Jagdish Bhagwati | |
---|---|
![]() | |
Born | |
Citizenship | United States[3][4][5] |
Spouse | Padma Desai |
Academic career | |
Field | International economics, globalization, free trade |
Institution | Columbia University Indian Statistical Institute Delhi School of Economics MIT Sydenham College |
School or tradition | Neoclassical economics |
Alma mater | Sydenham College, Bombay (BA) St John's College, Cambridge (BA) Massachusetts Institute of Technology (PhD) |
Doctoral advisor | Charles P. Kindleberger[1] |
Doctoral students | Gene Grossman[2] Caroline Freund |
Influences | Robert Solow |
Awards | Padma Vibhushan |
Jagdish Natwarlal Bhagwati (born July 26, 1934) is an Indian-born naturalized American economist and one of the most influential trade theorists of his generation.[3][4][5] He is a University Professor of economics and law at Columbia University and a Senior Fellow in International Economics at the Council on Foreign Relations. He has made significant contributions to international trade theory and economic development.
He is widely regarded as the intellectual father of the Indian economic reforms of 1991. He is the only professor in American academia to have a chair named after him while he was still teaching at the university. He is one of only 10 scholars who hold the title of University Professor at Columbia University.[6] Bhagwati is the recipient of several prestigious awards, including the Order of the Rising Sun, Padma Vibhushan, Frank Seidman Distinguished Award in Political Economy and the Freedom Prize of Switzerland.[7]
In 2014, the Financial Times called him “one of the most outstanding economists of his generation never to have won the Nobel Prize”. This view is shared by his peers including Nobel Prize winning economist Paul Krugman, "The crucial point for me is that people didn’t understand at all clearly how distortions in a trading economy relate to policy before Jagdish spelled it out. Once he did, it became so clear that it was hard to believe that someone had to point it out. In my view, that makes his work Nobel-worthy."[8]
For a thorough assessment of the challenges presented by trade and the environment by an author brought up in India but now a U.S. citizen, see Jagdish Bhagwati, In Defense of Globalization (Oxford: Oxford University Press, 2004)
His name may not be immediately familiar, but anyone interested in understanding globalization ought to be acquainted with Jagdish Bhagwati. Born in India, schooled in Britain, and now an American citizen, Bhagwati is an international economist and one of only 10 scholars who hold the title of University Professor at Columbia.
If anyone can rise to this challenge, it should be Jagdish Bhagwati. An esteemed international economist, Bhagwati is a university professor at Columbia and a senior fellow at the Council on Foreign Relations. He has advised the World Trade Organization and the United Nations. Born in India, educated in Britain and now an American citizen, he can claim to understand all points of view.
His name may not be immediately familiar, but anyone interested in understanding globalization ought to be acquainted with Jagdish Bhagwati. Born in India, schooled in Britain, and now an American citizen, Bhagwati is an international economist and one of only 10 scholars who hold the title of University Professor at Columbia.