Raghuram Rajan, who at 40 was the first non-western and the youngest to become the chief economist at the IMF, shot to big fame three years after he predicted a financial crisis at an annual gathering of economists and bankers in the US in 2005. Photo: Abhijit Bhatlekar/MintNew Delhi: Former Reserve Bank of India (RBI) governor Raghuram Rajan features in the list of probables for this year’s Nobel Prize in Economics, The Wall Street Journal has reported. He is one of the six economists on the list of probable winners complied by Clarivate Analytics, a company that does academic and scientific research and maintains a list of dozens of possible Nobel Prize winners based on research citations. Rajan, whose three year term as RBI governor ended on 4 September 2016, is considered a candidate for his “contributions illuminating the dimensions of decisions in corporate finance”, Clarivate said. The Nobel Prize in Economics will be announced on Monday.

Source: Mint October 07, 2017 17:15 UTC