Phrase by 'Raghuram Rajan'
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I will say this: the central banks can actually support growth beyond a point. When there is no inflation, they can cut interest rates, and that is the way they support growth, but if you cut interest rate to the bone, there is nothing more to cut. It is very hard to support growth beyond that.
Author: Raghuram Rajan - Indian EconomistYou , Support , Way , Growth
Uncertainty of any sort results in volatility, and Brexit will be no exception.
Author: Raghuram Rajan - Indian EconomistWill , Results , Brexit , Uncertainty
In emerging markets, slow growth in the advanced economies has shut down a traditional development path: export-led growth. As a result, emerging markets have had to rely once again on domestic demand. This is always a difficult task, given the temptation to over-stimulate.
Author: Raghuram Rajan - Indian EconomistResult , Down , Path , Growth
By killing transparency and competition, crony capitalism is harmful to free enterprise, opportunity, and economic growth. And by substituting special interests for the public interest, it is harmful to democratic expression.
Author: Raghuram Rajan - Indian EconomistFree , Opportunity , Competition , Growth
I am a 10th class pass in Hindi. From 7th grade to 12th grade, I was in Delhi; before that, I was abroad. I came in not knowing a word of Hindi in 7th grade and learned Hindi and passed the exam in 10th. I think I was north of 50 percent, so I feel very proud of that accomplishment.
Author: Raghuram Rajan - Indian EconomistProud , Feel , Think , I Am
If developed countries' citizens want to feel slightly better about their economies' slow growth and high unemployment, they should contemplate how much worse matters could be without the institutions that they have.
Author: Raghuram Rajan - Indian EconomistFeel , Better , Growth , Slow
Indian cricket fans are manic-depressive in their treatment of their favorite teams. They elevate players to god-like status when their team performs well, ignoring obvious weaknesses; but when it loses, as any team must, the fall is equally steep, and every weakness is dissected.
Author: Raghuram Rajan - Indian EconomistTeam , Fall , Weakness , Cricket
Competition is like a treadmill. If you stand still, you get swept off. But when you run, you can never really get ahead of the treadmill and cover new terrain - so you never run faster than the speed that is set.
Author: Raghuram Rajan - Indian EconomistYou , New , Stand , Competition
The more that everyone has access to the same educational opportunities, the more society will tend to accept some receiving disproportionate rewards. After all, they themselves have a chance to be winners.
Author: Raghuram Rajan - Indian EconomistWill , Society , Chance , Accept
The few emerging economies that have avoided booms and busts have done so by adhering to sound policy frameworks.
Author: Raghuram Rajan - Indian EconomistDone , Few , Sound , Policy
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