Learning from Crises

Usha Thorat

Working Papers from eSocialSciences

Abstract: Recollect and recount lessons from crises. The key lessons are how to anticipate and take pre-emptive action and equally important, once you are in the middle of it, how to respond effectively namely, crisis management. Post crisis, the critical issues are - how do we put in systems and buffers that can cushion the impact of economic cycles and booms and busts that are so typical of market driven systems. [The 'Institute of Banking and Finance (IBF) Distinguished Speaker Series' lecture delivered by Mrs. Usha Thorat Deputy Governor, Reserve Bank of India at Singapore].

Keywords: crises; banking; finance; crisis; economic cycles; booms; market; economic; management; India; financial; economy; domestic credit; domestic expenditure; current account deficits; forex; imports; reserves; bonds; money management; foreign currency (search for similar items in EconPapers)
Date: 2009-10
Note: Institutional Papers
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