Economic Policies in India For Stimulation or Austerity and Volatility?

A major reason for the recurrent episodes of financial instability is the predominance of interest-based debt and leveraging. Financial stability is achievable through risk sharing finance instead of risk shifting that characterizes contemporary finance. A risk sharing system serves the true functio...

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Bibliographic Details
Main Authors: Sunanda Sen, Zico Dasgupta
Format: Article
Language:English
Published: Associazione Economia civile 2014-12-01
Series:PSL Quarterly Review
Subjects:
Online Access:http://ojs.uniroma1.it/index.php/PSLQuarterlyReview/article/view/13023/12829