so-called developing world well joining me to help get some answers on all of this is mr monti exciting ahluwalia i want to ask you is this packet wave of the global financial crisis upon us i think what will happen is markets would be disrupted slightly moderate growth prospects for the card you're in the u.s. and maybe in europe but i don't see this as going back to composite meat and so where do we go from here who's going to fix what's going on in the world right now the world needs to. get together to work out what sort of transition what's a reasonable transition in a world in which there would be more than one currency and where the traditional reserve currency. at the moment is in a country which doesn't have a very well balanced macroeconomic situation and is there a sense in india do you think that perhaps there could be a shift in the world order and. india could be somehow gaining from what's going on in washington there is certainly a shift going on in the world there's no doubt about that i mean any medium term or long term projection suggests that japan will grow relatively slowly

had a world bank department he's now the chairman of india's planning commission mr monti exciting ahluwalia i want to thank you so much for joining me so first of all i want to ask you is the second wave of the global financial crisis upon us i think what will happen is markets would be disrupted. moderate group prospects for the card in the us and europe but i don't see this is going back to meet and so where do we go from here who's going to fix what's going on in the world right now the wood needs to. get together to work out what's the transition what's a reasonable transition in a world in which there will be more than one currency and where the traditional reserve currency at the moment is in the in a country which doesn't have a very well balanced backward nomics attrition and is various times in india do you think that perhaps there could be a shift in the world order and that india could be somehow gaining from what's going on in washington there is certainly a shift going on in the world there's no doubt about that i mean any medium term or long term projection suggests that japan