Sunday, June 28, 2015

Rajan, who himself has been IMF's Chief Economist and is among the few to have rightly predicted the financial crisis of 2007, has triggered a debate among policymakers and economists with his warning against central banks globally being pushed into "competitive monetary policy easing".

Rajan, who himself has been IMF's Chief Economist and is among the few to have rightly predicted the financial crisis of 2007, has triggered a debate among policymakers and economists with his warning against central banks globally being pushed into "competitive monetary policy easing".

With Raghuram Rajan ringing alarm bells about the world economy facing the Great Depression-like problems, an IMF research paper has countered his views.

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