Thursday, August 1, 2019
Biography of Raghuram Rajan:
Raghuram Govind Rajan is an Indian economist and academic who has served in various high-profile positions. Here is a brief biography:
Early Life:
Birth: February 3, 1963, Bhopal, Madhya Pradesh, India.
Raghuram Rajan was born into a Tamil family in Bhopal, India.
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| Biography of Raghuram Rajan |
Education:
He earned a bachelor's degree in electrical engineering from the Indian Institute of Technology (IIT) Delhi.
Rajan pursued a Post Graduate Diploma in Business Administration from the Indian Institute of Management (IIM) Ahmedabad.
Later, he completed his Ph.D. in management from the Massachusetts Institute of Technology (MIT).
Rajan's Academic Career:
Raghuram Rajan began his academic career as an assistant professor at the Booth School of Business at the University of Chicago.
He became the youngest-ever chief economist and director of research at the International Monetary Fund (IMF) from 2003 to 2006.
Governor of the Reserve Bank of India (RBI):
In September 2013, Rajan was appointed as the 23rd Governor of the Reserve Bank of India (RBI).
During his tenure, he implemented various reforms to stabilize the Indian economy, and he focused on inflation targeting.
Raghuram Rajan's Post-RBI Career:
After serving as the RBI Governor, Rajan returned to academia but remained involved in economic policy discussions.
He has written several books and articles on economics and policy.
International Recognition:
Raghuram Rajan has received numerous awards and honors for his contributions to economics and finance.
In 2005, he was awarded the Financial Times/Goldman Sachs Business Book of the Year Award for his book "Fault Lines: How Hidden Fractures Still Threaten the World Economy."
Personal Life of Raghuram Rajan:
Raghuram Rajan is married to Radhika Puri, a classmate from IIM Ahmedabad, and they have two children.
Legacy:
Raghuram Rajan is widely respected for his insights into economic issues and his role in shaping economic policies both in India and internationally.
Raghuram Rajan's career has been marked by a combination of academic excellence, leadership in international financial institutions, and impactful contributions to economic policy.