Arvind Subramanian

Arvind Subramanian is Senior Fellow jointly at the Peterson Institute for International Economics and the Center for Global Development. He was Assistant Director in the Research Department of the International Monetary Fund (IMF). He is currently the Chief Economic Adviser to the Indian prime minister. During his career at the IMF, he worked on trade, development, Africa, India, and the Middle East. He served at the GATT (1988-92) during the Uruguay Round of trade negotiations and taught at Harvard University's Kennedy School of Government (1999-2000) and at Johns Hopkins' School for Advanced International Studies (2008-10). Subramanian advises the Indian government in different capacities, including as a member of the Finance Minister's Expert Group on the G-20. His book, India's Turn: Understanding the Economic Transformation, was published in 2008 by Oxford University Press, while Eclipse: Living in the Shadow of China's Economic Dominance was published September 2011. He is Co-Editor of Efficiency, Equity, and Legitimacy: The Multilateral Trading System at the Millennium with Roger Porter and Pierre Sauvé (Brookings/Harvard University Press, 2002). He obtained his undergraduate degree from St. Stephens College, Delhi; his MBA from the Indian Institute of Management at Ahmedabad, India; and his MPhil and DPhil from the University of Oxford, UK.

India: A Property Tax Proposal

Mar 31, 2014

Why taxing property for accountable local government in India is essential.  In our last piece, we had argued that taxation is the economic glue that binds citizens to the state in a necessary two-way relationship. A citizen's stake in exercising accountability diminishes if he or she does not pay in a visible...

India: Taxation's Fatal Neglect?

Feb 03, 2014

Obsessed with spending, India's UPA has ignored the vital task of expanding the direct tax net. How one-sided has India's conversation on its government finances become. It is all about spending, spending, spending. For the United Progressive Alliance (UPA) government, of course, elevated spending, subsidies and redistribution were sacred objectives. But...

Learning from Chinese Mercantilism

Feb 08, 2012

Caution on liberalising capital flows will allow India to mildly emulate China. For almost a decade now, China has followed a mercantilist growth strategy, which has involved maintaining a deliberately cheap exchange rate to boost exports and growth. Crucial to this policy has been China’s choice to keep the economy...

Mme. Lagarde: Where Are You When The World Needs You?

Nov 11, 2011

  A letter to Christine Lagarde, Managing Director of the International Monetary Fund (IMF). Dear Madame Lagarde, Europe is in deep trouble, possibly on the verge of catastrophe, and as a consequence so might be the world. You represent that world and you need to act quickly and decisively, and...