India should share Masala bonds with other Asian countries: Frank-Jürgen Richter Jescilia Karayamparambil

Frank-Jürgen Richter moving up including trade, investments and globalisation. However since 2008, there has been a fall in trade, decrease in investments and decline in migration. Through AIIB, it could be said that it is revival of globalisation.

How much investment would the bank need to be fully-functional?

considering they are in their early stage of economic development. This means central banks will have little more government influences but it should not be totally controlled. There were talks around the tenure of the former governor Raghuram Rajan. He had to leave because his contract ended. However, it was over played by the Indian media. Ministers and governors come and go, it is a continuous process.

Going forward, I would like to see central banks around the world to work in cooperation with each other. There is a need for co-ordination and governance for central banks around the world. It should not be limited to formal dialogue but should be extended to informal dialogue as well.

How can India’s very own Masala bonds be used to benefit other Asian markets?