Bøker av Kanhaya (University of Alberta Gupta

What happens to savings, investment, income and growth if governments allow interest rates to be determined by market forces? This is the first book to answer this by examining financial deregulation in a coherent and complete manner.

Following an examination of current levels of government budget deficits and current fiscal policies in Asian economies, this study turns to a quantification of the effects on money supply, inflation, aggregate demand and interest rates.