An autonomous research institute under the Ministry of Finance

 

Ila Patnaik

Professor


Ila Patnaik large photo

Ila Patnaik is a Professor at NIPFP. Prior to this, she was the Principal Economic Advisor to the Government of India from May 2014 to December 2015.  Prior to joining NIPFP, she has worked at the National Council of Applied Economic Research (NCAER), Indian Council for Research in International Economic Relations (ICRIER), and as Economics Editor at the Indian Express. Her main area of interest is open economy macroeconomics, including issues related to capital flows, the exchange rate regime, monetary policy, business cycles and the financial sector in the context of opening of the capital account. Her recent papers deal with India's experience with capital flows, methods for testing, dating and monitoring structural change of the exchange rate regime, an examination of the exchange rate regime in India and China, questions of moral hazard in the currency exposure of firms, and explaining the change in home bias against Indian firms.

Research areas

Open economy macroeconomics, including issues related to capital flows, exchange rate regime, monetary policy, business cycles and the financial sector in the context of opening of the capital account

Recent publications

Membership in committees and commissions

  • Co-lead the Research Program on Macroeconomics and Finance for the Department of Economic Affairs of the Ministry of Finance, 2007-2014
  • Co-lead the research team for the Financial Services Legislative Reforms Commission (FSLRC), 2010-2013
  • Member, Minsitry of Finance Working Group on Foreign Investment, 2009-2010
  • Member, Ministry of Finance Internal Working Group on Internal Debt Management, 2008
  • Member, RBI Working Group on Economic Indicators, 2001-2002

Curriculum vitae

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