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A Profile of India's Newest RBI Governor

The latest appointment of Reserve Bank of India Governor Raghuram Rajan has been received with a good deal of fanfare. Did you know, he completed his PhD in the U.S., following degrees from IIT and IIM in India? Here are some interesting Curriculum Vitae facts you might not have known about the RBIís 23rd Governor.
BY Braingain Staff Writer |   06-08-2013
Raghuram Rajan; photo courtesy University of Chicago
The latest appointment of Reserve Bank of India Governor Raghuram Rajan has been received with a good deal of fanfare. Did you know, he completed his PhD in the U.S., following degrees from IIT and IIM in India?

In 2005, Rajan became famous for his warnings on a potential financial system crash. And although he became quite unpopular with heavy-weight economists in the U.S. at the time, he was proved to be correct when the financial crash began to wreak havoc in 2007.

Rajan has a mammoth task ahead of him – curbing India’s double-digit inflation and strengthening the rupee – which is important for any budding student to keep an eye on, as it impacts the costs of going abroad to study.

Some of his views on Indian economic reform can be found here, in a speech he gave in 2012.

And below are some interesting Curriculum Vitae facts you might not have known about the RBI’s 23rd Governor.


Who: Raguram Rajan

Appointment: Reserve Bank of India, Governor – job to begin 6th August 2013, for a 3-year term

Education:
  • Massachusetts Institute of Technology (MIT); PhD Management (1991)
  • IIM Ahmedabad; MBA (1987)
  • IIT Delhi; B.Tech (Electrical) (1985)

Highlights to date:
  • Government of India, Chief Economic Advisor (since 2012)
  • University of Chicago, Booth School of Business; Eric J. Gleacher Distinguished Service Professor of Finance (since 2006)
  • Economic Advisor to the Prime Minister of India (2008-2012)
  • Government of India Committee on Financial Sector Reforms, Chairman (2007-2008)
  • IMF, Chief Economist (2003-2006)
  • University of Chicago, Booth School of Business; Joseph L. Gidwitz Professor of Finance (1997-2003); Professor of Finance (1995-1996)

Selected Research:
  •  “The Future of the IMF and the World Bank”, American Economic Review 98(2) (May 2008), 110-115.
  • “Has Finance Made the World Riskier?”, European Financial Management 12(4) (September 2006), 499-533.
  • “India’s Pattern of Development: What Happened, What Follows?” (with Kalpana  Kochhar, Utsav Kumar, Arvind Subramanian, and Ioannis Tokatlidis), Journal of Monetary Economics 53 (February 2006), 981-1019.
  • “Essays on Banking” PhD thesis, MIT (1991)

Selected Books:
  • Fault Lines: How Hidden Fractures Still Threaten the World Economy (won the FT Business Book of the Year Award, 2010)
  • Saving Capitalism from the Capitalists (co-authored with Luigi Zingales)

Selected Extra-Curricular:
  • BDT Capital Partners LLC, Senior Advisor (until 2012)
  • Booz & Co., Senior Advisor (until 2012)
  • Bank Itaú-Unibanco, International Advisory Board Member (until 2012)
  • Comptroller General of the United States, Advisory Council Member (former)
  • FDIC Systemic Resolution Advisory Committee, Member (former)
  • Chicago Council on Global Affairs, Director (no renumeration)
  • American Finance Association, President (2011)
  • American Academy of Arts and Sciences, Member (no renumeration)

Selected Awards:
  • Infosys Prize for Social Science – Economics (2011)
  • Infosys Prize for the Economic Sciences, 2011
  • Global Indian of the Year Award, NASSCOM, 2011
  • Bernhard Harms Prize, Kiel Institute for International Economics, 2010
  • Financial Times/Goldman Sachs Business Book of the Year Award, 2010
  • American Finance Association Fischer Black Prize (inaugural), 2003 – given every two years to the financial economist under age 40 who has made the most significant contribution to the theory and practice of finance.

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braingainmag.com
Lt Col (Dr) Satpathy - In order to contact Mr. Raghuram Rajan, we suggest you follow the contact details for his office - noted on the official RBI website - www.rbi.org.in. Thank you.
13 January 2014


Lt Col (Dr) J Satpathy
Respected Professor, Namaskar and greetings. I am Lt Col (Dr) Jyotirmaya Satpathy, a serving officer of the Indian Army Educational Corps and presently posted to the Training Dept of the Institute of Tech Management, DRDO at Mussoorie. I am interested to pursue the Post - Doc (D Litt) program in Economics at Fakir Mohan University in Balasore, Orissa under your guidance and research supervision. I am interested to work in the area of ECONOMICS OF ABSENTEEISM AMONG SOLDIERS OF INDIAN ARMY: SOME THEORETICAL AND EMPIRICAL EXPLORATIONS. I hols an MA, M Phil and PhD in Economics along with an MBA in HR. I shall be grateful if you could kindly accept me as your Post - Doc Scholar. I shall do the necessary formalities at the University, thereafter. With much hopes, Regards
11 January 2014


Sanjay Ray
GOD bless him for taking on the responsibility of a country that is rotten in the truest sense.
06 September 2013


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