Monday, April 15, 2019

BookMarks #52: I Do What I Do

Title: I Do What I Do 
Author: Raghuram Rajan 
Genre: Non-Fiction, Economics 
Published: 2017 

BookMarks 
The book is a collection of speeches and articles by the former RBI Governor, Dr. Raghuram Rajan. Some of the works are from his tenure as the RBI Governor and some from his work in the Academia. The articles provide a glimpse of the work done by the RBI in shaping monetary policy, working with Government to control inflation, while occasionally facing off with the very same government! Other articles provide Dr. Rajan’s views on the world economics and the pros and cons of various monetary policies and their potential impact to the global economy. 

Overall an interesting read, specially since Dr. Rajan also clarifies his stand on the demonetization exercise carried out in November, 2016.

I particularly liked this line from the book on the global financial crisis of 2008 - "A crisis offers us a rare window of opportunity to implement reforms - it is a terrible thing to waste." 

Previously on BookMarks: The Sworn Sword

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