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CV Tarun Kanti Das for Development Economist/ Adviser 2018 1

1. Proposed Position: Development Economist / Advisor


2. Name of Firm: NIL
3. Name of Expert: Tarun Kanti Das

4. Permanent Address: 10/14 First Floor, East Patel Nagar, New Delhi-110001, India.
Tel: (+91-11) 2588-4540 Mob: (+91) 9818024569 E-Mail: das.tarun@hotmail.com
5. Date of Birth: 19 August 1947 Citizenship: India

6A. Education [Indicate college/university and other specialized education of expert, giving names of
institutions, degrees obtained, and dates of obtainment]:
Institute/ University From To Degree and Year of Award Major subjects

University of East Anglia, Sept 1974 July 1977 Ph.D. (Applied Impact of Demographic
Norwich NR4 7TJ, England, Eonometrics) 1977, Transition on Poverty and
U.K. (as Commonwealth “Decompositions of Poverty Inequality in UK, USA, India,
Scholar in the U.K.) and Inequality Measures” Bangladesh, Pakistan and
Sri Lanka
Presidency College, Sept 1967 Nov1969 MA (Quantitative Economics with Statistics,
University of Calcutta, Economics) 1969 Econometrics and
College Street, Kolkata, India First Class, Ranked Mathematical Economics as
Second in the University Special Papers
Presidency College, June1964 June1967 BA Hons. (Economics) Economics with Statistics
University of Calcutta, 1967 First Class First, and Mathematics as
College Street, Kolkata, India Gold Medalist Accompanying Subjects

6B. Other Qualifications/ Trainings obtained:


(a) Training on Computer Programming, East Anglia University, England, May 1975.
(b) Training on Advanced Computer Programming at the National Informatics Centre, Delhi, June 1987.
(c) Very efficient in working with MSWORD, MS-EXCEL, MS-PPP, RegressIT, XLSTAT, SPSS and
EVIEWs for statistical analysis and econometric applications and modelling.

7. Membership of Professional Associations:


(a) Life Member, Indian Economic Association,
(b) Life Member, Indian Association for Research on Income and Wealth,
(c) Life Member, Association of Indian Economic Service,
(d) Life Member, Global Management Teachers Consortium,
(e) Life Member, Indian Econometric Society,
(f) Referee, Asia-Pacific Development Journal, UN-ESCAP, Bangkok,
(g) Referee, African Journal on International Marketing and Financial Management.

8. Countries of Work Experience During Last 25 Years

Worked as Development Economist for the Asian Development Bank, African Development Bank,
Commonwealth Secretariat, IMF, World Bank, Global Development Network, UNCTAD, UNDP, UN-ECA,
UN-ESCAP, UNITAR, UN-SIAP in 26 countries in Asia, Africa, EU and USA viz. Bahrain, Bangladesh,
Bhutan, Cambodia, China, Ethiopia, Gambia, India, Indonesia, Japan, Lao PDR, Malaysia, Maldives,
Mongolia, Nepal, Philippines, Thailand, Samoa, Senegal, Singapore, Sri Lanka, Switzerland, UAE, UK,
USA and Uzbekistan. Also worked on economires of CAREC Countries including Kyrgyz Republic.

9. Languages [For each language indicate proficiency: good, fair, or poor in speaking/reading/writing ]:
Languages Speaking Reading Writing
English Good Good Good
Hindi Good Good Good
Bengali Good Good Good

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CV Tarun Kanti Das for Development Economist/ Adviser 2018 2

10. Employment Record [Starting with present position, list in reverse order every employment held by
expert since graduation, giving for each employment (see format here below): dates of employment,
name of employing organization, positions held.]:

Period Employng Organization Position Held (Major Tasks)


(From To)
27 March to Asian Development Bank, South Asia ADB Research Specilist (Economic
30 June 2017 Region Department (SARD), Phillipines, Assessment of Transport Sector
Manila Development in Sri Lanka)
Dec 2016 to World Bank funded project on Social and World Bank Consultant for Social and
Jan 2017 Enviromental Impact Analysis and Enviromental Impact Analysis and
Financial/Economic Cost Benefit Analysis, Financial/Economic Cost Benefit Analysis
through PWC India Ltd., Laos, Vientiane of Hydro Power Projects in Lao PDR
Sep 2016 to ADB funded project on Power Sector Road ADB Public Resource Management Expert
Nov 2016 Map for Bhutan through PWC India Limited (Macroeconomic Projections and Debt
Sustainability Analysis)
Dec 2015 to ADB funded project on Power Sector ADB Public Finance Expert
Feb 2016 Road Map for CAREC Countries (viz. (Macroeconomic Projections for
Afghanistan, Azerbaijan, China, Kazakhstan, Assessment of Macroeconomic Stabilility,
Kyrgyz Republic, Mongolia, Pakistan, Financial/Fiscal Viability, and Debt
Tajikistan, Turkmenistan and Uzbekistan) Sustainability of each of 10 CAREC
through PWC India Limited Countries.
May 2015 Ministry of Finance, Government of Macro-Fiscal Policy and Macro-Economic
to Dubai, Dubai, UAE Projections Adviser (Macroeconomic
Oct 2015 Forecasting and Formulation of Public
Financial Manament Reforms)
Jan 2011 to World Bank Administered and Multi- World Bank Technical Adviser (Macro-
June 2014 Donor (EU/DFID/Netherlands/Canada) Fiscal Modelling and Macroeconomic
Funded Project on Deepening Medium Forecasting, Medium Term Strategic
Term Budgeting Framework (DMTBF) Planning and Budgeting, Project
and Strengthening Financial Appraisal and Monitoring and Evaluation,
Accountability, Ministry of Finance, and and Public and External Debt
Planning Commission, Govt. of Management and Policy)
Bangladesh, Dhaka.
Dec 2010 ADB Program on Strengthening ADB Public Debt Management Adviser
Institutional Capacity for Macroeconomic (Macroeconomic Projections, Public and
Management, Ministry of Finance and External Debt Management and Policy)
Treasury, Govt. Of Maldives, Male.
Dec 2008 to African Development Bank Institutional AfDB Macroeconomic Adviser
Nov 2010 Support Project on Financial and (Macroeconomic Forecasting, Medium
(for 20 Economic Reforms, Ministry of Finance Term Strategic Planning & Budgeting,
months on and Economic Affairs, The Gambia, Public and External Debt Management
intermittent Banjul, Africa. and Policy)
basis)
Sep-Oct 2009 ADB Program on Macroeconomic ADB Macroeconomic Modeling Specialist
and Management, ADB Nepal Resident and Team Leader (Macroeconomic
Apr-May Office, and Nepal Rastra Bank, Nepal, Projections for medium term planning and
2010 Kathmandu budgeting, and Formulation of Fiscal-
Monetary Policies)
Sept 2008 World Bank Resident Office and Minstry World Bank Consultant (Macroeconomic
to of Finance, Uzbekistan, Tashkent Projections, and Public and External Debt
Nov 2008 Management and Policy)
15 July to Commonwealth Secretariat, COMSEC Consultant (Macroeconomic
31 Aug Special Advisory Services on Debt Projections, Public and External Debt
2008 Management, UK, England Management and Policy)

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Period Employng Organization Position Held (Major Tasks)


(From To)
01 June ADB Capacity Building Project on ADB Strategic Planning Expert
2007 to Governance Reforms, Ministry of (Strategic Planning and Budgeting, Macro
08 July Finance, Mongolia, Ulaanbaatar Fiscal Forecasting, and Public Financial
2008 Management)
Mar 2006 to Institute for Integrated Lerarning for Professor (Public Policy and Research
May 2007 Management (IILM), New Delhi, India. Methodology)
Mar 1989 to Ministry of Finance, Government of India, Economic Adviser (Macro-Fiscal
Jan 2006 New Delhi, India. Forecasting, Public and External Debt
Management and Policy; Formulation of
Public Financial Management Reforms)
Jan 1987 to Planning Commission, Govt. of India, Adviser (Transport Modelling and Policy
Feb 1989 New Delhi, India. Planning)
Oct 1984 to Ministry of Steel and Mines, Govt. of India, Chief Economist and Head of the
Dec 1986 New Delhi, India. Economic Research Unit
Oct 1982 to Bureau of Industrial Costs and Prices, Chief (Economic Division)
Sep 1984 Min of Industry New Delhi, India.
May 1978 to UNDP Transport Policy Planning Project, Deputy Adviser (Transport Modelling and
Sep 1982 Planning Commission, New Delhi, India. Policy Planning)
July 1973 to Department of Economic Affairs, Research Officer (Public Finance
April 1978 Ministry of Finance, Govt of India, Management and Policies), Was on
New Delhi, India. Study Leave as Commonwealth Scholar
for doing Ph.D. during Sept 1974 to July
1977 at the University of East Anglia,
England.
Nov 1971 to Indian Economic Service, Department of Assistant Director (Economic
June 1973 Personnel and Training, Govt of India, New Administration)
Delhi, India.
June 1970 to Center of Advanced studies for Economics, Research Fellow (Economics of Poverty
Oct 1971 Presidency College, Calcutta, India. and Inequality)

Short Term External Consultancies

Two weeks ADB, Manila, Philippines ADB Consultant for preparing Country
every year in Chapter on India for the Asian
1990-1995 Development Outlook
Two weeks UN-ESCAP, Thailand, Bangkok UN-ESCAP Consultant as Country
every year in Reporter for India for the ESCAP Annual
1991 to 2005 Economic &Social Survey
Oct 2007 UN-ESCAP, Thailand, Bangkok Consultant (Interlinkages of MDGs with
PRSP Reports, National Development
Plans and Budgets in selected Asian
Economies including South Asia)
Aug 2007 United Nations Statistical Institute for Asia Resource Person for Inter-Govt. Training
and Pacific (UN-SIAP), Japan, Chiba. on Govt. Finance, BOP, Monetary-
Financial Statistics
Dec 2006 Malaysian Institute for Economic MIER Consultant (Role of Mergers and
Research (MIER), Malaysia, Kula Lumpur Acquisitions for Promoting Foreign Direct
Investment)
Sept 2005 to UNESCAP Program on Debt Management UNESCAP Consultant (Macroeconomic
May 2006 at Ministries of Finance, Samoa, Apia (Sept Projections, and Public and External
(3 months on 2005), Laos at Viantiane, and Cambodia at Debt Management and Policy)
intermittent Phnom Penh (Feb 2006), and Nepal at
basis) Kathmandu (May 2006)

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Period Employng Organization Position Held (Major Tasks)


(From To)
Dec 2005 UNITAR Program on Public Law and UNITAR Consultant (Public Law, Acts,
Legal System for Debt Management, Regulation and Legal System for Debt
Ministry of Finance, Govt. of Indonesia, Management)
Jakarta
Nov 2005 Office of Development Studies, UNDP, UNDP Consultant (Financing
UN Plaza, New York, USA International Co-operation Behind
National Borders)
Jan 2005 Global Development Network, GDN Consultant (Bridging Research and
University of Senegal, Dakar Policy- A Case Study for India)
Oct 2003 UN-ESCAP, Thailand, Bangkok Consultant (Role of Resource Based
SMEs for Poverty Reduction and Export
Promotion in Asian Economies)
March 2003 World Bank Resident Office and Ministry World Bank Consultant (Management of
of Finance, Govt. Of Philippines, Manila contingent liabilities of the government)
Feb 2002 International Monetary Fund (IMF), USA, Member, IMF Expert Group (Government
Washington Finance Statistics Manual 2001)
Oct 1998 UN Economic Commission for Africa (UN- Consultant (Role of Private Sector &
ECA), Addis Ababa, Ethiopia. Privatization in Africa)
Oct 1997 UN-ESCAP, Bangkok, Thailand. Consultant (Nexus among FDI, Growth and
Technology Transfer in ESCAP
Economies),

Oct 1996 UN-ESCAP, Bangkok, Thailand. Consultant (Role of Private Sector and
Privatization in Asia)
May 1996 China Internl Centre for Eco and Technical UN-ESCAP Consultant (Role of FDI for
Exchanges Industrialization and Technology Transfer)
July 1993 UNCTAD, Switzerland, Geneva, and Member, UNCTAD Ad-hoc Working
and Group on Non-Debt Creating Financial
July 1994. UNCTAD, UN, New York, USA. Flows
July 1995
March 1993 UNDP, UN-Plaza, New York, USA. UNDP Consultant (Human Development
Index),

11. Detailed Tasks Assigned:


Scope of Work: As Development Economist/Advisor, the specialist will provide over-all guidance in the
preparation of the Study Report in coordination with EREA staff. He/she in collaboration with EREA staff will
prepare the overview chapter, policy recommendation chapter and Executive Summary of the Study Report.
He/she will also support EREA staff in undertaking sector specific study/ies identified under the Subproject.
He/She will also provide advice and comments to chapter authors to finalize their background reports.
Finally, to ensure that the final Study report will be of high quality, he/she will undertake the economic editing
of the Study Report.
Detailed Tasks and/or Expected Output:
1. Review and advise on the proposed overall storyline for the CDS.
2. Provide comments and suggestions on proposed outlines of CDS chapters.
3. Prepare the overview chapter which includes the economic performance, and discuss related historical
and current policies implemented by the government.
4. Review draft chapters and background papers to identify gaps, if any, and ensure the quality and
consistency across CDS chapters by providing guidance and written comments to chapter authors in
revising and improving their respective background papers.
5. Participate and present in consultation workshops with government officials and relevant stakeholders, as
requested by the assigned EREA staff.
6. Prepare in collaboration with EREA staff and consultants an international comparison study on land-
locked countries which can be incorporated as a chapter or section in the Study Report.
7. Prepare in collaboration with EREA staff the policy recommendation chapter based on the various

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background papers.
8. Prepare in collaboration with the assigned EREA staff, an executive summary of the Study Report.
9. Undertake economic editing of the Study Report for consistency with economic theory as well as empirical
evidence and ensure consistency of all data and information as well as relevant comments and feedback
from various stakeholders are incorporated.
10. Work closely with the assigned EREA task manager throughout the contract period.
11. Perform other task, i.e. prepare sector studies to support the CDS under the Subproject as requested by
the Director, EREA.
Key output/reporting requirements:
1. First draft of the overview chapter, proposed comments and initial policy recommendations.
2. Final edited draft – finalized draft incorporating comments from various stakeholder and ready for
publication,
3. Final edited executive summary.
4. First draft of the Sector Specific Study.
5. Final Sector Specific Study
Minimum Qualification Requirements: The consultant should have a strong background in development
economics, with a doctoral degree in economics. The consultant will also have extensive experience and in
depth knowledge and understanding of ADB DMCs. Strong publication record as well as extensive
experience in editing reports and monographs will be an advantage.
Minimum General Experience- 10 Years
Minimum Specific Experience (relevant to assignment)- 10 Years
Regional/Country Experience- Required

12. Work Undertaken that Best Illustrates Capability to Handle the Tasks Assigned
[Among the assignments in which the expert has been involved, indicate the following information for
those assignments that best illustrate the expert’s capability to handle the tasks listed under point 11.]
Name of assignment or project:
Year / Location:
Client:
Main project features:
Positions held:
Activities performed:

(Please see the following sections)

12-A. Name of assignment or project: ADB Contract No.133436-S93479 TA-7997 REG:


Strengthening Knowledge-Driven Development in South Asia-Research Specialist (Transport Sector
Assessment Specialist) (45282-001), SARD, Asian Development Bank, Manila, Philippines.
Year / Location: 27 March to 30 June 2017, ADB Sri Lanka Resident Office, Colombo; and Delhi, India.
Client: Asian Development Bank, South Asia Region Department, Manila, Philippines.
Main project features: Economic Assessment of Transport Sector Development in Sri Lanka
Positions held: ADB Research Specialist

Activities Performed:
(1) Prepared a Report on assessment of the financial, fiscal, economic, social, technological and
environmental sustainability of the transport sector development in Sri Lanka.
(2) Report dealt with Sector Profile; National Political-Economic-Social-Technological Context;;
institutional set up and regulatory framework; national and sector development strategies, constraints
and policies; Medium Term Macro-Economic and Fiscal Framework; Medium Term Investment Plan
for major sectors; and national and transport sector Development Challenges and Prospects;
(3) Report made situational analysis and assessment of operational and financial performance of
various transport modes, Strength-Weakness-Opportunities and Threat (SWOT) Analysis, Multi-
Stakeholders Analysis (MSA), sector development and investment plan and financial budget; and
funding by the ADB and other development partners during the past decade.
(4) Report also made a review of recent Country Assistance Program Evaluation (CAPE) and
Transport Sector Assistance Program Evaluation (SAPE) conducted by ADB/ IED and review of
recent Project Completion Reports (PCR) by ADB; and drew lessons for future ADB Assistance
Programs in Sri Lanka and regional integration in South Asia.

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12-B. Name of assignment or project: ADB “TA-9005 BHU: South Asia Subregional Economic
Cooperation Green Power Investment Program (48489-001), Contract No.: 124786-S52800”
Subcontracting Agreement PwCPL India and Dr Tarun Kanti Das
Year / Location: September-November 2015; Thimpu, Bhutan and New Delhi, India.
Client: Asian Development Bank through PWC India Private Limited
Main project features: Economic-Financial-Fiscal-Debt Sustainability Analysis for Bhutan
Positions held: Public Resource Management Expert

Activities Performed:
(1) Prepared a Report on projections of major maceoeconomic variables for the medium term; and
analysis of macroeconomic prospects and outlook, and fiscal-financial-debt suatainability for Bhutan;
(2) Provided advice and guidance for management of public debt, external debt and contingnt liabilities;
(3) Conducted DSA (Debt Sustainability Analysis) and prepared Medium Term Debt Management strategy
(MTDS) in the IMF-World Bank DSA and MTDS Framework.
(4) Advised on fiscal-monetary policies and capital market development measures for debt sustainability.

12-C. Name of assignment or project: ADB TA-8727 REG: Research and Development Technical
Assistance for Study for a Power Sector Financing Road Map within Central Asia Regional Economic
Cooperation (CAREC)
Year / Location: November 2015 to April 2016 at New Delhi, India.
Client: Asian Development Bank through PWC India Private Limited
Main project features: Economic-Financial-Debt Sustainability Assessment for each of 10 CAREC
(Central Asia Regional Economic Co-operation) Countries
Positions held: Public Financial Management Expert
Activities Performed:
(1) Prepared a Report on Medium Term Macroeconomic Projections for Assessment of Macroeconomic Stability,
Fiscal-Financial Viability and Debt Sustainability Analysis for each of 10 CAREC Countries (VIZ. Afghanistan,
Azerbaijan, China, Kazakhstan, Kyrgyz Republic, Mongolia, Pakistan, Tajikistan, Turkmenistan and Uzbekistan). .
(2) Provided advice on public financial management and fiscal-monetary policies for fiscal viability and
debt sustainability over time.

12-D. Name of assignment or project: ADB Contract No. S18832, TA-7165 (NEP): Strengthening
Capacity for Macroeconomic Analysis-Component B
Year / Location: Aug-Oct 2009 and April-May 2010, Kathmandu, Nepal
Client: ADB Resident Office and Nepal Rastra Bank at Kathmandu, Nepal
Main project features: Upgraded Macro-econometric Model for Nepal
Positions held: ADB Macroeconomic Modelling Specialist and Team Leader
Activities Performed:
(1) Prepared a Report on Analysis of macroeconomic trends, constraints, medium term outlook and,
prospects, and development challenges and issues for Nepal economy;
(2) Prepared a Report on Model Structure, Test and Calibrations of an Upgraded Macro-econometric
Model for Nepal; and projections of major macroeconomic variables for medium term budgeting and
planning, fiscal viability and debt sustainability for Nepal;
(3) Provided advice on monetary and fiscal policies and capital market development measures for
macroeconomic stability and fiscal and debt sustainability;

12-E. Name of assignment or project: World Bank Administered and Multi Donor (DFID/ EU/
Netherlands/Canada) Funded Project on Deepening Medium Term Budgeting Framework (MTBF)
and Strengthening Financial Accountability
Year / Location: Jan 2011 to June 2014, Dhaka, Bangladesh.
Client: World Bank, and Ministry of Finance and Planning Commission, Government of Bangladesh.
Main project features: Macro-Fiscal Modelling and Forecasting, Medium Term Strategic Planning and
Budgeting; Project Appraisal and Monitoring and Evaluation, and Public and External Debt Management
and Policy
Positions held: Technical Adviser (Macroeconomic Projections, Strategic Planning and Budgeting, Debt

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Management and Policy)


Activities performed:
During three and half years, I performed multi-disciplinary tasks as follow:
(a) Prepared Reports for the the Ministry of Finance on assessment of macroeconomic situation,
medium term prospects and outlook, development challenges and issues;
(b) Provided advice for preparation and worked as a Member of the High Level Team in the Planning
Commission for editing the Final Draft of the Sixth Five-Year Strategic Plan (2011-2015) and
Perspective Plan (2011-2020) for Bangladesh;
(c) Provided advice for preparation and worked as a Member of the High Level Team in the Ministry
of Finance for editing the Final Drafts of the Medium Term Macroeconomic Framework, and
Medium Term Fiscal Policy and Budget Strategy Papers;
(d) Worked as the Team Leader in the Ministry of Finance for preparing and editing Reports on
Macro-Fiscal Modelling, Debt Sustainability Analysis and Medium Term Debt Strategy;
(e) Prepared Guide Books on (i) Methodologies and Techniques for Project Appraisal and Result-
Based Monitoring and Evaluation of Public Projects and Programs; and (ii) Preparation of Medium
Term Strategic Plans and Budgets for Line Ministries;
(f) Provided advice for preparation and edited the final drafts of the Operational Medium Term
Strategic Plans and Budgets for selected Line Ministries such as Agriculture, Education, Health,
Power, Local Governments, and Social Welfare;
(g) Provided advice and guidance for management of public debt, external debt and contingnt
liabilities; and formulation of public financial management reforms, fiscal and monetary policies;
(h) Provided advice to the Ministry of Finance and the Bangladesh Bank for formulation of monetary
and fiscal policies and orderly development of government securities and bond markets;
(i) Supported the Ministry of Finance for conducting policy dialogues on economic and fiscal
governance reforms, strategies and work plans with the ADB, IMF, WB, DFID, EU and UNDP.
(j) Prepared Training Manuals and conducted capacity building training programs for multi-
stakeholders on macro-fiscal modelling and forecasting techniques, medium term strategic
planning and budgeting, project appraisal and monitoring and evaluation methodologies, Debt
Sustainability Analysis (DSA) and Medium Term Debt Strategy (MTDS) in WB-IMF Framework.

12-F. Name of assignment or project: African Development Bank (AfDB) Institutional Support
Program on Economic and Financial Governance (ISPEFG)
Year / Location: Dec 2008 to Nov 2010, Banjul, the Gambia (for 20 months on intermittent basis).
Client: Ministry of Finance and Economic Affairs, Government of the Gambia, West Africa.
Main project features: Macroeconomic Modelling and Policy Formulation, Strategic Planning and
Budgeting, and Public and External Debt Management
Macroeconomic Adviser (Macroeconomic Modelling and Strategic Planning and Budgeting)

Activities performed:
During 20 months I performed multi-disciplinary tasks as follow:
(a) Prepared Reports for the the Ministry of Finance on assessment of macroeconomic situation,
medium term prospects and outlook, development challenges and issues;
(b) Provided advice for preparation and worked as a Member of the High Level Team in the Ministry
of Finance for editing the Medium Term Macroeconomic Framework, and Medium Term Budget
Strategy Paper for Poverty Reduction and Accelerating Growth;
(c) Worked as the Team Leader in the Ministry of Finance for preparing and editing Reports on
Macro-Fiscal Modelling, Debt Sustainability Analysis and Medium Term Debt Strategy;
(d) Provided advice for preparation and edited the final draft of the Monthly and Annual Economic
Bulletins on the Gambian Economy;
(e) Provided advice for preparation and edited the final draft of the Operational Medium Term
Strategic Plans and Budgets for selected Line Ministries such as Agriculture and Food, Power,
Education, Health, Road Development, Labor and Social Security;
(f) Provided advice and guidance for management of public and external debt; and formulation of
public financial management reforms, fiscal and monetary policies;
(g) Provided advice to the Ministry of Finance and the Bank of the Gambia for formulation of

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CV Tarun Kanti Das for Development Economist/ Adviser 2018 8

monetary and fiscal policies and orderly development of capital and money markets;
(h) Provided advice for preparation and edited the final draft of the Memorandum on Economic and
Financial Policies (MEFP) for IMF and Project Proposals funded by budget support from donors;
(i) Supported the Ministry of Finance for conducted policy dialogues on economic and financial
governance reforms, strategies and work plans with the African Development Bank, IMF, WB, EU,
DFID and UNDP.
(j) Prepared Guide Books and Training Manuals and conducted capacity building training programs
for multi-stakeholders on Macro-fiscal modelling and macroeconomic projections, medium term
strategic planning and budgeting, Debt Sustainability Analysis (DSA) and Medium Term Debt
Strategy (MTDS) in the World Bank-IMD Framework.

12-G. Name of assignment or project: ADB Capacity Building Project on Governance Reforms
Year / Location: June 2007-July 2008, Ulaanbaatar, Mongolia.
Client: Ministry of Finance, Government of Mongolia.
Main project features: Strategic Planning, Financial Planning, Program Budgeting
Positions held: Strategic Planning Expert
Activities performed:
During 12 months I performed the following multi disciplinary tasks:
(a) Prepared Reports for the the Ministry of Finance on assessment of macroeconomic situation,
medium term prospects and outlook, development challenges and issues;
(b) Provided advice for preparation and worked as a Member of the High Level Team in the Ministry
of Finance for editing the Medium Term Macroeconomic Framework, and Medium Term Fiscal
Policy Paper for Poverty Reduction and Accelerating Growth;
(c) Provided advice to the Ministry of Finance for assessing financial needs for achieving the MDG
targets for poverty and hunger reduction, improvement of primary education and gender equality,
reduction of child mortality, improving maternal health and combating serious diseases;
(d) Provided advice for preparation and edited the final draft of the Operational Medium Term
Strategic Plans and Budgets for selected Line Ministries such as Agriculture and Food; Health;
Education, Culture, Science and Technolgy; Labor, Employment and Social Welfare;
(e) Provided advice to the Ministry of Finance and the Bank of Mongolia for formulation of monetary
and fiscal policies and orderly development of capital and money markets;
(f) Provided support to the Ministry of Finance for conducting policy dialogues on economic and
financial governance reforms, strategies and work plans with the Asian Development Bank, IMF,
WB, EU, DFID and UNDP.
(g) Prepared Guide Books and Training Manuals and conducted capacity building training programs
for multi-stakeholders on Macroeconomic Projections and Financial Planning, Medium Term
Strategic Planning and Program Budgeting.
(h) Acted as UNESCAP Resource Person for the National Workshop on Capacity Building for
Development of Bond Market, organized jointly by the UNESCAP and ADB on 21-22 June 2007,
at Ulaanbaatar, Mongolia.
(i) In October 2007 at UN-ESCAP, Bangkok, presented a Report on Inter-linkages between MDG,
PRSP and National Development Plans and Budgets in selected Asian Economies including
South Asian countriues;
(j) In August 2007 at UN-SIAP, Chiba, Japan conducted a inter-government training program for
Govt Finance Statistics, Balance of Payments, and Monetary and Financial Statistics;
(k) Edited a Book entitled “The Sudoku of India's Growth” written by Arvind Virmani, published by
Business Standard Books, 2009.

12-H. Name of assignment or project: Teaching Public Policy and Research Methodology
Year / Location: March 2006- May 2007, New Delhi, India
Client: Institute of Integrated Learning and Management (IILM), Lodi Road, New Delhi-110002.
Main project features: Teaching Public Policy, Research Methodology, Applied Econometrics,
Positions held: Professor (Public Policy and Research Methodology) and Head of the Economics
Department

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Activities Performed:
(a) Delivered lectures on Public Policy and Research Methodology to MBA students;
(b)Guided Ph.D. students on Research Methodology;
(c)Acted as a Resource Person for the in-service training on Project Appraisal, Monitoring and
Evaluation of Public Development Projects and Programs for the officers of the Indian Economic
Service during April 2007;
(d) Acted as a Resource Person for in-service training program on Applied Econometrics, Time
Series Analysis and Macro-econometric Forecasting Techniques for the officers of the Indian
Statistiscal Service during May 2007

12-I. Name of assignment or project: Macro-Fiscal Modelling, Public Financial Management and
Debt Sustainability Analysis;
Year / Location: March 1989 to January 2006, New Delhi, India
Client: Department of Economic Affairs, Ministry of Finance, Govt of India
Main project features: Macro-stabilisation Policies, Public Finance Management Reforms, Macro-Fiscal
Projections, and Public and External Debt Management
Positions held: Economic Adviser (Macro-Fiscal Projections, Public Finance Management Reforms and
Public and External Debt Management)
Major Tasks Performed:
For almost 17 years as Economic Adviser, I performed the following multi-disciplinary tasks:
(a) Prepared Reports for the the Ministry of Finance on assessment of macroeconomic situation,
medium term prospects and outlook, development challenges and issues;
(b) Provided advice for preparation and worked as a Member of the High Level Team in the Ministry
of Finance for editing the final draft on Medium Term Macroeconomic Framework, and Medium
Term Fiscal Policy and Budget Strategy Papers;
(c) Worked as the Team Leader in the Ministry of Finance for preparing and editing Reports on
Macro-Fiscal Modelling, Debt Sustainability Analysis and Medium Term Debt Strategy;
(d) Provided support for preparation and editing the Monthly Economic Report, and the Ministry of
Finance flagship publication of the annual pre-budget Economic Survey;
(e) Provided support to the Ministry of Finance and the Reserve Bank of India for management of
debt and contingnt liabilities; cash management; setting benchmarks for debt management;
formulation of monetary policies and development of government securities and bond markets;
(f) Provided Support to the Public Investment Board for appraisal, and monitoring and evaluation of
mega public sector projects and programs for physical and social infrastructure;
(g) Supported the Ministry of Finance for conducting policy dialogues on economic and fiscal
governance reforms, strategies and work plans with the ADB, IMF, WB, DFID, EU and UNDP.
(h) Assisted the Ministry of Finance for national budget planning and preparation of strategic plans
and budgets for selected line ministries;
(i) Organised four international conferences on macroeconomic policies and debt management at
Delhi, Goa, Kovalumpur in India and Kathmandu in Nepal funded by the World Bank IDF grant.
(j) Prepared Training Manuals and conducted capacity building training programs for multi-
stakeholders on macro-fiscal modelling and forecasting techniques, strategic planning and
budgeting, Debt Sustainability Analysis (DSA) and Medium Term Debt Strategy (MTDS).
(k) Worked as a short term ADB Consultant during 1990-1995 for drafting India Chapter for the Asian
Development Outlook (ADO); and Country Reporter for the ESCAP during 1991-2005 for
preparation of the ESCAP Annual Survey;
(l) Worked as short-term Consultant on development policies in various countries for ADB,
Commonwealth Sectt,, GDN, IMF, UNCTAD, UNECA, UNDP, UNESCAP, UNITAR, World Bank.
(m) Acted as a Member of High Level Indian Government Delegations to the World Bank, IMF, ADB,
WTO, UNCTAD, UN-ESCAP and UN Commission for Sustainable Development.
(n) I was a Member of the IMF Expert Committee for finalization of the Government Finance
Statistics (GFS) Manual 2001, and a Member of the UNCTAD Ad Hoc Working Group on Non-
Debt Creating Financial Flows during 1993-1995.
(o) I was also Country Coordinator for India for IMF Government Finance Statistics and Special Data
Dissemination Standards (SDDS), World Bank Global Development Finance (GDF), and the
Commonwealth Secretariat Debt Data Recording and Management System (CS-DRMS) for India.

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CV Tarun Kanti Das for Development Economist/ Adviser 2018 10

Short Term International Consultancy on Related Subjects

Period (From To) Employing Organization Position Held

For two weeks every ADB, Manila, Philippines ADB Consultant for preparing
year in 1990-1995 Country Chapter on India for the
Asian Development Outlook
For two weeks every UN-ESCAP, Thailand, Bangkok UN-ESCAP Consultant as Country
year in Reporter for India for the ESCAP
1991 to 2005 Annual Economic &Social Survey
Oct 2007 UN-ESCAP, Thailand, Bangkok Consultant (Interlinkages of MDGs
with PRSP Reports and National
Development Plans and Budgets in
selected Asian Economies
Sept 2005 to UNESCAP Program on Public Debt UNESCAP Consultant
May 2006 Management at Ministries of (Macroeconomic Projections, and
(Short term for 3 Finance, Govt. of Samoa, Apia (Sept Public and External Debt
months on 2005), Govt of Laos at Viantiane, Management and Policy)
intermittent basis) and Govt. Of Cambodia at Phnom
Penh (Feb 2006), Govt of Nepal at
Kathmandu (May 2006)
Dec 2005 UNITAR Program on Public Law for UNITAR Consultant (Public Law,
Debt Management, Ministry of Acts, Regulation and Legal System
Finance, Govt. of Indonesia, Jakarta for Debt Management)
Nov 2005 Office of Development Studies, UNDP Consultant (Financing
UNDP, UN Plaza, New York, USA International Co-operation Behind
National Borders)
Oct 2003 UN-ESCAP, Thailand, Bangkok Consultant (Role of Resource
Based SMEs for Poverty Reduction
and Export Promotion)
March 2003 World Bank Resident Office and World Bank Consultant
Ministry of Finance, Govt. Of (Management of contingent liabilities
Philippines, Manila of the government)
Oct 1997 UN-ESCAP, Thailand, Bangkok Consultant (Nexus among FDI,
Growth and Technology Transfer in
Asian Economies)
Oct 1995 UN-ESCAP, Bangkok, Thailand. Consultant (Role of Private Sector
and Privatization in Asia in Asian
Economies)

13. Certification:
I, the undersigned, certify to the best of my knowledge and belief that:
(i) this CV correctly describes my qualifications and my experience;
(ii) I am neither sanctioned nor ineligible for ADB engagement.
I understand that any willful misstatement described herein may lead to my disqualification or dismissal, if
engaged.

Date: 07 January 2018


Signature of expert (Day/Month/Year)

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CV Tarun Kanti Das for Development Economist/ Adviser 2018 11

ANNEX

Major Publications and Coknsultancy Reports of Tarun Kanti Das

1. Macroeconomic Forecasting, Medium Term Strategic Planning and Budgeting,


Macro Stabilization Policies and Structural Reforms
A. Consultancy Reports and Books Published

1.1 Asessment of Economic, Financial, Fiscal, Social and Environmental Sustainability of Transport
Sector Development in Sri Lanka, pp.1-110, Southy Asia Region Department, Asian
Development Bank, Manila,Philippines, June 2017.
1.2 Macro-Fiscal Models for Assessment of Macroeconomic Stability, Fiscal Viability and Debt
Sustainability of CAREC Countries, pp.1-125, ADB Funded Project on Central Asia Regional
Economic Cooperation, February 2016.
1.3 Alternative revenue projections for Dubai by different forecasing models such as Secular growth,
GDP Bouyancy and Elasticity, and Revenue Drivers Basd Models, pp.1-60, Ministry of Finance,
Government of Dubai, Dubai, UAE, September 2015.
1.4 An operational consistent macroeconomic spreadsheet model for Bangladesh- analytical
framework, model structure, data base, test and calibration techniques and medium and long term
projections, pp.1-96, World Bank Administered and Multi-Donor (DFID, EU, Netherlands) Funded
Project on DMTBF, MOF, Bangladesh, Dhaka, 20 May 2014.
1.5 Project Appraisal, M&E, and Budget Preparation, PP.1-25, World Bank Administered Multi-Donor
(DFID, EU, Netherlands) Funded Project on DMTBF, MOF, Bangladesh, Dhaka, June 2013,
1.6 An Operational Guide to Prepare Medium Term Strategic Business Plans (MTSBP) for Line
Ministries, pp.1-38, World Bank Administered and Multi-Donor (DFID, EU, Netherlands) Funded
Project on DMTBF, Ministry of Finance, Bangladesh, Dhaka, January 15, 2012.
1.7 An Operational Macro-econometric Model for Nepal- Model Structures, Data Base, Test and
Calibration Techniques, Part-1: 60 pages and Part-2: 65 pages, ADB Resident Office in
Kathmandu & Nepal Rastra Bank, Kathmandu, Oct 2009.
1.8 Trends and projections of sectoral GDP growth rates for the Gambia during 1998-2008-2013 and
some policy issues, AfDB ISPEFG, pp.1-18, 28 Feb 2009.
1.9 Interlinkages between development research, policy planning and outcome in the post reforms
period in India and analytical lessons for other developing countries, jointly with Arvind Virmani,
pp.1-115, East Asian Bureau for Economic Research (EABER), Australia, April 2008.
1.10 Preparation of Strategic Business Plans- Structural Framework and Guidelines to Line Ministries,
pp.1-74, ADB-CBPGR, Mongolia, Ulaanbaatar, Sep 2007.
1.11 Official Economic statistics-Part-1: Government Finance Statistics (GFS) and Balance of Payments
(BOP) Statistics, pp.1-70, Part-2: Monetary and Financial statistics (MFS); Multi–Factor Productivity
Measures; UN Statistical Institute for Asia and Pacific (UN-SIAP), Chiba, Japan, Aug 2007.
1.12 Financing International Cooperation behind National Borders- a Case Study for India, pp.1-46,
Office of Development Studies, UNDP, New York. March 2006.
1.13 Economic Reforms in India- Rationale, Scope, Progress and Unfinished Agenda, pp.1-80, Bank of
Maharashtra, Planning Department, Pune, February 2003.
1.14 Preparation of Indices for Services Production, jointly with R. Dasgupta, pp.1-250, National
Institute for Banking and Management, Pune, India, Jan 2003.
1.15 Role of Agro-based and Resource-Based SMEs for Export Promotion and Poverty Alleviation in
ESCAP countries, pp.1-126, UN ESCAP, Bangkok, January 2003.
1.16 Implications of Globalization on Industrial Diversification in Asia, pp.ix+1-86, UN ESCAP, Bangkok,
UN Publications Sales No.E.02.II.F.52, December 2001.
1.17 Role of private sector including Privatization in Selected Asian Countries and Lessons for Africa,
pp.1-110, UN-ECA, Addis Ababa, Ethiopia, Oct. 1998.
1.18 Foreign Investment- Technology Transfer- and Growth Nexus in Asian Economies, pp.1-158,
ESCAP, United Nations, Bangkok, Oct 1997.
1.19 Policies and Strategies for Promoting the Role of the Private Sector and Privatization in Industrial
and Technological Development in Asian Economies, pp.1-171, ST/ESCAP/1696, UN, NY, 1996.

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CV Tarun Kanti Das for Development Economist/ Adviser 2018 12

1.20 Macro-economic Framework and Foreign Investment in India, WG on Investment and Financial
Flows, pp.1-75, TD/B/WG.1/Misc.3/ Add.3, UNCTAD, 1993.

B. Published Papers in International Journals and Books

1.21 General Agreement on Trade in Services– Implications for the Indian financial sector, pp.6-14, Bima
Vidya, Management Development Centre, Mumbai, July 2003.
1.22 Structural Reforms and Stabilization Policies in India – Rationale and Medium Term Outlook, pp.20-
56, in Economic Liberalization and its Impact, ed. by SP Gupta, Macmillan India Ltd., Delhi, 1993.
1.23 Pricing, productivity and competitiveness of Indian Steel industry, pp.269-292, in Indian
Industrialization, ed. Arun Ghosh, Oxford University Press, Delhi, 1992.
1.24 Trends and projections of rail and road goods and passenger traffic in India, pp.105-161, in
Transport Planning and Development, ed. V Mahajan, Deep & Deep, Delhi, 1991.
1.25 Monitoring and Projecting Budget Deficits of the Government – A Technical Note, Ministry of
Finance, pp.1-21, August 1990.
1.26 Multisectoral and multiregional transport model for India– database and calibration techniques,
pp.391-403, Environment and Planning (London), 15-A, 1983.
1.27 Application of shift and share technique for forecasting regional and sectoral growth in India in the
Sixth Plan, pp.187-200, Indian Journal of Regional Science, 13(2), 1981.

2. MDGs, PRSP, Poverty and Inequality Analysis


A. Published Consultancy Reports by Donors and Papers in International Journals

2.1 Interlinkages between UN Millennium Development Goals (MDGs), National Development Plans and
Poverty Reduction Growth Strategy - Selected Country Experiences from ESCAP, Part-1, pp.1-84,
Part-2, pp.1-78, ESCAP, United Nations, Bangkok, October 2007.
2.2 Promoting resource-based export-oriented SMEs in Asia and Pacific, pp.33-76, Investment Promotion
and Enterprise Development Bulletin for Asia and Pacific, ESCAP, UN, Bangkok, Sept 2003.
2.3 Poverty and Environment- How to break the vicious circle? Pp.39-46, Souvenir of the Global
Society for Protection of Human Rights, Delhi, Jan 2000.
2.4 UNDP Human Development Index – Some Methodological Issues and Alternative Measures, pp.1-30,
UNDP, UN Plaza, New York, March 1993.
2.5 Inequality index with differences in inequality aversion for groups, Rivista Internazionale di Scienze
Economiche e Commercialli (Milan, Italy), 1983.
2.6 Decompositions of inequality measures and a comparative analysis, jointly with Prof. A. Parikh,
pp.23-48, Empirical Economics (Vienna, Austria), vol.7, 1982.
2.7 Statistical interpretation and decomposition of Atkinson’s inequality index, with Prof. A. Parikh, pp.13-
18, Rivista di Mathematica per le Scienze Economiche e Socoali (Milan, Italy), 15(1), 1982.
2.8 Decompositions of Atkinson’s measure of inequality, jointly with Prof. Ashok Parikh, pp.171-178,
Australian Economic Papers, vol.20 (36), June 1981.
2.9 Choice of demographic units in analyzing the size distribution on income, pp.20-29, Journal of
Income and Wealth, 3 (1), 1978.

3. Management of Public Debt, External Debt and Contingent Liabilities


A. Books and Research Reports Published by Donors

3.1 The Gambia- Independent Debt Sustainability Analysis, pp.1-40, Commonwealth Secretariat,
London, U.K. August 2008.
3.2 Management of External Debt-International Experiences and Best Practices, pp.1-46, Best
Practices Series No.9, UN Institute for Training and Research (UNITAR), Geneva, 2006.
3.3 Governance of Public Debt- International Experiences and Best Practices, pp.1-44, Best Practices
Series No.10, UN Institute for Training and Research (UNITAR), Geneva, 2006.
3.4 Manual on Effective Debt Management, pp.1-118, ESCAP, United Nations, Bangkok, Thailand, 2006
(Major Contributor as UNESCAP Consultant for preparation of the Manual)..
3.5 Country Experience of India, pp.141-147, part-2, External Debt Statistics - Guide for Compilers and
Users, IMF and World Bank, Washington D.C., 2003.

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CV Tarun Kanti Das for Development Economist/ Adviser 2018 13

3.6 Off budget risks and their management, Chapter-3, Public Expenditure, and Financial Management
Review, Report No. 24256-PH, A Joint Document of The Govt of the Philippines, World Bank
and ADB, World Bank Philippines Country Office, April 30, 2003.
3.7 Management of Public Debt in India, pp.85-110, in Accompanying Document to the Guidelines for
Public Debt Management, IMF, Washington, June 2002.
3.8 External Sector Related Contingent Liability- a Case Study on India, pp.1-123, Commonwealth
Secretariat, London, U.K., Jan 2001.
3.9 Sovereign Debt Management in India, pp.561-579, Sovereign Debt Management Forum:
Compilation of Presentations, World Bank, Washington, 2000.
3.10 East Asian Economic Crisis and Lessons for External Debt Management, pp.77-95, in External Debt
Management, ed. by A. Vasudevan, RBI, Mumbai, April 1999.
3.11 Fiscal Policies for Management of External Capital Flows, pp. 194-207, in Corporate External Debt
Management, edited by Jawahar Mulraj, CRISIL, Bombay, Dec 1999

B. Other Consultancy Reports

3.12 Guidelines for Management of Guarantees of the Government of Bangladesh, pp.1-40, World Bank
Administered DMTBF Project, Finance Division, MOF, Govt of Bangladesh, April 2014
3.13 Alternative Medium Term Debt Management Strategies for Bangladesh, pp.1-28, World Bank
Administered DMTBF Project, Finance Division, MOF, Govt of Bangladesh, Oct 2013.
3.14 Debt Sustainability Analysis for Bangladesh 2013, pp.1-25, World Bank Administered DMTBF
Project, Finance Division, MOF, Govt of Bangladesh, July 2013.
3.15 External Debt Management in Maldives- Policies, Strategies, Procedures and Institutional Set Up-
An Inception Report, pp.1-54, ADB Project on Public Financial Reforms, Min of Finance and
Treasury, Maldives, Male, Dec 2010.
3.16 External Debt Management in Uzbekistan- Policies, Strategies, Procedures, Legal and Institutional
Set Up, pp.1-45, World Bank Country Office, Uzbekistan, Tashkent, November 2008.
3.17 Macroeconomic Situation and Management of External Debt in Nepal, pp.1-15, UN-ESCAP,
Bangkok, May 2006.
3.18 Macroeconomic Situation and External Debt Management in the Context of Globalisation in
Cambodia and Lao PDR in Feb 2006, pp.1-21, UN-ESCAP, Bangkok, May 2006.
3.19 Management of external debt in Indonesia- legal, institutional framework and policy issues, pp.1-30,
Ministry of Finance, Govt of Indonesia, Dec. 2005.
3.20 Management of external debt in Samoa- legal, institutional framework and policy issues, pp.1-30,
UN-ESCAP, Bangkok, Sept 2005.

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