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Exim Bank announces the winner of IERA Award 2016

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 release.

 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.


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