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In the News

South Asia Used To Be The World’s Fastest-Growing Region. Now It’s Facing An Economic Slowdown

quoting Raghuram Rajanvia Foreign Policy
Tuesday, October 15, 2019

Weak domestic demand is hurting growth, but more investment could lead to a rebound.

In the News

Nobel Prize Winner Abhijit Banerjee A Product Of India's Educational System, Says Raghuram Rajan

featuring Raghuram Rajanvia Business Today
Tuesday, October 15, 2019

Former RBI governor Rajan in his post on LinkedIn highlighted that it is a proud moment for India as Banerjee was largely educated in the country.

Featured

Nobel Winner Abhijit Banerjee And Former RBI Chief Raghuram Rajan On India’s Economic Challenges

by Abhijit Banerjee, Raghuram Rajanvia Quartz
Monday, October 14, 2019

In October 2018, thirteen of us, all economists, got together in the hope that, as the country gears up for elections, we could start a conversation by identifying a set of policy ideas that might help inform party manifestos and policy visions. While our views stretch across the spectrum from right to left, we found surprising agreement on the challenges India faces and reforms it needs now. Two of us sifted through the set of ideas, picking what we felt were the top challenges and proposals to address them.

In the News

Raghuram Rajan Expresses Concern Over India's Economic Slowdown

quoting Raghuram Rajanvia India Today
Monday, October 14, 2019

The former RBI governor said the uncertainty surrounding the overall economic vision of government is one of the reasons behind India's slowing economy. 

Featured

Nobel Laureates Aim Too Low On Global Poverty

by David R. Hendersonvia The Wall Street Journal
Monday, October 14, 2019

Immigration and growth would help more than addressing the winners’ ‘manageable questions.’

In the News

India's Fiscal Deficit 'Conceals' A Lot, Warns Raghuram Rajan

quoting Raghuram Rajanvia Economic Times (India)
Sunday, October 13, 2019

India's fiscal deficit 'conceals' a lot and is probably pushing Asia's third-largest economy to the brink of a 'worrisome' situation, former RBI governor Raghuram Rajan has warned. Delivering the OP Jindal lecture at Brown University, Rajan said the uncertainty about the overall economic vision at the top rungs is causing deep distress in the Indian economy.

In the News

Why Indian Bankers Are Hesitant To Report Frauds

quoting Raghuram Rajanvia Economic Times (India)
Wednesday, October 9, 2019

The public perception of a fraud is a Nirav Modi-style attack, perpetuated by a crook with corrupt motives.

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Putting Tolerance to the Test

by Tunku Varadarajanvia Hoover Digest
Wednesday, October 9, 2019

At its founding, India displayed a powerful affinity for Western values—equality, self-rule, dignity. But in the name of Hindu tradition, the country’s present rulers are flouting those values.

In the News

Government’s Inability To Take Criticism Is ‘Sure Fire Recipe For Policy Errors,’ Says Raghuram Rajan

featuring Raghuram Rajanvia National Herald
Tuesday, October 1, 2019

Raghuram Rajan said in a statement that people in authority have to tolerate criticism and that any move to subjugate opposing thoughts “is a sure-fire recipe for policy errors”.

In the News

Governments Should Learn To Tolerate Criticism, Suppressing It Can Lead To Mistakes: Raghuram Rajan

featuring Raghuram Rajanvia The Economic Times
Monday, September 30, 2019

Suppressing dissent can lead to bad policies being passed, former Reserve Bank of India governor Raghuram Rajan said in a LinkedIn Post on Monday. Stressing on the importance of criticism in a democracy, Rajan, who is a professor of economics at the University of Chicago, wrote that governments that show lack of tolerance towards public, as well as internal, criticism do themselves a gross disservice.

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