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Raghuram Rajan Quotes

Indian - Economist | February 3, 1963 -

Strong government doesn't mean simply military power or an efficient intelligence apparatus. Instead, it should mean effective, fair administration - in other words, 'good governance.'

Good Power Intelligence Words Strong

Taking my bike out and riding the bike path along Lake Shore Drive, that's one of the great experiences in my life. And I hope to do it as long as I can.

Life Hope Path Great Bike Drive

It is the central bank governor, unlike other regulators or government secretaries, who has command over significant policy levers and has to occasionally disagree with the most powerful people in the country.

Government People Powerful Country

Monetary policy is like juggling six balls... it is not 'interest rate up, interest rate down.' There is the exchange rate, there are long term yields, there are short term yields, there is credit growth.

Growth Short Credit Long Down Balls

Democratic accountability means that governments must be popularly accepted, with citizens empowered to replace corrupt or incompetent rulers.

Accountability Corrupt Empowered Must

The gap in India has always been between the promise and the execution.

India Execution Always Been Promise

Competition is like a treadmill. If you stand still, you get swept off. But when you run, you can never really get ahead of the treadmill and cover new terrain - so you never run faster than the speed that is set.

Competition Stand Speed You New Run

Uncertainty of any sort results in volatility, and Brexit will be no exception.

Uncertainty Results Will Volatility

I am an academic, and I have always made it clear that my ultimate home is in the realm of ideas.

Home I Am Ideas Always Academic Am

Every adverse development across the world affects the rest of the world in some way.

World Rest Development Way Affects

In a competitive industry, only paranoid incumbents - those constantly striving for betterment - have any hope of surviving.

Hope Striving Surviving Competitive

The difficulty in a number of Western democracies is that the playing field is being tilted. For many in the middle class, prosperity seems unattainable because a good education - today's passport to riches - is unaffordable.

Education Good Today Prosperity

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