Inflation - Madhusudhanan, S.
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Despite the ocean of differences among cultures and languages, the world is wired in the most profound way. The credit for this necessary interdependency is given to our favourite genre of social sciences and the most important piece in the chess of global affairs-the economy. However, it doesn't quite stop there. Imagine a Russian doll and follow the trail of thought. While the economy is the face of global relations, an underlying phenomenon affects all nations, creeds and people. Known to humankind as inflation, this phenomenon has a profound impact on consumers, investors and the economy…mehr

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Produktbeschreibung
Despite the ocean of differences among cultures and languages, the world is wired in the most profound way. The credit for this necessary interdependency is given to our favourite genre of social sciences and the most important piece in the chess of global affairs-the economy. However, it doesn't quite stop there. Imagine a Russian doll and follow the trail of thought. While the economy is the face of global relations, an underlying phenomenon affects all nations, creeds and people. Known to humankind as inflation, this phenomenon has a profound impact on consumers, investors and the economy as a whole. Inflation: An Economic Phenomenon That Matters aims to explain these impacts lucidly, along with a deep and insightful coverage of multiple theories, case studies and arguments. Given the complexity of the phenomenon, this work argues for a profound understanding of the subject. The aim is to help readers understand not only the causes, effects and different types of inflation, but also its real-life effects, including its governmental and policy implications. It subsequently traces the evolution of the idea, explains the concept of inflation targeting in India and other economies, and chronicles the evolution of monetary policies in India.
Autorenporträt
Madhusudhanan S worked extensively as an economic consultant with the Government of India in New Delhi. He has a vast, multifunctional reserve of experience of around 16 years across multiple domains of economics. His scholarly contributions have been noteworthy, including his article titled 'Rate of Interest and Indian Financial System', published in 2015 as a separate chapter in an edited book, Financial Crisis and Indian Economy. More recently, another article of his, 'Role of Monetary Policy during Financial Crisis and Its Impact in India', featured as a separate chapter in another edited book, New Innovations in Economics, Business and Management Vol. 10. With his profound knowledge and practical experience, he offers readers a fresh perspective on economic issues-particularly inflation-in his latest work. His commitment to simplifying complex economic concepts makes his writing accessible to policymakers, students and general readers alike.