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Inflation and Growth: Evidence from India.
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Местонахождение: Алматы | Состояние экземпляра: новый |
Бумажная
версия
версия
Автор: Prakash Singh
ISBN: 9783843376969
Год издания: 2014
Формат книги: 60×90/16 (145×215 мм)
Количество страниц: 132
Издательство: LAP LAMBERT Academic Publishing
Цена: 36414 тг
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Аннотация: The debate about the relationship between inflation and growth has always found importance in the macroeconomic literature. This debate becomes crucial and relevant in the Indian context since the current economic crisis is taking a toll in the minds of both academicians and policy makers. The present study is an attempt to reassert the nexus between inflation and growth, albeit in a new dynamism. Inflation not only reduces investment by reduction in returns but also through increase in cost of labor. It distorts the market by providing wrong signals in relation to general price increase. Inflation may also reduce a country’s international competitiveness, by making its exports relatively more expensive, thus impacting on the balance of payments and then again the growth also through putting hold back on export led growth channel. The adverse effects of high level of inflation and volatility in inflation are mostly on those whose incomes are not indexed to price change.
Ключевые слова: Growth, Inflation, Growth, Threshold level of Inflation, Seigniorage, Inflation Uncertainty