Papers and Publications

Full Length Articles/Books

 

1.                  “Infrastructure and Fiscal Management”, (With Narayana Delampady) Economic and Political Weekly, Vol 53, No.20, May 19, 2018

 

2.            “Economic revival or Dead Cat Bounce?”, Economic and Political Weekly, Vol 53, No.9, March 03, 2018

 

3.      “The Rupee Stops Here”, Review of I Do What I Do by Raghuram R Rajan,  Harper Collins, 2017 pp. xvi and 325. The Book Review, December 2017

 

4.      “A Farewell to Arms”, Economic and Political Weekly, Vol 51, No.31, July 30, 2016

 

5.      Demystifying Indian Growth”, East Asia Forum, June 23, 2016

 

6.      ”Monetary Policy Dilemmas at the Current Juncture”, Economic and Political Weekly, Vol. 51, No. 12, March 19, 2016

 

7.      Will India lead the next wave of global economic growth?”, East Asia Forum, March 16, 2016

 

8.      How to pass the baton of global power”, East Asia Forum December 1, 2015

 

9.      Global Growth: Is the Framework for Strong, Sustainable and Balanced growth still relevant?” The Future of International Governance and the G 20, International Conference at the Lowy Institute, Sydney, Australia, May 20-21, 2015.

 

10.   Looking Back at Macroeconomics 101:  A Ringside View of the Global Financial Crisis from Asia in Real Time, Book, Academic Foundation, October 2015. Contents   Reviews: 1.  Business Standard March 11, 2016 (Print Version) 2.  The Financial Express May 1, 2016 (Print Version) 3.  Economic and Political Weekly, June 11, 2016 (Print Version)

 

11.   International Financial Regulatory Reform: A Mid-term Assessment from an Emerging Market Perspective (With Meeta Ganguly) in) Kathuria, Rajat & Nagpal, Neetika Kaushal, ed, Global Economic Cooperation: Views from G 20 Countries, Springer, 2016 Part IV : Reforming the Global Financial System: Implications for long-term investment finance, pp. 167-209.

 

12.   “ How the Reserve Bank of India escaped the central banking crisis”, East Asia Forum, October 8, 2015.

 

13.     “China, India and Global Headwinds”, East Asia Forum, August 25, 2015.

 

14.   ”Deconstructing Indian Monetary Policy Through the Taylor Rule”, Economic and Political Weekly, Vol. 50, No. 34, August 22, 2015  

 

15.   “Agricultural Trade and Markets in British India: Shahabad and Gaya Districts, 1800-1920,”  Indian Historical Review, Vol 42.1 June 2015.

 

16.     “Public Financial Crisis”, Review of Financial and Fiscal Policies. Crises and New Realities by Y.V.Reddy, Narayan Valluri and Partha Ray,  Oxford University Press, New Delhi, India. 2014. pp. xviii and 344. Economic and Political Weekly, Vol. 50, No. 17, April 25, 2015.

 

17.         “Asian Review: An Indian Resurgence. Will Modi’s Arrows Hit the Mark?”, East Asia Forum Quarterly, Vol. 7, No. 1, Jan-Mar 2015, Minorities in Asia (Crawford School of Public Policy, Australian National University, Australia) pp.13-16. Longer version published as ‘Challenges for an Indian Resurgence’ in Policy Audit

 

18.   “Quantitative Easing and the Helicopter Drop: Macroeconomic Policy Beyond the Zero Bound”, Economic and Political Weekly, Vol. 50, No. 11, March 14,2015.

 

19.   “Emerging Markets and International Financial Institutions: Looking Ahead”, Yojana, February 2015, pp.17-20.

 

20.     “Unravelling of the Bretton Woods Twins”, Economic and Political Weekly, Vol. 49, No. 42, October 18, 2014.

 

21.   The New Triad of Policy Concerns, Review of Monetary Policy, Sovereign debt and Financial Stability: The New Trilemma, edited by Deepak Mohanty, Reserve Bank of India 2014, Foundation Books, Cambridge University Press, India. Pp. i-xiv and 1-370. Economic and Political Weekly, Vol. 49, No. 23, June 7, 2014.

 

22.   The Challenges in IMS Reforms: An Emerging Markets’ Perspective, The G20 Macroeconomic Agenda : India and the Emerging Economies, Chapter 8. Cambridge University Press, 2014. 

 

23.   The Unravelling of Inflation Targeting, Economic and Political Weekly, Vol. 49, No. 20, May 17, 2014.

 

24.   India’s Three Arrows, Yojana, Vol. 58, April 2014.

 

25.   Global Spill Overs and EMEs, (session 1)  EMEs’ Response to Global Spill Overs (session 2), at the High Level Round Table on Finance: Monetary and Regulatory Spill Overs on Emerging Markets and Developing Countries, Blavatnik School of Government, University of Oxford, February 12, 2014.

 

26.     The Operation of the G 20 to date: Emerging Country Perspectives”, (with Changyong Rhee, Chief Economist, ADB), in Kemal Dervis & Peter Drysdale, ed., The G 20 Summit at at Five: Time for Strategic Leadership, Brookings Institution Press, July 2014.

 

27.   “A Monetary Policy Rule for Emerging Market Economies: The Impossible Trinity with the Taylor Rule”,  Economic and Political Weekly, Vol. 49, No. 04, January 25, 2014.

 

28.   “G 20 and the Policy Response to the Global Financial Crisis”  ed. Michael Callaghan, Chetan Ghate, Stephen Pickford and Francis Rathinam,  Global Cooperation Among G20 Countries: Responding to the Crisis and Restoring Growth (Springer,  New Delhi, Dordrecht, Heidelberg, London, New York 2014) Part VI. Austerity and Growth. (pp. 241-280)

 

29.   “Resurgence and Limitations of Keynesianism”, (with C.Rangarajan) ed. Raj and Uma Kapila, Economic Developments in India, Volume 191, Academic Foundation, 2013. Chapter 2, pp. 25-30.

 

30.   “Relevance of Keynesianism in the Post Recession Period,” (with C.Rangarajan), Economic and Political Weekly, Vol. 48, No. 32, August 17, 2013.

 

31.   “Macro-economic Policies for India’s Growth Crisis” , Economic and Political Weekly, Vol. 48, No. 19, May 11, 2013.

 

32.     “Growth or Austerity: The Policy Dilemma” (with C.Rangarajan), ICRA Bulletin, Money and Finance, February 2013)

 

33.   “IMF and the Eurozone: A Developing Country Perspective” Economic and Political Weekly, Vol. 47, Issue No.52, December 29, 2012

 

34.     “Challenges in IMS Reforms: A Global and Emerging Markets Perspective”, Keynote Speech, 5th Indian Council for Research in International Economic Relations (ICRIER) - Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) Annual Conference, Reforming the International Monetary System: A Dialogue on Challenges and Cooperation. December 5-6, 2011, India Habitat Centre, New Delhi. Published as ICRIER Policy Series # 11 , December 2011.

 

35.     “G20 and Multilateral Economic Cooperation”, ed. Kaushik Basu & Annemie Maertens, The New Oxford Companion to Economics in India.(2 Vols) Oxford University Press, February 2012. Vol I, pp. 277-282

 

36.    “The Macroeconomic Policy Response to the International Financial Crisis through an Indian Prism”, in Asian Perspectives on Financial Sector Reforms and Regulation,  Masahiro Kawai and Eswar Prasad, eds., Brookings Institution Press 2011 c. 321pp. Also available as e-book ISBN: 978-0-8157-2211-3

 

37.     Infrastructure Finance and Global Rebalancing, G-24 Policy Brief No. 61, 02/12/2010

 

38.     Review article on K. N. Panikkar, Colonialism, Culture and Resistance,  & Subrata Dasgupta, The Bengal Renaissance: Identity and Creativity from Rammohan Roy to Rabindranath Tagore, Indian Economic and Social History Review, Vol.47, No.3, July-September 2010.

 

39.     "A Contemporary History of Anthropogenic Climate Change", ORF Discourse, Volume 4, Issue 2, August 2009,  Observer Research Foundation, New Delhi

40.  “Financing Government Expenditure with Special Reference to Kerala”,  in N.J .Kurian & Jacob John ed., Sub-National Fiscal Sustainability in a Globalized Setting, Chapter II, Cambridge Scholars Publishing, 2009. 

 

41.   "The Rise and Fall of Securitized Structured Finance?" (with Meeta Ganguly), Economic and Political Weekly, Vol. 43, No. 16, April 19 – April 25, 2008. pp. 44-51

 

42.   “Economic Performance and Prospects”, in India – History of Nations (pp. 237-242), ed. Jann Einfeld, San Diego, CA : Greenhaven Press, 2003. 

 

43.    “Strategy Paper on Aluminum Tariffs for India”, Rajiv Gandhi Institute for Contemporary Studies, Working Paper Series, No. 23, 2001.

 

44.     “Political Economy of India 1800-2001”,  The International Journal of Commerce and Management,  Indiana University of Pennsylvania, Indiana, PA, U.S.A Volume 11, No. 2, 2001. 

 

45.   Review article on Nariaki Nakazato, Agrarian System in Eastern Bengal c.1870-1910, and Chitta Panda, The Decline of the Bengal Zamindars. Midnapore 1870-1920 , Indian Economic and Social History Review ", Vol.39, No.4, December, 1999.

 

46.     "Bubonic Plague in South Bihar. Shahabad and Gaya Districts, 1900 - 1924", Indian Economic and Social History Review, Vol.35, No.4, December, 1998. 

 

47.  "Agricultural Geography of South Bihar : Gaya and Shahabad Districts, 1860 - 1920" , Indian Economic and Social History Review, Vol.30, No.1, January, 1993.

 

48.    "Long-Term Demographic Trends in South Bihar : Gaya and Shahabad Districts, 1811-1921", Indian Economic and Social History Review, Vol.29, No.3, September, 1992

 

49.   "Emergence of Super-Merchants", Review of Merchants, Markets and the State in Early Modern India, ed. Sanjay Subrahmanyam, in The Book Review, Vol.XV, No.2, March-April, 1991

 

50.   "The Shadow Empire", Review of Improvising Empire : Portuguese Trade and Settlement in the Bay of Bengal 1500 - 1700, by Sanjay Subrahmanyam, in The Book Review, July - Aug, 1991

 

51.    "Peasantry and Nationalism in Late Colonial India", Studies in History, 2,2, n.s. (1986). Reprinted in Agrarian Structure and Peasant Revolt in India, ed. A.K.Gupta (New Delhi, 1986)

 

52.  "Eastern Uttar Pradesh : Inundation and Backwardness", Economic and Political Weekly, Vol.18, No.13, March 26, 1983.

 

53.    "Dynamics of Rural Agitation", Review of Peasant Nationalists of Gujarat Kheda District 1917 - 1934 by David Hardiman, in The Book Review, Vol. VI, No.3, Jan-Feb. 1982.

 

54.      "Decadence of a Society", Review of Land, Landlords and the British Raj. Northern India in the Nineteenth Century by Thomas R. Metcalf, in The Book Review, Vol. IV, Nos. 5 & 6, March/April & May/June, 1980.

 

Links to pieces in Economic and Political Weekly

Links to opinion pieces in East Asia Forum

Links to opinion pieces in Mint

Links to opinion pieces in Business Standard

Links to opinion pieces in Indian Express

Links to opinion pieces in Financial Express

Links to comments in Financial Times

 

 

All Op-Ed Contributions

 

1.      “A Brief History of Time”, Mint, New Delhi, March 09, 2017. (Print version)

2.      “Is Globalization in Retreat?”, Mint, New Delhi, March 09, 2017. (Print version)

3.      “Liberalism at the Crossroads”, Mint, New Delhi, February 09, 2017. (Print version)

4.      “Demonetisation and Monetary Policy”, Mint, New Delhi, January 12, 2017. (Print version)

5.    A blunt instrument of economic policy”, Mint, New Delhi, December 8, 2016. (Print version)

6.      Is the history of the 1930s repeating itself”, Mint, New Delhi, November 10, 2016. (Print version)

7.      “The Reserve Bank of India’s Neutral Rate of Interest”, Mint, New Delhi, October 13, 2016. (Print version)

8.      “Financial Repression Redux”,  Mint, New Delhi, September 8, 2016. (Print version)

9.      “Floodplains and Flash Floods”, Mint, New Delhi, August 11, 2016. (Print version)

10.  “The Future of our Economy”, Mint, New Delhi, July 14, 2016. (Print version)

11.  “Golden Rules of Investment and Debt”, Mint, New Delhi, June 9, 2016. (Print version)

12.  “Managing India’s Freshwater”, Mint, New Delhi, May 12, 2016. (Print version)

13.  “Wealth, Happiness and Liberty”, Mint, New Delhi, April 14, 2016. (Print version)

14.  “India in the Global Economy”, Mint, New Delhi, March 10, 2016. (Print version)

15.  “The Mechanics of Central Banking”, Mint, New Delhi, February 11, 2016. (Print version)

16.  "Liberty and the Nation State", Mint, New Delhi, January 14, 2016. (Print version)

17.  “The Economics of Demographic Shifts”, Mint, New Delhi, December 10, 2015. (Print version)

18.   “The Crisis in Global Governance”, Mint, New Delhi, November 11, 2015. (Print version)

19.  “Deconstructing Corruption in India”, Mint, New Delhi, October 15, 2015. (Print version)

20.  “RBI and the Crisis of Central Banking,”  Business Standard, New Delhi, September 28, 2015. (Print version)

21.  “Seven Years of Global Financial Crisis”, Mint, New Delhi, September 10, 2015. (Print version)

22.  “Coping with Global Headwinds”, Mint, New Delhi, August 12, 2015. (Print version)

23.  “India still needs to enter the market for reform”, East Asia Forum, July 12, 2015 (PDF)

24.  “After the Greferendum”,  The Indian Express, New Delhi, July 8, 2015. (Print version)

25.  “The Blunting of Macroeconomic Policy Tools”, Mint, New Delhi, July 08, 2015. (Print version)

26.  “The Grexit Fallout”,  Financial Express, New Delhi, July 7, 2015. (Print version)

27.  “Will Modi’s Arrows Hit the Mark?”, East Asia Forum, June 23, 2015. (PDF)

28.  “An Economics to Fit the Facts?”,  Mint, New Delhi, June 10, 2015. (Print version)

29.  “Wanted: Productivity Fuelled Growth”, Mint, New Delhi, May 13, 2015. (Print version)

30.  “Indian Economy: To Plan or Not to Plan”, Mint, New Delhi, April 8, 2015. (Print version)

31.  “The Test of a Good Budget”, Mint, New Delhi, March 11, 2015. (Print version)

32.  “Beyond the New Growth Estimates”, Mint, New Delhi, February 11, 2015. (Print version)

33.  “Housing and Financial Stability”, Mint, New Delhi, January 16, 2015. (Print version)

34.  “Frozen in Time: World Bank, IMF”, Mint, New Delhi, December 15, 2014 (Print version)

35.  “Less growth, more time for leisure, family and friends?”, Financial Times, London, October 17, 2014 (Print version)

36.  “The Great Stagnation and the G 20”, Mint, New Delhi, September 26, 2014 (Print version)

37.  “For Freedom and Markets”, Business Standard, New Delhi, August 24, 2014. (Print version)

38.  “Re-booting the G 20 Framework”, Business Standard, New Delhi, July 24, 2014. (Print version)

39.  “Time to remember the crisis fable of the Ant and the Grasshopper”, Financial Times, London, July 7, 2014 (Print version)

40.  “Financial Regulatory Reform: The Emerging Market Perspective”, Financial Express, New Delhi, June 13, 2014. (Print version)

41.  “Financial Regulatory Reform: A Mid-term Reality Check”, Financial Express, New Delhi, June 12, 2014. (Print version)

42.  “What it Takes for an Economic Turnaround”, The Indian Express, New Delhi, May, 19, 2014. (Print version)

43.  “Inflation Control Dynamics”,  Financial Express, New Delhi, May 16, 2014. (Print version)

44.  “Pause and Reframe”, The Indian Express, New Delhi, March 24, 2014. (Print version)

45.  “India’s Three Arrows – How it Can Fire Itself Back to High Growth”, Business Standard, New Delhi, March 2, 2014 (Print version) 

46.  “When Rates Don’t Matter”, The Economic Times, New Delhi, February 27, 2014 (Print version)   erratum

47.  “The Dollar Drag”, Financial Express, New Delhi, February 7, 2014. (Print version)

48.  “How Emerging Markets Deal with Global Spill Overs”, Business Standard, New Delhi, January 26, 2014 (Print version)

49.  “Ring-fencing Wall Street”, (with Meeta Ganguly), The Indian Express, New Delhi, December 23, 2013. (Print version)

50.  “Resurgence and Limitations of Keynesianism”, (with C.Rangarajan), Financial Express, October 23, 2013. (Print version)

51. Different StrokesThe Indian Express, New Delhi, September 30, 2013. (Print version)

52.  “St Petersburg G 20 Summit: Unintended Consequences”, Business Standard, New Delhi, September 11, 2013 (Print version)

53. “EMEs at St Petersburg: Emerging Issues”, The Financial Express, New Delhi, August 23, 2013 (Print version)

54. “EMEs at St Petersburg: Petering Out”, The Financial Express, New Delhi, August 22, 2013 (Print version)

55.  “What Ben Bernanke Didn’t Say”, Business Standard, New Delhi, August 5, 2013 (Print version)

56.  “India’s External Sector: The Ghosts of 1991”, Business Standard, New Delhi, July 21, 2013 (Print version)

57.  “BIS arguments on monetary policy are the more persuasive”, Financial Times, London, June 28, 2013 (Print version)

58.  “Why the IMF May Be Wrong on Inflation Targeting”, Business Standard, New Delhi, June 24, 2013 (Print version)

59.  “How Risk Free is Domestic Sovereign Debt?”, Business Standard, New Delhi, June 10, 2013 (Print version)

60.  “R&R Hit: How Much Debt is Cool Enough.” The Economic Times, New Delhi, May 17, 2013 (Print version)

61.  “Drivers of the Gold Boom, Bust, and….” Business Standard, New Delhi, April 29, 2013 (Print version)

62.  “Misunderstood dog has not barked, yet”, Financial Times, London, April 19, 2013 (Print version)

63. “The Central Banker’s Brahmastra”, Business Standard, New Delhi, April 2, 2013 (Print version)

64. “Building BRICS Without Straw”, The Financial Express, New Delhi, April 1, 2013 (Print version)

65.  “Japan’s Monetary Kite Unlikely to Take Off Soon”, Financial Times, London, March 7, 2013 (Print version)

66.  “Growth Now, Need for Austerity Next”, Business Standard, New Delhi, February 22, 2013 (Print version)

67.  “The Global Financial Crisis on its Sixth Birthday”, The Economic Times, New Delhi, January 21, 2013, 2012 (Print version)

68.  A Road Map for the Austerity – Growth Policy Dilemma” (with C.Rangarajan) Business Standard, New Delhi, January 7, 2013 (Print version)

69.  Reflections on Recent Indian and Chinese Growth, The Economic Times, New Delhi, November 26, 2012 (Print version)

70.  “BASEL III Not Suited for Emerging World Banking”, The Economic Times, New Delhi, September 24, 2012 (Print version)

71.  “The Surprises of Los Cabos”, Business Standard, New Delhi, July 1, 2012 (Print version)

72.  “New Lows at Los Cabos?”, Business Standard, New Delhi, June 9, 2012 (Print version)

73.  “G20 and a New Political Economy of Globalization”, The Economic Times, New Delhi, May 21, 2012 (Print version)

74.  “Waiting for ECB, and ‘Big Bertha’”, Business Standard, New Delhi, May 6, 2012 (Print version)

75.  “Ben Bernanke, the Great Innovator” Business Standard, New Delhi, February 19, 2012 (Print version)

76.  “Flawed Signals from Cannes”, Business Standard, New Delhi, December 10, 2011 (Print version)

77.  “Eurozone’s Impossible Trinity”, Business Standard, New Delhi, November 24, 2011 (Print version)

78.  “India and Europe: drivers of the new paradigm”,  The Financial Express, New Delhi, November 4,2011 (Print version)

79.  “India and Europe : time for a paradigm shift?”, The Financial Express, New Delhi, November 3, 2011 (Print version)

80.  It’s a Long Road from Keynes to Cannes”, Business Standard, New Delhi, October 30, 2011 (Print version)

81.  “Wealth and Well-being”,  Business Standard, New Delhi, October 6, 2011 (Print version)

82.  “Migration, Growth and the Human Future”, The Economic Times, New Delhi, September 26, 2011 (Print version)

83.  “The Rise and Decline of Fiat Money?”, Business Standard, New Delhi, August 29, 2011 (Print version)

84.  “Regulatory Change At Risk” The Economic Times, New Delhi, August 4, 2011 (Print version)

85.  “Default would re-ignite debate about Dollar’s global role”, Financial Times, London, August 1, 2011 (Print version)

86.  “Quantitative Easing and the Great Recession”, Business Standard, New Delhi, May 30, 2011 (Print version)

87.  “The Unfinished Business of Global Rebalancing”, Business Standard, New Delhi,  February 13, 2011 (Print version)

88.  “Infrastructure and Global Demand Rebalancing”, The Economic Times, New Delhi, January 31, 2011 (Print version)

89.  “Seoul-searching in G20”,  Business Standard, New Delhi,  September 25, 2010 (Print version)

90.  “Fiscal Paradoxes” Business Standard, New Delhi,  July 1,  2010 (Print version)

91.  “Rules, Regulations,  User Charges and Taxes”,  The Economic Times, New Delhi, May 27, 2010 (Print version)

92.  “New Role for Fiscal Policy?” Business Standard, New Delhi,  April 27,  2010 (Print version)

93.  “Cowry Shells to Helicopter Ben”, The Economic Times, New Delhi, March 30, 2010 (Print version)

94.  Global Financial Crisis and Economic Policy”,  Business Standard, New Delhi,  February, 28, 2010 (Print version)

95.  “Asia:The Aftermath of Crisis”, The Economic Times, New Delhi, January 18, 2010 (Print version)

96.  “Revisiting Cross-Border Capital Flows”,  Business Standard Weekend, New Delhi, October 17, 2009 (Print version)

97.  “On a Self-Destructive Mission", Business Standard, New Delhi, August 16, 2009 (Print version)

98.  The Other Moore’s Law” , The Economic Times, New Delhi, June 29, 2009 (Print version)

99.  “Of Economists and Historians”, Business Standard, New Delhi, June 13, 2009 (Print version)

100.          “A Re-look at Dollar as the International Reserve Currency?”, ET Debates, The Economic Times, New Delhi, May 21, 2009.(Print version)

101.          “Lessons and Red Herrings, The Financial Express,  New Delhi, April 27, 2009 (Print version)

102.          “The Future of Globalization”, The Economic Times, New Delhi, February 9, 2009 (Print version)

103.          "Contrasting Allies", The Economic Times, New Delhi, October 17, 2008.(Print version)

104.          “Life After Greenspan”, The Financial Express,  New Delhi, October 5, 2008 (Print version)

105.          “Sub Prime Impact on India” Business Standard, New Delhi, September 23, 2008 (Print version)  

106.          "The Left End of History" The Economic Times, New Delhi, September 15, 2008.(Print version)

107.          "Caught The Second Time Around", Business Standard, New Delhi, August 17, 2008 (Print version)

108.          “A Brief History of Globalization”, The Economic Times, New Delhi, July 25, 2008.(Print version)

109.          "What Inflation Targeting?", Business Standard, New Delhi, July 9, 2008 (Print version)

110.          "The Comeback State", The Financial Express, New Delhi, June 11, 2008 (Print version)

111.           “The Industrious Revolution and Indian Agriculture”,  The Economic Times, New Delhi, June 2, 2008 (Print version)

112.          "A Brief History of Inflation", Business Standard, New Delhi, May 25,2008 (Print version)

113.          " Inflation: Sources and Policy Options ", The Financial Express, New Delhi, May 9, 2008 (Print version)

114.          "Once Old Certainties Collapse", The Financial Express, New Delhi, May 1, 2008 (Print version)

115.          "Inflation: There's No Silver Bullet", The Financial Express, New Delhi, April 8, 2008 (Print version)

116.          "Petrodollars Ahoy!", Business Standard, New Delhi, April 6, 2008 (Print version)

117.          “Decoupled Globalization?”, The Economic Times, New Delhi, April 2, 2008 (Print version)

118.          “Inflation As A Tradable Commodity”, The Financial Express, New Delhi, March 12, 2008 (Print version)

119.          "The Microfinance Conundrum", The Financial Express, New Delhi, February 23, 2008 (Print version)

120.          "Restructuring Structured Finance", The Economic Times, New Delhi, February 18,2008 (Print version)

121.          "Inflation in a Globalizing World", The Financial Express, New Delhi, February 13, 2008 (Print version)

122.          "Macroeconomics of Agflation", The Financial Express, New Delhi, January 16, 2008 (Print version)

123.          "Fiscal Policy to Rupee's Rescue?", The Economic Times, New Delhi, January 1, 2008,(Print version

124.           “An Indian Path to Modernity?” ,The Financial Express, New Delhi, December 19, 2007 (Print version)

125.          "Unwinding of Global Imbalances?", The Economic Times, New Delhi, December 3, 2007 (Print version

126.          “The Failure of Currency Floats” ,The Financial Express, New Delhi, November 21, 2007 (Print version)

127.          “Constraining Labour Gains”  (co-author Sean Dougherty, OECD), Business Standard, New Delhi, October 28, 2007 (Print version)

128.          “Productivity and Inclusive Growth”, The Financial Express, New Delhi, October 26, 2007 (Print version)

129.           “Sub Prime, Leverage and Contagion”, The Financial Express, New Delhi, September 26, 2007 (Print version)

130.          “Diversity and Civic Disengagement”, The Economic Times, New Delhi, September 25, 2007 (Print version)

131.          “Sub Prime and Monetary Policy”, Business Standard, New Delhi, September 14, 2007 (Print version)

132.          “The New Mercantilism”, The Financial Express, New Delhi, August 29, 2007 (Print Version)

133.          "The Population Conundrum", The Economic Times, New Delhi, August 8, 2007 (Print version)

134.          “Leveraged Buy-outs in Aluminum”, The Financial Express, New Delhi, August 1, 2007 (Print Version)

135.           “History and the Civil Servant”The Financial Express, New Delhi, July 4, 2007 (Print Version)

136.          "Digital Barbarians at the Gate?", The Economic Times, New Delhi, June 25, 2007 (Print version)

137.          “Democratic Chamber Music”, The Financial Express, New Delhi, June 6, 2007 (Print Version)

138.          “Structural Shifts in India’s Balance of Payments” The Economic Times, New Delhi, May 29, 2007 (Print version)

139.          “The Emerging Structural Metal Empires”, Business Standard, New Delhi, May 15, 2007 (Print version)

140.          “A Question of Closing the Gap”, The Financial Express, New Delhi, May 9, 2007 (Print Version)

141.          “Inequality and the Nation State”, Business Standard, New Delhi, April 29, 2007 (Print version)

142.           “New Litmus Test for Democracies?”, The Financial Express, New Delhi, April 11, 2007 (Print Version)

143.          “An Aluminum TNC out of India? , Business Standard, New Delhi, April 3, 2007 (Print version)

144.          “Putting Indian Growth in Perspective”, The Economic Times, New Delhi, March 20, 2007 (Print version)

145.          “Tale of a Tiger in a Globalizing Habitat”, The Financial Express, New Delhi, March 14, 2007 (Print Version)

146.          “Reserves Just Do Not Add Up”, The Financial Express, New Delhi, February 14, 2007 (Print Version)

147.          “Milton Friedman and India”, The Economic Times, New Delhi, February 2, 2007 (Print version)

148.          “The Looming Freshwater Crisis”, The Financial Express, New Delhi, January 18, 2007 (Print Version)

149.          “Financing Infrastructure” , The Economic Times, New Delhi, January 5, 2007 (Print version)

150.          “The Measure That Will Uplift the Masses”, The Financial Express, New Delhi, December 20, 2006 (Print Version)

151.          “Understanding the RBI’s Monetary Trinity”,The Financial Express, New Delhi, November 22, 2006 (Print Version)

152.          "Prometheus Unbound?", The Economic Times, New Delhi, November 21, 2006 (Print version)

153.          " Wanted: Economists for the 21st Century", The Financial Express, New Delhi, October 25, 2006 (Print Version)

154.          " Let the Digital revolution Touch All Lives", The Financial Express, New Delhi, September 27, 2006 (Print Version)

155.          "Why Minimum Wage Is Low in India", The Economic Times, New Delhi, September, 2006 (Print version)

156.          "The Digital Revolution", The Financial Express, New Delhi, August 30, 2006 (Print Version)

157.          “How About A Taylor Rule for India?”, The Financial Express, New Delhi, August 2, 2006 (Print Version) [TAYLOR RULE CALCULATOR]

158.          “Is India Overtaxed or Undertaxed?”, The Financial Express, New Delhi, July 5, 2006 (Print Version)

159.          “A Tale of Two Democracies”, The Economic Times, New Delhi, June 23, 2006 (Print version)  

160.          “State and Market: Making Them Complementary”, The Financial Express, New Delhi, June 7, 2006. (Print version)

161.          “Market Economies and the End of History”, The Financial Express, New Delhi, May 10, 2006. (Print version)  

162.          “Decline of American Power?”, The Economic Times, New Delhi, April 25, 2006 (Print version)

163.          “The End of Macro-economic Policy?”, The Financial Express, New Delhi, April 17, 2006. (Print version)

164.          “When Natural Resources are a Menace for Nations”, The Financial Express, New Delhi, April 12, 2006. (Print version)

165.          “Crowding In or Crowding Out?”, The Economic Times, Bombay, March 16, 2006 (Print version)

166.          “Why American Cats are Fat and Dogs Lean”, The Financial Express, New Delhi, March 15, 2006. (Print version)  

167.          “Dark Matter: Keeping Global Finances in Place?”, The Financial Express, New Delhi, February 15, 2006. (Print version)

168.           “Wanted, A Second Revolution in Public Works” The Financial Express, New Delhi, January 19, 2006. (Print version)

169.          "Reforming Social Security", The Economic Times, New Delhi, January 2, 2006 (Print version)

170.          "India's Foreign Trade: Back to the Future?", The Financial Express, New Delhi, December 15, 2005. (Print version)

171.          “Growth, Poverty and Employment: Statistical Puzzle?”, The Financial Express, New Delhi, June 9, 2005. (Print version)

172.          Tweedledee and Tweedledum?”, The Economic Times, New Delhi, May 19, 2005 (Print version)

173.           “Agriculture: Cutting the Gordian Knot”, The Financial Express, New Delhi, March 23, 2005 (Print version)

174.           “The Roots of Human Misery”,  The Economic Times, New Delhi, January 28, 2005. (Print version)

175.          “Putting Pension Funds to Better Use”,  The Economic Times, New Delhi, November 10, 2001.(Print version)

176.          “Why Strategic Sale is the Better Option”The Economic Times, New Delhi, April 26, 2001.

177.          Tariffs and Infrastructure, The Economic Times, New Delhi, March 29,  2001.

178.          "Deregulation and Decentralization", The Economic Times, New Delhi, August 26, 2000. 

179.          "India: An Attractive Destination for FDI?", The Economic Times, New Delhi, April 22, 2000.

180.          "Re-invent the Collector: A District CEO?", The Economic Times, New Delhi, March 11, 2000.

181.          "Budget Constraint or Self Restraint?" The Economic Times, New Delhi, December 16, 1999. Reprinted in ICFAI Reader, Volume 2:   1 January 2000, The Institute of Chartered   Financial Analysts of India, Hyderabad, India.

182.          "Privatization Made Easy", The Economic Times, New Delhi, November 23, 1999.

183.          "How Should We Privatize?", Perspectives, The Economic Times, New Delhi, October 26, 1999.

184.          "Privatization: Pitfalls and Remedies", The Economic Times, New Delhi, September 18, 1999.

185.          "The Privatization Wheel", The Economic Times, New Delhi, September 4, 1999. Reprinted in ICFAI Reader, Volume 1: 11, October 1999, The Institute of Chartered Financial Analysts of India, Hyderabad, India.

 

PowerPoint Presentations

1.      “International Experience in Privatization”, Venue: National Institute of Financial Management, Faridabad, Haryana, India.  Date: 2000.

 

2.         “Indian Economy 1980-2000” at the Wharton India Economic Forum, 2001, Wharton Business School, University of  Pennsylvania, Philadelphia, USA. Venue: Sheraton University City Hotel, Philadelphia, PA, USA. Date: November 30, 2001.

 

3.         “The Indian Economy, 1947- 2001” at the Department of Economics.  Venue: Department of Economics, Wesleyan University, Middletown, New Haven, Connecticut, USA. Date: April 3, 2002.

 

4.         “A Contemporary History of India”, at the Department of History,  Venue: CSS Lounge, Wesleyan University, Middletown, New Haven, Connecticut, USA. Date: April 4, 2002.

 

5.      “External Assistance: Indian Experience”, to students of the International Development Class at the American University. Venue: American University, Washington DC, USA. Date: November 23, 2002

 

6.      “Intellectual Property Rights and India” , for American diplomats of the Foreign Services Institute of the US State  Department. Venue: Embassy of India, Washington DC, USA. Date: November 25, 2002.

 

7.      “Trends in India’s Balance of Payments”. Roundtable on “State of the Indian Economy” Association of Indian Economic Studies, Jan.3, 2003.  Annual Meeting of the American Allied Social Science Associations, Jan 3-5, Renaissance Hotel, Washington D.C., USA.

 

8.      “Global Monetary and Financial Issues in Uncertain Times”, James E. Smith Midwest Conference on World Affairs 2003. The Global Economy: Promises and Perils of an Uncertain Frontier. Venue: University of Nebraska, Kearney, Nebraska, USA. Date: March 9-11, 2003

 

9.      “Collaboration and Competition between Global High Technology Clusters. Focus: India”, Centre for Information Technology and the Global Economy (CITGE) Conference on Collaboration and Competition between Global High technology Clusters”, Kogod School of Business, American University, Washington D.C, USA. Date: May 5, 2003.

 

10.  “The Rise of the Indian Software Industry”, Kogod School of Business, American University, Washington DC, USA. Date: September 11, 2003

 

11.  “Prospects of Economic Reforms in India”, Business & Professional Success in the High-Tech World, 12th Annual Convention  of the American Society of Engineers of Indian Origin, Venue: Holiday Inn, Gaithersburg, Maryland, USA. Date: November 2, 2003.

 

12.  "Indian Aluminium Industry in Global Perspective", Venue: The Energy Research Institute, Habitat centre, Lodi Road, New Delhi, India. Date: August 23, 2005.

 

13.  “India: Public Finance and Development 1980-2005”, University of Manchester, Institute of Development Policy and Management. Venue: Mascot Hotel, Trivandrum, Kerala, India. Date: January 22, 2006.

 

14.  “State Finances: Fiscal, Debt and Liquidity Management”, Venue: Centre for Public Policy, Indian Institute of Management, Bangalore, Karnataka, India. Date: April 4, 2006.

 

15.  "Financing Government Expenditure", Kerala Development Society, Seminar on "Kerala's Development in a Globalized Scenario: Fiscal Issues", Venue: India International Centre, New Delhi,  Date: September 2, 2006.

 

16.  "Sub Prime and the Crisis in Structured Finance", Venue: Indian Centre for Research in International Economic Relations (‘ICRIER’) Date: 3 P.M., April 9, 2008.

 

17.   “The Sub Prime Crisis and its Impact on India”, Public Lecture, Department of Business Economics, University of Delhi. Date: September 12, 2008, 3:30 PM. Venue: S.P.Jain Auditorium, South Campus, New Delhi.

 

18.  “Housing Options for the Urban Poor”, National Workshop on “Affordable Housing for Urban Poor” Indian Institute of Public Administration New Delhi, October 16-17, 2008. Sponsored by Ministry of Housing & Urban Poverty Alleviation Government of India.

 

19.  “Indian Economic Scenario: Challenges and Prospects”, “Seminar on Doing Business with India”  for Senior Executives of European Companies, Management Development Institute, Gurgaon, Haryana, India. Venue: Hotel Shangri-la, Janpath, New Delhi. Date: October 21, 2008, 1145-1245 hours.

 

20.  “The International Financial Crisis: India and G 20 Initiatives”,  International Conference on Global Economic Downturn: Lessons and Way Forward,  Organised by Indian Council for Research in International Economic Relations, in Collaboration with Konrad Adenauer Stiftung, Germany and Sasakawa Peace Foundation, Japan, 9-10 February 2009, Venue: ASSOCHAM House, 47, Prithviraj Road , New Delhi.

 

21.  “Managing the International Financial Crisis: An Indian Perspective”,    The Growth Commission for Development, Financial Crisis and its Impact on Developing Countries' Growth Strategies and Prospects, April 20-21, 2008, Venue: John F. Kennedy School of Government, Harvard University, 79 John F. Kennedy Street, Cambridge, Massachusetts, USA.

 

22.   “The Global Financial Crisis and the New Global Financial Architecture”, International Conference On BRICS IN THE NEW WORLD ORDER , Observer Research Foundation  in Collaboration with The Ministry of External Affairs, Government of India, 13-14 May 2009, New Delhi. Venue: Observer Research Foundation, New Delhi

 

23.  “Responses to and Implications of the Global Financial Crisis”, 8th India-Korea Dialogue, India, Korea and the Global Financial Crisis: Co-operation and Responses. Indian Council for Research in International Economic Relations, New Delhi, India, and The Seoul Forum for International Affairs, Seoul, Korea, 20-21 May 2009.  Venue: Shangri-La Hotel, New Delhi. 

 

24.  “A Conference on India in the G 20:Macroeconomic Policy Coordination, Regulation and Global Governance”, organized by The Centre for Economic Policy Research (CEPR) and National Council of Applied Economic Research (NCAER). Sponsored by the British High Commission, New Delhi, June 1, 2009 Venue: The Claridges, New Delhi.

 

25.  “The Global Economic Crisis and its Implications for India”, Roundtable, Sixth Annual India Policy Forum, organized by National Council of Applied Economic Research, New Delhi, and The Brookings Institution, Washington D.C. July 15, 2009. Venue: Jacaranda, India Habitat Centre, New Delhi.

 

26.  "Managing the Global Financial Crisis", Lecture for Indian Economic Service Probationers, August 7, 2009, at the Institute of Economic Growth. University of Delhi Enclave, New Delhi, India.

 

27.  “The International Financial Crisis and Fiscal Policy: An Indian Perspective”, National Workshop on Strengthening the Response to the Global Financial Crisis in Asia-Pacific: The Role of Monetary, Fiscal and External Debt Policies Jointly organized by UNESCAP/UNDP/Royal Monetary Authority of Bhutan. 9-11 December 2009, Thimpu, Bhutan.

 

28.  “The Macroeconomic Policy Response to the International Financial Crisis through an Indian Prism”, International Conference on Financial Sector Regulation and Reforms in Asian Emerging Markets, Jointly organized by The Brookings Institution, Cornell University, Asian Development Bank Institute, International Center for Financial Regulation, U.K. Foreign and Commonwealth Office. February 8, 2010. Venue: Taj Palace and Towers, Mumbai, India.

 

29.  “Policy Response to the Global Financial Crisis and India-Japan Cooperation” Workshop jointly organized by Indian Council for Research on International Economic Relations (ICRIER), New Delhi, India, and Policy Research Institute (PRI), Ministry of Finance, Japan. February 15-16, 2010. Venue: ICRIER Conference Room, India Habitat Centre, New Delhi, India.

 

30.  Long-Term Growth in the United States: Policies and Strategies”, Workshop organized by Department for International Development, U.K.; the National Council for Applied Economic Research, New Delhi, India; New York University’s Stern School of Business; and the World Bank on Restoring Inclusive Growth in Advanced Economies: A Conversation with Economists and Policy Makers from G20 Countries October 7-8, 2010 New York University, School of Law, Furman Hall, 245 Sullivan Street, New York, NY 10012.

 

31.  “Infrastructure Pillar”, G20 High-Level Development Conference, organized by the Presidential Committee for the G20 Seoul Summit, October 13, Lotte Hotel, Seoul, Republic of Korea.

 

32.  “The Global Financial Crisis, Sustainable Growth and the Rise of the G 20”, Indian Institute of Technology, Kanpur, Department of Industrial Management Engineering MBA, Finatics 2011, April 9, 2011.

 

33. “Indian Policy Response to the Global Financial Crisis”, NIPFP/IMF Conference: Promoting Fiscal Sustainability through Strengthening Fiscal Institutions and Medium-Term Budget Frameworks,  April 21–22, 2011, Venue: Magnolia Hall, India Habitat Centre, New Delhi.

 

34. “The Global Financial Crisis and the Crisis in Public Finance”, Centre for Training in Financial Management, Finance Department, Government of Kerala. Trivandum, Kerala, December 3, 2012.  Youtube

 

35. “Indian Macro-economic Outlook”, Presentation for Embassy of Finland in India, Taj Palace, New Delhi, January 14, 2013.

 

36. “Global Macro-economic Scenario” and “Indian Macro-economic Scenario”, presentations for the 7th Advanced Mid-Career Training Program for Additional Commissioners of Income Tax, Management Development Institute, Gurgaon, New Delhi, May 17, 2013.

 

37. The Aftermath of the Global Economic Crisis: Return of Fiscal Dominance – G 20 Experience”, National Institute of Public Finance and Policy, New Delhi, August 19, 2013.

 

38. “Current State of the Indian Economy: Issues, Challenges and Outlook”, Securities and Exchange Board of India Discussion Forum, SEBI Bhawan, Bombay, September 17, 2013.

 

39. “Reforming the Global Financial System: Implications for Long-term Investment Finance”, Indian Council for Research on International Economic Relations, Governance and Development: Views from G 20 Countries, September 17-19, Jacaranda Hall, India Habitat Centre, New Delhi, India.

 

40.         “Monetary Policy and the Great Recession”, Department of Business Economics, University of Delhi South Campus, 40th ANNUAL CONVENTION, “EMBRACING UNCERTAINTY: INDIA IN AN INTERCONNECTED WORLD, October 7, 2013. Jacaranda Hall, India Habitat Centre, New Delhi.

 

41.  “Global Macro-economic Scenario” and “Current State of the Indian Economy: Issues, Challenges and Outlook”, Kalinga Institute of Industrial Technology, School of Leadership, Bhubaneshwar, Orissa, October 30 and 31, 2013. KIIT International School

 

42. “The Operation of the G 20 to date: Emerging Country Perspectives”, (with Changyong Rhee, Chief Economist, ADB), The G 20 at Five Roundtable, Crawford School of Public Policy, East Asia Bureau of Economic Research (EABER), Australian National University and Brookings, China and the Future of the G 20 , G 20 and Global Governance Challenges, Venue: Australian National University, Canberra, Australia, November 14-15, 2013. https://www.youtube.com/watch?v=ZeikGUtwg-I

 

43.   “How Will Quantitative Easing Unravel?”, 6th ICRIER Annual International Conference on Issues of Concern for G20 Countries, India Habitat Centre, New Delhi, August 21, 2014.

 

44.   “World Economic Outlook and New Sources of Growth: Strategic Priorities for the G 20”, Australian National University, Brookings India and National Institute for Public Finance and Planning, India-Australia G 20 Roundtable, Vivanta by Taj, Ambassador, Sujan Singh Park, New Delhi, September 10, 2014.

 

45.   Role of External Drivers in India’s Growth”, (with P.K.Kareem) The EXIM Bank of India-JNU Economics Library, Centre for Economic Studies and Planning Seminar on India’s Macro-economy, School of Social Sciences, Jawaharlal Nehru University, New Delhi, February 11-13, 2015.

 

55.   “Is the G20 Framework for Strong, Sustainable and Balanced Growth Still Relevant?”, G20 Studies Centre, Lowy Institute for International Policy, Sydney, Australia, The Future of International Economic Governance and the G20, May 20-21, 2015, Lowy Institute for International Policy, 31 Blight Street, Sydney, Australia. 

 

56.   Public Finance”, Institute for Management in Government, Trivandrum, Kerala, Ist Induction Training Programme for I.A.S Officers, September 10, 2015.

 

57. “Accelerating Infrastructure Investment in G 20 Countries”, Indian Council for Research on International Economic Relations (ICRIER), in partnership with the World Bank, International Monetary Fund (IMF), Asian Development Bank Institute (ADBI) and Konrad-Adenauer-Stiftung (KAS),  7th Annual G20 Conference on “Challenges to Strong, Sustainable and Balanced Growth: Views from G20 Countries” on September 14-15, 2015, India Habitat Centre, New Delhi. https://www.youtube.com/watch?v=x54y9ghr0-8

 

58.   “Public Finanance and Macroeconomic Management”, Indian Institute of Public Administration, New Delhi, 41st Advanced Programme in Public Administration, October 21, 2015.

 

59.   “Monetary Policy across Developed and Developing Countries”, Indian Institute of Public Administration, New Delhi, 42nd Advanced Programme in Public Administration, November 15, 2016.

 

60.         “Evaluating Global Financial Architecture and Regulatory Practices – Progress and the Way Forward”, Indian Council for Research on International Economic Relations (ICRIER), in partnership with the World Bank, International Monetary Fund (IMF), and Ford Foundation,  10th Annual International G20 Conference “ From Global Cooperation to Building Consensus: Views from G 20 Countries” on October 11-12, 2018, India Habitat Centre, New Delhi. https://www.youtube.com/watch?v=dz58jyfl7_I

 

 

 

 

Miscellaneous

1.      Inaugural Address at the National Workshop on  Macro Policy Environment, IPRs and Competition Policy’, Indian Institute of Management, Bangalore, Feb 18, 2014. Business Standard report.  Deccan Herald report.

 

2.    Interview in Business and Economy, August 4, 2011, “The Main Risks to the Economy are External”

 

3.      “Bird Around Mussoorie” (Unpublished) January 2011.

 

4.      “India and Europe: Time for a Paradigm Shift?”,  India Europe Forum, organized by the Presidency of the European Union, Instituto Cervantes, New Delhi, April 12-13, 2010,   “The Challenges of Inclusive Growth, Globalization and Sustainable Development”, April 13, 1430-1745 hrs. venue: Instituto Cervantes, New Delhi.

 

5.      “A Seminar on Finance: The Challenges Ahead”, Keynote Speech at Arthasaar 2010,  Fortune Institute of International Business, New Delhi, March 5, 2010.

 

6.      “The International Financial Crisis and Fiscal Policy: An Indian Perspective”, Paper presented at the National Workshop on  Strengthening the Response to the Global Financial Crisis in Asia-Pacific: The Role of Monetary, Fiscal and External Debt Policies Jointly organized by UNESCAP/UNDP/Royal Monetary Authority of Bhutan. 9-11 December 2009, Thimpu, Bhutan.

 

7.      “Looking Beyond The Global Financial Crisis”, International Conference On BRICS IN THE NEW WORLD ORDER, Observer Research Foundation  in Collaboration with The Ministry of External Affairs, Government of India, 13-14 May 2009, New Delhi.

 

8.      The Financial Crisis: Lessons and Red Herrings”,  Special April 2009 Feature on the Financial Crisis, The Growth Commission for Development (Blog)

 

9.      “Special Economic Zones in India: Some Debatable Issues”, National Conference on Special Economic Zones, September 18-20, 2008, Indian Institute of Advanced   Studies, Shimla.

 

10.  "Financing Infrastructure: Issues and Challenges", Keynote Speech at Asian Development Bank Institute's (Tokyo, Japan) Flagship Study on “Infrastructure and Regional  Cooperation”. 2nd Technical Workshop “Policies and Institutions and Financing  Infrastructure”,  Maurya Sheraton Hotel, New Delhi, India, 12-14 June 2008.

 

11.  'Murphy's Law of Financial Crises', Comment in The Financial Times on "Can the Fed Stop the Rot?", dated March 19, 2008.

 

12.  "Some Fiscal Implications of Decentralization", Paper presented at the National Conference on Emerging Trends in State-Local Fiscal Relations, National Institute of Rural Development (NIRD), Hyderabad, & the Konrad Adenaeur Foundation, Germany, December 18-19,1996. 22.

 

13.  "Determinants and Management of India’s External Debt", M.sc Thesis, University of Bradford, U.K, August 1995.(Unpublished)

 

14.  "Liberalization and Restructuring of the Indian Economy", Paper presented at the Eighteenth International Seminar of Export-Import Bank of Japan, Tokyo, May 22-June 3,1993.

 

15.  “The Evolution of Agrarian Society in South Bihar : Shahabad and Gaya Districts, 1860 – 1920”, PhD Thesis, Centre for Historical Studies, Jawaharlal Nehru University, New Delhi, May 1990. (Unpublished).

 

16.  “The Congress and the Raiyat: A Study of Three Agrarian Movements, 1928-40”, MPhil Dissertation, Centre for Historical Studies, Jawaharlal Nehru University, New Delhi, 1980. (Unpublished).