Avantika Chilkoti

Avantika ChilkotiAvantika Chilkoti graduated from the University of Cambridge in 2011, with a BA in Land Economy. In her three years of undergraduate study, she specialised in development economics and environmental policy and also worked as Editor of the student newspaper, Varsity. Whilst interning at World Economics, she ran a daily blog for the website which looked at news and contemporary issues in the field of economic data. She now works as a Research Assistant at RAND Corporation in Cambridge.

Papers Published in World Economics:

America’s Dangerously Opaque Public Accounting Systems

The current global economic crisis has highlighted the problems that result from governments’ archaic and erroneous accounting practices. The Financial Report of the United States Government is scrutinised with the same pedantry that an auditor or long-term investor uses when studying the financial statements of a listed company. What emerges is an all too clear picture of the extent and the root of America’s economic crisis. USA Inc. is found to have a net worth of minus $44 trillion, a symptom of unfunded liabilities that have grown as entitlement expenditure has rocketed. As well as changes in policy, it is the external auditing of government accounts that is suggested as a potential panacea for this global epidemic.

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