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Public Debt Management

Separation of Debt from Monetary Management in India

  • Charan Singh

Part of the India Studies in Business and Economics book series (ISBE)

Table of contents

  1. Front Matter
    Pages i-xxi
  2. Charan Singh
    Pages 1-7
  3. Peeyush Srivastava
    Pages 23-39
  4. Ritvik Pandey
    Pages 41-55
  5. Vijay Singh Chauhan
    Pages 57-66
  6. Charan Singh
    Pages 67-91
  7. Benno Ferrarini, Arief Ramayandi
    Pages 131-192
  8. Charan Singh
    Pages 193-211

About this book

Introduction

This book examines the objectives of public debt management and the re-emerging issue of separating monetary policy formulation from fiscal and debt management. The recent Great Recession has resulted in a rethink of the objectives and working of macroeconomics, and in many countries, including India, has led to the scope of fiscal operations being expanded and debt-to-GDP ratios increasing significantly. Consequently, debt management has encountered considerable difficulties, and the need for coordination between monetary and debt management has assumed greater significance. The book discusses the important issue of the independence of central banks and the need for coordination between debt managers, monetary authorities and finance ministries if debt operations are separated from monetary management.

Keywords

Cash Management System Cost of Borrowing Public Debt Management Risk Management Independence of Central Bank Monetary Policy

Editors and affiliations

  • Charan Singh
    • 1
  1. 1.Indian Institute of Management Bangalore (IIMB)BengaluruIndia

Bibliographic information

  • DOI https://doi.org/10.1007/978-81-322-3649-8
  • Copyright Information Springer India 2016
  • Publisher Name Springer, New Delhi
  • eBook Packages Economics and Finance
  • Print ISBN 978-81-322-3647-4
  • Online ISBN 978-81-322-3649-8
  • Series Print ISSN 2198-0012
  • Series Online ISSN 2198-0020
  • Buy this book on publisher's site