Macro/Finance Group: Meetings


Workshop on Strengthening the Republic

(Organised by Azim Premji University, Bengaluru and National Institute of Public Finance and Policy, New Delhi)

11 January 2020, 10.00 am - 04.30 pm

Conference Hall, Ground Floor
R&T Building Building
NIPFP, New Delhi

[Agenda]



Workshop on Digital Technologies and Vulnerable Groups

3 September 2019, 09.30 am - 5.30 pm

Auditorium, Ground Floor
Main Building
NIPFP, New Delhi

[Agenda]



Round Table on The Way Forward for Personal Insolvency in the IBC

4 December 2018, 02.00 pm - 5.00 pm

Conference Hall, Ground Floor
R&T Building Building
NIPFP, New Delhi

[Agenda]



3rd Law Economics Policy Conference on Health 2018

(Organised by National Institute of Public Finance and Policy, New Delhi and Institute for New Economic Thinking, New York)

26-28 November, 2018

India Habitat Centre
Lodhi Road
New Delhi

Steering Committee


26 November 2018

Magnolia Hall (Entry from Gate No. 3 on Vardhman Marg)

19:30 - 22:30 Inaugural Dinner

27 November 2018

Magnolia Hall (Entry from Gate No. 3 on Vardhman Marg)

09:00 - 09:40      Registration and Breakfast
09:40 - 09:45      Welcome address
     Ila Patnaik, National Institute of Public Finance and Policy
09:45 - 11:30Panel 1: Public Health Care
     Health routes: Addressing human resource shortage in rural health care system, [slideshow]
     Rajiv Mehrishi, Comptroller Auditor General of India
Panelists
     K. Sujatha Rao, ex-Secretary Health, Government of India
     D. Dhanuraj, Center for Public Policy Research (CPPR)
     Shiv Kumar Sarin, Institute of Liver and Biliary Sciences (ILBS)
     Siddhartha Bhattacharya, ACCESS Health International
11:30 - 12:00 Tea/Coffee
12:00 - 13:30Panel II: Information Systems in Health Care
     Re-imagining health data exchange: An Application Programming Interface (API) enabled road-map for India, [slideshow]
     Rahul Matthan, Trilegal
     New approaches to health data, [slideshow]
     Subhashish Banerjee, IIT Delhi
Panelists
     Thampy Koshy, Ernst and Young
     Supten Sarbadhikari, Innovmedcare
     Narayan Pendse, Fortis Healthcare
     Dennis Streveler, University of Hawaii
13:30 - 14:30 Lunch
14:30 - 16:00Panel III: Regulation of Health Insurance
     Fair play in Indian health insurance, [slideshow]
     Shubho Roy, National Institute of Public Finance and Policy
     The rise of government-funded health insurance in India, [slideshow]
     Ajay Shah, National Institute of Public Finance and Policy
Panelists
     Narrotam Puri, Fortis Healthcare
     Indu Bhushan, Ayushman Bharat
     Harish Nadkarni, National Accreditation Board for Hospitals and Healthcare Providers(NABH)
     Varun Gera, HealthAssure
     Monika Halan, Journalist
16:00 - 16:30 Tea/Coffee
16:30 - 17:45Panel IV: INET Young Scholars - Indian Health Policy in Global Perspective
Panelists
     Aleksandar Stojanovic, Univesity of Gent
     Arun B Chandran, University of Groningen, [slideshow]
     Aneesha Chitgupi, Institute for Social and Economic Change (ISEC)
     Iva Parvanova, The London School of Economics and Political Science, [slideshow]

28 November 2018

Magnolia Hall (Entry from Gate No. 3 on Vardhman Marg)

09:30 - 10:00      Registration and Breakfast
10:00 - 11:45Panel V: Ayushman Bharat - National Health Protection Scheme
     Ayushman Bharat: Heralding a new era in healthcare, [slideshow]
     Vinod Kumar Paul, NITI Aayog
Panelists
     Joseph Kutzin, World Health Organization
     Indu Bhushan, Ayushman Bharat
     Anurag Batra, Business World
     Arun Agarwal, Apollo Hospitals
     Girdhar J. Gyani, Association of Healthcare Providers (India)
11:45 - 12:10 Tea/Coffee
12:10 - 13:40Panel VI: Regulating Health Care Professional and Providers
     Regulating the health care profession, [slideshow]
     Shefali Malhotra, National Institute of Public Finance and Policy
     Cost of compliance for clinical establishments, [slideshow]
     Shubho Roy, National Institute of Public Finance and Policy
Panelists
     K. Sujatha Rao, ex-Secretary Health, Government of India
     Narendra Saini, ex-Secretary General, Indian Medical Association (IMA)
     Amitabh Dutta, Sir Ganga Ram Hospital
     Sahil Bhalaik, Supreme Court of India
13:40 - 14:40 Lunch
14:40 - 15:10      Health financing reforms to move towards universal health coverage: International experience and relevance to India, [slideshow]
     Joseph Kutzin, World Health Organization
15:10 - 16:10Panel VII: Narcotics and Drug Addiction
     Narcotics and Drug Addiction in India: Directions and challenges, [slideshow]
     Atul Ambekar, All India Institute Of Medical Sciences (AIIMS)
Panelists
    A. N. Tiwari, Institute for Narcotics Studies and Analysis
    Devendra Dutt, United Nations Office on Drugs and Crime
    Nikhil Borwankar, Action for Vigilance and Knowledge for Empowerment
16:10 - 16:30 Tea/Coffee
16:30 - 17:40Panel VIII: New Threats & Emerging Issues
     Cultural correlates of health outcomes
     National Institute of Public Finance and Policy
     Inter-state issues in air pollution governance in India, [slideshow]
     Harleen Kaur, National Institute of Public Finance and Policy
Panelists
     Henk Bekedam, WHO Representative to India
     U. K. Sinha, Ex-Chairman, Securities Exchange Board of India (SEBI)
     Shamika Ravi, Brookings
     Shyama Nagarajan, Sahamanthran
17:40 - 18:00      Summing up
     Ajay Shah, National Institute of Public Finance and Policy
     Sunanda Nair-Bidkar, Institute for New Economic Thinking


Conference on Regulating Emerging Technology

(Organised by NIPFP Technology Policy, New Delhi with support from the Friedrich Naumann Foundation and Omidyar Network)

30 October, 2018

Malabar
Taj Lands End, Byramji Jeejeebhoy Road,
Bandstand, Bandra (West)
Mumbai

09:00 - 09:20      Breakfast and Registration
09:20 - 09:30      Welcome and Introductions
Session 1: Privacy, Aadhaar and the State
   Moderator: Ajay Shah, National Institute of Public Finance and Policy
09:30 - 09:45      Privacy, Aadhaar, data protection: Statist liberalism and the danger to liberty
     Anirudh Burman, National Institute of Public Finance and Policy
09:45 - 10:00      India’s communication surveillance framework
     Faiza Rahman, National Institute of Public Finance and Policy
10:00 - 11:10      Panel discussion: Implications of the Aadhaar verdict
     Opening remarks: Ajay Shah, National Institute of Public Finance and Policy
         Ananth Padmanabhan, Centre for Policy Research
         Anumeha Yadav, Journalist
         Ashok Pal Singh, Department of Posts
         Sanjay Jain, Bharat Innovation Fund & CIIE, IIM, Ahmedabad
         Subhashis Banerjee, IIT, Delhi
     Open discussions
11:10 - 11:30 Tea/Coffee
11:30 - 11:50      Regulating emerging technology: Experiences at TRAI
     R. S. Sharma, Chairperson, Telecom Regulatory Authority of India
Session 2: Building India’s data protection framework
   Moderator: Anja Kovacs, Internet Democracy Project
11:50 - 12:05      Data localisation in India: questioning the means and the ends
     Rishab Bailey, National Institute of Public Finance and Policy
12:05 - 12:20      Disclosures in privacy policies: does notice and consent work?
     Smriti Parsheera, National Institute of Public Finance and Policy
12:20 - 13:30      Panel discussion: Building India’s data protection framework
     Opening remarks: Anja Kovacs, Internet Democracy Project
         Amba Kak, Mozilla
         Bhairav Acharya, Facebook
         Gowree Gokhale, Nishit Desai Associates
         U. K. Srivastava, Telecom Regulatory Authority of India
         Vinay Kesari, Advocate
     Open discussions
13:30 - 14:15 Lunch
Session 3: Regulating digital payments
   Moderator: Sumant Prashant, Shardul Amarchand Mangaldas
14:15 - 15:15      Panel discussion
     Opening remarks: Sumant Prashant, Shardul Amarchand Mangaldas
         Ashish Aggarwal, NASSCOM
         Dilip Asbe, National Payments Corporation of India
         Naveen Surya, Fintech Convergence Council
         Susan Thomas, Indira Gandhi Institute of Development Research
         Venkatesh Hariharan, iSPIRT
     Open discussions
15:15 - 15:30 Tea/Coffee
Session 4: Competition and regulatory challenges
   Moderator: Shishir K Jha, IIT Bombay
15:30 - 15:45      Competition issues in the online economy
     Ajay Shah, National Institute of Public Finance and Policy
15:45 - 16:50      Panel discussion: Regulatory design for the technology sector
     Opening remarks: Shishir K Jha, IIT Bombay
         Alok Mittal, Indifi Technologies
         Bhargavi Zaveri, Indira Gandhi Institute of Development Research
         Iravati Damle, Uber
         Siddhartha Chaudhuri, IIT Bombay & Adobe Research
     Open discussions
16:50 - 17:00      Closing remarks
     Ajay Shah, National Institute of Public Finance and Policy

* If you are interested in attending the conference, please contact Rishab Bailey at rishab.bailey@nipfp.org.in. We will revert to you with a confirmation.


Conference on Privacy and Data Protection

5 September, 2018

Auditorium, Ground Floor
Main Building
NIPFP, New Delhi

09:30 - 10:00      Registration and Tea
10:00 - 10:10      Opening and Introductions
Session 1: Paper presentations
   Moderator: Ajay Shah, National Institute of Public Finance and Policy
10:10 - 10:30      Making consent work better
     Renuka Sane, National Institute of Public Finance and Policy
10:30 - 10:40      Discussant
     Sunil Abraham, Center for Internet & Society
10:40 - 11:00      Open discussions
11:00 - 11:20      Data access by intelligence and law enforcement agencies
     Faiza Rahman, National Institute of Public Finance and Policy
11:20 - 11:30      Discussant
     Madan Oberoi, Special Cell & Tech. Cell, Delhi Police
11:30 - 11:50      Open discussions
11:50 - 12:10 Tea/Coffee
12:10 - 12:30      Assessing the costs and benefits of data localisation
     Rishab Bailey, National Institute of Public Finance and Policy
12:30 - 12:45      Discussants
     Mudit Kapoor, Indian Statistical Institute, Delhi
     Jyoti Panday, Technology policy researcher
12:45 - 13:15      Open discussions
13:15 - 14:15 Lunch
Session 2: Analysing the draft data protection bill
   Moderator: Smriti Parsheera, National Institute of Public Finance and Policy
14:15 - 14:25      Issues: Principles in the draft bill
     Vrinda Bhandari, Advocate
14:25 - 15:10      Open discussions
15:10 - 15:20      Issues: Implementation and agency design
     Smriti Parsheera, National Institute of Public Finance and Policy
15:20 - 16:05      Open discussions
16:05 - 16:20 Tea/Coffee
Session 3: Way forward - Creating a privacy network
   Moderator: Renuka Sane, National Institute of Public Finance and Policy
16:20 - 16:40      Proposing a “Network for Privacy and Data Protection”
     IDFC Institute
16:40 - 17:20      Open discussions
17:20 - 17:30      Closing remarks
     Ajay Shah, National Institute of Public Finance and Policy

* If you would like to attend the event, please contact Darshan Singh Panwar at darshan.panwar@nipfp.org.in

Conference on Emerging Technologies: Innovation, Competition and Regulation

23-24 May, 2018

Conference Room,
Omidyar Network, SKAV 909,
15th Floor, Richmond Circle,
Bangalore

23 May 2018

09:00 - 10:00      Registration and Tea
10:00 - 10:10      Introduction
Session 1: Effective regulation: Privacy and beyond
   Chairperson: Sanjay Jain, IIM Ahmedabad
10:10 - 10:25      Quality of privacy policies and their disclosures, [Link]
     Renuka Sane, National Institute of Public Finance and Policy
10:25 - 10:40      Digital identity and open data: Lessons for Aadhaar, [Link]
     Smriti Parsheera, National Institute of Public Finance and Policy
10:40 - 10:50      Discussant
     Subhashish Bhadra, Omidyar Network
10:50 - 11:10 Tea/Coffee
11:10 - 11:25      Surveillance and the right to privacy, [Link]
     Faiza Rahman, National Institute of Public Finance and Policy
11:25 - 12:15 Panel Discussion: Building high quality technology regulators
(TRAI, UIDAI and the Data Protection Authority)
Panellists:
     Vrinda Bhandari, Advocate
     Alok Prasanna, Vidhi Centre for Legal Policy
     Suyash Rai, National Institute of Public Finance and Policy
Relevant Readings:
     Emerging themes around privacy and data protection
     A Pragmatic Approach to Data Protection
     An analysis of Puttaswamy: the Supreme Court’s privacy verdict
     The accountability framework of UIDAI: Concerns and solutions
     Should we be uploading FIRs on the internet?
     A critique of the Aadhaar legal framework
12:15 - 12:35 Open Discussion
12:35 - 13:30 Lunch
Session 2: Regulating emerging technologies
   Chairperson: Ajay Shah, National Institute of Public Finance and Policy
13:30 - 13:45      Issues in regulating self-driving cars
     Rishab Bailey, National Institute of Public Finance and Policy
13:45 - 14:00      Regulating civilian UAVs, [Link] [Link]
     Devendra Damle, National Institute of Public Finance and Policy
14:00 - 14:50 Panel Discussion: Regulating emerging technology — Costs and benefits
Panellists:
     Bhairav Acharya, Facebook
     Bidisha Chaudhuri, IIIT Bangalore
     Kiran Jonnalagadda, HasGeek
Relevant Readings:
     TRAI’s consultation towards a net neutrality framework in India
14:50 - 15:10 Open Discussion
15:10 - 15:25 Tea/Coffee
Session 3: Making technology markets work
   Chairperson: V Sridhar, IIIT Bangalore
15:25 - 15:40      Economics of releasing the V-band and E-band spectrum in India, [Link]
     Mayank Mishra, National Institute of Public Finance and Policy
15:40 - 15:50      Discussant
     V Sridhar, IIIT Bangalore
15:50 - 16:05      Competition issues in the online economy, [Link] [Link] [Link] [Link]
     Ajay Shah, National Institute of Public Finance and Policy
16:05 - 16:15      Discussant
     Rahul Singh, National Law School of India University (NLSIU)
16:15 - 17:05Panel Discussion: Competition challenges in the digital economy
Panellists:
     Sunil Bajpai, TRAI
     Nikhil Narendran, Trilegal
     Smriti Parsheera, National Institute of Public Finance and Policy
17:05 - 17:25 Open Discussion
17:25 - 17:35 Closing remarks

24 May 2018

Session 4: Fintech innovation and regulatory challenges
   Chairperson: Anirudh Burman, National Institute of Public Finance and Policy
10:10 - 10:15      A fresh approach to digital payments, [Link]
     Sumant Prashant, National Institute of Public Finance and Policy
10:15 - 10:30      Regulatory issues in crypto-currencies, [Link] [Link] [Link]
     Radhika Pandey, National Institute of Public Finance and Policy
10:30 - 11:30Panel Discussion: Opportunities and challenges in Fintech regulation
Panellists:
     Krishna Hegde, Novopay
     Sahil Kini, Aspada investments
     Nath Parameshwaran, Paypal (TBC)
     Anuradha Ramachandran, Omidyar Network
     Anirudh Rastogi, TRA Law
11:30 - 12:15 Open Discussion
12:15 - 12:25 Closing remarks
Ajay Shah, National Institute of Public Finance and Policy
12:25 - 13:30 Lunch


Round Table on FinTech

20 April 2018, 02.00 pm - 6.00 pm

Conference Hall, Ground Floor
R&T Building Building
NIPFP, New Delhi

[Agenda]



Roundtable on infrastructure standards in India's transport sector

28 March 2018, 10.00 am - 4.00 pm

Conference Hall, Ground Floor
R&T Building Building
NIPFP, New Delhi

Steering Committee


09:30 - 10:00      Welcome
10:00 - 10:20      Opening remarks
     Rathin Roy, NIPFP; Ila Patnaik, NIPFP; Kamal Kishore, NDMA
10:20 - 10:40      Regulating standards for infrastructure safety in India, [slideshow]
     Sanhita Sapatnekar, NIPFP
10:40 - 11:40Technical Session 01: Development of Standards for Existing and New Infrastructure
   Chair: C.V.R.Murty, IIT Jodhpur
     Standards of professional competence in India’s transport sector, [slideshow]
     Mahesh Tandon, Tandon Consultants
     Moderated discussion:
  1. Spectrum of standards to be developed.
  2. Competence for developing standards.
  3. Process of developing standards.
  4. Review and Updating of standards.
11:40 - 12:00 Tea/Coffee
12:00 - 13:00Technical Session 02: Capacity building (Technical education and Continuing education)
   Chair: Kamal Kishore, National Disaster Management Authority
     Capacity building for standards in India’s transport sector, [slideshow]
     Ravi Sinha, IIT Bombay
     Moderated discussion:
  1. Subject domains.
  2. Competence of professionals.
  3. Quantity of professionals.
13:00 - 13:45 Lunch
13:45 - 14:45Technical Session 03: Implementing Standards
   Chair: Arnab Bandyopadhyay, World Bank
     Implementation of standards in India’s transport sector, [slideshow]
     Alok Bhowmick, B&S Engineering Consultants Pvt. Ltd.
     Moderated discussion:
  1. Issues in compliance.
  2. Techno-legal regime.
  3. Human resources.
  4. Finance.
14:45 - 15:45 Discussion on the way forward
15:45 - 16:00      Closing remarks
     Ajay Shah, NIPFP
16:00 - 16:20 Tea/Coffee


Round Table on the White Paper on Data Protection and Privacy

8 March 2018, 10.00 am - 2.00 pm

Auditorium, Ground Floor
Main Building
NIPFP, New Delhi

[Agenda]



2nd Law Economics Policy Conference 2017

(Organised by National Institute of Public Finance and Policy, New Delhi and Institute for New Economic Thinking, New York)

4-6 December, 2017

India Habitat Centre
Lodhi Road
New Delhi

Steering Committee


4 December 2017

Juniper Hall (Entry from Gate No. 1 on Lodhi Road)

19:30 - 22:30 Inauguration and Dinner
     Inaugural Address
     Amitabh Kant, NITI Aayog

5 December 2017

Juniper Hall (Entry from Gate No. 1 on Lodhi Road)

09:00 - 09:30      Registration and Breakfast
09:30 - 09:45      Opening remarks
09:45 - 11:05Panel 1: Public Health, [conference material]
   Chairperson: C. K. Mishra, Ministry of Environment, Forests & Climate Change
     Regulating the health profession, [slideshow]
     Shefali Malhotra, National Institute of Public Finance and Policy
     Air pollution, [slideshow]
     Shubho Roy, National Institute of Public Finance and Policy
     Health system design thinking
     Nachiket Mor, Bill & Melinda Gates Foundation
Panelists
     B.V.R. Subrahmanyam, Government of Chhattisgarh
     Yamini Aiyar, Centre for Policy Research
     Sanjay Arte, True North Managers
11:05 - 11:25 Tea/Coffee
11:25 - 12:45Panel II: Bankruptcy, [conference material]
   Chairperson: Injeti Srinivas, Ministry of Corporate Affairs
     The issues, [slideshow]
     Bhargavi Zaveri, Indira Gandhi Institute for Development Research
Panelists
     Shashank Saksena, Ministry of Finance
     Amardeep Singh Bhatia, Ministry of Corporate Affairs
     Suharsh Sinha, AZB & Partners
     Sumant Prashant, National Institute of Public Finance and Policy
12:45 - 13:45 Lunch
13:45 - 14:45      Rule of law and regulation
     Justice (Retd.) B.N. Srikrishna, Supreme Court of India

14:45 - 16:05Panel III: Importance of land market for ease of doing business, [conference material]
   Chairperson: Josh Felman, JH Consulting
     Stylised facts on Maharashtra RERA data
     Sahil Gandhi, Tata Institute of Social Sciences
     Creating an efficient market in land, [slideshow]
     Anirudh Burman, National Institute of Public Finance and Policy
Panelists
     Venkatesh Panchapagesan, Indian Institute of Management, Bangalore
     Barun Mitra, Liberty Institute
     S. Chockalingam, Government of Maharashtra
16:05 - 16:25 Tea/Coffee
16:25 - 17:45Panel IV: Technology Policy, [conference material]
   Chairperson: Rajeev Kapoor, Department of Chemicals and Petrochemicals
     Current debates in technology policy, [slideshow]
     Smriti Parsheera, National Institute of Public Finance and Policy
Panelists
     Arunabh Choudhary, Juris Corp
     Parag Kar, Vice President, Qualcomm
     Sunil Bajpai, Telecom Regulatory Authority of India
     Sunil Abraham, The Centre for Internet and Society

6 December 2017

Juniper Hall (Entry from Gate No. 1 on Lodhi Road)

09:30 - 10:00      Registration and Breakfast
10:00 - 11:30Panel V: Courts and Tribunals, [conference material]
   Chairperson: Shardul S. Shroff, Shardul Amarchand Mangaldas
     The issues, [slideshow]
     Prasanth Regy, Insolvency and Bankruptcy Board of India
     Judicial delay: Informalism as panacea?, [slideshow]
     Anuj Bhuwania, South Asian University
Panelists
     Anand Prasad, Advocate
     Somasekhar Sundaresan, Advocate
     Ritin Rai, Advocate
     Sanjay Kumar Medhi, Additional Advocate General, Assam
11:30 - 11:50 Tea/Coffee
11:50 - 13:20Panel VI: Macroeconomic and financial institution building, [conference material]
   Chairperson: Vijay Kelkar, NIPFP
     A progress report, [slideshow]
     Ila Patnaik, National Institute of Public Finance and Policy
Panelists
     U. K. Sinha, Ex-Chairman, Securities and Exchange Board of India
     Harsh Vardhan, Bain & Company
     Amit Raje, Goldman Sachs
13:20 - 14:20 Lunch
14:20 - 15:50Panel VII: Criminal Justice, [conference material]
   Chairperson: Prakash Singh, Police Foundation and Institute
     The issues, [slideshow]
     Renuka Sane, National Institute of Public Finance and Policy
Panelists
     P.C. Haldar, Police Foundation and Institute
     T.V.S.N. Prasad, Ministry of Home Affairs
     B.V.R. Subrahmanyam, Government of Chhattisgarh
15:50 - 16:10 Tea/Coffee
16:10 - 17:40Panel VIII: High performance regulators, [conference material]
   Chairperson: Kirit Parikh, Integrated Research and Action for Development
     The issues, [slideshow]
     Ajay Shah, National Institute of Public Finance and Policy
     A regulator for private skills providers, [slideshow]
     K.P. Krishnan, Ministry of Skill Development and Entrepreneurship
Panelists
     Somasekhar Sundaresan, Advocate
     Suyash Rai, National Institute of Public Finance and Policy
17:40 - 17:50      Summing up
     Sunanda Nair Bidkar, Institute for New Economic Thinking
     Ila Patnaik, National Institute of Public Finance and Policy


New Thinking in Health Policy

26-27 October 2017

India Habitat Centre, Lodhi Road
New Delhi

Steering Committee


26 October 2017

Magnolia Hall, India Habitat Centre (Entry from Gate No. 3 on Lodhi Road)

09:30 - 10:00      Breakfast and Registration
10:00 - 10:30      Opening remarks
     Rathin Roy, NIPFP
     Ila Patnaik, NIPFP
     Anjini Kochar, SCGPD, Stanford University
10:30 - 11:00      Keynote Speech
     Rajiv Mehrishi, Comptroller and Auditor General of India
11:00 - 13:00 Health Insurance
   Chair: Monika Halan, Mint, HT Media
    The rise of government-funded health insurance in India, [slideshow]
    Ajay Shah, NIPFP
    Use of private hospitals under Andhra Arogyashree, [slideshow]
    Shruti Tripathi, NIPFP
    Fair play in Indian health insurance, [slideshow]
    Shubho Roy, NIPFP
13:00 - 14:00 Lunch
14:00 - 16:00Maternal and child health
   Chair: Dean Spears, Research Institute for Compassionate Economics (RICE)
    Resource constraints in the delivery of maternal and child health, [slideshow]
    Anjini Kochar, SCGPD
    Hospital birth and health in Uttar Pradesh: Trends, opportunities, and constraints, [slideshow]
    Diane L. Coffey, Research Institute for Compassionate Economics (RICE)
16:00 - 16:30 Tea/Coffee
16:30 - 17:30     Public Lecture, [slideshow]
    Jeffrey S. Hammer, Princeton University
17:30 - 18:00 Tea/Coffee

27 October 2017

Magnolia Hall, India Habitat Centre (Entry from Gate No. 3 on Vardhman Marg)

10:00 - 10:30 Breakfast
10:30 - 13:00 Air Quality and health
   Chair: Emmanuel Jimenez, International Initiative for Impact Evaluation (3ie)
    Well being in public policy, [slideshow]
    Ila Patnaik, NIPFP
    Why climate policy is health policy for India?
    Dean Spears, Research Institute for Compassionate Economics (RICE)
    Understanding sources of air-pollution, [slideshow]
    Renuka Sane, NIPFP
    Governance of air pollution in Delhi
    Sanhita Sapatnekar, NIPFP
13:00 - 14:00 Lunch
14:00 - 16:00 Health care providers
   Chair: Ajay Shah, NIPFP
    Public hospital reform in India: Options, opportunities and risks, [slideshow]
    Jerry La Forgia, Aceso Global
    Different strokes for different folks: Experimental evidence on the effectiveness of input and output incentive contracts for health care providers with different levels of skills, [slideshow]
    Manoj Mohanan, Duke University
    Human capacity in the nursing and paramedics profession in India, [slideshow]
    Shubho Roy, NIPFP
16:00 - 16:15 Tea/Coffee
16.15 - 17.15     Public Lecture, [slideshow]
    Kirk Smith, University of California, Berkeley
17:15 - 17:30 Closing address
17:30 - 18:00 Tea/Coffee


Round Table on Predatory Pricing in the Telecom Sector

23 May 2017, 10.00 am - 4.00 pm

Auditorium, Ground Floor
Main Building
NIPFP, New Delhi

[Agenda]


Round Table on Privacy and Data Protection

24 March 2017, 09.30 am - 2.30 pm

Auditorium, Ground Floor
Main Building
NIPFP, New Delhi

[Agenda]


Brainstroming Session on Net Neutrality

8 Febraury 2017, 10.00 am - 2.00 pm

Auditorium, Ground Floor
Main Building
NIPFP, New Delhi

[Agenda]


Seminar on Brainstorming Broadband: Developing a Roadmap for India

18 January 2017, 9.30 pm - 6.00 pm

Banquet Hall
Ashoka Hotel
50-B, Diplomatic Enclave, Chanakyapuri
New Delhi - 110021

[Agenda]



New Thinking on Health Policy

4th November, 2016

NIPFP Conference Hall, Ground Floor
R&T Building
New Delhi

10:30 - 10:50      Welcome address and opening remarks, [slideshow]
     Ila Patnaik, NIPFP
10:50 - 11:20      Status of Swachch Bharat Abhiyan, [slideshow]
     Yamini Aiyar, Accountability Initiative
11:20 - 11:50      Study on disclosure by private hospitals in Delhi: Evidence on compliance of regulations, [slideshow]
     Rachna Sharma, NIPFP
11:50 - 12:00 Tea/Coffee
12:00 - 12:40      Improving NCD outcomes: How to reduce the evidence-policy gap, [slideshow]
     Brian Oldenburg, University of Melbourne
12:40 - 13:10      Challenges to management information systems in health: A case study of Andhra Pradesh , [slideshow]
     Shyama Nagarajan, NIPFP
13:10 - 14:00 Lunch
14:00 - 14:40      First things first - Public goods for health in India, [slideshow]
     Jeffrey S Hammer, Princeton University
14:40 - 15:10      Regulating medical education and professions, [slideshow]
     Shefali Malhotra, NIPFP
15:10 - 15:30      Closing remarks
     Ajay Shah, NIPFP


Risk Governance and Investing in Resilience

(Organised by National Institute of Public Finance and Policy, New Delhi and National Disaster Management Authority, New Delhi)

27th October, 2016

Auditorium, Ground Floor
Main Building, NIPFP
New Delhi

09:00 - 09:40      Registration
09:40 - 10:30      Inauguration Session

     Welcome address by Ila Patnaik, NIPFP
     Keynote speech by Rajiv Mehrishi, Ministry of Home Affairs
     Introduction by Kamal Kishore, NDMA [slideshow]
10:30 - 11:40Panel I: Ten Years of Implementation of the Disaster Management Act
Chairman: N. C. Marwah, NDMA
     Anil K. Sinha, Ex-BSDMA
     Aurobindo Behera, Ex-OSDMA
     Vinod Kumar Pipersenia, Government of Assam
     Vinod Kumar Sharma, Sikkim State Disaster Management Authority
11:40 - 11:50 Tea/Coffee
11:50 - 12:00 Movie screening: For a safer future - Insights on climate resilience from India
12:00 - 13:00Panel II: Mainstreaming Disaster Risk Reduction
Chairman: N.C. Marwah, NDMA
     Kamal Lochan Mishra, OSDMA
     Nagesh Singh, Ministry of Rural Development
     Rajesh Goel, Hindustan Prefab Limited
     Hari Kumar, GeoHazards International
     Piyoosh Rautela, DMMC Uttarakhand
13:00 - 13:40 Lunch
13:40 - 13:50 Movie screening: Phailin
13:50 - 14:00 Movie screening: The catalysts of change: Adapting to changing weather in Ladakh
14:00 - 15:00Panel III: Financing Disaster Risk Reduction, Response and Recovery
Chairman: Ashok Lahiri, Bandhan Bank
The Issues: M. Govinda Rao, NIPFP
     Vyas Ji, BSDMA [slideshow]
     Krishna S. Vatsa, UNDP
     Piyoosh Rautela, DMMC Uttarakhand
     Sumit Bose, NIPFP
15:00 - 16:00Panel IV: Risk Financing
Chairman: Ajay Shah, NIPFP
The issues: K. P. Krishnan, Department of Land Resources
     Mukundan K., UTI Capital Private Limited
     Satish Raju, Swisse Re
     Dhyanesh Bhatt, ICICI Lombard [slideshow]
16:00 - 16:10 Tea/Coffee
16:10 - 16:20 Movie screening: Participatory management of urban lakes: Indore city lakes
16:20 - 17:20Panel V: Regulating the Built Environment
Chairman: Sudipto Mundle, NIPFP
The issues: Anirudh Burman, NIPFP [slideshow]
     C. V. R. Murty, IIT Jodhpur [slideshow]
     Shailesh Agarwal, BMTPC
     Kapil Gupta, IIT Bombay
     Rajeswari Pillai Rajagopalan, Observer Research Foundation
17:20 - 17:30      Vote of thanks
     Ila Patnaik, NIPFP


Seminar on Impact of FFC and Restructuring of Centrally Sponsored Schemes of Centre and States on Health Expenditure

18th October, 2016

NIPFP Conference Hall, Ground Floor
R&T Building
New Delhi

10:15 - 10:45      Welcome Tea and Registration
10:45 - 11:00      Opening Session
     Ila Patnaik, NIPFP
11:00 - 11:40      The Impact of recent development in inter-governmental fiscal relations on public spending in India, [slideshow]
     Ananya Kotia, NIPFP and Sahana Roy Choudhury, IMI, Kolkata

         Discussant: Yamini Aiyar, Accountability Initiative
11:40 - 12:20      Impact of the recommendations of the Fourteenth Finance Commission: Transfers and social sector expenditures, [slideshow]
     Mita Choudhury, NIPFP

         Discussant:
12:20 - 13:00      Power to states: New pathways to inter-governmental fiscal transfers for health, [slideshow]
     Yamini Aiyar, Accountability Initiative

         Discussant: Manish Gupta, NIPFP [slideshow]
13:00 - 14:00 Lunch
14:00 - 14:40      Impact of the 14th Finance Commission and CSS sharing pattern on health expenditures, [slideshow]
     Frederico Gil Sander and Saurabh Shome, World Bank

         Discussant: Shruti Tripathi, NIPFP
14:40 - 15:20      How much do the governments spend on healthcare? Infirmities in public expenditure data, [slideshow]
     M Govinda Rao, Fourteenth Finance Commission

         Discussant: Ajay Shah, NIPFP
15:20 - 16:30Panel Discussion: Role of Centre and States in Health Expenditure
   Chairman: Rathin Roy, NIPFP
     M Govinda Rao, Fourteenth Finance Commission
     Pinaki Chakroborty, NIPFP
     Ajay Shah, NIPFP
16:30 - 16:45      Summing up
     Ila Patnaik, NIPFP

1st Law Economics Policy Conference 2016

(Organised by National Institute of Public Finance and Policy, New Delhi and Institute for New Economic Thinking, New York)

28-30th September, 2016

India Habitat Centre
Lodhi Road
New Delhi

Steering Committee


28 September 2016

Juniper Hall (Entry from Gate No. 1 on Lodhi Road)

19:30 - 19:40      Welcome address
     Rathin Roy, Director, NIPFP
19:40 - 19:55      Keynote speech
     Arun Jaitley, Honourable Minister of Finance, Government of India
19:55 - 20:10      Inaugural address - Judicial and Court Reform in India
     K. K. Venugopal, Senior Advocate, Supreme Court of India
20:10 - 20:20      Vote of thanks
     Ajay Shah, Professor, NIPFP
20:20 - 22:20 Dinner at Silver Oak Lawns

29 September 2016

Juniper Hall (Entry from Gate No. 1 on Lodhi Road)

09:30 - 10:00      Registration
10:00 - 10:10      Welcome address
     Ajay Shah, NIPFP
10:10 - 10:30      Opening remarks
     Amitabh Kant, NITI Aayog
10:30 - 11:15      Towards a privacy framework for India, [paper]
     Vrinda Bhandari, Advocate

         Discussant: Sunil Abraham, The Centre for Internet and Society
11:15 - 11:35 Tea/Coffee
11:35 - 12:20      Network effects in India's online business: A competition law analysis, [slideshow]
     Avirup Bose, Jindal Global Law School

         Discussant: Samir Gandhi, AZB & Partners
12:20 - 13:05      Independence in judicial appointments: Positive and normative perspectives, [paper] [slideshow]
     Shruti Rajagopalan, State University of New York

         Discussant: Arghya Sengupta, Vidhi Centre for Legal Policy
13:05 - 14:05 Lunch
14:05 - 15:05Panel I: Towards High Performing Regulators
   Chairman: Justice A. K. Jayasankaran Nambiar, High Court of Kerala
   The issues, Ajay Shah, NIPFP
     Bahram Vakil, AZB & Partners
     M. S. Sahoo, Competition Commission of India
     Ramesh Abhishek, Department of Industrial Policy and Promotion
15:05 - 16:00      UIDAI's Public Policy Innovations, [paper]
     R. S. Sharma, Telecom Regulatory Authority of India

         Discussant: Vivek Raghavan, Unique Identification Authority of India
                           Sanjay Jain, EkStep
16:00 - 16:20Tea/Coffee
16:20 - 17:20Panel II: Regulation Professions
   The issues, Prithvi Haldea, Prime Database
     Bahram Vakil, AZB & Partners
     M. S. Sahoo, Competition Commission of India
     Parag Tripathi, Supreme Court of India
     R. P. Chitale, M.P. Chitale & Company

30 September 2016

Magnolia Hall (Entry from Gate No. 3 on Vardhman Marg)

10:00 - 10:20      Governing finance under conditions of incomplete law, [slideshow]
     Katharina Pistor, Columbia Law School
10:20 - 11:05      Legislative strategy to set up an independent debt management agency, [paper]
     Ila Patnaik, NIPFP
         Discussant: Mihir Naniwadekar, Advocate
11:05 - 11:25 Tea/Coffee
11:25 - 12:10      Judicial review and money bills, [slideshow]
     Pratik Datta, NIPFP

         Discussant: Somasekhar Sundaresan, Advocate
12:10 - 12:55      Coethnic voters and candidate choice by political parties, [paper] [slideshow]
     Tushar Bharati, University of Southern California

         Discussant: Prasanth Regy, NIPFP
12:55 - 13:55 Lunch
13:55 - 14:55Panel III: State Capacity
   Chairman: Justice D.Y. Chandrachud, Supreme Court of India
   The issues, Somasekhar Sundaresan, Advocate
     Harish Narasappa, Daksh
     Prashanto Chandra Sen, Supreme Court of India
     Rajeev Kapoor, LBSNAA
14:55 - 15:40      Regulatory responsiveness in India: A normative and empirical framework for assessment, [paper] [slideshow]
     Bhargavi Zaveri, IGIDR

         Discussant: J. Ranganayakulu, Securities and Exchange Board of India
15:40 - 16:00 Tea/Coffee
16:00 - 17:00Panel IV: Finance, Law and Emerging Markets
   Chairman: Ashok Chawla, National Stock Exchange
   The issues, Katharina Pistor, Columbia Law School
     Ashok Lahiri, Bandhan Bank
     Ila Patnaik, NIPFP
     K. P. Krishnan, Department of Land Resources
     Methil Unnikrishnan, Reserve Bank of India
17:00 - 17:30      Closing talk
     Rajiv Mehrishi, Ministry of Home Affairs
17:30 - 17:45      Summing up
     Sunanda Nair Bidkar, Institute for New Economic Thinking


Seminar on Quality of Services in Telecom and Data Services: Issues, Challenges and Solutions

21 September 2016, 4.30 pm - 7.30 pm

Conference Hall, Ground Floor
R&T Building
NIPFP, New Delhi

[Agenda]


Seminar on "Integrating Regulatory Impact Assessment in Lawmaking in India"

(Organised by National Institute of Public Finance and Policy, New Delhi and Consumer Unity and Trust Society, Jaipur)

21 April 2016, 4.00 pm - 7.45 pm

Magnolia Conference Hall
India Habitat Centre
Lodhi Road
New Delhi
The entry is from the IHC Gate number 3 on Vardhman Marg.

[Agenda]


Symposium on Network Neutrality in India: Discriminatory Pricing and Beyond

04 March 2016, 4.30 pm - 7.30 pm

Conference Hall, Ground Floor
R&T Building
NIPFP, New Delhi

[Agenda]


Policy Consultation on Health Financing in India

16 December, 2015

Hosted by the Ministry of Health and Family Welfare and National Institute of Public Finance and Policy New Delhi

Longchamp Hall
The Taj Mahal Hotel
Number One Mansingh Road, New Delhi

[Agenda]


14th Research Meeting of NIPFP-DEA Research Program

11-12 December, 2015

Hill Fort Kesroli
Alwar
Rajasthan

11 December 2015

09:30 - 10:15      Heterogeneous patterns of financial development: Implications for asian financial integration, [paper] [slideshow]
     Nirvikar Singh, University of California, Santa Cruz

         Discussant: Russell A Green, Rice University [slideshow]
10:15 - 11:00      International Transmissions of Monetary Shocks, [paper] [slideshow]
     Xuehui Han, Asian Development Bank

         Discussant: Mohit Desai, NIPFP [slideshow]
11:00 - 11:20 Tea/Coffee
11:20 - 12:05      Three sisters: The interlinkage between sovereign debt, currency, and banking crises, [paper] [slideshow]
     Bilge Karatas, Avans University of Applied Sciences

         Discussant: Gurnain Pasricha, Bank of Canada [slideshow]
12:05 - 12:50      Chinese outwards mercantilism - The art and practice of bundling, [paper] [slideshow]
     Joshua Aizenman, University of Southern California

         Discussant: Shang Jin Wei, Asian Development Bank [slideshow]
12:50 - 13:45 Lunch
13:45 - 14:30      Taper tantrums: QE, its aftermath and emerging market capital flows, [slideshow]
     Anusha Chari, University of North Carolina at Chapel Hill

         Discussant: Joshua Aizenman, University of Southern California [slideshow]
14:30 - 15:15      Dating business cycles in post reform emerging economies, [slideshow]
     Radhika Pandey, NIPFP

         Discussant: Nirvikar Singh, University of California, Santa Cruz [slideshow]
15:15 - 15:35 Tea/Coffee
15:35 - 16:35Chairman: Ravi Narain, National Stock Exchange of India
   Policy Panel: Macro policy in a difficult world
     Ila Patnaik, DEA, Ministry of Finance
     Shang Jin Wei, Asian Development Bank
     Joshua Felman
16:45 - 18:00      Walk through the countryside

20:00 - 22:00 Dinner

12 December 2015

09:30 - 10:15      The second wave of global liquidity: Why are firms acting like financial intermediaries?, [paper] [slideshow]
     Ugo Panizza, The Graduate Institute of International & Development Studies

         Discussant: Ajay Shah, NIPFP [slideshow]
10:15 - 11:00      Why was the plaza accord unique?, [paper] [slideshow]
     Russell A Green, Rice University

         Discussant: Atish Ghosh, International Monetary Fund [slideshow]
11:00 - 11:20 Tea/Coffee
11:20 - 12:05      The anatomy of the Indian credit boom of 2004-2008, [paper] [slideshow]
     Ajay Shah, NIPFP

         Discussant: Ugo Panizza, The Graduate Institute of International & Development Studies [slideshow]
12:05 - 12:50      International Financial Spillovers to Emerging Market Economies: How Important Are Economic Fundamentals?, [paper] [slideshow]
     Andrei Zlate, Federal Reserve Bank of Boston

         Discussant: Prachi Mishra, Reserve Bank of India [slideshow]
12:50 - 13:45 Lunch
13:45 - 14:30      What\92s in a name? That which we call capital controls, [slideshow]
     Atish Ghosh, International Monetary Fund

         Discussant: Anirudh Burman, NIPFP [slideshow]
14:30 - 15:15      The transmission of monetary policy within banks: Evidence from India, [paper] [slideshow]
     Prachi Mishra, Reserve Bank of India

         Discussant: Andrei Zlate, Federal Reserve Bank of Boston [slideshow]
15:15 - 15:30 Tea/Coffee
15:30 - 16:15      Corporate Debt Restructuring, Bank Competition and Stability: Evidence from creditors\92 perspective, [paper] [slideshow]
     Sushanta Mallick, University of London

         Discussant: Joshua Felman [slideshow]
16:15 - 17:00      Is USD-INR really a volatile currency pair?
     Parthajit Kayal, Institute for Financial Management and Research

         Discussant: Apoorva Gupta, University of Nottingham [slideshow]
17:00 - 18:00Chairman: U. K. Sinha, SEBI
   Policy Panel: Indian growth fundamentals
     K. P. Krishnan, Department of Land Resources
     Sajjid Chinoy, J P Morgan
     Somasekhar Sundaresan, J. Sagar Associates

20:00 - 22:00 Dinner


Roundtable on "Budget 2015-16: The Next Wave of Financial Sector Reforms"

(Organised by the Bombay Stock Exchange, Indian Merchants Chamber and the National Institute of Public Finance and Policy)

7th April, 2015

BSE International Convention Hall
P. J. Towers, Dalal Street, Fort
Mumbai

16:30 - 16:40      Welcome Address, Prabodh Thakkar, President, Indian Merchants' Chamber
16:40 - 16:50      How the budget ushers in next generation financial reforms
     Address by Rajiv Mehrishi, Finance Secretary, Ministry of Finance, Government of India*
16:50 - 17:10      Translating the vision for a unified capital market
     Ashish Chauhan, Bombay Stock Exchange
17:10 - 17:30      SEBI-FMC merger: Exploring the potential of a unified commodities and equities market
     Samir Shah, NCDEX
     Gangadhar Dharba, Nomura Group
17:30 - 17:50      Public Debt Management Agency: A new merchant banker for the government
     Tarun Ramadorai, University of Oxford
     Jayesh Mehta, Bank of America
17:50 - 18:10      Moving towards global integration
     Ajay Shah, National Institute of Public Finance and Policy
18:10 - 18:30      Questions from the floor
18:30 - 18:50      Closing Remarks
     Ashish Chauhan, Bombay Stock Exchange
18:50 - 19:20     High Tea and Snacks

* Through video-conferencing


13th Research Meeting of NIPFP-DEA Research Program

6-8 March, 2015

'Jalgiri Mahal'
Neemrana Fort Palace
Rajasthan

Videos from the meeting

6 March 2015

09:30 - 10:15      International reserves before and after the global crisis: Is there no end to hoarding?, [paper] [slideshow]
     Joshua Aizenman, University of Southern California

         Discussant: Rajeswari Sengupta, IGIDR [slideshow]
10:15 - 11:00      Is there really a renminbi bloc in Asia?, [paper] [slideshow]
     Masahiro Kawai, University of Tokyo

         Discussant: Shekhar Hari Kumar, NIPFP [slideshow]
11:00 - 11:20 Tea/Coffee
11:20 - 12:05      The real effects of capital controls: Credit constraints, exporters and firm investment, [paper] [slideshow]
     Anusha Chari, University of North Carolina at Chapel Hill

         Discussant: Joshua Aizenman, University of Southern California [slideshow]
12:05 - 12:50      The impact of U.S. monetary policy normalization on capital flows to emerging-market economies, [paper] [slideshow]
     Garima Vasishtha, Bank of Canada

         Discussant: Ila Patnaik, DEA, Ministry of Finance
12:50 - 13:50 Lunch
13:50 - 14:35      Capital flows and capital account management in selected Asian economies, [paper] [slideshow]
     Rajeswari Sengupta, IGIDR

         Discussant: Hwee Kwan Chow, Singapore Management University [slideshow]
14:35 - 15:20      Does foreign Bank presence affect interest rate pass-through in emerging and developing economies?, [paper] [slideshow]
     Sasidaran Gopalan, Hong Kong University of Science and Technology

         Discussant: Wen Si, Shanghai Academy of Social Science [slideshow]
15:20 - 15:40 Tea/Coffee
15:40 - 16:25      Exporting and firm performance: Evidence from India, [paper] [slideshow]
     Apoorva Gupta, NIPFP

         Discussant: Sasidaran Gopalan, Hong Kong University of Science and Technology [slideshow]
16:25 - 17:10      On the effectiveness of inflation targeting: Evidence from semi/nonparametric approach , [paper] [slideshow]
     N. Kundan Kishor, University of Wisconsin-Milwaukee

         Discussant: Apoorva Gupta, NIPFP [slideshow]
17:10 - 18:00      Foreign exchange derivatives and bank lending in China, [paper] [slideshow]
     Wen Si, Shanghai Academy of Social Science

         Discussant: Michael Hutchison, University of California, Santa Cruz [slideshow]
20:00 - 22:00 Dinner

7 March 2015

09:30 - 10:15      Domestic and multilateral effects of capital controls in emerging markets, [paper] [slideshow]
     Gurnain Pasricha, Bank of Canada

         Discussant: Rahul Mukherjee, Graduate Institute of International and Development Studies [slideshow]
10:15 - 11:00      Two targets, two instruments: Monetary and exchange rate policies in emerging market Economies, [paper] [slideshow]
     Atish Ghosh, IMF

         Discussant: N. Kundan Kishor, University of Wisconsin-Milwaukee [slideshow]
11:00 - 11:30 Tea/Coffee
11:30 - 12:15      Is the renminbi Asia\92s dominant reference currency? A reconsideration, [paper] [slideshow]
     Hwee Kwan Chow, Singapore Management University

         Discussant: Masahiro Kawai, University of Tokyo [slideshow]
12:15 - 13:00      Economic stabilization in the post-crisis world: Are fiscal rules the answer?, [paper] [slideshow]
     Michael Hutchison, University of California, Santa Cruz

         Discussant: Atish Ghosh, IMF [slideshow]
13:00 - 14:00 Lunch
14:00 - 14:45      Liquidity-driven FDI, [paper] [slideshow]
     Rahul Mukherjee, Graduate Institute of International and Development Studies

         Discussant: Anusha Chari, University of North Carolina at Chapel Hill [slideshow]
14:45 - 15:30      Financial openness of China and India: Implications for capital account liberalisation , [paper] [slideshow]
     Gunon Ma, Bruegel

         Discussant: Ajay Shah, NIPFP
15:30 - 16:00 Tea/Coffee
16:00 - 16:45      Isolating country-specific shocks in EM exchange rates, [slideshow]
     Ajay Shah, NIPFP

         Discussant: Masahiro Kawai, University of Tokyo [slideshow]
16:45 - 17:30      Fair weather or foul? The macroeconomic effects of El Ni\F1o, [paper] [slideshow]
     Kamiar Mohaddes, University of Cambridge

         Discussant: Garima Vasishtha, Bank of Canada [slideshow]
20:00 - 22:00 Dinner

8 March 2015

09:30 - 11:00Chairman: Ajay Tyagi, DEA, Ministry of Finance
   Policy Panel: The difficulties of banking in India
     Joshua Felman, IMF
     Diwakar Gupta, Aditya Birla Financial Services
11:00 - 11:15 Tea/Coffee
11:15 - 12:45Chairman:
   Policy Panel: Looking ahead: The next bout of international financial turbulence
     Ila Patnaik, DEA, Ministry of Finance
     Michael Hutchison, University of California, Santa Cruz
12:45 - 13:00      Closing Remarks
     Ajay Shah, NIPFP

13:00 - 14:00 Lunch

NIPFP-DEA Research Program

Indian Economic Policy Strategy Conference

12-13 January, 2015

Madhubhan Resort
Anand Sojitra Road
Vallabh Vidyanagar
Gujarat, India

Videos from the conference

12 January 2015

 Inaugural Session
09:30 - 09:45 Welcome and Inaugural Address, Rajiv Mehrishi, Finance Secretary, Ministry of Finance
09:45 - 11:15 Land - What are the market failures in the working of the land market? What State intervention is necessary in addressing these? What is the role of the State in the land market? What changes are required in the Land Acquisition Act?
Chairman: Ashok Lahiri, former Chief Economic Advisor
  Modernisation of Land Records - The Gujarat Experience, T. P. Singh, BISAG [slideshow]
        Discussant: K. P. Krishnan, Department of Land Resources
                          V. S. Rangan, HDFC
  Floor discussion

11:15 - 11:30

Tea/Coffee Break

11:30 - 13:00 Labour - What are the market failures in health and education? What are the appropriate responses on the part of the State? How can existing methods of intervention be reformed? What is the role of the State in the employer-employee relationship? What changes are required to labour laws? How should these laws be enforced?
Chairman: Girindre Beeharry, Bill & Melinda Gates Foundation
  Rethinking Education, Lant Pritchett, Harvard Kennedy School
  Rethinking Health, Yamini Aiyar, Accountability Initiative [slideshow]

        Discussant: Abhijit Chowdhury, Institute of Post Graduate Medical Education & Research
                          Shekhar Shah, NCAER
  Floor discussion

13:00 - 14:00

Lunch

14:00 - 15:50 Capital - How to achieve a sound financial system, which allocates resources wisely, supports risk management by citizens and firms, enables international economic integration, and produces resilience?
Chairman: Tarun Bajaj, Department of Economic Affairs
  Building a Sound Financial System, Ila Patnaik, DEA, Ministry of Finance [slideshow]
  Building a Sound Financial System, Sajjid Chinoy, J P Morgan [slideshow]

        Discussant: Ravi Narain, National Stock Exchange
                          Mrugank Paranjape, Deutsche Bank Centre
                          Rajiv Lall, IDFC
  Floor discussion

15:50 - 16:10

Tea/Coffee Break

16:10 - 18:00 State Capacity - State capacity is about the ability of the State to translate its objectives into the desired outcomes. In the last 25 years, the private sector has seen the emergence of many world class organisations, which have world class abilities in analysing problems, arriving at sound decisions, and execution. How can more effective structures be achieved in government, which are able to look into the future, understand problems, create an environment conducive to taking the right decisions, and obtaining sound execution? What does it take, to achieve high performance organisations in government?
Chairman: Jishnu Das, Centre for Policy Research and World Bank
  Understanding and Solving the Barriers to State Capacity, Abhijit Banerjee, MIT [slideshow]
  Constructing High Performance Agencies, K. P. Krishnan, Department of Land Resources [slideshow]
  Rethinking tax policy and tax administration, Arbind Modi, CBDT [slideshow]
  Micro irrigation in Gujarat: A case study of State effectiveness, R. K. Sugoor,\A0GGRC Limited [slideshow]

        Discussant: C. B. Bhave, former Chairman, SEBI
  Floor discussion

20:00

Dinner

13 January 2015

09:30 - 10:45 Enterprise - Increased productivity of firms is central to achieving high GDP growth. What are the market failures in the working of firms? What are the appropriate interventions by the State? What reforms are required in order to improve the interfaces between the State and the firms? What does it take to achieve high performance firms?
Chairman: Laveesh Bhandari, Indicus Analytics
  Manufacturing in India, Pankaj Chandra, former Director, IIM, Bangalore [slideshow]
  Achieving High Performance Firms, Vishal Nevatia, India Value Fund [slideshow]

        Discussant: Gaurav Dalmia, Landmark Holdings
  Floor discussion

10:45 - 11:00

Tea/Coffee Break

11:10 - 12:45 Infrastructure - From 2002 onwards, India began a `first wave' of infrastructure investment. Some remarkable outcomes of this first wave of investment have now become operating assets. However, the policy strategies used in this first wave of investment had numerous flaws, and new thinking is required in order to ignite the second wave of infrastructure investment.
Chairman: Yashwant Bhave, former Chairman, AERA
  Setting up the Second Wave, Ajay Shah, NIPFP [slideshow]
  New Thinking on Urban Infrastructure at GIFT, Dipesh Shah, GIFT [slideshow]

        Discussant: K. Mukundan, India Infrastructure Development Fund
  Floor discussion

12:45 - 13:45

Lunch

13:45 - 15:15 Legal System - Laws, lawyers and courts are vital to the working of liberal democracy and the market economy. There are large gaps between the present landscape and the requirements of India in 2014 or in 2024. What strategies for change should be adopted so as to establish a steady pace of improvement in the legal system?
Chairman: A. K. Bhattacharya, Business Standard
  A Roadmap for Change, Somasekhar Sundaresan, J. Sagar Associates [slideshow]

        Discussant: M. R. Madhavan, PRS Legislative Research
  Floor discussion

15:15 - 15:40

Tea/Coffee Break

15:40 - 17:10 Enforcement - All too often, ambitious laws are enacted, but the enforcement process is spotty. Sometimes, this creates perverse incentives where unethical firms get ahead. In many areas, there are concerns about the extent to which present institutional capabilities in enforcement are able to grapple with the sophistication and power of law-breakers. What are the mechanisms through which institutional capacity for enforcement can be constructed?
Chairman: Lant Pritchett, Harvard Kennedy School
  How to Improve Investigative capacity, Nandkumar Saravade, Advisor on Security [slideshow]
        Discussant: R. Ramaseshan, former CEO NCDEX
                         Jessica Seddon, Okapi Research & Advisory
                         
  Floor discussion

17:10 - 17:20

Concluding Remarks, Ajay Shah, NIPFP

20:00

Dinner

Comments, Ideas, Discussion
Dhiraj Nayyar, Bloomberg View and Sunday Guardian   Venky Panchapagesan, IIM Bangalore
Ashish Chauhan, Bombay Stock Exchange   Pradip Saha, Damage Control Private Limited
S. Krishnan, Government of Tamil Nadu   I. S. N. Prasad, Government of Karnataka
Gautam Chikermane, Reliance Industries Ltd.   Samir Shah, NCDEX
Anil Padmanabhan, Mint   Monika Halan, Mint Money
G. V. Nageswara Rao, NSDL   Pramod Kabra, India Value Fund
C V Madhukar, Omidyar Network   T. Nanda Kumar, National Dairy Development Board

NIPFP-DEA Conference

Next Generation Fiscal Reform Frameworks to deliver
effective counter-cyclical policy: Indian and International
Experiences

12-13 December, 2014

Hotel Cidade de Goa
Vainguinim Beach
Goa, India (www.cidadedegoa.com)
Logistics

Videos from the conference

12 December 2014

 Inaugural Session
09:30 - 09:45 Welcome Address, Rathin Roy, Director, NIPFP
09:45 - 10:00 Opening Remarks, Ila Patnaik, DEA, Ministry of Finance, [slideshow]

10:00 - 11:30 Session I - Experiences with fiscal rules
Chair: Rathin Roy, NIPFP
  Fiscal rules at sub-national levels, Sanjeev Gupta, International Monetary Fund, [slideshow]
  Cyclically adjusted fiscal stance in India, Saurabh Ghosh, Reserve Bank of India, [slideshow]
  The impact of national fiscal rules on the stabilization function of fiscal policy, Agnese Sacchi, Universitas Mercatorum, [slideshow]

11:30 - 11:50

Tea/Coffee Break

11:50 - 13:20 Session II - Emerging economies experience with fiscal rules, fiscal councils and counter-cyclicality
Chair: Ila Patnaik, DEA, Ministry of Finance
  State finances in India, Vinaya Swaroop, World Bank, [slideshow]
  Fiscal councils in emerging markets, Xavier Debrun, International Monetary Fund, [slideshow]
  Fiscal rules in emerging markets: What have we learnt?, Marcelo Giugale, World Bank, [slideshow]

13:20 - 14:30

Lunch

14:30 - 16:15 Session III - Expenditure management: Achieving fiscal stability and automatic stabilisers
Chair: Sumit Bose, Expenditure Management Commission
  Remarks from Chair - Challenges before Expenditure Management Commission (EMC)
  Expenditure management during economic downturns, Allen Schick, University of Maryland, [slideshow]
  Let's improve the plumbing, Viral Shah, FourthLion Technologies
  Fiscal and welfare costs of excess food stocks, Bharat Ramaswami, Indian Statistical Institute, [slideshow]

19:45

Talk over Dinner, Arvind Subramanian, Chief Economic Advisor, DEA, Ministry of Finance

13 December 2014

09:30 - 11:00 Session IV - Panel discussion on states experience with fiscal rules
Chair: M Govinda Rao, Fourteenth Finance Commission
  V. Bhaskar, Government of Andhra Pradesh, [slideshow]

  Upendra Nath Behera, Government of Odisha, [slideshow]

  Vini Mahajan, Government of Punjab

11:00 - 11:30

Tea/Coffee Break

11:30 - 13:00 Session V - Institution building for debt management - global and national experiences
Chair: Dhirendra Swarup
  Strengthening institutions to manage public debt: design and implementation, Phillip Anderson, World Bank, [slideshow]
  Debt management in Turkey, Hakki Karatas, Undersecretariat of treasury, Republic of Turkiye, [slideshow]
  Setting up Public Debt Management Agency in India, Neeraj Gambhir, Nomura India

13:00 - 14:00

Lunch

14:00 - 15:45 Session VI - Next steps in fiscal institution building
Chair: Rathin Roy, NIPFP
  Experiences with budget institutions in G20 countries, Sanjeev Gupta, International Monetary Fund, [slideshow]

  Fiscal, financial and monetary institution building, Ajay Shah, NIPFP, [slideshow]

  Policy takeaways and comments, Arvind Subramanian, DEA, Ministry of Finance

Comments by Chair

15:45 - 16:15

Remarks and next steps, Rajiv Mehrishi, Finance Secretary, Ministry of Finance

20:00

Dinner


12th Research Meeting of NIPFP-DEA Research Program

13-14th March, 2014

Magnolia Conference Room
India Habitat Centre
Lodhi Road
New Delhi.
The entry is from the IHC Gate number 3 on Vardhman Marg.

13 March 2014

09:00 - 09:30 Tea/Coffee with Snacks
09:30 - 10:00 Inaugural Session
    Introduction by Rathin Roy, Director, NIPFP
    Inaugural Address by C. Rangarajan, Chairman, NIPFP
10:00 - 10:50      International investors in local bond markets: Indiscriminate flows or discriminating tastes?, [paper] [slideshow]
     Rajeswari Sengupta, IGIDR
         Discussant: Joshua Felman, International Monetary Fund [slideshow]
10:50 - 11:40      Two tales of adjustment: East Asian lessons for European growth, [paper] [slideshow]
     Anusha Chari, University of North Carolina at Chapel Hill
         Discussant: Ajay Shah, NIPFP [slideshow]
11:40 - 12:00 Tea/Coffee
12:00 - 12:50      Exchange rate management and crisis susceptibility: A reassessment, [paper] [slideshow]
     Atish Rex Ghosh, International Monetary Fund
         Discussant: Ila Patnaik, NIPFP [slideshow]
12:50 - 13:50 Lunch
13:50 - 14:40      Motivations for capital controls and their effectiveness, [paper] [slideshow]
     Ila Patnaik, NIPFP
         Discussant: Atish Rex Ghosh, International Monetary Fund [slideshow]
14:40 - 15:30      Who borrows abroad and what are the consequences, [slideshow]
     Ajay Shah, NIPFP
         Discussant: Anusha Chari, University of North Carolina at Chapel Hill
15:30 - 15:50 Tea/Coffee
15:50 - 18:00 Panel Discussion
     FX Risks: Deleveraging < Delhi < Dollar, [slideshow]
     Abhishek Gupta and Indranil Sen Gupta, DSP Merrill Lynch Limited

     Financial reforms
     K. P. Krishnan, DEA

         Discussant: Ajay Shah, NIPFP
                          Joshua Felman, International Monetary Fund

19:30 - 21:00 Dinner, at the 'Maple Room' at India Habitat Centre

14 March 2014

09:30 - 10:15 Tea/Coffee with Snacks
10:15 - 11:05      An unobserved components Phillips curve for India, [paper] [slideshow]
     Ananya Kotia, Oxford University
         Discussant: Abhishek Gupta, DSP Merrill Lynch Limited
11:05 - 11:30 Tea/Coffee
11:30 - 12:30      Internationalization choices: An ordered probit analysis at industry-level, [paper] [slideshow]
     Alberto Franco Pozzolo, University of Molise
         Discussant: Apoorva Gupta, NIPFP [slideshow]
12:30 - 13:20      Comparative advantage as a source of exporters' pricing power: Evidence from China and India, [paper] [slideshow]
     Sushanta Mallick, University of London
         Discussant: Rudrani Bhattacharya, NIPFP [slideshow]
13:20 - 14:20 Lunch
14:20 - 15:20      Monetary policy analysis in an inflation targeting framework in emerging economies: The case of India, [paper] [slideshow]
     Rudrani Bhattacharya, NIPFP
         Discussant: Subir Gokarn, Brookings India
15:20 - 15:40 Tea/Coffee
15:40 - 16:30      The future of the Euro at 15: Rounding the corners of the holy trinity?, [paper] [slideshow]
     Ad van Riet, European Central Bank
         Discussant: Subir Gokarn, Brookings India
16:30 - 18:00 Panel Discussion
     Post election growth scenario,
     Ila Patnaik, NIPFP

     New thinking on wealth effects and household borrowing, [slideshow]
     Josh Felman, International Monetary Fund

     Lessons from financial reform in the US and Europe for India?,
     Sony Kapoor, Re-define

         Discussant: Subir Gokarn, Brookings India

19:30 - 21:00 Dinner, at the 'Maple Room' at India Habitat Centre


Food Inflation: Micro and Macro Perspectives
25th February, 2014

Conference Room (Ground Floor), R&T Building, NIPFP, New Delhi

09:45 - 10:00 Tea/Coffee
10:00 - 10:15      Inaugural speech, [speech]
     Ajay Chhibber, Independent Evaluation Organisation
Chairman, Ajay Chhibber, Independent Evaluation Organisation
10:15 - 10:45      Understanding food inflation in India, [slideshow]
     Rudrani Bhattacharya, NIPFP
10:45 - 11:15      Indian inflation 2008-2013 \96 What happened?, [slideshow]
     Surjit Bhalla, OxUs Investments
11:15 - 11:30 Tea/Coffee
11:30 - 12:00      Farm sector performance and food price inflation in India: Insights and lessons from pre- and post- economic liberalisation experiences, [slideshow]
     Sthanu R. Nair, IIM Kozhikode
12:00 - 12:30      Food Inflation: The role of monetary policy in India, [slideshow]
     Rahul Anand and Volodymyr Tulin, IMF
12:30 - 13:15 Lunch
13:15 - 14:00      Better resource allocation through commodity futures markets, [slideshow]
     Ajay Shah, NIPFP
         Discussants: Ramesh Abhishek, FMC and C. K. G. Nair, Ministry of Finance
14:00 - 14:45      Enabling a competitive, national market for food, [slideshow]
     Ila Patnaik, Shubho Roy and Anirudh Burman, NIPFP
         Discussants: K. P. Krishnan, Ministry of Finance and Anandi Subramanian, Ministry of Finance and Sanjay Kaul, NCML
14:45 - 15:00 Tea/Coffee
15:00 - 16:15      Building capable warehouses
     Chairman, M.S. Sahoo, ICSI

     Dinanath Kolamkar, Ministry of Finance
     Yatinder Prasad, WDRA, [slideshow]
     Anil K. Choudhary, NBHC
     Samir Shah, NCDEX
     Arjun Rajagopal, NIPFP
     Suyash Rai, NIPFP, [slideshow]
16:15 - 17:30      Food supply chains: Challenges & opportunities
     Chairman, Ajay Shah, NIPFP

     Sanjeev Asthana, I-Farm Venture Advisors Pvt. Ltd.
     Sachid Madan, Technico Agri Sciences Ltd.
     Nitin Puri, Yes Bank
     Unupom Kausik, Olam Agro India Ltd.
17:30 - 17:40      Closing remarks


India Macro Policy Review, 19th November, 2013

NIPFP Auditorium, NIPFP, New Delhi

09:00 - 09:30 Tea/Coffee
09:30 - 10:00      Is food special, [slideshow]
     Rudrani Bhattacharya, NIPFP
10:00 - 10:30      Improvements in macroeconomic measurement, [slideshow]
     Radhika Pandey, NIPFP
10:30 - 10:45 Tea/Coffee
10:45 - 11:15      QE unwinding and its impact, [slideshow]
     Ila Patnaik, NIPFP
11:15 - 11:45      How did we get it so wrong?
     Sajjid Chinoy, J. P. Morgan
11:45 - 12:30      The Macroeconomic situation, [slideshow]
     Ajay Shah, NIPFP
12:30 - 13:30 Lunch Break
13:30 - 14:15      Election spending and growth, [slideshow] (Preliminary work. Do not cite)
     Taimur Baig, Deutsche Bank
14:15 - 14:45      Fiscal policy - Centre but not States, [slideshow] [slideshow]
     Rathin Roy, NIPFP
14:45 - 15:15 Tea/Coffee
15:15 - 17:15      An FPAS model for India, [slideshow]
     Pranav Kumar Gupta, IMF
17:15 - 17:45 Tea/Coffee


11th Research Meeting of NIPFP-DEA Research Program

7-8 September, 2013

'Darbar Mahal'
Neemrana Fort Palace
Rajasthan


7 September 2013

 Inaugural Session
09:00 - 09:10 Introduction by Rathin Roy, Director, NIPFP
09:10 - 10:00 Inaugural Address by Ajay Chhibber, Director General, Independent Evaluation Office, Government of India, [speech]
Technical Session
10:00 - 10:50      International asset allocation: The benchmark effect, [paper] [slideshow]
     Sergio Schmukler, World Bank
         Discussant: Gangadhar Darbha, Nomura Securities
10:50 - 11:10 Coffee Break
11:10 - 12:00      Learning to export, [paper] [slideshow]
     Ajay Shah, NIPFP
         Discussant: Sergio Schmukler, World Bank [slideshow]
12:00 - 12:50      Understanding the pro-cyclicality of capital flows, [paper] [slideshow]
     Rudrani Bhattacharya, NIPFP
         Discussant: Prachi Mishra, International Monetary Fund [slideshow]
12:50 - 13:50 Lunch
13:50 - 14:40      Foreign investors on extreme days, [slideshow]
     Nirvikar Singh, University of California, Santa Cruz
         Discussant: Thomas Richardson, International Monetary Fund
14:40 - 15:00 Coffee Break
Envisioning withdrawal of QE in the US
15:00 - 15:50     Did QE Unleash a Monetary Tsunami? An Exchange Market Pressure Approach, [paper] [slideshow]
     Ila Patnaik, NIPFP
15:50 - 16:20      Impact of QE upon EMs
     Rhys Mendes, Bank of Canada
16:20 - 17:10      Surges, [paper] [slideshow]
     Atish Rex Ghosh, International Monetary Fund
17:10 - 18:00      Discussion
     Sajjid Chinoy, J. P. Morgan [slideshow]
18:00 - 18:50      Floor Discussion

20:00 - 22:00 Dinner

8 September 2013

Too sensational: The problem of the rupee
09:30 - 10:00      The role of the NDF market
     Gangadhar Darbha, Nomura Securities
10:00 - 10:20      Recent policy actions on the rupee, [slideshow]
     Jayesh Mehta, Bank of America Merrill Lynch
10:20 - 10:50      Coffee Break
10:50 - 11:10      How might the rupee story play out, [slideshow]
     Ila Patnaik, NIPFP
11:10 - 11:40      Discussion,
     Subir Gokarn, Brookings India
11:40 - 12:40      Floor Discussion
12:40 - 13:40 Lunch
Reviving growth
13:40 - 14:10      Emerging markets after 2009, [slideshow]
     Joshua Felman, International Monetary Fund
14:10 - 14:40      Do weak institutions prolong the fall?, [paper] [slideshow]
     Richard Bluhm
14:40 - 15:10      Coffee Break
15:10 - 15:40      Disentangling India\92s investment slowdown, [slideshow]
     Thomas Richardson, International Monetary Fund
15:40 - 17:10      Discussion,
     Ajay Chibber, IEO
     K. P. Krishnan, DEA
     Ajay Shah, NIPFP

20:00 - 22:00

Dinner



10th Research Meeting of NIPFP-DEA Research Program

NIPFP-DEA-JIMF Conference, 12-13th December, 2012

'Darbar Mahal'
Neemrana Fort Palace
Rajasthan


12 December 2012

9:15 - 9:30 Welcome Address
9:30 - 10:30 Keynote Address
    Raghuram Rajan, Chief Economic Advisor, Department of Economic Affairs (by video from Delhi)
10:30 - 11:30      Macro-prudential policies to mitigate financial system vulnerabilities, [paper] [slideshow]
     Stijn Claessens, International Monetary Fund
         Discussant: Viral Acharya, Stern School of Business [slideshow]
11:30 - 12:00 Coffee
12:00 - 13:00      Why do emerging markets liberalize capital outflow controls? Fiscal versus net capital flows concerns, [paper] [slideshow]
     Gurnain Kaur Pasricha, Bank of Canada
         Discussant: Ila Patnaik, NIPFP [slideshow]
13:00 - 14:00 Lunch
14:00 - 15:00      The growth of a shadow banking system in emerging markets: Evidence from India, [paper] [slideshow]
     Viral Acharya, Stern School of Business
         Discussant: Stijn Claessens, International Monetary Fund [slideshow]
15:00 - 16:00      The financing and growth of firms in China and India: Evidence from capital markets, [paper] [slideshow]
     Sergio Schmukler, World Bank
         Discussant: Tarun Ramadorai, University of Oxford [slideshow]
16:00 - 16:30 Coffee
16:30 - 17:30      Impact of exchange rate movements on exports: An analysis of Indian non-financial sector firms, [paper] [slideshow]
     Yin-Wong Cheung, City University of Hong Kong
         Discussant: Joshua Aizenman, University of California, Santa Cruz [slideshow]
17:30 - 18:30      China\92s financial linkages with Asia and the global financial crisis, [paper] [slideshow]
     Reuven Glick, Federal Reserve Bank of San Francisco
         Discussant: Rajeswari Sengupta, The Institute for Financial Management and Research [slideshow]
20:00 - 21:30 Dinner

13 December 2012

09:30 - 10:30      The global financial crisis and Indian banks: Survival of the fittest?, [paper] [slideshow]
     Poonam Gupta, NIPFP
         Discussant: Giovanni Veronese, Bank of Italy [slideshow]
10:30 - 11:30      How do foreign investors impact domestic economic activity? Evidence from China and India, [paper] [slideshow]
     Christian T. Lundblad, The University of North Carolina
         Discussant: Robert N. McCauley, Bank for International Settlements [slideshow]
11:30 - 12:00 Coffee
12:00 - 13:00      The investment technology of foreign and domestic institutional investors in an emerging market, [paper] [slideshow]
     Ajay Shah, NIPFP
         Discussant:Tarun Ramadorai, University of Oxford
13:00 - 14:00 Lunch
14:00 - 15:00      Is China or India more financially open?, [paper] [slideshow]
     Robert N. McCauley, Bank for International Settlements
         Discussant: Joshua Felman, International Monetary Fund [slideshow]
15:00 - 15:30 Coffee
15:30 - 17:00 Policymakers Session
     Anup Wadhawan, Department of Economic Affairs
     K. P. Krishnan, Government of Karnataka [slideshow]
     Stijn Claessens, International Monetary Fund [slideshow]
17:00 - 18:00 Valedictory Address
     Arvind Mayaram, Secretary, Department of Economic Affairs
18:00 - 18:30 Coffee

20:00 - 21:30

Dinner


NIPFP Macro-DSGE Workshop, 2012

Conference Hall (Ground Floor), New Building, NIPFP, New Delhi

12 November 2012

9:30 - 10:30      Monetary policy and bank lending rates in low-income countries: Heterogeneous panel estimates
     Prachi Mishra, International Monetary Fund
         Discussant: Ila Patnaik, NIPFP

10:30 - 10:45 Coffee Break
10:45 - 11:45      Emerging economy business cycles and terms of trade shocks
     Madhavi Pundit, NIPFP
         Discussant: Jyoti Vig, Instiute of Economic Growth

11:45 - 12:00 Coffee Break
12:00 - 13:00      Are fiscal and monetary policies in India procyclical?
     Radhika Pandey, NIPFP
         Discussant: Prachi Mishra, International Monetary Fund

13:00 - 14:00 Lunch
14:00 - 15:00      Management of capital flows in India: 1990-2011
     Abhijit Sen Gupta, Asian Development Bank
         Discussant: Ajay Shah, NIPFP

15:00 - 15:15 Coffee Break
15:15 - 16:15      Credit constraints, productivity shocks and consumption volatility in emerging economies
     Rudrani Bhattacharya, NIPFP
         Discussant: Partha Chatterjee, Faculty of Management Studies, Delhi


9th Research Meeting of NIPFP-DEA Research Program

15-16th March, 2012

Magnolia Conference Room
India Habitat Centre
Lodhi Road
New Delhi.
The entry is from the IHC Gate number 3 on Vardhman Marg.


15 March 2012

9:00 - 9:30 Coffee with Snacks
9:30 - 10:15 Inaugural Session
    C. Rangarajan, Chairman, NIPFP
10:15 - 11:05      Capital flow waves: Surges, stops, flight, and retrenchment, [paper] [slideshow]
     Francis E. Warnock, University of Virginia
         Discussant: Joshua Aizenman, University of California, Santa Cruz [slideshow]

11:05 - 11:45      Recent trends in measures to manage capital flows in emerging economies, [paper] [slideshow]
     Gurnain Kaur Pasricha, Bank of Canada
         Discussant: Madhavi Pundit, NIPFP [slideshow]

11:45 - 12:00 Coffee
12:00 - 12:45      Capital flow types, external financing needs, and industrial growth: 99 countries, 1991-2007, [paper] [slideshow]
     Joshua Aizenman, University of California, Santa Cruz
         Discussant: Sergio Schmukler, World Bank [slideshow]

12:45 - 13:25      Trade productivity upgrading, trade fragmentation, and FDI in manufacturing: The Asian development experience, [paper] [slideshow]
     Nirvikar Singh, University of California, Santa Cruz
         Discussant: Rudrani Bhattacharya, NIPFP [slideshow]

13:25 - 14:10 Lunch
14:10 - 15:00      Improved measurement of exchange market pressure
     Ila Patnaik, NIPFP
         Discussant: Michael M. Hutchison, University of California, Santa Cruz

15:00 - 15:45      Emerging local currency bond markets, [paper] [slideshow]
     Veronica C. Warnock, University of Virginia
         Discussant: Rajeswari Sengupta, Institute for Financial Management and Research [slideshow]

15:45 - 16:00 Coffee
16:00 - 18:00 The view from the trenches
     Jayesh Mehta, Bank of America
     Jahangir Aziz, J P Morgan [slideshow]
         Discussant: K. P. Krishnan, EAC to PM

19:30 - 21:00 Dinner, at the 'Maple Room' at India Habitat Centre

16 March 2011

9:30 - 10:00 Coffee with Snacks
10:00 - 10:50      The role of FII, [slideshow]
     Ajay Shah, NIPFP
         Discussant: Tarun Ramadorai, University of Oxford [slideshow]

10:50 - 11:40      On the international transmission of shocks: Micro-evidence from mutual fund portfolios, [paper] [slideshow]
     Sergio Schmukler, World Bank
         Discussant: Ajay Shah, NIPFP [slideshow]

11:40 - 12:00 Coffee
12:00 - 12:50      How do regulators influence mortgage risk? Evidence from an emerging market, [paper] [slideshow]
     Tarun Ramadorai, University of Oxford
         Discussant: Vimal Balasubramaniam, NIPFP [slideshow]

12:50 - 13:40      Impact of macroeconomic surprises on carry trade activity, [paper] [slideshow]
     Michael M. Hutchison, University of California, Santa Cruz
         Discussant: Ilan Noy, Victoria University [slideshow]

13:40 - 14:30 Lunch
14:30 - 15:20      Fire-sale FDI? The impact of financial crises on foreign direct investment, [paper] [slideshow]
     Ilan Noy, Victoria University
         Discussant: Veronica C. Warnock, University of Virginia [slideshow]

15:20 - 16:10      What is the risk of European sovereign debt defaults? Fiscal space, CDS spreads and market pricing of risk, [paper] [slideshow]
     Yothin Jinjarak, University of London
         Discussant: Riccardo Cristadoro, Bank of Italy [slideshow]

16:10 - 16:25 Coffee
16:25 - 17:15      Long-run bulls and bears, [slideshow]
     Rui Albuquerque, Boston University and Catholic University of Portugal
         Discussant: Francis E. Warnock, University of Virginia

17:15 - 18:00      Monetary policy in India: Is something amiss?, [paper] [slideshow]
     Riccardo Cristadoro, Bank of Italy
         Discussant: Abhishek Gupta, NIPFP [slideshow]

19:30 - 21:00 Dinner, at the 'Maple Room' at India Habitat Centre


8th Research Meeting of NIPFP-DEA Research Program

15-16th March, 2011

Amaltas Conference Room
India Habitat Centre
Lodhi Road
New Delhi.
The entry is from the IHC Gate number 3 on Vardhman Marg.


15 March 2011

9:00 - 9:30 Coffee with Snacks
9:30 - 10:30 Inaugural Session
    C. Rangarajan, Chairman, NIPFP
    Kaushik Basu, DEA
Chairman,
10:30 - 11:20      Foreign investors under stress, [slideshow]
     Nirvikar Singh, University of California, Santa Cruz
         Discussant: Tarun Ramadorai, University of Oxford [slideshow]

11:20 - 12:10      Finance and poverty: Evidence from India, [slideshow]
     Thorsten Beck, Tilburg University
         Discussant: Ajay Shah, NIPFP

12:10 - 12:25 Coffee
12:25 - 13:15      Has India Emerged? Business Cycle Stylized Facts from a Transitioning Economy, [slideshow]
     Radhika Pandey, NIPFP
         Discussant: Abhijit V. Banerjee, MIT [slideshow]

13:15 - 14:00 Lunch
Chairman,
14:00 - 14:50      Exchange market pressure and absorption by international reserves: Emerging markets and fear of reserve loss during the 2008-09 crisis, [paper] [slideshow]
     Michael M. Hutchison, University of California, Santa Cruz
         Discussant: Ila Patnaik, NIPFP [slideshow]

14:50 - 15:40      The miracle of microfinance? Evidence from a randomized evaluation, [paper] [slideshow]
     Abhijit V. Banerjee, MIT
         Discussant: Thorsten Beck, Tilburg University [slideshow]

15:40 - 16:00 Coffee
16:00 - 18:00 Practitioner Session
Chairman, Ashok Chawla

     Foreign investment in rupee denominated bonds,
     Jayesh Mehta, Bank of America

     Looking beyond the FII framework, [slideshow]
     Sanjiv Shah, Benchmark Asset Management Company

     The ODI market,
     Manmohan Singh, IMF

     The bond market : Where did we go wrong, [slideshow]
     Manish Sabharwal

         Discussant: Ajay Shah, NIPFP

19:30 - 21:00 Dinner, at the 'Maple Room' at India Habitat Centre

16 March 2011

9:00 - 9:30 Coffee with Snacks
Chairman, Shekhar Shah, World Bank
9:30 - 10:20      Financial development and globalisation in emerging markets, [slideshow]
     Sergio Schmukler, World Bank
         Discussant: Sanjaya Panth, IMF [slideshow]

10:20 - 11:10      Creating an integrated market by 2015: Capital account liberalization in ASEAN,
     Shinji Takagi, Osaka University
         Discussant: Ulrich Bartsch, World Bank [slideshow]

11:10 - 11:25 Coffee
11:25 - 12:15      Surfing the waves of globalization: Asia and financial globalization in the context of the trilemma, [paper] [slideshow]
     Joshua Aizenman, University of California, Santa Cruz
         Discussant: Sergio Schmukler, World Bank [slideshow]

12:15 - 13:00      Does one size fit all? The consequences of switching markets with different regulatory standards, [paper] [slideshow]
     Tarun Ramadorai, University of Oxford
         Discussant: Shubho Roy, NIPFP [slideshow]

13:00 - 13:45 Lunch
Chairman, Ashok Desai
13:45 - 14:35      Does capital scarcity matter?, [paper] [slideshow]
     Anusha Chari, University of North Carolina
         Discussant: Michael M. Hutchison, University of California, Santa Cruz [slideshow]

14:35 - 15:25      Who cares about the Chinese yuan?, [paper] [slideshow]
     Vimal Balasubramaniam, NIPFP
         Discussant: Joshua Aizenman, University of California, Santa Cruz [slideshow]

15:25 - 15:40 Coffee
15:40 - 18:00 Policymakers Roundtable
Chairman, R. Gopalan, DEA

     The Beijing consensus, the Delhi discord and other myths,
     Sean Dougherty, OECD

     There be dragons,
     Sajjid Chinoy, J P Morgan

     Did the Indian capital controls work?, [slideshow]
     Ila Patnaik, NIPFP

         Discussant: Kalpana Kochhar, World Bank
         Discussant: K. P. Krishnan, EAC to PM

19:30 - 21:00 Dinner, at the 'Maple Room' at India Habitat Centre


Business Cycle Facts and DSGE Model for India, 2011

Conference Room (First Floor), Old Building, NIPFP
31 January 2011

10:00      CES Technology and Business Cycle Fluctuations, [slideshow]
     Cristiano Cantore, University of Surrey

11:15      Changing Stylised Facts of Business Cycles in India, [slideshow]
     Radhika Pandey, NIPFP

12:30      An Estimated DSGE Open-Economy Model of the Indian Economy with Financial Frictions, [slideshow]
     Bo Yang, University of Surrey

13:30      Lunch

NIPFP Macroeconomics Symposium, 2010

Auditorium NIPFP
14 September 2010

10:00      India's inflation problem: Not only a measurement issue?, [slideshow]
     Giovanni Veronese, Bank of Itlay

10:30      Tracking Indian growth in real time, [paper] [slideshow]
     Radhika Pandey, NIPFP

11:00      Leading indicators to the Indian business cycle, [slideshow]
     Sonal Varma, Nomura

11:30      Better macroeconomic measurement using micro datasets
     Mahesh Vyas, CMIE

12:00      Discussion
     Sanjaya Panth, IMF
     K. P. Krishnan, EAC to PM
     T. C. A. Anant, Chief Statistician

13:00      Lunch

7th Research Meeting of NIPFP-DEA Research Program

31st August and 1st September, 2010

Magnolia Conference Room
India Habitat Centre
Lodhi Road
New Delhi.
The entry is from the IHC Gate number 3.

31 August 2010

9:00 - 9:30 Coffee with Snacks
9:30 - 10:30 Inaugural Session
    C. Rangarajan, Chairman, NIPFP
    Kaushik Basu, DEA
Chairman, Kaushik Basu, DEA
10:30 - 11:20      Trading activity of foreign institutional investors and volatility, [paper] [slideshow]
     Ravi Anshuman, IIMB
         Discussant: Tarun Ramadorai, University of Oxford [slideshow]

11:20 - 12:10      Multinational corporations and crisis transmission, [paper] [slideshow]
     Ajay Shah, NIPFP
         Discussant: James Yetman, Bank for International Settlements [slideshow]

12:10 - 12:25 Coffee
12:25 - 13:15      Trade Credit and International Stock Return Co-movement, [paper] [slideshow]
     Tarun Ramadorai, University of Oxford
         Discussant: Michael Plummer, Johns Hopkins University [slideshow]

13:15 - 14:00 Lunch
Chairman,
14:00 - 14:50      Capital market integration and wages, [paper] [slideshow]
     Anusha Chari, University of North Carolina, Chapel Hill
         Discussant: Ulrich Bartsch, World Bank [slideshow]

14:50 - 15:40      Regional monitoring of capital flows and coordination of financial regulation: Stakes and options for Asia, [paper] [slideshow]
     Michael Plummer, Johns Hopkins University
         Discussant: Chong En Bai, Tsinghua University [slideshow]

15:40 - 16:00 Coffee
16:00 - 18:00 Practitioner Session
Chairman, Thomas Mathew, Ministry of Finance

     The Standard Chartered IDR,
     Neeraj Swaroop, Standard Chartered Bank

     The internationalisation of Indian and Asian firms,
     Alok Kshirsagar, McKinsey & Company

     The experience of Reliance with internationalisation,
     Alok Agarwal, Reliance Industries

19:30 - 21:00 Dinner, at the 'Maple Room' at India Habitat Centre

1 September 2010

9:00 - 9:30 Coffee with Snacks
Chairman, Suman Bery, NCAER
9:30 - 10:20      State ownership and systemic risk: Evidence from the Indian financial sector during 2007-09, [paper] [slideshow]
     Viral Acharya, Stern School of Business, New York University
         Discussant: Giovanni Veronese, Bank of Itlay [slideshow]

10:20 - 11:00      Financial crises and international portfolio dynamics, [paper] [slideshow]
     Sergio Schmukler, World Bank
         Discussant: Ajay Shah, NIPFP [slideshow]

11:00 - 11:15 Coffee
11:15 - 12:05      Factor income distribution: The story behind the statistics, [paper] [slideshow]
     Chong En Bai, Tsinghua University
         Discussant: Nirvikar Singh, University of California, Santa Cruz [slideshow]

12:05 - 12:50      Financial contagion and vulnerability of Asian financial markets, [paper]
     James Yetman, Bank for International Settlements
         Discussant: Rajesh Chakrabarti, ISB [slideshow]

12:50 - 13:35 Lunch
Chairman,
13:35 - 14:15      Do multinationals pay lower taxes?
     Ila Patnaik, NIPFP
         Discussant: Sergio Schmukler, World Bank

14:15 - 15:05      Bank ownership and the effects of financial liberalization: Evidence from India, [slideshow]
     Poonam Gupta, ICRIER
         Discussant: Viral Acharya, Stern School of Business, New York University [slideshow]

15:05 - 15:45      India?s trilemma: Financial liberalization, exchange rates and monetary policy , [paper] [slideshow]
     Nirvikar Singh, University of California, Santa Cruz
         Discussant: Vimal Balasubramaniam, NIPFP [slideshow]

15:45 - 16:00 Coffee
16:00 - 18:00 Policymakers Roundtable
Chairman, Montek Singh Ahluwalia, Deputy Chairman, Planning Commission

     The MOF Working Group on foreign investment flows, [slideshow]
     U K Sinha, UTI

     The structural reforms that matter, [slideshow]
     Sean Dougherty, OECD
19:30 - 21:00 Dinner, at the 'Maple Room' at India Habitat Centre


6th Research Meeting of NIPFP-DEA Research Program

9-10 March, 2010

Amaltas Conference Room
India Habitat Centre
Lodhi Road
New Delhi.
The entry is from the IHC Gate number 3.

9 March 2010

9:00 - 9:30 Coffee with Snacks
9:30 - 10:00 Inaugural Session
    C. Rangarajan, Chairman, NIPFP
Chairman, Kaushik Basu, DEA
10:00 - 10:50      Capital inflows: The role of controls, [paper] [slideshow]
     Atish Ghosh, IMF
         Discussant: Giovanni Veronese, Bank of Italy [slideshow]

10:50 - 11:40      Domestic investment by firms who expand overseas, [paper] [slideshow]
     Ila Patnaik, NIPFP
         Discussant: Aradhna Aggarwal, University of Delhi [slideshow]

11:40 - 12:00 Coffee
12:00 - 12:45      Productivity and outbound FDI in software services: A reversal of the HMY model, [paper] [slideshow]
     Rudrani Bhattacharya, NIPFP
         Discussant: Vani Archana,

12:45 - 13:30      Monetary regime switches in India: Policy or structure?, [paper] [slideshow]
     Nirvikar Singh, University of California, Santa Cruz
         Discussant: Ila Patnaik, NIPFP [slideshow]

13:30 - 14:15 Lunch
Chairman, Suman Bery, NCAER
14:15 - 15:00      The global financial crisis: Explaining cross-country differences in the output impact, [paper] [slideshow]
     James P. Walsh, IMF
         Discussant: Abhijit Sen Gupta, JNU [slideshow]

15:00 - 15:45      What are the effects of fiscal policy shocks in India?, [paper] [slideshow]
     Roberto Guimaraes, IMF
         Discussant: M. Govinda Rao, NIPFP

15:45 - 16:00 Coffee
16:00 - 18:00 Practitioner Session
Chairman, C. B. Bhave, SEBI

     Algorithmic trading in the crisis, [slideshow]
     Gangadhar Darbha, Royal Bank of Scotland

     EM-DM differentiation in the post Lehman era, [slideshow]
     Hari Hariharan, New World Investments

     Private equity and venture capital in India: What comes next?, [slideshow]
     Sudhir Sethi, IDG Ventures India Advisors

19:30 - 21:00 Dinner, at the 'Maple Room' at India Habitat Centre

10 March 2010

9:00 - 9:30 Coffee with Snacks
Chairman, Subir Gokarn, RBI
9:30 - 10:20      Bank involvement with SMEs: Beyond relationship lending, [paper] [slideshow]
     Sergio Schmukler, World Bank
         Discussant: Ajay Shah, NIPFP [slideshow]

10:20 - 11:00      Inclusive, balanced, sustained growth in the Asia-Pacific, [paper] [slideshow]
     Wendy Dobson, University of Toronto
         Discussant: Ulrich Bartsch, World Bank

11:00 - 11:15 Coffee
11:15 - 12:05      Securities markets and foreign investors in the aftermath of a corporate scandal: Evidence from the Satyam episode,
     Ajay Shah, NIPFP
         Discussant: Sergio Schmukler, World Bank [slideshow]

12:05 - 12:50      Reforming China?s monetary policy framework, [paper] [slideshow]
     Richard Herd, OECD
         Discussant: Vivek Moorthy, IIMB

12:50 - 13:35 Lunch
Chairman, R. Gopalan, DFS
13:35 - 14:15      Dollar debt of firms and dollar reserves of central bank: A case of moral hazard?, [paper] [slideshow]
     Rajeswari Sengupta, University of California, Santa Cruz
         Discussant: Roberto Guimaraes, IMF [slideshow]

14:15 - 15:05      A new global database on the de facto exchange rate regime, [paper] [slideshow]
     Ila Patnaik, NIPFP
         Discussant: Atish Ghosh, IMF

15:05 - 15:45      Estimation of value at risk for the Indian capital market: Filtered historical simulation approach using GARCH model with suitable mean specification, [paper] [slideshow]
     Indrajit Roy, RBI

15:45 - 16:00 Coffee
16:00 - 18:00 Policymakers Roundtable
Chairman, Ashok Chawla, DEA

     Unwinding fiscal and monetary stimuli, [slideshow]
     Jahangir Aziz, J P Morgan

     Current thinking in the Ministry of Finance on financial reforms, [slideshow]
     K. P. Krishnan, DEA
19:30 - 21:00 Dinner, at the 'Maple Room' at India Habitat Centre


5th Research Meeting of NIPFP-DEA Research Program

16-17 September, 2009

Magnolia Conference Room
India Habitat Centre
Lodhi Road
New Delhi
The entry is from the IHC Gate number 3

16 September 2009

9:00 - 9:30 Coffee with Snacks
9:30 - 10:15 Inaugural Session
    C. Rangarajan, Chairman, NIPFP
    Montek Singh Ahluwalia, Deputy Chairman, Planning Commission
Chairman, Arvind Virmani, DEA
10:15 - 11:00      Cross-Border Capital Flows and the Financial Crisis, [slideshow]
     Gian Maria Milesi-Ferretti, IMF
         Discussant: Michael M. Hutchison, University of California, Santa Cruz [slideshow]

11:00 - 11:45      Asset Fire Sales and Purchases and the International Transmission of Funding Shocks, [paper] [slideshow]
     Tarun Ramadorai, Oxford University
         Discussant: Viral Acharya, Stern School of Business, New York University [slideshow]

11:45 - 12:30      Technology adoption and production organisation in India, [paper] [slideshow]
     Sourafel Girma, Nottingham University Business School
         Discussant: Rudrani Bhattacharya, NIPFP [slideshow]

12:30 - 13:05 Lunch
Chairman, Shankar Acharya, ICRIER
13:05 - 13:55      Have China and India decoupled?, [paper] [slideshow]
     Jarko Fidrmuc, Munich Graduate School of Economics
         Discussant: Radhika Pandey, NIPFP [slideshow]

13:55 - 14:40      Multinationals and the effectiveness of capital controls, [paper] [slideshow]
     Ajay Shah, NIPFP
         Discussant: Sanjaya Panth, IMF [slideshow]

14:40 - 15:25      Central bank preventing appreciation vs. preventing depreciation, [paper] [slideshow]
     Matthieu Stigler, Federal Department of Economic Affairs, Switzerland
         Discussant: Gian Maria Milesi-Ferretti, IMF [slideshow]

15:25 - 15:40 Coffee
Chairman, Roberto Zagha, World Bank
15:40 - 16:30      The costs and benefits of informalisation in a two-sector new Keynesian model, [paper] [slideshow]
     Paul Levine, University of Surrey
         Discussant: Annabelle Mourougane, OECD [slideshow]

16:30 - 17:20      Crisis vulnerability of Indian corporations, [slideshow]
     Hiroko Oura, IMF
         Discussant: V Ravi Anshuman, IIM, Bangalore [slideshow]

17:20 - 18:00      Outbound FDI by Indian software firms, [paper] [slideshow]
     Rudrani Bhattacharya, NIPFP
         Discussant: Sourafel Girma, Nottingham University Business School [slideshow]

19:30 - 21:00 Dinner, at the 'Maple Room' at India Habitat Centre

17 September 2009

9:00 - 9:30 Coffee with Snacks
Chairman, Sanjaya Panth, IMF
9:30 - 10:20      Transmission of the subprime crisis to emerging markets, [paper] [slideshow]
     Michael M. Hutchison, University of California, Santa Cruz
         Discussant: Hiroko Oura, IMF [slideshow]

10:20 - 11:10      The long and short of emerging market debt, [paper] [slideshow]
     Sergio Schmukler, World Bank
         Discussant: Raimundo Soto, Pontificia Universidad Cat?lica de Chile [slideshow]

Chairman,
11:10 - 11:55      The effects of fiscal policy on output and debt sustainability, [paper] [slideshow]
     Annabelle Mourougane, OECD
         Discussant: Paul Levine, University of Surrey [slideshow]

11:55 - 12:40      Tracking Indian Growth in Real Time, [slideshow]
     Giovanni Veronese, Bank of Italy
         Discussant: Sudipto Mundle, NIPFP

12:40 - 13:20 Lunch
Chairman, Sudipto Mundle, NIPFP
13:20 - 14:10      What has happened with exchange rate regimes in Asia?, [paper] [slideshow]
     Ila Patnaik, NIPFP
         Discussant: Sergio Schmukler, World Bank [slideshow]

14:10 - 15:00      The impact of capital inflows on asset prices in emerging Asia, [paper] [slideshow]
     Soyoung Kim, Seoul National University
         Discussant: Sajjid Chinoy [slideshow]

15:00 - 15:20 Coffee
15:20 - 18:00 New Thinking on Policy
Chairman, Vijay Kelkar, Thirteenth Finance Commission
15:20 - 15:40      Lessons for emerging markets from the crisis, [paper] [slideshow]
     Pankaj Kumar & Binod Bhoi, RBI
15:40 - 16:00      Financial stability thinking in emerging markets, [paper] [slideshow]
     Michael Pomerleano, Bank of Israel
16:00 - 16:20      A good immune system for facing macroeconomic shocks: experiences from Latin America, [slideshow]
     Raimundo Soto, Pontificia Universidad Cat?lica de Chile
16:20 - 16:40      Policy issues with derivatives in India, [slideshow]
     Viral Acharya, Stern School of Business, New York University
16:40 - 17:00      Discussion,
     Jayanth R. Varma, IIM, Ahmedabad
17:00 - 17:20      Discussion,
     K. P. Krishnan, DEA
17:20 - 18:00      Floor Discussion
19:30 - 21:00 Dinner, at the 'Willow Room' at India Habitat Centre


4th Research Meeting of NIPFP-DEA Research Program

24-25 March, 2009

Amaltas Conference Room
India Habitat Centre
Lodhi Road
New Delhi.
The entry is from the IHC Gate number 3.

24 March 2009

9:00 AM Coffee with Snacks
9:30 - 10:30 Chairman: Isher J. Ahluwalia, ICRIER

     Rebalancing growth in Asia, [paper] [slideshow]
     Eswar Prasad, Cornell University
     Montek Singh Ahluwalia, Planning Commission
10:30 - 10:50 Coffee
10:50 - 13:30 Chairman: Isher J. Ahluwalia, ICRIER

     Unexploited gains from international diversification, [paper] [slideshow]
     Sergio Schmukler, World Bank
         Discussant: Tarun Ramadorai, University of Oxford [slideshow]

     Implications of the choice of exchange rate regime, [paper] [slideshow]
     Atish Ghosh, IMF
         Discussant: Russell A. Green, U.S. Treasury Deptt. [slideshow]

     Corporate choice for overseas borrowings: The Indian Evidence, [paper] [slideshow]
     Bhupal Singh, RBI
         Discussant: P. V. Viswanath, Pace University [slideshow]

13:30 - 14:30 Lunch
14:30 - 15:30      Eurocoin: Tracking growth in realtime, [paper] [slideshow]
     Giovanni Veronese, Bank of Italy
         Discussant: Sanjaya Panth, IMF [slideshow]

15:30 - 16:00 Coffee
16:00 - 18:00 Tales from the trenches: What practitioners see
Chairman: Ashok Chawla, DEA

     The currency futures market, [slideshow]
     Ravi Narain, National Stock Exchange

     The outlook for private equity flows and FDI, [slideshow]
     Vishal Nevatia, India Value Fund Associates

     The environment for borrowing abroad by Indian companies, [slideshow]
     Rajeev Ahuja, Citibank

     The environment for borrowing abroad by Indian companies, [slideshow]
     K. Venkataraman, State Bank of India

19:30 - 21:00 Dinner, at the `Maple Room' at India Habitat Centre

25 March 2009

8:30 AM Coffee with Snacks
9:00 - 10:40 Chairman: Shekhar Shah, World Bank

     Determinants of aggregate and bilateral trade flows and firms' decision to export, [paper] [slideshow]
     T. N. Srinivasan, Yale University
         Discussant: Sushanta Mallick, Queen Mary, University of London [slideshow]

     Graduating to globalisation: A study of Southern multinationals, [paper] [slideshow]
     Ila Patnaik, NIPFP
         Discussant: T. N. Srinivasan, Yale University [slideshow]

10:40 - 11:10 Coffee
11:10 - 12:00      Export intensity and financial policies of Indian firms, [paper] [slideshow]
     P. V. Viswanath, Pace University
         Discussant: Anmol Sethy, NIPFP [slideshow]

12:00 - 12:50      Pricing to market in India's exports: The role of market heterogeneity and product differentiation, [paper] [slideshow]
     Sushanta Mallick, Queen Mary, University of London
         Discussant: Rudrani Bhattacharya, NIPFP [slideshow]

12:50-13:50 Lunch
13:50 - 14:40      Exploring the pricing of Indian ADRs, [slideshow]
     Ajay Shah / Matthieu Stigler, NIPFP
         Discussant: Sergio Schmukler, World Bank

14:40 - 15:10 Coffee
15:10 - 16:00 Chairman: Arvind Virmani, DEA

     India's business cycle synchronisation, [paper] [slideshow]
     Ila Patnaik, NIPFP
         Discussant: Giovanni Veronese, Bank of Italy [slideshow]

16:00 - 16:30 Coffee
16:30 - 18:30 Policy Roundtable
Chairman: Vijay Kelkar, Thirteenth Finance Commission

     Emerging markets in the global crisis, [slideshow]
     Sergio Schmukler, World Bank

     India in the global crisis, [slideshow]
     Ajay Shah, NIPFP

     Structural reform in the OECD in a time of crisis,
     Sean Dougherty, OECD
19:30 - 21:00 Dinner, at the `Maple Room' at India Habitat Centre


3rd Research Meeting of NIPFP-DEA Research Program

30 September and 1 October, 2008

Amaltas Conference Room
India Habitat Centre
Lodhi Road
New Delhi.
The entry is from the IHC Gate number 3.

30 September 2008

8:30 - 9:00 Coffee
9:00 - 10:00 Inaugural
    C. Rangarajan, Chairman, NIPFP
    Ashok Chawla, Secretary, DEA
    C. B. Bhave, Chairman, Securities and Exchanges Board of India
10:00 - 10:30 Coffee
10:30 - 12:45 Macroeconomics
Chairman: Arvind Virmani, DEA

     Inflation targeting and real exchange rates in emerging markets, [paper] [slideshow]
     Michael Hutchison, UC Santa Cruz
         Discussant: Vincent Koen, OECD [slideshow]

     East Asian experiences with capital flows, [paper] [slideshow]
     Masahiro Kawai, ADB Institute
         Discussant: Jahangir Aziz, DEA [slideshow]

     Financial exchange rates and international currency exposures, [paper] [slideshow]
     Philip Lane, Trinity College, Dublin
         Discussant: Michael Hutchison, UC Santa Cruz [slideshow]

12:45-13:45 Lunch
14:00 - 15:30 International economics
Chairman: K. P. Krishnan, DEA

     Does openness to international financial flows contribute to productivity growth?, [paper] [slideshow]
     Eswar Prasad, Cornell University, Brookings Institution and NBER
         Discussant: Sourafel Girma, Nottingham Business School [slideshow]

     Fuller capital account opening in China and India: Mind the gap, [paper] [slideshow]
     Robert McCauley, BIS
         Discussant: Masahiro Kawai, ADB Institute

15:30 - 16:00 Coffee
16:00 - 18:15 International finance
Chairman: TBA

     Trade misinvoicing: A channel for de facto capital account openness, [paper] [slideshow]
     Abhijit Sen Gupta, ICRIER
         Discussant: Eswar Prasad, Cornell University, Brookings Institution and NBER

     The value of control in emerging markets, [paper] [slideshow]
     Anusha Chari, University of North Carolina, Chapel Hill
         Discussant: Ajay Shah, NIPFP [slideshow]

     Patterns of international capital raisings, [paper] [slideshow]
     Sergio Schmukler, World Bank.
         Discussant: Nirvikar Singh, UC Santa Cruz

7:30 - 9:00 Dinner, at the `Maple Room' at India Habitat Centre

1 October 2008

8:30 - 9:00 Coffee
9:00 - 11:30 India - I
Chairman: Shekhar Shah, World Bank

     Domestic investment by firms who expand overseas, [slideshow]
     Sourafel Girma, Nottingham Business School
         Discussant: Anusha Chari, University of North Carolina, Chapel Hill

     Indian capital control liberalisation: Estimates from NDF market, [paper] [slideshow]
     Nirvikar Singh, UC Santa Cruz
         Discussant: Ajay Shah and Matthieu Stigler, NIPFP [slideshow]

     Investment choices by foreign and domestic institutional investors, [paper] [slideshow]
     Ila Patnaik, NIPFP
         Discussant: Robert McCauley, BIS [slideshow]

11:30 - 12:00 Coffee
12:00 - 13:00 India - II
Chairman: Jahangir Aziz, DEA

     Indian Rupee Market Intervention: Managing Volatility or Inducing Additional Capital Inflows?, [paper] [slideshow]
     Hiroko Oura, IMF
         Discussant: Ila Patnaik, NIPFP [slideshow]

13:00 - 14:00 Lunch
14:00 - 15:30 India - III
Chairman: Suman Bery, NCAER

     Movement of trade balance and exchange rate sensitivity of industry trade flows, [paper] [slideshow]
     Rajarshi Mitra, University of Wisconsin, Milwaukee
         Discussant: S. Madhur, ADB

     One way bets on pegged exchange rates, [paper] [slideshow]
     Ajay Shah, NIPFP
         Discussant: Sergio Schmukler, World Bank [slideshow]

15:30 - 16:00 Coffee
16:00 - 18:30 Practitioner session
Chairman: Sindushree Khullar, DEA

     Legal contradictions of the FII framework, [slideshow]
     Somasekhar Sundaresan, J. Sagar Associates

     The global market for Indian equities, [slideshow]
     Gautam Chand, Instanex

     The global market for derivatives on Indian underlyings,
     Sayee Srinivasan, Chicago Mercantile Exchange
7:30 - 9:00 Dinner, at the `Maple Room' at India Habitat Centre


2nd Research Meeting of NIPFP-DEA Research Program

27-28 March 2008

Maple Room
India Habitat Centre
Lodhi Road
New Delhi.
The entry is from the IHC Gate number 3.

Photographs from the meeting. If you click on any of the images, you get the fullres underlying file.

27 March 2008

9:00 - 9:20 Coffee and snacks
9:20 - 9:30 Welcome
9:30 - 12:30 Session on "Capital controls"
Chairman: Arvind Virmani, Ministry of Finance

     Capital controls and international financial integration, [paper] [slideshow]
     Sergio Schmukler, World Bank
         Discussant: Ajay Shah, NIPFP [slideshow]

     Do capital controls foster exchange rate stability?, [paper] [slideshow]
     Michael Hutchison, UC Santa Cruz
         Discussant: Atish Ghosh, IMF

     Policy responses to capital flows, [paper] [slideshow]
     Juan Fernando Zalduendo, IMF
         Discussant: Abhijit Sen Gupta, ICRIER [slideshow]

12:30-13:30 Lunch
13:30 - 15:30 Session on "India's capital controls"
Chairman: Subir Gokarn, Standard and Poors

     One way bets on pegged exchange rates, [paper] [slideshow]
     Ila Patnaik, NIPFP
         Discussant: Michael Hutchison, UC Santa Cruz [slideshow]

     India's capital controls,
     Nirvikar Singh, UC Santa Cruz [slideshow]
         Discussant: Sergio Schmukler, World Bank. [slideshow]

16:00 - 18:00 Session on "Exchange rates"
Chairman: Suman Bery, NCAER

     Exchange rate pass-through, [paper] [slideshow]
     Rudrani Bhattacharya, NIPFP
         Discussant: Mandira Sarma, ICRIER

     Choice of exchange rate regime, [paper] [slideshow]
     Atish Ghosh, IMF
         Discussant: Ila Patnaik, NIPFP [slideshow]

19:00-21:00 Cocktails followed by dinner.

28 March 2008

9:30 - 10:00 Coffee and snacks
10:00 - 13:30 Session on "Internationalisation of firms"
Chairman: Sindhushree Khullar, Ministry of Finance

     Outbound FDI from India, [slideshow]
     Jaya Prakash Pradhan, ISID, New Delhi

     Is emerging market money smart?, [paper] [slideshow]
     Anusha Chari, University of Michigan
         Discussant: Nirvikar Singh, UC Santa Cruz [comments]

     Graduating to globalisation, [paper] [slideshow]
     Dilek Demirbas, Newcastle Business School.
         Discussant: Shubhashis Gangopadhyay, Ministry of Finance

     What makes home bias abate?, [paper] [slideshow]
     Ajay Shah, NIPFP
         Discussant: Anusha Chari, University of Michigan. [slideshow]

13:30-14:30 Lunch
14:30 - 17:30 Session on "Tales from the trenches: What practitioners see"
Chairman: K. P. Krishnan, Ministry of Finance

     Foreign capital for SMEs, [slideshow]
     Vipul Dalal, Elara Capital

     Implications of capital controls for domestic capital markets, [slideshow]
     Jayesh Mehta, DSP Merill Lynch

     Internationalisation of trading,
     Ravi Narain, National Stock Exchange

19:00-21:00 Cocktails followed by dinner. This is at the poolside.


1st Research Meeting of NIPFP-DEA Research Program

4-5 December 2007

Photographs from the meeting. If you click on any of the images, you get the fullres underlying file.

4 December 2007

Venue: NIPFP, except for dinner.

10:00-10:45 Inaugural session
     Welcome address, M. Govinda Rao, NIPFP.
     Inaugural address, C. Rangarajan, Chairman, EAC to the Prime Minister
     Introductory remarks, Sindhushree Khullar, Ministry of Finance.
10:45-11:00 Coffee
11:00-13:15 Session on "Exchange rate regimes and capital controls"
Chairman: Percy Mistry, Oxford International Group

     Structural change and exchange rate regimes, [paper], [slideshow],
     Achim Zeileis, Vienna University of Economics and Business Administration
         Discussant: Ramkishen Rajan, George Mason University, [slideshow]

     Exchange rate regimes and unhedged currency exposure, [paper], [slideshow]
     Ila Patnaik, NIPFP
         Discussant: Barry Eichengreen, UC Berkeley, [slideshow]

     De facto convertibility, [paper], [slideshow]
     Gurnain Pasricha, UC Santa Cruz
         Discussant: Sergio Schmukler, World Bank, [slideshow]
13:15-14:15 Lunch
14:15-15:45 Session on "Internationalisation of shareholding"
Chairman: K. P. Krishnan, Ministry of Finance

     Which firms from which countries go global?, [paper], [slideshow]
     Sergio Schmukler, World Bank
         Discussant: Rajesh Chakrabarti, ISB, [slideshow]

     Foreign ownership of Indian firms, [paper], [slideshow]
     Ajay Shah, NIPFP
         Discussant: Jayanth Varma, IIM, Ahmedabad

16:00-17:30 Session on "Monetary policy in China and India"
Chairman: R. C. Srinivasan, Ministry of Finance

     Exchange rate pass-through in India, [paper], [slideshow]
     Ramkishen Rajan, George Mason University
         Discussant: Rudrani Bhattacharya, NIPFP

     The Chinese macroeconomic policy framework, [paper], [slideshow]
     Eswar Prasad, Cornell University
         Discussant: Ila Patnaik, NIPFP [slideshow]

19:30-20:30 Distinguished speaker: Barry Eichengreen, U. California, Berkeley
Chairman: Montek Ahluwalia, Planning Commission.
"The cautious case for capital flows", [paper],
followed by dinner. Venue: Assocham Hall which is 47, Prithviraj Road.

5 December 2007

Venue: NIPFP.

9:30-10:00Coffee
10:00-13:00 Session on "Capital controls and capital flows"
Chairman: Suman Bery, NCAER

    Private equity, Sanjeev Sanyal, Deutsche Bank, [slideshow]
    Participatory notes, Dominique Dwor-Frecaut, ABN Amro, [slideshow]
    Participatory notes / ODIs, Jayanth Varma, IIM, Ahmedabad, [slideshow]
    The NDF market, Rajesh Chakrabarti, ISB, [slideshow], [note]
    Capital controls: a free lunch?, Josh Felman, IMF [slideshow]
    Capital flows in Asia, Rob Subbaraman, Lehman Brothers, [slideshow]
13:00-14:00 Lunch