Y V Reddy: Challenges and implications of Basel II for Asia Remarks by Dr Y V Reddy, Governor of the Reserve Bank of India, at the Seminar on “Challenges and implications of Basel II for Asia” as a part of the Asian Development Bank's 39th Annual Meeting of the Board of Governors, Hyderabad, 3 May 2006.
COVID-19 and other macroeconomic shocks The major disruptions since the onset of the pandemic in early 2020 challenged the belief of many that the world had entered a long phase of low and stable inflation. We now know that the 'closing and reopening' of economies due to the pandemic would not occur without major supply and demand mismatches in most markets.