Arvind Panagariya (born 30 September 1952) is an

Indian-American Indian Americans or Indo-Americans are citizens of the United States with ancestry from India. The United States Census Bureau uses the term Asian Indian to avoid confusion with Native Americans, who have also historically been referred to ...

economist who is the

Jagdish Bhagwati Jagdish Natwarlal Bhagwati (born July 26, 1934) is an Indian-born naturalized American economist and one of the most influential trade theorists of his generation. He is a University Professor of economics and law at Columbia University and a Sen ...

Professor of Indian Political Economy at

Columbia University Columbia University (also known as Columbia, and officially as Columbia University in the City of New York) is a private research university in New York City. Established in 1754 as King's College on the grounds of Trinity Church in Manhatt ...

and is also the Director of Deepak and Neera Raj Center on Indian Economic Policies at

School of International and Public Affairs The School of International and Public Affairs at Columbia University (SIPA) is the international affairs and public policy school of Columbia University, a private Ivy League university located in Morningside Heights, Manhattan, New York City. It ...

New York City New York, often called New York City or NYC, is the List of United States cities by population, most populous city in the United States. With a 2020 population of 8,804,190 distributed over , New York City is also the L ...

. He served as first vice-chairman of the

government of India The Government of India (ISO: ; often abbreviated as GoI), known as the Union Government or Central Government but often simply as the Centre, is the national government of the Republic of India, a federal democracy located in South Asia, c ...

think-tank

NITI Aayog The NITI Aayog (; abbreviation for National Institution for Transforming India) serves as the apex public policy think tank of the Government of India, and the nodal agency tasked with catalyzing economic development, and fostering cooperative ...

between January 2015 and August 2017. He is a former Chief Economist of the

Asian Development Bank The Asian Development Bank (ADB) is a regional development bank established on 19 December 1966, which is headquartered in the Ortigas Center located in the city of Mandaluyong, Metro Manila, Philippines. The bank also maintains 31 field office ...

. He was awarded the

Padma Bhushan The Padma Bhushan is the third-highest civilian award in the Republic of India, preceded by the Bharat Ratna and the Padma Vibhushan and followed by the Padma Shri. Instituted on 2 January 1954, the award is given for "distinguished service ...

by the President of India in 2012 for his contributions in the field of economics and Public Policy. He is an authority on

free trade Free trade is a trade policy that does not restrict imports or exports. It can also be understood as the free market idea applied to international trade. In government, free trade is predominantly advocated by political parties that hold econo ...

and widely regarded as the foremost expert in the world on Indian economy. He is the brother of noted neurologist and medical researcher Dr. Ashok Panagariya.

Career

He holds a Ph.D in economics from

Princeton University Princeton University is a private university, private research university in Princeton, New Jersey. Founded in 1746 in Elizabeth, New Jersey, Elizabeth as the College of New Jersey, Princeton is the List of Colonial Colleges, fourth-oldest ins ...

under the doctoral supervision of

Peter Kenen Peter Bain Kenen (November 30, 1932 – December 17, 2012) was an American economist, who was the Walker Professor of Economics and International Finance at Princeton University, and senior fellow in international economics at the Council on For ...

and William Hoban Branson He was the Professor of economics and Co-director of Center for International Economic at the

University of Maryland at College Park The University of Maryland, College Park (University of Maryland, UMD, or simply Maryland) is a public land-grant research university in College Park, Maryland. Founded in 1856, UMD is the flagship institution of the University System of Mary ...

from 1978 to 2003 (where one of his doctoral students included economist Joseph Francois). He currently serves as the

Professor of Indian Political Economy at

and is also the Director of Deepak and Neera Raj Center on Indian Economic Policies at

. He was previously Chief Economist at the

. He has worked for the

World Bank The World Bank is an international financial institution that provides loans and grants to the governments of low- and middle-income countries for the purpose of pursuing capital projects. The World Bank is the collective name for the Interna ...

International Monetary Fund The International Monetary Fund (IMF) is a major financial agency of the United Nations, and an international financial institution, headquartered in Washington, D.C., consisting of 190 countries. Its stated mission is "working to foster globa ...

World Trade Organization The World Trade Organization (WTO) is an intergovernmental organization that regulates and facilitates international trade. With effective cooperation in the United Nations System, governments use the organization to establish, revise, and e ...

and the United Nations Conference on Trade and Development (UNCTAD).He served as an Adviser to the Board of US-India Strategic Partnership Forum (USISPF). He was a Non-resident Senior Fellow,

Brookings Institution The Brookings Institution, often stylized as simply Brookings, is an American research group founded in 1916. Located on Think Tank Row in Washington, D.C., the organization conducts research and education in the social sciences, primarily in ec ...

Washington DC ) , image_skyline = , image_caption = Clockwise from top left: the Washington Monument and Lincoln Memorial on the National Mall, United States Capitol, Logan Circle, Jefferson Memorial, White House, Adams Morgan, ...

. He was a member of an Independent Taskforce on South Asia and India sponsored by Centre for Foreign Relations, New York. He has served as a member of International Advisory Board, Securities and Exchange Board of India(SEBI). He served as a Member of Board of Governors of Indian Council for Research on International Economic Relations (ICRIER). He was also a member of Committee on the Center on Advanced Financial Research and Learning (CAFRL) appointed by the Governor, Reserve bank of India (RBI). His book Why Growth Matters, co-authored with

, won the coveted Eccles Prize for Excellence in Economic Writing and was listed as the best book of the year by the Financial Times. ''

The Economist ''The Economist'' is a British weekly newspaper printed in demitab format and published digitally. It focuses on current affairs, international business, politics, technology, and culture. Based in London, the newspaper is owned by The Econo ...

'' described this book as “a manifesto for policymakers and analysts.” His other works include '' India: The Emerging Giant'', published in 2008. It was described as the ‘definitive book on the

Indian economy The economy of India has transitioned from a mixed planned economy to a mixed middle-income developing social market economy with notable state participation in strategic sectors. * * * * It is the world's fifth-largest economy by nomin ...

’ by

Fareed Zakaria Fareed Rafiq Zakaria (; born 20 January 1964) is an Indian-American journalist, political commentator, and author. He is the host of CNN's ''Fareed Zakaria GPS'' and writes a weekly paid column for ''The Washington Post.'' He has been a columnist ...

. He frequently collaborates and co authors research papers and books with noted economist Dr. Jagdish Bhagwati. He was the Founding Editor of the journal-India Policy Forum launched in 2004 by the

and the National Council of Applied Economic Research (NCAER). He is also the founding editor of the Journal of Policy Reform, which he edited with

Dani Rodrik Dani Rodrik (born August 14, 1957) is a Turkish economist and Ford Foundation Professor of International Political Economy at the John F. Kennedy School of Government at Harvard University. He was formerly the Albert O. Hirschman Professor of th ...

during 1996-2001. He is currently an Associate Editor of Economics and Politics and the Journal of International Trade and Economic Development. Papers written by him for the

and IMF usually promote the idea of

trade liberalisation Free trade is a trade policy that does not restrict imports or exports. It can also be understood as the free market idea applied to international trade. In government, free trade is predominantly advocated by political parties that hold econo ...

and

privatization Privatization (also privatisation in British English) can mean several different things, most commonly referring to moving something from the public sector into the private sector. It is also sometimes used as a synonym for deregulation when ...

of state owned enterprises of India for an

investment Investment is the dedication of money to purchase of an asset to attain an increase in value over a period of time. Investment requires a sacrifice of some present asset, such as time, money, or effort. In finance, the purpose of investing i ...

and

export An export in international trade is a good produced in one country that is sold into another country or a service provided in one country for a national or resident of another country. The seller of such goods or the service provider is an ...

s driven economic growth. He has appeared on

Bloomberg TV India Business Television India (BTVI), formerly known as Bloomberg TV India, Bloomberg UTV and UTVi, was a 24-hour English news channel in the Business-Economy genre, run by Business Broadcast News Pvt. Ltd (BBNPL). The channel's coverage ranges fr ...

for the show "Transforming India With Arvind Panagriya" He writes a monthly column in the ''Times of India'' and his guest columns appear in the ''Financial Times, Wall Street Journal'' and ''India Today.'' He was awarded the

by the President of India in 2012 for his contributions in the field of economics and Public Policy. On 5 Jan 2015, he was appointed Vice-Chairman of the National Institution for Transforming India (NITI) Aayog, the replacement for the Planning Commission. He was appointed as India's Sherpa for

G20 The G20 or Group of Twenty is an intergovernmental forum comprising 19 countries and the European Union (EU). It works to address major issues related to the global economy, such as international financial stability, climate change mitigatio ...

talks in September 2015. Panagariya was also heading analysis of the data of the Socio Economic and Caste Census 2011. He gave his resignation as Niti Aayog Vice-Chairman stating that

has not extended his leave beyond 31 August 2017.

References

External links

Arvind Panagariya bio
at

Niti Aayog The NITI Aayog (; abbreviation for National Institution for Transforming India) serves as the apex public policy think tank of the Government of India, and the nodal agency tasked with catalyzing economic development, and fostering cooperative ...

{{DEFAULTSORT:Panagariya, Arvind Living people University of Rajasthan alumni Princeton University alumni University of Maryland, College Park faculty Columbia University faculty Recipients of the Padma Bhushan in literature & education 1952 births 21st-century Indian economists American academics of Indian descent Indian economists

Career

See also

References

External links