The new Chief Economist at the International Monetary Fund Raghuram Rajan said in an interview that the IMF is extremely strong in its views on exchange rates, monetary policy, and fiscal policy and that "I suspect my appointment reflects the fact that they want more weight being put on the microeconomics side". Asked if he is too young, at 40, for an appointment like this he replied that though young in years he has been a full professor for eight years now.

First published in Business Week