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I Do What I Do

4.04  ·  Rating details ·  1,342 ratings  ·  136 reviews
When Raghuram G. Rajan took charge as Governor of the Reserve Bank of India in September 2013, the rupee was in free fall, inflation was high, India had a large current account deficit and India’s exchange reserves were falling. As measure after measure failed to stabilize markets, speculators sensed a full-blown crisis and labelled India one of the Fragile Five economies. ...more
Hardcover, 344 pages
Published August 1st 2017 by HarperCollins India
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Mayank Kedia Hello,

This book wont help you in understanding Indian economy in anyway. This book is collection of all the speeches given by Dr. Raghuram Rajan…more

This book wont help you in understanding Indian economy in anyway. This book is collection of all the speeches given by Dr. Raghuram Rajan during his tenure as Governor of Reserve Bank of India.

However, if you want to get insights about governance of banks, his vision about RBI and his thought process then you can read this book.(less)

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Bala Krishna
Sep 04, 2017 rated it really liked it
One of the most anticipated Economic Book of the year, especially coming from an Ex-RBI governor and one who left RBI just before the Demonetization. As the sensation loving media, repeatedly asked Mr. Rajan's take on Demonetization and his eventual silence had lead up to anticipation that this book may hold some necessary answers.

There is a wide spread rumor in media and general public that, Raghuram Rajan was removed by the government (Which is not true!) and installed a Gujarat Cadre Civil
Sep 17, 2017 rated it liked it
An almost expected collection of speeches but this time with more context around events leading up to those and beyond. I wonder why it wasn't reviewed/released as such and instead the media hype was it was a "tell-all". If you subtract that expectation and attempt to find some time to read and learn from Rajan; understand his perspective, this is a good read to have.
Anil Swarup
Sep 03, 2018 rated it it was amazing
An outstanding offering by way of speeches and articles by a man who was perhaps the only person who predicted the 2008 meltdown. The analyses of the problems that beset Indian Economy, his diagnosis and the prescription are fairly precise and logical . The reader can also discern authors yearning to bring about a change but it is indeed ironical that Raghuram Rajan couldn't really get things moving. Makings things happen in India is a different ball game and perhaps Rajan was not adept at it. ...more
Oct 12, 2017 rated it really liked it
An excellent read. The book gives you a great insight into how the mind of a central banker workers. A collection of speeches, essays and "random pieces" by RR, this collection gives an excellent perspective into how the RBI plays a pivotal role in managing the nation's economy. The part where the genius of Raghuram Rajan really stands out is when he is commenting on the global economy. Minor point - some speeches or comments by Rajan, when taken out of context, have proven to be quite ...more
Gunjan Rani
Sep 05, 2017 is currently reading it
I was so ecstatic to see that Raghuram Rajan Sir has launched a book that I couldn't abstain myself from preordering it on 3rd September. The book is due to be delivered today.
I belong to Science Stream and to be honest, my understanding of world or my eyes to see the economical world are little weak. I had to start with some book on economics to have better insight of it. I can't believe my luck that I am starting with Sir Raghuram Rajan's book.
Pradeep Rajiv
May 20, 2018 rated it it was amazing
the book was an epitome of economics that is relevant to all indians. The intention to impart this knowledge in these troubled economic and political times is truly appreciated. my sense and understanding of concepts like fiscal Prudence, bank repo rates and their implications on common Man and day today life has improved by leaps and bounds. Thanks a ton Raghuram Rajan :-)
Arun Divakar
Sep 27, 2018 marked it as to-read
Shelves: abandoned
Two topics I repeatedly try to read and fail to make headway into are economics and quantum mechanics. It was my hubris to believe that this rut would get changed by this book but no it didn’t.

Economics still eludes me. Another time !
Oct 04, 2017 rated it really liked it
"I am a professor so I lecture (though I typically lecture well)"

I'm glad someone sent this book on my way else I might have never picked it up, coloured as I was by Dr Rajan's out of brief comments on tolerance and his own departure from the RBI.

The book, basically a collection of his speeches and articles, provides a wonderful running commentary on the various changes in the Indian regulatory and economic landscape over the 3 years of Dr Rajan's governorship. In some sense it is like a
Prakhar Gupta
Nov 10, 2017 rated it it was amazing
Amazing book which opens up various aspects of Indian monetary policy. The added cherry on the top is RR's views on the financial meltdown of 2007-08 and other macroeconomic fault lines in the world.
Udit Nair
Nov 26, 2019 rated it really liked it
Well everybody is aware with the acumen raghuram rajan has in macroeconomic stability. This book is indeed an extension of that. Essentially consists of lectures he delivered at various places. One of the remarkable things which stays with me from the book is that "unorthodox ideas will lead to orthodox results which is destabilization of economy". Hence it becomes important that one sticks to the basic fundamentals of the economy as suggested by him in the book. Overall it's a good read for ...more
Monotosh Das
Oct 28, 2017 rated it really liked it
Shelves: non-fiction
During his tenure as RBI Governor, Dr. Raghuram Rajan had delivered many lectures on state of the economy including role of the RBI, controlling inflation, problem of NPA in banks. This book assembles some of those speeches along with few articles on global financial crisis and other relevant topics.

In spite of being a collection of articles, it is highly readable for most parts and well organized, especially first six chapters which articulates aim of the RBI during his tenure. Admittedly I
Kaustubh Kirti
A non controversial book on his tenure at RBI, Raghuram Rajan tries to put the entire frame on his brief stint on his three year tenure at RBI. The book is a very candid piece and he himself talks about issues and frailties in working at the central bank of India and how he felt about it. With increasing globalization and the economic prowess the position has come more and more under media scrutiny. He talks about comparison with Yellen or hawkish Volcker and how India was typecast as Fragile ...more
Sep 17, 2018 rated it really liked it
"I Do What I Do" is a collection of former "rock star" RBI Governor, Raghuraman Rajan's speeches and articles.It is divided into three sections - the first and longest called RBI days consists of speeches during his tenure as RBI Governor from 2013 to 2016. The second part has his prescient predictions of the 2008 crisis - Rajan was one of the few global economists to have seen it coming - and from the period after the crash, suggesting possible ways to prevent the recurrence of similar systemic ...more
Aug 26, 2018 rated it really liked it
Why do the poor allow the rich to be rich? In a democracy like India where the poor people are the majority, can't they elect a government that charges exorbitant taxes for the rich and distributes it to the poor? As long as everyone has equal opportunity and the most deserving become rich, it helps incentivize hard work in the society. The most deserving person creates opportunities in the society that benefits the poor and helps the society grow. In the other extreme, when the rich are rich ...more
Apr 29, 2018 rated it it was amazing
The book is a collection of speeches given by the author at various forums on a wide range of issues at various points of time, including his tenure as the governor of RBI.

Very few economists have the ability to make complex issues understandable to a layman, Mr Rajan in that sense is a gifted one. Also he belongs to the central bankers who just doesn’t churn out the data, but can empathise and bring the ‘socio-economic’ aspect into the whole central banker picture.

The book helps in getting a
Aditya Jandial
Feb 09, 2018 rated it liked it
An interesting book which draws on the experience of Dr. Rajan during his tenure as the Gov at RBI.

What's good is how it helps you understand the thought process behind some of the RBI actions while continuing to provide a basic understanding for the reader but What's not is how frequently the book changes gears. There are so many factors covered right from capital markets to bottom of pyramid banking and from FX fluctuations to Make in India . I feel the book could had been more focussed and a
Sagar Acharya
Apr 05, 2018 rated it it was amazing
Raghuram Rajan is an utter genius and it's truely evident from the book.

This book is a compilation of his speeches given through the 3 years during which he was the RBI governor and minimal comments from him. Towards the end, there are a few of his speeches and articles on economics he gave during his time at world bank.

Book being very much into economics and finance, he discusses the steps he took at RBI, namely to reduce inflation, diffuse banking services to the poor by creating better
Ashutosh Dwivedi
Sep 18, 2017 rated it it was amazing
First, take a bow Mr. Rajan. Not only for your service to the position you held but also to the vision you encompassed and the clear and logical way you communicated the vision while serving in that post. Rajan covers every aspect he touched upon during his tenure in the first section of the book and the remaining 2 sections, he devots to macroeconomic trends in the international markets. In all of these sections, he lays out a clear and coherent vision, exploring spillover effects backed by ...more
Feb 01, 2018 rated it really liked it
A light coffee table finance read for those interested in learning about the macro forces that transpire behind the scenes. It's a collection of the various speeches/lectures/letters that Dr. Raghuram Rajan has delivered while working with RBI/IMF/UChicago.
One particular speech was too exciting for me! It was Dr. Rajan's convocation address at IIT Delhi. My excitement stemmed not from the content of the address, but from the feeling that it would have been for him to deliver a convocation
Nisarg Hivare
Oct 02, 2017 rated it really liked it
The Collection of Rajan's speeches covers a broad spectrum of economic challenges of India from Central Banker's point of view. It broadly covers working with RBI, fighting inflation and understanding it through famous Dosanomics, current banking infrastructure (challenges and solutions) and political economy (from both national and economic perspectives) with many clever solutions subject to some economic adjustments reflecting his faith in India's strong institutional setup.
Yes, its a must
Aditya Kulkarni
Mar 06, 2019 rated it liked it
A good book. Basically it’s divided into three parts. First part covers the author’s term as the governor of the RBI which’s really wonderful to read. The second and the third part deal with the economic crisis that began in 2008 and some snippets written by the author previously. This is very technical and hard to read through the content.
Jan 25, 2018 rated it really liked it
This book is a collection of his speeches with some additional details. A really well written book if you want to understand what the RBI thinking process was behind the decisions made.
It is an easy read. I am not from the economics field but still was able to grasp and understand the changing landscape of Indian economy. 4 stars are for just for that.
Tintu Shaj
Sep 27, 2017 rated it really liked it
Was eager to read a book from such an eminent personality and the Central banker. The book is about the speeches he made and articles he wrote during his stint. An impressive book for a thriving economic enthusiast. And undoubtedly he has done justice to the book name too :)
Pragati Kulshrestha
If you eagerly want to know about banking and finance then this book is surely for you.
writer beautifully explained the concept Dosa Economics. He has shared his various life experiences in this book and what are the difficulties he faced during his tenure.
Anshul Agrawal
Apr 26, 2019 rated it really liked it
Shelves: couldnt-finish
So much Economics. Couldn't finish.
May 22, 2018 rated it really liked it
When Raghuram Rajan was made RBI governor, India was among the fragile five with high inflation, unstable rupee, huge NPA. The book provides details on the various step taken by RBI to strengthen the financial sector through reforms.

The reform started with banking sector expansion, by providing easy licencing to them, and negligible restrictions on them for new branch opening.

Consumer price inflation was high during Rajan's tenure because labour shifting to the non-agriculture sector, which
Vikas Meghwal
Oct 02, 2017 rated it it was amazing
"I do What I Do" written by former RBI Governor Mr. Raghuram G. Rajan, is a chronological compilation of all his important public speeches during his tenure as an all important post of RBI Chief. When he took over the post in September 2013, the Indian economy was already in turmoil and was facing constant pressure from the market. Mr. Raghuram G. Rajan added some more feathers to his already Prolific Career of playing different important global roles at ease by holding the post of RBI Chief in ...more
Nov 01, 2017 rated it really liked it  ·  review of another edition
Shelves: 2018

Table of Contents

I. Statement on Taking Office, 4 September 2013
II. The Five Pillars of RBI’s Financial Sector Policies

I. Fighting Inflation
II. Dosanomics
III. The Fight against Inflation: A Measure of Our Institutional Development
IV. Debate without Theory or Evidence

I. Competition in the Banking Sector: Opportunities and Challenges
II. Interesting, Profitable, and Challenging:
Jul 05, 2018 rated it really liked it  ·  review of another edition
At the outset, this book is a compilation of speeches by Former RBI Governor, Raghuram G. Rajan. Raghuraman speaks to you in an near-perfect first person of voice through his speeches. Prior to each speech, he highlights the context in which he had to deliver the speech.

The message is clear and inspirational. Clear about RBI being able to remain as an independent body undiluted by GoI's interests. Inspirational because it builds a bridge to future working adults in the field of finance and
Saurav Singh Kharayat
Jan 14, 2019 rated it really liked it
This book is a Bunch of well-arranged speeches, which is not much of a sensational material for media, which may disappoint it and also to the critics, who wish to blame Rajan based on the fact that he was appointed by Dr. Manmohan Government.

Mr.Rajan tries to explain the rationale, well-thought mechanism behind his every decision during his tenure as the RBI Governor. He makes it clear that all his speeches are written by himself though eventually edited to avoid any political controversies
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Raghuram Govind Rajan is a world-class Indian economist who has also served as the twenty-third Governor of the Reserve Bank of India. He also serves as Eric J. Gleacher Distinguished Service Professor of Finance at the Booth School of Business at the University of Chicago. Rajan is also a visiting professor for the World Bank, Federal Reserve Board, and Swedish Parliamentary Commission. He ...more
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“Autobiographies are always written as if the author had it all mapped out with perfect foresight, ignoring the risks and uncertainties at that time. This misleads, as much as those beautiful photographs of a past holiday abstract from the heat, the mosquitoes, and the lack of connectivity.” 6 likes
“Policy making invariably involves taking measured risks in the face of uncertainty, for one has neither a prior template nor the luxury of indecision.” 5 likes
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