Here’s an interview published on the Harvard Business School’s main website - A Sticky Wicket: India’s Economic Dilemma. The interview also has an audio segment on the recent appointment of Raghuram Rajan as the Governor of the Reserve Bank of India.
The post reads:
The Indian economy has been teetering on the brink for the past few months. The most manifest of these problems has been the crash of the Indian rupee, which has shown a decline of approximately 20% against the US dollar in a short period of time. Tarun Khanna, Director of the South Asia Institute at Harvard University and Jorge Paulo Lemann Professor at Harvard Business School, offers some insights into the causes and conditions at play.
Zeenat Potia: Can you give some context around the downturn of the Indian economy and how it applies to other emerging markets?