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Saving the world from misguided populism: Raghuram Rajan offers some prescriptions

Updated : March 25, 2019 06:03 PM IST

Rajan does mention that in India an all powerful central government is checked not by a powerful private sector or by the media but by state governments and by bodies like the judiciary.
Rajan’s recommendation is greater decentralisation. He advises that more powers and monies be restored to local governments and communities.
Saving the world from misguided populism: Raghuram Rajan offers some prescriptions

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