ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846
-A A +A

Could It Happen Here? On Sovereign Debt and Bank Capital

India does not suffer the euro-zone problem of a federal central bank with a restricted mandate. What India does have in common with Europe is capital-constrained banks stuffed full of government debt issued by a fiscally over-extended sovereign, in a slowing economy.

Subscribers please login to access full text of the article.

New 3 Month Subscription
to Digital Archives at

649for India

$20for overseas users

Get instant access to the complete EPW archives

Subscribe now

Comments

(-) Hide

EPW looks forward to your comments. Please note that comments are moderated as per our comments policy. They may take some time to appear. A comment, if suitable, may be selected for publication in the Letters pages of EPW.

Back to Top