Jagdish N Bhagwati
Biographic Data
| ID | 980476 |
|---|---|
| NAME | Jagdish N Bhagwati |
| GIVEN NAMES | Jagdish N |
| FAMILY NAME | Bhagwati |
| SIGNATURE | BHAGWATI J N |
| AFFILIATIONS | Columbia University |
| VERIFIED | No |
| TOTAL WORKS | 112 |
| TOTAL CITATIONS | 868 |
| AUTHOR COUNT | 112 |
| EDITOR COUNT | 0 |
| FIRST PUBLICATION YEAR | 1958 |
| LATEST PUBLICATION YEAR | 2010 |
| H-INDEX | 15 |
Preface for Symposium on Globalization and the Brain Drain in the Journal of Development Economics, 2010
Skilled Immigration Today: Prospects, Problems, And Policies
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
Wider Perspectives on Global Development
In Defense of Globalization
Publisher's description: The riot-torn meeting of the World Trade Organization in Seattle in 1999 was only the most dramatic sign of the intensely passionate debate now raging over globalization, which critics blame for everything from child labour to environmental degradation, cultural homogenization, and a host of other ills afflicting poorer nations. Now Jagdish Bhagwati, the internationally renowned economist known equally for the clarity of …
A False Alarm: Overcoming Globalization's Discontents
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…
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: The Question of Linkage
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: A Trilogy of Discontents
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: Evaluating Clinton's International Economic Policy
The Wind of the Hundred Days: How Washington Mismanaged Globalization
In The Wind of the Hundred Days, a new collection of public policy essays, Jagdish Bhagwati applies his characteristic wit and accessible style to the subject of globalization. Notably, he argues that the true Clinton scandal lay in the administration's mismanagement of -- resulting in the paradox of immense domestic policy success combined with dramatic failure on the external front. Bhagwati assigns the bulk of the blame for the East Asian fina…
After Seattle: Free Trade and the WTO
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 New Book Humanizes Global Capitalism
A Stream of Windows: Unsettling Reflections on Trade, Immigration, and Democracy
A Stream of Windows: Unsettling Reflections on Trade, Immigration, and Democracy
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: Theory and Policy
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 Difference between Trade in Widgets and Dollars
The US-Japan car dispute: A monumental mistake
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…
The New Thinking on Development
The New Thinking on Development Jagdish Bhagwati (bio) Nearly three decades ago, I wrote of a trade-off or “cruel dilemma” which then seemed to govern the relationship between democracy and economic development. 1 It is now my pleasure to admit that this view, based on arguments that I shall presently discuss, was too pessimistic and despondent, and to affirm the more sanguine view of this relationship that has replaced the old thinking. The new …
Directly Unproductive, Profit-Seeking (DUP) Activities
This paper proposes directly unproductive, profit-seeking (DUP) activities as a general concept that embraces a wide range of recently analyzed economic activities, including the subset of rent-seeking activities considered by Krueger. It then proceeds to provide a synthesis and generalization of the welfare-theoretic analysis of such activities by developing a fourfold categorization of cases depending on the levels of distortions before and aft…
The brain drain, international integration of markets for professionals and unemployment
In Defense of Globalization
Publisher's description: The riot-torn meeting of the World Trade Organization in Seattle in 1999 was only the most dramatic sign of the intensely passionate debate now raging over globalization, which critics blame for everything from child labour to environmental degradation, cultural homogenization, and a host of other ills afflicting poorer nations. Now Jagdish Bhagwati, the internationally renowned economist known equally for the clarity of …
The international operations of national firms: A study of direct foreign investment
The Capital Myth: The Difference between Trade in Widgets and Dollars
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…
Economics and World Order from the 1970's to the 1990's
Revenue Seeking: A Generalization of the Theory of Tariffs
The theory of commercial policy has recently addressed three phenomena: (i) tariff (quota) seeking or lobbying by potential beneficiaries for the imposition of a tariff (quota), (ii) tariff (quota) evasion, and (iii) rent seeking or lobbying for getting an allocation of the import quota to earn the rents generated. Revenue seeking or lobbying to secure a share in the disposition of the tariff revenues is analyzed here. it is shown that revenue se…
Why are Services Cheaper in the Poor Countries
In their important work on international comparisons of national incomes and of comparative price structure, Kravis, Heston and Summers (i982, p. 8) have noted that 'services are much cheaper in the relative price structure of a typical poor country than in that of a rich country'. This phenonomen has been documented now fairly systematically by the data, gathered under their guiding hand, of the United Nations International Comparison (ICP) whic…
India: planning for industrialization: Industrialization and Trade Policies Since 1951
The brain drain and income taxation
Trading Preferentially: Theory and Policy
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
Poverty and public policy
Domestic Distortions, Tariffs and the Theory of Optimum Subsidy
The Pure Theory of International Trade: A Survey
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
Foreign Ownership and the Theory of Trade and Welfare
Some standard topics in the theory of international trade are reconsidered in this paper by distinguishing between national and aggregate income when fixed supplies of foreign inputs are present within the home country. Under conditions that would ensure a national welfare gain if foreign ownership were absent, international transfer, economic growth, or tariff policy might cause a national welfare loss in the presence of foreign ownership. The t…
Development and Planning
Journal Article Development and Planning Get access Development and Planning. Essays in honour of Paul Rosenstein-Rodan. Edited by J. N. Bhagwati and R. S. Eckaus. (London: George Allen & Unwin Ltd., 1973. Pp. 343. £5.60.) R. Van Slooten R. Van Slooten London Search for other works by this author on: Oxford Academic Google Scholar The Economic Journal, Volume 83, Issue 331, 1 September 1973, Pages 959–961, https://doi.org/10.2307/2230713 Publishe…
The New Thinking on Development
The New Thinking on Development Jagdish Bhagwati (bio) Nearly three decades ago, I wrote of a trade-off or “cruel dilemma” which then seemed to govern the relationship between democracy and economic development. 1 It is now my pleasure to admit that this view, based on arguments that I shall presently discuss, was too pessimistic and despondent, and to affirm the more sanguine view of this relationship that has replaced the old thinking. The new …
Departures from Multilateralism: Regionalism and Aggressive Unilateralism
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
Shadow Prices for Project Selection in the Presence of Distortions: Effective Rates of Protection and Domestic Resource Costs
The paper addresses the problem of deriving shadow prices for use in project evaluation when the existing allocation is characterized by ad valorem trade distortions. The analysis is used to clarify and resolve the long-standing debate among effective-rate-of-protection and domestic-resource-cost proponents as to the respective merits of their measures as methods of project evaluation. The derivation of shadow factor prices is then extended to th…
The Wind of the Hundred Days: How Washington Mismanaged Globalization
In The Wind of the Hundred Days, a new collection of public policy essays, Jagdish Bhagwati applies his characteristic wit and accessible style to the subject of globalization. Notably, he argues that the true Clinton scandal lay in the administration's mismanagement of -- resulting in the paradox of immense domestic policy success combined with dramatic failure on the external front. Bhagwati assigns the bulk of the blame for the East Asian fina…
Domestic distortions, imperfect information and the brain drain
Immiserizing Growth: A Geometrical Note
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: Rejoinder
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: Theory and Economic Policy
Domestic Distortions, Tariffs and the Theory of Optimum Subsidy
International Economic Instability: The Experience after World War II
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: A Survey
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: Some Further Results
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…
Indian Economic Policy
Journal Article B. R. Shenoy. Indian Economic Policy.P. Streeten and M. Lipton. The Crisis of Indian Planning. Economic Policy in the 1960's Get access Indian Economic Policy. By B. R. Shenoy. (Bombay: Popular Prakashan, 1968. Pp. xviii + 254. Rs.25.)The Crisis of Indian Planning. Economic Policy in the 1960’s. Edited by P. Streeten and M. Lipton. (London: Oxford University Press, for the Royal Institute of International Affairs, 1968. Pp. vii + …
India: planning for industrialization: Industrialization and Trade Policies Since 1951
India: Planning for Industrialization
Trade-Diverting Customs Unions and Welfare-Improvement: A Clarification
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
The Heckscher-Ohlin Theorem in the Multi-Commodity Case
The article focuses on the Heckscher-Ohlin theorem in the multi-commodity case. Economist Ronald Jones, in his seminal paper on Heckscher-Ohlin theory, has argued that for the case of two countries, two factors and several commodities, the Heckscher-Ohlin theorem would certain valid in the following weak sense: "Ordering the commodities with respect to the capital-labor ratios employed in production is to rank them in order of comparative advanta…
Education, class structure and income equality
The brain drain and income taxation
A Reply to Professor Kirmam
Journal Article A Reply to Professor Kirmam Get access Jagdish N. Bhagwati Jagdish N. Bhagwati Massachusetts Institute of Technology Search for other works by this author on: Oxford Academic Google Scholar The Economic Journal, Volume 83, Issue 331, 1 September 1973, Pages 895–897, https://doi.org/10.2307/2230682 Published: 01 September 1973
Economics (93 works) · Political science (71 works) · Law (34 works) · Global trade and economics (31 works) · Sociology (29 works) · Law (28 works) · International trade (21 works) · Politics (20 works) · International economics (19 works) · Market economy (19 works)