The world economy: Through the eyes of Raghuram G. Rajan
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On May 13, 2016 Chicago Booth hosted an intimate breakfast conversation moderated by the Economic Editor of the Financial Times, Chris Giles. The event focused on "India's path to growth and Raghuram Rajan's views on the world economy".
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WoW, he just talks in pure measurable economic terms, and puts forth what could be wrong with GDP growth as a measure.
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The point on spending or spending on infrastructure is very true. In Indira Gandhi period money was spent on agriculture without proper care and almost negative NPV effect and has spoiled agriculture industry. I find easy to file Income tax return easier in India than in USA
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audio is very low.
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what is he writing?
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so why the hell do you need a gdp oriented metric ???
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