India : Selected Issues

1INDEA2006002 Image
Price:  $15.00

Release Date: © February, 2006
ISBN : 978-1-45181-863-5
Stock #: 1INDEA2006002
English
Stock Status: On back-order

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Description

This Selected Issues paper for India reports that rapid growth is presenting new challenges to macroeconomic policy, although ensuring the sustainability of this growth requires broad-based fiscal and structural reforms. Higher world oil prices present risks in both the near and medium term. In the short-term, higher oil prices combined with robust domestic demand threaten to push inflation higher. Over the longer-term, permanently higher oil prices can depress growth and widen fiscal imbalances, in particular if the economy is not allowed to adjust to new price levels.

Taxonomy

Competition , Economic policy , Inflation , International trade , Monetary policy




More publications in this series: IMF Staff Country Reports