I don’t have the ability to think quickly: Raghuram Rajan

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New Delhi:The global economic recovery could be hit if the trade war between the US and China escalate, renowned economist and former Reserve Bank of India Governor Raghuram Rajan said today.”There are very worrisome scenarios here. I think we should not take this lightly,” he said here.
“I do hope that better sense sort of prevails and we move off from a full-fledged process of one country doing it and the other country reacting and so on,” he said.
Rajan, Professor, Finance, University of Chicago, advised that one should stay away from trade war particularly at a time when the economy the world over was in the process of recovery.
“I don’t have time. My sense is that in many of these things, once you start engaging, you have to be consistent.. I certainly can’t because I don’t have the ability to think quickly and respond in you know 20-30 seconds in 140 characters,” he said in a lighter note.Mr Rajan said this when asked about his absence in the social media during an interaction with reporters.
Rajan, currently a professor of finance at the University of Chicago Booth School of Business, was one of the keynote speakers at the #future digital summit organised with the support of the Kerala government to pave the way for the state’s digital future.
Over two days, the summit saw hectic deliberations between CEOs, industry leaders and government officials on the intersection of technology and various sectors such as banking, travel, health and education. The summit was inaugurated by Chief Minister Pinarayi Vijayan who launched a unified governance mobile app that will help citizens utilise government services better. Infosys co-founder Nandan Nilekani, Sajan Pillai of UST Global, Harish Krishnan of CISCO and Gita Gopinath from Harvard University were some of the prominent attendees at the summit.

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