/ Monetary economics in emerging markets needs a rethink: RBI Governor

India TV : Apr 13, 2019, 05:48 PM

Observing that the global financial crisis has exposed several limitations of conventional and unconventional monetary policy tools, Reserve Bank of India (RBI) Governor Shaktikanta Das said monetary economics in emerging markets needs a rethink. Das said the unconventional monetary policies of advanced economies have resulted in "risks and spillovers" for the emerging markets by challenging the conventional wisdom.