Red; Orange; Green: RBI Governor Raghuram Rajan signals time for a global monetary review

May/June 2016, India & The World, 2016
India’s banking chief Raghuram Rajan is recognised worldwide among a handful of those who had foreseen risks in the system before the 2008 financial crisis. As governor of Reserve Bank of India (RBI), he has become a leading voice for the developing world in international fora. During a recent visit to the UK, he articulated his traffic signal model to move the world towards a more responsible monetary policy.