Indian Economist
Birth
Arvind Subramanian was born on 7thJune 1959 in Chennai, the capital city of TamilNadu.
Personal life
Arvind Subramanian had married Parul. He has an interest in Indian classical and Western music. He has an elder brother Mr.V.S Krishnan who was the former Indian Revenue Officer. Also, his brother was a member in the Central Board of Excise and Customs.
Education
Arvind Subramanian completed his high school education at DAV Boy’s Senior Secondary School which is located in Chennai. From the St. Stephen’s College, he got his B.A (Hons.) Economics degree in Delhi. He had done his post graduation in MBA from the Indian Institute of Management in Ahmadabad. On an Inlaks Scholarship from the University of Oxford, he got the M.Phil and the D.Phil Degrees.
Earlier life of Arvind Subramanian
Arvind Subramanian had done his work as an Assistant Director for the Research Department of the International Monetary Fund. At the International Monetary Fund, he worked with Raghuram Rajan (was the former Governor of Reserve Bank of India) as a development economist. During the year 1988 to 1962, he made his service at GATT (General Agreement Tariffs and Trade) at the Uruguay Round of Trade negotiations.
He was the senior fellow at the Dennis Weatherstone. From the period of 1999 to 2000, he has tutored as a visiting lecturer in public policy at Harvard University’s Kennedy School of Government. Later from 2008 to 2010, he worked in the Johns Hopkin’s Paul H.Nitze School of Advanced International Studies.
India’s Chief Economic Advisor
He got the appointment as the Chief Economic Adviser (CEA) for the Government of India in October 2014, in place of Raghuram Rajan. In 2017, Arvind Subramanian got the extension after the completion of three year term. But Arvind Subramanian had to quit from his tenure due to the family commitments. Moreover, Arun Jaitley (then Finance Minister of India) added Arvind Subramanian with deliberating the Jan Dhan-Aadhar-Mobile trinity which is the database of citizens to get the public advantages. He worked as the CEA from the 16th October 2014 to 20th June 2018. Arvind Subramanian joined back the Harvard University’s Kennedy School of Government after his resignation. After Arvind Subramanian made his resignation, Krishnamurthy Subramanian took his position as CEA.
Arvind had a key role to introduce the annual Economic Survey of India, before the submission of the Union budget in the Government of India. In the past, more than the Government targets, he was one to state the quick implementation of the GST, quicker decrease in the deficit and fast subsidy changes. He is the one to introduce the change the data presentation using the surveys to access them clearly and make them visible to more people.
Arvind Subramanian’s writings
Arvind Subramanian had made several publications and written essays on the topics development, oil, India, organizations, World Trade Organization (WTO) and growth. In the journals like Journal of Public Economics, Journal of International Economics, Journal of Economic Growth, Review of Economics and Statistics, Economic Review, International Monetary Fund Staff Papers, Political Weekly, Foreign affairs, Economic and Political Weekly and Oxford Review of Economic Policy, he published his works. Arvind Subramanian gives his contributions to the Financial Times regularly. He is also the writer of the India’s financial daily Business Standard. Then many of the journals and books like Wall Street Journal and Financial Times have cited the name of Arvind Subramanian.
Opinion of Arvind Subramanian in 2013
Arvind Subramanian, when he was a Senior Fellow from Peterson Institute for International Economics stood in front of the United States House Committee on Ways and Means to hear on the Trade relations of U.S India. This took place on March 2013, where he made a comment that on depriving against the companies and exporters of India, US enterprise do apply the pressure in India to open up.
Books of Arvind Subramanian
He was the writer of the book India’s Turn: Understanding the Economic Transformation that was published in 2008. In this book, he had made a discussion of the economic growth and the unity of India with reference to the economy of the world. This book talks about the India’s growth recently and future. Then he had written on the India’s unity with the World economy in terms of trade of goods and the flow of capital. This book of Arvind Subramanian suggests the ideas about policies to the policy makers of India.
In September 2011, he was the author to publish his book Eclipse: Living in the Shadow of China’s Economic Dominance. Arvind states that China has become supreme in finance and trade. Then he compares China with the other two economic superpower of the world in this book. He had also given his idea on how the changes would occur in the world economy when there is a change in China’s economy.
In 2012, he became the co-author for the book “Who Needs to Open the Capital Account?” along with Olivier Jeanne and John Williamson. This book talks about the financial crisis around the world. This book tells how the capital account changes with the financial crisis.
Achievement of Arvind Subramanian
Arvind Subramanian’s was listed in the top 100 global thinkers of the world in the year 2011, by the “Foreign Magazine”.