Raghuram Rajan
Raghuram Rajan
Raghuram Govind Rajanis an Indian economist currently serving as the 23rd Governor of the Reserve Bank of India. He was chief economist at the International Monetary Fund from 2003 to 2007, the youngest to occupy the position. He was a professor of finance at the University of Chicago Booth School of Business from 1991 to 2013, when he went on public service leave...
ProfessionEconomist
Date of Birth3 February 1963
worry
The worry is how long will this continue.
credit economy severe turns
If the economy turns down we may have more severe credit problems.
commodity effect oil prices
Oil and other commodity prices are going to have some effect over time.
associate inflation people somewhat targeting wrongly
People associate inflation targeting somewhat wrongly with rigidity,
academic associate inflation people somewhat targeting theme wrongly
People associate inflation targeting somewhat wrongly with rigidity. His theme as an academic was how to depersonalize this whole process.
calendar expect grow india year
We expect India to grow at around 7 to 7.5 % in calendar year 2006.
order house needs
Let us remember that postponement of tapering is only that-a postponementLet's not lose the chance, the warning that we have been given, because this is going to come back and what we need to do is put our house in order before.
economy be-careful handle
We have to be careful of not injecting more uncertainty than economy can handle
challenges economy challenging-times
We have very stable, solid economy; we are going through challenging times.
taken thinking listening
I think the willingness to listen is really a matter of confidence. You can't be so superconfident in your abilities that you ignore what others say, and you can't be so diffident in your abilities that you think that if they say something, you will be so taken in that you will do the wrong thing. When you are confident about your abilities and also fully aware of what you don't know you are willing to listen to outside experts with the full sense that if you don't find it worthwhile you will ignore it.
our-actions pace currents
Our actions will be at measured pace given the current market turmoil.
effect estimate greater growing growth house opposed percentage point price prices primary risk slowing staying
The primary risk is of a greater slowing of house price growth than anticipated we estimate that the effect of house prices staying flat, as opposed to growing by about 5 percent, could lop one percentage point off U.S. growth.
far further growth increases point price start
We are getting more and more into supply-driven price increases which are going to be more constraining for growth going forward. We are at a point where further substantial increases will start mattering far more.
achieve capable confident conviction creates less life meeting nations open people possibilities reason shoddy strong tolerant usual
There are times in the life of nations when they feel confident that they can take on the world, that they are capable of meeting any challenge. One reason such a mind-set is important is that it creates an intolerance for laziness, for shoddy products, for open corruption, and for the usual excuses. When people have a strong conviction that they can achieve the possibilities of the future, it makes them less tolerant of impediments in their way to it.