Economy in India
Rakesh Mohan is one of India’s senior-most economic policymakers and an expert on central banking, monetary policy, infrastructure and urban affairs. He is a former Deputy Governor of the Reserve Bank of India. As Deputy Governor he was in charge of monetary policy, financial markets, economic research and statistics. In addition to serving in various posts for the Indian government, including representing India in a variety of international forums such as Basel and G20, he has worked for the World Bank and headed prestigious research institutes. Mohan has written extensively on urban economics, urban development, and Indian economic policy reforms. We talk with him about his book, Growth with Financial Stability: Central Banking in an Emerging Market, which provides a rare insider view into the development and workings of central banking and the financial sector in India.