Raghuram Rajan

"Salvando el capitalismo de los capitalistas". Economista jefe del Fondo Monetario Internacional (2003-2007).

Catedrático y Profesor de la Universidad de Chicago. Presidente de la American Finance Association.

Raghuram Rajan speaker, keynote
Inglés

Raghuram  Rajan fue el gobernador número 23 del Banco de la Reserva de la India, se hizo cargo de la institución bancaria central de la India el 4 de septiembre de 2013 sucediendo a Duvvuri Subbarao. Actualmente es el Vicepresidente del Banco de Pagos Internacionales y Profesor distinguido de Finanzas Eric J. Gleacher en la Booth School of Business de la Universidad de Chicago.

Antes de reanudar la enseñanza en 2007, Raghuram Rajan fue Economista Jefe y Director de Investigación en el Fondo Monetario Internacional. Desde entonces, ha presidido la Comisión de Reformas del Sector Financiero del gobierno de la India, que presentó su informe en 2008.

Los intereses de investigación de Raghuram Rajan están en la banca, las finanzas corporativas y el desarrollo económico, especialmente el papel que las finanzas desempeñan en ello. Sus artículos han sido publicados en las principales revistas de economía y finanzas, y ha sido miembro del consejo editorial de American Economic Review y Journal of Finance. Recientemente, escribió un libro que ganó el premio al Libro del Año de Goldman Sachs titulado Fault Lines: How Hidden Cracks aún amenaza a la economía mundial. También tiene un libro anterior en coautoría con Luigi Zingales titulado “Salvando el capitalismo de los capitalistas”.

Es asesor principal de BDT Capital, Booz and Co, y forma parte del consejo asesor internacional del Banco Itau-Unibanco. Es director del Consejo de Asuntos Globales de Chicago y del Contralor General del Consejo Asesor de los Estados Unidos.

Raghuram Rajan también es presidente de la American Finance Association y miembro de la Academia Americana de Artes y Ciencias. En 2003, la American Finance Association otorgó a Raghuram Rajan el primer Premio Fischer Black, que se otorga cada dos años al economista financiero menor de 40 años, quien ha hecho la contribución más significativa a la teoría y la práctica de las finanzas.

Un distinguido economista con un respeto intrínseco por los muchos riesgos que enfrenta el mercado global, el Dr. Rajan explica cómo la adopción de políticas sólidas y responsables evitará la próxima gran crisis financiera. En su “Libro de negocios del año” por Financial Times, “Fault Lines: How Hidden Fractures Still Threaten the World Economy” (2010), el Dr. Rajan ofreció un diagnóstico profético de las consecuencias económicas y políticas de la creciente desigualdad en los países industrializados. Él sabe que el futuro no tiene por qué ser oscuro, las oportunidades y las recompensas esperan a aquellos con la paciencia y la disciplina para trabajar por un mundo mejor.

 

 

El Dilema Monetario.

Easy money is having diminishing effect after years of accommodative policies. Dr. Raghuram Rajan weighs the significant risks incorporated by doing much more, with the difficulties of exiting from easy money. Not only will the first central bank that moves face significant costs, they could also be accused of failing their domestic mandate of maintaining inflation at reasonable levels. Dr. Rajan discusses possible ways policy could evolve, as well as the consequences to global asset prices, inflation and risk.

Las perspectivas económicas mundiales: oportunidades y desafíos.

Even while overall growth seems tepid, tremendous financial opportunities still exist for both states and corporations. But with those opportunities, challenges are building. Dr. Raghuram Rajan knows this from firsthand experience—as governor of the Reserve Bank of India, he played a central role in the third-largest (and growing) economy in the world. In this discussion, he analyzes the economic impact of specific, targeted “global players”—large countries and common global forces—as opposed to a general overview of the world.

Democracia y Capitalismo.

Democracy and capitalism tend to strengthen each other, across countries and over time, but not always. Dr. Raghuram Rajan describes the peculiar confluence of forces that are causing a wedge between democratic forces and markets today and why this is being expressed in the political movements we see. He argues that to preserve what is good in the global system of trade and finance, we need countries, especially large emerging markets, to step up and take leadership to move the dialogue forward. At the same time, industrial countries have to pay attention to domestic political demands to slow, or reverse, globalization and find ways to make angry citizens less anxious about the future. Dr. Rajan will discuss some policy options that could address these wide-ranging and impactful issues.

Salvando el capitalismo de los capitalistas.

Fault Lines: How Hidden Fractures Still Threaten the World Economy

Rajan shows how the individual choices that collectively brought about the economic meltdown--made by bankers, government officials, and ordinary homeowners--were rational responses to a flawed global financial order in which the incentives to take on risk are incredibly out of step with the dangers those risks pose. He traces the deepening fault lines in a world overly dependent on the indebted American consumer to power global economic growth and stave off global downturns. He exposes a system where America's growing inequality and thin social safety net create tremendous political pressure to encourage easy credit and keep job creation robust, no matter what the consequences to the economy's long-term health; and where the U.S. financial sector, with its skewed incentives, is the critical but unstable link between an overstimulated America and an underconsuming world.


In Fault Lines, Rajan demonstrates how unequal access to education and health care in the United States puts us all in deeper financial peril, even as the economic choices of countries like Germany, Japan, and China place an undue burden on America to get its policies right. He outlines the hard choices we need to make to ensure a more stable world economy and restore lasting prosperity.

Fault Lines: How Hidden Fractures Still Threaten the World Economy

Saving Capitalism from the Capitalists

Saving Capitalism from the Capitalists is a groundbreaking book that will radically change our understanding of the capitalist system, particularly the role of financial markets. They are the catalyst for inspiring human ingenuity and spreading prosperity. The perception of many, especially in the wake of never-ending corporate scandals, is that financial markets are parasitic institutions that feed off the blood, sweat, and tears of the rest of us. The reality is far different.


This book breaks free of traditional ideological arguments of the Right and Left and points to a new way of understanding and spreading the extraordinary wealth-generating capabilities of capitalism.

Saving Capitalism from the Capitalists