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Major Activities

Malcolm Adiseshiah Award / Elizabeth Adiseshiah Award
Best Teacher in Economics Award
Grants to Institutions
Grants to UG Colleges
Grants to Research Projects
Workshop for Research Scholars
Training Programmes
Other Programmes


C P Chandrasekhar


Centre for Economic Studies and Planning

School of Social Sciences

Jawaharlal Nehru University

New Delhi 110 067.

Tel. (H): 26196157; 26198451

Tel. (O): 26704421; 26611235

Mobile: 9810159484; Fax: 26611764

E-mail: cpc@vsnl.com


Indian School Cert. Examination - (1970), Montford Boys' High School, Yercaud, Tamil Nadu.

B.Sc. (Physics) - (1973), Loyola College, University of Madras.

M.A. (Economics) - (1975), Centre for Economic Studies & Planning, Jawaharlal Nehru University, New Delhi

Ph.D. (Economics) – (1981), Jawaharlal Nehru University, New Delhi.


Research Associate, Centre for Development Studies, Trivandrum - January 1977-June 1979

Assistant Professor, Centre for Economic Studies & Planning, Jawaharlal Nehru University, New Delhi - July 1979-September 1983.

Executive Editor, Deccan Herald group of newspapers, Bangalore - October 1983-September 1985.

Senior Consultant, Bureau of Industrial Costs & Prices, Ministry of Industry, Government of India, New Delhi - October 1985-September 1986

Associate Professor, Centre for Economic Studies & Planning, Jawaharlal Nehru University, New Delhi - October 1986-September 1997.

Lecturer, Department of Economics, School of Oriental & African Studies, University of London - Sept. 1991 - Oct. 1992.

Professor, Centre for Economic Studies & Planning, Jawaharlal Nehru University, New Delhi - October 1997


1. "Implications of the Multi-Fibre Policy for the Cotton Textile Industry", co-authored with Mridul Eapen. Study submitted to the Dagli Committee on Price and Distribution Controls, published in the Economic & Political Weekly, 30 September 1978.

2. "Transfer Pricing in the Indian Drug Industry: An Estimate and its Implications", co-authored with Prabir Purkayastha, Social Scientist, January 1982.

3. “Imperialism and the Underdeveloped Countries: Sources of Dependence and Prospects for Emancipation”, in World Capitalist Crisis and Revolutionary Perspectives, Trivandrum: Social Scientist Press, 1982.

4. "Imperialism and Industrialization in the Underdeveloped Countries: On the Significance of the New International Division of Labour", Social Scientist, January 1983. Reprinted in Prabhat Patnaik (ed.), Lenin and Contemporary Imperialism, Orient Longman, New Delhi, 1986.

5. "Mechanisms of Oligopoly: An Analysis of Cotton and Allied Textiles", Economic and Political Weekly, 4 June 1983.

6. "Growth and Technical Change in a Stagnant Industry: The Case of Textiles", Review of Political Economy, special supplement to the Economic and Political Weekly, January 1984.

7. "India's Balance of Payments Under the New Regime", Social Scientist, September 1985.

8. "Investment Behaviour, Economies of Scale and Efficiency Under an Import Substituting Regime: The Case of Two Industries", Economic and Political Weekly, Annual Number 1987.

9. "Regulatory Policy and Industrial Growth: The World Bank View", Social Scientist, May-June 1987.

10. "State Intervention and Industrial Change: Towards a Synthesis", Social Scientist, May 1988.

11. "Aspects of Growth and Structural Change in Indian Industry: 1947-87", Economic & Political Weekly, Special Number, November 1988.

12. "Balance of Payments Adjustment: Some Issues and Estimates," (co-authored with Abhijit Sen), Economic and Political Weekly, Vol XXVI Nos 11 & 12, Annual Number, March 1991.

13. "Technical Change and Market Expansion: Modelling Some Aspects of the Indian Experience", (co-authored with Amal Sanyal), in Bhaskar Dutta et. al. (ed.), Theoretical Issues in Development Economics, Oxford University Press, Bombay, 1993.

14. "Agrarian Change and Occupational Diversification: Non-Agricultural Employment and Rural Development in West Bengal", Journal of Peasant Studies, London, January 1993.

15. "Economic Discipline and External Vulnerability: A Comment on Fiscal and Adjustment Strategies" (co-authored with Jayati Ghosh), Economic and Political Weekly, April 10, 1993, pp.667-673.

16. "The Macroeconomics of Imbalance and Adjustment", in Prabhat Patnaik (ed.), Themes in Economics: Macroeconomics, New Delhi: Oxford University Press, 1994.

17. "Structural Adjustment and India" (co-authored with Prabhat Patnaik), Economic and Political Weekly, November 25, 1995.

18. "On Egalitarian Markets and Market Socialism" 78th Annual Conference Volume of The Indian Economic Association, Calcutta: Indian Economic Association, 1995.

19. "Regional Study on Complementation and Industrial Relocation in the Asia-Pacific Region", in Economic and Social Commission for Asia and the Pacific, Industrial Complementation and Relocation in Asia and the Pacific Region, New York: United Nations, 1995.

20. "Investment, Exports and Growth: A Cross-country Analysis" (co-authored with Prabhat Patnaik), Economic and Political Weekly, January 5, 1996.

21. "Critique of and Alternatives to Structural Adjustment", in Jo Marie Greisgraber and Bernhard G. Gunter (ed.), The World Bank: Lending on a Global Scale, London: Pluto Press, 1996.

22. “Explaining Post-Reform Industrial Growth”, Economic and Political Weekly, Special Number, September 1996.

23. "External Vulnerability  and Industrial Policy in the Era of Globalisation", Social Scientist 282-83, November-December 1996.

24. “Economic Consequences of the Abolition of Child Labour: An India Case Study”, Journal of Peasant Studies, April 1997.

25. "The Trade-Investment Nexus & Developing Country Industrialisation", in Deepak Nayyar (ed.), Themes in Economics: Trade & Industrialisation, New Delhi: Oxford University Press, 1997.

26. "The Planning Principle: An Unresolved Debate" in Deepak Nayyar (ed.), Economics as Ideology and Experience, London: Frank Cass, 1998

27. "India: dirgisme, structural adjustment and the radical alternative" (co-authored with Prabhat Patnaik) in Dean Baker, Gerald Epstein and Bob Pollin (ed.), Globalization and Progressive Economic Policy, Cambridge: Cambridge University Press, 1998.

28. "Notes on international migration suggested by the Indian experience" (co-authored with Prabhat Patnaik) in Dean Baker, Gerald Epstein and Bob Pollin (ed.), Globalization and Progressive Economic Policy, Cambridge: Cambridge University Press, 1998.

29. "Hubris, Hysteria and Hope: Crisis and Response in East Asia" (co-authored with Jayati Ghosh) in Jomo K. Sundaram (ed.), Tigers in Trouble, London: Zed Press, 1998.

30. “Firms, Markets and the State: An Analysis of Indian Oligopoly” in Amiya K. Bagchi (ed.), Economy and Organisation: Indian institutions under the neo-liberal regime, New Delhi: Sage, 1999.

31. "Financial Crises and the Elusive Recovery: Lessons from South Korea and Thailand", (co-authored with Jayati Ghosh), Economic and Political Weekly, January 30-February 5, 1999, pp.273-292. Also in Pietro Paolo Masina (ed.), Rethinking Development in East Asia: From Illusory Miracle to Economic Crises, Copenhagen: Curzon, 2001.

32. “Debt and Development in Asia”, in The Transfer of Wealth: Debt and the Making of the Global South, Bangkok: Focus on the Global South, October 2000.

33. “Information Technology and the Developing Countries: An Indian Case Study”, background paper prepared for UNDP, Human Development Report 2001, presented at UNDP workshop, New York, November 2000.

34. “Issues in School Education in Kerala” (co-authored with V.K. Ramachandran and R. Ramakumar), prepared for the UNICEF, India Office, January 2001.

35. “Industrial Development in India and China: A Comparative Survey”, in G.P. Deshpande and Alka Acharya (ed)., Crossing a Bridge of Dreams: 50 Years of India-China, New Delhi: Tulika Publishers, 2001.

36. “Factory Production: An Analysis of Data Availability and Coverage”, in C.P. Chandrasekhar and Jandhyala B.G. Tilak, India’s Socio-Economic Database: Surveys of Selected Areas, New Delhi: Tulika Publishers, 2001.

37. “The Forced Commercialisation of US Agriculture”, (co-authored with Jayati Ghosh), Indian Food Industry (Journal of the Association of Food Scientists and Technologists), Vol, 20, No. 3, May-June 2001.

38. “The Fragile Foundations of the Southeast Asian Miracle: Relocative Capital, the Proliferation of Capitalism and Industrial Growth”, (co-authored with Jayati Ghosh), in Jomo K.S. (ed.), Southeast Asia’s Industrialisation: Industrial Policy, Capabilities and Sustainability, Hampshire and New York: Palgrave, 2001.

39. “Democratic Decentralisation and the Planning Principle: The Transition from Below”, Social Scientist, January-February 2002.

40. “Fluid Finance & Systemic Risk: Behind the Paralysis in Global Policy”, in Asian Exchange, Hongkong: ARENA, February 2002.

41. “ICT and Human Development: The Potential and the Constraints”, (co-authored with Jayati Ghosh), WHO Bulletin, March 2002.

42. “New Approaches to Harnessing Technological Progress for Children”, (co-authored with Jayati Ghosh), in Giovanni Andrea Cornia (ed.) Harnessing Globalisation for Children, Innocenti Centre: Florence, 2002.

43. “Services and the New Capitalism”, in Jayati Ghosh and C.P. Chandrasekhar (ed.), Work and Welfare in the Age of Finance, New Delhi: Tulika Publishers, 2002.

44. “Finance and the Real Economy: The Global Conjuncture”, Canadian Journal of Development Studies, 2003, v. 24, iss. 2, pp. 215-27

45. “The Diffusion of Information Technology: The Indian Experience” in Social Scientist, Nos. 362-363, July-August 2003 and Ashwani Saith and M. Vijaysbaskar (eds.), ICTs and Indian Economic Development: Economy, Work, Regulation, Sage Publications, New Delhi, 2005.

46. “The Imperialist War on Terror and the World Economy”, in The Marxist, July-September 2003.

47. “The Digital Promise and the Case for Caution”, in Futura, Journal of the Finnish Society for Future Studies, 1/2003.

48. “Neo-Liberal Reform and Industrial Growth: Towards Revival or Recession” in Social Scientist, Nos. 366-367, November December 2003.

49. “The Political Economy of the Economic Reform Strategy,” with Prabhat Patnaik and Jayati Ghosh, in Manoranjan Mohanty (ed.), Class, Caste and Gender, Readings in Indian Government and Politics, Vol. 5, Sage: New Delhi, 2004.

50. “Fluid Finance, Systemic Risk and the IMF’s SDRM Proposal,” with Jayati Ghosh and Smitha Francis in K.S. Jomo (ed.), After the Storm: Crisis, Recovery and Sustaining Development in Four Asian Economies, Singapore: Singapore University Press, 2004.

51. “Forms of Dualism: An Analysis of the Structure of India’s Unregistered Manufacturing Sector Based on the 56th Round Results”, Arthaniti, New Series, Vol. III, Nos. 1-2, 2004.

52. “Industrial Policy: The Way Ahead”, in Social Scientist, Nos. 374-375, July-August 2004.

53. “Financial Sector Reform and the Transformation of Banking,” with Sujit Kumar Ray in V.K. Ramachandran and Madhura Swaminathan (ed.), Financial Liberalization and Rural Credit in India, New Delhi: Tulika Books, 2005.

54. “Financial Liberalization, Fragility and the Socialization of Risk: Can Capital Controls Work?” in Social Scientist, Nos. 382-383, March-April 2005.

55. “Alexander Gerschenkron and Late Industrialization” in Jomo K.S. (ed.), The Pioneers of Development Economics: Great Economists on Development”, Delhi: Tulika Books and London: Zed Books, 2005.

56. “Chipping at the Margin: Judicial Institutionalization of the Privatization of Higher Education in India”, Social Scientist, September-October 2005.

57. “PRSP as a Development Paradigm: A Critique and the Contours of an Alternative”, Arthaniti (New Series), Vol. IV, Nos. 1-2, 2005.

58. “Who Needs the Knowledge Economy: Information, Knowledge and Flexible Labour”, India Journal of Labour Economics, Vol. 48 No. 4, October-December 2005.

59. “Political Economy of IT-driven Outsourcing”, in Govindan Parayil (ed.), Political Economy & Information Capitalism in India : Digital Divide, Development Divide & Equity, Palgrave Macmillan, London, 2006.

60. “Courting Risk: Policy Manoeuvres on FII Inflows”, Economic and Political Weekly, Vol. XLI No. 2, January 14-20, 2006.

61. “Financial Liberalisation in India: An Assessment of its Nature and Outcomes”, with Parthaprathim Pal, Economic and Political Weekly,  Vol. XLI No. 11, March 18-24, 2006.

62. “IT-driven Offshoring: The Exaggerated Development Opportunity”, with Jayati Ghosh, Human Systems Management, Special Issue on Outsourcing, Vol. 25, No. 2, 2006.

63. “Macroeconomic Policy, Inequality and Poverty Reduction in Fast-Growing India and China”, with Jayati Ghosh, in Giovanni Andrea Cornia (ed), Pro-poor Macroeconomics: Potential and Limitations, UNRISD and Palgrave Macmillan, 2006.

64. “The Demographic Dividend and Young India’s Economic Future” (2006), with Jayati Ghosh and Anamitra Roychowdhury, in Economic and Political Weekly, December 9.


India in an Era of Liberalization, (co-authored with Meenakshi Behara) Euromoney Publications, London, 1988.

Crisis as Conquest: The Southeast Asian Crisis and its Aftermath (co-authored with Jayati Ghosh), Orient Longman, New Delhi, 2001.

The Market that Failed: A Decade of Neo-Liberal Economic Reforms in India (co-authored with Jayati Ghosh), Leftword Books, New Delhi, 2002. Second revised edition 2004.

Promoting ICT for Human Development In Asia 2004: India (with Simran Kumar and Kiran Karnik), NASSCOM and UNDP, New Delhi, 2004.

Promoting ICT for Human Development In Asia: Realizing the Millennium Development Goals, Regional Human Development Report (Principal author), UNDP and Elsevier, New Delhi, 2005.

Tracking the Macroeconomy, 2001-2005, Vol. I – India, (co-authored with Jayati Ghosh), The ICFAI University Press, Hyderabad, 2006.

Tracking the Macroeconomy, 2001-2005, Vol. II – The World Economy, (co-authored with Jayati Ghosh), The ICFAI University Press, Hyderabad, 2006.

Trade on Human Terms: Transforming Trade for Human Development in Asia and the Pacific, Asia-Pacific Human Development Report 2006, (co-author and member of core teeam), UNDP and Macmillan, 2006.


India’s Socio-Economic Database: Surveys of Selected Areas, (with J.B.G. Tilak), New Delhi: Tulika Publishers, 2001.

Work and Welfare in the Age of Finance, Muttukadu Papers 1, (with Jayati Ghosh), New Delhi: Tulika Publishers, 2002.


* Member, Editorial Advisory Board of Sarvekshana, technical journal of the National Sample Survey Organisation, Ministry of Statistics and Programme Implementation, Government of India.

* Member, Standing Committee on Industrial Statistics, Central Statistical Organisation, Ministry of Statistics and Programme Implementation, Government of India.

* Chairman, Technical Advisory Committee to Develop an Index of Services Production, Central Statistical Organisation, Ministry of Statistics and Programme Implementation, Government of India.

* Member of the editorial board of the Social Scientist, a monthly journal in the social sciences published from New Delhi, India.

* Member, Executive Committee of International Development Economics Associates, a not-for-profit society engaged in the promotion of teaching and research using heterodox approaches to economic development.

* Economic Columnist, Frontline (titled Economic Perspectives) and Business Line (titled Macroscan).

* Involved in the management of two websites devoted to dissemination of analytical and policy-oriented development research, www.networkideas.org.and www.macroscan.org.

* Served as consultant to UNDP, ESCAP, UNICEF, WIDER, Ministry of Finance, Government of India, Ministry of Industry, Government of India.


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