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Raghuram Rajan (University of Chicago) (Jun 2018)

Raghuram Rajan criticized central banks for prolonged unconventional monetary policies after the 2008 crisis, arguing that they hindered real economic growth and increased leverage in the corporate and household sectors. Europe’s economic situation, while concerning, is not dire as there are signs of recovery and potential for structural reforms, but India’s growth is hindered by infrastructure constraints and challenges in land acquisition.

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