ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

A+| A| A-

Rupee Devaluation Real Issues

Rupee Devaluation: Real Issues N Jadhav STRUCTURAL imbalances such as, fiscal deficit or balance of payments deficit, cannot be allowed to be perpetuated for ever. Sooner or later they have to be corrected through a. package of policy initiatives commonly referred to as a macroeconomic adjustment' programme. In the present era of the generalised floating of the major currencies, exchange rate adjustment is often assigned a prominent role in such a package of reforms.

To read the full text Login

Get instant access

New 3 Month Subscription
to Digital Archives at

₹826for India

$50for overseas users

Comments

(-) Hide

EPW looks forward to your comments. Please note that comments are moderated as per our comments policy. They may take some time to appear. A comment, if suitable, may be selected for publication in the Letters pages of EPW.

Back to Top