Raghuram Rajan Quotes


The U.S. should worry about the effects of its polices on the rest of the world. We would like to live in a world where countries take into account the effect of their policies on other countries and do what is right, broadly, rather than what is just right given the circumstances of that country.


Citations

Rajan, Raghuram. Interview by Bloomberg News, 31 Jan. 2014.

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Those environmentalists who take this view do not give credence to other alternatives. For example, the same argument of environmental decision-making could logically justify one superpower nation taking over the government of all others on the planet for environmental matters. Another possibility is that the existing mechanisms and the UN are sufficient if the major powers reach agreement. Another is that science and technology will provide solutions.


Raghuram Rajan
Raghuram Rajan
  • Born: February 3, 1963
  • Nationality: Indian
  • Profession: Economist

Raghuram Govinda Rajan is an Indian economist and the Katherine Dusak Miller Distinguished Service Professor of Finance at the University of Chicago Booth School of Business. Between 2003 and 2006 he was Chief Economist and Director of Research at the International Monetary Fund. From September 2013 through September 2016 he was the 23rd Governor of the Reserve Bank of India; in 2015, during his tenure at the RBI, he became the Vice-Chairman of the Bank for International Settlements.