Bøker av Shankar Acharya

Economist, author, government adviser, banker and columnist, Dr Shankar Acharya has led a richly varied professional and personal life spanning continents. An alumnus of Highgate School (London), Oxford and Harvard, Dr Acharya worked at the World Bank for a decade before joining the Ministry of Finance as economic adviser where he crafted finance minister V.P. Singh's path-breaking long-term fiscal policy, which ushered in the MODVAT. After a brief deputation overseas in 1991-92 he returned as the country's longest-serving chief economic adviser to ministers Manmohan Singh, P. Chidambaram and Yashwant Sinha. Since 2001, he has undertaken a variety of assignments, which include his twelve-year long chairmanship of Kotak Mahindra Bank, stints as a member of the Twelfth Finance Commission and the National Security Advisory Board and columnist for a leading economic daily. In May 2020, he was one of the first people to predict the deep economic recession in India following the onset of COVID-19 and the ensuing lockdown.Written with warmth and a rare honesty, An Economist at Home and Abroad presents the engaging journey of one of the most accomplished policy economists of our times whose views on contentious issues are often the definitive opinion.

Why did India's stellar economic growth at 8% plus in the eight years, 2003-2011, collapse to 5% or less by 2012-13? What were the key policy failures, of commission and omission, that brought about this sharp slowdown? Why is it proving so difficult to revive the earlier strong momentum of economic development? These are some of the many critical economic issues explored in these 39 essays.

How bad is the Global Crisis? Will the Indian economy be hit hard? What can we do to protect ourselves from global turmoil? Is a growth recession inevitable? How well did we cope with the massive foreign capital inflows in the last five years? This book answers these questions.

Can India grow without Bharat? Is the National Rural Employment Guarantee Act affordable? Why have reforms sputtered despite the ""dream team""? Can we really aspire to China's economic league - or is it all hype? How good is our foreign policy? This work provides forthright and provocative answers to these key issues about India's development.