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Press Release

Carnegie Announces New Expert on India Economy

Ila Patnaik, an expert on India’s economy, joins the Carnegie Endowment as a nonresident senior associate in the South Asia Program.

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Published on Sep 30, 2013
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The Asia Program in Washington studies disruptive security, governance, and technological risks that threaten peace, growth, and opportunity in the Asia-Pacific region, including a focus on China, Japan, and the Korean peninsula.

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WASHINGTON—Ila Patnaik, an expert on India’s economy, will join the Carnegie Endowment for International Peace as a nonresident senior associate in the South Asia Program as Carnegie continues to grow its work in the region. She will be based in New Delhi.

Patnaik, Reserve Bank of India (RBI) Chair Professor at the National Institute of Public Finance and Policy in New Delhi, specializes in India’s opening economy. Her research focuses on capital flows, business cycles, the financial sector, and the study of Indian firms as India opens up its capital account. Patnaik writes regular columns in the Indian Express and the Financial Express.

Before joining the National Institute of Public Finance and Policy in 2006, Patnaik served as economics editor of the Indian Express (2004–2006), senior fellow at the Indian Council for Research in International Economic Relations (2002–2004), and senior economist at the National Council of Applied Economic Research in New Delhi (1996–2002). Patnaik was also a visiting scholar at the International Monetary Fund in 2003, 2010, and 2013.

Patnaik has served on a number of advisory committees on financial policy and regulation, including the Ministry of Finance Working Group on Foreign Investment (2009–2010), the Ministry of Finance Internal Working Group on Internal Debt Management (2008), and the RBI Working Group on Economic Indicators (2001–2002). She co-led the research team for the Ministry of Finance Financial Sector Legislative Reforms Commission (2011–2013).

Patnaik, who speaks English and Hindi, received a doctorate in economics from the University of Surrey and a master’s degree in economics from Jawaharlal Nehru University.

Making the announcement, South Asia Program Director Frederic Grare said:

“We are thrilled to have Ila Patnaik join Carnegie as we grow our work in South Asia and India in particular. As one of the world’s largest emerging economies, policy research on India is crucial to understanding the regional and global economy; Ila’s knowledge and experience will be invaluable as we move toward that goal.”

Press Contact: Clara Hogan | +1 202 939 2233 | chogan@ceip.org

The Carnegie Endowment for International Peace is a unique global network of policy research centers in Russia, China, Europe, the Middle East, and the United States. Our mission, dating back more than a century, is to advance the cause of peace through analysis and development of fresh policy ideas and direct engagement and collaboration with decisionmakers in government, business, and civil society. Working together, our centers bring the inestimable benefit of multiple national viewpoints to bilateral, regional, and global issues.

Carnegie does not take institutional positions on public policy issues; the views represented herein are those of the author(s) and do not necessarily reflect the views of Carnegie, its staff, or its trustees.

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