Monday, December 15, 2008

Economic reforms

Macroeconomics of Post-reform India
Mihir Rakshit
( )

Globalisation’s volatility

While formulating a budgetary programme, it is essential to select carefully the primary instruments of fiscal policy rather than focus exclusively on intermediate targets like ratios of revenue and fiscal deficit to GDP, says Mihir Rakshit in Macroeconomics of Post-reform India.


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