Arvind Panagariya

Chancellor, Nalanda University

Arvind Panagariya is Professor of Economics and Jagdish Bhagwati Professor of Indian Political Economy in the School of International and Public Affairs (SIPA) at Columbia University since January 2004.

From January 2015 to August 2017, he served as the first Vice Chairman of the NITI Aayog, Government of India in the rank of a cabinet minister. Concurrently, he served as India’s G20 Sherpa and led the Indian teams that negotiated the G20 Leaders’ Communiqués during presidencies of Turkey (2015), China (2016) and Germany (2017). Recently, he is appointed as the Chairman of the 16th Finance Commission of India.

Professor Panagariya is a former Chief Economist of the Asian Development Bank and was on the faculty of the Department of Economics at the University of Maryland at College Park from 1978 to 2003. During these years, he also worked with the World Bank, IMF and UNCTAD in various capacities. He holds a Ph.D. degree in Economics from Princeton University and a Master’s in Economics from the University of Rajasthan, Jaipur.

Professor Panagariya is a prolific writer. He has authored or edited more than 20 books. His book India: The Emerging Giant (2008, OUP, New York) was listed as a top pick of 2008 by The Economist and described as the “definitive book on the Indian economy” by Fareed Zakaria of the CNN. The Economist described his book, Why Growth Matters (Public Affairs, New York), (with Jagdish Bhagwati) as “a manifesto for policymakers and analysts.” Some of his other recent books include An Economist’s Quest for Reforms (Harper-Collins, India), My Father: An Extraordinary Life of an Ordinary Man (Harper-Collins, India), Free Trade and Prosperity (OUP, New York) and New India: Reclaiming the Lost Glory (OUP, New York).

Scientific papers by Professor Panagariya have appeared in the top economics journals such as the American Economic Review, Quarterly Journal of Economics, Review of Economic Studies and International Economic Review while policy papers by him have appeared in the Foreign Affairs and Foreign Policy. He writes a monthly column in the Times of India and his guest columns have appeared in the Financial Times, Wall Street Journal and India Today.

In March 2012, the Government of India honored Professor Panagariya with Padma Bhushan, the third highest civilian honors the country bestows in any field.

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