The Reserve Bank of India’s trilemma choice: A tale of five governors
By: Sen, A., Samantaraya, A. and Sensarma, R
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Material type: 
BookPublisher: Economic and Political Weekly Description: 58(41). Oct 14, 2023: p.17-22.Subject(s): Financial Management o Financial Institutions Financial Services Industry (Used for Mutual Funds, etc.)
In:
Economic and Political WeeklySummary: The Reserve Bank of India, like most central banks, has to choose between the three corners of the impossible trinity, that is, free capital flows, monetary policy independence and exchange rate stability. This article uses the Aizenman et al (2008) framework to analyse the trilemma choice of the RBI over 2000–22. The results provide interesting insights into the RBI’s shifting position in managing the impossible trinity over the years.- Reproduced
https://www.epw.in/journal/2023/41/commentary/reserve-bank-indias-trilemma-choice.html
| Item type | Current location | Call number | Vol info | Status | Date due | Barcode |
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Articles
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Indian Institute of Public Administration | 58(41). Oct 14, 2023: p.17-22 | Available | AR130948 |
The Reserve Bank of India, like most central banks, has to choose between the three corners of the impossible trinity, that is, free capital flows, monetary policy independence and exchange rate stability. This article uses the Aizenman et al (2008) framework to analyse the trilemma choice of the RBI over 2000–22. The results provide interesting insights into the RBI’s shifting position in managing the impossible trinity over the years.- Reproduced
https://www.epw.in/journal/2023/41/commentary/reserve-bank-indias-trilemma-choice.html
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