100 Quotes by Raghuram Rajan

We are getting more and more into supply-driven price increases which are going to be more constraining for growth going forward. We are at a point where further substantial increases will start mattering far more.

The primary risk is of a greater slowing of house price growth than anticipated we estimate that the effect of house prices staying flat, as opposed to growing by about 5 percent, could lop one percentage point off U.S. growth.

There are times in the life of nations when they feel confident that they can take on the world, that they are capable of meeting any challenge. One reason such a mind-set is important is that it creates an intolerance for laziness, for shoddy products, for open corruption, and for the usual excuses. When people have a strong conviction that they can achieve the possibilities of the future, it makes them less tolerant of impediments in their way to it.

If India doesn't create the necessary infrastructure, it will hurt growth. India must take strong political steps to free up resources for investment.

Growth in 2005 will be about 0.1 percentage points lower as a result of Katrina.

If the economy turns down we may have more severe credit problems.

I think it's feasible, very feasible to see 10 percent growth rates. I don't think 10 percent is over-optimistic.

It is an emerging economy, and as a result there will be scandals. What I think is important is that these scandals stress-test the system and tell us where the deficiencies are.

It is always a concern when an important institution like the Bank of Italy comes under some uncertainty.