India will miss Raghuram Rajan as teacher more than as banker
Indian business must cop the blame for doing little to foster educational institutions that might have made Rajan consider teaching in India
The collective lament around the decision of Reserve Bank of India (RBI) governor Raghuram Rajan to go back to his academic roots after his term is over in September masks a far bigger tragedy, the loss of Rajan the teacher to India. Indeed, India’s loss could have been a gain, a gain so huge that it could have had cultural ripples benefitting the economy in multiple ways.
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