Ashoka Mody Quotes
Some Germans worry that a rising deutsche mark would render their exports less competitive abroad.Get Image
For years, Germany has been running a large current account surplus, meaning that it sells a lot more than it buys.Get Image
Germans know how to live with a stronger exchange rate.Get Image
Before introduction of the euro, the deutsche mark continuously appreciated in value.Get Image
If Germans reintroduce their currency now, it will give them a new incentive to improve the lagging productivity in the services they produce for themselves.Get Image
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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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