Y V Reddy: The global economy and financial markets Statement by Dr Y V Reddy, Governor of the Reserve Bank of India and Leader of the Indian Delegation to the International Monetary and Financial Committee, at the 2003 IMF/World Bank Annual Meeting, Dubai, 21 September 2003.
*  *  *  Mr. Chairman, The global economy and financial markets Outlook, risks and policy responses There have been several welcome developments in the global environment since we met in last April. To our relief, several uncertainties relating to Iraq war, impact of SARS and volatility in oil prices have turned out to be short-term and transitory in nature.