Phrase by 'Raghuram Rajan'
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Taking my bike out and riding the bike path along Lake Shore Drive, that's one of the great experiences in my life. And I hope to do it as long as I can.
Author: Raghuram Rajan - Indian EconomistLife , Path , Hope , Bike
Strong government doesn't mean simply military power or an efficient intelligence apparatus. Instead, it should mean effective, fair administration - in other words, 'good governance.'
Author: Raghuram Rajan - Indian EconomistWords , Good , Power , Intelligence
The first step to prescribing the right medicine is to recognize the cause of the illness. And, when it comes to what is ailing the global economy, extreme monetary easing has been more cause than cure. The sooner we recognize that, the stronger and more sustainable the global economic recovery will be.
Author: Raghuram Rajan - Indian EconomistMedicine , Step , First Step , Stronger
In India, we say one thing, and we do something else.
Author: Raghuram Rajan - Indian EconomistSomething , Say , India , One Thing
Every adverse development across the world affects the rest of the world in some way.
Author: Raghuram Rajan - Indian EconomistWorld , Way , Rest , Development
The gap in India has always been between the promise and the execution.
Author: Raghuram Rajan - Indian EconomistAlways , India , Gap , Execution
Perhaps the hardest challenge has been to persuade the public, impatient for rapid growth, of the need to ensure stability first. Growth, it is argued, is always more important, regardless of the looming economic risks.
Author: Raghuram Rajan - Indian EconomistImportant , Challenge , Risks , Growth
Monetary policy is like juggling six balls... it is not 'interest rate up, interest rate down.' There is the exchange rate, there are long term yields, there are short term yields, there is credit growth.
Author: Raghuram Rajan - Indian EconomistLong , Short , Down , Growth
If economists were to wait for careful studies before offering opinions about policy, we would never have anything timely to say.
Author: Raghuram Rajan - Indian EconomistNever , Say , Wait , Opinions
The government will always tell you that it wants low inflation. The real issue is the horizon over which to bring inflation down.
Author: Raghuram Rajan - Indian EconomistYou , Down , Government , Horizon
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