Jagdish Bhagwati
Dados Biográficos
| ID | 748782 |
|---|---|
| NOME | Jagdish Bhagwati |
| PRENOMES | Jagdish |
| SOBRENOME | Bhagwati |
| ASSINATURA | BHAGWATI J |
| AFILIAÇÕES | Jagdish Bhagwati, a Fellow of the American Academy since 1982, is University Professor, Economics and Law, at Columbia University and Senior Fellow in International Economics at the Council on Foreign Relations. He has published more than three hundred articles and has authored or edited over fifty volumes. His publications include “The Economics of Underdeveloped Countries” (1966), “Protectionism” (1988), “Free Trade Today” (2002), and “In Defense of Globalization” (2004) |
| VERIFICADO | Não |
| TOTAL DE OBRAS | 65 |
| TOTAL DE CITAÇÕES | 364 |
| TOTAL COMO AUTOR | 65 |
| TOTAL COMO EDITOR | 0 |
| PRIMEIRO ANO DE PUBLICAÇÃO | 1958 |
| ANO MAIS RECENTE DE PUBLICAÇÃO | 2010 |
| ÍNDICE H | 10 |
Preface for Symposium on Globalization and the Brain Drain in the Journal of Development Economics, 2010
Skilled Immigration Today
Skilled immigration into rich countries and competition for talent and professional skills are of major concern among nations today. Comprehensive immigration reform addressed to illegal immigration predictably foundered in Congress last year. This revived the question of skilled immigration and was hastily added to the proposed reform agenda in the hope that it would bring more pro-immigration troops into battle. Immigration reform still failed …
Termites in the Trading System
Jagdish Bhagwati, the internationally renowned economist who uniquely combines a reputation as the leading scholar of international trade with a substantial presence in public policy on the important issues of the day, shines here a critical light on Preferential Trade Agreements, revealing how the rapid spread of PTAs endangers the world trading system. Numbering by now well over 300, and rapidly increasing, these preferential trade agreements, …
We Need to Guard Against Destructive Creation
We Need to Guard Against Destructive Creation* Jagdish Bhagwati (bio) It seems clear that the current financial crisis, terrifying though it is in its dimensions, will not be allowed to turn into the Great Crash of 2008. However, the larger lessons of the crisis, and its commonalities with previous calamities, must still be learnt if a new financial architecture is to be designed that can reduce the prospect of something similar happening again. …
Economic policy in the public interest
Economists, whose discipline has always had a strong relationship to moral philosophy, have always seen their role in society as that of pursuing the public good. They properly see themselves as guardians of the public interest, and to be engaged in public-policy debates against special interests who wish to "capture" policy to advance their narrowly circumscribed, self-serving agendas
In Defense of Globalization
A False Alarm
Globalization is a buzzword that has no precise definition. It takes on many mean ings, drawing both fervent support and fervent opposition. Indeed, the term is so imprecise that it is possible to be simul taneously for and against globalization. In Defense of Globalization focuses on its economic dimension, defined by Bhagwati as diverse forms of international integra tion such as foreign trade, multinational direct foreign investment, movements…
The Muddles over Outsourcing
Critics have muddled the public debate over offshore outsourcing by using the term interchangeably to refer to altogether different phenomena such as on-line purchase of services, direct foreign investment and, sometimes, all imports. We argue that clarity requires distinguishing among these various phenomena and define outsourcing explicitly as the services trade at arm's length that does not require geographical proximity of the buyer and the s…
Don't Cry for Cancún
Despite the dramatic collapse of the recent trade talks in Cancun, things aren't nearly as bad as they seem. Cancun was no Seattle, as will soon become clear when progress resumes on Doha Round negotiations. Fault for the conference's breakdown lies with all the major parties, but the damage can quickly be remedied
Borders beyond Control
INTERNATIONAL MIGRATION lies close to the center of global problems that now seize the attention of politicians and intellectuals across the world. Take just a few recent examples. Prime Ministers Tony Blair of the United Kingdom and Jose Maria Aznar of Spain proposed at last year's European Council meet ing in Seville that the European Union withdraw aid from countries that did not take effective steps to stem the flow of illegal emigrants to th…
Free Trade Today
Afterword
Commenting on the papers in this symposium is paradoxically a difficult task. The authors are remarkably distinguished and one can only learn from what they write. Indeed, I have learned much from them (especially from Dean David Leebron’s splendid clarification of several aspects of linkage, a paper that shows that he should have been an Oxford philosopher if only he had not been such a successful legal scholar). Yet it is easy for an invited co…
Coping with Antiglobalization
Howling over Wolfensohn
Kofi A. Annan, Jagdish Bhagwati, Shengman Zhang, Peter D. Bell, Peter Richardson, H. Paul Crevier, Angus Scrimgeour, Robert Picciotto, J. Michael Finger, Stephen Fidler, Howling over Wolfensohn, Foreign Policy, No. 127 (Nov. - Dec., 2001), pp. 6+8+10+12-13
The Crusade for Free Trade
After Seattle
The multilateral trading system at the millennium finds itself in the dizzying aftermath of a rollercoaster ride, with bad and good news coming at us in tandem and in spades
Don't Give in to the Dark Side
Globalization in Your Face
A Stream of Windows
A Stream of Windows
Part 1 Trade in the global age: a new epoch? the global age - from a sceptical south to a fearful north. Part 2 On the mat - the poverty of protectionism: the poverty of protectionism. Part 3 The diminished giant syndrome - the obsessive search for fair and reciprocity: the diminished giant syndrome - how declinism drives trade policy hormones and trade wars the dangers of selective safeguards brie for breakfast rough trade an unhealthy obsession…
Trading Preferentially
Journal Article Trading Preferentially: Theory and Policy Get access Jagdish Bhagwati, Jagdish Bhagwati Columbia University Search for other works by this author on: Oxford Academic Google Scholar David Greenaway, David Greenaway University of Nottingham Search for other works by this author on: Oxford Academic Google Scholar Arvind Panagariya Arvind Panagariya University of Maryland Search for other works by this author on: Oxford Academic Googl…
The Capital Myth
The US-Japan car dispute
The author examines the recent trade dispute between the United States and Japan concerning the automobile industry as an illustration of the shortcomings of US trade policy under the Clinton administration, in respect of two main issues: aggressive unilateralism, and demands for managed trade in the form of ‘voluntary import expansions’. He argues both the US complaints against Japan were ill-founded and that the methods chosen by the US adminis…
Bergsten and Bhagwati on Japan
Free Trade
The paper analyses the old and new challenges to the theory and policy of free trade. The old challenges have sought to undermine the case for free trade by citing one or another type of market imperfection. Thus, the postwar period has seen two such challenges: Factor market imperfections were analysed in the 1950s to 1970s, product market imperfections in the 1980s. The new challenges are twofold. One comes from the demands for fair trade as a …
The brain drain, international integration of markets for professionals and unemployment
The Capital Myth
Borders beyond Control
INTERNATIONAL MIGRATION lies close to the center of global problems that now seize the attention of politicians and intellectuals across the world. Take just a few recent examples. Prime Ministers Tony Blair of the United Kingdom and Jose Maria Aznar of Spain proposed at last year's European Council meet ing in Seville that the European Union withdraw aid from countries that did not take effective steps to stem the flow of illegal emigrants to th…
The brain drain and income taxation
Trading Preferentially
Journal Article Trading Preferentially: Theory and Policy Get access Jagdish Bhagwati, Jagdish Bhagwati Columbia University Search for other works by this author on: Oxford Academic Google Scholar David Greenaway, David Greenaway University of Nottingham Search for other works by this author on: Oxford Academic Google Scholar Arvind Panagariya Arvind Panagariya University of Maryland Search for other works by this author on: Oxford Academic Googl…
Welfare-theoretical analyses of the brain drain
Domestic Distortions, Tariffs and the Theory of Optimum Subsidy
The Pure Theory of International Trade
Journal Article The Pure Theory of International Trade: A Survey Get access Jagdish Bhagwati Jagdish Bhagwati Delhi School of Economics, Delhi University Search for other works by this author on: Oxford Academic Google Scholar The Economic Journal, Volume 74, Issue 293, 1 March 1964, Pages 1–84, https://doi.org/10.2307/2228112 Published: 01 March 1964
The Muddles over Outsourcing
Critics have muddled the public debate over offshore outsourcing by using the term interchangeably to refer to altogether different phenomena such as on-line purchase of services, direct foreign investment and, sometimes, all imports. We argue that clarity requires distinguishing among these various phenomena and define outsourcing explicitly as the services trade at arm's length that does not require geographical proximity of the buyer and the s…
Education, class structure and income equality
Departures from Multilateralism
Journal Article Departures from Multilateralism: Regionalism and Aggressive Unilateralism Get access Jagdish Bhagwati Jagdish Bhagwati Columbia University New York Search for other works by this author on: Oxford Academic Google Scholar The Economic Journal, Volume 100, Issue 403, 1 December 1990, Pages 1304–1317, https://doi.org/10.2307/2233978 Published: 01 December 1990
Domestic distortions, imperfect information and the brain drain
The Pure Theory of International Trade
Journal Article The Pure Theory of International Trade Get access The Pure Theory of International Trade. By M. C. Kemp. (Englewood Cliffs, New Jersey: Prentice-Hall, 1964. Pp. 324.) Jagdish Bhagwati Jagdish Bhagwati Delhi School of Economics. Search for other works by this author on: Oxford Academic Google Scholar The Economic Journal, Volume 75, Issue 300, 1 December 1965, Pages 837–839, https://doi.org/10.2307/2229696 Published: 01 December 19…
Don't Cry for Cancún
Despite the dramatic collapse of the recent trade talks in Cancun, things aren't nearly as bad as they seem. Cancun was no Seattle, as will soon become clear when progress resumes on Doha Round negotiations. Fault for the conference's breakdown lies with all the major parties, but the damage can quickly be remedied
The World Trading System at Risk
Trade-Diverting Customs Unions and Welfare-Improvement
Journal Article Trade-Diverting Customs Unions and Welfare-Improvement: A Clarification Get access Jagdish Bhagwati Jagdish Bhagwati Massachusetts Institute of Technology Search for other works by this author on: Oxford Academic Google Scholar The Economic Journal, Volume 81, Issue 323, 1 September 1971, Pages 580–587, https://doi.org/10.2307/2229850 Published: 01 September 1971
Notes on Some Controversies in the Theory of International Trade
Journal Article Notes on Some Controversies in the Theory of International Trade Get access Jagdish Bhagwati, Jagdish Bhagwati Nuffield College, Oxford. Search for other works by this author on: Oxford Academic Google Scholar Harry G. Johnson Harry G. Johnson University of Manchester Search for other works by this author on: Oxford Academic Google Scholar The Economic Journal, Volume 70, Issue 277, 1 March 1960, Pages 74–93, https://doi.org/10.23…
Afterword
Commenting on the papers in this symposium is paradoxically a difficult task. The authors are remarkably distinguished and one can only learn from what they write. Indeed, I have learned much from them (especially from Dean David Leebron’s splendid clarification of several aspects of linkage, a paper that shows that he should have been an Oxford philosopher if only he had not been such a successful legal scholar). Yet it is easy for an invited co…
Coping with Antiglobalization
Domestic Distortions, Tariffs, and the Theory of Optimum Subsidy
Bhagwati and Ramaswami (1963) showed that if there is a distortion, the Paretian first-best policy is to intervene with a tax (subsidy) at the point at which the distortion occurs. Hence a domestic tax-cum-subsidy with respect to production would be first-best optimal when there was a domestic distortion (defined as the divergence between domestic prices and the marginal rate of transformation in domestic production) just as a tariff policy would…
A Stream of Windows
Part 1 Trade in the global age: a new epoch? the global age - from a sceptical south to a fearful north. Part 2 On the mat - the poverty of protectionism: the poverty of protectionism. Part 3 The diminished giant syndrome - the obsessive search for fair and reciprocity: the diminished giant syndrome - how declinism drives trade policy hormones and trade wars the dangers of selective safeguards brie for breakfast rough trade an unhealthy obsession…
The US-Japan car dispute
The author examines the recent trade dispute between the United States and Japan concerning the automobile industry as an illustration of the shortcomings of US trade policy under the Clinton administration, in respect of two main issues: aggressive unilateralism, and demands for managed trade in the form of ‘voluntary import expansions’. He argues both the US complaints against Japan were ill-founded and that the methods chosen by the US adminis…
Free Trade
The paper analyses the old and new challenges to the theory and policy of free trade. The old challenges have sought to undermine the case for free trade by citing one or another type of market imperfection. Thus, the postwar period has seen two such challenges: Factor market imperfections were analysed in the 1950s to 1970s, product market imperfections in the 1980s. The new challenges are twofold. One comes from the demands for fair trade as a …
Socialism and Indian economic policy
Samurais No More
The failure of the February 11 Hosokawa Clinton summit in Washington to pro duce a trade agreement on U.S. terms was marked by theatrics on the American side. Deputy Treasury Secretary Roger Altman's banter was typical. He declared, with the bluntness that Wall Street breeds, that the United States would wait until hell freezes over for the Japanese to accept U.S. demands. When Prime Minister Hosokawa finally said no to them, the American anger w…
Immiserizing Growth
Journal Article Immiserizing Growth: A Geometrical Note Get access Jagdish Bhagwati Jagdish Bhagwati Oxford Search for other works by this author on: Oxford Academic Google Scholar The Review of Economic Studies, Volume 25, Issue 3, June 1958, Pages 201–205, https://doi.org/10.2307/2295990 Published: 01 June 1958
Protection, Real Wages and Real Incomes
Journal Article Protection, Real Wages and Real Incomes Get access Jagdish Bhagwati Jagdish Bhagwati Nuffield College, Oxford. Search for other works by this author on: Oxford Academic Google Scholar The Economic Journal, Volume 69, Issue 276, 1 December 1959, Pages 733–748, https://doi.org/10.2307/2227670 Published: 01 December 1959
Value and Plan
Notes on Some Controversies in the Theory of International Trade
Journal Article Notes on Some Controversies in the Theory of International Trade Get access Jagdish Bhagwati, Jagdish Bhagwati Nuffield College, Oxford. Search for other works by this author on: Oxford Academic Google Scholar Harry G. Johnson Harry G. Johnson University of Manchester Search for other works by this author on: Oxford Academic Google Scholar The Economic Journal, Volume 70, Issue 277, 1 March 1960, Pages 74–93, https://doi.org/10.23…
Notes on Some Controversies in the Theory of International Trade
Journal Article Notes on Some Controversies in the Theory of International Trade: Rejoinder Get access Jagdish Bhagwati, Jagdish Bhagwati University of Chicago Search for other works by this author on: Oxford Academic Google Scholar Harry G. Johnson Harry G. Johnson University of Chicago Search for other works by this author on: Oxford Academic Google Scholar The Economic Journal, Volume 71, Issue 282, 1 June 1961, Pages 427–430, https://doi.org/…
An Essay on Trade and Transformation . Staffan Burenstam Linder
International Trade
Domestic Distortions, Tariffs and the Theory of Optimum Subsidy
International Economic Instability
Journal Article International Economic Instability: The Experience after World War II Get access International Economic Instability: The Experience after World War II. By J. D. Coppock. (New York and London: McGraw-Hill, 1962. Pp. xii + 184. 62s.) Jagdish Bhagwati Jagdish Bhagwati Indian Statistical Institute, New Delhi Search for other works by this author on: Oxford Academic Google Scholar The Economic Journal, Volume 73, Issue 291, 1 September…
International Trade and Development . Gerald M. Meier
The Pure Theory of International Trade
Journal Article The Pure Theory of International Trade: A Survey Get access Jagdish Bhagwati Jagdish Bhagwati Delhi School of Economics, Delhi University Search for other works by this author on: Oxford Academic Google Scholar The Economic Journal, Volume 74, Issue 293, 1 March 1964, Pages 1–84, https://doi.org/10.2307/2228112 Published: 01 March 1964
The Pure Theory of International Trade
Journal Article The Pure Theory of International Trade Get access The Pure Theory of International Trade. By M. C. Kemp. (Englewood Cliffs, New Jersey: Prentice-Hall, 1964. Pp. 324.) Jagdish Bhagwati Jagdish Bhagwati Delhi School of Economics. Search for other works by this author on: Oxford Academic Google Scholar The Economic Journal, Volume 75, Issue 300, 1 December 1965, Pages 837–839, https://doi.org/10.2307/2229696 Published: 01 December 19…
Non-economic Objectives and the Efficiency Properties of Trade
It is well known (Kemp, 1962; Samuelson, 1962; Bhagwati, forthcoming) that, for a country with no monopoly power in trade (or domestic distortions), free trade (in the sense of a policy resulting in the equalization of domestic and foreign prices and hence excluding trade, production and consumption taxes, subsidies, and quantitative restrictions) is the optimal policy. It follows, therefore, that free trade is superior to no trade.\nIt has also …
The Proofs of the Theorems on Comparative Advantage
Journal Article The Proofs of the Theorems on Comparative Advantage Get access Jagdish Bhagwati Jagdish Bhagwati University of Delhi. Search for other works by this author on: Oxford Academic Google Scholar The Economic Journal, Volume 77, Issue 305, 1 March 1967, Pages 75–83, https://doi.org/10.2307/2229349 Published: 01 March 1967
The Economics of Underdeveloped Countries
L'economie des pays sous-developpes
Domestic Distortions, Tariffs, and the Theory of Optimum Subsidy
Bhagwati and Ramaswami (1963) showed that if there is a distortion, the Paretian first-best policy is to intervene with a tax (subsidy) at the point at which the distortion occurs. Hence a domestic tax-cum-subsidy with respect to production would be first-best optimal when there was a domestic distortion (defined as the divergence between domestic prices and the marginal rate of transformation in domestic production) just as a tariff policy would…
Trade-Diverting Customs Unions and Welfare-Improvement
Journal Article Trade-Diverting Customs Unions and Welfare-Improvement: A Clarification Get access Jagdish Bhagwati Jagdish Bhagwati Massachusetts Institute of Technology Search for other works by this author on: Oxford Academic Google Scholar The Economic Journal, Volume 81, Issue 323, 1 September 1971, Pages 580–587, https://doi.org/10.2307/2229850 Published: 01 September 1971
Education, class structure and income equality
The brain drain and income taxation
The brain drain, international integration of markets for professionals and unemployment
Socialism and Indian economic policy
Welfare-theoretical analyses of the brain drain
Domestic distortions, imperfect information and the brain drain
Foreign Capital, Savings and Dependence
THE recent focus of radical economists such as Thomas Weisskopf (1972) and Keith Griffin (1970) on the possible reduction in domestic savings caused by aid inflow has raised an important issue: How much does this matter?' A characteristic answer by orthodox economists would be that increased current consumption is also welfare-improving. Hence, the evidence of reduced domestic savings following on the influx of foreign capital -or, what is the sa…
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