Raghuram Rajan
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Raghuram Govind Rajan is an American economist originally of Indian nationality. He was born in (Bhopal, India, February 3, 1963)[1] He was the "Economic Counselor and Director of Research" (Chief Economist) at the International Monetary Fund from September 2003 until January 2007. He has thus far been the youngest person to hold the position (beginning at the age of 40).
In 2003, he was the inaugural recipient of the Fischer Black Prize awarded by the American Finance Association.
He has been criticised for the fact the sub-prime crisis originated during his watch at the IMF but he himself disagrees, citing his 2005 paper "Has Financial Development Made the World Riskier", where he believes he indicated the probability of a catastrophic meltdown affecting the modern financial system.
In early 2007 Rajan returned to the Booth School of Business at the University of Chicago where he is the Eric J. Gleacher Distinguished Service Professor of Finance [1].
[edit] Background and education
Rajan was born in Bhopal (MP, India). In 1985, he graduated from the Indian Institute of Technology, Delhi, with a degree in Electrical Engineering, and then went on to earn an MBA at the Indian Institute of Management, Ahmedabad in 1987. He received his PhD from the Massachusetts Institute of Technology (MIT) in 1991.
Rajan has also been a visiting professor at MIT as well as at Northwestern University and the Stockholm School of Economics .
Raghuram Rajan was appointed an honorary adviser to Indian Prime Minister Manmohan Singh in November 2008.
[edit] Publications
His book, Saving Capitalism from the Capitalists, was co-authored with fellow Chicago Booth professor Luigi Zingales and published in 2004. He has also published in the Journal of Financial Economics, Journal of Finance and Oxford Review of Economic Policy. He has been an invited author for The Economist.
[edit] References
| Preceded by Kenneth Rogoff |
IMF Chief Economist 2003–06 |
Succeeded by Simon Johnson |
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