Have you heard of the Raghuram Rajan’s new book name? Yes I’m talking about Raghuram Rajan’s “I Do What I Do!” Here’s a complete review of the Raghuram Rajan’s book “I do what I do.” So, read it all the way to the end!
I Do What I Do by Raghuram G. Rajan, Governor of the Reserve Bank of India (2013 – 2016) talks about the author’s tenure as the RBI president. In addition to being one of the most memorable RBI Presidents, this man has been the Vice Chairman of the Board of the Bank for International Settlements.
When in September 2013, he accepted his position as the Governor of the Reserve Bank of India; the inflation was in its full swing. At the same time, the value of Indian rupee was failing terribly. At that moment, India was going through enormous current account deficit while the national exchange reserves were sinking. The period was a full-blown disaster and is identified as one of the most Fragile Five economies of India.
It is surely Raghuram Rajan’s best book. It highlights his positive response and reaction while confronting the crisis. Hence, it conveys a strong message about the power of Indian institutes and the nation’s ongoing program of development and renovation.
Here’s a glimpse of all the essential and central ideas the book explores.
I Do What I Do by Raghuram G. Rajan: General message to extract between the lines!
The book “I Do What I Do” describes Raghuram Rajan’s tenancy as the RBI Governor. The title of the book, “I Do What I Do” by Raghuram G. Rajan originates from one of his critical responses to mass media that turned out to be a sensation. I Do What I Do by Raghuram G. Rajan sketches a vision that goes beyond the abrupt crisis and emphasizes on long-standing development, strength and stability, thus reestablishing financier’s confidence.
Points to Ponder
I do what I do by Raghuram G. Rajan covers a lot of things to learn. If you are a learner of economics, then it is one of the must-read business books as it refers to the current finances and economics. But yes, if you are a greenhorn to economics and finances related things, then you may perhaps find this book a bit outlandish. However, after you understand the conceptions and theories, this book may triumph over your thoughts.
The book is a lot more than just an assortment of Raghuram G. Rajan’s speeches in the course of the three-year tenure as the Governor of RBI. It has stories, outlines to each of the speeches in addition to the motives behind the delivery of each discourse.
I Do What I Do will carry you back to the year 2014 when Indian Finances and India were somewhat in raging condition. Raghuram Rajan’s tenure was not at all a cake walk. He took over the chief position in Indian economy among the disorder of rising prices and falling Indian rupee. He made some bold decisions and judgments all through his freehold. His procedures have won a lot of applause, compliments as well as disapprovals among the economists and individuals. The book describes the motives behind those resolutions, his thoughts on Indian economy and its future.
He expounds several matters, his beliefs, ideology and the decisions he took in the course of those instances. Confidence, wisdom, and foresight would be the distinguishing features of the decisions he made during the subsequent years. His approaching and unregretful nature is evidently visible in his works as is his commitment to his job.
In the book, “I do what I do,” Mr. Rajan states about his crew’s hard work for the period of his tenure. He further talks about honorable Prime Minister, Mr. Narendra Modi’s economic development, and its consequences. The book conveys a lot of support for present Government’s work on financial inclusion and underlines the prominence of ‘Make in India’ as well.
While writing the book, Rajan goes out of his way to elucidate existing economic views more effortlessly. In fact, I must say that it is one of the best business books to study about the economy, particularly for learners. He thoroughly describes few technical terms linked with finances and makes every possible attempt to make it clear to the average book lovers as well.
I Do What I Do by Raghuram G. Rajan provides you an extraordinary view of the approach of one of the most appreciated economists of the world. In all conscience, Raghuram G. Rajan is a financial expert whose commitment to India’s development sparkles through his work. Along these lines, I Do What I Do becomes one of the most anticipated Economic Books of the year. And yes, don’t forget that the book comes from the Ex-RBI governor who resigned right before the Demonetization.
Has the author managed to convey all the resolutions of the book?
On the whole, this book is a fantastic read to understand the underlying forces and cooperative work between administration, markets as well as Banks.
Mr. Raghuram G. Rajan attempts to keep the book, “I Do What I Do” out of any fuss. In fact, he tries to inculcate readers’ faith in RBI, its current governor, and the administration.
The book enlightens a lot about financial and economic conceptions, but I would suggest you pick it only if you are acquainted with at least ‘E’ of the ‘Economics.’ And yes, if you have keen interest to understand the past economic events.
The account is somewhat interesting though at times you may feel that it’s a bit unstable and shifting between being too simple to too tough.
My Recommendation on I Do What I Do by Raghuram G. Rajan
A brilliant book! The book “I Do What I Do” provides exposure, not just about the Economic and business topics but also about Raghuram Rajan’s standing. He is a knowledgeable professional expressing his thoughts in such a straightforward and intelligible way that any person with even a little interest in finance or economics could read it. A breathtaking aptitude of explaining complicated subjects!
However, if you are not very knowledgeable in economics, I would suggest you have patience. Don’t hesitate to read bit by bit, grasp little by little and re-read if needed. Trust me; here is a volcano of information waiting to erupt and soak you with the lava of knowledge. The author would take you on a spectacular voyage of wisdom and expertise!
Certainly, I Do What I Do by Raghuram G. Rajan is outstanding! Just read it wisely and try to explore the details. This book offers you an experience of how it feels to walk a mile in the shoes of the India’s RBI Governor! A must-read business book for any investor of the Indian economy – beyond a shadow of the doubt! This book is a pearl; a gem for anybody who wishes to apprehend the challenges we have beaten and those that are in front of us. Remarkable, reasonable, brief and understandable!
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