Excerpt
Excerpt
India in Stagflation, Not Crisis. Kenneth Rogoff, December 23, 2013, Opinion. "When the world was wondering as to how a sophisticated financial system with robust risk practices could collapse in 2008, Kenneth Rogoff, the Thomas D Cabot Professor of Public Policy and professor of economics at Harvard University had the answer. In his book, This Times Is Different — Eight Hundred Years of Financial Folly, co-authored with Carmen Reinhart, he showed that whenever there are excesses the system collapses no matter what. In an interview with ET, he says how he sees the world and India now..."