ABHAY MORESHWAR PETHE Contact Information Department of Economics Phone (Off.): 91-22-2652 6942 University of Mumbai Phone (Res.): 91-22-2652 6855 Kalina, Santacruz (East) Fax: 91-22-26528198 Mumbai 400098 E-mail: [email protected]India [email protected]WWW: www.mu.ac.in Citizenship Indian Academic Qualifications/ Achievements/ Awards B.Sc. Completed from St. Xavier’s College, affiliated to the University of Mumbai, in the year 1976. The subjects offered were Mathematics and Economics. I secured ‘First Class with Distinction in the Principal Subject’. Secured 79% marks. M.Sc. Completed from Department of Mathematics, University of Mumbai, in the year 1978. The subject was Pure Mathematics. Specialization was in Graph Theory and Mathematical Logic. During the tenure was awarded the ‘National Open Merit Scholarship’ by UGC (University Grants Commission) and CAS (Center for Advanced Studies in Mathematics). Secured 86% marks. M.A. Completed from the Department of Economics, University of Mumbai, in the year 1980. The subject was Economics with specialization in Mathematical-Economics and Econometrics. Stood First Class First amongst the students offering Economics and was awarded the Asha Datar Gold Medal. Secured 62.5%. Ph.D. Completed from the Department of Economics, University of Mumbai, in the year 1986. The title of the thesis was: OPTIMISATION DYNAMICS: ALGORITHMIC APPLICATIONS WITHIN A MACRO-ECONOMETRIC CONTROL SYSTEM. The thesis dealt with estimating a couple of variants of a small (24/25 equations) macro-econometric model for India. It was used to conduct deterministic control and Kalman filtering experiments. Several simulation and policy (counter-factual) experiments were also conducted. 1 of 21
Transcript
ABHAY MORESHWAR PETHE
ContactInformation
Department of Economics Phone (Off.): 91-22-2652 6942University of Mumbai Phone (Res.): 91-22-2652 6855Kalina, Santacruz (East) Fax: 91-22-26528198Mumbai 400098 E-mail: [email protected][email protected]
WWW: www.mu.ac.in
Citizenship Indian
AcademicQualifications/Achievements/Awards
B.Sc. Completed from St. Xavier’s College, affiliated to the University ofMumbai, in the year 1976. The subjects offered were Mathematicsand Economics. I secured ‘First Class with Distinction in thePrincipal Subject’. Secured 79% marks.
M.Sc. Completed from Department of Mathematics, University ofMumbai, in the year 1978. The subject was Pure Mathematics.Specialization was in Graph Theory and Mathematical Logic.During the tenure was awarded the ‘National Open MeritScholarship’ by UGC (University Grants Commission) and CAS(Center for Advanced Studies in Mathematics). Secured 86%marks.
M.A. Completed from the Department of Economics, University ofMumbai, in the year 1980. The subject was Economicswith specialization in Mathematical-Economics and Econometrics.Stood First Class First amongst the students offering Economicsand was awarded the Asha Datar Gold Medal. Secured 62.5%.
Ph.D. Completed from the Department of Economics,University of Mumbai, in the year 1986. The titleof the thesis was: OPTIMISATION DYNAMICS:ALGORITHMIC APPLICATIONS WITHIN AMACRO-ECONOMETRIC CONTROL SYSTEM. Thethesis dealt with estimating a couple of variants of a small (24/25equations) macro-econometric model for India. It was used toconduct deterministic control and Kalman filtering experiments.Several simulation and policy (counter-factual) experiments werealso conducted.
• Was awarded the prestigious Overseas Visiting Scholarshipat St. John’s College, Cambridge and was the official facultyvisitor to the faculty of Economics and Politics, Cambridge (U.K.)between January and June 1990 where I taught Macroeconomicsand Development Economics to the undergraduate (Tripos)students. This apart I audited some courses at M.Phil and didresearch pertaining to Marxian economics as well as Inflation.These were later published in the form of a chapter in a bookas well as an independent book.
• Was awarded Post-Doctoral Fulbright Scholarship at theUniversity of Texas, at Austin (U.S.A.) between October 1991and April 1992. I was associated with Prof. David Kendrick whois a world-renowned control theorist and conducted pioneeringresearch in the area of computational stochastic control macro-econometric models. These involved ‘learning’ of different kindand setting a stage for Monte Carlo studies. The work apart fromserving as an input into a book also enabled me to publish twoworking papers at CER, UT Austin and a paper in a journal.
• Apart from the International Exposure gained from above, I havebeen invited to Vienna, Austria for presenting a paper in aconference on Cybernetics and Control.
• I have also been invited to deliver a lecture on Indian Economy toBologna, Italy in a conference entitled La Forza.
• I was invited by the World Bank to Washington DC, USAto make a presentation on the on-going project (that I was aLead Consultant for) on Land Markets and Land ManagementPractices: The Case of Mumbai.
• I was invited for a BBL on the findings of the work on Land MarketManagement at The World Bank Washington DC. USA.
• Invited to participate in an authors’ workshop at Lincoln LandInstitute, Cambridge, Boston, USA.
• Invited to participate in a conference at Brooking Institution,Washington DC USA on Metropolitan Finance in DevelopingCountries.
• Invited as a Panelist in an International Seminar by FinanceMinistry (Indonesia) and GIZ & ITC at Jakarta, Indonesia.
• Presented a Webinar under the auspices of World Bank Institute(WBI) under the Theme: Innovative Solutions for Cities on11th February 2014.
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ACADEMICPOSTS HELD 1. Professor (Vibhooti Shukla Chair) of Urban Economics and
Regional Development, since April 2000.
2. Professor (Lakadawala Chair) of Development and Planning,October 1998 - April 2000.
3. Professor of Econometrics, at the Department of Economics,University of Mumbai, (May 1997 - October 1998).
4. Senior Research Officer (Associate Professor) in the PlanningCommission Unit. Department of Economics, University of Mumbai(October 1988 - May 1997)
5. Lecturer, Center for Advanced Studies: University LeadershipProgramme (CAS - ULP) in the Department of Economics, Universityof Mumbai (December 1982 - October 1988).
6. Lecturer, Sophia College for Women (Senior College), which is anundergraduate college affiliated to the University of Mumbai (June1980 - December 1982).
Publication1. Urban Development in Maharashtra: Issues and Challenges, in S.G.
Barve Memorial Book (2014) edited by Rajas Parchure and PradeepApte, forthcoming by GIPE, Pune.
2. Fiscal Federal Architecture and Financial Flows in India, inBook of Knowledge for Politicians (2014) edited by Ganeshan.Forthcoming by D.Y. Patil University, New Mumbai (jointly withMala Lalvani)
3. Reforming Rent Control in Mumbai: Moving Towards SecondGeneration Controls, Under Review by EUA. Jointly with ShirishPatel, Sahil Gandhi and Vaidehi Tandel. (Published as WP#9Marron Institute, NYU, May 2014)
4. Real Estate Prices in Mumbai: Does the Metro Rail have an Impact?In Economics and Political Weekly (March 2014) Vol. XLIX No.9. Jointly with Sahil Gandhi, Vidyadhar Phatak, Vaidehi Tandel,and Sushrut Risbud.
5. The Dynamics of Urban Governance in India, in Goyal, Ashima (ed)Handbook on Dynamic Indian Economy, (2014), published byOUP. Jointly with Vaidehi Tandel and Sahil Gandhi.
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6. Economics of Land Use Change in Mumbai: Understanding the wedgebetween the de facto and de jure Development, Cities (2014), Elsevier(Jointly with S. Gandhi, V. Tandel & R. Nallthiga).
7. Legislative Impact on Land Markets in Cities: The case of ULCRAin Mumbai and its Repeal, Submitted to COBRA 2013. Jointlywith Ramakrishna Nallathiga, Sahil Gandhi.
8. The Political Economy of Urban Land Management: Evidence fromMumbai and Nairobi, Paper presented at the Annual World BankConference on Land and Poverty, April 2013. Jointly with RobinRajack, Ngau Peter and Shrikant Barhate.
9. Metropolitan Public Finances: The Case of Mumbai, in Bahl Roy W,Johannes F Linn and Deborah L Wetzel (Eds) FinancingMetropolitan Governments in Developing Countries, (2013)Published by Lincoln Institute of Land Management, Boston, USA.
10. Understanding Issues Related to Polycentric Governance in the MumbaiMetropolitan Region (2012) (Jointly with Vaidehi Tandel, Sahil Gandhi)in Public Finance and Management Vol. 12, Issue 3.
11. Unraveling the Anatomy of Legal Corruption in India: Focusing onthe ’Honest Graft’ by the Politicians, (2012) (Jointly with S. Gandhiand V. Tandel) in Economics and Political Weekly, Vol. 47, No.21, pp 55-42.
12. Anatomy of Ownership and Management of Public Land in Mumbai:Setting an Agenda using IAD Framework (2012) (Jointly with S.Gandhi, V. Tandel and S. Libeiro) inEnvironment and UrbanizationAsia (EUA), March, 2012 Vol. 3. No. 1. Pages 203-220.
13. Assessing the Mumbai Metropolitan Region: A Governance Perspective(2011) Economic and Political Weekly, 46(26&27): 187-195.(jointly with S. Gandhi and V. Tandel)
14. India e Italy: la forza dell’impegno (2009) in Forum InternazionaleLA FORZA, Proctor Edizioni, Bologna
15. Augmentation of the Consolidated Fund of the States for Transferto the Local Bodies by the Thirteenth Finance Commission (2009)Special DRG Study, Reserve Bank of India.(Along with B. M.Misra and P. B. Rakhe).
16. Aide Memoire to the 13th Finance Commission on Devolution ofFunds (2009) in Economic and Political Weekly, June 13.
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17. Financing the Panchayati Raj Institutions: Flagging Some Issuesfor the 13th Finance Commission, Invited Paper at the Conferenceorganized by NIPFP in May 2008.
18. Higher Education: Governance is the Key (2007) in MEDC Digest,Vol. 36(9), July-August
19. Revitalizing Education in Mumbai: A Five Pronged Approach (2007)in The City, Vol.1 No. (1) March-May.
20. Analysis and Conclusion (along with Foreword) (2006) in MumbaiVision 2015: Agenda for Urban Renewal, Macmillan PublishingCompany Ltd.
21. Fiscal Situation in Maharashtra: An Assessment, A Critique andSome Policy Suggestions (2006), Study Commissioned by NIPFP-World Bank (with Mala Lalvani) Journal of Indian School ofPolitical Economy (JISPE) Vol. 17(3) July-September.
22. On Urban Governance (2006) inMEDCDigest, Vol. 35(4), February
23. Developing A Quantitative Framework for Determining Devolutionof Funds from the State Government to Local Bodies (2006) jointlywith Ajit Karnik and Dilip Karmarkar in Local Governments inIndia: Decentralization and Beyond (eds) Niraja Jayal et. al.,OUP.
24. Towards Economic Empowerment of ULBs in Maharashtra, (2006)Economic and Political Weekly of India (Economics and PoliticalWeekly), Vol. XLI no. 7 Feb. 18-24 (with Mala Lalvani).
25. On Developing Macro-Diagnostics for Evaluating the Fiscal Health ofthe Indian States: The Case of Madhya Pradesh, (2005) (with MalaLalvani), in B. Venkatesh Kumar (ed) Development Challengesin Madhya Pradesh, Manas Publication, Delhi.
26. Comparative Study of Municipal Finances in Maharashtra: Patterns,Problems and Prospects (2005), Urban India, Vol. XXV, no. 1,Jan-June (with Mala Lalvani).
27. Imperfections In Indian Regulation As Measured By The SubsidyDependence Index (2005) (with Rupa-Rege Nitsure) in T. T. RamMohan, et al, (eds) Regulation of Financial Intermediaries inEmerging Markets, by Sage Publications Private Limited.
28. A Fair Plan Approach For Devolution Under The Twelfth CentralFinance Commission: Some Suggestions, in Alagh, Y.K et al. (2004)Strategic Policy and Economic Reform, ORF New Delhi, (withMala Lalvani).
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29. Capital Account Convertibility - The Unfinished Agenda: Mark I,in Alagh, Y.K et al. (2004) Strategic Policy and EconomicReform, ORF New Delhi, (with Balwant Singh and Shripad Wagle).
30. Finances of Urban Local Bodies in Maharashtra: A Statistical Profile,India Infrastructure Report, 2003, 3i Network, Oxford UniversityPress.
31. Funding Urban Infrastructure, From Government to Markets,Economic and Political Weekly, 2002 June 22nd (with ManjuGhodke).
32. Strategic Management and Financial Sector Reforms in the NextMillenium: Challenges and Opportunities in Strategic ManagementBanking and Financial Sector Reforms in the Next Millenium,V. Deolankar (ed), Commonwealth Publishers, Delhi, 2002
33. Towards Bank Financing of Urban Infrastructure, Proceedings ofBank Economists’ Conference, 2001(with Manju Ghodke)
34. Construction of a Composite Leading Indicator for Tracking Inflationin India in Indian Economy in the NewMillenium, B.L. Mungekar,D.M. Nachane and M.J.M. Rao (eds.) Himalaya Publishing House,Mumbai, 2001
35. Do Indian Stock Markets Matter? A Relationship between StockMarket Indices and Macro-economic Variables, Economic andPolitical Weekly of India, January 29th, 2000. (Jointly with AjitKarnik).
36. An Empirical Analysis of the Performance of Some Indian DevelopmentFinancial Institutions, Journal of Indian School of PoliticalEconomy Vol.11 No.2, April-June 1999. (Jointly with AnuradhaMalshe)
37. Learning to Pay for Your Lunch: Reflections on the Union Budgetthat Almost Wasn’t, Economic and Political Weekly of India,Vol., XXXIV No.24, June 12, 1999. (Jointly with Mala Lalvani)
38. Modeling the Implicit T-Bill Yield, Economic and Political Weeklyof India, Vol. XXXIV Nos. 3&4, January 6-23, 1999.(Jointly withC. Chakravarty).
39. Increasing the Effectiveness of Teacher Training - A Fresh Look atRefresher Courses for College Teachers,University News, September1998, Vol.36 No.39.
40. The Current Price Situation, Forum of Free Enterprise, August1998, jointly with S.S. Bhandare.
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41. Issues in Urbanization: A Tale of Many Cities, Journal of IndianSchool of Political Economy (JISPE), Oct. - Dec. 1997.
42. Role of Development Banks in Industrial Development: The IndianCase, Finance India, September 1997, Vol.11 No.3. (Jointly withP. Salvi).
43. Some Computational Aspects of Macroeconomic Modelling UsingStochastic Control, Arth Vijnana, June 1997, VolXXXIX No.2,(jointly with Sudesh Mujumdar).
44. An Anatomical Investigation of the Econometric Features of SomeKey Fiscal Variables: An Exercise in Fiscal Marksmanship, JISPE,January - March 1997 (Jointly with Mala Lalvani).
45. Some Issues in Marxian Political Economy, Nachane, D and M.J.M.Rao (eds)Macroeconomic Challenges and Development Issues,Himalaya Publishing House, 1997.
46. State and the Poor: A Review Article, JISPE October - December1996.
47. Value Added in Industry, Infrastructure and Development Banks:An Optimal Control Formulation, Arth Vijnana, Vol.XXXVIII (2),June 1995.
48. Expectations, Macro-foundations, Policy Ineffectiveness and Culture:A Methodological Detour, Economic and Political Weekly, Vol.XXX(4), January 28, 1995.
49. Backward Area Development: A Brief Survey of Government Policy,Indian Journal of Regional Science, Vol. XXVI (2), 1994.
50. Socio-Economic Modelling Using Stochastic Control: Some Issues, R.Trappl (ed) Proceedings of the Twelfth European Meeting onCybernetics and Systems Research, World Scientific Publishers,1994.
51. Financing Government Expenditure with Minimal Inflation: AnOptimal Control Formulation, JISPE, October - December, 1992,(jointly with A. Karnik).
52. Macroeconomics: Applications Within a Control System, R.Trappl(ed), Proceedings of the Eleventh Meeting on Cyberneticsand Systems Research, World Scientific Publishers, 1992.
53. Modelling Socio-Economic Systems for Policy: Some Control TheoreticIssues, R.Trappl (ed), Cybernetics’ 90, World Scientific Publishers.
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54. Robust Policy Analysis: A Tentative Approach, Indian Journal ofQuantitative Economics, Vol. IV(1), 1988.
55. Robust Modeling: An Application to the Indian Economy, Journalof Quantitative Economics, Vol. III (2), 1987.
56. Ethical Values in Teaching /Learning Process-An Integrated Approach:A Skeleton Note for Reflection, New Frontiers of Education, Vol.XIV, No. 4, January-March 1984.
57. Successful Implementation of COHSSIP-A Case Study, COHSSIPNews Letter, Vol.IV (4), Winter 1982.
58. Innumeracy and Economic Behavior: A Note, Economic andPolitical Weekly, August 1982.
RESEARCH &CONSULTANCYPROJECTS
1. Proposed study on Property Tax on Slums in Mumbai (coverage,rate and mechanism) for the MCGM.
2. Working as an Economist (Consultant) to Group SCE commissionedto prepare a Development Plan (DP) for Mumbai. 2012-13
3. Currently working on theBase Chapter on Economy and Growth asa part of the HDI project (MMR) for MMRDA and AIILSG. 2012-13
4. Recently completed a study leading to a Chapter for‘Metropolitan Finances in Developing Countries’ to be publishedas a book by Johannes Linn and Roy Bahl (Lincoln Land PolicyInstitute) 2013
5. Worked as a lead consultant on a large World Bank ProjectLand markets and Management along Centre for Good Governance,Hyderabad. 2010-11
6. Completed the Midterm appraisal of the 11th Planperformance of Dadra Nagar Haveli (UT) commissioned byPlanningCommission, GoI, New Delhi. 2010-11
7. Completed Mid-Term Appraisal of 11th Plan performance of Maharashtra,Study I & II, commissioned by Planning Commission GoI, NewDelhi. 2010-11
8. Commissioned study titled, ‘Financial Decentralization of PRIs inMaharashtra: Almost There But Not Quite!’ for a research projectby TISS (Prof. B. Majula). 2009.
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9. Special DRG study for theReserve Bank of India on, ‘Augmentationof the Consolidated Fund of the States for Transfer to Local Bodiesby the 13th Finance Commission’. 2009
10. A Report on the Finances of Panchayati Raj Institutions in India. Astudy conducted for IRMA/ MoPR (Ministry of Panchayati Raj),GoI, 2008
11. A Report on the Local Government Finances: MMR Region: A studyconducted for and commissioned byMTSU (Mumbai TransformationSupport Unit, GoM) on advice of World Bank, 2007
12. Academic Advisor toORF (Observer Research Foundation) MUMBAIRENEWAL: VISION 2015, book published by Macmillan, 2006.
13. Mumbai: Fact File and Budgetary Analysis with Marie-Helen Zerahfor CSH(Center de Sociale Humaines), New Delhi. 2005.
14. Designing a Best Response with a Human Face in the Context ofParadigm Shift in Macroeconomic Management: A Case for CivilSociety Intervention, 2004, A Report/ Paper forKherwadi WelfareAssociation, Mumbai
15. World Bank project on Deliverables regarding finances of ULBs inMaharashtra. 2003.
16. “An Approach to Designing Inter-Governmental Transfers” a studydealing with “Evolving Criteria For Allocation Of Funds As PerThe State Finance Commission Recommendations From The StateTo Urban Local Bodies To Strengthen Decentralisation Efforts ByUrban Local Bodies” (jointly with Ajit Karnik and Dilip Karmarkar)Final Report submitted to United Nations Development Programme(UNDP) and United Nations Centre For Human Settlements(UNCHS/UN-Habitat) in May 2002.
17. Imperfections In Indian Regulation as Measured By The SubsidyDependence Index: A Case Study Of Banks And Financial Institutions(with Rupa Rege-Nitsure) for ICICI, 2002.
18. Developing a Quantitative Framework for Determining Devolution offunds from the State Government to Local Bodies (jointly with AjitKarnik and Dilip Karmarkar) Final Report submitted to MaharashtraState Finance Commission, Government of Maharashtra,September, 2001.
19. Stock Markets in India: some Empirical explorations (jointly withAjit Karnik) Final Report Submitted to Batlivala and Karani,August 1998.
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20. Capital Formation in Urban Informal Sector: A Case Study of MumbaiCity (jointly with Dr. N. A. Mujumdar) for (SDS) Society forDevelopment Studies, New Delhi, 1997.
BooksPublished 1. MACROMODELLING, OPTIMAL CONTROL AND
2. TEACHING, THEORY AND PRACTICE OFECONOMICS: ESSAYS INMETHODOLOGY, Indian EconomicTrust, 1996.
WorkingPapers 1. Macroeconomic Modelling, Optimal Control and Inflation,
Planning Unit Monograph, Department of Economics, University ofMumbai, 1992.
2. DUAL Control: The Case of a Prototype Macromodel forIndia, CERWorking Paper, 92-1, Department of Economics, Universityof Texas, Austin, U.S.A.
3. On Using Stochastic Control in Economic: Some Issues, CERWorking Paper, 92-2, Department of Economics, University of Texas,Austin, U.S.A.
4. Some Problems of Revolutionary Practice or Why the GraveDiggers Haven’t Arrived, Working Paper, 94-1, Department ofEconomics, University of Mumbai, 1994.
5. Capital Formation in Urban Informal Sector: The Caseof Housing in Mumbai City, Report submitted to Society forDevelopment Studies (S.D.S.), New Delhi, 1996, jointly with Dr.N.A. Mujumdar.
6. Stock Markets in India: Some Empirical Explorations,Consultancy Report, Jointly with A. Karnik.
7. From Government to Markets: Funding Urban Infrastructure,jointly with Manju Godke, Working Paper 1, Vibhooti Shukla Unitin Urban economics and Regional Development.
8. Towards Bank Financing of Urban Infrastructure, jointly withManju Godke, Working Paper 2, Vibhooti Shukla Unit in UrbanEconomics and Regional Development.
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9. Developing Quantitative Framework for DeterminingDevolution of funds from the State governments to LocalBodies, jointly with Ajit Karnik and Dilip Karmarkar, WorkingPaper 3, Vibhooti Shukla Unit in Urban economics and RegionalDevelopment.
10. On Developing Macro Diagnostics for Evaluating the FiscalHealth of the Indian States: The Case of Madhya Pradesh,jointly with Mala Lalvani, Working Paper 4, Vibhooti Shukla Unitin Urban Economics and Regional Development.
11. Assessment of Revenue and Expenditure Patterns in UrbanLocal bodies of Maharashtra, jointly with Ajit Karnik and DilipKarmarkar, Working Paper 5, Vibhooti Shukla Unit in UrbanEconomics and Regional Development.
12. Capital Account Convertibility The Unfinished Agenda:MARK I, jointly with Balwant Singh and Shripad Wagle, WorkingPaper 6, Vibhooti Shukla Unit in Urban Economics and RegionalDevelopment.
13. On Urban Infrastructure Development, Working Paper 7,Vibhooti Shukla Unit in Urban Economics and Regional Development.
14. A FAIR PLAN Approach for Devolution Under the TwelfthCentral Finance Commission: Some Suggestions, WorkingPaper 8, Vibhooti Shukla Unit in Urban Economics and RegionalDevelopment. Jointly with Mala Lalvani.
15. Designing a Best Response with a Human Face in the Contextof Paradigm Shift in Macroeconomic Management: A Casefor Civil Society Intervention, Working Paper 9, Vibhooti ShuklaUnit in Urban Economics and Regional Development.
16. Infrastructure Finance in the Time of Revenue Crunch:Exploring New Avenues for Urban Local Bodies, WorkingPaper 10, Vibhooti Shukla Unit in Urban Economics and RegionalDevelopment. Jointly with Ajit Karnik.
17. Towards Economic Empowerment of ULBS inMaharashtra, Working Paper 15, Vibhooti Shukla Unit in UrbanEconomics and Regional Development. Jointly with Mala Lalvani.
18. A Comparative Study of Municipal Finances in Maharashtra:Patterns, Problems and Prospects, Working Paper 16, VibhootiShukla Unit in Urban Economics and Regional Development. Jointlywith Mala Lalvani.
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19. Fiscal Health of Maharashtra: A Stock Taking Exercise,Working Paper 17, Vibhooti Shukla Unit in Urban Economics andRegional Development. Jointly with Mala Lalvani.
20. Analyze This: Deciphering the Code of Mumbai Budgets,Working Paper 18, Vibhooti Shukla Unit in Urban Economics andRegional Development, Jointly with Mala Lalvani.
21. Culture, Computation, Consciousness and the RationalEconomic Person, Working Paper 19, Vibhooti Shukla Unit inUrban Economics and Regional Development.
22. Preface, Analysis and Conclusion, Working Paper 20, VibhootiShukla Unit in Urban Economics and Regional Development.
23. On Urban Governance: The Case of Mumbai, Working Paper24, Vibhooti Shukla Unit in Urban Economics and RegionalDevelopment
24. AReport on the Local Government Finances: MMRRegion,Working Paper 25, Vibhooti Shukla Unit in Urban Economics andRegional Development, Jointly with Mala Lalvani.
25. Some Essays On Higher Education in India, Working Paper 26,Vibhooti Shukla Unit in Urban Economics and Regional Development.
26. Issues for the 13th Finance Commission: Welcome to theGrey World of Trade-Offs!, Working Paper 27, Vibhooti ShuklaUnit in Urban Economics and Regional Development
27. Finances of Panchayati Raj Institutions: A Simple Story buta Messy Plot, Working Paper 28, Vibhooti Shukla Unit in UrbanEconomics and Regional Development, Jointly with Mala Lalvani.
28. AIDE MEMOIRE to the 13th Finance Commission onDevolution of Funds, Working Paper 30, Vibhooti Shukla Unitin Urban Economics and Regional Development.
29. Strengthening Decentralization Augmenting the ConsolidatedFund of the States by the Thirteenth Finance Commission:A Normative Approach, Working Paper 31, Vibhooti Shukla Unitin Urban Economics and Regional Development, Jointly with B.M.Mishra and P.B. Rakhe.
30. Financing Panchayati Raj Insitutions: Flagging Some Issuesfor the 13th Finance Commission, Working Paper 34, VibhootiShukla Unit in Urban Economics and Regional Development.
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31. LA FORZA or THE FORCE: Swotting India in a GlobalContext, Working Paper 28, Vibhooti Shukla Unit in Urban Economicsand Regional Development.
32. Financial Decentralization to Panchayati Raj Institutions(PRIs) in Maharashtra: Almost There but Not Quite! WorkingPaper 36, Vibhooti Shukla Unit in Urban Economics and RegionalDevelopment.
33. Assesing the Situation in Mumbai Metropolitan Region: AGovernance Perspective, Working Paper 38, Vibhooti Shukla Unitin Urban Economics and Regional Development.
34. Our Complex Urban Conundrum: Reflections of an Economist(Prof. L.B. Kenny Endowment Lecture), Working paper 39,Vibhooti Shukla Unit in Urban Economics and Regional Development.
35. Metropolitan Public Finance: The Case of Mumbai, Workingpaper 41, Vibhooti Shukla Unit in Urban Economics and RegionalDevelopment.
36. Report on Mid-term Appraisal of the Performance ofMaharashtra (11th Plan Period), (Two Volumes: Volume I MacroIndicators and Volume II Flagship Programs)
37. Report on Mid-term Appraisal of the Performance of UT-Dadra-Nagar Haveli (11th Plan Period), (Two Volumes: VolumeI Macro Indicators and Volume II Flagship Programs)
38. Conversion/ Intensification of Land for UrbanDevelopment in Mumbai, WP1 (KP for WB) Jointly withRamakrishna Nallathiga (CGG, Hyderabad)
39. Allocation of Land for Uses and its Change in Mumbai,WP2 (KP for WB) Jointly with Ramakrishna Nallathiga (CGG,Hyderabad)
40. Urban Land (Ceiling and Regulation) Act and its Repeal inMumbai, WP3 (KP for WB) Jointly with Ramakrishna Nallathiga(CGG, Hyderabad)
41. Collusion, Conflicts, Informal Systems & Rent Seeking:The Great Prototype Indian Story of Urban LandManagement in Mumbai, Synthesis Paper (KP for WB).
42. Unraveling the Anatomy of Legal Corruption in India:Focusing on the ‘Honest Graft’ by the Politicians, WorkingPaper 42, Vibhooti Shukla Unit in Urban Economics and RegionalDevelopment (jointly with S. Gandhi, V. Tandel)
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43. Anatomy of Ownership and Management of Public Land inMumbai: Setting an Agenda using IAD Framework, WorkingPaper 43, Vibhooti Shukla Unit in Urban Economics and RegionalDevelopment. (Jointly with S. Gandhi, V. Tandel & S. Libeiro)
44. Economics of Land Use Change in Mumbai:Understanding the wedge between the de facto and de jureDevelopment, Working Paper 44, Vibhooti Shukla Unit in UrbanEconomics and Regional Development. (Jointly with S. Gandhi, V.Tandel & R. Nallthiga).
45. Understanding Issues Related to Polycentric Governance inthe Mumbai Metropolitan Region, Working Paper 45, VibhootiShukla Unit in Urban Economics and Regional Development. (Jointlywith V. Tandel & S. Gandhi).
46. Modeling Real Estate Prices in Mumbai: Does the upcomingMetro have an Impact? Jointly with Sahil Gandhi, VidyadharPhatak, Vaidehi Tandel, and Sushrut Risbud. Working Paper 46,Vibhooti Shukla Unit in Urban Economics and Regional Development.
47. Reforming Rent Control in Mumbai: Moving Towards SecondGeneration Controls, Jointly with Shirish Patel, Sahil Gandhi andVaidehi Tandel. Working Paper 47, Vibhooti Shukla Unit in UrbanEconomics and Regional Development.
48. Financing Bankable Infrastructure Projects Using PPP: ATwist in the Tale, Jointly with Sushil Torne. Working Paper 52,Vibhooti Shukla Unit in Urban Economics and Regional Development.
49. Fiscal Federal Architecture and Financial Flows in India,Jointly with Mala Lalvani, Working Paper 53, Vibhooti Shukla Unitin Urban Economics and Economic Development.
50. The Dynamics of Urban Governance in India, Jointly withVaidehi Tandel and Sahil Gandhi, Working Paper 54, Vibhooti ShuklaUnit in Urban Economics and Regional Development.
51. Public Private Relations in PPP, Jointly with Sushil Torne,Working Paper 56, Vibhooti Shukla Unit in Urban Economics andRegional Development.
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CoursesTaught • We had a dual system of MA (now only credit based system), one
which is credit based semester system and another which is atraditional annual system. In the annual type, we have a system ofsharing the teaching of papers or courses at M.A. I have taught thecore papers of Microeconomic Theory and Development Economics.
• Amongst the optional papers, I have taughtMathematical Economics,Econometrics, Financial Economics, Urban Economics and MonetaryEconomics. I may mention here that I introduced the ‘Finance’ and‘Urban’ courses at MA (designing and teaching). This course hassince been discontinued. Most Recently I have designed a coursein India Economy to be taught in two parts (each of two credits)as a part of core courses in the choice based credit system to beadministered in a semester format and will be teaching the course.In the credit system I have taught the core course on Mathematicsfor Economists apart from Urban Economics and Urban Governanceand Infrastructure Issues/ Finance (Electives)
• Apart from teaching at the Master’s level, I have also conductedWorkshops in Quantitative Economics and Economic Theory.I have also served as a Course Coordinator for Refresher coursesconducted by the Department of Economics for college teachers.I have also been a resource person at several other venues anddelivered lectures at refresher courses and orientation programs, inthe areas of Economic Theory, Quantitative Techniques, FinancialEconomics, Urban and Regional Economics, Research Methodology,Pedagogy et al.
• I have served as a resource person and organized several refresherand orientation programs of ASC, as also conferences and workshopswith National and International participation
• I have served as a visiting faculty at the MMS and IMBA(Tri-Nation Master of Business Administration) programs,teaching courses in Principles of Economics, Managerial Economicsand Econometrics.
ResearchGuided /Interest
My doctoral work was in the area of Control and Filtering of Macro-econometric models, naturally my interest in that area continued,strengthened by the newer techniques now available in the area of stochasticcontrol. Game Theory is an area of recent interest. Also the recentdevelopments in Monetary and Financial Economics interest me,especially with special reference to the ongoing changes in the Indianeconomic scene. Since the last few years in the last decade I have worked
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in the area of Urban Economics,and have successfully completed severalresearch projects for Governmental and International Agencies, apart fromproducing PhDs and several papers in the area. I have successfully guidedthree M.Phil and over twenty Ph.D. students and 8 more doctoralstudents who are on live register.I have successfully guided three M.Phil and over twenty Ph.D. studentsand 8 more doctoral students who are on live register.
2. Joseph Liza George: The Cry of the Carpet Child: 1994
3. Bahadur Lavanya Rekha: The Changed Role of the State, 1995.
• Ph.D.: Development Banking in India with optimal controlApplications and DFI-Subsidy Dependence in the context ofUniversal Banking in India, Investment Behaviour, RBI CreditPolicy with special reference to Industrial Performance,CommercialBanking Performance in the Post-Liberalisation Era, EmpiricalInvestigation into the Capital Formation in India, Flow of Funds(Merged Fund-Bank Model) for India, Internal Debt Managementwith special reference to cut-off yield of the T-bills,Capital Structuresof Indian Corporates, Core Inflation and Related Issues, InterestRate Structure and Monetary Policy, Stock Market andE-commerce, Optimal Pricing Model for Power, Financing UrbanInfrastructure, Econometric Investigation into Stock Markets,Application of Chaos to External sector dynamics, Designinginnovative financial product for Urban infrastructure, PortInfrastructure in India, Polycentric Governance,Infrastructure in MMR, PPP diagnostics and policy amongstothers.
• The Students nearing the completion of their PH.D.s includeCompetition in Telecom, Micro-Finance, External Sector,Economists’ Role in Policy Making, Governance inMetropolitan Regions (Mumbai), Housing as InfrastructureComponent in MMR, Financial Product as an alternativeto PPP and Diagnostics for PPP.
• The List of Candidates who have completed Ph.D. under my guidance,the title and the year is given below:
1. Prakash Salvi: A Study of Role and Performance of DevelopmentBanking in India (A Macro Perspective with Special Referenceto Industrial Development); 1993.
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2. Laxman Sharma: The Role and Contribution of Reserve Bankof India in Financing of Indian Industry Its Impact on Growth;1997.
3. Anuradha Malshe: Role and Relevance of Development FinancialInstitutions in the Post Liberalization Era; 1998.
4. Mrinalini Kohojkar: An Empirical Investigation into Nature andStructure of the Indian Economy; 1998.
5. Sabysachi Ray: A Financial Programming Model for the IndiaEconomy; 1999.
6. Chiragra Chakrabarty: Internal Debt Management in India:Am Empirical Study of Treasury Bills Market; 1999.
7. Kshitij Prasad: Capital Structure in the India Corporate Sector:An Empirical Investigation; 1999.
8. Arnab Bhattacharjee: Valuation of Corporate Debt and Equity:Some Contributions in the Indian Case, 2000.
AdministrativeExperience 1. Between September 2008 and September 2011, I was the Director of
the Department of Economics (Autonomous). Being the autonomousdepartment implies that it is a microcosm of the university. All theprocesses have been streamlined and new governance initiatives havebeen taken. My earlier experience (as Dean, Management Councilmember and Chairman Campus Development Council) helped meimmensely in this process
2. Between September 2009 and February 2013, I was I/C Director ofthe Autonomous Rajiv Gandhi Centre for Contemporary Studies.
3. I was the Hon. Director of ICSSR-WRC, in 2010 for a period ofsix months.
4. I have finished the term as Dean of the Faculty of Arts, &Member of the Management Council of University of Mumbai(2001-05). As such I was ex-officio member of several authorities suchas the Senate, Academic Council, Board of Examinations. Ihave also worked on several important committees (as a memberor a convener) dealing with academic and administrative aspectsof University functioning. Whilst the complete list is too long, Imay mention my initiatives related to Examinations, Syllabi/courses and Affiliation and Library to be rather significant. Ihave also been involved with drafting ordinances for Ph.D. in theUniversity. I also have been involved with educational reforms at theUniversity encompassing all the aspects viz., academic, financial,administrative and examination. Indeed I am the convenerof the research initiative under the UPE (University withPotential for Excellence) dealing with reforms in University Education.In a word I am well versed with the administrative processes and therules and regulations that guide them.
5. I was theChairperson, Campus Development CouncilUniversityof Mumbai (2005-2010). Here in I have developed expertise indevelopment of Infrastructure projects in a fast track mode basedon the document delineating the vision for future directions for the
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University. As a part of the learning experience, I am now completelyaware of the rules/ regulations. Ordinances and processes to getthings done in the University.
6. I was the convener of many committees set up for Sesquicentennialcelebrations of University of Mumbai such as InfrastructureUp-gradation, Library Modernization and Media ManagementCommittees and the Chief Spokesperson for 150 years celebrationsprograms and projects, University of Mumbai.
7. I have been a member of Board of Studies in Economics (Universityof Mumbai) and currently I am a member of the Board of Studiesof the University of Baroda, Academic Council of TISS, Mumbaiand the Research Recognition Committee of Economics Boardof Symbiosis University as well as Nanded University.
8. I have served as a resource person for the National CurriculumDevelopment Committee in Economics, appointed by theUGC (1985).
Miscellaneous& (Co-Curricular)
1. I am a member of the Slum Development Index set up by HUPA,GoI.
2. I am member of the Management Board of Sikar University,Rajasthan as a nominee of the Chancellor (Governor) of Rajasthan.
3. I am a member of the Board of Management (Chancellorsnominee) of GIPE, Gokhale Institute of Politics and Economics(2014 - )
4. I have served as a member of the Advisory committee of ICSSR(Western Regional Center)
5. I was a member of the Governing Council of the Rajiv GandhiCenter for Contemporary Studies, University of Mumbai. NowI am on its Research Recognition Committee.
6. I was a member (2006-2008) of the Governing Board of TISS(Tata Institute of Social Science)
7. I am a member of TISS Academic Council and ResearchCommittee
8. I am the Chairman of the Ad-hoc Board in Urban and RuralManagement (YASHADA) University of Mumbai.
9. I was the Chairman of the Ad-Hoc Board of Studies of Banking andFinance (Commerce Faculty, UoM).2007-08)
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10. I was on the Board of Management of Gokhale Institute ofPolitics and Economics. (2005-2008)
11. I was a member of the Central AdvisoryCommittee of the ObserverResearch Foundations (ORF) Institute of Economy andDevelopment. This is a national think tank with several institutesdealing with energy, defence, economy and politics. The Instituteof Economy and Development id chaired by Dr. Y.K. Alagh. TheWestern Zone Chapter has several relevant projects are in the pipeline,including the one on Mumbai Vision 2015 which is completed a whileago.
12. I was a member of the advisory/research committees of BombayFirst and MEDC. Bombay first undertakes various projects ofinterest to the city and holds seminars. Maharashtra EconomicDevelopment Council (MEDC) Has held several crucial conferences/seminars on Infrastructure Summit (MIDAS), Education Unlimitedand I have been on the organizing Committees/ Panel of Speakers.
13. I was a member of core committee of MTSU and CitizenEmpowered Group, in the Mumbai Transformation Project.
14. I am a member of Technical Advisory Group of RBI for HousingStart-Up Index (HSUI).
15. I was theChancellor Nominee to the North Maharashtra University.
16. I have presented several papers in conferences at home and abroad.I have also chaired sessions at these conferences. These have mainlybeen invited talks includingKey Note/ Inaugural andValedictoryspeeches
17. I have delivered several invited lectures in various educationalinstitutions.
18. I have worked as a referee for Papers (journals) and Manuscripts(books) as well as for M.Phil and Ph.D. Theses.
19. I have worked as a consultant for various private sector, semi-government and national and international development organizations.These include, Government of India, Government of Maharashtra,UNDP/UNCHS, World Bank.
20. I have written several articles (current topics)/ reviews/biographical notes in newspapers / semi journals / magazines.
21. Have worked on research projects involving primary data collectionand grassroots issues in rural and urban India e.g., for International
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Institute of Population Studies (Deonar) and Society for DevelopmentStudies (New Delhi).
22. I have been invited and delivered the Prof. L.B. Kenny EndowmentLecture titled ‘Our Urban Conundrum: Reflections of an Economist’for the Asiatic Society of Mumbai at Y.B. Chavan Center, Mumbai.
23. I was a member of the Sub-groups on Rain-fed Agriculture andState Universities for the 11th Five year Plan.
24. I was a member of the Steering Committee for Higher andTechnical Education for the 12th Five Year Plan.
25. I was a member of the High Powered Committee set up by theGovernment of Maharashtra for Regional Imbalance inMaharashtra under the Chairmanship of Dr. Vijay Kelkar
26. I am working as an economist-consultant for SCE Group (France)for the DP for Mumbai (MCGM)
Miscellaneous(ExtraCurricular)
1. I have presented over twenty programmes on radio and T.V.which included panel discussions on topics related to education, socialawareness et al., also I have interviewed famous personalities especiallyscientists and produced a monthly magazine on World of Science.
2. Member, Advisory panel to theCentral Board of Film Certification(Censors) between 1984 1990.
3. I have worked as a nominated member of the Marathi VishwakoshSamiti, under the chairmanship of eminent philosopher and scholarM.P.Rege.
ReferencesDr. Vijay Kelkar (Former Finance Secretary and Chairman of 13th
