Samir Kelekar wrote: > what parochial? If he has to be true to his American citizenship, he has to > raise the dollar > to 100 rupees, not lower it.
> Where does his allegiance lie? > > This is an obvious conflict of interest. samir, We live in a global village now. The best man for any job lives just an email away. The best employers here in the west have talent scouts whose only responsibility is to secure high caliber talent. I just read an article written by the head of one of Canada's top five banks where he mentioned that on his first month as head of the bank, he identified the top four prospects for him to hand over his legacy i.e. in about seven years time. The bank head needed that amount of time to groom people capable of handling the job. As for your question of where the new BOI Governor's allegiance lies, let me explain it this way. Three Canadian citizens have returned to their countries in Europe to become Prime Ministers or head of government there. One of these had run away from her country a refuge, only to be invited back to become the President. The candidate moving across the world for the new job, is giving up a good one for the challenge of another. If he does a good job, he gets plum assignments later. If he fails, he becomes unemployable in two countries. In Africa people who had been working for the World Bank or IMF for decades are now returning to become President of their country. The main concern among African voters is whether the person is qualified to make improvements to the living standards of the citizens. Those opposing the return of such qualified economists come up with a strange bag of objections, my favourite being, "He has lived outside the country for 20 years, what does he know about whats going on here." As long as a position calls for academic qualifications and experience, one has to hire the best qualified candidate regardless of what travel documents he is holding. The problem, the real problem, the one that you and I really have to watch out for is when the candidates qualification is that he was born on an auspicious day, on a house facing the east, and is the third child of a priest. Oh! and his father was friends with the last three PM's of India. Mervyn
