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Raghuram Rajan Quotes
«It is an emerging economy, and as a result there will be scandals. What I think is important is that these scandals stress-test the system and tell us where the deficiencies are.»
Author: Raghuram Rajan
«If India doesn't create the necessary infrastructure, it will hurt growth. India must take strong political steps to free up resources for investment.»
Author: Raghuram Rajan
«The worry is how long will this continue.»
Author: Raghuram Rajan
«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.»
Author: Raghuram Rajan
«These things are not infinite. At some point, they come to an end.»
Author: Raghuram Rajan
«They may have to work harder in order to keep [inflation expectations] anchored.»
Author: Raghuram Rajan
«Despite having been helpful in the past, globalization may not be a crutch for central banks to lean on going forward.»
Author: Raghuram Rajan
«As a result, the oil price-induced imbalances are likely to be with us for some time.»
Author: Raghuram Rajan
«We have commented earlier, in the last World Economic Outlook, on the somewhat muted investment all over the world, especially in emerging markets.»
Author: Raghuram Rajan
«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.»
Author: Raghuram Rajan