Scholars

Suman Bery

Non-resident Fellow

Expertise: International economics, monetary policy

Suman Bery was most recently Shell’s Chief Economist, based in The Hague, The Netherlands. He is currently a Nonresident Fellow of the Brussels think-tank Bruegel, as well as a Senior Fellow of the Mastercard Center for Inclusive Growth. He is based in New Delhi.

Suman had earlier served as Director-General (Chief Executive) of the National Council of Applied Economic Research (NCAER), New Delhi. NCAER is one of India's leading independent non-profit policy research institutions. At various times Suman was a member of the Prime Minister’s Economic Advisory Council, of India’s Statistical Commision and of the Reserve Bank of India’s Technical Advisory Committee on Monetary Policy.

Prior to NCAER, Mr. Bery was with the World Bank in Washington DC with a particular focus on Latin America and the Caribbean.  At the time of India’s economic reforms (1992-1994), on leave from the World Bank, Mr. Bery worked as Special Consultant to the Reserve Bank of India, Bombay. His professional writing includes contributions on the political economy of reform, financial sector and banking reform and energy trends and policy. He has been a monthly columnist for the Indian business newspaper Business Standard for more than a decade.

Declaration of interests 2019

Declaration of interests 2018

Declaration of interests 2016-2017

Read article More on this topic
 

Blog Post

How is the G20 tackling debt problems of the poorest countries?

The G20 Debt Service Suspension Initiative, although a partial success, has been dogged by competing interests and lack of coordination. A further push is needed to solve the coordination problem.

By: Suman Bery, Alicia García-Herrero and Pauline Weil Topic: Global Economics & Governance Date: February 25, 2021
Read article More on this topic
 

Blog Post

Debt relief for Sub-Saharan Africa: what now?

When G20 finance heads meet on 18 July, Europe will again need to lead on the group’s flagship COVID-19 initiative to postpone low-income countries’ debt service payments. For the first time, China has agreed to participate as an official creditor alongside members of the Paris Club. However, continuing lack of clarity on which Chinese creditors will participate, coupled with resistance from private sector creditors to voluntary participation, suggest that actual relief will be much less than originally planned.

By: Suman Bery, Sybrand Brekelmans and Alicia García-Herrero Topic: Global Economics & Governance Date: July 14, 2020
Read article More on this topic
 

Opinion

Toward a smart Indian response to China

Rather than risking its soldiers' lives on the border, India should join 'middle power' economic coalitions to address China's behavior.

By: Suman Bery and Alicia García-Herrero Topic: Global Economics & Governance Date: June 23, 2020
Read article More on this topic More by this author
 

Opinion

COVID-19 and India: economic impact and response

This piece was published the day before India imposed one of the world's strictest lockdowns in its response to the COVID-19 response. It remains relevant in assessing the government's actions in the ten weeks that have since passed.

By: Suman Bery Topic: Global Economics & Governance Date: May 27, 2020
Read article More on this topic
 

Blog Post

The revived centrality of the G20

Much was expected from the meeting of G20 Finance officials earlier this month. In the event the meeting decided on a standstill of the poorest countries’ debt service but failed to agree on a fresh allocation of the IMF's Special Drawing Rights (SDRs). We argue that this is a reasonable outcome under the circumstances even if more could have been done, and that the G20 is again at center-stage in global economic cooperation.

By: Suman Bery and Sybrand Brekelmans Topic: Global Economics & Governance Date: April 28, 2020
Read article More on this topic More by this author
 

Opinion

India navigates a new global order

India’s economic diplomacy must seek to strengthen a reformed and inclusive multilateralism.

By: Suman Bery Topic: Global Economics & Governance Date: February 3, 2020
Read article More on this topic More by this author
 

Opinion

Elections, institutions and statecraft: A tumultuous year for Modi in India

With the turn of the year, India has firmly entered election mode. Recent regional elections have begun to shift the political landscape, while tensions continue to simmer between the Reserve Bank of India and the Ministry of Finance. How the Modi government sees out this term could set important precedents for the incoming government in May 2019.

By: Suman Bery Topic: Global Economics & Governance Date: January 16, 2019
Read article More by this author
 

Opinion

The world deserves a more effective G20

As the presidency shifts from Argentina to Japan at Buenos Aires (and then to Saudi Arabia) it is worth asking why the G20 has endured this long and what it needs to remain relevant in a dramatically changed world.

By: Suman Bery Topic: Finance & Financial Regulation, Global Economics & Governance Date: November 29, 2018
Read article Download PDF More on this topic
 

Policy Contribution

The G20 turns ten: what’s past is prologue

This Policy Contribution assesses the performance of the G20 since its first summit held in November 2008 to understand what could lie ahead for the institution.

By: Suman Bery and Bruegel Topic: Global Economics & Governance Date: November 15, 2018
Load more posts