Ashoka Mody (born 14 January 1956)[1] is an American economist. He is the Charles and Marie Robertson visiting professor in international economic policy and lecturer in public and international affairs at the Princeton School of Public and International Affairs.[2]

Ashoka Mody
Born (1956-01-14) 14 January 1956 (age 67)
Academic career
InstitutionPrinceton University
FieldEconomics - emerging markets' access to foreign capital
Alma materIIT Madras (BTech)
Centre for Development Studies (MPhil)
Boston University (PhD)
Information at IDEAS / RePEc

Education Edit

Mody studied Electronics at the Indian Institute of Technology at Madras. After his B.Tech. (1978) he switched fields and obtained a M.Phil. in Applied Economics at the Centre for Development Studies in Trivandrum 1979, where he worked as a Research Associate until completing his PhD in Economics from Boston University in 1986.[3]

Career Edit

He briefly joined AT&T Bell Laboratories as a member of their technical staff before joining the World Bank where he worked from 1987 to 2003. In 1997/1998, Mody was a visiting professor of public policy at the Wharton School. From 2001 until his retirement, Mody was the assistant director of the International Monetary Fund's European Department. He is opposed to fiscal austerity as a means to resolve credit crises.[4]

He was the chief IMF representative to Ireland during Ireland's troika bailout. Mody was critical of the troika for severity of the austerity regime enforced on Ireland. He was also critical of the Irish Government's lack of solidarity with other indebted EU nations and claimed that Irish Finance Minister Michael Noonan "blew it" by siding with the troika in 2015, when a debt reduction might have been reached.[5] Mody noted in 2018 that Ireland's heavy exposure to U.S. multinationals for its business model would be a problem post the Tax Cuts and Jobs Act of 2017 reforms.[6]

He is also affiliated with Bruegel in Brussels.[7]

Attempt on Mody's life Edit

In October 2009 as Mody returned to his home in Bethesda, Maryland when he was shot multiple times whilst in his car by a masked gunman who then fled on foot. Police issued an arrest warrant for Mohau Mercy Mathibe who worked for a trial period at the IMF under Mody.[8][9] The assailant was suspected to be denied a promotion, leaving him embittered enough to commit the crime.[10]

Personal life Edit

Mody is married and has two children.[8]

Bibliography Edit

  • Mody, Ashoka (2014). Foreign Direct Investment and the World Economy. Routledge. ISBN 978-0415654876.
  • Mody, Ashoka (2018). EuroTragedy: A Drama in Nine Acts. OUP USA. ISBN 978-0199351381.
  • Mody, Ashoka (2023). India Is Broken A People Betrayed, Independence to Today. Redwood City: Stanford University Press. ISBN 978-1-5036-3422-0. OCLC 1354208737.

See also Edit

References Edit

  1. ^ "Mody, Ashoka". Library of Congress. Retrieved 20 November 2014. data sheet (b. 1/14/56)
  2. ^ "Profile: Ashoka Mody". Woodrow Wilson School of Public and International Affairs, Princeton University. Princeton University. Archived from the original on 2 December 2014. Retrieved 20 November 2014.
  3. ^ "Biography: Ashoka Mody". Woodrow Wilson School of Public and International Affairs, Princeton University. Princeton University. Retrieved 20 November 2014.
  4. ^ Newenham, Pamela; Crosbie, Judith (22 July 2013). "IMF distances itself from Ashoka Mody comments on Ireland". The Irish Times. Retrieved 20 November 2014.
  5. ^ "Noonan dismisses Ashoka Mody comments on debt writedown". Irish Times. 16 February 2015.
  6. ^ "Warning that Ireland faces huge economic threat over corporate tax reliance - Troika chief Mody says country won't be able to cope with changes to tax regime". Irish Independent. 9 June 2018.
  7. ^ "Profile: Ashoka Mody". The Guardian. Retrieved 20 November 2014.
  8. ^ a b Morse, Dan (9 October 2010). "Man shot in garage identified as IMF economist". Washington Post. Retrieved 20 November 2014.
  9. ^ Davis, Bob (5 January 2010). "IMF worker sought in attack". Wall Street Journal. Retrieved 20 November 2014.
  10. ^ Datta, Kanika (20 January 2023). "Why economist Ashoka Mody feels India needs to rethink its priorities". Retrieved 21 January 2023.

External links Edit