Develop Evaluation Methods Using causal identification methods to analyse the drivers of financial stability and the effects of macroprudential policies is, obviously, more difficult for a number of reasons. First, macroprudential policy is a relatively new policy area. Hence, there is not much experience with the use of these policies across countries. Also, systematic documentation of macroprudential policy measures started only recently.
Duvvuri Subbarao: Will the renminbi eclipse the dollar? Welcome remarks by Dr Duvvuri Subbarao, Governor of the Reserve Bank of India, at the talk delivered by Dr Arvind Subramanian, Senior Fellow at the Peterson Institute for International Economics, Washington DC, “Will the renminbi eclipse the dollar?”, Reserve Bank of India, Mumbai, 7 October 2011. *  *  *  1.