-The Business Standard 7 things you should know in the Bhagwati vs Sen slugfest Jagdish Bhagwati and Amartya Sen are the two Indian economists who are most respected for their work. Both have worked on a broad spectrum of issues, though Sen is best known for his work on public choice and development and Bhagwati for his work on trade. They are both liberal, neoclassical economists, who support deregulation and disapprove of...
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Prof. Amartya Sen, co-author of the book - An Uncertain Glory: India and its Contradictions, interviewed by Mihir S Sharma
-The Business Standard Nobel Prize-winning economist Amartya Sen, who has just written An Uncertain Glory: India and its Contradictions with Jean Dreze, tells Mihir S Sharma that he doesn't understand why his book has received an angry reaction, or why he is being called anti-growth and pro-redistribution. * Is it startling to discover that you are being called a licence Raj socialist? It is very strange indeed. Perhaps some of this reaction is...
More »Amartya Sen backs Bihar’s growth model
-The Times of India NEW DELHI: Nobel laureate Amartya Sen on Sunday backed Bihar's growth strategy, arguing that growth was not independent of social transformation. "What is needed is an integrated approach for development and growth," Sen said at a book release event. Citing Japan's model, which was later adopted by South Korea, Taiwan, Hong Kong and Singapore, the noted economist suggested that without education and proper health facilities, it was difficult...
More »Good news on poverty-TN Ninan
-The Business Standard But many numbers point to contrary trends The latest numbers on poverty levels are dramatic; they show that the number of people below the poverty line (as defined by the late economist Suresh Tendulkar) has shrunk from 37 per cent of the population to 22 per cent, in the seven years to 2011-12. This is an unprecedented rate of fall in poverty levels; some 40 per cent of those...
More »Muted MSP hike positive for food inflation: Nomura
-PTI MUMBAI: The recent five per cent hike in the MSP against 15 per cent average hike in support price for farm produce in the last six years is likely to have only a nominal impact on food inflation Japanese brokerage firm Nomura said in its research report. Government last week raised the MSP of nine farm items, including some pulses and oilseeds, in the range of Rs 60-450 per quintal for...
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