Raghuram Rajan served at the Reserve Bank of India until September
Rajan is now the vice chair of the Bank for International Settlements
- China is clamping down on its economic engines
- China is a risk to global growth as economic engines shift
- China's stop-go nature creates growth volatility
- There's growing confidence in the global recovery
Sounds like he's not a huge fan of the way China does things.
Rajan is in Mexico with Bank of Mexico Governor Carstens who said:
- Mexican CPI rising on external pressures and energy reform
- Mexico needs to diversify in new markets
- Technological change an underlying factor in global crisis
