Ajay Shah

Ajay Shah, an esteemed economist with decades of experience in financial crises, joins to unravel their complexities. He explains how crises impair financial functions and categorizes them into five types, from banking to securities-market crises. Delving into historical examples like India's 1991 crisis and the 2008 global turmoil, he discusses the role of state intervention and regulatory challenges. Ajay also promotes essential reforms, advocating for a robust financial resolution framework and improved data infrastructure to better prepare for future disruptions.