Surjit Bhalla

Surjit Bhalla

Chairman, Oxus Investments

Dr. Surjit S. Bhalla is the Chairman of Oxus Investments, a New Delhi-based economic research, asset management, and emerging-markets advisory firm. He has worked as a research economist at Rand Corporation, Brookings Institution, World Bank and The Policy Group; as a proprietary trader/strategist/portfolio manager at the World Bank, Goldman Sachs, Deutsche Bank and Oxus Investments. He has served on several committees of the Government of India (e.g. the RBI capital account convertibility committees of 1997 and 2006, the SEBI advisory committee on secondary markets) and was an appointed member of the National Statistical Commission of India, 2007-2009. He is on the governing board of India’s largest think tank-National Council of Applied Economic Research (NCAER), and since 2002, a regular invitee to the Aspen Institute Program on the World Economy, Aspen, USA.

He is the author of several academic articles as well as four books on globalization and its effects on the world economy: Imagine There’s No Country: Poverty, Inequality, and Growth in the Era of Globalization (2002); Second Among Equals: The Middle Class Kingdoms of China and India (2007), unpublished; Devaluing to prosperity: Misaligned currencies and their growth consequences, Peterson Institute for International Economics, Sept. 2012; and, The Old Order is Fading – Or how the middle class is reshaping the world, forthcoming (2013).

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Education

B.S., Electrical Engineering (Purdue University); M.P.A. (Woodrow Wilson School, Princeton University) ;Ph.D. in Economics (Princeton University)

Expertise

Economics, globalisation

Last modified: August 20, 2013

Recent projects

India's Liberal Agenda
onions leliebloem flickr Courtesy: Dipayan Bhattacharjee/Flickr
14 August 2013 Gateway House

In search of economic liberalism in India

The reforms of the early 1990s did not bring economic freedom to a majority of the population. That explains a large proportion of the economic and social ills that affect India today. Why is economic life in India of the ‘Taliban type’? Why is illiberal thought still our guiding principle?