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Booz & Company
The Global Economy: Risks and Opportunities
Global Economic Briefing - September 2011
A Video Briefing by Professor Raghuram Rajan
Among the Senior Advisors to Booz & Company is Professor Raghu Rajan of The University of Chicago Booth School of Business, former chief economist of the International Monetary Fund, and author of the acclaimed book, Fault Lines: How Hidden Fractures Still Threaten the World Economy.
Professor Rajan recently briefed our Board, providing them with his perspectives on the state of the global economy. He spoke in depth about the prospects for the U.S. economy—will growth return, at what level, and does the U.S. face the danger of a Japanese-style “lost decade”?
   watch the video
He then examined the state of Europe, with particular focus on the sovereign-debt crisis roiling European markets now, the policy options facing EU governments, and the implications of each choice. He has agreed to let us make his brief available to you, in the form of a video chalk talk.
Raghuram Rajan was the Chief Economist at the International Monetary Fund (IMF) from September 2003 until January 2007. He has thus far been the youngest person to hold the position.
In early 2007 Professor Rajan returned to the Booth School of Business at the University of Chicago, where he is the Eric J. Gleacher Distinguished Service Professor of Finance.
An intellectual leader, Professor Rajan has published extensively, and in 2003 he earned the inaugural Fisher Black Prize, which is presented annually by the American Finance Association to independent financial researchers under the age of 40 who have made exemplary contributions to the theory and practice of finance.
In 2009 he joined Booz & Company as a Senior Advisor on Economics. In this role he will provide regular updates on the global macro-economy to the firm and our clients.

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