Welcome Back !To keep connected with uslogin with your personal info
Home Nonfiction Biographies & Memoirs Advice and Dissent : My Life in Policy Making
Enjoying reading this book?
Advice and Dissent : My Life in Policy Making
by Y.V. Reddy
4
4 out of 5
Creators
AuthorY.V. Reddy
PublisherHarperCollins
SynopsisAny governor of the Reserve Bank of India must walk a tightrope. He must seem to be independent but without offending the government of the day. He is not equal to the government but must convince others that he is not subordinate to it either. And if he can do all this with the right policies in place he may leave behind a career as illustrious as that of Dr Y.V. Reddy Governor of the RBI from 2003 to 2008 a time of high growth low inflation an appreciated rupee and a robust banking system that withstood the global financial crisis.
Advice and Dissent throws light on the lessons of Dr Reddys fascinating professional life as on the politics of his years in public service.
Few people know more about India’s financial system than Dr Y.V. Reddy. And even fewer have the authority that he commands.’ – Raghuram Rajan, former RBI governor
‘If America had a central bank chief like Y.V. Reddy, the US economy would not have been in such a mess.’ – Joseph Stiglitz, economist and Columbia University professor
‘One among the brightest intellectuals living in India today…the most eminent central banker of the last decade across the world.’ – P. Chidambaram, former Union finance minister
‘How did India manage to beat the odds? [It was] largely the result of the sound management and foresight of one man: Yaga Venugopal Reddy.’ – Arvind Panagariya, vice-chairman of the Niti Aayog
‘I have high regard for him for two reasons. First, his complete integrity. There are very few civil servants like him who are not self-centered. He does not want to please any bureaucrat or minister. Second, his devotion to work. Intellectually, he is very open.’ – Bimal Jalan, former RBI governor
‘Unlike Alan Greenspan, who didn’t believe it was his job to even point out bubbles, much less try to deflate them, Mr Reddy saw his job as making sure Indian banks did not get too caught up in the bubble mentality.’ – Joe Nocera, American journalist and author
‘Dr Reddy is of a generation that believed public service was the highest calling.’ – Karina Robinson, editor, The Banker magazine
