Author: Nidhi JainPublisher: Anmol PublicationsYear: 2002Language: EnglishPages: 304ISBN/UPC (if available): 8126111119
The process to restructure Indian financial system launched since 1991 has been accompanied by a surge of financial particularly private flows.The present book attempts to study the impact of international financial flows particularly private flows on Indian financial system.Driven by a number of internal and external factors these private financial flows pose risks to financial systems. Several countries that have received substantial financial flows have faced costly banking crises. Based on the analysis of data, the book attempts to spell out what restructuring is need in Indian financial system to attract and sustain inflows and to avert the risks posed by inflows to India. It holds various policy implications to restructure Indian financial system in response to financial flows and should be of interest to policy makes and academicians.This book intends to enlighten the readers regarding: 1.Changing nature and composition of international financial flows.2.Issues / Concerns raised by private, international flows.3.Trends in private non-debt flows to India since 1990s. 4.Empirical work on impact of financial flows on financial system.5.Indian initiatives to restructure its capital market and banking sector in 1990s.6.Policy implications on restructuring Indian financial system in response to private financial flows.