Mihir Rakshit

2016: Atul Chandra Gupta Distinguished Alumnus Award 2016, Presidency Alumni Association Calcutta.

Financial Crisis and Liquidity Trap: Some Theoretical and Policy Perspectives, in S Mahendra Dev and P. G. Babu (eds.), Development in India Micro and Macro Perspectives (Springer, 2015).

Research in Social Sciences: Availability and Utilization of Resources, in M. V. Nadkarni and R. S. Deshpande (eds.), Social Science Research in India: Institutions and Structure (Academic Foundation, 2012)

Budgetary Rules and Plan Financing: Revisiting the Fiscal Responsibility Act, in Public Economics Theory and Policy: Essays in Honor of Amaresh Bagchi (Sage, 2010)

India's Macroeconomic Puzzles, in K L Krishna and A Vaidyanathan (eds.), Institutions and Markets in India's Development: Essays For K.N. Raj (OUP, 2007)

Budget Deficit: Sustainability, Solvency and Optimality, in Amaresh Bagchi (ed.), Readings in Public Finance (OUP, 2005).

Some Macroeconomic Aspects of Foreign Trade: A Structuralist Perspective, in Sajal Lahiri and Pradip Maiti (eds), Economic Theory in a Changing World: Policymaking for Growth (OUP, 2005)

Globalisation of Capital Market: Some Analytical and Policy Issues, in Servaas Storm and C. W. M Naastepad (eds.), Globalisation and Economic Development: Essays in Honour of J.George Waardenburg (Edward Elgar Publishing, 2001)

On the Inflationary Impact of Budget Deficit, in Deena Khatkhate (ed.), Money & Finance: Issues, Institutions, Policies (Orient Longman, 1998)

1997: UGC Swami Pranavananda Saraswati National Award, University Grants Commission of India

Development Economies: A Synoptic View, introductory chapter of Sukhomoy Chakravarty, Writings on Development (OUP, 1997)

Money, Credit and Government Finance in a Developing Economy, in A. Bose, M. Rakshit and A. Sinha (eds.), Issues in Economic Theory and Public Policy: Essays in Honour of Professor Tapas Majumdar (OUP, 1997)

1996: Dr. Satyendranath Sen Memorial Lectureship Medal was conferred to Mihir Rakshit by The Asiatic Society.

Issues in Structural Adjustment of the Indian Economy, in Edmar L. Bacha (ed.), Economics in a Changing World: Development, Trade and the Environment (Macmillan, 1994)

Trade and Exchange Rate Policy with a Binding Foreign Exchange Constraint, in Pranab Bardhan, Mrinal Dutta-Choudhuri and T.N. Krishnan (eds.), Development and Change: Essays in Honour of K.N.Raj (OUP, 1993)

Aspects of Foreign Trade in a Developing Economy, in Ashok Guha (ed.), Economic liberalization, industrial structure, and growth in India (OUP, 1990)

Some Macroeconomies of India's Reform Experience, in Kaushik Basu (ed.), Kaushik Basu (ed.), India's Emerging Economy: Performance and Prospects in the 1990s and Beyond (MIT Press, 2004)

Effective Demand in a Developing Economy: Approaches and Issues, in Mihir Rakshit (ed.), Studies in the Macroeconomics of Developing Countries (OUP, 1989)

The Analytical Framework of Keynes, in Krishna Bharadwaj and Sudipta Kaviraj (eds.), Perspectives on Capitalism Marx, Keynes, Schumpeter and Weber (Sage,1989)

Underdevelopment of Commodity, Credit and Land Markets: Some Macroeconomic Implications, in Mihir Rakshit (ed.), Studies in the Macroeconomics of Developing Countries (OUP, 1989)

Uses and Abuses of Instruments for Resource Mobilization: The Indian Experience, in Robert E.B. Lucas and Gaustav F. Panpanek, The Indian Economy: Recent Development and Future Prospects (Westview Press, 1988)

Rakshit joined Presidency College, Calcutta, as Professor of Economics in 1965 and was there for a long time, before joining Indian Statistical Institute Calcutta in 1992. During 1991-92, he was SBI Chair Professor of The National Institute of Public Finance and Policy (NIPFP). He had also taught at Delhi School of Economics as visiting faculty long back in nineteen seventies, and taught at Erasmus University Rotterdam in early nineties.

Mihir Rakshit (born 1 July 1936) is an Indian economist, known for his work on fiscal, monetary and other policy, especially issues that concern developing economies. Originally from Chittagong, which is now in Bangladesh, he did his graduation from Presidency College, Calcutta and post-graduation from the University of Calcutta. He taught at the departments of Economics of The University of Calcutta, The University of Burdwan, Presidency College Calcutta, and Indian Statistical Institute Calcutta, as faculty. He also taught at Delhi School of Economics and Erasmus University Rotterdam, as visiting faculty. He served the Reserve Bank of India for two terms as a member of its central board of Directors. He was Editor-in-chief of the open access quarterly journal Money and Finance published by ICRA Limited from 1997 to July 2016.