In 2005, the International Monetary Fund’s chief economist delivered a speech in which he predicted the world was on the brink of a financial meltdown. It was not a popular view. Three years later, ...
Rajan’s comments echo concerns from finance industry executives following recent high-profile bankruptcies in the US.
Even before the coronavirus pandemic, communities around the world grappled with growing inequality, automation of jobs, and dependence on global markets. While COVID-19 widened many of those gaps and ...
When University of Chicago Booth School of Business Prof. Raghuram G. Rajan took charge as governor of the Reserve Bank of India in September 2013, the rupee was in free fall, inflation was high, ...
Despite occupying such a large share of the world’s attention, COVID-19 continues to impose massive uncertainty about public health and economic well-being. How bad will the economic crisis get? Which ...
“The virtue of populist movements is they raise the question: ‘Why is opportunity crowded out for us? Why aren’t we getting a step on the ladder of progress?’” Sitting on a dais with UChicago ...
Even before the coronavirus pandemic, communities around the world grappled with growing inequality, automation of jobs, and dependence on global markets. While COVID-19 widened many of those gaps and ...
You have a new book out called The Third Pillar. What is the third pillar? It is the community. Around the world, there is widespread economic anxiety, domestic political tension, strife between ...
Former Reserve Bank of India governor Raghuram Rajan says private credit has not been subject to stress tests, and the ...
“We are surrounded by plenty. Humanity has never been richer as technologies of production have improved steadily over the last two hundred fifty years.” So opens Raghuram Rajan’s new book, “The Third ...
Former RBI Governor Raghuram Rajan warned of growing risks in the global private credit market, citing excess liquidity and a ...