Financial Scenario of India Under Globalisation

Contents: Preface. 1. Effect of globalisation on developing countries. 2. Financial globalization and macroeconomic volatility. 3. Internal financial mobilisation procedures in India. 4. India\'s primary deficit and interest payments burden. 5. Impact of trade liberalization on Indian financial sector. Bibliography.

"Financial sector in India has been underwent radical changes since 1991. The government has taken up various measures to improve the financial position from its backdrop. The government activated measures like interest rate and monetary reforms to attract free inflow of Foreign Capital and Foreign Direct Investment. This book tries to bring out a real financial picture of our economy after the liberalization policy followed in India. It also gives a clear cut picture of financial and monetary scenario." (jacket)