1 September 2011
How Well Has South Asia Coped With the Global Financial Crisis
Monetary Management, Regulation and Market Discipline
The paper focuses on the impact of the financial crisis in the four major economies of South Asia and how a combination of swift actions on the monetary, fiscal and exchange rate fronts meant the worst consequences of the crisis were averted. The paper also discusses three major unresolved issues on the regulatory and supervisory dimensions.
© 2011 Institute of South Asian Studies (ISAS)
DM Nachane, M Shahidul Islam