100 Quotes by Raghuram Rajan

We have commented earlier, in the last World Economic Outlook, on the somewhat muted investment all over the world, especially in emerging markets.

We expect India to grow at around 7 to 7.5 % in calendar year 2006.

We see a shifting of global growth away from the United States to other countries. Whether it's enough is still for the jury to decide. The jury is still out.

As the US deficit continues to be financed easily, the optimists who think there is nothing to worry about are gaining ground over the pessimists who think an abrupt and costly adjustment is likely. But the optimists have to be right every day while the pessimists need to be right only once.

Europe's citizens do not seem convinced that the bitter medicine of continued structural reforms will cure the stasis that afflicts much of the Continent. It is a failure of politics that people have not come to see that the more they want to retain the attractive European way of life, the more the way they work will have to change.

The worry is how long will this continue.

The world economy has proved tremendously resilient over the last few years.

It would be fair to say to the world, 'You have never had it so good. But challenges are building in the background.

It would be fair to say the world has never had it so good.