Bank Quote by Raghuram Rajan

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

Democratic accountability means that governments must be popularly accepted, with citizens empowered to replace corrupt or incompetent rulers.

— Raghuram Rajan

Our actions will be at measured pace given the current market turmoil.

— Raghuram Rajan

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

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

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

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

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

I have said repeatedly that the way to sustainable growth is to bring down inflation to much more reasonable levels.

— Raghuram Rajan

I am not a 'doom and gloom' guy.

— Raghuram Rajan

In India, we say one thing, and we do something else.

— Raghuram Rajan

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