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Raghuram Rajan: ‘Society has to find a new equilibrium’

In the first of a series, the former Indian central banker explains why the solution to economic adversity is to strengthen local communities

This is part of a series, “Economists Exchange”, featuring conversations between top FT commentators and leading economists about recovery from the economic impact of coronavirus

Economist Raghuram Rajan has a word of advice for all those who worry about the state of the world at the moment: “Trust people.”

The former India central banker, now a professor at the University of Chicago Booth School, was one of the very few people who warned beforehand of the 2008 financial crisis.

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