Raghuram Rajan

Raghuram Rajan

Raghuram G. Rajan is a former governor of the Reserve Bank of India and chief economist of the International Monetary Fund. 

A Cold Shower for the AI Mania

For now, it is far from clear how widely and quickly AI will be rolled out, and who will profit.

Raghuram Rajan

May 21, 2026 at 5:54 AM IST

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Are We Facing an AI Nightmare?

AI-doom scenarios are going viral because there are no easy public-policy responses to the problem of large-scale but not universal technological unemployment. Society’s best hope is a Goldilocks scenario, where the AI rollout is not too fast, and where the industry is not too oligopolistic.

Raghuram Rajan

March 16, 2026 at 3:36 AM IST

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Are Central Banks Enabling Unsustainable Government Deficits?

Recent developments suggest that the US Federal Reserve's bond purchases are no longer just a "monetary operation," but an essential component of the US government's fiscal financing. The sooner that the Fed and other similarly situated central banks recognise the trap they have created for themselves, the better.

Raghuram Rajan

January 12, 2026 at 1:50 PM IST

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The Fraught Politics of Corporate Disclosures

Is ESG disclosure a political fad or a financial necessity? As global norms shift and penalties rise, what firms reveal about sustainability could directly impact their bottom lines.

Raghuram Rajan

November 4, 2025 at 3:45 PM IST

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