| Language | English |
|---|---|
| ISBN-10 | 9788125036944 |
| No of pages | 379 |
| Font Size | Medium |
| Book Publisher | orient Black Swan |
| Published Date | 01 Jan 2009 |
About Author
Related Books
| Language | English |
|---|---|
| ISBN-10 | 9788125036944 |
| No of pages | 379 |
| Font Size | Medium |
| Book Publisher | orient Black Swan |
| Published Date | 01 Jan 2009 |
Yaga Venugopal Reddy, better known as Y. V. Reddy (born 17 August 1941), is an Indian economist and a retired Indian Administrative Service (IAS) officer of the 1964 batch belonging to Andhra Pradesh cadre. Reddy served as governor of the Reserve Bank of India (RBI) (India's central bank) from 6 September 2003 until 5 September 2008.
In 2010, he was awarded India's second highest civilian honour, the Padma Vibhushan.
Reddy received his M.A. in economics from Madras University, India, and his PhD from Osmania University, Hyderabad. He also holds a diploma in economic planning from the Institute of Social Studies, Netherlands.
Reddy was awarded the degrees of Doctor of Letters (Honoris Causa) by Sri Venkateswara University, India; and Doctor of Civil Law (Honoris Causa) by the University of Mauritius. On 17 July 2008, he was made an Honorary Fellow of the London School of Economics.
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This collection of essays provides insights into the making of public policies across a spectrum of areas between the years 2003 and 2008, a period of rapid growth of the Indian Economy as well as extraordinary challenges for the conduct of monetary policy. It was during this period that Dr Y.V. Reddy was the Governor of the Reserve Bank of India. He has earned universal acclaim for managing, as Governor of RBI, India's calibrated financial integration with the global economy.
Ever since the financial crisis erupted in the USA in 2007 and spread to the rest of the world, there has been an interest in India's management of a financial sector that has facilitated growth and has yet maintained stability. What contributed to this situation? What was the RBI’s perspective and what were its policies? This volume attempts to answer these questions. It also provides a comprehensive account of the events that led to the global financial crisis, the policy responses, the directions for future reforms and an Indian approach to meeting the challenges of contagion from the turmoil.
This collection of essays provides insights into the making of public policies across a spectrum of areas between the years 2003 and 2008, a period of rapid growth of the Indian Economy as well as extraordinary challenges for the conduct of monetary policy. It was during this period that Dr Y.V. Reddy was the Governor of the Reserve Bank of India. He has earned universal acclaim for managing, as Governor of RBI, India's calibrated financial integration with the global economy.
Ever since the financial crisis erupted in the USA in 2007 and spread to the rest of the world, there has been an interest in India's management of a financial sector that has facilitated growth and has yet maintained stability. What contributed to this situation? What was the RBI’s perspective and what were its policies? This volume attempts to answer these questions. It also provides a comprehensive account of the events that led to the global financial crisis, the policy responses, the directions for future reforms and an Indian approach to meeting the challenges of contagion from the turmoil.