Financial Access in Post-Reform India by T.A. BhavaniFinancial Access in Post-Reform India by T.A. Bhavani

Financial Access in Post-Reform India

byT.A. Bhavani, N.R. Bhanumurthy

Hardcover | January 15, 2012

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This book focuses on two important aspects of the financial sector-development and access. Combining theory with analytical rigour, the authors examine the level of and changes in financial development and access in the post-reform period. Using a macroeconomic growth approach, financial development is looked at in terms of the structure of the financial system, its size, reach, and efficiency, and soundness of the banking sector. Financial access is conceptualized as the supply of financial resources for productive investmentpurposes. It is measured in terms of availability of finances from the formal financial system and its adequacy in taking care of productive investment needs. Based on empirical assessment of disaggregate data at the sectoral level, the authors suggest innovative solutions to reduce risk andtransaction costs in order to improve financial access in the economy. They also compare specific aspects of the Indian financial system with that of the United Kingdom, Brazil, and China.
T.A. Bhavani is Professor of Economics at the Institute of Economic Growth, Delhi University. N.R. Bhanumurthy is Professor of Economics, at the National Institute of Public Finance and Policy, New Delhi.
Title:Financial Access in Post-Reform IndiaFormat:HardcoverDimensions:224 pages, 8.46 × 5.51 × 0.03 inPublished:January 15, 2012Publisher:Oxford University PressLanguage:English

The following ISBNs are associated with this title:

ISBN - 10:0198076657

ISBN - 13:9780198076650

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Table of Contents

List of Tables and FiguresPreface; Acknowledgements1. Introduction2. Financial Development, Financial Access, and its Relation with Economic Growth3. Analytical Considerations4. Financial Development: Empirical Evidence5. Financial Access: Household Level Evidence6. Financial Access: Sector and Segment Level Evidence7. Indian Financial Sector: An International Comparison8. Private Participation in the Banking Sector9. Summary, Findings, and Policy RecommendationsBibliographyIndex