Impact of Global and European Crisis on Indian Economy

A lot has been written already on this.

In case people are still looking for more stuff on the topic, here is a nice speech by Anand Sinha of RBI. It has some nice graphs and a timeline of the crisis and impact on Indian economy and financial markets.

His 3 takeways from the crisis:

  • Takeaway 1: Too much of anything is bad
  • Takeaway 2: Models are not absolute
  • Takeaway 3: Finance should serve the real sector and not the converse
Hmm..
Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.


%d bloggers like this: