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Event Details
Fault Lines: How Hidden Fractures Still Threaten the World Economy
~ Financial Times and Goldman Sachs Best Business Book of the Year 2010 ~
Raghuram G. 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. He outlines the hard choices we need to make to ensure a more stable world economy and restore lasting prosperity.
This event will kick off the celebration for Chicago Booth's ten years in Asia. Join us to commemorate this significant milestone in the first of a series of anniversary events.
Excellent. . . . Fault Lines deserves to be widely read in a time when the tendency to blame everything on catch-all terms like 'globalisation' is gaining ground. -- Economist
Few people were able to foresee the recent economic downturn. Raghuram Rajan . . . was one of them. This makes his new book, Fault Lines, worthy of consideration amidst the rampant speculation about the causes of the financial crisis. . . . Fault Lines is valuable primarily for its clear explanation of unintended economic consequences from well-meaning government intervention. -- Washington Times
Program:
11:30-12:30 pm Buffet Lunch served
12:30-1:45 pm Program
1:45-2:30 pm Afternoon Tea and Networking
Cost: (includes Lunch and a copy of Fault Lines worth $43.38 at Kinokuniya)
U of Chicago/Chicago Booth Alumni & Students $30
General Public $40
Amcham members/DUAL/Britcham $30 with discount code
About Professor Rajan:
Raghuram Rajan is the Eric J. Gleacher Distinguished Service Professor of Finance at the University of Chicago’s Booth School of Business.
Dr. Rajan is also currently an economic advisor to the Prime Minister of India. Prior to resuming teaching in 2007, Dr. Rajan was the Economic Counselor and Director of Research (in plain English, the Chief Economist) at the International Monetary Fund (from 2003).
Since then, he has chaired the Indian government’s Committee on Financial Sector Reforms, which submitted its report in September 2008.
Dr. Rajan’s research interests are in banking, corporate finance, and economic development, especially the role finance plays in it. His papers have been published in all the top economics and finance journals, and he has served on the editorial board of the American Economic Review and the Journal of Finance. He has also written a book with Luigi Zingales entitled Saving Capitalism from the Capitalists. His most recent book Fault Lines: How Hidden Fractures Still Threaten the World Economy was awarded the Financial Times and Goldman Sachs Best Business Book of the Year 2010.
Dr. Rajan is a senior advisor to Booz and Co, on the academic advisory board of Moodys, and on the international advisory board of Bank Itau-Unibanco. He is a director of the Chicago Council on Global Affairs and on the Comptroller General of the United State’s Advisory Council. Dr. Rajan is the current Vice President of the American Finance Association and a member of the American Academy of Arts and Sciences. In January 2003, the American Finance Association awarded Dr. Rajan the inaugural Fischer Black Prize, given every two years to the financial economist under age 40 who has made the most significant contribution to the theory and practice of finance.
When & Where
The House of Tan Yeok Nee
101 Penang Road, corner of Clemenceau Road
Singapore,
238466
Singapore
Thursday, November 11, 2010 from 11:30 AM to 2:30 PM (GMT+0800)
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