Awards

Exim Bank Announces Winner of BRICS Economic Research Citation 2024


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Ms. Harsha Bangari, Managing Director of the Export-Import Bank of India (Exim Bank), declared Dr. Hugo Pereira as the winner of Exim Bank’s BRICS Economic Research Citation for 2024. The announcement took place during the BRICS Financial Forum 2024, hosted by the State Development Corporation VEB.RF on October 21, 2024.

The BRICS Financial Forum was held in a hybrid format and included participation from top executives of the BRICS Interbank Cooperation Mechanism member development banks, including the Brazilian Development Bank (BNDES), State Development Corporation (VEB.RF), China Development Bank (CDB), Export-Import Bank of India (Exim Bank), Development Bank of Southern Africa (DBSA), as well as representatives from the New Development Bank (NDB) and Bank Melli Iran. Exim Bank’s Citation prize includes an award of INR 1.5 million and a medal. Additionally, Exim Bank released an Occasional Paper based on Dr. Pereira’s winning thesis, titled “Essays on Exchange Rate and Economic Performance,” presented by Ms. Harsha Bangari during the forum.

About the Winning Thesis

Dr. Hugo Pereira completed his doctoral studies at the Federal University of Minas Gerais, Brazil, earning his degree in 2021. His award-winning thesis, “Essays on Exchange Rate and Economic Performance,” was supervised by Professor Fabrício José Missio and explores critical economic issues related to exchange rates and economic outcomes.

BRICS Economic Research Citation Initiative

Established in March 2016, under India Exim Bank’s Presidency of the BRICS Interbank Cooperation Mechanism and during India’s Chairmanship of the BRICS Forum, the BRICS Economic Research Citation encourages advanced doctoral research in economic topics relevant to BRICS nations. Open to doctoral theses from BRICS nationals awarded a doctorate from any recognized institution globally, this Citation promotes research in international economics, trade, development, and related financial areas. The Citation details were shared globally through various media channels to attract broad participation.

Exim Bank’s initiative underscores its commitment to advancing research in global economics and fostering collaboration within the BRICS economic community.

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