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Description 

Fault Lines: How Hidden Fractures Still Threaten the World Economy by Raghuram Rajan is a critical analysis of the global economic system, examining the underlying causes of financial instability and crises. Rajan, an economist and former Governor of the Reserve Bank of India, explores the economic "fault lines" that have led to financial crises, including rising inequality, the imbalance between the rich and poor, and the fragility of global financial systems. He argues that the world’s economic problems are deeply rooted in both domestic policies and international factors and calls for systemic reforms to address these issues. The book provides a comprehensive, accessible understanding of global economics and is an insightful read for anyone interested in the future of the world economy.

About the Author

Raghuram Rajan is an Indian economist, academic, and former Governor of the Reserve Bank of India (RBI), known for his influential work on global economic stability. He gained international recognition for his prescient warnings about the 2008 global financial crisis, which he highlighted in his 2005 paper. Rajan has held prominent roles, including as the Chief Economist and Director of Research at the International Monetary Fund (IMF). He is also a professor at the University of Chicago Booth School of Business. Rajan is respected for his expertise in macroeconomics, financial systems, and policy, and he is an advocate for economic reforms that address inequality and promote sustainable growth. His books, including Fault Lines and I Do What I Do, offer deep insights into global economics and financial stability.