Inflation Targeting India: Select Issues
Published By: IIMB on eSS | Published Date: June, 01 , 2014The adoption of inflation targeting in India has been a much debated topic which also becomes a challenge for the emerging economy. Though inflation targeting has already been adopted in many emerging and advanced countries, acceptability in India is a matter of concern. The paper argues that an emerging country like India needs to consider the composition of consumer price index; state of macro econometric models; and young demographics, unemployment rate and lack of social security before adopting inflation targeting.
Author(s): Charan Singh | Posted on: Jun 18, 2015 | Views() | Download (636)