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

The Forum which was held in a hybrid format, saw the participation of the heads/ senior executives of member development banks of the BRICS Interbank Cooperation Mechanism viz. the Brazilian Development Bank (BNDES); State Development Corporation (VEB.RF); China Development Bank (CDB); Export-Import Bank of India (Exim Bank) and Development Bank of Southern Africa (DBSA), along with the New Development Bank (NDB) and Bank Melli Iran. The Citation comprises prize money of Indian Rupees 1.5 million, and a medal, sponsored by Exim Bank. Exim Bank’s Occasional Paper titled “Essays on Exchange Rate and Economic Performance” based on the Citation winner’s doctoral thesis was also released during the Forum at the hands of Ms. Harsha Bangari, Managing Director, Export-Import Bank of India.  

The Winning Thesis
Dr. Pereira received his doctoral degree in 2021 from the Federal University of Minas Gerais, Brazil for his doctoral dissertation titled “Essays on Exchange Rate and Economic Performance”. The thesis was written under the supervision of Professor Fabrício José Missio at the Federal University of Minas Gerais.

The BRICS Economic Research Citation
In the context of India’s Chairmanship of the BRICS Forum during 2016, and under India Exim Bank’s Presidency of the BRICS Interbank Cooperation Mechanism (ICM), India Exim Bank instituted the BRICS Economic Research Citation in March 2016. The objective of the Citation is to stimulate and encourage advanced doctoral research on economics related topics of contemporary relevance to the member nations of BRICS.  

The BRICS Economic Research Citation represents India Exim Bank’s on-going efforts at promoting research in the area of international economics, trade & development and related financing. The Citation accepted as entries, doctoral thesis written by nationals of any of the ten member nations of BRICS, who have been awarded a doctorate or accepted for award of a doctorate from any University or academic institution globally. The details of the Citation were disseminated globally through advertisements in print and electronic media.

October 21, 2024

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^{For further details please contact:
Mr. David Sinate, Chief General Manager, Export-Import Bank of India, Centre One Building, Floor 21, World Trade Centre Complex, Cuffe Parade, Mumbai 400 005.
Telephone: +91-22- 2286 0363; Fax: 022- 2218 0743;
E-mail: dsinate[at]eximbankindia[dot]in}