Franklin

India [electronic resource] : Recent Economic Developments.

Author/Creator:
International Monetary Fund
Publication:
Washington, D.C. : International Monetary Fund, 1995.
Series:
IMF eLibrary
IMF Staff Country Reports; IMF Staff Country Report No. 95/86.
IMF Staff Country Reports; IMF Staff Country Report No. 95/86
Format/Description:
Government document
Book
1 online resource (68 p.)
Local subjects:
Accrued interest.
Bond issues.
Call money.
Capital accounts.
Capital employed.
Capital flows.
Capital formation.
Capital goods.
Capital inflows.
Capital market.
Capital market reforms.
Capital spending.
Capital standards.
Commercial bank loans.
Commercial banks.
Consumer price index.
Convertible bonds.
Corporate tax.
Current account balance.
Current account deficit.
Debt service.
Depreciation allowances.
Direct investment.
Domestic capital.
Domestic capital formation.
Domestic credit.
Domestic investment.
Equity investments.
Equity participation.
Fixed capital.
Foreign companies.
Foreign currency.
Foreign direct investment.
Foreign investment.
Government securities.
Gross capital formation.
Gross fixed capital formation.
Import license.
Inflation rate.
Interest payments.
Investment income.
Investors.
Joint ventures.
Net foreign assets.
Nonperforming assets.
Onlending.
Private capital.
Private capital inflows.
Private investment.
Real effective exchange rate.
Securities market.
Stock exchange.
Stock exchanges.
Stock market.
Subsidiaries.
Tax policy.
Tax revenue.
Taxable income.
India.
Summary:
This paper describes economic developments in India during the 1990s. Since late 1993/94, economic activity has expanded rapidly. Fiscal policy was relaxed substantially in 1993/94, a move that was only partly reversed in 1994/95. Like some other emerging markets, India experienced a surge of capital inflows, which contributed to a loosening of monetary conditions, notwithstanding efforts by the Reserve Bank to tighten monetary policy. With increased confidence and greater access to foreign financing, private investment has increased sharply. On the structural side, the authorities have continued to press ahead with reforms in a number of areas.
Notes:
Description based on print version record.
Contributor:
International Monetary Fund
Other format:
Print Version:
ISBN:
1451818513:
9781451818512
ISSN:
1934-7685
Publisher Number:
10.5089/9781451818512.002
Access Restriction:
Restricted for use by site license.
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