Renu Kohli is a Delhi-based economist with long experience in macroeconomic policy and research. She currently heads the Financial Globalization research project funded by FCO, UK, and located at NCAER. Prior to this, she was Lead Economist, G20 Research Programme, Department of Economic Affairs, Ministry of Finance and ICRIER. A former staff member of the International Monetary Fund and the Reserve Bank of India, she regularly advises on macroeconomic and financial sector issues to foreign investors interested in India. She is a regular Columnist, Mint and Financial Express, besides occasional contributions to Business Standard. A regular discussant of macroeconomic policy issues on television channels, she is often invited for talks on Indian economic policies by foreign investors and market participants at financial centres like Singapore and New York. Her researched areas include capital account liberalisation, exchange rate management, inflation and financial sector reforms. She has published in refereed journals like the Journal of Development Studies, Journal of Asian Economics, review of Development Economics and has authored a book - India’s Experience with Capital Account Liberalization (Oxford University Press, 2005, 2008).
Evaluating the risks of inflation targeting in India
03 Mar 2015
The adoption of flexible inflation targeting by the Indian government and RBI is a landmark change in the country’s monetary policy. In this article, Renu Kohli - a macroeconomic policy specialist - discusses the risks associated with the move. She reasons that the national and global macroeconomic environment and the timing of transition to the new regime are crucial to its success.
read on »