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CURRICULUM VITAE OF DR.

TARUN KANTI DAS

Proposed role in the project: PFM and Macroeconomic Modelling Expert


Category: 1
Staff of:

1. Family Name/s DAS


2. First Name/s TARUN KANTI
3. Date of Birth 19 August 1947
4. Contact Address : 10/14 First Floor, East Patel Nagar, New delhi-110008, India. Tel : 0091-
11-25884540, Mobile:+91-9818024569 Skype: tarun.das58, EMAIL : das.tarun@hotmail.com
5. Passport holder INDIAN
6. Education
Institution Degree(s) or Diploma(s) obtained
[ Date from – Date to ]
School of Economic and Social Studies, University of Ph.D. (Applied Econometrics) 1977
East Anglia, Norwich, NOR 7TJ England, U.K. (Sep Impact of Demographic Transition on Poverty and
1974- July 1977) Inequality in USA, UK, India, Pakistan and Bangladesh
University of Calcutta, Kolkata, West Bengal, India MA ( Auantitative Economics) 1969 with Econometrics,
(Sep 1967- Sep 1969) Statistics and Mathematical Economics as Special
Papers
Presidency College, University of Calcutta, West BA Hons (Economics) 1967 with Statistics and
Bengal, India (July 1964-June 1967) Mathematics as Accompanying Papers

7. Language skills: Indicate competence on a scale of 1 to 5 (1 - excellent; 5 - basic)

Language Reading Speaking Writing


English 1 1 1
Bengali 1 1 1
Hindi 1 1 1

8. Membership of professional bodies:


(a) Member, Indian Economic Service Association
(b) Life Member, Indian Economic Association.
(c) Life Member, Indian Association for Research on Income and Wealth.
(d) Member, Indian Economic Service.
(e) Member, Indian Econometric Society
9. Other skills: Computer literate- Very efficient in working with MSWORD, MS-EXCEL, MS-POWER POINT and
EVIEWS7 for Econometric Applications
10. Present position: Independent International Consultant
11. Years within the firm: Not Applicable
12. Key qualifications:
 Tarun Kanti Das has more than 40 years experience as Public Financial Management (PFM) Expert with
specialisation in Macro-Fiscal Modeling and Macroeconomic and Revenue Forecasting, Analysis of Macroeconomic-
Fiscal situaion and trends and impact of tax policies on overall economic and fiscal situation; Formulation of
macroeconomic and PFM Reforms and Policies; Medium Term Strategic Planning (MTSP) and Budgeting for line
ministries; Preparation of Medium Term Macroeconomic and Fiscal Framework and Medium Term Budget Strategy
and Fiscal Policy Papers, Project Appraisal and Monitoring and Evaluation; Management of Public Debt, External
Debt and Contingent Liabilities, Capacity Building on Macroeconomic Modelling and Forecasting and Macro-Fiscal-
State Budget planning;.
 Worked as a PFM and Macroeconomic Modelling and Forecasting Consultant to the Asian Development Bank,
African Development Bank, World Bank, Commonwealth Secretariat, IMF, UN Economic Commission for Africa (UN-
ECA), UNCTAD, UNDP, UN-ESCAP, UNITAR, UN-SIAP in 26 countries in Asia, Africa, Europe and USA viz. Bahrain,
Bangladesh, Bhutan, Cambodia, CAREC Countries, China, Dubai (UAE), Ethiopia, the Gambia, India, Indonesia,
Japan, Lao PDR, Maldives, Malaysia, Mongolia, Nepal, Philippines, Samoa, Senegal, Singapore, Switzerland, Sri
Lanka, Thailand, UK, USA, Uzbekistan. .
 Possesses diversity in skills in macroeconomic modelling and forecasting, policy plaanning. research, teaching,
training, capacity building, policy dialogues with donors and consultation with multi-stakeholers.

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13. Specific experience in the region and other countries in related fields:

Country/Place Period Post Held and Major Tasks Performed


Clombo, March 2017- ADB Research Specialist (Assessment of Economic-Fiscal-Fiancial
Sri Lanka June 2017 Sustainability of Transport Sector Investment Plan and Program)
Laos, VientianeDec 2016- World Bank Resource Person for Project Appraisal & Economic-
Feb 2017 Financia & Social Assessment of Hydro-power projects in Laos PDR
Bhutan, Thimpu Sep-Nov 2016 ADB Public Resource Management Expert (Macroeconomic Modelling
and Forecasting, and Debt sustainability analysis)
Multi-country Nov 2015 to April ADB PFM Expert: Made Macroeconomic Modelling and Forecasting for
2016 assessment of Macroeconomic Stability, Fiscal and Debt Sustainability
for each of 10 CAREC Countries for Power Sector Development
UAE, Dubai May-October 2015 Macro-Fiscal Policy and Revenue Mobilisation Expert- Macroeconomic
forecasting and modelling, research on macroeconomic-fiscal impact of
tax policies, formulation of macroeconomic and PFM reforms and
policies, training on macroeconomic modelling and forecasting and
capacity building on macro-fiscal-state budget planning
Bangladesh, January 2011- World Bank Technical Advisor : Conducted Macroeconomic modelling
Dhaka June 2014 and Forecasting, Formulation of macroeconomic and PFM Reforms and
Policies, research on macroeconomic-fiscal impact of tax policies,
Prepared Medium Term Strategic Plans/Budget s for selected Ministries;
Member of High Level Teams to prepare state budgets; conducted Debt
Sustainability Analysis, training on macroeconomic modelling and
forecasting and capacity building on macro-fiscal-state budget planning
Maldives, Male Dec 2010 ADB Public Debt Adviser: (Macroeconomic Modelling and Forecasting,
and Debt sustainability analysis)
The Gambia, Dec 2008 to Nov AfDB Macroeconomic Adviser: Conducted Macroeconomic modelling
Banjul 2010 (20 months and forecasting, Formulation of macroeconomic and PFM Reforms and
on Intermittent Policies, research on macroeconomic-fiscal impact of tax policies,
Basis) Prepared Medium Term Strategic Plans/Budget s for selected Ministries;
Member of High Level Teams to prepare state budgets; conducted Debt
Sustainability Analysis, training on macroeconomic modelling and
forecasting and capacity building on macro-fiscal-state budget planning
Nepal, Apr-May 2010 And ADB Macroeconomic Modeling Specialist and Team Leader:
Kathmandu 15Aug-15Oct 2009 Macroeconomic Forecasting for Medium Term Planning and Budgeting
Ujbekistan, Sep-Nov 2008 World Bank Consultant: Macroeconomic Modelling and Forecasting
Tashkent and Debt Sustainability Analysis
UK, ComSec July-Aug 2008 COMSEC Consultant: Macroeconomic Modelling and Forecasting
and Debt Sustainability Analysis
Mongolia, 1 June 2007- ADB Strategic Planning Expert: Conducted Macroeconomic modelling
Ulaanbaatar 7 July 2008 and Forecasting, Formulation of macroeconomic and PFM Reforms and
Policies, research on macroeconomic-fiscal impact of tax policies,
Prepared Medium Term Strategic Plans/Budget s for Line Ministries;
Member of High Level Teams to prepare state budgets; conducted Debt
Sustainability Analysis, training on macroeconomic modelling and
forecasting and capacity building on macro-fiscal-state budget planning
India Mar 2006- Professor (Public Policy, Research Methodology, Macroeconomic
May 2007 Modelling and Forecasting)
India, March 1989- Economic Adviser: Conducted Macroeconomic modelling and
New Delhi Jan 2006 Forecasting, Formulation of macroeconomic and PFM Reforms and
Policies, research on macroeconomic-fiscal impact of tax policies,
Prepared Strategic Plans/Budget s for selected Ministries; Member of
High Level Teams to prepare state budgets; conducted Debt
Sustainability Analysis, training on macroeconomic modelling and
forecasting and capacity building on macro-fiscal-state budget
planninghad PFM policy dialogues with the ADB, WBank, IMF, UNDP.
India, Jan 1987- Adviser (Modeling and Policy Planning): Macroeconomic Modelling and
New Delhi Feb 1989 Forecasting and Debt Sustainability Analysis
Thailand December 2006 UNESCAP Consultant: Linking MDGs with NationalDevPlans & PRSP
Indonesia Secember 2006 UNITAR Consultant (Macroeconomic Forecasting and Debt
Nepal May 2006 UNESCAP Consultant: Macroeconomic Forecasting and Debt
Laos PDR 15-28 Feb 2006 Sustainability Analysis for Nepal, Cambodia, Laos PDR and Samoa
Cambodia 01–14 Feb 2006
Samoa, Apia May 2005
Philippines Jan-Mar 2003 World Bank Consultant (Macroeconomic Frecasing for Public Debt)

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14. Professional experiences including comsultancy assignments:

Date from - Location Company & reference person1 Position


Date to (name & contact details)
March 2017 Colombo, Asian Development Bank, Manila, Research Specialist
Till date Sri Lanka Philippines, Mr. Kanzo Nakai
knakai@adb.org

Major Tasks Performed: Financial-Economic Assessment of the Transport Sector Investment Plans and Programs

Dec 2016 – Vientiane, World Bank Funded Project on Project Appraisal and Financial-
Feb 2017 Laos PDR Economic and Environmental Economic-Social Cost Benefit
Assessment of Hydropower Projects in Analysis Expert
Laos PDR, through PWC India Private
Limited. Rahul Jhunjhunwalia
Rahul.jhunjhunwalia@in.pwc.com

Major Tasks Performed: Financial, economic and social cost benefit analysis and environmental impact analysis of
hydropower projects in Laos PDR

Sep-Nov 2016 Thimpu, ADB Sub-Regional Cooperation ADB Public Resource Management
Bhutan Project for Power Sector Development Expert
for Bhutan, through PWC India, Pvt.
Limited, Sambit Kumar Dash
Power & Utilities Manager,
Email: sambit.k.dash@in.pwc.com
Major Tasks Performed:
(a) Conducted macroeconomic modelling and forecasting for public debt management;
(a) Provided advice and guidance for management of public debt, external debt and contingnt liabilities; and
Conducted DSA (Debt Sustainability Analysis) and prepared Medium Term Debt Management strategy
(MTDS) in the IMF-World Bank DSA and MTDS Framework.
(b) Prepared Guide Books and Training Manuals and organised capacity building trining programs on
macro-fiscal modelling, macro-economic forecasting and public debt management.

April 2015, Multi-Country PWC India Ltd and Asian ADB Public Financial Management
Nov 2015 to (Afghanistan, Development Bank Funded Project on Expert
April 2016 Azerbaijan, Central Asia Regional Economic Co-
China, operation, Sambit Kumar Dash
Kazakhstan, Power & Utilities Manager,
Kyrgyz Email: sambit.k.dash@in.pwc.com
Republic,
Mongolia,
Pakistan,
Tajikistan,
Turkmenistan
Uzbekistan.)
Major Tasks Performed:
Conducted Macroeconomic Modelling and Forecasting for assessment of Macroeconomic Stability and Fiscal and Debt
Sustainability Analysis for CAREC (Central Asia Regional Economic Cooperation) Countries (VIZ. Afghanistan,
Azerbaijan, China, Kazakhstan, Kyrgyz Republic, Mongolia, Pakistan, Tajikistan, Turkmenistan and Uzbekistan.)

May-Oct 2015 Dubai, UAE Department of Finance, Government Macro-Fiscal Policy and Revenue
of Dubai, Dubai, UEA. Forecasting Expert
Peter Winglee, Senior Public
Financial Management Expert
Email: pjwinglee@gmail.com

1 The Contracting Authority reserves the right to contact the reference persons. If you have any objection to this fact,
kindly state so and provide a justification.

3
Date from - Location Company & reference person1 Position
Date to (name & contact details)
Major Tasks Performed:
(1) Conducted economic research and analysis for public financial management reforms and policies,
(2) Conducted Macro-Fiscal Modelling for forecasting of major macroeconomic variables and revenues from
various taxes, duties, fees, penalties and user charges;
(3) Analysed macro-fiscal trends and developments, and conducted tax policy analysis and research on the
impact of tax policies on overall economic growth, inflation and other macroeconomic variables and revenue
mobilization and overall fiscal situation;
(4) Developed tested, calibrated and simulated macroeconomic forecasting models and conducted
macroeconomic forecasts for different scenario;
(5) Assisted the Ministry of Finance for state budget planning and preparation of medium term strategic plans and
budgets for line ministries;
(6) Formulated macro-economic-PFM reforms and policies and assisted in modernization process for Information
and Communication Technology (ICT) systems;
(7) Worked as a Team Leader for Macro-Fiscal Modeling and Macro-economic Forecasting and as a Member of
the High Level Teams / Expert Groups in the Ministry of Finance and Planning Agencies for finalisation of the
macro-economic/revenue forecasting and preparation of Budget, Medium Term Macroeconomic Framework,
Medium Term Fiscal Framework and Medium Term Budget Strategy Papers.
(8) Prepared Guide Books and training manuals and conducted capacity building workshops and training
programs for multi-stakeholders on medium term macro-fiscal-budgetary planning, macro-fiscal modelling and
macro-economic and revenue forecasting models, methodologies and techniques

Jan 2011 – Dhaka, World Bank Administered and Multi World Bank Technical Expert
June 2014 Bangladesh Donor (EU, DFID, Canada, (Medium Term Strategic Planning
Denmark, Netherlands) Funded and Budgeting, Monitoring and
Project on PFM Reforms, Min of Evaluation, Macro-Fiscal modelling
Finance, Govt of Bangladesh and Public Debt Management)
Finance Division, Min of Finance,
Dhaka, Bangladesh. Through PDP
Australia Pty Ltd.
Reference Person
Md. Mahiuddin Khan,
Component Director (C1),
Mauddin62@gmail.com

Major Tasks Performed:


(1) Conducted economic research and analysis for public financial management reforms and policies,
(2) Conducted Macro-Fiscal Modelling for forecasting of major macroeconomic variables and revenues from
various taxes, duties, fees, penalties and user charges;
(3) Analysed macro-fiscal trends and developments, and conducted tax policy analysis and research on the
impact of tax policies on overall economic growth, inflation and other macroeconomic variables and revenue
mobilization and overall fiscal situation;
(4) Developed tested, calibrated and simulated macroeconomic forecasting models and conducted
macroeconomic forecasts for different scenario;
(5) Assisted the Ministry of Finance for state budget planning and preparation of medium term strategic plans and
budgets for line ministries;
(6) Formulated macro-economic-PFM reforms and policies and assisted in modernization process for Information
and Communication Technology (ICT) systems;
(7) Worked as a Team Leader for Macro-Fiscal Modeling and Macro-economic Forecasting and as a Member of
the High Level Teams / Expert Groups in the Ministry of Finance and Planning Agencies for finalisation of the
macro-economic/revenue forecasting and preparation of Budget, Medium Term Macroeconomic Framework,
Medium Term Fiscal Framework and Medium Term Budget Strategy Papers.
(8) Prepared Guide Books and training manuals and conducted capacity building workshops and training
programs for multi-stakeholders on medium term macro-fiscal-budgetary planning, macro-fiscal modelling and
macro-economic and revenue forecasting models, methodologies and techniques;
(9) Prepared briefs for PEFA Review by the IMF/World Bank; formulated development projects and PFM Reforms
financed by budget support from donors;
(10) Provided guidance for Result Based Monitoring and Evaluation of Development Projects;
(11) Provided advice and guidance for management of public debt, external dbt and contingnt liabilities; and
Conducted DSA (Debt Sustainability Analysis) and prepared Medium Term Debt Management strategy
(MTDS) in the IMF-World Bank DSA Framework;
(12) Conducted policy dialogues on PFM reforms, strategies and work plans with the IMF, WB and UNDP.

4
Date from - Location Company & reference person1 Position
Date to (name & contact details)
Dec 2011 Male, Ministry of Fin. & Treasury Public Debt Adviser, ADB Funded
Maldives Peter Griffin, PFM Expert and Team Project on PFM Reforms
Leader, Pgriffin1@aol.com
Major Tasks Performed:
(b) Conducted macroeconomic modelling and forecasting for public debt management;
(a) Provided advice and guidance for management of public debt, external debt and contingnt liabilities; and
Conducted DSA (Debt Sustainability Analysis) and prepared Medium Term Debt Management strategy
(MTDS) in the IMF-World Bank DSA and MTDS Framework.
(b) Prepared Guide Books and Training Manuals and organised capacity building trining programs on
macro-fiscal modelling, macro-economic forecasting and public debt management.

Dec 2008- Banjul, African Development Bank Funded Macroeconomic Adviser (Macro-
Nov 2010 the Gambia Project on Institutional Support for Fiscal Modelling, Debt Management,
(Intermittent for Economic and Financial Strategic Planning)
20 months) Governance, Ministry of Finance
and Economic Affairs,
Government of the Gambia.

Mod. K. Secka,
Permanent Secretary
(Deputy Minister),
Msecka40@hotmail.com
Major Tasks Performed:
(1) Conducted economic research and analysis for public financial management reforms and policies,
(2) Conducted Macro-Fiscal Modelling for forecasting of major macroeconomic variables and revenues from
various taxes, duties, fees, penalties and user charges;
(3) Analysed macro-fiscal trends and developments, and conducted tax policy analysis and research on the
impact of tax policies on overall economic growth, inflation and other macroeconomic variables and revenue
mobilization and overall fiscal situation;
(4) Developed tested, calibrated and simulated macroeconomic forecasting models and conducted
macroeconomic forecasts for different scenario;
(5) Assisted the Ministry of Finance for state budget planning and preparation of medium term strategic plans and
budgets for line ministries;
(6) Formulated macro-economic-PFM reforms and policies and assisted in modernization process for Information
and Communication Technology (ICT) systems;
(7) Worked as a Team Leader for Macro-Fiscal Modeling and Macro-economic Forecasting and as a Member of
the High Level Teams / Expert Groups in the Ministry of Finance and Planning Agencies for finalisation of the
macro-economic/revenue forecasting and preparation of Budget, Medium Term Macroeconomic Framework,
Medium Term Fiscal Framework and Medium Term Budget Strategy Papers.
(8) Prepared Guide Books and training manuals and conducted capacity building workshops and training
programs for multi-stakeholders on medium term macro-fiscal-budgetary planning, macro-fiscal modelling and
macro-economic and revenue forecasting models, methodologies and techniques;
(9) Prepared briefs for PEFA Review by the IMF/World Bank;
(10) Formulated Budget Support for development of education, health and roads from EU, World Bank, AfDB
and UNDP;
(11) Provided advice and guidance for management of public debt, external dbt and contingnt liabilities; and and
Conducted DSA (Debt Sustainability Analysis) and prepared Medium Term Debt Management strategy
(MTDS) in the IMF-World Bank DSA Framework;
(12) Formulated PFM Strategies and Action Plans, and had PFM policy dialogues with AfDB, World Bank,
IMF,UNDP,EU.

Sep-Oct 2009 & Kathmandu, ADB Resident Office in Nepal, and Macroeconomic Modelling Expert
Apr-May 2011 Nepal Nepal Rastra Bank and M S Parwez, and Team Leader, ADB funded
Project Coordinator, project on Strengthening Macro-
msparwez@adb.org Economic Modelling

Major Tasks Performed;


(1) Worked as a Team Leader for Macro-Fiscal Modeling and Macro-economic Forecasting and as a Member of
the High Level Teams / Expert Groups in the Ministry of Finance and Planning Agencies for finalisation of the
macro-economic/revenue forecasting and preparation of Budget, Medium Term Macroeconomic Framework,
Medium Term Fiscal Framework and Medium Term Budget Strategy Papers.

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Date from - Location Company & reference person1 Position
Date to (name & contact details)
(2) Prepared Guide Books and training manuals and conducted capacity building workshops and training
programs for multi-stakeholders on medium term macro-fiscal-budgetary planning, macro-fiscal modelling and
macro-economic and revenue forecasting models, methodologies and techniques.
(3) Prepared Guide Books and Training Manuals and organised capacity building trining programs on
macro-fiscal modelling, macro-economic forecasting and public debt management.

Oct 2008– Uzbekistan World Bank Resident Office in World Bank Consultant (External
Nov 2008 Uzbekistan, Dr. Saumya. Mitra, Debt Management).
Lead Economist,
s.mitra@worldbank.org
Major Tasks Performed:
(c) Conducted macroeconomic modelling and forecasting for public debt management;
(d) Provided advice and guidance for management of public debt, external debt and contingnt liabilities; and
Conducted DSA (Debt Sustainability Analysis) and prepared Medium Term Debt Management strategy
(MTDS) in the IMF-World Bank DSA and MTDS Framework.
(e) Prepared Guide Books and Training Manuals and organised capacity building trining programs on
macro-fiscal modelling, macro-economic forecasting and public debt management.

16 July-Sep London, Commonwealth Secretariat, London Consultant (Debt Sustainability


2008 United Arindam Roy, Debt Adviser, Modelling), Commonwealth
Kingdom a.roy@commonwealth.int Secretariat, London, England, UK.
Major Tasks Performed:
(f) Conducted macroeconomic modelling and forecasting for public debt management;
(a) Provided advice and guidance for management of public debt, external debt and contingnt liabilities; and
Conducted DSA (Debt Sustainability Analysis) and prepared Medium Term Debt Management strategy
(MTDS) in the IMF-World Bank DSA and MTDS Framework.
(b) Prepared Guide Books and Training Manuals and organised capacity building trining programs on
macro-fiscal modelling, macro-economic forecasting and public debt management.

1 June 2007- Ulaanbaatar, Asian Development Bank Capacity Strategic Planning Expert
7 July 2008 Mongolia Building Project on PFM Reforms,
Ministry of Finance,
Mongolia, Ulaanbaatar.

Enberish Sandagdorj,
Project Coordinator,
Sandag_e@yahoo.com
Major Tasks Performed:
(1) Conducted economic research and analysis for meium term strategic planning and budgeting and public
financial management reforms and policies,
(2) Conducted Macro-Fiscal Modelling for forecasting of major macroeconomic variables and revenues from
various taxes, duties, fees, penalties and user charges;
(3) Analysed macro-fiscal trends and developments, and conducted tax policy analysis and research on the
impact of tax policies on overall economic growth, inflation and other macroeconomic variables and revenue
mobilization and overall fiscal situation;
(4) Developed tested, calibrated and simulated macroeconomic forecasting models and conducted
macroeconomic forecasts for different scenario;
(5) Assisted the Ministry of Finance for state budget planning and preparation of medium term strategic plans and
budgets for line ministries;
(6) Formulated macro-economic-PFM reforms and policies and assisted in modernization process for Information
and Communication Technology (ICT) systems;
(7) Worked as a Team Leader for Macro-Fiscal Modeling and Macro-economic Forecasting and as a Member of
the High Level Teams / Expert Groups in the Ministry of Finance and Planning Agencies for finalisation of the
macro-economic/revenue forecasting and preparation of Budget, Medium Term Macroeconomic Framework,
Medium Term Fiscal Framework and Medium Term Budget Strategy Papers.
(8) Prepared Guide Books and training manuals and conducted capacity building workshops and training
programs for multi-stakeholders on medium term macro-fiscal-budgetary planning, macro-fiscal modelling and
macro-economic and revenue forecasting models, methodologies and techniques;
(9) Prepared briefs for PEFA Review by the IMF/World Bank; Identified and formulated PFM reforms for budget
support from EU, World Bank, ADB and UNDP;

6
Date from - Location Company & reference person1 Position
Date to (name & contact details)
(10)Formulated PFM Strategies and Action Plans and had PFM policy dialogues with ADB, WB, IMF, UNDP;
(11) Formulated Budget Support for development of education, health and roads from EU, WB, AfDB and UNDP;
(12) Provided advice and guidance for management of public debt, external debt and contingnt liabilities.

Mar 2006- New Delhi, Institute for Integrated Learning and Professor (Public Policy, Research
May 2007 India Management, Swapna Popli, Methodology and Macroeconomic
Director, spopli@iilm.edu Modelling and Forecasting)
Major Tasks Performed: Teaching Public Policy, Research Methodology and Macroeconomic modelling and
forecasting techniques and methodology to MBA students

Feb 2006 Cambodia & Ministry of Finance, Govt of UN-ESCAP Consultant (External
Lao PDR Cambodia and Lao PDR, Funded by Debt Management), at Phnom Penh,
UN-ESCAP, Thailand, bangkok. Cambodia, and Vientiane, Lao PDR.
Major Tasks Performed:
(g) Conducted macroeconomic modelling and forecasting for public debt management;
(a) Provided advice and guidance for management of public debt, external debt and contingnt liabilities; and
Conducted DSA (Debt Sustainability Analysis) and prepared Medium Term Debt Management strategy
(MTDS) in the IMF-World Bank DSA and MTDS Framework.
(b) Prepared Guide Books and Training Manuals and organised capacity building training programs
on macro-fiscal modelling, macro-economic forecasting and public debt management.

Mar 1989- New Delhi, Ministry of Finance, Govt. of India, Economic Adviser, Ministry of
Jan 2006 India New Delhi. Finance, Government of India, New
Delhi.
Arvind Virmani,
Chief Economic Adviser
avirmani@imf.org
Major Tasks Performed:
(1) Conducted economic research and analysis for public financial management reforms and policies,
(2) Conducted Macro-Fiscal Modelling for forecasting of major macroeconomic variables and revenues from
various taxes, duties, fees, penalties and user charges;
(3) Analysed macro-fiscal trends and developments, and conducted tax policy analysis and research on the
impact of tax policies on overall economic growth, inflation and other macroeconomic variables and revenue
mobilization and overall fiscal situation;
(4) Developed tested, calibrated and simulated macroeconomic forecasting models and conducted
macroeconomic forecasts for different scenario;
(5) Assisted the Ministry of Finance for state budget planning and preparation of medium term strategic plans and
budgets for line ministries;
(6) Formulated macro-economic-PFM reforms and policies and assisted in modernization process for Information
and Communication Technology (ICT) systems;
(7) Worked as a Team Leader for Macro-Fiscal Modeling and Macro-economic Forecasting and as a Member of
the High Level Teams / Expert Groups in the Ministry of Finance and Planning Agencies for finalisation of the
macro-economic/revenue forecasting and preparation of Budget, Medium Term Macroeconomic Framework,
Medium Term Fiscal Framework and Medium Term Budget Strategy Papers.
(8) Prepared Guide Books and training manuals and conducted capacity building workshops and training
programs for multi-stakeholders on medium term macro-fiscal-budgetary planning, macro-fiscal modelling and
macro-economic and revenue forecasting models, methodologies and techniques;
(9) In charge of Public Debt Management in the Ministry of Finance and conducted debt sustainbility analysis,
identified and measured contingent liabilities and prepared benchmarks for effective debt managemnt;
(10)formulated policies and procedures for Domestic Revenue Mobilisation, Identified and formulated Budget
Support for development of education, and other developoment projects and PFM reforms from IMF, World
Bank, ADB, EU and UNDP;
(11) Formulated PFM Strategies and Action Plans for Macro-Stabilisation Policies and had PFM policy dialogues
with the ADB, World Bank, IMF and UNDP.
(12) Worked as short-term PFM Consultant for ADB, IMF, WB, UNCTAD, UNDP and UNESCAP.

Jan 1987- New Delhi, Planning Commission, Government Adviser (Modelling and Policy
Feb 1989 India of India, Arvind Virmani, Principal Planning)
Adviser, avirmani@imf.org
Major Tasks Performed: Strategic investment planning for energy and transport sectors

7
Date from - Location Company & reference person1 Position
Date to (name & contact details)
Oct 1984- India, Ministry of Steel and Mines, Govt. of Chief Economist, and Head of
Dec 1986 New Delhi India. Economic Research Unit (ERU)
Major Tasks Performed: Strategic Investment Planning for Steel and Minerals

Oct 1983- India, Bureau of Industrial Costs and Price, Chief (Economic Division)
Sep 1984 New Delhi Ministry of Industry, Govt of India
Major Tasks Performed: Costing and pricing of public goods and services under govt. Control.

May 1978- India, Delhi UNDP Transport Policy Planning Deputy Adviser (Strategic Planning
Sept 1982 Project in India, Planning for the Transport Sector)
Commission, Government of India
Major Tasks Performed: Strategic investment planning for the transport sector in India.

Nov 1971- India, Delhi Ministry of Finance, Govt. of India. Research Officer (Public Finance)
Aug 1974
Major Tasks Performed: Government Finance Statistics and Fiscal Policies.

July 1970- India, Kolkata Centre for Advanced Studies in Research Fellow (Economics)
Oct 1971 Economics, Presidency College,
Calcutta.
Major Tasks Performed: Research on income distribution and teaching economic statistics and
macroeconomics to BA Hons students.

May 2006 Kathmandu, Ministry of Finance, Governemt of UN-ESCAP Consultant (External


Nepal Nepal, funded by UN-ESCAP, Debt Management)
Thailand, Bangkok.
Major Tasks Performed:
(a) Conducted macroeconomic modelling and forecasting for public debt management;
(b) Provided advice and guidance for management of public debt, external debt and contingnt liabilities; and
Conducted DSA (Debt Sustainability Analysis) and prepared Medium Term Debt Management strategy
(MTDS) in the IMF-World Bank DSA and MTDS Framework.
(c) Prepared Guide Books and Training Manuals and organised capacity building trining programs on macro-
fiscal modelling, macro-economic forecasting and public debt management.

Dec 2005 Jakarta, Ministry of Finance, Govt. Of UNITAR (UN Institute for Training &
Indonesia Indonesia, funded by UNITAR, Research) Consultant, Ministry of
Geneva, Switzerland Finance, Indonesia, Jakarta.
Major Tasks Performed:
(h) Conducted macroeconomic modelling and forecasting for public debt management;
(a) Provided advice and guidance for management of public debt, external debt and contingnt liabilities; and
Conducted DSA (Debt Sustainability Analysis) and prepared Medium Term Debt Management strategy
(MTDS) in the IMF-World Bank DSA and MTDS Framework.
(b) Prepared Guide Books and Training Manuals and organised capacity building trining programs on macro-
fiscal modelling, macro-economic forecasting and public debt management.

Nov 2005 New York, Office of Development Studies, UNDP Consultant (Financing
USA UNDP, UNDP Plaza, New York international co-operation behind
Igma Kaul, Director national borders)
Major Tasks Performed: Prepared a Report on Financing international co-operation behind national borders.

Sept 2005 Apia, Ministry of Finance and Planning, UN-ESCAP Consultant, Ministry of
Samoa Govt. Of Samoa, Funded by UN- Finance, Samoa, Apia.
ESCAP, Thailand, Bangkok
Major Tasks Performed:
(a) Conducted macroeconomic modelling and forecasting for public debt management;
(b) Provided advice and guidance for management of public debt, external debt and contingnt liabilities; and
Conducted DSA (Debt Sustainability Analysis) and prepared Medium Term Debt Management strategy ;
(c) Prepared Guide Books and Training Manuals and organised capacity building training programs
on macro-fiscal modelling, macro-economic forecasting and public debt management.

8
Date from - Location Company & reference person1 Position
Date to (name & contact details)
Oct 2004 Bangkok, UN-ESCAP, Bangkok Consultant (Social security, pension
Thailand and insurance funds) for UN-
ESCAP, Bangkok, Thailand.
Major Tasks Performed: Prepared a Report on Social security, pension and insurance funds in Asia economies.

Feb 2002 Washington International Monetary Fund, Member, IMF Expert Group to
D.C., USA Statistics Division, finalize IMF GFS Manual 2001
Major Tasks Performed: Member of IMF Expert Group to finalize Government Finance Statistics Manual 2001.

Jan –March Manila,’ Ministry of Finance, Govt of World Bank Consultant, Ministry of
2003 Philippines Philippines, Funded by World Bank Finance, Govt of Philippines, Manila.
Major Tasks Performed: Prepared a Report on macroeconomic forecasting and debt sustainability
analysis and management of contingent liabilities for the government of Philippines.

Sept-Nov 1998 Addis Ababa, UN Economic Commission for Africa Consultant to UN Economic
Ethiopia (UN-ECA) Commission for Africa (UN-ECA)
Major Tasks Performed: Prepared a Report on Financial Crisis in Asia and Lessons for African
Economies.

May 1995 Beijing, China International Centre for UN-ESCAP Consultant


China Economic and Technical Exchanges
Major Tasks Performed: Prepared a Report on the Role of FDI for regional cooperation in technology transfer.

Two Weeks Geneva, UNCTAD Member, UNCTAD Ad-hoc WG on


every year in Switzerland Non-Debt Creating Financial Flows
1993-1995
Major Tasks Performed: Prepared a Report on Non-Debt Creating Financial Flows to Developing Economies

March 1993 New York, UNDP Consultant (Human Development


USA Index), UNDP, New York, USA.
Major Tasks Performed: Prepared a Re[port on methodologies for preparation of Human Development Index.

Two Weeks Manila, Asian Development Bank ADB Consultant


every year in Philippines
1990-1995
Major Tasks Performed: To prepare country report on Inda’s economic development, economic reforms and policies,
prospects and development issues.

Two Weeks Bangkok, UN-ESCAP UNESCAP Consultant


every year in Thaland
1991-2005
Major Tasks Performed: To prepare country report on Inda’s economic development, economic reforms and policies,
prospects and development issues

15. Other relevant information (e.g., publications) : For Publications, see Annex. A list of Selected Reports/ Publications on
PFM Reforms by Tarun Kanti Das on related subjects is given in the Annex.; Most of the Publications can be downloaded
from www.scribd.com/tarundas/
16. 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 a spouse nor a close relative of a staff member of any development organisation;
(iii) I am not a former staff member of any international development organisation;
(iv) I am neither sanctioned nor ineligible for engagement by any development organisation; and
(v) I understand that any wilful misstatement described herein may lead to my disqualification or dismissal,
if engaged.

Date: 07 January 2018


Signature of expert (Day/Month/Year)

9
ANNEX
Major Publications and Consultancy Reports of Tarun Kanti Das
Most of the Publications are accessible in: www.scribd.com/tarundas/

1. Macroeconomic Modelling and Forecasting

A. Consultancy Reports

1.1 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.
1.2 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.
1.3 Public investment Management in Bangladesh, pp.45, World Bank Administered and Multi-Donor (DFID, EU,
Netherlands) Funded Project on DMTBF, MOF, Bangladesh, Dhaka, July 2012.
1.4 Project execution, M&E, and development budget, PP.1-25, World Bank Administered and Multi-Donor (DFID, EU,
Netherlands) Funded Project on DMTBF, MOF, Bangladesh, Dhaka,
1.5 Institutional arrangements for preparation of Annual Development Plan, pp.1-45, World Bank Administered and
Multi-Donor (DFID, EU, Netherlands) Funded Project on DMTBF, MOF, Bangladesh, Dhaka, Jan 2012.
1.6 An operational consistent macroeconomic accounting spreadsheet model for Bangladesh- analytical framework,
model structure, data base, test and calibration techniques and base line 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.
1.7 An Operational Guide to Prepare Medium Term Strategic Business Plans (MTSBP) for Line Ministries/ Divisions,
pp.1-38, World Bank Administered and Multi-Donor (DFID, EU, Netherlands) Funded Project on DMTBF,
Ministry of Finance, Bangladesh, Dhaka, January 15, 2012.
1.8 Diagnostic Study on Business Process Review and Training Needs Assessment of the Planning Wings
of the Budgetary Agencies for Public Investment Management and Integrating Planning with Budgeting
in Medium Term Budgeting Framework, pp.1-98, Multi-Donor project on DMTBF, Ministry of
Finance, Bangladesh, Dhaka, April 2011.
1.9 An Operational Macro-econometric Model and a Dynamic Stochastic General Equilibrium 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.
1.10 An Operational Consistent Macroeconomic Forecasting Model for Gambia- Basic Concepts, Data Base,
Calibration Techniques and Projections, pp.1-71, African Development Bank ISPEFG, the Gambia,
Banjul, 31 January 2009.
1.11 Trends and projections of sectoral GDP growth rates for Gambia during 1998-2013 and some policy
issues, AfDB ISPEFG, pp.1-18, 28 Feb 2009.
1.12 Program Assessment Rating Tool (PART) - Basic Concepts, Methodology and Applications for
Mongolia, pp.1-50, ADB Capacity Building Project on Governance Reforms (ADB-CBPGR),
Ministry of Finance (MOF), Govt of Mongolia, July 2008.
1.13 An Introduction to Program Budgeting and Program Evaluation Review Technique (PERT), pp.1-36,
ADB-CBPGR, MOF, Mongolia, June 2008
1.14 Budget Performance Evaluation- Methodology, Systems and Management, pp.1-55, ADB-CBPGR,
MOF, Gov. of Mongolia, May 2008.
1.15 Performance Based Budgeting- Methodology, Systems and Management, pp.1-55, ADB-CBPGR, MOF,
Gov. of Mongolia, March 2008.
1.16 Financial Planning- Part-1: Methodology, pp.1-34, Part-2: Policies, pp.1-32, ADB-CBGGR, MOF, Gov.
Of Mongolia, January 2008.
1.17 Preparation of Strategic Business Plans- Structural Framework and Guidelines to Line Ministries, pp.1-
74, ADB-CBPGR, Mongolia, Sep 2007.
1.18 Official Economic statistics- Part-1 on Government Finance Statistics (GFS) and Balance of Payments
(BOP) Statistics, pp.1-70, Part-2 on Monetary and Financial statistics (MFS) and Multi–Factor
Productivity Measures (MFP), UN-SIAP, Chiba, Japan, Aug 2007.

B. Published Papers in International Journals and Government Reports

1.19 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.
1.20 Monitoring and Projecting Budget Deficits of the Government – A Technical Note, Ministry of Finance, pp.1-21,
August 1990.

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1.21 Multisectoral and multiregional transport model for India–database and calibration techniques, pp.391-
403, Environment and Planning, 15-A, 1983.
1.22 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. Macro Stabilization Policies and Structural Reforms


A. Books and Research Reports Published by Donors

2.1 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.
2.2 Financing International Cooperation behind National Borders- a Case Study for India, pp.1-46, Off. of
Dev.Studies, UNDP, New York. March 2006.
2.3 Public-Private Partnership for financing infrastructure in Asian economies- Scope, Progress, Issues and
Perspectives, pp.-1-30, UN-ESCAP, Bangkok, Dec 2005.
2.4 General Agreement on Trade in Services– Implications for the Indian financial sector, pp.6-14, Bima
Vidya, Management Development Centre, Mumbai, July 2003.
2.5 An assessment of the financial sector liberalization in India in the context of its commitment to the WTO,
pp.1-50, Indian Council for Research on International Economic Relations (ICRIER), New Delhi,
June 2003.
2.6 Economic Reforms in India- Rationale, Scope, Progress and Unfinished Agenda, pp.1-80, Bank of
Maharashtra, Pune, February 2003.
2.7 Preparation of Indices for Services Production, pp.1-250, National Institute for Banking and
Management, Pune, India, Jan 2003.
2.8 Implications of Globalization on Industrial Diversification in Asia, pp.ix+1-86, UN ESCAP, Bangkok, UN
Pub.Sales No.E.02.II.F.52, December 2001.
2.9 Social Security System in India – Needs and Policy Issues, pp.1-40, ESCAP, United Nations,
Bangkok, December 1999.
2.10 Role of private sector including Privatization in Asian Countries and Lessons for Africa, pp.1-110, UN-
ECA, Addis Ababa, Ethiopia, Oct. 1998.
2.11 Foreign Investment- Technology Transfer- and Growth Nexus in Asian Economies, pp.1-158, ESCAP,
United Nations, Bangkok, Oct 1997.
2.12 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.
2.13 Reforms & Liberalization of the Financial Sector in India- Organizational Structure, Needs and Policy
Issues, pp.1-40, UN-ESCAP, Bangkok, 1995.
2.14 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.
2.15 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.
2.16 Pricing, productivity & competitiveness of Indian Steel industry, pp.269-292, Indian Industrialization, ed.
Arun Ghosh, Oxf. Unv.Press, Delhi, 1992.

3. Management of External Debt, Public 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.
www2.unitar.org/dfm/Resource_Center/Bestpractices/bps.9/
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.
www2.unitar.org/dfm/Resource_Center/Bestpractices/bps.9/
3.4 Financing International Cooperation behind National Borders- a Case Study for India, pp.1-50, Off.of
Dev.Studies, UNDP, New York. March 2006.
3.5 Economic Situation and Management of External Debt in Nepal, pp.1-15, UN-ESCAP, Bangkok, May
2006. www.unescap.org/pdd/debt/workshop/
3.6 Management of external debt in Nepal- legal, institutional framework and policy issues, pp.1-30, UN-
ESCAP, Bangkok, May 2006.

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3.7 Report on “National Workshops on Capacity Building on External Debt Management in the Era of
Globalisation” in Cambodia and Lao PDR During 20-24 February 2006, pp.1-21, UN-ESCAP, Bangkok,
May 2006. www.unescap.org/pdd/debt/workshop/
3.8 Manual on Effective Debt Management, pp.1-118, ESCAP, United Nations, Bangkok, Thailand, 2006.
3.9 Management of external debt in Samoa- legal, institutional framework and policy issues, pp.1-30, UN-
ESCAP, Bangkok, Sept 2005.
3.10 Country Experience of India, pp.141-147, part-2, External Debt Statistics- Guide for Compilers and
Users, IMF & WB, Washington D.C., 2003.
3.11 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.
3.12 Management of Contingent Liabilities in Philippines- Policies, Processes, Legal Framework and
Institutions, pp.1-60, WB, Washington D.C., 2002.
3.13 Management of Public Debt in India, pp.85-110, in Accompanying Document to the Guidelines for
Public Debt Management, IMF, June 2002.
3.14 External Sector Related Contingent Liability- a Case Study on India, pp.1-123, Commonwealth
Secretariat, London, U.K., Jan 2001.
3.15 Sovereign Debt Management in India, pp.561-579, Sovereign Debt Management Forum: Compilation of
Presentations, WB, Washington, 2000.
3.16 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.
3.17 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

3.18 Macroeconomic Forecasting and Debt Sustainability Analysis for Bhutan, pp.1-35, PWC India Private
Limited and ADB Funded Project on Sub-Regional Economic Cooperation for Power Sector
Development of Bhutan, October 2016.
3.19 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
3.20 Concept Paper on Public Debt and Design for Quarterly and Annual reports, pp.1-43, World Bank
Administered DMTBF Project, Finance Division, MOF, Govt of Bangladesh, Nov 2013.
3.21 Alternative Medium Term Debt Management Strategies for Bangladesh, pp.1-28, World Bank
Administered DMTBF Project, Finance Division, MOF, Govt of Bangladesh, Oct 2013.
3.22 Debt Sustainability Analysis for Bangladesh 2013, pp.1-25, World Bank Administered DMTBF Project,
Finance Division, MOF, Govt of Bangladesh, July 2013.
3.23 Concept Paper for Setting Up a Full Fledged Middle Office within Treasury and Debt Management
Wing,(TDMW) of the Finance Division, Ministry of Finance, pp.1-38, World Bank Administered DMTBF
Project, Finance Division, MOF, Govt of Bangladesh, May 2013.
3.24 International Best Practices for Medium Term Debt Management Strategy, pp.1-20, World Bank
Administered DMTBF Project, Finance Division, MOF, Govt of Bangladesh, Aug 2012.
3.25 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.
3.26 External Debt Management in Uzbekistan- Policies, Strategies, Procedures, Legal and Institutional Set
Up, pp.1-45, World Bank Country Office, Uzbekistan, Tashkent, November 2008.
3.27 Management of external debt in Indonesia- legal, institutional framework and policy issues, pp.1-30,
MOF, Govt of Indonesia, Dec. 2005.
3.28 Sustainability of External Debt- Conceptual Issues, Methodology and International Best practices- pp.1-
36, UN-ESCAP, Bangkok, January 2006.

4. MDGs, PRSP, Poverty and Inequality Analysis

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

4.1 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.

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4.2 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.
4.3 Impact of Pro-Market Reforms on the Poor in India- an Assessment and Lessons for Policy Makers,
pp.1-40, GDN, June 2003.
4.4 Promoting resource-based export-oriented SMEs in Asia and the Pacific, pp.33-76, Investment
Promotion and Enterprise Development Bulletin for Asia and the Pacific, ESCAP, United Nations,
Bangkok, Sept 2003.
4.5 Poverty and inequality in India–Trends and policy issues, pp.1-30, UN-ESCAP, Bangkok, Oct. 2002.
4.6 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.
4.7 UNDP Human Development Index – Some Methodological Issues and Alternative Measures, pp.1-30,
UNDP, UN Plaza, New York, March 1993.

B. Published Research Papers in International Journals

4.8 Inequality index with differences in inequality aversion for groups, Rivista Internazionale di Scienze
Economiche e Commercialli (Milan, Italy), 1983.
4.9 Decompositions of inequality measures and a comparative analysis, jointly with Prof. A. Parikh, pp.23-
48, Empirical Economics (Vienna, Austria), vol.7, 1982.
4.10 Statistical interpretation and decomposition of Atkinson’s inequality index, jointly with Prof. A. Parikh,
pp.13-18, Rivista di Mathematica per le Scienze Economiche e Socoali (Milan, Italy), 15(1), 1982.
4.11 Decompositions of Atkinson’s measure of inequality, jointly with Prof. Ashok Parikh, pp.171-178,
Australian Economic Papers, vol.20 (36), June 1981.
4.12 Choice of demographic units in analyzing the size distribution on income, pp.20-29, Journal of
Income and Wealth, 3 (1), 1978.

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