Raghuram G. Rajan
What’s inside
Fault Lines delves into the underlying weaknesses in the global economy that led to the financial crisis of 2008. Authored by Raghuram G. Rajan, the book explores how these economic fractures stem from deep-seated problems such as income inequality, flawed financial sector practices, and imbalanced trade. Rajan, with his profound analysis, sheds light on how these issues, if unaddressed, pose a significant threat to future economic stability. He not only diagnoses the problems but also offers insightful solutions to mend these fault lines, emphasizing the need for global cooperation and reform in financial policies.
You’ll Learn
- Understanding the root causes of financial crises
- Gaining insights into global economic imbalances and their impacts
- Learning about potential economic reform measures
- Enhancing knowledge on the interplay between policy making and economics
Key Points
- The genesis of the 2008 financial crisis
- Income inequality as a deep-seated economic problem
- Flaws in financial sector practices
- The impact of imbalanced trade on the global economy
- The need for global cooperation to address economic fractures
- Proposed reforms for a more stable future economy
Who’s it For
- Economists
- Policy Makers
- Students of Economics
- Finance Professionals
- General Readers interested in Economic Affairs
About the author
Raghuram G. Rajan is an esteemed economist and professor of finance at the University of Chicago Booth School of Business. He served as the 23rd Governor of the Reserve Bank of India and was the Chief Economist at the International Monetary Fund. Rajan is renowned for his foresight on economic issues, including predicting the 2008 financial crisis. His contributions to economics have earned him numerous awards and recognitions.