Raghuram G. Rajan
Much to gain from a successful India
India's economy is more balanced than that of other fast-growing Asian economies, observes Raghuram G. Rajan in Fault Lines: How hidden fractures still threaten the world economy ( Collins). “Partly as a result of democratic pressures, it has not been as biased towards producers or exporters, and therefore does not require a major change in strategic direction. However, there are a number of areas where it needs to act far more decisively and rapidly than it currently is doing,” he adds.