Statement by Governor, RBI

Duvvuri Subbarao

Working Papers from eSocialSciences

Abstract: There have been significant developments in the global economy since we met in the fall of 2010. The IMF too has moved on several fronts under its mandate which has strengthened its position in a changing world. There are several key questions confronting us today: Is the recovery assured in the face of still turbulent financial conditions and upward pressures on commodity prices? How resilient is the international monetary system to future shocks? Will the ongoing reforms empower the IMF and make it more effective in anchoring global monetary and financial stability? [On behalf of Mr. Pranab Mukherjee, Finance Minister of India and Member IMFC representing the Constituency consisting of Bangladesh, Bhutan, India and Sri Lanka]. URL:[http://rbidocs.rbi.org.in/rdocs/Speeches/PDFs/INDIA170411.pdf].

Keywords: IMF; global economy; developments; world; financial; monetary; stability; finance minister; sovereign debt; natural disasters; prices; commodity prices; world international monetary system (search for similar items in EconPapers)
Date: 2011-04
Note: Institutional Papers
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