I joined the Economics department at Colorado State University , 2007 after doing a PhD at the New School for Social Research, with Prof. Duncan Foley. Before my Phd, I had taught economics for many years at PGDAV College at Delhi University.
I did my masters in Economics at the Centre for Economic Studies and Planning, Jawaharlal Nehru University, and my MPhil at the Center for Development Studies, Trivandrum.
While my earlier research, in India studied the transformation of labor markets in the colonial agrarian economy (a case study of two districts in Eastern U.P.), my more recent focus has been on international finance.
I am interested in exploring the implications of trade and financial flows for uneven development and the different ways in which integration with global markets shapes the developmental trajectory of countries in the developing world. Another strand of my research looks at the historical workings of the international monetary system and the role of the periphery in the institutional mechanisms of adjustment and liquidity generation of the pre-war sterling-gold standard and the post war dollar standard. This research has led to a project that seeks to extend Marx’s monetary theory in order to develop a framework for analyzing the actual evolution of the monetary system based on the monetary liability of a dominant country. The broader goal is to understand the complex relation between the state and financial markets that mediates imperial power.
I am particularly interested in investigating the implications of the current global crisis for the international financial architecture and imperial policy.
More broadly, I am interested in Marxian and Classical Political Economy, Open Economy Macroeconomics and the Political Economy of Development.
My engagement with economics has been guided by Heilbroner's characterization of 'worldly philosophy' as the "informed, critical and passionate investigation of the economic foundations of contemporary society”. I am also deeply interested in development and human rights issues in India.
I am a member of the Union for Radical Political Economics and am on the Editorial board of Review of Radical Political Economics. I also contribute to, and am part of the editorial collective of Dollars and Sense. Apart from this I am a member of the International Working group on Gender and Macroeconomics and the International Development Economists Association.
My husband Ashok Prasad – an economist turned physicist who works on problems in biology- is also at Colorado State University.
This website has been designed by our wonderful friend Silvia Minguzzi.
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