Ashoka Mody, a former mission chief for Germany and Ireland at the International Monetary Fund, is currently Visiting Professor of International Economic Policy at the Woodrow Wilson School of Public and International Affairs, Princeton University.
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Ashoka Mody
Ashoka Mody is Charles and Marie Robertson Visiting Professor in International Economic Policy at the Woodrow Wilson School, Princeton University. Previously, he was Deputy Director in the International Monetary Fund’s Research and European Departments. He was responsible for the IMF’s Article IV consultations with Germany, Ireland, Switzerland, and Hungary, and also for the design of Ireland's financial rescue program. Earlier, at the World Bank, his management positions included those in Project Finance and Guarantees and in the Prospects Group, where he coordinated and was principal author of the Global Development Finance Report of 2001. He has advised governments worldwide on developmental and financial projects and policies, while writing extensively for policy and scholarly audiences.
Commentaries by Ashoka Mody
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Misreading the Global Economy
PRINCETON – In April 2010, the International Monetary Fund’s World Economic Outlook offered an optimistic assessment of the global economy, …
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Rolling the Dice in Cyprus
PRINCETON – The task was never going to be an easy one: impose losses worth about €5.8 billion ($7.5 billion) on lenders to the Cypriot gove…
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A Rest Stop for Europe
PRINCETON – Last week, in a highly anticipated speech, German President Joachim Gauck cautioned against the blind pursuit of an “ever-closer…
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A Post-Growth World?
PRINCETON – In a provocative recent paper, Robert Gordon of Northwestern University concludes that the rate of technological progress has sl…
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A Breach in the Eurozone Dike
PRINCETON – While all eyes have been on the European periphery, has the core been cracking? The Bundesbank has lowered its forecast for Germ…
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Greece’s Bogus Debt Deal
PRINCETON – The process of official forgiveness of Greek debt has begun. Referred to as “official sector involvement” (OSI), it includes sev…
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Missing Growth Multipliers
PRINCETON – In April 2010, when the global economy was beginning to recover from the shock of the 2008-2009 financial crisis, the Internatio…
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The Eurozone’s Narrowing Window
PRINCETON – Portuguese authorities recently made a preemptive offer to their country’s creditors: Instead of redeeming bonds maturing in Sep…
Rolling the Dice in Cyprus
Carol Maczinsky: Cyprus absolutely enjoys a right of national suicide. In states of emergency you are not expected to negotiate like an oriental trader but accept a gracious deal. No other nation can be blamed for the…
Rolling the Dice in Cyprus
Roman Bleifer: Cypriot banks have nothing to save. If in fact - they are bankrupt. Depositors with the maximum possible speed of them will bring their (remaining) money. Extinguish the fire will not help either 16 b…