER. "Professor Dilip Nachane has achieved a unique feat. He elucidates the emergence and the content of the New Consensus Macroeconomics, the post-crisis critiques of it from a spectrum of perspectives encompassing the Austrian, the Post-Keynesian, the Minskyan, and the Marxist, and the hard lessons learnt from the crisis by the policy makers. Arguing the need for monetary and financial stability for economic growth and social welfare, he critically analyses the macroeconomic policies and the institutional and political economy aspects of financial liberalization for achieving this purpose, in the context of India."--Prof. Vikas Chitre, Former director, Gokhale Institute of Politics & Economics, Pune, India.--
یادداشتهای مربوط به سفارشات
منبع سفارش / آدرس اشتراک
Springer Nature
شماره انبار
com.springer.onix.9788132239208
ویراست دیگر از اثر در قالب دیگر رسانه
عنوان
Critique of the new consensus macroeconomics and implications for India.
شماره استاندارد بين المللي کتاب و موسيقي
9788132239185
موضوع (اسم عام یاعبارت اسمی عام)
موضوع مستند نشده
Macroeconomics.
موضوع مستند نشده
Development economics.
موضوع مستند نشده
Economics.
موضوع مستند نشده
Macroeconomics.
نام جغرافیایی به منزله موضوع
موضوع مستند نشده
India, Economic policy, 2016-
بدون عنوان
0
مقوله موضوعی
موضوع مستند نشده
BUS039000
موضوع مستند نشده
KCB
موضوع مستند نشده
KCB
موضوع مستند نشده
KCBM
رده بندی ديویی
شماره
339
رده بندی کنگره
شماره رده
HC435
.
4
نشانه اثر
.
N33
2018
نام شخص به منزله سر شناسه - (مسئولیت معنوی درجه اول )