Lowy Institute conversation with one of the world’s most respected economists, Professor Raghuram Rajan. In 2005, Professor Rajan presciently warned of the risks to financial stability that lay ahead. What are those risks today? What should we make of the dramatic shift in favour of fiscal activism in advanced economies? Is Big Tech helping or hindering innovation? What is the place of social institutions in the economy? And how can India emerge from its Covid-19 crisis?

Raghuram Rajan is the Katherine Dusak Miller Distinguished Service Professor of Finance at the University of Chicago’s Booth School. He was the 23rd Governor of the Reserve Bank of India from 2013 to 2016. From 2003 to 2006, he was chief economist of the International Monetary Fund. He is the author of several best-selling books, including Fault lines: How Hidden Fractures Still Threaten the World Economy and The Third Pillar: How Markets and the State Hold the Community Behind.

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