-The Telegraph Kaushik Basu credits country’s intellectual influx and links its downfall to the practice of hyper-nationalism by junta in 1930s Calcutta: The pursuit of hawkish nationalism is detrimental to the growth of a country’s economy, Kaushik Basu, C. Marks Professor of international studies and professor of economics at Cornell University, said at Para in Purulia on Thursday. “We cannot be hyper-nationalistic…,” Basu said while delivering a lecture on “India’s economy and the...

-TheWeek.in Well-off are doing fine; stagflation confined to middle and lower-middle classes Kaushik Basu, former chief economic adviser to the government and former chief economist of the World Bank, is currently teaching at Cornell University in the US. In an exclusive interaction, he talks about the current challenges before the Indian economy and its future growth prospects. Excerpts: Q/ Is the Indian economy moving in the right direction? A/ The performance of the Indian...

-Scroll.in ‘Abstract as they may seem, his essential ideas are a springboard for public action’: Jean Drèze’s foreword to Lawrence Hamilton’s ‘How To Read Amartya Sen’. Amartya Sen is better known as an economist than as a philosopher, but he is both and more, like Adam Smith – someone he admires and who happens to share his initials. It is, quite often, his grounding in philosophy that enables him to question the...

-Livemint.com * Poor handling of the pandemic threatens to derail our competitive advantage in the global economy * India’s economy is well-positioned in IT and outsourcing; health and pharma; and higher education and research, which are sectors expected to be leading drivers of global growth NEW YORK: India’s economy is in a downward spiral. The Economist Intelligence Unit just lowered the forecast for India’s growth in the coming year from -5.8% to -8.5%....

-The Hindu The nation’s current social and political predicament poses an existential challenge Ominous clouds have gathered over India, casting shadows of divisiveness and hate, threatening to undermine civil society and halt or even reverse economic progress. There is today a risk of going over a precipice beyond which there may not be a turning point. As the new decade dawned, the two of us decided to get together to write not on...