Raghuram Rajan

Sunday, 16 June, 2024

Sunday, 9 June, 2024

Indian politics & policy

Reform may be the winner in the Indian election

The setback to Modi’s high-handed style of rule can galvanise the economy and make the country a reliable partner

Monday, 13 May, 2024

Indian economy

Trading democracy for prosperity is a false choice for Indians

Modi’s government is popular despite the lived economic experience of people, not because of it

Thursday, 21 March, 2024

Global trade

The world needs reminding — governments are not good at picking winners

To break the vicious protectionist cycle, we need new rules of the game

Tuesday, 19 December, 2023

Central banks

Central banks are wrong to abandon key guardrails

Emerging markets can teach us all a lesson about the importance of not relying solely on discretion

Monday, 14 August, 2023

Global Economy

Unilateral action on climate change can have unintended consequences

Uncoordinated moves at a national level pose dangers for other countries, particularly poor ones

Friday, 10 March, 2023

Federal Reserve

Hard landing or harder one? The Fed may need to choose

Beliefs in an immaculate disinflation with only mild job losses could soon be put to the test

Wednesday, 22 February, 2023

Megan Greene

QE has become ‘Hotel California’ for central banks

While commercial lenders change behaviour when the balance sheet expands, they do not change it back when it shrinks

Monday, 9 January, 2023

Federal Reserve

Central banks can’t win when it comes to credibility on inflation

Institutions are scrambling to rebuild their toolkits to deal with the new regime

Friday, 26 August, 2022

Central banks

Stop berating central banks and let them tackle inflation

Despite their slow reaction, now is not the time for a radical redesign of their mandates

Friday, 6 May, 2022

Global Economy

We need to revitalise the world economy in inclusive ways

It is hard but necessary for governments to reverse the trend towards deglobalisation

Tuesday, 2 November, 2021

Climate change

Reducing global emissions can be simple and self-financing

The world needs a plan that supplants fuzzy commitments with real penalties for the big polluters

Wednesday, 21 July, 2021

Coronavirus economic impact

A lopsided recovery from the pandemic bodes ill for emerging economies

Advanced industrial countries can and should take measures to spur investment and growth around the globe

Sunday, 4 April, 2021

Coronavirus economic impact

A riot of US spending spells trouble for future generations

Useful infrastructure investment makes better sense than badly designed handouts

Monday, 21 December, 2020

Coronavirus

State support for Covid-hit companies has to change

The blanket help governments first provided needs to be better targeted and private expertise brought in

Thursday, 15 October, 2020

Economists Exchange

Raghuram Rajan: ‘Society has to find a new equilibrium’

In the first of a series, the former Indian central banker explains why the solution to economic adversity is to strengthen local communities

Tuesday, 7 July, 2020

Coronavirus economic impact

Pursue self-interest by helping other economies too

Industrialised Europe and Asia have contained the virus but elsewhere prospects are bleaker

Friday, 22 May, 2020

Life & Arts

The first thing I’ll do after lockdown is...

Sailing the Med? Watching Arsenal? A hug? Christine Lagarde, Yuval Noah Harari, Carlo Rovelli and many more on their post-lockdown dream

Tuesday, 12 May, 2020

Global Economy

Business cannot simply awake from this coma and carry on

It made sense to support everyone when the coronavirus crisis first hit but now hard choices are needed

Friday, 20 March, 2020

Coronavirus

Rich countries cannot win the war against coronavirus alone

We need to fight this pandemic into submission everywhere in order to relax measures anywhere

Tuesday, 25 February, 2020

Global inequality

Thomas Piketty’s ‘Capital and Ideology’: scholarship without solutions

The French economist’s data-driven analysis of inequality offers a flawed prospectus for change

Tuesday, 17 December, 2019

Climate change

A fair and simple way to tax carbon emissions

Rich countries that pump out more than average should pay into a fund that rewards low emitters

Wednesday, 21 August, 2019

Monetary policy

Central bankers seek fresh policy tools to combat slowdown

Record-low rates trigger hunt for stimulus measures at Jackson Hole gathering

Tuesday, 30 April, 2019

Urban planning

Investment alone cannot save distressed communities

Policies for reviving such places have to dovetail with the interests of residents

Wednesday, 24 April, 2019

ExplainerBank of England

Who will replace Mark Carney as Bank of England governor?

Six names stand out in race to secure top job at UK’s central bank