This is a discussion by the Institute for New Economic Thinking in partnership with the LSE South Asia Centre.
Adair, Lord Turner of Ecchinswell, is a businessman and academic. Most recently, he has authored Between Debt and the Devil: Money, Credit and Fixing Global Finance (Princeton, 2015); he was formerly Chairman of the Financial Services Authority, and Director-General of the Confederation of British Industry. Sir Adair is currently Chairman of INET, New York.
Nasser Munjee set up IDFC in India, is Chairman of the Development Credit Bank, and Tata Motor Finance Ltd., and serves on the Board of several other companies including Jaguar Land Rover plc, ABB Ltd, HDFC Ltd. Nasser is Chair of the Senior Advisory Board of the South Asia Centre (LSE).
David Webb is Professor of Finance at LSE; his research interests are in corporate finance and financial markets, the economics of information, and financial economics and insurance economics.