Description

The Asian currency and financial crisis has had far-reaching effects on the regional economies and their trading partners. These effects have threatened to wash away the regions significant social and economic advances achieved during the preceding years of rapid growth. The crisis has also unveiled many intricate problems and challenges in macroeconomic management, banking and capital markets management, institutional capacity, and governance of the financial systems in the region.

Contents

• Foreword
• Preface
• Indian Macroeconomic Management: At the Crossroads Between Government and Markets[
• The Indian Banking Sector: On the Road to Progress
• Indian Capital Market: Recent Developments and Policy Issues