Publication
10 Apr 2006
This brief discusses the pros and cons of introducing full capital account convertibility (CAC) in India. The brief attempts to define what CAC is - or should be - and reviews the results of a commission that worked on a road map to full convertibility of the rupee. The author weighs arguments for and against introducing CAC in India and states that CAC has become a necessity.
| Download |
English (PDF, 5 pages, 52 KB) |
|---|---|
| Author | S. Narayan |
| Series | ISAS Briefs |
| Issue | 5 |
| Publisher | Institute of South Asian Studies (ISAS) |
| Copyright | © 2006 Institute of South Asian Studies (ISAS) |