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Ashoka Mody

Ashoka Mody

34 commentaries

Ashoka Mody, a visiting professor of International Economic Policy at Princeton University, previously worked for the World Bank and the International Monetary Fund. He is the author of India is Broken: A People Betrayed, Independence to Today (Stanford University Press, 2023).

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  1. India’s Poor Will Not Be Wished Away
    mody33_Shivam KhannaPacific PressLightRocket via Getty Images_india poverty Shivam Khanna/Pacific Press/LightRocket via Getty Images

    India’s Poor Will Not Be Wished Away

    Mar 14, 2024 Ashoka Mody highlights the authorities’ ongoing failure to provide an accurate picture of growing economic hardship.

  2. The Slow Death of India’s Secular Democracy
    mody32_Kay Nietfeldpicture alliance via Getty Images_modi Kay Nietfeld/picture alliance via Getty Images

    The Slow Death of India’s Secular Democracy

    Jan 19, 2024 Ashoka Mody identifies the key moments and players in the rise, normalization, and political victory of Hindu nationalism.

  3. Ashoka Mody on Indian corruption, growth, jobs, and more
    Ashoka_Say-More_Ghersi-via-GettyRF

    Ashoka Mody on Indian corruption, growth, jobs, and more

    Sep 26, 2023 Ashoka Mody traces the roots of the lack of accountability in India, highlights shortcomings in human capital and gender equality, casts doubt on the country’s ability to assume a Chinese-style role in manufacturing, and more.

  4. India’s Fake Growth Story
    mody30_ Kabir JhangianiNurPhoto via Getty Images_g20 Kabir Jhangiani/NurPhoto via Getty Images

    India’s Fake Growth Story

    Sep 6, 2023 Ashoka Mody accuses the government of using faulty national accounting to cover up growing macroeconomic problems.

  5. Unlike China, India Cannot Be an Economic Superpower
    mody29-DIBYANGSHU SARKARAFP via Getty Images_INDIA DIBYANGSHU SARKAR/AFP via Getty Images

    Unlike China, India Cannot Be an Economic Superpower

    Jul 28, 2023 Ashoka Mody explains why the hype around the country’s neoliberal policies and growth prospects is misguided.

  1. brown118_Wakil KohsarGettyImages_afghan_girls_school Wakil Kohsar/Getty Images
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    The Internal Challenge to Afghanistan’s Ban on Girls’ Secondary Education

    Gordon Brown explains why the country’s leadership crisis represents an opportunity to end gender apartheid.
  2. jmccarthy1_CRISTINA ALDEHUELAAFP via Getty Images_cocoaghana Cristina Aldehuela/AFP via Getty Images
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    Central Banks Must Stem the Nature Crisis

    Julie McCarthy urges monetary authorities to use their tools to mitigate the financial risks of environmental disruption.
  3. dudley1_Justin TallisGettyImages_tether Justin Tallis/Getty Images
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    The US Needs Stablecoin Legislation Now

    Bill Dudley

    Without a robust regulatory framework that incentivizes stablecoin issuers to register in the United States, stablecoin activity will migrate to countries with weaker rules, increasing the likelihood of financial instability. Fortunately, the US can still head off these risks and reap the technology’s benefits.

     explains why lawmakers need to move quickly to establish US leadership in digital assets and payments.
  4. krueger85_Justin SullivanGetty Images_UScarstrade Justin Sullivan/Getty Images
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    Tariff Man Doubles Down

    Anne O. Krueger warns that the Trump administration’s trade restrictions will harm the very industries they aim to protect.
  5. lachman3_Charly TriballeauGettyImages_us_economy_eggs Charly Triballeau/Getty Images
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    America Looks Like a Troubled Emerging-Market Economy

    Desmond Lachman

    Under US President Donald Trump’s erratic rule, the United States is now exhibiting all the symptoms, from high import tariffs and fiscal deficits, to oligarchy and flagrant corruption. Worse, the fallout cannot be confined to the US, and no multilateral bailout or structural adjustment plan can mitigate the damage.

     lists the symptoms, from tariffs and massive public debt, to oligarchy and flagrant conflicts of interest.
  6. fofack29_eric1513Getty Images_dedollarization eric1513/Getty Images
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    Will Trump Destroy the Dollar’s Primacy?

    Within its first two months, President Donald Trump’s second administration has attacked US institutions, alienated trade partners and allies, decimated consumer and investor confidence, and sent the stock market plummeting. Can the dollar’s status as the world’s leading reserve currency – and the extraordinary advantages this affords the US economy – withstand the onslaught?

  7. moyo32_Anton PetrusGettyImages_ai_money Anton Petrus/Getty Images
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    Will AI Mean Higher Taxes?

    Dambisa Moyo warns business leaders that automation-driven efficiency gains may come with hidden long-term costs.
  8. gbrowne1_Thomas SamsonGettyImages_fossil_fuel_non_proliferation_treaty Thomas Samson/Getty Images
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    A Defining Moment for Energy Security and Economic Prosperity

    Gaston Browne points out that the energy transition is vital not only to protect the planet, but also to enhance resilience.
  9. norrlof10_Picture AllianceGettyImages_lng_terminal_baltic_sea Picture Alliance/Getty Images
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    How Much “Weaponization” Can the Global Economy Take?

    Carla Norrlöf worries that major powers’ understandable reliance on economic coercion will go too far.

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