Includes bibliographical references and index.

Economic reforms and growth prospects in India / Lawrence R. Klein, Thangavel Palanivel -- Inflation and growth in the world: some simple empirics, 1970-99 / P.R. Brahmananda, G. Nagaraju -- Dynamics of inflation in India: a P-star approach / D.M. Nachane, R. Laxmi -- Business cycles, international linkages, and exchange rates / M.J. Manohar Rao -- The time has come to talk of many things: a foray into development policy / A. Vasudevan -- Central banking in the new millennium / Andrew Crockett -- Analytical and regulatory issues in the competition for private investment between and within developing countries / T.N. Srinivasan -- Research and policy developments in money, finance, and the external sector in India / Bimal Jalan -- India's vulnerability to external crises: an assessment / Montek S. Ahluwalia -- Managing India's external economic challenges in the 1990's / Shankar Acharya -- Transparency in monetary and financial policies and its role in financial-sector reform

/ V. Sundararajan, Udaibir S. Das -- Monetary policy, internal debt, and anatomy of the Central Bank / S.S. Tarapore -- Dimensions of financial development, market reforms, and integration: the Indian experience / Y.V. Reddy -- The role of the debt market in infrastructure finanicing in India / A. Prasad, Rakesh Mohan.

Contributed articles with reference to India.