The Future of Financial Liberalization in South Asia
Published By: IGIDR on eSS | Published Date: November, 14 , 2010The paper defines financial liberalization, distinguishing between liberalization of domestic financial
markets and capital account convertibility. It then examines the stages and the strategy of Indian
financial reform. The Indian strategy followed a well thought out sequence whereby full capital account
liberalization was to come after deepening domestic markets, and improving government finances. One
alone is dangerous without the others. [WP-2010-22].
Author(s): Ashima Goyal | Posted on: Dec 14, 2010 | Views(1122) | Download (185)