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About The Book
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From one of Indias senior Civil Servants a brilliant analysis of the critical moments in Indias economic history and the future of multilateralism in the International Monetary Fund that could decide the future of global crisis resolution. V. Srinivas – distinguished Additional Secretary to Government of India former Advisor to the Executive Director International Monetary Fund and Private Secretary to Finance Minister of India a widely acclaimed administrator and academician – provides a comprehensive analysis of several big events that stand out in Indias relations with the International Monetary Fund based on 17 months of research and interviews. Indias Relations with the International Monetary Fund 1991-2016 provides insights into Indias role as a Founding Member of the IMF Indias IMF programs of 1966 1981 and 1991 Indias gold purchases from the IMF in 2010 the rise of G20 and Indias emergence as the fastest growing major economy in the world. V. Srinivas highlights the role of the IMF as the lender of last resort the IMF as an institution of asymmetric power in dealing with member countries the enhanced role of the IMF post-2008 Global Financial Crisis and the Rise of China in the International Monetary System. “Indias relations with International Monetary Fund 1991-2016: 25 years in perspective” is the first comprehensive study on the subject that offers deep insights into an Institution that has influenced the global economy in a significant way.