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Mukherjee, Smriti
- Indian Cooperative Credit and the Sustainability Issue
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1 Gokhale Institute of Politics and Economics, Pune, IN
1 Gokhale Institute of Politics and Economics, Pune, IN
Source
Artha Vijnana: Journal of The Gokhale Institute of Politics and Economics, Vol 47, No 1-2 (2005), Pagination: 153-158Abstract
Resource allocation in non-farm sector of less developed economies is generally not done according to any accepted theoretical behaviour pattern. Rural Credit cooperatives or credit unions as they are being called in many African countries provide one such illustration. Lack of efficiency in allocating credit is intimately associated with the sustainability issue of such cooperatives. The paper discusses the factors that need to be taken into account in formalizing cooperative behaviour. Two alternative criteria of efficiency namely optimizing returns and minimizing transaction cost have been highlighted in the paper. It does not however, develop a full fledged model depending on either of these behaviour assumptions.- Some Thoughts on the Monetary Model of Exchange Rate Determination - A Note
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Artha Vijnana: Journal of The Gokhale Institute of Politics and Economics, Vol 32, No 1 (1990), Pagination: 88-96Abstract
In recent years considerable attention has been given towards developing monetary approach to exchange rate determination the main planks of which seem to be (i) a faith on strict purchasing power parity and (ii) focus on demand for and supply of money as being the main determinants of exchange rate between two countries.- The Transmission of Fluctuations in Economic Activity from Abroad: Some Evidence from India
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