TINA, India and 25 Years of Economic Liberalisation

10 Pages Posted: 9 Jun 2016 Last revised: 19 Jun 2016

Date Written: June 5, 2016

Abstract

Although India has been ‘reforming’ since 1991, almost nobody seems to be satisfied with either the progress or the outcome. The reformers need to put the economy’s long-term interests above financial sector short-termism, reorganise the domestic financial system to keep credit productive and debate if a bank lends existing money or newly creates the money it lends, as the answer has major implications for monetary and fiscal policies, as well as for financial sector reforms.

Keywords: Neoliberalism

JEL Classification: A00

Suggested Citation

Oncu, T. Sabri, TINA, India and 25 Years of Economic Liberalisation (June 5, 2016). Available at SSRN: https://ssrn.com/abstract=2790529 or http://dx.doi.org/10.2139/ssrn.2790529

T. Sabri Oncu (Contact Author)

SoS Economics ( email )

Cengelkoy Maslagi Sokak
No 10
Istanbul, 34680
Turkey
+90 538 378 5722 (Phone)

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