Malhar Nabar

Last Updated: January 01, 2021

Malhar Nabar

Malhar Nabar heads the World Economic Studies division in the IMF's Research Department, which produces the World Economic Outlook (WEO). In previous roles in the IMF's Asia and Pacific Department he covered China and Japan, and was mission chief for Hong Kong, SAR. Malhar’s research interests are in financial development, investment, and productivity growth. Before joining the IMF in 2009, he was an Assistant Professor of Economics at Wellesley College. He holds a Ph.D. from Brown University.

Email: MNABAR@imf.org

Education:

Ph.D. in Economics, Brown University, May 2005

Master of Business (Research), Queensland University of Technology, June 2000

B.A. (Hons) Economics and History, Oxford University, July 1998


Previous Experience:

Assistant Professor, Department of Economics, Wellesley College, 2005-2009.

Deutsche Bank, Global Markets Research, New York: offices of Peter Hooper (Chief US Economist) and Mike Dooley (Chief Economist, Latin America); summer intern 2001, 2002, 2003.


Current Position:

Division Chief, World Economic Studies, Research Department, November 2019 - present.


Country work or Mission Assignment:

Deputy Division Chief, World Economic Studies, Research Department, July 2016-November 2019

IMF Mission Chief for Hong Kong SAR, 2015-2016.

Deputy Division Chief, China Division, Asia and Pacific Department, 2015-2016.

Assistant to the Director, Asia and Pacific Department, 2014-2015.

Senior Economist, China and Japan Desks, Asia and Pacific Department, 2013-2015.

Economist, China Desk and Regional Studies Division, Asia and Pacific Department, 2009-2013.

IMF Books and Working Papers:

Domestic Amplifiers of External Shocks: Growth Accelerations and Reversals in Emerging Market and Developing Economies , Working Paper No. 19/128 , June 17, 2019

The Global Economic Recovery 10 Years After the 2008 Financial Crisis , Working Paper No. 19/83 , April 26, 2019

Growth Accelerations and Reversals in Emerging Market and Developing Economies: The Role of External Conditions , Working Paper No. 18/52 , March 12, 2018

More Slack than Meets the Eye? Recent Wage Dynamics in Advanced Economies , Working Paper No. 18/50 , March 09, 2018

Sector-Level Productivity, Structural Change, and Rebalancing in China , Working Paper No. 13/240 , November 27, 2013

China's Economy in Transition: From External to Internal Rebalancing , November 07, 2013

Enhancing China’s Medium-Term Growth Prospects : The Path to a High-Income Economy , Working Paper No. 13/204 , October 02, 2013

Investment-Led Growth in China : Global Spillovers , Working Paper No. 12/267 , November 06, 2012

An End to China’s Imbalances? , Working Paper No. 12/100 , April 01, 2012

Safeguarding Banks and Containing Property Booms : Cross-Country Evidenceon Macroprudential Policies and Lessons From Hong Kong SAR , Working Paper No. 11/284 , December 01, 2011

Targets, Interest Rates, and Household Saving in Urban China , Working Paper No. 11/223 , October 01, 2011

The Great Rebalancing Act: Can Investment Be a Lever in Asia? , Working Paper No. 11/35 , February 01, 2011

iMFdirect Blog Posts

2019 in Review: The Global Economy Explained in 5 Charts (with Gita Gopinath and Gian Maria Milesi-Ferretti)

"Lasting Effects: The Global Economic Recovery 10 Years After the Crisis" with Wenjie Chen and Mico Mrkaic

Video (roundtable hosted by Pedro da Costa)

"The Disconnect Between Unemployment and Wages" with Gee Hee Hong, Zsoka Koczan, and Weicheng Lian

Video (roundtable hosted by David Wessel)

"Emerging Markets and Developing Economies: Sustaining Growth in a Less Supportive External Environment" with Bertrand Gruss and Marcos Poplawski-Ribeiro

Video (roundtable hosted by Moritz Koch)

F&D articles

“Sino-Spending”, with Steven Barnett and Alla Myrvoda, Finance and Development, September 2012.

“A Change in Focus”, with Olaf Unteroberdoerster, Finance and Development, September 2012.

Other Published Materials

October 2020 WEO Chapter 1: A Long and Difficult Ascent (with Gian Maria Milesi-Ferretti)

April 2020 WEO Chapter 1: The Great Lockdown (with Gian Maria Milesi-Ferretti)

October 2019 WEO Chapter 1: Global Manufacturing Downturn, Rising Trade Barriers (with Oya Celasun and Gian Maria Milesi-Ferretti)

April 2019 WEO Chapter 1: Growth Slowdown, Precarious Recovery (with Oya Celasun and Gian Maria Milesi-Ferretti)

October 2018 WEO Chapter 2: The Global Economic Recovery 10 Years After the 2008 Financial Meltdown (with W. Chen and M. Mrkaic).

October 2017 WEO Chapter 2: Recent Wage Dynamics in Advanced Economies: Drivers and Implications” (with G. Hong, Z. Koczan, and W.Lian).

April 2017 WEO Chapter 2: Growth in Emerging Market and Developing Economies in a Complicated External Environment (with B. Gruss and M. Poplawski-Ribeiro).

“Renminbi Internationalization” with C.Tovar, in W. Lam, M. Rodlauer, A. Schipke, eds., Modernizing China. IMF, 2016.

“The Opportunities and Risks of Abenomics in the Financial Sector” with S. Arslanalp and W. Lam, in D. Botman, S.Danninger, J. Schiff eds., Can Abenomics Succeed? Overcoming the Legacy of the Lost Decades. IMF, 2015.

China’s Economy in Transition (book collection of IMF staff research on China) edited with Anoop Singh and Papa N’Diaye, November 2013.

“Corporate Saving and Rebalancing in Asia”, with Sonali Jain-Chandra and Nathan Porter, in V.Arora and R.Cardarelli, eds., Rebalancing Growth in Asia: Economic Dimensions for China. IMF, Washington DC, 2011.

“Investment and Rebalancing in Asia”, with Murtaza Syed, in V.Arora and R.Cardarelli, eds., Rebalancing Growth in Asia: Economic Dimensions for China. IMF, Washington DC, 2011.

Malhar Nabar

Malhar Nabar heads the World Economic Studies division in the IMF's Research Department, which produces the World Economic Outlook (WEO). In previous roles in the IMF's Asia and Pacific Department he covered China and Japan, and was mission chief for Hong Kong, SAR. Malhar’s research interests are in financial development, investment, and productivity growth. Before joining the IMF in 2009, he was an Assistant Professor of Economics at Wellesley College. He holds a Ph.D. from Brown University.

Email: MNABAR@imf.org

Education:

Ph.D. in Economics, Brown University, May 2005

Master of Business (Research), Queensland University of Technology, June 2000

B.A. (Hons) Economics and History, Oxford University, July 1998


Previous Experience:

Assistant Professor, Department of Economics, Wellesley College, 2005-2009.

Deutsche Bank, Global Markets Research, New York: offices of Peter Hooper (Chief US Economist) and Mike Dooley (Chief Economist, Latin America); summer intern 2001, 2002, 2003.


Current Position:

Division Chief, World Economic Studies, Research Department, November 2019 - present.


Country work or Mission Assignment:

Deputy Division Chief, World Economic Studies, Research Department, July 2016-November 2019

IMF Mission Chief for Hong Kong SAR, 2015-2016.

Deputy Division Chief, China Division, Asia and Pacific Department, 2015-2016.

Assistant to the Director, Asia and Pacific Department, 2014-2015.

Senior Economist, China and Japan Desks, Asia and Pacific Department, 2013-2015.

Economist, China Desk and Regional Studies Division, Asia and Pacific Department, 2009-2013.

IMF Books and Working Papers:

Domestic Amplifiers of External Shocks: Growth Accelerations and Reversals in Emerging Market and Developing Economies , Working Paper No. 19/128 , June 17, 2019

The Global Economic Recovery 10 Years After the 2008 Financial Crisis , Working Paper No. 19/83 , April 26, 2019

Growth Accelerations and Reversals in Emerging Market and Developing Economies: The Role of External Conditions , Working Paper No. 18/52 , March 12, 2018

More Slack than Meets the Eye? Recent Wage Dynamics in Advanced Economies , Working Paper No. 18/50 , March 09, 2018

Sector-Level Productivity, Structural Change, and Rebalancing in China , Working Paper No. 13/240 , November 27, 2013

China's Economy in Transition: From External to Internal Rebalancing , November 07, 2013

Enhancing China’s Medium-Term Growth Prospects : The Path to a High-Income Economy , Working Paper No. 13/204 , October 02, 2013

Investment-Led Growth in China : Global Spillovers , Working Paper No. 12/267 , November 06, 2012

An End to China’s Imbalances? , Working Paper No. 12/100 , April 01, 2012

Safeguarding Banks and Containing Property Booms : Cross-Country Evidenceon Macroprudential Policies and Lessons From Hong Kong SAR , Working Paper No. 11/284 , December 01, 2011

Targets, Interest Rates, and Household Saving in Urban China , Working Paper No. 11/223 , October 01, 2011

The Great Rebalancing Act: Can Investment Be a Lever in Asia? , Working Paper No. 11/35 , February 01, 2011

iMFdirect Blog Posts

2019 in Review: The Global Economy Explained in 5 Charts (with Gita Gopinath and Gian Maria Milesi-Ferretti)

"Lasting Effects: The Global Economic Recovery 10 Years After the Crisis" with Wenjie Chen and Mico Mrkaic

Video (roundtable hosted by Pedro da Costa)

"The Disconnect Between Unemployment and Wages" with Gee Hee Hong, Zsoka Koczan, and Weicheng Lian

Video (roundtable hosted by David Wessel)

"Emerging Markets and Developing Economies: Sustaining Growth in a Less Supportive External Environment" with Bertrand Gruss and Marcos Poplawski-Ribeiro

Video (roundtable hosted by Moritz Koch)

F&D articles

“Sino-Spending”, with Steven Barnett and Alla Myrvoda, Finance and Development, September 2012.

“A Change in Focus”, with Olaf Unteroberdoerster, Finance and Development, September 2012.

Other Published Materials

October 2020 WEO Chapter 1: A Long and Difficult Ascent (with Gian Maria Milesi-Ferretti)

April 2020 WEO Chapter 1: The Great Lockdown (with Gian Maria Milesi-Ferretti)

October 2019 WEO Chapter 1: Global Manufacturing Downturn, Rising Trade Barriers (with Oya Celasun and Gian Maria Milesi-Ferretti)

April 2019 WEO Chapter 1: Growth Slowdown, Precarious Recovery (with Oya Celasun and Gian Maria Milesi-Ferretti)

October 2018 WEO Chapter 2: The Global Economic Recovery 10 Years After the 2008 Financial Meltdown (with W. Chen and M. Mrkaic).

October 2017 WEO Chapter 2: Recent Wage Dynamics in Advanced Economies: Drivers and Implications” (with G. Hong, Z. Koczan, and W.Lian).

April 2017 WEO Chapter 2: Growth in Emerging Market and Developing Economies in a Complicated External Environment (with B. Gruss and M. Poplawski-Ribeiro).

“Renminbi Internationalization” with C.Tovar, in W. Lam, M. Rodlauer, A. Schipke, eds., Modernizing China. IMF, 2016.

“The Opportunities and Risks of Abenomics in the Financial Sector” with S. Arslanalp and W. Lam, in D. Botman, S.Danninger, J. Schiff eds., Can Abenomics Succeed? Overcoming the Legacy of the Lost Decades. IMF, 2015.

China’s Economy in Transition (book collection of IMF staff research on China) edited with Anoop Singh and Papa N’Diaye, November 2013.

“Corporate Saving and Rebalancing in Asia”, with Sonali Jain-Chandra and Nathan Porter, in V.Arora and R.Cardarelli, eds., Rebalancing Growth in Asia: Economic Dimensions for China. IMF, Washington DC, 2011.

“Investment and Rebalancing in Asia”, with Murtaza Syed, in V.Arora and R.Cardarelli, eds., Rebalancing Growth in Asia: Economic Dimensions for China. IMF, Washington DC, 2011.

Publications in Journals (Refereed)

"Growth Accelerations and Reversals in Developing Economies: External Conditions and Domestic Amplifiers” with Bertrand Gruss and Marcos Poplawski-Ribeiro, Open Economies Review, 31, pp. 753–786, February 2020.

“Financial Development and Wage Inequality: Theory and Evidence”, with Michal Jerzmanowski Economic Inquiry, 51, 1, pp 211-234, January 2013.

“Sudden Stops, Banking Crises and Investment Collapses in Emerging Markets”, with Joseph P. Joyce Journal of Development Economics, 90, 2, 2009.

“The Welfare Consequences of Irrational Exuberance: Stock Market Bubbles, Research Investment, and Productivity”, with Michal Jerzmanowski Journal of Macroeconomics, 30, 1, 2008.

Publications in Books and Conference Volumes

“Resilience and Escaping Development Traps: Lessons for Asia-Pacific Economies” with A. Myrvoda and C.Rhee, in F.Hutchinson and S.B. Das eds., Asia and the Middle Income Trap. Routledge. 2016.