India : 2009 Article IV Consultation: Staff Report; Staff Statement; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for India.

Format:

Book

Government document

Author/Creator:

International Monetary Fund.

Contributor:

International Monetary Fund.

Series:

IMF Staff Country Reports; Country Report ; No. 2010/073

IMF Staff Country Reports

Language:

English

Subjects (All):

International Monetary Fund--India.

International Monetary Fund.

Monetary policy--India.

Monetary policy.

Fiscal policy--India.

Fiscal policy.

India--Economic conditions.

India.

India--Economic policy.

Physical Description:

1 online resource (75 p.)

Place of Publication:

Washington, D.C. : International Monetary Fund, 2010.

Language Note:

English

Summary:

This 2009 Article IV Consultation highlights that India’s medium-term growth prospects remain bright. Prompt fiscal and monetary easing, combined with the fiscal stimulus already in the pipeline and the return of risk appetite in financial markets, have brought growth close to pre-crisis levels. Risks to a favorable outlook stem primarily from difficulties in implementing productivity-enhancing reforms and continued supply bottlenecks. Executive Directors have congratulated the authorities on their strong record of sound macroeconomic policies and decisive actions leading to India’s early and vigorous recovery from the global crisis.

Contents:

Cover; Table of Contents; I. Staff Appraisal and Summary; II. Context: On Track to Return to Rapid Growth; III. Policies: The Exit Strategy and Key Reforms; A. Monetary and Exchange Rate Policy: A Balancing Act; B. Financial Policies: A More Growth-Oriented Financial System; C. Fiscal Policy: "Fiscal Consolidation is Imperative"; Tables; 1. Millennium Development Goals, 1990-2007; 2. Selected Economic Indicators, 2005/06-2010/11; 3. Balance of Payments, 2005/06-2010/11; 4. Reserve Money and Monetary Survey, 2005/06-2009/10; 5. Central Government Operations, 2005/06-2009/10

6. General Government Operations, 2005/06-2009/107. Macroeconomic Framework, 2005/06-2013/14; 8. Indicators of External Vulnerability, 2004/05-2009/10; 9. Indicators of Financial System Soundness, 2004/05-2008/09; Appendices; 1. India's Recovery in Perspective; 2. Economic Outlook; 3. Outlook for Capital Inflows; 4. Inflation: Developments and Outlook; 5. Monetary Conditions, Corporate Funding and Asset Prices; 6. Technical Note on DSGE Model; 7. Financial Stability of the Indian Banking System; 8. Financial Sector Reforms: A focus on Infrastructure Financing

9. Foreign Participation in Emerging Markets Local Currency Bond Markets10. Fiscal Issues; 11. Public Debt Target; Contents; I. Medium-Term Public Debt Sustainability Analysis; II. Medium-Term External Debt Sustainability Analysis; III. Relations with the Fund; IV. Relations with the World Bank Group; V. Relations with the Asian Development Bank; VI. Statistical Issues

Notes:

"Prepared by the Staff Representatives for the 2009 Article IV Consultation ; approved by Kalpana Kochhar and Tamim Bayoumi."

"March 2010."

Description based on print version record.

ISBN:

9786613881397

9781455243013

1455243019

9781452798899

1452798893

9781283568944

1283568942

9781451985948

1451985940