'This is both a chronicle of financial reforms as also an insider's view of managing the process.' -- Business World'A must for anyone tracking the Indian financial sector.' -- The Economic Times'Reddy's book, which deals with the various reforms undertaken in the financial sector during the last decade, comes as a welcome fresh breeze.' -- Economic and Political Weekly'Reddy. is absolutely right in saying that, as the least globalized part of the world, South Asia has more to gain than lose from globalization, provided the respective governments follow sensible public policies.' -- Business Standard'The lectures carry Dr Reddy's inimitable style of debate, dissent, and progress and it is a book serious student of Economics cannot ignore.' -- The Financial Express The essays in this volume are based on lectures delivered by Y V Reddy in various parts of the world. They discuss the complex but under-documented structur al micro-aspects of economic reforms in India, examining the process from conceptualization of policy to its development, refinement, and implementation.

The book explores dilemmas and issues faced by policy-makers in meeting the evolving uncertainties.