000			01780 a2200193 4500
999			_c1692 _d1692
003			OSt
005			20190424173622.0
008			190424b ||||| |||| 00| 0 eng d
020			_a9781107191273
040			_cIIMV
082	0		_a339.5230954
100	1		_a Charan Singh _eAuthor _91074
245	0		_aDebt Management in India _cby Charan Singh
260			_bCambridge University Press _aNew Delhi _c2018
300			_ax 296 pages; _billustrations: _c24 cm.
505	0		_aList of Tables and Figures; Preface; 1. Introduction 2. Public Debt in India 3. Ricardian Equivalence: Introduction 4. Ricardian Equivalence: Empirical Studies Utilising Consumption Function 5. Ricardian Equivalence and Consumption in India 6. Monetisation of Debt in India 7. Domestic Debt and Economic Growth in India 8. Separation of Debt from Monetary Management 9. Conclusions and Policy Implications
520	3		_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, effect of monetised debt on prices, long term relationship between domestic debt and growth, and 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 provides a descriptive review of the major components of public debt. It 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.
942			_2ddc _cBK