I Do What I Do
Sept 2017 · Harper Collins
4,4star
277 reviews
eBook
344
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About this eBook
When Raghuram G. Rajan took charge as Governor of the Reserve Bank of India in September 2013, the rupee was in free fall, inflation was high, India had a large current account deficit and India's exchange reserves were falling. As measure after measure failed to stabilize markets, speculators sensed a full-blown crisis and labelled India one of the Fragile Five economies. Rajan's response was to go all out, not just to tackle the crisis of confidence, but also to send a strong message about the strength of India's institutions and the country's ongoing programme of reform. He outlined a vision that went beyond the immediate crisis to focus on long-term growth and stability, thus restoring investor confidence. Boldness and farsightedness would be characteristic of the decisions he took in the ensuing three years. Rajan's commentary and speeches in I Do What I Do convey what it was like to be at the helm of the central bank in those turbulent but exciting times. Whether on dosanomics or on debt relief, Rajan explains economic concepts in a readily accessible way. Equally, he addresses key issues that are not in any banking manual but essential to growth: the need for tolerance and respect to assure India's economic progress, for instance, or the connection between political freedom and prosperity. I Do What I Do offers a front-row view into the thinking of one of the world's most respected economists, one whose commitment to India's progress shines through in the essays and speeches here. It also brings home what every RBI Governor discovers for himself when he sits down at his desk on the 18th floor: the rupee stops here. Right here!
Ratings and reviews
4,4
277 reviews
Karan Patel
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24 September 2017
His pathetic moves brought inflation level at 12%. He's overrated RBI governor who rely on numbers rather ground reality.
27 people found this review helpful
N K
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25 August 2019
Nanubhai Parmar central bank of India, surat. I have read such types of book first time and happy to read it. I really happy to know about Sir Rajan who has been awarded many prestigious award on world level as economist.he has done hard work to improve our financial stability during his tenure. As a banker, our great salute to him and expect he will be a finance minister of India in future.
1 person found this review helpful
Nishant Kumar
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22 November 2017
the genius amongst us Indian often leave us to live in US just because of atmosphere and true academia. that's all. Feel proud that he is an Indian
35 people found this review helpful
About the author
Raghuram G. Rajan is the Katherine Dusak Miller Distinguished Service Professor of Finance at the Booth School of Business at the University of Chicago. He was Governor of the Reserve Bank of India between 2013 and 2016, and is the bestselling author of I Do What I Do and Fault Lines, and the co-author of Saving Capitalism from the Capitalists.
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