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Ashoka Mody Quotes

A German return to the deutsche mark would cause the value of the euro to fall immediately, giving countries in Europe's periphery a much-needed boost in competitiveness.Get Image

Globalization operates not only by reducing domestic pressures on inflation but also by reducing the scope of domestic authorities to influence the pace of inflation.Get Image

The latest round of wrangling between Greece and its European creditors has demonstrated yet again that countries with such disparate economies should never have entered a currency union.Get Image

Germany has done Europe a service: By proposing the Greece exit the euro, it has broken a political taboo.Get Image

For decades, politicians have peddled the common currency as a symbol of European unity, despite the flawed economics pointed out as far back as 1971 by the Cambridge professor Nicholas Kaldor.Get Image

Photo of Ashoka ModyBiography of Ashoka Mody:

Ashoka Mody is an Indian-born economist. He is the Charles and Marie Robertson visiting professor in international economic policy and lecturer in public and international affairs, Woodrow Wilson School of Public and International Affairs, Princeton.

Mody studied Electronics at the Indian Institute of Technology at Madras. After his B.Tech. (1978) he switched fields and obtained a M.Phil. in Applied Economics at the Centre for Development Studies in Trivandrum 1979, where he worked as a Research Associate until completing his PhD in Economics from Boston University in 1986.

He briefly joined AT&T Bell Laboratories as a member of their technical staff before joining the World Bank. In 1997/1998, Mody was a Visiting Professor of Public Policy at the Wharton School. From 2001 until his retirement Mody was the assistant director of the International Monetary Fund's European Department. He is opposed to fiscal austerity. He is also affiliated with the Brussels European and Global Economic Laboratory BRUEGEL.

In October 2009 as Mody returned to his home in Bethesda, Maryland when he was shot multiple times whilst in his car by a masked gunman who then fled on foot. Police issued an arrest warrant for Mohau Mercy Mathibe who worked for a trial period at the IMF under Mody.

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