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Raghuram Rajan on Understanding Community

Conversations with Tyler

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Reflections on the 2008 Financial Crisis and Its Aftermath

This chapter reflects on the long-term impacts of the 2008 financial crisis, examining technological changes and the decline of middle-income jobs. It discusses the need for structural economic changes, skill development, and the complexities of banking regulation, particularly in relation to deposit insurance and institutional behaviors. The conversation also emphasizes the importance of historical lessons from past financial crises and the evolving role of global financial institutions.

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