JANUARY 2012
EDITORIAL COMMITTEE
Janak Raj
A. B. Chakrabarty
Brajamohan Misra
Gautam Chatterjee
S. V S. Dixit
.
EDITOR
Mohua Roy
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Contents
Contents
Twelfth L. K. Jha Memorial Lecture
Welcome Remarks
by Duvvuri Subbarao
1
Gross Financial Flows, Global Imbalances, and Crises
by Maurice Obstfeld
5
Speeches
Challenges to the Accounting Profession: Some Reflections
by Duvvuri Subbarao
15
Microenterprise Development: Path to Creating
MNCs of Tomorrow
by K. C. Chakrabarty
21
Ten Commandments for a Successful Banking Career
by K. C. Chakrabarty
27
Empowering MSMEs for Financial Inclusion and
Growth – Issues and Strategies
by K. C. Chakrabarty
33
An Assessment of Recent Macroeconomic Developments
by Subir Gokarn
41
Food Inflation: This Time it’s Different
by Subir Gokarn
47
Legislative Reforms – Strengthening Banking Sector
by Anand Sinha
59
Financial Reporting in the context of Financial Stability:
A Regulator’s View on Some Accounting Issues
by Anand Sinha
67
Short-Term Co-operative Credit Structure and
Financial Inclusion
by V. K. Sharma
73
Economic and Financial Developments in
Andaman and Nicobar Islands
by Deepak Mohanty
77
Contents
Contents
Articles
International Banking Statistics of India:
March and June 2011
Performance of Private Corporate Business Sector
during...