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Remarks - Macro Week 2024

· Shaktikanta Das, Governor of the Reserve Bank of India (India)

Summary written by Dark Majestic in its own words · topics: trade, fragmentation and geopolitics, development and emerging economies

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· Shaktikanta Das Wiki · Reserve Bank of India WikiRemarks - Macro Week 2024

ContextRemarks at Macro Week 2024 organised by the Peterson Institute in Washington; the Reserve Bank of India keeps inflation in check and supports one of the fastest-growing large economies.

Why it mattersIndia's governor stresses policy buffers against spillovers from geopolitical tensions.

Problems raised
  1. Geopolitical tensions spill over to emerging markets.
  2. Shocks can be unanticipated.
  3. Macroeconomic risks persist.
Solutions proposed
  1. Strengthen crisis preparedness.
  2. Build policy buffers.
  3. Discuss policy at international forums.
Read full speech on bis.org ↗

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