{"product_id":"implications-of-capital-account-openness-for-indian-economy-von-lekshmi-r-nair","title":"Implications of Capital Account Openness for Indian Economy","description":"\u003cp\u003eIn the ongoing debates on the required degree of  capital account openness in India, a critical  assessment of its success so far needs to be  empirically verified within the country  specificities. Such a study is missing in the Indian  context. This book tries to fill this gap. More  specifically the implications of capital account  openness are examined in the framework of the  institutional and policy changes in India. In the  Indian context, further phase-by-phase  liberalization of transactions seems to be justified  for better positive outcomes on macro volatility and  for the disciplining effect.  In this context, our  study shows that the monetary and fiscal frameworks  need to be stabilized before further opening up  capital account. This book should be particularly  useful to the researchers and policy makers not only  in India but also to those in other developing  nations undergoing similar process of liberalization.\u003c\/p\u003e\u003cdiv class=\"aw-variant-hidden-subtitle-div\" id=\"aw-variant-subtitle-9783838397337\"\u003e\u003ch3\u003eAn Empirical Study\u003c\/h3\u003e\u003c\/div\u003e","brand":"Autorenwelt Shop","offers":[{"title":"Softcover - 9783838397337","offer_id":39486571118685,"sku":"9783838397337","price":68.0,"currency_code":"EUR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0940\/0622\/files\/c4678715-d448-45af-aeaf-53f29d2a4c2c.jpg?v=1776232748","url":"https:\/\/shop.autorenwelt.de\/products\/implications-of-capital-account-openness-for-indian-economy-von-lekshmi-r-nair","provider":"Autorenwelt Shop","version":"1.0","type":"link"}