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Introduction

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Exploring What Drives Indian Stock Market During Covid-19

Part of the book series: SpringerBriefs in Economics ((BRIEFSECONOMICS))

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Abstract

In this chapter we first discuss the role of the stock market in the debate on the role of financial development on economic growth. We discuss some studies which show that stock market played some positive role in promoting economic growth in many countries specially in the developed ones. We also discuss some studies which put forward some dissenting arguments and show that stock market is harmful for the developing countries. Then we present a brief overview of the stock market development in India since the economic reforms in 1991. Finally we present the structure of the book discussing the contents of each chapter in greater detail

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Notes

  1. 1.

    Even if we go back to David Hume (1752), we find the discussion about the operation of ‘cash credit’ which Hume calls ‘bank credit’ or ‘paper credit’, in an opulent economy.

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Authors and Affiliations

  1. Institute of Development Studies Kolkata (IDSK), Kolkata, India

    Indrani Chakraborty

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  1. Indrani Chakraborty
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Correspondence to Indrani Chakraborty .

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Chakraborty, I. (2023). Introduction. In: Exploring What Drives Indian Stock Market During Covid-19. SpringerBriefs in Economics. Springer, Singapore. https://doi.org/10.1007/978-981-19-8001-5_1

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