Difficult changes for global economy

March 15, 2013

Business Today

CFSP member Abhijit Banerjee shared the stage with India's chief economic adviser, Raghuram Rajan,  at the India Today Conclave in New Delhi. They both urged India to create new ways to make that country's economy grow. Banerjee was more pessimistic about the pace of recovery in industrialized countries and urged India to address the need for reforms.