Macroeconomics

Development Aid and Economic Growth: A Positive Long-Run Relation (with Camelia Minoiu).
Quarterly Review of Economics and Finance, 2010, 50(1), pp. 27-39.

Real Income Stagnation of Countries: 1960-2001 (with Camelia Minoiu)
Journal of Development Studies, Volume 45, Issue 1, pp. 1-23, 2009.

Aid Does Matter After All: Revisiting the Relationship between Aid and Growth (with Camelia Minoiu)
Challenge, Volume 50, Issue 2, pp. 39-58, 2007.

Developing Just Monetary Arrangements
Ethics and International Affairs, Volume 17, Issue 1, pp. 81-93, 2003.
 

The Roots of the Crisis
Forthcoming in Peter Berkowitz ed., The Burden of Our Times (Projected Title).

Critique of Dollar and Kraay on Trade, Growth and Poverty (with H. Nye)
published in Globalization and the Problem of Poverty, ed. Paul Collier and Jan Willem Gunning, Edward Elgar, 2008, pp. 343-353.

Aid Does Matter After All: Revisiting the Relationship between Aid and Growth (with Camelia Minoiu)
Published in Growth Divergences: Explaining Differences in Economic Performance, edited by Jose Antonio Ocampo, Jomo K.S. and Robert Vos, United Nations Publications and Zed Books, 2007, pp. 257-279.

The International Monetary Fund
In the International Encyclopedia of Business and Management Handbook of Economics, 2002, ed. W. Lazonick, pp. 3343-3348.
 

Pro-Poor Macroeconomic Policy: Lessons from the Asia-Pacific Region.
UNDP Regional Centre for Asia and the Pacific, 2008: 39.

Toward Adjustment for Development: Sustainable and People-Centred
Paper prepared for the United Nations Development Programme, 1997.
 

Is Modi’s move to scrap high-denomination notes more about politics than economics? 

Scroll-in, November 8, 2016.

Debate on Inflation Targeting is Live
Financial Times, January 27, 2014.

Will Hollande go to Germany?
Triple Crisis, August 14, 2012.

Hamlet without the Prince: Politics and the Eurozone.
Economic and Political Weekly, August 4, 2012, XLVII(31), p. 9.

Europe Shall not be Crucified on Euro's Cross
The Hindu, July 16, 2012.

Bias for Workers Would Foster Asia Trade
Financial Times, May 14, 2012.

Central Question in Treasury Drama
Financial Times, August 20, 2011.

Developing Countries and the Crisis
New School Economic Review, Vol. 4, No. 1 (February 2011), pp. 82-86.

The Greek Tragedy and the Political Roots of Fiscal Crisis
Triple Crisis, June 1, 2010.

  • Unpublished Papers

The Middle Muddle: Conceptualizing and Measuring the Global Middle Class (with Rahul Lahoti and Arjun Jayadev)
Working Paper (2015)