Skip to main content

Raghuram G. Rajan

Raghuram G. Rajan

Writing for PS since 2003
88 commentaries
1 videos & podcasts

Raghuram G. Rajan, former governor of the Reserve Bank of India, is Professor of Finance at the University of Chicago Booth School of Business and the author, most recently, of Monetary Policy and Its Unintended Consequences (The MIT Press, 2023).

Sort by: Show:
  1. The Danger of Forgetting the 2023 Banking Crisis
    rajan89_Justin SullivanGetty Images_svb Justin Sullivan/Getty Images

    The Danger of Forgetting the 2023 Banking Crisis

    Feb 8, 2024 Raghuram G. Rajan & Viral V. Acharya worry that smaller banks’ troubles remain unresolved, and that the episode perpetuated moral hazard.

  2. Raghuram G. Rajan on inflation, financial risks, interest rates, and more
    GettyImages-1443377667

    Raghuram G. Rajan on inflation, financial risks, interest rates, and more

    Jan 9, 2024 Raghuram G. Rajan says when the US Federal Reserve might start cutting rates, considers how to mitigate monetary-policy spillovers, proposes measures to boost financial stability, and more.

  3. The World Needs a Humble Approach to Central Banking
    op_frenkel1_MANDEL NGANAFP via Getty Images_fed MANDEL NGAN/AFP via Getty Images

    The World Needs a Humble Approach to Central Banking

    Dec 8, 2023 Jacob Frenkel, et al. explain why monetary policymakers must accept a deliberately narrow mandate.

  4. When More Financial Regulation Is Not Better
    rajan85_Nancy LaneMediaNews GroupBoston Herald via Getty Images_svb Nancy Lane/MediaNews Group/Boston Herald via Getty Images

    When More Financial Regulation Is Not Better

    Oct 31, 2023 Raghuram G. Rajan warns that higher capital requirements for banks become counterproductive beyond a certain point.

  5. The Populist Advantage
    rajan84_Alex WongGetty Images_mmt Alex Wong/Getty Images

    The Populist Advantage

    Aug 18, 2023 Raghuram G. Rajan explains why so many previously discredited economic policies have become easier to sell to the public.

Follow Raghuram G. Rajan

Never miss a commentary by Raghuram G. Rajan

  1. gul6_Hasan MradDeFodi Images via Getty Images_ghannouchi Hasan Mrad/De Fodi Images via Getty Images

    Rached Ghannouchi’s Plight Deserves More Attention

    Abdullah Gül decries the prosecution and imprisonment of Tunisia's widely respected avatar of Islamic democracy.
  2. okonjoiweala27_GIUSEPPE CACACEAFP via Getty Images_WTO13ministerialconference Giuseppe Cacace/AFP via Getty Images

    WTO Reform Is Everyone’s Responsibility

    Ngozi Okonjo-Iweala

    The World Trade Organization’s most recent ministerial conference concluded with a few positive outcomes demonstrating that meaningful change is possible, though there were some disappointments. A successful agenda of reforms will require more members – particularly emerging markets and developing economies – to take the lead.

    writes that meaningful change will come only when members other than the US help steer the organization.
  3. bloomberg7_Chris HondrosGetty Images_UScaloriesmenu Chris Hondros/Getty Images

    What Can Stop the Shortening of American Lives?

    Michael R. Bloomberg shows how a loss of public trust in public-health professionals is undercutting US life expectancy.
  4. roach163_ROBERTO SCHMIDTAFP via Getty Images_mikegallagher Roberto Schmidt/AFP via Getty Images

    American Sinophobia

    Stephen S. Roach warns that fear has driven US policymakers to level a litany of unsubstantiated charges against China.
  5. kabubomariara2_Gerald AndersonAnadolu Agency via Getty Images_motherkenya Gerald Anderson/Anadolu Agency via Getty Images

    Africa’s Prosperity Depends on Achieving Gender Equality

    Jane Kabubo-Mariara outlines steps policymakers can take to redistribute unpaid domestic work among households and communities.
  6. lacroix2_ Michael GonzalezGetty Images_texasUSflags Michael Gonzalez/Getty Images

    Texas and the Perpetual Crisis of American Federalism

    Alison L. LaCroix

    By asserting its right to pursue an immigration policy at odds with that of the US federal government, Texas is reviving a constitutional debate that recurred throughout the early nineteenth century, culminating in the Civil War. It is an ominous reminder that the perpetuation of the Union can never be taken for granted.

    highlights the constitutional threat posed by the state's attempt to impose its own immigration policy.
  7. james216_Dave Tschorn Dave Tschorn

    Europe’s High Noon

    Harold James worries that Western political leaders lack the will to take the risky decisions that security demands.
  8. alkuwari1_Getty Images_AI governance Getty Images

    A Breakthrough Opportunity for Global Governance

    Mubarak Al-Kuwari, et al. propose new international institutions to confront today’s AI-regulation and peacebuilding challenges.
  9. fubini11_Antonio MasielloGetty Images_meloni Antonio Masiello/Getty Images

    Why Is Europe Moving Rightward?

    Federico Fubini considers why nationalist parties are gaining ground in countries that renounced nationalism decades ago.

Edit Newsletter Preferences

Set up Notification

To receive email updates regarding this {entity_type}, please enter your email below.

If you are not already registered, this will create a PS account for you. You should receive an activation email shortly.