DOHA: Doha Bank’s Group CEO Dr R Seetharaman delivered a lecture yesterday on “Economic Integration Towards a Borderless World’ to students at the College of the North Atlantic — Qatar (CNA-Q). The lecture was hosted as part of Doha Bank’s ongoing efforts to engage Qatari students in dynamic discussions that enhance their understanding of economic and financial issues.
Sharing his insights on the concept of global economic integration, Dr Seetharaman said: “Today, there is greater recognition that, as we move towards a borderless world, politics and economics have to converge at a global level and that territorial integrity is merely incidental. Global governance structures that transform the dynamics of policy-making are becoming imperative to achieving sustainable economic growth.”
On the fall in oil prices, Dr Seetharaman said the plunging oil prices are not a reflection of demand and supply alone. In the last six months, we have seen oil prices come down by 50 per cent – this does not mean that supply has increased by 50 percent, or that demand has reduced by 50 percent. Yes, there indeed is excess supply, but what really has changed is the currency.
The Peninsula
