For example, there are signs that margin calls were larger than expected and may have stretched the liquidity of some market participants. Questions about the functioning and resilience of the core government funding markets also remain, especially in relation to the role of leveraged investors and dealer capacity to intermediate in these markets.
To that extent China is an inspiration. The task for us in India is to match up to that record, or even surpass it, but by doing it the Indian way. 16. I am sure listening to Arvind about China’s rise to the top will answer many of these questions and also provide us answers for our own way forward. 17.