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Jagdish N. BHAGWATI

Jagdish N. BHAGWATI, economist in the field of International Trade Theory. Frank Graham Memorial Lecture, Princeton University, 1967; Lai Bahadur Shastri Lectures, 1973; V. K. Ramaswami Memorial Lecture, 1979; Fellow, Econometric Society., 1973; Mahalanobis Memorial Medal, Indian Econometric Society., 1974.

Background

  • BHAGWATI, Jagdish N. was born in 1934 in Bombay, India.

  • Education

    • Bachelor of Commerce. University Bombay, 1954. Bachelor of Arts, Master of Arts University of Cambridge, Cambridge, United Kingdom, 1956, 1962.

      Doctor of Philosophy Massachusetts Institute of Technology, Cambridge, Mass., USA, 1967.

    Career

    • Professor of Economics, Massachusetts Institute of Technology, Cambridge, Mass., USA, 1968-1978. Ford International Professor of Economics, Massachusetts Institute of Technology, Cambridge, Mass., USA, 1978-1980. Arthur Lehman Professor of Economics, Columbia University, New York City, United States of America.

      Editorial Boards, World Development, Journal of Development Economics, American Economic Review, 1968-1971, Founding Editor, Journal of International Economics, 1971-.

    Major achievements

    • Frank Graham Memorial Lecture, Princeton University, 1967. Lai Bahadur Shastri Lectures, 1973. V. K. Ramaswami Memorial Lecture, 1979.

      Fellow, Econometric Society., 1973. Mahalanobis Memorial Medal, Indian Econometric Society., 1974.

    Views

    Theoretical writings in international trade, education, migration and public finance. In international economics, principal theoretical contributions include the theory of immiserising growth, and the theory of policy intervention in the presence of distortions. Developed the theory of education based on the jobladder model and fairness-in-hiring rule.

    Raised and analysed the theoretical public-finance problem of appropriate tax jurisdiction in the presence of international mobility of people. Developed the general theory of directlyunproductive, profit-seeking activities to analyse the welfare effects of lobbying, tax-evading and other such activities. Important policy work relates to efficient trade regimes for development.

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    Born 1934