Rajan offers solution to global policy spillovers

raghuram-rajan-rbi
Raghuram Rajan. Photo: Vishal Kullarwar

Reserve Bank of India (RBI) governor Raghuram Rajan has outlined a plan designed to end the destabilising global effects of certain central bank policies.

Rajan has long been a vocal opponent of policies that send damaging shockwaves across borders, particularly quantitative easing and currency interventions, which, he argues, bring limited domestic benefits and force foreigners to bear heavy costs.

Having reiterated this argument in remarks to an International Monetary Fund conference in New

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

Register for Central Banking

All fields are mandatory unless otherwise highlighted

This address will be used to create your account

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account

.