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Recent Financial Market Developments and Implications for Monetary Policy

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  • Rakesh Mohan

Abstract

The nature of the financial turbulence that happened recently in US and Europe, why it happened, where it happened, and the implications for central banks. Some of the forces that led up to and characterized the recent spate of events, the specific responses of central banks and some challenges that are likely to face them as the future unfolds are also taken up. [Valedictory Address at IIF's inaugural Asia Regional Economic Forum].

Suggested Citation

  • Rakesh Mohan, 2007. "Recent Financial Market Developments and Implications for Monetary Policy," Working Papers id:1248, eSocialSciences.
    • Handle: RePEc:ess:wpaper:id:1248
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    File URL: http://www.eSocialSciences.com/data/articles/Document112102007100.4691126.pdf
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    Cited by:

    1. Eswar S. Prasad, 2009. "India’s Approach to Capital Account Liberalization," Working Papers id:2043, eSocialSciences.
    2. Rakesh MOHAN, 2008. "The Role of Fiscal and Monetary Policies in Sustaining Growth With Stability in India," Asian Economic Policy Review, Japan Center for Economic Research, vol. 3(2), pages 209-236, December.
    3. Prasad, Eswar S., 2009. "Some New Perspectives on India’s Approach to Capital Account Liberalization," India Policy Forum, National Council of Applied Economic Research, vol. 5(1), pages 125-178.
    4. Srinivasan, Naveen & Jain, Sumit & Ramachandran, M., 2009. "Monetary policy and the behaviour of inflation in India: Is there a need for institutional reform?," Journal of Asian Economics, Elsevier, vol. 20(1), pages 13-24, January.
    5. Prasad, Eswar, 2009. "India's Approach to Capital Account Liberalization," IZA Discussion Papers 3927, Institute of Labor Economics (IZA).

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