Pulapre Balakrishnan is currently Professor of Economics at Ashoka University. He was educated in Moscow, Madras and New Delhi, and trained as an economist at University of Oxford and University of Cambridge. His published work spans the inflationary process in the Indian economy, productivity growth in manufacturing, the macroeconomics of the transition to a market economy in Ukraine, agricultural involution in Kerala and economic growth in India. He has written in professional journals and is the author of books like Pricing and Inflation in India (OUP India, 1991) and Economic Growth in India: History and Prospect (OUP India, 2010). Balakrishnan has held appointments at the University of Oxford, the Indian Statistical Institute (Delhi Centre) and the Indian Institute of Management (Kozhikode). He has served as Country Economist for Ukraine at the World Bank, and been a consultant to the International Labour Organisation, the Reserve Bank of India and the United Nations Development Program. He has for over two decades participated in the public discourse on India’s economy via his popular writings. He is a recipient of the Malcolm Adiseshiah Award for Distinguished Contribution to Development Studies (2014).
What lowered inflation in India: monetary policy or commodity prices?