The Covid-19 pandemic has plunged the world economy into a deep recession. How long will it last and what kind of recovery can we expect? That in part depends on what governments do now. Should they be piling up future debt to cope with today’s crisis? Stephen Sackur speaks to the former Governor of India’s Reserve Bank and IMF chief economist Raghuram Rajan. Do the old rules of fiscal discipline no longer apply?(Photo: Raghuram Rajan, IMF chief economist)

The Covid-19 pandemic has plunged the world economy into a deep recession. How long will it last and what kind of recovery can we expect? That in part depends on what governments do now. Should they be piling up future debt to cope with today’s crisis? Stephen Sackur speaks to the former Governor of India’s Reserve Bank and IMF chief economist Raghuram Rajan. Do the old rules of fiscal discipline no longer apply? (Photo: Raghuram Rajan, IMF chief economist)

Raghuram Rajan: Should economies pile up debt to cope with Covid-19?

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Conversations with people shaping our world, from all around the globe. Listen to The Interview for the best conversations from the BBC, the world's most trusted international news provider. We hear from titans of business, politics, finance, sport and culture. Global leaders, decision-makers and cultural icons. Politicians, activists and CEOs. Each interview is around 20-minutes, packed full of insight and analysis, covering some of the biggest issues of our time. How does it work? Well, at the BBC, our journalists interview amazing people every single day. And on The Interview, we bring them to you. It’s your one-stop-shop to the best conversations coming out of the BBC, with the people shaping our world, from all over the world. Get in touch with us on emailTheInterview@bbc.co.uk and use the hashtag #TheInterviewBBC on social media.

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Raghuram Rajan: Should economies pile up debt to cope with Covid-19?

Raghuram Rajan: Should economies pile up debt to cope with Covid-19?

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