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Ethics and the World of Finance

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  • Duvvuri Subbarao

Abstract

How do we, as individuals, approach issues of ethics and values? Are our approaches different in our personal and professional lives? Are issues of ethics different in the financial sector? What are the ethical issues thrown up by the current crisis? Has economics, as an academic discipline, lost its value base? Is that the root cause for the malaise in the financial sector? How do we in the Reserve Bank interpret our mandate towards ethical standards and values in all that we do? Some of these questions are addressed here. [Keynote address at the Conference on ‘Ethics and the World of Finance’ organised by Sri Sathya Sai University, Prasanthi Nilayam, Andhra Pradesh].

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  • Duvvuri Subbarao, 2009. "Ethics and the World of Finance," Working Papers id:2201, eSocialSciences.
    • Handle: RePEc:ess:wpaper:id:2201
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    File URL: http://www.eSocialSciences.com/data/articles/Document129200940.9361994.pdf
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    Cited by:

    1. Ljerka Cerovic & Stella Suljic Nikolaj & Dario Maradin, 2017. "Comparative Analysis Of Conventional And Islamic Banking: Importance Of Market Regulation," Economic Thought and Practice, Department of Economics and Business, University of Dubrovnik, vol. 26(1), pages 241-263, june.
    2. Maher Hasan & Jemma Dridi, 2011. "The Effects Of The Global Crisis On Islamic And Conventional Banks: A Comparative Study," Journal of International Commerce, Economics and Policy (JICEP), World Scientific Publishing Co. Pte. Ltd., vol. 2(02), pages 163-200.

    More about this item

    Keywords

    finance; economics; reserve bank; India; children; ethics; values; financial sector; ethical standards;
    All these keywords.

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