I think the willingness to listen is really a matter of confidence. You can't be so superconfident in your abilities that you ignore what others say, and you can't be so diffident in your abilities that you think that if… — Raghuram Rajan Copy Share Image
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… — Raghuram Rajan Copy Share
Democratic accountability means that governments must be popularly accepted, with citizens empowered to replace corrupt or incompetent rulers. — Raghuram Rajan Copy Share
Capitalism’s biggest political enemies are not the firebrand trade unionists spewing vitriol against the system but the executives in pin-striped suits extolling the virtues… — Raghuram Rajan Copy Share
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… — Raghuram Rajan Copy Share
I don't think policy makers surprise unnecessarily. You don't pick surprise as a part of your policy. Markets value a certain amount of predictability.… — Raghuram Rajan Copy Share
A monopoly is like running on firm ground. Nothing compels you to move, but if you do, you move forward. The faster you run,… — Raghuram Rajan Copy Share
Strong government doesn't mean simply military power or an efficient intelligence apparatus. Instead, it should mean effective, fair administration - in other words, 'good… — Raghuram Rajan Copy Share
Everyone may have some advise for the RBI. Some may advise, 'Cut your lending rates and raise the deposit rate.' How will a bank… — Raghuram Rajan Copy Share
I have said repeatedly that the way to sustainable growth is to bring down inflation to much more reasonable levels. — Raghuram Rajan Copy Share
Endorsing unconventional monetary policies unquestioningly is tantamount to saying that it is acceptable to distort asset prices if there are other domestic constraints on… — Raghuram Rajan Copy Share
The first step to prescribing the right medicine is to recognize the cause of the illness. And, when it comes to what is ailing… — Raghuram Rajan Copy Share
The more that everyone has access to the same educational opportunities, the more society will tend to accept some receiving disproportionate rewards. After all,… — Raghuram Rajan Copy Share
