Nilanjan Ghosh

Nilanjan Ghosh is an ecological economist by training, with interests in environmental and development economics, and commodity derivatives markets. Presently, he serves as the Chief Economist at Multi Commodity Exchange of India Limited. His previous stints in his research and consulting career include institutions like Takshashila Academia of Economic Research (a sister concern of MCX (I) Limited), The Energy and Resources Institute (TERI), TERI University, among others. He had been a Visiting Fellow at the School of Social Sciences, Växjö University (now Linnaeus University LNU) in December 2008. Nilanjan had been involved in various global environmental assessments, including the UNEP’s flagship GEO-4 as Lead Author. He has conducted research and consultancy projects funded by WWF, UNCTAD, UNEP, and many others. He has published 5 books (3 authored + 2 co-edited), and a host of peer-reviewed journal papers and book chapters, apart from popular articles in newspapers and periodicals. Presently the Vice President of Indian Society for Ecological Economics (2012-14), he has previously served as the Society’s Secretary (2010-12). Nilanjan obtained his Ph.D. (Fellow of IIM) from Indian Institute of Management Calcutta, and Masters’ in Economics from Jadavpur University, Kolkata, India.


“Virtual Water” and Occam's Razor: An Explanation From the Perspective of Economics of Water
Nilanjan Ghosh, Anandajit Goswami. © 2018. 13 pages.
Virtual Water has been criticized as merely being a jargon camouflaging crop-water requirements. This chapter attempts to contest this argument. From the neoclassical production...
Valuation and Market-Based Pricing of Economic and Ecosystem Services of Water Resources
Nilanjan Ghosh, Anandajit Goswami. © 2018. 32 pages.
This chapter presents a comprehensive review of valuation of water. Though existing literature has a large number of papers on the significant attempts at valuing water, a number...
Water Scarcity and Conflicts: Can Water Futures Exchange in South Asia Provide the Answer?
Nilanjan Ghosh, Anandajit Goswami. © 2018. 24 pages.
This chapter presents the concept of the establishment of a futures market in water in the context of the risk of water availability that Indian agriculture has been facing in...
Economic Growth, Sustainable Development, and the Role of Markets
Nilanjan Ghosh, Anandajit Goswami. © 2018. 19 pages.
This chapter tracks the long path that Development Theory has traversed over the last century. Its origin traces back to the notions of economic growth and development and...
Economics, Environmental Policy, Trade and Sustainability
Nilanjan Ghosh, Anandajit Goswami. © 2018. 20 pages.
Sustainability has to be measured by different tools of valuation. Furthermore, the philosophy behind environmental policy making also decides the way sustainability is perceived...
Sustainability Science for Social, Economic, and Environmental Development
Nilanjan Ghosh, Anandajit Goswami. © 2014. 324 pages.
While the effects of climate change become ever more apparent and pressing, the discussion of sustainable practices and environmental protection is a common overture among the...