Overview

This book provides a commentary on recent financial policies covering macroeconomic perspectives, monetary-fiscal policies, external sector policies, particularly exchange rate management and gold. The collection would be of interest to the general reader with broad interest in financial policies as also policymaker, opinion makers, banks and financial institutions, academics and students of finance.

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9788171889662

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Reviews

<p> An eminently readable collection of columns which contain valuable and unambiguous advice to the Reserve Bank of India--as a central bank and banking regulator--and to the government on a wide range of macroeconomic and financial sector policies. Mr. Tarapore's unique style adds to the lucidity of his argument. You may not like it always, but you cannot ignore it. --Usha Thorat, former deputy governor, Reserve Bank of India, and current director, Centre for Advanced Financial Research and Learning

A clear and incisive analysis of India's financial issues which are relevant to both policymakers and the discerning public. Mr. Tarapore draws the bottom line and you just can't ignore it. A must read. --Kishori Udeshi, former deputy governor, Reserve Bank of India, and member, Financial Sector Legislative Reforms Commission, Government of India There is no subtler, no surer means of overturning the existing basis of society than to debauch the currency. S. S. Tarapore stresses the socio-economic destruction caused by negligent fiscal-monetary policies. This work by a disciple of Jacques Rueff, the great French monetary statesman, should persuade the authorities to view the classical gold standard as an impressive tool for generating a macroeconomic climate conducive to equitable prosperity. This volume deserves close study by central banks, finance ministries, legislators, monetary-fiscal policymakers, academics as also discerning citizens--not only from India but all key and emerging economies. --Ralph Benko, weekly columnist, Forbes.com, and senior advisor, Economics to the American Principles Project, Washington DC This book provides sound, highly relevant and penetrating analyses of India's recent financial and economic policies by a hugely experienced financial expert. It makes essential reading for all concerned with India's economic future. --C. A. Yandle, former International Monetary Fund senior official An eminently readable collection of columns which contain valuable and unambiguous advice to the Reserve Bank of India--as a central bank and banking regulator--and to the government on a wide range of macroeconomic and financial sector policies. Mr. Tarapore's unique style adds to the lucidity of his argument. You may not like it always, but you cannot ignore it. --Usha Thorat, former deputy governor, Reserve Bank of India, and current director, Centre for Advanced Financial Research and Learning

"""A clear and incisive analysis of India's financial issues which are relevant to both policymakers and the discerning public. Mr. Tarapore draws the bottom line and you just can't ignore it. A must read."" --Kishori Udeshi, former deputy governor, Reserve Bank of India, and member, Financial Sector Legislative Reforms Commission, Government of India ""There is no subtler, no surer means of overturning the existing basis of society than to debauch the currency. S. S. Tarapore stresses the socio-economic destruction caused by negligent fiscal-monetary policies. This work by a disciple of Jacques Rueff, the great French monetary statesman, should persuade the authorities to view the classical gold standard as an impressive tool for generating a macroeconomic climate conducive to equitable prosperity. This volume deserves close study by central banks, finance ministries, legislators, monetary-fiscal policymakers, academics as also discerning citizens--not only from India but all key and emerging economies."" --Ralph Benko, weekly columnist, Forbes.com, and senior advisor, Economics to the American Principles Project, Washington DC ""This book provides sound, highly relevant and penetrating analyses of India's recent financial and economic policies by a hugely experienced financial expert. It makes essential reading for all concerned with India's economic future."" --C. A. Yandle, former International Monetary Fund senior official ""An eminently readable collection of columns which contain valuable and unambiguous advice to the Reserve Bank of India--as a central bank and banking regulator--and to the government on a wide range of macroeconomic and financial sector policies. Mr. Tarapore's unique style adds to the lucidity of his argument. You may not like it always, but you cannot ignore it."" --Usha Thorat, former deputy governor, Reserve Bank of India, and current director, Centre for Advanced Financial Research and Learning"

Author Information

"S. S. Tarapore is a former research officer for the Reserve Bank of India and was seconded to the International Monetary Fund. He has been a regular columnist for the ""Business Standard,"" the ""Financial Express,"" and the ""Divya Bhaskar,"" and is currently a regular columnist for the ""Hindu Business Line."""

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