To know why and how, flip through the pages of Raghuram G. Rajan's latest book fault lines

Sulkings colleagues, a boss who kept promising a hike that never came, the laptop I couldn't buy and the holiday that didn't happenu00a0-- that was how I recalled recession until I got hold of Raghuram G Rajan's Fault Lines.u00a0


In developing countries, inequality of income has pernicious effects.
It restrains development and also leads to the wrong kind of policies

Driven by logic
The book would interest anyone who's clueless about taxation
procedures and loan repayment. Apart from being a detailed explanation of how the global recession came in, the book also gives sound logics as to why the fissures that almost pushed the world economy to the brink of collapse still exist and will continue to pose a threat until leading economies implement fundamental reforms.