OF ECONOMICS, POLICY AND DEVELOPMENT-PD

India and the Global Financial Crisis offers a collection of essays based on the speeches delivered by Reddy during his tenure as Governor of the Reserve Bank of India between September 2003 and September 2008 a period of rapid growth for the Indian economy as well as extraordinary challenges for the conduct of monetary policy. He has earned universal acclaim for his gubernatorial management of Indias calibrated financial integration with the global economy. These essays provide informed critical insights into the making of public policies across a spectrum of areas during those years while presenting an inside view of the dynamics that are played out behind the scenes. They respond to the interest in Indias management of a financial sector that has facilitated growth while maintaining stability markedly contrasting to the fragile financial climate of the USA. The volume describes Indias financial situation the Reserve Bank of Indias perspective and its policies. India and the Global Financial Crisis was selected as Financial Book of the Year 2010by China Business News.