Sudipto Mundle

Chairman, Board of Governors, Centre for Development Studies, India

His current research interests include development economics, fiscal and monetary policy, macroeconomic modelling, forecasting and governance. 

Profile

Sudipto Mundle is Chairman of the Board of Centre for Development Studies, India, and serves on the boards of several other organisations. He is also Non-Resident Senior Fellow at the National Council of Applied Economic Research. Formerly he was an Emeritus Professor at the National Institute of Public Finance and Policy (NIPFP). He was also a member of the Fourteenth Finance Commission, India, the erstwhile Monetary Policy Advisory Committee of the Reserve Bank of India and the National Statistical Commission, where he also acted as Chairman.

He spent much of his career until 2008 at the Asian Development Bank, Manila, where he held several positions including that of a Director in the Strategy and Policy Department as his final assignment. In his earlier career in India, he served in a number of academic institutions including the Indian Institute of Management, Ahmedabad, the Centre for Development Studies, Trivandrum, and NIPFP, New Delhi, where he was the Reserve Bank Chair Professor.

He was an economic adviser in India’s Ministry of Finance from 1986 to 1989.

Dr. Mundle graduated from St. Stephen’s College, Delhi, in 1969 and has a Ph.D in economics from the Delhi School of Economics. He was a Fulbright Scholar at Yale University, USA; a Joan Robinson Memorial Fellow at King’s College, Cambridge University, UK and has also had visiting assignments at the Institute of Social Studies at the Hague and the Japan Foundation, Tokyo.

His current research interests include development economics, fiscal and monetary policy, macroeconomic modelling, forecasting and governance. He has published several books and papers in professional journals. He is also a regular columnist for the financial newspaper Mint and a life member of the Indian Econometric Society.

Personal Information

Nationality: Indian

Date of Birth: 30 January 1949

Contact Details
Email: sudipto.mundle@gmail.com

Phone: (91)9871120288,(91)9870377288

WhatsApp:(91)9871120288,(91)9870377288

Work Experience

India

Since June 2008

  • Sudipto Mundle is Chairman, Board of Governors, Centre for Development Studies Visiting Faculty at the Indian School of Public Policy and Non-Resident Senior Fellow at the National Council of Applied Economic Research.

Earlier was:

  • Member of the Fourteenth Finance Commission, Govt. of India (GoI)
  • Member, Advisory Committee of the Fifteenth Finance Commission, GoI
  • Member and Acting Chairman, National Statistical Commission, GoI
  • Member of the Monetary Policy Technical Advisory Committee, Reserve Bank of India.
  • Emeritus Professor, National Institute of Public Finance & Policy, New Delhi

His current research interests include development economics, fiscal and monetary policy, macroeconomic modelling, forecasting and governance. He also serves on the Boards of several organizaions and continues to publish papers in refereed professional journals (see Selected List of Publications below). He writes a regular column for the financial newspaper Mint and occasionally in other newspapers.  He is a Life Member of the Indian Econometric Society

Asian Development Bank

1994 – 2008

Prof. Mundle spent a major part of his career as professional staff in ADB, Manila. He worked on a large number of countries including Bangladesh, Bhutan, Cambodia, China, India, Indonesia, Japan, Korea, Lao PDR, Myanmar, Nepal, Papua New Guinea, Taiwan, Thailand, Sri Lanka and Vietnam. He joined ADB in 1994 as an economist in EDRC, the think tank of the organization, and retired from ADB as a Director in the Strategy & Policy Department in 2008.


His many assignments during his career in the ADB mainly dealt with programming country assistance, country economic analysis, country performance assessment, regional cooperation and strategic planning. Among his several programming assignments, one of the most challenging was leading the country team that designed and delivered an urgent assistance program for Thailand following the Asian Financial crisis of 1997. Mr. Mundle also led the India country team that programmed and delivered ADB’s largest country assistance program during the period 2002 – 2005, extending ADB operations to new geographies and new sectors in the country. 


Prof. Mundle combined his operational work in ADB with policy research. In India, for instance, he initiated a multiple module policy research program covering all key aspects of the economy. Implemented in partnership with leading research institutes in the country and the Ministry of Finance, it was the first such technical assistance provided to India by any multilateral bank. He also initiated the development of a leading indicators based macro-economic forecasting model, again a first for a multilateral bank in India. He launched ADB’s quarterly bulletin on India and ADB’s India website.

Earlier Career

1971-1993

Prior to joining ADB, Prof. Mundle spent over twenty years in academia and government:


Reserve Bank Chair Professor, NIPFP, New Delhi, 1985 – 1994

Fellow, Centre for Development Studies, Trivandrum, 1977-1985

Reader, Indian Institute of Public Administration, New Delhi, 1973 – 1977

Research Associate, Indian Institute of Management, Ahmedabad, 1972-1973

Lecturer, Shri Ram College of Commerce, 1971-72


Prof. Mundle was on secondment as Economic Adviser, Ministry of Finance, Government of India, from 1986 to 1988.


He had the following visiting assignments:

Joan Robinson Memorial Fellow, King’s College, Cambridge University, 1991;

Fulbright Scholar, Economic Growth Center, Yale University, 1985;

Visiting Fellow, Institute of Social Studies, The Hague, Netherlands, 1984;

Japan Foundation Scholar, Tokyo, Japan,1979

Education

Ph. D. (Economics)

Delhi School of Economics, Delhi University

1978
M.A. (Economics)

Delhi School of Economics, Delhi University

1971
B.A. (Economics)

St. Stephens College, Delhi University

1969
G.C.E. (‘O’ Level)

Cambridge University, through St. Xavier’s School, Kolkata

1966
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