We have commented earlier, in the last World Economic Outlook, on the somewhat muted investment all over the world, especially in emerging markets.
More Quotes from Raghuram Rajan:
It would be fair to say to the world, 'You have never had it so good. But challenges are building in the background.Raghuram Rajan
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.
Raghuram Rajan
We expect India to grow at around 7 to 7.5 in calendar year 2006.
Raghuram Rajan
Whatever the motivation, eventually reserves are enough to protect against everything except Armageddon, ... With the precautionary value falling, and explicit financing costs rising, reserve accumulation creates a growing strain on government finances, in addition to creating a perception of exchange rate manipulation in some cases.
Raghuram Rajan
We are getting more and more into supply-driven price increases which are going to be more constraining for growth going forward. We are at a point where further substantial increases will start mattering far more.
Raghuram Rajan
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Based on Topics: World QuotesAs we celebrate Black History Month we should be grateful for the achievements they made and inspired by their legacies to continue their work.
Marty Meehan
When I was a boy we didn't wake up with Vietnam and have Cyprus for lunch and the Congo for dinner.
Lyndon B. Johnson
Do for this life as if you live forever, do for the afterlife as if you die tomorrow.
Ali ibn Abi Talib