Central bankers cannot fix Asia's economic woes, warn bank economists

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Restoring confidence in India's monetary policy "will take more than an ex-IMF chief economist at the helm of the central bank"; while an economic recovery in Japan now depends on structural reforms being implemented by the government, according to some senior bank economists in the region.

Speaking on the economists' panel at the Asia Risk Congress in Hong Kong yesterday, Robert Subbaraman, chief economist for Asia ex-Japan at Nomura, said a flood of cheap money had increased indebtedness and o

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