Dr. Isha Chawla was declared the
winner of Export-Import Bank of India’s (Exim Bank) International Economic
Research Annual (IERA) Award 2016 for her doctoral thesis titled “The
Internationalisation of Indian Firms through Outbound Foreign Direct
Investment: Nature, Determinants and Developmental Consequences”. Exim Bank’s
IERA Award 2016 was announced by Mr. David Rasquinha, Managing Director, Exim
Bank, at an award function held on August 02, 2017, in New Delhi, says a
The Award comprises prize money of ` 3.5 lakh
and a citation. The function was graced by Dr. Arvind Subramanian, Chief
Economic Adviser, Government of India, Ministry of Finance. Exim Bank’s
occasional paper based on Dr. Isha Chawla’s Award winning thesis was also
released on the occasion.
On this occasion Dr. Subramanian
congratulated EXIM Bank for its continuous efforts to promote economics
research in India. Mr. Rasquinha, highlighted that the IERA Award, instituted
in 1989, currently in its 28th year, is given to Indian
nationals for their outstanding doctoral dissertations in the area of
international economics, trade, development and related financing from Indian
or foreign universities. Commenting on the Award winning thesis, Mr. Rasquinha
noted that the research study throws light on increasing internationalisation
of Indian firms through Outbound Foreign Direct Investment (OFDI) its impact on
the productivity levels of domestic firms in India.
The Winning Thesis
Dr. Isha Chawla received her
doctoral degree in 2015 from the Delhi School of Economics, New Delhi. The
thesis was written under the supervision of Dr. Aditya Bhattacharjea (Delhi
School of Economics) and Dr. Biswhanath Golder (Institute of Economic Growth).
She is currently working as an Associate Professor, in the Department of
Economics, Lakshmibai College, University of Delhi.
Exim Bank’s IERA Award
Exim Bank IERA Award represents
the Bank’s ongoing efforts at promoting research and analysis in the area of
international economics, trade & development and related financing. The
Bank has opened entries for the 2017 edition of the Award.