About Us

Name : Dr. Partha Sen

Function : Professor

Email : parthasen@iift.edu


- BA (Honours) Economics, Hindu College, University of Delhi (July 1969-June 1972).
- MA Economics, Delhi Scool of Economics, University of Delhi (July 1972-June, 1974).
- MSocSci Economics, University of Birmingham (October 1977-December 1978).
- Ph.D, London School of Economics, University of London (January 1979-August 1984).

Areas of Interest / Specialization


Work Experience


- Professor of Economics, South Asian University (October 2011-January 2013).
- Professor of Economics, Delhi School of Economics (July 1996-September 2011).
- Professor of Economics, Indian Statistical Institute (July 2001-October 2002) (on lien
from The Delhi School of Economics).
- Reader in Economics, Delhi School of Economics ( July 1990-June 1996).
- Lecturer in Economics, London School of Economics (October 1989-September 1990
- and October 1983-September 1984).
- Assistant Professor, University of Illinois (August 1986-September 1989).
- Lecturer in Economics, University of Bristol ((September 1982-August 1983).
- Lecturer, Shri Ram College, University of Delhi(August 1975-July 1977).


- Director, Delhi School of Economics (September 2008-August 2011).
- Head, Department of Economics, Delhi School of Economics (July 2003-June 2005).


- Visiting Professor, Hitotsubashi University (November 2015-February 2016).
- Visiting Professor, Hong Kong University of Science of Technology (2014-2015).
- Visiting Professor, Nanyang Technological University (Fall 2009).
- Visiting Professor, National University of Singapore (2005-06).
- Visiting Professor, University of Paris-2 (Summer 2006, Summer 2007).
Visiting Professor, University of Kobe (March 2004).
- Visiting Professor, University of New South Wales (May 2003).
- Visiting Professor, City University Hong Kong (Spring 2002).
- Visiting Scholar, Hong Kong University of Science of Technology (Spring 2001).
- Visiting Professor, University of St Andrews (October 1996).
- Visiting Professor, University of Illinois (Spring 1995).
- Visiting Professor, University of Washington (Summer 1991, Summer 1992).
- Visiting Assistant Professor, University of Illinois (1985-86).
- Visiting Assistant Professor, University of Michigan (1984-85).


- A.P.Thirlwall Fellow, University of Kent (2013).


- Editor, Indian Economic Review (1997-2007)).
- Co-Editor, Indian Economic Review (1994-1997).
- Member, Editorial Board, St. Petersburg Journal of Economic Studies (2017-).
- Member, Editorial Board, Arthaniti (2002-)
- Member, Editorial Board, India Macroeconomics Annual (2004-2012)
- Member, Editorial Board, Arthavignana (2004-)
- Member, Editorial Board,, Singapore Economic Review (2005-)
- Member, Editorial Board, Trade and Policy Review (2006-)
- Member, Editorial Board, Research in Financial Economics (2006-)


- Member, Advisory Board, Euro-Asia Forum in Politics, Economics and Business (2018-).
- Member, Scuola Fibonacci Scientific Board, University of Pisa (2012-).
- Member, External Advisory Board of University College Dublin''s Human Development
Initiative (HDI) (2008-).


- Member, Trade and Industry Advisory Committee, Ministry of Finance and the ADB to
ananlyse the reform process in India.
- Member, Ministry of Environment Committee on Trade and Environment.
- Member, Ministry of Finance Cmmittee to Review the Non-Bank Financial Companies.

- Consultant, World Bank 2012.
- Consultant WIDER, United Nations University 1994.
- Consultant WHO, 1998.
- Consultant, IDRC (Canada) 1998-2000.



- Invited Speaker, 24th EBES Conference, Bangkok, Jan 2018.
- Invited Speaker at Singapore Economic Review Conference, Aug 2017.
- Invited Public Lecture “Capital Flows to Emerging Markets”, St. Petersburg State University, Sept 2016.
- Keynote Speaker Trade and Development Workshop, Deakin University, Melbourne, Aug 2016.
- Plenary Speaker, Conference on Sustainable Development:: Society and Economy, St. Petersburg, April 2016.
- Invited Speaker at Singapore Economic Review Conference, Aug 2015.
- Invited Speaker at Singapore Economic Review Conference, Aug 2013.
- Invited Speaker, XXV Villa Mondragone Conference, Rome June 2013.
- Invited Speaker, Valdai Discussion Club, St. Petersburg, Oct 2012.
- Keynote Speaker, Asia-Pacific Economic Forum, Tehran Oct 2011.
- Invited Speaker at Singapore Economic Review Conference, Aug 2011.
- Invited Speaker Australian Development Economics Conference, Perth June 2011.
- Invited Speaker at Financial Modelling ,Queen Mary University London, April 2011.
- Keynote Speaker at Environment and Sustainability Conference, Exeter April 2011.
- Invited Speaker, Ist International Conference, Indian Institute of Foreign Trade, Dec 2008.
- Invited Speaker, Asia-Pacific Economies Conference, Monash University, Kuala Lumpur, Dec 2007.
- 3rd Atul Goswami Memorial Lecture, Omiyo Kumar Das Institute, Guwahati, May 2007.
- Keynote Speaker at World Employment Conference, Montreux, Switzerland, May 2004.
- Invited Speaker at Conference to launch the jjournal International Journal of Economic Theory, Tokyo March 2004.
- Keynote Speaker at DEGIT Conference Tilburg August 1999.


- “Convergence and Overtaking in a Dynamic Two Country Model”, Open Economies Review (28), 2017 [co-author Kojji Shimomura].
- “Unilateral Emission Cuts and Carbon Leakages in a North-South Trade Model”, Environment and Resource Economics (64), 2016.
- “Uncertain Lifetimes and Convergence in a Two-country Heckscher-Ohlin Model” Mathematical Social Sciences (78), 2015.
- “Impact of Climate Change on the Indian Economy:: Evidence from Foodgrain Yields” Climate Change Economics (5), 2015 [co-authors Shreekant Gupta and Suchita Srinivasan].
- “The Impossible Trinity and Krugman’s Balance of Payments Crisis Model” International Economics (38), 2014.
- “Capital Flows and Exchange Rates:: The Indian Experience” Indian Economic Review (48), 2013 [co-author Pami Dua].
- "Deregulation Shock in a Product Market and Unemployment" Journal of Economic Dynamics and Control (37), 2013 [co-authors Luisito Bertinelli and Olivier Cardi].
- “Capital Accumulation and Convergence in a Small Open Economy” Review of International Economics (24), 2013.
- “Privatization in a Small Open Economy with Imperfect Competition” Journal of Public Economic Theory (14) 2012. [co-author Arghya Ghosh].
- “Debt Policy in a Competitive Two-Sector Overlapping Generations Model”, Arthaniti (10) 2011.
- "Fixed Costs, the Balanced-Budget Multiplier and Welfare," Japanese Economic Review (60), 2009.
- "Transfers, the Terms of Trade and Capital Accumulation". Canadian Journal of Economics, 2009 [co-author Emily Cremers].
- "The Transfer Paradox in a One-Sector Overlapping Generations Model," Journal of Economic Dynamics and Control (32), 2008 [co-author Emily Cremers].
- “Developing Economies and the Environment:: The Role of Trade and Capital Flows,” Trade and Development Review (1), 2008.
- “Capital Inflows, Financial Repression and Macroeconomic Policy in India since the Reforms” Oxford Review of Economic Policy, 2007.
- “Population Growth and Steady State Welfare in an Overlapping Generations Model” Economic Letters, 2006.
- “Tariffs in a Ricardian Model with a Monopolistically Competitive Sector:: The Role of Nontradeables,” Review of International Economics, 2005.
- "Welfare-Improving Debt-Policy Under Monopolistic Competition" Journal of Economic Dynamics and Control, 2003.
- “Protection with Foreign-Owned Capital in a Monopolistically Competitive Model” Arthaniti (1), 2002.
- "Tariffs in a Dynamic Macro Model" Review of Development Economics (5), 2001.
- "Terms of Trade Deterioration and Welfare in Developing Economy with a Non-competitive Sector" Review of Development Economics (2), 1998.
- "Immiserising Growth in a Model of Trade with Monopolistic Competition", Review of International Economics (5), 1997.
- "The Possibility of Welfare Gains with Capital Inflows in a Small Tariff-ridden Economy", Economica, 1997 [co-authors Arghya Ghosh and Abheek Barman].
- "Investment in a Two Sector Dependent Economy", Journal of the Japanese and International Economies, 1995 [co-author Stephen Turnovsky].
- "Capital Subsidy and the Saving-Investment Correlation in a Model with Perfect Capital Mobility", Economics Letters (44), 1995.
- "The Possibility of Welfare Gains with Capital Inflows in a Small Tariff-ridden Economy", Economica, 1997 [co-authors Arghya Ghosh and Abheek Barman]. *
- "Investment in a Two Sector Dependent Economy", Journal of the Japanese and International Economies, 1995 [co-author Stephen Turnovsky].
- "Imported Input Price and the Current Account in an Optimizing Model without Capital Mobility", Journal of Economic Dynamics and Control (15),1991.
- "Fiscal Policy, the Current Account and Debt in an Open Economy", Oxford Economic Papers (43), 1991 [co-author Stephen Turnovsky].
- "Investment Tax Credit in an Open Economy", Journal of Public Economics (40), 1990 [coauthor Stephen Turnovsky].
- "Terms of Trade Shock and the Current Account in a Monetary Economy", Economica (57),1990.
- "Deterioration of the Terms of Trade and Capital Accumulation:: A Reexamination of the Laursen-Metzler Effect", Journal of International Economics (26), 1989. [co-author Stephen Turnovsky].
- "Tariffs, Capital Accumulation and the Current Account in a Small Open Economy", International Economic Review (30), 1989 [co-author Stephen Turnovsky].
- "A Semi-reduced Form Equation for the Sterling''s Efffective Exchange Rate", Economics Letters (18), 1985.


- “Monetary Policy, Capital Flows and the Exchange Rate” in C. Ghate (ed) The Handbook of the Indian Economy (Oxford University Press, New York), 2012.
- “North-South Trade, Capital Flows and the Environment” in Encyclopaedia of the Life Support Systems (UNESCO and EOLSS), 2004.
- "Saving, Investment and the Current Account", in F. van der Ploeg (ed), The Handbook of Open Economy Macroeconomics, (Basil Blackwell), 1994.


- “Convergence in a Three Factor Dynamic Model:: Finite Versus Infinite Lives” in Sugata Marjjit and Rajjat Acharyya (eds) Trade, Globalization and Development:: Essays in Honour of Kalyan Sanyal (Springer-Verlag) 2013.
- “Singapore’s Exchange Rate Policy:: An Evaluation” in Peter Wilson (ed) The Singapore Economy (World Scientific) 2011.
- “Tobin’s “Keynesian Models of Recessions and Depression” Revisited” in Laixun Zhao and Takashi Kamihigashi (eds) International Trade and Economic Dynamics:: Essays in Memory of Kojji Shimomura (Springer-Verlag) 2009.
- “Population Growth and Welfare:: A Re-examination” in Dipak Basu (ed) Advances in Development Economics (World Scientific) 2009.
- “Capital Flow Volatility and Exchange Rates:: The Case of India”, Macroeconomic Management and Government Finances, Asian Development Bank (Oxford University Press) 2009 [co-author Pami Dua].
- “Environmental Consequences of Trade Liberalization in a Small Open Economy with Monopolistic Competition”, in S.Mitra and A.Sinha (eds.), Economic Development, Climate Change, and the Environment, 2006, (Routledge) [co-author Arghya Ghosh].
- "Greener Taxes, Freer Trade? Environmental Policy and Tariff Reduction in a Second-best World" (with Sjjak Smulders) in L.Marsilini, M.Rauscher and C.Withagen (eds) Environmental Economics and the International Economy (Kluwer) 2002.
- “The Exchange Rate Since Liberalization and Issues in Capital Account Convertibility” in Raghabendra Jha (ed) Ten Years of Indian Reforms (ANU Press) 2002 .
- "Asset Bubbles in a Monopolistically Competitive Macro Model" in H. Klok, T. Van Schaik,and S. Smulders (eds), Economologues, Liber Amicorum voor Theo van de Klundert, (Katholieke Universiteit Brabant) 2001.
- "Financial Sector Reform in India" in M.Tsurumi (ed) The Financial Big Bang in Asia, (Ashgate) 2001.
- "Lessons from Trade Theory for Environmental Economics" in D. Tussie (ed) The Environment and International Trade Negotiations:: Developing Country Stakes, (Macmillan) 1999.
- "Environment Policies and North-South Trade:: A Selected Review of the Issues", in V. Bhaskar and A Glyn (eds), The North, the South and the Environment, (Earthscan),1995.


- "The General Theory--A Second Edition" G.C.Harcourt and P.A.Riach (eds)(Routledge 1997)in the Economic Journal 109, F789-F791 (1999).
- Comment on “Some New Perspectives on India’s Approach to Capital Account Liberalization” by E. Prasad in India Policy Forum 2009.
- Comment on “Inflation Targetting in India” by S. Chand and K. Singh in India Policy Forum 2006.
- India’s Current Account Woes:: An Attempt to Clarify. Economic and Political Weekly October 5, 2013.
- The Case against Rushing into Full Capital Account Convertibility. Economic and Political Weekly May 13, 2006.
- Flawed Analytics Economic and Political Weekly January 14, 2006.
- Modelling of Capital Flows and Foreign Exchange Reserves in India---Some Further Comments, Economic and Political Weekly July 9, 2005.
- India’s Foreign Exchange Reserves:: An Embarrassment of Riches --- HD Parekh Finance Forum, Economic and Political Weekly May 14, 2005.
- Modelling Foreign Capital Inflows and Fiscal Deficits ---Some Observations, Economic and Political Weekly October 2, 2004.
- The Real Exchange Rate, Fiscal Deficits and Capital Account Liberalisation --- Some Sceptical Observations, Economic and Political Weekly February 7, 2004.

Professional / Academic Affiliations

- Centre for Development Economics, Delhi School of Economics, Delhi
- CESifo, Munich