Building back broader: a new approach to fiscal and monetary policy
New report identifies three pathways for the transformation of fiscal and monetary policy which could foster a fairer, greener and more inclusive society.
Raghuram G. Rajan is an Indian economist and the Katherine Dusak Miller Distinguished Service Professor of Finance at the University of Chicago Booth School of Business. He served as the 23rd Governor of the Reserve Bank of India, and the Vice-Chairman of the Bank for International Settlements. He was Chief Economist at the International Monetary Fund from 2003 to 2006, the youngest to occupy the position. His book, Fault Lines, won the FT business book of the year in 2010, and his book, The Third Pillar, was a finalist for the prize in 2019. Rajan was awarded the American Finance Association's inaugural Fischer Black Prize for the best financial economist under 40 in 2003, and Euromoney's central bank governor of the year in 2014.
New report identifies three pathways for the transformation of fiscal and monetary policy which could foster a fairer, greener and more inclusive society.
Globalization, digital technologies, and other factors have allowed competitive US corporations to achieve market dominance. Should they now be challenged by grassroots political movements?
Fierce interbank competition in good economic times can lead to deterioration in lending standards
Raghuram Rajan looks at the shortfalls of the global monetary system and what we can do about them.
Raghuram Rajan, Governor of the Reserve Bank of India, argues that in a new world we need new monetary policy rules.