The Governor of the Reserve Bank of India, Rajan took charge of his country’s central banking institution on 4th September 2013. He was previously the Indian government’s chief economic adviser and the chief economist at the International Monetary Fund from 2003 to 2007. In a 2010 interview in the New Yorker, Rajan said of the 2008 financial crisis that political leaders “were playing in an environment where they really were making it up as they went along, so I have a lot of sympathy for what they did. But I do think in hindsight, and even at the time, that they could have been a lot tougher.”
Further reading
Line of credit: A profile of Raghuram Rajan, by Mark Bergen
The Social Policy Roots of the Financial Crisis: Rajan has a timely warning to offer policymakers about education and the financial crisis, says Mark Hannam
Return to World Thinkers 2014 voting form
