Prepared for the First International Research Conference  on  ‘Challenges to Central Banks in the Context of the Financial Crisis’ – sponsored by the Reserve Bank of India, Mumbai 11 13 February 2010

~0213_ResBankInddoc.pdf

Comments on Stephen Roach’s  paper in Session III, First International Research Conference organised by the Reserve Bank of India, during February 12, 13 2010 –  Mumbai

The global economy  is in a big mess and, even though the analytical models do not show it, it is becoming increasingly accepted that excessive credit growth was somehow at the heart of this whole thing. The question now is what are we going to do to avoid such problems in the future?

RBI_Comments_Roach_200810.pdf

Comments by William White on William Poole’s session prepared for the First International Research Conference, “Challenges to Central Banks in the context of the Financial Crisis” sponsored by the Reserve Bank of India , February 2010)

While the title of this session implies a focus on crisis management, the author has complemented such considerations with a number of comments on crisis prevention. I will indulge myself by doing the same.

020310_CommentsonPoole.pdf