Amartya Lahiri | Ideas for India

Amartya Lahiri
University of British Columbia
Amartya Lahiri is a Professor of Economics at the University of British Columbia (UBC). Prior to taking up his current appointment, he held appointments at the University of California at Los Angeles and the Federal Reserve Bank of New York.  His primary areas of research are macroeconomics, international economics and development economics. Lahiri has worked on inflation stabilisation programs, exchange rate management, policy responses to balance of payments crises, financial crisis, economic growth theory, and cross-country differences in income and productivity levels. His recent research has focused on the socio-economic standing of scheduled castes and tribes in India and how that has changed over the past three decades. 
Articles By Amartya Lahiri
The demonetisation boondoggle
Posted On: 04 Dec 2016

In this article, Amartya Lahiri, Professor of Economics at the University of British Columbia, argues that all public policy must rely on a clear-headed cost-benefit analysis and the recent demonetisation move fails the test.
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Transforming Indian agriculture: The role of credit policy
Posted On: 14 Dec 2015

Topics:   Finance , Agriculture

Despite various policy attempts at priority sector lending to poor farmers, very little progress has been made on the ground, suggesting problems in the design and implementation of these policies. In this article, Amartya Lahiri and Dilip Mookherjee and explore where the problem really lies and what can be done to address the issues.
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India’s Monetary Policy Committee: Formation blues
Posted On: 10 Aug 2015

The government and RBI are in the process of finalising the structure of India’s Monetary Policy Committee. In this article, Amartya Lahiri, Professor of Economics at the University of British Columbia, makes recommendations for the composition of the committee that would help preserve the independence of the RBI in monetary policy oversight and conduct in form and spirit.
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The ‘urban sprawl’ and declining rural-urban inequality
Posted On: 29 Sep 2014

India has experienced rapid urbanisation in the past three decades. Has urbanisation impacted the economic wellbeing of rural and urban workers? This column finds that the rural-urban wage gap has shrunk dramatically over this period. This is largely explained by the process of ‘urban sprawl’, which involves assimilation of rural areas into adjoining urban areas, and the resulting relative increase in urban labour supply.
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Searching for the soul of monetary policy in India
Posted On: 09 Aug 2012

What is the thinking behind the current policy of the Reserve Bank of India? This column argues that its rules for deciding on India’s interest rates are based on assumptions that hold in developed economies – but not necessarily in India. Indeed, in many cases this leads to precisely the wrong policy decisions.
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