Interview: Raghuram Rajan

David A. Price

Econ Focus, 2024, vol. 24, issue 3Q, 22-26

Abstract: In August 2005, at the annual conference of central bankers in Jackson Hole, Raghuram Rajan created a stir. Rajan, then chief economist of the International Monetary Fund, argued in a presentation that a hidden danger of massive failures was lurking in the global financial system. Risks had been building up, he said, a result of the incentives facing private institutions in the environment of that era.

Keywords: central bank; India; inflation; payments (search for similar items in EconPapers)
Date: 2024
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