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An Economist At Home And Abroad
An Economist At Home And Abroad
 
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Author : Shankar Acharya
Publisher : Harper Collins
ISBN# : 9789354227394
Pages : 298
Price:INR 599
 
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Book Description

 Economist, author, government adviser, banker and columnist, Dr Shankar Acharya has led a richly varied professional and personal life spanning continents. 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 economic adviser where he crafted finance minister V.P. Singh's path-breaking long-term fiscal policy, which ushered in the MODVAT. After a brief 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 a variety of assignments, which include 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 of our times whose views on contentious issues are often the definitive opinion.

 
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Suyogya Awasthy
29 day ago
“In a normal time, I don't think economic policy makes a large difference one way or another. But in times of crisis it makes all the difference in the world”. The line as stated above is quite reflective of the perspective that an economist must have and a sense of seeing beyond the existing horizons and the same is present in the book at present as the same comes from the courtesy of the author who is replete with all these qualities. Delving further, the book aptly fleshes out the personal life and his journey from childhood to achieving all the relevant accolades of the author and the renowned economist Shankar Acharya. The length of the book is 316 pages and has been divided into 17 chapters. The first chapter features the childhood snapshots of the author and how he came to the realization that the nomadic life that they were living was not the usual norm and how his identity was shaped and at the same instance reflects on his family history. The next chapter features the phase he had when in 1959 his father was made India’s Ambassador to Czechoslovakia and Romania and his life and schooling in London and how his life was shaped further. As the chapters progress each of them feature a perfect combination of his personal life and at the same instance the presence of his analytical side as can be seen from the chapter Covid-19 and the Indian Economy, and throughout the chapters a perfect progression is maintained. The writing style of the book has been kept rather fluid and easy to grasp and at the same time gives out the reader a brief insight into his life. The combined effect of all these elements make this book a must read for someone who is up for a good read.