Dev Kar Email & Phone Number

New Haven County, Connecticut, United States

Washington Dc

Combining expert knowledge of macroeconomics and economic statistics, led a team of young economists and interns at the fledgling GFI to a think tank that is widely cited today in major news media and by international organizations and governments around the world. Donor-funded issues for research include governance, underground economies, customs reform, fiscal reform, econometric models of capital flight and illicit financial flows, and other macroeconomic analysis. Advised senior-most government officials in Ethiopia, Ghana, Guatemala, India, Malaysia, and other countries on macroeconomic, structural, and governance-related measures to curtail outflows of illicit capital. Responsible for attracting US$6 million in donor funding over a period of 5 years based on the high quality of empirical research used in country case studies as well as reports focusing on outflows of licit and illicit capital from various regions of the developing world. TLed a team of professionals from GFI and the African Development Bank to work on a one-year project analyzing the nature, scale, and regional distribution of net resource transfers from African countries. Presented the report at the Annual Meetings of the African Development Bank in Marrakech in May 2013. Selected by the UNDP to lead a team of economists at GFI to analyze the factors driving outflows of illicit capital from the Least Developed Countries. The findings of the report informed Ministers who discussed them at the United Nations IV Conference on Least Developed Countries in Istanbul in May 2011. Led policy discussions on macroeconomic issues underlying capital flight, governance, and corruption in developing countries with senior officials at international conferences. Presented papers at economic conferences at Oxford University, Yale University, the World Bank, and the Brookings Institution and in Bergen, Norway under the aegis of the Norwegian Ministry of Foreign Affairs.

Washington Dc

O er a career spanning nearly 32 years at the IMF, I worked in 4 important departments including central banking, statistics and finance.

Washington Dc

Acted as Division Chief of the Country Data Review Division, Statistics Department. Carried out policy discussions with Minster of Finance and Governor of the Central Bank on fiscal and monetary policy to maintain macroeconomic stability in Bhutan in the context of the IMF’s Article IV Surveillance. Carried out an assessment of Bhutan’s exchange rate regime; findings were used to initiate and inform policy discussions on the subject.Carried out data quality assessments of the statistical database underlying IMF lending programs and surveillance of the economies of member countries. Participated in an IMF assessment mission to Kazakhstan to provide advice to governments on data quality and data standards to build statistical capacity.Prepared the Operational Budget of the IMF which called for a high degree of accuracy in calculating members’ currency exposures and IMF financial positions.Assessed economic and political developments in Heavily Indebted Poor Countries (HIPC) and in Poverty Reduction and Growth Facility (PRGF)-eligible countries.Prepared several IMF Board papers reviewing overdue financial obligations of certain members and analyzing recent cases of overdue obligations to the Fund.Represented the IMF at a two-week training and seminar on international banking issues at King’s College, Cambridge University, United Kingdom, 1996.Carried out research studies on the functions and role of central banks in developing and industrial countries. These studies were the basis for the design, development, and implementation of a large-scale database on laws, regulations, and data on various aspects of central banking operations in member countries. Prepared short papers on the external debt situation of heavily indebted countries; prepared short notes on the medium-term balance of payments outlook for selected countries.

Washington Dc

Ph.D, Economics

M.Phil, Economics

Majors: Monetary Economics.

M.S. (Computer Science), Data Modeling/Warehousing And Database Administration

Computer programming on IBM 360 Mainframe (COBOL and FORTRAN).

B.S., Physics, Chemistry, And Mathematics.