Open Access Open Access  Restricted Access Subscription Access
Open Access Open Access Open Access  Restricted Access Restricted Access Subscription Access

Comments on Safeguarding Financial Stability in an Era of Financial Fragility:An Indian Prospective by Prof. D M Nachane


Affiliations
1 Reserve Bank of India, Mumbai, India
     

   Subscribe/Renew Journal


I consider this my honour to discuss this excellent paper by eminent economist and scholar Professor Dilip Nachane. I thank Prof. Vikas Chitre and the Indian School of Political Economy for this opportunity.

The paper has a wide canvass, and covers a number of complex issues. To be more specific: First, it dwells on the new paradigm for monetary policy that evolved in the run-up to the Great Moderation (from 1982 to 2007) and how it was negated during the crisis. In this context, it draws significantly from the reports of the Larosiere Group [February, 2009] and the Working Group of G20 [March, 2009].
User
Subscription Login to verify subscription
Notifications
Font Size

Abstract Views: 245

PDF Views: 1




  • Comments on Safeguarding Financial Stability in an Era of Financial Fragility:An Indian Prospective by Prof. D M Nachane

Abstract Views: 245  |  PDF Views: 1

Authors

Deepak Mohanty
Reserve Bank of India, Mumbai, India

Abstract


I consider this my honour to discuss this excellent paper by eminent economist and scholar Professor Dilip Nachane. I thank Prof. Vikas Chitre and the Indian School of Political Economy for this opportunity.

The paper has a wide canvass, and covers a number of complex issues. To be more specific: First, it dwells on the new paradigm for monetary policy that evolved in the run-up to the Great Moderation (from 1982 to 2007) and how it was negated during the crisis. In this context, it draws significantly from the reports of the Larosiere Group [February, 2009] and the Working Group of G20 [March, 2009].