India’s Relations With The International Monetary Fund (IMF): 25 Years In Perspective 1991-2016

From one of India's senior Civil Servants, a brilliant analysis of the critical moments in India's 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 India's relations with the International Monetary Fund based on 17 months of research and interviews.
India's Relations with the International Monetary Fund 1991-2016 provides insights into India's role as a Founding Member of the IMF, India's IMF programs of 1966, 1981 and 1991, India's gold purchases from the IMF in 2010, the rise of G20 and India's 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.
“India's 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. 

Vij Books
  • Pages: 280
  • 9789388161626 • HARDBACK • Jun 2019 • Rs.995
  • 9789388161633 • EBOOK • Aug 2019 • Rs.550
  • Subjects:
  • India’s Relations With The International Monetary Fund (IMF): 25 Years In Perspective 1991-2016
author details
V. SRINIVAS is the Additional Secretary to Government of India in the Department of Administrative Reforms and Public Grievances, Ministry of Personnel, Public Grievances and Pensions. He was the Advisor to Executive Director (India) in the International Monetary Fund 2003 to 2006. He served as Private Secretary to the Finance Minister of India from 2002 to 2003 and Private Secretary to the External Affairs Minister of India 2001 to 2002. He was a member of India's delegations to the Fund-Bank Annual Meetings from 2002 to 2006. As Joint Secretary in the Ministry of Textiles he headed India's delegations to the Plenary Meetings of the International Cotton Advisory Committee from 2010 to 2012, and as Joint Secretary in the Ministry of Culture he headed India's delegation to the Asia-Europe Culture Ministers Meeting 2014. He served as Deputy Director (Administration) AIIMS from 2014-2017.
V. Srinivas was the Chairman of the Board of Revenue for Rajasthan and Chairman of the Rajasthan Tax Board from 2017 to 2018. In 2017, he was awarded the Indian Council of World Affairs Book Research Fellowship for “India's Relations with International Monetary Fund 1991-2016 - 25 years in Perspective. He is a senior administrator, a respected academician and an institution builder par excellence.

Chapter - I The International Monetary Fund
Chapter - II Major Financial Crisis: From Great Depression to The Great Recession
Chapter - III India’s IMF Programmes—1966 and 1981: An Analytical Review
Chapter - IV India Circa 1991 – Origins of the Crisis
Chapter - V The Union Budgets 1991-96
Chapter - VI The IMF View - India’s Stand-By Arrangement
Chapter - VII Evolutionary Changes in India-IMF Relations 
Chapter - VIII The IMF’s Article IV Consultations 1997 – 2016
Chapter - IX Finance Secretaries, Governors of RBI, Chief Economic Advisors and Executive Directors
Chapter - X My Years With The IMF
Chapter - XI G20 – A Decade in Multilateralism 
Chapter - XII The Rise of China in the International Monetary System 
Chapter - XIII Conclusion