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Learning from Crises

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  • Usha Thorat

Abstract

Recollect and recount lessons from crises. The key lessons are how to anticipate and take pre-emptive action and equally important, once you are in the middle of it, how to respond effectively namely, crisis management. Post crisis, the critical issues are - how do we put in systems and buffers that can cushion the impact of economic cycles and booms and busts that are so typical of market driven systems. [The 'Institute of Banking and Finance (IBF) Distinguished Speaker Series' lecture delivered by Mrs. Usha Thorat Deputy Governor, Reserve Bank of India at Singapore].

Suggested Citation

  • Usha Thorat, 2009. "Learning from Crises," Working Papers id:2253, eSocialSciences.
  • Handle: RePEc:ess:wpaper:id:2253
    Note: Institutional Papers
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