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Throughout his three-year term as governor of the Reserve Bank of India, a central figure in the world’s third-largest economy, Dr. Raghuram Rajan both witnessed and helped shape the transformation of the global financial system. He now discusses the potential risks and rewards that face the major players in the global market—nations and corporations—and where the future of international economic policy is headed.
As the youngest chief economist and director of research to serve at the International Monetary Fund, Dr. Raghuram Rajan drew the attention of the world’s greatest bankers and financiers in 2005, when he delivered a prophetic warning to the Federal Reserve, in which he predicted the financial crisis that eventually struck in 2008. He was later the subject of prominent interviews in the Oscar-winning documentary on the crash, Inside Job (2010).
A distinguished economist with an intrinsic respect for the many risks that face the global market, Dr. Rajan explains how adopting sound and responsible policies will prevent the next great financial crisis. In his Financial Times “Business Book of the Year,” Fault Lines: How Hidden Fractures Still Threaten the World Economy (2010), Dr. Rajan offered a prescient diagnosis of the economic and political consequences of growing inequality in industrial countries. He knows that the future need not be dark—opportunities and rewards await those with the patience and discipline to work for a better world.
The Monetary Dilemma
The Global Economic Outlook – the Opportunities and Challenges
Democracy and Capitalism
Fault Lines: How Hidden Fractures Still Threaten the World Economy (opens in a new tab)
I Do What I Do (opens in a new tab)