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India’s external debt: A management perspective

Dr. Swami Prasad SaxenaIshan Shanker

Abstract

This paper is an attempt to examine management and sustainability position of India’s external debt. It first discusses intricacies of India’s external debt management policy, and then assesses sustainability position of India’s external debt during a period from 1990-91 to 2016-17 by using present value approach prescribed by World Bank and International Monetary Fund (IMF). The study observes that India’s external debt is well managed and within sustainable limits.

Fiscal Policies and Political EconomyGlobal Financial Crisis and PoliciesFiscal Policy and Economic GrowthExternal debtDebtPosition (finance)Internal debtSustainabilityBusinessPerspective (graphical)Debt-to-GDP ratioValue (mathematics)Financial system
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