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Raghuram G. Rajan

Raghuram G. Rajan

Writing for PS since 2003
69 commentaries

Raghuram G. Rajan, former governor of the Reserve Bank of India, is Professor of Finance at the University of Chicago Booth School of Business and the author, most recently, of The Third Pillar: How Markets and the State Leave the Community Behind.

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  1. eichengreen153_westend61_graph Westend61 via Getty Images

    Will the Productivity Revolution Be Postponed?

    Barry Eichengreen

    US President Joe Biden clearly has bet on faster productivity growth to pay for his $4.1 trillion American Jobs Plan and American Families Plan. But history suggests that any acceleration of productivity growth is likely to be delayed – perhaps by decades.

    draws a parallel between the present and the decades preceding and following the 1918-20 influenza pandemic.
    2
  2. mazzucato27_JAN KARE NESSAFP via Getty Images_norway JAN KARE NESS/AFP via Getty Images

    Waking the Norwegian Green Giant

    Mariana Mazzucato & Rainer Kattel

    As one of the world's leading exporters of natural gas, Norway faces a unique challenge in a world that is increasingly moving away from fossil fuels. The country has all the financial, technological, and human resources it needs to thrive in a decarbonized future; what's missing is policy leadership.

    explain how the country can use its oil wealth to lead, rather than undermine, the clean-energy transition.
    0

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