Contributor : Profile
Dr Rajeswari Sengupta is an Associate Professor of Economics at the Indira Gandhi Institute of Development Research in Mumbai. Her research focuses on policy-relevant, macro-financial issues of emerging market economies in general and India in particular, in the fields of international finance, open economy macroeconomics, national accounts measurement.
In the past she has held a faculty position at the Institute for Financial Management and Research (IFMR Business School) in Chennai, and short-term research positions at the International Monetary Fund and the World Bank in Washington DC, as well as the San Francisco Federal Reserve Bank. She was a visitor at the City University of Hong Kong in 2013 and at the Osnabruck University in Germany in 2024. She was also a recipient of the ICRIER Young Scholar Grant in 2013 for attending the NBER Summer Institute in Boston.
Dr Sengupta was a member of the research secretariat for the Bankruptcy Law Reforms Committee that proposed India's Insolvency and Bankruptcy Code, 2016. She is currently a member of the FICCI Economists’ Forum and the Society for Economics Research in India (SERI). She is also an Editor in Chief at the Journal of South Asian Development.
She has published her research papers in reputed international journals including The Journal of Money, Credit and Banking, Economic Policy, The Journal of International Money and Finance, The World Economy, Emerging Markets Review, International Review of Economics and Finance, Journal of Asian Economics, Pacific Economic Review, and Open Economies Review. She also writes regularly on Indian economic issues in leading English as well as Bengali newspapers.
She completed her M.A. and Ph.D. in Economics from the University of California, Santa Cruz (UCSC). She holds two previous degrees in Economics: a Bachelor's degree from Presidency College, Calcutta and a Masters from Delhi School of Economics. Details of her work can be found here.
Posts by Rajeswari Sengupta
Studying revisions in Indian GDP data
The GDP numbers for a given year undergo a sequence of revisions based on data availability. The periodic revisions are meant to reveal the true picture of the economy, and affect macroeconomic forec...
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Amey Sapre
Rajeswari Sengupta
28 November, 2016
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GDP conundrum: Is India booming?
Rajeswari Sengupta, Assistant Professor at IGIDR, points out that the methodology used for the new GDP series seems to be underestimating the GDP deflator, which in turn is causing real growth to be o...
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Rajeswari Sengupta
16 November, 2016
- Perspectives
A macro view of India’s currency ban
The recent ban on high-value currency notes has taken the country by storm. While much is being written about the pros and cons of this announcement in terms of the effect on black money, logistical c...
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Rajeswari Sengupta
15 November, 2016
- Perspectives
Inflation targeting: A long way to go
The Finance Bill, 2016, amended the Reserve Bank of India (RBI) Act, 1934, to define inflation targeting as the primary objective of the central bank. In this article, Rajeswari Sengupta, Assistant P...
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Rajeswari Sengupta
18 July, 2016
- Perspectives
The nuances of inflation targeting in India
How prepared is India for inflation targeting? This column suggests that the larger weight assigned by the RBI to tackling inflation over the years, relative to other policy objectives such as stabil...
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Abhijit Sen Gupta
Rajeswari Sengupta
16 March, 2015
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Corporate debt market in India: Issues and challenges
While it is true that the Indian corporate debt market has transformed itself into a much more vibrant trading field for debt instruments from the elementary market that it was about a decade ago, th...
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Vaibhav Anand
Rajeswari Sengupta
19 May, 2014
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Exchange rate movements and Indian firms' exports
Understanding the effects of exchange-rate changes on a country’s trade balance calls for an analysis of how exchange-rate fluctuations affect the decisions of individual firms. This column explore...
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Yin Cheung
Rajeswari Sengupta
01 November, 2013
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The challenges of opening up India's capital account
A key objective for any open economy is to avoid a financial or balance of payments crisis – a goal that often calls for trade-offs between liberalisation and maintaining control of the economy. Th...
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Abhijit Sen Gupta
Rajeswari Sengupta
15 May, 2013
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Understanding India's monetary policy
From the outside looking in, it may seem that India’s central bank is making up its own rules, making it difficult to predict the next movements in the interest rate. This column argues that the cen...
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Rajeswari Sengupta
Nirvikar Singh
21 December, 2012
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