Economics and Public Policy

Professor Damodaran obtained his PhD from the University of Kerala. He has held several academic and professional assignments abroad, such as a Fellow with the US-EPA, visiting positions at the University of California in Berkeley; University of Bonn; Institute of Developing Economies, Japan; University of Wageningen, The Netherlands; and Graduate School of Management, St Petersburg State University, Russia.He was appointed Visiting Fellow at the United Nations University- IAS , Japan, during 2011. He won a Homi Bhabha Fellowship during 2004-06.

He was a full-time Professor at IIM Bangalore from December 2005 to January 2023, where he taught courses in Managerial Economics,  IPR for Business, Global Commons Negotiations and Business in Network Technologies, Economics of Global Commons and Sustainable Development, and Economics and Managerial Dimensions of Arts and Culture. Professor Damodaran is a highly-regarded teacher and was awarded the Dewang Mehta National Best Teacher Award in Economics in 2016 by the Dewang Mehta Foundation. 

He served as Member on the IIMB Board, Member of the FDEC, Chairperson of the Post Graduate Programme in Public Policy and Management (PGPPM), and Area Chairperson. He served as a member of many international expert groups in Environment Management. He is the Chair of the Technical Advisory Group on the Government of India-UNDP project, ‘BIOFIN.’ 

He is currently Distinguished Professor with Indian Council for Research in International Economic Relations (ICRIER), New Delhi.

Professor Damodaran’s research areas include Environmental Economics and Financing, Cultural Economics, IPR Economics with reference to the Transfer of Technology, Global Commons Management, and Economics of Distributed Network Technologies (Blockchains and Cryptocurrencies). He is widely published, and his papers and articles have appeared in prestigious international journals. His notable books include Encircling the Seamless: India, Climate Change and the Global Commons (2010) and Managing Arts in Times of Pandemics and Beyond (2022).  

Books*

• Damodaran A  (2022):  Managing Arts in Times of Pandemics and Beyond, Oxford University Press, Oxford,UK.
• Damodaran A (2010):  Encircling the Seamless: India, Climate Change and the Global Commons,  Oxford University Press, Delhi  in 2010 (Second edition  forthcoming  in 2023  being published by Oxford University Press, Oxford, UK.
• Damodaran A  (2001): Towards an Agroecosystem Policy for India, Tata McGraw Hill-CEE, New Delhi.

(*All three are sole authored)

Refereed International Discussion Papers and Technical Monographs

• Damodaran, A. (2009). ‘Climate Financing Approaches and Systems: An Emerging Country Perspective’. Working Paper # 8(E)-2009, St Petersburg State University, Russia.
• Damodaran, A. and M S Suneetha. (2007) ‘Emerging Issues in Global Governance: Multilateral Environment Agreements and the WTO: Are Synergies Desirable?’ Policy Monograph No 2, Centre for Public Policy, Indian Institute of Management Bangalore.
• Damodaran, A. (2004) ‘Economic Implications of Global Conventions and India’s Regulatory Environment on Plant Biotechnology Industry’, Research Monograph No. 393, Institute of Developing Economies, Japan.
• Damodaran, A. & Stefanie Engel. (2003). ‘Joint Forest Management in India: Assessment of Performance and Evaluation of Impacts’, Discussion Paper No 77, Center for Development Research (ZEF), University of Bonn.
• Damodaran, A. (1992) ‘India's Country Report on Ozone Layer Protection’, In Country Report For Seminar on Ozone Layer Protection 1992, JICA, EA and JESC, IIC, 92-97; Japan.
• Damodaran, A. (1990). ‘The People, the State and Participatory Management of Common and Public Natural Resources', Technical Report 62, CES, Indian Institute of Science, Bangalore.

Publications/Reports of/for the World Bank & UN Organizations

• Damodaran, A. (2014) ‘Economics of IP and International Technology Transfer’, WIPO, CDIP 14/INF/7, Committee on Development and Intellectual Property, Fourteenth Session, WIPO Discussion Paper.
• Swaminathan, M.S., A. Damodaran and Senthil Vel, A. (2008) ‘Valuing Ecosystem Services of Coastal Zones: Challenges for India’. Environment Matters, The World Bank.
• Damodaran, A., (2000). ‘Implications of International Conventions and Opportunities for Transfer of Environmentally Sound Technologies to Developing Countries’. Proceedings of Ad-hoc Expert Group Meeting on Promotion of New Forms of Financing for Transfer, Development and Application Environmentally Sound Technologies, United Nations Economic and Social Commission for Asia and the Pacific/UNAPCTT, New Delhi, 15-17 November.
• Damodaran, A. (1995), ‘Investment in Clean Technologies - Economic Analysis of Regimes and Incentives’ in Resources Volume for Tertiary Level Education and Training in Environmental Economics, Edited by In Hay, John et al., NETTLAP Publication No.14, United Nations Environment Programme, Regional Office for Asia and Pacific, Bangkok, pp 127-142.

Book Chapters

• Damodaran, A., (2015). ’The Co-benefit Principle and the Durban Platform: Towards an inclusive Framework for Negotiating Climate Change Finance’ in The G20 development agenda, An Indian perspective, Edited by P.Shome, (Cambridge University Press) Ch-6. 161-182.
• Damodaran, A., (2014). ‘Structuring Climate Finance for Adaptation Measures in Vulnerable Ecosystems: Lessons from India’ in Vulnerability of Land Systems in Asia, Edited by  Braimoh, Ademola K. and He Qing Huang, (Wiley-Blackwell), Ch-19, 297-308.
• Damodaran, A., (2013). ’Grand Narratives, Local Minds and Natural Disasters: Community Response to Tsunami in India’ in Logic, Methodology and Philosophy of Science, Edited by Schroeder-Heister, Peter, Gerhard Heinzmann, Wilfrid Hodges and Pierre Edouard Bour, (International Union Of History And Philosophy Of Science, Division Of Logic, Methodology And Philosophy Of Science).
• Damodaran, A., (2011). ’Tsunami in India’s Shorelands – Policy implications of learning sustainability from victims’ in Sustainable Development – The Cultural Perspective, Edited by Banse, Gerhard, Gordon L Nelson, Oliver Parodi, 321-326.

Select Peer Reviewed Papers

• Damodaran A and Onno van den Heuvel (accepted/forthcoming) ‘India’s Low Carbon Value Chain , Green Debt and Global Climate Finance Architecture’, IIMB Management Review, Elsevier (forthcoming 2023).
• Damodaran A (2023)  ‘From Non-Fungible Tokens to  Metaverse: Blockchain Based Inclusive Innovation in Arts’, Journal of Innovation and Development’, Taylor &  Francis, https://doi.org /10.1080/2157930X.2023.2180709.
• Damodaran, A. N, David Myers and Onno van den Heuvel (2019); ‘The Biofin approach to biodiversity conservation in urban ecosystems: The case of Bangalore in India’, Ecosystem Services, Volume 36, April 2019, Elsevier.
• Damodaran, A. N (2018). ‘The Bitcoin Innovation, Crypto Currencies and the Leviathan’, Innovation and Development, DOI: 10.1080/2157930X.2018.1502249, Taylor & Francis.
• Damodaran, A. N., Larry Chavis. (2017). ‘Nurturing UNESCO’s ‘Aged’ Infants in India: Lessons in Heritage Policy’. International Journal of Cultural Policy. Vol-23, Issue 1, 1-16, Taylor & Francis.
• Beermann, Jan, A. Damodaran, Kirsten Jörgensen, Miranda A. Schreurs. ‘Climate Action in Indian Cities: An Emerging New Research Area’. Journal of Integrative Environmental Sciences, Vol13 (1) p 55-66, Taylor & Francis.
• Damodaran, A. (2012). ‘The economics of coping strategies and financing adaptation action in India's semi-arid ecosystems’. International Journal of Climate Change Strategies and Management. Vol-4, Issue-4, 386-403, Emerald.
• Damodaran A (2012). ‘Fiat and Forbearance: The Challenge of Capturing Plurality and Diversity in Environmental Governance’, Society and Management Review, IIMK, Sage Publishers.
• Damodaran, A. (2009). ‘Risk management instruments for debt driven conservation efforts: The case of India's Project Tiger’. Ecological Economics. Vol-68, Issue-3, 625-633, Elsevier.
• Damodaran, A. (2007). ‘The Project Tiger crisis in India: Moving away from the policy and economics of selectivity’. Environmental Values. Vol-16, Issue-1, 61-77, White Horse Press. 
• Damodaran, A. (2006). ‘Tribals, forests and resource conflicts in Kerala, India: The status quo of policy change’. Oxford Development Studies. Vol-34, Issue-3, 357-371.
• Damodaran, A. (2006). ‘Coastal resource complexes of South India: Options for sustainable management’. Journal of Environmental Management. Vol-79, Issue-1, 64-73, Elsevier.
• Damodaran, A. (2005). ‘Re-engineering biosafety regulations in India: Towards a critique of policy, law and prescriptions’. Law, Environment and Development Journal. Vol- 1/1.SOAS- University of London-IELRC.
• Damodaran, A. (2002). ‘Conflict of trade-facilitating environmental regulations with biodiversity concerns: The case of coffee-farming units in India’. World Development. Vol-30, Issue-7, 1123-1135, Elsevier.
• Damodaran, A. (1993). ‘The endogenous management of semi-arid watersheds in Karnataka’. Journal of Environmental Management. Vol-38, Issue-3, 171-183, Elsevier.

Other Select Papers

• Hayami, Yujiro, and A. Damodaran (2004). ‘Towards an Alternative Agrarian Reform: Tea Plantations in South India’. Economic and Political Weekly: 39 (36), 3992–97. http://www.jstor.org/stable/4415498
• Damodaran, A. and Emery Roe. (1998). ‘Theorising to Explain and Triangulating to Explain Away-The Art and Non-Art of Multi-Method Policy Research’. Economic and Political Weekly: Vol. 33, Issue No. 1-2.

Working Papers

• Damodaran, A,  Botha, Anitha and Ganiger, Jyothi (2018): ‘Integrated Intellectual Property Rights (IPR): Framework for the State of Andhra Pradesh’, IIMB Working Paper IIMB-WP569.
• Damodaran, A and Sundaram, M (2017):  ‘Royalty Payments on Intellectual Property: A Preliminary Analysis of the Principal Policy Issues facing India’, IIMB Working Paper IIMB-WP562.​
• Damodaran, A. (2014). ‘Economics of IP and International Technology Transfer’, WIPO,CDIP 14/INF/7, Committee on Development and Intellectual Property, Fourteenth Session, WPO Discussion Paper.
• Damodaran, A. (2010). ‘Carbon dioxide Capture and Storage: Intellectual Property Rights, Business Models and Multilateral Financing Mechanisms for Transfer of Technology- An Exploratory Analysis’, Technical Report -1/ EFGPG/2010, IIMB.
• Damodaran, A. (1999). ‘Regulating Transgenic Plants in India: Biosafety, Plant Variety Protection and Beyond’, Economic and Political Weekly, Vol 33(13), pp A 34- A 42.
• Damodaran, A. (1998). ‘Darjeeling tea, Malabar pepper and complexity of geographic appellations’, The Planters’ Chronicle, 503–505.

Publications in Arts & Culture 

• Damodaran A (2020): ‘Where Nothing is Everything – A Comparison of Japan’s Noh Theatre with its Indian Counterpart’, WORKING PAPER NO: IIMB/IJSC/2020/003, India Japan Study Center, IIM Bangalore.
• Damodaran, A  (2018): ‘Performing Arts: Critical Governance Issues’, IIMB Working Paper IIMB-WP562.
• Damodaran, A (2014): ‘Repertoire Management, Performance Pricing and IP Strategies in Classical Dance Theatres: Russian Ballet versus India’s ‘Kutiyattom’, ACEI 18th Meeting, International Conference on Cultural Economics, 26 June 2014, Montreal.
• Damodaran, A (2013):  ’The Locus of Creativity in Classical Performing Arts: Economics and Intellectual Property in Theatre Management’, Working Paper 432/13, Research and Publications, IIMB.
• Damodaran, A. (2011). ’Sustainability Ideas in Indian Culture - Little Traditions and Post-modern Adaptations’, in Sustainable Development – The Cultural Perspective, Edited by Banse, Gerhard, Gordon L Nelson, Oliver Parodi, 109-116.
• Damodaran, A. (2008). ‘Traditional knowledge, intellectual property rights and biodiversity conservation: Critical issues and key challenges’. Journal of Intellectual Property Rights. Vol-13, Issue-5, 509-513.

Select Articles in Periodicals

• Damodaran A, ‘How Metaverse can Change the Economics of Museums’, Forbes India, January  30,2023.
• Damodaran A, ‘Will Private Investments in Climate Action Projects Become a Game Changer?’, Forbes India, October 28,2022.
• Damodaran A, ‘Challenges of Realising a Global Carbon Price’, Forbes India, October 6, 2022.
• Damodaran A, ‘Towards a Sui-generis Crypto Money Regulation System for India’, Forbes India, December 3, 2021.
• Damodaran A ‘Don Quixote in India – Democratising Classical Arts and Changing Artistes’, CXO Outlook, July 21,2022.
• Damodaran A ‘Memes and NFT trends can save heritage performing arts’, Forbes India, September 9, 2021.
• Damodaran A ‘Why global commodity supercycles are not good for the Paris Agreement’, Forbes India, May 14, 2021.
• Damodaran A, ‘Crush the Fear Economy’, Forbes India, April 10,2020.
• Damodaran A, ‘When Gandhi Met Spinoza’, Forbes India, February 12, 2018.
• Damodaran A, ‘The Poet of Patience’, OPEN, March 2017.
• Damodaran A, ‘Root for the Outlier’, OPEN essay, September 2015.
• Damodaran A, ‘How smart is your city – Redefining the Urban Living Space’, OPEN essay, April 2015.
• Damodaran A, ‘Despair of the Ganges’, Forbes (Anniversary Issue), June 2012.
• Damodaran A, ‘Rebirth of Japan’, Forbes, 2011.

HRT634 Arts, Culture and Heritage - A Managerial Economics Perspective