Europe's citizens do not seem convinced that the bitter medicine of continued structural reforms will cure the stasis that afflicts much of the continent. Of course economists can only prescribe but it takes politicians to persuade.
More Quotes from Raghuram Rajan:
We expect India to grow at around 7 to 7.5 in calendar year 2006.Raghuram Rajan
There are times in the life of nations when they feel confident that they can take on the world, that they are capable of meeting any challenge. One reason such a mind-set is important is that it creates an intolerance for laziness, for shoddy products, for open corruption, and for the usual excuses. When people have a strong conviction that they can achieve the possibilities of the future, it makes them less tolerant of impediments in their way to it.
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Oil is affecting inflation it is slowly creeping up in the United States and we're seeing rising producer prices,
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They may have to work harder in order to keep inflation expectations anchored.
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Oil and other commodity prices are going to have some effect over time.
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House prices can't increase at the rate in which they have been going over the past few years.
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Based on Topics: Economics QuotesBased on Keywords: afflicts, stasis
Every night, whisper "peace" in your husband's ear.
Andrei A. Gromyko
I am a scholar of life. Every night before I go to sleep, I analyze every detail of what I did that day. I evaluate things and people, which helps me avoid mistakes.
Compay Segundo
To do a dull thing with style-now that's what I call art.
Charles Bukowski