Rama Seth

Rama SethRama Seth is currently a Professor in the Finance and Control Section at the Indian Institute of Management Calcutta (IIMC), one of the three leading MBA schools in India. Apart from teaching and guiding research, Prof. Seth has initiated, directed and participated in a number of management and executive training programs. Before joining IIMC, she consulted for several years with the World Bank and the International Monetary Fund. Prior to that, she worked as a Senior Economist at the Federal Reserve Bank of New York (Fed), after completing her PhD from Columbia University.

While at the Fed, she published quite extensively andmade several presentations to senior management prior to Federal Open Market Committee (FOMC) meetings, and at academic conferences, and in training seminars to other central bankers from around the world.

Prof. Seth has a total of 15 reviewed journal publications and 12 book chapters to her credit. Her most recent publication was on the market effects of official discount rate changes published in the Journal of International Money and Finance. She has taught at Vassar College, San Francisco State University and at the Rotterdam school of Management at Erasmus University.

Prof. Seth also worked at the Bank for International Settlements and consulted for the United Nations and US AID. Her long-standing interest in developing financial markets found many expressions. She was part of a 3-member IMF mission to Azerbaijan to aid the Central Bank in improving implementation of its monetary policy. She was part of a 13-member joint IMF-World Bank financial sector assessment mission (FSAP) to Kazakhstan to conduct a detailed study of the supervisory structure of their securities’ industry using IOSCO standards and examine their nascent pension industry. Her FSAP work led her to review the Handbook of Financial Sector Assessment for the World Bank Institute.

Policy papers written for the World Bank include:

  1. A regulatory assessment of asset-backed securities, with a critical overview of Basle II for developing countries, and policy recommendations for developing ABS markets
  2. Development of a regional bond market in Asia
  3. Financial Development and Poverty Reduction: Linkages and Policy Options.
  4. Global Food Crisis.