Tracking past RBI Governors
I was tracking the career paths of former RBI Governors. Their careers have received a big boost after they retired from RBI. Take the case of three of the recent RBI Governors. Manmohan Singh became a Finance Minister and eventually ascended the PM throne. C Rangarajan has held the Governor post in 2 Southern States (Andhra Pradesh & Tamilnadu). Bimal Jalan is now a Rajya Sabha MP. It is just a matter of time before Bimal Jalan also gets into a much more prominent role. Is it a mere coincidence that these RBI Governors have become hot properties? I don’t think so. All three of them deserved every bit of it. So where is Y V Reddy headed?
I was fortunate enough to study under a great Economics Prof in B-School. There were rumours that he even turned down the post of RBI Governor so that he can continue his academic career.
I was fortunate enough to study under a great Economics Prof in B-School. There were rumours that he even turned down the post of RBI Governor so that he can continue his academic career.
posted by Kaps at
10:03 AM
5 Comments:
I didnt know about the RBI link. But, I read that economists are more capable of foreseeing things at a nation-level than people in other professions. (business week had run an article on the best economists in the world ... I could not find the link now)
If this is the trend, I am happy. Clearly education is gaining importance in the political circle.
By
GS, at 10:39 AM
Kaps,Good post.Economists are realistic in terms of decision making and they come with an amazing ability to see things at macro level and long term perspective.
By
Thayirsaadham, at 10:53 AM
Hi Carnatakam,
Thanks for pointing this out. The profs name is Shyamal Roy.
By
Kaps, at 8:19 PM
Kaps, A great post .... who do you think is the best RBI governor?
In my opinion C Rangaraj? Do you agree?
By
Venky Krishnamoorthy, at 11:48 AM
hey, who's this IIMB prof who's supposed to have turned down RBI governership to continue teaching??
By
Anonymous, at 10:46 PM
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