Browsing by Author 24 p.

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  • Conference Paper


  • Authors: Narayan, Amay; Jayadev, Arjun; Mason, J. W.;  Advisor: 24 p. (2019)

  • We provide a broad brush precis of the evolution of the Indian financial system over the last 60 years. We describe financial flows between different sectors of the Indian economy from 1955 to 2015 using publicly available of funds data. This is a useful adjunct to other macroeconomic accounts. We nd that throughout this period the consolidated government sector is the largest net de cit sector and households are the largest net surplus sector. However, the private corporate sector is now running larger deficits as a fraction of GDP than at any time in the past, implying a greater reliance on external credit from other sectors than in the past. Despite the development of ca...

Browsing by Author 24 p.

Jump to: 0-9 A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
or enter first few letters:  
Showing results 1 to 1 of 1
  • FL02_Narayan.pdf.jpg
  • Conference Paper


  • Authors: Narayan, Amay; Jayadev, Arjun; Mason, J. W.;  Advisor: 24 p. (2019)

  • We provide a broad brush precis of the evolution of the Indian financial system over the last 60 years. We describe financial flows between different sectors of the Indian economy from 1955 to 2015 using publicly available of funds data. This is a useful adjunct to other macroeconomic accounts. We nd that throughout this period the consolidated government sector is the largest net de cit sector and households are the largest net surplus sector. However, the private corporate sector is now running larger deficits as a fraction of GDP than at any time in the past, implying a greater reliance on external credit from other sectors than in the past. Despite the development of ca...