Chakravarthi Rangarajan on Monetary Policy After Liberalization
Ideas of India
The Future of India's Financial System
During your time at the RBI, you also worked on the transition from the draconian Farrah to a legislative framework more suited to a liberalized economy. Is femur still the appropriate framework today? And if not, how would you reform it or replace it with something better? "What is happening in the rest of the world is not really encouraging anybody to go in the direction too fast"
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