Bangalore International Centre had arranged an interface with:
Dr. Marti G Subrahmanyam, Professor of Finance and Economics, Stern School of Business, New York; and Prof. Marc Luychx Ghisi, Dean, Cotrugli Business Academy, Zagreb, Croatia On Thursday, the 24th January, 2008.
Dr Subrahmanyam talked on “The Alphabet Soup of the Sub-Prime Crisis” and Prof. Ghisi talked on “Will India enter the new global conversation of the paradigm shift?”
Dr. Subrahmanyam skillfully piloted the audience through the labyrinth of modern money market and explained how and why precisely the system, in the absence of governmental intervention and a strong regulatory mechanism, is leading to blood-baths in the market. He argued strongly to have a strong and strict regulatory mechanism to control and regulate the market so as to protect the small investors particularly.
Prof. Ghisi, in a mellow but powerful speech, urged for a paradigm shift to inject spiritual values in the secularized market economy and felt that India and China could play a significant role in this respect.
The interactive session which followed the talks was provocative and lively.
Prof. Samuel Paul of Public Affairs Centre presided over the session.
The power point presentations of both the speakers are attached herewith.