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Dr Rashmi Arora

PositionSenior Lecturer in Development Economics
LocationPemberton P1.24
DepartmentPeace Studies and International Development
Telephone+44 (0) 1274 236802
Emailr.arora6@bradford.ac.uk
Blog AddressVisit my blog

Research Interests (key words only)

Finance and Development, Macroeconomics, Economic Growth and Development, Developing Economies

PhD Supervision

  • Gilbert Naab - Microfinance in Ghana (Principal Supervisor)
  • Isaac Akpan - Impact of global financial crisis on Nigeria's output (Associate Supervisor)

Teaching and Supervisory Responsibilities

Teaching Achievements:

  • Associate Fellow, Higher Education Academy, UK

Currently teaching following postgraduate courses:

  • Finance for Development
  • Economic Growth & Development
  • International Economics
  • Issues in Development Theory

Administrative Responsibilities

  • Earlier Coordinator, Staff & Student Liaison Committee for BCID
  • Currently Editor, Development Working Paper Series

Biography

Dr Arora has worked earlier as Research Fellow in the Department of Accounting, Finance and Economics, Griffith Business School, Griffith University, Australia. In 2007 she was a Postdoctoral Research Fellow at the Centre for Asia Pacific Social Transformation Studies, University of Wollongong, Australia. She has also worked as Assistant Adviser and Research Officer in the Reserve Bank of India (India’s central bank) in its economic policy department for several years. 

Study History

  • Graduate Certificate in Higher Education, Griffith Institute of Higher Education, Griffith University, Australia
  • PhD (Development Studies), University of Auckland, New Zealand
  • Master of Philosophy (Applied Economics), Centre for Development Studies, Jawaharlal Nehru University, New Delhi, India
  • Master of Arts (Economics), Lucknow University, India

Professional History

  • Present 2017- Senior Lecturer in Development Economics, Peace Studies & International Development, University of Bradford, United Kingdom
  • 2013-2017 - Lecturer in Development Economics, Bradford Centre for International Development, University of Bradford, United Kingdom
  • 2010 - 2013 - GBS Postdoctoral Research Fellow, Department of Accounting, Finance and Economics, Griffith Business School, Griffith University, Australia
  • 2009-2009 - Tutor, Centre for Continuing Education, University of Auckland, New Zealand
  • 2007-2007 - CAPSTRANS Postdoctoral Research Fellow, Centre for Asia Pacific Social Transformation Studies, University of Wollongong, Australia
  • 1991-2008 - Assistant Adviser, Department of Economic & Policy Research, Reserve Bank of India, Mumbai, India
  • 1984 - 1991 - Research Officer, Department of Economic & Policy Research, Reserve Bank of India, Mumbai, India

Research Areas

Development Economics, Finance and Development, Economic Growth and Development

Current Projects

Regional financial deepening, renewable energy and disparities, shadow banking in emerging economies, financial development and economic growth, Governance, Economic Reforms and Well Being

Networks/Roles

Member

  1. Royal Economic Society, UK
  2. The New Zealand Asian Studies Society, New Zealand
  3. Associate Member, New Zealand South Asia Centre, University of Canterbury, Christchurch, New Zealand
  4. Honorary Senior Fellow, Alliance for Advanced Research & Development Initiatives, Chennai, India

Publications

Books

  1. Arora, R.U. (2009). Bank Credit and Development - A Study of Uttar Pradesh, India, VDM-Verlag, Sarrbrücken, ISBN 978-3-639-13948-8.

Book Chapters

  1. Arora, R. (2017). Financial Inclusion: Understanding Concept, Barriers and Measurement, in Financial inclusion for poverty alleviation: Banking on the unbanked, Routledge, Edts. Mohammed, E.Y. and Uraguchi, Z. B (forthcoming).
  2. Arora, R. U. (2017). Government intervention and Financial sector development in Development Finance: Opportunities and Challenges (Edt) Gianluigi G., London, Palgrave, forthcoming.
  3. Arora, R. (2017). Financial inclusion and financial stability in BRICS in Anand PB, Comim F, Fennell S., and Weiss J (edt) , The Oxford Handbook of BRICS and Emerging Economies, New York: Oxford University Press (forthcoming).
  4. Makin, T & Arora, R.U. (2014). How solid are the BRICS? An Economic Overview, In Vai Io Lo & Mary Hiscock (Eds.), The Rise of the BRICS in the Global Political Economy: Changing Paradigms, Edward Elgar Publishers, ISBN 9781 78254 546 0.
  5. Arora, R. U. (2008). Urban Transformation of Less Developed Regions: A Case Study of Uttar Pradesh, a Province in India. In A. Thornton & A. McGregor (Eds.), Southern perspectives: proceedings of the 5th biennial conference of the Aotearoa New Zealand International Development Studies Network (DevNet), (pp. 199-213). Dunedin: University of Otago; ISBN: 978-0-473-13832-5.
  6. Arora, R.U. (2008). Does Size Matter? Impact of Population on Economic Development in Uttar Pradesh. In R. Ghosh, K.R. Gupta and P. Maiti (Eds.), Development Studies (Vol. III), New Delhi, Atlantic Publishers, ISBN: 978-81-269-1007-6.

Refereed Papers Published in Journals

  1. Arora, R.U., and Ratnasiri, S. (2015). Recent Growth Experiences of Asian Tigers: Where does India stand? International Journal of Social Economics, Vol. 42 Iss 2 pp. 143 - 162.
  2. Arora, R.U. and Ratnasiri, S. (2015). Economic Reforms, Growth and Well Being: Evidence from India, Journal of Economic Policy Reform, Vol 18, No. 1, 16-33, DOI:10.1080/17487870.2014.920706.
  3. Naranapawa, A and Arora, R.U. (2014).  Does trade liberalisation promote regional disparities? Evidence from a multiregional CGE model of India, World Development, Volume 64, December, 339-349, DOI: 0.1016/j.worlddev.2014.06.001.
  4. Arora, R.U., and Ratnasiri, S. (2014). Financial Integration of South Asia: An Exploratory Study, New Zealand Journal of Asian Studies, Volume 16, No. 1, June, 39-60.
  5. Arora, R.U. and Ratnasiri, S. (2014). Economic Reforms, Growth and Well Being: Evidence from India, Journal of Economic Policy Reform, DOI:10.1080/17487870.2014.920706.
  6. Arora, R.U., and Ratnasiri, S. (2014). Recent Growth Experiences of Asian Tigers: Where does India stand? International Journal of Social Economics, Forthcoming.
  7. Arora, R.U. (2014). Inequality in Carbon Emissions at Sub-National Level in India, Journal of Developing Areas, Vol. 48, No.2, 383-397, Spring 2014. 
  8. Arora, R.U. (2014). Access to Finance: An Empirical Analysis, European Journal of Development Research, advance online publication 9 January 2014; doi: 10.1057/ejdr.2013.50.
  9. Arora, R.U. (2013). Food Subsidies in India: Are they working? Journal of Asian Public Policy, Vol 6, No.3, 217-230
  10. Arora, R.U. (2013). Services Sector and the Role of Banks: Evidence from Uttar Pradesh, India, The Empirical Economics Letters, Vol 12, No 1, 61-68.
  11. Makin, T and Arora, R.U (2012). Fiscal sustainability in India at state level, Public Finance and Management, Vol.12, No 4, 350-367.
  12. Arora, R.U. (2012). Gender Inequality, Economic Development, and Globalisation: A State Level Analysis of India, Journal of Developing Areas, Vol. 46, No. 1, Spring, 147-164. See blog on the paper (external link): http://intdev.blog.sbc.edu/2012/04/23/gender-inequality-economic-development-and-globalization-a-state-level-analysis-of-india/
  13. Arora, R.U. (2012). Financial Inclusion and Human Capital in Developing Asia: the Australian Connection, Third World Quarterly, Vol 33(1), 177-199.
  14. Arora, R.U. (2012). Finance and Inequality: A Study of Indian States, Applied Economics, Vol 44, No 34, 4527-4538.
  15. Arora, R.U. (2011). Likely channels of poverty spillover in India, The Empirical Economic Letters, Vol 10, No.4, April, 379-386.
  16. Arora, R. U. (2009). Globalisation and Stages of Development: An Exploratory Analysis,  Review of Urban & Regional Development Studies (RURDS), Journal of Applied Regional Science Conference,Vol. 21, No.2/3, July-November, 124-142, ISSN: 0917-0553.
    1. Also appears in Virtual Issue on Development and Change in India compiled by the journal.
  17. Arora, R. U. (2009). Bank Credit and Economic Development: An Empirical Analysis of Indian States,  Journal of Asian Public Policy, March, Vol. 2, No. 1, 85-104, ISSN: 1751-6234.
  18. Arora, R. U. (2007). Link between Economic Growth and Income Distribution, Finance India, December, Vol. XXI No 4, 1379-1387, ISSN- 0970-3772.
  19. Arora, R.U. (1998). Evolution and Growth of Certificates of Deposits (CDs) in India, Finance India, December, Vol. XII, No.4, 1029-1052.

Working Papers

  1. Arora, R.U. (2010). Measuring Financial Access, Economics and Business Statistics Working Paper Series (PDF), at:
  2. Arora, R.U. (2010). Regional Financial Cooperation in South Asia, Regional Outlook Series, Griffith Asia Institute Working Paper Series, No 26 (PDF)

Refereed Encyclopaedia Entries

  1. Arora, R.U. (2011). Entries on :
  • Central Banking, Development Aspects (110-112);
  • Reserve Bank of India ((599-601);
  • Monetary Policy (475-477);
  • Indian Agriculture (11-16);
  • Financial Institutions (254-257)
  • in R.D. Long & A.P. Kaminsky (Eds), India Today: An Encyclopedia of Life in the Republic (Two Volumes), ABC_CLIO,ISBN:978-0-313-37462-3, California, USA.

Refereed Conference Papers

  1. Arora, R. U. (2011). Is Finance Accessible to All in South Asia? Public Policy Reforms on Development: Challenges before Emerging Economies (A Source Book) N. U. Khan and P. Sigamani. New Delhi, Macmillan Publishers India Ltd.
  2. Arora, R. U. (2011). Finance and Human Capital: How Close is the Link? Proceedings of Global Accounting, Finance and Economics Conference. February 14-15, Monash University, Melbourne, Australia, World Business Institute.
  3. Arora, R.U. (2006).Economic Reforms and Less Developed Regions: A Case study of Uttar Pradesh in India (PDF) in the Conference Proceedings of the 16th Biennial Conference of Asian Studies Association of Australia (ASAA) on ‘Asia Reconstructed from Critiques of Development to Post Colonial Studies’ (PDF), University of Wollongong, Australia,  , p. 1-20.
  4. You can access my papers on the Social Science Research Network (SSRN) 
  5. Arora, R.U. (2006). Is Uttar Pradesh a lagging state in a leading economy, India?: An Exploratory Analysis, published in the Conference Proceedings of the Annual Conference 2006 of Pennsylvania Economic Association, Indiana University of Pennsylvania,  Proceedings published in CD-ROM, p.334-343.
  6. Also available on Social Science Research Network (SSRN) website and 46 downloads so far.
  7. Arora, R.U. (2006). Urban Transformation of Less Developed Regions: A Case Study of Uttar Pradesh, a Province in India in the Conference Proceedings of the Devnet: The Aotearoa New Zealand International Development Studies Network Conference 2006 on ‘Southern Perspectives on Development: Dialogue or Division, University of Otago, Dunedin, New Zealand.

 

Public/Academic/Stakeholder Engagement

Conference Presentations:

  1. Arora, R.U. (2017). Paper to be presented at Regional Studies Conference, Trinity College, Dublin, June.
  2. Arora, R.U. & H. Jalilian (2016). Financial Development, Human capital and Economic Growth at the Subnational level, 4th European Conference on Banking & Finance, ECOBATE 2016, Winchester, UK, October.
  3. Arora, R.U. (2016). Presented paper on Shadow Banking in the Emerging Economies, 14th INFINITI 2016 Conference on International Finance, Trinity College, Dublin, Ireland, June.
  4. Arora, R.U. (2015). Invited presentation in the workshop on “Development Finance: Issues and Challenges”, University of Liverpool, Liverpool, United Kingdom, July.
  5. Arora, R.U. (2015). Invited lecture on Production Sharing Agreements in Mining to Australian Government Mongolian fellowship program participants sponsored by the Griffith University and AusAid, June, Australia.
  6. Jalilian, H. & Arora, R.U. (2015). Presented paper on Measurement of Aid Effectiveness in Bradford Symposium, University of Bradford, April.
  7. Arora, R.U. & Wondemu, K. (2015). Presented paper on Public sector banks and economic growth: Evidence from India, Australasian Development Economics Workshop, Monash University, Australia, June.
  8. Das, K, Harper, J & Arora, R.U. (2014). Presented in July, 2014 in New Zealand Conference of Economists, Auckland, New Zealand.
  9. Arora, R.U. & Ratnasiri, S. (2012). Banks, Economic Growth and Less Developed Regions: Evidence from India, Tiffin Talks, Australia India Institute, University of Melbourne, Australia, November 15. 
  10. Arora, R.U. & Ratnasiri, S (2012). Banks, Economic Growth and Less Developed Regions: Evidence from India, 27th International Conference of the American Committee for Asian Economic Studies (ACAES)-Financial Econometrics group (FEG), Deakin University, Melbourne, Australia, 26-27 October, 2012
  11. Arora, R.U. (2012). Mind the Gap: A comparative perspective of India and China’s economic development, Asian Studies Association of Australia (ASAA) 19th Biennial Conference 2012, University of Western Sydney, Sydney, Australia, July 12.
  12. Arora, R.U. & Ratnasiri, S (2012). Link between Finance and Human Capital: Evidence from India,  Faculty of Business Research seminar series, Bond University, Gold Coast, Australia, August 10.
  13. Arora, R.U. (2012). Presented research in the South Asia Network Meeting, June 9, Department of Economics, Monash University, Melbourne, Australia. 
  14. Naranpanawa, A (Presenter) and Arora, R.U. (2012). Trade Liberalisation and Regional Disparities: Evidence from a Multi-Regional General Equilibrium Model of India, 15th Annual Conference on Global Economic Analysis "New Challenges for Global Trade and Sustainable Development, June 27-29, 2012, World Trade Organization/ Centre International de Conférences Genève, Geneva, Switzerland. 
  15. Ratnasiri, S& Arora, R.U. (2012). Environmental Pollution and Inequality: Empirical investigation of a Developing Country Experience, Australian Conference of Economists 2012, Victoria University, Melbourne, Australia, July 10.
  16. Arora, R.U. & Ratnasiri, S. (2012). Finance and Human Capital: How close is the link? Evidence from India, 17th Australasian Macroeconomics Workshop 2012, Department of Economics, Monash University, Melbourne, Australia, April 12-13.
  17. Arora, R.U. & Ratnasiri, S. (2011). Finance and Human Capital: How close is the link? in Brown Bag Seminar Series, Department of Accounting, Finance & Economics, Griffith University, Australia, November 18. 
  18. Arora, R.U. & Ratnasiri, S. (2011). Factors explaining sub-national economic growth in a globalising economy: A Study of Indian States in Regions, States and Peoples in World of Many Worlds, ISA Asia-Pacific Regional Section Inaugural Conference 2011, University of Queensland, Brisbane, Australia, September 30. 
  19. Arora, R.U. & Ratnasiri, S. (2011). Financial Development, Financial Inclusion and Human Capital: How close is the link? A Case study of India in Indian Economy and Business Conference organised by Australia South Asia Research Centre, Research School of Asia and Pacific, Australian National University, Canberra, Australia, September 19.
  20. Arora, R.U. (2011). Finance and Inequality in South Asia, 9th Biennial Pacific Rim Conference, Western Economic Association International, Queensland University of Technology, Brisbane, Australia, April 26-29.
  21. Arora, R.U. (2011). Link between Financial Development and Human Capital in Asian developing economies: The Australian Connection, Research seminar series, Griffith Asia Institute, Griffith University, Brisbane, Australia, March 17. 
  22. Arora, R.U. (2011). Is finance available to all in South Asia? International Conference on Relevance of Policy Reforms on Development: Challenges before Emerging Economies, February 24-26, Jamia Milia Islamia University, Delhi, India. 
  23. Arora, R.U., Rohde, N. & Shyama Ratnasiri (2011). Finance and Human Capital: Is there a link? Global Accounting, Finance & Economics Conference, Monash University, Melbourne, February 14-15.  
  24. Arora, R.U. & Rohde, N. (2010). Finance  and  Inequality: the Indian  Case, 2010 Global Development Finance Conference, Africa Growth Institute, Cape Town, South Africa, November 24-26. 
  25. Arora, R.U. (2010). Access of Finance in South Asia, Australian Conference of Economists (ACE10), Sydney, September 27-29.
  26. Arora, R.U. (2010). Seminar on Asian tigers’ economic growth and lessons for India, Research seminar series, Griffith Asia Institute, Griffith University, Nathan, Australia, March 18.
  27. Arora, R.U. (2009). Financial Integration in Asia and its Impact on Economic Development presented in "Asian Connections" China-South Asia International Cultural Forum, Delhi, India, Dec 4-5, organised by National University of Singapore.  
  28. Arora, R.U. (2009). Invited Paper on Agricultural Subsidies presented in Indian Economy and Business Conference organised by Australia South Asia Research Centre, Research School of Asia and Pacific, Australian National University, Canberra, Australia, September 17.
  29. Arora, R.U. (2009). Invited to present paper on Asian Tigers’ Economic Development: Are there lessons for India at One Day International Workshop on Developing Economies, Department of Economics/Research in Economics, University of Venice, Venice, Italy, June 25. 
  30. Arora, R.U. (2009). Subsidies to Agricultural sector in India: Are there lessons from Australia and New Zealand at the New Zealand Asian Studies Society 18th Biennial Conference, Victoria University of Wellington, Wellington, New Zealand, July 7.
  31. Arora, R.U. (2009). Seminar on Spillover of poverty in India: A study of Three States at Centre for Development Studies, University of Auckland, April 2.  
  32. Arora, R.U. (2007). Seminar on Globalisation and Development: An Inter-state Analysis of India, CAPSTRANS Postdoctoral Research Fellow in the CAPSTRANS Seminar Series at University of Wollongong, Australia, November 21.
  33. Arora, R.U. (2006). Is Uttar Pradesh a lagging state in a leading economy, India? Indiana University of Pennsylvania, US, Annual Conference 2006 of Pennsylvania Economic Association, June 1-3.
  34. Arora, R.U. (2006). Economic reforms and Less Developed regions: A Case study of Uttar Pradesh in India, 16th Biennial Conference of Asian Studies Association of Australia (ASAA) on ‘Asia Reconstructed from Critiques of Development to Post Colonial Studies’, University of Wollongong, Australia, June 26-June 29.
  35. Arora, R.U. (2006). Urban Transformation of Less Developed Regions and Globalisation: A Case Study of Uttar Pradesh, a Province in India, Devnet: The Aotearoa New Zealand International Development Studies Network Conference 2006 on ‘Southern Perspectives on Development: Dialogue or Division, University of Otago, Dunedin, New Zealand, November 30-December 2. 

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