The following are the concluding remarks by Deepak Mohanty, Executive Director, the Reserve Bank of India (RBI), at the Second International Research Conference 2012, at Reserve Bank of India, Mumbai on February 2, 2012.
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...........We have had one and half days of intellectually stimulating discussions on a range of critical central banking issues revolving around the New Trilemma that has been defined by this Conference. While we may not have clear solutions, expectations from central banks are very high. The deliberations in this Conference, I believe, make some contributions in guiding policy and spurring further research.................
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