Professor Padma Desai



Please select one of the following:

Articles in Professional Journals

Papers in Volumes

Publications in the Print Media and Magazines

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Articles in Professional Journals:

"A Short-term Planning Model for the Indian Economy," Review of Economics and Statistics, June  1961.

The Development  of the Indian Economy - An Exercise in Economic Planning,"  Oxford Economics Papers, November  1963.

Alternative Measures of Import Substitution,"  Oxford Economic Papers, November 1969.

"Soviet Industrial Production: Estimates of Gross Outputs by Branches and Groups,"  Oxford Bulletin of Economics and Statistics, Summer 1973.

"Third World Social Scientists in Santiago," World Development, Vol. 1, No. 9, 1973.

"Comparative Economic Performance of India and China: A Comment," American Economic Review, June 1975.

"Socialism and Indian Economic Policy"  (jointly with J. Bhagwati), presented at the 1974 AEA meetings and published in World Development, June 1975.

"The Production Function and Technical Change in Postwar Soviet Industry:  A Reexamination," American Economic Review, March 1976.

"On Reconstructing Price, Output and Value‑Added Indexes in Soviet Industry and Its Branches in the Postwar Period,"  Oxford Bulletin of Economics and Statistics, February 1978.

"The Productivity of Foreign Resource Inflow to the Soviet Economy," American Economic Review, May 1979.

"The Rate of Return on Foreign Capital Inflow to the Soviet Economy"  in Soviet Economy in a Time of Change, Vol. 2, Joint Economic Committee of the United States Congress, Washington, D.C., 1987.

"Three Alternative Concepts of Foreign Exchange Difficulties in Centrally Planned Economies,"  (jointly with J. Bhagwati), Oxford Economic Papers, November 1975.

"Total Factor Productivity in Postwar Soviet Industry and its Branches," Journal of Comparative Economics, March 1975.

"The Efficiency Loss from Resource Misallocation in Soviet Industry," (jointly with Ricardo Martin), Quarterly Journal of Economics, 1983.

"Soviet Grain and Wheat Import Demands in 1981‑1985,"  American Journal of Agricultural Economics,  May  1982.

"The Soviet Union and Cancun," Third World Quarterly, July 1982.

"Is the Soviet Union Subsidizing Eastern Europe?"  European Economic Review, December  1985.

"Alternative Measures of Import Shares: Theory and Estimates for the Soviet Union," Journal of International Economics, November 1988.

"Soviet Growth Retardation," American Economic Review, May 1986.

"Perestroika, Prices and the Ruble Problem," Harriman Institute FORUM, November 1989.

"Soviet Economic Rescue Plans: The Desai Plan," The International Economy, October‑November 1990.

"Perestroika: Is it on Track?" Canadian Business Law Journal, December 1990.

"Soviet Economic Reform: A Tale of Two Plans," Harriman Institute FORUM, December 1990.

"Soviet Reforms: Cold Turkey or Cold Feet?" World Link, March 1991.

Testimony before the Select Committee on Hunger of U.S. House of Representatives at Hearings on "Hunger in the Soviet Union: Fact or Fantasy?", October 31, 1991.

"Reforming the Soviet Grain Economy: Performance, Problems and Solutions," American Economic Review, May 1992.

"From the Soviet Union to the Commonwealth of Independent States: The Aid Debate: Harriman Institute FORUM, April 1992.

"A Comment on Production Efficiency and Agricultural Reform in Ukraine," American Journal of Agricultural Economics, May 1994.

"Aftershock in Russia's Economy," Current History, 93 (585), October 1994.

"Beyond Shock Therapy," Journal of Democracy, April 1995.

"Russian Privatization: A Comparative Perspective," The Harriman Review, August 1995.   Abstract

"The Soviet Bloc and the Soviet Union: Why Did They Fall Apart?” The Harriman Review, Summer 1997.

"Distribution and Growth During Transition,” symposium in Economic Systems, March 1998.

"Macroeconomic Fragility and Exchange Rate Vulnerability: A Cautionary Record of Transition Economies,” Journal of Comparative Economics (26), December 1998.

"Russia’s Economy under a Cloud,” forthcoming in a symposium in French in a new journal started by Jacques Fotanale, Faculte des Sciences Economiques, Grenoble, France.

"The Russian Enigma: Why Hasn’t Financial Meltdown  Produced a Societal  Breakdown?”  The Harriman Review: Special Number, December 1998.

"Russian Reform: What Went Wrong?" The Harriman Review: Special Number, June 1999.

"Interview with Anatoly Chubais," The Harriman Review: volume 12, numbers 2-3, Winter 1999/2000. 

"A Russian Optimist: Interview with Yegor Gaidar."  Challenge, May-June, 2000

"History Lessons: An interview with Martin Malia." Problems of Post Communism, November/December, 2000.

"Russia: Why Did the Ruble Collapse in August 1998?" American Economic Review: Papers and Proceedings, May 2000.


Papers in Volumes:

"Industrial Licensing Policy in India,"  reprinted in Pramit Chaudhuri (ed.), Aspects of Indian Economic Development, London: Allen & Unwin, 1971.

"Alternative Measures of Import Substitution," reprinted in C. Wadhwa  (ed.), Some Problems of India's Economic Policy, Bombay: Tata-McGraw Hill, 1973.

"Women in Indian Elections" (jointly with J. Bhagwati), Chapter 3 in Myron Weiner and John Field (ed.), Studies in Indian Elections, Vol. 2, 1974.

"Participation of Women in the Economies of Developing and Developed Countries, Ways of Recognizing Their Contribution to National Income and Strategies for Ensuring Their Economic Independence in Developing Countries."  Paper commissioned by the United Nations and incorporated in the UN Secretariat Document  for the International Women's Year Conference in Mexico City, July 1975.   

"Technical Change,  Factor Elasticity of Substitution and Returns to Scale in Branches of Soviet Industry in the Postwar  Period," in F.L. Altmann, O. Kyn and H.J. Wagener (eds.),On the Measurement of Factor Productivities: Theoretical Problems and Empirical Results (Papers and Proceedings of the 2nd Reisensburg Symposium),  Gottingen: Vandenhoeck and Ruprecht, 1976.

"Wirtschaftliche Entwicklung in Historischer Perspektive und Entwicklungsforschung," in Khusi M. Khan und Volker Matthies (eds.), Hilfswissenschaft fur die Dritte Welt oder Wissenschaftsimperialismus?,  Institut fur Allgemeine Uberseeforschung, Munchen: Weltforum Verlag, 1976.

"Science and Technology in India: Their Role in National Development, A Comment," in John W. Mellor (ed.), India:  A Rising Middle Power,  Boulder: Westview Press, 1979.

"Measuring Resource‑allocational Efficiency in Centrally Planned Economies: A Theoretical Analysis," (jointly with Ricardo Martin) in Padma Desai (ed.), Marxism, Central Planning, and the Soviet Economy: Economic Essays in Honor of Alexander Erlich,   Cambridge: The MIT Press, 1983.

"Internal Policy Decisions and Food Import Demand in Centrally Planned Economies - A Comment," in Food Import Demand in Low-Income, Middle-Income, and Centrally Planned Countries, Proceedings of the Trade Research Consortium Meeting organized by the U.S. Department of Agriculture, 1981.

"The Soviet Union and the Third World: A Faltering Partnership?," in J. Bhagwati and John Ruggie (eds.), Power, Passions and Purpose: Retrospect and Prospect in NorthSouth Negotiations, Cambridge: The MIT Press, Spring 1984.

"Russian Reform, G-7 Aid, and IMF Monitoring: Marshall Plan Lessons," in Proceedings of the Conference on the End of the Soviet Empire and its Influence on the Future of the Global Monetary and Economic System organized by the Robert Triffin-Szirak Foundation, 1994.

"Beyond Shock Therapy," in Economic Reform and Democracy by Larry Diamond and Marc F. Plattner (eds.), Baltimore: The Johns Hopkins University Press, 1995.

"Shock Therapy and After: Prospects for Russian Reform," in Michael Kraus and Ronald D. Liebowitz (eds.), Russia and Eastern Europe After Communism: The Search for New Political, Economic, and Security Systems,  Boulder: Westview Press, 1996.

"Russia's Transition Toward the World Economy: Is There a Market Mechanism?" in Padma Desai (ed.), Going Global: Transition from Plan to Market in the World Economy, Cambridge: The MIT Press, 1997.

"Introduction" in Padma Desai (ed.), Going Global: Transition from Plan to Market in the World Economy, Cambridge: The MIT Press, 1997.


Publications in the Print Media and Magazines:

"The Economics of Grain Deal," Letters to the Editor, The Wall Street Journal, October 4, 1982.

"Technology Transfer for Mutual Gain," The New York Times, Sunday, February 10, 1985.

"Trade and Credits with Soviet Union Are Near," Letters to the Editor, The New York Times,  Sunday, January 15, 1989.

"Soviet Farm Plan: Gorbachev Takes Chinese Lessons," The Wall Street Journal, editorial-page article, March 27, 1989.

"Benefits of Soviet Entry Into Tariff System,"  Letters to the Editor, The New York Times, October 9, 1989.

"If We Don't Give Gorbachev Help, Europe Will,"  Letters to the Editor, The New York Times,  Sunday, July 22, 1990.

"Making a Virtue of Moscow's Necessity," (with J. Bhagwati), The New York Times, op-ed article, November 12, 1990.

"Aiding Moscow: The Quid Pro Quo Approach," Letters to the Editor, The New York Times, May 28, 1991.

"Principles on Which a Realistic Plan to Rescue Perestroika Would Depend,"  Letters to the Editor, Financial Times, May 28, 1991.

"Modest Steps Can Rescue a Great Empire," Sunday Focus, op. ed. in New York,  Newsday, Sunday, June 9, 1991.

"Keeping the Soviet Economy Under Control," The New York Times, op-ed article, October 5, 1991.

"Responses to Lenin Nyet! The Revolution that Failed,"  The New Leader, November 4-18, 1991,

"No Cinderella Story for Russian Economy,"  Letters to the Editor, The New York Times, Sunday, January 19, 1992.

"A Fistful of Rubles," book review of What Is To Be Done?, Merton J. Peck and Thomas J. Richardson (eds.), (New Haven: Yale University Press), The New York Times BOOK REVIEW, April 12, 1992.

"Whatever Yeltsin's Fate, Russia Can't Go Back," Letters to the Editor, The New York Times, March 25, 1993.

"Lend Russia Money and a Tough Accountant," Letters to the Editor, The New York Times, July 7, 1993. 

"Ease Up on Russia," op-ed article in The New York Times, December 10, 1993.

"Opening the Door: Sachs Sacked," Letters to the Editor, The New Republic, February 28, 1994.

"A Cure for Russia's Ills that is Marred by Errors of Analysis," Letters to the Editor, The New York Times,  April 6, 1994.

"Confused Thinking about Russian `Gradualism'" Letters to the Editor, Financial Times,  April 19, 1994.

"Is it Springtime for Moscow?"  Letters to the Editor, The New York Times, April 19, 1994.

"No Megabucks and No Miracles: Russia and Western Aid," European Brief, (The Independent Commentary on European Affairs), April/May 1994.

"Gradualism--What Makes the Reform Tick in Russia," Forum piece in The World Bank TRANSITION, May-June, 1994.

"Russia: A New Place to Invest," The Journal of Commerce, September 26, 1994.

"Will 1995 Stabilize Russia's Economy?" in U.S. Relations with Russia, Ukraine and Eastern Europe, Conference Report of the Aspen Institute, 1995.

"West Didn't Fail Russian Market Reform," Letters to the Editor, The New York Times, January 14, 1996.

"IMF Should Sustain Support of Russian Recovery," Letters to the Editor, Financial Times, February 1, 1996.

"Shock Therapy is an Unwise Choice,” Letters to the Editor, The Financial Times, March 20, 1997.

"Chubais' Promising Start,” The Journal of Commerce, March 21, 1997.

"U.S. Mustn’t Meddle in Russian Politics,” Letters to the Editor, The New York Times, March 23, 1997.

Speedy Reforms Pay Off, but Social Costs Must be Considered,” in The World Bank TRANSITION, August 1997.

"Russia's Rugged Road to Reform,” op. ed. in The Journal of Commerce, September 8, 1997.

"India's False Alarms,” Personal View Column, The Financial Times, May 1, 1998.

"Russia Should Offer Gazprom Stake for Funding,” Letters to the Editor, The Financial Times, June 18, 1998.

"Sensible Legislation for Russian Reform Systematically Rejected,” Letters to the Editor, The Financial Times, July 10, 1998.

"Don't Expect Russia to Fend for Itself,” Letters to the Editor, The New York Times, September 4, 1998.

"Firm but Feasible Regime for an Obese Patient," Letters to the Editor, The Financial Times, July 15, 1999.

"For Sure, Shock Therapy Failed": Response to "Who Lost Russia?" Letters, The New York Times MAGAZINE, September 5, 1999.

"The Policy Behind the Exodus of Russian Money," Letters to the Editor, The New York Times, September 7, 1999.

"The Soviet Ghost in Russia's Machine," Op--ed, The Financial Times, August 11, 2000.

"Putin's Bluff," Personal View, The Financial Times, June 21, 2001.

"Gerashchenko successor's hard choices," Letters to the Editor, The Financial Times, March 20, 2002.

"Help Russia to graduate," The Financial Times, July 10, 2002.

"Russia should liberalise before WTO accession," The Financial Times, July 17, 2002.

"Russia compared unfairly with China," The Financial Times, July 22, 2002.

"Pity the Russian Voter," Opinion, The Wall Street Journal, September 26, 2003.


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