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Globalization and the Indian Economy: Roadmap to a Convertible Rupee

Globalization and the Indian Economy: Roadmap to a Convertible Rupee

Paperback

Series: Routledge Studies in the Growth Economies of Asia

EconomicsInvesting & Finance

ISBN10: 0415544815
ISBN13: 9780415544818
Publisher: Routledge
Published: Jun 8 2009
Pages: 258
Weight: 0.81
Height: 0.55 Width: 6.14 Depth: 9.21
Language: English

This book examines the impact of globalization on the Indian economy, exploring the trade, investment and financial aspects of globalization, and also considering its implications for the balance of payments and currency exchange rate.

The first part of the book deals with the evolution of the philosophy of globalization and its impact on exchange rates, global liquidity, currency markets, and global trade and payments. It highlights the catalytic role played by the US in driving the globalization process, and provides detailed analysis of the evolution of the international monetary system to illustrate current processes of globalization. Furthermore, a critical discussion of the Asian financial crisis of 1997 is presented as well as the lessons that have emerged from the crisis.

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