PPT-Macroeconomic Effects of Demonetization in India: Policy Si

KN Murty Professor Retd School of Economics University of Hyderabad Currently Adjunct Faculty CR Rao AIMSCS HCU Campus Hyderabad Email knmurtyyahoocom Introduction O n 8 November 2016 Prime Minister Sri Narendra Modi has announced the withdrawal of all currency notes of . 0 x keep the cash reserve ratio CRR of scheduled banks unchanged at 40 of net demand and time liability NDTL and x increase the liquidity provided under 7 day and 14 day term repos from 05 of NDTL of the banking system to 075 and decrease the liquid Mark . Weisbrot. , . Co-Director. Center for Economic and Policy Research. September . 24, . 2011 . Europe’s crisis, stagnation, and unemployment . are . not the result of unsustainable . borrowing. Junhui. Qian. Intermediate Macroeconomics. Content. Monetary Policy. Received . Principles. Science of Monetary Policy. Art of Monetary . Policy. Intermediate Macroeconomics. Received Principles of Monetary Policy. It’s happening, . i. t matters, and . we can do something about it.. Jared Bernstein (. bernstein@cbpp.org. ) . Ben Spielberg (. bspielberg@cbpp.org. ) . The Center on Budget and Policy Priorities. - Macroeconomic and Fiscal Framework . . Mario A. Gutierrez. Macroeconomic and Fiscal Expert. 1. Contents. Concept and Uses of a Macroeconomic Framework. Functional Relationships in Financial Programming: How it works. Flow of Funds concept.. Simon Neaime. Professor of Economics and Finance. Director, Institute of Financial Economics. American University of Beirut. IFE-FEMISE Conference: Unlocking . the Potential of the Private Sector in South Med Countries, AUB, BEIRUT, 5. The defining feature of the Indian economy over May 2014 - May 2017 has been the achievement of macroeconomic stability. Taming of inflation (supported by benign crude oil prices) coupled with controlled twin deficits – both fiscal as well as current account deficits – and stable currency are the key achievements of the past three years. . Classical Economics. Focused on long run only. Short run effects, like changes in output, were unimportant. Awareness of business cycle, but no consensus on how to respond to it. Keynesian Economics. M. . Finkler. Lecture. Goals for Macro Stability. Keep inflation low enough to not affect decision making. Keep GDP close to GDP Potential. Dual Mandate – 1977 Congressional amendment to the Federal Reserve Act. 53 Radha Bazar Lane, (1 st Floor), Kolkata – 700 001 e - mail:pradipbefi@yahoo.co.in Website: www.befi.in (Ph):033 - 2225 - 4414/2236 - 5108 (M) 94331 44271 Fax: 033 - 2236 - 5109/2242 - 06 53 Radha Bazar Lane, (1 st Floor), Kolkata – 700 001 e - mail:pradipbefi@yahoo.co.in Website: www.befi.in (Ph):033 - 2225 - 4414/2236 - 5108 (M) 94331 44271 Fax: 033 - 2236 - 5109/2242 - 06 The policy is based on the Draft National Education Policy 2019.. There are four parts of this policy . i.e. . School education . Higher education . Other key areas of focus . on . Small & Medium Enterprises. INTRODUCTION. In 2016, the Indian government decided to . demonetize. the 500 and 1000 rupee notes, the two biggest denominations in its currency system; these notes accounted for 86% of the country’s circulating cash.. african. research agenda. Dr. . Gilad Isaacs. Co-Director, Institute for Economic Justice. University of the Witwatersrand, South Africa. International Development Economics Associates. Conference on Work and well-being in the 21.