Constitution and Erosion of a Monetary Economy

Constitution and Erosion of a Monetary Economy

Author: Waltraud Schelkle
Publisher: Taylor & Francis
Edition: 1
Published date: 2005
ISBN: 9780714641386

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Ever since Shaw and McKinnon published their path-breaking works on financial development in 1973, there has been extensive research on the effects of monetary and financial policies on economic growth of developing countries. This book puts forward a new paradigm of monetary development theory along Keynesian lines. The approach is substantiated by providing a fresh perspective on India's economic development after Independence.

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