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Title: Fault Lines: A Book Review by Professor Menahem Prywes
Authors: Prywes, Manahem
Keywords: Raghuram Rajan
Contractionary policies
Interest rate
Issue Date: Mar-2015
Publisher: MBAEx Magazine Committee, Indian Institute of Management Calcutta
Series/Report no.: Vol.2;
Abstract: Raghuram Rajan taught for many years at the University of Chicago’s School of Business. He served as Chief Economist of the IMF, and is now Governor of the Reserve Bank of India. His book is one of what must be hundreds written on the global financial crisis of 2007-2009 but deserves to be read for delving beneath the superficial explanations for the crisis: such as greed, f r a u d , a n d b a n k e r s ’ excessive salaries - although these played a role.
Description: Biosketch: Professor Manahem Prywes is a former World Bank Economist, with over 25 years experience working in post-conflict countries leading teams in delivering effective social programs. He teaches the "Globalisation and Developing Countries" course in his capacity as a visiting faculty at IIM Calcutta.
Appears in Collections:Volume 2, March 2015 (2nd ed.)

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