I had the great pleasure of attending a presentation at the C.D. Howe Institute here in Toronto by Montek Singh Ahluwalia, currently the Deputy Chairman Planning Commission of India.  Unfortunately these sessions, probably wisely, are undertaken as off-the-record discussions.  So, I cannot comment directly on what was said.

Mr. Ahluwalia has had a very distinguished public career spanning the World Bank, the IMF, the Ministry of Commerce and the Ministry of Finance in India as well as a special secretary to the Prime Minister in the latter eighties. His appointments, writings and research point to what can only be described as a thoroughly erudite public servant.

Not surprisingly the focus of questions centred on the state of India’s economy in the midst of the global financial Continue reading →