August 2, 2010
The Taj Mahal Palace and Tower Mumbai
7 p.m. Registration and Reception
7:30 p.m. Presentation
8:30 p.m. Networking Reception
9:30 p.m. Program concludes
Fault Lines: How Hidden Fractures Still Threaten the World Economy
Raghuram Rajan, Eric J. Gleacher Distinguished Service Professor of Finance, Chicago Booth
Join professor Raghuram Rajan as he talks about his new book, Fault Lines: How Hidden Fractures Still Threaten the World Economy. The discussion will cover how the individual choices that collectively brought about the economic meltdown were rational responses to a flawed global financial order in which the incentives to take on risk are incredibly out of step with the dangers those risks pose.
Rajan will discuss how unequal access to education and health care in the United States is eroding the quality of its policy making, even while the growth paths chosen by large countries like Germany, Japan, and now China place an undue burden on the United States to get its policies right. He outlines the hard choices we need to make to ensure a more stable world economy and restore lasting prosperity.