Skip to main content

Sashi Sivramkrishna

Followers

534

Following

6

Co-authors

4

Public Views

I am presently Chairman, Foundation to Aid Industrial Recovery (FAIR) New Delhi/Bengaluru. I completed my M.A. in Economics from the U. of Bombay (now Mumbai) and Ph.D. from Cornell University. My current research interests include the Great Divergence debate, iron & steel history, monetary history and contemporary macroeconomics from a Modern Money Theory (MMT) perspective.

My course with more than 23 hours of video lectures on Macroeconomics from an MMT perspective is now on Udemy.

https://www.udemy.com/course/macroeconomics-a-modern-money-theory-perspective/?referralCode=3B758B18537EF6BF8DD5

I am also interested in retracing Francis Buchanan's "Journey" through parts of southern India. Although I have done parts of it in bits and pieces, I still have a long way to go. I have also made a few documentary films ... most of them inspired by Buchanan's Journey. More on our website,

www.buchanansjourney.org

My documentary films have been screened at many international documentary film festivals including the Royal Anthropological Institute Film Festival (UK) and Festival of Documentary Cinema (Russia).

My work on MMT is on our website;

www.thefairindia.org

less

InterestsView All (16)

Uploads

Videos by Sashi Sivramkrishna

Keeping Head above Water: The Irular of Pichavaram / Sashi Sivramkrishna, R. Manimohan, S. Velvizhi

Among the many communities who eke out a living in the pristine waters of the Pichavaram mangrove... more Among the many communities who eke out a living in the pristine waters of the Pichavaram mangrove forests – located on India’s east coast in the southern state of Tamil Nadu – are the Irular. Claiming to belong to the adivasi community, the Irular have lived an unsettled life over generations, continue to struggle for a stable livelihood in the present, even as they head towards an uncertain future.

Published in EPW-ENGAGE: https://epw.in/engage/article/keeping-head-above-water-irular-pichavaram

8 views

Papers by Sashi Sivramkrishna

Withdrawal of 2000-rupee notes from circulation: A sectoral financial balance sheet analysis

FAIR-MAPS, 2023

To understand the implications of withdrawing 2000-rupee notes from circulation, we analyze the c... more

A better alternative to the Congress' poll promises in Karnataka

Moneycontrol, 2023

Most of the schemes being proposed by the Congress will immediately enhance demand without addres... more

US debt ceiling crisis: a self-inflicted wound

Moneycontrol, 2023

Why would any government ever want to do default, given that the economic consequences of such an... more

Will Europe recede into macroeconomic instability with its proposed new fiscal rule

Moneycontrol, 2023

Given the disparate levels of debt and deficits across member states, the key question is whether... more

Remembering BR Ambedkar as a monetary economist

Moneycontrol, 2023

Ambedkar argued that the gold exchange standard during colonial India was flawed. While it did re... more

Remembering BR Ambedkar as a monetary economist

Is there a solution to recurrent bank crises?

Moneycontrol, 2023

Is there a solution to recurrent bank crises? Shocks, uncertainty and contagion being inevitable,... more

Why is the US financial system so fragile

Moneycontrol, 2023

Why is the US financial system so fragile? The US Federal Deposit Insurance Corporation (FDIC) re... more Why is the US financial system so fragile? The US Federal Deposit Insurance Corporation (FDIC) reports some 565 bank failures since 2001 with total assets of over $319 billion. Furthermore, although accounts are fully insured up to $250,000, recovery on uninsured deposits has rarely been 100 percent.

The defunct economics that drives US monetary policy

Moneycontrol, 2023

Raising interest rates is too blunt a tool to tackle the inflationary pressures of today

The need for a consumption-led growth strategy

Moneycontrol, 2023

The current trickle-down economics is not working for the masses of the population. We need to tr... more

Redefining asset classes using default risk is a robust approach

Moneycontrol, 2023

Redefining asset classes using default risk is a robust approach Modern Monetary Theory offers a ... more

The root cause of Pakistan's crisis: Macroeconomics or geopolitics

Moneycontrol, 2023

While the mainstream framing of Pakistan’s crisis is a lack of fiscal prudence, what the country ... more

George Gunton's Divergent View on the Origin of the Great Divergence: The Dynamics of Social Wants in England and India

Essays in Economic & Business History, 2023

Most contemporary historians have proposed a multitude of supply-side factors that arguably prope... more Most contemporary historians have proposed a multitude of supply-side factors that arguably propelled the Great Divergence between the West and the East. A late nineteenth-century economist, George Gunton, instead, proposed a demand-centric theory to explain the root cause for the divergence between countries. Gunton claimed that effectual demand arises from social wants that become the precondition for capital investment and growth in real wages. While social wants in the West and East were almost on par until the thirteenth century, the advent of free towns and cities in Europe, and particularly, England, set into motion a transformation of social wants. Meanwhile, without a similar revolution, social wants remained static in the East, particularly India, so that standards of living and consequently, real wages too did not increase. This stark observation and the possible reasons for its timelessness have so far received scant attention in the contemporary debate. Our paper seeks to not only address this inadequacy but in doing so, also draw attention to Gunton’s overlooked contribution to the Great Divergence debate.

Budget 2023: A return to the Washington Consensus

Moneycontrol, 2023

The Indian government believes that the growth of the economy, through a trickle-down process, wi... more

Budget 2023: Sustaining private investment should be a priority

Moneycontrol, 2023

Also, the budget needs to address pressing concerns over unemployment, inflation, rising inequali... more

Is UK's return to austerity warranted

Moneycontrol, 2022

Even though the forecasts for the UK economy are more optimistic from 2024 onwards, the moot ques... more

Is the Japanese miracle coming to an end

Moneycontrol, 2022

More than concerns over the fiscal deficit numbers per se, the challenges for Japan lie in the sh... more

How monetary policy triumphed over fiscal policy in the UK crisis

Moneycontrol, 2022

How monetary policy triumphed over fiscal policy in the UK crisis The Bank of England's inflexibl... more

Why countries want to de-dollarize the international economy?

Moneycontrol, 2022

US monetary tightening is playing havoc with the world's economies as the dollar is the main glob... more

Keeping Head above Water: The Irular of Pichavaram / Sashi Sivramkrishna, R. Manimohan, S. Velvizhi

Among the many communities who eke out a living in the pristine waters of the Pichavaram mangrove... more Among the many communities who eke out a living in the pristine waters of the Pichavaram mangrove forests – located on India’s east coast in the southern state of Tamil Nadu – are the Irular. Claiming to belong to the adivasi community, the Irular have lived an unsettled life over generations, continue to struggle for a stable livelihood in the present, even as they head towards an uncertain future.

Published in EPW-ENGAGE: https://epw.in/engage/article/keeping-head-above-water-irular-pichavaram

8 views

Withdrawal of 2000-rupee notes from circulation: A sectoral financial balance sheet analysis

FAIR-MAPS, 2023

To understand the implications of withdrawing 2000-rupee notes from circulation, we analyze the c... more

A better alternative to the Congress' poll promises in Karnataka

Moneycontrol, 2023

Most of the schemes being proposed by the Congress will immediately enhance demand without addres... more

US debt ceiling crisis: a self-inflicted wound

Moneycontrol, 2023

Why would any government ever want to do default, given that the economic consequences of such an... more

Will Europe recede into macroeconomic instability with its proposed new fiscal rule

Moneycontrol, 2023

Given the disparate levels of debt and deficits across member states, the key question is whether... more

Remembering BR Ambedkar as a monetary economist

Moneycontrol, 2023

Ambedkar argued that the gold exchange standard during colonial India was flawed. While it did re... more

Remembering BR Ambedkar as a monetary economist

Is there a solution to recurrent bank crises?

Moneycontrol, 2023

Is there a solution to recurrent bank crises? Shocks, uncertainty and contagion being inevitable,... more

Why is the US financial system so fragile

Moneycontrol, 2023

Why is the US financial system so fragile? The US Federal Deposit Insurance Corporation (FDIC) re... more Why is the US financial system so fragile? The US Federal Deposit Insurance Corporation (FDIC) reports some 565 bank failures since 2001 with total assets of over $319 billion. Furthermore, although accounts are fully insured up to $250,000, recovery on uninsured deposits has rarely been 100 percent.

The defunct economics that drives US monetary policy

Moneycontrol, 2023

Raising interest rates is too blunt a tool to tackle the inflationary pressures of today

The need for a consumption-led growth strategy

Moneycontrol, 2023

The current trickle-down economics is not working for the masses of the population. We need to tr... more

Redefining asset classes using default risk is a robust approach

Moneycontrol, 2023

Redefining asset classes using default risk is a robust approach Modern Monetary Theory offers a ... more

The root cause of Pakistan's crisis: Macroeconomics or geopolitics

Moneycontrol, 2023

While the mainstream framing of Pakistan’s crisis is a lack of fiscal prudence, what the country ... more

George Gunton's Divergent View on the Origin of the Great Divergence: The Dynamics of Social Wants in England and India

Essays in Economic & Business History, 2023

Most contemporary historians have proposed a multitude of supply-side factors that arguably prope... more Most contemporary historians have proposed a multitude of supply-side factors that arguably propelled the Great Divergence between the West and the East. A late nineteenth-century economist, George Gunton, instead, proposed a demand-centric theory to explain the root cause for the divergence between countries. Gunton claimed that effectual demand arises from social wants that become the precondition for capital investment and growth in real wages. While social wants in the West and East were almost on par until the thirteenth century, the advent of free towns and cities in Europe, and particularly, England, set into motion a transformation of social wants. Meanwhile, without a similar revolution, social wants remained static in the East, particularly India, so that standards of living and consequently, real wages too did not increase. This stark observation and the possible reasons for its timelessness have so far received scant attention in the contemporary debate. Our paper seeks to not only address this inadequacy but in doing so, also draw attention to Gunton’s overlooked contribution to the Great Divergence debate.

Budget 2023: A return to the Washington Consensus

Moneycontrol, 2023

The Indian government believes that the growth of the economy, through a trickle-down process, wi... more

Budget 2023: Sustaining private investment should be a priority

Moneycontrol, 2023

Also, the budget needs to address pressing concerns over unemployment, inflation, rising inequali... more

Is UK's return to austerity warranted

Moneycontrol, 2022

Even though the forecasts for the UK economy are more optimistic from 2024 onwards, the moot ques... more

Is the Japanese miracle coming to an end

Moneycontrol, 2022

More than concerns over the fiscal deficit numbers per se, the challenges for Japan lie in the sh... more

How monetary policy triumphed over fiscal policy in the UK crisis

Moneycontrol, 2022

How monetary policy triumphed over fiscal policy in the UK crisis The Bank of England's inflexibl... more

Why countries want to de-dollarize the international economy?

Moneycontrol, 2022

US monetary tightening is playing havoc with the world's economies as the dollar is the main glob... more

CBDCs: The fate of commercial banking rests with the State

Moneycontrol, 2022

The RBI's concept note makes it clear that CBDCs can disrupt commercial banking and the choice of... more