The beginning of 20th century witnessed the failure of socialistic pattern of society. It is mainly due to too much emphasis on welfare and equity objective in the place of efficiency and economic growth. In the short run, the policy of emphasis on welfare and equity at the cost of efficiency and growth succeeded but failed in the long-run. Thus led to introduction of economic reforms which will integrate the nations at global level and it will improve efficiency ...
Finance is an engine of economic growth and its importance in increasing day by day. Since, economic reforms has been formulated, its role further strengthened. Unless, it is managed properly, it may create havoc in the society. Hence, it is essential to know what are the issues in the area of finance in recent time†On this background, the present book consists of sixteen articles and addresses some of the issues in the area of monetary economics, ...