Constitution and Erosion of a Monetary Economy
Problems of India's Development since Independence| By: | Waltraud Schelkle |
| Publisher: | Taylor & Francis |
| Print ISBN: | 9780714641386 |
| eText ISBN: | 9781135778132 |
| Edition: | 1 |
| Copyright: | 1994 |
| Format: | Reflowable |
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Ever since Shaw and McKinnon published their path-breaking works on financial development in 1973, there has been extensive research on the effects of monetary and financial policies on economic growth of developing countries. This book puts forward a new paradigm of monetary development theory along Keynesian lines. The approach is substantiated by providing a fresh perspective on India's economic development after Independence.