udaibir das
DISTINGUISHED fellow
Udaibir Das is a Distinguished Fellow at ORF America, Visiting Professor at NCAER (India), Senior Non-Resident Adviser at the Bank of England (UK), Senior Adviser to the International Forum of Sovereign Wealth Funds (UK), Distinguished Visiting Faculty at the Kautilya School of Public Policy (India), and Senior Advisor and Program Leader at the Toronto Centre (Canada).
With a four-decade career spanning the IMF, World Bank, BIS, Reserve Bank of India, and Bank of Guyana, Mr. Das has advised over 40 countries on economic, regulatory, and institutional issues of the financial sector and its macroeconomic intersections, including public debt—from the Asian financial crisis to COVID-19.
A keen observer of macrofinancial uncertainty, he focuses on emerging policy intersections that shape the future of global finance. He deeply engages in teaching, mentoring, advising, and writing, including commentaries, papers, and podcasts. His research focuses on Africa, the Global South, emerging markets, climate finance, sustainability, and the evolving role of technology in policymaking.
Recent Publications
By Udaibir Das
As AI takes on a greater role in economic analysis and policy, an unsettling question arises: will its ability to recognise systemic risks with historical precedents weaken with a lack of immediate algorithmic reference?
By Udaibir Das
The world’s most populous democracy faces a turbulent landscape of geopolitical rivalries, technological shifts and the urgency of climate action. The question remains: will global economic forces propel India toward leadership or will they impede its ascent?
By Udaibir Das
In 2024, Africa’s economic and political importance grew significantly, laying a strong foundation for 2025 to be a transformative year for the continent.
"Rebalancing Globalization: Perspectives from the Global South" attempts to provide a framework for the next phase of globalization that is rebalanced and sustainable and can address issues that matter to the Global South.
Edited Volume
By Anit Mukherjee, Dhruva Jaishankar, Alan Gelb, Pamla Gopaul, Marta Bengoa, Shayak Sengupta, Aude Darnal, Elizabeth Sidiropoulos, Udaibir Das, Veronica Jijon, and Lorrayne Porciuncula
Editors: Anit Mukherjee and Dhruva Jaishankar
By Udaibir Das
Where do Brics, the International Monetary Fund, and the World Bank overlap in their newly released communiques on the global economic landscape?
By Udaibir Das
How do sovereign wealth funds navigate current times while building portfolio resilience?
By Udaibir Das
How can countries with small and shallow financial markets adopt financial stability reports that are more suited for their economic conditions?
By Udaibir Das
How should China refine its financial reform strategy to better align with its economic ambitions and responsibilities?
By Udaibir Das
The decisions from the 20th National Congress and the Third Plenum collectively represent significant strides in reinforcing the financial sector’s role as China recalibrates its growth model.
By Udaibir Das
The UK is poised to make a significant impact with the National Wealth Fund (NWF), a fund designed to spearhead its green transition and support sustainable growth. Will the UK’s NWF be a guiding economic beacon or just a political mirage?
By Udaibir Das
The IMF’s RST is a significant step forward in mobilising climate finance, focused on leveraging private sector involvement. By learning from the RST’s successes and challenges, other international efforts can enhance their strategies to attract private capital, creating a more sustainable and resilient global economy.
By Udaibir Das
To effectively manage debt and all liabilities, a top-down, country-wide reform is necessary to move towards a comprehensive liability management function.
By Udaibir Das and Wayne Byres
After 50 years, the Basel Committee’s standards are crucial for maintaining global financial stability.
By Udaibir Das
The current global economic and capital market conditions necessitate reassessing conventional portfolio construction and risk management practices.
By Udaibir Das
Multilateral reform remains complex and demands patience to ensure that the process is transparent and inclusive.
By Udaibir Das
Africa stands on the precipice of a financial renaissance, poised to redefine its influence in the global investment sphere.
By Udaibir Das
As a unified bloc, Africa can negotiate better terms in international trade agreements, investment deals and financial arrangements.
By Udaibir Das
Today’s financial sector is complex and plagued by structural flaws and unfinished reforms.
By Udaibir Das
Balance sheet risks have become more challenging and critical for resource-rich, low-income countries, especially in Africa.
By Udaibir Das
While the digitalisation of finance advances and the potential introduction of central bank digital currency might aid finance in Africa, it is not enough.
By Udaibir Das
The past 50 years have seen shifts in the global financial system’s behaviour. Major market crises, such as the 1997 Asian crisis and the 2008 financial crisis, have resulted in more robust financial policies focused on licensed entities.
Background Paper No. 13
By Udaibir Das, Anit Mukherjee, and Medha Prasanna
By Udaibir Das
While the world is preoccupied with the stability of the western banking system, China has been busy overhauling its financial regulatory architecture.
By Udaibir Das
The international discourse around the growth of the cryptoverse is divided.