( ISSN 2277 - 9809 (online) ISSN 2348 - 9359 (Print) ) New DOI : 10.32804/IRJMSH

Impact Factor* - 6.2311


**Need Help in Content editing, Data Analysis.

Research Gateway

Adv For Editing Content

   No of Download : 112    Submit Your Rating     Cite This   Download        Certificate

IMPACT OF GLOBAL FINANCIAL CRISIS ON INDIAN ECONOMY

    2 Author(s):  DR. VINOD KUMAR SINGH , DR AWADHESH KR TIWARI

Vol -  5, Issue- 2 ,         Page(s) : 497 - 510  (2014 ) DOI : https://doi.org/10.32804/IRJMSH

Abstract

The intensification of the global financial crisis has made the current economic and financial environment a very difficult time for the world economy, the global financial system and for central banks. The fall out of the current global financial crisis is mind-boggling for central banks and financial regulatory systems. Therefore this paper attempts to identify the causes of the current crisis accurately in order to find appropriate immediate crisis resolution measures and mechanisms ; then understand the differences among countries on how they are being impacted; and, finally, bring out the longer term implications for monetary policy and financial regulatory mechanisms. It analyses the causes, consequences of global financial crisis on Indian Economy and its remedies.

order cytotec buy online prescription
order online

  1. Bhattacharya, S (2009) The Lending Puzzle, The Financial Express, 6th Mar.
  2. Bernanke, Ben (2009), ?The Crisis and the Policy Response?, Stamp Lecture at London School of Economics, January 13. Available at http:/ /www.federalreserve.gov/newsevents/speech/bernanke20090113a.htm
  3. Brunnermeier, M K (2009) Deciphering the 2007-8 Liquidity and Credit Crunch,Journal of Economics Perspectives,Vol.23(1):77-100
  4. Group of Thirty (2009), ?Financial Reform: A Framework for Financial Stability?(Chairman: Paul A. Volcker), Washington D.C.
  5. Elliot, Douglas (2009) Guaranteeing Toxic assets: Choosing among Options, Washington: The Brookings Institutions
  6. Fama, E. F. (1970). Efficient Capital Markets: A Review of Theory and Empirical Work.The Journal of Finance , Vol.25 :383-417.
  7. Geneva Report (2009), ?The Fundamental Principles of Financial Regulation?, Geneva Reports on the World Economy 11 (by Markus Brunnermeier, Andrew Crocket, Charles Goodhart, Avinash D. Persaud and Hyun Shin).
  8. G-20 (2009), ?Working Group on Enhancing Sound Regulation and Strengthening Transparency (Co-Chairs: Tiff Macklem and Rakesh Mohan).
  9. Harvey, D (2006) Limits to Capital, London: Verso
  10. Haldane, Andrew (2009), ?Why Banks Failed The Stress Test??, Bank of England.
  11. Krugman, Paul(2009) ?Banking on The Brink?, International Herald Tribune,24 Feb.
  12. Merton, RC (1974)On pricing of Corporate Debt: the risk Structure of Interest rates, Journal of Finance, Vol.2: 449-70
  13. Prasad, Eswar S and Raghuram G R (2008), Financial Reforms for India, Finance and Development, Sep.24-27
  14. Rao, Govinda M (2009)The 3rd Stimulus Package and Fiscal Conundrum, Business Standard, 3rd Mar.
  15. Stiglitz, Joseph( 2008) Principles for a New Financial Architecture?, The Commission of Taylor J B (2009).The Financial Crisis and the Policy Response: an Empirical Analysis of What Went Wrong, NBER Working Papers, January
  16. www.rbi.org.in

*Contents are provided by Authors of articles. Please contact us if you having any query.






Bank Details