-The Times of India Jayati Ghosh is an economist specializing in globalisation and employment in developing nations. Speaking with Ashish Yechury, Ghosh discussed the controversy over defining poverty, ideas about economic growth - and a season of 'Marie Antoinette' economists: * What's your view of India's poverty line? It's very good the media's realised our poverty line is ridiculously low. These lines were developed 40 years ago in a very different social,...
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Economists on the Wrong Foot: a critique of Jagdish Bhagwati and Amartya Sen-Ashish Kothari and Aseem Shrivastava
-IndiaResists.com The ongoing debate between two stalwart economists, Amartya Sen and Jagdish Bhagwati, must be joined by those who understand contemporary realities and challenges in terms altogether different from those of mainstream economists. In a recent (July 27) article in Times of India, Bhagwati's co-author Arvind Panagariya characterizes the differences between the two in the following terms. Sen favours education and health measures as being the first steps to tackle poverty...
More »Myth of the great Indian growth -Ashish Kothari
-The Hindustan Times India's fabled growth story has just been exposed by an unlikely source - the World Bank (WB). Unlikely, because this institution is one of those most responsible for advocating economic growth as the pillar of development. In a report released on July 17, the WB states that the cost of environmental damage amounts to 5.7% of India's Gross Domestic Product (GDP). This effectively means (though the report fights shy of...
More »Birth of a state: Who prospers, mother or daughter? -Subodh Varma
-The Times of India Almost 57 years after it was carved out by merging Telugu-speaking areas and cutting out Marathi and Kannada speaking areas, Andhra Pradesh is now on the carving board again - the Telangana region will now be partitioned off into a new state, induced by a long-standing agitation, but delivered by the political expediency of the Congress. Whatever be the complex electoral implications of this, the real question is...
More »Figuring out Gujarat -Bhalchandra Mungekar
-The Indian Express The Gujarat model of development is not what its champions say it is Having realised that the people of India have not exonerated him for the post-Godhra killings of Muslims in 2002 on his watch, Gujarat Chief Minister Narendra Modi systematically tried to build up his image as a "man of development"(vikas purush). The Sangh Parivar called it the "Gujarat model of development" and started propagating it. But what...
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