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

Articles by Sivakumar ArumugamSubscribe to Sivakumar Arumugam

Neoclassical Finance and the Fully Convertible Rupee

Recent discussions about full capital account convertibility have addressed the risk of such a move in terms of concepts such as crisis, contagion, fragility and crashes. Such terms seem as amenable to a sociological analysis as an economic one. Arguments about convertibility should be grounded in theories about financial markets from both these disciplines.

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