About the Author
Partha Ray is currently Adviser to the Executive Director (India, Bangladesh, Sri Lanka and Bhutan) at the International Monetary Fund, Washington D.C. For more than a decade he, as an economist at the Department of Economic Analysis and Policy, Reserve Bank of India, has been involved with applied economic research with policy content. He also has been associated with a number of official committees on policy matters. Educated in Kolkata, Mumbai and Oxford, he has published extensively on issues related to banking and monetary policy in professional journals in India and abroad. He taught economics to undergraduate students in RBC College, University of Kolkata during 1987-89.