The Global Financial Crisis and the Indian Economy

  • B. L. Pandit

Table of contents

  1. Front Matter
    Pages i-xi
  2. B. L. Pandit
    Pages 1-4
  3. The Systemic Issues of the Global Crisis

    1. Front Matter
      Pages 5-5
    2. B. L. Pandit
      Pages 7-21
  4. Global Crisis and Indian Economy

    1. Front Matter
      Pages 49-49
    2. B. L. Pandit
      Pages 107-136
    3. B. L. Pandit
      Pages 137-139
  5. Back Matter
    Pages 141-142

About this book

Introduction

After tracing the causes of the global financial crisis, the book focuses on two fundamental systemic issues connected with its manifestation: financial-sector regulation and the problem of the dollar-centric international monetary system, both of which have been widely cited among the important factors leading to the 2008 financial crisis. The important analytical question of monetary policy transmission during the crisis is discussed in depth with the help of appropriate econometric models. The effectiveness of India’s monetary policy during the crisis is examined by specifying an econometric model, and the impact of the crisis on the Indian stock market is modelled on the basis of risk-enhancing and risk-mitigating features. In closing, the impact of the crisis on real sectors of the Indian economy is analysed in detail.

Keywords

Financial Crisis Indian Economy International Finance Monetary Policy Stock Market Behaviour

Authors and affiliations

  • B. L. Pandit
    • 1
  1. 1.Department of EconomicsUniversity of Delhi Delhi School of Economics (DSE)New DelhiIndia

Bibliographic information

  • DOI https://doi.org/10.1007/978-81-322-2395-5
  • Copyright Information Springer India 2015
  • Publisher Name Springer, New Delhi
  • eBook Packages Business and Economics
  • Print ISBN 978-81-322-2394-8
  • Online ISBN 978-81-322-2395-5
  • About this book