Indian Journal of Industrial Relations: Economics & Social Dev.

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I do what I do. By Raghuram G. Rajan, Harpers Collins Publishers India, 2017, pp. xvi + 325, Rs.699 Transforming a Fragile Indian Economy to Stable One:Role of Monetary Authority


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1 Department of Economics, Panjab University, Chandigarh, India
     

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The monetary authority must be independent enough in a developing economy so as the balance between growth and inflation rate can be maintained. The portfolio of the Governor of Reserve Bank of India (RBI) is therefore, a challenging one that requires an eagle’s eye on various economic activities to cater to the development with justice; a primary need of Indian economy. Raghuram G. Rajan had been a Chief Economist of the International Monetary Fund (2003-2006) and had joined as 23rd Governor of the RBI on 4th September, 2013.
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  • Rajan, R. G, & Arvind, S. (2005), Aid and Growth: What Does the Cross-Country Evidence Really Show?, Working Paper 11513,Cambridge: National Bureau of Economic Research.

  • Shorrocks, A., Davies, J. B., Lluberas, R. & Koutsoukis, A. (2016). Global Wealth Report, Credit Suisse Research Institute. Switzerland: Credit Suisse Research Institute.

  • Subbarao, D. (2016), Who Moved My Interest Rate? Leading The Reserve Bank of India through Five Turbulent Years, Penguin Books India Private Limited, New Delhi


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  • I do what I do. By Raghuram G. Rajan, Harpers Collins Publishers India, 2017, pp. xvi + 325, Rs.699 Transforming a Fragile Indian Economy to Stable One:Role of Monetary Authority

Abstract Views: 232  |  PDF Views: 0

Authors

Nitin Arora
Department of Economics, Panjab University, Chandigarh, India
Harinder Kaur Gill
Department of Economics, Panjab University, Chandigarh, India

Abstract


The monetary authority must be independent enough in a developing economy so as the balance between growth and inflation rate can be maintained. The portfolio of the Governor of Reserve Bank of India (RBI) is therefore, a challenging one that requires an eagle’s eye on various economic activities to cater to the development with justice; a primary need of Indian economy. Raghuram G. Rajan had been a Chief Economist of the International Monetary Fund (2003-2006) and had joined as 23rd Governor of the RBI on 4th September, 2013.

References