Dr. Y.V. Reddy served as the Governor of Reserve Bank of India (RBI) till for 5 years ending September 5, 2008. During this period, India recorded highest annual growth, with price & financial stability. He adopted “unconventional monetary measures and implemented macro-prudential and counter-cyclical policies in the regulation of the financial sector. He was also Executive Director IMF, Deputy Governor RBI, Secretary, Banking, Government of India, Advisor World Bank. He is the author of “India and the Global Financial Crisis”, Anthem Press, London 2009 He was elected Fellow of the LSE and is currently Emeritus Professor, University of Hyderabad.
Y. Venugopal Reddy
By this expert
The presentation explains that Indian Economy is basically a market-oriented economy with constant rebalancing between state andmarket.
The current debate on new Global Financial Architecture is, in a way, the continuation of the debate that was intensified consequent upon the Asian crisis.