About me

Welcome

Brief bio

Sanket Mohapatra is a faculty member at the Indian Institute of Management, Ahmedabad. He was earlier a Senior Economist with the World Bank’s Global Macroeconomics Team in Washington, DC. He graduated with an M.A from the Delhi School of Economics and a Ph.D in Economics from Columbia University (New York). His research interests include international finance, international macroeconomics, global capital flows, sovereign and sub-sovereign credit ratings, corporate productivity, foreign debt and corporate financing patterns in emerging economies, poverty, inequality and economic growth, and international migration and remittances. He has contributed to various issues of the World Bank’s flagship reports such as Global Economic Prospects and Global Development Finance. He was a core team member of Leveraging Migration for Africa: Remittances, Skills, and Investments. He is co-editor of books on Remittance Markets in Africa (published as part of the World Bank’s Directions in Development Finance series) and The Financial Landscape of Emerging Economies (Springer). He is an Associate Editor of Vikalpa: The Journal for Decision Makers. His research has been published in prominent peer-reviewed international journals such as Journal of Empirical Finance, Journal of Banking and FinanceJournal of International Money and Finance, and World Development.

Publications

Research

Selected Publications

The implications of economic uncertainty for bank loan portfolios, with S. Purohit, Applied Economics (forthcoming), 2021.

Central bank gold reserves and sovereign credit risk, with S. Rathi and A. Sahay, Finance Research Letters, 2021

Risk-sensitive Basel regulations and firms’ access to credit: Direct and indirect effects, with B. Gopalakrishnan and J. Jacob, Journal of Banking and Finance, Vol. 126, 2021.

Sovereign credit ratings, relative risk ratings and private capital flows: Evidence from emerging and frontier markets, with S. De and D. Ratha, Studies in Economics and Finance, 2021.

Foreign Currency Borrowing and Firm Financing Constraints in Emerging Markets: Evidence from India, with J.P. Nagar, Managerial Finance, Vol. 47(2), 2021.

The Evolving Financial Landscape in Emerging Markets and Developing Economies, with A. K. Mishra, Chapter in The Financial Landscape of Emerging Economies: Current State, Challenges and Solutions, Springer, 2021.

The Financial Landscape of Emerging Economies: Current State, Challenges and Solutions, with A.K. Mishra, V. Arunachalam, and D. Olson (Edited volume), Springer, 2021.

Insolvency Regimes and Firms’ Default Risk Under Economic Uncertainty and Shocks, with B. Gopalakrishnan, Economic Modelling, Vol. 91, 2020.

Turning Over a Golden Leaf? Global Liquidity and Emerging Market Central Banks’ Demand for Gold after the Financial Crisis, with B. Gopalakrishnan, Journal of International Financial Markets, Institutions & Money, Vol. 57, 2018.

Determinants of the Distance between Sovereign Credit Ratings and Sub-Sovereign Bond Ratings: Evidence from Emerging Markets and Developing Economies, with M. Nose & D. Ratha, Applied Economics, Vol 50(9), 2017.

India's International Integration and Challenges to Sustaining Growth: Introduction, with A. Das, Colloquium in Vikalpa: The Journal for Decision Makers, 2017.

Quantitative Easing and the Post-Crisis Surge in Financial Flows to Developing Countries, with J. Lim, Journal of International Money and Finance, Vol 68(C), 2016.

Unconventional Monetary Policy Normalization and Emerging Market Capital Flows, with A. Burns, M. Kida, J. Lim, & M. Stocker, in Quantitative Easing: Evolution of economic thinking as it happened on Vox, Wouter J. Den Haan (editor), A VoxEU.org eBook, CEPR Press, 2016.

Remittances and Natural Disasters: Ex-post Response and Contribution to Ex-ante Preparedness, with G. Joseph & D. Ratha, Journal of Environment, Development and Sustainability, Vol. 14(3), 2012.

Shadow Sovereign Ratings for Unrated Developing Countries, with D. Ratha & P. De, World Development, Vol. 39(3), 2011.

Remittance Markets in Africa, with D. Ratha (edited volume), World Bank Directions in Development: Finance series, 2011.

Forecasting Migrant Remittances During the Global Financial Crisis, with D. Ratha in Migration Letters, 2010.

Migration and Remittances in South Asia, with C. Ozden, Chapter in The Services Revolution in South Asia, Ejaz Ghani (editor), Oxford University Press, 2010.

Corporate Financing Patterns and Performance in Emerging Markets, with P. Suttle & D. Ratha, Chapter in The Future of Domestic Capital Markets in Developing Countries, World Bank, IMF & Brookings, 2003.

Income Inequality: The Aftermath of Stock Market Liberalization in Emerging Markets, with M. Das, in Journal of Empirical Finance, Vol. 10(1-2), 2002.

Poverty, inequality and the distribution of income in the Group of 20, with X. Sala-i-Martin, Commonwealth Treasury of Australia Economic Roundup, Autumn 2003.


Working Papers

Institutional Quality and International Differences in Firm Productivity, with A. Issar & J. Lim, Indian Institute of Management, Ahmedabad (IIMA) Working Paper 2017-02-01.

Turning Over a Golden Leaf? Global Liquidity and Emerging Market Central Banks’ Demand for Gold after the Financial Crisis, with B. Gopalakrishnan, Indian Institute of Management, Ahmedabad (IIMA) Working Paper 2017-04-02.

Global Risk and Demand for Gold by Central Banks, with B. Gopalakrishnan, Indian Institute of Management, Ahmedabad (IIMA) Working Paper 2017-01-01.

Impacts of Sovereign Rating on Sub-sovereign Bond Ratings in Emerging and Developing Economies, with M. Nose & D. Ratha, World Bank Policy Research Working Paper 7618, 2016.

Tinker, Taper, QE, Bye: Effect of Quantitative Easing on Financial Flows to Developing Countries, with J. Lim & M. Stocker, World Bank Policy Research Working Paper 6820, 2014.

Migration, Taxation, and Inequality, with B. Moreno-Dodson & D. Ratha, Economic Premise, Number 80, World Bank Poverty Reduction and Economic Management Network, 2012.

Impact of Migration on Economic and Social Development: A Review of Evidence and Emerging Issues, with D. Ratha & E. Scheja, World Bank Policy Research Working Paper 5558, 2011.

Estimates of Global Diaspora Savings, with D. Ratha, Brief, 2011

Migrant Remittance Flows: Findings from a Global Survey of Central Banks, with J. Irving & D. Ratha, World Bank Working Paper 194, 2010.

International Migration and Technological Progress, with A. Burns, Brief, 2008.

On the campus

Teaching

  • Macroeconomics and Policy
  • Global Finance and Trade
  • World Economy
  • Managerial Econometrics

Opinion

News & Briefs

Will the second Covid wave dent resilient foreign investment inflows into India?, with S. Thaker, Economic Times, May 20, 2021.

The unprecedented COVID-19 crisis will require a multipronged policy response, with S. Pinjani, BusinessWorld, Apr 21, 2020.

‘Normalising’ the COVID-19 pandemic, Indian Express Healthcare, Apr 2, 2020.

How to resolve Indian corporate vulnerability to COVID-19 through policy options, with B. Gopalakrishnan & J. Jacob, Hindu BusinessLine, March 26, 2020.

The spectre of current account deficits, surpluses, Live Mint, Sep 18, 2017.

Push growth without fiscal imbalances, Budget Countdown for FY2017-18, Hindu BusinessLine, Jan 29, 2017.

Taper tremors, Financial Express, Jan 30th, 2014.

Get in touch

Contact