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Ashima Goyal is widely published in institutional and open economy macroeconomics, international finance, and governance, with articles in major refereed journals. She has also authored and edited a number of books, including Macroeconomics and Markets in Developing and Emerging Economies (Routledge: UK, 2017) and A Concise Handbook of the Indian Economy in the 21st Century (OUP: India, 2019). She edits the Routledge journal Macroeconomics and Finance in Emerging Market Economies; has guided many students; given several special lectures; has provided consultancy to ADB, DEA, GDN, UNDP, RBI, UN ESCAP and WB; is active in the Indian policy debate; serves on several distinguished committees that have included the Prime Minister’s Economic Advisory Council, India's Monetary Policy Committee, the RBI technical advisory committee for monetary policy, co-chair of Think 20’s Task Force 5 on repurposing the international financial architecture during India’s G-20 presidency, boards of journals, corporates and educational and financial institutions. She is currently President of the Indian Econometric Society (TIES) and on the boards of P&GHH, Edelweiss FSL, Zuno General Insurance, Aseem Infrastructure Finance ltd, ISID and EGROW and Chairs EGROW’s shadow monetary policy committee. She was a visiting fellow at the Economic Growth Centre, Yale University, USA, and a Fulbright Senior Research Fellow at Claremont Graduate University, USA. Her research has received national and international awards. She won two best research awards at GDN meetings at Tokyo (2000) and Rio de Janeiro (2001), was selected as one of the four most powerful women in economics, a thought leader, by Business Today (2008); was the first Professor P.R. Brahmananda Memorial Research Grant Awardee for a study on History of Monetary Policy in India since Independence (2011), which was published by Springer in 2014; received the SKOCH Challenger Award for Economic Policy (2017); Awards for Excellence in Economics include ‘Infinity8’ from SBI Securities (2026), Hindu College OSA Distinguished Alumni and 20th FLO FICCI GR8 Beti (2018); distinguished alumni award (2023) from Delhi School of Economics; was selected as one of the Most Powerful Women in Business’ by Business Today Magazine 2021, 2022 and 2023. 

Current Research Interests: Emerging market macroeconomic structure, DSGEs, fiscal and monetary policies, flexible inflation targeting, trend cycle decomposition, growth volatility, cross border flows, prudential regulations, exchange rate regimes, FX markets, global governance, institutions and incentives.