Nilanjan Banik

Ph.D. in Economics, Utah State University, USA, Spring 2005

MA in Economics, Delhi School of Economics, India, 1997

B.Sc. (Honors) in Economics, Calcutta University, India, 1995

Nilanjan Banik

PhD (Utah State University); M.A.(Delhi School of Economics)
Email: nilbanik@gmail.com

Academic Position

Current:
Professor, Bennett University, India. (July, 2016-Present).

Past:
Associate Professor, Mahindra Ecole Centrale, India (February, 2014-June, 2016).
Advisor, Commission of Inquiry, Government of Telangana (March, 2015-September,2016).
Fellow, CUTS International (November, 2013-July,2015).
Consultant KPMG (September, 2014-July, 2015)
Visiting Professor Woxsen School of Business, Hyderabad (Fall, 2015)
Visiting Professor, IIM Nagpur (Fall, 2015)
Professor, Institute for Financial Management and Research (IFMR), India (April, 2012 - July 2013)
Associate Professor, IFMR, India (April, 2007 to March, 2011)
Assistant Professor, IFMR, India (January, 2006 to March, 2007)
Assistant Professor, Madras School of Economics (MSE), Anna University, India (July, 2005 – December, 2005)

Academic Research

Prof. Banik works focus on the application of time series econometrics in issues relating to international trade, market structure and development economics. Besides, time series econometrics his other area of work focuses on the `rules' part of WTO; especially examining the non-tariff barriers aspect of GATT/WTO agreements.
Prof. Banik has project experience with Australian Department of Foreign Affairs and Trade, Australia; Laffer Associates, USA; Ministry of Commerce, Government of India; Research and Information System for Developing Countries (RIS), New Delhi; Indian Council for Research on International Economic Relations (ICRIER), New Delhi;Center for Economic Policy Research, UK; Asian Development Bank Institute, Tokyo; Asian Development Bank, Manila; South Asia Network of Economic Research Institutes (SANEI); UNESCAP-ARTNeT, Thailand, Australia India Institute, University of Melbourne; and World Trade Organization, Geneva.
He has teaching experience with Utah State University, USA; University of Durham, UK; University of Greenland, Nuuk; Institute for Financial Management and Research, Chennai; Indian Institute of Management (Indore, Rohtak, and Ranchi); Madras School of Economics; and Reserve Bank Staff College, Chennai. He has also provided training for lateral recruits for Union Public Service Commission and ICICI Bank.
Prior to joining the Graduate Program in the Department of Economics, Utah State University, Professor Banik has worked as a Research Officer with Rajiv Gandhi Foundation, New Delhi and Senior Business Analyst with DTA Consultancy Firm, New Delhi.
He has publication in International Review of Economics and Finance, Review of Development Economics, Development Policy Review, Journal of World Trade, Asia Pacific Trade and Investment Review, Asian Development Bank Working Paper, Economic and Political Weekly, Foreign Trade Review, etc. He has contributed in edited volume with publisher, like, Elsevier, Springer Verlag, Routledge, etc. He also has the distinction of writing editorials for all English dailies in India, and has written over 150 editorials.

Journal Articles

Selected Publications

Newspaper Articles

Selected Popular Writing

As India's Economic Indicators Slump, FDI Inflows Have Never Looked Better. Why?
The Wire, 21 June 2017

Drug Costs: Patent Delinkage No Panacea
Financial Express, 01 June 2017

When it Comes to One Belt One Road, Should We Fight or Learn from China?
The Wire, 10 May 2017

Curricular Scan
Times of India, 15 May 2017

Decoding the Agony of Indian Farmer
The Wire, 25 April 2017

War, Economy, and the People
Millennium Post, 25 April 2017

Toilet is Far from Being a Prem Katha
Times of India, 20 April 2017

Will Trump Change Track?
Economic Times, 18 February 2017

India's Budget and the Macro Puzzle
Times of India, 1 February 2017

If You Also Had These Questions About the Budget, Here Are the Answers
Swarajya, 2 February 2017

Budget Must Provide More Funds to Poor
Kashmir Times, 30 January 2017

Clarity Begins at Home
Economic Times, 17 January 2017

The Economic Factors Behind the Trump Triumph
The WIRE, 10 November 2016

Cashing in on Demonetisation
Financial Express, 30 November 2016

India's Demonetization: Time for a Digital Economy
The Diplomat, 1 December 2016

Asia's Pharma Investment Shows the Benefit of Patent Protection
Wall Street Journal, 17 August 2016

The Real Reasons Why Swachh Bharat Is Floundering May Surprise You
Huffington Post, 12 August 2016

Election Freebies Are Generating Public Debt, but Voters Don't Seem to Care
The WIRE, 17 May 2016

Patents Don't Affect The Prices Of Medicines As Much As We Think They Do
Huffington Post, 16 May 2016

Injecting Innovation into Indian Pharma
The Hindu Business Line, 5 May 2016

India Needs More Tie-Ups to Boost Pharma Sector
The Financial Express, 4 May 2016

As Global Trade Slows, India Needs to Start Firing on All Cylinders
The WIRE, 8 April 2016

Why is 'Clean India' Losing Steam?
The Diplomat, 9 February 2016

India Looks to Improve African Health
Business Day BDlive, 01 December 2015

Investing in Health Will Help Indians and Africans, and Cure India's Ailing Exports Too
The WIRE, 28 November 2015

HOW LOWER TARIFFS CAN SAVE LIVES
The Wall Street Journal (10 November 2015)

AMONG REPEAT CANDIDATES IN BIHAR POLLS, FINANCIAL ASSETS GROW 24.4%
CATCHNEWS (8 November 2015))

TARIFFS ON MEDICINE IS A SICK IDEA
The WIRE (18 October 2015)

Payment Banking - A Way Forward for Financial Inclusion
Business World (21 August 2015)

The Present Greek Crisis in Perspective
Business World (6 July 2015)

Government Intervention Yes, but Target it Better
Financial Express, 28 April 2015

Seeds of Farmer Suicide
Financial Express, 11 May 2015

To Make in India, Look East
The Diplomat, 5 May 2015

Why Budget FY16 Makes Sense
Financial Express

What Defines a Good Budget
Market Express

BIMSTEC CAN BE A GLOBAL MANUFACTURING HUB
Business World

How much of an onus is PMJDY on Indian Banks
Market Express

The G20 must find a growth strategy
financialexpress

For a Cleaner India
financialexpress

Making the "Make in India" Brand
marketexpress

Increase the base, not the rate (Financial Express)
http://www.financialexpress.com/news/increase-the-base-not-the-rate/1080806/4#

The present growth crisis in perspective
http://www.thehindubusinessline.com/opinion/article3862398.ece

Is Rupee the real culprit for India's exports slowdown
http://in.reuters.com/article/2008/04/03/idINIndia-32833120080403

RBI's move unlikely to calm inflationary trend
http://in.reuters.com/article/2008/04/29/idINIndia-33299720080429

Textiles policy indifferent to languishing mill sector
http://www.expressindia.com/fe/daily/20001110/fco10063.html

Export growth this fiscal mask serious distortions
http://www.adcept.net/?redir=frame&uid=www541a97bc2e1a88.47761816

Coping with a World without QR
(The Economic Times)

India and the Post-Seattle Agenda
(The Economic Times)

Bound rates and the Safeguards Provisions
(The Economic Times)

Non-tariff barriers and the millennium round
(The Economic Times)

Strategies for Cement
(The Economic Times)

Antidumping Duties - Handle with Care
(The Economic Times)

Only Competition is Worth Fighting For
(The Economic Times)

Banned goods find outlet in LDCs
(The Economic Times)

Misuse of quota allocations under MFA
(The Economic Times)

Hedging in Risky Markets, with Beta
(The Economic Times)

An Inedible Course to Run
(Business Today)

School for Scandal
(Business Today)

Rickety Regulations
(Business Today)

Agro-symphony may go to seed
(Hindustan Times)

Bottles Up
(Hindustan Times)

The Telecom Tangle
(The Sunday Pioneer)

Lesson from Microsoft
(Indian Express)

Opportunity or Menace
(Indian Express)

Liberalization: The Mantra for Progress
(The Statesman)

States Feel the Heat of WTO
(Deccan Chronicle)

India Enters the Global Bazaar
(Deccan Chronicle)

Seeing through the illusion of Progress
(The Telegraph)

Export Sops are Skin Deep
(The Telegraph)

No Charge from the Populist Brigrade
(The Telegraph)

How to stop going about a vicious circle
(The Telegraph)

India Beckons Foreign Car Makers
(Financial Express)

How the EFC Formula Works
(Business Standard)

Working Papers

Recent Publication

Farmer Suicides in India and the Weather God
http://www.nilanjanbanik/workingpaper/UNESCAP_Working_Paper.pdf

Demand for Household Sanitation in India using NFHS-3 data
http://www.nilanjanbanik/workingpaper/Durham_University_Working_Paper.pdf

Pharmaceutical tariffs, trade flows and emerging economies.
http://www.nilanjanbanik/workingpaper/Tariffs-on-medicines.pdf

Demand for Household Sanitation: The Case of India
http://www.nilanjanbanik/workingpaper/UNESCAP_Paper.pdf

The Red Corridor Region of India: What Do the Data Tell Us?
http://www.nilanjanbanik/workingpaper/Paper_Red_Corridor_Paper.pdf

The G-20: Challenges and Opportunity Ahead
http://www.nilanjanbanik/workingpaper/G20_Paper.pdf

India-ASEAN Free Trade: The Untapped Potential
http://www.nilanjanbanik/workingpaper/ASEAN_FTA_Paper.pdf

Global Value Chain: Reframing the Case for India
http://www.nilanjanbanik/workingpaper/global_value_chain_paper.pdf

The Dynamics of Income Growth and Poverty: Evidence from Districts in India By, Anurag Narayan Banerjee, Nilanjan Banik, and Jyoti Prasad Mukhopadhyay
http://www.dur.ac.uk/resources/dbs/research-papers/Paper-AB-NB-JY.pdf

Is India Shining ? Durham Business School Working Paper Series WP 2011-11.
http://www.dur.ac.uk/resources/dbs/faculty/working-papers/WP2011-11--IsIndiaShinging.pdf

The Indian Economy

A Macroeconomic Perspective

Description

This book is about how macroeconomics work for a developing country like India. In India, the standard practice has been to teach macroeconomics using textbooks that are written in context of the developed economies such as Western Europe and Northern American economies. These books put more emphasis on macroeconomic theories without explaining much about how macroeconomics really works. The way economy works for a developing country like India is different and certainly needs a different treatment. This book fill in this void. It is a great book to have for any aspiring student preparing for a competitive exam such as UPSC, any MBA student, and in general for anyone who is willing to understand how economics work. Must read.

Author / Editor

Nilanjan Banik

Nilanjan Banik is PhD in economics from Utah State University, and MA in economics from Delhi School of Economics. His works focus on the application of time series analysis in issues relating to international trade, market structure, and development economics. Nilanjan has project experience with Australian Department of Foreign Affairs and Trade, Australia; Laffer Associates, USA; Ministry of Commerce, Government of India; Research and Information System for Developing Countries (RIS), New Delhi; Indian Council for Research on International Economic Relations (ICRIER), New Delhi; Centre for Economic Policy Research, UK; Asian Development Bank Institute, Tokyo; Asian Development Bank, Manila; South Asia Network of Economic Research Institutes (SANEI); UNESCAP-ARTNeT, Thailand, and World Trade Organization, Geneva.
At present, he is associated with Bennett University, India. In the past, he was, Professor and Program Director with the Institute for Financial Management and Research (IFMR), Chennai. He has been on the faculty at Utah State University, USA; University of Durham, UK; University of Greenland, Nuuk; Mahindra Ecole Centrale, Hyderabad; IFMR, Chennai; Indian Institute of Management (Indore, Nagpur, Rohtak, and Ranchi); Madras School of Economics; and Reserve Bank Staff College, Chennai. He has also provided training for lateral recruits for Union Public Service Commission and ICICI Bank.
He has published with several leading journals in addition to contributing to edited volumes. He also has the distinction of writing editorials for all English dailies in India and has written over 150 editorials.

Get In Touch

Nilanjan Banik
Professor, Bennett University, India
Email: nilbanik@gmail.com
Phone: +91 9703302244
Postal Address: Bennett University, 3rd Floor, 'B' Wing, Times Centre,
FC6, Film City, Sector 16A, Noida 201301, India.

Contact details

+91 09703302244

nilbanik@gmail.com

www.nilanjanbanik.in

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