Rohinton P. Medhora

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Rohinton P. Medhora
Rohinton Medhora.jpg
Alma mater University of Toronto
Organization Centre for International Governance Innovation (CIGI)
TitleDistinguished Fellow, CIGI Former president, CIGI (2012 to 2022)

Rohinton P. Medhora is a Canadian economist. His fields of expertise are monetary and trade policy, international economic relations, and development economics. He is a Centre for International Governance Innovation (CIGI) distinguished fellow, former president of CIGI and professor of practice at McGill University's Institute for the Study of International Development.

Contents

Education

Medhora earned his B.A. and M.A. at the University of Toronto, where he majored in economics, [1] followed by a doctorate in economics in 1988 from the same university. [1] His doctoral thesis is titled Assessing the costs and benefits of membership in the West African Monetary Union, 1976-84. He subsequently taught at the University of Toronto for a number of years. [2]

Career

Medhora is currently a professor of practice at McGill University's Institute for the Study of International Development and a distinguished fellow at CIGI where he previously served as president from May 2012 to August 2022. He also served on CIGI's former International Board of Governors from 2009 to 2014. [1] Previously, he was vice president of programs at Canada’s International Development Research Centre (IDRC). [1]

Medhora is chair of the Board for the Institute for New Economic Thinking, [3] vice-chair at the McLuhan Foundation [1] board member of Partnership for Economic Policy [4] and the Global Centre for Pluralism [5] . He is on the advisory boards for the WTO Chairs Programme, [6] UNU-MERIT [7] and Global Health Centre. He sits on the Commission on Global Economic Transformation [8] , co-chaired by Nobel economics laureates Michael Spence and Joseph Stiglitz, [9] and previously sat on The Lancet and the Financial Times Commission on Governing Health Futures 2030, [10] From 2021 to 2022, Rohinton chaired the Ontario Workplace Recovery Advisory Committee. [11]

He has produced several books: Finance and Competitiveness in Developing Countries (2001, Routledge) and Financial Reform in Developing Countries (1998, Macmillan), which he co-edited with José Fanelli. In 2013, he was co-editor of Canada-Africa Relations: Looking Back, Looking Ahead (2013, McGill Queens university Press), which is volume 27 in the Canada Among Nations book series. In 2014, he co-edited International Development: Ideas, Experience, and Prospects (2014, Oxford University Press) and Crisis and Reform: Canada and the International Financial System (2014, McGill-Queen's University Press), which is volume 28 in the Canada Among Nations book series.

Development economics

Early in his career, Medhora’s work focused on development economics. [12] During his time at IDRC, Medhora focused particularly on development finance. He argued that policy makers should avoid “cookie cutter” approaches to economic policy in developing economies. In other words, what works for one country – be it developed or otherwise – may not work in other contexts. [13] His major publications in this area are:

Multilateralism

Medhora argues that strong multilateral institutions are important for effective global governance. He points to institutions like the G20, the IMF and the WTO as examples of institutions that have the potential to make positive contributions to global well being. [26] He also identifies trade negotiations as a potential forum for multilateral global governance, and argues that trade agreements have the potential to be mechanisms for addressing diverse challenges. [27] In this field, his publications include:

Innovation policy

Medhora has argued that, in an economy increasingly driven by intangible assets, public policy should be oriented towards promoting the production of intellectual property. [35] Along with promoting innovation, he argues that international governance frameworks are needed in order to ensure artificial intelligence and big data are deployed ethically. [36] To address the challenges and opportunities of the new economy, Medhora has call for a “Bretton Woods moment” in which international consensus is formed around the principle that the technology-fuelled economy should serve the global good. [37] His major publications in this area are :

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  14. Horton, Susan*Kanbur (1994-07-31). "Labor markets in an era of adjustment : case studies": 1.{{cite journal}}: Cite journal requires |journal= (help)
  15. Medhora, Rohinton (1995-10-01). "The allocation of seigniorage in the Franc Zone: The BEAC and BCEAO regions compared". World Development. 23 (10): 1781–1793. doi:10.1016/0305-750X(95)00077-P. ISSN   0305-750X.
  16. Medhora, Rohinton (1992-09-01). "Seigniorage flows in the West African Monetary Union, 1976–89". Weltwirtschaftliches Archiv. 128 (3): 513–526. doi:10.1007/BF02707365. ISSN   0043-2636. S2CID   153483827.
  17. Fanelli, José María; Medhora, Rohinton, eds. (1998). Financial Reform in Developing Countries. Palgrave Macmillan UK. ISBN   978-0-333-69608-8.
  18. Economics, World. "The Uneven Build Up of Global Reserves: Ways forward". World Economics. Retrieved 2019-07-29.
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  20. Malone, David M.; Medhora, Rohinton P. (2014-05-05). "Development: Advancement through International Organizations".{{cite journal}}: Cite journal requires |journal= (help)
  21. Currie-Alder, Bruce; Kanbur, Ravi; Malone, David M.; Medhora, Rohinton, eds. (2014-03-07). International Development: Ideas, Experience, and Prospects. ASIN   0199671664.
  22. Medhora, Rohinton; Samy, Yiagadeesen, eds. (2016-10-17). Canada-Africa Relations: Looking Back, Looking Ahead. ASIN   0986707740.
  23. "Crisis and Reform | McGill-Queen's University Press". www.mqup.ca. Retrieved 2021-08-12.
  24. Medhora, Rohinton P. (2019-07-03). "Policy choices in the 21st century – where to start?". Middle East Development Journal. 11 (2): 277–288. doi:10.1080/17938120.2019.1664839. ISSN   1793-8120. S2CID   204444011.
  25. INET (2022). "Addressing COVID-19 in Africa: Challenges and Leadership in a Context of Global Economic Transformation".
  26. Medhora, Rohinton (June 2016). "The G20's "Development" Agenda: Fundamental, not a Sidebar" (PDF). Centre for International Governance Innovation.
  27. "The Future of Trade". Centre for International Governance Innovation. Retrieved 2019-06-19.
  28. Medhora, Rohinton P.; Malone, David M. (2019-06-20). "International Cooperation: Is the Multilateral System Helping?".{{cite journal}}: Cite journal requires |journal= (help)
  29. Medhora, Rohinton P. (2016-06-07). "The G20's "Development" Agenda: Fundamental, Not a Sidebar".{{cite journal}}: Cite journal requires |journal= (help)
  30. "Refreshing Global Trade Governance". Council of Councils. Retrieved 2019-07-29.
  31. Medhora, Rohinton P. (2010-05-14). "Smaller Developing Countries and the G20: Ensuring their Voices Are Heard".{{cite journal}}: Cite journal requires |journal= (help)
  32. Medhora, Rohinton; Panezi, Maria (2018-09-26). "Will the Price Ever be Right? Carbon Pricing and the WTO". Rochester, NY. SSRN   3255888.{{cite journal}}: Cite journal requires |journal= (help)
  33. Medhora, Rohinton (2019-10-02). "Bypasses to the International Monetary Fund". Transnational Legal Theory. 10 (3–4): 318–332. doi:10.1080/20414005.2019.1666634. ISSN   2041-4005. S2CID   204437866.
  34. Medhora, Rohinton P. (2020-04-17). "A Post-COVID-19 Digital Bretton Woods | by Rohinton P. Medhora & Taylor Owen". Project Syndicate. Retrieved 2021-08-12.
  35. 1 2 Medhora, Rohinton (November 2018). "Rethinking Policy in a Digital World" (PDF). Centre for International Governance Innovation.
  36. "Three Paths Towards Global Governance of Artificial Intelligence". Centre for International Governance Innovation. Retrieved 2019-06-19.
  37. "Framing an Innovation Strategy". Centre for International Governance Innovation. Retrieved 2019-06-19.
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