............“My impression is that our central bank and key economic ministries have very few experts on international markets, with hands-on experience, in key positions. Such experience will include research, trading and management in such markets. Most of our bureaucrats do not have much of an idea about what is happening in international markets, at any level of detail, unlike other emerging market countries I can think of, including Brazil, Turkey and China, which have such experts in key decision-making positions. The only notable exception in our context is the RBI Governor, Raghuram Rajan,”...........
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