Mihir Rakshit
Encyclopedia
Mihir Kanti Rakshit is a city in southeastern Bangladesh and the capital of an eponymous district and division. Built on the banks of the Karnaphuli River, the city is home to Bangladesh's busiest seaport and has a population of over 4.5 million, making it the second largest city in the country.A trading...

, Bangladesh
Bangladesh
Bangladesh , officially the People's Republic of Bangladesh is a sovereign state located in South Asia. It is bordered by India on all sides except for a small border with Burma to the far southeast and by the Bay of Bengal to the south...

), is one of India's most prominent Keynesian
Keynesian economics
Keynesian economics is a school of macroeconomic thought based on the ideas of 20th-century English economist John Maynard Keynes.Keynesian economics argues that private sector decisions sometimes lead to inefficient macroeconomic outcomes and, therefore, advocates active policy responses by the...

 macroeconomists.

Education and Teaching Career

Rakshit graduated with a B.A.
Bachelor of Arts
A Bachelor of Arts , from the Latin artium baccalaureus, is a bachelor's degree awarded for an undergraduate course or program in either the liberal arts, the sciences, or both...

 in economics from Presidency College, Calcutta, where he was to later spend most of his career. He completed his M.A.
Master of Arts (postgraduate)
A Master of Arts from the Latin Magister Artium, is a type of Master's degree awarded by universities in many countries. The M.A. is usually contrasted with the M.S. or M.Sc. degrees...

 from the University of Calcutta
University of Calcutta
The University of Calcutta is a public university located in the city of Kolkata , India, founded on 24 January 1857...

 and was appointed a Reader
Reader (academic rank)
The title of Reader in the United Kingdom and some universities in the Commonwealth nations like Australia and New Zealand denotes an appointment for a senior academic with a distinguished international reputation in research or scholarship...

 in the Economics Department at the University of Burdwan. He then went to pursue his PhD
PHD
PHD may refer to:*Ph.D., a doctorate of philosophy*Ph.D. , a 1980s British group*PHD finger, a protein sequence*PHD Mountain Software, an outdoor clothing and equipment company*PhD Docbook renderer, an XML renderer...

 at the London School of Economics
London School of Economics
The London School of Economics and Political Science is a public research university specialised in the social sciences located in London, United Kingdom, and a constituent college of the federal University of London...

, initially under Dr Richard Lipsey
Richard Lipsey
Richard George Lipsey, OC, FRSC is a Canadian academic and economist. He is best known for his work on the economics of the second-best, a theory of constrained optimization by government of the tax system, which he co-authored with Kelvin Lancaster, a mathematical economist of high...

 and then under Dr S Andrew Ozga. The title of his doctoral thesis or the year of award is not presently available in public.

Professor Rakshit served as a professor and head of the department of Economics at Presidency College, Calcutta and then chaired the Economics Research Unit of the Indian Statistical Institute
Indian Statistical Institute
Indian Statistical Institute is a public research institute and university in Kolkata's northern outskirt of Baranagar, India founded by Prasanta Chandra Mahalanobis in 1931...

, Calcutta. He also served as faculty in the Delhi School of Economics
Delhi School of Economics
Delhi School of Economics , commonly referred to as DSE or D School, is a centre of post graduate learning of the University of Delhi. The centre is situated in the university's North Campus in Maurice Nagar, and is surrounded by a host of other prestigious academic institutions of the country...

, and the Erasmus University
Erasmus University
Erasmus University Rotterdam is a university in the Netherlands, located in Rotterdam. The university is named after Desiderius Erasmus Roterodamus, a 15th century humanist and theologian...

, Rotterdam
Rotterdam
Rotterdam is the second-largest city in the Netherlands and one of the largest ports in the world. Starting as a dam on the Rotte river, Rotterdam has grown into a major international commercial centre...

, Netherlands
Netherlands
The Netherlands is a constituent country of the Kingdom of the Netherlands, located mainly in North-West Europe and with several islands in the Caribbean. Mainland Netherlands borders the North Sea to the north and west, Belgium to the south, and Germany to the east, and shares maritime borders...

. His field of research includes transnational macroeconomics
Macroeconomics
Macroeconomics is a branch of economics dealing with the performance, structure, behavior, and decision-making of the whole economy. This includes a national, regional, or global economy...

 and crises and recovery in developing economies.

He is presently the director of Monetary Research Project at Investment, Information and Crediting Agency (ICRA), Calcutta. He is the president of Annual Econometric Society. He is also the Editor-in-Chief of the quarterly journal Money and Finance.

External links

Mihir Rakshit (OUP 2008) http://www.oup.co.in/search_detail.php?id=144746
Mihir Rakshit (OUP 2008) http://www.oup.co.in/search_detail.php?id=144747
Mihir Rakshit (Orient Longman, 1993 http://books.global-investor.com/books/227406/Mihir-Rakshit/Trade,-Mercantile-Capital-and-Economic-Development/
Mihir Rakshit (Macmillan, 2001) http://www.amazon.com/dp/0391027808
Money and Finance http://indianjournals.com/ijor.aspx?target=ijor:mf&type=home
Cornell University
Cornell University
Cornell University is an Ivy League university located in Ithaca, New York, United States. It is a private land-grant university, receiving annual funding from the State of New York for certain educational missions...

, April 19-20, 2002
Ila Patnaik, Asian Currency Crisis Revisited http://www.epw.org.in/epw/uploads/articles/3655.pdf
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