000			01476 a2200217 4500
005			20181210131832.0
008			181210b xxu||||| |||| 00| 0 eng d
020			_a9781107191273
040			_cIIT Kanpur
041			_aeng
082			_a339.5230954 _bSi64d
100			_aSingh, Charan
245			_aDebt management in India _cCharan Singh
260			_aCambridge _bCambridge University Press _c2018
300			_ax, 296p
520			_aThis book is a comprehensive analysis of the implications of rising public debt in India. It specifically investigates the implications of domestic debt on consumption, the effect of monetised debt on prices, the long-term relationship between domestic debt and growth, and the separation of debt and monetary management. It studies data on debt in India from 1951 to 2017, and covers a wide canvas of issues related to debt management and important developments in the government securities market. It discusses trends in domestic debt, and provides a descriptive review of the major components of public debt. The book presents a close theoretical discussion on the Ricardian equivalence hypothesis, an important concept both historically and in contemporary literature on public debt. The implications of domestic debt delineated in the objectives are empirically analysed.
650			_aEconomic development -- India
650			_aRational expectations (Economic theory)
650			_aRicardo, David, 1772-1823
942			_cBK
999			_c559867 _d559867