A few of them need immediate attention while others have to be pursued in the medium term. They require careful examination. I assure you that we in the RBI will consider all of them seriously and seek your advice and cooperation. Let me not try to either summarise the highlights of this seminar or respond to the valuable insights.
I intend sharing with you some thoughts on new dimensions in external debt policies of emerging economies, consequent upon the recent crises in East Asia, Latin America and Russia. New approaches are being advocated in the context of discussions on the new international financial architecture.