Paresh Narayan
Encyclopedia
Professor Paresh Kumar Narayan (1977 - ), is an academic of Fiji Indian origin, who is Australia's youngest Professor of Finance and is now the chair of finance at Deakin University in Melbourne, Australia.

Early life and education

Narayan is the eldest of three brothers and was born in a farming community in Navua
Navua District, Fiji
Navua District is located within Serua Province in the Central Division of Fiji. During colonial times it used to be a sugar growing area, but the closure of the sugar mill in Navua in 1923 led to a decline in economic activity in the district...

. He attended Vashist Muni Primary School, in Navua, then Mahatma Gandhi Memorial primary and secondary schools and finally, Suva Muslim College. On completing high school, he enrolled at the University of the South Pacific
University of the South Pacific
The University of the South Pacific is a public university with a number of locations spread throughout a dozen countries in Oceania. It is an international centre for teaching and research on Pacific culture and environment. USP's academic programmes are recognised worldwide, attracting students...

 (USP) on a Government scholarship in a Bachelor of Arts
Bachelor of Arts
A Bachelor of Arts , from the Latin artium baccalaureus, is a bachelor's degree awarded for an undergraduate course or program in either the liberal arts, the sciences, or both...

 program, majoring in economics
Economics
Economics is the social science that analyzes the production, distribution, and consumption of goods and services. The term economics comes from the Ancient Greek from + , hence "rules of the house"...

 and geography
Geography
Geography is the science that studies the lands, features, inhabitants, and phenomena of Earth. A literal translation would be "to describe or write about the Earth". The first person to use the word "geography" was Eratosthenes...

. After graduating, he worked as a tutor in economics at USP, while pursuing post- graduate studies in this field. In 1998, he was awarded a Japan
Japan
Japan is an island nation in East Asia. Located in the Pacific Ocean, it lies to the east of the Sea of Japan, China, North Korea, South Korea and Russia, stretching from the Sea of Okhotsk in the north to the East China Sea and Taiwan in the south...

ese Government scholarship for a masters degree in development studies. He graduated in 1999 from USP with a gold medal for the having the best thesis. He then worked as a planning officer with the Fiji Islands Trade and Investment Bureau while he continued to teach at USP and the Central Queensland University
Central Queensland University
CQUniversity is an Australian public university based in Queensland. Its main campus is in North Rockhampton Queensland. However, it also has campuses in Bundaberg, Emerald, Gladstone and Mackay, as well as operations throughout Asia-Pacific. For instance, Melior Business School is one of its...

 international campus in Suva
Suva
Suva features a tropical rainforest climate under the Koppen climate classification. The city sees a copious amount of precipitation during the course of the year. Suva averages 3,000 mm of precipitation annually with its driest month, July averaging 125 mm of rain per year. In fact,...

.

Study in Australia

In 2001, he was awarded a Monash
Monash University
Monash University is a public university based in Melbourne, Victoria. It was founded in 1958 and is the second oldest university in the state. Monash is a member of Australia's Group of Eight and the ASAIHL....

 graduate school scholarship to study in Australia
Australia
Australia , officially the Commonwealth of Australia, is a country in the Southern Hemisphere comprising the mainland of the Australian continent, the island of Tasmania, and numerous smaller islands in the Indian and Pacific Oceans. It is the world's sixth-largest country by total area...

 for three years. Professor Narayan completed his PhD
PHD
PHD may refer to:*Ph.D., a doctorate of philosophy*Ph.D. , a 1980s British group*PHD finger, a protein sequence*PHD Mountain Software, an outdoor clothing and equipment company*PhD Docbook renderer, an XML renderer...

 in 18 months. His doctorate thesis, An Econometric Model of Tourism Demand and a Computable General Equilibrium Analysis of the Impact of Tourism: The Case of Fiji Islands was assessed to be the most outstanding work, earning him the Mollie Hollman Medal in 2004 at Monash University.

In addition, he received a Monash University postgraduate travel grant in 2002; the Australian Population Association Borrie Prize for an essay titled, Determinants of Female Fertility in Taiwan
Taiwan
Taiwan , also known, especially in the past, as Formosa , is the largest island of the same-named island group of East Asia in the western Pacific Ocean and located off the southeastern coast of mainland China. The island forms over 99% of the current territory of the Republic of China following...

, 1966-2001: Evidence from Cointegration and Variance Decomposition Analysis, a postgraduate Publications Award in 2003 and numerous research grants.

Paresh is married to Seema Dhar. Seema is currently completing her PhD thesis in the area of current account sustainability for OECD countries at Monash University. Seema is also a gold medalist in Economics. Paresh and Seema have a three year old son, Pritesh Narayan.

University lecturer

On completion of his doctoral studies, Professor Paresh was appointed a lecturer at the Griffith Business School
Griffith University
Griffith University is a public, coeducational, research university located in the southeastern region of the Australian state of Queensland. The university has five satellite campuses located in the Gold Coast, Logan City and in the Brisbane suburbs of Mount Gravatt, Nathan and South Bank. Current...

, on the Gold Coast
Gold Coast, Queensland
Gold Coast is a coastal city of Australia located in South East Queensland, 94km south of the state capital Brisbane. With a population approximately 540,000 in 2010, it is the second most populous city in the state, the sixth most populous city in the country, and also the most populous...

, Australia, and was promoted to senior lecturer in 2005. In 2006, he became associate professor.

Papers and awards

He has published more than 130 papers in renowned journals all over the world.

He has written chapters in books like South Asia in the Era of Globalisation: Trade, Industrialisation and Welfare; Economic Impact of Fiji's Sugar Industry, CGE Modelling and Behaviour of J-Curve.

He is an advisor to Econtech, one of Australia's leading economic consultancy firms, and two years ago he won the prestigious Excellence in Research Award, which he received from the Emarld Institute, a leading publishing institute in United Kingdom.

View on Fijian economy

Narayan blamed the ousted Qarase
Laisenia Qarase
Laisenia Qarase is a Fijian political figure. He served as the sixth Prime Minister of Fiji from 2000 to 2006. After the military quashed the coup that led to the removal of Mahendra Chaudhry, Qarase joined the Interim Military Government as a financial adviser on 9 June 2000, until his appointment...

government and its failure to implement macroeconomic management and stability for the post coup economic decline in Fiji. Earlier he had criticized the Qarase Government's 2007 budget as being "economically sick".
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