Deepak Nayyar (born 1946) is an Indian economist and academician. He is a professor of economics at

Jawaharlal Nehru University Jawaharlal Nehru University (JNU) is a public major research university located in New Delhi, India. It was established in 1969 and named after Jawaharlal Nehru, India's first Prime Minister. The university is known for leading faculties an ...

, New Delhi and Chairperson of the Board of Governors of Centre for the Study of Developing Societies (CSDS) New Delhi. He has taught at the

University of Oxford , mottoeng = The Lord is my light , established = , endowment = £6.1 billion (including colleges) (2019) , budget = £2.145 billion (2019–20) , chancellor ...

, the

University of Sussex , mottoeng = Be Still and Know , established = , type = Public research university , endowment = £14.4 million (2020) , budget = £319.6 million (2019–20) , chancellor = Sanjeev Bhaskar , vice_chancellor = Sasha Roseneil , ...

, the

Indian Institute of Management Calcutta Indian Institute of Management Calcutta (IIM Calcutta or IIM-C) is a public business school located in Joka, Kolkata, West Bengal, India. It was the first Indian Institute of Management to be established, and has been recognized as an Institu ...

(IIM-C), and the

New School for Social Research The New School for Social Research (NSSR) is a graduate-level educational institution that is one of the divisions of The New School in New York City, United States. The university was founded in 1919 as a home for progressive era thinkers. NSS ...

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 was

Vice Chancellor A chancellor is a leader of a college or university, usually either the executive or ceremonial head of the university or of a university campus within a university system. In most Commonwealth and former Commonwealth nations, the chancellor ...

of the

University of Delhi Delhi University (DU), formally the University of Delhi, is a collegiate central university located in New Delhi, India. It was founded in 1922 by an Act of the Central Legislative Assembly and is recognized as an Institute of Eminence (IoE ...

from 2000 to 2005.

Early life and education

He graduated from

St. Stephen's College, Delhi St. Stephen's College is a constituent college of the University of Delhi, widely regarded as one of the oldest and most prestigious colleges for arts and sciences in India. It was established in 1881 by the Cambridge Mission to Delhi. The college ...

. Thereafter, as a

Rhodes Scholar The Rhodes Scholarship is an international postgraduate award for students to study at the University of Oxford, in the United Kingdom. Established in 1902, it is the oldest graduate scholarship in the world. It is considered among the world' ...

, he went on to study at

Balliol College Balliol College () is one of the constituent colleges of the University of Oxford in England. One of Oxford's oldest colleges, it was founded around 1263 by John I de Balliol, a landowner from Barnard Castle in County Durham, who provided the ...

University of Oxford , mottoeng = The Lord is my light , established = , endowment = £6.1 billion (including colleges) (2019) , budget = £2.145 billion (2019–20) , chancellor ...

, where he obtained a

B.Phil. Bachelor of Philosophy (BPhil, BPh, or PhB; la, Baccalaureus Philosophiae or ) is the title of an academic degree that usually involves considerable research, either through a thesis or supervised research projects. Unlike many other bachelor's d ...

and a D. Phil in Economics. His 1974 doctoral thesis was titled "An Analysis of the Stagnation in India's Cotton Textile Exports" under the supervision of P. P. Streeten.

Career

His academic career has been interspersed with short periods in the government. He was in the

Indian Administrative Service The Indian Administrative Service (IAS) is the Public administration, administrative arm of the All India Services of Government of India. Considered the premier civil service of India, the IAS is one of the three arms of the All India Services ...

. For some time, he worked as economic adviser in the Ministry of Commerce. Later, he was chief economic adviser to 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, ...

and secretary in the

Ministry of Finance A ministry of finance is a part of the government in most countries that is responsible for matters related to the finance. Lists of current ministries of finance Named "Ministry" * Ministry of Finance (Afghanistan) * Ministry of Finance and Ec ...

. Nayyar is an honorary fellow of

Balliol College, Oxford Balliol College () is one of the constituent colleges of the University of Oxford in England. One of Oxford's oldest colleges, it was founded around 1263 by John I de Balliol, a landowner from Barnard Castle in County Durham, who provided the ...

. And he is chairman of Sameeksha Trust, which publishes Economic and Political Weekly. He served as chairman of the board of governors of the

World Institute for Development Economics Research The United Nations University World Institute for Development Economics Research (UNU-WIDER) is part of the United Nations University (UNU). UNU-WIDER, the first research and training centre to be established by the UNU, is an international acade ...

, UNU- WIDER,

Helsinki Helsinki ( or ; ; sv, Helsingfors, ) is the Capital city, capital, primate city, primate, and List of cities and towns in Finland, most populous city of Finland. Located on the shore of the Gulf of Finland, it is the seat of the region of U ...

, from 2001 to 2008 and vice president of the

International Association of Universities The International Association of Universities (IAU) is a membership-led non-governmental organization working in the field of higher education. It comprises more than 600 higher education institutions and organizations in over 130 countries. IAU ...

, Paris, from 2004 to 2008. He was on the board of directors of the Social Science Research Council in the United States from 2001 to 2007 and was chairman of the advisory council for the Department of International Development, Queen Elizabeth House,

University of Oxford , mottoeng = The Lord is my light , established = , endowment = £6.1 billion (including colleges) (2019) , budget = £2.145 billion (2019–20) , chancellor ...

, from 2004 to 2007. He has received the VKRV Rao award for his contribution to research in Economics. He has been President of the Indian Economic Association. He is also on the Editorial Board of several professional journals. He has served as a member of many commissions, committees and boards: both national and international. He is a member of the National Knowledge Commission in India. He is a member of the board of the South Centre, Geneva. He has been a Member of the World Commission on the Social Dimension of Globalization. He has served as a Director on several corporate boards, including State Trading Corporation of India,

State Bank of India State Bank of India (SBI) is an Indian multinational public sector bank and financial services statutory body headquartered in Mumbai, Maharashtra. SBI is the 49th largest bank in the world by total assets and ranked 221st in the '' Fort ...

, Export-Import Bank of India and

Maruti Udyog Maruti Suzuki India Limited, formerly known as Maruti Udyog Limited, is an Indian automobile manufacturer, based in New Delhi. It was founded in 1981 and owned by the Government of India until 2003, when it was sold to the Japanese automaker ...

. At present, he is a Director on the Boards of the SAIL and ICRA. His research interests are primarily in the areas of international economics, macroeconomics and development economics. He has published papers and books on a wide range of subjects, including trade policies, industrialization strategies, macroeconomic stabilization,

structural adjustment Structural adjustment programs (SAPs) consist of loans (structural adjustment loans; SALs) provided by the International Monetary Fund (IMF) and the World Bank (WB) to countries that experience economic crises. Their purpose is to adjust the co ...

, economic liberalization, trade theory, macro policies, international migration and the multilateral trading system. In addition, he has written extensively on economic development in India. Globalization and development is an area of focus in his present research.

Publications

Nayyar has published more than 50 papers in academic journals. He is the author, co-author or editor of 12 books, which include: India's Exports and Export Policies (Cambridge University Press, 1976 and 2008), Migration, Remittances and Capital Flows (Oxford University Press, 1994), The Intelligent Person's Guide to Liberalization (Penguin Books, 1996), Trade and Industrialization (Oxford University Press, 1998), Governing Globalization: Issues and Institutions (Oxford University Press, 2002), Stability with Growth: Macroeconomics, Liberalization and Development (Oxford University Press, 2006) Trade and Globalization (Oxford University Press, 2008) Liberalization and Development (Oxford University Press, 2008).

References

{{DEFAULTSORT:Nayyar, Deepak 1946 births Academics of the University of Sussex Alumni of Balliol College, Oxford Indian development economists Fellows of Balliol College, Oxford 20th-century Indian economists Academic staff of the Indian Institute of Management Calcutta Indian Rhodes Scholars Academic staff of Jawaharlal Nehru University Living people Scientists from Delhi St. Stephen's College, Delhi alumni The New School faculty Vice-Chancellors of the University of Delhi Indian male writers 21st-century Indian economists Chief Economic Advisers to the Government of India