India Exim Bank Announces the Winner of the BRICS Economic Research Award 2022


June 2022: Dr. Apoorv Gupta was declared the winner of Export-Import Bank of India’s (India Exim Bank’s) BRICS Economic Research Award 2022 by Ms. Harsha Bangari, Managing Director, Export-Import Bank of India, during the 12th BRICS Annual Financial Forum, hosted online by China Development Bank, on June 17, 2022. The Forum saw the participation of the heads of member development banks of the BRICS Interbank Cooperation Mechanism viz. the Brazilian Development Bank (BNDES); VEB.RF; China Development Bank (CDB); Export-Import Bank of India (India Exim Bank) and Development Bank of Southern Africa (DBSA), along with the New Development Bank. The Award comprises prize money of Indian Rupees 1.5 million (approximately USD 20,000), a medal and a citation.

The Winning Thesis

Dr. Apoorv Gupta won the Award for his doctoral thesis “Essays on Finance and Development”. Dr. Gupta received his doctoral degree in 2020 from Northwestern University, USA. He is currently working as Assistant Professor of Economics, Dartmouth College, USA.

The BRICS Economic Research Award

In the context of India’s Chairmanship of the BRICS Forum during 2016, and under India Exim Bank’s Presidency of the BRICS Interbank Cooperation Mechanism, India Exim Bank instituted the BRICS Economic Research Award in March 2016. The objective of the Award is to stimulate and encourage advanced doctoral research on economics related topics of contemporary relevance to the member nations of BRICS.

The BRICS Economic Research Award represents India Exim Bank’s on-going efforts at promoting research in the area of international economics, trade & development and related financing. The Award accepted as entries, doctoral thesis written by nationals of any of the five member nations of BRICS, who have been awarded a doctorate or accepted for award of a doctorate from any University or academic institution globally. The details of the Award were disseminated globally through advertisements in print and electronic media.