Prof. Raghuram G. Rajan: “How hidden fractures still threaten the world economy”

Wednesday, 16 June 2010 09:53

Prof. Raghuram G. Rajan was one of the few economists who warned of the global financial crisis before it hit. Now, as the world struggles to recover, it's tempting to blame what happened on just a few greedy bankers who took irrational risks and left the rest of us to foot the bill. In his book “Fault Lines”, Rajan argues that serious flaws in the economy are also to blame, and warns that a potentially more devastating crisis awaits us if they aren't fixed.

The Center for Financial Studies (CFS) welcomes Prof. Raghuram G. Rajan to their special lecture series. He gives a speech on “Rebuilding Financial Markets“  on Wednesday, June 30, 2010 from 18:30-20:00.

The location and registration can be found on the CFS website.

About Prof. Raghuram G. Rajan

Raghuram Rajan is the Eric J. Gleacher Distinguished Service Professor of Finance at the University of Chicago’s Booth School of Business. He is also advises the Prime Minister of India. Dr. Rajan was the Economic Counselor and Director of Research (in plain English, the Chief Economist) at the International Monetary Fund. He has chaired the Indian government’s Committee on Financial Sector Reforms

In his research work, he is particularly interested in banking, corporate finance, and economic development, especially the role finance plays in it. All top economics and finance journals have published his papers, he also has served on the editorial board of the American Economic Review and the Journal of Finance.

 Dr. Rajan works as a senior advisor to Booz and Co, on the academic advisory board of Moodys, and on the international advisory board of Bank Itau-Unibanco. He is a director of the Chicago Council on Global Affairs and on the Comptroller General of the United State’s Advisory Council. Dr. Rajan is the current Vice President of the American Finance Association and a member of the American Academy of Arts and Sciences. In January 2003, the American Finance Association awarded Dr. Rajan the inaugural Fischer Black Prize, 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.