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Exim Bank of India announces the Winner of the BRICS Economic Research Award 2017

Dr. Raquel Almeida Ramos was declared the winner of Export-Import Bank of India’s (Exim Bank’s) BRICS Economic Research Award 2017 for her doctoral thesis titled “Financialization and its Implications on the Determination of Exchange Rates of Emerging Market Economies”, during the 7th Annual BRICS Financial Forum hosted by the China Development Bank (CDB), on September 01, 2017, in Beijing, China. The Award comprises prize money of Indian Rupees 1.5 million (approximately USD 23,000), a medal and a citation.  The Award was presented to the winner by Mr. Hu Huaibang, Chairman, China Development Bank (CDB), in the presence of the Heads of the member development banks from BRICS viz. Mr. Paulo Rabello de Castro, President, Brazilian National Bank for Economic and Social Development (BNDES); Mr. Nikolay Tsekhomskiy, First Deputy Chairman, ; Bank for Development and Foreign Economic Affairs of Russia, Vnesheconombank (VEB); Mr. David Rasuqinha, Managing Director of Export-Import Bank of India; and Mr. Jabu Moleketi,Chairman, Development Bank of Southern Africa (DBSA). The Exim Bank’s occasional paper based on Dr. Ramos' Award winning thesis was also released on the occasion.

The Winning Thesis

Dr. Raquel Almeida Ramos received her doctoral degree in 2016 from the Université Paris 13, Sorbonne Paris Cité, France and Universidade Estadual de Campinas, Brazil. She is currently working as a Research Fellow at the Centre d’Économie de Paris Nord, Université Paris 13, Sorbonne Paris Cité, France.

The BRICS Economic Research Award

In the context of India’s Chairmanship of the BRICS Forum during 2016, and under Exim Bank’s Presidency of the BRICS Interbank Cooperation Mechanism, Exim Bank instituted the BRICS Economic Research Award in March 2016. The objective of the Award is to stimulate and encourage advanced doctoral research on economics related topics of contemporary relevance to the member nations of BRICS.  

The BRICS Economic Research Award represents Exim Bank’s on-going efforts at promoting research in the area of international economics, trade & development and related financing. The Award accepted as entries, doctoral thesis written by nationals of any of the five member nations of BRICS, who have been awarded a doctorate or accepted for award of a doctorate from any University or academic institution globally. The details of the Award were disseminated globally through advertisements in print and electronic media.

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