Topic: Monetary policy and its Macroeconomic

effects

Date: August 12, 2011

Speaker Profile :

Dr. Susant Mallick is presently an Associate Professor in International Finance in the department of Management and Business Studies at Queen Mary University of London. In his rich research career, Dr. Mallick has been a part of many reputed international organizations. To name a few:

• Royal Institute of International Affairs, London.
• As “Sovereign Research Analyst” covering Asian Emerging Market at JP Morgan Chase, Hong Kong.

His main research interests include issues in international economics and finance. He has several research articles in reputed International referred journal to his credit.

Details:

Dr. Susant Mallick in his interaction with the students of MBA, discussed about the macroeconomic effects of monetary policy in India. Dr. Mallick also spoke about the shocks to the Indian economy and the challenges that India faces in correcting its economy’s glaring distortions.

As India’s GDP is strongly affected by our monetary policy and domestic inflation by exchange rate shocks, Indian economists need to gain control over the volatility of our financial flows to facilitate the trade-off between price stability and stability of nominal exchange rates.

Adding to the students’ understanding of the monetary policies of India, Dr. Mallick articulated some major challenges faced by Indian economists in an international content, stressing on the changes observed in India’s forex reserves and international reserves that have contributed to the volatility of the exchange rate.

Dr. Mallick’s lecture helped the students tremendously in gaining a more holistic understanding of our nation’s economic scenario and in appreciating the working of the monetary policy in an economy.