Economist at home and abroad : a personal journey /
Shankar Acharya
- India HarperCollins Publishers 2021
- 299p.
Economist, author, government adviser, banker and columnist Dr Shankar Acharya has led a richly varied professional and personal life. 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 an economic adviser. He crafted finance minister V.P. Singh's path-breaking long-term fiscal policy, which ushered in the MODVAT. After a temporary 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 various assignments, including 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, whose views on contentious issues are often the definitive opinion.