40 ordspråk av Raghuram Rajan
Raghuram Rajan
India, in its most advanced states, has the kinds of industries that you would see in advanced economies, not in an economy that has tremendous amounts of labor and should do low-skilled stuff.
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It is always a concern when an important institution like the Bank of Italy comes under some uncertainty.
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It is an emerging economy, and as a result there will be scandals. What I think is important is that these scandals stress-test the system and tell us where the deficiencies are.
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It would be fair to say the world has never had it so good.
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It would be fair to say to the world, 'You have never had it so good. But challenges are building in the background.
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It's in the world's interests that India develop its nuclear power. To the extent that nuclear power has become safer over time, it is in India's interests to use this source.
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Oil and other commodity prices are going to have some effect over time.
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Oil is affecting inflation; it is slowly creeping up in the United States and we're seeing rising producer prices,
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Oil price increases are thus unlikely to be benign going forward.
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People associate inflation targeting somewhat wrongly with rigidity,
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People associate inflation targeting somewhat wrongly with rigidity. His theme as an academic was how to depersonalize this whole process.
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Some revenue-raising measures had to be considered after Hurricane Katrina ... but we believe some of those measures are optimistic.
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The Fed will be watchful and will likely continue the process of increasing interest rates in the near term.
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The primary risk is of a greater slowing of house price growth than anticipated — we estimate that the effect of house prices staying flat, as opposed to growing by about 5 percent, could lop one percentage point off U.S. growth.
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The U.S. and China are running on processes which in the long run are unsustainable. Oil prices are proving an increasing strain on growth.
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