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Raghuram among world's most powerful economists

india Updated: Nov 14, 2010 21:30 IST

Renowned Indian-origin academician Raghuram Rajan has been named alongside US Federal Reserve chairman Ben Bernanke and Nobel laureate Paul Krugman among the seven most powerful economists in the world, according to a compilation in Forbes.

In the feminist category, Indian environmentalist Vandana Shiva has been named as one of the seven most powerful feminists in the world.

Roubini, Harvard alumnus and New York University professor who predicted the global financial crisis, picked the world's most powerful economists. His list of seven includes US President Barack Obama's chief economic adviser Lawrence Summers, Bernanke, and New York Times columnist Krugman.

Roubini said Raghuram Rajan, professor of finance at the University of Chicago's Booth School of Business, was one of the earliest economists to point out the "distortions in bankers' and traders' compensation and other serious flaws of Wall Street that led to the US and global financial crisis."