Indian economist)
Mrinal Datta-Chaudhuri
|
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Born
| (
1934-01-04
)
4 January 1934
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Died
| 19 May 2015
(2015-05-19)
(aged 81)
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Other names
| MDC
|
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Occupation(s)
| Theoretical economist
Writer
Academic
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Years active
| 1966?2008
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Known for
| Academics in Economics
Writings
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Awards
| Padma Bhushan
|
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Mrinal Datta-Chaudhuri
(1934?2015), popularly known as
MDC
,
[1]
was an Indian theoretical economist, academic and a professor of the
Delhi School of Economics
.
[2]
He was a member of the
Institute for Advanced Study
, Princeton.
[3]
The Government of India awarded him the third highest civilian honour of the
Padma Bhushan
, in 2005, for his contributions to literature and education.
[4]
Biography
[
edit
]
Mrinal Datta-Chaudhuri was born on 4 January 1935 at Srigauri, a small village in
Cachar, Assam
, in East Bengal of the
British India
.
[5]
He did his college education at
Shantiniketan
where he studied with
Amartya Sen
, who later won the
Nobel Prize
for economics, and
Sukhamoy Chakraborty
.
[6]
He completed his post graduate education at
Presidency College, Calcutta
.
[2]
Receiving a full-paid scholarship to pursue his doctoral studies at
Massachusetts Institute of Technology
, he studied under the guidance of
Paul Samuelson
, the first American Nobel Laureate in Economics who was later described by the
New York Times
as the
foremost academic economist of the 20th century
.
[7]
The stint at MIT also gave him opportunity to study under Nobel Prize winners such as
Robert Solow
,
Franco Modigliani
and
Kenneth Arrow
and mingle with
Joseph Stiglitz
and
George Akerlof
, who would also go on to win Nobel Prize later.
[8]
Datta-Chaudhuri secured his PhD in economics in 1966 and returned to India the same year to start his career at the
Indian Statistical Institute
[9]
to work for the next two years there as well as at
Jadavpur University
. He moved to
Delhi School of Economics
in 1968, reportedly on invitation from
K. N. Raj
,
[8]
the author of the introductory chapter of the first
Five Year Plan of India
,
[10]
as a professor of Economics and worked there until his superannuation in 1999.
[5]
During this period, he served as the Head of the Department of Economics from 1974 to 1977 and as the director of the institution from 1986 to 1991. He also served as a visiting professor at
University of California, Berkeley
,
University of Minnesota
and
Harvard University
.
[5]
Datta-Chaudhuri, a member of the
Institute for Advanced Study
, Princeton,
[3]
was credited with several articles
[11]
[12]
[13]
[14]
which included
Market Failures and Government Failures
published in the
Journal of Economic Perspectives
(1990)
[15]
and contributions to texts such as the 75-page chapter on
Interindustry Planning Models for a Multiregional Economy
in the book
Economy-wide models and development planning
.
[16]
He co-wrote one book,
Regional Development Experiences and Prospects in South and Southeast Asia
[17]
with Louis Lefeber and edited another,
Development and Change: Essays in Honour of K. N. Raj
.
[18]
He had close association with
Manmohan Singh
and when the latter became the Finance Minister of India in 1991 during the
economic crisis
, Datta-Chaudhuri assisted him in the formulation of many policy decisions and remained a member of the unofficial think-tank during Singh's tenancy as the Finance Minister and later, as the Prime Minister.
[2]
The Government of India awarded him the civilian honor of the
Padma Bhushan
in 2005.
[4]
Towards the later days of his life, he had
chronic obstructive pulmonary disease
and moved to
Pune
to stay with his brother, Malay Dutta Choudhury.
[19]
He died, aged 82, on 19 May 2015 reportedly due to cardiac arrest, at his brother's residence,
[20]
survived by two sons from his second marriage, Timir Datta-Chaudhuri and Mihir Datta-Chaudhuri, his first wife had predeceased him.
[21]
References
[
edit
]
- ^
"Remembering Mrinal-da"
. ReDiff. 22 May 2015
. Retrieved
4 June
2016
.
- ^
a
b
c
Banerjee, Shoumojit (20 May 2015).
"Economist Mrinal Datta Chaudhuri passes away at 81"
.
The Hindu
. Retrieved
3 June
2016
.
- ^
a
b
"IAS member"
. Institute for Advanced Study. 2016
. Retrieved
4 June
2016
.
- ^
a
b
"Padma Awards"
(PDF)
. Ministry of Home Affairs, Government of India. 2016
. Retrieved
3 January
2016
.
- ^
a
b
c
"Life Sketch"
(PDF)
. Delhi School of Economics. 2015
. Retrieved
4 June
2016
.
- ^
"Teacher of economics, and more"
. Indian Express. 20 July 2015
. Retrieved
4 June
2016
.
- ^
"Paul A. Samuelson, Economist, Dies at 94"
.
New York Times
. 13 December 2009
. Retrieved
4 June
2016
.
- ^
a
b
"Remembering MDC, Economist, Teacher and Institution Builder"
. The Wire. 29 May 2015
. Retrieved
4 June
2016
.
- ^
"A legend passes away"
. The Telegraph. 1 June 2015. Archived from
the original
on 1 June 2015
. Retrieved
4 June
2016
.
- ^
"A man behind the Plan"
. Frontline. October 2004
. Retrieved
4 June
2016
.
- ^
K. S. Jomo (13 May 2013).
Industrializing Malaysia: Policy, Performance, Prospects
. Routledge. pp. 144?.
ISBN
978-1-134-86391-4
.
- ^
Colin I. Bradford; William H. Branson (1 December 2007).
Trade and Structural Change in Pacific Asia
. University of Chicago Press. pp. 465?.
ISBN
978-0-226-07030-8
.
- ^
Ozay Mehmet (19 December 2013).
Development in Malaysia (Routledge Revivals): Poverty, Wealth and Trusteeship
. Routledge. pp. 96?.
ISBN
978-1-317-83180-8
.
- ^
Sheila Page (1990).
Trade, Finance and Developing Countries: Strategies and Constraints in the 1990s
. Rowman & Littlefield. pp. 426?.
ISBN
978-0-389-20890-7
.
- ^
Xun Wu, M. Ramesh (September 2014). "Market imperfections, government imperfections, and policy mixes: policy innovations in Singapore".
Policy Sciences
.
47
(3): 305?320.
doi
:
10.1007/s11077-013-9186-x
.
S2CID
154867460
.
- ^
Charles R. Blitzer; Peter B. Clark; Lance Taylor (1982).
Economy-wide models and development planning
. Published for the World Bank by Oxford University Press.
ISBN
978-0-19-920074-0
.
- ^
Louis Lefeber, Mrinal Datta-Chaudhuri (1971).
Regional Development Experiences and Prospects in South and Southeast Asia
. Walter de Gruyter. p. 278.
ISBN
9783111215716
.
- ^
Pranab Bardhan, Mrinal Datta-Chaudhuri (Editors) (2001).
Development and Change: Essays in Honour of K. N. Raj
. Oxford University Press India. p. 372.
ISBN
978-0195655452
.
- ^
"R.I.P. Prof Mrinal Datta Chaudhuri"
. Outlook. 22 May 2015
. Retrieved
4 June
2016
.
- ^
"Economist Mrinal Datta Chaudhuri passed away"
. Affairs Cloud. 21 May 2015
. Retrieved
4 June
2016
.
- ^
"Mrinal Datta Chaudhuri"
. Press Reader. 20 May 2015
. Retrieved
4 June
2016
.
Further reading
[
edit
]
External links
[
edit
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