But a paper published on may 19th by ila patnaik and her colleagues at the national institute of public finance and policy in delhi documents a gradual thinning out of the bretton woods ii regime .
Something similar appears to have happened in india 's money market after the wheels came off lehman brothers , according to a study by ajay shah and ila patnaik of the national institute of public finance and policy , and jahangir aziz of jpmorgan .
