Subtleties in the Standoff
Subtleties in the Standoff
Author(s): Romar Correa, Amelia CORREASubject(s): Economic policy, Government/Political systems, Financial Markets
Published by: Ahmet Arif Eren
Keywords: A Quantity Trap;
Summary/Abstract: We reflect on the issues raised by the recent faceoff between the Reserve Bank of India (RBI) and the Indian government over the short-term interest rate. Our conclusion is that the policy space must be enlarged and the set of outcomes specified in order for meaningful dialogue to be conducted between the two entities.
Journal: Fiscaoeconomia
- Issue Year: 2/2018
- Issue No: spec. 1
- Page Range: 167-175
- Page Count: 9
- Language: English
